The top 4 reasons Edward Snowden deserves a fair trial | TheHill – The Hill

Its been nearly seven years since Edward Snowden shook the world by orchestrating the largest security leak in world history. Still today, little question remains as to how profoundly Snowdens courageous actions impacted the conversation on mass surveillance not just within the U.S., but around the world.

"Of course I would like to return to the United States," said Snowden in a September 2019 interview with CBS. "But if I'm going to spend the rest of my life in prison, then one bottom line demand that we all have to agree to is at least I get a fair trial The government wants to have a different kind of trial They want to be able to close the courtroom. They want the public not to be able to know what's going on.

As Congress argues over whether to renew the Foreign Intelligence Surveillance Act (FISA) before the approaching expiration date of March 15 (an act that would allow federal officials to continue seizing business records by extending Section 215 of the Patriot Act), the time is now to understand why Snowden should be afforded a fair shot in the courtroom.

In June 1917, Congress passed the Espionage Act in an attempt to prevent insubordination within the U.S. military and silence critics of Americas involvement in World War I. In his 1915 State of the Union address, President Woodrow Wilson begged Congress to pass the law, declaring, Such creatures of passion, disloyalty, and anarchy must be crushed out they are infinitely malignant, and the hand of our power should close over them at once.

After the bills passage, antiwar activist Charles Schenck was arrested for distributing flyers encouraging men to resist Wilsons draft. That same year, socialist Eugene V. Debs was sentenced to 10 years in prison, stripped of his citizenship, and disenfranchised for life over a speech he made criticizing the war. In January 1919, the Supreme Court heard the cases Schenck v. United States and Debs v. United States, concluding that neither mans arrest constituted a violation of the First Amendment.

Then, in 1973, the law was unsuccessfully used against economist Daniel Ellsberg, the man behind the release of the Pentagon Papers in 1971. Following repeated attempts on part of intelligence officials to intimidate The New York Times into ceasing publication of the documents, an appellate court finally succeeded in temporarily ordering the newspaper to discontinue publication. While the courts eventually restored publication rights to the press, other victims of the Espionage Act throughout history have not been as fortunate, including journalist Victor L. Berger, activists Emma Goldman and Alexander Berkman, former U.S. Army soldier Chelsea Manning, and former Defense Intelligence Agency (DIA) employee Henry Kyle Frese.

In reviewing the advances that have been made in recent decades towards the construction of an Orwellian national security state, its not overstating it to say what once seemed possible only on the ink-lettered pages of dystopian science fiction novels has entered the realm of reality.

A 2016 study from Georgetown University, for example, estimates that at least one in four state or local police departments in the U.S. now have access to facial recognition software. Coupled with the steady increase in surveillance cameras, its not difficult to see where the current trends are headed. In 2019, the estimated number of surveillance cameras in the U.S. stood at 70 million; experts now estimate this number to reach 85 million by 2021.

And when it comes to the data, the only country with a surveillance apparatus worthy of comparison to the U.S. is communist China, where police officers regularly sport facial recognition glasses and artificial intelligence to hunt down suspects and political enemies. Tragically, Beijing recently began weaponizing these technologies against the countrys Muslim and minority populations (particularly in the Xinjiang region).

Even considering the fact that China has more than four times the population of the U.S., however, the two countries stand neck-and-neck in terms of the number of cameras per individual; while China holds an average of one camera for every 4.1 people, the U.S. trails closely behind at 4.6. By a similar metric, the U.S. surpasses China with more closed-circuit television (CCTV) cameras per person. To no surprise, this has predominantly impacted Americas major cities; Chicago, for instance, now has 30,000 surveillance cameras, equipped with night vision, facial recognition, and license plate-reading technology.

Roughly 66 percent of Americans agree that the potential risks outweigh the benefits regarding government collection of data, according to polls released by the Pew Research Center in November 2019. Out of the same pool of respondents, 84 percent answered that they feel very little or no control over the data collected about them by the government.

A similar poll released by Morning Consult in December 2019 found that 79 percent of Americans believe Congress should make crafting a bill to better protect consumers online data a priority, while 65 percent answered that data privacy is one of the biggest issues our society faces and legislation is needed to stop data breaches.

