Cryptocurrency news

• Wall Street’s about to Bid Farewell to One of its Biggest Bitcoin Bulls

  05-02-2019 23:50
  Serial investor and bitcoin advocate Bill Gross has announced his immediate retirement from active bond investment to manage his own funds. Gross who was dubbed the  “bond king” for his role in active bond-trading almost 50 years ago, achieved fame and notoriety in equal measure for his investment advice to pick bitcoin over central banks. Bill Gross Defended Bitcoin in 2016 Describing central banks as a “casino” in a 2016 investment letter for the Janus Henderson Gl
  
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• The Mystery Around QuadrigaCX Continues As Questions About Its Co-Founder Arise

  05-02-2019 23:40 via crypto-news.net
  Questions surrounding the failure of QuadrigaCX continue to grow as more speculation of foul play emerges. The exchange, Canada’s largest, recently shut down after the death of its CEO, taking with it an estimated USD $190 million worth of customer’s crypto deposits. Now, amid rumors of fraud by the exchange’s operators, claims are emerging that one of its founders is a felon, previously convicted of credit card fraud and identity theft.
  As previously reported by Crypto-News, a
  
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• Canada: Blockchain Association Merges with Chamber of Digital Commerce

  05-02-2019 23:33 via cointelegraph.com
  Two major Canadian blockchain trade organizations have mergedto become the Chamber of Digital Commerce Canada
  
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• Analyst: Bitcoin (BTC) May be Gearing up for a Large Price Move as Volatility Plunges

  05-02-2019 23:00 via newsbtc.com
  Ever since Bitcoin (BTC) dropped below its previous support level of $3,550 last week, the cryptocurrency has been experiencing a bout of sideways trading at its current price levels. Bitcoin’s recent price action seems to confirm $3,500 as a new level of resistance, but it has also established $3,400 as a level of support that has held over the past couple of weeks.
  Although Bitcoin has been trading flat recently, multiple analysts expect it to see a large price swing in the near future,
  
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• Users of Crypto Wallets Electrum and MyEtherWallet Face Phishing Attacks

  05-02-2019 22:56 via cointelegraph.com
  Scammers are purportedly targeting users of cryptocurrency wallets Electrum and MyEtherWallet
  
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• 5 Suspicious Factors about Bitcoin Exchange QuadrigaCX and its $150m in Missing Crypto

  05-02-2019 22:54
  Bloomberg just reported that QuadrigaCX CEO and founder Gerald Cotten legally changed his will just 12 days before his death on December 9. This fact is just the latest in a string of interesting elements regarding the Canadian Bitcoin exchange’s sudden closure and supposed $150 million in missing crypto funds. Here is a run-down of what we know — and don’t know — so far. 1. Rumors that Co-Founder Michael Patryn Might Be Convicted Identity Thief Omar Dhanani For over a ye
  
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• Canadian cryptocurrency exchange QuadrigaCX granted creditor protection | Watch News Videos Online - Globalnews.ca

  05-02-2019 22:45
  Canadian cryptocurrency exchange QuadrigaCX granted creditor protection | Watch News Videos Online  Globalnews.caA cloud of mystery is hanging over Canadian cryptocurrency trader QuadrigaCX. It comes after QuadrigaCX CEO Gerald Cotten died, and as Ross Lord reports, ...
  
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• Liechtenstein-Based Crypto Fund Manager Receives Backing from Dubai Royal

  05-02-2019 22:40 via cointelegraph.com
  Dubai royal Sheikh Ahmed bin Al Maktoum will help Liechtenstein-based crypto fund manager Invao secure investors in the UAE
  
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• Why Edward Snowden Likes Zcash Despite the Controversial Founders’ Reward

  05-02-2019 22:00 via newsbtc.com
  Unlike many fans of cryptocurrency, Edward Snowden has no problem with the Zcash founders’ reward. The former CIA employee-turned whistle-blower Tweeted his support for the anonymity-focused digital asset earlier today.
  For Snowden, the founders’ reward incentivises and funds the team behind the privacy coin to address issues with the project, such as that identified and patched by them recently. However, other cryptocurrency community members pointed out that teams working on coins
  
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• LedgerX Unveils Betting Market for 2020’s Bitcoin Block Reward Halving

  05-02-2019 22:00
  The bitcoin block reward will be cut in half next year – and soon, market watchers can place bets on exactly when the subsidy halving will happen.
  
