The assigned liquidator for the collapsed New Zealand-based cryptocurrency exchange Cryptopia says it’s making progress in determining customer holdings, but that the management of user funds by the exchange has caused delays. Professional services firm Grant Thornton New Zealand was assigned to oversee the liquidation process in May, after the exchange had failed to recover from...Read More
A prolonged rainstorm in China’s Sichuan province has caused land- and mudslides, forcing some local hydropower plants and bitcoin miners to halt operations. Heavy rain has been drenching Sichuan’s mountainous Aba prefecture since Monday, with landslides now affecting 17 counties in the area, according to local government social media posts on Tuesday. Among them, the Wenchuan county appears...Read More
U.S. Secretary of State Michael Pompeo has said he believes that cryptocurrencies should be regulated in the same way as financial institutions. In an interview with CNBC’s Squawk Box on Tuesday, Pompeo was asked how best to regulate Facebook’s Libra or bitcoin. He responded: “My sense is this: We should use the same framework that we...Read More
AUGUST 22, 2019 – The HYPE Project (https://hypetoken.io) has launched a social tokenomics experiment to test the crowd’s ability to collectively manage and control the inflation and deflation of a tokenomy. This free-for-all experiment is currently in its initial distribution (airdrops) phase and users are encouraged to participate in the experiment by voting for the...Read More
Ethereum’s cryptocurrency, ether, is losing altitude, with signs suggesting the asset has ended a bull market from December lows with a drop below $200 last week. The second-largest cryptocurrency by market capitalization is currently trading at $183 on Bitfinex, representing a 7.3 percent drop on a 24-hour basis. Prices fell 10.18 percent last week and...Read More
Recently Peter Wuille introduced a new smart contract language for the Bitcoin code called Miniscript. Peter, who is known for creating the SegWit code, says he has been working on this for about a year. In recent news, Peter Wuille, the creator of SegWit has come out with a new work. This time it is...Read More
Cryptocurrencies have changed the world of every sector and the field. It has become an integral part of gambling and online betting. With the arrival of blockchain, the demand for digital currency has risen in almost every sector. With its intense security, 100 percent transparency, anonymity, and many other features it is predictable that it...Read More
As the stablecoin wars continue to heat up, Tether has hinted the launch of a new stablecoin – one pegged 1:1 to the Chinese Yuan. The announcement comes barely a day after the world’s largest crypto exchange Binance revealed its plans to launch its stablecoin dubbed ‘Venus’ on Binance Chain. Revealing the news exclusively to...Read More
<div innerhtml=" Is bitcoin a new digital gold? That’s the question on everyone’s mind recently. Is bitcoin the new gold? Yes … but it’s gold circa 1973. (Photo by Ulrich Baumgarten via Getty Images) U. Baumgarten via Getty Images Over the weekend, Barron’s laid out the skeptical case in an article titled “Is Bitcoin A...Read More
Ever wonder why there are so many top exchanges you’ve never heard of? If so, you might not be the only one. A recent report by CryptoCompare found that exchange-reported trading volumes remain far away from reality. In its July 2019 Exchange Review, the cryptocurrency data and indices provider gathered statistics that suggest the crypto...Read More
Litecoin has seen a further 5% price decrease over the past 24 hours, which has brought the price of the cryptocurrency down to $70. This latest price drop is mostly a result of Bitcoin dropping back beneath the $10,000 region as things start to look bleak for the overall cryptocurrency market. Litecoin remains the fifth-largest...Read More
In Watch Dogs Legion, the British pound has collapsed, and even the bankers have been forced to go “full crypto.” | Source: Ubisoft/Facebook (i), Shutterstock (ii). Image Edited by CCN By CCN Markets: We already knew that cryptocurrency would play a central role in the economy of Watch Dogs Legion. Now we know that even...Read More
Ripple has been touted as a disrupter in many ways to the legacy remittance service platforms; with the partnership with London-based remittance firm, Xendpay, Ripple is all set to extend the former’s initiative of ‘optional transfer fees’, where customers are given an option to waive fees with a service called Pay What You Want. According...Read More
Securitize, a platform and protocol for issuing and managing compliant digital securities on the blockchain, announced today it is now an SEC-registered transfer agent. This registration enables Securitize to act as a transfer agent for digital securities registered with the SEC, as well as for issuers of Reg A+ and Reg CF digital securities who...Read More
Security token offerings are still a very niche market. While there is merit to this model compared to ICOs, investors have cooled off on blindly investing in tokens and assets. In Europe, things are not looking all that bad, despite some initial growing pains along the way. A healthy increase in successful tokenized projects shows...Read More
