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Photographer’s Payment Debacle Brings Bitcoin’s Anti-Censorship Into Focus

Source Node: https://insidebitcoins.com/news/photographers-payment-debacle-brings-bitcoins-anti-censorship-into-focus/256711
Time Stamp: April 6, 2020 5:08 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Censorship has always been one of the biggest problems, and circumventing; it has been one of Bitcoin’s most significant alluring properties. The latest in such occurrences is that of Ben Taylor, a photographer who was recently banned for life from Western Union as a result of his activities in Africa.“No Explanations. Just Leave” In a recent YouTube video, the photographer, better known as Pleasant Green, explained that he established a photography business in Africa as a means of doing some charity work. The business is based in Liberia, and he’s been wiring money

Charities Are Turning to Bitcoin Amid the Global Fight Against Coronavirus

Source Node: https://cointelegraph.com/news/charities-are-turning-to-bitcoin-amid-the-global-fight-against-coronavirus
Time Stamp: April 6, 2020 2:41 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In the war against the novel coronavirus, cryptocurrencies are emerging as a much-needed tool for charity and fundraising projects. Already there are a number of large nonprofits accepting Bitcoin donations. Plus, some blockchain and crypto firms are contributing medical supplies to hospitals in an attempt to curb the virus, while others are setting up fundraisers and charities that are aimed at helping its victims.As a number of nonprofits continue to accept cryptocurrency donations, they are starting to realize that crypto transactions significantly reduce costs in terms of fees. Here are

PlanB: Bitcoin Needs Only $200M Monthly to Stay Above $7k Level After Halving

Source Node: https://coinfomania.com/bitcoin-needs-only-200m-monthly-to-stay-above-7k/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-needs-only-200m-monthly-to-stay-above-7k
Time Stamp: April 6, 2020 9:43 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

100trillionusd, the anonymous creator of the Bitcoin stock-to-flow model has provided new evidence to support the popular opinion that the price of Bitcoin will surge in the months after its historic third halving that is now less than three weeks away. The latest research puts into perspective the amount of cash inflow that Bitcoin has needed to stay above the $7000 level since October 2017, the reward paid out to miners for verifying a block of transactions, and the total number of transactions added to the Bitcoin blockchain monthly. To

Blockin Launches Bitcoin Explorer With Detailed Fee Guidance

Source Node: https://cointelegraph.com/news/blockin-launches-bitcoin-explorer-with-detailed-fee-guidance
Time Stamp: April 6, 2020 8:36 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Blockin, the parent company of one of popular Bitcoin (BTC) mining pools, Poolin, is launching a new block explorer on April 6. The explorer includes mempool statistics that would help users decide the correct fee to send their BTC payment.Blockin’s explorer provides many of the standard features shared with competing offerings, like block data, transaction information and statistics on network hashrate and pool distribution. It adds to an already large suite of tools for miners to calculate profit or compare ASIC devices.The company says that its explorer will also be

38% of Enterprises Plan to Adopt Blockchain Solutions in 2020

Source Node: https://insidebitcoins.com/news/38-of-enterprises-plan-to-adopt-blockchain-solutions-in-2020/256656
Time Stamp: April 6, 2020 6:47 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

With blockchain solutions growing in popularity, the number of enterprises planning to adopt the technology in 2020 is set to increase. Data gathered by InsideBitcoins.com indicates that 38% of entities will integrate blockchain solutions into their operations this year.From the data, 15% of the enterprise will heavily adopt blockchain solutions while 23% will have moderate adoption to manage different operations. Organizations are also planning to adopt technologies like the Public cloud. About 79% of enterprises are planning to have heavy or moderate adoption of technology.Elsewhere, Artificial intelligence (AI)/and machine learning

Revised Crypto Laws in Japan to be Enforced Starting May 1

Source Node: https://cointelegraph.com/news/revised-crypto-laws-in-japan-to-be-enforced-starting-may-1
Time Stamp: April 6, 2020 12:39 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

New laws for regulating cryptocurrencies in Japan will start to be enforced next month.The Payment Services Act (PSA) and Financial Instruments and Exchange Act (FIEA), two of the pieces of legislation passed by the Japanese House of Representatives last year to regulate crypto, were scheduled to come into effect starting in April. However, with unexpected delays, no enforcement date had officially been set until last week.In the April 3 edition of an official government newsletter, it was announced that the revised versions of the PSA and FIEA would be enforced

Adult Entertainment Supported by Crypto Shoppers During Quarantine

Source Node: https://cointelegraph.com/news/adult-entertainment-supported-by-crypto-shoppers-during-quarantine
Time Stamp: April 5, 2020 8:46 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

While many crypto holders around the world are practicing self-quarantine and other measures to limit social contact, some are turning to the adult industry for comfort. Speaking to Cointelegraph, cryptocurrency payment processor CoinGate reported an increase in purchases from adult stores in March over activity in February. Sites like ManyVids and LiveJasmin had 17% and 8% increases in cart sizes, respectively. Other adult stores reported a 36% increase in turnover. Most of these merchants are based in Europe, where measures are in place to limit people from leaving their homes and many

FATF Grades U.S. Government on Crypto Regulation Enforcement 

Source Node: https://insidebitcoins.com/news/fatf-grades-u-s-government-on-crypto-regulation-enforcement/256607
Time Stamp: April 5, 2020 12:32 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Financial Action Task Force, one of the most prominent Anti-Money Laundering (AML) enforcers in the world, has called out the United States government for being lax on policy enforcement. On March 31, the body published a report in which it explained that the United States is only “largely compliant” with its AML and Counter-Terrorist Financing (CTF) regulations – especially when it comes to the issue of virtual currencies. Higher Awareness is Good, but Loophole Still Exist In the report, the FATF outlined the United States’ degree of compliance with the recommendations it issued last

The crypto lending industry — a ticking time bomb, rather than a shortcut to mainstream adoption

Source Node: https://medium.com/@viktortachev/the-crypto-lending-industry-a-ticking-time-bomb-rather-than-a-shortcut-to-mainstream-adoption-ec1fafec525a?source=rss-------8-----------------cryptocurrency
Time Stamp: April 5, 2020 9:39 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In his book “Extraordinary Popular Delusions and the Madness of Crowds”, Charles Mackay says that men think in herds and go mad in herds, while they only recover their senses slowly, and one by one. That was written in 1841. Today, it is even more relevant.The most illustrious collective obsession in the past decade is cryptocurrencies. For the last couple of years, we witnessed industry-specific shocks with varying implications, be it exchange hacks, scam schemes, or else. Although covered in controversies, in the long-term, the rise of cryptocurrencies should be