Cryptocurrency news

• Interview: Researcher Argues EOS isn’t a Blockchain — Just a Distributed Database

  04-11-2018 23:45
  Blockchain testing and research company Whiteblock Inc. has released a damning verdict on EOS, describing it as a “distributed homogeneous database” masquerading as a blockchain. In a report titled “EOS: An Architectural, Performance and Economic Analysis,” the company dissects several aspects of the EOS protocol and comes to the conclusion that it suffers from a
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• Crypto Week In Review: Goldman Sachs Furthers Crypto Foray, Coinbase Secures Funding

  04-11-2018 22:37 via newsbtc.com
  Although relative non-action in crypto markets has continued, with prices stagnating en-masse, prominent institutions, such as Goldman Sachs and Tiger Global, still seem ready to pounce on what this nascent industry has to offer.
  Goldman Sachs Onboards Exclusive Investors For Bitcoin Products
  Per an insider scoop from The Block, Wall Street’s golden child, Goldman Sachs, recently began to onboard a “small number” of institutional clients to test the waters for Bitcoin (BTC
  
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• Stablecoin? USD-Backed Crypto Token Tether Falls 5% [Again]

  04-11-2018 22:31
  Tether, or USDT, is supposed to remain “tethered” to the US Dollar, as its name implies. That’s its whole purpose as a token: it exists on exchanges as a way for traders get their profits to safety, in a sense, so they have some idea of the real fiat value of their portfolio. It was
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• Second-Largest US Bank Wins Patent for Crypto Storage System

  04-11-2018 21:35
  Recent times have seen banks hedging their bets or even fully integrating cryptocurrencies. The acquisition and filing of patents is how large organizations truly express their interest in a given field, and Bank of America continues to lead the way, now having secured its latest patent in the blockchain and crypto space, one for “tamper-responsive”
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• Bitcoin Price Intraday Analysis: BTC/USD in Tether-Linked Breakout Action

  04-11-2018 20:25
  Bitcoin on Sunday jumped 2.13 percent against the US Dollar as USD-pegged cryptocurrency tether (USDT) resumed its implosion. BTC/USD was in a sideways sentiment for most of the weekend trading session. The bearish trendline has capped the upside bias on multiple occasions. Nevertheless, the pair — from the past 8 hou rs to the time
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• ConsenSys-Led Ethereum Tools Truffle, Infura & MetaMask Hit Milestones

  04-11-2018 19:05
  Ethereum co-creator Joseph Lubin-led ConsenSys, the largest blockchain software development firm in the world based in New York, has created three of the most widely utilized Ethereum products over the last several years. To many new cryptocurrency users and investors, ConsenSys, which houses nearly 1,000 developers, is unrecognized. But, day-to-day users of various blockchain projects
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• How Should CMO's Prepare For A Cryptocurrency Future? - Forbes

  04-11-2018 18:22 via forbes.com
  Forbes
  How Should CMO's Prepare For A Cryptocurrency Future?
  Forbes
  Regardless of how you personally feel about the prospect of using digital currencies, it's hard to deny that cryptocurrencies have generated a ton of momentum, both good and bad. But, from each experience, domestically and abroad, there are lessons to ...
  
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• IBM Files Patent for Blockchain-Based AR Helper System

  04-11-2018 17:42
  IBM has filed a patent for a blockchain-based system which will prevent players of augmented reality games entering physical spaces that are undesirable. They cite as examples “high-risk locations, culturally sensitive locations, locations marked by property owners.” Augmented reality is a technology which adds layers to physical reality. An example is Zombie GO, an AR
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• Buterin: Proof-of-Stake Ethereum Is “Really No Longer So Far Away”

  04-11-2018 16:31
  Ethereum founder discusses Ethereum's path to 'Serenity' at a conference in Prague.
  
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• Strong Demand: Crypto Hedge Funds are Still Raising $100 Million+

  04-11-2018 16:30
  Throughout 2018, the cryptocurrency market has lost 75 percent of its valuation. Yet, crypto hedge funds are raising hundreds of millions of dollars from accredited investors and institutions.   On November 1, CCN reported that Grayscale Investments, a subsidiary company of cryptocurrency venture capital behemoth Digital Currency Group, raised more than $330 million from both
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• Skirting the Great Wall: The Chequered Saga of Crypto in China, 2018

  04-11-2018 16:10 via cointelegraph.com
  Part two of Cointelegraph’s three-part series on the history of crypto regulations in China, as authorities in 2018 intensified their efforts to strike a fatal blow on the industry
  
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• Bitcoin Falls to 19th[!] in China’s Latest Blockchain Rankings

  04-11-2018 15:24
  A latest blockchain ranking report has put Bitcoin behind the new blockchain projects like EOS and Ethereum. The 6th Global Public Blockchain Technology Assessment Index, published by the China Electronic Information Industry Development (CCID), a government organization, listed bitcoin at the 19th position according to technological merits. At the same time, blockchain projects that surfaced
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• Builders on Wall Street: Bitcoin Devs Host Lightning Hack Day

  04-11-2018 15:00
  At the Lightning Hackday, it was hard to keep up with all the futuristic ideas for bitcoin's layer-two, but some devs are focusing on the basics.
  
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• (Op-ed) Bitcoin: 10 Years Of Survival Mode

  04-11-2018 14:15
  Hello guys, how’s it going? First, let me congratulate all Bitcoin holders. Your currency of choice to store value has been “alive” (as a whitepaper), for the past 10 years. And what a crazy ride it has been.  It went from 0 to about USD 6200, which represents a 6200% valuation, with the usual ongoing
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• Why Blockchains Struggle to Gain Traction in Enterprises

  04-11-2018 14:10
  Existing systems work well enough and are scary to replace, so the path to blockchain adoption will be one problem at a time, says EY's Paul Brody.
  
