Cryptocurrency news

• NY Crypto Exchange Report Bearish for Bitcoin ETF Plans

  19-09-2018 23:30
  A new report drafted by the New York attorney general’s office (OAG) alleges that a significant number of cryptocurrency exchanges may be vulnerable to market manipulation, a finding that could prove ominous for hopes among investors that federal regulators will approve a bitcoin ETF or other exchange-traded crypto products in the near-term. 3 CME-Partnered Exchanges
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• Bitcoin's Price Swings to Nearly $6,500 in Volatile Trading Hour

  19-09-2018 23:25
  Bitcoin's volatility was on full display Wednesday when its price swung in a dramatic fashion.
  
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• Tradeshift CEO: Blockchain Not Mature Enough to Support Global Supply Chains

  19-09-2018 23:00 via newsbtc.com
  The CEO and co-founder of digital invoicing firm Tradeshift has stated that blockchain has great potential for making supply chains cheaper and more efficient. However, Christian Lanng also believes that the technology is too immature and not cannot scale sufficiently for the role at present.
  Blockchain Needs to Scale Before It Finds Global Use in Supply Chains
  Lanng spoke to CNBC at the World Economic Forum earlier today. At the event, held in Tianjin, China, the CEO and co-founder of Tradeshif
  
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• Five Reasons ICOs Fail

  19-09-2018 23:00 via crypto-news.net
  Out of the thousands ICOs that start every day, just a small percentage actually succeed in achieving their capital goals. The Pareto principle is at a full swing here, literally with a handful of ICOs taking in the majority of the investments. EOS is a great example of this principle seen in crypto reality. The era of ICOs as the go-to fundraising methodology for so many projects is constantly developing and growing, but at a fundamental level there are a few common mistakes that
  
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• Coinbase Hires Fannie Mae Executive as Chief Legal Officer

  19-09-2018 22:45
  Coinbase has hired former Fannie Mae executive Brian Brooks as its new chief legal officer.
  
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• This Third-Party DApp Lets You Tokenize Your CryptoKitties

  19-09-2018 22:35
  So you spent upwards of $100,000 to purchase one of the hottest digital felines on CryptoKitties — now what? That’s the question plaguing many users of CryptoKitties, which remains the most popular decentralized application (dApp) on Ethereum, per DappRadar, but — despite receiving $12 million in venture funding — is struggling to grow its active … Continued
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• Bitcoin Core Developers Move to Fix Denial-of-Service Software Bug

  19-09-2018 22:01
  An abnormally severe bug has been discovered in bitcoin's software, with possible ramifications for lightning users.
  
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• Analyst: Large Scale Investors Interested in Bitcoin Despite Current Prices

  19-09-2018 22:00 via newsbtc.com
  Although Bitcoin is sitting just above its year-to-date low at $6,300, analysts are confident that large scale investors are still interested despite the persisting bear market. Industry sentiment also appears to be near its yearly low, with most investors and analysts calling for pending drops closer to $4,800.
  Despite there being little hope for another major rally in the foreseeable future, institutional and large-scale investors are still interested in the markets, according to Naeem As
  
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• Ethereum-Based Brave Already Considered as Viable Alternative to Chrome

  19-09-2018 21:35
  The go-to narrative for critics outside of the cryptocurrency space is to claim that decentralized systems and dApps have no active user bases. Ethereum-based Brave Browser is already being considered as a viable alternative to existing browsers like Chrome and Firefox. Popular Science, a widely recognized science magazine, recently listed Brave Browser alongside Firefox and … Continued
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• International AML Task Force to Close “Gaps” Created by Virtual Currencies

  19-09-2018 21:00 via newsbtc.com
  The Financial Action Task Force (FATF), an intergovernmental organization founded in 1989 on the initiative of the G7 to combat anti-money laundering (AML), may be about to agree with a set of standards to apply to virtual currencies.
  President Marshall Billingslea is optimistic that the discussions scheduled for October will result in a revised AML methodology.
  Cryptocurrencies Force Governments to Revise Anti-Money Laundering Standards
  Significant progress has been made in past weeks as t
  
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• A Successful Natural Supplement Distributor Is Implementing Blockchain in Its Franchising Network

  19-09-2018 20:27
  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 Like an ‘Abusive, Controlling Ex’: Kraken CEO Jesse Powell

  19-09-2018 20:21
  Jesse Powell, CEO of cryptocurrency exchange Kraken, has lobbed another bomb at the state of New York in regard to the latter’s stance toward the crypto industry and Kraken in particular. Writing on Twitter, Powell compared New York’s crypto regulators to an abusive ex-partner who continues to stalk the company even though it left the
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• Crypto Advocate Cody Wilson Charged With Child Sexual Assault

  19-09-2018 20:07
  Cody Wilson, founder of the 3D printed gun company Defense Distributed and cryptocurrency advocate, has been charged with sexually assaulting a minor.
  
