Cryptocurrency news

• Societe Generale Subsidiary Issues 100 Million Euro Bond on Ethereum Blockchain

  23-04-2019 23:45 via cointelegraph.com
  Societe Generale SFH has issued a 100 million euro bond as a security token on the Ethereum blockchain
  
  Read more

• Mysterious GOP Fat-Cat Worth $200 Million Breaks the Bank to Dethrone AOC

  23-04-2019 23:44
  By CCN: Alexandria Ocasio-Cortez (D-NY) has been in the House of Representatives for just four months, but she’s developed an A-list political profile. From her bold claims about climate change and wage inequality to her incredible ability to connect with millennial voters, AOC has quickly become one of the most popular – and polarizing – politicians in the United States. Wealthy Republican Donor Wants to Buy a Victory Against Alexandria Ocasio-Cortez For a 29-year-old, Alexand
  
  Read more

• Amazon with Lightning Network? Early Bitcoin Developer Isn’t Impressed

  23-04-2019 23:21
  By CCN: You’ve likely heard the buzz about a new Chrome extension that will allow people to make purchases on Amazon using the Lightning Network, Moon. The buzz shouldn’t confuse you, hopefully: Amazon isn’t accepting any form of bitcoin, and they’re not integrating the Lightning Network. The extension does some ninja work in the background to get your crypto into fiat and then gives that to Amazon or other e-commerce sites. No, Amazon Isn’t Supporting Lightning Net
  
  Read more

• 1.4 Billion Population Of China To Use Cryptocurrency In 20 Years, Expert Says - Invest In Blockchain

  23-04-2019 23:07 via investinblockchain.com
  1.4 Billion Population Of China To Use Cryptocurrency In 20 Years, Expert Says  Invest In BlockchainDonald Tapscott, executive chairman of the Blockchain Research Institute, and his son, Alex Tapscott, co-authored the book Blockchain Revolution, were ...
  
  Read more

• Advertisement

• BlockFi Cuts Minimum Deposit, Launches Crypto Lending in India

  23-04-2019 23:05
  The company added that it expects to lower its minimum balance further in the near term.
  
  Read more

• BlockFi Makes Bitcoin Interest Accounts More Accessible, Lowers Minimum Account Threshold

  23-04-2019 23:00 via newsbtc.com
  A firm working to bring traditional financial services to those invested in crypto assets has lowered the minimum Bitcoin account balance required to receive interest payments. The move is reportedly in response to public pressure to make the service more accessible.
  Naturally, those wishing to use BlockFi’s interest accounts should be aware that such custodian services carry far greater risk to Bitcoin investors than if they were to take responsibility for their own private keys. High pro
  
  Read more

• IDC Predicts Dramatic Increase In Blockchain Spending In Asia Pacific

  23-04-2019 22:51 via feedproxy.google.com
  
  Blockchain spending in Asia Pacific, excluding Japan, (APEJ) is expected to reach nearly US$523 million in 2019, an increase of 83.9% from the US$284.8 million spent in 2018, according to the latest findings from the International Data Corporation (IDC)’s Worldwide Semiannual Blockchain Spending Guide. IDC, a provider of market intelligence and advisory services for the […]
  The post IDC Predicts Dramatic Increase In Blockchain Spending In Asia Pacific appeared first on Coinjournal.
  
  Read more

• BlockFi Now Has Over $53 Million in Client Crypto Under Management

  23-04-2019 22:17 via cointelegraph.com
  Crypto wealth management firm BlockFi announced that it now has over $53 million in client crypto assets under management
  
  Read more

• Advertisement

• eToroX Crypto Exchange Review – April 2019

  23-04-2019 22:14
  The review is penned by Aziz Zainuddin. He has written extensively about cryptocurrency and blockchain. He is the founder of Master The Crypto and an evangelist of this nascent technology. eToroX is a newly launched advanced crypto exchange that belongs to the world’s leading social trading firm, eToro Group. The crypto exchange was launched by eToroX as an effort to bring the world of cryptocurrency trading to everyone. What makes eToroX stand out from other cryptocurrency exchanges aroun
  
