Cryptocurrency news

• Tim Draper Keeps $250,000 Bitcoin Price Target, Says It Will be Bigger Than the Internet

  20-09-2018 23:00 via newsbtc.com
  Billionaire Bitcoin enthusiast Tim Draper remains confident that the dominant cryptocurrency will reach his famous $250,000 price target by 2022.
  Tim Draper Expects Crypto Age to be ‘Bigger Than the Internet Ever Was’
  The venture capitalist known for his early stakes in Tesla, Skype, and Hotmail, was interviewed by TheStreet at the Crypto-Finance-Conference in California. The talk grazed through the underlying technology, the impact on the broader economy and cryptocurrency
  
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• Bitcoin Crisis Averted by Software Bug Discovery

  20-09-2018 23:00 via crypto-news.net
  Since its release in 2009, Bitcoin Core has dealt with several software bugs, yet only a few have been deemed as serious and high-risk. Recent reports indicate that a bug which essentially allowed anyone interested to crash the entire Bitcoin network has just been patched.
  With this in mind, the bug in question has been described as a denial-of-service vulnerability. It worked by allowing miners to create a poisoned block containing a double-spend transaction. An attacker would simply need to se
  
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• SEC Begins Reviewing Physically-Backed Bitcoin ETF, Will Examine 1,400 Comments

  20-09-2018 22:57
  The U.S. Securities and Exchange Commission (SEC) announced on Thursday that has begun a formal review process for the physically-backed bitcoin ETF proposed by VanEck and SolidX. According to the order dated Sept. 20 and published on the SEC’s website, the regulatory agency will now consider whether, pursuant to federal securities guidelines, it should approve
  The post SEC Begins Reviewing Physically-Backed Bitcoin ETF, Will Examine 1,400 Comments appeared first on CCN
  
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• SEC Moves to Make Decision on VanEck-SolidX Bitcoin ETF Proposal

  20-09-2018 22:43
  The U.S. Securities and Exchange Commission (SEC) is now weighing whether to approve the nation's first bitcoin-based exchange-traded fund.
  
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• IBM Patent Eyes Blockchain for Drone Fleet Security

  20-09-2018 22:27
  Computing giant and prolific blockchain researcher IBM has applied to patent a system that would use distributed ledger technology (DLT) to address privacy and security concerns associated with the increasing usage of drones in both commercial and recreational applications. According to documents made public on Thursday by the US Patent and Trademark Office (USPTO), IBM
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• Being a Minority in the Crypto Space is Not Holding This Entrepreneur Back

  20-09-2018 22:00 via newsbtc.com
  When you think of someone in a position of power or prestige, many have a prejudged idea of what that person may look like. For one woman in the crypto space, who considers herself in a minority, she’s attempting to change this.
  Making the Complexity of Finance More Efficient
  Natasha Bansgopaul, is a black female entrepreneur in the fintech space. She’s also the co-founder of DarcMatter, a fintech platform for alternative investments that’s been in operation for over three year
  
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• 5 Members of Congress ‘Strongly Urge’ IRS to Update Bitcoin Tax Guidelines

  20-09-2018 21:41
  A group of U.S. legislators has asked the Internal Revenue Service (IRS) to provide updated guidelines on how taxpayers should report profits associated with investing in bitcoin and other cryptocurrency assets. Republicans Criticize IRS for Enforcing Tax Law without Clear Guidance In a letter dated Sept. 19 and published on the House Ways and Means
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• Enigma Delays Release of 'Discovery' Protocol on Ethereum Mainnet

  20-09-2018 21:30
  The next stage in the privacy protocol's roadmap will no longer occur in Q3, according to the company.
  
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• Japan Sees Rising Crypto Theft, $540 Million Stolen in First Six Months of 2018

  20-09-2018 21:00 via newsbtc.com
  Japan, often fondly referred to as the ‘Land of the Rising Sun’ has this year increasingly become the ‘Land of rising crypto theft,’ with a new report suggesting that the yen equivalent of $540 million has been stolen during the first six months of the year.
  $540 Million in Crypto Theft in 2018, Says Japan’s National Police Agency
  According to a new report from Japanese newspaper Asahi Shimbun on cryptocurrency-related theft in the country, cybercriminals targeting
  
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• Introducing Top eToro Popular Investor Jay Smith

  20-09-2018 20:04
  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. Jay Smith is one of eToro’s most recognisable traders, and he wants everyone to achieve success on the leading global investment and trading platform. Here, in his typically
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• Quick Brew? Bitfury's Coffee Machine Accepts Bitcoin Via Lightning Network

  20-09-2018 20:00
  A Bitfury-led engineering team has created a coffee vending machine capable of accepting bitcoin payments through the Lightning Network.
  
