Cryptocurrency news

• Opinion: Can AI Tools Improve Cryptocurrency Adoption?

  20-10-2018 23:03
  There are many different paths to choose from, to improve cryptocurrency usability.  Lately, I’ve been focused on project tokenomics as I have a feeling that better rewards distribution is the way forward. For instance, traditional exchanges do not provide enough rewards to users; a few exceptions are Binance, Coss, or ABCC. I especially like the last one
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• Dubai’s Government Taking Global Lead on Blockchain & Crypto Support

  20-10-2018 23:00 via crypto-news.net
  Governments across the globe are known to be wary of crypto adoption, and many are openly hostile to all things blockchain. One notable exception is that of Dubai, which is taking bold steps into the crypto space, and is embracing blockchain technology for a number of its institutions. The small Arab emirate has a recent track record of innovation in many areas of technology and business, and this new move could position it to be a global leader in the emerging field of distributed ledgers.
  Duba
  
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• Major Online Rental Platform Allows Users to be Paid in Ripple

  20-10-2018 22:00 via newsbtc.com
  Omni, the online item rental and storage management startup, is now allowing its users to get paid in Ripple, capitalizing off of the cryptocurrency boom. The addition of the XRP payment method comes after the startup raised $25 million in XRP this past January.
  The company will be paying users out of their own stash of XRP, which is worth significantly less than it was in January, but users will still have the option to cash out in USD if they aren’t interested in the volatility of crypto
  
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• Is Demand For Bitcoin Mining in Decline? Chip Maker Slashes Target

  20-10-2018 22:00 via newsbtc.com
  Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest dedicated independent chipmaker, has predicted a drop in demand from the cryptocurrency mining community in the fourth quarter this year. The growth target of 7 to 9 percent was slashed to 6.5 percent partly due to the demand dynamics of bitcoin miners.
  Crypto Mining Demand For TSMC Chips to Weaken Further In Q4 2018, Says CEO
  C. C. Wei, Chief Executive Officer and Vice Chairman of TSMC told investors at the company’s
  
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• Checkbooks Ready! US Marshals to Hold $4 Million Bitcoin Auction

  20-10-2018 21:45
  The US Marshals Service has announced an upcoming auction for over $4 million worth of bitcoin seized during various legal proceedings. The sealed bid auction, which is scheduled to take place in November, will offer approximately 660 BTC seized during about 31 federal criminal, civil and administrative cases under the asset forfeiture framework of the
  The post Checkbooks Ready! US Marshals to Hold $4 Million Bitcoin Auction appeared first on CCN
  
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• Tether Price Creeps Back to 99 Cents But Fails to Reach Dollar Parity

  20-10-2018 20:30
  The tether price (USDT) is once again trading near $0.98 after failing to crack through the $1.00 threshold, prolonging the USD-pegged cryptocurrency’s departure from dollar parity. The USDT token had on Friday briefly surpassed a global average of $0.99, its highest mark since plunging below $1.00 on Oct. 15. Unable to sustain that recovery, the
  The post Tether Price Creeps Back to 99 Cents But Fails to Reach Dollar Parity appeared first on CCN
  
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• Bytus Wallet – Disrupting the Payment System with a Transparent and Secure Ecosystem

  20-10-2018 20:01
  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 Bytus Wallet – Disrupting the Payment System with a Transparent and Secure Ecosystem appeared first on CCN
  
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• Japan’s Tax Committee Looks to Simplify Cryptocurrency Gains Reporting

  20-10-2018 20:00 via newsbtc.com
  Japan’s Tax Investigation Committee, an advisory body of the government, is looking to simplify its tax filling system as confusion has led to poor reporting of profits with digital currencies in the country.
  Japan Lawmakers Discuss Ways to Simplify Tax Returns of Cryptocurrency Gains
  At a meeting held on Wednesday, members of the taxation committee spoke before the General Assembly to provide expert insight on the emerging problem of reporting cryptocurrency gains.
  Confusion over the calc
  
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• Novogratz Says Cryptos Are Safe, Expects Bitcoin to Rally In Q1 2019

  20-10-2018 19:08
  Mike Novogratz, a prominent cryptocurrency investor, and CEO of Galaxy Investment Partners has toned down his optimism, reiterating that he doesn’t expect a price surge in the price of Bitcoin until institutional adoption occurs, which could happen in the first half of next year. Speaking with Bloomberg’s Erik Schatzker on “Bloomberg Markets: The Close,” the
  The post Novogratz Says Cryptos Are Safe, Expects Bitcoin to Rally In Q1 2019 appeared first on CCN
  
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• Over Half of All Crypto Exchanges Have Security Vulnerabilities: Report

  20-10-2018 17:32
  A recent report from ICO Rating has found that only 46% of cryptocurrency exchanges meet the desired security parameters with the remaining 54% considered to have sub-par security measures in place, leaving hundreds of thousands of traders and investors exposed. The sample group of exchanges contains 100 exchanges all of which have a 24-hour volume of
  The post Over Half of All Crypto Exchanges Have Security Vulnerabilities: Report appeared first on CCN
  
