• BitConnect Faces Class Action Lawsuits

    The former cryptocurrency lending platform BitConnect has been hit with a series of class action lawsuits by users who claim to have had their money stolen by the disgraced company. Litigation began at the end of last month, after a group of six BitConnect investors filed a suit with a U.S. district court in West Palm Beach, Florida. The group is alleging that the BitConnect exchange platform was a “wide-reaching Ponzi scheme”, and is claiming to have lost $771,000 by
  • Liberland to Issue Its Own Cryptocurrency, Accepts Bitcoin, Bitcoin Cash And Ethereum

    The post Liberland to Issue Its Own Cryptocurrency, Accepts Bitcoin, Bitcoin Cash And Ethereum appeared first on CCN
    Liberland, a self-proclaimed country between Serbia and Croatia that has been struggling for its independence for three years, plans to launch its own cryptocurrency in a few months, and is accepting donations in bitcoin, Bitcoin Cash and Ethereum. Half a million people have applied for Liberland citizenship. Liberland’s territory, however, remains in dispute, as Croatia
    The
  • HOLD HOLD HOLD 

    There is a great dealing taking place in the crypto space. Bitcoin goes up and down by 10s of percent..almost daily, ICO`s pop up every other hour and fail every two and exchanges get hack, smacked and cracked. Fraudulent websites promise 250% profits and other stealthily suck victims dry.
    We have been in the crypto world for many years and have avoided the aforementioned ills and pressures by keeping to a simple policy, Hold the Fudge out of Bitcoin and a few top 10 altcoins.
    We are n
  • (+) Litecoin Recovers After Massive Slide as Charlie Lee Makes Bold Prediction

    The post (+) Litecoin Recovers After Massive Slide as Charlie Lee Makes Bold Prediction appeared first on CCN
    The post (+) Litecoin Recovers After Massive Slide as Charlie Lee Makes Bold Prediction appeared first on CCN
  • Advertisement

  • StormX Allows Travelers to Purchase First Class Airline Tickets with Cryptocurrency

    StormX Allows Travelers to Purchase First Class Airline Tickets with Cryptocurrency
    StormX, the company behind the popular crypto-earning app Storm Play has announced that travelers will be able to purchase first class airline tickets with cryptocurrency.  StormX has partnered with the travel concierge service I Only Fly First Class to facilitate these transactions.  Storm Play users will be able to access the I Only Fly First […]
    This post StormX Allows Travelers to Purchase First Class Airline Tickets with Cryptocurrency first appeared on Coinjournal.
  • Midshipmen at US Naval Academy Under Investigation for Dark Web Drug Trafficking

    Reports estimate that between 10 to as much as two dozen midshipmen based at the US Naval Academy in Annapolis, MD, near Washington, D.C., were part of an elaborate scheme to supply their peers with illicit drugs including cocaine, LSD, and ketamine. As reported by Fox News, the criminal ring used Bitcoin to purchase the drugs on the dark web.
    Sources from within the academy (who spoke on the condition of anonymity) told Fox News that as many as two-dozen midshipmen are under investiga
  • Wall Street Analysts Estimate Bitmain’s 2017 Takings at Over $3 Billion

    Banishment doesn't seem to have been particularly bad for business.
  • An Interview with a Crypto-ATM Operator: Bringing Bitcoin ATMs to Every Corner

    The post An Interview with a Crypto-ATM Operator: Bringing Bitcoin ATMs to Every Corner appeared first on CCN
    Chicago, IL – CCN correspondent Eric Eissler had a chance to sit down with Chief Operating Officer Benjamin Weiss of CoinFlip at its Chicago headquarters to learn about the company, the ATMs, and the general outlook on cryptocurrency. Cryptocurrency ATMs: A Brief History In the United States, there are 1,545 cryptocurrency ATMs according to CoinATMRadar. The first
    The pos
  • Advertisement

  • An Interview with a Crypto-ATM Manufacturer: Bringing Bitcoin ATMs to Every Corner

    The post An Interview with a Crypto-ATM Manufacturer: Bringing Bitcoin ATMs to Every Corner appeared first on CCN
    Chicago, IL – CCN correspondent Eric Eissler had a chance to sit down with Chief Operating Officer Benjamin Weiss of CoinFlip at its Chicago headquarters to learn about the company, the ATMs, and the general outlook on cryptocurrency. Cryptocurrency ATMs: A Brief History In the United States, there are 1,545 cryptocurrency ATMs according to CoinATMRadar. The first
    The
  • Opinion: What the “FUD” is Going On?

    The post Opinion: What the “FUD” is Going On? appeared first on CCN
    Acting in the public interest is a core tenet of sound journalistic endeavour. From Edward Murrow to The Snowden investigation, incisive investigatory journalism has brought down governments, agencies, politicians and laws. However, in a changing landscape, the global community has become more fractured, fragmented and disparate. As #FAKENEWS becomes an epithet of anything one disagrees
    The post Opinion: What the &ld
  • Travelers Can Receive Discounts on First Class Flights With a Cryptocurrency

    Cryptocurrencies are an intriguing financial tool for many different reasons. While the primary focus is on speculation, StormX shows things can be done differently. Travel enthusiasts can now fly in first class by using their native cryptocurrency.
    Cryptocurrency Opens New Doors
    It is safe to say the future looks interesting for cryptocurrencies. If StormX is to be believed, the travel industry will be prone to disruption by this new form of money. More specifically anyone looking to fly first
  • Vladimir Putin Says Russia Needs Blockchain, Cannot be Late in the Race

