Cryptocurrency news

• BP Finds a Billion Barrels of Oil, Analysts Say Shares are a ‘Buy’

  08-01-2019 23:39
  Using advanced technology, BP has discovered new oil reserves in the Gulf of Mexico. Many analysts are showing confidence in the stock and Goldman Sachs has reissued its “buy” rating for BP shares. BP Finds New Oil in Thunder Horse Fields Revealed today, BP has found 1 billion more barrels of crude oil at an
  The post BP Finds a Billion Barrels of Oil, Analysts Say Shares are a ‘Buy’ appeared first on CCN
  
  Read more

• Ripple: 5 More Banks & Fintechs Will Use XRP Cryptocurrency - CCN

  08-01-2019 23:21
  Ripple: 5 More Banks & Fintechs Will Use XRP Cryptocurrency  CCNRipple announced that it has signed on five more banks and fintechs who will use the ripple (XRP) cryptocurrency for liquidity.
  
  Read more

• Ripple: 5 More Banks & Fintechs Will Use XRP Cryptocurrency

  08-01-2019 23:21
  Ripple announced today that a total of 13 more financial institutions had joined RippleNet, putting the total at over 200. Of these, five of them will use the ripple (XRP) cryptocurrency for liquidity. Institutions named in the press release are: JNFX, SendFriend, Transpaygo, FTCS, and Euro Exim Bank. While they will use XRP to access
  The post Ripple: 5 More Banks & Fintechs Will Use XRP Cryptocurrency appeared first on CCN
  
  Read more

• Crypto Markets See Mixed Signals, Bitcoin Still Above $4,000

  08-01-2019 23:10 via cointelegraph.com
  As some of the top currencies see mild losses, Bitcoin is still above the psychological barrier of $4,000
  
  Read more

• Advertisement

• Nearly Every Stock in Dow Flashed Green Today, Why Was Goldman Sachs Still Red?

  08-01-2019 23:09
  Almost every one of the 30 companies tracked by the Dow Jones Industrial Average closed the day in the green, save for four: Goldman Sachs, JP Morgan, Chevron, and Travelers. On a day when the index rose more than 256 points, what’s holding Goldman shares down? The reason Goldman Sachs bucked a trend for a
  The post Nearly Every Stock in Dow Flashed Green Today, Why Was Goldman Sachs Still Red? appeared first on CCN
  
  Read more

• France’s Yellow Vest Bank Run: Could it be Bullish for Bitcoin?

  08-01-2019 23:00 via newsbtc.com
  Reports are emerging that the anti-Emmanuel Macron protesters in France, known in English as the Yellow Vests, are planning to stage a bank run this weekend.
  Although the changes of such an initiative bringing the government to its knees, as the demonstrators hope, are slim, what may very well be the first ever voluntary bank run in history could still be bullish for the price of Bitcoin.
  Could Bitcoin Step in to Save the Wealth of those Impacted by the Yellow Vest Bank Run?
  The gilets jaun
  
  Read more

• ShapeShift Lays Off 37 in Latest Round of Crypto Industry Cutbacks

  08-01-2019 22:40
  Crypto exchange ShapeShift has announced a round of layoffs, cutting its staff by a third.
  
  Read more

• ShapeShift Lays Off 37 in Latest Crypto Industry Cutback

  08-01-2019 22:40
  Crypto exchange ShapeShift has announced a round of layoffs, cutting its staff by a third.
  
  Read more

• Advertisement

• Newsflash: Sears Strikes Last Minute Agreement Avoiding Bankruptcy

  08-01-2019 22:31
  Proposed offer from Eddie Lampart (former CEO of Sears Holdings) was previously rejected. Eddie Lampart was given one last chance to make an offer on Tuesday January 8th. Sears Holdings accepted a last minute deal, avoiding bankruptcy. CCN previously reported that Sears had rejected a bailout offer and would be liquidating its business instead. Now,
  The post Newsflash: Sears Strikes Last Minute Agreement Avoiding Bankruptcy appeared first on CCN
  
  Read more

• Winklevoss Twins: Bitcoin will surpass $7 trillion gold market cap

  08-01-2019 22:30
  The Winklevoss Twins believe Bitcoin would surpass the $7 trillion gold market cap. Tyler and Cameron Winklevoss became famous after the bitcoin investment they made in March 2013 –when Bitcoin sold at $120 a coin grew to over $1 billion in March 2013 when one Bitcoin sold at $11,700.
  Today Bitcoin is around $4,000, but the Winklevoss Twins predict Bitcoin will boom again.
  “Bitcoin is certainly the OG crypto! It’s hard to defeat network effects — so in terms of ‘har
  
