Cryptocurrency news

• Cryptocurrency CFD Trading Sparks Plus500’s 280% Revenue Spike

  02-05-2018 23:45
  Plus500, an online exchange specializing in contracts for difference (CFDs), had blockbuster top- and bottom-line performance in its first quarter amid heightened demand for cryptocurrency trading, though it warned that market conditions have since returned to more “normal levels.” The London-listed Plus500, whose headquarters are located in Israel, benefitted from the volatility in cryptocurrency prices, as
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• Reddit Co-Founder: By the End of the Year ‘Ethereum Will Be at $15,000’

  02-05-2018 23:15 via newsbtc.com
  Alexis Ohanian is bullish on Bitcoin for this year, but feels Ethereum will far outpace it in terms of gains in 2018.
  He believes that Bitcoin will return to its all-time high of around $20,000 and Ether will be worth a staggering $15,000. That’s quite an increase considering its current price is around $650 at the time of writing.
  Application Development Will Drive Ethereum’s Price Increase
  The main difference between the two leading cryptocurrencies for Ohanian is that people are u
  
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• Coinbase Discloses Corporate Data In Response to NY Crypto Inquiry

  02-05-2018 23:10
  Coinbase's chief legal and risk officer "applauds" the Attorney General's inquiry into cryptocurrency exchanges' practices.
  
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• Telegram Cancels Public ICO After Raising $1.7 Billion in Presale

  02-05-2018 22:28
  Encrypted messaging app Telegram has decided against holding a public initial coin offering (ICO) to fund the development of its “third-generation blockchain.” Citing sources familiar with the matter, the Wall Street Journal reports that the Pavel Durov-led firm determined that it is pleased with the $1.7 billion it had raised for the Telegram Open Network
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• CFTC Chairman Claims Interest in Bitcoin Is ‘Generational’, Calls for ‘Respect’

  02-05-2018 22:21 via newsbtc.com
  The chairman of the U.S. Commodity Futures Trading Commission (CFTC) and the Commissioner at the U.S. Securities and Exchange Commission (SEC) have commented on cryptocurrencies at this week’s Milken Institute Global Conference.
  Christopher Giancarlo, chair of the CFTC, likened Bitcoin to the baby boomer generation’s rejection of past societal norms through their experimentation with ‘sex, drugs, and rock and roll.’ Meanwhile Michael Piwowar, commissioner of the SEC, stat
  
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• Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, TRON, EOS: Price Analysis, May 02

  02-05-2018 22:13 via cointelegraph.com
  The latest price analysis: while regulators can’t decide how to define cryptocurrencies, the market is reassuring its positions
  
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• Telegram Reportedly Calls Off ICO Plans After Two Funding Rounds

  02-05-2018 22:11
  Telegram founder Pavel Durov won’t give up control of popular app ‎to other investors.
  
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• Telegram is Reportedly Calling Off Its ICO Plans After Two Funding Rounds

  02-05-2018 22:11
  Telegram founder Pavel Durov won’t give up control of popular app ‎to other investors.
  
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• BlackRock Staffers Depart to Start Blockchain Investment Fund

  02-05-2018 22:00
  Wall Street and the City are seeing a steady drumbeat of departures for blockchain and cryptocurrency ventures.
  
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• ‘Hacked’ Crypto Exchange BitGrail Shuts Down 3 Hours After Re-launch

  02-05-2018 21:28
  Italian cryptocurrency exchange BitGrail has once again suspended operations after briefly re-opening most of its trading markets on Tuesday. The exchange, which has been immersed in controversy since 17 million Nano tokens (XRB) — now worth approximately $140 million — went missing in February, re-opened trading for all coins except XRB at 10:00 UTC. By
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• LBX: UK’s Leading Cryptocurrency Exchange Adds Bitcoin Cash and Ethereum Classic

