The Latest News about Cryptocurrency

Find the latest, and the most interesting, cryptocurrency news collected from around the net.

Most Central Banks Back Digital Currency If DLT Improved: IBM Survey
A new IBM research report finds most polled central banks believe they should issue a wholesale central bank digital currency, although they remain uncertain if blockchain can provide sufficient cost and efficiency benefits.
Don't 'Disadvantage' Emerging Tech Like Blockchain, Says U.S. Telecoms Authority Chairman
The U.S. should not "Disadvantage" emerging technologies such as blockchain due to "Antiquated" regulations, the head of the country's telecoms regulator told Indian daily news outlet Indian Express Friday, Oct. 26.
$100 Doldrums: Bitcoin's Price Is Stuck In Its Tightest Range Since 2017
The bitcoin market is experiencing the lowest volatility it's seen for 18 months.
Chinese Arbitrator Reaffirms That Bitcoin Can Be Held, Privately Transferred as Property
An arbitration body in China has ruled that cryptocurrencies such as Bitcoin are legally protected as property, in a case published Oct. 25 via the arbitrator's WeChat account.
Ripple Cofounder Chris Larsen at Money2020 FinTech Conference: 'Silicon Valley Has Missed the Boat'
Ripple co-founder Chris Larsen sat down for a discussion.
India Supreme Court Seeks Government Opinion on Crypto Within 2 Weeks
The Supreme Court of India has asked the country's government to provide an opinion on cryptocurrencies, amid legal fallout from a ruling by the central bank in April.
Mastercard Patent Claims Cryptocurrency Can Benefit From Fractional Reserve Banking
U.S. multinational financial services corporation Mastercard wants to apply principles of fractional reserve banking to cryptocurrency, a new patent application published Thursday, Oct. 25 reveals.
Zcash's Next Upgrade to Make Private Transactions 100x Lighter and 6x Faster
Heralded as a privacy breakthrough in the crypto community, shielded transactions run a type of cryptography named zk-snarks in order to obscure transaction data.
Zcoin Gives ASICs the Boot with Merkle Tree Proofs
In a direct challenge to the type of industrial-grade efforts that have transformed once-lone cryptocurrency miners into multi-billion-dollar oligarchies, Zcoin has held itself up as the first cryptocurrency to "Democratize" mining using Merkle Tree Proofs, a PoW algorithm for ASIC-resistance.
Chinese Court Rules Bitcoin Should Be Protected as Property
An arbitration body in China has ruled that despite the country's central bank's ban on cryptocurrency trading, bitcoin should still be legally protected as a property with economic values.
Crypto Investing Has Finally Met Its Tinder Match
"The average consumer just doesn't care about decentralization," Jeff Morris, Jr., an under-the-radar venture investor in the crypto space, told CoinDesk in a recent interview.
Sydney Woman Nabbed by Police for Stealing 100,000 XRP
Police have arrested a 23-year-old woman from an address in Epping, Sydney where she lives with her parents for allegedly raiding a 56-year-old man's cryptocurrency wallet and transferring more than 100,000 XRP to an exchange in China.
Cryptocurrency 'Illegal' In India Says Trade Organization Head
The head of an Indian nonprofit trade organization said cryptocurrency is "Illegal," and urged businesses to obey the law, local news daily the Hindu reported Thursday, Oct. 25.Debjani Ghosh, the president of the National Association of Software and Services Companies, was cited by the Hindu saying that cryptocurrencies are illegal from NASSCOM's perspective.
Is Crypto-Finance the New Banking? Coinbase and Circle to Blacklist Suspicious IP Addresses for USDC
Earlier this week, Coinbase announced the addition of USDC - a stablecoin developed by crypto-finance firm Circle - to its trading platform.
Vietnam's Largest Telecoms Company Enters Blockchain Sphere, Aims to Be Industry Leader
The Viettel Enterprise Solutions Corporation has set a goal to become Vietnam's leading blockchain technology provider in five years, local news outlet Viet Nam News reported Oct. 25.
