Blockchain

By CCN.com: The privacy-focused cryptocurrency Zcash has fallen by nearly 15 percent this week as Bitcoin’s dominance approaches 70 percent. According to CoinMarketCap, Zcash was trading at slightly over $66 seven days ago but is now just under $56, a decline of approximately 15 percent that forced its market cap below $400 million. Zcash has declined by nearly 15% in the last seven days | Source: TradingViewAmong the leading 30 altcoins by market cap, Zcash’s decline is only eclipsed by...

The bitcoin price slid below the $11,000 mark for the first time in more than a week on Tuesday, as the flagship cryptocurrency’s burgeoning inverse correlation with the S&P 500 came back to bite investors. Bitcoin Price Careens Below $11,000 Bitcoin had entered the day trading sideways in the low $11,000s, where it had more or less languished since the Saturday sell-off that followed BTC’s brief foray above $12,000 last week. The dam broke around 10 am ET, and the bitcoin price...

Early on Monday, CCN.com brought to light the misadventures of an insidious scammer pretending to be none other than the Bitcoin renegade himself, John McAfee. McAfee: Twitter Never Even Responds to My Crypto Scam Reports After we tipped off McAfee and his wife, Janice, to the fraudulent article in question, John responded by sharing his frustration with an issue that continues to plague the crypto community at large: Twitter bitcoin scams. Speaking with CCN.com, McAfee said: “This...

Caption: Hey, you Bitcoin, are you protected under the Constitution? As the price of Bitcoin continues to rise, those who are not too bullish about the long-term future of cryptocurrency will continue to doubt the obstacles that lay ahead. In fairness, they have a good mind, too. Still, there may be one overlooked reason why the USA would struggle to ban Bitcoin entirely: A Bitcoin ban may go against the First Amendment protection of free speech. The Situation  Bitcoin exists as a...

While Coinbase is still the place many Americans go for their first cryptocurrency purchase, another crypto exchange has them backpedalling. As the Malta-based exchange Binance continues its rise to the top, Coinbase is making moves to ensure they don’t become “Yahoo!” to Binance’s “Google.”The San Francisco-based platform just announced that they’re looking to add eight new coins to their exchange. In a recent blog post, Coinbase stated that they’re considering adding the following...

Ben Brown Ben is a journalist with a decade of experience covering financial markets. Based in London, UK, his writing has appeared in The Huffington Post and he was Chief Editor at Block Explorer, the world's longest-running source of Blockchain data. Reach him at benjamin-brown.uk, Twitter at _Ben_Brown or MuckRack. Email ben @ benjamin-brown.uk.

Bitstamp, Europe’s largest cryptocurrency exchange, and BCB Group, one of the world’s leading global digital asset prime brokers, today announced a new partnership that will enable investors from the UK to transfer GBP directly to and from their Bitstamp accounts. Through this partnership, Bitstamp will be able to support deposits and withdrawals directly in GBP, providing increased efficiency and reduced costs for clients. The new GBP service will be available to Bitstamp’s customers by...

Switzerland crypto laws have appealed to blockchain enthusiasts for years. Facebook’s head of blockchain, David Marcus, is no exception. He released a statement announcing that he expects the new coin to be governed by Swiss law.“Because the (Libra) Association is headquartered in Geneva, it will be supervised by the Swiss Financial Markets Supervisory Authority (FINMA). We have had preliminary discussions with FINMA and expect to engage with them on an appropriate regulatory framework for...

TNC IT Solutions Group (TNC) is a global blockchain development firm based in Dubai, UAE. With the vision of uniting the cryptocurrency world, TNC has formally introduced the company’s major objectives, business strategies, and synergized ecosystem during the official event launch yesterday, July 16, at the Rockefeller Center in New York. The opening keynote for the event was delivered by the Free Republic of Liberland’s Global Honorary Ambassador-at-Large Steven Melnik. He spoke about...

Media Release: Fantom Foundation Partnership Announcement: Fantom Foundation partnership with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum and SEED Group. Fantom Foundation is pleased to announce their partnership with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum. This partnership will see Fantom Foundation establish an operational presence in Dubai. Dubai has committed to becoming a world-leader in blockchain adoption as part of Smart Dubai initiative. Dubai aims to...