Cryptocurrency news

• Headphones Maker Monster Is Quietly Planning A $300 Million ICO

  30-05-2018 23:00
  A longstanding company in the consumer products business wants to fund its own distribution service with a giant ICO, hoping to lure peers to join it.
  
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• BoE: Central Bank Digital Currency May ‘Strengthen’ Monetary Policy

  30-05-2018 23:00 via newsbtc.com
  According to research from the Bank of England (BoE), a central bank issued digital currency has the potential to revolutionize monetary policy.BoE Studies Risks and Benefits of Central Bank-Issued Digital Currency
  The BoE has been researching how a central bank digital currency (CBDC) would work in practice. It authored a research paper which claimed an important ‘step forward’ in the design of a currency. Accordingly, it stated that it would not leave commercial bank vulnerable &md
  
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• Chinese President Xi Jinping: Blockchain Reshaping Global Economic Structure

  30-05-2018 22:46
  Xi Jinping, the President of China, arguably the most powerful politician in the world today, has said at the annual academic conference hosted by the Chinese Academy of Sciences that blockchain technology, artificial intelligence (AI), and Internet of Things (IoT) are reshaping the global economic structure. “Ever since the start of the 21st century, a
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• Survey Indicates 35% of High Net Worth Individuals Have Invested in Crypto

  30-05-2018 22:00 via newsbtc.com
  According to a published survey, over a third of high net worth individuals either plan to or already have invested in cryptocurrencies.
  deVere Poll Hints at Great Interest in Cryptocurrency Among Wealthy Individuals
  The research was conducted by the deVere Group – a global independent financial consultancy group. The poll surveyed over 600 of the group’s clients from across the globe. It included individuals from the U.S., the U.K., Qatar, the United Arab Emirates, Australia, Hong K
  
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• More Than 1,000 Ethereum DApps Have Launched since 2017

  30-05-2018 21:47
  More than 1,000 decentralized applications (DApps) have been and deployed onto the Ethereum network since 2017, according to analytics startup Alethio. Alethio’s Christian Crowley shared this data at “ConsenSys Community Day,” which was held this week at the Tel Aviv Stock Exchange and reported on by Finance Magnates. Crowley, whose company is building a real-time
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• TaaS Partners with OSA DC to Build Global Smart Consumer Platform

  30-05-2018 21:25
  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 Data Security and Equity Division

  30-05-2018 21:21
  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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• Conda ICO: Whitelisting Phase Started as of April 1st

  30-05-2018 21:15
  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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• New Blockchain App For Quick Identity Verification To Help Protect Users’ Data

  30-05-2018 21:13 via cointelegraph.com
  A new blockchain-powered app could cut time spent on proof of identification processes. After submitting their personal information just once, the users’ identity can be verified by trusted compliance platforms #SPONSORED
  
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• India's Telecom Regulator to Use Blockchain to Prevent ‘Pesky’ Telemarketing Spam

  30-05-2018 21:06 via cointelegraph.com
  India’s telecom regulator has proposes a blockchain-based system to prevent unsolicited telemarketing communications, as well as to protect the privacy of telecom users
  
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• ABBC Foundation will give out 100ABBC to people who download their Multi Crypto wallet between 15th June to 14th July

  30-05-2018 21:02 via crypto-news.net
  ABBC Foundation has announced that their multi crypto HD wallet will be launching on 15th June which will last for almost a month. To commemorate this historic event, they will be giving away 100 ABBC coins to first 500,000 users who download the wallet from 15th June to 14th July. This exclusive event was created due to the extensive response received from the public and total amount of 50,000,000ABBC will be given out during this event. ABBC Foundation wishes to invite more people worldwide to
  
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• New Zcash Software Sets Stage for 'Sapling' Upgrade

  30-05-2018 21:00
  The development team of the zcash cryptocurrency has released new software that contains support elements of the network's planned Sapling upgrade.
  
