The Latest News about Cryptocurrency

Samsung's production wing, Samsung Foundry, has launched a new production process of its 7-nanometer Low Power Plus process node, which could reduce its energy consumption by up to 50 percent, according to an official press release Oct. 18.

On October 12, Finance Magnates reported that payment giants Mastercard and VISA will both soon group cryptocurrency and Initial Coin Offering jurisdictions in a new "High risk" category.

The Commodity Futures Trading Commission has won a legal battle against a New York resident and his company for running a Ponzi scheme centered around bitcoin.

Binance, the world's largest cryptocurrency exchange by adjusted volume, is actively looking to list more stablecoins in addition to the three it already supports, which include the recently beleaguered tether.

Ripple's head of information security is leaving the company.

Just days after blowing the lid off their new institutionally oriented cryptocurrency outfit, and Fidelity Investments has already bagged one of blockchain's household names as its first client.

The U.S. Securities and Exchange Commission is launching a new division with the goal of making it simpler for fintech startups - including those launching initial coin offerings - to navigate the legal implications of their products.

The head of Russia's central bank, Elvira Nabiullina, believes that "Crypto fever" is beginning to diminish, major Russian news agency RIA Novosti reports Thursday, Oct. 18.

U.K.-based multinational security services company G4S has developed a new service for protecting cryptocurrency assets, the firm announced in an official press release Thursday, Oct. 18.

U.S.-based cryptocurrency exchange Coinbase is making a recently developed automated security scaling tool available to the public.

U.S. banking giant Goldman Sachs and its former partner Mike Novogratz, now CEO of crypto investment firm Galaxy Digital, have recently invested in U.S. crypto custody service BitGo, Bloomberg reports Wednesday, Oct. 18.

Conversely, the government of the UAE and Dubai have been the driving force behind the promotion of blockchain use in the country.

Tether has seen marked movement for a "Stablecoin." Having slipped from its U.S. dollar peg to trade well below its historical price range last week, the asset has today seen around 0.7 percent growth as it stakes an attempted recovery.

Global ticketing giant Ticketmaster has acquired blockchain-focused live events firm Upgraded, according to an Oct. 18 press release.

Roubini pushed a narrative that claimed a Starbucks latte will cost $63 if paying with Bitcoin because a Bitcoin transaction fee is $60. In reality, the transaction fee of Bitcoin is below $0.1, which is common knowledge and verifiable to the public on the blockchain.

U.K.-based bank Natwest will integrate a new blockchain platform based on R3 Corda technology for use in the syndicated loans market, financial news platform Mondovisione reports today, October 18.

Institutional cryptocurrency over-the-counter broker Genesis Global Trading revealed its loans spin-off processed over half a billion dollars in its first six months in a new report Thursday, Oct. 18.

Clients of the defunct crypto exchange Mt. Gox must submit claims for trapped funds by Oct. 22.

Global management consultancy firm Accenture announced it had partnered with a subsidiary of Thailand's oldest bank on a new blockchain tool aimed at supply chains in a press release Wednesday, Oct. 17.

A federal law enforcement agency within the U.S. Department of Justice has recently announced a bid auction for approximately 660 confiscated Bitcoins, the U.S. Marshals Service reports Thursday, Oct.18.

The Bill and Melinda Gates Foundation has partnered with blockchain startup Coil as part of its mission to provide payment services for the unbanked.

A new decentralized e-commerce platform aims to allow online shoppers and e-commerce stores to combine purchasing power and microdistribution to access bulk pricing and discounts.

Major global chip manufacturing firm Taiwan Semiconductor Manufacturing predicts revenue growth in Q4, but expects a counterbalance due to the low demand for crypto mining hardware, Reuters reports Thursday, Oct. 18.

Deputy Director and Principal Technologist of the Bill and Melinda Gates Foundation, Miller Abel, tweeted on Monday that his organization would be partnering with Ripple Labs and Coil to explore ways to help get payment systems to the poor.

Experts with ties to the World Bank Group presented options for using blockchain in e-government procurement in a report released Wednesday, Oct. 17.

U.K.-based security services company G4S now offers a crypto custody service aimed to protect investors' holdings of digital assets.

The results of the first Financial Knowledge Index conducted in Chile reveal that only 39 percent of citizens have ever heard of cryptocurrencies, according to a paper published Tuesday, Oct. 16, by the Chilean Central Securities Depository.

Almost two-thirds of those taking Malta's cryptocurrency agent certification have failed, despite examiners' last-minute changes to ease the marking scheme, English-language daily Times of Malta reports Oct. 18.

Bitcoin is again trading in a narrowing price range above $6,400, but the lateral trading may soon give way to a rally, according to technical studies.

A Japanese taxation policy committee held a debate with the aim of simplifying cryptocurrency tax Wednesday, Oct. 17, Japanese daily news outlet Sankei News reports.