Cryptocurrency news

• People’s Bank of China Issues New Warning Against ICOs and Cryptocurrencies

  18-09-2018 23:30 via newsbtc.com
  The People’s Bank of China (PBoC) has issued a new warning to citizens regarding investments in initial coin offerings (ICOs) and cryptocurrencies, amidst reports detailing how Chinese citizens were bypassing the cryptocurrency restrictions.
  This latest warning comes more than a year when China’s central bank first released their unprecedented ban on ICOs.
  In the notice, the PBoC reminds investors of the illegality of the ICO fundraising model, saying that ICOs are “suspected o
  
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• Ethereum DApp Bancor is Building a Bridge to the EOS Network

  18-09-2018 23:20
  Bancor, a decentralized cryptocurrency exchange (DEX) protocol and one of the most popular decentralized applications (dApps) on the Ethereum network, has announced that it will bring trustless token trading to the recently-launched EOS blockchain. Israel-based block producer and Bancor partner LiquidEOS made the announcement — which has since been heavily edited — on Monday. Funded
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• Alibaba’s Jack Ma: Blockchain is Meaningless without Disruption in Manufacturing, Society

  18-09-2018 22:30 via newsbtc.com
  Jack Ma, founder and CEO of Alibaba Group Holding, has said that the blockchain is meaningless if it can’t transform the manufacturing industry and society.
  Alibaba Jack Ma Expects Blockchain to Create a Greener, More Inclusive Society
  Chinese e-commerce giant Alibaba, trading at the New York Stock Exchange with a market capitalization of more than $400 billion, has quickly become one of the leading blockchain developers in the world. The company filed 43 blockchain patents in 2017, a
  
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• Institutional-Grade Crypto Trading Platform Caspian Raises US$16M in Pre-Sale

  18-09-2018 22:25 via feedproxy.google.com
  
  Caspian, a startup developing an institutional-grade cryptocurrency trading platform, has raised US$16 million in a pre-sale of its CSP token. The company’s platform has just exited beta testing and is now live, the startup said on Monday. Caspian, a joint venture between Tora, a global cloud-based front-to-back technology provider to buy side institutions, and Kenetic, […]
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• US Market Crash Expected as Household Income Explodes, Will Millennials Flock to Bitcoin?

  18-09-2018 22:19
  For the first time in history, US household wealth has surged above the $100 trillion mark, fueled by the rise in the value of stocks and properties. However, analysts say the unsustainable growth in household wealth could cause a crash, which may lead millennials to flock to Bitcoin. In September, US household wealth reached $100
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• Against Fake Volume Allegation: OKEx Distributes $5M Trading Commissions to Users Weekly

  18-09-2018 21:32
  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
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• Artists Celebrate Cultural Impact of Bitcoin with Digital Currency-Inspired Exhibition

  18-09-2018 21:30 via newsbtc.com
  To honour its 10th birthday, a group of artists from around the world are putting on an art exhibition exploring the cultural impact of Bitcoin. The “Art (r)Evolution” event will take place during the last week of September and first week of October in Paris, France.
  Art (r)Evolution Exhibition to Explore Crypto Use Cases
  The Art (r)Evolution exhibition will feature work from a number of artists who are interested in how cryptocurrency can impact the art world, as well as finance and
  
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• Bitcoin Price Intraday Analysis: BTC/USD Hinting Reversal towards $6500

  18-09-2018 21:12
  Bitcoin price on Tuesday appreciated as much as 2.88 percent against the US Dollar. The BTC/USD is trading at 6326-fiat at the time of this reporting. The pair opened the day forming lower lows towards 6229-fiat. There was already a minor uptrend in place on a bounce back from 6205-fiat from yesterday. However, BTC/USD lacked
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• Latest TTC Protocol Development Progress

  18-09-2018 20:55
  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
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• New York AG Report Faults Crypto Exchanges for Manipulation Risks

  18-09-2018 20:40
  The NY Attorney General's Office stated that many crypto exchanges cannot monitor abusive trading activity, and referred 3 for potential violations.
  
