Ep241: Bitfinex and Tether Subpoenaed by CTFC, OpenBazaar Integrates Bitcoin Cash and Zcash
Channel: NeoCash Media
Date: 01/02/2018

Bitfinex and Tether receive subpoenas from the U.S. Commodity Futures Trading Commission. Facebook’s new ads policy forbids options and crypto trading hype. Blockchains, LLC buys up more than 67,000 acres in a Nevada industrial park. Japanese chat app LINE to open crypto exchange for 200 Million monthly users. OpenBazaar 2.1 integrates Bitcoin Cash and Zcash payment options. BitPay upgrades website plug-ins to help merchants accept Bitcoin Cash. Coincheck suffers a massive hack that sees more than $500 Million in tokens disappear. The SEC steps in on a Texas-based scam ICO. We are moving to video so please let us know how we can do better!

U.S. CFTC subpeonas Bitfinex and Tether

On December 6th, 2017 the U.S. Commodity Futures Trading Commission sent subpeonas to Bitfinex and Tether. At that time there were about 819 Million USDTethers in circulation. Since then the number of Tethers has more than doubled. At the time of this podcast there are more than 2.28 Billion USDTethers.

Facebook new Ads policy: No more ICO or Crypto ads

Facebook states; 
“We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception. That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith.”

Blockchains LLC getting over 67,000 Acres in Nevada to showcase Blockchain Applications (ethnews.com)

On January 29, 2018, Jeffrey Berns, CEO of Blockchains, LLC, confirmed that his company has acquired 67,125 acres at the Tahoe-Reno Industrial (TRI) Center, estimated at around $175 million.  Eventually, the TRI Center could become home to the world’s first fully-equipped, blockchain-based city.

Major Japanese Chat App LINE to open Crypto exchange for its 200million monthly users

Announced Today Jan 31st, LINE will be launching its own crypto exchange and in-app trading for the applications 200 million monthly users.

OpenBazaar 2.1 is released – Bitcoin Cash and Zcash Integrated

From Open Bazaar; “Today we are proud to announce Bitcoin Cash and Zcash integration in OpenBazaar! With this update users will have the option to create new nodes for processing Bitcoin Cash and Zcash (Beta) payments, respectively.

BitPay Updates Enable Bitcoin Cash

Merchants looking to accept Bitcoin Cash have also gotten a boost from BitPay. Popular website plugins WordPress & WooCommerce, WHMCS marketplace, and PrestaShop have been updated to integrate with BitPay wallet support for Bitcoin Cash.

Coincheck Loses $533 Million in Hack

Tokyo-based cryptocurrency exchange Coincheck has confirmed that it has suffered what appears to be the biggest hack in the history of the technology.

In a press conference at 23:30 JST (14:30 UST), the exchange’s president Wakata Koichi Yoshihiro and chief operating officer Yusuke Otsuka estimated its loss at 58 billion yen (approx. $533 million). According to Bloomberg, which attended the conference, 500 million NEM tokens were taken from Coincheck’s digital wallets.

An Important Disclaimer

We would like to remind you that any content on the Neocash Radio podcast and/or website should not be regarded as financial or legal advice. Please be mindful of any and all regulations regarding cryptocurrency in your particular jurisdiction. Never invest/gamble more than you are willing to lose and always safeguard any digital currencies you own by keeping them in a wallet whose private keys you control.

Bumper music by: Lamprey
Song: Stuck up
http://freemusicarchive.org/music/Lamprey/The_Greener_Grass/Stuck_Up

To view all the links and info from this episode of Neocash Radio, and to download it to your favorite podcast app (or as an MP3), visit: http://NeocashRadio.com

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