Cryptocurrency news

• New Partnership Announced Between Korea University and Huobi Subsidiary

  12-06-2018 23:48 via cointelegraph.com
  “Industry-academia” partnership between Korea University and Huobi crypto exchange seeks mutual benefits
  
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• EOS Mainnet Launch Stalls as Too Few Users Stake Their Tokens

  12-06-2018 23:17
  The EOS mainnet launch has stalled, as fewer than one-third of the tokens required to activate the platform have been staked by their owners. The mainnet technically launched on June 10 — more than a week after Block.one released version 1.0 of the EOSIO software — but the platform cannot be fully activated until 150
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• What Twitter Is Saying About Coinbase's Surprise ETC Listing

  12-06-2018 23:15
  Some members of the crypto community were surprised Tuesday when the U.S.-based exchange startup Coinbase announced that it plans to list ETC.
  
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• What People Are Saying About Coinbase's Surprise ETC Listing

  12-06-2018 23:15
  Some members of the crypto community were surprised Tuesday when the U.S.-based exchange startup Coinbase announced that it plans to list ETC.
  
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• Financial Crime Watchdog FAFT to Consider Cryptocurrency Regulations This Month

  12-06-2018 23:00 via newsbtc.com
  The international financial crime watchdog, the Financial Action Task Force (FATF), will hold discussions later this month to develop rules for governing cryptocurrency exchanges. It will primarily make sure effective countermeasures are in place to prevent money laundering and terrorist funding, according to a Japanese government official familiar with the matter.
  FAFT to Develop Binding Cryptocurrency GuidelinesThe push to develop these rules comes after financial policymakers from the world&r
  
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• Decred Proposes a DEX Without a Blockchain

  12-06-2018 22:33 via feedproxy.google.com
  
  Exchanges have been a weak spot in bitcoin going back to the Mt. Gox days. It is a decentralized currency, so why do so many people store their coins in centralized depositories? There are a lot of reasons, chief among them are ease of use and accessibility. Most of the time it is just laziness. […]
  The post Decred Proposes a DEX Without a Blockchain appeared first on Coinjournal.
  
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• Newsflash: Ethereum Price Dips Below $500 as Bitcoin Nears Year-to-Date Low

  12-06-2018 22:11
  The cryptocurrency market took another downward turn on Tuesday, driving the ethereum price below $500 and the bitcoin price one step closer to its year-to-date low. The majority of large cryptocurrencies had entered the day on a slight upswing, enabling them to regain a small amount of the ground that they lost when “Bloody Sunday”
  The post Newsflash: Ethereum Price Dips Below $500 as Bitcoin Nears Year-to-Date Low appeared first on CCN
  
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• Bitcoin's Price Slides Below $6.5K to Hit 70-Day Low

  12-06-2018 22:08
  The price of bitcoin, the world's largest cryptocurrency by market capitalization, fell to its lowest point since April 1 on Tuesday.
  
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• Japanese Police Investigates Individuals Alleged to be Involved with Cryptojacking

  12-06-2018 22:00 via newsbtc.com
  Authorities in Japan are investigating a number individuals who are alleged to have duped website visitors into mining cryptocurrency for them without their permission. If charges are pressed, it will be the first time that cryptojacking has become a criminal case in the nation.
  CoinHive Uses the Computers of Others to Mine Cryptocurrency
  The law that the individuals are thought to be in breach of bans the use of computer viruses in Japan. The investigation is being carried out by multiple polic
  
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• Fidelity is Looking for a New Fund Manager to Run Cryptocurrency Fund

  12-06-2018 21:45
  Fidelity Investments has reportedly paused operations with its much-celebrated cryptocurrency fund after the reported departures of key members. Fidelity launched a cryptocurrency-focussed investment fund in 2017. The firm made use of extra funds, after a careful settlement of the balance sheet, to invest in the high-risk, high-return asset class. However, a report on June 9, 2018,
  The post Fidelity is Looking for a New Fund Manager to Run Cryptocurrency Fund appeared first on CCN
  
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• South Korean Banking Group to Launch Blockchain-Powered ID Verification Platform

  12-06-2018 21:32 via cointelegraph.com
  South Korea’s commercial banking group to launch a blockchain-based customer ID verification platform in July
  
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• Blockchain Startup VeChain and Deutsche Bahn Develop DApp for China’s Logistics Industry

  12-06-2018 21:04 via cointelegraph.com
  Blockchain startup VeChain and the logistics arm of Deutsche Bahn have co-developed a new DApp for China’s logistics industry
  
