Welcome to another 101 episode, where we go over the basic aspects of a crypto project in order to get an insight into what it is and how it works. This time around, we're taking a look into Kyber with the help of Loi Luu, CEO and co-founder of the project!

Loi is a researcher working on cryptocurrencies and the CEO of Kyber Network, an on-chain liquidity protocol that powers decentralized applications, including exchanges, funds, lending protocols, payments wallets and so on. Also, for the Star Wars fans out there, yes - we do address the question that you have in mind. Tune in to learn more!

Find more on Loi and Kyber on the following links:

Reddit: https://www.reddit.com/r/kybernetwork/

Twitter: https://twitter.com/kybernetwork/

Telegram group: https://telegram.me/kybernetwork

Developer group: https://telegram.me/kyberdeveloper

Website: https://kyber.network/

Dev Portal: https://developer.kyber.network/

Welcome to the very first re-branded episode of Crypto Basic News! It's basically Flagship Friday, but without the Friday part. Blame our lazy editor for that. Just kidding, he's the best and we love him very much.

This time around we talk about Justin Sun's new drama with Steemit, about the new CoronaToken (who would've thought...), about CZ's twitter beef with the CEO of OkEx and more. Tune in now!

• Rapid Fire
• Supreme Court of India reversed the crypto banthe order lifted ban on trading in virtual currency, cryptocurrency and bitcoins
• Robinhood goes down at the worst possible timeOn Monday and Tuesday, as global markets rebounded after a sell-off last week and then sank again, Robinhood’s trading platform went offline, leaving many customers to watch their portfolios drop in value without being able to do anything about them
• Germany recognizes Bitcoin as a legal financial instrumentCryptocurrencies are not to be confused with electronic money.
• Not issued or guaranteed by any central bank or public body;
• Don’t have the legal status of currency or money;
• Can be used by individuals or legal entities as a means of exchange or payment;
• Serve investment purposes;
• Can be transmitted, stored and traded electronically.
• Elon Musk says Dogecoin is the best cryptocurrency
• Chainlink Partners w/ Chiliz to Automatically Mint Tokens For Teams Like FC Barcelona.
• Chiliz also partnering with Dota2 squad OG to launch a fan token on socios.com.
• You may soon be able to buy a stake in a professional athlete's tokenized contracts
• NBA star Spencer Dinwiddie has announced a partnership with a new broker-dealer to help issue shares in his tokenized contract. His platform, Dream Fan Shares (DFS).
• The NBA has remained quiet on whether they will continue to oppose Dinwiddie’s venture.
• Dinwiddie is prepared to move forward without the NBA's blessing and said investors can expect more details soon.
• Do you like this idea? Good or bad?
• Dinwiddie first announced plans in September to issue the first Professional Athlete Investment Token (PAinT), which would tokenize $13 million of his guaranteed $34 million NBA contract. The Ethereum-based “SD8” token, now called “SD26,” would allow him to earn cash upfront from investors and repay them with interest. The token’s name change appears to coincide with Dinwiddie's decision last month to change his uniform number from 8 to 26 in honor of the late Kobe Bryant.
• he would offer the token as a three-year bond which would pay out a base interest of 4.95% on a monthly basis. Furthermore, if all 90 tokens—with a minimum buy-in of $150,000—were sold, the group of investors would stand to collectively earn $2 million in profits.
• CoronaVirus
• Someone made a CoronaToken because crypto.
• Back by Proof of Death LOL
• someone at 4-chan developed it.
• only available on the Saturn network which is basically a d-list exchange allegedly decentralized.
• Please wash your hands. Do we think the hype is overblown? How will it shape crypto? Fiat? gold? the market? I just feel like this is too big of an impact to not mention it at all. So far Ultra, SXSW, GDC, and now Bitcoin 2020 has been canceled. Im sure there are plenty others but just dont go to a big event.
• The Fed is Quarantining Some Cash to fight CoronaVirus
• Justin Sun Drama With Steemit
• Justin Sun has seized control of the Steem blockchain – with the apparent help of several prominent crypto exchanges.
• This is still ongoing, but here's a recap of how the Steem blockchain works
• Justin also bought steemit, which was just an app on top of the steem blockchain. It didn't make much sense to buy that I remember thinking.
• Explain powering up
• Well, Steemit had a TON of tokens locked up that could, apparently, be released and then used to vote for new Witnesses.
• Steem blockchain had witnesses soft fork to remove the voting power of all of the tokens that sun just acquired.
• This would essentially limit Justin's power, but Justin reached out to exchanges and got their cooperation to "restore order" and return the blockchain to it's original state.
• The exchanges cooperated, but in order to stake your tokens and get a vote you need to "power up" which means you need to power down to move your tokens. Powering down takes 13 weeks.
• "For the next 4-6 weeks, the Steemit team will be using the voting rights to resume the order of the community while having an open channel for meeting community members and Witnesses."
• Now the Steem community has been trying to brick the voting power of Steemit for some time, and it hasn't succeeded in a hard fork.
• There are about 210 Steem power in existence at the time of the writing for coindesk - 68M might be controlled by the Steemit chain
• Beef Between Binance CEO CZ and OkEx CEO After Unschedule Maintanance
• On Mar. 4, Binance announced that it has initiated unscheduled system maintenance. The work on the exchange’s infrastructure was completed by press time.
• As a result of the maintenance, Binance “suspended deposits, withdrawals, spot trading, margin trading, P2P trading, lending, redemption, as well as asset transfers from sub-accounts, margin accounts, futures accounts, and fiat wallets.” Futures trading, on the other hand, continued as usual.
• A tweet sent by Binance CEO Changpeng Zhao explained that the sudden need for maintenance was caused by a message broker malfunction. Jay Hao, CEO of competing crypto exchange OKEx, answered to the tweet:

