Day: April 18, 2019

Bitcoin’s Most-Hated Regulatory Regime Could Be Bakkt’s Last Hope

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: Intercontinental Exchange’s high-profile Bitcoin project, Bakkt, has faced severe pushback from the CFTC due to a fundamental concern about how its cryptocurrency assets will be stored. In response,…

PayPal Aims to Prevent Crypto Ransomware Attacks With New Patent

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Digital payments giant PayPal has won a cybersecurity patent to protect users from crypto ransomware, according to a document from the United States Patent and Trademark Office (USPTO) published on April 16. The system described in the patent, entitled “Techniques for ransomware detection and mitigation,” intends to improve the detection of ransomware and prevent it from locking up users’ access to their files. PayPal’s patent describes ransomware as a malware that may encrypt original data and delete the non-encrypted original version, with the malicious party usually demanding users to pay…

US SEC and FINRA to Discuss Digital Assets at Joint Broker-Dealer Meeting in June

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Two United States regulators, namely the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), will discuss cryptocurrency at a broker-dealer meeting on June 27. The SEC announced the opening of registration for the event on April 16 on its website. Per the announcement, the 2019 National Compliance Outreach Program for Broker-Dealers will be sponsored by the SEC’s Office of Compliance Inspections and Examinations, the SEC’s Division of Trading and Markets and the FINRA. The event will take place at the Federal Reserve Bank of Chicago and…

Speak Out: Unmasking the True Creator of Bitcoin

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Within the past week, a few crypto exchanges — including Kraken and Binance — have delisted bitcoin SV. The following decisions were mostly made based on Craig Wright’s repeated public statements that he is Satoshi Nakamoto. Since bitcoin first emerged, there have been numerous theories and controversy about who the true, original creator of the largest cryptocurrency actually is. At various points, internet users from around the world have suggested that Satoshi could be Vitalik Buterin, Nick Szabo, Hal Finney and David Kleiman. Today, we invite you to share your…

Binance Chain Launches, Firm Expects to Execute Mainnet Swap on April 23

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Binance has launched its mainnet Binance Chain and expects to execute the swap of its native token Binance Coin (BNB) on April 23, according to an announcement on April 18. The major crypto exchange first revealed its plans to launch its own blockchain in December 2018, intending to build a basis for issuing new cryptocurrencies and initial coin offering tokens. According to the announcement, Binance is producing blocks with consensus from the genesis block as of today, with its native coin BNB planned to be issued in the genesis block.…

Bitcoin Price & Technical Analysis: BTC Back Up

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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. BTC becomes a currency in Sweden for a while BTC may help the global economy fight the recession McAffee: BTC will cost $1M by 2020 The official Twitter account of the Swedish major party got hacked; the attackers tweeted Bitcoin became the official currency in the country, and encouraged people to invest into the flagship crypto. The tweets then got removed in around 30 minutes, with the account given back to its legitimate owners. This might or might not be connected with the…

Bitcoin Price Goes 123 Days Without New Lows, Bull Market Ahead?

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Bitcoin investors are ready to call $3,100-area a bottom as the cryptocurrency continues its upward trend. The Rythm Trader noted that bitcoin had gone 123 days without posting fresher lows, which brought up its total gains since December close to 65 percent. The famous market analyst considered it as a sign of steady bullish momentum, believing that it would extend further soon. Bitcoin has now gone 123 days without a new low. It’s up 65% from December. Don’t get caught picking up a penny in front of the steamroller that…

Blockchain Smartphone Startup Sirin Labs Lays Off a Quarter of Its Workforce

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Blockchain smartphone startup Sirin Labs laid off a quarter of its workforce, Israeli business media Globes reported on April 15. Per the report, the startup admitted to having laid off 15 of its 60 employees and having overestimated the sales of their Finney blockchain smartphone. A spokesperson for the company reportedly said that it will now focus on software development and distribution. Sirin Labs also purportedly denied previous reports that the company had failed to pay wages to its employees. The report also notes that the founder of the company,…

Ripple (XRP) Jumps 4% After a Month-Long Bearish Action

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Ripple’s XRP token is among the worst best-performing cryptocurrency in the top ten. The coin has returned a mere 4.44 percent profits to its investors in the last 90 days. And those who purchased it 30-days back are looking at 18.45 percent losses already. But that has not deterred traders from speculating on it, proves the last 24 hours. The XRP price gained as much as 4.5 percent value against the dollar in the said period. It touched a session high towards $0.344 at about 0400 UTC and corrected towards…

This Billionaire Investor is “More and More Bullish” in Crypto and Bitcoin

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Michael Novogratz, the billionaire founder of Galaxy Digital formerly of Fortress Investment Group, has said he has become much more bullish in bitcoin and crypto in recent months. “I am…