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cryptopress
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2017-08-22 00:18
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cryptopress
cryptocurrency
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Dash Hits New All-Time High as Bitcoin, Bitcoin Cash Struggle
Bitcoiners have had a wild weekend from November 11 to 12, as bitcoin keeps struggling to maintain its price above the $6,600 mark, after plunging from $7,300 to $5,600 in only two days. As recently covered
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Coinbase Likely to Lose Battle to Protect Users from IRS Bitcoin Tax Probe
If you’re a long-time Coinbase user and have neglected to pay taxes on your bitcoin profits, you may soon find yourself in legal hot water, because a U.S. district court is likely to force the bitcoin
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Chess Legend Garry Kasparov: Bitcoin Is Pure Speculation
Former world chess champion Garry Kasparov went to the Web Summit, in Lisbon, this year while representing cybersecurity firm Avast. PROTESTE INVESTE, a Portuguese investment website known for helping
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US Customs and Border Protection Discovers 14 Blockchain Use Cases
An advisory committee to the U.S. Customs and Border Protection (CBP) is looking into the applicability of the blockchain and how it can be used within the agency. According to a published report, the
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Bitcoin Gold Launches to Little Fanfare
The bitcoin gold (BTG) network activated on Sunday with the idealistic goal to “make bitcoin decentralized again” by blocking the use of ASIC miners, but several metrics indicate that it faces significant
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Hudreds of Millions of Dollars in Ether Stuck, Where Ethereum Goes From Now
Earlier this week, as CCN reported, a bug in the Parity software of Ethereum was discovered, effectively freezing hundreds of millions of dollars in Ether as a consequence. Initially, many speculative
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$700 Million Stuck in 115,000 Unconfirmed Bitcoin Transactions
Bitcoin recently saw a meteoric rise in value over the past 30 days, but soon endured a major correction and saw its value drop from $7,500 to $6,407.62 at press time. The bitcoin dominance index dropped
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‘Dr. Doom’ Roubini Says Bitcoin is a ‘Gigantic Speculative Bubble’ that Will End
An influential American economist who predicted the 2008 financial crisis is now claiming that bitcoin is a ‘gigantic speculative bubble’ and that it will eventually come to an end. Nouriel Roubini, an
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“Deliberate and Fraudulent”: Cappasity Says Parity Wallet Incident Was No Accident
As CCN recently reported, the Ethereum ecosystem encountered another black swan event this week, as a bug was activated in the multi-signature wallet released by Parity Technologies. The bug resulted in
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Goldman Sachs CEO Lloyd Blankfein Open to Bitcoin Trading Desk
null Goldman Sachs chief executive Lloyd Blankfein is still not comfortable with bitcoin, but he says that he would not prevent the firm from establishing an institutional bitcoin trading desk. Blankfein
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Bitcoin Price Continues Downward Trend, Dips Below $6,600
After a meteoric rise in value in the past 30 days, the bitcoin price has endured a major correction as it dropped from $7,500 to $6,550. Before delving into the analysis of the downward trend and the
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Over 26,000 Blockchain Projects Were Developed Last Year; 8% Remain Active
Code repository GitHub saw over 26,000 blockchain-related projects created on its platform last year; yet only a small percentage remain active. According to data collected by Deloitte, it detailed
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Decentralized Sports Betting: EtherSport to Develop New Platform
Sports betting is another industry that is suffering from extreme centralization and big names corrupting the entire atmosphere. We have multiple betting outlets in Europe and USA for different sports
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‘MoneyBall’, ‘The Big Short’ Author is Glad He Kept His Bitcoin
An American non-fiction author and financial journalist has said that while he owns some bitcoin he ‘doesn’t completely get it.’ The author in question is Michael Lewis, author of best-selling books behind
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Mark Karpeles Will End Up Taking $859 Million From Mt. Gox Bankruptcy
In 2014, Mt. Gox, once the largest bitcoin exchange in the world, filed for bankruptcy. At the time, Japanese creditors requested Mt. Gox to return the equivalent amount of their funds stored in bitcoin
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Bitcoin Supporters Welcome SegWit2x Cancellation
Cryptocurrency supporters generally welcomed the cancellation of SegWit2x in the wake of disagreement among developers and miners over the proposed solution to the need for a larger bitcoin block size.
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Prominent Investor: Bitcoin Price in Healthy Uptrend For New Rallies
Trace Mayer, a prominent bitcoin investor who has funded Kraken, Bitpay, and Armory, has stated that the bitcoin price is in a healthy uptrend to initiate new rallies in the short-term. $BTC 🚂 in healthy
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We’re Looking ‘Very Carefully’ at Bitcoin: U.S. Treasury Sec. Mnuchin
U.S. Secretary of the Treasury Steven Mnuchin says that the federal government is concerned about the use of bitcoin in illicit dark web markets. In an interview with Yahoo Finance, Mnuchin stated that
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Bitcoin Price Plunges Below $7,000 as Bitcoin Cash Surges 30%
The bitcoin price continued to decline on Friday in the wake of SegWit2x’s indefinite suspension, reducing the leading cryptocurrency’s value below the $7,000 mark. The bitcoin cash price, meanwhile, surged
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Bitcoin Gold to Launch on November 12, But Will Anyone Care?
The Bitcoin Gold developers are preparing the cryptocurrency’s network for its official launch. As CCN has reported, bitcoin gold (BTG) is an altcoin that will be created through a fork of the main bitcoin
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