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• Leading Cryptocurrency Platform Completes Over $630M In Crypto Loans In Six Months - Forbes

  05-02-2019 22:00
  Leading Cryptocurrency Platform Completes Over $630M In Crypto Loans In Six Months  ForbesCelsius Network, an industry-leading cryptocurrency lending and borrowing platform founded by an inventor of VOIP, originated over $630 million in crypto loans ...
  
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• Binance-owned TrustWallet joins FIO to simplify wallet usage

  05-02-2019 21:59
  According to recent developments, TrustWallet has jumped on board the Foundation for Interwallet Operability (FIO) to simplify cryptocurrency wallet usage.
  Details
  A recent CoinDesk report revealed the Dapix-led FIO includes big-name players such as the ShapeShift exchange and MyCrypto wallet. The group looks to homogenize crypto wallets and further adoption.Say hello to the rest of the group: @ShapeShift_io @cryptokeepkey @BRDHQ @EdgeWallet @MyCrypto @MyceliumCom @CoinomiWallet!
  — FIO (@j
  
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• Crypto Exchange Kraken Secures Blockbuster $4 Billion Valuation After $100m Mega Deal

  05-02-2019 21:10
  Following the completion of the largest deal in the cryptocurrency sector year-to-date, major U.S. and Europe-based crypto exchange Kraken is set to raise a funding round valuing the company at $4 billion. On February 4, as CCN reported, Kraken acquired Crypto Facilities for over $100 million, becoming a regulated futures and index products operator in Europe. $4 Billion: Kraken is a Top Three Crypto Exchange In an official statement, the Kraken team revealed that the company, which serves more
  
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• Zcash Team Reveals It Fixed a Catastrophic Coin Counterfeiting Bug

  05-02-2019 21:06
  The company behind the privacy-minded cryptocurrency zcash said Tuesday that it moved last year to fix a catastrophic bug that could have been used to print infinite coins.
  
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• Data Shows Ethereum is the 'Cryptocurrency of Choice for Scams' - Bitcoin News

  05-02-2019 21:01
  Data Shows Ethereum is the 'Cryptocurrency of Choice for Scams'  Bitcoin NewsSince the very early days, back when people learned how to create new cryptocurrencies or quickly build infrastructure models like digital asset trading Fraud in ...
  
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• Strong Fundamentals: Bitcoin Daily Transactions Return to Bull Run Levels

  05-02-2019 21:00 via newsbtc.com
  During the 2017 Bitcoin bull run and meteoric rise to its all-time high price of $20,000, hype and irrational exuberance created a bubble effect, that later popped and led to a the longest bear market on record.
  The resulting aftermath of the bubble effect has brought Bitcoin to new lows and the market into a state of depression and anger, with many claiming that crypto is dead, and have little to no use case driving its value. However, an argument can be made that Bitcoin is now fundamentally s
  
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• Ben Askren Cuts a Promo for Cryptocurrency Litecoin Ahead of UFC Debut - Sherdog.com

  05-02-2019 20:58
  Ben Askren Cuts a Promo for Cryptocurrency Litecoin Ahead of UFC Debut  Sherdog.comBen Askren cut a promo to fight just about everyone on the UFC roster before his matchup with Robbie Lawler at UFC 235 was announced.
  
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• Zcash Vulnerability Permitting Infinite ZEC Counterfeiting Fixed and Disclosed

  05-02-2019 20:28 via cointelegraph.com
  The company behind Zcash patched and disclosed a vulnerability that could have permitted an attacker to coin infinite ZEC
  
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• Shut up, Nocoiner: Why We Don’t Need to ‘Burn Bitcoin with Fire’

  05-02-2019 20:06
  Over nine months ago, the Berkeley International Computer Science Institute streamed Nicholas Weaver’s talk entitled “Blockchains and Cryptocurrencies: Burn it With Fire.” This week, he summarized the argument at the Enigma security conference. Ars Technica decided to cover the Bitcoin-bashing talk. Nicholas Weaver: Most People Have Had Their Hot Wallets Stolen A nocoiner of the highest order, there is nothing about blockchain or cryptocurrencies that Nicholas Weaver likes. Acc
  
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• Why Google Data Scientists Are Interested in Ethereum Classic

  05-02-2019 20:00
  Google just added BigQuery support for Ethereum Classic because startups are investing in use cases.
  
