U.K. Artist Disrupts Art Industry With Cryptocurrency – CCN.com

U.K. Artist Disrupts Art Industry With Cryptocurrency – CCN.com

A U.K.-based contemporary artist has just sold his best collection for 490 bitcoin. | Image: Shutterstock. United Kingdom-based contemporary artist, Lincoln Townley, has announced the sale of a 19-painting collection to a Singaporean investor in exchange for 490 bitcoin (BTC). Speaking with CCN, Townley stated that the deal was made when BTC was priced at…

PlayStation 5 Has the Potential to Kill the PC Gaming Industry

PlayStation 5 Has the Potential to Kill the PC Gaming Industry

TwitterFacebookLinkedIn Sony’s PlayStation 5 is expected to be more powerful than some of the graphics cards currently on offer and could make PC gaming obsolete. | Source: Justin Sullivan/Getty Images/AFPBy CCN Markets: Sony is expected to pack the PlayStation 5 with high-end specs, but the latest leak indicates that the Japanese giant is going to…

Crypto Mom Scolds SEC for ‘No Meaningful Action’ to Spark Crypto Industry

Crypto Mom Scolds SEC for ‘No Meaningful Action’ to Spark Crypto Industry

TweetShareBy CCN: ‘Crypto Mom’ and SEC commissioner, Hester Peirce, has extended yet another olive branch to the cryptocurrency community.Speaking at the Securities Enforcement Forum in California on May 9th, Peirce said officials should be wary of stifling creativity with overzealous regulation. However, she also suggested a lack of regulation could have a similarly negative effect…

Crypto Winter Freezes New York Bitcoin Mining Industry

Crypto Winter Freezes New York Bitcoin Mining Industry

TweetShareA unique characteristic of many upstate New York cities is their low energy rates. Hydroelectric dams along the St. Lawrence river give residents electricity so cheap that many even heat their homes with it. The region made perfect sense for crypto miners during the “gold rush” days of 2017 and early 2018, and the increased…

Crypto Can Help Starving Artists Survive Music Industry Changes

Crypto Can Help Starving Artists Survive Music Industry Changes

TweetShareMusic is a vital part of our daily lives. Beats pouring out of speakers, headsets, and across crowds set the tone for much of our routine. Yet, we often demand free content from artists, never thinking of the work that went into making even the simplest song. Streaming platforms like Spotify have formed a bridge…

Bakkt Raises $182 Million, What it Means for the State of Bitcoin Industry

Bakkt Raises $182 Million, What it Means for the State of Bitcoin Industry

TweetShare Bakkt, a cryptocurrency exchange and liquidity provider created by the New York Stock Exchange’s parent company ICE has raised $182.5 million from a group of high profile investors and venture capital firms. On December 31, on New Year’s Eve, Bakkt CEO Kelly Loeffler announced that Boston Consulting Group, CMT Digital, Eagle Seven, Galaxy Digital,…

Binance CEO ‘Very Confident’ in Cryptocurrency Industry’s Future

Binance CEO ‘Very Confident’ in Cryptocurrency Industry’s Future

TweetShare Binance CEO Changpeng Zhao (CZ) has expressed deep confidence in the prospects of cryptocurrency despite the challenging industry conditions that have defined most of 2018. Speaking during a conversation with “Bloomberg Daybreak: Middle East” hostsTracy Alloway and Yousef Gamal El-Din, he also stated that Binance intends to start off the new year “with a bang” in…