Cryptocurrency Hedge Fund: We’ll Succeed, Even if Bitcoin Ends Up Defunct

Dan Morehead, chief executive officer (CEO) and co-chief investment officer of struggling cryptocurrency hedge fund Pantera Capital, recently claimed that even if bitcoin fails like Pets.com did during the dot-com bubble, the hedge fund would still see investors make money. According to CNBC, Morehead’s reasoning was that cryptocurrencies are revolutionary …

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IBM Presents its Take on Blockchain for Business

Evanston IL—CCN correspondent Eric Eissler covered a lecture at Northwestern University by Marie Wieck, IBM General Manager, Blockchain. Wieck covered the industry, the history of blockchain and talked about IBM’s Hyperledger project and how to tackle the challenges of digitization such as food-chain supply safety and digital identity. IBM enters …

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Dubai Employee Steals $200,000 in Cryptocurrency Embezzlement Fraud

According to Dubai-based newspaper Khaleej Times, a cryptocurrency trading platform in the city caught its own employee stealing cryptocurrency for his personal use. Both the company as well as the convict were kept anonymous in the entire story. The man was an expert in managing trading systems, which was why …

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Nauticus Exchange ICO Begins Today! 35 Percent Bonus Coins Available

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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Blockchain and AR is Revolutionizing the Gaming Industry

Merging the virtual and real world is a development that is becoming common in the gaming ecosystem. Most of these new games involve the integration of game visuals and audio content with a player’s environment in real time. This phenomenon is described as Augmented Reality (AR). Real-life Participation Working with …

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Market Crashes, Binance Pivots and OpenBazaar Developments: This week in Crypto

What happened in crypto this week? Price Watch Bitcoin is down about 8% this week to $7,800.This has been attributed to low volume, FOMO, and the ICO hearing. The news isn’t all bad though, several experts are saying now might be a good time to buy. Ethereum is down about 16% this …

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Florida State Employee Arrested for Mining Cryptocurrency on Agency Infrastructure

According to a statement released by the Florida Department of Law Enforcement (FDLE), an employee at the Department of Citrus was found using state-owned computing hardware to mine cryptocurrencies. The perpetrator, Matthew McDemott, served as the information technology manager for the department, which overlooks the functioning of the citrus industry …

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Bitcoin Slips to $7,840 as Sell Volumes Intensify, Cryptocurrency Market Slumps

The valuation of the cryptocurrency market, which hovered near the $470 billion mark merely two weeks ago, has declined to $313 billion, as major cryptocurrencies including bitcoin fell in value. Bitcoin Slumps Over the past 24 hours, the price of bitcoin fell from $8,600 to $7,840, by nearly $800. While …

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Traditional Liechtenstein Bank Launches Cryptocurrency Investment Platform

Citizens of Liechtenstein, a country that has become rather famous for its cryptocurrency acceptance, will soon be able to purchase digital currencies directly from a bank. Given the royal family’s demonstrated interest in the asset class and the general willingness to embrace cryptocurrency development, the move is perhaps not too …

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