What Are Crypto Executives Still Positive About After Massive 80% Bitcoin Drop?

What Are Crypto Executives Still Positive About After Massive 80% Bitcoin Drop?

By CCN.com: In 2018, with the exception of Bitcoin and several other crypto assets, the majority of cryptocurrencies fell by more than 90 percent against the U.S. dollar. Executives in the crypto space, especially those leading new initiatives and businesses in the emerging industry, believe that the bear market has presented companies with positive opportunities… Continue reading What Are Crypto Executives Still Positive About After Massive 80% Bitcoin Drop?

Hacked Customer Data From World Leading Cryptocurrency Exchanges For Sale On The Dark Web?

Hacked Customer Data From World Leading Cryptocurrency Exchanges For Sale On The Dark Web?

Hacked KYC documents from top cryptocurrency exchanges are available on the Darknet. Image from Shutterstock. On a darknet market called “Dread,” a vendor going by “ExploitDOT” is attempting to sell user data from the know-your-customer (KYC) data top cryptocurrency exchanges ask for, required by most jurisdictions. According to data shared with CCN, the hacker has… Continue reading Hacked Customer Data From World Leading Cryptocurrency Exchanges For Sale On The Dark Web?

Indonesia’s First Billion-Dollar Unicorn Acquires Philippine Bitcoin Wallet

Indonesia’s First Billion-Dollar Unicorn Acquires Philippine Bitcoin Wallet

By CCN.com: On Jan. 18, after an unsuccessful attempt to enter the Philippines market earlier this month due to foreign ownership concerns, Go-Jek, a major Indonesian ride-sharing platform has announced a partnership between with Coins.ph, a local crypto wallet and payments platform. The Filipino firm is currently in the process of rolling out beta access to users in the… Continue reading Indonesia’s First Billion-Dollar Unicorn Acquires Philippine Bitcoin Wallet

Turkish Crypto Exchange Sistemkoin’s Disturbing Security Flaw Reveals Major Withdrawal Complaints

Turkish Crypto Exchange Sistemkoin’s Disturbing Security Flaw Reveals Major Withdrawal Complaints

Image via Shutterstock. By CCN.com: Turkish crypto exchange Sistemkoin had done $68 million in volume over the 24-hour period at time of writing. However, according to a report from a user and security researcher, there are significant security problems with the exchange. The exchange did over $10 million in Bitcoin trades alone. Source: coinmarketcap.comThere are two… Continue reading Turkish Crypto Exchange Sistemkoin’s Disturbing Security Flaw Reveals Major Withdrawal Complaints

Russia’s Not Buying Bitcoin, Dx.Exchange’s Shady Past, and Ethereum’s Hard Fork That Wasn’t: This Week in…

Russia’s Not Buying Bitcoin, Dx.Exchange’s Shady Past, and Ethereum’s Hard Fork That Wasn’t: This Week in…

From fake news about Russia buying Bitcoin to Ethereum’s hard fork that wasn’t, CCN breaks down the last week in crypto news. | Source: Shutterstock By CCN.com: This week in crypto saw several interesting developments as regard exchanges, exit scams, and at least one failed ICO-funded company in the form of Giga Watt. Crypto Media… Continue reading Russia’s Not Buying Bitcoin, Dx.Exchange’s Shady Past, and Ethereum’s Hard Fork That Wasn’t: This Week in…

Two patients die after catching disease linked to pigeon droppings at hospital

Two patients die after catching disease linked to pigeon droppings at hospital

Two patients have died after contracting a fungal infection linked to pigeon droppings at a hospital. NHS Greater Glasgow and Clyde (NHSGCC) has launched a probe into the death of one patient at Queen Elizabeth University Hospital in Glasgow, with the cause still to be determined. The health board said the second patient affected -… Continue reading Two patients die after catching disease linked to pigeon droppings at hospital

Two dead after pigeon droppings infection at Glasgow hospital

Two dead after pigeon droppings infection at Glasgow hospital

Patients believed to have inhaled cryptococcus at Queen Elizabeth University hospital NHS Greater Glasgow and Clyde, which runs Queen Elizabeth University hospital in Glasgow, has launched an investigation. Photograph: Kay Roxby/Alamy Two patients have died at a hospital after contracting a fungal infection linked to pigeon droppings. The individuals are thought have caught the airborne… Continue reading Two dead after pigeon droppings infection at Glasgow hospital

The social layer is ironically key to Bitcoin’s security

The social layer is ironically key to Bitcoin’s security

A funny thing happened in the second half of 2018. At some moment, all the people active in crypto looked around and realized there weren’t very many of us. The friends we’d convinced during the last holiday season were no longer speaking to us. They had stopped checking their Coinbase accounts. The tide had gone… Continue reading The social layer is ironically key to Bitcoin’s security

Top 3 Mistakes Investors Make when Managing Their Cryptocurrency Holdings

Top 3 Mistakes Investors Make when Managing Their Cryptocurrency Holdings

Cryptocurrency investors make three common mistakes when managing their funds. | Source: Shutterstock By CCN.com: Money is older than recorded history. As long as money has existed, so too have counterfeiters and crooks. Issuers of currency have spent millennia preventing counterfeiting: Just consider today’s paper bills, which are printed with special dyes on watermarked stock,… Continue reading Top 3 Mistakes Investors Make when Managing Their Cryptocurrency Holdings

Bullish Move: Crypto Market Adds $5 Billion as Bitcoin Price Surpasses $3,700

Bullish Move: Crypto Market Adds $5 Billion as Bitcoin Price Surpasses $3,700

Image credit: Shutterstock Over the last 24 hours, the crypto market has rebounded slightly by $5 billion, from $120 billion to $125 billion following a promising breakout of the Bitcoin price above $3,700. The unforeseen strong movement of Bitcoin could lead to the short-term recovery of other major crypto assets and low market cap cryptocurrencies… Continue reading Bullish Move: Crypto Market Adds $5 Billion as Bitcoin Price Surpasses $3,700

