Cryptocurrency news

• Cryptocurrency Trading Halted in Zimbabwe Despite High Court Ruling

  29-05-2018 23:05
  Restoration of cryptocurrency trading on Zimbabwe bitcoin exchange Golix will take longer than expected as the company says it is still working on having its bank accounts reopened while also awaiting finalization of regulatory issues regarding virtual currencies in the country. Golix is one of two major cryptocurrency exchange platforms in Zimbabwe, the other being
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• Wikipedia Co-Founder: “The Crypto World is Absolutely, Definitely in a Bubble”

  29-05-2018 23:00 via newsbtc.com
  The co-founder of Wikipedia has once again publicly denounced cryptocurrency. James Wales told a European blockchain conference that the entire digital currency space was in a bubble that was certain to pop.
  James Wales: “Right Now, We are in a Bubble”
  The Wikipedia co-founder was speaking at a blockchain conference held in Berlin. During his ‘top secret’ presentation at the Blockshow event today, Wales slammed cryptocurrency, stating that it was in a bubble that wou
  
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• No Disney, No PayPal? SEC Charges ICO Founder Over False Statements

  29-05-2018 22:32
  The U.S. Securities and Exchange Commission has charged the company behind an initial coin offering (ICO) and its president with securities fraud.
  
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• Crypto Markets Make Slight Rebound After Bitcoin Touched Monthly Lows

  29-05-2018 22:11 via cointelegraph.com
  Crypto markets are slightly up, all top ten cryptocurrencies by market cap are in the green
  
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• Crypto World ’Definitely in a Bubble’: Wikipedia Creator Jimmy Wales

  29-05-2018 22:08
  The co-founder of the world’s largest online encyclopedia said that he believes the current state of the cryptocurrency market bears many of the characteristics of an asset bubble. Wikipedia creator Jimmy Wales made this claim on Tuesday at cryptocurrency conference Blockshow, which is being hosted in Berlin. “Right now, we are in a bubble. The
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• ‘No Hoax’ McAfee Coin Could Turn Fiat on Its Head

  29-05-2018 22:00 via newsbtc.com
  Founder of McAfee Antivirus and paid shiller, John McAfee, announced a new fiat currency today, backed by crypto. In a radical move against long roadmaps, the McAfee Coin is set to launch, without prior warning, in less than a month.
  McAfee Shills Himself
  McAfee, self-proclaimed ‘Father of the Privacy Movement,’ has his face featured on four of the seven notes. The One McAfee Redemption Unit note features McAfee surrounded by five women. The notable individual chosen for the 50 Redem
  
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• IOTA Price Rallies after Trinity Wallet Receives Beta Release

  29-05-2018 21:41
  The IOTA price posted a double-digit percentage rally on Tuesday following the beta release of a new wallet client for the cryptocurrency. IOTA Price Leads Large-Cap Index IOTA had entered the day on a slight downslope, eventually declining as far as $1.33 during intraday trading. However, the IOTA price turned a corner at approximately 3:00
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• ALEHUB: Revolutionizing the Project Management Landscape with Blockchain

  29-05-2018 21:03
  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. It is no secret that the freelance industry is mired in a wide variety of issues, ranging from everything from non-settlement of dues to either party’s incompetence. While several
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• BitGo Taps New Sales Exec During Crypto Custody Push

  29-05-2018 21:01
  BitGo has announced it hired Bloomberg Tradebook head Josh Schwartz as its new vice president of sales.
  
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• Bitwage Launches ICO Guidance Platform Inwage and Rolls Out Ether Support

  29-05-2018 21:00 via newsbtc.com
  Bitcoin payroll platform Bitwage have announced that they’ve created a new initial coin offering (ICO) advisory firm, as well as extending their existing services to support Ether. Their ICO guidance service will be known as Inwage.
  Inwage Will Help Companies Raise the Maximum Funding from Their ICO
  Bitwage have launched a couple of new services to add to their existing crypto payroll platform. The first is Inwage – an advisory firm to help clients creating initial coin offerings to
  
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• DIWtoken.com – Alpha Version Launched on Testnet | ICO about to End

