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Petro Will Be An Official Alternate Currency in Venezuela   (Cryptocoinsnews - Aug 17)

Venezuelan President Nicolás Maduro announced this that the Petro, an oil-backed cryptocurrency that the country launched to work around sanctions in February, will become an official currency for the state oil company PDVSA. By Monday next week, the Petro will become an accounting unit.  According to the Spanish news site ABC, Maduro said in a televised The post Petro Will Be An Official Alternate Currency in Venezuela appeared first on CCN


Capital One Seeks Blockchain Patent for 'Collaborative' Authentication Tool   (Coindesk - Aug 17)

In a patent filing released Thursday, Capital One set out a blockchain system its says allows secure user authentication across multiple platforms.


40% of Enterprises Believe Blockchain is ‘Overhyped’: Deloitte Global Survey   (Cryptocoinsnews - Aug 17)

According to the Deloitte 2018 global blockchain survey, almost 39% of the respondents were of the view that blockchain technology was ‘overhyped’. In the study in which over 1,000 blockchain-savvy executives at firms boasting annual revenues of $0.5 billion or more in the United States, the United Kingdom, Canada, Mexico, Germany, France and China were The post 40% of Enterprises Believe Blockchain is ‘Overhyped’: Deloitte Global Survey appeared first on CCN


3 Charts Suggest Bitcoin Prices Could Be Headed Higher   (Coindesk - Aug 17)

The technical charts continue to call a rally to $7K despite bitcoin showing signs of exhaustion around $6,500.


Blockchain Company Skycoin Looking to Break into the Korean Market   (Bitcoinprbuzz - Aug 17)

Bitcoin Press Release: Skycoin, a decentralized blockchain company are looking to expand their scope by breaking into the Korean market. August 17, 2018, Shanghai – Skycoin is a high-performance blockchain project for a new decentralized networking protocol. Skycoin’s revolutionary ecosystem will overhaul the current internet with a faster, more secure replacement. Bitcoin was the first […] The post Blockchain Company Skycoin Looking to Break into the Korean Market appeared first on Bitcoin PR Buzz.


Tokens Record 50% Gains as Crypto Market Recovers, Bitcoin Price Stabilizes   (Cryptocoinsnews - Aug 17)

Over the past 24 hours, tokens such as VeChain, Ontology, and PundiX recorded 50 percent gains against the US dollar, as the crypto market recovered and Bitcoin showed stability. VeChain recorded the biggest jump in value on August 17, spiking by over 50 percent against the US dollar, becoming the best performing digital asset this The post Tokens Record 50% Gains as Crypto Market Recovers, Bitcoin Price Stabilizes appeared first on CCN


JD.com Rolls Out Blockchain Platform With Its First App   (Coindesk - Aug 17)

Chinese e-commerce giant JD.com has launched a blockchain platform along with its first application – one for tracking invoices.


UDAP, a New Blockchain Middleware Startup, is Changing the Inter”face” of Blockchain   (Cryptocoinsnews - Aug 17)

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 UDAP, a New Blockchain Middleware Startup, is Changing the Inter”face” of Blockchain appeared first on CCN


Qravity ICO Presale Is Live – Entertainment Production and Distribution Platform Offers 30% Bonus   (Cryptocoinsnews - Aug 17)

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. August 17, 2018 – VIENNA – Qravity, a media production and distribution platform that offers decentralized creative teams royalties for making movies, video games, music, and other forms The post Qravity ICO Presale Is Live – Entertainment Production and Distribution Platform Offers 30% Bonus appeared first on CCN


An Uncanny Correlation: Overstock's Stock and the Bitcoin Price   (Coindesk - Aug 17)

A publicly traded stock is tracking the price of bitcoin, a correlation that appears to have played out over a period of years.


The Strange Correlation Between Overstock's Stock and the Bitcoin Price   (Coindesk - Aug 17)

A publicly traded stock is tracking the price of bitcoin, a correlation that appears to have played out over a period of years.


What ETF? There's a Wall Street Stock That's Already Tracking Bitcoin   (Coindesk - Aug 17)

A publicly traded stock is tracking the price of bitcoin, a correlation that appears to have played out over a period of years.


