Cryptocurrency news

• Commentary: Of course we shouldn't be surprised by this year's cryptocurrency price bust - Channel NewsAsia

  11-12-2018 23:38 via channelnewsasia.com
  Commentary: Of course we shouldn't be surprised by this year's cryptocurrency price bust  Channel NewsAsiaCryptocurrency coins are like lottery tickets that pay off in a dystopian future where they are used in rogue and failed states but are useless ...
  
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• Bullion Giant APMEX Partners with BitPay to Let Investors Buy Gold with Bitcoin

  11-12-2018 23:21
  Global crypto payment provider BitPay has announced the OneGold precious metals and digital gold marketplace is now accepting Bitcoin and Bitcoin Cash, according to a press release. OneGold — founded by APMEX, a leading precious metals retailer, and Sprott, an alternative asset manager — is focused on giving investors the ability to combine the “key
  The post Bullion Giant APMEX Partners with BitPay to Let Investors Buy Gold with Bitcoin appeared first on CCN
  
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• Samsung Denies Rumors of Adding Crypto Wallets to Galaxy S10

  11-12-2018 23:17
  For now, Samsung is providing little detail about its crypto ambitions, though it is already engaged in mining business.
  
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• Bitcoin moves lower as retail investors increase their bets against the cryptocurrency - MarketWatch

  11-12-2018 23:02 via marketwatch.com
  Bitcoin moves lower as retail investors increase their bets against the cryptocurrency  MarketWatchBitcoin is trading lower on Tuesday, extending Monday's losses and taking the No. 1 digital currency towards a *fresh* multimonth low.
  
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• Vermont Government Forms Working Group to Explore Blockchain Technology

  11-12-2018 22:45
  The second-smallest state in the United States by population has formed a working group consisting of state agencies with a view toward studying blockchain technology. This was announced by Vermont’s attorney general, T.J. Donovan, who disclosed that the blockchain working group would commence work next year in January. The working group — which will seek
  The post Vermont Government Forms Working Group to Explore Blockchain Technology appeared first on CCN
  
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• UNICEF Adds Six Blockchain Startups From Developing Nations to its Innovation Fund

  11-12-2018 22:30 via newsbtc.com
  International children’s charity UNICEF has announced that it will formally support a total of six new blockchain startups through the UNICEF Innovation Fund. As part of the programme, the firms will each receive a share of $100,000 in funding.
  Most of the blockchain startups selected for membership in the fund are from a different developing nation. The ideas incubated in them will hopefully go on to increase efficiency and transparency in a variety of industries across the globe in those
  
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• State Farm is Testing Blockchain to Expedite Auto Insurance Claims

  11-12-2018 22:05
  Insurance is one of the golden geese of the blockchain, an industry with so much paperwork, sensitive data, and manual processes that it almost seems obvious that it will eventually adopt blockchain technology to streamline its claims processes, data storage, and even — eventually — its payments. State Farm is among the first notable insurance
  The post State Farm is Testing Blockchain to Expedite Auto Insurance Claims appeared first on CCN
  
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• Gemini Launches New Mobile App for Crypto Traders

  11-12-2018 22:05
  Gemini has launched a mobile app with full functionality, allowing customers to buy, sell and transfer funds, among other features.
  
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• Daily Crypto Roundup 12/11/2018

  11-12-2018 22:00
  In today’s news, the bear market appears to have taken a toll on bitcoin miners as crypto may struggle to break out of the current negative trend in days ahead. Crypto participants expressed hesitation for a bitcoin ETF, and PayPal also launched blockchain incorporation.
  Here are the details:
  Bear Market Weighs On Bitcoin Miners
  The current crypto bear market has been difficult for virtually everyone. Traders and investors are often the first to come to mind. However, bitcoin miners h
  
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• Crypto Exchange Coss Boosts XRP, Adds Second Largest Cryptocurrency As a Base Pair - The Daily Hodl

  11-12-2018 22:00 via dailyhodl.com
  Crypto Exchange Coss Boosts XRP, Adds Second Largest Cryptocurrency As a Base Pair  The Daily HodlCryptocurrency exchange Coss.io just gave XRP a big boost, listing the digital asset as a base pair. The Singapore-based exchange has paired XRP with ...
  
