Cryptocurrency news

• Crypto Gambling App That Lets You Bet on Anything Calls It Quits

  12-07-2019 23:53
  Veil, a decentralized application that mostly interacts with Augur to help crypto users create and participate in prediction markets, is going away. Prediction Markets Just One Mass Appeal for Crypto The product itself that is. The company behind it will continue developing new products, and one thing that Veil leaves behind is the ability to […]
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• Mnuchin Warns US Debt Ceiling Near, Wants Spending Spigot Open

  12-07-2019 23:50
  U.S. Treasury Secretary Steven Mnuchin warns the United States might max out its credit limit in September. If that happens, the federal government will not be able to pay some of its bills. In a letter to House Speaker Nancy Pelosi (D-Calif.), Mnuchin requested Congress increase the debt ceiling before August recess. The Treasury Secretary […]
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• The FATF’s recommendations for the cryptocurrency industry: Summary and implications - JD Supra

  12-07-2019 23:12 via jdsupra.com
  The FATF’s recommendations for the cryptocurrency industry: Summary and implications  JD SupraFounded in 1989, the Financial Action Task Force (FATF) is an inter-governmental policy making body established by the ministers of its 37 member countries ...
  
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• As Trump targets Libra, Facebook's cryptocurrency faces 'uphill climb' after call for bank charter - Fox Business

  12-07-2019 23:05 via foxbusiness.com
  As Trump targets Libra, Facebook's cryptocurrency faces 'uphill climb' after call for bank charter  Fox BusinessWhy governments around the world are afraid of Libra, Facebook’s cryptocurrency  The Washington PostTrump knocks bitcoin, Facebook cryptocurrency: 'Not a fan' | TheHill  The HillThere’s a big problem with Facebook’s Libra cryptocurrency  Ars TechnicaPro-Trump cryptocurrency fan reacts to the president's disapproval of Bitcoin.&n
  
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• Crypto Prediction Market and Derivatives Platform Veil Is Closing

  12-07-2019 23:02
  Veil launched six months ago with an Auger protocol to make decentralized predictions on real world events.
  
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• Keiser: $100,000 BTC as Trump’s Anti-Bitcoin Tweet to Drive US-Skeptic Nations to Crypto

  12-07-2019 23:00 via newsbtc.com
  Popular cryptocurrency proponent and news presenter Max Keiser has responded to President Trump’s anti-Bitcoin outburst yesterday. The long-term Bitcoin bull believes that a United States opposed to Bitcoin is an advertisement to nations wanting to distance themselves economically from the nation to adopt the digital asset.
  Keiser equates the move by Trump to a “giant ‘Kick Me’ sign” on the US’s back. He also states that such an adoption by nations will take t
  
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• Co-Founder of Now-Defunct BitFunder Gets 14 Months Imprisonment

  12-07-2019 22:24 via cointelegraph.com
  A judge has sentenced BitFunder’s operator to 14 months in prison for operating a fraudulent crypto-related scheme
  
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• Ethereum Co-Founder Mihai Alisie Concerned Over Libra Centralization

  12-07-2019 22:06 via cointelegraph.com
  Ethereum co-founder Mihai Alisie is concerned about Facebook’s purported promise to make Libra fully decentralized in the future
  
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• Why Ivanka Is the Ticket to Influencing Trump on Bitcoin

  12-07-2019 22:00
  If there's one person who has been by Donald Trump's side throughout much of his life, it's his daughter, Ivanka. From being a judge on his hit series The Apprentice to serving as an advisor to her father in the White House, Ivanka seems to have the president wrapped around her finger. One of Ivanka's […]
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• Trump Blasts Bitcoin For Illicit Use As NY College Is Hit With $2M Ransomware

  12-07-2019 22:00 via newsbtc.com
  Last night, the TV personality, businessman, president of the “free world,” Donald Trump took to twitter to blast Bitcoin, Facebook’s Libra, and the entire asset class of cryptocurrencies.
  The outspoken United States president said that the asset class is “highly volatile,” “unregulated,” “based on thin air,” and “can facilitate unlawful behavior, including drug trade and other illegal activity.” While Bitcoin is so many other thi
  
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• Dow Smashes New Records as Fed-Speak Dashes Investor Fears

  12-07-2019 21:26
  The Dow and broader U.S. stock market forged new highs Friday, building off a multi-session rally that was fueled by affirmations the Federal Reserve will kick-start a new era of monetary easing later this month. Dow Extends Record Rally; S&P 500, Nasdaq Follow All of Wall Street's major averages recorded record highs Friday, mirroring a […]
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• CEO of BitFunder Exchange Gets 14 Months in Prison for Fraud, Obstruction

  12-07-2019 20:59
  The operator of BitFunder and WeExchange will serve 14 months in prison after defrauding investors and misrepresenting a hack.
  
