Wednesday, April 17, 2019

📌 Crypto Debit Cards, the Delisting of BSV, and Blockstack's (Historic) Token Sale

 MUST READS 

Visa and Coinbase Unite for a Crypto Debit Card


Coinbase has teamed up with Visa to make crypto payments an everyday reality. This week they introduced Coinbase Card which allows users to "spend crypto as effortlessly as the money in their bank." Currently available only in the UK, Coinbase plans to roll out support in other countries in the "oncoming months."
 

Blockstack's (Historic) Token Sale


According to Morgan Creek Digital's Anthony Pompliano and the token sale filing submitted by Blockstack to the U.S. Securities and Exchange Commission (SEC), Harvard University's endowment purchased $12.65 million in Blockstack's $50 million token sale.

Although we've seen other university endowments invest in crypto projects... this one splashes some significance: Harvard will be holding the tokens (Stack: STX) directly. In previous cases, we've seen endowment funds take the equity route.
 

Forbes Blockchain 50


With assistance from industry consultants and other experts, a Forbes team of reporters and editors identified 50 companies (with minimum revenues or valuations of $1 billion) that are currently leading the way in adapting blockchain into their operations.
 

 SPONSORED 

36 Millionaires, Multi-millionaires and Billionaires Tell All


36 self-made millionaires, multi-millionaires and billionaires… Two award-winning documentary filmmakers… Nine episodes.

Free for a limited time.

Watch the Money Revealed trailer.

 DEEP DIVE 

🔥 The Delisting of BSV: Craig Wright Taking Some Heat!


Shout to Crypto Twitter for coming together on this one...

Last week, Craig Wright and his gang offered a $5k bounty to anyone who would reveal the identity of @Hodlonaut (an anonymous – now deleted – person on Twitter who is known for graciously sparking the Lightning Torch) because this person claimed Mr. Wright was NOT Satoshi... and therefore not responsible for creating Bitcoin.

Well, evidently this didn't suit CT very well and #WeAreAllHodlonaut was born.

Shots were fired in all directions... and the ongoing feud lead to a batch of exchanges coming together by delisting Bitcoin SV (BSV). Here's Unbankd with the inside scoop.
 

Bitcoin is a Weapon


In this deep dive former Surface Warfare Officer Hector Rosekrans gives us a unique take on how powerful Bitcoin really is... while drawing comparisons of the current landscape to modern-day warfare.

"It taught me that civilization is shaped by the powers that master commerce. Today, that power is the carrier strike group. Tomorrow it will be a Bitcoin node."
 

 SPONSORED 

Free Day Trading Strategy Session


There's a new day trading strategy starting to pop up... and students everywhere are beginning to adopt it more and more...

Why? ...Because it only uses ONE indicator. And it's more effective than anything we've used in the past decade.

It's completely free – click here to watch the strategy session now.

 REGULATORY FRONT 

🇨🇳 China Wants to Ban Bitcoin Mining Because it 'Seriously Wasted Resources'


As China tries to cut back on air pollution that has choked cities like Baoding and Shanghai, it's taking aim at cryptocurrency mining.

But despite all the reports, not everyone is buying it. (Exhibit A & Exhibit B)

 

A Duty to Answer: Six Basic Questions and Recommendations for the IRS on Crypto Taxes


Earlier this month, CoinCenter published a report of the federal income tax laws on cryptocurrencies. For cryptocurrency enthusiasts looking for meaningful guidance on filing taxes, and in light of this weeks tax conundrum, this one's for you.

The report looks to answer six basic questions that the IRS falls short in explaining... as well as offering recommendations for those going through the filing process.

 

 TWEET OF THE WEEK 

Other Articles You May Enjoy

The CoinSnacks weekly digest is a manually curated newsletter that delivers fresh content covering cryptoassets and the evolving blockchain community for investors around the world. The digest is curated by CoinSnacks employees and sent once a week.
CoinSnacks | 5500 Military Trail Suite 22-250 | Jupiter, Florida | 33458

Unsubscribe | View in Browser

Brazil Sets Record / Wall Street Firm Moves to Blockchain / Sweden's National Currency

Subscribe | View in browser

$BTC (4:21 p.m. EST): $5,256.83 (0.88%) // 90-day high: $5,156.44 // 90-day low: $3,286.14 / / More

$BCH ABC (4:21 p.m. EST): $310.19 (-2.55%) // 90-day high: $332.82// 90-day low: $80.95 // More

