Cryptocurrency news

• U.S. Lawmaker Tulsi Gabbard Discloses Ethereum And Litecoin Investments

  22-08-2018 23:40
  U.S. Rep. Tulsi Gabbard (D-HI) has become the second congressperson to disclose cryptocurrency investments, reporting holdings of both ethereum and litecoin. Virginia Republican Robert Goodlatte became the first lawmaker to disclose cryptocurrency holdings in May. Gabbard reported purchasing between $1,000 and $15,000 of both ETH and LTC in a financial disclosure report filed with the clerk of
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• Ripple CTO Says XRP Ledger is Completely Decentralized

  22-08-2018 23:30 via newsbtc.com
  Ripple Labs, Inc. has long been on the defensive against claims from cryptocurrency pundits and investors who believe that its native token, XRP, will be viewed as a security by the U.S. Securities and Exchange Commission (SEC) due to its seemingly centralized design.
  However, Ripple’s Chief Technology Officer David Schwartz aims to set the record straight about XRP’s “inherently decentralized nature.”
  Ripple CTO Dives into the Topic of Decentralization
  Decentralization b
  
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• Canadian Government Launches Ethereum Block Explorer

  22-08-2018 23:15
  The National Research Council of Canada (NRC) has launched a blockchain explorer built on Ethereum. According to a news release, the organization said the blockchain explorer application, dubbed Catena, was developed by Bitaccess and will be hosted by its Industrial Research Assistance Program on the InterPlanetary File System (IPFS). This makes the hosted data always
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• Payment Professionals Wary of Cryptocurrencies: TD Bank Survey

  22-08-2018 23:07 via feedproxy.google.com
  
  A survey conducted by TD Bank at the 2018 NACHA Payments Conference found that despite the hype around cryptocurrencies in the media, payments professionals remain vigilant of cryptocurrencies and hold a strong view against their validity. 64% of the polled finance professionals said that they did not view cryptocurrencies as a legitimate form of digital […]
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• China Bans All Crypto-Related Events and Begins to Crack Down on Social Media

  22-08-2018 22:29 via crypto-news.net
  China’s government has issued a ban on all crypto-related events in the country. This move, although not surprising, adds confusion to China’s already controversial position on cryptocurrency. Although the Chinese leadership considers decentralized crypto a threat, it also appears to appreciate the benefits of blockchains. The result has been a series of conflicting policies and actions that, without clarification, could cause economic turmoil moving forward.
  This crypto event ban is
  
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• ‘Bitcoin Craig’: Ethereum Creator Buterin Lambasts nChain’s Planned BCH Fork

  22-08-2018 22:17
  The creator of the world’s second-largest cryptocurrency has weighed in on the burgeoning hard fork dispute within the Bitcoin Cash community. Writing on Twitter, outspoken Ethereum creator Vitailk Buterin said that the Bitcoin Cash community should avoid the temptation to compromise with nChain chief scientist Craig Wright, whose firm has more or less threatened to
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• Blockchain ETF Offers Investing Solution in Household Names

  22-08-2018 22:00 via newsbtc.com
  A newly introduced ETF gives investors the ability to invest in corporations that are heavily involved with blockchain technology, all from behind the safety of a more stable and regulated environment.
  First Block Capital is a Vancouver-based investment firm that is currently in the final stages of releasing their exchange-traded fund product – FCB Digital Ledger Technology Adopters ETF – which will provide investors with an onramp into the blockchain industry from their traditional
  
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• Android App Scam Tricks Users into Buying Fake Ethereum

  22-08-2018 21:22
  If you are an Android user looking to download cryptocurrency applications, be careful of malicious app developers masquerading themselves as legitimate sources. Tricksters are taking advantage of the cryptocurrency hype, especially among the amateurs who want to hold some bullish tokens. In one of such malicious attempts, a company by an eye-catching name of Google
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• FTC Issues Warning on Bitcoin Blackmail Scams

  22-08-2018 21:00
  The U.S. Federal Trade Commission (FTC) is warning consumers warns about a new type of bitcoin scam aimed at blackmailing men.
  
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• Dash Sees Surging Adoption Rates in Hyperinflation Stricken Venezuela

  22-08-2018 20:45 via newsbtc.com
  The cryptocurrency Dash is becoming more widely used and accepted in Venezuela. The nation’s economy has long suffered under socialist guidance, and hyperinflation is forcing citizens to look for alternatives.
  Two Hundred New Merchants a Month Using Dash
  The South American country of Venezuela is seeing surging rates of both merchant and consumer adoption of the cryptocurrency Dash. The latest round of government measures aimed at stabilising the economy have seen the nation’s tradit
  
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• This Morning’s Bitcoin Price Pump Was Fueled by $100 Million in New Tethers

  22-08-2018 20:14
  Early this morning, the bitcoin price leaped nearly $300 in just one minute, spurring a rally that carried the flagship cryptocurrency from $6,466 to $6,899 during a frenzied half-hour of trading. Analyzing Wednesday’s Bitcoin Price Pump Unfortunately, BTC proved unable to sustain that level, and after tapering off throughout the morning and early afternoon, the
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• WeChat Blocks Crypto-Related Accounts, Suspends Huobi News, Coindaily

  22-08-2018 20:13
  WeChat’s mobile payment service has been one of the largest access channels to cryptocurrency exchanges.
  
