Connect with us

Blockchain

Is Twitter Still Targeting ZeroHedge Despite Lifting The 4-Month Ban?

Avatar

Published

on

Popular media outlet ZeroHedge got its Twitter account suspended back on January 31st for publishing an article questioning the origin of the novel coronavirus (COVID-19). A bit more than four months after that, the social media lifted the ban.

However, just two days later, Twitter appears to continue flagging the media’s content as “potentially harmful,” signaling that a shadowban may still be in place.

ZeroHedge Ban Lifted

On January 31st, ZeroHedge saw its Twitter account suspended for “violating rules against abuse and harassment.”

The outlet had posted an article questioning the origin of the novel coronavirus (COVID-19), presenting information on Wuhan’s Institute of Virology and Dr. Peng Zhou, a researcher at said institute and Leader of the Bat Virus Infection and Immunization Group.

Two days after that, a reporter from BuzzFeedNews wrote that ZeroHedge falsely accused the Chinese scientist of creating the coronavirus as a bioweapon.

You Might Also Like:

At that time, ZeroHedge saw its account suspended. 133 days later, though, on Friday, June 12th, the news outlet was reinstated after Twitter reportedly admitted they “made an error in our enforcement action in this case.” A Twitter spokesperson told Bloomberg that “Based on additional context from the account holder in appeal, we have reinstated the account. We have a dedicated appeals process for all account holders.”

But Is It Really?

Despite admittedly making a mistake, it appears that Twitter continues to flag some of ZeroHedge’s content.

Just yesterday, the outlet published another article, covering a study on resistance to SARS-COV2, and that’s what users see when trying to open it.

zerohedge

Twitter Flags ZeroHedge Article

Once again, the warning says that the content might be “potentially harmful” or in violation of Twitter’s Terms of Service. Moreover, it also warns that the link might lead to a site that “steals your password or other personal information, installs malicious software programs on your computer,” and so forth.

In actuality, the links lead to an article that cites a study, conducted by scientists at the University Hospital in Zurich on “Systemic and mucosal antibody secretion specific to SARS-CoV-2 during mild versus severe COVID-19.”

It’s Not Just Twitter

Centralized social media have the authority to one-sidedly suspend, or flag content they deem is in violation of their Terms of Agreement. Twitter is just the latest example.

Just a month ago, CryptoPotato reported that YouTube is shadowbanning Bitcoin-related videos as several content creators complained that their videos are impossible to locate.

This has prompted a debate in the crypto community on whether a decentralized social media might be the solution to all of the above.

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited – first 200 sign-ups & exclusive to CryptoPotato).

Click here to start trading on BitMEX and receive 10% discount on fees for 6 months.


Source: https://cryptopotato.com/is-twitter-still-targeting-zerohedge-despite-lifting-the-4-month-ban/

Blockchain

Eyeing EU Banks, Hex Trust Teams With SIA on Crypto Custody

A multinational payments firm is partnering with cryptocurrency custodian Hex Trust to help its European banking clients hold digital assets.

Avatar

Published

on

Multinational payments firm Sia is partnering with cryptocurrency custodian Hex Trust to help its European banking clients hold digital assets.

“When you have one bitcoin, it’s not a big problem, but when you start adding 10, 20 or 100, you have a treasury and you have to decide where to store this,” said Daniele Savarè, SIA’s innovation and business solutions director. “We are discussing digital custody needs with banks in Europe.” 

The firm is also helping banks manage and safekeep security tokens and central bank digital currencies, he added.

Through SIA, Hex Trust plans to offer European banks the software to custody digital assets on behalf of their customers. Hex Trust will also act as a sub-custodian for banks that don’t want to directly offer the service, said Hex Trust CEO Alessio Quaglini. 

Currently, Hex Trust works with three banks – Mason Privatbank Liechtenstein AG and two unnamed Asian banks. Quaglini said Hex Trust has 10 other banks that are exploring the custodian’s products.

Going forward, SIA will be the primary distribution partner for Hex Trust to offer digital-asset services to banks in Europe, Quaglini said. 

Source: https://www.coindesk.com/hex-trust-sia-crypto-custody-eu-banks

Continue Reading

Blockchain

Collider Labs Raises $1M to Invest in Blockchain Startups

The venture builder is seeking to invest in early-stage startups with a focus on transparency, privacy and “fairness.”

Avatar

Published

on

Collider Labs has raised $1 million to be invested in early-stage blockchain and cryptocurrency startups.

In an announcement Thursday, the venture builder said the raise had brought on board several notable limited partners including Efficient Frontier CTO Alon Elmaliah and Follow [the] Seed Founding Partner Andrey Shirben.

