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The National Basketball Association has long been known as one of the most progressive sports leagues in the world. They’re continuing their forward-thinking today with the announcement of the new blockchain-based game, NBA Top Shot. The NBA, along with the National Basketball Players Association (NBPA), has teamed up with Dapper Labs to create a blockchain-based […]
The post NBA & CryptoKitties Creator Team Up, Could Bring Blockchain to Masses appeared first on CCN Markets
The Federal Reserve cut interest rates to 2.25% on Wednesday, a move that you might have thought would please President Donald Trump. However, as the Dow Jones sold off 333 points and the U.S. dollar soared, Trump took to Twitter to berate Jerome Powell for not signaling enough easing was coming. ….As usual, Powell let […]
The post Furious Donald Trump Tears Into Fed Chair for Letting Markets Down appeared first on CCN Markets
Elon Musk and Jack Dorsey have a lot in common. Both are genius tech entrepreneurs and both are at the helm of multiple companies – Twitter and Square for Dorsey and Tesla, The Boring Company, and SpaceX for Musk. But only two out of three publicly traded companies named are beating the S&P 500, while […]
The post Elon Musk Could Learn a Thing or Two from Jack Dorsey appeared first on CCN Markets
The long-anticipated Sony PlayStation 5 took a step closer to launch this week when a Swedish retailer began taking PS5 preorders. However, the announcement left gamers speechless for another reason: the device’s insane SEK9,999 (~$1,050) price tag. However, with all due respect to the Twitter outrage machine, you’d have to be an idiot to believe […]
The post Only an Idiot Would Believe Sony’s PS5 Will Cost $1,000 appeared first on CCN Markets
On July 31, the U.S. Federal Reserve and its chairman Jerome Powell officially announced a 25-basis point cut. The U.S. stock market and the S&P 500 reacted with a sharp correction, indicating that the rate cut has been priced into the equities markets. Kathryn Rooney Vera, chief markets strategist at Bulltick Capital Markets, said in […]
The post S&P Sharply Drops but It’s Safe to Re-Enter After Retracement: Analyst appeared first on CCN Markets
UltrAlpha (UAT), a professional digital asset management service platform, announced the public sale schedule starting from August 12, 2019. This platform is designed to connect investors with broad range of financial products and provide fund admin services for investment and trading teams, aiming to alleviate one of the major pain points in the digital asset […]
The post UltrAlpha, Innovative Digital Asset Management Service Platform, Announced Start of Three-round Public Sale on August 12 appeared first on CCN Markets
Highlights: BABB to list BAX on one of Singapore’s largest cryptocurrency exchanges, CoinTiger on August 6th. Initial pairs of BAX to be made available are ETH (Ethereum) and USDT (Tether). Listing to provide BABB with direct access to 2.1 million users and opportunity for greater liquidity for BAX. Listing will facilitate the use of BAX […]
The post BABB Announces BAX listing on CoinTiger Cryptocurrency Exchange appeared first on CCN Markets
The US Federal Reserve is expected to cut the target interest rate on Wednesday for the first time since the global financial crisis a decade ago. This policy shift is gasoline for bitcoin. To cut rates, the Fed will increase the supply of US dollars, thus cannibalizing its value. It’s a stark reminder that fiat […]
The post America Hasn’t Done This in 10 Years – And It’s Fire for Bitcoin appeared first on CCN Markets
The bitcoin price regrouped from its vicious weekend sell-off to recover past the $10,000 mark on Wednesday. Bitcoin Price Recovers to Crucial Psychological Level The dominant cryptocurrency had been in an uptrend for most of the day, and at approximately 10:00 am ET it managed to successfully pierce the $10,000 mark, which is generally considered […]
The post Newsflash: Bitcoin Price Pierces $10,000 But Analyst Shades ‘Mini-Bump’ appeared first on CCN Markets
Britain’s financial watchdog has warned investors that they have no regulatory protections to turn to when they buy or sell cryptocurrencies. According to the Financial Conduct Authority, the UK’s Financial Services Compensation Scheme does not cover cryptocurrencies such as Bitcoin and Ethereum. Additionally, crypto investors cannot seek the services of the UK Financial Ombudsman Service: […]
