Latest Bitcoin Scam: Demanding Crypto to Return Lost Dog

A woman in Youngsville, North Carolina, whose pet dog had gone missing, was told to pay a bitcoin ransom by criminals claiming to have taken the family pet. Patricia Howell was told to pay $600 in bitcoin or Happy the basset hound would be sold or killed. The pet owner said that she knew it

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Bitcoin Wallet Xapo Implements Scaling Solution SegWit

Ted Rogers, the president at Xapo, a widely utilized cryptocurrency wallet and vault, has revealed that the platform has activated Segregated Witness (SegWit), the scaling solution developed by the Bitcoin Core development team. SegWit Adoption and Importance of Xapo Earlier this month, Tom Metcalf at Bloomberg reported that Xapo’s cold wallet stored in its underground

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Bitcoin Price Drops to $7,300 as Cryptocurrency Market Correction Continues

The bitcoin price has dropped below the $7,300 mark as the valuation of the cryptocurrency market declined by more than $25 billion, from $350 billion to $325 billion over the past 24 hours. Within the past three days, within merely 72 hours, the valuation of the cryptocurrency market sharply dropped from $390 to $333 billion,

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Argentinian Bank Drops Out of SWIFT, Favors Bitcoin and Cryptocurrency

According to Toshi Times, Jose Dakak, the principal shareholder of Argentinian bank Banco Masventas, has stated that the bank will drop out from the global financial network SWIFT and begin utilizing the Bitcoin blockchain network to settle international payments. Can Bitcoin Replace SWIFT? Through a strategic partnership with Bitex, a cryptocurrency payment service provider based

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Op-ed: China Ranked [51% Attack] Verge and Bitcoin at #13 in Blockchain List

On May 22, CCN reported that Verge (XVG), a privacy-focused cryptocurrency, fell victim to yet another 51 percent attack. Altcoin mining pool operator Suprnova revealed that an individual or an organization has invalidated legitimate blocks. Verge Attack “Verge is once again under attack, someone is 51%’ing the chain and invalidating all legit blocks. All pools

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Bitcoin Price Rewinds to $7,800 as Cryptocurrency Market Drops $27 Billion Overnight

On yesterday’s report, CCN emphasized that if the bitcoin price falls below the $8,200 resistance level once again, a reentry into the $7,000 region is inevitable. Over the past 24 hours, the bitcoin price dropped by around 4 percent from $8,300 to $7,850. Bitcoin Price Trend As CCN previously reported, the recent correction of the

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Big Investors Not Scared by Bitcoin Price Drop, Cryptocurrency Inevitably Replaces Fiat

Avi Salzman, a senior editor for Barron’s magazine, released a report this week featuring big money investors and executives from the rapidly growing cryptocurrency sector who generally believe, despite the recent bitcoin price drop, cryptocurrency will inevitably replace fiat. Inevitable Outcome Over the past five months, the valuation of the cryptocurrency market has dropped by

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Former Visa CEO Moves to Startup That Uses Cryptocurrency to Process Everyday Payments

Last week, on May 19, former Visa UK and Ireland CEO Marc O’Brien said during an interview with Business Insider’s Oscar Williams-Grut that he has been appointed as the CEO of a cryptocurrency startup called Crypterium. Everyday Payments During the interview, O’Brien, who served as the CEO of VISA UK for six years from 2008

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Bitcoin Price Back at $8,500: Cryptocurrency Market Rebounds After Poor Week

On previous reports, CCN noted that the $8,200 resistance level is an important threshold to observe given that a drop below the $8,200 mark could lead the bitcoin price back to the $7,900 region. Over the past 24 hours, the cryptocurrency market has rebounded as the bitcoin price reached $8,500 and tokens such as Tron

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Mobile Simpsons Game Adds Bitcoin Mining, Annoying Blockchain Evangelist in Latest Update

Krusty has lost everything on bitcoin! The March Towards Mass Adoption Bitcoin is taking further steps towards mass adoption, now featuring in the popular freemium game, The Simpsons: Tapped Out. In the game, Homer has neglected his work, playing mobile games instead of monitoring Springfield nuclear power station. In the new quest, called Crypto Cool,

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