Cryptocurrency news

• Ryuk Ransomware Targets Businesses with Bitcoin Demands, Links to North Korea?

  21-08-2018 23:30 via newsbtc.com
  A new, highly targeted ransomware attack has been affecting large businesses. The Ryuk operation demands that victims make large Bitcoin payments for the return of their files.
  Is Ryuk Ransomware Connected to North Korea’s Lazarus Group?
  The Ryuk ransomware attack has been exposed by security company Check Point. In a lengthy report, the firm states that the group behind the operation has already netted over $640,000 worth of Bitcoin in the two weeks it has been live.
  Check Point note that
  
  Read more

• The Anti-Semitism Lurking in Dark Corners of the Cryptocurrency Community - Slate Magazine

  21-08-2018 23:19 via slate.com
  Slate Magazine
  The Anti-Semitism Lurking in Dark Corners of the Cryptocurrency Community
  Slate Magazine
  On May 29, a tediously “mysterious” video appeared in the bowels of YouTube. It featured a man wearing dark glasses, a thick beard, and a low-brimmed cap. He is seated in front of a shabby-chic fireplace, on which rests a half-drained wine glass. He ...
  
  Read more

• VeChain Price Extends Recovery as Market Awaits [Another] Bitcoin ETF Ruling

  21-08-2018 23:15
  The vechain price (VET/VEN) rose nearly 10 percent on Tuesday, even as the wider cryptocurrency market struggled just to tread water amidst declining trading volume. VeChain Price Doubles in Just One Week The cryptocurrency, the native token of the eponymous IoT-focused VeChain platform, has been one of the market’s top performers in August, as CCN
  The post VeChain Price Extends Recovery as Market Awaits [Another] Bitcoin ETF Ruling appeared first on CCN
  
  Read more

• Coin Center Calls for Congress to Give U.S. Taxpayers Safe Harbor on Bitcoin Hard Forks

  21-08-2018 22:11
  Cryptocurrency industry non-profit research and advocacy organization Coin Center is calling for Congress to enact legislation that will provide bitcoin investors with safe harbor on federal taxes incurred as the result of software forks. Writing in a post published on the Washington, D.C.-based organization’s blog, executive director Jerry Brito argued that cryptocurrency investors who have
  The post Coin Center Calls for Congress to Give U.S. Taxpayers Safe Harbor on Bitcoin Hard Forks ap
  
  Read more

• Advertisement

• US Senators Raise Crypto Mining Concerns, Propose Government Blockchains

  21-08-2018 22:00
  The U.S. Senate Committee on Energy and Natural Resources hosted a hearing Tuesday on the "energy efficiency of blockchain and similar technologies."
  
  Read more

• Crypto Startup Pundi X To Power Blockchain Payments at Ultra Music Festival in Taiwan

  21-08-2018 22:00 via newsbtc.com
  Leading blockchain payments provider Pundi X and its XPASS card platform will power transactions for over 30,000 XPASS holders at the annual Ultra Music Festival in Taipei, Taiwan.
  Ultra Attendees Can Pay with XPASS at 35 Retail Outlets
  The largest independent electronic dance music festival promotion in the world, Ultra Music Festival, will see their annual Taiwan show become the testing grounds for an exclusive partnership with Indonesia-based cryptocurrency startup Pundi X to power blockchain
  
  Read more

• Apple Co-Founder Steve Wozniak Flip-Flops on Blockchain, Joins Crypto Startup

  21-08-2018 21:06
  Apple co-founder Steve Wozniak discussed his involvement in a new crypto startup company and his interest in blockchain in general in a NullTx interview earlier this week. The tech prodigy became interested in Bitcoin after learning about the potential of decentralized ledgers and becoming intrigued by the mystery of who invented it, also impressed with
  The post Apple Co-Founder Steve Wozniak Flip-Flops on Blockchain, Joins Crypto Startup appeared first on CCN
  
  Read more

• Bets Against Bitcoin's Price Are Nearing Record Highs

  21-08-2018 20:51
  BTC/USD shorts on Bitfinex are nearing record highs, leaving many to wonder if a short squeeze will occur like it did when the prior mark was set.
  
