Cryptocurrency news

• Exotic Car Enthusiasts Can Now Buy a New Rolls-Royce Using Bitcoin

  06-09-2018 23:45 via newsbtc.com
  A Rolls-Royce dealership in Houston, Texas, is now allowing prospective customers to pay for their new luxury vehicles using Bitcoin and Bitcoin Cash.
  The move to allow customers to pay with crypto comes as it becomes an increasingly popular trend to pay for luxury and exotic cars using cryptocurrency.
  The dealership, called Post Oak Motors, is the latest of their kind to accept cryptocurrency, and the move signals a growing trend promoting the use of cryptocurrency for expensive automobiles, re
  
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• Winklevoss Brothers Win Patent for Crypto Key Storage System

  06-09-2018 23:35
  Winklevoss IP, LLC has won a patent outlining how it may use air-gapped computers to protect cryptocurrency keys from theft.
  
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• 80% of Americans are Aware of Bitcoin, Study Reveals

  06-09-2018 23:00
  Millennials are more optimistic about the chances of cryptocurrency being widely accepted, and nearly half of who think this would prefer using cryptocurrency over the U.S. dollar, according to a recently conducted consumer survey on awareness of and attitudes about cryptocurrency. Nearly 80% of Americans (79%) are aware of at least one type of cryptocurrency,
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• Grayscale Makes Multi-Million Dollar Bet on Cryptocurrency ZEN

  06-09-2018 22:30 via newsbtc.com
  Grayscale Investments is making a $6.3 million investment in the cryptocurrency ZEN. The investment will be through a new fund whose entire focus is on Horizen, a small and relatively unknown platform that hosts a cryptocurrency, called ZEN.
  Grayscale Investments is best known in the cryptocurrency community for their Bitcoin Investment Trust (GBTC), which enables retail investors to gain exposure to Bitcoin through their traditional brokerage accounts, without having to deal with any of the iss
  
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• Forbes Contributor Bets on Idea That Bitcoin Can Replace Credit Cards

  06-09-2018 22:00 via crypto-news.net
  Dear reader, today I want to talk about the progress and adoption of cryptocurrencies in the field of retail sales, regardless of whether they are applied to local or online stores. My inspiration to write this piece comes from of a few inconsistencies found in an article on Forbes’ website, written by one of their contributors to which I provide the link in the appropriate paragraph below.
  This article will be interesting for you if you are a cryptocurrency investor, merchant, or generall
  
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• New Cryptocurrency Trading Platform to Launch For Latin American & Caribbean Markets

  06-09-2018 21:57 via feedproxy.google.com
  
  A new startup called Cryptofacil has announced plans to launch “the largest cryptocurrency exchange in Latin America and the Caribbean.” The exchange will be powered by Bittrex’s trading platform technology and will feature 200 digital tokens and more than 270 trading pairs. The Cryptofacil team, based in Uruguay, will be in charge of the customer […]
  The post New Cryptocurrency Trading Platform to Launch For Latin American & Caribbean Markets appeared first on Coinj
  
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• Crypto Rollercoaster: Explaining the Recent Market Performance

  06-09-2018 21:52
  Just when it appeared that the cryptocurrency market was about to bottom out just a fortnight ago (with Bitcoin reaching a reported 14-month volatility low), the market subsequently started displaying indicators of a directional shift. Last week however, we saw a short-term appreciation in value. In typical crypto fashion it was just as rapid if
  The post Crypto Rollercoaster: Explaining the Recent Market Performance appeared first on CCN
  
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• New York Man Pleads Guilty to $1.8 Million Ether Robbery

  06-09-2018 21:45
  Louis Meza admitted to kidnapping and stealing $1.8 million in ether as part of a plea deal. He may be sentenced to 10 years in prison as a result.
  
