Cryptocurrency news

• Billionaire Bitcoin Mining Investor Frank Timis Paid Just $44 in Taxes

  03-06-2019 23:49
  By CCN: Billionaire bitcoin mining investor Frank Timis ranks among Romania’s wealthiest citizens and Britain’s richest residents. A blockbuster investigation into his personal finances reveals that, despite his life of staggering luxury, he paid less than $50 in income tax in 2017. Billionaire Bitcoin Mining Tycoon Gets Richer – And Pays Barely Any Taxes A BBC report exposed Frank Timis’s personal tax return from 2017, revealing that he had paid just £35.20 (around
  
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• Tech Startup Fluree Raises Nearly $5 Million in Seed Round for Blockchain Database

  03-06-2019 23:10 via cointelegraph.com
  Tech startup Fluree has secured almost $5 million from investors for a blockchain-based database system
  
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• $500M Crypto Project to Bring Digital Asset Payments to 100,000+ Location in 2019

  03-06-2019 23:00 via newsbtc.com
  Digital asset payment platform Crypto.com has just demonstrated a crypto payments processing system that it intends to launch in more than 100,000 locations this year. The system, known as Crypto.com Pay, will allow users to pay in more than 25 different digital assets including Bitcoin and Ether.
  Since neither the merchant or customer pay any fees, there is hope that the increased acceptance will allow more people to use digital assets as bone fide currencies. Currently, the lion’s share
  
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• SEC’s Crypto Savvy Surprises Blockchain Insiders at D.C. Forum

  03-06-2019 22:59
  SEC officials demonstrated a deeper grasp of crypto than many industry members were expecting at last week's forum.
  
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• Binance CEO Debunks Crypto Twitter Hysteria Over US Geoblock

  03-06-2019 22:40
  By CCN: A rumor that crypto exchange giant Binance had barred users from the United States and 28 other countries from accessing its decentralized exchange (DEX) has had Crypto Twitter in a tizzy. As is often the case with rumors, the truth is a bit more complicated – and a lot less tantalizing. Speaking to CCN, Binance CEO Changpeng Zhao debunked the hysteria. He explained that the geoblock of users from 29 countries including the U.S. and Venezuela only applies to a single website in www
  
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• Indian Police Uncover Cryptocurrency Scam Involving BitConnect Promoter - Cointelegraph

  03-06-2019 22:37
  Indian Police Uncover Cryptocurrency Scam Involving BitConnect Promoter  CointelegraphIndian police have discovered an alleged multi-million dollar cryptocurrency scam involving a BitConnect promoter. Indian police have reportedly discovered an alleged multi-million dollar cryptocurrency scam, involving a BitConnect promoter, local media outlet the Times of India reported on June 3. The Criminal Investigation Department (CID) in Gujarat, India, has accused Divyesh Darji — a promo
  
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• Indian Police Uncover Cryptocurrency Scam Involving BitConnect Promoter

  03-06-2019 22:37 via cointelegraph.com
  The Criminal Investigation Department in Gujarat, India has unearthed an alleged cryptocurrency scam involving a BitConnect promoter
  
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• FANG Bloodbath: Facebook and Google Plunge Amid Antitrust Probes

  03-06-2019 22:35
  By CCN: The Trump administration’s trifecta of antitrust investigations of Silicon Valley tech giants triggered a mass selloff of FANG stocks on Monday. Notably, Facebook stock got hammered amid revelations that the Federal Trade Commission launched an antitrust probe to determine if it engages in monopolistic practices. Similarly, Facebook’s FANG cohorts — Google and Apple — got crushed after news broke that the DOJ is also preparing antitrust investigations of them, CNB
  
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• The Startup Behind Ethereum’s Infamous DAO Has Been Acquired

  03-06-2019 22:30
  Blockchains.com steps into the internet of things with the with the acquisition of slock.it
  
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• John McAfee To Roll Out ‘Freedom Coin’ Cryptocurrency This Fall

  03-06-2019 22:04 via cointelegraph.com
  John McAfee announced a cryptocurrency designed for economic freedom, aiming to have independence from traditional finances and other crypto
  
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• Bitcoin Price 99% Flash Crash May Have Been Work of Clever Crypto Hacker

