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CoinDesk Might Have Cardano Founder Charles Hoskinson As Potential Buyer

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Charles Hoskinson, co-founder of the blockchain network Cardano, is interested in purchasing CoinDesk, DCG’s media arm, despite the company’s current difficulties.

According to Yahoo! Finance, Hoskinson’s reasoning as to why he has shown strong interest in buying up DCG’s media unit is that he believes journalism integrity should be restored. The Cardano co-founder’s interest was made known after CoinDesk announced its exploration of a possible sale.

Hoskinson disclosed in a video livestream in the U.S., last week:

“My interest on the media side is more broad… I would like to figure out how to get to journalistic integrity again.”   Read more...

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Sam Bankman-Fried Might Lose Robinhood Assets To FTX Debtors

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In the latest update, Sam Bankman-Fried (SBF), former CEO of a bankrupt crypto exchange FTX, requests the court to block debtors’ access to his Robinhood shares. A report announced by US prosecutors revealed the Robinhood shares are worth $ 450 million.

SBF has been under house arrest since his apprehension by the Royal Bahamas Police Force after the U.S. filed criminal charges against him. All these took place in December 2022, weeks after the crash of his crypto exchange, leaving many with multiple losses.  Read more...

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Nigeria Might Support Bitcoin And Cryptocurrencies, New Report Shows

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The cryptocurrency market and bitcoin popularity in Nigeria have been rising in recent years. Despite the ban on crypto trades by the government in 2021, Nigerians continued to engage in cryptocurrency-related activities. Most citizens became more interested in crypto to gain financial freedom.

A report released by The Punch News after interviewing the House of Representatives Committee on Capital Markets chairman Babangida Ibrahim said that the Nigerian Securities and Exchange Commission will recognize cryptocurrencies as a capital investment if an amendment to the Investment and Securities Act 2007 Bill is passed into law.  Read more...

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Bitcoin Mining Firm Iris Energy Might Fail To Pay Off Its Loans

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Several unfortunate cases are springing up in the Bitcoin and crypto ecosystem. The main reason for these adverse events comes down to the current bearish trend of the cryptocurrency market. Regardless of experts’ optimistic predictions, investors are still skeptical about future investments.

Some crypto firms seek ways to sustain their staff and clients. Others are ensuring they don’t run out of funds before the end of 2022. One example of such companies is the Bitcoin miner Iris Energy.

Iris Energy is a Bitcoin mining firm based on its data center infrastructure. It aims to power operations by accessing under-utilized or abundant renewable energy.  Read more...

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Bitcoin Puell Multiple Continues Uptrend, Here’s What History Says Might Happen Next

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On-chain data shows the Bitcoin Puell Multiple has been going up recently after having formed a possible bottom. Here’s what history says could happen next for the crypto’s price.

Bitcoin Puell Multiple 100MA Has Bounced Off A Potential Cycle Bottom

As pointed out by an analyst in a CryptoQuant post, BTC miners seem to be betting on a price rise as they have been aggressively increasing their hashrate recently.

The “Puell Multiple” is an indicator that measures the ratio between the current mining revenues (in USD) to the 365 days moving average of the same.  Read more...

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Bitcoin And Jobs: How Crypto Might Be Affected By Drop In US Employment Openings

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There have been fewer job openings in the United States lately and this may, one way or another, have an impact on Bitcoin and the broader crypto market.

The recent data on unemployment in the US shows that the labor market is still predominantly strong at 3.8%.

However, the creation of new jobs is seen to drop by as much as 6.4%; with social assistance and healthcare having very low vacancies to date.

Labor demand is seen to capsize and has in fact nosedived to 1.9%.  Read more...

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Ethereum Layer 3 Protocols Might Be A Thing, Here’s What To Expect

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With the completion of the Ethereum Merge, founder Vitalik Buterin has turned his attention to other things that could help improve the network. Ethereum Layer 2 protocols had been big business back in the bull market of 2021, and even now, they continue to gather support from network users who continue to use these roll-ups. Now, Buterin has pointed to the possibility of Layer 3 protocols on the network. Here’s what he expects them to do.

Ethereum Layer 3 Protocols  Read more...

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Why Ripple Might Purchase Celsius Assets, Report Says

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Per a report from news outlet Reuters, payment company Ripple is exploring the possibility of acquiring the assets of bankrupt crypto lender Celsius Network. The purchase might materialize via Ripple Labs, according to a company spokesperson.

Ripple Labs is currently in a legal battle with the U.S. Securities and Exchange Commission (SEC) due to the alleged illegal sales of an unregistered security, the XRP Ledger native token XRP. The person quoted by Reuters said the following about the potential acquisition:

We are interested in learning about Celsius and its assets, and whether any could be relevant to our business.  Read more...

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Will Shiba Inu Reach $1? No, But New Cryptocurrency Meme Coin Tamadoge Might

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Investors are wondering whether the most popular meme coins like Shiba Inu will reach $ 1?  However, the ongoing crypto correction is enticing traders to look at multi-utility cryptocurrencies and the top metaverse games, which will provide long-term growth.

Therefore, this guide will look at one of the best play-to-earn crypto games – Tamadoge. Read on to learn how to buy meme coins like Tamadoge and where to buy Tamadoge now.

Top 5 Reasons Crypto Traders are Adding Tamadoge to their Watchlists  Read more...