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• 3D Printed Gun Advocate Cody Wilson Charged With Child Sexual Assault

  19-09-2018 20:07
  Cody Wilson, founder of the 3D printed gun company Defense Distributed and cryptocurrency advocate, has been charged with sexually assaulting a minor.
  
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• Ripple Adds PNC to Client List Continuing Growth as They Near xRapid Launch

  19-09-2018 20:00 via newsbtc.com
  Blockchain settlement startup, Ripple, has added PNC Financial Services Group to their list of clients utilizing their real-time cross border settlement systems in order to more efficiently process international payments.
  PNC will be using Ripple’s xCurrent system, which utilizes blockchain technology in order to quickly and cheaply process international payments. This system, however, does not utilize cryptocurrency, unlike Ripple’s xRapid system, which uses XRP to settle internatio
  
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• KuCoin Celebrates One Year Anniversary with 47 BTC Giveaway

  19-09-2018 20:00
  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
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• Penny Stock Company Behind Bytemine Launches Crypto Fund

  19-09-2018 19:44
  After a 99 percent decline in the stock’s value since 2014, current CEO promises guaranteed returns
  
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• Bitcoin Price Intraday Analysis: BTC/USD Stabilizes in $6200-$6400 Zone

  19-09-2018 19:20
  Bitcoin price on Wednesday consolidated sideways against the US Dollar, rangebound between two critical levels defined by $6,200 and $6,400. The BTC/USD kickstarted the day forming lows towards 6316-fiat. The early Asian trading session saw the pair attempting a moderate upside rebound towards 6400-fiat. However, a considerable selling pressure around 6384-fiat, September 11 peak, didn’t
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• Ripple’s Array of Top Partners Expands as Major US Bank Joins RippleNet

  19-09-2018 19:04
  PNC Bank serves over 8 million customers and has retail branches in 19 states.
  
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• Ripple’s Array of Top Partners Expands as A Major US Bank Joins RippleNet.

  19-09-2018 19:04
  PNC Bank serves over 8 million customers and has retail branches in 19 states.
  
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• Commodity Traders, Major Banks Back New Blockchain Platform

  19-09-2018 19:02
  A group of commodity traders and financial institutions have unveiled a new blockchain venture.
  
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• ‘More Ridiculous than Bitcoin’: Pot Stocks Go Parabolic as Crypto Markets Cool

  19-09-2018 18:15
  The cryptocurrency markets are nine months into a bear market, but the animal spirits that drove the bitcoin price to nearly $20,000 haven’t disappeared. Rather, it seems that they have found a new outlet — pot stocks. Pot Goes Boom as Crypto Goes Bust Long a favorite of retail traders on commission-free stock trading app … Continued
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• Europol Warns of Crypto Hacks and Mining Malware in Latest Report

  19-09-2018 18:00
  Europol has warned against the rising threats of cryptocurrency hacks and mining malware in a new report.
  
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• Fidelity CEO Teases Crypto Product Announcement By “End of the Year”

  19-09-2018 17:30 via newsbtc.com
  Boston, Massachusetts-based, $6.9 trillion asset manager and financial services company, Fidelity Investments, is close to entering the cryptocurrency space, with an announcement from the firm expected “by the end of the year,” if recent comments from Fidelity’s CEO holds true.
  Fidelity Investments CEO Reveals Work on Crypto Products, Announcement Coming
  While speaking during last week’s annual Boston FinTech Week, Fidelity Investments CEO Abigail Johnson revealed that th
  
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• Top Ten US Bank Joins Ripple Blockchain RippleNet for Cross-Border Payments

  19-09-2018 17:26
  PNC Bank, the 9th largest bank in the United States by assets, has joined Ripple’s enterprise blockchain network RippleNet in what is a noteworthy addition for the San Francisco-based fintech. With over $380 billion in assets, Pittsburg-based PNC Financial Services Group has become the latest member to join RippleNet, a global payments network of over … Continued
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• Treasury Select Committee: Regulation Needed in Crypto Industry’s “Wild West”

  19-09-2018 17:03 via feedproxy.google.com
  
  MPs on the U.K.’s Treasury Select Committee have said that the crypto industry is the “wild west” and that investors are left facing “numerous risks” due to the unregulated environment. According to Conservative MP Nicky Morgan, chair of the committee, the current situation is unsustainable, reports The Guardian. “Bitcoin and other crypto assets exist in […]
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• Texas Securities Watchdog Takes Action Against 3 Alleged Crypto Frauds

  19-09-2018 17:00
  The Texas State Securities Board has taken emergency action against three crypto investment schemes it alleges are attempting to hoax local investors.
  
