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Charlie Lee Resigns From Coinbase to Focus on Litecoin

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...

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Blockchain Game Becomes the Main Topic in Global Blockchain Summit

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…

Blockchain’s Real Cool Cats

Forget CryptoKitties. This is the future for digital ledger technology.

Public Blockchain On-Chain Scaling ‘Degrades Decentralization’: Microsoft Researcher

A team of Microsoft blockchain researchers has concluded that on-chain scaling — a method employed by Bitcoin Cash and other cryptocurrencies — is antithetical to decentralization and will not provide a network with the ability to operate at “world-scale.” On-Chain Scaling Not Compatible with Decentralization: Microsoft For the past year, Microsoft researchers have explored how…

Bitxoxo – India’s Largest Cryptocurrency Exchange Announces Successful Pre-Sale

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…

Thailand’s National Stock Exchange Launches Blockchain Crowdfunding Platform

The Stock Exchange of Thailand (SET) has officially launched a blockchain-powered crowdfunding platform for startups in the country. Dubbed LiVE, the new crowdfunding marketplace from the SET is built on a blockchain that enables startups and small enterprises to access funding from venture capital funds and institutional investors directly via peer-to-peer trading. According to an…

Ripple Price Earns MoneyGram Bounce as Market Recovers from Mid-Week Dip

The cryptocurrency markets achieved a near-comprehensive advance on Friday, bolstered by several reports that South Korea was not currently seeking a blanket ban on cryptocurrency trading. The ripple price headlined the day after MoneyGram revealed that it would adopt XRP in an open-ended pilot, while every other top 15-coin or token rose against the dollar…

The former CIO of $3 trillion financial giant UBS has joined the non-profit behind one of the largest cryptocurrencies

Oliver Bussmann, former CIO at UBS, the $3 trillion money manager. IOTA The former head of technology at one of the largest banks in the world has joined the team behind IOTA, the ninth largest cryptocurrency on the market. Oliver Bussmann served as the chief information officer of Switerland-based UBS, the global financial services firm…

Cryptocurrency Market Stabilizes at $500 Billion, Bitcoin Records 5% Gain

After falling to $10,350 on February 18, the price of bitcoin has rebounded to $11,050, recording a 5 percent daily gain, positively affecting the entire market with its momentum. Bitcoin Preparing Bull Run The daily trading volume of bitcoin and the global cryptocurrency market has been relatively strong over the past 24 hours, as nearly…

Carmakers establish blockchain consortium (BMW, GM, F, RNO)

This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. BMW, GM, Renault, and Ford have struck an agreement to form the Mobility Open Blockchain Initiative (MOBI), a consortium that will explore the use of blockchain…

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Peer Mountain Joins the Largest Open-Source Blockchain Initiative, Enterprise Ethereum Alliance

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…

Extradition hearing for Russian cybercrime suspect postponed

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Nobel Economist Naysayer Robert Shiller Calls Bitcoin A ‘Social Movement’

Robert Shiller, the Nobel Prize winner in economics who has called bitcoin a bubble, has observed that bitcoin is a social movement and its popularity in the U.S. varies based on geography, according to Bloomberg. He called it a non-rational response to new information. Speaking on Bloomberg TV with Guy Johnson and Tom Keene, Shiller,…

Ripple Threatens to Usurp Bitcoin and Usher In “The Rippening”

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...

Vanguard’s chairman says cryptocurrencies pose an ‘idiosyncratic risk’

Tim Shaffer/Reuters Vanguard Group chairman F. William McNabb said Thursday that the ongoing cryptocurrency boom worries him “a little bit.” "If something’s too good to be true, it probably is," he told Bloomberg TV. Vanguard Group chairman F. William "Bill" McNabb remains hesitant about the cryptocurrency craze, he told Bloomberg TV on Thursday. "The cryptocurrency…

Thai Bank Will Add Euro, Pound to Ripple Blockchain Retail Remittances

Thai ‘big four’ banking institution Siam Commercial Bank (SCB) is adding euros and sterling to its Ripple-powered blockchain remittance platform. The SCB, one of Thailand’s biggest banks, is adding the euro and the sterling pound to its retail remittance offering powered by San Francisco-based blockchain giant Ripple, the Bangkok Post reports. SCB strategy chief Arak…

Mining

There Has Been An Awakening. Have You Felt It? [Part 3]

