🗞 Daily Crypto News, January 17th 💰

Bitconnect scam finally shut down;
Top 50 Cryptocurrencies Explained in 50 Sentences;
The Sidechains Breakthrough Almost Everyone in Bitcoin Missed;
Metropolitan Bank Denies Ceasing Cryptocurrency-Related International Wires
Is Global Front on Bitcoin Regulation Possible?

🗞 Bitconnect scam finally shut down

I can honestly tell you guys: "I told you so". I wrote articles that went viral to warn the most Steemians I could. I was attacked by Bitconnect scam fans and helped by smart investors.

Here were my 2 pieces if you want to read them again:

I am sorry for those that lost money int his Ponzi Scheme but people warn you and if you still ivnested, you did it knowing the risk of fraud.

Bitconnect has formally closed its lending platform and cryptocurrency exchange following warnings from Texas and North Carolina regulators. The Bitconnect Coin (BCC) digital currency is down 87% today and 93% from its December 29 high of $437. At press time, BCC is trading for just $30.

🗞 Top 50 Cryptocurrencies Explained in 50 Sentences

With the vast amount of new blockchain and cryptocurrency platforms out there it is easy to get overwhelmed when looking for a project to invest or get involved with. This article summarizes each of the top 50 cryptos, based on the ranking from coinmarketcap at the time of writing.

🗞 The Sidechains Breakthrough Almost Everyone in Bitcoin Missed

You've heard of proof of work, but what about proofs of proofs of work?

A complex notion, the research on "Non-Interactive Proofs of Proofs of Work," or NiPoPoW, released in October, has received very little attention so far but is heralded as breaking through one of the major roadblocks that has stalled the widely anticipated sidechain technology.

🗞 Metropolitan Bank Denies Ceasing Cryptocurrency-Related International Wires

Just recently news.Bitcoin.com reported on the company Metropolitan Bank Holding Corp (NYSE: MCB) allegedly ceasing international cryptocurrency transfers. The bank is well known for being called the “Bitcoin Bank” and responded today to “erroneous statements” made by the media.

🗞 Is Global Front on Bitcoin Regulation Possible?

On a day where confusing news continues to emanate from South Korea and China on new proposed bans and restrictions on Bitcoin, a member of the board of Germany’s Bundesbank has called for a united global regulatory front.

Joachim Wuermeling of Bundesbank believes there is very little chance of containing this digital global phenomenon with differing national rules across the globe. With international co-operation in regulating Bitcoin comes a chance for regulators to take control, says Wuermeling.

🗞 Daily Crypto News, January 16th💰
🗞 Daily Crypto News, January 15th💰
🗞 Daily Crypto News, January 14th💰
🗞 Daily Crypto News, January 13th💰
🗞 Daily Crypto News, January 12th💰
🗞 Daily Crypto News, January 11th💰