Cryptocurrency news

• St. Louis Fed VP: A Private Crypto Could Solve the 'Triffin Dilemma'

  02-10-2018 23:30
  An economist with the St. Louis Federal Reserve said that cryptocurrencies could solve a problem faced by global currency reserves like the dollar.
  
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• Bitcoin, Cryptocurrency Receive Recognition for Financial Impact Over Last Decade - Ethereum World News (blog)

  02-10-2018 23:27 via ethereumworldnews.com
  Ethereum World News (blog)
  Bitcoin, Cryptocurrency Receive Recognition for Financial Impact Over Last Decade
  Ethereum World News (blog)
  Bitcoin (BTC), Cryptocurrency–While some have found nothing but dismay in cryptocurrency over 2018, as investors contend with an ongoing bear market for both Bitcoin and the general altcoin market, one financial outlet has managed to sing the praise of ...and more »
  
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• John McAfee-Linked Bitcoin Mining Firm Hit with Lawsuit over Pump-and-Dump Scheme

  02-10-2018 23:19
  MGT Capital Investments, a bitcoin mining and cryptocurrency investing firm formerly associated with John McAfee, has been hit with a class-action lawsuit over allegations that its former CEO participated in a pump-and-dump scheme that manipulated the price of MGT shares. Bitcoin Mining Firm Faces Class-Action Suit The suit, which was filed by Rosen Law Firm
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• Curated blockchain and cryptocurrency news – Week 39, 2018

  02-10-2018 23:00 via crypto-news.net
  In this series, we present you a week full of news in a single article for your reading or scrolling pleasure. We’ve done our best to select the most relevant and interesting news topics of the past week published by various websites that are relevant to cryptocurrency, blockchain and also companies, finance, intellectual property, new brave steps by institutions and more.September 25th
  Walmart doubles down on commitment to incorporate blockchains in corporate supply chains
  Walmart, one of
  
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• BitMEX Appoints Hong Kong Regulator to Position of Chief Operating Officer

  02-10-2018 23:00 via newsbtc.com
  In an effort to help them navigate the global regulatory landscape, BitMEX, one of the planet’s largest cryptocurrency exchanges, has appointed Angelina Kwan to the position of chief operating officer. Kwan is something of a veteran in the Hong Kong financial regulation space.
  Regulatory Expert Angelina Kwan Drafted into the BitMEX Team
  BitMEX has become the latest in a slew of cryptocurrency exchange platforms to poach big names from the world of traditional finance. The leading Bitcoin e
  
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• 1Broker Shut Down, Will More Bitcoin Exchanges be Targeted by US Gov’t?

  02-10-2018 22:18
  1Broker, a Marshall Islands-based securities dealer and bitcoin trading platform, was recently taken down by the US authorities. The FBI seized the domain of 1Broker, shutting down the platform for allegedly violating money laundering regulations and distributing securities as an unregistered dealer. The official announcement of the US Securities and Exchange Commission (SEC) read: “The
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• 'Bitcoin Bug' Exploited on Crypto Fork as Attacker Prints 235 Million Pigeoncoins

  02-10-2018 22:05
  Using a major bug found and fixed on bitcoin last month, an attacker was able to print 235 million coins on "pigeoncoin."
  
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• Venezuela Formally Releases Petro, Will It Aid the Country’s Economic Recovery?

  02-10-2018 22:00 via newsbtc.com
  Venezuela’s oil-backed cryptocurrency, the Petro, will be released to the global markets this Monday, marking one of the first cryptocurrencies in the industry to be created and administered by a government.
  The cryptocurrency is part of the government’s “Economic Recovery, Growth, and Prosperity Program” that came about after the country fell into economic turmoil following a messy political switch to socialism.
  While speaking to the country during a televised address, N
  
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• Can Blockchain Solve Brexit Border Woes? UK Finance Minister Believes So

  02-10-2018 21:00 via newsbtc.com
  Phillip Hammond, the U.K. finance minister, stated yesterday that blockchain technology could help smooth trade across the Irish border after the U.K. leaves the European Union. However, Hammond is the first to admit that he has no idea what he is talking about.
  UK Minister Relies on Poor Understanding of Tech in the Wake of Failing Negotiations
  There is ever-growing concern about how the U.K. leaving the European Union next year will impact the U.K. itself, as well as their European neighbours.
  