  Read more

• 10 Years Ago Today, Satoshi Made Bitcoin a Public Network

  08-01-2019 22:15
  On January 8, 2009, Satoshi Nakamoto wrote to the Metzdowd cryptography mailing list about the initial release of Bitcoin. It was not his first e-mail on the subject. However, it was the first when he had a working product to show for his idea. With no salutations, the e-mail starts out: Announcing the first release
  The post 10 Years Ago Today, Satoshi Made Bitcoin a Public Network appeared first on CCN
  
  Read more

• Leading Private Investor's Perspective on Cryptocurrency Investments - Blockchain Reporter

  08-01-2019 22:00
  Leading Private Investor's Perspective on Cryptocurrency Investments  Blockchain ReporterIf there is something every prospective cryptocurrency trader needs to learn about cryptosphere, it's patience. Patience is best and most useful skill. If you expect ...
  
  Read more

• Two US Law Firms File Class Action Against Altcoin Nano and Exchange BitGrail

  08-01-2019 21:53 via cointelegraph.com
  U.S. law firms Silver Miller and Levi & Korsinsky have filed a lawsuit against altcoin Nano, demanding a “rescue fork” to compensate lost funds
  
  Read more

• Euro Exim Bank Taps Ripple’s xRapid for Cross-Border Settlements

  08-01-2019 21:45
  Euro Exim Bank is tapping Ripple's xRapid product, which uses the XRP cryptocurrency, for payments and settlements.
  
  Read more

• Winklevoss twins launch campaign to bring 'rules' to cryptocurrency revolution - The Drum

  08-01-2019 21:30
  Winklevoss twins launch campaign to bring 'rules' to cryptocurrency revolution  The DrumGemini, the digital asset exchange founded and led by internet entrepreneurs, Cameron and Tyler Winklevoss, wants rules for the cryptocurrency revolution, and ...
  
  Read more

• One held for cheating people by trading in cryptocurrency - The Hindu

  08-01-2019 21:17
  One held for cheating people by trading in cryptocurrency  The HinduA 32-year-old man has been arrested for allegedly cheating people on the pretext of trading their money in cryptocurrency after promising high returns, the ...
  
  Read more

• No, BitTorrent's Plan for Cryptocurrency-Fueled Speed Boosts Doesn't Violate 'Net Neutrality' - Techdirt

  08-01-2019 21:10
  No, BitTorrent's Plan for Cryptocurrency-Fueled Speed Boosts Doesn't Violate 'Net Neutrality'  TechdirtFor a subject we've been collectively discussing ad nauseum for the better part of two decades, it's kind of astounding how many people still don't really ...
  
  Read more

• ETH Dev Suggests Moving to ‘ASIC-Friendly Algorithm’ After ProgPoW Decision

  08-01-2019 21:01 via cointelegraph.com
  Ethereum devs should ‘embrace’ specialized mining hardware (ASICs), according to an Ethereum code contributor
  
  Read more

• Ethereum Classic Losses Top $1 Million after 51% Attack: Coinbase Research

  08-01-2019 20:59
  Losses stemming from an ongoing 51 percent attack against Ethereum Classic have now breached the million-dollar barrier, according to updated figures published by cryptocurrency exchange Coinbase. Ethereum Classic Attack Grows More Costly CCN first reported yesterday that the 18th-largest cryptocurrency appeared to have become the latest blockchain network to succumb to a 51 percent attack,
  The post Ethereum Classic Losses Top $1 Million after 51% Attack: Coinbase Research appeared first on CCN
  
  Read more

• “Cryptocurrency to Me is the Internet 2.0 With a Transaction Component Built Into it” – Jason Anthony Williams - BlockPublisher

  08-01-2019 20:13
  “Cryptocurrency to Me is the Internet 2.0 With a Transaction Component Built Into it” – Jason Anthony Williams  BlockPublisherCryptocurrencies emerged on the financial scene just after the crash of the traditional fiat framework back in 2008. Initially, cryptocurrencies were largely ...
  
