Cryptocurrency news

• The 6 Big Takeaways From SEC Chair Clayton’s Crypto Remarks

  28-11-2018 23:50
  Following SEC Chairman Jay Clayton's fireside chat at Consensus: Invest, we invited three crypto law experts to unpack what was said.
  
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• 6 Big Takeaways from SEC Chair Clayton’s Crypto Remarks

  28-11-2018 23:50
  Following SEC Chairman Jay Clayton's fireside chat at Consensus: Invest, we invited three crypto law experts to unpack what was said.
  
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• Crypto Firm Galaxy Digital is Losing an Average of $15 Million every Month

  28-11-2018 23:47
  Galaxy Digital Holdings LP, the cryptocurrency merchant bank founded by prominent crypto investor Mike Novogratz, announced losses totaling $41 million for Q3 2018, bringing the total losses for the year so far to $136 million. Bloomberg reports that the Q3 loss was driven by net realised and unrealised losses on digital assets, chiefly caused by losing positions
  The post Crypto Firm Galaxy Digital is Losing an Average of $15 Million every Month appeared first on CCN
  
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• Battered-down bitcoin jumps 15%, lifting cryptocurrency market value by $20 billion - CNBC

  28-11-2018 23:40 via cnbc.com
  Battered-down bitcoin jumps 15%, lifting cryptocurrency market value by $20 billion  CNBCAfter a weeks-long sell-off, bitcoin recovered back above $4300 Wednesday.
  
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• Fear The Legal Creep: US Blacklists BTC Address Used in Ransomware

  28-11-2018 23:14 via feedproxy.google.com
  
  Shortly after the attacks of September 11th, the United States passed legislation giving the federal government sweeping powers. The Patriot Act was designed to be a temporary measure to prevent terrorism in the new age that America found itself in. It passed the House of Representatives and the Senate easily and has been renewed every […]
  The post Fear The Legal Creep: US Blacklists BTC Address Used in Ransomware appeared first on Coinjournal.
  
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• Swiss Brand to Become First European Country to Trace Tuna on the Blockchain

  28-11-2018 23:00 via newsbtc.com
  A Swiss food company is about to become the first European food importer to make the supply chain of its canned tuna fully traceable using distributed ledger technology. Gustav Gerig AG will include the Pacifical logo on the traceable can lids of the “Raimond Freres” brand.
  Atato Builds Ethereum Supply Chain Platform for Tuna Industry
  Pacifical is a global tuna marketing company jointly set up by the eight island nations of the central Pacific: Federated States of Micronesia, Ki
  
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• WATCH: SEC Chairman Jay Clayton’s Full Consensus: Invest Interview

  28-11-2018 22:57
  Clayton spoke Tuesday at the CoinDesk-organized event. Here's the full video of his fireside chat.
  
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• Bitcoin Price Surges 15% in Rebound Action — Has It Bottomed Already?

  28-11-2018 22:44
  The bitcoin price on Wednesday saw the arrival of bulls as it surged 15 percent in an impressive rebound action. The BTC/USD index opened at 3776-fiat while continuing the upside action of the previous day. It kept forming higher highs, eventually setting its daily peak at 4350-fiat as the US trading session came into play.
  The post Bitcoin Price Surges 15% in Rebound Action — Has It Bottomed Already? appeared first on CCN
  
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• NASDAQ Bitcoin Futures Endorsement Stabilizes Market

  28-11-2018 21:37
  Crypto markets went through hell in the past couple of weeks. Since the start of the final week of November however, we are seeing prices stabilizing. The massive carnage across crypto markets that saw Bitcoin trading below $3500 on Sunday appears to be over for now. Speculation about new futures contracts could be stabilizing the … Continued
  
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• NASDAQ Bitcoin Futures Endorsement Stabilises Market

  28-11-2018 21:37
  Crypto markets went through hell in the past couple of weeks. Since the start of the final week of November however, we are seeing prices stabilizing. The massive carnage across crypto markets that saw Bitcoin trading below $3500 on Sunday appears to be over for now. Speculation about new futures contracts could be stabilizing the … Continued
  
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• Amazon Has Launched a New Service for Building Blockchains

  28-11-2018 21:15
  Amazon will help clients build blockchain platforms on Hyperledger Fabric or ethereum with its new product.
  
