The Latest News about Cryptocurrency
Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Moody's: Blockchain Could Save US Mortgage Industry $1 Billion
Blockchain could help cut costs and redundancies in the mortgage process, according to a new report from Moody's.
Bitcoin's Price Jumps $1,000 In 30 Minutes Of Market Growth Across The Board
The crypto markets experienced an explosion of growth today, April 12, with Bitcoin jumping more than $1,000 to break $8,000 over just a 30 minute period, and the rest of the market solidly in the green.
World's Second Largest Crypto Exchange OKEx Moves To 'Blockchain Island' Of Malta
Malta, which has recently passed regulatory legislation concerning Blockchain, cryptocurrencies, and Initial Coin Offerings in a bid to become a crypto-friendly "Blockchain island," is welcoming major crypto exchange OKEx to the country, according to an OKEx press release published today, April 12.
Santander to Launch Ripple Payment App This Week
Global banking giant Santander Group is reportedly launching a blockchain-based application for cross-border foreign exchange on Friday.
How Blockchain Can Help Fix the Trucking Industry
The U.S. trucking industry generated over $676 billion in revenue in 2017, moving about 70% of the nation's entire domestic freight tonnage.
China: Blockchain Conference Shut Down By Police, Organizers Claim 'No Legal Issues'
Organizers of a Chinese Blockchain conference that police suddenly shut down have denied rumors they invited a suspected fraudulent Initial Coin Offering to the event, local news outlet YMTMT.com reported Thursday, April 12.
$7.5K Ahead? Bitcoin Price Charts Hint at Bull Move
The stagnant bitcoin charts could spring back to life in the next 24 hours, with a bullish move possibly on the cards.
Blockchain Startup Kadena Raises $12 Million in SAFT Sale
Blockchain platform provider Kadena has raised $12 million through a Simple Agreement for Future Tokens sale.
National Currency, Scam And Police Violence: What's Going On With Crypto In India
India's central bank, the Reserve Bank of India has caused a stir on April 5, 2018 by announcing that it would not allow regulated institutions like banks, payment service providers and non banking finance companies, to provide services to persons or businesses that deal with cryptocurrencies.
Police Abruptly Halt Chinese Blockchain Conference
A blockchain-themed conference in Shanghai was abruptly suspended by police on Thursday.
The Anti-ASIC Revolt: Just How Far Will Crypto's Hardware War Go?
Designed specifically to enable operators to earn a greater share of their networks' rewards, "Application specific integrated circuits," or ASICs, have emerged to mine a handful of cryptocurrencies that were previously only able to be secured by those using GPU hardware.
BitFlyer Exchange Toughens User Verification Amid Watchdog Scrutiny
BitFlyer, a major Japanese cryptocurrency exchange, announced Thursday that it will toughen its know-your-customer process after reported criticism from the country's financial regulator.
Startup Developing A Universal Currency For Gamers Is Announcing Its Pending Patent
While implementing its own utility token that allows gamers to convert their in-game currencies into cryptocurrencies, the Tap Project has applied for a patent on the converting method.
Search Giant Baidu Unveils Blockchain Stock Photo Platform
Baidu, China's internet search giant, has launched a blockchain-based stock photo service in bid to protect image intellectual property in China, as part of its wider push for blockchain technology adoption.
Crypto Price Watch: Bitcoin, Ethereum, Bitcoin Cash and Ripple Experience Noticeable Jumps
After several weeks of "Downplay," several of the world's largest digital currencies have moved forward to experience some steady price boosts.
Blockchains Alone Won't Fix the Facebook Problem
The crush of photographers clamoring for a shot of the Facebook CEO was a reminder that Congressmen would frame their inquiry into the social media platform's use and abuse of its users' data around the man himself.
Nasdaq Will Delist Former Beverage Company Long Blockchain Corp.
