August 19, 2019

Spanish Police Hits Hard on Bitcoin ATMs

In the mid of July 2019, Bloomberg published a stunning report which indicated that Spanish LEAs are quite concerned regarding the fraudulent use of Bitcoin ATMs. To be very specific, the local forces pointed out an array of glitches in Europe’s AML provisions, which ultimately facilitate the people from the underworld to carry out their...
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Telegram Open Network Will Finally Launch On October 31st

Coinbase confessed that it had put the funds of the traders at risk and stated that they could have lost funds in the latest blog post as we read in the latest cryptocurrency news today. The largest cryptocurrency exchange revealed that an error in the system has managed to save the customer’s information on Coinbase...
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Ethereum Breaks Recent Downtrend Resistance Line as Buyers Step Up

Ethereum’s price action has been closely tracking that of Bitcoin over the past several days, and ETH has been able to post a strong recovery from its recent drop to below $185.Analysts are now noting that Ethereum’s ability to break above the key resistance level of $200 may be emblematic of a shifting short-term trend,...
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What is ParJar?

Crypto-related services tend to become popular during the first few months. Sustaining such a trend is often very difficult Convenience plays a crucial role for users across the globe. ParJar might be checking a lot of the right boxes in this regard. The Telegram-based service allows for conveniently exchanging dozens of cryptocurrencies. The ParJar Service...
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Blockchain CEOs Tired Of The South Korean Regulation: Report

Coinbase confessed that it had put the funds of the traders at risk and stated that they could have lost funds in the latest blog post as we read in the latest cryptocurrency news today. The largest cryptocurrency exchange revealed that an error in the system has managed to save the customer’s information on Coinbase...
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Salesforce Alternative Cere Raises $3.5 Million From Binance Labs, Others

Blockchain-based customer relations manager (CRM) Cere Network just closed a $3.5 million seed round. Backed by Binance Labs, Neo Global Capital, and Arrington XRP Capital, among multiple others, Cere Network opened a New York office and will announce an innovation lab in Berlin during Berlin Blockchain Week. Cere Network provides a blockchain service for integrating...
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Israeli Regulator to Fast Track 2,000 Fintech License Applications

Israel’s Fintech regulator is rearranging its licensing regime to encourage competition in the field. The Israeli Capital Market Authority is looking to change how fintech licenses are distributed in Israel according to a Monday announcement reported by Israeli daily newspaper Calcalist. Some 2,000 fintech and blockchain-businesses are currently seeking licenses from the state regulator. Due...
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World Bank Sells $33.8 Million More of Its Private Ethereum Blockchain Bonds

The World Bank has issued a second round of its landmark blockchain bonds. The international financial institution raised another $50 million AUD ($33.8 million U.S.) by selling the “blockchain-operated debt instrument” (bond-i), according to Commonwealth Bank of Australia (CommBank), which managed the sale jointly with RBC Capital Markets and TD Securities. Both new and existing investors...
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BitPay Says Crypto Spending on Real Estate to Double in 2019

A luxury condominium complex in Orlando, Florida, is the latest firm to partner with BitPay to provide bitcoin payment processing for real estate transactions. Announced August 6, the Grove Resort & Water Park will accept bitcoin for purchases of their 878 resort-style condo residences. Yet, the relatively small update hides a larger story – BitPay...
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BitMEX to Block Users in Hong Kong, Bermuda and Seychelles

Cryptocurrency exchange BitMEX has added three new jurisdictions to its trade restrictions list. HDR Global Trading Limited (HDR), BitMEX’s parent company, has added Bermuda, Hong Kong, and the Seychelles to its list of total trade access restrictions. BitMEX, based in the Seychelles, maintains arms in Bermuda and Hong Kong. The three jurisdictions join the United...
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Gemini Adds Cybersecurity Veteran to Executive Team

The Winklevoss twins are adding some muscle to Gemini’s security team. Announced this morning, David Damato will be joining Gemini as the Chief Security Officer. Damato joins Gemini from Tanium, a top cybersecurity firm, where he held the same position for four years. Damato joins Gemini with over 20 years experience in the field. Speaking...
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Binance’s iOS App Returns to Apple Store

Binance’s iOS app returned to the Apple app store today. The largest cryptocurrency exchange by volume, Binance’s iOS app has returned after a month’s hiatus. A company posting announced the return today following an announcement on Twitter Friday by Binance CEO Changpeng ‘CZ’ Zhao. According to Zhao, listing the exchange’s app was a difficult process:...
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Software Engineering Firm EPAM Joins Blockchain in Transport Alliance

EPAM Systems Inc. has joined the Blockchain in Transport Alliance, which develops blockchain standards in the transportation, logistics and supply chain industries. Software engineering and IT consulting services firm EPAM Systems Inc. has joined the Blockchain in Transport Alliance (BiTA) that develops blockchain practices and standards in the transportation, logistics and supply chain industry. According...
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Bitcoin’s 2019 Gains Not Fuelled on Chinese Capital Flight Onlyh, Claims Circle CEO

According to Jeremy Allaire, the price increases in Bitcoin since the beginning of the year were driven by more than just Chinese investors seeking to avoid capital controls. The Circle CEO claims that a belief in this narrative from investors outside of China is likely to behind the rise too.Allaire also believes that although cryptocurrency...
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Bitcoin Soaring? Thank A Third-Party Custody Provider

