Cryptocurrency News

Waves DEX Now Supports Ethereum-Based ERC-20 Tokens

According to a recent report, support for Ethereum-based (ETH) ERC-20 standard compliant tokens is now available on Waves’ decentralised exchange (DEX). The exchange which recently launched a new gateway with Vostok and Ergo tokens support made it known on the 22nd of August that Waves‘ built-in DEX now supports ERC-20 tokens. Also, the team at...
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Thai SEC Cautions Public Against New Crypto Scam Operating Overseas

The Thai Securities and Exchange Commission (SEC) has issued a warning to the general public regarding a fraudulent firm which is depicting itself as a legal cryptocurrency trading firms operating overseas. The Thai securities regulator has become aware of a new crypto fraud which lures investors to operate with firms outside the country. Also, the...
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Crypto Scammers Meet Their Match in Texas Securities Chief Joe Rotunda

By CCN Markets: Crypto fraudsters beware. Texas’ top securities chief is watching you like a hawk, and he’s not a fan of your scammy ICO. He’s Joe Rotunda, Director of the Enforcement Division for the Texas State Securities Board. He’s held the position for the last 12 years. Joe Rotunda, Director of the Enforcement Division...
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Bitcoin Price Stumbles 8% in 5-Day Slide as Traders’ Fears Rise

By CCN Markets: The bitcoin price has declined by more than 8 percent in the past week from $10.950 to $10,030 across major exchanges like Bitstamp and Coinbase. The bitcoin price remains stable throughout the weekend. | Source: Coinmarketcap The bitcoin price tried to test the $10,900 to $11,000 range that has acted as a...
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California Man Admits Masterminding $25 Million Bitcoin Launder Fest

By CCN Markets: One of the reasons governments have been against the adoption of bitcoin is because of its potential to be misused for illegal activities such as money laundering, and the latest report from Los Angeles, California, will give the detractors more fodder. A Los Angeles man has agreed to plead guilty to running...
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How to Buy Stellar Lumens (XLM) – Best Places to Buy XLM

Stellar is a decentralized blockchain project with a focus on making global money transfers cheaper, quicker, and reliable. The Stellar team seeks to link banks, payment systems, and individuals. Stellar believes that for growth, the global financial system should be accessible and open to everyone. Stellar is an open-source payment technology that shares several similarities...
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Female Hacker Fesses Up to 100,000 XRP Fraud Down Under

Another day, another cryptocurrency theft. | Source: Shutterstock By CCN Markets: 7News Sydney reports that Katherine Nguyen is the first-ever Australian resident to plead guilty for cryptocurrency fraud after stealing 100,000 XRP. In 2018, twenty-four-year-old Nguyen hijacked the email account of an elderly man of the same surname for two days before handing back access....
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Overstock Will Champion Crypto Despite Cheerleader Byrne’s Exit

Overstock will continue its crypto and blockchain-centric focus despite Patrick Byrne’s exit. | Source: YouTube By CCN Markets: Online retail giant Overstock remains committed to its crypto and blockchain ventures despite the shocking resignation of CEO Patrick Byrne, a longtime bitcoin bull. Overstock’s interim CEO Jonathan Johnson told Yahoo Finance the company will “absolutely” continue...
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Poloniex Set to Repay Flash Crash Losses, Victims Are Not Happy

Some traders on the Poloniex owned crypto Margin trading platform lost a lot of money towards the end of May 2019, when the value of a less popular crypto asset —CLAM experienced an unexpected sharp crash. This led to the overall loss of approximately 1,800 Bitcoins (BTC). While trying to make things right for the...
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The Bitcoin Price Just Did Something It’s NEVER Done Before

The bitcoin price just did something it has NEVER done before, and it’s great news for bulls who view crypto as a stock market hedge. | Source: Shutterstock By CCN Markets: Bitcoin has been hawked as a safe haven asset for quite some time now, with bulls crediting the rising price of the cryptocurrency in...
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Executive at Ripple Reveals That MoneyGram Has Positively Impacted XRP Volume

