Pharma Stocks Decline as House Democrats Investigate Drug Prices: David Hundeyin
Stock prices of twelve of the largest pharmaceutical companies in the USA have fallen sharply after the commencement of a Congressional investigation into prescription drug pricing practices. In a statement released yesterday, it was revealed that the House O…
Activision Blizzard May Be Accused of Securities Fraud by Investors: Melanie Kramer
Pomerantz Law Firm has issued a shareholder alert and, it says, is investigating Activision Blizzard and its “officers” for possible securities fraud or other “unlawful business practices.” Activision Blizzard announced its split from Destiny creators Bungie …
Bitcoin is a Tool for ‘Peaceful Revolution’: Crypto Developer Jimmy Song: Samantha Chang
Bitcoin developer Jimmy Song says the original cryptocurrency can be a powerful tool to usher in a “peaceful revolution.” Song made the remarks during an interview with RT’s business host Max Keiser. “The biggest thing bitcoin brings is the decentralization o…
Anonymous Trader That Can Gain $175 Million From S&P 500 Bet Was Not “Doing a Buffett”: Wesley Messamore
Was the anonymous trader who “caused a stir” in the U.S. equity options market on Monday with a massive bet–– Doing a Buffett?” Saqib Iqbal Ahmed asks at Reuters Business News, pointing out: ‘The trader sold 19,000 put options on the S&P 500 Index. SPX obliga…
Breaking: Ethereum Developers Postpone Constantinople Hard Fork, Price Plunges: Josiah Wilmoth
The core developers of Ethereum have called for a delay to the activation of Constantinople, just hours before the long-awaited hard fork was scheduled to go live on the third-largest cryptocurrency’s network. In a statement, the Ethereum Core Developers and …
Government Shutdown Could Slash US Economic Growth to Zero: JPMorgan CEO Jamie Dimon: Samantha Chang
Jamie Dimon, the CEO of JPMorgan Chase, warns that the partial US government shutdown could cut the United States’ economic growth to zero if it continues through March 31. “Someone estimated that if it goes on for the whole quarter, it can reduce growth to z…
Rising Blockchain Developer Salaries May Not Mean Increasing Crypto Activity: Joseph Young
Despite the 80 percent correction in the crypto market, blockchain developers are making $130,000 to $180,000 a year. But, the rising salaries of blockchain developers do not necessarily translate to an increase in developer activity in the crypto sector. Too…
Another Crypto Exchange Hacked, Could it Hurt Reputation of the Market?: Joseph Young
On January 14, large crypto exchange Cryptopia was hacked, resulting in significant losses of investor funds. In an official statement released on Tuesday, the company said that the New Zealand police and the government’s High Tech Crimes Unit had initiated a…
Binance CEO Criticized for Appearing to Advise Storing Crypto on Exchanges: David Hundeyin
Binance CEO Chengpeng Zhao (“CZ”) has come under attack after appearing to advise crypto holders to store their holdings on exchanges instead of on personal storage devices like USB drives or hardware wallets. In a tweet, Zhao appeared to infer that the risk …
Newsflash: Theresa May’s Brexit Deal Has Been Rejected – What now?: Melanie Kramer
UK Members of Parliament have voted on Prime Minister Theresa May’s Brexit proposition. May’s Brexit deal has been rejected. The rejection of the deal could now result in a “hard Brexit,” an exit from the EU with no formal agreement on debt, trade, and what w…
SEC Charges Group Behind Filing System Hack, $4.1 Million in Illegal Trades: P. H. Madore
New charges have emerged from a 2015 case of hacking and insider trading, the SEC announced today. In the previous case, Ivan Turchynov and Oleksandr Ieremenko hacked newswire services and provided information to traders before anyone else could get it. The s…
LTO Network Partners with BitMax.io (BTMX.com) for Token Listing and Exchange Services: Press Release
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 c…
Bitcoin PR Buzz Announces January PR Sale with $200+ Discounts: Press Release
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 c…
OKCoin Lists Tron Cryptocurrency, Claims it’s not a Security: P. H. Madore
OKCoin is adding Tron to its crypto exchange today. Not to be confused with OKEx, which is a futures platform founded by the same people, OKCoin primarily focuses on traditional swaps and allows for bank deposits. Importantly, OKCoin serves US customers while…
BitMart Announces Galaxy Program – Up to $10,000/Month Base Compensation — Apply Now to Become a BitMart Star!: Press Release
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 c…
Amazon and Walmart Stock in Danger? India Tightens E-Commerce Rules: Joseph Young
Last month, India implemented new regulations for foreign e-commerce firms including Amazon and Walmart-owned Flipkart, placing pressure on the two conglomerates. According to Mukesh Aghi, the U.S.-India Strategic Partnership Forum president, the abrupt chang…
Crypto Developer Predicts 2019 will be the ‘Year of the 51% Attack’: Mark Emem
The co-founder and CEO of decentralized cloud storage network Sia, David Vorick, has predicted that 51% attacks will increase dramatically in 2019. This comes hot on the heels of Ethereum Classic suffering such as an attack, as CCN recently reported. Sia Dev …
Crypto Exchange Cryptopia Suffers ‘Significant Losses’ from Hack: Habiba Tahir
Cryptopia, a New Zealand-based crypto exchange, was hacked this week, suffering “significant losses” as a result of the breach. Crypto Exchange Cryptopia Hit by Hackers On January 14, Cryptopia tweeted that the exchange was going through “unscheduled maintena…
Tesla’s Share Price Hikes as the Electric Vehicle Market and Automotive Stocks Rise: Melanie Kramer
Tesla stock is seeing near 4% gains so far on the New York Stock Exchange (NYSE) as the US stock markets recover from two days in the red. Automotive companies are feeling the pinch of economic tightening and lowering demand for conventional, fuel-hungry, veh…
Delta Airlines Expects to Lose $25 Million in Revenues Due to US Government Shutdown: Mark Emem
The third-largest airline in the United States by domestic market share, Delta Air Lines, has disclosed that the ongoing partial government shutdown will cost it millions of dollars in lost revenue. In an interview on CNBC, Delta’s chief executive Ed Bastian …
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