The Latest News about Cryptocurrency

The cryptocurrency markets saw rapid growth in May with quite a few outshining the largest by market capitalization, bitcoin.

The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for institutional investors interested in cryptoassets, with news and views on crypto infrastructure delivered every Tuesday.

United States-based blockchain intelligence firm Chainalysis claims that 64% of ransomware attack cash-out strategies involve the laundering of funds via cryptocurrency exchanges.

Chainlink, a decentralized oracle service, announced the launch of its mainnet on the Ethereum network.

The CEO of transactions firm NZIA Ltd, Jay Joe, says Bahamian tech startups will need to lead the development of Project Sand Dollar, according to a report by the Nassau Guardian on May 31.

Asiff Hirji, president and chief operating officer at Coinbase, is the second high-profile departure at the crypto exchange this month.

The leading digital currency bitcoin is up slightly over 3% on the day, and is trading at $8,573 at press time.

G20's international watchdog, the Switzerland-based Financial Stability Board, said in its latest report that regulators need to improve their risk assessment strategies regarding financial activity in the crypto space, according to a report by Reuters on May 31.

The President of the Chamber of Deputies of Brazil has ordered to establish a commission to consider cryptocurrency regulation in the country, Cointelegraph Brasil reported on May 31.

Craig Wright's copyright registration of the original bitcoin white paper is starting to create ripple effects.

83% of decentralized applications on the Ethereum network are "Not in the most productive uses," according to Ernst & Young's head of innovation.

Cryptocurrency exchange Bitfinex has temporarily shut down its services, according to a tweet published on May 31.

At the moment, ethereum classic is trading above the 7 MA which is a bullish sign, but if the bearish formation is validated this cryptocurrency could go down to test the 30 or 50 MA. It will be wiser to wait for a move above the previous high before entering a bullish trade.

American major cryptocurrency exchange Coinbase's president and chief operating officer Asiff Hirji has left the company, Bloomberg reported on May 31.

Blockchain tech company Tether has announced that it is partnering with EOS parent company Block.

Startups that conducted initial coin offerings years ago may be eligible for relief from potential enforcement actions by the U.S. Securities and Exchange Commission, an agency official said Friday.

Binance Charity Foundation, the charity arm of major crypto exchange Binance, has signed a Memorandum of Understanding with Safe Future, a non-governmental organization in Uganda focused on local education improvements.

Bitcoin surged past $9,000 before plummeting to $8,000 and then recovering around $8,400.

Currently, the bulls are attempting to hold the price above $8,000.

Coinbase president and chief operating officer Asiff Hirji is leaving the cryptocurrency exchange, the company confirmed Friday.

Japan has officially revised its laws to provide more clarity - and tighter controls - over cryptocurrency.

Bitcoin decoupled from traditional markets in May, rising more than $3,000.

Morgan Rockcoons, a Nevadan man accused of wire fraud and operating an unlicensed Bitcoin exchange for using LocalBitcoins, was sentenced to nearly two years in prison.

Big four auditing firm Ernst & Young open sourced the code of its Nightfall Ethereum private transactions solution and released it on GitHub on May 31.

Approximately 95% of reported BTC trading volume is fakeAs part of the research, Bitwise analyzed trading data of some 83 exchanges.

One of the world's largest consultancy firms has released a new set of protocols for enabling private transactions atop the ethereum blockchain.

Friday, May 31 - most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin still holds over the $8,300 mark, with minor gains on the day.

SBI Ripple Asia, a subsidiary of Japanese financial giant SBI Holdings, has launched a "Demonstration test" of in-store payments using its Money Tap app before a planned full launch of the new service.

Cryptocurrency mixing service Bitcoin Blender has reportedly willingly shut down after issuing a short notice asking its users to withdraw their funds, tech news outlet BleepingComputer reports on May 30.

Cryptocurrency data aggregator and wallet provider Blockchain.