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Downturn or Not, Bitcoin Has Still Outperformed Apple Since Last January

ccn | 12-15-2018

In January of last year, the U.S. stock market went through one of the largest bull markets in recent history, with technology stocks like Alphabet and Apple achieving record high numbers. Within the past two years, the stock price of Apple (AAPL) increased from $115 to $165, by 43.7 percent. Alphabet (GOOGL), the parent companyThe post Downturn or Not, Bitcoin Has Still Outperformed Apple Since Last January appeared first on CCN

Categories: BTC|Market|Trading|Business|Technology
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Blockchain is a ‘Systemic Risk’ for Financial Industry: DTCC Exec.

ccn | 12-15-2018

The Depository Trust & Clearing Corporation or DTCC issues a report every year on the stability of the global financial system and has done so every year since 2013. It describes this report in these terms: “[T]he DTCC Systemic Risk Barometer Survey serves as an annual pulse check to monitor existing and emerging risks thatThe post Blockchain is a ‘Systemic Risk’ for Financial Industry: DTCC Exec. appeared first on CCN

Categories: Blockchain
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PSA: If You Mine Ethereum, You’re a Target for Crypto Hackers

ccn | 12-15-2018

Hackers have devised a new way to steal your cryptocurrencies. This time, they are running a massive scanning campaign to pick out Ethereum wallets and miners with a specific vulnerability. Per reports on ZDNet, crypto hackers are targeting Etherum wallet and mining equipment going through devices with an exposed port 8545, the standard port for … ContinuedThe post PSA: If You Mine Ethereum, You’re a Target for Crypto Hackers appeared first on CCN

Categories: ETH|Mining
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Bitcoin Tax Confusion Has Accountants Turning to Specialized Software

ccn | 12-15-2018

Every time you convert Bitcoin to anything, be it goods or services, other cryptocurrencies, or even tax payments, it might be a taxable event, depending on your local regulations. It’s not something a lot of cryptonaughts think about when carrying out their daily lives, but potential penalties can be steep for tax evasion. Node40 isThe post Bitcoin Tax Confusion Has Accountants Turning to Specialized Software appeared first on CCN

Categories: Regulation|BTC|Technology
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How Givv Is Using AI, Blockchain and the Power of 1.5 Billion Computers to Save the World

ccn | 12-15-2018

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 mentionedThe post How Givv Is Using AI, Blockchain and the Power of 1.5 Billion Computers to Save the World appeared first on CCN

Categories: Blockchain|Sponsored
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Element Zero Unveils the Stablecoins 2.0 – The “Holy Grail” of Cryptocurrency

ccn | 12-15-2018

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 mentionedThe post Element Zero Unveils the Stablecoins 2.0 – The “Holy Grail” of Cryptocurrency appeared first on CCN

Categories: Sponsored
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No, the Price of Bitcoin Didn’t Drop Because of Bomb Threats

ccn | 12-15-2018

On Friday, as the Bitcoin price fell by around six percent against the U.S. dollar, several reports claimed that the dominant cryptocurrency dropped in value due to bomb threats. One report from Business Insider Australia, for instance, stated that following an email blast of bomb threats in New York, the price of the crypto assetThe post No, the Price of Bitcoin Didn’t Drop Because of Bomb Threats appeared first on CCN

Categories: BTC|Trading|Fiat|Business
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Augur House Elections Market: Alleged Reporter Says Republicans Won The Market

ccn | 12-15-2018

A person claiming to be the designated reporter for an Augur predictions market which asked the question “Which party will control the House after 2018 U.S. Midterm Election?” has posted to Reddit saying that he will be reporting that the Republicans control the house today. The market ends today, 12/10, and the Decmocrats, who wonThe post Augur House Elections Market: Alleged Reporter Says Republicans Won The Market appeared first on CCN

Categories: Market
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Canadian Police Warn Public About Emerging Bitcoin Scams

ccn | 12-15-2018

Canadian police have warned the public about getting caught up in Bitcoin scams and to exercise some caution when investing their money in cryptocurrency. It has been an interesting year for crypto scams and controversies with some of the most famous names in the world such as Floyd Mayweather and DJ Khaled getting caught upThe post Canadian Police Warn Public About Emerging Bitcoin Scams appeared first on CCN

