GIFcoin: Gambling Investment Fund – an ERC-20 Token Supported by a Real, Money-Generating Business

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 conduct their own research with due diligence into the …

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Criminal Bitcoin Trader Found Guilty of Money Laundering in Arizona

Though many convicted criminals serve time and receive help reforming, for one Bitcoin trader, his record continues to grow from felony marijuana charges to money laundering. First reported by CCN earlier as an “unlicensed money transmitting business,” it appears as though Thomas Mario Costanzo, who often goes by ‘Morpheus Titania,’ …

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Not Everyone’s a Fan of the CFTC Chairman aka ‘Cryptodad’

As commodities regulators go, few have managed to attain the cult following that US Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has assembled in recent weeks. However, the markets supervisor — nicknamed “cryptodad” by cryptocurrency enthusiasts — is finding that this newfound fame does not come without its …

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BitPay Merchants Can Now Accept Bitcoin Cash Payments

BitPay merchants can now accept a second cryptocurrency in addition to Bitcoin — its offshoot Bitcoin Cash. The Atlanta-based company made the announcement in a Wednesday blog post, marking the first time in the company’s history that it has processed altcoin payments. BitPay — which has processed Bitcoin payments since …

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Ethereum Developer Opens EIP to Discuss ‘Bricking’ Ethash ASIC Miners

An Ethereum developer has opened an Ethereum Improvement Proposal (EIP) to discuss whether the community should modify its Ethash mining algorithm to maintain ASIC resistance. EIP 958, posted on GitHub by Ethereum core developer Piper Merriam, formally proposes that improved ASIC resistance be implemented into the network’s instance of Ethash, …

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OKEx to Roll Back ‘Irregular’ Futures Trades After Bitcoin Price Crashes Below $5,000

Cryptocurrency exchange giant OKEx is rolling back a series of Bitcoin futures transactions in response to an “irregular” sell-off that was localized to the trading platform. The Hong-Kong based exchange announced on Friday that it would reverse transactions that occurred this morning between 4:47 am and 6:30 am Hong Kong …

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