TRONSCAN, a blockchain browser for TRON community announced its support for the Sun-network, where it would be developing a block explorer for the Sun Network’s Dapp chain. The block explorer will be integrated into the TRONSCAN according to the latest TRON weekly report posted by TRON Japan. Check out the weekly report made by @TRON_JPN...Read More
Hut 8, one of the largest public Bitcoin mining farms by operating capacity, has released its financial report for the second quarter of 2019. The mining firm recorded a tremendous surge in its net profit and overall revenue for Q2, with the net profit for the firm reaching $33.7 million Candian dollars while the overall...Read More
The bitcoin price suffered a painful crash this week, but bulls shouldn’t imagine the worst is over. This dump isn’t finished – not even close. | Source: Shutterstock By CCN Markets: The bitcoin price suffered a massive setback on August 28th, crashing through support at $10,000 before testing the low $9,000s. We warned that this...Read More
The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people to remove themselves from China’s system....Read More
GRAM tokens are finally coming to investors, Telegram says. The company behind the second-largest cryptocurrency sale expects to ship tokens in the next two months, the New York Times reported yesterday. The issuance will end a saga that began almost two years ago, when a handful of private investors put $1.7bn into the proposed Telegram...Read More
Photo: Wikimedia Commons PNC Financial Services Group, Inc. finally went live with the blockchain payments platform RippleNet. By doing this, it became a first-ever American bank that decided to process cross-border payments just a year after they decided to adopt Ripple’s technology. As one of the ten largest banks in the U.S., the inaugurating of...Read More
The entire cryptocurrency market was in free fall yesterday, with all major cryptocurrency reporting a significant slump. The first in the line to succumb, as usual, were the top altcoins and the king coin. At press time, the market remained red, with Bitcoin recording a fall of over 5 percent and Ethereum spotting a negative...Read More
As bitcoin prices continue to post strong rallies, traders are looking at higher potential valuations for BTC/USD on a long-term trend basis. Not surprisingly, many of these projections deal with important psychological levels that may be likely to guide market activity. By most accounts, market valuations in BTC/USD have had a strong year. Bitcoin has...Read More
The Securities and Exchange Commission (SEC) announced pressing charges against Bitqyck Inc. and its founders for defrauding investors in securities offerings of two digital assets and operating an unregistered exchange. Quoting the official statement, “Bitqyck and founders Bruce Bise and Sam Mendez created and sold Bitqy and BitqyM (tokens) in unregistered securities offerings to more...Read More
If you’ve ever had to buy a used car, you know how easy it is to be taken for a ride. Between rolled-over odometers and new cars that have never seen a drop of oil, secondary markets are a rusty minefield of hidden problems and iffy maintenance. Now, one of the leading auto giants is...Read More
Bitcoin has lost almost 7% during the last 24 hours, according to Coinmarketcap data, taking analysts by surprise. Here are main reasons why the cryptocurrency is testing new support levels right now. CME’s Bitcoin Futures Bitcoin’s latest crash, which started on Wednesday afternoon, sent prices below the $9,500 level for the first time since July....Read More
Cryptocurrency markets are in the midst of a significant sell-off, with top digital assets losing over five percent in value over the past twenty-four hours. As the Bitcoin price has now fallen through two key support levels, analysts are predicting further losses, with BTC likely to fall below $9,000. Cryptocurrencies experienced a sharp drop at...Read More
The UN’s cyber czar blamed Bitcoin and other crypto assets for making it significantly harder to fight child sexual exploitation and other crimes. | Source: Twitter (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: A senior UN official, Neil Walsh, claims that Bitcoin and other cryptocurrencies have made the task of fighting money...Read More
XRP is down 5 percent on the day and has seen a significant retreat this year. | Source: Shutterstock By CCN Markets: To say that Ripple (XRP/USD) is a laggard would be a huge understatement. The cryptocurrency has been in a long downtrend ever since it posted an all-time high of $3.30 in January 2018. It...Read More
Looking beyond short term market peaks and troughs paints an entirely different picture for the crypto industry. Doom merchants and mainstream media will have a riot when bitcoin prices plummet ten percent, but they rarely acknowledge industry interest which can be measured in education. Crypto Studies Double in 2019 According to US crypto exchange Coinbase,...Read More
In recent news, Microsoft announced that the much-anticipated HoloLens 2 will go live on sale in September, Harry Shum revealed at the World Artificial Intelligence Conference in Shanghay on Thursday. Recently Microsoft finally announced that HoloLens 2 will go on sale in September, the head of AI and research Harry Shum, revealed on stage in...Read More
