Category Archive : Breaking

The Safest Way to Store Cryptocurrency Goes Live with an Open Beta

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. After a month-long invitation-only period, BANKEX Custody Service, a blockchain-based cryptocurrency storage solution with no minimum deposit limit, is now available to all users. Along with Bitcoin, Bitcoin

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The AI Powered Decentralized Analysis System (DAS) is Attempting to Rebuild a Kensho in Blockchain World

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

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Bitmain Likely Lost $400 Million Last Quarter: BitMEX Research

Bitcoin mining behemoth Bitmain likely posted a net loss of nearly $400 million last quarter, the China-based firm’s recently-filed public offering documents reveal. CCN reported yesterday that Bitmain had filed offering documents with the Stock Exchange of Hong Kong (HKEX), ahead of the long-awaited initial public offering (IPO) that promises to be the largest in

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Swiss Financial Services Company Raises $100 Million to Launch Crypto Bank

A financial services company based in Zug, Switzerland has raised roughly $104 million (100 million CHF) from investors as it looks to create a bank to lets consumers trade fiat for digital currency. According to Bloomberg, Seba Crypto AG raised the cash from a mixture of private and institutional investors. One of the people behind

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Five of the Most Promising Crypto Projects with Real-Life Potential

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. Ten years on from the launch of the original cryptocurrency, bitcoin, there are thousands of cryptos in existence today, each with a unique function. Which of them are

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Japan Gov’t Outraged by $60m Crypto Hack of Zaif, Regrets Lack of Suspension

Earlier this month, major Japanese crypto exchange Zaif was hacked, losing $60 million worth of crypto in user funds. The Financial Services Agency (FSA), the main financial watchdog of Japan, has stated that it regrets allowing Zaif to continue its operation after the exchange was given two warnings to drastically improve its system. “It is

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Australia’s Taxman Warns of Scammers Demanding Tax Debts be Paid in Bitcoin

Australia’s taxman is once again sounding the alarm over fraudsters impersonating tax officials and demanding that tax debts be paid in bitcoin as well as other ‘unusual’ methods. In the latest scam alert, the Australian Taxation Office has warned that scammers are going around threatening to get the federal police to send Australians to jail

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Former Tesla Employees Swiss Roadshow Event for Electric Vehicle Platform EVAIO

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

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New Zealand Police Issues Public Alert Against Bitcoin Investment Scam

New Zealand’s police department has urged the public to be vigilant of online investment schemes offering heightened returns with investments in cryptocurrencies like bitcoin. Police in the region of Canterbury in New Zealand issued a public alert on the department’s website on Wednesday, reminding residents to be wary of crypto-investment schemes after an incident wherein

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Crypto Market Eyes Rebound at $115 Billion, Short-Term Rally Looking Unlikely

Over the past 24 hours, Bitcoin Cash initiated a 20 percent rally fueled by the initial public offering (IPO) of Bitmain but the rest of the crypto market remained relatively stable at a low price range. The valuation of the cryptocurrency market has maintained its position in the $114 to $115 billion range, as Bitcoin

The post Crypto Market Eyes Rebound at $115 Billion, Short-Term Rally Looking Unlikely appeared first on CCN


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