The post ‘You’re on Your Own’: UK Watchdog is Fear-Mongering Bitcoin Investors appeared first on CCN Markets
The Dow scored a crucial rebound on Wednesday after US negotiators led by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin secured key concessions from China, which apparently brushed off President Trump’s brazen attacks. Dow Grinds Higher; Nasdaq, S&P 500 Mount Tepid Gains All three primary US stock market indices rose during the morning […]
The post Dow Rebounds After Mnuchin, Lighthizer Conclude ‘Frank’ Shanghai Talks appeared first on CCN Markets
The China Electronic Information Industry Development (CCID) that operates directly under the Ministry of Industry and Information Technology, released its latest crypto rankings, excluding bitcoin from the top 10. In May, as reported by CCN, the CCID ranked bitcoin as 12th in the Global Public Blockchain Technology Assessment Index, placing blockchain protocols with significantly smaller […]
The post Bitcoin’s Overwhelming Dominance Fails to Impress in China’s Crypto Rankings appeared first on CCN Markets
U.S. Senator Mike Crapo (R-Idaho) admitted that it would be difficult or impossible to ban bitcoin in the United States. The Senator offered a number of positive comments on bitcoin as he chaired the Senate Committee on Banking, Housing and Urban Affairs cryptocurrency hearing yesterday. “If the United States were to decide, and I’m not […]
The post US Senator: Even If We Wanted To, We Couldn’t Ban Bitcoin appeared first on CCN Markets
A web developer for one of cryptocurrency’s biggest scams has been arrested. Dhaval Mavani, who developed Bitconnect’s website was apprehended in New Delhi after being deported from Abu Dhabi. A warrant for his arrest was issued last year in August, per the Times of India. Mavani was reportedly hired in 2017 by the alleged head […]
The post Indian Bitconnect Dev Arrested for Promoting Shi**y Multi-Billion Scam appeared first on CCN Markets
The Chinese maker of Bitcoin mining hardware Canaan Creative is allegedly seeking to go public in the U.S. Per a report which appeared on a Chinese social media platform, Canaan has already filed the application documents with the Securities and Exchange Commission. The cryptocurrency mining rigs maker is seeking to raise approximately $200 million from […]
The post Chinese Bitcoin Mining Giant Files For $200 Million US IPO: Report appeared first on CCN Markets
CALABASAS, CA (July 31, 2019) – Online travel agency CheapAir.com and Bitcoin.com today announced a partnership to serve crypto travelers. Beginning today, more than 4 million Bitcoin.com Wallet users will be able to access CheapAir.com’s booking engine from their mobile app. The partnership will help crypto travelers find the best deals on flights and hotels around the world.
In 2013, CheapAir.com became the first U.S.-based online travel agency to accept Bitcoin payments for flights and hotels. CheapAir.com now accepts payment in Bitcoin Cash (BCH), Ethereum, Litecoin, and Dash. We’ve worked to build a loyal following of crypto users over the years, and build a strong technical platform to support them.
“At CheapAir.com we’re big fans of Bitcoin and we believe people deserve the freedom to use whatever payment methods that fit their lifestyle and values,” said Jeff Klee, CEO of CheapAir.com. “We wanted to partner with Bitcoin.com because of the great work they have done within the Bitcoin community, promoting crypto acceptance around the world. We value our crypto customers and support their efforts to build a more diverse and evolved financial system.”
“Bitcoin.com is really excited to spread real world BCH adoption with CheapAir. Paying for flights and hotels with Bitcoin Cash has never been easier,” said Stefan Rust, CEO of Bitcoin.com.
Travelers who book at CheapAir.com with a cryptocurrency are covered by Price Drop Payback™, which offers up to $100 USD in travel credit if airfares go down after purchase.
CheapAir.com also offers a ton of data and analytics to help travelers get the best airfares. Travelers can use the When to Buy Flights widget to find pricing patterns for an itinerary or check out the newest airfare study to learn about the macrotrends.
About Bitcoin.com
Bitcoin.com is supercharged to change the world with Bitcoin Cash (BCH). Our suite of developer tools has been downloaded 36,000+ times from over 100 countries. Our team is the heart and soul of the Bitcoin Cash industry. We’re committed to making BCH available to all people, whatever their age, gender, nationality or financial status.