  Read more

• Advertisement

• eToro Signs Sponsorship Deals with Seven Premier League Teams

  21-08-2018 20:30 via newsbtc.com
  A total of seven top U.K. football clubs have announced sponsorship deals with the digital currency exchange platform eToro. To highlight the benefits of cryptocurrency, the firm is settling the deals with the clubs in question using Bitcoin.
  European Football Embraces Digital Currency and Blockchain Technology
  Cryptocurrencies are moving into British sport.
  Digital asset trading platform eToro has just announced sponsorship deals with seven Premier League football clubs. The clubs involved
  
  Read more

• Cryptocurrency Exchanges Join Hands to Form Self-Regulatory Organization

  21-08-2018 20:29 via feedproxy.google.com
  
  Bitstamp, Inc., bitFlyer USA, Inc., Bittrex, Inc., and Gemini Trust Company, LLC, have joined hands to form the Virtual Commodity Association (VCA) Working Group. The working group will work towards establishing an industry-sponsored, self-regulatory organization (SRO) to oversee virtual commodity marketplaces, the group said on Monday. The VCA will develop a framework for industry best […]
  The post Cryptocurrency Exchanges Join Hands to Form Self-Regulatory Organization appeared first on
  
  Read more

• Winklevoss Effort to Self-Regulate Cryptocurrency Gets Members - Wall Street Journal

  21-08-2018 20:13 via wsj.com
  Wall Street Journal
  Winklevoss Effort to Self-Regulate Cryptocurrency Gets Members
  Wall Street Journal
  Several cryptocurrency exchanges have signed on to what appears to be the industry's first self-regulatory organization, a step toward transparency in the notoriously opaque and volatile market. The Virtual Commodity Association, a group founded by ...
  Cryptocurrency exchanges form self-regulatory groupThe Hill
  This Winklevoss-led industry group hopes it can calm the cryptocurrency Wild W
  
  Read more

• Bitcoin Price Intraday Analysis: BTCUSD Breaks Ascending Triangle

  21-08-2018 20:05
  Bitcoin price on Tuesday continued to stay capped by a stiff resistance near $6,500. The BTC/USD pair started off today with a near-term bullish correction from intraday support near 6232-fiat. The upside looked strong during the Asian trading session and was able to go above 6500-fiat by the afternoon. However, the presence of a firm … Continued
  The post Bitcoin Price Intraday Analysis: BTCUSD Breaks Ascending Triangle appeared first on CCN
  
  Read more

• Bithumb to Refund New Users up to 70% on Fees

  21-08-2018 19:39
  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. New users outside Korea to be reimbursed for transaction fees incurred when depositing cryptocurrency on the exchange within the event period. For a limited time, Bithumb, a global … Continued
  The post Bithumb to Refund New Users up to 70% on Fees appeared first on CCN
  
  Read more

• Interactive Map for Cryptocurrency Taxation Launched

  21-08-2018 19:34
  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
  The post Interactive Map for Cryptocurrency Taxation Launched appeared first on CCN
  
  Read more

• Cindx Crypto Asset Management Hub Adopts Bancor Protocol

  21-08-2018 19:24
  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 … Continued
  The post Cindx Crypto Asset Management Hub Adopts Bancor Protocol appeared first on CCN
  
  Read more

• BitTorrent Inventor Calls it Quits Following Tron Acquisition

  21-08-2018 18:55
  BitTorrent inventor Bram Cohen has called it quits at the project he started nearly two decades ago following its acquisition by Justin Sun, creator of the Tron cryptocurrency. Industry publication TorrentFreak reports that Cohen, who created the peer-to-peer BitTorrent protocol in 2001 and founded BitTorrent Inc. in 2004, has cut ties with the project. “I … Continued
  The post BitTorrent Inventor Calls it Quits Following Tron Acquisition appeared first on CCN
  
  Read more

• Crypto Media Banned From WeChat In Sudden Online Sweep

  21-08-2018 18:52
  Blockchain and cryptocurrency media accounts in China have been banned on WeChat, the messenger app owned by Tencent.
  