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• WeChat Blocks Accounts Related to Cryptocurrency: Huobi News, Coindaily Suspended

  22-08-2018 20:13
  WeChat’s mobile payment service has been one of the largest access channels to cryptocurrency exchanges.
  
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• Indian Municipal Corporations Are Going to Issue Birth Certificates on Blockchain!

  22-08-2018 19:49 via newsbtc.com
  Several government bodies in India recently adopted Lynked.World’s exciting new platform in an effort to simplify citizen engagement and identification processes in the country. The company, based in Hoofddorp, Netherlands, offers a blockchain ID verification solution for everyday citizens, employers, higher education administrators, and governments. The app is already available to anyone via the App Store or Google Play.
  Lynked.World is a blockchain-based technology that allows users to d
  
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• US Congresswoman Reveals She Bought Ether and Litecoin Last Year

  22-08-2018 19:48
  Hawaiian Representative Tulsi Gabbard bought more than $1,000 each of ethereum and litecoin last December, according to a public filing.
  
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• Revolut Launches Metal Debit Card With Cashback in Cryptocurrency

  22-08-2018 19:08
  Today, Revolut launched a new metal debit card available to premium customers that allows them to withdraw up to 1% cashback in either fiat or cryptocurrency on transactions outside Europe, or 0.1% of any transaction within Europe. Revolut is a prepaid debit card service based in the UK that enables customers to receive, send, and withdraw money
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• eToro Brings Bitcoin to Football

  22-08-2018 18:49
  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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• Atlas Protocol Secures Multi-Million Investment Led by Softbank China Capital, Defining Blockchain Interactive Advertising

  22-08-2018 18:40
  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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• Digitex Releasing Exchange to the Top 5000 on Waitlist with 5M DGTX Airdrop!

  22-08-2018 18:34
  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
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• Newsflash: Bitcoin Price Analysis – Bullish Territory Before a Sharp Fall Near $6,400

  22-08-2018 18:22
  At last, Bitcoin price stopped taking strikes from its crucial resistance level near $6,500 and went for a home run, instead. Then, the referee called it a foul. In simple words, Bitcoin crashed towards the same consolidation range that was holding it before the upside breakout. The BTC/USD on Wednesday attempted a strong upside breakout, rising as
  The post Newsflash: Bitcoin Price Analysis – Bullish Territory Before a Sharp Fall Near $6,400 appeared first on CCN
  
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• MetLife Asia Affiliate Trials Blockchain Insurance Product

  22-08-2018 18:15
  MetLife Asia affiliate LumenLab has successfully trialed a blockchain-powered insurance product to offer financial protection to pregnant women.
  
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• China Bans All Crypto Events After Spending $3 Billion to Fund Blockchain Startups

  22-08-2018 17:50 via newsbtc.com
  The Chinese government has banned all commercial crypto and blockchain-related events in the region, after encouraging local financial authorities to speed up the development of blockchain technology.
  Red Li, the co-founder of 8BTC and Chinese cryptocurrency researcher, shared a document released by the Chaoyang District government in Beijing, which ordered local financial authorities and police to ban offices and hotels from hosting crypto-related events.Beijing Chaoyang release a file to ban o
  
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• Does Beijing’s Commercial Crypto Ban Signal a Further Govt. Crackdown?

  22-08-2018 17:31
  Commercial venues located in Beijing’s bustling downtown district have been banned from hosting cryptocurrency events, igniting speculation over whether China’s government is moving to tighten the noose on the industry, which continues to thrive despite last year’s trading ban. According to a report published on Chinese-language outlet QQ, local authorities in Beijing’s Chaoyang district have
  The post Does Beijing’s Commercial Crypto Ban Signal a Further Govt. Crack
  
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• Analyst Questions Bitmain's Revenue as Crypto Miner Seeks IPO

  22-08-2018 17:16
  Crypto mining giant Bitmain may be losing its advantage in developing miners amid other potential cash-flow issues, according to Alliance Bernstein.
  
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• CoinMarketCap to Provide Vela with Cryptocurrency Data

  22-08-2018 16:54
  The cryptocurrency world's most trusted price index keeps making moves to become more attractive to big businesses.
  
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• BitMEX Downtime Crypto Pump: Manipulation in the Bitcoin Market?