  02-05-2018 21:19 via newsbtc.com
  London Block Exchange (LBX) — the UK’s only multi-cryptocurrency exchange — has added Bitcoin Cash (BCH) and Ethereum Classic (ETC) to its coin offerings, the platform said in a press release.
  Today’s move makes LBX the only exchange offering GBP pairing with both these cryptocurrencies, in addition to being the only exchange underpinned by on-shore banking. The new additions bring LBX’s total coins listed to six, in addition to Bitcoin (BTC), Ethereum (ETH), L
  
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• WSJ: Telegram Cancels Plans To Launch Public ICO Due To Abundance Of Funds Already Raised

  02-05-2018 21:14 via cointelegraph.com
  The WSJ reports through an unnamed source that Telegram raised so much money in its first two ICO rounds that it won’t be holding another, public one
  
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• A New Facebook Messenger Malware Is Targeting Crypto Users

  02-05-2018 21:00
  FacexWorm, a malicious Chrome extension, has been recast to target cryptocurrency exchanges.
  
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• Ethereum Price Will Reach $15,000 This Year: Reddit Co-founder

  02-05-2018 20:30
  Reddit co-founder Alexis Ohanian said that he predicts the ethereum price will reach $15,000 in 2018, rocketing its market cap into the trillions of dollars and enabling it to surpass bitcoin as the world’s largest cryptocurrency. Ohanian, who now works full-time at Initialized Capital –a venture capital firm he co-founded in 2012 — made this … Continued
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• Judge Rules Against Alibaba in Crypto Trademark Case

  02-05-2018 20:00
  A U.S. district judge ruled against Alibaba in its trademark lawsuit against crypto startup Alibabacoin.
  
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• Cryptocurrency-Targeting Malware Spreads via Facebook Messenger

  02-05-2018 20:00 via newsbtc.com
  A malicious Chrome extension discovered by Kaspersky Labs in August 2017 which targets cryptocurrency trading platforms has resurfaced with a spike in April 2018. The malware reportedly made attempts in a number of countries including Japan and South Korea.
  Malicious Chrome Extension Spreads Via Facebook Messenger to Target Cryptocurrency Trading Platforms
  In August 2017, Kaspersky Labs researcher David Jacoby found an advanced form of malware which used Facebook Messenger to infect victims&rsqu
  
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• The US is approaching a defining moment for cryptocurrency innovation - MIT Technology Review

  02-05-2018 19:59
  MIT Technology Review
  The US is approaching a defining moment for cryptocurrency innovation
  MIT Technology Review
  Federal regulators are grappling with a simple question: should ether, the world's second-most-valuable cryptocurrency, be regulated like a stock? Either way, the answer is likely to send shock waves through the crypto community. Behind the scenes: The ...
  
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• “WPProject Pte Ltd.” Announces Business Alliance with Myanmar’s Big Company “Paygregate Co., Ltd”!

  02-05-2018 19:52
  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
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• A Social Platform without Invasion of Privacy

  02-05-2018 19:49
  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
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• BDMI of THEKEY versus EID: A Better Identity Verification Solution?

  02-05-2018 19:46
  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
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• ZeroEdge.Bet Casino Launched Its Pre-ICO 2 and Offers 58% Bonus for a Very Limited Time!

  02-05-2018 19:41
  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. June 1st, A unique blockchain based gambling platform Zerocoin.bet is launching their Pre-ICO part 2! Zerocoin.bet is a unique concept set to revolutionise the way you gamble online. … Continued
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• ‘Extremely Comfortable’ That Ether is Not a Security: Ethereum Co-Founder

  02-05-2018 19:19
  US financial regulators are reportedly set to meet next week to discuss whether ether should be regulated as a security under federal law, but Ethereum co-founder Joseph Lubin is not concerned. Lubin, who now runs blockchain development studio ConsenSys, told financial publication TheStreet that he is “extremely comfortable” with the legal due diligence Ethereum’s founders … Continued
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• EOS, TRX, ADA: April's Crypto Winners Saw Over 100% Gains

  02-05-2018 19:05
  April wasn't exactly a stellar month for crypto assets – that said there were strong gains to be had for those willing to wade into riskier waters.
  
