Bitcoin SV [BSV] freefalls in excess of 20% as Binance, Shapeshift and possibly Kraken delist coin
April 16, 2019 1:50 AM Calvin Ayre floats ?Bitcoin SV based Exchange? as Binance alternative following delisting Ethereum co-founder?s Consensys seeks massive investment from external sources after significant layoffs Bitcoin SV freefalls in excess of 20% as Binance, Shapeshift and possibly Kraken delist coin USDT premium was caused by USD inflow and not Tether Inflation, claims Chinese Bitcoin Billionaire Ethereum and XRP gain over-the-counter trading support from Coincheck EOS governing document gets revamp as block producers settle referendum gridlock Bitcoin scalability solution cannot be solved entirely, says Andreas Antonopoulos
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Erik Voorhees: "Soooo @ShapeShift_io just tried to order 18 pizzas for lunch via Bitcoin Lightning network with @LN_Pizza and max apparently is two pizzas ='( Perhaps we should measure layer two scaling in pepperoni's per second (PPS) "
March 20, 2019 3:47 PM Visit Twitter for Tweet content.
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Ethos & ShapeShift Partner to Bring Token Swaps to Mobile Wallet App
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Dave Rubin Ditches Patreon over Freedom of Speech and Shifts to Crypto
January 16, 2019 7:14 PM Dave Rubin, the host, and founder of the Rubin Report, who currently has almost 1 million subscribers on Youtube, left Patreon and began to develop an alternative payments solution. Recently, he shared his Bitcoin address in a statement saying that recent censorships affecting Patreon are the reasons why he chose to leave the brand. He said that the move was inspired by the fact that crypto and decentralization will play a significant role in the shaping of the future global financial systems. This is why @jordanbpeterson and I are leaving Patreon and working on an alternative. It?s becoming clearer and clearer to me that crypto and decentralization will have to play a significant role. https://t.co/N7tcPuHUwO
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TRON Foundation Announces Partnership with Shift Markets | Business Wire
January 16, 2019 2:54 PM Blockchain Leader to Offer TRX Trading in All Currencies NEW YORK--(BUSINESS WIRE)--International blockchain foundation TRON announced today a deal with Shift Markets to bring TRX trading into the currency markets, the largest market in the world. TRX is now being offered on nine brokers in nine different countries, and growing. The first UK regulated exchange to offer TRX will begin trading in coming weeks. Additionally, JM Financial, a leading regulated FX broker in India, will be the first in the region to offer TRX next week. "We are excited to bridge the gap between the FX and crypto markets with a popular and exciting project like TRON,? said Ian McAfee, CEO of Shift Markets. ?The demand from FX has been enormous, and we anticipate more and more crossover between the two markets.?
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ShapeShift is Not Selling KeepKey
January 16, 2019 11:59 AM In spite of the fact that Switzerland based crypto exchange ShapeShift has so far let go 33% of its staff and declared fundamental changes to the organization structure, they don?t wish to let go any of their present subsidiaries as of now, Emily Coleman of ShapeShift said. She further said that the company would be introducing a new version of ShapeShift in the spring and KeepKey will be profoundly associated with this product. The company would continue with all the present offerings; they would just merge and restructure the offerings. Executives of ShapeShift denied commenting any further on the matter.
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From Utility to Security - Shift in progress
January 16, 2019 4:28 AM The words ?utility token? and ?security token? should ring a bell to everyone in the Blockchain community. Beyond completely misunderstood, they are polarizing in a nearly religious fashion. For this reason, we figured that we ought to drill deep into the details of the subject and give our readers a full-scale comprehensive study. Let?s dive in, but how about some psychology to begin with? There is a common consensus that psychopaths are individuals with damaged amygdales. There is also a problem with common consensus or ? to use the psychology term ? collective psych. They blur the boundaries between the factual and the mythical. So, are we dealing with a fact or a myth? Because for a long time, I believed that Napoleon was ugly short ? which motivated his domineering behavior. I also presumed that the Great Wall of China is visible from space. Well, the first is a derogatory social stereotype. The second is a space myth.
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Political Revolution and the Blockchain: A Tale of Two Paradigm Shifts - Hackernoon
January 15, 2019 6:00 AM It is the best of times, it is the worst of times, it is the age of Wikipedia, it is the age of memes, it is the epoch of free speech, it is the epoch of murdered journalists, it is the season of grassroots campaigns, it is the season of dark money politics, it is the spring of artificial intelligence, it is the winter of climate change, we have everything before us, we have nothing before us???in short, the present period in its collision of technology, global society, and communication is beyond a superlative degree of comparison to any other. The past ten years has seen internet access grow by nearly three billion people, from around 20% of the global population to over 50%, improving literacy, access to information, and introducing the ability to instantaneously communicate on a global scale.
