CCN recently reported on the case of CoinFlux CEO Vlad Nistor. The Romanian bitcoin exchange executive has been arrested on suspicion of money laundering and other crimes and is currently fighting extradition to the United States. Earlier this week, CoinFlux posted to Medium.com to inform followers that they are unable to access parts of their
The post Romania Bitcoin Exchange CoinFlux Halts Activities after CEO’s Arrest appeared first on CCN
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Romania Bitcoin Exchange CoinFlux Halts Activities after CEO’s Arrest
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Tribute to one of crypto’s godfathers, Timothy C. May
Timothy C. May, 67, died this week in Corralitos, California. He was co-founder of the cypherpunk movement, discoverer of Radiation-Induced Single Event Upsets in integrated circuits, an uncompromising proponent of firearms, and a godfather of cryptocurrencies in general. Lucky Green, May’s friend and one of the earliest contributors to the Tor project said in a Facebook post:Word has reached me that my dear friend, co-conspirator in many things and for many years, fellow Freedom Fighter T -
Crypto ATM Growth Proof that Mass Adoption is Underway
via crypto-news.netDeclining fiat values has prompted many crypto critics to assert that blockchain assets are fundamentally flawed, or far less popular than earlier believed. The truth appears to be more complicated, with blockchain technology thriving, and interest in crypto continuing to grow, despite the drop in prices. One clear indicator of crypto’s increasing popularity is the proliferation of cryptocurrency ATMs, better known as Bitcoin ATMs (BTMs). These machines have become one of the most popular -
A Look at Some of 2018's Most Popular Cryptocurrency Traders - Bitcoin News
via news.bitcoin.comA Look at Some of 2018's Most Popular Cryptocurrency Traders Bitcoin NewsCryptocurrency trading is a popular pursuit, as the fluctuation of digital assets provides plenty of profit-taking opportunities. The volatility gives expert traders ... -
Coinbase Exec. Unpacks the Industry Giant’s About-Face on Crypto Listings
Coinbase Vice President Dan Romero has given reasons behind the platform’s recent announcement that it is exploring support for dozens of new cryptocurrency assets, arguably in contrast to its long-cautious approach to supporting individual crypto tokens. Speaking recently to Linda Shin on an episode of the Unchained podcast, he delved into the factors that predicated
The post Coinbase Exec. Unpacks the Industry Giant’s About-Face on Crypto Listings appeared first on CCN -
Doom and Gloom: Is Bitcoin Headed to Zero in 2019?
Some analysts see doom and gloom for Bitcoin in 2019. -
Circle CEO: Bitcoin Price Will Boom In Years To Come
via newsbtc.comAs the Bitcoin price has fallen throughout 2018, investors have sought solace in chaotic waters. Case in point, consumers en-masse have latched onto institutional forays, promising crypto-centric platforms, and ambitious price predictions from this industry’s finest in a bid to stay afloat. Investors’ thirst for the latter was quenched on Friday, as Jeremy Allaire, CEO of the Boston-based fintech upstart Circle, sat down with CNBC’s Squawk Box.What does the future hold for -
Digix Stablecoin Seeks to Put Gold on the [Ethereum] Blockchain
The stablecoin is still an evolving concept, and there have been multiple approaches to it. Dai has algorithmic methods to keep it tied to the US Dollar, while the multitude of stablecoins – USDT, PAX, GUSD, TUSD, and USDC — all simply offer a 1:1 exchange ratio. The recently-rebranded Ampleforth offers an elastic supply so
The post Digix Stablecoin Seeks to Put Gold on the [Ethereum] Blockchain appeared first on CCN -
Hong Kong Bitcoin Wiz Throws Millions From Rooftops, Subsequently Arrested
via newsbtc.comCrypto enthusiasts are always deemed a bit nutty by the public. Bitcoin, specifically to them, is an abstract concept that often represents little-to-zero intrinsic value, and altcoins aren’t much better. And unfortunately, the public’s negative conjectures towards the cryptosphere were confirmed on Saturday, as a Hong Kong Bitcoin millionaire dispensed millions of the local currency onto the public in an apparent publicity scheme.