Ironically enough, it seems as though the American surveillance state wants everything monitored and scrutinized except itself. Shielding the so-called intelligence community from the public eye is a towering wall of government agencies, unaccountably bureaucratic review processes, and strict nondisclosure agreements designed to muzzle dissenters. One day after the release of Snowdens memoir Permanent Record in September 2019, the Justice Department filed a civil lawsuit against him for alleged breaches in previous nondisclosure agreements.

Regardless of what people think of Snowden, it is irrefutable that, without others like him, a tremendous amount of our governments failures and atrocities would go unseen (as untold scores likely already do). Without Daniel Ellsberg, the world would be oblivious to the true extent of Lyndon B. Johnson lies surrounding Vietnam. Without Mark Felt, Richard Nixon might have finished a second term as president. And without Edward Snowden, the realization that the American government is spying on its own citizens would have never occurred.

Politicians pay lip service to the Constitution. Snowden put his life on the line to defend the Fourth Amendment and the right to privacy for every American. The least we can do is offer him a fair trial.

Cliff Maloney is the president of Young Americans for Liberty (YAL).

*DISCLAIMER: For the record, Cliff Maloney is not the Cliff Snowden references in Permanent Record.

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The top 4 reasons Edward Snowden deserves a fair trial | TheHill - The Hill

Edward Snowden warns about an upcoming bill that threatens digital security and freedom of speech. – Coinnounce

US Senators Lindsey Graham (R-SC) and Richard Blumenthal (D-CT) introduced a bill that threatens the digital security and freedom of speech in the United Nations. The proposed bill EARN IT forces providers of the private messaging services to serious legal risk, potentially forcing them to undermine their tools security. Edward Snowden warned about the proposed bill.

The former NSA agent and the well-known whistleblower Edward Snowden tweeted that the government is attempting to exploit anger at tech companies to pass a law that intentionally undermines digital security and censors speech. He added that such a law is even being considered by Congress is a national disgrace. Online privacy advocate Edward Snowden, the author of Permanent Record, revealed how the National Security Agency had tools of mass surveillance and used them to spy on the USA and foreign citizens.

The proposed bill undermines section 320 that permits the online platform to allow its users to share their thoughts on their platforms without any fear. EARN IT act weakens section 320, forcing platforms to kick innocent people off of the Internet entirely. The bill aims to protect child exploitation on the Internet and forces online platforms to adhere to best practices.

This is not the first time US lawmakers have blamed end-to-end encryption for weakening national security and child exploitation, earlier Attorney General William Barr, blamed encryption for sexual crimes against children

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Edward Snowden warns about an upcoming bill that threatens digital security and freedom of speech. - Coinnounce

Over Objections From Privacy Advocates, Tame Surveillance Bill Sails Through the House – Reason

It took all of a day after the text was released for the House of Representatives to vote for a surveillance reform and reauthorization bill that privacy groups (and some members of Congress) say doesn't go nearly far enough.

On Tuesday evening, Reps. Jerry Nadler (DN.Y.) and Adam Schiff (DCalif.) released the text of the USA Freedom Reauthorization Act. On Wednesday evening, it sailed through the House by a vote of 278136.

The bill renews but revises the USA Freedom Act, which was passed in 2015 after Edward Snowden revealed that the National Security Agency (NSA) had secretly been collecting and storing massive amounts of Americans' phone and internet records. The USA Freedom Act was a compromise between those who pointed out these acts violated Americans' privacy and Fourth Amendment rights and those who insisted the United States needed the info to fight terrorism. The law allowed the NSA and FBI to access these collected records under more strict guidelines and authorized the use of roving wiretaps to keep track of "lone wolf" terrorists.

The USA Freedom Act sunsets this weekend, and privacy activists on both the left and the right have used the opportunity to push for stronger protections from secret surveillance and unwarranted data collection.

