Definitely November was an amazing month to all crypto space, but unfortunately one of the biggest referral program has ended, Brave incentive program for content creators come to the finals and shut down. The company Behind Brave took it down after it reached a 20 million monthly active users and englobed many people all over the world, the focused in privacy and security Browser is one of the first blockchain projects with a really use case project and a native asset, the BAT, Basic attention token which is used to pay users to watch non-intrusive ads, the users share 70% and the company the other 30% to help build up the project or pay the staff.
Well one more incentive going away, I wish in the future they could reactivate it!
Let's keep on...
In November we saw a huge movement of the crypto coins, where Bitcoin, ether, Bitcoin Cash saw a big increase in their prices with Ether reaching the best levels since 2018 and reaching the $600 mark and preparing for the next stage the ETH 2.0 which started the phase 0 just this December 01, 2020. Bitcoin in the other hand reached the All-time-high since seen it on 2017 when reached the $19,666 on November 30, it found the best price leveling up to values above the $19,700 registering the best price per coin since ever.
Paypal also made some noise on the crypto space and on Nov. 12 after officially accepting to offer digital decentralized assets for their customers the giant fintech started to give qualified users in US to buy, hold and sell crypto directly from their accounts. Paypal is a company with a global network of 28 millions merchants on more than 200 locations with a total users accounting for 310 millions active members on the planet that can have the pleasure to own some crypto. The rest of the world will be able to use the Paypal crypto services in the Q.1 of 2021.
It always good to read the FAQS and the terms of service before using the services.
In the end of November, in China the Police seized $4 billion worth in crypto, where 79,581 BCH also made part of that seizure. The assets were tied up with the PlusToken ponzi scheme, which in late 2018 defrauded more than 2 million people mostly in China mainland, the scammers allegedly sell the idea that were doing crypto arbitrage and asked the investors to pay a fee in crypto to be able to make daily withdrawals. The business acted on the market until 2019 when suddenly shut it down and run off with more than $7 billion from customers funds but the Chinese police tracked and crackdown all the involved ones including the leaders, the masterminds, behind it and recovered almost $4 billion from the scam who accordingly to news will forfeit to the national Chinese treasury.
PlusToken ponzi scheme was one of the major fraudulent business in crypto together with Onecoin are the scams that caused more victims in the world than ever, at least the "heads" of PlusToken got arrested and accordingly to news they will face between 1-11 years on jail and pay astonishing fines from $100,000 to $1M. It's always recommended to make research before any kind of investments because no one is safe in online business but with a small study can enhance security online.
November registered many other news and incidents, and one more month is on the edge to close 2020 to be able to make a good review when 2021 starts, of course the first quarter will be for most the best occasion to make it.
Stay tuned for more updates and read marvelous news, trade with 1inch.exchange to sell and buy tokens with the best fees on the market, subscribe for more.
Take care and enjoy December and have an antecipaded Merry Christmas.
Buena informacion