The Latest News about Cryptocurrency

South Korean blockchain lab IncuBlock has signed a Memorandum of Understanding with a Malaysian government advisory committee for blockchain tech development permissible under Sharia law, local news outlet IT World reported yesterday, June 18.Blockchain tech has previously been used in terms of tracking halal foods, as UK-based HALAL TRAIL has begun using blockchain to track livestock and fresh food from farm to table through the halal food chain.

John McAfee, the cybersecurity tycoon-turned-cryptocurrency backer said Tuesday that he will end his work on initial coin offerings.

Turcoin, advertised by its creators as Turkey's "National" cryptocurrency, has been outed as a ponzi scheme, Hürriyet Daily News reports Monday, June 18.Muhammed Satıroğlu, a major shareholder of the company that launched the coin has told the media it "Doesn't have a single dollar in the bank."

France became host to Europe's first blockchain accelerator as Paris moves to become the "Capital of ICOs," Finance Magnates reports Monday, June 18.Chain Accelerator, a joint scheme involving around thirty cryptocurrency and finance entities and professionals, aims to offer mentoring to international blockchain startups.

The cryptocurrency seemingly picked up a bid after reports started doing the rounds that Tron Foundation founder Justin Sun acquired BitTorrent - the owner of popular file-sharing client uTorrent - for $140 million.

On June 8, the South Korean Policy Advisory Council met to develop a regulatory framework for national cryptocurrency exchanges.

IBM iX - Big Blue's digital strategy arm - and ad software provider Mediaocean are teaming up to form a blockchain consortium aimed to solve some of the biggest issues in the advertising world.

EOS has frozen seven accounts compromised by the registration process through phishing scams, according to a Steemit post by EOS42, an EOS block producer candidate.

A blockchain-based application that helps sports fans receive "Reliable and transparent" betting advice has launched its main platform - only a couple of days after the football World Cup kicked off in Russia.

Coinbase - the second largest company in the cryptocurrency market behind $12 billion giant, Bitmain - is working with third-party custodians and hedge funds to bring institutional investors into the cryptocurrency market.

Nonprofit organization the Freedom of the Press Foundation began accepting cryptocurrency donations June 18, opening its doors to Bitcoin and four altcoins.

Authorities in Cambodia have announced that domestic investors are now required to obtain a license in order to purchase, sell or trade cryptocurrencies - activities that would be otherwise regarded as illegal.

Portuguese software engineer João Almeida has created 'Poketoshi,' a platform that allows users to play Nintendo's popular Pokémon game on the Lightning Network, The Next Web reports today, June 19.pic.

"A bottom is a process not a price. Now that price and volatility are back down to earth, this bottoming process can begin."

With profits soaring for some of the world's biggest GPU manufacturers, it's clear to see that crypto mining has had a powerful, and perhaps even a lasting effect on the video card production industry.

With the development of information technology, ledgers have gradually been digitalized and various types of accounting databases have emerged.

The crypto markets are continuing to rise today, June 19, according to data from Coin360, after yesterday's price spike leading to a gain of $13 billion in one hour following a week of lows.

Distributed ledger technology and blockchain are poised to revolutionize many industries.

A former Indian legislator who was allegedly involved in a $1.3 million bitcoin extortion case has been declared a "Proclaimed offender" by a local court.

Marcel Cassar, the newly appointed chairperson of the Malta Bankers Association, said that blockchain tech sounds like a "Banker's dream." Cassar also claimed that cryptocurrencies are "Here to stay," according to a June 17 interview with local news outlet The Malta Independent.

A Cornell University computer science professor has taken aim at the governance model of the rapidly-evolving EOS model, predicting that the way in which EOS handles security flaws will result in a large-scale exchange hack within the next year.

A blockchain-based company is launching a content rewards platform that compensates creators - and says its platform boasts compelling advantages over "Exploitative" mainstream rivals, all the while addressing flaws in other crypto-driven sites which offer a similar concept.

Japan's Financial Services Agency will be issuing business improvement notices to five registered cryptocurrency exchanges by the end of this week, Cointelegraph Japan reports Tuesday, June 19.

Despite the bearish chart setup, bitcoin rose to a six-day high on Monday, putting a corrective rally to $7,000 back on the map.

Earlier this year, Square began supporting Bitcoin as a payment method on its Cash app platform.

Japan's financial watchdog is reportedly planning to force improvements at a number of licensed cryptocurrency exchanges over perceived issues with internal systems, including anti-money laundering measures.

The first phase of a transition toward a true "Money of the people" will be implemented by central banks themselves, striving and competing to remain relevant in a post-crisis, post-trust, digitally connected global economy.

Bitcoin is up 3.67% over the past 24 hours.

A group of hackers has allegedly colluded with computer maintenance firms in China to hack into computers owned by internet cafes to mine cryptocurrency.

Alfa-Bank and Sberbank - two of Russia's largest players in the banking market - are currently in the testing phase of cryptocurrency-based investment options geared toward its retail investors, local Russian news Kommersant reported back on June 15th. The two banks will be testing several products of private banking on the Bank of Russia regulatory "Sandbox" platform.