Tether Implodes in 4% Drop = An Important Step Toward Crypto Market GrowthThe price of Tether (USDT), a crypto stablecoin backed by the US dollar pegged to $1, has fallen by around 4 percent in the past 24 hours to $0.96. As USDT fell, it became more expensive for traders to purchase major cryptocurrencies like Bitcoin and Ethereum with USDT, pushing the premium of cryptocurrencies up on…
Raido Financial Announces New Updates and Prepares for the LaunchThis 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…
AERON – A Blockchain Ecosystem That Is Set to Impact Airlines IndustryThis 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…
Full Service Crypto Bank Victorieum Are Promising the Seemingly Impossible. Here’s How They Plan to Pull It OffThis 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…
UK Banking Giant Barclays’ Cryptocurrency Project ‘Put on Ice’: ReportMajor investment bank Barclays has reportedly put its cryptocurrency trading project “on ice” amid a prolonged bear market that has dampened interest in the asset class among many investors. According to a Financial News report, the London-based financial institution shelved the project in September, leading to the departure of Chris Tyrer, the bank’s former head…- UK Banking Giant Barclays’ Cryptocurrency Project ‘Put on Ice’: ReportMajor investment bank Barclays has reportedly put its cryptocurrency trading project “on ice” amid a prolonged bear market that has dampened interest in the asset class among many investors. According to a Financial News report, the London-based financial institution shelved the project in September, leading to the departure of Chris Tyrer, the bank’s former head…
Crypto Porfolio Managment App Blockfolio Raises $11.5 MillionCrypto portfolio tracker Blockfolio has raised $11.5 million in a round of fundraising led by prolific cryptocurrency focused hedge funds Pantera Capital. Pantera Capital has maintained a positive outlook for cryptocurrency for a while. The investment firm, led by its CEO and chief investment officer Dan Morehead recently invested in market prediction platform Augur, an…
Blockchain Tech Firm Blockstream Launches Beta Version of Satellite API for Data Broadcast NewBlockstream has launched the Beta version of its Satellite API designed to broadcast encrypted data
US: Bill Exempting Non-Custodial Crypto Services From Certain Laws Reintroduced to Congress NewA bill exempting companies providing non-custodial crypto services from certain state money transmitting laws has been resubmitted to the U.S. Congress
IBM-Backed Blockchain Platform to Improve Supply Chain Management in Mining Industry NewIBM’s new partnership is aimed at supply chain management in the mining and metals industry, looking to improve logistics, financing, and cost-saving
Crypto Markets Experience Moderate Growth, Bitcoin Holds Above $3,600 NewAll of the top 20 coins by market cap are seeing green today, Jan. 17, except for stablecoins USDT and USDC
BitMEX Research: ICO Tokens Allocated by Teams to Themselves Lost 54% of $24 Bln Value NewA new report by BitMEX shows that ICO teams have lost 54 percent of value of the initial $24 billion worth of tokens allocated to themselves
Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 16 NewDespite the market-wide price plunge last year, cryptocurrency trading volumes have actually increased in 2018 vs 2017. Do the charts reflect the improving fundamental indicators of crypto?
