Christine Smith, a content strategist with the Federal Reserve Bank of St. Louis, suggests bitcoin is less “exotic” and more boring than people may think. Bitcoin’s two use cases are as a store of value and a currency, the latter of which Smith uses to argue a trio of reasons why the leading digital currency
The post US Central Bank Explains how Bitcoin is Like ‘Regular Currency’ appeared first on CCN
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-
US Central Bank Explains how Bitcoin is Like ‘Regular Currency’
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Publicity Stunt Sees Bitcoin Logo Projected on Swiss Bank in Zurich
via newsbtc.comA giant Bitcoin logo has been projected onto the Swiss National Bank in the centre of Zurich. A photograph of the building appeared on Twitter earlier today.
Publicity Stunts Bring Attention to Bitcoin and Help Adoption
The projection is thought to be the work of the bank’s new neighbours, Trust Square. They recently moved in across the road from the Swiss National Bank. Trust Square is a blockchain hub that was launched earlier this month.
The centre is focused on researching and developi -
US Federal Trade Commission To Offer Free Workshop On Crypto Scams
Citing a rising interest in cryptocurrencies, the US FTC will hold a workshop on consumer protection in the crypto sphere this June #NEWS -
Japan Finance Giant SBI Holdings To Launch Crypto Exchange In Summer 2018
The launch of SBI Virtual Currencies is reportedly set for sometime this summer, SBI president Yoshitaka Kitao states it ‘will be number one in the blink of an eye’. #NEWS -
CFTC Chairman J. Christopher ‘Cryptodad’ Giancarlo to Retire After Term Ends in 2019
The top markets regulator in the United States has confirmed that he will retire following the expiration of his term in 2019, depriving the cryptocurrency industry of one of the Washington establishment’s friendliest voices. Speaking with financial publication IFLR at last week’s International Swaps and Derivatives Association (ISDA) annual general meeting, Commodity Futures Trading Commission
The post CFTC Chairman J. Christopher ‘Cryptodad’ Giancarlo to Retire After Te -
Unicef Australia Creates In-Browser Crypto Mining Website
via newsbtc.comThe Australian department of children’s charity Unicef has created a novel way to raise funds using in-browser cryptocurrency mining.
Their ‘HopePage‘ was launched today which allows visitors to opt in to digital currency mining, choosing how much processing power they want to donate to the cause.
Unicef’s HopePage Uses Computer Processing Power to Fundraise
The website allows visitors to activate and deactivate the mining process manually. It also features a slider that -
Dubai Police Arrest Suspects Behind $1.9 Million Bitcoin Heist
Dubai police have apprehended a gang of ten individuals alleged to have stolen Dh7 million (approx. $1.9 million) from two victims in an armed theft involving the purchase of bitcoin. The victims, incidentally two brothers, sought to buy bitcoin worth AED 7 million in a peer-to-peer exchange that saw ten individuals purporting to be sellers
The post Dubai Police Arrest Suspects Behind $1.9 Million Bitcoin Heist appeared first on CCN -
Circle Adds Zcash to Crypto Investment App
Circle added zcash to its cryptocurrency storage and investment app, the company announced Monday. -
Leverage Your Blockchain Assets to Secure Cash Loans with Kambo!
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The post Leverage Your Blockchain Assets to Secure Cash Loans with Kambo! appeared first on CCN -
Former Chief Compliance Officer from Blackrock, Inc. Joins Genesis Mining as Chief Compliance Officer
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 Former Chief Compliance Officer from Blackrock, Inc. Joins Genesis Mining as Chief Compliance Officer appeared first on CCN -
The New Social Network Kuende Adopts Blockchain to Create Real-Life Experiences
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 The New Social Network Kuende Adopts Blockchain to Create Real-Life Experiences appeared first on CCN -
US: ICO Market Is Example Of Unregulated Securities Market, Says SEC Commissioner
SEC Commissioner says that “down the road” the organization could consider working with ICOs to make them “consistent” with existing securities laws #NEWS -
India To Get 30% Discount On Venezuelan Crude Oil If Paid For In Petro, Says Local Source
A 30% discount for India on Venezuelan crude oil comes with the caveat of payment in Petro, local source reports #NEWS -
Japan’s FSA Is Pressuring Exchanges to Drop Cryptocurrencies Favoured by Criminals
via newsbtc.comJapan’s financial watchdog is applying pressure to local digital currency exchanges to drop cryptocurrencies such as Monera, Zcash, and Dash, according to a report.
