Despite the initial intention behind the creation of Bitcoin (BTC), the cryptocurrency movement has become increasingly reliant on adoption by big-name financial institutions to further drive the bullish thesis. With the impending launch of institutional products like the Bakkt futures exchange, many retail investors believe the next big wave of adoption could happen at any […]
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What’s The Difference Between Trump’s Immigration Compromise And a Communist Police State?
Donald Trump’s big announcement Saturday wouldn’t be the first time the word “compromise” was used as a euphemism for the government. Stealing even more of your money to pay for both big corporate political parties’ wish lists and all their friends and corporate sponsors. The big compromise is: Donald Trump gets to spend five billion
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BitPay Sets New Company Records, in Spite of Crypto Bear Markets
Blockchain payment platform BitPay has announced that 2018 has been their most profitable year, having “processed over a $ 1 Billion again in payments and set a new record for transaction fee revenue.”
In a statement, BitPay CEO Stephen Pair said, “To process over a $ 1 Billion for a second year in a row despite Bitcoin’s large price drop shows that Bitcoin is being used to solve real pain points around the world.”
2018 was a particularly fraught year for the crypto space, as prices saw a steady decline. Nevertheless, BitPay was able to show positive expansion, which it credits in part to “new customers like Dish Networks, HackerOne, and the State of Ohio.”
The Daily: Coinspot Launches OTC Desk, Bitdeer Expands in Eastern Europe
Crypto exchange Coinspot has launched an over-the-counter trading desk in Australia and you’ll find more about the platform in this edition of The Daily. Elsewhere, computing power-sharing platform Bitdeer.com is focusing on Eastern Europe through a partnership with the largest digital asset trader in the region, Exmo. And in the U.S., expired Mccoins will get you a Big King.
Also read: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue
Crypto Exchange Coinspot Offers OTC Services to Australian Traders
Australian cryptocurrency exchange Coinspot has announced the launch of its dedicated over-the-counter (OTC) trading desk. The platform will be able to process high-volume transactions for its members without the need to use the traditional public order books.
Oceans Apart: Crypto Regulation in the US and EU
The differences between U.S. and EU approaches to crypto asset regulation are even more complicated than they appear, writes Noelle Acheson.
CoinDesk
Hacked Customer Data From World Leading Cryptocurrency Exchanges For Sale On The Dark Web?
On a darknet market called “Dread,” a vendor going by “ExploitDOT” is attempting to sell user data from the know-your-customer (KYC) data top cryptocurrency exchanges ask for, required by most jurisdictions. According to data shared with CCN, the hacker has an ad that has been online since July 2018, in which he claims to have
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Turkish Crypto Exchange Sistemkoin’s Disturbing Security Flaw Reveals Major Withdrawal Complaints
By CCN.com: Turkish crypto exchange Sistemkoin had done $ 68 million in volume over the 24-hour period at time of writing. However, according to a report from a user and security researcher, there are significant security problems with the exchange. There are two aspects to our anonymous tipster’s report. First, anyone with a program called Burpsuite and … Continued
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Cboe Analyst: Bitcoin (BTC) Trading Volatility Is on the Rise
Bitcoin (BTC) has shown decent momentum to end the week, pushing its price back over $ 3,700 to around $ 3,750, before settling in around $ 3,725. While Bitcoin has been relatively quiet since the beginning of the year, a recent report suggests futures trading volatility has steadily been on the rise. “So, the New Year is underway and […]
SludgeFeed
Indonesia’s First Billion-Dollar Unicorn Acquires Philippine Bitcoin Wallet
By CCN.com: On Jan. 18, after an unsuccessful attempt to enter the Philippines market earlier this month due to foreign ownership concerns, Go-Jek, a major Indonesian ride-sharing platform has announced a partnership between with Coins.ph, a local crypto wallet and payments platform. The Filipino firm is currently in the process of rolling out beta access to users in the
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Executives of Korean Exchange Sentenced to Jail for Faking Volumes
Two executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean won.
Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
Prison Sentences
Two executives of South Korean cryptocurrency exchange Komid were sentenced to jail on Thursday “for their roles in orchestrating fraudulent trading volume reports on their platform,” The News Asia reported.
