Cryptocurrency news

• $7K Back in Play? Price Indicators Shift In Bitcoin Rally's Favor

  09-07-2018 23:39
  It's been a standoff between the bitcoin bulls and bears over the past few days, but the bulls might getting ready to take charge.
  
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• Cryptocurrency Platform Monaco Purchases the Domain Name Crypto.com

  09-07-2018 23:35 via newsbtc.com
  The highly sought after domain name Crypto.com — of which for years the owner refused to sell — has been purchased by cryptocurrency wallet provider Monaco. In turn, Monaco has rebranded itself as “Crypto.com.”
  Monaco Becomes Crypto.com
  According to insider Niko Younts — owner of over 1,000 crypto-related domain names — the cost of the domain could be between $5 to $10 million. Younts, who spoke with The Verge, noted that the term “crypto&rdquo
  
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• Germany’s SolarisBank Launches Dedicated Service For Crypto Banking Needs

  09-07-2018 23:31
  The new service allows crypto and blockchain-related operators to create their own retail banking experience.
  
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• Venezuelan Crypto Enthusiast Buys 102 Kilos of Food from NANO Donations amid Hyperinflation

  09-07-2018 23:11
  A Venezuelan crypto enthusiast has recently bought over 100 kg of food for his family and community thanks to the cryptocurrency community, after he received dozens of NANO donations from Reddit users. According to a thread started little over a week ago, Reddit user Windows7733 revealed a 0.5 NANO (~$1.32) donation he received was nearly … Continued
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• Bank of Korea: Financial Institutions’ Exposure to Crypto Risks Is ‘Insignificant’

  09-07-2018 22:35 via newsbtc.com
  An official report released by the Bank of Korea (BOK) revealed that the outstanding balance of virtual accounts in local banks reached 2 trillion won (US$1.79 billion) as of December 2017. The amount, equivalent to about eight percent of total deposits operated by brokerage houses in South Korea, poses an insignificant risk, according to the central bank.
  Bank of Korea Reveals Outstanding Balance of Digital Currency Accounts Worth 2 Trillion Won
  South Korea has one of the largest cryptocur
  
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• Token Platform Bancor Goes Offline Following 'Security Breach'

  09-07-2018 21:50
  Bancor is said to have suffered "a security breach" this morning.
  
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• $13.5 Million in Crypto Stolen From Token Platform Bancor

  09-07-2018 21:50
  Bancor is said to have suffered "a security breach" this morning.
  
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• Major Futures Exchange CBOE Files For Bitcoin ETF, Increasing Probability of Approval

  09-07-2018 21:47
  Cboe, the world’s largest futures exchange, has filed for a bitcoin ETF with the US Securities and Exchange Commission (SEC), to enable investors in the public market to trade bitcoin. Bitcoin-Only ETF The official document filed by CBOE with the SEC emphasized that the Trust, referring to Cboe, will only invest in bitcoin on behalf
  The post Major Futures Exchange CBOE Files For Bitcoin ETF, Increasing Probability of Approval appeared first on CCN
  
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• $42 Million In Crypto Is Now Being Airdropped to NEO Investors

  09-07-2018 21:20
  The second half of the Neo Council's airdrop of ONT tokens is finishing up. Now NEP-5 ONT holders need to migrate to Ontology's mainnet.
  
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• Taiwanese Fintech Startup Announces Launch of Fiat-Pegged Digital Token

  09-07-2018 21:15 via newsbtc.com
  A Taiwanese fintech startup has announced plans to introduce a digital token that is pegged to the value of the New Taiwan Dollar (NTD). Green World Fintech Services will be building their new currency on the Ethereum network.
  Green World Patents Tokenisation Process to Protect TWDT from Fraud and Money Laundering
  The new NTD-backed currency will be called the Taiwan Digital Token (TWDT). According to reports cited by Taiwan News, the value of the token will use the NTD market to calculate its p
  
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• China: 20 Arrested in Cryptojacking Case Allegedly Affecting Over 1 Million Computers

  09-07-2018 21:01 via cointelegraph.com
  China: 20 suspects have been arrested in a major cryptojacking case allegedly affecting over 1 million computers and generating $2.2 million in illicit profits
  
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• Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, NEO: Price Analysis, July 09

  09-07-2018 20:40 via cointelegraph.com
  Even despite pressure from China and India - which comprise 35 percent of the global population - cryptocurrencies are bouncing off their lows. Which coins are confirming a bottom? Let’s check the charts
  
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• The Pirate Bay Is Using Visitors’ Computers to Mine Monero Again

