Dow Caves Because the Trade War Forecast Suddenly Appears Dark

The Dow, S&P 500, and Nasdaq suffered moderate declines on Wednesday. Reports…

The post Dow Caves Because the Trade War Forecast Suddenly Appears Dark appeared first on CCN.com

94 +

Tether USDt Volume On Ethereum’s Network Surpasses $100 Billion, Up 6000% In 2019

Tether appears to be gaining traction on the Ethereum network, increasing in velocity as new flows occur between exchanges. The USDT total supply has been the same, but recent reports show that their transfer volumes have just passed $100 billion, which has never happened before.

220 +

Can T-Mobile Hype Man John Legere Rescue WeWork?

WeWork needs a new CEO to replace disgraced co-founder Adam Neumann. They are reportedly turning to T-Mobile CEO John Legere. This isn’t as crazy as it may sound. WeWork’s Adam Neumann is out of the picture.

143 +

Luno Crypto Exchange to Resume Activities in Singapore After Two-Year Hiatus

The cryptocurrency industry has gone through its fair share of troubles through the years, including an exchange called Luno. Luno moved out of Singapore and into London in 2017, stopping their services for the former at the same time.

191 +

North Korea-linked hackers revive cryptocurrency scam to hijack macOS

Security researchers have reportedly uncovered another attack from a North Korea-linked hacking group. But on closer inspection it seems to be nothing more than a rehash of the group’s previous exploits.

161 +

Bithumb Acquisition Deal Appears To Be ‘Off’

An acquisition deal for South Korean crypto exchange Bithumb is widely expected to fall through, local media reports

177 +

LEO Whale Moves $5.5M to Bitfinex: Is a Dump Impending?

A huge number of the Bitfinex exchange token LEO appears to have arrived at the controversial trading venue earlier today. In separate transactions, two wallets transferred more than $5. 5 million worth of the Ethereum-based token to the platform.

244 +

Bitcoin Hash Rate Reaches A New High After Surpassing 102 Quintillion Setting A New Network Milestone

Bitcoin network appears to be growing strong day by day. The latest reports show that Bitcoin network’s hash rate has reached a new high surpassing 102 quintillion hashes and setting a new record. Reliable data from monitoring platform Blockchain revealed on Wednesday that Bitcoin’s hash rate has reached a new high of 102.8 quintillion hashes. […]

215 +

South Korean Blockchain Industry in Danger of Decline

The blockchain industry in South Korea is reportedly facing a difficult period reports local media platform The Block Post. While the struggles of cryptocurrency exchanges in the country isn’t exactly news, it appears that other crypto-businesses are also experiencing similar problems sparking fears of a slowdown in South Korea’s digital economy advancement.

225 +

CNN: Trump Lied to Pump the Flailing Stock Market

It appears that stock market investors might not be the only ones feeling the heat from the US-China trade war. In a bombshell leak from Donald Trump’s private aides, CNN confirms the rumor that President Trump lied about the phone call with China to pump flailing US stocks.

164 +

Microsoft, Sony, and Nintendo join forces against lootboxes

The three big console makers have just pledged to put an end to the “gambling” aspect of lootboxes, meaning the gaming industry might finally put this whole shady moneymaking operation behind us — and not a moment too soon.

164 +

Yet another reason to dislike Tether: 300 addresses hold 80% of the ‘stablecoin’

Infamous stablecoin and pseudo currency Tether (USDT) doesn’t exactly have the cleanest of rap sheets, and if you needed another reason not to trust it, keep reading. According to recent findings from cryptocurrency researchers at Coin Metrics, around 300 entities hold about 80 percent of the Tether currently in circulation, Bloomberg reports.

188 +

FBI suspects tea company that ‘pivoted’ to blockchain of insider trading

Long Island Tea Corp was one of those companies that randomly added the word “blockchain” to the name of their business to seem cool (and maybe bump up its stock) – but it appears its name change may be more sinister than first thought.

177 +

Google confirms Search results are broken for ‘some’ Android users

No, you’re not the only one: a bunch of Android users are complaining they’re unable to load Google Search results in full on their phones. Numerous reports claim Search result pages aren’t completely rendering, randomly leaving a “white wall” at the bottom.

190 +

Officially Unofficial: Samsung Coin is Being Trademarked, Only Not by Samsung

According to some filed reports in South Korea, someone appears to be attempting to capitalize on the distinct lack of solid trademark in place for virtual currencies. Specifically, we're seeing this with someone looking to nab the trademark for ‘Samsung Coin' right underneath the nose of Samsung, especially with its new turn towards blockchain technology. […]

140 +

Bitmain lost $150,000 because it mined an invalid Bitcoin block

Bitmain-owned mining pool Antpool appears to have squandered at least $150,000 worth of Bitcoin mining rewards, reports BitMEX Research, the analytic arm of cryptocurrency exchange BitMEX. At 14:35 UTC, June 10, the Bitcoin network rejected a block after it had been mined, which effectively cancelled the 12.

