Crypto Markets News 

Bitcoin Price Near $3,400, Wider Crypto Markets See Another Mild Slump

“After growing to as high as $92 per coin yesterday, third largest coin Ethereum (ETH) has again dropped below the $90 price point today” writes Helen Partz for cointelegraph.com. Bitcoin SV (BSV), the coin recently formed in a hard fork of Bitcoin Cash (BCH), is again seeing the most losses among top 20 crypto markets.In May this year, the exchange launched a zero-fee crypto trading app called Bison.At press time, the total market cap amounts to $108.6 billion, while daily crypto trade volume accounts for $10.7 billion.Thursday, Dec. 13: after…

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Crypto News 

Crypto startup AriseBank settles fraud accusations with SEC

“(Reuters) – Cryptocurrency startup AriseBank will pay $2.3 million to the U.S. Securities Exchange Commission (SEC) to settle accusations of defrauding investors through claims such as building a cryptocurrency bank” reports businessinsider.com. The company is one of the first to be sued by U.S. regulators over its initial coin offering. The court had also ordered the freezing of AriseBank’s assets, while approving the appointment of a receiver for those assets tied to the ICO fraud.Earlier this year, the SEC had halted what it alleged was a fraudulent initial coin offering…

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Crypto News 

Twitter users are still poking fun at the way in which Trump launched the coin at the Army-Navy football game.

“President Donald Trump used a bizarre technique to toss the coin before the Army-Navy football game in Philadelphia, and people noticed” writes Trends Editor for huffingtonpost.com. I’ll bet he practiced all week for it! — Stacey (@Staceymoon52) December 10, 2018 Nobody flips coins better than he does.Twitter users poked fun at Trump after he launched the coin at Lincoln Financial Field on Saturday into the air like this: What the hell kind of coin toss is that @realDonaldTrump????? pic.twitter.com/oe4xtnwNvR — Wad (@WadyPhoto) December 8, 2018 “What the hell kind of…

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Crypto News 

Donald Trump mocked for weird coin toss

“President Donald Trump used a bizarre technique to toss the coin before the Army-Navy football game in Philadelphia, and people noticed” writes Aol Staff for aol.com. Twitter users poked fun at Trump after he launched the coin at Lincoln Financial Field on Saturday into the air like this: “What the hell kind of coin toss is that @realdonaldtrump?????” asked @WadyPhoto, whose video of the televised incident had by early Tuesday garnered more than 1.6 million views. Source: aol.com Share This:

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Crypto News 

Japanese Exchange GMO Coin Set to Resume Bitcoin Cash Trading on ABC’s Chain

“GMO Coin, a Japanese cryptocurrency exchange, has resumed Bitcoin Cash (BCH) trading with the BCHABC blockchain, Finance Magnates (FM) reports Dec. 3” writes Adrian Zmudzinski for cointelegraph.com. Finance Magnates writes that they “reached out to the company to enquire which of the two versions of Bitcoin Cash” the exchange will be listing.The spokesperson is quoted as answering “in our company, the one shown as BCH indicates a Bitcoin Cash called BCHABC.” As Cointelegraph recently reported, it has been over a week since the Bitcoin Cash blockchain has split in two.…

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Crypto News 

Crypto start-ups hit by layoffs as falling prices bite

“Steemit, a blogging website funded by Steem, the digital coin, announced it planned to lay off 70pc of its team after its digital coin fell 96pc from its all time high in January” writes James Titcomb for telegraph.co.uk. Other digital coins, many of which have been used as funding tools for cryptocurrency start-ups, have suffered similar declines.Cryptocurrency start-ups have been laying off large swathes of their workforces as the Bitcoin crash hits fledgling businesses.SpankChain, a coin designed to fund an adult entertainment service, said it had cut its team from around…

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Crypto News 

Bitcoin lived through a cruel November, losing over 37% of its value

“Meanwhile, November became the worst month for Bitcoin in the past seven years” writes Fx Street for forexcrunch.com. In terms of percentage loss, it’s the worst result since August 2011, when the coin dropped from $8 to $4.80.The coin dropped from $6,361 on November 1 to $3,865 on November 30 and thus lost nearly $2,500 of its value in a month.Bitcoin is hovering below $4,000 handle as bearish sentiments have gripped the cryptocurrency market on Monday. Source: forexcrunch.com Share This:

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Crypto News 

Facebook Fraudsters Use the Promise of Crypto to Scam Victims out of Their Fiat

“Facebook is the latest social media network chosen as a crypto scamming conduit” writes Nikita Blows for livebitcoinnews.com. Here, victims part with their personal data and are then eventually sent to fake crypto exchanges, two of which have been identified as Bulgaria-based Roiteks and CoinPro Exchange.However, some wily fraudsters have managed to sneak through processes and place a fake sponsored ad on Facebook.Now, according to The Next Web, it seems as if Facebook is getting its turn in the scamming spotlight. Source: livebitcoinnews.com Share This:

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Crypto News 

Coinbase Pro says it is adding Zcash to its professional trading platform in the US, UK, European Union, Canada, Singapore, and Australia

“Crypto exchange Coinbase Pro is adding privacy coin zcash to its listings” reports coindesk.com. The platform announced Thursday that customers can transfer zcash into its professional trading platform, though as with previous additions, users can not yet purchase the token until the exchange has established enough liquidity.The exchange did not announce when coinbase.com or mobile app users would be able to begin trading the cryptocurrency. The coin has accumulated $155 million in 24-hour trading volume across exchanges, according to data from CoinMarketCap. Source: coindesk.com Share This:

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