Wikipedia Temporarily Taken Down by DDoS Cyberattack – CCN Markets

Wikipedia had fallen victim to a cyberattack today, with the Wikimedia Foundation calling it a distributed denial-of-service (DDoS) attack. | Source: Shutterstock Wikipedia had fallen victim to a cyberattack today, with the foundation behind the free online encyclopedia calling it a distributed denial-of-service (DDoS) attack. The volunteer-run website was unavailable in multiple countries. Most affected …

Bakkt Is Finally Taking Bitcoin Deposits, but You Wouldn’t Know It – CCN Markets

Bakkt picked a tough day to begin securing assets, but it’s still been on bitcoin’s highlight reel in 2019. | Source: Shutterstock Bakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community’s collective heads. Today the bitcoin futures exchange made one giant …

Experts Weigh In on This Week’s 10% Bitcoin Price Spike – CCN Markets

Bitcoin price has gained this week but what’s behind the move? | Source: Shutterstock This week brought a small reprisal for bitcoin price and the broader cryptocurrency market as it witnessed $20 billion added to its total market cap by late Tuesday. This was also reflected by an approximate 10% gain for BTC alone; so …

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

Burundi’s central bank has enforced an outright ban on crypto trading. | Source: Shutterstock 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 …

Dow Futures Explode Higher as Hong Kong Bows to Protestors – CCN Markets

In a move to appease protesters, Hong Kong is reportedly set to formally withdraw the China Extraditions Bill. Hong Kong shares spiked after the news. | Source: Photo by Lillian SUWANRUMPHA / AFP Dow Jones Industrial Average (DJIA) futures climbed 200 points higher in early trading Wednesday. Optimism returned to the market as Hong Kong …

Dutch Central Bank’s Onerous Rules Put Crypto Players in Crosshairs – CCN Markets

The Dutch Central Bank is putting crypto companies on notice, saying it will even include their shareholders under its microscope. | Source: Shutterstock The Dutch central bank has run out of patience with the crypto space. The De Nederlandsche Bank (DNB) put certain players on notice that they have until 2020 to register. That’s when …

Amazon’s Secretive Crypto is Facebook Libra’s Biggest Threat: Report – CCN Markets

Facebook’s much-publicized and criticized crypto ‘Libra’ will see competition by one of the world’s biggest tech companies, Amazon, a report has claimed. | Source: Shutterstock; edited by CCN. Since Facebook announced the Libra cryptocurrency, a couple of other similar projects have been unveiled with all of them being dubbed potential ‘Libra-killers’. They include Venus, an …

Bitcoin Price Premium Surpasses $1,000 in Argentina amid Currency Controls – CCN Markets

A bitcoin price premium has developed in Argentina as the government imposed currency controls in a bid to support the peso. | Source: Shutterstock Argentina’s decision to impose currency controls has had a bullish effect on bitcoin in the South American country. With demand rising for the cryptocurrency, a bitcoin price premium has subsequently developed. …

Dow Futures Bleed on Labor Day, Extending August Stock Massacre – CCN Markets

Trump’s latest tariffs on China is hurting the Dow which continues to struggle in a losing trend since August. | Source: REUTERS/Brendan McDermid By CCN Markets: US stock markets are closed for Labor Day but the futures market paints a gloomy picture as we move into September. Dow Jones Industrial Average (DJIA) futures trickled lower …