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...Read More
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:...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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,...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
Many deem Binance’s newly announced Venus stablecoin project as a competitor to Facebook’s Libra crypto. But Binance’s CZ says otherwise. | Source: (i) REUTERS / Darrin Zammit Lupi (ii) Shutterstock: Edited by CCN By CCN Markets: Binance has announced today its Venus stablecoin project that many deem as a competitor to Facebook’s upcoming Libra crypto....Read More
Bitfinex and Tether must continue turning documents about an alleged $850 million cover up over to the New York Attorney General (NYAG), a judge ruled Monday. New York Supreme Court Judge Joel M. Cohen ruled that the crypto exchange and stablecoin issuer would have to have to continue turning over documents about a loan the...Read More
The social media platform Meetup is widely popular as a community tool and can be a useful metric in measuring the robustness of a community. A recent analysis of the level of engagement various cryptocurrencies face on Meetup had telling results. Founder and editor of ‘On-The-Chain’, a blockchain and cryptocurrency-based newsletter, Cole Kennedy conducted the...Read More
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community, and one of its largest banks has engaged in multiple crypto projects. Also...Read More
S&P 500 stock Estee Lauder is pricey, but there may be another way for investors to play retail and capitalize on strong consumers. | Source: Shutterstock By CCN Markets: The S&P 500 is comprised of nearly a dozen sectors, all of which traded in the green today. Leading the charge is skincare stock Estee Lauder,...Read More
Quantstamp, a blockchain security company developing automated security tools such as the Quantstamp Security Network, has announced it is open-sourcing the code for its bounty protocol. A bounty protocol is a marketplace for developers to identify bugs in smart contracts that automation cannot detect. The bounty protocol has the potential to leverage software engineering talent...Read More
Since April of this year when Bitcoin first spiked over $1,000 in a matter of minutes, sending the first-ever crypto asset out of its bear market depths, Bitcoin dominance has soared, indicating that much of Bitcoin’s rally was fueled by altcoin-driven selling. The impact can be seen in both Bitcoin’s price outperforming most altcoins by...Read More
For all the theoretical debates raging across the Twittersphere, it’s hard to find concrete evidence that cryptocurrencies are helping the poor and unbanked. Meanwhile, outside the notice of crypto pundits, an independent aid campaign is making practical use of cryptocurrencies to help flood victims in Iran, right now. [embedded content] Last week, IranRescueBit began its...Read More
Cryptocurrency derivatives exchange BitMEX has discontinued offering services to the users of three countries. Fun fact: it has offices in those regions. BitMEX said in a statement issued today that it is limiting access to users residing in Seychelles, Hong Kong, and Bermuda. The Seychelles-based exchange stated that it decided to go ahead with its decision...Read More
Social media giant Facebook has been under the spotlight for quite some time, following its entry into the crypto world with its coin Libra. In recent news, six lawmakers from the U.S. are said to visit Switzerland to further discuss the launch of the cryptocurrency. Despite the obstacles Libra is facing, the Libra testnet is...Read More
How the Fab Five Fared In aggregate since yesterday, the “fab five” — Litecoin, Bitcoin, Bitcoin Cash, Ethereum, and Ripple — were up 1.9%. Out of the aforementioned five, Ethereum gave investors the best daily return; it was up 4.89%, which has its price now near $194.77 USD. On the flip side, the worst performer...Read More
Bakkt is a platform for institutional investors and anyone else to buy bitcoin through its legally compliant system. | Source: Shutterstock By CCN Markets: Most cryptocurrency enthusiasts have been waiting for the launch of bitcoin futures trading platform Bakkt. Recently, the crypto community rejoiced as the ICE-operated company announced the official launch date of Sept....Read More
Self-proclaimed Bitcoin creator Craig Wright was exposed again this week – this time by Microsoft Office. The comedy of errors continues… | Source: YouTube (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Self-proclaimed Bitcoin creator Craig Wright popped up to remind everyone of his existence this week. While yet another ‘Faketoshi’ showed up...Read More
