Cryptocurrency news

• Is Arizona on the cutting edge of cryptocurrency? - Phoenix Business Journal

  30-08-2018 23:58 via bizjournals.com
  Phoenix Business Journal
  Is Arizona on the cutting edge of cryptocurrency?
  Phoenix Business Journal
  It's been more than a year since Arizona Gov. Doug Ducey signed House Bill 2417 — the blockchain and smart contract effort — into law. Although Arizona is not the first state to address blockchain, the state continues to display consistent growth in ...
  
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• Walmart Wants to Build an Army of Autonomous Robots Controlled by Blockchain

  30-08-2018 23:50
  Retail giant Walmart has a plan to build an army of autonomous robots controlled and authenticated through a blockchain network. Documents published on Thursday by the US Patent & Trademark Office (USPTO) show that the Walmart has applied to patent a system that oversees the “in-field authenticating of autonomous robots.” The Bentonville, AR-based firm submitted
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• Venezuela's new cryptocurrency doesn't seem to exist - MIT Technology Review

  30-08-2018 23:24 via technologyreview.com
  MIT Technology Review
  Venezuela's new cryptocurrency doesn't seem to exist
  MIT Technology Review
  Venezuelan president Nicolás Maduro claims that sales of the petro, the supposedly oil-reserve-backed national cryptocurrency he launched in February, have already raised $3.3 billion, and that the coin is being used to pay for imports. But an ...
  Special Report: In Venezuela, new cryptocurrency is nowhere to be foundReuters
  Reuters: Venezuela's new “petro” cryptocurrency is non e
  
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• Report Finds Crypto Mining Incidents Have Risen 1000% in 2018

  30-08-2018 23:02 via feedproxy.google.com
  
  Cybersecurity company Trend Micro has revealed that between January and July 2018, its researchers detected unauthorized crypto mining attacks – also known as ‘cryptojacking’ – at a rate nearly 1000 percent higher than in the second half of 2017. The information was revealed in the company’s H1 2018 report titled “Unseen Threats, Imminent Losses.” From […]
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• Report Finds Venezuela’s Petro is Not Being Used in the Country

  30-08-2018 23:00 via newsbtc.com
  Following the creation of Venezuela’s state-backed cryptocurrency, the Petro, citizens in the economically tumultuous country say that use of the Petro is nowhere to be found.
  The new investigative report from Reuter’s comes just a couple weeks after President Maduro declared it as the second national currency and mandated that banks adopt it as a traditional currency.
  The Petro was seen by the government as the solution to the country’s economic issues, which include the hyper
  
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• Playboy Fights in Court over Failed Blockchain Promises

  30-08-2018 23:00 via crypto-news.net
  LA Times reports on August 14 that Playboy is suing a Canadian company called Global Blockchain Technologies, to contest two claims, one for fraud and one for a breach of contract. There are some inconsistencies in the ways the press approached the story, and if you want to find out more about that or the story itself read on, it’s all here.
  The original contract was created between both entities in March, and it detailed the responsibilities for GBT to integrate blockchain technology into
  
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• Why Andreessen Horowitz Made its Biggest Investment in Crypto to Date

  30-08-2018 22:58
  Created by Google, Microsoft, and Intel engineers, Dfinity Foundation is set to be the crypto sector’s biggest private token sale of 2018 valued at $2 billion. Andreessen Horowitz (A16Z) made its largest investment in the crypto sector to date through its two-month old cryptocurrency fund. A16Z was amongst five investment firms including the $1 billion
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• Venezuelan President Maduro Orders Banks to Adopt Crypto ‘Petro’

  30-08-2018 22:17
  The president of Venezuela, Nicolas Maduro, has reportedly ordered banks in the South American country to adopt the oil-backed state cryptocurrency, the petro, as a unit of account, according to Agence France-Presse. Per a resolution passed by Sudeban, Venezuela’s banking sector regulator, financial institutions in the country will now be required to ensure that their
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• Kingdom Trust Partners with Insurance Firm for Its Digital Asset Custodial Services