  29-05-2018 20:55
  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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• Former Huobi CTO Zhang Jian Launches FCoin, Gaining Investments from Top Venture Capital Firms

  29-05-2018 20:23
  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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• Website Outlines The Cost of 51% Attack on Altcoins: It’s Lower Than You Think

  29-05-2018 20:18
  A website has been created that estimates the cost of a 51% attack on different cryptocurrencies, allowing attackers to maliciously double spend, meaning to spend the same balance twice. The site developer who goes by /u/xur17 on Reddit spoke to CCN about their motivation for creating the site: “There was an attack against Bitcoin Gold a … Continued
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• bitcoinClean – the First Eco-Friendly Cryptocurrency

  29-05-2018 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 … Continued
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• Blockchain + Internet of Things: Everything Could Be a Mining Machine. IONChain Brings New Changes.

  29-05-2018 20:03
  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 concept of the Internet of Things (IoT) has been around for many years, but it still lies dormant. Industry data show that there is an enormous potential … Continued
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• Prosecutors Sell 1,000 Bitcoin in Germany’s Largest Cybercrime Sale

  29-05-2018 20:00 via newsbtc.com
  Bamberg cybercrime specialists have sold over 1,000 Bitcoin and other coins for more than €12 million ($13.9 million) since February 2018. The cryptocurrencies were seized from a platform that had 30,000 users and is the highest sale of seized Bitcoin in Germany.
  ‘Emergency Sale’ Due to Volatility
  The Bitcoins were sold over two months from February 20 in an emergency sale due to the high volatility that affects the cryptocurrency markets. In total, 1,312 Bitcoins (BTC) wer
  
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• Looking to the Future: 3 Blockchain Projects with Long-Term Vision

  29-05-2018 19:51
  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. As we move into the middle of the year, there are more upcoming ICOs and blockchain startups are entering the market, and funds raised through ICOs and VC … Continued
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• How to Earn Money – While You Play Casino & Betting Games?

  29-05-2018 19:45
  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. Zerocoin is an exciting new offshoot of the world famous cryptocurrency, Bitcoin. The new alternative to Bitcoin promises even more security through truly anonymous transacting, as well as … Continued
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• Survey: Three out of Ten Germans Are Considering Crypto Investing

  29-05-2018 19:22 via cointelegraph.com
  Despite high price volatility, cryptocurrencies remain popular in Germany, especially among young people
  
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• British FX Firm Currencies Direct Pilots Ripple Tech

  29-05-2018 19:15
  Foreign exchange brokerage Currencies Direct successfully completed several international transfers using Ripple's xRapid product.
  
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• SEC Investor Conference to Hold Session on Bitcoin and ICOs

  29-05-2018 19:05
  The US Securities and Exchange Commission are holding the SEC Investor Conference in Atlanta this year on June 13 at Georgia State University. There will be a town hall event followed by break-out events wherein attendants can meet with members of the SEC for a more informal discussion on issues regarding regulation in the world … Continued
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• ICBCoin – More Than a Cryptobank, Which Entered ICO to Combine Banking, Cryptocurrency and Forging on One Platform

  29-05-2018 18:46
  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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• 7 Myths About Ethereum Decentralization

  29-05-2018 18:30 via cointelegraph.com
  Does the decentralization unicorn really exist? 70 to 80 percent of the total hashrate of the Ethereum network belongs to just four or five of the most popular mining pools
  
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• 6 Myths About Ethereum Decentralization

  29-05-2018 18:30 via cointelegraph.com
  Does the decentralization unicorn really exist? 70 to 80 percent of the total hashrate of the Ethereum network belongs to just four or five of the most popular mining pools
  
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• Austrian Regulator Freezes Crypto Mining Firm Amid Investigation

  29-05-2018 18:15
  The Austrian Financial Market Authority has suspended the operations of cryptocurrency mining firm INVIA GmbH for offering illegal investments.
  
