Cryptocurrency news

• Seoul Mayor Aims To Launch Capital’s Own Crypto, Establish Better Environment For Blockchain Startups

  30-03-2018 23:51 via cointelegraph.com
  Seoul intends to create its own cryptocurrency and develop a better environment for Blockchain and virtual currency projects, says mayor. #NEWS
  
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• South Korean Exchange Youbit Denied Insurance Claim Following December’s Devastating Cyberattack

  30-03-2018 23:36 via newsbtc.com
  DB Insurance — one of South Korea’s four biggest property and casualty insurers and the company that holds South Korean cryptocurrency exchange Youbit‘s policy — has denied a claim that the exchange filed after a hack in December of last year drained it of “about 17% of [its] total assets.” Youbit claimed that the insurance money, which could have added up to $2.8 million total, would be used to pay out customers affected by
  
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• Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 30

  30-03-2018 23:26 via cointelegraph.com
  Check for the latest trading suggestions #PRICE_ANALYSIS
  
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• Ethereum Developer Opens EIP to Discuss ‘Bricking’ Ethash ASIC Miners

  30-03-2018 23:24
  An Ethereum developer has opened an Ethereum Improvement Proposal (EIP) to discuss whether the community should modify its Ethash mining algorithm to maintain ASIC resistance. EIP 958, posted on GitHub by Ethereum core developer Piper Merriam, formally proposes that improved ASIC resistance be implemented into the network’s instance of Ethash, a Proof-of-Work (PoW) consensus algorithm.
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• All You Need to Know about Crypto Airdrops

  30-03-2018 23:19 via newsbtc.com
  We are all used to thinking that there is no such thing as “free.” If anyone is offering something for free, it’s either a bait, a scam, or you’ll need to barter it for something else, or it is something of substandard quality that has little value anyway. And definitely, there is no such thing in our world as “free money.”
  There is, though, free money in the cryptocurrency world. Because it follows no rules, regulations, or standards of the traditional market
  
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• US States Take The Lead on Crypto Adoption

  30-03-2018 23:00 via crypto-news.net
  It is no secret that governments around the world are reluctant to fully recognize crypto as legal tender. Nevertheless, its growing popularity, and the increasing adoption of blockchain technology, is a movement that cannot be ignored. This fact has created a quandary for central governments, as they struggle to find a place for decentralized assets within their current financial systems. In the United States, the government regards cryptocurrency as property, but is unwilling to take further a
  
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• OKEx to Roll Back ‘Irregular’ Futures Trades After Bitcoin Price Crashes Below $5,000

  30-03-2018 22:30
  Cryptocurrency exchange giant OKEx is rolling back a series of Bitcoin futures transactions in response to an “irregular” sell-off that was localized to the trading platform. The Hong-Kong based exchange announced on Friday that it would reverse transactions that occurred this morning between 4:47 am and 6:30 am Hong Kong Time (HKT) when Bitcoin futures
  The post OKEx to Roll Back ‘Irregular’ Futures Trades After Bitcoin Price Crashes Below $5,000 appeared first on CCN
  
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• Major Polish Bank To Implement Blockchain Document Storage System

  30-03-2018 22:29 via cointelegraph.com
  Major Polish bank partners with Blockchain company Coinfirm to provide a DLT-based document management system. #NEWS
  
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• Malta Gaming Authority Proposes Blockchain Gaming Guidelines, Testing Sandbox

  30-03-2018 22:19 via cointelegraph.com
  The Malta Gaming Authority has recently published guidelines on crypto and Blockchain application in the gaming industry. #NEWS
  
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• Telegram Completes Second ICO, Raising $1.7 Billion, a Third ICO May Be on the Horizon

  30-03-2018 21:41 via newsbtc.com
  Telegram Group Inc., the encrypted messaging platform, has completed its second initial coin offering (ICO) — the world’s largest — bringing the amount raised to $1.7 billion. The ICO was held to help establish the Telegram Open Network (TON), a “fast, scalable, and user-friendly” cryptocurrency and blockchain platform.In addition to the $850 million Telegram raised in February of this year, $850 million has been raised from 94 investors this month. Further, the com
  
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• Chile's State-Owned Bank Cutting Ties with Crypto Exchanges

  30-03-2018 21:30
  Chile's public bank will terminate the accounts of three cryptocurrency exchange clients within 10 days, according to a local news report.
  
