US$930 Million in Crypto Stolen in First 3 Quarters, Report Says

Cryptocurrency theft has reached a staggering near US$ 930 million so far this year, a report from CipherTrace Cryptocurrency Intelligence has revealed. The report claims that while cryptocurrency theft from exchanges and platform layers continue posing problems, it is at a “slightly evolved form” from the firm’s Q2 report. CipherTrace said in its Q2 report, […]

Crypto News: EOS Surges and Ripple Exec Says He isn’t Phased by Bull Market

In today’s edition of crypto news, we’ll cover why EOS is surging and the details behind why a Ripple executive isn’t phased by the current crypto bear market. EOS Surges as Other Coins Fall EOS is currently leading the top 40 cryptocurrencies for total market gains this weekend. The world’s seventh-largest cryptocurrency project has received a […]

Columbus Says Use of Cyanide in Gold Mining Not Banned by EU

Following inquiries from shareholders and stakeholders over cyanide use in gold being banned by the European Union (EU), Columbus Gold (TSX:CGT,OTCQX:CGTFF) has clarified that there is currently no EU ban on the chemical.  On Tuesday (November 21), the miner issued a press release stating that there is nothing stopping it from using cyanide at its […]

Cryptocurrencies are a “Big Deal,” Says KPMG Report

Despite the woes most digital currencies have faced in 2018, KPMG, one of the “Big Four” accounting firms, issued a report on November 15 highlighting the potential cryptoassets have. Called the “Institutionalization of Cryptoassets,” the firm says that digital assets have huge potential to “revolutionize the financial sector” — but not without interest from institutional […]

Indian Firms are “Over Confident” About Cybersecurity, Report Says

Indian companies are “overly confident” in their cybersecurity preparedness despite having limited cybersecurity tools at their disposal, says a report from Fico (NYSE:FICO), released on Thursday (October 18). The report says 88 percent of Indian firms disclosed they are better prepared than their competitors, while 80 percent believe the overall cyberthreat and data breach in […]

Cannabis Shortage Won’t be Fixed with New Licenses, Says CEO

LEGALIZATION COVERAGE Canada’s decision to legalize the recreational use of cannabis has allowed the rise of an emerging investment market. The cannabis public sector has become one of the most followed industries for investors.  As such, the Investing News Network brings investors a collection of stories on the critical transition and its impact on the […]

Setback Potential for Investors After Legalization, ETF Exec Says

LEGALIZATION COVERAGE Canada’s decision to legalize the recreational use of cannabis has allowed the rise of an emerging investment market. The cannabis public sector has become one of the most followed industries for investors.  As such, the Investing News Network brings investors a collection of stories on the critical transition and its impact on the […]

Mining Industry is “Starved for Capital,” Says Franco-Nevada CEO

It’s been an underwhelming year for gold, but David Harquail, CEO of Franco-Nevada (TSX:FNV,NYSE:FNV), sees better times ahead for the yellow metal. “It’s been a tough environment for gold. We’ve had almost every headwind possible with the US dollar, higher interest rates, tariff barriers and some issues at various projects,” he said at the recent Denver […]

Coinbase Japan: Exec Says Crypto Crackdown in Country is a Good Thing

Major US cryptocurrency exchange Coinbase said Japan’s tighter regulations towards cryptocurrency would give it an advantage, signaling the company’s confidence in securing the regulatory approval for Coinbase Japan. Japan has been long considered a crypto friendly country, compared to its neighbor China. The country has had a large pool of retail investors interested in blockchain […]

Is Ripple Becoming the Microsoft of Crypto? One CEO Says Yes

Aside from a dozen lawsuits and a few XRP price drops, Ripple has had quite the year. And big things continue to stir. One CEO has even likened Ripple to Microsoft. But is that an accurate comparison? Ripple and Microsoft: Two Peas in a Pod? This week, we’ve seen a few headlines about the company […]

Brace for More Sideways Gold Movement, Says This CEO

The gold price has traded between about $ 1,200 and $ 1,350 per ounce this year, and one CEO says market participants may want to get used to these levels.  “If you look at the 1980s, gold spent 10 years going sideways,” Ian Ball, president and CEO of Abitibi Royalties (TSXV:RZZ), said via phone. “It seems […]

Keep Your Money Separate from Your Spouse says Wall Street Veteran

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Is the Narrative of the Crypto Industry Changing? Ripple Exec. Says Yes

