Cryptocurrency news

• Op-ed: The Real Story — How Cryptocurrency Exchanges Extract Profit from Everyone

  19-08-2018 23:46
  Written By: Alex Mashinsky, CEO of Celsius Network and accomplished VoIP entrepreneur Most companies or projects that hold an ICO or token generation event (TGE) are under enormous pressure to get their tokens listed on major exchanges as quickly as possible. Most ICOs get listed in less than 3 months. But there are a number
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• Valuation of Crypto Market Slightly Declines But Bitcoin Price Shows Stability

  19-08-2018 22:31
  In the past 24 hours, the valuation of the crypto market has dropped slightly by $2 billion, from $215 billion to $213 billion, as the Bitcoin price and Ethereum price demonstrated stability. Most major cryptocurrencies including Bitcoin Cash, Ripple, EOS, and Ethereum recorded decent gains in the range of 1 to 5 percent. Tokens including
  The post Valuation of Crypto Market Slightly Declines But Bitcoin Price Shows Stability appeared first on CCN
  
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• Pornhub Subsidiary Tube8 Wants to Pay You Cryptocurrency to Watch Porn

  19-08-2018 21:16
  Tube8, an adult entertainment platform, is adopting blockchain and tokenization technologies in order to reward visitors with cryptocurrency for watching videos on their website. Porn Site Tube8 Wants to Pay You Cryptocurrency To effect this process, the Pornhub subsidiary is partnering with blockchain platform Vice Industry Token (VIT) for the total tokenization of the website.
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• Ethereum Co-Founder Joseph Lubin: Crypto Market Slump Won’t Curtail Growth

  19-08-2018 19:47
  Ethereum co-founder Joseph Lubin said that he does not see the recent slump in cryptocurrency prices as a constraint to growth in the market. In a recent interview with Bloomberg, Lubin said the collapse in prices is not a new development as it has always been present in the “blockchain ecosystem since 2009 when Bitcoin
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• IP Asset Trading Platform INKubator Launches with Epic 10,000,000 INK Tokens Giveaway

  19-08-2018 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
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• Ethereum Most Popular Crypto Among Phishers who made $2.3 Million in Q2 2018: Kaspersky

  19-08-2018 19:00
  Cybercriminals have raked in a total $2.3 million by exploiting ICOs via phishing in the second quarter of 2018, a Kaspersky study revealed. The multinational cybersecurity company in its new Spam and Phishing in Q2 2018 report found that online malefactors target crypto investors with fake ICO websites. Most of these sites belong to Ethereum-powered startups that raise
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• Libellum: Offering Instant Supplier Verification Through Blockchain Technology

  19-08-2018 18:53
  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
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• Blockchain Company Skycoin Looking to Break into the Korean Market

  19-08-2018 18:50
  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
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• Leading Crypto Experts to Speak at the Blockchain & Bitcoin Conference Switzerland

  19-08-2018 18:14 via crypto-news.net
  On October 9, Geneva will welcome the Blockchain & Bitcoin Conference Switzerland for the second time. The event planned by the international company Smile-Expo will gather professionals in the DLT industry who will focus on the most topical issues of the sphere.
  Who will speak at the conference?
  Among the participating speakers there will be Jörn Erbguth – DLT and data protection advisor. The expert will analyse how DLT and GDPR can work together. He will discuss the difficulties
  
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• COS Takes Global Tour to Tokyo to Create Value for Millions of Content Creators Worldwide

  19-08-2018 17:20
  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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• Two of South Korea’s Biggest Institutions in New Blockchain Partnership

  19-08-2018 16:53
  Shinhan Bank and Korea Telecom Corporation will be developing the 'Future Internet'.
  
