The Latest News about Cryptocurrency
Find the latest, and the most interesting, cryptocurrency news collected from around the net.
There's a Bigger Scam Than Anything in Crypto, It's Called KYC/AML
Stepping back, in 1970, the U.S. passed the Bank Secrecy Act, which weaponized banking and financial institutions, turning them into an unofficial secret police.
Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper
Central bank-issued cryptocurrency can potentially bring economic welfare gains for Canada and the U.S., according to a central bank researcher.
Crypto Markets Tumble as SEC Rejects Winklevoss Twins' Second Bitcoin ETF Application
Crypto markets have taken a sharp downturn, today, July 27, with all of the top ten coins by market cap hit by hefty losses and Bitcoin dipping back below the $8,000 psychological price point, as data from Coin360 shows.
Top 10 Crypto Deals in 2017 Returned Over 136,000% on Average, Report Shows
Research into the top ten crypto deals in 2017 based on their investment returns has revealed that on average each returned over 136,000 percent, according to data shared with Cointelegraph by Crypto Finance Conference analysts July 27.
Capital Goods Giant CNH Industrial Partners With IBM on Long-Term Blockchain Upgrade
One of the world's largest capital goods companies has agreed to a multiyear deal with IBM to implement blockchain technology, a press release confirmed July 26.
Audi Think Tank to Explore IOTA's Tangle
IOTA and Audi Denkwerkstatt - the German car manufacturer's think tank - have teamed up to explore the Tangle for building a permissionless mobility ecosystem, together embarking on a one-week Google Design Sprint in Berlin.
SEC Denies Winklevoss Bitcoin ETF, SEC Commissioner Officially Dissents With Ruling
The SEC has announced the rejection of the Winklevoss twins application for a Bitcoin ETF, marking the second time a crypto exchange-traded fund application by the Gemini exchange founders has been denied.
Skrill Adds Wallet Support for Bitcoin, Bitcoin Cash, Litecoin, and Ethereum
On July 25, 2018, London-based Skrill announced its support of four major cryptocurrencies on its popular wallet application.
$1 Billion Chinese Blockchain Fund Denies Report of Government Pull-Out
A $1 billion Chinese blockchain fund launched in April has denied a report that the local government will withdraw its financial support following the leak of a recording involving a former partner of the fund.
Bitcoin Retains Bull Bias Despite Price Drop to Below $8K
Bitcoin's drop below $8,000 yesterday may have tempered the positive mood in the market, but the broader outlook still remains bullish, technical charts indicate.
Platform to Allow Users to Spend Metal-Based Crypto Using a Debit Card
Kinesis says these currencies - known as KAU and KAG - are based one-to one on allocated physical gold and silver.
Poloniex Is Officially in Trouble After Ignoring Hoards of Complaining Customers
On July 25, the Department of Justice showed its interest in Poloniex - a Delaware-based cryptocurrency exchange platform - in a rather unexpected fashion: Chief Special Investigator of the Investor Protection Unit Craig Weldon emailed a number of Poloniex users, asking them to respond if they have any difficulties with their account.
HashFlare's Exit and the Future of Cloud Mining
Cloud mining - a service that enables individual users to lease hashing power from dedicated cryptocurrency mining operations - came forth as professionalization and cartelization of the mining business began to drive out smaller and insufficiently equipped players from the scene.
Crypto Exchange Coincheck's Owner Monex Reveals Plans to Open US Trading Platform
Online broker Monex Group, which bought out hacked Japanese cryptocurrency exchange Coincheck this spring, plans to launch a U.S.-based trading platform, Cointelegraph Japan reported today, July 27.
Bitcoin.com Accused of Strong-Arm Tactics Over Bitcoin Cash Exchange Listings
Roger Ver's campaign to promote Bitcoin Cash adoption has sparked debate in the cryptocurrency community after the release of an email exchange between crypto trading platform Bity and Bitcoin.com.
Cryptocurrency Hegde Funds are Shorting Ethereum, Cite Scaling Issues
Despite supporting thousands of cryptocurrencies on its open-source platform, institutional investors are seemingly bearish on the broader use case of Ethereum, the world 's second-largest digital currency by market cap.
TransferTo Partners with Stellar to Increase Payments Coverage in Underdeveloped Regions
U.K.-based cross-border payments processor TransferTo signed a partnership with the Stellar foundation, the entity behind Stellar Lumens, on July 25, 2018, to enable faster mobile payments in emerging markets.
Asset Manager Bitwise Files for a Top-10 Cryptocurrency ETF
Institutional solutions to cryptocurrency investing are on the rise.
No, Crypto Isn't Just for Libertarians Anymore
While some say crypto is apolitical, others argue a technology that takes direct aim at central bank-driven monetary policy can't be anything otherwise.
Indian State of Telangana to Sign MoUs With Blockchain Firms, Streamline Gov't Services
The Indian state of Telangana announced it will sign several memoranda of understanding with blockchain firms as to eventually implement the technology in state applications, local Indian news agency the Business Standard reports July 26.
Crypto Bank Galaxy Digital Loses $134 Million in Q1
Crypto investment bank Galaxy Digital lost $134 million in the first quarter of 2018, largely due to declining cryptocurrency prices, the company announced in a quarterly earnings report Wednesday.
South Carolina Ends Cease & Desist Orders Against Crypto Startups
South Carolina's securities regulator has ended cease-and-desist orders against two blockchain startups, public documents revealed Thursday.
Accenture May Use Blockchain to Track the Quality of Shipments
Professional consulting giant Accenture Global Solutions may be considering using blockchain to streamline and automate shipping logistics.
CME Will Not Introduce Altcoin Futures Anytime Soon, Says CEO
The Chicago Mercantile Exchange will not introduce futures on cryptocurrencies other than Bitcoin in the near future, CME CEO Terry Duffy revealed in an interview with Bloomberg July 26.
South Carolina State Regulators Withdraw Enforcement Actions on Two Blockchain Startups
The Securities Division of the Office of the Attorney General of South Carolina has removed cease-and-desist orders against two blockchain startups, according to public documents published July 26.
Crypto Merchant Bank Galaxy Digital Lost $134 Million in The First Quarter of 2018
Mike Novogratz's crypto-focused merchant bank Galaxy Digital released its first quarter report for 2018, posting a $134 million loss as cryptocurrency markets slumped, according to Bloomberg July 26.
Vietnam's Securities Regulator Warns Industry to Avoid Crypto Activities
Vietnam's securities regulator has warned industry companies and funds in the country to avoid activities related to cryptocurrencies.
Winklevoss Brothers Bitcoin ETF Rejected By SEC for Second Time
The U.S. Securities and Exchange Commission has once again rejected an effort by investors Cameron and Tyler Winklevoss to list a bitcoin ETF. The move comes more than a year after the SEC turned down a rule change request from the Bats BZX Exchange that would have paved the way for the bitcoin-tied investment vehicle.
Major Crypto Assets See Solid Growth, Total Market Cap Holds Above $300 Billion
July 26: crypto markets are seeing a healthy flush of green, with most of major crypto assets seeing solid growth over the 24-hour period, as data from Coin360 shows.
Winklevoss Twins Bitcoin ETF Application Rejected by SEC
The U.S. Securities and Exchange Commission has rejected the application for a Bitcoin exchange-traded fund by brothers Tyler and Cameron Winklevoss, according to a release published by the SEC Thursday, July 26.