Cryptocurrency news

• Blockchain Provider Axoni Raises US$32M From Goldman Sachs, Nacy Partners

  14-08-2018 23:15 via feedproxy.google.com
  
  Axoni, a provider of enterprise blockchain technology, has raised US$32 million in a Series B funding round led by Goldman Sachs and Nyca Partners. The round included participation from Andreessen Horowitz, Citi, Coatue Management, Digital Currency Group, F-Prime Capital, Franklin Templeton Investments, J.P. Morgan, NEX Group, Wells Fargo, and Y Combinator. It brings Axoni’s total […]
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• 90% of Cryptocurrency Market Facing ‘Extinction-Level Event’: Xapo President

  14-08-2018 23:03
  A reckoning coming to the cryptocurrency markets, an “extinction-level event” that’s poised to wipe out 90 percent of the more than 1,800 coins and tokens that aren’t named bitcoin. That’s the prognostication of Xapo President Ted Rogers, anyway, who said that the impending altcoin bloodbath will provide discerning investors with an incredible opportunity to load … Continued
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• Playboy Files Fraud Lawsuit Against Blockchain Startup

  14-08-2018 22:30
  Playboy is suing Canadian blockchain company Global Blockchain Technologies (GBT) for fraud and breach of contract.
  
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• Bitcoin Price Intraday Analysis: BTCUSD Falls to Lowest since June

  14-08-2018 21:47
  Bitcoin continues to extend its downward momentum on Tuesday, lately falling to its lowest trading since June this year. The BTC/USD today opened at 6250-fiat and started recording losses thereafter – during the early Asian trading session. The pair formed a bear pole in pursuance of a breakout towards the south, as we had predicted
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• The Code for an Anonymous Lightning Network is Now Live

  14-08-2018 21:30
  A private version of the crypto protocol lightning network is headed to zcash, with the potential it could be added for other blockchains soon.
  
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• Maduro Mandates Venezuela’s Petro to Become Second National Currency

  14-08-2018 21:30 via newsbtc.com
  Facing hyperinflation as well as international sanctions that have brought Venezuela to its knees, controversial President Nicolás Maduro has mandated that his recently-developed Petro cryptocurrency become the nation’s second official currency.
  Maduro Adopts the Petro as Venezuela’s Second National Currency
  The news was announced by Maduro in a televised address today, and will officially be in place by August 20, when the “sovereign Bolivar&rdq
  
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• Did ICOs Cause Ethereum to Drop by 44% in 2 Weeks by Dumping on the Market?

  14-08-2018 20:41
  Within a period of two weeks, from August 1 to August 14, the price of Ether, the native cryptocurrency of the Ethereum network, dropped by 44 percent. In 14 days, the price of Ethereum plummeted from $470 to $260, reaching its lowest point in 2018 by falling below the $300 mark for the first time … Continued
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• Judge Denies Effort to Move XRP Investor Lawsuit to Lower Court

  14-08-2018 20:00
  A district judge has slapped down an investor's effort to move a lawsuit against payments firm Ripple to a lower court.
  
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• Download BANKEX Pay App for Free to Store, Send and Receive ERC-20 and ERC-223 Tokens

  14-08-2018 20:00
  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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• Bitcoin ETF Approval Expected in 2019, Will CBOE be Approved First?

  14-08-2018 20:00 via newsbtc.com
  It is clear that the U.S. Securities Exchange Commission (SEC) is conflicted as to whether or not they should approve or deny the variety of Bitcoin ETFs in the running for approval. Many investors are looking towards the CBOE VanEck/SolidX Bitcoin ETF as the most likely ETF to gain SEC approval due to a variety of factors.
  Regardless of the likelihood of approval, some people familiar with the topic feel that investors should not anticipate a decision by the set date of September 30th and shoul
  
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• MECA Casino: Bringing Transparency to the Gaming Industry

  14-08-2018 19:38
  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. The gaming industry first took flight several decades ago, with casinos being established at numerous tourist locations around the world. More recently though, with the advent of the internet,
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• ‘Bitcoin is Stupid’ Author Gets a Lesson in the Value of Being Your Own Bank

  14-08-2018 19:29
  As anyone who has ever attempted to explain bitcoin to their parents can understand, one of the most challenging parts of convincing them of the utility of this technology is making the case that a person should be his or her own bank. Occasionally, though, an object lesson bites you in the, err, mustache. The
  The post ‘Bitcoin is Stupid’ Author Gets a Lesson in the Value of Being Your Own Bank appeared first on CCN
  
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• St. Petersburg Is Ready to Host the Second International Forum – Blockchain Life 2018 -On November 7-8

  14-08-2018 19:14
  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 St. Petersburg Is Ready to Host the Second International Forum – Blockchain Life 2018 -On November 7-8 appeared first on CC
  
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• Pot Publication High Times Now Says It Won't Accept Bitcoin in IPO

  14-08-2018 19:00
  High Times, which announced last week that it would accept bitcoin and ether for its coming IPO, said in an SEC filing Monday that this was an "error."
  
