Cryptocurrency Highlights, News, Use Cases And Other Reckonings : #295 (2019-02-13)

in #steem6 years ago

Disgraced Crypto Exchange QuadrigaCX Accidentally Sent Nearly $400,000 to Dead CEO’s Bitcoin Wallet: Joseph Young


On February 12, Ernst and Young (EY), the monitor of the QuadrigaCX case, released its first report with the Supreme Court of Nova Scotia. In it, EY stated that the exchange “inadvertently” moved $370,800 in Bitcoin to a cold wallet controlled by CEO Gerald C…

This Uber Co-Founder’s Bitcoin Brokerage Just Went Public in Canada: Yashu Gola


Voyager, a brokerage startup that helps users easily find the best prices for Bitcoin and other crypto assets, has gone public in Canada on the Toronto Venture Exchange (TSX-V) through a reverse merger reportedly worth $60 million. The privately-held company …

Why the Dow Rallied 372 Points Despite Trump’s Tantrum over Shutdown Deal: Wes Messamore


The Dow Jones Industrial Average jumped 372 points (1.48%) Tuesday. A bipartisan deal to avert a second government shutdown drove Tuesday’s rally. The deal secures border funding, but Republicans and Democrats dispute what’s in it. Donald Trump says he’s “not…

Bitcoin Price Clings to $3,600 with Iron Fist While Ethereum Races Past Ripple: P. H. Madore


The 24-hour period of trading hasn’t seen vast activity in the crypto economy. Since the spike at the end of last week, nothing truly significant has taken place on Bitcoin markets. With a high degree of irony, the whole crypto market seems on pause while the…

Vanguard CIO Greg Davis Just Issued a Dire Warning for the US Stock Market: Tedra DeSue


The odds of a recession are rapidly going up, and U.S. stock market investors need to be on notice. Vanguard CIO Issues Bleak Forecast for U.S. Stock Market Investors who’ve been rolling in the money because of the decade-long bull market may need to start ma…

Exclusive: Bitcoin Cash Developer Amaury Sechet Comes Clean on Satoshi Claims: P. H. Madore


CCN finally caught up with Bitcoin Cash lead developer Amaury Sechet, who recently graced our headlines with a bit of a stunt: claiming to be Satoshi Nakamoto. Amaury Sechet: I Didn’t Create Bitcoin Obviously, this was our first question for him. Sechet says …

Blockport Announces Partnership with Crypto Lending Provider Nexo: 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…

This US Senator Wants to Legalize Weed, Should Investors Get High on Pot Stocks?: David Hundeyin


For the best part of a century, American regulators have locked themselves into what many have recognised as an unwinnable war against a hardy plant that is cheap and easy to grow, with a wide variety of uses and end products. Despite a mountain of evidence w…

Ad Tech Startup tribeOS Announces Federally Approved Security Token Offering in Bermuda: 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…

Gaming Giant Activision Blizzard Stock Could Get Crushed [Again] Tonight: Ben Brown


It’s been a brutal few months for Activision Blizzard Inc. stock. Shares have fallen 51% since in October 2018, with little sign of easing up. Tonight, Activision reports its fourth-quarter earnings after the US market closes. It’s a make-or-break moment for …

Did TRON Acquire a Liability in $126 Million Purchase of BitTorrent? A Record 3,300 Lawsuits Hits Platform’s Users: Joseph Young


According to The National Law Review and TorrentFreak, more than 3,300 lawsuits have reportedly been filed against BitTorrent users for copyright infringement. “Data collected by TorrentFreak from court records all over the country show that in the first half…

Why Asset Manager Canaccord Says Tesla Stock Will Explode by 40% in 2019: Jimmy Aki


Despite a wider recovery in the US stock market, Tesla’s new year got off to a rocky start. The company’s stock plummeted, particularly after RBC Capital gave the electric vehicle maker’s shares a dreaded “sell” rating. Striking at the core of the matter, RBC…

How the Dow Just Set the U.S. Stock Market up for Another Massive Fall: Sam Bourgi


The U.S. stock market rally could be in for a rude awakening Tuesday after a source at the White House confirmed that President Trump was undecided about backing a new budget deal proposed by congressional leaders. The Dow surged by as much as 317 points earl…

Newsflash: Why This Virginia Police Department’s Pension Just Invested in a $40 Million Crypto Fund: P. H. Madore


Frequent Bitcoin commentator and t-shirt salesman Anthony Pompliano told Bloomberg this morning that two Fairfax County, Virginia pension funds have gone in on Morgan Creek Digital’s new fund for cryptocurrency companies. The funds represent $1.2 billion in a…

Institutional Investors are Already Turning to Crypto: Should You Fear Missing Out?: Joseph Young


Two public pensions from Fairfax County, Virginia’s Police Officer’s Retirement System and Employees’ Retirement System, have invested in Morgan Creek’s new $40 million crypto fund. Anthony Pompliano, a Morgan Creek general partner, said that it is the first …

We’re Freeriders: Facebook Co-Founder Chris Hughes, Worth $500 Million, Wants to Pay Higher Taxes: Jimmy Aki


Facebook co-founder Chris Hughes is back advocating for higher taxes for wealthy Americans. This is not the first time Hughes is calling on the government to take a step to help low-income Americans trying to make ends meet. Hughes spoke on CNBC’s “Squawk Box…

Dow Surges 200 Points after Congress Plays Ball on Wall, But Bitcoin Price Slinks Lower: Josiah Wilmoth


Dow futures pounded more than 200 points higher and US stock market traders collectively breathed a sigh of relief ahead of Tuesday’s open after congressional negotiators announced that they had reached a tentative deal to avoid a second costly partial federa…

Trump Border Wall Deal May Have Just Rescued Dow Jones From Further Decline: Joseph Young


The Dow Jones has demonstrated an underwhelming performance in the last seven days, deleting nearly 400 points in less than four days during which the market was open. On February 12, senior lawmakers on the House and Senate Appropriations Committees achieved…

Chairman Misconduct Scandal Costs Nissan $84 Million amid Slashed Profit Forecast: Mark Emem


Japanese auto giant Nissan has revised its sales and profit forecast for the full year which ends next month downwards. The carmaker now estimates that its operating profit will come in at 450 billion yen ($4.1 billion). Previously Nissan had been expecting a…

Trump Wall Talks Reach ‘Tentative’ Agreement – Still Not Enough to Avoid Another US Govt Shutdown?: Tedra DeSue


Just when we thought Congressional leaders were incapable of compromise in order to avoid another government shut down, they surprise us. They announced late Monday that an agreement over border funding had been reached. Calling it “an agreement in principle”…

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