Author: Urban
Page: 38
Former Indian Politician Arrested in $1.3 Million Bitcoin Extortion Case
Former BJP MLA Nalin Kotadiya has been arrested for an alleged involvement with the kidnapping syndicate of Shailesh Bhatt. The Accusation Kotadiya, who was fingered as an accomplice during the interrogation of Kirit Paladiya in May this year had evaded arrest until Sunday, September 09. His arrest by the Ahmedabad Crime Branch police from Maharashtra’s Dhuliya was […]
Bitcoin Price Stable at $6,300 But Crypto Market en Route to 2018 Low
On September 10, Bitcoin experienced an unforeseen spike in its price, rising from $6,190 to $6,450. Yet, the rest of the market has struggled to recover, demonstrating slow movements. On August 15, the cryptocurrency market reached its lowest point in the year at $191 billion. Over the past 24 hours, the valuation of the market […]
SEC Hires, Exchange Rumors, and Bitcoin Price Woes: This Week in Crypto
Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, YouTube or wherever you get your podcasts. Price Watch: Bitcoin is down 11% this week – The priced surged to $7,200 early on Sunday and increased to $7,300, then $7,400, even as other cryptocurrencies […]
Weak User Counts Signal ‘Panic Sell’ For Most Cryptocurrency Tokens: Researcher
Last week, cryptocurrency researcher Kevin Rooke questioned the ability of Ethereum and EOS to support decentralized applications (dApps), given the dearth of users on those blockchains. Now he’s wondering if most cryptocurrencies are getting enough use. He recently observed in a tweetthat only 27 cyrptocurrency tokens had 400 or more active users in a 24-hour period, commenting, “You’d […]
WNBA Players Association Inks Deal With Sports Streaming ICO
Following a landmark deal with the NFL announced in August, live streaming platform SportsCastr has announced a parnership with the Women’s National Basketball Players Association (WNBPA) to power live, interactive video content for fans. WNBA Players Association Inks Deal with ICO Through a partnership with REP Worldwide, the WNBPA’s group licensing and player-marketing representation agency, SportsCastr will […]
A Billion People Will Be Using Cryptocurrency in 5 Years: Brian Armstrong
The world of money is revolutionizing in front of our eyes. Cryptocurrency is creating new paradigms for alternative payment systems and decentralized banking. There is no doubt that the user adoption of various cryptocurrencies is rapidly increasing. The cryptocurrency industry has become more fluid as the borders between it and mainstream finance continue to blur. […]
Former PayPal COO Joins Security Token Startup 0x in Advisory Capacity
Former Paypal COO David Sacks has joined 0x, an open protocol used for token trading in an advisory role, according to Fortune. Sacks, who is the co-founder of Harbor and a partner at Craft Ventures — a compliance service for token sales — shared the news via a tweet. The move is expected to create an industry […]
Crypto Exchange Giant Binance Outlines Plans to Expand in Africa
Binance Labs Director Benjamin Rameau has stated that Africa is front and center of the company’s expansion strategy as it bets on a vision of the 21st century driven by the world’s youngest population gaining increased access to technology and opportunities. In June, CCN reported that Binance began actualizing its African expansion strategy when it opened Uganda’s […]
Uzbekistan Opens Door to Cryptocurrency Exchanges, Offers Tax Benefits
In efforts to boost its market-based economy, the government of Uzbekistan has decided to take initiatives favorable to the growing cryptocurrency industry. Uzbekistan Goes Fishing for Bitcoin Exchanges The former Soviet nation confirmed that it is legalizing cryptocurrency exchanges and will allow blockchain companies to set up their offices in the state. The legalization came […]
Australian Startup to Enable Users Invest in Crypto with Spare Change
An Australian fintech startup based in Perth is giving users the opportunity to invest in crypto without going out of their way, using spare change from their electronic transactions to carry out micro-investments in crypto portfolios. Through its app, Bamboo says that it will improve access to investment opportunities and enhance user understanding of the new technologies […]
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