The Latest News about Cryptocurrency

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

Asset Freeze Continues for Public Company That Pivoted to Crypto
The U.S. Securities and Exchange Commission is likely to win its case against three individuals associated with Longfin Corp, a company whose stock skyrocketed after a blockchain pivot, said a federal judge.
Love Crypto? Love to Travel? How to Travel the World Using Crypto
Cryptocurrency is not mainstream yet, but for those comfortable with using it, it may be the answer to making the travel experience smoother.
South Korean Lawmakers Introduce Bill To Legalize New ICOs
A group of South Korean lawmakers is working on a bill to legalize the launch of new initial coin offerings and digital currencies, local news outlet The Korea Times reported May 2.Rep. Hong Eui-rak of the ruling Democratic Party of Korea is leading the move along with 10 other legislators to back the bill and have it endorsed this year.
BlackRock Investment Firm Analysts Quit To Establish $20 mln Blockchain Venture Fund
Three analysts quit their jobs at $6.3 trln international investment giant BlackRock to found a $20 mln venture capital fund Eterna Capital, which will focus on blockchain projects, Financial News reported May 2.The $20 mln venture capital fund reportedly aims to attract institutional investors and will operate under the direction of Andrea Bonaceto, who established online recruitment platform HiredGrad in 2014.
#EIP-999: Why A Vote To Release Parity Locked Funds Evoked So Much Controversy
Parity's recent call for a vote on their submitted EIP-999, which would allow for affected users to regain access to their assets stored in the multisig wallet, caused a stir within the Ethereum community, even prompting Vitalik Buterin himself to call for a boycott of Consensus 2018, stating "Sensationalist" coverage of EIP-999 as part of the reason.
Reddit Co-Founder Says Ethereum Price Will Reach $15,000 This Year
Alexis Ohanian, a co-founder of Reddit, said that he predicts the price of Ethereum will reach $15,000 in 2018, Fortune reports May 2.Ohanian, who now works full-time at a venture capital firm Initialized Capital, said in an interview, "At the end of the year, Bitcoin will be at $20,000. And Ethereum will be at $15,000. Great, now people can call me out if I'm wrong." He said that he's bullish on ETH because "People are actually building on it."
Mastercard: Crypto Card Bans A Factor in Q1 Volume Decline
Moves by major banks to ban their customers from using their payment cards to buy cryptocurrencies led to a dip in cross-border transaction volume during the first quarter of 2018, Mastercard's chief financial officer said Wednesday.
Coinbase Discloses Corporate Data In Response to NY Crypto Inquiry
Coinbase, the U.S.-based cryptocurrency exchange startup, has posted part of its response to New York Attorney General Eric Schneiderman's ongoing inquiry.
Crypto Price Watch: Bitcoin, Ethereum, Bitcoin Cash, Ripple and Litecoin Climb Further into the Green
While a $10,000 price boost is still considered possible and BTC is lying on an ascending plane, a drop to $8,700 could occur granted support for the currency falls below present levels.
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, TRON, EOS: Price Analysis, May 02
A breakdown below $1,221 will prove to be negative, and the BCH/USD pair can slide to below $1,000 levels.
BlackRock Staffers Depart to Start Blockchain Investment Fund
The steady drumbeat of departures from traditional finance to the blockchain industry continues.
WSJ: Telegram Cancels Plans To Launch Public ICO Due To Abundance Of Funds Already Raised
The Wall Street Journal reported today, May 2, that Telegram's plan to launch an Initial Coin Offering has been scrapped.
Trend Micro: 'FacexWorm' Malware Variant Targets Crypto Users
A malicious Google Chrome extension known for its effectiveness has been revamped to target cryptocurrency exchanges, cybersecurity company Trend Micro reported this week.
Judge Rules Against Alibaba In Trademark Token Lawsuit
U.S. District Judge Paul Oetken rejected digital retail giant Alibaba's trademark lawsuit against the Alibabacoin Foundation at the end of April, court filings show.
