Cryptocurrency news

• Former Visa CEO Moves to Startup That Uses Cryptocurrency to Process Everyday Payments

  21-05-2018 23:50
  Last week, on May 19, former Visa UK and Ireland CEO Marc O’Brien said during an interview with Business Insider’s Oscar Williams-Grut that he has been appointed as the CEO of a cryptocurrency startup called Crypterium. Everyday Payments During the interview, O’Brien, who served as the CEO of VISA UK for six years from 2008 … Continued
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• Vitalik Buterin Reportedly Pursued By Google, Asked Followers For Opinion In Deleted Poll

  21-05-2018 23:47 via cointelegraph.com
  Tech giant Google reportedly tried to recruit Ethereum co-founder Vitalik Buterin, according to a tweet posted and then deleted by Buterin
  
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• Why Invest in Litecoin?

  21-05-2018 23:27 via newsbtc.com
  Litecoin has been in the list of top-10 cryptocurrencies by market capitalisation pretty much since it began trading in the spring of 2013. Created by Charlie Lee – then a Google software engineer – it set out to improve upon the original crypto, Bitcoin.
  By tweaking Bitcoin’s open-source code, Mr. Lee was able to launch Litecoin, a crypto that was much like its big brother but lighter in computational power – which is why it has its name – and much speedier in term
  
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• Taxes On Restricted Crypto And Options Can Be Confusing: Expert Take

  21-05-2018 23:11 via cointelegraph.com
  So, you’ve got an option in crypto. How would it be taxed?
  
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• Japanese Cryptocurrency Monacoin Hit by Selfish Mining Attack

  21-05-2018 22:50
  Between May 13th and 15th, Monacoin, a cryptocurrency developed in Japan, appears to have suffered from a network attack that caused roughly $90,000 in damages. The attack appears to have been a selfish mining attack, where one miner successfully mines a block on the blockchain but does not broadcast the new block to other miners.
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• Advanced Miners Develops Versatile Mining Equipment To Decentralize Bitcoin And Improve Earnings

  21-05-2018 22:16
  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 mining, once a highly profitable venture, has become more challenging as costs have increased, especially in the past year. Advanced Miners, a mining company that already operates a
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• Germany’s BaFin Visits National Bank of Georgia to Discuss Crypto Regulations

  21-05-2018 22:12 via cointelegraph.com
  German financial supervisor BaFin visited Georgian financial authorities to share experience of crypto regulation
  
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• Blockchain Mobile Operator That Wants to Set New Standard and Tokenize Telecom Industry

  21-05-2018 22:10
  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. Founders of Miracle Tele—a Prague based mobile virtual network operator powered by Ethereum blockchain—believe that the conventional telecom service providers have long outlived themselves. Andrew Burchik, the company’s
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• RSK and iExec Collaborate to Provide Off-Chain Computing to Bitcoin Applications

  21-05-2018 22:06
  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. Lyon, France, May 21, 2018: The RSK project is continuing the legacy of Bitcoin pioneers by building Turing-complete smart-contract capabilities for the Bitcoin blockchain. By partnering with iExec,
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• Venezuela’s Petro Saga Set to Continue as Maduro Is Re-Elected in Controversial Election

  21-05-2018 22:03
  Venezuelan president Nicolás Maduro has been re-elected this Sunday, which means he’s staying in power for another six years. The electoral process was embroiled in controversy, as his mains rivals claim it was filled with irregularities. Maduro’s new term presumably means the country’s oil-backed cryptocurrency, the Petro, will keep on growing. According to Reuters, the
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• Volatility: The Necessary Evil Of Cryptocurrency And How To Handle It

  21-05-2018 22:00 via cointelegraph.com
  While crypto’s famed volatility can be terrifying for investors, it is something that needs to be weathered
  
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• US and Canadian Securities Regulators Unite for ‘Operation Cryptosweep’

  21-05-2018 22:00 via newsbtc.com
  Operation Cryptosweep was announced earlier today. The goal of the coordinated effort from numerous North American securities regulators is to clean up scams and fraudulent offerings from the cryptocurrency space.
  Regulators Share Resources to Crackdown on Scam ICOs
  The joint crackdown that will go by the name of Cryptosweep will see over 40 U.S. and Canadian regulators united with the common goal of ridding the cryptocurrency industry of fraudulent initial coin offerings (ICOs) and cryptocurren
  