ConsenSys Joins News Industry Leaders to Invest in New WordPress Publishing Platform NewConsenSys has invested in new publishing platform by WordPress and will provide its blockchain-powered native plugin for the newsrooms
Synergy of blockchain solutions by Optherium LabsOptherium is a robust blockchain-as-a-service provider that any business can benefit from. By introducing a pioneering MultiDecentralized Private Blockchains NetworkTM, this platform offers a full-featured Operating System, turning this Global Finance Blockchain Infrastructure into the standard that will bridge the gap between the traditional and digital economies. As non-cash payments have become the norm, cryptocurrency…- Synergy of blockchain solutions by Optherium LabsOptherium is a robust blockchain-as-a-service provider that any business can benefit from. By introducing a pioneering MultiDecentralized Private Blockchains NetworkTM, this platform offers a full-featured Operating System, turning this Global Finance Blockchain Infrastructure into the standard that will bridge the gap between the traditional and digital economies. As non-cash payments have become the norm, cryptocurrency…
WTO: Ripple Could Revolutionize International Business – Bitcoin, IOTA, And ETH Also InvolvedCryptocurrencies and the blockchain technology have disrupted the conservative global financial system and put banks on notice, but some banks have opted to go with the flow rather than get overtaken by the rapidly expanding influence of blockchain-based systems. Ripple is one the companies that has capitalized in helping these institutions cope with the transition.…
Banco Santander to Expand Ripple (XRP)-Powered Payment Platform to More European CountriesBanco Santander recently announced the expansion of its Ripple (XRP)-powered OnePay FX Platform to other European countries. The bank also plans to use Ripple ledger for all its payment settlements going forward. All Payment Settlements with XRP Speaking at the recent Ripple ‘Swell’ event, Ed Metzger, the Head of Innovation at the bank said: We…- Banco Santander to Expand Ripple (XRP)-Powered Payment Platform to More European CountriesBanco Santander recently announced the expansion of its Ripple (XRP)-powered OnePay FX Platform to other European countries. The bank also plans to use Ripple ledger for all its payment settlements going forward. All Payment Settlements with XRP Speaking at the recent Ripple ‘Swell’ event, Ed Metzger, the Head of Innovation at the bank said: We…
Ethereum Based POA Network Launches Open-Source Block Explorer for ETH, ETC and POAThe team at the POA Network have unveiled the first full featured open-source block explorer tool for the Ethereum ecosystem. This new block explorer is called BlockScout. It is an easy-to-use and secure tool that allows users to search and explore transactions, addresses, and balances on the three blockchains of Ethereum (ETH), Ethereum Classic (ETC)…- Ethereum Based POA Network Launches Open-Source Block Explorer for ETH, ETC and POAThe team at the POA Network have unveiled the first full featured open-source block explorer tool for the Ethereum ecosystem. This new block explorer is called BlockScout. It is an easy-to-use and secure tool that allows users to search and explore transactions, addresses, and balances on the three blockchains of Ethereum (ETH), Ethereum Classic (ETC)…
Trezor and Gray Release Corazon Series ‘Luxury’ Hardware Wallets NewOn Jan. 16, hardware wallet manufacturer Satoshilabs, the creator of the Trezor line of cryptocurrency devices, announced its latest partnership with the mechanical artistry and design company Gray. The luxury designer is well known for its mobile collections like Zyra and Alter Ego and the two companies have now released a “luxury” aerospace-grade titanium hardware…
Custodial Bitgo Clients Can Now Access Genesis Global’s OTC Pools NewOn Wednesday, cryptocurrency custodial service Bitgo and over-the-counter (OTC) brokerage house Genesis Global announced a partnership to provide fast and secure trades directly from Genesis’ cold storage solution. Essentially, institutional investors who store their assets with Bitgo will be able to access cryptocurrency quotes in a high-frequency fashion similar to acquiring stocks or equities from…
What UK Bitcoin Investors Should Know as Tax Deadline Approaches NewThe deadline for submitting tax returns in the UK is Jan. 31, 2019. If you hold investments in bitcoin or any other cryptocurrency it is important to be aware you may owe corporation tax, income tax, or capital gains tax depending on your activities. The U.K.’s HM Revenue and Customs (HMRC) has shared its most recent…
Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again NewIn the past week or so, a number of publications, including cryptocurrency websites, but also “reputable” mainstream outlets, have given stage to a “Kremlin economist” with a bold prediction – Russia will invest billions in bitcoin to tackle U.S. sanctions, possibly triggering a new bull run as early as next month. The claim was quoted…