Former soft drinks manufacturer-turned-Blockchain development company, Long Blockchain Corp., will be delisted from the Nasdaq Stock Market, according to an announcement April 10.Long Blockchain Corp. first received a delist notice from Nasdaq on Feb. 15 for low market capitalization, after which the company appealed the determination and a hearing took place on March 22.
Crypto Tax Support Is Coming Slowly to India
While the focus may be on the U.S. of late, cryptocurrency tax issues are becoming a global problem.
Ripple Invests $25 Mln In XRP In Blockchain Venture Fund
Ripple, a San Francisco-based payment network utilizing Blockchain technology, invested $25 mln of its own cryptocurrency, XRP, into Blockchain Capital Parallel IV LP venture fund, according to a company announcement April 11.The $150 mln fund is managed by Blockchain Capital, the oldest venture capital firm dedicated to Blockchain technology and the digital currency ecosystem, and the first fund to accept capital calls in cryptocurrencies.
J.P. Morgan Chase Sued For Charging Crypto Buyers With Surprise Fees
J.P. Morgan Chase & Co, a leading global financial services provider and one of the largest banking institutions in the US, was sued for charging undeclared fees to customers who used their credit cards to purchase cryptocurrency, treating the purchases as cash advances, Reuters reported April 11.The lawsuit was filed on Tuesday in a federal court in Manhattan on behalf of a proposed nationwide class, accusing the bank for charging additional fees, sky-high interest rates on the "Cash advances", and refusing to refund the charges to customers who complained.
The Winklevoss Brothers Just Won a Crypto Patent
A company owned by Cameron and Tyler Winklevoss, founders of the Gemini cryptocurrency exchange, has been granted a patent for a system that seeks to improve the security of digital transactions.
Alibaba's Taobao Expands Crypto Regulations By Banning ICOs And Associated Services
Chinese online shopping website Taobao, a subsidiary of retail giant Alibaba, will be banning stores on the platform from providing services related to Initial Coin Offering, according to the press release published on Tuesday, April 10.The official statement offers an update of the firm's previous cryptocurrency-related restrictions, which banned Taobao's customers from services related to cryptocurrencies like Bitcoin, as well as from offering cryptocurrency mining tutorials, Bitcoin mining machines, and other related hardware.
LTC Recovers as Litecoin Smart Contracts Set to Go Live
Litecoin rallied significantly in mid-February this year due to an announcement that the platform's merchant payment processing system would go live on the 26th of the same month.
Nasdaq Exchange to Delist Long Blockchain Stock
Nasdaq will delist the shares of Long Blockchain on Thursday, a move that comes months after the company's price soared following a name change and pivot to blockchain.
Lawsuit Alleges JPMorgan Chase Overcharged Crypto Buyers
A proposed class action lawsuit has been filed against JPMorgan Chase, alleging that the bank overcharged its credit card customers when they used funds to purchase cryptocurrencies.
Ripple Invests $25 Million of XRP in Blockchain Capital Fund
Ripple has invested $25 million worth of its XRP token in Blockchain Capital's Parallel IV venture fund, the startup announced on Wednesday.
Cryptocurrency Startup To Take On 'Outdated' Credit Cards Through Blockchain Payment Protocol
PumaPay claims its system has what it takes to propel cryptocurrencies into mainstream use and rethink how payments are processed.
European Startup To Enable Access To Commercial Real Estate For Small Investors
A European company Blocksquare.io is developing a Blockchain-based plug and play system to enable commercial real estate tokenization that will allow anybody with an internet connection to buy fractional ownership of assets worldwide.
EU Agencies to Offer €100K Prize at Blockchain Hackathon
Several European Union agencies will collaborate to facilitate an EU developer event - what they're calling a "Blockathon" - in June in a bid to explore applications of the tech for intellectual property rights enforcement.
Bitfinex in Poland: Were There Money Laundering Links?
On April 7 reports started emerging from Poland that Polish prosecutors seized €400 mln from an account that was allegedly linked to one of the biggest exchanges globally, Bitfinex.