The Future Is Here: SWINCA’s Crypto Real Estate

The Future Is Here: SWINCA’s Crypto Real Estate
At some point everyone, when having an opportunity to invest, considers putting money into real estate. Problem is, it’s a very hard industry to get into. New players have a hard time entering the field, and small companies struggle to grow beyond regional limitations and barriers set by domination of monopolies. It’s almost impossible to get a wide variety of properties on your portfolio in such conditions.
When you add the time wasted on long transactions and the cost of the army of intermediaries, global real estate suddenly doesn’t look that appealing, even though it’s considered to be one of the safest and most promising areas of investment.
How SWINCA Solves Those Problems
You’ve probably already guessed the answer SWINCA proposes for all those issues. Blockchain has proven to be extremely helpful in dealing with traditional problems in a variety of industries, and now SWINCA is preparing to adjust crypto to real estate. Tokenizing real estate assets on the blockchain should allow to achieve even the most ambitious goal SWINCA has which is equalizing all players, big and small, so that large corporations don’t have unfair advantage over others. Blockchain is the key to bringing down geographical and economic barriers, its implementation would allow for acquiring property around the globe and collecting its revenue in an instant.
Transaction costs alone would drop significantly, and there would be no need to pay for intermediaries, bureaucrats and administrators. SWINCA’s team would take it upon themselves to scout the markets, find the most promising properties of any kind – offices, houses, apartments, land – at any stage of development for investment, as well as handle legal and management issues.
What is SWINCA?
SWINCA is a platform for crypto real estate industry with Switzerland-based team. SWINCA would operate through two types of tokens.
The SWI coin is internal and external to the platform, you could trade it on the exchanges. It represents SWINCA’s growth in general, as well as the way it’s performing. It’s also the coin used for ICO (pre-ICO would be held the November 26th, and ICO would begin on February 1th, 2019, and then followed by the launch of SWINCA Real Estate on April 5th, 2019) with the hard cap of $75 million.
The NCA token is exclusive for internal use on the SWINCA platform. It represents specific shares of properties and would allow holders to obtain their capital gain depending on the percentage of shares that are allocated.
Coin Sale Distribution
The SWINCA ICO would be held before the project is completed, thus the raised funds would support the team by covering their expenses until the platform is launched. The coin sale distribution would work in the following way:

50% of it go to Pools and Masternode;
35% is sold during pre-ICO and ICO;
5% is distributed to employees and advisors;
another 5% goes to the founders of the project;
3% is allocated to marketing and bounties;
2% is sold through Private Sale.

All the unsold coins would go to SWINCA reserve (where they have a vesting period of 10 years) to be used then for investors directly on the platform.
The Future Is Here: SWINCA’s Crypto Real Estate

Bitcoin Cash Price Analysis: BCH/USD Reversal Pattern on Short-Term Chart

Bitcoin Cash appears prime for more losses as it formed a head and shoulders pattern, a classic reversal formation, on its 1-hour time frame. Price has yet to break below the neckline around $520 to confirm that a selloff is underway.

The 100 SMA is just starting to cross below the longer-term 200 SMA to indicate that the path of least resistance is to the downside. In other words, there’s a strong chance for the downtrend to gain traction, especially since the price is below these dynamic inflection points. The chart pattern spans $520 to around $650, so the resulting drop could be of the same height.
However, Stochastic is pointing up to signal that buyers are still in control of price action and could push for gains. The oscillator has plenty of room to climb before reaching the overbought zone to reflect bullish exhaustion. RSI is also turning higher to signal a return in buying momentum.

Bitcoin Cash has been on shaky footing in the week leading up to its hard fork as the community doesn’t appear to have reached a consensus on the version yet. A pre-fork run conducted by Poloniex suggested that Bitcoin ABC might be the preferred version but there’s also evidence to suggest that Bitcoin SV might win out.
According to Roger Ver, all parties in contention agree that BCH should be used as a form of “digital cash” before later on clarifying that it only comes down to “order of operations” or when the upgrade from 32MB to 128MB blocks will happen.
nChain, a blockchain group led by Craig Wright is running its own upgrade and raise the block size to 128 MB. This hard fork is due on November 15 and the lack of any clarity could lead investors to keep liquidating their Bitcoin Cash holdings in the days ahead.

