Cryptocurrency news

• Crypto Cries Foul In Wake of Tether's Dollar Token Report

  20-06-2018 23:55
  Tether announced its tokens are fully-backed by real cash according to a third-party review but the crypto community doesn't seem convinced.
  
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• World Wealth Report 2018: Young Millionaires Interested in Investing in Cryptocurrencies

  20-06-2018 23:43 via cointelegraph.com
  Only around half of millionaires are in tune with their wealth managers and the very rich are increasingly interested in cryptocurrency investments
  
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• ICOs ‘Taking Advantage’ of Retail Investors: Nasdaq CEO

  20-06-2018 23:01
  Initial coin offerings (ICOs) may provide early-stage startups with an effective way to raise capital and build a dedicated base of followers, but the head of one of the world’s largest stock exchanges believes that they’re harmful to retail investors. Nasdaq CEO Adena Friedman levied this criticism on Wednesday at the Future of Fintech conference
  The post ICOs ‘Taking Advantage’ of Retail Investors: Nasdaq CEO appeared first on CCN
  
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• World Refugee Day: Leveraging the Blockchain to Deliver Digital Identities

  20-06-2018 23:00 via newsbtc.com
  World Refugee Day is a day that is held every 20 June to highlight and raise awareness of the situation that refugees face throughout the world.
  But with billions of people worldwide lacking an identity, how can the blockchain be leveraged to deliver digital identities to the world’s most vulnerable?
  Using the Blockchain to Provide Digital IDs
  Each day thousands of refugees are forced to flee their homes because of violence and conflict.
  Such is the plight that refugees face, that the Unit
  
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• Goldman Sachs Exploring Crypto Derivatives, Says COO

  20-06-2018 22:46 via cointelegraph.com
  The COO of Goldman Sachs has announced that the company is exploring trading cryptocurrency derivatives
  
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• Introducing Decenturion: A Decentralized State Built on Blockchain

  20-06-2018 22:21 via feedproxy.google.com
  
  Blockchain technology has always been focused on disruption, from the financial overalls promised by Bitcoin to the anti-internet oligopoly vision of Ethereum.  Now, an ambitious and somewhat mysterious group is attempting perhaps the most disruptive application of distributed ledger technology to date. Decenturion promises to be the first sovereign society governed by direct democracy via […]
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• Trump Official Argues for 'Sweet Spot' in Crypto Regulation

  20-06-2018 22:15
  The U.S. government needs to develop reasonable regulations around the nascent cryptocurrency space, said OMB director Mick Mulvaney.
  
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• Amsterdam Airport Reveals Its First Cryptocurrency ATM

  20-06-2018 22:00 via newsbtc.com
  Passengers visiting Amsterdam’s Schiphol Airport will now be able to trade their Euros for cryptocurrencies, through a newly launched cryptocurrency ATM.
  Schiphol Unexpectedly Announces Cryptocurrency ATMOn June the 20th, Schiphol Airport announced the installation of its first cryptocurrency ATM. According to the blog post released by the airport, this is going to be the first cryptocurrency ATM installed in a European airport.
  However, it was made clear that this installation is currentl
  
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• House Rules Politicians Must Disclose Crypto Investments Above $1K

  20-06-2018 21:42
  Members of the House of Representatives, the lower chamber of the U.S. Congress, must begin disclosing cryptocurrency investments that exceed $1,000.
  
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• Brazil’s Central Bank Unveils Blockchain Data Exchange Platform for Regulators

  20-06-2018 21:41
  Brazil’s central bank has unveiled details of a newly-developed blockchain platform that will be used to facilitate information exchange between the country’s financial regulators. Dubbed ‘Pier’, the blockchain was developed by the Banco Central do Brasil (BCB)’s own IT department and will be used to share data securely between the central bank and other domestic
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• Report: Tether Does Have Enough Dollar Reserves to Back All USDT in Circulation

  20-06-2018 21:00 via newsbtc.com
  A Washington-based law firm said today that the cryptocurrency Tether (USDT), which as its name suggests is pegged to the value of the U.S. dollar, holds enough U.S. dollar reserves to back all of its coins in circulation.
  The news couldn’t come at a better time. Just last week a University of Texas research paper was published that claimed Tether was being used to manipulate the price of Bitcoin and other coins throughout the market’s bull run that peaked last December. 
  Tether
  
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• Bithumb – Details Still Sketchy After $30 Mln Hack

