Author Archives: creative

Venezuela’s Maduro Shafted From Gold Storage, Self-Sovereign BTC Shines

Venezuela’s Maduro just lost a ruling regarding his supposed gold ownership. Venezuela’s allegedly corrupt leader, Nicolás Maduro, recently lost a court battle involving approximately $1 billion of gold.  “The UK High Court has ruled against Venezuela’s government in a legal battle over access to $1bn (£820m) of gold stored in the Bank of England,â€� BBC said in a July 2 article.  As a self-sovereign digital asset, Bitcoin lies outside of centralized control. If Maduro stored that value in Bitcoin, he may still have access to those funds.  […]

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Coinbase’s “Data Plumber” Denies All Allegations

Coinbase’s “data plumberâ€� denies storing users’ login credentials in plain text, and all the other allegations in a new class action complaint. A source close to Plaid, the company that serves as a “data plumberâ€� to Coinbase, Robin Hood, Square’s Cash App and many others, denied all allegations of the class action complaint that was recently filed. The entire complaint hinges on the allegation that Plaid sells user data to the “highest bidderâ€�. A Plaid spokesperson called this allegation “baselessâ€�.  A money-making operation? A source close to […]

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US Banking Regulator Invites Innovators to Talk Tech Virtually

The office of the U.S. Treasury responsible for regulating banks wants to open up dialogue on fintech. Per a July 2 announcement, the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau (CFPB) are opening up virtual hours for industry players looking to discuss innovation and new technologies in banking.  More venues for crypto to meet with regulators The new meetings will be capped at one hour in length and are currently slated for just two days, July 29-30. Those interested need […]

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The Word Stimulus Means “Buy Bitcoin” For This Exec

The head of business development for blockchain financial services outfit, Unchained Capital, flees to Bitcoin when the government starts talking about stimulus spending. Parker Lewis, Unchained Capital’s head of business development, said he sees recent government stimulus talk as a sign that it’s time to pick up more Bitcoin (BTC).  “Every time that I hear a new trillion-dollar stimulus will be announced, I immediately buy Bitcoin,” Lewis told Morgan Creek Digital co-founder Anthony Pompliano in a June 26 interview. “That’s my new trigger and I seemingly get […]

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Austrian Crypto Users Will Soon Be Able to Spend Crypto at 2,500 Locations

Over 2,500 Austrian merchants can now accept cryptocurrencies as a payment method. Crypto holders in Austria will soon be able to spend their coins at more than 2,500 points of acceptance using A1 Payment — one of the largest mobile network operators in the country. According to an announcement made by Austrian fintech firm Salamantex, its Crypto Payment Service Software is now integrated into the A1 Payment platform. Merchants will start accepting Bitcoin (BTC), Ether (ETH) or Dash, instead of cash or credit cards, in summer 2020. Austria’s current stance towards […]

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Learn How To Build a Long-Term Trading Strategy in This Week’s Crypto Markets Show Live!

Popular traders and youtubers Benjamin Cowen and Tyler D. Coates discuss long-term trading strategies and how to take profit from major trends in the crypto market. In our latest crypto market show live, popular traders and youtubers Benjamin Coates and Tyler D. Coates will be discussing long-term trading strategies and how to take profit from major trends in the crypto market.  The crypto market has been trading sideways for a few weeks, which means it is a good time to think of a long term trading strategy […]

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‘Running Drivenet:’ Bitcoin Proponent Discusses the Benefits of Drivechain Versus Lightning Network

During the last few days, a number of cryptocurrency supporters have been discussing Paul Sztorc’s Drivechain project, also referred to as “Drivenet.” The Drivechain project has been a work in progress for years now, and just recently Sztorc published a new version of the Drivenet software. On June 29, the Bitcoin proponent John Light tweeted “Running Drivenet” on Twitter, letting the public know about the application’s “important benefits.” During the last five years scaling concepts, offchain networks like Lightning, and sidechains have been both hot and controversial […]

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Zap’s Strike Moves to Public Beta

Today, Zap, the Lightning wallet lead by developer Jack Mallers, has announced that their Strike product is now in public beta.   Previously, Strike had only been available through a closed, private beta program. In the private beta, Mallers claims that they have “already seen $100,000 in paymentsâ€�. Strike is an application that allows you to transact with Lightning payments with just a debit card or bank account. But, here’s the secret sauce:  instead of having to buy bitcoin to load up your Lightning channels, users on Strike never touch […]

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Metamask Enhances User Privacy With New Wallet Update

Major Ether wallet service and browser extension, Metamask, introduces newly released version featuring enhanced privacy control. Metamask, a popular Ether (ETH) wallet and browser extension, has just released a new major application upgrade. Announcing the news on July 2, Metamask outlined that the new update, Metamask Version 8, offers a number of new features like enhanced privacy control and a new account-login system. This story is developing and will be updated. Powered by WPeMatico

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Why Isn’t BCH Way More Popular on the Dark Web?

Despite a growing number of advanced privacy features, Bitcoin Cash seems to have fallen out of favor with Dark Web operators. According to crypto advocate Roger Ver, Bitcoin Cash (BCH) is the only “recentâ€� coin to be widely used on the dark web. “The only other coins being used on the darknet markets are the coins that have been around for a long time like Bitcoin, of course, then Monero,â€� Ver said. Coinelegraph’s investigation showed that although BCH does reach the Dark Web, it’s far from being […]

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