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• Despite its 70% Price Drop, Bitcoin Surpassed Gold in Settlement Volume

  14-08-2018 18:10
  Nic Carter, a well respected cryptocurrency researcher, has said that Bitcoin has surpassed the OTC gold market in settlement volumes, even amidst a 70 percent drop in its price. Bitcoin as a Better Medium of Exchange According to the clearing statistics of the London bullion market (LBMA), five major clearing members of the LPMCL including
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• While Rival R3 Struggles, Axoni Secures Additional $32 Million Investment

  14-08-2018 17:59
  The New York-based capital markets focused firm now has over $50 million from blue-chip investors.
  
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• SEC Slaps 'Fraudulent' ICO Founder With $30K Fine, Lifetime Ban

  14-08-2018 17:49
  The SEC has issued a cease-and-desist along with a $30,000 penalty to the founder of a token sale it called "fraudulent."
  
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• Why the Cryptocurrency Bubble is Reminiscent of Hodling Amazon Stock: CoinShares CSO

  14-08-2018 17:10
  What a difference a few weeks can make. Just 21 days ago, the bitcoin price was trading above $8,400, riding what appeared to many to be the first wave of a new bull market. The bottom, the analysts said, was in. Now, midway through August, bitcoin is fighting just to hold above $6,000. The altcoin
  The post Why the Cryptocurrency Bubble is Reminiscent of Hodling Amazon Stock: CoinShares CSO appeared first on CCN
  
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• Crypto Coders Renew Efforts to Disable Bitmain's Siacoin Miners

  14-08-2018 17:00
  Coders on a smaller cryptocurrency protocol are showing why expansion might not be so easy for Bitmain, a mining giant that's soon to file for an IPO.
  
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• Coders Renew Efforts to Fork Mining Giant Bitmain Off Siacoin Blockchain

  14-08-2018 17:00
  Coders on a smaller cryptocurrency protocol are showing why expansion might not be so easy for Bitmain, a mining giant that's soon to file for an IPO.
  
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• Bitcoin Mining Monopoly Bitmain May Branch Out From Crypto

  14-08-2018 16:30 via newsbtc.com
  Cryptocurrency investors are not getting any respite from the bearish mood of the market as, once again, Bitcoin dipped below $6,000 to reach a near 2018 low on Tuesday. The market has been hit by uncertainty over the upcoming cryptocurrency regulations from various jurisdictions across the world, and in the middle of all of this, arrives the rumours of Bitmain’s plans of cashing out of Bitcoin.
  Bitmain IPO Could Create a New Tech Giant
  Bitmain is a seller of ASIC chips and among the bigge
  
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• Save time, and generate profits with award-winning trading company Blue Trading

  14-08-2018 16:28 via crypto-news.net
  Trading is a skill set that requires a lot of preparation in order to consistently generate profits for yourself. You would have to study as much as 2500 hours worth of training, content, and practice.
  Additionally, think about all of the money you would spend while implementing flawed trading strategies, sleepless nights, angry spouse, and the stress of not knowing whether or not you are making the most profitable decisions with your portfolio.
  Instead, you can consider an award-winning trading
  
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• Cypriot Blockchain Startup Raises US$1.4M Seed to Fix Online Reviews

  14-08-2018 16:05 via feedproxy.google.com
  
  Review.Network, a new blockchain project that has set out to improve online reviews and market researches, has raised US$1.4 million in seed funding from undisclosed private investors. The capital injection will be used to grow the team and develop the platform, the startup said on Tuesday. Developed by Cypriot company RN Software Trustees Ltd., Review.Network […]
  The post Cypriot Blockchain Startup Raises US$1.4M Seed to Fix Online Reviews appeared first on Coinjournal.
  
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• Crypto Market Decline Aggravates as Ripple and Ethereum Hit Yearly Lows

  14-08-2018 16:05
  The market is down $25 billion from yesterday’s high of $219 billion, sliding to $193 at the time of writing. Altcoins have been hit hard with Ethereum down almost 18% overnight according to coinmarketcap.com and hitting lows not seen since August 2017, now trading at $264. Ripple is also at a yearly low, down 14.33%
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• DMarket Brings Blockchain Innovation to Mass Gaming Audience

  14-08-2018 15:52 via newsbtc.com
  Collaboration between the blockchain-based marketplace and a global entertainment giant benefits the whole gaming community.
  DMarket Token (DMT) finished in July as one of the top performing cryptocurrencies anywhere in the world. Up nearly 300% at its peak, the DMT drew increased attention to the project it belongs to. DMarket is a global virtual items marketplace catering to the needs of the rapidly expanding video games virtual items industry. For those unfamiliar with the sector, it has race
  
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• Goldman Sachs, JPMorgan Invest in Axoni's $32 Million Funding Round

  14-08-2018 15:50
  Enterprise-focused blockchain startup Axoni has completed a $32 million Series B funding round led by Goldman Sachs.
  
