Cryptocurrency news

• Lightning Network Developers Warn of Bug That Could Cause Loss of Bitcoin

  10-09-2019 23:15
  Developers disclosed a security hole in various versions of bitcoin's Lightning Network software that could cause users to lose money.
  
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• Bitcoin Price Chart Gives Hidden Bearish Signal on Daily

  10-09-2019 23:00 via newsbtc.com
  Bitcoin price has been consolidating in a tightening range for the better part of the last three months, and the crypto community has been watching and waiting for the first-ever crypto asset to make its next move and choose the trend for the coming year ahead.
  Bulls have been unable to push the price to new highs, but bears have equally failed to bring Bitcoin under support in the low $9,000 range. However, a hidden bearish signal just appeared on Bitcoin’s daily chart, and it could indic
  
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• Power Ledger Goes to Rural Australia to Trade Surplus Energy via DLT

  10-09-2019 22:54 via cointelegraph.com
  Australian energy startup Power Ledger launches its first trial of P2P tech in the outback to trade surplus energy on the blockchain
  
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• 5 Reasons WeWork's Gigantic IPO Valuation Plunged 69%

  10-09-2019 22:41
  In the age of the unicorn valuation, WeWork is only the latest company to incur massive losses and still fetch a valuation in the tens of billions of dollars. That's the kind of stock market that should scare investors. Not only is it indicative that the market itself is overvalued, but investors in IPOs of […]
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• Dow Rally Skirts Attack as Sector Rotation Spooks Investors

  10-09-2019 22:12
  The Dow and broader U.S. stock market tumbled on Tuesday, but quickly regained their footing in the final moments of trade amid fears that an impending sector rotation will batter the high-flying technology industry. Dow Closes Higher; S&P 500, Nasdaq Flat-Line All of Wall Street’s major indexes were on track for losses in the final […]
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• WATCH: He Admitted to Faking Crypto Volumes, Then Got 5 New Clients

  10-09-2019 22:00
  Here's CoinDesk's full interview with Alexey Andryunin, the 20-year-old ICO pumper who was in the business of market manipulation.
  
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• Declining Altcoin Twitter Sentiment Mirrors Rising Bitcoin Dominance

  10-09-2019 22:00 via newsbtc.com
  A widely-followed Bitcoin and crypto asset market analysis Twitter account has been conducting a poll over the last few months. DonAlt asks followers “How much of your portfolio is in altcoins?”
  Sentiment appears to have changed about the altcoin market on the social media platform in tandem with rising levels of Bitcoin dominance. Bitcoin now accounts for almost 70 percent of the cryptocurrency market, having started the year at around 51 percent.
  Is Crypto Becoming All About Bitcoi
  
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• Startup Finds and Patches Vulnerability in Code for Facebook’s Libra

  10-09-2019 21:55 via cointelegraph.com
  Developers working for startup OpenZeppelin found and patched a vulnerability in the open-source code of Facebook’s Libra
  
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• We Don't Need a Bitcoin ETF: Crypto Developer Jimmy Song

  10-09-2019 21:50
  Bitcoin developer Jimmy Song says the world does not need a bitcoin ETF. Moreover, the crypto entrepreneur says he doesn't care about the mainstream media's negative stereotypes of bitcoin, saying they're irrelevant. Song made the remarks during a Sept. 10 interview with BlockTV. When asked about the recent media hype surrounding the SEC's potential approval […]
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• Cryptocurrency Exchange OKEx Announces Support for ETC Hard Fork

  10-09-2019 21:42 via cointelegraph.com
  Crypto exchange OKEx to support ETC’s Atlantis hard fork
  
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• Lightning Labs CTO Confirms LN Vulnerabilities ‘Exploited in the Wild’

  10-09-2019 21:27 via cointelegraph.com
  The CTO of Lightning Labs confirms cases of the vulnerability on Lightning Network first reported on Aug. 30 having been exploited
  
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• Apple's iPhone 11 Triggered an Insanely Weird Twitter Meltdown

  10-09-2019 21:19
  Apple unveiled its flagship iPhone 11 on Tuesday, and what otherwise might have been a yawn-inducing launch caused a stir among one very specific demographic: Twitter users with “trypophobia,” the pathological fear of tiny holes. New iPhone 11 Pro Camera Triggers Twitter Users With Fear of Tiny Holes Hailed as a "photographer's dream come true" […]
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• Coinbase Launches USDC-Based Initiative to Support DeFi Developers

  10-09-2019 21:16 via cointelegraph.com
  U.S.-based crypto exchange Coinbase launches the USDC Bootstrap Fund to support developers projects
  
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• You Can Now Buy Lightning-Powered Bitcoin With a Credit Card

  10-09-2019 21:15
  Payments startup Breez has unveiled a new feature allowing lightning-based bitcoin purchases directly from its mobile app.
  