  30-08-2018 22:00 via newsbtc.com
  A U.S.-based multi-asset custody firm has announced that it will launch a fully insured storage option for clients seeking to secure their digital currency holdings. To facilitate this, Kingdom Trust has partnered with the respected insurer Lloyd’s of London.
  Kingdom Trust Brings Much Needed Insured Custody Solutions to Crypto
  For those not technically minded, storing digital assets securely can be something of a nightmare.
  Firstly, private keys need to be generated in a completely offline
  
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• Ripple Scores Small Win Against Investors Claiming XRP Is a Security

  30-08-2018 21:21
  Ripple saw a victory Wednesday as a lawsuit against it received a "complex" designation, meaning it will be coordinated with another case.
  
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• Coinbase Uses Electromagnetic Signal Blocking Tents to Secure Cryptocurrencies

  30-08-2018 21:00 via newsbtc.com
  It’s common knowledge throughout the cryptocurrency community the safest and most secure way for individual investors to store digital assets is via cold storage. This is either through a hardware wallet like the Ledger S Nano, an air-gapped Linux-based computer, or a paper wallet.However, according to a new exposé from Wired, leading cryptocurrency exchange, San Francisco-based Coinbase, uses similar cold storage methods, albeit with a few extra advanced security techniques to ensu
  
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• Ethereum Co-Founder Defends Tether Against Bitcoin Price Manipulation Claims

  30-08-2018 20:52
  One of the cryptocurrency community’s most respected voices is throwing his support behind tether (USDT), the controversial “stablecoin” that critics allege has been used to manipulate the bitcoin price. Joseph Lubin, an Ethereum co-founder, told Yahoo Finance that he “believes” USDT is backed by physical dollars at a 1 to 1 ratio, as the token’s
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• Fund Manager Defends Crypto, Finds It Nonsensical That Investors Would Trust Jordan Belfort

  30-08-2018 20:00 via newsbtc.com
  Mark Yusko, the chief investment officer at Morgan Creek Capital Partners, who manages over $1.5 billion in assets, fired back at crypto skeptics who have deemed Bitcoin and cryptocurrencies as a scam, including Jordan Belfort.
  Yusko’s investment firm recently launched a Digital Asset Index Fund following their partnership with Bitwise, a fund management company that offers a suite of cryptocurrency products, including indexes and now index funds. Because of his involvement in the cryptocu
  
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• Utility district raises cryptocurrency power rates - Capital Press

  30-08-2018 19:49 via capitalpress.com
  Capital Press
  Utility district raises cryptocurrency power rates
  Capital Press
  EPHRATA, Wash. — Electricity rates for cryptocurrency miners and other evolving-industry firms will increase 15 percent next year, 35 percent in 2020 and 50 percent in 2021 in Grant County. The new Rate 17, adopted Aug. 28 by Grant County Public ...and more »
  
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• Bitcoin Price Intraday Analysis: BTCUSD Drops towards Strong Support

  30-08-2018 19:45
  Bitcoin on Friday lost almost 3% of its value against the USD in a bearish correction attempt post the latest rally. The BTC/USD today continued to its downward trend from the previous high around 7132-fiat. The Asian session kept the price under strict watch, so the pair remained stable. But traders started losing patience at
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• Blockchain For Enterprise Enabler Unibright Announces Beta Release

  30-08-2018 19:43 via feedproxy.google.com
  
  A little more than three months after reaching its soft cap, the blockchain for enterprise enabler Unibright has made progress by signing strategic partnerships with tech giants including Microsoft and Lufthansa. Earlier this month, the company officially announced their first exchange listing with QRYPTOS chosen to list their token. Now the German-registered company has stated […]
  The post Blockchain For Enterprise Enabler Unibright Announces Beta Release appeared first on Coinjournal.
  
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• Bitcoin price: Expert says cryptocurrency must hold THIS price | City ... - Express.co.uk

  30-08-2018 19:42 via express.co.uk
  Express.co.uk
  Bitcoin price: Expert says cryptocurrency must hold THIS price | City ...
  Express.co.uk
  BITCOIN price hit above $7000 at the start of the week and one crypto trader has said that if the cryptocurrency holds around $7150 then it could be on its way ...and more »
  
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• Bitcoin Transactions Value Passes PayPal, Visa Next?