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• Charlie Lee Addresses FUD on Twitter to Prove Litecoin’s Worth

  20-09-2018 20:00 via newsbtc.com
  As the cryptocurrency market comes under attack from numerous sources of FUD (fear, uncertainty, doubt), Litecoin founder Charlie Lee has taken to Twitter to defend the value and legitimacy of the LTC coin. Lee summarized the “concerted effort to suppress Litecoin price” in 10 points in order to clear them up.
  Litecoin Valuable for Its Secure Network, Liquid Market, Relationship with Bitcoin, Founder Charlie Lee Argues
  The capitalization value of the cryptocurrency market has sh
  
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• We Need A Federal Framework To Regulate Cryptocurrencies: Ex-FDIC Chair Sheila Bair

  20-09-2018 19:50
  Sheila Bair, the former chair of the Federal Deposit Insurance Corporation (FDIC), says the time has come for a formal federal regulatory framework to be established to regulate cryptocurrencies. Bair, who’s on the board of blockchain startup Paxos, said Congress needs to step in to regulate the marketing, trading, and selling of virtual currencies in light
  The post We Need A Federal Framework To Regulate Cryptocurrencies: Ex-FDIC Chair Sheila Bair appeared first on CCN
  
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• Kraken CEO Powell ‘Thanks’ New York AG For Its Crypto Research

  20-09-2018 19:25
  Jesse Powell, CEO of Kraken, doesn’t like the way the New York State cryptocurrency regulators have treated him, but he doesn’t think their research is without its merits. After calling the regulators abusive in an earlier tweet today, he followed up by tweeting that the agency’s research in a recently released report has saved his
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• XRP Jumps 14% Following Potential xRapid Launch and New Partnerships

  20-09-2018 19:00 via newsbtc.com
  XRP, the cryptocurrency associated with Ripple and their xRapid settlement system, jumped nearly 14% overnight following a recent 20% jump that can be attributed to a variety of factors.
  The cryptocurrency is currently sitting at $0.369, up from its 24-hour price of just over $0.32. The continued rise in the cryptocurrency’s price was unexpected, and many cryptocurrency analysts boasted about their short positions in XRP. At the time, it appeared that a short position was not unwarranted,
  
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• Just a Cycle? Big Bitcoin Miners Stay Positive in Face of Market Slump

  20-09-2018 18:45
  Executives from several bitcoin mining firms have said at Consensus Singapore that they are not concerned by current low crypto prices.
  
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• Ant Financial Launches B2B Fintech Suite with Blockchain, AI Solutions

  20-09-2018 18:30 via feedproxy.google.com
  
  Ant Financial Services Group, the payments and financial services arm of Chinese e-commerce giant Alibaba, has launched a new suite of fintech products and services targeted at financial institutions and banks. Under the Ant Financial Technology brand, the firm will provide products and services under five product portfolios: large-scale financial transaction technologies, financial security technologies, financial […]
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• Charlie Lee Defends Litecoin Against ‘FUD’ from Short-Sellers

  20-09-2018 18:28
  Litecoin creator Charlie Lee is striking back at what he calls a “concerted effort to suppress” the LTC price on the party of bearish traders and hedge funds who are attempting to short the coin. Writing in a thread posted on Twitter, Lee — who created LTC in 2011 and now develops it full-time —
  The post Charlie Lee Defends Litecoin Against ‘FUD’ from Short-Sellers appeared first on CCN
  
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• RBS Blockchain Team Jumps Ship to Build New Startups Using R3's Corda

  20-09-2018 17:35
  A blockchain team from Royal Bank of Scotland (RBS) has left to start a "venture studio" called Chorum from which full-blown startups an be spun out.
  
