$23 Billion: Blockchain Pivot to Bring Big Savings for Australia’s Biggest Stock Exchange

The Australian Securities Exchange (ASX) has disclosed that millions of dollars in savings could be generated by Australian firms once the exchange migrates from the existing Clearing House Electronic Subregister System (CHESS) to a blockchain technology-based platform. Currently, it is estimated that the average fee that large investors are charged for clearing and settlement services

The post $23 Billion: Blockchain Pivot to Bring Big Savings for Australia’s Biggest Stock Exchange appeared first on CCN

Bitcoin-Friendly Square Cash is Now More Popular Than Venmo

Data from app research firm Sensor Tower and Nomura Instinet have revealed that cumulative downloads of Square’s Cash App have surpassed that of its rival, Paypal’s Venmo, per a Bloomberg report. Square’s Cash App now has a cumulative total download of 33.5 million, which exceeds Venmo’s 32.9 million for the first time, after a successful

The post Bitcoin-Friendly Square Cash is Now More Popular Than Venmo appeared first on CCN

Will the First Bitcoin ETF Make the Crypto Market Even More Volatile?

The first Bitcoin exchange-traded fund (ETF) is expected to be approved by February of 2019. But, some experts have stated that ETFs may increase the volatility of the market. How the ETF Will Impact the Market Over the past few months, analysts have been divided on the effect of the ruling of the US Securities

The post Will the First Bitcoin ETF Make the Crypto Market Even More Volatile? appeared first on CCN

Op-ed: The Real Story — How Cryptocurrency Exchanges Extract Profit from Everyone

Written By: Alex Mashinsky, CEO of Celsius Network and accomplished VoIP entrepreneur Most companies or projects that hold an ICO or token generation event (TGE) are under enormous pressure to get their tokens listed on major exchanges as quickly as possible. Most ICOs get listed in less than 3 months. But there are a number

The post Op-ed: The Real Story — How Cryptocurrency Exchanges Extract Profit from Everyone appeared first on CCN

Valuation of Crypto Market Slightly Declines But Bitcoin Price Shows Stability

In the past 24 hours, the valuation of the crypto market has dropped slightly by $2 billion, from $215 billion to $213 billion, as the Bitcoin price and Ethereum price demonstrated stability. Most major cryptocurrencies including Bitcoin Cash, Ripple, EOS, and Ethereum recorded decent gains in the range of 1 to 5 percent. Tokens including

The post Valuation of Crypto Market Slightly Declines But Bitcoin Price Shows Stability appeared first on CCN

Pornhub Subsidiary Tube8 Wants to Pay You Cryptocurrency to Watch Porn

Tube8, an adult entertainment platform, is adopting blockchain and tokenization technologies in order to reward visitors with cryptocurrency for watching videos on their website. Porn Site Tube8 Wants to Pay You Cryptocurrency To effect this process, the Pornhub subsidiary is partnering with blockchain platform Vice Industry Token (VIT) for the total tokenization of the website.

The post Pornhub Subsidiary Tube8 Wants to Pay You Cryptocurrency to Watch Porn appeared first on CCN

Ethereum Co-Founder Joseph Lubin: Crypto Market Slump Won’t Curtail Growth

Ethereum co-founder Joseph Lubin said that he does not see the recent slump in cryptocurrency prices as a constraint to growth in the market. In a recent interview with Bloomberg, Lubin said the collapse in prices is not a new development as it has always been present in the “blockchain ecosystem since 2009 when Bitcoin

The post Ethereum Co-Founder Joseph Lubin: Crypto Market Slump Won’t Curtail Growth appeared first on CCN

Ethereum Most Popular Crypto Among Phishers who made $2.3 Million in Q2 2018: Kaspersky

Cybercriminals have raked in a total $2.3 million by exploiting ICOs via phishing in the second quarter of 2018, a Kaspersky study revealed. The multinational cybersecurity company in its new Spam and Phishing in Q2 2018 report found that online malefactors target crypto investors with fake ICO websites. Most of these sites belong to Ethereum-powered startups that raise

The post Ethereum Most Popular Crypto Among Phishers who made $2.3 Million in Q2 2018: Kaspersky appeared first on CCN

Bitcoin Wallet Blockchain Says It’s Adding 50k Users Per Day

Cryptocurrency wallet Blockchain is adding up 50,000 users a day amidst the ongoing crypto market downturn. Posting on his Twitter account, Blockchain CEO and Cofounder Peter Smith made the claim in a tweet that also appeared to take a shot at Coinbase. Defying the Downturn Responding to a Bloomberg interview with Coinbase CEO Brian Armstrong where he

The post Bitcoin Wallet Blockchain Says It’s Adding 50k Users Per Day appeared first on CCN

Sports Token ICO Issuer MobileGo Threatens Critics With Legal Action

MobileGo, which bills itself on its website as a dedicated token to bring eSports to everyone, has warned it will consider legal action against people making unreasonable demands against the company. The situation came to light on Twitter Friday, Aug. 17, when one tweeter commented that an ICO issuer is threatening to sue investors and

The post Sports Token ICO Issuer MobileGo Threatens Critics With Legal Action appeared first on CCN