News


HTC’s Latest Blockchain Phone Can Run a Full Bitcoin Node   (Coindesk - Oct 19)

The Taiwanese electronics giant has launched the Exodus 1s phone with a built-in hardware wallet and the ability to support a bitcoin node.


SEC’s Court Hearing on Telegram Token Delayed Till Next Year   (Coindesk - Oct 19)

The messaging app company and the SEC will now meet next February to debate the regulator's claim the gram token is a security.


Crypto Derivatives: On Misleading Measurements   (Coindesk - Oct 19)

Noelle Acheson shows how using notional volumes to compare derivatives markets to spot is misleading – but, for now, it’s all we’ve got.


Fidelity Digital Assets Opens to All Qualified Investors   (Coindesk - Oct 19)

Fidelity Digital Asset Services is rolling out its custody and trading platform to all qualified clients, after initially expecting it to launch in March.


With 18 Million Bitcoins Mined, How Hard Is That 21 Million Limit?   (Coindesk - Oct 18)

The 18 millionth bitcoin is about to be mined. Though the remaining 3 million will take 120 years to mint, some question the certainty of the original hard cap.


FATF Joins BIS in Calling Stablecoins ‘Global Risk,’ Citing Money Laundering Concerns   (Coindesk - Oct 18)

Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday.


Kik Sells Messaging App, Reaffirms Kin Crypto Integration   (Coindesk - Oct 18)

Kik has sold its messaging business to a holding company called MediaLab but plans to continue enabling Kin on the platform


Circle to Spin Out Poloniex Less Than 2 Years After $400 Million Takeover   (Coindesk - Oct 18)

Less than two years after paying $400 million to acquire Poloniex, Circle is spinning out the crypto exchange to an Asian investor group.


Digital Securities Exchange Taps R3’s Blockchain for Post-Trade Activities   (Coindesk - Oct 18)

U.K.-based Archax has inked a deal to use R3's Corda Enterprise to handle post-trade processes for its digital securities exchange.


Fake Tor Browser Has Been Spying, Stealing Bitcoin ‘For Years’   (Coindesk - Oct 18)

Hackers have been distributing a compromised version of the official Tor Browser that's packed with malware designed to steal bitcoin.


Looming Death Cross Suggests Bitcoin May Be Nearing Price Bottom   (Coindesk - Oct 18)

An impending death cross, a bearish but lagging indicator, suggests bitcoin could be nearing a major bottom.


Binance Hikes Leverage to 125x for Launch of Bitcoin-Tether Futures   (Coindesk - Oct 18)

Binance’s futures exchange is raising leverage to 125x with the launch of BTC/USDT contracts today.


Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7   (Coindesk - Oct 18)

A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability.


What to Make of the SEC’s Latest Bitcoin ETF Rejection   (Coindesk - Oct 18)

The bitcoin market isn't mature enough to support an ETF, said the SEC in its latest rejection of the concept. So what now?


Tourists in Popular Japanese Region Could Soon Use a Local Cryptocurrency   (Coindesk - Oct 18)

Mitsubishi Research Institute and an Osaka-based railway company are issuing a local cryptocurrency for use in a popular tourist area in Japan.


Crypto Exchange Upbit’s Operator Eyes Blockchain in OTC Securities Trading   (Coindesk - Oct 18)

Dunamu, the operator of Upbit, is releasing a new app this month for trading unlisted securities with a plan to add in blockchain next year.


Cambodia’s Central Bank Testing Digital Wallet to Ease Cross-Border Payments   (Coindesk - Oct 18)

Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help.


Cambodia’s Central Bank Testing Digital Wallet to Ease Cross Border Payments   (Coindesk - Oct 18)

Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help.


Huobi Plans to Open Fiat Gateway with Lira-Tether Pairing in Turkey   (Coindesk - Oct 18)

Global crypto exchange Huobi plans to roll out a fiat gateway in Turkey that could increase access to more than 250 cryptocurrencies for local investors.


WATCH: How JET8 Is Injecting Crypto Into the Social Media Value Chain   (Coindesk - Oct 18)

Jet8 is taking a new approach to social media and data ownership using blockchain.


Facebook’s Libra Just Got Its First Major Supporter in Congress   (Coindesk - Oct 17)

Bucking a trend, Sen. Mike Rounds (R-S.D.) wrote a letter praising Libra as a technological advance that he feels is needed.


What Facebook CEO Mark Zuckerberg Said in His Defense of ‘Free Expression’   (Coindesk - Oct 17)

No mention of Libra.


WATCH: Our On Tap Meetup In Tokyo United Japanese Blockchain Fans With the Global Makers   (Coindesk - Oct 17)

Our first Tokyo meetup, held with our friends at CoinDesk Japan, brought together investors, devs, and crypto lovers.


Libra Shows Central Banks’ Failure on Cross-Border Payments: Riksbank   (Coindesk - Oct 17)

A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.


Telegram Responds to SEC: Gram Tokens Are Not Securities   (Coindesk - Oct 17)

Telegram is pushing back against the U.S. Securities and Exchange Commission (SEC).