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• US Judge Rejects Alibaba’s Copyright Infringement Lawsuit Against Crypto Firm

  02-05-2018 19:00 via newsbtc.com
  A U.S. judge has rejected Alibaba Group Holding Ltd’s bid for a preliminary injunction to block a Dubai cryptocurrency firm, Alibabacoin Foundation, from using the Alibaba name.
  Alibaba Lawsuit: Copyright Infringement
  U.S. District Judge Paul Oetken in Manhattan, New York, said Alibaba was unable to show that he had jurisdiction, having failed to establish a ‘reasonable probability’ that Alibabacoin’s web-based services were used to transact business with customers in the
  
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• US Judge Denies Alibaba’s Request To Stop Alibabacoin From Using Matching Name

  02-05-2018 18:48 via cointelegraph.com
  Although a US judge denied this week Alibaba’s injunction to stop Alibabacoin from using their name, the lawsuit can continue in the courts
  
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• US House Legislators To Hold Hearing On Blockchain Tech Use In Supply Chain Management

  02-05-2018 18:39 via cointelegraph.com
  US lawmakers will meet for a hearing on blockchain tech’s potential role in supply chain management and stopping counterfeit goods next week
  
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• ‘Buy the Pullback’ in Bitcoin, Ethereum: Fundstrat’s Sluymer

  02-05-2018 18:21
  Leading cryptocurrencies are all trading in the green today, as Ethereum takes the recent development of a possible regulatory crackdown in stride. After falling from the $1,000 level to as low as $300 this year, Ethereum has been on the comeback trail. That momentum could have been marginalized by reports that US regulators are considering classifying the No. 2 digital currency by … Continued
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• Bridging Markets and Reviving Lost Demand Finally Becomes a Reality with INGOT Coin

  02-05-2018 18:03
  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
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• Coinbase to Launch Over-the-Counter Block Trades, Says Report

  02-05-2018 18:00 via newsbtc.com
  Slippage in cryptocurrency trading has prompted Coinbase, the largest digital currency exchange, to introduce over-the-counter (OTC) block trades, according to a report. The move will allow traders to execute high volume orders without affecting the market.
  Coinbase to Lure Institutional Traders With OTC Block Trades, Report Says
  Coinbase, a U.S.-based cryptocurrency exchange and one of the largest in the world by trading volumes, is about to launch its over-the-counter (OTC) trading service, wh
  
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• Blockchain Acquires Startup for San Francisco Expansion

  02-05-2018 18:00
  Crypto wallet startup Blockchain.info is opening a San Francisco office as part of its scaling plans.
  
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• Crypto Markets Showing Positive Signs, With Gains For Top Ten Coins

  02-05-2018 17:46 via cointelegraph.com
  The crypto markets are reasserting their recovery, with all of the top ten coins by market cap showing percentage gains today
  
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• Here’s How Ripple Faced Up to Questioning at a UK Parliament Blockchain Hearing

  02-05-2018 17:22
  A UK government hearing was held yesterday aimed to inform regulators about the nature of blockchain and cryptocurrencies. Four panelists sat in front of the UK treasury committee, but it was Ripple’s Director of Regulatory Relations Ryan Zagone who took the most of the spotlight – and the accompanying heat. The committee and other panelists
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• Dubai Launches Blockchain Business Registry To Ease Market Entry

  02-05-2018 17:21 via cointelegraph.com
  IBM is a major partner in Dubai blockchain business registry
  
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• Advertising On Social Media, Explained

  02-05-2018 16:43 via cointelegraph.com
  Advertising on social media is already big business and Blockchain could be about to give it a shake-up, as this guide explains
  
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• US Lawmakers to Hear Case for Blockchain Supply Chain

  02-05-2018 16:35
  Lawmakers in the U.S. Congress are set to hold a hearing on blockchain tech next week.
  
