The Latest News about Cryptocurrency

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

Morgan Creek's Anthony Pompliano keeps over half his net worth in BTC
Anthony Pompliano, the co-founder at Morgan Creek Digital and outspoken Bitcoin bull, said that over 50 percent of his net worth was in BTC in an interview with CNBC's Squawk Box.
Mike Novogratz's Galaxy Digital Hires Former Cumberland Exec
Mike Novogratz's crypto investment bank Galaxy Digital hired a former exec at crypto trading giant Cumberland as head of global sales.
LedgerX: Media Misreports BTC Futures Status, Option 'Coming Soon'
Earlier this week, United States-regulated crypto derivatives and clearing platform LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the country, therefore stealing a march on Bakkt and ErisX. However, the Commodities Futures Trading Commission soon refuted that information by stating that the exchange has not yet been properly cleared by the agency.
Crypto Derivatives Platform FTX Secures $8M In Seed Funding Round
Cryptocurrency derivatives exchange FTX has secured $8 million in its seed round.
Shark Tank's Kevin O'Leary Questions Bitcoin's Role as 'Safe Haven'
The debate over bitcoin's role as a "Safe haven" asset hit mainstream media on Tuesday, following reports that bitcoin's recent price run could be attributed to Chinese capital flight.
Major Coins Report Mixed Signals, Bitcoin Hovers Around $11,700
Tuesday, Aug. 6 - Major cryptocurrency markets have continued suffering losses over the past several hours as Bitcoin has come back down to around $11,700 after a jump to $12,300 earlier today.
Coinbase volume signals lack of altcoin interest, BTC dominates
Despite Coinbase's commitment to listing more crypto assets, trading volume on Coinbase Pro shows lackluster investor interest in altcoins while BTC dominates trading volume.
Samsung Expands Its Blockchain DApp Kit With New Services, Updates Wallet
South Korean tech giant Samsung has expanded its blockchain and decentralized application Software Development Kit with two new services.
The City of Seoul Will Create a Cryptocurrency for Citizen Rewards
The Seoul Metropolitan Government will establish its first blockchain-based administrative services in November, according to a report in the Korean-language blockinpress.
Max Keiser Predicts Bitcoin Dominance, Death of Altcoins and Hard Forks
"#Bitcoin dominance 68.2% - heading to 80% - as alts die in favor of BTC. The 2014-2017 era of alts and hard forks is dead. Don't be the last to rotate out of alts into BTC.".
Grocery Involved in Nearly Half of all DLT Supply Chain Projects
The grocery sector is responsible for nearly half of all Distributed Ledger Technology-based supply chain projects.
Craig Wright's Counsel Rebuts Forgery Evidence in Ongoing Lawsuit
Craig Wright's ongoing contempt hearing failed to reach a sanctions verdict on August 5.
Bitcoin's correlation with China according to Circle's CEO Jeremy Allaire
The co-founder and CEO of Circle Jeremy Allaire affirmed that there is a "Macro-correlation" between Bitcoin's price movement and the current trade war between China and the United States that could lead to wider adoption in the Asian nation, according to a recent interview on CNBC. The upswing that Bitcoin experience over the weekend that took its price up more than 17 percent from $10,500 to $12,300 can be viewed as a reaction to the Chinese yuan plummeting against the U.S. dollar, according to Allaire.
The Enterprise Ethereum Alliance Launches the EEA Mainnet Initiative
The Enterprise Ethereum Alliance is setting up a technical group working on collaboration between the mainnet and enterprises.
Facebook Hires Former Aide to US Sen. Mike Crapo to Lobby for Libra
Facebook hired former assistant of United States Republican senator Mike Crapo, Susan Stoner Zook, to join the lobbying team for its Libra stablecoin.
UK's Tax Authority Requests User Data From Crypto Exchanges: Report
The United Kingdom's tax, payments and customs authority Her Majesty's Revenue & Customs has reportedly requested that digital currency exchanges provide it with information about customers' names and transactions aiming to identify cases of tax evasion.
tZERO Announces Patent for Traditional Exchange Blockchain Integration
Blockchain startup tZERO, announced that it has been awarded a patent for a technology allowing to anchor traditional trades and exchanges to public blockchains.
Overstock's tZERO Patents Tech for Recording Trades on Public Blockchains
Security token trading platform tZERO has been awarded a patent for a way of recording trading data on public blockchains.
Over 50% of Morgan Creek Founder Anthony Pompliano's Net Worth Is In BTC
Founder of the capital management firm Morgan Creek Antony Pompliano said on CNBC's Squawk Box that over half of his net worth is in Bitcoin.
British Tax Authority Seeks Data from Crypto Exchanges in Search of Tax Evaders
HM Revenue & Customs, the British tax authority, is pressuring cryptocurrency exchanges to reveal customers' names and transaction histories, in a bid to claw back unpaid taxes, industry sources said.
$524 million Bitcoin withdrawn from BitMEX in July
Net outflows show that more than half a billion dollars worth of Bitcoin left BitMEX in July, making the month the single-biggest for total customer withdrawals on record.
BlockFi Raises Over $18M in a Round Led by PayPal Co-Founders' VC Firm
American cryptocurrency lender BlockFi has secured $18.3 million in a funding round led by Valar Ventures.
Bitcoin and Ether Lender BlockFi Raises $18.3 Million Series A
Crypto lending startup BlockFi received $18.3 million in a Series A funding round led by Valar Ventures, the company announced Tuesday.
Cosmos Will Have 3 Coding Languages. Here's Why That Matters for Ethereum
In a move that could compromise ethereum's long-held dominance as the world's top platform for smart-contract development, blockchain interoperability project Cosmos will offer users the choice to code in at least three different programming languages.
Ethereum Foundation Director's New Role to Help Business Use Public Blockchain
The Enterprise Ethereum Alliance has appointed Aya Miyaguchi, executive director of the Ethereum Foundation, to help drive what it's calling the "Mainnet Initiative."
Mastercard to Tackle Fashion Fakes with Blockchain Tracking Solution
Mastercard is to demo a new blockchain-based product tracking solution during an upcoming showcase of women fashion designers.
Bitcoin Price Flash Crashes by $700 in Minutes Back Below $12K
The top 20 cryptocurrencies are seeing mixed movements as Bitcoin suddenly flash crashed in minutes from $12,300 to as nearly $11,600.
Bitcoin moves above $12k, but a pullback could be underway
Bitcoin has stolen the spotlight as it moves above $12,000 again following a seven-day rally.
Man Takes Bitcoin Miner Seller to Tribunal Over Electricity Bill and Wins
A Malta-based bitcoin miner has taken action after getting a shock when he received his electricity bill.
Israeli BTC Investors Can't Pay Taxes as Banks Refuse Deposit
Israeli Bitcoin investors are unable to pay their taxes as banks do not accept deposits obtained from cryptocurrencies.
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