Cryptocurrency news

• Cryptic FBI Tweet Exposes Top Secret ‘Bigfoot Files’

  05-06-2019 23:59
  By CCN: The FBI Records Vault recently unsealed documents from a blockbuster 1976 “Bigfoot” investigation. But the disclosure may raise some hairy questions. The Bureau tweeted a link to the big revelation – and the apparently previously-secret documents – with one cryptic word: “Bigfoot.” The documents reveal a request by The Bigfoot Information Center and Exhibition for any FBI records of rumored previous Bigfoot investigations by the Bureau. The letter also
  
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• ‘Gold Is Superior To Bitcoin,’ Say People Who Sell Gold

  05-06-2019 23:45
  The founder of GoldMoney.com is upset that Grayscale compared gold unfavorably to cryptocurrencies.
  
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• Binance to Reportedly Introduce Its Own Stablecoins ‘Within Two Months’

  05-06-2019 23:45 via cointelegraph.com
  Binance will reportedly issue its own stablecoins within two months, with the goal to make stablecoins available for more of the world’s currencies
  
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• Stock Market’s Silly Rate Cut Rally Could Easily End in S&P 500 Implosion

  05-06-2019 23:35
    By CCN: The stock market has officially exited its mid-year slump. The Dow Jones surged more than 500 points on Tuesday. It added more than 200 points to the tally today. The S&P 500, meanwhile, has climbed nearly four percent from its recent low. This massive reversal in sentiment came about as the Fed has reversed course and now looks set to cut interest rates. But that’s hardly an all-clear sign for the stock market. Past Rate Cuts Often Preceded Market Wipeouts Rate cuts hav
  
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• US SEC Adds Fraud to List of Charges Against ‘Crypto’ Firm Longfin

  05-06-2019 23:30 via cointelegraph.com
  The SEC has filed charges of fraud against purported blockchain-related firm Longfin Corp
  
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• Bittrex Joins the IEO Train with STP Offering for Tokenizing Any Asset

  05-06-2019 23:30
  By CCN: Bittrex now officially joins the IEO race with an announcement that it will be hosting the initial offering of something called Standard Tokenization Protocol, or STP. Initial Exchange Offerings (IEOs) are fundraising events similar to an ICO but they are administered by an exchange. STP Looks to Tokenize Any Asset, Blockchain All Things STP is the latest in a long line of products that seeks to revolutionize several industries by making it possible to “tokenize any asset.” A
  
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• P2P Bitcoin Exchange HodlHodl Launches Lightning Network Support

  05-06-2019 23:10 via cointelegraph.com
  Lightning Network support has been launched by non-custodial peer-to-peer exchange HodlHodl
  
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• Every Game This South Korean Startup Makes Has Its Own Blockchain

  05-06-2019 23:00
  If you have ten games then you need ten blockchains says Planetarium's CEO Kijun Seo.
  
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• Bitcoin Payment Processor BitPay Experiences So-Far Unexplained Downtime

  05-06-2019 23:00 via newsbtc.com
  Popular Bitcoin (BTC) payment processing service BitPay is currently experiencing downtime. The company’s support team announced the news via Twitter earlier today.
  In recent months, many Bitcoin acceptance stories have revolved around the use of BitPay. Although the service is clearly helping Bitcoin become more mainstream through its high profile partnerships, outages such as today’s only serve to remind us what is truly special about BTC.
  BitPay Goes Down, Bitcoin Never Goes Down
  
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• Interested in cryptocurrency and blockchain? Wharton has a new online course, for free - The Philadelphia Inquirer

  05-06-2019 22:56
  Interested in cryptocurrency and blockchain? Wharton has a new online course, for free  The Philadelphia InquirerA new online package focuses on cryptocurrency, blockchain, crowdfunding and insurtech.
  
