Cryptocurrency news

• Who Created Bitcoin? Early Developer Jeff Garzik Gives His Best Guess

  09-11-2018 23:57
  Jeff Garzik, historically one of the major early contributors to the Bitcoin codebase and later a lead developer at BitPay, doesn’t know who created the flagship cryptocurrency. However, he has an educated guess. Speaking in an interview with Bloomberg, he spoke to his suspicions of the actual creator of Bitcoin. He has one of the
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• Daily Crypto Roundup 11/9/2018

  09-11-2018 23:50
  An interview with ETC’s Donald McIntyre, Bitfinex struggles, AT&T and T-Mobile lawsuits, and Bitcoin comments and predictions filled crypto headlines today. Take a minute to brush up on the news.
  Interview: Donald McIntyre (ETC Dev Team) On The Advantages Of Ethereum Classic
  Crypto Insider recently got the chance to interview Donald McIntyre of the ETC development team.
  Ethereum is a much talked about crypto asset and platform. But ETC sees less conversation.
  “If you follow him o
  
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• South Korean Crypto Exchange Pure Bit Exit Scams with 13,000 Ether: Report

  09-11-2018 23:11
  According to Korean blockchain news provider Blockchain ROK, newcomer exchange Pure Bit has effectively exit scammed with at least 13,000 in investor Ethereum in hand. As evidence of the scam, BROK points to the fact that the exchange’s CEO has changed his name on popular Korean social media network Kakao to “I’m sorry” in the
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• Square Generates $43 Million in Bitcoin Revenue in Q3, Profits Reach $500,000

  09-11-2018 23:00 via newsbtc.com
  Mobile payments and merchant services provider Square, Inc. has revealed its Q3 revenue report, and with it has shared some positive growth in Bitcoin-related revenue.
  Square Shows Steady Continued Growth in Bitcoin Revenue
  According to Square’s third quarter 2018 revenue report, the mobile payment firm generated $431 million in adjusted net revenue – beating FactSet analyst projections of $414 million. The growth represents a 68% year-over-year increase of adjusted revenue. Total ne
  
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• Bitcoin Analysis: Market Rejects Bulls as Downside Correction Extends

  09-11-2018 22:21
  Bitcoin on Friday suffered a circa 1 percent loss against the US Dollar owing to an extended bearish correction. The BTC/USD pair is now trading at 6340-fiat, 2.70 percent down from the November’s top at 6516-fiat. The 100-period simple moving average resistance discussed in our previous analysis has fared strongly for the fourth time. The
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• Survey: 19% of Respondents Are Very Confident of ICO Market

  09-11-2018 22:00 via newsbtc.com
  A new survey has found that 19 per cent of respondents are very confident about the initial coin offering industry (ICO), whereas 36 per cent remain neutral.
  Neutral to Positive Confidence
  The survey was conducted by TGE, who surveyed CEOs, firms, and consultants to deliver a quantitative measure to better understand the ICO and blockchain space. TGE questioned 319 participants.
  So far in 2018 there has been bearish sentiment toward the ICO space, with the vast majority of ICOs trading
  
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• Colorado Regulators Crack Down on Four More ICOs

  09-11-2018 21:15
  The state's "ICO Task Force" has now issued 12 cease-and-desist orders since May of this year.
  
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• Dogecoin Creator: Bakkt, Fidelity, and Bitcoin ETF Are Bad for Cryptocurrency

  09-11-2018 21:00 via newsbtc.com
  Jackson Palmer, the founder of the cryptocurrency Dogecoin, has discussed what he calls the “re-centralization” of the cryptocurrency markets, and notably criticized the direction the industry is heading.
  Growing Shift Away from Decentralization in Cryptocurrency Industry
  In a recent opinion piece published in Diar, Palmer begins his Op-Ed, titled “The Institutionalization of Cryptocurrency is a Paradox,” with a detailed description of the current events that are consider
  
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• Bitcoin Bomber: Disgruntled Swede Jailed for Mailing Bomb to London Crypto Firm

  09-11-2018 20:57
  A Swedish man has been found guilty of attempted murder after sending a mail bomb to a bitcoin firm based in London. According to detectives from London’s Metropolitan Police Service, 43-year old Jermu Michael Salonen sent the mail bomb following a refusal by Hackney-based Cryptopay to change his password. As initially reported by the City
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• The Industrial Blockchain, Descartes’s Kernel & Electronic, Will Open up a New Era of AI

  09-11-2018 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
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• Curated blockchain and cryptocurrency news – Week 44