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• Blockchain CEO: Cryptocurrency Prices will Slowly Recover Towards Year-End

  18-09-2018 20:30 via newsbtc.com
  Cryptocurrency prices have been hovering near their year-to-date lows as of late, with Bitcoin dominance near its yearly high and many altcoins down 80% or more. Although investors are losing confidence in the markets and things look bleak, one person familiar with the space believes that prices will begin to climb towards the end of 2018.
  Josh Fraser, the CEO and co-founder of open-source blockchain platform, Origin, made his prediction in a recent statement to MarketWatch, expressing that the
  
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• France Accepts New ICO Framework to Become Europe’s Leading ICO Hub

  18-09-2018 20:18
  An Initial Coin Offering (ICO) framework proposed by French financial market regulators AMF (l’Autorité des marchés financiers) has been accepted in parliament. France’s Minister for the Economy and Finance, Bruno Le Maire, confirmed the acceptance of the legal ICO framework in a recent tweet. ✅Article 26 adopté en commission #PACTE ! ➡️Un cadre juridique des
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• Pro League of Legends Gamer Robbed of $200K in Crypto in Sim-Hack

  18-09-2018 19:30 via newsbtc.com
  A prominent eSports gamer took to YouTube to reveal to his audience how “someone stole $200,000” worth of cryptocurrency in an apparent sim-swap hacking incident – a new growing cybercrime trend that appears to focus on cryptocurrency investors.
  Pro Gamer Doublelift Has $200K in Crypto Holdings Stolen
  American professional League of Legends player Yiliang “Peter” Peng, best known as Doublelift in the eSports space, was reportedly hacked, resulting in $200,000 in cry
  
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• Vigilante Botnet Infects Computers to Remove Cryptocurrency Malware

  18-09-2018 19:20
  Botnets have become increasingly powerful over the last few years, to the point where the US Department of Homeland Security admitted that they couldn’t face the problem alone and needed help from the white hat community. Botnets consist of dozens, hundreds, or even thousands of internet-connected devices which are then used to carry out to
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• ETHLend Announces Launch of New Parent Company ‘Aave’

  18-09-2018 19:04
  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. Aave Offers Ambient Accounts, Lending Software, Custody and Clearing Services, Blockchain-Based Games, and Development Tools Chiasso, Switzerland (Sept. 18, 2018) — Founders behind popular Swiss-based decentralized digital asset-backed
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• Coinbase Hires LinkedIn Executive as New Data Chief

  18-09-2018 19:00
  Coinbase has brought LinkedIn head of analytics and data science, Michael Li, on as its new vice president of data.
  
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• Tether Transactions Resume Normal Operations Following Incident with Omni API

  18-09-2018 18:18
  Tether (USDT), the eighth-largest cryptocurrency and the second most-traded coin behind bitcoin, is functioning as normal following an incident with the engine that feeds data from the underlying Omni protocol to the platform’s hosted node services. For approximately eight hours on Monday, tether transactions appeared to be frozen, and in fact were — at least
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• High Times Quietly Removes Crypto Payment Option From IPO Website

  18-09-2018 18:00
  High Times has removed bitcoin as a payment option for its IPO, just days after admitting it was accepting the cryptocurrency.
  
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• Fireflies Party, Invite-Only Event Alongside Consensus: Singapore 2018

  18-09-2018 17:57 via newsbtc.com
  Crypto specialists attend blockchain conferences to meet opinion leaders, find investors for their projects, grow their network and discuss important trends. These goals are much easier to reach during a chamber event with specially selected guests than at a huge summit with an immense number of unfamiliar busy attendees. As a result, private afterparties and side events are an essential part of big crypto conferences. Consensus, the famous crypto-event hosted by CoinDesk will have one such excl
  
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• XRP Price Bucks Bearish Market Mood to Hit 13-Day High

  18-09-2018 17:15
  XRP is reporting double-digit gains today, despite a generally bearish trend across the wider crypto markets.
  