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• Greek Top Court Grants Moscow’s Request for Extradition of Crypto Hacker Vinnik

  06-09-2018 21:15 via newsbtc.com
  The Supreme Court of Greece has reached a decision in the case regarding the extradition of Russian cryptocurrency expert Alexander Vinnik, according to his lawyer.
  The suspect was arrested in Greece on July 25, 2017, and since then, the U.S., France, and Russia have been disputing their right to take him into custody.
  Vinnik is Linked to Russia Election Meddling
  The court’s ruling, which will be made public next week, orders the Greek authorities to hand him over to Russia. The resol
  
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• Crypto Exchange Circle Recruits Former Homeland Security Official as Legal Chief

  06-09-2018 20:39
  Circle Internet Financial has welcomed a new Chief Legal Officer, Gus Coldebella into the company’s senior leadership team after a four-year stint at the Department of Homeland Security (DHS) where he became the organisation’s General Counsel. Announcing the new hire in a blogpost on September 6, Circle stated that Coldebella will be responsible for all of
  The post Crypto Exchange Circle Recruits Former Homeland Security Official as Legal Chief appeared first on CCN
  
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• Coinbase is Reportedly Exploring a Bitcoin ETF, Taps BlackRock for Expertise

  06-09-2018 20:00 via newsbtc.com
  San Francisco-based cryptocurrency exchange Coinbase is reportedly considering adding a Bitcoin exchange-traded fund (ETF) to its arsenal, and has been in talks with the world’s largest global investment management firm, BlackRock Inc.
  Coinbase Aims to Launch a Crypto Exchange-Traded Fund
  Bitcoin ETFs are a hot button issue at the moment throughout the cryptocurrency community.
  All eyes are on the U.S. Securities and Exchange Commission (SEC), waiting to see if the chief U.S. securiti
  
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• Uzbekistan Looks to Lure Crypto Exchanges With New Tax Benefits

  06-09-2018 19:35
  Uzbekistan's government is looking to attract crypto exchanges with a number of tax and regulatory benefits, according to a presidential order.
  
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• Houston Rockets’ Billionaire Owner Accepts Bitcoin at Luxury Car Dealership

  06-09-2018 19:31
  A luxury car retailer based in Houston, Texas, has become the first Bentley, Bugatti and Rolls-Royce (but not Lamborghini) dealership in the United States to adopt cryptocurrency as means of payment. Post Oak Motor Cars, which is owned by Houston Rockets billionaire, Tilman Fertitta, will now accept bitcoin and bitcoin cash thereby breaking new ground
  The post Houston Rockets’ Billionaire Owner Accepts Bitcoin at Luxury Car Dealership appeared first on CCN
  
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• Cointopia Launches Marketplace Connecting Blockchain Companies with Service Providers

  06-09-2018 18:31 via feedproxy.google.com
  
  Cointopia has launched a marketplace focused on the blockchain community and ecosystem. According to a press release sent to CoinJournal, the company’s marketplace will connect blockchain companies to “top-tier service provider.” The San Francisco based company is the brainchild of Charles Michael Yim, known for his appearance on ABC’s Emmy Award-winning show Shark Tank. Speaking […]
  The post Cointopia Launches Marketplace Connecting Blockchain Companies with Servi
  
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• Survey: Nearly 80% of Americans Have Heard of Bitcoin

  06-09-2018 18:30
  A YouGov survey of roughly 1,200 Americans found that 48 percent of millennials are interested in using cryptocurrencies as a primary form of payment.
  
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• Bitcoin Price Intraday Analysis: BTC/USD Rejects Bulls, Once Again

  06-09-2018 18:16
  Bitcoin price on Thursday extended its prevailing bearish correction sentiment and dropped as much as 6.5 percent from the yesterday’s low near $6,710. The BTC/USD in the very first hours of today’s session formed lower highs and lower lows towards 6731-fiat and 6303-fiat. It very much set the sentimental course for the rest of the
  The post Bitcoin Price Intraday Analysis: BTC/USD Rejects Bulls, Once Again appeared first on CCN
  
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• Monetize Everything! Linking the Internet of Things to the Blockchain: Introducing STED

  06-09-2018 17:40
  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
  The post Monetize Everything! Linking the Internet of Things to the Blockchain: Introducing STED appeared first on CCN
  
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• Biohal Introduces Preventive Medicinal Blockchain Solution Connected to Liquid Biopsy to Detect Cancer and Alzheimer at Early Stages

  06-09-2018 17:32
  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 Biohal Introduces Preventive Medicinal Blockchain Solution Connected to Liquid Biopsy to Detect Cancer and Alzheimer at Early Sta
  
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• Stock Brokerage EF Hutton to Launch Crypto Reports for 'Confused' Investors

  06-09-2018 17:30
  Stock brokerage EF Hutton is launching subscription-based cryptocurrency research reports aimed to educate "confused" investors.
  