  03-06-2019 22:00 via newsbtc.com
  Last week, while most crypto traders witnessed a sideways market with Bitcoin price consolidating in the mid-$8,000s, on the CAD/BTC pair on the cryptocurrency exchange Kraken, there was a flash crash, wiping out 99% of its value in seconds before rocketing back into its trading range.
  While a combination of low liquidity, thin order books, and large “fat-finger” market orders are often the cause of these flash crashes, according to the crypto community there is more at play in this
  
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• Walmart Follows Pfizer in Joining Blockchain Pharmaceutical Project MediLedger: Report

  03-06-2019 21:55 via cointelegraph.com
  Walmart, a $220 billion retail giant, is expanding its blockchain expertise by joining blockchain-based pharmaceutical consortium MediLedger
  
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• Ripple & XRP: An Uncertain Future in Banking Hangs in the Balance

  03-06-2019 21:40
  By CCN: People are feeling notably bullish about Ripple, or XRP, depending on what you’re talking about. The token price is earning bullish calls on Twitter. .50 cent and beyond incoming $xrp — Sir Gordon Gekko (@gordongekko369) June 2, 2019 Fifty cents would go a long way to making longtime XRP investors whole and earning handsome returns on long-held investments. It would also limit Ripple Labs’ need to liquidate funds held in escrow that it uses to continue operations. The c
  
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• French Retail Chain Carrefour Registers Sales Boost Following Blockchain Integration

  03-06-2019 21:31 via cointelegraph.com
  Carrefour stated that sales of certain items have increased thanks to a blockchain food tracking system
  
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• Mexico Is Getting Eight New Cryptocurrency Exchanges - CoinDesk

  03-06-2019 21:30
  Mexico Is Getting Eight New Cryptocurrency Exchanges  CoinDeskAmero-Isatek will open its first physical cryptocurrency exchange in Nuevo León, Monterrey, on June 21, part of a plan to expand into another seven locations ...
  
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• Mexico Is Getting Eight New Cryptocurrency Exchanges

  03-06-2019 21:30
  Fintech firm Amero-Isatek will offer cash-to-crypto exchanges in eight Mexican states
  
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• Dow Pares Brutal Losses, but Thunderous Recession Warnings Fuel Rate Cut Bets

  03-06-2019 21:14
  By CCN: The Dow and broader U.S. stock market traded mixed-to-lower on Monday, as plunging technology shares and elevated trade-war risks weighed on investor morale. Market participants are becoming more convinced that the Federal Reserve will begin cutting interest rates as early as this summer to stave off recessionary headwinds. Dow Recovers from Stock Futures Meltdown The Dow Jones Industrial Average declined by as much as 114 points on Monday, reflecting a brutal pre-market for U.S. stock f
  
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• Dow Extends Crippling Losing Streak as Recession Warnings Thunder

  03-06-2019 21:14
  By CCN: The Dow and broader U.S. stock market extended their crippling losing streak on Monday, as plunging technology shares and elevated trade-war risks weighed on investor morale. Market participants are becoming more convinced that the Federal Reserve will begin cutting interest rates as early as this summer to stave off recessionary headwinds. Dow Recovers from Stock Futures Meltdown The Dow Jones Industrial Average declined by as much as 114 points on Monday, reflecting a brutal pre-market
  
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Bitcoin SV, Stellar, Tron: Price Analysis June 3

  03-06-2019 21:03 via cointelegraph.com
  Where are major cryptocurrencies heading in the near future? Let’s take a look at the charts
  
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• Meet the 28-Year-Old Cryptocurrency Founder Who Just Paid $4.57 Million to Have Lunch With Warren Buffett - Yahoo Finance

  03-06-2019 20:52
  Meet the 28-Year-Old Cryptocurrency Founder Who Just Paid $4.57 Million to Have Lunch With Warren Buffett  Yahoo FinanceCryptocurrency founder Justin Sun just paid $4.57 million to have a private lunch with famed investors Warren Buffett. But persuading the Oracle of Omaha to ...
  