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• Market Crash Likely the Result of Several Factors, Recovery Could Come Quickly

  28-11-2018 21:00 via crypto-news.net
  November has seen the largest declines in market values this year, with major drops beginning mid-month. Bitcoin’s fall to $4,000 puts it down more than forty percent in two weeks. Altcoins have fared worse, with many losing more than half of their value during the same period. In traditional commodity markets such substantial declines are usually caused by a notable event, yet in the crypto space no single factor can be identified as the cause of the present price crash. To get a better u
  
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• Cryptocurrencies Rally as Bitcoin Moves Above $4,000 for First Time Since Plummeting

  28-11-2018 21:00 via newsbtc.com
  The cryptocurrency markets have rallied, halting their persisting downturn and possibly establishing their recent lows as a bottom. Despite this, a bottom will only be validated contingent upon whether or not the markets, and Bitcoin in particular, can sustain their current rally long-term.
  At the time of writing, Bitcoin is trading up 13% at its current price of $4,200, significantly outperforming most major altcoins. Bitcoin appears to have established $3,600 as a temporary bottom, as thi
  
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• Norway: Tax on Crypto Mining Scares Away $11.7 Million Foreign Investment

  28-11-2018 20:25
  NTC Services AS revealed that a foreign investor had stopped an $11.70 million investment into a crypto mining facility which was going to be built in Norway’s Tydal municipality. The data center consultancy told E24 that the investor went cold feet after hearing about the Norwegian government’s decision to exempt crypto mining centers from electricity
  The post Norway: Tax on Crypto Mining Scares Away $11.7 Million Foreign Investment appeared first on CCN
  
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• Norway: Tax on Crypto Mining Scares away $116 Million Foreign Investment

  28-11-2018 20:25
  NTC Services AS revealed that a foreign investor had stopped an $116 million investment into a crypto mining facility which was going to be built in Norway’s Tydal municipality. The data center consultancy told E24 that the investor went cold feet after hearing about the Norwegian government’s decision to exempt crypto mining centers from electricity
  The post Norway: Tax on Crypto Mining Scares away $116 Million Foreign Investment appeared first on CCN
  
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• Cryptocurrency Analysis: Premonitions And Foreboding - Forbes

  28-11-2018 20:19 via forbes.com
  Forbes
  Cryptocurrency Analysis: Premonitions And Foreboding
  Forbes
  As the Federal Reserve issues its own warnings of a particularly large market drop, investors continue to seek certainty where none can be found in any market. As covered by Fortune writer Chris Morris, issues include trade tensions, rising corporate ...
  
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• Google Searches for ‘Bitcoin’ Just Hit Their Highest Level Since April

  28-11-2018 20:00
  The number of Google searches for bitcoin has seen a notable uptick this week, now recording its most searches worldwide since last April.
  
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• USDC’s Ecosystem Continues to Thrive, Circle Adds Five New Partners

  28-11-2018 19:39
  Most recently, Binance enabled support for USDC deposits and trading on the stablecoin’s pairs.
  
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• US Treasury Sanctions Bitcoin Addresses, Two Iranian Men, in Ransomware Hacks

  28-11-2018 19:30 via newsbtc.com
  For the first time ever, the U.S. Treasury Department announced that they have sanctioned two Bitcoin wallet addresses connected to a ransomware scheme associated with two Iranian men.
  Bitcoin Wallets Sanctioned in Unprecedented Case
  As first today, the U.S. Treasury Department’s Office of Foreign Assets Control claimed that the two men indicted in the sanctions, named Ali Khorashadizadeh and Mohammed Ghorbaniyan, aided ransomware schemes that exploited unsuspecting victims out of Bitcoin
  
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• ICO Market is Dead: Crypto Investor Barry Silbert

