The Latest News about Cryptocurrency

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

Italy: Securities Regulator Issues Suspension to Crypto Investment Firm, Associated Crypto
Italy's national securities regulator, La Commissione Nazionale per le Società e la Borsa, has issued a notice suspending investment firm Tessline and its cryptocurrency liracoin.
Bitcoin Useful as Investor 'Tip-Off,' Says Gold Bug Who Predicted 90% Price Crash
Bitcoin could inform investors worried about the United States-China trade war, an executive from financial planning and wealth advisory firm Bleakley Advisory Group told CNBC in an interview on June 4.
Rakuten Partners With Japan's Biggest Railway Firm to Promote Cashless Payments
Japanese e-commerce giant Rakuten has partnered with Japan's biggest railway firm, the East Japan Railway Company, to promote cashless payments.
Former Mt Gox CEO Karpeles Launches Startup to Build a Blockchain OS
Mark Karpeles has revealed he's "Starting from zero" with a new blockchain project soon after escaping most charges in a court case over the collapse of bitcoin exchange Mt. Gox.
SEC sues Kik for unregistered securities offering
The U.S. Securities and Exchange Commission has sued messaging app Kik over their 2017 ICO for its KIN token.
Russian Retailer Dixy Using Ethereum Tech to Streamline Trade Finance
A new ethereum-based trade finance platform has been launched in Russia with the third largest retail player in the country as a key participant.
Blockchain for Retail: Use Cases and Potential Applications
The latest of the big developments in this vein came up at this year's Consensus conference, as blockchain startup Flexa made public its partnership with a number of major U.S. retailers.
Lightning Network Pioneer Releases New Code for Bitcoin Scaling Concept
Tadge Dryja, who co-authored the original paper underpinning bitcoin's experimental lightning payments network, has released a new research paper outlining a proposed scaling solution that he's been working on for the past year.
The SEC Case Against Kik's ICO Appears Strong, Experts Say
The U.S. Securities and Exchange Commission has sued messenger app maker Kik for its $100 million ICO - which the agency contends was an unregistered securities sale - and the regulator appears to have built up a strong case in its initial court move.
Justin Sun invites the founders of Ethereum, Litecoin, and Binance to lunch with Warren Buffett
As part of his winning $4.6 million bid for lunch with Warren Buffett, TRON CEO Justin Sun has the opportunity to invite up to seven guests to accompany him.
The 8 Biggest Bombshells From the SEC's Kik ICO Lawsuit
That's all according to a complaint filed Tuesday by the U.S. Securities and Exchange Commission, alleging that Kik conducted an "Illegal $100 million securities offering" with a September 2017 initial coin offering for its kin token.
Report: Polish Exchange Shuts Down and Disappears With Customers Funds
Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds, local business news outlet money.
Malaysian Securities Regulator Registers Three Cryptocurrency Exchanges
The Securities Commission Malaysia has registered cryptocurrency exchanges Luno Malaysia, Sinegy Technologies and Tokenize Technology, according to a press release on June 4.Crypto exchanges are reportedly required by law to register with the SC, and the recently-approved exchanges will have up to nine months to achieve compliance with the SC's regulation standards.
Steve Case Backs $4.7M Seed Round for Blockchain Database Startup Fluree
Blockchain startup Fluree, a Public Benefit Corporation, received a $4.7 million round of funding from 4490 Ventures, an early-stage venture capital fund, along with Revolution's Rise of the Rest seed fund, to develop and market their decentralized data storage ecosystem.
Neo Announces New Consensus Mechanism For Its New Mainnet
Chinese-based blockchain platform Neo has implemented a new iteration of its consensus algorithm, the Byzantine Fault Tolerance mechanism, on its mainnet, according to a press release on June 4.The new algorithm purportedly provides immediate transaction finality.
Apple CryptoKit for iOS 13 suggests full cryptocurrency wallets are coming to iPhone
Apple has announced "CryptoKit," a new framework that will allow developers to perform cryptographic operations securely and efficiently.
Research: China Leads World in Tether Trading Volumes in 2019
Chinese cryptocurrency exchanges facilitate 60% of all stablecoin tether trading globally, according to an analysis by Diar on June 3.
'Badger Wallet' for Bitcoin Cash Launches On iOS
Bitcoin.com's Badger Wallet, a bitcoin cash light client, launched a new app for iOS, marking its entry into mobile devices after success with desktop storage and trading.
Marshall Islands Form Dedicated Fund to Support Implementation of Its National Crypto
The Republic of the Marshall Islands has formed a non-profit organization to support the government in the implementation of the country's national digital currency.
Is this the correction Bitcoin sideliners have been waiting for?
The market valuation of bitcoin rose more than 190 percent since the low of Dec. 15, 2018, raising the question when the retrace will come and how pronounced it will be.
Blockchain-Based Alternative Investment Firm to Be Listed on Bloomberg Terminal
A blockchain-based alternative investment provider that tokenizes commercial debt is being listed on the Bloomberg Terminal, according to a news release published on June 4.Cadence is believed to be the first digital asset to obtain a Financial Instrument Global Identifier, enabling professionals who use the Bloomberg Terminal to research its offering and execute trades.
Crypto Trading Platform OKCoin Expands Its Services and Opens Office in Malta
Digital asset trading platform OKCoin has expanded its trading services and opened an office in Malta, according to a blog post published on June 4.
SEC Sues Kik for Conducting Allegedly Unregistered $100 Million ICO in 2017
The United States Securities and Exchange Commission has sued Canadian startup Kik for an unregistered $100 million token offering, the regulator officially announced on June 4.
California CPAs Push for Crypto Accounting Clarity
The California Society of CPAs is pushing for clarity in accounting and disclosure rules regarding cryptocurrencies, citing a lack of specific guidance within U.S. GAAP, the standard accounting protocols followed in the U.S. The 54-member committee's concern is the divergence in reporting methods utilized by companies who itemize cryptocurrencies on their financial statements and whether the varying approaches reflect the nature and risks of holding cryptos.
The SEC Is Suing Kik for Its 2017 ICO
The U.S. Securities and Exchange Commission is suing Kik for allegedly running an unregistered securities sale when it launched an initial coin offering for its kin token in 2017.
US Federal Bureau of Investigation Calls for QuadrigaCX Users to Provide Information
The United States Federal Bureau of Investigation called for former users of the QuadrigaCX cryptocurrency exchange to provide information in an official announcement published on June 3.
Dutch Crypto Exchange Blockport to Attempt Relaunch After Bankruptcy Caused by Failed STO
Amsterdam-based crypto exchange Blockport will attempt a relaunch after the firm said it would shut down its platform by the end of May, tech news outlet The Next Web reports on June 4.
Samsung's bet on Bitcoin mining
Samsung revealed that it is designing and manufacturing chips for Bitcoin mining.
The FBI Is Looking for QuadrigaCX Victims
Multiple criminal investigative agencies within the U.S. are looking into the circumstances of the now-defunct Canadian crypto exchange QuadrigaCX. According to a press release published Monday, the FBI, the Internal Revenue Service's Criminal Investigation division, the U.S. Attorney General's office for the District of Columbia and the Department of Justice's Computer Crime and Intellectual Property Section are investigating the exchange, which filed for bankruptcy following the death of its founder and a months-long civil rehabilitation process.
Binance Launches Native Trust Wallet on Binance Decentralized Exchange
Binance, the world's second largest crypto exchange by adjusted volume, has released its official Trust Wallet on its decentralized trading platform Binance DEX. The news was revealed in a press release shared with Cointelegraph on June 4.
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