Binance Launches Euro and Pound Fiat-to-Crypto Platform in Jersey NewEuropean and British investors looking for a gateway to covert their fiat into cryptocurrency have just gotten another venue to trade on. Popular digital exchange Binance has launched a euro and pound fiat-to-crypto trading platform in the British Crown dependency of Jersey. Also Read: The Daily: New Platform to Offer Tokenized Securities, Ledgerx Launches Volatility…
Chatter Report: Pacia Shows Avalanche Regtest Data, Powell Advocates Hardware Wallets NewIn today’s chatter report, Chris Pacia reveals his BCH transaction using Avalanche on regtest finalized in just 185.822377 milliseconds. Also, Changpeng Zhao advocates storing crypto on reputable exchanges while Jesse Powell advises his followers to store crypto on hardware wallets. Lastly, Eric Wall proposes targeting children to spread crypto adoption. Also Read: Jason Cox Extends Open…
The Daily: New Platform to Offer Tokenized Securities, Ledgerx Launches Volatility Index NewIn today’s edition of The Daily, we cover a number of stories that are of importance to cryptocurrency traders. A new trading platform is set to offer tokenized securities, Ledgerx releases a volatility benchmark based on U.S. BTC options, and the police investigate an exchange that suffered a significant security breach. Also Read: Bitwise Asset…
Binance Freezes ‘Some of the Funds’ Stolen in Cryptopia Hack NewSome of the stolen cryptocurrency from yesterday’s Cryptopia hack has been sent to Binance, which has confirmed already freezing some of the funds. Binance Freezing Funds Stolen from Cryptopia Twitter account @ShaftedTangu has alleged that some funds stolen as a result of Cryptopia’s hack have been siphoned through Binance. The amounts sent to Binance in question…
South Africa to Start Tracking All Cryptocurrency Transactions in 2019 NewOwning bitcoin in South Africa just got a little harder, or at least it will do by the end of quarter one this year. According to a consultation paper published yesterday by the South African Reserve Bank (SARB), some hefty new regulation surrounding and exchanges and ATMs is about to be enforced. South African Regulators…
ICOs Raked in $13 Billion Despite 90% ETH Price Drop, New Research Finds NewICOs made almost $13 billion in profits from their token sales despite the 2018 cryptocurrency bear market, new research from BitMEX reveals. BitMEX: ICO Issuers ‘Gave Themselves $24 Billion’ Published January 16, the third instalment of the trading platform’s dedicated series on ICO statistics also suggests ICO teams “gave to themselves” tokens worth over $24…
Bitcoin Price Analysis: Bulls Too Confident, Too Soon NewAfter the sharp decline for Bitcoin price yesterday retesting the low $3,500s we take a closer look at whats going on with the market. Bitcoin Price: 4-Hour Bitcoin Chart Bitcoin price has failed to regain the critical $3750 point of control so far this week and is still consolidating under it after being rejected by…
Kraken CEO Warns: Don’t Keep More Coins Than Needed on Exchanges NewBinance and Kraken CEOs weighed in on industry best practices for storing cryptocurrency in the wake of Cryptopia getting hacked. The question remains, which means of storage has the least risk exposure? CZ Sees Three For Binance CEO, Changpeng ‘CZ’ Zhao, users have three options; self-storage, on exchanges, or using decentralized exchanges (DEX). Yesterday, CZ…
Bitcoin Too Risky? US Lottery Ticket Sales Exceed Entire BTC Market Cap NewEvery year, US citizens spend north of $70 billion on state lottery tickets. That’s almost $8 billion more than the entire market cap of Bitcoin. And more than half of the entire crypto market as a whole. US Citizens Spend Billions on Lottery Tickets Comparison is a great way of putting things in context. Lose…
Satoshi’s Vision ‘Not a New VISA’ But An Alternative to Banks, Says Dan HeldBitcoin creator Satoshi Nakamoto wanted it to be an “alternative to banks,” not a “new VISA,” cryptocurrency veteran and former Blockchain executive Dan Held has said. What’s In A ‘Vision’? In a series of tweets January 14, Held became the latest well-known figure to take issue with pundits who claim Bitcoin’s intended purpose is primarily…
Crypto Market: First Signs of Weakness (Bitcoin Price Analysis) NewFrom yesterday’s open at around $123,7B, the evaluation of the cryptocurrency market cap has been decreasing and has reached $120,244,000,00 at its lowest point yesterday. Since, the evaluation has started recovering and is now close to the yesterday’s opening levels […] The post Crypto Market: First Signs of Weakness (Bitcoin Price Analysis) appeared first on…
Integrating Network-Layer Privacy Protections With Cryptocurrencies NewSome of the emerging methods for deanonymizing users of cryptocurrencies stem from mapping network traffic to unveil IP addresses and making connections between identities. Privacy concerns around network-layer tracking by government surveillance programs and other avenues for unveiling identities across […] The post Integrating Network-Layer Privacy Protections With Cryptocurrencies appeared first on Blockonomi.
