Cryptocurrency news

• Ripple Use Is Growing, But Major Challenges Loom For The Platform and Investors

  31-08-2019 23:00 via crypto-news.net
  Ripple continues to expand its services, and focus on its core mission of becoming a blockchain-based protocol for fiat transfers. There is no longer any doubt that it can perform this function vastly better than the archaic SWIFT Network that it seeks to replace, and more banks continue to adopt it. Nevertheless, the XRP coin, and the company behind it, are now at a crossroads where competition is increasing, and investors are growing weary of market cap declines. 
  Earlier this week Santan
  
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• How Trump's Tweet Could Salvage this S&P 500 Stock

  31-08-2019 22:35
  Exxon Mobil has not been able to escape the wrath of the global economic slowdown and the U.S./China trade war. The company, whose stock has been among the S&P 500 index's top 10 components for decades, was muscled out of position in the S&P 500 index's top 10 stocks, a status it has held for […]
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• How Trump’s Tweet Could Salvage this S&P 500 Stock

  31-08-2019 22:35
  Exxon Mobil has not been able to escape the wrath of the global economic slowdown and the U.S./China trade war. The company, whose stock has been among the S&P 500 index’s top 10 components for decades, was muscled out of position in the S&P 500 index’s top 10 stocks, a status it has held for […]
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• Bitcoin Bull Jack Dorsey’s Twitter Hack Is a Wakeup Call for Crypto Security

  31-08-2019 22:01 via newsbtc.com
  Yesterday, the CEO of Twitter and Square Inc., and staunch Bitcoin and crypto supporter, Jack Dorsey, had his personal Twitter account hacked by the way of a SIM-swap attack and SMS-based backdoor.
  The hack demonstrates that even the CEO can have his own company’s highly-valuable personal account compromised, and is a painful reminder that if it can happen to someone as high profile as Dorsey, it could happen to you too.
  Bitcoin Bull Jack Dorsey Falls Victim to Sim-Swap Hack, Twitter Accou
  
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• Crypto Tidbits: Bakkt Bitcoin Custody, China’s Cryptocurrency On the Horizon, XRP In Hot Water - newsBTC

  31-08-2019 22:00 via newsbtc.com
  Crypto Tidbits: Bakkt Bitcoin Custody, China’s Cryptocurrency On the Horizon, XRP In Hot Water  newsBTCAnother week, another of Crypto Tidbits. Bitcoin saw yet another tumultuous week in terms of price action. It fell by over 8% in one day, as bears managed to take ...
  
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• Crypto Tidbits: Bakkt Bitcoin Custody, China’s Cryptocurrency On the Horizon, XRP In Hot Water

  31-08-2019 22:00 via newsbtc.com
  Another week, another of Crypto Tidbits. Bitcoin saw yet another tumultuous week in terms of price action. It fell by over 8% in one day, as bears managed to take control of the market. But, despite this downward price movement, this industry continued to trudge forward.Related Reading: Crypto Tidbits: Bitcoin Hash Rate High, Square Crypto Bags Hire, Libra in Turmoil
  Bitcoin & Crypto TidbitsBakkt To Start Custodying Bitcoin Next Week: According to a recent Twitter announcement, Bakkt, the Ne
  
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• Crypto News From the Spanish-Speaking World: Aug. 24-31 in Review

  31-08-2019 21:48 via cointelegraph.com
  This week from Cointelegraph en Español: news on payments in Spain, the Petro in Venezeula and Paypal in Mexico
  
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• Crypto News From Spanish-Speaking World: Aug. 24-31 in Review

  31-08-2019 21:48 via cointelegraph.com
  This week from Cointelegraph en Español: news on payments in Spain, the Petro in Venezuela and Paypal in Mexico
  
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• How Facebook Libra Is Seeking Compliance, but May Not Launch by 2020

  31-08-2019 20:50 via cointelegraph.com
  Libra is facing stiff competition on all fronts with the U.S. government setting up regulatory roadblocks and competitors launching their own versions. How is the project coping?
  