Bitcoin Millionaire Embarks On Apparent Publicity St -
Hydro to Fork Coinbase-Listed 0x (ZRX), Get Rid of Crypto Token
The Hydro Foundation has announced its decision to fork the 0x (ZRX) protocol. In a statement signed by CEO Tian Li, who is also the CEO of Ethereum DEX platform DDEX, the company revealed that even though 0x has contributed greatly to the growth of DDEX into one of the largest decentralized exchange (DEX) platforms on Ethereum,
The post Hydro to Fork Coinbase-Listed 0x (ZRX), Get Rid of Crypto Token appeared first on CCN -
Bitcoin Bomb Threats, Romanian Fraud Arrests, Bitcoin Cash Continues to Plummet, Coinbase Integrates Paypal and More: This Week in Crypto
Several Notches Above Ransomware An extortion scheme which sought to terrorize people into paying over BTC made global headlines over the course of the week. The threats happened worldwide, at a minimum being reported in the US, New Zealand, and Australia. The bomb threats demanded $20,000 in BTC in exchange for the terrorists to “give
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Top 5 Crypto Performers Overview: EOS, Binance Coin, TRON, Litecoin, Bitcoin
Hackers attack EOS DApps, Lightning Network ready to launch on CoinGate: this week’s top performers -
Donald Trump Hires Prominent Bitcoin Supporter Mick Mulvaney to White House Staff
U.S. President Donald Trump has hired the prominent Bitcoin supporter Mick Mulvaney to be his new White House Chief of Staff. Donald Trump is one of the most polarizing people on Planet Earth and whether you love him or hate him, it is beneficial for the crypto industry to have a major Bitcoin advocate whispering
The post Donald Trump Hires Prominent Bitcoin Supporter Mick Mulvaney to White House Staff appeared first on CCN -
NEM (XEM): what is its value proposition?
Back in July 2017, just before the historic cryptocurrency market bull run, NEM (XEM) had climbed to the number 7 spot in terms of market capitalization.
Although digital currency prices are now well below their all-time highs, with NEM (XEM) now only the 15th largest crypto by market cap, the fundamentals on which the blockchain-based platform was built have not changed. Moreover, there’s a lot more development work that has been done by NEM’s development team.
In this article, we s -
Brazilian Football Club Atletico Mineiro Launch Crypto Token for Fans
The latest football team to embrace cryptocurrency is the Brazilian football club Atletico Mineiro, who are amidst launching a crypto token for fans called ‘Galo Coins’. The relationship between the crypto industry and football is at an all-time-high as sports and crypto are a match made in heaven. As crypto looks to gain wider traction … Continued
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Is Ripple A Cryptocurrency? - BTC Wires
via btcwires.comIs Ripple A Cryptocurrency? BTC WiresHave you wondered if Ripple is a cryptocurrency?' This question gets a lot of attention, and as a result, the remittance network stays controversial. To wrap your ... -
BitUSD Divorces Wildly From $1 Target
According to recent market data, bitUSD, an elder stablecoin with a similar design and functionality to the Dai, is currently worth 30% less than the dollar it is intended to be worth. The way the design of BitShares, the platform on which BitUSD is issued, works is that if the network lacks liquidity for the … Continued
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Crypto Hedge Fund: No One Took us up on $1 Million Stock Market Bet
Morgan Creek founder Anthony Pompliano has claimed that his company’s $1 million bet on stocks outperforming crypto over the next ten years has had no takers since it was put up more than a week ago. On December 9, CCN reported that Morgan Creek instituted a $1 million “Buffet 2.0” wager inviting investors and money … Continued
The post Crypto Hedge Fund: No One Took us up on $1 Million Stock Market Bet appeared first on CCN -
Interview: Alex Mashinsky on the Celsius Network, Bitcoin, Ethereum, and the blockchain’s killer app
It has been a phenomenal year for VoIP pioneer and Celsius Network mastermind Alex Mashinsky: he’s successfully launched a blockchain project which has a clear plan, is compliant, and has a well-defined use case, he’s participated some of the most important debates in the industry, and he has grown his business and influence even in the middle of a destructive bear market.
