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Charlie Lee Says Litecoin Is Still Alive and Kicking
12.8.2019
Charlie Lee. Source: a video screenshot, Youtube, Real Vision Finance
Litecoin founder Charlie Lee has taken to Twitter to claim that his project is alive and well – despite an apparent lack of recent activity.
Lee stated that he “just wanted to set the record straight” with his posts, and began...
Bitcoin and Altcoins Target Fresh Monthly Lows
12.8.2019
This past week, bitcoin price traded to a new monthly high close to USD 12,320 before starting a major downside correction. BTC/USD broke the key USD 11,800 and USD 11,500 support levels. It tested the USD 11,200 support area and is currently (08:00 UTC) correcting higher. However, upsides...
Is China on the Verge of Releasing a Digital Fiat?
12.8.2019
China’s central bank has revealed details of a plan to issue a blockchain-powered digital fiat – and appears to be assembling a host of resources and personnel to speed up the process.
Per a report from Beijing Business Today (republished by Shina), the deputy director of the People’s Bank of China...
COSS exchange partners with two rising tokens TCAT & EDC
12.8.2019
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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COSS exchange partners with two rising tokens TCAT & EDC - extends excellent incentive opportunities for users
Top crypto exchange COSS...
Decentralized Finance (DeFi) Challenges the Global Financial System
11.8.2019
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
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Do you still think crypto is a scam? That smart contracts...
How to Launch a Bitcoin ATM Business
11.8.2019
Compilation of Bitcoin ATM pictures, posted by Reddit users.
The Bitcoin ATM market is “mooning.” When the first Bitcoin ATM was installed in Vancouver, Canada in 2013, Bitcoin was still a largely unknown phenomenon. Fast forward to 2019, Bitcoin and Bitcoin ATMs are seemingly everywhere.
Today...
Now That Bitcoin 'is Digital Gold,' Which Crypto is For Payments?
10.8.2019
Ever since the post-April cryptocurrency bull market, Bitcoin has been gradually consolidating its status as a store of value. This was confirmed most emphatically on July 11, when Federal Reserve chairman Jerome Powell told the U.S. Senate banking committee that investors use the cryptocurrency...
The Cryptocurrency’s Tale: 20 Crypto Jokes
10.8.2019
Though this week’s events were fewer, they were important for the community nonetheless.
Litecoin went through its second halving, followed by no dramatic changes in the metrics, while Bitcoin shot over USD 12,000 just to drop below USD 11,500 later again. In the meantime, BITpoint resumed trading...
Why do Crypto-Related Surveys in the U.S. Paint Different Pictures?
9.8.2019
Several different surveys, the results of which have come out since last year, have shown mixed feelings when it comes to how American’s view cryptocurrency – while some surveys suggest more positive results, others paint a bleak picture. Where does the discrepancy come from? As various surveys...
FATF & 15 Governments Target Personal Data of Crypto Users - Report
9.8.2019
In the continual fight against money laundering, governments reportedly want to put a global cryptocurrency system in place by collecting personal data of crypto users.
Governments of about 15 countries seek to establish a new system of cooperation that would enable them to collect and share with...
Another Macro Event That Could Move Bitcoin Is Happening This Fall
9.8.2019
The potential for a “no-deal” scenario as the UK leaves the European Union in October of this year could drive bitcoin to new highs, some industry players estimate.
As many have already experienced first-hand, the British pound has lost a fair amount of value against both the euro and the U.S....
Ripple in 'Multiple' M&A Talks, Plans 100 New Contracts in 2019
9.8.2019
Brad Garlinghouse. Ripple, a California-based major blockchain startup focusing on the banking sector, is in talks over "multiple" potential investments and acquisitions, CEO Brad Garlinghouse confirmed.
In an interview with Yahoo Finance UK on Friday, the CEO said that, when it comes to the areas...
This is How Hackers Attempted to Attack Coinbase
9.8.2019
U.S.-based cryptocurrency exchange and wallet provider Coinbase gave more details on the recent attempted hack, and said that they were a target of a carefully planned, sophisticated attack that utilized spear phishing/social engineering tactics and two Firefox zero-day vulnerabilities.
In...
Bitcoin Could ‘Insulate Portfolios’ From Financial Risks: Case Study
9.8.2019
A new case study from the crypto-focused major asset management firm Grayscale offered some insights on how the firm sees bitcoin as a hedge against U.S.-China trade risks.
In the study, dubbed Hedging U.S.-China Trade Risk with Bitcoin, Grayscale pointed out just how significant a risk they...
Bitcoin Remains Elevated While Altcoins Take Hit
9.8.2019
In the past three sessions, there were a couple of attempts by bitcoin price to surpass the USD 12,000 resistance level. However, there was no convincing break, but BTC/USD stayed above the USD 11,800 support level. Conversely, there were bearish moves in most major altcoins, including ethereum...
Flurry of German, South Korean, UAE Major Firms Pivot to Blockchain
9.8.2019
Etihad Airways. A number of major international companies in Europe, the Middle East and Asia have announced they will be embarking on blockchain technology-powered business operations.
In Germany, the country’s second-largest bank, Commerzbank, says it has developed a “blockchain-based payment...
S Korean Exchange to ‘Boost Restrictions’ on Deposits, Withdrawals
9.8.2019
South Korean cryptocurrency exchanges could be set to police their customers more thoroughly, as platforms in the country look set to fall in line with regulatory pressure.
Per ZDNet Korea, the Korbit exchange says it will “strengthen its restrictions on deposits and withdrawals through Fraud...
Elite Mining partners with Entoro as their broker-dealer
9.8.2019
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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Elite Mining Inc is happy to announce Entoro Capital (Entoro) as its official broker-dealer partner for its for its Series A equity...
Six Alternative Hardware Wallets to Check Out
8.8.2019
It's well-known that the chances to lose your crypto are higher if your private keys to your coins are stored online and/or in an ill-protected environment. To keep crypto safe, a so-called "cold" storage, such as a hardware wallet, is vital. There’s certainly a myriad of wallet options out there...
Can Blockchain Be a Driver of Transparency in Governance?
8.8.2019
Albert Isola. Source: Switch!
Following the financial crisis of 2008, governments across the globe scrambled to find ways of improving transparency and efficiency, not only in financial services but across various areas of government. MiFID II (the Markets in Financial Instruments Directive)...