Tag Archives: Cryptocurrency News

Brooklyn Nets point guard Spencer Dinwiddie just announced his plans to tokenize his latest NBA contract to broaden his investment options now. | Credit: Wendell Cruz-USA TODAY Sports Brooklyn Nets point guard Spencer Dinwiddie is playing a different kind of game. Last year, in a story about his love for bitcoin, Dinwiddie told Bleacher Report, “I got a lot of...

Bitcoin remains the most trusted cryptocurrency on the dark web, new research finds. | Image: Shutterstock Armor has published its second annual report analyzing the activities of anonymous free markets operating on the dark web. The report was compiled by Armor’s Threat Resistance Unit (TRU), which trawled 12 English and Russian language darknet markets between...

Leading fin-tech entrepreneur thinks China's state-backed cryptocurrency could spearhead global adoption of the yuan as a reserve asset. | Image: Shutterstock Circle CEO Jeremy Allaire believes that China's developing "cryptocurrency" could propel the yuan to worldwide renown as a global reserve currency. Jeremy Allaire on the potential of China's nascent CBDC. |...

The Libra Association behind Facebook's cryptocurrency is confident in 2020 launch. | Source: Shutterstock Bertrand Perez, the general director of the Libra Association, has expressed confidence that Facebook’s stablecoin will launch during 2020. Speaking to French publication Les Echos, Perez indicated that while the Libra Association is expecting talks with...

The Trump administration sanctioned North Korea's Lazarus Group, which raked in $571 million from Bitcoin thefts. | Source: Shutterstock North Korea’s notorious state-sponsored hacker team Lazarus Group - the one responsible for stealing more than $500 million from Bitcoin exchanges around the world - has finally been sanctioned by the Trump administration. This is...

Faced with crippling economic sanctions, Cubans are adopting cryptocurrencies in greater numbers. | Image: AP Photo/Ismael Francisco Ordinary Cubans are increasingly embracing cryptocurrency as a means to circumvent economic sanctions. Jason Sanchez, a 35-year-old Havan-local, recently told Reuters that he uses cryptocurrencies to purchase hardware for his cellphone...

Australia's financial watchdog has keeping ahead of the pack with crypto regulations. | Source: Shutterstock The Australian Securities and Investments Commission (ASIC), the country’s financial regulator and watchdog, is gearing up for the rapid growth of crypto-asset markets. Speaking to CCN, an ASIC spokesperson indicated that the regulator has identified...

Many traders have turned bearish on Ethereum way too soon, according to a leading technical strategist. | Source: Shutterstock Ethereum (ETH/USD) has gone through a corrective period over the last two months. Since posting a 2019 high of $363.30 on June 26th, the cryptocurrency lost more than 50% of its value. The sentiment has become so bearish that some traders...

Cryptocurrency exchange Binance set to launch U.S. operations imminently. | Source: REUTERS / Darrin Zammit Lupi Binance.US has announced that it will begin processing account registration applications and accepting cryptocurrency deposits from Sep. 18 at 8 am EDT. After users have signed up and selected their desired tier of verification, they will be able to deposit bitcoin (BTC), ethereum, (ETH), ripple (XRP), bitcoin cash (BCH), litecoin (LTC), and tether (USDT) to their wallets. The...

Another day, another case of extortion involving bitcoin. | Source: Shutterstock The website of a Florida-based car parts dealer is currently out of service after a hacker hijacked the domain name and shuttered its hosting provider’s account to ransom it for Bitcoin. Per legal documents and a ransom note that was produced in court where the victim obtained a temporary order preventing the domain name from being transferred from its current host, the domain name of XPort Auto Parts Inc,...