    The post Vladimir Putin Says Russia Needs Blockchain, Cannot be Late in the Race appeared first on CCN
    Russian President Vladimir Putin has stated that the country needs blockchain technology and emphasized that it is important that Russia does not fall behind in the development and adoption of the revolutionary technology. Russia Insight, which provides unique insights into the Russian market, released a video featuring a discussion between Putin and the country’s largest … Continu
  • Man Who Bought Pizza With 10,000 Bitcoin Buys it With Lightning

    Bitcoin Pizza Day is an unofficial holiday among cryptocurrency enthusiasts. It marks the birthday of the moment on which Laszlo Hanyecz paid 10,000 BTC for two large pizzas. It seems Hanyecz is still keeping a close eye on Bitcoin as of right now. He recently used the Lightning Network to buy two pizzas with Bitcoin at more normal prices.Laszlo Hanyecz is a Cult Figure
    It is safe to say Bitcoin would not be this popular without Laszlo Hanyecz. This man is responsible for creating the first comm
  • A Report on the tZERO ICO Whitepaper

    The post A Report on the tZERO ICO Whitepaper appeared first on CCN
    tZERO, a subsidiary of overstock.com (NASDAQ: OSTK), launched an ICO on December 18th last year, attracting over 10,000 registrations for accreditation verification, a requirement to subscribe. The token sale raised over $100 million USD in a mere 12 hours. The ICO was intended to fund the future development of the proposed tZERO tokens and a
    The post A Report on the tZERO ICO Whitepaper appeared first on CCN
  • Blockchain Vs. Inefficient Governments

    The post Blockchain Vs. Inefficient Governments appeared first on CCN
    Blockchain and Market Failure If you were awake during your Intro to Micro class, you might remember the topic of market failures. Generally, markets lead to efficiency.  Market failures are situations where the market does not provide for an efficient result.  People making decisions in their own self-interest, under these circumstances, make things worse for … Continued
    The post Blockchain Vs. Inefficient Go
  • Cryptocurrency Market Struggles at $500 Billion, But Fundamentals are Strong

    The post Cryptocurrency Market Struggles at $500 Billion, But Fundamentals are Strong appeared first on CCN
    Major cryptocurrencies have struggled to sustain their upward momentum secured earlier this week, on February 23. Bitcoin has fallen below the $10,000 mark again, while Ethereum’s native cryptocurrency Ether has struggled to spike above $900. Bitcoin Earlier this year, the dominance index of bitcoin reached an all-time low at around 32 percent. Throughout the recovery … Contin
  • What to Look for in ICO Terms and Conditions

    If investing in an ICO, it is imperative to review the T&Cs, not just the white paper. Here's what to be on the lookout for.
  • How ICOs Can Protect Buyers from Phishing Attacks

    The excitement surrounding ICOs has left investors vulnerable to phishing attacks, diminishing the reputation of the new investment mechanism.
  • Cryptocurrency Scammers Hijack Verified Twitter Accounts to Trick Users

    The post Cryptocurrency Scammers Hijack Verified Twitter Accounts to Trick Users appeared first on CCN
    Cryptocurrency scammers are currently using Twitter to take advantage of naïve investors looking to make some easy money. Often, the scammers pose as influential community members, and promise those that send them a specific cryptocurrency a reward a number of times greater than the initial donation. Now, they even started hijacking verified accounts to look
    The post Cryptocurrency Scammer
  • How Stellar Lumens Climbed to the Top Ten Cryptocurrencies

    The post How Stellar Lumens Climbed to the Top Ten Cryptocurrencies appeared first on CCN
    This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
    The post How Stellar Lumens Climbed to the Top T
  • Coinbase to Allow IRS Access to Personal Data of 13,000 Customers

    "We remind all our customers, that you have a responsibility to self-report and pay taxes on all taxable gains."
  • Bitcoin Price Weekly Analysis – Can BTC/USD Hold $9,000?

    Key PointsBitcoin price declined this past week and moved below the $10,000 level against the US Dollar.
    There was a break below a major bullish trend line with support at $10,350 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX).
    The pair must stay above the $9,300 and $9,000 support levels to avoid further declines in the near term.Bitcoin price is under pressure below the $10,000 level against the US Dollar. BTC/USD remains at a risk of more declines if the pair fails to hold
  • Ethereum Price Weekly Analysis – ETH/USD Bearish Below $870

    Key HighlightsETH price declined recently and moved below the $860 support level against the US Dollar.
    There is an expanding triangle forming with resistance at $870 on the 4-hours chart of ETH/USD (data feed via SimpleFX).
    The pair may continue to decline as long as it is below the $870 resistance level.Ethereum price is struggling to move higher against the US Dollar and Bitcoin. ETH/USD could extend the current decline and it could even break $800.
    Ethereum Price Decline
    There was a major do
  • Bitcoin Cash Price Weekly Analysis – BCH/USD to Decline Further

    Key PointsBitcoin cash price started a fresh decline this past week and moved below $1,250 against the US Dollar.
    There is a major bearish trend line forming with resistance at $1,310 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX).
    The pair may continue to decline and it could even break the $1,100 support in the near term.Bitcoin cash price is struggling to recover against the US Dollar. BCH/USD remains at a risk of more declines below the $1,100 level during the next few da
  • Over 3,000 Ethereum Smart Contracts Contain Major Security Flaws

    Ethereum smart contracts are hot technology as of right now. While many companies see merit in this technology, there are security issues a swell. Researchers discovered several vulnerabilities which put millions of Dollars at risk. This is worrisome news, although there is a positive side to it as well.
    Security Flaws in Smart Contracts
    There are many different aspects to smart contracts. Templates can be used, but any additional code is always a security risk. Considering how there are so many

Follow @CryptoNewslock on Twitter!