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• Brave CEO Tells Senate that U.S. Needs GDPR-Style Data Privacy Rules

  02-10-2018 20:42
  The chief executive of cryptocurrency-funded web browser Brave has penned a letter to the U.S. Senate calling for legislators to adopt data privacy regulations comparable to those recently implemented in Europe. Brave CEO Calls for a U.S. GDPR Writing in the letter dated Sept. 28 and addressed to the U.S. Senate Committee on Commerce, Science,
  The post Brave CEO Tells Senate that U.S. Needs GDPR-Style Data Privacy Rules appeared first on CCN
  
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• CrowdForce: Empowering Financial Services With Blockchain

  02-10-2018 20:37
  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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• Are We Close to ‘Crossing the Chasm’ of Mass Adoption of Blockchain Tech – Find the Answer in Zurich at Crypto Summit

  02-10-2018 20:30
  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 Are We Close to ‘Crossing the Chasm’ of Mass Adoption of Blockchain Tech – Find the Answer in Zurich at Crypto
  
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• Mining Giant Bitmain Acquires Bitcoin Cash Wallet Startup

  02-10-2018 20:15
  Bitmain has acquired Telescope, an open-source, browser-based wallet for bitcoin cash.
  
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• Zebpay’s Co-Founder is Still “Bullish on Bitcoin” Despite Exchange Closure

  02-10-2018 20:00 via newsbtc.com
  Sandeep Goenka recently closed down his Bitcoin exchange in India, but he remains optimistic towards the digital currency that began the financial decentralization movement.
  In his latest tweet, the co-founder of the now-defunct Zebpay said that he is more bullish on Bitcoin than he ever was. Goenka is not the first entrepreneur or investor who has expressed his upside bias towards the digital currency. But the statement comes at a time when Zebpay is facing criticism from former users for drawi
  
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• French Official Arrested for Allegedly Selling State Secrets for Bitcoin

  02-10-2018 19:37
  A French security official with the Direction Générale de la Sécurité Intérieure (DGSI) was indicted last week and taken into custody on charges of selling state secrets in exchange for payments in bitcoin. According to local French media Le Parisien, the unnamed agent was allegedly arrested for peddling economic information and falsifying administrative documents. Protecting French
  The post French Official Arrested for Allegedly Selling State Secrets for
  
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• Contentos Announces Investment from Binance to Further Development of Decentralized Digital Content Ecosystem

  02-10-2018 19:27
  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. Contentos, a blockchain protocol for decentralizing the digital content ecosystem, moves forward with building out investment and strategic partnerships that will be instrumental in forming the foundation for
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• Cryptocurrency is ‘Here to Stay’: CFTC Chairman Giancarlo

  02-10-2018 18:30
  Bitcoin may never replace the greenback, but the flagship cryptocurrency could achieve significant adoption in the two-thirds of countries without stable currencies. That statement might sound like a thesis put forward by an early bitcoin adopter, or perhaps a forward-thinking hedge fund manager. In actuality, though, that bullish forecast was issued by J. Christopher Giancarlo,
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• Coinbase Adds Charles Schwab Advisor to Board of Directors

  02-10-2018 18:30
  Coinbase has brought a Charles Schwab advisor onto its board of directors, as well as hired a new managing director for institutional products.
  