France’s Le Maire Attacks Facebook’s ‘Political’ Ambitions With Libra   (Coindesk - Oct 17)

The French finance minister has said Libra is an "unacceptable" challenge to state sovereignty and suggested political motives behind the project.


Blockchain-Shy Bank of America Quietly Pilots Ripple Technology   (Coindesk - Oct 17)

Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.


Shellfish Plant Is Putting Scallops on IBM’s Food Tracking Blockchain   (Coindesk - Oct 17)

The system records the weight and location of the scallops as they are taken from the ocean and tracks them across the supply chain.


Bitcoin Price May Test $7,750 as Selling Pressure Grows   (Coindesk - Oct 17)

Bitcoin is looking increasingly weak, having closed below $8,000 on rising trading volumes Wednesday.


CFTC Takes Action Against Crypto Options ‘Ponzi Scheme’   (Coindesk - Oct 17)

Purported crypto and forex investment firm Circle Society is accused by the CFTC of operating like a Ponzi scheme.


Venezuelan Migrants Are Using Bitcoin for Remittances, But There’s a Catch   (Coindesk - Oct 17)

For many of these bitcoin users, crypto payments are merely a last resort and fiat transfers are still generally easier.


The Warren Buffett Effect: Jim Cramer Joins Billionaire’s BoA Bandwagon   (Cryptocoinsnews - Oct 17)

CNBC Mad Money host Jim Cramer proved that the Warren Buffett effect is alive and kicking on Wednesday evening. The bombastic money manager cited billionaire Buffett’s plans to increase his investment in Bank of America (NYSE: BAC) as one of a multitude of reasons to buy big banking stocks. Cramer Backs Warren Buffett On BoA […] The post The Warren Buffett Effect: Jim Cramer Joins Billionaire’s BoA Bandwagon appeared first on CCN.com


Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound   (Coindesk - Oct 17)

Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live.


Bitcoin Price Collapses Under $8,000 Again as Traders Fear Bigger Fall   (Cryptocoinsnews - Oct 17)

The bitcoin price has dropped below $8,000 once again and traders are preparing for a larger pullback in the cryptocurrency market. On October 11, when the bitcoin price spiked to $8,800, the probability of a short term trend reversal to the upside initially increased. However, following a hard rejection down to $8,200 within a span […] The post Bitcoin Price Collapses Under $8,000 Again as Traders Fear Bigger Fall appeared first on CCN.com


Pound Collapses as Brexit Deal Crumbles in Flames   (Cryptocoinsnews - Oct 17)

Any hopes of securing a last-minute Brexit deal today went up in flames as the Northern Irish Democratic Union Party (DUP) said they couldn’t support Boris Johnson’s latest proposals “as it stands”. The British pound immediately fell 0.6% against the dollar. In a statement issued on Twitter, the DUP outlined: “We have been involved in […] The post Pound Collapses as Brexit Deal Crumbles in Flames appeared first on CCN.com


Breaking: Pound Collapses as Brexit Deal Crumbles in Flames   (Cryptocoinsnews - Oct 17)

Any hopes of securing a last-minute Brexit deal today went up in flames as the Northern Irish Democratic Union Party (DUP) said they couldn’t support Boris Johnson’s latest proposals “as it stands”. The British pound immediately fell 0.6% against the dollar. In a statement issued on Twitter, the DUP outlined: “We have been involved in […] The post Breaking: Pound Collapses as Brexit Deal Crumbles in Flames appeared first on CCN.com


Nintendo & Blizzard Feud Amid Bizarre Overwatch Switch Launch   (Cryptocoinsnews - Oct 17)

Fresh off the last-minute cancellation of the Nintendo NY Overwatch launch event on Tuesday, the Blizzard and Nintendo relationship appears to be somewhat strained. In what is either a bizarre set of coincidences or a concerted move from the Japanese gaming giant to distance itself from last week’s highly politicized controversy, Overwatch is the battleground […] The post Nintendo & Blizzard Feud Amid Bizarre Overwatch Switch Launch appeared first on CCN.com


Samsung SDS Pilots Blockchain-Based Medical Insurance Network   (Coindesk - Oct 17)

Samsung SDS is expecting to roll out a blockchain-based medical claims processing system this month.


BiKi.com Ramps Up on Globalization at Devcon Osaka and Blockchain Life Moscow   (Cryptocoinsnews - Oct 17)

17th October, 2019, Singapore, Singapore – Of late, the various international markets have been increasingly warming up to the young digital trading assets platform, BiKi.com. With globalization initiatives well under way, the new player has seen its appeal escalate on the global scene as it continues to hop from city to city on its world […] The post BiKi.com Ramps Up on Globalization at Devcon Osaka and Blockchain Life Moscow appeared first on CCN.com


The Glaring Detail Beyond Meat Investors are Grossly Underestimating   (Cryptocoinsnews - Oct 17)

Since its IPO in May, plant-based burger maker Beyond Meat (NASDAQ:BYND) has delivered incredible returns to those investors who got on board at ground level. However, one detail hidden in the firm’s prospectus has been overlooked—an ongoing lawsuit with ex-manufacturer Don Lee. The majority of coverage on the subject has painted the case as a […] The post The Glaring Detail Beyond Meat Investors are Grossly Underestimating appeared first on CCN.com


Telegram Looks to Cut Deal With TON Blockchain Investors After SEC Order   (Coindesk - Oct 17)

Investors can choose to approve the extension or get 77 percent of their money back.