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• Ethereum Price Shorts Reach Record Levels

  20-10-2018 16:35
  Beginning on Thursday, crypto markets experienced a massive sell-off which affected most coins and brought down total market capitalization of cryptocurrencies to $200 billion, down $25 billion in the space of a few hours in what was overall a bearish week for cryptocurrencies as a whole, but ethereum in particular. Behaviour of investors indicates that
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• Japanese Government to Simplify Cryptocurrency Taxation Process

  20-10-2018 15:11
  A committee of tax experts in Japan that is responsible for advising the government on taxation matters has called for the simplification of the country’s cryptocurrency tax filing process. According to officials of the tax panel, the process is currently complicated and a change is required in order to enhance accuracy and compliance. Per a
  The post Japanese Government to Simplify Cryptocurrency Taxation Process appeared first on CCN
  
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• Mike Novogratz Clarifies Anti-Tether Comments, Wants FUD Stopped

  20-10-2018 14:19 via newsbtc.com
  The dismissal market performance of so-called stablecoin Tether should not be the reason to spread FUD against it, clarified Mike Novogratz in his tweet.
  The billionaire Bitcoin bull, who recently criticized USDT for misbalancing its dollar-peg, later said that he believes Tether has every dollar for every USDT. However, he retained his criticism over Tether not being transparent to the community, in the absence of which it is losing grounds in the cryptocurrency market.
  “Id like to put co
  
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• UK Money Management App Emma Makes Crypto Push

  20-10-2018 13:45
  Millennial-focused money management startup Emma Technologies is expanding into crypto. The startup is behind the Emma app for iOS and Android, which is an artificial intelligence-fueled tool that until now has only supported financial institutions like HSBC, Bank of Scotland, Barclays and others, helping users to avoid overdraft fees, manage debt and save money. Now
  The post UK Money Management App Emma Makes Crypto Push appeared first on CCN
  
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• What China's Cashless Revolution Can Teach the West About Crypto

  20-10-2018 12:59
  China appears to have achieved the crypto community's dream of a new internet of value, without blockchain. But there's more than meets than eye here.
  
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• Bitcoin's White Paper Gave Us Liberty – Let's Not Give It Back

  20-10-2018 12:00
  Charlie Shrem, one of bitcoin's earliest entrepreneurs, believes Satoshi's white paper is about more than just technology.
  
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• Blockchain Project Vulcano Announces Successful Relaunch

  20-10-2018 11:39
  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 … Continued
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• Exosis Announces Forthcoming ICO Launch to Facilitate Creation of a Multi Utility Platform

  20-10-2018 11:17
  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 … Continued
  The post Exosis Announces Forthcoming ICO Launch to Facilitate Creation of a Multi Utility Platform appeared first on C
  
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• Wozniacki Becomes First Female Athlete to Launch Personalised Crypto Token

  20-10-2018 10:41
  Caroline Wozniacki, 28-year-old, Danish, No 2 ranked professional tennis star has entered a partnership with Singaporean firm, Global Crypto Offering Exchange (GCOX) to found her own cryptocurrency token. Earlier in the week, CCN reported that Filippino boxing legend Manny Pacquiao could launch his own cryptocurrency before the end of the year. Other celebrity personalities with … Continued
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• Bitcoin Congestion Reaches 95%; Fees Remain Relatively Low

  20-10-2018 10:03 via newsbtc.com
  Bitcoin blocks experienced up to 95 percent congestion this month, but it didn’t impact its transaction fees, which remain at around $0.1
  Cryptocurrency analyst Willy Woo published a graph to demonstrate a stark comparison between BTC transaction fees in two separate congestion episodes. The first case was from 2017, the year that witnessed Bitcoin congestion topping up to 85 percent and its fees peaking to as high as $25 per transaction. The other is from the present when the average Bitc
  
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• Tap Secures Investment from Alphabit and FBG Capital

  20-10-2018 09:08
  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 Tap Secures Investment from Alphabit and FBG Capital appeared first on CCN
  
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• Stablecoins in a Nutshell…And Why They Can Kill Decentralization

  20-10-2018 08:41
  The most commonly known stablecoin is Tether. It is a cryptocurrency that buys one American Dollar from the market before issuing one tether. This means that when one American Dollar leaves active circulation, one Tether enters active circulation. Thus, the price of Tether has stayed stable over the years. A swing of fewer than 10
  The post Stablecoins in a Nutshell…And Why They Can Kill Decentralization appeared first on CCN
  
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• Cryptocurrency Market Update: A New Brave Browser Boosts BAT

