Cryptocurrency news

• Taking Candy Crush from Babies: GOP Senator Seeks Loot Box Ban

  09-05-2019 23:47
  By CCN: U.S. Senator Josh Hawley (R-MO) is introducing a bill to ban what Variety calls, “exploitative video game industry practices that target children like loot boxes and pay-to-win.” Loot boxes are paid upgrades in video games that players can buy. One in-app purchase Hawley’s office called out by name was the $150 Luscious Bundle on Activision Blizzard‘s Candy Crush. “Social media and video games prey on user addiction, siphoning our kids’ attention from
  
  Read more

• Blockchain Entrepreneur, Ontario Regulators Seek Settlement in Namedrop Scandal

  09-05-2019 23:40 via cointelegraph.com
  The Ontario Securities Commission and the CEO of blockchain firm NextBlock are seeking a settlement over allegations of dishonest tactics for attracting investment
  
  Read more

• Funds Are SAFU, but Reorg Is Not: What We Know About the Binance Hack So Far

  09-05-2019 23:35 via cointelegraph.com
  Hackers stole 7,000 BTC in a highly advanced attack on Binance. All withdrawals and deposits are frozen for a week, but all funds are safe, the exchange says. Learn more about the attack in our follow-up
  
  Read more

• Litecoin Hastens Mainstream Adoption, Inks Deal with Blockchain Startup Travala

  09-05-2019 23:30
  By CCN: With the exception of bitcoin, Litecoin is arguably doing more than any other coin for mainstream adoption. Most recently, Litecoin Creator Charlie Lee has inked a partnership with Travala.com, a blockchain-based hotel booking platform. Even though Travala.com is another blockchain company, it’s a play on the travel industry and represents a use case that can serve as a model for future deals. While Expedia has shied away from accepting bitcoin, it could change its tune if Travala.
  
  Read more

• Advertisement

• Halving Rally: Litecoin’s Price Logs Biggest Monthly Winning Streak Since 2017

  09-05-2019 23:30
  Litecoin's next block reward halving is now less than 90 days away, but the world's sixth largest cryptocurrency may still have room to run before investors "sell the news."
  
  Read more

• Alexandria Ocasio-Cortez’s Trump Insult Smacks of Hypocrisy

  09-05-2019 23:17
  By CCN: Following a New York Times report that President Trump lost over $1 billion between 1985 and 1994, hypocritical Democrats like Alexandria Ocasio-Cortez are pointing their fingers at Trump and labeling him a #billiondollarloser. AOC Wastes No Time Jumping on the ‘Hate Trump’ Bandwagon A breathless AOC rushed to Twitter to warn Americans that Trump engages in “shady” activities to recover his losses. This led to another push for the release of Trump’s tax retu
  
  Read more

• Bitcoin is Better! Aussie Bank Note Typo Highlights Inferiority of Fiat

  09-05-2019 23:00 via newsbtc.com
  The Reserve Bank of Australia has spent most of the day wiping proverbial egg off its face today as it emerged that the latest run of A$50 notes it has printed has a rather embarrassing typo on them. Such a blunder serves to highlight the inferiority of fiat money over Bitcoin beautifully.
  The institution says that there is nothing it can do about the A$2.3 billion worth of misspelled notes. The ultimately irony is that these notes will probably end up being more valuable than A$50 in the long r
  
  Read more

• Joseph Lubin on Bitfinex: It Seems Like a Really Big Mess That Probably Won’t Get Better

  09-05-2019 22:57 via cointelegraph.com
  CEO of ConsenSys Joseph Lubin said that the situation with cryptocurrency exchange Bitfinex will not get better
  
  Read more

• Advertisement

• Crypto-Friendly US Congress Members Join New Fintech Task Force

  09-05-2019 22:45
  The U.S. House of Representatives is launching a task force to examine financial technology, including blockchain.
  
  Read more

• Cryptocurrency market’s future will be more regulated and safer, claims Bitcoin [BTC] proponent Mike Novogratz - AMBCrypto News

  09-05-2019 22:35
  Cryptocurrency market’s future will be more regulated and safer, claims Bitcoin [BTC] proponent Mike Novogratz  AMBCrypto NewsAs the crypto world recovers from the hot wallet hack of Binance, where 7,000 BTCs were stolen, a famous proponent of Bitcoin [BTC] has come forward and ...
  
