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Anger At Call For Congress To Place ‘Effective Ban’ On Bitcoin Mining
Bitcoin proponents have reacted angrily to what they warn is a fresh attempt to make US Congress ban public cryptocurrencies. Murray: US Should Treat Miners Like Banks As financial news outlet Business Telegraph reported, on September 3, an expert witness went before lawmakers to argue miners on blockchains such as Bitcoin’s should face full banking-style regulation. дальше »
2019-9-4 16:00 | |
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Bitcoin Cash Network Experiences Significant Problems From a $290 Attack
A recently reported attack on the Bitcoin Cash network is causing a lot of confusion among the community. Some bizarre goings on with BCH transactions are raising questions about its viability as an alternative method of finance. дальше »
2019-9-4 15:00 | |
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Amazon apparently wants to turn your hand into an ID for store purchases
Amazon is reportedly working on speeding up checkouts at its physical stores by using your hand as a form of identification. According to a the New York Post, the retail giant is said to be quietly testing new scanners that can identify human hands to make a store purchase. дальше »
2019-9-4 10:08 | |
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Andreessen Horowitz lobbying financial watchdogs to loosen crypto regulations
Andreessen Horowitz, a venture capital company focused on crypto innovation, brought several Washington regulators together to promote crypto adoption and discuss regulation. The May event includes representatives from the U. дальше »
2019-9-4 03:54 | |
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$800,000 Bitcoin Ransom Frees Kidnapped Chinese Student in Australia
The Chinese pre-university student who was reported kidnapped late last month in Australia for 80 Bitcoin has been rescued and reunited with his family. The Chinese Consulate-General in Sydney confirmed that the 20-year old Ye Jingwang who was studying at the University of Technology Sydney had been found ‘safe’ and in ‘good health’. дальше »
2019-9-3 15:46 | |
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Andreessen Horowitz Stands up for Pro-Cryptocurrency Regulations
Renown venture capital and investment advisory firm, Andreessen Horowitz, held a conference on cryptocurrencies to which they invited companies and regulators who are dealing with this new industry. Marc Andreessen discussed the importance of cryptocurrencies, likening it to how the internet was viewed in its early days, as reported by the Wall Street Journal, SeptemberRead MoreRead More. дальше »
2019-9-2 17:00 | |
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Australian Digital Asset Advisory Firm Reports 89 Percent Fall in Revenue
Digital X, a token sale advisory and blockchain development firm in Australia, has announced abysmal performance for fiscal year 2019, as reported by Micky, September 1, 2019. The bear market in cryptocurrency brought down a lot of companies, most of which have been able to initiate a bounce back up after the resurgence of Bitcoin. дальше »
2019-9-2 15:00 | |
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Fraudsters deepfake CEO’s voice to trick manager into transferring $243,000
It’s already getting tough to discern real text from fake, genuine video from deepfake. Now, it appears that use of fake voice tech is on the rise too. That’s according to the Wall Street Journal, which reported a case of voice fraud — aka vishing (short for “voice phishing”) — that cost a company $243,000. дальше »
2019-9-2 14:24 | |
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North Korea Denies Cryptocurrency Heists Totaling $2 Billion
Reports of Pyongyang amassing wealth to fund its weapons program have been widely circulated. However, the North Korea regime has denied allegations of carrying out multiple hacks on crypto exchanges and finance companies. дальше »
2019-9-2 10:15 | |
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Company Behind Zcash Reports Losses in Q1 2019
Electric Coin Company, the firm behind privacy-centric cryptocurrency Zcash, reported financial losses in Q1 2019
дальше »2019-9-1 16:46 | |
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Coin Metrics: Bitcoin Miners All-Time Revenue Tops $14 Billion
According to fresh data released by Coin Metrics, the all-time revenue generated by Bitcoin Miners has topped $14 billion. Yahoo Finance had reported on 30th August that despite the network increasing its hash rate by a large percentage, miners are still in a position to make tons of money. For those not in the know, […] дальше »
2019-8-31 18:48 | |
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Bitcoin Futures Become More Popular Among Institutional Investors as CME Numbers Rise