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• Tron CEO’s Childish Warren Buffett Stunt Batters BTT Cryptocurrency

  03-06-2019 20:40
  By CCN: The BitTorrent cryptocurrency price tanked over 6% in Monday trading after Tron CEO Justin Sun’s latest announcement stunt flopped in hilarious fashion. Tron Founder Will Pitch Crypto to Bitcoin Hater Warren Buffett It turns out Sun was the mystery bidder who won a charity lunch auction to dine with investing oracle Warren Buffett. This year is the 20th anniversary of Buffett’s annual charity “power lunch” auction, and a record-setting bid of $4.5 million for the
  
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• Ethereum (ETH) Retrace to $230 or $190 On The Table

  03-06-2019 20:00 via newsbtc.com
  ETH liquidation at $300
  Ahead of Serenity, developers prefer Ethereum over competing platforms.A raft of supportive fundamentals, on-chain development, and optimism amongst investors is behind Ethereum’s (ETH) resilience. Although under pressure, the uptrend is solid. Even so, for buyers’ confirmation, bulls must clear $300.
  Ethereum Price Analysis
  Fundamentals
  Year-to-date, Ethereum (ETH) is lagging the world’s most valuable digital asset, Bitcoin (BTC). That is despite the p
  
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• Block.One’s New Social Media Site Will Do Identity Checks for Every User

  03-06-2019 19:55
  Details are emerging about Block.one's new social platform, Voice. Here's what we know so far.
  
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• John McAfee Says He Is Launching His Own 'Freedom' Cryptocurrency - CoinDesk

  03-06-2019 19:45
  John McAfee Says He Is Launching His Own 'Freedom' Cryptocurrency  CoinDeskJohn McAfee, the famous and infamous security pioneer and cryptocurrency enthusiast, is set to launch his own eponymously named currency, the McAfee ...
  
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• John McAfee Says He Is Launching His Own ‘Freedom’ Cryptocurrency

  03-06-2019 19:45
  Like Seinfeld, the McAfee Freedom Coin is a token about nothing.
  
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• Winklevoss Bro Wants You to ‘Book Your Seat’ on the Bitcoin Rocket

  03-06-2019 19:40
  By CCN: The most common argument Bitcoin increasing in value is its potential disruption of the haven gold market. One of the loudest evangelists of this belief, Cameron Winklevoss, was again urging people on Twitter not to miss out on this game-changing capital transfer because of a lack of imagination. We talk about going to Mars all the time. We have no limits to our imagination when it comes to space travel. But when it comes to the future of money, curiously many suffer from an acute failur
  
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• Tron CEO Pays $4.5 Million to Give Warren Buffett His Best Crypto Pitch

  03-06-2019 19:38
  By CCN: In a frankly incredible turn of events, crypto hater Warren Buffett is going to have lunch with Justin Sun – not that he has any choice in the matter. The Tron founder won Buffett’s GLIDE charity auction with a record $4.5 million bid. Tron Founder Pays $4.5 Million for Warren Buffett Pow-Wow To make matters worse for the billionaire who once called Bitcoin “rat poison squared,” TRX’s Sun is going to bring along a bunch of his blockchain pals for the ride. I
  
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• Bitcoin Cynic Buffett is Having Lunch With Tron CEO Sun: Crypto in Stiches

  03-06-2019 19:19 via newsbtc.com
  Tron founder Justin Sun has just revealed that he has secured a lunch meeting with Warren Buffett, known in crypto for his anti-Bitcoin (BTC) comments. The cryptocurrency “pioneer”, as Bloomberg called Sun, managed to win an auction for Buffett’s famous charity lunch, held every year to raise money for a number of non-profits.
  Related Reading: Bitcoin Sees Sketchy Weekly Candle, Chances Of Pullback Increasing: Analysts
  Tron CEO Spends $4.6M To Sway Buffett About Crypto
  As repor
  
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• John McAfee Tweets a Good Review of the KaratGold Crypto Ecosystem, Which Is Backed by Karatbars Germany

  03-06-2019 19:06 via newsbtc.com
  One of the best-known Bitcoin supporters and well-respected crypto voices John McAfee has announced support for Karatbars International. The company initially known as a retailer of tiny gold items, today declares itself as a provider of multiple blockchain solutions for the traditional market.“Warning: I work with this company. However, KBC coin is linked to gold in a way that downside is limited, while the upside is unlimited,” McAfee wrote on his Twitter referring to KBC, the coin
  
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• Bitcoin’s Evening Star Formation Has BTC Bulls Fearful

