Cryptocurrency news

• SEC, CFTC, IRS And Others: A Guide To US Regulating Bodies

  26-05-2018 23:45 via cointelegraph.com
  A guide to the complex crypto regulation framework in the US: Here’s how SEC, CFTC, FinCen and IRS view Bitcoin
  
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• Op-Ed | Cryptocurrencies like Bitcoin Consume Significantly Less Resources than Fiat Money

  26-05-2018 23:30
  Earlier this week, I wrote on social media that it costs significantly less energy to produce cryptocurrencies like bitcoin and Ethereum. The responses were, “that’s not true, once fiat money is created, no additional energy is required.” Bitcoin and cryptocurrency have an energy problem? People at the FED don't sit around painting Benjamin Franklin all
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• TRON Creator Continues to Show an Interest in Acquiring BitTorrent Inc

  26-05-2018 23:00 via newsbtc.com
  TRON is one of the altcoins making a lot of headlines lately. After announcing its imminent main net launch, excitement has taken hold again. It now appears the creator of this project seeks to acquire BitTorrent Inc. It is another step along the way toward creating a completely decentralized internet.BitTorrent Inc is Important
  Few people remember how BitTorrent Inc changed the internet as we know it. Thanks to its peer-to-peer file transferring technology, the company was once dubbed a ‘
  
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• Rapid Growth of Lightning Network Payment Channels Paints a Bright Future for Bitcoin

  26-05-2018 22:00 via newsbtc.com
  The Bitcoin ecosystem is set to undergo some major changes. One of the bigger upcoming developments is the Lightning Network. Over the past few months, thousands of new payment channels have been established, signalling a major step in the right direction toward mass adoption of this new technology.
  The Lightning Network Payment Channels
  Scaling Bitcoin to offer instant and cheap transactions requires major developments. This code upgrade is known as the Lightning Network. It allows users to ope
  
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• South African Police Investigate Alleged Crypto Ponzi-Scheme Involving 28,000 Investors

  26-05-2018 21:34 via cointelegraph.com
  South African Police are investigating an alleged crypto investment fraud in which 28,000 investors are said to have lost over $80 mln
  
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• World’s Largest Diamond Retailer Joins De Beers Blockchain Project

  26-05-2018 21:30
  Signet Jewelers, the world’s largest retailer of diamond jewelry, has joined Tracr, the diamond blockchain program being developed by South African gem juggernaut De Beers Group. Signet is part of a growing chorus of industry giants that are part of the Tracr pilot program, which will track each diamond that gets mined on a shared
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• Venezuelans Turn to Cryptocurrency Mining to Generate Passive Income

  26-05-2018 21:05 via newsbtc.com
  The Bolivarian Republic of Venezuela is home to one of the worst hyperinflation crisis in the world. Because of this, citizens are increasingly turning to mining cryptocurrencies to make up for their lack of funds.Cryptocurrency Mining BoomOne major reason that crypto mining is booming is because of the country’s energy situation. Electricity, although sometimes spotty, is almost free, as a result of both the hyperinflation as well as government-mandated utility price freezes.
  According to
  
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• Fixy ICO Opportunity Last Call before Exchange Listing and Multiple Partnerships Announcement

  26-05-2018 20:34
  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
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• Infinitus Has Just Created the Solution to Cryptocurrency’s Biggest Problem

  26-05-2018 20:29
  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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• Blockchain-Based Crypto Game Bitpet Announce Their Impending Airdrop Event

  26-05-2018 20:22
  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
  The post Blockchain-Based Crypto Game Bitpet Announce Their Impending Airdrop Event appeared first on CCN
  
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• CRYSTALS Token Event to Bring a Game-Changing Solution to the Modeling Industry

  26-05-2018 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
  The post CRYSTALS Token Event to Bring a Game-Changing Solution to the Modeling Industry appeared first on CCN
  
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• Skywire by Skycoin: Democratizing the Internet, Launches Testnet Service

  26-05-2018 20:14
  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 Skywire by Skycoin: Democratizing the Internet, Launches Testnet Service appeared first on CCN
  
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• TE-FOOD Partners with HALAL TRAIL Bringing Halal Food Companies to the Blockchain

  26-05-2018 20:11
  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 TE-FOOD Partners with HALAL TRAIL Bringing Halal Food Companies to the Blockchain appeared first on CCN
  
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• Latest Bitcoin Scam: Demanding Crypto to Return Lost Dog

  26-05-2018 18:30
  A woman in Youngsville, North Carolina, whose pet dog had gone missing, was told to pay a bitcoin ransom by criminals claiming to have taken the family pet. Patricia Howell was told to pay $600 in bitcoin or Happy the basset hound would be sold or killed. The pet owner said that she knew it
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• $1.5 Million: Cryptocurrency Trading Platform Taylor Suffers 2,500 ETH Hack

  26-05-2018 17:32
  Taylor, a company that recently launched an initial coin offering (ICO) to raise funds to help develop a smart cryptocurrency trading assistant, has recently been hacked for 2,578 ETH (about $1.5 million) as well as some of its TAY tokens. According to a Medium blog post the company published, what truly happened isn’t yet clear,
  The post $1.5 Million: Cryptocurrency Trading Platform Taylor Suffers 2,500 ETH Hack appeared first on CCN
  
