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Bitcoin is Not Criminal Money and the Numbers from the DEA Show it
Throughout the past decade, a common narrative against Bitcoin from both regulators and many financial institutions has been the supposed utilization of the dominant cryptocurrency by crime syndicates to launder money. However, with tightening Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations on both crypto exchanges and ATMs, it has become increasingly difficult to settle criminal proceeds using Bitcoin. A report from Bloomberg in late 2018 disclosed that relative to legal activity, the involvement of Bitcoin in criminal operations or money laundering has declined substantially.

How Coins.ph Became Largest Crypto Exchange in Southeast Asia: $92M Acquisition, 5M Users
Earlier this month, Go-Jek, the largest ride-hailing company in Indonesia, acquired Southeast Asia's largest crypto exchange Coins.ph for an undisclosed amount. According to a TechCrunch report, the company was sold for around $72 million but other sources have claimed that the deal was valued at $92 million. Coins.ph, which had more than five million users as of May 2018, is the most widely utilized platform in the Philippines, Thailand, and Malaysia for cryptocurrency trading and remittance services. The company first penetrated into the Philippines market in 2014 when LocalBitcoins and BuyBitcoin.ph were the only two Bitcoin liquidity providers in the country.

Everything you need to know about Cardano (ADA) in a simple guide
Cardano is a third generation decentralized blockchain system that utilizes smart contracts.  It differs from most other projects in that its development is grounded in scientific and peer review.  The overall aim of the project is to build a scalable, interoperable, and sustainable blockchain system. Cardano is an exciting project due to its focus on solving major issues within the blockchain space.  Similar to Ethereum, Cardano offers smart contracts. However, its architecture will allow for scalability from the outset. Three organizations perform the upkeep of Cardano: The creation of Bitcoin was driven by the need for decentralization, through it, people can transfer value without the need for a middleman.  But first-generation blockchains are limited, in that, conditions cannot be added onto transactions.

The Thai government attempts to hack into ZCoin founder's email account
The founder of ZCoin platform, Poramin Insom, has shared that the Google alert system has notified him of an attempt by Thai government to hack his e-mail box. On Friday, Poramin Insom wrote in a Facebook post sharing with his followers that a special Google service had notified him about an attempt of Thai government-backed hackers to get at his e-mail box. He also wrote that this may have been a reaction of the Thai authorities to Insom's participation in the recent government's failure to control the actions of local dissidents. Take a look at the Facebook posting in the picture below: Quite similar to China, censorship within Thailand is strong, the dissatisfied are prosecuted almost immediately. Last year, a local rap band dubbed Rap Against Dictatorship made a same-name single that heavily criticized the Thai government: corruptions among its members, censorship, and other aspects of its ruling. The video quickly became viral on YouTube, getting over 30 mln views in less than a month.

What is 51% Attack in Cryptocurrency A simple to understand guide - CryptoMeNow
Over the past few days, news has filtered out regarding a 51% attack on Ethereum Classic (ETC).  Scammers managed to manipulate a security flaw inherent in all Proof of Work (PoW) coins.  Let's discuss how this happened, and what it means as far as your investment decisions are concerned. ETC is the 18th largest cryptocurrency in terms of market cap, and one of the largest PoW currencies out there, with notable backers in Digital Currency Group (DCG) and IOHK.  Even so, regardless of these credentials, ETC, like all PoW currencies, fell foul to a 51% attack due to inherent flaws in the PoW mining process. 

Huobi adds another banking veteran to their team as Chief Compliance Officer - CryptoMeNow
Huobi, of the top-five largest crypto exchanges in the world, announced recently that the company is bringing on another banking veteran to join their team as the Chief Compliance Office. The role will be filled by Elaine Sun Ye Lin, who had previously headed the compliance department of the State Street bank branch in China. This is yet another case of top bank workers migrating to the cryptocurrency sphere. Huobi believes that in the current conditions when global regulators are taking a closer look at companies in the crypto sphere all over the world, Sun's experience and skills will be valuable for negotiating with various government organizations in the countries where Huobi has its offices. This fact was confirmed by the Huobi Group HR director, Fu Liting.

Authenteq raises $5 Million in funding for their blockchain ID verification platform
Blockchain digital identity startup, Authenteq, raises $5 Million to fund its identity verification solution. Authenteq is a creator of Trolteq, a blockchain identity verification technology, based in Reykjavik and Berlin. The Blockchain technology protects users privacy while verifying their identity without entering any data. Draper Associates led the funding for the Iceland based company, completing the funding rounds in just 2 weeks. Kari Thor Runarsson, CEO of Authenteq, also reveals that the company is preparing for a second round of Series A financing for additional investors shortly. The reason we decided to do two closings is we were introduced to an investor (Capital300) with a startup mindset of getting things done and felt it was a great challenge to try to finish all due diligence and paperwork in two weeks after the term sheet was approved.  It was sort of a field test for us to see if they really were as agile and dynamic as they claimed to be during our discussions. We were honestly surprised how smoothly it went, despite a very thorough due diligence and legal process.

