The Latest News about Cryptocurrency

Retail giant Walmart is exploring a way to let households manage their electricity bills using cryptocurrency - a concept it says could potentially lead to increased efficiency and lower prices.

The launch of the Digital Citizen Card will see IOTA's unique Tangle consensus method and platform used to establish an entirely new digital identification system.

Further concerns surrounding the impact of Tether and Bitcoin futures on the leading cryptocurrency's fortunes were raised on CNBC, Wednesday June 13th. As CNBC notes, Bitcoin futures have sunk 55 percent this year, reaching their lowest levels since February.

The EOS block producer voting process has drawn to a close, resulting in the official launch of the EOS blockchain at 6 PM UTC on June 14.

Bitcoin is still in recovery mode, but the bulls must keep prices above key support seen just below $6,500 to maintain momentum, the technical charts indicate.

An upcoming blockchain platform says it is determined to bring greater levels of transparency and accountability to the world of politics - creating a system where lawmakers and their policies are given scores by the electorate.

Ranked the 16th largest cryptocurrency exchange in the world by trading volume, Bittrex is rolling out phase two of their US Dollar trading platform - enabling retail and corporate investors to exchange USD for cryptocurrencies.

Because NFTs have specific qualities that should play to people's interest in real-world collectibles, crypto insiders hope they can bring the general public into the ecosystem.

Bitcoin is up 1.62% over the past 24 hours.

The municipal government of Chongqing city, China, is mulling the formation of a "Blockchain digital asset exchange," but no one is quite sure what it means.

According to TI's Corruption Perceptions Index for 2017, Spain slid eight points to be one of the EU's lowest ranked countries due to a spate of high-profile corruption scandals over the last decade - with public procurement being particularly vulnerable.

The University of Texas at Austin is among one of the first academic institutions to receive funding from Ripple, the San Francisco-based distributed ledger technology startup.

Created by a developer who goes by the handle "Lightning K0ala," the project is inspired by Reddit's massive multiplayer art experiment, "Place," a three-day effort in collaborative drawing that garnered hype in 2017.

Despite a recent market downturn, cryptocurrencies continue to make regulatory progress.

U.S. retail giant Walmart has won a patent for the development of an electrical grid that will be powered by Bitcoin or other digital currency, according to a patent application published June 14 by the U.S. Patent and Trademark Office.

AlphaPoint Corp. has raised $15 mln in funding from digital assets merchant bank Galaxy Digital LP founded by billionaire investor Mike Novogratz, Bloomberg reported June 14.

Microsoft has partnered with Ardents, a supply tracking solutions provider, to develop a new product tracking platform using blockchain technology and artificial intelligence, Food Engineering reported June 14.The new blockchain solution, which is called Ardents NovaTrack, was presented at Viva Tech 2018 in Paris.

According to Fundstrat head of research Thomas Lee, the recent decline in Bitcoin price is likely the result of the expiration of Bitcoin futures, Bloomberg reports June 14.In a report, Lee explained that the "Gut wrenching" weakness in Bitcoin, which dropped upwards of 20 percent earlier this week, was the result of futures contracts expiring.

Six months ago, Western Union began testing Ripple's XRP for payments, but the money transfer company states it has yet to see any financial benefit.

Billionaire venture capitalist, Tom Draper, has reiterated his prediction that Bitcoin will reach $250,000 by 2022, stating that "Fiat is the past," with both crypto and Bitcoin being the future.

South Korea has revealed plans to launch a blockchain center in Busan city modeled on the Swiss Crypto Valley, local news outlet Edaily reported June 14.At a recent blockchain event in Seoul "2018 Global Blockchain Conference," chairman of the Korea ICT Financial Convergence Association Oh Jung-geun claimed that the organization seeks to build a space similar to the "Crypto Valley" located in the Swiss canton of Zug."We need a place to concentrate on the cryptographic industry in Korea like the Crypto Valley in Switzerland," Oh said at the event.

A group of Oxford professors are seeking full-degree granting powers in the EU for the world's first "Blockchain university", according to an email shared with Cointelegraph today, June 14.According to the team of academics behind Woolf Development, led by Joshua Broggi from the Faculty of Philosophy at Oxford, blockchain tech and smart contracts can help democratize the traditional structure of higher education.

The Russian Association of Corporate Treasurers is joining the nation's central bank in trialing the government-run Masterchain blockchain platform, the group announced last week.

"Using this technology, execution, clearing and settlement could occur simultaneously, minimizing liquidity and credit risks. Custody and other post-trade security services also are under threat from new technologies."

"The problem of regulation of cryptocurrencies is being discussed very intensively. The AIFC has a solid position on this issue - it is crucial to regulate the circulation of cryptocurrencies."

Global logistics giant DB Schenker is to launch a supplier evaluation system on the VeChainThor platform - the first of its kind, according to the Singapore-based blockchain.

Gains in of over 10 percent in some coins are a welcome respite for investors after crypto markets took a battering over the course of last month.

A Bank of Canada official questioned the effectiveness and security of using blockchain tech for banking at a conference in South Korea today, June 14, according to local reports.

Crypto services company AlphaPoint successfully raised $15 million in its first major round of venture capital funding, the firm announced Thursday.

The price of Bitcoin may be up slightly Wednesday, but that hasn't exactly raised the spirits of the asset's most avid investors.