Cryptocurrency news

• Neo Announces New Consensus Mechanism For Its New Mainnet

  04-06-2019 23:50 via cointelegraph.com
  Neo has developed a new consensus algorithm for its mainnet v2.10.2, the delegated Byzantine Fault Tolerance mechanism 2.0
  
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• Ethereum’s Vitalik Buterin Slams Bitcoin SV: ‘Obviously a Complete Scam’

  04-06-2019 23:30
  By CCN: Ethereum wunderkind Vitalik Buterin maintained his hardline stance on Bitcoin SV in a recent interview, calling Craig Wright’s cryptocurrency a “complete scam.” Speaking with YouTuber Hardcore Crypto, Buterin left little room for interpretation regarding his thoughts on BSV. The Ethereum co-founder also gave his thoughts on decentralized exchanges and the worryingly centralized accumulation of power by Binance. Ethereum Co-Founder: Bitcoin SV is a ‘Complete Scam&r
  
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• SEC Sues Kik Over Illegal Security Token Kin, The Outcome Could Change Crypto Forever

  04-06-2019 23:00 via newsbtc.com
  As expected, the United States Securities and Exchange Commission has sued Kik Interactive Inc. The regulatory body alleges that the social messaging firm turned crypto company broke securities laws when it held its $100 million ICO in 2017.
  Kik argues that it has attempted to work with the SEC over the past 18 months and has spent over $5 million in the process. The company hopes that the outcome of the lawsuit will force the regulator to come up with an alternate definition of what is consider
  
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• Apple CryptoKit for iOS 13 suggests full cryptocurrency wallets are coming to iPhone - CryptoSlate

  04-06-2019 22:58 via cryptoslate.com
  Apple CryptoKit for iOS 13 suggests full cryptocurrency wallets are coming to iPhone  CryptoSlateApple has announced “CryptoKit,” a new framework that will allow developers to perform cryptographic operations securely and efficiently. The newly added ...
  
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• Research: China Leads World in Tether Trading Volumes in 2019

  04-06-2019 22:44 via cointelegraph.com
  Recent analysis states that China is leading the world in the volume of on-chain tether transactions
  
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• US Securities Watchdog Says Desperate Kik Turned to Blockchain Tokens

  04-06-2019 22:30
  By CCN: According to documents tweeted by lawyer Stephen D. Palley, the government accuses Kik of turning to selling tokens out of desperation. The accusation is part of a motion to discover. Will Kik Open the Floodgates? The government is looking to ransack Kik as a result of its decision to buck the system. Not everyone thinks this will go well. Many people have to wonder why Kik is playing ball in quite this fashion, potentially opening itself to a slate of legislative options. If it goes dow
  
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• ‘Badger Wallet’ for Bitcoin Cash Launches On iOS

  04-06-2019 22:30
  Badger Wallet, a popular BCH storage app, is coming to iOS.
  
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• Marshall Islands Form Dedicated Fund to Support Implementation of Its National Crypto

  04-06-2019 22:02 via cointelegraph.com
  The Marshall Islands has announced the SOV Development Fund to support the government in the development of its national digital currency
  
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• Peter Brandt Bearish After Bitcoin Breaks Bullish Trend, Expects Further Reversal

  04-06-2019 22:00 via newsbtc.com
  After two full months of a parabolic uptrend, Bitcoin’s bullish momentum has started to wane, and a deep, overdue correction is expected by much of the crypto community. Following a strong rejection at $9,000, Bitcoin price has fallen below $8,000 where it’s retesting the former support turned resistance.
  The break in Bitcoin price parabola back at the crypto asset’s all-time high of $20,000 resulted in an over 80% decline in value – a decline almost perfectly predicted b
  
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• Peter Brandt Bearish After Bitcoin Breaks Below Parabola, Expects Further Reversal

  04-06-2019 22:00 via newsbtc.com
  After two full months of a parabolic uptrend, Bitcoin’s bullish momentum has started to wane, and a deep, overdue correction is expected by much of the crypto community. Following a strong rejection at $9,000, Bitcoin price has fallen below $8,000 where it’s retesting the former support turned resistance.
  The break in Bitcoin price parabola back at the crypto asset’s all-time high of $20,000 resulted in an over 80% decline in value – a decline almost perfectly predicted b
  