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• Bitcoin Mathematics: Why 21 Million BTC May Have Been Chosen

  31-08-2019 20:03 via newsbtc.com
  Everything about Bitcoin is heavily steeped in mathematics – defined as the study of quantity, structure, space, and change. Quantity has always been of particular interest to crypto investors and traders – in increasing the quantity of one’s own holdings, and the impact the hard-capped quantity of BTC has on its long-term value.
  Recently, a Twitter thread questioned the reasoning behind why the first-ever cryptocurrency’s creator, Satoshi Nakamoto, selected 21 million BT
  
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• Kyrgyzstan Proposes Draft Law to Introduce Crypto Mining Taxation

  31-08-2019 19:52 via cointelegraph.com
  After banning cryptocurrencies in 2014, Kyrgyzstan has now submitted a draft law that will allow taxation on cryptocurrency mining
  
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• Microsoft Finally Refunds 12-Year-Old’s $1,300 Xbox Live Spending Spree

  31-08-2019 19:51
  Microsoft has finally refunded more than 100 purchases made by a 12-year-old gamer from the UK. The child, who had been diagnosed with ADHD and exhibits symptoms of inattention and impulsivity, spent over $1,300 on Xbox Live without his parents’ knowledge. Microsoft cancels Xbox Live purchases made by child with ADHD The preteen gamer’s parents […]
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• US-China Trade War and Its Effect on Cryptocurrencies

  31-08-2019 19:31 via cointelegraph.com
  China vs. U.S. trade war spreads to cryptocurrencies and the control over blockchain technologies
  
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• ‘Candy for Millennials’ Auto Stock Has Skyrocketed by 900%

  31-08-2019 18:46
  Carvana Corporation is all about making the experience of buying a used car fun. Buyers browse through the tech company’s selections online. Once approved for financing, users visit one of Carvana’s locations to pick up their vehicle. Before they can take their ride home, buyers have to insert an oversized coin into a slot and […]
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• Australian Coder Warns Users of Lightning Network’s Vulnerabilities

  31-08-2019 18:38 via cointelegraph.com
  Bitcoin’s Lightning Network coder discovered “security issues which could cause loss of funds”
  
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• Psst, Bitcoin Fans! It Doesn’t Matter Who Satoshi Nakamoto Is

  31-08-2019 18:30
  There has been a barrage of media coverage in recent weeks over the identity of Satoshi Nakamoto, the mysterious inventor of bitcoin. The coverage hit a fever pitch this week due to a court ruling in the $10 billion lawsuit filed against Craig Wright. Industry: Wright is not Satoshi Nakamoto The Australian crypto entrepreneur has […]
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• Will Craig Wright Stiff Kleiman Estate Out of $5 Billion Bitcoin Fortune?

  31-08-2019 17:47
  Dave Kleiman’s estate might have a difficult time reclaiming its alleged half of Craig Wright’s $10 billion Bitcoin fortune – and not just because critics say it likely doesn’t even exist. Wright, who lives in the UK, suggested that he won’t make it easy for the US courts to enforce an order to pay up, […]
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• Ex-ConsenSys Exec Joins Security Token Project Dusk Network

  31-08-2019 17:22 via cointelegraph.com
  Former ConsenSys ventures head Kavita Gupta joines security token project Dusk Network
  
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• Amanie Advisors Support Ether’s Compliance With Islamic Finance Law

  31-08-2019 17:16 via cointelegraph.com
  Islamic finance and Sharia advisory firm Amanie Advisors put forward Ether’s compliance with Islamic religious law
  
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• FIFA 20 Leak: Everything You Need to Know Before Sept. 12 Demo

  31-08-2019 16:41
  A leak surfaced on Reddit purporting to show details of the upcoming demo for this year’s iteration of EA’s perennial soccer sim, FIFA 20, in the form of a promo shot featuring Real Madrid midfielder Eden Hazard. A closer look at the leaked image reveals much about we can expect to learn about the yet-to-be-announced […]
  The post FIFA 20 Leak: Everything You Need to Know Before Sept. 12 Demo appeared first on CCN Markets
  
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• Bitcoin Price: 4 Key Similarities to Previous Bull Market Corrections

  31-08-2019 16:32 via cointelegraph.com
  Bitcoin price dip under $10K doesn’t mean the end of a bull market, historical data shows
  
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• Insanely Simple Bitcoin Scam Dupes ATM Users With 1 Piece of Paper

  31-08-2019 15:54
  Many devious scammers will go to extreme lengths to steal your hard-earned crypto funds. However, one Canadian fraudster devised a lucrative Bitcoin scam that’s decidedly more low-tech. It involves a single piece of paper – and a Bitcoin ATM. Most Low-Tech Bitcoin Scam Ever? If you see a poster hung next to a cryptocurrency ATM, […]
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• Ninja Bashes Fortnite Cheaters After Rage-Quitting for Minecraft

  31-08-2019 14:53
  Popular streamer Ninja unloaded on Fortnite cheaters who he says are ruining the battle royale juggernaut’s competitive landscape. The streamer, real name Tyler Blevins, also demanded that Fortnite developer Epic Games “mitigate” the issue of cheating in the game. Fortnite Teaming Scandal Clouds Cash Cup Tourney Here’s the backstory: Professional Fortnite player and Faze Clan […]
  The post Ninja Bashes Fortnite Cheaters After Rage-Quitting for Minecraft appeared fir
  
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• Can PACs Popularize Cryptocurrency Donations in US Politics? - Cointelegraph

  31-08-2019 14:17 via cointelegraph.com
  Can PACs Popularize Cryptocurrency Donations in US Politics?  CointelegraphEarlier this week, BitPAC — conceivably the only active crypto-centric political action committee (PAC) — announced its plans to hold an initial coin offering ...
  
