Category Archives: ccn

Bitcoin Bomb Threats, Romanian Fraud Arrests, Bitcoin Cash Continues to Plummet, Coinbase Integrates Paypal and More: This Week in Crypto

Advertisement Several Notches Above Ransomware An extortion scheme which sought to terrorize people into paying over BTC made global headlines over the course of the week. The threats happened worldwide, at a minimum being reported in the US, New Zealand, and Australia. The bomb threats demanded $20,000 in BTC in exchange for the terrorists to “give the command… Read More »

Donald Trump Hires Prominent Bitcoin Supporter Mick Mulvaney to White House Staff

Advertisement U.S. President Donald Trump has hired the prominent Bitcoin supporter Mick Mulvaney to be his new White House Chief of Staff. Donald Trump is one of the most polarizing people on Planet Earth and whether you love him or hate him, it is beneficial for the crypto industry to have a major Bitcoin advocate whispering sweet nothings… Read More »

Brazilian Football Club Atletico Mineiro Launch Crypto Token for Fans

Advertisement The latest football team to embrace cryptocurrency is the Brazilian football club Atletico Mineiro, who are amidst launching a crypto token for fans called ‘Galo Coins’. The relationship between the crypto industry and football is at an all-time-high as sports and crypto are a match made in heaven. As crypto looks to gain wider traction in the… Read More »

BitUSD Divorces Wildly From $1 Target

Advertisement BitUSD logo According to recent market data, bitUSD, an elder stablecoin with a similar design and functionality to the Dai, is currently worth 30% less than the dollar it is intended to be worth. The way the design of BitShares, the platform on which BitUSD is issued, works is that if the network lacks liquidity for the… Read More »

Crypto Hedge Fund: No One Took us up on $1 Million Stock Market Bet

Advertisement Morgan Creek founder Anthony Pompliano has claimed that his company’s $1 million bet on stocks outperforming crypto over the next ten years has had no takers since it was put up more than a week ago. On December 9, CCN reported that Morgan Creek instituted a $1 million “Buffet 2.0” wager inviting investors and money management professionals… Read More »

The Venezuelan Government is Forcing Petro Down the Pensioners’ Throats

Advertisement The Government of Venezuela is reportedly taking pensioners’ bolivars from their accounts and replacing them with their cryptocurrency, the Petro. According to Caracas Chronicles, the elderly residents recently received their monthly pensions in Venezuela’s official currency. Their wallet service, dubbed as Motherland, sent a notification that their accounts were credited with 1,800 Bolivars. However, the pensioners received… Read More »

Waves Surges into Top 20 Coins as Wider Crypto Market Stumbles

Advertisement Since the end of November, the Waves coin (WAVES) has bucked a market trend and risen in price by over 150%. The cryptocurrency has not only risen to a price, at the time of writing, of $2.49 per coin but as bitcoin price falls, WAVES value against bitcoin (BTC) is also growing. The Waves cryptocurrency today, for… Read More »

French Financial Watchdog Blacklists More Cryptocurrency Websites

Advertisement The French financial watchdog, the Financial Markets Regulator (AMF), has blacklisted four more cryptocurrency websites in their ongoing mission to stamp out unauthorized crypto firms. As news of riots in France batter the world news, the AMF is also using strong-arm tactics to keep then nation’s crypto sector honest and in-check with their latest move. Official Statement… Read More »

Romanian Bitcoin Exchange CEO Helped Launder Stolen Funds: Report

Advertisement According to a Cluj, Romania-based newspaper, the case of bitcoin exchange executive Vlad Nistor is much deeper than the simple illegal operation of a cryptocurrency firm. Their most recent report on the case speaks to some much more serious allegations as to the behavior of Vlad Nistor. More Details Emerge in Bitcoin Exchange CoinFlux CEO’s Arrest The… Read More »

‘Wasteland’ Director’s New Blockchain Gaming Store Signs up 22 Publishers

Advertisement Co-founded by veteran game developer Brian Fargo, Robot Cache will purportedly be the first blockchain-based digital marketplace for video games. Brian Fargo Launches Blockchain-Based Steam Competitor The PC games platform is set to launch sometime in 2019 but has already signed up 22 publishers and 700 games for its blockchain-based competitor to Steam. “Wasteland” director Brian Fargo… Read More »