US Unveils FedNow, Bitcoin Money Vs. Coinbase


Within the newest episode of “Espresso and Crypto,” Cointelegraph’s head of editorial Olivia Capozzalo and head of reports Molly Jane Zuckerman have mentioned the largest headlines within the crypto world — armed with steaming cappuccinos.

The cappucci-news

Within the video, Capozzalo and Zuckerman have a packed agenda.

First, they make sense of the information that america Federal Reserve has started developing a 24/7 system for real-time funds — sparking limitless questions and comparisons to Bitcoin (BTC) and Ripple’s XRP. Zuckerman says: “I hear the phrases ‘real-time cost and settlement system’ and I feel that may solely be performed with blockchain.”

Subsequent, the pair focus on the information that alleged images of Binance customers finishing their Know Your Buyer (KYC) checks have been posted online — and ponder how the leak might have occurred. Capozzalo asks whether or not privateness issues and the inconvenience of KYC processes is protecting some crypto lovers from centralized exchanges.

There’s additionally time to discover the long-running legal fight between Bitcoin Money (BCH) and Coinbase, with a decide ruling that the trade didn’t act fraudulently throughout its botched launch of the cryptocurrency.

Elsewhere, Zuckerman discusses so-called “sextortion” scams the place victims blackmailed in trade for BTC — one in every of which inadvertently affected one in every of her family members.

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