Twitter Rubbishes Libra Co-Creator’s Crypto-Fiat Pledge – CCN.com

David Marcus, CEO of Facebook’s Calibra digital wallet service would rather have the Libra Association take the lead, if only to avoid Congressional hearings. | Source: AP Photo/Andrew Harnik An attempt by the co-creator of Facebook’s cryptocurrency to “debunk” the notion that Libra will not threaten the sovereignty of nations has been greeted with skepticism …

Coinbase Quietly Settles $1.1 Million Bitcoin Theft Case

The U.K. arm of cryptocurrency exchange Coinbase has reached a settlement with a digital asset fund manager whose stolen bitcoin worth over a million dollars was transferred to the exchange. According to Law360, Coinbase U.K. struck a deal with the CEO of Alphabit Liam Robertson to discontinue the legal dispute that had been raging for …

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 …

Hurricane Dorian Relief Effort Enlists an Unlikely Ally: Bitcoin – CCN Markets

The Hurricane Dorian relief effort has teamed up with an unlikely ally in the Bahamas: Bitcoin, along with a helping hand from Coinbase. | Source: Wikimedia Commons (i), AP Photo / Gillian Flaccus (ii). Image Edited by CCN. The Hurricane Dorian relief effort has teamed up with an unlikely ally to help the Bahamas recover …

Are VanEck ‘ETF’ and Bakkt Catalysts to Take Bitcoin to 2019 High Again?

VanEck and SolidX are reportedly selling a “limited version” of a bitcoin ETF after every BTC ETF proposal has been rejected by the SEC. | Source: Shutterstock Primarily targeting institutional investors, VanEck and SolidX are reportedly selling a “limited version” of a bitcoin exchange-traded fund (ETF) after every bitcoin ETF proposal has been rejected by …

Crypto Fever Plummets 14% in Japan Amid Bitcoin Exchange Sweeps – CCN Markets

Interest in cryptocurrencies like bitcoin tumbled 13.9% in Japan in the latest quarter, according to Japan’s financial regulator, the FSA. | Source: Shutterstock Interest in cryptocurrencies like bitcoin tumbled 13.9% in Japan, according to the country’s financial regulator. In data posted Sept. 3, the Financial Services Agency (FSA) says the volume of crypto-related inquiries fell …

Craig Wright to Challenge Court Ruling in $10 Billion Bitcoin Lawsuit – CCN Markets

Self-proclaimed bitcoin inventor Craig Wright plans to challenge judge Bruce Reinhart’s ruling that knocked down his affirmative defenses. | Source: (i) YouTube (ii) REUTERS / Dado Ruvic / Illustration / File Photo; Edited by CCN Self-proclaimed bitcoin inventor Craig Wright plans to challenge the recent ruling against him in the $10 billion lawsuit filed by …

Crypto Investors Have Little to Grin About with This Coin trading Near All-Time Low – CCN Markets

Privacy coin Grin is taking it on the chin lately, along with many other altcoins in the cryptocurrency market. Grin investors have more to frown about these days, with the coin currently trading at $2.22, near an all-time low since the coin was launched in January 2019, based on CoinMarketCap data. But fundamentals appear to …

Facebook Still Sweating After Maxine Waters Meets Swiss Libra Regulators – CCN Markets

By CCN Markets: Facebook’s cryptocurrency project Libra still has more work to do in order to win over the U.S. Congress. According to the chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, a meeting with the Swiss government officials who will regulate Libra Association over the weekend did not allay her concerns. …

Crypto-Obsessed AI Gets Drunk, Claims Ripple Surged to $9

By CCN Markets: With all this talk about bitcoin, you might be surprised to learn that the ripple price quietly executed the most spectacular single-day rally in the crypto industry’s history. The rally was so quiet, in fact, that it was ignored by every crypto price tracker, news blog, and armchair analyst. Except one. Report: …