Crypto News

This Crypto Analyst Criticized Ripple, Now He’s Getting Death Threats

Messari founder has received several anonymous death threats since publishing research alleging that the ripple (XRP) market cap is smaller than advertised. | Source: Shutterstock By CCN.com: When cryptocurrency research firm Messari published a shocking report alleging that ripple (XRP), supposedly the second-largest cryptocurrency, overstates its market cap by billions of dollars, it was a […]

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Italy’s Senate Moves to Set Legal Foundation for Blockchain Timestamps

The Italian government could soon amend regulations to allow legalized blockchain timestamping and validation of digital documents. The country’s senate, the Senato della Repubblica, on Wednesday published a proposal to add distributed ledger technology and smart contract-related terms to Senate Act No, 989, passed in December 2018. As well as including definitions of blockchain and smart […]

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Binance Launching Crypto OTC Desk May Mean Wall Street Demand For Bitcoin Still Exists

Although VanEck, CBOE, and SolidX recently pulled their collaborative Bitcoin exchange-traded fund (ETF) application, as Bakkt delayed the launches of its crypto futures vehicle, rumor has it that Wall Street is still clamoring for digital assets. While this purported influx of institutional interest has skirted past the retail investors’ radar, industry upstarts are taking notice, […]

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PG&E Stock Soars 50% as Investors Brush off Bankruptcy Concerns

PG&E stock leaped by as much as 50%, despite concerns the company will declare bankruptcy. | Source: Shutterstock By CCN.com: Pacific Gas and Electric (PG&E) recently floated the notion that it will probably be filing for bankruptcy. The Wall Street Journal calls this the first “climate change bankruptcy.” The company may be liable for billions in […]

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We Don’t Sell User Data, But Store Tons of Private Info

Mark Zuckerberg has launched a defense of Facebook’s data-storage policies in an Wall Street Journal op-ed. | Source: Shutterstock By CCN.com: Mark Zuckerberg, the CEO of social media monopoly Facebook, claims his company does not sell private user data. The 34-year-old billionaire issued the denial amid volcanic backlash over longstanding claims suggesting otherwise. “We don’t sell […]

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What is Pushing Its Market Cap North?

Binance Coin (BNB) has replaced IOTA to claim the twelfth-most largest cryptocurrency by market capitalization. At 1300 GMT today, the total market capitalization of BNB was $856.5 million, its best since November 20, 2018. IOTA, at the same time, had a market capitalization of $807.1 million. Both the price charts displayed an inverse performance relationship […]

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Blockchain Predictions Market Stox and Founder Sued for $4.6 Million

Israel-based blockchain prediction market platform Stox and its founder Moshe Hogeg are reportedly being sued by a Chinese investor for over $4.6 million over alleged fraud. As reported in The Times of Israel on Friday, investor Zhewen Hu claims in a lawsuit, filed in the Tel Aviv District Court on Jan. 24, that Hogeg had misappropriated some of the […]

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WEF Appoints BitPesa Founder as Co-Chair of Global Council on Blockchain

The World Economic Forum (WEF) has appointed the CEO and founder of BitPesa, Elizabeth Rossiello, to serve as one of two co-chairs of the Global Blockchain Council, according to a press release published Jan. 24. At the WEF Annual Meeting 2019 in Davos, Switzerland this week, Rossiello is reportedly working with both industry experts and […]

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Billionaire Hedge Fund Mogul George Soros Warns That the US-China ‘Cold War’ Could Escalate Into a ‘Hot One’

Hungarian-born US investor and philanthropist George Soros delivers a speech criticizing China and with a warning about the escalating US-China trade war on the sideline of the World Economic Forum (WEF) annual meeting, on January 24, 2019 in Davos, eastern Switzerland. . (Photo by Fabrice COFFRINI / AFP) By CCN.com: Billionaire hedge funder George Soros […]

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Blockchain-Based Project Fights to Remove Counterfeit Medication Using Stratis DLT Technology

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. Online pharma company seeks to leverage blockchain solutions to boost transparency in the pharmaceutical industry. With over 80 million medicines prescribed dispensed monthly in England alone, reports say […]