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• Bitcoin Wallet Blockchain Says It’s Adding 50k Users Per Day

  19-08-2018 16:11
  Cryptocurrency wallet Blockchain is adding up 50,000 users a day amidst the ongoing crypto market downturn. Posting on his Twitter account, Blockchain CEO and Cofounder Peter Smith made the claim in a tweet that also appeared to take a shot at Coinbase. Defying the Downturn Responding to a Bloomberg interview with Coinbase CEO Brian Armstrong where he
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• BitCondo: Is cryptocurrency the future of real estate? - Boulder Daily Camera

  19-08-2018 16:04 via dailycamera.com
  BitCondo: Is cryptocurrency the future of real estate?
  Boulder Daily Camera
  When you're in the market for a new home, you probably have a lot of things on your mind: square footage, school districts, mortgages rates. One thing you're probably not spending much time thinking about: Bitcoin. But perhaps cryptocurrency and ...and more »
  
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• Sports Token ICO Issuer MobileGo Threatens Critics With Legal Action

  19-08-2018 15:08
  MobileGo, which bills itself on its website as a dedicated token to bring eSports to everyone, has warned it will consider legal action against people making unreasonable demands against the company. The situation came to light on Twitter Friday, Aug. 17, when one tweeter commented that an ICO issuer is threatening to sue investors and
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• McAfee’s BTC Wallet Gets Hacked

  19-08-2018 14:57 via crypto-news.net
  John McAfee, a computer programmer and founder of McAfee, launched a BTC wallet, named BitFi, and dished out a challenge for $250,000, claiming that the wallet happens to be unhackable. It should be noted that it created a great hype, given that BitFi is owned by one of the greatest internet security companies in the industry.
  In a Tweet, OverSoftNL, a research group which hacked the wallet, said that they have gained root access, but the dashboard is still accessible for all the users. However,
  
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• Wikipedia Rival Everipedia Debuts, Rewarding Users With Crypto Tokens

  19-08-2018 13:42
  Billing itself as “the online encyclopedia reinvented for the modern age,” Everipedia has officially introduced its long-anticipated, peer-to-peer, online encyclopedia using EOS.IO technology that rewards users with crypto tokens for providing and editing articles. These “IQ” tokens entitle the holder to voting rights within the network. Seeing itself as as an alternative to Wikipedia, Everipedia seeks to
  The post Wikipedia Rival Everipedia Debuts, Rewarding Use
  
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• Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market

  19-08-2018 13:13 via newsbtc.com
  The interest of Wall Street firms towards opportunities in crypto custody and asset management has continued to increase despite the 80 percent correction the market experienced in 2018.
  Sanford C. Bernstein & Co. analysts refuted recent reports about the struggle of cryptocurrency exchanges and stated that digital asset trading platforms have been recording solid volumes, generating large revenues.
  The analysts added that the strong performance of cryptocurrency trading platforms in a bear
  
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• As Iran turns to Bitcoin and its own cryptocurrency to avoid sanctions, maybe it's time to build another Stuxnet - The Hill

  19-08-2018 13:05 via thehill.com
  The Hill
  As Iran turns to Bitcoin and its own cryptocurrency to avoid sanctions, maybe it's time to build another Stuxnet
  The Hill
  Iran is doing what every respectable state sponsor of terrorism does when their economy is going down the drain. They turn to bitcoin. Just like North Korea did (and still does). As bitcoin outpaces the Rial (Iran's currency), the next wave of ...and more »
  
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• Crypto Trading 101: An Introduction to Support and Resistance

  19-08-2018 13:00
  Support and resistance levels help identify areas of supply and demand, and are an important aspect of price charts for traders to understand.
  
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• FINRA Throws Shade on the ‘SAFT’ ICO Framework

  19-08-2018 12:40
  The Financial Industry Regulatory Authority (FINRA), a Washington-based self-regulatory body, has cautioned investors to beware of ICOs touting their adoption of the SAFT (Simple Agreements for Future Tokens) framework as evidence of investment security or regulatory compliance. SAFT Background The warning, which appears in its August 16, 2018 Investor’s Alert publication addressing potential ICO investors
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• As No-Deal Brexit Looms, UK Blockchain Startups Are Weighing Options

  19-08-2018 12:00
  The U.K. is on the cusp of leaving the E.U., sparking concern for blockchain startups working within a government-run regulatory sandbox.
  
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• Chinese Retail Giant JD.com Launches Open Blockchain Platform

  19-08-2018 11:20
  JD.com, China’s largest retailer and e-commerce provider, has deployed an open blockchain platform to enable customers to have their own blockchain solutions to improve the transparency, efficiency and security of their operations, the company announced on its corporate blog. The JD Blockchain Open Platform expands the company’s Retail as a Service and will allow customers
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• Firm Behind First Blockchain ETFs Launches $100 Million Crypto Hedge Fund

  19-08-2018 11:18
  Reality Shares of California has attracted around $100 million worth of new business since launching its exchange-traded funds. 
  
