Cryptocurrency news

• Telegram’s $1.7 Billion Cryptocurrency is 70% Complete: Report

  21-11-2018 23:50
  An investor update from September pegged completion of the Telegram Open Network — the social media giant’s long-anticipated cryptocurrency project — at 70 percent. Perhaps the most notable element of the report, which was leaked on LinkedIn and had not previously been publicly available, is that the virtual machine (similar in nature to the Ethereum
  The post Telegram’s $1.7 Billion Cryptocurrency is 70% Complete: Report appeared first on CCN
  
  Read more

• 5 Reasons Cryptocurrency Prices Are Plunging Again - New York Times

  21-11-2018 23:39 via nytimes.com
  New York Times
  5 Reasons Cryptocurrency Prices Are Plunging Again
  New York Times
  SAN FRANCISCO — The news on Wall Street this week has been bleak: sharp declines, fears of a bear market and high-flying technology stocks that suddenly took a tumble. Traditional stock investors may be taking a beating, but they should be glad they ...
  Why Has Bitcoin's Price Fallen So Sharply This Week?Slate Magazine
  Bitcoin-Rigging Criminal Probe Focused on Tie to TetherBloombergall 105 news articles&
  
  Read more

• Amended Suit Against Coinbase Details Bitcoin Cash Insider Trading Claims

  21-11-2018 23:30
  Plaintiffs in an ongoing case against Coinbase have filed an amended lawsuit explaining how they believe the exchange allowed insiders to unfairly profit from its rollout of bitcoin cash last December.
  
  Read more

• SEC Probe on Biotech Company-Turned-Crypto “Still Ongoing”

  21-11-2018 23:20
  The SEC is specifically interested in the information contained in three registration statements.
  
  Read more

• Advertisement

• VC Investor Outlines 3 Major Factors Behind $65 Billion Crypto Market Wipeout

  21-11-2018 23:05
  Chris Burniske, a Placeholder Management partner, said that the US stock market retracement, sell-off of Ethereum, and the Bitcoin Cash hard fork were the three major factors behind the recent crypto wipeout. In the past seven days, more than $65 billion has been deleted from the cryptocurrency market as every major cryptocurrency including Bitcoin (BTC),
  The post VC Investor Outlines 3 Major Factors Behind $65 Billion Crypto Market Wipeout appeared first on CCN
  
  Read more

• No, Jamie Dimon and Warren Buffett Won’t Have the Last Laugh on Bitcoin

  21-11-2018 23:00 via newsbtc.com
  In a bizarrely self-congratulatory article about Bitcoin and its recent price plunge, a Bloomberg journalist has attempted to discredit practically every aspect of the planet’s number one digital currency based on its 2018 price performance alone.
  Bitcoin Might Be Down But It’s Certainly Not Out
  If there’s one thing you can rely on, it’s a bit of sensationalism from the mainstream media and Bloomberg’s latest piece on the world of Bitcoin and cryptocurrency is
  
  Read more

• What Could Blockchain Do for Politics?

  21-11-2018 22:30 via crypto-news.net
  Ginni Rometty, Chief Executive Officer of IBM, says ‘What the internet did for communications, blockchain will do for trusted transactions.’
  One of the most fundamental and essential aspects of politics is transparency. It is vital to secure the political environment, so the elected people deliver with the best of their abilities and keep in mind their accountability. The true essence of democracy lies in people’s power to regulate how they live.
  In recent times, the political
  
  Read more

• Daily Crypto Roundup 11/21/2018

  21-11-2018 22:22
  A hefty XLM airdrop, Kraken talks security, Bitcoin Cash continues its war, positive news for USD Coin solvency, and another hacker caught, all while Bitcoin seeks to find a price bottom. Catch up on today’s headlines.
  Airdrops Reconsidered: Free XLM On Blockchain’s Wallet
  News has been buzzing regarding Stellar Lumens and their XLM airdrop. Stellar is giving away $125 million via airdropped XLM tokens. The coins will be given to those who register for the giveaway and hold Bloc
  
  Read more

• Advertisement

• Bitcoin Price Bounces Back — Sustained Recovery or Dead Cat Bounce?

