Alexis Becken

73 posts
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Dogecoin Co-Creator Claims Cartel Of Wealthy Elites Control Crypto

Masons, Zionists, ‘Reptiloids’, modern-era oligarchs - the names change with times and places, yet the bigger picture remains the same: according to conspiracy theorists, our world is a chessboard, where we are but pawns. Of course, it was just a matter of time before these...
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Skrill Adds 20 Cryptocurrencies In Expansion Of Crypto Services

About SkrillAs mentioned in the intro, Skrill is one of the products in the lineup of Paysafe, a global payment industry leader – alongside such solutions as Neteller, Paysafecash, and Paysafecard. It was rolled out in 2001 as a digital wallet provider for easy online...
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The UK Declares Crypto Ad Red Alert – Should We Expect More Bans?

This is not the first signal for the tightening advertising policy in cryptocurrencies. At the end of May 2021, the ASA demanded that the Luno cryptocurrency exchange change the advertising posted on the London transport network, recognizing it as ‘misleading.’ The New ASA Policy, Triggered...
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Bitcoin And Billionaires: Carl Icahn Might Go In For Crypto, Too

Concerns About Wider Market Economies and Inflation The main reason here is growing inflation and the understandable desire to hedge against it. Still, I find the change in minds even more curious than the change in portfolios: the very idea that the large-scale investors started...
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Myths vs Fact: Is Bitcoin Mining Harmful For The Environment?

So, where's the truth? How much harm does mining actually do? Let's have a look at the arguments of the mining advocates. Myth One - Bitcoin Mining is Fueled by Coal First, as Coinbase noted, there was a fundamental mistake in the research: the scientists...
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Google Reinvents Post-Pandemic Workspace, Modernizes Googleplex

The main idea is to remove distractions, boost productivity and employee well-being – because, apparently, happy people work better. And now, as some of Google’s offices are reopening after a long and tedious lockdown, it is rolling out a number of innovations to make the...
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What Is SoV, MoE, And UoA? A Look At How Money Works

So, without further ado, let’s look at why money emerged – and the three main functions it performs today. Money as it Functions Today If we distill the reasons behind the evolution of money into a single idea, we will see that it was driven...
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The Concise History Of Web 3.0

The web has become an integral part of our life: it both defines the way we communicate, perceive, and consume information – and is defined by it. Of course, during this time, Lee's idea has transformed greatly. So far, we've witnessed two eras of web...
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Visa's Top 5 Crypto Priorities According To CEO Alfred Kelly

Visa Opportunities During the Q2 2021 Visa Inc. Earnings Conference Call, which took place on the 27th of April, CEO Alfred F. Kelly, Jr. outlined the five opportunities the company will pursue in the crypto space. Let's have a look at each of them. Buying...
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On Africa’s Banking Crisis – Can Crypto Solve The Problem?

Rise of Mobile Banking This is why mobile money has been booming in the region. Indeed, services like M-Pesa in Kenya, Wizzit in South Africa, or Celpay in Zambia are flourishing here like probably nowhere else in the world. In 2020, there were 548 million...
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KYC – Why Is Verification A Necessary Evil?

For those interested in history, the KYC initiative dates back to 9/11, when America issued the Patriot Act – a federal law to prevent such attacks in the future. KYC Today Today KYC and AML compliance is a must for all regulated organizations which work...
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US‌ ‌Government‌ ‌To‌ ‌Create‌ ‌A ‌Ransomware‌ ‌Task‌ ‌Force‌, ‌Strike‌ ‌Crypto‌ ‌Fraudsters‌ ‌Back‌

Ransomware Attacks Spur Biden to Action According to Anne Neuberger, deputy national security adviser for cyber and emerging technologies, the Biden administration will be introducing a whole range of initiatives to stem growing cyber fraud. These measures were triggered by several successful hacker attacks on...
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Is it Possible to Ban Crypto? (Spoiler: Not Really)

Changing Regulations As a result, some started working on regulations, as the demand for "digital gold" from private and institutional investors rose higher than ever. Some threw all their efforts into the development of CBDCs. And lastly, some – like Algeria, Egypt, and Bolivia –...
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Myths vs Fact – How Often Is Crypto Used For Crime?

How large is the problem though? What is the share of illegal transactions? And are crypto transfers as hard to trace as many think they are? Let’s look at some figures. Crypto crime in numbers It turns out this myth is easy to bust: the...
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5 Incredible Women in Crypto – Not Just a Male Arena

The pioneering crypto women Our first hero is Galia Benartzi, a tech entrepreneur and co-founder of Bancor. Working on the project since 2017, she basically turned it into the multi-million dollar giant it is today. A plant lover, blockchain enthusiast, community builder, and loyalist, as...
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Wood Woof – "Doge" Meme NFT Sells For Record $4 Million!

The Doge meme Soon someone on Reddit dubbed the picture "Doge," referencing a flash cartoon called "Homestar Runner," and the name stuck. In just three years, the crypto’s most famous Shiba Inu would become the inspiration behind DogeCoin – but that’s a whole different story...
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NFTs Hack By Monsieur Personne: Can They Be Copied?

The exploit Stakes rise high in the NFT game, as ownership of artworks swaps hands in exchange for millions of dollars. It seems, though, that blinded by all the hype, most of the artists and buyers are not asking the right questions. For example, "How...
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How To prepare For "Black Swans" In The Crypto Pond

Black swans can appear in every sphere of human life. Still, they will thrive in those environments where many different variables collide: for example, in economics, and especially in crypto-economics. The main idea of Taleb was that we can’t predict the black swan events, but...
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Robert Kaplan: Bitcoin Is a Store of Value. So CBDCs Aren't?