  30-08-2018 19:31
  The combined transaction value of all cryptocurrencies have a long road ahead to compete with Visa.
  
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• ICO Advisor Satis Claims $96K Bitcoin Price Possible in 5 Years

  30-08-2018 19:00
  An ICO advisory firm believes bitcoin's price might jump to $96,000 in the next five years, according to a new analysis of the crypto market.
  
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• CEX.IO Makes Wire Transfers Advantageous by Eliminating Commission

  30-08-2018 18:55
  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 CEX.IO Makes Wire Transfers Advantageous by Eliminating Commission appeared first on CCN
  
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• Centive Technologies Corporation Announces US$35 Million ICO

  30-08-2018 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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• Bitcoin Giant Bitmain Likely Losing Money, Still Has ‘Legendary’ Potential: BitMEX Research

  30-08-2018 18:38
  Poor business decisions and a prolonged bear market may have knocked it off its pedestal, but the world’s most valuable cryptocurrency is going to be alright. That’s according to a new report from BitMEX Research, which aims to provide a sober analysis on bitcoin mining giant Bitmain’s planned initial public offering (IPO), which will reportedly
  The post Bitcoin Giant Bitmain Likely Losing Money, Still Has ‘Legendary’ Potential: BitMEX Research appeared first on CCN
  
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• 13 Types Of Cryptocurrency That Aren't Bitcoin | Bankrate.com - Bankrate.com

  30-08-2018 18:08 via bankrate.com
  Bankrate.com
  13 Types Of Cryptocurrency That Aren't Bitcoin | Bankrate.com
  Bankrate.com
  Move over, bitcoin. The world of virtual currencies is getting very crowded with so-called altcoins. Bitcoin's explosion in prominence has led to the growth of ...and more »
  
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• Russian Lawmaker Suggests Gold-Linked Cryptocurrency for Arms Exports

  30-08-2018 17:32
  A senior Russian lawmaker has suggested that Moscow should turn to cryptocurrency, backed by gold, for payments in Russian arms exports to evade financial sanctions from the west. Prominent lawmaker Vladimir Gutenev, first deputy head of the economic policy Committee at the State Duma (the Russian Parliament’s lower chamber), has urged the Kremlin to suspend
  The post Russian Lawmaker Suggests Gold-Linked Cryptocurrency for Arms Exports appeared first on CCN
  
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• 5 Reasons Parkade Coins are a Smart Cryptocurrency Investment

  30-08-2018 17:24
  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
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• Giving Birth to PoI: “BIRC Makes Interactions Between Guests and Stores Valuable”

  30-08-2018 17:16
  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 Giving Birth to PoI: “BIRC Makes Interactions Between Guests and Stores Valuable” appeared first on CCN
  
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• VMWare Claims Greater Scalability With Open-Source Blockchain Project

  30-08-2018 17:00
  VMWare has revealed "Project Concord" – an open-source blockchain effort that addresses scaling issues by altering a common consensus algorithm.
  
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• IOTA Price Falls Nearly 20 Percent from Late August Peak

  30-08-2018 16:43
  The IOTA value on Thursday continued to trend downwards and fell more than 18 percent since its late August-high near $0.8154. The IOT/USD stated the early Asian trading session by breaking below a critical support level around 0.7294-fiat, opening a path of least support towards the next downside targets. As the session matured and the
  The post IOTA Price Falls Nearly 20 Percent from Late August Peak appeared first on CCN
  
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• Leaked Bitmain Pre-IPO Document Show Holes in Business Plan

  30-08-2018 16:35
  On the other hand, Bitmain's sheer size and efforts to diversify could see it through.
  