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• Ripple Price Intraday Analysis: XRP/USD Near September High with 23% Leap

  18-09-2018 17:15
  Ripple price on Tuesday appreciated 23 percent against the US Dollar owing to strong fundamental factors. The XRP/USD has risen from its intraday low near 0.26699-fiat to retest its September 5’s lower high near 0.32994-fiat. The pair yawned through the early Asian trading session, consolidating sideways within a stiff range. The upside momentum began building
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• Bitdepositary Creates an Innovative New Funding Community for ICOs that Stops Scams

  18-09-2018 16:59
  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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• Oryx’s New Investment Platform Will Help Startup Companies

  18-09-2018 16:49
  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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• Peer Mountain and BRD Partnership Offers Direct Access to 1.4 million BRD Wallet Users

  18-09-2018 16:35
  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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• Kidnapped South African Tycoon Released for 50 Bitcoins Ransom: Report

  18-09-2018 16:15
  A South African businessman whose captors had allegedly demanded bitcoins as ransom has been freed. Liyaqat Parker, a businessman based in Cape Town, South Africa, was released on Monday according to a statement issued by his family. However, the circumstances of his release, including whether the bitcoin ransom was paid, remain unclear as his family
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• Newdex Decentralized Crypto Exchange Robbed in New Hacking Attack

  18-09-2018 16:00 via newsbtc.com
  After discovering a new security vulnerability, hackers managed to flood a crypto exchange with fake EOS tokens. By the end of their operation, they ended up stealing as much as $58,000 from the exchange’s users directly.
  New Hacking Attack Hits a “Decentralized” Exchange
  The hacking attacks of the crypto world show no signs of stopping or even slowing down at this point. The proof of this is a new attack that has hit a “decentralized” crypto exchange called Newdex.
  
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• Gemalto Taps R3 Tech for Blockchain Identity Pilot

  18-09-2018 16:00
  Digital security firm Gemalto is teaming up blockchain startup R3 to pilot a new platform aimed to bring digital identities closer to the mainstream.
  
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• Newsflash: Ethereum and Ripple Surge 10% Within Minutes in Abnormal Market Activity

  18-09-2018 15:20
  The prices of Ethereum (ETH) and Ripple (XRP) have surged by more than 10 percent in the past five minutes, despite the lack of momentum of major cryptocurrencies like Bitcoin. A spike in the volume of both XRP and ETH was triggered at around the same time on Bitfinex, affecting other major cryptocurrency exchanges. No
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• Theta Blockchain Announces Strategic Partnerships with MBN and CJ Hello, Lists on Bithumb Exchange

  18-09-2018 15:12
  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
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• Bitcoin is 300 Times Cheaper Than Wire Transfers, Banks Take 83% Profit

  18-09-2018 15:00 via newsbtc.com
  Since 2017, so-called “experts” in the finance sector have criticized Bitcoin for being too expensive. Yet, banks are pocketing 83 percent profit on every wire transfer.
  According to Bank of America’s official data, the $302 billion bank charges $30 for outbound domestic wire transfer and $35 for outbound international wire sent in foreign currency.But, Fedwire, the official real-time gross settlement funds transfer system operated by the United States Federal Reserve Banks tha
  
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• This DEX Is Enabling Payments in Any Ethereum Token

  18-09-2018 14:59
  Kyber Network is adapting the liquidity tool it uses within its decentralized exchange to allow businesses to accept payments in any ethereum token.
  
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• This DEX Is Enabling Merchant Payments in Any Ethereum Token

  18-09-2018 14:59
  Kyber Network is adapting the liquidity tool it uses within its decentralized exchange to allow businesses to accept payments in any ethereum token.
  