  Read more

• Bitcoin millionaires the Winklevoss twins launch cryptocurrency organisation - Telegraph.co.uk

  21-08-2018 18:35 via telegraph.co.uk
  Telegraph.co.uk
  Bitcoin millionaires the Winklevoss twins launch cryptocurrency organisation
  Telegraph.co.uk
  Cameron and Tyler Winklevoss, the cryptocurrency millionaire twins best known for suing Mark Zuckerberg over the creation of Facebook, have launched a push to legitimise the controversial world of digital currencies such as Bitcoin. The Virtual ...and more »
  
  Read more

• 'Financially ruined': Cryptocurrency investors learn hard lessons after Bitcoin boom busts - Financial Post

  21-08-2018 18:23 via business.financialpost.com
  Financial Post
  'Financially ruined': Cryptocurrency investors learn hard lessons after Bitcoin boom busts
  Financial Post
  SAN FRANCISCO — Pete Roberts of Nottingham, England, was one of the many risk-takers who threw their savings into cryptocurrencies when prices were going through the roof last winter. Now, eight months later, the US$23,000 he invested in several ...
  Cryptocurrency investors lose thousands of dollars, but many hope value may riseMoneycontrol.comall 5 news articles&n
  
  Read more

• Phoneum Is a True Mobile-Only Cryptocurrency and Mining Solution

  21-08-2018 18:12
  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 Phoneum Is a True Mobile-Only Cryptocurrency and Mining Solution appeared first on CCN
  
  Read more

• Bitcoin 'hodlers' await next cryptocurrency growth spurt - Deutsche Welle

  21-08-2018 18:01 via dw.com
  Deutsche Welle
  Bitcoin 'hodlers' await next cryptocurrency growth spurt
  Deutsche Welle
  Social Media influencers may be predicting an "insane recovery" soon in the value of Bitcoin and other cryptocurrencies, but many would-be investors can only look longingly at last December's $19,764 (€17,154) price, and wonder 'What have I just missed?'
  Bitcoin buster? The search for a more stable cryptocurrencyBBC News
  Crypto investors face financial RUIN after £470BN wiped from digital tokens si
  
  Read more

• Electrominer Is Taking a New Approach in Cryptocurrency Mining

  21-08-2018 18:00
  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
  The post Electrominer Is Taking a New Approach in Cryptocurrency Mining appeared first on CCN
  
  Read more

• Wallstreet Banks and Goldman Sachs Pour in $32 million for EBS

  21-08-2018 17:57 via crypto-news.net
  It seems as if the words of Elizabeth Stark, CEO of Lightning Labs, are coming true and we are just entering the Word of “bitcoin not blockchain”. However, it is quite evident that the global banking confederacy is not willing to give up or even diminish its sheer support for blockchain based products and Dapps.
  Axoni, an Enterprise Blockchain Startup (EBS) which was started back in 2013, has just engineered a deal worth $32 million. This cash inflow happens to be a series B funding
  
  Read more

• England’s Biggest Football Clubs Ink eToro Sponsorship Deals in Bitcoin

  21-08-2018 17:57
  Global online investment platform eToro, which notably offers cryptocurrency trading, has inked partnerships with seven major Premier League football clubs – all paid for in bitcoin. Major clubs playing in the world’s most-televised football league – watched by billions – could soon be using bitcoin to buy players from the global transfer market after opening
  The post England’s Biggest Football Clubs Ink eToro Sponsorship Deals in Bitcoin appeared first on CCN
  
  Read more

• Bitcoin ABC Calls nChain’s Bluff, Vows to Proceed with Contentious Hard Fork Upgrade

