Cryptocurrency Highlights, News, Use Cases And Other Reckonings : #99 (2018-11-02)

in #steemit5 years ago

Pay Bitcoin or Else: Thugs Threaten Amsterdam Businesses with Explosives: Mark Emem


Business owners in Amsterdam are living in fear of criminals who are threatening to cause acts of terror unless they are paid an extortion fee in bitcoin. According to a Netherlands publication NLTimes, emails have been sent to multiple businesses in Amsterda…

New Zealand Government’s $315,000 Grant to Bitcoin Startup Sees Criticism: Mark Emem


A decision by a New Zealand government agency to award a grant to a bitcoin startup has been met with condemnation. The criticism over the decision by Callaghan Innovation to award Vimba a NZ$315,000 grant has largely come from tech executives. Some have ques…

Bakkt to Lead Bitcoin Recovery, Feb 2019 ETF Denial Crashes BTC: Analyst: Joseph Young


Alex Krüger, a well-recognized cryptocurrency trader and technical analyst, has said Bakkt will lead the recovery of Bitcoin throughout 2018 and the first quarter of 2019. But, Krüger explained that the rejection of the Bitcoin exchange-traded fund (ETF) fili…

Axeso5 and DeStream Enter into a Partnership Which Should Change the Streaming Industry Forever: 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…

Morgan Stanley: Bitcoin is a New Institutional Investment Class: Jimmy Aki


There is a rapidly growing interest in bitcoin and other cryptocurrencies among institutional investors while there seems to be lethargy in the number of retail buyers operating within the space. As such, bitcoin and altcoins now constitute a new institutiona…

CryptoKitties Creator Has Now Raised Almost $75,000 Per Daily Active User: P. H. Madore


Dapper Labs, who believe that their product CryptoKitties is the “world’s first and most successful consumer blockchain product” according to this press release, has raised $15 million from a few venture capital firms including funds run by heavyweights Googl…

Making History: CoinJoin Developer Sends Largest-Ever Anonymous Bitcoin Transaction: P. H. Madore


CoinJoin is a method of anonymizing bitcoins that developer Gregory Maxwell came up with in an effort to help bitcoin users remain anonymous. The idea is simple: when two users both want to make a transaction, if they make the transactions together, their inf…

As Ethereum & Ripple (XRP) Plunged, Tron the Only Major Crypto Post Gains in October: Benjamin Pirus


The month of October saw many altcoins continue to bleed out in price, with ethereum (ETH) and ripple (XRP) each declining by more than 10 percent. After almost ten months of mostly bearish price action in the cryptocurrency space, there was just one crypto t…

BlackRock Won’t Launch Bitcoin ETF Until Crypto Is ‘Legitimate,’ Says CEO Larry Fink: Samantha Chang


BlackRock — the world’s largest asset manager and ETF provider — has slowly been warming to crypto, but will not launch a bitcoin exchange-traded fund (ETF) until the industry becomes “legitimate,” said CEO Larry Fink. “I wouldn’t say never — when it’s legiti…

The Broth Thickens: More Details Emerge in Oyster Protocol Exit Scam Scandal: P. H. Madore


Oyster Protocol issued $90,000,000 worth of PRL (pearl) near the end of last year. The crypto product is designed to enable website owners to earn money by participating in the storage and securing of files within the IOTA Tangle rather than advertising. User…

Bitcoin Investment Trust Creator Has Raised Record $330 Million This Year: Josiah Wilmoth


Ten months into a bear market that has seen cryptocurrency prices decline approximately 75 percent from their all-time highs, analysts differ on whether the bitcoin price has found a bottom or could continue to decline over a time horizon as long as 18 more m…

Bitcoin Price Intraday Analysis: BTC/USD Recovers amid Downside Vulnerability: Yashu Gola


Bitcoin on Thursday is trending inside a narrow trading channel, sustaining the 1 percent gain it made the previous day. The BTC/USD instrument is rebounding from the highs made during the Wednesday trading session, now 0.67 percent down at 6307-fiat. The hig…

Coinsource Receives First BitLicense to Operate Bitcoin ATMs in New York: P. H. Madore


The world’s largest bitcoin ATM company has finally received official approval to operate in New York. They had previously been operating in New York almost since the company’s inception via a provisional license. Last year, they received coverage in the New …

HOQU Is Introducing the Beta Version of Their Application for Merchants. Application for Affiliates Has New Features: 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. The HOQU team is pleased to announce the accomplishment of the beta version of its app…

BitMax.io Launches Innovative Mining to Benefit Crypto Trading and Exchange Community: 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…

Breaking: Tether Opens $1.8 Billion Bank Account in the Bahamas: Josiah Wilmoth


Tether Limited, the issuer of controversial USD-pegged cryptocurrency stablecoin tether (USDT), has confirmed that it has established a banking relationship with a small financial institution based out of the Bahamas. The firm, notorious for its opaque operat…

Stablecoin Wars: Coinbase Token Attracts Capital But PAX Dominates Trading: Josiah Wilmoth


It’s now been nearly two months since Winklevoss-led cryptocurrency exchange Gemini fired the first shot in the stablecoin wars through the launch of its USD-pegged crypto token, the eponymous Gemini Dollar. That same day, Paxos — like Gemini an NYDFS-regulat…

Japanese Financial Giant SBI to Use Ripple (XRP) Extensively With R3: Joseph Young


At the SBI Financial Results Briefing, SBI Group CEO Yoshitaka Kitao announced that the firm has already begun the discussions to create a project for R3 that uses Ripple (XRP) more extensively. “We have already begun discussions to create a project to use XR…

Korean Crypto Giant Bithumb Makes U.S. Foray with Security Token Exchange Deal: Gerelyn Terzo


Cryptocurrency exchanges continue to demonstrate resilience despite this year’s downturn in trading volume and prices. Most recently, Bithumb, which is South Korea’s biggest cryptocurrency exchange, is making an expansion push, having partnered with seriesOne…

Hong Kong Reveals Regulatory Framework for Crypto Exchanges, Funds: Jimmy Aki


The Hong Kong Securities and Futures Commission (SFC) released a statement today stipulating the regulatory standards that would define the trajectory of virtual assets portfolio managers and fund distributors, according to an announcement on its website. As …

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