By CCN: Monacoin bills itself as Japan’s first cryptocurrency, and it’s gained significantly during the recent bull market activity. The cat meme cryptocurrency surged more than 80% in just 24 hours, leaving it with a per-token value of more than $2. Previously, Monacoin’s price was closer to $1. The rally came even as the Bitcoin
Month: May 2019
Craig Wright’s copyright registration of the original bitcoin white paper is starting to create ripple effects. On May 28 Scribd, a service for posting downloadable documents on the Internet, notified CoinDesk that it had pulled down our copy of the Satoshi Nakamoto white paper. “This is a notification that Scribd’s BookID copyright protection system has
Startups that conducted initial coin offerings (ICO) years ago may be eligible for relief from potential enforcement actions by the U.S. Securities and Exchange Commission, an agency official said Friday. For the last year and a half, the regulator has been filing cases against projects that raised money by selling tokens without registering them as
Bitcoin is closing out the month near $8,500 USD. Surging more than 60% since the beginning of the month, its revival has caused a global stir. However, in the midst of the excitement, blockchain researcher Chainalysis is discovering a problem that perhaps most of us already know: hardly anyone is actually spending it. Chainalysis Inc
One of the world’s largest consultancy firms has released a new set of protocols for enabling private transactions atop the ethereum blockchain. The project, dubbed “Nightfall,” by Ernst & Young (EY) was released on GitHub Friday. The goal, according to the code’s description on GitHub, is to provide a means for transacting on ethereum with
DAMN I AM BULLISH ON BITCOIN PRICE, Everything about this screams Bull! ????FREE $5 – http://bit.ly/2vqisrT – CLAIM & WITHDRAW INSTANTLY???? Right then, this was quite the turn of events but nothing i didn’t expect, Bitcoins Price is very volatile around these levels so you would expect to see large price fluctuations. I fully expect
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By CCN: Ethereum price(ETH) has depreciated more than 10-percent against the US dollar as the global cryptocurrency market undergoes a massive correction. The ETH-to-dollar dropped to $235.44 on Coinbase as on May 30, 2100, UTC after rallying for five weeks consecutively. The pair attempted a small pullback from its newfound intraday low, but could not
The liquidators of now-defunct New Zealand crypto exchange Cryptopia have released the first report on the state of affairs of the firm, according to the documents published on May 31. Cryptopia’s recently assigned liquidator, Grant Thornton, has released an estimation statement of the financial state of the firm, reporting that the hacked exchange owes a
Hackers from North Korea were behind a phishing scam targeting users of South Korean cryptocurrency exchange UpBit, Korean-language cryptocurrency news outlet CoinDesk Korea reported on May 29. According to findings by local cybersecurity firm East Security, the scam came in the form of an email sent to UpBit users requesting account information. The pretence was
A new financial institution is preparing to open its doors for crypto startups in the U.S., and raising capital in an unorthodox manner. Founded by two Russians and an American with finance backgrounds, Arival Bank (with one “r”) is waiting for an International Financial Entity (IFE) license from regulators in Puerto Rico before it can
By CCN: Dow Futures slipped 220 points late Thursday after Donald Trump threatened to levy 5% tariffs on all imports from Mexico by June 10. The tariffs will rise in gradual increments to 25% by October 2019. They’ll remain in effect until further notice. Dow futures drop 220 points after Trump says he will impose
Bitcoin has broken down and out of the larger rising wedge its been consolidating in for the last 3 weeks. Price dropped as low as $8,000 before bulls pushed it back above $8,200. A DECISIVE break below $8150 (daily candle opening and closing) would signal a larger drop to at least $7,500 in my opinion.
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U.S. insurance giants State Farm and USAA have entered advanced testing of a blockchain to automate the time-consuming and paper-heavy processing of automobile claims. Announced Thursday, the companies developed this system using Quorum, the private enterprise version of ethereum created by JPMorgan Chase. State Farm and USAA began working on the joint platform (which is
By CCN: Facebook founder and CEO Mark Zuckerberg will face another symbolic vote today to oust him as chairman of the board. Facebook shareholders NorthStar Asset Management and Trillium Asset Management have long sought to remove Zuckerberg as the company’s chairman. The vote to repeal and replace Mark Zuckerberg with someone better for Facebook’s health
Huobi Global said it does not engage in any wash trading, and has taken steps to discourage such activity in the wake of a report implying the crypto exchange reported fake trading volume. Livio Weng, CEO of Huobi Global, told CoinDesk through a spokesperson that the exchange “is not involved in any wash trading,” and
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By CCN: A hesitant Dow crept toward a paltry recovery on Thursday following a two-day bloodbath that wiped nearly 500 points off the index. The trade war continues to command Wall Street’s undivided attention, and Beijing’s latest provocations should terrify investors. Dow Creeps Toward Meager Recovery Wall Street betrayed a lack of conviction ahead of
Craig Wright, the Australian entrepreneur who recently and controversially filed copyright registrations for the bitcoin white paper and original code, now has a legal rival. A second copyright registration (number TX0008726120) for the white paper has appeared on the public catalog of the United States Copyright Office, indicating that a certain Wei Liu is also
By CCN: Tesla CEO Elon Musk unintentionally provided the stock market with some laughs Thursday, reportedly issuing a letter to employees demanding that the electric vehicle maker deliver cars faster. This comes as no surprise, as it seems it has dawned on Elon Musk that reality has caught up with his smoke and mirrors charade.
The Tezos blockchain has officially been upgraded. In a first for Tezos, two separate backwards-incompatible changes have been activated on the network after three months of on-chain voting by stakeholders. The Tezos self-amendment process which began for this first time back in February came to a close late Wednesday with the successful activation of an
Oh Dear, looks like the SEC has got a bee in its bonnet over cryptocurrency and Bitcoin again! ???????? ????FREE $5 – http://bit.ly/2vqisrT – CLAIM & WITHDRAW INSTANTLY???? So The SEC is publishing new laws and rules along with the The Financial Action Task Force (FATF) with regards to AML-5 and basically regulating Cryptocurrency and
Today I present proof on why wall street or Institutional Investors are now buying Bitcoin and Crypto at a huge premium. They are buying based on FOMO and its exciting. ▶Become a CryptosRus INSIDER to gain exclusive insight on the market, get reviews and analysis on undervalued cryptocurrencies and get access to valuable tools that
This market trading analysis applies to various exchanges, including Bitmex and Binance. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver
Egypt appears to be loosening its restrictions on cryptocurrency. A source speaking to the Middle East News Agency described a proposed bill to ban the creation, trading, or promotion of cryptocurrencies without a license. Previously Egypt banned all cryptocurrency under Islamic law. Shawki Allam, the current Grand Mufti of Egypt, issued that ban in early 2018,
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