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• Bitcoin Price Analysis: BTC Ranging, Blockstream Quick Fix

  05-02-2019 20:00 via newsbtc.com
  Bitcoin Prices are steady but could rally above $3,600 in days ahead
  Blockstream’s Proof of Reserves could solve the exchange’s perennial problems
  Transaction volumes below averageIt may be an exit scam or a tragedy, but the bottom line is that QuadrigaCX users stand to lose $190 million. It is unbearable, but that is the reality. All the same, deliberations are in progress. In the meantime, BTC bulls are rejecting lower lows and could print above $3,600 and $3,800 by close of the w
  
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• Blockchain Lending Firm Dharma Raises $7 Million From Coinbase Ventures, Others

  05-02-2019 19:59 via cointelegraph.com
  Blockchain-based lending firm Dharma Labs has raised $7 million from big investors including Coinbase Ventures
  
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• Tesla Cheats with New Battery Supplier, Panasonic Forecast Plunges

  05-02-2019 19:27
  Panasonic wasted no time lowering its guidance after its bread-and-butter customer, Tesla, announced it was buying another battery supplier to power its electric vehicles. The lucky company Tesla chose to replace Japan-based Panasonic is California-based Maxwell Technologies. On the news, Panasonic lowered its profit expectations by 9%. The possible loss of Tesla isn’t the only culprit that led to the lowered guidance. The struggling tech player revealed it was also being hurt by weak dema
  
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• Techstars and Alchemist Announce Inaugural Class of Their Joint Blockchain Accelerator Program

  05-02-2019 19:19 via feedproxy.google.com
  
  The post Techstars and Alchemist Announce Inaugural Class of Their Joint Blockchain Accelerator Program appeared first on Coinjournal.
  
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• Backdoored cryptocurrency software found serving AZORult malware - ZDNet

  05-02-2019 19:17
  Backdoored cryptocurrency software found serving AZORult malware  ZDNetWindows client for Denarius cryptocurrency found compromised, but clues suggest the same hackers also backdoored many more other cryptocurrency software ...
  
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• One of the World’s Wealthiest Royals Invests in Liechtenstein-based Crypto Fund

  05-02-2019 19:12 via newsbtc.com
  Saeed Group, a Dubai firm led by a royal family member and Emirates Group Chairman Sheikh Ahmed bin Saeed Al Maktoum, is backing a Liechtenstein-based crypto fund.
  Dubbed as Invao, the fund invests in blockchain and cryptocurrency startups. Saeed Group said in a press release that its parent company, The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, would assist Invao to attract more investors in the UAE region. In return, Gulf investors would be able to explore opportunities in
  
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• Ripple Price Analysis: XRP Stand to Benefit From ASEAN Adoption Drive

  05-02-2019 19:00 via newsbtc.com
  Ripple price bullish, candlestick formation favor buyers
  Targets at developing countries and China mean Ripple is better placed to clip SWIFT’s dominance
  Transaction volumes low. Volumes above 49 million will confirm underlying XRP demandSellers may be pressing hard, but XRP bulls are technically in control. Before we recommend longs, XRP prices must first race above 34 cents confirming bulls of Jan 30 and those of late Dec 2018. With supportive fundamentals, this trade plan is valid and
  
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• Winklevoss Exchange Gemini Shuts Down Accounts Over Stablecoin Redemptions

  05-02-2019 18:45
  OTC traders tell CoinDesk that crypto exchange Gemini is limiting access to redemptions of its GUSD stablecoin.
  
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• Notorious Bitcoin Exchange QuadrigaCX May be Sold to Compensate Crypto Victims for $150m Loss

  05-02-2019 18:35
  When QuadrigaCX announced last month that CEO Gerald Cotten had suddenly died and roughly $150 million in cryptocurrency ($180 million Canadian) was inaccessible as a result, the crypto world went nuts. According to a CBC report today, the notorious Bitcoin exchange may be sold to compensate victims. Additionally, Cotten’s encrypted laptop will be handed over to lawyers for the exchange’s creditors and “eventually given to a court-appointed monitor.” Canada’s Bigges
  
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• Notorious Bitcoin Exchange QuadrigaCX May be Sold to Compensate Crypto Investors for $150m Loss