Facebook Gaming Is Now Integrated With Streamlabs
Last June, Facebook (FB) launched Facebook Gaming (fb.gg), a new streaming platform designed to compete with the likes of Twitch, Mixer and YouTube Gaming. Since that time, Facebook Gaming has seen a 23% increase in active streamers quarter-over-quarter to 87,000, with a 91% increase overall in 2018. This places Facebook Gaming in third place in front […]
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Huobi Resumes Operations in Japan as a Fully Regulated Exchange
Huobi is back in Japan, this time as a fully regulated exchange under Japan's Financial Services Agency (FSA).
Following its merger with BitTrade, Huobi Japan Holding Ltd. is now among the first batch of 17 to receive registration under the FSA and is able to relaunch Huobi Japan.
Leon Li, Huobi Group founder and CEO, called the launch an “important milestone” in a statement, adding that the Japanese market remains important to the group and that working with its “regulators is a longstanding priority for Huobi Group.”
Crazy Number of Subpoenas Shows Why Crypto Exchanges are Fleeing the US
By CCN.com: A new report released by major crypto exchange ShapeShift revealed that it had received 18 subpoena requests from U.S. authorities in 2018. Despite being based in Switzerland, the U.S. government filed 30 percent of all requests ShapeShift received last year. Why US Authorities Always Rank at the Top: Not Exclusive to Crypto Earlier
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Snapparazzi – Post-ICO Journey – The Latest Announcements (CoinMarketCap, Exclusive Stack Bonus Incentive, Recruitment and App Development)
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
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Denial Esports Decides to Stick With PUBG Competitive Play
North American esports organization Denial Esports announced on Tuesday that it will be sticking with PUBG, even as the future of the battle royale title in esports becomes increasingly uncertain. After much thought (meaning none at all) we have decided to stay in the PUBG space with our contender team. Here at Denial we value the […]
SludgeFeed
VanEck Unfazed by Shutdown’s Impact on Bitcoin ETF Application
By CCN.com: Investment manager VanEck remains confident about its bitcoin ETF application, despite the US government shutdown. Why? Because the firm believes it has laid a robust foundation for the VanEck/SolidX Bitcoin ETF to eventually win SEC approval. “I have done everything I can to build the right market structure for Bitcoin and digital assets,” VanEck’s director
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Lightning Network Co-Creator Is Designing a Scaling Solution Called Utreexo
A blockchain researcher has been working on a scaling effort for the unspent transaction output set found in the Bitcoin protocol. According to Tadge Dryja’s recently published description of research, the software engineer is working on a dynamic accumulator called Utreexo. The project could theoretically allow network participants to verify the state of the chain’s consensus rules with smaller sets of cryptographic proof.
Also read: Venezuelan BCH Proponents Bolster Cryptocurrency Use Cases and Adoption
Why Wall Street Should Fear the Rise of Alexandria Ocasio-Cortez
By CCN.com: Horizon Investments Chief Global Strategist Greg Valliere has described congressional rookie Rep. Alexandria Ocasio-Cortez (D-NY) as a very real concern for the stock market because of her perceived willingness to put the financial industry’s nose to the grindstone as part of her political strategy. Horizon Investments: Watch Out for Ocasio-Cortez Speaking to Yahoo
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Russia’s Not Buying Bitcoin, Dx.Exchange’s Shady Past, and Ethereum’s Hard Fork That Wasn’t: This Week in Crypto
By CCN.com: This week in crypto saw several interesting developments as regard exchanges, exit scams, and at least one failed ICO-funded company in the form of Giga Watt. Crypto Media Clings to Story of Russian Government Buying Bitcoin, CCN Asks for Proof CCN started the week off by debunking a mythical impending “$ 10 billion Bitcoin
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Epic Games Vows to Stop Pushing Fortnite Updates During Esports Events
Epic Games received significant backlash in December after pushing a game-altering update just hours before the $ 100,000 WSOE Fortnite Duos tournament. In the update, Epic Games introduced a new item called the Boom Box, which delivers powerful blasts of music that deal structure damage in a large area. As first highlighted by esports consultant and industry leader Rod Breslau, the […]
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