Cryptocurrency news

• It’s Not Money! ‘Bank for Central Banks’ Slams Bitcoin [Again]

  06-11-2018 23:58
  Contrary to the notion among many crypto enthusiasts that bitcoin is a speculative investment with major upside potential, a stakeholder in the legacy financial sector has rubbished the value attached to digital assets, describing them as mere software algorithms with no utility. The verdict was given by the general manager of Bank for International Settlements
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• Bitcoin Cash Price Climbs 11% to Hit 2-Month High

  06-11-2018 23:55
  The price of bitcoin cash rose more than 11 percent on Tuesday, pushing its price to a new two-month high.
  
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• Daily Crypto Roundup 11/6/2018

  06-11-2018 23:50
  Today in the crypto space – Tezos baking could spark new opportunities in the space, Augur is hit hard by U.S. elections, PwC looks to bring clarity to stablecoins, possible Apple podcast censorship, and another Novogratz prediction. Take a further look at today’s action!
  On Tezos Baking And Why Crypto Staking Will Become Big Business In 2019
  Notable project Tezos has seen its fair share of hype, as well as difficulties since their ICO last year. Tezos utilizes a Proof-of-Stake (PoS)
  
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• Just a Ripple? XRP Price Hits One-Month High But Eyes Correction

  06-11-2018 23:02
  Ripple (XRP) on Tuesday established a bullish setup after rising more than 10 percent against the US dollar. The pair broke above the October peak to set a new one-month high at 0.569-fiat. It was previously stuck in a narrow trading range for multiple weeks amidst lower volatility. While the lack of bias-defining price action is
  The post Just a Ripple? XRP Price Hits One-Month High But Eyes Correction appeared first on CCN
  
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• What is Initiative Q Really All About? Does it Beat Bitcoin? Don’t Bet on It

  06-11-2018 23:00 via newsbtc.com
  By now, you’ve probably heard of the pseudo-cryptocurrency Initiative Q.
  Many people with little understanding of either economics or technology have been sharing social media marketing relating to the scheme, which promises to change the future of finance, but appears little more than a successful data mining scam.
  Initiative Q: Not Decentralised, Not Limited in Supply, Not Crypto
  Even if you have no interest in the digital currency space whatsoever, there is a good chance you will have h
  
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• Texas Regulators Enter Emergency Stop Against Crypto Mining Firm

  06-11-2018 22:30
  The Texas State Securities Board issued an emergency cease-and-desist against a company it claims committed fraud in offering crypto mining contracts.
  
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• ERC-20 Co-Author Out to Tackle Fraudulent Tokens with Secure ICO Model

  06-11-2018 22:00 via crypto-news.net
  Initial Coin Offerings (ICOs) started with a boom – helping finance many blockchain and cryptocurrency startups, bringing investors to decentralized applications, but also attracting many fraudulent actors. One of the first and most common standards for ICO tokens is the Ethereum based ERC-20 token format, and to clean scams and other fraudulent activities from the token scene, one of the standard’s co-author is proposing some changes.
  The request, coming from Fabian Vogelsteller, is
  
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• BTCC Mining Pool to Shut Down Indefinitely “Due to Business Adjustments”

  06-11-2018 22:00 via newsbtc.com
  BTCC, China’s oldest Bitcoin exchange, is shutting down its mining pool, which has been operating for more than four years, the company announced. The firm claims the decision to cease operations indefinitely from November 30 is due to business adjustments.
  BTCC’s Mining Pool to Cease Operations Indefinitely from November 30
  The cryptocurrency mining pool launched by Hong Kong-based Bitcoin exchange BTCC has been active since 2014.
  Stating that the firm has earned the support an
  
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• You Can Now Use Crypto to Take out a Real Mortgage on Virtual Land

  06-11-2018 21:59
  It’s not Thursday, but this story sure feels like a throwback to headlines from last year’s cryptocurrency mania: crypto enthusiasts have begun using their tokens to take out real mortgages on virtual land. Decentraland & Ripio Partner for Crypto Mortgage Service This phenomenon has been made possible through a partnership between Decentraland, an Ethereum-based virtual
  The post You Can Now Use Crypto to Take out a Real Mortgage on Virtual Land appeared first on CCN
  
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• Apple Reportedly Removes Crypto Podcast, Continued Crackdown on Industry?