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• France and Germany: How Regulatory Traditions in Two Countries Could Affect EU Legislation

  30-03-2018 21:05 via cointelegraph.com
  France and Germany never shied away from asserting their sovereignty online. Will it work the same with Blockchain regulation? #IN_DEPTH
  
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• AirAsia Planning Cryptocurrency-Based Rewards Program

  30-03-2018 20:00
  The Malaysian discount airline plans to use its proprietary BigCoin token to facilitate transactions and act as a frequent-flyer rewards program.
  
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• Can Ethereum Overtake Bitcoin?

  30-03-2018 19:51 via newsbtc.com
  Remember all that talk about a “flippening” last year? For a few months, if you scrolled down r/Ethereum or even it’s meme-intensive sibling r/ETHTrader, it seemed inevitable that the market cap of Ethereum would pass that of the current top dog in crypto – Bitcoin. The general consensus of both forums was sooner, rather than later, too.
  However, several months on and the change in the prices of these two digital assets tells a different story. Ethereum has dropped from a
  
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• Cryptocurrency Ban Expands Across Canadian Banks as BMO Joins ‎Crackdown

  30-03-2018 19:45
  The policy applies to credit and debit cards, ‎as well as online payments.‎
  
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• Cisco Imagines Group Chats on a Blockchain in Patent Filing

  30-03-2018 19:05
  A Cisco patent application describes how a blockchain could let people form groups on the fly to share files and other data while tracking membership.
  
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• Seoul Mayor Prepares City to Embrace Blockchain Technology

  30-03-2018 18:39 via newsbtc.com
  Park Won-soon, the Mayor of South Korean Capital Seoul, has announced intentions to pursue the development of blockchain technology in the city. Won-soon stated that there will be a digital currency created for use in Seoul, as well as the setting up of groups dedicated to exploring blockchain technologies and their future implications.
  Korea Re-Embraces Crypto?
  According to a local news source, Hani, Won-soon announced his intentions at the opening of CoinDesk Korea in the Seoul City Office on
  
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• XchangeRate.io Uses AI to Take Crypto Trading to a New Level, with Working Prototype, Pre-ICO under Way

  30-03-2018 18:28
  This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Cryptocurrency offers new opportunities in many areas of business, but a host of issues make it difficult for new investors to join the crypto economy. Cryptocurrencies remain highly volatile … Continued
  The post XchangeRate.io Uses AI to Take Crypto Trading to a New Level, with Working Prototype, Pre-ICO under Way appeared
  
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• When Did Bitcoin Become a Byword for Capitalism? It’s Time to Use It for Good Causes

  30-03-2018 18:23
  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 article is penned by Alex Howard, co-founder of Giftcoin. In little more than six months, Bitcoin has gone from relative obscurity to front-page news across the world. … Continued
  The post When Did Bitcoin Become a Byword for Capitalism? It’s Time to Use It for Good Causes appeared first on CCN
  
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• How New EU Privacy Laws Will Impact Blockchain: Expert Take

  30-03-2018 18:13 via cointelegraph.com
  As always, EU has the ambition to regulate anything around the world. But is it possible? #EXPERT_TAKE
  
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• Riot Blockchain Acquires Futures Brokerage After Crypto Pivot

  30-03-2018 18:00
  Riot Blockchain announced it would "investigate" creating a crypto exchange and futures product after acquiring a registered brokerage.
  
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• Safeguard Eyes US$12M ICO For AI System And Blockchain-Based Safety Data Marketplace

  30-03-2018 17:32 via feedproxy.google.com
  
  Safeguard, a safety-tech startup from the Netherlands, is looking to raise 30,000 ETH (US$12 million) in an initial coin offering (ICO) to fund the development of an artificial intelligence (AI) system and the so-called Safety Data Marketplace. Safeguard currently offers a crisis communication platform for small and large organizations to manage safety practices. The startup […]
  The post Safeguard Eyes US$12M ICO For AI System And Blockchain-Based Safety Data Marketplace appeared first on
  
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• Has The US Tax Code Become a Problem For Cryptocurrency Traders?

  30-03-2018 17:17 via newsbtc.com
  As U.S. taxpayers have until April 27 to file and pay what is due to the IRS, cryptocurrency investors will have to deal with a complicated process. Uncle Sam expects his cut from crypto-related income. Current tax rules turn away early adopters and innovation from taking place.
  Taxing Bitcoin Still Needs Some Tweaking
  Too many questions arise when discussing taxes on cryptocurrencies. Even airdrops, such as one unit of Bitcoin Cash for each Bitcoin, are unclear territory, whether to treat it as
  
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• Intel Patents Low-Energy Bitcoin Mining Tech

  30-03-2018 16:55
  Intel has quietly been working on a patent that is designated to solve one of the biggest problems for the cryptocurrency industry. A filing with the US Patent Office shows that the firm has already filed a document for approval. The tech giant which has practically made computing devices a household item with the Intel … Continued
  