  21-11-2018 22:05
  The bitcoin price on Wednesday showed signs of recovery after two weeks of massive selling action. The BTC/USD rate surged as much as 7 percent to establish an intraday high at 4645-fiat. The pair consolidated above 4500-fiat for a brief time but lost steam ahead of the US trading session, creating lower highs towards 4241-fiat.
  The post Bitcoin Price Bounces Back — Sustained Recovery or Dead Cat Bounce? appeared first on CCN
  
  Read more

• Research: Bitcoin Usage Shrinks 80% Across Payment Processors as Interest Wanes

  21-11-2018 22:00 via newsbtc.com
  As investor confidence in the long-term validity of Bitcoin being adopted by the mainstream as a means of payment and exchange fades, so has its real-world usage as such.
  Bitcoin’s Real-World Usage as Means of Payment in Decline
  Bitcoin was created by the mysterious person or group known as Satoshi Nakamoto 10 years ago in the wake of the global financial crisis, as a “peer-to-peer electronic cash system.”
  Such a system has the potential to disrupt the current fiat-based econom
  
  Read more

• IBM Cloud Joins Blockchain Startup iExec to Increase the Security of Decentralized Computing

  21-11-2018 21:05
  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. November 20, 2018 – Lyon, France. Empowered by the unique IBM approach to cloud security, iExec is extending the value of its cloud marketplace by helping enterprises run
  The post IBM Cloud Joins Blockchain Startup iExec to Increase the Security of Decentralized Computing appeared first on CCN
  
  Read more

• Markets Steady After Yesterday’s Plunge, Analyst Says Bitcoin Is Nearing a Buy Zone

  21-11-2018 21:00 via newsbtc.com
  After a day of widespread losses, the cryptocurrency markets appear to have found some stability at their current levels, and one analyst believes that Bitcoin in particular is nearing a buy zone that could prove to be highly lucrative for investors.
  At the time of writing, Bitcoin is trading down 4% over a 24-hour period at its current price of $4,500. Although it is down 5%, it has recovered significantly from its daily lows in the $4,200 region.
  Because Bitcoin has been able to hold above its
  
  Read more

• Hacker lifts $1 million in cryptocurrency using man's phone number - CNBC

  21-11-2018 21:00 via cnbc.com
  CNBC
  Hacker lifts $1 million in cryptocurrency using man's phone number
  CNBC
  Losing cellphone service is inconvenient. But in some cases, it also might mean you're getting hacked. San Francisco resident Robert Ross, a father of two, ...
  Bitcoin beatdown 'victim' jailed for $1M cryptocurrency theftTNW
  Man hacked into Silicon Valley execs' phones to steal cryptocurrency: copsNew York Postall 21 news articles »
  
  Read more

• Thanksgiving Survival Guide: How to Talk to Relatives You Convinced to Buy Crypto Last Year

  21-11-2018 20:53
  For crypto investors, no Thanksgiving is complete without the annual bitcoin pitch. Every year, you deliver your best elevator speech, emphasizing blockchain technology’s ability to disrupt the central banking system and revolutionize data security while your relatives smile with condescension. You’ve done this for three or four years now, making it one of your family’s
  The post Thanksgiving Survival Guide: How to Talk to Relatives You Convinced to Buy Crypto Last Year appeared
  
  Read more

• Chain Open Research, a Deep Analytics Platform for Cryptoassets, Is out in Alpha and Available to All

  21-11-2018 20:03
  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 Chain Open Research, a Deep Analytics Platform for Cryptoassets, Is out in Alpha and Available to All appeared first on CCN
  
  Read more

• Coinbase Chief Policy Officer Calls It Quits, Is Crypto at Risk of Losing Talents?

  21-11-2018 20:00 via newsbtc.com
  The chief policy officer at leading crypto brokerage and exchange platform Coinbase has left his position for one at U.S. venture capital firm Andreessen Horowitz.
  Is Michael Lempres’s move indicative of a wider pilgrimage of talent from the digital asset industry in the wake of the 2018 bear market?
  Will More Crypto Talent Follow Lempres’s Lead?
  According to an article in Bloomberg, Lempres, has decided to leave the position he started in September of this year. He will instead take
  
  Read more

• NBA Legend Kobe Bryant to Speak at Tron’s Crypto Conference

  21-11-2018 19:55
  NBA legend Kobe Bryant has been confirmed for a high profile speaking slot at niTROn 2019, the inaugural international crypto conference organised by Tron. Marketing boon for Tron? Looking forward to having @kobebryant, CEO & President of Kobe Inc and #NBA legend, at our first international conference #niTROn2019!! Excited to exchange insights on entrepreneurship! Join
  The post NBA Legend Kobe Bryant to Speak at Tron’s Crypto Conference appeared first on CCN
  
  Read more

• Another Crypto Firm Went Bust, Giga Watt Bitcoin Miner Files for Bankruptcy

  21-11-2018 19:49
  Giga Watt is not the only big fish in the mining game to have dropped out of the race.
  
