Cryptocurrency news

• Vitalik Buterin Proposes That Wallets Charge Gas Fee for Transactions

  08-03-2019 23:43 via cointelegraph.com
  Ethereum co-founder Vitalik Buterin suggested that wallets could take a gas fee for transactions to support developers
  
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• The US arrests alleged leader of OneCoin, a multibillion-dollar cryptocurrency scheme - The Verge

  08-03-2019 23:30
  The US arrests alleged leader of OneCoin, a multibillion-dollar cryptocurrency scheme  The VergeAuthorities arrested one leader on Wednesday of a cryptocurrency project called OneCoin, which prosecutors allege was in fact a pyramid scheme rather than a ...
  
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• German Finance Ministry Calls for Regulated Blockchain Securities Market

  08-03-2019 23:00
  The German Ministry of Finance has recommended that the country recognize and regulate blockchain securities.
  
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• Could 2020 be the Year of Bitcoin Purchased Frappuccinos? One Venture Capitalist Believes So

  08-03-2019 23:00 via newsbtc.com
  Analysts and investors alike widely believe that increased adoption of cryptocurrencies, like Bitcoin, will help drive their price higher while also providing more stability to the nascent markets. Despite the persisting crypto bear market, over the past year there have been multiple advancements in the industry that will likely lead to increased adoption down the road.
  Now, one prominent venture capitalist is claiming that he believes one of the first widespread consumer uses of Bitcoin will be
  
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• Will Alleged Model 3 Design Flaw Sink Tesla Stock?

  08-03-2019 22:53
  It seems that Tesla just can’t catch a break. Following charges from the Security and Exchange Commission (SEC) that could force Elon Musk to temporarily step down as CEO, the company’s vehicles are allegedly having more than a little trouble staying clean. A Glitch in the Tesla System A design flaw may be causing debris to become trapped in the vehicles’ underbody panels. Auto shop owner Eric Bolduc has commented that he’s found dirt, water, and sand in the back of every
  
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• Crypto Markets Trade Sideways, Oil Demonstrates Slight Losses

  08-03-2019 22:31 via cointelegraph.com
  Cryptocurrency markets have continued trading sideways, with Binance Coin seeing the most notable losses on the day, down seven percent
  
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• US Marshals to Dispose Bitcoin, Will Whales Buy Cryptocurrency at Auction? - newsBTC

  08-03-2019 22:00
  US Marshals to Dispose Bitcoin, Will Whales Buy Cryptocurrency at Auction?  newsBTCThe US Marshals *Service* is appealing for help disposing of seized or forfeited cryptocurrency. The government body is looking for firms to provide feedback on ...
  
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• US Marshals to Dispose Bitcoin, Will Whales Buy Cryptocurrency at Auction?

  08-03-2019 22:00 via newsbtc.com
  The US Marshals Service is appealing for help disposing of seized or forfeited cryptocurrency. The government body is looking for firms to provide feedback on appropriate methods to store, liquidate, or potentially return Bitcoin and other cryptos involved with financial crimes.
  A request posted on FedBizOpps details a potential position with the US Marshals for the respondent most suited for the role. Duties will include secure custody services for a range of digital assets, as well as the abil
  
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• SEC’s ‘Crypto Mom’ Sounds Note of Caution About National Action Plans

  08-03-2019 21:45
  Commissioner Hester Peirce offered caveats about nationally coordinated efforts at a D.C. blockchain conference.
  
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• SEC’s ‘Crypto Mom’ Sees No Need for National Blockchain Policy

  08-03-2019 21:45
  SEC Commissioner Hester Peirce has pushed back on the Digital Chamber of Commerce's "national action plan" for blockchain.
  
