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Mailchimp Slams Door for Crypto Content Without Warning

Mailchimp, the largest email marketing company globally, has suspended its services to crypto content creators and several crypto firms have reported difficulty logging into their accounts starting early this week.

The post Mailchimp Slams Door for Crypto Content Without Warning appeared first on BeInCrypto.

Mailchimp, the largest email marketing company globally, has suspended its services to crypto content creators and several crypto firms have reported difficulty logging into their accounts starting early this week.

Prominent crypto companies who have been locked out include edge wallet, a provider of self-custody crypto holding services, and Messari, a crypto research company facing the wrath of the company’s decision to suspend services.

“The Mailchimp account had been deactivated.” tweeted Joelly Garcia, the Edge Wallet community manager. Garcia learned of the incident when she tried to log in to the company’s account.
Edge Wallet is not the only one, this morning, Sam Richards said Ethereum Foundation’s account has been suspended.

“Add @Ethereum Foundation’s @EF_ESP to the list of customers @Mailchimp has rugged. Anyone have good recommendations for email subscription services with solid API integrations? Or any that don’t pull the plug on paying customers without any notification or justification?” Sam Richards tweeted.  

Mailchimp banged with a security breach


The halt comes months after Mailchimp was slammed with a security breach that led to phishing attacks on a customer of a cryptocurrency wallet company, some of whom then had thousands of dollars worth of cryptocurrency stolen.  The suit alleged they were negligent in safeguarding customer information and slow to respond to the security breach, which allowed the cryptocurrency theft to succeed.

Mailchimp reacts to cyberattacks


Responding to the phishing allegations, Mailchimp said it was addressing the incident, according to a statement that was posted on its website.

“From the outset, we acted swiftly to address the situation by limiting employee access to internal systems,” Mailchimp said. “Our findings show that this was a targeted incident focused on users in industries related to cryptocurrency and finance. All owners of impacted accounts have been notified,” announced on its website.

Even though Mailchimp has not issued any statement regarding the suspension of the accounts of content creators, observers say that it’s a swift action to curb the breach by targeted crypto hackers.

For Be[In]Crypto’s latest Bitcoin (BTC) analysis, click here.

The post Mailchimp Slams Door for Crypto Content Without Warning appeared first on BeInCrypto.

Source: Markets – BeInCrypto

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Altcoins

Billionaire David Rubenstein says ‘crypto is not going away’

The Carlyle co-founder David Rubenstein also believes Congress will not overregulate the crypto industry.…

The post Billionaire David Rubenstein says ‘crypto is not going away’ appeared first on CoinJournal.

  • The Carlyle co-founder David Rubenstein also believes Congress will not overregulate the crypto industry.

David Rubenstein, co-founder and co-chairman of Carlyle, a global private equity firm, believes crypto is here to stay.

Rubestein, who aired his views on the crypto sector in a recent interview with Bloomberg, however suggests key factors that might drive one to crypto is if they are worried about government intervention or regulation and want to keep their money in something the authorities have no control over.

The billionaire businessman was speaking to fellow billionaire, Citadel founder and CEO Ken Griffin, during the launch of the Carlyle exec’s book “How to Invest”.

Asked what he thought of cryptocurrencies as part of his views on investing, Rubestein said he previously looked at it as gambling.  But even then, he says those who allocate a percentage of their net worth into gambling or such other ventures, need to only use that which they can afford to lose.

So with crypto that was my view for some time. If you get pleasure by watching the screens all day and saying you’ve just made a lot of money in crypto and so forth, you know allocate just enough so if you lose it it’s not the end of the earth,” he said.

I now think that crypto is not going to go away the way some people have thought. And while you can argue it’s worthless, in some respects many things that people buy are maybe worthless,” Rubestein added.

Crypto not the ‘worst thing’ to invest in

The veteran businessman also touched on the aspect of “a libertarian view of life” in crypto, where the need to have assets that the government can’t control is increasingly seeing the industry lobby Congress for certain legislation. 

According to him, this appears to be pretty effective at the moment, and his opinion is that Congress will not overregulate the crypto industry.

And while he thinks crypto might attract people out to keep their money from the government- like Russian oligarchs whose assets were confiscated as part of Western sanctions, or a Chinese investor worried about the same should China invade Taiwan –  he says certain factors make crypto “not the worst thing” to hold.

Why is this so? 

You can move it anywhere around the world. It’s not going to be devalued by government inflation. It’s not the worst thing to put some of your money in,” he offered.

Rubestein said he has not personally invested in any particular cryptocurrencies. However, he is invested in “companies that service the industry” as he believes the industry as a whole is here to stay.

And like the internet, computers or smartphone trends or such other past trends, the young people are almost always at the forefront. The crypto revolution is no different, he opined.

People who are in their 70s don’t usually start economic trends really,” he opined.

The post Billionaire David Rubenstein says ‘crypto is not going away’ appeared first on CoinJournal.

Source: CoinJournal: Latest Bitcoin, Ethereum & Crypto News

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