What is Grin Coin & MimbleWimble? Complete Beginner’s Guide NewGrin is an upcoming cryptocurrency project focused on privacy, scalability, and fungibility that is built by implementing a MimbleWimble blockchain with some various optimizations. MimbleWimble is a fascinating stripped down blockchain protocol proposed by Tom Elvis Jedusor in July 2016 […] The post What is Grin Coin & MimbleWimble? Complete Beginner’s Guide appeared first on…
Smoke Loader: Crypto Mining Malware Remains a Very Serious Threat NewHow is it that something can remain a threat for so long? In the case of cryptocurrency mining malware, the issue is once again being labeled the primary threat to crypto expansion by Check Point, a leading cybersecurity company, who […] The post Smoke Loader: Crypto Mining Malware Remains a Very Serious Threat appeared first…
Helping Venezuela: How Does Cryptocurrency Fall into the Equation? NewVenezuela has been in a disastrous state for several years. The country has fallen victim to mass inflation after its native currency, the bolivar, was deemed relatively worthless by the nation’s leading financial authorities. As a result, the prices of […] The post Helping Venezuela: How Does Cryptocurrency Fall into the Equation? appeared first on…
Beginner’s Guide to Binance: Complete Review NewAt this time, the digital currency exchange market is filled with a wide variety of choices, therefore choosing the right exchange or trading platform can be quite a headache for both novice and veteran cryptocurrency users. Binance is a popular […] The post Beginner’s Guide to Binance: Complete Review appeared first on Blockonomi.
Bitmain Technologies Closes Down its Texas Base NewFacing what is now an uncertain future, China-based Bitmain Technologies, once the largest manufacturer of crypto mining hardware is closing down yet another office. Per reports from Texas Public Radio, Bitmain is closing its cryptocurrency mining facility and data center […] The post Bitmain Technologies Closes Down its Texas Base appeared first on Blockonomi.
Binance Freezes Hacked Cryptopia Funds, Raises Questions Around Cryptocurrency Fungibility NewPart of the funds from the Cryptopia hack were recently sent to the Binance cryptocurrency exchange. In response, Changpeng Zhao (CZ), the CEO of Binance froze the funds, raising questions around cryptocurrency’s anonymity and fungibility. Cryptopia is a tiny exchange with a daily trading volume averaging around $2 million. The exchange was hacked on the…
Denmark Gains Access to Sensitive User Data on Domestic Cryptocurrency Exchanges for Taxation NewThe battle between tax authorities and cryptocurrency users took a turn in favor of the tax collectors. This month, Denmark’s tax authority won permission to start collecting private user information related to cryptocurrency trading. Denmark’s tax authority will now have access to sensitive information from three unnamed exchanges dating from 2016 and 2018, including names, addresses,…
Stable Coins: Are They All Hype? NewWith cryptocurrency’s inherent uncertainty, users are searching for something that could bring back much-needed stability and mitigate price fluctuations. In the search, one concept continues to gain traction: stable coins. These are undoubtedly tough times for cryptocurrency investors. Digital monies have always been volatile investments, and it is certainly a continuing trend. More than 40…
Bakkt Acquires Established Futures Brokerage to Strengthen Bitcoin Offering NewComing Bitcoin futures exchange Bakkt announced Monday the acquisition of an independent futures commission merchant for an undisclosed amount. The move aims to augment Bakkt’s services for institutional investments in cryptocurrency assets. On the back of a $182 million capital raise, Bakkt’s relentless work in developing a trusted brokerage for cryptocurrencies is unfolding. The firm…
Cryptopia Suffers Catastrophic Hack, Evidence Suggests $2.5 Million Ethereum Stolen NewNew Zealand-based Cryptopia is the first cryptocurrency exchange to get hacked in 2019. Estimates of the damage range between $2.5 to $3.5 million; The attack was confirmed in the late hours of Jan. 13th after the company announced emergency “maintenance.” Cryptopia is a tiny exchange with daily trading volume averaging approximately $2 million. The evening of…