Last night's vote suggests we will not see tougher reforms. The bill does include some milder (but nevertheless welcome) changes. It ends the records retention program entirelynot as big a deal as it might sound, since the NSA has already abandoned it. The Foreign Intelligence Surveillance Amendment (FISA) Court will have modestly expanded powers to bring in outside advisers when the feds want a warrant and to review decisions.And the attorney general will have to sign off on any secret surveillance warrant applications that target federal officials or federal candidates for office. But the bill does not grant civil libertarians' demands for limits on how business records can be secretly collected and used, for stronger protections against secret surveillance of First Amendmentprotected activities, and for a stronger role for those outside advisers.

The vote did not follow party lines. There is a consistent group of Democrats and Republicans who support strong privacy and Fourth Amendment protections, even if they don't see eye to eye on most other issues. Among the 60 Republicans who voted against the limper reforms were Louis Gohmert of Texas, Thomas Massie of Kentucky, Jeff Duncan of South Carolina, and Tom McClintock of California. Among the 75 Democrats who voted no were Zoe Lofgren of California, Alexandria Ocasio-Cortez of New York, Ted Lieu of California, Rashida Tlaib of Michigan, and Tulsi Gabbard of Hawaii. Independent Justin Amash of Michigan also voted against the bill.

But they're the minority. The larger, more establishment-minded leadership of Congress seems fine with kicking the can down the road yet again (the law will sunset once more in 2023) and reforming as little as they can get away with.

One of the more notable "yea" votes comes from Rep. Devin Nunes (RCalif.). A vocal defender of the president, Nunes has long insisted that the feds and the FISA Court abused their powers when they snooped on Trump aide Carter Page. (Subsequent investigation shows he was right to be concerned.) Nunes has even gone so far as to call for the entire FISA Court to be dismantled. Yet when it came time to vote, he, like he has done historically, voted to preserve the wider surveillance authorities.

This bill wouldn't have done anything to stop the FBI from wiretapping Page. He was neither a candidate for office nor a federal official at the time. But it will make it harder for the feds to wiretap Nunes.

The legislation heads over to the Senate now, where Rand Paul (RKy.) is trying to use his influence over Trump to stop the bill and demand stronger reforms. A tweet from Trump suggests Paul has the president's ear:

We went through this once before. That time, Trump wound up approving legislation that actually expanded the feds' authority to secretly spy on American citizens. Let's hope this isn't yet another case where the people in power care only about whether they are the ones being surveilled.

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Over Objections From Privacy Advocates, Tame Surveillance Bill Sails Through the House - Reason

Congress Is Ready for Surveillance Reform Will the House Rise to the Occasion? – brennancenter.org

This was originally published by Just Security.

Something quite unusual happened last fall. After an internal Justice Department watchdog reported that the government had submitted flawed documents to get court approval for surveillance of former Trump campaign aide Carter Page, Republicans who had long supported broad surveillance powers began calling for greater civil liberties protections. A rare window opened for reform of the Foreign Intelligence Surveillance Act (FISA)the law that governs surveillance of suspected terrorists, spies, and other foreign agents. That window coincides with an upcoming deadline to reauthorize three expiring FISA authorities, providing a perfect opportunity for Congress to make much-needed changes.

Something much more ordinary is happening now: Members of Congress are poised to let this opportunity pass them by. Senators Ron Wyden (D-Or.) and Steve Daines (R-Mont.) have introduced astrong, bipartisan reform bill, but the administration and intelligence hawks in Congress are seeking straight reauthorization without reform. The House Judiciary Committee decided to split the baby, and on Monday unveiledmodest reform legislationthat is missing key safeguards against surveillance abuse. Committee members should insist on strengthening the bill when it goes to markup on Wednesday.

What weve learned since the last reauthorization of Section 215

The main authority at issue is Section 215 of the 2001 USA Patriot Act, which amended FISAs business records provision. It allows the government to get an order from the secret FISA Court compelling a third party, such as a bank or telephone company, to turn over any tangible thing in their possession. The government need only show that the item is relevant to an ongoing counterterrorism or foreign intelligence investigation.

