Cryptocurrency news

• Cameroon Separatists Create Cryptocurrency Called AmbaCoin - CCN

  14-12-2018 23:58 via ccn.com
  Cameroon Separatists Create Cryptocurrency Called AmbaCoin  CCNAnglophone separatists in Cameroon have created a new cryptocurrency called "AmbaCoin," an ERC-20 token on the Ethereum platform.
  
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• Cameroon Separatists Create Cryptocurrency Called AmbaCoin

  14-12-2018 23:58
  A separatist government in Cameroon’s semi-autonomous English-speaking southern region of Ambazonia has announced the launch of a new sovereign cryptocurrency called AmbaCoin (AMBA). Operating on the ERC-20 standard, AmbaCoin is being touted as the official currency of the “Federal Republic of Ambazonia,” the currently unrecognised country that separatists are pushing to actualise. QZ Africa reports
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• Romania Detains CEO of Coinflux Crypto Exchange On US Warrant

  14-12-2018 23:21
  Nistor’s arrest is the latest in a series of US operations against crypto criminals in Europe.
  
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• Billion-Dollar Crypto Fund Says 25% of ICOs in its Fund Could be Securities

  14-12-2018 23:15
  In a newsletter to clients sent on Thursday, Pantera Capital CEO Dan Morehead revealed that one in four initial coin offering (ICO) projects the firm has invested in could be considered as securities under U.S. regulations. Morehead wrote: “While we believe the vast majority of the projects in our portfolio should not be affected, approximately
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• Daily Crypto Roundup 12/14/2018

  14-12-2018 23:04
  Today in the crypto space we saw Basis shut down its stablecoin operation, as U.S. government officials warned against bomb threats that demanded bitcoin, and the Civic team gained a former Apple powerhouse. Binance also added another stablecoin, and Tom Lee explained bitcoin’s true price value.
  Here are the details:
  Basis Stablecoin Project Will Shut Down And Return All Funds
  The Basis stablecoin project recently announced closure due to regulatory difficulties.
  Basis reportedly
  
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• Swift v. Ripple: The Looming Fight Over Financial Services

  14-12-2018 23:00 via crypto-news.net
  In recent months Ripple Labs has made significant progress toward its goal of creating a system for efficient, cross-border fiat currency transfers. Although the company is certainly not without its critics, there is no doubt that if successful, its products could revolutionize much of the financial sector. Now, the team behind SWIFT, Ripple’s primary competitor, is responding with an improved system of its own. The looming fight between these two organizations for dominance in this field
  
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• Coinbase Revamps PayPal Withdrawals for US Crypto Users

  14-12-2018 22:40
  Coinbase customers in the U.S. can now make withdrawals into their PayPal accounts.
  
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• Teen Bitcoin Millionaire: “Bitcoin is Pretty Much Dead”

  14-12-2018 22:30 via newsbtc.com
  One of the youngest cryptocurrency success stories has a rather bleak outlook for the leading digital asset, Bitcoin. Erik Finman became a millionaire in his teens by investing money that his grandmother had gifted him, starting as early as 2011.
  At the height of the Bitcoin bull market of 2017, Finman’s stack was worth an impressive $4 million. There is no indication just how much much of this he still holds, however.
  Erik Finman: Bitcoin and Litecoin Dying, Ether, BCH, and Zcash Show Pro
  
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• Bitcoin Price Will Soar over Next Three Years: Circle CEO Jeremy Allaire

  14-12-2018 22:10
  The bitcoin price will rocket over the next three years, and cryptocurrency valuations will spike accordingly, says Jeremy Allaire, the co-founder and CEO of Circle, a peer-to-peer payments technology company backed by Goldman Sachs. While Allaire was reticent to set a specific bitcoin price target, he predicts that its value will unquestionably be a lot higher in
  The post Bitcoin Price Will Soar over Next Three Years: Circle CEO Jeremy Allaire appeared first on CCN
  
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• Robinhood Didn’t Consult Regulators on New Checking & Savings Account Products