Under these considerations, it made a lot of sense to invite the Ukrainian entrepreneur to a discussion about th -
XRP ledger statistics show surprising numbers as cryptocurrency tries to brave the bear storm - AMBCrypto News
via ambcrypto.comXRP ledger statistics show surprising numbers as cryptocurrency tries to brave the bear storm AMBCrypto NewsXRP, the second largest cryptocurrency in the market has had its ups and downs over the last few months. With the value of the cryptocurrency falling below the ... -
Facebook Blockchain Arm Booms, Even Amid Crypto Bear Market
via newsbtc.comJust months ago, David Marcus, the former president of fintech giant Paypal, was appointed as the inaugural head of Facebook Blockchain, the social media giant’s first stab at so-called “internet 3.0” innovation. But since Marcus’ appointment, many have been puzzled, as Facebook’s blockchain division has seemingly disappeared off the face of Planet Earth. In a testament to this confusion, the Menlo Park-headquartered corporation has only fleeting referenced its -
Exchanges, Startups Pick Sides After the Bitcoin Cash ‘Hash War’
The so-called "hash war" over the future of bitcoin cash is over and it's up to market forces to decide the fate of its two rival cryptocurrencies. -
Bitcoin Development Not Controlled by Anyone Says Crypto Veteran
via newsbtc.comNo one controls the focal point for Bitcoin development, said Jameson Lopp in his latest blogpost.
The Bitcoin veteran, who has been a crucial part of crypto developments since the beginning, opened recently about how developers run the world’s biggest decentralized financial network without fragiling it. He also attempted to answer individuals and groups that criticize bitcoin core, a large group of software veterans, programmers and even newbies, for controlling the network’s prese -
The Venezuelan Government is Forcing Petro Down the Pensioners’ Throats
The Government of Venezuela is reportedly taking pensioners’ bolivars from their accounts and replacing them with their cryptocurrency, the Petro. According to Caracas Chronicles, the elderly residents recently received their monthly pensions in Venezuela’s official currency. Their wallet service, dubbed as Motherland, sent a notification that their accounts were credited with 1,800 Bolivars. However, the
The post The Venezuelan Government is Forcing Petro Down the Pensioners’ -
Coinbase and the Awkwardness of Growing Up
Coinbase's reveal of 31 tokens it's considering listing sparked a flurry of controversy. The strategy makes business sense, but the communication raises questions. -
Waves Surges into Top 20 Coins as Wider Crypto Market Stumbles
Since the end of November, the Waves coin (WAVES) has bucked a market trend and risen in price by over 150%. The cryptocurrency has not only risen to a price, at the time of writing, of $2.49 per coin but as bitcoin price falls, WAVES value against bitcoin (BTC) is also growing. The Waves cryptocurrency
The post Waves Surges into Top 20 Coins as Wider Crypto Market Stumbles appeared first on CCN -
Bitcoin Bomb Threats Strike Hong Kong After Debacle In U.S., Canada
via newsbtc.comOver the past 72 hours, bomb threats attempting to extort Bitcoin (BTC) from business owners and governmental agencies have taken the world by storm, affecting thousands across Canada, the U.S., and New Zealand. Although the threats have begun to recede from the limelight in the western world, the issue may only be getting started across the Pacific Ocean in Asia.
Hong Kong Targeted By Bitcoin Bomb Threat
According to an exclusive report from the South China Morning Post (SCMP), an English news -
Blockchain Mining Benefits Beyond the Cryptocurrency Spectrum - Ethereum World News
Blockchain Mining Benefits Beyond the Cryptocurrency Spectrum Ethereum World NewsMining is an integral part of the cryptocurrency and blockchain technology narrative. However, the process of discovering, validating, and adding new blocks ... -
French Financial Watchdog Blacklists More Cryptocurrency Websites - CCN
via ccn.comFrench Financial Watchdog Blacklists More Cryptocurrency Websites CCNThe French financial watchdog, the Financial Markets Regulator (AMF), has blacklisted four more cryptocurrency websites in their ongoing mission to stamp out ... -
French Financial Watchdog Blacklists More Cryptocurrency Websites
The French financial watchdog, the Financial Markets Regulator (AMF), has blacklisted four more cryptocurrency websites in their ongoing mission to stamp out unauthorized crypto firms. As news of riots in France batter the world news, the AMF is also using strong-arm tactics to keep then nation’s crypto sector honest and in-check with their latest move.