  06-11-2018 21:00 via newsbtc.com
  U.S.-based technology giant, Apple, mysteriously removed an explosively popular cryptocurrency podcast that reached number four in the U.S. investing category without offering any warnings or explanations as to why the podcast was removed.
  The cryptocurrency podcast, called Off the Chain, is run by popular crypto enthusiast and investor, Anthony “Pomp” Pompliano, and discusses important cryptocurrency-related topics. Off the Chain, which is distributed among multiple major platforms,
  
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• Bitcoin Price: Crypto Market May be Poised for Bullish Breakout

  06-11-2018 20:59
  Bitcoin on Tuesday confirmed another bull flag formation after reversing from its downside correction action. The BTC/USD pair has almost negated the losses made during yesterday’s trading session, bringing the 24-hour gains to 0.46 percent. The pair found a strong intraday support level at 6372-fiat, just ahead of testing the lower trendline of the parallel
  The post Bitcoin Price: Crypto Market May be Poised for Bullish Breakout appeared first on CCN
  
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• Charlie Shrem Says He Never Owned Bitcoin Claimed Stolen By Winklevosses

  06-11-2018 20:46
  In a new court filing, Charlie Shrem denies claims that he stole 5,000 bitcoin from Cameron and Tyler Winklevoss.
  
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• OSA Token Secures Listing at Bibox Exchange

  06-11-2018 20:23
  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 OSA Token Secures Listing at Bibox Exchange appeared first on CCN
  
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• Exclusive: SWIFT Denies Integration Rumours with RippleNet

  06-11-2018 20:12
  Fans of XRP are excited by speculation that a competitor could soon be a partner.
  
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• Noorcoin as the Face of the Industry Revolution 4.0 Sets for a Global Impact

  06-11-2018 20:05
  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 Noorcoin as the Face of the Industry Revolution 4.0 Sets for a Global Impact appeared first on CCN
  
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• No, Those Elon Musk Crypto Scams Probably Haven’t Made Fraudsters $175,000

  06-11-2018 19:56
  A reporter receives a scam tip, reviews the e-mail, checks an address on the blockchain, and figures the balance shown is the take from the scam in progress. Probably the author and most of his peers are guilty of the assumption — the pseudonymous nature of the blockchain makes it difficult to know right off
  The post No, Those Elon Musk Crypto Scams Probably Haven’t Made Fraudsters $175,000 appeared first on CCN
  
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• TomoChain Announces New Office in Japan

  06-11-2018 19:55
  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 TomoChain Announces New Office in Japan appeared first on CCN
  
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• Tech giants launch blockchain identification pilot

  06-11-2018 19:55
  Accounting giant Deloitte and Chicago-based identity management firm Attest have announced their cooperation in a plan to offer blockchain identification  for government clients, according to a press release.
  Attest already has two digital identification services on the market, its basic wallet and enterprise level wallet. The tools allow consumers to protect and securely share personal data with governments and businesses. But with Deloitte’s expertise in the blockchain world, the ne
  
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• eToro Launches Cryptocurrency Management Mobile App

  06-11-2018 19:51 via newsbtc.com
  Multi-asset brokerage eToro has launched an application for their users to store their Bitcoin and other cryptos on their mobile phones.
  The software sounds a lot like a cryptocurrency wallet – only its entirely permissioned, isn’t open-source, and doesn’t allow users to access their private key or seed phrases.
  eToro “Wallet” Entirely Misses Point of Crypto
  According to a press release, the social trading platform has today launched a cryptocurrency wallet.
  However
  
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• Cryptaur Announce Partnership with NEM and Proximax a the Gitex Future Starts Event

  06-11-2018 19:40
  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 Cryptaur Announce Partnership with NEM and Proximax a the Gitex Future Starts Event appeared first on CCN
  
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• Venezuela’s Supreme Court Orders Indemnity Payments in State Crypto Petro

  06-11-2018 18:50
  Venezuela’s Supreme Court of Justice (TSJ) has recently ordered a national institute to pay indemnities to one of its employees after she suffered a workplace injury in its oil-backed cryptocurrency petro. According to Sputnik, the Supreme Court’s ruling was based on a decree on “Cryptoassets and the Sovereign Cryptocurrency Petro,” which was approved in April
  The post Venezuela’s Supreme Court Orders Indemnity Payments in State Crypto Petro appeared first on CCN
  
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• Bitmain to Begin Selling New Bitcoin Miners Later This Week

  06-11-2018 18:15
  Bitmain's recently revealed 7nm ASIC mining chip will be included in new Antminer S15 and T15 models, which go on sale Thursday.
  
