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Venezuela Isn’t the Crypto Use Case You Want It to Be   (Coindesk - Dec 19)

Cryptocurrency enthusiasts love to talk about Venezuelan users as an example of bitcoin's subversive potential – but the reality is more complex.


Bitcoin Surges 18% in 3 Days as it Nears $3,800: What’s Next For the Market?   (Cryptocoinsnews - Dec 19)

Since December 17, within less than three days, the Bitcoin price has surged from $3,181 to $3,776 against the U.S. dollar, by more than 18 percent. On cryptocurrency-to-fiat exchanges like Coinbase and Bitstamp, Bitcoin (BTC) has slightly corrected to $3,700 but the breakout of the dominant cryptocurrency above the $3,700 mark has led analysts to The post Bitcoin Surges 18% in 3 Days as it Nears $3,800: What’s Next For the Market? appeared first on CCN


Australian Tax Office Warns Traders About Declaring Cryptocurrency Profits   (Cryptocoinsnews - Dec 19)

The Australian Taxation Office (ATO) has reissued a warning to traders to ensure they declare their cryptocurrency profits when reporting their annual revenues. The ATO has warned Aussie crypto traders numerous times in the past but the issue is now reaching fever pitch. Cryptocurrency regulatory requirements across Western nations tend to be quite lax when The post Australian Tax Office Warns Traders About Declaring Cryptocurrency Profits appeared first on CCN


Bitcoin Futures Manipulation: How it Works and How to Reduce It   (Cryptocoinsnews - Dec 19)

The markets were euphoric. The community was cheer-leading the imminent launch of Bitcoin futures first on the CBOE and then on the CME. Bitcoin reached its all time high. They saw this as an indication that institutional investors were just around the corner and that Bitcoin was about to “moon.” Fast forward to today and the The post Bitcoin Futures Manipulation: How it Works and How to Reduce It appeared first on CCN


Chinese Internet Court Uses Blockchain To Combat Online Plagiarism   (Cryptocoinsnews - Dec 19)

An Internet Court launched in Eastern Chinese City Hangzhou will now use blockchain to fight plagiarism for online writers, local Chinese news outlet China.org.cn reported. China launched its first internet court in the city of Hangzhou to deal with internet related cases, save time and reduce overhead costs of getting justice out of the system. At The post Chinese Internet Court Uses Blockchain To Combat Online Plagiarism appeared first on CCN


Op-Ed: Defrauded Municipalities Demonstrate Use Case For Smart Contracts   (Cryptocoinsnews - Dec 19)

Note: the author’s opinions are his own and do not reflect the views of CCN or its other staff. In June, Galveston County (Texas) discovered that it had paid over $525,000 to someone it didn’t owe money to, a scam artist posing as a representative of a firm doing work for the county. The author The post Op-Ed: Defrauded Municipalities Demonstrate Use Case For Smart Contracts appeared first on CCN


Bankers Raise Concerns Over Robinhood’s New Saving Accounts   (Cryptocoinsnews - Dec 19)

Robinhood launched its 3% interest “checking and savings” accounts last week. With 3% well over the average rate offered by conventional banks and some key differentials in the insurance that protects investors in Robinhood’s new products, U.S banking organizations are speaking out. The new accounts from the trading platform, at first glance, appear to be The post Bankers Raise Concerns Over Robinhood’s New Saving Accounts appeared first on CCN


AriseBank CEO Settles SEC Charges   (Cryptocoinsnews - Dec 19)

CCN previously reported on the arrest and murky background of Jared Rice, Sr., the “CEO” of the AriseBank ICO scheme which saw him lining his pockets and paying personal expenses out of raised funds in the extreme. Yesterday afternoon, the SEC announced that it had reached a settlement with Rice as regards its part of … Continued The post AriseBank CEO Settles SEC Charges appeared first on CCN


Court: Dark Web Bitcoin Murder-For-Hire Suspect Remains Under GPS Monitoring   (Cryptocoinsnews - Dec 19)

A DuPage County, Illinois judge has ruled that a woman charged with paying $10,000 in bitcoin for a Dark Web hitman to have her former lover’s wife killed must continue wearing a GPS monitoring device as the case goes on. 32 year-old Tina Jones of Des Plaines, Illinois has been arraigned on four counts of solicitation The post Court: Dark Web Bitcoin Murder-For-Hire Suspect Remains Under GPS Monitoring appeared first on CCN


