Recent news broke about the publishing of ADN’s official press releases on cryptocurrency news outlets like CoinTelegraph, CCN, and BitcoinMagazine. This was soon followed by announcements revealing the successful listing of ADN Coin on premier cryptocurrency exchanges like BitForex and Coinbene. Final preparations are underway, and many in the ICO community are anticipating the launching of ADN’s mainnet. To satisfy our curiosity, we contacted Tad Einstein, CIO of ADN. He is working alongside ADN’s CTO in developing the ADN mainnet. In a Nutshell The primary purpose of the ADN platform, according to an exclusive interview with Tad, is to ”re-instill”
Popular cryptocurrency exchange Binance will be conducting a system upgrade on May 15, 2019, in the wake of a $ 40 million hack.
Per an announcement that was published on the exchange’s blog, the scheduled system update will affect all transactions on the platform for about 6 to 8 hours. However, it also noted that the time needed for this upgrade to complete might vary.
Blockchain security company BitGo is launching a new service for institutional clients: a clearing and settlements system that operates off-chain.
BitGo announced this new service in a press release on May 14, 2019, describing some of the features that this new system will have. Assets “never need to leave custody,” according to the announcement, and “counterparty risk is minimized” with BitGo acting as custodian for both sides of any deal.
A new report by the software firm DataLight predicted that Bitcoin could become the world’s top payment system within the next decade if it maintains its current growth rate.
“In just 10 years, Bitcoin has managed to compete with the leaders of the payment system industry,” the report found. “Bitcoin’s development is occurring exponentially. If it maintains this pace, in another 10 years, it will surpass all competition.”
For so long, global payments have been championed by platforms like Visa, Mastercard and PayPal, who offer seamless, if flawed, payment options for individuals and companies.
Zilliqa (ZIL), a security-oriented blockchain platform designed for high-throughput transaction speed, announced the .zil blockchain domain naming system on Tuesday. We’re glad to announce .zil, a blockchain domain system for the Zilliqa blockchain. Follow @unstoppableweb to keep up to date with .zil announcementshttps://t.co/yxg3ezAcfL — Zilliqa (No airdrops or ETH giveaways) (@zilliqa) March 19, 2019 According to […]
Market cap is often used as a metric of importance in the crypto industry. Communities will react jubilantly as their preferred coin moves up the rankings. People will often invest in the top X coins based solely on their market cap as they think it is representative of a diversified portfolio. However, is market cap the right metric to focus on?
In this post I will explore the fallacy of market capitalization. I will look at the methods with which market cap is often determined and why it could be considered flawed for a number of reasons. I will also touch on other potential metrics which could be more representative of “value.”
Last month, on the 10th anniversary of the Bitcoin genesis block, Bitcoin Cash (BCH) developer Jonathan Silverblood launched his Cashaccount.info platform. The Cash Accounts platform allows users to tether human-readable names to BCH addresses in order to make payments easier. Now the Chinese BCH light client Ifwallet has become the first public wallet with Cash Accounts sending support.
By CCN.com: The Dash community has been banging its head against a wall for a while now. As its developers ramp up infrastructure to make mass adoption easier, it loses users in the process. Dash dropped from a number seven crypto in 2017 to 15th place over the last 12 months, losing 92% of value
The post Exclusive: $ 630 Million Cryptocurrency Dash Releases ‘Biggest Upgrade’ Since Governance System appeared first on CCN
BloqLabs has opened up the beta waitlist for Titan, a fully integrated software suite for managing cryptocurrency mining. The project was introduced by Bloq CEO and co-founder Jeff Garzik onstage during a brief speech at Binance Fair in Singapore in an overview discussion of BloqLabs.
Cryptocurrency mining can be profitable but optimizing and managing devices manually can be a pain-point for miners. From tweaking the power limit of the GPU to fixing the downtime problem at the moment it happens, these are just some of the difficulties crypto miners have to contend with when mining cryptocurrencies.
