The esports industry, built around competitive games like Fortnite and Call of Duty, has been undergoing a massive boom in recent years. According to data from market research firm Newzoo, global viewership will total 453.8 million in 2019, representing a 15% increase from 2018. This figure includes roughly 201 million esports enthusiasts and 253 million […]
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Decentralized Networks Aren’t as Censorship-Resistant as You Think
Censorship resistance is a much-touted attribute of decentralized networks. They allow anyone to permanently store anything onchain without seeking permission. While this is technically true, the reality, for many supposedly decentralized blockchains, is anything but. As the fate of controversial dapps has shown, even decentralized app stores aren’t immune from censorship and deplatforming.
The Top 10 Cryptocurrencies Aren’t The Most Actively Developed
CoinCodeCap.com keeps track of the development activity of dozens of cryptocurrencies. Bitcoin is the 52nd most active cryptocurrency in terms of development, though it is the most active in terms of daily trading volume. It also has the largest market capitalization by far, and arguably more liquidity than several national currencies around the world. The
The post The Top 10 Cryptocurrencies Aren’t The Most Actively Developed appeared first on CCN
French Tobacco Shops Want to Sell Bitcoin — Regulators Aren’t Happy
The French version of the SEC, the Autorité des marchés financiers, along with the Banque de France issued a statement Monday regarding the intentions of KeplerK, a company which was previously reported to have gotten approval and is planning to partner with tobacco shop operators to sell Bitcoin in their stores across the country. It seems
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Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations
In recent regulatory news, an official representing the Monetary Authority of Singapore (MAS) has stated that no existing crypto tokens meet the regulator’s definition of a security offering; the chief accountant of the United States Securities and Exchange Commission (SEC) has emphasized the “fundamental” bookkeeping responsibilities of firms operating with cryptocurrencies; and the head of Abu Dhabi’s financial regulator has called on international legislators to “properly regulate” the cryptocurrency industries in order to facilitate greater market participation from mainstream institutions.
Also Read: The Daily: Coinbase Denies Self-Trading, Kraken Gets Feisty
ICOs Aren’t Cashing Out Their Cryptocurrency Warchests [Yet]: Research
When the ethereum price crashed by nearly 50 percent during the first two weeks of August, some analysts speculated that last year’s initial coin offering (ICO) boom was to blame for the second-largest cryptocurrency’s decline. During 2017 and early 2018, cryptocurrency startups raised billions of dollars through ICOs, funds which were predominantly denominated in ether
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Ethereum’s Scam Issues Aren’t Getting Better
Earlier this year in July, products that have been resembling ‘Ponzi Schemes’ have been ‘topping the charts’ amongst decentralised applications (dapps) which are running on the globes second biggest blockchain.
For those of you who don’t know Ponzi schemes are:
“A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new investors.“
https://www.investopedia.com/terms/p/ponzischeme.asp
If the transaction values and user counts on the aforementioned applications are high, then so is the concern of the customers when they face using them.
Swiss Stock Exchange Undecided on Digital Assets That Aren’t Securities

The Swiss Stock Exchange SIX has held off on publicly welcoming cryptoassets not considered securities to its new exchange.
‘It’s Still Open’
Six Digital Exchange (SDX), news of which drew much fanfare when it was announced earlier this month, will subject all future assets to a “due diligence process,” spokesman Stephan Meier told local news outlet Swissinfo July 15. Meier explained:
With the new service we will provide a safe environment for issuing and trading digital assets, and enable the tokenisation of existing securities and non-bankable assets to make previously untradeable assets tradeable.
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SEC Corporation Finance Director: We aren’t classifying bitcoin, ether as securities

The post SEC Corporation Finance Director: We aren’t classifying bitcoin, ether as securities appeared first on CoinReport.
New Study: 20% of ICOs Are Scams, But Investors Aren’t Fazed
Initial Coin Offerings (ICOs) have become the hottest way of raising capital, but at least one in five has turned out to be a scam, according to a new study.
1 in 5 ICO Projects are Scams
The number of Initial Coin Offerings (ICOs) has gone through the roof throughout the last year as their underpinned technology, the blockchain, received mass media exposure and starts to see widespread adoption. Yet, being comparatively easy means of raising capital, at least one in five has turned out to be a fraud according to research.
Cryptocurrency Investors Apparently Aren’t Reporting Their Bitcoin
Tuesday, April 17 is tax day in the United States of America – but early numbers are suggesting cryptocurrency investors aren’t being entirely upfront with the government’s tax collectors.
Our Little Secret
Nobody likes doing their taxes, especially now that reporting profitable cryptocurrency trades is required by law. Going through a years’ worth of trades and reporting profits is time-consuming and complicated — and it’s not being done.
According to the Internal Revenue Service, fewer than 100 of the last 250,000 tax filers have reported capital gains investments from cryptocurrency holdings as of April 13. No matter which way you look at it, that’s a shockingly low number.
Most Privacy Coins Aren’t That Private
Privacy coins are meant to be private. That’s their raison d’être. Strip away the privacy, and they simply become altcoins, and dangerous ones at that, with the potential to deanonymize their users and expose their secrets. A number of recent reports have cast doubt on the privacy features offered by coins such as zcash and monero.
Also read: Mandela’s Golden Hands Sell for $ 10 Million in Bitcoin