Daily Crypto NewsEDITION #319, 04 October 2021

KuCoin leaves China. Once again!

Hey Moni Maker

Today is Animal Welfare Day all over the world. It's also the beginning of Space Week! So, let's put this puzzle together. Come on, Watson, let's solve this puzzle.

Space Week + Animal Welfare...our hamsters are finally flying to the moon?! Ha! Digest will be watching! Let's go!

KuCoin is the latest cryptocurrency exchange to shut down accounts of mainland Chinese residents after the People’s Bank of China issued another blanket ban on crypto trading last Friday.

According to an announcement today, the Seychelles-based exchange first “cleared and refunded users in mainland China” in September 2017 following China’s first ban on crypto exchanges. KuCoin said it had finished removing Chinese users by early October 2017.

Last Friday, just after the People’s Bank of China said that cryptocurrency speculation breeds illegal activities that “seriously endanger the safety of people’s property,” and banned all crypto trading, KuCoin “immediately conducted a technical self-inspection to ensure that the company's business process comply with the regulatory requirements of mainland China.”

So what?

Are you watching? Can you see this? The picture is called "How to kiss Progress”. All the comments, remarks, and other feedback, but alas, you can't give it to the artist. He's got his firewall.

Visa wants to build a universal hub to exchange stablecoins and central bank digital currencies.

It's calling the proposed Layer 2 a "universal payments channel."

The project is still in its early stages.

S2F aka Stock-To-Flow is working!

August - $47k.

September - $43k.

October - $63k.

November - $98k.

December - $135k

ToTheMoon is real?

Cold Wallet is an offline wallet that used as storage for cryptocurrencies. Cold wallet also stores user's address, private key and don't have an access to Internet, that's why it's protected form online hacks and exploits. Great examples of cold wallets are: Ledger Nano, Trezor wallet, paper with a private key in your strongbox.

And more you can find in our Glossary!

And you...buy Bitcoin! (it's a good time!)