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• Putting Halal Food Traceability on the Blockchain, TE Foods Partners with HALAL TRAIL

  29-05-2018 18:03
  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. A major industry that is expected to reach a trading volume of 2,550,000,000,000 by 2024, halal foods and its associated processing companies have their presence all around the … Continued
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• EOS ICO Approaches $4 Billion after Year-Long Crowdsale

  29-05-2018 18:03
  The initial coin offering (ICO) for blockchain project EOS is approaching $4 billion as it nears the conclusion of its year-long token sale. According to a report in the Wall Street Journal, EOS creator Block.one is on track to raise $4.2 billion by the end of the ICO, which began on June 26, 2017, and … Continued
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• First Decentralized Crypto-Fiat Marketplace Dether Releases Mobile App

  29-05-2018 17:52
  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. Cryptocurrencies are often viewed as incompatible with current fintech setups around the world, as they are too reliant on fiat currency. But, with streamlined currency exchange with fiat,
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• Cryptfunder Announce Plans to Nature Blockchain Startup, Token Sale

  29-05-2018 17:48
  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. A new technology has come to stay, paving a new path in man and machine co-relationship while leaving a reality of disruption in its wake. Blockchain is man’s
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• Bitcoin Price Rebounds From $7,040 to $7,450 but Bulls Yet to Turn Up

  29-05-2018 16:49
  Earlier today, on May 29, the bitcoin price dropped to $7,040, to its new monthly low. Since then, BTC has recovered to $7,450, but regardless of the newly formed optimism in the market, it is still too early to conclude the start of a new bull market. Weak Volume As CCN reported throughout late May,
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• Ecosystem Brings Online Marketplace, Automated Crypto Trading and Tax Advice in One Place

  29-05-2018 16:48 via cointelegraph.com
  An upcoming ecosystem will allow users to buy goods using crypto and perform automatic trades as well as receive legal and tax advice #SPONSORED
  
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• NAGA’s Already-Extensive Ecosystem is Only Just Getting Started

  29-05-2018 16:38 via newsbtc.com
  The NAGA platform has a lot going on, with an extensive ecosystem of proven use cases and value drivers. With such a diverse portfolio, it’s easy to overlook the core components of NAGA — here’s everything you need to know to get up to speed.
  The Many Benefits of NAGA COIN (NGC)
  At the very center of NAGA is the ecosystem’s in-house cryptocurrency token, the NAGA COIN (NGC), which powers the platform and integrates seamlessly with all of NAGA’s tools.
  The most impre
  
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• Meet Kakao: How Korea's Largest Mobile Giant Is Embracing Blockchain

  29-05-2018 16:30
  Jason Han, CEO of Kakao's blockchain subsidiary Ground X, tells CoinDesk his thoughts on how crypto could impact big business.
  
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• South Korea: Government Committee Plans to Make ICOs Legal Again

  29-05-2018 16:10 via cointelegraph.com
  South Korea’s government wants to undo its ICO ban
  
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• Oldest Bitcoin Exchange to Launch New Platform In June

  29-05-2018 16:00 via newsbtc.com
  BTCC Exchange, the world’s oldest Bitcoin exchange has announced an upgraded platform next June. At launch, the operator will support trading of a limited number of cryptocurrency pairs and offer zero trading fees for the first three months.
  BTCC Exchange to Launch New And Enhanced Platform In June
  The oldest Bitcoin exchange in the world is reforming its modus operandi by enlarging its cryptocurrency trading offering as well as by optimizing to include offline cold storage and SSL en
  
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• $14.5 Bln South African Investment Firm to Launch Crypto Exchange

  29-05-2018 15:50 via cointelegraph.com
  A major South African investment firm with 180 billion rand ($14.5 bln) under management will launch a cryptocurrency exchange later this year
  
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• Portuguese Tax Authority Issues Ruling on ICO and VAT: Expert Take

  29-05-2018 15:37 via cointelegraph.com
  As tokens can be used for several purposes, VAT implications of a single token may vary based on its characteristics, functionalities, and final use
  
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• EOS Still Patching ‘Epic Vulnerabilities’ Just Days Ahead of Launch

  29-05-2018 15:30
  Highly-anticipated blockchain project EOS is just days away from its scheduled production release, but its development team is still patching what security researchers have described as “epic vulnerabilities” present in its codebase. China-based cybersecurity firm Qihoo 360 on Tuesday reported that it had identified security flaws that would allow attackers to use a malicious smart
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• Currencies Direct Tests International Money Transfer with xRapid

  29-05-2018 15:26
  With xRapid, 3 to 5-day long process took mere seconds.
  