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• Blockchain-Based Alternative Investment Firm to Be Listed on Bloomberg Terminal

  04-06-2019 21:37 via cointelegraph.com
  A blockchain-based alternative investment provider that tokenizes commercial debt is being listed on the Bloomberg Terminal
  
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• Tesla Stock Leads Nasdaq Rally – 2 Factors Supercharging the Recovery

  04-06-2019 21:30
  By CCN: As major US stocks mount a massive comeback following Fed Chair Jerome Powell’s dovish comments, the Nasdaq is roaring into recovery mode. Curiously, the tech stock leading the march higher is the much-maligned Tesla (TSLA), up more than 7% on the day. 2 Factors Powering Tesla Stock’s Recovery It is no secret that Tesla and Elon Musk have been battered by a relentless storm of bearish news this year. Whether it be wild cash burn or a lack of consumer demand, the EV manufactur
  
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• Bitcoin’s Pain, Craig Wright’s Gain: BSV Defies Crypto Bloodbath

  04-06-2019 21:30
  By CCN: Is self-proclaimed “bitcoin inventor” Craig Wright crazy? Or is he crazy like a fox? While the bitcoin price is plunging this week, Bitcoin Satoshi Vision — the cryptocurrency championed by Wright — has notched record highs. In fact, BSV is one among a tiny handful of digital currencies whose price is climbing while bitcoin — the original cryptocurrency — is flailing. BSV Climbs While BTC Sinks It’s unclear what’s driving this rally, but BS
  
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• NEM Ventures Backs Blockchain-Enabled Ridesharing App Mobi

  04-06-2019 21:22 via feedproxy.google.com
  
  NEM Ventures, the venture capital and investment arm of the NEM blockchain ecosystem, has announced an undisclosed seed funding round in Mobi, a ridesharing app allowing for safe and affordable carpooling that leverages the NEM blockchain, NEM Ventures said on Tuesday. Developed by Australia-based Divi Australia, Mobi is an online platform that facilitates communication and […]
  The post NEM Ventures Backs Blockchain-Enabled Ridesharing App Mobi appeared first on Coinjournal.
  
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• SEC sues messaging app Kik for its $100 million cryptocurrency offering - CNBC

  04-06-2019 21:09 via cnbc.com
  SEC sues messaging app Kik for its $100 million cryptocurrency offering  CNBCThe Securities and Exchange Commission has filed a $100 million lawsuit against Canadian social-media startup Kik Interactive for selling unregistered tokens ...
  
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• Crypto Trading Platform OKCoin Expands Its Services and Opens Office in Malta

  04-06-2019 21:09 via cointelegraph.com
  OKCoin’s customers can now trade with euro and participate in euro spot trading for BTC, ETH, and BCH
  
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• Meteoric Dow Jones Rally is Nothing But Smoke & Mirrors

  04-06-2019 21:02
  By CCN: The Dow and broader U.S. stock market rebounded sharply on Tuesday after Federal Reserve Chairman Jerome Powell more or less laid the groundwork for rate cuts in the near future. The Fed chief’s comments came less than a day after CCN reported that Wall Street was becoming more convinced that the era of ultra-loose monetary policy would return very soon. Dow Returns to Strength; S&P 500, Nasdaq Follow All of Wall Street’s major indexes posted massive gains on Tuesday, mir
  
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• Ongoing Ethereum (ETH) Correction Gives Buyers a Chance to Accumulate

  04-06-2019 21:00 via newsbtc.com
  Ethereum (ETH) drops 3.7 percent
  SEC flexibility shall boost innovationThe motive of Blockchain.com’s acquisition of a blockchain startup is to merge knowledge, work towards improving security, and solving interoperability issues. However, that was not enough to move this market. Ethereum (ETH) is down 3.7 percent in the last 24 hours.
  Ethereum Price Analysis
  Fundamentals
  The crypto markets may be shaky, but that’s just about it. Fundamentals and other on-chain developments are bull
  
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• SEC Sues Kik for Conducting Allegedly Unregistered $100 Million ICO in 2017

  04-06-2019 20:53 via cointelegraph.com
  The U.S. Securities and Exchange Commission has sued Kik for raising $100 million in an allegedly unregistered token offering in 2017
  
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• SEC sues Kik for $100 million for sale of cryptocurrency - Washington Examiner