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• A Revolutionary Ecosystem: Sharder-Chain And Bean Cloud: The Back Bone Of The Sharder Ecosystem

  06-09-2018 17:10
  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 A Revolutionary Ecosystem: Sharder-Chain And Bean Cloud: The Back Bone Of The Sharder Ecosystem appeared first on CCN
  
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• Andy Warhol Painting Tokenised and Sold on the Blockchain Opens Access to Art

  06-09-2018 17:06 via feedproxy.google.com
  
  In a first-of-its-kind, a painting of Andy Warhol has been tokenised and sold on the blockchain, signalling the first step in democratising access to the art market. Warhol’s 14 Small Electric Chairs painting was sold to qualified participants on Maecenas, an art investment platform built on the blockchain. The auction attracted more than 800 sign-ups within […]
  The post Andy Warhol Painting Tokenised and Sold on the Blockchain Opens Access to Art appeared first on Coinjournal.
  
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• $112 Billion Korean Money Manager Asks for Goldman Sachs’ Crypto Experts

  06-09-2018 17:02
  Korea Post, South Korea’s national postal service operator which also oversees a $112 billion investment fund has sought Goldman Sachs’ assistance in learning about cryptocurrencies. Korea Post will meet the executives from the Goldman Sachs’ crypto research group in Hong Kong this month, Bloomberg reported. The congregation would see an educated round up between the
  The post $112 Billion Korean Money Manager Asks for Goldman Sachs’ Crypto Experts appeared first on CCN
  
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• ARXUM Forms Strategic Partnership with GLASSLINE

  06-09-2018 17:00
  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 ARXUM Forms Strategic Partnership with GLASSLINE appeared first on CCN
  
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• Circle Taps Former US Homeland Security Official as New Legal Chief

  06-09-2018 16:30
  Crypto startup Circle has hired a former Department of Homeland Security general counsel as its new chief legal officer.
  
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• Iran Legitimizes Crypto Mining Industry, Bitcoin Price Spikes to $24,000 Locally

  06-09-2018 16:04
  The Iranian government’s recognition of cryptocurrency mining as a legitimate industry propelled bitcoin price to hit record highs at a time when the country closes in on its own national cryptocurrency to evade sanctions. According to local news agency IBENA, the country’s High Council of Cyberspace (HCC) has confirmed that the government now sees the … Continued
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• Grayscale Launches Investment Trust for Zen Cryptocurrency - CoinDesk

  06-09-2018 15:40 via coindesk.com
  CoinDesk
  Grayscale Launches Investment Trust for Zen Cryptocurrency
  CoinDesk
  Cryptocurrency asset manager Grayscale Investments has officially launched the ZEN Investment Trust for accredited investors, the company announced Thursday. Centered around the privacy token zen, formerly known as zencash, the investment trust is a ...and more »
  
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• Grayscale Launches Investment Trust for Zen Cryptocurrency

  06-09-2018 15:30
  Grayscale Investments announced Thursday morning that the new Zen Investment Trust is now open to accredited or institutional investors.
  
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• Grayscale Makes $6.3 Million Bet on Cryptocurrency Zen - Fortune

  06-09-2018 15:19 via fortune.com
  Fortune
  Grayscale Makes $6.3 Million Bet on Cryptocurrency Zen
  Fortune
  Grayscale Investments, the company behind the Bitcoin Investment Trust, is creating a new fund whose sole focus is on Horizen, a little known platform that hosts a currency called Zen. The investment is notable because some large institutions rely on ...
  
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• Coinbase Pro Announces Trading Pairs with British Pounds for UK Customers

  06-09-2018 15:17
  Coinbase has announced yesterday the launched of new GBP trading pairs to start on Friday 7 September at 9 AM BST. The new pairs being launched are ETH/GBP, ETC/GBP, LTC/GBP, and BCH/GBP – Coinbase Pro already supports BTC/GBP at this time. The announcement follows the news released earlier this month that Coinbase would be adding GBP … Continued
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• Iran's Recognition of Crypto Mining Prompts Local Bitcoin Price Spike

  06-09-2018 14:30
  The Iranian government has recognized bitcoin mining as a lawful activity, briefly sending bitcoin prices to record levels at the country's exchanges.
  