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• Chinese police nab suspects after US$87 million cryptocurrency theft - Channel NewsAsia

  19-08-2018 10:36 via channelnewsasia.com
  Channel NewsAsia
  Chinese police nab suspects after US$87 million cryptocurrency theft
  Channel NewsAsia
  BEIJING: Chinese police have arrested three suspects alleged to have stolen assets worth 600 million yuan (US$87 million) through hacking, state media reported Sunday (Aug 19), as cyber criminals target holders of bitcoin and other virtual currencies.
  Police nab suspects after $87m cryptocurrency theftThe Punch
  Chinese police nab three suspects after $87 million cryptocurrency theftThe Japan T
  
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• Crypto Week In Review: The Market Remains Tumultuous Even Amid Bullish News

  19-08-2018 10:28 via newsbtc.com
  While investors entered this past week expecting for the crypto market to fall further, it has become apparent that the market has temporarily staved off a move lower. Whether this recovery was a result of positive fundamentals or just a “dead cat bounce” remains to be seen. Nonetheless, this week has had its fair share of positive news that will only better this nascent industry’s fundamentals.
  Network Hashrates Continue To Rise, Despite Questionable Market Conditions
  Since&nb
  
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• Bitcoin Price Weekly Analysis: BTC/USD Failed Again Near $6,600, Now What?

  19-08-2018 09:00 via newsbtc.com
  Key PointsBitcoin price rebounded and moved above the $6,400 level, but it failed near $6,600 against the US Dollar.
  There was a break below a major bullish trend line with support at $6,460 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair remains in a broad range between $6,000 and $6,600, and it may continue to trade sideways.Bitcoin price failed once again near the $6,600-6,620 resistance against the US Dollar. BTC/USD is correcting lower and it could test the $6,275
  
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• Ethereum Price Weekly Analysis: ETH/USD’s Upsides Capped Near $320

  19-08-2018 08:00 via newsbtc.com
  Key HighlightsETH price corrected higher recently and traded above $310 and $315 against the US Dollar.
  There is a key connecting bearish trend line in place with current resistance at $311 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair has to break the $311 and the $320 resistance levels for more upsides in the near term.Ethereum price failed to remain in a positive zone versus the US Dollar and Bitcoin. ETH/USD settled below $300 and is facing resistances near $311 and $320.
  
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• UK Cryptocurrency Startups Suffer Dwindling Fortunes Amidst Market Decline - Bitcoinist

  19-08-2018 07:30 via bitcoinist.com
  Bitcoinist
  UK Cryptocurrency Startups Suffer Dwindling Fortunes Amidst Market Decline
  Bitcoinist
  Cryptocurrency startups in the United Kingdom are struggling in 2018. The fringe benefits that came with changing a company's name to reflect an interest in blockchain technology seems to have all but disappeared.and more »
  
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• SARS looking to identify cryptocurrency traders who dodge taxes - MyBroadband

  19-08-2018 07:30 via mybroadband.co.za
  MyBroadband
  SARS looking to identify cryptocurrency traders who dodge taxes
  MyBroadband
  Acting South African Revenue Service commissioner Mark Kingon has stated they are investigating how to clearly identify cryptocurrency traders. According to a report by the City Press, Kingon said this was needed so anyone dodging taxes could be tracked.
  SARS looks into identifying noncompliant cryptocurrency 'miners'Fin24all 3 news articles »
  
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• Analysts: Cryptocurrency Interest Remains High, Exchange Revenues are Evidence - CryptoSlate

  19-08-2018 06:32 via cryptoslate.com
  CryptoSlate
  Analysts: Cryptocurrency Interest Remains High, Exchange Revenues are Evidence
  CryptoSlate
  Despite falling prices of cryptocurrencies like Bitcoin and Ether, a few market analysts believe 2018's extended bear market is a mere price correction, and so-called Bitcoin “obituary” reports are “greatly exaggerated.” ...and more »
  
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• Crypto Market Loses $9 Billion in Hours as Tokens Drop 10% on Average

