The Latest News about Cryptocurrency

South Korea's second-largest commercial bank, Shinhan Bank, has embarked on a project to implement blockchain in internal processes to decrease human error.

Australia's National Transport Insurance has announced it will trial a blockchain system to improve supply chain integrity for beef exports abroad. The trial was reported by local transport industry magazine Fully Loaded ATN on Dec. 10.

A Japanese lawmaker has proposed a number of changes to the current taxation regime in order to ease the burden for cryptocurrency users and encourage adoption of cryptocurrencies in the country.

Stasis, a Malta-based issuer of stablecoins, has hired accounting firm BDO Malta to conduct quarterly and annual audits of its financials, including the euro reserves backing the startup's EURS token.

NEO has announced that it is looking to decentralize the nodes on its network.

According to a document released by the SEC, the new deadline is Feb. 27, 2019, and they will take the extension to further review the rule change proposals needed to list the BTC ETF. The financial instrument was proposed by investment firm VanEck and blockchain company SolidX, with plans to list it on the Chicago Board Options Exchange.

Sunday, Dec. 9 - The crypto markets are showing a wave of green, as Bitcoin trades closer to $3,700 at the end of the week, as data from Coin360 shows.

The People's Bank of China, the country's central bank, highlighted the illegality of Security Token Offerings in the country, English-language local news outlet South China Morning Post reports Dec. 9.

The Abu Dhabi National Oil Company has successfully collaborated with IBM to pilot a blockchain supply chain system, according to an ADNOC press release published on Dec. 9.

A South Korean blockchain startup, Presto, will reportedly file a constitutional appeal over the county's ban on Initial Coin Offerings, South Korean economic media outlet Sedaily reports Dec. 6.

Guest post by Matej Michalko from DECENT. Matej is the CEO of DECENT. In an era of digital triumphs, trials, and security breaches, 2018 has simultaneously become both the best and worst time to be a content creator in the digital media space.

The current wave of stablecoin issuances is a result of the current bear market in underlying crypto assets, leading to upwards of 50 stablecoins on offer today.

Speaking to the complementary efforts of developers working on two separate upgrades to the ethereum blockchain - one dubbed ethereum 2.0 and the other dubbed ethereum 1x - Raul Jordan insists upgrades to be included in ethereum 1x on a shorter time horizon would have benefits to ongoing research for ethereum 2.0.

From a high of $254.13 on Nov. 14, it plunged 84.83 percent to an intraday low of $38.528 on Nov. 23.

Brave browser was announced as the default browser for HTC's new Exodus "Blockchain-powered" phone, opening Basic Attention Token to a new cohort of potential users.

With the increasing trend for major financial institutions to invest in Bitcoin, United States crypto exchange and wallet provider Coinbase announced the launch of over-the-counter trading for institutional customers on Nov. 27.OTC trading allows investors to carry out direct trades with each other.

The spectrum ranges from conservative New York to progressive Ohio.

A major United Kingdom charity fund executive said at the Bloomberg Crypto Summit in London this Friday that the recent crypto market crash is just a "Bump in the road," Bloomberg reports Dec. 7.

Singapore-based cryptocurrency exchange Huobi has officially launched its first branch in Russia on Thursday, Dec. 6, according to a press release shared with Cointelegraph today.

Bitcoin Cash SV, a new fork of Bitcoin Cash, faced new controversy on Dec. 8 after a researcher reportedly showed how any user could spend the same coins twice on its network in a "0-conf transaction."

Saturday, Dec. 8 - Amid a new collapse in the crypto markets yesterday, cryptocurrency ranks are continuously changing as various coins overtake each other by market capitalization.

An Internet Court in Hangzhou, Eastern China, has turned to blockchain to fight piracy at the expense of online writers, English-language media outlet China.org.

In 2015, New York became one of the first jurisdictions in the world to adopt a regulatory regime for cryptocurrencies.

As of November 28, crypto had a market cap of $141B with a 24-hour trading volume of $20B. Cut Bitcoin from the conversation, and you are left with a market cap of $65B and a trading volume of $13B, roughly half of the total market.

Since 2014, discussions of a publicly accessible digital payment vehicle issued by a central bank have matured significantly.

The move comes as several multinational corporations attempt to stake intellectual property claims around emerging blockchain technology.

Beijing, Shanghai and Guangzhou - or BeiShangGuang - has become the most concentrated area of ​​relevant blockchain legislation and policy in China, reports local finance publication Securities Daily Dec. 7.

Cryptocurrency exchange Gemini announced support for Bitcoin Cash custody and trading today with a post on its official Medium blog, Dec. 8.

Chinese miners are reportedly becoming the biggest short sellers both locally and internationally, following an increased number of hedging operations in the current bear market, Chinese crypto outlet 8BTC reported Thursday, Dec. 6.

The United States Securities and Exchange Commission has issued a cease and desist order against CoinAlpha Advisors LLC in addition to ordering a $50,000 penalty, according to a filing published Dec. 7.