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…

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…

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…

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…

US Court Dismisses SEC’s Claims That Blockvest Sold Unregistered Securities

A U.S. court has dismissed claims from regulator Securities and Exchange Commission (SEC) against decentralized blockchain-based assets exchange Blockvest, court documents released Nov. 27 confirm. The SEC suspended Blockvest’s Initial Coin Offering (ICO) via an emergency court order in October, with a subsequent legal battle ensuing over whether or not the firm’s BLV tokens were in fact unregistered securities under U.S. law. Part of multiple investigations into unregistered token sales by the regulator, the SEC’ retaliation initially saw U.S. District Court for the Southern District of California issue a temporary…

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,…

Bitcoin Sees Biggest Single-Day Price Gain Since April

Bitcoin (BTC) is teasing a short-term bullish reversal, having just recorded its biggest single-day gain in seven months. Prices closed yesterday (UTC) at $4,257, a 24-hour increase of 11.43 percent and the highest daily gain since April 12, according to CoinMarketCap. Back then, the cryptocurrency was trading above $6,900, 38 percent higher than the current price of $4,345. Interestingly, the 13 percent price gain witnessed that day had been preceded by a 45 percent drop and a minor bout of consolidation. More importantly, the big bullish move of April 12…

Bitcoin Price Watch: BTC/USD Turned Short Term Bullish

Key Points Bitcoin price climbed higher and broke the $4,080 and $4,200 resistance levels against the US Dollar. There is a short term bullish trend line formed with support at $4,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently trading nicely above the previous resistance (now support) at $4,080. Bitcoin price made a few nice bullish moves above $4,000 against the US Dollar. BTC/USD must stay above the $4,050 and $4,000 supports to resume its upward move. Bitcoin Price Analysis Yesterday, we…