  Read more

• FinCEN Clarifies Money Transmission Regulations Pertaining to DApps

  09-05-2019 22:26 via cointelegraph.com
  U.S. regulators release guidance on how DApps could be subject to money transmission laws
  
  Read more

• Rochester man among several charged with stealing identities, millions in cryptocurrency - 13WHAM-TV

  09-05-2019 22:16
  Rochester man among several charged with stealing identities, millions in cryptocurrency  13WHAM-TVRochester, N. Y. – A Rochester man is among several people charged in connection to hacking activities prosecutors say resulted in the theft of more than $2 ...
  
  Read more

• Dow Frantically Searches for Silver Lining After China Shocks White House

  09-05-2019 22:02
  By CCN: The Dow and broader U.S. stock market frantically searched for a silver lining Thursday after China threatened harsh retaliation in response to a sizable tariff increase by the White House that could be implemented in the next 24 hours. Dow, S&P 500 Extend Brutal Slide All of Wall Street’s major indexes declined sharply through the morning session, reflecting a brutal pre-market for Dow futures. The Dow Jones Industrial Average fell by as much as 450 points before paring losses
  
  Read more

• Suspicious Bitcoin Cash Data Points to Volume Manipulation

  09-05-2019 22:00
  By CCN: A single address has sent over 674,000 transactions on the Bitcoin Cash blockchain. The address was just created last month, on April 9th, and is one of a handful of addresses that account for the vast majority of transactions on the fourth-largest cryptocurrency’s blockchain. A Minecraft Mix-Up or Something More Sinister? The address is believed to belong to the owners of Craft.cash, who support both Bitcoin Cash and Bitcoin SV. All of the transactions it sends are functionally wo
  
  Read more

• Bitcoin Rally Sustains While Investors in Other Crypto Assets Continue To Suffer

  09-05-2019 22:00 via newsbtc.com
  Last night, Bitcoin broke back above $6,000 across the crypto market, and to many, it’s a signal that the bottom is “in” and the bear market is now a lingering memory.
  While the leading cryptocurrency by market cap has nearly doubled since its 2018 low, the rest of the crypto market continues to bleed out, with most altcoins setting new lows in their ratios relative to BTC. With Bitcoin at an inflection point, and much of the market in disbelief, analysts are torn as to whether
  
  Read more

• Crypto Mining App Honeyminer Now Available on MacOS

  09-05-2019 21:57 via cointelegraph.com
  New Jersey-based crypto mining startup Honeyminer has made its services available for MacOS users
  
  Read more

• SEC Commissioner Fears ‘Heel-Dragging’ Will Stifle Crypto Innovation

  09-05-2019 21:31
  SEC Commissioner Hester M. Peirce is worried that the regulators are moving too slowly for the crypto ecosystem.
  
  Read more

• Facebook Founding Member Echoes Elizabeth Warren in Breakup Plea

  09-05-2019 21:30
  By CCN: Those calling for the breakup of Facebook got some support from an unexpected player. Chris Hughes, the co-founder of the social media platform, expressed views in line with presidential hopeful Sen. Elizabeth Warren. In an opinion piece published Thursday by The New York Times, Chris Hughes charged that CEO Mark Zuckerberg has “unchecked power.” He wrote that the Facebook CEO’s influence goes “far beyond that of anyone else in the private sector or in government.
  
  Read more

• Overstock’s Blockchain Arm Receives $5 Mln From Chinese Firm Following Delays

  09-05-2019 21:11 via cointelegraph.com
  Retail giant Overstock’s blockchain subsidiary has received a $5 million investment from Chinese investment firm GSR Capital
  
  Read more

• Is Ripple (XRP) the Liquid alternative of Tether or USDC?

  09-05-2019 21:00 via newsbtc.com
  Ripple (XRP) prices slide 1.7 percent
  The rollout of xCurrent 4.0 is an opportunity for banks to upgrade and even adopt xRapidThat the World Bank and the IMF have Ripple Inc in their reports is bullish. At the core, Ripple Inc is introducing speed, efficiency and cost savings in the fund remittance sector searching for alternatives. Even so, the unregulated nature of XRP is slowing down adoption as prices range within a 4 cents zone.
  Ripple (XRP) Price Analysis
  Fundamentals
  For the extended con
  