  04-06-2019 20:43 via washingtonexaminer.com
  SEC sues Kik for $100 million for sale of cryptocurrency  Washington ExaminerSEC sues messaging app Kik for its $100 million cryptocurrency offering  CNBCSEC expands its war on cryptocurrency companies with a lawsuit against Kik  TechCrunchAre Digital Tokens Securities? The SEC's Kik Interactive Lawsuit May Clarify Cryptocurrency Rules  FortuneMessaging app sued by US regulator over cryptocurrency launch  The TelegraphView full coverage on Google
  
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• FANG Stocks to Get Pummeled by Escalating DOJ Antitrust Probes

  04-06-2019 20:40
  By CCN: How bad will things get for the FANG stocks amidst the DOJ antitrust probe? Bad. Worse than it already has been. I expect 30% downside for Facebook, Amazon, and Google stocks, and they will bring down Netflix and Apple. Donald Trump Goes Full Pitbull The DOJ probe is entirely political. Google, Facebook, and Twitter have been censoring conservatives. The instances of blocks, bans, shadow bans, and internal memo leaks take this well beyond coincidence. Donald Trump knows the influence tha
  
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• California CPAs Push for Crypto Accounting Clarity

  04-06-2019 20:30
  Accountants want to fill gaps in the U.S. GAAP when it comes to cryptocurrencies.
  
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• Bitcoin Will Conquer Wall Street – And Everything Else: Ex-Coinbase CTO

  04-06-2019 20:30
    By CCN: Bitcoin will completely disrupt the entire tech industry, Silicon Valley, and Wall Street. That’s the wildly-optimistic outlook of a former executive at crypto unicorn Coinbase. Crypto Will Disrupt EVERYTHING Despite making a surprise exit from the cryptocurrency exchange last month, Balaji Srinivasan says he remains a firm believer in bitcoin’s future. Srinivasan served as Coinbase’s chief technology officer (CTO) for close to a year before announcing his depart
  
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• Cryptocurrency founder paid $4.6M to eat lunch with Warren Buffett - Yahoo Finance

  04-06-2019 20:19 via finance.yahoo.com
  Cryptocurrency founder paid $4.6M to eat lunch with Warren Buffett  Yahoo FinanceJustin Sun founder of cryptocurrency Tronix and CEO of Bittorrent paid $4.6 million for a charity lunch with Warren Buffett.
  
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• FBI steps up investigation into defunct QuadrigaCX cryptocurrency exchange - Global News

  04-06-2019 20:06 via globalnews.ca
  FBI steps up investigation into defunct QuadrigaCX cryptocurrency exchange  Global NewsThe FBI has stepped up its investigation into the spectacular demise of the Vancouver-based QuadrigaCX cryptocurrency exchange. The victims services section of the FBI has posted a survey on its website asking potential victims to disclose details about their account balances, transactions and other financial records. READ MORE: Investigation of QuadrigaCX cryptocurrency debacle turns up $28 million
  
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• Bitcoin Buyers Exhausted: Is This a Pause Before the $10,000 Push?

  04-06-2019 20:00 via newsbtc.com
  BTC is weak, down 6.1 percent
  Real FOMO is after BTC blast past $10,000 according to Tom LeeAfter two months of higher lows and higher highs, BTC bulls are exhausted. In the last day, the asset is down 6.1 percent. As bears press lower, it is likely that prices will crumble to $7,500 or worse in an inevitable correction.
  Bitcoin Price Analysis
  Fundamentals
  There is a market-wide price dump, and understandably so, Bitcoin is undergoing a correction. Like most high liquid crypto assets, BTC is re
  
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• SEC Charges Kik Interactive for $100m Kin Coin ICO

  04-06-2019 19:41
  The Canadian company is said to have violated US securities laws with its token sale
  
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• 5 Reasons to Attend the Barcelona Trading Conference

  04-06-2019 19:32
  The Barcelona Trading Conference has something for everyone, taking place on July 10-11
  
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• Justin Sun Says Warren Buffett Has Been ‘Misled’ on Crypto & Blockchain

  04-06-2019 19:30
    By CCN: Tron Founder Justin Sun rocked Wall Street when he made the winning bid for the coveted lunch with billionaire investor Warren Buffett. In one fell swoop, he was able not only to capture the attention of bitcoin-hater Buffett but also CNBC’s Becky Quick, who until now has echoed the sentiment of her golden goose guest. Now Sun is in the driver’s seat, and he has plenty to say about why he made the famous $4.57 million bid, which was too rich for the blood of other auct
  