The Big Short: Former IMF Economist Finally Closes Year-Old Bitcoin Short   (Cryptocoinsnews - Dec 19)

A year ago today, Bitcoin peaked at $19,511. Former International Monetary Fund economist and Pharo Senior Risk Trader Mark Dow made an unpopular bet not long thereafter: Bitcoin would not sustain its growth and the price would slip from there. He entered a short position and rode his intuition all the way to the bank, The post The Big Short: Former IMF Economist Finally Closes Year-Old Bitcoin Short appeared first on CCN


Coinbase Pro Adds Another Four Ethereum Tokens Including DAI   (Cryptocoinsnews - Dec 19)

In a slew of additions and developments, and not unexpectedly, Coinbase has added four more Ethereum tokens. Dai (DAI), Golem (GNT), Maker (MKR), and Zilliqa (ZIL) will be added to the Coinbase Professional platform but with some regional restrictions. GNT and DAI will be available in the US, but not New York, in the UK, The post Coinbase Pro Adds Another Four Ethereum Tokens Including DAI appeared first on CCN


Swiss Federal Council Opts for Minimal Regulation   (Cryptocoinsnews - Dec 19)

A report based on the analysis conducted by a blockchain working group that was appointed earlier this year has been adopted by the collective head of state and government of Switzerland, the Federal Council. Among other things the report has concluded that the legal framework of Switzerland can handle new technologies such as blockchain with The post Swiss Federal Council Opts for Minimal Regulation appeared first on CCN


Institutional Crypto and a New Generation of Wall Street Leaders   (Coindesk - Dec 19)

The crypto space is shifting rapidly with new innovations – but the industry still faces a number of urgent questions, says angel investor Donna Redel.


Blythe Masters, CEO of Blockchain Startup Digital Asset, Is Stepping Down   (Coindesk - Dec 18)

Digital Assets Holdings CEO Blythe Masters has stepped down from her role, but will remain on as a shareholder, strategic advisor and board member.


Wanchain 3.0 Adds Loopring Enabling On-Chain Decentralized Trading   (Cryptocoinsnews - Dec 18)

Wanchain and Loopring today announced that Loopring, a protocol atop which decentralized exchanges trading platforms can be built, is live on the Wanchain network. Decentralized trading platforms took a hit earlier this year when Zachary Coburn of EtherDelta was charged with offering unregistered securities. The exchange was by and large considered decentralized because all trades The post Wanchain 3.0 Adds Loopring Enabling On-Chain Decentralized Trading appeared first on CCN


Binance Labs Launches 8 Blockchain Startups   (Cryptocoinsnews - Dec 18)

Binance Labs recently announced the launch of eight projects which have been incubated over the course of the last few months. The San Francisco chapter of Binance Labs ended its ten-week Incubation Program which focused on providing guidance, mentorship, and resources to each project. Over 500 project teams applied for the program, and after an intensive review The post Binance Labs Launches 8 Blockchain Startups appeared first on CCN


Overstock’s Medici Acquires Digital Tokens Representing Startup Equity Shares   (Coindesk - Dec 18)

Overstock's Medici Ventures has successfully transferred 3.6 million tokenized shares from Chainstone Labs using Ravencoin's blockchain.


Bull Gone: Bitcoin Price Forming Doji to Signal Potential Trend Reversal   (Cryptocoinsnews - Dec 18)

Bitcoin price on Tuesday reached a session high on Coinbase at $3,586 but remained in the fears of a potential reversal action overall. Ahead of the US session so far, bitcoin’s opening and closing positions today have remained very close to one another, as indicated by the small candlestick. Called a Doji candlestick formation, this The post Bull Gone: Bitcoin Price Forming Doji to Signal Potential Trend Reversal appeared first on CCN


Tim Draper Invests $1.25 Million in Bitcoin Payments Processor OpenNode   (Coindesk - Dec 18)

U.S.-based venture capitalist Tim Draper has invested $1.25 million in OpenNode, a bitcoin-only payments processing startup.