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Bitcoin Price Weekly Analysis: BTC’s Short Term Rebound Likely
via newsbtc.comKey PointsBitcoin price traded to a new yearly low at $3,126 and later corrected a few points against the US Dollar.
There was a break above a key bearish trend line with resistance at $3,220 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair may perhaps correct higher in the short term towards the $3,320 or $3,380 resistance.Bitcoin price is forming a short term base near $3,120 against the US Dollar. BTC/USD is likely to test the $3,380-3,400 resistance zone before decl -
Ethereum Price Weekly Analysis: Upsides in ETH Remains Capped Near $98
via newsbtc.comKey HighlightsETH price declined recently and traded towards the $80-81 support area against the US Dollar.
There was a break above a major bearish trend line with resistance at $84 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair may continue to move higher, but it could face sellers near the $98 and $100 levels.Ethereum price failed to gain bullish momentum versus the US Dollar and Bitcoin. ETH/USD remains a sell near the $98-100 resistance area in the near term.
Ethereum Price -
Timothy C. May: A Tribute
Every field has its pioneers and heroes, and every culture or scientific branch in the world can be associated with the brilliance of an individual or a group. In the case of the cypherpunk movement, it’s Timothy C. May (colloquially referred to as Tim) who shines as bright as the community’s ideals themselves.
For the mass of blockchain and cryptocurrency enthusiasts, Mr. May is a rather unknown contributor who documented the cypherpunk movement in the early 1990s (“The Cypher -
Romanian Bitcoin Exchange CEO Helped Launder Stolen Funds: Report
According to a Cluj, Romania-based newspaper, the case of bitcoin exchange executive Vlad Nistor is much deeper than the simple illegal operation of a cryptocurrency firm. Their most recent report on the case speaks to some much more serious allegations as to the behavior of Vlad Nistor. More Details Emerge in Bitcoin Exchange CoinFlux CEO’s
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‘Wasteland’ Director’s New Blockchain Gaming Store Signs up 22 Publishers
Co-founded by veteran game developer Brian Fargo, Robot Cache will purportedly be the first blockchain-based digital marketplace for video games. Brian Fargo Launches Blockchain-Based Steam Competitor The PC games platform is set to launch sometime in 2019 but has already signed up 22 publishers and 700 games for its blockchain-based competitor to Steam. Robot Cache
The post ‘Wasteland’ Director’s New Blockchain Gaming Store Signs up 22 Publishers appeared first on CCN -
Saudi Arabia and UAE to launch cross-border cryptocurrency - The Jerusalem Post - Israel News
via jpost.comSaudi Arabia and UAE to launch cross-border cryptocurrency The Jerusalem Post - Israel NewsAnalysts, however, believe that UAE Central Bank announcement is nothing more than a public relations ploy. -
Facebook Aggressively Hiring Blockchain Devs, Discussed Launching Cryptocurrency: Report - CCN
via ccn.comFacebook Aggressively Hiring Blockchain Devs, Discussed Launching Cryptocurrency: Report CCNSocial media monopoly Facebook has embarked on an aggressive hiring spree to woo blockchain and cryptocurrency experts for its secretive blockchain group. -
Facebook Aggressively Hiring Blockchain Devs, Discussed Launching Cryptocurrency: Report
Facebook has embarked on an aggressive hiring spree to woo crypto experts to expand its blockchain group amid speculation that the social media monopoly is considering launching its own cryptocurrency. Facebook formed its blockchain unit in April 2018 with David Marcus, the former president of PayPal and VP at Messenger. Marcus is a longtime cryptocurrency advocate and
The post Facebook Aggressively Hiring Blockchain Devs, Discussed Launching Cryptocurrency: Report appeared first on CC -
People’s Bank of China Officially Bans Security Token Offerings
via crypto-news.netDuring the last couple of months, China has often reiterated its aggressive position towards digital currencies. A similar event recently took place, after the People’s Bank of China (PBoC) decided to ban security token offerings, also known as STOs.
Banning the Successor to ICOs
For those who do not know, STOs are considered the successors to ICOs. They’re quite similar in purpose, yet there are a couple of differences between the two crowdfunding methods. As such, an STO investment
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