Ethereum Constantinople Fork Delayed After Detecting Introduced Smart Contract VulnerabilitiesA security firm identified a vulnerability introduced by the planned Jan. 16th Constantinople hard fork, compelling the core Ethereum developers to issue an emergency postponement. On Jan. 15th, 2019, ChainSecurity—a smart contract auditing and security firm—detected a vulnerability introduced by the Constantinople hard fork upgrade. The vulnerability would allow funds to be stolen from smart…
Gemini’s Winklevoss Twins Believe Bitcoin’s Future Lies in RegulationBitcoin evangelists and Gemini founders Tyler and Cameron Winklevoss believe cryptocurrency has a “bright future,” given banking-style regulations are applied to the burgeoning sector. In an interview with Fortune on Jan. 13, the Winklevoss twins noted the current market conditions of the cryptocurrency space are impeding growth for the industry’s development. The twins are notable…
Majority of Bitcoin Investors Not Deducting 2018 Losses from Taxes, Claims Recent Report NewIt’s no secret that many relatively new investors in the cryptocurrency markets have seen massive monetary losses that have resulted from the persisting bear market that first began in late-2017 when Bitcoin began falling from its highs of nearly $20,000. The realized losses that resulted from this drop, however, are tax deductible in the United...…
Bitcoin Trades Flat as Crypto Markets Experience Mixed Trading Session NewBitcoin is currently trading sideways, which is leading the crypto markets to experience a mixed trading session following yesterday’s volatility. Ethereum is currently one of the worst performing altcoins as it has failed to post a strong recovery following yesterday’s drop that was caused by its highly-anticipated Constantinople hard fork being delayed. Although the crypto markets...…
Crypto Isn’t Criminal Money: Binance Blocks Funds From Hacked Exchange NewThis week, the popular crypto exchange Cryptopia suffered the first major security breach of 2019, resulting in “significant losses” of crypto assets the exchange had stored. Following the breach, social media users began tracking the movements of the stolen funds and alerted Binance CEO Changpeng Zhao that the funds had landed on Binance – the world’s...…
Ripple Price Analysis: XRP and xRapid Success Disprove Critics NewRipple price steady and bullish Brad Garlinghouse’s pride, xRapid gaining traction Transaction volumes thin as XRP consolidates inside Jan 14 high low Prices may be all over the place and consolidating inside Jan 14 bull bar but our last XRP/USD price analysis remain the same. As long as XRP prices trend above 30 cents, bulls...…
Ethereum Price Analysis: ETH Calm A Day After Constantinople Delay NewEthereum price steady Constantinople fails to take off, vulnerabilities discovered Trading volumes low, ETH/USD may consolidation Even though Constantinople is what Ethereum needs, this is the second time the upgrade has been put off. Luckily, ETH prices are steady against the USD. Before we recommend longs, ETH must first rally above Dec 2018 highs of...…
Bitcoin Price Analysis: BTC Unchanged as Volatility Taper NewBitcoin Price trading range tight Bulgaria’s NRA introduces a 10 percent tax on crypto profits Transaction volumes low as BTC/USD range within Jan 14 high-low Candlestick arrangement favors bulls. However, as the government opens up, we recommend patience until after Bitcoin prices rally above $4,500 in line with our last BTC/USD trade plan. Bitcoin Price...…
Malaysia to Jail Illegal ICO and Crypto Exchanges Operators for 10 Years NewRunning an unregistered crypto exchange or an initial coin offering (ICO) in Malaysia could land the operator in jail for a maximum of 10 years. $2.43 Million in Fines Securities Commission Malaysia (SC), the country’s top financial watchdog, has announced that it would categorize cryptocurrencies such as Bitcoin as securities. The commission confirmed in a press...…
- Blockchain Tech Firm Blockstream Launches Beta Version of Satellite API for Data BroadcastBlockstream has launched the Beta version of its Satellite API designed to broadcast encrypted data
