Cryptocurrency news

• Ethereum Token BAT Continues Breakneck Rally, up 56% This Week

  22-10-2018 23:45
  Ethereum token BAT continued its dramatic week-long ascent on Monday, bolstered by positive fundamentals related to its role in Brave’s web browser ecosystem and speculation that the cryptocurrency will soon be listed on Coinbase. BAT (short for Basic Attention Token) increased 14 percent against the dollar on Monday, briefly eclipsing $0.30 before settling down to
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• Forbes Launches Crypto Portal, Partner Trade.io Hacked for $7.5 Million in Crypto

  22-10-2018 23:00 via newsbtc.com
  Forbes Media today launched the beta version of it Forbes CryptoMarkets, in partnership with investment firm NewCity Capital and Trade.io, which suffered a hack that resulted in $7.5 million in cryptocurrency tokens being stolen from a cold storage wallet.
  Forbes Launches CryptoMarkets Data Portal for Tracking Crypto Prices
  Media powerhouse Forbes Media LLC, has unveiled a new cryptocurrency market and price data aggregation website, akin to CoinMarketCap.
  The new portal offers up-to-the-mi
  
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• Slush Pool: Don’t Upgrade Your Bitcoin Miners to Bitmain’s AsicBoost Patch

  22-10-2018 22:41
  Bitcoin mining pool operator Slush Pool is urging miners not to upgrade their Antminer S9 devices to a new firmware patch released this morning by manufacturer Bitmain, as it will render the devices incompatible with Slush Pool. “Dear Miners, we strongly recommend you DON’T UPGRADE your S9 devices with the new Bitmain firmware. It is
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• Bitcoin Futures Could Go Live on ICE's Crypto Trading Platform in December

  22-10-2018 22:10
  The new Bakkt exchange will list bitcoin futures in December, pending regulatory approval.
  
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• Swissquote Becomes First Bank Worldwide to Launch ICO Service

  22-10-2018 22:05 via newsbtc.com
  Online Swiss bank Swissquote announced the launch of its ICO offering, becoming the first bank worldwide to allow customers to buy tokens issued within an initial coin offering (ICO) supported by the Swissquote platform.
  Swiss Diamond Producer Set to Raise $60.73 Million in First Bank-Mediated ICO Ever
  As the financial industry adapts to the emerging world of cryptocurrency and token sales, Switzerland soon gained the reputation of being a crypto-friendly jurisdiction for blockchain startups. Re
  
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• ABN AMRO, Samsung SDS Partner for Blockchain Trade Pilot

  22-10-2018 22:00
  ABN AMRO has partnered with Samsung SDS and the Port of Rotterdam for a blockchain pilot aimed to bring new efficiencies to container-based trade.
  
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• Daily Crypto Roundup 10/22/2018

  22-10-2018 21:52
  Another day in crypto sees Bitcoin priced at just over $6,400 (on Blockmodo),  looking for a break out past $6,800. More news of ICO scams, regulatory developments, and mainstream interest from Visa. Let’s catch up on today’s action!
  The Cautionary Tale Of Another Failed ICO
  The past two years have been filled with ICO failures and fraud. Add the Hamster ICO (Hmstr.io) to that list.
  Hamster was to be a decentralized marketplace that did not need third parties. Transactions
  
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• Bitcoin Price Intraday Analysis: BTC/USD More Bearish than Ever

  22-10-2018 21:36
  The bitcoin price continues to trade sideways on Monday after a stable showing during the weekend on the daily charts. The bitcoin-to-dollar exchange rate is trading at 6398-fiat at the time of writing, 0.85 percent lower than its Sunday high. The pair has found a decent support area in 6350-6400-fiat zone. But, it does not
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• National Bank of Canada Trials Blockchain Platform for Trade Finance

  22-10-2018 20:52 via feedproxy.google.com
  
  The National Bank of Canada has announced the successful completion of a pilot program in collaboration with IT firm CGI and blockchain startup Skuchain to use blockchain technology in trade finance. The initiative aimed at improving and streamlining the process for negotiating standby letters of credit and guarantees, the complex conditional agreements used by banks […]
  The post National Bank of Canada Trials Blockchain Platform for Trade Finance appeared first on Coinjournal.
  
