Hodler’s Digest, Jan.7–13: Top Stories, Price Movements, Quotes and FUD of the Week

The network of altcoin Ethereum Classic undergoes a 51 percent attack, and Fortnite removes Monero from their merch store. Top Stories This Week Altcoin Ethereum Classic Reportedly Undergoes 51 Percent Attack Earlier this week, the Ethereum Classic (ETC) reportedly underwent a 51 percent attack. In the aftermath, crypto exchange Coinbase noted that upwards of $1.1 […]

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Dave Rubin Turns to Bitcoin for Crowdfunding After Alleged Patreon Censorship

American talk show host Dave Rubin has announced he is turning to Bitcoin in lieu of the crowdfunding platform Patreon, in protest against the latter’s alleged censorship practices. American libertarian political commentator Dave Rubin has announced he is turning to Bitcoin (BTC) in lieu of the crowdfunding platform Patreon, in protest against the latter’s alleged […]

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Gab Turns to Square’s Cash App After Coinbase Allegedly Froze Its Account

Controversial social media site Gab is reportedly now using the Cash App from payments firm Square to transact and receive Bitcoin donations. Controversial social media site Gab is reportedly now using the Cash App from United States-based payments firm Square to transact and receive Bitcoin (BTC) donations. The company’s official Twitter posted the announcement Jan. […]

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Japan: E-commerce Giant DMM Shutters Crypto Mining Business Due to Declining Profitability

Japanese e-commerce conglomerate DMM.com Ltd. will shut down its crypto mining business, citing deteriorating profitability. Japanese e-commerce conglomerate DMM.com Ltd. will shut down its crypto mining business, citing deteriorating profitability as the main cause. Local business magazine Toyo Keizai reported the shutdown on Dec. 30. The decision was reportedly taken in September 2018, and initial […]

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Single Global Currency Like BTC Faces Insurmountable Obstacles, Argues Payments Firm CEO

Scott Galit, CEO of New York-headquartered payments processing firm Payoneer, says a single global, non-fiat currency such as Bitcoin is unrealistic. Scott Galit, CEO of New York-headquartered payments processing firm Payoneer, says a single global, non-fiat currency such as Bitcoin (BTC) is unrealistic. Galit made his remarks during an interview with CNBC published on Dec. […]

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