Chinese Crypto Miner to Launch Remittance-Friendly Digital Peso in Philippines in H1 2019: Yashu Gola
Huaren Capital had entered the Philippines’ business territory to expand its crypto mining business. But the Chinese firm has found another purpose on the sideways. The crypto giant plans to launch a digitized version of Philippino Peso called “Digital Peso” …
Backlash as Nigerian Bank Threatens to Restrict Crypto-Related Accounts: David Hundeyin
Union Bank of Nigeria PLC, Nigeria’s sixth largest bank by assets has issued a general notice informing its customers that henceforth all accounts linked to cryptocurrency trading activities will be monitored and may be subject to restrictions going forward. …
BP And Shell’s Blockchain-Based Oil Trading Platform Goes Live: Mark Emem
A blockchain-based trading platform that could assist oil majors and trading firms to drastically reduce costs is now operational. Known as Vakt, the platform which was created last year by a consortium consisting of Anglo-Dutch oil giant Shell and British Pe…
ISIS Recruit who Used Bitcoin to Finance Terror Group Could get 20 Years in Jail: Mark Emem
A Pakistani-American woman who bought bitcoin and other cryptocurrencies using fraudulently obtained credit cards before wiring the funds to ISIS has pled guilty to charges of offering financial support to a terrorist organization. According to court filings,…
Bitcoin Deflated Like a ‘Soap Bubble’: Russian Economy Minister: David Hundeyin
Russian Economic Development Minister Maksim Oreshkin has stated that while bitcoin has deflated like a “soap bubble,” it has impacted the world positively by boosting investment in new technologies. Speaking to the media on Wednesday at Russia Calling, an in…
Does VanEck Bitcoin ETF Address the Concerns of SEC Chairman on Manipulation?: Joseph Young
Earlier this week, US Securities and Exchange Commission (SEC) Chairman Jay Clayton said at a conference in New York that to approve a Bitcoin exchange-traded fund (ETF), the SEC needs to see a market that is free of manipulation. Clayton stated: “What invest…
TKO: Floyd Mayweather, DJ Khaled Knocked out by SEC Probe into ICO Promos: Samantha Chang
Pro boxing champ Floyd Mayweather Jr. and music producer DJ Khaled agreed to pay the Securities and Exchange Commission a combined $767,500 to settle charges of illegally promoting ICOs. These are first cases the SEC has brought violations involving ICO promo…
SIRIN LABS Releases $999 Blockchain Phone: ‘FINNEY’: P. H. Madore
The FINNEY phone came out today at a launch event in Barcelona. The $999 phone is the first of its kind, integrating blockchain technology at its core in order that its users may can securely use blockchain products. The product aims to address issues that cr…
Breaking: SEC Charges Floyd Mayweather, DJ Khaled with Illegally Promoting ICOs: Josiah Wilmoth
The US Securities and Exchange Commission (SEC) has charged boxing legend Floyd Mayweather and recording artist DJ Khaled with illegally promoting initial coin offerings (ICOs). The two celebrities, as CCN reported, had been among the most prolific ICO promot…
Crypto Surges $23 Billion amid US Stock Market Recovery: Direct Correlation?: Joseph Young
On November 28, the Dow Jones Industrial Average surged by 617 points, recording its biggest rally since March. Following the unexpected rebound of the U.S. stock market, the crypto market increased in valuation, by more than $23 billion. Federal Reserve Chai…
US Blacklists Bitcoin Addresses of Iranians Behind SamSam Ransomware: P. H. Madore
Readers may remember the SamSam ransomware attack, which cost everyday computer users a total of at least $6 million in BTC, as reported back in August. Today the US Treasury announced that it had uncovered the names of two Iranians who helped turn the bitcoi…
Mark Yusko: US Stock Market Bloodbath Likely, Bitcoin a Good Long-Term Bet: Joseph Young
Student loans, credit card debt, mortgage, corporate loans, and all kinds of debt are placing huge pressure on the U.S. stock market. Over the long-term, Mark Yusko believes emerging markets and Bitcoin are viable long-term bets for investors. On CNBC’s Fast …
BitMart Announces Strategic Partnership with Tron: Press Release
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 c…
Ohio Is ‘Planting A Flag’ And ‘Embracing Cryptocurrency’: State Treasurer: P. H. Madore
Asked on Bloomberg News Thursday morning “just how big a deal” it is that Ohio now accepts cryptocurrencies for tax payments, Ohio State Treasurer Josh Mandel responded in kind saying that Ohio is “proud to do its small part” by being the first in the nation …
Trending: Google Searches for Bitcoin Surges to 8-Month High: Joseph Young
The interest toward Bitcoin by the mainstream has started to increase once again. According to Google Trends, the popularity of the keyword “Bitcoin” on the search engine recently achieved March highs. The frequency of Bitcoin searches on Google has been on a…
‘Unequivocal Yes’: NYSE Chair Says Bitcoin and Crypto Are Here To Stay: Samantha Chang
Bitcoin and cryptocurrencies are here to stay despite the current bear market, says Jeff Sprecher, chairman of the New York Stock Exchange and CEO of its parent company, Intercontinental Exchange (ICE). When asked about the plunging crypto market values, Spre…
$19 Billion Gained in 24 Hours: Crypto Market Makes a Recovery: Joseph Young
Within the past 24 hours, the crypto market has added $19 billion to its valuation as the price of Bitcoin (BTC) surged to $4,300. After dropping to the low $3,000 region, Bitcoin engaged in an unexpected price rally, rising by more than 15 percent on a singl…
Crypto Cooldown Forces Steemit to Lay off 70% of Employees: Jimmy Aki
Steemit, a decentralized sharing system and distributed app designed to rewards content creators with crypto, will be laying off a massive chunk of its staff. The company announced that it is cutting off 70% of its workforce, citing “the weakness of the crypt…
UAE Launches Blockchain Initiative to Process 50% of Govt. Transactions by 2021: Mark Emem
The government of the United Arab Emirates has unveiled two national initiatives focusing on strengthening the position of the country globally in emerging technologies such as blockchain and artificial intelligence. One of the programs that were launched dur…
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