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• ‘Revolutions Don’t Happen Overnight’: Why Mike Novogratz isn’t Giving up on Bitcoin

  11-12-2018 21:04
  Bitcoin bull Mike Novogratz — the CEO of cryptocurrency merchant bank Galaxy Digital — is unfazed by the recent bear market, saying bitcoin is “digital gold” that will survive and thrive over the long haul. Novogratz admitted that he lost money during the 2018 slump due to bad market calls, but that doesn’t dampen his long-term
  The post ‘Revolutions Don’t Happen Overnight’: Why Mike Novogratz isn’t Giving up on Bitcoin appeared first on
  
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• Bitcoin Moves Lower as Short Positions Continue to Stack Up

  11-12-2018 21:00 via newsbtc.com
  Bitcoin’s current instability is shaking investors’ confidence in a potential relief rally, as the short positions against Bitcoin are climbing as long positions continue to drop. Bitcoin moved slightly lower on Tuesday morning, leading the majority of altcoins to also drop.
  Currently, the overall cryptocurrency market is sitting at just over $107 billion, and one more major drop led by Bitcoin will likely bring it down to below the important psychological level of $100 billion, whic
  
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• Predicoin Launches New Platform for Crypto Sentiment Analytics

  11-12-2018 20:48
  The platform uses AI to pull in data from social media to aid with trend detection and sentiment analysis.
  
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• Crypto Firm Fragments Launches Stablecoin Following ‘Ampleforth’ Rebrand

  11-12-2018 20:44
  Fragments protocol, an effort at stabilizing the buying power of cryptocurrency, has rebranded itself to Ampleforth as of today, renaming the crypto project after the “1984” character whose job is to translate poetry into Newspeak. Ampleforth aims to preserve the unit of account and money properties of its tokens. Instead of pegging to a fixed
  The post Crypto Firm Fragments Launches Stablecoin Following ‘Ampleforth’ Rebrand appeared first on CCN
  
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• The CFTC Wants to Learn More About Ethereum

  11-12-2018 20:35
  The CFTC has published a request for input to learn more about ethereum and its underlying blockchain network.
  
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• Bringing Blockchain Banking to the Masses: WORBLI has Begun its 1,000,000,000 Token ShareDrop Event

  11-12-2018 20:33
  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 Bringing Blockchain Banking to the Masses: WORBLI has Begun its 1,000,000,000 Token ShareDrop Event appeared first on CCN
  
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• UK Cryptocurrency Exchange CEX.IO Says No to Anonymity

  11-12-2018 20:13
  The firm wants to comply with the EU's Fifth Anti-Money Laundering Directive.
  
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• UK Crypto Exchange CEX.IO Updates KYC – No More Anonymous Transactions

  11-12-2018 20:13
  The firm wants to comply with the EU's fifth Anti-Money Laundering Directive.
  
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• Breaking: Kraken Preparing a Private Listing at $4B Valuation

  11-12-2018 20:01
  Kraken’s team has sent out emails to select high-value clients asking them for input
  
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• Still the King: Bitcoin Dominance Hits 3-Month High as Crypto Market Limps Toward 2019

  11-12-2018 19:55
  Bitcoin’s share of total cryptocurrency market capitalisation is at its highest point in three months, currently standing at about 55.14 percent according to data from CoinMarketCap. Bitcoin Dominance Surges amid Crypto Price Panic The next four high volume cryptocurrencies in order of market volume are XRP with 11.14 percent, ethereum with 8.55 percent, bitcoin cash
  The post Still the King: Bitcoin Dominance Hits 3-Month High as Crypto Market Limps Toward 2019 appeared first on CCN
  
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• C-Suite Departure: Coinbase’s Chief Product Officer Has Left the Startup

  11-12-2018 19:45
  Coinbase's chief product officer, Jeremy Henrickson, left the crypto exchange in early November after more than two years of scaling the company's tech team.
  
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• Convicted Fraudster Dons Disguise, Opens Blockchain Firm

  11-12-2018 19:31
  Boaz Manor, AKA Shaun MacDonald, spent four years in Canadian jail.
  