According to a recent report, Breanne M. Madigan, the head of global institutional markets team at Ripple which recently formed a partnership with cross border payments giant MoneyGram has made it known that the partnership is already increasing the overall trading volume of XRP. She revealed new numbers from Cryptocompare which revealed that the volume...
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Bitcoin Bull John McAfee Shills Zombie ICO: ‘You’ve Been Warned’

Bitcoin bull and IRS fugitive John McAfee is shamelessly shilling a Chinese zombie ICO, and he doesn’t want to hear any lip about it. | Source: John McAfee/Twitter (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Bitcoin bull and IRS fugitive John McAfee is shamelessly shilling a Chinese zombie cryptocurrency ICO — and...
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Mark Carney’s Dollar-Killer Digital Currency Threatens Bitcoin

Mark Carney, governor of the Bank of England (BOE), has a plan to challenge the dollar’s dominance. | Source: Photo by Chris J Ratcliffe / POOL / AFP By CCN Markets: Mark Carney wants the US dollar to lose its status as the global reserve currency, pitching the idea that a digital currency could take...
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Bitcoin is Behaving like Gold did in the 1970s, Says Bitwise Head of Research

Matt Hougan, the head of the global research company Bitwise, sees similarities between the remarkable surge of the Bitcoin price and the trajectory that the Gold price took during the 1970s. He believes the current Bitcoin price volatility is the modern-day equivalent of the Gold run in the 70s. In an article for Forbes, Hougan...
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Top Pro Athletes Like Messi Would Make a Killing in Bitcoin Earnings

According to Messari research, Lionel Messi’s take-home pay would be “12,700 $BTC” annually. Cristiano Ronaldo’s would be 10,000 bitcoins. | Source: REUTERS / Albert Gea By CCN Markets: Russell Okung, who plays for the Los Angeles Chargers in the NFL, has been pushing for the league to pay those multi-million-dollar salaries in bitcoin. You could...
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Trump Ups the Ante on China While Bitcoin & Gold Shine Bright

As Charles Schwab’s Liz Ann Sonders points out, this rift between President Trump and China is no longer just a “skirmish.”  | Source: Shutterstock By CCN Markets: China had to see this one coming. After China President Xi Jinping revealed his intentions to slap fresh tariffs on $75 billion in U.S. goods, President Trump raised...
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Crypto Exchange OKEx Pounds the Table on 34% Bitcoin Price Surge

Crypto exchange OKEx believes the bitcoin price will surge 34% to $14,000 this year, thanks to a little help from the Federal Reserve. | Source: Shutterstock By CCN Markets: Crypto exchange OKEx isn’t concerned that the bitcoin price appears to have hit a wall just above the $10,000 mark. In fact, the industry giant believes...
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Facebook’s Libra Backers Are Having Second Thoughts. No Surprise Here

Facebook’s Libra may have some early ship-jumpers as some of its first backers are reportedly distancing themselves from the project over regulation. | Source: AP Photo/Marcio Jose Sanchez, File By CCN Markets: Facebook’s Libra project could be dead on arrival. If it does launch, it probably won’t be anything like what was originally proposed by...
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Blockchain Bitcoin Wallet Integrates BitPay

Bitcoin wallet and block explorer Blockchain, which has more than 41 million users, has revealed today that now has BitPay integration. This new integration now enables Blockchain users to make Bitcoin transactions with any merchant that uses BitPay. “And today, spending crypto from your phone or online is even easier thanks to a new integration...
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Bitcoin ATM Scooped Up from Mall by Two Thieves

Earlier this month, in a mall in Lynnwood, Washington, two men went in and stole a Bitcoin ATM. According to security footage, the alleged thieves went into the mall, but as it turns out not for a shopping spree. After the stores closed at 9 p.m., but the mall was still open, the men came...
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Siam Commercial Bank (SCB) Confirms Using Ripple to Power its Cross-Border Payments Platform

