Cryptocurrency news

• UK: Bank of England Researching Digital Currency, No Plans To Launch

  23-02-2018 23:30 via newsbtc.com
  Despite rumours to the contrary, the UK government have announced that they will not be following the likes of Venezuela in launching their own digital currency for now. Whilst the Bank of England are indeed studying the implications of centrally-issued electronic currency, a government minister has stated that there are no plans in the immediate future to launch their own.
  Government Respond to Opposition Query
  According to the Independent, the issue was raised by a Labour MP in early February.
  
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• Video Game Giant Ubisoft Is Exploring Blockchain Use Cases

  23-02-2018 23:00
  Ubisoft, the company behind Assassin's Creed and Just Dance, is exploring applications of blockchain for video games.
  
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• CAC, a Dark Horse in Asia’s Booming Blockchain Market

  23-02-2018 23:00 via newsbtc.com
  On February 16, 2018, the first ever Digital Currency Blockchain Forum was held in Almaty, Kazakhstan, during which, CAC, the high-profile Credit Asia Chain, was officially launched with a star-studded team and advisory committee spanning from blockchain experts, to consumer finance veterans, and government officials.
  What is CAC?“CAC (Credit Asia Chain) is a social credit platform based on blockchain technology. Th
  
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• Scam-Free: Binance CEO Officially Receives Twitter Verification

  23-02-2018 22:50
  The post Scam-Free: Binance CEO Officially Receives Twitter Verification appeared first on CCN
  Chengpang Zhao, CEO of crypto exchange Binance is the proud new owner of a Twitter account with a verified blue check mark symbol on it. Despite Zhao being the third richest person in the cryptocurrency industry with a net worth well over $1 billion, his Twitter account was among those of regular folk since he
  The post Scam-Free: Binance CEO Officially Receives Twitter Verification appeared first on CC
  
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• GDAX Announce Full SegWit Support, Network Fees Continue to Fall

  23-02-2018 22:15 via newsbtc.com
  GDAX, the trading arm of cryptocurrency brokerage Coinbase, announced today that they will implement full SegWit support for Bitcoin transactions in the coming days. The protocol upgrade aims to make transactions quicker and cheaper for users of BTC.
  GDAX Joins Coinbase and Bitfinex
  GDAX are the latest of the cryptocurrency industry’s major players to offer support for SegWit. They follow their parent-company Coinbase and Hong Kong-based exchange Bitfinex in rolling out the upgrade. GDAX m
  
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• New York Lawmakers Open to Revisiting the BitLicense

  23-02-2018 22:00
  Two New York state senators held a roundtable Friday on the controversial BitLicense regulation, and said legislation to reform it may come soon.
  
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• New York Lawmakers Are Open to Revisiting the BitLicense

  23-02-2018 22:00
  Two New York state senators held a roundtable Friday on the controversial BitLicense regulation, and said legislation to reform it may come soon.
  
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• A New Georgia Bill Could Allow Residents to Pay Taxes with Bitcoin

  23-02-2018 21:53
  The post A New Georgia Bill Could Allow Residents to Pay Taxes with Bitcoin appeared first on CCN
  Georgia has become the latest US state to consider allowing its residents to pay their taxes using Bitcoin and other cryptocurrencies. Senate Bill 464, which was introduced on Feb. 21 by Republican state senators Michael Williams and Joshua McKoon, aims to amend Georgia’s laws regarding tax payments to compel the state’s revenue commissioner to accept
  The post A New Georgia Bill Could Al
  
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• Bank of America Now Considers Crypto a Business Risk

  23-02-2018 21:05
  The bank warns its investors that cryptocurrencies could hamper its ability to comply with anti-money-laundering regulations, among other dangers.
  