  14-12-2018 21:03
  Robinhood, the crypto-friendly stock trading application, recently launched a plan to offer checking and savings accounts. The accounts have a minimum 3% interest. It is part of their plan to become the world’s most used financial technology application. Co-CEO Baiju Bhatt said to CNBC at the time of the announcement: “If we roll this product
  The post Robinhood Didn’t Consult Regulators on New Checking & Savings Account Products appeared first on CCN
  
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• Bakkt and Intercontinental Exchange CEOs Weigh in About Bakkt

  14-12-2018 21:00 via newsbtc.com
  Bakkt CEO, Kelly Loeffler, and the Intercontinental Exchange chairman, Jeff Sprecher, recently spoke to MIT Media Lab’s Michael Casey at CoinDesk’s Consensus: Invest Conference. The chat was broadcast via the “Inside the ICE House” podcast earlier today.
  The two CEO’s talked in depth about their plans for the much-anticipated Bakkt platform, including what makes it different to other products already out there today, and why it will only focus on Bitcoin to begin wi
  
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• Will China Introduce a National Cryptocurrency to Displace Bitcoin’s Dominance? - Bitcoin Exchange Guide

  14-12-2018 20:48 via bitcoinexchangeguide.com
  Will China Introduce a National Cryptocurrency to Displace Bitcoin’s Dominance?  Bitcoin Exchange GuideChina could soon replace Bitcoin (BTC) and other virtual currencies with a national digital asset developed by the People's Bank of China. This is clearly ...
  
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• Bahrain Central Bank Publishes Draft Cryptocurrency Regulations - CCN

  14-12-2018 20:25 via ccn.com
  Bahrain Central Bank Publishes Draft Cryptocurrency Regulations  CCNThe central bank of Bahrain has kicked off a consultative process on cryptocurrency platforms in the kingdom by publishing the relevant draft regulations.
  
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• Bahrain Central Bank Publishes Draft Cryptocurrency Regulations

  14-12-2018 20:25
  The central bank of Bahrain has kicked off a consultative process on cryptocurrency platforms in the kingdom by publishing the relevant draft regulations. According to the Bahrain News Agency, the draft rules — which target the operations of crypto-asset platforms — aim to provide a regulatory framework for the supervision and licensing of these services.
  The post Bahrain Central Bank Publishes Draft Cryptocurrency Regulations appeared first on CCN
  
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• Part 2: Ethereum vs NEO – Which blockchain has better scalability and security?

  14-12-2018 19:43
  Ethereum (ETH) and NEO are among the most dominant decentralized application (dApp) development platforms. In this second part of our comparison of these two blockchain networks, we shall examine in detail the different approaches taken by developers of both Ethereum and NEO to upgrade their respective networks.
  Readers who would first like a broad overview of the key features of both NEO and Ethereum should click here.
  Blockchain Upgrades: Addressing Scalability Issues, Improving Security, Achi
  
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• Binance Adds USDC Trading Pairs – Stellar and Ripple Represented

  14-12-2018 19:40
  Binance announced Friday that it would be adding a few new USD Coin pairs and moving its two existing USDC pairs into the combined stablecoin market called USDⓈ. Both ripple (XRP) and stellar (XLM) will have USD Coin pairs, in addition to their existing stablecoin pairs. The move involves the cancelling of any trades that
  The post Binance Adds USDC Trading Pairs – Stellar and Ripple Represented appeared first on CCN
  
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• Bitcoin Sets Fresh 2018 Low at $3,200, Altcoins Plunge

  14-12-2018 19:30 via newsbtc.com
  Following its recent period of instability, Bitcoin has now plunged to new 2018 lows and has sent the altcoin markets spiraling downwards. Today’s drop has led the overall cryptocurrency market capitalization down to $102 billion, a level not seen since August of 2017.
  At the time of writing, Bitcoin (BTC) is trading down nearly 6% at its current price of $3,230, down from its 24-hour highs of $3,430. Bitcoin’s previous 2018 low was set on December 7th when it fell to just under $3,3
  
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• U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam - Bitcoin News

  14-12-2018 19:03 via news.bitcoin.com
  U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam  Bitcoin NewsCubits, a London-based digital asset trading platform, has been forced into administration after fraudsters stole €29 million (about $32.5 million) from the ...
  