The trading of Bitcoin futures has surged over this year as the leading cryptocurrency found its way back to the heights associated with it. Cryptocurrency trading has become more popular, and more investors are beginning to consider the asset class for the portfolios. дальше »
2019-8-31 18:35 | |
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What’s Bitcoin REALLY Worth? Much Less Than You Think
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. дальше »
2019-9-1 15:00 | |
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What's Bitcoin REALLY Worth? Much Less Than You Think
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. дальше »
2019-9-2 15:00 | |
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Cardano’s Shelley ‘successfully’ completes 1st phase of testing, announces Charles Hoskinson
Cardano’s Shelley has been one of the most anticipated development projects for the virtual’s asset ecosystem. IOHK’s Charles Hoskinson has released a series of updates, with regards to the progression of the project in his recent AMA. дальше »
2019-8-31 14:30 | |
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India: Bitcoin scam kingpin who conned $67.6 million tortured to death by associates
Police in the Indian state of Uttarakhand have unearthed a massive Bitcoin scam which they claim, is worth 485 crores INR ($67. 6 million), reported TOI. The scam came to light after a man named Abdul Shakoor, the alleged kingpin behind it, was murdered by his own associates for cheating them. дальше »
2019-8-31 13:05 | |
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Billionaire-backed firm to invest $1 billion towards the development of a dedicated crypto-platform
2019 has been largely considered as a breakthrough year for the cryptocurrency market, largely because it was poles apart from the bearish crypto-winter that preceded it. Investors are flocking into the industry, with the virtual asset ecosystem starting to gain attention from financial institutes. дальше »
2019-8-31 01:30 | |
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Ripple’s Ryan Gaylor boasts about XRP’s volatility against fiat during FiNext Conference USA
During the FiNext Conference in USA, Ripple’s Director of Corporate Payments, Ryan Gaylor, claimed that bank coins like JP Morgan’s do not fix the ailing issue of centralization as opposed to XRP, reported VisionaryFinanc. дальше »
2019-8-31 23:00 | |
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BitMEX Bitcoin Outflow in July is Worse than Reported
Everybody knows that July was a bad month for one of the world’s largest bitcoin and crypto derivates exchange BitMEX. But they are wrong. July was – evidently – the worst. New data reveals that the Seychelles-based firm experienced its most damaging net inflows in the said month. дальше »
2019-8-31 22:42 | |
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India’s Special Investigation Team cautions government of growing use of crypto in money laundering, drug smuggling
India’s Special Investigation Team [SIT] has observed a growing network of criminal gangs using cryptocurrencies for illicit activities like laundering money and smuggling drugs, reported Firstpost. дальше »
2019-8-31 19:30 | |
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Billionaire-Backed Hedge Fund Eyeing Cryptocurrency Investments
Elwood Asset Management, a hedge fund owned by billionaire Alan Howard of Brevan Howard Asset Management, is planning to launch a platform to design a cryptocurrency portfolio for institutional investors looking to gain exposure to the rapidly growing asset class, as reported by Financial Times, August 30, 2019. дальше »
2019-8-31 17:00 | |
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Billionaire Investor Alan Howard’s Firm to Launch $1bn Crypto Fund
A firm backed by billionaire investor Alan Howard is planning to start a crypto fund worth a billion dollars. Financial Times reported that London-based Elwood Asset Management is working on a venture that would design cryptocurrency portfolios for institutional investors. дальше »
2019-8-30 16:00 | |
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Grayscale reports assets under management tripled in Q2; all ten products from company show positive growth
Grayscale Investments, a cryptocurrency asset manager reported its Assets under management [AUM] tripling from $926 million to a whopping $2. 7 billion, in its Q2 report. Grayscale products like Grayscale Bitcoin Trust and Grayscale Digital Large Cap Fund reported 178. дальше »
2019-8-30 00:37 | |
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Dow Rallies 326 Points Because Wall Street Buys the China Rumor