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• Scaling Adoption: Southeast Asia’s Biggest Crypto Exchange Adds 4 Million Users in 2018

  06-09-2018 14:01
  Throughout the past year, Coins, the biggest crypto exchange and brokerage in Southeast Asia, has more than tripled its user base from 1.5 million to more than 5 million users, adding 4 million users during a market correction. In June, CCN reported that Coins became the first cryptocurrency startup in the Philippines and all of
  The post Scaling Adoption: Southeast Asia’s Biggest Crypto Exchange Adds 4 Million Users in 2018 appeared first on CCN
  
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• Security Supervision Mechanism for Social Security Data Socialization Research Seminar Hosted by THEKEY in Beijing

  06-09-2018 13:38
  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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• Almost $40bn wiped off cryptocurrency market as Bitcoin rout intensifies - Telegraph.co.uk

  06-09-2018 13:37 via telegraph.co.uk
  Telegraph.co.uk
  Almost $40bn wiped off cryptocurrency market as Bitcoin rout intensifies
  Telegraph.co.uk
  Bitcoin prices have tanked after Goldman Sachs reportedly pushed back plans to launch a cryptocurrency trading desk, wiping nearly $40bn off the value of digital currencies in just two days. The market was spooked by Goldman becoming the latest ...
  
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• Goldman May Be Out For Now, But Wall Street Still Wants Crypto

  06-09-2018 13:30 via newsbtc.com
  As the crypto market continues establishes new year-to-date lows, some claim that the arrival of institutional investors is the only catalyst that will be able to push prices in a positive direction. And although the climate around institutional interest suffered a slight setback on Wednesday, optimists believe that Wall Street isn’t over Bitcoin just yet.
  Goldman Sachs Pushes Back Crypto Trading Desk Plans, Analyst Unfazed
  On Wednesday morning, the hopes of many were quashed, as news
  
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• Bitcoin's Double-Digit Drop Negates Long-Term Bull Market

  06-09-2018 13:00
  Bitcoin's 13 percent slide in the last 24 hours has neutralized the long-term bullish reversal suggested on the technical charts earlier this week.
  
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• IBM Makes Another Blockchain Identity Play With Health Data App

  06-09-2018 12:59
  IBM is working with Hu-manity.co, whose Android and IOS mobile app gives users a title of ownership, akin to a property deed, for their personal data.
  
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• TransferGo Launches Instant Payments to India with Ripple Blockchain Tech

  06-09-2018 12:46
  Payments platform TransferGo has launched a real-time payments corridor to India, the world’s biggest remittance receiver, using Ripple’s blockchain technology. In a press release, the payments provider announced the launch of ‘TransferGo NOW’, a service which it says is available for customers “from anywhere in Europe” to “make instant money transfers to India” using San
  The post TransferGo Launches Instant Payments to India with Ripple Blockchain
  
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• Crypto Exchange Kraken Denies Rumor of Office Closure, Security Breach

  06-09-2018 12:30
  Crypto exchange Kraken has denied a rumor that it is shutting down operations in a Canadian office, but did not comment on alleged staff layoffs.
  
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• Bitmain’s AntPool Activates Controversial AsicBoost for Faster Bitcoin Mining

  06-09-2018 12:30 via newsbtc.com
  Bitmain’s mining pool, AntPool, has supposedly activated one of their controversial methods of mining Bitcoin more efficiently, called AsicBoost. The controversial Bitcoin mining “hack” supposedly increases mining efficiency by up to 20% and is controversial because many developers claim that its use damages the Bitcoin network.
  Weakness in Bitcoin PoW Exploited
  According to AsicBoost Block Explorer, block #540032, mined by AntPool, was mined using the AsicBoost, which exploits
  
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• Dublin Information Sec: Protect your firm from 'Gold Rush' cryptocurrency scammers - Independent.ie

  06-09-2018 12:24 via independent.ie
  Independent.ie
  Dublin Information Sec: Protect your firm from 'Gold Rush' cryptocurrency scammers
  Independent.ie
  At the height of the California Gold Rush in the 1840s and 50s, fraudsters devised various methods to deceive individuals hoping to strike it rich, including selling synthetic gold deposits or fake mines of no real value. These days cybercriminals are ...
  
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• Exclusive: Blackmoon Launches Prime Meridian Capital Token

  06-09-2018 12:17
  The asset token tracks the performance of the Prime Meridian Real Estate Lending Fund.
  