  09-11-2018 20:00 via crypto-news.net
  Welcome back to our weekly series where we cover the most important news that happened in the blockchain world. This article goes from October 30th all the way to November 7th, so a couple of days longer than usual. A lot of important events happened this past week, so let’s get right to the point.
  October 30th
  Reuters celebrates Bitcoin’s 10th birthdayOne decade after publishing the whitepaper, Satoshi Nakamoto (whoever s/he might be) is most likely the happiest person in the w
  
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• Ethereum Token BAT Crashes Nearly 20% after Coinbase.com Listing

  09-11-2018 19:50
  Ethereum token BAT rode the “Coinbase bounce” to a four-month high, but on Friday the cryptocurrency’s price fell back toward earth with a resounding thud. Ethereum Token BAT Leads Market Pullback The crypto market as a whole traded down heading into the weekend, with valuations collectively dropping by $6 billion over a 48-hour period. However,
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• Bitcoin Falls to $6,300 Region as Altcoins Continue to Decline

  09-11-2018 19:30 via newsbtc.com
  After failing to stabilize above $6,500, Bitcoin has now fallen into the $6,300 region, and it is becoming increasingly likely that it will test its long-established support level that exists at $6,200.
  Altcoins also took a hit on Friday after yesterday’s weak day of trading.
  Bitcoin Drifts Lower, $6,200 Likely to be Defended by Bulls
  At the time of writing, Bitcoin (BTC) is trading at $6,395, trading down 1.3% over the past 24-hours.
  BTC has been gradually declining since November 6th, wh
  
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• The 'Coinbase Effect' Turns Bearish After BAT Prices Drop Post-Listing

  09-11-2018 19:22
  The price of browser startup Brave's Basic Attention Token (BAT) fell by as much as 20 percent in the past 24 hours.
  
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• Judge Deals Setback to Winklevoss Quest to Reclaim $32 Million in ‘Stolen’ Bitcoin

  09-11-2018 19:11
  Bitcoin pioneer Charlie Shrem saw his assets unfrozen yesterday, dealing a major setback to Gemini founders Cameron and Tyler Winklevoss’ quest to reclaim more than $30 million worth of crypto funds they allege Shrem stole from them more than five years ago. Recent Developments BitInstant founder Charlie Shrem has seen recent headway in his defense
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• How Do We Make Blockchain User-Friendly for Mass Adoption?

  09-11-2018 19:07 via newsbtc.com
  It’s been forecasted that by 2021, there will be over 3 billion worldwide registered social media accounts and with blockchain-based businesses aiming to disrupt many industries, one has to ask if established and emerging social media apps on the blockchain can supplant the incumbent centralized social platforms?
  For blockchain to fully become mainstream, it is essential for it to illustrate an increased real-world use. There has to be real businesses with real communities, usable and live
  
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• Blockchain Healthcare Platform MediBloc Partners with Massachusetts General Hospital

  09-11-2018 19:04 via feedproxy.google.com
  
  Blockchain startup MediBloc has announced a three-year project with Massachusetts General Hospital (MGH), the original and largest teaching hospital of Harvard Medical School, to help it become one of the first healthcare institutions in the world to leverage blockchain technology for secure and accessible data storage. The partnership will focus on building a standardized data […]
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• Binance Exchange Coin (BNB) Listed on Token Mining Exchange “Nexybit”

  09-11-2018 18:40
  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
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• Ethereum: Decentralized Crypto Exchange Volumes Plunge after EtherDelta Charges

  09-11-2018 18:17
  Following the SEC’s enforcement action against the founder of Ethereum exchange EtherDelta, cryptocurrency traders appear to be shying away from so-called decentralized crypto trading platforms while they wait to see whether more enforcement actions are coming down the pike. DEX Volumes Take Major Haircut Following EtherDelta Charges As first noted by crypto research group DRIVE
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• Interview: Donald McIntyre (ETC Dev Team) on the advantages of Ethereum Classic

  09-11-2018 18:00
  On November 5th 2018, Ethereum Classic Dev Team member Donald McIntyre spoke with Crypto Insider’s Vlad Costea in order to address the status-quo and future of ETC. A long-time member of the Ethereum community himself, Mr. McIntyre is a strong believer in the principles of immutability and censorship resistance, but simultaneously appreciates the Turing-completeness of the blockchain.
  If you follow him on Twitter, you will discover that he is one of the most vocal advocates of the original
  
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• For Bitfinex Users, Dollar Withdrawals Are Now a Weeks-Long Struggle

  09-11-2018 18:00
  Three weeks after being assured everything was running smoothly, some customers at Bitfinex are wondering why they still can't get their money out.
  