Their opponents cite Bitcoin’s ultra volatility, and fair enough – we've all witnessed the price of the coin swayed by large buys and sells. Another concern, which is lack of real use, was recently voiced by Goldman Sachs. According to the bank’s analyst team, objects...
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Bitcoin Market Cap Hits $1 Trillion: Now Too Big To Ignore?

In the newest part of Deutsche Bank's research, analyst Marion Laboure claims: by now, central banks and governments have realized that crypto is here to stay. "They are expected to start regulating crypto-assets late this year or early next year," she adds. The title of...
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Token Of The Freedom: On Snowden’s NFT

Edward himself prefers "whistleblower", which is probably closest to what he did: exposing a case of abuse of human rights for privacy. The same year, Snowden was charged with espionage and theft of government property, lost his US passport, and found asylum in Russia, where...
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Top 5 Traditional Banks To Roll Out Crypto-Related Products

Below I’ve compiled a list of five financial institutions planning to launch crypto-related products shortly. Goldman Sachs Goldman Sachs, for one, is going to offer a wide range of crypto investment products to the clients of their private wealth management group. In the second quarter...
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On Neobanks And Their Place In Crypto Economy

Indeed, a large part of Neobanks' appeal comes from a certain next-door vibe. Many of them get new clients, both corporate and individual ones, through word-of-mouth. They also target certain minorities: for example, immigrants (Majority, Remitly), persons of color (MoCaFi, Greenwood), or the gay/transgender community...
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Top Ways Hackers Fish For Our Data

Still, those with enough expertise know that breaking into a popular service with millions of active users is their chance to score big. And history has seen enough large data breaches for us to presume that nothing we put online is 100% safe. Scenario #2:...
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Bitcoin ETFs vs. Blockchain ETFs

ETFs, or exchange-traded funds, track the price of an asset or group of assets – in our case, a particular digital coin. So what's the difference between buying a Bitcoin and buying Bitcoin ETF? First, trading the latter is relatively easy: to do so, you...
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More Than CryptoKitties: 5 Smart Ways Of Using NFT

Making contracts smarter Can you imagine a digital contract that is fully customizable and automated? NFTs can be programmed to pay you a certain percentage of royalties every time your artwork is reprinted or your melody is used, giving content creators more convenience and freedom....
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7 Things To Remember About Plastic Card Fraud

Rule 1: Keep the card information secure Never write down your PIN or share it with anyone; shield the pad with your free hand when entering it on an ATM or a terminal. Keep the card number, date of issue, and CVC code away from...
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Paypal And Bitcoin: Happily Ever After?

Same as last November, the news about the PSP giant betting on crypto gave Bitcoin a considerable boost. After the announcement, the coin’s price soared, reaching $59.000 for the first time in its history. Indeed, with such a large and trusted company backing it, Bitcoin...
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Green coins: how exactly do you do eco-mining?

Given the growing popularity of Bitcoin and NFT tokens (which are also based on proof-of-work blockchains), mining is celebrating its second birth. And, once again, many are voicing concerns about its effect on the environment. So the question we'll be looking into today is, how...
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On Adopting Bitcoin: Main Challenges Of Crypto Regulations

Given the growing popularity of Bitcoin and NFT tokens (which are also based on proof-of-work blockchains), mining is celebrating its second birth. And, once again, many are voicing concerns about its effect on the environment. So the question we'll be looking into today is, how...
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Bitcoin Mining At Home: Is It Still Worth It?

Miners are basically auditors of the network; relying on their computing power, they verify transactions to make sure that no one spends the same Bitcoin twice. The first one to verify a block (1 MB) gets the juicy BTC. Technically, it’s 50% processing power and...
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Why Mastercard And Visa Go Crypto, And How It Affects The Economy

Most large players in traditional finance, the industry that is facing full-on disruption, have had a less than supportive stance towards cryptocurrencies. However, it seems like the change is finally on the way. Whether the delay was driven by a fight to preserve the "status-quo",...
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Digital Investing In 2021: Is Crypto Still A Good Asset?

As Bitcoin peaked above $60000, showing almost a sixfold increase in price since last September, the buzz around cryptocurrencies got louder than ever. However, the long period of the bear market is still vivid in our minds. So how do we answer the question, "Is...
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Cardano: Better Than Ethereum?

On the 18th of March, 2021 Cardano's native token ADA peaked at 1.37$, growing almost sevenfold compared to the beginning of the year. At the time of this writing, it is the 6th largest crypto with a market cap of 38.65 billion USD. So what...
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So Reddit Has Its Own Tokens? Exploring RCPs And How They Work

In 2020, Reddit introduced Community Points. Users would get those for posting quality content, and spend them on exclusive features or privileges. And while the idea of in-community currency is not new, Reddit Community Points (RCPs) are actually Ethereum-based ERC-20 tokens: independent of the platform...
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Bitcoin Hits $61,000. What's The Forecast?

In March, the price of one Bitcoin soared above 61,000 USD for the first time in its history and broke the record again a few weeks later. Having peaked on January 8th ($41,528) and then on February 21nd ($58,354), in the past year the coin...
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How To Trade Cryptocurrencies In 2021

The volatility in cryptocurrencies makes them extremely highly risky assets to trade. It also makes them highly profitable. They can give you a much higher return than investing your money in stocks. Although it’s difficult to maintain winning trades at all times, adopting the right...