Bitcoin Expert Jeff Garzik Exposes Crypto’s ‘Economic Paradox’

By CCN: Early Bitcoin developer Jeff Garzik revealed what he believes is the most daunting challenge the flagship cryptocurrency faces today. He also chimed in on the “economic paradox” that threatens to stifle Bitcoin development. Bitcoin’s Biggest Hurdle? Scaling. Scaling. Scaling. Speaking in an exclusive interview with CCN, Jeff Garzik, who was one of Satoshi […]

EOS Developers Attempt 10% Buyback Ahead of Major Announcement

Earlier this week, it was revealed that EOS developer Block.one is attempting a 10% buyback of its stock, reportedly the second one in less than a year. It seems that some of the company’s investors are up for a big payday: The earliest backers could expect a hefty 6,567% return on their initial investments, while […]

Bitcoin Is Plagued by an Insidious Flaw

By CCN: Bitcoin has a crippling governance problem, but it’s not what you think it is. Technical solutions deftly manage consensus on the world’s most popular cryptocurrency network. But how will we deal with wealth inequality – and the power imbalance that inevitably accompanies it? To put it bluntly: Wealth inequality will not magically disappear […]

Major Swiss Telecoms Firm Swisscom to Distribute Tokenized Artwork

Major Swiss telecommunications company Swisscom announced its plans to distribute tokenized artwork through its Swisscom TV television network. The news was revealed in a press release published on May 22. Per the release, limited artworks — initially 100 works by 30 artists — from selected artists are exclusively available on the Swisscom TV box through […]

Dow Teeters on Knife’s Edge as Trump’s Trade Crusade Hits Japan

By CCN: President Donald Trump flew to Tokyo today for high-stakes trade talks with Japan as stock market sentiment teeters on the brink of collapse. The maverick president’s erratic approach to international trade has taken a significant bite out of the Dow Jones (DJIA) over the last few weeks. Bulls will be desperate to see […]

Bitcoin Holds Over $8,000 as Top Altcoins See Minor Losses

Saturday, May 25 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) still holds over the $8,000 mark, with minor gains on the day. Market visualization courtesy of Coin360 Bitcoin is a fraction of a percent up on the day, trading at $8,025 at […]

Crypto Market Remains Strong: Bitcoin Cash, BNB, EOS, TRX Price Analysis

The total crypto market cap grinded higher and tested the $245.0B resistance area. Bitcoin price is currently consolidating near the $8,000 level. EOS price broke the $6.30 resistance and it is currently moving towards the $6.40 level. Binance Coin (BNB) is surging higher and it recently broke the $35.00 resistance. Bitcoin cash price is trading […]

Facebook Globalcoin: Bitcoin Killer or Bitcoin Multiplier?

It may sound like a 2014-era shitcoin, but Globalcoin is this year’s most anticipated new digital asset. It doesn’t matter that it’s not decentralized, not permissionless, and not even crypto. The only question that really matters is what does Facebook’s currency spell for bitcoin? Will it steal its thunder or accelerate bitcoin adoption? Also read: […]

ICO Sector Signals Uptick After Crypto Winter

The initial coin offerings (ICO) sector is showing signs of an uptick due to positive investor sentiment, apparently spurred by the recent crypto market rally. The data was revealed in a new report from token rating platform ICObench, shared with Cointelegraph on May 25. Providing data as of May 21, the report notes that the […]

Why the World’s Largest Bitcoin Exchange is Fighting a VC Behemoth

Changpeng Zhao has filed a claim for compensation against Sequoia Capital (China) for unfairly preventing him from raising funds for Binance, which has since become the biggest crypto exchange in the global market. The chief executive blamed the venture capital firm for falsely accusing him of breaching exclusivity by initiating parallel discussions with a competition for […]