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Sideshift App Demonstrates a Trade Between Lightning Network BTC and Tether
January 13, 2019 2:08 AM Back in October news.Bitcoin.com reported on the influx of development tied to Drivechain, a project initiated by software developer Paul Sztorc. At the time we also covered the project?s extension applications coded by the programmer Andreas Brekken. One of those applications Brekken conceived allowed any Drivenet coins to be swapped between any blockchain protocol. On Friday, an application called Sideshift.ai was used to demonstrate a bitcoin core (BTC) to tether (USDT) swap using the Lightning Network. Also Read: A Look at Some of the ?Next Generation? Bitcoin Mining Rigs Available Today Jan. 11 saw a demonstration of Sideshift.ai, an application that allows users to swap cryptocurrencies between chains. Sideshift was first revealed last year by Andreas Brekken among the suite of applications he created for the Drivechain project. Brekken is the chief executive officer of the review site Shitcoin.com and the infamous coder who once held the most BTC ($220,000) on the Lightning Network last year. The Sideshift platform allows people to convert coins for a small fee with a processing time of under five seconds.
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After Crypto Giants Bitmain & ShapeShift Cut Staff, So Does Blockfolio
January 13, 2019 1:10 AM -Bitcoin news, price, information & analysis Although 2019 has dawned, the crypto ?nuclear winter? of yesteryear has yet to entirely abate. Just weeks after Bitmain, ConsenSys, ShapeShift, Huobi, among other Bitcoin-related startups, cut a number of their staff, Blockfolio, which manages one of the most used applications in the industry, also had to wave goodbye to talent. In October, Edward Moncada, the chief executive at crypto services provider Blockfolio, took to his company?s Medium to reveal that a number of financiers sent $11.5 million his way. This funding round, a Series A, saw Danhua, Pantera Capital, BitMEX, Huobi, a number of other venture groups/consortiums contribute.
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The Daily: Bitpay Adds Multi-Crypto Settlements, Shapeshift Downsizes
January 09, 2019 5:30 PM In Wednesday?s edition of The Daily we cover a new feature that will allow Bitpay merchants to automatically diversify their settlements, a downsizing at Shapeshift that will see its team cut by a third, a show of commitment to the crypto industry by the government of Malta, and a new offering of BCH margin trading. Also Read: FBI Agents Raid Tech Campus Over Unauthorized Crypto Trading Popular cryptocurrency payment processor Bitpay has introduced support for multi-coin settlements. The service added support for three stablecoins during 2018 (GUSD, USDC, and PAX), in addition to bitcoin cash BCH and BTC. The new feature means that merchants can now receive their Bitpay settlements in up to five of these cryptocurrencies all at once, in addition to their supported local fiat currency.
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Emerging shift to a crypto-powered gold standard
January 09, 2019 3:54 PM All currencies used to be backed by the value of gold ? the Gold Standard. Then, economic mechanisms developed over time to a point where a handful of people had the means to conjure trillions of dollars, euro, renminbi, and pounds out of thin air. For example, in the 1971, brutal Ugandan dictator Idi Amin raised military spending by 500%, which spiked inflation 700%. When an ex-finance minister warned that Uganda was headed towards bankruptcy because of bloated military spending, Amins answer was ?Print more money.? Fiat trickery was openly flaunted in the 1970s by Ugandan strongman Idi Amin Amin doubled the money supply between 1976 and 1978. On the ground, gasoline cost $39 per gallon and sugar $5 a pound, with the monthly minimum wage set at $30. What was once the dastardly action of a brutal African dictator is now mainstream.
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Crypto exchange ShapeShift lay off 37 staff amid bear market - Coin Rivet
January 09, 2019 3:13 PM The cryptocurrency bear market has taken another set of victims, with 37 members of staff at crypto exchange ShapeShift being let go due to market conditions. ShapeShift CEO Erik Voorhees issued an update in a Medium post, writing: ?Today, we let 37 employees go, reducing the size of our team by a third. It?s a deep and painful reduction, mirrored across many crypto companies in this latest bear market cycle.? The bear market has affected numerous cryptocurrency start-ups during the last 12 months. Ethereum?s production studio ConsenSys laid off 13% of their staff in December, while Steemit reduced their payroll by 70% in a ?structural reorganisation.?