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• Venezuela’s President Orders State-Owned Companies to Accept Petro

  23-02-2018 20:22
  The post Venezuela’s President Orders State-Owned Companies to Accept Petro appeared first on CCN
  After officially launching the oil-backed Petro (PTR), Venezuela’s own cryptocurrency, the country’s leader Nicolás Maduro has ordered state-owned businesses to transact in it when buying and selling products and services. According to a video posted on Twitter by local television network VTV, the Venezuelan president ordered these businesses to convert a percentage of their
  
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• Colorado Department of Transportation, CDOT, Completely Offline After Ransomware Virus

  23-02-2018 20:17 via newsbtc.com
  Employees at the Colorado Department of Transportation (CDOT) spent the second day offline today, while security officials — including the FBI — continue to investigate a ransomware virus that hijacked computer files and demanded payment in Bitcoin for their return.
  According to Amy Ford, a CDOT spokeswoman, only employee computers running Windows and equipped with McAfee security software were impacted.“No one is back online. What we’re doing is working offline. All
  
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• Austria Planning New Regulations for Cryptocurrency, ICOs

  23-02-2018 20:00
  Austria is drawing up cryptocurrency regulations, using as a model existing rules for the trading of gold and derivatives.
  
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• Tezos Foundation President Johann Gevers Resigns Amid Board Reorganization

  23-02-2018 19:16
  The post Tezos Foundation President Johann Gevers Resigns Amid Board Reorganization appeared first on CCN
  Controversial Tezos Foundation President Johann Gevers has formally resigned his post as part of a wider board reorganization. Gevers, who led the independent Swiss Tezos Foundation, had often been at odds with Tezos founders Arthur and Kathleen Breitman, who control the intellectual property associated with Tezos through their company, Dynamic Ledger Solutions. The disagreement ultimately
  T
  
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• GoHelpFund Develops Blockchain Platform To Make Donations Transparent

  23-02-2018 19:12
  The post GoHelpFund Develops Blockchain Platform To Make Donations Transparent appeared first on CCN
  This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. The GoHelpFund, a distributed platform powered by Amazon Web Services and Ethereum, will allow people to donate to causes like preventing poverty and terrorism using a cryptocurrency called
  The post GoHelpFund Develops Bl
  
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• Ethereum Governance 'Not That Bad' Says Buterin Amid Fund Debate

  23-02-2018 19:00
  During an ethereum core developer meeting Friday, Vitalik Buterin argued the protocol's governance isn't functioning poorly, it's just misunderstood.
  
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• Gartman Loses Big On Biotech-Turned-Blockchain Stock

  23-02-2018 18:28
  The post Gartman Loses Big On Biotech-Turned-Blockchain Stock appeared first on CCN
  Dennis Gartman, the longtime publisher of an investment newsletter and television commentator known as the “commodities king” famous for touting blockchain technology while dissing bitcoin, might be having second thoughts about placing retirement funds in Riot Blockchain Inc. Riot Blockchain lost a third of its value on Feb. 16 following a CNBC report about the
  The post Gartman Loses Big On Biotech-Tu
  
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• Austria Plans to Regulate Bitcoin Like Gold, Derivatives

  23-02-2018 17:28
  The post Austria Plans to Regulate Bitcoin Like Gold, Derivatives appeared first on CCN
  Austria’s finance ministry said that it intends to regulate Bitcoin and other cryptocurrencies similarly to how it currently governs gold and derivatives trading, and it hopes the European Union will do the same. Regulators across the world have grown increasingly concerned about the immutability and decentralized nature of blockchain transactions, which they say makes them
  The post Austria Plans to Reg
  
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• Georgia Becomes Latest State to Consider Bitcoin for Tax Payments

  23-02-2018 16:45
  Two state senators in Georgia have proposed a new bill that would allow citizens to pay their tax obligations in bitcoin.
  
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• Shakepay Launches Cryptocurrency Mobile Wallet In Private Beta

  23-02-2018 16:37 via feedproxy.google.com
  
  Montreal-based fintech startup Shakepay has announced the release of its digital wallet in private beta. The mobile app allows Canadian users to buy and sell Bitcoin and other cryptocurrencies, directly from their phones. Through the mobile app, Shakepay users can transact with one another, interact with the blockchain, and move in and out their funds […]
  This post Shakepay Launches Cryptocurrency Mobile Wallet In Private Beta first appeared on Coinjournal.
  
