Cryptocurrency news

• Tron Says its Community is More Active Than Ethereum, Hackathon Shows Otherwise

  08-10-2018 23:40
  During an interview with Investopedia on Oct. 5, Tron CEO Justin Sun stated that its developer community is more vibrant and active than Ethereum. When asked by the publication to provide five reasons why Tron is better than Ethereum, Sun said: “At TRON we always emphasize the importance of accessibility and our dedication to the
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• IBM Further Solidifies Position in Blockchain Industry with New Commercial Product

  08-10-2018 23:30 via newsbtc.com
  Following the release of IBM’s much hyped World Wire product, the U.S. tech giant is now further solidifying their position in the blockchain industry with the introduction of a new product that makes tracing food significantly more efficient.
  The product, called the IBM Food Trust Platform, has been in the testing phase for the past 18 months, and is just now going live for use by global retailers, logistics companies, wholesalers, and suppliers, who manage the global food ecosystem.
  The
  
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• UK’s Oldest Bitcoin Exchange Announces Layoffs amid Prolonged Bear Market

  08-10-2018 22:35
  Coinfloor, the oldest bitcoin exchange in the U.K., will lay of most of its 40 employees, according to two sources interviewed by the Financial News. The layoffs at the London-based exchange are in response to “significant” change in market volume, according to Obi Nwosu, Coinfloor’s chief executive, and are seen as a setback for the
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• London Cryptocurrency Exchange Coinfloor Announces Layoffs amid Prolonged Bear Market

  08-10-2018 22:35
  Coinfloor, the oldest bitcoin exchange in the U.K., will lay of most of its 40 employees, according to two sources interviewed by the Financial News. The layoffs at the London-based exchange are in response to “significant” change in market volume, according to Obi Nwosu, Coinfloor’s chief executive, and are seen as a setback for the
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• Bitcoin Miner in China Receives Prison Sentence for Electricity Theft

  08-10-2018 22:30 via newsbtc.com
  A man has plead guilty to stealing electricity from the Chinese state to power his Bitcoin mining operation. Xu Xinghu will be forced to serve a three and a half year prison sentence and pay around a $14,500 fine for his crime.
  Dwindling Profit Margins Cause Bitcoin Miners to Steal Power
  According to reports in local media picked up by TechNode, a man has been jailed for stealing electricity to power his Bitcoin mining operation.
  Xu Xinghu plead guilty to taking power directly from the Chin
  
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• Successful ICO Roundup – First Week of October

  08-10-2018 22:00 via crypto-news.net
  Welcome to October’s successful ICO roundup series where we bring you the success stories of every week throughout the month. Today, we will be looking at projects that have successfully completed their fundraisers in the first week of October.
  We created and completed a series in September and people were enjoying the content, and most importantly were vocal about it by sharing it on social media. We appreciate every one of you that supported us with your opinion by taking positive action
  
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• Crypto Firm Prepares £45 Million Bid on Hull City Football Club

  08-10-2018 21:34
  Yorkshire-based championship football team Hull City may be about to change hands as international bidders make their interest known in what is being referred to as a takeover in the UK media. Last weekend Paul Duffen, former chairman of Hull City AFC, announced his intention to buy the club with the backing of Saudi Arabian
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• European Securities Regulator to Report on ICO Rules by 2019

  08-10-2018 21:30
  ESMA intends to report on how it may regulate ICOs by the end of 2018, chair Steven Maijoor told a European Parliament committee.
  
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• EU Financial Watchdog to Determine ICOs Outside of “Regulatory World”

  08-10-2018 21:30 via newsbtc.com
  The European Securities and Markets Authority (ESMA), the European Union’s financial watchdog, has announced it is taking the same approach to initial coin offerings (ICOs) as its U.S. counterpart. The agency is examining all types of cryptocurrency fundraisers to determine how they fit EU’s regulatory framework.
  ESMA to Assess What to Do with ICOs Outside Regulatory World
  Governments across the globe have been attempting to fit digital tokens distributed on ICOs into their regulator
  
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• Cryptocurrency ‘More Centralized than North Korea’: NYU Economist

  08-10-2018 20:33
  New York University (NYU) economist Nouriel Roubini is scheduled to testify later this week during a U.S. Senate hearing on blockchain and cryptocurrency technology, and the noted bitcoin basher appears to be preparing for his testimony by trying out some new criticisms of the nascent asset class. Ethereum Co-Creator a ‘Dictator for Life’ Writing on
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• TRON Surges 16% Overnight, What Has Triggered the Crypto to Rise?