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• Ripple Shills Twist Into XRP-Shaped Pretzels to Spin Trump Bitcoin Tweets

  12-07-2019 20:51
  The importance of the government's blessing for supposedly regulator-friendly cryptocurrencies like Ripple (XRP) and its horde of social media shills cannot be overstated. Donald Trump is not a fan of crypto. Point blank. That's all there is to that. Donald Trump Alienates the Techno-Right A rift between the crypto community and the alt-right community who […]
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• Prasos Secures Payment Institution License From Finnish Watchdog

  12-07-2019 20:35 via cointelegraph.com
  Cryptocurrency firm Prasos has received a license from the Finnish Financial Supervisory Authority, allowing for more widespread service through its Coinmotion platform
  
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• Defiant Google to Keep Listening to Private Discussions Despite Data Leak

  12-07-2019 20:35
  Just days after Amazon admitted in a letter that it did not erase transcripts of its users' conversations, Google gets involved in a similar controversy. In the face of a recent leak involving over a thousand private recordings, the Mountain View, Calif. behemoth published a letter defending its policy to let employees listen to users' […]
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• US Sanctions on Iran Crypto Mining — Inevitable or Impossible?

  12-07-2019 20:28 via cointelegraph.com
  U.S. sanctions won’t be enough to stop Bitcoin mining, but they might choke Iran’s digital currency
  
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• Amazon's Child-Sized Robot Will Stalk You Throughout Your Entire House

  12-07-2019 20:24
  Bloomberg reported Friday that Amazon is ramping up work on its home robot. The robot initiative is internally code-named "Vesta" after the ancient Roman goddess of hearth and home. That sounds heart-warming. But the prospect of a cold-hearted, all-hearing, all-seeing, Amazon-controlled robot stalking your every move in your own home does not. That's especially true […]
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• Bitcoin News: Japanese Bitpoint Exchange Loses $32 Million of Cryptocurrency in Hack - Bitcoin Magazine

  12-07-2019 20:00 via bitcoinmagazine.com
  Bitcoin News: Japanese Bitpoint Exchange Loses $32 Million of Cryptocurrency in Hack  Bitcoin MagazineJapanese exchange Bitpoint has fallen victim to a hack to the tune of $32 million worth (3.5 billion yen) of cryptocurrency. In a Japanese notice posted on its ...
  
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• Bitcoin (BTC) Absorbs Sell Pressure, Will $11,200 Hold?

  12-07-2019 20:00 via newsbtc.com
  Bitcoin (BTC) up 2.8 percent
  Hackers strike Bitpoint, user funds stolenBitpoint is the latest Japanese exchange to lose customer funds through a hack. In an announcement, the exchange said it lost $32 million worth of Bitcoin, Litecoin and other coins stored in their hot wallet. At the time of press, BTC is up 2.8 percent.
  Fundamentals
  Japan is known for its flexibility. As one of the early adopters, Japanese regulators are firm on their oversight. Formulating and implementing consumer-centric
  
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• $32M in cryptocurrency stolen by hackers from Japanese exchange Bitpoint - Mashable

  12-07-2019 19:58 via mashable.com
  $32M in cryptocurrency stolen by hackers from Japanese exchange Bitpoint  MashableBitpoint said in a notice on its website that it has “identified an unauthorized outflow of virtual currency." According to Remixpoint, Bitpoint's parent company, $23 ...
  
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• Pompliano: Trump’s Tweet Puts Spotlight on Lack of Trust Bitcoin Solves

  12-07-2019 19:55 via newsbtc.com
  Last night, the entire crypto Twitter became electrified with chatter when United States President Donald Trump tweeted about “magic internet money,” also known as Bitcoin and cryptocurrencies.
  According to Morgan Creek Digital partner and co-founder Anthony “Pomp” Pompliano, while Trump’s  tweet was indeed significant, it also sheds a light on how Bitcoin is designed to address the trust issues that humanity faces with governments, and corporations in charge.
  
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• Price Analysis 12/07: BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, TRX, XLM

  12-07-2019 19:46 via cointelegraph.com
  Is this fall a good time to buy Bitcoin? Let’s look at the charts
  
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• Mark Cuban: Libra Is Dangerous & Will Empower Evil African Despots

  12-07-2019 19:40
  Tech entrepreneur and Dallas Mavericks owner Mark Cuban joined the growing list of skeptics warning about the apocalyptic dangers of Facebook's cryptocurrency project, Libra. In an interview with CNBC, Cuban made his position on the Libra clear: “I’m not a big fan of what they’re doing there. I think it’s a big mistake [...] but […]
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• Another billionaire exposed: Jeffrey Epstein

  12-07-2019 19:34
  Watch Will discussing child sex charges on American financier billionaire, Jeffrey Epstein. Make sure to subscribe CCNMarkets on Youtube: CCN Markets
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• IRS Confirms It Trained Staff to Find Crypto Wallets

  12-07-2019 19:30
  The IRS may subpoena tech firms like Apple, Google and Microsoft in search of taxpayers’ unreported crypto holdings. 
  