  03-06-2019 19:00 via newsbtc.com
  BTC down 2.8 percent
  Evening Star pattern printsTraders are wary, doubting the strength of the underlying momentum. At the time of press, Bitcoin is cooling off, dropping 2.8 percent in 24 hours as prices range below May high.
  Bitcoin Price Analysis
  Fundamentals
  True, May was an exciting month for Bitcoin and indeed crypto traders. After a lackluster performance in Q1 2019, the recovery in April and the assertion of May did bring good tidings to hodlers.
  As a result, Bitcoin now has deeper liqu
  
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• Tether Continues to Dominate Crypto in Volume Despite Controversy

  03-06-2019 18:49 via newsbtc.com
  Analysis from Binance Research shows that stablecoins are dominating market share and volume. As of 1st May 2019, on the Binance platform, stablecoins accounted for 61% of all crypto volume. This compares with just over 36% at the same time last year. While USD-backed stablecoins lead the pack, concerns over the viability of Tether are not reflected in its net inflows.This is a completely different market than it was a year ago.
  Latest report from @BinanceResearch shows how stable coins are eati
  
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• Boeing Stock: Forecast Darkens as BA Plunges Toward 5-Month Low

  03-06-2019 18:48
  By CCN: If you thought things couldn’t get any worse for Boeing stock (BA), you were very, very wrong. After weeks of constant scrutiny, the aerospace giant’s 737 MAX aircraft has suffered another brutal setback, and it sent the Dow’s largest component careening toward a five-month low. Boeing Stock Bears Brunt of 737’s Safety Failures The Federal Aviation Administration triggered the latest sell-off when it revealed that more than 300 Boeing 737 planes could have faulty
  
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• The best cryptocurrency to invest in for 2019 - Augusta Free Press

  03-06-2019 18:40
  The best cryptocurrency to invest in for 2019  Augusta Free PressAs we reach the halfway mark of 2019, it's important to see which key developments are affecting the US cryptocurrency market.
  
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• Bullish LedgerX Crypto Options Bets Resurface: Bitcoin $50K by 2020

  03-06-2019 18:30
  By CCN: Now that the bitcoin price has momentum on its side, the bulls are placing bullish bets again. The most aggressive trades are seemingly happening in the crypto derivatives market where the risk/reward profile differs vs. the spot market. Now that the bitcoin price has generated returns of approximately 130% year-to-date, derivatives traders are willing to put it on the line once again. One bullish trade that has resurfaced in the crypto call options market is a bet that the bitcoin price
  
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• Tron’s Justin Sun Wins eBay Charity Auction in $4.57M Bid to Lunch With Warren Buffett

  03-06-2019 18:00 via cointelegraph.com
  Tron founder and CEO Justin Sun has won an eBay charity auction to have lunch with renowned investor and Berkshire Hathaway CEO Warren Buffett
  
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• Dow Crash Ridiculously Unlikely – JPMorgan Economist Reveals Why

  03-06-2019 17:57
  By CCN: The Dow Jones lost nearly 1,000 points last week, but the stock market bellwether made a tepid recovery on Monday. At last check, the DJIA had gained 24 points or 0.1% to climb back to 24,839. The Dow’s recent performance has triggered alarm bells on Wall Street, but one JPMorgan economist argues that the Fed could take steps to protect the stock market from a crash. JPMorgan Economist: Fed Rate Cut Is in the Cards According to Michael Feroli, chief U.S. economist at JPMorgan, the
  
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• 3 Best Cryptos to Buy in 2019 Before They Explode with Massive Gains

  03-06-2019 17:35
  By CCN: With numerous bullish breakouts on the longer timeframe, the crypto bull market is growing stronger by the day. We’re not just talking about bitcoin. On the contrary, the disbelief rally of the king of cryptocurrencies may be on its last legs. This gives other large-cap cryptos the opportunity to step into the limelight. We did our research and discovered that TRON, Stellar, and Ethereum Classic offer some of the best setups that can generate massive gains in a short period of
  
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• Crypto OTC Trading, Explained

  03-06-2019 17:30 via cointelegraph.com
  Why is over-the-counter trading popular in the crypto world and how does it differ from traditional exchange services? Read more in our piece dedicated to OTC
  
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• Examining Australia's Updated Regulations for ICOs and Crypto Trading

  03-06-2019 17:18 via cointelegraph.com
  Australian regulator has made yet another update to its guidelines for ICOs and cryptocurrency trading, which impacts industry advisers and miners
  