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• Basic Attention Token Nosedives 20% Amidst SEC Crackdown Concerns

  09-11-2018 18:00 via newsbtc.com
  The native cryptocurrency token powering the Brave browser, Basic Attention Token, has fallen 20% overnight over concerns stemming from the SEC’s recent crackdown.
  BAT Faces Deep Correction After Coinbase Listing Surge
  While Bitcoin and much of the rest of the cryptocurrency market continue to struggle to break out through long-term downtrend resistance, Basic Attention Token (BAT), has been on quite a run in recent weeks starting around the beginning of October in anticipation of a potent
  
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• FCA Warns Against AsicTrader Scam

  09-11-2018 17:47
  The company may be operated by the people behind the Cryptobank UK scam.
  
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• Crypto Loan Provider Cred Now Takes Ripple (XRP) as Collateral

  09-11-2018 17:38
  Cryptocurrency backed lending provider Cred has added ripple (XRP) as a collateral option, enabling XRP holders to get loans for their holdings without having to sell them or incur tax consequences, an official press release reports. As a lending platform that specializes in decentralized assets, Cred’s goal is to make it possible for anyone to
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• Ethereum Sets Tentative January Goal for Next Blockchain Upgrade

  09-11-2018 17:31
  Ethereum developers have tentatively agreed a mid-January deadline for the network's upcoming Constantinople hard fork.
  
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• Law Firm Sues AT&T, T-Mobile over Crypto Thefts in Phone Hacks

  09-11-2018 16:51
  The lawsuit dubs the attacks “SIM swap fraud,” which involves thieves gaining access to mobile customers’ information.
  
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• Law Firm Sues AT&T and T-Mobile over Crypto Thefts in Phone Hacks

  09-11-2018 16:51
  The lawsuit dubs the attacks “SIM swap fraud,” which involves thieves gaining access to mobile customers’ information.
  
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• Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account

  09-11-2018 16:45
  Bitcoin mining giant Bitmain has filed a lawsuit against a mystery hacker who allegedly stole bitcoin from one of the firm’s cryptocurrency exchange accounts. According to the suit, which the China-based Bitmain filed on Nov. 7 in the US District Court for the Western District of Washington, the unknown hacker infiltrated Bitmain’s Binance account in
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• Bankex Strikes a Deal with an Institutional Investor: How Bankex Got Here from Its Startup Beginnings

  09-11-2018 16:05
  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. BANKEX’s recent registration in Malta has paved the path to the first sale of BANKEX tokens to a leading institutional investor on the financial assets market. The tokens
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• A comparison of Ethereum and Tezos debuts

  09-11-2018 15:54
  When Ethereum went live with the experimental “Frontier” release on July 30, 2015, it was met with fanfare touting the many advancements this second-generation blockchain would have over Bitcoin. If you stroll back just over three years ago, the blockchain universe was much smaller, and fewer users appreciated smart contracts, let alone recognized the potential of running code on a decentralized blockchain. In fact, on the day Ethereum launched, the price of Bitcoin closed at $287, a
  
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• Bitcoin Cash Community is Working to Kick CSW Out: Billionaire Jihan Wu

  09-11-2018 15:47
  Jihan Wu, the billionaire co-founder of Bitmain, a cryptocurrency conglomerate valued at $15 billion, has said that the Bitcoin Cash community is working together to kick Craig Steven Wright out of the community. “The whole BCH community are working together to kick Fake Satoshi out. The resistance against cult leader proves the inner strength and
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• Carbon's Stablecoin Can Now Be Swapped Between EOS and Ethereum

  09-11-2018 15:10
  The interoperable dollar-pegged crypto token CarbonUSD has just launched as the first stablecoin on the EOS platform.
  
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• BitYaris Announces Their Support to the Upcoming Bitcoin Cash Hard Fork

  09-11-2018 14:58
  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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• Cloudbet Bitcoin Casino Player Bags Nearly 50 BTC In Single Spin

  09-11-2018 14:41
  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. Cloudbet’s live casino lobby was ringing with the sound of the jackpot siren once again as a player scooped 49.22 BTC in a single spin of a Roulette
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• Qiibee CEO: Blockchain is the Perfect Technology for Loyalty Programs

  09-11-2018 14:39 via feedproxy.google.com
  
  Blockchain is the perfect technology to connect the loyalty program industry as it delivers more options and value to customers. That’s according to the CEO and co-founder of Qiibee, a Swiss-based loyalty token protocol that helps brands run their loyalty programs on the blockchain. Speaking in an interview with Coinjournal, Gabriele Giancola spoke about how the […]
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• (+) Why Investors Should Pay Attention to Electroneum

  09-11-2018 14:26
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• My Advice to Regulators? Stick with Fraud: Director of TradeTech Group