Images courtesy of TradingView
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‘Coinbase Effect’ in Action: Cardano, Zcash and Stellar Prices Get a Boost Prior to Listing

‘Coinbase Effect’ in Action: Cardano, Zcash and Stellar Prices Get a Boost Prior to Listing
Coinase has always tried to increase the number of opportunities for its customers. Recently, the largest US exchange listed Basic Attention Token (BAT) on its trading platform and apps and opened trading for 0x (ZRX), which became the first ERC-20 token listed on the platform.
After these annoucements, investors have cheered up and are currently anticipating the exchange’s support for further cryptocurrency integrations. In this regard, prices of some coins have started to surge. In particular, Cardano (ADA), Zcash (ZEC), and Stellar (XLM) are enjoying growth.
Cardano Price Movement
Cardano (ADA) saw a 3.5% hike on Sunday. The value of ADA jumped from $0.074438 up to $0.077107, then pulled back to the $0.75 range. Later, the price levelled off. Trade volumes were relatively low for ADA, rising from $13-18 million, with Binance’s ADA/BTC pair accounting for over 20% of the action alone.
The coin’s current price makes up $0.0754, its market capitalization is $1.9 billion.
Zcash Price Movement
Zcash (ZEC) is a cryptocurrency aimed at using cryptography to provide enhanced privacy for its users compared to other cryptocurrencies such as Bitcoin. The privacy-focused cryptocurrency surpassed $140 last week, demonstrating a staggering 21.7 increase in price in a two-week span. Over the last 24 hours, the currency lost 4.14% in value. Currently, its price is $125.62 per coin, market capitalization is $6.5 billion.
Stellar Price Movement
Stellar (XLM), which has been affected by massive volatility in the forever-lasting bear market, has experienced a 5-percent boost last week due to speculations about upcoming Coinbase listing. The fourth most-traded asset on Binance, just after Bitcoin [BTC], Bitcoin Cash [BCH] and Ethereum [ETH], Stellar maintained its price steadily at $0.2691 and a market cap of $5.09 billion yesterday. Later, the coin faced a mild bump and the market cap got a push up to $5.14 billion and the price also rose up to $0.2715.
Further, the price and the market cap both took a hit and went down to $0.2633 and $4.98 billion accordingly. The 24-hour trade volume rose up by 25.8% during this time period.
At the moment of writing, Stellar’s market capitalization makes up $5.17 billion. Its price is $0.2736 per coin. The supply for the asset comes mostly from Binance’s platform (approximately 32%) and Upbit exchange (about 9% of the total volume).
What’s in Store for Cardano, Zcash and Stellar?
Before the listing, both BAT and 0x nearly doubled in value against both the US dollar and Bitcoin (BTC). However, after the official listing by Coinbase Pro and, the currencies suffered a drop. BAT decreased by over 32, while ZRX began a steep descent after a 8-percent surge.
Such a performance demonstrated that price movements were caused by Coinbase listing. It is not yet clear, whether Cardano, Zcash and Stellar will be integrated into the exchange, but such a probability is quite high.
The Coinbase listing is a confirmation that the token is not considered a security by the U.S. Securities and Exchange Commission (SEC). The listing gives a way to other exchanges to accept and integrate assets. Currently, the U.S. SEC is adding demands for tokensto be considered as securities. Recently, SEC charged EtherDelta, Ethereum-based decentralized crypto exchange, for running unregistered securities exchange.
‘Coinbase Effect’ in Action: Cardano, Zcash and Stellar Prices Get a Boost Prior to Listing

Bitcoin Price Analysis: BTC/USD Consolidation at Channel Support

Bitcoin is still keeping its head above the rising channel support seen on the 4-hour chart, but it looks like there’s more hesitation. Price is consolidating inside another symmetrical triangle pattern as it formed higher lows and lower highs recently.

A move past the triangle top around $6,500 could be enough to confirm that bullish momentum is present and that a move to the channel top could take place. The 100 SMA is below the longer-term 200 SMA for now, though, so the path of least resistance might be to the downside. If that’s the case, a move below the triangle bottom and channel support could signal that a downtrend is about to happen.
The chart pattern spans $6,000 to around $8,200 so the resulting move in either direction could be of the same height. Stochastic is pointing up to suggest that buyers have the upper hand for now, so the price might follow suit. This oscillator has a lot of ground to cover before reaching overbought territory, so bullish pressure could still last.
RSI is just pulling higher and has even more room to climb before reaching the overbought zone. This oscillator didn’t even reach the oversold region before turning back up, suggesting that buyers are eager to return. Resistance at the mid-channel area of interest at the $7,000 major psychological mark might also hold.