• CZ immediately blocked him on Twitter.
• In February, Binance users had to endure interface errors and trading API timeouts because of the middle-layer service being overloaded. Furthermore, some exchange’s customers were unable to have their orders carried out also often retried right away, resulting in overloading Binance’s infrastructure even further. February 19th there was also unscheduled maintance on Binance as well. Clearly, Binance is having some issues lately. Hopefully CZ rights the ship.
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Welcome to Flagship Friday! This week the gang is all together and ready to talk about... mostly the coronavirus and Brent's provisions. No panic though because we also talk crypto - as we always do. We went over Warren Buffet going over crypto, fresh new hacks, and new shots being fired. Eventful week - tune in to learn more!

• Rapid Fire
• CZ Talks Craig Wright“He claims to be the founder of Bitcoin, Satoshi Nakamoto, which is a lie. He hurts the credibility of Bitcoin and is a disgrace to our entire industry.”
• Enjin launches game development platform on Ethereum Mainnet (altcoinbuzz)
• Previously, only early adopters and members from the Enjin Spark program had access to the Mainnet tools. Now, anybody will be able to mint their own ERC-1155 tokens for their own use.
• Over 2,500 projects adopting ERC-1155 have already been created on the testnet version of the Enjin Platform.More than 1% of the total ENJ supply is locked into over 50 million ERC-1155 assets.
• ERC-1155 has become an official Ethereum token standard.
• Lionel Messi-led FC Barcelona set to have its own token for ‘over 300M’ fans worldwide (theblockcrypto)
• Lionel Messi-led soccer club FC Barcelona is set to have its own token in Q2 of this year
• The club has partnered with blockchain startup Chiliz for the initiative
• Alexandre Dreyfus, founder and CEO of Chiliz, told The Block that the deal took 17 months to close
• Winklevoss-led Gemini Custody to add Filecoin, trading may be next (Decrypt)
• Filecoin will be added to Gemini custody. remember Filecoin? One of the biggest ICOs that was completely private in 2017
• “The Simpsons” Predict that Cryptocurrency and Blockchain will Gain in PopularityRead more at TheCryptoTime.com: (TheCryptoTime)
• Shopify joins Facebook’s cryptocurrency Libra Association - K
• Last time we left them Visa, eBay, Stripe had left Libra
• Scored a win getting Shopify (Rev -1.58b, Net -.12, Total Assets 3.02B, 5000 employees)
• Will contribute at least $10m towards Libra and will operate a node
• Seems like a significant incentive is gaining a way to process transactions without paying credit card fees (helps their merchants too)
• As part of Libra Association Shopify will
• Become a validator node operator
• Get one vote on Libra Association Council
• Can earn dividends from interest earned on Libra reserve (proportional to investment)
• Still lots of work to do, US gov skeptical
• The French Finance Minister Bruno Le Maire said, “the monetary sovereignty of countries is at stake from a possible privatisation of money . . . we cannot authorise the development of Libra on European soil.”
• Whale gets hacked for $30M in Bitcoin Cash - asks Roger Ver to "Roll Back the Chain" lol.
• Apparently this was in a SIM Swap, similar to what happened to me.
• The guy who had it stolen was apparently a security pundit of some kind.
• The hackers immediately went to a bunch of addresses and headed to mixers.