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• PSA: Only 48 Hours Remain for US Crypto Investors to Trade on Binance

  10-09-2019 21:00 via newsbtc.com
  Back in June, the world’s most popular crypto exchange, Binance, announced that it would soon be blocking US-based investors from its platform, in order to comply with global regulations.
  The deadline for US-based investors to cease trading and using Binance is less than 48 hours away. Here is everything crypto investors and traders need to know about the major disruption and what may occur in the crypto market after the largest portion of traders is cut off from much of the altcoin market
  
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• Market Continues to Trade Sideways as Bitcoin Price Dips Below $10,300

  10-09-2019 20:44 via cointelegraph.com
  Bitcoin dips below the $10,300 price mark, while altcoins continue to trade mostly sideways
  
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• Big Brother Creator and Facebook Battle Over Fake Bitcoin Ads

  10-09-2019 20:20
  The creator of the Big Brother reality TV show has failed to reach an agreement with Facebook over fake Bitcoin ads that purported to originate from him. The fake Bitcoin ads promoted cryptocurrency-related investments which were allegedly backed or endorsed or had the involvement of the Dutch billionaire John de Mol. According to Reuters, following […]
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• Major US Crypto Exchange Coinbase Appoints New Vice President Dan Yoo

  10-09-2019 20:11 via cointelegraph.com
  Coinbase has reportedly appointed Dan Yoo as vice president, replacing Emilie Choi
  
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• Gemini Breaks New Ground with NY-Approved Custody Offering

  10-09-2019 20:10
  Gemini’s new offering is going up against local players like Coinbase custody service.
  
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• Vulnerability Fixed in Facebook Contract Language for Libra Cryptocurrency - CoinDesk

  10-09-2019 20:00 via coindesk.com
  Vulnerability Fixed in Facebook Contract Language for Libra Cryptocurrency  CoinDeskA vulnerability in Libra's open-source code that would have enabled malicious actors to manipulate smart contracts has been uncovered and patched by a ...
  
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• Vulnerability Fixed in Facebook Contract Language for Libra Cryptocurrency

  10-09-2019 20:00
  The vulnerability in the Move IR compiler allows malicious actors to introduce executable code to their smart contracts," OpenZepplin’s CEO Demian Brener told CoinDesk.
  
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• LG vs. Samsung: The Smartphone Crypto Wars Are Upon Us

  10-09-2019 20:00
  Blockchain has become a buzz word for companies looking to make a big splash and generate a fair amount of publicity.  This has been the case for several industries over the past few years and it's now true for the smartphone industry. Samsung and HTC were the first smartphone makers to fully embrace cryptocurrency and […]
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• Dow Spikes After Trump Axes Bolton & Clears Path for Iran Talks

  10-09-2019 19:43
  In a move that shocked markets on Tuesday, Donald Trump tweeted that he had removed John Bolton from the position of National Security Advisor. Oil tanked sharply, while the Dow Jones Industrial Average spiked to daily highs on the outlook for lower energy prices and brighter risk sentiment. ....I asked John for his resignation, which was […]
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• Bakkt to Require $3.9K Down Payment on Bitcoin Futures Contracts

  10-09-2019 19:35
  Bakkt has revealed the initial margin requirements for its bitcoin futures contracts ahead of a scheduled Sept. 23 launch.
  
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• Spokesperson Rebuffs Sleeping Tesla Driver as Likely Hoax

  10-09-2019 19:33
  Electric car manufacturer Tesla Motors hit back on Tuesday after a Twitter video recently made the rounds showing a driver asleep at the wheel of his Tesla. A spokesperson for the company responded to the incident pointing to an increase in “dangerous hoaxes” appearing on social media. For the record, this was no hoax, at […]
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• Cryptocurrency in Focus: Stellar's Outlook Brightens With Token 'Airdrop' - TheStreet.com

  10-09-2019 19:30 via thestreet.com
  Cryptocurrency in Focus: Stellar's Outlook Brightens With Token 'Airdrop'  TheStreet.comWith its move to distribute more than $117 million worth of its 'lumen' tokens to targeted users, payments platform Stellar shows off its strategic innovation.
  