This is one of the lowest legal standards availableso low, in fact, that the FISA Courtinterpreted itto justify the National Security Agencys (NSA) indiscriminate or bulk collection of Americans telephone records, based on the theory that some relevant information must surely buried within them. Whats more, while the government cannot obtain thecontentof phone calls or emails under Section 215, it can obtain information that is often every bit as personal, such as medical records, book sales, library records, and tax returns.

In 2015, after Edward Snowden revealed the NSAs phone records program, Congress passed the USA Freedom Act to prohibit bulk collection under Section 215 and other FISA authorities. But there were two flaws in Congresss approach. First, instead of requiring the government to focus on individual suspects, Congress allowed the government to collect information about entire companies, organizations, and IP addresses, which can encompass thousands of people. Civil liberties advocates thus feared that bulk collection might simply be replaced with bulky collectioni.e., collection that is tied to a particular target but still sweeps in the information of large numbers of innocent Americans.

A second problem was that Congress created a new program within Section 215 for collecting Americans phone records. Under the so-called CDR Program (for call detail records), the government can collect the phone records of suspected terroristsandanyone who has ever been in contact with them. Withtwoindependentexecutive branch commissions having concluded that the NSAs bulk collection program provided little to no counterterrorism value, it was unclear why a scaled-down version was deemed necessary.

Five years later, we can see how these flaws have played out. The law requires the government toreportboth the number of targets of Section 215 orders, and a number that indicates how many peoples information is actually collected. There were 56 targets of Section 215 orders in 2018, but 214,860 people had their information collected under those orders. If that isnt bulky collection, its hard to think what is.

As for the CDR program, it has been, without exaggeration, a disaster. Although intended to replace bulk collection, itswept inmore than a billion phone records between 2015-2018. Moreover, in 2018, the NSAdisclosedthat it had been collecting data it was not legally authorized to collect, due to technical problems it was unable to fix. NSA officials bluntlyadmittedthat the program wasnt generating sufficient benefit to justify its continuance, and the agencydecidedto pause collection in early 2019. A government study declassified and released todayconfirmsthat the program provided scant value while costing $100 million to operate.

The opportunity now

As a starting point, any legislation to reauthorize Section 215 must revoke authorization for the CDR program. Even the leaders of the Senate intelligence committeewhich is notoriously pro-surveillance and anti-reformhaveacknowledgedthis necessity.

Thebilloffered by Senators Wyden and Daines, with a companion bill offered by Representatives Lofgren (D-Ca.), Jayapal (D-Wash.), and Davidson (R-Ohio), would go much further. It would tackle the problem of bulky collection by limiting the targets of Section 215 collection to foreign powers, agents of foreign powers, or people in contact with thembasically, people who could themselves be legitimate focuses of a counterterrorism or foreign intelligence investigation.

Their proposal would also take on a host of other problems with FISA. For instance, the governments default practice is to keep the records it collects for at least five years, even if the information is highly personal and contains no evidence of wrongdoing. This exposes Americans private data to theft, negligent mishandling, or abuse. The Wyden-Daines bill would require the government to delete data within three years unless it is determined to constitute foreign intelligence. It also specifies certain categories of data, such as geolocation information and web browsing history, which the government must obtain a warrant to access. And it includes several provisions that would enhance transparency and oversight of the FISA process.

The billoffered by the House Judiciary Committee, by contrast, is much less ambitious. It would end the CDR program, as it must. But it would do nothing to address the problem of continuing bulky collection under Section 215. It allows the government to continue hoarding the data of innocent Americans. It prohibits the use of Section 215 to collect items that would otherwise require a warrant, but it does not specify what any of those items are, leaving the government with far too much wiggle room to rely on its own cramped legal interpretations of the Fourth Amendment. And its transparency and oversight provisions, while important, are less far-reaching than those in the Wyden-Daines bill.

Committee members should insist on amendments to fill these gaps during Wednesdays markup. Opportunities to build meaningful civil liberties protections into our sprawling surveillance laws are few and far between. The politics of fear that underlie most national security debates generally create a one-way ratchet, in which government authorities grow ever broader while protections for Americans privacy are eroded. We are in that rarest of moments in which Democrats and Republicans alike are calling for civil liberties enhancements. The House Judiciary Committee should not allow this moment to pass with a business-as-usual compromise between the reform seekers and the defenders of the status quo.