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• This company will enable you to earn interest on your cryptocurrency - MarketWatch

  02-10-2018 18:28 via marketwatch.com
  This company will enable you to earn interest on your cryptocurrency
  MarketWatch
  With funding from Andreessen Horowitz, the Compound protocol has built a money market for cryptocurrencies on the blockchain. By. AaronHankin. Reporter. A San Francisco–based company has developed a platform to create an interest-rate market for ...
  
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• BitMex Taps Former HKEX Executive to Head Its Compliance Affairs

  02-10-2018 18:19
  These new hires from mainstream finance firms respond to the recent calls to regulate cryptocurrency exchanges.
  
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• GBTC Premium Down 10%: Will Bitcoin Drop in Price or is ETF Hype Rising Again?

  02-10-2018 17:23
  The premium on Bitcoin Investment Trust (GBTC), a publicly tradable Bitcoin instrument operated by Grayscale Investment, a $2 billion cryptocurrency fund and subsidiary of Digital Currency Group (DCG), has dropped by 10 percent in the past week. Tyler Jenks, the president of Lucid Investment, who operated as an analyst in the traditional finance sector for
  The post GBTC Premium Down 10%: Will Bitcoin Drop in Price or is ETF Hype Rising Again? appeared first on CCN
  
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• Joseph Lubin of Ethereum/ConsenSys Invests Millions in Bermuda-Based DrumG

  02-10-2018 17:08
  Lubin will sit on the board of DrumG, which is blockchain-agnostic and run by former employees of Ethereum-competitor R3.
  
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• South Korea's Policy Chief Calls for Legalization of ICOs

  02-10-2018 17:04
  The chairman of South Korea's National Policy Committee has called for the legalization of ICOs at a meeting of the National Assembly.
  
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• Blockchain Has ‘Staggering’ Possibilities, Pres. Bill Clinton Tells Ripple Conference

  02-10-2018 16:28
  Ten years ago this month, pseudonymous developer Satoshi Nakamoto published the whitepaper for a new piece of technology that sought to upend the global financial system: “Bitcoin: A Peer-to-Peer Electronic Cash System.” There’s perhaps no clearer sign of the degree to which the Nakamoto revolution has begun to take hold than that yesterday, on Oct.
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• Facebook’s Latest Scandal Reveals Some Worrying Security Shortfalls

  02-10-2018 16:13
  Facebook’s security protocols are once again under fire following a new security breach that affected over 50 million users.
  On Friday, September 28th, the social media giant announced that hackers had exploited a website feature that allowed the bad actors to log-in and access users’ data. The attackers exploited code associated with the “view as” function, granting them to steal users’ “access tokens” – the feature which allows users to
  
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• Crypto Mining for Political Campaigns? A US Elections Agency Is Considering It

  02-10-2018 16:00
  US election officials are considering a request that, if approved, would let people contribute to political campaigns by mining cryptocurrencies.
  
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• Flippening? Singapore Hosted More ICOs than the US in August: Report

  02-10-2018 15:23
  With the increased regulatory scrutiny on ICOs in the United States, there appears to be a move by projects towards more friendly environments. According to blockchain analytics firm Elementus, there was a decline in the number of ICOs hosted in the United States compared to Singapore in the month of August. In that month the … Continued
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• VC Investment in Blockchain Startups Is Up 280% So Far This Year

  02-10-2018 15:15
  VC investment in blockchain and cryptocurrency startups is soaring in 2018, having already almost tripled last year's total, says a report.
  
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• The B Foundation vs The Bitcoin Foundation

  02-10-2018 15:06
  The launch of the B Foundation is perhaps the biggest recent event in the Bitcoin community. Announced on September 23, 2018, during the Baltic Honeybadger conference, the new organization announced a series of ambitious goals: support innovation in the development of the Bitcoin project, educate talented programmers through scholarship grants, and provide growth assistance to BTC businesses.
  Bitcoin maximalists Alena Vranova and Giacomo Zucco are the two masterminds behind the B Foundation and
  
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• TEMCO Secures Investment from No. 1 Korean Venture Capital “Korean Investment Partners”

  02-10-2018 14:54
  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 … Continued
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• Formosa Financial Announces Client on Boarding Q4 2018 Mithril Client #1

  02-10-2018 14:49
  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 … Continued
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• Blockchain Healthcare Company NHCT Announces Pre Token Sale Starting Oct 1st, 2018

  02-10-2018 14:44
  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 … Continued
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• $80 Billion Banco Santander Uses Ripple For Payments, Will Many Banks Follow?