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• IRS Confirms It Trained Staff on Finding Crypto Wallets

  12-07-2019 19:30
  The IRS may subpoena tech firms like Apple, Google and Microsoft in search of taxpayers’ unreported crypto holdings. 
  
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• Andrew Yang on Automation: 'You Can't Turn Truck Drivers into Coders'

  12-07-2019 19:20
  A report from the Metropolitan Policy Program at the Brooklyn Institution revealed that automation efforts using robots are very likely to take the jobs of 36 million Americans by 2030. That’s 25 percent of the country’s workforce. Andrew Yang is probably the American presidential candidate you’ve never heard of but he offers a unique solution to […]
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• McAfee on BTC, Exile & the US: 'No Way the Current System Can Survive’

  12-07-2019 19:15 via cointelegraph.com
  “God Almighty, I am a rebel. I'm an outrage to the stability of the U.S. corrupt government” — John McAfee talks to Cointelegraph about living on the run and the future of crypto adoption
  
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• Ethereum Vulnerable, ETH Price Below Three-Month Support

  12-07-2019 19:00 via newsbtc.com
  Ethereum (ETH) is down 3.2 percent
  Omar Reyes, a candidate vying for a Congress seat in Florida, wants to issue an Ethereum tokenProps, an ERC-20 token, is compliant with a key regulation. As a result, investors can have a financial stake in the issuing company following SEC qualification. As of the time of writing, bears are in control after the July 11th’s breakout below the main support trend line.
  Ethereum Price Analysis
  Fundamentals
  Well, it appears as if blockchain is not immune fro
  
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• Trump Disapproves Of Facebook's Cryptocurrency Libra 07/15/2019 - MediaPost Communications

  12-07-2019 18:56 via mediapost.com
  Trump Disapproves Of Facebook's Cryptocurrency Libra 07/15/2019  MediaPost CommunicationsFurther complicating Facebook's cryptocurrency ambitions, President Donald Trump has dismissed Libra as a farce. The tech titan unveiled the cryptocurrency ...
  
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• Dow Stock Suddenly Plunges After DOJ Says It Lied About Cancer Threat

  12-07-2019 18:36
  One of the thirty stocks that make up the Dow Jones Industrial Average suddenly found itself under pressure on Friday after the Justice Department accused it of lying about cancer risks associated with one of its products. Johnson & Johnson Stock Dives 5% Shares of Johnson & Johnson entered a freefall after Bloomberg reported that […]
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• ТrueDigital Plans to Launch CFTC-Regulated Crypto Derivatives Exchange

  12-07-2019 18:35 via cointelegraph.com
  A New York-based fintech firm aims to launch Bitcoin derivatives once the U.S. CFTC approves a registration acquisition
  
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• Why governments around the world are afraid of Libra, Facebook’s cryptocurrency - The Washington Post

  12-07-2019 18:33 via washingtonpost.com
  Why governments around the world are afraid of Libra, Facebook’s cryptocurrency  The Washington PostSince Facebook announced plans last month for its own cryptocurrency called Libra, it has ruffled feathers and sparked fears among governments all over the ...
  
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• Texas Court Orders Defendants to Pay $400K for Fraudulent Bitcoin Scheme

  12-07-2019 17:52 via cointelegraph.com
  A Texas court has ordered two individuals to pay $400,000 in fines and repayment for a fraudulent Bitcoin scheme
  
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• NYC Students Rejoice as Hackers Extort College for $2 Million in Bitcoin

  12-07-2019 17:36
  Hackers have successfully breached the network of the New York City-based Monroe College, demanding $2 million in Bitcoin to restore the institution's encrypted data following a carefully-orchestrated ransomware attack. But while school administrators scramble to address the crisis, students are rejoicing at their unexpected luck. Hackers demand millions in Bitcoin The college – which has […]
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• Mark Cuban ‘Not a Big Fan’ of Facebook’s Libra

  12-07-2019 17:33
  The Shark Tank co-host things Facebook's Libra is a "big mistake."
  