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• Report: Facebook to Announce Cryptocurrency Project This Month

  05-06-2019 22:44 via cointelegraph.com
  Social media giant Facebook will reportedly announce its cryptocurrency project this month
  
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• Report: Facebook plans to create independent foundation to manage its cryptocurrency; will charge members $10M licensing fees for right to operate node - The Block Crypto

  05-06-2019 22:35
  Report: Facebook plans to create independent foundation to manage its cryptocurrency; will charge members $10M licensing fees for right to operate node  The Block CryptoFacebook is creating an independent foundation to govern its cryptocurrency, according to a report by The Information. The social media giant has reached out ...
  
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• Firm That Saw Stock Boost After Crypto ‘Pivot’ Hit With New SEC Charges

  05-06-2019 22:30
  The SEC filed fresh fraud charges against Longfin Corp. on Wednesday, alleging the company falsified its accounting. Longfin's stock price jumped after it announced a crypto pivot in 2017.
  
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• Bitcoin Brawl: ‘Faketoshi’ Craig Wright Savages ‘McScammer’ McAfee

  05-06-2019 22:30
    By CCN: Delving into the blog of self-proclaimed Bitcoin creator Craig Wright continues to produce combustible findings. This week Wright continued his assault on the sea-faring John McAfee, who Wright called a criminal, and dared him to take it to court. That might be tough for McAfee, who supposedly lives in international waters while on the run from U.S tax authorities – and running for president himself. Amid this apparent stalemate, Craig Wright continued to push the prospects
  
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• Buy Bitcoin: Why Dollar Cost Averaging Is the Crypto Investor’s Best Bet

  05-06-2019 22:00 via newsbtc.com
  Investing isn’t as easy as it seems on the surface, especially when in comes to a highly volatile, high-risk, emerging asset like Bitcoin and other crypto assets. Much research and due diligence is required by the investor to ensure their investments are fundamentally sound, and their price charts display positive technical setups before taking a chance to buy Bitcoin.
  Learning to trade, or time the market by buying high and selling low, is often a zero sum game for any inexperienced inves
  
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• South Korean Post Teams Up With Crypto Exchange to Apply Blockchain

  05-06-2019 21:35 via cointelegraph.com
  South Korea’s national postal service Korea Post teamed up with cryptocurrency exchange Coinplug to apply blockchain technology in its billing system
  
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• Privacy Crypto Grin’s First Hard Fork Planned for Mid-July

  05-06-2019 21:34
  This summer will see the first network upgrade for Grin, a privacy-oriented cryptocurrency that uses the technology Mimblewimble.
  
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• Privacy Crypto Grin’s First Hard Fork Planned for July

  05-06-2019 21:34
  This summer will see the first network upgrade for Grin, a privacy-oriented cryptocurrency that uses the technology Mimblewimble.
  
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• Reality TV’s Big Brother Creator Targets Facebook for Fake Bitcoin Ads

  05-06-2019 21:30
  By CCN: John de Mol, who is behind the reality television hit show “Big Brother,” blames Facebook for scammers using his likeness on fraudulent bitcoin-fueled ads that stole nearly $2 million from investors. De Mol, who according to Forbes is worth $1.7 billion, has reportedly filed a complaint in an Amsterdam court against the social media giant for not doing more to prevent the alleged crypto frauds. The ads, which reportedly lured investors to buy bitcoin or engage in crypto-relat
  
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• Dow Pumps After Fed Capitulation Takes Stock Market Off Life Support

  05-06-2019 21:16
  By CCN: The Dow and broader U.S. stock market extended their relief rally on Wednesday, as traders continued to raise bets that the Federal Reserve will cut interest rates following its July policy meeting. Markets are now being driven almost entirely by hope even as the Department of Justice and Federal Trade Commission continue to broaden their antitrust probes of Silicon Valley’s largest technology companies. Dow Extends Relief Rally; S&P 500, Nasdaq Follow All of Wall Street’
  
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• California Public Accountants Seek Clarity on Cryptocurrency Holdings

  05-06-2019 21:10 via cointelegraph.com
  California public accountants are seeking clarity on reporting cryptocurrencies, as current standards are reportedly insufficient
  
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• The SEC Can’t Keep Kik-ing the Crypto Can Down the Road

  05-06-2019 20:45
  The SEC's case against Kik shows clear, consistent guidance on tokens is still needed, argues a Cato Institute scholar.
  