Bitcoin has had a mostly positive week on account of optimism for more institutional investments, but it returned some of its recent gains on regulatory jitters. The SEC reportedly ended its public comment period on Bitcoin ETF applications, which suggests that a decision could be announced anytime now.
Besides, it has also been reported that traders are moving more funds from exchanges to wallets, perhaps as pre-cautionary efforts while regulators crack down on decentralized exchanges such as EtherDelta last week.

Images courtesy of TradingView
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Binance CEO: Crypto Market Still in Good Position, Real Crypto Volume Remains Unknown

Binance CEO: Crypto Market Still in Good Position, Real Crypto Volume Remains Unknown
Currently, many investors are concerned by the market slump which results in low trade volumes. However, the CEO of Binance, the world’s largest cryptocurrency exchange, is not worried about the current market trends. Changpeng Zhao believes that “sooner or later”, something will trigger a bull run.
Speaking on CNBC Africa’s “Crypto Trader” show, Changpeng Zhao expressed his rather positive attitude towards the current market situation. When Ran NeuNer, CEO of OnChain Capital and “Crypto Trader”, asked what catalysts could be significators of the market’s next bull run, Changpeng Zhao said:
“It is a tough question, I don’t really know how to predict which catalyst will be the trigger.”
Moreover, Zhao said that the real trading volume remains unknown:
“What I’ve heard is the OTC market is at least as large as the live recorded volumes [on exchanges]. So that is at least 50 percent of volumes that is not being reported on CoinMarketCap. But we’re not heading to that business, so we don’t know the real volumes.”
The CEO of Binance explained that the current cooling down of the ICO market is not a bad sign, as the market is still maturing. And many projects are now focused on delivering actual products, services, and tokens, with a view to attract investors. The arrival of institutions “may be a really strong trigger,” according to Zhao.
In September of this year, Binance CEO shared his optimistic view of the crypto market as well. He stated that the crypto market will grow 1000 times and more.

I still disagree with this. I will say "crypto will absolutely grow 1000x and more!" Just reaching USD market cap will give it close to 1000x, (that's just one currency with severely restricted use case), and the derivatives market is so much bigger.
— CZ Binance (@cz_binance) September 12, 2018

Binance’s Formula for Success
Over the past 11 months, the cryptocurrency market has lost more than 70 percent of its valuation, which is the fourth biggest correction in its 10-year history. Currently, the volume of Binance is down nearly 90 percent since January because of the correction and partially because of the high level of stability demonstrated by Bitcoin over the past three months. However, the number of active users and the amount of Bitcoin deposits that Binance holds are steadily increasing. Recently, Binance surpassed giants like OKEx and Huobi in terms of trading volume, number of active users, web visitors and also API volume.
Zhao said:
“Compared to January [of 2018], we are probably down 90 percent. So we only have one-tenth of the trading volume compared to what we had in January. But, compared to like a year or two years ago, we’re still trading at huge volumes. Business is still okay, we are still profitable, and we are still a very healthy business.”
He furher added:
“Right now we are still signing up a steady amount of new users every day so from what we are seeing, it’s very healthy actually. The number of new users and the amount of crypto we hold are increasing very steadily. So if you look our cold wallets, the amount of BTC we hold, we have just seen an increase in people depositing Bitcoin to our exchange.”
According to Zhao, “there isn’t a secret recipe”. Binance “may have gotten lucky in its early days”, and this luck was complemented by the exchange’ decent product and customer service staff.
Yesterday, Binance announced the research of a new analytical division, Binance Research, set to prepare institutional-grade research reports to increase transparency and improve the quality of information within the cryptocurrency space.
Binance CEO: Crypto Market Still in Good Position, Real Crypto Volume Remains Unknown

Spain’s BBVA Bank, Red Electrica Settle $170 Million Syndicated Loan on Blockchain

In a world first, the Spanish bank has executed a €150 million ($170 million) syndicated loan deal with Red Electrica Corporation using the firm’s blockchain platform.