For more information: visit https://www.bitcoin.com/
About CheapAir.com
Headquartered in Calabasas, CA, CheapAir’s team of 125 travel enthusiasts use cutting edge technology, a boatload of airfare data, and superior customer service to make it easier to buy affordable airline tickets. We’ve built a proprietary shopping engine that scours the web for the lowest prices in a simple, easy to navigate display. We’ll also tell you which flights have amenities and extra fees, so you can make sure you are comparing apples to apples. For expert travel advice, deals and inspiration connect with us on Facebook and Twitter.
Supporting Link
http://www.cheapair.com?uid=397
The post PR: CheapAir.com and Bitcoin.com Partner to Serve Bitcoin Cash Travelers appeared first on Bitcoin News.
Amsterdam, Netherlands — July 30, 2019 — Dusk Network, the privacy-oriented blockchain protocol, has announced the public release of its Testnet (Shin 殉星). Testnet Shin features the first-ever implementation of private Proof of Stake, made possible by the novel Segregated Byzantine Agreement (SBA) consensus protocol and zero-knowledge cryptography. With the release of their Testnet, the […]
The post Dusk Network Releases Groundbreaking Private Proof Of Stake Protocol Testnet appeared first on CCN Markets
It’s always a good idea to read over the 10-Q and 10-K SEC filings of public companies. Occasionally, you may catch something in those filings that weren’t discussed in the quarterly earnings report, or mentioned during the conference call. Sometimes, a little change in the language used can tip you off that the company may […]
The post Does Tesla Know Something About China It Isn’t Telling Us? appeared first on CCN Markets
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China’s Center for Information and Industry Development has published its latest crypto rankings. Thirty-seven projects have been evaluated and ranked overall as well as in three separate categories. Some favorites have changed and two projects have been added to the previous list of projects ranked.
Also read: G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments
The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released the 13th update of its crypto project rankings Tuesday. The total number of projects ranked has grown to 37, with two projects added since the last rankings in May.
In addition to the overall ranking, the CCID evaluated all 37 projects based on their basic technology, applicability, and creativity. EOS remains at the top of the overall ranking, followed by Ethereum and then TRON. The center started ranking TRON in February, debuting it at number two overall. However, in the latest ranking, TRON dropped to third place, replaced by Ethereum. BTC now ranks 11th, up one place from May. BCH has also improved, currently occupying the 26th spot overall, up from the 29th place previously.
Two other public chains have been added to the previous list of projects ranked — Cosmos and Zilliqa. The former is “an ecosystem of blockchains that can scale and interoperate with each other,” the project’s website details. “Before Cosmos, blockchains were siloed and unable to communicate with each other. They were hard to build and could only handle a small amount of transactions per second. Cosmos solves these problems with a new technical vision.” Cosmos debuts at number 10 in the overall CCID ranking, just below STEEM and above Bitcoin.
The latter proposes “Transaction sharding to improve transaction performance,” the CCID described. “In addition, Zilliqa uses the new smart contract language Scilla to prevent security vulnerabilities that often occur in Solidity, making it easier to perform formal verification.” This project debuts at number 24 in the CCID overall ranking, just below Stratis and above Tezos.
The CCID explained Tuesday that the evaluation model used has not changed and the projects are still being evaluated overall as well as in three other areas: Basic Technology, Applicability and Creativity.
The first sub-index, Basic Technology, mainly evaluates the technical realization level of the public chain, the center detailed, adding that it mainly inspects areas such as function, performance, safety and decentralization of the public chain. This sub-index accounts for 65% of the total index. “The average of the overall underlying technology index has slightly decreased from the previous period,” the CCID revealed.
The second sub-index, Applicability, mainly evaluates the comprehensive level of public chain support for practical applications, the center described, adding that this sub-index accounts for 20% of the total index. Four key aspects are examined for this assessment: “node deployment, wallet application, development support and application implementation.” The center noted that “Compared with the previous list, the top five of the applied indicators list did not change.”
The third sub-index, Creativity, mainly examines the continuous innovation of the public chain. According to the center, for this index, the projects were evaluated based on factors such as the number of developers, how recently and often the code is updated, and which other projects have influenced the code. This sub-index accounts for 15% of the total index.
