Google CEO Sundar Pichai Says His Son is an Ethereum Miner

Google co-founder Sergey Brin and CEO Sundar Pichai have a lot more in common than just their jobs. Both tech billionaires have crypto-savvy young sons who mine ethereum. Pichai said his 11-year-old son mines ethereum on a home computer that Pichai built himself, according to Business Insider. He made the amusing revelation at the New York Times DealBook The post Google CEO Sundar Pichai Says His Son is an Ethereum Miner appeared first on CCN

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Google-Backed Fintech Startup Uses Bitcoin for Cross-Border Settlement

Veem, a cross-border payments platform that uses bitcoin to move funds among businesses without the need of banks, has raised $25 million in a round led by Goldman Sachs, according to Forbes. The service, which does not require either counterparty to hold bitcoin directly, has quadrupled its revenue in the past year. Also participating in the The post Google-Backed Fintech Startup Uses Bitcoin for Cross-Border Settlement appeared first on CCN

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HTC Layoffs Won’t Impact Production of ‘World’s First Blockchain Phone’

Smartphone manufacturer HTC’s recently-announced round of layoffs will not affect the development or production of the HTC Exodus, which the firm has said will be the “world’s first native blockchain phone,” CCN has learned. This week, the Taiwan-based company announced that it would be laying off 1,500 employees – nearly 25 percent of its global The post HTC Layoffs Won’t Impact Production of ‘World’s First Blockchain Phone’ appeared first on CCN

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Trump Bans Petro, a Pacquiao ICO and the Caribbean Goes Crypto: Week in Review

What happened in crypto this week? Price Watch Bitcoin is up 16% this week to $9,000. This comes as part of an increase across the entire cryptocurrency market. It’s also likely the result of higher trading volumes. Fundstrat’s Thomas Lee made a price prediction of  Bitcoin reaching $91,000 by March 28, 2020. Morgan Stanley likened Bitcoin The post Trump Bans Petro, a Pacquiao ICO and the Caribbean Goes Crypto: Week in Review appeared first on CCN

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