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• The Stock Market Flashed a Catastrophic Warning, But No One’s Listening

  04-06-2019 19:03
  By CCN: The U.S. stock market is sounding a catastrophic recession warning. The evidence is flashing in bright colors, and the alarms are absolutely deafening. But no one on Wall Street is listening. Twice this year, the 3-month (short-term) Treasury yield was greater than the 10-year (long-term) Treasury yield, in what’s known as an inverted yield curve. This indicator is a strongly-correlated precursor to an economic downturn. The longer it lasts, the more likely the recession, Business
  
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• After Six Months of Bliss, Litecoin (LTC) Might be Preparing to Sink to $60

  04-06-2019 19:00 via newsbtc.com
  Litecoin (LTC) slide 4.9 percent
  Halving talk dominates, demand expected to increaseLike Bitcoin (BTC), Litecoin is peaking, dropping 11.4 percent from last week’s close. That’s despite the impending block reward reduction, set to activate in early August, and other inbound positive fundamental factors. All in all, any break out above $120 will catalyze participation, driving demand, wiping the losses of May 30’s downturn.
  Litecoin Price Analysis
  Fundamentals
  In the top 10, Li
  
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• Technology Will Force Regulator’s Hand, Says Bit2C Executive

  04-06-2019 18:50
  Ron Tsarfaty was speaking at the Annual Cryptocurrency Conference in Tel Aviv
  
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• The SEC Is Suing Kik for Its 2017 ICO

  04-06-2019 18:34
  The U.S. Securities and Exchange Commission has filed suit against Kik over its 2017 initial coin offering.
  
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• Crypto Exchange Bankrupt After Blockport STO Ends in Utter Disaster

  04-06-2019 18:30
  By CCN: Amsterdam-based cryptocurrency exchange Blockport has declared bankruptcy after its security token offering (STO) flamed out in disastrous fashion. Blockport launched a token sale between April 16 and May 15, in which the crypto exchange sought to raise €5 million ($5.62 million). But it didn’t work out as planned. Crypto Exchange Token Crashes 93% After STO Announcement In a blog post last month, Blockport Founder and Chief of Product Sebastiaan Lichter announced that the pro
  
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• US Federal Bureau of Investigation Calls for QuadrigaCX Users to Provide Information

  04-06-2019 18:03 via cointelegraph.com
  Victims in the aftermath of the QuadrigaCX scandal have been called on to provide information by the United States Federal Bureau of Investigation
  
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• US FBI Calls for QuadrigaCX Users to Provide Information

  04-06-2019 18:03 via cointelegraph.com
  Victims in the aftermath of the QuadrigaCX scandal have been called on to provide information by the United States Federal Bureau of Investigation
  
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• The SEC Knows A Lot About Cryptocurrency - ETHNews

  04-06-2019 17:54 via ethnews.com
  The SEC Knows A Lot About Cryptocurrency  ETHNewsThere were plenty of surprises at the US Security and Exchange Commission's FinTech Forum last week, but most of all was the level of technical know-how the ...
  
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• Dutch Crypto Exchange Blockport to Attempt Relaunch After Bankruptcy Caused by Failed STO

  04-06-2019 17:48 via cointelegraph.com
  Dutch crypto exchange Blockport will try to relaunch the platform after the firm declared bankruptcy following a failed STO
  
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• This Stock Market Lifeline Could Come from a Surprising Place: Australia

  04-06-2019 17:37
  By CCN: The U.S. stock market struggled for much of the past month, sending the S&P 500, Dow Jones, and Nasdaq lower amid a rapidly-intensifying U.S.-China trade conflict. However, a growing number of equity strategists expect the Federal Reserve to slash its benchmark interest rate, and the impetus for that policy shift could come from a surprising location: Australia. Australia’s Rate Cut Previews Bullish Scenario for US Stock Market On Tuesday, the Reserve Bank of Australia cut the
  
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• TRON Assemble: Justin Sun’s Crack Team to Save Doom-Bringer Buffett

