Home to 54 countries, the most on any continent, Africa’s growth in finance and banking has not been tremendous. Out of the unbanked population in the world, 350 million of them live in Africa, representing 17 percent of the global figure. The situation looks grimmer when you come to the continent: the unbanked represent between 66 and 80 percent of the population of Africa.
There are many causes for this appalling situation, including numerous political, economic, and social problems
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Why Africa Needs Cryptocurrencies
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Soulja Boy: Bitcoin & Crypto’s Glory Days Now In The Rearview Mirror
via newsbtc.comIn October of 2018, as Bitcoin found itself above $6,000, Soulja “Drako” Boy, the American rapper of “Crank That” fame, released a banger simply titled “Bitcoin.” In the piece of music, a track in Soulja’s Young Drako album, the Chicago-based artist spat fire, so to speak, about the world’s first cryptocurrency.
While many first assumed that Soulja was going to lambast the crypto asset, the rapper didn’t. Instead, Drako went on to reference c -
Forget Bitcoin: Why Criminals are Using Fortnite to Launder Illicit Funds
By CCN.com: With well over 200 million users across the globe, few video games have as large a following as Fortnite. The freemium game is so popular that its developer, Epic Games, banked $3 billion in 2018. However, according to a report on the Independent, Epic Games isn’t the only entity getting rich off Fortnite.
The post Forget Bitcoin: Why Criminals are Using Fortnite to Launder Illicit Funds appeared first on CCN -
Cryptocurrency Price Analysis for the week January 14 to January 20 - Coingape
via coingape.comCryptocurrency Price Analysis for the week January 14 to January 20 CoingapeHi Readers, welcome to cryptocurrency price analysis for the week. Do not forget to check movers and shakers for this week at the last of the article. -
Cryptocurrency GIFs: Animations That Capture the Mood of the Markets - Bitcoin News
via news.bitcoin.comCryptocurrency GIFs: Animations That Capture the Mood of the Markets Bitcoin NewsThe cryptocurrency ecosystem is filled with unique individuals with a penchant for sharing dank memes. Besides an arsenal of killer graphics that depict There's ... -
Bitcoin: BTC Sinks Below $3,600, Nears Bottom of Recently Established Trading Range
via newsbtc.comBitcoin (BTC) has failed to maintain its recently established position in the $3,700 region, which has led it to drop over 4% today. Bitcoin’s latest downwards leg has led the entire crypto markets to drop, and most altcoins are currently trading down around 4%.
Bitcoin is now nearing the bottom of its previously established trading range between $3,550 and $4,200, which, if the former price is to be broken, could lead to another, much larger, drop.
Bitcoin Plunges Over 4%
Yesterday, Bitco -
The Six Ways To Make Money Mining Cryptocurrency Are Equally Surprising - Forbes
via forbes.comThe Six Ways To Make Money Mining Cryptocurrency Are Equally Surprising ForbesSavvy readers of yesterday's article, The Eight Most Popular Cryptocurrency Transaction Types Are Not What You Expect, may have noticed an important ... -
MimbleWimble: Is Bitcoin’s Curse Looming on The Horizon?