$ETH (4:21 p.m. EST): $166.31 (0.55%) // 90-day high: $181.11 // 90-day low: $86.08 // More

$LTC (4:21 p.m. EST): $80.05 (-1.33%) // 90-day high: $93.66 // 90-day low: $22.09 // More

$XRP (4:21 p.m. EST): $0.33 (3.14%) // 90-day high: $0.43 // 90-day low: $0.28 // More

Facebook gray   Twitter gray   Email gray   Permalink gray

1. Crypto exchanges in Brazil traded more than 100,000 bitcoin in 24 hours, setting a new record for the country, according to Cointrader Monitor. The record, set last Wednesday, comes on the heels of Mexico breaking its own record for bitcoin volume in a 24-hour period. Brazil, the largest economy in South America, has struggled lately with economic activity hitting its lowest levels in nine months. This dip in economic activity seems to coincide with the rise of bitcoin volume in the country. –BITCOINIST

Brazil trades a record 100,000 BTC
Facebook gray   Twitter gray   Email gray   Permalink gray

2. Depository Trust And Clearing Corp. (DTCC), which handles nearly 90 million daily digital transactions for banks across the world, will move about 50,000 accounts to the blockchain. Those accounts hold roughly $10 trillion worth of credit derivatives and will live on a customized digital blockchain called AxCore. Currently, DTCC and its partners must reconcile transactions multiple times before they settle. Moving these transactions onto the blockchain allows for transparent and real-time settlement of these securities eliminating extra databases and translations between them. –FORBES

DTCC adds blockchain
Facebook gray   Twitter gray   Email gray   Permalink gray

3. Hackers overtook the Twitter account of Sweden's ruling political party, the Social Democrats Party, to declare bitcoin as the country's national currency. Along with posting several cryptocurrency-related stories, the hackers changed the account's names from "Socialdemokraterna" to the "Bitcoin Democrats" and added a BTC symbol to the party's logo. The group also reported the legalization of cannabis in Sweden and the resignation of the current Prime Minister before the political party regained control of the account. –BE IN CRYPTO

Hackers break into political party's account
Facebook gray   Twitter gray   Email gray   Permalink gray

4. A group has hidden the keys to $1 million in bitcoin somewhere on the internet. Called "Satoshi's Treasure," the game launched earlier this week with the first clue released to players on Tuesday. Players will have to find 400 key fragments in order to move the total funds. "There are some clues that are very scavenger hunt-y, and clues where it's purely logic puzzles or math problems," Primitive Ventures co-founder Eric Meltzer, the game's co-creator. "Forget about the rules, just go goddamn play." –FUTURISM

Crypto game promises $1 million
Facebook gray   Twitter gray   Email gray   Permalink gray

5. The Gemini exchange has upgraded its cryptocurrency wallets with SegWit support. –AMB CRYPTO

6. Following a community poll vote on Twitter, Kraken, one of the largest crypto exchanges by volume, has removed Bitcoin SV. –COIN TELEGRAPH

7. Bitcoin is on track to end April on a positive note for the fourth consecutive years. –COINDESK

8. John McAfee said it is "mathematically impossible" for bitcoin to not reach $1 million by the end of 2020. "Bitcoin is not an effing stock!!! You can't apply stock paradigms or formulas and expect answers!" he wrote. –CCN

9. Collab Fund, a prominent NYC based venture capital firm, has launched a dedicated fund to invest in cryptocurrency and blockchain projects. –COLLABORATIVE FUND 

10. Global consulting firm Accenture and Italy-based Generali Group launched an employee benefits solution on the blockchain to share data transparently for those involved in the reinsurance process. –COIN TELEGRAPH

Facebook gray   Twitter gray   Email gray   Permalink gray

Written and curated by Darren Webb and David Stegon. Darren has worked in marketing roles for a multitude of cryptocurrency and blockchain projects since 2014. Based in NYC, Darren loves to read and learn about cryptocurrency and emerging technology in his spare time. You can find him on Twitter @Dwebbny. David is a senior editor at Inside.

Facebook gray   Twitter gray   Email gray   Permalink gray
Copyright © 2019 Inside.com, All rights reserved.

Our mailing address is:
Inside.com
767 Bryant St. #203
San Francisco, CA 94107



Did someone forward this email to you? Head over to inside.com to get your very own free subscription!

You received this email because you subscribed to Inside Bitcoin. Click here to unsubscribe from Inside Bitcoin list or manage your subscriptions.