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• FCA Could Ban Crypto-Derivatives, and the End of BCH? – Best of the Week

  04-11-2018 13:23
  Catch up on last week's top stories.
  
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• Bitcoin Cash Continues to Skyrocket 15% to $535, Volume Quintuples

  04-11-2018 13:06
  Ahead of its scheduled fork on November 15, the price of Bitcoin Cash (BCH) has increased by yet another 15 percent to $535. Yesterday, on November 3, CCN reported that the price of BCH surged by 12 percent from $425 to $477 ahead of its hard fork. The support of the original Bitcoin Cash roadmap
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• SyncFab Takes Blockchain Supply Chain Solution to Service Asian Market Buyers in MOU with C Block Capital

  04-11-2018 11:27
  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 SyncFab Takes Blockchain Supply Chain Solution to Service Asian Market Buyers in MOU with C Block Capital appeared first on CCN
  
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• Using Blockchain For Social Change: A Conversation with TRON’s Justin Sun

  04-11-2018 11:21
  For as much as blockchain has soaked up headlines over the past two years, the sector has yet to break through to the mainstream consciousness. Much of it has to do with the fragmentation of the sector in general, with different coins and blockchains delivering their own benefits and featuring their own respective communities. However,
  The post Using Blockchain For Social Change: A Conversation with TRON’s Justin Sun appeared first on CCN
  
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• Winklevoss Twins Sue Charlie Shrem, Silk Road Felon

  04-11-2018 10:41
  The former felon owes the twins money, and now that he has been buying himself luxury items, they want it back.
  
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• Busted: Bulgarian Officials Caught Selling Passports for Bitcoin

  04-11-2018 08:48
  Authorities in Bulgaria have clamped down on the shady sale of international passports to foreigners from some parts of Eastern Europe in exchange for bitcoin. Erring citizens of Bulgaria, Ukraine, Moldova, and Macedonia have been allegedly involved in the perpetration of such illegal activities. Officials Arrested The citizenship issuance which was authorized by Bulgarian officials
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• Bitcoin Price Weekly Analysis: BTC/USD Rebound Faces Significant Hurdle

  04-11-2018 08:30 via newsbtc.com
  Key PointsBitcoin price recovered recently and tested the $6,375 resistance area against the US Dollar.
  There is a significant bearish trend line in place with resistance at $6,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair must break the $6,365, $6,375 and $6,400 resistance levels to trade higher in the near term.Bitcoin price is still above the $6,250 support against the US Dollar. However, BTC/USD is facing a crucial resistance near the $6,375-6,400 area.
  Bitco
  
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• Ethereum Price Weekly Analysis: ETH/USD Sellers Defend Key Resistance

  04-11-2018 07:28 via newsbtc.com
  Key HighlightsETH price recovered a few points, but it faced a strong resistance near $202 against the US Dollar.
  There is an important bearish trend line in place with resistance at $200 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair must break the $200 and $202 resistance levels to move into a positive zone.Ethereum price is facing tough challenges versus the US Dollar and Bitcoin. ETH/USD may perhaps decline once again if it fails to move above $200-202.
  Ethereum Price Analy
  
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• Bitcoin Cash Price Weekly Analysis: BCH/USD Could Extend Gains Above $500

  04-11-2018 05:28 via newsbtc.com
  Key PointsBitcoin cash price rallied recently and broke the $450 and $460 resistances against the US Dollar.
  There was a break above a major bearish trend line with resistance at $430 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
  The pair may correct lower in the short term before buyers push the price above the $500 handle.Bitcoin cash price is back in a positive zone above $460 against the US Dollar. BCH/USD is likely to extend gains above the $500 level in the near term.
  B
  
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• ICO Misconduct Takes Center Stage in SEC Enforcement Report

  04-11-2018 02:01
  Despite the fact that the US Securities and Exchange Commission (SEC) has yet to craft a clear regulatory framework for cryptocurrencies, the agency placed a great deal of emphasis on the space this year, particularly on initial coin offerings (ICOs). The SEC’s Division of Enforcement published its fiscal year 2018 annual report, the second one of
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• Azerbaijan Wants to Adopt Blockchain on Ministry of Justice Databases

  04-11-2018 02:00 via newsbtc.com
  Azerbaijan is joining the list of governments adopting distributed ledger technology to promote efficiencies.
  Osman Gunduz, Chair of the Azerbaijani Internet Forum (AMF), announced the country will start using blockchain on the information systems and registries of the Ministry of Justice.
  Azerbaijan Government Eyes Blockchain Application on Notaries, Courts, Penitentiaries, NGOs, Registries
  The Azerbaijani Internet Forum is preparing efforts for the adoption of blockchain by the
  
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• Middle East Hub? Ripple to Set up an Office in Dubai by Year-End

  04-11-2018 00:15
  Ripple has announced that it will be setting up an office in Dubai, United Arab Emirates before the close of 2018. Speaking during this year’s Global Islamic Economic Summit that was held in Dubai, Ripple’s global infrastructure innovation head, Dilip Rao, indicated that the focus of the fintech firm would be on cross-border payments. In
  The post Middle East Hub? Ripple to Set up an Office in Dubai by Year-End appeared first on CCN
  
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• SEC Report: Reducing Cryptocurrency Scams Among Their Top Priorities

  04-11-2018 00:00 via newsbtc.com
  In the U.S. Securities and Exchange Commission’s (SEC) latest annual report, the regulatory authority explained that reducing the number of cryptocurrency-related scams is currently among their top priorities. The report specifically cites initial coin offerings (ICOs) as one such sector of the industry that they are focusing on.
  The report comes amidst an exponential increase in crypto-related scams that has resulted from increased public interest and the complex nature of the i
  
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