Former Huobi Executive Floats New Cryptocurrency Exchange in Singapore: Jimmy Aki
It would seem that tech entrepreneurs like James Ju aren’t put off by the current state of the cryptocurrency market, so much so that he has rounded up a group of investors to fund his latest venture of opening a crypto exchange. Ju, who worked as the Chief T…
Manila Residents Paid in Ethereum For Cleaning Up Philippines’ Polluted Beaches: Joseph Young
A decentralized application (dApp) based on the Ethereum (ETH) network will begin rewarding residents of Manila, the Philippines, with ETH for cleaning up a heavily polluted beach in the capital city of the nation. Joseph Lubin, an Ethereum co-creator and the…
South Korea to Test Blockchain-based Voting Prior to Integration with Online Voting: Mark Emem
Blockchain voting could soon be a reality in South Korea if the trial on a system based on distributed ledger technology turns out successfully. According to The Korea Times, the development of the blockchain-based voting system will be completed in December.…
Malaysia’s Finance Minister: Crypto Regulation to be Enforced in Q1 2019: David Hundeyin
Malaysian Finance Minister Lim Guan Eng has revealed that a new set of comprehensive regulations guiding the activities of crypto exchanges and ICOs will come into effect in Q1 2019. Speaking in Kuala Lumpur on Wednesday at the FinTech Conference 2018 organis…
Nasdaq to Launch ‘Bitcoin Futures 2.0’ in Early 2019: Samantha Chang
Nasdaq — the world’s second-largest stock exchange — plans to roll out bitcoin futures in the first quarter of 2019 through a partnership with investment management firm VanEck. Gabor Gurbacs, VanEck’s director of digital asset strategy, said the companies wi…
Bitcoin Price Could Bottom as Early as December [But Definitely by February]: Analyst: Joseph Young
According to David Puell, a Bitcoin and market analyst, the dominant cryptocurrency could either reach its bottom by the end of December or within the first quarter of 2019. The $4,300 region, which Bitcoin entered after enduring a 35 percent correction from …
USD-Backed Crypto Tether Re-Enables Direct Withdrawals of Fiat: P. H. Madore
Following an announcement from Bitfinex yesterday regarding their newfound “neutrality” to tether (USDT) and intent to use other stablecoins in addition to USDT, crypto firm Tether has revived its former business model of enabling 1:1 redemption of USDT for U…
Goldman Sachs Still Can’t Hold Crypto on Behalf of Clients Despite Growing Demand: Joseph Young
Nearly three months have passed since Goldman Sachs, a $73 billion investment bank based in the US, said that it is not ready to facilitate the delivery of “physical Bitcoin” to its clients. The banking giant is still not able to hold cryptocurrencies on beha…
Crypto Firm Galaxy Digital is Losing an Average of $15 Million every Month: David Hundeyin
Galaxy Digital Holdings LP, the cryptocurrency merchant bank founded by prominent crypto investor Mike Novogratz, announced losses totaling $41 million for Q3 2018, bringing the total losses for the year so far to $136 million. Bloomberg reports that the Q3 l…
Bitcoin Price Surges 15% in Rebound Action — Has It Bottomed Already?: Yashu Gola
The bitcoin price on Wednesday saw the arrival of bulls as it surged 15 percent in an impressive rebound action. The BTC/USD index opened at 3776-fiat while continuing the upside action of the previous day. It kept forming higher highs, eventually setting its…
Norway: Tax on Crypto Mining Scares Away $11.7 Million Foreign Investment: Yashu Gola
NTC Services AS revealed that a foreign investor had stopped an $11.70 million investment into a crypto mining facility which was going to be built in Norway’s Tydal municipality. The data center consultancy told E24 that the investor went cold feet after hea…
ICO Market is Dead: Crypto Investor Barry Silbert: Samantha Chang
The ICO market is dead, but that won’t hamper the inevitable growth of the cryptocurrency market, says Barry Silbert, the founder of crypto investment fund Digital Currency Group. Silbert said the frenzy for initial coin offerings in 2017 fueled the meteoric …
2018 Bytom Global DevCon was Successfully Held, the US Team Won the First Prize of 200,000 BTM: Press Release
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…
Ardor Lightweight Contracts: Since Existing Smart Contracts Are Not so Smart: Sponsored
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. One thing has held true for more than five years – while the market goes up and down a…
‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $12 Billion in Value: David Hundeyin
Storebrand, a leading Norwegian financial services group worth more than $81 billion shed 14 percent of its share value on Wednesday morning after falling victim to a phenomenon known as a “fat-finger” error. The term refers to an erroneous keyboard or mouse …
Judge Slaps Down SEC Attempt to Label ICO Token as Security: P. H. Madore
US District Judge Gonzalo Curiel of the Southern District of California declared yesterday that the Blockvest ICO is, in essence, not a security — or at the very least that the Securities and Exchange Commission (SEC) had failed to demonstrate that met the ch…
Hollywood Blockbuster Wreck-it-Ralph 2 Features Crypto Cameo: David Hundeyin
The relentless incursion of cryptocurrency into popular culture has recorded another first with the SAFE Network being featured in the newly-released animation movie ‘Wreck-it-Ralph 2 – Ralph Breaks The Internet’. First pointed out by posters on internet foru…
Mobile Forum Giant Tapatalk Will Reward its 300 Million Users with Kin Cryptocurrency: Josiah Wilmoth
Tapatalk, the mobile forum application with an aggregate registered user base of 300 million, has struck a deal with the Kin Foundation to reward its users with cryptocurrency for posting quality content on the platform. Announced on Wednesday, the partnershi…
Crushing it: Stellar, Litecoin, Monero, & Zcash Post Major Gains as Crypto Market Rallies: P. H. Madore
A few of the top 15 cryptocurrencies saw notable increases over the past twenty-four hours. Stellar saw a gain of 15% against the US dollar, with 22% of its volume being against USD or USD-pegged cryptocurrencies themselves – meaning these gains are realistic…
Even with the Market Crash, Crypto Holders Are Still Giving: Christina Comben
There hasn’t been much good news lately with prices on a downward spiral. Even with an overnight surge, no one knows for sure if crypto has hit rock bottom yet. So it may come as a surprise that even when crypto HODLers are bleeding wealth, they’re still in a…