The Latest News about Cryptocurrency

Find the latest, and the most interesting, cryptocurrency news collected from around the net.

KODAKCoin Inks Arena Partnership to Store NBA, NHL Photos
Its initial coin offering is still in progress, but a new announcement indicates that the team behind KODAKCoin is working to put the forthcoming cryptocurrency to use.
McAfee Vs the SEC: Renegade Security Expert Challenges SEC to Debate on Cryptocurrencies
Outspoken cryptocurrency proponent, iconoclastic firearm enthusiast, and potential 2020 US presidential candidate, John McAfee, challenged the SEC to a live debate on national television over the SEC chairman Jay Clayton's recent statements regarding the regulatory status of cryptocurrencies.
Lithuanian Gov't Releases ICO Guidelines That Aim to Create 'Certainty and Transparency'
Lithuania has released comprehensive new "Guidelines" on Initial Coin Offerings in a document published June 8.
UK's Financial Watchdog Issues Letter to Banks on Crypto Risks
The U.K.'s Financial Conduct Authority has written to bank CEOs over the potential risks they face when dealing with cryptocurrencies.
LA Bitcoin Trader Faces 30 Months in Jail for Illegal Money Business
A Los Angeles bitcoin trader faces more than two years in jail for having operated what prosecutors say is an illegal money transmitting business.
Swiss Vote Down 'Sovereign Money' Referendum That Commentators Compared to Bitcoin
Switzerland voted against the so-called "Sovereign money" referendum Sunday, June 10 - a proposal for a financial system that multiple commentators have compared to cryptocurrency.
What Would Happen to Crypto In a Global Market Meltdown?
A common thought experiment in the crypto community is to ponder how cryptocurrencies would fare in the event of another global financial meltdown.
Swiss City Plans Blockchain Voting Pilot Using Ethereum-Based IDs
The Swiss city of Zug, known for its proactive support of the blockchain industry, is launching a voting pilot that will base both polling system and residents' IDs on blockchain technology.
Buy the FUD: Mainstream Media Convinced Coinrail Hack Caused Crypto Price Plunge
Cryptocurrency users are venting frustration June 11 after mainstream media outlets reported the crypto market had fallen namely due to the hacking of a small South Korean exchange Coinrail.
CFTC Demands Crypto Exchange Data In Market Investigation
The U.S. Commodity and Futures Trading Commission has reportedly subpoenaed four cryptocurrency exchanges in a bid to obtain their trading data as part of an investigation into market manipulation.
Bitcoin Exchanges Rushing Toward Regulation
Bitcoin's volatile past week captured the attention of market observers, with many in the crypto community surprised to see Sunday's market drop resulting in a sub-$7K BTC price.
$6K Next? Bitcoin Bear Market Back After 10% Drop
The bitcoin market has come alive in the last 36 hours, with the bears gaining the upper hand and now aiming for fresh 2018 lows below $6,000.
Bringing Blockchain to the Black Sea
Based in Tbilisi, Georgia, Spotcoin was founded in 2016 as an early cryptocurrency OTC marketplace as a key player in the developing blockchain industry of the Black Sea region.
Lithuania Issues Guidelines for When ICO Tokens Are Securities
Lithuania's Ministry of Finance has issued guidelines on initial coin offerings, outlining when cryptographic tokens would be viewed as securities and how each aspect of a token sale should be regulated by different laws in the country.
Ex-FDIC Chair: Current Monetary Tools 'Inadequate', Fed Should Consider Digital Currency
The former Chair of the U.S. Federal Deposit Insurance Corporation said that she thinks the Federal Reserve needs to seriously consider issuing a central bank-issued digital currency in a June 8 op-ed published on Yahoo! Finance.
Crypto Startup Wala Is Reaching Real Africans with Ethereum Micropayments
Revealed exclusively to CoinDesk, Wala is now facilitating roughly 6,300 daily dala transactions for more than 57,000 wallet accounts across Uganda, Zimbabwe and South Africa.
Coinrail Exchange Hacked, Loses Possibly $40 Million in Cryptos
Coinrail, a crypto exchange based out of South Korea, said on Sunday its platform was hacked with cryptocurrencies that appeared to worth $40 million at the time of the event.
Ethereum's Forgotten Treasure: DAOs
DAOs, the formal and informal arrangements keeping organizations afloat are replaced by smart contracts.
The Fed Should 'Get Serious' About Crypto, Says Former FDIC Chair
The Federal Reserve should seriously consider its own crypto, the former head of the U.S. government's deposit insurance corporation wrote in an op-ed last week.
Just Diversify? With Crypto Portfolios, It's Not So Simple
The Nobel Prize-winning economist, author of the classic 1952 article "Portfolio Selection," devised modern portfolio theory, which stresses that diversifying assets is crucial.
This Russian County's Website Was Hacked to Mine Cryptocurrency
A county government website for Khabarovsk, Russia was recently hacked in order to mine cryptocurrency using the processing power of those visiting.
Bitcoin Price Dips to Two-Month Low Below $7K
The price of bitcoin dropped $500 in a single hour Sunday to hit a two-month low below $6,700.
Bitcoin Dives Below $7,000 Support Level Following Korean Exchange Hack
Bitcoin plummetted below $7,000 USD for the first time since April 2018.
Number of Women Eyeing Crypto Investing Doubled Since Start of Year
Over the last six months, the amount of women considering an investment in cryptocurrencies has gone from 6% to 13%, reports City A.M. June 9.
All of Top 100 Cryptocurrencies See Red Amidst CFTC Price Manipulation Probe
Sunday, June 10: crypto markets have seen a sharp drop today, in the wake of the news that the US Commodity Futures Trading Commission has launched a probe into four major crypto exchanges.
Bitnation, Liberland, Puertopia and Other Micronations Are Gaining Independence via Crypto, but Crypto Alone May Not Be Enough
Whether it be the landlocked Liberland or the seaborne Floating Island Project, they've taken cryptocurrencies and blockchains as the basis for a new way of organising how people live, interact and work.
Hodler's Digest, June 4-10: Bitcoin Adoption Galore Despite its 300th 'Funeral'
Major US crypto exchange and wallet Coinbase has begun the process to become an SEC-regulated broker dealer by acquiring securities dealer Keystone Capital Corp. in addition to Venovate Marketplace, Inc., and Digital Wealth LLC. If approved, these acquisitions will enable Coinbase to expand to other non-crypto financial products, as well as offer blockchain-based securities.
Canada Releases Official Draft of New Crypto Regulations Focused on KYC/AML
The Canadian government has released an official draft of new regulations on crypto exchanges and payment processors, Canada Gazette reports June 9.According to the draft, the new regulations seek to address a "Number of deficiencies" that the Financial Action Task Force outlined after their evaluation in 2015-16, namely in strengthening Canada's Anti-Money Laundering and Anti-Terrorist Financing Regime.
Bitcoin, Ethereum, Ripple, and Litecoin Among 7 Cryptocurrencies Now Legal in Thailand
The details include a list of seven approved cryptocurrencies, fees, and licensing requirements.
Sex Workers Are Using Crypto to Save for Retirement
Like MelissaSweet1, several other sex workers recently interviewed by CoinDesk described similar shifts in their crypto usage.
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