• Bitcoin, Vitalik, and Stock to Flow - K
• vitalik Tweet that had a pic of two articles regarding Coronavirus, arguing opposite sides of price action.
• "Your daily reminder that 95%+ of articles of the form "event X will make crypto go (up | down)" are post-hoc rationalized bullshit."
• Guy counters with Stock to Flow model chart, and Vitalik disagrees
• Which predicts avg BTC/USD to be around $100k between 2021-2024
• Got me interested, especially since we dont often discuss price prediction, and apparently its a popular valuation model.
• Bitcoin Stock-to-Flow model was published first in March 2019, and it essentially treats BTC like gold, silver, or platinum.
• Stock-to-flow ratios are used to evaluate the current stock of a commodity (total amount currently available) against the flow of new production (amount mined that specific year).
• S2F really seems to be a measure of scarcity,
• Gold has the highest stock-to-flow ratio with 62, as it would take 62 years of production to reach the current level of gold stock.
• Silver has a ratio of 22, while Bitcoin is currently at 27
• Of course this also draws a lot of criticism, how can we just use supply to try to predict price?
• Joe Weisenthal (bloomberg markets editor) makes the point that if you wanted more btc you could just bid it up rn, without extra supply or less supply
• "If you believe that there's some mathematical relationship between the supply of new coins and the price of the coins, then you have to explain how the supply of new coins changes peoples preferences to hold BTC within global porfolio."
• It also doesnt account for demand-side shocks....What if nobody wants to hold bitcoin in the long run?
• But has been realtively accurate so far, seems to not consider demand which may be just luck with BTC but wouldn apply to something else, or just works till it doesnt and it breaks down
• Warren Buffet does an interview- Adam
• Charlie Lee, Yoni assia (etoro CEO),
• "I don't own any cryptocurrency. I never will"
• Sun gifted Buffett some BTC and Tron which Buffett immediately gave away LOL to the same charity foundation of the $4.6 million
• During his CNBC interview, Buffett also jokingly suggested that he could issue his own cryptocurrency called "Warren Currency." His words were used as another marketing trick by Sun who now proposed to issue WARRENCOIN on the Tron blockchain without any monetary value.
• Bitcoin Drove Half of Square’s Cash App Revenue in the 4th Quarter
• Shots Fired! (GOT ONE - nevermind)
• https://twitter.com/cz_binance/status/1231846420392685569
• CSW is a fraud. Investing in a fraud never ends well. See below. Time will tell.
• I rarely called out anyone, with exceptions. On Chinese social media, I called FCoin a pyramid scheme in mid 2018. Their founder call his own plan a "better invention than #Bitcoin". That did it for me. Who would say such a thing? About themselves? except scammers.
• "#fcoin, a crypto exchange that adopted the controversial "trans-fee mining" model, has paused trading and withdrawal after revealing a shortage of #Crypto assets worth up to $130 million."Neutral face
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_Welcome to this week's (bit late) Flagship Friday (Flagship Sunday just this once, sorry - our editor was on a boat. For many many hours.)

This time around we go over the Trump administration's new plans for crypto, about Yang bailing out of the presidential race, and Brave's brave venture into investigative journalism, sort of. All of this and more on today's episode - tune in now!_

• Rapid Fire
• Bitcoin business, CoinSource, has now expanded to over 600 Bitcoin ATMs
• Minnesota Fed president calls crypto a giant dumpster fire
• Virtual reality beats blockchain as the hottest job in techdemand for augmented and virtual reality (AR/VR) engineers increased by 1,400% in 2019 (blockchain was +517 last year, +9 this year)
• Not just gaming, also companies like Sephora (beauty) and Wayfair (furniture)
• Blockchain developers still banking, 162k yr in 2020
• Proof of concept blockchain voting concept
• DeFi Reaches $1 Billion In Locked Up Crypto
• Trump admin to release new FinCEN requirements for crypto.
• U.S. Treasury Secretary Steven Mnuchin told Congress on Wednesday that the U.S. Financial Crimes Enforcement Network (FinCEN) is set to release new requirements related to cryptocurrencies. “We want to make sure that technology moves forward, but on the other hand, we want to make sure that cryptocurrencies aren't used for the equivalent of old Swiss secret number bank accounts,” he added. Mnuchin seemed to strike a positive tone on the topic, remarking that "we do think technology can be used to reduce payment processing quite considerably, particularly for small dollar payments cross-border."
• Andrew Yang bows out of the 2020 Presidential Race
• The only nominee who cares about crypto has bowed out of the race. We hope to see him in 2024. I think he made an impact seemingly coming out of nowhere.
• Brave uncovers widespread surveillance of UK citizens by private companies embedded on UK council websites - K
• They release a report called Surveillance on UK council websites
• reveals the extent of private companies’ surveillance of UK citizens when they seek help for addiction, disability, and poverty
• None of the data collected has received consent
• Quick Facts
• Nearly all councils in the UK permit at least one company to learn about the behaviour of people visiting their websites
• Google owns all five of the top embedded elements loaded by UK council websites, giving it the power to know what virtually anyone in the UK views on council sites.
• Over 1/4th of UK population served by councils that embed Twitter & Facebook
• 6.9m served by council that allow data broker LiverRampl to track, LiveRamp was part of Acxiom Group, which sold data to Cambridge Analytica...
• Some weird language for 2020 Taxes Regarding Virtual Currency (Story 3)
• "At any time during 2019, did you receive, sell, send, exchange or otherwise acquire any financial interest in any virtual currency?"
• Trump wants the Secret Service to tackle the Bitcoin problem -K
• Trump's budget (proposed) for 2021 plans to increase Treasury departments control over cyprot criminality
• The idea here would be to have secret service aid treasury efforts to stop terrorist financing, abuse of human rights, and financial crimes
• Tweet
• Little history sess
• SS was actually creaty in July 1865 specifically to deal with the problem of counterfit money (approximate one third of money in circulation)
• They also began investigating crimes like bank robbery, illegal gambling, even murder
• Legistlation was on Lincolns desk when he got assasinated, in 1901 when President McKinley gets assasinated Congress asked SS to provide protection
• 1902 they take on full time protection
• It was the first counterintelligence agency until the FBI was created in 1908
• In 2003 they were transfered to new Department of Homeland Security
• Mnuchin Says U.S. Planning Cryptocurrency Rules On Transparency