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• Apple Prohibits Crypto Mining in Apps with New Guidelines

  12-06-2018 21:00 via newsbtc.com
  As crypto mining through apps becomes more prevalent Mac has had to address it in the release of their new guidelines.
  Mac Prohibits App Mining in New Guidelines
  Crypto mining is way up in 2018 with a reported 4000% increase in Q1. Most of the of the drive by mining malware and techniques can be found on Android and PCs. However, a program called mshelper was found earlier this year which was sucking up processing power and overheating fans and batteries on Mac devices as it surreptitiously mine
  
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• Why Coinbase Added Ethereum Classic Ahead of Ripple & Other Tokens

  12-06-2018 20:52
  Coinbase, the biggest cryptocurrency exchange, brokerage, and wallet based in the US, integrated Ethereum Classic on June 12 ahead of other major cryptocurrencies such as Ripple and EOS. The community was taken aback by the abrupt decision of Coinbase to add ETC to its platform, given that it is the 18th most valuable cryptocurrency in
  The post Why Coinbase Added Ethereum Classic Ahead of Ripple & Other Tokens appeared first on CCN
  
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• Congressional Bill Calls for Study of Crypto Use in Sex Trafficking

  12-06-2018 20:35
  The House of Financial Services Committee is introducing a bill that would launch an investigation into how cryptocurrencies enable sex trafficking.
  
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• Cryptocurrency Does Not Threaten Financial Stability, Says German Government

  12-06-2018 20:34 via cointelegraph.com
  The German Federal Government says crypto doesn’t threaten financial stability, but calls for international regulation of the crypto sphere
  
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• Cryptowisser – A new star in the crypto sky

  12-06-2018 20:12 via crypto-news.net
  If you are a “besserwisser” (German word meaning “know-it-all”), you will most likely not be appreciated by anyone. Cryptowisser, on the other hand, hopes to gain acceptance by providing a clear overview over the different services a cryptocurrency investor might need. The company is growing rapidly and its offering includes:
  Overview over 250+ cryptocurrency exchanges (more than any other similar site in the world)
  Overview over all the major cryptocurrency wallets
  Overv
  
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• Co-Founder of Ethereum: Blockchain Will be “More Disruptive” Than Dotcom Bubble

  12-06-2018 20:00 via newsbtc.com
  Joseph Lubin spoke at length earlier today about the disruptive potential of blockchain technology. The co-founder of the Ethereum network and blockchain software company ConsenSys was speaking at the MoneyConf in Dublin, the city his company has chosen to open a new office.
  Lubin: Blockchain Will Be “Orders of Magnitude More Disruptive” Than the Internet
  To promote the new ConsenSys offices in Dublin, Lubin addressed the financial conference on Tuesday according to Business Insider.
  
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• What Do We Know About Valerie Szczepanik, the First Crypto Czar

  12-06-2018 19:50 via cointelegraph.com
  The new crypto czar’s earlier comments also reveal that she is not a big fan of prescriptive guidance
  
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• Mysterious Estonian Mining Firm Files to Hold $180 Million ICO

  12-06-2018 19:49
  A mysterious startup based out of Estonia has filed with the US Securities and Exchange Commission to inform the agency that it intends to raise nearly $200 million through an initial coin offering (ICO). According to public documents filed earlier this month, the firm — NewTech Myning OU — hopes to raise as much as
  The post Mysterious Estonian Mining Firm Files to Hold $180 Million ICO appeared first on CCN
  
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• India's Central Bank Stays Mum on Crypto Ban Reasoning

  12-06-2018 19:30
  The RBI has responded to a query about why it moved to block banks from dealing with crypto businesses earlier this year.
  
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• Lucky Number 6: ORCA Made Crypto to Fiat Withdrawal under 6 Seconds

  12-06-2018 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
  The post Lucky Number 6: ORCA Made Crypto to Fiat Withdrawal under 6 Seconds appeared first on CCN
  
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• Abjcoin Commerce Partners with Satowallet to Provide 5% Weekly Airdrop to the Crypto Community

  12-06-2018 19:15
  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
  The post Abjcoin Commerce Partners with Satowallet to Provide 5% Weekly Airdrop to the Crypto Community appeared first on CCN
  
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• Nebulas and CertiK Announce Partnership

  12-06-2018 19:06
  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 Nebulas and CertiK Announce Partnership appeared first on CCN
  
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• The Government of Gibraltar and Its Most Prominent Law Firms to Feature at TokenMarket 2018 Summit