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• 5 Ways Blockchain Will Transform the Gaming Industry

  11-12-2018 18:42 via feedproxy.google.com
  
  In the last decade, we have seen the gaming industry being rapidly transformed by the introduction of new technologies which allow for immersive experiences, such as AI, VR, and AR. However, one of the latest of these emerging technologies — blockchain — is set to redefine the future of gaming by turning what has been […]
  The post 5 Ways Blockchain Will Transform the Gaming Industry appeared first on Coinjournal.
  
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• ICO Death March? November Inflows Fall to $65M From Yearly High of $2.6 Billion

  11-12-2018 18:39
  The latest statistics on initial coin offerings suggest that the best days of the fundraising mechanism may have long passed. According to digital assets newsletter Diar, the month of November recorded the lowest inflows into initial coin offerings (ICOs) in 2018. With US$65 million raised last month, this was in sharp contrast to this year’s
  The post ICO Death March? November Inflows Fall to $65M From Yearly High of $2.6 Billion appeared first on CCN
  
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• The Gibraltar Blockchain Exchange Announces Insurance Coverage for Crypto Assets

  11-12-2018 18:37 via feedproxy.google.com
  
  The Gibraltar Blockchain Exchange (GBX) has announced an insurance coverage policy that ensures that assets listed on the GBX Digital Asset Exchange can be insured. The policy, in association with Gibraltar-based firm Callaghan Insurance, marks an important step for the company in attracting users who require strict assurances around the security of their assets, according to Nick Cowan, CEO […]
  The post The Gibraltar Blockchain Exchange Announces Insurance Coverage fo
  
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• Is Bitcoin Heading for $3,000? Potential Factors for a Market Recovery

  11-12-2018 18:30 via newsbtc.com
  After watching the price of Bitcoin going through its roughest month for seven whole years, many in the space appear to be bracing themselves for a more brutal “crypto winter” than they ever thought possible. One market analyst believes that we could be about to drop further to a new yearly low of $3,000.
  That said, there has been very little in the way of negative news surrounding the number one digital asset. In fact, Bitcoin’s surrounding infrastructure has never looked bett
  
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• FOTA.com Officially Online- Professional Crypto Derivatives Exchange/Clearing Services by Wall St./Chicago’s Directors & Seniors

  11-12-2018 18:16
  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 FOTA.com Officially Online- Professional Crypto Derivatives Exchange/Clearing Services by Wall St./Chicago’sDirectors &
  
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• Gemini Launches Mobile App, Says Crypto Is Here to Stay

  11-12-2018 18:00 via newsbtc.com
  The Winklevoss twins-owned Gemini crypto exchange is using the current bear market to “build,” and has launched its official mobile app for iOS and Android smartphones.
  While a battle rages between Coinbase and Jack Dorsey’s Square Cash app for the top spot on the Apple App Store for iOS, a new contender has thrown their name in the ring. Gemini, the cryptocurrency trading platform led by Cameron and Tyler Winklevoss, has launched an official mobile app for iOS and Android devi
  
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• NYDFS Hastens Response to BitLicense Applications

  11-12-2018 17:46
  According to data obtained from the source – the New York Department of Financial Services itself – the financial regulator has only responded to 9 of 36 BitLicense applications submitted since 2015. Five have been denied, four have been approved, the rest are still going through the process. Fortune writer Robert Hackett became interested in
  The post NYDFS Hastens Response to BitLicense Applications appeared first on CCN
  
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• ConsenSys ‘Town Hall’ Shows Staff Shaken at Ethereum’s Largest Startup

  11-12-2018 17:35
  Chat logs obtained from a ConsenSys town hall last week reveal a mix of shock and support following the company's announced layoffs.
  
