Cryptocurrency news

• 90% of Employees at Major Crypto Exchange Binance Receive Salary in BNB

  18-08-2018 22:47
  At the Liechtenstein Cryptoassets Exchange (LCX), Binance CEO Changpeng Zhao told TechCrunch founder Michael Arrington that 90 percent of the exchange’s employees receive their salaries in BNB. “Just one of the interesting things @cz_binance told me this week at LCX event: 90% of binance employees choose to receive their salary in BNB tokens. Smart people,”
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• With hyperinflation, Venezuela's cryptocurrency is magical unrealism - The Hill

  18-08-2018 22:04 via thehill.com
  The Hill
  With hyperinflation, Venezuela's cryptocurrency is magical unrealism
  The Hill
  20 will release its new fiat currency in an attempt to tame its out of control inflation. As part of this initiative, the country is linking its new sovereign bolivar to the country's state-backed cryptocurrency, the petro, which was released in ...
  Venezuela: Petro Cryptocurrency Becomes National Unit-of-AccountCryptoSlate
  Maduro Establishes Single Exchange Rate Linked to Cryptocurrency 'Petro'Sputnik Intern
  
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• Cobinhood Founders Raise $20 Million for Blockchain That Processes 1 Million Transactions Per Second

  18-08-2018 21:31
  The founders of cryptocurrency exchange Cobinhood are commissioning the development of a new blockchain capable of processing 1 million transactions per second, a massive undertaking given that Bitcoin transaction can take hours to complete and Ethereum transactions range from 1-5 minutes, with even Visa’s ~2000 tx/s being dwarfed in comparison. The company behind the project
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• Op-ed: Energy Security and Blockchain — A Solution for Oil Politics and Geopolitics

  18-08-2018 20:15
  Modern economies run on a different kind of ‘Power’ than the medieval kingdoms. Today, power is derived from coal, petroleum, and biofuels instead of the King’s exalted office. The economies that ensure a steady and sufficient supply of energy for their citizens and governmental machinery are the ones that have Energy Security. Today, Energy Security
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• She(256) Mentorship Program Aims to Help More Women Gain a Cryptocurrency Career - Bitcoin News (press release)

  18-08-2018 19:17 via news.bitcoin.com
  Bitcoin News (press release)
  She(256) Mentorship Program Aims to Help More Women Gain a Cryptocurrency Career
  Bitcoin News (press release)
  She(256) is a clever name for a novel scheme. The female-focused mentorship program is designed to support women entering the cryptocurrency space. In doing so, the program will enable students to benefit from the guidance of a crypto OG – a seasoned ...and more »
  
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• Alibabacoin Foundation Announces the Launch of Their Wallet

  18-08-2018 19:05
  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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• Satoshi’s Vision: Craig Wright to Launch BCH Node to ‘Restore Original Bitcoin Protocol’

  18-08-2018 19:03
  An intramural debate among Bitcoin Cash developers about the future of the BCH protocol is heating up, with a development group backed by nChain and Craig Wright vowing to create a new full node client that does not include the so-called “unnecessary changes” being added to Bitcoin ABC, the most popular full node BCH client.
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• Bitcoin Price Technical Analysis: BTCUSD Capped by Strong Resistance

  18-08-2018 17:37
  Bitcoin price today tumbled 2 percent against the dollar, confirming a weak push by bulls in the current bearish bias. The BTC/USD continued to extend its prevailing upside momentum, breaking above 6500-fiat to establish 6620-fiat as its new intraday peak level. However, the absence of enough bullish sentiment around the peak area, also visible during
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• Hawaiian Electric Utility Scam Threatens Disconnection Unless Bitcoin Bill is Paid

  18-08-2018 15:55
  It’s a case of an old scam in a new wineskin. Customers of electric utility companies in the state of Hawaii are being targeted by scammers who are relying on the relative anonymity offered by cryptocurrencies. The fraudsters are calling the customers of power firms that include Hawaii Electric Light, Maui Electric and Hawaiian Electric
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• $220 Billion: Crypto Market Continues Short-Term Recovery as Tokens Surge