Blockchain-Powered Syndicated Loan
Spanish banking giant BBVA, along with BNP Paribas and MUFG, has delivered the world’s first blockchain based syndicated loan. The loan was granted to Red Electrica Corporation, a Spanish firm which operates the national electricity grid in the country.
Announced last week on BBVA’s website, the deal was executed in “record speed” using the bank’s proprietary, blockchain-powered platform.
Details of the Deal
It is reported that the entire negotiation process was closed over the blockchain network which enabled quick execution, complete documentation tracking, and transparency in negotiations.
BBVA is leveraging blockchain because of the benefits it can bring in helping the bank to improve client experience, simplify the process and minimize risks.
Blockchain technology can deliver tangible benefits in processes involving large numbers of stakeholders like in case of “syndicated funding projects”.
The loan was executed over a private blockchain on which six stakeholders participated – the customer, Red Electrica Corporation, the lending banks, BBVA, BNP Paribas and MUFG, and two legal advisors, Linklaters S.L.P. and Herbert Smith Freehills LLP.

Benefits of Leveraging Blockchain
Speaking about the milestone achievement, BBVA said:
Each step of the negotiation leading to the signing of the final agreement is recorded in the DLT network along with a user code and the timestamp that identified the moment at which the event occurred.
All of the parties participating on the private Hyperledger based network can access the same information with the reliability that the data can’t be changed.
At the final step of contract signing, a “unique document identifier” gets recorded on the Ethereum public blockchain network. By doing this, while the confidentiality is maintained, immutability against third parties is also guaranteed.
Teresa Quirós, CFO of Red Eléctrica said:
This transaction is part of our company’s initiative to push digital transformation and innovation as levers for growth and efficiency, enabling us to address the challenges that the changing energy environment represents to our company.
Ricardo Laiseca, Head of Global Finance at BBVA, also noted:
BBVA is simplifying the processes related to corporate financing and is betting on the use of new technologies, like blockchain, to digitize loan negotiations and contracting. We work with our corporate clients to be able to provide them with the most innovative financing solutions.
Spanish banks have shown a proactive approach towards embracing blockchain technology. Banco Santander is another Spanish bank that is part of RippleNet and uses the xCurrent platform for settlements.
Do you think that more banks will adopt blockchain based solutions in 2019? Let us know in the comments below.

Images courtesy of Wikimedia Commons, Shutterstock
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Ethereum’s Constantinople Hard Fork Coming by Mid-January 2019

Ethereum’s Constantinople Hard Fork Coming by Mid-January 2019
A lot has been going in and around the arrival of Ethereum’s upcoming Constantinople hard fork update. The hardfork which was earlier scheduled for this month, is now likely to launch on the 16th of January 2018. Last month, during the testnet launch of Constantinople, it ran into a series of hurdles. The core developer team conducted a meeting during the October end, where they decided not to rush through the process.
This new date of January 16th is a tentative decision, made through a non-verbal agreement. However, note that this isn’t final or fixed. Developers have made it earlier clear that the hard fork can even see a possible further extension provided any additional problems arise.
Developer’s Opinions on Upcoming Hard Fork
Core developer Péter Szilágyi said:
“We can just say mid-January, it doesn’t make difference if we decide on a date or not. We can always postpone.”
Another developer Lane Rettig provided insights into the research done regarding the Ethereum’s difficulty-bomb.
The difficulty bomb means the increase in difficulty of mining new blocks on the Ethereum network. Over a period of time as the complexity increases, it will ultimately reduce in a slowdown in the number of blocks added. Ultimately it might prove to be a deterrent for the miners. However, Ethereum is planning to move from Proof-of-Work (PoW) to Proof-of-Stake (PoS) going ahead.
Rettig said that the difficulty bomb can be visible since January. Furthermore, it can also lead to a 30-second block time by the April or May of the upcoming year. “So we have time, there’s no critical concern,” Rettig said.
Back in September itself, the developers agreed to postpone the difficulty bomb to a further 18 months. Moreover, they also agreed upon reducing the mining rewards from 3 ETH to 2 ETH. Apart from this, the Constantinople hard fork will bring several upgrades underlying the code.
ProgPow Implementation
During the last conference call, there was a discussion of adding a ProgPow protocol during the Constantinople upgrade. The ProgPow aims at enhancing Ethereum’s resistance to specialized mining hardware like ASICs. There is a fear that the existing use of ASIC chips can centralize mining power in the hands of a few powerful miners. However, its implementation wasn’t discussed during the latest conference call. The developers noted some issues regarding the implementation saying that a formal specification for the code is still incomplete.
Developer Szilágyi, however, urged that all the software upgrades implementing the Constantinople hard fork should be released before the end of this year. “All clients should release a stable version with the baked in block number before Christmas,” Szilágyi said.
Ethereum’s Constantinople Hard Fork Coming by Mid-January 2019