Bloomberg: European Crypto Mining Firm Bitfury Considers Going Public
Blockchain technology company Bitfury is considering a potential Initial Public Offering, which could reportedly become the first major public listing in the crypto industry in Europe, Bloomberg reported Oct. 25.People familiar with the matter reportedly told Bloomberg that Bitfury is examining a range of options including raising debt financing or selling a minority stake.
Binance Donated BTC and ETH Worth $500,000 to Victims of West Japan Flood
Binance released a report Oct. 24, outlining its role in the aid of the victims of the 2018 West Japan floods.
Ripple Reports Double Revenue From XRP Token Sales in Third Quarter of 2018
American tech company Ripple reported that its revenue from XRP token sales doubled in the third quarter compared to the second quarter of 2018, according to the company's quarterly report published Oct. 25.In the Q3 2018 XRP Markets Report, the company reveals that it sold $163.33 million worth of XRP in the Q3, which is more than double the $73.53 million it sold in the previous quarter.
Bitcoin's White Paper Isn't Just Words
The bitcoin white paper changed how money can work, yes, but less discussed - and even more important - is how it is changing how we share and place value on ideas.
North Korea Allegedly Backed Two Cryptocurrency Scams This Year
According to a new report from U.S.-based security firm Recorded Future published on Oct. 25, the North Korean government has sponsored at least two scam coins.
Prominent Financial Advisor: Crypto Market Cap Will Hit $20 Trillion in Ten Years, Bitcoin to Face "Competition"
Ten years after the launch of Bitcoin, the cryptocurrency market remains in its nascent stages.
Reserve Bank of Australia Official 'Not Convinced' of Need for Digital Dollar
The Reserve Bank of Australia assistant governor Michelle Bullock said that the bank has not been convinced of the need to create a digital Australian dollar, local business and finance news outlet The Australian Financial Review reported Oct. 24.Speaking at the Sibos 2018 banking and financial conference in Sydney, Bullock reportedly said that she is "Interested to consider what frictions these technologies are designed to address [but] in many cases I just don't see what the point is."
Report: Bitfury Weighs Initial Public Offering
Crypto miner manufacturer Bitfury is considering holding an initial public offering as one of a number of strategic options for raising funds, Bloomberg reported Thursday.
Shark Tank's Kevin O'Leary Invests $100,000 in Bitcoin Investment App
Shark Tank investor Kevin O'Leary led a $100,000 investment in a cryptocurrency application that converts spare change on credit card purchases to a user-selected cryptocurrency, reported CNBC on Oct. 23.Converting Spare Change to Crypto.
Canadian Border Services Begins Testing IBM Blockchain for Shipping
The Canadian Border Services Agency is partnering with Canada's second-largest port to test out a blockchain solution for streamlining freight shipping.
IBM Study: Most Global Financial Firms Think Central Banks Should Issue Digital Currencies
The majority of global financial institutions surveyed believe that central banks should develop central bank-issued digital currencies, according to a joint study by IBM Blockchain World Wire and the Official Monetary and Financial Institutions Forum released Oct. 25.
Major Agriculture Companies Partner to Use Blockchain in Grain Trading
The world's four largest agriculture companies, commonly known as ABCD, have partnered to digitize international grain trading by using blockchain and artificial intelligence technologies, Reuters reports Thursday, Oct. 25.
Ripple Says XRP Sales Doubled in Third Quarter of 2018
Distributed ledger tech startup Ripple saw revenue from the sale of the digital asset XRP more than double this past quarter compared to the second quarter of 2018.
UK Royal Mint Says Market Conditions Led to Blockchain Gold Plan Freeze
The U.K. Royal Mint has suspended a long-running plan to create a crypto asset representing physical gold holdings.
СNBC Crypto Trader Host Ran Neuner Claims Coinbase Will Soon Announce Its First IPO
Ran Neuner, host of of the Crypto Trader show on CNBC Africa, claims that major crypto exchange and wallet Coinbase is about to announce its first Initial Public Offering, according to a tweet Thursday, Oct. 25.
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