The Latest News about Cryptocurrency

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

BitGo Co-Founder Ben Davenport Is Stepping Down
Ben Davenport, a co-founder of blockchain security startup BitGo, is stepping down as chief technology officer.
Backpage CEO Pleads Guilty To Laundering Millions In Crypto
Listings site Backpage CEO Carl Ferrer pleaded guilty to conspiracy and three counts of money-laundering, in part via cryptocurrencies, in a plea agreement unsealed in federal court in Arizona on April 12.Ferrer admitted he was aware that the "Great majority" of the site's ads were for prostitution services, and had conspired to conceal their true nature.
Credit Karma: Almost No One Is Reporting Crypto Tax Gains
Users of Credit Karma's tax preparation software appear to be under-reporting their cryptocurrency holdings, according to data provided by the company.
Yahoo Japan Buys Stake in Cryptocurrency Exchange
Yahoo Japan confirmed Friday that it has purchased a minority stake in a Japanese cryptocurrency exchange.
Central Bank Of Kenya Warns Banks Against Dealing In Crypto
The Central Bank of Kenya has issued a circular to all banks in the country, warning them against dealing with cryptocurrencies or engaging in transactions with crypto-related entities, local news outlet Standard Digital reports today, April 13.
Baidu Launches Blockchain Photo Service
The Chinese search engine Baidu launched its blockchain stock photo service to help protect intellectual property in China.
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 13
On April 12, Bitcoin saw the biggest one-hour trade volume in its history, as price rallied by more than $1,000 in a period of thirty minutes.
Coinbase Acquires Ethereum Wallet Startup Cipher Browser
Cryptocurrency exchange Coinbase has acquired mobile ethereum wallet Cipher Browser, the companies announced on Friday.
Russia Orders Telegram Block Over Encryption Key Order
In a move that could have a severe impact on how the global cryptocurrency market communicates, a Russian court has ruled that telecommunications providers must block highly popular encrypted messaging app Telegram within the country.
Morocco Extradites Alleged 'Bitcoin Store' Fraudster to U.S.
Morocco has extradited a British national to the U.S. after he was accused of defrauding investors in a bitcoin-related venture.
Germany's No. 2 Stock Exchange Unveils Crypto Trading App
The fintech arm of Germany's second-largest stock exchange is set to launch a cryptocurrency trading app later this year.
'I'm Thinking $250,000 By 2022': Tim Draper Reveals New Bitcoin Price Target
Bitcoin's substantial $1,300 price correction since yesterday has led to several new bullish predictions for the coming years, with the latest from investment tycoon Tim Draper, who forecasted a whopping $250,000 by 2022 during a speech April 12.
US Tax Filing Service Says 0.04% Of Users Reported Crypto To IRS As Deadline Nears
As the last day to file your taxes in the US approaches, April 17, the Credit Karma Tax platform repeated to reporters that less than 100 people have reported capital gains from crypto investments out of the 250,000 most recent tax filers, CNBC reports today, April 13.
Mayor of Cash-Strapped Louisiana City Pitches ICO
Joel Robideaux, the mayor-president of the Louisiana city and parish of Lafayette, urged local residents on Thursday to consider launching an initial coin offering.
Wall Street Strategist Tom Lee Still 'Confident' Bitcoin Price Will Reach $25K In 2018
Fundstrat Global Advisors cofounder Tom Lee repeated his bullish forecasts for the Bitcoin price Thursday April 12, telling CNBC it could reach $25,000 in eight months.
Zcash Completes 'Powers of Tau' Privacy Ceremony
Zcash is one step closer to undertaking an upcoming hardfork with the completion of its Powers of Tau ceremony.
Indian Crypto Exchange Reports Loss Of $3.5 Mln In BTC, Blames Exec
Indian Bitcoin exchange Coinsecure has reported that around 438 BTC have been taken from the company's Bitcoin wallet allegedly due to misconduct by an employee, according to an April 12 press release.
Russian Gov't Will Block Crypto Industry Favorite Telegram 'In Near Future'
Russian authorities have demanded ISPs ban the crypto industry's go-to encrypted messenger service Telegram on Friday, April 13, just weeks after the project raised $1.7 bln in its ICO presale to support the development of its own Blockchain platform.
World's Capital Cities To Gain Augmented Reality Layer Through 'Digital Land'
An established team of augmented reality developers are planning to "Unite physical and virtual worlds" by creating Digital Land that can be bought, sold, rented or leased.
XVG, EOS, ONT: These 3 Cryptos Are Leading the Market Recovery
The crypto market is finally showing signs of life after a painful first quarter.
Bitcoin Thief Could Be Caned for $300K Robbery in Singapore
Two bitcoin brokers in Singapore were reportedly assaulted and robbed of nearly $300,000 in cash during an in-person meeting with a prospective seller.
Kenya's Central Bank Chief Warns Again On Crypto Risks
The Central Bank of Kenya is once again seeking to dissuade domestic businesses from dealing in cryptocurrencies.
Bermuda Wants Crypto Regulation to Fuel 'Phenomenal' Business Growth
The Bermuda Monetary Authority is seeking public feedback on an anti-money laundering law that would regulate domestic cryptocurrency activity.
Vietnam Toughens Measures On Crypto Amid Suspicion Of Biggest Scam In Industry History
Vietnamese Prime Minister Nguyen Xuan Phuc has urged government and financial bodies to toughen the "Management of activities related to Bitcoin and other cryptocurrencies," in a government directive issued Friday, April 13, following reports of a major ICO scam in the country this week.
Bitcoin Exchange Implicates Employee In $3 Million Theft
India-based bitcoin exchange Coinsecure has announced that 438.318 bitcoins worth $3.3 million were stolen from its service, allegedly due to the actions of a rogue employee.
Blockchain Motor Insurance Trial Moves Ahead in Hong Kong
The Hong Kong Federation of Insurers, a financial industry self-regulator, is developing a blockchain powered platform for the city's motor insurance.
Above $8K: Bitcoin Aims Higher After Bull Breakout
Bitcoin clocked a 2.5-week high of $8,225 on Bitfinex earlier today and could soon scale the $8,500 mark, the technical charts indicate.
Crypto Markets See Steady Growth Following Yesterday's Sharp Price Jump
The cryptocurrency markets are continuing to grow substantially Friday, April 13, after Bitcoin's jump yesterday of over $1,000 in 30 minutes, with BTC today above $8,000 and Ethereum having broken above $500 for the first time since March 26.
Sanctions Compliance For Transactions in Fiat And Cryptocurrencies Are The Same: Expert Take
Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy.
Banking Giant SBI Subsidiary Joins R3 Blockchain Consortium
SBI Bank LLC, a Russia-based commercial bank owned by Japanese financial giant SBI Holdings, is joining the New York City-based banking consortium R3. In an announcement Friday, the bank said it aims to join the financial group to advance R3's Corda distributed ledger platform, and push cross-industry adoption of blockchain technology.
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