  Read more

• Disney Heiress’ Critique of Bob Iger’s $65 Million ‘Insane’ Pay Rings Hollow

  23-04-2019 22:11
  By CCN: Roy Disney’s granddaughter Abigail Disney described Disney CEO Bob Iger’s annual compensation package worth $65 million as “insane.” On the surface, this is an admirable sentiment when taking into account that low-paid employees working at the so-called ‘happiest place in the world’ often struggle to survive earning $15 per hour. The support of the Disney co-founder’s granddaughter would probably mean a lot to Disney employees in their struggle f
  
  Read more

• Crypto Conundrum: Bullish Bitcoin Price Action Halts Altcoin Season In Its Tracks

  23-04-2019 22:00 via newsbtc.com
  Overnight last night, Bitcoin price made another strong bullish advance through resistance at $5,400, following a massive crypto rally earlier in the month that set the bullish tone for the rest of the month’s price action. While Bitcoin is more bullish than it’s been since its all-time high of $20,000 back in December 2017, altcoins, which had been experiencing massive gains in price over the last few months, have suddenly turned extremely bearish.
  Across social media, crypto analys
  
  Read more

• Over $100 Million Missing: CoinBene Claims Maintenance, a Month of Questions Point Toward a Hack

  23-04-2019 21:59 via cointelegraph.com
  Since March 2019, CoinBene has denied being hacked, but several details have recently emerged that point to that conclusion
  
  Read more

• Twitter Stock Rallies a Ridiculous 16% – Here’s Why You Should Sell

  23-04-2019 21:31
  By CCN: Twitter stock (TWTR) surged 16% Tuesday on mammoth first-quarter earnings and massive user growth. The company posted $191 million in net income or 25 cents a share. That’s a 213% increase from the $61 million in net income the company achieved in Q1 2018. The platform also saw a tsunami of new monthly active users (MAUs) since January. With 9 million new users over the period, Twitter destroyed expectations of a 4 million MAU decline. This is the last time Twitter will be reportin
  
  Read more

• Credit Suisse Exec Says Bank Culture Holds Back Adoption of Blockchain

  23-04-2019 21:27 via cointelegraph.com
  Head of digital market assets at Credit Suisse, Emmanuel Aidoo, said that the culture within banks holds them back from adopting blockchain
  
  Read more

• French Lender Societe Generale Issues $112 Million Bond on Ethereum

  23-04-2019 21:10
  French investment bank Societe Generale has issued $112 million of bonds as a security token on the public ethereum blockchain.
  
  Read more

• Meteoric Dow Races Toward Record as Earnings Crush Brutal Forecasts

  23-04-2019 21:02
  By CCN: The Dow and broader U.S. stock market surged on Tuesday, as investors rallied behind stronger than expected earnings results from the likes of United Technologies Corp (UTX) and Twitter (TWTR). Dow Pounds Toward Record Levels All of Wall Street’s major indexes reported big gains. The Dow Jones Industrial Average surged triple digits, mirroring a strong pre-market for U.S. stock futures. After jumping 184 points, the blue-chip index pared gains to settle up 145.34 points, or 0.6%, a
  
  Read more

• Before $50,000, Bitcoin (BTC) Must Be Robust, Add 10.1 Percent

  23-04-2019 21:00 via newsbtc.com
  Bitcoin prices buy momentum strong, add 10.1 percent
  Prices ought to expand 10X in the next bull wave for BTC’s market cap to surge past $1 trillionAt spot rates, Bitcoin’s overall valuation is far from $1 trillion Chris Burniske projects. While we don’t have the time frames, prices must increase 10X to hit those levels. Even so, this will happen in lock-steps with next targets at $6,000.
  Bitcoin Price Analysis
  Fundamentals
  If historical prices are anything to go by, then Bitc
  