  Read more

• Another Crypto Firm Goes Bust – Giga Watt Bitcoin Miner Files for Bankruptcy

  21-11-2018 19:49
  Giga Watt is not the only big fish in the mining game to have dropped out of the race.
  
  Read more

• Cryptocurrency Would Fix Money Transfer Markets If More People Were Familiar With It - Forbes

  21-11-2018 19:43 via forbes.com
  Forbes
  Cryptocurrency Would Fix Money Transfer Markets If More People Were Familiar With It
  Forbes
  Money transfer markets can be a life-or-death matter. Migrants like Ahmed Ali from Somalia have to send money to their family because Somalia doesn't have a functioning government. The money can mean the difference between their family starving or ...
  
  Read more

• Volentix Plans an Incentive Program to Build a Decentralized Community

  21-11-2018 19:19
  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. November 18, 2018– The vast majority of people view the ups and downs of the world of Bitcoin and other so-called cryptocurrencies as terribly risky. Volentix is developing a
  The post Volentix Plans an Incentive Program to Build a Decentralized Community appeared first on CCN
  
  Read more

• TransferWise: We Won’t Use Blockchain until More Banks Use Ripple

  21-11-2018 18:59
  Major money transfer service TransferWise has indicated that in spite of excitement over the growth of Ripple’s global payment solution, it has not seen a compelling case for using blockchain technology to carry out its business — yet. Speaking to Fortune recently, TransferWise chairman and co-founder Taavet Hinrikus stated that while there exists a lot of excitement over
  The post TransferWise: We Won’t Use Blockchain until More Banks Use Ripple appeared first on
  
  Read more

• Kraken CEO Powell on the creative ways hackers can attack bitcoin exchanges

  21-11-2018 18:50
  Kraken CEO Jesse Powell recently appeared on an episode of the What Bitcoin Did podcast with host Peter McCormack to discuss a wide variety of topics related to the crypto asset space. With Powell being the head of one of the most successful, longstanding exchanges in the crypto economy, exchange security was one of the key areas of discussion during the interview.
  Although Kraken is one of the oldest bitcoin exchanges in existence, it has amazingly not been hacked up to this point in time. Whil
  
  Read more

• Bakkt Focusing on Bitcoin Due to Its Liquidity and Classification as a Commodity

  21-11-2018 18:30 via newsbtc.com
  Following the cryptocurrency market’s foray down to fresh yearly lows, investors are becoming increasingly alert to news regarding upcoming institutional-aimed products, including that being offered by Bakkt.
  On the heels of Bakkt’s recent decision to delay their platform’s launch until late-January, 2019, the company released an update on their Twitter account informing the public about why Bitcoin will initially be their primary focus. It noted that its liquidity and classifi
  
  Read more

• Watch: Coinbase UK CEO on Central Bank Cryptocurrencies

  21-11-2018 18:08
  Speaking at last week's London summit Zeeshan Feroz said that cryptocurrencies will force banks to change
  
  Read more

• Nearly 500 Crypto Startups Bank at Silvergate, IPO Filing Reveals

  21-11-2018 18:05
  The California-based operator of Silvergate Bank has detailed its relationships with the cryptocurrency industry as part of its IPO filing with the SEC.
  
  Read more

• Bitcoin Cash: BSV Backer Calvin Ayre Now Wants a Permanent Split

  21-11-2018 17:48
  In a blog post published this week, CoinGeek founder Calvin Ayre made substantial claims as to the nature of the seemingly-permanent split between Bitcoin Cash Satoshi Vision (BSV) and Bitcoin Cash ABC (BCH). His first claim was that the Bitcoin.com mining pool had engaged in “a form of cheating” by diverting all its hash to
  The post Bitcoin Cash: BSV Backer Calvin Ayre Now Wants a Permanent Split appeared first on CCN
  
  Read more

• Circle’s Dollar-Tied Stablecoin Fully Backed, Auditor’s ‘Attestation’ Says

  21-11-2018 17:02
  Circle Internet Financial had $127.5 million at the end of last month, enough to back the total number of USDC stablecoins in circulation.
  
