MUST READS

Visa Grants Coinbase Power To Issue Bitcoin Debit Cards

Visa has officially granted its principal membership to a cryptocurrency company for the first time. Awarded to Coinbase in December, but not revealed to the public until today, the membership cuts out a crucial, and expensive middleman from the process of issuing a debit card that lets users spend their cryptocurrency.

Perhaps even more importantly though, the principal membership makes Coinbase the first cryptocurrency company with the power to issue debit cards for OTHERS, including other cryptocurrency companies.

Crypto Exchange FCoin Insolvent After Revealing Up to $130M Bitcoin Shortfall

FCoin may have just pulled another Mt.Gox Incident...

Founder Zhang Jian revealed that he may not be able to pay the 7,000-13,000 BTC that the exchange still owes to users. According to Zhang, the exchange hasn’t been hacked and isn’t an exit scam, though evidence suggests it might be exactly that.

We love how CZ of Binance responded to this...

If you've been a victim of FCoin's BS - we suggest you check out this article on how to get your stolen crypto back.

There are 10 Cannabis Stocks Experts Believe Could See up to 1,000% Growth in 2020

Joe Montana here with an invitation to the 2020 American Cannabis Summit. I’ll be talking with the industry’s top Cannabis experts. They reveal…

📈 The biggest wealth-building opportunities in the market
💰 A special strategy that allows them to invest in hundreds of cannabis shares for a fraction of the cost
💲 Their plan to make profits from Cannabis IPOs in a matter of days
🔥 Their 10 favorite cannabis stocks right now

And I want to invite you to join me.

Simply click here to reserve your seat now!

DEEP DIVE

Ether Flash Loan Hack 🔥

Ethereum enthusiasts from all around the world gathered in Denver, Colorado last week for ETHDenver – a weekend-long community gathering dedicated to dApp and blockchain innovation.

Unfortunately, the major story wasn’t some new and neat DeFi announcement. Instead, it was the exploitation of an interesting DeFi vulnerability.

Here's the gist: $350,000 had gone into the pocket of someone in a seven step Ethereum (ETH) smart contract transaction. Utilizing an exploit in bZx's Fulcrum price oracle, the hacker made use of several different DeFi dApps to perform the hack.

Here's Alex Kruger summing it up... with in-depth details on the hack itself...

Bitcoin as Super-Collateral

As the price of bitcoin continues to increase and more and more individuals become familiar with its value proposition, a natural progression will be for Bitcoin to be used as collateral for loans.

Here's How to Prepare for the Biggest Stock Market Event of the Decade

Matthew McCall has built one of the greatest track records in the financial world. He’s pinpointed over 200 stocks that ALL went on to jump 100% or more. Now, he’s doing it all over again.

McCall just teamed up with one of the biggest names in finance to reveal the name and ticker symbol of what he predicts will be the best-performing stock of 2020. Check out this stock’s name and ticker symbol, absolutely free.

Click here for details.

REGULATORY FRONT

Mike Bloomberg Promises Clearer Rules on Crypto Taxes & ICOs

With Andrew Yang dropping out of the 2020 Presidential race, there seemed to be no candidates left with a stance on crypto. Enter Michael Bloomberg, with his new Financial Reform Plan that was released on Tuesday.

The plan advocates for clearer regulations for cryptocurrencies, offered a framework for ICOs, clarified taxation on crypto investments, and guidelines to protect consumers from crypto-fraud.

In the final section of the proposal, which focused on the American financial system, consumer protection and other areas, the candidate pledged to work with regulators to provide clear rules for cryptocurrencies.

“Cryptocurrencies have become an asset class worth hundreds of billions of dollars, yet regulatory oversight remains fragmented and undeveloped... For all the promise of the blockchain, Bitcoin and initial coin offerings, there’s also plenty of hype, fraud and criminal activity.”

SEC Hits Enigma's ICO Where it Hurts

The SEC today announced settled charges against blockchain technology startup Enigma for conducting an unregistered securities offering in the form of an ICO.

Enigma will now need to register its tokens as securities, file periodic reports with the SEC, and return the funds raised in the $45 million ICO in 2017 to harmed investors.

Enigma seems to be taking everything in stride though based on a blog post addressing the settlement.