A risk assessment report released by the Financial Information Unit (FIU) found banks more vulnerable to money laundering and terrorist financing risks than cryptocurrencies, Business Korea reported.
The division of South Korea’s Financial Services Commission researched its domestic financial sector, which includes banks, securities companies, insurers, mutual financing companies, credit card services, and even crypto exchanges. After a thorough assessment, it found that while ba
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Report: Banks Are More Vulnerable to Terrorist Financing Than Crypto
via newsbtc.com -
Breaking: SEC Charges Floyd Mayweather, DJ Khaled with Illegally Promoting ICOs
The US Securities and Exchange Commission (SEC) has charged boxing legend Floyd Mayweather and recording artist DJ Khaled with illegally promoting initial coin offerings (ICOs). The two celebrities, as CCN reported, had been among the most prolific ICO promoters, pumping crypto tokens on social media while sometimes failing to disclose that the posts — which
The post Breaking: SEC Charges Floyd Mayweather, DJ Khaled with Illegally Promoting ICOs appeared first on CCN -
SEC Fines Floyd Mayweather, DJ Khaled for ICO Promotions
Floyd Mayweather and DJ Khaled settled charges with the SEC, which said they promoted ICOs without disclosing payments from token issuers. -
Binance Expands Stablecoin Options, Lists PAX as Base Currency
Binance has recently added more non-volatile coins to its platform. -
Binance Expands Stablcoin Options, Lists PAX as Base Currency
Binance has recently added more non-volatile coins to its platform. -
Crypto Surges $23 Billion amid US Stock Market Recovery: Direct Correlation?
On November 28, the Dow Jones Industrial Average surged by 617 points, recording its biggest rally since March. Following the unexpected rebound of the U.S. stock market, the crypto market increased in valuation, by more than $23 billion. Federal Reserve Chairman Jerome Powell announced on Wednesday that interest rates have declined to a neutral level,
The post Crypto Surges $23 Billion amid US Stock Market Recovery: Direct Correlation? appeared first on CCN -
Flipside Crypto Adds Coinbase, DCG as Investors, Aims to Offer Fresh Approach to Digital Asset Value
via newsbtc.comAs the cryptocurrency market continues to expand and mature, investors are increasingly seeking ways to spot a great project from vaporware dressed up with buzzwords. Flipside Crypto will provide data on various aspects of different digital assets.
Flipside Crypto Impresses Big Names with “Unique” Crypto Data Platform
According to a report in MarketWatch, Flipside Crypto has suitably impressed two of the largest names in the digital currency space. Coinbase and the Digital Currency G -
US Judge Denies SEC Push for Injunction Against Crypto Startup
A US District Judge ruled that the SEC has not yet provided sufficient evidence that Blockvest broke securities laws. -
Blue Helix’s BHEX Exchange Raises $15 Million to Reshape Crypto Trading Security
A decentralised platform aimed at providing a custody and clearing product for crypto assets has seen its BHEX Exchange raise $15 million in funding. The new funding for Blue Helix came from the likes of Huobi Global, OKCoin, Genesis Capital, Node Capital, City Holdings, and Yintai Investment, to name a few. According to an announcement, […]
The post Blue Helix’s BHEX Exchange Raises $15 Million to Reshape Crypto Trading Security appeared first on Coinjournal. -
US Blacklists Bitcoin Addresses of Iranians Behind SamSam Ransomware
Readers may remember the SamSam ransomware attack, which cost everyday computer users a total of at least $6 million in BTC, as reported back in August. Today the US Treasury announced that it had uncovered the names of two Iranians who helped turn the bitcoins acquired in the scam into Iranian currency for the attackers.
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The Bitcoin Cash Hash War is Over. It Also Ended the BTC/BCH War.
Coingeek, the voice of Calvin Ayre and the most prominent supporter of Craig Wright and his Bitcoin SV chain, has apparently thrown in the towel. They have announced that they are no longer trying to unify the chains under the Bitcoin SV rules or fighting for the BCH ticker.. Instead, they are moving forward with […]
The post The Bitcoin Cash Hash War is Over. It Also Ended the BTC/BCH War. appeared first on Coinjournal. -
ASUS Announces Crypto-Mining Partnership Despite Market Challenges
via newsbtc.comASUS has announced a partnership with Quantumcloud that turns idle graphic cards into cryptocurrency miners.
ASUS Partners with Quantumcloud
Taiwan-based computer and electronic component manufacturer AsusTek Computer Inc., most commonly known as ASUS, has partnered with “innovation factory” Quantumcloud, reports Tech Radar.