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• Crypto Payments Startup Uphold Launches Lending Products

  22-10-2018 20:45
  Crypto payments startup Uphold is launching Earn and Borrow in collaboration with lending platform Cred.
  
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• Irish Presidential Hopeful Gavin Duffy Has Identity Used Again by Crypto Scammers

  22-10-2018 20:30 via newsbtc.com
  Dragon’s Den entrepreneur and Irish Presidential candidate, Gavin Duffy, has once again had his identity used by a cryptocurrency scam. Images of Duffy and fake testimonials were used to promote Bitcoin Revolution, a fraudulent automated trading platform.
  Duffy’s Face Proves Popular for Scam Artists
  There must be something about Gavin Duffy’s face that makes it suitably trustworthy to launch a fraudulent company with.
  The Irish entrepreneur who is running for president of the n
  
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• Experts: Fidelity Could Single-Handedly Solidify Crypto as New Asset Class

  22-10-2018 20:07
  On October 15, Fidelity, the world’s fourth largest asset manager with $7.2 billion assets under management, launched its crypto custody arm. At the time, Fidelity CEO Abigail Johnson stated that the long-term strategy of the investment firm is to make Bitcoin and the rest of the cryptocurrency market more accessible to investors. “Our goal is
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• Crypterium to Allow Its Users to Shop on eBay, Refill PayPal and Bank Accounts With Cryptocurrencies

  22-10-2018 20:06 via newsbtc.com
  In recent months, reports have emerged stating that PayPal, the leading online payments provider may be making a move in favor of cryptocurrencies. This has been echoed by PayPal’s previous business companion eBay. Yet, there seems to be an alternative in the market. Blockchain-based startup Crypterium led by former Visa UK CEO Marc O’Brien enables its users to send crypto directly to bank accounts. Crypto users can now top up their PayPal account or send a payment to their bank acco
  
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• Basic Attention Token (BAT) Skyrockets on Brave Browser News and Coinbase Speculation

  22-10-2018 19:30 via newsbtc.com
  Over the past month, Bitcoin’s price has been caught in an unprecedented trading range, trading between $6,200 and $6,700. During this time, multiple altcoins have had the opportunity to surge on a mixture of speculation and increased use cases.
  Basic Attention Token (BAT) is the latest altcoin to surge as Bitcoin trades sideways, currently up 56% from its weekly lows. At one point, BAT was trading up over 70%, before its meteoric price rise stalled, bringing it down to its current price o
  
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• Neblidex Will Change the Way You Buy and Sell Cryptocurrency Forever

  22-10-2018 19:11
  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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• Flying HYGH: October Roadshow

  22-10-2018 19:02
  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
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• Bitcoin Price Becoming Less Volatile than Amazon Stock: CBOE Analyst

  22-10-2018 19:01
  The next time your nocoiner friends or relatives criticize your decision to allocate a (hopefully reasonable) percentage of your investments into bitcoin, you can tell them that you’ve chosen to put money the flagship cryptocurrency because you don’t have the stomach for more volatile asset classes — stocks, for instance. Granted, that argument doesn’t have
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• Tiger Global’s $500 Million Investment in Coinbase Could be a Part of its $3.75 Billion Fund

  22-10-2018 18:30 via newsbtc.com
  Tiger Global has successfully raised $3.75 billion in its latest venture capital fund, and the crypto-sphere is speculating if its $500 million Coinbase investment could be a part of it.
  Tiger Global’s multi-billion dollar fund, which has been named Private Investment Partners XI, is aimed at consumer internet, cloud and industry-specific software, and direct-to-consumer companies in the U.S., China and India, reports the Financial Times.
  It is likely that the $500 million Coinbase fund co
  
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• DX.Exchange ICO Pitch Competitors Revealed!

