Craig Wright Claims Bitcoin SV Will Process 1TB Blocks in Two Years

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Dr. Craig S. Wright has a mission in mind for Bitcoin SV (BSV) to process terabyte-sized blocks. It’s a “2 year target” according to a tweet he published yesterday. 2 year target. 2-4 Million TPS peak 500k sustained Terranode Bitcoin — Dr Craig S Wright (@ProfFaustus) November 29, 2018 Wright didn’t elaborate on the how of this. Demand for Read more …

SEC Fails to Show Court Blockvest Tokens Are Securities

Regulation A U.S. district judge has denied the motion filed by the Securities and Exchange Commission (SEC) against cryptocurrency company Blockvest and its founder. The SEC failed to show the court that Blockvest’s tokens are securities. The company has set up a fictitious regulatory agency and claimed its ICO is endorsed by three different U.S. regulators. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Judge Denies SEC’s Motion U.S. District Judge Gonzalo P. Curiel has denied the Read more …

Ohio Embraces Bitcoin & Celebs Fined for ICO Ads

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. The last week of November was all about taxes, regulation, and SEC enforcement for Bitcoin and the wider crypto ecosystem. Major Headlines Sirin Labs Launches the FINNEY: The world’s first blockchain phone on the market, the FINNEY, launched at an event in Barcelona on Thursday. CCN’s Josiah Wilmoth was on the scene. The phone, its dApp store, and native Read more …

Hands-on with the Sirin Labs FINNEY, the First Crypto-Native Smartphone

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Sirin Labs, the blockchain startup funded by nearly $158 million in initial coin offering (ICO) proceeds, has released its much-anticipated “blockchain smartphone,” the FINNEY. The firm unveiled the device on Thursday at a release party in Barcelona, which featured presentations from several Sirin executives along with an appearance by football legend and Sirin brand ambassador Lionel Messi. CCN attended Read more …

HBUS Launches First Ever Cryptocurrency Billboard Campaign in the US

HBUS has launched a cryptocurrency-themed billboard campaign to sensitize people about the emerging virtual asset class. The company which is the exclusive U.S. partner of cryptocurrency exchange giant, Huobi, says it is the first caqmpaign of its kind in the United States. “Evolved Crypto Trading” Billboard Campaign Titled “Evolved Crypto Trading,” the billboards are located in downtown San Francisco, on 3rd Street outside Coinbase headquarters, between Mission Street and Market Street. The campaign is the first of its kind by Read more …

Bitcoin Mining Doesn’t Fuel Climate Change, it Benefits the Global Economy

Mining The majority of bitcoin miners — about 78 percent — use renewable energy to power their mining operations, while preventing surplus electricity from going to waste in countries such as China, a new study by Coinshares has revealed. The U.K.-based digital asset management company argues that “bitcoin mining may in fact be acting as an electricity buyer of last resort,” contrary to the mainstream media construct of it being an environmental menace. Also read: Bitcoin Mining Start-Up Envion Ordered to Read more …

Why Context Matters When Discussing the Crypto Bubble

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. The fact that the bitcoin price has been crashing for the past month has led some people to have some hilarious reactions. From rage-quitting crypto-trading and investing to astonishing doomsday predictions, it’s really fun to sit back and watch all madness. However, I feel like it’s also my duty to step in and calm things down for a second. Read more …

Asus Wants to Let Gamers to Mine Crypto with Idle GPU Power

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Tech giant Asus is now making it possible for gamers to use the excess processing power of their graphics cards to earn some profit from crypto mining. In an announcement made on Thursday, the Taiwan-based tech company stated that it has entered into a partnership with a mining app provider known as Quantumcloud. Under this partnership, Asus and Quantumcloud Read more …

Humans.net is Changing How People Broker Work Relationships [Interview]

Bitcoinist recently caught up with Vlad Dobrynin, CEO and Founder of Humans.net, to discuss his project and the future of the blockchain space. Here’s what he had to say. Q: For our readers who have never heard of Human.net, please tell us a bit about the project. Humans.net is an advanced, data-driven platform developed for the purpose of connecting people and organizations. The essence of the platform is matching task-givers with executors without the involvement of any third parties. One Read more …

Why the Bitcoin Price Could Take a Very Long Time to Reach New Highs

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Throughout the past eleven months, the Bitcoin price has dropped from $19,500 to $3,000, by nearly 85 percent. The dominant cryptocurrency fell by 85 percent on average in its four past major corrections, so a similar drop from its all-time high was expected by many investors. But, according to Bitcoin and technology researcher Boris Hristov, this bear market could Read more …

A Look at the Multi-Currency Encrypted Messaging App ‘Chat.Chat’

Reviews Over the past few weeks, cryptocurrency proponents have been discussing a new messaging and collaboration platform called Chat.Chat. The application offers an all-in-one system with secure messaging, a multi-currency wallet and native communication with decentralized apps like Memo. Also read: Sirin Labs Launches Blockchain-Centric ‘Finney’ Smartphone The Chat.Chat Messaging Platform There have been a lot of attempts lately to create social media and messaging applications that integrate digital assets. One application that’s been catching some buzz in the cryptocurrency space is Read more …

German Firm Xolaris Launches Two Bitcoin Mining Investment Funds

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. German investment firm Xolaris has launched a European private-equity fund focused on bitcoin mining. Xolaris expects to raise $34 million to $57 million for the four-year project, the company announced in a press release. “Professional investors kept asking us to create a regulated product in the area of ​​cryptocurrencies,” said Stefan Klaile, the CEO of Xolaris. The fund has a Read more …