  04-06-2019 17:30
    By CCN: In the past week or so TRON CEO Justin Sun teased his followers with multiple announcements concerning upcoming…er, announcements. His tweets were enough to launch the values of TRX and BitTorrent (BTT) to between 20% and 40% gains, cementing Sun’s reputation as crypto’s prime hype-man. But just when you thought Justin Sun couldn’t get any worse…he goes and totally redeems himself! As part of Sun’s recently won $4.5 million lunch date with &ld
  
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• The World’s Biggest Crypto Exchange is Testing a British Pound Stablecoin

  04-06-2019 17:19
  By CCN: Binance CEO Changpeng Zhao let the cat out of the bag on Twitter late last night: Binance is launching its own stablecoin. Binance’s Last Mile: Its Own Liquidity Market? A user hoped to see a true stablecoin, pointing out that all of the existing options were down at least 2%. CZ responded that the exchange is currently in “testing” phases for its stablecoin product. Fact is, when stablecoins see use in actual trading, demand might shift in either direction, occasionall
  
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• Billionaire Investor Blows Cold on Donald Trump 2020 Win and Bitcoin

  04-06-2019 16:33
  By CCN: Nothing will get billionaire investor Stan Druckenmiller interested in bitcoin. Specifically, Druckenmiller is not sold on the cryptocurrency being a store of value, according to Bloomberg. In his view, however, this stance on Bitcoin does not make him a technophobe: I don’t think I’m a neanderthal, which is what I’ve been called when I’ve said I didn’t want to own Bitcoin. Interestingly, at a time when speculation was rife that last month’s Bitcoin ra
  
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• The Proof of the Working Products Is the Reason for Market’s Revival?

  04-06-2019 16:02 via newsbtc.com
  The cryptocurrency market reflects how participants feel about blockchain’s progress, namely its biggest obstacles and how projects using blockchain navigate them. These feelings and perceptions determine how people act in the market, and there are times when the majority are all in agreement. Typically, periods of concentrated optimism or pessimism about blockchain push the price of nearly every cryptocurrency up or down, and there’s always a fundamental theme providing some sort of
  
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• The FBI Is Looking for QuadrigaCX Victims

  04-06-2019 16:00
  The FBI published a questionnaire for potential victims of QuadrigaCX on Monday.
  
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• Binance Launches Native Trust Wallet on Binance DEX

  04-06-2019 15:58 via cointelegraph.com
  Binance, the world’s second largest crypto exchange by adjusted volume, has released its official Trust Wallet on its decentralized trading platform Binance DEX
  
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• Binance Launches Native Trust Wallet on Binance Decentralized Exchange (DEX)

  04-06-2019 15:58 via cointelegraph.com
  Binance, the world’s second largest crypto exchange by adjusted volume, has released its official Trust Wallet on its decentralized trading platform Binance DEX
  
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• Greedy Apple Launches Laughably Expensive $999 Monitor Stand

  04-06-2019 15:50
  By CCN: In what can only be described as a marketing gimmick, Apple launched its “all-new Mac Pro and groundbreaking Pro Display XDR” for $4,999. There’s just one catch though. If you want a stand to go with it you’re going to have to cough up more than that. A standard VESA mount will set you back an additional $199 while Apple’s proprietary version of a stand will cost a hefty $999. The XDR is only available to order later this fall which gives Apple plenty of tim
  
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• Trend Micro: BlackSquid Malware Infects Servers to Install Monero Cryptojacking Software

  04-06-2019 15:43 via cointelegraph.com
  Eight different security exploits are employed by a malware dubbed BlackSquid to infect web servers and install mining software
  
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• Dutch Crypto Exchange Blockport Shuts Down, Vows to Return

  04-06-2019 15:41
  Amsterdam-based crypto exchange Blockport has been been forced to close due to lack of cash, but it's pledged to rebuild.
  
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• Dow Skyrockets After China’s Abrupt Trade War Reversal Stuns Market

  04-06-2019 15:37
  By CCN: The Dow sped toward a fabulous recovery on Tuesday after the Chinese government appeared to make a stunning reversal to its suddenly-hostile trade war strategy, reigniting hopes that Donald Trump and Xi Jinping will shake hands on a trade agreement at the upcoming G-20 summit. Dow Mounts Strong Recovery All of Wall Street’s major indices soared at the opening bell. As of 9:33 am ET, the Dow Jones Industrial Average had jumped by 229.48 points or 0.92%; the rally launched the DJIA t
  
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