  Read more

• Bitcoin Price: Mark Yusko’s $400,000 Target is Bold – But Not Insane

  09-05-2019 20:52
  By CCN: Morgan Creek Capital Management founder Mark Yusko spoke to Bloxlive.tv about the Binance hack and his startling prediction that Bitcoin will eventually be worth $400,000. Morgan Creek Founder: Hackers Prove the Value of Crypto Yusko made a compelling case, taking a positive out of the massive $40 million loss that Binance suffered, saying that hackers prove the value of Bitcoin. “People don’t steal things that don’t have value. The fact that hackers are going to all th
  
  Read more

• PayPal CFO Says Firm Not Interested in Crypto Sector Right Now

  09-05-2019 20:48 via cointelegraph.com
  PayPal CFO John Rainey said that the company is not getting notably involved in the crypto sector at the moment
  
  Read more

• Weekly Bitcoin Price Indicator Prints Strongest Bull Signal Since Early 2018

  09-05-2019 20:20
  Bitcoin's weekly relative strength index (RSI) has printed its highest value since 2018, showing its momentum is firmly back in bullish territory.
  
  Read more

• Twitter’s Stock Could Feel More Love if Jack Dorsey Would OK Crypto Ads

  09-05-2019 20:10
  By CCN: Twitter needs to update its restricted content policies for financial products and services as it relates to crypto. The company is behind the times now that Facebook has decided to loosen up about the market. Jack Dorsey is one of bitcoin’s biggest fans in Silicon Valley. Yet for some reason, his social media company remains mired in red tape for crypto startups looking to advertise. Twitter implemented the ban on crypto-related ads last year. If he would apply a similar approach
  
  Read more

• Ethereum (ETH) Decoupling, Project Has More Monthly Active Developers

  09-05-2019 20:00 via newsbtc.com
  Ethereum (ETH) up 5.3 percent
  Monthly active developers in Ethereum high at 216On average there are 216 monthly active developers working on improving Ethereum (ETH) better. That is bullish now that the aim is to transition from Proof-of-Work to a staking system in Serenity. In the long term, ETH is bullish. Meanwhile, prices must close above $190 in a breakout trade.
  Ethereum Price Analysis
  Fundamentals
  The crypto space is vibrant and back to green. Even so, we should note that there is a degr
  
  Read more

• Desktop Crypto Mining App HoneyMiner Comes to MacOS

  09-05-2019 19:45
  HoneyMiner, the desktop-based crypto miner, now works on MacOS.
  
  Read more

• Stock Market Storms Back as Trump Teases ‘Very Strong’ Trade Odds

  09-05-2019 19:33
  By CCN: The US stock market stormed into recovery mode on Thursday afternoon after President Donald Trump revealed that he remains optimistic about the odds of the US-China trade deal that increasingly appears to have slipped from the administration’s grasp. Stock Market Bounces Back from Brutal Decline All of Wall Street’s major indices bounced back from brutal intraday lows. The Dow Jones Industrial Average recovered more than 200 points to 25,778.69, though the DJI remained 188.64
  
  Read more

• FinCEN Says Some Dapps Are Subject to US Money Transmitter Rules

  09-05-2019 19:30
  Decentralized applications (dapps) may sometimes qualify as money transmitters under U.S. law, FinCEN said.
  
  Read more

• ‘We’ll Tokenize the House’: Mortgages Are Coming to Ethereum This Summer

  09-05-2019 19:00
  Fintech startup Fluidity plans to launch ethereum-powered mortgages in California and New York, CoinDesk has learned.
  
  Read more

• Morgan Creek’s Mark Yusko Explains His $400,000 Bitcoin Price Prediction

  09-05-2019 19:00 via newsbtc.com
  Bitcoin’s gradually developing infrastructure could send its value to $400,000, according to Mark Yusko.
  The Morgan Creek Capital Founder told BloxLive TV that the world’s largest cryptocurrency was perhaps a decade away from becoming a Digital Gold. He explained that Bitcoin was gaining adoption in similar ways the yellow metal did over the gone centuries. But the cryptocurrency was few steps ahead Gold in terms of use cases. Excerpts from Yusko’s statement:
  “Bitcoi
  