By CCN.com: MimbleWimble, named after a curse from the Harry Potter book series, is a protocol, much like Bitcoin’s blockchain, that contains improved privacy features derived from multiple technologies, some more established than others. Key components in MimbleWimble are: (a) Elliptic Curve Cryptography (ECC), which enables private-public key encryption – a way to prove you
The post MimbleWimble: Is Bitcoin’s Curse Looming on The Horizon? appeared first on CCN -
Cryptocurrency Market Graphs Go Red Again - BlockPublisher
Cryptocurrency Market Graphs Go Red Again BlockPublisherJanuary 2019 has proved to be the bear run we all were afraid of. This month has seen a square wave of pumps and dumps that still can't be marshalled into a ... -
Crypto Investor: Bitcoin May Retest $20,000 With Next Wave Of Adoption
via newsbtc.comSince Bitcoin (BTC) breached the monumental $20,000 price milestone and subsequently crashed, crypto investors en-masse have sought to determine when the asset would retest five-digits. While an array of crypto pundits have speculated, throwing their zany predictions into the crockpot that is Twitter, the date of the next parabolic rally’s commencement is still elusive. Yet, a majority of industry commentators, many of which have a vested interest in BTC, are sure that the flagship cr -
13 celebrities who back cryptocurrency and may own millions in bitcoin - Business Insider
13 celebrities who back cryptocurrency and may own millions in bitcoin Business InsiderFrom Pitbull and Snoop Dogg to Johnny Depp and Ashton Kutcher, the number of celebrities getting involved with cryptocurrency has soared. -
MIT and Stanford Are Creating a Bitcoin Rival Called Unit-e - Blokt
via blokt.comMIT and Stanford Are Creating a Bitcoin Rival Called Unit-e BloktProfessors at the two prestigious US universities are pooling their resources to present a new Bitcoin rival to the world. -
MIT and Stanford Professors Are Creating a Cryptocurrency Called Unit-e - Blokt
via blokt.comMIT and Stanford Professors Are Creating a Cryptocurrency Called Unit-e BloktProfessors at the two prestigious US universities are pooling their resources to present a new Bitcoin rival to the world. -
The Finance Prof. Who Says Bitcoin’s Going to ‘Bite The Dust’ Is Wrong
By CCN.com: Kevin Dowd is a Professor of Finance and Economics in the Business School at Durham University, Northeast England, and the co-author of the 2015 paper “Bitcoin Will Bite the Dust,” along with market analyst and author, Martin Hutchinson, for the libertarian Cato Institute in Washington DC. CoinDesk published an op-ed by Dowd Monday,
The post The Finance Prof. Who Says Bitcoin’s Going to ‘Bite The Dust’ Is Wrong appeared first on CCN -
Is The Demise of Euro Inevitable? Analyst Says it Can Trigger a Devastating Collapse
By CCN.com: As the eurozone economy slows down and the European Central Bank (ECB) run out of ways to fuel the market, market strategist Russell Napier has said the euro may be in trouble. Speaking to FT, the analyst firmly stated that the global monetary system is beginning to show serious vulnerabilities, noting that the
The post Is The Demise of Euro Inevitable? Analyst Says it Can Trigger a Devastating Collapse appeared first on CCN -
Top 5 Crypto Performers Overview: Binance Coin, Cardano, IOTA, Neo, Tron
As the impending Brexit deal means that the pound could be hit hard, what will happen in the crypto markets? Let’s take a look -
What Are Crypto Executives Still Positive About After Massive 80% Bitcoin Drop?
By CCN.com: In 2018, with the exception of Bitcoin and several other crypto assets, the majority of cryptocurrencies fell by more than 90 percent against the U.S. dollar. Executives in the crypto space, especially those leading new initiatives and businesses in the emerging industry, believe that the bear market has presented companies with positive opportunities
The post What Are Crypto Executives Still Positive About After Massive 80% Bitcoin Drop? appeared first on CCN -
Chilean Taxpayers Must Report Cryptocurrency Profits to Chilean IRS: Local Media - Cointelegraph
Chilean Taxpayers Must Report Cryptocurrency Profits to Chilean IRS: Local Media CointelegraphNews. Chilean taxpayers must report their cryptocurrency profits to the Chilean Internal Revenue *Service* (SII), Spanish crypto media Diario Bitcoin reports on ... -
Hodler’s Digest, Jan. 14–20: Top Stories, Price Movements, Quotes and FUD of the Week
This week in the Hodler’s Digest, Bakkt gets its first acquisition as the government shutdown drags out the approval process, and the ETH hard fork is delayed until February -
Lack of ETNs Keeps Wall Street Away From Bitcoin, Says CBOE Analyst Ed Tilly
A lack of Bitcoin exchange-traded notes is preventing Wall Street institutional investors from joining the crypto space, according to Cboe Global Markets CEO Ed Tilly -
Chilean Taxpayers Must Report Cryptocurrency Profits to Chilean IRS: Local Media
Cryptocurrency profits must be reported to the Chilean Internal Revenue Service by local taxpayers, local crypto media reports -
The Case for Universal Basic Income Gains Strength As Recession Fears Deepen
Britain’s protracted and problematic Brexit from the European Union, coupled with China’s falling exports and America’s record trade deficit, has deepened fears of a recession at the start of 2019. Those looking beyond the doom and gloom believe the case for universal basic income (UBI) is getting stronger by the day – and now technological advancements […]
The post The Case for Universal Basic Income Gains Strength As Recession Fears Deepen appeared first on -
What’s The Difference Between Trump’s Immigration Compromise And a Communist Police State?
