Libra — sometimes referred to as “Facecoin” or “Zuckcoin” — is self-billed as “a simple global currency and financial infrastructure that empowers billions of people.” The introduction waxes cypher-poetic about the liberating nature of the internet and the potential for an online currency to unfetter financially disenfranchised populations around the world from the shackles of the inefficient and parasitic banking system. “The world truly … [Read more...] about Facebook’s Libra Is Here. But It Might Not Be What You Think.
News Bitcoin
Privacy Is Paramount: How KYC Makes Us All Less Free
KYC (Know Your Customer) policies and endless private data collection, coupled with force-backed, violent legislation compromise the utility and ethics of crypto trading. An uncompromising stance on user privacy is critically important to crypto traders and peer-to-peer transaction. It’s not about having nothing to hide, but about sound economics, human dignity, and creating a more peaceful, less violent, world. Also read: Hayden Otto Discusses … [Read more...] about Privacy Is Paramount: How KYC Makes Us All Less Free
CoinMarketCap Transparency: 70% of Exchanges Complied With Exchange Data Request
Leading cryptocurrency data provider CoinMarketCap has announced that 70.3 percent of the exchanges listed on its platform have complied with its mandatory exchange data requests aimed at boosting transparency in trade volume reporting. 95 percent of the trade volumes reported by CoinMarketCap were fake according to a report released in April 2019 by Bitwise Asset Management. It suggested that CoinMarketCap reported approximately $6 billion … [Read more...] about CoinMarketCap Transparency: 70% of Exchanges Complied With Exchange Data Request
Bitmain Launches Low-Cost Special Edition Antminer S9
On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original S9. Also read: Report Insists ‘Bitcoin Was Not Purpose-Built to First Be a Store of Value’ Special Edition S9 With 16 Terahash per Second Bitmain has launched … [Read more...] about Bitmain Launches Low-Cost Special Edition Antminer S9
Latin America and Turkey Have the Most Cryptocurrency Users, Poll Shows
Cryptocurrency usage has been expanding globally and a new survey confirms that trend. The poll conducted by Statista shows that the citizens of troubled countries tend to exploit the benefits of decentralized digital money far more readily than the citizens of thriving nations. Also read: VPN Providers Defy Order to Connect to Russia’s Internet Censor Study Determines Global Cryptocurrency Adoption The 2019 edition of the Statista Global … [Read more...] about Latin America and Turkey Have the Most Cryptocurrency Users, Poll Shows