By CCN.com: According to an affidavit filed with the Supreme Court of the State of New York by Stuart Hoegner, the general counsel to Tether and major bitcoin exchange Bitfinex, only 74 percent of Tether’s holdings are backed by cash. “As of the date [April 30] I am signing this affidavit, Tether has cash and […]
Archives for Aprile 2019
Dow Would Go ‘Up Like a Rocket’ with Trump’s Desired Interest Rate Cut
By CCN: If you think the Dow Jones Industrial Average has had a good run, you haven’t seen anything yet. President Trump wants to see interest rates slashed by 1%, which has the potential to unleash further gains in an already historic bull market for stocks. On a day when progress surrounding U.S. and China […]
Millennials Are the ‘Driving Force’ of Bitcoin Ownership: Survey
By CCN: Millennials bask in knowing they are far more ahead of the technology curve than older adults. This is why their demographic has been more willing to embrace bitcoin as a long-term investment. But what about the stock market? Their proclivity toward crypto has led many to abandon good old fashioned stock market investing. […]
Crypto-Specialist Economist Reveals Trick for Governments to ‘Kill Bitcoin’
By CCN.com: Saifedean Ammous, author of the Bitcoin Standard, appeared on the most recent episode of Stephen Livera’s crypto-economics podcast. Ammous spoke on several subjects, including a hyperbitcoinized future. What Would It Take To Kill Bitcoin? Livera spoke to the fact that a full government ban on Bitcoin would make people aware of the fact […]
Bitmain-Backed Japanese Crypto Exchange Liquid Readies US Launch
By CCN: Liquid, a Bitmain-backed Japanese cryptocurrency platform operated by Singaporean crypto exchange Quoine, plans to expand into the United States. Liquid hopes to on-board U.S. clients by January 2020. In an April 29 statement, Liquid said it partnered with a consortium of crypto and fintech investors called Virtual Currency Partners (VCP). The two entities […]
‘Satoshi Nakamoto’ is Mining Over 40% of Bitcoin Cash, Sparking Fears of 51% Attack
By CCN.com: According to blockchain data and CCN/Hacked reporter Greg Thomson, an anonymous miner who embeds the words “Satoshi Nakamoto” into all of the blocks they mine currently controls more than 40% of Bitcoin Cash’s hashrate. Satoshi Nakamoto is killing it in Bitcoin Cash mining There are multiple running theories as to the intent behind […]