  09-07-2018 20:39
  The notorious torrent index site The Pirate Bay has resumed using users’ CPU to mine Monero (XMR) on their website. On July 4th, The Pirate Bay added a disclaimer at the bottom of their website which stated: “By entering TPB you agree to XMR being mined using your CPU. If you don’t agree please leave
  The post The Pirate Bay Is Using Visitors’ Computers to Mine Monero Again appeared first on CCN
  
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• Regtech Firm IdentityMind Shares Insights and Predictions on Cryptocurrency Market, ICOs

  09-07-2018 20:35 via feedproxy.google.com
  
  IdentityMind, a Californian regtech company that serves cryptocurrency exchanges among other clients, believes that these platforms will witness explosive growth in the coming months, the company said on Tuesday. According to Neal Reiter, director of the ICO and virtual currency business unit of IdentityMind, there’s tremendous growth in cryptocurrency exchanges but most people just aren’t […]
  The post Regtech Firm IdentityMind Shares Insights and Predictions on Cryptocurrency
  
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• Walmart’s Latest Patent Unveils Blockchain-Based Delivery Management System

  09-07-2018 20:26 via cointelegraph.com
  Walmart’s latest blockchain-related patent application outlines a delivery system that keeps items safe until their purchasers are able to collect them
  
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• Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report

  09-07-2018 20:20 via cointelegraph.com
  Report: China’s central bank says the yuan now accounts for less than 1% of global Bitcoin trades, down from over 90% prior to the country’s crypto
  
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• Study Says Bitcoin Will Replace Traditional Currency Within Ten Years

  09-07-2018 20:15 via newsbtc.com
  Cryptocurrencies like Bitcoin are the “next natural step” for the global economy, according to academics from the Imperial College London in a study commissioned by cryptocurrency exchange eToro.
  Store of Value, Medium of Exchange, and Unit of Account
  The study, as outlined by the Independent, presents research from Professor William Knottenbelt and Dr. Zeynep Gurguc. The two claim that digital currencies like Bitcoin and Ethereum have already passed one of the three fundam
  
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• AXEL Creates a New Private Peer-To-Peer Ecosystem for Consumers and Digital Content Creators

  09-07-2018 19:51
  This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. While the Internet has brought a wealth of benefits, consumers going online for shopping and other activities have increasingly found their privacy compromised by major corporations that are hungry
  The post AXEL Creates a New Private Peer-To-Peer Ecosystem for Consumers and Digital Content Creators appeared first on CCN
  
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• South Korea’s Central Bank Downplays Crypto Investment Risk for Domestic Banks

  09-07-2018 19:44
  A new report by the Bank of Korea has poured cold water on the perception of cryptocurrencies as a significant share of the deposits held by South Korean banks. The report, which was released on Friday July 6 placed the December 2017 total outstanding balance of crypto assets in South Korean banks at 2 trillion … Continued
  The post South Korea’s Central Bank Downplays Crypto Investment Risk for Domestic Banks appeared first on CCN
  
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• YouTube Accused of Negligence in BitConnect Fraud Lawsuit

  09-07-2018 19:35
  The drama around the shutdown of the controversial BitConnect's lending and exchange platform continues.
  
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• Blockchain Expert Niсk Evdokimov to Release Video Series on ICO Investments

  09-07-2018 19:35
  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 Blockchain Expert Niсk Evdokimov to Release Video Series on ICO Investments appeared first on CCN
  
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• Executive Poaches, Institutional Face Offs and a Custody Launch: Last Week in Crypto

  09-07-2018 19:33
  Make sure you check out the previous edition here, now let’s go over what happened in crypto last week. In addition to our normal weekly crypto update, we’ve gone ahead and launched a new podcast The Bitcoin Podcast by CCN. Check it out on iTunes and be sure to rate and subscribe! Price Watch: Bitcoin rose nearly 7% during
  The post Executive Poaches, Institutional Face Offs and a Custody Launch: Last Week in Crypto appeared first on CCN
  
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• ZeroBank – The Most Feasible ICO Project in the Remittance and Money Exchange Industry

  09-07-2018 19:31
  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. Market problems Nowadays, along with the spread of globalization, the exchange between nations on trade, investment, education, tourism, etc. are blossoming. According to IMF, in 2017, the size
  The post ZeroBank – The Most Feasible ICO Project in the Remittance and Money Exchange Industry appeared first on CCN
  
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• The Impossible Task of Fixing Bitcoin: Highspeed Transactions and Elegant Solutions with Devvio

  09-07-2018 19:21
  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
  The post The Impossible Task of Fixing Bitcoin: Highspeed Transactions and Elegant Solutions with Devvio appeared first on CCN
  
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• Distributed Cloud Computing on Trusted Hardware

  09-07-2018 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 Distributed Cloud Computing on Trusted Hardware appeared first on CCN
  
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• DNotes Global Inc Announces Proof of Concept for DNotes Pay Automated Online Payment System

