Crypto News

Crypto News
  • Cryptojacking Falls in Second Quarter, Coinciding with Crypto Bear Market: Research
    This year’s second quarter witnessed a lull in cybercrime, but cybercriminals continue to experiment with ransomware, according to Malwarebytes Labs in its second quarter report. Malware activity posted a decrease in both business and consumer categories in the second quarter, the report noted. But while the volume of activity was lower, the quality of the The post Cryptojacking Falls in Second Quarter, Coinciding with Crypto Bear Market: Research appeared first on CCN
  • Flooding in Sichuan Province Reveals Hidden World of China’s Small-Time Bitcoin Miners
    A special report on the recent floods across China’s Sichuan province has uncovered an extraordinary story of resilience, discomfort, tragedy, and rapidly changing economic circumstances experienced by the the people who make up the world’s largest concentration of small-time bitcoin miners. Originally reported by Chinese news resource Yiben Blockchain (一本区块链) via Jiemian, the report follows the The post Flooding in Sichuan Province Reveals Hidden World of China’s Small-Time Bitcoin Miners appeared first on CCN
  • Bitcoin’s Killer App is Ransomware, Not Payments: Stripe COO
    Stripe, a digital payments provider, took a pioneering role with bitcoin in 2015 when it introduced a tool that allowed merchants to accept bitcoin. This past April, the company discontinued the service. The company’s COO, Claire Hughes Johnson, told Fortune’s Brainstorm Tech conference Tuesday that the reason behind the firm’s abandonment of BTC is that The post Bitcoin’s Killer App is Ransomware, Not Payments: Stripe COO appeared first on CCN
  • Canada’s Only Actively-Managed Cryptocurrency Fund Now 91% in Cash
    Canada’s only actively-managed cryptocurrency fund is currently holding approximately 91 percent of its assets in cash, a position it says it has taken based on uncertainty about the near-term trajectory of the market. Writing in a biweekly report published on Facebook, the Quebec-based Rivemont Crypto Fund revealed that, as of July 13, 90.9 percent of The post Canada’s Only Actively-Managed Cryptocurrency Fund Now 91% in Cash appeared first on CCN
  • Change.org Launches Screensaver That Mines Monero for Charity
    Popular social petition platform Change.org is asking its supporters to install a screensaver that will mine monero on behalf of the for-profit organization’s charitable foundation. Change.org Asks Supporters to Mine Monero for Charity Dubbed “The Mining Screensaver,” the tool activates whenever a user steps away from his or her computer for a set period of The post Change.org Launches Screensaver That Mines Monero for Charity appeared first on CCN
  • U.S. Congress Strikes Positive Tone on Cryptocurrency in Latest Hearing
    A congressional hearing before the U.S. House Committee on Agriculture today struck a positive tone towards the impact that cryptocurrency and digital assets can have for the economy and processes. The hearing included academics, engineers, and entrepreneurs in the cryptocurrency industry. They included: Mr. Joshua Fairfield, William Donald Bain Family Professor of Law, Washington and Lee The post U.S. Congress Strikes Positive Tone on Cryptocurrency in Latest Hearing appeared first on CCN
  • Bitcoin Not a Real Currency, Risky for ‘Unsophisticated Investors’: Fed Chair Powell
    The head of the U.S. Federal Reserve warned Congress that bitcoin and other cryptocurrencies are dangerous to “unsophisticated investors” and should not be considered real currencies. Fed Chair Powell Criticizes Cryptocurrencies Jerome Powell, who became Fed chair in February, succeeding fellow cryptocurrency critic Janet Yellen, said on Capitol Hill that “relatively unsophisticated investors see the The post Bitcoin Not a Real Currency, Risky for ‘Unsophisticated Investors’: Fed Chair Powell appeared first on CCN
  • Stellar (XLM) Skyrockets 30% to Reach 2 Month-High
    Stellar Lumens surged to the top of the cryptocurrency gainers on Wednesday as the price soared to a two-month high of around $0.31 at press time. At 18:00CET on Binance the price was $0.30 with turnover exceeding the $24 million mark – a clear indicator that there was huge interest in the coin from investors. The post Stellar (XLM) Skyrockets 30% to Reach 2 Month-High appeared first on CCN
  • ContentBox (BOX) Launches Exclusively on Huobi Pro and Jumps 200% on First Day of Trading
    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 The post ContentBox (BOX) Launches Exclusively on Huobi Pro and Jumps 200% on First Day of Trading appeared first on CCN
  • Bitcoin Investment Trust Creator Adding $10 Million in New Investments Every Week
    Grayscale Investments, the fund provider behind the Bitcoin Investment Trust (OTC: GBTC), said that it is onboarding nearly $10 million in new investments every week, and the majority of that capital is coming from institutional investors. The New York-based firm, a wholly-owned subsidiary of the Digital Currency Group, made the announcement in its newly-released Digital The post Bitcoin Investment Trust Creator Adding $10 Million in New Investments Every Week appeared first on CCN
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