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• Mirko ‘Cro Cop’ Expects More Mountains to Climb with Dicewallet after Main Event Withdrawal

  30-05-2018 21:00
  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 Mirko ‘Cro Cop’ Expects More Mountains to Climb with Dicewallet after Main Event Withdrawal appeared first on CCN
  
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• Investor Brian Stutland: Bitcoin Acts as a Fear Gauge for the Non-Crypto Market

  30-05-2018 21:00 via newsbtc.com
  A prominent investor has stated that he feels that Bitcoin is acting as an indicator for the direction that the market will move.
  Brian Stutland of Equity Armor Investments spoke to CNBC about the correlation between the world’s most prominent digital currency and the wider, non-crypto market.
  Stutland: “Bitcoin is Sort of Becoming the New VIX”
  The Chief Investment Officer and Investment Advisor Representative of Equity Armor Investments addressed the subject on CNBC’s&nb
  
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• Hackers Demand $1 Million in XRP after Breaching Two Canadian Banks

  30-05-2018 20:49
  Hackers who stole the personal information of tens of thousands of customers from two Canadian banks are threatening to publish that data online unless the banks pay them $1 million in XRP. Regional media outlet CBC News reports that the Bank of Montreal (BMO) and Simplii Financial were successfully breached over the weekend, allowing the
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• 10 Reasons to Be Excited about Essentia

  30-05-2018 20:48
  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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• Winklevoss Twins, Meet Donnie Kim – Crypto’s True ETF Pioneer

  30-05-2018 20:41
  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 Winklevoss Twins, Meet Donnie Kim – Crypto’s True ETF Pioneer appeared first on CCN
  
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• Goldman Sachs-Backed Tradeshift Eyes Blockchain After Successful $250 Mln Funding Round

  30-05-2018 20:22 via cointelegraph.com
  Tradeshift innovation lab set to pursue blockchain after $250mln in new funding
  
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• Hackers Demand $1 Million Ransom in XRP for Stolen Bank Data

  30-05-2018 20:00 via newsbtc.com
  Hackers have demanded a $1 million ransom to be paid in Ripple (XRP) for stolen personal data of 90,000 Canadians.
  They exploited the systems of two Canadian banks and threatened to release the user information unless their demands were met.
  Hackers Exploit Bank Weaknesses
  The hack was revealed on Monday by the multinational Bank of Montreal (BMO) and online bank Simplii Financial. Over the weekend, the banks were informed that personal information had been taken of a combined 90,000 different a
  
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• ‘A Game Changer’: UK FX Brokerage Pilots Ripple XRP for Money Transfers

  30-05-2018 19:47
  Currencies Direct, a London-based foreign exchange (FX) brokerage, has confirmed a successful international money transfer pilot using Ripple’s xRapid platform, powered by native token XRP. In an announcement [PDF] on Tuesday, the UK brokerage revealed it conducted a number of international money transfers between organizations based in the US, Mexico and Europe in seconds, compared
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• The Ethereum Classic Investment Trust (ETCG) Is Trading at a 300% Premium over Its NAV

  30-05-2018 18:41
  The Ethereum Classic Investment Trust (OTC: ETCG) is currently trading at a premium of more than 300 percent over the value of the fund’s underlying assets. The fund, a product of Grayscale Investments, provides investors with exposure to ethereum classic (ETC) by holding the cryptocurrency on their behalf. Each share of ETCG is equivalent to
  The post The Ethereum Classic Investment Trust (ETCG) Is Trading at a 300% Premium over Its NAV appeared first on CCN
  
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• $30 Million Crypto Startup Fund Launched By Mobile Game Maker

  30-05-2018 18:35
  A maker of mobile games based in Japan has launched a $30 million investment fund focused on cryptocurrencies and blockchain.
  
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• EOS Cryptocurrency Lacks Price Direction Ahead of Launch

  30-05-2018 17:39
  EOS' move to its own mainnet is just a couple of days away, yet its native cryptocurrency is looking indecisive on the price charts.
  
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• BlockShow in Berlin Sets New Record With Largest Turnout Yet

  30-05-2018 17:27 via cointelegraph.com
  Blockshow Europe 2018 ended yesterday, after two days of panels with speakers including BTCC co-founder Bobby Lee and Wikipedia founder Jimmy Wales
  
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• Japan’s Gumi Launches Global Blockchain Investment Fund

  30-05-2018 17:13 via feedproxy.google.com
  
  Leading mobile game publisher gumi Inc. has announced a new cryptocurrency fund with an initial investment of $30 million, with the goal of investing in early-stage crypto startups. The fund, called Gumi cryptos, offers its portfolio companies a strategic viewpoint into the Japanese market. To date, the fund has made four investments, investing in Basis, […]
  The post Japan’s Gumi Launches Global Blockchain Investment Fund appeared first on Coinjournal.
  