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• US District Attorney Charges OneCoin Founders With ‘Billions’ in Alleged Fraud

  08-03-2019 21:43 via cointelegraph.com
  A U.S. District Attorney has charged the founders of the OneCoin project with “wire fraud, securities fraud, and money laundering offenses”
  
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• Pro-Bitcoin Colorado Governor Signs Crypto-Friendly Digital Token Act

  08-03-2019 21:24
  Colorado Governor and avowed bitcoin fan Jared Polis signed the Digital Token Act on March 8, exempting cryptocurrencies from state securities laws under certain conditions. The new legislation also exempts crypto broker-dealers and salespeople from state licensing requirements under limited circumstances. Colorado Crypto Law Takes Effect on August 2 Theresa Szczurek, Colorado’s chief information officer, tweeted a photo of Governor Polis as he signed the Digital Token Act into law. Polis
  
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• Forget Jobs Data: Far Greater Pressures Threaten the Dow Recovery

  08-03-2019 21:21
  The US jobs data is in, and boy oh boy, what a disaster in Non-Farm Payrolls. The most closely watched metric in today’s report came in at 20,000 jobs created. (I know what you’re thinking, and no, there isn’t a zero missing.) The job creation statistic is the worst reading in over a year and down a staggering 291,000 jobs from last month’s revised figure. Naturally, this prompted a sell-off in stocks that were already under pressure, with the S&P 500, Nasdaq, and Dow
  
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• Your Guide to Blockchain and Cryptocurrency Events at SXSW 2019

  08-03-2019 21:00
  There's an official blockchain and cryptocurrency track at SXSW this year. Here are the events that stand out.
  
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• US Seafood Giant Bumble Bee Foods to Use SAP Blockchain Tech in Supply Chain

  08-03-2019 20:42 via cointelegraph.com
  North American seafood firm Bumble Bee has launched a blockchain platform for seafood traceability with tech firm SAP
  
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• North American Seafood Firm to Use Blockchain Tech in Supply Chain

  08-03-2019 20:42 via cointelegraph.com
  North American seafood firm Bumble Bee has launched a blockchain platform for seafood traceability with tech firm SAP
  
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• How Crypto Company is Fighting Setbacks to Deliver New Technology for Users

  08-03-2019 20:30
  A crypto company which has been available for four years – even before Ethereum was launched – says it is focused on developing new technology after encountering setbacks in the early days of its business. ILCoin claims it has now created a consensus mechanism which removes the risk of hackers infiltrating its network and compromising the security of its users. Founded in 2014, the company’s founders estimate that there were only 80 cryptocurrencies in existence when it made it
  
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• Elizabeth Warren’s War on Google & Facebook is a Cheap Political Gambit

  08-03-2019 20:19
  Elizabeth Warren published an op-ed Friday to discuss something that’s really not any of her business, the title of which is: “Here’s how we can break up Big Tech: It’s Time to Break up Amazon, Google, and Facebook.” Elizabeth Warren Calls for Government to Rip Apart Tech Giants Sen. Warren should go back to practicing bankruptcy law. Succesful businesses don’t need her telling them what to do. She says: “Twenty-five years ago, Facebook, Google, and Amaz
  
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• Ripple (XRP) Stumble as Regulators Stay Silent on Coin Status

  08-03-2019 20:00 via newsbtc.com
  Ripple prices in range modeFuzzy regulations impede XRP adoption.
  Transactions volumes drop, prices dipAs long as there is doubt on XRP status, financial institutions, as well as processors, will steer clear. Until then, Ripple (XRP) prices will be in range mode trading within tight trade channels with caps at 34 cents.
  Ripple Price Analysis
  Fundamentals
  By design, the Ripple network is in place to cater to the needs of the more than 15,000 individual banks. Their scope is broad but slowed down
  
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• Ethereum Trumps Bitcoin in Active Protocol Development: Research

  08-03-2019 19:43
  Bitcoin might dominate the cryptocurrency market cap, but “digital gold” takes the silver podium when it comes to protocol development, according to crypto research firm Electric Capital. Researchers: Ethereum – Not Bitcoin – Has Most Active Development Team CCN spoke to the team at Electric Capital, who recently ran an exhaustive study of 2,800 coins and 21,000 development repositories. Called the “Dev Report,” the research primarily focuses on the number of
  
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• Singapore Launches Pilot of TradeTrust Blockchain Shipping Initiative

  08-03-2019 19:31 via cointelegraph.com
  Singapore blockchain shipping pilot aims to gather industry advice on implementation
  
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• Ethereum Creator Vitalik Buterin Proposes Wallet Fee to Fund Developers

  08-03-2019 19:30
  The creator of the world's second largest blockchain proposed today on Twitter a new norm for the ecosystem – a flat wallet fee of 1 gwei.
  
