$950 Million Stolen from ‘Immature’ Cryptocurrency Exchanges & Wallets in 2018: Analytics Firm CEO: Christina Comben
$1.7 billion was stolen from cryptocurrency exchanges, custodial services, and in ICO exit scams in 2018. That’s a dramatic rise from the year before, despite the shrinking market. And according to the Q4 CipherTrace Cryptocurrency Anti-Money Laundering Repor…
Temporary Bounce? Trump Gloats Over Buzzfeed and HuffPo Layoffs as Storm Clouds Gather Over Presidency: David Hundeyin
US president Donald Trump has gleefully weighed in on the news of mass layoffs at Buzzfeed and the Huffington Post in typically abrasive fashion on his Twitter account. According to Trump, who is facing an unprecedented challenge to his presidency following t…
BitDeer.com Kicks off Spring Festival Celebrations with a 14,000 Red Envelope Give-Away: 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…
Bitcoin Ransom: Here’s How Much the 9/11 Papers Hacker Group Has Raised so Far: P. H. Madore
Even with the declining price of Bitcoin, the “9/11 papers hacker group” has received a significant sum of the flagship cryptocurrency. At current prices, their address has received more than $42,000. In case you missed it, the hackers claim to have acquired …
Why Apple Needs a Miracle to Save its Flailing Business in Mainland China: Joseph Young
Apple is struggling in China, and many investors expected it. What wasn’t expected is the magnitude of which the technology conglomerate has been unsuccessful in winning over the Chinese market. The decline in iPhone sales in mainland China has also reportedl…
Canaccord Says These 8 Pot Stocks Deserve a Look Thanks to the US Farm Bill: P. H. Madore
Pot stock analysts believe that the CBD industry is about to explode. The reason? The $867 billion Farm Bill, signed into law by US President Donald Trump on December 20, officially excluded all cannabis products with 0.3% or less THC from the Controlled Subs…
Bitcoin Price: Technicals Say ‘Sell!’ Despite Wider Crypto Market Recovery: P. H. Madore
The cryptocurrency market experienced a minor-to-moderate recovery on Wednesday, but that doesn’t mean the mood has turned bullish. The Bitcoin price’s technical factors still favor selling, even as the asset pushes back toward $3,500. In the altcoin markets,…
Dow Stomps to 435 Point Gain, Here’s What Drove Wednesday’s Monster Rally: Wes Messamore
The Dow Jones Industrial average barreled above 25,000 for the first time in two months Wednesday, posting a 435 point gain in a massive one day rally, and charting a market breakout attempt against major resistance. Dow Barrels Past 25,000 The rally follows …
TD Ameritrade: Discount Bitcoin Has Piqued Investor Interest in Crypto Futures: P. H. Madore
In a late December video that was just posted on YouTube this week, TD Ameritrade Manager of Trading Strategy Shawn Cruz told Nasdaq TradeTalks that TDA clients had regained interest in Bitcoin following its dive below $4,000. TD Ameritrade Says Clients are G…
Will Fidelity’s Impending Bitcoin Custody Launch Turn the Crypto Market Bullish?: Yashu Gola
The bitcoin price on Wednesday recovered as much as 2.45 percent after reports indicated that Fidelity would launch its crypto custody service as soon as March. Fidelity Crypto Launch Brings out the Bulls At 18:00 UTC, the bitcoin-US dollar exchange rate (BTC…
Will Apple Put Steve Jobs’ Legacy at Risk if it Tailors Products for the Chinese Market?: Mark Emem
Apple co-founder Steve Jobs cultivated a streamlined strategy that focused on a few products suited for all its markets. The iPhone maker may, however, have to change in order to regain the growth momentum it has lost in China. Currently, analysts and ex-empl…
Fintech Unicorn Stripe Reaps $22 Billion Valuation a Year after Bitcoin Breakup: Josiah Wilmoth
It doesn’t look like digital payments firm Stripe is having any second thoughts about its bitcoin breakup. Tiger Global Invests $100 Million in Stripe A year after sending the flagship cryptocurrency a Dear John letter, the Silicon Valley fintech darling has …
Why a 2nd US Government Shutdown Would be Even More Disastrous Than the Last One: Wes Messamore
Moody’s Investors Service warned Tuesday that the U.S. economy could suffer even worse damage from another government shutdown only three weeks after the record-breaking, month-long shutdown that concluded last week. The partial federal government shutdown th…
Dow Surges 316 Points, Why Apple’s Earnings are Leading the Charge: Sam Bourgi
The U.S. stock market catapulted higher on Wednesday, as investors rallied behind a series of upbeat earnings reports from some of Wall Street’s biggest companies. Flush of Green for Dow Index All of Wall Street’s major indexes reported strong gains on Wednes…
WTF: Is Venezuela Paying Off Russian Debt with 20 Tons of Central Bank Gold Reserves?: Christina Comben
To much of the rest of the world, Venezuela remains a mystery. It’s hard to understand how a country with the largest oil reserves on the planet can’t afford to feed its people. But then, Venezuela also has a government that devalues its national currency by …
Why the R3-SWIFT Partnership is Cranking the Gears of the Ripple (XRP) Rumor Mill: Josiah Wilmoth
SWIFT, the 11,000-member global payments network, has announced a partnership with enterprise blockchain consortium R3, and the news is already being felt in the cryptocurrency market where the rusty gears of the ripple (XRP) rumor mill have begun to turn at …
Uranus Announces to Construct World Largest Developer 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…
How Fidelity’s Bitcoin Custody Launch in Q1 2019 Crucially Shows Institutional Demand Still Exists: Joseph Young
On January 30, Bloomberg reported that Fidelity, the world’s fourth-largest asset manager, is set to launch its Bitcoin custody service by the end of the first quarter of 2019. Three sources who asked to remain anonymous reportedly said that the plans are sti…
What Made Ripple’s XRP Gain 9% Against the US Dollar in Just 3 Hours?: Yashu Gola
Ripple on Wednesday posted 9% gains soon after Swift announced a partnership with R3, a blockchain consortium. At 0800 UTC, the XRP/USD was trading at 0.2934 on Binance. As the market sentiment kicked in, the pair posted three consecutive hourly sessions in g…
Dow Pounds Toward 250 Point Gain, Fidelity Brings out the Bitcoin Bulls: Josiah Wilmoth
Both Dow futures and the bitcoin price are making strides ahead of the US trading session, with bulls in the stock market and nascent cryptocurrency sector finding much to be optimistic about. Dow Pounds to Monster Gain As of 8:31 am ET, Dow Jones Industrial …
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