SIRIN LABS Releases $999 Blockchain Phone: ‘FINNEY’

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. The FINNEY phone came out today at a launch event in Barcelona. The $999 phone is the first of its kind, integrating blockchain technology at its core in order that its users may can securely use blockchain products. The product aims to address issues that cryptonaughts face in mobile computing, particularly those related to securely transacting, and it is the latest in a projected long line…

Blockchain Phone | Sirin Labs Finney Device Ready for Shipping

Sirin Labs’ blockchain phone is expected to begin shipping in late December, it was announced today. The phone’s final design was unveiled at an event in Barcelona. Sirin Labs’ Blockchain Phone Dubbed ‘Finney,’ the blockchain phone promises to advance the user experience of decentralized apps, or dApps. The blockchain phone was developed off the back of an initial coin offering in which Sirin Labs raised $157 million earlier this year. However, it’s wondered if the creation of Finney is an example of putting the cart before the horse, as there simply…

Bitcoin (BTC) up Nearly 20% in 48 Hours

Bitcoin (BTC) made a rather dramatic comeback just 48 hours ago. At press time, the world’s first digital currency is currently trading above $4,300. The entire crypto community is buzzing, as most altcoins have followed BTC’s upward movements. Bitcoin (BTC) Comeback The cryptocurrency community took a huge hit in mid-November when Bitcoin Cash miners started a hash war. Investors lost confidence in the maturity of the community, as the war dragged out after Bitcoin Cash split in two. On one side was Roger Ver, CEO of Bitcoin.com, who led the…

Coinbase Adds Privacy-Centric Crypto Zcash to Pro Trading Exchange

Crypto exchange Coinbase Pro is adding privacy coin zcash to its listings. The platform announced Thursday that customers can transfer zcash into its professional trading platform, though as with previous additions, users can not yet purchase the token until the exchange has established enough liquidity. Deposits will be accepted for at least 12 hours after the announcement at 18:00 UTC. When trading is enabled, only Coinbase Pro users in most of the U.S., UK, European Union, Canada, Singapore and Australia will be able to access the coin. New York residents…

Bloodbath in US Stock Market Likely, Bitcoin a Good Long-Term Bet

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Student loans, credit card debt, mortgage, corporate loans, and all kinds of debt are placing huge pressure on the U.S. stock market. Over the long-term, Mark Yusko believes emerging markets and Bitcoin are viable long-term bets for investors. On CNBC’s Fast Money, Morgan Creek Capital Management CEO and chief investment officer Mark Yusko expressed his concerns towards the “melting” stock market of the U.S. and warned…

New Token Concept From EOS’ Dan Larimer Fails to Win Fans

Daniel Larimer, the CTO of blockchain company and EOS developer Block.One, has plans to develop a new cryptocurrency side project, he said in Telegram messages Nov. 28. Larimer, also known as BM in developer circles, gave only vague information about plans for a “hypothetical token,” which would be “immutable, non-programmable, and limited to a currency role.” The token, if launched, would mark the latest contribution from Larimer to the altcoin world, the developer also holding the titles of co-founder of blockchain social network Steemit and creator of DAO BitShares. On…

TRON Announces $100 Million Blockchain Gaming Fund

Decentralized internet protocol TRON announced its plans to launch a blockchain gaming fund dubbed TRON Arcade in a press release shared with Cointelegraph Nov. 29. TRON Arcade, which the company says is designed to “empower developers,” will see investment totalling a giant $100 million over the next three years. The move is another long-term commitment from TRON, which acquired file sharing giant BitTorrent earlier this year. According to TRON CEO Justin Sun, the Arcade will “play a crucial role” in the firm’s expanding popularity. “TRON strives to tackle existing issues…

Crypto Market Recovers, TRON Surges 33%

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Within the past 24 hours, the crypto market has added $19 billion to its valuation as the price of Bitcoin (BTC) surged to $4,300. After dropping to the low $3,000 region, Bitcoin engaged in an unexpected price rally, rising by more than 15 percent on a single day. The newly established momentum of Bitcoin allowed the rest of the cryptocurrency market to recover. Major digital assets…

UAE Launches Blockchain Initiative to Process 50% of Govt. Transactions by 2021

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. The government of the United Arab Emirates has unveiled two national initiatives focusing on strengthening the position of the country globally in emerging technologies such as blockchain and artificial intelligence. One of the programs that were launched during the second UAE Government Annual Meetings which took place in the capital Abu Dhabi was the AI and Blockchain Guide initiative, as initially reported by the Emirates News…

Tron’s TRX Posts 44.14% Weekly Gains in Market-wide Rebound

Tron (TRX) has surged as much as 40% this week as the global crypto market rebounded from their lowest levels this year. The overall rebound appears in the wake of a peaceful closure between Bitcoin ABC and Bitcoin SV groups. The two, formed after the split of Bitcoin Cash blockchain, had spoiled the crypto market sentiment by waging a so-called hash war over the original BCH ticker. Weeks after ABC gained supremacy over the Bitcoin Cash network, SV conceded defeat and went its separate way as a standalone crypto-project. Nevertheless,…