The UN’s cyber czar blamed Bitcoin and other crypto assets for making it significantly harder to fight child sexual exploitation and other crimes. | Source: Twitter (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: A senior UN official, Neil Walsh, claims that Bitcoin and other cryptocurrencies have made the task of fighting money...Read More
Bitcoin is very much different than any other form of currency you know. It is a virtual form of currency that is very popular and attractive. What makes it fascinating is the fact that Bitcoin cannot be obtained in physical form. It is stored virtually and exists in the online world only. If you want...Read More
Background Founded in July 2011 by Jesse Powell (Present CEO), Kraken is renowned to be one of the most widely accepted and oldest cryptocurrency platforms. Kraken, which has its base in San Francisco, was officially launched as an exchange platform in September, 2013. One of the landmark achievements of this platform was in 2014 when...Read More
Bitwala, a German-based bitcoin enabled banking platform available in the EU, today announced the launch of new apps for iOS and Android. Berlin-headquartered Bitwala enables customers in 31 European countries to buy, sell, and store bitcoin. Bitwala is the only banking service presently active in the European Economic Area offering a current account with a...Read More
Hedera hashgraph, the super-fast blockchain network, will open Mainnet Open Access from September 16th, 2019. Under this project, any developer can start building dApps on Hedera’s platform. Developers can also run mirror nodes that provide access to all consensus decisions. Hedera claims Open Access beta will allow up to 10,000 transactions each second. Bitcoin and...Read More
Binance launched an initiative platform to help developers leverage Binance infrastructure for their ideas and projects. There are 3 themes of this program – Learn, Collaborate and Grow. Learn provides official third party resources for information. Collaborate provides tools and channels to develop the infrastructure. Grow refers to different Binance programs already designed. Binance has...Read More
Bitcoin developers have created a multi-signature (multisig) user interface for both hardware wallets and full nodes to enhance Bitcoin Wallet security. Wallets protected by multisig technology need more than one private key to access the wallet. Thus it is less likely to breach the security as no single party possesses all the information to access...Read More
The Bitcoin price has seen a downward fall below $10,000 within a span of half an hour. The steep fall in the BTC price has also affected the crypto market and some of the well-known crypto enthusiasts and investors. The BTC price fell drastically to $9,400 giving a weekly low. Analyzing this price fluctuation, the...Read More
Bitcoin has dropped towards the $9,300 level for the first time in the last 30 days as investors continue to explore traditionally perceived safe-haven assets against global market risks.The benchmark cryptocurrency plunged by $950 within a matter of a few hours. The move downhill coincided with the expiration of CME bitcoin futures contract, which typically...Read More
Court proceedings against defunct Canadian Bitcoin exchange QuadrigaCX will focus on people in Ontario, say liquidators. EY: ‘Few Ties’ Keep Bitcoin Case In Nova Scotia In a court document filed this week, Ernst & Young (EY), the accounting giant acting as the exchange’s bankruptcy trustee, petitioned for a relocation of their case. Currently taking place...Read More
Bitcoin price fell sharply on Thursday’s trading to land around the $9,500 level. | Source: Shutterstock By CCN Markets: The bitcoin price crumbled overnight, breaching the psychological barrier of $10k and dropping as low as $9,334 on Coinbase. The fall marked a nine percent collapse in a matter of hours, wiping out a total of...Read More
Coin burning is a method by which cryptocurrencies keep their market value high and attempt to offset inflation. When a large portion of a coin’s supply is removed, that coin experiences heightened demand, and as a result, the coin’s price goes up. At least, that’s how it works in theory. In practice, any price increases...Read More
Coinpedia had reported about Bakkt’s Futures Launch. Intercontinental Exchange‘s (ICE’s) Bakkt platform has tweeted about Bakkt’s Warehouse starting this Sept 6. Bakkt’s Warehouse will offer secure storage of customer bitcoin to prepare Bakkt Bitcoin Daily & Monthly Futures launch on Sept 23. Moreover, the platform will enable the physical delivery of Bitcoin with end-to-end regulated...Read More
Over the past few months, Bitcoin (BTC) has been lauded by economists, investors, and commentators as an up-and-coming “safe haven” asset.You see, during a period of global turmoil, the cryptocurrency has managed to outpace effectively every other asset class in the books.Related Reading: Bitcoin Bull Run “Guaranteed”: Federal Reserve Expected to Cut Rates Into 2020As reported...Read More