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• US State of Connecticut Introduces Bill to Authorize Smart Contract Use in Commerce

  08-03-2019 19:19 via cointelegraph.com
  The Commerce Committee of Connecticut’s legislature has introduced a bill to authorize the use of smart contracts in state commerce
  
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• Lying About Trump Was a Disaster, So Now Michael Cohen’s Suing Him

  08-03-2019 19:08
  Oh, Michael Cohen. Lying didn’t work, and coming clean about lying didn’t pan out either. So what’s left but to sue Donald Trump, the very person you were lying about? Michael Cohen Sues Trump Organization Having trouble keeping up? Join the club. It’s not easy to stay up-to-date with the ongoing saga otherwise known as Michael Cohen, Donald Trump’s former personal attorney. The latest chapter of the saga entails a lawsuit Cohen filed against the Trump Organization.
  
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• Swissquote Banking Group to Launch Crypto Custody in Late March

  08-03-2019 19:07 via cointelegraph.com
  Swiss banking group Swissquote to launch crypto custody in late March, allowing the transfer of crypto from an external wallet to a bank account and vice versa
  
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• No, Bitcoin (BTC) is Not a Quick Rich Scheme, Price Approaching $4,000

  08-03-2019 19:00 via newsbtc.com
  Bitcoin prices up 1.6 percentFCA Research paints crypto-asset owners as greedy
  Transaction volumes low, drive above $4,500 must be high-volume.The UK’s FCA research concludes that Bitcoin (BTC) and crypto-asset investors are here for the money. Meanwhile, prices are stagnant, and as accumulation continues, the next feasible target will be $4,500.
  Bitcoin Price Analysis
  Fundamentals
  The open source nature of blockchain projects means anyone can plug in, mine, contribute code or do whatever
  
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• Weekly roundup March 4 – March 8

  08-03-2019 18:46
  This week provided a lot of interesting headlines in the crypto space while bitcoin still remained fairly indecisive. Catch up on the details!
  Bitcoin charts getting exciting again?
  Bitcoin’s price remained largely in the upper $3,000 range this week. It still appears unclear whether the asset has bottomed in price yet, or if the market is yet to see lower prices before an overall reversal to a bull trend.
  The low $4,000 range seems to be a difficult zone of resistance for BTC. It wil
  
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• Cryptocurrency Development Activity Paints Positive Picture for Bitcoin and Ethereum - BeInCrypto

  08-03-2019 18:33
  Cryptocurrency Development Activity Paints Positive Picture for Bitcoin and Ethereum  BeInCryptoA recently-released report on developer activity reveals interesting patterns about cryptocurrency networks' environments.
  
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• Nouriel Roubini: ‘Cryptocurrency as a Technology Has Absolutely No Basis for Success’ - Cointelegraph

  08-03-2019 18:30
  Nouriel Roubini: ‘Cryptocurrency as a Technology Has Absolutely No Basis for Success’  CointelegraphProminent economist and crypto critic Nouriel Roubini reiterated his anti-crypto stance, arguing that the tech has “no basis for success.”
  
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• Nouriel Roubini: ‘Cryptocurrency as a Technology Has Absolutely No Basis for Success’

  08-03-2019 18:21 via cointelegraph.com
  Notorious crypto-basher Nouriel Roubini said that crypto “as a technology has absolutely no basis for success,” while blockchain has nothing to do with the future of money
  
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• Cardano 1.5 Means Project Shelly, Will ADA Prices Respond?

