Cryptocurrency news

• Global Money Laundering Watchdog to Establish Crypto-Focused Guidelines by June

  19-10-2018 23:15 via newsbtc.com
  The global entity responsible for setting international money laundering guidelines is finally ready to lay the foundation for its first crypto-specific set of rules by June 2018.
  FATF Readies Global Crypto Regulation on Money Laundering
  Paris, France-based money laundering watchdog, Financial Action Task Force (FATF), has seen increasing pressure from global governments to unify regulation of the cryptocurrency industry under its wing. This is rather than continue down the path of allowing coun
  
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• $571 Million: Notorious North Korean Hacker Group Has Stolen a Fortune in Cryptocurrency

  19-10-2018 23:13
  Even though blockchain technology has all sorts of security applications, one thing is for sure: cryptocurrency exchanges are vulnerable to cybersecurity attacks, and hackers have exploited these flaws for massive gains. However, no hacker crew has been quite as successful as the infamous North Korean group of hackers, dubbed “Lazarus,” which is responsible for the
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• Daily Crypto Roundup 10/19/2018

  19-10-2018 23:10
  More mainstream interest, hacking news, stablecoin developments, and long-term projections are seen in today’s headlines as Bitcoin’s price remains relatively stagnant. Catch up on today’s action –
  Crypto M&A Activity Reaches Record High
  Strangely enough, mainstream interest in the crypto space has flourished this year, in spite of overall downside price action for most of 2018.
  “Blockchain and crypto M&A deals have surged this year, climbing from 47 in Octo
  
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• CEO of Sberbank: Crypto and Blockchain Will Change the World but Not Yet

  19-10-2018 22:15 via newsbtc.com
  The CEO of the Russian state-owned financial service provider Sberbank has stated that cryptocurrency and blockchain technology will fundamentally transform business and finance. That said, Herman Gref is looking at a time span of decades rather than months or years.
  Herman Gref with Refreshing Take on Cryptocurrency
  According to a report in local news, the CEO of Sberbank thinks that cryptocurrencies and blockchain technology have the power to radically transform society.
  Gref was speaking abou
  
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• Fake News: Elon Musk’s Flamethrower Company isn’t Accepting Bitcoin

  19-10-2018 22:13
  Yesterday, various news websites including The Next Web reported that Elon Musk’s Boring Company was accepting bitcoin as a form of payment for its famous flamethrowers. However, it has now been revealed — also by TNW — that it is a fake website created by a scammer and that the real Boring Company is not accepting cryptocurrency.
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• Such Borrow, Many Loan: Crypto Lender SALT Now Takes Dogecoin as Collateral

  19-10-2018 21:15
  Cryptocurrency investors have another way to access capital without having to liquidate their portfolios. SALT Lending, which has issued more than $50 million in blockchain-backed loans, is capitalizing on the liquidity in dogecoin and has begun offering loans in USD collateralized by longtime crypto darling DOGE. Dogecoin’s profile has been on the rise in recent
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• Report: Vast Majority of ICOs Trading Significantly Below Their Listing Price

  19-10-2018 21:15 via newsbtc.com
  A recent report from Ernst & Young found that nearly a third of all cryptocurrencies that have been financed through online fundraisers, like initial coin offerings (ICOs), have lost almost all their value, while the vast majority of them are currently trading below their listing price.
  The report, which was first published today, gathered its data from 141 cryptocurrency projects that issued their tokens through ICOs in 2017. It found that the 2018 cryptocurrency crash has significantly aff
  
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• Tether Floods Into Kraken Exchange, Where Crypto Traders Can Get Dollars

  19-10-2018 21:10
  In theory, traders can redeem USDT for dollars with the issuer, Tether Ltd. Instead, they appear to be cashing out through Kraken.
  
