Author Archives: David

U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam

Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32.5 million) from the exchange in February. The company claimed “it fell victim” to an elaborate scam orchestrated in collusion with three of its clients.  Also read: Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement Exchange Enters Into Voluntary Administration The administration means that investors cannot deposit or withdraw funds until further notice. It’s not clear how much worth of bitcoin the exchange was holding […]

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Thomas Lee Remains Bullish Despite Bitcoin Price Sinking to New Lows

Thomas Lee, head of research at Fundstrat Global Advisors, still believes in Bitcoin’s strong upside potential, even though the price of the flagship cryptocurrency continues to plummet, reaching new yearly low on Friday, December 14. Earlier this year, Thomas Lee predicted a rally to $25,000 by the end of December; however, things are not going […] Powered by WPeMatico

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Bitcoin Cash Tanks 13 Percent as Major Cryptocurrencies All Fall Hard

The cryptocurrency bear market continues in earnest as Bitcoin Cash investors in particular see holdings evaporate. Friday, Dec. 14 — Bitcoin Cash (BCH) led fresh losses across cryptocurrency markets as investors in the top twenty assets by market cap shouldered new lows. Market visualization from Coin360 Data from Cointelegraph’s own price index, Coin360 and Coinmarketcap painted a gloomy picture at press time Friday, with Bitcoin (BTC) dropping about 3.5 percent in 24 hours. Having staved off a move below last week’s current “bottom” around $3220, BTC/USD has […]

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Stablecoin Project of Basis Confirms that it Is Shutting Down Due to Regulatory Hurdles

Just yesterday, the crypto and investor communities woke up to news that the highly anticipated stablecoin project of Basis was ceasing operations and returning a majority of its funds to investors. Backed by Bain Capital Ventures, GV, Andreessen Horowitz, Lightspeed Ventures, Stanley Druckenmiller, Polychain Capital and more, Basis was meant to utilize its one of a kind algorithm to bring a new era of stablecoins in the crypto and investing ecosystem. However, the complexities of the coin’s algorithm was its Achilles heel in that it had 3 digital assets […]

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Markets Update: Bears Continue to Drag Cryptocurrency Prices Down

Digital asset prices have been dipping in value again after a few days of price consolidation. At the moment, the entire cryptocurrency economy is awfully close to dropping under the psychological $100 billion market valuation. Furthermore, since our last markets update cryptocurrency global trade volumes are weaker than usual, with only $11.5 billion worth of assets traded over the last 24 hours. Also read: Password Manager App Dashlane Mocks Cryptocurrency Owners More Price Dips and Lower Trade Volumes Crypto-market prices are sliding again as the top 10 digital […]

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Samourai Bitcoin Wallet: Fulfiling Bitcoin’s Privacy Promise

Bitcoin is not anonymous to use and this no more news. But many of us were disappointed when we initially found this out. Since then, I have tried many ways to be anonymous while using Bitcoin. Some of these ways are listed here: 6 Ways To Guarantee Anonymity When Making Bitcoin Transactions. But these ways are cumbersome and require some groundwork to be done before using Bitcoin. Which led me to research on anonymous Bitcoin wallets at the beginning of my Bitcoin journey but no such thing […]

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How to Complete a Trade on Bisq

Bisq is an open-source, peer-to-peer application that allows you to buy and sell cryptocurrencies in exchange for national currencies. No registration required. Bisq does not require identity verification, it is decentralized, non custodial, privat, open source and very easy to use! Check it out at https://bisq.network Donate Bitcoin to Max: 3DqEnU6dW6bZesrVdThrrQjQKgN7dpY5vv https://tallyco.in/HillebrandMax Support the Show: https://www.patreon.com/wcn Read Rothbard, Use Bitcoin Show with Max Hillebrand: https://www.youtube.com/playlist?list… Open Source Everything, with Max Hillebrand: https://www.youtube.com/playlist?list… Listen to WCN Audio Podcasts: https://itunes.apple.com/us/podcast/w… Check out the brand new http://WorldCryptoNetwork.com/ Find out more […]

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These Two Analogies Will Help You Explain Bitcoin to Anyone

Explaining Bitcoin to someone who knows nothing about Bitcoin isn’t easy. In fact it’s fiendishly tricky. Describing concepts such as blockchain, decentralized networks, and permissionless ledgers to beginners is as tough as describing the color orange to a blind person or the taste of an orange to someone who’s never peeled one. Two new Bitcoin analogies surfaced this week, however, that should make that task easier. Also read: Password Manager App Dashlane Mocks Cryptocurrency Owners How to Explain Bitcoin to Anyone Complete the following sentence: “Bitcoin is like […]

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Germany’s 2nd Largest Stock Exchange to Launch a Crypto Exchange by Q2 2019

Germany’s Boerse Stuttgart Group, in collaboration with solarisBank, is developing the system for a crypto trading platform that is set to launch in the first half of 2019. According to the announcement by Boerse Stuttgurt Group, solarisBank will provide the exchange with the necessary banking services. Alexander Höptner, CEO of Boerse Stuttgart GmbH, had this to say about the new venture. With its combination of technology and banking expertise, solarisBank is a great partner for us to offer central services along the value chain for digital assets. […]

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Altcoin Daily Preview: Stellar Lumens—IBM Partnership Indispensable as IOTA Reveal Alpha and Omega, Path to Decentralization

Latest Stellar Lumens News Thing is, if implemented properly, Blockchain will disrupt businesses, governance systems and even value exchanges. Aside from supply chain management, blockchain is definitely shaping for the banking industry. It’s because of this that Stellar and Ripple—two firms are merging the possibilities of blockchain based solutions in existing financial architecture with the aim of providing financial services for everyone, everywhere–are hailed as the future of finance and banking. Read: XRP Architect, Ripple’s Schwartz Harrowed Over Crypto Adoption While Ripple is better capitalized, Stellar is […]

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