- US: Bill Exempting Non-Custodial Crypto Services From Certain Laws Reintroduced to CongressA bill exempting companies providing non-custodial crypto services from certain state money transmitting laws has been resubmitted to the U.S. Congress
- Binance Freezes ‘Some of the Funds’ Stolen in Cryptopia HackSome of the stolen cryptocurrency from yesterday’s Cryptopia hack has been sent to Binance, which has confirmed already freezing some of the funds. Binance Freezing Funds Stolen from Cryptopia Twitter account @ShaftedTangu has alleged that some funds stolen as a result of Cryptopia’s hack have been siphoned through Binance. The amounts sent to Binance in question…
- IBM-Backed Blockchain Platform to Improve Supply Chain Management in Mining IndustryIBM’s new partnership is aimed at supply chain management in the mining and metals industry, looking to improve logistics, financing, and cost-saving
- Crypto Markets Experience Moderate Growth, Bitcoin Holds Above $3,600All of the top 20 coins by market cap are seeing green today, Jan. 17, except for stablecoins USDT and USDC
- Binance Freezes Hacked Cryptopia Funds, Raises Questions Around Cryptocurrency FungibilityPart of the funds from the Cryptopia hack were recently sent to the Binance cryptocurrency exchange. In response, Changpeng Zhao (CZ), the CEO of Binance froze the funds, raising questions around cryptocurrency’s anonymity and fungibility. Cryptopia is a tiny exchange with a daily trading volume averaging around $2 million. The exchange was hacked on the…
- Majority of Bitcoin Investors Not Deducting 2018 Losses from Taxes, Claims Recent ReportIt’s no secret that many relatively new investors in the cryptocurrency markets have seen massive monetary losses that have resulted from the persisting bear market that first began in late-2017 when Bitcoin began falling from its highs of nearly $20,000. The realized losses that resulted from this drop, however, are tax deductible in the United...…
3 Reasons to Use a Crypto Social Network NewBlockchain-based social media platforms will overtake all other forms of social media in the future. This concept applies to all sorts of things. You can replace the words “social media platforms” with whatever blockchain tech-based concept you like, and the statement will probably be true. The reasons are simple.The blockchain is decentralized. There is no…
Skycoin Hardware Store LaunchThe Skycoin Hardware Store has officially launched! Skyfleet members will now have direct access to Skycoin hardware available through our official Skycoin Store. While the amount of Skycoin Miners connected to the Skywire network continuously grows, the Skycoin team has decided to make a second batch of Official Skycoin Miners available during launch. As of now, Skyminers…
Grin Mining Launch Draws Interest From Deep-Pocketed Investors NewInvestment firms joined the fray in yesterday's launch of the privacy-focused cryptocurrency known as Grin.
‘Critical’ Vulnerability in Beam Wallet Could Have Put Funds At Risk, Devs Say After Fix NewThe "critical vulnerability" found by developers of the mimblewimble privacy coin Beam is said to have put user funds at possible risk of being stolen.
US Lawmaker Reintroduces Bill Seeking ‘Safe Harbor’ for Some Crypto Startups NewRep. Tom Emmer has re-introduced a bill hoping to provide crypto startups which do not store users' tokens exemptions from state-level money transmission laws.
New WordPress Publishing Platform Will Offer Blockchain Features NewWordPress is launching a news publishing platform backed by Google and ConsenSys, with blockchain tools on offer from Civil.
Bitwage Now Lets Firms Pay Salaried Staff in Crypto NewA new product from Bitwage makes it easier to handle payroll taxes when paying employees in bitcoin or ether.
New Zealand Police Keeping ‘Open Mind’ on Cryptopia Hack NewNew Zealand Police says the investigation into the hack of crypto exchange Cryptopia is complex and it's keeping an "open mind" on all possibilities.
Genesis, BitGo Team Up to Ease Crypto Trading for Institutions NewBitGo and Genesis Global Trading are targeting Wall Street institutions with a new high-speed crypto trading service.