Categories: BTC
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US Coinbase Customers Can Make Instant, Free Crypto-To-Cash Transfers to PayPal

ccn | 12-15-2018

Coinbase — the largest US-based cryptocurrency exchange — partnered with payments platform PayPal to enable instant, free crypto-to-cash withdrawals for US customers. This means customers can now move the crypto balances in their Coinbase accounts to their PayPal accounts immediately, at no charge. “These withdrawals are not only fast; they’re free and incur no fees,”The post US Coinbase Customers Can Make Instant, Free Crypto-To-Cash Transfers to PayPal appeared first on CCN

Categories: Exchange
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Bitcoin Bomb Threats Target Educational Institutions, Businesses and Govt. Buildings in US, Canada

ccn | 12-15-2018

Hundreds of government buildings, schools and businesses in the United States and Canada were on Thursday targets of extortionists who threatened to detonate explosives unless they were paid thousands of dollars in bitcoin. In most of the emailed bomb threats, the sender claimed that they had an associate who had planted an explosive device atThe post Bitcoin Bomb Threats Target Educational Institutions, Businesses and Govt. Buildings in US, Canada appeared first on CCN

Categories: BTC
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What Crypto Winter? It’s Perfectly Sunny for Luno with 40 New Jobs Open

ccn | 12-15-2018

Bitcoin tumbled to a 15-month low today. Ethereum has all-but petered out. Heavyweights like ConsenSys are laying off staff, and many ICO startups are running out of cash before launching their products. You have to admit, things don’t look particularly good from any angle. But while crypto investors are getting used to bracing before theyThe post What Crypto Winter? It’s Perfectly Sunny for Luno with 40 New Jobs Open appeared first on CCN

Categories: BTC|ETH|ICO|Business
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(+) Syscoin Makes Comeback Amid Downturn; 76% Spike Ahead of Project Rebrand

ccn | 12-15-2018

The post (+) Syscoin Makes Comeback Amid Downturn; 76% Spike Ahead of Project Rebrand appeared first on CCN

Categories: Other
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Crypto Market Risks Dip Below $100 Billion After Dropping $15 Billion in Bad Week

ccn | 12-15-2018

In the past seven days, the valuation of the crypto market has dropped from $117 billion to $102 billion, by just over $15 billion. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) performed poorly against the U.S. dollar, experiencing losses above the 10 percent mark. Out of the three most valuable crypto assetsThe post Crypto Market Risks Dip Below $100 Billion After Dropping $15 Billion in Bad Week appeared first on CCN

Categories: BTC|ETH|XRP|Market|Asia
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WORBLI Merges Traditional Banking With Blockchain as it Announces Commencement of Token Airdrop

ccn | 12-15-2018

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. Hailed as the next revolution, blockchain certainly has its merits. The technology is extremely adaptable, efficient, secure and low cost. However, when it comes to banking and financialThe post WORBLI Merges Traditional Banking With Blockchain as it Announces Commencement of Token Airdrop appeared first on CCN

Categories: Blockchain|ICO|Technology|Sponsored
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Digital Assets Management Platform, Membrana.io, Announces Token Sale

ccn | 12-15-2018

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. Membrana, the blockchain platform for digital asset management, has announced the start of its highly anticipated public Token Generation Event (TGE). The event seeks to put the powerThe post Digital Assets Management Platform, Membrana.io, Announces Token Sale appeared first on CCN

Categories: ICO|Blockchain|Sponsored
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Russian Data Center Redstone Aims to become the Home of Crypto Miners – and Will Start Operations in June 2019

ccn | 12-15-2018

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. Data centers and cryptocurrency mining facilities are similar in many ways. They both require a lot of areas, high tech equipment and are in constant need of supervisionThe post Russian Data Center Redstone Aims to become the Home of Crypto Miners – and Will Start Operations in June 2019 appeared first on CCN

Categories: Mining|Technology|Sponsored
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Crypto VC Funding Deals are Falling Apart Due to Bear Market — Bad Time For Startups

ccn | 12-15-2018

According to Barry Silbert, the founder and CEO of Digital Currency Group (DCG), many venture capital funding deals in the crypto sector have fallen apart in the past few months as a result of the 12-month bear market. Silbert, who oversees the operations of one of the largest venture capital firms in crypto with investmentsThe post Crypto VC Funding Deals are Falling Apart Due to Bear Market — Bad Time For Startups appeared first on CCN

