The Latest News about Cryptocurrency

After introducing cryptocurrency trading services to well-received appreciation earlier 2018, financial services giant Barclays has reportedly shut down the desk without providing sufficient reason.

The Ethereum Foundation just awarded nearly $3 million in grants to a number of blockchain startups and developers as part of its ongoing grant program.

The cryptocurrency exchange sector in Hong Kong may soon see an upheaval, as the city's Securities and Futures Commission explores various aspects of regulating the myriad of cryptocurrency trading bourses operating in the city, reported South China Morning Post on Oct. 15.Hong Kong Exploring Digital Assets.

Paxos, the startup behind the Paxos Standard stablecoin, said it has so far issued a total of $50 million-worth of the U.S. dollar-pegged cryptocurrency since its official launch last month.

Repercussions are being felt in the ethereum development ecosystem after an initial test of the platform's forthcoming software upgrade, Constantinople, failed to deliver expected results.

San Francisco-based cryptocurrency exchange Coinbase has opened a new office in Dublin, Ireland, according to an announcement published Oct. 15.

Former chairman of the U.S. Commodity Futures Trading Commission, Gary Gensler said that most tokens sold through Initial Coin Offerings should be classified as securities, Bloomberg reported Oct. 15.

"Because the supply of Bitcoin was limited, as more and more people demanded to start using it as money, the price would have to go up and go up a lot."

Kenya's government plans to deploy blockchain technology to manage a government housing project of 500,000 units, Kenyan news outlet the Star reported Oct. 15.

Crypto exchange Coinbase is launching in a new office in the capital of Ireland.

The much-awaited Constantinople hard fork face yet another setback last week after an alleged "Consensus" issue caused developers to term the testnet "Not usable," as per a tweet from Ethereum infrastructure firm Infura on Oct.13.

U.S.-based cryptocurrency payment processor BitPay has started accepting stablecoins, according to an announcement published Oct. 15.

XRP/USD. Ripple is attempting to pull back after taking support at the 78.6 percent retracement level in the recent rally.

Crypto exchange Bitfinex said Monday that withdrawal services are operating "Without the slightest interference" - but some of its users would seem to disagree.

Fidelity Investments, one of the world's largest financial institutions managing assets in excess of $2 trillion, announced Monday that it would be launching a new platform.

Leading South Korean financial holding company KB Financial Group Inc. has been awarded a patent for a blockchain-based fintech app security solution, South Korean economic news outlets The Digital Times reports Monday, Oct. 15.

The third top crypto exchange by market cap, OKEx, has recently announced the listings of four stablecoins at once, according to an official blog post published on Monday, Oct. 15.

According to a recent report, the endowments of Harvard University, Massachusetts Institute of Technology, Stanford University, Dartmouth College, and the University of North Carolina have all invested in one or more cryptoasset funds.

U.S. investment firm Fidelity, which administers over $7.2 trillion in client assets, has announced the launch of a new company, Fidelity Digital Asset Services, according to an Oct. 15 press release.

Financial services provider Fidelity Investments is launching a cryptocurrency trading and storage platform.

Just in the past month having secured in-principal regulatory approval from the Gibraltar Financial Services Commission, DAM now stands with "Clout and trust" as a soon to be regulated provider of OTC deals, cold-storage custody, and 'discretionary' portfolio management for some of the industry's heaviest hitters.

Japanese electronics giant Sony has developed a new blockchain-based digital rights management system that may see commercial rollout.

Apple co-founder Steve Wozniak has been announced as a co-founder of recently launched blockchain-focused venture capital fund EQUI Global, global business outlet Verdict reports Monday, Oct. 15.

A new blockchain network believes its platform offers the "Next step" from Bitcoin - speeding up transaction times and giving crypto enthusiasts the chance to change between different digital currencies with ease.

Crypto exchange Binance, the world's largest by volume, suspended withdrawals of the tether stablecoin Monday morning during what it called a period of heightened activity.

The former head of institutional products at major U.S. crypto exchange Coinbase Adam White will be joining Intercontinental Exchange's forthcoming platform Bakkt.

Hong Kong-based cryptocurrency exchange OKEx has announced that it is adding four U.S. dollar-pegged cryptocurrencies to its platform for trading.

Globally, every pilot learns from the mistake of one.

Plattsburgh, New York, is considering bringing in stricter requirements on commercial cryptocurrency mining farms operating in the city.

Major international crypto exchange Binance has announced that its fiat-to-crypto exchange will open in Uganda this week, the company reveals Monday, Oct. 15.