And yet another one bites the dust... Faucethub is (or rather, was) a crypto-micro-payment-processing service. In other words, it allows you to send and receive very small amounts of crypto, even so small, that can't cover fees of "normal" transactions. This is very important when you do faucets.

Recently the project's announced that it will be closed down on December 10th. Why? Because of the "regulation requirements"... The owner of the project can't run it anymore without getting into a legal mess, and he prefers to close the service.

"Not a big deal!", you might say. Well, not a big deal indeed, if you don't do faucets and the like.

However, it's worth taking a closer look, even just for a moment.

Faucethub was an important part of a crypto-eco-system. Whatever this system of ads, pop-ups and popunders is from the moral point of view -- it's a real working system, not only whitepapers, roadmaps, flashy websites, elaborated plans and wishful thinking. And Faucethub was something like a heart (not the only one, fortunately), pumping crypto-finance blood through the system's veins. Without KYCs, approvals and similar sh$t. Now it stopped -- because of "regulation requirements".

At the same time, what blooms and thrives today are some "privacy-oriented cryptocurrencies" that require KYC and "whitelisting", or altcoins closely resembling penny stocks and junk bonds, with blockchain and the only valuable for the possibility to dump them for US government's fiat dollars.

Shortly, I consider Faucethub's death being yet another sign of a rather disturbing trend in the crypto-world...