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• The New Coin of Digital Marketing

  26-05-2018 17:17
  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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• Russian Central Bank’s Deputy Governor: Blockchain Tech Still Needs to ‘Mature’

  26-05-2018 16:45 via cointelegraph.com
  The Russian Central Bank’s First Deputy Governor has said that blockchain is not yet “mature” enough for industrial-scale use
  
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• After Last Year’s Mempool Drama, Batched Bitcoin Transactions Finally on the Rise

  26-05-2018 16:13
  When bitcoin transaction fees hit record costs in mid-to late-2017, a race for solutions was in force. The most workable one came in the form of batching bitcoin transactions, and batching’s popularity has increased in the background of a general bear market that started in early 2018. Technical Underpinnings of Batching At the time, it
  The post After Last Year’s Mempool Drama, Batched Bitcoin Transactions Finally on the Rise appeared first on CCN
  
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• Chinese Government Orders Faster Blockchain Development, Urgently Seeking Results

  26-05-2018 15:13
  The State Council of China ordered local financial authorities and government-funded research centers to focus on the development of blockchain technology and accelerate the commercialization of the blockchain. The official statement of the State Council of China released on May 24 read: “To build a regional equity market in Guangdong, according to the opening up
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• Analyst Says Bitcoin May Drop to $5,500 Before New Upside In Q3/Q4 2018

  26-05-2018 13:39 via newsbtc.com
  The price of Bitcoin has faced unexpected downward pressure in May as Consensus 2018 did not produce enough enthusiasm for a bullish move. Analyst Willy Woo said the virtual currency may only find its upside in Q3/Q4 2018. Until then, bulls may find bid opportunities at prices as low as $5,500.
  Bitcoin to Complete Downside At $5,500-$5,700, Analyst Says
  The cryptocurrency market has been under pressure in 2018 following an extensive race to the top, with Bitcoin breaching the $20,000 level. Trad
  
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• Cryptocurrency Market on a Continuous Decline, No Major Movements on the Upside

  26-05-2018 13:33
  Over the past hour, the bitcoin price has increased by 1.4 percent, from $7,410 to $7,550, after recording a sudden spike in buy volume, as shown below in the 30-minute chart of bitcoin below. Cryptocurrency market has also moved up slightly but has struggled to record any major movement. Bitcoin to $6,000 While several bulls
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• UK Financial Regulator Opens 24 Investigations Into Crypto Businesses for Compliance

  26-05-2018 13:19 via cointelegraph.com
  UK investigates multiple cryptocurrency businesses for compliance, following US, Canada
  
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• Blockchain Must Adapt to Build Trust in the Internet of Things

  26-05-2018 12:30
  While there is tremendous promise for the tech, blockchain must evolve substantially to meet the unique demands of the internet of things.
  
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• Startup Behind Zk-Starks Tech to Seek Cryptocurrencies as Customers

  26-05-2018 12:15
  Lead scientists behind privacy tech zk-starks have started a business providing the solution to blockchains in exchange for tokens.
  
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• Startup Behind Zk-Starks Breakthrough to Seek Cryptocurrencies as Customers

  26-05-2018 12:15
  Lead scientists behind privacy tech zk-starks have started a business providing the solution to blockchains in exchange for tokens.
  
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• The Blockchain Arms Race Gathers Momentum

  26-05-2018 12:00 via crypto-news.net
  Over the years, technology giants have striven to take advantage of the newest and most advanced technologies to stay ahead of competition and to gain a competitive advantage over their peers. Google has invested fully in the emerging field of artificial intelligence (AI) with over 14 acquisitions, Amazon is leading the research and development of drone technology for its deliveries, and Cisco’s $1.4 billion acquisition of Jasper Technologies positioned it squarely in the internet of thing
  
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• Bank of England Governor: Open to the Idea of a Central Bank Digital Currency

  26-05-2018 05:34 via cointelegraph.com
  The governor of the Bank of England Mark Carney said at an event in Stockholm that he is open to the idea of a central bank digital currency
  
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• Author Niall Ferguson: I Wish I Had a Bitcoin for Every ‘Phony’ ICO White Paper Received

  26-05-2018 04:00 via newsbtc.com
  Niall Ferguson, author of ‘The Ascent of Money: A Financial History of the World’, has spoken out against initial coin offerings (ICO) because of the associated potential for fraud and scams. 
  Rooting out Bad Actors in ICO Market
  Ferguson’s comments were said at a seminar recently held by the Bank of England, where he shared his support for Bitcoin, but spoke out against the associated, often unregulated fundraising method of ICOs.“I wish I had a Bitcoin for every ph
  
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• World’s Largest Diamond Jewelry Retailer Joins De Beers Blockchain Pilot

  26-05-2018 03:56 via cointelegraph.com
  De Beers has announced that the world’s largest diamond jewelry retailer has joined its blockchain initiative aimed at improving industry transparency
  