231 +

India bank manager arrested in cryptocurrency Ponzi scheme crackdown

The allure of fast profits from cryptocurrency appears to have been too great for one bank manager in India. The manager of a Standard Chartered branch, a private bank in India, has been arrested for running a cryptocurrency scam in which he promised unrealistic returns on a digital coin, Business Standard reports.

200 +

CCN Casts Doubt on Shutdown Plans as Google Appears to Correct Visibility

After Monday’s announcement of a shutdown, crypto media outlet CCN reports that they are reconsidering after receiving more Google visibility from their previous domain name

179 +

Hackers hid malware in a fake trading app to steal your cryptocurrency

Security researchers have uncovered a knock-off cryptocurrency trading website designed to steal the funds of unwitting victims. Cybercriminals have created a website that imitates the Cryptohopper cryptocurrency trading platform to distribute malware that could steal personal information, hijack your clipboard, and crypto-jack your system, Bleeping Computer reports.

226 +

Baltimore didn’t pay Bitcoin ransom so hackers leaked sensitive data on Twitter

Officials investigating the Bitcoin-fueled ransomware attack that hit Baltimore City last month believe the hackers have leaked government documents on Twitter. A Twitter account claiming to be owned by the hackers appears to have been used to leak the sensitive documents, The Baltimore Sun reports.

224 +

IRS Set to Introduce Clear-cut Cryptocurrency Tax Rules

The IRS appears to have listened to concerns raised by various parties concerning clear cryptocurrency guidelines. As Coincenter reports, the tax administrator responded to a letter by a bi-partisan group of the U.

207 +

Fidelity Set to Roll Out Bitcoin Trading ‘Over the Coming Weeks’

In addition to launching a custody service, Fidelity Investments appears set to debut Bitcoin (BTC) trading for institutional clients. The news comes amid reports of Ameritrade and E-Trade quietly testing BTC trading on their respective platforms.

181 +

Delphi Digital's Latest Report Says Bitcoin’s Market Cycle Is Right on Track

Delphi Digital has returned with another installment of its unspent transaction output (UTXO) reports. Recalling its report from January of this year, the research firm says bitcoin’s market cycle is right on track.

427 +

The Microsoft Outlook hackers are stealing victims’ Bitcoin

Earlier this month, hackers accessed the emails of numerous Microsoft Outlook users after snatching the credentials of one of the company’s customer support reps. But now it turns out the hackers were also able to steal users’ cryptocurrency.

148 +

Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

859 +

It Looks as if Another Darknet Market Era Is Coming to an End

Major darknet markets come and go in eras, so it seems, and the current one may be ending. Two of the biggest digital black markets seem to be disappearing, both at the same time.

402 +

A Putin-opposing politician has raised more than $3M in Bitcoin

Despite a recent survey showing that most Russians actually know very little about Bitcoin and cryptocurrency, it appears that one politician is a little more au fait with the technology. The man who is thought to be Vladimir Putin‘s main opponent, Alexei Navalny, has received over $3 million (591 BTC) worth of donations in Bitcoin over the last three years, CoinDesk reports.

169 +

YouTube’s plan to reward ‘quality’ content has some problems

After a turbulent year, YouTube is allegedly doing some damage control with its advertisers. According to a report from Bloomberg, the company is looking for a way to reward constructive and quality content.

214 +

QuadrigaCX Starts Bankruptcy Proceedings

It’s been a long and winding road with many twists and turns for the beleaguered cryptocurrency exchange QuadrigaCX and its 115,000 former users who are owed roughly $190 million.

240 +

China Bitcoin Mining Ban Could Take Years to Implement

The reports of China looking to ban Bitcoin mining could take many years to implement. However, the proposed plan is further proof of Beijing’s anti-cryptocurrency stance as the country appears to eliminate all forms of crypto-related activities.

260 +

China takes top spot with 25% of world’s blockchain projects

China appears to be edging ahead as a world leader in blockchain technology. As of November last year, the country was leading the world with 263 active blockchain projects, China. rog. cn reports.

235 +

Binance Partners With IdentityMind for Enhanced Compliance and Security

Binance has partnered with Medici Ventures’ portfolio company IdentityMind, a risk management and regulatory-technology compliance platform, in a bid to enhance its fraud protection and compliance protocols.

344 +

Bitcoin-based Buzzworthy Bakkt Exchange Closes Funding Round, Resulting in $740 Million Valuation

Series A Funding Round Ends for Bakkt, Resulting in Over $700 Million Valuation The Intercontinental Exchange has yet to launch their new Bakkt platform. However, it was just a part of a Series A funding round.

