The Latest News about Cryptocurrency

We had anticipated the start of a new trend once prices broke out of $745 the higher levels attracted selling and prices fell to $637 levels where buying emerged.

Australian consumers lost approximately $2.1 mln to cryptocurrency scams last year, according to the Australian Competition and Consumer Commission's annual scams report published May 21.The ACCC's analysis reveals that the use of digital currencies as a payment method in scams peaked in the last quarter of 2017.

US and Canadian state and provincial securities regulators have opened probes into potentially fraudulent crypto investment programs in what has been dubbed "Operation Cryptosweep", according to a press release May 21.

A company billing itself as "The world's first decentralized streaming platform for gamers and esports fans" is preparing to host a virtual Hearthstone tournament within the coming days.

Google is apparently trying to recruit Ethereum co-founder Vitalik Buterin to join their team, according to a since removed tweet by Buterin, reportedly posted May 20.Buterin posted a since deleted tweet with a screenshot allegedly from a Google recruiter asking if Google "Ma[d]e sense for you now or in the future," along with a poll to the Twitter community over whether or not to take the job.

All of these raise tax issues, and can be confusing.

One of the largest financial supervisors in Europe met with the National Bank of Georgia and other members of the finance sector to discuss cryptocurrency regulation, according to a post on the NBG's site May 18.According to the post, a representative from Germany's Federal Financial Supervisory Authority met with members of the NBG, the international financial institutions, private sector, commercial banks, brokers, audit, and legal companies to increase awareness of crypto in the country.

Part of what has cemented cryptocurrencies on the map since they exploded into the mainstream investor market has been their volatility.

Thailand's Securities and Exchange Commission held a focus group on cryptocurrency regulation today, May 21, streamed on Facebook Live.

Walmart has filed a patent for a blockchain-based marketplace for reselling purchased products, according to a US Patent and Trademark Office USPTO patent filing from May 17.

A new patent application from retail giant Walmart shows how blockchain could be used to augment its digital offerings for consumers.

Australian consumers lost more than $2.1 million to cryptocurrency scams in 2017, the country's Competition and Consumer Commission says.

The Mitsubishi UFJ Financial Group has partnered with major U.S.-based cloud delivery platform Akamai Technologies to release a global payment network based on blockchain, Cointelegraph Japan reports today, May 21.

If a series of high-profile vulnerabilities weren't enough to persuade you that today's smart contracts are insecure, a group of computer scientists that have been researching the tech since the 1980s just might.

Since the beginning of the ICO fervor in early 2017, cryptocurrency investing became a worldwide trend - making and toppling millionaires each day.

An "International crackdown" on cryptocurrency scams was launched Monday by a group of securities regulators in Canada and the United States.

Poland's Ministry of Finance will temporarily suspend tax collection for cryptocurrencies, the Polish Press Agency reported May 18.

Bitcoin hogged the limelight in the cryptocurrency markets last week as it fell to one-month lows below $8,000.

Bank of Tokyo-Mitsubishi UFJ, one of the world's five largest banks, confirmed it is currently working toward its own cryptocurrency launch.

Canaan Creative, one of the biggest manufacturers of bitcoin mining chips and devices, has filed for an initial public offering with the Stock Exchange of Hong Kong.

Bitcoin.com's CEO Roger Ver and COO Mate Tokay have become advisors to a fintech startup MoneyToken, as reported in MoneyToken's announcement.

On Hainan Island, China's Hawaii, in the shadow of sanctions, tit-for-tat tariffs and a looming trade war, China's paramount leader stood up for globalization last month by launching a surprise defense of world trade.

A major Blockchain Industry White Paper published by China's Ministry of Industry and Information Technology reveals that the domestic blockchain industry saw "Exponential" growth in 2017, according to a ministry press release today, May 21.The 157-page report shows that 178 new blockchain startups were launched in China in 2017, bringing the total number to 456.

UK trading platform LMAX has announced its entrance into the cryptocurrency market, launching an exchange targeting institutional investors, Financial Times reports today, May 21.

The state of Colorado could soon allow political committees to accept contributions in cryptocurrency.

The Oyster team plans to release another token known as Oyster Shell.

The outgoing CEO of OKEx crypto exchange has joined rival exchange Huobi just days after resigning from his former post, Cointelegraph Japan reports today, May 21.

Chris Lee, the former CEO of Hong Kong-based crypto exchange OKEx, has announced he is joining rival platform Huobi as its vice president of global business development.

VeChain's VEN token rose 5% after an announcement from the VeChain Foundation unveiling a new development plan and whitepaper.

Bitcoin has bounced back above $8,500, but the rally is not backed by decent trading volumes, the technical charts indicate.