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• This Privacy-Focused Interoperable Blockchain Bridges Ethereum and Bitcoin

  11-12-2018 17:16
  “Wanchain is a separate, independent, public chain,” CEO Jack Lu says on a recent December morning. He explains that it is essentially a fork of Ethereum which integrated a lot of privacy-focused changes and primarily focuses on cross-chain compatibility. Wanchain wants to be the bridge between blockchains, allowing multi-crypto transaction execution in a private manner.
  The post This Privacy-Focused Interoperable Blockchain Bridges Ethereum and Bitcoin appeared first on CCN
  
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• Interview: Nitin Gaur (IBM Blockchain Labs) on IBM’s blockchain business

  11-12-2018 17:00
  IBM is a bright spot among fortune 500 companies with a vision for using blockchain to solve critical business challenges. Building on a history of deep experience in the transaction business, IBM is working today to take blockchain tech to the mainstream and find innovative ways to build on these trustless systems.Nitin Gaur, Director of IBM Blockchain Labs, joined Crypto Insider for a chat about what IBM is doing with blockchain, how artificial intelligence can be utilized in this space, and t
  
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• Coinone Exchange Launches Cross-Border Payments App With Ripple Tech

  11-12-2018 17:00
  South Korean crypto exchange Coinone has launched Cross, an app providing cross-border remittances using Ripple's xCurrent product.
  
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• (+) If Bitcoin ETF Doesn’t Happen by February, How Will it Affect the Market?

  11-12-2018 16:30
  The post (+) If Bitcoin ETF Doesn’t Happen by February, How Will it Affect the Market? appeared first on CCN
  
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• Market Cap of Crypto Tokens Fall Under $100M, Struggling to be Relevant

  11-12-2018 16:23
  The market valuation of ERC20 tokens and low volume crypto have started to fall below the $100 million mark amidst an intense market sell-off and increasing regulatory pressure from the U.S. Securities and Exchange Commission (SEC). VeChain, Bytecoin, Bitcoin Diamond, ICON, and Qtum have fallen the most against the U.S. dollar in the past 12
  The post Market Cap of Crypto Tokens Fall Under $100M, Struggling to be Relevant appeared first on CCN
  
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• Crypto.com Nets Ex-PayPal Exec to Increase Merchant Cryptocurrency Adoption - Cointelegraph

  11-12-2018 16:09 via cointelegraph.com
  Crypto.com Nets Ex-PayPal Exec to Increase Merchant Cryptocurrency Adoption  CointelegraphFledgling merchant network Crypto.com wants to expand the scope of its offerings using ex-PayPal exec Tyson Hackwood's expertise.
  
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• Panic Mode? What a Wall Street Chart Tells Us About Bitcoin’s Price

  11-12-2018 16:00
  Hope, euphoria or panic? What the “Wall Street Cheat Sheet” can tell us about the current state of the bitcoin market.
  
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• 'We'll Be Right Back!' - Signs Point to Exit Scam For Cryptocurrency Platform Cubits - Bitcoinist

  11-12-2018 15:55 via bitcoinist.com
  'We'll Be Right Back!' - Signs Point to Exit Scam For Cryptocurrency Platform Cubits  BitcoinistUsers are venting frustration at UK-based cryptocurrency wallet and exchange Cubits after the *service* went offline following alleged payment delays. Users are ...
  
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• When will the crypto bear market end?

  11-12-2018 15:50
  Over the past several months there has been no shortage of timeline speculation regarding the current cryptocurrency bear market. Venture capitalist Albert Wegner recently wrote a few interesting thoughts on the situation.
  Stuck in a bear market trend
  Bitcoin sits at a price of $3,450 according to Blockmodo data at the time of writing. Crypto’s largest asset has struggled to break out of its bearish trend for most of 2018, with no definitive end in sight. Negativit
  
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• Bitcoin Friendly Square Tops iOS Store: Can Coinbase Reclaim Its Throne?

  11-12-2018 15:10 via newsbtc.com
  Although Coinbase is lauded for its ability to innovate, even in stormy market conditions, there has been growing sentiment that the prominent platform has begun to stumble, falling victim to the dissipation of crypto’s active retail investor scene. Yet, Coinbase has made in glaringly apparent that it intends to thrive amid Bitcoin’s (BTC) distraught state.
  Coinbase Launches “12 Days Of [Christmas]” Crypto Initiative
  Although the crypto market has sustained heavy los
  
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• Bear market weighs on Bitcoin miners

  11-12-2018 14:49
  The Bitcoin rout has claimed many victims, from everyday investors to medium-sized miners, but now, even some of the industry’s biggest names are being forced to face the music.
  Bitmain Cuts The Fat
  Bitmain, which has cautiously been working to gather its strength in recent months for an IPO push, has recently announced that it will be closing the doors of its Israeli development center.
  “The crypto market has undergone a shake-up in the past few months, which has forced Bitmain to e
  