The partnership will allow owners of ASUS-branded graphics cards to mine for cryptocurrencies like Bitcoin and Ethereum, while a GPU is idle. According to the re -
Crypto Will Survive Bear Market But Won’t Replace Money: Allianz Chief Economist
Crypto will survive the current market sell-off because it’s here to stay. However, cryptocurrencies won’t replace fiat money anytime soon. That’s the assessment of Allianz chief economist Mohamed El-Erian. “Cryptocurrencies will exist. They will become more and more widespread, but they will be part of an ecosystem,” El-Erian said at the Consensus: Invest conference in New York. “They
The post Crypto Will Survive Bear Market But Won’t Rep -
Sirin Labs’ $999 Blockchain Phone Will Start Shipping in December
The Finney phone should begin shipping next month. It aims to stand out from the rest with a built-in cold storage wallet. -
Cryptocurrency Prices Hold Steady, Could Be More Losses Ahead - newsBTC
via newsbtc.comCryptocurrency Prices Hold Steady, Could Be More Losses Ahead newsBTCAfter a day of relatively large gains, the overall cryptocurrency markets have held steady and have not yet surrendered their recent gains to the bears. -
Cryptocurrency Prices Hold Steady, Could Be More Losses Ahead
via newsbtc.comAfter a day of relatively large gains, the overall cryptocurrency markets has held steady and have not yet surrendered their recent gains to the bears. Despite its apparent stability at its current price levels, there could be further losses to come according to one analyst.
At the time of writing, Bitcoin is trading up 3% at its current price of $4,340, holding steady after rising from weekly lows of $3,600. Although Bitcoin is trading up approximately 20% from its recently set 2018 lows, -
Coinbase Adds Privacy-Centric Crypto Zcash to Pro Trading Exchange
The announcement briefly caused the price of ZEC to spike. -
Mark Yusko: US Stock Market Bloodbath Likely, Bitcoin a Good Long-Term Bet
Student loans, credit card debt, mortgage, corporate loans, and all kinds of debt are placing huge pressure on the U.S. stock market. Over the long-term, Mark Yusko believes emerging markets and Bitcoin are viable long-term bets for investors. On CNBC’s Fast Money, Morgan Creek Capital Management CEO and chief investment officer Mark Yusko expressed his
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Bitcoin price update: Where to next?
The past two days or so have provided an interesting change in price action. Sentiment has changed slightly, at least for now. A bit of bullish bitcoin price movement has been in the works lately, breaking out of the $3k range, as we currently see $4290 at press time on Blockmodo.
Overall outlook still seems to have a bearish tone, although several bullish anouncements have brightened people’s opinions a bit.
Recent Bullish Bitcoin Price News
Nasdaq VanEck Partnership
CNBC reported ye -
Iranian Bitcoin Users Are Already Being Affected By New US Sanctions
New sanctions from the US government are driving Iranian bitcoin users to pursue more secure and private wallet solutions. -
Donald McIntyre on Ethereum Classic’s Solidity, Barry Silbert, and Price
During his interview with Crypto Insider, ETCDEV’s head marketer and vocal spokesperson Donald McIntyre talked about the solidity of Ethereum Classic (to be read and understood as “robustness”, as there wasn’t a discussion about the programming language) in relation to the story Giacomo Zucco told about the tale of the three little pigs and their houses, the involvement of Barry Silbert as an investor, and why the price matters in order to encourage development of the pro -
BitMart Announces Strategic Partnership with Tron
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 BitMart Announces Strategic Partnership with Tron appeared first on CCN -
TRON Announces Blockchain Gaming Fund, Expects $100 Million
CEO Justin Sun says that the inititative will empower developers. -
Bitcoin is Criminal Money Says the Media While Deutsche Bank Gets Raided for Laundering
via newsbtc.comDeutsche Bank has been raided today on the suspicion of money laundering. The German institution was stormed by 170 officials and, weirdly enough, no Bitcoin was found on the scene.
