Crypto News

Crypto News
  • Op-ed: China Ranked [51% Attack] Verge and Bitcoin at #13 in Blockchain List
    On May 22, CCN reported that Verge (XVG), a privacy-focused cryptocurrency, fell victim to yet another 51 percent attack. Altcoin mining pool operator Suprnova revealed that an individual or an organization has invalidated legitimate blocks. Verge Attack “Verge is once again under attack, someone is 51%’ing the chain and invalidating all legit blocks. All pools The post Op-ed: China Ranked [51% Attack] Verge and Bitcoin at #13 in Blockchain List appeared first on CCN
  • ‘Operation Cryptosweep’: ShipChain Ordered to Cease and Desist in South Carolina
    The securities division of the South Carolina’s Office of the Attorney General has ordered blockchain startup ShipChain to stop operating in the state. The securities commissioner sent a cease-and-desist order to the company for allegedly violating securities laws. According to the order, ShipChain, which is a freight logistics platform built on the Ethereum blockchain, has The post ‘Operation Cryptosweep’: ShipChain Ordered to Cease and Desist in South Carolina appeared first on CCN
  • Bitcoin Price Rewinds to $7,800 as Cryptocurrency Market Drops $27 Billion Overnight
    On yesterday’s report, CCN emphasized that if the bitcoin price falls below the $8,200 resistance level once again, a reentry into the $7,000 region is inevitable. Over the past 24 hours, the bitcoin price dropped by around 4 percent from $8,300 to $7,850. Bitcoin Price Trend As CCN previously reported, the recent correction of the The post Bitcoin Price Rewinds to $7,800 as Cryptocurrency Market Drops $27 Billion Overnight appeared first on CCN
  • Major Banks Pilot Successful Thailand-Singapore Blockchain Remittance
    A joint effort by major banks in south-east Asia has led to a successful blockchain-powered cross-border funds transfer in real-time from Thailand to Singapore. In an announcement on Tuesday, Thailand’s Bank of Ayudhya – commonly referred to as Krungsri – revealed a successful pilot test involving an international remittance from a domestic bank account to The post Major Banks Pilot Successful Thailand-Singapore Blockchain Remittance appeared first on CCN
  • 1 Million Transactions/Sec: Japan’s Largest Bank Plans Blockchain Payments in 2020
    MUFG, Japan’s biggest bank, has announced plans to launch a ‘hyper-scale’ blockchain payments network to be co-developed with cloud delivery giant Akamai for faster, cheaper payments. In an announcement [PDF] on Monday, the Mitsubishi UFJ Financial Group (MUFG) revealed details of an ongoing partnership with US-based cloud content delivery giant Akamai that sees the two The post 1 Million Transactions/Sec: Japan’s Largest Bank Plans Blockchain Payments in 2020 appeared first on CCN
  • Undeniably the Best ICO of 2018, Meet PCHAIN
    This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned The post Undeniably the Best ICO of 2018, Meet PCHAIN appeared first on CCN
  • India May Levy 18 Percent Tax on Cryptocurrency Trading Starting July 2018
    India, the world’s second-largest country by population, may soon give a glimmer of hope to cryptocurrency investors after months of propagating a negative agenda against the digital asset class. Move Subject to Council’s Approval As reported on Bloomberg, India may soon levy an 18 percent Goods and Services Tax (GST) on cryptocurrency trading, notwithstanding their The post India May Levy 18 Percent Tax on Cryptocurrency Trading Starting July 2018 appeared first on CCN
  • Why Invest in Litecoin?
    This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Litecoin is attractive to crypto investors who view Charlie Lee’s creation as a long-term prospect that is linked to Bitcoin’s success. It is praised for its near-instant transaction The post Why Invest in Litecoin? appeared first on CCN
  • Zimbabwe Cryptocurrency Exchange Golix Drags Central Bank to Court over Trading Ban
    Zimbabwe cryptocurrency exchange platform Golix has taken the country’s central bank, the Reserve Bank of Zimbabwe, to court, saying the bank’s ban of cryptocurrency trading was unconstitutional as there are no laws that empower it to make such legislative moves. After banning banks from processing cryptocurrency transactions in the country, the central bank of Zimbabwe subsequently The post Zimbabwe Cryptocurrency Exchange Golix Drags Central Bank to Court over Trading Ban appeared first on CCN
  • CFTC Issues New Guidance on Cryptocurrency Derivatives
    The top US markets regulator has issued new guidance to exchanges and other trading platforms that are interested in listing bitcoin futures and other cryptocurrency derivatives products. The Commodity Futures Trading Commission (CFTC) released this new guidance on Monday, providing exchanges with a set of best practices to follow as they develop and launch these The post CFTC Issues New Guidance on Cryptocurrency Derivatives appeared first on CCN
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