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• A government-backed cryptocurrency is gearing up to launch following fund creation and UN talks - The Block Crypto

  05-06-2019 20:45
  A government-backed cryptocurrency is gearing up to launch following fund creation and UN talks  The Block CryptoThe Marshall Islands could see its own cryptocurrency replace the US dollar, and a new fund is being launched to spur the digital asset's adoption. The so-called ...
  
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• BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX: Price Analysis 05/06

  05-06-2019 20:35 via cointelegraph.com
  Where are major coins heading in the near future? Let’s take a look at the charts
  
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• Bitcoin Price: These Charts Prove BTC Will Suffer a Brutal Crash

  05-06-2019 20:30
    By CCN: Thinking of buying bitcoin at current prices? Think again. The cryptocurrency has surged so far, so rapidly, that its rally is already starting to crater. While the coming implosion will exert pain across the entire market, it should present new opportunities that savvy investors can leverage to enhance the long-term value of their holdings. One profitable opportunity that we’re monitoring is the flow of capital out of bitcoin and into altcoins. With the capital outflow
  
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• Japan Hopes to Set Global Crypto Law Benchmark With Latest Regulatory Update

  05-06-2019 20:13 via cointelegraph.com
  Coincheck voices its concern over new crypto laws in Japan, while other exchanges claim to be excited as they await for the arrival of institutional investors
  
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• Think Tank Pushes for Creation of a National Cryptocurrency in Switzerland - CoinDesk

  05-06-2019 20:00
  Think Tank Pushes for Creation of a National Cryptocurrency in Switzerland  CoinDeskAvenir Suisse, one of the most influential think tanks in Switzerland, released a report urging the Swiss National Bank (SNB) to start working on a national ...
  
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• Think Tank Pushes for Creation of a National Cryptocurrency in Switzerland

  05-06-2019 20:00
  A new report argues for the necessity of a blockchain-based economic model for Switzerland.
  
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• Ripple’s Intervention, Will Reduce XRP Sales Even As Price Falls 4.9%

  05-06-2019 20:00 via newsbtc.com
  XRP falls 4.9 percent in 24 hours
  Ripple to reduce XRP sales in Q2 2019Thanks to a Bitwise report to the US SEC, this quarter’s XRP sales shall drop to less than 10 bps. That will be Ripple’s contribution towards improving transparency and reliability of the market structure. Meanwhile, XRP is under pressure and down 4.9 percent in 24 hours.
  Ripple Price Analysis
  Fundamentals
  The crypto scene is still regarded by many as the Wild West: Rugged, unregulated-and in the case of cryptocu
  
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• Ripple Intervenes, Announced XRP Sales Reduction As Price Falls 4.9%

  05-06-2019 20:00 via newsbtc.com
  XRP falls 4.9 percent in 24 hours
  Ripple to reduce XRP sales in Q2 2019Thanks to a Bitwise report to the US SEC, this quarter’s XRP sales shall drop to less than 10 bps. That will be Ripple’s contribution towards improving transparency and reliability of the market structure. Meanwhile, XRP is under pressure and down 4.9 percent in 24 hours.
  Ripple Price Analysis
  Fundamentals
  The crypto scene is still regarded by many as the Wild West: Rugged, unregulated-and in the case of cryptocu
  
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• Malta Needs to Up Its AML Game As Crypto Sector Grows, Says EU

  05-06-2019 19:30
  Malta should increase its anti-money laundering policing to match the growth in financial and crypto services, according to the EU.
  
