The Latest News about Cryptocurrency
Find the latest, and the most interesting, cryptocurrency news collected from around the net.
16 Exchanges Pledge to Restore Crypto Market Confidence
A group of licensed cryptocurrency exchanges in Japan is looking to restore market confidence by adopting self-imposed rules.
Walmart Is Ready To Use Blockchain For Its Live Food Business
Walmart Inc., US retail corporation and the world's largest discount retailer, is ready to use Blockchain technology in its live food business, Bloomberg reported April 23.Frank Yiannas, Walmart Vice President of Food Safety and Health, made the announcement Monday at the MIT Technology Review's Business of Blockchain conference in Cambridge, Massachusetts.
An Open Network For Smart Economy
Formerly known as Antshares, NEO is reinventing commerce with blockchain technology by creating a smart economy in which businesses and governments will be able to digitize assets and automate their management.
Mexican Presidential Candidate Plans to Fight Corruption With Blockchain Tech
Ricardo Anaya, the youngest of the presidential candidates, aims to fight corruption through a safe, auditable, and innovative means: The use of blockchain technologies.
Crypto Market Cap Rises Past $410 Billion As Smart Money Moves In
The cryptocurrency market has experienced an explosive resurgence this week, breaking through the $400 billion market cap ceiling on a strong wave of positive investor sentiment.
Another Police Official Arrested In Alleged Bitcoin Extortion Plot
Another high-ranking police official in the Indian state of Gujurat has been taken into custody in connection with a $1 million bitcoin extortion scheme.
Fear and HODLing at MIT: Blockchain Experts Weigh Impact of SEC Action
On the one hand, the event was clouded by speculation that the U.S. Securities and Exchange Commission may go as far as to classify two of the top three coins by market cap, ethereum and Ripple's XRP, as securities.
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 23
Considering the tight consolidation, we recommend traders book partial profits around the $9,200 mark itself because if prices turn down from the current levels, they can easily fall towards $8,300 levels.
Kraken: NY Attorney General's Inquiry 'Publicity Stunt,' Japan's VC Act 'Good Example'
Crypto exchange Kraken has responded to the New York Attorney General's inquiry launched last week into cryptocurrency exchanges, calling the initiative a "Publicity stunt," and referring to Japan's virtual currencies act as a "Good example" of "Relatively" reasonable regulation, according to a blog post April 22.Attorney General Eric T. Schneiderman launched the "Virtual Markets Integrity Initiative" on April 17 by sending letters to 13 cryptocurrency exchanges, giving them a two-week deadline to answer a three-page questionnaire covering topics like market manipulation, preventing insider trading, and customer funds protection.
British Finance Expert To Sue Facebook For Scam Cryptocurrency Ads
Martin Lewis, an English finance journalist and money-saving expert, is set to issue High Court proceedings against Facebook Monday April 23, accusing the social network of defamation related to deceptive cryptocurrency advertisements, according to Lewis's blog post on April 20.Lewis will launch legal action against the company claiming that within the last year the social platform has published more than 50 cryptocurrency ads with illicit use of his face and name to promote financial products.
Tim Draper Says Bitcoin Is Bigger Than The Industrial Revolution In Debate With Skeptics
American venture capital investor and Blockchain industry influencer Tim Draper claimed that Bitcoin is "Bigger than the internet," and several other major developments in human history, during the Intelligence Squared US debate in New York City this Saturday, CNBC reported today April 23.During the debate - which Draper undertook alongside Overstock CEO and Bitcoin bull Patrick Byrne and against two crypto skeptics - the billionaire investor compared Bitcoin, and evidently Blockchain in general, to his early investments in Tesla, Hotmail, and Skype.
Suspect In Iceland Bitcoin Mining Heist Arrested in Amsterdam
An Icelandic fugitive suspected in a major theft of Bitcoin mining equipment earlier this year was arrested by Amsterdam police, the Associated Press reported April 23.Stefánsson fled the low-security 'open prison' Sogni on April 17 and flew to Sweden.
California State Senator Promotes Blockchain Bill For Recording Stock Information
Last week, Senator Bob Hertzberg, who represents California's 18th Senate District, advanced legislation permitting Blockchain technology for certain business practices, financial information platform Equities.com reported April 23.SB 838 would allow corporations to apply "Blockchain technology or one or more distributed networks" to record and keep the "Names of all of the corporation's stockholders of record, the address and number of shares registered in the name of each of those stockholders, and all issuances and transfers of stock of the corporation."