  08-10-2018 20:30 via newsbtc.com
  TRON (TRX) has just experienced a significant price surge, spiking up by around 16%. This makes TRON one of only a few altcoins to go through such a massive price surge in the recent weeks.
  According to experts, this is still not the long-awaited bull run, which is expected to come in the following days. Once the real bull run arrives, TRX will become one of the few coins that will benefit from it the most, analysts claim.
  TRON (TRX) Price Surge
  The new price surge for TRON started only recently
  
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• Ripple’s Founder Chris Larsen Listed Among Forbes’ 400 Wealthiest Americans

  08-10-2018 19:36
  Given the crypto's hyper-volatility, Forbes provides ranges rather than precise figures.
  
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• UK Telecom Regulator Wins Grant to Study Blockchain

  08-10-2018 19:30
  The U.K.'s communications regulator, Ofcom, received £700,000 to study potentially using blockchain in managing the nation's 1 billion phone numbers.
  
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• Cpublic Exchange Ready to Shake up Cryptocurrency Markets with Release of Groundbreaking Exchange and ICO

  08-10-2018 19:30
  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
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• Bitcoin Price Intraday Analysis: BTC/USD between Breakout and Bull Trap

  08-10-2018 19:29
  The Bitcoin-to-Dollar exchange rate on Monday surged 2 percent against the US Dollar from 6590-fiat to 6729-fiat on bottom formation sentiment and increased institutional investments. The Bitcoin had a steady week, rising and dropping within a specific range with its trend facing upward. Many believe the digital currency has found its bottom and a massive
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• How blockchain technology can enhance cybersecurity

  08-10-2018 19:00
  Cryptography and cybersecurity is embedded in the fabric of blockchain technology. One of the main breakthroughs of blockchain tech is the way information is secured, authenticated, accessed, and transferred. This is different from the currently used systems that keep data stored in one place. Blockchain allows data to be distributed across multiple nodes and encrypted with cryptography. Even though cryptocurrency exchanges are vulnerable to attack, there are virtually no instances where a major
  
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• Binance Makes Update to Listing Fee Policy, to Donate 100% to Charity

  08-10-2018 18:45 via newsbtc.com
  In a recent announcement on the Binance website, the major cryptocurrency exchange explained that they would be introducing an unprecedented policy that makes coin listing fees completely transparent, with 100% of those fees being donated to charity. The move comes as exchanges face growing criticism regarding their listing policies.
  In the post, the exchange explains that “going forward, we will make all listing fees transparent and donate 100% of them to charity,” removing the
  
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• After Record High Stability, is Bitcoin Finally Ready to Bounce?

  08-10-2018 18:15
  On October 8, Bitcoin achieved a 17-month low volatility. Experts have stated that the cryptocurrency market is maturing as more funds from the traditional finance sector flow into the market. Although the volume of Bitcoin still remains at around $2 billion on CoinCap.io and $3.3 billion on Coinmarketcap, the dominant cryptocurrency has recorded a slight
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• A16z, Binance and More Back Oasis Labs' New Blockchain Startup Program

  08-10-2018 17:59
  Oasis Labs is launching an support program for startups focused on privacy applications of blockchain, and some big investors are on board.
  
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• A16z, Binance and More Back Oasis Labs' New Blockchain Incubator

  08-10-2018 17:59
  Oasis Labs is launching an incubator program for startups focused on privacy applications of blockchain, and some big investors are on board.
  
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• Fake News? Cryptocurrency Exchange Bitfinex Denies Rumors of Insolvency

  08-10-2018 17:25
  Responding to longstanding rumors of financial struggles and outright accusations of insolvency, major cryptocurrency exchange Bitfinex has provided a glimpse into its cryptocurrency balance sheet. The exchange, which is registered in the British Virgin Islands but headquartered in Hong Kong, sought to dispel these rumors in a blog post published on Sunday, which included links
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• United Arab Emirates to Allow ICOs as Corporate Funding Option

  08-10-2018 17:05
  The U.A.E. plans to introduce regulations that would permit initial coin offerings to be used as a means of fundraising for domestic companies.
  
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• (MM) If Bitcoin Is a Bubble, Pot Stocks Will Blow Up in Smoke

  08-10-2018 17:05
  The post (MM) If Bitcoin Is a Bubble, Pot Stocks Will Blow Up in Smoke appeared first on CCN
  
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• Maker Price (MKR) Explodes Through $750 as Dai Cryptocurrency Awaits Augur Integration

  08-10-2018 16:46
  Maker (MKR), the central token of the Maker smart contract platform and the Dai stablecoin system, has experienced a phenomenal rally over the past month, bolstered a major partnership and an investment from one of the cryptocurrency industry’s top venture funds. Less than one month ago, on Sept. 12, MKR was trading below $300. Since
  The post Maker Price (MKR) Explodes Through $750 as Dai Cryptocurrency Awaits Augur Integration appeared first on CCN
  
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• CoinText Launches BCH Payments via Text Message in Israel and Hong Kong

  08-10-2018 16:28
  The company now services 25 countries, aims for 70 percent of world by end of 2018.
  