Crazy Number of Subpoenas Shows Why Crypto Exchanges are Fleeing the US

Crazy Number of Subpoenas Shows Why Crypto Exchanges are Fleeing the US

The exorbitant number of requests that law enforcement agencies send to crypto exchanges shows why so many companies are fleeing the US. | Source: Shutterstock By CCN.com: A new report released by major crypto exchange ShapeShift revealed that it had received 18 subpoena requests from U.S. authorities in 2018. Despite being based in Switzerland, the… Continue reading Crazy Number of Subpoenas Shows Why Crypto Exchanges are Fleeing the US

Chilean Citizens Will Begin Paying Cryptocurrency Taxes in 2019

Chilean Citizens Will Begin Paying Cryptocurrency Taxes in 2019

Taxpayers in Chile are reportedly going to have to pay taxes on cryptocurrency earnings this year, as the country’s Internal Revenue Service (Servicio de Impuestos Internos, SII) has included a section for cryptoassets in a form that has to be filled on taxpayers’ Annual Income Tax Returns. According to local media, last year the country’s… Continue reading Chilean Citizens Will Begin Paying Cryptocurrency Taxes in 2019

Taiwan: Bitcoin Traders Ran $51 Million Crypto Scam, Prosecutors Say

Taiwan: Bitcoin Traders Ran $51 Million Crypto Scam, Prosecutors Say

Prosecutors say that a group of bitcoin traders in Taiwan ran a $51 million crypto scam. | Source: Shutterstock Prosecutors in Taiwan indicted seven bitcoin traders for allegedly operating a sham crypto investment scheme that bilked $51 million from more than 1,000 investors. The ringleader was a 47-year-old man whose surname is Lin, Focus Taiwan reported. The… Continue reading Taiwan: Bitcoin Traders Ran $51 Million Crypto Scam, Prosecutors Say

Bitmain’s Chip Supplier Saw a ‘Big Drop’ in Crypto Mining Sales Last Year

Bitmain’s Chip Supplier Saw a ‘Big Drop’ in Crypto Mining Sales Last Year

TSMC, which supplies chips to bitcoin mining giant Bitmain, said crypto-related demand plunged in 2018. | Source: Shutterstock Taiwan Semiconductor Manufacturing Company Limited, who provides chips to Bitcoin mining giant Bitmain, says that 2018 saw a downturn in demand for crypto mining chips. In a recent conference call with investors, TSMC CEO C. C. Wei… Continue reading Bitmain’s Chip Supplier Saw a ‘Big Drop’ in Crypto Mining Sales Last Year

Officials identify Americans killed in Syria terror attack

Officials identify Americans killed in Syria terror attack

The US Defense Department has identified three of the four Americans – including a 35-year-old woman from upstate New York – killed by an ISIS suicide bomber in Syria. Navy Chief Cryptologic Technician Shannon M. Kent, 35, of upstate New York; Army Chief Warrant Officer 2 Jonathan R. Farmer, 37, of Boynton Beach, Florida; and… Continue reading Officials identify Americans killed in Syria terror attack

U.S. Congressman Reintroduces Bill to Give ‘Safe Harbor’ to Cryptocurrency Firms

U.S. Congressman Reintroduces Bill to Give ‘Safe Harbor’ to Cryptocurrency Firms

United States Congressman Tom Emmer (MN-06) this week reintroduced a bill designed to provide regulatory clarity for cryptocurrency companies. Tagged the ‘Blockchain Regulatory Certainty Act’, it was initially introduced on the floor of the house in September 2018 alongside two other cryptocurrency-related legislative namely  a House resolution to express support for cryptocurrency and blockchain technology, and the Safe Harbor for… Continue reading U.S. Congressman Reintroduces Bill to Give ‘Safe Harbor’ to Cryptocurrency Firms

Why the Bitcoin Price Could Fall to $2,400 & Entice Wall Street to Buy the Dip

Why the Bitcoin Price Could Fall to $2,400 & Entice Wall Street to Buy the Dip

The bitcoin price could be primed for another sell-off, which some analysts believe would make it cheap enough to entice Wall Street to buy the dip. | Source: Shutterstock With the bitcoin price continuing to hover around $3,500 following last week’s sell-off, technical analysts have begun fevered debates about whether the flagship cryptocurrency will see more… Continue reading Why the Bitcoin Price Could Fall to $2,400 & Entice Wall Street to Buy the Dip

ShapeShift forced to ‘help’ police with 60 cryptocurrency inquiries last year

ShapeShift forced to ‘help’ police with 60 cryptocurrency inquiries last year

Prominent cryptocurrency exchange service ShapeShift has disclosed the number of times it been forced to give up information about its users to international authorities. In a blog post, ShapeShift revealed it has “assisted” law enforcement agencies with 60 different inquires last year, 30 percent of which came from the United States. A significant number of… Continue reading ShapeShift forced to ‘help’ police with 60 cryptocurrency inquiries last year

Bitcoin con artists charged with $51M investment scam

Bitcoin con artists charged with $51M investment scam

In Taipei, a group of Bitcoin BTC con artists have been charged with running an elaborate cryptocurrency scam that defrauded local and foreign investors out of millions of dollars. Authorities formally charged a 47-year-old man surnamed Lin, along with six accomplices, with violating Taiwan‘s Banking and Multi-Level Marketing Supervision acts with a fake Bitcoin investment… Continue reading Bitcoin con artists charged with $51M investment scam