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• Altcoins Surge as Bitcoin Finds Stability, Market Led by XRP, XLM, BCH

  06-11-2018 18:15 via newsbtc.com
  Following a long period of unprecedented sideways trading, Bitcoin has solidified its position in the middle of its long-established range, and altcoins are beginning to surge amidst Bitcoin’s stability. At the time of writing, the markets are being led by XRP, BCH, and XLM, respectively.
  At the time of writing, Bitcoin (BTC) is trading at $6,445, which is right in the middle of its trading range of $6,200-$6,700. Last week, Bitcoin’s price fell into the $6,200 region, leading many i
  
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• Researchers rank cryptocurrency exchanges by how secure they are - TNW

  06-11-2018 18:12 via thenextweb.com
  TNW
  Researchers rank cryptocurrency exchanges by how secure they are
  TNW
  Prominent cyber-security firm Group-IB has graded the security of online cryptocurrency exchanges, as a means of assessing insurance risk. It found long-standing platform Kraken to be the most secure, with OKEx, Huobi Pro, and CoinCheck among the ...and more »
  
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• AMD reaaaally wants you to buy its new cryptocurrency mining gear - TNW

  06-11-2018 17:57 via thenextweb.com
  TNW
  AMD reaaaally wants you to buy its new cryptocurrency mining gear
  TNW
  Thirsty for a piece of the action from the cryptocurrency market, it appears AMD has become the latest graphical processing unit (GPU) manufacturer to target the blockchain sector. AMD just launched a new explainer page for cryptocurrency and ...
  
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• eToro Rolls Out Proprietary Cryptocurrency Wallet

  06-11-2018 17:29
  The Gibraltar-based subsidiary of eToro starts with a crypto wallet that supports four currencies
  
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• Bitcoin Mining Giant Bitmain to Release Next-Generation ASICs This Week

  06-11-2018 17:11
  Bitmain, the dominant bitcoin mining firm and the most valuable company in the cryptocurrency industry, has announced that it will release its next generation of application-specific integrated circuit (ASIC) chip miners this week. In a tweet posted yesterday, the Beijing-based firm said that it will begin taking preorders for the Antminer S15 and Antminer T15
  The post Bitcoin Mining Giant Bitmain to Release Next-Generation ASICs This Week appeared first on CCN
  
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• Taiwan Government Bans Anonymous Crypto Transactions

  06-11-2018 16:53
  In doing so it is following in the footsteps of the EU Parliament and the Japan Virtual Currency Exchange Association.
  
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• The Number of Bitcoin Short Positions Just Hit a 3-Month Low

  06-11-2018 16:45
  Short positions placed on bitcoin have fallen to their lowest levels since the beginning of August as market sentiment shifts in favor of the bulls.
  
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• Mining Cryptocurrency Uses More Energy Than Actual Mining - ExtremeTech

  06-11-2018 16:35 via extremetech.com
  ExtremeTech
  Mining Cryptocurrency Uses More Energy Than Actual Mining
  ExtremeTech
  At the dawn of cryptocurrency, mining seemed like a novel and useful way to distribute digital money. You could churn away with a laptop CPU and earn Bitcoin while supporting the blockchain that verified transactions. Today, Bitcoin requires a lot more ...
  Mining Cryptocurrency Uses More Energy Than Actual Mining For MetalsDiscover Magazine (blog)
  Quantification of energy and carbon costs for mining cryptocur
  
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• eToro Launches Its Crypto Wallet, Key to Opening Up the Market for Investors

  06-11-2018 16:16 via feedproxy.google.com
  
  eToro, a global trading and investment platform, has announced the unveiling of its crypto wallet, enabling, for the first time, its users to transfer their crypto assets from the platform to store them. According to an announcement, the multi-crypto, on-chain wallet, with multi-signature security – which requires more than one key to make a Bitcoin […]
  The post eToro Launches Its Crypto Wallet, Key to Opening Up the Market for Investors appeared first on Coinjournal.
  