Ripple Picks Three Crypto Exchanges for International XRP Payments   (Cryptocoinsnews - Aug 17)

Blockchain payments and remittance startup Ripple has picked three cryptocurrency exchanges to facilitate xRapid – its cross-border payments solution for banks using the cryptocurrency XRP. In an announcement on Wednesday, Ripple named Bittrex, Bits and Coin.Ph – in the United States, Mexico and the Philippines respectively – as its “preferred’ cryptocurrency exchanges to solidify its The post Ripple Picks Three Crypto Exchanges for International XRP Payments appeared first on CCN


Papusha Rocket Technology ICO Will Create Wealth Using Oil Refinery Waste   (Cryptocoinsnews - Aug 17)

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Papusha, a new technology that fuses blockchain and space technologies, aims to provide the field of ecology with the economic advantages of the blockchain. A New Paradigm in The post Papusha Rocket Technology ICO Will Create Wealth Using Oil Refinery Waste appeared first on CCN


Gath3r Provides an Ad-free Alternative to Revenue via Browser Crypto Mining   (Cryptocoinsnews - Aug 17)

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Fintech firm Gath3r (pronounced “Gather”) are looking to provide website owners and app developers a new alternative to revenue generation, leaving behind traditional advertising methods in favor of The post Gath3r Provides an Ad-free Alternative to Revenue via Browser Crypto Mining appeared first on CCN


New Privacy Centric Crypto Deviant Coin Issues Whitepaper   (Cryptocoinsnews - Aug 17)

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Upcoming privacy-focused cryptocurrency Deviant Coin has just released its whitepaper to the public, alongside a new hardware wallet and decentralized exchanged (DEX). The Singapore-headquartered project focuses its development The post New Privacy Centric Crypto Deviant Coin Issues Whitepaper appeared first on CCN


UK Crypto Futures Exchange Adds Bitcoin Cash Contract   (Coindesk - Aug 17)

U.K.-based cryptocurrency futures exchange Crypto Facilities is adding a bitcoin cash product to its offerings.


Genesis Mining Offers Customers a Discount to Offset Falling Bitcoin Rewards   (Cryptocoinsnews - Aug 17)

Genesis Mining, responding to falling bitcoin mining rewards for its customers, is offering a discount to help customers withstand the current downturn, the company announced in a blog. The company has recognized customers were not receiving expected rewards and is offering a chance to upgrade their mining contracts to Radiant contract terms with a premium discount. The post Genesis Mining Offers Customers a Discount to Offset Falling Bitcoin Rewards appeared first on CCN


Mark Cuban-Backed Unikrn ICO Hit by Class Action Lawsuit   (Coindesk - Aug 17)

Unikrn, an e-sport betting firm that conducted an ICO last year, is now facing a class action suit that accuses it of violating US securities law.


Unstoppable Scams? Ethereum's Gambling Problem Is Only Getting Worse   (Coindesk - Aug 17)

Concern for user safety on ethereum is growing, in part, due to the warning cries of gambling dapp developers themselves who warn danger is afoot.


Interview: MakerDAO CEO Rune Christensen Talks Stablecoins   (Cryptocoinsnews - Aug 17)

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


Coinbase Wins Patent for Secure Bitcoin Payments System   (Coindesk - Aug 17)

Coinbase is looking into creating more secure digital payment platforms to help merchants accept bitcoin, a patent filing reveals.


Bitcoin Mining Farm in Norway Receives Bomb Threat as Noise Complaints Mount   (Cryptocoinsnews - Aug 17)

It appears that the cryptocurrency revolution is not all that welcome in Norway, with a bitcoin mining facility in a remote part of the country receiving a bomb threat. According to the Vakdalposten newspaper, the mining company, which is called Kryptovault and operates in the cities of Follum, Honefuss, and Dale, received the bomb threats … Continued The post Bitcoin Mining Farm in Norway Receives Bomb Threat as Noise Complaints Mount appeared first on CCN


Bitcoin Price Drops Against Turkish Lira as Treasury Seeks to Calm Investors   (Cryptocoinsnews - Aug 17)

The Turkish Lira value improved against the bitcoin price ahead of an important conference between the country’s financial chief and global investors. The BTC/TRY recorded a 22 percent drop since establishing its intraday high at 45382-fiat. A political spat between the Turkish and U.S. governments last week had influenced the latter to double the tariffs The post Bitcoin Price Drops Against Turkish Lira as Treasury Seeks to Calm Investors appeared first on CCN


Strong US Dollar, Not ICOs, Drove Recent Cryptocurrency Market Decline: Analyst   (Cryptocoinsnews - Aug 17)

The cryptocurrency markets experienced a slight pullback on Thursday but have more or less managed to maintain the midweek recovery that followed Monday’s massive sell-off. As CCN reported, some analysts attributed that decline — which affected ethereum to a far greater extent than bitcoin — to ICO-funded startups cashing out their capital before the market The post Strong US Dollar, Not ICOs, Drove Recent Cryptocurrency Market Decline: Analyst appeared first on CCN