• The Ten Most Prominent Figures in the Cryptocurrency World?????I have a story for yee lol
• So here's the list
• Satoshi Nakamoto, Vitalik, Pavel Durov (Telegram), CZ, Brian Armstrong (Coinbase), Brandon Chez (Coinmarketcap), Charlie Lee, Alex Reinhardt, David Marcus (Paypal) & Roger Ver
• Really mostly tough to argue, was gonna make CH joke or whatever....but didnt know Reinhardt
• blah blah, Germany imiggrants kid It etc, then that by 11th grade he started seeling financial products to German pension funds, and "attracting investments in startups"
• Here it gets good
• In 2015, he survived the betrayal of partners who had effectively bankrupted his business. Huge debts and the necessity to pay bills became a call to action, so by using all his experience and innate talent as a salesman, as well as his brilliant experience in crypto trading, Alex launched his most successful project to date—PLATINCOIN. PLATINCOIN is a global cryptosystem that includes more than 10 high-tech products and services. The audience of the company's product audience is more than 500,000 people around the world, and every day there are more and more users.
• Okay seriously WTF, so I google PlatinCoin and imagine my lack of surprise
• The Youtube video is fantastic go enjoy , actual quote "indeed, our product is so good and value so obvious, that more than 89% of all that know even a little about cryptocurrencies and hear about our products, have become our costumers."
• Suspicions confirmed, had to go back and look at the author
• Alex Belov, "contributer" to Entrepeneur magazine....except this is the only article hes ever contributed
• Linked in shows him as the COO of Coinstelegram, but before that?
• And even Coinstelegram , mascarades as news but go to their services and
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Welcome to the Crypto Basic Podcast! Today Brent is joined by Amrit Kumar, president of Zilliqa, a high-performance, high-security blockchain platform for enterprises and next-gen applications. Amrit goes over the ins and outs of Zilliqa, how it works and what the project's goals for the future are. Tune in to find out more!

Ziliqa's Website: https://zilliqa.com/

Amrit's LinkedIn profile: https://sg.linkedin.com/in/amrit-kumar-6aa66151

Hello everyone and welcome to this week's Flagship Friday (Saturday? Who knows at this point) where we go over the most important crypto news of the past week! This week we're talking about smART contracts (not a hard pun to figure out), Justin Sun being sort of a doofus, Dubai going full on tax haven mode on crypto, and much much more. Tune in now!

• Rapid Fire
• Taxact is charging more for your service if you click "I traded crypto" and it doesn't add any steps. Don't use them
• If you make under 66k the IRS lets you file for free.
• Blockchain.com Has Created A Crypto Gateway for the Turkish Lira (Decrypt)
• Now they can convert lire to bitcoin, eth or tether without using a third party payment processor.
• Cool Website Talking About If It's Alt Season
• A season is three months, so we looked at the performance of all Top 50 Coins over the last 90 days. The more Altcoins are up against BTC, the higher the Altcoin Season Index. If 75% of all Altcoins are up against Bitcoin over the last 3 months, it's Altcoin Season!
• And to spoil it for the listeners, no, no it is not alt season yet. The heat index is currently at a 51.
• Hey Telegram, you're crypto is worth less than donuts (CoinTelegraph)
• In the memo, the SEC included a few barbs against the instant messenger service. It called out Telegram for doing “a two-step around the registration provisions” and performing “sleight of hand” by fabricating the difference between a purchaser’s investment in Grams and their delivery of the Grams, which would allow them to withhold info normally in regulatory statements. Pavel Durov’s creation, the document contends, gave a “strawman” argument about “existence” since “Grams will never be tangible.” The SEC put the frosting on when it wrote:

• Art project uses Ethereum to validate their art pieces
• As Thomas Crown Art’s tech expert and business analyst Ian Mcleod, explained, each piece of artwork is embedded with blockchain technology. “All our works of art are logged on the Ethereum’s blockchain with a unique ‘smART’ contract,” he said. “This means that all the artwork is authenticated, and all providence issues are solved. This is a major step forward in the art world where forgery is a growing and expensive problem.”
• Justin FREAKING Sun. SMH.
• https://twitter.com/justinsuntron/status/1221537900568829953?s=20
• https://twitter.com/justinsuntron/status/1222307981041135616?s=20
• Bitcoin Jesus (aka Roger Ver) Caves as Fight Over Fourth-Biggest Coin Heats Up (Bloomberg)
• On Jan. 22, a group of key Bitcoin Cash supporters proposed changing the cryptocurrency’s computer code to temporarily direct 12.5% of all newly issued coins to fund technology development -- an idea that irked many purists who prefer the typical decentralized governance of most cryptocurrencies.
• The proposal had a high chance of passing, though, as companies advocating for the change controlled a third of computing power used to support the network of the Bitcoin offshoot in the past week, according to data tracker Coin Dance.
• “will not go through with supporting any plan unless there is more agreement in the ecosystem.” The mining operation said it will work to come up with an alternative plan “which preserves the fundamental economics of Bitcoin Cash.”
• Bitcoin Cash still likely has to do something to prop up its developer ecosystem. The average number of developers working each month on Bitcoin Cash-related projects declined 32% in the first half of 2019 from the previous six months, according to Electric Capital. The project lost the most developers of all other top cryptocurrencies.
• Guy on reddit goes through one of those discord scams to see how it works.
• This one is called razebit
• Basically on discord they say you won some btc.
• Then he goes to the site, signs up with throwaway. Says it looks fairly legit. He can see that he has BTC in his account.
• Tries to withdraw it, and there's an error that says he needs to deposit .02 BTC before his account is verified.
• Just an advanced verdion of the nigerian prince scam.

BULLISH OR BULLSHIT

• "Literally No One Is Trading BAKKT Options" (CoinDesk)
• Trading volume on the Intercontinental Exchange's BAKKT platform have completely dried up. Not a single Bitcoin options contract was traded last week and the last one was January 17th. It launched the first regulated bitcoin options contract on Dec 9th and while it saw over $1mill worth of bitcoin options in it's first four weeks.
• Solid numbers initially but when compared to the Chicago Mercantile Exchange, it's pretty weak. Their first day of bitcoin options was $2.3mill
• BAKKT Futures had a record 6,600 contracts of trading volume on Dec 18th, CME had a daily average of 6400 in 2019.
• So I ask, do you think Bitcoin options is ever going to be a thing?

• Dubai Set To Launch It's Own Tax-free 'Crypto Valley' (Decrypt)The Dubai Multi Commodities Center (DMCC) is set to establish it's own Crypto Valley in the United Arab Emirates.
• Announced last week at Davos, the DMCC has teamed up with a Switzerland based CV VC, to build out the sector devoted to blockchain and cryptocurrency innovation within the UAE. Coworking faciilities, mentorships, education, all focused on the crypto space.
• It will be situated in one of Dubai's free zones—meaning there are no personal, corporate, or withholding taxes. Businesses get to keep 100% of what they earn!
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Hello hello hello! Welcome to another episode of Flagship Friday, our weekly show where we cover all kinds of crypto news and shenanigans. This week we're talking about things like new bills concerning taxation and crypto, as well as Canada's fresh new way of looking at things crypto related.

Also, Peter Schiff's 7-step program to not making any sense will a-maze you. Finally, Venezuela is unfortunately doing worse and worse, and scammers do, in fact, still be scammin. What a life. Tune in now!

Dive into the cryptoverse with us on this episode of the Crypto Basic Podcast.