The CCID describes itself as “a first-class scientific research institution directly under the administration of the Ministry of Industry and Information Technology of China.”
The first crypto ranking was published in May last year. A week before its release, on May 11, the center held a symposium on public blockchain technology assessment in Beijing and unveiled the latest progress of the crypto project assessment work carried out by the CCID (Qingdao) blockchain research institute, an entity established by the center. It added that the crypto ranking and evaluation work was done in collaboration with multiple parties such as the CCID think tank and the China Software Evaluation Center. “The result of this assessment will allow the CCID group to provide better technical consulting services for government agencies, business enterprises, research institutes, and technology developers,” the center clarified.
When the first ranking was unveiled to the public, Quartz wrote: “Today (May 17), the China Center for Information Industry Development (CCID), a research unit under the country’s industrial ministry, officially launched its monthly ratings index on 28 crypto coins and the blockchains behind them.” The publication elaborated, “The CCID announced the initiative last week, citing the lack of an independent analysis of crypto and blockchain as a guide for governments, enterprises, and research institutes around the world.”
There have been some positive developments out of China lately regarding cryptocurrency. According to local media, Hangzhou Internet Court has recognized bitcoin as a commodity in what the publication described as the first case of bitcoin property infringement dispute. “On July 18, this court confirmed the ‘virtual property’ attribute of bitcoin, which is the first time that Chinese courts have determined the virtual property attribute of digital currencies,” according to the news outlet.
In addition, Bank of China, one of the largest state-owned commercial banks in the country, published an infographic on July 26 about bitcoin, how it works, and why the price is going up. The cryptosphere views this move as bullish.
What do you think of the latest CCID ranking update? Let us know in the comments section below.
Images courtesy of Shutterstock and the CCID.
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The post China Publishes New Rankings of 37 Crypto Projects appeared first on Bitcoin News.
Libra is under attack from a big name in the tech world, again. Mark Cuban, the billionaire owner of the Dallas Mavericks and recurring Shark Tank guest, has already called Facebook’s new digital currency “dangerous” and “a big mistake.” Now he’s doubling down on that prediction, suggesting that it could be even worse than he […]
The post Tech Billionaire Mark Cuban Doubles Down on Potentially Deadly Libra appeared first on CCN Markets
Electronic Arts delivered middling earnings and a revenue beat, which investors apparently approve of enough to send the stock higher by 5 percent in after-hours trading. With the gaming industry constantly going through changes, it’s critical to stay on top of what the numbers say and mean in order to avoid getting caught in […]
The post Electronic Arts Rises on Earnings Because Games Are Killing It appeared first on CCN Markets
Chinks are starting to appear in Apple, as quarterly earnings were generally unimpressive. When Apple reports a quarter like this, the stark contrast between the visionary Steve Jobs and game–manager Tim Cook becomes readily apparent. Sad, Sad Numbers Product revenues for the quarter were $42.35 billion, which is an incredible number on an absolute basis. […]
The post Apple Earnings Fall yet the Stock Pops. What Gives? appeared first on CCN Markets
Cryptocurrency fan and Democratic presidential candidate Andrew Yang may be gaining popularity, but he’s basically being kicked to the curb by the DNC. Analysis by SimilarWeb cited in Yahoo Finance reveals that Yang has taken the No. 3 spot for website traffic among the pool of Democratic presidential hopefuls, behind Bernie Sanders and Elizabeth Warren. […]
The post Crypto Star Andrew Yang Snubbed by DNC Ahead of Key Debate appeared first on CCN Markets
EA Sports announced today that retired French soccer superstar Zinedine Zidane will be featured on the cover of the Ultimate Edition of FIFA 20, slated for release in September. The one, the only, Zizou 🤩 🙌 On the cover of the #FIFA20 Ultimate Edition and in #FUT20 as an ICON 💪 Pre-Order the Ultimate Edition […]
