Cryptocurrency enthusiasts and bulls have been hopeful that the US Securities and Exchange Commission (SEC) will grant the first Bitcoin ETF (exchange-traded fund) this year. However, these bulls have been left disappointed recently as the SEC has handed out a handful of rejections and postponements. Bill Barhydt, CEO of Bitcoin payment start-up Abra, told CNBC…
Each day, more and more blockchain technology-based solutions are being developed across various major industries and applications globally. It’s also evident how the blockchain revolution has brought about great success, especially in the financial sphere. In fact, as time goes by, we expect to see more industries adopting this technology. The nascent rise of blockchain…
During 2017 and what might be considered the ICO ‘heyday’ it is fair to say that the legal status of many of these capital raising initiatives wasn’t a priority for founders — if it was considered at all. As the year wore on, however, the size of the raises began attracting attention beyond the crypto-world…
Currently, centralized institutions like governments or banks act as gatekeepers to identity. In a world where we travel more and have increasingly digital lives, who controls your identity and what they do with it, is becoming an increasingly complex issue. Enter the rise of self-sovereign identity. Self-sovereign identity is decentralized and puts individuals in control…
Square wins patent for multi-crypto payment solution (medium impact) US-listed payment app Square has been on a tear this year, its stock price having surged 130% this year alone and this week had a patent for a new crypto payment solution accepted by the US Patent and Trademark Office. CCN published the pages of the…
China may be doing all it can to suppress cryptocurrencies, but South Korea is going the opposite way. Specifically, in its Gyeongsangbuk-do Province. But what’s going on? Well, according to sources, officials are partnering with blockchain startup Orbs to create a province-specific coin called the Gyeongbuk coin. But why? South Korea’s Gyeongbuk Coin The province is…
In January 2018, Michael Terpin reportedly attended the Consumer Electronics Show in Las Vegas where he ended up losing his smartphone. While this was an inconvenience, he says the real shock came when he realized that a hacker was able to use his phone number to convince a support representative from Terpin’s network provider, AT&T,…
Stellar (XLM) is currently down 76% from the record high set on January 3rd. The XLM market cap is the 6th largest among coins tracked by bravenewcoin.com, at US$4.1 billion, with exchange-traded volume of US$57 million in the past 24 hours. XLM was created in 2014 by founders Jed McCaleb and Joyce Kim. The blockchain…
The recent crypto downturn is putting pressure not just on investors, but on the coins themselves. Dash, a fork of bitcoin, has not escaped the bearish sentiment with its value slipping around 90 percent from its all-time high above $1500. This alone might not be unusual, but the coin has also fallen comparatively within the…
Two days ago, Venezuela’s President, Nicolás Maduro, ordered the nation’s banks to adopt the Petro digital currency, so now Venezuelan banks must accept Petro. In a bid to reform the nation and alleviate the current Venezuelan economic crisis, Maduro is trying to get the Petro coin recognized as Venezuela’s second currency and now banks within the…