BitMEX Ditches US and Quebec Clients Citing Regulatory Pressure - CryptoMeNow
HongKong based cryptocurrency exchange BitMEX remains on its path of closing accounts of clients based in the US and Quebec, due to increasing regulatory pressures. A notice that can be found on the BitMEx website states that the exchange will take action against those who violate their terms of service. BitMEX reserves the right to immediately close the accounts and to liquidate the open positions of persons determined to have breached our Terms of Service. Anyone who utilizes VPNs to circumvent these restrictions risk having their accounts closed once BitMEX manages to determine their actual location. Even users who are placed under suspicion of living in one of its restricted areas may have their accounts shut down.

Ripple isn't slowing down, adds four more partnerships to its lineup - CryptoMeNow
Over the last few months, Ripple (XRP) has secured several important partnerships. Euro Exim bank is one of the Ripples new partners. As reported yesterday, the bank will be the world's first registered bank to use xRapid for cross-border payments. Speaking to Fortune in an interview, Ripple CEO Brad Garlinghouse said: This is consistent with Ripple's vision of XRP as a fast and inexpensive source of liquidity for cross-border transactions. Instead of banks having to maintain foreign bank accounts, the idea is for them to buy XRP with dollars or euros and rely on local market makers to exchange XRP into local currencies.

A new cryptojacking tactic that involves Wikipedia and downloaded movie files has been discovered - CryptoMeNow
A new method of cryptojacking has been discovered. This new tactic involves using a downloadable movie file as bait, then cryptocurrencies are being mined in the background without you knowing. In addition, the virus also attempts to steal cryptocurrency through Wikipedia donations according to security researcher @0xffff08000?. A few days back we published an article, New research shows that Cryptojacking is responsible for more than 4% of Moneros supply In that article, we briefly went over the process of cryptojacking and how it works. To keep it real short, hackers installs a malware on your computer that secretly mines cryptocurrency.

HSBC Completes $250bn FX Trades Using Blockchain Technology - CryptoMeNow
Banking giant HSBC has recently used blockchain technology in order to settle a $250 billion of foreign exchange trades during 2018. By utilizing their own private blockchain platform known as FX Everywhere, HSBC processed over three million transactions, totaling an estimated amount of 150,000 payments, according to information provided by the Financial Times. As global head of currencies, Richard Bibbey commented that blockchain technology has allowed HSBC too, conduct thousands of foreign exchange transactions within the bank, across multiple balance sheets, in dozens of countries. FX Everywhere uses distributed ledger technology to drastically increase the efficiency of these internal flows.

A quick overview of the current state of Blockchain As A Service (BAAS) - CryptoMeNow
Blockchain as a Service (BaaS) is an offering that allows customers to leverage cloud-based solutions to build, host and use their own blockchain apps, smart contracts and functions on the blockchain while the cloud-based service provider manages all the necessary tasks and activities to keep the infrastructure agile and operational. It's an important concept and plays a big role in the development of future blockchain products. As of today, we're seeing more and more enterprise and Fortune 500 companies building solutions for enterprise-level blockchain. This ranges from consulting companies to Fortune 500 companies like Microsoft.

Crypto Exchanges Invest Massively on Educating Regulators, Will it Work
Both Circle and Gemini, two strictly regulated crypto exchanges and institutional-grade product operators in the U.S., hosted Ask Me Anything (AMA) sessions on Reddit this week. One common theme in both AMA sessions was the focus on tightly working with regulators and educating lawmakers, investing a lot of resources in an attempt to improve the regulatory environment surrounding cryptocurrencies. But, based on the progress the U.S. government has shown in the past several years in regulating cryptocurrencies, have the efforts of major cryptocurrency exchanges in the likes of Gemini, Coinbase, and circle been paying off

The most straight forward guide to Energi ($NRG) in cryptocurrency - CryptoMeNow
Energi (NRG) is a low cap altcoin that started in late 2017.  Its slogan is cryptocurrency for world adoption?, which off the bat, establishes itself as a currency to be used for daily transactions.  So, what separates it from the thousands of other offerings?  Let's talk about it. Energi is actually a highly modified fork of Dash, which itself is a fork of Bitcoin.  And just like Dash, Energi also has privacy features, as well as better scalability and lower fees than Bitcoin, not forgetting the ability to make instant payments. Like others, Dash is a mineable coin, however, during its inception, Dash innovated a treasury feature.  This means that 10% of every Dash coin mined is allocated into a fund.  This is held to cover all future expenses that will further the goals of Dash, this includes things like paying for programme development and community meetups.   