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• Bitcoin Price Intraday Analysis: BTC/USD in Pullback Action

  19-10-2018 20:20
  The bitcoin-to-dollar exchange rate started losing its grip on the sideways action, slipping almost a percent this Friday. The pair broke below 6400-fiat, the psychological support level of the previous trend, to establish new intraday lows towards 6356-fiat. The downside action appeared after bulls began to feel weak near the giant descending trendline formation that
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• Novogratz Criticises Tether’s Lack of Transparency, Responds to Roubini

  19-10-2018 20:15 via newsbtc.com
  The famous Bitcoin proponent and billionaire investor Mike Novogratz has criticised the stable-coin U.S. Dollar Tether (USDT) for failing to provide a trustworthy service for users.
  The Galaxy Digital Holdings Ltd. founder also responded to Nouriel Roubini’s scathing attacks on cryptocurrency last week.
  Novogratz Prefers Gemini Dollar to USDT
  Novogratz stated in an interview that the stable-coin U.S. Dollar Tether has only itself to blame for users losing confidence in it.
  The tool that is
  
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• What would John Stuart Mill think about Bitcoin?

  19-10-2018 20:01
  By all accounts, John Stuart Mill was a prodigy – and if he lived in our times, he would most definitely become interested in developing open-source solutions for Bitcoin. If the English philosopher was capable of learning ancient Greek by the age of three, and five years later was well-acquainted with the dialogues of Plato, what makes us think that his exceptional intellect wouldn’t make him pursue coding and blockchain programming as ways of increasing his own and everyone else&rs
  
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• Gibraltar Commits to Train New Generations and Professionals on Blockchain

  19-10-2018 19:51 via feedproxy.google.com
  
  The government of Gibraltar has announced the launch of a new advisory group focused on creating education courses covering new technologies such as blockchain. The New Technologies in Education (NTiE) group will be a joint initiative between the government and the University of Gibraltar in collaboration with several tech companies based in the country. The […]
  The post Gibraltar Commits to Train New Generations and Professionals on Blockchain appeared first on Coinjournal.
  
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• Ethereum's Constantinople Hard Fork Is Being Delayed Until 2019

  19-10-2018 19:35
  Ethereum's next upgrade, Constantinople, has been delayed until next year.
  
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• One [Stable]coin to Rule Them All? Huobi’s New Program Lets Users Swap Between Tokens

  19-10-2018 19:25
  Singapore-based cryptocurrency exchange Huobi Global today introduced an all-in-one stablecoin program called HUSD, which will allow traders to convert between four USD-pegged cryptocurrency tokens. HUSD: Huobi’s All-in-One Stablecoin Solution According to the announcement, the HUSD solution aims to reduce the need to choose between multiple stablecoins, as well as to cut down transaction costs incurred
  The post One [Stable]coin to Rule Them All? Huobi’s New Program Lets Users Swap B
  
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• Formosa Financial Integrates with BitGO

  19-10-2018 19:18
  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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• First Bitcoin Fraud Action Filed by the CFTC, Accused Ordered to Pay Over $2.5 Million

  19-10-2018 19:05 via newsbtc.com
  A  New York federal court has ordered Gelfman Blueprint, a Bitcoin-denominated hedge fund, and its CEO Nicholas Gelfman to pay over $2.5 million in civil monetary penalties and restitution in the first Bitcoin fraud action filed by the Commodity Futures Trading Commission (CFTC).
  CFTC First Bitcoin Fraud Action Results in $2.5 Million Penalty Over $600,000 Ponzi Scheme
  CFTC’s first anti-fraud enforcement action involving Bitcoin found that Gelfman and its firm operated a Bitcoin Ponzi
  
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• Sammie Zhang, Former Financial PR Director, Officially Joins BitKan as Brand Director of Marketing

  19-10-2018 18:59
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
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• Upgraded BitKan App Now Much Faster, Wallet Supports Most ERC20 Tokens

  19-10-2018 18:34
  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 Upgraded BitKan App Now Much Faster, Wallet Supports Most ERC20 Tokens appeared first on CCN
  
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• Ethereum Token BAT Posts Major Rally as Brave’s Cryptocurrency Program Enters Beta

  19-10-2018 18:25
  The cryptocurrency market posted a minor decline on Friday, with bitcoin and most other large-cap assets shedding about one to two percent of their previous-day valuations. Ethereum token BAT, however, managed to resist the market’s gravitational pull and post a major single-day rally. Ethereum Token BAT Hits Two-Month High BAT — short for Basic Attention
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• Bank of Israel: We Want to Help Blockchain Companies

  19-10-2018 17:42
  Regulators were speaking at the Israel Blockchain Summit alongside a number of prominent blockchain companies
  
