American cryptocurrency exchange Kraken will add support for Basic Attention Token (BAT) and Waves (WAVES). According to an announcement on Aug. 21, the exchange’s users will be able to deposit and withdraw the aforementioned coins starting tomorrow, Aug. 22, as well as trade with both assets. Kraken will roll out trading pairs between BAT and...Read More
September is going to be a buzzling month for the blockchain scene where we kick start the first week with Korea Blockchain Festival (2-7 September 2019) which will feature several major events and a series of fringe activities: Korea Blockchain Immersion Trip (From Singapore) Date: 2 – 6 September 2019 Hosts and organize with Walletton...Read More
Sichuan province in China is well known for being a mining hub, thanks to the abundance of clean hydroelectricity available in the region at dirt cheap prices. However, the availability of cheap clean energy has also made the province a growing hub for illegal mining activities. Sichuan province was recently hit by flash floods which...Read More
Last week Lamborghini announced the all new Aventador SVJ 63 Roadster, a new addition to the Lambo family which has many fans excited. With a 0-60 time of under 3 seconds, the SVJ 63 is a beast from another planet, let’s take a deeper look at this vehicle and the tech under the hood. We...Read More
An interesting stock market pattern suggests the market will be moving higher, but it doesn’t tell the entire story. | Source: AP Photo/Richard Drew By CCN Markets: The S&P 500 is showing an intriguing pattern of behavior. May 30 was the ninth consecutive day that the stock market index closed above the 200-day moving average but...Read More
Harmony One, the deep sharded scalable blockchain built by a team of engineers from Google, Apple, Amazon, Facebook, Harvard and Stanford, has announced its launch on KuCoin exchange. The trading will start at 6pm (UTC+8), August 22nd and supported trading pairs include ONE/BTC and ONE/USDT. With over 5 million registered users from about 100 countries...Read More
The digital landscape has altered the way in which communications and payments are made. Not all these changes have been for the better as consumers incur several costs at the benefit of large corporations. The Problem with Traditional Social Media Platforms It is indeed more convenient to catch up with friends or check out what’s...Read More
The protests in Hong Kong, which have been taking place since late March, now represent the most significant domestic disturbance in China in thirty years. Fearing government reprisals, protesters are employing a wide variety of methods to evade the sophisticated surveillance techniques the authorities are believed to be using. These include wearing masks to block...Read More
The US Treasury is blacklisting specific bitcoin addresses related to Chinese druglords. | Source: Shutterstock By CCN Markets: The U.S. Treasury Department blackballed the bitcoin addresses of Chinese drug kingpins operating international drug-trafficking rings. It’s part of a move to curb the opioid epidemic ravaging the United States. The Treasury’s Office of Foreign Assets Control...Read More
Ukraine’s top law-enforcement and counterintelligence agency uncovered crypto mining equipment on site at a nuclear power plant. According to local media reports, the Security Service of Ukraine (SBU) confiscated six Radeon RX 470 GPU video cards, a motherboard, power supplies and extension cords, a USB and hard drive, and cooling units installed in the South...Read More
The merchant payments startup Flexa will soon allow any other app to run payments in crypto just like its own SPEDN app has since May. Staking with the company’s Flexacoin (FXC) will enable apps to trustlessly provide payments to merchants without any danger of malicious apps reversing a transaction after Flexa has transferred funds. The...Read More
Cryptocurrency exchange Gemini announced Wednesday that it is officially opening its doors to customers in Australia. The exchange’s fifth international move, the development means that Australian users can buy and sell five cryptocurrencies on Gemini including bitcoin, bitcoin cash, ethereum, litecoin, and zcash. The startup, founded by investors Tyler and Cameron Winklevoss, is also making...Read More
Travelport, a business and consumer travel services provider, announced it is using IBM’s Hyperledger Fabric to guarantee commissions paid to travel agencies. According to a statement released on August 20, the blockchain was designed with input from IBM, travel management company BCD Travel, and three unnamed hotel chains. The system aims to “put the lifecycle of...Read More
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned three Chinese nationals and their cryptocurrency addresses, alleging they violated money laundering and drug smuggling laws. OFAC named Xiaobing Yan, Fujing Zheng and Guanghua Zheng as narcotics traffickers under the Foreign Narcotics Kingpin Designation Act, freezing any property they own within the U.S. and listing...Read More