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• S Korea’s Dunamu Expands Crypto Exchange Upbit to Singapore

  19-09-2018 16:56 via feedproxy.google.com
  
  South Korean fintech company Dunamu Inc. is expanding its crypto-asset exchange business to Singapore. The company said it chose Singapore as its first overseas destination and “launching pad” into foreign markets, citing the country’s strong support for blockchain and cryptocurrency. The exchange, which will begin operations in October, will offer the same features as the […]
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• Bitcoin Hasn’t Funded any Terror Attacks in Europe, Europol Report Reveals

  19-09-2018 16:34
  Bitcoin and similar digital assets were not used to fund any of the recent terror attacks in Europe, finds a Europol report that paints a clear picture of the contribution of cryptocurrencies to online crime. The 72-page long study [PDF], titled Intenet Organized Threat Assessment 2018, thoroughly touches upon the various modules of online crime,
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• PWC Executive: Blockchain And Token Asset “Phenomena” Still Raging

  19-09-2018 16:30 via newsbtc.com
  A representative from PricewaterhouseCoopers’ blockchain branch recently declared that demand for token assets and enterprise-level solutions is still raging, but there is still a way to go on the regulatory and trust fronts.
  Enterprise-Level Blockchain Solutions And “Token Assets” Are Still A Hot-Topic
  Bloomberg has tackled the crypto industry head-on yet again, calling upon Grainne Mcnamara, the lead of PricewaterhouseCoopers’ blockchain division, to discuss how this fl
  
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• MADANA, the Market for Data Analysis, Already Sold 8.3 Million Lisk Based Pax Token

  19-09-2018 16:30
  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. MADANA.io is the first major project using the Lisk blockchain platform. This marks a milestone in the recent token sale history. Lisk is a non-profit organization, that aims
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• Non-Zero: Revolutionizing the Brokerage Industry

  19-09-2018 16:16
  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
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• Wagerr Launches Decentralized Betting Blockchain

  19-09-2018 16:09
  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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• US Banking Giant PNC Becomes Latest to Adopt Ripple's xCurrent

  19-09-2018 15:59
  PNC Bank's Treasury Management division is to begin accepting cross-border transactions using Ripple's xCurrent product.
  
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• Bringing Professional Standards to the Volatile Blockchain Industry – HZ Capital Group

  19-09-2018 15:50
  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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• VivusPay’s 100,000 Transactions Per Second Sets Benchmark for Multicurrency Crypto Wallets

  19-09-2018 15:42
  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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• 20% of Coinbase Trades are Made by the Cryptocurrency Exchange Itself

  19-09-2018 15:40
  When trading on a cryptocurrency exchange, investors have little-to-no information about the person trading against them, that is, the person on the other side of their buy and sell orders. Subject to the geographic restrictions of the exchange, that could be someone who lives in your neighborhood, or it could be someone who lives on
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• Binance and Bithumb Announce New Crypto Listings, Prices React

  19-09-2018 15:30 via newsbtc.com
  Bithumb and Binance have announced listings of new coins, with Bithumb stating that Waves (WAVES) and ChainLink (LINK) will be joining its ranks, while Binance is adding BNB trading pair for TRON (TRX).
  Bithumb Adds Two New Coins
  Cryptos getting listed on new exchanges is always big news for both the coins and the exchanges as well. The coins get more exposure, activity, and trust from careful investors, while the exchanges get more traffic and customers willing to work on their platforms.
  The r
  
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• Binance Reveals Plan to Launch Crypto Exchanges on Almost Every Continent

  19-09-2018 15:25
  Binance CEO and founder Zhao Changpeng announced an ambitious plan to build 5-10 fiat-to-crypto exchanges in the next year.
  