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• ICE Releases Initial Margin Limits for Bakkt’s Coming Futures Trading

  10-09-2019 19:19 via cointelegraph.com
  The Intercontinental Exchange has published margin requirements for Bakkt’s Bitcoin futures trading contracts
  
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• Coinbase to Invest $2 Million USDC in DeFis Compound and dYdX

  10-09-2019 19:00
  Coinbase is launching a new effort to grow the DeFi ecosystem, starting with USDC investments in Compound and dYdX.
  
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• Coinbase to Invest $2 Million USDC in DeFi Protocols Compound and dYdX

  10-09-2019 19:00
  Coinbase is launching a new effort to grow the DeFi ecosystem, starting with USDC investments in Compound and dYdX.
  
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• How Elizabeth Warren's Wealth Tax Would Impact Jeff Bezos' Net Worth

  10-09-2019 18:51
  Elizabeth Warren is running for president with a progressive policy platform that she affectionately labels “economic patriotism.” A central plank of this platform is a “wealth tax” that will target Jeff Bezos, Bill Gates, and other billionaires who boast net worths comparable to the gross domestic products of many small countries. According to Warren, her […]
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• Survey: 40% of Millennials Look to Crypto in the Event of Recession

  10-09-2019 18:45 via cointelegraph.com
  New data shows that 40% of millennials would invest in crypto if a recession hits
  
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• Fundamentals of This Tech Gem May Outshine FAANG Stocks

  10-09-2019 18:45
  Many investors try to grow their net worth by passively buying shares of blue-chip tech stocks such as Facebook, Apple, Amazon, Netflix, and Alphabet (FAANG). This investment strategy may have yielded significant returns in the last few years. However, it appears that their upside is now limited. In a Bloomberg interview, Mark Stoeckle, chief executive […]
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• Why Apple Won’t Reveal Crypto and Bitcoin Support at iPhone 11 Event

  10-09-2019 18:21 via newsbtc.com
  Today, Apple will reveal the latest iteration of its flagship smartphone, the iPhone 11 during a live-streamed conference hosted by the Cupertino giant.
  After last week’s comments made by an Apple executive suggesting potential interest in crypto assets like Bitcoin and Ethereum, many from the crypto community are expecting the company to follow Samsung’s lead and reveal support for the digital asset class. But here’s the reason why that won’t happen at today’s even
  
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• Coinbase Hires Ex-COO of Nerdwallet to Succeed Emilie Choi in VP Role

  10-09-2019 18:00
  Coinbase hired Dan Yoo, a veteran of LinkedIn and Nerdwallet, as its new VP of business and data, replacing Emilie Choi, now the exchange’s COO.
  
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• Hydax’s Initiative of IGO Achieved Huge Success in Blockchain Gaming Ecosystem

  10-09-2019 17:34
  Hydax is an innovative, reliable and powerful cryptocurrency trading platform in gaming industry. Hydax is focused on a vertical market — gaming industry, and is dedicated to connecting blockchain gaming and cryptocurrency trading. IGO （Initial Gaming Offering) is an ecological mechanism initiated by Hydax. IGO projects  can release games through Hydax exchange. At the same […]
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• Arbitrage Trading in Crypto, Explained

  10-09-2019 17:11 via cointelegraph.com
  There are big differences in Bitcoin prices across platforms, and arbitrage is a technique that can help traders capitalize on this #CT_sponsored
  
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• Gold Prices to Spike 17% Hitting Historic Highs Before 2021, Citi Forecasts

  10-09-2019 17:10
  Gold prices may rally to its historic high in the next year or two, according to CitiGroup. The American multinational banking firm forecasted gold at $2,000 an ounce by the close of 2021's third quarter, citing a list of catalysts that may propel the price. They include mounting concerns of a global recession and the […]
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• Libra Must Comply with Anti-Money Laundering Standards: US Treasury

  10-09-2019 16:32 via cointelegraph.com
  Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering and terrorism financing norms, according to a United States Treasury official
  