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• One Million TMTG Giveaway after IDCM Lists TMTG Token for Trading

  30-08-2018 16:34
  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
  The post One Million TMTG Giveaway after IDCM Lists TMTG Token for Trading appeared first on CCN
  
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• From Internet of Things to Blockchain: How Techs Heal Healthcare

  30-08-2018 16:26
  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. Healthcare should cure. But what if healthcare becomes sick? The World Health Organization reveals that about 45% of its Member States have less than 1 physician per 1000
  The post From Internet of Things to Blockchain: How Techs Heal Healthcare appeared first on CCN
  
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• Free-to-Play Crypto Mining Game Ether Kingdoms Finishes Beta Testing

  30-08-2018 16:22
  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. The free-to-play (F2P) business model has been part of the gaming landscape for some years now, with freemium being the most common variety. It allows a game developer
  The post Free-to-Play Crypto Mining Game Ether Kingdoms Finishes Beta Testing appeared first on CCN
  
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• CloudMoolah’s XMOO is Listed on Coinsuper

  30-08-2018 16:10
  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 CloudMoolah’s XMOO is Listed on Coinsuper appeared first on CCN
  
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• Tapping into Telegram: Bitcasino Launches Industry-First Log in and SOC Coin Integration

  30-08-2018 16:07
  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 Tapping into Telegram: Bitcasino Launches Industry-First Log in and SOC Coin Integration appeared first on CCN
  
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• India Eyes State Digital Currency to Cut $90 Million Banknote Bill

  30-08-2018 16:00
  The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country's huge spend on minting physical cash.
  
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• Spectre.ai Announces Details of their Revolutionary Platform to Eliminate Fraud, by Combining Commodity, Equity, Bond and Forex Trading

  30-08-2018 15:57
  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 Spectre.ai Announces Details of their Revolutionary Platform to Eliminate Fraud, by Combining Commodity, Equity, Bond and Forex T
  
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• World’s Largest Bitcoin Mining Pool Launches Ethereum Operation

  30-08-2018 15:54
  The world’s largest bitcoin mining pool is preparing to expand its horizons. BTC.com, which produced 21 percent of all newly-mined BTC over the past 12 months and currently accounts for more than 16 percent of the bitcoin hashrate, announced on Thursday that it has opened an ethereum mining pool. The pool will initially support both
  The post World’s Largest Bitcoin Mining Pool Launches Ethereum Operation appeared first on CCN
  
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• John McAfee Interview: ‘Bitcoin Will Become The Gold Standard’

  30-08-2018 15:30 via newsbtc.com
  In an interview with NewsBTC, John McAfee said Bitcoin will “skyrocket soon” to become “enormously valuable.” He also criticized social media sites for failing to stand up to the SEC which he described as “shadowy” and claims is “acting illegally.”
  McAfee: “Bitcoin Will Become the Gold Standard”
  McAfee defended his view that the bull market is “around the corner” by pointing out that its price has risen 42% since June 25. He
  
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• MyCrypto raises $4 million to simplify cryptocurrency wallets ... - VentureBeat

  30-08-2018 15:01 via venturebeat.com
  VentureBeat
  MyCrypto raises $4 million to simplify cryptocurrency wallets ...
  VentureBeat
  MyCrypto, an open source interface that simplifies the process of storing, sending, and receiving digital assets, today announced it has raised a $4 million round, ...
  MyCrypto Raises $4M Series A To Build Mass Gateway for Cryptocurrency UsersCrunchbase Newsall 13 news articles »
  
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• Polychain Leads Ether Wallet MyCrypto's $4 Million Fundraise

  30-08-2018 14:59
  Ethereum wallet service MyCrypto has raised $4 million in a Series A round led by Polychain Capital.
  
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• 8 Blockchain Projects Enlist Early to Test Secret Enigma Contracts

  30-08-2018 14:59
  Revealed exclusively to CoinDesk, Enigma's "secret contracts" privacy protocol has eight partners gearing up for its launch later this year.
  