Categories: Market|Trading
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Bitcoin Price Driven More by Speculation Than Utility: BitPay CEO

ccn | 12-15-2018

BitPay CEO Stephen Pair has stated that speculation drives a substantial part of bitcoin’s current valuation, while the actual use of the crypto market leader as a currency is responsible for only a relatively small fraction of its price. Speaking on CNBC’s Squawk Box, Pair revealed that BitPay intends to change this situation significantly overThe post Bitcoin Price Driven More by Speculation Than Utility: BitPay CEO appeared first on CCN

Categories: Trading|BTC|Market
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Tron DApp Usage Jumps 48% — More Than 1 Million Transactions Last Week

ccn | 12-15-2018

The TRON Foundation launched its TRC20 exchange this week. It is a place for people to exchange tokens issued on the TRON platform. The TRC20 exchange is located at TRX.market. The TRC10 token exchange is still on Tronscan, the primary block explorer and information service for the Tron ecosystem. TRC20 and TRC10 tokens can beThe post Tron DApp Usage Jumps 48% — More Than 1 Million Transactions Last Week appeared first on CCN

Categories: Exchange|ICO|ETH
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AT&T Wants to Create a Blockchain ‘Map’ of Your Social Media History

ccn | 12-14-2018

Telecom giant AT&T has filed a blockchain-oriented patent application to “map” social media histories. Titled “Blockchain-Based Social Media History Maps,” and published on Thursday, it describes a system of tracking social media history “on behalf of” subscribers. Presumably, such a service would be most useful to employers and prospective employers. AT&T Eyes Blockchain for SocialThe post AT&T Wants to Create a Blockchain ‘Map’ of Your Social Media History appeared first on CCN

Categories: Blockchain
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Cameroon Separatists Create Cryptocurrency Called AmbaCoin

ccn | 12-14-2018

A separatist government in Cameroon’s semi-autonomous English-speaking southern region of Ambazonia has announced the launch of a new sovereign cryptocurrency called AmbaCoin (AMBA). Operating on the ERC-20 standard, AmbaCoin is being touted as the official currency of the “Federal Republic of Ambazonia,” the currently unrecognised country that separatists are pushing to actualise. QZ Africa reportsThe post Cameroon Separatists Create Cryptocurrency Called AmbaCoin appeared first on CCN

Categories: Other
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Billion-Dollar Crypto Fund Says 25% of ICOs in its Fund Could be Securities

ccn | 12-14-2018

In a newsletter to clients sent on Thursday, Pantera Capital CEO Dan Morehead revealed that one in four initial coin offering (ICO) projects the firm has invested in could be considered as securities under U.S. regulations. Morehead wrote: “While we believe the vast majority of the projects in our portfolio should not be affected, approximatelyThe post Billion-Dollar Crypto Fund Says 25% of ICOs in its Fund Could be Securities appeared first on CCN

Categories: ICO|Regulation
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Bitcoin Price Will Soar over Next Three Years: Circle CEO Jeremy Allaire

ccn | 12-14-2018

The bitcoin price will rocket over the next three years, and cryptocurrency valuations will spike accordingly, says Jeremy Allaire, the co-founder and CEO of Circle, a peer-to-peer payments technology company backed by Goldman Sachs. While Allaire was reticent to set a specific bitcoin price target, he predicts that its value will unquestionably be a lot higher inThe post Bitcoin Price Will Soar over Next Three Years: Circle CEO Jeremy Allaire appeared first on CCN

Categories: BTC|Trading|Technology
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Robinhood Didn’t Consult Regulators on New Checking & Savings Account Products

ccn | 12-14-2018

Robinhood, the crypto-friendly stock trading application, recently launched a plan to offer checking and savings accounts. The accounts have a minimum 3% interest. It is part of their plan to become the world’s most used financial technology application. Co-CEO Baiju Bhatt said to CNBC at the time of the announcement: “If we roll this productThe post Robinhood Didn’t Consult Regulators on New Checking & Savings Account Products appeared first on CCN

Categories: Trading|Technology|Business
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Bahrain Central Bank Publishes Draft Cryptocurrency Regulations

ccn | 12-14-2018

The central bank of Bahrain has kicked off a consultative process on cryptocurrency platforms in the kingdom by publishing the relevant draft regulations. According to the Bahrain News Agency, the draft rules — which target the operations of crypto-asset platforms — aim to provide a regulatory framework for the supervision and licensing of these services.The post Bahrain Central Bank Publishes Draft Cryptocurrency Regulations appeared first on CCN

