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US: Acting AG Backed Alleged ‘Invention-Promotion Scam’ Touting ‘Time Travel’ Crypto

Acting U.S. attorney general Matthew G. Whitaker is being scrutinized for putting his weight behind an alleged scam that touted a pseudo time travel crypto, among other inventions. Acting U.S. attorney general (AG) Matthew G. Whitaker has come under fire for his association with an allegedly fraudulent patent company that involved cryptocurrency, U.S. news journal MotherJones reported Nov. 14. Whitaker, a Trump loyalist, was appointed by the U.S. president to replace former attorney general Jeff Sessions Nov. 7. Among other controversies, Whitaker is now being scrutinized for his involvement with “World Patent Marketing,” an alleged scam that marketed sundry outlandish products from aspiring inventors, including a “theoretical time travel commodity tied directly to price of Bitcoin.” As MotherJones reports, the marketed products also included a bespoke “masculine toilet” for “well-endowed men.” The crypto-related product, which reportedly never came to fruition, was dubbed Time Travel..

‘World’s Most Bulletproof Crypto’: Company to Create a Coin Backed by...

sponsored This new coin can be used for online payments or money transfer services like PayPal. A Swiss company, Alprockz AG, has developed the cryptocurrency ROCKZ, and says it is the first coin paired to one of the most stable fiat currencies in the world — the Swiss Franc (CHF). According to the company, it has already partnered with Geneva Swiss Bank - GSbanque. The team calls the product “the most reliable and predictable crypto cash”, and claims they created the “world’s most bulletproof cryptocurrency.” The new coin can be used for money transfers, storing assets and for online payment methods like PayPal. CHF as a worth guaranteeAlprockz AG decided to connect their digital asset with the traditional economy. Because of this decision, it offers their new Ethereum blockchain-based platform and cryptocurrency ROCKZ (RKZ), which will be backed by the Swiss national currency, the Franc ($0.99) at the rate of 1:1. The company has also developed a platform to exchange and store ROCK..

Bitcoin Cash Spikes 20 Percent in the Wake of Upcoming Hard...

Bitcoin Cash has spiked 20 percent in the wake of an upcoming hard fork supported by now-second largest exchange Binance. Sunday, Nov. 4: crypto markets have seen a lot movement today, with most of the top 20 coins by market cap seeing significant growth, and with Bitcoin Cash (BCH) spiking almost 21 percent by press time. Market visualization from Coin360 Bitcoin Cash, the fourth top cryptocurrency by market capitalization, has grown sharply from $473 at the beginning of the day to as high as $573 as of press time, which is the highest trading point of the cryptocurrency over the past month. Trading around $420 for the most part of the week, Bitcoin Cash started this upward trend on Nov. 2. The fourth top coin is up around 30 percent over the past 7 days in the wake of the now-second largest global crypto trading platform Binance recent announcement of support for Bitcoin Cash’s upcoming hard fork. Bitcoin Cash 7-day price chart. Source: CoinMarketCap Bitcoin Price Index While most..

WHISKY TOKEN Starts an Asset-Backed Crypto Revolution- ICO Launches December 1st

Advertisement This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Unique combination of crypto technology and Whisky tradition Since the inception of Bitcoin a decade ago, we have seen the cryptocurrency and blockchain industry evolve beyond anything anyone could have imagined. From healthcare to education, voting to finance, it seems that there is no stone left unturned when it comes to sectors that this technology has infiltrated. But the march of blockchain and crypto is not just limited to industry and business, it has also found its way into leisure and retail investment sectors as well. When it comes to Whisky, anyone with any interest in the industry will tell you that prices are rising. Scotch, Irish, Bourbon, or Japanese, bottles are purchased and stored as units of value until a good profit can be made by reselling them. With prices of high-end and highl..

BitMart Lists Goldman Sachs-Backed Stablecoin USD Coin (USDC)

Advertisement This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. BitMart Exchange, a premier global digital asset trading platform, recently announced the listing of USD Coin (USDC), a dollar-backed stablecoin that is issued by the cryptocurrency finance firm – Circle. By listing a safe and transparent tokenized fiat currency, BitMart is ready to embrace a more open crypto-powered financial system. USDC is the first stablecoin supported by Coinbase; the underlying technology behind it was developed collaboratively between Coinbase and Circle. It is a blockchain-based digital dollar where each token is strictly pegged 1:1 to the U.S. dollar. This means the coin can be ..

New Zealand Gov’t-Backed Institute Issues Grant to Crypto Wallet and Trading...