  21-08-2018 17:17
  Bitcoin Cash development team Bitcoin ABC isn’t backing down from its plan to release a contentious software upgrade in November, despite vows from other development teams and at least one major mining pool to continue using software that is incompatible with the new ABC client. On Monday, Bitcoin ABC released version 0.18.0 of its full
  The post Bitcoin ABC Calls nChain’s Bluff, Vows to Proceed with Contentious Hard Fork Upgrade appeared first on CCN
  
  Read more

• How Coinbase Will Continue to Bring in Institutional Investors Into Crypto

  21-08-2018 17:07 via newsbtc.com
  Adam White, the vice president and general manager at Coinbase, has recently reaffirmed the company’s long-term strategy to lure in institutional investors into the crypto market.
  The official statement of White was released after Coinbase, the world’s largest cryptocurrency brokerage and wallet platform, released the industry’s first suite of institutional products, targeting large-scale investors in the traditional finance sector.
  Creating the Next Institutional Rally
  In an o
  
  Read more

• Apple Co-Founder Steve Wozniak Joins Crypto Startup Equi: Report

  21-08-2018 17:00
  Apple co-founder Steve Wozniak said Tuesday that he's now working with investment-focused crypto startup Equi, though his role is as yet unclear.
  
  Read more

• Why Tolar HashNET?

  21-08-2018 16:51
  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. Blockchain is the fastest-growing digital technology which has been changing the face of business across the world. Three years ago, the team behind Tolar has asked one simple
  The post Why Tolar HashNET? appeared first on CCN
  
  Read more

• The Bitcoin Dip: Buy, Sell, or HODL?

  21-08-2018 16:39
  Buying Bitcoin is an art form much like investing as the value of the coin regularly fluctuates throughout the day
  
  Read more

• Tencent, Softbank, Deny Investing in Bitmain’s Latest Funding Round

  21-08-2018 16:11
  Bitmain’s latest funding round is quickly becoming a lot less star-studded. Hong Kong-based financial publication AAStocks reports that both Tencent and Softbank have issued public statements denying their participation in the bitcoin mining giant’s latest funding round, which multiple outlets had said was expected to raise $1 billion. Chinese publication QQ had earlier reported that
  The post Tencent, Softbank, Deny Investing in Bitmain’s Latest Funding Round appeared first on
  
  Read more

• Big Investors Deny Involvement In Crypto Miner Bitmain's Pre-IPO Funding

  21-08-2018 16:00
  Following reports of Bitmain closing a $1 billion pre-IPO investment round, some notable investors have disputed their alleged participation.
  
  Read more

• eToro Adds IOTA, Brings Number of Available Crypto Assets to 12

  21-08-2018 15:45 via feedproxy.google.com
  
  eToro, a global trading and investment platform, has announced the addition of IOTA to its list of crypto assets, bringing the total number available to 12. The move to add the 11th-ranked cryptocurrency by market cap comes as investors seek more diversity with their portfolios. IOTA is now available on the platform alongside Bitcoin, Ethereum, […]
  The post eToro Adds IOTA, Brings Number of Available Crypto Assets to 12 appeared first on Coinjournal.
  
  Read more

• South Korea Lawmakers Discuss ICO, Cryptos During Extraordinary Session: Report

  21-08-2018 15:19
  South Korea has commenced an extraordinary session in the National Assembly to discuss regulation and measures to promote the cryptocurrency industry alongside ICO guidelines to eventually overturn the ongoing ban. According to a Business Korea report on Monday, the short session – extraordinary sessions cannot exceed 30 days – in South Korea’s National Assembly will
  The post South Korea Lawmakers Discuss ICO, Cryptos During Extraordinary Session: Report appeared first on CCN
  
  Read more

• New Partnership Allows Australians to Pay Bills in Cryptocurrency - newsBTC

  21-08-2018 15:06 via newsbtc.com
  newsBTC
  New Partnership Allows Australians to Pay Bills in Cryptocurrency
  newsBTC
  Holders of cryptocurrencies in Australia will now be able to pay their bills in cryptocurrencies, thanks to a new partnership between cryptocurrency exchange, Cointree, and automated billing platform, Gobill.
  Cointree and Gobbill partner to let Aussies pay their bills with cryptocurrencyThe Australian Financial Review
  Gobbill has partnered with Cointree crypto exchange and walletGobbillall 32 news articles &r
  