  22-08-2018 16:29
  As cryptocurrency exchange BitMEX initiated its scheduled maintenance on August 22, the Bitcoin price surged by 4 percent, during a period in which crypto traders could no longer short the dominant crypto. Analysts have stated that the strong rally of Bitcoin in the two-hour period during which BitMEX was temporarily down was not a coincidence.
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• Coinbase's Wallet Service Now Lists Ink Protocol's New Payments Dapp

  22-08-2018 16:00
  Ink Protocol announced Tuesday that its decentralized payments app, Ink Pay, is now available on Coinbase Wallet.
  
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• Australians Can Now Pay Utility Bills with Cryptocurrency

  22-08-2018 15:50
  A cryptocurrency exchange and bill payment company have partnered to offer the new service.
  
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• ICOs an ‘Unsustainable Financial Bubble’: Jihan Wu

  22-08-2018 15:44
  The founder of the world’s most valuable cryptocurrency company said that he does not believe the initial coin offering (ICO) funding model will prove to be anything more than a fad. Jihan Wu, CEO of bitcoin mining conglomerate Bitmain, made this claim during an interview with CoinGeek, arguing that the so-called ICO bubble is “unsustainable”
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• Venues Banned from Hosting Crypto Events in Beijing's Finance District

  22-08-2018 15:00
  Commercial properties in downtown Beijing have been ordered not to provide venues for events that promote cryptocurrency.
  
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• Beijing Bans Venues from Hosting Crypto Promotion Events

  22-08-2018 15:00
  Commercial properties in downtown Beijing have been ordered not to provide venues for events that promote cryptocurrency.
  
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• Crypto Exchange BitMEX Rents World’s Most Expensive Offices in Hong Kong

  22-08-2018 14:36
  Bitcoin may not be reaching for the ‘moon’ [yet] but BitMEX is reportedly going after something else whose price has been skyrocketing – offices in Hong Kong. According to the Hong Kong Economic Times, leveraged bitcoin trading firm BitMEX has just taken occupancy of the most expensive offices in the world. Per the business publication,
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• A Pathway to Everyday Use of Cryptocurrency? - PaymentsJournal

  22-08-2018 14:36 via paymentsjournal.com
  PaymentsJournal
  A Pathway to Everyday Use of Cryptocurrency?
  PaymentsJournal
  On Friday, August 3, 2018, Intercontinental Exchange (the parent company of the New York Stock Exchange) announced that it will be forming a new company, Bakkt. According to the statement, Bakkt is being formed to “create an integrated platform that ...and more »
  
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• EOS Maintains its Spot as the Best Blockchain Project in the New Rankings Released by Two Chinese Research Bodies

  22-08-2018 14:21 via crypto-news.net
  EOS maintains its spot as the number one blockchain project in the most recent ranking by two Chinese institutions. The second, third, and fourth places go to Ethereum, Komodo, and Nebulas, respectively. And Bitcoin has entered the top ten list for the first time since the rankings began in may this year, rising from 16th place in July, and spurring a major improvement over a period of just one month.
  These rankings are created by the China Electronic Information Industry Development Research In
  
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• Fintech Startup Revolut Launches Cryptocurrency Supported Debit Card

  22-08-2018 14:00 via newsbtc.com
  The widespread use of a new financial instrument in day-to-day transactions have long been hailed as the holy grail for any early-stage asset class, crypto included. And with a recent announcement, crypto has tentatively moved one step closer to becoming a widely-accepted medium of exchange.
  Revolut & Crypto — A Match Made In Heaven
  On Tuesday, European fintech startup Revolut announced the arrival of Revolut Metal, which is evidently the firm’s next step in tackling the traditio
  
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• BitMEX Rents World’s Most Expensive Skyscraper, Rising Status of Crypto Exchanges

  22-08-2018 14:00 via newsbtc.com
  Popular crypto exchange BitMEX, widely recognized for its Bitcoin and Ethereum margin trading system, has rented out the world’s most expensive skyscraper located in Hong Kong.
  Experts have said that the expansion of BitMEX from Seychelles to Hong Kong demonstrates an improvement in the status of crypto exchanges as regulated financial institutions in a rapidly growing market.
  Why Hong Kong Move is Monumental
  Earlier this week, BitMEX rented out the 45th floor of the Cheung Kong Center, th
  
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• A Crypto Card Game Is Testing Magic's Records – And It Hasn't Even Launched

  22-08-2018 14:00
  An ethereum-based trading card recently flirted with Magic: the Gathering's record, selling for $60,000 at auction.
  
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• Ibinex Joins Australian Blockchain Group, Launches New Platform Version

  22-08-2018 13:59
  The white label distributor now offers a complete CRM system and EU regulation.
  
