SEC Commissioner Hester Peirce Acknowledges the SEC Will Never Approve a Bitcoin ETF

February 27, 2020  /  by Crypto.IQ
Securities and Exchange Commission (SEC) Commissioner Hester Peirce, often referred to as Crypto Mom since she is the only SEC Commissioner with a favorable view towards crypto, has acknowledged that the SEC will likely never approve a Bitcoin exchange traded fund (ETF) since the SEC is biased and has constantly shifting standards when it comes… Read more

IOTA an Example of How Centralization Can Destroy a Billion Dollar Cryptocurrency, Network Down For over Two Weeks and May Be Down Another Two Weeks, IOTA Has Lost 40% of Its Value So Far

February 27, 2020  /  by Zachary Mashiach
The IOTA network has been down since Feb. 12, meaning that, for over 2 weeks, no one who holds IOTA has been able to send or receive any transactions. The IOTA Foundation decided to turn off the IOTA network after $2 million was stolen out of IOTA’s native Trinity wallet. However, IOTA has lost 40%… Read more

Coinbase Wallet Integrates Ethereum Name Service (ENS) to Simplify Crypto Withdrawals

February 26, 2020  /  by Crypto.IQ
Coinbase has integrated the Ethereum Name Service (ENS) in order to simplify crypto withdrawals. The ENS is a decentralized alternative to the DNS, and allows people to register domain names that have the .eth extension. Coinbase users can purchase an ENS domain name in the Coinbase Wallet’s dApp browser. Once the domain name is purchased,… Read more

UK Based Crypto Bank Revolut Raises $500 Million

February 26, 2020  /  by Crypto.IQ
The United Kingdom based digital bank Revolut has raised $500 million, increasing its valuation to $5.5 billion. Since 2017 Revolut has allowed users to complete transactions with Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Ripple (XRP), in addition to regular fiat currencies. Revolut has over 10 million users, and saw its userbase grow by over… Read more

Steemit Inc. Bought Out By Justin Sun and the Tron Foundation, Soft Fork Takes Away Steemit Inc’s Blockchain Voting Rights Amid Community Controversy

February 26, 2020  /  by Zachary Mashiach
On February 14 Steemit Co-Founder Ned Scott announced that he had sold Steemit Inc. to Justin Sun and the Tron Foundation for an undisclosed sum of money. Since then the Steemit community has been mired in controversy and outrage, and a soft fork has just taken place to prevent the Tron Foundation from having access… Read more

WikiLeaks Has Received A Total Of 4,055 Bitcoins From Donations

February 25, 2020  /  by Crypto.IQ
Since WikiLeaks began accepting Bitcoin (BTC) in 2010 it has received a total of 4,055 Bitcoins (BTC) split between two different wallets. The original wallet received 4,043 Bitcoins (BTC), and only recently a new multi-signature wallet became the official WikiLeaks donation wallet and it has already received over 12 Bitcoins (BTC). In total the 4,055… Read more

Lightning Dead Man’s Switch Can Be Used to Pass on Bitcoin after Death

February 25, 2020  /  by Crypto.IQ
Bitcoin (BTC) is so decentralized that if someone dies then their Bitcoin (BTC) could be lost forever, unless proper measures are taken to pass the Bitcoin (BTC) on to their inheritors. A decentralized way of sending Bitcoin (BTC) after death is a dead man’s switch which uses the Lightning Network. Lightning Labs infrastructure engineer Joost… Read more

Economic Indicators Point Towards Global Recession As Coronavirus Break Out In Iran, South Korea, and Italy; Will Bitcoin Continue To Be Used As A Safe Haven Asset?

February 25, 2020  /  by Zachary Mashiach
We’ve talked about how the Coronavirus will likely have a major impact on financial markets, including Bitcoin (BTC), largely due to the Chinese economy slowing to a crawl. Since then, the Coronavirus has broken out in multiple other countries, and a slate of economic indicators suggest that a global recession may be developing. Will Bitcoin (BTC)… Read more

EOS Network Experiencing Micro-Forks, Coinbase Disables Withdrawals

February 24, 2020  /  by Crypto.IQ
The EOS network is apparently experiencing persistent micro-forks, which is causing transactions and blocks to be missed. Coinbase disabled EOS withdrawals on February 21, saying that the EOS network is experiencing degraded performance levels. The issue has apparently continued for the past several days, and EOS withdrawals remain disabled on Coinbase. EOS block producer EOS… Read more

The Latest Simpsons Episode Is All About Cryptocurrency but Ends With All Cryptocurrencies Being Destroyed

February 24, 2020  /  by Crypto.IQ
The latest episode of the Simpsons is titled ‘Frinkcoin,’ and it is all about cryptocurrency and blockchain. The episode starts with Lisa having to do a paper on the most interesting person of the year, and she chooses Professor Frink. When she interviews Professor Frink he declares that he will become famous because he is… Read more
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