Binance Coin (BNB) Rampages Again, Gains Staggering 287% in 2019

By CCN.com: Binance Coin (BNB) is the best performing crypto asset in the global market with the exception of cryptocurrencies that launched in 2019. According to OnChainFX, BNB was the only crypto asset to achieve an all-time high this year since 2017 and it is down about 9 percent from its record high. In contrast, bitcoin, which has performed relatively well throughout the past year, is down about 73 percent from its all-time high. Most ERC20 tokens in the market are down about 90 to 99 percent against the U.S. dollar. Why Binance Coin (BNB) Appealed to Crypto Investors Throughout

The post Binance Coin (BNB) Rampages Again, Gains Staggering 287% in 2019 appeared first on CCN

News – CCN

Samsung Coin? Electronics Giant Secretly Tests Ethereum Blockchain (ERC20) Token: Report

By CCN.com: According to CoindeskKorea, a crypto publication operated by mainstream media outlet Hankyoreh, Samsung Electronics is reportedly developing an Ethereum-based ERC20 token and is currently in the process of creating a mainnet. A source of the publication within Samsung Electronics said that the blockchain task force of the company has already tested several versions of a blockchain protocol on top of Ethereum. “Blockchain task force made several models and are evaluating . There are already several platforms that are functioning after some internal tests,” the source told CoindeskKorea. The report comes two months after Samsung Electronics introduced the Samsung

The post Samsung Coin? Electronics Giant Secretly Tests Ethereum Blockchain (ERC20) Token: Report appeared first on CCN

News – CCN

John McAfee Promotes Steven Seagal-Endorsed Crypto Scam Coin

CCN reported deeply on a pyramid scheme involving cloud mining and a highly pumped-and-dumped cryptocurrency called B2G (“Bitcoiin2G”). It was one of the longest and deepest reports of this reporter’s life. We found that Steven Seagal promoted B2G, and the scheme was hurting enough people that the State of New Jersey officially banned the promotion of it. B2G’s first use case was as a way to avoid paying people out in Bitcoin, via the various DragonMining (and affiliated) cloud mining scams. McAfee Joins Steven Seagal in Promoting B2G As we reported, at the time of its initial usage, only two

The post John McAfee Promotes Steven Seagal-Endorsed Crypto Scam Coin appeared first on CCN

News – CCN

Japan’s Biggest Bank Confirms Launch of Digital Currency ‘Coin’ in 2019

Following months of speculation about its proposed release date, Japan’s largest bank, Mitsubishi UFJ Financial Group Inc. has finally announced plans to launch its long-awaited in-house digital currency. Japan Times reports that Group President, Mike Kanetsugu revealed this week that the firm intends to rollout Coin before the end of 2019. According to Kanetsugu, MUFJ will lean on businesses including retail outlets and restaurants to adopt Coin, with the intention of achieving wider adoption, resulting in “connected economic blocs.” He also revealed that Coin will enable the various participating business to find out previously unavailable information about their customer bases,

The post Japan’s Biggest Bank Confirms Launch of Digital Currency ‘Coin’ in 2019 appeared first on CCN

News – CCN