  09-11-2018 14:18
  Muhammad Rasoul offers a clear assessement of ESMA's regulations and their respective impact on multiple segments
  
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• “My Advice to Regulators? Stick with Fraud”

  09-11-2018 14:18
  Muhammad Rasoul offers a clear assessement of ESMA's regulations and their respective impact on multiple segments
  
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• Meet the Universal Currency for Two Billion Gamers

  09-11-2018 14:18
  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. 500 Video Games Are Now Accessible With the New Altcoin The MobileGO company is aiming to make the esports industry more reliable and transparent with its new MGO
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• Malaysian Government, Universities Team to Put Degrees on a Blockchain

  09-11-2018 14:10
  Malaysia's education ministry has formed a new consortium of universities to issue and verify degrees on the NEM blockchain.
  
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• Another Warning From China’s Central Bank on Cryptocurrency Risks

  09-11-2018 14:00 via newsbtc.com
  Very few positive stories come out of China with cryptocurrency in the headlines. This one is no different as the central bank has continued with its rhetoric over the risks of dealing with digital currencies.
  Same Old Story; Crypto Bad, Blockchain Good
  The People’s Bank of China has issued another warning over its perceived bubble effect associated with cryptocurrency investing. Director of the research bureau of China’s central bank, Xu Zhong, penned the paper along with Zuo Chuanw
  
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• Victims Sue AT&T, T-Mobile Over 'SIM Swap' Crypto Hacks

  09-11-2018 13:10
  A cryptocurrency-focused law firm in the U.S. says it has filed lawsuits against AT&T and T-Mobile on behalf of victims of "SIM swapping" hacks.
  
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• Plasma Halted as Ethereum Seeks Alternative Scaling in zk-SNARKs

  09-11-2018 13:00 via newsbtc.com
  Ethereum’s Achilles heel has always been scaling. Since its inception, developers have been researching different ways to scale the blockchain in order to increase network capacity and speed.
  Back in August 2017 Ethereum co-founder, Vitalik Buterin, released an initial draft of the Plasma project which provided an off-chain layer 2 scaling solution. By spawning child-chains the work is carried out off the root chain which will alleviate the pressures on it under heavy load (think back to C
  
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• $6 Billion Wiped Out of Crypto Market in 48 Hours: Where to Next?

  09-11-2018 12:58
  Over the last 48 hours, since November 7, the global crypto market has lost $6 billion of its valuation as it dropped from $220 billion to $214 billion, while Bitcoin remained stable. On November 6, major cryptocurrencies including Bitcoin Cash (BCH), Ripple (XRP), Ethereum (ETH), Stellar (XLM), and Cardano (ADA) recorded large gains in the
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• FMA Warns Against Trading with Bitcoin Profit

  09-11-2018 12:56
  The Austrian regulator says the firm is offering its services without the requisite licenses
  
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• Bitcoin Price Eyes $6.2K Amid Further Drop into Bear Territory

  09-11-2018 12:16
  Bitcoin's reversal of the recent uptrend in prices is gathering pace and a drop into a bearish territory below $6,200 is now a possibility.
  
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• Cities in China are Using Blockchain to Track Parolees

  09-11-2018 11:52
  At least two Chinese cities are using blockchain technology to track offenders on parole, CCN has learned. In the city of Foshan, a report from May indicates that officials would like to deck their system out with bracelets similar to those issued in western countries. In the city of Zhongshan, which is in the same
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• VanEck’s Chief Strategist Eyes Multi-Billion Dollar Investment in Bitcoin ETF

  09-11-2018 11:06 via newsbtc.com
  The launch of the first Bitcoin exchange-traded fund (ETF) could witness the space attracting as little as a few billion dollars, predicted Gabor Gurbacs.
  The director of Digital Assets Strategy at VanEck made the bullish prediction during an interview with CNBC Crypto Trader hosted by Ran Neuner, while explaining the possible outcomes from a successful Bitcoin ETF launch. He acknowledged that there would be a likelihood of institutional dollars coming into the Bitcoin industry via securities, m
  
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• Thai ICO Portal to Launch in December as Government Seeks Control

  09-11-2018 10:56
  The ICO portal will allow the Thai government to screen ICOs before they go live to the public.
  
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• Bitcoin Price Watch: BTC/USD Trading Near Major Inflection Point

  09-11-2018 10:28 via newsbtc.com
  Key PointsBitcoin price declined further and traded below the $6,440 support against the US Dollar.
  Yesterday’s highlighted key bullish trend line with support at $6,445 was breached on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The price tested the next important support at $6,375 and later started consolidating losses.Bitcoin price failed to stay above the $6,440 support against the US Dollar. BTC/USD is currently consolidating above the $6,375 support with bearish mov
  
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