Collider provides funding and liquidity and actively participates in building up startups alongside their communities and founders, according to the firm’s founding partner, Avishay Ovadia.

The company is actively seeking to invest in early-stage blockchain and crypto startups globally, with a focus transparency, privacy and “fairness.”

Collider “is a venture builder that somewhat resembles an accelerator” Ovadia said. With some “key characteristics” that differentiate it from a typical accelerator.

Venture builders, also known as startup studios, pair with early-stage startups and utilize their own ideas and resources to, if all goes according to plan, construct viable enterprises.

According to Ovadia, Collider forms partnerships with founders, invests in teams and works alongside them as what he calls “Investors in Residence.”

Source: https://www.coindesk.com/collider-labs-raises-1m-to-invest-in-blockchain-startups

Continue Reading

Blockchain

Voyager Agrees to Buy LGO Markets and Merge 2 Firms’ Tokens

Two cryptocurrency trading firms are merging, and in a rare twist, so are their tokens.

Avatar

Published

on

Two cryptocurrency trading firms are merging, and in a rare twist, so are their tokens.

Voyager Digital, a publicly traded digital asset brokerage with offices in New York, has agreed to buy LGO, a French crypto exchange primarily serving institutional investors, as the company expands to Europe.

The transaction requires regulatory approval, which the parties said they expect to receive by the end of this year, along with the token swap. The value of the deal will depend on the value of Voyager’s shares, and the firms’ tokens, at closing; at current prices, it would be in the low seven figures.

As such, this deal is dwarfed by this year’s blockbuster crypto M&A deals such as Binance’s acquisition of CoinMarketCap, estimated to be worth $400 million, and FTX’s $150 million deal to acquire Blockfolio.

Read More: ‘They Have the Users’: Binance CEO Explains Why He Bought CoinMarketCap

What makes this deal unusual is that the two companies’ utility tokens, VGX and LGO, will be swapped into newly minted tokens featuring decentralized finance (DeFi) functions such as community governance and staking at an initial interest rate of 7%.

“We think this is really taking the old-school mergers and acquisitions to the token world, which hasn’t been done before,” Steve Enrlich, Voyager’s co-founder and chief executive officer, told CoinDesk.

Upon completion, Voyager, which is publicly listed on the Canadian Securities Exchange, will issue one million shares for the acquisition and operate in the European retail market with LGO’s Virtual Asset Service Provider registration with the French Financial Markets regulator (AMF). All activities will be conducted under the Voyager brand and LGO will discontinue its institutional services on Oct. 31. Shares of Voyager closed at C$0.67 ($0.51) on Wednesday. 

Read More: Voyager to Pay Interest on DeFi Tokens to Gain Brokerage Clients

Hugo Renaudin, co-founder and chief executive officer of LGO, told CoinDesk that the French company made the deal after it decided to shift its focus from institutional clients to increasing value for its token holders.

“The key decision-maker is what will bring the most value to our tokens,” Renaudin said. “So we have this token. We have token holders and they’re mostly retail [clients].”

LGO launched an initial coin offering (ICO) in February 2018, according to its website, which raised 3,600 bitcoin (worth about $36 million at the time). The company’s white paper shows that 60% of the tokens were distributed through a pre-sale process, while 20% of the supply went to LGO’s founders and advisors.

At its peak in April 2018, the LGO token’s market cap was nearly $40 million, according to data from CoinMarketCap. On Wednesday, that value was calculated to be $1.5 million. 

Renaudin told CoinDesk that the company’s other option would have been focusing on better serving its institutional clients, which means its spot exchange would have to provide new and exotic derivatives products. After consideration, he said that the team had decided to change its focus to retail customers instead.

The merger comes during a time of regulatory crackdown on crypto derivatives trading around the globe. Popular crypto derivatives exchange BitMEX was charged by the U.S. Commodity Futures Trading Commission (CFTC) with facilitating unregistered trading activities, while in the UK, the Financial Conduct Authority (FCA) has banned crypto derivatives for retail consumers.

This is not the first acquisition by Voyager, which went public in early 2019 in a reverse merger with the shell of a Canadian mineral exploration company. Previously, it acquired wallet startup Ethos.io for about $4 million.

Read More: Voyager CEO Says Revenue Growth Accelerates 8-Fold as DeFi Trading Surges

Voyage’s revenue in the most-recent fiscal quarter, which ended Sept. 30, surged to about $2 million, compared with $1.1 million during the fiscal year ending in June.

“We are becoming the financial service firm of the future, which means I will look at acquisitions that can add products, customer assets to the platform, or tokens and other communities that can be accretive to what we are trying to do,” Enrlich said. “And adding these pieces together we are going to either do it organically or through more acquisitions.”