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• Proper Regulations Will Boost Confidence in Cryptocurrency Sector: Abu Dhabi Regulator

  19-09-2018 14:36
  The regulatory chief of Abu Dhabi’s international financial center and free zone has called for tighter regulations for cryptocurrency trading and ICOs while recognizing the growing global industry. Nearly a year after issuing its guidelines for cryptocurrencies and initial coin offerings (ICOs), effectively regulating the industry, the Financial Services Regulatory Authority (FSRA) is sharing its
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• Three Fundamental Reasons the 20% Spike in XRP Prices is no Bluff

  19-09-2018 14:30 via newsbtc.com
  56 minutes. That’s the time it took for XRP price to surge 20 percent inevitably causing a frenzy. Though there has been particular news about a Coinbase listing for example, historically, rumors of Coinbase listings trigger swings. Decisive conclusions from the US Securities and Exchange Commission (SEC) or a confirmed launch of xRapid also played a part resulting in an injection of the much-needed capital yanking XRP prices from bear grasp.
  XRP Price Chart and Market Cap
  At the time of p
  
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• R3's Hearn and Brown Say Enterprise Blockchain's Day of Reckoning Is Here

  19-09-2018 14:00
  Bitcoin apostate Mike Hearn and his R3 colleague Richard Gendal Brown view the enterprise blockchain game as, if not quite zero-sum, something close.
  
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• Singapore’s Crypto Market Blooms as Korea’s Largest Exchange Moves In

  19-09-2018 13:51
  Dunamu, the parent company of South Korea’s largest crypto exchange Upbit, has officially announced the launch of Upbit Singapore, which will be fully operational by October. Upbit Singapore CEO Alex Kim explained in an official statement that local users in Singapore will be able to trade all of the cryptocurrencies integrated by partner exchange Bittrex
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• UK Treasury Committee: Cryptocurrencies Are Crypto-Assets and Should be Regulated

  19-09-2018 13:30 via newsbtc.com
  That crypto investors are exposed to a litany of risks in a largely unregulated and developing sphere is true. It is along the same line of consumer protection that the UK’s Treasury Committee is rallying from calling for immediate regulation of the sphere by the Financial Conduct Authority, the country’s markets watch dog.
  At the moment, the FCA has no powers to execute decisively on matters stemming from crypto token issuance or trading. Nonetheless, they have been actively facilit
  
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• Bitcoin Price Lacks Direction After Defense of $6,200

  19-09-2018 13:00
  Bitcoin has again entered range-bound trading following a defense of $6,200 yesterday.
  
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• Ripple Rises Again in 10% Jump , Bitcoin Volumes up 26% to $4 Billion

  19-09-2018 12:58
  Cardano (ADA) and Ripple (XRP) have surged by more than 10 percent in the past 24 hours while Bitcoin maintained stability, leading the recovery of the crypto market. Earlier this week, the valuation of the crypto market dropped to $190 billion, which led investors to worry about a potential fall to the market’s yearly low
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• New York Attorney General: Crypto Exchanges Subject to Market Manipulation

  19-09-2018 12:30 via newsbtc.com
  In a recent statement, New York Attorney General claimed that crypto exchanges are unsafe for business, as they are at risk of market manipulation. The report came as an attempt of US regulators to increase crypto market oversight.
  Crypto Exchanges Remain Unsafe?
  Making a crypto investment is a risky business as it is. The market remains highly volatile, while the number of scams and hacks is constantly on the rise. Now, according to a new report from the New York Attorney General’s office
  
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• Don't Blame Bitcoin Futures for Bear Market, CME Exec Says

  19-09-2018 12:02
  Tim McCourt, managing director of CME Group, has said that bitcoin futures are not to be blamed for the slump in the crypto market this year.
  
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• Bitcoin Still in the Middle of a Bear Market: Analyst

  19-09-2018 12:00
  Veteran Bitcoin analyst Willy Woo insists that bitcoin is still in the middle of a bearish trend. This contradicts the opinions of some experts who believe that the sell-off period has already come to an end, therefore expecting a bull ride to kick in. Market Behaviour and Speculators Since January 2018, bitcoin and the cryptocurrency
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• Cryptocurrency Market Update: Ripple’s xRapid Sends XRP 20% Higher

  19-09-2018 11:45 via newsbtc.com
  FOMO Moments
  Markets have recovered slightly; XRP, Cardano, Tron and Chainlink on a roll.
  Crypto markets have recovered slightly following yesterday’s ten billion dollar dump. Total capitalization has inched slowly back towards $200 billion and is about to break it. One big pump yesterday added $8 billion back into the markets.
  Bitcoin is up marginally today, around 1.2% to $6,370. BTC is facing resistance at the $6,400 level and needs to break through this to see further gains. Ethereum h
  
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