Cryptocurrency news

• Top Five Biggest Crypto Mining Areas: Which Farms Are Pushing Forward the New Gold Rush?

  23-06-2018 23:37 via cointelegraph.com
  Mining industry overview: Who will prevail in the cryptocurrency mining market in 2018? Top five biggest farms which mine Bitcoin on an industrial scale
  
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• Irish Crypto Exchanges On The Receiving End As Banks Close Accounts

  23-06-2018 21:30
  A study conducted by Amarach Research and Red Flag recently revealed that the number of people in Ireland who currently own cryptocurrencies is around 120,000, or about 2.5% of the population. This is an increase of 300% in a period of four years. Such a remarkable growth in the adoption of cryptocurrencies in Ireland is
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• Bitcoin Futures Market: Reason For Recent Price Fall?

  23-06-2018 21:00 via crypto-news.net
  In a note by Tom Lee of Fundstrat Global Investors, the firm’s head of research, there is a mysterious reason why Bitcoin has been falling for the last few months. According to Lee, Bitcoin sees dramatic price changes in correlation with the expiration of CBOE futures contracts. The leading digital currency has soared more than 50% this year and nearly 20% last week. Tom Lee believes he has uncovered the mysterious reason that’s weakening the price of the cryptocurrency. He states th
  
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• Cardano Co-Founder: Wall Street Will Bring ‘Tens of Trillions of Dollars’ to Crypto

  23-06-2018 19:40 via cointelegraph.com
  Cardano co-founder Charles Hoskinson: Wall Street’s interest in crypto once regulation is sorted will bring in “tens of trillions of dollars”
  
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• Class in Session! Stanford University Establishes Blockchain Research Center

  23-06-2018 19:33
  Stanford University’s computer science department has established a center for blockchain research to promote the study of and develop best practices for this nascent technological field. Unveiled on Wednesday, the Center for Blockchain Research is a five-year research program that has been underwritten by a variety of cryptocurrency organizations, including the Ethereum Foundation, Protocol Labs,
  The post Class in Session! Stanford University Establishes Blockchain Research Center appeare
  
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• 3 Reasons Why Bitcoin Market Remains Optimistic Despite $6,000

  23-06-2018 18:26
  On June 23, CNBC Fast Trader hosted a show dedicated to presenting the “Bitcoin Funeral,” a witty introduction to BKCM founder and cryptocurrency investor Brian Kelly’s discussion on the recent bitcoin correction and its future price trend. Three Reasons why Bitcoin Isn’t Dead On CNBC Fast Trader, Kelly outlined three major reasons bitcoin will recover
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• $1 Million Bounty Earmarked for Global Hackathon Teams by Essentia.one

  23-06-2018 18:03
  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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• 4 Blockchain Entrepreneurs Win $100K Thiel Awards

  23-06-2018 18:00
  Entrepreneurs and developers behind four different blockchain startups can add their names to the list of Thiel Fellowship awardees.
  
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• How to Enter the Havven nUSD Airdrop

  23-06-2018 17:57
  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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• Top Blockchain Venture Fund Joins Enjin Coin’s Advisory Board

  23-06-2018 17:50
  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 Blockchain Venture Fund Joins Enjin Coin’s Advisory Board appeared first on CCN
  
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• Leading Professionals in the Blockchain Industry Will Come Together at the Japan Blockchain Conference 2018

  23-06-2018 17:28
  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 Leading Professionals in the Blockchain Industry Will Come Together at the Japan Blockchain Conference 2018 appeared first on CCN
  
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• Sportsbet.io and All Football App in Landmark Partnership

  23-06-2018 17:25
  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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• EOS Block Producers Reportedly ‘Ordered’ to Freeze 27 Accounts, ‘Reasoning’ to Follow

  23-06-2018 17:25 via cointelegraph.com
  EOS Core Arbitration Forum allegedly orders the freezing of 27 accounts with the “logic and reasoning” for the order to be posted later
  
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• Cornell Professor and Nick Szabo Criticize EOS for Bugs and Centralization