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• Audi Is Exploring Blockchain For Its Distributional Network

  30-03-2018 16:55 via cointelegraph.com
  Audi’s experts are testing a Blockchain solution for improving internal logistics processes. #NEWS
  
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• Havas Group Launches Havas Blockchain

  30-03-2018 16:48 via feedproxy.google.com
  
  Havas Group, one of the world’s largest global communications companies, is one of the latest companies to become involved in blockchain technology. Recently, the French company announced they are launching Havas Blockchain. Havas Blockchain is a fully integrated communications offering that is designed to support the entrepreneurs and businesses involved in blockchain and will officially launch […]
  The post Havas Group Launches Havas Blockchain appeared first on Coinjournal.
  
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• MailChimp Bans Cryptocurrency Ads Following Twitter, Facebook and Google Curbs

  30-03-2018 16:45
  MailChimp has joined social media giants Twitter, Facebook, and Google in banning cryptocurrency advertising, citing the need to prevent “scams, fraud, phishing, and potentially misleading business practices” on its email distribution platform. MailChimp made the announcement on its website March 29, where it said: “We cannot allow businesses involved in any aspect of the sale,
  The post MailChimp Bans Cryptocurrency Ads Following Twitter, Facebook and Google Curbs appeared firs
  
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• Winner-Turned-Loser ICON Tanks 40 Percent as Crypto Markets Falter

  30-03-2018 16:40
  It's been a bad week for the wider cryptocurrency market, and one token alone in the top 25 by market cap has registered moderate gains.
  
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• Money Pit? Telegram ICO Hits $1.7 Billion After 2nd Funding Round

  30-03-2018 16:09
  The Telegram ICO has now raised a total of at least $1.7 billion, public documents show. According to offering documents filed with the US Securities and Exchange Commission (SEC) and dated March 29, the second round of Telegram’s much-hyped initial coin offering (ICO) raised $850 million in a sale that began on March 14. The
  The post Money Pit? Telegram ICO Hits $1.7 Billion After 2nd Funding Round appeared first on CCN
  
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• Telegram Doubles Amount Raised in ICO to $1.7 Billion

  30-03-2018 16:00
  Messaging app provider Telegram has raised a second $850 million in its ongoing token sale, according to a new filing with the SEC.
  
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• Can Minds Capitalize on Facebook’s Failures ?

  30-03-2018 15:40 via feedproxy.google.com
  
  With the ongoing Cambridge Analytica Scandal, Facebook is in the worst position than they have been in a long time. The social media company has always struggled with privacy questions, but this scandal seems to have a lasting power not often seen in today’s hyper active media. There are dozens, if not hundreds of social […]
  The post Can Minds Capitalize on Facebook’s Failures ? appeared first on Coinjournal.
  
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• Indeed: Bitcoin Price Retreat Weighs Heavily on Demand for Crypto Jobs

  30-03-2018 15:23
  There is a correlation between bitcoin price performance and interest in the bitcoin and cryptocurrency job market, a new report by job site Indeed’s Hiring Lab reveals. When times are good in the bitcoin price, it’s reflected in rising demand for cryptocurrency and bitcoin jobs. But as soon as the bitcoin price gets rocked by
  The post Indeed: Bitcoin Price Retreat Weighs Heavily on Demand for Crypto Jobs appeared first on CCN
  
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• OKEx Resolves Futures Price Slip Impact As Trader Threatens Suicide

  30-03-2018 15:17 via cointelegraph.com
  Bitcoin futures price mayhem sees one trader threaten suicide at OKEx’s Hong Kong office. #NEWS
  
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• Tron Developers Announce Test Net Launch, But is it Such a Big Deal?

  30-03-2018 15:12 via newsbtc.com
  Developments in the world of cryptocurrency come in many different forms. Any project with a multi-billion dollar market cap needs to have a working product at this stage. For Tron, they finally succeeded in launching the test net. Although it is a positive development, it still doesn’t warrant the current value of this project.
  TRON Still has Work to do
  Launching a test net is often considered a bare minimal development in cryptocurrency. After all, any project is expected to have a test
  
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• Nvidia’s Huang: Cryptocurrencies Here to Stay, Will Be an ‘Important Driver for GPUs’

  30-03-2018 15:11
  Nvidia has never been overly transparent about the impact of bitcoin mining on its business, but now we know the computing company expects to generate revenue from this market for years to come. Jensen Huang, Nvidia’s CEO, told CNBC that despite the recent downturn in bitcoin mining amid a BTC price that’s been under pressure, 
  The post Nvidia’s Huang: Cryptocurrencies Here to Stay, Will Be an ‘Important Driver for GPUs’ appeared first on CCN
  