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• Bitcoin Over Sold

  11-12-2018 14:45
  A key long-term bitcoin (BTC) price indicator is reporting oversold conditions for the first time in almost four years.The widely followed 14-week relative strength index (RSI), which oscillates between zero to 100, is currently seen at 29.80 – a level last seen in January 2015.An asset or a cryptocurrency is considered to be oversold if the RSI is holding below 30.00. On the other hand, an above-70 reading indicates overbought conditions.Essentially, the under-30 reading on the 14-week RS
  
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• Bitcoin Mining Industry ‘Under Considerable Stress,’ 1.3 Million Devices Switched Off

  11-12-2018 14:45
  For much of the year, the bitcoin mining industry appeared to be impervious to the crypto market downturn, as the flagship cryptocurrency’s hash rate continued to climb even as the BTC price halved — and then halved again. In recent weeks, however, cracks have begun to form in this sector as well. Bitcoin Hash Rate
  The post Bitcoin Mining Industry ‘Under Considerable Stress,’ 1.3 Million Devices Switched Off appeared first on CCN
  
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• Travis Kling: I’m “Incredibly Highly Convinced” That Crypto Will Succeed

  11-12-2018 14:18 via newsbtc.com
  Amid the peak of crypto’s 2017 rally, Travis Kling, a portfolio manager at Steven A. Cohen’s Point72 Asset Management, jumped ship from his institutional tenure, subsequently downing the red pill that is Bitcoin. And while Bitcoin (BTC) has sold-off massively since his initial foray, Kling has maintained that he sees long-term potential in cryptocurrency and technologies pertaining to this budding asset class.
  Ikigai Bullish On Crypto For The Long H
  
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• Travis Kling: I’m “Incredibly Highly Convicted” That Crypto Will Succeed

  11-12-2018 14:18 via newsbtc.com
  Amid the peak of crypto’s 2017 rally, Travis Kling, a portfolio manager at Steven A. Cohen’s Point72 Asset Management, jumped ship from his institutional tenure, subsequently downing the red pill that is Bitcoin. And while Bitcoin (BTC) has sold-off massively since his initial foray, Kling has maintained that he sees long-term potential in cryptocurrency and technologies pertaining to this budding asset class.
  Ikigai Bullish On Crypto For The Long H
  
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• Blockchain-Friendly UK Lawmaker Calls for Crypto Tax Payments

  11-12-2018 14:01
  British politician Eddie Hughes has proposed allowing local taxes and bills to be paid with cryptocurrencies.
  
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• $1 Billion Dollar’s Worth of Cryptocurrency Stolen in 2018 - CCN

  11-12-2018 13:40 via ccn.com
  $1 Billion Dollar’s Worth of Cryptocurrency Stolen in 2018  CCNAccording to the Q3 Cryptocurrency Anti-Money Laundering report by CipherTrace, in 2018 at least $1 billion of crypto has been stolen in crypto thefts.
  
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• $1 Billion Dollar’s Worth of Cryptocurrency Stolen in 2018

  11-12-2018 13:40
  According to cryptocurrency intelligence firm CipherTrace’s Q3 Cryptocurrency Anti-Money Laundering report, as of quarter-three, 2018, cryptocurrency thefts had already reached $927 million. The blockchain cybersecurity professionals identified theft and hacks at platform layers and exchanges to be a major problem, evolving further from its Q2 findings. In the CipherTrace second-quarter report, the company identified that
  The post $1 Billion Dollar’s Worth of Cryptocurrency Stolen in
  
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• Layoffs become the latest thing in cryptocurrency - Financial News

  11-12-2018 13:38 via fnlondon.com
  Layoffs become the latest thing in cryptocurrency  Financial NewsYoung market's selloff drives cuts; ConsenSys, a blockchain venture firm, to trim 13% of staff.
  
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• 2018's worst cryptocurrency scams, cyberattacks (in pictures) - ZDNet

  11-12-2018 13:00 via zdnet.com
  2018's worst cryptocurrency scams, cyberattacks (in pictures)  ZDNetEverything from ICO scams to 51 percent attacks has plagued the cryptocurrency space over the course of this year.
  
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