  09-07-2018 19:10
  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 DNotes Global Inc Announces Proof of Concept for DNotes Pay Automated Online Payment System appeared first on CCN
  
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• Public Blockchain Project and Distributed Trust Collaboration Platform Athena Will Launch a ‘Super App’ AnaGo Soon

  09-07-2018 19:01
  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
  The post Public Blockchain Project and Distributed Trust Collaboration Platform Athena Will Launch a ‘Super App’ AnaGo Soon ap
  
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• Delphy Wins Best Prediction Markets Platform of the Year Award in China

  09-07-2018 18:51
  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 Delphy Wins Best Prediction Markets Platform of the Year Award in China appeared first on CCN
  
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• Decentralized Crypto Exchange Bancor Reports ‘Security Breach,’ Remains Down for ‘Maintenance’

  09-07-2018 18:45 via cointelegraph.com
  Decentralized cryptocurrency exchange Bancor reports “security breach,” receives help in freezing funds from fellow crypto service Changelly
  
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• Bitcoin Could go Mainstream Within 10 Years: Imperial College Research

  09-07-2018 18:41
  When will cryptocurrencies gain widespread adoption? According to a study conducted by researchers at the Imperial College London, cryptocurrencies possess the potential of becoming a widely used form of payment within the coming decade. In their research report titled “Cryptocurrencies: Overcoming Barriers to Trust and Adoption” Imperial College London’s Professor William Knottenbelt and Imperial College
  The post Bitcoin Could go Mainstream Within 10 Years: Imperial College Re
  
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• Leading Payments Solution Provider UTRUST Announces Implementation with Global Blockchain DigiByte

  09-07-2018 18:39
  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 Payments Solution Provider UTRUST Announces Implementation with Global Blockchain DigiByte appeared first on CCN
  
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• Binance Taps UNIDO Goodwill Ambassador to Lead Charity Effort

  09-07-2018 18:30
  Binance announced today that it has appointed Helen Hai as the new head of its charity foundation.
  
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• Billionaire Google Co-Founder Sergey Brin is an Ethereum Miner

  09-07-2018 17:26
  Sergey Brin, President of Google’s parent company Alphabet Inc., appeared on the panel on emerging technologies at the ongoing Blockchain Summit in Morroco. At his last-minute surprise appearance at the summit, Brin revealed that he is mining Ethereum with his 10-year old son. He also stated that the concept of zero-knowledge proofs is “really mind-boggling”.
  The post Billionaire Google Co-Founder Sergey Brin is an Ethereum Miner appeared first on CCN
  
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• UK Watchdog Welcomes First Crypto Startups to Regulatory Sandbox

  09-07-2018 17:15
  The U.K.'s financial regulator is allowing startups focused on blockchain and crypto assets into its regulatory sandbox for the first time.
  
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• VeChainThor Mobile Wallet Released Ahead of Mid-July Token Swap

  09-07-2018 17:00 via newsbtc.com
  The VeChainThor wallet has been released on July 9 and the X Node Binding Service is now available. When this service ends around mid-July, the token swap will begin for VeChain owners.
  “Chock Full of Features”
  The VeChainThor wallet has been released on the Apple App Store and the Google Play App Store. This will enable users to start receiving Thor Power (VTHO) tokens for holding their VeChain Tokens (VET) once the migration timeline has finished. The system works similarly to NEO
  
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• 20 Crypto-Jackers Arrested in China

  09-07-2018 16:53
  The malware infected around one million computers and mined more than $2 million.
  
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• Bitcoin Still in a Good Position After 70% Fall: Binance CEO Changpeng Zhao

  09-07-2018 16:42
  Changpeng Zhao (CZ), the founder and CEO at the world’s biggest crypto exchange Binance, has said that bitcoin is still in a positive position after its 70 percent fall since early 2018, especially considering its strong rally throughout 2017. Crypto Market is Better in Every Way From January to December of 2017, the price of
  The post Bitcoin Still in a Good Position After 70% Fall: Binance CEO Changpeng Zhao appeared first on CCN
  
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• Platform for Enterprise Blockchain Adoption Nets $45 Mln From A16ZCrypto, Binance

  09-07-2018 16:25 via cointelegraph.com
  California-based blockchain-adoption startup Oasis Labs completes major funding round from Binance, Pantera Capital and others
  
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• Metals Exchange Forms Blockchain Group to Modernize Minerals Industry

  09-07-2018 16:15
  A Switzerland-based trading platform for metal concentrates is forming a blockchain consortium to streamline mineral industry supply chains.
  