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• Dogecoin’s Creator Jackson Palmer: 2018 Is Shaping Up To Be The ‘Year Of The Fork’

  30-03-2018 15:06 via cointelegraph.com
  Cointelegraph talked to the creator of Dogecoin about Bitcoin forks, the crypto community and plans for 2018. #INTERVIEW
  
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• Arizona Bitcoin Trader Convicted for Crypto Money Laundering

  30-03-2018 15:00
  An Arizonan bitcoin trader has been convicted for using the cryptocurrency to launder the proceeds of drug deals. 
  
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• Tim Draper’s Draper Dragon Fund Backs OPEN’s Pioneering Blockchain Payments Infrastructure for Apps

  30-03-2018 14:34
  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 Tim Draper’s Draper Dragon Fund Backs OPEN’s Pioneering Blockchain Payments Infrastructure for Apps appeared first on
  
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• Denmark’s Biggest Bank Warns Customers Against Cryptocurrencies, Blocks Trading

  30-03-2018 14:23
  Danske Bank, based in Copenhagen, Denmark, has advised customers against investing in cryptocurrencies, the company announced on its website. The bank, which has branches in Trondheim, Norway, and Vilnius, Lithuania, does not presently permit cryptocurrency transactions on its website. Cryptocurrencies are not backed by a central bank; hence, the bank claims they lack the investor
  The post Denmark’s Biggest Bank Warns Customers Against Cryptocurrencies, Blocks Trading appeared first on CCN
  
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• Final Call to Board the CoinMetro ICO – The Future Fintech Platform for Blockchain

  30-03-2018 14:12
  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 Final Call to Board the CoinMetro ICO – The Future Fintech Platform for Blockchain appeared first on CCN
  
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• Singapore Media Regulator Launches ‘Blockchain Challenge’ To Promote Adoption, Innovation

  30-03-2018 14:02 via cointelegraph.com
  Singapore’s Blockchain Challenge offers prizes to projects that promote Blockchain adoption. #NEWS
  
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• Does the IRS Get a Cut of Your Bitcoin Cash?

  30-03-2018 14:00
  The tax treatment of hard forks in the U.S. is uncertain and the IRS should issue guidance addressing such issues, says a legal expert.
  
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• Does the IRS Get a Cut of Bitcoin Cash?

  30-03-2018 14:00
  The tax treatment of hard forks in the U.S. is uncertain and the IRS should issue guidance addressing such issues, says a legal expert.
  
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• Algebraix.io Launches Public Token Sale

  30-03-2018 13:29
  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 Algebraix.io Launches Public Token Sale appeared first on CCN
  
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• Trader Threatens to Commit Suicide, as Millions Worth of Bitcoin Were Liquidated

  30-03-2018 13:21 via newsbtc.com
  Cryptocurrency exchanges play a big role in people’s lives. These service providers can effectively make or break someone’s personal life. It seems evident OKEx may have some explaining to do in this regard. One of their customers claims the company liquidated his large Bitcoin stash in an illegal manner.
  The OKEx Story in Brief
  A lot of factors regarding this OKEx incident are still unknown. More specifically, sources claim someone attempted to take matters into their own hands at t
  
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• Nvidia CEO: Blockchain Will Stay ‘For Long Time’ Thanks To ‘Low Friction’ Cryptocurrency

  30-03-2018 13:15 via cointelegraph.com
  Nvidia’s CEO bullish on crypto as a means of value exchange, mainstream media interview shows. #NEWS
  
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• Sell-Off Over? Bitcoin's Price May Be Nearing Bottom

  30-03-2018 13:00
  Bitcoin prices dropped to a 50-day low of $6,630 today, but a bottom may be in sight, chart analysis suggests.
  
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• Bitcoin Eyes Bottom After 50-Day Low Below $7K

  30-03-2018 13:00
  Bitcoin prices dropped to a 50-day low of $6,630 today, but a bottom may be in sight, chart analysis suggests.
  
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• China to Further Crackdown on Crypto, Explores Developing its Own Coin

  30-03-2018 12:54
  China's central bank makes cryptocurrencies one of its top priorities, in an effort to protect its national currency.
  
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• US Tech Company Intel Files Patent To Reduce Bitcoin Mining Energy Use

  30-03-2018 12:51 via cointelegraph.com
  Intel’s new BTC mining hardware accelerator patent seeks to reduce BTC mining energy use. #NEWS
  
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