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• $1.5 Billion Blockchain Fund Founders to Finance Yen-Pegged Cryptocurrency

  18-09-2018 14:47
  The founders of a $1.45 billion investment firm and a dedicated blockchain fund are teaming up to launch a new cryptocurrency whose value would be pegged to the yen. South China Morning Post reports that Grandshores Technology Group, a Hong Kong-based blockchain investment firm, is raising HK$100 million (US$12.7 million) to bootstrap the project, which
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• Novel Botnet Hunts Down and Destroys Crypto Mining Malware

  18-09-2018 14:00
  A newly discovered botnet is seeking out and removing crypto-mining malware, but why it has been created is still unknown.
  
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• Crypto Prices Drop After Old Bitcoin Wallet Sees New Activity

  18-09-2018 14:00 via newsbtc.com
  The crypto prices have dropped once again after a wallet that has been dormant for four years sees new activity.
  As many are already aware, the recent events in the crypto world have had strong consequences on the prices of digital coins. Not only has the entire year been marked by a constantly bearish market, but even when a bull run was at hand, negative events killed it.
  The most recent such event has seen new activity in an old wallet, which is filled with old Bitcoins. Some reports claim th
  
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• Crypto Bloodbath: Bitcoin and Ethereum Record Losses in $10 Billion Wipeout

  18-09-2018 13:55
  Over the past 24 hours, the crypto market has experienced a large sell off as Bitcoin demonstrated a 3 percent drop in price, leading the market to drop $10 billion. Ethereum and EOS recorded the largest drop amongst major cryptocurrencies at 9 percent, while Bitcoin Cash, Litecoin, Monero, Cardano, and Dash demonstrated steep 7 percent
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• Blockchain Media Marketplace Launches Mobile App Next Month

  18-09-2018 13:05
  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. Decentralized blockchain project Snapparazzi launched its minimum viable product (MVP) for their forthcoming mobile-app oriented service which promises to significantly change the current state of media and journalism.
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• Major Retail Saudi Bank Joins Ripple Network for International Payments

  18-09-2018 13:00
  The National Commercial Bank, Saudi Arabia’s first established bank, has become the latest financial institution to join RippleNet, Ripple’s enterprise blockchain network. A massive market for international remittances due to its sizable migrant worker population, the Kingdom of Saudi Arabia (KSA) has already seen its central bank pilot Ripple’s technology for instant international payments. With
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• Bitcoin Price Outlook Worsens After Drop to Five-Day Lows

  18-09-2018 13:00
  Bitcoin's drop to $6,200 on Monday has increased the odds of a move toward key support below $6,000.
  
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• Taiwan Pursues Favorable Crypto and Blockchain Regulation, Next Major Market?

  18-09-2018 12:56 via newsbtc.com
  Asia’s seventh largest economy Taiwan has pursued friendly regulation for crypto and blockchain companies, as the government recognized the potential of blockchain technology in bolstering the economic growth of the country.
  This year, Malta, described as the “Blockchain Island,” established a new trend of implementing favorable policies for crypto startups to enlarge the cryptocurrency market. Within a few months, Binance and Bittrex, two of the biggest multi-billion dollar di
  
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• Stellar Startup Merges with Chain, to Reborn as Interstellar

  18-09-2018 11:48
  San Francisco-based distributed ledger technology company Chain has been acquired by Lightyear, an entity powered by the Stellar network in an undisclosed agreement. Announced last week, Lightyear will be re-named to Interstellar concurrent with the merger, a company release states. Chain, that builds enterprise-grade blockchain products backed by financial giants Visa, Nasdaq, and Citigroup, will offer its cloud product,
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• $1 Billion Blockchain Fund Founders Plan Japanese Yen Stablecoin

  18-09-2018 11:30
  Founding partners of the $1 billion blockchain fund backed by a Chinese city government are planning to roll out a Japanese yen-pegged stablecoin.
  