  20-06-2018 20:58 via cointelegraph.com
  Bithumb – What we know after $30 million hack
  
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• Circle’s Decision-Making Process On New Token Listings Revealed

  20-06-2018 20:33
  The criteria exchanges employ in making listing decisions is not entirely an exact science. In an effort to offer clarity, Goldman Sachs-backed fintech startup Circle has released details regarding how it decides what to list on its Poloniex exchange. The five broad categories that Circle examines when analyzing the potential of an asset are market
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• IoT Chain (ITC) Team Will Attend the Plug and Play (PNP) Supply Chain & Logistics Focus Week

  20-06-2018 20:07
  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 IoT Chain (ITC) Team Will Attend the Plug and Play (PNP) Supply Chain & Logistics Focus Week appeared first on CCN
  
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• Pantera Capital’s Hedge Fund Underperformed Against Bitcoin Last Month

  20-06-2018 20:00 via newsbtc.com
  Crypto hedge fund Pantera Capital has said that its fund was outperformed by the Bitcoin price last month as market prices continued to decline.
  Diversity Isn’t Always the Answer
  Dan Morehead, CEO of Pantera Capital, wrote his findings in an investment letter yesterday. According to a report from Bloomberg, Pantera Capital’s Digital Asset Fund dropped 26 percent in May. Year-to-date, the fund is down by 51 percent.
  Bitcoin saw its value drop by 15 percent last month; however, si
  
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• Stablecoin Project Secures Backing From Peter Thiel, Coinbase, 40 Others

  20-06-2018 19:59 via cointelegraph.com
  A new project for a stabilized cryptocurrency that works ‘like normal money,’ has received backing from Peter Thiel, Coinbase, Distributed Global, GSR.IO and 40 others
  
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• Rapper Akon Creates ‘Akoin’ Cryptocurrency for Use in Senegal’s ‘Akon Crypto City’

  20-06-2018 19:54 via cointelegraph.com
  The Akon Crypto City, a “100% crypto-based city,” will use rapper Akon’s cryptocurrency to “cryptonize” its daily life
  
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• mBitCasino Adds Altcoin Support for Live Table Game Enthusiasts

  20-06-2018 19:33
  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 mBitCasino Adds Altcoin Support for Live Table Game Enthusiasts appeared first on CCN
  
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• Essentia.one Announces $11m Fund to Incentivize Third Party Development of Its Protocol

  20-06-2018 19:30
  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 Essentia.one Announces $11m Fund to Incentivize Third Party Development of Its Protocol appeared first on CCN
  
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• ‘Evolve & Adapt’: Goldman Sachs May Trade Cryptocurrencies, Not Just Futures

  20-06-2018 19:24
  Investment banking giant Goldman Sachs is getting more serious about launching a full-scale cryptocurrency trading operation. Speaking with Bloomberg, Goldman Sachs COO David Solomon said that the firm is holding internal discussions about offering more cryptocurrency trading services in response to client demand. “We are clearing some futures around Bitcoin, talking about doing some other
  The post ‘Evolve & Adapt’: Goldman Sachs May Trade Cryptocurrencies, Not Just Futures
  
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 20

  20-06-2018 19:18 via cointelegraph.com
  Going long! What cryptocurrencies? Check our price analysis to find out
  
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• Musicians Have Always Been Ripped off – Here’s How to Fix It

  20-06-2018 19:11
  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 music industry’s business model has always been broken. For over 100 years artists have been paid a fraction of the earnings their music makes. Take Enrico Caruso,
  The post Musicians Have Always Been Ripped off – Here’s How to Fix It appeared first on CCN
  
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• Bithumb Says They Lost $30 mil. Worth of Crypto

  20-06-2018 19:00 via crypto-news.net
  On June 20th, at about 3 am UTC, Bithumb announced a notice for Twitter subscribers explaining that the reason behind the suspension of deposit and withdrawals is because they noticed $30 mil to be missing from the exchange.
  They assured everyone that Bithumb would cover all expenses and affected users will be fully refunded.
  Then this tweet got deleted
  In a strange behavior pattern, the above-featured tweet was removed from the exchange’s Twitter feed, and replaced by two other posts, non
  
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• Securities: Ethereum, ICOs & Traditional Financial Regulatory Framework

  20-06-2018 18:53 via feedproxy.google.com
  
  In what continues to be a fascinating journey, the legislative process is slowly but surely being applied to cryptocurrencies, with the US regulatory authorities extending what appears to be a reasonably well thought out and measured approach to engaging with the emerging crypto-asset space, in particular with regards to the application of securities legislation to […]
  The post Securities: Ethereum, ICOs & Traditional Financial Regulatory Framework appeared first on Coinjournal.
  