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• Alibabacoin Is Listed on Top Exchanges from around the World on 8th October

  08-10-2018 16:08
  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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• Ethereum Developer Community Still Very Active: 1,000 Developers at Hackathon

  08-10-2018 15:56 via newsbtc.com
  2018 has been a rocky year for Ethereum. The virtual currency’s price crossed $1400 in January, and it bottomed below $170 in September. Despite the significant price plunge, Ethereum continues to remain popular among developers, as it can be witnessed from the participation drawn by a hackathon in San Francisco.
  It was revealed that 1,000 developers were hacking Ethereum at the ongoing hackathon in San Francisco. The Palace of Fine Arts in the city housed 1,000 developers from October 5 t
  
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• Dubai to Launch Blockchain Payments with State Digital Currency ‘emCash’

  08-10-2018 15:50
  Dubai residents will soon have the means to make payments for school fees, bills and other retail purchases with emCash, a state-developed blockchain-based digital currency. The UAE’s first official credit bureau – emCredit – under the Dubai Department of Economic Development is pushing its official blockchain-encrypted state digital currency emCash for wider adoption by rolling
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• Safety Can’t Always Be Found in Numbers

  08-10-2018 15:31
  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. If you’re not a newbie in the world of cryptocurrencies, someone who has ever tried to trade, or you are a pro-crypto-trader, most likely you have come across
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• Crypto Incentivizes the Capture Data for the Global Seafood Industry

  08-10-2018 15:23 via newsbtc.com
  When your food has traveled from half a world away, how can full supply chain traceability from source to the table be provided?
  The volume of imports and exports surrounding what is — in the 21st century — a thoroughly international seafood industry, is widely reported to be continually expanding at an exponential rate.
  Fish out of water
  When it comes to produce, the origin and journey of a fresh product bring great value to both the paying consumer and, as a result, the retailer as
  
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• Spanish Bitcoin Miner Plans 300 MW Solar Plant with Panels from China

  08-10-2018 15:02
  Cryptosolartech, a Spanish cryptocurrency mining firm that uses renewable energy for its operations, has contracted a Chinese maker of photovoltaic solar panels to put up a solar farm with a production capacity of 300 MW. Risen Energy Spain, the Spanish subsidiary of Chinese firm Risen Energy, is partnering with Cryptosolartech to build the solar farm
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• Alibabacoin Foundation Announces New Goal of Collaboration with Shopping Malls

  08-10-2018 14:51
  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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• Coinvest Announces A Public Beta Trading Competition For Its Platforms

  08-10-2018 14:43
  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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• Analysis: Malta’s ‘Blockchain Island’ Plans Overshadowed by EU Investigation

  08-10-2018 14:43
  On the 1st of November, Malta's blockchain laws come into effect - should Brussels be worried?
  
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• Venezuelans Forced to Use Petro Cryptocurrency to Pay for Passports

  08-10-2018 14:30
  Venezuelans must now pay for passports with the country's controversial petro token, according to a report.
  
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• 3 reasons why Jubiter is the best cryptocurrency exchange

  08-10-2018 14:08 via crypto-news.net
  In the world of cryptocurrency, there are many exchanges and services to get you involved within a moment’s notice, with little to no guidance there. Jubiter hopes to change that by:
  • Providing excellent customer service• A more hands-on approach to trading with legitimate licensing that puts them ahead of the curve• An easy-to-understand user interface for even the most beginner trader.
  You are able to buy Bitcoin instantly, research other altcoins directly from the site,
  
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• Texas’ natural gas problem could be a boon for bitcoin

  08-10-2018 13:50
  Bitcoin miners have become energy hunters, scouting the world for cheap electricity. And when most people think about bitcoin mining operations, they imagine hydro-powered warehouses in Canada or the Sichuan Mountains, but what about the oil capital of the United States? What if it were possible to turn Texas’ otherwise wasted natural gas into bitcoin?
  Texas’ Natural Gas Problem
  Growing up in Texas, oil wells were a part of life. Oil prices were high, and we had a ton of it. In my qu
  
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• Tron (TRX) Jumps 12% as Founder Justin Sun Announces Virtual Machine Launch

  08-10-2018 13:36
  Tron on Monday appreciated 12 percent against the US Dollar to restest August high near $0.028. The spike came hours after Justin Sun, CEO and Founder of the Tron Foundation, announced that their super representatives reached consensus to launch the Tron Committee Function and Tron Virtual Machine (TVM). TVM launch marks an important step towards
  The post Tron (TRX) Jumps 12% as Founder Justin Sun Announces Virtual Machine Launch appeared first on CCN
  
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• Wall Street Forays Into Crypto, Bitcoin Stabilizes, Could It Be A Coincidence?