According to a recent report, Siam Commercial Bank (SCB), the largest commercial bank in Thailand has officially made it known that it has started conducting cross-border payments through Ripple via its Easy Pay app, and the firm has updated its website with a detailed description of ways in which it will be making use of...
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Watch ‘Bitcoin Joe’ Kernen DESTROY Libra With 5 Punches

Watch “Bitcoin Joe” Kernen of CNBC absolutely destroy Facebook’s Libra cryptocurrency with five deft punches. | Source: CNBC/YouTube (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Facebook’s Libra cryptocurrency isn’t getting any love from CNBC host Joe Kernen, better known on Crypto Twitter as “Bitcoin Joe.” Reacting to a report indicating that founding...
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Scammers Steal $230K Worth of Bitcoin in Twitter Scheme

Two HitBTC impersonators have been charged with fraud and money laundering after swindling a US citizen out of $200,000 Bitcoin through Twitter. According to the U.S. Attorney in the District of Oregon Billy J. Williams, the two accused, Karanjit Singh Khatkar and Jagroop Singh Khatkar, have been charged with committing wire fraud, money laundering in...
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Canadian Bitcoin Scammers Fool U.S. Citizen in $230K Twitter Spoof

US authorities are on the trail of a duo of Canadian bitcoin scammers who are still at large. | Source: Shutterstock By CCN Markets: Two Indo-Canadians are facing fraud and money laundering charges in the U.S. after they ripped an Oregonian off their Bitcoin worth over $200,000. In a statement, U.S. Attorney in the District...
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Tim Draper: Bitcoin ‘Magic’ Will Dwarf Internet’s Game-Changing Impact

Billionaire Tim Draper says the far-reaching impact of bitcoin “magic” will dwarf the sprawling influence that even the internet has had. | Source: REUTERS / Danny Moloshok (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Tech billionaire Tim Draper says the far-reaching impact of bitcoin “magic” will dwarf the sprawling influence that even...
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15% Ethereum Classic Pump Stokes Giddy Altcoin Season Dream

Ethereum Classic is making significant gains while trading on Friday. | Source: Shutterstock By CCN Markets: Ethereum Classic (ETC) is currently on a massive bull run this week, increasing its price by 30% in three days. The cryptocurrency continued its surge steadily today, skyrocketing its value by over 15% today. $ETC #EthereumClassic making a bit...
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Members of Libra Association Wary of Supporting Facebook Currency

According to a new report from the Financial Times, two members of the Libra Association, a group designed to support the Libra currency, are starting to have doubts regarding Facebook’s project. As regulators have been trying to stop the new currency from being launched, Facebook is worried that it will continue to face the regulatory...
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Coinbase Dapps Can Now be Accessed Via Desktop Browsers

Coinbase officially announced that users will have the possibility of accessing DApps (decentralized applications) through their desktop browsers. According to the blog post, this new accessibility is due to Coinbase Wallet’s WalletLink service, with WalletLink acting as a secure bridge between the user’s desktop browser and Coinbase Wallet app. “ Starting today, Coinbase Wallet users...
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Asian Crypto Exchanges Crashed Due to Amazon’s AWS Cloud Servers

The Tokyo-based servers have from Amazon experienced some issues which caused Asians crypto exchanges to have operational problems. The CEO of Binance, Changpeng Zhao took to Twitter to alert users of this issue, stating that “Amazon’s servers are returning 500 Internal Server Error, blocking access to APIs related to the processing of withdrawals.” The servers...
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Mainstream News Trumpets Bitcoin, Gold as Global Recession Hedge

Retail and institutional investors alike are increasingly turning to safe-haven assets like gold and bitcoin. | Source: Shutterstock By CCN Markets: As the fear of an upcoming global recession is continuously surging, the interest in safe haven assets, like bitcoin and gold, is growing too. And now a major Australian news publication deems the two...
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