Donald Trump’s big announcement Saturday wouldn’t be the first time the word “compromise” was used as a euphemism for the government. Stealing even more of your money to pay for both big corporate political parties’ wish lists and all their friends and corporate sponsors. The big compromise is: Donald Trump gets to spend five billion
The post What’s The Difference Between Trump’s Immigration Compromise And a Communist Police State? appeared first on CCN -
Bitcoin Falls Towards $3,550 as Top Cryptos See Moderate to Major Losses
Bitcoin approaches the $3,550 mark again as all the top 20 cryptocurrencies are seeing moderate to major losses -
Proposed License Requirements End Anonymous Crypto Selling and Buying in the Netherlands
A licensing system should be introduced for crypto services, according to official advice received by Pete Hoekstra, the Netherlands’ Minister of Finance -
Washington State County Doubles Down on Cryptocurrency After Mining Bust - Bitcoinist
via bitcoinist.comWashington State County Doubles Down on Cryptocurrency After Mining Bust BitcoinistAfter the boom, backlash, and (partial) bust of Bitcoin in central Washington, one might expect an aversion to the technology. But instead, one authority ... -
Huobi Secures Its FSA License in Japan, Other Large Players Are Pending
Huobi has entered the Japanese market, while the FSA might grant licenses for other players, including Coinbase, within next few months -
Hacked Customer Data From World Leading Cryptocurrency Exchanges For Sale On The Dark Web? - CCN
via ccn.comHacked Customer Data From World Leading Cryptocurrency Exchanges For Sale On The Dark Web? CCNOn a darknet market a vendor going is attempting to sell data from KYC checks cryptocurrency exchanges ask for by selling pictures of users with their IDs. -
Hacked Customer Data From World Leading Cryptocurrency Exchanges For Sale On The Dark Web?
On a darknet market called “Dread,” a vendor going by “ExploitDOT” is attempting to sell user data from the know-your-customer (KYC) data top cryptocurrency exchanges ask for, required by most jurisdictions. According to data shared with CCN, the hacker has an ad that has been online since July 2018, in which he claims to have
The post Hacked Customer Data From World Leading Cryptocurrency Exchanges For Sale On The Dark Web? appeared first on CCN -
Leaders of South Korean Crypto Exchange Komid Jailed for Faking Volume: Local Media
In South Korea, the leaders of cryptocurrency exchange Komid have reportedly been sentenced to serve time in jail for faking exchange volumes -
United Arab Emirates and Saudi Arabia Collaborate on New Cryptocurrency - Cointelegraph
United Arab Emirates and Saudi Arabia Collaborate on New Cryptocurrency CointelegraphNews. The United Arab Emirates (UAE) and Saudi Arabia have announced an agreement to cooperate on the creation of a cryptocurrency, UAE official news ... -
United Arab Emirates and Saudi Arabia Collaborate on New Cryptocurrency
An agreement to cooperate on the creation of a cryptocurrency between the United Arab Emirates and Saudi Arabia has been announced -
Oceans Apart: Crypto Regulation in the US and EU
The differences between U.S. and EU approaches to crypto asset regulation are even more complicated than they appear, writes Noelle Acheson. -
Indonesia’s First Billion-Dollar Unicorn Acquires Philippine Bitcoin Wallet
By CCN.com: On Jan. 18, after an unsuccessful attempt to enter the Philippines market earlier this month due to foreign ownership concerns, Go-Jek, a major Indonesian ride-sharing platform has announced a partnership between with Coins.ph, a local crypto wallet and payments platform. The Filipino firm is currently in the process of rolling out beta access to users in the
The post Indonesia’s First Billion-Dollar Unicorn Acquires Philippine Bitcoin Wallet appeared first -
Turkish Crypto Exchange Sistemkoin’s Disturbing Security Flaw Reveals Major Withdrawal Complaints
By CCN.com: Turkish crypto exchange Sistemkoin had done $68 million in volume over the 24-hour period at time of writing. However, according to a report from a user and security researcher, there are significant security problems with the exchange. There are two aspects to our anonymous tipster’s report. First, anyone with a program called Burpsuite and
The post Turkish Crypto Exchange Sistemkoin’s Disturbing Security Flaw Reveals Major Withdrawal Complaints appeared first on CC -
Crypto Market Wrap: Litecoin Leading The Way as Markets Make Minor Moves
via newsbtc.comMarket Wrap
Crypto markets moving marginally this Sunday, Litecoin is leading, Binance Coin and NEO following up.