Disclosure

Source: https://www.coindesk.com/voyager-acquires-lgo-token-merger

Continue Reading
Energy48 mins ago

Global Electrical SCADA Market Report 2020: Developments in IoT Technology and Cloud Computing has Increased Growth

Energy1 hour ago

Global $855 Billion Bio-Refinery Product Market to 2026 with Neste Oil, Renewable Energy, Pacific Ethanol, UOP, Abengoa Bioenergy, and Valero Energy Dominating

Energy1 hour ago

U.S. Chemical Production Expanded In September

Energy2 hours ago

$9.8 Billion Worldwide Thermal Spray Coatings Industry to 2027 – Impact of COVID-19 on the Market

Energy2 hours ago

Valisure Expands Testing Capabilities With The Addition Of Elemental Analysis

AR/VR2 hours ago

Somnium Space’s Next Updates to Add Buildable Worlds, Web Access & More

AI3 hours ago

Beyond Limits and The Carnrite Group Create Alliance to Drive AI Innovation in Oil & Gas, Utilities, Power and Industrial Sectors.

Esports3 hours ago

BIG, OG, fnatic round out Flashpoint 2 team list

Crowdfunding3 hours ago

Earn $10,249 a Year in FREE “Crypto Income”

Energy4 hours ago

Ball Corporation and Kroenke Sports & Entertainment Announce Global Partnership to Advance Sustainability in Sports and Entertainment Through Aluminum Beverage Packaging, Improved Recycling Programs and Consumer Education

Energy4 hours ago

St. James Gold Announces Private Placement

Energy4 hours ago

Worldwide Water and Wastewater Treatment Equipment Industry to 2027 – Featuring SUEZ, Ecolab & DuPont Among Others

Energy4 hours ago

Automotive Refinish Coatings Market Size Worth USD 11.69 Billion by 2027 | CAGR of 3.7%: Emergen Research

AR/VR4 hours ago

Captain Toonhead vs the Punks from Outer Space Unleashes FPS Tower Defense in 2021

Germany
Esports4 hours ago

Vitality take down BIG to set up clash against Astralis in DH Open Fall

Energy7 hours ago

Dorian LPG Ltd Provides Update for the Second Quarter 2021 and Announces Second Quarter 2021 Earnings and Conference Call Date

Energy7 hours ago

SK Innovation Declares Ambition to ‘Lead the Efforts for Battery Safety, Charging Speed and Driving Range’ at InterBattery 2020

Energy7 hours ago

Canada Nickel Makes Third New Discovery at Crawford Nickel-Cobalt Sulphide Project

Energy7 hours ago

AEP Reports Strong Third-Quarter 2020 Earnings

Blockchain10 hours ago

Eyeing EU Banks, Hex Trust Teams With SIA on Crypto Custody

Blockchain10 hours ago

Collider Labs Raises $1M to Invest in Blockchain Startups

Blockchain12 hours ago

Voyager Agrees to Buy LGO Markets and Merge 2 Firms’ Tokens

Cyber Security18 hours ago

Business Enablement By Way Of The BISO

Ecommerce18 hours ago

Turing Pi 2 – compact edge clusters with 32 GB RAM and new Raspberry…

Ecommerce18 hours ago

The Top eCommerce Companies in October, According to eCommerce…

Ecommerce18 hours ago

Footwear Manufacturer Otabo Steps Up Digital Strategy with Centric…

Ecommerce18 hours ago

Cloud Sales Veterans Release Essential Read for B2B Salespeople

Ecommerce18 hours ago

LaserShip Announces Its Time Of Need Philanthropic Program

Indonesia
Esports19 hours ago

Gen.G in talks with Liazz – Report

Esports20 hours ago

cogu joins MIBR as manager and coach

Energy20 hours ago

Strategic Resources Files Mustavaara Technical Report

Energy20 hours ago

Ur-Energy Announces Extension of State Bond Loan and Provides Update

Energy21 hours ago

Pettit Marine Paint Develops the Most Effective Anti-fouling Paint to Hit the Market in Many Years – ODYSSEY® TRITON

Energy21 hours ago

Core Lab Reports Third Quarter 2020 Results From Continuing Operations:

Blockchain21 hours ago

Pelosi, Kudlow Signal Market-Moving US Stimulus May Wait Till After Election: Report

Energy21 hours ago

A Difference-Making Disinfectant

Blockchain22 hours ago

Market Wrap: PayPal Powers Bitcoin Past $12.8K as Ether Dominance Drops

Automotive22 hours ago

How Car Tires Are Manufactured

Medical Devices22 hours ago

5 Real World Applications of the Doppler Effect

Big Data22 hours ago

Join Hands with Instagram’s New Algorithm to Boost Your Business’s User Engagement

Trending