Cryptocurrency figures are putting renewed faith in Bakkt to lift markets after the company announced it was ready to launch Bitcoin storage. Bakkt: Bitcoin Storage Starts Next Week Bakkt, a cryptocurrency ecosystem for institutional investors, is currently testing its first product, physical Bitcoin futures. The main launch will begin next month. As of September 6,...Read More
The financial situation in Venezuela continues to evolve in interesting directions. While Bitcoin is still frowned upon in the country, it is also becoming more common. XPay, a cryptocurrency payment processor, is now offering its services in Colombia and Venezuela. As such, pharmaceutical goods can now be purchased with Bitcoin, assuming people are willing to...Read More
Following days of consolidation Bitcoin has reached the end of its pennant formation. The big move that many analysts had expected came a few hours ago, and it was followed by a second slide resulting in a drop towards critical support levels.Bitcoin Dumps $1,000 AgainFor most of this week, analysts have been largely undecided on...Read More
As predicted, a big movement came for bitcoin following a week of consolidation. Analysts have been mixed all week but those that leaned towards bearish were right as the king of crypto plunged back into four figures a few hours ago. Bitcoin Nearing New Low A huge red candle resulted in a dump of over...Read More
Hedera Hashgraph, an enterprise-grade public distributed ledger platform, today announced that Open Access (OA) to its mainnet beta will occur on Monday, September 16th, 2019, allowing any developer from the general public to create an account and build decentralized applications (dApps) on the Hedera Hashgraph platform. OA also marks the beginning of Hedera’s strategic 15-year...Read More
According to a report published by U.S.-based cryptocurrency exchange Coinbase on August 28, 2019, students are becoming more and more interested in digital currencies and the number of courses offered in University on blockchain technology and bitcoin (BTC) is increasing. Crypto Education In August 2018, Coinbase, the most popular crypto exchange, did a study on...Read More
Bitcoin Fees in December 2017 were almost always above $10, sometimes reaching nearly $30. Today we are nearly at the same price and fees have dropped considerably; less than a dollar in most cases. But has Bitcoin actually scaled, or is it just a case of fewer transactions happening on the network? Fees are only...Read More
Hedera Hashgraph, a blockchain-like public network for enterprises, is adding a U.S. financial giant to its governing council. Hedera announced Thursday that FIS Global will become the ninth addition to its 39-member council. Hedera also announced that it intends to launch its mainnet in beta on Sept. 16. The company claims its distributed ledger technology...Read More
DETROIT, MI – SEPTEMBER 10: Professional Twitch streamer Tyler “Ninja” Blevins has had enough of Fortnite, for now. . | Source Rey Del Rio/Getty Images/AFP By CCN Markets: Popular streamer Tyler ‘Ninja’ Blevins has finally given up on Fortnite, or at least, temporarily. Yesterday, as a match of Fortnite came to an abrupt end due...Read More
Bitcoin and a few major altcoins have shocked the market as they have shed significant weight in a considerably short time. Right now, the crypto market prices have lost billions and there is no pointer to a bull run in the near future. The entire crypto market has been in a free fall of sorts...Read More
The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community has already been enduring a banking ban by the central bank. Also read:...Read More
Bitcoin price is down more than 5% and it recently broke the key $9,760 support against the US Dollar.The price is currently consolidating near the $9,500 support and remains at a risk of more losses.This week’s followed bearish flag was breached with support near $10,000 on the hourly chart of the BTC/USD pair (data feed...Read More
Wednesday, Aug. 28 — Top cryptocurrencies Bitcoin (BTC), Ether (ETH) and XRP are in the red following a sudden price crash at 5:45 p.m. UTC. The market as a whole is also red across the board. Market visualization. Source: Coin360 The Bitcoin price is trading at $9,691 at press time, marking a 4.42% price decrease...Read More
BitTorrent, the first Binance Launchpad IEO, was issued to power the BitTorrent Speed network with a variety of use cases for the token listed in the whitepaper and subsequent analyses. But as pointed out by eminent crypto VC, Barry Dilbert, most utility tokens act as friction tokens that slow down efficiency and offer no real utility....Read More
Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence of dedicated legislation. Switzerland, New Zealand, Japan and Estonia are a...Read More
Today Bakkt revealed that one of the most important pieces of the puzzle is in place. They are days away from securely custodying bitcoin for clients. | Source: Shutterstock For months we didn’t hear a peep out of Bakkt, and now the NYSE owner-backed exchange won’t hush and it’s music to the ears of the...Read More
