Cryptocurrency Highlights, News, Use Cases And Other Reckonings : #149 (2018-11-29)

in #blockchain6 years ago

Goldman Sachs Still Can’t Hold Crypto on Behalf of Clients Despite Growing Demand: Joseph Young


Nearly three months have passed since Goldman Sachs, a $73 billion investment bank based in the US, said that it is not ready to facilitate the delivery of “physical Bitcoin” to its clients. The banking giant is still not able to hold cryptocurrencies on beha…

Crypto Firm Galaxy Digital is Losing an Average of $15 Million every Month: David Hundeyin


Galaxy Digital Holdings LP, the cryptocurrency merchant bank founded by prominent crypto investor Mike Novogratz, announced losses totaling $41 million for Q3 2018, bringing the total losses for the year so far to $136 million. Bloomberg reports that the Q3 l…

Bitcoin Price Surges 15% in Rebound Action — Has It Bottomed Already?: Yashu Gola


The bitcoin price on Wednesday saw the arrival of bulls as it surged 15 percent in an impressive rebound action. The BTC/USD index opened at 3776-fiat while continuing the upside action of the previous day. It kept forming higher highs, eventually setting its…

Norway: Tax on Crypto Mining Scares Away $11.7 Million Foreign Investment: Yashu Gola


NTC Services AS revealed that a foreign investor had stopped an $11.70 million investment into a crypto mining facility which was going to be built in Norway’s Tydal municipality. The data center consultancy told E24 that the investor went cold feet after hea…

ICO Market is Dead: Crypto Investor Barry Silbert: Samantha Chang


The ICO market is dead, but that won’t hamper the inevitable growth of the cryptocurrency market, says Barry Silbert, the founder of crypto investment fund Digital Currency Group. Silbert said the frenzy for initial coin offerings in 2017 fueled the meteoric …

2018 Bytom Global DevCon was Successfully Held, the US Team Won the First Prize of 200,000 BTM: Press Release


This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…

Ardor Lightweight Contracts: Since Existing Smart Contracts Are Not so Smart: Sponsored


This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. One thing has held true for more than five years – while the market goes up and down a…

‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $12 Billion in Value: David Hundeyin


Storebrand, a leading Norwegian financial services group worth more than $81 billion shed 14 percent of its share value on Wednesday morning after falling victim to a phenomenon known as a “fat-finger” error. The term refers to an erroneous keyboard or mouse …

Judge Slaps Down SEC Attempt to Label ICO Token as Security: P. H. Madore


US District Judge Gonzalo Curiel of the Southern District of California declared yesterday that the Blockvest ICO is, in essence, not a security — or at the very least that the Securities and Exchange Commission (SEC) had failed to demonstrate that met the ch…

Hollywood Blockbuster Wreck-it-Ralph 2 Features Crypto Cameo: David Hundeyin


The relentless incursion of cryptocurrency into popular culture has recorded another first with the SAFE Network being featured in the newly-released animation movie ‘Wreck-it-Ralph 2 – Ralph Breaks The Internet’. First pointed out by posters on internet foru…

Mobile Forum Giant Tapatalk Will Reward its 300 Million Users with Kin Cryptocurrency: Josiah Wilmoth


Tapatalk, the mobile forum application with an aggregate registered user base of 300 million, has struck a deal with the Kin Foundation to reward its users with cryptocurrency for posting quality content on the platform. Announced on Wednesday, the partnershi…

Crushing it: Stellar, Litecoin, Monero, & Zcash Post Major Gains as Crypto Market Rallies: P. H. Madore


A few of the top 15 cryptocurrencies saw notable increases over the past twenty-four hours. Stellar saw a gain of 15% against the US dollar, with 22% of its volume being against USD or USD-pegged cryptocurrencies themselves – meaning these gains are realistic…

Even with the Market Crash, Crypto Holders Are Still Giving: Christina Comben


There hasn’t been much good news lately with prices on a downward spiral. Even with an overnight surge, no one knows for sure if crypto has hit rock bottom yet. So it may come as a surprise that even when crypto HODLers are bleeding wealth, they’re still in a…

U.S. FDA Eyes Blockchain to Enhance Food Safety in the Wake of E. coli Outbreak: Mark Emem


Following an outbreak of E. coli in the United States that was linked to romaine lettuce, the Food and Drug Administration (FDA) is considering better track-and-trace methods and this includes the use of blockchain technology. Speaking to business news channe…

Is Dogecoin Making A Comeback?: P. H. Madore


In every market slaughter, there are some winners. Those with sell orders over 50 satoshi on Dogecoin may have noticed their sales went through recently. Demand for Dogecoin has seemingly picked up whilst the rest of the market was on a sell frenzy. The Dogec…

Bitcoin Surges 8% Overnight in Corrective Rally, Potential Full Reversal?: Joseph Young


The price of Bitcoin (BTC) has increased by more than eight percent in the past 24 hours, as the dominant cryptocurrency recovered to $4,000. On fiat-to-crypto exchanges like Coinbase and Bitstamp, Bitcoin is yet to surpass $4,000 mark but on crypto-to-crypto…

Huobi Launches Multi-Stablecoin HUSD: P. H. Madore


For some, perhaps the only thing better than a stablecoin is a universal stablecoin – one that’s usable wherever stablecoins are accepted. That’s what Huobi has launched in its new HUSD token, which supports four major stablecoins: Gemini Dollar, Paxos Standa…

Gatecoin Partners with Coinfirm for Cryptocurrency AML and Joins the AMLT Network: Press Release


This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…

Renowned Israeli Crypto Entrepreneur Moshe Hogeg Accused of Misusing ICO Funds: Mark Emem


One of Israel’s leading entrepreneurs in the cryptocurrency field, Moshe Hogeg, is facing accusations of embezzling funds raised from two Initial Coin Offerings consequently rendering the company for which the funds were raised for insolvent. As a result, 17 …

Next-Gen Crypto Platform Dexage to Redefine Crypto Exchanges with Exclusive Decentralized Infrastructure: Press Release


This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…