Apple has struggled to win over the Chinese mobile phone market as reports have suggested but Samsung is also having a similar issue. Samsung Electronics revealed that it recorded a 31 percent decline in net profit in the fourth quarter of 2018 as the operating profits of its mobile business plunged by nearly 33 percent. Samsung Sees Large Net Profit Declines Analysts at Samsung attributed the overall decline in profits to various geopolitical factors including the U.S.-China trade war. Due to macroeconomic uncertainties, the company said that its memory business will likely not strongly rebound until the second quarter of
Blockchain payment platform BitPay has announced that 2018 has been their most profitable year, having “processed over a $ 1 Billion again in payments and set a new record for transaction fee revenue.”
In a statement, BitPay CEO Stephen Pair said, “To process over a $ 1 Billion for a second year in a row despite Bitcoin’s large price drop shows that Bitcoin is being used to solve real pain points around the world.”
2018 was a particularly fraught year for the crypto space, as prices saw a steady decline. Nevertheless, BitPay was able to show positive expansion, which it credits in part to “new customers like Dish Networks, HackerOne, and the State of Ohio.”
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In the past 24 hours, the crypto market added $ 3 billion to its valuation as Bitcoin (BTC) and Ethereum (ETH) performed relatively well against the U.S. dollar. Several crypto assets in the likes of Litecoin, TRON, and Cardano recorded the largest gains on the day in the range of 6 to 12 percent. Bitcoin Has
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According to the Bitcoin Obituaries webpage, the cryptocurrency ‘died’ 90 times in 2018. Since the inception of Satoshi’s great invention, almost a decade ago, economists and financial news publications have informed the public that bitcoin has passed away a grand total of 336 times.
A new milestone in blockchain adoption has been set with the successful recording of a record-breaking art sale on a blockchain. On November 13, the Barney A. Ebsworth Collection sale at the famous Christie’s auction house in New York raised a total of $ 317,801,250, in the process becoming the most valuable art auction to ever … Continued
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Augur, a decentralized prediction platform on the Ethereum blockchain, has recorded over $ 2 million in bets on election night. During the United States midterm election, as Augur co-founder Jeremy Gardner stated, bets placed on the outcome of US midterms initially reached $ 900,000 and eventually surpassed the $ 2 million mark. That is, more than 60 percent
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The highly-ambitious Call of Duty: Black Ops IIII is reportedly breaking multiple digital sales records as the data is revealed from last week’s launch. Thank you to everyone for making #BlackOps4 the biggest launch day one digital sales in Activision history. https://t.co/14URuZmSKt pic.twitter.com/9Y1HOfnpwa — Activision (@Activision) October 14, 2018 According to an announcement by Activision (ATVI), Black […]
Over the past few hours, Bitcoin has recorded a slight 1 percent increase in price, nearing the $ 6,800 resistance level. The rest of the crypto market recorded large gains across the board as Electroneum and Stellar led the market with 70 percent and 20 percent gains respectively. As CCN reported on September 22, billionaire investor
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Internet courts in China will henceforth deem evidence authenticated using blockchain technology as being legally binding. This follows the publication of new rules by the Supreme People’s Court of China which state that blockchain records will now be admissible in court. According to the South China Morning Post, internet courts which have been set up
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On September 1, Bitcoin Cash proponents led a community-driven stress test by sending millions of transactions in one day. In fact, the protocol’s miners processed 2.2 million transactions in 24-hours and processed massive sized blocks all day long. But the stress testing fun didn’t end there as many BCH supporters continued to flood the network with transactions. The next day saw upwards of 1.37M transactions, and September 4 data has shown participants still were going strong with 1.67M processed yesterday.
ICON (ICX) and WanChain (WAN) have recorded massive 23 percent gains again in the past 24 hours, becoming the two best performing assets in the global crypto market for two days straight. The valuation of the crypto market increased from $ 213 billion to $ 214 billion on August 27 as some major cryptocurrencies like EOS and
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An ethereum-based trading card recently flirted with Magic: the Gathering’s record, selling for $ 60,000 at auction.
A bullish correction has “rippled” across the cryptocurrency market today, with the ripple price (XRP) leading a widespread altcoin comeback. Ripple Price Marches Back The XRP/USD trading pair on Friday jumped more than 16 percent, rising from 0.29065-fiat to 0.32853-fiat. The upside adds up to a 37 percent increase since the pair established its bottom at
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HIPAA Rules and regulations limit the direct use of a public blockchain to store electronic Protected Health Information (ePHI).
We know blockchains are secure, so why is the technology non-compliant? Because the blockchain’s cryptographic process relies on pseudonyms that are mathematically derived. HIPAA’s Privacy Rule prohibits the use of these pseudonyms as tools to de-identify private information.
In addition to being non-compliant with HIPAA’s Privacy Rule, a traditional blockchain ledger faces storage and access roadblocks. A system allowing direct posting of ePHI to the blockchain might require each provider to maintain a database with the complete medical records of all patients – data storage and ease of access would quickly become large problems.
Bitcoin fork Segwit2X became the main news of the year. According to coinmarketcap.com, in just 3 days Bitcoin market capitalization increased by 40,000,000,000 USD! With the upcoming fork date, which will take place on December 28 at block 501451, the price of the B2X futures also increased by 75% in just one day.
What caused such an unprecedented interest in Segwit2X?