1 in 3 U.K. Businesses Hit by Cryptojacking in July: Study   (Cryptocoinsnews - Aug 16)

A new study published by Citrix has suggested that approximately 30 percent of businesses in the U.K. fell victim to cryptojacking attacks in July alone, as criminals continue to push malware that secretly uses the processing power of their computers to mine cryptocurrency. The research, which was commissioned by software company Citrix, asked 750 IT The post 1 in 3 U.K. Businesses Hit by Cryptojacking in July: Study appeared first on CCN


Experts: Bitcoin Hashrate Increase Shows Investors are Happy in Long-Term   (Cryptocoinsnews - Aug 16)

The hashrate of the Bitcoin network, which represents the amount of computing power securing the blockchain, has continued to increase despite the 70 percent decline of BTC since January of this year. David Sapper, chief operating officer at Australia-based cryptocurrency exchange Blockbid, said in an interview with Bloomberg that the continuous rise in the hashrate The post Experts: Bitcoin Hashrate Increase Shows Investors are Happy in Long-Term appeared first on CCN


Nvidia Reports 'Substantial Decline' in GPU Sales to Crypto Miners   (Coindesk - Aug 16)

Nvidia has seen a "substantial decline" in revenue from cryptocurrency miners, the company announced in its second quarter results Thursday.


Nvidia: 'Substantial Decline' in GPU Sales from Crypto Miners   (Coindesk - Aug 16)

Nvidia has seen a "substantial decline" in revenue from cryptocurrency miners, the company announced in its second quarter results Thursday.


Airbnb Co-Founder Backs $23 Million Funding Round for Institutional Cryptocurrency Dealer   (Cryptocoinsnews - Aug 16)

Institutional-grade cryptocurrency prime dealer SFOX has raised nearly $23 million to fund the development of full-featured asset management platform for large-scale cryptocurrency investors. Announced on Thursday, SFOX’s $22.7 million Series A funding round was led by Tribe Capital and Social Capital, and it also included investments from Y Combinator, Khosla Ventures, Blockchain Capital, and Airbnb The post Airbnb Co-Founder Backs $23 Million Funding Round for Institutional Cryptocurrency Dealer appeared first on CCN


Genesis Mining to End Unprofitable Crypto Contracts   (Coindesk - Aug 16)

Cloud mining service Genesis Mining is forcing some clients to upgrade to a five-year subscription or else lose services, it announced Thursday. 


110-Year-Old UPS Eyes Blockchain to Streamline Delivery Logistics   (Cryptocoinsnews - Aug 16)

Century-old delivery giant United Parcel Service (UPS) believes that blockchain technology could help streamline package delivery logistics across a global supply chain. According to documents published by the US Patent & Trademark Office (USPTO) on Thursday, the Georgia-based UPS has applied for a patent that utilizes blockchain and distributed ledger technology (DLT) to route packages The post 110-Year-Old UPS Eyes Blockchain to Streamline Delivery Logistics appeared first on CCN


California Is Open to Allowing Crypto Political Donations   (Coindesk - Aug 16)

Candidates for public office in California may soon be able to accept cryptocurrencies as donations, though the practice has not yet been codified.


Bitcoin Price Intraday Analysis: BTCUSD Holding Gains   (Cryptocoinsnews - Aug 16)

After slipping to its intraday low around $6,217, Bitcoin recovered as much as 4 percent on Thursday. Comparing to the very recent price action, Bitcoin seems to have overstayed in the $6450-6500 area. In medium-term, the price is forming poles of bear pennants every other day. But, for now, it looks like Bitcoin is in The post Bitcoin Price Intraday Analysis: BTCUSD Holding Gains appeared first on CCN


ASX Head Says New DLT System Could Save Billions   (Coindesk - Aug 16)

The Australian Securities Exchange is looking to blockchain technology as a potential replacement for its clearing and settlement services.


Naga Contributes to Spectre’s Rare Diseases Division   (Cryptocoinsnews - Aug 16)

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 Naga Contributes to Spectre’s Rare Diseases Division appeared first on CCN


Gnosis Creator: Ethereum Adoption is About dApp Network Effect, Not Users   (Cryptocoinsnews - Aug 16)

Martin Köppelmann, the creator of decentralized marketplace Gnosis, has said that the adoption of Ethereum should be measured by the network effect of decentralized applications (dApps), not the number of users on the blockchain network. Interconnected Ecosystem of dApps As a decentralized computing platform, the Ethereum blockchain network enables dApps and users to process data The post Gnosis Creator: Ethereum Adoption is About dApp Network Effect, Not Users appeared first on CCN


Judge Issues Default Judgment in ICO Fraud Lawsuit   (Coindesk - Aug 16)

A federal judge ruled against Monkey Capital after finding he defrauded victims in an initial coin offering.