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• Blockchain Charity Fundraising Platform Cherr.io Launches Presale

  21-05-2018 21:56
  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. Slovenia based Cherr.io.io has announced the launch of their presale, which started May 15th and ends 9 days later on May 24th. The official crowdsale will start June
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• Decentralized Video Sharing Platform Viuly to Present at Block O2O and Fintech O2O Conferences

  21-05-2018 21:37
  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. Decentralized video sharing platform Viuly is aiming to become a better video platform than standard centralized video platforms like Youtube and Vimeo. It eliminates the need for an
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• Thai SEC Holds Focus Group to Clarify New Crypto, ICO Regulations

  21-05-2018 21:16 via cointelegraph.com
  Thai SEC details rules for running ICOs in a focus group today
  
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• Huobi Onboards OKEx’s Former CEO Chris Lee to Lead M&A Strategy

  21-05-2018 21:01
  It was only last week when Mr. Lee announced his resignation from ‎OKEx‎.
  
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• Walmart Files Patent for Blockchain-Based Customer Marketplace

  21-05-2018 21:00 via cointelegraph.com
  Walmart’s latest patent proposes a blockchain-based marketplace that lets customers resell Walmart products once they’re no longer needed
  
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• How Will Bitcoin Solve Its Energy Consumption Problem?

  21-05-2018 21:00 via newsbtc.com
  If Bitcoin were a country, it would be the 40th largest consumer of electricity in the world. A new research paper has highlighted the growing problem as major cryptocurrencies seek to solve it.
  Bitcoin’s Energy Crisis Explored
  According to the figures, the amount of energy used for each transaction could run a dishwasher for a year.
  Alex de Vries wrote: “With the Bitcoin network processing just 200,000 transactions per day, this means that the average electricity consumed per transa
  
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• Making ICOs Compliant: Vertalo’s Vision for the Future of Token Offerings

  21-05-2018 20:57 via feedproxy.google.com
  
  Perhaps the biggest question on the minds of anyone involved in the crypto-space is how the world’s regulatory bodies, particularly the United States’ Securities & Exchange Commission, will classify digital assets.  If the SEC rules that all instances of token fundraising constitute securities offerings, then it will bring an end to the Wild West days […]
  The post Making ICOs Compliant: Vertalo’s Vision for the Future of Token Offerings appeared first on Coinjou
  
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• Drug Dealing and Shrimp Breeding: 4chan DApp Games Invade Ethereum Blockchain

  21-05-2018 20:57
  4chan users have created DApps on the Ethereum blockchain accounting for tens of thousands of transactions in the last few days as users sell virtual cocaine and breed shrimp eggs to sell on the blockchain. The game Ether Cartel, listed as number one on the new category list on DappRadar, saw a volume of over 33
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• Chinese Ministry Expects 2018 To Be Another Blockbuster Year For Blockchain

  21-05-2018 20:51 via feedproxy.google.com
  
  After strong growth in China’s blockchain industry last year, 2018 is set to be another blockbuster year for the industry with record amount of capital to be injected into companies in the space, according to China’s Ministry of Industry and Information Technology (CCID). In a whitepaper published on May 20, the ministry said there have […]
  The post Chinese Ministry Expects 2018 To Be Another Blockbuster Year For Blockchain appeared first on Coinjournal.
  
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• Why BIT.GAME Will Be One of the Best ICOs in 2018

  21-05-2018 20:18
  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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• Walmart Looks to Blockchain for Retail Product Resales

  21-05-2018 20:06
  A newly-released Walmart patent application outlines a digital resale marketplace placed on a blockchain.
  