• Rapid Fire
• Pornhub is using Tether since PayPal has banned them. WHAT A PUNTOMG it's even worse. They're using the TRON version of USDT lmao.
• Brave MOBILE loads websites significantly faster than Chrome or Firefox - up to 3x or 6x faster using less memory and data.
• Iota released a new coordicide whitepaper.
• Remember that Telegram Token sale that had to be refunded? Well they actually did it .They promised a launch date refund if they didn't launch, and refunded. Good on them.
• Bill Proposed For You To Only Pay Taxes On Profits Over $200 - B
• So this bill would say that transactions would not be subject to gains unless it's over that amount. Apparently 95% of transactions on chain would fall into this category.
• Bill was introduced in the House of representatives.
• It's long and confusing, and there was a top post on Reddit even saying that this would re-classify crypto into currency and make it worse for tax reasons, but this isn't the case.
• It simply creates one more exemption that says that these transactions that result in $200 or less profit, are fine.
• Right now, if I were to buy 1 bag of coffee from you every month with my Bitcoin, it would create tax issues for you, and me. That's not the case with money, so it's a step in the right direction.
• Peter Schiff is an idiot, but we can learn from it. - B
• Step 1
• I just lost all the #Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never realized it was this bad!
• Step 2
• Since all the Bitcoin in my corrupted wallet were gifted to me, it's not that great a tragedy for me that they're lost. "Easy come, easy go," is especially true for #Bitcoin. My plan was to HODL and go down with the ship anyway. The difference is that my ship sank before Bitcoin.
• Step 3
• So much fake news about how I forgot my wallet password. Can't #Bitcoin pumpers be honest about anything? I was very clear that I didn't forget my password. My wallet no longer recognizes my correct password. Plus what's up with over 3K people liking that I lost my Bitcoin?
• Step 4
• Had I actually forgotten the password to my #Bitcoin wallet it would be OK as I would eventually remember it, or figure it out by trial & error. But since I know my password and it doesn't work, there’s no way to guess a new random password that may or may not unlock my wallet.
• Step 5
• My #Bitcoin mystery is solved. I mistook my pin for my password. When Blockchain updated their app I got logged out. I tired logging back in using my pin, which was the only "password" I had ever known or used. I also never had a copy of my seed phrase. Honest but costly mistake!
• Step 6
• To clarify my last tweet I was not able to recover my #Bitcoin. Since I never actually knew my password, just the pin, and never had a copy of my seed phrase, I have no way to recover the Bitcoin. So the problem was not a corrupted wallet, but my confusing a pin for a password.
• Step 7
• A lot of people are making fun of me for confusing my pin with my password. I made a mistake and it cost me my #Bitcoin. But confusing Bitcoin for money is a much larger mistake and those who are making it will lose far more than I did!
• Canada Getting On Board with "Not your keys, not your bitcoin" - B
• The CSA has released a notice that they intend to propose the elimination of internal ledgers.
• This means that exchanges that do this internal ledger practice need to register as Securities with the CSA .
• There are definite repercussions here. If they aren't holding funds, then money laundering becomes easy and can be done without the exchange knowledge.
• This can't be done on chain with BTC so would require solutions. If it goes into effect, their exchanges would essentially need to shut down.

• Slice of prime Zurich real estate sold on blockchain -K
• A building on Zurich’s most exclusive shopping street has been converted into a blockchain-powered investment following its $134 million sale.
• Bahnhofstrasse 52, bought by Zug-based real estate investment firm BrickMark
• 20% BrickMark funded about 20% of the purchase by giving the seller, RFR Holding, a batch of its new tokens
• collect recurring payments of rental income
• RFR is legit, bought Chrysler building
• Venezuela Cash Hoard Sinks Below $1 Billion - K
• Venezuela’s central bank now has only about $800 million left in cash
• $200 million of other liquid assets
• country holds some 73 tons of gold in local vaults, (did the math, $3.6b)
• But selling it is tough because US cut off Maduro regime from global network of buyers, banks, & middle men
• 32 tons of that gold is in London, Bank of England. Maduro has asked for it back but they dont recognize him as the country's legitimate leader

• Convicted Hedge Fund Fraudster Plays Crypto -K
• This guys was lying to people in the company, fake name and everything
• Boaz Manor, "Shaun MacDonald" was pretending to be product designer/management consultant
• employees of CG Blockchain quit en masse, guy thinks they're over reacting
• Dude was lying, claimed 20 companies paying $1m each to use product.
• Would use aliases & change appearance
• Uses buddy as cover for ownership Edith Pardo, 68 yr old attorney who invested $3m into CG Blockchain
• Welp he had stolen like $100m from hedgefund, released early from prison but with lifteime ban from securities industry
• His buddy got arrested, this dude still at large

r/CryptoCurrency - I have created a list of cryptocurrency scams happening right now. I ended up losing some money last week and I don't want anyone to lose as well. So I researched on various scams taking place. If I have missed any please comment below..I will add it.

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Today we have a new episode format for you! It's called Red Flags, and in it we're gonna be going over some of the crypto projects of the world that are, let's say... questionable. After reviewing certain events or clues that might be considered red flaggish, we'll be giving our final verdict. So, for the first installment we'll be going over coss.io, a crypto exchange with a troublesome past and worrisome present. The future still lies ahead, but we're not convinced that it's gonna be good news for anyone involved. Tune in now!

Hello everyone! Welcome to Flagship Friday.

This week we're going over blockchain development's rise in demand, Akon founding a city and Craig Wright... again. Tune in for more!

