The NSA Has Been Tracking Bitcoin Users, Snowden Papers Reveals

The NSA Has Been Tracking Bitcoin Users, Snowden Papers RevealsNot to be mistaken for another Jason Bourne thriller, the Edward Snowden papers show a US government/bitcoin connection. The Intercept is reporting classified documents leaked by Snowden prove that the US National Security Agency (NSA) in fact was keeping tabs on bitcoin users globally, as evidenced by

Analyst Predicts Bitcoin Price Drop to $2,800 This Year

Analyst Predicts Bitcoin Price Drop to $2,800 This YearBitcoin’s pending “death cross” has left investors worried and confused. According to a graph posted by Bloomberg, the 50-day moving average is getting close to the 200-day moving average. If it touches the latter, or worse, goes below it, bitcoin will suffer a great loss. Considering these

Brazilian Prison System Officials Caught in $22.4 Million Bitcoin Fraud

Brazilian Prison System Officials Caught in $22.4 Million Bitcoin FraudAccording to Brazilian news outlet Agência Brasil, authorities in Rio de Janeiro recently uncovered a money laundering scheme in which state officials misstate the budget spent on food for state-run prisons. Bitcoin was reportedly used to exchange some of the scheme’s proceeds, which totaled roughly $22.4

China’s State Media & Largest Newspaper Lauds Blockchain Technology

China’s State Media & Largest Newspaper Lauds Blockchain Technology The post China’s State Media & Largest Newspaper Lauds Blockchain Technology appeared first on CCN China’s state media today praised blockchain technology and the potential benefits it may bring to society. The People’s Daily – China’s largest newspaper and official outlet of the Communist party today

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),

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

North Korea’s Emerging Criminal Cyberthreat

North Korea’s Emerging Criminal CyberthreatNorth Korea’s cyber army is closely controlled by the ruling regime – a key difference from other countries’ cyberattack and espionage groups.

Intenet Archive Sees Big Donations from Vitalik Buterin and the Pineapple Fund

The post Intenet Archive Sees Big Donations from Vitalik Buterin and the Pineapple Fund appeared first on CCN Vitalik Buterin last week donated 100 Ethereum to a digital media charity. At current prices this equates to $93,469, however, the charity will receive $186,938 as The Pineapple Fund is matching all donations up to one million dollars. The recipient of

Kraken Chief: Cryptocurrency Investors Need to ‘Look Out for Themselves’

The post Kraken Chief: Cryptocurrency Investors Need to ‘Look Out for Themselves’ appeared first on CCN Jesse Powell, co-founder and chief executive of San Francisco-based cryptocurrency exchange Kraken, has some words of wisdom for investors. While securities regulators are looking for ways to protect investors from any fraudulent activity that might arise in unscrupulous ICOs,