The Latest News about Cryptocurrency
Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Bitcoin Community Celebrates as Twitter CEO Joins Lightning Network Relay
Twitter co-founder and CEO Jack Dorsey has joined a community project demonstrating the functionality of Bitcoin's second-layer scaling protocol, the Lightning Network, on Feb. 5.
Coinbase Extends PayPal Withdrawal Option to 32 European Countries
Coinbase customers in the EU and the European Free Trade Association countries can now make withdrawals into their PayPal accounts.
Crypto Firm Accused of Fraud, Duping Investor Into Buying $2 Million in Tokens
A lawsuit recently filed in a United States district court in New York claims that an investor was misled into investing $2 million dollars in the cryptocurrency MCash, a Feb. 1 court filing states.
Analysis of UAE and Saudi Arabia's Government Cross-Border Payments Cryptocurrency
The United Arab Emirates and its neighbor Saudi Arabia launched a government-backed cryptocurrency to facilitate cross-border payments.
US Trading Platform LedgerX Introduces Binary Wager on Bitcoin Halving
United States-regulated trading and clearing platform LedgerX has released a new type of derivative contract unique to Bitcoin, according to a blog post published on Feb. 5.The new product called LedgerX Halving Contract represents a binary option - an option where the payoff is either a fixed monetary amount or nothing - that settles to the estimated next time that Bitcoin halves.
New Regulatory Framework for Digital Asset Token Offering Introduced in Philippines
The Philippines has introduced a new set of rules governing Digital Asset Token Offering, according to a press release published by the Asia Blockchain and Crypto Association on Feb. 4.The new regulations released by the country's Cagayan Economic Zone Authority are reportedly designed to regulate the cryptocurrency industry and protect investors, affecting such issues as the acquisition of crypto assets, including utility and security tokens.
Twitter CEO Jack Dorsey Becomes Latest to Take Bitcoin's 'Lightning Torch'
Bitcoin's "Lightning torch" saw none other than Twitter CEO Jack Dorsey snatch up the ongoing payment experiment and pass it on Tuesday.
Crypto Markets Trade Sideways, Gold Tries to Find Direction Ahead of Trump Address
Tuesday, Feb. 5 - cryptocurrency markets are trading sideways and reporting mild losses.
Canada: Blockchain Association Merges with Chamber of Digital Commerce
Canada's largest blockchain trade association, the Chamber of Digital Commerce has united with the Blockchain Association of Canada, which will now go by the Chamber of Digital Commerce Canada.
Users of Crypto Wallets Electrum and MyEtherWallet Face Phishing Attacks
Users of cryptocurrency wallets Electrum and MyEtherWallet are currently facing phishing attacks, according to posts published on Reddit and Twitter on Feb. 4.A phishing attack is an attempt to obtain sensitive data like users' personal or banking information by illicit means, wherein an attacker is disguised as a trusted entity and sends a user a message or an email containing a malicious link.
IOTA Community Assists in Cataching Hacker Who Stole $11 Million MIOTA
The IOTA community was able to help gather enough evidence to allow authorities to catch an alleged hacker who stole over $11 million MIOTA tokens in early 2018.
Liechtenstein-Based Crypto Fund Manager Receives Backing from Dubai Royal
Dubai royal and Emirates Group chairman Sheikh Ahmed bin Al Maktoum is backing Lichtenstein-based cryptocurrency fund manager Invao, according to a report from Bloomberg on Feb 5.
LedgerX Unveils Betting Market for 2020's Bitcoin Block Reward Halving
The bitcoin block reward will be cut in half next year - and soon, market watchers can place bets on exactly when the subsidy halving will happen.
Zcash Team Reveals It Fixed a Catastrophic Coin Counterfeiting Bug
The company behind the privacy-minded cryptocurrency zcash has revealed that it fixed a catastrophic code bug last year that could have been used to print infinite coins.
Zcash Vulnerability Permitting Infinite ZEC Counterfeiting Fixed and Disclosed
A vulnerability that could have permitted an attacker to coin infinite Zcash has been patched and disclosed by the company behind the coin, a post on the official Zcash blog states on Feb. 5.