• Rapid Fire
• Blockchain is Most In-Demand Skill in 2020 LinkedIn ReportCompanies weren't even looking at blockchain a year ago and now it's the top in-demand hard skill—beating out other hot skills like AI and cloud computing.
• Warren Buffett had his worst year in a decade.Berkshire Hathaway lagged behind in 2019. While it did perform at a reasonable 11% in 2019, it lagged behind the S&P in 2019 which posted a 29% return. Sure, Berk still has 700 Billion with a capital B but his unwillingness to hop on the Bitcoin bandwagon seems to be having an effect.
• Luxury giant Kering certifies its watches with Bitcoin.Ulysee Nardin, the Swiss watchmaker behind Kering, is using blockchain to certify the authenticity of it's watch.
• The idea is that the watchmaker will log each watch on the blockchain, meaning owners can rest in the knowledge that they have a one of a kind timepiece. It also means that they won't be swindled, and sold a fake.
• Once bought from Ulysee Nardin, a customer will receive a PDF that contains all the information about the watch, such as the serial number, model, and warranty information. With that, the customer can trace the watch on the Bitcoin blockchain's immutable ledger. This will be handy when selling the watch, as this information can be used to certify the watch's authenticity, as well as its maintenance history.
• List of prices where mainstream media declared Bitcoin dead. Karim what's BTC at currently? (Twitter)
• https://twitter.com/bloqport/status/1214887680686858240
• Space gets just a bit less scammy - K
• We had 518 blockchain and crypto projects falling by the wayside in 2019
• still marks a 20% decrease from the previous year.
• largest number of cryptocurrency projects disappeared during the early months of 2019 (the deep red)
• 115 folded in January, with 48 collapsing in February and a further 120 in March
• remember deadcoin?Deceased, hack, scam, and parody
• Most dead projects were scams (55% in 2018, 58% 19)
• Most scams seem to have a life cycle less than 1 yr, 1-3yr for legitimate fails
• SEC Issues IEO Investor Alert - B
• Here's the quick version - IEO's are basically now on the radar of the SEC.
• They use a lot of wishy washy languge, but the end result is very similar to the ICO announcement years ago. You might have more to deal with if you're holding an IEO coin.
• They also explain a lot of the things that are completely true about the space - scams etc.
• 20 Blockchain Predictions for 2020 (Adam)
• Former head of Global Business Development at ConsenSys makes 20 predictions for 2020. He's been heavily involved in the space for years and is now a managing partner at DARMA Capital. He has made yearly predictions within the space since 2016.
• We've heard this analogy before but Ethereum rn is like dial-up internet in 1996 running at 14.4kbps.
• US will have to play catchup after China made big moves into crypto and blockchain
• Ethereum 2.0
• Radically altered blockchain landscape by 2021
• the tale of Libra will continue
• Sleeping giant of blockchain—supply chain awakens
• Coinbase had to payup for some random exchange called Cryptsy? - B
• So this is kinda weird, but it's Coinbase so I like shitting on them.
• They lost nearly $1M in a lawsuit that's been in court for the last 3 years.
• Apparently this Cryptsy exchange pulled a MtGox back in 2015 and got away with quite a bit.
• Apparently they were able to launder this money on Coinbase.
• Coinbase was just found liable for not having a better money laundering control system.
• Nakamoto Awakens - K
• Craig Wright files notice of compliance with the court, saying the bonded courier he said would bring him the keys to Satoshi wallets finally arrived
• But defense said it was just a list of addresses
• “Craig, however, did not provide any information on the bounded courier, the company he/she worked for, when he/she came, or the message delivered.”
• And Bitcoin SV went up over 100%, before the news droped.
• Attorney Steven Palley
• “I’m not saying that the list is or isn’t authentic,” he said in a tweet. “I am saying that this is a guy who two federal judges have basically called a liar and he just opened a new Pandora’s box of discovery. So it may not end well.”

• AKON IS OPENING A CRYPTO CITY LFG - B
• Akon is apparently from Senegal, so he was able to get his ancestal home to agree to let him create Akon City.
• Akon City will have its own currency: Akoin.
• It will consist of 1000 Acres
• They expect Akon city to be open in 2025.
• Akoin still isn't out yet, but it will in July .
• He also almost ran for president. HE WAS THIS CLOSE
• UN officials warn against attending North Korea cryptocurrency conferenceattendance could count as a violation of sanctions.
• North Korea under U.N. sanctions since 2006 over its nuclear and ballistic missile programs.
• They had their first one in April, and thats the one Virgil Griffith got arrested for
• been released on $1 million bond
• Uzbekistan is looking to create a national cryptocurrency mining pool and digital asset exchange (The Next Web) - A
• To incentivize foreign and domestic miners to work together. Miners that join the pool will receive discounted electricity rates. They want to increase transparency and security in cryptocurrency mining as well as help energy efficiency in the sector.

