The Latest News about Cryptocurrency
Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Bitfinex Denies Money Laundering Claims After 'Internal Investigation'
Bitfinex is pushing back against allegations it is involved in a money laundering case in Poland.
Bank of America: Bitcoin Bubble Is Already Popping
A team of Bank of America Merrill Lynch researchers is arguing that bitcoin is one of the "Greatest asset price bubbles in history."
German Consulting Firm Camelot Launches Blockchain Platform For Medical Data Management
German Camelot Consulting Group has developed a Blockchain-based solution for the management of sensitive medical data, Cointelegraph auf Deutsch reported Monday, April 9.With its Hypertrust X-Chain data management system, the company aims to offer the healthcare industry a secure digital platform for the exchange of patient data.
Japan: Self-Regulatory Group Study Reveals 3.5 Mln Active Crypto Investors
Japan delivered new statistics about cryptocurrency use on Tuesday, April 10 as regulators and industry players push for greater transparency in the country's market.
Vietnam: Pincoin, Ifan ICOs Exposed As Scams That Allegedly Stole $660 Million
Operators of two Initial Coin Offerings have gone silent after multiple reports revealed them to be scams that had conned an estimated 32,000 investors of an alleged $660 million in tokens, local news outlet Tuoi Tre News reported Monday, April 9.Ifan and Pincoin, cryptocurrency startups purportedly from Singapore and Dubai respectively, were allegedly multi-level marketing ponzi schemes under the control of Vietnam-based outfit Modern Tech.Having gathered what victims claim runs to 15 trln Vietnamese dong in token sales, a lack of hard currency payouts prompted a demonstration outside Modern Tech's Ho Chi Minh City headquarters April 8.
Goldman Sachs Exec Leaves To Join Mike Novogratz's Crypto Merchant Bank, Report Says
Cryptocurrency merchant bank Galaxy Digital, founded and run by former Wall Street exec Mike Novogratz, will reportedly be hiring Goldman Sachs executive Richard Kim as its new chief operating officer, Bloomberg reported yesterday, April 9."Crypto capitalist" Anthony Pompliano posted on Twitter that the "Brain drain from Wall Street continues."
Overstock's tZERO Reveals Prototype Of Security Token Trading Platform
Retail giant Overstock's Blockchain subsidiary tZERO has introduced the prototype of its upcoming security token trading platform, Business Wire reported Monday, April 9.The company also recently released a demo video describing the details and main principles of the tZERO trading software.
Winklevoss Twins' Crypto Exchange Gemini To Begin Block Trading With BTC, ETH
The Winklevoss twins' crypto exchange Gemini will begin offer cryptocurrency block trading outside of their regular order books starting April 12 at 9:30 a.m. EST, according to Gemini's April 9 press release.
Herd Immunity Against Bitcoin? Analysts Claim Bitcoin 'Virus' Has Peaked
"As more of the population become asset holders, the share of the population available to become new buyers - the potential 'host' population - falls, while the share of the population that are potential sellers increases. Eventually, this leads to a plateauing of prices, and progressively, as random shocks to the larger supply population push up the ratio of sellers to buyers, prices begin to fall. That induces speculative selling pressure as price declines are projected forward exponentially."
India: Police Officers Beat, Exhorted 200 BTC From Businessman, Local Sources Say
The Criminal Investigation Department in Gujarat, India is investigating the alleged kidnapping and extortion of 200 Bitcoins from a businessman by police, local news outlet India Today reported Monday, April 9.The CID has filed an FIR against 10 police officers, including a superintendent of police and an inspector, for the alleged crime.
European Commission Urges EU To Play 'Leading Role' In Blockchain Dev
European Commission Vice-President Andrus Ansip has recently called on Europe to become a world leader in digital innovation by embracing Blockchain technology, along with Artificial Intelligence, in a speech at EC's Digital Day 2018 in Brussels Tuesday, April 10.Quoting a British international technology investment firm Atomico, Ansip argued that Europe is "Home to the world's leading AI research community," while according to the European technology sector, Europe is "Best positioned to play a leading role" in Blockchain as well.
