The day of reckoning has come for Huawei, as the U.S. Justice Department has unsealed a 13-count indictment against the world’s largest telecommunications equipment manager. Justice Department Charges Huawei The indictment alleges that Huawei, two affiliated companies, and its chief financial officer Meng Wanzhou committed fraud and conspiracy in connection with deals in Iran. Commerce Secretary Wilbur Ross stressed: These are law enforcement actions and are wholly separate from our trade negotiations with China. An indictment filed in Washington state accused the company of stealing trade secrets from T-Mobile USA Inc. and offering bonuses to employees who succeeded in getting technology from rivals, according
President Donald Trump left Congressional leaders Chuck Schumer and Nancy Pelosi at what was supposed to be the negotiating table Wednesday after a meeting over border security quickly headed south. Simply, the president said the talks, specifically with Democrat House Speaker Pelosi, over funding a border wall were a waste of time because she flat
The post Border Security Talks Breakdown as Trump Tweets Why He Walked Out appeared first on CCN
Trade talks between the U.S and China concluded earlier today boosting Asian markets and the start of trading in Europe. It could be another good day of trading for the Dow Jones and the wider markets in the U.S too. In Asia, the markets jumped in response to positive comments from officials. In China, the
The post Hope After US-China Talks: Stock Markets in Asia and Europe Trade Higher appeared first on CCN
Dow Jones Industrial Average futures mostly traded sideways on Monday morning, as the US stock market waited to see whether renewed negotiations between the world’s two largest economies would bring an end to the US-China trade war. Dow, S&P 500 Teeter as World’s Largest Economies Meet for Trade Talks At 8:19 am ET, Dow futures
The post Dow Eyes Shaky Monday as US-China Trade Talks Ramp up appeared first on CCN
I had the opportunity to sit down with TechCrunch Editor-At-Large Josh Constine at TechCrunch SF. Josh has an interesting background in that he’s spent most of his career covering social media products (and earned a master’s degree on research in the field) in a time when these products are under heavy scrutiny. He’s also a
The post Interview: TechCrunch Editor-at-Large Josh Constine Talks Cryptocurrency appeared first on CCN
Harry Zhou, former general counsel and compliance officer for Huobi US, spoke with CCN about the latest report from New York’s attorney general on cryptocurrency exchanges. Zhou helped set up the legal framework in New York for cryptocurrency exchanges, namely the application and regulations for the BitLicense. He represented Huobi for comments on the BitLicense proposal
The post Interview: Former Huobi US Compliance Chief Talks NY Cryptocurrency Exchange Report appeared first on CCN
The co-founder of Ethereum and the founder of Cardano, Charles Hoskinson has spoken about how Ethereum came to fruition and what his role was in the project, whilst being interviewed with Mpho Dadaga.
Hoskinson said that if the minds behind the crypto had predicted that Ethereum was going to be the biggest digital currency in the market, then the team would have thought things about a lot more.
“So, we got Vitalik… his presentation was really swarmed.
Crowdfunding giant Indiegogo, known for the creation of projects like the Wardenclyffe Tesla Science Centre, recently stepped into the security token market with the announcement that the company would tokenize the St. Regis Aspen Resort in Colorado and sell the tokens as legally-registered securities in a security token offering (STO). STOs Will Soon Become Commonplace
The post Interview: Indiegogo Founder Talks Security Tokens appeared first on CCN
The European Union (EU) is reportedly gearing up for a fresh round of talks concerning cryptocurrency regulation. This move comes after the EU parliament in July advised the EU not to ban cryptocurrencies.
Stricter Cryptocurrency Regulatory Measures
According to Bloomberg, finance ministers from EU member nations plan to meet in September to discuss the region’s cryptocurrency market. Top on the agenda for the EU in this fresh round of talks about the virtual currency market is the need for stricter regulations.
The Finnish businessman who lost 5,564 bitcoins, worth US$ 24 million at the time, in a fraudulent scheme in Thailand has begun talks with some of the key suspects. According to the Bangkok Post, Aarni Otavi Saarimaa is negotiating a settlement deal with Prasit Srisuwan, a high-profile stocks trader and Chakris Ahmad, a tech investor. The
The post Defrauded Finn in Settlement Talks over $ 24 Million Thailand Bitcoin Scam appeared first on CCN
Charlie Shrem sat down with Yahoo Finance recently to discuss his thoughts on the present and future states of cryptocurrency.
The Starting Line
Charlie Shrem, early Bitcoin 00 adopter and founder of BitInstant and Crypto.IQ was interviewed by JP Mangalindan of Yahoo Finance on Sunday. The sit-down took place at the MoneyShow conference in San Francisco last Thursday.
Shrem gave the audience some nuggets of wisdom and advice, while also discussing his thoughts on the current cryptocurrency market and its future trajectory.
Last week, I was able to interview Zillaqa CEO, Xinshu Dong. As of the writing of this article, Zilliqa (ZIL) is sitting at #32 on CoinMarketCap with a market capitalization of just over $ 270 million. The currency peaked at over $ 1.6 billion in May of 2017. The coin’s meteoric rise occurred as bitcoin was hovering around the
The post Interview: Zillaqa CEO Xinshu Dong Talks Blockchain Scaling appeared first on CCN
Steve Wozniak, co-founder of Apple, is a computer engineer and inventor responsible for the creation of the Apple I computer as well as a primary contributor to the Apple II. He played arguably the biggest role in the personal computer revolution, and is a forefather of the third technological revolution, which ushered in the era of computing and the internet.
Wozniak worked with Steve Jobs primarily from 1976 to 1981, and stepped away from Apple for good in 1985. Since then, Wozniak has taken up a number of philanthropic and technological initiatives. Following his departure from Apple, he invented the first universal remote, taught technology in K-12 schools, hosted several rock concerts, finished his bachelor’s degree at UC Berkeley, and so much more.
I recently spoke with MakerDAO CEO Rune Christensen. MakerDAO is the company behind not one, but two, top 2oo-cryptocurrencies by market cap. One of these is Dai, sitting at #107 with a modest market capitalization of $ 46 million, and the second is Maker (MKR), which currently sits at #29 with a market capitalization of $ 272
The post Interview: MakerDAO CEO Rune Christensen Talks Stablecoins appeared first on CCN
With the opening night of ChainXchange blockchain convention, Las Vegas blockchain week is officially under way. Tonight’s main stage was headlined by World Food Programme CFO Houman Haddad, Wall Street Journal Deputy Editor Sam Walker, and Editor-in-Chief of Wired Magazine, Nicholas Thompson.
The theme of the night, and the convention as a whole, is the idea of the emergence of the fourth industrial revolution, one highlighted by the adoption and integration of blockchain technology, robotics, and artificial intelligence.
ConsenSys, the Ethereum production studio based in the U.S., launched ConsenSys Ventures last year selecting Kavita Gupta to run two funds of $ 50 million and $ 100 million.
Bitcoin Magazine caught up with ConsenSys’ Gupta to discuss the launch of project Tachyon and the launch of ConsenSys India, as well as the various factors that come into play in deciding where to allocate funds.
Venezuela will remove five zeros from its ailing currency, the bolivar, and peg it to its controversial Petro cryptocurrency, President Nicolas Maduro said in a public broadcast July 26.
Maduro: Bolivar Will ‘Anchor Petro’
The Bolivar, which had become so inflationary that online gaming tokens such as World of Warcraft gold were a more stable store of value, is currently worth just $ 0.0000083.
“The economic re-conversion will start on August 20 definitively with the circulation and issuance of the new Sovereign Bolivar,” Maduro confirmed.
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