Chinese Billionaire Bitcoin Investor “Done” With Investing in ICO Projects

Li Xiaolai, the founder of Beijing-based venture capital firm BitFund and a widely recognized billionaire Bitcoin investor in China, has publicly stated that he will personally move away from the blockchain and initial coin offering (ICO) space. He said on…

Huobi Denies Involvement in Alleged EOS Voting Manipulation

Huobi has denied any involvement in the alleged EOS voting manipulation and collusion that emerged last week. The allegation of collusion among EOS block producers (BPs) comes firmly on the heels of news that four senior executives recently resigned form…

Crypto is the Inevitable Future of Money

At the UN General Assembly, Malta Prime Minister Joseph Muscat stated that blockchain technology will allow crypto to inevitably become the future of money. He stated: “I passionately believe technology revolutionizes and improves systems. This is why in Malta, we…

Tether Dominates 98% of Stablecoins’ Daily Trading Volume: Report

Despite the criticisms of opaqueness and centralization leveled against Tether, the stablecoin which was initially known as RealCoin continues to beat its rivals by wide margins. In a report titled The State of Stablecoins, digital assets tech firm Blockchain Luxembourg…

Big Brokers, a Bigger Circle, and MakerDAO’s Round: This Week in Crypto

Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, YouTube or wherever you get your podcasts. Price Watch: Bitcoin is down…

Ripple Overtakes Ethereum Again With 7% Surge, Market Recovering

Over the past 24 hours, Ripple (XRP) has overtaken Ethereum once again with a 7 percent surge in price, achieving a market valuation of $24.28 billion. The market cap of Ethereum remains slightly below that of Ripple at $24.15 billion…

Sierra Leone, United Nations to Develop Blockchain Digital ID System

Two of the United Nation’s wings are joining hands with Sierra Leone government to build a blockchain-based ID system for their seven million people. The UN Capital Development Fund (UNDCF) and the UN Development Programme (UNDP) have entered into a…

Bitcoin Exchanges in India Have Started to Shut Down, It’s Already Late

Earlier this month, CCN reported that the Securities and Exchange Board of India (SEBI) sent government officials to Japan and Switzerland to better understand Bitcoin and crypto-related regulations prior to a supreme court hearing on a crypto trading ban imposed…

Thailand’s Siam Commercial Bank will Pioneer ‘Multi-Hop’ on Ripple Blockchain

According to a September 28thblog from Ripple, the Siam Commercial Bank (SCB) will be the first to use RippleNet’s “multi-hop” feature. This will allow the bank to settle frictionless payments on behalf of other financial entities in Ripple’s enterprise blockchain network.…