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First-quarter financial results released by Sony today reveal that digital sales of PlayStation 4 games surpassed those of their physical counterparts, marking the first time the balance has shifted in the favor of digital content. Digital downloads on the platform accounted for 53% of full game software sales from the start of the year to […]
The post PlayStation 4 Digital Game Sales Overtake Physical. That’s a First appeared first on CCN Markets
In the last few days, bitcoin bulls have been working really hard to put together a significant rally. Unfortunately, every attempt to bounce back has been met by a selling wall. Consequently, the king of cryptocurrencies is now close to breaking support of $9,000. What’s positive about a weakening bitcoin is that it gives badly […]
The post Three Cryptos Are Showing Strength Against Bitcoin. One Is Binance Coin appeared first on CCN Markets
Senator Ted Cruz tweeted Monday that he grew a beard to keep people from confusing him with Kevin Malone from The Office. That was in response to a story in the New York Post about 2020 Democratic presidential hopeful Julian Castro. Apparently, the former Obama HUD Secretary’s identical twin brother (a US representative from Texas) […]
The post Ted Cruz Exposes His Doppelganger on The Office – Hint: It’s Not Dwight appeared first on CCN Markets
Self-proclaimed bitcoin inventor Craig Wright torched crypto evangelists Roger Ver, Vitalik Buterin, and Binance CEO Changpeng Zhao as con artists who are projecting their own criminality onto him. Wright says the trio — along with developer Greg Maxwell — have defamed him as a fake Satoshi Nakamoto, all while they operate Ponzi schemes and defraud […]
The post ‘Bitcoin Inventor’ Craig Wright Rips Roger Ver, Vitalik & CZ in Epic Rant appeared first on CCN Markets
Call of Duty: Modern Warfare fans, rejoice! Infinity Ward is bringing back killstreaks, but in keeping with the game’s controversial rollout, what should have been a universally-popular announcement has many questioning whether Activision went too far. Killstreaks were a staple of the Call of Duty franchise before they inexplicably disappeared in favor of snooze-worthy “scorestreaks.” […]
The post WTF Call of Duty? New Killstreak FORCES Gamers to Commit War Crime appeared first on CCN Markets
Popular Bitcoin block explorer website Blockchain.com is expanding into crypto trading thanks to a newly launched platform dubbed The Pit. The exchange is based in London and will offer a multitude of trading pairs for bitcoin, Ethereum, Bitcoin Cash, Tether, Litecoin, and Paxos. The company, which claims a user-base of over 40 million crypto wallet […]
The post Blockchain.com Launches Speedy Crypto Trading Platform ‘The Pit’ appeared first on CCN Markets
Elon Musk just gave us a tantalizing glance into Tesla‘s future, and it has nothing to do with an all-electric pickup truck – or electric vehicles at all. Instead, it’s a nondescript power bank that few people will ever see, much less purchase. It’s called the Tesla Megapack. If you read the announcement, you might […]
The post Elon Musk’s Megapack Will Save Tesla – But That’s Only the Beginning appeared first on CCN Markets
Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are celebrating Bitcoin’s exclusion from this clause, others find the move away from hard cash somewhat chilling. After all, if this finally goes through, banks and the state will be given sole power to deny or approve any and all purchases above this limit. Crypto is not yet affected, but when cash is erased, and the control grid is tightened, be sure that centralized shitcoins are not going to save anyone, either.
Also Read: Five of the Most Important Use Cases for Cryptocurrency
There’s always been a lot of zealous hype in crypto circles. Search “bitcoin” on Twitter and you’ll be overwhelmed with an avalanche of largely meaningless noise. “Feeling really bullish right now thanks to X, Y, Z!” “If you don’t have any Bitcoin by now, you’re doing it wrong.” “Crypto #Revolution.” These hyped-up voices flash in the pan like cheap sparklers, and tend go quiet when the markets tank. They talk about being “unbanked” and the revolution of all things “powered by blockchain.”
But at the end of the day, what the hell does all this really mean? A lot of people seem to think that freedom in finance can come easily, without a fight or intentional action. That the dynasty of powers that be are just going to roll over and accept a money they cannot control. For all the shouts of “ditch fiat!” and “why are people still using statist play money?” very few seem to understand the real score, which is this: there’s no war being waged on your technology, but on its ability to provide you with financial autonomy, self-sufficiency, and privacy.
