Bubbletone Collects $8.6 Million via ICO and Successfully Tests Proprietary Roaming-Free SIM Card

The blockchain-based global telecom platform Bubbletone has successfully completed its ICO, collecting $8.6 million. All Universal Mobile Tokens (UMT) will be issued to crowdsale participants by 10 July. Soon the company plans the market launch of an original roaming-free Bubbletone SIM card that developers are already actively testing in the US and Europe. In addition, a Bubbletone affiliate – Baltic Clementvale LTD – has applied for admission to the International Telecommunications Union (ITU) and received an MVNO license. As a result, Bubbletone Read more …

Bitcoin Cash Sees More Infrastructure, Applications, and Protocol Innovation

News Over the past few weeks, the cryptocurrency Bitcoin Cash (BCH) has seen a lot of new infrastructure support, applications, and protocol innovation. While everyone has been watching the bearish markets across the digital currency economy, in general, there’s a lot of action happening within the BCH ecosystem that supersedes its current price speculation. Also read: Crypto Business Is Now Legal in Belarus The BCH Train Continues to Truck Along BCH proponents have been able to continue the focus towards spreading Read more …

Court Rules in Cryptocurrency Mining Firm Founders’ Favor

Since our last article on the unfolding situation with the deadlocked Envion ICO, a group identifying themselves to CCN as Concerned Envion Investors have been working to produce evidence that CEO Mathias Woestmann snatched the company from the founders and falsified documents to seal the deal. Now they claim to have that evidence. The case is complex – it centers around Envion AG, the company founded to produce cryptocurrency mining units, and also involves Apaton Capital AG, Apaton Finance GmBH, Read more …

A positive regulatory ETF will push Bitcoin to $50,000 in 2018

Arthur Hayes, the Co-Founder and CEO of BitMEX, a Peer-to-Peer Trading Platform that offers leveraged contracts that are bought and sold in Bitcoin predicts that the pioneer cryptocurrency will sell for at least $50,000 by the end of 2018. Hayes made his prediction while speaking on the CNBC Fast Money show on June 29 2018. This prediction has been described as a “SuperBowlish Forecast”. One step away According to Hayes, the cryptocurrency is just one positive regulatory decision away from Read more …

Trading Activity Drops Across Crypto Markets

Markets and Prices Market action during June has seen a significant slump in trade volume, with the majority of the ten most traded cryptocurrencies experiencing a drop in volume of between roughly 17% and 57% when compared with May. Also Read: ICO Round-Up: Social Media Influencers Bypass Ad Ban, Centra Tokens Deemed Securities Month-Over-Month 30-Day Trade Volume Declines Across Crypto Markets BTC has maintained its significant lead as the most traded cryptocurrency, with BTC pairings producing roughly $125.6 billion USD worth Read more …

Recently Found Double Spending Vulnerability Is Not Tether’s Own, SlowMist Confirms

China-based cybersecurity firm SlowMist has confirmed that a recent double-spending vulnerability it found in Tether (USDT) is not inherent to the cryptocurrency itself. Instead, it is enabled by some crypto exchanges’ databases not strictly verifying the status of the “valid” parameter of incoming USDT transactions. SlowMist explained this in a comment to its own Tweet June 28. On June 28, SlowMist detected a vulnerability that allowed them to send USDT to a crypto exchange without correct field values on the Read more …

Allianz: Bitcoin is a Buy Below $5000

Allianz’s chief economic advisor, Mohamed El-Erian, has called bitcoin a buying opportunity — if the market leader falls below $5000. Not everyone agrees, however, and the non-believers have come out in force.  ‘You Might as Well go to Vegas’ Bitcoin was trading at roughly $5,870 when El-Erian told CNBC‘s “Squawk Box” that any price below $5,000 is a major buying opportunity — a sentiment surely shared by many others in the cryptocurrency space. Plenty of non-believers have come out of Read more …

Malta Passes Favorable Cryptocurrency Laws in Next Step as a Blockchain Island

The Maltese Parliament has voted into law three cryptocurrency and blockchain bills, making Malta one of the most desirable locations for setting up blockchain enterprises.According to legislative records, the bills, which were introduced to the parliament by Parliamentary Secretary for Financial Services, Digital Economy and Innovation Silvio Schembri, were passed unanimously on Tuesday, June 26, 2018. The bills-turned-law detail the regulation of ICOs and cryptocurrencies and the process for setting up crypto-based businesses in Malta. The news, which Schembri shared Read more …

What’s the Motive Behind Pornhub’s Listing of Verge and now Tron?

Pornhub, the largest pornographic-video platform in the world, is set to integrate Tron. In April, CCN reported that Verge, a privacy-focused cryptocurrency, disclosed its strategic partnership with Pornhub, with the announcement made by Pornhub vice president Corey Price, who stated: “The volatility of crypto is concerning for subscriptions with recurring payments. As such, at present, we aren’t offering it for recurring payments, though we are in the process of working to do so. Our services have fixed prices in fiat Read more …

Wendy McElroy: Crypto and the Structure of Class Warfare

News The Satoshi Revolution: A Revolution of Rising ExpectationsSection 4: State Versus SocietyChapter 9, Part 2Crypto, and the Structure of Class Warfare The wall separating state and society is crumbling. Or, rather, the state is taking a jackhammer to it in an aggressive attempt to control every aspect of productive and cooperative life…The people you deal with on a daily basis are ceasing to be good neighbors, honest merchants, and disinterested strangers. They are becoming state informants who monitor your Read more …

EOS’ Crisis of Dispute Resolution

Another week, another squabble involving the beleaguered EOS blockchain. The platform that has recently sustained a round of criticism for its lack of decentralization and its underwhelming technical robustness is now going through a governance crisis. The problem partly stems, quite ironically, from the lack of the system’s mediating capacity and centralized enforcement over the pool of Block Producers – twenty-one entities elected by token holders and responsible for validating transactions under the Delegated Proof of Stake consensus mechanism. The Read more …

Blockchain’s Impact on Food and Farming, Explained

4. Blockchain could eliminate paper-based processes and cut costs, with these savings passed on to you. Getting rid of middlemen would minimize transaction fees, and decentralization would also make it easier for smaller farms to compete with larger corporations. For example, blockchain concepts such as PavoCoin are entering the fray — giving smaller farmers access to attainable financial services, such as the ability to pre-sell crops via smart contracts, helping them to improve the quality and quantity of their harvests, Read more …