US Congresswoman Tulsi Gabbard of Hawaii bought crypto at the height of the bull market
US Congresswoman Tulsi Gabbard of Hawaii, who is also running for the presidency in 2020 bought a set of cryptocurrencies at the height of the crypto bull market. In December 2017, Gabbard bought Litecoin and Ether at the height of the crypto bull market, according to federal filings. Tulsi Gabbard bought $1,001 to $15,000 of Ether and Litecoin in December 2017. At the time, the bitcoin price soared to a record high of $19,500. It's unclear how much crypto Gabbard currently holds. However, it's likely that she lost some money on her investments amid the ongoing bear market. Below is a picture of her crypto purchases:

Malaysian government still debating whether or not they should legalize cryptocurrencies - CryptoMeNow
Malaysian government officials recently mentioned that they are still debating whether or not the country should legalize cryptocurrencies. Most of the cryptocurrency community in Malaysia seems to be frustrated over this due to the rapid growth of Malaysia's economy. Thailand, Singapore, and Hong Kong continue to regulate their crypto markets with one eye on greater adoption, Malaysia is lagging behind the forerunners on the sub-continent. Malaysia is currently one of the few South East Asian nations do not have a clear and defined status on the legalization for digital currencies. Nobody is quite sure when or if a decision will be made in the near future. And nobody is sure if crypto is legal or not. This could be a massive opportunity that the government is missing out on.

Google Allegedly Prohibiting Ethereum Ads On Their Platform - CryptoMeNow
Google has recently been called out by a developer from a blockchain startup by the name of Decenter, stating that Google is allegedly denying ads based on Ethereum to not appear in any searches. However, ads for Bitcoin and EOS do show up when searched for. The developer made a Reddit post stating, Any of the keywords that contain ethereum in our campaigns are no longer showing ads as of January 9th you can try searches such as ethereum smart contract audits and eos smart contract audits? only the latter will show Ads in results. What's interesting is that the blacklist doesn't apply to the keywords such as ico?, bitcoin?, eos etc. We also tried VPNing to multiple different countries and it seems that no ads with Ethereum in the search term are showing up anywhere.

A law firm in Canada wants to be the first "All-Crypto Legal Firm" - CryptoMeNow
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on The New Years, as a statement of his commitment to promoting Bitcoin and cryptocurrency-based businesses. Cameron-Huff has worked as the lawyer for a Bitcoin core developer, several token-based companies, and dozens of crypto startups. As president of Decentral Inc., he managed a staff of 30 and helped to take the company to 750,000 monthly wallet users. As the first, all-crypto legal services firm in Canada, Cameron-Huff expects the ongoing uncertainty around Canada's cryptocurrency regulations to create some business for him, but he is also looking to build a global presence in hopes to help with the massive Bitcoin adoption in the near future.

Former BitTorrent Morris believes that TRON won't be able to handle the BTT Token
Following an acquisition of BitTorrent by TRON founder and CEO, Justin Sun, the assumption was that BTT would be launched on the TRON network. However, Morris, who was a former chief of the company has serious doubts over whether or not TRON will be able to handle the sheer volume of transactions that the global file sharing network would produce. In Friday's interview with BreakerMag, Morris dismissed TRON's transactional capacity, claiming BTT would just melt it?: It was very clear when I was at BitTorrent that there was no way the transaction capacity of Tron would [work]. The transactional capacity we [were] looking at was needing hundreds of transactions a second just to get started. It's simply not there. You hear all the bullshit out there, oh, this does 10,000 transactions a second. It's all crap. We were going to melt Tron. Literally destroy it.

Circle Aiming for Crypto-to-Crypto Tax Change - CryptoMeNow
U.S. based cryptocurrency market player Circle has recently been found to be working alongside regulators in order to change the current awful tax treatment for crypto-to-crypto transactions. During a recent AMA session on Reddit on Thursday, CEO of Circle, Jeremy Allaire, responded to questions asked by the community. Any plans to work with the IRS [The Internal Revenue Service] to improve tax law for crypto It's a pain to have to report taxes whenever I buy something with crypto or make crypto-to-crypto transactions, this is an issue we care about and are pushing this in [Washington,] DC. We believe there should be different tax treatment for crypto-to-crypto, especially for smaller payments oriented transactions. The leading government on this issue right now is France, where they are soon passing a law where there will be zero taxes on crypto-to-crypto transactions, he added.

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