  23-06-2018 17:20
  As CCN reported on May 29, the launch of the mainnet of EOS was delayed due to a critical bug found by China-based cybersecurity firm Qihoo 360. Emin Gün Sirer, a professor at the prestigious Cornell University, criticised EOS developers for not seeking assistance from consensus protocol experts. Even after the mainnet launch, Sirer and
  The post Cornell Professor and Nick Szabo Criticize EOS for Bugs and Centralization appeared first on CCN
  
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• Crypto Markets Fall Further Amidst Week of FUD From Asian Sector

  23-06-2018 16:20 via cointelegraph.com
  Crypto market slumps further despite positive news of an end to the Mt. Gox Bitcoin sell offs
  
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• Prominent VC: Investors Remain Committed to Cryptocurrency Despite Bear Cycle

  23-06-2018 16:09
  Barry Silbert, the founder and CEO of Digital Currency Group (DCG), the largest venture capital firm focused on the cryptocurrency market, has said that investors are still committed to the cryptocurrency market and are showing interest despite the cryptocurrency bear cycle. Over the past few years, DCG has evolved into the largest and most influential
  The post Prominent VC: Investors Remain Committed to Cryptocurrency Despite Bear Cycle appeared first on CCN
  
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• EOS Decentralization Questioned Again as Block Producers Freeze 27 Accounts

  23-06-2018 15:07
  After just one week of the EOS mainnet going live, the community is questioning its decentralized nature. Early last week, the network’s 21 block producers who verify transactions and validate blocks froze seven EOS accounts allegedly belonging to thieves who had stolen funds by scamming users through phishing scams or other attacks. Thought the first
  The post EOS Decentralization Questioned Again as Block Producers Freeze 27 Accounts appeared first on CCN
  
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• Entrepreneur Uses $67 Million Life Savings to Acquire a Cryptocurrency Exchange

  23-06-2018 14:30 via newsbtc.com
  Earlier this month, it was revealed that Eric Cheng, a Singaporean entrepreneur, spent all of his life savings and sold his properties including two Rolls Royces, Lamborghini, Ferrari, and a Porsche to acquire a 100 percent stake in a Japanese cryptocurrency exchange called BitTrade.
  Why Cheng was Willing to Take the Risk
  Less than a week ago, Bithumb, South Korea’s largest cryptocurrency exchange, suffered a security breach, losing more than $30 million in customer funds stored in digital
  
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• Crypto Non-Profits Are Flawed – Zcash Thinks It Can Change That

  23-06-2018 14:20
  Ahead of the Zcash Foundation's first big gathering, crypto aficionados are watching to see if the non-profit can redeem a maligned governance model.
  
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• Swiss National Bank Board Director: Central Banks’ Interest in Issuing Crypto Has Waned

  23-06-2018 14:10 via cointelegraph.com
  According to a board member at the Swiss National Bank, enthusiasm has waned for issuing a state-backed digital currency
  
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• Crypto Trading 101: A Beginner's Guide to Candlesticks

  23-06-2018 13:45
  If you have ever been confused by patterns flashing on crypto charts, this crash course on candlesticks will help clear a few things up.
  
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• Ukrainian Men Arrested Over The Operation Of Cryptocurrency Scams

  23-06-2018 13:30 via newsbtc.com
  The regulatory crackdown on fraudulent and malicious cryptocurrency operations has continued, with more reports showing scams falling to the might of regulators. The BleepingComputer reported that Ukrainian men had been arrested on suspicions of the operation of fraudulent cryptocurrency exchanges.Four Men, Over Six Fake Cryptocurrency Exchanges
  According to the aforementioned article from a popular technology news source, BleepingComputer, the four suspected criminals, all under 26 years old, w
  
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• $13 Billion Wiped Out as Cryptocurrency Market Takes Another Beating

  23-06-2018 12:28
  On June 23, the cryptocurrency market demonstrated another minor short-term correction, as $13 billion were wiped out of major digital assets such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, and EOS. EOS recorded the largest loss against the US dollar amongst major cryptocurrencies, dropping by more than 11 percent overnight. Bitcoin, Ethereum, and Ripple recorded a
  The post $13 Billion Wiped Out as Cryptocurrency Market Takes Another Beating appeared first on CCN
  
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• NDAX, Canada’s Newest and Most Advanced Digital Currency Exchange, Announces Soft Launch with Zero Deposit Fees

