The Latest News about Cryptocurrency

Abu Dhabi Global Market, an international financial free zone within the United Arab Emirates, says it has successfully completed the trial of a blockchain-based know-your-customer application.

In his mission to build the "Amazon Web Services of the blockchain age," ArcBlock CEO Robert Mao outlines a problem that finds blockchain in a technological purgatory.

Bitcoin's recent drop to 14-month lows has left the cryptocurrency on track for its biggest ever yearly loss.

U.S. cryptocurrency exchange Poloniex has launched a dedicated offering for institutional traders, the company announced in a blog post Dec. 4.

Massachusetts General Hospital, one of the top-five hospitals in the US, is partnering with Korean blockchain startup MediBloc in an effort to find better ways to store and share patient data.

Binance, the world's largest cryptocurrency exchange by adjusted trading volume, has released a new video demo of its decentralized exchange, dubbed Binance DEX, ahead of its launch in early 2019.

Binance has delivered the latest installment in the chronicles of its much-anticipated Decentralized Exchange, having revealed a "Sneak preview" video and coordinated press release detailing a glimpse at the platform's user interface, web wallet, and blockchain explorer.

That's how Afri Schoedon, release manager for the Parity Ethereum client, described one of ethereum's most popular - and controversial - technologies on Twitter in October.

The Hyperledger Technical Steering Committee has approved the Ursa project, a modular cryptography software library, according to an official announcement Dec. 4.According to the statement, as Hyperledger has matured, projects "Have started to find a need for sophisticated cryptographic implementations." The post describes Ursa as a shift from having each project implementing its own protocols to collaborating on a shared library.

Medici Ventures, the blockchain venture arm of Overstock.com Inc., has purchased $2.5 million in equity in agricultural blockchain project GrainChain, according to a press release shared with Cointelegraph Dec. 4.Founded in 2003, GrainChain has developed a blockchain-powered system that enables supply chain parties to track the distribution process of harvests.

Thai cryptocurrency exchange Satang Corp. plans to raise nearly $10 million in a security token offering, despite the recent market meltdown, Asia-focused business publication Nikkei Asian Review reported Dec. 4.Satang's plans are reportedly supported by the Government of Thailand in a bid to make the country a blockchain center and develop a regulatory framework for digital currencies and blockchain.

While reports on the impact of blockchain seem to focus mostly on cryptocurrencies, the technology is affecting industries across the board, with gambling being the one that benefits the most from secure ledgers.

The U.S. Department of the Treasury Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker urged crypto industry players and regulators to prevent the illicit use of cryptocurrencies in a speech Dec. 3.Speaking at the Financial Crimes Enforcement Conference on Dec. 3, Mandelker addressed the issue of mitigating risks related to emerging technologies, including digital currencies, which could potentially be used for nefarious purposes.

U.S. Rep. Warren Davidson has announced plans to introduce legislation that would clearly regulate cryptocurrencies and Initial Coin Offerings, local Ohio news agency Cleveland.com reports Dec. 3.According to Cleveland.com, Davidson announced his intention to introduce new legislation at the Blockchain Solutions conference.

Numerai never did a token sale, but people have its token and they are using it.

Tuesday, Nov. 4: Most of the top twenty cryptocurrencies are in the green, having overcome yesterday's losses, with Bitcoin hovering under the $4,000 mark.

The Air Force Institute of Technology, a graduate school run by the U.S. Air Force, has launched an educational tool for blockchain.

The Department of Financial Services of New York has authorized a blockchain-based digital platform offered by a local bank, an official NYDFS press release states Dec. 4.

Binance, the world's largest crypto exchange by trading volumes, will launch its own blockchain "Binance Chain" in the "Coming months," as the company revealed in a tweet on Dec. 4.

Crypto exchange Poloniex has announced the opening of trading services for institutional clients.

Overstock subsidiary Medici Ventures is investing in a software firm looking to store grain transactions on a blockchain.

Brazil's largest private bank has partnered with United Kingdom bank Standard Chartered to create a blockchain-based platform for small loans, according to a press release published by Itau Tuesday, Dec. 4.

The Swiss Minister of Finance, Ueli Maurer, has rejected a possible blockchain law in a speech at blockchain conference Infrachain in Bern, Cointelegraph auf Deutsch reported today, Dec. 4.Instead of a specific blockchain or crypto legal framework, Switzerland plans to tweak existing laws to allow for the new technology and its financial applications, Maurer said.

"The Internet of Things describes the connection of devices - any devices - to the internet using embedded software and sensors to communicate, collect and exchange data with one another."

Chinese crypto investor Li Xiaolai will lead a stablecoin project within Hong Kong-based blockchain fund Grandshores Technology, according to an official document issued on Monday, Dec. 3.

A senior U.S. official has called on the crypto industry and the wide global financial sphere to take steps to prevent malicious actors from using the tech for illicit purposes.

A Russian court dedicated to intellectual property cases has successfully tested a blockchain network for storing copyright data.

Blockchain consortium Hyperledger has launched a new tool for developers - a modular, shared cryptographic library dubbed Ursa.

A new blockchain-type network led by a Turing Award recipient and other academics has sealed $35 million in funding from big-name investors that include Sequoia Capital.

Ehud Barak, a former Israeli Prime Minister, has compared digital currencies to Ponzi schemes, Israeli media agency Arutz Sheva reported on Dec. 3.