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Fund Manager: US Might Have Already Lost Crypto Innovation Race

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As U.S. lawmakers wrestle with what to do with Facebook’s Libra, they are being forced to confront another digital currency that they’ve been trying to avoid like the plague – bitcoin. Unfortunately, the longer lawmakers wait, the more left behind the U.S. becomes as crypto innovation goes elsewhere. Even Facebook chose Switzerland for its Libra […]

The post Fund Manager: US Might Have Already Lost Crypto Innovation Race appeared first on CCN Markets

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MacKenzie Bezos Might Become One of the Richest Women

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What’s worse than getting cancer, or getting hit by a car, or finding out your child ran away? You guessed it right! Getting divorced without signing a prenup. Let’s watch William’s analysis of an epidemic hitting the upper class. Make sure to subscribe CCNMarkets on Youtube: https://bit.ly/2Kvn6xn

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Bond King Says Trump Might Drop Out of 2020 Election if Economy Falters

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By CCN Markets: Even though Donald Trump kicked off his 2020 presidential campaign last night in Florida in front of a crowd of roughly 20,000, Wall Street isn’t entirely convinced that he’s committed. Jeffrey Gundlach, who is nicknamed the Bond King and whose firm DoubleLine Capital oversees $ 115 billion in AUM, told Fox Business that there’s a chance the president could change his mind. “If the economy goes into recession, and he can’t pull it out by removing the tariffs, there’s very little for him to run on.” Dropping Out Is Not Unheard Of While dropping out of a presidential  Read more...

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10 People Who Might Be Satoshi Nakamoto

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10 People Who Might Be Satoshi Nakamoto

We are all Satoshi Nakamoto, but some of us are more Satoshi than others. The following 10 characters have all been flagged as Bitcoin’s elusive creator on account of similarities with the digital man of mystery. Whether one of these characters is Satoshi himself is a matter for you to decide.

Also read: Facebook Globalcoin: Killer or Multiplier?

Vili Lehdonvirta

Pros: The Finnish professor is one of the first people to be suggested as Satoshi, in a 2011 New Yorker article. Due to the lack of fevered speculation at the time, which has tainted subsequent attempts to uncover Satoshi, Vili Lehdonvirta’s dox feels purer than the rest. That doesn’t make it any more correct though.  Read more...

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Donald Trump Might Pick This Bitcoin Optimist to Lead the World Bank

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When Satoshi Nakamoto created bitcoin, a message in the cryptocurrency’s Genesis block made clear that it was a direct response to banking industry mismanagement and the financial and political structures that continued to enable it. Just one decade later, US President Donald Trump might tap a cautious crypto optimist to lead the World Bank. Trump Considering El-Erian for World Bank President  According to Bloomberg, Mohamed El-Erian is one of several candidates that Trump has shortlisted for the job of World Bank president. The 60-year-old El-Erian currently serves as chief economic adviser at Allianz, where his views on bitcoin have  Read more...

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Op-Ed: Ex-Starbucks CEO Howard Schultz Might Run for President, Here’s Why That’s Great for America

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The Atlantic reported Sunday that former Starbuck’s CEO Howard Schultz is giving serious consideration to a presidential run in 2020 as an independent candidate. The revelation was made in a recently recorded 60 Minutes interview, The Atlantic said, in a report with a blistering editorial for a headline: “Ex–Starbucks CEO Could Get Trump Re-elected.” Howard

The post Op-Ed: Ex-Starbucks CEO Howard Schultz Might Run for President, Here’s Why That’s Great for America appeared first on CCN

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Ethereum Classic Might Have Been Hit by a 51% Attack

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Late last night on Twitter, the official Ethereum Classic team noted that possible chain reorganization and double spend attacks are ongoing. They subsequently asked crypto exchanges and ETC mining pools to require as many as 400 confirmations for withdrawals and deposits. There have been rumors of a possible chain reorganization or double spend attack. From

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Japan’s Financial Watchdog Might Approve Cryptocurrency ETFs After Saying No to Futures

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The Financial Services Agency of Japan is considering approving exchange-traded funds which track digital assets, Bloomberg reports. According to sources who confided in Bloomberg, the financial regulator is at the moment gauging sector interest in exchange-traded funds tracking cryptocurrencies. This comes less than a month since the financial watchdog put aside plans for cryptocurrency futures.

The post Japan’s Financial Watchdog Might Approve Cryptocurrency ETFs After Saying No to Futures appeared first on CCN

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Bitcoin: Developer Explains Why a Multi-Asset Lightning Network Might Not Work

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A contributor to the Lightning Network codebase who goes by the name ZmnSCPxj recently wrote a reasoned post to the Lightning Development mailing list detailing what he views as a limitation of the network, which is considered by many to represent the future of Bitcoin scaling and adoption. The identity of ZmnSCPxj is not known.

The post Bitcoin: Developer Explains Why a Multi-Asset Lightning Network Might Not Work appeared first on CCN

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Coinbase Might Be Behind Those 856,000 BTC Worth of Transactions

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Coinbase Might Be Behind Those 856,000 BTC Worth of Transactions

Last week, it was reported that a Bitcoin whale had moved thousands of bitcoin into different wallet addresses. Between December 1 to December 6, 2018, the whale split 856,000 bitcoin between 107 wallets, sending an equal 8,000 BTC into each wallet.

Speculators have formulated different hypotheses since the monstrous sum was moved. Was it a market whale moving funds to Over-the-Counter (OTC) markets? Could the sender be the Foundation for Economic Education (Fee.org)? (This second theory is highly improbable as the listed address on the organization’s website reveals it has only ever received a total of 2.2 BTC.)  Read more...

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