This is the first opinion piece in a four-part series that explores the advent of bitcoin as a store of value and the implications of valuing the cryptocurrency in fiat. Read the first part here and the second here. Fees: The Third Bottleneck Just like price, transaction fees can very easily scare away people from entering…

These 5 stocks are featured in a new blockchain index — and they’re all on a tear

Overstock CEO Patrick Byrne. AP Photo/George Frey Exchange operator Nasdaq and Reality Shares, an investment marketplace, unveiled a new index on Monday designed to capture the growth of blockchain technology. The smart-beta index called the Reality Shares Nasdaq Blockchain Economy Index, is planned to provide the basis for an exchange-traded fund by Reality Shares, according…

Ethereum Classic Price Defies Bear Market in Single-Day Rally

The ethereum classic price continued its inexorable rise on Thursday afternoon as it reached $17.71 on cryptocurrency exchange Binance — a single-day increase of 7%. There could be several factors which are affecting this price movement. The principal one is the listing on Coinbase, which was something of a surprise when it beat other contenders…

We’re ‘Looking into’ Cryptocurrencies: JPMorgan Co-President

Multinational investment banking JPMorgan is “looking into” cryptocurrencies, company co-president Daniel Pinto said. Pinto made this revelation during a wide-ranging interview with CNBC, explaining that although the firm is not optimistic about cryptocurrency in its current incarnation, it believes this technology will “play a role” in the financial system moving forward. He said: “We are…

Illinois Initiates Blockchain Initiative for Real Estate Transfers

The mid-western state of Illinois, home of Chicago, wants to usher blockchain technology into state government. The goal of the initiative, which is shared between state and county agencies, is to determine if this groundbreaking technology can be used to create more efficient, integrated and trusted state services while providing a welcoming environment for the…

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First Bitcoin Cash Ransomware Makes It Impossible to Decrypt Files

Ransomware extortionists have seemingly started using Bitcoin Cash (BCH) for ransom payments as well, according to a report published by Bleeping Computer. The first ransomware strain to use the cryptocurrency, dubbed Thanatos, makes it impossible for users to decrypt their files, even after paying. Per Bleeping Computer, the ransomware was first discovered by cybersecurity researcher…

Ethereum’s Parity Users Lose Millions in a Multi-Sig Hack

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single...

Bitcoin Exchange Bitfinex Opens ING Account After Losing Wells Fargo

Bitfinex, a large cryptocurrency exchange which has been under the U.S. Commodity Futures Trading Commission (CFTC) scrutiny, has opened an ING account after having lost its Wells Fargo relationship last year, according to Bloomberg News. ING spokesperson Harold Reusken confirmed Bitfinex is a customer but would not say anything further about the relationship, citing customer…

Opinion: Science’s Acute Replicability Issue and the Crypto Antidote

It may come as a shock to some, but scientific pronouncements aren’t nearly as trustworthy as they seem. Consider the tale of saturated fat. Until about the middle of the 20th century, the Western world was largely unconcerned about the effects of saturated fat on health. Fatty fish, butter, and eggs were seen as components…

Nebulas’ Two Step Plan to Become the De Facto Decentralized App Platform

This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. After the release of bitcoin and other similar currencies in the first half of this decade, a wave of new blockchain offerings entered the market with unique features such…

Something to Trust Again – Blockchain Startup Brings Transparency to Digital Gambling

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. Playing games of chance is notably one of the most alluring activities that humans have been engaging in since time immemorial; the risk and reward system of gaming…

BreezeCoin: Real Asset-Backed Cryptocurrency with Interest Rate Payment

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…

Kodak rolls over some of its cryptocurrency gains

Markets Insider Kodak stock is down more than 12% in trading Thursday. Shares more than doubled this week after the once-bankrupt company said it was pivoting to blockchain. At CES this week, Eastman Kodak announced it would launch its own cryptocurrency and leverage the blockchain to protect photographic copyright. The once-bankrupt company’s stock almost tripled…

How blockchain is reshaping the world of business

IBM By Bridget van Kralingen, Senior Vice President, Global Industries, Platforms, and Blockchain for IBM In recent weeks, the chorus of crypto naysayers, led by analysts, banks, regulators, and governments, has grown louder. But while the future of cryptocurrencies may be cloudy, one thing is crystal clear: The blockchain technology that underlies these new forms…