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• Chairman of Korean Gaming Giant Predicts Use of Blockchain in ‘All Industries’ in Future

  20-06-2018 18:37 via cointelegraph.com
  Blockchain tech, similar to the widespread nature of the Internet, will soon be used across all industries, says the chairman of South Korean gaming giant
  
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• Robinhood CEO: It's 'Very Foolish' to Rule Out Bitcoin

  20-06-2018 18:25
  More than a million people signed up to trade cryptocurrencies after Robinhood first announced the feature, co-CEO Vlad Tenev said Wednesday.
  
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• Tether Releases ‘Transparency Update’ Vetted by Former FBI Director’s Law Firm

  20-06-2018 18:15
  Controversial cryptocurrency startup Tether has released a “transparency update” indicating that its dollar-pegged USDT token, which had a $2.55 billion market cap as of June 1, is fully backed by physical dollars deposited in two separate banks. Released on Wednesday, the report was a product of Freeh, Sporkin & Sullivan LLP (FSS), a legal firm
  The post Tether Releases ‘Transparency Update’ Vetted by Former FBI Director’s Law Firm appeared first on CCN
  
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• ASKfm: Now with Blockchain and Tokenization

  20-06-2018 18:01
  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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• Enigma Protocol to Integrate Smart Contracts Tech With Intel Systems

  20-06-2018 18:00
  Smart contracts project Enigma will use Intel tech to help secure one of the first public blockchains utilizing privacy-preserving "secret contracts."
  
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• Tether Has Enough USD to Back Tokens, Says Law Firm in Unofficial Statement

  20-06-2018 17:55 via cointelegraph.com
  Two of Tether’s bank accounts have enough USD to back its token issuance, says a law firm founded by a former FBI director
  
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• End of Crypto-Anonymity? EU to Allow Regulators to Monitor Coins, Wallets

  20-06-2018 17:51
  A new EU directive allows Financial Intelligence Units to monitor cryptocurrencies to fight money laundering and terrorism
  
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• Cryptocurrencies Can Now be Monitored by FIUs, New EU Directive Says

  20-06-2018 17:51
  EU Member States have 19 months to amend their national laws, regulations and administrative provisions.
  
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• Cryptocurrencies Can Now Be Monitored by FIUs, a New EU Directive Says

  20-06-2018 17:51
  EU Member States have 19 months to amend their national laws, regulations and administrative provisions.
  
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• With 2nd Stage of Presale Set to End, DECOIN Already Completes Development of Blockchain Environment

  20-06-2018 17:35
  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. DECOIN is on the verge of providing real-world utility for users with its innovative blockchain based solutions. Already well on its way to becoming a major player in … Continued
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• The SEC Just Froze One ICO's Accounts for a Second Time

  20-06-2018 17:31
  The SEC is once more taking action against a co-founder of the PlexCoin ICO project, having already sued him over securities violations and fraud.
  
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• Singapore-Based Blockchain Platform Credits to Forge Blockchain Future of India

  20-06-2018 17:30
  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. Blockchain quickly becomes the focus of attention of banking industry expert community. Understandably so, considering that a lot of banks’ functions are believed to be insecure or susceptible … Continued
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• trade.io Sponsors “The Future of Cryptocurrencies” on Bloomberg

  20-06-2018 17:24
  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 much-anticipated invite-only exclusive event, “The Future of Cryptocurrencies” will be hosted by Bloomberg on June 29th, 2018, at its offices in Europe’s financial capital, London, England. Sponsored … Continued
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• Digital Islamic Bank HADA DBank Welcomes IBC Top Execs as Advisors, Strategic Partners

  20-06-2018 17:19
  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. Blockchain-based digital bank HADA DBank has announced yet another significant milestone in its project, with the confirmation that His Excellency Khurram Shroff and Mohammed Arif Ansari, both high-level … Continued
  The post Digital Islamic Bank HADA DBank Welcomes IBC Top Execs as Advisors, Strategic Partners app
  