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Congress Is Ready for Surveillance Reform Will the House Rise to the Occasion? - brennancenter.org

Bitcoin falls past $6,000, leading a cryptocurrency rout as global markets slip on coronavirus concerns – Business Insider

  1. Bitcoin falls past $6,000, leading a cryptocurrency rout as global markets slip on coronavirus concerns  Business Insider
  2. Cryptocurrency Market Update: Bitcoin tumbles to $7,300, why no one wants to buy the dip?  FXStreet
  3. Bitcoin, Ethereum, XRP Nosedive Strategist Says Trump Effect Underway in Cryptocurrency Markets  The Daily Hodl
  4. Rare Bitcoin Price Chart Pattern May Be the Cryptocurrencys Last Hope  newsBTC
  5. Ethereum Price Analysis: ETH Sees 30% Sell-Off As Cryptocurrency Market Risk-On Develops $100 Next?  Coingape
  6. View Full Coverage on Google News

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Bitcoin falls past $6,000, leading a cryptocurrency rout as global markets slip on coronavirus concerns - Business Insider

[Updated] The Real Reason Behind Bitcoin And Cryptos Massive $50 Billion Crash? – Forbes

Bitcoin and cryptocurrency priceshave fallen sharply over the last few days,with around $50 billion wiped from crypto markets.

[Updated: 07:32am EST 03/12/2020] The bitcoin price, which had been trading around $10,000 per bitcoin just last week, is now down almost 30% over the last seven days after suddenly plummeting this morning and wiping out all its 2020 gains. Bitcoin earlier collapsed to under $6,000 per bitcoin, sending many other major cryptocurrencies, including ethereum, Ripples XRP, bitcoin cash, and litecoin, even lower. Read the full story here.

Bitcoin's sudden sell-off was put down to global market turmoil sparked by oil cartel Opec's failure to agree to a supply cut, sending the oil price to historic lows, but some think bitcoin's move lower could have its origins elsewhere.

The bitcoin price had climbed through the first few months of 2020 but the recent falls erased ... [+] almost all it year-to-date gains.

"The sudden drop in prices seems to arise out of the selling of [bitcoin] by PlusToken," the chief executive of India-based cryptocurrency exchange CoinSwitch.co, Ashish Singhal, told bitcoin and crypto industry news site CoinDesk.

PlusToken, a Ponzi scheme that swept China and Korea over the last few years, saw around $2 billion worth of bitcoin and other cryptocurrencies stolen from investors.

Last Saturday, ahead of the traditional market rout caused by Opec, PlusToken scammers moved a little over $100 million worth of bitcoin to so-called mixers, designed to disguise the origin and destination of the coins.

The fraudsters may have then sold off the bitcoins, causing prices to fall as supply flooded the market, according to Singhal.

The bitcoin price fell by almost $1,000 per bitcoin on Saturday, before stock markets and other assets crashed.

"PlusToken scam moved another 13,000 bitcoin's yesterday," bitcoin and cryptocurrency analyst Kevin Svenson said via Twitter on Sunday.

"They also did something similar after bitcoin crossed above $10,000 this year. They are slamming the market with sell orders. Essentially we have a giant whale unloading after every move up."

Bitcoin has been battling against falling trading volumes and stalled adoption in recent months (though that's not stopped some from betting big on the number one cryptocurrency).

When trading volumes are low the market is more susceptible to manipulation by big traders.

The bitcoin price has lost around 20% over the last month, all but destroying the narrative that ... [+] bitcoin had begun performing as a so-called safe-haven asset.

Many have taken the latest fall in the bitcoin price as proof it is failing to act as a so-called safe-havenan idea that had gained popularity in recent months as bitcoin rose in the face of escalating U.S. and Iran tensions and then apparently gaining on fears the coronavirus could knock global trade.

Traditional safe-haven assets, such as gold and the Japanese yen, usually move higher in times of greater risk and uncertainty.