Pete Buttigieg’s Lurch to the Center Reeks of Hypocrisy   (Cryptocoinsnews - Oct 16)

Two months before officially announcing his presidential campaign, Pete Buttigieg appeared on MSNBC’s Morning Joe, selling himself as a generational and transformational presence in national politics. Not only could Buttigieg, 37, drive turnout among millennials, still the Democratic party’s most untapped base of likely supporters, but the mayor of South Bend would bring a movement […] The post Pete Buttigieg’s Lurch to the Center Reeks of Hypocrisy appeared first on CCN.com


Top Fed Official Says US Central Bank ‘Actively’ Debating Digital Dollar   (Coindesk - Oct 16)

Federal Reserve Bank of Dallas President Rob Kaplan says the U.S. dollar faces increasing threats to its status as the global reserve currency.


XFL Subjects Players to NFL-Style Meat Grinder for 89% Less Salary   (Cryptocoinsnews - Oct 16)

The latest incarnation of a secondary pro football league, the XFL, is scheduled to play following the end of the NFL season. The key question on everyone’s mind is whether it will be better than the the last attempt — the now-defunct Alliance of American Football (AAF). The answer depends on how quickly the coaching […] The post XFL Subjects Players to NFL-Style Meat Grinder for 89% Less Salary appeared first on CCN.com


CoinField Launches SOLOGENIC to Issue Stock and Fiat-backed Stablecoins on the XRP Ledger   (Cryptocoinsnews - Oct 16)

Cryptocurrency exchange CoinField shared details on its new project.  Sologenic is a sophisticated trading ecosystem for fiat-backed stablecoins or on-demand tokenized assets, including stocks and ETFs from 25+ global stock exchanges. Sologenic deploys SOLO Coins (Ƨ) for market-making and liquidity. These coins are issued on the XRP ledger (XRPL) to ensure that liquidity transactions take […] The post CoinField Launches SOLOGENIC to Issue Stock and Fiat-backed Stablecoins on the XRP Ledger appeared first on CCN.com


Gold Price Avoids Punishing Reversal After U.S. Economy’s Biggest Driver Tanks in September   (Cryptocoinsnews - Oct 16)

The price of gold rebounded Wednesday after disappointing U.S. retail sales data raised serious doubts about the health of the consumer-driven economy. Meanwhile, signs of dissent within the Federal Reserve clouded investors’ judgment about the pace and timing of future interest rate cuts. Gold Rebounds; Silver Follows Futures on December gold delivery climbed to a […] The post Gold Price Avoids Punishing Reversal After U.S. Economy’s Biggest Driver Tanks in September appeared first on CCN.com


This Game Boy Clone Is the Retro Nintendo Console You’ve Been Waiting For   (Cryptocoinsnews - Oct 16)

A new contender has joined the swelling ranks of retro consoles flooding the market in recent years – the handheld Analogue Pocket. The Analogue Pocket Is Retro Nostalgia at Its Finest Designed by retro hardware sorcerers, Analogue, the Pocket is a part re-imagining, part homage to Nintendo’s iconic Game Boy, and does so with a […] The post This Game Boy Clone Is the Retro Nintendo Console You’ve Been Waiting For appeared first on CCN.com


Could Richard Branson Send Under Armour Stock Into the Stratosphere?   (Cryptocoinsnews - Oct 16)

Under Armour (NYSE: UAA) stock is underperforming the stock market year-to-date, with 12% gains vs. 20% for the S&P 500 index. If anyone can resuscitate a lagging stock, it’s Richard Branson, the billionaire entrepreneur behind space exploration company Virgin Galactic. Branson turned to Under Armour to design the spacesuits that will eventually take him and […] The post Could Richard Branson Send Under Armour Stock Into the Stratosphere? appeared first on CCN.com


Dow Stalls as Trump Threatens to Unleash New Phase of Global Trade War   (Cryptocoinsnews - Oct 16)

The Dow Jones stagnated on Wednesday as evidence continued to mount that the US economy is slowing. Weak retail sales data didn’t have much of a direct impact on the Dow, but it reinforced the view that the Fed will have to increase stimulus in the economy. In the background, a US bill providing political […] The post Dow Stalls as Trump Threatens to Unleash New Phase of Global Trade War appeared first on CCN.com


Bitcoin Blockchain Snoop Helps Feds Take Down World’s Largest Child Porn Site   (Cryptocoinsnews - Oct 16)

U.S. federal prosecutors have indicted a South Korean national behind the world’s largest darknet child sexual exploitation site that was primarily funded using bitcoin. The website known as ‘Welcome to Video’ was being run by 23-year old Jong Woo Son. The South Korean national is currently serving a prison sentence in his home country for […] The post Bitcoin Blockchain Snoop Helps Feds Take Down World’s Largest Child Porn Site appeared first on CCN.com