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Ethereum Studio ConsenSys to Trim Workforce amid Bear Market Woes

Just as Steemit had done in the previous month, ConsenSys, the Ethereum-based studio, will be laying off about 13% of its total workforce as part of a move to ‘restructure’ the company. The company, which was founded by billionaire Joseph Lubin, co-founder and early investor in Ethereum, is now looking to reorganize in a market […]

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Companies that Accept Bitcoin – List Updated for 2019

While many Bitcoiners prefer simply to hold their coin, plenty also love to spend it. Over its history, more and more companies have integrated support for Bitcoin. It’s not just for gambling anymore – you can purchase almost anything with it. Here CCN.com provides a detailed list of companies which are currently accepting Bitcoin as […]

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‘Illegal Financial Activity’: PBoC Deputy Governor Warns Against STOs in China

Security token offerings (STO) – essentially initial coin offerings which are backed by tangibles such as a company’s revenues, profits or assets – are now officially banned in China. This emerged after the People’s Bank of China (PBoC) deputy governor, Pan Gongsheng, warned those issuing STOs that they were violating the law. “The STO business […]

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EOS Surges 16% Over the Weekend, Eyeing Extended Gains

Despite the criticism it is receiving for being a pseudo-decentralized blockchain project, EOS is performing exceptionally well on the trading front. The EOS/USD rate during the weekend noted more than 16% surge. The upside action came in continuation of a strong bounce back from the 1.546-fiat level on Friday. The combination of Friday and weekend […]

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Crypto Exchange Gemini Lists Bitcoin Cash with NYDFS Approval

Crypto exchange Gemini has announced that it now supports trading and custody activities for Bitcoin Cash (BCH), effective this weekend, with full trading slated to begin on Monday. With the announcement, the exchange platform founded  by bitcoin billionaire twins Cameron and Tyler Winklevoss now supports five cryptocurrencies, namely Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Zcash […]