SEC's New Cyber Unit Tasked with Blockchain Securities Fraud
The SEC has recently created a Cyber Unit focused on investigating digital misconduct and fraud to protect retail investors.
Einsteinium: The Road to Recovery
Einsteinium has always been a little bit different than everyone else.
Coinbase-Cryptsy Lawsuit Will Head to Jury Trial
Coinbase has lost another appeal in a lawsuit brought by former customers of the defunct cryptocurrency exchange Cryptsy, and the case will now proceed to a jury trial.
How British Financial Regulator Creates A Foundation For UK Cryptocurrency Adoption
Traditional financial institutions and big banks in the UK haven't been overly supportive of cryptocurrencies over the years, but change could be on the horizon.
Total Crypto Market Cap Hits 7-Week High At $400 Bln, BTC Holds Near $9K
The crypto market is continuing to grow with only slight dips today, April 23, as Bitcoin remains close to $9,000 after two weeks of gains and total market cap hits a 7-week high, according to data from CoinMarketCap.
Indian Exchange Coinsecure Prepares Customer Claims Process Following $3.5 mln Theft
Indian Bitcoin exchange Coinsecure says it has started work on the claims process for customer funds lost in the theft of 438 BTC from the exchange's wallet earlier this month, in an update posted on its website April 21.
Chinese Gov't Reiterates Strict Stance On Crypto, Focuses On Illegal Fundraising
The Chinese government has recently reiterated its negative stance towards Initial Coins Offerings and cryptocurrency exchanges at a news conference in Beijing, claiming that financial authorities will continue to monitor private lenders' interest rates, securities companies, and futures firms to combat illegal fundraising, Reuters reports April 23.
Ethereum Devs Publish Upgrade Proposal To Move Network Away From Mining-Related Issues
Developers of Ethereum, the largest altcoin by market capitalization, have published Ethereum Improvement Proposal #1011 on Friday, April 20, to create a hybrid system of consensus that seeks to push the network away from issues associated with crypto mining.
U.S. Court Rules Money Laundering-Related Case Against Coinbase Must Have Public Trial
A U.S. federal court has ruled that law firm Silver Miller's money laundering-related class action lawsuit against crypto exchange and wallet Coinbase must be held in open court as opposed to a private arbitration boardroom, Silver Miller attorney David Silver told Cointelegraph in an email today, April 23.
Overbought? Bitcoin Cash Looks Extended After 80% Gain
The world's fourth largest cryptocurrency looks overbought and due for a pullback.
California Bill Would Legally Recognize Blockchain Stocks
California could become the next U.S. state that allows companies to store data - including information about stockholders - on a blockchain.
Amber Baldet: Blockchain Alone Isn't A Privacy Cure-All
Blockchain "Maximalism" will not solve internet privacy concerns, Amber Baldet said on Monday.
$125 Million: Orchid Is Raising One of 2018's Biggest Token Sales
Orchid Labs is raising $125 million in a SAFT sale, filings from the Securities and Exchange Commission reveal.
Blockchain Platform Signs Deals To Boost Profitability Of Social Media Influencers
A Blockchain-based platform which aims to boost the earnings of social media influencers by eliminating their reliance on middlemen has forged several new partnerships ahead of its launch.
Major UAE Bank Implements Blockchain Tech To Prevent Check Fraud
The National Bank of Dubai, one of the largest banking groups in the Middle East by assets volume, has reportedly become the first bank in the region to successfully implement Blockchain technology in a check-issuance system to prevent fraud, local news outlet Arabian Business reported Saturday, April 21.
Central Bank Of Iran Bans Banks From Crypto Dealings
The central bank of Iran has banned domestic banks and other financial institutions from dealing in cryptocurrencies, citing money-laundering concerns first raised in a circular from December 2017, Reuters reported Sunday, April 22.
Former US Gov't Regulator Considers ETH, XRP Likely 'Noncompliant Securities'
Former Goldman Sachs partner and government regulator Gary Gensler believes that altcoins Ethereum and Ripple should likely be considered unregistered securities, The New York Times reported Sunday, April 22.