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• Blockchain Encyclopedia Everipedia Unveils Improvements, Expansion Plan

  14-12-2018 19:03 via feedproxy.google.com
  
  Decentralized encyclopedia startup Everipedia is working on improving user experience and expanding its blockchain ecosystem, with a new user interface, more languages to be added to the platform, and new decentralized apps (DApps) under development, the startup said on Thursday. Everipedia launched its blockchain network in August 2018, allowing users to begin staking IQ tokens. […]
  The post Blockchain Encyclopedia Everipedia Unveils Improvements, Expansion Plan appeared first on Coinjou
  
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• This Binance Labs-Backed Crypto Startup Wants to Anonymize Everything

  14-12-2018 19:00
  Built atop a near-forgotten anonymity system named mix networks, Nym Technologies is entering the proof-of-concept phase following a 10-week incubation program with Binance Labs.
  
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• This Binance-Backed Crypto Startup Wants to Anonymize Everything

  14-12-2018 19:00
  Built atop a near-forgotten anonymity system named mix networks, Nym Technologies is entering the proof-of-concept phase following a 10-week incubation program with Binance Labs.
  
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• This Week in Cryptocurrency: December 14, 2018 - CoinCentral

  14-12-2018 18:54 via coincentral.com
  This Week in Cryptocurrency: December 14, 2018  CoinCentralThis week in crypto: U.S. bills start moving, the CFTC looks for teachers, and Dash dines on some Venezuelan chicken. Read it all in our weekly roundup.
  
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• Bitcoin Cash Price Continues to Crater as Fork Aftertaste Lingers

  14-12-2018 18:37
  Around this time last year, many retail crypto investors subscribed to the economic theory that cryptocurrency hard forks — the ones that result in irreversible network splits and create new blockchains — were a net positive for their portfolios. “How could they not be?” they asked. “It’s free money!” Indeed, at that point, the two
  The post Bitcoin Cash Price Continues to Crater as Fork Aftertaste Lingers appeared first on CCN
  
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• eToro Launches #WelcomeToTheClub Premier League UK Campaign

  14-12-2018 18:35
  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 eToro Launches #WelcomeToTheClub Premier League UK Campaign appeared first on CCN
  
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• Facebook's cryptocurrency plans boosted by blockchain hiring spree - The Independent

  14-12-2018 18:23 via independent.co.uk
  Facebook's cryptocurrency plans boosted by blockchain hiring spree  The IndependentFacebook has been recruiting heavily for its secretive blockchain project, suggesting the social network is moving forward with plans to launch its own ...
  
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• Report: Verified Cryptocurrency Users Increased Twofold in 2018 - Bitsonline

  14-12-2018 18:02 via bitsonline.com
  Report: Verified Cryptocurrency Users Increased Twofold in 2018  BitsonlineA new report from the Cambridge Centre for Alternative Finance suggests the number of verified cryptocurrency users increased more than twofold in 2018.
  
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• CoinShares Exec: China Crypto Plan Could Make Dystopian Future a Reality

  14-12-2018 18:00 via newsbtc.com
  Bitcoin was designed in the wake of the 2008 global economic crisis as a way to take control over money away from central authorities such as governments, banks, and other traditional systems. The decentralized design could also prevent communist countries like China from establishing control over their citizen’s money.
  However, the very technology powering crypto may be arming central authorities with even more control over the population and their money, which CoinShares Chief Strategy O
  
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• Highly Centralized Ripple (XRP) a Contagion not a Cryptocurrency – Crypto.IQ | Bitcoin and Investment News from Inside Experts You Can Trust - CryptoIQ

  14-12-2018 17:55 via cryptoiq.co
  Highly Centralized Ripple (XRP) a Contagion not a Cryptocurrency – Crypto.IQ | Bitcoin and Investment News from Inside Experts You Can Trust  CryptoIQThe War On Shitcoins Episode 5: Ripple (XRP). The war on shitcoins is a Crypto.IQ series that targets and shoots down cryptocurrencies that are not worth ...
  
