August 20, 2019

Kraken OTC Desk Head: Trading Volume Has Increased 2,000% Since 2018

Kraken’s head of over-the-counter trading says its monthly OTC trading is 20 times greater than in 2018
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E-Commerce Giant Rakuten Launched Its Own Crypto Exchange

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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Hong Kong Demonstrations Strengthen Bitcoin’s Safe-Haven Status

A new Bitcoin skeptic is featured in the latest cryptocurrency news – providing analysis that is contrary to the arguments of the Bitcoin bulls. As the skeptic believes, Bitcoin is not a hedge against anything – much less the stock market. But before we dive in his analysis, let’s explore the term hedge. A “hedge”...
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Austrian Telecom A1 Accepting Crypto in Select Shops Using Salamantex

Major Austrian telecom operator A1 now accepts 6 cryptos as payment in 7 shops in Austria
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Blockchain Firm TZero Adds Ravencoin to Supported Cryptocurrencies

Blockchain company tZero added Ravencoin (RVN) to the list of cryptocurrencies supported by its tZero Crypto cryptocurrency wallet and trading app. Ravencoin now supported on the tZero app TZero announced in a press release published on Aug. 20 that Ravencoin will be joining Bitcoin (BTC) and Ether (ETH) among the cryptocurrencies supported by its trading...
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Hong Kong Protests Continue Fueling Money Flight, Will it Affect Bitcoin?

Anti-government demonstrations entered their eleventh week with a defiant march in Hong Kong’s Central district on Sunday. The threat of violence and civil unrest has led to increasing uncertainty over the city’s future. And anxious residents are responding by moving money out of Hong Kong, a move that could increase the inflow into bitcoin.Hong Kong...
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Polkadot joins hands with Blockchain.com to drive DOT token adoption

The Polkadot network could soon see a big boost in the adoption of its native DOT token. Blockchain—a Luxembourg-based cryptocurrency exchange and digital wallet provider with over 41 million registered users—announced today that it has partnered with Polkadot in a push to “accelerate the adoption and decentralization of Polkadot tokens.” Users of the Blockchain exchange...
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South Korean Exchange, Prixbit Shuts Down Officially

Prixbit, a digital currency exchange in South Korea has now closed down officially. This new development was announced in a website post on the 9th of August where the exchange made it known that it will be halting all operations. The founder of the cryptocurrency exchange said: “Due to negative internal and external influences, management...
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SEC Settles with ICO Service Over Undisclosed Payments for Positive Reviews

The Securities and Exchange Commission (SEC) has fined Russia-based analytics firm ICORating for failure to disclose payments for positive reviews to various projects. Today the SEC announced a $268,998 settlement with ICORating for projects rated from December 2017 through July 2018. According to the SEC, projects rated by ICORating during that time raised funds through...
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How Do Crypto Exchanges Select Coins, What Does It Take to Get Listed?

Binance.US, an upcoming subsidiary of one of the world’s leading cryptocurrency exchanges that will be compliant to operate within the United States, has recently gotten investors excited with an announcement that the platform was reviewing 30 new assets for listing. Importantly, the news also shed some light on the Digital Asset Risk Assessment Framework —...
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Japan’s Largest Gift Card Exchange Expanding Internationally With Blockchain Firm

Japan’s largest gift card exchange plans to use blockchain to spur its next phase of growth. Amaten, a secondary marketplace for gift cards, announced a partnership with the Singapore-based cloud computing startup Aelf, according to a statement published August 20. The exchange plans to scale its operations internationally using Aelf’s enterprise-oriented blockchain platform. Founded in 2012, Amaten...
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Square Crypto Hires Matt Corallo to Boost Bitcoin Development

Square Crypto, the division of the publicly traded payments company that focuses exclusively on bitcoin, just hired one of the world’s most prolific bitcoin developers. Chaincode Labs alum and Blockstream co-founder Matt Corallo previously authored notable efficiency improvements such as the rust-lightning implementation, which makes it easier for users to build and interact with layers...
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Messari Disclosures Registry Tops 50 Cryptocurrencies With 11 New Additions

Eleven crypto projects announced Tuesday they had joined the Messari Disclosures Registry, including four top-100 projects by market cap: Cardano, Lisk, V Systems and Beam. The new batch of crypto assets brings the total number of projects listed on the registry to 54. It launched with 12 projects in November 2018. “The ability to find basic...
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Binance Relaunches Its iOS App

Cryptocurrency exchange Binance has announced that its iOS app is now live.  Binance’s app first appeared on the App Store in October 2018, but it was summarily taken off in May 2019. In a blog post published on August 19, 2019, the exchange revealed that the Binance iOS app (V1.7.1) is now one again live on...
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Cartoon: Bitcoin Baby

Some commentators have dismissed Bitcoin as a joke compared to blockchain technology, but Bitcoin is proving to be more resilient as a decentralized and truly novel approach to financial services. Most blockchain implementations in the financial service industry deliver cost efficiencies, but are still permission-based, which makes them similar to other centralized technologies. However, by...
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How the PlusToken Scam Absconded With Over 1 Percent of the Bitcoin Supply

On June 27, 2019, a handful of leaders for a wildly popular ponzi scheme that spread across Asia were arrested by Chinese authorities after they managed to fleece unwitting customers out of roughly $3 billion.  PlusToken, as it was called, promised its “investors” monthly returns of anywhere from 10 to 30 percent in its eponymous...
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Bitcoin’s Growing UTXO Problem and How Utreexo Can Help Solve It

