Robinhood Attracts $200 Million as Valuation Swells to $7 Billion: Report

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By CCN: Who says millennials don’t like to save and invest their money? By building a commission-free stock brokerage and trading app with a slick interface, Robinhood has built a $7 billion business in just six years. That’s the company’s valuation as it nears a $200 million funding round from its current financial backers, Bloomberg […]

It’s Water Under the Bridge as Zuckerberg & Winklevii Talk Crypto: Report

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By CCN: Mark Zuckerberg has been collaborating with his old rivals, the Winklevoss twins, to launch a digital currency that can be used across Facebook, WhatsApp, Instagram and beyond, according to a report in the Financial Times. Facebook’s cryptocurrency, reportedly dubbed GlobalCoin, is expected to make its debut next year. The FT reports that Facebook […]

Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain

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Two miners have purportedly executed a 51% attack on the bitcoin cash blockchain. Two miners have reportedly executed a 51% attack on the bitcoin cash (BCH) blockchain, according to tweets by Cryptoconomy Podcast host Guy Swann on May 24.A 51% attack occurs when someone controls the majority of mining power on a Proof-of-Work blockchain network. […]

Telegram Introduces New Programming Language for TON Network

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Encrypted instant messaging service Telegram has created a new programming language for its Telegram Open Network. Privacy-focused encrypted instant messaging service Telegram has created a new programming language for its Telegram Open Network (TON), according to a post on the project’s Telegram channel published on May 23.The post introduces a new language called Fift that […]

Traders Are Now Banned From Using Localbitcoins Exchange in Iran

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Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade volume on the Localbitcoins platform, which has been climbing steadily over the last […]

World’s Oldest Watch Manufacturer to Use Blockchain for Tracking Timepieces

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Swiss luxury watch and clock manufacturer Vacheron Constantin will start using blockchain technology to track its timepieces. Swiss luxury watch and clock manufacturer Vacheron Constantin will start using blockchain technology to track its timepieces, lifestyle magazine Robb Report reported on May 24.Founded in 1755, Vacheron Constantin is recognized as the world’s oldest watch manufacturer. The […]