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Is Elon Musk Losing it? Laying Off 3,000 American Workers to Build a Gigafactory in China, & Tesla’s Enormous $1 Billion Debt

By CCN.com: Trying to make heads or tails of Tesla’s financial footing continues to be a task. The good news for Elon Musk keeps getting trumped by worrisome, if not flat out bad news. This month is proving to be… Continue Reading →

The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue

In The Daily this Saturday, Sapphire has designed a new graphics card suitable for mining the recently launched Mimblewimble cryptocurrency Grin. In other news related to the minting of digital coins, Taiwan Semiconductor Manufacturing Company has reported a significant decrease… Continue Reading →

Brexit Deadlock: Is a 2nd Referendum Looming? Nigel Farage Thinks So

Former UKIP leader Nigel Farage took to a stage in London late last week and delivered the news that his audience didn’t want to hear. A rerun of the 2016 EU referendum could be on the cards. Speaking to a… Continue Reading →

Rocke Group’s Monero Mining Malware now More Powerful than Cloud Security Software

According to a January 17, 2019, press release from Palo Alto Networks’ Unit 42, a threat intelligence team, a Linux mining malware developed by Rocke group has advanced to uninstall cloud security products from Alibaba Cloud and Tencent Cloud to… Continue Reading →

Eastern European P2P Markets See Strongest BTC Volume in Over 12 Months

Eastern European peer-to-peer (P2P) markets have seen a spike in trading activity, with the Russian, Ukrainian, Romanian, and Kazakh Localbitcoins markets posting the strongest volume in over 12 months when measured in cryptocurrency. Also Read: Bitcoin and Market-Related Headlines Dominated Crypto… Continue Reading →

‘Major Announcement’: Is Donald Trump Preparing to Declare a National Emergency to Gain Wall Funding?

U.S. President Donald Trump has promised to make a ‘major announcement’ on Saturday afternoon. This comes as the partial government shutdown nears the one-month mark. Without going into much detail, Trump said the focus of the announcement would be on… Continue Reading →

Chilean Citizens Will Begin Paying Cryptocurrency Taxes in 2019

Taxpayers in Chile are reportedly going to have to pay taxes on cryptocurrency earnings this year, as the country’s Internal Revenue Service (Servicio de Impuestos Internos, SII) has included a section for cryptoassets in a form that has to be… Continue Reading →

USA: Blockchain Technology to Revitalize the Health Department’s Contract Acquisition Function

According to a report by FedTech Magazine published on January 18, 2019, the U.S. Department of Health & Human Services (HHS) is moving ahead with its new data monitoring tool called HHS Accelerate to streamline the process of procuring and executing… Continue Reading →

Freemium Isn’t Free! Free Mobile Games Generated a Whopping $61 Billion in 2018

The 2018 end-of-year report by Nielsen-owned gaming research company SuperData has revealed that so-called freemium games – games that are free to play but typically enable microtransactions for users to purchase upgrades and gizmos – are dominating the entertainment market,… Continue Reading →

The DS (Digital Securities) Protocol: Securitize’s Infrastructure for Tokenized Securities

Cryptocurrency has come under serious scrutiny following incoming regulation and legislation. Despite this, however, things remain legally unclear for cryptocurrencies overall as well as token offerings and blockchain-issued assets in particular. While it would make sense to abide by the… Continue Reading →

Did Bitcoin Cash Fail? 500 Days Since the Fork, it Looks Like it Did

Nearly 17 months after the contentious fork that gave birth to Bitcoin Cash, it may be safe to say that the entire purpose of the fork may have been defeated, rendering Bitcoin Cash as little more than just another altcoin…. Continue Reading →

Report: Bitcoin Use on Darknet Markets Doubled in 2018

Bitcoin use on darknet markets (DNMs) doubled in 2018, a study has shown, rising to an average of $2 million per day. Bitcoin has long been used to buy goods on the darknet due to its relative anonymity, and looks… Continue Reading →

Taiwan: Bitcoin Traders Ran $51 Million Crypto Scam, Prosecutors Say

Prosecutors in Taiwan indicted seven bitcoin traders for allegedly operating a sham crypto investment scheme that bilked $51 million from more than 1,000 investors. The ringleader was a 47-year-old man whose surname is Lin, Focus Taiwan reported. The alleged scammers were charged… Continue Reading →

Gate.Io Launches Monero (XMR) and Stellar Lumens (XLM) Perpetual Contracts

Many believe that institutional money will not flow into cryptocurrency markets until there are more adaptability and flexibility with the markets with regards to investment products such as futures contracts. Gate.io has recently added two new assets to its “perpetual… Continue Reading →

Facebook May Be Slapped with ‘Record-Setting’ FTC Fine for Data Breach Scandal

The US Federal Trade Commission is considering slapping Facebook with a “record-setting” fine for its epic data-breach scandal. The social media monopoly is accused of violating user privacy by selling their personal data to third parties without their consent — for years…. Continue Reading →

Huobi Japan (BitTrade) Launch Operations as a Fully Regulated Exchange

Huobi Japan, the cryptocurrency exchange re-born as a result of a merger between BitTrade and Huobi Group, has now resumed operations as a wholly-regulated exchange by Japan’s Financial Services Agency (FSA), according to a press release on January 17, 2019…. Continue Reading →

Plunging Consumer Sentiment is Proof Shutdown Will Wipe Out Dow’s Gains

New data reveals consumer confidence has plunged to its lowest level in two years. Historic data suggests the US stock market ignores government shutdowns. However, none have continued for so long, and falling consumer sentiment is a key indicator of… Continue Reading →

How Coinstar Could Turn $62 Million Dollars Worth of Literal Trash into Bitcoin

According to an estimate by recycling and waste management company Covanta Holding Corporation, Americans literally throw away $62 million dollars a year worth of spare pocket change. Covanta offered CBS News a theory along with the estimate “that the coins… Continue Reading →

Watching the Pennies Excessively? Pound Falls from Two-Month High as UK Retail Sales Disappoint

The British pound fell from its two-month high early Friday as fears of a no-deal exit from the European Union rescinded. After hitting the $1.3000 mark on Thursday, the sterling pound is now trading around the $1.2940 level. While the… Continue Reading →

Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018

2018 was a crazy year for cryptocurrency enthusiasts as markets dropped significantly in value, but there were still plenty of sensational headlines to capture attention in a period when digital currency news coverage changed drastically. According to statistics from Cryptocompare… Continue Reading →

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