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• Newsflash: Bitcoin Price Slinks Below $3,175 for First Time in 2018

  14-12-2018 17:37
  In what is becoming a disturbingly common occurrence, the bitcoin price on Friday set yet another fresh yearly low, slinking below the $3,200 mark for the first time in 2018. The flagship cryptocurrency’s move below $3,200 came shortly after 16:10 UTC, following an unsuccessful breakout attempt earlier in the week. As of the time of
  The post Newsflash: Bitcoin Price Slinks Below $3,175 for First Time in 2018 appeared first on CCN
  
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• DFINITY to Postpone Internet Computer Launch

  14-12-2018 17:35
  The project is currently assessing the time frame for the completion of the MVP
  
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• BitMart Launches International Blockchain Incubation Platform BitMart Labs

  14-12-2018 17:32
  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 BitMart Launches International Blockchain Incubation Platform BitMart Labs appeared first on CCN
  
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• Binance to Add USDC Trading Pairs

  14-12-2018 17:24
  On December 15, BNB / USDC, BTC / USDC, ETH / USDC, XRP / USDC, EOS / USDC, XLM / USDC and USDC / USDT will appear on the trading floor
  
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• Ethereum Chat Startup Status Lays Off 25% of Staff

  14-12-2018 17:20
  Citing the crypto bear market, Status.IM has laid off 25 staffers and asked remaining employees to take a pay cut.
  
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• Unity 2018.3 to be Now Available

  14-12-2018 17:16
  Unity 2018.3 by default uses the .NET 4.x Scripting Runtime
  
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• Egalitarian cryptocurrency mining: Blockchain technology launches to “bring back fair distribution” - Verdict

  14-12-2018 17:10 via verdict.co.uk
  Egalitarian cryptocurrency mining: Blockchain technology launches to “bring back fair distribution”  VerdictMerkle Tree Proofs, an algorithm that is designed to level the cryptocurrency mining playing field, has been deployed for the first time.
  
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• Markets Update: Bears Continue to Drag Cryptocurrency Prices Down - Bitcoin News

  14-12-2018 17:01 via news.bitcoin.com
  Markets Update: Bears Continue to Drag Cryptocurrency Prices Down  Bitcoin NewsDigital asset prices have been dipping in value again after a few days of price consolidation. At the moment, the entire cryptocurrency economy is awfully At the ...
  
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• Romanian Cryptocurrency Exchange CoinFlux Is In Trouble - Cryptocoin Spy

  14-12-2018 16:59 via cryptocoinspy.com
  Romanian Cryptocurrency Exchange CoinFlux Is In Trouble  Cryptocoin SpyThe CEO, Vlad Nistor, of Romanian cryptocurrency exchange CoinFlux was recently arrested according to local Romanian news outlets several days ago.
  
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• Crypto ICO Price Continues to Fall, Likely Due to Growing Regulatory Pressure

  14-12-2018 16:45 via newsbtc.com
  Blockchain and crypto projects that raised millions of dollars via tokenized crowdfunding means are now lining up to return their capital to their original investors. Because apparently, they were not allowed to raise funds in the first place.
  The Securities and Exchange Commission (SEC) has gone after these startups for reportedly violating existing securities laws. The US regulator found irregularities in the way companies raised funds, mainly by approaching average Joes instead of sophis
  
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• OpenFinance Security Tokens Platform Goes Live in US

  14-12-2018 16:37
  OFN said Ethereum-based BCAP tokens will be among the first assets available to trade at launch.
  
