Cryptocurrency Highlights, News, Use Cases And Other Reckonings : #152 (2018-11-30)

in #crypto5 years ago

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…

Introducing Chronoswiss: Swiss-made Watches Immortalised on the Blockchain: Sponsored


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. Tech Bureau Europe, one of Japan’s foremost Crypto-Fintech labs, has announced the unv…

Blockchain Based Invoice Financing Platform Hiveterminal Online, Set to Disrupt Current Industry: Sponsored


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. As a financial instrument, invoice financing is a valuable tool that organizations fre…

Tron (TRX) Spikes 33.33% in Daily Gains as Crypto Market Rebounds: Yashu Gola


Tron on Thursday rose up to 33.33% against the US Dollar as the crypto market headed for an extended upside action. The TRX/USD tested a new weekly high at 0.016-fiat, according to data available at BitFinex, before correcting lower towards 0.0144-fiat, an in…

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