Don’t Disrespect Our Crypto Trading Ban, Warns Burundi’s Central Bank

Burundi’s Central Bank has completely banned crypto trading in the country, specifically mentioning bitcoin, ethereum and a handful of other cryptocurrencies. The East African nation is also warning that “strong measures could be taken” against traders who flout the ban, in a statement to Bloomberg.  The Central Bank of Burundi admitted in a statement that […]

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This Billionaire is Plowing Cash into $1 Billion Crypto Venture

A new crypto venture is on the horizon, boasting a $1 billion treasury and a mentor that Forbes in 2013 listed as “one of the 40 highest-earning hedge fund managers.” The unnamed platform is a part of Elwood Asset Management, a London-based firm which handles the personal cryptocurrency assets of Alan Howard, the head of […]

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Apex Legends Leak Finally Reveals First Look at…Crypto!

A fresh leak has unveiled the first look at popular battle royale shooter Apex Legends' upcoming legend, dubbed rather fittingly for us here at CCN, Crypto. Photos surreptitiously snapped during a closed-doors Game Stop Manager's Conference held on Aug. 25 appeared on Reddit late yesterday, courtesy of Redditor Teves3D. Crypto Clad in an off-white and […]

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Facebook’s Crypto Libra Won’t Be Legalized in Russia: State Press

By CCN Markets: TASS, a major news agency in Russia wholly owned by the federal government, has reported that Russia will not legalize Libra, merely days after its highly anticipated announcement. An excerpt from TASS’ report read: “Russia will not legalize the use of Libra cryptocurrency, which Facebook plans to introduce into circulation in 2020. This opinion was expressed by the chairman of the State Duma Committee on the Financial Market, Anatoly Aksakov, in an interview with the radio station Kommersant FM on Tuesday.” With France and the U.S. currently evaluating Libra based on existing regulatory frameworks governing the crypto sector,

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Crypto’s Gender Divide Surfaces: Only 5% of Coders Are Women

By CCN Markets: Less than 5% of crypto developers are women, according to an analysis of the 100 most popular blockchain projects submitted to GitHub, Microsoft‘s code-sharing site. The results are not scientific because they assumed a coder’s gender based solely on their user name. Moreover, there was no verification of whether the user was actually male or female. However, the results are not surprising considering the tech industry has historically been male-dominated. Analyst: 95% of Crypto Developers Are Men Journalist Corin Faife posted his analysis on Medium. Faife found that only 4.6% of “female” names were used for the

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Warren Buffett Watch: Tron CEO’s $4.6M Lunch Is in July in San Francisco

By CCN Markets: Tron CEO Justin Sun has set July 25 as the date for his $4.6 million lunch with billionaire investor Warren Buffett. And it’s going to take place in Silicon Valley instead of Manhattan, as originally scheduled. Justin Sun’s Bid Was Record-Setting Sun made the announcement on Twitter, where he revealed that he chose San Francisco to shine a spotlight on the city’s homelessness crisis. The $4.6 million that Sun shelled out was the highest ever paid for the annual charity lunch. “The 20th annual eBay Power Of One Lunch with Warren Buffett will take place July 25

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Crypto Spring Has Arrived & Institutional Money Will Move In: Barry Silbert

By CCN Markets: Bitcoin, the asset written off by many prominent economists after an enormous fall last year, has surged by more than 115% in the first half of 2019. The world’s largest cryptocurrency in May established a year-to-date high of $9,090 on Coinbase exchange. The price corrected downwards by more than $1,000 afterward. However, the drop did not shake bitcoin’s long-term bullish bias, at least according to Barry Silbert, the founder, and CEO of Digital Currency Group. Silbert told Bloomberg that crypto spring has arrived. He’s been in the crypto market since 2011 and is used to the volatility. “

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Bitcoin Wunderkind Erik Finman Launches Coinbase Rival

By CCN Markets: Bitcoin entrepreneur Erik Finman, who became a millionaire by age 18, wants to bring crypto to the masses through a new investing platform called CoinBits. In fact, Finman is so confident in his concept that he projects he’ll be able to onboard one million customers within the next 12 months. Finman: CoinBits Is Better Than Coinbase The 20-year-old high school dropout told MarketWatch that his platform is superior to rivals like Coinbase and Robinhood because it’s much more user-friendly. “The goal of the application is to make cryptocurrency not just more accessible, but to make cryptos and

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XRP Price Could Soar More than 60% Based on Technical Signals: Analyst

By CCN Markets: On June 6, author and chartist Peter Brandt (@PeterLBrandt) took to Twitter to share his bullish view on Ripple’s price action. In his tweet, he mentioned two cryptocurrencies flashing bullish signals against Tether US (USDT): Litecoin and Ripple. While he did not specify the targets for Litecoin, he emphasized two target prices for Ripple, which are 0.5688 and 0.6260. Peter Brandt is one of the most respected figures in the crypto community on Twitter. While he runs a paid group on his website, he shares some of his insights with his followers. His account has been active

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‘Most Ambitious’ Blockchain Startup Since Ethereum Raises $15 Million

By CCN Markets: A blockchain project called Helium has raised $15 million in a round led by enthusiastic technology investors like Multicoin Capital and Google (via venture fund GV). Multicoin wrote a passionate blog post, praising the project as one of the most ambitious crypto ventures since Ethereum itself. Helium reportedly will bring reduced costs to deploying wireless networks, as Multicoin partner Tushar Jain explains:  “The Helium vision is the most ambitious we have seen in the blockchain space since the advent of smart contracts on Ethereum: Helium represents a fundamentally new approach—one with a radically reduced cost structure—to deploying

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