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• Lack of Transparency to Blame for Tether’s Loss of USD Peg: Novogratz

  19-10-2018 17:25
  Five days since losing its U.S. dollar peg, fiat-backed cryptocurrency tether (USDT) continues to trade at a discount to its supposed $1.00 valuation. Defenders have largely chalked up the markdown to FUD, arguing that supporters of other “stablecoins” are launching a coordinated assault on tether, which has long dominated this market niche. However, billionaire investor
  The post Lack of Transparency to Blame for Tether’s Loss of USD Peg: Novogratz appeared first on CCN
  
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• SEC’s New Fintech Hub Helps Blockchain Startups Navigate ICO Rules

  19-10-2018 16:30
  The U.S. Securities and Exchange Commission (SEC) announced today the launch of a “New Strategic Hub for Innovation and Financial Technology.” In a surprising move, the project — dubbed “FinHub” — allows blockchain innovators and initial coin offering (ICO) operators, among other fintech stakeholders, to speak with the SEC directly on rules and market integrity. As the
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• Crypto M&A activity reaches record high

  19-10-2018 16:07
  Cryptocurrency M&A activity has reached a record high as prices remain depressed, according to JMP Securities’ Satya Bajpai.
  As the cryptocurrency market continues to struggle to break free from bear territory, opportunists are looking at the slump as their chance to catch a deal. Blockchain and crypto M&A deals have surged this year, climbing from 47 in October 2017 to 115 currently. And according to JMP, it could reach as high as 145 by the end of 2018.Though JMP wasn’t abl
  
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• Global AML Watchdog to Release Crypto Regulations By Next June

  19-10-2018 16:00
  Global money-laundering watchdog, the Financial Action Task Force, has said it will draw up rules for cryptocurrency regulation by next summer.
  
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• Biggest Bank in Nordic Region Bans Bitcoin, Gets Caught for Money Laundering

  19-10-2018 15:33
  Nordea Bank, the largest financial group in the Nordic countries, which banned Bitcoin in January, has been caught in a major money laundering scandal for allegedly receiving dirty money from two banks in the Baltics. Yle, a state-owned publication in Finland with over 3,500 employees, reported that finance authorities in Sweden received a report with
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• North Korean Hacking Group Lazerus Stole $571 Million in Cryptos: Report

  19-10-2018 15:00
  North Korea's infamous hacking group, dubbed Lazarus, has managed to steal over half a billion dollars in cryptocurrencies, a report indicates.
  
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• North Korean Hacking Group Lazarus Stole $571 Million in Cryptos: Report

  19-10-2018 15:00
  North Korea's infamous hacking group, dubbed Lazarus, has managed to steal over half a billion dollars in cryptocurrencies, a report indicates.
  
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• Jameson Lopp Interview with Vlad Costea

  19-10-2018 15:00
  On October 16th 2018, Crypto Insider’s Vlad Costea has had the honor and privilege to interview cypherpunk and Bitcoin advocate Jameson Lopp. The discussion is about 63 minutes long and covers topics such as Bitcoin’s security and scalability, the limitations of Bitcoin Cash and on-chain scaling, Litecoin’s promising future, improvement proposals for Bitcoin, Ethereum’s Proof of Stake implementation, Ethereum Classic’s philosophical advantage, the creation of the B
  
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• Coinschedule and Trecento Blockchain Capital to Launch a Joint Fund to Invest in the Most Promising Blockchain Projects

  19-10-2018 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
  The post Coinschedule and Trecento Blockchain Capital to Launch a Joint Fund to Invest in the Most Promising Blockchain Projects appeared
  
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• Trump’s Tariffs are Putting the Pinch on Bitcoin Mining Giant Bitmain

  19-10-2018 14:31
  Increasing tensions in China-US trade relations may portend tougher times ahead for Chinese bitcoin mining hardware maker Bitmain, with shipments to one of its major overseas markets facing new tariffs since August 23. The South China Morning Post reports that Bitmain is seen by analysts as the cryptocurrency mining hardware firm with the most potential exposure to
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• Sia Network Releases Hard Fork Code to Block Crypto Mining Giants

  19-10-2018 14:00
  Sia has released the formal code for an imminent hard fork that will block cryptocurrency mining firms like Bitmain from its blockchain network.
  
