Cryptocurrency news

• Report Says Tether Is Fully Backed By Dollars In Reserves, Questions Still Linger

  26-06-2018 23:20 via crypto-news.net
  Tether has released a report that proves that its claim that every USDT token is backed by a dollar in reserves is genuine. In its transparency report, the company revealed that an audit had been carried out by a renowned Washington-based law firm and that it had proven that the company had an approximately equal amount of dollars in its two bank accounts to back the USDT tokens in circulation. The report also reiterated Tether’s, and its sister company Bitfinex’s commitment and stri
  
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• Bitcoin Unicorn Circle Records a 30% Spike in New Institutional Clients in May

  26-06-2018 23:15
  Much like your eccentric uncle swears to have seen Bigfoot, the Loch Ness Monster, or — for the West Virginia readers among us — Mothman, many industry professionals have claimed for months to have seen evidence that institutional investors are preparing to enter the cryptocurrency markets in a major way. This event, the oracles foretold,
  The post Bitcoin Unicorn Circle Records a 30% Spike in New Institutional Clients in May appeared first on CCN
  
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• Facebook Relaxes Rules on Cryptocurrency Ads, Upholds Ban on ICOs

  26-06-2018 23:13
  The move allows start-ups to use advertising to promote its crypto offerings, but only after they apply to assess eligibility.
  
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• Facebook Has a Change of Heart, Reverses Ban on Most Crypto-Related Offerings

  26-06-2018 23:00 via newsbtc.com
  Facebook has reversed its ban on cryptocurrency ads and will now permit pre-approved advertisers to promote crypto-related services on the social networking platform.Facebook Reverses Ad Ban
  Facebook will permit crypto-related businesses like exchanges to advertise, but will still prevent the associated (and somewhat controversial) crowdfunding method of initial coin offerings (ICOs) from being promoted.The Menlo Park-based social networking giant banned all crypto-related ads on the platform in
  
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• Winners Announced for EU-Led Anti-Counterfeiting Blockchain Hackathon

  26-06-2018 22:54 via feedproxy.google.com
  
  The winners of the inaugural EU Blockathon 2018 competition, which took place between June 22 and 25, were announced at a ceremony in Brussels on Monday. Organized by the European Union Intellectual Property Office (EUIPO) and the European Commission (EU), the EU Blockathon 2018 sought to build the next level anti-counterfeiting infrastructure for the European […]
  The post Winners Announced for EU-Led Anti-Counterfeiting Blockchain Hackathon appeared first on Coinjournal.
  
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• Daniel Diemers From PwC Strategy& Switzerland: Adoption of New Technologies Requires More Education

  26-06-2018 22:43 via cointelegraph.com
  What blockchain can do for the financial sector and whether Swiss crypto-francs are a good idea, interview with PwC’s Strategy&’s Daniel Diemers
  
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• Blockchain Music Streaming Service To Increase the Amount Musicians Earn for Their Work

  26-06-2018 22:16 via cointelegraph.com
  A new platform powered by blockchain promises to pay artists 80 percent of streaming revenue from their tracks #SPONSORED
  
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• US Senators Discuss Crypto Threat to Domestic Elections

  26-06-2018 22:15
  DarkTower director Scott Dueweke said cryptocurrencies are "tailor made" for foreign powers hoping to influence American elections.
  
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• Senator: Cryptos Pose 'Host of Challenges' for Congress

  26-06-2018 22:15
  DarkTower director Scott Dueweke said cryptocurrencies are "tailor made" for foreign powers hoping to influence American elections.
  
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• Facebook Backpedals, Reverses Ban on Cryptocurrency Ads

  26-06-2018 22:00
  Facebook has announced that it is revising its blanket ban on all cryptocurrency advertisements on the social media site. The announcement highlights that this is a revision of Facebook’s cryptocurrency policy, rather than a removal of the policy altogether. For example, advertising for binary options and ICOs are still banned. About the ban policy, Facebook Bussiness
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• EU Report: State Cryptocurrencies Could Create a Stable Financial System

  26-06-2018 22:00 via newsbtc.com
  An EU report has concluded that central bank digital currencies (CBDCs) could pave the way towards a more stable financial system due to their ‘disruptive’ ability. It also recognised the opportunities for oppressed countries to use cryptocurrencies, but highlighted the risks of volatility in the crypto market.
  EU Report Analyses Risks
  In a rather accurate and in-depth report requested by the ECON committee, the EU has set out a detailed analysis of the risks and benefits of cryptocu
  
