TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Slovenia boasts 500 Bitcoin Cash merchants. LinkedIn has a fake user problem, according to Changpeng Zhao. Brazilian crypto startup Atlas Quantum facing liquidity issues. Maker governance is introduced into Coinbase Custody. QuadrigaCX widow delivers $12 million of her estate, and PundiX burns tokens but the price keeps crashing.



Slovenia Bursts With Bitcoin Cash Merchants

Slovenia has become the country with most Bitcoin Cash merchants in the world, even when compared to Japan and Australia. This number has been powered by the construction of “Bitcoin City,” a giant mall where most of the stores accept crypto located in Slovenia. BCH has spread through the country thanks to Eligma and its payment platform GoCrypto, managing to onboard 500 merchants.

LinkedIn Cryptocurrency Worker Problems

LinkedIn is facing a problem with fake cryptocurrency registered employees who commit identity theft and fraud using the social network as a tool. Changpeng Zhao, the founder and CEO of Binance, criticized the patform via his Twitter account. According to Zhao, there are just 30 Binance legit employees on LinkedIn, compared to 1,500+ registered on the social network. The worry is such fake accounts can be used to lure investors into supporting scams.

Brazilian Crypto Startup Atlas Quantum’s Withdrawal Troubles

One of the most ambitious crypto-related companies from Brazil, Atlas Quantum, is having problems servicing withdrawals after being accused by Brazilian courts of possibly being a financial pyramid scheme or Ponzi. However, the investment company rejected the classification, and stated withdrawal delays are a product of the different measures exchanges take when large sums of money are withdrawn in a short amount of time time. The company declared they intend to pay all customers, but did not announce a date.

Coinbase Custody Adds Support for Maker Voting

Coinbase Custody is adding support to exert Maker governance from within their wallets. Maker is the governance pair coin of Dai, an Ethereum-based stablecoin, that lets holders vote on specific calls. While most third-party wallets and custody services need these tokens to be withdrawn for clients to participate in such consultations, now Coinbase Custody users will be able to stake their Maker from within the service, adding security and functionality the exchange claims.

QuadrigaCX Widow Delivers $12 Million to Bankruptcy Trustee

Jennifer Robertson, the widow of the late Gerald Cotten, the CEO of QuadrigaCX, has reached an arrangement with bankruptcy trustees of the company. Robertson will have to surrender more than $12 million of her estate to repay company creditors after her husband died, then-CEO, taking private key info of the exchange’s wallet with him. She was able to keep $90K in cash and her vehicle, a Jeep Cherokee, away from the trustees’ claim.

PundiX Burns Tokens, Price Keeps Crashing

PundiX, a cryptocurrency PoS and payments startup in Venezuela, burned more than 19 billion of their tokens, worth more than $4 million dollars, as a part of their burning policy. However, this action has not achieved the desired effect: their token has fallen almost 10% overnight, while another related token’s price has stayed roughly the same. PundiX XPOS solutions are being introduced in some Venezuelan stores, with some degree of success, but their currency has taken a big hit, falling 30x from ATH, while preparing for a blockchain swap.

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DYOR: CoinSpice is your home for just spicy crypto things. We’re not affiliated with any cryptocurrency project or token. Each published piece is intended for information purposes only, not investment advice and not in the hope of impacting speculative markets. There are plenty of trading sites and coin-specific advocacy journals out there, we’re neither. CoinSpice strives for rigorous accuracy in our reporting. Information presented here is contingent usually on a host of factors, and the ecosystem moves fast — prices change, projects change, and at warp speed. Do your own research.