1. Cryptocurrency Prices go even lower
The top 20 cryptocurrencies prices report a mix of moderate gains and losses, with Bitcoin (BTC) briefly dipping under $3,200 before climbing back above the price mark by press time. Bitcoin is down a fraction of a percent over the last 24 hours. On the weekly chart, the prices in the past two days have been the lowest, down from a weekly high of $3,600.
2. Cameroon Separatist Nation creates own Cryptocurrency
Separatist officials in Cameroon’s southern region of Ambazonia has launched a new sovereign cryptocurrency. According to reports, it’s now the official currency of the “Federal Republic of Ambazonia.”
3. Blockchain Business Models should be Re-Imagined
Speaking at a Hard Fork Decentralized event, Barclays’ Julian Wilson stated that when building blockchains, developers need to “reconfigure our approach and way of thinking.” As cryptocurrency prices keep falling, Wilson argued that not all business models require blockchains and that the tech should not be used.
4. Switzerland to relax Blockchain Laws
The Swiss government has announced a new legislative approach to blockchain regulation in an official report. The document recognizes the technology as one of the most important recent developments for the financial sector in stimulating the country’s economy.
5. Bitcoin still Outperformed Apple
Within the past two years, the stock price of Apple (AAPL) increased from $115 to $165, by 43.7 percent. Alphabet (GOOGL), the parent company of Google, saw its share price surge from $792 to $1,071, by 32.7 percent. Even with cryptocurrency prices this low, Bitcoin increased from $1,000 to $3,155, by 215 percent..
6. Android Samourai Wallet Review
For spending cryptocurrencies there’s little to match the convenience of a smartphone wallet. Having immediate access on a device which is connected to the internet and the blockchain makes spending Bitcoin as easy as spending fiat. This also comes with a range of security risks to consider. Samourai Wallet, for Google’s Android platform, aims to address at least a few of those concerns – but without making it user-unfriendly.
7. With Cryptocurrency Prices low, will Coinbase hit its Target?
The current crypto bear market is dragging on, with billions in cryptocurrency wealth wiped out in 2018. The trading volume of six year-old Coinbase has hit a yearly low. Despite the crypto winter, the company is continuing to raise funds and has reached an impressive valuation of $8 billion. But is this figure justified and will Coinbase meet the $1.3 billion in revenue it’s projected for 2018?
8. 13 Million Cryptojacking Incidents in 2018
There were about 13 million cryptojacking incidents this year, Kaspersky Lab reported. Cryptojacking, a malicious activity which involves mining cryptocurrencies by hijacking the computing resources of unsuspecting users, recently overtook ransomware as the the biggest cybersecurity threat in Africa, Turkey, and the Middle East.
9. Cryptocurrency Millionaire Tosses Money from Roof
A Chinese crypto millionaire, unshaken by low cryptocurrency prices, surprised onlookers in Hong Kong yesterday with an early Christmas present when, according to Asia Crypto Today, he took to the rooftops in a black hoodie and dropped thousands of HK $100 bills on the crowd below.
10. Coinbase gave Bitcoin to Syrian Refugees
Coinbase decided to use 12 Days of Christmas promotion as their opportunity to help those in need and support GiveCrypto.org’s pioneering work. That’s why they’ve used Day 6 of the 12 Days of Coinbase to support their new project that provides a basic income to more than 150 Syrian refugees in Greece.