Cory Johnson said it first. Ripple and XRP are not the same things; XRP is not a security. And yet, the San Francisco-based company often finds itself repeating this information. The latest time came today, Monday, September 17th. Not only did the head of government and regulatory relations at Ripple today bring back the XRP […]

Are Stablecoins Viable? One Berkeley Professor Says No

Stablecoins are becoming popular. There’s no denying it; a number have hit the market this year. In fact, just yesterday, the Winklevoss twins announced the Gemini Dollar—the first-ever regulated stablecoin. Not to mention Carbon launched CarbonUSD, a US dollar backed stablecoin, today. And yet, despite the crypto market displaying optimism around the latest trend in […]

One Bank Says this is the Biggest Risk for Commodities Demand

Scotiabank’s Commodity Price Index fell 0.7 percent month-on-month in July, drawn downward by “weakness in the metals sub-index.”   According to the firm, commodities prices have been pressured by two main factors: a drop in macro sentiment and a stronger US dollar. Base metals have taken the brunt of the damage, but other commodities have also […]

Coinbase Says in 2017 it was Signing up 50,000 New Users Daily

Coinbase, Inc., the largest cryptocurrency exchange in the US, was signing up 50,000 new customers a day last year, says CEO Brian Armstrong. Crypto ‘Bubble’ Armstrong spoke at Bloomberg’s Players Technology Summit in San Francisco on Tuesday. Cryptocurrency had a huge rise last year, more particularly towards the second half of the year, but most […]

Ripple Exec Says Company is Targeting the Large Financial Market in China

Ripple, the third largest cryptocurrency project by its total market cap, confirmed that it is targeting the large Chinese market with its cross-border blockchain payment technology, CNBC reported this morning. Ripple targets China despite China’s anti-cryptocurrency reputation? Here’s why. Ripple Targets China Jeremy Light, VP of European Union Strategic accounts at Ripple, had a phone […]

Crypto Retirement Funds Pose Too Much Risk, Says SEC: Don’t Do It

If you were planning on using Bitcoin to retire, you might want to think again. Why? Well, because the SEC has recently warned against cryptocurrency retirement funds. Here’s why. Cryptocurrency Retirement Funds As people approach retirement, many are nervous about where they are sitting financially. For these reasons, people are turning to self-directed IRAs, which […]

Is it Game-Over for Bitcoin? This Wall Street Analyst Says Yes

Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer. Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news […]

Nevsun Says Not So Fast: Board Rejects Hostile Lundin Bid

The leadership of Canadian company Nevsun Resources (TSX:NSU) has come back with a verdict on the hostile takeover bid from compatriot Lundin Mining (TSX:LUN) revealed on July 26, rejecting the C$ 4.75 per share offer and taking the opportunity to announce a full strategic review. “Nevsun’s board recommends that shareholders REJECT the hostile bid and […]

Is Bitcoin Broken? Tom Lee Says Bitcoin Misery Index Indicates No

Tom Lee has always remained optimistic about Bitcoin. True, the Tom Lee Bitcoin price target did change from $ 25 thousand to $ 20 thousand last month, but the Fundstrat co-founder is still confident. In fact, Lee remains confident because of what the Fundstrat Bitcoin Misery Index is indicating. Fundstrat Bitcoin Misery Index: BTC is […]

Risky Business: Lobo Tiggre Says Investors Have Nowhere to Hide

In part 3 of INN’s series on risk, we spoke with independent speculator Lobo Tiggre, also known as Louis James. So far, Rick Rule has said all jurisdictions are risky because of greedy politicians, and Jayant Bhandari has said that countries with more substantial legal and government systems in place are more predictable, and therefore […]

Trump Says OK to Task Force Created to Aid with Crypto Fraud

Trump crypto fraud task force: Earlier this year, the United States government revealed that it was looking at cryptocurrencies, with a particular focus on market fraud, and that it was developing a “comprehensive” strategy around virtual currencies. Now in the second half of the year, the US government is diving even further into the crypto […]

Phase Two of Ethereum (ETH) is Coming Soon, Says Joe Lubin

Ethereum phase two: Co-founder of Ethereum (ETH), Joseph Lubin, just made a big announcement about the world’s second largest blockchain ecosystem. He spoke at the Rise conference yesterday in Hong Kong and revealed that the first layer of the Ethereum ecosystem is now complete and phase two should be finalized sometime this year. Lubin states that […]