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• Another $10 Billion Lost; Why Have Crypto Markets Dumped Again?

  18-09-2018 11:15 via newsbtc.com
  FOMO Moments
  Another week, another dump; Ethereum, EOS, and VeChain, all in pain.
  Just when the crypto community was thinking a recovery could be possible, markets take a big dump once again to dash all hopes. Wiping out all gains over the past few days, markets have slid back below $200 billion and are looking extremely bearish again today.
  Bitcoin has lost 3% on the day dropping it below key support levels to $6,295. BTC made a breakout from its rising wedge pattern resulting in a slide of ove
  
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• Citigroup Developing Crypto Custody Service

  18-09-2018 11:00 via crypto-news.net
  Citigroup is reportedly in the process of creating a cryptocurrency investment product that could revolutionary change how the public invests in blockchain assets. Known as a digital asset receipt (DAR) it is aimed at institutional investors, and could significantly simplify the means by which cryptocurrencies are bought and sold. Additionally, this product will add a level of trust and security that many potential investors believe is lacking in the digital asset space.
  The DAR is a form of cus
  
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• Bitcoin Price Watch: BTC/USD Buyers Losing Control Below $6,400

  18-09-2018 10:48 via newsbtc.com
  Key PointsBitcoin price declined recently and broke the $6,450 and $6,400 support levels against the US Dollar.
  There was a break below a major bullish trend line with support at $6,440 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair may perhaps continue to move down towards the $6,120 support area in the near term.Bitcoin price decline extended below the $6,400 support against the US Dollar. BTC/USD may correct higher, but it could face sellers near $6,340 and $6,380.
  
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• China Central Bank Warns of Cryptocurrency, ICO Risks in Public Notice

  18-09-2018 10:24
  The People’s Bank of China (PBoC), the country’s central bank, has issued a public notice urging investors of risks in cryptocurrency trading and initial coin offerings (ICOs). The Shanghai branch of the PBoC issued a public notice on Tuesday to “remind” consumers and investors to increase their risk awareness of ICOs – a radical form
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• Digital Assets Don't Change Reporting Needs, SEC's Top Accountant Says

  18-09-2018 10:00
  The arrival of cryptos doesn't alter the need to maintain proper accounting records, the SEC's Wesley Bricker said Monday.
  
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• CoinList CEO: Crypto Market Will Be Cyclical For a Long Time

  18-09-2018 10:00 via newsbtc.com
  While the value of nearly all crypto assets have tanked since January of this year, with ICO-issued tokens being no exception, the public funding model has still garnered support and is still of interest to many investors across this early-stage industry.
  ICOs Are A Game Of “Land Ducks” And Airborne Birds
  Andy Bromberg, the CEO and founder of CoinList, a New York-based ICO-focused platform, spoke with Bloomberg on Monday morning to outline his professional opinion on the state o
  
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• Dubai Police Warns Against Crypto Scams, Predicts Electronic Money Will Replace Cash

  18-09-2018 09:38
  Dubai Police currently investigating a Dh 300 million ($81.7 million) international fraud case have issued a warning about the potential role of digital assets in terms of facilitating crime in the UAE. Speaking at a forum on Sunday September 16, Major-General Khalil Ibrahim Al Mansouri, assistant-commander of criminal investigation department (CID) at the Dubai Police warned
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• Ethereum Price Analysis: ETH/USD Could Decline to $180

  18-09-2018 09:00 via newsbtc.com
  Key HighlightsETH price is under a lot of pressure after it broke the $210 support against the US Dollar.
  There was a break below a major contracting triangle with support at $210 on the hourly chart of ETH/USD (data feed via Kraken).
  The pair is under a lot of pressure and it could continue to decline towards the $180 level.Ethereum price declined recently against the US Dollar and bitcoin. ETH/USD may perhaps continue to decline towards the $180 level in the near term.
  Ethereum Price Decline
  A
  
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