Silk Road founder Ross Ulbricht has spent six years in prison and has 34 years and two life sentences to go unless a petition spearheaded by his mother and sister lead to a grant of clemency. 195K Signatures and Counting For Ulbricht A petition seeking clemency for Silk Road founder Ross Ulbricht is quickly approaching...Read More
The Reserve Bank of India (RBI) did not correctly respond to the presentation that could have removed the necessity of banning bitcoin trading in the country, found the apex court.The Supreme Court of India noted in a hearing today that the central bank forwarded the presentation to the government. But what it should have done...Read More
Facebook the highly controversial social media giant developing the Libra global stablecoin, is in talks with Indonesian digital payment platforms and fintech firms to enable it to launch a WhatsApp-based mobile payments service in the region, reports Reuters on August 20, 2019. Facebook Interested in Indonesia In a bid to take advantage of Indonesia’s rapidly...Read More
Trading signals for Bitcoin are turning ‘extremely bearish’ as the cryptocurrency’s wild upside of HY2019 comes close to its exhaustion.According to market analyst Chonis Trading, the moving average convergence divergence (MACD) oscillator on bitcoin’s weekly charts is looking to flip to indicate its bearish bias. The indicator is one of the most popular ones among...Read More
The U.S. Congress has taken an interest in blockchain technology, and some crypto companies are starting to engage with it―which ones, and why? Cryptocurrency has been under scrutiny from the U.S. government (and its associated regulators) for some time now. For example, in 2017, the U.S. SEC started to examine ICOs and began to treat...Read More
Markets have taken a turn for the worse as North American investors reacted to the SEC’s latest pronouncements for future token sales. Based on the new guidance, regulators will continue to treat all token sales as likely securities for the foreseeable future. Markets fell more than $17bn since Wednesday morning. Digital assets across the board...Read More
Need convincing reasons to purchase Bitcoin? President Trump signed a financial agreement that increases the US national debt by about $22.5 Trillion. To some people, Bitcoin is money, while to some people Bitcoin can be multiple things depending on how it is utilised. A long term investment, a trading vehicle for short term profits, a...Read More
The United States Securities and Exchange Commission (SEC) has registered Securitize, a digital securities platform backed by crypto exchange Coinbase, as a transfer agent, according to a press release published on Finextra on Aug. 21. Securitize — which claims to be the first transfer agent with a working blockchain protocol and active securities issuers registered...Read More
Following a strong rally back toward $11,000 that was stopped roughly $50 short, Bitcoin price has now broken back below $10,000 yet another time during the month of August.The post appeared first on NewsBTCRead More
New findings have revealed that controversial stablecoin issuer, Tether, is seemingly working on a new stablecoin project dubbed “CNHT”. The new stable coin will be pegged to the offshore Chinese official fiat currency Renminbi (RMB/CNY). This was confirmed today by Zhao Dong, a shareholder at Bitfinex, a cryptocurrency exchange owned by iFinex Inc., which is...Read More
Photo: A1 Austria’s telecommunications giant and the country’s largest mobile service provider A1 has officially announced accepting cryptocurrency payments at some of its store locations across Austria. In the official announcement, A1 states that in its pilot project, they will accept cryptocurrency payments at some A1 shops while demonstrating global businesses that integrating digital currency...Read More
About Guarda Gaining more positive user testimonials, Guarda wallet is slowly but surely becoming a prominent name within the crypto sphere. Mostly known for providing users with an all-encompassing, multi-platform cryptocurrency wallet, Guarda also offers web-based cryptocurrency purchase options and prepaid cards. The lightweight, multi-currency wallet allows users to always remain in control of their...Read More
Ripple is moving back towards the $0.2500 level after the third largest cryptocurrency suffered a technical rejection from the $0.2930 level Ripple buyers need to form a bullish double-bottom or a further decline towards the $0.2000 level is possible. Ripple is back under selling pressure on Wednesday after the third largest cryptocurrency was swiftly rejected...Read More
IOTA’s Tangle is to provide trive.me’s app, trive.park, with distributed ledger technology for its parking payment solution. The technology intends to deliver secure, open-source and fee-free machine to machine micropayments functionality. The trive.me app is being developed as part of the EDAG Group, is a data and payment platform through which operators can digitise their...Read More
Bitcoin price predictions have been coming thick and fast in recent months as the world’s top digital asset recovers from an almost year-long bear market. Some are just pie in the sky, but others have delved deeper into what could drive BTC prices to a new all-time high in the months ahead. Scarcity Will Increase...Read More