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• Cyber Thugs Threaten CheapAir With Smear Campaign in Bitcoin Extortion Scheme

  30-08-2018 14:48
  Online travel agency CheapAir has been threatened with a smear campaign on social media unless it pays a ransom in bitcoin. The threat which was received last weekend demanded a ransom of US$10,000 in bitcoin or approximately 1.4BTC at current prices. Failure to do so, the threat stated, would result in a campaign aimed at … Continued
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• National Blockchain Platform to be Launched in Australia

  30-08-2018 14:30 via newsbtc.com
  Australia is fast establishing itself one of the global leaders of blockchain innovation. With a new blockchain initiative, Australian businesses will be able to leverage blockchain-powered legal smart contracts in various business processes for enhanced efficiency and transparency.
  Australian National Blockchain Platform to be Launched
  The initiative, labelled Australian National Blockchain (ANB), is being developed with the collaborative efforts of CSIRO’s Data61, law firm Herbert Smith
  
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• Elastos Unveils Merged Mining Partnership With Bitmain

  30-08-2018 14:08 via feedproxy.google.com
  
  Elastos, a blockchain-powered Internet infrastructure, has announced a merged mining partnership with Bitmain Technologies, a cryptocurrency mining specialist and hardware producer. Merged mining allows Bitcoin (BTC) and the ELA coin, Elastos’ token, to be mined simultaneously and more efficiently. BTC will serve as the parent chain while ELA will work as the auxiliary chain. The […]
  The post Elastos Unveils Merged Mining Partnership With Bitmain appeared first on Coinjournal.
  
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• Bitmain's BTC.com Is Launching an Ethereum Mining Pool

  30-08-2018 14:00
  BTC.com will now offer ethereum and ethereum classic mining pools, as well as a block explorer, the company announced Thursday.
  
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• $77 Million: Crypto Exchange Giant Huobi Gains Controlling Interest in Public Firm

  30-08-2018 13:55
  Crypto exchange giant Huobi has completed the purchase of majority shares of Hong Kong-based investment holding company, Patronics Holdings Limited (PHL). The development will see Huobi take over interest in an aggregate of 215,576,000 Shares, representing approximately 71.67% of the issued Shares as at the date of completing the transaction. Earlier this month, by the … Continued
  The post $77 Million: Crypto Exchange Giant Huobi Gains Controlling Interest in Public Firm appeared first on
  
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• Genesis Trading CEO: Bears Are Running Out of Steam, Bitcoin at $10,000 is Likely

  30-08-2018 13:30 via newsbtc.com
  The usual suspects seem to be back at the Bitcoin game once again, with CNBC Fast Money hosting yet another guest to speculate on the future price action of the ever so volatile crypto market.
  “We Are More Likely To See 10k, Than 5k”
  On Wednesday, CNBC Fast Money, which covers the crypto industry on a near-daily basis, took on Michael Moro, CEO of Genesis Trading and Genesis Capital, as the guest industry insider..@michaelmoro of @GenesisTrading says #bitcoin $10k is coming soon. Her
  
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• MyCrypto Raises $4 Million Led By PolyChain Capital to Build a More Intuitive Interface for Cryptocurrency Users

  30-08-2018 13:17 via feedproxy.google.com
  
  MyCrypto has announced it has raised $4 million in a Series A funding round led by crypto hedge fund Polychain Capital. The funds are expected to go toward building an intuitive interface for cryptocurrency users. Since the beginning of 2018 the value of the crypto market has struggled to gain traction. Yet, despite this interest […]
  The post MyCrypto Raises $4 Million Led By PolyChain Capital to Build a More Intuitive Interface for Cryptocurrency Users appeared first on Coinjournal.
  
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• Bitcoin Price Falls Below $6,900, Traders See $6,500 as the Next Support

  30-08-2018 13:03
  Some major cryptocurrencies and tokens have fallen by 5 to 15 percent in the past 24 hours as the Bitcoin price failed to remain above the $7,000 mark. Within 12 hours, the price of Bitcoin fell from $7,100 to $6,900, briefly falling below the $6,900 mark. While Bitcoin has stabilized in the low $6,900 region,
  The post Bitcoin Price Falls Below $6,900, Traders See $6,500 as the Next Support appeared first on CCN
  
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• Bitcoin's Price Pullback Risks Bear Revival Below $6.9K

  30-08-2018 13:00
  The bullish mood in the bitcoin market could turn sour if the cryptocurrency finds acceptance below the 100-day moving average.
  
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