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• Bitcoin Price Intraday Analysis: BTC/USD Gaining Towards $6500-Fiat

  20-09-2018 17:28
  Bitcoin on Thursday improved its bullish bias by rising over 1.5 percent against the US Dollar. The BTC/USD on BitFinex is trading at 6421-fiat while continuing its bullish retracement from 6100-fiat, our intraday low. The pair kickstarted the Asian session while forming lows towards 6382-fiat. It consolidated sideways throughout the said session within a strict trading
  The post Bitcoin Price Intraday Analysis: BTC/USD Gaining Towards $6500-Fiat appeared first on CCN
  
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• Up 13%: XRP Jumps By Double Digits for Second Time This Week

  20-09-2018 17:24
  XRP is a standout performer today in the cryptocurrency market as its price boasts double-digit percent gains for the second time this week.
  
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• WaykiChain, Leading Blockchain Start-up Aims to “Disappear”

  20-09-2018 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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• Leading Gaming Startup TriForce Tokens Prepares for Final Token Offering, Following Successful Year

  20-09-2018 16:40
  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 Leading Gaming Startup TriForce Tokens Prepares for Final Token Offering, Following Successful Year appeared first on CCN
  
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• Kraken Trolls NY Regulators, Accuses OAG of Manipulating Bitcoin Futures

  20-09-2018 16:23
  Cryptocurrency exchange Kraken is not backing down from its standoff with the New York attorney general’s office (OAG). Crypto Exchange Asks Whether OAG Employees Manipulated Bitcoin Futures In a series of tweets published over the last two days, the San Francisco-based company, which operates the world’s largest 16th-largest cryptocurrency exchange as measured by daily volume,
  The post Kraken Trolls NY Regulators, Accuses OAG of Manipulating Bitcoin Futures appeared first on CCN
  
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• Restaurants Accept Crypto With PundiX Terminal, Towards Mass Adoption

  20-09-2018 16:08 via newsbtc.com
  The just concluded second edition of Consensus held in Singapore proved to be successful for organizers. Since it was a melting pot for diverse blockchain influencers, investors and star-ups it was only fitting for social amenity providers outside the conference to supply fast means of payment and many ended up using PundiX PoS to expedite payment.In JUSTIN Flavours of Asia, one of the restaurants installed @PundiXLabs XPOS terminal to accept #crypto payment during #ConsensusSingapore. Our guest
  
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• US Lawmakers 'Strongly Urge' IRS to Update Crypto Tax Guidance

  20-09-2018 16:06
  U.S. lawmakers are calling on the Internal Revenue Service to provide clear guidance on how cryptocurrency-related taxes will be calculated.
  
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• Crypto Exchange Coinbase: We Don’t Engage in Proprietary Trading

  20-09-2018 15:21
  Cryptocurrency exchange operator Coinbase has denied that it engages in proprietary trading and that these activities account for a large percentage of the firm’s overall trading volume. CCN reported yesterday that an investigation into cryptocurrency exchange policies and operations, published this week by the New York attorney general’s office (OAG), found that proprietary trading, through … Continued
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• Crypto Exchange Poloniex Announces Delisting for Eight Coins Under New Rules

  20-09-2018 15:05 via feedproxy.google.com
  
  Crypto exchange Poloniex announced on September 18, 2018, that it had started the process of delisting eight assets from its trading platform. The affected tokens are BTCD (Bitcoin Dark), BTM (Bitmark), EMC2 (Einsteinium), GRC (GridCoin), NEOS (NeosCoin), POT (PotCoin), VRC (VeriCoin), and XBC (Bitcoin Plus). The delisting becomes effective at 12:00 ET on September 25, […]
  The post Crypto Exchange Poloniex Announces Delisting for Eight Coins Under New Rules appeared first on Coinjournal.
  
