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Tag Archives: BUSINESS

Business Still Good, Despite Exchange Volume Drop

Binance cryptocurrency exchange CEO Changpeng Zhao said that the company is not concerned over low trade volumes caused by the current market slump, according to an interview with CNBC Africa posted on YouTube Nov. 8.   Speaking on CNBC Africa’s “Crypto Trader” show, Changpeng Zhao — also known as CZ — said that the exchange is not worried by a ...

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Nine Leading Shipping Operators Launch Global Business Network Based on Blockchain

Nine major terminal operators and shipping companies have signed a Memorandum of Understanding (MoU) to launch an open digital platform based on distributed ledger technology (DLT), The Maritime Executive, a major industry source for maritime and marine news, reported Nov. 6. The MoU, aimed at forming a consortium to develop a shipping industry blockchain alliance dubbed the Global Shipping Business ...

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Japan’s Shinsei Bank, Nippon Wealth Form Business Alliance with Blockchain Startup ConsenSys

Japan’s Shinsei Bank has signed a Memorandum of Understanding (MoU) with blockchain startup ConsenSys to widen its exploration of the technology’s applications for finance, Cointelegraph Japan reports Nov. 8. According to an English-language press release published the same date, the MoU entails a business alliance between Shinsei Bank, Hong Kong-based restricted license bank Nippon Wealth, Singaporean private equity fund Tribay ...

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BTCC Mining Pool to Shut Down Indefinitely “Due to Business Adjustments”

BTCC, China’s oldest Bitcoin exchange, is shutting down its mining pool, which has been operating for more than four years, the company announced. The firm claims the decision to cease operations indefinitely from November 30 is due to business adjustments. BTCC’s Mining Pool to Cease Operations Indefinitely from November 30 The cryptocurrency mining pool launched by Hong Kong-based Bitcoin exchange ...

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BitMart Lists ERC20 Token Berith (BRT), an Integrated Business Platform

Twitter Facebook 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 ...

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LocalBitcoins Seller Pleads Guilty to Operating Unlicensed Business

A LocalBitcoins seller pleaded guilty of operating an illegal money transfer business in a Southern California federal court earlier today. The defendant admitted to buying thousands of Bitcoin over a 16-month period and selling them through the popular peer-to-peer marketplace without the correct licence to do so. Bitcoin Dealer Agrees to Forfeit Over $820,000 According to a news release from the ...

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The Global Business Advisory Platform For Small Business

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. Achieving ...

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Kenyan Business Owner Demonstrates Usability of Cryptocurrencies

A meat barbeque restaurant, Betty’s Place in Nyeri, Kenya, recently started to accept Dash and Bitcoin, and BBC News recently covered their adoption. “Since the world is becoming more global, my place is also becoming a global restaurant”. The restaurant owner, Beatrice Wambugu, describes herself as “a crypto-currency pioneer”. The new acceptance isn’t massive adoption since they just have made ...

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Business Lobby Group Sends Prime Minister Medvedev Proposal on Crypto Regulation

A lobby group of the Russian Union of Industrialists and Entrepreneurs (RSPP) has recently sent its proposals for crypto regulation to country’s prime minister Dmitry Medvedev, Russian business media RBC reports Monday, Oct. 22. Per a document obtained by RBC, the head of RSPP Alexander Shokhin criticizes the main draft that was accepted by the Russian State Duma in the ...

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Moscow Bitcoin Boutique Speaks Business and Regulations Post Crash

A physical store in Central Moscow looks like a miniature version of the New York Stock Exchange (NYSE). Except, the store doesn’t list stocks on its trading screens; it lists Bitcoin and other cryptocurrencies. DeeCrypto has been in business since seven-months but is more than just a place that lets members exchange virtual currencies in a physical world. The two-floor ...

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