  02-10-2018 14:28
  On October 2, Ripple Labs announced the integration of RippleNet into OnePay FX, a mobile application for cross-border payments developed by $80 billion banking giant Banco Santander. The strategic partnership between Ripple Labs and Santander was announced in March of 2018, but at the time, the intricacies of the collaborative work between the two companies … Continued
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• Ripple Swell Day One Roundup: xRapid Launch and RippleNet Use Cases

  02-10-2018 14:00 via newsbtc.com
  The first day of the Ripple’s two-day blockchain conference saw some significant updates.
  As predicted, the San Francisco event turned out to be the launchpad of Ripple’s cross-border payment system, xRapid. CEO Brad Garlinghouse took the stage to announce that xRapid will go live for the first time with three mainstream financial institutions.  Payment providers Mercury FX and Cuallix, as well as financial firm Catalyst Corporate Federal Credit Union will deploy xRapi
  
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• Blockchain the Answer to Avoiding an Irish Hard Border in Brexit: UK Finance Minister

  02-10-2018 13:37
  As the Irish border question has remained one of the thorniest issues in the Brexit talks between the United Kingdom and the European Union, a cabinet minister in Prime Minister Theresa May’s government believes the solution lies in technology. According to Phillip Hammond, UK’s finance minister, the best way to ensure trade across the Irish
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• Puerto Rico’s Noble Bank for Sale – Victim of Cryptocurrency Market Drop?

  02-10-2018 13:21
  The bank is no longer profitable and could sell for as little as $5 million.
  
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• Crypto Platform 1Broker Seeks Much-Needed Legal Support After SEC, FBI Shutdown

  02-10-2018 13:00 via newsbtc.com
  Marshall Islands-based 1Broker has been in a flurry as of late, as the crypto-focused investment services provider came under heavy fire from the top guns of the free world, American regulators and their closest compatriots.
  1Broker Sees Court Case Develop, Positive Signs
  As reported by NewsBTC on September 28th, 1Broker, a foreign crypto startup, was unexpectedly hit with regulatory action from the U.S. Securities and Exchange Commission (SEC), Commodities and Futures Trading Commissi
  
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• 50-Day Moving Average Is Newest Hurdle for Battered Bitcoin Price

  02-10-2018 13:00
  Bitcoin could feel the pull of gravity in the next 24 hours, having failed to beat a key moving average hurdle for four days straight.
  
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• Hyperledger & EEA: The Two Biggest Blockchain Consortiums Join Forces

  02-10-2018 12:23
  In a significant move to propel the adoption of blockchain technology in the enterprise sector, two of the largest blockchain consortiums in the industry have announced their formal collaboration. The Enterprise Ethereum Alliance (EEA), a consortium that sees over 300 members working to leverage open-source Ethereum technology for blockchain solutions in enterprise and Hyperledger, a
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• Google Moves to Protect Chrome Users From Cryptojacking and Hacks

  02-10-2018 12:00
  Google is bringing in stricter rules for Chrome extension developers, a move should reduce the risk of crypto hacks and mining malware.
  