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• Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model

  23-02-2018 16:31
  The post Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model appeared first on CCN
  Bank of America, one of the world’s largest financial institutions, admitted in an annual report that cryptocurrencies are a threat to its business model. The report, which was dated Feb. 22 and filed with the US Securities and Exchange Commission (SEC), listed a range of economic, geopolitical, and operational risks that the Charlotte, NC-based bank
  The post Bank of America Admits Cry
  
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• Senator Rep Hints At More Action on Venezuela's Controversial Crypto

  23-02-2018 16:05
  A U.S. senator who has previously spoken out against Venezuela's newly launched cryptocurrency isn't done with the issue.
  
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• Menendez Hints At US Action on Venezuela's Controversial Crypto

  23-02-2018 16:05
  A U.S. senator who has previously spoken out against Venezuela's newly launched "petro" cryptocurrency isn't done with the issue.
  
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• Ex-Beverage Company ‘Long Blockchain’ Finds Itself in Hot Water with Nasdaq

  23-02-2018 15:48
  The post Ex-Beverage Company ‘Long Blockchain’ Finds Itself in Hot Water with Nasdaq appeared first on CCN
  Former beverage producer Long Blockchain is once again at risk of being delisted from the Nasdaq, mere months after making its questionable pivot into the cryptocurrency ecosystem. According to a document filed with the US Securities and Exchange Commission (SEC) and dated Feb. 16, Long Blockchain — formerly known as Long Island Iced Tea —
  The post Ex-Beverage Compan
  
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• Nano Goes Giga in Down Week for Crypto Prices

  23-02-2018 15:00
  The majority of the top 25 cryptocurrencies are reporting losses on a weekly basis, but the nano token has bucked the trend.
  
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• Mysterious Hacker Sends $17.5m Worth of ETH Back to CoinDash

  23-02-2018 14:46
  The company’s ICO was hacked in July, with the losses estimated at the time to around $7mln
  
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• Bitcoin Price Recovers Past $10,000 as Market Halts Mid-Week Slide

  23-02-2018 14:46
  The post Bitcoin Price Recovers Past $10,000 as Market Halts Mid-Week Slide appeared first on CCN
  The cryptocurrency markets halted their mid-week slide on Friday, with most coins achieving minor advances after enduring significant retraces over the previous two days. The Bitcoin price headlined the advance with a march back above $10,000, while Ethereum outperformed the index by a considerable margin. Altogether, the cryptocurrency market cap rose about 1.3 percent for
  The post Bitcoin Price Re
  
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• High Stakes: Ethereum's Fight Over Lost Funds Explained

  23-02-2018 14:30
  Ethereum is facing what might be its biggest tech crisis in some time, with developers split over whether software changes should recover lost funds.
  
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• Blockchain-Based Distribution Platform ALAX to Allow App and Game Developers to Reach Tens of Millions of ‘Unbanked’ Consumers

  23-02-2018 14:04 via newsbtc.com
  ALAX’s token-based technology will provide access to tens of millions of ‘unbanked’ customers worldwide
  ALAX TGE set to commence on April 17th 2018, with the platform scheduled to be available immediately following its conclusion.ALAX, a new venture between blockchain technology company DECENT and games distribution platform Dragonfly, has today released a white paper outlining further details of its token structure and confirming that it’s TGE will commence on April 17t
  
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• Telecoms Blockchain Group Touts Demo Success, New Members

  23-02-2018 14:00
  Several multinational telecoms firms have joined the Carrier Blockchain Study Group to advance blockchain use cases in the industry.
  