US DOJ Accuses Listings Site Backpage Of Laundering Millions In Crypto
Listings website Backpage.com was seized on Friday by the US Department of Justice in part on charges that it laundered half a billion dollars in illegal revenue, some via cryptocurrencies, a DOJ press release announced Monday, April 9.The 93-count federal indictment, obtained through joint action by the FBI, IRS and others, alleges that Backpage earned "Over $500 mln in prostitution-related revenue since its inception." IRS Criminal Investigation Chief John D. Fort dubbed the defendants "Masterminds," who committed "Egregious financial crimes such as money laundering  at the expense of women and children," using "Virtual currencies and the anonymity of the Internet" to cover their tracks.
Spanish Authorities Arrest 11 In Crypto Money Laundering Ring
Operation Tulipan Blanca, coordinated by Europol and conducted by the Spanish Guardia Civil, has resulted in the arrest of 11 individuals for laundering more than EUR 8 mln via cryptocurrencies, according to a Europol press release April 9.According to Europol, the investigation was centered around a crime ring which launders money from narcotics sales using credit cards and cryptocurrencies.
Blockchain Trading Network Promises Low Fees And Instant Trades On Financial Assets
An established and regulated broker is launching a Blockchain-based trading network which allows users to trade any financial asset around the world.
UK National Cyber Security Centre Includes Cryptojacking In Report On Cyber Threats
On April 10, the UK National Cyber Security Centre released a report analyzing how nefarious cyber activity influenced the business environment in Great Britain over the past year.
China And Blockchain: Most Patents And More Governmental Funds
China already has the largest number of Blockchain patents in the world, beating global economies such as the US and Japan.
The History of Overstock, E-commerce Bitcoin Pioneer Facing Unclear Future
Robert Hughes, Senior Vice President of Finance and Risk Management at Overstock resigned from his position to join a Blockchain venture that also involves Byrne.
Twitter Says Bye-Bye to @Bitcoin
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.
Bitcoin Drops Back Below $7000 As Institutional Money Continues to Flow In
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".
ICO Watch: LinkedIn Co-Founder Creating Hub Token, a New Blockchain Startup
Hub is a project engaging in the brave task of facilitating trust across the internet.
A Decentralized Exchange Platform for Digital Assets
Designed to aid both marketplaces and customers in the realm of in-game digital asset exchange, WAX is taking on a huge industry - however, the token has a head start.
The Investor's Guide to Cryptocurrency Taxes
The following guide contains instructions on calculating taxes on your cryptocurrency investments.
Vitalik Buterin: Ethash ASICs Not a Threat to Ethereum
Following the release of the Bitmain E3 Ethereum ASIC miner, core developers are faced with a hard choice: Hard fork Ethereum to combat ASICs or focus development on Casper proof-of-stake which would eliminate mining.
Chile is Putting its Energy Data on Ethereum's Blockchain
On April 5th, the Chilean National Energy Commission announced that it had launched the nation's first blockchain project.
Crypto Price Watch: Bitcoin, Ethereum, Bitcoin Cash Incur Sudden Drops
We have started a new week, and it looks many cryptocurrencies are starting it in the red.
How Blockchain Is Solving the Energy Crisis in Developing Nations
According to the latest figures, more than 1.2 billion people globally lack energy access, and many more communities have inconsistent or prohibitively expensive electricity.
Crypto-Education Soaring High Thanks to Big-Name Universities Like Stanford, CMU and UW
Ever since Bitcoin started gaining widespread media traction a couple of years back, educational institutions all across the globe have been taking notice of this sector and have begun offering students with specially tailored programs that will give their digital careers a good head-start.
Bitcoin Teases Bull Reversal with Rise Above $7K
Bitcoin found acceptance above the $7,000 mark over the weekend, boosting the odds of a double-bottom bullish reversal, the technical charts indicate.
Singapore Plans Blockchain Push to Boost Financial Inclusion
The Singapore government is looking to boost blockchain development in an effort to improve financial inclusion for Southeast Asian countries.
Normal Tax Rules Apply to Crypto Income, Says South Africa
South Africans can declare cryptocurrency-related taxable income under standard rules, the country's tax agency has said.