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• Mark Carney: BoE Remains Open to Possibility of Central Bank Crypto

  26-05-2018 03:00 via newsbtc.com
  Speaking on the future of central banking, Mark Carney says the primary role of banks is maintain trust in money. As for cryptocurrencies, a Bank of England-backed coin is, for now, not being seriously considered because the current volatility inherent in the coins prevent them from being a secure medium of exchange.
  At the panel in Stockholm, the BoE governor said the ‘past, present, and the future’ of institutions comes down to maintaining public confidence.
  Carney also reiterated
  
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• Shenzhen Gov't Partners With Tencent to Fight Tax Fraud With Blockchain

  26-05-2018 02:46 via cointelegraph.com
  The Shenzhen municipal tax authority has partnered with Tencent to apply blockchain and AI technology to streamline tax management and fight tax fraud
  
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• Bitcoin Cash (BCH) Price Technical Analysis (May 26, 2018)

  26-05-2018 02:04 via newsbtc.com
  Fundamentals and development of Bitcoin Cash is not a problem. The issue we all have is the failure of price,-value-to reflect the effort of the community. Not only do we have a robust network that can scale and settle transactions faster, there is wide adoption of the coin from different payment providers and merchants. As it is, Bitcoin Cash is down 14 percent for the week and two percent in the last 24 hours but these metrics would widen should there be a dip past $930 or May 24 lows. Today&r
  
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• Be Wary of Tron and EOS, Every Hyped Mainnet Launch is Followed by a Price Dump: EOS, Tron, IOTA, Litecoin and Stellar Lumens Price Analysis (May 26, 2018)

  26-05-2018 02:02 via newsbtc.com
  Statistics show that alt coin prices are within range and oscillating within May 24 high low. That’s including Tron which had an important fundamental event yesterday. The TVM is but a non issue and whether this is a calculation and a soak of sells/buy, the chart will show. In the mean time though, most coins as IOTA and EOS are within strong support that can either make or break them today. Any convincing evidence of trend resumption would necessitate initiation of trades according to the
  
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• What You Can Expect If You Are Willing To Accept Cryptocurrency For Selling Your House - Forbes

  26-05-2018 01:01
  Forbes
  What You Can Expect If You Are Willing To Accept Cryptocurrency For Selling Your House
  Forbes
  After a long debate, my wife and I decided we were going to put our house on the market, but I had one condition. The condition was that we would accept cryptocurrency, such as Bitcoin, as a source of payment. My wife was somewhat hesitant at first ...
  Cryptocurrency Market on a Continuous Decline, No Major Movements on the UpsideCCN
  Six reasons why you should invest in CryptocurrencyWhat Invest
  
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• Monero Mining Malware Hits Apple Macs

  26-05-2018 00:55
  A new Mac-based cryptojacking attack was reported this past week on Apple’s forums, forcing users to unwittingly run software that mines privacy coin monero. According to a Malwarebytes Labs blog post, the software was discovered when a user noticed that a process called “mshelper” consumed suspiciously-large amounts of CPU time. The user said that mshelper … Continued
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, TRON: Price Analysis, May 25

  26-05-2018 00:30 via cointelegraph.com
  We’ve been bullish for quite a while now. Is it time to buy? Find out in our latest price analysis
  
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• Amazon Taking “Baby” Steps into Blockchain Technology

  26-05-2018 00:20 via crypto-news.net
  Amazon, America’s tech giant and largest internet retailer in the world, is set to partner with Kaleido, a start-up that will work to provide a one-click blockchain solution for AWS, in a joint venture aiming to allow companies to create their own blockchains and cryptocurrencies without investing too much time redeveloping the technology behind them, saving money and time they can thus spend on other aspects of their own business.
  This means that AWS is going to offer “BaaS” (
  
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• Czech Energy Company to Crowdfund Projects, Sell Gas With Crypto

  26-05-2018 00:17 via cointelegraph.com
  In June, a Czech gas and energy company will begin accepting crypto to crowdfund infrastructure projects and as payment for services
  
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• World’s Largest Diamond Retailer Joins Blockchain Tracking Solution Pilot

  26-05-2018 00:00 via newsbtc.com
  Signet Jewelers, the world’s largest diamond retailer, announced yesterday that it will be the first to join the blockchain Tracr pilot program run by diamond miners De Beers.
  Proof of Conflict-Free Diamonds
  Signet will join other industry leaders in trialling the Tracr platform in its pilot phase and will expand the pilot to include traceability all the way to the diamond store itself. They will also provide input on catering for the retail side of the project and will focus on the tracki
  
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• The Universal KYC Solution Comes to Investment Platform for Professionals

  26-05-2018 00:00 via newsbtc.com
  Blockpass, which offers users a service to pass a one-time “Know-Your-Customer” procedure for usage in a variety of blockchain services, has announced that it will be integrating its solution into BnkToTheFuture, a global platform for professional investors. Blockpass has a fully functional application released for iOS and Android and has announced several major partnerships in recent weeks. The company will hold a Token Distribution Event of its own PASS tokens starting May 31, 2018
  
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