The really bad news for these folks, though, is that if Australia pushes through this ban on cash purchases, and they are forced to use only digital assets and credit, it doesn’t matter how much of whatever centralized crypto shitcoin anyone holds. At that point, the state is in control, and fiat cash–as evil as it is–would be a lot more friendly.
The alliance of Five Eyes nations (FVEY) really seems to have chosen Australia as a testing ground for implementing Orwellian, anti-privacy measures. Aussies are no longer allowed to be secure in their communications thanks to a controversial new law outlawing encrypted devices and chat applications. Now they are moving away from the privacy of paper money as well. This ostensibly to combat drug trafficking and terrorism via almost completely state-supervised monetary transactions for everyone.
It likely won’t be long until similar laws make their way into other FVEY countries like the United States, the U.K., Canada, and New Zealand. If that happens, the only cryptocurrencies that will be able to help secure value are those that are open source, private, secure and decentralized. Not surprisingly, these are the very coins now being specifically targeted by these nations, and slandered as “tools for criminals.”
If sound money is to survive this financial tyranny, it seems there might be some kind of battle. Many believe technological innovation can make this struggle a more or less peaceful one. When dealing with groups that do not respect the individual, inalienable rights of human beings to their bodies, minds, and property, however, there always comes a point where “no” must be uttered.
Whether it be boldly proclaimed from a stage in the spotlight or silently through a private action or transaction, it still must happen. There is no change without conscious, human action. Bitcoin allows for this by being decentralized. No state has control over the network. “No” is still an option. “No” is still somewhat of an option with fiat paper as well, as much as sensationalists might hate to hear it, or fear to say it.
These aforementioned hypesters don’t get that the propagandized fiat money they rail against (and indeed they are correct in their criticisms) is still much more private and useful than a centralized, government-regulated digital money could or ever would be. The Ripple crowd, for example, brags about how realistic and adoption-friendly they are, the company itself writing a saccharine, syrupy letter to Congress on July 29. They speak about wanting to comply with whatever regulations must be put in place:
We don’t take for granted the vital role of central banks in issuing currencies and setting monetary policy in concert with the complex dynamics of economies around the world. For centuries, governments have been well suited for the job because paramount to the acceptance of any currency is trust.
Well-suited? For what job? Is debasing and devaluing people’s money, letting terrorists and violent traffickers off the hook, and losing trillions, spending trillions to finance the death and destruction of hundreds of thousands in war and democide “well-suited”? They’ve lost their minds.
If crypto is to be useful, it has to resemble the models of gold and cash, as far as privacy and user autonomy is concerned, and improve upon them immensely–not make a mealy-mouthed return to state-sponsored, central bank-controlled play money irrelevancy. Imagine being an Australian business owner and trying to buy something, but it’s too expensive to pay for with cash. For whatever reason, your bank cannot approve the purchase. Your account is frozen, or their servers are down. You’re stuck. This issue doesn’t exist with physical money. But it already does with bank accounts and centralized crypto exchanges.
The moment someone tells you in your private life that you’re “not allowed” to have something that is rightfully yours, and they try to steal it, you cease trusting them, and cut off the relationship. Why, when it comes to the state, should things be any different?
Like a patient off his head on painkillers, these people talk about pie-in-the-sky crypto utopias to be brought about by “blockchain revolutions” controlled by the very people who oppress them the most. Writing letters to Congress. Laughing at the “idealists” who wish to retain the keys to their holdings.
When cash is out, erased, kaput, if blockchain is going to save people, it’s going to be secure money, and not state shitcoins or digital, bank-regulated credit and debt. What the poor Twitter zealots have missed is that this peaceful resistance for non-violent money called the “crypto revolution” is not about just “getting rich,” but at its root is about preserving the dignity of precious, individual human life everywhere.
What are your thoughts on Australia’s move to ban cash, and on centralized crypto tokens? Let us know in the comments section below.
OP-ed disclaimer: This is an Op-ed article. The opinions expressed in this article are the author’s own. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the Op-ed article. Readers should do their own due diligence before taking any actions related to the content. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any information in this Op-ed article.
Images courtesy of Shutterstock
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The post When Cash Is Banned, Centralized Cryptos Are Not Going to Save You appeared first on Bitcoin News.