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• FIFA 20 Demo Hype Overshadows Underwhelming PES 2020 Launch

  10-09-2019 16:10
  The long-awaited FIFA 20 demo goes live later on today (Update: It's now live). Developer EA hasn't confirmed an exact time, but sometime during the US business day floated about in the rumor mill as the best bet. The demo will be playable on the usual trifecta of platforms - PC, PlayStation 4, and Xbox […]
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• Hiphop Icon Akon Defends Bitcoin against FUD

  10-09-2019 16:00 via newsbtc.com
  Grammy award-winning musician Akon has come out in support of bitcoin, stating that it is neither volatile nor lacks intrinsic value.
  The comments appeared during the Breakfast Club, a popular radio show among the New Yorker, wherein Akon was joining as a guest. The hip-hop star confronted questions over bitcoin’s price volatility and how it was not backed by anything. In his response, Akon explained that even government-backed fiat currencies have no intrinsic value, but people use them a
  
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• Dow Staggers as Strategist Warns That Market Is a House of Cards

  10-09-2019 15:42
  The Dow staggered toward a disappointing session on Tuesday, as the stock market’s September recovery screeched to a halt just short of new all-time highs for Wall Street’s major indices. Meanwhile, strategist David Roche warns that the stock market’s breathtaking 2019 recovery could be exposed as a house of cards. Dow Heads Toward First Loss […]
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• Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official

  10-09-2019 15:30
  Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said.
  
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• Trading Bitcoin Is Hard — 10 Things Every Beginner Trader Must Know

  10-09-2019 15:14 via cointelegraph.com
  Crypto is every beginner trader’s nightmare
  
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• Bitcoin Beats the US Dollar: Rapper Akon Delivers Crypto Crash Course

  10-09-2019 15:06
  Singer Akon has rubbished the common perception that cryptocurrencies such as Bitcoin are too volatile. Per the U.S. musician, crypto enjoys more stability relative to fiat currencies. Speaking in a radio interview on the Breakfast Club, Akon defended the volatility that Bitcoin skeptics regularly cite for their negative attitude towards crypto saying that “Believe it […]
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• South African Crypto Exchange Hits Milestone 3M Wallets, $5M Volume

  10-09-2019 15:03 via cointelegraph.com
  Major South Africa’s crypto exchange Luno continues growing, having operated more than $5 million worth of crypto in August
  
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• TokenSoft Launches Transfer Agent Support Tool for Crypto Securities

  10-09-2019 15:00
  TokenSoft is launching a new tool to help token issuers comply with securities requirements.
  
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• CipherTrace Enters Race to Solve Crypto’s FATF Compliance Headache

  10-09-2019 15:00
  CipherTrace has rolled out software for sharing sensitive customer information under the FATF’s new “travel rule” for global crypto exchanges.
  
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• Bitcoin Stranded as SEC Chief Indicates Behindhand ETF

  10-09-2019 15:00 via newsbtc.com
  Bitcoin was clueless about its direction on Tuesday as the chairman of the US Securities and Exchange Commission (SEC) hinted delays in the launch of the first bitcoin exchange-traded fund.
  The BTC/USD instrument was trading 0.65 percent lower at $10,242.60 as of 11:04 UTC. The move downhill extended the pair’s net week-to-date gains by 2.80 percent, as calculated from the local high of $10,541.75, stoking fears of a continued downside action for the rest of this week. Many analysts said t
  
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• Winklevoss twins intro cryptocurrency storage service - Mobile Payments Today

  10-09-2019 14:51 via mobilepaymentstoday.com
  Winklevoss twins intro cryptocurrency storage service  Mobile Payments TodayGemini, a cryptocurrecy startup owned by tech moguls Cameron and Tyler Winklevoss, has unveiled a cryptocurrency storage *service* called Gemini Custody.
  
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• Scalability Problem Solved with RIFT Protocol

  10-09-2019 14:29 via newsbtc.com
  Blockchain progression is stopped short with clogged transactions as exemplified by Bitcoin. From 2017, the rising transaction costs, security risks, delays in transfers and losses in trade opportunities made interests on transitioning businesses to blockchain wane to a standstill. 
  The unsolved problem of scalability is emerging as a bottleneck to blockchain adoption and practical applications, but now a solution has been created to put an end to the scalability issue: RIFT Protocol.  
  
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