  Read more

• Bitcoin (BTC) Dominance Jump after Price Spike, Analysts Cautious

  09-05-2019 19:00 via newsbtc.com
  Bitcoin (BTC) up above $6,000 adding 12.4 percent
  Divergence in volumes despite strong fundamentalsAnalysts are throwing caution to wind warning investors that prices may correct lower in days ahead. All the same, Bitcoin (BTC) bulls are firm, trading above $6,000, rejecting lower lows and up 12.4 percent in the last week.
  Bitcoin Price Analysis
  Fundamentals
  After a long, dilapidating winter, bulls are back, and to that end, it is a new milestone for the world’s most valuable coin. Althou
  
  Read more

• ECB President Mario Draghi: Cryptos Are Not Currencies, They Are Very Risky Assets

  09-05-2019 18:49 via cointelegraph.com
  Cryptocurrencies are not real currencies, according to European Central Bank president Mario Draghi
  
  Read more

• Authorities Dismantle $10 Million Crypto Money-Laundering Ring in Spain

  09-05-2019 18:45
  By CCN: A crypto money-laundering ring that was offering its services to other criminal enterprises has been dismantled in Spain. The Crime as a Service operation is believed to have laundered approximately $10.08 million (€9 million) using bitcoin and other cryptocurrencies. Guardia Civil (Spanish Civil Guard) arrested eight people in connection with the crime while charging eight more for involvement. Wallets containing 9 million euros were also frozen. This included 20 hot wallets and fo
  
  Read more

• Warning: Punishing Technical Outlook Threatens to Clobber Dow Jones

  09-05-2019 18:43
  By CCN: To say that Trump’s trade tussle against China is hurting the stock market would be a gross understatement, as the president’s inflammatory rhetoric has clobbered the Dow Jones Industrial Average. However, investors should not only be concerned about the number of points the stock market lost in the last couple of weeks, as the timing of this development is equally as crucial. These 9 Dow Stocks Will Crash if Trump’s Trade Deal Bombs: Goldman Sachs https://t.co/yqY6qXMD
  
  Read more

• INLOCK Launches a Peer-To-Peer Lending for Cryptocurrency Holders - AiThority

  09-05-2019 18:35
  INLOCK Launches a Peer-To-Peer Lending for Cryptocurrency Holders  AiThorityINLOCK peer-to-peer lending platform let cryptocurrency holders to access the purchasing power of their digital assets without spending them.
  
  Read more

• ‘Critical’ MakerDAO Vulnerability Could Have Frozen Voter Funds, Auditors Say

  09-05-2019 18:27
  The vulnerability that was disclosed by the MakerDAO Foundation this week could have put user funds in jeopardy by preventing withdrawals of MKR tokens.
  
  Read more

• CryptoKitties Creator Launches “Smart Wallet” Dapper Supporting NFTs and ERC-20 Tokens

  09-05-2019 18:23 via feedproxy.google.com
  
  Dapper Labs, the company behind the viral Ethereum-based virtual game CryptoKitties, has announced the launch of Dapper, a “smart wallet” supporting ERC-721 tokens and a range of ERC-20 tokens including MANA (Decentraland), EMONT (Etheremon), USDC (USD Coin), BNB (Binance), OMG (OmiseGo) and VEN (VeChain). Designed to make it easier to interact with non-fungible tokens (NFTs) […]
  The post CryptoKitties Creator Launches “Smart Wallet” Dapper Supporting NFTs and ERC-
  
  Read more

• Here’s Why Bitcoin Price is Looking at an Eye-Popping Bull Run

  09-05-2019 18:00 via newsbtc.com
  Hackers stole $40 million worth of bitcoin from one of the largest cryptocurrency exchanges; the New York Attorney General sued a bitcoin exchange for allegedly hiding its insolvency; the Chinese government hinted that it would ban bitcoin mining operations. But none of these adverse events could stop the cryptocurrency from rising above $6,000.
  The BTC/USD instrument on Thursday reached its 2019 high towards $6,096, its highest in 2019. The price action helped the pair reclaim a psychological t
  
  Read more

• Why Cryptocurrency Investors Are Renouncing Their US Citizenship - Bitcoin News

  09-05-2019 17:35
  Why Cryptocurrency Investors Are Renouncing Their US Citizenship  Bitcoin NewsAndrew Henderson is the founder of Nomad Capitalist, a company which helps people from around the world move to different countries while minimizing their ...
  
  Read more

• Fundamental Labs Fund to Invest $44 Million in Brand-New Bitcoin Miners

  09-05-2019 17:30
  A bitcoin mining fund is investing $44 million in brand-new hardware, a longer-term bet than most are making.
  
