The Latest News about Cryptocurrency
Find the latest, and the most interesting, cryptocurrency news collected from around the net.
South Korea's Central Bank Is Building a New Blockchain System for the Bond Market
The Bank of Korea is looking at developing a new blockchain system for the Korean bond market, one of the largest such markets in Asia.Korean financial news site Yonhap Infomax confirmed Tuesday the Korean central bank was looking for a company that can build a new blockchain system that would improve record-keeping for the market.
No, Concentration Among Miners Isn't Going to Break Bitcoin
"In 2020, Bitcoin has become a highly centralized system that places an increasing amount of trust in a small number of large entities. Any centralization of Bitcoin network hash power should be of concern as it erodes the trustless model of the network," TokenAnalyst, a cryptocurrency research firm, says.
Dutch Authorities Arrest 2 in Million-Euro Crypto Money Laundering Investigations
The Netherlands' tax enforcer works alongside agencies from across the world.
Gemcoin Founder Admits to Fraud in $147 Million Scheme
Steve Chen, the mastermind behind the $147 million Gemcoin cryptocurrency scheme, has admitted to wire fraud and tax evasion in a plea agreement.
Fortress Financial Group Increases Buyout Offer for Mt. Gox Claims
Fortress Investment Group has increased its offer to purchase claims from creditors who lost money in the infamous $480 million Mt. Gox hack.
Gram Token Injunction Could Go Down to the Wire
Following a two-hour hearing, a New York federal judge has extended the restraining order that prohibits Telegram from distributing its Gram tokens.
Julian Assange Allegedly Offered Pardon for Denying Russian Hacking
A lawyer for Julian Assange spoke in court on Wednesday, claiming a former Republican congressman offered the WikiLeaks founder a presidential pardon.
EU Can't Decide What to do with Libra
Governments around the world are facing hard choices when it comes to cryptocurrency: overregulate it and risk losing the benefits to the economy, or do nothing and make themselves vulnerable to those who step up.
CME posts one of its largest volume days ever as Bitcoin marks three-month buy-streak
Trading volume has rocketed to a near-all-time-high on the CME cash-settled Bitcoin futures market as the number-one crypto by market capitalization continues one of its longest unbroken uptrends since the first half of last year.
Bitcoin just saw its fifth largest hourly price drop ever; here's where it may go next
Bitcoin investors were taken aback to witness Bitcoin's massive flash crash today, which led the benchmark cryptocurrency to plummet from $10,200 to lows of $9,200 in a mere matter of minutes, with its sudden downturn leading the aggregated crypto market to follow suit.
Bitcoin Slides Back Below $10K Amid Quick Bearish Sell-Off
Bitcoin has dipped back below the psychological area of support near the $10,000 level amid a 20-minute bearish sell-off that took the markets by surprise.
US Bitcoin Miner Aims to Repatriate 30% of Hash Rate Citing National Security
Bitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash rate.
BTC Price Plummets $800 in an Hour
The plunge saw 15 of the 20 largest crypto assets by market cap down 5% or more on this time yesterday.
Blockchain for the Environment: It Is Real and It Is Here
Dozens of industries have parts to play in the struggle against climate change, including blockchain - notorious for running dirty.
Israeli Banks Should Not Deny Services to Crypto Firms: Attorney General
Israeli banks should not deny services to firms involved with cryptocurrencies, according to Israel's attorney general Avichai Mandelblit.
Chainlink's Sergey Nazarov on What DeFi Can Learn From Early Exchange Hacks
Sergey Nazarov joins today's episode of The Breakdown to discuss the role of price oracles in the recent DeFi attacks, plus what DeFi can learn from early exchange hacks.
EU Official: We Can't Regulate Libra Without More Details
Despite sending the Libra Association multiple questionnaires, the EU doesn't have enough information yet to proceed, says EC Executive Vice-President Valdis Dombrovskis.
On-Chain Activity Suggests Bitcoin Price Volatility Will Continue, Thanks to 'Whales'
Bitcoin's price volatility spiked in January and could further increase over the near term because "Whales" have surfaced.
Gemcoin Founder Agrees to Plead Guilty to Fraud, Tax Evasion for $147M Scheme
Steve Chen faces at least 10 years in federal prison for defrauding investors around the world.
Everything You Ever Wanted to Know About the DeFi 'Flash Loan' Attack
bZx, the eighth-largest decentralized finance project according to DeFi Pulse, suffered two attacks last weekend following the introduction of "Flash loans," a new DeFi feature that limits a trader's risk while improving the upside.
US Court Tells Telegram and SEC to Focus on 'Economic Realities' of Gram Token Sale
A U.S. federal judge says the SEC shouldn't get hung up on "Labels" in determining whether messaging platform Telegram conducted an illegal securities offering.
OpenNode Finds Way for Retailers to Turn Fiat Payments Into Bitcoin
The bitcoin payments startup OpenNode just gained access to Apple Pay, according to the startup's head of marketing, Ryan Flowers.
Former Ripple Business VP Takes Role at Major Bank Standard Chartered
Kahina Van Dyke, former senior vice president of business and development at blockchain firm Ripple, took on the role of Global Head, Digital Channels and Client Data Analytics at major bank Standard Chartered.
Tim Draper-Backed Startup Launches Blockchain Browser to Avoid Censorship
Unstoppable Domains, a tech firm backed by prominent blockchain supporter Tim Draper, is rolling out a blockchain-based browser set to provide users with access to the decentralized web.
Ethereum Price Aims for $300 But M-Top Could Reverse the Trend
The recent Bitcoin price correction inflicted double-digit losses on many altcoins and while Ether also took a knock, it recovered quickly compared to the price action of other top-ten altcoins.
EU Securities Regulator Flags Risks of Big Tech's Entry Into Financial Services
The European Union's securities regulator has put out a report warning of risks of Big Tech's entrance into finance.
HSBC to Drop 35,000 Jobs and Invest in Digital Finance
In an earnings call held on Tuesday, Feb. 18, an HSBC executive revealed the bank plans to cut 35,000 jobs by the end of 2022 and invest more in digital systems.
Data shows Ethereum is becoming more distributed over time as demand rises
A recent report reveals that Ethereum is becoming widely distributed, which could be a direct result of a spike in demand for this cryptocurrency.
Blockstation Builds Disclosure Tool for Security Token Issuers on Jamaica Stock Exchange
"Full disclosure needs to be there in order to make sure that these investors know what they're getting into" said Jai Waterman, Blockstation's CTO.Blockstation, a Canadian digital asset trading systems firm, has built a fast-track disclosure filing process for companies hoping to list security tokens on the Jamaican Stock Exchange.
Openfinance Lists New Security Token in Charity Fundraising Effort
Openfinance, a platform for secondary market trading of digital assets, is listing Lottery.com's LDCC security token for U.S. investors.