  Read more

• Coinbase Closes Chicago Office and Scales Down Work on Matching Engine

  23-04-2019 20:33 via cointelegraph.com
  Coinbase, a U.S.-based crypto exchange, has scaled down the development of its matching engine and shut down its Chicago office
  
  Read more

• Bitcoin Couple’s Seasteading Dreams Sunk by Thai Navy

  23-04-2019 20:30
  By CCN: The Thai Navy has dismantled the floating sea cabin of U.S. bitcoin investor and seasteading advocate Chad Elwartowski. His Thai girlfriend Supranee Thepdet was living with him in the seastead. The Thai Navy boarded the boat over the weekend and returned its pieces to shore in three boats. The Thai government plans to use the dismantled floating home as evidence in a case against Elwartowsi and Thepdet. The two are on the run and have engaged the U.S. embassy. The couple says that the Ro
  
  Read more

• Lightning Labs Launches Desktop App on Bitcoin Mainnet

  23-04-2019 20:16
  Lightning Labs has put out his first alpha release for its lightning desktop app for bitcoin's mainnet.
  
  Read more

• Nvidia Bites Back at Elon Musk’s ‘Inaccurate’ Tesla Boast

  23-04-2019 20:10
  By CCN.com: After talking about a Full Self-Driving Computer (FSDC) for years, Tesla has finally made good its promise and unveiled the chipset during the electric carmaker’s Autonomy Day. Per the electric carmaker, the new chipset offers a performance that is 21 times better than its old hardware built by Nvidia. The chipset also boasts a neural network performance of 144 tera operations per second (TOPS). Nvidia’s Drive Xavier chip, on the other hand, has a neural network performan
  
  Read more

• Tron (TRX) Struggling to Scale? Down 5.7 Percent

  23-04-2019 20:00 via newsbtc.com
  Tron (TRX) prices stable at 2.5 cents
  Critics claim Tron cannot scale and SUN side chains is a cover for that deficiencyBy default, Tron claims to be scalable with high throughput. However, critics are back arguing that the SUN Network is a cover for the network’s inability to scale and handle BitTorrent’s requirements. In the meantime, Tron (TRX) prices are ranging and down 5.7 percent from last week’s close.
  Tron Price Analysis
  Fundamentals
  There is Blockchain trilemma, and
  
  Read more

• How Crypto Investor Stupidity Helped One Hacker Swipe $7 Million

  23-04-2019 19:30
  By CCN: Years ago, a thief had a simple idea: figure out a way to guess Ethereum private keys and write software to sweep the crypto funds from the blockchain. Guessing the 72-character private key is no small feat – your odds are about 1 in 115 quattuorvigintillion. No, we didn’t make that number up. The researchers told Wired that trying to do this without the help of high-powered computers would be like: “ Choosing a grain of sand on a beach, and later asking a friend to fin
  
  Read more

• Bitcoin Price Could Fall Back Despite Impressive Session Gains: Analyst

  23-04-2019 19:30 via newsbtc.com
  The bitcoin price has surged up to 4.85 percent this Tuesday, but there is still a strong case of an imminent pullback.
  According to Crypto Michaël, an Amsterdam-based cryptocurrency analyst, bitcoin lacked adequate follow-up volume that could sustain the ongoing upside price action. The bearish interpretation followed the textbook volume-price relationship, in which a price move up on a declining trading activity signals a selling sentiment.
  Michaël said if the bitcoin price hangs nea
  
  Read more

• Is Ripple (XRP) Fading Due To Competitors As Hyperledger Fabric and IBM?