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• Bitcoin Is "Epidemic of Enthusiasm” Says Nobel Prize Winner Robert Shiller

  26-06-2018 21:56 via cointelegraph.com
  Nobel economics prize winner Robert Shiller says that Bitcoin is a “social movement,” whose popularity is not reducible to “a rational response to new information”
  
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• Swiss NGO to Accept Crypto Donations for Food, Healthcare, Education for African Children

  26-06-2018 21:33 via cointelegraph.com
  A Swiss-based NGO that provides food, healthcare, and education for African children will now be adding a donate in crypto option
  
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• Facebook Relaxes Ban, Accepts Some Crypto Ads

  26-06-2018 21:14
  Now, at least some, crypto advertisers will find that they can post crypto ads on Facebook -if they are approved through an application process.
  
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• Facebook Reverses Ban on Cryptocurrency Ads, Maintains Ban on ICOs

  26-06-2018 21:11 via cointelegraph.com
  Facebook has updated its policy to allow cryptocurrencies to once again be advertised, while upholding its ban on the promotion of ICOs and binary options
  
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• Zcash Successfully Activates Overwinter, the First ZEC Hard Fork

  26-06-2018 21:01
  Privacy-centric cryptocurrency Zcash has successfully activated Overwinter, its first hard fork. Zcash Activates Overwinter Hard Fork The network upgrade went live at block 347,500, which was mined on Tuesday, June 26, at approximately 1:37 UTC. As CCN reported, Overwinter introduces several performance enhancements to the Zcash protocol. One such upgrade is “transaction expiry,” which allows
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• US Nobel Prize Winner Says Bitcoin Is An ‘Epidemic of Enthusiasm’

  26-06-2018 21:00 via newsbtc.com
  Nine years after the start of the Bitcoin ledger, the digital asset has finally gathered widespread attention, including from Nobel economics prize winners. Robert Shiller, an American Nobel Laureate and Sterling Professor of Economics at Yale University, who has commented on cryptocurrencies on previous occasions, said Bitcoin is an ‘epidemic of enthusiasm.’
  Nobel Prize Winner Robert Shiller Says Bitcoin Is a Social Movement
  The social movement triggered by the rise of Bitcoin
  
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• Icons Wozniak, Krugman Head Star-Studded Cast to Join ChainXchange Conference

  26-06-2018 20:57
  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
  The post Icons Wozniak, Krugman Head Star-Studded Cast to Join ChainXchange Conference appeared first on CCN
  
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• Leading Professionals Are Due to Come Together at the Japan Blockchain Conference 2018

  26-06-2018 20:48
  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. The event is one of the largest Blockchain Conferences in Japan, accommodating blockchain business corporations and organisations across the world. Leading professionals will come together to influence and
  The post Leading Professionals Are Due to Come Together at the Japan Blockchain Conference 2018 appeared first on CC
  
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• ImmVRse Platform Development Set to Make VR Content Creators Millionaires

  26-06-2018 20:38
  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. Recent research carried out among 7-11 years old in the UK, has revealed that majority of the 13,000 UK primary school children involved in the survey would prefer
  The post ImmVRse Platform Development Set to Make VR Content Creators Millionaires appeared first on CCN
  
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• Bitbank, bitFlyer CEOs Part Ways with Japan’s Cryptocurrency Self-Regulator

  26-06-2018 20:25
  The association confirmed the news but has not stated any names to fill both vacancies.
  
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• Florida Is Creating Its Own Crypto Czar

  26-06-2018 20:15
  Florida's chief financial officer has created a new "crypto czar" to oversee regulation of the cryptocurrency and ICO space.
  
