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Bitcoin Exchange FTX Wins Full Approval To Operate In Dubai

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The company will build a headquarters in Dubai to operate exchange and clearinghouse services for bitcoin and cryptocurrencies through a subsidiary.

  • FTX exchange received approval to operate exchange and clearinghouse services in Dubai.
  • The company will build a regional headquarters in the city.
  • A subsidiary of FTX operating in Europe and the Middle East will facilitate product offerings in the region.

FTX, a cryptocurrency exchange based in the Bahamas, has received approval to operate as an exchange and clearinghouse in Dubai, according to a report by Reuters.  Read more...

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Thank Elon Musk When the US Wins the AI Arms Race

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Elon Musk scored another major victory in his quest to usher in the Age of Artificial Intelligence today when Microsoft announced it would plunk $ 1 billion into his visionary OpenAI project. As Tesla preps to launch robotaxis and Neuralink prepares to start human testing, it’s shaping up to be a massive 2020 for artificial intelligence research. […]

The post Thank Elon Musk When the US Wins the AI Arms Race appeared first on CCN Markets

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World Series of Poker Champ Wins $10 Million – Here’s His Crazy Tax Bill

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Hossein Ensan survived a field of 8,569 expert gamblers to sweep poker’s most prestigious event, the World Series of Poker. The Iranian-born German earned the highly-coveted WSOP bracelet and a cool $ 10 million. But don’t for a second think he’ll be keeping all of it. Uncle Sam will want his share. Or is that Uncle […]

The post World Series of Poker Champ Wins $ 10 Million – Here’s His Crazy Tax Bill appeared first on CCN Markets

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Maxine Waters Looks to Stall Facebook on Libra, Zuck Wins Regardless

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By CCN Markets: House Financial Services Committee Chairperson Maxine Waters (D-Calif.) requested that Facebook hold off on developing its crypto, which is named Libra. Facebook Request Cuts Both Ways There are two ways to examine Rep. Waters’ request. First, it’s a good thing for cryptocurrency whether Facebook honors her request or not. Second, Rep. Waters is assisting the public by stalling investment in another dangerous cryptocurrency. Maxine Waters said: “With the announcement that it plans to create a cryptocurrency, Facebook is continuing its unchecked expansion and extending its reach into the lives of its users. The cryptocurrency market currently lacks  Read more...

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Crypto Exchange Bits of Gold Wins Court Dispute Against Bank

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Israel’s Supreme Court has ruled in favor of crypto exchange Bits of Gold in its legal battle with Bank Leumi, the country’s second-largest bank. The ruling means Bank Leumi has to open banking services to the exchange, although the bank has objected to the decision in principle, per a report on Finance Magnates.

The news outlet quotes Bits of Gold CEO Yuval Roash who commented on the ruling and what it meant for the crypto community in Israel.

“We worked hard to set up a company which met regulatory requirements, in a new industry, and those efforts paid off. I am proud to be a part of this flourishing industry and push it towards the right regulation,” he said.  Read more...

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PayPal Wins Patent for Ransomware Detection Solution

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PayPal

Global payment processing platform PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks. Ransomware attacks are a form of malware that takes over the victim's computer, locks up the files therein and demands a ransom before the files can be accessed again — often to be paid in cryptocurrency.  Read more...

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Team AiL wins top prize, ConsenSys’ team gets 2nd place at Irish govt.’s blockchain hackathon

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Team AiL wins top prize, ConsenSys’ team gets 2nd place at Irish govt.’s blockchain hackathon
Team “AiL,” made up of Rosa Devine and Clodagh McCarthy Luddy, won the top prize of €5,000 at the Government of Ireland’s blockchain hackathon, the Blockathon Ireland. The second prize of €2,500 went to “The Builders,” a team submitted by blockchain technology firm ConsenSys. The two-day event was h…

The post Team AiL wins top prize, ConsenSys’ team gets 2nd place at Irish govt.’s blockchain hackathon appeared first on CoinReport.