Stablecoin Company Tether Ltd. Made $6.6 Million in Interest from January to July 2018, Report Does Not Confirm Full Cash Reserves   (Cryptocoinsnews - Dec 18)

An investigative report by Bloomberg News has revealed that Tether makes a substantial amount of interest on its US Dollar reserves. The US Dollar reserves are kept in banks across several jurisdictions including Canada, the Bahamas and Puerto Rico. According to bank statements seen by Bloomberg, Tether earned at least $6.6 million in interest between January 2018 The post Stablecoin Company Tether Ltd. Made $6.6 Million in Interest from January to July 2018, Report Does Not Confirm Full Cash Reserves appeared first on CCN


Atari Partners With Startup to Make Blockchain Versions of Popular Titles like Roller Coaster Tycoon   (Cryptocoinsnews - Dec 18)

Renowned game maker Atari Inc. announced a license agreement with Animoca Brands Limited, a subsidiary of Animoca Brands Corporation Limited, giving it the rights to produce and publish blockchain versions of the famed Atari mobile game titles Roller Coaster Tycoon Touch and Goon Squad in most territories around the world – excluding Hong Kong, China, The post Atari Partners With Startup to Make Blockchain Versions of Popular Titles like Roller Coaster Tycoon appeared first on CCN


Education The Biggest Barrier Preventing Online Investors From Purchasing Cryptocurrency   (Cryptocoinsnews - Dec 18)

People who are otherwise comfortable with technology can find themselves in a whole new world of jargon and confusion when they first get involved, or take an interest in, cryptocurrencies. The massive bull run of last year saw a huge increase in interest. The interest came not just from the unprecedented number of hedge firms The post Education The Biggest Barrier Preventing Online Investors From Purchasing Cryptocurrency appeared first on CCN


Bitcoin Bear Market Is Scaring Off Institutional Investors, Claims JPMorgan   (Cryptocoinsnews - Dec 18)

Institutional investors are being scared off by the protracted crypto bear marker. That’s the assessment of a team of JPMorgan Chase & Co. analysts, including global market strategist Nikolaos Panigirtzoglou. “Participation by financial institutions in Bitcoin trading appears to be fading,” the JPMorgan team wrote in a December 14 research note. “Key flow metrics have The post Bitcoin Bear Market Is Scaring Off Institutional Investors, Claims JPMorgan appeared first on CCN


Global Debt Hits $184 Trillion and 11.4% of it is From the US: Big Bubble?   (Cryptocoinsnews - Dec 18)

According to the International Monetary Fund (IMF), the global debt has achieved $184 trillion with $86,000 per person, a figure that is twice larger than the global average income per-capita. Out of the $184 trillion, The Balance reported that $21 trillion comes from the U.S., making up for around 11.4 percent of the global debt. The post Global Debt Hits $184 Trillion and 11.4% of it is From the US: Big Bubble? appeared first on CCN


Blockchain Technology Tipped to Boost New Zealand’s IT Exports: Report   (Cryptocoinsnews - Dec 18)

Earnings from New Zealand’s third-biggest export sector, information technology, could be boosted significantly by distributed ledger technology. According to a report released by New Zealand’s innovation agency, Callaghan Innovation, there is ample room for growth in the sector if the country embraces blockchain technology. Currently, the IT sector in New Zealand generates NZ$16 billion annually The post Blockchain Technology Tipped to Boost New Zealand’s IT Exports: Report appeared first on CCN


Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report   (Coindesk - Dec 18)

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.


Ex-Goldman Exec Sees Better Days Ahead for Crypto as Institution-Focused Crypto Brokerage Launches   (Cryptocoinsnews - Dec 18)

Despite the price declines that cryptocurrencies have endured this year, an ex-Goldman Sachs executive is still optimistic about the future of digital assets. Greg Tusar, who is a former global head of electronic trading at the New York-based financial giant, likened the current state of the crypto market to the ‘early days of trading equities The post Ex-Goldman Exec Sees Better Days Ahead for Crypto as Institution-Focused Crypto Brokerage Launches appeared first on CCN


Steem Added to State of the DApps Listings   (Cryptocoinsnews - Dec 18)

Social blockchain platform Steem, home to the Steemit social network, has been added to dApp (decentralized application) tracking website stateofthedapps.com and now sits proudly next to Ethereum, EOS, and POA, on the site’s “Rankings by Platform” page. And we got fancy #Steem statistics as well


Coinbase Ventures Backs $3 Million Round for Trading Data Startup Nomics   (Coindesk - Dec 18)

Nomics has raised $3 million from Coinbase Ventures and other investors for its plan to index 95% of all crypto trading data points.


