The Latest News about Cryptocurrency

Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin, USD Coin.

A recent comparison from Coinmetrics showed that Bitcoin, Dogecoin, Dash, and Ripple have seen a significant increase in the number of active addresses.

Long-Term Stock Exchange, which recently got approval from the United States Securities and Exchange Commission to launch a new stock exchange, could soon make it possible for companies to also raise funds through traditional means.

The team behind a private digital currency for secure payments says its goal is to make every consumer their own bank - enabling them to send and receive crypto with the gadget of their choice.

We explore all the ways crypto has entered the mainstream and what does this mean for the industry.

In creating a symbol that resembled those of other currencies, bitcoin was visually introduced to newcomers as money.

A new Ethereum-based digital collectibles market called Meme Factory went live this week.

Purported bitcoin exchange Goxtrade has been accused of being a scam, technology news publication TechCrunch reported on May 17.Chief among the report's revelations is that Goxtrade takes photos of unaffiliated people from social media sites and compiles them to make its online staff gallery.

Relative to BTC, will privacy coins fare any better? Using two indicators-support resistance levels and moving averages-it is possible to assess the outlook for Monero, Zcash, Verge, Komodo, and Grin.Indicators.

Major crypto platform Coinbase has opened its Coinbase Earn program to the public in over 100 countries, according to a press release on May 17.As Cointelegraph reported, Coinbase first announced the program at the end of 2018 as an invite-only initiative.

Russia's largest bank Sberbank has requested that a client provide information on their income from cryptocurrency, the Russian version of Forbes reported on May 17.Co-founder of cryptocurrency trading platform Toxenbox.io, Vladimir Smerkis, told Forbes that the unnamed client received a letter from Sberbank requiring disclosure of their crypto revenue.

Cryptocurrency project OneCoin is denying claims that it is a "Hybrid ponzi-pyramid scheme" and scam, news outlet Samoa Observer reported on May 14.OneCoin is purportedly a cryptocurrency Ponzi scheme project, that raised hundreds of millions of dollars worldwide by luring investors with the promise of big returns and minimal risk.

The increasingly litigious Craig Wright sued Bitcoin Cash figurehead, and former business partner, Roger Ver for libel after being called a "Fraud and a liar." Ver responded to the lawsuit by seemingly debunking Wright's claim that he controlled several high-profile Bitcoin addresses, which would have suggested that Wright is Satoshi Nakamoto.

We will wait for the price to find support and indicate a resumption of the uptrend before suggesting a long position once again.

The European Central Bank stated that cryptocurrencies do not have implications on monetary policy or factor into the real economy in a May report.

According to a Reuters report, Facebook registered a new company, Libra Networks, in Geneva on May 2.

Titan, a new product from Bloq Labs, aims to make it easier to set up and run new blockchain miners in global farms.

Social media giant Facebook has apparently formed a new financial tech firm, Libra Networks LLC, according to a filing on the Geneva Commercial Register.

Major cryptocurrency exchange Bitfinex has unveiled its exchange utility token UNUS SED LEO, in a press release on May 17.

International electrical engineering company ABB has rolled out a blockchain pilot to explore how the technology could promote the role of solar energy in peer-to-peer energy trading, technology-focused media outlet PV Tech reported on May 16.

Venezuela is considering to close mutual trade settlements with Russia using the ruble, Russian government-backed TV channel RT reports on May 17.

In a widely circulated story, the Waterloo, Ontario, company had promised legal action against an expected regulatory action, but the odds that Kik will pursue that seem to be diminishing, even if the company's legal expenses are not.

Crypto exchange Bitfinex will list its new exchange token, LEO, on Monday after purportedly raising $1 billion from the initial offering.

ConsenSys entered into a partnership with LVMH and Microsoft to launch a new blockchain platform tailored for the luxury industry.

Major crypto exchange Bitstamp has launched an investigation after a large bitcoin sell order heavily impacted its order book, as the firm announced in a tweet on May 17.

The OneCoin cryptocurrency investment project has responded to the suggestion it is a Ponzi or pyramid scheme, arguing it does not fit the narrow definition of either.

Mithril, a decentralized platform that rewards content creators on social networks, told Cointelegraph that they are working on expanding the acceptance of its MITH token merchant network into different categories, such as coffee shops, restaurants, sports clothing and adult entertainment platforms.

Emin Gun Sirer, a professor at Cornell University and a major global blockchain expert, will launch his own cryptocurrency and blockchain network, Bloomberg reported on May 16.

Ethereum clients that still haven't patched known vulnerabilities pose a security risk to the entire network, according to new research.

Exchanges are simply an important component of the system that makes the crypto market tick.