  18-08-2018 14:39
  The crypto market has continued its recovery over the past 24 hours, as both major cryptocurrencies and tokens continued to surge in value. While Bitcoin remained relatively stable with a 1 percent gain, Ethereum, Ripple, Bitcoin Cash, and EOS recorded 4 percent, 9 percent, 8 percent, and 11 percent gains respectively, pushing the valuation of
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• Indian Police Arrest Two in $150 Million Bitcoin Ponzi

  18-08-2018 13:44
  The Indian police have arrested two more persons involved in the GainBitcoin Ponzi case, according to Times of India. This comes on the heels of a series of arrests made in Delhi where the police raided a 4,000 square-foot mining facility, whose operators conned several victims into investing in GainBitcoin.com. The news outlet quotes an
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• Major Exchange CEO: Despite Correction, Demand For Bitcoin Has Not Declined

  18-08-2018 13:21 via newsbtc.com
  Yoni Assia, the CEO of major multi-asset trading platform eToro, has said that the correction of Bitcoin is positive for the long-term health and growth of the crypto market.
  Throughout August, Bitcoin recorded its third major correction in 2018, as its price fell from $8,500 to $5,850. But, shortly after dipping below the important $6,000 support level, the dominant cryptocurrency recovered relatively quickly to mid-$6,000.
  1-day Bitcoin price chart, provided by Cryptowat.ch
  Demand For Bitcoin
  
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• Africa Rising: Crypto Adoption Is Soaring Across The Continent

  18-08-2018 13:00 via crypto-news.net
  Crypto advocates have long asserted that Africa is well-suited to benefit from decentralized digital assets. Cryptocurrencies offer solutions to many of the continent’s challenges, and their use is growing across the realm. The rapid embrace of crypto by the African people is an excellent example of the transformative potential of blockchain technology, and is poised to bring revolutionary changes to all aspects of African society.
  Although hard numbers are difficult to determine, evidence
  
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• Can Security Tokens Save Crypto From the Bear Market Blues?

  18-08-2018 12:45
  A conference this week in Canada saw discussion of how securities tokens might offer a path for blockchain products to reach consumers.
  
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• Non-Believable Tokens: The 7 Strangest Crypto Collectibles Explained

  18-08-2018 12:00
  It started with CryptoKitties, but it keeps getting weirder. CoinDesk takes you on a wild ride through the world of non-fungible tokens.
  
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• Can The Slow Cryptocurrency Recovery be Sustained? - newsBTC

  18-08-2018 10:29 via newsbtc.com
  newsBTC
  Can The Slow Cryptocurrency Recovery be Sustained?
  newsBTC
  Markets slowly recovering this weekend; XRP, EOS, Neo and Tron climbing back, VeChain falling slightly. The slow creep upwards has continued into the weekend as cryptocurrencies add more gains following their lowest levels of the year. Total market ...and more »
  
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• Can The Slow Cryptocurrency Recovery be Sustained?

  18-08-2018 10:29 via newsbtc.com
  FOMO Moments
  Markets slowly recovering this weekend; XRP, EOS, Neo and Tron climbing back, VeChain falling slightly.
  The slow creep upwards has continued into the weekend as cryptocurrencies add more gains following their lowest levels of the year. Total market capitalization has crept up slightly and is currently holding above $215 billion, 14% up on Tuesday’s big dip.
  Bitcoin has not moved much over the past 24 hours, it is still trading at $6,500. BTC did reach and break $6,600 a few ho
  
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• Australian Cinema-on-Demand Distributor Launching Cryptocurrency To Reward Film Enthusiasts

  18-08-2018 10:28
  Australian-based Demand Film has released a new virtual currency to reward users who promote and watch movie trailers. Demand Film is officially releasing the cryptocurrency, known as ‘Screencreds,’ before the company launches in Germany next Tuesday. The new digital coin is the latest example of how digital currencies and blockchain technology are making waves in
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• XRP Technical Analysis: XRP Spearheads Recovery, Adds 10%

  18-08-2018 04:00 via newsbtc.com
  Like most coins, Ripple and XRP are bullish. Not only are we seeing important partnerships that steels XRP and xRapid,  XRP prices are also on a recovery path adding a massive 13 percent in the last day helping propel prices from 25 cents supports. Technically, this recovery might continue though XRP is within a bear trend as the weekly chart shows.
  From the News
  Standard Chartered, UBS and more than 50 global banks are some of the main players making use of RTXP and several of Ripple&rsquo
  