"Bitcoin is down 8% in the last day, much more than global equities," Nobel prize-winning economist and outspoken bitcoin critic, Nouriel Roubini, said on Sunday night viaTwitter.

"Another proof that bitcoin is not a good hedge versus risky assets in risk-off episodes. It actually falls more than risky assets during risk-off."

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[Updated] The Real Reason Behind Bitcoin And Cryptos Massive $50 Billion Crash? - Forbes

The unlikely cryptocurrency bill that went to Congress – Decrypt

A new cryptocurrency bill is being floated in front of congress this week. The proposed cryptocurrency act of 2020 intends to split cryptocurrencies into three distinctions: Commodity, Security, and Currency.

According to Marshall Hayner, founder and CEO of crypto payments firm Metal Pay, the bill will "fundamentally restructure" cryptocurrencies in the States.

Along with Rep. Paul Gosar, Hayner is cited as one of the founders of the bill and introduced it in congress on Monday. A day after he explained the proposal to all 541 members of the legislature, Hayner took to Twitter and produced a compressive tweetstorm on the subject.

Per Hayner's thread, the bill seeks to split cryptocurrencies up into three separate classifications: crypto-commodities, crypto-securities, and crypto-currencies.

The first, crypto-commodities, are defined as tradeable, fungible digital assets that exist on the blockchain. These can also represent contracts, utilities, or commodities in the physical world. These would likely include Bitcoin, Ethereum, and other such tokens.

The second, crypto-securities, represent a "security-like instrument." According to Hayner, these too exist on a blockchain but often derive their value from external assets. These may pertain to real-world tokenization on the blockchain.

As reported by Decrypt, fast-food chain Fatburger recently issued securities on the Ethereum blockchain. It's likely that such assets would fall under this category.

The third and final classification is cryptocurrency, but as Hayner describes them, it seems to refer to stablecoinscryptocurrencies pegged to fiat currencies. These include Tether, USDC, and the Paxos Standard.

The bill cites them as "basic tools of a digital, global economy," built to resist counterfeiting, money-laundering, and manipulation.

Further, the bill proposes that the Commodity Futures Trading Commission (CFTC), the Financial Crimes Enforcement Network (FinCEN), and the Securities and Exchange Commission (SEC) provide appropriate oversight for each classification.

While the proposed act intends to bring some clarity and order to the cryptocurrency regulation, it's already been the victim of considerable community backlash.

Jerry Brito, executive director of Coin Center, argued that since the bill concerns multiple regulatory jurisdictions, it would need assent from two committeeswhich would be almost impossible. This, in Brito's view, is made even more challenging by the fact that the bill's co-founder, Rep. Paul Gosar, is not a member of either of the considering committees.

Further, Alex Gladstein, CSO for both the Human Rights Foundation and the Oslo Freedom Forum, raised an issue with the act.

Per the bill, any individual transacting cryptocurrencies with a business will have their information shared with the relevant regulatory agencies. He argued this would be an infringement on everyones financial privacy. Not that blockchains have much privacy anyway.

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The unlikely cryptocurrency bill that went to Congress - Decrypt

Elon Musk and Daniel Craig Featured in Cryptocurrency Scam Promising Massive Returns – The Daily Hodl

YouTube is reportedly taking action against a cryptocurrency advertising scam featuring fake endorsements from Elon Musk and Daniel Craig.

The false advertisements were discovered by Business Insider and promised huge returns to investors who bought Bitcoin Era an automated trading app that claims to be backed by high-profile entrepreneurs including Richard Branson, Elon Musk and Bill Gates.

The advertisement purports to be from Blitz News promoting an article called Bond franchise comes to an end. However, when users click the ad, they are redirected to a post with the headline SPECIAL REPORT: Brits are listening to 007s Daniel Craig and theyre raking in millions from home.

The article says readers can take advantage of a wealth loophole that can turn anyone into a millionaire in three to four months.

Crypto scammers have a rich history of targeting celebrities. Since 2017, schemers have created phony accounts designed to look like Elon Musks official profile in an attempt to trick users into giving away their digital assets. Last year, schemers promoted a similar wealth loophole featuring Elon Musk, Kate Winslet, Richard Branson and Bill Gates.