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• Crypto Goal! Major Euro Football Club Now Accepts Bitcoin & Ethereum

  05-06-2019 19:30
  By CCN: The beautiful game just got much prettier after European football giant Benfica announced they’d be accepting bitcoin and Ethereum payments. Now, fans of the Portuguese Primera Liga champions can pay for match tickets and club merchandise using cryptocurrency. https://t.co/yfdq08wIRj pic.twitter.com/x3TpTsCcXk — SL Benfica (@slbenfica_en) June 5, 2019 Euro Elite Benfica Accept Bitcoin and Ethereum This isn’t the first time the footballing elite has flirted with cryptocu
  
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• Bitcoin Investors Harmed After Coinroom Closure, BTC Support at $7,500

  05-06-2019 19:00 via newsbtc.com
  Bitcoin under pressure, down 3.4 percent in 24 hours
  Another exchange disappears with user fundsCoinroom clients are counting losses after the exchange abruptly closed. Some clients had more than 2 BTCs in their accounts. Meanwhile, Bitcoin is stabilizing, down 3.4 percent in the last day.
  Bitcoin Price Analysis
  Fundamentals
  Losing funds, either through theft of lost private keys, is a traumatic experience. Should a regulated exchange suffer a hack and funds stolen, there is always a legal rout
  
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• Dutch Billionaire John De Mol Files Lawsuit Against Facebook Over Fraudulent Crypto Ads

  05-06-2019 18:49 via cointelegraph.com
  A lawsuit has been filed by Dutch billionaire John De Mol over crypto ads using his image without permission
  
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• Ex-Bitmain CEO Jihan Wu Unveils China’s Future Bitcoin Monopoly

  05-06-2019 18:34
  By CCN: Bitcoin billionaire and former Bitmain CEO Jihan Wu is set to launch a new crypto trading platform next month that could eventually be granted a monopoly by the Chinese government. Jihan Wu Reveals New Path in Wake of Bitmain IPO Disaster Wu’s project, called Matrix, will be a custody and trading firm with substantial ties to Bitmain, one of the world’s largest crypto mining conglomerates. The news was first reported by The Block. It was assumed that Wu left Bitmain in disgra
  
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• Apple’s CryptoKit Launch Paves the Way for Secure Mobile Wallets

  05-06-2019 18:33
  Swift is getting better crypto tools. Is the company’s stance on cryptocurrencies also changing?
  
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• $1 Billion Valuation May Elude Ethereum Co-Founder’s New Blockchain Polkadot

  05-06-2019 18:30
  Polkadot’s bid for unicorn status has hit a snag, with three Chinese funds buying into the token sale at valuations below $1 billion.
  
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• Craig Wright: Bitcoin Users Are Money Launderers & Will Rot in Jail

  05-06-2019 18:15
  By CCN: According to self-declared Bitcoin creator Craig Wright, everyone who runs a Lightning node, uses privacy-centric cryptocurrency Monero, or uses mixing services like CashShuffle will be guilty of money laundering and eventually suffer the brutal legal consequences. Wright says that once courts figure out the money transmitter nature of various blockchain products, swift action can be expected. Satoshi Nakamoto Calls for Government Regulation? Wright believes that a few government orders
  
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• Will Tron CEO’s Attempt to Convince Buffett That Bitcoin Isn’t a Scam Succeed?

  05-06-2019 17:43 via newsbtc.com
  Every year since 2001, bidders have had the opportunity to “Power Lunch” with acclaimed investor Warren Buffett. This year, TRON founder, Justin Sun bid a recorded breaking $4.6 million to lunch with Buffett at New York steakhouse Smith & Wollensky to discuss crypto and bitcoin.
  Sun, plus seven other invitees, will have the chance to sell the merits of blockchain technology. However, considering Buffett has gone on record to say cryptocurrency will end badly, will this lunch be e
  
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• Japan: Tax Authorities Say Crypto Traders Owe Them $93 Million

  05-06-2019 17:34 via cointelegraph.com
  Tax authorities in Japan say cryptocurrency traders have failed to report gains valued at $93 million over the past several years
  
