The Latest News about Cryptocurrency

Litecoin has experienced a shaky start to 2018, with LTC prices dropping dramatically subsequent to the cancellation of the widely-hyped LitePay launch.

The government of Belgium is making a contribution of €2 mln to promote a Blockchain project by the World Food Programme, the WFP announced April 19.

An alliance of lawyers, venture capitalists, and entrepreneurs have recently met with the US Securities and Exchange Commission to petition for the creation of cryptocurrency "Safe harbors" for specific cryptocurrencies and tokens, including Ethereum.

Taiwanese Minister of Justice, Chiu Tai-san, said that the country will roll out new regulations for virtual currencies later this year, Taiwan Central News Agency reported April 20.

Amazon Web Services have recently launched a new foray into the world of distributed ledger technology, announcing the release of AWS Blockchain Templates for Ethereum and Hyperledger Fabric.

The Supreme Court of Russia has ordered the St. Petersburg City Court to consider an appeal to the ban of a cryptocurrency information website, Russian Legal Information Agency reported April 20.

The expected next president of the New York Federal Reserve Bank said that cryptocurrency "Doesn't pass the the basic test of what a currency should be", CNBC reports April 20.

Contrary to recent media reports, the Chief Scientist of Quebec has not downplayed concerns about the illicit use of cryptocurrencies, his office said.

At press time, the currency is trading for roughly $8,500, and the downward spiral users were witnessing last week appears to be in an ending phase.

Amazon Web Services cloud platform has recently introduced its Blockchain framework for Ethereum and Hyperledger Fabric allowing users to build and manage their own Blockchain-powered decentralized applications, AWS announced in a blog post Thursday, April 19.

IOTA integration into vehicle charging stations demonstrates the potential of seamless Machine-to-Machine transactions.

The Supreme Court of Russia has directed a court in the city of St. Petersburg to consider an appeal against a blocked cryptocurrency information website.

The Department of Justice has unveiled fraud charges against another co-founder of cryptocurrency startup Centra, a move that comes weeks after two other founders were arrested and charged.

Raising $6.3 billion in the first quarter of 2018, the first three months of ICO contributions have outstripped the total raised in 2017.

Bitcoin trading platform LedgerX has seen a sevenfold increase in volume in the six months following its launch of cryptocurrency derivatives.

Spring's chorus of bullish predictions for Bitcoin appears to be having some corroboration from recent markets, as Bloomberg reports on Bitcoin's 4 percent gain today, April 20, putting the coin on track for its first back-to-back week of gains this year.

AngelList, a website for startups offering vacancies to job seekers and investment opportunities for angel investors, reported that the number of crypto job openings has doubled in the past three months, according to their weekly newsletter published Thursday, April 19.

Alternative cryptocurrencies shone bright this week, as the wider cryptocurrency market saw continued resurgence.

Amazon Web Services, the e-commerce giant's cloud computing arm, has unveiled a new service for launching out-of-the-box blockchain networks for the ethereum and Hyperledger Fabric protocols.

JPMorgan Chase, the National Bank of Canada, and other banking sector participants have tested the Quorum Blockchain platform with the intent to make the process of issuing financial instruments more efficient, Reuters reports Friday, April 20.

Ethereum co-founder Vitalik Buterin has hit out at Blockchain platform Tron, among others, telling mainstream media April 18 it was an example of "Projects that never had a soul."

JPMorgan Chase has partnered with National Bank of Canada and other major firms to trial a blockchain platform aimed to improve the debt issuance process.

In an extremely confounding move that will further restrict the financial rights of its users, PayPal issued a statement announcing that as of April 19, it will initiate a number of changes that will aim to introduce more transparency within the company's internal monetary dealings.

Members of the European Parliament have voted in favour of EU anti-money laundering reforms, which will include closer regulation for cryptocurrencies, by 574 votes to 13 votes, with 60 abstentions, according to an EUP press release April 19.

Is the reversal of a lesser-known bitcoin price indicator signaling a bull trap?

Taiwan Semiconductor Manufacturing Co., a global chip manufacturing giant, has lowered its 2018 revenue forecast to 10 percent growth, down from its previous estimate of 10 to 15 percent, based in part on uncertainty in cryptocurrency mining demand, CNBC reported April 19.

Taiwan aims to formally regulate bitcoin under anti-money laundering rules before the end of the year.

The crypto markets are continuing on their upswing today, with Bitcoin over $8,500 and Ethereum approaching $600, according to Coin360 data.

US regulators have fined Tezos cofounder Arthur Breitman $20,000 and barred him from broker-dealer interaction until 2020, Reuters reports April 20.

"Bogus stories about Telegram come one after another. Don't be fooled."