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Top Indian Central Banker Says Cryptos Have a Future But Fears Monopoly

The former governor of Reserve Bank of India, Raghuram Rajan, said that private cryptocurrencies like Bitcoin (BTC) and Facebook’s Libra may have a future even when central banks roll out their own digital currencies.Rajan, who was also the Chief Economist and Research Director at the International Monetary Fund from 2003–2006,

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BRD Boss Recalls Operating Bitcoin Help Line During Crypto’s Early Days

In an interview with Cryptox, Adam Traidman, the CEO of wallet provider BRD, recounted operating a phone support line for cryptocurrency users during the company’s infancy.After starting BRD, formerly Breadwallet, in 2015, Traidman recalls the firm’s CMO deciding to launch the "Bitcoin Therapy Hotline" without consulting the firm’s other executives.Traidman

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Blockchain Bites: Crypto’s Bailout Millions, Brazil’s Binance Ban, Lightning’s Bug

At least 75 crypto and blockchain firms received approximately $30 million in government-backed PPP loans during the COVID-19 economic crunch while Binance continues to donate personal protective equipment equipment through its charitable wing. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto

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Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round

A slew of investors is backing bitcoin brokerage River Financial to the tune of $5.7 million. Announced Wednesday, the San Francisco-based startup has closed a seed round joined by Polychain Capital, Slow Ventures, Castle Island Ventures, DG Lab Fund, Cygni, Pfeffer Capital and IDEO CoLab Ventures, according to a release from

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How Bitmedia, an Ad Agency, Is Changing Crypto’s Flawed Advertising System

Although cryptocurrencies and blockchain technology have been gaining increasing popularity in 2020, there are still many restrictions when it comes to being discovered as a cryptocurrency business. Outreach is always complicated in nascent industries and even more so in crypto where traditional ad networks and other tools have banned the

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Europol Busts $17M Illegal Media Streaming Business Dealing in Cryptos

In a recent investigation, European police busted a major illegal online streaming business that had reportedly been running for the past five years.Bloomberg reported that the police conducted 15 house searches, arresting 11 people and successfully taking down 50 servers across nine countries.The European law enforcement agency Europol claimed to

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