The Latest News about Cryptocurrency

CEO of Lightning Labs, the developer of the Lightning Blockchain scalability protocol, Elizabeth Stark has spoken out to challenge the Wall Street and traditional financial sector narrative that puts its faith in Blockchain, not Bitcoin, to deliver on the radical promises of the crypto phenomenon, Yahoo Finance reported April 5.

Taken in total, the conference in West Philadelphia felt mainly like a day of recruiting pitches by crypto luminaries.

2.This depends on their data use and privacy policies.

A new Chinese blockchain fund has $1.6 billion available to invest in innovative startups - 30 percent of which is backed by a city government.

Blockchain non-profit organization the IOTA Foundation continued its high-profile hiring moves April 9 with the appointment of Dr. Rolf Werner, Head of Central Europe at Fujitsu.

Parker Harris, the co-founder of cloud software giant Salesforce, confirmed that the company is hoping to unveil Blockchain and cryptocurrency support by September 2018, in an interview at the TrailheaDX conference April 5.

South Africans can declare cryptocurrency-related taxable income under standard rules, the country's tax agency has said.

April 9: crypto markets continue fluctuating after a slight uptick yesterday, with almost all of the top ten coins listed on Coinmarketcap in the red.

The Singapore government wants to take an active role in promoting Blockchain in Southeast Asia, according to new remarks on Friday, April 6.

The United Kingdom's Financial Conduct Authority will be publishing a review of cryptocurrencies this year in conjunction with the Treasury of the UK and the Bank of England, according to the FCA's business plan for 2018/2019.

The Singapore government is looking to boost blockchain development in an effort to improve financial inclusion for Southeast Asian countries.

On April 7, Cointelegraph reported on a controversy surrounding Bitfinex, after Polish prosecutors reportedly seized €400 mln from two accounts at a little-known Polish bank, one of which was allegedly linked to Bitfinex.

In the past week news broke that a George Soros backed investment fund was getting into cryptocurrency trading, even though earlier this year, Soros himself had called the digital currency market "Nothing but a mere bubble".

Bitcoin found acceptance above the $7,000 mark over the weekend, boosting the odds of a double-bottom bullish reversal, the technical charts indicate.

South Korean regulator the Financial Services Commission said it would inspect three domestic banks servicing cryptocurrency exchanges to check compliance April 9.

Given all the negative press that Bitcoin has to fight against, the arguments in favor of Bitcoin may sometimes be lost in all the noise.

The account has long been renown for its pro-Bitcoin Cash stance, being blasted by Bitcoin advocates on numerous occasions for defaming its more popular predecessor.

Ethereum has four milestone phases in its development post-release; Frontier, Homestead, Metropolis, and Serenity.

According to Swiss National Bank governing board member Andréa Maechler, private cryptocurrencies have advantages over central bank digital currencies, Cointelegraph auf Deutsch reported Sunday, April 8.The SNB board member told an audience in Zurich that private-sector digital currencies are better and less risky than nationally-issued versions.

Cryptocurrency and Blockchain organizations in Switzerland, Kazakhstan, and Armenia have recently joined those of Russia, China, and South Korea in filing a joint lawsuit against major Internet companies for banning crypto-related advertising, local Russian news outlet RNS reported Friday, April 6.

Malta has made it obvious that it wants to become the "Blockchain island" and it seems determined to achieve its goal.

The aftermath of the January 26 hack of more than $500 mln worth of NEM from Japanese crypto exchange Coincheck has led to a regulatory re-examination of Japan's crypto industry, so far culminating in the $33.5 mln sale of the hacked exchange to Japanese financial services provider Monex Group.

Global equity markets ended mixed last week, ranging from a 2.0% gain for India's BSE 30 Sensex Index to a 1.4% loss for the S&P 500 Index.

A new class action lawsuit has been filed in the United States District Court Eastern District of New York on behalf of investors in Nano, according to a class action complaint signed April 5.

A Change.org petition for "Mak[ing] India at the forefront of Blockchain Applications Revolution" in response to the Indian central bank ending all dealings with crypto-related accounts this week has gained over 17,000 thousand signature since going online April 5.

Along those lines, Bitcoin enthusiasts promote second-layer scaling solutions; they are opposed to any hard forks that may solve said problems, but seek to replace Bitcoin, protective of the "Bitcoin" name, whose user base and brand recognition are unparalleled by other coins.

Venrock, the official venture capital arm of the Rockefeller family, has partnered with crypto investment group Coinfund to support cryptocurrency and Blockchain business innovation, Fortune reported April 6.Coinfund has recently added token-based financial services platform Coinlist, a spinoff of startup connection website AngelList, to the number of projects that it backs.

The last week of March has offered no relief to the battered crypto markets.

Mar 15, 2018 at 02:55 UTCUpdated Mar 15, 2018 at 10:17 UTC. The price of bitcoin is down to start the day, dropping below $8,000 during early-hours trading on Thursday according to CoinDesk's Bitcoin Price Index.

After rumors began to fly late last week that the SEC has been sending out subpoenas to initial coin offerings, some of the biggest projects to yet utilize the funding mechanism have remained tight-lipped, refraining from public commentary.