Brexit is going to end soon. How will Fintech Companies fare in the UK post-Brexit? Is Brexit good for cryptocurrencies or bad for it? Brexit has been on the front burner for most of the past two years. Theresa May has already resigned following her inability to make Brexit happen. Boris Johnson is facing the...Read More
A database with personal data of hundreds of millions of Facebook users has been found online by a security researcher. Facebook has since taken it down, declaring that no accounts were breached. Facebook is in the middle of another serious problem of a security breach involving a feature that the company had disabled more than...Read More
Four years after Porsche showed us the original Mission E concept, the 2020 Taycan is finally here showing that there is a real alternative to the Tesla Model S that has ruled the large luxury electric sedan roost. It seems Tesla (TSLA) is getting some real competition and it just might help it. If this...Read More
Chainlink, a service that provides tamper-proof I/O for smart contracts, recently published its ‘Mixicles’ white paper. According to Chainlink, Mixicles are DeFi instruments embedded with oracles, which mediate between data both on and off the blockchain, and include mixers for the promotion of financial instruments’ privacy. We’re thrilled to release our work on Mixicles, a...Read More
Apple plans to borrow in the bond market for the first time since November 2017. The proceeds will go towards share buybacks, dividends, and other general corporate purposes. One of the most cash-rich companies in the world, Apple Inc. (AAPL) is getting ready to offer bonds for the first time in almost two years. As...Read More
Burundi’s central bank has enforced an outright ban on crypto trading. | Source: Shutterstock Burundi’s Central Bank has completely banned crypto trading in the country, specifically mentioning bitcoin, ethereum and a handful of other cryptocurrencies. The East African nation is also warning that “strong measures could be taken” against traders who flout the ban, in...Read More
A devoted team of the PBOC’s Digital Currency Research Lab is currently setting up its digital currency system in a restricted environment aiming to launch it before Facebook’s Libra enters the market. After Facebook unveiled the white paper for its Libra Project in June, the People’s Bank of China (PBoC) got working. The PBoC is...Read More
Initially postponed for various reasons, Samsung has now announced that its Galaxy Fold is ready for launch, after quite a few modifications were made. The phone will first be released in South Korea. Back in July, Samsung announced an unspecific September date for its new Galaxy Fold smartphone. The phone which was originally expected to...Read More
Zcash Foundation, the non-profit organization behind the privacy-focused cryptocurrency, has been at the center of an ongoing controversy pertaining to the use of the “Zcash” trademark. As per the initial plan, both Electric Coin Company (ECC) and Zcash Foundation would have equal control over the use of the trademark. However, ECC soon decided that the...Read More
Samsung’s flagship Note 10 is getting a special crypto edition in South Korea. | Source: REUTERS/Toby Melville Samsung launched the KlaytnPhone in South Korea on Thursday, a spinoff of the Galaxy Note 10 equipped with blockchain apps and a cryptocurrency wallet. It furthers Samsung’s position as the most crypto-friendly smartphone maker, putting it lightyears ahead...Read More
Mastercard revealed its participation in the Marco Polo blockchain project, a collaboration of R3 and TradeIX. The initiative provides a multi-asset class platform that offers broker-dealer services and multicurrency transactions, among other services. American financial services titan Mastercard announced they’ve partnered Marco Polo, a trade finance network on R3’s Corda blockchain platform. Together with more...Read More
The Marshall Islands have decided to issue their cryptocurrency. Formerly, the pacific Nation had used the US Dollar solely as currency. This time, they have decided to issue their own based on its own blockchain. With a population of just under 60,000 people, the need to use a cryptocurrency might sound a little weird to many...Read More
South Korean electronics manufacturer, Samsung, has time and again shown an interest in the field of cryptocurrencies and blockchain tech. Earlier this week, the company had filed a patent for a programmable blockchain solid-state drive [SSD], with the company last month integrating Pundi X’s XWallet app into its Samsung Blockchain Wallet. The electronics giant is...Read More
2019 has been largely regarded as a year of the bulls after collective bullish sentiment drove major cryptocurrencies to a price hike. Besides the bull run, stablecoins were also a major topic of discussion as the community’s attention were grabbed by the Bitfinex-Tether fiasco and the launch of Facebook’s Libra. Other than the aforementioned virtual...Read More
Tron completed the first phase of the buy-back plan it had announced two months ago. This phase is in line with measures being taken to prevent the plummeting prices of Tron on the cryptocurrency charts. With a number of projects set in motion to boost Tron’s presence in the crypto-ecosystem, the successive release of BTFS,...Read More