Bitcoin is rising yet again, as the largest digital asset consolidates above $10,000. While it’s common to attribute bull runs to institutional money, Chinese tariffs or inverted yield curves, this year’s rise could have been triggered by an unexpected catalyst: third party custodians. By introducing sophisticated storage solutions, these companies are paving the way for...
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BitMEX Discounts Services For Three Countries Due To CFTC Probe

As the latest cryptocurrency news this month hinted, China may be about to launch a fiat digital currency with which the country will probably compete with Bitcoin. However, the expert analysts found that China’s digital fiat is not actually a real cryptocurrency and will only resemble one on the surface. Aside from this, the coin...
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Bitcoin’s Satoshi Reveal Part 2: Lost Private Key, the CIA, & the Godfather

In part two of his ‘Satoshi reveal’, self-proclaimed Bitcoin creator Bilal Khalid unveils where all his bitcoins are and much, much more. | Source: (i) Satoshinrh.com (ii) Shutterstock; Edited by CCN By CCN Markets: The second part of the Satoshi reveal by the (new) self-proclaimed inventor of Bitcoin proved to be even more outrageous than the...
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Terrorist Group Turns to Bitcoin for Funding

Based on a recent report, Hamas, a Palestinian militant group has now been declared a terrorist organization by the Western Government. Due to this declaration, the group is not able to make use of any of the resources provide by the native financial system, as it is now red flaged. Therefore, the group’s military department...
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Ripple And Santander – XRP Is Going Nowhere, But Fanboys Still Won’t Listen

Ripple has been in the headlines today, as the Spanish bank Santander confirmed plans to extend the use of Ripple’s xCurrent network. The banking behemoth will be rolling out its One Pay FX mobile app to customers in Latin America, enabling a payment gateway for sending funds to the U.S. The XRP price jumped from...
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Bitcoin Reaches “Do-Or-Die” Level After Overnight Pump

After posting a strong recovery from its recent lows of $9,500, Bitcoin (BTC) has been able to further extend its upwards momentum and is now nearing the next key price hurdle that could determine which direction it trends in the near-term.Bitcoin’s surge from its weekly lows of $9,500 signals that buyers are currently in control...
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Fire Every One of These Traitorous CEOs Who Blew Off Shareholders

Almost 200 CEOs have signed a statement to redefine a corporation’s purpose. Is it just PR, or are they undermining their fiduciary duty? | Source: Shutterstock By CCN Markets: A group of 181 CEOs of publicly held companies trading in the stock market has proclaimed their intent to put the wealth-destroying values of anti-capitalists ahead...
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Report: Israeli Bitcoiners Petition Banks to Disclose Crypto Policies

A crypto nonprofit is petitioning for Israeli banks to disclose their policies on crypto-related funds
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Winklevoss’ Gemini Crypto Exchange Hires New Chief Security Officer

Gemini, the cryptocurrency exchange and custody founded by the Winklevoss twins, has hired cybersecurity expert David Damato as its new chief security officer (CSO). Damato was previously the CSO of cybersecurity firm Tanium.  Tyler Winklevoss announced the new hire in an official blog post on Aug. 19. According to the blog, Damato previously created and...
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Did Bitcoin’s Most Controversial Twitter Handle Just Change Hands?

The @Bitcoin Twitter handle appeared to switch allegiances when it deleted old pro-BCH posts, and redirected the Bitcoin whitepaper. But why? | Source: Shutterstock By CCN Markets: The long-running conflict between Bitcoin (BTC) and Bitcoin Cash (BCH) supporters took another turn on Monday. The @Bitcoin Twitter handle, which previously showed support for the BCH community,...
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Santander Group to offer Ripple powered service to Latin America

Santander Group unveiled its plan to expand services associated with Ripple technology. With the aim of building an efficient payment gateway, the bank wants to deliver services to Latin American customers so that they can carry out transactions and send the money effectively to the US without any charges. Currently, only U.K. and Spain-based customers...
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IOTA Bounces Back Well, Prices may Rise Further

IOTA was priced at $0.25 on 14-Aug-19, and the movement of the coin was bullish. There were two sharp falls, and the price of the coin fell to the level of $0.22 on the same day at 17:05 UTC. The next day prices did rise, however, fell again to the same level of $0.22. Since 15-Aug-19...
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Coinbase Confessed To Have Put Traders’ Funds At Risk

Coinbase confessed that it had put the funds of the traders at risk and stated that they could have lost funds in the latest blog post as we read in the latest cryptocurrency news today. The largest cryptocurrency exchange revealed that an error in the system has managed to save the customer’s information on Coinbase...
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Coinbase at Violet Hacks

Recently, Coinbase had the honor of partnering with The Violet Society, an organization whose mission is to build community and career mentorship for women and gender-nonbinary professionals in the tech industry, by sponsoring Violet Hacks, a hackathon where a group of about 200 of these professionals gathered to design, build, and pitch various products to...
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Crypto CEO Questions Telegram Over Lack of Development Since ICO

Long-time Bitcoin proponent and CEO at BullBitcoin.com Francis Pouliot is concerned about the lack of progress made by the company behind the instant messaging application Telegram towards its crypto ambitions. The company sold tokens to investors last year, raising $1.7 billion in the process.Telegram had promoted the project, called the Telegram Open Network (TON) as...
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As US Expands Subprime Mortgage Program, Is a New Crisis Looming?

The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social groups buying a first home, critics fear a new...
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