Deutsche Bank Believed to Have Handled $354 Million in “Dirty Money” in 2016
The way the mainstream media talks about Bitcoin in relation to financial crimes, anyone would think money laundering is a completely new phenomenon, only enabled by the revolutionary fintech innovation. Of course, this is not th -
Ohio Is ‘Planting A Flag’ And ‘Embracing Cryptocurrency’: State Treasurer
Asked on Bloomberg News Thursday morning “just how big a deal” it is that Ohio now accepts cryptocurrencies for tax payments, Ohio State Treasurer Josh Mandel responded in kind saying that Ohio is “proud to do its small part” by being the first in the nation to do so. Speaking from a true position of
The post Ohio Is ‘Planting A Flag’ And ‘Embracing Cryptocurrency’: State Treasurer appeared first on CCN -
QCP Capital Connects to Seed CX Trading Platform
The exchange operator says the deal will boost liquidity for US investors -
ConsenSys Leads $2.1 Million Funding Round into Ethereum Hosted Protocol AZTEC
ConsenSys Labs, an Ethereum incubator owned by ConsenSys has led a $2.1 million seed investment into AZTEC, a London-based protocol developer, according to its press release sent to CoinJournal. AZTEC is an Ethereum mainnet-hosted protocol that helps to facilitate private transactions on the public blockchain. Founded by Dr. Zachary Williamson and Tom Pocock, AZTEC claims […]
The post ConsenSys Leads $2.1 Million Funding Round into Ethereum Hosted Protocol AZTEC appeared first on Coinjour -
Bitcoin Mining Giant Holds Flash Sale to Celebrate Price ‘Bottom’
Bitcoin miner maker Canaan Creative has revealed it is temporarily cutting prices to "celebrate" bitcoin's recent price rise. -
Trending: Google Searches for Bitcoin Surges to 8-Month High
The interest toward Bitcoin by the mainstream has started to increase once again. According to Google Trends, the popularity of the keyword “Bitcoin” on the search engine recently achieved March highs. The frequency of Bitcoin searches on Google has been on a constant downtrend for more than eight months, possibly due to the 85 percent
The post Trending: Google Searches for Bitcoin Surges to 8-Month High appeared first on CCN -
Fidelity Looking to Expand Digital Asset Trading Beyond Bitcoin and Ether
Fidelity Investments is looking to expand its institutional crypto asset platform to include trading services for the top five to seven cryptocurrencies by market cap. -
Tom Lee: Crypto Is Bent Not Broken, Plenty of Room to Grow
via newsbtc.comWhether you like him or not, Tom Lee, Fundstrat Global Advisors’ head of research, has been one of Bitcoin’s foremost advocates in recent memory. In a testament to this, the former JP Morgan managing partner has arguably become crypto’s de-facto figurehead, appearing on mainstream outlets to tout his over-ardent optimism on this budding asset class. And while his short-term outlook on Bitcoin has recently undergone a slight shift, presumably due to this year&rsqu -
‘Unequivocal Yes’: NYSE Chair Says Bitcoin and Crypto Are Here To Stay
Bitcoin and cryptocurrencies are here to stay despite the current bear market, says Jeff Sprecher, chairman of the New York Stock Exchange and CEO of its parent company, Intercontinental Exchange (ICE). When asked about the plunging crypto market values, Sprecher said as an exchange operator, it’s not his place to opine about prices. However, he’s confident
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ASUS wants gamers to mine cryptocurrency when they don't play games - The Next Web
via thenextweb.comASUS wants gamers to mine cryptocurrency when they don't play games The Next WebASUS is the latest technology giant to hop on the cryptocurrency mining bandwagon. The Taiwanese manufacturer is now encouraging gamers to mine ... -
Running a Lightning Node just got easier
Depending on whom you ask, The Lightning Network is either the most brilliant invention since Bitcoin itself, or just questionable vaporware that stunts the growth of Bitcoin. Yet regardless of this technological and ideological division, everybody can agree on one idea: decentralization matters.
In order for Lightning to be successful in its attempt to build a reliable second layer for payments, the distribution of nodes must be as broad and numerous as possible. Advocates of the small block an -
$19 Billion Gained in 24 Hours: Crypto Market Makes a Recovery
Within the past 24 hours, the crypto market has added $19 billion to its valuation as the price of Bitcoin (BTC) surged to $4,300. After dropping to the low $3,000 region, Bitcoin engaged in an unexpected price rally, rising by more than 15 percent on a single day. The newly established momentum of Bitcoin allowed
The post $19 Billion Gained in 24 Hours: Crypto Market Makes a Recovery appeared first on CCN -
Crypto Investor: Bitcoin Has Yet To Bottom, But $4,200 Is a Steal
via newsbtc.comOn Wednesday, after a multi-week sell-off that saw crypto assets toss and turn non-stop, investors in this market found some much-needed reprieve. In the span of 12 hours, Bitcoin surged past $3,800, establishing a five-day high at $4,375 on the back of an aggressive influx of buying pressure. And with this move, which saw the aggregate value of all crypto assets move towards $140 billion, optimists claim that a bull run, or a recovery at the very least, is in this market’s grasp.