VIDEO: Spencer Bogart Maintains his $50k Bullish Target for Bitcoin – “2018 Has Been a Fantastic Year for Bitcoin. Forget Prices”   (Cryptocoinsnews - Dec 18)

Bitcoin has lost 80% of its market capitalization amidst a market-wide crash this year. But Spencer Bogart believes the digital currency can still correct up to 1328% from its current value. The Blockchain Capital partner told CNBC that he expects bitcoin to touch $50,000 in the future, similar to what he predicted during the digital The post VIDEO: Spencer Bogart Maintains his $50k Bullish Target for Bitcoin – “2018 Has Been a Fantastic Year for Bitcoin. Forget Prices” appeared first on CCN


Amazon Plays Its Own Game With Enterprise Blockchain   (Coindesk - Dec 18)

Amazon Web Services, the e-commerce giant’s cloud computing arm, is having its proverbial blockchain cake and eating it, too.


Bitcoin Price Jumps 10% on Anniversary of All-Time High   (Coindesk - Dec 18)

Bitcoin could be in for a stronger recovery rally ahead of New Year as the recent major sell-off looks to be fading.


Holiday Rally? Bitcoin Jumps 10% on Price Record Anniversary   (Coindesk - Dec 18)

Bitcoin could be in for a stronger recovery rally ahead of New Year as the recent major sell-off looks to be fading.


Big Crypto Recovery as EOS Surges 35%: Can Bitcoin Recover to $4,000?   (Cryptocoinsnews - Dec 18)

Over the last 24 hours, the crypto market demonstrated one of the strongest single-day rallies since November, as Bitcoin (BTC) rebounded by more than 11 percent from $3,181 to $3,541. EOS, which was the sixth most valuable cryptocurrency last week ranked behind Tether (USDT) and Stellar (XLM) overtook Stellar with a staggering 35 percent price The post Big Crypto Recovery as EOS Surges 35%: Can Bitcoin Recover to $4,000? appeared first on CCN


Atlas Interactive Advertising Now Launching Atlas Partner Program   (Cryptocoinsnews - Dec 18)

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 The post Atlas Interactive Advertising Now Launching Atlas Partner Program appeared first on CCN


(+) This Week’s Crypto Winners   (Cryptocoinsnews - Dec 18)

The last week was actually a very calm one, with the total crypto market capitalization staying relatively flat. Bitcoin dropped approximately 5% over the week, but that is nothing compared to the wreckage that has occurred in the last few weeks. It is quite entertaining to think these 5% swings that Ripple, Ethereum, and Bitcoin The post (+) This Week’s Crypto Winners appeared first on CCN


Coinbase Launches Direct Crypto to Crypto Conversion for U.S Customers   (Cryptocoinsnews - Dec 18)

As part of its 12 Days of Consecutive Announcement, major cryptocurrency exchange Coinbase has launched a new feature that allows investors to convert their cryptocurrencies into other digital assets, according to a company announcement on December 17, 2018. Called the “Convert,” the exchange claims the new feature is way cheaper than selling and buying a different The post Coinbase Launches Direct Crypto to Crypto Conversion for U.S Customers appeared first on CCN


South Korean Government Trials Blockchain for Shipping Efficiency Boost   (Coindesk - Dec 18)

Two South Korean government ministries are exploring blockchain's potential to bring new efficiencies to port logistics.


Bitmex CEO: 24/7 Trading Of All Types of Assets Is The Future   (Cryptocoinsnews - Dec 18)

Arthur Hayes, the CEO and co-founder of BitMEX, an exchange which has done almost $1 trillion in volume over the past year, spoke on the most recent episode of Laura Shin’s Unchained podcast from the CME Global Leadership Conference in Naples, Florida. Shin asked her guests what they thought the future of blockchain technology would The post Bitmex CEO: 24/7 Trading Of All Types of Assets Is The Future appeared first on CCN


Crypto Is Far From Dead, as These Scaling Projects Show   (Coindesk - Dec 18)

Far from seeing the death of crypto, we may be entering its most exciting phase, argues Michael J. Casey.