  Read more

• Bitcoin Ransom: 9/11 Papers Hacker Group Banned from Steemit Platform

  08-01-2019 20:12
  Steem is an open-source blockchain platform for publishing content. It works like a mixture of Reddit and Blogger, with incentivization in the form of Steem. TheDarkOverlord is the hacker group who says they have damning evidence and 9/11 papers. Yesterday, Steemit banned TheDarkOverlord. The hacker group uses Steem to publish his communiques and demands. They
  The post Bitcoin Ransom: 9/11 Papers Hacker Group Banned from Steemit Platform appeared first on CCN
  
  Read more

• One More Chance: Judge Gives Eddie Lampert Time to Rescue Sears from Bankruptcy

  08-01-2019 19:34
  Sears Chairman and ESL Investments founder Eddie Lampert will have one more chance to rescue the iconic retail chain from liquidation, a judge ruled on Tuesday. As CCN reported, The 126-year-old retailer had hoped to receive approval from a bankruptcy judge to proceed with liquidation after advisers rejected a $4.4 billion takeover bid from Lampert
  The post One More Chance: Judge Gives Eddie Lampert Time to Rescue Sears from Bankruptcy appeared first on CCN
  
  Read more

• Google Play Forces Crypto Wallet Samourai to Remove Security Features

  08-01-2019 19:30
  Crypto wallet Samourai removed security features introduced in its latest app update after Google Play found them in conflict with its “store policies.” Sad but true, @GooglePlay is forcing us to remove Stealth Mode, SMS Commands, and SIM Switch Defense features as they transition to becoming more of a "Walled Garden" – despite the fact
  The post Google Play Forces Crypto Wallet Samourai to Remove Security Features appeared first on CCN
  
  Read more

• Exchange Says $200K in Ethereum Classic Lost As Blockchain Attacks Continue

  08-01-2019 18:51
  Cryptocurrency exchange Gate.io has corroborated claims that the ethereum classic network is under a 51 percent attack, disclosing a loss of 40,000 ETC.
  
  Read more

• Bithumb Holding Company Looks to Raise US$100M in Equity Round

  08-01-2019 18:50 via feedproxy.google.com
  
  Blockchain Exchange Alliance (BXA), the Singapore-headquartered holding company of Bithumb, one of South Korea’s largest cryptocurrency exchanges, is looking to raise at least US$100 million in a Bnktothefuture equity crowdfunding. BXA holds 38.7% of the company that owns and operates the Bithumb exchange. The exchange claims 4.3 million active users and about US$1.4 billion in […]
  The post Bithumb Holding Company Looks to Raise US$100M in Equity Round appeared first on Coinjournal.
  
  Read more

• Bithumb Holding Company Looks to Raise US$100M in Equity Crowdfunding Campaign

  08-01-2019 18:50 via feedproxy.google.com
  
  Blockchain Exchange Alliance (BXA), the Singapore-headquartered holding company of Bithumb, one of South Korea’s largest cryptocurrency exchanges, is looking to raise at least US$100 million in a Bnktothefuture equity crowdfunding. BXA holds 38.7% of the company that owns and operates the Bithumb exchange. The exchange claims 4.3 million active users and about US$1.4 billion in […]
  The post Bithumb Holding Company Looks to Raise US$100M in Equity Crowdfunding Campaign appeared first
  
  Read more

• Brazil’s New President Jair Bolsonaro Shuts Down ‘Indigenous Cryptocurrency’ Project - CCN

  08-01-2019 18:25
  Brazil’s New President Jair Bolsonaro Shuts Down ‘Indigenous Cryptocurrency’ Project  CCNBrazilian President Jair M. Bolsonaro has recently revealed through social media his administration has shut down a project that would see Brazil launch an ...
  
  Read more

• Brazil’s New President Jair Bolsonaro Shuts Down ‘Indigenous Cryptocurrency’ Project

  08-01-2019 18:25
  Brazilian President Jair M. Bolsonaro has recently revealed through social media his administration has shut down a project that would see Brazil launch an “indigenous cryptocurrency.” The revelation came as he was criticizing the “BNDES black box” referring to contracts associated with the National Bank for Economic and Social Development, a federal public company associated
  The post Brazil’s New President Jair Bolsonaro Shuts Down ‘Indigenous Cryptocurrency&
  
  Read more

• January Outlook For Stellar Lumens - Seeking Alpha

  08-01-2019 18:21
  January Outlook For Stellar Lumens  Seeking AlphaStellar Lumens' XLM token has climbed back to the sixth position on crypto market cap. Stellar enthusiasts point to strong partnerships, new exchange listings,
  