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• Can PACs Popularize Cryptocurrency Donations in US Politics?

  31-08-2019 14:17 via cointelegraph.com
  As BitPAC plans to launch an ICO in support of 2020 candidate, can PACs popularize cryptocurrency donations in the U.S. politics?
  
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• Cryptocurrency This Week: Self-Proclaimed Bitcoin Creator Craig Wright Is Wrong: US Court, And More - Inc42 Media

  31-08-2019 14:13 via inc42.com
  Cryptocurrency This Week: Self-Proclaimed Bitcoin Creator Craig Wright Is Wrong: US Court, And More  Inc42 MediaWhile China will reportedly not launch fiat cryptocurrency soon, Bank of England governor has proposed a digital currency to replace US dollar.
  
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• What’s Bitcoin REALLY Worth? Much Less Than You Think

  31-08-2019 14:00
  Bitcoin’s reported $172 billion market cap may be a point of pride for cryptocurrency enthusiasts everywhere, but how accurate is it as a measure of Bitcoin’s worth? Not much. In fact, new data from CoinMetrics suggests the true Bitcoin price amounts to far less than we’re led to believe. Bitcoin: ‘Market Cap’ Diverges Wildly From […]
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• Bitcoin is Fundamentally Healthier Than Ever, BTC Price Could Follow

  31-08-2019 14:00 via newsbtc.com
  Over the past week, Bitcoin (BTC) has shed 6.5%, falling to $9,500 from its former support of $10,000. Despite this downward price action, the fundamentals of the cryptocurrency continue to swell, pointing towards a potential rebound in the coming weeks and months.
  Related Reading: Bitcoin Bull Jack Dorsey’s Twitter Hack Is a Wakeup Call for Crypto Security
  Bitcoin Extremely Strong as a Network
  According to data from CoinMetrics, Bitcoin remains strong as a network — price aside. In
  
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• Altcoin Season on the Horizon? Bitcoin Dominance Hits Historical Reversal Point

  31-08-2019 14:00 via newsbtc.com
  Despite the drawdown in the price of Bitcoin — which some analysts say would result in a change of tides for altcoins — BTC dominance continues to tick higher. As of the time of writing this, the key market metric is approaching 70% for the first time in years, implying that once again, almost all cryptocurrency inflows are making their way into Bitcoin.
  Related Reading: Altcoin Anguish Continues as Bitcoin Bounces Back Reclaiming 70% Dominance
  But, as time passes, an increasing numb
  
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• The Crypto Custody Conundrum: What Are We Even Talking About?

  31-08-2019 13:10
  New tech usually struggles with vocabulary, says Noelle Acheson. With bitcoin, the confusion rubs off integral conceptsin securities legislation.
  
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• Price Analysis 31/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XLM, ADA

  31-08-2019 13:03 via cointelegraph.com
  Bounce or plunge. What do the charts bode for Bitcoin? Let’s analyze
  
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• Indodax: Largest Cryptocurrency Exchange in Indonesia for Transacting Cryptocurrencies - CryptoNewsZ

  31-08-2019 12:52 via cryptonewsz.com
  Indodax: Largest Cryptocurrency Exchange in Indonesia for Transacting Cryptocurrencies  CryptoNewsZIndodax (The Indonesia Digital Asset Exchange) is Indonesia's biggest cryptocurrency exchange, with registered users of 1.7 million currently, and it processes ...
  
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• Why Does Amazon Want to Hire Blockchain Experts for Its Ads Division?

