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#NEWS

Blockchain, Ledger Release ‘First-of-Its-Kind’ Cryptocurrency Hardware Wallet

Cryptocurrency web wallet provider Blockchain has struck a deal with hardware wallet producer Ledger to manufacture a custom hardware device that will allow Blockchain users to seamlessly manage their online and offline funds through a single familiar interface.

Unveiled on Thursday, the Blockchain Lockbox, is, according to an announcement, a “first-of-its-kind hardware and software” solution. Leveraging the strengths of both companies, the Lockbox will provide Blockchain users with a way to move a portion of their funds offline, further securing them from hacks, while also having the option to leave funds in the firm’s non-custodial web wallet, which can be accessed apart from the hardware device.

“The Lockbox is a reflection of what our companies both do best. We’ve created an elegant software and hardware integration that offers more functionality than previously existed in our space. We’re thrilled to offer the Lockbox to Blockchain users so they can easily manage their funds online and offline seamlessly,” said Peter Smith, CEO and co-founder of Blockchain.

Full article:
https://www.ccn.com/blockchain-ledger-release-first-of-its-kind-cryptocurrency-hardware-wallet/
#NEWS

Bank of Canada Estimates 5% of Canadians Own Bitcoin

Data from the Bank of Canada and the Ontario Securities Commission has revealed that bitcoin adoption and general crypto awareness in Canada is growing steadily, with the percentage of Canadian poll respondents who own bitcoin rising from 2.9 percent in 2016 to 5 percent in 2017.

According to a recently released report by the Bank of Canada titled “Bitcoin Awareness and Usage inCanada: An Update,” Canadians between the ages of 45 and 54 were the group that reported the largest growth in bitcoin ownership over the period, multiplying nearly four times from 0.9 percent in 2016 to 3.5 percent in 2017. Similarly, an OSC report shows that about 1 in 10 Ontarians either currently hold or used to hold cryptoassets.

Full article:
https://www.ccn.com/bank-of-canada-estimates-5-of-canadians-own-bitcoin/
#NEWS

Newsflash: CNBC’s CryptoTrader Claims Coinbase is Preparing for an IPO

CNBC’s Ryan NeuNer, who hosts CryptoTrader, has promised to release details on the anticipated Coinbase Initial Public Offering.

CNBC previously reported that Coinbase was likely to take the “most obvious path” and become a public company.

According to screencaps published along with the tweet, Coinbase has approximately 25 million users, around 600,000 of whom trade monthly. Coinbase earned almost half a billion dollars last year, 80% of which was from consumers. The firm’s recent announcement that it had been approved as an independent custodian in New York will likely only improve its revenues.

The IPO prospects of Coinbase are interesting. It will be one of the first major stock symbols to be directly tied to the value and performance of crypto assets, in that the performance of the company very much relies on the health of the crypto economy. At the same time, it raises the question as to why investors wouldn’t simply invest in the currencies themselves as opposed to investing in one of a host of companies who facilitate acquisition, stewardship, and trading of such currencies.

Full article:
https://www.ccn.com/newsflash-cnbcs-cryptotrader-claims-coinbase-is-preparing-for-an-ipo/
#NEWS

Canada’s Indigenous Tribes’ Organization Extorted for C$20,000 in Bitcoim

An organization representing indigenous tribes in Canada recently paid a ransom in bitcoin worth thousands of dollars in order to regain access to computer files that had been encrypted by a hacker.

According to the Canadian Broadcasting Corporation (CBC), over C$20,000 worth of bitcoin was paid out by the Federation of Sovereign Indigenous Nations (FSIN) to an anonymous hacker who had breached the organization’s computer systems. FSIN, which represents 74 First Nations in the Canadian province of Saskatchewan, was reportedly first contacted five months ago when the hacker emailed a staff member demanding to be paid bitcoin worth over C$100,000 in order to allow access to encrypted files.

Full article:
https://www.ccn.com/canadas-indigenous-tribes-organization-extorted-for-c20000-in-bitcoim/
#NEWS

Stock Market Plunges But Has No Impact on Crypto: No Correlation?

This week, the US stock market deleted all of its gains made in 2018 amidst a major sell-off. The crash had no impact on the crypto market, showing no signs of inverse correlation.

Possibly affected by the trade war between China and the US along with the increase in Fed rates, the US stock market suffered one of its worst short-term crashes in recent history.

Analysts stated that Asia markets are more vulnerable than the US if the stock market crash of the US is to intensify, given the gradual decline in the growth rate of China’s economy.

“Then, there are worries about what’s happening abroad. China, the world’s second-biggest economy, is showing slower growth. Last week, it reported economic growth of 6.5 percent in the third quarter, falling short of expectations. And it has been drawn into a trade dispute with the U.S., with each side digging in on tariffs on billions of dollars of each other’s imports,” CNBC investing editor reported.

Full article:
https://www.ccn.com/stock-market-plunges-but-has-no-impact-on-crypto-no-correlation/
#NEWS

Ripple Cofounder Chris Larsen at Money2020 FinTech Conference: ‘Silicon Valley Has Missed the Boat’

Ripple co-founder Chris Larsen sat down for a discussion on the cryptocurrency space and creating an internet of value with Arjan Schütte, the Founder and Managing Partner of Core Innovation Capital, for the keynote of this year’s Money2020 FinTech conference. During the talk, Larsen shared his views on Silicon Valley, disruption in the financial technology space, and regulation.

Full article:
https://cryptoslate.com/ripple-cofounder-chris-larsen-at-money2020-fintech-conference-silicon-valley-has-missed-the-boat/
#NEWS

Zcoin Gives ASICs the Boot with Merkle Tree Proofs

In a direct challenge to the type of industrial-grade efforts that have transformed once-lone cryptocurrency miners into multi-billion-dollar oligarchies, Zcoin has held itself up as the first cryptocurrency to “democratize” mining using Merkle Tree Proofs, a PoW algorithm for ASIC-resistance.

According to the team behind the zero-knowledge proof privacy coin, Zcoin’s newfangled feature sticks it to centralized mining farms and purportedly “levels the playing field” for miners of their Zerocoin protocol-based cryptocurrency, a press release stated.

Full article:
https://cryptoslate.com/zcoin-gives-asics-the-boot-with-merkle-tree-proofs/
#MenaPay

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#BCB

Our BLOCKCHAIN Meet Up is this Wednesday the 21st of November in Central London please register HERE:
https://bit.ly/2CTd1Xi 

#Bitcoin #crypto #btc #blockchain #BitcoinATM #cryptocurrency #ethereum#News #ICO #London #Meetup #LondonMeetUp #Bitcoincash
#MenaPay

So why is #publicrelations super important for the #ICO 's? Here are some great tips for you get more #investments and #customers for your ICO in the #blockchain industry: https://bit.ly/2SjBQAf

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#MenaPay

So why is #publicrelations super important for the #ICO 's? Here are some great tips for you get more #investments and #customers for your ICO in the #blockchain industry: https://bit.ly/2SjBQAf

#crypto #cryptocurrency #trending #article #news #marketing #sales #btc #bitcoin