Tag Archive For "Crypto"
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Dave Portnoy Buys $200,000 in Bitcoin – As a Total Crypto Noob
Dave Portnoy has bought $200,000 in bitcoin and $50,000 in chainlink in a video with the Winklevoss twins. Portnoy bought the crypto despite understanding almost nothing about Bitcoin. The video also sees the trader plan his own “DaveCoin,” and accept the idea that Elon Musk will soon crash gold by mining it on asteroids. Dave…
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Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar
The price of bitcoin jumped on Tuesday after Jerome Powell stressed that the Fed is investing a significant amount into digital currency developments. Adding fuel to the fire, Powell also acknowledged how quickly crypto could become a systemic risk to the USD. China’s “Belt and Road” initiative is expected to roll out a digital currency…
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Bankera Loans Introduces the Lowest Loan Minimum on the Crypto Lending Market
Ever since Bitcoin’s conception, the financial industry has faced unprecedented and unpredictable changes that have had a significant effect on the market as a whole. One of the most intriguing concepts to rise out of this influx of innovations is the market of crypto-backed loans. Piggybacking on an enormous cryptocurrency buzz during the last quarter…
Opinion: Terrorists are using crypto to pay for attacks. It’s time to stop them
Tarun Wadhwa is CEO of Day One Insights, a strategy and advisory firm focusing on corporate reinvention, and a visiting fellow at Emory University’s Department of Political Science. Anish Mohammed is a researcher and consultant who has been working in the security and cryptography area for the past two decades. He is a former adviser…
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Danish Tax Authority Cracks Down on ‘Crypto Tax Avoiders’
Danish regulators are targeting crypto traders in a tax avoider crackdown. Skattestyrelsen, or Skat, Denmark’s tax agency, has issued warning letters to “20,000 cryptocurrency tax avoiders,” according to European crypto tracking and tax reporting startup Koinly. The move comes months after regulators were sniffing around at a trio of local exchanges for information on crypto…
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Alpha Mining Project Set To Become Largest Crypto Mine In North America
China accounts for over 60% of global Bitcoin mining, but a new project is about to change that. The Alpha Project by BitPlus is a 50 million dollar project aiming to create the biggest crypto mining operation in North America. BitPlus is an American-based blockchain infrastructure and financial technology firm that specializes in the enhancement…
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Survey: Crypto Investors Favored Hillary in 2016, But Crypto Whales Voted Trump
Crypto investors supported Hillary Clinton over Donald Trump by a wide margin in the 2016 election. But those who supported Trump have invested significantly more of their savings in cryptocurrency. Libertarian Gary Johnson was almost as unpopular with crypto investors as the general population. A recent survey of the political affiliations among cryptocurrency investors found…
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UK Govt Official Swats Question on Proposed Crypto Derivatives Ban
The decision over whether to ban the sale of crypto derivative products to retail customers in the UK will be determined solely by the financial regulator. This was the message delivered by Economic Secretary to the Treasury, John Glen, in an answer to a question posed by the Member of Parliament for Shipley, Philip Davies.…
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Zuckerberg’s Congressional Testimony Includes Zero References to Crypto or Bitcoin
CEO Mark Zuckerberg will be the next Facebook executive to face a bipartisan grilling when he testifies before the US House Committee on Financial Services tomorrow. The committee published a transcript of Zuckerberg’s prepared testimony ahead of the hearing, and there was one thing noticeably absent from his statement: any reference to bitcoin, cryptocurrency, or…
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Facebook Kisses up to Banks as Pushback Threatens Libra Crypto
The conspicuous absence of even a single bank as a founding member of Facebook’s cryptocurrency project was never “intentional,” according to the co-creator of Libra, David Marcus. Facebook, he said, would love to have banks involved. No banks in Libra Association? No worries In an interview with Swiss newspaper Neue Zurcher Zeitung, Marcus revealed that…
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EA Wants You to Invest in Crypto, or Does It?