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China’s Nova Esports Wins First Clash Royale World Championship

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China’s Nova Esports defeated Latin America’s Vivo Keyd 3-1 to win the first-ever Clash Royale League World Finals, concluding the $ 1 million inaugural season for Supercell’s mobile sensation. 🏆 We are your FIRST-EVER CRL CHAMPIONS! 🏆#NovaStrong🌟 pic.twitter.com/I1ZO6XT7W1 — Nova Esports (@NovaEsportsTeam) December 1, 2018 The CRL championship featured top teams, including Nova Esports, KINGZONE DragonX, PONOS Sports, Vivo […]
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Bitcoin Cash: Craig Wright’s BSV Suffers Multi-Block Reorg, Wins ‘Drama per Second’ Battle

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Whether “under attack” or otherwise, Bitcoin Cash SV (BSV), which at present has more than 4,000 unconfirmed transactions, has been experiencing a great deal of turbulence since last week’s hard fork. More importantly: around block 557301, multiple sources identified a block reorganization within the BSV blockchain. Our Bitcoin SV node experienced a 2 block re-org

The post Bitcoin Cash: Craig Wright’s BSV Suffers Multi-Block Reorg, Wins ‘Drama per Second’ Battle appeared first on CCN

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51% Attack? Bitcoin Wins Ron Paul Investor Poll [Again]

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Former congressman and presidential candidate Ron Paul enjoys a wide fanbase on social media and among latter generations who have an interest in pro-liberty changes to governmental policy. He is famed for his positions on issues ranging from abortion and marijuana to business regulation, and he famously authored a book which aligns with the philosophy

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Second-Largest US Bank Wins Patent for Crypto Storage System

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Recent times have seen banks hedging their bets or even fully integrating cryptocurrencies. The acquisition and filing of patents is how large organizations truly express their interest in a given field, and Bank of America continues to lead the way, now having secured its latest patent in the blockchain and crypto space, one for “tamper-responsive”

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Aussie Blockchain Startup Wins Billionaire Branson’s Tech Challenge

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Power Ledger, a blockchain startup based in Australia, won business magnate Sir Richard Branson’s Extreme Tech Challenge (XTC) 2018, as reported by Australian news channel Nine News. The challenge, whose previous finalists include Doctor on Demand and Vantage Robotics, aims to provide entrepreneurs with the right tools to help them build their tech products. Power Ledger received endorsements

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Ledger CEO Wins French Award for Startup With International Potential

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Ledger CEO Wins French Award for Startup With International Potential

Eric Larchevêque, CEO and co-founder of cryptocurrency hardware wallet-maker Ledger, has won a French award for the startup leader whose model has the greatest potential internationally.

The prestigious regional prize in Ernst & Young’s (EY) 26th Entrepreneur of the Year 2018 awards, located in France, is “Startup of the Year.” Ledger’s Eric Larchevêque can lay claim to this award, as well as the “Born Global Award” for the international potential of his startup Ledger.

International Success for Ledger

Ledger’s potential has already turned into an international success. A few days ago, the reputable cryptocurrency hardware wallet manufacturer announced that it had achieved sales of 1.3 million units.  Read more...

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Abra Adds Native Bitcoin Cash Support, Wins Roger Ver’s Praise

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Abra, a mobile cryptocurrency investing app, has added native bitcoin cash (BCH) support, allowing users to deposit and withdraw BCH directly, Abra announced on its website. Anyone who held BCH in Abra previously can now withdraw it to a hardware wallet or use it to make a payment on a merchant site. The app also

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South Africa’s Central Bank Wins Award for its Ethereum Payments Blockchain

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Central Banking, a global central banking forum, has bestowed its FinTech & RegTech Award for Best Distributed Ledger Initiative to South Africa’s central bank for its successful Project Khokha, which successfully used an Ethereum blockchain platform to process interbank payments and settlements. The test demonstrated that distributed ledger technology (DLT) can enable digital as opposed

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Small-Cap Altcoin GoChain (GO) Wins Binance Community Coin Listing

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Small-cap altcoin GoChain (GO), a blockchain platform that boasts 1,300 transactions per second, will be listed on Binance this month after winning the exchange’s 9th Community Coin of the Month competition. #Binance Community Coin Round 9 Winner – #GoChain ( $ GO )https://t.co/MxY9uscfRs pic.twitter.com/JA27HJcmgu — Binance (@binance) September 4, 2018 According to the announcement, GoChain beat out 4 other […]
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Coinbase Wins Patent to Protect a Secure Bitcoin Payments System

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The largest US-based cryptocurrency exchange has made another move towards providing a secure environment for digital currency trading.

Identifying the Present Issues

In a filing issued August 14, the US Patent and Trademark Office has granted protection for a secure Bitcoin payment system to Coinbase.

The system itself paves the way for users to pay directly with bitcoin through their wallet, without having to worry about the security of their private key. The patent also identifies the issues which are currently preventing this from happening.  Read more...

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