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• Apple’s Chipmaker Braces For Dampening Crypto Mining Demand

  19-10-2018 13:30
  Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest independent semiconductor foundry, predicted that its fourth-quarter revenue would increase by only a couple percentage points, forecasting revenues of 9.35 billion to 9.45 billion. Its 2017 fourth-quarter revenue was 9.2 billion. Weakening Crypto Demand TSMC, based in Hsinchu, Taiwan, is not only the world’s largest semiconductor foundry,
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• Bitcoin's Price Breaks Through Key Support As Stocks Go South

  19-10-2018 13:00
  Risk aversion in the US stock markets yesterday may have worked in favor of the bitcoin bears.
  
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• Laptops and Pizza – Tel Aviv dAppathon Is Underway

  19-10-2018 12:26
  A competition to make a brand new decentralised application is on now in Tel Aviv - first prize, $3,000.
  
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• Chinese Crypto Wallet Cobo Raises $13 Million, Eyes Global Expansion

  19-10-2018 12:20
  Plans for worldwide growth are on track for cryptocurrency wallet startup Cobo after it managed to raise US$13 million in a Series A round. The cryptocurrency wallet startup, which is based in Beijing, China, has set its sights on expanding in the United States as well as in Southeast Asia particularly Indonesia and Vietnam. The
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• Monero Hard-Forks, Becomes First Major Coin to implement Bulletproofs

  19-10-2018 12:15 via crypto-news.net
  After months of preparation, Monero (XMR) has successfully activated a hard fork, upgrading its capabilities and technologies. This move is intended to make the cryptocurrency more resistant to ASICs, and also implements bulletproofs, which will enable private transactions that are substantially more efficient, and less costly, than what has previously been available with XMRs former version of rangeproofs.
  Monero’s primary selling point has been its focus on mandatory private transactions
  
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• Is a Gradual Decline to $3,500 in Play For Bitcoin?

  19-10-2018 12:03 via newsbtc.com
  Bitcoin so far has been able to find support above the so-called bottom area below $6,000. But it is not enough to beat the long-term bearish bias, according to a famous cryptocurrency analyst.
  Crypto Thoreau, in one of its latest tweets, predicted that Bitcoin price is in for a drop towards $3,500. The analyst backed his prediction by a historical price action between early-2014 and mid-2015 in which Bitcoin price can be seen dropping 83.39 percent after forming 626 bars on the daily chart
  
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• Bitcoin Price Watch: BTC/USD Remains Vulnerable Below $6,450

  19-10-2018 11:28 via newsbtc.com
  Key PointsBitcoin price extended losses and declined below the $6,450 support level against the US Dollar.
  Yesterday’s highlighted key bullish trend line was broken with support at $6,435 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The price declined below the $6,400 support and the 100 hourly simple moving average.Bitcoin price is back to square one below $6,450 against the US Dollar. BTC/USD is now at a risk of more losses towards the $6,285 support.
  Bitcoin Price An
  
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• Crypto Exchange Huobi Now Lets Users Swap Between 4 Different Stablecoins

  19-10-2018 11:10
  Singapore-based cryptocurrency exchange Huobi has just launched a solution that enables users to switch between different stablecoins.
  
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• Man in Oslo Killed After Selling Large Amount of Bitcoin, Privacy in P2P

  19-10-2018 11:08 via newsbtc.com
  A meeting place that could have been about a common peer-to-peer Bitcoin trade turned into a scene of a brutal killing.
  A 24-year old Norwegian man was reportedly stabbed to death in his Majorstuen apartment shortly after completing a cash-to-Bitcoin trade with his alleged killer. The local police believe there was a large pile of Krone kept in the studio that could have been the motivation behind the gruesome killing. And then, a tip revealing that the victim was a cryptocurrency trad
  
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• Guest Spot: Insights into Ethereum Smart Contract Development

  19-10-2018 11:03
  Many of you have probably questioned the usefulness of blockchain in general and Ethereum in particular. Some of you may have gone further in your curiosity and came across numerous fancy characteristics, such as decentralization, transparency, trust without intermediaries, and hack resistance. That’s remarkable, isn’t it? It sure is, but… In its current state, blockchain
  The post Guest Spot: Insights into Ethereum Smart Contract Development appeared first on CCN
  