New Zealand government-backed innovation institute Callaghan Innovation issued a grant for $330,000 to a domestic crypto wallet and trading service. New Zealand’s state-backed innovation institute Callaghan Innovation awarded a $330,000 grant to a local crypto wallet and trading service, according to a press release published Tuesday, Oct. 30. Callaghan Innovation issued an “R&D Project Grant” to local crypto wallet and trading platform Vimba, a rebranded version of former MyCryptoSaver. Following the grant, the crypto startup is reportedly set to expand its offerings, as well as to list more cryptocurrencies and enable multi-signature crypto wallets. R&D Project Grants are a type of co-funding for a research and development project. A Callaghan Innovation spokesperson told Cointelegraph that the grants fund up to 40 percent of a project, and that 355 such grants were approved during the last fiscal year. Founded in 2014 as MyBitcoinSaver, Auckland-based Vimba platform offers New Zeal..

New Ethereum-Based Token to Be Backed by Bitcoin

U.S. blockchain security and crypto wallet firm BitGo announced the development of ERC-20 token Wrapped Bitcoin, which will be fully backed 1:1 with bitcoins U.S. crypto wallet and blockchain security firm BitGo has announced the development of an Ethereum (ETH)-based coin backed 1:1 with Bitcoin (BTC), according to an official blog post Friday, Oct. 26. The announcement reads that Wrapped Bitcoin will provide users with a “wide variety of new decentralized use cases including on decentralized exchanges (DEXs), as collateral for stable coins or lending, for payments and flexible smart contracts within the Ethereum ecosystem.” Major decentralized projects like Kyber Network, Gnosis, MakerDAO, and others will power the launch of the new ERC-20 coin’s first major use cases in January 2019, according to the announcement. Describing the upcoming coin as a “transformational community effort,” BitGo claimed that the new token will bring the “stability and value” of major cryptocurrency Bitco..

In Midst of Crypto Market’s Confidence Crisis, GGC Launches Gold-Backed Hedge...

Advertisement This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. The ICC Gold-Backed Hedge Coin According to the statistics from CoinMarketCap, as of August 2018, the market value of global cryptocurrency has evaporated nearly 75%, whereas a bear market in the cryptocurrency sector has not yet come to an end. In a turbulent market like this, token holders are most afraid of reoccurring credential issues in ICO as well as the dramatic volatility in cryptocurrency prices. In this regard, what token holders currently call for is perhaps not new cryptocurrencies, but a hedge coin in the sector. Under such backdrop, GramGold Coin Collaboration (GGCC) skipped the controvers..

North Korea Allegedly Backed Two Cryptocurrency Scams This Year

North Korea has allegedly backed at least two scam coins this year, according to a recent report by a U.S. security firm. According to a new report from U.S.-based security firm Recorded Future published on Oct. 25, the North Korean government has sponsored at least two scam coins. In the report entitled “Shifting Patterns in Internet Use Reveal Adaptable and Innovative North Korean Ruling Elite,” Recorded Future’s research team Insikt Group mentions two alleged altcoin scams tied to North Korea. The first scam coin allegedly backed by North Korea is called Interstellar coin, and was found by Insikt Group in June 2018. The coin has reportedly been rebranded a number of times, going by various names such as HOLD, HUZU, or Stellar. The latter should not be confused with the XLM token. According to the report, the HOLD coin has been listed and delisted on a series of crypto exchanges, eventually defrauding investors in a scam staking scheme. The second scam coin dubbed Marine Chain coin ..

Fifth Largest Crypto Exchange Huobi Lists Four USD-Backed Stablecoins, Following OKEx

Major crypto exchange Huobi announces the listing of four fiat-backed stablecoins just one day after a similar announcement by OKEx. Another major crypto exchange Huobi has announced the listing of four stablecoins at once, according to an official statement Tuesday, October 16. Starting Friday, Oct. 19, the fifth largest crypto exchange by trading volume will start accepting deposits of four USD-backed stablecoins – Paxos Standard (PAX), TrueUSD (TUSD), USDCoin (USDC), and Gemini Dollar (GUSD). The Huobi Global team noted that the stablecoins are already available on Huobi Wallet, while the launch time and other details are set to be announced at a later time. Huobi also stated that they will release detailed plans for over-the-counter (OTC) trading of the stablecoins on Huobi OTC “soon.” The move from Huobi follows closely on the heels of an almost identical announcement about the listing of the same four stablecoins by the second top crypto exchange by trading volume, OKEx, yesterd..
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