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• Dutch Investors are Hodling, Unfazed By Cryptocurrency Price Dips: Survey

  23-02-2018 13:49
  The post Dutch Investors are Hodling, Unfazed By Cryptocurrency Price Dips: Survey appeared first on CCN
  The Dutch don’t scare easily when it comes to cryptocurrency, according to a survey by nu.nl. The 865,000 people who hold virtual coins have not converted them, despite the sharp fall in cryptocurrency prices since December. One reason is that Dutch investors invest for the long term and in small amounts, according to Multiscope, a research
  The post Dutch Investors are Hodling, Unf
  
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• Brahma OS Is the Decentralized Value Operating System Based on Revolutionary Blockchain Technology

  23-02-2018 13:47
  The post Brahma OS Is the Decentralized Value Operating System Based on Revolutionary Blockchain Technology appeared first on CCN
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
  The post
  
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• InvestHQ Unveils New Cryptocurrency Course for Millennials

  23-02-2018 13:34
  The post InvestHQ Unveils New Cryptocurrency Course for Millennials appeared first on CCN
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
  The post InvestHQ Unveils New Cryptocurrency Cou
  
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• Aim for the Stars!

  23-02-2018 13:29
  The post Aim for the Stars! appeared first on CCN
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
  The post Aim for the Stars! appeared first on CCN
  
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• Decentralization to Drive Advertising Benefits for Businesses & Users

  23-02-2018 13:18 via newsbtc.com
  Just as decentralized economies have reduced the obligations of customers towards monopolistic central banking conglomerates; a new contender has similarly emerged in the ‘Search engine’ field that may just change Data Services and the Digital Advertising sector entirely.
  It’s called Bitclave, and it’s a decentralized blockchain based platform with integrated tools which allow businesses to market directly to potential customers.
  Read more about their groundbreaking new t
  
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• Bank of China Moves to Patent Blockchain Scaling Solution

  23-02-2018 13:00
  Bank of China has filed a patent application for a process it says is better able to scale blockchain systems.
  
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• ‘Turkcoin’: Turkish Politician Endorses Launching a National Cryptocurrency

  23-02-2018 12:13
  The post ‘Turkcoin’: Turkish Politician Endorses Launching a National Cryptocurrency appeared first on CCN
  A Turkish lawmaker affiliated with the political party partnering the country’s ruling party has proposed a national cryptocurrency. On bitcoin, the politician suggested the government open its own bitcoin exchange(!). Turkey’s former industry minister and deputy chair of the Nationalist Movement Party (MHP), Ahmet Kenan Tanrikulu, has reportedly drafted a ‘det
  
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• Bitcoin is Back Over $10K, But Rally Looks Weak

  23-02-2018 11:45
  Bitcoin is witnessing a minor corrective rally today, but longer-term gains may be elusive, according to price chart analysis.
  
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• Vitalik Buterin Engages in ‘Fruitful’ Discussions with Thailand’s SEC

  23-02-2018 11:38
  The post Vitalik Buterin Engages in ‘Fruitful’ Discussions with Thailand’s SEC appeared first on CCN
  Ethereum founder Vitalik Buterin is meeting with officials at Thailand’s Securities Exchange Commission to discuss the future of his platform and the OmiseGo token. Thailand’s regulatory bodies are being very progressive in exploring both the regulation and utility of cryptocurrencies. The meeting with Buterin represents another step forward for the developing nation
  
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• Japan's Exchanges Report 669 Cases of Suspected Crypto Money Laundering

  23-02-2018 11:21
  Japan's police agency has said hundreds of cases of suspected money laundering were reported from domestic cryptocurrency exchanges in 2017.
  