New charges have emerged from a 2015 case of hacking and insider trading, the SEC announced today. In the previous case, Ivan Turchynov and Oleksandr Ieremenko hacked newswire services and provided information to traders before anyone else could get it. The scheme was very profitable. In one incident, a trader using the information made over … Continued
The post SEC Charges Group Behind Filing System Hack, $ 4.1 Million in Illegal Trades appeared first on CCN
The website of Dublin’s light rail system, Luas, has gone down after it was hacked, the Irish Examiner has reported. Consequently, visitors to the website, which has been offline for more than three hours now, are being greeted with a message that the hacker(s) posted citing their demands. The unidentified hackers are demanding to be … Continued
The post Hackers Demand Bitcoin After Taking Down Dublin’s Tram System Website appeared first on CCN
As part of an ongoing effort to clean up Overwatch League and Overwatch Contenders, a professional esports feeder league for Overwatch, Blizzard has announced a new system of moderation that requires users who wish to participate in Twitch chat to link their Battle.net and Twitch accounts. According to the recent announcement, the new system is designed to improve the viewer […]
Prominent YouTube personality Tom Scott has accused Brave, the adblock browser, of unethical and possibly illegal behavior by collecting BAT donations on his behalf from viewers without his knowledge or consent. Writing in a Twitter thread posted on December 21, Scott stated that Brave is essentially obtaining money under false pretexts from users because he has
The post Prominent YouTuber Claims Brave’s BAT Payments System Violates GDPR appeared first on CCN
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has announced its decision to launch a pilot Global Payment Initiative (GPI) service which aims to compete with the growing threat of competing blockchain and fintech solutions provided by institutions like Ripple, JP Morgan and Transferwise. Still in its initial stages, the ambitious pilot aims to “build
The post SWIFT Is Trialing a New Payment System to Take on Fintechs and Blockchain Tech appeared first on CCN
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
The post StayBit is Beta Testing P2P Payment System for Short Term Rentals appeared first on CCN
Authorities in South Africa are seeking comments on proposed policy changes that could, among other things, offer cryptocurrencies regulatory certainty. Per the South African Reserve Bank (SARB) and the National Treasury, an overhaul of the national payment system (NPS), a set of infrastructures and arrangements which allow the transfer of funds between individuals and entities,
The post Crypto to Get Regulatory Certainty in South Africa in Payment System Review appeared first on CCN
Investment funds transaction network Calastone, a founding member of the Linux Foundation-led Hyperledger Project, is shifting its entire system to the blockchain. The firm, which assists its client sell their funds all over the world via banks and financial advisors, expects to complete the switch to what it is calling the Distributed Market Infrastructure (DMI)
The post Investment Funds Network to Migrate Entire System to Blockchain in 2019 appeared first on CCN
The $ 1 million Hearthstone Championship Tour (HCT) is coming to an end next year and will be replaced by a new 3-tiered competitive system. According to a recent post by Blizzard’s Hearthstone team, the new system will consist of qualifiers, live global tournaments and an exclusive top tier, with more than $ 4 million in prizes. The […]
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Stablecoins have been a hot topic in 2018, and many different companies are creating cryptocurrencies for P2P payments. The USDX Wallet payment system stands out from these overly
The post USDX Wallet: Lightning-Fast, No-Fee, Crypto-Based Payment System appeared first on CCN
Thailand’s Democrat Party has become the first political party to use blockchain technology to elect its leaders in a primary election, which was held from November 1–9, 2018. In a live e-voting system, more than 120,000 party faithful cast their votes in a transparent way that saw former Thai Prime Minister Abhisit Vejjajiva winning his party nomination with 67,505 votes.
Party members were able to vote using two methods. The first method was through voting stations that utilized a Raspberry Pi-based system. Voters were also able to vote via a blockchain-based mobile app that asked voters to submit their photo ID.