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• Porsche Arranges $170m Loan Using BBVA’s Blockchain Platform

  14-12-2018 16:23
  Prestige car-maker Porsche has arranged a loan to back its proposed strategic acquisitions using Spanish-bank BBVA’s ever-developing distributed ledger technology (DLT) platform. The loan, valued at €150 million (the equivalent of nearly $170 million USD) is, says a press release from BBVA: “The first acquisition term loan ever arranged through blockchain technology.” Acquisition term loans
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• EU Parliament Calls for Action on Blockchain Adoption in Trade

  14-12-2018 16:00
  The European Parliament has called for measures that would prepare the region to use blockchain to benefit trade.
  
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• (+) Ripple Update: Bulls Poised to End Bear Market

  14-12-2018 15:21
  The post (+) Ripple Update: Bulls Poised to End Bear Market appeared first on CCN
  
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• Coinify Completes Acquisition of Crypto Broker BetterCoins

  14-12-2018 15:17
  Customers of BetterCoins will have access to Coinify’s support and more competitive pricing.
  
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• While Several VCs Exit, Binance Expands Crypto Incubator to 5 Regions

  14-12-2018 15:13
  Many venture capital firms have broken deals with companies in the crypto sector over the past several months. Barry Silbert, the founder and CEO of Digital Currency Group, a major cryptocurrency-focused venture capital firm that has invested in large-scale cryptocurrency businesses in the likes of Coinbase, bitFlyer, and Blockchain, has said that amidst falling crypto
  The post While Several VCs Exit, Binance Expands Crypto Incubator to 5 Regions appeared first on CCN
  
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• Crypto-Friendly Money App Revolut Wins EU Banking License

  14-12-2018 15:10
  Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.
  
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• XYO Network Partners With Esri For Blockchain Enabled Geographic Information System

  14-12-2018 15:00
  XYO Network, a blockchain-based geographic information system (GIS) with an Ethereum token and its own blockchain network, announced today a partnership with Esri, one of the world’s oldest and largest GIS systems and mapmakers, a company founded in 1969. The partnership came about when XYO hired a former Esri employee and the partnership became an
  The post XYO Network Partners With Esri For Blockchain Enabled Geographic Information System appeared first on CCN
  
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• Basis stablecoin project will shut down and return all funds

  14-12-2018 15:00
  The Basis stablecoin project must close operations due to regulatory difficulties. Basis received $133 million in funding as a highly anticipated stablecoin venture.
  Closing up shop
  According to yesterday’s report from The Block, intel from one Basis investor stated the presence of a contract indicating how the raised funds would be utilized.
  The contract explained the majority of invested capital had to remain in its original form and untouched until Basis introduced their stabl
  
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• VanEck Crypto Chief: Insurance Needs More Regulation Than Crypto

  14-12-2018 14:06
  Following recent comments by Allianz CEO Andreas Utermann calling for cryptocurrency to be outlawed, VanEck Head of Digital Assets Gabor Gurbacs has stated that the insurance industry is in greater need or comprehensive regulation than cryptocurrency. In a now-deleted post on his Twitter account, Gurbacs made the point that the behaviour of insurance companies toward investors and customers
  The post VanEck Crypto Chief: Insurance Needs More Regulation Than Crypto appeared first on
  
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• VanEck Crypto Chief: Allianz Should ‘Shut the F*** up’ about Bitcoin

  14-12-2018 14:06
  VanEck CEO Gabor Gurbacs has reacted furiously to a pronouncement by Allianz CEO Andreas Utermann calling for cryptocurrency to be outlawed. In a now deleted thread on his Twitter account, Gurbacs called out insurance giant Allianz for its treatment of his mother when she needed to make a claim following a serious car accident. Inferring that
  The post VanEck Crypto Chief: Allianz Should ‘Shut the F*** up’ about Bitcoin appeared first on CCN
  
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• Sephora Shoppers Are Getting Their First Bitcoin Using Crypto Startup Lolli

  14-12-2018 14:00
  Sephora has joined the list of retailers at which shoppers can earn bitcoin rewards via the Lolli app.
  
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