  23-06-2018 12:11
  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 NDAX, Canada’s Newest and Most Advanced Digital Currency Exchange, Announces Soft Launch with Zero Deposit Fees appeared fi
  
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• CNBC Holds “Funeral” For Bitcoin, Brian Kelly Says Bitcoin is Still Not Dead

  23-06-2018 11:58 via newsbtc.com
  CNBC is back again, with more cryptocurrency antics on the ‘Fast Money’ segment. However this time, Fast Money host, Melissa Lee, took jabs at the cryptocurrency market, holding a ‘funeral’ for Bitcoin.  
  Fast Money Holds “Funeral” For Bitcoin,
  As Bitcoin approached $6,000, the aforementioned Fast Money host questioned if she should still cover Bitcoin and other cryptocurrencies? Deciding that the answer was no, Mellisa decided to head a little segment co
  
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• Do Banks Even Want to Go Blockchain?

  23-06-2018 10:45 via cointelegraph.com
  Here’s why some banks are not really happy about moving to blockchain
  
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• Charles Hoskinson: Blockchain and Cardano will Outlive Media FUDs: Cardano (ADA) Technical Analysis (June 23, 2018)

  23-06-2018 10:27 via newsbtc.com
  To quantify, ADA is down eight percent and this means sellers have since reversed all of April gains. At current prices, bears are one cent away from 12 cents, a key support line marking the last three months support.
  From the News
  It’s no doubt that blockchain is here to stay and it’s because of this sole reason that many think platforms using blockchain advantages will follow suit and be here through time immemorial. Some proponents like Charles Hoskinson, whom we all know as the o
  
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• Charles Hoskinson: Blockchain and Cardano will Outlive Media FUDs: Cardano (ADA) Technical Analysis

  23-06-2018 10:27 via newsbtc.com
  To quantify, ADA is down eight percent and this means sellers have since reversed all of April gains. At current prices, bears are one cent away from 12 cents, a key support line marking the last three months support.
  From the News
  It’s no doubt that blockchain is here to stay and it’s because of this sole reason that many think platforms using blockchain advantages will follow suit and be here through time immemorial. Some proponents like Charles Hoskinson, whom we all know as the o
  
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• Nick Szabo Says Bitcoin Price Will Decline More, EOS, Tron, IOTA Technical Analysis

  23-06-2018 09:22 via newsbtc.com
  Nick Szabo, who many believe to be Satoshi Nakamoto believe the combination of BTC future uncertainty, political opposition and a host of other crypto competitors precipitates recent volatility. However, as it is he thinks BTC prices would decline until we see stable growth. So, the underlying word here is decline and that’s why we should be selling EOS, Litecoin, Stellar, Tron and IOTA until the effects of USDT wane out.Volatility in Bitcoin from temporary uncertainty about its future (vs
  
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• Nick Szabo Says Bitcoin Price Will Decline More, EOS, Litecoin, Tron, IOTA Technical Analysis

  23-06-2018 09:22 via newsbtc.com
  Nick Szabo, who many believe to be Satoshi Nakamoto believe the combination of BTC future uncertainty, political opposition and a host of other crypto competitors precipitates recent volatility. However, as it is he thinks BTC prices would decline until we see stable growth. So, the underlying word here is decline and that’s why we should be selling EOS, Litecoin, Stellar, Tron and IOTA until the effects of USDT wane out.Volatility in Bitcoin from temporary uncertainty about its future (vs
  
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• Cryptos Hit Six Month Low as Bears Pummel the Markets

  23-06-2018 07:53 via newsbtc.com
  FOMO Moments
  Markets are crashing, altcoins getting hit hardest are EOS, Iota, Ethereum Classic, and Ontology
  The selling pressure has gained momentum over the past 24 hours and markets have slid to their lowest levels this year. Total market capitalization has dropped to just over $250 billion which marks the third big dip of 2018. Bitcoin has been hammered losing 7.8% on the day falling back to $6,150 marking its lowest level this year and a price range not seen since October 2017.
  Ethereum ha
  
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• Bank of England to Rebuild Settlement System to Interface with Blockchain Platforms