Categories: Fiat|Regulation
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Binance Adds USDC Trading Pairs – Stellar and Ripple Represented

ccn | 12-14-2018

Binance announced Friday that it would be adding a few new USD Coin pairs and moving its two existing USDC pairs into the combined stablecoin market called USDⓈ. Both ripple (XRP) and stellar (XLM) will have USD Coin pairs, in addition to their existing stablecoin pairs. The move involves the cancelling of any trades thatThe post Binance Adds USDC Trading Pairs – Stellar and Ripple Represented appeared first on CCN

Categories: XRP|Exchange|Trading|Market
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Bitcoin Cash Price Continues to Crater as Fork Aftertaste Lingers

ccn | 12-14-2018

Around this time last year, many retail crypto investors subscribed to the economic theory that cryptocurrency hard forks — the ones that result in irreversible network splits and create new blockchains — were a net positive for their portfolios. “How could they not be?” they asked. “It’s free money!” Indeed, at that point, the twoThe post Bitcoin Cash Price Continues to Crater as Fork Aftertaste Lingers appeared first on CCN

Categories: BTC|Trading|Business
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eToro Launches #WelcomeToTheClub Premier League UK Campaign

ccn | 12-14-2018

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 mentionedThe post eToro Launches #WelcomeToTheClub Premier League UK Campaign appeared first on CCN

Categories: Sponsored
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Newsflash: Bitcoin Price Slinks Below $3,175 for First Time in 2018

ccn | 12-14-2018

In what is becoming a disturbingly common occurrence, the bitcoin price on Friday set yet another fresh yearly low, slinking below the $3,200 mark for the first time in 2018. The flagship cryptocurrency’s move below $3,200 came shortly after 16:10 UTC, following an unsuccessful breakout attempt earlier in the week. As of the time ofThe post Newsflash: Bitcoin Price Slinks Below $3,175 for First Time in 2018 appeared first on CCN

Categories: BTC|Trading
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BitMart Launches International Blockchain Incubation Platform BitMart Labs

ccn | 12-14-2018

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 mentionedThe post BitMart Launches International Blockchain Incubation Platform BitMart Labs appeared first on CCN

Categories: Blockchain|Sponsored
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Porsche Arranges $170m Loan Using BBVA’s Blockchain Platform

ccn | 12-14-2018

Prestige car-maker Porsche has arranged a loan to back its proposed strategic acquisitions using Spanish-bank BBVA’s ever-developing distributed ledger technology (DLT) platform. The loan, valued at €150 million (the equivalent of nearly $170 million USD) is, says a press release from BBVA: “The first acquisition term loan ever arranged through blockchain technology.” Acquisition term loansThe post Porsche Arranges $170m Loan Using BBVA’s Blockchain Platform appeared first on CCN

Categories: Blockchain|ETH|XRP|Technology|Wallet
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(+) Ripple Update: Bulls Poised to End Bear Market

ccn | 12-14-2018

The post (+) Ripple Update: Bulls Poised to End Bear Market appeared first on CCN

Categories: XRP|Market|Trading
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While Several VCs Exit, Binance Expands Crypto Incubator to 5 Regions

ccn | 12-14-2018

Many venture capital firms have broken deals with companies in the crypto sector over the past several months. Barry Silbert, the founder and CEO of Digital Currency Group, a major cryptocurrency-focused venture capital firm that has invested in large-scale cryptocurrency businesses in the likes of Coinbase, bitFlyer, and Blockchain, has said that amidst falling cryptoThe post While Several VCs Exit, Binance Expands Crypto Incubator to 5 Regions appeared first on CCN

Categories: Exchange|Blockchain
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XYO Network Partners With Esri For Blockchain Enabled Geographic Information System

ccn | 12-14-2018

XYO Network, a blockchain-based geographic information system (GIS) with an Ethereum token and its own blockchain network, announced today a partnership with Esri, one of the world’s oldest and largest GIS systems and mapmakers, a company founded in 1969. The partnership came about when XYO hired a former Esri employee and the partnership became anThe post XYO Network Partners With Esri For Blockchain Enabled Geographic Information System appeared first on CCN