  23-04-2019 19:00 via newsbtc.com
  Ripple (XRP) range bound, 34 cents immediate resistance
  IBM Hyperledger Fabric and World Wire offer stiff competitionAll in all, Ripple Inc haven been prosperous in their promotions. Banks in the Middle East, SE Asia, and India are using their solutions. Despite that, Ripple (XRP) prices are stagnant and stuck within a 4 cents range.
  Ripple Price Analysis
  Fundamentals
  It may be seven years down the line and with more than 200 banks leveraging Ripple Inc’s solutions, the blockchain start-u
  
  Read more

• Ether Thief Found Stealing Funds With Weak Private Keys

  23-04-2019 19:00
  A security consultancy found that an unknown person or group has been undertaking a sophisticated scheme to steal ether from weakly-protected addresses.
  
  Read more

• WSJ: Japanese Billionaire SoftBank Founder Lost $130 Million on Bitcoin Investment

  23-04-2019 18:58 via cointelegraph.com
  Masayoshi Son, founder of multinational conglomerate SoftBank Group and billionaire, reportedly lost over $130 million with his bitcoin investment
  
  Read more

• Shocking! Billionaire Mark Cuban Was Once too Poor for a Bank Account

  23-04-2019 18:46
  By CCN: Mark Cuban was once so poor that he did not have the minimum $200 required to open a bank account. The billionaire investor revealed this shocker during a pitch session on a recent episode of “Shark Tank.” Though poverty was a lifetime ago for Cuban, the bitcoin skeptic who has since dabbled in crypto now has a net worth somewhere north of $4 billion. He clearly still feels a connection to his working-class roots, that is if his investment during the episode was any indi
  
  Read more

• Dow Surges 150 Points as Trump Savages ‘Stupid’ Paul Krugman

  23-04-2019 18:44
  By CCN: The Dow surged by triple digits on Tuesday after Donald Trump slammed “stupid” Nobel-winning economist Paul Krugman, who continues to warn that the U.S. economy is on the brink of recession even as the stock market bounds toward record highs. Dow Rallies Toward Record High By 2:11 pm ET, the Dow Jones Industrial Average had raced to a 142.34 point or 0.54 percent increase, launching the index to 26,653.39. In just five months, the DJIA has surged by a breathtaking 22 percent.
  
  Read more

• Dow Surges 125 Points as Trump Savages ‘Stupid’ Paul Krugman

  23-04-2019 18:44
  By CCN: The Dow surged by triple digits on Tuesday after Donald Trump slammed “stupid” Nobel-winning economist Paul Krugman, who continues to warn that the U.S. economy is on the brink of recession even as the stock market bounds toward record highs. Dow Rallies Toward Record High Just ahead of the closing bell, the Dow Jones Industrial Average had raced to a 123.91 point or 0.47 percent increase, launching the index to 26,634.96. In just five months, the DJIA has surged by a breatht
  
  Read more

• BlockFi Is Now Paying Interest on $53 Million of Crypto Deposits

  23-04-2019 18:30
  BlockFi has gathered another $18 million of bitcoin and ether deposits since last month, bringing its total interest-earning accounts to $53 million.
  
  Read more

• Bitcoin Sextortion: Kansas Police Warn of Bizarre Crypto Scam

  23-04-2019 18:30
  By CCN: Police in the tiny town of Norton, Kansas posted a bulletin to their website yesterday morning urging followers not to fall for a bizarre Bitcoin sextortion scam. Spear-Phishing Attack Targets Individuals With Secret Porn Habits In this version of a classic spear-phishing attack, the scammer sends an e-mail to the victim and tells them they have a recording of the victim pleasuring him or herself – complete with the content they were watching at the time. They say they’ve com
  
  Read more

• University of Nevada, Reno Develops Driverless Vehicle Blockchain Tech With IoT Firm

  23-04-2019 18:12 via cointelegraph.com
  The University of Nevada, Reno’s Intelligent Mobility initiative will use blockchain in its new autonomous vehicle smart city project
  
  Read more

• Crypto Bear Market Didn’t Affect Abra: What’s in the Future of the Market?