As we march towards the release of CD Projekt Red’s next open-world RPG opus Cyberpunk 2077, the developer behind The Witcher series has regaled prospective players with a steady trickle of tantalizing new snippets about the game. Among details about Cyberpunk 2077’s take on religion and the slowly fading glare of Keanu Reeves’ E3 spectacle, […]
The post Cyberpunk 2077 Maker Is Gaming’s Good Guy & Deserves All Your Cash appeared first on CCN Markets
Despite the lack of decisiveness in the bitcoin market following the dominant crypto asset’s abrupt drop from $14,000 to $9,500, many analysts – even bearish ones – generally remain confident that the bitcoin price is heading towards a new record high in 2020. On CNBC’s Squawk Box, as CCN reported, prominent news anchor Joe Kernen […]
The post Even Bitcoin Bears Think the BTC Price Could Hit New Record in 2020 appeared first on CCN Markets
2019 will be known as the enterprise-to-enterprise boom in blockchain. B2B Blockchain companies will out-perform the market because they provide the tools that other businesses need in order to survive. 82 percent of Fortune 100 companies are researching how they can implement blockchain technology into their current business model. IBM is leading the charge in […]
The post RISE Aims to Take B2B Blockchain Space By Storm appeared first on CCN Markets
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OKEx Celebrates First Anniversary in Malta OKEx, a leading global crypto exchange, is set to celebrate the first anniversary of launching its headquarters in Malta. Since its launch one year ago, the firm joined hands with MSX, Malta Stock Exchange Holdings’ digital and FinTech arm. Through this partnership, the two parties rolled out OKMSX, an […]
The post OKEx launches OKMSX for Security Token in 2020 and co-host DELTA Summit Tech Week this Oct appeared first on CCN Markets
The Dow suffered a vicious setback on Tuesday after President Donald Trump unleashed a devastating tweetstorm rebuking China for its behavior throughout the trade war. The attack, which came just as the two countries were on the cusp of resuming face-to-face negotiations following a frosty standoff, sent another chill through Wall Street. Dow Lurches Toward […]
The post Dow Cringes After Trump Unleashes Devastating China Rebuke appeared first on CCN Markets
India’s trade association for the information technology sector has criticized a proposal by a government committee to ban cryptocurrencies, Business Standard reports. According to the National Association of Software and Services Companies (Nasscom), regulations for the cryptocurrency sector are preferable to a ban. This is because, in Nasscom’s view, a ban will only hurt the […]
The post Powerful Indian Tech Lobby Blasts Government’s Proposed Cryptocurrency Ban appeared first on CCN Markets
The Federal Reserve is poised to cut the base rate on Wednesday for the first time since the global financial crisis. The big question is what happens to the Dow and the S&P 500? Which Dow stocks will benefit from monetary easing at the Fed and which will suffer? CNBC tracked the stock market’s performance […]
The post Dump These Dow Stocks When the Fed Cuts Rates Wednesday: CNBC Report appeared first on CCN Markets
Ripple CEO Brad Garlinghouse has stated that the high level of scrutiny that Facebook has invited from regulators and policymakers with regards to the Libra cryptocurrency efforts is of the social media giant’s own making. Speaking on Bloomberg TV, Garlinghouse suggested that Facebook may have gone too far by stating in its white paper that […]
The post ‘Arrogant’ Facebook Sabotaged Itself With Libra Approach, Claims Ripple Chief appeared first on CCN Markets
Mark Zuckerberg’s Facebook is reportedly working on a back-door content-scanner for WhatsApp, tantamount to a wiretapping algorithm. If the reports are correct, Facebook will scan your messages before you send them and report anything suspicious. It’s a huge violation of privacy and renders WhatsApp’s end-to-end encryption pointless. Facebook will do the same thing with its […]
The post Zuckerberg Plans to Wiretap Whatsapp. He’ll Do the Same to Libra appeared first on CCN Markets
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Last week, Alexandria Ocasio–Cortez made several misleading statements regarding stock buybacks in Congress, as part of her push to ban such buybacks. Rep. Alexandria Ocasio-Cortez (@RepAOC/@AOC) and @P4AD President David Mitchell on stock buybacks: 🎥 http://bit.ly/2STDfPh pic.twitter.com/XmVaIMAKkO — CSPAN (@cspan) July 26, 2019 That being said, AOC did make a good point regarding stock buybacks […]