  Read more

• Bybit Unveils New Cryptocurrency Derivatives Exchange

  08-01-2019 18:14
  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 Bybit Unveils New Cryptocurrency Derivatives Exchange appeared first on CCN
  
  Read more

• Distributed consensus: PoW vs PoS

  08-01-2019 18:08
  Proof-of-work (PoW) and proof-of-stake (PoS) are the two main types of consensus algorithms used by most blockchain-based cryptocurrency platforms to verify transactions. Digital currency transactions are broadcasted on a blockchain network, which usually consists of a large number of computing machines and an immutable distributed ledger.
  Competing To Validate Blocks, Verify Transactions
  The distributed ledger is referred to as a blockchain, and it contains a permanent record of all transaction
  
  Read more

• Dow Clings to 105 Point Gain as Trump Prepares Prime-Time Address on Border Security

  08-01-2019 18:05
  U.S. stocks exploded higher on Tuesday, building off a solid pre-market session that was fueled by optimism on free trade and the easing of political tensions in Washington. President Trump will deliver a prime-time address Tuesday in an attempt to shore up public support for his proposed border wall with Mexico. Dow Jones Relief Rally
  The post Dow Clings to 105 Point Gain as Trump Prepares Prime-Time Address on Border Security appeared first on CCN
  
  Read more

• The United Colors of Cryptocurrency - Forbes

  08-01-2019 18:02
  The United Colors of Cryptocurrency  ForbesThis article examines how many bitcoin offerings are marketed under the guise of national identity while looking back at why monetary products will always be a ...
  
  Read more

• Payment Network RippleNet Exceeds 200 Customers, Garlinghouse Highlights Fiat Volatility

  08-01-2019 18:02 via cointelegraph.com
  RippleNet exceeds 200 customers as CEO Brad Garlinghouse points out the potential volatility of fiat transactions
  
  Read more

• BitTorrent’s Master Plan to Bring a Tron-Powered Crypto Token to the Masses

  08-01-2019 18:00
  BitTorrent has the user base, Tron has the crypto. The new BitTorrent Token (BTT) white paper explores ways to marry the two.
  
  Read more

• Cryptocurrency Mining is an Environmental Catastrophe — But There’s a Way to Change That

  08-01-2019 17:59
  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. Bitcoin mining wastes more energy than mining for gold. Now we can harness that energy for good. Cryptocurrency energy usage is enormous, and so is its carbon footprint.
  The post Cryptocurrency Mining is an Environmental Catastrophe — But There’s a Way to Change That appeared first on CCN
  
  Read more

• Best Cryptocurrency Custody Companies in 2019: Top Bitcoin and Blockchain Asset Custodian Services - Bitcoin Exchange Guide

  08-01-2019 17:29
  Best Cryptocurrency Custody Companies in 2019: Top Bitcoin and Blockchain Asset Custodian Services  Bitcoin Exchange GuideOne of the biggest issues and concerns that every investor has, and especially those who work with large amounts of money, is storing their funds in a safe and ...
  
  Read more

• Ethereum Classic Price Barely Moves Despite 51% Attack

  08-01-2019 17:22
  When the 18th-largest cryptocurrency falls prey to a 51% attack, you’d expect it to make an impact on the coin’s short-term price movements. However, following a brief drop on Monday, the Ethereum Classic price is only performing moderately worse than its peers. CCN reported on Monday that Ethereum Classic’s team had used Twitter to warn
  The post Ethereum Classic Price Barely Moves Despite 51% Attack appeared first on CCN
  
  Read more

• Here’s Why Bitcoin’s Future is so Bright: Digital Currency Group Exec

  08-01-2019 17:07
  Bitcoin tanked in 2018, but the future of cryptocurrencies remains bright because you can’t stop progress. That’s the assessment of Travis Scher, a vice president at crypto investment firm Digital Currency Group. “2019 will be volatile, entertaining, and full of surprises,” Scher wrote in a Medium post. “But I am confident that the stress caused by the 2018 crash
  The post Here’s Why Bitcoin’s Future is so Bright: Digital Currency Grou
  
  Read more

• Tron Price Analysis: TRX Surge, can it Flip Ethereum to Second?