EOS, TRX, ADA: April's Crypto Winners Saw Over 100% Gains
In a sign of that recovery, the value of the total crypto market increased by 63 percent to $431 billion, according to CoinMarketCap, and as the final tallies prove, there were gains to be had for savvy traders willing to shoulder the risk.
US Judge Denies Alibaba's Request To Stop Alibabacoin From Using Matching Name
A US court has ruled this week against the Chinese e-commerce giant Alibaba's request for an injunction against the Dubai-based Alibabacoin Foundation due to their similar names, Forbes Middle East reported yesterday, May 1.In the beginning of April, Alibaba sued the ABBC Foundation for copyright infringement, alleging that Alibabacoin engaged in "Prominent, repeated, and intentionally misleading" behavior using the company's name.
US House Legislators To Hold Hearing On Blockchain Tech Use In Supply Chain Management
Two United States House Subcommittees will be meeting next week for a hearing on blockchain technology in supply chain management, according to a notice published on the Subcommittee on Science, Space, and Technology's website.
Blockchain Acquires Startup for San Francisco Expansion
London-based cryptocurrency wallet and data provider Blockchain will open an office in San Francisco, the company announced on Wednesday.
Crypto Markets Showing Positive Signs, With Gains For Top Ten Coins
Wednesday, May 2: the crypto markets are reasserting their recovery from recent corrections, with all of the top ten coins by market cap showing percentage gains today, as Coin360 data shows.
Dubai Launches Blockchain Business Registry To Ease Market Entry
Dubai has partnered with IBM to launch a Blockchain registry that will help businesses operate under its jurisdiction.
Advertising On Social Media, Explained
Your level of education, ethnicity, whether you own a home, relationship status, birthday, job, political views, car, internet browser, investments and TV habits are just some of the types of data that can be used.
US Lawmakers to Hear Case for Blockchain Supply Chain
Lawmakers in the U.S. Congress are set to hold a hearing on blockchain tech's use in global supply chains next week.
Fundstrat's Robert Sluymer Says Crypto Market Technicals Suggest Buying
Robert Sluymer of Fundstrat Global Advisors gave his technical analysis of 2018's cryptocurrency markets, with particular focus on Ethereum and Bitcoin, on CNBC Tuesday, May 1.Sluymer drew a parallel between the significant impact of uncertainties surrounding regulation and taxation on trading prices in January 2018 - which saw ETH plummeting from $1,000 to $350 - and today's situation.
Bitcoin Network Hashrate At All Time High Even Among Market Corrections
The Bitcoin network's hashrate is continuing to climb today, May 2, according to data from BitInfoCharts.
EEA Releases Standardized Architecture Stack For Privacy-Focused Web Apps On Ethereum
The new software stack standardizes the specifications for Ethereum-based business applications for the Web 3.0 era.
Dubai Government Unveils Blockchain Business Registry
Dubai's government is using blockchain technology to make it easier for companies to set up and operate in the country.
And It's Got a Roadmap to Prove It
Apart from a steady stream of new members, there has been a lull of live projects, one that has led some to theorize the consortium might not deliver on standards for enterprise use of the world's second-largest blockchain.
New Blockchain Research Group Launched By 30 Members Including Car Giants BMW, GM
Four of the world's biggest car manufacturers launched their joint blockchain platform May 2 in a bid to change transportation, according to a TechCrunch report Wednesday.
BMW, Ford, GM: World's Largest Automakers Form Blockchain Coalition
The work will kick off with in-person member meetings to form project teams for areas such as vehicle identity and data tracking; ride sharing; mobility ecosystem commerce; and data markets for autonomous and human driving.
Korean Peace Treaty Goes Live On Ethereum Blockchain, Forever
A South Korean developer made history April 27 when he decided to record details of a North and South Korea peace treaty on the Ethereum blockchain.
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