  22-10-2018 18:24
  The Demo Slam will feature 12 projects competing for a free listing on the exchange at its launch
  
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• China’s Internet Agency Regulator Has Strict Demands For Blockchain Startups

  22-10-2018 18:13
  China’s central internet regulator has issued strict rules targeting blockchain companies and entities operating in China. The Cyberspace Administration of China has published draft regulations on Friday demanding blockchain-based information service providers to register users using real names, national identification numbers, censor postings and store user data. The regulations follow an open letter posted by a Chinese student activist
  The post China’s Internet
  
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• Musicians Will Release Their Own Crypto Tokens to Reward Them and Their Fans

  22-10-2018 18:03 via feedproxy.google.com
  
  A new token-generating, blockchain-powered, music fan-rewards platform is aiming to connect fans with the artists they love. The Fanbase decentralised application has been created to give artists a platform for distributing exclusive content to their fans. Not only that, but it rewards fans when they promote the artists by helping them to build their fanbase. […]
  The post Musicians Will Release Their Own Crypto Tokens to Reward Them and Their Fans appeared first on Coinjournal.
  
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• Public Company's Crypto Claims Draw SEC Scrutiny, Trade Suspension

  22-10-2018 17:30
  The SEC has suspended trading in a company claiming to have registered an upcoming ICO with the regulator.
  
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• Under Pressure, Bitmain Releases Patch to Let Bitcoin Miners Activate ‘Overt AsicBoost’

  22-10-2018 17:08
  Cryptocurrency mining giant Bitmain has published a firmware update that allows bitcoin miners to activate “overt AsicBoost,” a technological upgrade that provides significant cost savings over conventional mining setups. Bitmain Firmware Enables Overt AsicBoost Bitmain released the patch just days after braiins, the software development group that operates Slush Pool, revealed that it had verified
  The post Under Pressure, Bitmain Releases Patch to Let Bitcoin Miners Activate ‘
  
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• Bitmain's Latest Bitcoin Miner Update Activates Controversial 'AsicBoost'

  22-10-2018 17:00
  Bitmain has published a firmware update for its Antminer S9, using controversial "AsicBoost" code to give an efficiency hike when mining bitcoin.
  
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• The cautionary tale of another failed ICO

  22-10-2018 16:50
  There have been many ICOs that have failed, and promises un-kept. Recently, it has been realized that, Hmstr.io, has swiped funds from crypto investors and the team members.Sifting through the ICO madness
  Many great ideas are coming out of the world of digital tokenization and blockchain technology. While many have succeeded and are still working on their projects, more than half of the Initial Coin Offerings, or new tokens, have failed. It is almost difficult to keep up with them all.
  Things li
  
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• CoinText Expands SMS Crypto Wallet to Brazil and Four European Markets

  22-10-2018 16:50
  CoinText enables users to send Bitcoin Cash directly to phone numbers or BCH addresses without internet.
  
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• Decentralized Marketplace for IoT Sensor Data Launched by DataBroker DAO as It Attends Expos Worldwide

  22-10-2018 16:48
  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. From smart appliances to mobiles, hundreds of thousands of devices today collect and generate useful data. A smart refrigerator can tell its owner if he or she is
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• JPMorgan: US Recession by 2020 Has 60% Chance, is Crypto an Alternative?

  22-10-2018 16:14
  $362 billion banking giant JPMorgan Chase has predicted a 60 percent chance for the next US recession to occur by 2020. In a global market crash, can crypto be a viable alternative to existing stores of value? “The probability of a U.S. recession within one year is almost 28 percent, and rises to more than
  The post JPMorgan: US Recession by 2020 Has 60% Chance, is Crypto an Alternative? appeared first on CCN
  
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• Accenture Tech Now Connects Corda, Fabric, DA and Quorum Blockchains

  22-10-2018 15:59
  Accenture says its new "interoperability node" can connect the four big enterprise platforms: Hyperledger Fabric, R3 Corda, Quorum and Digital Asset.
  
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• Monero Upgrade Slashes Transaction Fees by 97 Percent

  22-10-2018 15:21
  The new 'bulletproof' protocol greatly reduces transaction size, and makes transactions faster too.
  
