How Indian Cryptocurrency Users Avoid Banks Closing Their Accounts

Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. Also read: Indian Supreme Court Moves Crypto

Venezuelan President Raises Petro’s Value Again in Bid to Create ‘New System’

For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of the national cryptocurrency, the petro, this time to 36,000 sovereign bolivars. The move has again been met with criticism.  Also read: Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It ‘A New Monetary System’ President Nicolas Maduro introduced a

Cashshuffle Developer Says Privacy Project Nears Completion

One of the Cashshuffle development team contributors, Josh Ellithorpe, revealed on Jan. 14 that the BCH-focused privacy shuffling protocol is near completion. The developers are planning to run a security audit on the code and have launched a fundraiser on the Bitbacker.io platform to help secure funding for the audit. Also read: Crypto Luminary Impersonation Scammers on Social Media Raked in

Venezuela Files Complaint With WTO Regarding US Sanctions Targeting Petro

On Jan. 8, the World Trade Organization (WTO) published a dispute settlement request that was filed by the Bolivarian Republic of Venezuela with regards to executive orders and sanctions maintained by the United States that target Venezuela and the nation’s cryptocurrency, the petro. The document was filed with the WTO on Dec. 28. Also Read: Malaysia Starts Regulating Cryptocurrencies Today  Venezuela

Crypto Impersonation Scammers on Social Media Raked in Millions in 2018

Over the last two years, as cryptocurrencies gained mainstream attention, scammers have become far more prevalent. One particular social media scam that can be found on prominent websites like Twitter, Facebook and Instagram is the impersonation of well-known crypto industry executives and blockchain luminaries. Unfortunately even a verified account means nothing these days and these giant corporations have allowed fraudulent

St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices

The St. Louis branch of the Federal Reserve bank has published a report seeking to examine the long-term prospects of BTC as an investment. The paper is highly critical of bullish outlooks for bitcoin, asserting that a “flood” of altcoins will deflate the price of all cryptocurrencies relative to fiat currencies over time. Also Read: Marshall Islands Updates 2019 Roadmap for

Chatter Report: Antonopoulos on Rolling Checkpoints, Vays Defends Song’s Stance on Credit Cards

In today’s roundup of crypto chatter, Andreas Antonopoulos explains rolling checkpoints and how consensus is achieved between miners, developers, exchanges, merchants, and wallets. Chris DeRose believes new Bitcoin pundits are toxic compared to the old ones. Also, Tone Vays defends Jimmy Song’s position on using credit cards over bitcoin.   Also read: Hash Wars: A Successful BCH Upgrade and a ‘High Risk’

The Daily: Bittrex Opens OTC Desk, Bakkt Acquires Futures Team

In today’s edition of The Daily, we cover a number of stories that show how the cryptocurrency ecosystem is evolving to become more inviting to institutional investors. Bittrex exchange opens an OTC trading desk, Bakkt “acquihires” a futures compliance team, and Swiss investment bank Vontobel launches a custody solution. Also Read: Bitwise Asset Management Files With SEC for New Bitcoin

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