The Latest News about Cryptocurrency
Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Report: US Court Claims Rapper T.I. Sold Unregistered Securities in FLiK ICO
The Atlanta division of the United States district court of the northern district of Georgia claims in an order published on May 20 on Twitter by lawyer Stephen Palley that Rapper T.I. - real name Clifford Joseph Harris Jr. - sold unregistered securities in his FLiK initial coin offering.
Crypto Exchanges Bitfinex and Ethfinex Jointly Launch Initial Exchange Offering Platform
Major cryptocurrency exchange Bitfinex and its spin-off Ethfinex have launched a new initial exchange offering platform dubbed Tokinex.
Cryptocurrency exchanges see massive increase in monthly trading volume, bull market solidifying
CryptoCompare, a leading provider of cryptocurrency data and indices, found that the top 15 exchanges all experienced an increase in monthly volume.
Worldwide crypto acceptance is within reach thanks to Coinbase Commerce's USDC stablecoin integration
Crypto as a method of payment has just gotten easier.
Zimbabwe Stock Exchange Eyes Blockchain-Based Products, Needs Regulatory Clarity
"Then there is the money side to blockchain technology. This is a bit difficult, in terms of regulation, we are not yet clear on this and we do not want to do something where regulation is not clear as an exchange. But the technology side is very good."
UK Watchdog Reports $34 Million Lost in Crypto and Forex Scams Last Year
The primary financial regulator of the United Kingdom, the Financial Conduct Authority, reports that crypto investors in the country lost over $34 million due to cryptocurrency and forex scams from 2018-2019 the Financial Times reports on May 20.According to the data, which the FCA gathered from the U.K. national fraud and cybercrime reporting center, Action Fraud, individual loss due to scams decreased from $76,000 to $18,500 while total losses fell by $14 million.
VanEck-SolidX Bitcoin ETF delayed by SEC for public comments
The VanEck-SolidX Bitcoin ETF was delayed another five weeks in an order issued by the Securities Exchange Commission.
IRS Says It Will 'Soon' Issue Crypto Tax Guidance in First Since 2014
The U.S. Internal Revenue Service is working on its first tax guidance for cryptocurrency since 2014, the agency's commissioner told a lawmaker Monday.
NYSE Arca Seeks Rule Change to List ETF Backed by Bitcoin and T-Bills
NYSE Arca has formally applied to the Securities and Exchange Commission for a rule change that would allow it to list shares in a proposed bitcoin investment trust.
Austrian Fiber Producer Lenzing to Launch Blockchain-Enabled Tracking in 2020
Major global fiber producer Lenzing will implement blockchain tech to bring more transparency to its fiber supply chain, the firm announced on May 17.
US SEC Postpones Verdict on VanEck and Bitwise ETF Application, Again
The United States Securities and Exchange Commission has delayed its decision on the VanEck and Bitwise bitcoin exchange-traded fund proposal, according to an official SEC filing on May 20.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 20
Analysts at JPMorgan Chase have said that, after the rally, Bitcoin is trading above its intrinsic value.
US Tax Authority Prioritizes Issuing Guidance on Cryptocurrencies
The United States Internal Revenue Service has prioritized issuing tax guidance on cryptocurrencies, according to a May 16 letter.
Dutch Bank ABN AMRO Launches Blockchain Inventory Tracking Platform 'Forcefield'
Dutch bank ABN AMRO announced that it is launching a blockchain inventory tracking platform dubbed Forcefield in a press release published on May 17.Per the announcement, the platform is an Internet of Things solution that allows the monitoring of physical trade inventories with sensors and near-field communication chips.
Low Turnout Hinders MakerDAO Vote to Decrease Stablecoin Stability Fee by 2%
The vote to decrease stability fee for MakerDAO's Ethereum blockchain-based decentralized stablecoin Dai has failed, according to the voting results published on May 20.The vote about whether to decrease the fee by 2% to 17.5% per year started yesterday, May 19.
Expert: SEC Still In Information-Gathering Mode Regarding Bitcoin ETF
The United States Securities and Exchange Commission is "Still in information-gathering mode" regarding a bitcoin exchange-traded fund, the managing director of ETF.com told CNBC on May 20.Dave Nadig, managing director of leading authority on ETFs, delivered his comments on the issue during an interview with the ETF Edge show.
Dragonchain awarded patent for blockchain-powered loyalty system
Dragonchain, an enterprise blockchain-as-a-service provider originally developed out of a Disney technology incubator, was awarded a patent for a loyalty system that tracks and monetizes time on the blockchain, according to documents published by the U.S. Patent and Trademark Office.
MakerDAO Fee Decrease Stalls Amid Decline in Token Holder Voting Turnout
After an initial round of polling last Thursday, MakerDAO token holders have failed to finalize a decision to decrease fees for users on DAI stablecoin loans taken out through MakerDAO's programmatic lending protocol.
Coinbase Records Highest Weekly Ethereum Trading Volume Since 2017
Weekly trading volume for the world's second largest cryptocurrency by market value, Ethereum, reached its highest notional value in over 17-months on the popular exchange Coinbase.
The Cryptopia Hackers Are Moving Funds Into at Least Four Wallets
Even as hacked crypto exchange Cryptopia goes into liquidation, the thieves who cleared at least $16 million in ethereum appear to have begun moving the stolen crypto into multiple wallets.
SEC Delays Decision on VanEck/SolidX Filing in Latest Bitcoin ETF Setback
The U.S. Securities and Exchange Commission has again delayed a decision on a bitcoin exchange-traded fund proposal.
Venezuela Tries to Avoid US Sanctions By Trading In Rubles and Crypto
Venezuela and Russia are in talks to use the ruble in mutual trade settlements, thereby abandoning the commonly-used US dollar in country-to-country transactions.
UK-Based Global Funds Network Calastone Switches Entire System to Blockchain
London-based global funds network Calastone announced that it switched its entire system for fund trade clearing services to its blockchain Distributed Market Infrastructure in a press release published on May 20.
Senior Official in Russian Parliament Says That Cryptos Can Ruin Governments
A senior official in Russia's parliament, the State Duma, has argued that cryptocurrencies have the potential to ruin governments, Russian financial media agency Rambler reported on May 20.
Stellar's Blockchain Briefly Goes Offline, Confirming the Project Lacks Decentralization
Recently, blockchain-powered network Stellar stopped confirming transactions for more than one hour, effectively going offline.
Honda And GM to Research Smart Grid, Electric Car Interoperability With Blockchain Tech
Major automobile manufacturers Honda and General Motors are jointly conducting research on electric vehicle and smart grid interoperability using blockchain tech, Japanese news outlet Nikkei reported on May 20.
White Hat Hackers Earn $32,000 for Finding Crypto Security Exploits in Last Two Months
White hat hackers have earned $32,000 in bounties over the last two months by reporting security holes in crypto and blockchain projects, according to a report by Hard Fork on May 20.
Send Bitcoin and Litecoin transactions over WhatsApp
WhatsApp, the world's most popular messaging platform, will now allow its users to transfer Bitcoin and Litecoin via the Lite.Im bot.
Beyond KYC: Regulators Set to Adopt Tough New Rules for Crypto Exchanges
About 200 to 300 people, ranging from chief compliance officers of top exchanges to regional bitcoin brokers, attended FATF's consultative meeting in Vienna, Austria, on May 6-7 to voice their concerns.
Coinbase's Education Rewards Program 'Earn' Expands to Over 100 Countries
Cryptocurrency exchange Coinbase has expanded its Earn program to 103 countries.