Altcoins Favoured by Criminals
In a report from Forbes, sources close to the the Financial Services Agency (FSA), which approves licenses to digital currency exchanges, claim that the agency is taking the necessary steps to stamp out the use of certain cryptocurrencies that are favoured by criminals and hackers.
According to th -
Tron Price Posts 15% Rally, But Is a Rumor to Blame?
The Tron price rallied by 15 percent on Monday, defying the sluggish performance of the overall cryptocurrency market. Tron Price Makes 15% Advance in Defiance of Sluggish Market The cryptocurrency market cap shed $4 billion on Monday, continuing a reversal that began on Sunday. Eight of the 10 largest cryptocurrencies fell against the US dollar,
The post Tron Price Posts 15% Rally, But Is a Rumor to Blame? appeared first on CCN -
Bring Home the Bacoin? Oscar Mayer Debuts Crypto Campaign
Meat manufacturer Oscar Mayer has launched a bacon-backed cryptocurrency, which fans can cash out for real bacon. -
Japan Demands Crypto Exchanges De-List Anonymous Altcoins
Japan’s Financial Services Agency is pressuring local crypto exchanges to take altcoins centered on privacy off their list -
Mastercard International Seeks Patent For Fast Tracking Blockchain Navigation
Mastercard International Inc. has applied for a patent for a system for fast tracking navigation of blockchains by means of data manipulation, according to a filing with the United States Patent and Trademark Office. The system is designed to facilitate quicker navigation and verification of blocks in a blockchain. David J. King of Guildford, United
The post Mastercard International Seeks Patent For Fast Tracking Blockchain Navigation appeared first on CCN -
SEC Official: ICO Market Shows Need for Securities Regulation
An SEC commissioner warned that initial coin offerings could be fraudulent, but consumers cannot necessarily identify fraud. -
New Karate Combat League Features Bitcoin Logo at Center Ring
via newsbtc.comKarate Combat league will feature the Bitcoin logo at the center of their fighting ring as they bring professional Karate competition to the world for the first time.
Karate Combat Gets Funding From Non-Profit Bitcoin Organization
The Karate Combat League being launched by web portal Karate.com claims to be the first international, full combat showcase for Karateka (professional Karate fighters) to compete at the highest level in events created by experts from within the sport. It will -
Crypto-Related Inquiries in Japan Tripled in 2017, Data Shows
Japan is the largest cryptocurrency market with at least 3.5 million crypto traders. -
Iran: Model Of State-Issued Digital Currency Now Ready, Says Gov’t Minister
An Iranian government minister has confirmed that an “experimental model” of a domestic digital currency is now ready #NEWS -
Comcast Ventures Executive: ‘There’s Real Value’ in Bitcoin, Blockchain
The bitcoin price is hovering near its best levels of the year, and Comcast Ventures’ Managing Director Gil Beyda says it’s because people are realizing there’s “real value” in bitcoin and blockchain. While 2017 was a year where investors were focused on getting rich quick and doubling/tripling/quadrupling their money, the froth is now out of
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FTC to Host Consumer Protection Workshop on Cryptocurrency Scams
The Federal Trade Commission (FTC) is planning to host a workshop on cryptocurrency scams and fraud in June. -
Iran Is Moving Ahead With Local Cryptocurrency Development Despite Crypto Ban
via newsbtc.comDespite last weeks ban on the cryptocurrency market by central banking authorities, Iran is still moving ahead with plans to develop an experimental local coin, according to a government minister.
Just last week Iran’s central bank prohibited banks in the country from dealing in cryptocurrencies, citing fears of associated money laundering. In related financial news, Iran moved this month to formally unify its open market exchange rates and banned money changing outside of banks.These -
Green Light: Asia Is about to Have a New Crypto Hub
via newsbtc.comSince the time the concepts of cryptocurrency and blockchain technology were first introduced to our modern reality, they have become the subject of discussion not only among programmers and crypto enthusiasts but also in business. People from finance, investment and banking spheres went into analyzing the possibilities and prospects of blockchain implementation and usage.