Gaming powerhouse EA has authored a tweet urging its followers to invest in cryptocurrency and people are not sure what to make of it. | Credit: AFP EA wants you to invest in crypto, or does it? The gaming powerhouse authored a tweet a little over an hour ago pushing its 5.5 million followers to…
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Overstock Shares Crash as Former CEO Cashes Out – Goes All In on Crypto and Gold
Patrick Byrne, Overstock’s former CEO, is cashing out of the company he built. | Image: AP Photo/Steve C. Wilson Ousted former CEO of Overstock, Patrick Byrne, revealed via a regulatory filing on Wednesday that he offloaded his entire holdings in the internet retailer he’s been at the helm for since 1999. Byrne liquidated his entire…
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21-Year-Old Arrested for Multimillion-Dollar Crypto Fraud
The Australian Securities and Investments Commission (ASIC) has announced that a 21-year-old mother has been arrested following an investigation into an online syndicate accused of stealing and laundering millions of dollars worth of funds from superannuation and share-trading accounts through the use of cryptocurrency. ASIC alleges that the suspect, Jasmine Vella-Arpaci, comprised a key member…
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LG vs. Samsung: The Smartphone Crypto Wars Are Upon Us
LG is expected to join Samsung in the crypto space and provide consumers with a choice. | Image: ShutterstockBlockchain has become a buzz word for companies looking to make a big splash and generate a fair amount of publicity. This has been the case for several industries over the past few years and it’s now…
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Bitcoin Beats the US Dollar: Rapper Akon Delivers Crypto Crash Course
Senegalese-American Akon offers his take on bitcoin during a radio show. | Source: REUTERS/Thomas MukoyaSinger Akon has rubbished the common perception that cryptocurrencies such as Bitcoin are too volatile. Per the U.S. musician, crypto enjoys more stability relative to fiat currencies.Speaking in a radio interview on the Breakfast Club, Akon defended the volatility that Bitcoin…
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Facebook Dating Is Zuckerberg’s Worst Idea Since Doomed Crypto Libra
The Facebook Dating App is real. File your privacy concerns. REUTERS/Stephen Lam Facebook dating is here. Hallelujah. Just what we needed, another way for Zuck to weasel his way into our lives.The social media behemoth on Sept. 5 officially announced the launch of its dating app in the U.S. and it promises to transform your…
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Swiss Central Bank Dreads Scary Foreign Stablecoin Crypto
Switzerland’s central bank is running scared over its control on monetary policies in the face of stablecoins pegged to foreign currencies. | Source: Shutterstock; Edited by CCN Switzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path…
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Bancacy Partners with Quantstamp to Secure Smart Contracts for Managing Crypto Liquidity & Volatility
Millions of dollars are lost annually in online hacks that exploit vulnerabilities in smart contracts, and the crypto space suffers from a lack of investor engagement due to illiquidity and volatility in trading markets. Unless we first secure contracts that operate at the intersection of real users and real funds in real-life use-cases and then…
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Quantstamp Helps Secure Bancacy Smart Contracts Designed to Manage Crypto Market Liquidity & Volatility
Millions of dollars are lost annually in online hacks that exploit vulnerabilities in smart contracts, and the crypto space suffers from a lack of investor engagement due to illiquidity and volatility in trading markets. Unless we first secure contracts that operate at the intersection of real users and real funds in real-life use-cases and then…
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Turkish Bitcoin Exchange Becomes Football’s First-Ever Crypto Shirt Sponsor
Turkey’s biggest bitcoin exchange is now the official shirt sponsor of Yeni Malatyaspor, a club playing in the country’s first division. | Source: Yeni MalatyasporBy CCN Markets: Bitcoin and other blockchain networks continue to make headwinds in the sporting arena thanks to the latest partnership between Bitcoin exchange BtcTurk and first-division football club Yeni Malatyaspor.As…
