Blockchain and Cryptocurrency: People, Culture and Tech
According to peer-to-peer cryptocurrency exchange Paxful, new users grew 365% from May to May, with revenues up 350%. That hasn’t been hampered by the pandemic, with second quarter revenues up an average of 42% per month and July set to surpass that. At the same time cybersecurity provider Qrator Labs reported a spike in new cryptocurrency scams in Russia.
On April 23, the tech giant announced a massive new advertiser identity verification campaign, built along the lines of the political ad verification policy it rolled out in 2018 after getting hammered for allowing foreign powers to influence the presidential election.
A Canadian Bitcoin YouTuber turned the tables on a scammer this week, convincing a con artist—who promised to double bitcoin investments in 24 hours—to send him $50 worth of the cryptocurrency. He promptly passed it along to Bitcoin Venezuela, a charity providing food in the suffering country.
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,…