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• SEC Warns Against Retirement Funds Investing in Cryptocurrency

  14-08-2018 15:45
  In other news, the Japanese financial watchdog is unhappy with the results of its inspections of cryptocurrency exchanges.
  
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• $11 Million: Identitii Launches Australia’s Second ASX Blockchain IPO

  14-08-2018 15:32
  Identitii Limited, a blockchain-based digital identity management innovator, has launched an $11 million IPO on the Australian Securities Exchange (ASX). The Australian company aims to sell 14.6 million shares at the rate of 75 cents per unit. The proceeds will be used for the additional development and marketing of Identitii’s anti-money laundering solution, Serra. The
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• Arthur Hayes’ $5,000 Prediction Draws Ever Closer As Market Drops

  14-08-2018 15:30 via newsbtc.com
  Cryptocurrency price predictions have become as plentiful as trees in a forest, but many never come to fruition. Nonetheless, with the crypto market’s move lower, some have begun to believe that Arthur Hayes’ $5k prediction could be in store for Bitcoin.
  From $5k To $50k — Arthur Hayes’ Extreme Bitcoin Prediction
  Arthur Hayes, the CEO of BitMEX and a passionate cryptocurrency proponent, has not been one to back down from a tough question. When queried about his prediction
  
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• McAfee’s Unhackable Bitfi Wallet Hacked Again, Security Researchers Await Bounty

  14-08-2018 15:22
  On the home page of hardware wallet Bitfi’s website, it is hard to miss these words attributed to the company’s chairman, John McAfee: “The world’s first un-hackable storage for cryptocurrency & digital assets.” But for the umpteenth time, the security of the hardware wallet has been severely compromised. In the most recent incident according to
  The post McAfee’s Unhackable Bitfi Wallet Hacked Again, Security Researchers Await Bounty appeared first on CCN
  
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• John McAfee Takes on CEO Position at Blockchain Startup

  14-08-2018 14:45
  The eccentric businessman has taken the helm of a security-focused blockchain company.
  
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• Fantasy Football League to Raise $100 Million in Crypto ICO

  14-08-2018 14:40
  A blockchain startup wants to raise nearly $100 million dollars to create a new form of fantasy football aimed to bring fans together.
  
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• Crypto-Powered Fantasy Football League to Raise $100 Million in ICO

  14-08-2018 14:40
  A blockchain startup wants to raise nearly $100 million dollars to create a new form of fantasy football aimed to bring fans together.
  
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• Crypto Experts Say Bitcoin Will be Much Stronger This Time Around

  14-08-2018 14:30 via newsbtc.com
  The cryptocurrency market has been largely bearish this year, with Bitcoin having fallen below $6,000 in June. However, cryptocurrency experts who have been observing the market and considering factors other than just speculation, they feel that is a healthy correction of the market, and that the future of the market, driven by adoption, is bright.
  Willy Woo Still Bullish on Bitcoin
  Willy Woo, the renowned cryptocurrency analyst, recently tweeted that the cryptocurrency market this year is stron
  
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• Jeju Island Aims to Become an ICO-Friendly Blockchain Hub Inspite of South Korea Ban

  14-08-2018 14:29
  South Korea’s Jeju island is proposing a plan to become a blockchain haven wherein initial coin offerings (ICOs) would be allowed in the autonomous province despite the ongoing ban in the mainland. According to a report by the JoongAng Daily on Monday, the governor of Jeju Island has formally proposed that the central government of
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• AirSwap Decentralized Exchange Upgrades for Any-Size Ethereum Trades

  14-08-2018 14:00
  The decentralized exchange is adding messaging and ID verification features to address the worries that have kept institutional investors at bay.
  