  Read more

• Airdrops reconsidered: free XLM on Blockchain’s Wallet

  21-11-2018 16:41
  Here is a balanced look at Stellar’s airdrop of the XLM token on Blockchain Wallet. Is it a ploy? Is it a generous gift? Is it both at the same time?
  Airdropping is a marketing technique through which an organization aims to expand its community and currency adoption. Handing out free money sounds like a good trick. However, the ethics of airdrops are more complex than they may seem.For a currency to have value, it needs to be used. So dropping it into thousands or millions people’s
  
  Read more

• TrustED Launches Blockchain-Based Platform for Educational Background Checks

  21-11-2018 16:38 via feedproxy.google.com
  
  Australia-based startup TrustED has launched a blockchain-based academic credential verification service. The platform leverages blockchain technology to enable educational institutions and graduates to both store and authenticate grades, credentials, or certificates for employers, simplifying the process of how academic credentials are verified all the while ensuring legitimacy. The platform open beta began on November 15, […]
  The post TrustED Launches Blockchain-Based Platform for Educa
  
  Read more

• Magical Crypto Friends ep. 13: On Bitcoin maximalism, fungibility, and more

  21-11-2018 16:30
  Since its debut, the Magical Crypto Friends show has been about busting scams and promoting the small block philosophy. However, the November 2018 episode (the thirteenth in succession) is surprisingly serious and presents the four Bitcoinists reaching points of disagreement. Also, the amount of time spent slamming ICO platforms or BTC forks is uncharacteristically small, as the focus is mainly on the state of Bitcoin and what should be done for its improvement. This topical shift may be due to
  
  Read more

• Bitcoin Price Crash Not Caused By SEC Actions, Says Blockchain Lawyer

  21-11-2018 16:30
  It’s too early to write off bitcoin, Ethereum or ICOs due to temporary market blips because the technology is revolutionary. And that won’t change — regardless of whether crypto prices go up or down, says blockchain attorney Stephen Palley. Moreover, Palley does not believe that recent regulatory crackdowns by the US Securities and Exchange Commission have affected
  The post Bitcoin Price Crash Not Caused By SEC Actions, Says Blockchain Lawyer appeared first on CCN
  
  Read more

• In First Since 2015, Bitcoin’s Price Is Testing a 200-Week Average

  21-11-2018 16:15
  The pace of bitcoin’s ongoing sell-off is setting new records with every passing day, the latest being its test of a key long-term moving average for the first time in three years. Indeed, the world’s most valuable cryptocurrency network fell below its 200-week exponential moving average (EMA) of $4,180 yesterday, marking the first break of […]
  
  Read more

• Manhattan Rich Kid Steals Cryptocurrency from Silicon Valley Executive

  21-11-2018 16:14
  Nicholas Truglia used sim-swapping to hack into the phones of six people.
  
  Read more

• ‘Crypto Bubble Went Bust for Good’: Bitcoin-Bashing NYU Prof. Nouriel Roubini

  21-11-2018 15:38
  As bitcoin suffers one of its worst corrections in its nearly decade-long history, one of crypto’s fiercest critics is calling it: the crypto bubble has burst, and prices are never coming back. Taking a preemptive victory lap on Twitter, economist Nouriel Roubini gleefully reported that the crypto market’s recent struggles had “vindicated” his multitudinous criticisms
  The post ‘Crypto Bubble Went Bust for Good’: Bitcoin-Bashing NYU Prof. Nouriel Roubini appear
  
  Read more

• What Could Have Caused The Year’s Biggest Crypto Crash?

  21-11-2018 15:00 via newsbtc.com
  Bitcoin is undergoing a bullish correction on Wednesday, recovering as high as 10% since this week’s low at $4,200. Crypto markets are also recovering slightly.
  Nevertheless, the insignificant recovery still does not compensate a whopping $70 billion that has been wiped from the crypto market since last Wednesday. The price of BTC crashed by 25%, bringing itself below $5,000 for the first time since October 2017. Other major cryptocurrencies also fell in unison. Ethereum, whose value
  
  Read more

• Four More ICOs Hit with Cease-and-Desists by Colorado Securities Regulator

  21-11-2018 15:00
  Colorado's securities watchdog has issued four more cease-and-desist orders against suspect ICOs, taking its total since May to 18.
  
  Read more

• Bitcoin Price Rises From $4,050 to $4,560 Amid Extreme Volatility Following Bakkt Delay

  21-11-2018 14:42
  Over the past 12 hours, the price of Bitcoin, which was dangerously close to breaching the $4,000 support level, surged from $4,050 to $4,560 by more than 12 percent. On Coinbase and major fiat-to-crypto exchanges like Bitstamp and Kraken, Bitcoin dropped to as low as $4,030 for a brief period of time and recovered to
  The post Bitcoin Price Rises From $4,050 to $4,560 Amid Extreme Volatility Following Bakkt Delay appeared first on CCN
  
  Read more

• Singapore Sees First Bitcoin Trial: Were Bitcoin Trades Reversed?

