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  • Bitcoin Price Hits 7-Month High Against Turkish Lira

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    Bitcoin (BTC) jumped to seven-month highs against Turkey’s national currency, the lira (TRY), on Monday. The price spike comes after the U.S. imposed sanctions against Turkey on Friday for continuing to hold an American pastor in custody. The resultant economic shock-wave has seen the lira drop to a new lifetime low of 7.20 TRY against […]

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  • Marvel Weighs Legal Move Against Crypto Startup’s ‘Wacoinda’ Plans

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    Marvel is not yet sure if it will oppose a cryptocurrency startup playing off the name of the fictional nation of Wakanda from the Black Panther film. The comic book giant’s subsidiary, Marvel Characters, filed for extensions with the U.S. Patent and Trademark Office to receive more time before deciding whether it will oppose the […]

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  • Wall St. slips as Turkey’s currency worries hurt bank stocks

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    U.S. stock indexes fell on Monday as a plummeting Turkish lira weighed on shares of big U.S. lenders, but losses on the Nasdaq were limited by high-flying companies such as Apple and Amazon that hit record highs. The financials .SPSY slipped 0.63 percent as U.S. bank stocks, like its European counterparts, bore the brunt of […]

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  • Turkey accuses US of ‘stab in back’ as currency woes persist

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    Moves to ease Turkey’s economic woes have failed to stop market turmoil as the country’s row with the US deepens. Turkey’s President, Recep Tayyip Erdogan, said on Monday that the US was seeking to “stab it in the back”. The US last week imposed sanctions on Turkey over its refusal to extradite a US preacher […]

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  • Bitt Inks Blockchain Deal With Another Caribbean Central Bank

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    Barbados-based blockchain startup Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten (CBCS) to look into issuing a central bank-backed digital currency for the two nations. Bitt, a portfolio company of Overstock’s Medici Ventures, said Monday that it has signed a memorandum of understanding (MOU) with the central bank for the Dutch Caribbean […]

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  • Op-Ed: Crypto-Security – the Good, the Bad, and the McAfee

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    If you’ve been following the news over the past few days then you might have noticed CCN’s coverage on reported acquisition of unauthorised hacker access to the recently released Bitfi hardware wallet, created by controversial cybersecurity veteran John McAfee (ex-McAfee Associates, Cloak Phone). Whilst the Bitfi security saga has gained widespread media attention, largely due to Mr. McAfee’s involvement, it has […]

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  • Motorola August 15 Event: Launch Could Include P30 Smartphones

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    Motorola’s August 15 event could bring more than just the launch of the Moto Z3 in China. Leaked images from MySmartPrice show that the company is planning to launch three other phones, the Moto P30 Play, P30 and P30 Note. The P30 smartphones appear to be a new series from the company. There are no […]

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  • Trump backs boycott of Harley Davidson in steel tariff dispute

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    WASHINGTON  – President Donald Trump backed boycotting American motorcycle manufacturer Harley Davidson Inc (HOG.N) on Sunday, the latest salvo in a dispute between the company and Trump over tariffs on steel. The Wisconsin-based motorcycle manufacturer announced a plan earlier this year to move production of motorcycles for the European Union from the United States to […]

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  • Kim Dotcom: Invest in Bitcoin Before U.S. Debt Spirals Out of Control

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    By Laura Desmond Controversial Internet pirate and bitcoin advocate Kim Dotcom is urging everyone to invest in gold and bitcoin because the U.S. government is adding $1 trillion to its debt every year, which will never be paid. The debt will destroy the U.S. and create a global economic collapse, Dotcom argued in a tweet. Dotcom also tweeted […]

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  • Blockchain Music Startup Raises $5.5 Million in Series A Funding

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    Audius, a decentralised, community-owned music sharing platform billed as the blockchain’s answer to Soundcloud has announced the successful completion of a $5.5 million Series A funding round as it launches the world’s first ever blockchain-based music sharing protocol. Made on August 8, 2018, the announcement revealed that the funding round was led by General Catalyst and […]

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