  19-08-2018 06:23
  In merely three hours, the crypto market has lost more than $9 billion of its valuation, as the price of tokens and small market cap cryptocurrencies dropped substantially. Tokens Plunge 10% Off of 2% Decline of Bitcoin After demonstrating a relatively strong corrective rally, the crypto market saw a decline in the value of tokens,
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• Bitcoin Cash Price Weekly Analysis: BCH/USD Holding Key Support at $540

  19-08-2018 06:08 via newsbtc.com
  Key PointsBitcoin cash price recovered and moved above the $520 and $540 resistance levels against the US Dollar.
  There is a major contracting triangle forming with support near $545 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
  The pair has to stay above the $545 and $540 support levels to remain in an uptrend in the near term.Bitcoin cash price failed to settle above $600 and declined against the US Dollar. BCH/USD is currently testing an important support area near $540.
  B
  
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• Cryptocurrency market's “trajectory is obvious”, says Spencer Bogart - AMBCrypto

  19-08-2018 05:00 via ambcrypto.com
  AMBCrypto
  Cryptocurrency market's “trajectory is obvious”, says Spencer Bogart
  AMBCrypto
  In an interview with Bloomberg, Joseph Lubin, the Co-Founder of Ethereum [ETH] said that the “trader types” are driving volatility in the cryptocurrency market. Spencer Bogart, a Partner at Blockchain Capital spoke about this statement made by Lubin in ...
  
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• I Spoke to Akon About His New Cryptocurrency, Akoin - VICE

  19-08-2018 03:03 via vice.com
  VICE
  I Spoke to Akon About His New Cryptocurrency, Akoin
  VICE
  If you still think of Akon as that R&B singer from the aughts who sang “Smack That” and got in trouble for dry-humping an underage girl on stage, you're woefully behind the times. Since retiring from music back in 2010, the St. Louis born and Senegal ...
  
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• Interview: Michael Dunworth, CEO of Money Transfer Service Wyre, on MakerDAO Partnership

  19-08-2018 02:37
  On Tuesday, U.S. international wire transfer startup Wyre announced a strategic partnership with MakerDAO. We’ve written about Wyre several times in the past: first when they raised a $5.8 million Series A led by Chinese firm Amphora Capital. The firm went on to acquire Bejing-based Remsity as they took on China. At the time — April 2017
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• Bitcoin Cash Futures, Venture Funds, and Lawsuits: This Week in Crypto

  19-08-2018 01:15
  Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this weeks edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, Youtube or wherever you get your podcasts. Price Watch: Bitcoin is up 0.82% to
  The post Bitcoin Cash Futures, Venture Funds, and Lawsuits: This Week in Crypto appeared first on CCN
  
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• Decentralized Crypto Exchange AirSwap Launches OTC Market to ‘Unlock New World of Liquidity’

  19-08-2018 00:01
  Decentralized exchange AirSwap is launching the framework for over-the-counter (OTC) trading product for mainnet rollout. In an update posted on its website, AirSwap said the new product would be available “exclusively to a private beta group.” Founded in 2017, AirSwap became known for offering frictionless peer-to-peer trades for ERC20 tokens to a group of primarily
  The post Decentralized Crypto Exchange AirSwap Launches OTC Market to ‘Unlock New World of Liquidity’ appe
  
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• Cryptocurrency Miners Ignore the Bitcoin Price Fall, Focus on Expansion Instead - Bitcoinist

  19-08-2018 00:00 via bitcoinist.com
  Bitcoinist
  Cryptocurrency Miners Ignore the Bitcoin Price Fall, Focus on Expansion Instead
  Bitcoinist
  The recent decline in cryptocurrency prices has cast a shadow on several aspects of the digital currencies space. However, one area where this bearish outlook has not extended to is cryptocurrency mining.and more »
  
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• Aluminum factories make great cryptocurrency mining farms

  19-08-2018 00:00 via crypto-news.net
  Alcoa, the company that invented aluminum smelting back in 1888 observes once again how one of their old operation sites is being overtaken by a bitcoin / cryptocurrency mining farm operation. Back in June, a company called CoinMint announced that it will invest $700 million in the New York economy in order to take over an old Alcoa plant and build a mining farm.
  This time around it is Bitmain, the global cryptocurrency mining leader is the one that is taking the step forward by committing to a
  
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