  12-06-2018 18:59
  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 The Government of Gibraltar and Its Most Prominent Law Firms to Feature at TokenMarket 2018 Summit appeared first on CCN
  
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• Cryptocurrency Market Inches Near $300 Billion in Gloomy Outlook

  12-06-2018 18:52
  The cryptocurrency market has slightly rebounded by about 2 percent, from $290 to $296 billion, as major cryptocurrencies like Bitcoin and Ethereum increased by 1 to 3 percent in value. Still, the market is demonstrating a bearish trend and shorts on exchanges like Bitfinex have surged by large margins over the past week. Bear Cycle
  The post Cryptocurrency Market Inches Near $300 Billion in Gloomy Outlook appeared first on CCN
  
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• Blockchain iGaming Platform TrueGame Completes Token Sales

  12-06-2018 18:43
  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. TrueGame has successfully completed their token sale and is set to launch the platform later this year, alongside a wide range of products. Expanding Market But Suspicious Consumers
  The post Blockchain iGaming Platform TrueGame Completes Token Sales appeared first on CCN
  
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• Trade Token (TIO), The World’s 1st ERC20 Cryptocurrency to Be Offered as a Payment Method for FX/CFD Brokers

  12-06-2018 18:35
  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 Trade Token (TIO), The World’s 1st ERC20 Cryptocurrency to Be Offered as a Payment Method for FX/CFD Brokers appeared first
  
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• iExec Releases the First-Ever Blockchain-Based Decentralized Cloud Marketplace

  12-06-2018 18:27
  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 iExec Releases the First-Ever Blockchain-Based Decentralized Cloud Marketplace appeared first on CCN
  
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• Apple Blocks Crypto Mining Apps On Its Products

  12-06-2018 18:10
  In a recent update, Apple expanded their initial guidelines on cryptocurrencies to include policies on wallets, mining, exchanges, ICOs, and more.
  
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• LA Trader Faces Prosecution for Illegal Bitcoin-Fiat Exchange

  12-06-2018 18:09 via cointelegraph.com
  An LA woman known as ‘Bitcoin Maven’ faces prosecution for allegedly running an unregistered multimillion dollar Bitcoin-fiat money transmitting business
  
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• Female Cryptocurrency Investors Doubled in Six Months: UK Exchange Research

  12-06-2018 17:39
  The London Block Exchange recently carried out a market research and found out one in eight women would consider investing in a cryptocurrency — almost 13%, compared to the 6% at the end of last year. The research also concluded those numbers rise when considering only millennials. Among this generation, one in five is likely
  The post Female Cryptocurrency Investors Doubled in Six Months: UK Exchange Research appeared first on CCN
  
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• UN Trade Body Examines Blockchain's Potential in Supply Chains

  12-06-2018 17:35
  A United Nations body that facilitates global trade is examining blockchain and smart contracts to see if they could play a role in its mission.
  
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• Crypto Mining Firm Argo Set to Become London Stock Exchange’s First Blockchain Listing

  12-06-2018 17:34 via cointelegraph.com
  Crypto mining company Argo set to become first blockchain firm to list on London Stock Exchange
  
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• New Organisation Formed in Switzerland to Promote Blockchain Use in Finance

  12-06-2018 17:06
  The Capital Markets and Technology Association is based in Geneva.
  
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• PR Firm Hires Investment Bankers from Jefferies and JPMorgan to Lead Blockchain Strategy Advisory Division

  12-06-2018 16:48 via feedproxy.google.com
  
  A leading blockchain professional service company has announced that it has hired senior bankers from investment firms JPMorgan and Jefferies Financial Group to lead a new blockchain strategy and advisory division. Wachsman, with offices in New York and Dublin, has the world’s largest blockchain-focused public relations team, who have helped over 100 organisations to achieve […]
  The post PR Firm Hires Investment Bankers from Jefferies and JPMorgan to Lead Blockchain Strategy Advisor
  
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• Former FDIC Chair Urges Fed to Consider Issuing Central Bank Digital Currency

  12-06-2018 16:34
  Sheila Bair, a former chair of the Federal Deposit and Insurance Corporation in the U.S., thinks the U.S. Federal Reserve Bank should seriously consider issuing a digital currency to reduce the risk of a financial crisis and improve monetary policy. Writing in Yahoo Finance, she noted that market volatility continues to shake confidence in banking
  The post Former FDIC Chair Urges Fed to Consider Issuing Central Bank Digital Currency appeared first on CCN
  
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• Financial Action Task Force to Set Cryptocurrency Regulations in June

  12-06-2018 16:11
  The G20 has committed to do whatever the FATF decides.
  