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Morgan Creek Digital Joins $3.1 Million Round for Tokenized Real-Estate Firm

Institutional digital assets manager Morgan Creek Digital has backed a $3.1 million seed round for tokenized real-estate startup RealBlocks. Announcing the news on Friday, RealBlocks said that the funding round was led by early-stage investment firm Science Inc., while other investors included Zelkova Ventures, Ulu Ventures and Cross Culture Ventures. RealBlocks founder and CEO Perrin Quarshie explained […]

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Ripple’s XRP Market Cap May Be 47% Lower Than Advertised

Ripple, the company behind XRP, may be overstating the digital token’s real market cap by as much as 47 percent, according to cryptocurrency data company Messari.  A Hole in the Plot According to a new Messari report, the total circulating supply of XRP 00 is 21.8 billion. This differs significantly from data provided to third-party […]

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Ripple CEO Adamant That Bitcoin (BTC) Won’t Collapse To $0

Although many bash San Francisco-based Ripple for supposedly plotting to kill Bitcoin (BTC), with Wall Street and financial incumbents no less, the firm’s C-suite head recently doubled-down on his love for the cryptocurrency. In fact, the crypto-centric financial technology upstart’s head refuted sentiment that BTC could capitulate to zero, citing its inherent value and expansive ecosystem. […]

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Dow Beats Back Bears with 200 Point Rally, Bitcoin Teeters at Critical Level

The Dow Jones Industrial Average turned bullish on Friday, but the same could not be said of the bitcoin price. | Source: Bryan R. Smith / AFP By CCN.com: The bulls are back in town ahead of the US trading session, at least for one more day, and a buoyant Dow looks poised to leap […]

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Ethereum-Based Scam Revenue More Than Doubled in 2018: Report

The value of Ethereum (ETH) stolen via scams reached $36 million 2018, according to a report released by crypto analytics company Chainalysis on Jan. 23. According to the Chainalysis report, scams that occurred last year were reportedly more sophisticated, bigger and vastly more lucrative. Chainalysis also reports that Ethereum has “long been known as the […]

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Bitcoin Could Fall Below $1,260 if the Bear Market Continues: JP Morgan Analysts

Bitcoin price could yet see more gloom in the bear market, according to JPMorgan analysts| Source: Shutterstock By CCN.com: Wall Street firm JP Morgan has predicted that HODLers should expect to experience more pain if the crypto winter persists. According to JPMorgan analysts, the price of bitcoin could fall to as low as $1,260, Reuters […]

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Netflix and Amazon Shares Have Peaked, ‘Purgatory’ Next: Investment Advisor

The investment manager executive sees the two stocks reaching a peak, buoyed by the recent stock rally. | Source: Shutterstock By CCN.com: Stock market analysts believe that the recent stock market rally which boosted prices of certain tech stocks will be short-lived, with Netflix and Amazon singled out as potentially heading for a “purgatory period”. […]

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More Than 240 Locations in Slovenia Accept Payment Via New App

The team behind a mobile application enabling shoppers to pay with crypto at online and brick-and-mortar stores has unveiled new features and a redesign — enabling consumers to shop as post-New Year sales are in full swing. Eligma, a startup dedicated to smart commerce and blockchain advocacy, says the latest version of its Elipay app […]

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40% of Investors Say Blockchain Could Be ‘Most Transformative’ Tech Since Internet: Survey

40 percent of institutional investors believe blockchain may be the most important innovation since the internet, according to a survey by trade association the Global Blockchain Business Council (GBBC), shared with Cointelegraph Jan. 24. The opinions of 71 investors, which the GBBC quizzed about blockchain this month and last, were revealed at the ongoing World […]

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Blockchain Project Polkadot Plans ICO to Raise Another $60 Million: Report

Blockchain project Polkadot is reportedly seeking to raise up to $60 million through another initial coin offering (ICO). According to a report from The Wall Street Journal on Thursday citing “people familiar with the matter,” the startup’s latest token fundraising effort would bring the value of all its tokens to $1.2 billion, when those not in […]