Based on a recent report, the Santiago Stock Exchange (STE), the Global Trade Directory (GTD), and the Central Securities Depository (DVC) has come together to form a new Hyperledger blockchain project to stabilise the Chilean stock market and bring in new investors from overseas. The Technology Consortium will investigate cases regarding the usage of blockchain...Read More
Square Crypto, the cryptocurrency branch of Jack Dorsey’s Square, touted the virtues of bitcoin giveaways but didn’t actually give any away. | Source: Shutterstock Square Crypto, the cryptocurrency unit of Jack Dorsey’s mobile-payment company Square, extolled the virtues of gimmicky bitcoin giveaways. But then it didn’t offer to give any away. What a crypto tease!...Read More
Facebook’s Libra cryptocurrency project is offering up to $10,000 to security researchers to find security flaws in its testnet. | Source: Shutterstock Facebook’s cryptocurrency project is offering security researchers from anywhere in the world thousands of dollars to find bugs in its Libra cryptocurrency testnet. The Libra Association, which is in charge of the cryptocurrency...Read More
Craig Wright says the judge’s recent ruling in the $10 billion bitcoin lawsuit brought by the estate of Dave Kleiman proves he’s Satoshi Nakamoto. | Source: YouTube/CoinGeek (i), Shutterstock (ii). Image Edited by CCN. Self-proclaimed bitcoin inventor Craig Wright remains unfazed after Judge Bruce Reinhart ruled against him in the $10 billion lawsuit brought by...Read More
Between dead partners, blind trusts and mythical Bitcoin billions, the web weaved by Craig Wright continues to get more and more tangled by the day. | Source: Shutterstock The judge presiding over the Kleiman vs. Wright trial ruled that 50% of all Bitcoin-related intellectual property created by Craig Wright prior to 2013 must be handed...Read More
It isn’t looking good for Bitcoin Cash in the short-term, with a plausible 50% retreat in the offing. | Source: Shutterstock Bitcoin Cash may be a good pick for long-term investors due to its strengthening fundamentals. However, the cryptocurrency’s prospects in the short-term are not looking great. The first bitcoin fork is struggling to keep...Read More
Today the IDAX crypto exchange revealed they will be adding support for TRX trading thanks to a new collaboration with the Tron foundation. TRX will be available for trading on the IDAX platform against Bittorent Token (BTT) and WINk (WIN) as a base currency. The two pairs, BTT/TRX ad WIN/TRX, will go live starting with...Read More
The company behind the blockchain-based web browser Brave is working on its own crypto wallet, announced product manager Alex Wykoff. According to the Wykoff’s blog post, the new wallet will be similar in function like the Ethereum wallet Metamask, running on the same open-source codebase which will allow for dapp interaction. The source code is...Read More
The CEO of Binance revealed earlier today that the popular crypto exchange will be launching futures trading in September. According to an AMA (Ask Me Anything) session on Twitter, CZ followed up on last month’s announcement that Binance was planning to launch futures trading. “Binance is planning to offer futures contracts on the exchange. Binance...Read More
french cybercops have neutralized nearly a million computers infected by a crypto-mining mega botnet dubbed ‘Retadup’.| Source: Shutterstock The Retadup malware which had been deployed on hundreds of thousands of computers around the world to secretly mine the Monero cryptocurrency and commit other illegal acts may finally be over. According to the BBC, the backend...Read More
The self-declared inventor of Bitcoin Craig Wright has been ordered by a Florida judge to transfer to the estate of his late business partner, Dave Kleiman, $5 billion worth of his Bitcoin holdings. Judge Bruce E. Reinhart has stated that he does not believe Wright was being truthful in his court testimony and may have...Read More
China is reportedly set to launch its state crypto on the country’s biggest shopping day. | Source: Shutterstock Facebook’s fears that the bottlenecks tech firms in the free world face in developing cryptocurrencies risks opening the door for more closed societies to take the lead have been confirmed. According to Forbes, China has already developed...Read More
Telegram completed a $1 billion ICO in the crypto sector and now it is ready to launch its Gram tokens by October. The popular messaging app started its ICO last year and successfully raised $1.7 billion in the span of a few months. The success of their ICO has been compared with that of companies...Read More
The likelihood of bitcoin price hitting a fresh all-time-high near $20,000 in 2019 is diminishing. | Source: Shutterstock The likelihood of the bitcoin price surpassing its all-time high of $20,000 by the end of the year is a mere six percent. That’s according to data from Skew which tracks the BTC options market. Bitcoin has...Read More
China is inching closer to unveiling its first government-backed cryptocurrency, as the US administration continues to impose more economic sanctions on Chinese exporters. Despite a blanket ban on cryptocurrencies and related businesses, China, the world largest economy, is now reportedly getting ready to launch its government-backed stablecoin. The currency will be issued to seven institutions, according...Read More