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• No, Bitcoin Did Not Nearly Crash, Bugs Never Get to Production Release

  20-09-2018 15:04 via newsbtc.com
  While Bitcoin (BTC) is the first, largest, and the most popular cryptocurrency, it is certainly not perfect. Even though the it is often seen as a standard for the crypto world, a single flaw in the right place would be enough to bring it down.
  One such flaw was detected quite recently, and this Tuesday, Bitcoin Core developers successfully released a new software version that patched the vulnerability. Despite the fact that the developers reacted quickly, and the flaw was handled in no time, it
  
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• Bitfury Reveals New Generation of Bitcoin ASIC Chips

  20-09-2018 15:00
  Bitfury Group unveiled a new generation of bitcoin mining ASICs on Wednesday, boasting greater efficiencies than previous models.
  
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• Ripple Surges by 36% in 48 Hours as Crypto Market Adds $2 Billion

  20-09-2018 14:23
  Over the past 24 hours, major cryptocurrencies in the global market including Bitcoin, Ethereum and EOS increased by 2 to 5 percent, as Ripple led the market with a solid 10 percent gain. Since September 18, within 48 hours, the price of XRP, the native cryptocurrency of the Ripple blockchain network, rose by more than … Continued
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• One of Investors' Favorite Governance Blockchains Is Handing Over $20 Million

  20-09-2018 14:00
  Investors are looking forward to Decred's new approach to blockchain governance – in part, because its devs are opening up $20 million in tokens.
  
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• $60 Mln Crypto Exchange Hack in Japan had no Impact on Bitcoin Price

  20-09-2018 14:00 via newsbtc.com
  Another hacking attack has hit a known crypto exchange in Japan, and this time, thieves managed to steal around $60 million in crypto.
  Another Crypto Exchange Hack
  The popularity of attacks on crypto exchanges seemingly continues to grow, with another such exchange being hit just recently, in Japan. It is largely believed that such incidents are one of the main reasons why institutional investors still avoid getting heavily involved with the crypto world. This is only the last one in a long stri
  
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• Japan Cryptocurrency Theft Cases Tripled in H1 2018, $530 Million Stolen: Police

  20-09-2018 13:33
  Barely before the ink had dried on the news that Japanese cryptocurrency exchange Zaif had been hacked and slightly less than US$60 million stolen, the National Police Agency (NPA) of Japan has released a report highlighting the vulnerability of Japan’s crypto space. According to the NPA, the number of incidents involving the theft of funds … Continued
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• The $234 Billion Money Laundering Case at Danske Bank’s Impossible in Bitcoin Ecosystem

  20-09-2018 13:00 via newsbtc.com
  This week, Danish publications reported that Danske Bank CEO has resigned amidst allegations of potential money laundering hundreds of billions of dollars, an amount that is equivalent to the market cap of crypto.
  When billions or dollars are involved, history has it that banks can’t resist the urge to “inject” the money into the system, regardless of the source. As such, it is uncommon for the media to highlight cases where banks are fined billions. Whether those are face-savi
  
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• Bitcoin Price Sees High-Volume Recovery From Five-Week Lows

  20-09-2018 13:00
  Bitcoin's rebound from the five-week low of $6,100 has saved the day for the bulls and kept range-bound trading conditions intact.
  
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• Licensed Crypto Exchange Zaif Plans Compensation after 6,000 Bitcoins, $60 Million Crypto Theft

  20-09-2018 12:24
  In the second major hack of a Japanese cryptocurrency exchange this year, some 6.7 billion yen ($60 million) in cryptocurrencies were stolen from the wallets of Zaif of which 4.5 billion yen ($40 million) belonged to customers. Tech Bureau, operator of cryptocurrency exchange Zaif, confirmed the hack occurred between 1700 and 1900 local time on
  The post Licensed Crypto Exchange Zaif Plans Compensation after 6,000 Bitcoins, $60 Million Crypto Theft appeared first on CCN
  
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• Japan Lost $540 Million to Crypto Hacks in First Half of 2018

  20-09-2018 12:00
  Japan's police agency has released data revealing that cyberattacks leading to thefts of cryptocurrency rose sharply earlier this year.
  
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• Switzerland and Israel Collaborate on Cryptocurrency & Blockchain Regulation

  20-09-2018 11:20
  The Swiss Minister for Finance Ueli Maurer recently visited Israel along with State Secretary for International Financial Matters Joerg Gasser, citing their goal as gaining bank access to Israeli markets to allow Swiss banks to trade there. Reuters reports that the two nations have now agreed to collaborate on financial technology, cryptocurrency, and blockchain regulation following their discussion
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• Cryptocurrency Trading Update: Have Crypto Markets Reached The Bottom?