Germany’s BaFin Shuts Down Crypto-Capitals’ Cross Border Crypto Trading Operations

Cryptocurrency firms are attracting a lot of attention. That is not always a good thing, depending on the company’s business model Crypto-Capitals, a firm specializing in trading products, has been flagged by Germany’s BaFin. The company is selling these trading products without complying with regulatory measures.

Crypto-Capitals Runs Afoul in Germany
Similar to other European countries, Germany has no active cryptocurrency regulation. That does not mean companies can offer services related to Bitcoin without being regulatory compliant. For Crypto-Capitals, things have gone from bad to worse. The German firm has been ordered to shut down operations by BaFin over regulatory concerns.
As part of its service, Crypto-Capitals provides cryptocurrency-oriented trading products. That includes CFDs, a strictly regulated investment vehicle in Germany. However, the crypto firm is not following existing guidelines associated with offering such services. BaFin has now ordered the firm to cease operations until this matter can be resolved.
This explosion of crypto activity has caught the attention of Germany’s financial watchdog. BaFin has advised consumers on crypto investments over the past few years. They are also in the process of cracking down hard on any company not following the rules. While Crypto-Capitals is not offering an illegal service, their regulatory compliance leaves much to be desired.

Compliance is Critical for all Firms
This is another clear warning signs for all cryptocurrency companies. Offering products catering to traditional investors should not be taken lightly. If firms do not comply with local regulations, they will be shut down sooner or later. Crypto-Capitals is just one example of how quickly things can deteriorate for firms skirting the law.
Germany does not have the most open-minded approach to Bitcoin. It is one of the few countries around the world where LocalBitcoins is not available. The platform was forced to cease operations several years ago due to regulatory pressure. Despite the setback, other trading platforms still exist in the country to this very day.
Warnings issued by BaFin are a positive sign for the industry. If cryptocurrency is set to go mainstream, compliance needs to be the number one priority at all times. There is no reason for service providers to take shortcuts. Avoiding unnecessary scrutiny is always the favorable option. Germany is actively monitoring the cryptocurrency industry for flaws. They also want to have the G20 regulate this industry over the coming years.
How important is a clear regulatory framework (and the enforcing of that framework) to the long-term success of cryptocurrencies? Let us know in the comments below.

Images courtesy of Shutterstock
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William Shatner Offers Support for Vitalik Buterin

In a recent Tweet, Star Trek’s Captain Kirk, William Shatner, defended Ethereum co-founder Vitalik Buterin from detractors.

Just like how the original Star Trek series embraced the concept of new technologies, the star of the series has also shown a fascination for new innovations. William Shatner, known to countless fans as Captain Kirk, is a prolific user of Twitter and has become interested in cryptocurrency and blockchain technology. In a recent series of Tweets, the good captain has mounted a spirited defense of Ethereum co-founder Vitalik Buterin.
A Simple Thumbs-Up Leads to a Debate
A few days ago, William Shatner sent out a Tweet where he just gave a thumbs-up emoji to Vitalik Buterin. This move started a mini-firestorm of conflicting opinions.

@VitalikButerin 👍🏻
— William Shatner (@WilliamShatner) November 7, 2018

Right out of the gate, one person said that Buterin was a “literal scammer.” Shatner, always willing to fire back at critics on Twitter, responded by saying:
Then as a coder – go develop your own blockchain technology where you can be 1000% sure of decentralization. Or shove money in a mattress. I hear that’s only overseen by the bed bug community.
This was followed by a humorous series of Star Trek-themed memes by others. However, Shatner was quite willing to continue his spirited defense. He went on to say that his critic’s “viewpoints don’t take into account the fact that the code has to be audited by an auditing firm and approved by consortium or it doesn’t get accepted.”
However, this statement is wrong. Ethereum is an open-source project, so there is no consortium or auditing firm. Some individuals have said it’s great William Shatner is obviously studying up on blockchain technology and cryptocurrency, but he should also be held accountable for getting stuff wrong.