Several countries and territories have advanced so far trying to create and liberalize the conditions for blockchain-based p -
Crypto Exchange Coinbase Thinks It’s Worth $8 Billion: Report
Cryptocurrency exchange and brokerage giant Coinbase internally values itself at $8 billion, sources familiar with the company’s offer to purchase Bitcoin startup Earn.com say. Tech news outlet Recode reports that when Coinbase acquired Earn.com last month, its offer included an equity package that tacitly valued the exchange operator at $8 billion. That’s a significant step
The post Crypto Exchange Coinbase Thinks It’s Worth $8 Billion: Report appeared first on CCN -
16 Cryptocurrency Exchanges Get Approval to Launch in Venezuela, List Petro
Some analysts argue the vast majority of frenzy surrounding PTR is either a scam or far too ambitious for its own good. -
PayPie Launches Live Beta With QuickBooks Integration
This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. PayPie, a platform that brings transparency to the financial markets using a risk score algorithm based on business accounting, recently launched the beta version of its fintech blockchain platform
The post PayPie Launches Live Beta With QuickBooks Integration appeared first on CCN -
UNICEF Australia Offers Users Option To Mine Crypto As Donation
Following UNICEF’s earlier crypto mining donation initiative aimed at PC gamers, UNICEF Australia launches a site allowing anyone to donate by letting their computer be used to mine crypto #NEWS -
Bitcoin.com Faces Lawsuit Over Confusingly Labelled Wallet
Bitcoin.com's habit of calling Bitcoin Cash Bitcoin has led some to mistakenly purchase the former. -
Wirex Adds Litecoin (LTC) to its Payment Cards
Users of the Wirex Bitcoin debit card can now make payments with Litecoin. Wirex announced full Litecoin integration with its new Wirex LTC (Litecoin) wallet, predicting that Litecoin could become a global payment option on dozens of big brand websites in the near future. The Wirex LTC wallet will allow customers to buy Litecoin (LTC) […]
The post Wirex Adds Litecoin (LTC) to its Payment Cards appeared first on Coinjournal. -
Buffett: Bitcoin Is More Gamble Than Investment
The world's third-richest person, Berkshire Hathaway's Warren Buffet, has again made comments critical of bitcoin as an investment. -
Blockchain 3.0 Conference In Korea Highlights Technology’s Wider Social Context
This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Hundreds of leaders from around the world gathered for The Blockchain 3.0 Conference in Seoul, South Korea to explore a wide range of blockchain issues and examine the areas
The post Blockchain 3.0 Conference In Korea Highlights Technology’s Wider Social Context appeared first on CCN -
Why Invest in NEO?
via newsbtc.comNEO, like many leading cryptocurrencies, enjoyed its breakout year in 2017. Its percentage value rose by thousands and became one of the world’s biggest cryptos in terms of market capitalisation. It hit a peak of $187.41 on January 15, 2018, according to global trading and investing platform eToro. Why is it so popular?
To start with, NEO is the first Chinese cryptocurrency to hit the mainstream. Created by Chinese company Onchain, it was originally launched in 2014 as AntShares before reb -
30% Off! Venezuela Offers India Cheap Crude Oil on a Discount, if Paid in Petro
Venezuela has recently offered India a 30 percent discount on crude oil purchases if the country purchases it using its oil-backed cryptocurrency, the Petro. According to a report published by the Business Standard, a team of experts from Venezuela’s blockchain department went to India last month to conduct the deal. While in India, Venezuela’s experts struck
The post 30% Off! Venezuela Offers India Cheap Crude Oil on a Discount, if Paid in Petro appeared first on CCN -
Arrington-Backed Startup Launches Crypto-for-Cash Credit Platform
A crypto lending startup backed by TechCrunch founder Michael Arrington launched a U.S. dollar credit platform on Monday. -
Venezuela Coaxes India to Pay For Crude Oil With Petro Cryptocurrency
via newsbtc.comVenezuela’s Petro cryptocurrency has been off to an interesting start. Despite clear opposition from various countries, the Venezuelan governments want to improve the widespread use of this currency. As such, the government is now looking at India to purchase crude oil from Venezuela at a 30% discount. This discount will only apply if India uses the Petro for the payment, which remains a troublesome topic of conversation.Can the Petro Succeed?
