The Latest News about Cryptocurrency

Several stakeholders in the ethereum community have pledged support for a governance plan produced by attendees of the EIP:0 Summit.

Following a 72-hour period of descension for most cryptocurrencies, assets such Bitcoin, Ethereum, and Bitcoin Cash are showing signs of potential recovery, while Litecoin and Ripple are taking longer to reascend.

The Financial Executives Research Foundation has released a report prepared in partnership with one of the 'Big Four' accounting and consulting firms Deloitte, on how blockchain technology is being employed in financial applications, Accounting Today reported May 9.The report entitled "Blockchain for Financial Leaders: Opportunity vs. Reality" analyzes how blockchain could affect financial reporting, staffing, and other areas essential to executives.

Bloomberg announced today that they are teaming up with Galaxy Digital Capital Management, founded by Michael Novogratz, to create the Bloomberg Galaxy Crypto Index.

WeChat, a Chinese messaging, social media, and payment application developed by Tencent, has suspended a third-party blockchain application that initiates contract agreements by app users, local news outlet Caijing reported May 9.Xiao Xieyi, a mini-program launched on Wednesday, was promoted as a service to allow users on WeChat to create contract agreements and a unique social media ID using blockchain technology.

Currently, the BTC/USD pair has again pulled back above the $9,000 levels, which is a positive development.

The report shows differences in crypto ownership and knowledge along lines of education, gender, and nationality.

Researchers have identified patterns in certain kinds of zcash transactions that weaken their anonymity, according to a paper published Tuesday.

One of the largest cryptocurrency exchanges in South Korea has recently announced it intends to implement Ripple technology in a new cross-border payments solution.

China's most popular messaging application, WeChat, has frozen a third-party blockchain application designed to introduce the nascent technology to a wide user base.

"What attracted me was a small, scalable blockchain that's still independently verifiable on small nodes," Ravikant told CoinDesk.

Bloomberg has launched a cryptocurrency index in conjunction with Galaxy Digital Capital Management, a digital assets merchant bank headed by billionaire ex-hedge fund manager Michael Novogratz.

Bloomberg and Mike Novogratz's crypto merchant bank Galaxy Digital Management have launched the Bloomberg Galaxy Crypto Index that will track ten cryptocurrencies from the "Largest, most liquid portion of the cryptocurrency market," Bloomberg reports today, May 9.The coins to be listed on the index currently are Bitcoin, Ethereum, Ripple, Bitcoin Cash, ESO, Litecoin, Dash, Monero, Ethereum Classic, and Zcash.

May 9: crypto markets are seeing a mix of green and red after Bitcoin challenged $10,000 on Saturday, May 5, only to be followed by a subsequent drop to as low as $9,000 during the weekend.

Bitcoin and cryptocurrencies are poised to "Fuel a potential new internet" even with a high level of volatility, said Alexis Ohanian, founder of the social media giant Reddit.

Zilliqa has become one of just 28 cryptocurrencies to boast a market capitalization over $1 billion.

An Australian startup is launching a blockchain application in Indonesia that could eventually allow citizens to vote in elections.

A company that has created a multi-asset universal wallet which stores major cryptocurrencies and a wide range of smart contract tokens in one place - a "World first" - says a raft of new features will enable users to enjoy "Maximum access and flexibility" when managing their wealth.

Cameron and Tyler Winklevoss' Winklevoss IP has won a patent application allowing it to settle exchange-traded products using cryptocurrencies, the US Patent and Trademark Office revealed Tuesday, May 8.The successful patent application, which the twins originally filed in December 2017, outlines "Systems, methods, and program products" for crypto-based asset trading.

EOS seems to be preparing for a move back toward all-time highs, price chart analysis indicates.

similar regulatory framework is planned for crypto exchanges, local IT media outlet dev.

South Korean cryptocurrency exchange Coinone is turning to Ripple's enterprise blockchain network for cross-border payments.

Canaan Creative, China's second-largest Bitcoin mining hardware manufacturer plans to seek an Initial Public Offering on the Hong Kong Stock Exchange.

Chamath Palihapitiya, a self-professed "Disciple" of investors Warren Buffett and Charlie Munger - has said that the two crypto skeptics are "All wrong" about Bitcoin, CNBC reports Wednesday, May 9.At the beginning of this month, Buffett called Bitcoin "Rat poison squared," and Munger said that investing in crypto was akin to "Trading freshly harvested baby brains." Earlier this year, Buffett had said that Bitcoin did not fit the requirements to be a currency.

A new version of the code of Casper, a planned improvement to the Ethereum network's economic consensus protocol, has been released by developers May 8.On Tuesday, Danny Ryan, the developer of Casper the Friendly Finality Gadget, posted a Casper v0.1 "First Release" of the code on GitHub, admitting that "v0.1.0 marks us more clearly tagging releases to help clients and external auditors more easily track the contract and changes."

Bermuda is one of several small territories and microstates striving to leverage their nimble governments to attract blockchain and crypto businesses by creating regulatory certainty where other, larger governments have failed to deliver thus far.

U.S. House Subcommittees on Oversight and on Research and Technology gathered yesterday to hold a joint hearing, tellingly titled "Leveraging Blockchain Technology to Improve Supply Chain Management and Combat Counterfeit Goods."

Major international telecommunications companies Colt Technology Services and PCCW Global have collaborated with a blockchain startup to progress with a blockchain proof of concept.

Bitcoin storage provider Xapo now holds about 7% of the world's total Bitcoin supply in its vaults, "Roughly" amounting to $10 bln, Bloomberg reports May 9 quoting unnamed sources.

Colt and PCCW Global have added notable new members to a blockchain trial that aims to cut costs in the telecoms industry.