  05-02-2019 18:35
  When QuadrigaCX announced last month that CEO Gerald Cotten had suddenly died and roughly $150 million in cryptocurrency ($180 million Canadian) was inaccessible as a result, the crypto world went nuts. According to a CBC report today, the notorious Bitcoin exchange may be sold to compensate victims. Additionally, Cotten’s encrypted laptop will be handed over to lawyers for the exchange’s creditors and “eventually given to a court-appointed monitor.” Canada’s Bigges
  
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• Ripple partner SBI Holdings’ cryptocurrency exchange, VC Trade launch date announced - AMBCrypto News

  05-02-2019 18:30
  Ripple partner SBI Holdings’ cryptocurrency exchange, VC Trade launch date announced  AMBCrypto NewsJapan's giant, SBI Holding has recently announced that their cryptocurrency exchange, VC Trade, will be open for trading virtual currencies in March 2019.
  
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• Bold Call: Mohamed El-Erian Predicts Federal Reserve Will Reverse Course, Cut Interest Rates in 2020

  05-02-2019 18:18
  The Federal Reserve won’t raise interest rates in 2019 and will probably cut them in 2020 ― after raising them a stunning four times in 2018. That what Mohamed El-Erian, the chief economic adviser at German mega-bank Allianz, predicts. “I suspect they will do nothing this year, and next year will likely loosen,” El-Erian told CNBC on February 5. Jerome Powell Projected Two Rate Hikes In 2019 This contradicts the projection of Federal Reserve chairman Jerome Powe
  
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• Samsung Galaxy S10 may come with a cryptocurrency wallet, but what does this even mean? - Phone Arena

  05-02-2019 18:15
  Samsung Galaxy S10 may come with a cryptocurrency wallet, but what does this even mean?  Phone ArenaIt is rumored that Samsung may introduce a cryptocurrency wallet feature with the Galaxy S10, which would allow owners to make and receive cryptocurrency ...
  
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• 'It's a mess': Quadriga CEO's death a wake-up call for cryptocurrency industry, says tech writer - CBC.ca

  05-02-2019 18:02
  'It's a mess': Quadriga CEO's death a wake-up call for cryptocurrency industry, says tech writer  CBC.caThe death of a Canadian cryptocurrency company's CEO — which has left investors wondering if they've lost an estimated $250 million — has all the aspects of ...
  
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• Tron Price Analysis: TRX—BTT Inverse Relationship, Demand Taper

  05-02-2019 18:00 via newsbtc.com
  Tron prices in range mode but bullish
  BitTorrent benefiting from BTT hype
  Transactional volumes low despite yesterday’s upswingsAlthough TRX prices are retracting from yesterday’s highs, it stands to benefit from the BTT demand. At the time of writing, TRX is down 1.4 percent from yesterday’s close, but as long as prices are above 2.5 cents, aggressive traders can initiate trades on every dip. Modest targets will be at 4 cents.
  Tron Price Analysis
  Fundamentals
  BitTorrent is an
  
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• The dangers of proprietary software

  05-02-2019 18:00
  There have been numerous incidents involving Apple products and their closed source software which raises concerns about the dangers, risks and security issues of using proprietary software. According to Reuters’ recent article, spying software is used to gain access to iPhones by simply sending the target a text message:
  “A team of former U.S. government intelligence operatives working for the United Arab Emirates hacked into the iPhones of activists, diplomats and rival f
  
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• QuadrigaCX Is Filing for Creditor Protection Amid Liquidity Crisis, Community Remains Largely Skeptical

  05-02-2019 17:56 via cointelegraph.com
  QuadrigaCX has taken to court to avoid collapse, but community members suggest that most of its reported funds never existed.
  
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• Bulls are Back: Dow Surges to Two-Month High as Earnings Season Keeps on Giving

  05-02-2019 17:46
  Led by the Dow Jones Industrial Average, the U.S. stock market traded sharply higher on Tuesday after a fresh batch of earnings surprised to the upside, underscoring another solid quarter for corporate America. DOW RECORDS STRONG GAINS All of Wall Street’s major indexes booked solid gains through the morning session, mirroring a strong pre-market for U.S. stock futures. The Dow Jones Industrial Average rose 174 points, or 0.7%, to 25,413.73. The blue-chip index is on track for its highest
  
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• Five Critical Vulnerabilities Discovered in EOS in 2019, HackerOne Data Shows

  05-02-2019 17:44 via cointelegraph.com
  This year, bug bounties for five critical vulnerabilities have been handed over by EOS.io, the company responsible for the development of EOS
  