  20-10-2018 06:30 via newsbtc.com
  FOMO Moments
  Another flat Saturday as markets are stagnant; Only BAT and DGTX heading higher.
  The weekend has brought no joy to crypto markets which have remained immobile for the past few days. The slow downward slide seems to have halted just below $210 billion market capitalization where things remain for another day.
  Bitcoin is at the exact same place it was on Friday, $6,480 and there is no sign of a breakout just yet. A similar story is being played out in the Ethereum camp during Asian tr
  
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• Onegram wins best Islamic fintech product

  20-10-2018 06:00
  OneGram – the very first Shari’ah-compliant digital asset –  The Global Islamic Finance Awards committee has recognized OneGram as the Best Islamic Fintech Product/Initiative in 2018.(Sarajevo, September 29, 2018) – Bosnia and Hercegovina’s capital city Sarajevo hosted the 8th annual Global Islamic Finance Awards ceremony attended by the President of Bosnia and Hercegovina, Bakir Izetbegović and the President of Djibouti Ismaïl Omar Guelleh, as well a
  
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• Monero Price Analysis: Price Stable, XMR is Bullish above $100

  20-10-2018 04:15 via newsbtc.com
  36 hours after hard forking and Monero buyers are yet to confirm Oct 15 gains. If anything, there seems to be resistance for upsides and this is negative for bulls. Anyhow, we suggest aggressive buyers to load at spot prices with stops at $190 while risk-averse traders should be on the side lines until there are gains above $150. Such gains will most likely trigger a torrent of buyers aiming at $300 and higher.
  Latest Monero News
  Talk of privacy coins won’t leave Monero out and for good re
  
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• Altcoins Price Analysis: Coins Ready to Rally as ADA, Stellar, Litecoin Reject Bears

  20-10-2018 04:00 via newsbtc.com
  While Litecoin might be a “relic” according to Tushar Jain, their developers are ready to slash transaction costs by a factor of 10 once Litecoin core 0.17 goes live. The release date is tentative but what we know for sure is that EOS trade volume are roughly five percent that of Ethereum. Besides, it’s prone to congestion all thanks to the introduction of Block Producers who often collude locking out “outsiders”.
  Let’s have a look at these charts:
  EOS Price A
  
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• 86% of ICO Tokens Now Worth Less than Initial Cryptocurrency Exchange Listing Price

  20-10-2018 02:40
  Global professional services firm Ernst & Young (EY) has released a report on the performance of ICOs over the last year, and in keeping with the bear market for cryptocurrency assets, the trend was predictably downward. Just 10 Tokens Count for 99% of All ICO Gains EY released a report on ICOs back in December 2017,
  The post 86% of ICO Tokens Now Worth Less than Initial Cryptocurrency Exchange Listing Price appeared first on CCN
  
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• iCloud Hacker Demanded $175,000 Ransom to be Paid in Bitcoin

  20-10-2018 01:15 via newsbtc.com
  A hacker who filmed himself accessing Apple iCloud accounts has appeared in a U.K. court.
  Kerem Albayrak had demanded around $175,000 in ransom be paid in Bitcoin and Apple iTunes vouchers for the non-disclosure of sensitive user data.
  Apple Hacker Charged in Connection with Bitcoin Blackmail
  An IT analyst from north London has been charged with one count of blackmail and two counts of unauthorised acts intending to hinder access to a computer. Albayrak appeared at Westminster Magistrates’
  
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• Bitcoin Ponzi Scheme Founder Slapped with $2.5 Million Fine

  20-10-2018 01:10
  New York investment firm Gelfman Blueprint, Inc. (GBI) will see over $2.5 million in fines for fraudulent practices, as filed by the Commodity Futures Trading Commission (CFTC). According to the agency, this marks the first time that CFTC has made an anti-fraud enforcement action involving bitcoin. Yesterday’s CTFC press release states that Gelfman Blueprint Inc.
  The post Bitcoin Ponzi Scheme Founder Slapped with $2.5 Million Fine appeared first on CCN
  
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• SEC Establishes FinHub to Engage Public on Cryptocurrencies

  20-10-2018 00:15 via newsbtc.com
  The U.S. Securities and Exchange Commission (SEC) has announced the launch of the Strategic Hub for Innovation and Financial Technology (FinHub) to promote public engagement on fintech-related issues and initiatives, including blockchain technology and cryptocurrencies.
  SEC Launches FinHub Portal in Connection with the Issuance of Its DAO Report
  FinHub, which replaces several internal working groups at the SEC, includes other areas involving the financial markets sector, including auto
  
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• If Your Bitcoin is Stolen, There’s Only a 20% Chance You’ll Ever Get it Back

  20-10-2018 00:09
  If you’re ever so unfortunate as to become the victim of a bitcoin theft, there’s very little chance that you will ever see your cryptocurrency assets again. For this reason, security experts have suggested that only a fraction of these cases ever get reported, as victims believe they are not likely to retrieve stolen cryptocurrency.
  The post If Your Bitcoin is Stolen, There’s Only a 20% Chance You’ll Ever Get it Back appeared first on CCN
  
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