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Shapeshift Admits 'Imposition of KYC'd Accounts' Hurt Company Financially
January 09, 2019 1:17 PM Reading: Shapeshift Admits ?Imposition of KYC?d Accounts? Hurt Company... Georgi Georgiev | Jan 09, 2019 | 05:00 Georgi Georgiev | Jan 09, 2019 | 05:00 The instant digital asset exchange platform ShapeShift has laid off one-third of its team because of the ?dramatic and severe? crypto recession as well as being cautious in ?a challenging regulatory environment.? In a detailed announcement, the company?s CEO, Erik Voorhees, revealed ?with a heavy heart? that the company has let 37 of its employees go or one-third of its team. Voorhees: Today, we let 37 employees go, reducing the size of our team by a third. It?s a deep and painful reduction, mirrored across many crypto companies in this latest bear market cycle.
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Swiss Crypto Exchange ShapeShift Lays Off a Third of Its Team
January 09, 2019 2:51 AM Switzerland-based crypto exchange ShapeShift has laid off 37 of its employees, reducing the size of its team by a third. Swiss crypto exchange ShapeShift has laid off 37 of its employees, citing the ?latest bear market cycle? Switzerland-based cryptocurrency exchange ShapeShift has laid off a third of its team, the exchange?s CEO Erik Voorhees announced in a tweet today, Jan. 8. According to a company blog post accompanying the Twitter announcement ? entitled ?Overcoming ShapeShift?s Crypto Winter and the Path Ahead? ? ShapeShift has laid off 37 of its employees, reducing the size of its team by a third.
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Overcoming ShapeShift's Crypto Winter and the Path Ahead | A note from Erik Voorhees, Founder & CEO
January 09, 2019 1:46 AM A note from Erik Voorhees, Founder & CEO The latest crypto winter is upon us, and today ShapeShift felt the bitter frost. Today, we let 37 employees go, reducing the size of our team by a third. It?s a deep and painful reduction, mirrored across many crypto companies in this latest bear market cycle. Crypto, like the moon we strive toward, is a harsh mistress. We ride high and fast during the ascents, growing at rates unseen almost anywhere else in the business world (ShapeShift grew 3,000% in 2017). And when the markets turn, the crypto recession is similarly dramatic and severe. None of it surprises those who have been through these cycles. But even with that experience, navigating these tumultuous seas is a continual lesson in humility.
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ShapeShift Lays Off 37 in Latest Round of Crypto Industry Cutbacks
January 09, 2019 12:48 AM Crypto exchange ShapeShift has announced a round of layoffs, citing a range of difficulties including a tough market climate. In a blog post published Tuesday, CEO Erik Voorhees wrote that the startup had laid off 37 employees, or a third of its staff. He described the process as ?a deep and painful reduction, mirrored across many crypto companies in this latest bear market cycle.? As Voorhees noted, ShapeShift isn?t the only crypto startup to move to trim its workforce in recent weeks. As CoinDesk previously reported, ethereum production studio ConsenSys announced a 13 percent staff cut in early December. More recently, chat startup Status and bitcoin mining giant Bitmain confirmed that they were cutting staffers.
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Coinbase and ShapeShift Help Strengthen ETC
January 08, 2019 9:36 PM Two more major cryptocurrency exchanges, Coinbase and ShapeShift, have announced their new options that may strengthen Ethereum Classic?s (ETC) position on the cryptocurrency market and increase its price Previously, Coinbase reported that it has no plans to support ETC trading, however, users expressed their rising interest in recovering ETC. And finally, on August 4, Coinbase announced their plans to add ETC credits available to send off-platform soon. ?It is important to us that our customers trust Coinbase to safeguard digital currency assets. Therefore Coinbase customers will be credited the full amount of ETC associated with their account. We are working as swiftly as possible to create a simple process which will allow users to send an ETC credit to an off-platform ETC address of your choosing,? reported Coinbase on its blog.
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Coinbase, Poloniex, to Distribute Bitcoin Cash, Shapeshift Adds BCC/BCH
January 08, 2019 8:38 PM Coinbase has stated they will distribute Bitcoin Cash to all their customers who held bitcoin on August 1st, but they won?t do so until January the 1st 2018. Coinbase says: ?Over the last several days, we?ve examined all of the relevant issues and have decided to work on adding support for bitcoin cash for Coinbase customers. We made this decision based on factors such as the security of the network, customer demand, trading volumes, and regulatory considerations.? It?s not clear why the process will take five months. Coinbase?s distribution of ETC took place in a much shorter time. However, they did not list ETC while there are hints they may list BCC/BCH.
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