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• Korean Customs Service to Develop Full-Scale Blockchain Customs Platform

  29-05-2018 15:13 via cointelegraph.com
  The Korean Customs Service (KSC) will cooperate with the Korean operator of major parcel forwarding service Malltail to develop a blockchain-based customs platform
  
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• ICO Investing Established as the New Authority in 2018 – Hyperion Fund Poised to Capture Further Growth

  29-05-2018 15:10
  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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• Ethereum Network Noted Major Growth in 2017, Analytics Firm Claims

  29-05-2018 15:00 via newsbtc.com
  The Ethereum network is growing at an accelerated pace. With hundreds of tokens issued on top of this technology, things look rather promising. Additionally, there’s substantial growth in the number of dApps making use of Ethereum’s technology. All of this seems to hint at a bright future for this project in general.
  Ethereum Attracts a lot of People
  The overall interest in the Ethereum ecosystem cannot be denied. Alethio’s Christian Crowley recently shared some interesting sta
  
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• Crypto Payroll Processor Bitwage Launches ICO Advisory Firm

  29-05-2018 15:00
  Bitcoin payroll firm Bitwage has launched an advisory company aimed to make it easier for companies to launch token sales.
  
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• S. Korea: Financial Regulator ‘Sympathizes’ With Demands to End Crypto-Blockchain Regulatory Split

  29-05-2018 14:44 via cointelegraph.com
  South Korean researcher says blockchain and cryptocurrency need each other and should be identically regulated
  
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• Chinese Police Bust $47 Million Purported Blockchain Pyramid Scheme

  29-05-2018 14:29
  Chinese law enforcement has dismantled an RMB300 million pyramid scheme purporting to be blockchain project in yet another crackdown on faux crypto-based fraud. A gang of over ten suspects involved in the pyramid scheme has been arrested by police in Jinan, the capital city of the Shangdong province in eastern China according to a China
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• Korean National Assembly Makes Official Proposal to Lift ICO Ban

  29-05-2018 14:10
  South Korea's legislative arm of government is pushing for the removal of the country's ban on domestic initial coin offerings.
  
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• Australia: PwC, Chamber of Commerce, Port of Brisbane Partner for Blockchain Pilot

  29-05-2018 14:10 via cointelegraph.com
  PwC Australia, Port of Brisbane, Australian Chamber of Commerce and Industry announce blockchain proof of concept for int’l trade supply chains
  
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• Bitcoin Price Manipulation Steers World’s Top Crypto in Difficult Direction

  29-05-2018 14:00 via newsbtc.com
  Bitcoin is a notoriously volatile market. Massive price swings occur on a regular basis and cause a fair bit of negative market pressure. One of the main questions is whether or not there is effectively any degree of Bitcoin price manipulation taking place. The proof is in the pudding, but it remains difficult to say for sure.
  The Wild Bitcoin Price Swings
  Over the past nine years, there have been many debates regarding the Bitcoin price. It is an extremely unstable market, which tends to see up
  
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• Chinese Blockchain Conference Under Fire After Actor Imitates Former Leader

  29-05-2018 13:36
  While a few cryptocurrency projects are infamous for displaying ostentatious marketing efforts to generate hype, the strategy is seemingly being picked up by organizers of blockchain conferences as well. However, the harmless efforts can sometimes swing the other way, as organizers of a Chinese blockchain event learned on Monday. Marketing Gone too Far? The 2018
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• EOS Forced to Patch 'Epic' Security Loopholes Ahead of Launch

  29-05-2018 13:01
  Blockchain platform EOS says serious vulnerabilities reported by an internet security firm just days before its mainnet launch have been fixed.
  
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