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• Bitcoin’s Longest Bear Market Hits 6-Month Milestone. The USD? Strolled Past the 79-Year Mark

  05-02-2019 17:40
  The bitcoin headlines and commentary seem all doom, gloom, and despair:           Bitcoin is about to do something it has never done before — hint: it’s not good –MarketWatch Bitcoin Is Now Officially In Its Longest Bear Market Ever –CoinDesk Bitcoincreates new record; continues downward spiral for the sixth consecutive month. –AmbCrypto Market analyst Jani Ziedins told Market Watch: “There are cases like the dot-com bubble where the r
  
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• Judge Moves to Block Potential Lawsuits Against QuadrigaCX Exchange

  05-02-2019 17:35
  A judge in Canada has ruled in favor of a creditor protection petition filed last week by Canadian crypto exchange QuadrigaCX.
  
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• Investors are Dumping Google Stock Despite Higher Q4 2018 Revenues of $32 Billion

  05-02-2019 17:25
  Google delivered higher than expected revenues and earnings per share in its fourth-quarter 2018 results. Yet Google stock dropped 3% in after-hours trading and fell over 2% in premarket trading. Google’s Profit Margin Tightens Analysts hoped that google-parent Alphabet would deliver $31.33 billion in revenue and earnings per share of $10.86. The internet behemoth delivered $31.85 billion and earnings per share above expectations at $12.77. Concerns grow over how Google, and others, use ou
  
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• Government Death Certificate Says QuadrigaCX CEO Died in India

  05-02-2019 17:10
  An Indian government-issued death certificate corroborates the passing of QuadrigaCX CEO Gerald Cotten in early December.
  
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• Breaking: Lawyers Might Sell QuadrigaCX to Settle Debts

  05-02-2019 17:09 via cointelegraph.com
  The laptop of recently deceased Gerald Cotten will be given to creditors’ lawyers, and the crypto exchange might be sold to satisfy debts
  
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• Zcash Discloses Vulnerability That Could Have Allowed 'Infinite Counterfeit' Cryptocurrency - Fortune

  05-02-2019 17:01
  Zcash Discloses Vulnerability That Could Have Allowed 'Infinite Counterfeit' Cryptocurrency  FortuneZcash fixed a security vulnerability that would have enabled an attacker to mint infinite cryptocurrency; some projects are still affected.
  
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• This Bullish Crypto Trader is Predicting a ‘Breakdown’ for Bitcoin Price Tomorrow

  05-02-2019 16:54
  According to a trader who offers professional consulting and provides an altcoin signals service via Telegram, Bitcoin is very likely to “breakdown” by tomorrow. Alan Masters published an idea to Tradingview late last night encouraging everyone to “secure profits” and play some wait and see. He provides the following chart: According to Masters, the volume is dissipating in Bitcoin markets, which is indicative of a massive change impending. Combined with “mostly sid
  
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• Head of Russia's Second Largest Bank Compares Crypto Mining to Counterfeiting

  05-02-2019 16:54 via cointelegraph.com
  Andrey Kostin, head of Russia’s second largest bank VTB, compares crypto mining with counterfeiting, says crypto will be applied narrowly in the future
  
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• Four Iranian Banks Support Gold-Backed Cryptocurrency - Cointelegraph

  05-02-2019 16:50
  Four Iranian Banks Support Gold-Backed Cryptocurrency  CointelegraphNews. Four banks in the Islamic Republic of Iran have developed a gold-backed cryptocurrency called PayMon, financial news website Financial Tribune ...
  
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• Four Iranian Banks Support Gold-Backed Cryptocurrency

  05-02-2019 16:39 via cointelegraph.com
  A gold-backed cryptocurrency called PayMon has been released by four banks in the Islamic Republic of Iran
  
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• Crypto Investor Urges Consumers to Accumulate Bitcoin Before Halving, Rally Expected?

  05-02-2019 16:04 via newsbtc.com
  Bitcoin (BTC) and other crypto assets may be nearing their one-year lows, but copious amounts of optimism still exist in the minds of believers the world over. Case in point, while many analysts are unfaltering in their belief that lower lows are inbound, with even one short-term sardonic commentator calling for a $1,700 BTC, hope has persisted.
  Almost as if they’re grasping for a light at the end of a tunnel, diehards’ hearts have remained ablaze, as they await key industry events t
  
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