Facebook stock suffered a devastating investor exodus last year, but FB shares held the line and are now poised for a 25% surge. | Source: REUTERS / Dado Ruvic By CCN Markets: Facebook (FB) stock suffered a devastating 2018 amidst controversies that led to a mass investor exodus. In one particularly painful trading session, Facebook …
Chinese crypto exchange Huobi has seen the highest number of withdrawals from the alleged crypto Ponzi scheme PlusToken to date, new research says. Chinese exchanges prevail New York-based blockchain infrastructure firm Elementus released a study on Aug. 23, claiming that the number of PlusToken withdrawals sent to Huobi exchange has accounted for nearly 50% so …
Bitcoin offered the first smart contract programming language the world had ever seen. Script, as this language is called, lets users encode different conditions under which coins can be spent. But while this was a revolutionary concept, it’s not easy to use, especially for more complex spending conditions. Both writing a complex contract as well …
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A Los Angeles man pleaded guilty to running a $25 million Bitcoin (BTC) money laundering scheme and sale of methamphetamine. Possible life sentence News outlet U.S. News reported on Aug. 23 that 25-year-old Kunal Kalra has pleaded guilty to charges including money laundering and distributing methamphetamines. Per the report, he could be sentenced to life …
Left-wing Fortnite streamer HasanAbi has received a ban for saying the US “deserved” 9/11 in a now-deleted Twitch stream. | Source: Hasan Piker/Facebook (i), Epic Games (ii). Image Edited by CCN. By CCN Markets: Hasan “HasanAbi” Piker – a one-time Fortnite streamer with over 120,000 subscribers on Twitch – found himself on the wrong end …
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Showing renewed optimism, Bitmain is increasing its investments in the crypto mining industry. Now, Bitmain is reportedly buying 600,000 new crypto mining chips. As a result of this new investment, the company expects to make over $1 billion in profits. Bitmain to Increase its Capacity By 50% Hash rate The battle to produce fast cryptocurrency …
Cryptocurrency and telecommunications company Telx Technologies announced the launch of the first crypto SIM card wallet that enables transactions via SMS. According to the company’s Medium post published on Aug. 22, the card allows its users to send cryptocurrencies via SMS with their dedicated crypto phone number. Notably, these transactions do not require a smartphone …
According to Messari research, Lionel Messi’s take-home pay would be “12,700 $BTC” annually. Cristiano Ronaldo’s would be 10,000 bitcoins. | Source: REUTERS / Albert Gea By CCN Markets: Russell Okung, who plays for the Los Angeles Chargers in the NFL, has been pushing for the league to pay those multi-million-dollar salaries in bitcoin. You could …