Categories: Blockchain|ETH|ICO
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VanEck Crypto Chief: Allianz Should ‘Shut the F*** up’ about Bitcoin

ccn | 12-14-2018

VanEck CEO Gabor Gurbacs has reacted furiously to a pronouncement by Allianz CEO Andreas Utermann calling for cryptocurrency to be outlawed. In a now deleted thread on his Twitter account, Gurbacs called out insurance giant Allianz for its treatment of his mother when she needed to make a claim following a serious car accident. Inferring thatThe post VanEck Crypto Chief: Allianz Should ‘Shut the F*** up’ about Bitcoin appeared first on CCN

Categories: BTC
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Blockchain Development Is Linkedin’s Biggest Growing Job Sector

ccn | 12-14-2018

Today, Microsoft-owned LinkedIn released its top 5 emerging careers, where it listed  “Blockchain Developer” as its biggest growing job sector for 2018. According to LinkedIn’s 2018 U.S. Emerging Jobs Report, job listings for engineers who can develop distributed ledgers with P2P technology have grown 33 times this year. In the second place, and by quiteThe post Blockchain Development Is Linkedin’s Biggest Growing Job Sector appeared first on CCN

Categories: Blockchain|Technology
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Pay up or Else: Bitcoin Bomb Threat Emails Show up in New Zealand and Australia

ccn | 12-14-2018

Investigations are underway in Australia and New Zealand following reports of bomb threats where the sender is demanding a payment in bitcoin failure to which they will detonate an explosive device. The emails are believed to be similar to the ones that had earlier been received by various institutions and facilities in the United StatesThe post Pay up or Else: Bitcoin Bomb Threat Emails Show up in New Zealand and Australia appeared first on CCN

Categories: BTC
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Dallas Crypto Startup Ordered to Repay Investors $2.7 Million on Defrauding Charges

ccn | 12-14-2018

The Dallas-based crypto startup AriseBank has been ordered to repay investors to the tune of $2.7 million to fix allegations that the firm was defrauding their investors. Authorities have finally put an end to the ongoing AriseBank saga that has been hanging over the heads of the startup’s founders Stanley Ford and Jared Rice forThe post Dallas Crypto Startup Ordered to Repay Investors $2.7 Million on Defrauding Charges appeared first on CCN

Categories: Business|Regulation|ICO
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PayPal Gets into Blockchain, But Only Internally Among Employees for Now

ccn | 12-14-2018

Payments platform PayPal has so far avoided Bitcoin acceptance and, at least visibly, not considered blockchain for its platform. Now, it has launched an internal blockchain-based employee incentive program. A production of PayPal’s innovation lab, in San Jose, California, the platform took 25 strong team six-months to build and went live this November, according toThe post PayPal Gets into Blockchain, But Only Internally Among Employees for Now appeared first on CCN

Categories: Blockchain|BTC
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Russian Deputy PM: Crypto Downturn Justifies Caution in Enforcing Regulation

ccn | 12-14-2018

The Deputy Prime Minister of Russia, Maxim Akimov believes the current downturn in the market justifies caution in enforcing cryptocurrency regulation, Russian Finmarket reports. This statement comes after Mr. Akimov announced that the authors of Russia’s current daft cryptocurrency legislation to make amendments to the bill. The bills “On Digital Financial Assets”- which was adoptedThe post Russian Deputy PM: Crypto Downturn Justifies Caution in Enforcing Regulation appeared first on CCN

Categories: Regulation|Market
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Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’: Report

ccn | 12-14-2018

The government of Venezuela has reportedly started converting pensioners’ monthly payments from the country’s fiat currency, the bolivar, to its oil-backed cryptocurrency Petro, without giving them a choice. According to the Caracas Chronicles, a politics and economics-focused website based in Venezuela, the country’s pensioners are notified every time their monthly payments arrive, but this timeThe post Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’: Report appeared first on CCN

Categories: Fiat|Commodity
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Bitcoin Price Drops to New Yearly Low at $3,200: What’s Causing the Decline?

ccn | 12-14-2018

On December 14, following a fairly large sell-off from the $3,400 region, the Bitcoin price dropped to a new yearly low at $3,200. As Bitcoin (BTC) declined in value, other major cryptocurrencies including Ethereum (ETH), Stellar (XLM), and Bitcoin Cash (BCH) experienced large losses against the U.S. dollar, with BCH falling by more than 11The post Bitcoin Price Drops to New Yearly Low at $3,200: What’s Causing the Decline? appeared first on CCN