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• Fundstrat's Robert Sluymer Says Crypto Market Technicals Suggest Buying

  02-05-2018 16:31 via cointelegraph.com
  Fundstrat’s Robert Sluymer analyzes #Bitcoin, #Ethereum markets on CNBC, concluding that “you want to be buying”
  
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• Bitcoin Network Hashrate At All Time High Even Among Market Corrections

  02-05-2018 16:20 via cointelegraph.com
  Although BTC’s low price was hypothesized to make mining unprofitable and therefore unpopular, BTC’s hashrate is continuing to grow
  
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• Unicef turns to cryptocurrency mining to raise money for refugees ... - The Independent

  02-05-2018 16:16
  The Independent
  Unicef turns to cryptocurrency mining to raise money for refugees ...
  The Independent
  Unicef has launched a novel form of cashless fundraising by asking people to instead donate their computer's processing power to mine cryptocurrency. The Australian branch of the children's charity set up a website called The Hopepage which gives ...and more »
  
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• Bitcoin Price Due For 90% Price Correction In Mass Crypto Wipeout, Warns Investment Bank

  02-05-2018 16:15
  The price of bitcoin and other cryptocurrencies will suffer a 90 percent correction that will cause a “mass market wipeout” within the next 12 months, says investment bank GP Bullhound. While the market correction will decimate many virtual currencies, the few survivors are in for an unprecedented rally, GP Bullhound predicts, as reported by CNBC. “Once
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• BitGrail Victims Now Want Exchange to Declare Bankruptcy

  02-05-2018 16:14
  The victims are not confident in Francesco "The Bomber" Firano's ability to pay them back.
  
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• EEA Releases Standardized Architecture Stack For Privacy-Focused Web Apps On Ethereum

  02-05-2018 16:05 via cointelegraph.com
  The EEA releases a standards-based architecture stack for developers of Ethereum-based apps
  
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• Seasoned Crypto Investor Hasan Turgut Talks Bitcoin Future, Alt Coin Investments and Trading Strategies

  02-05-2018 15:47
  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
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• ‘We Need to Respect This Generation’s Interest’ in Bitcoin: CFTC Chairman

  02-05-2018 15:40
  The chairman of the Commodity Futures Trading Commission (CFTC) said this week that cryptocurrency is a generational interest and that regulators need to treat it with respect. J. Christopher Giancarlo, who was sworn in as a CFTC commissioner in 2014 and has led the commission since August 2017, shared his thoughts on cryptocurrency regulation at
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• Dubai Government Unveils Blockchain Business Registry

  02-05-2018 15:40
  Dubai's Department of Economic Development is using blockchain technology to make it easier for companies to set up and operate in the country.
  
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• IMF: Cryptocurrency Does Not Appear to Pose Risk to Financial Stability

  02-05-2018 15:27
  IMF devotes chapter to cryptocurrency in its annual report.
  
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• tokentarget Introduces Revolutionary Tracking System for ICOs

  02-05-2018 15:13
  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
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• Bank of Korea to Announce Guidelines on Cryptocurrencies by June, Hints At Possible Central Bank Digital Currency

  02-05-2018 15:06 via feedproxy.google.com
  
  The Bank of Korea (BoK) has announced that it is planning to reveal its guidelines on cryptocurrencies before the summer is out. A plan on a possible central bank-issued digital currency will also feature, according to a report. In a statement issued yesterday, the bank said: “A taskforce has been studying the possibility of issuing […]
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• Enterprise Ethereum Alliance Is Back - And It's Got a Roadmap to Prove It

  02-05-2018 15:00
  Nearly 18 months since forming, the Enterprise Ethereum Alliance has published a guide to the building blocks that will make up its open standards.
  
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• Korean Peace Agreement Recorded on Ethereum Blockchain

  02-05-2018 14:46
  Last week’s meeting between South Korean president Moon Jae-in and North Korean leader Kim Jong-un has been recorded on the ethereum blockchain, where the historic Panmunjom Declaration that the two nations signed will now be stored in perpetuity. No, the governments themselves did not encode their peace agreement into the “world’s largest supercomputer,” but CoinDesk
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• New Blockchain Research Group Launched By 30 Members Including Car Giants BMW, GM

  02-05-2018 14:00 via cointelegraph.com
  MOBI blockchain research group gets backing from over 30 well-known businesses, including car giants BMW, GM, Ford, Renault
  
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