• COSS.io Exit Scamming?
• Not sure yet, but we've got some red flags flying.
• I actually owned some coss at some point, but I saw some serious UI flags back in the day so I got out quickly.
• Red Flag - Coss suspended all withdrawals without warning for 3-4 WEEKS. Not days, hours, WEEKS. They said they were migrating all users to a new platform.
• Red Flag - The e-mail went out to tell everyone 9 minutes AFTER the exchange actually pulled all ability to withdraw.
• Red Flag - One of the mods was removed as a moderator of the CossIO subreddit. According to him, he was very against deleting any of the bad press. Only those active at deleting negative comments were allowed to stay. Reddit mods are anonymous, but this could very well be someone who works there.
• Red Flag (CEO) - The CEO is Rune Evensen. One of his last Ventures? A company called SiteTalk, which was an MLM for virtual products. The primary way to make money on Site Talk wasn't selling these items, but convincing others to convince others to buy them. This was back when myspace was in existence.
• BehindMLM.com -
• TWITTER
• Red Flag (CEO) - Rune was connected with Sebastian Greenwood on Linked in, he was also the top seller of the One Coin scam (another MLM, the one that got real big) . They were also connected on SiteTalk.
• Exit
• Please join the conversation in the Discord. We're in there all the time.
• Rate us on iTunes.
• Follow CryptoBasicBrent on Reddit.
• We are not Financial advisers.

Welcome, ladies and gentlemen, tooo... The Crypties 2019! - our YEARLY award show where we give awards out to the people, companies and even events that deserve them. We've got old categories, new categories, serious categories - like Crypto Person of the Year, and dumb categories - like the Carlos Matos Award (self-explanatory). Join us in the gala and see you in the afterparty!

• Favorite Person in Crypto 2019 - K
• Charles Hoskinson
• Peter McCormack
• CZ - WINNER
• Andreas Antonopoulos
• Andrew Yang
• Craig Wright Award (Biggest Douche in the Cryptoverse) 2019 - A
• Craig Wright
• Mark Facebookerg
• Substratum Community
• Gerald Cotten
• Justin Sun
• Matos Award (THATS A SCAMMM) - B
• Quadriga CX
• The Binance $40M Hack
• Bitcoin Hex
• Tether
• Scammers Impersonate Us
• SIM Scam
• Brock Pierce and the EXW Walllet Convention (Happened 2 days ago - promises .33% daily return generate by a trading bot)
• Biggest Disappointment 2019 K
• Bakkt
• Cardano
• Iota's Coordicide
• Bitcoin Dying
• Ethereum 2.0
• The Lightning Network
• The Brent Philbin Award For Usablility 2019 (why was this mine?) B
• Cash App's Bitcoin
• Brave Browser
• Enjin ERC1155 Tokens
• Maker's Leverage Platform
• Crypto Around The World's Hurrah-Crypto-Law Award K
• France - Crypto-to-crypto trades are not taxable.
• Germany - Banks are allowed to work with cryptocurrencies.
• Iran - Endorses mining of crypto, considers it Industrial activity (licence required)
• New Zealand - bitcoin and several other coins are approved as salary payment alternatives
• Favorite Altcoin Project 2019 - B
• Cardano - Staking Pools
• Maker - Multi-Collateral DAI
• Tron - DLive :)
• Nano - Unreal Integration
• XLM - Partnership with IBM for international payments.
• Weather the storm 2019 - A
• Tether
• Tron
• Bitcoin SV
• Ethereum Classic
• EOS
• Cmon Mannnn K
• Charles Hoskinson tries to fight Chico Crypto
• Justin Sun buys dinner time with Warren Buffet but has Kidney Stones
• Craig Wright Cries in Court
• Justin Sun announces partership with Liverpool FC, Liverpool denies it
• CryptoBasic Lowest Lows 2019 B
• Adam Defends Tron
• Brent has to take a shit and misses Andreas Antonopoulos episode.
• Mike Leaves the show
• Adam Joins the show.
• Favorite Episode 2019 A
• Joel Comm, Matthew Aaron, and Hashoshi on a round table panel.
• Bitcoin Takeover Podcast Crossover
• Andreas Antonopoulos
• Peter McCormack
• ZuckBucks with Colin Fausnaught
• Worst episode 2019 B
• Collectively having too many flagships
• Marius Kramer - Emberfund Manager
• Bitcoin 102
• SXSW Recap Episode
• The Adam Levy Tron DAPP award -A
• Nah I'm kidding fuck that
• The Adam Levy Best Crypto Hype Man Award
• @Adam Levy You're the social media guy - who are the crypto hype men?
• Andrew "Pomp" Pompliano (@APompliano)
• Russel Okung (@RusselOkung)
• Ari Paul (@AriDavidPaul)
• Charlie Shrem (@CharlieShrem)
• Jason Award - Behind the Scenes Champ 2019 K
• Jason -
• PeaStew
• Jason but in Greek
• Wild Foods
• CBP Discord User of 2019 A
• CryptoPeaStew
• Derpyderp
• TheBlackBrant
• Hacker
• The bigger boat
• The Zman
• Looking ahead to 2020 K
• What story or trend is holding your attention going into 2020?
• K - Fragmented world & How will crypto/bitcoin respond in the upcoming crisis
• B - Google's interest or distaste for the Crypto Space
• Ethereum 2.0
• Where’s the bull market??