  Read more

• Liechtenstein’s Government Passes New Regulation Concerning Blockchain and Tokens

  09-05-2019 17:23 via cointelegraph.com
  New token, virtual asset service provider and blockchain regulation has been passed by the government of Liechtenstein
  
  Read more

• Buffett’s Berkshire Scammed Out of Staggering $340 Million by Solar Ponzi Fraud

  09-05-2019 17:16
  By CCN: Berkshire Hathaway, the multinational corporation led by billionaire Warren Buffett, posted a $377 million first-quarter charge for investment losses related to a solar Ponzi scheme. Berkshire invested $340 million in Ponzi scheme Berkshire made the disturbing revelations in a regulatory filing during its annual shareholders meeting last weekend. In the filing, the holding company admitted that it was the victim of a massive Ponzi scheme. “In December 2018 and during the first quar
  
  Read more

• Overstock’s Revenue Decreases 17% in Q1 2019 From Q1 2018 Due to Decline in Sales

  09-05-2019 17:05 via cointelegraph.com
  Online retail giant and major crypto industry disruptor Overstock.com has seen a 17% decrease in revenue in Q1 2019 from Q1 2018
  
  Read more

• Little-Known Stock Surges 214% After Surprising Trump Tweet

  09-05-2019 17:02
  By CCN: It’s not rare for Donald Trump’s social media antics to trigger a stock market sell-off, but one unexpected tweet from the president sent a little-known stock surging more than 200% this week. Trump Tweet Catalyzes Spectacular Stock Rally Writing in a Wednesday morning tweet, President Trump revealed that electric truck maker Workhorse planned to buy GM’s “beautiful Lordstown Plant” in Ohio following its recent closure. GREAT NEWS FOR OHIO! Just spoke to Mar
  
  Read more

• Swiss Post Partners With Blockchain Startup on Temperature Monitoring Shipments Solution

  09-05-2019 16:53 via cointelegraph.com
  Switzerland’s national postal service Swiss Post has cooperated with blockchain firm Modum to further develop a temperature monitoring solution for shipments
  
  Read more

• 3 Reasons Bitcoin Price Will Sprint Beyond 2019-High $6,000

  09-05-2019 16:41
  By CCN: The bitcoin price on Thursday broke above $6,000, a psychological level, to establish a fresh 2019 high. The bitcoin-to-dollar exchange rate settled an intraday peak towards $6098.21, bringing its best year-to-date performance to 64-percent. The asset’s upside sentiment against the dollar, as well as other leading cryptocurrencies, further pushed its dominance upward to 57-percent, its highest since December 4, 2017. Meanwhile, it’s market capitalization jumped above $10
  
  Read more

• Bitfinex Token Sale Has Lined Up $1 Billion in Commitments, Shareholder Says

  09-05-2019 16:35
  Bitfinex's parent has received $1 billion in hard and soft commitments for its exchange token sale, a shareholder says.
  
  Read more

• $20,000 Bitcoin Price Redux Coming in 2021, Claims Billionaire Crypto Bull

  09-05-2019 16:13
  Bitcoin bull and founder of crypto merchant bank Galaxy Digital is of the opinion that the cryptocurrency’s upward trend is only getting started and has much more room ahead. Speaking to CNN during the SALT Conference in Las Vegas, Novogratz said that after crossing the $6,000 level, the next target point will be $10,000. $6,000 probably is a stall point. We take out $6,000 the next one is $10,000. Would I be happy if we ended the year at $10,000? Certainly, I would! Bitcoin price revisits
  
  Read more

• Hong Kong Fund’s Projected $400 Million Overstock Investment Ends With $5 Million Close

  09-05-2019 16:05
  GSR Capital has closed on its investment in Overstock.com's tZERO, security token platform, after months of delays.
  
  Read more

• Did Aftermath of Binance Hack Show Bitcoin is Not as Decentralized? Not Quite

  09-05-2019 16:00 via newsbtc.com
  The aftermath of the Binance hack has left the industry confounded. While the price of Bitcoin remains steady, following a slight dip on the news, the incident has once again raised questions over security and, given Changpeng Zhao’s (CZ) motion to “rollback” the network, whether Bitcoin is as decentralized as we are led to believe.
  Binance Hack
  Yesterday, Binance released a statement to say hackers had stolen 7,000 BTC in a single transaction. The security breach involved mult
  
  Read more

Follow @CryptoNewslock on Twitter!