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• EU Securities Group Advises Regulating Crypto Assets Under Existing Rules

  22-10-2018 15:10
  A group that advises the EU's securities watchdog has recommended regulating most crypto assets under existing financial rules.
  
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• Norway Bitcoin Investor Murder: Suspect on the Run, Wanted by Interpol

  22-10-2018 15:08
  The Oslo police department has released the name and photograph of the suspect that they believe is behind the grisly murder of Heikki Bjørklund Paltto, the 24-year-old cryptocurrency investor who was murdered last week shortly after completing a sizeable cash-for-bitcoin trade. According to Norwegian news outlet Verdens Gang, police have charged 20-year-old Swedish citizen Makaveli
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• Binance CEO: What Happens if Fidelity Allocates 5% of its Portfolio in Crypto

  22-10-2018 15:00 via newsbtc.com
  To emphasize the importance of attracting institutional investors to the crypto world, the CEO of Binance, Changpeng Zhao, recently tweeted a question to his followers. The question was simple, and it asked what would happen if a fund like Fidelity allocates 5% of its portfolio to crypto space.What happens when a fund like Fidelity allocates a mere 5% of their portfolio to crypto?Have you calculated how much that is? https://t.co/ljcZ4SjQnw
  — CZ Binance (@cz_binance) October 21, 2018Consid
  
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• Will bitcoin hit $1 million in the next few years?

  22-10-2018 14:50
  Many people in the crypto space often mention bitcoin (BTC) reaching $1 million per coin. Most notably is John McAfee and his aggressive statement declaring $1 million with certainty. John McAfee stated that $1 million per BTC by 2020 is a conservative projection.
  John McAfee is a well-known figure in the cryptocurrency space. McAfee and his team from the late 1980’s created the “first commercial antivirus software“. McAfee’s is known for making outlandish and bold s
  
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• PRIMEFUND CAPITAL – A New Player on the Crypto Trading Market That Has Successfully Launched Its Investment Project

  22-10-2018 14:40
  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 PRIMEFUND CAPITAL – A New Player on the Crypto Trading Market That Has Successfully Launched Its Investment Project appeare
  
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• Visa Integrates Open Source Hyperledger Tech for B2B Blockchain Payments

  22-10-2018 14:07
  Visa is integrating open-source blockchain code from the Hyperledger Fabric ahead of the commercial launch of its own blockchain service for enterprise payments in Q1 2019. Visa B2B Connect, the payment giant’s enterprise blockchain platform that enables cross-border payments between businesses, is partnering IBM to integrate the latter’s development of the open-source Hyperledger Fabric framework.
  The post Visa Integrates Open Source Hyperledger Tech for B2B Blockchain Payments appe
  
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• The Delicate Psychology of Stablecoins

  22-10-2018 14:00
  Replacing tether's role in the crypto markets will require an obsession with maintaining transparency and trust.
  
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• NEM (XEM) Surges 10% as Foundation Signs MoU with UAE Ministry

  22-10-2018 13:02
  The New Economy Movement (NEM)’s platform token XEM surged 10 percent against the dollar on Monday, rising from 0.0974-fiat to 0.1046-fiat. The XEM/USD formed a straightforward uptrend while attempting to retest the high from Sep 6 correction action. The price action corrected towards 1.000-fiat later as a part of its pullback action. The downside momentum
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• Pantera Capital Backs Blockchain Security Startup's $5.5 Million Round

  22-10-2018 13:00
  Smart contract security startup Synthetic Minds has raised $5.5 million from investors including Pantera Capital.
  
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• Bitcoin Bulls Must Push Price Past $6.8K to Win Control

  22-10-2018 13:00
  Bitcoin's price needs to pass last week's high of $6,810 to revive the prospects of a rally.
  
