The last Crypto Traders Pro Weekly Review for 2019 is here! Thanks to all who have been with us over the years – new and old followers! As we wrap up the last Crypto Traders Pro Weekly Review for 2019, just know that we’ll be back into it for 2020!
Bitmain continues to have infighting at its very top, and the fight is spilling over into its subsidiaries – Shenzhen Century Cloud Core, and one of their suppliers. Shenzhen has $676,000 frozen until the case is resolved.
British crypto exchange Coinfloor has decided to drop Ethereum. Obi Nwosu, the CEO and Founder of Coinfloor cited lack of interest and waning relevance as factors that contributed to the delisting of Ethereum. One of the criteria for a listing is “making [cryptocurrency as a form of money] available to everyone.” Ethereum apparently does not fit the mold for Coinfloor.
A new payments platform has launched – ShowPay could potentially revolutionize how digital currencies are accepted at a retail level. ShowPay uses the Bitcoin SV (BSV) blockchain and allows for zero-confirmation payments, as well as crypto-to-fiat exchanges. It chose BSV because they consider it to be faster and safer than Bitcoin’s current Lightning Network.
Richard Sanders, the lead investigator for CipherBlade, is warning users of HitBTC that he believes that they’re involved in the “longest running, largest scale fraud in cryptocurrency”. His piece of advice? Get out now before losing your funds forever. His words are being listened to – it’s reported that HitBTC has less than 90 BTC in its wallets.
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