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• US-China Trade War Will Boost Bitcoin Price to $20,000: Analyst

  05-06-2019 17:14
  By CCN: Bitcoin price is unlikely to hit the December 2017 highs unless the U.S.-China trade war escalates to new levels, an analyst has told Kitco News. According to DailyFX’s senior currency strategist Christopher Vecchio, bitcoin has lately been inversely correlated with the Chinese yuan. Being an effective method of moving value around the world, its price appreciated as the yuan weakened: In an environment where the global financial system looks like it is potentially at risk because
  
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• The Potential of STOs in South Korea

  05-06-2019 17:12
  Since ICOs were banned by the government in South Korea, some companies have turned their eyes to other countries such as Switzerland, Singapore, Bibraltar, Malta, Hong Kong, Estonia, the Cayman Islands, and the Virgin Islands, to conduct ICOs. However, in South Korea, the ICO market has been experiencing stagnation in recent years due to security issues, and in response, the interest in ICOs have now shifted to STOs. In the past, ICOs were able to issue cryptocurrency and get funded just with a
  
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• Ex-Bitmain CEO Jihan Wu Set to Launch Crypto OTC Platform Next Month: Report

  05-06-2019 17:05 via cointelegraph.com
  Ex-Bitmain CEO Jihan Wu could launch his newest venture in the next month: report
  
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• Bitcoin millionaire ‘on the run’ after second cryptocurrency scam - The Independent

  05-06-2019 16:58
  Bitcoin millionaire ‘on the run’ after second cryptocurrency scam  The IndependentAn Indian businessman who made a fortune from an alleged cryptocurrency scam is on the run from authorities, according to local reports. Divyesh Darji is ...
  
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• Bitcoin ATM Pioneer Vancouver Could Ban City’s 76 Crypto Vending Machines

  05-06-2019 16:30
  By CCN: Despite being the first location in the world to have a Bitcoin ATM, Vancouver’s authorities are turning against the vending machines. According to The Star, Bitcoin ATMs are under mayoral assault after a surge in criminal activities being conducted through the devices. Per the publication, Vancouver’s Mayor Kennedy Stewart suggested during a recent council meeting that banning the Bitcoin machines was an option being considered to contain crypto-related fraud and money laund
  
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• EU: Malta Needs to Improve Readiness to Respond to Cryptocurrency Crime - Cointelegraph

  05-06-2019 16:12
  EU: Malta Needs to Improve Readiness to Respond to Cryptocurrency Crime  CointelegraphThe European Union has told Malta it needs to improve the resources it has to fight potential financial crime as a result of cryptocurrency popularity, local daily ...
  
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• EU: Malta Needs to Improve Readiness to Respond to Cryptocurrency Crime

  05-06-2019 16:12 via cointelegraph.com
  The EU Commission has made suggestions for where Malta needs to spend funds, including cryptocurrency control
  
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• Dow Booms on Fed Bailout, But Trump’s Ruthless Threats Spoil the Party

  05-06-2019 16:10
  By CCN: The Dow bounced by triple digits for the second consecutive day on Wednesday, as the stock market looked to assemble a June winning streak to reverse the fallout from a brutal May. However, as investors pine for a Federal Reserve “bailout,” Donald Trump’s latest international threats and scattershot economic strategy could once again spoil Wall Street’s party. Dow Booms for Second Straight Day All three major stock market indices jumped on Wednesday. As of 10:27 a
  
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• Bitcoin Holds Over $7,800 as US Stock Market Sees Minor Uptrend

  05-06-2019 16:01 via cointelegraph.com
  Bitcoin is holding over the $7,800 mark as most of the top 20 cryptocurrencies are reporting moderate losses on the day
  
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• Israeli Startup Launches First Non-Custodial Wallet Without Private Keys

  05-06-2019 16:00
  "Until now users had the choice between two poisons: be their own bank at the cost of complexity, human errors or hacks or trust a third party blindly."
  
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