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• Bitcoin May Not Be Around In 100 Years, Says Nobel Laureate Economist Robert Shiller

  30-05-2018 17:00
  Robert Shiller, a Nobel Prize-winning economist and Yale University professor, says bitcoin may be extinct in 100 years because it “looks like a bubble.” If bitcoin is around, Shiller says it will be a completely different iteration of what it is today. “I’m thinking bitcoin won’t look anything like it is today,” Shiller told CNBC.
  The post Bitcoin May Not Be Around In 100 Years, Says Nobel Laureate Economist Robert Shiller appeared first on CCN
  
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• Asus' New Crypto Mining Motherboard Has Space for 20 GPUs

  30-05-2018 17:00
  Motherboard maker Asus has debuted a new product aimed specifically at cryptocurrency miners.
  
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• New Report Suggests Average ICO Investor Sees 82% Profit

  30-05-2018 16:38 via cointelegraph.com
  A new analysis of over 4,000 ICOs has found that the average ICO investor makes 82% profits
  
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• Bitcoin Price Rebounds to $7,500, Still Early for a Bull Run

  30-05-2018 16:30
  The bitcoin price has increased by around 6.5 percent since its dip to $7,040 on May 30, stabilising in the $7,500 region. Naturally, as the bitcoin price spiked, the entire cryptocurrency market followed the dominant cryptocurrency’s upward price trend, leading both major cryptocurrencies and tokens to increase by 3 to 10 percent. Can Bitcoin Sustain
  The post Bitcoin Price Rebounds to $7,500, Still Early for a Bull Run appeared first on CCN
  
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• Israeli Cryptocurrency Regulation to Be Delayed, Dealing Blow to Industry

  30-05-2018 16:29
  The law was supposed to come into effect on Friday.
  
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• Hackers Demand $1 Million in XRP After Bank Data Theft

  30-05-2018 16:15
  Hackers who stole personal information on 90,000 Canadian bank users have demanded $1 million in Ripple's XRP to not release the data trove.
  
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• Blockchain, Smart Contracts Come to the Digital Advertising Market with SaTT

  30-05-2018 16:05
  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. US company ATAYEN develops a Smart Advertising Transaction Token (SaTT) to utilize blockchain technology for the online advertising and publishing market. The new project utilizes its own smart
  The post Blockchain, Smart Contracts Come to the Digital Advertising Market with SaTT appeared first on CCN
  
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• Top-3 Underrated ICOs within Last 2 Years: What Makes a Difference?

  30-05-2018 15:42
  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 Top-3 Underrated ICOs within Last 2 Years: What Makes a Difference? appeared first on CCN
  
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• Ethereum Classic Defuses “Difficulty Bomb” in Hard Fork

  30-05-2018 15:24
  Ethereum Classic has announced the success of defusing the “difficulty bomb” that was found in the network code which was set to render mining unprofitable. Ethereum Classic forked from Ethereum in 2016 over a disagreement surrounding the loss of funds following the hack which compromised the DAO, a smart-contract funding project. Most of the community
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• Ethereum Classic Upgrades Network Protocol to Ensure Mining Remains Viable

  30-05-2018 15:17 via cointelegraph.com
  Ethereum Classic claims a successful network upgrade has been implemented at block 5,900,000 to ensure that mining will stay viable in future
  
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• Company to Open Mining Centers in Unused Buildings Across Swiss Alps to Reduce Energy Costs

  30-05-2018 15:08 via cointelegraph.com
  A company claims it has found a way to reduce the energy consumption of crypto miners and blockchain businesses.It plans to open mining facilities in unused buildings across the Swiss Alps #SPONSORED
  
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• Tradeshift Plans Blockchain Push After $250 Million Funding

  30-05-2018 15:00
  Supply chain management firm Tradeshift says it will further expand into blockchain following a $250 million Series E round led by Goldman Sachs.
  