Tether is planning to issue a stablecoin pegged to the Chinese renminbi, according to a trader with ties to the company. Zhao Dong, an over-the-counter (OTC) trader in China and a shareholder of crypto exchange Bitfinex – which shares managers and owners with Tether – revealed the move on WeChat on Wednesday, saying Tether plans call...Read More
Food delivery is about to get a little sweeter for the users of the bitcoin rewards platform Lolli. The startup announced Wednesday that is has partnered with delivery service Postmates, making the popular app the latest partner for Lolli’s rewards program. One of the most popular food services, Postmates mobile app saw 2,094,920 downloads in the last...Read More
Woori Financial Group, one of South Korea’s largest banking companies, has agreed to work with Ground X in developing blockchain financial services. Group Chairman Chairman Son Tae-seung made the announcement on the 21st at the company’s headquarters in central Seoul, some reports said. Further detail appeared in Shin-A Ilbo, CoinDesk Korea, and other publications. Under the agreement,...Read More
Target delivered a big upside earnings surprise on Wednesday, driving the stock up by 20% and casting some doubt on Amazon’s world dominance. | Source: Shutterstock; Edited by CCN By CCN Markets: Target Corporation reported shockingly good earnings on Wednesday, casting some doubt as to whether Amazon has in fact conquered the retail world. As...Read More
Most cryptocurrency enthusiasts are not aware of Bitcoin supporting smart contracts. Despite what most may claim, Bitcoin has supported this technology for many years now. It has never been a popular option to explore, but it was still worth taking note of. Miniscript, a new smart contract language for Bitcoin, was introduced only recently. How...Read More
Belgium’s Financial Services Authority (FSMA) has added new warnings to its list of firms thought to be involved with crypto-related fraud. The financial watchdog has now alerted the nation’s investing public to a total of 121 different scam cryptocurrency-focused investment prospects since it started listing them in early 2018.The FMSA is one of the few...Read More
Recently Bolt, which was previously known as Taxify, based in Estonia, announced that they are launching a food delivery service, starting with Estonia. Bolt, which is an Estonia-based ride-hailing service, previously known as Taxify, has just launched its new food delivery service in Estonia. They are launching it natively, for now, but afterward they plan...Read More
At the wake of an increased patronage for stablecoins, Tether adds yet another stablecoin to its repository, unveiling that this new ‘CNHT’ stablecoin would be tied to the offshore Chinese Yuan. Tether – the foremost yet controversial distributor of stablecoins recently announced the launch of a new stablecoin. This new cryptocurrency tagged ‘CNHT’ is pegged...Read More
The White House issued two advisories on drug purchases in the United States today with specific references to cryptocurrencies. The advisories, addressed to both financial institutions and digital payment platforms, state that “convertible virtual currencies” (CVC), particularly bitcoin, bitcoin cash, ethereum, and monero, can be and have been used for illicit substance purchases on the clear,...Read More
Kraken, a San Fransisco-based cryptocurrency exchange, has been operating since 2013, making headlines consistently for its donations, funding, and issues with its site and API. OTC Head at Kraken, Nelson Minier, recently shared his journey into the cryptoverse, while also discussing the many developments in the Kraken ecosystem, in a recent podcast. Minier stated that...Read More
Bitcoin has destroyed the altcoin market in 2019, but one contrarian crypto trader believes BTC is about to suffer a reckoning. | Source: Shutterstock By CCN Markets: It’s easy to miss just how badly bitcoin has clobbered altcoins since the crypto market’s latest bull run began. From Ethereum all the way down to Stratis, almost...Read More
Dow Jones stock Goldman Sachs is trading below book value, suggesting it could be a buying opportunity for patient long-term investors. | Source: Shutterstock By CCN Markets: Apple may be getting all the attention about its new credit card, but there is another company involved whose stock might be the real buying opportunity. Goldman Sachs,...Read More
Throughout much of 2018, support at $6,000 acted as the absolute Bitcoin price floor, with each time bears pushed the price of the first-ever crypto-asset down to the range, it would reverse and rally – only to stop short of ever setting a new higher high.The post appeared first on NewsBTCRead More
Cryptocurrencies have been on the back foot and extend their losses. Digital coins need to break above critical levels to resume the rally. Here are the next levels to watch according to the Confluence Detector. Late August is vacation time in the northern hemisphere – and cryptocurrency bulls may be at the beach as well....Read More