  23-04-2019 18:06 via newsbtc.com
  Abra has long been a household name in the crypto industry, providing consumers worldwide with financial services and investment opportunities that are centered around Bitcoin (BTC) and other digital assets. NewsBTC sat down with Abra’s chief executive and founder, Bill Barhydt, last month to talk about the future of this industry, his firm, and enterprise blockchain applications.
  Bill Barhydt, for those unaware, has worked with the CIA, NASA, Goldman Sachs, and Netscape throughout his car
  
  Read more

• Interview: Yoni Assia on eToroX and the cryptocurrency market

  23-04-2019 18:00
  On April 16th 2019, eToro founder and CEO Yoni Assia has agreed to do an exclusive interview for Crypto Insider at the Paris Blockchain Week Summit. It was on the same day that the global launch of cryptocurrency exchange eToroX took place, and the time seemed right to reflect on how far the social trading company has come in terms of integrating digital assets.
  To North American audiences, eToro is the European and Asian equivalent of Robin Hood: it offers quick and easy onboarding with your c
  
  Read more

• HIVE, Genesis Battle For Control Of Cryptocurrency Infrastructure - Kitco News

  23-04-2019 17:46 via kitco.com
  HIVE, Genesis Battle For Control Of Cryptocurrency Infrastructure  Kitco News(Kitco News) - While investors are celebrating renewed momentum in bitcoin prices, others are bracing for a growing battle in the crypto-infrastructure space.
  
  Read more

• Tesla Stock: Robotaxis Won’t Rescue Musk as Earnings ‘Disaster’ Looms

  23-04-2019 17:45
  By CCN: Tesla’s Autonomy Investor Day has come and gone, and investors have passed judgment on Elon Musk’s latest series of pronouncement and promises. The results do not look good for Tesla stock, which according to CFRA analyst Garrett Nelson is heading for an “outright disaster” when the company reports its earnings on Wednesday. Tesla Stock Drops After Autonomy Investor Day Fails to Impress Tesla’s solution to brewing investor dissatisfaction was to tout its dri
  
  Read more

• Charlie Lee Slams ‘Silly’ Investors for Not Holding Onto Litecoin

  23-04-2019 17:32
  By CCN: Crypto investors should do as Charlie Lee says, not as he does. The Litecoin creator was featured as a guest on Laura Shin’s Unchained podcast, where he defended his decision to liquidate the holdings of the cryptocurrency that he spawned, Litecoin (LTC). Lee, who is a Google alum, is a highly respected individual in the crypto community and his contribution to the ecosystem can’t be denied, as evidenced by a coin that has muscled its way into the six biggest cryptocurrencies
  
  Read more

• Coinbase Shutters High-Speed Crypto Trading Division, Axing 30 Jobs

  23-04-2019 17:30
  Coinbase is shutting down the Chicago trading technology office it opened a year ago, eliminating 30 jobs.
  
  Read more

• IMF Spring Meetings: Digital Money Is Imminent, But No Decentralization in Sight

  23-04-2019 17:13 via cointelegraph.com
  Governors of central banks and IMF experts remain suspicious of open blockchains
  
  Read more

• Stock Market Will Plunge 25% if Joe Biden Vanquishes Trump: Trader

  23-04-2019 17:06
  By CCN: Will you or an S&P 500 index fund investor you love retire within the next decade? Blessed with a beefy 401(k) and hope for continued stock market growth to keep it that way? If the answer to either of these questions is yes, you might want to start volunteering for Donald Trump’s 2020 presidential campaign. That’s one controversial conclusion investors could draw from an election-focused stock market analysis published by Candy Matheson, which examines how the S&P 50
  
  Read more

• The Three Pillars of The Bitcoin Cash Roadmap

  23-04-2019 17:00
  Cryptocurrencies, like any technology based projects, are constantly evolving and upgrading. Whether it is to keep up with their competitors, enhance security and performance or increase their user base, crypto projects need to advance. And in this regard, a roadmap is the pathway to the expected evolution. This article will focus on the three pillars of the Bitcoin Cash roadmap, and its key stages for the development of the project.
  Bitcoin Cash (ABC) was spawned in mid-2017 when a g
  
  Read more

• Cryptocurrency industry waking up to insurance possibilities - Bobsguide

  23-04-2019 16:44 via bobsguide.com
  Cryptocurrency industry waking up to insurance possibilities  BobsguideAt its peak in January 2018, the combined market capitalisation of cryptocurrency hit $830bn. While that figure has since declined to just over $113bn, many ...
  
