NFL stars are no strangers to bizarre and even unfortunate stories, whether it’s buying a Tesla or demanding to be paid in bitcoin. Carolina Panthers Quarterback Cam Newton was apparently flying from Paris to Charlotte via North Texas and offered a passenger $ 1,500 for a coach seat with extra legroom, according to a tweet that is making the rounds on social media. The passenger apparently valued his extra legroom on the 10-hour flight more than $ 1,500 because he turned Cam Newton down. The Great Cam Newton Mystery This set off a mystery throughout the media. Why would Newton, who is
The number of subpoenas early crypto companies got from misinformed government agencies was “staggering,” says Bloq’s Steve Beauregard.
A bill proposed by the Texas legislature will require that all receivers of cryptocurrency in regular transactions verify the identity of the cryptocurrency sender before accepting any payment. If passed, the measure will go into effect on September 1, 2019.
In its current form, the text of the bill itself is brief, providing very few clues as to how such an ambitious task will be carried out. Apart from definitions of basic terms, the bill’s most concrete requirement is that “before accepting payment by a digital currency, a person must verify the identity of the person sending payment,” with an exception to be made if both parties are already using “digital currency that allows the true identities of the sender and the receiver to be known before a person has access to another person’s digital wallet.”
In Thursday’s edition of The Daily we feature a recent survey that shows 13 percent of shoppers would be happy to buy cryptocurrencies under the Amazon brand. We also cover a new stablecoin integration by crypto card provider Wirex and a token promoted on Coinbase Earn.
“Everybody’s poor” in oil-rich Venezuela, and US President Donald Trump’s top economic adviser claims he knows the answer: excessive taxes on the South American nation’s wealthiest citizens. With high-profile Democrats such as Rep. Alexandria Ocasio-Cortez clamoring to raise income tax rates as high as 70%, Larry Kudlow is warning that the US could see a similar “catastrophe.” Venezuela is a “Catastrophe” Because of High Tax Rate Kudlow says the “old saw” of higher taxes on the wealthy from America’s political left “never works.” The former CNBC host says he doesn’t know how such proposals will pan out, but he’s already
Moody’s Investors Service warned Tuesday that the U.S. economy could suffer even worse damage from another government shutdown only three weeks after the record-breaking, month-long shutdown that concluded last week. The partial federal government shutdown that left 800,000 federal workers furloughed (or working without pay on essential government functions) concluded temporarily after President Donald Trump and congressional leaders agreed to fund the government for three weeks while negotiations between the two parties continue over Donald Trump’s request for a $ 5.7 billion border fence appropriation in the next spending bill. Moody’s Investors Service warned: The partial government shutdown had concentrated effects,
“What do you have that sparks joy? And can we pay with bitcoin?” Her Netflix television series, Tidying Up with Marie Kondo, became available to stream in January 2019 and quickly became a cultural phenomenon. Marie Kondo is the author of the best selling book: The Life-Changing Magic of Tidying Up: The Japanese Art of
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By CCN.com: There is a belief among some in the cryptosphere that a global recession or cataclysmic events are bound to imbue the populace with a sudden desire for cryptocurrencies. To frame this accurately, we have to assess the various factors at play. In one respect, for larger monied interests, Bitcoin could certainly offer a
The post Op-ed: Would a Global Recession be Good for Bitcoin? appeared first on CCN
JP Morgan has continued to bash bitcoin and cryptocurrencies, saying the value of them is still unproven and that it will be at least another three to five years before blockchain technology makes a difference to the banking sector.
‘A Dystopian Scenario’
America’s largest bank has reaffirmed that it is still skeptical of cryptocurrencies. JP Morgan said that such assets would only be of any value in a “dystopian scenario” where investors lost faith in gold, the dollar and the global payments system, according to Reuters. “Even in extreme scenarios such as a recession or financial crises, there are more liquid and less complicated instruments for transacting, investing and hedging,” the bank was quoted as saying.
