Blockchain smartphone foxconn

Blockchain Smartphone Finds a Manufacturer

Electronics developer Sirin Labs is partnering with major Chinese manufacturer Foxconn to deliver a Blockchain-based smartphone called “Finney”. Foxconn subsidiary FIH Mobile will be tasked with mass-producing the latest crypto invention by the Swiss startup. As Sirin Labs CEO Moshe Hogeg explained, the phone’s primary purpose will be to bridge the gap between cryptocurrencies and…

Binance Withdrawals Halted: Security Breach?

In yet another harsh critique of cryptocurrency exchanges and their security, major trading hub Binance recently found itself under a potential hacker attack. Although details are sketchy, Binance was forced to halt withdrawals after detecting some unusual activity on its platform. The suspect transfers involved a massive jump in buy orders for Viacoin, which saw…

Ripple Signs Agreement With Saudi Arabia’s Central Bank

Earlier this week, Ripple announced a new agreement with The Saudi Arabian Monetary Authority (SAMA) to help banks in the nation improve their payments infrastructure. This announcement comes several weeks after Ripple’s CEO, Brad Garlinghouse, unofficially revealed the partnership at the Blockchain Connect Conference in San Francisco. The partnership will allow several banks from the…

India bitcoin price decrease

Making Sense of Bitcoin’s Recent Price Decline

Bitcoin suffered a sharp decline over the past few days, falling below $10,000. A deeper analysis of sentiment drivers, however, shows that Bitcoin’s bad publicity has little foundation, as every piece of bearish news turned out to be nothing more than a misinterpretation. Given the popularity of Bitcoin and other cryptocurrencies in India, it should…