Could This Crypto Ransomware Cripple China’s Bitcoin Mining Industry?: David Hundeyin
By CCN.com: China’s sprawling bitcoin mining industry is being targeted by a terrifying new ransomware strain that is threatening the economy of the Sichuan river basin where most mining farms are located, housing a huge percentage of the bitcoin blockchain’s…
PG&E Shares Spike in After Exoneration from California Wildfires: Melanie Kramer
By CCN.com: Over a week ago, PG&E stocks lost most of their value faced with PG&E’s possible $30 billion in liabilities pertaining to wildfires and potential bankruptcy. PG&E’s share price hiked 75% today. PG&E has been cleared of responsibility for the 2017 …
This CryptoKitty-Loving Ethereum User Has Made Almost 50% of All Augur Profits: P. H. Madore
By CCN.com: According to a tool created by Ethereum developer Mike McDonald, a single address has garnered almost 50% of the total profits from Augur. Augur is a decentralized predictions marketplace. It was one of the first crypto projects to hold an ICO on …
Why China’s Economic Slowdown Could Trigger a Full-Blown Global Recession: Joseph Young
By CCN.com: According to new figures from the International Monetary Fund (IMF), the European Central Bank (ECB), and the Chinese government, Europe and China are continuing to struggle following a poor year of growth in 2018. ECB President Mario Draghi said …
Bitcoin Price Fights for $3,600 as Crypto Market Remains Sluggish: P. H. Madore
By CCN.com: It was another relatively boring trading day in the cryptosphere, at least as far as the major coins go. Way down the list we saw some serious activity in Monero, Dash, Aelf, and something called Holo. As far as Bitcoin and the top 5 coins go, pri…
10 Reasons Bitcoin Won’t Ever ‘Go to Zero’ as Davos Bears Claim: Wes Messamore
By CCN.com: “I do believe it will go to zero. I think it’s a great technology but I don’t believe it’s a currency. It’s not based on anything,” said Jeff Schumacher, founder of BCG Digital Ventures, of the Bitcoin price during a CNBC-hosted panel in Davos, Sw…
Facebook Has 1 Billion Fake Accounts, Mark Zuckerberg ‘Greatest Con Man in History’: Researcher: Samantha Chang
By CCN.com: Facebook is lying when it claims it has more than 2 billion monthly users around the world. That’s what tech entrepreneur Aaron Greenspan ― a former Harvard classmate of Facebook CEO Mark Zuckerberg ― alleges in a bombshell report. “Facebook has b…
Why This Crypto Trader Believes the Bitcoin Price Will Rally in May: Joseph Young
By CCN.com: In the last 24 hours, seemingly unaffected by the withdrawal of the Chicago Board Options Exchange (CBOE) and VanEck Bitcoin exchange-traded fund (ETF), the Bitcoin price has remained stable at $3,500. Based on the relatively strong performance of…
Shock Claim: Ripple (XRP) Market Cap Massively Lower Than Advertised: Josiah Wilmoth
By CCN.com: It turns out that ripple (XRP) might not be the second-largest cryptocurrency after all. Researchers Claim Ripple’s Market Cap is Just $6.9 Billion That’s the bold thesis of a new report from crypto research firm Messari, which alleges that ripple…
$41 Billion Flash Crash Leaves Singapore’s Stock Market Stunned: What Happened?: David Hundeyin
By CCN.com: Jardine Matheson shares listed on the Singapore Exchange (SGX) took a sudden 83 percent dive worth $41 billion on Thursday morning before making an equally quick recovery. The stunning movement, which took place in a matter of minutes, sparked a t…
Dark Web Hacker Proves Leak of Customer Data From World’s Leading Cryptocurrency Exchanges: Francisco Memoria
By CCN.com: The hacker going by “ExploitDOT” has recently confirmed he/she was selling know-your-customer (KYC) data from world leading cryptocurrency exchanges on the dark web, in an attempt to clear his name from cryptocurrency news outlets claiming the ad …
The Faireum Blockchain: A New Way to Invest, Play and Everything in Between: 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…
Empire State of Mind: Robinhood Wins New York’s Coveted BitLicense, Will Now Serve Crypto Traders: P. H. Madore
By CCN.com: Today, Robinhood and LibertyX gained approval to work in virtual currencies in New York. Robinhood is a stock trading app that recently created some controversy when they released interest-bearing bank accounts that are not protected by the Securi…
Here’s What Morgan Stanley CEO James Gorman Says is the ‘Obvious Solution’ to the US Government Shutdown: Mark Emem
By CCN.com: Morgan Stanley CEO James Gorman has expressed fears that the partial U.S. government shutdown could hurt the economy greatly if it drags on. Gorman was speaking in Davos, Switzerland at the World Economic Forum as the shutdown enters its 34th day.…
Joe Rogan: ‘Bitcoin Will Become Like Dollar Bills’: P. H. Madore
By CCN.com: In the most recent episode (#1230) of the Joe Rogan Experience, Joe Rogan and Killer Mike of Run the Jewels begin to talk about economics about an hour in. Killer Mike starts an aside that leads to Bitcoin by saying, “We end poverty, we fix crime.…
Exclusive: Bermuda to Announce Launch of a Crypto-Friendly Bank Next Week: Gerald Fenech
By CCN.com: It looks like the skies will be much clearer for the crypto and blockchain community in Bermuda soon. A bank that will accept blockchain and crypto companies appears to be just around the horizon. Bermuda Premier David Burt made the announcement d…
China First, EU Next? Donald Trump Faces New Major Trade War as Europe Threatens $23 Billion in Tariffs: David Hundeyin
By CCN.com: Following a threat by U.S. President Donald Trump to slam taxes on cars and auto spares imported from the 28-member European Union, the EU has threatened a 23 billion dollar tariff spike on the United States. Speaking in Brussels to the European P…
Breaking: No Trade Deal Anytime Soon! Wilbur Ross Throws Cold Water on U.S.-China Negotiations: Sam Bourgi
U.S. Commerce Secretary Wilbur Ross quelled expectations of an imminent free-trade agreement with China on Thursday after he said Washington and Beijing remain “miles and miles” apart on a new deal. No Deal Yet In an interview with CNBC’s Squawk Box, Ross ind…
Dow Creeps Higher, Bitcoin Price Avoids ETF-Fueled Collapse: Josiah Wilmoth
By CCN.com: Neither the Dow Jones nor the bitcoin price looks poised to make a bold movement on Thursday, as both the traditional financial and cryptocurrency markets eye cautious entries into the US trading session. Dow Inches up as US Stock Market Traders R…
Apple Lays Off 200 ‘Project Titan’ Employees – Is the Tech Giant Giving Up on the Autonomous ‘Apple Car’?: Mark Emem
From CCN: Apple’s self-driving car initiative, Project Titan, has laid off more than 200 employees this week, CNBC reports. The business news channel also reported that some Apple employees will be moved from the driverless car initiative to other departments…
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