Month: November 2018

SIRIN LABS Releases $999 Blockchain Phone: ‘FINNEY’

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Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. The FINNEY phone came out today at a launch event in Barcelona. The $999 phone is the first of its kind, integrating blockchain technology at its core in order that its users may can securely use blockchain products. The product aims to address issues that cryptonaughts face in mobile computing, particularly those related to securely transacting, and it is the latest in a projected long line…

US SEC Charges Floyd Mayweather Jr and DJ Khaled for Unlawfully Promoting ICO

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The U.S. Securities and Exchange Commission (SEC) has charged professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled for unlawfully advertising Initial Coin Offerings (ICOs), according to a press release published Nov. 29. Per the announcement, the SEC found that Mayweather did not disclose promotional payments from three ICO issuers, including $100,000 from cryptocurrency startup Centra Tech, while Khaled, also known as DJ Khaled, failed to disclose $50,000 payment from the same company. Back in May, the three co-founders of Centra — Sohrab Sharma, Robert Farkas, and Raymond Trapani…

Blockchain Phone | Sirin Labs Finney Device Ready for Shipping

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Sirin Labs’ blockchain phone is expected to begin shipping in late December, it was announced today. The phone’s final design was unveiled at an event in Barcelona. Sirin Labs’ Blockchain Phone Dubbed ‘Finney,’ the blockchain phone promises to advance the user experience of decentralized apps, or dApps. The blockchain phone was developed off the back of an initial coin offering in which Sirin Labs raised $157 million earlier this year. However, it’s wondered if the creation of Finney is an example of putting the cart before the horse, as there simply…

Sirin Labs Blockchain Phone ‘Finney Will Ship in December

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Sirin Labs’ blockchain phone is expected to begin shipping in late December, it was announced today. The phone’s final design was unveiled at an event in Barcelona. Sirin Labs’ Blockchain Phone Dubbed ‘Finney,’ the blockchain phone promises to advance the user experience of decentralized apps, or dApps. The blockchain phone was developed off the back of an initial coin offering in which Sirin Labs raised $157 million earlier this year. However, it’s wondered if the creation of Finney is an example of putting the cart before the horse, as there simply…

Coinbase Pro Launches Support for Zcash

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Major U.S. cryptocurrency exchange Coinbase has launched support for Zcash (ZEC) on its Coinbase Pro platform, according to a company blog post published Nov. 29. Zcash is a cryptocurrency based on a decentralized blockchain, designed with the goal of making transactions more private than they are in the Bitcoin (BTC) blockchain. Zcash’s “view key” option is used to allow some individuals to see private information about users’ transactions. View keys may be used for an audit or sharing information without disclosing it publically. Today’s announcement notes that the Coinbase Pro…

Crypto Markets Come Back Down After Slight Jump Yesterday

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Thursday, Nov. 29: cryptocurrency markets have come back down after a slight jump yesterday Nov. 28, with just a few of the top twenty coins seeing mild gains. Market visualization by Coin360 Bitcoin (BTC) is down 2.5 percent on the day, trading in a narrow corridor from $4,125 to $4,457 at its highest point today. As of press time, the major cryptocurrency is trading around $4,221. On its weekly chart, BTC has dropped over 5 percent, while its monthly losses are 5.15 percent, according to Cointelegraph’s Bitcoin Price Index. Bitcoin…

BlockShow Asia Closes on Optimistic Note

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BlockShow Asia 2018 has come to an end in Singapore Thursday, Nov. 29, with most visiting experts predicting that cryptocurrencies and blockchain will fare better in 2019. According to the BlockShow team, 2,800 people attended the two-day conference, including potential investors who participated in EXP20 — a business pitch competition for startups announced shortly before BlockShow Asia. More than 50 speakers from various crypto and blockchain projects participated in the event’s discussion panels. On the first day, experts discussed the Chinese crypto ban, decentralized networks for artificial intelligence (AI), and…

Bitcoin, Ether, and XRP Weekly Market Update: November 29, 2018

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The majority of the cryptocurrencies extended their losses during the last seven days as we saw the total market cap erase yet another $16 billion from its value. BTC/USD Bitcoin dropped below $4,500 on November 22 and closed the day at $4,370. The biggest cryptocurrency in terms of market cap continued its decline with its 7th red candle on the daily chart since November 14. The BTC/USD pair rose to $4,420 on November 23, but this was not enough to ignite a short-term recovery and on November 24 we saw…

Tom Lee refutes claims that crypto is broken says it’s only bent

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The head of research at Fundstrat Global Advisors, Tom Lee, has refuted claims that crypto is broken beyond repair. Instead, Lee notes that crypto is only bent and still has a lot of room for more gains. As reported by NewsBTC Tom, who was once a managing partner at JB Morgan, is known in the cryptocurrency spheres as one of the strongest Bitcoin and crypto bull of all time. The first half of this month has been one of the toughest for cryptocurrency holders and investors after the price of…

Coinbase Adds Privacy-Centric Crypto Zcash to Pro Trading Exchange

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Crypto exchange Coinbase Pro is adding privacy coin zcash to its listings. The platform announced Thursday that customers can transfer zcash into its professional trading platform, though as with previous additions, users can not yet purchase the token until the exchange has established enough liquidity. Deposits will be accepted for at least 12 hours after the announcement at 18:00 UTC. When trading is enabled, only Coinbase Pro users in most of the U.S., UK, European Union, Canada, Singapore and Australia will be able to access the coin. New York residents…