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• Crypto Prices Have Nosedived, But There Could Be a Silver Lining

  14-08-2018 13:30 via newsbtc.com
  Monday hailed in one of the worst days the crypto market has ever seen, with Bitcoin posting a loss of 6%, while altcoins fell even further. However, not all investors are worried, as some see that this nosedive is just another part of the tumultuous cryptocurrency cycle.
  CoinShares Executive: The Narrative Around Crypto Is Hard To Grasp
  Meltem Demirors, a Chief Strategy Officer (CSO) at Coinshares, recently appeared on CNBC’s “Fast Money” segment to comment on the state of the
  
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• Bitcoin and Ether Lack Momentum as Crypto Market Falls Below $200 Billion

  14-08-2018 13:30
  In the past 24 hours, the crypto market has lost $23 billion, dropping from $217 billion to $194 billion, as major cryptocurrencies including Bitcoin showed a lack of momentum. What Has Happened to the Market? Without any exception, every major cryptocurrency in the market has plunged in value on August 14. Ether, the native cryptocurrency
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• Under Pressure: Bitcoin Price Could Defend $5.6K, Charts Say

  14-08-2018 13:00
  Bitcoin risks printing fresh 2018 low below the June low of $5,755, but will likely defend the support at $5,650 in the short-run.
  
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• Jamaica Stock Exchange to Trade Crypto Assets in 2018

  14-08-2018 12:59
  The Jamaica Stock Exchange will be adding cryptocurrency trading for its clients later this year.
  
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• Crypto is a Better Long-Term Investment Than USD and Gold, Says Investor

  14-08-2018 12:45 via newsbtc.com
  Kim Dotcom, the German-Finnish entrepreneur and the creator of Mega, has publicly stated that gold and crypto are better long-term investments than the US dollar.
  In a recent statement, Dotcom said:
  “Trust me. Buy crypto and gold. Your USD will become worthless. With US economic collapse all old money currencies will crash. Times will get tough. But you’ll be fine if you hedge some of your assets in preparation for the crash. The big crash is coming 100%.”
  Value of the US Dolla
  
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• Cash App Bitcoin Transactions Now Available in All 50 US States

  14-08-2018 12:41
  Previously, the feature was not available to residents of Georgia, Wyoming and Hawaii.
  
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• Thailand Police Seek More Arrests in $24 Million Bitcoin Fraud

  14-08-2018 12:35
  Thailand’s Crime Suppression Division (CSD) has sought arrest warrants of six more people in an ongoing $24 million Bitcoin scam case. The law enforcement agency has confirmed that among the six wanted individuals, two are siblings of the famous Thai actor Jiratpisit Jaravijit. One of them is the elder brother of Jaravijit, Prinya Jaravijit, while
  The post Thailand Police Seek More Arrests in $24 Million Bitcoin Fraud appeared first on CCN
  
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• Ethereum Tumbles 17%, Investors Blame It On An ICO Sell-Off

  14-08-2018 12:15 via newsbtc.com
  In today’s crypto market drop-off, a majority of cryptocurrencies posted horrendous losses, including Ethereum, which fell further than many of its altcoin brethren. This came to the surprise of many, as Ethereum is normally a force to be reckoned with in ‘normal’ market conditions.
  Ethereum Moves Under $300 For The First Time In 9 Months
  Over its relatively short history, Ethereum has grown to become the 2nd most valuable cryptocurrency, becoming the platform of choi
  
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• No More Open Source: Why Crypto Projects Abandon Github

  14-08-2018 12:05
  More and more crypto projects are abandoning the open source platform--why?
  
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• A Closed Source: Crypto Projects Abandoning Github

  14-08-2018 12:05
  More and more crypto projects are abandoning the open source platform--why?
  
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• Intuitive Signs of a Cryptocurrency Bubble

  14-08-2018 12:00 via crypto-news.net
  There were signs during the last bull market that showed cryptocurrencies were about to take a turn for the worse, as it has been for some time now, and while this current market has been somewhat discouraging it is also a necessary part of the stabilization that will eventually see cryptocurrency markets become mainstream.
  With this in mind, we looked at the last bull run noting indicators that will show investors when the bubble might be about to burst. These red flags, if you know what you&rs
  
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• Infinito Wallet Partners with Compliance Platform Coinfirm and AMLT Network

  14-08-2018 11:44
  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 Infinito Wallet Partners with Compliance Platform Coinfirm and AMLT Network appeared first on CCN
  
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• Crypto Markets Hit Another 2018 Low, Is It The Bottom For Ethereum?

  14-08-2018 11:43 via newsbtc.com
  FOMO Moments
  This biggest one day dump this year, Ethereum, XRP, Bitcoin Cash, EOS and Cardano dropping double digits
  The crypto winter is getting colder as markets tanked yet again over night to a new 2018 low. Total market capitalization plunged below $200 billion and kept going to reach its lowest level since the end of October 2017.
  Bitcoin briefly dipped below $6k once again and is holding the level just above it. With a loss of 6.5% on the day BTC is down to $6,050 and poised for further d
  
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• Square Expands Cash App Bitcoin Service to All 50 US States

  14-08-2018 11:30
  Residents in all 50 U.S. states can now use Square's Cash App to buy and sell bitcoin, the company has announced.
  
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