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• Maltese Government Signs Partnership with Omnitude to Revamp Transport with Blockchain

  21-05-2018 20:00 via newsbtc.com
  The government of the small European island nation of Malta has signed a partnership with Omnitude. The deal will see blockchain technology used to improve the country’s public transport network.
  Malta Begin to Act Out Their Blockchain Strategy
  Sticking with their earlier commitment to explore and embrace blockchain technology, the Maltese national government has today announced a partnership with enterprise blockchain platform creators Omnitude.
  The Omnitude deal forms part of the island&
  
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• Crypto-powered Brave Browser Hits 5 Million Downloads in Google Play Store

  21-05-2018 19:51
  Cryptocurrency-powered web browser Brave has now been downloaded more than five million times from the Google Play mobile app store. The ad-blocking browser, which was co-founded by Mozilla Firefox creator Brendan Eich, reached this significant milestone last Thursday, just six months after crossing the one million download threshold. This rapid growth has come on the
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• DEx.Top A Bitmain Incubated Decentralized Exchange Launches This Month

  21-05-2018 19:22
  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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• WONO Peer-To-Peer Platform Presented on the Emerge Conference

  21-05-2018 19:17
  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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• Australians Lost Over $2 Million to Crypto Scams Last Year

  21-05-2018 19:01
  A report from the Australian Competition and Consumer Commission indicates that Australians lost millions of dollars to crypto-related scams in 2017.
  
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• Iran and Russia Consider Using Cryptocurrency to Evade US Sanctions: Report

  21-05-2018 18:40
  Iran and Russia could turn to cryptocurrency as a solution to evade Western financial sanctions and reduce their dependence on the US dollar. Iran has been struck by a monetary crisis in recent months after its fiat currency, the rial, plunged to historic lows against the US dollar leading up to US president Trump formally
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• Goodbye ICO: Next-Gen Cryptocurrency Dice Money Delivers Innovative ‘Crowd-Mining’ Economy

  21-05-2018 18:29
  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
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• Japan’s Largest Bank and Cloud Delivery Giant Akamai Announce Blockchain Payment Network

  21-05-2018 18:09 via cointelegraph.com
  Japanese banking giant MUFG has partnered with a major U.S. cloud delivery platform to release a blockchain-based payment network
  
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• A New Startup Has Zooko and Naval Betting on Better Crypto Contracts

  21-05-2018 18:04
  A group of old-school security researchers have raised funds to build a better smart contracting language.
  
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• US, Canadian Regulators Launch Dozens of Crypto Scam Probes

  21-05-2018 17:45
  An "international crackdown" on cryptocurrency scams was launched Monday by a group of securities regulators.
  
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• ‘Decent Probability’ Bitcoin Price Goes to Zero: Vanguard Economist

  21-05-2018 17:43
  An economist at one of the world’s largest asset managers believes there is a “decent probability” that the bitcoin price will eventually crash to zero. Joe Davis, the chief economist for $5.1 trillion asset manager Vanguard, wrote in an ETF.com op-ed that although the firm is enthusiastic about blockchain technology in general, it does not
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• State regulators launch 'Operation Crypto-Sweep' to police cryptocurrency investment schemes - CNBC

  21-05-2018 17:34
  CNBC
  State regulators launch 'Operation Crypto-Sweep' to police cryptocurrency investment schemes
  CNBC
  Regulators in the U.S. and Canada are launching a widespread crackdown on some cryptocurrency investment schemes, members of the North American Securities Administrators Association said Monday. More than 40 state and provincial watchdogs are ...and more »
  
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• Polish Finance Ministry Rolls Back Crypto Tax, Promises Smarter Regulation

  21-05-2018 17:24 via cointelegraph.com
  Poland’s Finance Ministry scraps its current crypto tax policy, admitting it may make traders pay “an amount often exceeding the funds invested”
  
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• Uniting Airbnb, Uber and WeWork Under One Cryptocurrency

  21-05-2018 16:58 via newsbtc.com
  Blockchain technology startup ShareRing aims to disrupt the sharing economy by developing a single mobile application to consolidate sharing services worldwide. The sharing economy is currently valued at over $100 billion and is predicted to grow to $335 billion or more by 2025, according to a report by Brookings.
  “I realized just how much waste we produce as a massive consumerist society,” said Tim Bos, co-founder and CEO of ShareRing. “[I] thought to myself, we can do better
  
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• Tron Price Surges 11 Percent Ahead of Mainnet Launch

  21-05-2018 16:43
  The Tron price posted a double-digit percentage rally on Monday, as the much-hyped project moved within 10 days of its official mainnet launch. Tron Price Posts Double-Digit Rally The TRX token had entered the day trading close to $0.0685 on Bitfinex, after which it began a steady rally that quickly carried it past the $0.07
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• Bitcoin Took a Hit Last Week But These Cryptos Fared Worse

  21-05-2018 16:35
  Bitcoin fell to one-month lows below $8,000 last week, but the lesser-known zilliqa token topped the list of losers.
  