  28-11-2018 19:30
  The ICO market is dead, but that won’t hamper the inevitable growth of the cryptocurrency market, says Barry Silbert, the founder of crypto investment fund Digital Currency Group. Silbert said the frenzy for initial coin offerings in 2017 fueled the meteoric spike in bitcoin prices, but now the ICO market has been decimated, resulting in
  The post ICO Market is Dead: Crypto Investor Barry Silbert appeared first on CCN
  
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• Zero Fees and Interest-free Loans in Decentralized Credit Networks

  28-11-2018 19:11 via newsbtc.com
  Blockchain can disrupt the traditional banking industry, enabling new business models, and making the traditional financial infrastructure more efficient. Decentralized financial networks are based on smart contracts and P2P services which replace banks as a trusted party. Systems and solutions like GEO Protocol have the potential to fully reshape the financial world by providing real-time transactions, ubiquity, and fairness.Money lending is the core principle of any functioning economy. Decent
  
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• 2018 Bytom Global DevCon was Successfully Held, the US Team Won the First Prize of 200,000 BTM

  28-11-2018 18:55
  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 2018 Bytom Global DevCon was Successfully Held, the US Team Won the First Prize of 200,000 BTM appeared first on CCN
  
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• Ardor Lightweight Contracts: Since Existing Smart Contracts Are Not So Smart

  28-11-2018 18:43
  This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. One thing has held true for more than five years – while the market goes up and down and over-funded market leaders delay upgrades, the teams behind Bitcoin,
  The post Ardor Lightweight Contracts: Since Existing Smart Contracts Are Not So Smart appeared first on CCN
  
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• ‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $500 Million in Value

  28-11-2018 18:40
  Editor’s note: The article and headline have been updated with the correct figures for Storebrand’s market cap. Storebrand, a leading Norwegian financial services group worth more than $3 billion shed 14 percent of its share value on Wednesday morning after falling victim to a phenomenon known as a “fat-finger” error. The term refers to an
  The post ‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $500 Million in Value appeared first on CCN
  
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• ‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $12 Billion in Value

  28-11-2018 18:40
  Storebrand, a leading Norwegian financial services group worth more than $81 billion shed 14 percent of its share value on Wednesday morning after falling victim to a phenomenon known as a “fat-finger” error. The term refers to an erroneous keyboard or mouse input that places a buy or sell order that is magnitudes larger than
  The post ‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $12 Billion in Value appeared first on CCN
  
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• Steemit Lays Off 70% of Its Staff, Citing Crypto Bear Market

  28-11-2018 18:10
  "We've been forced to lay off more than 70% of our organization and begin a restructuring," says Steemit founder Ned Scott.
  
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• ZenSports to Create Decentralised Sports Betting Marketplace for Anyone to Create and Accept Bets

  28-11-2018 18:05 via feedproxy.google.com
  
  Sports betting is a $120 billion industry, but in countries such as the U.S., where sports betting is popular, it’s likely to grow to $300-$400 billion in five years. At the moment, though, there are three major problems impacting online sports betting: outdated payment systems, resulting in high fees, delays, and potential fraud; limited types […]
  The post ZenSports to Create Decentralised Sports Betting Marketplace for Anyone to Create and Accept Bets appeared first on Coinjournal
  
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• Move over Twitter: Crypto Scams Have Infiltrated Facebook

  28-11-2018 18:00 via newsbtc.com
  While cryptocurrency-related scams are commonplace on Twitter, Facebook users have started being targeted by scammers with fake cryptocurrency ads.
  Facebook Users Targeted with Fake Crypto Ads
  Twitter has been widely plagued with cryptocurrency-related scams, typically through phony giveaways that lure users into sending crypto in exchange for a larger sum. The scam is so frequent and so commonplace, that scammers may have reached a level of saturation on that social media platform, and hav
  
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• Judge Slaps Down SEC Attempt to Label ICO Token as Security

  28-11-2018 17:50
  US District Judge Gonzalo Curiel of the Southern District of California declared yesterday that the Securities and Exchange Commission (SEC) had failed to demonstrate that the Blockvest ICO met the characteristics of a security under US law. The case will go to trial, as such. There are three important metrics involved in determining whether a
  The post Judge Slaps Down SEC Attempt to Label ICO Token as Security appeared first on CCN
  