While cryptocurrency’s volatile market stands as another road block for new investors, Bitcoin and its altcoin competitors continue to set new records in various niche metrics. According to the latest report from Coin Metrics, the market cap for BTC, ETH, XRP, LTC, and BCH decreased while witnessing a spike in the transaction count. Moreover, it...Read More
In 2017, Union Square Ventures co-founder and managing partner, Fred Wilson had said that Ethereum’s market cap will surpass that of Bitcoin by year-end. That didn’t happen and now he is taking his words back, for good. Wilson: Ethereum ‘Confounds’ Me Not just the USV chief, Ethereum has left many of its investors in a...Read More
Alongside several financial and non-financial institutions finally embracing crypto, successful entrepreneurs from other business sectors have also taken the leap, with many launching their own brand of new cryptocurrencies. One of the most prominent figures in this space is renowned musician and record producer, Akon, who made a rare appearance in an interview to discuss...Read More
In recent news, a Twitter account named AppleBeta2019 has shared a 10 page document from Apple, which reveals a substantial amount of information about the upcoming Apple product line-up. Apple, one of the world’s leading tech companies, has just experienced yet another inside document leak which reveals iPhone 11 branding details, OS release dates, new...Read More
Social impact investing isn’t just for bleeding hearts anymore. Investing in companies with strong environmental, social, and governance (ESG) credentials has grown from an idealistic niche to a highly profitable investment strategy. A number of studies and data points suggest that an ESG investment portfolio tends to outperform one that gives scant regard to corporate...Read More
Jonathan Johnson, the interim CEO of Overstock in a recent interview with Fox Business Network addressed the speculation that SEC’s investigation being the reason behind the controversial exit of former CEO Patrick Byrne. Johnson claimed that the two-year investigation by the SEC into Overstock’s blockchain business is “almost dormant.” Johnson claimed that SEC has not...Read More
After a bearish crypto-winter towards the end of 2018,, the market regained some modicum of bullish momentum this year. Off late, the king coin has struggled to stay above $10,000, with its price oscillating within the range of $9,400 and $12,000. Owing to this movement, altcoin volume has dipped to all-time lows, with the world’s...Read More
LEOcoin Price Analysis (LEO/USD) LEOcoin has drastically dropped from where it closed yesterday at $1.1419 and is now changing hands at $1.1250. The downside pressure seemed to have gained support from the moving averages that are now suggesting a bearish sign. This is since the long-term SMA (A) has been gravitating above the short-term SMA...Read More
Crypto startups Coinbase and Ripple have dropped from top-10 positions to No. 28 and No. 29, respectively, on LinkedIn’s 2019 top 50 startups list. | Source: Shutterstock; Edited by CCN Despite being a relatively new sector, the blockchain and cryptocurrency space can this year boast of having two crypto startups, Coinbase and Ripple, in the...Read More
BitMEX accuses Binance of plagiarism, but it’s not long before the two bitcoin exchange giants kiss and make up on Crypto Twitter. | Source: Reuters (i), Distributed/YouTube (ii). Image Edited by CCN. Binance and BitMEX shared a social media bro hug after the latter publicly accused its fellow cryptocurrency exchange of plagiarizing documentation featured in...Read More
Let’s kick off a slow Wednesday with technical analysis for the three big Bs: BTC, BCH and BNB. Even though crypto markets may look like they are snoozing, the indicators are very much alive. Bitcoin Price Analysis (BTC/USD) BTC/USD has corrected gains to trade above resistance level $10501.68. An attempt to break above $10718.57 (R)...Read More
Tokyo-based crypto exchange platform Coincheck has halted all new margin trading orders until the end of October 2019. Cryptocurrency Margin Trading Capped at 4X In a statement issued on its website at the end of August 2019, the Japanese crypto trading platform announced the suspension of new margin trading orders. Also, the exchange said upon...Read More
In a recent interview with Ian Jacobs of W3C, Stefan Thomas, CEO of Coil, discussed the evolution of the payments industry over the years and laid out his views about the Interledger Protocol [ILP]. During the interview, Jacobs queried Thomas about the circumstances that led to the application of open source in payments. The CEO...Read More
Bitcoin’s the best bet for a cryptocurrency, says Twitter CEO Jack Dorsey. | Source: Photo by Prakash SINGH / AFP As Facebook’s Mark Zuckerberg faces a firestorm of criticism for his Libra project, another prominent social media billionaire is staying on the side-lines. Jack Dorsey made it very clear in an interview with the Sydney...Read More
Though other cryptocurrencies will likely go through periodic pumps, bitcoin is the only crypto with real and lasting value, according to Peter Brandt. | Source: Shutterstock Are you holding cryptocurrencies other than bitcoin? If so, you might want to overhaul your portfolio. That’s because an expert in classical charting principles warns that buying altcoins is...Read More