  Read more

• New Partnership Allows Australians to Pay Bills in Cryptocurrency

  21-08-2018 15:00 via newsbtc.com
  Holders of cryptocurrencies in Australia will now be able to pay their bills in cryptocurrencies, thanks to a new partnership between cryptocurrency exchange, Cointree, and automated billing platform, Gobill.
  New Partnership Opens Crypto Doors
  Cointree, in a tweet, recently announced its partnership with Gobill which would enable cryptocurrency holders to settle their household bills with a wide range of cryptocurrencies. As a part of the agreement, Gobill will take users’ cryptocurrency f
  
  Read more

• eToro to Pay for Major UK Soccer Sponsorship Deal With Bitcoin

  21-08-2018 15:00
  Online investment platform eToro has inked a deal that will see it use bitcoin to pay for sponsorship at seven Premier League soccer teams.
  
  Read more

• Tokens Record Losses as Major Cryptos Struggle; Bitcoin Stable at $6,500

  21-08-2018 14:34
  Usually, stability in the Bitcoin price leads to an increase in the momentum of tokens. On August 21, tokens recorded the largest losses in the global crypto market. Tokens Unstable In the past 24 hours, tokens such as Tezos, Kin, Ark, Basic Attention Token (BAT), and Aelf (ELF) declined by 5 to 15 percent against
  The post Tokens Record Losses as Major Cryptos Struggle; Bitcoin Stable at $6,500 appeared first on CCN
  
  Read more

• DApps in Decline As Crypto Markets Extend Losses

  21-08-2018 14:00 via newsbtc.com
  You hear it all the time — “decentralized apps (DApps) are the future of the internet and blockchain.” But according to a recently reported statistics, DApps have been slow to garner interest from the average crypto user, like you or I.
  Decentralized App User Count Plummets 56% Since January’s Highs
  Decentralized applications, smart contracts, and the like have been touted as the future of the internet for years on end. But while many industry leaders have openly endorsed
  
  Read more

• Steve Wozniak seems to have terrible taste in cryptocurrency - TNW

  21-08-2018 13:42 via thenextweb.com
  TNW
  Steve Wozniak seems to have terrible taste in cryptocurrency
  TNW
  Apple co-founder Steve Wozniak has apparently revealed that he is finally working closely with a cryptocurrency – and if the reports are true, oh boy, could he have chosen better. Wozniak, now a popular tech-celeb, has been attending blockchain ...
  Woz wades into murky cryptocurrency watersCult of Mac
  Exclusive Interview: Apple Co-Founder Steve Wozniak Talks Blockchain, Reveals Upcoming Involvement with Crypto ...Nu
  
  Read more

• Winklevoss Twins Create Self-Regulatory Organisation for Crypto Firms

  21-08-2018 13:35
  The inaugural meeting of the Virtual Commodity Association will be held in September.
  
  Read more

• 150-Year-Old MetLife Pilots Diabetes Insurance Payments on a Blockchain in Singapore

  21-08-2018 13:31
  MetLife has started tests on an automated insurance solution that will see enrolled pregnant women in Singapore get an automatic payout in case they are diagnosed with gestational diabetes. Developed by LumenLab, the innovation center of MetLife Asia, the experimental product known as ‘Vitana’ will make it unnecessary for enrollees of the insurance cover to
  The post 150-Year-Old MetLife Pilots Diabetes Insurance Payments on a Blockchain in Singapore appeared first on CCN
  
  Read more

• ‘Bitcoin Jesus’ Roger Ver Still Struggling to Bring Bitcoin Cash Forward

  21-08-2018 13:00 via newsbtc.com
  Roger Ver, the digital currency enthusiast known as ‘Bitcoin Jesus’ is still struggling to win converts to his preferred coin Bitcoin Cash (BCH), this evident as blockchain analytics firm Chainalysis claims that BCH is barely being used in commerce.
  Bitcoin Cash Continues to Struggle
  Chainalysis came to its findings due to a review of payments received by the world’s 17 largest crypto merchant processing services, platforms like BitPay, Coinify, and GoCoin.The findings showed t
  
  Read more

• Rally Ahead? Bitcoin's Price May Be Charting a Previous Bull Pattern

  21-08-2018 12:33
  Bitcoin is mimicking the price action witnessed in early April, which indicates the corrective rally could gather pace in the next few days.
  