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• 3 Hacks in 12 Months: The Reasons Behind Crypto Exchange Bithumb’s Failings

  20-06-2018 17:16
  South Korea’s biggest cryptocurrency exchange Bithumb, which has been the most trusted digital asset trading platform within the country alongside UPbit, Coinone, and Korbit over the past few years, has been hacked for the third time in 12 months. Hackers Can Hack Any Cryptocurrency Exchange On June 20, Bithumb experienced a $30 million hacking attack, … Continued
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• Cloud Computing Goes Decentralized with iExec, Providing an Economical Resource Sharing Platform

  20-06-2018 17:15
  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 world is increasingly dependant on computers. Silicon chips are found in the smallest of things, such as digital wrist watches- and go up to dedicated, custom built … Continued
  The post Cloud Computing Goes Decentralized with iExec, Providing an Economical Resource Sharing Platform appeared first on CCN
  
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• Singer Akon Announces Cryptocurrency and Plans for Real-Life 'Wakanda'

  20-06-2018 16:45
  Add Akon to the list of celebrities who are launching their own cryptocurrencies.
  
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• Goldman Sachs’ Blankfein Explains Why He Hasn’t Closed the Door On Crypto

  20-06-2018 16:24
  Goldman Sachs’ CEO Lloyd Blankfein continues to swagger back and forth about cryptocurrency. Blankfein, who is expected to step down from his CEO position at Goldman Sachs in December, wore his “pro” bitcoin mettle Tuesday in an interview with Bloomberg Editor-In-Chief John Micklethwait at the Economic Club of New York. His latest statements are in … Continued
  The post Goldman Sachs’ Blankfein Explains Why He Hasn’t Closed the Door On Crypto appeared first on
  
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• Newfund Reveals Names of First Batch of Firms to Raise Fund via ETO

  20-06-2018 15:41
  More than 1000 investors have already registered to the platform.
  
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• Neufund Reveals Names of First Batch of Firms to Raise Fund via ETO

  20-06-2018 15:41
  More than 1000 investors have already registered to the platform.
  
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• US Fourth Largest Mobile Provider Partners on Automotive Blockchain Platform

  20-06-2018 15:27 via cointelegraph.com
  US No.4 mobile provider Sprint has partnered to develop a blockchain powered platform for the automotive industry
  
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• ICON Gears up for $800 Million Token Swap in Preparation for Mainnet Launch

  20-06-2018 15:27
  Following months of development, smart contracts platform ICON is finally gearing up for its formal mainnet launch. First, however, users must migrate approximately $800 million worth of ICON (ICX) tokens to the nascent network. Until now, ICX tokens — which were originally distributed through a $43 million initial coin offering (ICO) last year — have … Continued
  The post ICON Gears up for $800 Million Token Swap in Preparation for Mainnet Launch appeared first on CCN
  
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• Tether Review Claims Crypto Asset Fully Backed – But There's a Catch

  20-06-2018 15:00
  Tether has finally produced a third-party report proclaiming that its cryptocurrency, USDT, is fully backed by U.S. dollars – with some big caveats.
  
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• Bitcoin: The Days of Future Past Explained

  20-06-2018 15:00 via newsbtc.com
  The Wall Street Journal ran an op-ed yesterday examining the future of Bitcoin by drawing parallels to private currencies in the past in order to try and make sense of the current cryptocurrency market.
  Everything Old is New Again
  The piece begins with the statement that for “most of its 10-year history, the digital currency bitcoin has been viewed by some people as the future of money.” In order to put that into context the writer, Paul Vigna, explains that in 2009 when Bi
  
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• Binance is Backing Malta Stock Exchange’s Fintech Startup Program

  20-06-2018 14:46
  Malta continues to move ahead in the crypto space with cryptocurrency exchange giant Binance now confirming that it will be supporting the country’s Malta Stock Exchange (MSE) in an innovative blockchain and crypto-related project. The MSE recently announced that Binance, the world’s largest cryptocurrency exchange, is backing its newly launched program to support fintech and
  The post Binance is Backing Malta Stock Exchange’s Fintech Startup Program appeared first on CCN
  
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• Crypto Markets See Red After Hack of World’s Sixth Largest Crypto Exchange

  20-06-2018 14:10 via cointelegraph.com
  All of the top ten cryptocurrencies by market cap have been hit by losses today, after news broke of the hack of the world’s sixth largest crypto exchange, Bithumb
  
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