  20-09-2018 11:15 via newsbtc.com
  FOMO Moments
  Markets are stagnant this Thursday; FunFair and Chainlink rising, Maker and Monacoin falling.
  There has been very little market movement over the past 24 hours. The good news is that the movement that has happened has been positive and markets have just crept back above $200 billion total capitalization.
  Bitcoin is up less than one percent today but that has been enough to take it over the $6,400 resistance level. BTC is currently trading at $6,405 but technical indicators suggest m
  
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• ING, Citigroup, Shell And ConsenSys Partner to Create Ethereum-Based Platforms

  20-09-2018 11:12 via newsbtc.com
  In spite of a multi-month tumultuous market, institutions continue to clamor for the implementation of innovative systems and solutions that are based on blockchain technologies.
  15 Firms Enter A ConsenSys-backed Blockchain Initiative 
  On Wednesday morning, a media embargo on one of the most notable blockchain-related developments of this year was finally dropped. As per a short, but sweet four-page document, entitled “Industry Players and Banks Join Forces to Launch Blockchain P
  
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• Brazil Moves to Probe Banks After Crypto Exchanges Denied Services

  20-09-2018 11:00
  Brazil's antitrust watchdog is investigating major banks for potentially collaborating to prevent crypto brokerages from gaining banking services.
  
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• SIX Network Aims to Be the Pioneer in the Digital World to Integrate Blockchain in Daily Life

  20-09-2018 10:56
  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 Price Watch: BTC/USD Preparing for Next Upside Wave

  20-09-2018 10:48 via newsbtc.com
  Key PointsBitcoin price recently dipped and then rallied above the $6,400 level against the US Dollar.
  There was a break above two bearish trend lines with resistance at $6,320 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair is currently correcting lower, but it remains supported near the $6,320-00 zone.Bitcoin price is positioned in the positive zone above $6,300 against the US Dollar. BTC/USD could move back higher towards $6,500 in the near term.
  Bitcoin Price Analys
  
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• Credits Showcases over a Million Transactions per Second Unreachable for Any Other Blockchain Platform

  20-09-2018 10:40
  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. On September 14, Credits performed a capacity test of its blockchain platform in a real life environment using thirty two geographically distributed nodes and broadcasted it live on
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• Australia’s Financial Watchdog Cracks Down on ‘Misleading’ ICOs & Crypto Funds

  20-09-2018 10:22
  Australia’s financial regulator and watchdog is ramping up its scrutiny into ‘misleading or deceptive’ initial coin offerings (ICOs) and crypto-asset funds targeting retail investors. The Australian Securities and Investments Commission (ASIC) has confirmed it has identified “consistent problems” to ultimately shut down several initial coin offerings aimed at soliciting funds from retail investors. A radical
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• Supporting with Five Highlights, the New Generation of ColdLar Wallet Pro 3 Shocked Release

  20-09-2018 10:02
  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 Supporting with Five Highlights, the New Generation of ColdLar Wallet Pro 3 Shocked Release appeared first on CCN
  
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• Ripple Price Analysis: XRP/USD Signaling Upside Extension

  20-09-2018 10:00 via newsbtc.com
  Key HighlightsRipple price surged higher recently and broke the $0.3200 resistance level against the US dollar.
  There is a major contracting triangle in place with resistance at $0.3300 on the hourly chart of the XRP/USD pair (data source from Kraken).
  The pair could correct a few points, but it remains supported above the $0.3100 level.Ripple price is trading with a bullish bias against the US Dollar and Bitcoin. XRP/USD needs to gain above $0.3350 for a push towards the $0.3500 level.
  Ripple P
  
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• Coinbase Refutes Claims in New York Attorney General's Exchange Report

  20-09-2018 09:50
  Coinbase and other exchanges have hit back at claims of vulnerability to market manipulation in a report from the New York Attorney General's Office.
  
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• Coinbase Disputes Claims in New York Attorney General's Exchange Report

  20-09-2018 09:50
  Coinbase and other exchanges have hit back at claims of vulnerability to market manipulation in a report from the New York Attorney General's Office.
  
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