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• How Bitcoin Giant Bitmain Became the Biggest Crypto Company Ever

  09-07-2018 15:42
  Bitmain, the biggest bitcoin mining equipment manufacturer, has closed its Series B funding round to secure a valuation of over $12 billion, officially becoming the largest conglomerate in the history of bitcoin and crypto. A Conglomerate Coinbase, Binance, and Ripple Labs are some of the multi-billion dollar corporations in the global cryptocurrency industry that have
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• IOTA Ready to be Tested in EU Funded Smart City Project

  09-07-2018 15:30 via newsbtc.com
  +CityxChange is set to put the IOTA (MIOTA) Tangle technology to the test again in a multi-point, smart city project that has just received the green light and funding from the European Union.
  Greenlit and Funded
  Following the successful partnership with Taipei to create the first ever blockchain based smart city project, IOTA with +CityxChange will take on this much more expansive challenge over the next five years. Working with the cities of Trondheim, Limerick, Alba Iulia,
  
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• Blockchain Platform for Creating Large Consumer Applications Aims at Exchange

  09-07-2018 15:29 via newsbtc.com
  New blockchain project Constellation Labs for “consumer grade” applications development announced the listing of its DAG token on KuCoin exchange, following the recent launch of their developer community Orion. Orion has an award system for participants and will be used for the testnet at the beginning of August.
  The main feature of Constellation is that its network is proportional to user adoption. That is to say, its throughput is about 4000 to 4800 transactions per second (tps) wi
  
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• NEM Moves into Philippine Taxis Via Partnership

  09-07-2018 15:05
  Meanwhile, the country is planning to issue 25 cryptocurrency exchange licences.
  
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• ‘First Universal Wallet’ Supports EOS Mainnet and Offers Free Account Name Registration

  09-07-2018 15:05 via cointelegraph.com
  The “world’s first” multi-asset, universal wallet has begun supporting the EOS mainnet that will address weaknesses seen in other blockchain-based systems —such as scalability and transaction speeds. The company is offering free registration of EOS account names #SPONSORED
  
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• Block.One Is Taking a Bigger Role With EOS (And That's a Big Deal)

  09-07-2018 15:00
  When the company that created EOS starts voting for validators, there will be little chance of winning a spot without earning its support.
  
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• Bitcoin Hashrate Growth Continues At Astonishing Pace

  09-07-2018 14:38 via feedproxy.google.com
  
  The hashrate securing the Bitcoin network continues to soar, surging to over 40 EH/s in June 2018 despite several months of downward pressure on Bitcoin prices. Current hashrate is now well over double the 2017 peak of around 13 EH/s, or to frame it differently, hashrate has increased by over 100% across four months. Such […]
  The post Bitcoin Hashrate Growth Continues At Astonishing Pace appeared first on Coinjournal.
  
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• Bitcoin Price Remains Above $6,700 as Crypto Market Stabilizes; Another Fall Inevitable?

  09-07-2018 14:32
  The bitcoin price has remained above the $6,700 mark over the past 24 hours, as major digital assets like ether, Ripple (XRP), and Bitcoin Cash (BCH) demonstrated stability. Is Another Fall to Low $6,000 Inevitable? Previous reports of CCN noted that bitcoin and the rest of the cryptocurrency market will likely experience a movement to
  The post Bitcoin Price Remains Above $6,700 as Crypto Market Stabilizes; Another Fall Inevitable? appeared first on CCN
  
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• Tokenizing Trading Fees With Mining Mechanism – Is It Good or Bad for Exchange Platform Users?

  09-07-2018 14:04 via newsbtc.com
  ABCC is another exchange trying to reward users with AT and ToM. Today we are going to discover how bitcoin-like mechanism and a principle of fixed number of tokens generated via half-life cycle with Simultaneous Release differentiate the new approach from others
  While some want to lower the exchange fee, the others reward traders. Recently a new method was adopted by the ABCC trading platform. They are using ToM mechanism to provide users with bonuses. AT (ABCC Token) Mining rules have been dis
  
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• World's Largest Bank Eyes Faster Asset Exchange With Blockchain

  09-07-2018 14:00
  ICBC, one of China's "Big Four" state-owned commercial banks, is seeking to patent a blockchain system to better execute financial asset transactions.
  
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• Google Co-founder Sergey Brin Reveals he is Mining Ethereum

  09-07-2018 14:00 via newsbtc.com
  Co-founder of Google and President of Alphabet, Sergey Brin, revealed he is mining Ethereum with his son at a summit hosted by Sir Richard Branson on July 8. The panel also spoke on the potential of zero-knowledge proofs which underlie the privacy option of Zcash.
  Blockchain is a “Tremendous Opportunity”
  Sergey Brin, who has an estimated net worth of $52 billion, is mining Ethereum with his son according to Michael del Castillo who was reporting from the 2018 Blockchain Summit hosted
  
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