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• Mike Novogratz’s Crypto Bank Incurs $41 Million in Q3 Losses

  28-11-2018 17:28
  The New York-based firm reported a net loss of $136 million during the nine months through September 2018
  
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• BANKEX Partners Devexperts for Institutional Crypto Product

  28-11-2018 17:02
  The new broker-dealer and end-user oriented product is in development
  
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• Mobile Forum Giant Tapatalk Will Reward its 300 Million Users with Kin Cryptocurrency - CCN

  28-11-2018 17:00 via ccn.com
  Mobile Forum Giant Tapatalk Will Reward its 300 Million Users with Kin Cryptocurrency  CCNTapatalk has struck a deal with the Kin Foundation to reward its users with cryptocurrency for posting quality *content* on the platform.
  
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• Mobile Forum Giant Tapatalk Will Reward its 300 Million Users with Kin Cryptocurrency

  28-11-2018 17:00
  Tapatalk, the mobile forum application with an aggregate registered user base of 300 million, has struck a deal with the Kin Foundation to reward its users with cryptocurrency for posting quality content on the platform. Announced on Wednesday, the partnership will see Tapatalk, whose platform hosts 200,000 forums based in 186 countries, seek to build
  The post Mobile Forum Giant Tapatalk Will Reward its 300 Million Users with Kin Cryptocurrency appeared first on CCN
  
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• Trade.io Hires Finance Veteran to Help with Swiss VQF Licence

  28-11-2018 16:55
  The licence will assure people that all Trade.io operations are compliant with Swiss anti-money laundering legislation.
  
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• US Regulators Tie Two Bitcoin Addresses to Iranian Ransomware Plot

  28-11-2018 16:34
  For the first time, the U.S. Treasury Department is adding crypto addresses to its list of Specially Designated Nationals.
  
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• Jon Moore on Bitcoin and Litecoin adoption

  28-11-2018 16:30
  If you follow Jon Moore on social media, you will definitely be reminded of Roger Ver during the first half of the decade. The New Jersey BTC and LTC advocate is passionate about his work, and convinced that crypto will change the world for the better. Furthermore, his views on money seem to be Keynesian, and he is partly responsible for the #PayWithLitecoin movement on Twitter.
  The main difference between Jon Moore and Roger Ver is that the former is not a fan of big institutions and wants to h
  
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• KuCoin Partners with Simplex, Enables Credit Card Payments

  28-11-2018 16:06
  Simplex is an Israeli payments startup with a focus on fraud prevention.
  
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• Crushing it: Stellar, Litecoin, Monero, & Zcash Post Major Gains as Crypto Market Rallies

  28-11-2018 16:02
  A few of the top 15 cryptocurrencies saw notable increases over the past twenty-four hours. Stellar saw a gain of 15% against the US dollar, with 22% of its volume being against USD or USD-pegged cryptocurrencies themselves – meaning these gains are realistic, not just figurative. Litecoin gained over 13% against the dollar while Monero
  The post Crushing it: Stellar, Litecoin, Monero, & Zcash Post Major Gains as Crypto Market Rallies appeared first on CCN
  
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• Coinbase Launches OTC Platform, Clients Still Bullish On Crypto

  28-11-2018 16:00 via newsbtc.com
  Since Coinbase’s inaugural day in business during June 2012, the San Francisco-based startup has become world-renowned for its penchant for innovation within the cryptosphere and Bitcoin ecosystem. And this theme has fortunately persisted to this day, even while 2018’s market predicament has brutally executed a plethora of crypto upstarts, save for Coinbase and other ‘too big to fail’ platforms.
  Not only has the firm continued to rake in sky-high profits, while
  
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• Even with the Market Crash, Crypto Holders Are Still Giving

  28-11-2018 15:12
  There hasn’t been much good news lately with prices on a downward spiral. Even with an overnight surge, no one knows for sure if crypto has hit rock bottom yet. So it may come as a surprise that even when crypto HODLers are bleeding wealth, they’re still in a giving mood. According to a survey
  The post Even with the Market Crash, Crypto Holders Are Still Giving appeared first on CCN
  
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• South Korea Eyes More Reliable E-Voting With December Blockchain Trial

  28-11-2018 15:10
  South Korea's National Election Commission says it is building a blockchain-based voting platform to be trialed in December.
  
