Bitcoin Will Die if These 4 Problems Remain Unsolved: Teen Crypto Millionaire

Bitcoin Will Die if These 4 Problems Remain Unsolved: Teen Crypto Millionaire

TweetShareBy CCN: Teenage bitcoin millionaire Erik Finman has once again thrown himself into the spotlight by claiming that the flagship cryptocurrency ‘will die’ unless the sticky issues it is facing are resolved.Speaking to Yahoo Finance, Finman indicated that the sticky issues plaguing Bitcoin are four. This includes its complexity with regards to use, high transaction…

Instagram Data Breach Reports Prove You Should Skip Facebook’s Crypto

Instagram Data Breach Reports Prove You Should Skip Facebook’s Crypto

TweetShareBy CCN: Another day, another Facebook data leak affecting millions of dubious users. This time around, security researcher Anurag Sen discovered a public Amazon Web Services (AWS) database containing the contact information of more than 49 million Instagram accounts, TechCrunch reports. For those out of the loop, Facebook is the monopolistic owner of Instagram and…

Flexa Co-Founder Semi-Teases Adding Litecoin to Crypto Payment App

Flexa Co-Founder Semi-Teases Adding Litecoin to Crypto Payment App

TweetShareBy CCN: Most of crypto land celebrated when Flexa and Gemini partnered to deliver digital currency-fueled micro-payments to merchants. Spedn will let consumers shop at major stores including Nordstrom and Lowe’s and pay with crypto across bitcoin, ether, Bitcoin Cash, and Gemini Dollar. But one crypto influencer was left out of the celebration – Litecoin…

Ripple Potentially Sped Up XRP Distribution by 21 Years: Crypto Wonks

Ripple Potentially Sped Up XRP Distribution by 21 Years: Crypto Wonks

TweetShareBy CCN: CoinMetrics, a firm that analyzes blockchain data for crypto investors, published a bombshell report this week which tells the story of how Ripple Labs has allegedly misrepresented its escrow system. Ripple has effectively misrepresented the amount of XRP transferred back to escrow at least twice. More importantly, the bank-friendly cryptocurrency’s escrow process diverges…

Budget Samsung Galaxy Phones Pack Wallet in Major Crypto Adoption Boost

Budget Samsung Galaxy Phones Pack Wallet in Major Crypto Adoption Boost

TweetShareBy CCN: In February, Samsung Electronics officially announced the integration of a crypto wallet into its flagship Galaxy S10 model in the form of “Samsung Blockchain Wallet,” enabling users to store Ethereum-based ERC20 tokens.Samsung Blockchain Keystore App (Source: Hankyoreh/CoindeskKorea)According to local publications, Samsung is planning to integrate its crypto asset wallet into other Galaxy models…

Bitcoin Critics to Catch FOMO at BTC $10,000, Says Crypto Bull Tom Lee

Bitcoin Critics to Catch FOMO at BTC $10,000, Says Crypto Bull Tom Lee

TweetShareBy CCN: Bitcoin’s run higher is igniting a wave of fear-of-missing-out (FOMO) among those who gloated about the cryptocurrency’s imminent demise. Fundstrat Co-Founder Tom Lee recently took time to engage with crypto Twitter now that bitcoin’s price has rebounded considerably.Through a Twitter poll, he asked,“At what price will see FOMO from those who gloated about…

‘Bitcoin Jesus’ Preaches Libertarian Gospel of Crypto & Crack Cocaine

‘Bitcoin Jesus’ Preaches Libertarian Gospel of Crypto & Crack Cocaine

TweetShareBy CCN: Roger Ver took to YouTube to read another letter from Ross Ulbricht, creator of the first darknet market using Bitcoin. The libertarian idealist used the opportunity to rail against the war on drugs.Roger Ver Reads Letter from Silk Road Founder Ross UlbrichtRoger Ver – once nicknamed “Bitcoin Jesus” for his rabid crypto evangelism…

Crypto Mom Scolds SEC for ‘No Meaningful Action’ to Spark Crypto Industry

Crypto Mom Scolds SEC for ‘No Meaningful Action’ to Spark Crypto Industry

TweetShareBy CCN: ‘Crypto Mom’ and SEC commissioner, Hester Peirce, has extended yet another olive branch to the cryptocurrency community.Speaking at the Securities Enforcement Forum in California on May 9th, Peirce said officials should be wary of stifling creativity with overzealous regulation. However, she also suggested a lack of regulation could have a similarly negative effect…