By CCN Markets: After ten years, the Reserve Bank of Australia has decided that Bitcoin and other cryptocurrencies don’t pose a threat to Aussie dollars or other forms of fiat payment. The RBA concludes, after reviewing everything it knows about cryptocurrency, that it’s “difficult to envisage” an outbreak of Bitcoin users in the down under. Bitcoin Carries The Burden of Disruption It’s on cryptocurrency to be more attractive and useful than traditional payment methods. People will prefer the easier, more familiar world of debt-based currency until this is the case. To maintain the status quo, RBA says, rulers need only
Crypto Payments Firm CEO: Hacks, Scams, and Volatility Discourage Mass Adoption
AtomicPay’s CEO believes that scams and volatility are the primary things holding back public mass adoption of cryptocurrencies. The Thailand-based company is a non-custodial crypto payment processor. They are one of the few crypto payment processors that facilitates payments for multiple cryptos without holding merchant funds in escrow and charging a fee before releasing funds.
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Exclusive: Voyager CEO on Why Crypto Regulation is the Last Step Before Mass Adoption
By CCN.com: Voyager aims to be the easiest way to trade cryptocurrency. The crypto brokerage app lets the user simply place an order and allow Voyager to do the rest. The company is connected to more than a dozen cryptocurrency exchanges around the world. It uses advanced metrics to find the user the best trade
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Major Apple Supplier Foxconn Denies Mass Layoff Rumors to Hire 50,000 Workers in China
By CCN.com: Foxconn, one of Apple’s largest suppliers, has refuted allegations that it is preparing for mass layoffs. Instead, the Taiwanese-based contract manufacturer has said that it has over 50,000 open positions in China for which it is trying to recruit this quarter. In a stock exchange filing reported by Reuters, Foxconn indicated that the
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Bitcoin Price Will Tank Below $3,000, Says Trader Who Predicts Mass Sell-Off
The bitcoin price will crater below $ 3,000 amid a mass sell-off. That’s what futures trader Anthony Grisanti predicts about the ongoing Crypto Winter. “I’m looking for a move down to $ 3,000, which would represent a real weakness in this market,” Grisanti told CNBC. “It could be the driver that gets people to bail out of this and
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SEC Chair Jay Clayton’s Mass Crackdown On Crypto Industry Roil GOP Lawmakers
Jay Clayton, the chairman of the US Securities and Exchange Commission, is coming under fire from Republican lawmakers amid growing concerns over his harsh approach to regulatory enforcement — which critics claim strangles the free market and inhibits technological innovation. In 2018, the SEC launched a massive crackdown on the crypto industry, which has been
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SherCoin Platform and Token Redefines Utility Token Functionality for Mass Adoption
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
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10 Years On: Five Things Needed for the Mass Adoption of Bitcoin
It’s been ten years since Satoshi Nakamoto published the Bitcoin White Paper and introduced cryptocurrencies to the world. His radical vision of a decentralized peer-to-peer electronic cash system was groundbreaking, as it sought to rebuild the structures that upheld our global financial institutions. A decade on, the cryptocurrencies market is now worth $ 209 billion globally, and there are more than a thousand separate tokens in circulation.
[Note: This is a guest op-ed article submitted by Samuel Leach, Founder of Yield Coin]
Coinbase Pro Adds 0x (ZRX) Token Ahead of Mass Rollout
US cryptocurrency exchange and wallet provider Coinbase confirmed it would open trading for decentralized Ethereum token trading platform 0x’s native ZRX token on Coinbase Pro.
Coinbase Opens ZRX Deposits
In a blog post and tweet, officials revealed ZRX would fast go live on the Coinbase Pro professional trader platform, with Coinbase.com and apps to follow later.
As of now, Coinbase Pro users are able to deposit ZRX, with trading set to commence once “sufficient liquidity” has been reached, Coinbase said.
“One of the most common requests we receive from customers is to be able to trade more assets on our platform,” the exchange summarized regarding the move.
eToro Cuts Crypto Costs to Support Mass Adoption
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
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Is Bitcoin Really On The Brink Of A Mass Breakout?
