Venmo quietly announced changes to their popular free money transfer service over the new year. These changes come into effect on January 24, 2018 and could also come to affect your completely unconnected PayPal account.
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Must-reads for October 29, 2018: Bitcoin might be a threat to democracy but may be replaced and no one cares anyway
These are the crypto stories you should be following today
Is Bitcoin Secretly Messing with the Midterms? (Politico) According to Betteridge’s Law, “Any headline that ends in a question mark can be answered by the word no.” This is no exception. Bitcoin seems indestructible but is another cryptocurrency about to take its place? (The Independent) According to Betteridge’s Law, “Any headline that ends in a question mark can be answered by the word no.” This is no exception. Bitcoin Can Boast Incredible Stability, But Interest Also Hits a Low (Today) Bitcoin’s low volatility is coinciding with a drop in Google searches for the term “Bitcoin” (it’s at its lowest since May 2017). Does that explain everything? Probably not,…
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Must-reads for September 26, 2018: Bitmain’s IPO filings, Dimon does blockchain, and other fun reads
Here are the crypto stories you should be watching today
The World’s Biggest Crypto Company Just Opened the Books for Its IPO (Bloomberg) If the word “Bitmain” isn’t aready synonymous in your head with “Bitcoin,” it’s time that it is. The China-based company makes the bulk of the ASIC mining machines that mine Bitcoin and other cryptocurrencies. And mining groups controlled by Bitmain oftentimes control more than half of all of Bitcoin’s network hashrate. It turns out mining all that crypto is equivalent to mining fiat. Bitmain, which on Wednesday filed to go public in Hong Kong, had a $742.7 million profit on $2.8 billion in revenue in the first half of 2018. Its return on equity is close to…
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Must-reads for September 17, 2018: Tracking people through crypto, gold bashing, Goldman Sachs, and bragging wrongs
Here are the crypto stories you should be watching today
How bitcoin helped track down suspects in the Russia investigation (Vice) By now we know that with just a little bit of data, you can get a whole lot of info on someone through Bitcoin’s blockchain. This Vice video shows one of the ways Robert Mueller’s team did it. Goldman Sachs, Morgan Stanley, Citigroup and NYSE Owner Prepare to Back Bitcoin and Cryptocurrency (Daily HODL) Nothing profound here but just a quick roundup of what some of the larger institutions are doing Bitcoin-related on Wall Street. Bitcoin in Switzerland (CoinTelegraph) A fun 10-minute video of how into bitcoin the Swiss are. Well, at least some of them. Anyway,…