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• Floyd Mayweather and DJ Khaled Targeted in New Centra Tech Suit

  22-10-2018 12:52
  Retired boxer Floyd Mayweather and music producer DJ Khaled have been served with a class action lawsuit in relation to an ICO that they helped advertise last year, according to TMZ. All a lie The company in question was Centra Tech. Advertising a cryptocurrency payment card launched in partnership with Visa and Mastercard, it soon … Continued
  
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• $183 Million in Ethereum Moved With $0.06 Fee Instantaneously, Better Than Banks

  22-10-2018 12:44 via newsbtc.com
  A multi-million dollar worth of transaction that could have cost senders over $5 million in commissions on legacy systems was made with $0.06 on Ethereum.
  The Ethereum block 6556384 went through 5080 confirmations and took over 19 hours to transfer more than $183,000,000 without having to go through expensive intermediaries. The scene is pretty typical to those who transfer value on the blockchain on a regular basis. But, simultaneously, it is a clear attestation for one of the bl
  
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• Monero Transaction Fees are Down 97% Since the Hard Fork

  22-10-2018 11:48
  Following the successful execution of Monero’s hard fork on October 18, average transaction fees for XMR users have fallen a massive 97 percent from 60 cents to an average of just 2 cents according to information from CoinMetrics. Known as “Monero 0.13.0 Beryllium Bullet”, the recent hard fork implemented a trustless, non-interactive, zero-knowledge framework called
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• Australian Securities Watchdog Halts ICO Seeking to Raise $50 Million

  22-10-2018 11:30
  An Australian ICO project planning raise up to $50 million has been halted by the country's securities regulator.
  
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• Bitcoin Price Watch: BTC/USD Bearish Within Range Below $6,450

  22-10-2018 11:28 via newsbtc.com
  Key PointsBitcoin price failed to move above the $6,450 and $6,460 resistance levels against the US Dollar.
  There is a key connecting bullish trend line in place with support at $6,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The price must clear the $6,450 and $6,460 resistance levels to move into a positive zone.Bitcoin price mostly consolidated above $6,400 against the US Dollar. BTC/USD seems to be struggling to clear the $6,450 resistance area.
  Bitcoin Price Analysis
  
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• Real Reason Why China Doesn’t Want Blockchain: Strict Censorship

  22-10-2018 11:10 via newsbtc.com
  The Cyberspace Administration of China is tightening its stance against anonymity offered under the garb of blockchain technology.
  The central internet regulator, notorious for its role in building the so-called “The Great Firewall of China,” has drafted new regulations that would require local blockchain companies to register users with their real names and national identification card numbers.
  The proposal surfaced in the wake of a two decades old sexual assault case at a top Chine
  
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• Canary in a Coin Mine – Obsolete ASICs Gathering Dust in Shenzen

  22-10-2018 10:45
  As Bitcoin mining gets harder and less profitable, ASICs are constantly upgraded. But what happens to the old ones?
  
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• Samsung SDS, ABN AMRO to Link Blockchains in Europe’s Largest Shipping Port

  22-10-2018 10:44
  Samsung SDS, the IT subsidiary of Korean giant Samsung, is collaborating with Dutch ‘big three’ bank ABN AMRO for a logistics blockchain pilot tracking the shipment of a container from Korea to the Netherlands. In an announcement on Monday, Samsung SDS revealed details of a new partnership with the Netherlands bank for a joint blockchain
  The post Samsung SDS, ABN AMRO to Link Blockchains in Europe’s Largest Shipping Port appeared first on CCN
  
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• Cardano Price Analysis: ADA/USD at Potentially Major Turning Point

  22-10-2018 10:28 via newsbtc.com
  Key HighlightsADA price is struggling to clear a major resistance area near $0.0800 against the US Dollar (tethered).
  There is a monster long term bearish trend line formed with resistance at $0.0780 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
  The pair must break the $0.0780 and $0.0800 resistance levels to move into a bullish zone.Cardano price is currently consolidating against the US Dollar and Bitcoin. ADA/USD is facing a significant resistance near the $0.0780-0.0800 zo
  
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• Monero Fees Fall to Almost Zero After 'Bulletproofs' Upgrade

  22-10-2018 10:00
  Monero's "bulletproofs" hard fork has led to a major reduction in transaction fees.
  
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