As for this new advertising scam, YouTube has declined to comment. However, a source at the company says the ad has been removed. So far, theres no comment from Musk or Craig.

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Elon Musk and Daniel Craig Featured in Cryptocurrency Scam Promising Massive Returns - The Daily Hodl

Zabo Raises $2.5m to Connect Cryptocurrency Accounts to Banks, Brokerage Firms, Fintech Apps and Tax Software – AiThority

Zabo, which enables any financial services company to connect to their customers cryptocurrency wallets in a few lines of code, announced it has raised $2.5 millionin new funding. The round was led by Moonshots Capital with participation from Blockchange Ventures, Castle Island Ventures, Digital Currency Group, CoinShares, Tezos Foundation, Capital Factory and others. The investment will be used to expand Zabos engineering and grow its customer base.

Cryptocurrency is quickly becoming a mainstream asset class. Unfortunately, FinTechs, banks and brokerage firms have been very challenged to provide services, in part because their current technology doesnt support cryptocurrency. This comes at a time when the next generation of customers, who prefer to own cryptocurrency more than shares in stocks like Disney and Netflix, are in the process of selecting their primary financial institutions. Zabo gives financial services companies the tools to build compelling products around cryptocurrency in order to serve this new generation of customers, saidAlex Treece, Co-Founder and President at Zabo.

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Zabos technology is used in a variety of financial services applications, including personal financial management, investments, digital banking, tax software and decentralized finance (DeFi).

Despite being on a path to touch billions of customers and be an asset class measuring in the trillions of dollars, cryptocurrency is very underserved relative to other financial services. This is partly because connecting cryptocurrencies, wallets, and exchanges to the traditional financial system is highly technical and complicated. Zabo solves this by dramatically reducing the complexity. We enable leading financial services companies to swiftly and easily integrate into hundreds of leading cryptocurrency wallets with just a few lines of code, saidChristopher Brown, Co-Founder at Zabo.

Recommended AI News:Merck Announces New Data from Broad HIV Program at CROI 2020

Zabo has put together an impressive team and have been experts in the cryptocurrency and blockchain space for years. They have built an incredibly important piece of technical infrastructure that will enable cryptocurrency financial services to touch billions of people. Were excited to support the team to bring cryptocurrency to mainstream financial services, saidCraig Cummings, General Partner at Moonshots Capital.

Recommended AI News:First RPA Center of Excellence to Bring Hundreds of New Jobs to Mississippi Delta

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Zabo Raises $2.5m to Connect Cryptocurrency Accounts to Banks, Brokerage Firms, Fintech Apps and Tax Software - AiThority

Bitcoin price falls but this analyst is adamant on $9000 high – Cryptopolitan

The king of cryptocurrency Bitcoin is moving through some rough times, but one analyst is adamant that the Bitcoin price should be hitting $9000 soon.

Coin Market Cap is reporting an almost two (1.96) percent decline in the BTC price while the king has shredded almost 15.5 percent of its value since the high on the 7th of March.

Bitcoin price chart by Trading View

BTC price was floating at the $9197 high on the 7th of March right before a flash crash took the price to $8800 range. The downward trend continued for two more falls to the $8200 range.

At the time of writing, BTC price is in a continuous downward motion towards that $7600 mark whereas, $7650 is serving as strong support for the king of cryptocurrency.

While on the other hand, cryptocurrency analyst on Trading View BitFink is predicting that the Bitcoin price would be touching $9000 mark soon. So far, his prediction is moving spot on the dot chart line. While on the other hand, the current dip is just another Bitcoin price move that is nothing to be worried about.

Bitcoin price chart by Trading View

BitFink predicts that the cryptocurrency would now be rising towards the $9256 mark. If the BTC price movement continues to follow the BitFink Bitcoin price prediction, traders can expect high yields in the short term. If the king decides to move sideways, well, everything is possible then. Cautious trading is advised as always.

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Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan.com holds no liability towards any investments based on the information provided on this page.

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Bitcoin price falls but this analyst is adamant on $9000 high - Cryptopolitan