Category Archives: News

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Bitcoin Exchange Coinbase Launches SegWit Compatability

The post Bitcoin Exchange Coinbase Launches SegWit Compatability appeared first on CCN Coinbase have announced that the site will now be implementing SegWit on Bitcoin deposits and withdrawals. The transition is being implemented over the coming week, and should improve transaction speeds and lower fees. SegWit was introduced August of last year through BIP 141 (Bitcoin Improvement Proposal),… Read More »

ECB Member Detained in Anti-Corruption Probe (But Banks Continue to Finger Bitcoin as the Problem)

The post ECB Member Detained in Anti-Corruption Probe (But Banks Continue to Finger Bitcoin as the Problem) appeared first on CCN A member of the European Central Bank’s (ECB) governing board has been detained in an anti-corruption probe. ECB Member Detained in Anti-Corruption Probe Ilmars Rimsevics, who heads the Bank of Latvia, is suspected of demanding… Read More »

The Public Will Decide Cryptocurrencies’ Future: Malaysia’s Central Bank

The post The Public Will Decide Cryptocurrencies’ Future: Malaysia’s Central Bank appeared first on CCN The head of Malaysia’s central bank has firmly stated that the fate of cryptocurrencies in the country depends on the public adopting them, adding it would neither ban nor recognize cryptocurrency. Speaking at the 40th-anniversary dinner of the Harvard Business… Read More »

Gaming Giant Ubisoft is Exploring Blockchain Technology

The post Gaming Giant Ubisoft is Exploring Blockchain Technology appeared first on CCN Ubisoft, a gaming manufacturer, is exploring blockchain technology as it looks beyond gaming for future possibilities, Lidwine Sauer, director of insights and trends for the lab, told IGN ahead of her DICE 2018 speech to explain the company’s strategic innovation lab’s focuses… Read More »

Bitwise Exec Predicts Trillion Dollar Crypto Market Cap this Year

The post Bitwise Exec Predicts Trillion Dollar Crypto Market Cap this Year appeared first on CCN Matt Hougan has made a career shift from ETFs to cryptocurrencies. He jumped from the traditional fund market to a cryptocurrency index-fund manager, a market he described to Bloomberg as a “generationally significant opportunity with interesting challenges.” He joins… Read More »

Venezuela Announces New ‘Petro Gold’ Cryptocurrency, One Day After Launching the Petro

The post Venezuela Announces New ‘Petro Gold’ Cryptocurrency, One Day After Launching the Petro appeared first on CCN Venezuelan leader Nicolás Maduro has recently announced that within one week, the county is going to launch a new cryptocurrency, the Petro Gold. The cryptocurrency, according to local news source Telesur, will be backed by precious metals.… Read More »

Japanese Crypto Exchange Accidentally Gives Bitcoins Away for Free

The post Japanese Crypto Exchange Accidentally Gives Bitcoins Away for Free appeared first on CCN Bitcoin skeptics such as JPMorgan CEO Jamie Dimon have often claimed that Bitcoin is “worth nothing.” For approximately 18 minutes at one cryptocurrency exchange in Japan, these skeptics were right. On Tuesday, Zaif — a cryptocurrency exchange operated by Osaka-based… Read More »

‘Very Hard to Regulate Cryptocurrency,’ Says US Lawmaker

The post ‘Very Hard to Regulate Cryptocurrency,’ Says US Lawmaker appeared first on CCN US lawmakers may be eager to regulate cryptocurrency, but they’re quickly finding that it’s easier said than done. In an interview with Fox Business, House Representative David Schweikert (R-AZ) said that regulators must focus their efforts on application-level oversight of the… Read More »

Bitcoin Exchange Bitfinex Opens ING Account After Losing Wells Fargo

The post Bitcoin Exchange Bitfinex Opens ING Account After Losing Wells Fargo appeared first on CCN Bitfinex, a large cryptocurrency exchange which has been under the U.S. Commodity Futures Trading Commission (CFTC) scrutiny, has opened an ING account after having lost its Wells Fargo relationship last year, according to Bloomberg News. ING spokesperson Harold Reusken… Read More »

Lithuania’s Central Bank Investigates 100 Million Euro Bankera ICO

The post Lithuania’s Central Bank Investigates 100 Million Euro Bankera ICO appeared first on CCN Lithuania’s central bank has launched an investigation into a domestic initial coin offering (ICO), which it says has violated the country’s securities laws. According to a statement dated Feb. 15, the Lietuvos Bankas has opened a probe into blockchain financial… Read More »