  Read more

• F**k Privacy. Facebook’s Terrifying New Lawyer is an Architect of NSA Mass Surveillance

  23-04-2019 16:40
  By CCN.com: Don’t believe what Mark Zuckerberg tells you. Facebook is not remotely interested in protecting your privacy. The company just hired Jennifer Newstead as general counsel, a lawyer widely cited as co-writer of the Patriot Act, famously granting unprecedented snooping powers to the US government.  In other words, the architect of NSA mass surveillance now has the keys to the world’s biggest store of personal data on the planet. This should terrify all of us. Facebook p
  
  Read more

• F**k Privacy. Facebook’s New Lawyer is a Terrifying Architect of NSA Mass Surveillance

  23-04-2019 16:40
  By CCN.com: Don’t believe what Mark Zuckerberg tells you. Facebook is not remotely interested in protecting your privacy. The company just hired Jennifer Newstead as general counsel, a lawyer widely cited as co-writer of the Patriot Act, famously granting unprecedented snooping powers to the US government.  In other words, the architect of NSA mass surveillance now has the keys to the world’s biggest store of personal data on the planet. This should terrify all of us. Facebook p
  
  Read more

• Analyst Says China’s Central Bank Will Implement Crypto in 20 Years

  23-04-2019 16:37 via newsbtc.com
  Blockchain Research Institute Chairman, Don Tapscott predicts China’s central bank will digitize their national currency within twenty years. In an interview with Bloomberg Technology, Tapscott said the Chinese acknowledge crypto as an important technology for China.
  This highlights a bizarre relationship, where on the one hand, authorities embrace blockchain’s potential to revamp the national infrastructure. Yet, at the same time, impose draconian measures on retail investors.China&
  
  Read more

• Crypto Industry Matures as Bitcoin Exchange Reopens After $60 Million Hack

  23-04-2019 16:31
  By CCN.com: Zaif, a Japanese crypto exchange that was hacked in September 2018, is preparing to resume its operations in Japan according to the official document released by the exchange. The document released by Zaif on April 19 stated that all users affected by the hack will be compensated fully. The company said that users have the right to seek the return of the crypto assets deposited with the exchange that was lost during the security breach. About $60 million worth of bitcoin, bitcoin cas
  
  Read more

• Blockchain and crypto adoption in Asia on the rise, reports suggest

  23-04-2019 16:10
  The 2017 cryptocurrency hype cycle came with the ICO business model and the emergence of forks of existing cryptocurrencies. Albeit being a year of a downtrend, 2018 was the year of stablecoins. In spite of these innovations and developments, the world still awaits widely adopted real-world use cases of blockchain technology. 2019 appears to be the year for blockchain adoption by corporate giants worldwide. Perhaps the application of blockchain technology by corporations with millions of existi
  
  Read more

• Nasdaq Is Quietly Testing Bitcoin-Based Product Under CXERX Indice, Analyst Suggests

  23-04-2019 16:07 via cointelegraph.com
  The world's second-largest stock exchange Nasdaq allegedly listed a bitcoin-based product, an analyst says
  
  Read more

• Crypto Exchanges Huobi and Fisco Investigated by Japan Watchdog: Report

  23-04-2019 16:00
  Crypto exchanges Huobi Japan and Fisco were investigated by the country’s Financial Services Agency last week, according to Reuters sources.
  
  Read more

Follow @CryptoNewslock on Twitter!