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• Casper API to Help Decentralized Applications Solve the Issue of Storing Information

  23-02-2018 11:03
  The post Casper API to Help Decentralized Applications Solve the Issue of Storing Information appeared first on CCN
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned … Continued
  The
  
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• Despite Slow Start, Analysts Believe 2018 Could be the Best Year for Bitcoin

  23-02-2018 11:00 via newsbtc.com
  Cryptocurrency markets are not off to a good start in 2018. Most markets have lost nearly half of their value during the first few weeks. This most recent dip has pushed the momentum back as well. Even so, analysts are convinced this year will be very bullish for all cryptocurrency markets in the long run. Especially Bitcoin may see some big gains.
  Bitcoin Scalability Improvements?
  All cryptocurrency markets have seen major declines throughout the first seven weeks of 2018. Although Bitcoin show
  
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• South Korea’s Cryptocurrency Exchanges Will Scrutinize Themselves: Report

  23-02-2018 10:28
  The post South Korea’s Cryptocurrency Exchanges Will Scrutinize Themselves: Report appeared first on CCN
  South Korea’s biggest cryptocurrency industry body will reportedly carry out self-evaluations of its members to ensure they are playing by a set of self-regulatory rules. The Korean Blockchain Industry Association, an industry body that includes 33 cryptocurrency exchanges, has revealed it will carry out evaluations of 21 exchanges to ensure they are following a raft … Cont
  
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• Ethereum Creator Vitalik Buterin Donates $763,000 to Machine Intelligence Institute

  23-02-2018 10:16 via newsbtc.com
  Artificial intelligence is both a blessing and a curse rolled into one. Some people are convinced AI will improve our society, whereas others remain fearful. Ethereum creator Vitalik Buterin donated $763,000 to the Machine Intelligence Research Institute. With this money, the organization can further study potential hazards or artificial intelligence, among other things.MIRI is Popular Among Cryptocurrency Users
  Cryptocurrency can be used for many different purposes. Using it to fund other proje
  
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• Why Venezuela's Citizens Should Worry About a National Cryptocurrency

  23-02-2018 10:00
  While a lot is still unclear about Venezuela's state-backed "petro" token, what is apparent is that many feel it's potentially harmful for its people.
  
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• Why Venezuela Should Worry About a National Crypto

  23-02-2018 10:00
  While a lot is still unclear about Venezuela's state-backed "petro" token, what is apparent is that many feel it's potentially harmful for its people.
  
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• Turkey Considers National Crytpocurrency in the wake of El Petro

  23-02-2018 09:30 via newsbtc.com
  Statements from both Iran and Turkey suggest that the two countries are about to launch a national cryptocurrency, stressing the need for strong regulation.
  Following in the Wake of El Petro
  As Venezuela’s El Petro raised over $700 million dollars in its first round of private funding, President Modoru took the podium the next day to announce the countries follow up, Petro Gold.
  Instead of oil, this second currency’s value will be pegged to precious metals. This was about a
  
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• Turkey Considers National Cryptocurrency in the wake of El Petro

  23-02-2018 09:30 via newsbtc.com
  Statements from both Iran and Turkey suggest that the two countries are about to launch a national cryptocurrency, stressing the need for strong regulation.
  Following in the Wake of El Petro
  As Venezuela’s El Petro raised over $700 million dollars in its first round of private funding, President Modoru took the podium the next day to announce the countries follow up, Petro Gold.
  Instead of oil, this second currency’s value will be pegged to precious metals. This was about a
  
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• Iranian Government Changes Tune on Bitcoin, Will Develop Own Cryptocurrency

  23-02-2018 09:00
  Contrary to previous reports, Iran now appears to be against the use of Bitcoin in the country.
  
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• Cardano Price Technical Analysis – ADA/USD Bearish Below $0.35

  23-02-2018 09:00 via newsbtc.com
  Key HighlightsADA price is struggling to recover and it recently declined below the $0.3200 level against the US Dollar (tethered).
  There is a major declining channel forming with resistance at $0.3205 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
  The pair is currently correcting higher, but it may face a lot of resistance near $0.3250 and $0.3500 in the near term.Cardano price declined further against the US Dollar and Bitcoin. ADA/USD is currently trading well below the $0.3
  
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• SEC Advocacy Director Says Crypto Investors Shouldn't 'Flip A Coin'

  23-02-2018 08:00
  A new SEC blog post advises potential cryptocurrency investors to do their research prior to buying a token.
  
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