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Venezuelans Queue Up at Gas Stations as Maduro’s Latest Fintech Plan Falters

As Venezuelan President Nicolas Maduro starts rolling out major monetary changes, citizens have hit a snag with the new point-of-sale systems at gas pumps, according to a report from Reuters. Long lines gathered at gas stations where drivers were unable to use the payment systems to purchase gas, adding to the list of infrastructure problems caused by hyperinflation, including healthcare and ...

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Waves Value Surges 45 Percent following Smart Contract Announcement

Waves token value appreciated against the US Dollar after the company announced to launch a new smart contract protocol for their blockchain. Waves’ Smart Contract Protocol Announcement Excites Bulls The WAVES/USD value on Binance rose from 1.90-fiat to as high as 2.76-fiat on the day of the announcement, amassing over 45 percent gains. The pair formed higher highs towards the ...

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New Technology Allows Drastic Rise of Blockchain Network Throughput

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. A Silicon Valley-based project is developing a sovereign technology called Integrated Blockchain Architecture (IBA), leveraging IPFS protocol with sharding mechanisms. Splend, blockchain startup, is about to release an IBA-based wallet application, proclaimed to ...

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India’s Supreme Court Hears Crypto Exchanges vs. Central Bank Case Today

India’s Supreme Court is today hosting the final hearings of the ongoing case between cryptocurrency exchanges and the central bank concerning the latter’s blanket banking ban introduced in April. The country’s foremost court is hearing petitions and the case against the circular issued by the Reserve Bank of India (RBI) in April 2018. In it, the central bank issued a ...

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Market Recovery Expected After Flurry of Positive News

Bitcoin has found stability in the low range of $6,300 to $6,400, demonstrating decent volume at around $3.8 billion and pushing its dominance index to 56.1 percent. Well performing tokens including WanChain, VeChain, Decentraland, and Waltonchain have recorded large losses against the US dollar in the range of 5 to 10 percent, mostly likely due to the struggle of ETH, ...

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S.Korea’s Central Bank Sweats Over ‘Kimchi Premium’ in Crypto Prices

While South Korea’s government policies have largely nullified the so-called ‘Kimchi Premium’ in cryptocurrency prices, the country’s central bank has called for continued monitoring into markets. Officials at the Bank of Korea (BOK), the country’s central bank, have called for continued vigilance into South Korean crypto trading markets in an attempt to keep a lid on the heightened premiums of ...

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Crypto Exchanges are Evading China’s Ban by Changing Domain Names

Despite the rise in control measures over cryptocurrency trading, observers are almost certain that Chinese investors will continually skirt the ban, which makes it nearly impossible for authorities to shut down trading entirely, per reports from the South China Morning Post (SCMP.) SCMP references an earlier story published on the Shanghai Securities Times which reported that trading authorities were beefing ...

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Bitcoin Not Useful for Terrorists, Expert Tells US Congress

Despite scattered reports and fears about crypto’s potential use in facilitating terror activities, multiple bitcoin fundraising attempts have failed and cash remains substantially more useful to terrorists. This was the message delivered by Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance in a prepared testimony delivered to the House Financial Services Committee ...

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Bitcoin Not Useful for Terrorists, Expert Tells US Congress

Despite scattered reports and fears about crypto’s potential use in facilitating terror activities, multiple bitcoin fundraising attempts have failed and cash remains substantially more useful to terrorists. This was the message delivered by Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance in a prepared testimony delivered to the House Financial Services Committee ...

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ARUXM has Announced Testing ERC20 Token-Based Production Protocol with IOTA Tangle

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 in the press release. Bitcoin ...

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