196 +

Latest Study Shows a New ‘Illegal Profits’ Bug Affecting Augur Can’t be Fixed Without Major Update

As per reports circulating on the internet over the past couple of days, it appears as though decentralized betting protocol “Augur” is currently being affected by a bug that allows miscreants to procure illegitimate profits by using the platform’s gaming module.

146 +

QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust

Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys.

355 +

Even Super Bowl LIII isn’t Enough to Attract Massive Betting on Crypto Gambling Platform Augur

Super Bowl LIII happens today. One of the biggest sporting events of the year in the world, the game features the New England Patriots (for the 11th time) and the Los Angeles Rams, a franchise which recently moved to the City of Angels from St.

179 +

Cyprus Is Taking Blockchain Technology very Serious

There are many countries racing to attract blockchain startups, but Cyprus certainly appears to be a frontrunner, as it has the infrastructure and location to truly become a force in the cryptocurrency industry according to February 1, 2019, reports.

162 +

Startup: Google Blacklisting ‘Ethereum’ As Ad Keyword

Cryptocurrency, Ethereum (ETH)–It appears that cryptocurrency has not fully turned on the corner on last year’s combined ban by Facebook, Twitter and Google. According to reports by auditing startup Decenter, Google has allegedly blacklisted the term ‘ethereum’ for its advertising platform Google ads.

159 +

Instagram will now let you regram posts across all your accounts

TechCrunch reports that Instagram is finally introducing an official regram feature to its iOS app, so you can share the same post from multiple accounts that you run. That should make it easy for content creators looking to promote their work on their personal and brand accounts, as well as businesses with multiple profiles for different audiences.

195 +

Instagram now lets you easily share your posts across multiple accounts

TechCrunch reports that Instagram has introduced a handy new in its iOS app that lets you share the same post from multiple accounts that you run. That should make it easy for content creators looking to promote their work on their personal and brand accounts, as well as businesses with multiple profiles for different audiences.

146 +

India: Media Reports Central Bank Has Postponed ‘Crypto-Rupee’ Plans

The Indian central bank appears uncertain about aspects of digital currency, reportedly U-turning on plans to introduce a crypto-rupee

97 +

Opinion: ICOs Are Dead, Killed By Regulations

ICOs may have been the hottest thing in 2017 but, unlike the hundreds of amusing Bitcoin obituaries throughout the years, the process of issuing digital tokens to raise funds appears to be dead.   Stick a Fork in ICOs, They’re Done The UAE’s Securities and Commodities Authority is expected to unveil regulations for initial coin offering (ICOs) by mid-2019, reports The National.

161 +

Facebook Hires More PayPal Execs to Blockchain Division

Facebook appears to be one step closer to releasing a cryptocurrency-related product. The social media giant has reportedly hired several PayPal employees onto the blockchain division that it created this spring.

127 +

Bitmain forced to shut down Israel operations due to cryptocurrency bear market

It appears the downturn of the cryptocurrency market is having a ripple effect (pun intended) on the industry. Numerous blockchain businesses have been forced to close down or lay off staff to survive – and the latest one is Bitmain.

209 +

Cryptocurrency Faces Blanket Ban in India

India appears set to completely ban cryptocurrency operations within its borders, judging from the latest reports issued by government officials. Cryptocurrency Ban is Imminent On Tuesday (October 30), during a meeting of the Financial Stability and Development Council (FSDC), one of the agendas included digital currency.

164 +

South Korea: North Korea is still hacking our computers to mine cryptocurrency

According to South Korea’s intelligence service, North Korea is purportedly still hacking computers to mine cryptocurrency as a revenue stream for the country’s government, United Press International (UPI) reports.

160 +

Japan grants cryptocurrency industry self-regulatory status

Japan has been wrestling the cryptocurrency beast for some time and it looks like the country’s government has finally found a way to end the skirmish. The Japanese Financial Services Agency (FSA) has today given the green light to let the industry regulate itself.

162 +

Bitfinex Stops USD Deposits To Their Exchange

The popular digital currency exchange, Bitfinex has reportedly stopped its USD deposits to their exchange. This news comes after last weeks, several rumours that the exchange was broke which made management forced to step up and deny the rumours that they were not bankrupt.

351 +

Samsung A9 Pro’s 4 cameras may include telephoto, ultra-wide, and depth-sensing optics

I’ve long been clamoring for phones to embrace multiple cameras at various focal lengths, and it seems manufacturers are really starting to go all out. Case in point: the upcoming Samsung A9 Pro will sport a whopping four cameras on its rear.

121 +