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• Capital One Wants to Authenticate Users on a Blockchain

  18-08-2018 03:23
  Blockchain adoption continues to rise in the banking sector, with the news that Capital One has applied for a patent to potentially develop a blockchain system that authenticates new users in a secure manner. Capital One is a bank holding company specializing in credit cards and bank loans, making security a primary concern. According to
  The post Capital One Wants to Authenticate Users on a Blockchain appeared first on CCN
  
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• Do we need BailCoin? FBI refuses to take cryptocurrency in videogame hacking case - MarketWatch

  18-08-2018 02:37 via marketwatch.com
  Engadget
  Do we need BailCoin? FBI refuses to take cryptocurrency in videogame hacking case
  MarketWatch
  Alleged hacker had smaller cryptocurrencies, and selling the digital coins for $750,000 bail could have caused prices to crash. Reuters. Is BailCoin next? By. MaxA. Cherney. Tech reporter. After being arrested by federal agents for allegedly hacking ...
  Federal court orders alleged hacker to pay for bail with cryptocurrencyEngadget
  US Judge Orders Alleged Hacker to Pay Bail in Cryptocurre
  
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• IoT Crypto VeChain Price Surges 50% Overnight, Factors Behind the Spike

  18-08-2018 02:21
  VeChain, a China-based Internet of Things (IoT)-focused crypto, has surged by more than 50 percent in value within the past 24 hours. Analysts have attributed the increase in the price of VeChain to the successful series of partnerships the team has been able to secure since earlier this year and the improving momentum of tokens
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• Litecoin, EOS, Stellar Lumens, Tron, IOTA Technical Analysis: Altcoins Are Back To (Temporary) Green

  18-08-2018 02:02 via newsbtc.com
  The altcoins market is in recovery mode and after more than two months of persistent sells, their momentum is fading. Though they still lack solid confirmation, price floors are morale boosting for coins as EOS, Tron, IOTA and even Litecoin which were heading lower. Next week’s price action would influence the short term price trajectory of most altcoins under review.
  Let’s have a look at these charts:
  EOS Technical Analysis
  EOS Daily Chart by Trading View
  First, before taking a trad
  
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• U.K. Exchange Crypto Facilities Launches Bitcoin Cash Futures

  18-08-2018 01:18
  Bitcoin cash, the fourth-largest cryptocurrency, took another step into the big leagues on Friday when a European derivatives trading platform launched the first regulated, USD-denominated bitcoin cash futures. This product, which began trading on the U.K.-based Crypto Facilities on Friday at 4 p.m. local time, allows investors to bet on the future price movements of
  The post U.K. Exchange Crypto Facilities Launches Bitcoin Cash Futures appeared first on CCN
  
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• Ripple Price (XRP) Records 16% Rally as Cryptocurrency Market Booms

  18-08-2018 00:19
  A bullish correction has “rippled” across the cryptocurrency market today, with the ripple price (XRP) leading a widespread altcoin comeback. Ripple Price Marches Back The XRP/USD trading pair on Friday jumped more than 16 percent, rising from 0.29065-fiat to 0.32853-fiat. The upside adds up to a 37 percent increase since the pair established its bottom at
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• Mining Malware Hits UK Firms

  18-08-2018 00:00 via crypto-news.net
  The latest research has shown that almost 30 percent of the businesses based in the UK have confirmed that their infrastructure has been hit by a crypto mining malware in July 2018. With new ICOs launching every week and the awareness growing among the masses, such threats are enough to sabotage the businesses from entering the mainstream market and this is why the concerns have exploded among business community after this research was published.
  It should be noted that digital infrastructure, e
  
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• Huge Chinese Retailer Launches Open Blockchain Platform

  18-08-2018 00:00 via newsbtc.com
  One of China’s largest retailers, JD.com, is launching a blockchain platform. The idea behind the JD Blockchain Open Platform is to allow the company’s enterprise customers to develop their own applications based on the innovative and disruptive technology.
  JD.com Hopes to Encourage Innovation with New Platform
  The goal of the JD.com’s new platform is to provide the company’s business customers with a framework to develop their own smart contract-based systems. These will
  
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