The Latest News about Cryptocurrency

Ben Franklin Technology Partners of Southeastern Pennsylvania, one of four regional outposts formed by the Pennsylvania Department of Community and Economic Development in 1982, launched the Global Opportunity Philadelphia Fund, or GO Philly Fund, in February with $15 million committed.

Binance announced a partnership with CipherTrace, a blockchain security company, with the aim of enhancing the exchange's anti-money laundering compliance program.

Blockstack, the New York-based blockchain software provider launched in 2017 to create the infrastructure for a decentralized internet, has announced it intends to raise $50 million in a token sale that would leverage the SEC's Regulation A+ crowdfunding exemption.

Major developer community website StackOverflow has surveyed nearly 90,000 developers, and the results published on April 9 show that 80% of organizations are currently not using blockchain.

South Korean cryptocurrency exchange Bithumb has conducted a professional external audit of its funds after a major hack last month, the company confirmed in a statement on April 11.

Bitcoin has fallen back close to psychological support at $5,000 after a failed breakout Wednesday.

Thursday, April 11 - after a bullish week, all of the top twenty cryptocurrencies are reporting slight to moderate losses on the day by press time, as Bitcoin corrects down close to the $5,100 mark.

South Korean cryptocurrency exchange Bithumb had a net loss of 205 billion won in 2018 due to the Bitcoin bear market, local English-language daily news outlet Korea Times reported on April 11.

A host of crypto industry critics have weighed in on the potential drawbacks of so-dubbed initial exchange offerings - a crypto exchange-hosted alternative to the original model of an initial coin offering.

India's second largest firm by market valuation has completed a blockchain trial of cross-border securities settlement between two central securities depositories.

A blockchain project sponsored by the United States government aiming to bolster power plant security has entered its second phase, participants confirmed in a press release on April 10.

Users of Decentralized Autonomous Organization MakerDAO look set to raise the stability fee for Maker's DAI stablecoin by a further 4%, in the fifth such vote this year.

A subsidiary of Swiss cybersecurity and blockchain firm WISeKey has raised $7 million in an pre-funding round prior to launching a security token offering, the company confirmed in a press release on April 11.

The U.S. Department of Energy is exploring blockchain technology as a line of defense against cyberattacks on power plants.

International Monetary Fund managing director Christine Lagarde has said that blockchain innovators are shaking the traditional financial world and having a clear impact on incumbent players.

According to NYDFS, Bittrex failed to demonstrate compliance with the state's financial regulations and lack of a consistent set of criteria for making token listing decisions.

In the past week, the bitcoin price has increased by nearly 6 percent from around $5,000 to $5,300, following an initial 20 percent gain from $4,200 to $5,000.

A draft proposal from China's economic planning commission labels bitcoin mining as an industry that needs to be "Eliminated." But even if finalized in its current form, this would not automatically amount to an outright mining ban.

Major American cryptocurrency exchange Coinbase has launched Coinbase Card, that enables its United Kingdom-based customers to pay in-store and online with cryptocurrency.

United States-based cryptocurrency exchange Bittrex has responded to the New York Department of Financial Services' denial of the company's BitLicense application in a press release published on April 10.Earlier today, NYDFS denied Bittrex's application for a BitLicense - which is required to conduct virtual currency related business in the state of New York - claiming that the exchange had inadequate policies and controls regarding Anti-Money Laundering, Know Your Customer and the Office of Foreign Assets Control standards.

Cryptocurrency exchange Coinbase has launched a Visa debit card allowing customers in the U.K. and EU to spend their cryptocurrencies directly from their Coinbase accounts.

The Bermuda Ministry of Finance has approved the initial coin offering of trading company Velocity Ledger Holdings Limited, according to a press release published on April 10.VLHL's subsidiary VL Financial is now in the application process with the Bermuda Monetary Authority to obtain the relevant licenses to operate.

A report released on April 9 by DApp analytics website DApp.com reveals that Tron has the fastest growing DApp user base while Ethereum's DApp user base is shrinking.

A panel Wednesday featuring JPMorgan and Circle was set up by Christine Lagarde as a face-off between incumbent and disruptor.

Chief executive officers of leading banks testified before the United States House of Representatives Financial Services Committee on April 10 on how the banking industry has transformed since the 2008 financial crisis.

Ripple's developer ecosystem project Xpring and Bain Capital Ventures have invested in early-stage blockchain venture capital firm Robot Ventures, head of the fund Robert Leshner wrote in a blog post on April 10.

Blockchain technology could possibly be used by 50 percent of all companies within the next three years, the vice president of blockchain product development at software company Oracle said on Monday, April 8.

The first quarter of 2019 saw fewer initial coin offerings raising funds compared to the fourth quarter of 2018, according to a recent report from rating site ICObench.

The total Bitcoin trading volume has been on a decline for the past few months but the institutional players seem to be accumulating at the lower levels.

Over 700,000 user accounts from a freelancing website are moving onto the EOS blockchain.