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• Binance User Base Reaches 9 Million, Extends Trading Support with ETC Pairs

  12-06-2018 16:05
  With daily trading volume between $1.4 to $1.5 billion, the exchange registered a profit of $150 million in Q1 2018.
  
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• SEC Chairman: Tokens are Not Exempt From Regulation, Expresses Discomfort

  12-06-2018 16:02 via newsbtc.com
  Government agencies all over the world scrutinize ICOs and their associated tokens. The SEC is an excellent example of the most recent developments taking place. Chairman Jay Clayton is seemingly convinced all tokens will be subject to regulation. That may prove impossible to enforce.Jay Clayton has a Unique View
  SEC Chairman Jay Clayton wants to regulate all tokens in the cryptocurrency industry. In his opinion, any security labeling itself as a token will be scrutinized quite significantly. Th
  
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• Money-Laundering Task Force Wants Binding Rules for Crypto Exchanges

  12-06-2018 15:25
  The Financial Action Task Force reportedly aims to develop compulsory rules for the world's cryptocurrency exchanges.
  
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• Ethereum Classic Price Soars 20 Percent after Coinbase Teases ETC Listing

  12-06-2018 15:22
  The ethereum classic price rose by more than 20 percent after US cryptocurrency exchange operator Coinbase announced that it would begin rolling out ETC support later this year. Coinbase to List Ethereum Classic (ETC) Coinbase announced on Monday that ethereum classic would become the fifth cryptoasset to be listed on the firm’s platforms, joining bitcoin,
  The post Ethereum Classic Price Soars 20 Percent after Coinbase Teases ETC Listing appeared first on CCN
  
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• NEO: Market Report, by eToro

  12-06-2018 15:06 via newsbtc.com
  Summary
  NEO, frequently nicknamed within the cryptocurrency community as The One,Ethereum ‘‘killer’’ or Chinese Ethereum, is a blockchain platform that implements digital assets, dApps and smart contracts, and tries to solve some scalability and regulatory issues of its competitors. With strong partnerships and support from the Asian cryptocurrency community, NEO is one of the most promising currencies in the crypto-assets space, with the ambitious goal of becoming the ma
  
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• Coinbase to List Ethereum Classic in “the Coming Months”

  12-06-2018 14:48
  The announcement resulted in a massive spike in the value of the coin.
  
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• Coinbase to List Ethereum Classic in ‘Coming Months’

  12-06-2018 14:48
  The announcement resulted in a massive spike in the value of the coin.
  
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• ETCgame – The Only Mainstream Crypto Prediction Market

  12-06-2018 14:37
  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 ETCgame – The Only Mainstream Crypto Prediction Market appeared first on CCN
  
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• Russian Gov’t, Corporate Giants Form Joint Venture to Develop in Blockchain, IoT

  12-06-2018 14:32 via cointelegraph.com
  Russia: state-owned Gazprombank and several other corporate giants have created a $450 mln venture planning projects in blockchain, IoT development
  
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• Forget Prices, Ethereum Is Offering a Different Value in Afghanistan

  12-06-2018 14:00
  According to Fereshteh Forough, the founder of Code To Inspire, ether bounties can be a tool for teaching Afghan women about financial empowerment.
  
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• Abu Dhabi Securities Exchange Partners UK FinTech for Blockchain Applications

  12-06-2018 13:56
  The Abu Dhabi Securities Exchange has inked a partnership with Equifax, a UK-based fintech company that provides blockchain technology services for capital markets. Equichain will be advising ADX on the best way to use new technologies including blockchain to increase the operational efficiency of the exchange in terms of transaction speed and security. ADX Chief
  The post Abu Dhabi Securities Exchange Partners UK FinTech for Blockchain Applications appeared first on CCN
  
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• IMF Chief Says Global Economic Outlook is Worsening, Optimism Towards Cryptocurrency

  12-06-2018 13:32 via newsbtc.com
  The financial system is still under a lot of pressure. Since the financial crisis of 2008, very little has changed to alleviate existing concerns. IMF chief Christine Lagarde acknowledges the global economy is not in the best of places right now. Additionally, she remains optimistic about the future of various cryptocurrencies.The Global Economy is in Bad Shape
  The 2008 economic crisis has shown the world how fragile the global economy really is. No country has been spared from the proverbial on
  
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