As Bitco -
ConsenSys Backs $2.1 Million Funding Round for Ethereum Privacy Startup
ConsenSys Labs has led a $2.1 million seed round for AZTEC, a startup working to make ethereum transactions private. -
Coinbase, DCG Join $4.5 Million Seed Round for Crypto Evaluation Startup
Coinbase Ventures, DCG and others have provided $4.5 million in funding for an analytics startup that wants investors to think beyond market cap. -
Breaking: Multiple Users Report Issues with Blockchain.com
Users can't get into their wallets, and some saw their accounts briefly registering 0. -
Crypto Cooldown Forces Steemit to Lay off 70% of Employees
Steemit, a decentralized sharing system and distributed app designed to rewards content creators with crypto, will be laying off a massive chunk of its staff. The company announced that it is cutting off 70% of its workforce, citing “the weakness of the cryptocurrency market, the fiat returns on our automated selling of STEEM diminishing, and
The post Crypto Cooldown Forces Steemit to Lay off 70% of Employees appeared first on CCN -
Amazon Gets Deeper into Blockchain, What Does it Mean For Crypto?
via newsbtc.comWhen huge tech or commerce companies get into blockchain it makes the headlines. They don’t come much bigger than retail giant Amazon which has just launched two new distributed ledger services.
Yesterday Amazon Web Services (AWS) CEO Andy Jassy announced the launch of Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain according to Zdnet. He acknowledged that clients want more than just a database when using blockchain technology;
“Even though we have a lot of custom -
Hackers Attacked by Bear: Crypto-Jacking is Declining
The cyber-security company names cryptocurrency mining as its story of the year. -
Blockchain Oil Trading Platform Backed by Shell and BP Is Now Live
A blockchain platform built by a group of major firms to bring new efficiencies to energy commodities trading has gone live. -
UAE Launches Blockchain Initiative to Process 50% of Govt. Transactions by 2021
The government of the United Arab Emirates has unveiled two national initiatives focusing on strengthening the position of the country globally in emerging technologies such as blockchain and artificial intelligence. One of the programs that were launched during the second UAE Government Annual Meetings which took place in the capital Abu Dhabi was the AI
The post UAE Launches Blockchain Initiative to Process 50% of Govt. Transactions by 2021 appeared first on CCN -
Introducing Chronoswiss: Swiss-made Watches Immortalised on the Blockchain
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. Tech Bureau Europe, one of Japan’s foremost Crypto-Fintech labs, has announced the unveiling of an exclusive online store for crypto-influenced watches in collaboration with Chronoswiss. This first-of-its-kind collaboration
The post Introducing Chronoswiss: Swiss-made Watches Immortalised on the Blockchain appeared -
Blockchain Based Invoice Financing Platform Hiveterminal Online, Set to Disrupt Current Industry
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. As a financial instrument, invoice financing is a valuable tool that organizations frequently and actively use for liquidity. In the current setup, only institutional investors such as large
The post Blockchain Based Invoice Financing Platform Hiveterminal Online, Set to Disrupt Current Industry appeared first on CCN -
Tron’s TRX Up Almost 40% on The Week as Odyssey 3.2 Protocol Goes Live
via newsbtc.comTron (TRX) has surged as much as 40% this week as the global crypto market rebounded from their lowest levels this year.
The overall rebound appears in the wake of a peaceful closure between Bitcoin ABC and Bitcoin SV groups. The two, formed after the split of Bitcoin Cash blockchain, had spoiled the crypto market sentiment by waging a so-called hash war over the original BCH ticker. Weeks after ABC gained supremacy over the Bitcoin Cash network, SV conceded defeat and went its separate way as a -
Tron (TRX) Spikes 33.33% in Daily Gains as Crypto Market Rebounds
Tron on Thursday rose up to 33.33% against the US Dollar as the crypto market headed for an extended upside action. The TRX/USD tested a new weekly high at 0.016-fiat, according to data available at BitFinex, before correcting lower towards 0.0144-fiat, an intraday support. It should be more likely a bull flag formation, meaning the
The post Tron (TRX) Spikes 33.33% in Daily Gains as Crypto Market Rebounds appeared first on CCN -
Research: Crypto Mining Malware Still Abundant Despite Market Decline
via newsbtc.comResearchers at Kaspersky Labs have released a report stating that 2018 has been the year of the crypto-miners.
Previous years were noted for ransomware or browser hijackers but this year has seen the biggest rise in mining malware designed to commandeer unsuspecting computers for their processing power. Most malware infects a computer when it is downloaded alongside compromised software and websites such as games, gambling or porn. High profile cases have involved compromised Facebook Messenger -
Bull Reversal? Bitcoin Sees Biggest Single-Day Price Gain Since April
Bitcoin is teasing a short-term bullish reversal, having just recorded its biggest single-day gain in seven months.
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