  23-06-2018 05:11 via cointelegraph.com
  The Bank of England will rebuild its Real Time Gross Settlement system to interface with platforms using distributed ledger technology
  
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• Analyst Predicts Bitcoin Price Rebound Above $10,000 by 2019

  23-06-2018 04:00 via cointelegraph.com
  Market analyst predicts Bitcoin to drop to $4,000 prior to a rebound above $10,000 by 2019
  
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 22

  23-06-2018 03:15 via cointelegraph.com
  What are the buying opportunities? See in our latest price analysis
  
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• Cambodia Issues Warning Against Unlicensed Cryptocurrency Trading

  23-06-2018 03:09
  Authorities in Cambodia have formally warned domestic investors that they risk incurring penalties for buying, selling, or trading cryptocurrencies without getting a license first. “Any person or legal entity that propagates to mobilize funds, buys, sells, trades or settles Crypto Currencies without obtaining license from competent authorities shall be penalized in accordance with applicable laws,”
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• Bahamas Central Bank to Launch Pilot Digital Currency

  23-06-2018 02:39 via cointelegraph.com
  The Bahamas’ central bank has announced plans of introduction of a national digital currency, as well as develop blockchain-based projects
  
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• US Lawmaker Calls For ‘Light Touch’ on ICO Regulation

  23-06-2018 02:13
  US Rep. Warren Davidson (R-OH) said a “light touch” regulatory framework is needed for the initial coin offering (ICO) market during a CNBC  “Squawk Box.” interview. Davidson is a member of the House Financial Services Committee of the House of Representatives. “We want to make sure that the United States’ capital markets stay strong and
  The post US Lawmaker Calls For ‘Light Touch’ on ICO Regulation appeared first on CCN
  
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• Walmart Awarded Patent for Blockchain-Based Medical Records System

  23-06-2018 01:52 via cointelegraph.com
  Retail corporation Walmart has been awarded a patent for a healthcare information system, which will store medical data on a blockchain from a wearable device
  
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• Bitcoin Drops to Within 2018 Low Close to $6,000

  23-06-2018 01:37 via newsbtc.com
  Bitcoin fell to within touching distance of the $6,000 mark on Friday, a figure not seen since February, following improvement orders from Japan’s Financial Services Agency (FSA) to six of the country’s crypto exchanges.
  Bitcoin Continues to Fall
  The number one digital currency is seeing its value being chipped away as the integrity of the market continues to be undermined.
  Yesterday, it was reported that Tokyo-based cryptocurrency exchange and five others had been handed business im
  
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• Bank of England to Open Settlement System to Private Firms, Distributed Ledgers

  23-06-2018 01:17
  The Bank of England remains bearish on bitcoin, but the central bank has announced plans to overhaul its settlement system to allow private payment systems, including those based on blockchains and other types of distributed ledgers, to interface with the platform. Bank of England Governor Mark Carney announced the plans in a speech delivered on
  The post Bank of England to Open Settlement System to Private Firms, Distributed Ledgers appeared first on CCN
  
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• Crypto-Related Crimes to Exceed All Other Cyberattacks in 2018, Says Israeli Expert

  23-06-2018 01:10 via cointelegraph.com
  An Israeli cybersecurity expert says crypto-related crimes will exceed the number of all other cyberattacks this year
  
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• Chief Strategy Officer of Bitfinex Crypto Exchange Steps Down

  23-06-2018 00:22 via cointelegraph.com
  The Chief Strategy Officer of major cryptocurrency exchange Bitfinex has stepped down, he will be replaced in the interim by the company’s CEO
  
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• EOS' Blockchain Arbitrator Orders Freeze of 27 Accounts

  23-06-2018 00:15
  For the second time in EOS' infancy, transactions are being censored. For some, it's a way to stop scammers. For others, it's centralized overreach.
  
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• Congress Should Take Action Against Privacy Coins: Secret Service Official

  23-06-2018 00:15
  A top official in the US Secret Service has asked Congress to take action against privacy-centric cryptocurrencies like zcash and monero, which include features designed to help users make anonymous transactions. In prepared testimony given on Wednesday before the House of Representatives Committee on Financial Services Subcommittee on Terrorism and Illicit Finance, Robert Novy —
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