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• Thailand Embarks on Its Own Wholesale Central Bank Digital Currency

  22-08-2018 13:29
  In an announcement on Tuesday, the Bank of Thailand outlined a preliminary roadmap for ‘Project Inthanon’, its central bank digital currency (CBDC) initiative. The Bank of Thailand (BoT), the country’s central bank, is partnering 8 participating banks in a collaborative project that will use R3’s distributed ledger technology (DLT) platform Corda to build a proof-of-concept prototype … Continued
  The post Thailand Embarks on Its Own Wholesale Central Bank Digit
  
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• Bear Market: Cryptocurrency Investors Around the World are Feeling the Pinch - Blockonomi (blog)

  22-08-2018 13:13 via blockonomi.com
  Blockonomi (blog)
  Bear Market: Cryptocurrency Investors Around the World are Feeling the Pinch
  Blockonomi (blog)
  Bitcoin continues to be the subject of controversy among both educated financiers and the public. Some believe crypto will one day replace both fiat and credit cards and stand as the financial king of the monetary arena. Others, however, are convinced ...
  The potential risks and rewards of cryptocurrencyREMI Network - Real Estate Management Industry Networkall 22 news articles &
  
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• China Shuts Down Blockchain News Accounts on WeChat

  22-08-2018 13:00 via newsbtc.com
  In a fresh crackdown on cryptocurrency-related activities, China has blocked several blockchain-related news accounts on WeChat, one of its top social apps.
  WeChat Crypto Accounts Shuttered
  In 2017, China had imposed a ban on ICOs because of their unregulated nature and the scams associated with them. The recent ban has been imposed due to the accounts’ non-compliance with “national interests” and “public orders”, as the concerned accounts were found to be publishin
  
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• After Bitcoin Price Breakout, Pending ETF Decision May Cap Gains

  22-08-2018 13:00
  The uncertainty surrounding the US SEC's decision on bitcoin ETF could limit the upside in bitcoin despite the bullish technical breakout
  
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• UEFA Distributes Super Cup Tickets for Madrid Derby on a Blockchain

  22-08-2018 12:22
  The Union of European Football Associations (UEFA) has announced the successful trial of a blockchain ticketing system for last week’s Super Cup match between Real Madrid and Atlético Madrid. In a post on its website, European football’s governing body stated that a blockchain-based Android and iOs app was used to deliver tickets to mobile phones of … Continued
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• Steve Wozniak Proud to Be ‘Involved’ with Already-Failed ICO Project

  22-08-2018 12:16
  The co-founder of Apple could have chosen a better project than Equi Capital.
  
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• Steve Wozniak is Proud to Be “Involved” with Already-Failed ICO Project

  22-08-2018 12:16
  The co-founder of Apple could have chosen a better project than Equi Capital.
  
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• A Canadian Government Body Has Built an Ethereum Blockchain Explorer

  22-08-2018 12:00
  The National Research Council of Canada is using IPFS to host an ethereum blockchain explorer for grants and contributions.
  
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• $12 Billion Crypto Market Pump Already Receding

  22-08-2018 11:30 via newsbtc.com
  FOMO Moments
  Markets had a little spurt; Stellar, VeChain, Lisk and Nano benefiting.
  Crypto markets experienced a short spurt of energy a few hours ago when a seemingly manipulated pump added over $12 billion to total capitalization. They have already began to fall back however indicated that the bears are still in full control of things and the momentum was short lived.
  Bitcoin spiked to a peak of $6,800 eight hours ago when the BitMEX exchanged had a temporary outage causing anomalous trade vo
  
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• New ‘Blockchain Law Society’ Will Examine Legal Frameworks in South Korea

  22-08-2018 11:25
  As South Korean lawmakers discuss regulations and guidelines for the cryptocurrency sector, a group of domestic blockchain experts will establish a new society to study the legal aspects concerning the decentralized technology. Dubbed the ‘Blockchain Law Society’, the new organization will officially launch this Friday, August 24, according to a report from local publication Yonhap.
  The post New ‘Blockchain Law Society’ Will Examine Legal Frameworks in South Korea appeare
  
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• Thailand's Central Bank Is Developing a Digital Currency Based on R3 Tech

  22-08-2018 11:00
  The Bank of Thailand is developing its own digital currency, aiming to complete a first proof-of-concept by March 2019.
  
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• Bitcoin Price Watch: BTC/USD Breaks Key Resistance, Dips Remain Supported

  22-08-2018 11:00 via newsbtc.com
  Key PointsBitcoin price gained bullish momentum and surged above the $6,480 and $6,550 resistances against the US Dollar.
  Yesterday’s highlighted key bearish trend line was breached with resistance near $6,475 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair traded above the $6,900 and is currently correcting lower towards key supports.Bitcoin price broke key resistance at $6,550 against the US Dollar. BTC/USD is back in a bullish zone with a close above the $6,620
  
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