If Andrew Luck is worried about money after his early retirement, he should have a sit down with NFL star Russell Okung. To be clear, Luck is probably not worried about money. His former team, the Indianapolis Colts, has decided not to recoup the $24.8 million owed to them. Despite the fact that they could...Read More
Self-proclaimed Satoshi Nakamoto Craig Wright suffered a massive blow today when a judge reportedly ordered him to turn over 50% of the bitcoin he mined with his former business associate, deceased computer genius Dave Kleiman. Florida federal judge Bruce Reinhart also allegedly ordered Wright to give (to Kleiman’s estate) 50% of any intellectual property he...Read More
Based on a recent report, the ability to test how to trade digital currencies will soon be made available to users of mobile messaging giant —Telegram. A publication released by the messaging giant today stated that the developers of Button Wallet, a well-known messenger-based platform for trading Ethereum, Bitcoin Cash, Litecoin, Bitcoin and many other...Read More
By CCN Markets: Bitcoin has a new bedrock support level, and for the first time ever, it’s in five-figure territory. According to the CEO and founder of the deVere Group, Nigel Green, Bitcoin’s “new normal bottom” is $10,000. “It bounces at this price. If it fluctuates below this level, it shoots back up again. We...Read More
By CCN Markets: Litecoin’s recent block reward halving was supposed to be a bullish catalyst for the LTC price. Unfortunately, the long-anticipated event failed to help the struggling cryptocurrency rally against Bitcoin. Instead, it merely provided even more ammunition for Litecoin critics. Litecoin halving the price lol — PonziBonziBb (@jerry4562) August 20, 2019 However, “Trader...Read More
Blockchain firm Chainalysis has revealed the deployment of a new alert feature, KYT, which detects suspicious cryptocurrency activities. The New York-based company launched a Know Your Transaction (KYT) tool to serve as a real-time anti-money laundering compliant solution which monitors transactions for top cryptocurrencies. The KYT is available for the 15 top cryptocurrencies, and it...Read More
A recent tweet from Vitalik Buterin, the brainchild behind Ethereum blockchain, seems to indicate that he may be getting ready to leave the project soon. He said he feels the time is right for him to take the back seat from the role of leadership in the community. Ethereum co-founder Vitalik Buterin has said that...Read More
Popular crypto exchange Binance has announced the launch of its first-ever crypto lending product which is scheduled to go live on Aug. 28, 2019. Today, the exchange officially revealed the product, Binance Lending, which will enable Binance coin (BNB), Ethereum Classic (ETC) and Tether (USDT) holders to lend their assets for a specific amount of...Read More
Facebook’s Libra project has gone through more than enough government and community criticism, but it still seems to be on its way to be launched sometime in the future. Sure there have been some rumors that several Libra Association members want to leave the project, but no matter how many will try to leave the...Read More
While the U.S.-China trade war has been a cause of pain for stock market investors, it has been a boon for bitcoin, per a new study. According to trading platform eToro, the number of bitcoin positions opened at key moments of the Sino-U.S. trade tensions this year outpaced those of gold positions entered during the...Read More
By CCN Markets: UK football club Manchester City announced a blockchain gaming partnership with South Korean sports service developer, Superbloke. The alliance is another example of the ongoing mainstreaming of blockchain, the technology underpinning bitcoin. Online gaming is mainstreaming blockchain Superbloke will incorporate Man City players into its “FC Superstars” online soccer game. The game...Read More
Rep. Maxine Waters, chairwoman of the United States House Financial Services Committee said on Sunday she remained worried about Facebook’s cryptocurrency project, Libra, after meeting Swiss regulators in Switzerland – where the cryptocurrency is to be headquartered. Waters said in a statement: “While I appreciate the time that the Swiss government officials took to meet...Read More
By CCN Markets: Facebook’s cryptocurrency project Libra still has more work to do in order to win over the U.S. Congress. According to the chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, a meeting with the Swiss government officials who will regulate Libra Association over the weekend did not allay her concerns....Read More
By CCN Markets: On August 28, the bitcoin price flash surged across major cryptocurrency exchanges, rising to as high as $10,800 on BitMEX, the largest margin trading platform for crypto traders based on daily volume. A large number of shorts were liquidated on BitMEX, triggering buy orders at a higher price, taking the bitcoin price...Read More
By CCN Markets: With all this talk about bitcoin, you might be surprised to learn that the ripple price quietly executed the most spectacular single-day rally in the crypto industry’s history. The rally was so quiet, in fact, that it was ignored by every crypto price tracker, news blog, and armchair analyst. Except one. Report:...Read More
