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Sportswear manufacturer Nike is getting into the crypto game. Last week, Nike Inc filed an application with the U.S Patent and Trademark Office for the word “cryptokicks.” Details indicate the company has plans to create a new cryptocurrency driven e-com platform. This move represents the culmination of Nike’s direct to consumer business strategy, which was developed to defend its position as the number one footwear brand. RT #CoinTelegraph #Breaking: U.S. sportswear giant Nike has filed a trademark application for the Read more …

As Dream dies and Wall Street exits, a string of new darknet markets (DNMs) has emerged to take their crown. The majority of these have only been operational for a matter of weeks, and have launched at a time when trust in DNMs is running low. The success or failure of these marketplaces will be pivotal in shaping the darknet’s crypto-powered economy in the months to come. Also read: Crescent Cash BCH Wallet Features SLP Token Support for Smartphones Six Read more …

Bitcoin is the reigning champion of cryptocurrency criminals. That’s the conclusion of blockchain analysis firm Chainalysis, which discovered that bitcoin is used in 95% of crypto crimes. This finding isn’t surprising since bitcoin is by far the most popular and widely used of the 2,000 digital currencies around today. Levin: ‘bitcoin is by far the favorite’ of criminals “Bitcoin is by far the favorite,” Jonathan Levin, co-founder of Chainalysis, told Fortune. Interestingly, Levin says bitcoin is preferred over “privacy coins” Read more …

The president of Venezuela has issued an open call for foreign investors to buy up the country’s notorious state-issued cryptocurrency, despite international sanctions. Maduro ‘Welcomes’ Petro Buyers On April 25, Nicolas Maduro stated that overseas cash was needed to shore up Venezuela’s failing economy. He was speaking during a live statement on messaging platform Periscope, following a common trend of issuing directives and policy updates via live media appearances. On this occasion, Maduro issued a plea to anyone willing to Read more …

Following approval from European authorities, Swiss investment firm Final Frontier is partnering with Bitfury Group to launch a regulated bitcoin mining fund for personal and institutional investors. Bitfury announced the partnership on April 24, 2019, describing the project and some of the advantages that this mining fund will offer to investors. According to the Bitfury Medium post, the fund will look to introduce more investors to the difficult-to-access world of bitcoin mining “by offering exposure to bitcoin mining via a Read more …

For some reason or another, many pundits, both in and out of the crypto ecosystem, have likened Bitcoin’s parabolic rally in 2017 to the Dotcom Boom and Bust at the turn of the millennia. Sure, there are similarities, like the fact that both industries were revolutionary, were initially misunderstood and hated, and were rife with bad actors looking only to turn a quick buck. But, one analyst claims that cryptocurrencies and public blockchains are still early on in their development, Read more …

Sensing a rise in crypto-related scams and fraudulent investment schemes, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have issued a joint warning to investors, encouraging them to take a more thorough approach to verifying potential investments in the space. The warning was published on April 24, 2019, by the SEC’s Office of Investor Education and Advocacy and the Office of Customer Education and Outreach at the CFTC. In the notice, the agencies described Read more …

By CCN: Not everyone is convinced that Bitcoin’s highly-touted “golden cross” is a bullish signal for the world’s largest cryptocurrency. Almost 25% of Crypto Investors Believe Golden Cross is Bearish for Bitcoin According to a Twitter survey conducted by crypto bull Thomas Lee, 24% of Crypto Twitter inhabitants believe that the signal, which typically hints at a bull run ahead, is a trap and that it is time to unload some Bitcoin. A golden cross occurs when a 50-day moving Read more …

The Ethereum Name Service (ENS) is undergoing a major upgrade that will introduce a new permanent domain name registrar. This means that ENS’s modestly-sized userbase must migrate their .eth addresses. However, it also means that ENS is getting a number of new features that could attract new users to the service. Streamlined Registration This upgrade will primarily make .eth registration easier than it is right now. ENS notes that the old name registrar was focused on managing high demand and Read more …

@Bitcoin on Twitter has long been mired in controversy, and users are now pressuring Twitter to ban the account. Crypto influencers such as WhalePanda and Hasu originally pushed for the ban, and the campaign has now attracted corporate individuals like Erik Vorhees and Zack Voell. Some polls even show widespread support for a ban: The @bitcoin account should be — Jimmy Song (호들놋) (@jimmysong) April 20, 2019 Bitcoin vs. Bitcoin Cash At the heart of the matter is the fact Read more …

By CCN: 3M stock (MMM) plunged by 11 percent on Thursday after the $112 billion company unveiled disastrous first-quarter earnings, drastically slashed its full-year guidance, and announced that it would hand out pink slips to 2,000 employees as part of a radical restructuring plan. But while analysts will justifiably blame 3M for hamstringing the Dow Jones Industrial Average as it seeks to record its first all-time high since October 2018, the Post-it maker also dealt a significant blow to the Read more …

More than 20 of the crypto market’s biggest traders gathered in January for talks on making digital assets and tokens part of the global financial architecture, according to a Bloomberg report published on April 25. The meeting was reportedly arranged by Standard Chartered executive Hoe Lon Leng — and representatives from Galaxy Digital, Coinbase and Binance were among those said to have attended the talks at a luxury resort in Singapore. Bloomberg reported that the meeting has resulted in plans Read more …