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• CFTC Chair: Cryptocurrencies Have a Future, They Are Here To Stay

  02-10-2018 12:00 via newsbtc.com
  One of the most pertinent issues facing the cryptosphere today is regulation, as members of prominent governmental agencies, like the Commodities Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC), have yet to come to a unanimous opinion on how this nascent space should be regulated and managed. However, a leading member of the CFTC intends to amend this problem, recently outlining his thoughts on the crypto market and how regulators, like himself, should ad
  
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• Blockchain Adoption Levels Highest in the Semiconductor Industry: Accenture

  02-10-2018 11:08
  A study conducted by global professional services firm Accenture indicates that with regards to the adoption of blockchain technology, the semiconductor sector is currently enjoying the highest levels of bullish sentiment compared to other surveyed sectors. The study which polled mostly senior executives at firms which boasted of yearly revenues of at least US$0.5 billion
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• Researchers: Bitcoin a Perfect Diversification Asset for Institutions

  02-10-2018 11:00 via newsbtc.com
  Matt Hougan, the vice president of research and development at Bitwise Asset Management Inc, expects the correlation between Bitcoin and the broader financial market to remain low, which may allow Bitcoin to appeal to institutional investors as a proper diversification asset whose price movement is immune to traditional market swings.
  According to research findings published by professors Lawrence Trautman and Taft Dorman of the Western Carolina University, wild price fluctuations of Bitcoin all
  
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• CryptoKitties By the Dozen: OpenSea to Bundle Collectibles for Easy Sales

  02-10-2018 11:00
  With a new feature called "bundles," the OpenSea marketplace says its sellers can offer crypto collectibles at better prices.
  
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• South Korea’s Biggest VC Firm Chooses RSK-Based Project

  02-10-2018 10:32
  Korea Investment Partners of Seoul invested an undisclosed amount in TEMCO, a business supply-chain project.
  
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• South Korea’s Biggest VC Firm Chooses EOS-Based Project

  02-10-2018 10:32
  Korea Investment Partners of Seoul invested an undisclosed amount in TEMCO, a business supply-chain project.
  
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• Bitcoin Futures Firm 1Broker Moves to Renew Trader Access After US Charges

  02-10-2018 10:00
  Bitcoin futures trader 1Broker hopes to launch a read-only version of its website in the next few days after being sued by the SEC and CFTC.
  
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• Another Stablecoin: U.K. Crypto Exchange Launches GBP-Pegged Cryptocurrency

  02-10-2018 09:34
  The London Block Exchange has announced the launch of a GBP-pegged cryptocurrency stablecoin called LBXPeg. In a statement posted on its website, LBX revealed that the so-called “cryptopound” will be tied to the value of GBP held in an auditable U.K. bank account on a 1:1 basis. Speaking to Business Insider ahead of the launch, LBX CEO,
  The post Another Stablecoin: U.K. Crypto Exchange Launches GBP-Pegged Cryptocurrency appeared first on CCN
  
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• Ripple Price Analysis: XRP/USD Bullish Above $0.5520

  02-10-2018 09:30 via newsbtc.com
  Key HighlightsRipple price is holding the $0.5500 and $0.5520 support levels against the US dollar.
  There is a major breakout pattern formed with resistance at $0.5820 on the hourly chart of the XRP/USD pair (data source from Kraken).
  The pair must hold the $0.5500 and $0.5520 support levels to climb higher in the near term.Ripple price is positioned for more gains against the US Dollar and Bitcoin. XRP/USD may continue to slowly rise towards the $0.5800 and $0.5900 resistances.
  Ripple Price Ana
  
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• Ethereum Price Analysis: ETH/USD Eyeing Upside Break Above $236

  02-10-2018 08:28 via newsbtc.com
  Key HighlightsETH price remained in a tight range above the $222 and $223 support levels against the US Dollar.
  Yesterday’s highlighted key bullish trend line is intact with support at $224 on the hourly chart of ETH/USD (data feed via Kraken).
  The pair is likely to climb higher slowly and it could even surpass the $234 and $238 resistances.Ethereum price is slowly gaining traction against the US Dollar and bitcoin. ETH/USD needs to clear the $234, $236 and $238 levels to accelerate higher
  
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