BitMEX Chaos, Cold Wallet Calamity, Germany Hates Crypto: Hodler's Digest, Oct. 28-Nov. 3

Published on by Cointele | Published on

Cryptocurrencies like Bitcoin are not really money, German parliament saysRecently bought a cup of coffee using Bitcoin? A new computer, perhaps? Stop! According to Germany's federal parliament, cryptocurrencies like BTC are not real money.

French high school students will learn about Bitcoin and cryptoOoooh la la! High school students in France are going to start learning about cryptocurrencies in the classroom - with an introductory course helping teenagers to understand the impact that BTC has on the economy.

Although it's unlikely that fully fledged crypto experts will emerge from this module, the lessons could arm young adults with knowledge that'll become increasingly relevant as cryptocurrency adoption grows.

The top three altcoin losers of the week are Japan Content Token, CryptoAds Marketplace and SounDAC.For more info on crypto prices, make sure to read Cointelegraph's market analysis.

"Bitcoin hodlers won't sell as they believe they'll get rich when #Bitcoin moons. Bitcoin whales get rich by selling now to realize their paper gains before a market crash wipes them out. The whales must make sure the hodlers don't lose faith and cash out so that they can cash in!".

FUD of the WeekCEO of Zimbabwean crypto exchange loses password to Bitcoin cold walletAlso in the running for the crypto exchange blunder of the week, alongside BitMEX, is the founder and CEO of the Zimbabwean platform Golix.

A large portion of Golix customers have reportedly had little success in retrieving their investments from the exchange - an allegation fiercely denied by Kembo, who says "99% of the people who have attempted to make a withdrawal on Golix have seen it go through without a hitch." In a blog post, he didn't deny that the password to the cold wallet had been lost, but he insisted that the entire situation has been taken out of context.

Argentina's central bank bans Bitcoin purchases with credit cardsConfronted with the rising popularity of cryptocurrency as the peso suffers turbulence, the Central Bank of Argentina has banned its citizens from using credit cards to buy crypto.

The future of cryptocurrencies in the U.K. hangs on the FCA's decisionTo the forever rainy United Kingdom now, where a new storm cloud is looming over the future of cryptocurrencies.

Canada pushes to regulate crypto adoption, forgoing volatile BTC pastO Canada.

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