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• On Tezos baking and why crypto staking will become big business in 2019

  06-11-2018 16:00
  Tezos is a Proof of Stake (PoS) blockchain where, unlike the case of Proof of Work-reliant Bitcoin, transactions are validated on the network by a process humorously known as “baking.”Typically, for a blockchain which relies on a PoS algorithm, the process of block validation is called “staking”. However, Tezos is a project which originated in France, a country famous for its baked goods. Consequently, the Tezos coins are grouped into “rolls” for the staking r
  
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• Bitcoin Beats Twitter, Jack Dorsey’s Square Market Cap Reaches $30 Billion

  06-11-2018 16:00 via newsbtc.com
  It appears that Jack Dorsey is once again winning at his own game. Dorsey, who owns both Twitter and Square, has often had his companies compared to one another in terms of market value. Twitter was usually the one to lead, but the popular social media network has lost to the mobile and merchant payment app.
  Square Cash App Grows Thanks to Bitcoin
  The popularity of mobile payment apps has often been tied to the popularity of cryptocurrencies. After digital assets skyrocketed back in late 2017, p
  
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• Marshall Islands President Faces No Confidence Vote amid Plans for a National Cryptocurrency

  06-11-2018 15:35
  Marshall Islands President Hilda Heine is under fire and is facing a vote of no confidence amid a bold plan led by her administration to introduce a national cryptocurrency dubbed the Sovereign (SOV). The vote will reportedly occur next week after a group of eight senators including Senator Casten Nemra introduced the motion on Monday with
  The post Marshall Islands President Faces No Confidence Vote amid Plans for a National Cryptocurrency appeared first on CCN
  
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• Blockchain Announces $125 Million 'Airdrop' of Stellar Cryptocurrency - Fortune

  06-11-2018 15:01 via fortune.com
  Fortune
  Blockchain Announces $125 Million 'Airdrop' of Stellar Cryptocurrency
  Fortune
  The crypto wallet provider Blockchain on Tuesday said it will distribute cryptocurrency to millions of its users in what appears to be the largest such giveaway of its kind. The giveaway—known in crypto parlance as an “airdrop”—will see recipients ...
  Bitcoin wallet Blockchain to give away $125m of cryptocurrency to encourage mass adoptionThe Independent
  Free Cryptocurrency Given Away a
  
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• 15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing

  06-11-2018 15:00
  The Depository Trust & Clearing Corporation is now testing its main blockchain project with 15 global banks, before taking the tech live in 2019. 
  
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• Crypto Wallet Firm Blockchain to Airdrop $125 Million in Stellar

  06-11-2018 14:59
  Crypto wallet provider Blockchain says it will distribute $125 million in Stellar XLM to users, with some receiving tokens within the week.
  
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• Ripple (XRP) Briefly ‘Flippens’ Ethereum to Become 2nd-Largest Cryptocurrency

  06-11-2018 14:32
  Ripple (XRP), long the world’s third-largest cryptocurrency, capped off an impressive single-day rally with a foray onto the market’s silver podium, briefly evicting ethereum (ETH) from the market cap ranking it has long called home. Ripple (XRP) Challenges Ethereum for Silver Podium The rally, as CCN reported, saw the ripple price rise an astounding 14
  The post Ripple (XRP) Briefly ‘Flippens’ Ethereum to Become 2nd-Largest Cryptocurrency appeared first on CCN
  
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• Facebook iFrames App Developer Atayen Launches “When Moon” SaTT ICO Game

  06-11-2018 14:25
  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 Facebook iFrames App Developer Atayen Launches“When Moon” SaTT ICO Game appeared first on CCN
  
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• BancorX Becomes the First dApp Across Blockchains

  06-11-2018 14:10 via feedproxy.google.com
  
  BancorX has become the first dApp to work across blockchains, now supporting both the Ethereum Network and EOS. This allows users of either system to swap ETH Tokens for EOS Tokens and vice versa, without losing control of their tokens. Previously, users would have to use a centralized service, like an exchange, to make cross […]
  The post BancorX Becomes the First dApp Across Blockchains appeared first on Coinjournal.
  