Why Google Data Scientists Are Interested in Ethereum Classic
Junior said OriginalMy earned $60,000 from such clients in 2018 and is currently participating in the first Ethereum Classic Labs startup accelerator program in San Francisco, which concludes with a demo day in April 2019.
Blockchain Lending Firm Dharma Raises $7 Million From Coinbase Ventures, Others
San Francisco-based blockchain lending firm Dharma Labs has raised $7 million from big investors including Coinbase Ventures, as the company confirmed to Cointelegraph on Feb. 5.According to crypto news outlet The Block Crypto, Dharma Labs is planning to use the raised capital mostly for its Lever product, a platform providing instant margin loans for cryptocurrency traders and high-volume investors.
Winklevoss Exchange Gemini Shuts Down Accounts Over Stablecoin Redemptions
Two over-the-counter trading desks say their accounts at Gemini, the crypto exchange founded by U.S. investors Cameron and Tyler Winklevoss, were abruptly closed without explanation over attempts to redeem GUSD, the company's stablecoin first introduced in September.
QuadrigaCX Is Filing for Creditor Protection Amid Liquidity Crisis, Community Remains Largely Skeptical
Canadian cryptocurrency exchange QuadrigaCX is in hot water: Following the sudden death of its 30-year-old founder, Gerald Cotten, the exchange has allegedly lost access to its cold wallets, where most of the funds were stored.
Five Critical Vulnerabilities Discovered in EOS in 2019, HackerOne Data Shows
EOS.io, the company responsible for the development of fourth-largest crypto by market cap EOS, has handed over bug bounties for five critical vulnerabilities this year.
Judge Moves to Block Potential Lawsuits Against QuadrigaCX Exchange
A judge in Canada will rule in favor of a creditor protection request filed last week by Canadian crypto exchange QuadrigaCX, issuing a 30-day stay of proceedings.
Government Death Certificate Says QuadrigaCX CEO Died in India
An Indian government-issued death certificate obtained by CoinDesk corroborates QuadrigaCX's account of the passing of CEO Gerald Cotten in early December.
Breaking: Lawyers Might Sell QuadrigaCX to Settle Debts
A court-ordered lawyer will get the encrypted laptop of recently deceased CEO of major Canadian crypto exchange QuadrigaCX Gerald Cotten, Canadian broadcast network CBC reports Tuesday, Feb. 5.
Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse
Phillip Potter, co-founder of Tether and former Chief Strategy Officer of affiliate crypto exchange Bitfinex, has joined the advisory board of a new stablecoin clearing house project, Stablehouse.io.
Head of Russia's Second Largest Bank Compares Crypto Mining to Counterfeiting
Rey Kostin - the head of VTB, Russia's second-largest bank - has compared cryptocurrency mining with counterfeiting, major Russian news agency TASS reports Monday, Feb. 4.
Four Iranian Banks Support Gold-Backed Cryptocurrency
Four banks in the Islamic Republic of Iran have developed a gold-backed cryptocurrency called PayMon, financial news website Financial Tribune reported on Jan. 30.
United States Crypto Platform Huobi.com Launches Fiat-Crypto Trading
Huobi.com, the United States-based partner of Singapore-headquartered crypto exchange Huobi, is launching fiat-crypto trading services, with initial support for three USD-crypto trading pairs.
Russia to Implement Blockchain Tech in University Exam for Education Quality Control
The Russian Federal Service for Supervision in the Sphere of Education and Science, will implement blockchain technology in the country's main graduation examination, major Russian news agency TASS reports Feb. 5.
Dharma Labs Raises $7 Million From Green Visor, Coinbase and Polychain
That's the thesis of Dharma Labs, which built the Dharma protocol for decentralized lending businesses.
East to West: Huobi Launches US Dollar Gateway for Global Crypto Traders
In 2019, the Singapore-based exchange conglomerate Huobi Group is prioritizing Wall Street partnerships for the first time.