Apple has now made its own Apple Card available for all consumers within the United States. Apple promises to keep user data very private and not compromise on security, especially with Apple Card partners MasterCard and Goldman Sachs. Apple has finally released its own credit card called the Apple Card. In partnership with American multinational...Read More
The Bitcoin price has seen a downward fall below $10,000 within a span of half an hour. The steep fall in the BTC price has also affected the crypto market and some of the well-known crypto enthusiasts and investors. The BTC price fell drastically to $9,400 giving a weekly low. Analyzing this price fluctuation, the...Read More
Court proceedings against defunct Canadian Bitcoin exchange QuadrigaCX will focus on people in Ontario, say liquidators. EY: ‘Few Ties’ Keep Bitcoin Case In Nova Scotia In a court document filed this week, Ernst & Young (EY), the accounting giant acting as the exchange’s bankruptcy trustee, petitioned for a relocation of their case. Currently taking place...Read More
According to a recent study by Coinbase on higher education, the adoption of academic courses on digital currencies and the underlying blockchain technology by top institutions around the world is on the rise. A Coinbase‘s survey was carried out on the top 50 universities in the world (i.e., according to the U.S. News And World...Read More
Bitcoin price fell sharply on Thursday’s trading to land around the $9,500 level. | Source: Shutterstock By CCN Markets: The bitcoin price crumbled overnight, breaching the psychological barrier of $10k and dropping as low as $9,334 on Coinbase. The fall marked a nine percent collapse in a matter of hours, wiping out a total of...Read More
Malta-based cryptocurrency exchange, Binance, has been in the news all month for a host of reasons. The exchange had a rough beginning to the month after the exchange’s old KYC data was leaked on a Telegram group. However, the exchange has managed to keep the community informed with a series of positive developments in its...Read More
Nutanix, which is a leading enterprise cloud computing company, announced their new Q4 and fiscal 2019 financial results. Soon after the company’s stock price shot up to even 15%. Nutanix, a company which operates in the cloud computing industry, announced their Q4 Fiscal 2019 Financial results. It beat all the expectations that the financial experts...Read More
Cryptocurrency figures are putting renewed faith in Bakkt to lift markets after the company announced it was ready to launch Bitcoin storage. Bakkt: Bitcoin Storage Starts Next Week Bakkt, a cryptocurrency ecosystem for institutional investors, is currently testing its first product, physical Bitcoin futures. The main launch will begin next month. As of September 6,...Read More
The former Amazon employee who hacked the Capital One Bank has now used it’s servers to mine cryptocurrencies for herself. On August 28, the court filings revealed that the hacker Paige A. Thompson is charged for Capital One breach and for cryptojacking attempt. Basically, cryptojacking is all about crypto mining attacks. This works by installing...Read More
Fitbit, a smartphone wearables company, released its new Smartwatch Versa 2 upgrade. It comes with a few next-generation upgrades along with the Amazon’s Alexa addition. Also, the company announced the launch of its subscription service. In recent news, Fitbit, which is known as the rival to Apple in the wearable war, announced their newest upgrades...Read More
Sharding is widely hailed as a solution to blockchain scalability. But projects that implement sharding technology may be introducing new security risks into their blockchains, according to the CEO of Solana, which could make them vulnerable to consensus attacks. Speaking to Crypto Briefing, Anatoly Yakovenko said that the risks associated with sharding far outweigh any...Read More
China’s Government and Central Bank just can’t seem to align on the proposed central bank digital currency (CBDC). On Tuesday, government-supported tabloid, Global Times, reported that the Central Bank called speculation on an upcoming launch ‘inaccurate speculation’. Then yesterday, it published an article suggesting that plans are gaining momentum, with a pilot-scheme in Shenzhen imminent....Read More
Litecoin has dropped below $70 for the first time in four months. Early this month, the fifth-largest cryptocurrency in market experienced its halving, dropping the block rewards from 25 LTC per block to 12.5 LTC per block. However, the price fall began well before the halving, a trend which flies in the face of conventional...Read More
Photo: Christopher Michel / Flickr The XRP crypto has encountered a lot of bearish volatility lately. The token closely linked to the Ripple FinTech Company has made many analysts think that its bearish trend has resulted from Ripple selling a large number of tokens onto the markets every quarter. The third biggest crypto, XRP, registered...Read More