The Dow and broader U. S. stock market shot higher on Thursday, as investors bought into the rumor that the United States and China will resume trade talks shortly. Dow Surges; S&P 500, Nasdaq Follow All of Wall Street’s major indexes reported big gains, mirroring a strong pre-market for Dow futures. дальше »
2019-8-30 22:47 | |
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8th Largest US Bank Goes Live with RippleNet
PNC Treasury Management has started using the RippleNet for cross-border payments. Fintech Futures reported on August 29 that PNC has become the first US bank to process cross border payments in real time. дальше »
2019-8-29 21:07 | |
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Bootleg vape cartridges linked to outbreak of potentially fatal lung illness
Hundreds of cases of a mysterious lung illness have been reported in the US in just a matter of weeks. The Centers for Disease Control and Prevention (CDC) along with city and state officials across the country urge people to stop vaping nicotine and THC cartridges immediately. дальше »
2019-8-29 20:39 | |
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UK’s ‘most deprived’ village builds tidal energy crypto miners to reconnect with technology
It’s often said that machines will perform upwards of 40 percent of the world’s jobs by 2035 — but one artist is out to prove that automated technologies can bring positive change too, and he’s using DIY cryptocurrency miners to do it. дальше »
2019-8-29 19:48 | |
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Ring’s surveillance partnership with law enforcement is deeper than previously thought
Amazon’s Ring has finally come clean about its partnership with law enforcement agencies in the US. The doorbell-camera company — which was acquired by the retail giant in February 2018 — disclosed that it has inked deals with 407 agencies to “facilitate conversations around crime and safety among all members of the community. дальше »
2019-8-29 14:21 | |
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China’s State-Backed Cryptocurrency: ‘Gaining Momentum’ Or ‘Inaccurate Speculation’?
China’s Government and Central Bank just can’t seem to align on the proposed central bank digital currency (CBDC). On Tuesday, government-supported tabloid, Global Times, reported that the Central Bank called speculation on an upcoming launch ‘inaccurate speculation’. дальше »
2019-8-29 14:00 | |
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PNC bank goes live with RippleNet; becomes first-ever American bank to use its services
PNC Financial Services Group, Inc. has gone live with RippleNet on August 29, becoming the first-ever American bank to process cross-border payments, reported FintechFutures. The bank inked the deal with RippleNet in September 2018 and announced that its Treasury Management Unit would be using Ripple’s current software solution to carry out cross-border transactions. дальше »
2019-8-29 12:14 | |
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Gold forgery crisis demonstrates the need for Bitcoin
A forgery crisis is disrupting the global gold industry, reported Reuters, emphasizing the need for an easily verifiable store of value—like Bitcoin. Forgeries slip into the gold supply Gold bar forgeries are seeping into the vaults of the world’s largest financial institutions. дальше »
2019-8-29 05:45 | |
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“Mistrustful Current Banking System” Fueling Students Interest in Crypto & Blockchain: Coinbase Study
56% of the top global universities, compared to 42% in 2018, now offer at least one course on crypto or blockchain, reported Coinbase in its “The 2019 Leaders in Crypto Education” survey. As the crypto market grows, millennials’ interest is surging as well. дальше »
2019-8-28 22:04 | |
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JP Morgan Related Project, Kadena, Launches Permissioned Blockchain on Microsoft Azure
Kadena, a permissioned blockchain on Amazon Web Services, reported the launch of a new blockchain version on Microsoft’s Azure Marketplace. The project, labelled Kadena’s Scalable Permission Blockchain Community Edition, is a blockchain as a service platform and will be available for free. дальше »
2019-8-28 20:56 | |
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Tech and Banking Giants First to Receive China’s Sovereign Cryptocurrency
Alibaba, Tencent, Union Pay, and other large financial institutions are reported to be the the first receivers of China’s sovereign cryptocurrency initiative, as per Forbes, August 27, 2019. Paul Schulte, the ex-head of global financial strategy at the China Construction Bank is the main spruce behind the information. дальше »
2019-8-28 16:00 | |
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Inaccurate Speculation’ or Is China’s Central Bank Ready to Launch Crypto in Just Over 2 Months?