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• [Only] Bitcoin Accepted: $3 Million Valletta Palazzo Mansion Goes on Sale in Malta

  06-09-2018 11:47
  It seems that Malta continues to steal the headlines for innovative projects in the blockchain space with the most recent offering being a huge palazzo in the heart of Valletta being offered for sale with a $3 million price tag. The mansion can only be purchased in Bitcoin, with the property going on sale for
  The post [Only] Bitcoin Accepted: $3 Million Valletta Palazzo Mansion Goes on Sale in Malta appeared first on CCN
  
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• Crypto’s Largest Daily Dump of the Year as $40 Billion Exits Markets

  06-09-2018 11:34 via newsbtc.com
  FOMO Moments
  2018’s biggest daily purge has seen cryptos crash; Ethereum, Bitcoin Cash, EOS, Monero and Dash in a hurt locker.
  Crypto markets have been absolutely smashed following a Bitcoin selloff that started yesterday. From recovering to almost $240 billion in market capitalization, cryptocurrencies have crashed almost 16% in 24 hours dumping nearly $40 billion and plummeting towards another yearly low level.
  The purge was initiated by Bitcoin bears which started selling it with fervor
  
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• Chinese City Is Using Blockchain to Track Convicts on Parole

  06-09-2018 11:30
  Convicts on parole in the southern Chinese city of Zhongshan can now find themselves being tracked over a blockchain network.
  
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• Bitcoin Price Watch: BTC/USD Breakdown Towards $6,000 Looks Real

  06-09-2018 11:00 via newsbtc.com
  Key PointsBitcoin price tumbled and broke many supports like $7,000, $6,800 and $6,560 against the US Dollar.
  There was a break below a declining channel with support at $6,790 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair has moved into a bearish zone and upsides are now likely to face sellers near $6,560 and $6,800.Bitcoin price plummeted below the $6,800 and $6,560 supports against the US Dollar. BTC/USD could accelerate declines if sellers push the price below $6,
  
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• Ethereum Classic Price Analysis: ETC/USD Eyes Test of $10

  06-09-2018 10:30 via newsbtc.com
  Key HighlightsEthereum classic price failed to settle above $14.00 and declined sharply against the US dollar.
  There was a break below an important bullish trend line with support at $14.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
  The pair declined towards the $11.00 level and it remains at a risk of more losses towards the $10.00 level.Ethereum classic price is back in a bearish zone against the US Dollar and Bitcoin. ETC/USD is likely to decline back towards the $10.00 l
  
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• Bitcoin Price Drops 13% to $6,400 and Tokens Plunge, is $6,000 Imminent?

  06-09-2018 10:26
  The cryptocurrency market has seen one of its steepest declines in a one-day period since February of this year, losing more than $38 billion from its market valuation. The Bitcoin price has dropped from $7,150 to $6,400 in less than six hours, recording a massive sell-off across major cryptocurrency exchanges. Following the rapid decline in
  The post Bitcoin Price Drops 13% to $6,400 and Tokens Plunge, is $6,000 Imminent? appeared first on CCN
  
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• Iran Recognizes Cryptocurrency Mining as Industry - Bitcoinist

  06-09-2018 10:00 via bitcoinist.com
  Bitcoinist
  Iran Recognizes Cryptocurrency Mining as Industry
  Bitcoinist
  Iran has purportedly accepted cryptocurrency mining as an official industry. According to a high-ranking official, all related institutions have already agreed on it. A Breath of Fresh Air. Iran has historically been fairly controversial in its stance ...
  Iran recognizes cryptocurrency mining as legitimate industryTNW
  Iran Crypto: The Iranian Government Finally Recognizes CryptocurrencyCryptoCurrencyNews
  Iran Approves Crypt
  
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• How to Make Public Blockchains Safe for Enterprise Use

  06-09-2018 10:00
  In order to make public networks secure enough for enterprise use, two key things must happen, says EY's Paul Brody.
  
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• Lawyer: ShapeShift’s Membership Move Follows “Threats” From Regulators

  06-09-2018 09:45 via newsbtc.com
  News came yesterday that the Bitcoin exchange ShapeShift are introducing a new membership initiative — implying that users will have to provide more personal data in order to use the platform’s services.
  ShapeShift Announces Membership ProgramAccording to the company’s Tweet, which also contained a link to a more expansive definition of the new terms:
  “ShapeShift has big news for our users! We are now offering a new membership program, which will provide users with more b
  
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