  Read more

• Russian company converts former fertilizer lab into country's largest cryptocurrency farm - TNW

  21-08-2018 12:32 via thenextweb.com
  TNW
  Russian company converts former fertilizer lab into country's largest cryptocurrency farm
  TNW
  It appears that Russia is ready to challenge China's monopoly over cryptocurrency mining. A Russian company has converted a former fertilizer laboratory into the country's purported largest cryptocurrency mining operation. The unit, named ...
  Former Soviet fertiliser laboratory reopens as Russia's largest cryptocurrency farmSouth China Morning Postall 6 news articles »
  
  Read more

• ‘Bitcoin? Hope and Hype’: Swiss Stock Exchange Isn’t Adding Crypto to Crypto Assets Exchange

  21-08-2018 12:25
  Cryptocurrency trading will not be part of the features of Swiss stock exchange’s new digital asset platform. This decision is not due to the lack of capacity to implement such, but basically an issue of priority. “The capability is there to do it, but to be honest it’s not a priority. There are plenty of
  The post ‘Bitcoin? Hope and Hype’: Swiss Stock Exchange Isn’t Adding Crypto to Crypto Assets Exchange appeared first on CCN
  
  Read more

• $24 Million Thai Bitcoin Scam Involves Renowned Investor and TV Actor

  21-08-2018 12:00 via newsbtc.com
  Renowned stock exchange investor Prasit Srisuwan claimed to be a damaged party in the case of a $24 million bitcoin scam that victimized Finnish national Aarni Otava Saarimaa. Srisuwan recommended Saarimaa to invest in DNA 2002 Plc shares, a bitcoin-related business, for its high-growth potential. He brokered the deal, but never managed to deliver the stock after taking the money.
  Fraud Worth $24 Million In Bitcoin Exposes Prominent Names In Thailand
  A cryptocurrency investment scam in Thailand
  
  Read more

• Energy Firm Discloses Major Crypto Losses Amid Blockchain Rebrand

  21-08-2018 11:30
  A publicly owned firm chaired by a Chinese billionaire lost millions through crypto investments, yet it's still seeking to rebrand around the tech.
  
  Read more

• Brain Drain: The Crypto Industry is Poaching Wall Street Executives

  21-08-2018 11:20
  Wall Street has lost some of its top talent to the crypto industry. What does this mean for both sectors?
  
  Read more

• No Recovery For Crypto Markets as Altcoins Dump Again

  21-08-2018 11:15 via newsbtc.com
  FOMO Moments
  Markets are receding again; EOS and Tezos falling, Iota and Lisk staying afloat.
  In a pattern we have witnessed countless times this year the market rally could not be sustained and cryptos have dumped again. Red dominates the boards this morning as total market capitalization wipes out the last few days’ gains and drops back below $215 billion.
  Bitcoin has remained stable and has not dropped with the rest of the altcoins. It is still trading at $6,470, the same level it has b
  
  Read more

• South Africa’s Tax Agency Targets Tax-Evading Cryptocurrency Traders

  21-08-2018 10:58
  South Africa’s tax agency is looking into methods for identifying tax-dodging cryptocurrency traders, the acting head of the authority has revealed. The South African Revenue Service (SARS) is studying ways to spot non-compliant cryptocurrency traders in order to investigate any scenario of failure to declare profits from investments, acting Commissioner Mark Kingon said while speaking
  The post South Africa’s Tax Agency Targets Tax-Evading Cryptocurrency Traders appeared first on CCN
  
  Read more

Follow @CryptoNewslock on Twitter!