Blinking Blank: Homecoming
The past few months, I look back over the shoulder. Been numb. Lost a sense of day and night. Back to my rat hole gym. The stink is nostalgic. The rusted iron plates. The welded dumbells. My things abandoned in a dark corner. So many fancy gyms, people migrate! They...
Stopping by Woods on a Snowy Evening
Please note that this poem is written by Robert Frost not me. You might see "by Muhammad Arooj" above, it is due to the website's setting and I'm posting this from mobile. Please excuse my laziness and mobility. This is one of my favourite English language poems, so...
Field Notes: A misc of madness
What’s the world made up of? There’s something that makes the world one. There’s naïveté in the people. People like to be comfortable. They work hard to be comfortable. To create a sense of frivolous safety. Their comfort zone. In order to do that you have to leave...
Op Ed: A Summary of NYAG vs. Bitfinex/Tether
In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to...
Coinbase CEO Teases Launch of Debit Card in the U.S.
Coinbase CEO Brian Armstrong has announced that the company is working on introducing its debit card to customers in the U.S.Armstrong’s announcement came in a live AMA session on YouTube on May 16, 2019, during which he fielded questions and touched on various topics...
Smell Something Fishy? The CFTC Will Pay You to Report Crypto Scams
Nestled in the exhibition room at this year’s Consensus conference, the U.S. Commodity Futures Trading Commission (CFTC) had a message for conference goers as they weaved in and out of booths representing various projects and startups in the space: “Be on the lookout...
Minnesota Representative to Reintroduce Hard Fork Tax Reform Bill
Minnesota Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance.”Representative Emmer...
Blockstream Releases First Enterprise-Grade Product on Liquid
Security tokens are coming to Bitcoin, courtesy of Blockstream.The Bitcoin and blockchain technology company announced on May 15, 2019, the final day of the Consensus 2019 conference, that Liquid Securities, a platform for issuing and managing security tokens on its...
Tether and Bitfinex Ask New York Attorney General for Fund Accessibility
Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG).In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent...
BitGo Announces New Settlement System for Institutional Clients
Blockchain security company BitGo is launching a new service for institutional clients: a clearing and settlements system that operates off-chain.BitGo announced this new service in a press release on May 14, 2019, describing some of the features that this new system...
Grayscale Reports $3.2 Million Average Weekly Investments in Bitcoin Trust
The first quarter of 2019 was bullish for the digital asset management firm Grayscale Investments and the company is gearing up to have another run.According to a first quarter “Digital Asset Investment Report” from the company, published on May 13, 2019, product...
Bitcoin Breaks $8,000: Four Factors Behind the Rally
This article was originally published by 8btc and written by Lylian Teng.The bitcoin price has broken $8,000 for the first time since July 2018, with most cryptocurrencies trading in the green. The rally has sent “bitcoin” to the top of the Baidu hot searches (China’s...
Cartoon: Obstacle Course
For the crypto industry, attracting the next 100 million consumers to start using tokens as currency is going to require simpler access methods. The current process of exchanging a fiat currency (e.g., USD) to any cryptocurrency (e.g., bitcoin), is a multi-step...
Following Hack, Binance Plans System Upgrade
Popular cryptocurrency exchange Binance will be conducting a system upgrade on May 15, 2019, in the wake of a $40 million hack.Per an announcement that was published on the exchange’s blog, the scheduled system update will affect all transactions on the platform for...
Bitcoin Price Analysis: Where Is the Local Top for This Parabolic Run?
Summary:The bitcoin market has gone parabolic as we blasted off through two major weekly levels. The resistance got crushed due to a high amount of short positions that were force liquidated in an event known as a “short squeeze.”We are currently testing the $8,000...
Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges
It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that.On February 22, 2019, the intergovernmental Financial Action Task Force on Money Laundering (FATF)...
Flexa Enables BTC Payments at Popular Brick-and-Mortar Stores
Payment platform Flexa has announced the launch of SPEDN, an app that allows users to make purchases with cryptocurrencies at a variety of brick-and-mortar stores. The app works by generating QR codes at checkout registers, which then debit users’ wallets on the app...
eBay Teases Crypto Expansion
Popular e-commerce provider eBay has released promotional materials suggesting that its is ready to accept “virtual currencies” and offer “digital collectibles.”The ads have appeared at Consensus 2019, a cryptocurrency and blockchain summit taking place this week in...