  31-08-2019 11:37 via cointelegraph.com
  Why Amazon is hiring blockchain experts for its advertising division and needs tokenization to differentiate itself from Google and Facebook
  
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• Elon Musk is Completely Out of Touch vs. Jack Ma on AI

  31-08-2019 11:22
  Tesla CEO Elon Musk joined Jack Ma, the richest man in China, to debate the pros and cons of the use of AI at the World AI Conference, in Shanghai. Musk is pro AI, which has been a staple of the Tesla vehicles despite ever-growing problems. It’s been a while since things looked good for […]
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• Report: Telegram to Launch TON Blockchain Public Testing on Sept. 1

  31-08-2019 10:20 via cointelegraph.com
  Telegram Open Network’s blockchain public testing to start on Sept. 1, says one of the investors
  
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• Blockchain Scalability: Current Challenges and Potential Solutions

  31-08-2019 08:22 via cointelegraph.com
  While blockchain scalability is one of the biggest hurdles to mass adoption, the existing consensus mechanisms come with their own set of tradeoffs. To decentralize nonfinancial blockchains as well, we’re going to need novel approaches to secure their decentralized networks
  
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• College Athletes Move a Step Closer to Getting the Money They Deserve

  31-08-2019 05:05
  Payday could finally be coming for some college athletes. California Senator Nancy Skinner just tweeted that her SB 206 bill won unanimous approval from the Assembly Appropriations Committee. Yes! My bill, #SB206 — which will give California college athletes the rights to monetize their name, image, and likeness — just won unanimous approval from the […]
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• Continental Unveils Demo Earning App for Blockchain-Based Car Platform

  31-08-2019 03:27 via cointelegraph.com
  Automotive supplier Continental pilots “Earn As You Ride” app that lets drivers monetize their parking data
  
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• Stock Market Legend Warns of Depression, but He’s Been Wrong Before

  31-08-2019 02:25
  Forget all the recession talk, Wall Street tycoon Ray Dalio is afraid an economic depression could be in the cards. The Bridgewater Associates co-chief investment officer warns that conditions in the financial markets are beginning to look a lot like the 1930s when the U.S. economy was mired in the Great Depression. As fate would […]
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• 1.4 Million Brazilian Point-of-Sale Devices to Support Crypto Payments

  31-08-2019 02:23 via cointelegraph.com
  The largest credit card processing company in Brazil unveils support for crypto payment
  
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• South Korean ArtBloc to Sell David Hockney Paintings via Blockchain

  31-08-2019 01:15 via cointelegraph.com
  South Korean project ArtBloc to sell David Hockney paintings using blockchain
  
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• Bitcoin Rejected By High Timeframe Resistance, Here’s What To Possibly Expect

  31-08-2019 01:00 via newsbtc.com
  Bitcoin price is at risk of falling from the current trading range and is hanging by a thread at $9,600 after repeated attempts to hold above $10,000 failed.
  And while a rebound from here cannot be ruled out, Bitcoin price was rejected by high timeframe resistance dating back to the previous crypto market bull run, when Bitcoin reached $20,000 and eventually began to crash.
  2017’s Bull Run Support Is Rejecting Bitcoin Price Almost Two Years Later
  After Bitcoin price met its all-time high p
  
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• Jack Dorsey Twitter Hack a Sick Way to Protest Hate Speech

  31-08-2019 00:29
  In a shocking display of Twitter’s vulnerability, CEO Jack Dorsey had his account hacked. The offending tweets were clearly intended to be as offensive as possible and beg the question if Dorsey can’t keep his account secure, can anyone? As the dust settles, however, this hack appears far more meaningful. So the guy that created […]
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• Jaguar Uses Iota in Proof-of-Concept Demo for Tracing Car Energy

  31-08-2019 00:07 via cointelegraph.com
  Jaguar’s I-Pace will use Iota tech as part of a DLT-backed energy tracing demo
  
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• No tax levied for cryptocurrency trading and payments in Portugal - FXStreet

  31-08-2019 00:02 via fxstreet.com
  No tax levied for cryptocurrency trading and payments in Portugal  FXStreetJornal de Negócios - a Portuguese business newspaper - reported that the country's Tax and Customs Authority had exempted crypto transactions and paym.
  
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• Crypto Analyst Says XRP Fireworks Are Coming After Bounce From 2014 Support

  31-08-2019 00:00 via newsbtc.com
  Few crypto tokens or altcoins have been affected by the crypto bear market than XRP, also known as Ripple. Even though Bitcoin and many others have regained much of their lost all-time high value, XRP is still down over 93% from its $3.84 price record.
  Investors have grown increasingly bearish on XRP, and many expect the asset to continue to fall into oblivion. however, one crypto analyst says that “fireworks” are “incoming” for XRP, as the asset’s price hit histori
  
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• Billionaire Investor Eyes $1 Billion Crypto Hedge Fund

  31-08-2019 00:00
  Billionaire head of Brevan Howard hedge fund, Alan Howard, is launching a crypto portfolio platform that aims to make stable investments in a notoriously volatile market.
  
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