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• People’s Bank of China Files Patent for Digital Currency Wallet

  26-06-2018 20:10 via cointelegraph.com
  The Digital Currency Research Lab at the People’s Bank of China has filed a new patent for a digital wallet that would allow users to track their transaction histories
  
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• RBA Official Predicts Bitcoin Will Struggle in Australia

  26-06-2018 20:00 via newsbtc.com
  A senior official at the Reserve Bank of Australia (RBA) has speculated that Bitcoin is unlikely to succeed in Australia because they already have a successful currency. The official compared the volatility of cryptocurrencies to stable fiat alternatives and cast doubt on Bitcoin as a store of value.
  Bitcoin Is Too Volatile
  RBA head of payments policy, Dr Tony Richards, said that although digital currencies could have practical applications, Bitcoin is unlikely to succeed in a country that alrea
  
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• Soundeon Music Platform Signs a Strategic Partnership with V-ROX Music Festival

  26-06-2018 19:58
  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 Soundeon Music Platform Signs a Strategic Partnership with V-ROX Music Festival appeared first on CCN
  
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• InstaSupply: Ensuring B2B with Blockchain

  26-06-2018 19:42
  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 InstaSupply: Ensuring B2B with Blockchain appeared first on CCN
  
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• Korea's Exchange Hacks: What the Country's Crypto Scene Is Saying

  26-06-2018 19:35
  Koreans have been up in arms on social media ever since two popular South Korean crypto exchanges were hacked only weeks a part from each other.
  
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• Crypto Markets See More Red as Prices Slump Downwards

  26-06-2018 19:12 via cointelegraph.com
  Crypto markets are down, despite some commentators’ expectations of a Bitcoin price rise following Tether’s release of 250 million tokens yesterday
  
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• Nobel Economist Naysayer Robert Shiller Calls Bitcoin A ‘Social Movement’

  26-06-2018 18:47
  Robert Shiller, the Nobel Prize winner in economics who has called bitcoin a bubble, has observed that bitcoin is a social movement and its popularity in the U.S. varies based on geography, according to Bloomberg. He called it a non-rational response to new information. Speaking on Bloomberg TV with Guy Johnson and Tom Keene, Shiller,
  The post Nobel Economist Naysayer Robert Shiller Calls Bitcoin A ‘Social Movement’ appeared first on CCN
  
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• KaratGold Coin (KBC) Gets Enlisted on HitBTC Following One of the Biggest ICO’s Ever in History

  26-06-2018 18:24
  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 KaratGold Coin (KBC) Gets Enlisted on HitBTC Following One of the Biggest ICO’s Ever in History appeared first on CCN
  
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• Canada’s Investment Industry Organization to Issue Proposals on Blockchain, Crypto Regulations

  26-06-2018 18:07 via cointelegraph.com
  Canada’s Investment Industry Regulatory Organization has formed a working group to recommend a regulatory response to blockchain’s impact on capital markets
  
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• Pensions Blockchain Platform Akropolis Joins Cindicator Symbiotic Network

  26-06-2018 18:04
  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 Pensions Blockchain Platform Akropolis Joins Cindicator Symbiotic Network appeared first on CCN
  
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• Congress Advances Bill to Study Crypto Use in Drug, Sex Trafficking

  26-06-2018 18:00
  Lawmakers in the House of Representatives have passed a bill that would approve a study of the use of cryptocurrencies in the sex and drug trades.
  
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• Blockchain Adoption – Hive Project Signs Agreement with Gosocket to Secure Latin American Markets

  26-06-2018 17:58
  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 Blockchain Adoption – Hive Project Signs Agreement with Gosocket to Secure Latin American Markets appeared first on CCN
  
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• Korean Crypto Exchange Comically Trashes $650,000 by Leaking Users’ Private Keys

  26-06-2018 17:52
  Hani, a mainstream media outlet in South Korea, has reported on Sunday that Bitkoex, a small crypto exchange in the country, absurdly released $650,000 worth of user data in a group chat. Issues With Small Crypto Exchanges Upon the hacking attack of Coinrail, industry experts and security specialists heavily criticized the business model and roadmap
  The post Korean Crypto Exchange Comically Trashes $650,000 by Leaking Users’ Private Keys appeared first on CCN
  
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• Announcing MasterBit Coin, and the MasterBit Platform

  26-06-2018 17:47
  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 Announcing MasterBit Coin, and the MasterBit Platform appeared first on CCN
  
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• The Financialization of the Crypto Ecosystem Is Accelerating, Expert Take

  26-06-2018 17:25 via cointelegraph.com
  “The reality is that cryptos are not yet ready to take over a financial system that took decades to develop”
  
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• Hedge Fund Sell-Offs ‘Could’ Artificially Lower Bitcoin Prices, Predicts Blockchain VC

  26-06-2018 17:10 via cointelegraph.com
  Hedge funds ending their one-year lock-up period could take Bitcoin prices temporarily lower, blockchain VC Spencer Bogart predicts
  
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• Overwinter Is Here: Zcash Claims 'Successful' First Hard Fork

  26-06-2018 17:00
  Zcash has successfully activated its Overwinter hard fork, setting the privacy-focused cryptocurrency up for its major Sapling upgrade in the autumn.
  
