Top GOP Congressman Defies Trump, Says ‘I Like Bitcoin’

One of Donald Trump’s top allies in Congress has diverged from the president on what has suddenly become one of the federal government’s top priorities: bitcoin. Kevin McCarthy Is a Bitcoin Fan House Minority Leader Kevin McCarthy told CNBC that unlike Trump, he is a fan of the flagship cryptocurrency and the security of blockchain …

Study Exposes How Russia, Iran, & China Are Weaponizing Crypto

It’s no secret that foes of the United States – including Venezuela, Iran, Russia, and China – are experimenting with cryptocurrency technology as they seek to render their economies immune to crippling US sanctions. However, a new study from the Foundation for Defense of Democracies (FDD) exposes the lengths to which these rogue nations are …

Crypto Trader Screams Bullish Green Bitcoin Price in July

Bitcoin is having a mixed July so far. The price of the flagship cryptocurrency has hit a slump of late after beginning the month on a solid footing thanks to President Trump’s latest tirade and the aspersions being cast on Facebook’s Libra cryptocurrency. But despite the recent dip in bitcoin prices, one trader still believes …

Binance to Burn Over $2.5 Billion of Its BNB Stash. Guess Who Benefits?

Binance yesterday completed its eighth quarterly “burn” of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng “CZ” Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth …

NYC Students Rejoice as Hackers Extort College for $2 Million in Bitcoin

Hackers have successfully breached the network of the New York City-based Monroe College, demanding $2 million in Bitcoin to restore the institution’s encrypted data following a carefully-orchestrated ransomware attack. But while school administrators scramble to address the crisis, students are rejoicing at their unexpected luck. Hackers demand millions in Bitcoin The college – which has …

Trump’s Dislike of Bitcoin Unites and Emboldens Crypto Community

The other shoe has dropped, and the president of the United States doesn’t like bitcoin. While disappointing, it’s not entirely shocking that a man who accumulated his wealth in the real estate market would take issue with a non-sovereign currency. His rejection of the digital currency, however, largely seemed to inspire a collective sigh of …

John McAfee Exposed His Social Security Number to the Entire Internet

“Cybersecurity expert” and noted crypto pumper John McAfee accidentally revealed his Social Security Number this morning, tweeting out some documents that contained the information. CCN has determined it would be unethical to post a screenshot since the anti-virus pioneer has already deleted the tweets, but we retained the link. McAfee later tweeted the same documents, …

Blockstack Paves Way for Blockchain Startup Fundraising with SEC Nod

Blockchain startups have received a dose of clarity on the fundraising landscape, and you can feel the excitement in the air. The U.S. securities regulator has given Blockstack the green light to sell Stacks (STX) tokens in the maiden SEC-approved crypto deal of its kind. The utility token sale will happen via an offshoot of …

Crypto Bull Market Rages, Poloniex Opens Fiat & Credit Card Purchases

The bull market is in the air as digital exchanges roll out new features in anticipation of the influx of new retail traders. Just recently, CEX.io expanded its operations to the U.S. to target dissatisfied Coinbase users. Whereas, Circle-owned Poloniex recently announced that its customers can supercharge their trading experience by allowing them to deposit …

‘It’s the Bottom of the First Inning’ for Bitcoin

Cameron and Tyler Winklevoss have big plans for the crypto exchange, Gemini, not to mention their expectations for bitcoin. In a panel discussion with “Bitcoin Billionaires” author Ben Mezrich and The Wall Street Journal’s Paul Vigna, the Winklevosses discussed bitcoin and the crypto landscape. In what appears to be a packed house, they left no …