Day: December 2, 2018

First Blockchain Smartphones Appear on the Market: Sirin Labs’ Finney Unboxed

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After months of expectation and one of the top-five biggest ICOs of 2017, on Nov. 29 Sirin Labs has launched Finney, the ‘world’s first’ blockchain smartphone. Yet, even with the endorsement of football legend Lionel Messi and a $157.8 million token sale behind it, the $999 device has stepped into uncharted territory, where its built-in cold storage wallet and DApp ecosystem will have to contend with the dominance of Apple and Samsung — as well as the Exodus 1, a rival blockchain smartphone from HTC. Features Most of Finney’s key…

Bitcoin Crash Driven By Emotions, Says Crypto Bull

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Parabolic Move, Then 80% Correction  Ronnie Moas, an impassioned, outspoken Bitcoin (BTC) bull, recently sat down with CoinTelegraph in an exclusive interview. Speaking on crypto’s most recent downturn, which sent the aggregate value of crypto assets under $140 billion, Moas maintained his bullish sentiment, making it abundantly clear that BTC isn’t dead in the water. When asked about how the crypto market is faring, Moas, the director of Standpoint Research, turned the question on its head, speaking on the dismal performance seen in global markets. He explained that half of…

Crypto Week In Review: Bitcoin ETF Talk Mounts, Nasdaq To Launch “Crypto 2.0” Futures

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The crypto market at large sustained its turbulent price action this week, with Bitcoin (BTC) jolting up and down between key levels of resistance and support. However, in spite of the dreary price action, this industry’s participants kept their pedal to the metal, announcing a series of developments that piqued the interest of investors worldwide. So, as recently put by Anthony “Pomp” Pompliano, Morgan Creek’s in-house cryptocurrency insider: “Bear markets get rid of tourists so entrepreneurs can focus on building.” SEC’s Clayton Isn’t Ready To Green Light A Crypto ETF…

Crypto Week In Review: Bitcoin ETF Talk Mounts, Nasdaq To Launch “Crypto 2.0” Futures

boss

The crypto market at large sustained its turbulent price action this week, with Bitcoin (BTC) jolting up and down between key levels of resistance and support. However, in spite of the dreary price action, this industry’s participants kept their pedal to the metal, announcing a series of developments that piqued the interest of investors worldwide. So, as recently put by Anthony “Pomp” Pompliano, Morgan Creek’s in-house cryptocurrency insider: “Bear markets get rid of tourists so entrepreneurs can focus on building.” SEC’s Clayton Isn’t Ready To Green Light A Crypto ETF…

Former Ernst & Young Analyst Disillusioned by the Blockchain

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CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. A recent article in Barron’s describes Angus Champion de Crespigny, who spent ten years at professional services firm Ernst and Young and led the blockchain financial services division for years and was the subject of the article entitled “This Blockchain Believer Turned Heretic Is Still Bullish On Bitcoin,” as a “major skeptic.” Champion de Crespigny describes himself as an “experienced executive with 11 years in financial services, evangelist for bitcoin…

Satoshi Makes a New Friend, Buterin Gets Negative Over Centralized Blockchains

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Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Nasdaq Notes Bitcoin Futures Could Launch in Quarter 1 2019, Bloomberg Reports Major U.S. stock exchange Nasdaq still intends to launch Bitcoin futures, and may do so in the first quarter of 2019, according to “two people familiar with the matter.” Speaking to…

New Blockchain association opens up in Mexico

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Blockchain Association has invited institutions to join There was recently seven founding members of the first Blockchain Association which included companies like GBM, Lvna Capital, Bitso, ConsenSys, Exponential Capital and BIVA. This was according to the Mexican Forbes article that was published on the 28th of November 2018, as the organizations are focused on educating Mexican citizens about the benefits of the Blockchain technology. This kind of technology will be able to form great safety standards for the industry in the coming years. Educating the public about the Blockchain Technology…

Japan’s Financial Regulator to Introduce New ICO Regulations

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Japan’s financial regulator is set to introduce new Initial Coin Offering (ICO) regulations to protect investors from fraud, local news outlet Jiji Press reported Dec. 1. According to “informed” sources cited by Jiji, business operators conducting ICOs will be required to register with Japan’s Financial Services Agency (FSA). The agency is reportedly planning to submit bills revising financial instruments, exchanges and payment services laws to the ordinary parliamentary session that starts in January. This action has been undertaken “in view of a number of possibly fraudulent ICO cases abroad” as…

Mike Novogratz: A $136 million loss is negligible compared to projected crypto returns in 2019

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Even after his company, Galaxy Digital Holdings, closing the year with a 136 million U.S dollars gaping hole in its balance sheet, Mike Novogratz is not giving up on cryptocurrencies. Mike projects massive crypto returns in 2019 and beyond. Mike notes that although he has all reasons to be depressed, there will be “a big adaption in 2019 and 2020.” However, the CEO notes the expected crypto returns are currently buried in the ‘horrible bear market in tokens.’ Novogratz blamed the current bearish momentum on things like a rejection of…

Intel Awarded a Patent for an Energy Efficient Bitcoin Mining Process

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News On Nov. 27, the world’s second-largest semiconductor chip maker, Intel, was granted a patent for a processing system that mines Bitcoin but utilizes more “energy-efficient hardware accelerators.” According to the patent called the “Optimized SHA256 Datapath,” the newly invented “high-performance” Bitcoin mining process could reduce overall power consumption by 15 percent. Also read: Sirin Labs Launches Blockchain-Centric ‘Finney’ Smartphone Intel Awarded a Patent for a New Bitcoin Mining Process The Intel corporation, headquartered in Santa Clara, California is well known for being a competitive chipset manufacturer. Last Tuesday the company…