Hey Sporto I’m Crypto-hip I’m just HODLing back from calling you out but if you have a FUD about your FOMO, don’t worry you’ll just end up as a bagholder. 😉
— William Shatner (@WilliamShatner) November 6, 2018

In Defense of William Shatner
However, I think that one should go somewhat easy with Shatner. It appears that he’s making a legitimate effort to educate himself on the industry.
While one would expect him to do so due to his promotional deal with a Bitcoin mining company in Canada, the reality is that he could have just taken the money and done nothing else. The fact that he’s 87 years old and is willing to learn about this innovative new technology should be applauded.
Compare his enthusiasm to other members of his generation, such as mega-investor Warren Buffett. The financial wizard famously called Bitcoin “rat poison squared.”
As such, while it would be nice that William Shatner be 100 percent correct in all his cryptocurrency proclamations, we should be thrilled that such an iconic pop culture figure is taking the space seriously and is interested in learning more about it.
What do you think about William Shatner giving a thumbs-up to Vitalik Buterin? Let us know in the comments below.

Images courtesy of Shutterstock and Twitter/@WilliamShatner.
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And They Say Crypto is Criminal! Investors Sue 16 Big Banks Over Alleged Foreign Exchange Market Manipulation

Mega investing firms like BlackRock Inc and Allianz SE’s Pacific Investment Management Co. are suing 16 major financial establishments over allegations that the banks had rigged prices in the expanding foreign exchange market.

According to Reuters, counsel representing BlackRock Inc, Allianz SE’s Pacific Investment Management Co, and several other prominent institutional investors filed the lawsuit last week in Manhattan. Among the financial firms facing charges are Bank of America, Barclays, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC and the Royal Bank of Canada.
The plaintiffs are accusing the banks of violating U.S. antitrust laws by rigging fiat currency benchmarks such as the WM/Reuters Closing Rates during a ten-year period between 2003 and 2013. In addition, the banks are being accused of sharing confidential orders and trading positions for their own personal benefit(s).
Behind Closed Doors
The manipulation allegedly occurred through various internet chat rooms under differing pseudonyms such as “The Mafia,” “The Cartel” and “The Bandit’s Club.” The filed complaint reads:
By colluding to manipulate FX prices, benchmarks and bid/ask spreads, defendants restrained trade, decreased competition and artificially increased prices, thereby injuring plaintiffs.
Many of the parties filing the suit claim that they will also be pursuing similar litigation in regions of Europe, in which several of the bank defendants are alleged to have conducted illegal trades.

How It All Began
The lawsuit stems from previous nationwide litigation amongst the named defendants, which were ordered to pay approximately $2.31 billion in settlement money following worldwide regulatory probes that had led to roughly $10 billion in fines for several of the banks and indictments of various traders.
The plaintiffs are affected firms that ultimately sought to “opt out” of receiving any settlement money due to the belief that they could earn more money in damages through a separate suit. Among some of the non-financial parties suing the banks are the California State Teachers’ Retirement System known as CalSTRS.
From the earlier litigation, the largest settlement came by way of Citigroup, which was ordered to pay approximately $402 million to the affected parties. Other groups – such as Credit Suisse – have yet to settle their cases.
Some Final Points
The investors are being represented by the law firm Quinn Emanuel Urquhart & Sullivan, headquartered in Los Angeles. Representatives of the law firm commented:
The European Commission is expected to impose further substantial fines when it concludes its investigation, which is expected to happen this year.
At the time of writing, the foreign exchange market is estimated to account for roughly $5.1 trillion in transactions each day.
Maybe Crypto Isn’t So Bad After all
In a world where cryptocurrency is constantly alleged to be manipulated, mishandled and the subject of malicious activity, traditional financial institutions seem to have a considerably longer pattern of misappropriating funds and information. Remember Wells Fargo? The mega-bank was recently ordered to pay over $140 million in settlement money to customers that had accounts opened in their names by bank officials without their permission.
While there have certainly been a few bad actors in the crypto exchange space, it pales in comparison to the theft committed by – and gotten away with – by traditional banks. Instances like these make us wonder if in the future, crypto – once all the kinks are officially worked out – will be the only way for humans to retain complete control over their finances and maintain their full privacy.
Were the plaintiffs right to reject the settlement money, or are they just being greedy? Post your comments and thoughts below!

Image courtesy of Shutterstock
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