Craig Wright Asks for 30-Day Extension to Delay 500K Bitcoin Payout

Craig Wright Asks for 30-Day Extension to Delay 500K Bitcoin Payout 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Craig Wright, a self-proclaimed inventor of Bitcoin (BTC), has asked for another extension of a deadline to settle his case involving his late partner Dave Kleiman. Wright entered negotiations On Sept. 17, Wright’s attorneys filed a new 30-day extension for all discovery and case deadlines, citing the need to facilitate the ongoing discussions with Dave Kleiman’s estate as the parties have entered “extensive settlement negotiations.” According to the document, Wright’s lawyers and Kleiman’s estate have reached a non-binding agreement to settle the matter and are continuing to negotiate and finalize…

$15,000 Bitcoin Ransom Rescues Nigerian Chieftain's Kidnapped Daughter – CCN.com

$15,000 Bitcoin Ransom Rescues Nigerian Chieftain's Kidnapped Daughter – CCN.com 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

The daughter of a Nigerian politician has been released after her father paid the kidnappers a $15,000 bitcoin ransom. On Saturday, Ai’sha Ardo, the daughter of Umar Ardo, a chieftain of the major Nigerian political party the People’s Democratic Party, endured a harrowing kidnapping in the country’s capital city of Abuja. The chieftain was contacted by one of the kidnappers the next day. The assailant told the politician that his daughter would be returned safely, but only if he paid the $15,000 ransom. Ardo told local news outlet Daily Trust…

Is Ripple Decentralized or Not? Blockchain Expert Ends the Debate

Is Ripple Decentralized or Not? Blockchain Expert Ends the Debate 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Is Ripple decentralized or not? One expert weighs in. | Image: Shutterstock Ripple fans adamantly preach that the cryptocurrency runs on a decentralized network. A quick search of the term “Ripple Decentralized” on Twitter reveals hordes of accounts claiming that “The Standard” is decentralized in nature. Many are even ganging up in an attempt to prove their point. ChardyXBT tweet. | Source: Twitter In addition, the Chief Technology Officer of Ripple Labs, David Schwartz, wrote an article claiming that the XRP Ledger is more decentralized than bitcoin and Ethereum to…

Bitcoin Is 'The Most Extraordinary Bubble of Our Generation' Says Trader – CCN.com

Bitcoin Is 'The Most Extraordinary Bubble of Our Generation' Says Trader – CCN.com 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

The next bitcoin bull market is only getting started, analyst claims. | Source: Shutterstock Bitcoin is up by almost 180% year-to-date. To some, the disbelief rally has run its course, and it is now time to short the market. Trade Tosser Tweet | Source: Twitter While a quick short might be profitable now, one trader believes that the rally from $3,000 to almost $14,000 is nothing but a warm-up. According to an analyst, all four BTC bull runs were massive local bubbles. In his humble opinion, bitcoin is the future.…

The U.S. Stock Market's 'Fear Index' Is Flashing an Eerie Warning – CCN.com

The U.S. Stock Market's 'Fear Index' Is Flashing an Eerie Warning – CCN.com 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

U.S. stocks are approaching record highs again, but Wall Street’s fear index suggests now is not the time to be complacent. | Image: AP Photo/Richard Drew The CBOE Volatility Index, commonly known as the VIX, is supposed to be one of the most reliable indicators of investor sentiment on Wall Street. The number, which can range anywhere from 1 to 100, provides important insight into how well the S&P 500 Index is performing. So, when the VIX swung below the usually benign 15 level on Wednesday, investors were told to…

Dismal Jobs Growth and Consumer Spending to Supercharge Bitcoin – CCN.com

Dismal Jobs Growth and Consumer Spending to Supercharge Bitcoin – CCN.com 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Being bearish on bitcoin has become fashionable, but one analyst explains why it’s never a good idea to bet against the largest cryptocurrency. | Source: Shutterstock Bitcoin bears have come out of hiding over the last few weeks as the number one cryptocurrency struggles to stay above $10,000. Since the digital asset printed a 2019 high of $13,880 on June 26th, market participants started to feel jittery. In the last month, market sentiment has ranged from fear to extreme fear. Crypto market participants are gripped with fear. | Source: Alternative.me…

Facebook’s Crypto Launching in H2 2020, Says Libra Association Chief

Facebook’s Crypto Launching in H2 2020, Says Libra Association Chief 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

The head of the nonprofit organization behind Facebook’s Libra digital currency has said the company is committed to launching it and clearing regulatory hurdles. Perez: “We don’t want to be like BlackRock” In an interview with French news magazine Les Echos on Sept. 12, Bertrand Perez, director general of the Libra Association, said the token should appear in the second half of 2020.  The comments came the day France’s economy and finance minister said the country would refuse to allow Libra to operate within its borders.  As Cointelegraph reported, concerns…

Tesla Channels Elon Musk in Not-so-Humble Model S Brag – CCN.com

Tesla Channels Elon Musk in Not-so-Humble Model S Brag – CCN.com 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Tesla channeled CEO Elon Musk in its not-so-humble brag about the Model S that set a speed record at California’s Laguna Seca racetrack. | Source: REUTERS / Brendan McDermid (i), Tesla/YouTube (ii). Image Edited by CCN. Elon Musk gushed that a prototype for the Tesla “Plaid Model S” broke the speed record for a four-door sedan at the Laguna Seca racetrack in California. Musk excitedly shared the news on Twitter. He noted that the Plaid Model S would be more expensive than other Tesla models but less than its competitors.…

Hacked Florida Auto Shop Refuses to Fork Out $100,000 Bitcoin Ransom – CCN.com

Hacked Florida Auto Shop Refuses to Fork Out $100,000 Bitcoin Ransom – CCN.com 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Another day, another case of extortion involving bitcoin. | Source: Shutterstock The website of a Florida-based car parts dealer is currently out of service after a hacker hijacked the domain name and shuttered its hosting provider’s account to ransom it for Bitcoin. Per legal documents and a ransom note that was produced in court where the victim obtained a temporary order preventing the domain name from being transferred from its current host, the domain name of XPort Auto Parts Inc, xportautoparts.com was stolen on August 15th. Stolen in the US,…

Major US Crypto Exchange Coinbase Appoints New Vice President Dan Yoo

Major US Crypto Exchange Coinbase Appoints New Vice President Dan Yoo 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Major United States-based crypto exchange and wallet provider Coinbase has appointed Dan Yoo as its new vice president, industry-focused media outlet Coindesk reported on Sept. 10. At Coinbase, Yoo will be replacing Emilie Choi, previously vice president of business, data and international promoted to its chief operating officer at the company. Yoo will work on Coinbase’s business operations, business and corporate development and the data team. “Not a crypto expert” Commenting on the appointment, Yoo ostensibly said: “Coinbase is a very data-driven company. As part of this role, I’ll be…