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• CryptoKaiju: Proving Real Life Collectibles

  28-11-2018 15:08 via feedproxy.google.com
  
  [Disclaimer: CryptoKaiju was Co-Founded by Oliver Carding, my fellow Co-Founder of CoinJournal and the guy that pays my checks. That said, I have no direct involvement with CryptoKaiju, and I really do think it is a unique product. I am being paid my normal salary for this article. I will also be getting a free […]
  The post CryptoKaiju: Proving Real Life Collectibles appeared first on Coinjournal.
  
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• Crypto Exchanges Embrace New Stablecoin Systems to Curb Price Volatility

  28-11-2018 15:00 via newsbtc.com
  Crypto markets have plunged as much as 80 percent since their all-time high. Some currencies, however, were designed to protect investors from such catastrophic events. The recent market crash was an assessment of these “stablecoins” – whether they were able to keep the investments steady, or if they failed outright. The latest activities taking place inside the biggest cryptocurrency exchanges show that stablecoins succeeded to some extent.
  Binance, Huobi Create Special Stable
  
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• SEC boss pours cold water on Bitcoin ETF hopes

  28-11-2018 14:51
  The cryptocurrency community has been eagerly awaiting the approval of a Bitcoin ETF since early November, when U.S. regulatory agencies were supposed to officially announce a decision on a number of submissions that had been in the pipeline for months. However, now it appears that traders may have to wait a bit longer.
  On Tuesday, SEC chief Jay Clayton voiced concerns over the security and legitimacy of Bitcoin and cryptocurrency exchanges at the Consensus Invest Conference in New York City, &l
  
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• U.S. FDA Eyes Blockchain to Enhance Food Safety in the Wake of E. coli Outbreak

  28-11-2018 14:11
  Following an outbreak of E. coli in the United States that was linked to romaine lettuce, the Food and Drug Administration (FDA) is considering better track-and-trace methods and this includes the use of blockchain technology. Speaking to business news channel CNBC, FDA commissioner Dr. Scott Gottlieb announced that the federal agency had hired the vice
  The post U.S. FDA Eyes Blockchain to Enhance Food Safety in the Wake of E. coli Outbreak appeared first on CCN
  
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• Crypto Custody Essential For Goldman Sachs to Enter Markets

  28-11-2018 14:00 via newsbtc.com
  Holding onto and storing digital assets for clients has become one of the key criteria in offering crypto services, at least according to Goldman Sachs.
  The Wall Street banking giant said that it is not any closer to offering cryptocurrency products amid this year’s bear market according to Bloomberg. The bank’s head of digital asset markets, Justin Schmidt, highlighted the need for custody as he told reporters at a New York conference;
  “One of the things they ask me is ‘
  
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• Coinbase Quietly Opened Its OTC Crypto Trading Desk This Month

  28-11-2018 13:31
  U.S.-based cryptocurrency exchange Coinbase opened its over-the-counter (OTC) crypto trading desk this month, Cheddar reports.
  
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• SEC Head on Bitcoin ETFs: “We’re Not Going to Relax Our Rules”

  28-11-2018 13:26
  Jay Clayton isn't interested in "doing any violence" to traditional definitions that have worked well in the past.
  
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• SEC Head on Bitcoin ETFs: “We Need to Know That the Assets are There”

  28-11-2018 13:26
  Jay Clayton isn't interested in "doing any violence" to traditional definitions that have worked well in the past.
  
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• Hollywood Blockbuster Wreck-it-Ralph 2 Features Crypto Cameo

  28-11-2018 13:05
  The relentless incursion of cryptocurrency into popular culture has recorded another first with the SAFE Network being featured in the newly-released animation movie ‘Wreck-it-Ralph 2 – Ralph Breaks The Internet’. First pointed out by posters on internet forums, the feature was then confirmed by a shot of a cinema screen showing the SAFE logo clearly
  The post Hollywood Blockbuster Wreck-it-Ralph 2 Features Crypto Cameo appeared first on CCN
  
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