China’s central bank backed digital currency DC/EP (Digital Currency/Electronic Payments) will be issued to seven institutions, reported Fobes citing Paul Schulte, an independent researcher and former employee of one of these institutions. дальше »
2019-8-28 15:50 | |
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Hacker pleads guilty in Australia’s first crypto-theft bust, 100,000 XRP stolen
A 24-year-old woman in Sydney was found guilty of stealing 100,000 XRP—worth $300,000 at the time of the theft—in January of last year, reported The Sydney Morning Herald. The perpetrator, Katherine Nguyen, is the first Australian found guilty of a crime involving cryptocurrency theft in the country. дальше »
2019-8-28 08:44 | |
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Crypto Mining Firm Argo Blockchain Boosts Its Hashrate, Resulting in Company Stock Price Rise
Argo Blockchain, a company focused on Bitcoin mining, has recently increased its hashrate. The company has been reported to have expanded its mining capabilities a lot lately. The reason for that is that the company got a lot of money because the price of its stocks went up. According to Google Finance, the stocks of […] дальше »
2019-8-28 04:55 | |
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Data Firm: Just 17 Percent of Reported Bitcoin Volume Is Trustworthy
Crypto asset data company Nomics has released a new service that rates the transparency of reported bitcoin volume. The post Data Firm: Just 17 Percent of Reported Bitcoin Volume Is Trustworthy appeared first on Bitcoin Magazine. дальше »
2019-9-6 21:24 | |
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Tron community rejoices as TRX transfers surpass 80 million
Tron’s development and growth in the cryptocurrency universe has been astounding, with CEO Justin Sun often at the eye of such good news for the community. He’s at the helm of more good news after Tronscan recently reported that TRX transfers had crossed 80 million. дальше »
2019-8-28 20:30 | |
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Tether Whale Watchers Find Unsuccessful Attempt to Move $46 Billion Worth of USDT
Massive transactions are not something new to crypto traders. This is why nobody is surprised when the so-called whales, who are investors with huge amounts of cryptos, are active. A profile specialized in finding big transactions, Whale Alert, has recently affirmed that a huge Tether (USDT) transaction was spotted. Initially, the profile reported that someone […] дальше »
2019-8-27 00:25 | |
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Dow Bounces Back, But Trade War Plunges Yuan to 11-Year Low
The Dow and broader U.S. stock market advanced on Monday, mere hours after the Chinese yuan’s offshore rate plunged to record lows, raising alarms about capital flight from East Asia. Dow Rallies; S&P 500, Nasdaq Follow All of Wall Street’s major indexes reported firm gains, with the Dow Jones Industrial Average gaining as much as […] The post Dow Bounces Back, But Trade War Plunges Yuan to 11-Year Low appeared first on CCN Markets дальше »
2019-8-27 22:41 | |
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Are Coinbase and IDEX teaming up to take on Binance in the U.S.?
Top crypto exchange Coinbase has added support for IDEX on its official wallet, allowing its customers to trade hundreds of new cryptocurrencies on the third-party “hybrid decentralized” exchange. дальше »
2019-8-26 16:15 | |
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Stolen fingerprints could spell the end of biometric security – here’s how to save it
The biggest known biometric data breach to date was reported recently when researchers managed to access a 23-gigabyte database of more than 27. 8m records including fingerprint and facial recognition data. дальше »
2019-8-25 12:00 | |
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Bitcoin Bottomed at $9,080, BTC to Rally Into End of 2019
Once again, Bitcoin (BTC) has stagnated, finding a foothold around $10,000 for the umpteenth time in a matter of weeks. While this is a positive development, especially considering the bearish momentum seen last week, there remains some expecting for the cryptocurrency market to continue lower. дальше »
2019-8-25 21:00 | |
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Ethereum Increases Odds on Becoming The First Public Blockchain On Hyperledger
There are chances that Ethereum could be the first public blockchain on Hyperledger, however, to make it happen, the firm’s technical steering committee has to approve to adopt ConsenSys-backed Pantheon project. дальше »
2019-8-23 18:37 | |
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Hackers behind Texas ransomware attacks want $2.5 million
The threat actor behind the coordinated ransomware attack against multiple Texas local governments may have gained access to its computer systems via a third-party software provider. According to NPR, which first reported the development, the attackers want a collective ransom of $2. дальше »
2019-8-23 15:22 | |
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Facebook’s ‘cryptocurrency’ Libra may be in more trouble than we thought
Facebook‘s ‘cryptocurrency’ Libra may be in even deeper trouble than we thought if a recent report is anything to go by. According to the Financial Times, it seems that some of Facebook‘s early backers have been spooked by increasing regulatory scrutiny. дальше »
2019-8-23 14:41 | |
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