‘Hard Core Fund’ Collects 50 BTC to Support Bitcoin Developers

According to venture capitalist Dovey Wan of Primitive Ventures, finding sustainable funding for bitcoin developers is the biggest challenge facing the ecosystem in 2019. To bridge that gap, she’s helped gather 50 BTC — an amount worth just north of $450,000 at press time prices — that are now up for grabs. Wan partnered with […]

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Litecoin Price Gains Despite Facebook’s Libra Stealing Altcoins’ Thunder

Published: 19/06/2019 07:37 EST. Journalist: By CCN Markets: Litecoin (LTC) entered a positive territory on Wednesday while other top cryptocurrencies trended flat as investors became cautious following the introduction of the Facebook token, Libra. The LTC-to-dollar exchange rate established an intraday high of $139.66, up more than 3 percent since the Asian session open. The […]

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Binance to Launch Bitcoin-Pegged Token on Its Own Blockchain

Binance will issue a number of tokens pegged to leading cryptocurrencies on Binance Chain to boost the number of trading options on its platform. The tokens are also likely to be extended to Binance DEX, the firm’s recently launched decentralized exchange, as they create the potential to in effect move cryptos from different blockchains onto its […]

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US Regulator Fines and Suspends Former Banker for Mining Bitcoin

By CCN Markets: A former investment banker has been slapped with a fine and a suspension by self-regulatory body Financial Industry Regulatory Authority (FINRA) for mining Bitcoin. According to the regulator, Kyung Soo Kim pursued outside business activity in December 2017 without giving his former employer a written notice. Kim is an ex-employee of Bank […]

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Red Robin Investor Eyes Beyond Meat’s Gains, Seeks Burger Joint Buyout

By CCN Markets: For all the hype over Beyond Meat’s IPO and insane rising stock price, Red Robin, a good old-fashioned burger chain, soared roughly 30% on Thursday. One of its institutional investors would like to see the company sell itself. Buyout Offer Red Robin Gourmet Burgers received a letter from Vintage Capital demanding that […]

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Jack Dorsey Hints at How Square Crypto May Support Bitcoin’s Code

After revealing that his payments firm Square is building a small team to help with bitcoin and cryptocurrency development back in March, CEO Jack Dorsey has revealed more details about the project – even though it’s still early days. In an interview with The Next Web, Dorsey, who is also CEO of Twitter, confirmed that […]

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A Protocol for Issuing Tokens Launches on Bitcoin’s Lightning Network

Many bitcoiners thought it would be a cold day in hell when BHB Network co-founder Giacomo Zucco admitted that all tokens aren’t inherently scams. But, as it turns out, all he needed were the right partners. What started as a client’s request for a more secure alternative to ethereum’s ERC-20 tokens will soon emerge as […]

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Facebook Recruits Bank Lobbyist for Regulatory Assist with Crypto GlobalCoin

By CCN Markets: Facebook has just hired a senior UK bank lobbyist ahead of GlobalCoin launch to help the company cope with European regulations. According to the Financial Times, Facebook will employ Standard Chartered European Head of Corporate and Public Affairs Ed Bowles from September as its London-based director of public policy. Bowles leaves Standard […]

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Lamb to Slaughter? Visa Follows Zuck into Facebook’s Centralized Crypto

By CCN Markets: Facebook has managed to lure some big names to support its cryptocurrency endeavor. According to a report in the Wall Street Journal, payment giants Visa and Mastercard in addition to PayPal and Uber have all jumped onto Mark Zuckerberg’s crypto bandwagon. They are each going to pour $10 million into the project […]

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Portuguese Football Club SL Benfica Accepts Crypto Payments in Partnership with UTRUST

In a watershed moment for cryptocurrency adoption, Portuguese football champions S.L Benfica have become the very first major European football club to accept cryptocurrency as a means to purchase game tickets and merchandise, in partnership with crypto-payment solution UTRUST. Cryptocurrency and football enthusiasts alike can visit the S.L Benfica store to pick up their merchandise […]

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Bakkt Announces Bitcoin Futures Launch Date in July

As Bitcoin (BTC) holds resistance above $8,100 USD, more positive news has arrived to help its case. Intercontinental Exchange’s (ICE) cryptocurrency platform, Bakkt, is to begin testing its first product: physically-delivered Bitcoin futures. The date for launch is just over one month from now, July 22nd. Bakkt Announces First Project Launch In a blog posted earlier […]

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Ethereum (ETH) Soars 8%, Outperforms the Broader Crypto Market

Ethereum (ETH) and the crypto market have today seen a sudden surge in buying pressure, allowing them to continue with the upward momentum that has been exhibited in the last few months. Analysts believe that Ethereum will continue with the upward trend in the near term and could outperform Bitcoin in the long term because […]

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Marketing Chief Amanda Gutterman Is Latest Exec to Leave ConsenSys

Another top executive is leaving ConsenSys. Chief marketing officer Amanda Gutterman is the latest to depart the ethereum venture studio, according to two sources familiar with the matter. She becomes the third executive departure in recent months, with Andrew Keys announcing his new project on June 6 and former ConsenSys Ventures head Kavita Gupta stepping […]

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Dow Won’t Crash Because Trump Won’t Let It Happen: J.P. Morgan

By CCN Markets: The Dow Jones chalked up back-to-back losses this week, but don’t fear an all-out crash. Trump won’t let it happen, says JP Morgan’s top analyst. As trade war fears persist, Marko Kolanovic said Trump would sooner sign a trade deal with China than let the US economy fall into recession on his […]

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