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  1. In June, Galveston County (Texas) discovered that it had paid over $525,000 to someone it didn’t owe money to, a scam artist posing as a representative of a firm doing work for the county. The author contends this would be nearly impossible in a system of smart contracts described herein. The scammer used social engineering

    The post Op-Ed: Defrauded Municipalities Demonstrate Use Case For Smart Contracts appeared first on CCN

  2. Robinhood launched its 3% interest “checking and savings” accounts last week. With 3% well over the average rate offered by conventional banks and some key differentials in the insurance that protects investors in Robinhood’s new products, U.S banking organizations are speaking out. The new accounts from the trading platform, at first glance, appear to be

    The post Bankers Raise Concerns Over Robinhood’s New Saving Accounts appeared first on CCN

  3. CCN previously reported on the arrest and murky background of Jared Rice, Sr., the “CEO” of the AriseBank ICO scheme which saw him lining his pockets and paying personal expenses out of raised funds in the extreme. Yesterday afternoon, the SEC announced that it had reached a settlement with Rice as regards its part of

    The post AriseBank CEO Settles SEC Charges appeared first on CCN

  4. A DuPage County, Illinois judge has ruled that a woman charged with paying $10,000 in bitcoin for a Dark Web hitman to have her former lover’s wife killed must continue wearing a GPS monitoring device as the case goes on. 32 year-old Tina Jones of Des Plaines, Illinois has been arraigned on four counts of solicitation

    The post Court: Dark Web Bitcoin Murder-For-Hire Suspect Remains Under GPS Monitoring appeared first on CCN

  5. A year ago today, Bitcoin peaked at $19,511. Former International Monetary Fund economist and Pharo Senior Risk Trader Mark Dow made an unpopular bet not long thereafter: Bitcoin would not sustain its growth and the price would slip from there. He entered a short position and rode his intuition all the way to the bank,

    The post The Big Short: Former IMF Economist Finally Closes Year-Old Bitcoin Short appeared first on CCN

  6. In a slew of additions and developments, and not unexpectedly, Coinbase has added four more Ethereum tokens. Dai (DAI), Golem (GNT), Maker (MKR), and Zilliqa (ZIL) will be added to the Coinbase Professional platform but with some regional restrictions. GNT and DAI will be available in the US, but not New York, in the UK,

    The post Coinbase Pro Adds Another Four Ethereum Tokens Including DAI appeared first on CCN

  7. A report based on the analysis conducted by a blockchain working group that was appointed earlier this year has been adopted by the collective head of state and government of Switzerland, the Federal Council. Among other things the report has concluded that the legal framework of Switzerland can handle new technologies such as blockchain with

    The post Swiss Federal Council Opts for Minimal Regulation appeared first on CCN

  8. Wanchain and Loopring today announced that Loopring, a protocol atop which decentralized exchanges trading platforms can be built, is live on the Wanchain network. Decentralized trading platforms took a hit earlier this year when Zachary Coburn of EtherDelta was charged with offering unregistered securities. The exchange was by and large considered decentralized because all trades

    The post Wanchain 3.0 Adds Loopring Enabling On-Chain Decentralized Trading appeared first on CCN

  9. Binance Labs recently announced the launch of eight projects which have been incubated over the course of the last few months. The San Francisco chapter of Binance Labs ended its ten-week Incubation Program which focused on providing guidance, mentorship, and resources to each project. Over 500 project teams applied for the program, and after an intensive review

    The post Binance Labs Launches 8 Blockchain Startups appeared first on CCN

  10. Bitcoin price on Tuesday reached a session high on Coinbase at $3,586 but remained in the fears of a potential reversal action overall. Ahead of the US session so far, bitcoin’s opening and closing positions today have remained very close to one another, as indicated by the small candlestick. Called a Doji candlestick formation, this

    The post Bull Gone: Bitcoin Price Forming Doji to Signal Potential Trend Reversal appeared first on CCN

  11. An investigative report by Bloomberg News has revealed that Tether makes a substantial amount of interest on its US Dollar reserves. The US Dollar reserves are kept in banks across several jurisdictions including Canada, the Bahamas and Puerto Rico. According to bank statements seen by Bloomberg, Tether earned at least $6.6 million in interest between January 2018

    The post Stablecoin Company Tether Ltd. Made $6.6 Million in Interest from January to July 2018, Report Does Not Confirm Full Cash Reserves appeared first on CCN

  12. Renowned game maker Atari Inc. announced a license agreement with Animoca Brands Limited, a subsidiary of Animoca Brands Corporation Limited, giving it the rights to produce and publish blockchain versions of the famed Atari mobile game titles Roller Coaster Tycoon Touch and Goon Squad in most territories around the world – excluding Hong Kong, China,

    The post Atari Partners With Startup to Make Blockchain Versions of Popular Titles like Roller Coaster Tycoon appeared first on CCN