  21-11-2018 14:16
  Two cryptocurrency firms - B2C2 and Quione - battle it out over 3,000 bitcoins.
  
  Read more

• Singapore’s First Legal Trial Over Bitcoin Trading Disputes Began Today

  21-11-2018 14:00
  Singapore’s first cryptocurrency trial over questionable trading practices began today as the market maker and liquidity provider B2C2 sues cryptocurrency exchange Quoine. The charge? B2C2 maintains that Quoine wrongfully reversed seven trades in April 2017 that lead to proceeds being deducted without B2C2’s authorization. In the case unraveling in the Singapore International Commercial Court, B2C2 … Continued
  The post Singapore’s First Legal Trial Over Bitcoin Trading D
  
  Read more

• “Crypto King”: Bear Market Aside, Bitcoin (BTC) Still Has Inherent Value

  21-11-2018 14:00 via newsbtc.com
  Again, as Bitcoin fell into Tuesday, with the popular digital asset establishing a new year-to-date low (yet again) at $4,200, proponents of this nascent innovation quickly took to its side.
  Unlike the unexpected appearance of Stephen Palley, a crypto-friendly lawyer at Anderson Kill, on Bloomberg TV, this time, CNBC Fast Money brought on Bart “Crypto King” Smith, an outspoken cryptocurrency advocate and believer.
  Susquehanna’s Bart Smith Speaks On Bitcoin Collapse
  Since BTC be
  
  Read more

• Bitcoin Mining Firm Giga Watt Declares Bankruptcy Owing Millions

  21-11-2018 14:00
  U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors.
  
  Read more

• Nauticus Exchange Opens Deposits, Announces a Month of Airdrops

  21-11-2018 13:10
  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 … Continued
  The post Nauticus Exchange Opens Deposits, Announces a Month of Airdrops appeared first on CCN
  
  Read more

• The Crypto Insurance Market May Total $6 Billion. That’s Nowhere Near Enough

  21-11-2018 13:00
  There is less than $5 billion of global capacity to insure crypto wallets held in custody. Coinbase has secured a significant chunk of that.
  
  Read more

• ICOs Yet to Liquidate All of Their Ethereum, Could Another Drop be Imminent?

  21-11-2018 13:00 via newsbtc.com
  There is still a lot of Ethereum tied up in ICO projects and the fear is that a mass liquidation could send the token back below three figures in price or, even worse, to early 2017 levels.
  ETH Back to The Stone Age?
  Ethereum is already in a world of pain, falling to an 18 month low this week of $126. The colossal dump added to the 11 month long slide represents an epic crash of 91% from its all-time high over just over $1,400 in January.
  The latest selloff has been blamed by some on the SEC rul
  
  Read more

• Crypto Insurance Is Hard to Come By. Unless You’re Coinbase

  21-11-2018 13:00
  There is less than $5 billion of global capacity to insure crypto wallets held in custody. Coinbase has secured a significant chunk of that.
  
  Read more

• Singapore Exchange Reveals Expectations For Listed Companies Conducting ICOs

  21-11-2018 12:42
  The Singapore Exchange has published list of its expectations of listed companies that intend to raise funds using digital token sales. In a post published on its official website on November 15, the exchange revealed that while it is not interested in passing judgement on the commercial benefits of investment value of ICOs and cryptocurrencies, … Continued
  The post Singapore Exchange Reveals Expectations For Listed Companies Conducting ICOs appeared first on CCN
  
  Read more

• $5K Bounce? Bitcoin Price May Have Hit Bottom For Now

  21-11-2018 12:01
  Bitcoin could be in for a stronger recovery rally in the next few days, having found a temporary low near $4,000.
  
  Read more

• Binance Branching Out, Invests $3 Million in US OTC Crypto Trading Platform

  21-11-2018 12:00 via newsbtc.com
  The massive crypto rout this week has not tempered the expansion plans of the world’s largest exchange. Binance recently announced that they were planning to invest into an over the counter trading desk called Koi Trading.
  Building Freedom of Value Exchange Globally
  Binance Labs revealed yesterday that it has made a $3 million investment into OTC trading desk, Koi Trading. According to reports the San Francisco based trading platform also offers assistance with data science, quantitative r
  
  Read more

• Bitcoin Cash Haemorrhages Value, Now More Profitable to Mine Bitcoin

  21-11-2018 11:45
  BitMEX Research finds that Bitcoin Cash Satoshi Vision miners are earning -353 percent.
  
  Read more

Follow @CryptoNewslock on Twitter!