Category Archives: ccn.com

This Week in Crypto: Never-Ending Bitcoin Cash Drama & a[nother] Blockchain Phone

The Bitcoin price grabbed the headlines this week, once again plunging to a new yearly low and placing the crypto market on the brink of sinking below the $100 billion level for the first time in 2018. However, there was much more than price action afoot, and, per the usual, much of it involved drama The post This… Read More »

BitMax.io (BTMX.com): Twined Trans-Fee Mining with Reverse-Mining, That’s What’s Called the 3rd Generation

Advertisement 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 conduct their own research with due diligence into the company, product or service mentioned in the… Read More »

Crypto Exchange Gemini Lists Bitcoin Cash with NYDFS Approval

Advertisement Crypto exchange Gemini has announced that it now supports trading and custody activities for Bitcoin Cash (BCH), effective this weekend, with full trading slated to begin on Monday. With the announcement, the exchange platform founded  by bitcoin billionaire twins Cameron and Tyler Winklevoss now supports five cryptocurrencies, namely Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Zcash (ZEC), and… Read More »

$80 Million ICO TenX Founder Linked to Pyramid Scheme: Report

Advertisement TenX president Julian Hosp has reportedly been implicated in connection with Lyoness, an Austrian discount shopping service that has been declared an illegal pyramid scheme in Norway, Austria, and Switzerland. After a summer of Chinese whispers on the internet alleging that he was involved in Lyoness before becoming the face of TenX, a video has emerged that appears to show Hosp presenting an… Read More »

Still Trending: Bitcoin Subreddit Hits 1 Million Subscribers

Advertisement Reddit is one of the oldest social media sites online, “the front page of the Internet” and a place to share stuff found online. Competitors like Voat.co have come and gone over the years, struggling to battle the network effect of the massive userbase, and while the site predominantly caters to the English-speaking Internet, its userbase rivals… Read More »

$1 Million Bet: Crypto Hedge Fund Wagers Crypto to Outperform Stock Market This Decade

Advertisement Morgan Creek puts up a $1 million wager, inviting investors who believe the crypto market won’t outperform the S&P 500 to put their money where their mouth is, according to a CNBC report. Morgan Creek operates an index fund called the Digital Asset Index Fund, in partnership with Bitwise Asset Management. The index funds offer high net-worth investors… Read More »

SWIFT Is Trialing a New Payment System to Take on Fintechs and Blockchain Tech

Advertisement The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has announced its decision to launch a pilot Global Payment Initiative (GPI) service which aims to compete with the growing threat of competing blockchain and fintech solutions provided by institutions like Ripple, JP Morgan and Transferwise. Still in its initial stages, the ambitious pilot aims to “build the foundation… Read More »

Crypto Custody Startup Raises $8 Million from ConsenSys & Two Sigma Ventures

Advertisement Venture firm Two Sigma and Ethereum development studio ConSensys have invested $8 million into digital asset custody solution provider Trustology, Business Insider reports. Both investors would be joining Trustology’s board of directors. London based Trustology, known for developing the TrustVault, a crypto management service that safeguards private keys by keeping them in “tamper proof, programmable hardware security… Read More »

Market Recovers by $5 Billion but Why Are Ethereum and Bitcoin Cash Plunging?

Advertisement Over the last 24 hours, the crypto market has added $5 billion to its valuation, demonstrating a slight recovery from $106 billion to $111 billion. Despite the recovery of the market, Ethereum (ETH) and Bitcoin Cash (BCH) continue to fall in value, both recording a three percent drop against the U.S. dollar. On December 9, the Ethereum… Read More »