Crypto markets have shifted gear a little this morning but major movements are still wanting. Following a week of complete inactivity markets are nudging closer to $125 billion in total capitalization but progress is still painfully slow in the land of the bears.
As usual Bitcoin dominated market movements when it spiked to $3,750 yesterday. On the day BTC has made 1.7% and is holdin -
Stock Exchange of Thailand moving towards Cryptocurrency - Coinnounce
via coinnounce.comStock Exchange of Thailand moving towards Cryptocurrency CoinnounceThe Stock Exchange of Thailand or the SET is working out for applying for a digital license in order to run a cryptocurrency exchange. -
Bitcoin Price Weekly Analysis: BTC Could Accelerate Gains Above $3,850
via newsbtc.comBitcoin price formed a solid support near the $3,560 level and moved higher against the US Dollar.
There is a crucial bearish trend line in place with resistance near $3,850 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair could continue to move higher towards the $3,850 and $4,000 levels in the near term.Bitcoin price is showing positive signs above the $3,600 support against the US Dollar. BTC/USD could accelerate gains once there is a break above $3,800 and $3,850. -
Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $128
via newsbtc.comETH price faced a strong resistance near the $127 and $128 levels recently against the US Dollar.
There is a major bearish trend line formed with resistance at $125 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair must break the $125, $127 and $128 resistance levels to move into a positive zone.Ethereum price is struggling to clear many hurdles versus the US Dollar and Bitcoin. ETH/USD may climb higher sharply once there is a close above $128 and $130.
Ethereum Price Analysis
Th -
Bitcoin Nears $3,750 as Top Cryptos See Moderate Gains
Bitcoin approaches the $3,750 mark again as all the top 20 cryptocurrencies are seeing slight to moderate gains -
VanEck Unfazed by Shutdown’s Impact on Bitcoin ETF Application
By CCN.com: Investment manager VanEck remains confident about its bitcoin ETF application, despite the US government shutdown. Why? Because the firm believes it has laid a robust foundation for the VanEck/SolidX Bitcoin ETF to eventually win SEC approval. “I have done everything I can to build the right market structure for Bitcoin and digital assets,” VanEck’s director
The post VanEck Unfazed by Shutdown’s Impact on Bitcoin ETF Application appeared first on CCN -
Going Off The Chain!
The cryptocurrency community has a lot to keep up with. There are many different aspects of the networks that get debated in the crypto-community constantly. From blocksize, to blocktime, to specific transaction scripting, this nascent technology has a lot of neat features and customizations.
One of these features that can be taken advantage of is off-chain transactions, which allow for instant and free transfers of money. Because this type of transaction is not the default operation, some may m -
Bitcoin Upstart BlockEx Shivers In Extended Crypto Winter
via newsbtc.comWhile 2019, the purported year that the Bitcoin ecosystem would undergo a turnaround, is in full swing, crypto startups have continued to fall on bad times. Most recently, a London-based, multi-faceted company revealed that “staff reductions” had taken place, likely catalyzed by the tumult in crypto markets.
Related Reading: Legendary Venture Capitalist: “We’re Close to a Crypto Nuclear Winter”
Bitcoin Exchange BlockEx Purges Staff In “Reduction”
As -
Competitors Challenge IOTA for Internet-of-Things Dominance
via crypto-news.netBlockchain technology has the potential to revolutionize a wide range of industrial and technical sectors, and with development moving ahead rapidly, mainstream adoption is just around the corner. The Internet of Things (IoT) is an expanding field that is primed for blockchain adoption. Released in 2016, Iota has been the primary distributed ledger platform that focuses on the IoT. It has made remarkable progress on its roadmap, and is by far the leader in this niche area of the blockchain revol -
Why Wall Street Should Fear the Rise of Alexandria Ocasio-Cortez
By CCN.com: Horizon Investments Chief Global Strategist Greg Valliere has described congressional rookie Rep. Alexandria Ocasio-Cortez (D-NY) as a very real concern for the stock market because of her perceived willingness to put the financial industry’s nose to the grindstone as part of her political strategy. Horizon Investments: Watch Out for Ocasio-Cortez Speaking to Yahoo
The post Why Wall Street Should Fear the Rise of Alexandria Ocasio-Cortez appeared first on CCN
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