Scalability is still a point of concern for Bitcoin — but clever minds continue to produce innovative proposals to resolve bottlenecks. One of the specific scalability concerns is the growth of the unspent transaction output (UTXO) data set held by Bitcoin nodes. This is the list of all (fractions of) bitcoin in existence and details...
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Netflix Is Toast as It Faces Apple’s $6 Billion Streaming Investment

Apple announced a massive increase in its programming budget and a price point that undercuts Netflix. | Source: Shutterstock; Edited by CCN By CCN Markets: The walls are closing in on Netflix. Apple is not only going to debut its streaming video service within the next two months but has boosted spending on its service...
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EU Antitrust Regulators Scrutinise Facebook’s “Cryptocurrency” Project

Facebook’s Libra project has been questioned by European Union anti-trust regulators. They are concerned about the project, popularly referred to as a cryptocurrency, restricting competition.Libra has been subject to immense scrutiny already from global policy and law makers. In fact, the company recently admitted that the regulatory pressure might force it to postpone or even...
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Binance Coin and Chainlink at pivotal trading points while TRON remains bearish

The recent market upswing took many investors into the bullish side once again. Even though the surge was seen across the entire industry, most altcoins lost the value they gained yesterday. This technical analysis will evaluate whether Binance Coin, TRON, or Chainlink have a chance to continue rising. Binance Coin Binance was in the spotlight...
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Bitcoin’s price activity could be hit by a series of impending market events, claims Skew Markets

The virtual asset industry hardly ever remains quiet for a long period of time. However, the price of the world’s largest cryptocurrency was pretty timid, at press time. Source: trading view Bitcoin’s price went up on the back of a tremendous run which started in April, with the valuation climbing by over 180% percent. Since...
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EDAG Group Reveals IOTA-Powered Parking App

EDAG group, a German engineering company focused on the automotive sector, has developed trive.park, an app that lets users book parking spaces provided by its operator partners. The innovative aspect of the app is how it manages payments: while users pay through commonly-accepted methods, the app uses IOTA’s Tangle to process user payments internally, automating...
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Erik Finman: My Cryptocurrency Will Kill Libra – and Replace Bitcoin

Crypto millionaire Erik Finman says bitcoin is being replaced by Facebook’s Libra. But he says his app Metal Pay is the “Libra killer.” | Source: Erik Finman/Twitter (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Crypto millionaire Erik Finman says bitcoin “is being replaced” by Facebook’s Libra. But he insists his cryptocurrency, Metal...
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Snowden Talks Up Monero And Zcash, But Is Privacy Still Possible?

Edward Snowden is always the main event, no matter where he talks. It’s no surprise that the NSA whistleblower was the main event at the Web3 Berlin Summit, held in the former radio broadcasting center of the German Democratic Republic. Speaking for an hour via video-link from Moscow, Snowden appeared vaguely Orwellian on two large...
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Cardano Dips Below 0.049183 Level, Down 2% By Investing.com

Cardano Dips Below 0.049183 Level, Down 2% Investing.com – fell bellow the $0.049183 level on Tuesday. Cardano was trading at 0.049183 by 14:47 (18:47 GMT) on the Investing.com Index, down 1.91% on the day. It was the largest one-day percentage loss since August 14. The move downwards pushed Cardano’s market cap down to $1.27598B, or...
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Why Winklevoss Twins Say Trust In Libra Cryptocurrency, Not Facebook

It’s been over a month since Head of Calibra, David Marcus faced a grilling at the hands of the Senate Committee. And considering Facebook’s track record on misuse of personal data, many predicted that Marcus would be walking into an inquisition.But despite that, there’s no denying that Libra jolted lawmakers into finally taking cryptocurrency seriously....
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$16B James Bond Franchise Goes Back to Basics with No Time to Die

Daniel Craig is very clearly present, possibly to address any concerns that he would not be returning for the role he’s tired of. | Source: AP Photo/Leo Hudson, File By CCN Markets: The official James Bond Twitter account just announced the 25th movie in the 007 series will be entitled “007: No Time to Die.” Forbes...
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Bitcoin Maximalist Sceptical of @Bitcoin’s Pivot from BCH

Author, professor, and staunch Bitcoin maximalist Saifedean Ammous is sceptical about the seemingly overnight change of allegiances at the Twitter account @Bitcoin. The Twitter account that was clearly affiliated with the Bitcoin Cash, despite its name, now expresses pro-BTC sentiment.Ammous smells a rat, however. The Lebanese professor speculates that a switch back to promoting Bitcoin...
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Bitcoin’s Safe Haven Status Now More Relevant Than Ever

Bitcoin has consolidated its safe-haven status especially amid the mass demonstrations in Hong Kong and global uncertainty, Circle CEO Jeremy Allaire hinted in an interview with CNBC’s Squawk Box. Circle CEO Sees Increased Demand from Holders On August 19, Circle’s Allaire said that investors were still attracted by non-sovereign digital assets such as Bitcoin. The...
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Major Coins Report Mild Losses, Bitcoin Price Hovers Around $10,700

Almost all top-20 coins by market cap are in the red today, with Ethereum Classic and Bitcoin price the primary exceptions
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