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• $100 Billion Softbank Fund Flops After CEO Exposes Monster Bitcoin Loss

  03-06-2019 17:09
    By CCN: Just months ago, Japanese tech behemoth Softbank was on top of the world, and CEO Masayoshi Son added $5 billion to his net worth following a well-timed stock buyback program. But fortunes have turned for Softbank and Mr. Son. Softbank stock has slumped nearly 20 percent since its April highs, its Uber investment is looking shaky, and new fundraising efforts are failing. Meanwhile, Mr. Son revealed his monstrous losses from a disastrous bitcoin bet. Softbank Founder Suffers Bitcoi
  
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• Hackers Infect 50,000 Servers With Sophisticated Crypto Mining Malware

  03-06-2019 17:00
  Hackers have breached over 50,000 servers across the world to mine cryptocurrency using unusually sophisticated tools, according to a new report.
  
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• Cryptocurrency market update: Bitcoin and alts climbing upwards - Yahoo Finance

  03-06-2019 17:00
  Cryptocurrency market update: Bitcoin and alts climbing upwards  Yahoo FinanceCryptocurrency market update: Bitcoin recovers from lows, struggles to develop upside momentum  FXStreetCrypto Tidbits: Bitcoin Taps $9,100, Samsung Pay Could Support Cryptocurrency, Whales Accumulating  newsBTCBest Cryptocurrency News Websites to Follow in 2019  CoindooView full coverage on Google News
  
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• Will Ethereum Surge Back to $1,000? Experts Weigh In

  03-06-2019 16:50
  By CCN: Ethereum has had a fantastic – if expected – turn-around the past few weeks, launching the second-largest cryptocurrency above $250. In the glory days of the ICO run, when transaction fees were high – and demand for Ether was also high – the ETH price sailed over $1,000. What are the odds of that happening now, or soon? Ethereum: Can ETH Join Bitcoin in Four-Figure Territory? Ethereum has faced stiff competition from other smart contract platforms, notably Tron an
  
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• Why Cryptocurrency Tangibles Are The Future Of Alternative Investments - Forbes

  03-06-2019 16:36
  Why Cryptocurrency Tangibles Are The Future Of Alternative Investments  ForbesIn the decade since the 2008 financial crisis, investment firms have become progressively focused on diversifying their clients’ portfolios with alternative investments. Traditional investments, such as stocks and bonds, are valued based on interest rates and GDP, and are therefore relatively liquid. Alternative investments, such as private equity and venture capital – as well as tangibles, such a
  
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• Open Bets On CME’s Bitcoin Futures Hit Record High

  03-06-2019 16:30
  CME Bitcoin Futures have hit a record high in open interest at 5,190, up seven percent on the week prior, data from the CFTC shows.
  
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• LocalBitcoins Quietly Removes Anonymous In-Person Crypto Cash Trading

  03-06-2019 16:28
  By CCN: Peer-to-peer cryptocurrency exchange service LocalBitcoins has completely suspended all physical cash trading on its network. Several traders have since reported having their standing orders canceled forcing them to revert to electronic-only transfer alternatives. Enthusiasts have long considered LocalBitcoins a haven for decentralized Bitcoin trading. But now it appears the company is losing its edge. The development has largely flown under the radar with no press releases or official m
  
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• What a bit! John McAfee and His New Coin

  03-06-2019 16:16
  John McAfee is launching a new cryptocurrency and people around the world are praising MacAfee for the creative name he will be calling it; I will give you 2 seconds to guess it… “McAfee Freedom Coin”.
  The post What a bit! John McAfee and His New Coin appeared first on CCN
  
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• Brazilian State-Owned Bank Funds Documentary via Its Own Ethereum-Based Token

  03-06-2019 16:13 via cointelegraph.com
  Brazilian state-owned bank BNDES will finance a documentary using its own real-pegged stablecoin
  
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• Security Researcher Tears Up a Binance Scam Site to Find the Hackers

  03-06-2019 16:00
  Harry Denley, researcher for MyCrypto, found and dismantled a clever phishing site that targeted Binance users.
  
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• Encrypted Email Service Launches on Blockstack With Bitcoin Features

  03-06-2019 16:00
  An Egyptian web firm is building Dmail on Blockstack to bring bitcoin-friendly privacy tech to the Middle East.
  
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