By CCN.com: Bitcoiners, rejoice! Only bitcoin (and maybe roaches) would survive a nuclear holocaust. In contrast, banks and fiat money would literally go down in flames. That’s what crypto pioneer Charlie Shrem wants you to know as you ponder a hypothetical dystopian future. “If the unthinkable happens, Bitcoin would be a highly durable currency during nuclear war,
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U.S. Senator Kamala Harris (D-CA) announced Monday that she would be seeking the Democratic Party’s nomination to run for president in 2020. She timed her announcement for Martin Luther King Jr. Day, a sign that she intends to make political capital of her identity as a woman of color. That’s ironic because Martin Luther King
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By CCN.com: Russia’s media watchdog, Roskomnadzor, plans to sue Facebook and Twitter for not complying with laws pertaining to the storage of Russian’s citizen’s data. There is speculation this could lead to Facebook and Twitter being banned in Russia. Such a ban might have a greater impact on Twitter than it would on Facebook. Russia
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Stock market investment veteran and co-founder of $ 70 billion fund Mayo Van Otterloo, Jeremy Grantham, has pledged to spend 98 percent of his net worth – approximately $ 1 billion – on what he sees as a race against the ticking time bomb of humanity’s fragile deal with the environment. Bloomberg reports that through his foundation, Grantham and
Wars have been started and peace agreements signed, all over money-either a lack of it or the desire to control what’s valuable. Now, many people, including government leaders, understand that Bitcoin and cryptocurrency are valuable, and they know this new kind of money isn’t going away. Money underpins power and can answer any desire, legal and illegal. That means that, where there is money in any shape or form, there is money laundering. Bad guys use cryptocurrency the way they’ve used every new innovation, as a way to get an edge over police.
A newly-patched vulnerability in Bitcoin Core was far more severe than initially revealed, developers disclosed in an updated statement on Thursday. Bitcoin Vulnerability More Serious Than Earlier Announced The statement, posted on the website for the open source project, revealed that Bitcoin Core versions 0.16.3 and 0.170rc4 not only patch a denial-of-service (DoS) bug but
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Due to stagnation on the ICO market and doubts around the existing investment model, investors prefer to abstain from major moves while waiting for a more favorable climate in the industry. The previous investment boom led to the collapse of the ICO bubble with Venture Capital traditions wrongly projected on the emerging ICO market. Ivan Aleksandrov, the CEO of Memorandum Capital, an investment company focused on ICOs and investing in blockchain-based assets, outlines the most problematic aspects of the existential crisis of the industry and makes predictions about further trends on the market based on his significant professional experience and personal observations.
The unfortunate side effect of making specific predictions about future events is that you eventually have to measure your claims against reality. For cryptocurrency bulls who made 2018 price targets in December and early January, that reckoning is rapidly approaching, and one such price prediction has been making the rounds on social media this week.
The post Throwback Thursday: ConsenSys Exec. Predicted Ethereum Price Would Hit $ 2,000 in 2018 appeared first on CCN
Humankind has always strived to better communicate with one another, more quickly, over longer distances, from the first postal systems around 2400 BCE, to smoke signals and semaphore flags, to the lanterns that spurred on Paul Revere. Few figures have been quite as influential in this arena as Thomas Edison.
Thomas Edison may not have invented the telegraph or the telephone himself, but his work progressed the technologies significantly. He once said “I start where the last man left off,” and he was true to his word, increasing the capacity of telegraph lines to carry multiple messages concurrently, and inventing an improved telephone mouthpiece which considerably lengthened the distance possible for calls and increased their clarity.
If launched today, Bitcoin would likely not be listed on Binance, the world’s biggest cryptocurrency exchange by volume — according to its listing guidelines.
Getting Your Foot in Binance’s Door
Getting listed on the world’s biggest exchange is the holy grail for any coin that wants to be taken seriously.
At the same time, Binance has been at the receiving end of criticism for charging exorbitant listing fees for new tokens. Bitcoinist reported how Expanse founder Christopher Franko claimed Binance asked for 400 BTC ($ 2,600,000) to list his altcoin token.
Meanwhile, Binance CEO Changpeng Zhao clarified that his exchange does not list ‘shitcoins.’
The price of Bitcoin may be heading down to $ 3200, new research has warned — as the first and foremost cryptocurrency fails to find support at its April lows of $ 6450.
The Bigger Picture
In a detailed transaction analysis released June 13, Fundstrat Global Advisors concluded that — due to the lack of support — BTC/USD could hit February’s $ 6900 low before rebounding and subsequently falling further to somewhere between $ 5000 and $ 5500.
The findings begin: