The Latest News about Cryptocurrency
Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Japanese Finance Giant SBI Invests In Regulated ICO Platform Templum
Japanese financial services giant SBI Holdings has invested in fintech company Templum, which focuses on offering regulated securities token offerings, according to a press release published yesterday, April 25.
Samsung Sets Q1 Profit Record with Crypto Mining Boost
Samsung Electronics has reported 58 percent year-on-year growth in its operating profits for Q1 2018 - an increase driven in part by strong demand for cryptocurrency mining chips.
Gaming Co. Nexon Korea Refutes Rumors It Will Buy Crypto Exchange Bitstamp
Video game company Nexon Korea has denied that they are in talks to acquire the Bitcoin exchange Bitstamp, local news outlet The Korean Herald reported yesterday, April 25.
Bitcoin Risks Deeper Pullback After Drop Below $9K
After an overnight drop, bitcoin looks to have found acceptance below $9,000 and risks a deeper pullback, the technical charts indicate.
IBM Partners with Jewelry Industry on Hyperledger Supply Chain Project
IBM is collaborating with jewelry industry leaders to create a cross-industry supply chain tracking platform, the tech giant announced on Thursday.
Parity Says 'No Intention' To Split Ethereum Over Fund Recovery
Parity Technologies issued a statement Thursday stating it has no plans to move forward with a code change that would result in an ethereum blockchain split.
Coincheck Owner Monex Plans Proprietary Blockchain, ICO
Monex Group, the Japan-based online brokerage firm that recently acquired cryptocurrency exchange Coincheck, said it is eyeing the development of its own blockchain platform, with an initial coin offering to follow.
Barclays, Goldman Champion ISDA Standard for Blockchain Derivatives
Now, the financial world's blockchain evangelists are pinning their hopes on a broader industry effort to harmonize the way data is presented and reported, regardless of the platform used.
How Existing Distribution Platforms Exploit Artist-Audience Relationships
Third party intermediaries still control the flow of content and money between artists and audiences today.
Blockchain Project To Make Affiliate And Referral Marketing Accessible To All Businesses
A new platform is using Blockchain to make smart marketing programs affordable and practical for small and medium-sized businesses.
Binance Denies Sequoia's Allegation For Exclusivity Breach
Zhao Changpeng, the founder of Binance, one of the world's largest cryptocurrency exchanges by trading volume, has denied an allegation for breaching an exclusivity agreement.
BatchOverflow Exploit Creates Trillions of Ethereum Tokens, Major Exchanges Halt ERC20 Deposits
A newly-discovered Ethereum smart contract exploit has resulted in the generation of billions of ERC20 tokens, causing major exchanges to temporary halt ERC20 deposits and withdrawals until all tokens can be assessed for vulnerability.
SBI Backs Token Exchange Templum's $10 Million Funding Round
SBI Holdings, the venture capital arm of Japanese financial giant SBI Group, has added a stake in token trading platform Templum to its cryptocurrency portfolio companies.
The 17 Millionth Bitcoin Is About to Be Mined: What It Means and Why It Matters
Barring an unforeseen event, the 17 millionth bitcoin is likely to be mined in the coming day, data from Blockchain.
Chilean Anti-Monopoly Court Orders Banks To Re-Open Crypto Exchange's Accounts
Major Chilean cryptocurrency exchange Buda has persuaded a court to order the re-opening of its accounts at two major Chilean banks, Bloomberg reports April 25.Chile's anti-monopoly court published the ruling on its website, ordering state bank Banco del Estado de Chile and Itau Corpbanca to re-open Buda's accounts while the exchange's lawsuit continues against 10 banks, including the aforementioned two.
Crypto Exchange Gemini to Monitor Trading Using Nasdaq Tech
Cryptocurrency exchange Gemini announced Wednesday that it is partnering with Nasdaq to monitor trading activities on its platform.
Spanish BBVA Becomes First Global Bank To Issue Loan Using Blockchain
Banco Bilbao Vizcaya Argentaria became the first global bank to issue a loan using Blockchain technology, FT reports April 25.The Spanish multinational bank said it conducted the entire loan process, from the negotiation of terms to the signing, on a mutually distributed ledger that informed both the bank and the borrower of the loan's progress.
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 25
We had suggested booking partial profits at $9,200 levels in our previous analysis and keeping the stops on the rest at breakeven.
Fitch Ratings: Blockchain Is a Potential 'Game-Changer' for Insurers
One of the "Big Three" credit rating agencies thinks blockchain is a "Game-changing technology."
Celebrities Cash In on Bitcoin and Crypto, Some May Face SEC Action
One of the first places in which the crypto-world is fusing with the real world is through the lens of media and pop culture, with crypto now becoming popular amongst celebrities.
Philippine Gov't To Allow Country's First Crypto Businesses In Special Economic Zone
The Philippine government will allow 10 Blockchain and cryptocurrency companies to operate in the Cagayan Economic Zone, Reuters reports April 25.The companies will reportedly be the first Blockchain and crypto-related firms to legally operate in the Philippines after the Cagayan Economic Zone Authority established a fintech hub with the goal of creating an Asian "Silicon Valley".
Digital Currency Group Adds Zcash Offshoot ZenCash to Crypto Investment List
Digital Currency Group has added ZenCash, a little-known, privacy-focused coin, to its "Conviction list" of cryptocurrencies.
German Securities Trading Bank Reportedly Becomes First In Country To Trade Crypto
VPE WertpapierhandelsBank AG, a German securities trading bank, has partnered with Berlin-based technology company solarisBank to launch a cryptocurrency trading service for institutional investors, according to a VPE press release April 25.VPE is regulated by the Federal Financial Supervisory Authority and is purportedly the first bank in the country to offer a cryptocurrency trading service.
EOS Gains Speed Up Despite Sluggish Market In Advance of Mainnet Launch
The cryptocurrency market may currently be experiencing a corrective slump but EOS is bucking the trend, continuing to rise against a negative market current.
CEO of NASDAQ Would Consider Offering Regulated Cryptocurrencies
The CEO of the NASDAQ, the second-largest exchange in the world by market capitalization, announced that it would consider adding cryptocurrency to its offerings alongside traditional securities.
Cisco Claims New Patent Could Apply to Bitcoin Mining
Network tech giant Cisco won a patent on Tuesday that could be applied to the bitcoin mining process.
"Bitcoin Is A Scam," Claims Ousted CEO Of Paypal
Bill Harris, co-founding but short-lived CEO of Paypal, has written an opinion piece on Bitcoin in which he claims the cryptocurrency is "a scam a colossal pump-and-dump scheme, the likes of which the world has never seen," published on Recode Tuesday, April 24.Harris's argument targeted Bitcoin on three fronts, asserting it is useless as a means of payment, is extremely volatile, and has "No intrinsic value."
FT: Multiple Online Harassment Allegations Against IOTA Team, Foundation Board Member Says He's Not 'Aware' Of Incidents
The Financial Times news outlet published an article Wednesday, Apr 25, detailing allegations levelled by several people against IOTA. According to FT's report, some members of IOTA's team have resorted to threats of legal action or violence when dealing with critics of their project online.
Nasdaq CEO Says Company 'Open' To Becoming Crypto Trading Platform When Market Matures
The CEO of Nasdaq said that the stock market could become a platform for trading cryptocurrencies in the future, if the market becomes more regulated, CNBC's Squawk Box reports Wednesday, April 25.Nasdaq CEO Adena Friedman said during an interview that "Certainly Nasdaq would considering become a crypto exchange over time." Friedman believes that cryptocurrencies "Will continue to persist," the only caveat being the amount of time it will take for the crypto sphere to mature.
US Congressman: 'Race to Regulate' Won't Solve Crypto Fraud
Though fraud is undoubtedly an issue in the cryptocurrency ecosystem, U.S. Congressman Patrick McHenry believes lawmakers shouldn't rush to impose new regulations.