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Bank of England Chief Economist Andy Haldane gave a speech to TheCityUK on Wednesday (PDF) where he covered how central bank-issued digital currencies (CBDCs) could be helpful in cutting interest rates below zero. His remarks help make the case for bitcoin as an alternative monetary system.
BlackRock CIO Rick Rieder shared some positive remarks about bitcoin with CNBC's Squawk Box earlier today. BlackRock is the world's largest asset manager with $7.4 trillion of assets under management as of the end of 2019.
According to Bloomberg, Winning Poker Network, which operates multiple sites including AmericasCardRoom.eu, has seen a massive increase in demand for payouts via bitcoin. Winning Poker Network CEO Phil Nagy says the company is having to purchase around $100 million worth of bitcoin per month to keep up with demand.

more of today's top stories

3 More Bitcoin Mining Pools Signal Support for Taproot Upgrade

According to the Taproot Activation web page, three more mining pools are now signalling support for the much-anticipated Bitcoin network improvement. The three pools are F2Pool, AntPool, and Luxor, and they bring the network hashrate's estimated support for Taproot to roughly 54%, according to data from BTC.com.

Binance Files Defamation Lawsuit Against Forbes Journalists

According to CoinDesk, Binance Holdings Limited, which is a legal entity behind cryptocurrency exchange Binance, filed a lawsuit against Forbes Media LLC and two journalists. The lawsuit is focused around a Forbes article from last month that detailed a document pointing to Binance's alleged plans to avoid various regulations in the United States.

Deutsche Bank Research Strategist: More Investors Starting to See Bitcoin as Credible Asset

Over at ZeroHedge, a note from Deutsche Bank Research Strategist Jim Reid stated more investors are starting to see bitcoin as a credible asset to buy and hold. "There also seems to be an increasing demand to use Bitcoin where Gold used to be used to hedge Dollar risk, inflation and other things," added Reid.

Google Will Roll Out End-to-End Encryption for Messages App

According to a Google company blog post, Android users who use the Messages app for texting will soon have access to end-to-end encryption for one-on-one chats. The new feature will roll out to beta testers starting this month.

New Ransomware Software Shoots Physical Ransom Notes Out of Printers

According to BleepingComputer, the Egregor ransomware includes a script that tells all available printers to print out physical ransom notes.

OKEx Says They'll Resume Cryptocurrency Withdrawals Next Friday

According to Chinese crypto reporter Wu Blockchain, OKEx plans to enable withdrawals from the cryptocurrency exchange on November 27th, which is next Friday. OKEx withdrawals stopped over a month ago after after founder Star Xu, who holds a necessary private key to enable withdrawals, was taken away by Chinese police to assist with an investigation...

Cryptocurrency Exchange Liquid Reports Data Breach

According to a blog post from Liquid CEO Mike Kayamori, the cryptocurrency exchange experienced a security incident on November 13, 2020. During the incident, Liquid believes the attacker was able to obtain some personal data, such as names and addresses, of Liquid customers.

Dutch Cryptocurrency Exchange Says They're Being Forced Into Collecting Too Much Customer Data

Ghostery is Working on a Privacy-Focused Browser and Search Engine

According to a paywalled report in Wired, anti-tracking browser extension Ghostery is working on their own privacy-focused browser and ad-free search engine.

Irish Man Gets 3 Years in Prison for $2 Million Cryptocurrency Theft

According to The Irish Times, a 21-year old man in Ireland received a three-year sentence for his role in SIM swap attacks that led to the theft of cryptocurrency.

recent newsletter issues

November 19th, 2020

Poker site is doing $100 million in bitcoin payouts per month, Taproot support above 50% of network hashrate, and Deutsche Bank research strategist sees more investors viewing bitcoin as credible asset.

November 18th, 2020

Bank of England chief economist describes dystopian financial system of the future, 2nd richest man in Mexico touts bitcoin, and Jamie Dimon's bitcoin tune slightly changes.

November 17th, 2020

7 fiat currencies have annual inflation rates above 100%, federal bank regulator sees offshore bitcoin as national security risk, and a 3rd mining pool declares support for Taproot.

November 16th, 2020

2nd largest bitcoin mining pool begins push for Taproot and Apple faces legal complaints for tracking users.

November 15th, 2020

A newly-elected US Senator says bitcoin is a good store of value and Ethereum DeFi project attacked for $6 million.

November 13th, 2020

Biggest bank in Belarus launches bitcoin exchange service, Russian Ministry of Finance wants prison time for unreported Bitcoin transactions, and Ethereum could have accidentally hard forked a second time.

November 12th, 2020

Bitcoin experiences a 2-block chain split and CoinDesk takes a closer look at the Cred bankruptcy scandal.

November 11th, 2020

Ethereum accidentally forks itself and a bitcoin mining pool plans to censor transactions.

November 10th, 2020

Bitcoin on Ethereum continues to grow despite DeFi slump and Google Drive may add native file decryption.

November 9th, 2020

Binance tells US-based users to withdraw funds and another legendary investor backs bitcoin.


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