Judge Rules Against ICO Founder in Fraud Lawsuit   (Coindesk - Aug 16)

A federal judge ruled against Monkey Capital and Daniel Harrison after finding he defrauded victims in an initial coin offering.


Ethereum Classic Jumps 15% Ahead of Today's Coinbase Launch   (Coindesk - Aug 16)

Ethereum classic will be listed for the first time on Coinbase later today and the market is already reacting positively.


Soccer Body UEFA Scores 'Successful' Blockchain Ticketing Trial   (Coindesk - Aug 16)

European soccer body UEFA says it has completed a "successful" trial of a mobile ticketing app built with blockchain.


There’s Still No Bitcoin ETF, But U.S. Investors Just Got a Consolation Prize   (Cryptocoinsnews - Aug 16)

The long-anticipated bitcoin ETF has yet to materialize, but American investors seeking to gain exposure to the flagship cryptocurrency through their standard brokerage accounts now have a consolation prize. Bloomberg reports that Bitcoin Tracker One, an exchange-traded note (ETN) that has been listed on Nasdaq Stockholm since 2015, can now be traded in U.S. brokerage … Continued The post There’s Still No Bitcoin ETF, But U.S. Investors Just Got a Consolation Prize appeared first on CCN


US Senate to Examine Energy Efficiency of Blockchain   (Coindesk - Aug 16)

The U.S. Senate will host a hearing on blockchain's energy use and whether the tech can be used to protect infrastructure next week.


VeChain Price Explodes 30% as Cryptocurrency Market Extends Recovery   (Cryptocoinsnews - Aug 16)

The vechain price (VET) exploded by 30 percent on Thursday, headlining a widespread recovery that raised the cryptocurrency market cap by more than $5 billion over the past 24 hours. The cryptocurrency, which serves as the native token of the smart contracts and supply chain management-focused VeChain blockchain, had traded below $0.008 during Thursday’s early The post VeChain Price Explodes 30% as Cryptocurrency Market Extends Recovery appeared first on CCN


Ripple Endorses 'Preferred' Crypto Exchanges for XRP Payments   (Coindesk - Aug 16)

Ripple is recommending three cryptocurrency exchanges as the "preferred partners" for transacting on its xRapid payments platform.


Crypto Wallet Browser Toshi Rebrands to ‘Coinbase Wallet   (Cryptocoinsnews - Aug 16)

Toshi, the open source DApp browser and wallet designed by Coinbase will now be known as Coinbase Wallet. In a Medium post published on Wednesday, the company says the name change is beyond branding, and more of a “larger effort to invest in products” that will shape the future of the decentralized web. Siddharth Coelho-Prabhu, The post Crypto Wallet Browser Toshi Rebrands to ‘Coinbase Wallet appeared first on CCN


Bitcoin Wallet Browser Toshi Rebrands to ‘Coinbase Wallet’   (Cryptocoinsnews - Aug 16)

Toshi, the open source DApp browser and wallet designed by Coinbase will now be known as Coinbase Wallet. In a Medium post published on Wednesday, the company says the name change is beyond branding, and more of a “larger effort to invest in products” that will shape the future of the decentralized web. Siddharth Coelho-Prabhu, The post Bitcoin Wallet Browser Toshi Rebrands to ‘Coinbase Wallet’ appeared first on CCN


Plz No Cat: The Future of Crypto Disputes Is Being Decided By Doges   (Coindesk - Aug 16)

Kleros, an ethereum-based blockchain resolution platform, makes you run a gauntlet of adorable shibes. But why? Very dispute, such resolution!


UK Watchdog: Summer’s Cryptocurrency Fraud Costs £2 Million in Losses   (Cryptocoinsnews - Aug 16)

The UK’s national policing lead for fraud has revealed figures wherein victims have reported 203 instances of cryptocurrency fraud totaling a little over £2 million ($2.54 million) in losses. In an announcement published this on August 10, Action Fraud – the UK’s national fraud and cybercrime reporting center – warned the public of fraudsters pushing The post UK Watchdog: Summer’s Cryptocurrency Fraud Costs £2 Million in Losses appeared first on CCN


Airbnb Co-Founder Backs $22 Million Funding for Crypto Dealer SFOX   (Coindesk - Aug 16)

A cryptocurrency dealer for institutional investors and high-net-worth individuals has closed a Series A funding round of $22.7 million.