  08-10-2018 13:30 via newsbtc.com
  As seen by the recent public outcry, there are many crypto investors that have been irked by the current state of the cryptocurrency market. Bitcoin remains steady at $6,600, with a majority of the foremost altcoins showing similar price movements, or lack thereof to be more specific, leading some to call the often-volatile crypto market “boring,” for once in a blue moon. While the low volatility levels posted by crypto assets have been widely attributed to speculators thro
  
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• IBM's Food Blockchain Is Going Live With a Supermarket Giant on Board

  08-10-2018 13:30
  IBM is taking its food-tracking blockchain into production and has already signed up European supermarket giant Carrefour.
  
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• Crypto Giant Binance Will Donate All Coin Listing Fees to Charity

  08-10-2018 13:21
  Binance announced that as of today the company will make all listing fees transparent. In addition, 100% of fees are will be donated to charity. The move is likely to generate a fair amount of attention for the world’s largest cryptocurrency exchange by trading volume. Previously, listing fees on Binance – the cost of listing a
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• Bitcoin's Price Volatility Just Hit Another 15-Month Low

  08-10-2018 13:15
  Bitcoin price volatility continues to drop, with the weekly price range hitting its lowest level since July 2017.
  
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• Binance Labs Invests Millions in Blockchain Auditing Platform CertiK

  08-10-2018 13:00
  Binance Labs, the crypto exchange's incubator wing, says it has has invested millions in smart contract and blockchain auditing platform CertiK.
  
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• Prominent Investor: Crypto Bear Market Makes it Safe For Institutional Investors to Enter

  08-10-2018 12:51 via newsbtc.com
  Institutional investors are pouring in big bags of their money into the crypto world. And, a prominent investor believes it is the rightest time to do so.
  Garry Tan, co-founder of Initialized Capital, thinks crypto market’s bearish bias this year has reduced investment risks for new entrants, especially institutional investors. The 37-year old entrepreneur, who has invested in crypto startups like Coinbase in the past, said the money these institutions are injecting in cryptocurrency econo
  
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• How Binance Conquered The Cryptocurrency World With Help Of A ... - Forbes

  08-10-2018 12:46 via forbes.com
  Forbes
  How Binance Conquered The Cryptocurrency World With Help Of A ...
  Forbes
  Binance has quickly become the world's biggest cryptocurrency exchange, but is it down to luck, timing, innovative ideas, or perhaps their native BNB token?and more »
  
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• Venezuela to Force Citizens to Use Cryptocurrency Petro to Buy Passports

  08-10-2018 12:30
  The cost to buy a passport has increased to 7,200 bolivars to obtain a passport this Monday.
  
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• Binance to Disclose Crypto Listing Fees, Donate 100% to Charity

  08-10-2018 12:30
  Binance, the world's largest crypto exchange by trading volume, says all listing fees will now be declared and donated to its charity arm.
  
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• China to Drafts for Three Domestic Blockchain Standards in 2018

  08-10-2018 12:24
  The China Electronics Standardization Institute (CESI), a government organization under the country’s Ministry of Industry and Information Technology (MIIT), plans to release three blockchain standards for smart contracts, privacy and deposits as a way to improve the country’s development of the blockchain industry. The standards, which would be association based, were announced by Li Ming,
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• China to Draft for Three Domestic Blockchain Standards in 2018

  08-10-2018 12:24
  The China Electronics Standardization Institute (CESI), a government organization under the country’s Ministry of Industry and Information Technology (MIIT), plans to release three blockchain standards for smart contracts, privacy and deposits as a way to improve the country’s development of the blockchain industry. The standards, which would be association based, were announced by Li Ming,
  The post China to Draft for Three Domestic Blockchain Standards in 2018 appeared first on CCN
  
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• Crypto Exchange Bitfinex Denies Accusations of Insolvency

  08-10-2018 11:30
  Bitfinex has hit back against claims it is insolvent, disclosing wallet addresses appearing to show it holds over $1.5 billion in crypto assets.
  
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