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• Valve Hypes Machine-Learning Game Recommender after Steam Sale Disaster

  12-07-2019 17:20
  This year's Steam summer sale was a lot more underwhelming that many would have thought. The problem wasn't with the discounts; instead, players and developers were disappointed with how Valve incentivized more sales. Valve's 'Grand Prix' meta game for the sale confused both customers and studios, with the addition encouraging users to spend more money […]
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• TradeCloud Reaches Private Round Hard Cap of $5 Million in a Month

  12-07-2019 17:07
  TradeCloud have announced the launch of the public round of their Swiss based Security Token Offering, having completed the private round of $5 million in a month. The public round will run for 3 months and is expected to raise $15 million. “A speedy completion of the private round demonstrates that others also share our […]
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• Trump says cryptocurrency is 'not money' - Capital Business - Capital FM Kenya

  12-07-2019 16:45 via capitalfm.co.ke
  Trump says cryptocurrency is 'not money' - Capital Business  Capital FM KenyaWASHINGTON, United States, Jul 12 - Donald Trump expressed his mistrust of cryptocurrency Thursday, saying it was "not money" and warning that those ...
  
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• Expert: Trump's Crypto-Bashing Staff Is Duping Him on Bitcoin

  12-07-2019 16:45
  Bitcoin advocate Caitlin Long unleashed an impassioned tweet storm in reaction to U.S. President Donald Trump's anti-crypto remarks. Long says Trump is being misled by his staff and argued that crypto could function within the law — despite what he fears. Caitlin Long Warns Trump That Staff Is Misleading Him on Bitcoin In an unexpected […]
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• Chinese Police Arrest 22 Crypto Miners for Power Theft

  12-07-2019 16:20
  Around 4000 Bitcoin mining rigs racked up an electricity bill of nearly 20 million yuan (roughly $2.9 million).
  
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• Early Square investor sees Facebook cryptocurrency Libra as a game-changer - San Francisco Business Times

  12-07-2019 15:59 via bizjournals.com
  Early Square investor sees Facebook cryptocurrency Libra as a game-changer  San Francisco Business TimesStartup investor Greg Kidd sees Facebook Libra taking a page from Apple's playbook in bringing established players into the tent as both companies push ...
  
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• Another Crypto Company Wants to Offer Bitcoin Derivatives in the US

  12-07-2019 15:52
  Institutional digital assets platform trueDigital has announced plans to offer bitcoin derivatives for U.S. investors – if the CFTC approves.
  
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• BTC and LTC Halving ‘Shock’ May Be Mitigated by Merged Mining: Report

  12-07-2019 15:47 via cointelegraph.com
  Halvings of block rewards for BTC and LTC mining could be mitigated by merged mining: new report by Binance Research
  
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• Adapt to Crypto or Die: JPMorgan and Bundesbank Get the Disruptive Memo

  12-07-2019 15:45
  As massive banks like JPMorgan and Wells Fargo prepare to release their Q2 earnings report next week, a growing threat to traditional finance, cryptocurrencies, are becoming too disruptive to ignore. While many of these banks have resisted the coming changes, the smart ones are starting to change their tune.  Just this week, the German Central […]
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• Dow Surges Even Higher But Morgan Stanley Calls for 10% Crash

  12-07-2019 15:42
  The Dow eagerly sped toward a fourth consecutive gain on Friday, just one day after the stock market bellwether zoomed past its previous record to close above 27,000 for the first time ever. But as Wall Street continues to bid up valuations more than a decade into this bull run, one Morgan Stanley executive warns […]
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• Bitcoin is Money! Wall Street Vet Schools Donald Trump after Surprise Tweet

  12-07-2019 15:01
  President Donald Trump ruffled many feathers and raised quite a few eyebrows when he took on bitcoin and other cryptocurrencies during one of his characteristic Tweetstorms. Apparently, Trump has a fair idea of what bitcoin is and what it can do, and his tweets make it clear that he is not a fan of cryptocurrencies. […]
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• Billionaire Mark Cuban Says Facebook’s Libra a Big Mistake

  12-07-2019 14:47 via cointelegraph.com
  Facebook’s Libra stablecoin a big mistake, according to Dallas Mavericks basketball team owner and billionaire investor Mark Cuban
  
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• Binance Destroys $26 Million Worth of Its Team’s BNB Tokens

  12-07-2019 14:31
  Binance says it has completed the eight quarterly "burn" of Binance coin tokens – all from its team's allocation.
  
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• $32m stolen from Tokyo cryptocurrency exchange in latest hack - The Guardian

  12-07-2019 14:04 via theguardian.com
  $32m stolen from Tokyo cryptocurrency exchange in latest hack  The GuardianBitpoint Exchange Hacked for $32 Million in Cryptocurrency  CoinDeskBitpoint cryptocurrency exchange loses $32 million in hack  The VergeJapanese firm says ¥3.5 bil missing in cryptocurrency hack  Japan TodayBitpoint cryptocurrency exchange hacked for $32 million  ZDNetView full coverage on Google News
  
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