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• Decentralized Gaming Platform Playkey Plans to Buy Back 2,000,000 PKT for up to 2.5 Million Dollars

  21-05-2018 16:22 via newsbtc.com
  From May 29 to June 29, the Playkey decentralized gaming platform plans to buy back PKT on the HitBTC exchange. Although the buyback price will be determined by the exchange rate, it shouldn’t exceed $1.24 per PKT. During the buyback, there will be a daily budget limit of $66,000 and a $20,000 purchase limit for a single seller.
  “We do that in accordance with our roadmap to keep the PKT price under the review and to increase the quality of the PKT holders giving the chance to former
  
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• Is 0x Being Pumped with Coinbase Speculation?

  21-05-2018 16:16
  Coinbase has deliberately refrained from mentioning any specific tokens.
  
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• $25,000 in 2018: Bitcoin Bull Tom Lee Sticks to Strong Forecast Despite Failed Prediction

  21-05-2018 15:33
  Widely followed cryptocurrency analyst Thomas Lee’s short-term market forecast may not have materialized, but he’s sticking with his bullish long-term prediction despite the setback. If anything, Fundstrat Global Advisors’ Lee is digging in his heels even further, reportedly reiterating his forecast for a $25,000 BTC price by year-end. What Happened Lee placed a great deal of stock … Continued
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• Bitcoin Mining Electricity Study Reveals How Little We Know

  21-05-2018 15:03
  Industry uses as much power as Ireland, but companies do not disclose their figures.
  
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• Bitcoin Miner Maker Canaan Files for Hong Kong IPO

  21-05-2018 15:00
  China-based Canaan Creative, one of the largest bitcoin mining hardware makers, has filed for an IPO in Hong Kong.
  
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• Cryptocurrency Exchange Huobi Poaches CEO from Major Rival OKEx

  21-05-2018 14:46
  Former OKEx CEO Chris Lee has joined rival cryptocurrency exchange Huobi as its vice president of global development, just days after stating that he was leaving his former employer so that he could spend more time with his family. Huobi made the announcement on Monday, explaining in a statement that Lee would help spearhead the … Continued
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• OPEN Presents Innovative Protocol Blockchain for Interoperability*

  21-05-2018 14:38 via newsbtc.com
  Cryptocurrencies and blockchain, undoubtedly, will disrupt companies and entire industries in the near future. OPEN Platform has been working hard from day one to push this vision forward by creating the tools that allow any developer anywhere to accept cryptocurrencies in a plug-and-play manner. This has the potential to tap into the $400 billion of cryptocurrencies, the vast majority simply sitting in wallets. OPEN completely challenges the status quo by allowing anyone to actually spend their
  
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• Roger Ver and Mate Tokay from Bitcoin.com Join A New Fintech Startup Advisory Board

  21-05-2018 14:06 via cointelegraph.com
  Roger Ver, Bitcoin.com CEO and Mate Tokay, COO, has become advisors to a fintech startup to bring new benefits to the Bitcoin Cash community #SPONSORED
  
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• Blockchain's Killer App? Making Trade Wars Obsolete

  21-05-2018 14:05
  A confluence of technologies is poised to dramatically reshape manufacturing and, in the process, render obsolete the international trade regime.
  
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• Kraken Donates $1 million to Coin Center, Backing Blockchain Research

  21-05-2018 14:00 via newsbtc.com
  Cryptocurrency exchange Kraken donated $1 million to Coin Center and pledged they will match donations made up to $1 million. After slamming a fact-finding inquest into crypto-exchanges, this shows their support for research designed to help regulators.
  Kraken Backs Blockchain Think Tank
  Executive Director of Coin Center, Jerry Brito, made the surprise announcement at the Coin Center Annual Dinner on May 14. He announced the donation and said that Kraken will match any donations made within May
  
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• China's IT Ministry: 2017 Saw Peak Investment in Domestic Blockchain Industry

  21-05-2018 13:39 via cointelegraph.com
  China’s IT ministry has published a report showing that 2017 was a banner year for the blockchain sector, with 178 new domestic blockchain startups
  
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