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• BitBay Leaves Poland to Join Malta’s Crypto-Friendly Environment

  30-05-2018 15:00 via newsbtc.com
  BitBay, a Polish digital currency exchange, announced that it is moving its operations from Poland to Malta. The decision was taken amid increasing pressure over the cryptocurrency ecosystem in its home country. Malta, on the other hand, has been regarded as the ‘Blockchain Island’ for its crypto-friendly environment.
  Malta Swoops Another Cryptocurrency Exchange
  Founded in 2014 by Chief Executive Officer Sylwester Suszek, BitBay was the first company in Poland to offer a professional
  
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• Poland’s Cryptocurrency Exchange BitBay to Relocate to Malta

  30-05-2018 14:39 via feedproxy.google.com
  
  Poland’s largest cryptocurrency exchange has announced that it is shutting shop in its home country and is relocating to the sunnier climes of Malta. Established in 2014, Polish crypto exchange BitBay provides access to 29 digital currencies, has over 800,000 active users, processes 125 transactions per minute, and has more than 200 employees, making it […]
  The post Poland’s Cryptocurrency Exchange BitBay to Relocate to Malta appeared first on Coinjournal.
  
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• Korea’s Supreme Court Orders Seizure of $1.4 Million in Bitcoin in Criminal Case

  30-05-2018 14:35
  South Korean authorities are cleared to confiscate 191 bitcoins, about $1.43 million, from the operator of a child pornography website in addition to a prison sentence and a penalty. In a ruling on Wednesday, South Korea’s Supreme Court said that cryptocurrency can be deemed a forfeitable asset in a criminal prosecution, Yonhap News reports. In
  The post Korea’s Supreme Court Orders Seizure of $1.4 Million in Bitcoin in Criminal Case appeared first on CCN
  
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• Millennial Investors Exit Wall Street on Crypto Investment Path

  30-05-2018 14:00 via newsbtc.com
  While Wall Street institutions continue debating the move into cryptocurrencies many of its young talents have already made enough through personal investments in the space to walk away from the promise of a lifelong safety net to pursue alternative ventures on their own coin.
  Millennials Eschew Wall Street in Favor of Personal Investing
  Bloomberg recently profiled several up and coming executives who left some of the financial world’s most storied names to go out on their own backed
  
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• 'Layer 2' Blockchain Tech Is an Even Bigger Deal Than You Think

  30-05-2018 14:00
  The rise of solutions like the lightning network suggests crypto can have its cake and eat it too. Transactional scaling may just be the icing.
  
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• Following Court Order Banco Estado Welcomes Back Cryptocurrency Firm

  30-05-2018 13:56
  The only public bank in Chile accepts the court's decision; two other major banks will appeal.
  
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• Banco Estado, Following Court Order, Welcomes Back Cryptocurrency Firm

  30-05-2018 13:56
  The only public bank in Chile accepts the court's decision; two other major banks will appeal.
  
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• Kuwait Bank Adopts Ripple for Instant Cross-Border Payments

  30-05-2018 13:30
  The Kuwait Finance House (KFH) has become the Arab nation’s first bank to join RippleNet, an enterprise blockchain network from industry giant Ripple, for international remittance payments. In an announcement, the Kuwaiti bank confirmed its move to join RippleNet, a SWIFT-replacement global blockchain network that sees over 100 financial institutions including banks, payment providers, remittance
  The post Kuwait Bank Adopts Ripple for Instant Cross-Border Payments appeared first on CCN
  
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• China’s President Xi Says Blockchain Part of New ‘Technological Revolution’

  30-05-2018 13:24 via cointelegraph.com
  China’s president gives speech on blockchain “breakthroughs”
  
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• Korea Seizes Bitcoin Worth $1.4 Million Following Supreme Court Ruling

  30-05-2018 13:00
  South Korea's Supreme Court ruled Wednesday that cryptocurrencies can be forfeited in criminal cases, allowing the seizure.
  
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• EOS Bug Bounty Launch Raises Questions From Industry Experts

  30-05-2018 13:00 via newsbtc.com
  The mainnet launch of EOS is inching closer. As such, the developers want to ensure there are no lingering bugs or fatal flaws for hackers to exploit. A bug bounty program has been created which rewards $10,000 for every bug discovered and shared. This is a positive development, even though the venture also receives some backlash from industry experts.The EOS Bounty Program
  It is commendable to see developers pay attention to project security. Especially in the world of blockchain and cryptocurr
  
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