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• Meet the Minds behind Yggdrash, a New Generation of Blockchain Trading on Bitfinex and Ethfinex

  19-10-2018 10:33
  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 Meet the Minds behind Yggdrash, a New Generation of Blockchain Trading on Bitfinex and Ethfinex appeared first on CCN
  
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• Cardano Price Analysis: ADA/USD Could Extend Slides To $0.0720

  19-10-2018 10:28 via newsbtc.com
  Key HighlightsADA price failed to gain momentum above $0.0800 and declined recently against the US Dollar (tethered).
  There is a key bearish trend line formed with resistance at $0.0790 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
  The pair is likely to extend the current decline towards the $0.0735 or $0.0720 levels.Cardano price moved into a short term bearish zone against the US Dollar and Bitcoin. ADA/USD could drop to $0.0720 before buyers take a stand.
  Cardano Price Anal
  
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• Chip Maker TSMC Forecasts Weaker Crypto Mining Demand in Q4

  19-10-2018 10:00
  Taiwanese chip-making giant TSMC has forecast that revenue growth will be impacted by weakness in cryptocurrency mining demand in Q4.
  
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• Gates Foundation Partners Ripple and Coil in Financial Inclusion Initiative

  19-10-2018 09:50
  The Bill & Melinda Gates Foundation is teaming up with San Francisco, California-based blockchain firm Coil with a view of enhancing financial access for the unbanked and underprivileged communities. Initially announced by the principal technologist and a deputy director at Bill & Melinda Gates Foundation, Miller Abel, the development was later confirmed by the blockchain
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• Genesis Global Lends $553 Million In Crypto Assets, Institutional Space Booming

  19-10-2018 09:37 via newsbtc.com
  Even in the thick of 2018’s crypto bear market, a related subsector has seen an unprecedented boom, with institutions throwing millions of dollars at a well-recognized over-the-counter (OTC) player in the cryptocurrency market.
  Institutions Borrow $553 Million In Crypto In 6 Months
  Per a brief report from New York-based Genesis Global Capital, titled “2018 Q3 Digital Asset Lending Snapshot,” at the start of March 2018, the firm launched the crypto industry’s first-ev
  
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• Ripple Price Analysis: XRP/USD Could Correct Lower To $0.4350

  19-10-2018 09:30 via newsbtc.com
  Key HighlightsRipple price failed to stay above the $0.4600 support and declined recently against the US dollar.
  There was a break below an ascending triangle pattern with support at $0.4630 on the hourly chart of the XRP/USD pair (data source from Kraken).
  The pair is currently under pressure and it seems like it could test the $0.4400 or $0.4350 support levels.Ripple price moved lower from range highs against the US Dollar and Bitcoin. XRP/USD may continue to move down towards the $0.4350 supp
  
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• Another One Bites the Dust: Federal Court Bags $2.5M Bitcoin Ponzi Scheme

  19-10-2018 08:40
  Gelfman Blueprint Inc. and CEO Nicholas Gelfman misappropriated customers' funds for years.
  
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• Bitcoin Volume Approaches Yearly Low Again as Market Deletes $6 Billion

  19-10-2018 08:32
  Over the past 48 hours, the volume of Bitcoin (BTC) has fell substantially from over $5 billion to $3.8 billion, and is quickly moving to its yearly low. On CoinCap.io, ShapeShift’s official cryptocurrency market data provider, the volume of Bitcoin remains at around $2.54 billion. If the volume of BTC drops by around 15 percent
  The post Bitcoin Volume Approaches Yearly Low Again as Market Deletes $6 Billion appeared first on CCN
  
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• Ethereum Price Analysis: ETH/USD Bearish Below 100 SMA and $206

  19-10-2018 08:28 via newsbtc.com
  Key HighlightsETH price declined further and traded below the $205 and $200 support levels against the US Dollar.
  There was a break below a major bullish trend line with support at $204 on the hourly chart of ETH/USD (data feed via Kraken).
  The pair is currently struggling below the $206 resistance and the 100 hourly simple moving average.Ethereum price is back in a bearish zone against the US Dollar and bitcoin. ETH/USD may continue to move down towards the $196 and $190 supports.
  Ethereum Pric
  
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