Urban, Author at 2100 NEWS

Wells Fargo Patent Envisions a Tokenization System for Sensitive Data

July 20, 2018 0 0

The American multinational financial institution has filed a patent to develop a “system and methods to manage a tokenization manifest.” Wells Fargo Hates Cryptocurrencies, Not Its Technology The San Francisco-based bank hasn’t always been kind to cryptocurrencies. If we go a bit further back in time, you may remember Bitfinex suing Wells Fargo for embargoing bank transfers. […]

Bitcoin Price Has Finally Bottomed: Digital Currency Group Founder Barry Silbert

July 20, 2018 0 0

Seven months into a severe cryptocurrency market downturn, the bears have finally run out of steam, leaving the bitcoin price primed for a breakout. That’s according to Barry Silbert, founder of the Digital Currency Group (DCG), perhaps the cryptocurrency industry’s most prolific investment fund. Speaking with CNBC on Tuesday, Silbert said that the recent surge above $7,000 likely indicates that the […]

Bitcoin Mining Giant Bitmain is Tripling its Development Center in Israel

July 19, 2018 0 0

Bitmain, the Chinese bitcoin mining giant valued at $12 billion, is cementing its presence in Israel by planning to triple its employees at its domestic development center. In an aggressive expansion of its research and development center in Ra’anana, a city in western Israel, Bitmain is looking to recruit over 40 employees to add its […]

Bitcoin Volume at $6.4 Billion, Up 2x Since Last Week as Crypto Market Surges

July 19, 2018 0 0

The volume of bitcoin, the most dominant cryptocurrency in the global market, has risen by two-fold in the past week, supporting the recent mini bull rally of the crypto market. Last week, CCN noted that the low volume of bitcoin is a concern for the short-term trend of the market. For instance, on July 9, […]

Football legend Didier Drogba is Now a Cryptocurrency Startup Ambassador

July 19, 2018 0 0

Ivorian footballer Didier Drogba is the latest celebrity to join the long list of athletes who have endorsed cryptocurrencies this year. According to Russian news outlet RT, Drogba is the official ambassador for the cryptocurrency-based social networking platform All.me. Drogba explained that he believed in the project “a lot” and even wore a shirt with All.me’s logo to show […]

Crypto Market Adds $20 Billion in 30 Minutes as Bitcoin Spikes Above $7,400

July 18, 2018 0 0

he bitcoin price has surged 10 percent over the past 30 minutes, subsequent to experiencing a substantial spike in its volume. Within one-hour period, the price of bitcoin, Bitcoin Cash, ether, Ripple, and EOS increased by 6 to 10 percent, as the valuation of the cryptocurrency market surged to $292 billion from $272 billion, by […]

Buy a Whole Bitcoin Before Buying Any Altcoins, Says Litecoin Creator Charlie Lee

July 18, 2018 0 0

It’s common for longtime cryptocurrency investors to advise newcomers to invest heavily in bitcoin and — depending on their proclivity toward “Bitcoin maximalism — ethereum before investing in what many of them not-so-affectionately refer to as s–tcoins. What’s less common, though, is for an altcoin creator himself to give that same advice. Yet that’s exactly […]

Newsflash: Bitcoin Price Goes Vertical Near $7,500, Hits 5-week High

July 18, 2018 0 0

Bitcoin price has skyrocketed on Tuesday’s evening trading session, making upward gains to peak at $7,483. The price of bitcoin, the world’s first and largest cryptocurrency, exploded to its highest trading levels since the first week of June after gaining nearly $700 in less than an hour on Tuesday evening (UTC). After trading around resistance […]

Brazilian Police Bust Gang Who Used Bitcoin to Launder Millions of Dollars

July 17, 2018 0 0

Brazil’s Federal Police has recently arrested 12 individuals connected to a gang that allegedly used bitcoin to launder “millions of dollars” earned smuggling drugs into Europe, Asia, and Africa. According to local news outlet Folha de S.Paulo, the gang was busted in an operation dubbed “Antigoon,” in cooperation with the country’s Department of Federal Revenue. Over […]

Korean Crypto Giant Bithumb Eyes Japan and Thailand for Expansion

July 17, 2018 0 0

South Korean exchange Bithumb has announced that it will open new offices in Japan and Thailand. According to local news outlet ZDNet, Bithumb is awaiting the approval of Japanese Financial Services Agency (FSA) and Thai Securities and Exchange Commission (SEC). Cryptocurrency Regulations in Japan & Thailand Bithumb explained that it chose Thailand because the e-commerce and fin-tech industry is […]