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• A ‘Visa Cryptocurrency’ Might Only Be Worth $3 Billion: Napkin Math

  26-06-2018 16:59
  Critics of the Bitcoin community’s decision to pursue a development path that prioritizes the coin’s utility as a store of value often allege that a payments-first focus is necessary to create a “base level of demand” for a cryptocurrency. However, writing on Twitter, BitGo co-founder Ben Davenport makes the case that the payments use case
  The post A ‘Visa Cryptocurrency’ Might Only Be Worth $3 Billion: Napkin Math appeared first on CCN
  
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• The All-Star of Blockchain Events: Byzantium Presents Top10. Point of Trust

  26-06-2018 16:53
  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 All-Star of Blockchain Events: Byzantium Presents Top10. Point of Trust appeared first on CCN
  
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• Robinhood Job Ad Sparks Rumors It Will Launch Cryptocurrency Wallet

  26-06-2018 16:49 via cointelegraph.com
  Robinhood may develop its own cryptocurrency wallet, speculators claim after the company starts search for a crypto engineer
  
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• Company to Store Healthcare Data on Blockchain Platform for Simple and Secure Data Sharing

  26-06-2018 16:22 via cointelegraph.com
  A company aims to store patients’ data on its blockchain platform. It could help enhance healthcare data safety and simplify exchanging of clinical information #SPONSORED
  
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• 20 Percent? Japan’s Finance Minister Ponders Crypto Tax Policy Change

  26-06-2018 16:15
  Japan’s minister of finance has discussed the possibility of changing the country’s current capital gains policy which sees crypto investors face between 15 and 55 percent in taxes. Taro Aso, Japan’s minister of finance and the deputy finance minister, was in attendance at Upper House budget committee meeting on Monday when a senator posed the
  The post 20 Percent? Japan’s Finance Minister Ponders Crypto Tax Policy Change appeared first on CCN
  
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• (+) Ethereum: Why Is It Underperforming

  26-06-2018 16:14
  The post (+) Ethereum: Why Is It Underperforming appeared first on CCN
  
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• Bitcoin’s Lightning Network Capacity Problems Addressed with New Client

  26-06-2018 16:00 via newsbtc.com
  Bitcoin’s Lightning Network is considered to be a major development. Scaling the world’s leading cryptocurrency to new levels is not easy. Although significant progress has been made already, there are still some concerns to contend with. Big payments remain a problem, and it seems just a handful of node operators provide over 50% of the capacity.The Lightning Network Concerns
  It is safe to say people have high expectations for the Lightning Network. It is designed to make Bitcoin sc
  
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• Two Crypto Exchanges Introduce New Fee Models, Achieve Record Trade Volume

  26-06-2018 15:46 via cointelegraph.com
  CoinBene and Bit-Z have jumped to the top of crypto exchange rankings after adding a “transaction fee mining” model
  
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• Binance Crypto Exchange Issues Risk Warning, Keeps Trading, Withdrawals Suspended

  26-06-2018 15:18 via cointelegraph.com
  Crypto exchange Binance is keeping trading and withdrawals suspended even as their system upgrade is complete due to a risk warning
  
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• Controversial ‘Stablecoin’ Tether Is Now the 10th-Largest Cryptocurrency

  26-06-2018 15:05
  Embattled “stablecoin” tether has become the 10th-largest cryptocurrency. Tether’s eponymous token, which the company claims is backed by physical USD at a 1-to-1 ratio, has long been controversial in cryptocurrency circles, and debates over whether it presents the industry with a systemic risk have increased over the past 18 months in lockstep with USDT’s swelling
  The post Controversial ‘Stablecoin’ Tether Is Now the 10th-Largest Cryptocurrency appeared first
  
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• PBoC Filings Reveal Big Picture for Planned Digital Currency

  26-06-2018 15:00
  The continuing efforts by China's central bank to build a fully-featured digital currency product are revealed in its many patent filings.
  
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