Indian Crypto Firms Club Together to Fight Potential Ban
A cabal of Indian cryptocurrency exchanges and other companies in the sector plans to engage the country's top financial decision-makers over the proposed ban on cryptocurrency investment, according to the Economic Times of India. The outlet reports that a collective called the Blockchain and Crypto Council will this week present a letter to India’s finance policy heads in an attempt to start a dialogue about how the space can be regulated rather than resorting to nationwide bans.
CISA has called on logistics companies to use blockchain technology during the next major international crisis.
Read the full article at FullyCrypto: https://fullycrypto.com/cisa-use-blockchain-in-next-international-crisis
2020 has been a year like no other. Coronavirus has of course dominated the headlines and all our lives, but the crypto world has endured an equally tumultuous 12 months. Bitcoin has hit all time highs just nine months after crashing 51% in March, while Ethereum 2.0 has launched after years in development.
Read the full article at FullyCrypto: https://fullycrypto.com/crypto-in-2020-a-year-in-review-part-1
Chainalysis CEO Michael Gronager has said that privacy coins such as Monero and Zcash only serve “crime syndicates” and as such do not have a future. Speaking to Forbes online, Gronager, whose company has recently been awarded a contract to try and ‘crack’ the Monero blockchain, said that privacy coins were an “interesting technology” but they weren’t something that authorities “should be concerned about.”
Read the full article at FullyCrypto: https://fullycrypto.com/chainalysis-ceo-privacy-coins-serve-crime-syndicates
META 1 Coin is a project very close to our hearts. When it came onto our radar back in March 2020 due to the Securities and Exchange Commission (SEC) taking legal action against, we knew we were onto something special. We pulled apart its laughable whitepaper, dubbing it the worst in the world, which we replicated on a special episode of the FullyCrypto podcast. We have continued to follow the META 1 story as it has gotten stranger, with the latest coverage coming in November and their “public launch”. It’s time to see what has happened since.
Read the full article at FullyCrypto: https://fullycrypto.com/meta-1-coin-scam-where-are-we-now
With the alt market going crazy and coins doin double figures on consecutive days, it can be tempting to think that the bubble has to burst soon or, if you haven’t made the most of it, that you have missed your opportunity. However, as we can see, there is a very strong argument to suggest that in fact, rather than alt season coming to an end, it is only the beginning and the best is yet to come.
Read the full article at FullyCrypto: https://fullycrypto.com/alt-season-isnt-nearly-over-in-fact-its-just-starting
The class action lawsuit against Overstock executives and their controversial digital dividend is back on after the judge that initially dismissed the case reversed his decision after an appeal. Two leading Overstock executives, including founder Gabriel Byrne, are on the hook for millions of dollars after a group of investors took umbrage at the digital dividend the company offered in 2019 which they considered to be an unlicensed security and led to them experiencing losses on their short calls.
Read the full article at FullyCrypto: https://fullycrypto.com/overstock-lawsuit-back-on-after-judge-reverses-own-dismissal
The Bitcoin mining difficulty rate is something that not too many people in the cryptocurrency world think about, but it is a critical part of the Bitcoin blockchain design. Every now and again it makes headlines, but what exactly is the Bitcoin mining difficulty rate and why is it so important to Bitcoin?
Read the full article at FullyCrypto: https://fullycrypto.com/bitcoin-mining-difficulty-what-it-is-and-why-it-matters
Tether has stood firm against blackmailers who attempted to ransom them for ₿500 in return for releasing documents the blackmailers claimed would “harm the bitcoin ecosystem”. Tether announced on Sunday that it had seen what purported to be internal documents circulating online, but denounced these as forgeries, calling the demand “a pretty sad attempt at a shakedown”. The news comes just days after the company drew a line under its legal troubles with the Office of the Attorney General of New York (OAG), when it was presumably looking to enjoy a quiet spell out of the headlines.
Read the full article at FullyCrypto: https://fullycrypto.com/tether-stands-firm-against-blackmailers
Mining City has been highlighted as another in the plethora of Bitcoin cloud mining scams by the Philippine Securities and Exchange Commission (SEC). The agency last week highlighted the website as another example of the schemes where investors pay a monthly fee in anticipation of receiving a portion of monthly Bitcoin mining returns when in fact they are being paid out the fees from new entrants.
Read the full article at FullyCrypto: https://fullycrypto.com/mining-city-highlighted-as-bitcoin-cloud-mining-ponzi-scam