The Latest News about Cryptocurrency

A new strain of Trojan malware for Android phones is targeting global users of top crypto apps such as Coinbase, BitPay and Bitcoin Wallet, as well as banks including JPMorgan, Wells Fargo, and Bank of America.

Jihan Wu, co-founder of crypto mining giant Bitmain, has argued that ASIC miners make blockchain networks more decentralized - the opposite of what is often argued by members of the crypto community.

Major United States energy firm Ameren and Canadian software engineering and solutions company Opus One Solutions will explore the potential use of blockchain technology.

Blockchain projects are facilitating their growth through varying strategies and TRON seems to be heavily relying on its high profile acquisitions.

Blockchain startup Animoca Brands announced it had signed a global licensing agreement with Formula 1® to publish a blockchain game based on the world-renowned racing series.

Decentralized financial contracts platform UMA has partnered with Decentralized Autonomous Organization MakerDAO to release a token tied to the United States stock market, UMA announced in a blog post on March 27.

Coinbase Custody is offering staking services to institutional clients, starting with Tezos.

nChain, the company founded by self-proclaimed bitcoin inventor Craig S. Wright, is looking to hire a patent counsel in London to manage and grow the firm's portfolio of blockchain-related IP. The applicant must be a qualified European Patent Attorney, have a keen interest in bitcoin and blockchain and also possess a first degree in computer science, electronics, physics, or mathematics, the job advertisement states.

Japanese prosecutors have reportedly dropped their appeal to the acquittal of former Mt. Gox CEO Mark Karpeles, The Mainichi reports on March 29.On March 15, the CEO of the now defunct Mt. Gox cryptocurrency exchange was acquitted of charges of embezzlement, but was found guilty of tampering with financial records.

Charles Hoskinson, a founder of IOHK, the firm that developed cryptocurrency Cardano, said that the cryptocurrency industry needs a "WiFi or Bluetooth moment" in an interview with media outlet Cheddar on March 28.Speaking about the status of the cryptocurrency industry, Hoskinson said that it needs specific standards that will facilitate the development of more interoperability.

The Ontario town of Innisfil, Canada, is now running a pilot program which will enable residents to pay property taxes with cryptocurrencies.

Russian billionaire Vladimir Potanin is planning to create cryptocurrency tokens backed by palladium, Bloomberg reported on March 27.Potanin - who is CEO of the Russian nickel and palladium mining and smelting company MMC Norilsk Nickel PJSC - plans to deploy cryptocurrency tokens for trading palladium through a Switzerland-based palladium fund, and wants to launch several digital platforms.

Digital gift cards and mobile phone refill provider Bitrefill has added an option to make Airbnb reservations with cryptocurrency, Bitrefill announced in al tweet on March 27.Per the announcement, customers can now pay for their bookings with Bitcoin, Ethereum, Dash, Litecoin, and Dogecoin.

It goes without saying that this comes with a considerable amount of risk to the user borrowing DAI, given that sudden drops in ether price may devalue collateral held within a CDP. Should the value of any contract fall below the minimum collateralization ratio of 1.5 ETH to DAI, the MakerDAO system will forcibly liquidate a user's CDP and sell all staked ether automatically at a 3 percent discount to cover outstanding DAI debt - all this on top of a 13 percent liquidation penalty.

The Coffee Board of India has launched a pilot blockchain-based e-marketplace in order to integrate coffee farmers with markets.

Only 14 percent of 216 global crypto exchanges were confirmed as being licensed by regulators, regulatory technology startup Coinfirm found in its crypto exchange risk report released on March 27.

Digital asset exchange AlphaPoint has upgraded its security token service designed for institutional clients, according to a press release obtained by Cointelegraph Thursday, March 28.

Problematic Exchanges Outside of the 95%. It cannot be disputed there are issues with exchanges reporting fake volumes.

"While we looked hard at the technology and security of the Neutrino product, we did not properly evaluate everything from the perspective of our mission and values as a crypto company."

Bitcoin is up nearly half a percent on the day, trading at around $4,087, according to CoinMarketCap.

Singapore-based crypto exchange KuCoin has partnered with Israel-based payment processing company Simplex to let its users purchase crypto via credit card, an official announcement revealed on March 27.

Top execs at Mastercard and Wells Fargo agreed that blockchain technology has long-term potential, but it has not been realized to date, CNBC reports on March 28.

Cryptocurrency gift card provider Bitrefill has added a service allowing users to book Airbnb rentals with five cryptocurrencies.

The Tron Foundation, the firm behind TRX, the 11th top crypto by market cap, has acquired blockchain app store CoinPlay, Tron's CEO, Justin Sun, tweeted on March 28.

Blockchain-enabled diamond exchange Cedex has secured more than 6,000 diamonds worth over $50 million that will be traded on its platform, Finance Magnates reported on March 27.

We all have to deal with negative events in our lives, and crypto is not an exception.

Swiss decentralized payment startup TokenPay has acquired a large number of shares in an Australian lingerie giant, a document originally issued on March 19 reveals.

Switzerland's finance watchdog has found that the cryptocurrency mining firm Envion AG, which raised millions through an initial coin offering, held the sale illegally and "Seriously violated" laws.

TF Blockchain is bringing its blockchain conferences across North America with new chapters in Vancouver, Seattle, Portland, and Austin.

Star Xu - founder of exchange services provider OKCoin and the world's 6th largest crypto exchange OKEx - has announced OK Group's partnership with blockchain-focused trust company Prime Trust, prospectively allowing the firm to launch its own compliant stablecoin.