The post AOC is Right on Stock Buybacks, But For All the Wrong Reasons appeared first on CCN Markets
Swiss-based financial technology company SMART VALOR has announced today that it has launched the Digital Asset Exchange, with strong institutional investor support. Zug, Switzerland – July 30th 2019, Today, Swiss-based SMART VALOR, a digital asset exchange, went live with an initial offering of 9 Crypto-Fiat trading pairs. It is the first exchange operated out of […]
The post First Integrated Digital Asset Exchange Goes Live in Switzerland Supported by Leading Institutional Investors appeared first on CCN Markets
Jeremy Allaire’s Circle issued a U.S. dollar-backed stablecoin before stablecoins were cool. Now that Facebook has joined the fray with its Libra coin, which is designed to be backed by a basket of fiat currencies (and maybe other financial instruments), the spotlight on stablecoins has grown brighter. But Allaire, who is testifying in front of […]
The post Jeremy Allaire’s Circle the Latest to Distance Itself from Facebook’s Libra appeared first on CCN Markets
Beyond Meat reported its quarterly earnings on Monday. The numbers are not terribly impressive and hardly justify Beyond Meat’s stock valuation. Yet the company made a separate announcement that tanked the stock and will continue to tank the stock going forward. First, though, here are the important numbers and how to interpret them. Beyond Meat […]
The post Beyond Meat Tanks 13 Percent After-Hours Because of This Terrible News appeared first on CCN Markets
Just as monetary policymakers couldn’t appear to be more hypocritical by singling out the emerging cryptocurrency industry for being too loosey-goosey, fate has stepped in. When things seemingly couldn’t get any worse for Deutsche Bank, the Wall Street firm is now troubleshooting a possible security breach involving sensitive client information, according to a report in […]
The post Crypto Land Looks on as Wall Street Suffers Another Security Breach appeared first on CCN Markets
Ask not for whom the bell tolls, Facebook. It tolls for thee, says bitcoin bull Lou Kerner. The crypto investor says Facebook is on its last legs, and even its over-hyped stablecoin project, Libra, can’t save it. Kerner made the ominous predictions in a Medium blog post, where he rebuked Wall Street for being blind […]
The post Bitcoin Bull Lou Kerner: Facebook Is Dying and Libra Is Dead on Arrival appeared first on CCN Markets
Tesla CEO Elon Musk casually dropped a mesmerizing announcement on Twitter over the weekend, teasing that the electric vehicle manufacturer’s “magic” pickup truck could be unveiled within the next quarter. We’re close, but the magic is in the final details. Maybe 2 to 3 months. — e^👁🥧 (@elonmusk) July 27, 2019 There’s been a deluge […]
The post Elon Musk Boasts That His ‘Magic’ Tesla Pickup Will Beat Ford’s to Market appeared first on CCN Markets
Apple’s first two quarters this year have been less than stellar, and bearish experts predict that the iPhone maker’s stock could register a sharp plunge when it announces its fiscal third-quarter results. A Yahoo! Finance survey of 35 analysts reveals an earnings per share (EPS) estimate of $2.10. This figure is a 10.3% decrease from […]
The post Apple Earnings Preview: Why This Stock’s Best Days Are NOT Behind It appeared first on CCN Markets
As if having to return to work on Monday following a relaxing weekend wasn’t bad enough, corporate drones throughout the virtual world must grapple with an even more frustrating problem: Slack is down. Downdetector.com confirms the Slack outage, which apparently began at 10:50 am ET – just as US workers on the East Coast were […]
The post Breaking: Slack Is Down, Twitter Goes Berserk appeared first on CCN Markets
YOUNIQX Identity AG, a subsidiary of Austria’s official passport manufacturer announced on Monday that it has launched a crypto hardware wallet solution known as the Chainlock Card. The company cites research into exchange fraud or hot wallet vulnerabilities as one of the key reasons for developing the product. YOUNIQX claims it has developed a “forgery-proof” […]
The post Austria’s Official Passport Maker Launches a Crypto Hardware Wallet appeared first on CCN Markets
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