Categories: BTC|ETH|Trading|Fiat
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South Korean Tech Giant Kakao Invests in Blockchain Project Orbs

ccn | 12-14-2018

Israeli hybrid blockchain platform Orbs has announced that it is entering an investment partnership with the venture arm of South Korean internet group Kakao. Created to serve as a pioneering public blockchain system offering unprecedented flexibility and utility, Orbs permits business dApp developers to deploy over a highly secure and liquid network that comes with … ContinuedThe post South Korean Tech Giant Kakao Invests in Blockchain Project Orbs appeared first on CCN

Categories: Blockchain|Technology|ICO|Business
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SoftBank May Sell Nvidia Shares — But Not Because of Crypto Downturn

ccn | 12-14-2018

Nvidia’s share price has fallen 48 percent since October. Now, rumors have surfaced that SoftBank plans to sell its 4.9 percent share in the leading graphics chip maker. Bloomberg reporting has cited anonymous sources who allege that SoftBank, which through its Vision Fund acquired around $3 billion in Nvidia shares in 2017, could sell allThe post SoftBank May Sell Nvidia Shares — But Not Because of Crypto Downturn appeared first on CCN

Categories: Mining|Trading
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UCLA Launches First Accredited Blockchain Engineering Course

ccn | 12-14-2018

Blockchain courses are being adopted by more institutions as a way of teaching and equipping the next generation of crypto engineers to meet the ever-increasing demand for the technology and its applications. Now, the University of California, Los Angeles (UCLA) is gearing up to offer its first blockchain engineering course, thanks to a sizable donation from … ContinuedThe post UCLA Launches First Accredited Blockchain Engineering Course appeared first on CCN

Categories: Blockchain|Technology
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German Stock Exchange Giant to Launch Crypto Trading — How it Will Affect the European Market

ccn | 12-14-2018

On December 12, Boerse Stuttgart, the second-biggest stock exchange in Germany and the ninth-largest in Europe, said in an official statement that it plans to introduce a crypto trading platform by the second quarter of 2019. Alexander Höptner, the CEO of Boerse Stuttgart GmbH, stated: “With its combination of technology and banking expertise, solarisBank isThe post German Stock Exchange Giant to Launch Crypto Trading — How it Will Affect the European Market appeared first on CCN

Categories: Trading|Exchange|Business|Market|Technology
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Bitcoin’s Fair Market Price is $14,800, Says Cryptocurrency Bull Tom Lee

ccn | 12-14-2018

Cryptocurrency bull Tom Lee says bitcoin’s dismal price of roughly $3,400 is wrong because its actual fair market value is $13,800 to $14,800. The Fundstrat founder said he made the assessment by considering the number of active wallet addresses, usage per account, and supply metrics. “Fair value is significantly higher than the current price of Bitcoin,” he wroteThe post Bitcoin’s Fair Market Price is $14,800, Says Cryptocurrency Bull Tom Lee appeared first on CCN

Categories: Trading|Market|BTC
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Pro-Crypto Fintechs Robinhood & Revolut Aim to Replace Bitcoin-Hostile Banks

ccn | 12-13-2018

Earlier today, two of the world’s hottest fintech startups, the US-based Robinhood and the UK-headquartered Revolut, separately announced new product offerings that could greatly benefit the crypto industry over the long-term and put pressure on bitcoin-hostile banks to begin modernizing their service lines. Bitcoin-Friendly Fintech Startups Want to Replace Banks Revolut, which recently achieved aThe post Pro-Crypto Fintechs Robinhood & Revolut Aim to Replace Bitcoin-Hostile Banks appeared first on CCN

Categories: Other
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Crypto Protocol Wanchain Integrates MakerDAO’s Dai Stablecoin

ccn | 12-13-2018

For a particular set of crypto users, the need for centralized exchanges is one of the biggest stumbling blocks on the road to a completely decentralized future. Not everyone is going to prefer to use Bitcoin, and not everyone is going to prefer to use Ethereum. Indeed, not everyone is going to prefer any cryptocurrency.The post Crypto Protocol Wanchain Integrates MakerDAO’s Dai Stablecoin appeared first on CCN

Categories: Blockchain|BTC|ETH