Plattsburgh, New York is banning additional Bitcoin mining operations for the next 18 months. MT.Gox sell-off effects denied by Trustee Kobayashi. U.S. District Court and the Federal Trade Commission move against cryptocurrency scammers in Florida. Twitter will be banning certain types of ads relating to cryptocurrency investing and ICOs. The US Congress 2018 Joint Economic Report praises Cryptocurrency and Blockchain technology. U.S. President Donald Trump signed an executive order barring U.S. citizens from taking part in the Venezuelan Petro scheme.
In this episode Darren and JJ discuss the anti-money laundering boogieman at the G20 summit. Circle rolls out a trading app just one week after buying Poloniex. Google is set to ban crypto ads as of June 1st. Last Week Tonight with John Oliver talks about crypto and does pretty well.
Ledger has a new wallet firmware with a mandatory update. The Pineapple fund is donating millions of Bitcoin to charities! Senators in the U.S. state of Georgia submitted a bill to allow taxes and license fees paid in crypto. Shapeshift is batching Bitcoin transactions to save on network congestion. We discuss the NEO blockchain and how the hype may be misplaced. JJ interviews ODEM in the first NeoCash Newsmakers.
ICO and token sales suffer nearly the same failure rate as most business start-ups. Dutch RaboBank is looking at creating a cryptocurrency wallet. Poloniex is acquired by Circle. JP Morgan and Bank of America admit that cryptocurrency is very competitive. Germany won’t tax bitcoin when used as a payment. US Department of Justice is making a boogieman out of crypto money laundering. Bitcoin SegWit has seen an increase in segwit adoption up to 30%.
Welcome to NeoCash NewsCast number 004 bringing you the latest cryptocurrency news from around the world wide web. Please be sure to click the subscribe button and be one of the first to receive cutting-edge news.
The Central Bank of Poland has admitted to paying for a campaign of social media propaganda. In one case a prominent polish YouTuber was paid $30,000 to make videos claiming to have lost money on crypto. The Central Bank of Poland working with the Polish Financial Supervision Authority has no problem using fraud to dissuade people from looking into it.
This isn’t new by any stretch and it can be quite outlandish. CNBC wants you to believe that 1 or 2 people mining Bitcoin in North Korea means that you could potentially be supporting Kim Jong Un’s regime by trading Bitcoin.
This is how you take a fact and turn it into propaganda. After that shocking intro, we get to one of the only facts of the story. More than one IP address was used to mine Bitcoin in North Korea.
At this point the video delves into pure speculation and boogieman tactics. The final nail is a guilt trip fit for social media manipulation. Thanks for the rubbish CNBC!
More recently Venezuela has been attacking Bitcoin on state run TV. The standard lot of villains are bandied about, terrorism, money laundering, drugs and tax evasion. Now evading the exchange controls is added to the list demons perpetrated by the Bitcoin.
“It was recently reported that many people have begun using Bitcoin, as an alternative to evade policies on foreign exchange by the Bolivarian Government to ensure proper development of the economy.”
South Korea is looking at licensing crypto exchanges. Salon readers may opt into allowing the site to use some cpu power for mining Monero rather than seeing ads. Small European banks look to seize cryptocurrency opportunities to compete with the bigger banks. We look a list of blockchain predictions for 2018 and give our thoughts.
Welcome to NeoCash NewsCast number 003 bringing you the latest cryptocurrency news from around the world wide web. Please be sure to click the subscribe button and be one of the first to receive cutting-edge news.
NeoCash Radio and the NeoCash Radio logo has been used to perpetuate a scam! There is a google doc, weak sauce, that purports to offer the sale of NCR or NeoCash Radio tokens. This google doc has no affiliation with NeoCash Radio and is a scam. Please do not send ether to this contract address.
There appear to be a bunch of transactions sent to the contract address. I would like to think that anyone who actually listens to the show would know this is a scam from the onset. We would have promoted it in our podcast at least once.
This highlights one potential issue with the current breed of investors/gamblers: they don’t do much research. If a bad actor was going to fleece the crypto newbies, now is a good time for it. Please be ever vigilant and research what you are sending crypto to. Also be sure to check out the destination address on etherscan or another prominent block explorer. Continue reading BitGrail Insolvent After 17 Million XRB Theft, China Bitcoin FUD Fakeout→
Bitfinex and Tether receive subpoenas from the U.S. Commodity Futures Trading Commission. Facebook’s new ads policy forbids options and crypto trading hype. Blockchains, LLC buys up more than 67,000 acres in a Nevada industrial park. Japanese chat app LINE to open crypto exchange for 200 Million monthly users. OpenBazaar 2.1 integrates Bitcoin Cash and Zcash payment options. BitPay upgrades website plug-ins to help merchants accept Bitcoin Cash. Coincheck suffers a massive hack that sees more than $500 Million in tokens disappear. The SEC steps in on a Texas-based scam ICO. We are moving to video so please let us know how we can do better!