It is evident Venezuela’s cryptocurrency -
CFO Boost? EY Predicts Blockchain Could Change C-Suite Role
"Big four" professional services firm EY says that blockchain could transform its finance operations and redefine the role of chief financial officer. -
Japan Wants Cryptocurrency Exchanges to De-List Anonymous Altcoins: Report
Japan’s Financial Services Agency (FSA) is pressuring local cryptocurrency exchanges to de-list privacy-centric altcoins such as Monero, Zcash, and Dash. Writing in Forbes, Tokyo-based journalist Jake Adelstein reports that sources close to the FSA say the regulatory agency — which has sole authority to grant licenses to cryptocurrency exchanges — is “taking all available steps”
The post Japan Wants Cryptocurrency Exchanges to De-List Anonymous Altcoins: Report appe -
AirPod: Reintroducing Stability to the Cryptocurrency Market
via newsbtc.comIt is already evident today that cryptocurrencies have a great potential to grow. But thanks to the volatile nature of the crypto-market, reflected by constant price fluctuation, there is a lot of doubt and criticism surrounding the market’s future. These existing conditions have created the need for tokens will relatively stable values which could act as both store of value as well as a unit of account. APOD is one such token fitting the needs of the present-day crypto-markets.
AirPod, th -
Bitsane Exchange: Meet Enhanced Security and Reworked Support
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 Bitsane Exchange: Meet Enhanced Security and Reworked Support appeared first on CCN -
SBI Unveils New Plans For Its Cryptocurrency Exchange
While initially scrapping its plans to develop a cryptocurrency exchange in conjunction with partners. SBI Holdings has today announced new plans to more forward with the development of their own self developed exchange. President and CEO of the company, Yoshitaka Kitao announced the development of the company’s own exchange, confirming that SBI’s exchange is “not a white […]
The post SBI Unveils New Plans For Its Cryptocurrency Exchange appeared first on Coinj -
Author William Mougayar to Launch Blockchain Investment Fund
Blockchain author William Mougayar is teaming up with Jabre Capital Partners to launch a blockchain investment fund for startups. -
Coinsecure of India Postpones Repayment of Stolen Money
The hacker got away with more than $3 million on Friday the 13th . -
There’s Only Four Million Bitcoin Left to Be Mined – Here’s Why
In today’s climate of ICOs with 100 billion token supplies, it can be easy to forget that the total supply of Bitcoin is incredibly low – 21 million. The 17 millionth Bitcoin has been mined, and there are only 4 million left. The built-in artificial scarcity is one of the most important characteristics of the … Continued
The post There’s Only Four Million Bitcoin Left to Be Mined – Here’s Why appeared first on CCN -
Japanese Regulators Discussed Restricting Trade Of Privacy-Focused Altcoins, Report Says
Japanese regulators reportedly discussed prohibiting exchanges from trading in anonymity-focused coins Monero and Dash #NEWS -
Indian Law Protects Cryptocurrency Investors Despite Lack of Regulation
In this opinion piece, Mohammed Danish, a lawyer practising at High Court of Delhi, explains how the interest of the crypto investor in protected under Indian law despite the absence of any crypto regulatory regime. The investor can still approach the court of law against any deficiency in service by the cryptocurrency exchange. You can … Continued
The post Indian Law Protects Cryptocurrency Investors Despite Lack of Regulation appeared first on CCN -
UNICEF Is Mining Crypto to Raise Funds for Children
UNICEF Australia has launched a website that harness supporters' computers to raise donations via cryptocurrency mining. -
ANZ and IBM Building Blockchain Solution for Insurance Industry
ANZ bank has partnered with IBM to build a blockchain solution for transparent, secure transfer of data and premiums in the insurance sector.
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