  08-03-2019 18:00 via newsbtc.com
  Cardano price stable but bullish
  Development and consequent release of Cardano 1.5 test-net positive
  Average volumes low, pumps must be accompanied by volumes above 210 millionProject Shelly is on the horizon thanks to Cardano 1.5. That means an improved consensus protocol that could possibly drive Cardano (ADA) above 4.5 cents towards 6 cents.
  Cardano Price Analysis
  Fundamentals
  That Cardano is special is true. The evidence is littered all over the inter-webs, and as they continue to research,
  
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• Revolut launches auto-exchange for cryptocurrency – and I can’t find a reason to hate it - The Next Web

  08-03-2019 17:48
  Revolut launches auto-exchange for cryptocurrency – and I can’t find a reason to hate it  The Next WebUpdate, 1850UTC March 9, 2018: An earlier version of this report referred to a Telegraph article that suggested Revolut had switched off part of its anti-money ...
  
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• Bitcoin’s Impending ‘Halving’ Could Spark Meteoric Price Boom

  08-03-2019 17:47
  Alistair Milne, the chief investment officer at Atlanta Digital Currency Fund, has said that the block reward halving of Bitcoin could push the price of the dominant cryptocurrency to massive gains in the next 12 months. Why Block Reward Halving is a Fundamental Driver of Bitcoin Price A block reward halving in Bitcoin is referred to as the mechanism that decreases the amount of Bitcoin generated by miners after mining a block. On the Bitcoin network, miners solve complex cryptographic problems
  
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• Trading cryptocurrency is problematic for regular gamblers, study says - Medical Xpress

  08-03-2019 17:43
  Trading cryptocurrency is problematic for regular gamblers, study says  Medical XpressResearchers at the Center for Gambling Studies at Rutgers University-New Brunswick's School of Social Work have found a link between frequently trading ...
  
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• Japan: Crypto Industry Trade Group JCBA Issues Guidelines for ICO Regulation

  08-03-2019 17:29 via cointelegraph.com
  Security and utility tokes, ICOs: Japan’s JCBA issues recommendations aimed at regulating the industry
  
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• A Multibillion-Dollar Cryptocurrency Based on ‘Lies’: US Arrests Alleged OneCoin Leader

  08-03-2019 17:28
  Konstantin Ignatov, one of the heads of the infamous OneCoin pyramid scheme, has been arrested on wire fraud charges.
  
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• Dow Bloodbath Barrels into Day 5 as Awful Jobs Data Portends Recession

  08-03-2019 17:26
  The Dow and broader U.S. stock market tanked on Friday after government data showed job creation slowed to a crawl in February, stoking fears that the world’s largest economy was barreling toward recession. Stronger than expected wage growth offered temporary reprieve but failed to instill confidence in an investing public that has seen manufacturing and housing activity tumble in recent months. Dow Careens Toward Fifth-Straight Decline All of Wall Street’s major indexes declined sha
  
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• Interview: Michael Rosenblat on DoIOwnAShitcoin.com, STOs, and Veil

  08-03-2019 17:15
  Michael Rosenblat has been in the Bitcoin space since 2013 when a miner friend has introduced him to the magical government-agnostic cryptographically-protected currency. From that moment, he was hooked and he went on to quit his job in traditional finance and pursue a full-time career in crypto.
  On social media, Mr. Rosenblat is best known as “Mike from Do I Own A Shitcoin?”, a humorous content creator who makes fun of the poorly-designed and financially-risky projects around the sp
  
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• Fidelity's new cryptocurrency company is up and running despite a bear market for digital coins - CNBC

  08-03-2019 17:06
  Fidelity's new cryptocurrency company is up and running despite a bear market for digital coins  CNBCFidelity Digital Assets, a new company created by the investing giant last year, is working with wealthy families and hedge funds on cryptocurrency.
  
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• Germany Proposes Launching State-Run Electronic Register for Blockchain Sector

  08-03-2019 17:05 via cointelegraph.com
  Germany’s ministries of finance and justice have offered to to launch a state-run registry to develop the blockchain sector and protect investors
  
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• $25 Trillion Spent in US Pursuing Trust, Can Blockchain Eliminate it Completely?

