The Latest News about Cryptocurrency

The latest "Project Jasper" blockchain trials have shown that distributed ledgers are effective at automating securities settlements in real-time, according to Bank of Canada and two partners on the project.

8.Forks can be used to launch new coins on hosted wallets.

Bitcoin prices fell to three-week lows of around $8,540 on May 11, as markets reacted to a flash investigation of South Korean exchange Upbit and a fresh Mt.Gox funds liquidation.

The seized equipment is being linked to a series of thefts in Iceland late last year.

Play2Live, a streaming platform for gamers and eSports fans, announced that it is developing its own blockchain infrastructure called Level Up Chain, as the startup team reported to Cointelegraph.

Announced Friday, the Palo Alto-based startup will unveil the world's first "Crypto beer vending machine" at CoinDesk's Consensus 2018 next week.

Lady Monika Bacardi of the Bacardi rum empire has made an investment valued at $100 mln in a blockchain-powered social entertainment platform, according to an announcement from the company shared with Cointelegraph today, May 11.

Don't judge a self-proclaimed bitcoin maximalist by his trollish tweets.

Blockchain services provider Bitfury has hired an 11-year veteran of the U.S. Department of Justice to lead the American push of its bitcoin blockchain tracking product, Crystal.

Upbit, South Korea's largest cryptocurrency exchange, is being investigated by local police and ten investigators for alleged fraud, local news outlet Chosun reports today, May 11.

Blockchain technology is shaking up the legal industry.

Bitcoin hit a three-week low of $8,713 on Bitfinex earlier today and looks set to extend losses further, price chart analysis indicates.

Prosecutors in South Korea have reportedly raided the largest cryptocurrency exchange in the country, UPbit.

September 12, 2017 will go down in infamy when talking about the relationships between traditional fiat financial institutions and their views on cryptocurrency.

Digital asset trading service Crypto Facilities is launching ethereum futures contracts.

The cryptocurrency market is experiencing several drops through established currencies and altcoins alike.

Chinese telecommunications firm and smartphone maker Huawei is partnering with BTC.com to roll out a mobile cryptocurrency app for the tech giant's proprietary app store.

A state-owned scientific institution overseen by China's Ministry of Industry and Information Technology has announced that it will produce monthly assessments of blockchain projects.

Despite ICO and crypto exchange bans, Chinese public support for blockchain applications persists.

Nouriel Roubini was in full attack mode in his latest crypto debate.

Nvidia, an American graphics processing units manufacturer, has recently reported that the company generated $289 mln from processor sales to the crypto market, Bloomberg reports May 10.This is reportedly the first time Nvidia shared information regarding its revenue from chip sales to the crypto mining market.

Pineapple Fund, a Bitcoin-only charity, has reportedly accomplished its ultimate mission and donated 5104 bitcoins or $55 mln to various nonprofit organizations, the fund's creator wrote in a farewell post on Reddit May 10.In December, when the BTC price approached its record high of $20,000, an anonymous donor who goes by the nickname Pine set a goal to give away 5057 bitcoins worth around $86 mln at the time.

Crypto exchange Lykke has partnered with two former executives from IBM and UBS to launch a blockchain-focused accelerator and venture firm.

In this instance, the US bank first sent USD to a gateway where it was converted into XRP. Next, the XRP was sent to a gateway in Mexico where it was then exchanged for Pesos.

Huawei Technologies Co., a Chinese multinational communications technology company, has announced that mobile phone users will be able to download Bitcoin wallets on new Huawei devices starting Friday, Bloomberg reported May 10.Huawei is releasing BTC.com's Bitcoin wallet in its AppGallery app store, which will be pre-installed on all new Huawei smartphones, according to Alejandro de la Torre, vice president of business operations at BTC.com.

Wenn Digital, the developer of a blockchain-based image rights platform licensed by Kodak, announced Thursday that it plans to attract up to $50 mln in a combined public and private token offering, Reuters reported May 10.Wenn Digital has developed an image protection, monetization, and distribution platform secured via blockchain called KODAKOne, which is designed to protect the copyright of images or photographs registered on the platform.

Financial institutions who participated in a recent pilot of Ripple's xRapid platform have reported transaction savings of 40-70 percent, Business Wire reports Thursday, May 10.

Global diamond giant De Beers announced Thursday that it tracked 100 high-value diamonds from the mine to the retailer using blockchain technology.

While on the surface, cryptocurrency exchanges may resemble stock markets in some ways - matching buyers with sellers and publishing prices - when examined closer, they differ quite vastly in terms of their overall associated risks and functionality.

Distributed ledger startup Ripple published the results of its xRapid pilot programs on Thursday,.