  08-01-2019 17:00 via newsbtc.com
  Tron price is up 39.5 percent from last TuesdayPlatform is attracting gamers thanks to Tron Arcade
  Transaction volumes are fair and trading within a bullish breakout pattern.No doubt, Tron (TRX) is one of the best performers in the last week. It is up 39.5 percent at the time of press and trading within a bullish breakout pattern after clearing 2.5 cents. At this rate, TRX may end up testing 4 cents by the end of January.
  Tron Price Analysis
  Overview
  There are no permanent positions in the top
  
  Read more

• Engiven helps nonprofits raise donations via cryptocurrency - VentureBeat

  08-01-2019 17:00
  Engiven helps nonprofits raise donations via cryptocurrency  VentureBeatEngiven has launched its first global, membership-based online platform to help nonprofits accept cryptocurrency donations.
  
  Read more

• KodakOne Blockchain Beta Test Sees $1 Mln in Content Licensing Claims

  08-01-2019 16:56 via cointelegraph.com
  KodakONE has reportedly generated over $1 million in licensing claims for image rights during a limited beta test of its blockchain-based Image Rights Management platform
  
  Read more

• Australian Federal Court Imposes Travel Ban, Fund Freeze on Bitconnect Promoter

  08-01-2019 16:51 via cointelegraph.com
  John Bigatton, a promoter of $2.6 billion alleged Ponzi scheme Bitconnect, is now under a travel ban imposed by the Australia federal court
  
  Read more

• XRP/USD Technical Analysis: Cryptocurrency content with sideways movement as market remains undecided - AMBCrypto News

  08-01-2019 16:35
  XRP/USD Technical Analysis: Cryptocurrency content with sideways movement as market remains undecided  AMBCrypto NewsThe roller-coaster cryptocurrency market does not look to be stopping anytime soon, with some coins seeing rises while others are still in...
  
  Read more

• Dow Holds onto Gains as Trump Pokes at Fed, Says China Talks ‘Going Well’

  08-01-2019 16:32
  US President Donald Trump has tweeted a brief, positive, update on the trade talks with China but was still poking at the Federal Reserve this morning. This despite the interest rate hike pressure appearing to be off for the stock markets. Dow, Markets Point North on Tuesday The stock markets appear to be recovering from
  The post Dow Holds onto Gains as Trump Pokes at Fed, Says China Talks ‘Going Well’ appeared first on CCN
  
  Read more

• No Deal: Sears Rejects Lampert’s Takeover Bid, Will Liquidate 126-Year-Old Retail Icon

  08-01-2019 16:17
  One of the most storied companies in American history may have just days left to live, as Sears Holdings Corp has rejected Chairman Eddie Lampert’s takeover bid and intends to proceed with liquidation proceedings. Lampert, via his hedge fund — ESL Investments — had cobbled together a $4.4 billion offer for the 126-year-old retailer, but
  The post No Deal: Sears Rejects Lampert’s Takeover Bid, Will Liquidate 126-Year-Old Retail Icon appeared first on CCN
  
  Read more

• Beyond Cryptocurrency: Blockchain as a Value Creator and Connector - Supply Chain Management Review

  08-01-2019 16:05
  Beyond Cryptocurrency: Blockchain as a Value Creator and Connector  Supply Chain Management ReviewMost people recognize blockchain as the underlying technology for en-vogue cryptocurrency, but few truly grasp the potential of this technology to substantially ...
  
  Read more

• Ripple Price Analysis: XRP at 40 Cents an Illusion?

  08-01-2019 16:00 via newsbtc.com
  Ripple Price is range bound with caps at 40 cents
  Ardo Hansson, a member of ECB, berate cryptocurrencies
  Trading volumes are low
  Although Dec 24 bull bar did rouse traders, XRP/USD is ranging with caps at 40 cents. Going on, we expect prices to expand above 40 cents towards 60 cents or higher in coming days.
  Ripple Price Analysis
  Overview
  With each passing day, XRP’s lack of volatility may be ideal for Ripple and banks transacting using xRapid. However, for traders, this stable coin statu
  
  Read more

• Japan Eyes Regulation of Unregistered Crypto Investment Schemes

  08-01-2019 16:00
  Japan’s financial regulator is reportedly looking to close a loophole that lets unregistered investment firms solicit funds in cryptocurrencies.
  
  Read more

• Case Study - Identifying The Best Featured Cryptocurrency - Forbes

  08-01-2019 16:00
  Case Study - Identifying The Best Featured Cryptocurrency  ForbesChoice is a great thing particularly when it comes to decentralized technologies but there are questions as to whether the recent explosion of projects can lead to ...
  
  Read more

Follow @CryptoNewslock on Twitter!