Bitcoin Mining Bitcoin Politics Craig Wright Crypto Dave Kleiman 

$10.8 Billion Bitcoin Tussle Heats Up as Florida Court Summons Craig Wright

By CCN Markets: Craig Wright is to appear in a Florida court next week to contest allegations that he stole 1.1 million Bitcoin from his old friend, Dave Kleiman. Wright had initially appealed to postpone proceedings or be allowed to attend via video conference call. Those appeals were denied by District Judge Beth Bloom, who deemed the plaintiff’s claims substantial enough that he show up in person to defend against them. Wright summoned to florida court on june 18th According to a court docket filed June 10th by the US…

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CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how our site was affected by Google’s Core Update. As data from SEO analyzer Sistrix shows, our visibility on Google dropped from 1.2 to less than 0.6. You might say we ought not to face any…

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Bitcoin Politics federal reserve bank JP Morgan Opinion regulation 

Federal Reserve Bank Prepared to Study ‘Collapse of the Bitcoin Market’

When the Federal Reserve conducts stress tests to measure risk in the U.S. financial markets, it may study “extraordinary” events like a “collapse in the Bitcoin market.” Indeed, the U.S. central bank has recognized Bitcoin as potentially being a “salient risk” to the market at-large. Since the 2009 Great Recession, the Federal Reserve has been constantly on the prowl for detecting where the next economic meltdown might occur. Congress and the Obama Administration passed the Dodd-Frank Act, which made it a law for the Fed to run these stress tests…

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