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A Pakistani-American woman who bought bitcoin and other cryptocurrencies using fraudulently obtained credit cards before wiring the funds to ISIS has pled guilty to charges of offering financial support to a terrorist organization. According to court filings, Zoobia Shahnaz made a couple of wire transactions last year to fronts for the Islamic terror outfit ISIS
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Barry Silbert, the founder of Grayscale Investments, a digital asset management firm owned by Digital Currency Group, believes the initial coin offering (ICO) party has come to an end. During a recent interview on CNBC’s Squawk Box, Silbert touched on current crypto market correction and its ramifications on the once thriving token sales. “The ICO market is dead… […]
On Tuesday, Canadian company Birks Group, a fine jewelry operation since 1879, announced its plan to accept bitcoin for products and services at eight select locations. Birks Group and its retail stores will accept cryptocurrencies through a partnership with Bitpay. The collaboration marks the first major implementation of Bitpay’s point-of-sale solution for brick-and-mortar locations within the Canadian region.
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Atlas Protocol (ATP) is a blockchain application layer protocol of interactive advertising & marketing. It officially announced to join the IAB Technology Lab and its Blockchain Working Group
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Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments.
Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $ 40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs.
Acquisition to Expand Bitcoin Group Services Portfolio
Twitch, the live streaming video platform owned by Twitch Interactive, a subsidiary of Amazon (AMZN), is currently hosting TwitchCon 2018, a weekend-long event highlighting the company’s upcoming updates, events and more. Go live on Twitch with up to three other streamers, all in a single view. Squad Stream rolls out in 2019. pic.twitter.com/UIkbSmNIBI — Twitch (@Twitch) […]
Huobi Group revealed at the World Blockchain Summit in Dubai that the company is looking to expand its operations to the Middle Eastern, African and South Asian markets in a bid to provide services to its unbanked or underbanked residents.
Co-founder Mohit Davar commented, “As Dubai is leading the blockchain effort in the region, it made sense for us to set up our regional head office here.”
One of the biggest rap groups of all time, Wu-Tang Clan, has announced that they are releasing their own digital currency named after one of the groups founding members who passed away in 2004, Ol Dirty Bastard. The project was initially created by ODB’s son, Barson Jones who said that the cryptocurrency would be a good way for fans to become more connected to the artists.
“I couldn’t be more excited about the future for the O.D.B. Coin, and I know my dad would have felt the same way. It’s a great way to connect with fans and reward them for their interest. I look forward to delivering even more music that would make Dad proud.”
People Capital, the venture capital arm of People’s Daily Online — the official newspaper of the Chinese Communist Party — has signed an agreement with Xunlei Limited to use the blockchain technology for innovation and to empower the Chinese economy and the world at large. The alliance between the companies is part of a global
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North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges. Also known as HIDDEN COBRA, which works at the behest of the North Korean government, the Lazarus Group has been responsible for some of the world’s largest cyber attacks including the Sony hack in 2014, the Wannacry ransomware outbreak, military espionage and a number of attacks on South Korean businesses.
Even though blockchain technology has all sorts of security applications, one thing is for sure: cryptocurrency exchanges are vulnerable to cybersecurity attacks, and hackers have exploited these flaws for massive gains. However, no hacker crew has been quite as successful as the infamous North Korean group of hackers, dubbed “Lazarus,” which is responsible for the
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Bitcoin (BTC) futures trading activity on the Chicago Mercantile Exchange (CME) surged again this quarter, as the average daily volume in Q3 grew 41% versus Q2. In Q3, Bitcoin futures average daily volume rose 41% and open interest was up 19% over Q2 . Learn how market participants are using BTC to manage risk in changing markets. https://t.co/Yt41SzsHku […]
Bitcoin futures trading is up. American financial market company CME Group Inc. announced on Twitter early on the morning of Wednesday, October 17, 2018, that its futures products are experiencing rising volume, explaining, “In Q3, Bitcoin futures average daily volume rose 41% and open interest was up 19% over Q2.”
This is a massive improvement over just two months ago when CME stated that volumes on the futures markets had been in the hole for three consecutive trading sessions. During that time, CME’s data reported less than 2,500 BTC transactions — down from over 8,000 at the month’s midpoint. This represented a fall of nearly 70 percent over eight days.
Ripple is leading a group of organizations launching an advocacy body in Washington D.C. that will pay for lobbying in both U.S. dollars and XRP.
Monero has officially released its Malware Response Workgroup website yesterday. In an effort to help protect Monero’s community, the website aims to provide resources to educate about the types of malware that may take advantage of users. It provides support for problems including unwanted in-browser and system mining (cryptojacking) and ransomware, all which have been a growing problem as of late.
In a blog post by Justin Ehrenhofer on the Monero website, the Malware Response Workgroup is “a self-organized set of volunteers that maintains these resources and provides live support.”
German digital currency exchange Bitcoin Group SE reported on Friday a first-half net profit increase of more than 300% to €3.32 million (~$ 3.85 million USD). The company added 86,000 new accounts of people buying and selling cryptocurrency like bitcoin and bitcoin cash in the first six months of 2018.
Bitcoin Group SE Profits Rise 300% on Increased Customer Traffic
Bitcoin Group SE today reported its net profit soared 306% to $ 3.85 million in the first half of the year as more people bought and sold cryptocurrency through the German exchange. A year earlier, profit was at $ 0.95 million.
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