Nigel Green, the CEO and Founder of deVere Group has spoken out about Bitcoins capacity to embark on a global level breakout, one that will see Bitcoin hit a new all time high and continue to climb, exceeding international expectations and making a lot of people very rich in the process. Green believes this is down to FOMO, a fear of missing out, driving people towards Bitcoin investment when it’s price starts to climb. As a result of this FOMO, more people will start to panic buy, initiating a huge flow of money into Bitcoin, in turn pushing prices to the moon.
Game Publisher Telltale’s Mass Layoff Results in a Class-Action Lawsuit
A former Telltale Games employee is suing the video game publishing company in a class-action lawsuit following the studio’s sudden closure. The allegations highlight the company’s violation of labor laws following the elimination of hundreds of employees on Friday. Plans to close the studio were known to the employees, but a later closing date was […]
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AIZeus, Beyond The Blockchain And The Complete Solution For Mass Market Consumer Apps
Zeus, by AIZeus is the latest public blockchain build to satisfy the needs of applications with millions of users. The Zeus blockchain has been designed with mass market B2C & P2P applications in mind, which require a wealth of consumer end features. Because of this, Zeus has been made to be the complete solution for mass market consumer apps.
It’s an incredible platform, built on some incredible technology, technology that you need to know about.
Ripple And XRP To See Mass Integration With New Money Transfer App
XRP is often considered as Japan’s favourite cryptocurrency. This rumour was confirmed when Ripple and SBI Holdings announced their partnership, a partnership that really did secure the future for Ripple within Japan, and across the Pacific. The partnership, now known as SBI Ripple Asia is now exploring a new money transfer application, one that will allow people in Japan, to transfer money across the Ripple network, allowing for instant, low cost payments.
Within this, we expect to see some XRP integration, though as it stands, no official announcements have been made that point towards this.
Hard Forks Hinder Mass Adoption of Cryptocurrencies: Study
A new study has concluded that hard forks are a threat to the adoption of cryptocurrencies. This is because splits in the blockchain of a particular cryptocurrency tend to lead to the erosion of trust. Additionally, such splits reduce user’s confidence in the capacity of the affected cryptocurrency to continue thriving as a medium of
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The CryptoInfluence Summit: Promoting Collaborations to Fuel the Mass Adoption of Blockchain Technology
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
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Mass xRapid Rollout Could Be Inspired By XRP Exchange Liquidity Surge
In recent months, XRPs availability has increased massively.
A new breakdown by the XRP Community Blog goes into the amount of virtual outlets where XRP can now be purchased has jumped in over 300% in under a year. The author goes by the name of Hodor and says:
“Less than one year ago, I inventoried all of the known worldwide exchanges that carried XRP and arrived at approximately 29 exchanges.
Mass Adoption of Crypto Far from Being Achieved, Best Chance in Turkey
Based on a survey conducted by Statistca on 15,000 individuals, Turkey has the highest percentage of population that has invested in the crypto market. According to the data released by Statistica shown below, 18 percent of the country’s investors have purchased cryptocurrencies like Bitcoin and Ethereum in the past few years. Motive of Residents in
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Crypto Mass Adoption Depends On Usability And Cross Currency Cooperation
After emerging to prominence as a byproduct of the cryptocurrency movement, blockchain technology is definitely having a moment of its own.
In many ways, it arrived at the perfect time.
While news headlines reflect the mounting concerns about the current internet structure’s viability in the digital age, the blockchain brings needed security and usability upgrades to the forefront of the tech scene. For this reason, many people consider the blockchain to be the third iteration of the internet, or the internet 3.0.
Multiple Fatalities Reported Following Mass Shooting During Live eSports Event
According to multiple reports, a gunman opened fire at the Madden Championship Series live qualifier in Jacksonville, Florida on Sunday afternoon. Authorities have stated that multiple fatalities occurred as a result of twelve gunshots that could be heard at a bar that was hosting the gaming event. The gunman was dead at the scene when Sheriff […]
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