  08-03-2019 16:58 via newsbtc.com
  With the immense tribalism surrounding the cryptocurrency space and semantic arguments over abstract concepts like “decentralisation” often dominating crypto discourse, it is easy to lose sight of the bigger picture and what all this building and experimentation is progressing towards.
  Andreas Antonopoulos often argues that cryptocurrency is just the first application of the nascent technology that is blockchain, but what exactly does he mean?
  My personal highlight of the first day o
  
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• BORA, Listed on Global Cryptocurrency Exchange DigiFinex! Practicality and Usability are BORA’s Core Strength

  08-03-2019 16:57
  BORA token, deposit available from the 6th, withdrawal, and trade available from 7th through DigiFinex Detailed collaboration with partners to ensure the real-life usability of BORA token in various blockchain based services. DigiFinex is a company based in Singapore founded by blockchain technology experts from well-known IT firms such as Tencent, HP, Baidu, and Xunlei. Currently, the firm acts as one of the major exchanges, maintaining a high trading volume as Top 10 worldwide, according to th
  
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• North Korea Stockpiles $650 Million in Crypto, Hypocritical UN Blames Bitcoin

  08-03-2019 16:55
  North Korea has Cryptocurrency. A lot of it. In a piece from Nikkei Asian review, it was reported that experts have testified to the UN that Kim Jong Un’s regime is sitting upon more than half a billion US dollars’ worth of Crypto. Clearly, there are plenty of reasons why the sanctions beleaguered nation would want to put in such a big effort to amass such a horde of coins. As the rest of the world has ramped up their opposition to nuclear testing on the Korean peninsula, so has the
  
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• Trading cryptocurrency is problematic for regular gamblers, Rutgers study says - EurekAlert

  08-03-2019 16:49
  Trading cryptocurrency is problematic for regular gamblers, Rutgers study says  EurekAlertResearchers at the Center for Gambling Studies at Rutgers University-New Brunswick have found a link between frequently trading cryptocurrency -- a digital ...
  
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• Mark Zuckerberg: “Encryption is decentralizing”

  08-03-2019 16:30
  Here is a quick recap of the series of events that sparked the idea for this article:Facebook will integrate Facebook, WhatsApp, and Instagram into Facebook Network;
  Facebook is looking to blockchain technology to solve both technological and image problems;
  Likely, Facebook will utilize blockchain technology to secure sensitive data and enable p2p payments;
  It may introduce native cryptocurrency, but it’s unlikely to happen before 2020;On March 6, Mark Zuckerberg published a 3000+ word es
  
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• Connecticut Lawmakers Seek to Legalize Blockchain Smart Contracts

  08-03-2019 16:30
  The Commerce Committee of the U.S. state of Connecticut has filed a new bill that would authorize the commercial use of blockchain smart contracts.
  
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• Fidelity Bitcoin Custody Launched, Is This The End of Personal Integrity?

  08-03-2019 15:55 via newsbtc.com
  There is much talk of 2019 being the year that institutional money comes. And with the recent update by Fidelity on its Bitcoin custodial service, there is renewed hope for an end to the bear market. However, by welcoming this news, does that mean we have collectively abandoned our principles?
  While the goal of institutional investing is to make money on behalf of members, this cannot be at the expense of diligence. Concerns over excessive volatility, uncertain regulatory framework, and technica
  
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• Starbucks Will Laugh if You Still Use Cash in 3 Years: Bitcoin Bull Draper

  08-03-2019 15:52
  Bitcoin bull Tim Draper has predicted that by 2022, coffee lovers will be routinely buying their fix at Starbucks using bitcoin and other crypto assets. Draper: Bitcoin Will Dominate Starbucks Transactions In a podcast interview with NBC Bay Area, Draper said that the cryptocurrency is on the verge of making the US dollar redundant: “I think when you go to Starbucks to buy a cup of coffee, and you try to pay with dollars, they will laugh at you because you are not using bitcoin or other cr
  
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• UN Panel Says North Korea Obtained $670 Million in Crypto and Fiat via Hacking: Report

  08-03-2019 15:35 via cointelegraph.com
  A report presented to the U.N. Security Council claims that North Korean hackers obtained $670 million in crypto and foreign fiat from 2015 to 2018
  
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• MakerDao Users Vote to Raise Stablecoin DAI’s ‘Stability Fee’ by 2%

  08-03-2019 15:34 via cointelegraph.com
  MakerDAO users have voted to raise DAI stability fee from 1.5% to 3.5% per year
  
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