The New York Supreme Court ruled that the matter between the state’s Attorney General and Bitfinex parent company iFinex can continue. The bitcoin price rose 5 percent in response. | Source: Shutterstock; Edited by CCN By CCN Markets: The bitcoin price moved higher on new legal developments in the ongoing wranglings involving Bitfinex and Tether....Read More
Bitcoin is not a hedge for anything because its volatility actually adds risk to every single scenario a portfolio manager can create. | Source: Shutterstock By CCN Markets: As the bitcoin skeptic here at CCN, my job is to provide counter-arguments to the bitcoin bulls. Today I’m going to debunk the claim that bitcoin is a...Read More
A new marketplace, called AllForCrypto launched earlier this year. Their basic business model is fairly straightforward, but promising. The idea is a peer-to-peer online marketplace using cryptocurrency and blockchain technology. So, what does the business look like, and how does it work? What Is AllForCrypto? Earlier this month, AllForCrypto also launched their Initial Exchange Offering...Read More
ICONLOOP, one of the largest blockchain networks in South Korea, has announced today it will apply its blockchain-based certificate issuance service ‘broof’ to ‘ARTnGUIDE’, the first online service platform in Korea for co-purchasing works of art operated by Yeolmae Company. This partnership aims to prevent forgeries and theft by recording ownerships of jointly purchased works...Read More
