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All Crypto

Bitcoin Price Leaps to $8,215 as Bulls Fight Off ETF-Induced Slump

Sorry bears, but it looks like the party’s over. Bullish traders on Friday pushed the bitcoin price back above the $8,000 mark, reversing a Thursday evening plunge that occurred in the immediate aftermath of the U.S. Securities and Exchange Commission’s announcement that it had denied the Winklevoss twins’ bitcoin ETF application for the second time. That news sent the markets ...

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Nasdaq Plots to Legitimize Cryptocurrency in Secret Meeting: Report

The cryptocurrency markets took a hit this week after the U.S. Securities and Exchange Commission (SEC) denied the Winklevoss twins’ latest attempt to list a bitcoin ETF on a regulated stock exchange. Among other things, the SEC expressed concern that the underlying bitcoin spot markets are too prone to manipulation for the agency to feel comfortable allowing an exchange to ...

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Blockchain Security Is in an Era of Vulnerability

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 conduct their own research with due diligence into the company, product or service mentioned in the press release. “A ...

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SEC Commissioner Disagrees with Agency’s Winklevoss Bitcoin ETF Rejection

The Securities and Exchange Commission (SEC) on Thursday shot down the Winklevoss brothers’ bid to bring the first bitcoin ETF to a regulated U.S. exchange, dashing the hopes of many investors that the agency was warming to this nascent asset class. Notably, though, that ruling was not only controversial among cryptocurrency enthusiasts but also within the SEC itself. Commissioner Says ...

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Google Bans Cryptocurrency Mining Apps from Play Store

After banning cryptocurrency mining extensions from its Chrome Store earlier in the year, Google has now outlawed apps on its Play Store that engage in similar activity. In a new update to its developer policies, the tech giant has indicated that apps which are used to mine cryptocurrencies will be prohibited henceforth. However, the Mountain View, California-based tech firm made ...

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Another ICO Hacked, KICKICO Loses $8 Million After Smart Contract Breach

KICKICO, an initial coin offering (ICO) project launched on top of the Ethereum blockchain protocol, was hacked on July 27, losing more than 70 million KICK worth $7.7 million. Smart Contract Breach Dissimilar to most cryptocurrency, blockchain network, and token hacking attempts, the security breach of KICKICO was unique in that the hackers were able to gain direct access to ...

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Japanese Conglomerate Hitachi Tests Blockchain for Retail Settlements

Multinational conglomerate, Hitachi Ltd, and telecommunications operator, KDDI Corporation, have disclosed they are testing a blockchain solution that will see the biometric features of shoppers being used for authentication prior to settling retail payments. Initially, the coupon settlement system will be trialed at KDDI retail stores located in Tokyo and fast food outlets of the Mr. Donut chain. According to ...

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CoinLoan Opens Platform to Bridge Gap Between Lenders and Borrowers

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 conduct their own research with due diligence into the company, product or service mentioned in the press release. CoinLoan, ...

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Is Bitcoin’s Bull Run Done?

Editor’s Note: The price analysis was drafted at 19:30 UTC, July 26th. Amid a treacherous start to 2018, Bitcoin began bouncing back May 10th when the coin’s market capitalization dominance began its 11% ascent to 46.9%. In the past week Bitcoin has returned 9.7%, and in the last month is up almost 45%. In the onset of what seems to ...

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Korea’s Regulator Calls for ‘Urgent’ Crypto Laws amid Security Concerns

South Korea’s primary financial regulator is urging lawmakers to hasten the country’s first regulatory bill for the cryptocurrency sector amid fears of substandard security in the industry. Hong Seong-ki, head of the virtual currency response team at South Korea’s Financial Services Commission (FSC), has joined the chorus among authorities and lawmakers seeking to regulate the cryptocurrency sector by stressing the ...

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