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• Bitfury Raises $80 Million in Private Funding Round

  06-11-2018 14:03
  The money was raised from investment companies around the world; will be used for "next phase of growth".
  
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• US Elections Push Augur's Total Ether Bets Over $2 Million

  06-11-2018 14:00
  Betting on elections to the U.S. House has brought over $700,000 onto the platform, pushing the midterms market into the top spot.
  
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• US Election Pushes Total Augur Bets Over $2 Million

  06-11-2018 14:00
  Betting on elections to the U.S. House has brought over $700,000 onto the platform, pushing the midterms market into the top spot.
  
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• Thailand’s Tax Authority Taps Blockchain to Fight Tax Evasion

  06-11-2018 14:00
  In its fight against tax evasion Thailand’s tax collection agency will turn to blockchain technology among other measures to fight the vice. According to the director-general of the Revenue Department, Ekniti Nitithanprapas, the government agency will employ blockchain technology in verifying whether owed taxes were paid in the correct amounts. Per the Bangkok Post, distributed
  The post Thailand’s Tax Authority Taps Blockchain to Fight Tax Evasion appeared first on CCN
  
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• Substratum Announces New Type of Crypto Exchange, beats China’s Great Firewall

  06-11-2018 14:00 via newsbtc.com
  Exchanges can currently be divided into two distinct categories, centralized such as Coinbase or decentralized such as IDEX. A hybrid may be on the horizon, however, from the founder of Substratum.
  A Distributed and DEX Combo
  According to PR Newswire Substratum has announced the development of Amplify Exchange, its new-fangled combination of distributed and decentralized exchange. It aims to provide crypto/fiat gateways for the top one hundred digital currencies when launched.
  The exchange is be
  
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• Crypto Mining Tech Firm Bitfury Closes $80 Million Funding Round

  06-11-2018 13:10
  Bitfury Group has just closed an $80 million funding round led by venture capital firm Korelya Capital.
  
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• The First Official Cryptocurrency Exchange to be Registered in UAE

  06-11-2018 13:00 via newsbtc.com
  A new cryptocurrency is coming to Dubai and it will be the first officially registered one in the country.
  Dubai to Get a New Crypto Exchange
  According to local media Al Zarooni Group and Crypto Bulls have joined together to launch the Crypto Bulls Exchange which is slated to be one of the biggest game changers for Dubai in the financial world.
  Chairman of the Al Zarooni Foundation, Suhail Al Zaroon, stated;
  “This will be the milestone for getting global investments opportunity from all ov
  
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• Fake Elon Musk Crypto Giveaway Scam Gets 0.4 BTC as Twitter Fails to Vet Advert

  06-11-2018 12:56
  On November 6, a paid advertisement emerged on Twitter, showing a verified account Tweeting out a fake crypto giveaway scam. A verified account with Twitter handle “@patheuk,” the official account of a UK-based film studio Pathé UK, began to Tweet out fake Ethereum (ETH) and Bitcoin (BTC) giveaway scams, claiming to be Tesla and SpaceX
  The post Fake Elon Musk Crypto Giveaway Scam Gets 0.4 BTC as Twitter Fails to Vet Advert appeared first on CCN
  
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• This Bitcoin Price Chart May Give Early Warning of Next Bull Reversal

  06-11-2018 12:20
  Bitcoin's long-awaited bullish reversal could gather steam once prices cross key resistance near $6,650.
  
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• South Africa, Malaysia, Indonesia Outpace Europe in Crypto Awareness and Ownership: Survey

  06-11-2018 12:13
  A survey commissioned by crypto firm Luno has found that the level of ownership and familiarity with cryptocurrencies was higher in Malaysia, Indonesia and South Africa compared to European markets. The three emerging markets of Indonesia, Malaysia and South Africa enjoyed varying levels of cryptocurrency ownership at 40%, 39% and 29% respectively. The respective levels
  The post South Africa, Malaysia, Indonesia Outpace Europe in Crypto Awareness and Ownership: Survey appeared first on CCN
  
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