OneHash Announce the Release of CyberDice – The Brand New Game Set to Exceed High Standards in the Bitcoin Dice Industry   (Cryptocoinsnews - Dec 18)

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 The post OneHash Announce the Release of CyberDice – The Brand New Game Set to Exceed High Standards in the Bitcoin Dice Industry appeared first on CCN


Arbolet – a New, Superior Internet Announces English Localisation   (Cryptocoinsnews - Dec 18)

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 The post Arbolet – a New, Superior Internet Announces English Localisation appeared first on CCN


OKEx Execs Talk Expansion, Perpetual Swap, and the Controversial Early Settlement   (Cryptocoinsnews - Dec 18)

OKEx is currently the largest exchange by trading volume. It’s also the only exchange to offer derivatives trading as well as spot. This month, they held their NextGen conference in the swanky Ball Room of the Grand Hyatt hotel in Seoul, South Korea. With a smattering of international media and local press as well, CEO Mr. The post OKEx Execs Talk Expansion, Perpetual Swap, and the Controversial Early Settlement appeared first on CCN


Bitcasino.io Launches Festive Promo Wheel of Wonders   (Cryptocoinsnews - Dec 18)

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 The post Bitcasino.io Launches Festive Promo Wheel of Wonders appeared first on CCN


Zurcoin Co-Founder Alleges Most Exchanges Manipulating Cryptocurrency Market   (Cryptocoinsnews - Dec 18)

  Zurcoin co-founder Daniel Mark Harrison has alleged that the majority of crypto exchanges are actively engaged in manipulating digital asset markets, which threatens the long term stability of the market and also fundamentally contradicts cryptocurrency’s principle of decentralisation. In a post published on his Medium page, Harrison stated that exchanges are effectively stealing from The post Zurcoin Co-Founder Alleges Most Exchanges Manipulating Cryptocurrency Market appeared first on CCN


Zurcoin Co-Founder Alleges Most Exchanges Manipulating Cryptocurrency Market   (Cryptocoinsnews - Dec 18)

  Zurcoin co-founder Daniel Mark Harrison has alleged that the majority of crypto exchanges are actively engaged in manipulating digital asset markets, which threatens the long term stability of the market and also fundamentally contradicts cryptocurrency’s principle of decentralisation. In a post published on his Medium page, Harrison stated that exchanges are effectively stealing from The post Zurcoin Co-Founder Alleges Most Exchanges Manipulating Cryptocurrency Market appeared first on CCN


Retailers Like Target May Face 2008 Level Sell-Off, US Stock Market in Deep Trouble?   (Cryptocoinsnews - Dec 18)

Target and Tiffany are among the largest retailers in the U.S. stock market that are reportedly at risk of facing a 2008-level sell-off in the months to come. On average, 95 of the largest retailers in the global market listed on the S&P Index fell by around 17 percent in the past three months, with The post Retailers Like Target May Face 2008 Level Sell-Off, US Stock Market in Deep Trouble? appeared first on CCN


Iranian Students in UK Choose Bitcoin to Circumvent US Sanctions   (Cryptocoinsnews - Dec 18)

The US sanctions against Iran have cut the global economic corridors for the Western Asian country. And the latest victims of this ongoing political mishap are students. According to the Guardian, hundreds of Iranians students in the United Kingdom have been denied banking services. As a result, they are falling behind their payment dues, including The post Iranian Students in UK Choose Bitcoin to Circumvent US Sanctions appeared first on CCN


Humans on the Blockchain: Why Crypto Is the Best Defense Against AI Overlords   (Coindesk - Dec 18)

The strategic use of blockchains will be essential in enabling humans to become meaningful long-term stakeholders in the future of governance, argues entrepreneur Santiago Siri.


Influential Cypherpunk Timothy C. May Dies at 67   (Cryptocoinsnews - Dec 18)

Timothy C. May, widely recognised as the progenitor of modern cryptocurrency and blockchain technology, has passed away at his home in Corralitos, California, at the age of 67. The renowned cryptography expert and former Intel engineer was a founding member of the Cypherpunk Mailing List and the author of the Crypto Anarchist Manifesto. He is credited The post Influential Cypherpunk Timothy C. May Dies at 67 appeared first on CCN