The Litecoin Foundation has partnered with Ultimate Fighting Championship (UFC), one of the leading mixed martial arts organizations, in a deal to promote the cryptocurrency. The deal will see the litecoin logo displayed on the octagonal fighting canvas at an upcoming event called UFC 232 – a rematch between former UFC light heavyweight champion Jon […]

When merchants started introducing bitcoin and similar digital currencies as one of their payment methods, they quickly encountered a significant problem: price volatility. There were instances like a luxury item dealership, which used to accept bitcoins for their products but saw the value their Ferrari cars jump by almost 33% during a test run. The company, […]

The rumors of bitcoin’s death are greatly exaggerated, according to the stunning number of obituaries it racked up during a dismal crypto bear market. The original cryptocurrency has died 90 times in 2018, according to 99 Bitcoins. That’s slightly less than the 125 times it died in 2017. Despite detractors’ eagerness to bury it once and […]

The United Arab Emirates (UAE) is looking to join the list of leading destinations for blockchain-related businesses in 2019 due to promising new crypto legislation. Experts commented on the situation to the UAE’s daily newspaper The National on Monday, Dec. 24. As the UAE has announced a new legal framework for initial coin offerings (ICO) and hinted about possible regulation for crypto […]

Wall Street giants are postponing their plans to more actively enter the crypto industry as the value of cryptocurrencies has fallen, Bloomberg reports Sunday, Dec. 23. The article begins: “Limbo — that’s where to find Wall Street when it comes to cryptocurrencies,” and then focuses on the efforts in the crypto sphere this year made by banking giant Goldman Sachs, […]

After the high note with which crypto ended 2017, 2018 has been a dour reminder that crypto markets remain unpredictable at best. From its peak at nearly $20,000 in December, bitcoin spent most of 2018 in a steady decline. Today, bitcoin’s price is closer to $3,000, and the tumble has caused a ripple effect that has affected […]

Got a few million lying around? The yacht industry has long been thought of as the exclusive province of the extremely wealthy, closed to even nouveau riche millennials and crypto millionaires. Yet, the yacht industry is declining. Today, the superyacht industry caters primarily to the extremely wealthy, yet with the almost exclusive growth in supply of […]

In a very interesting edition of the Unchained Podcast that you really need to hear, BitMex CEO Arthur Hayes made an interesting comment that he believes that Bitcoin is still an experiment. Arthur Hayes went onto state that he thinks the crypto-sphere is still relatively small and the jury is still out in regards to […]

CCN previously reported on the arrest and murky background of Jared Rice, Sr., the “CEO” of the AriseBank ICO scheme which saw him lining his pockets and paying personal expenses out of raised funds in the extreme. Yesterday afternoon, the SEC announced that it had reached a settlement with Rice as regards its part of his legal troubles. […]

It seems that Malta is about to get a bank that will finally begin servicing crypto and blockchain companies as well as high net worth individuals, who until recently, have been shunned by traditional banks on the so-called ‘Blockchain Island’. OK Group’s investment arm, OK Blockchain Capital Limited, announced that it is the anchor investor in RnF Finance Limited, […]