Binance Coin suffered one of its worst losses this year on May 7th after hackers took off with 7,000 bitcoins. The heist cost cryptocurrency exchange giant Binance a total of $40 million. Four months later, it appears that everyone has forgotten about …
Switzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path for cryptocurrency projects such as Libra. This was …
By CCN Markets: Philippine boxer Manny Pacquiao has unveiled his own self-branded cryptocurrency known as ‘Pac’, Reuters reports. The Pac token will be available on Singapore’s Global Crypto Offering Exchange (GCOX). Plans to launch the cryptocurrency …
EOS received a major boost in awareness this week thanks to a Chinese television show that featured a popular blockchain RPG called Crypto Sword & Magic. “ICS Money Talks,” the only English-language business program in China, aired the piece with a…
With just over a month left until the TON blockchain officially launches, Telegram’s debut cryptocurrency project is shaping up to be one of Ethereum’s biggest threats to date. Numerous would-be assassins have lined up to close out the contract on the world’s largest blockchain platform in recent years – all with little success. But with […]
The post Is Telegram’s Cryptocurrency the Long-Awaited Ethereum Killer? appeared first on CCN Markets
Bitcoin SV (BSV) is delivering better returns than rival assets this Friday even after its founder Craig Wright’s embarrassing loss in a recent courtroom battle. As of 11:00 GMT, the BSV-to-dollar exchange rate was trading more than 4 percent hig…
Facebook’s fears that the bottlenecks tech firms in the free world face in developing cryptocurrencies risks opening the door for more closed societies to take the lead have been confirmed. According to Forbes, China has already developed a state-backed cryptocurrency known as DC/EP (DC- Digital Currency, EP – Electronic Payments) that could be unveiled in […]
The post China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder appeared first on CCN Markets
Investments in XRP has dwindled dramatically in 2019, indicating that not many are using the crypto-asset for its intended application: that of behaving as a bridge between fiat currencies for cross-border payments. The result is an underperforming token, now down more than 23 per cent against the US dollar. Investors have their reasons to keep […]
The post Ripple CEO Garlinghouse Slams FUD Because ‘It’s Clear XRP Isn’t a Security’ appeared first on CCN Markets
By CCN Markets: Litecoin’s recent block reward halving was supposed to be a bullish catalyst for the LTC price. Unfortunately, the long-anticipated event failed to help the struggling cryptocurrency rally against Bitcoin. Instead, it merely provided ev…
By CCN Markets: Facebook’s cryptocurrency project Libra still has more work to do in order to win over the U.S. Congress. According to the chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, a meeting with the Swiss government …
By CCN Markets: With all this talk about bitcoin, you might be surprised to learn that the ripple price quietly executed the most spectacular single-day rally in the crypto industry’s history. The rally was so quiet, in fact, that it was ignored by eve…
By CCN Markets: 7News Sydney reports that Katherine Nguyen is the first-ever Australian resident to plead guilty for cryptocurrency fraud after stealing 100,000 XRP. In 2018, twenty-four-year-old Nguyen hijacked the email account of an elderly man of t…
By CCN Markets While the bitcoin price languishes this week, ethereum classic is enjoying a spectacular spike ahead of its scheduled September hard fork. And the ethereum price is rising too. As of this writing, the price of ethereum classic (ETC) rock…
By CCN Markets: It’s easy to miss just how badly bitcoin has clobbered altcoins since the crypto market’s latest bull run began. From Ethereum all the way down to Stratis, almost every coin has developed an ultra bearish market structure. There’s no de…
By CCN Markets: Litecoin’s recent halving was unfortunately met by intense selling against Bitcoin. The downward pressure was so intense that the crypto token plunged to a fresh 2019 low of 700,100 satoshis (~$72) on August 17th. Recent price action suggests that there’s nothing bullish about the chart of the fifth-largest cryptocurrency. However, that’s precisely […]
The post Litecoin Price Slump Rewards Bold Traders With ‘Maximum Opportunity’ appeared first on CCN Markets
By CCN Markets: Ethereum co-founder Vitalik Buterin says improving scalability could slash crypto transaction costs by a factor of “over 100.” That’s crucial, considering that blockchain has become so much “bigger than bitcoin.” Moreover, Buterin says upgrading scalability could dramatically boost mass crypto adoption. So that’s a pressing issue the industry must address if it […]
The post Ethereum Whiz Teases 100x Scaling, Says Crypto Is ‘Bigger Than Bitcoin’ appeared first on CCN Markets
By CCN Markets: Binance CEO Changpeng Zhao got dragged on Twitter and was nominated for the Dumbest Crypto Tweet Award after he shared a story touting the popularity of Binance Coin, his company’s native token. Many of Zhao’s followers expressed skepticism when he recounted an “interesting interaction” he had with a 14-year-old boy. CZ claimed […]
The post Binance CEO Gets Dragged by Bitcoin Fans for ‘Dumbest Crypto Tweet’ appeared first on CCN Markets
By CCN Markets: Since late June when the Ripple (XRP) price reached its 2019 high near $0.50, the cryptocurrency has plummeted nearly 50 percent. Currently, XRP is trading at $0.26, and at least one analyst believes it’s primed for a major recovery. Ac…
By CCN Markets: A Twitter user who goes by the name of @XRPBallzD33p told his followers last month that he was going all-in on his Ripple (XRP) investment. Or to use the parlance of our times, he went BALLZ deep. So deep, in fact, that he took out a loan he couldn’t afford to pay […]
The post Millennial Buys Ripple With Loan He Can’t Afford – Then This Happened appeared first on CCN Markets
By CCN Markets: Coinbase users in the UK continue to get bad news, with the latest impacting Zcash holders specifically. The rumor mill began to churn this week when the cryptocurrency exchange unexpectedly dumped ZEC. Now there’s finally confirmation for at least one of the reasons that were bandied about. UK-based banking giant Barclays severed […]
The post We Finally Know Why Coinbase UK Dumped ‘Anonymous Crypto’ Zcash appeared first on CCN Markets