The Latest News about Cryptocurrency

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

Former Trump Advisor Gary Cohn Joins Blockchain Startup
Gary Cohn, a former chief economic advisor to U.S. President Donald Trump, has just joined a blockchain startup.
CFTC Chair Giancarlo Says Institutional Investors Will Help Crypto 'Mature'
An influx of institutional investors to the cryptocurrency markets may help the space "Mature," U.S. Commodity Futures Trading Commission chair J. Christopher Giancarlo said Friday.
Markets See Piecemeal Price Action, Some Stability After Yesterday's Plummet
Bitcoin has has seen little price action on the day, and is up 0.5 percent to trade at $6,318 as of press time.
ETC Labs Launches Startup Incubator Pilot as Applications Exceed 100
The director of Ethereum Classic's investment branch ETC Labs revealed in an interview Thursday, Oct. 11, that it will work with as many as 24 startups each year.
Gemini Adds Litecoin Trading With New York Watchdog Approval
Investors will soon be able to trade litecoin on the Winklevoss brothers-founded cryptocurrency exchange Gemini.
Recently Hacked Adult Entertainment Platform SpankChain Returns Stolen BOOTY, Ethereum
Ethereum-based adult entertainment platform SpankChain confirmed that it had recovered all the funds lost during a security breach October 6.
FinCEN Lambasts Iran's 'Illicit and Malign' Use of Crypto to Evade Sanctions
The U.S. Financial Crimes Enforcement Network is calling on cryptocurrency exchanges to monitor Iranian use of crypto to evade sanctions.
People's Bank of China Recommends Yuan-Pegged Stablecoin
An independent researcher from the People's Bank of China argued that China must increase its research efforts in the stablecoin space and support upcoming companies that are exploring a yuan-pegged cryptocurrency.
Leading Auction House Christie's to Record Art Sales on a Blockchain
London-based Christie's, one of the oldest and most noted art auction houses in the world, is turning to blockchain tech to securely store sales and provenance data.
3 Bitcoin Price Factors That Suggest Bears Are in Charge
The prospect of a deeper drop in bitcoin prices has increased, price-volume analysis indicates.
Plastic Surgeon and Startup Investor Buys $352 Million Stake in Korean Crypto Exchange Bithumb
A group led by one of South Korea's leading plastic surgeons, Dr. Kim Byung Gun, has made a major investment in crypto exchange Bithumb's holding company.
Cardano Releases Project Shelley Update
On Oct.9, the Cardano team released a video updating investors and the public about the progress of Project Shelley, which the firm touts as a path to the protocol's "Full decentralization."
FinCEN Blasts Iran's 'Malign' Use of Crypto to Bypass Economic Sanctions
A U.S. regulator is urging domestic exchanges to help prevent the Iranian regime from using cryptocurrency to bypass economic sanctions.
Fake News Site Used New Zealand Prime Minister to Pump Bitcoin Startup
A fake news site has used the likeness of New Zealand Prime Minister Jacinda Ardern to promote articles on Facebook aimed to pump a crypto startup.
Meet the VC Fund Bridging Beijing and San Francisco Crypto
Dragonfly Capital Partners, a fund led by crypto investor Alexander Pack and experienced Chinese venture investor with 20 years of experience Bo Feng, has raised $100 million for its first fund to invest in cryptoasset startups.
SoCal Escrow Company Joins Ranks of Those Accepting BTC for Real Estate
Southern California company Glen Oaks Escrow announced on Oct. 9th. that it will begin accepting payment in Bitcoin and Bitcoin Cash through BitPay.
Nevada's Utilities Agency Eyes Blockchain for Energy Credit System
The Public Utilities Commission of Nevada, a government agency charged with supervising and regulating power utility services in the state, is looking to implement blockchain for its energy credit tracking system.
Adobe Flash Being Used For Cryptojacking
Cybersecurity software company Palo Alto Networks reports that miners looking to use your computer to expand their hashing power are getting sneakier.
EOS' Grand Governance Experiment Has a New Enemy: China's Great Firewall
Namely, Chinese internet controls - commonly known as the "Great Firewall" - make it difficult for those in China and the West to converse using the same platforms: Western EOS enthusiasts mostly gather on Telegram, while WeChat dominates in China.
Korea's Largest Bitcoin Exchange Sells Stake in $350 Million Deal
Bithumb, currently the largest cryptocurrency exchange in South Korea by trading volume, just confirmed it has sold more than 38 percent of its total ownership to a blockchain consortium based in Singapore, for 400 billion won, or $350 million.
SpankChain Says Hacker Returned Stolen Crypto Funds
A hacker who stole 165.38 ETH from the SpankChain platform has returned the funds.
Coinbase Launches First ERC-20 Token on Platform
Leading U.S. cryptocurrency exchange Coinbase has started listing 0x token, according to an announcement published Oct. 11.
Are Brokerages Needed in Crypto?
Current decentralized/centralized exchanges are great for the average crypto trader.
Report: SEC Expands Crackdown on ICOs, Regulatory Ambiguity Remains
The U.S. Securities and Exchange Commission has expanded its crackdown on Initial Coin Offerings, putting "Hundreds" of projects at risk, according to a recent joint investigation by Yahoo Finance and Decrypt Media published, Oct. 10.The authors of the report stressed that hundreds of crypto and blockchain startups that conducted token sales have eventually found that they had violated securities laws despite their endeavors to comply with regulations.
Humans to Become Nearly Redundant in Crypto Trading
The suite harnesses almost all of the latest technology of the day, except, perhaps, virtual reality - because AI, blockchain, meep machine learning, and big data, are all there.
Israel Poised to Become a Major Blockchain Innovation Hub
Leading the way in research and development expenditures of GDP by percent, cultivating a thriving startup culture comparable to Silicon Valley, Israel is one to watch in the world of blockchain tech innovation.
Crypto Regulations for UK Could Take Two Years, Says Legal Expert
Jeff Kaufmann, Legal Director at British law firm Reynolds Porter Chamberlain, said that the introduction of cryptocurrency market regulations in the U.K. could take two years, according to an RPC press release published Oct. 11.RPC is a London-based corporate and insurance law firm with offices in Bristol, Singapore, and Hong Kong, and staff amounting to 720 people, including over 80 partners and 330 other lawyers.
China's Central Bank Seeks Digital Currency Specialists
The Chinese central bank, the People's Bank of China, has opened four positions for crypto-related professionals, according to a document published Wednesday, Oct. 10 on the bank's website.
This Week in Blockchain Venture Capital
Welcome to This Week In Blockchain Venture Capital, our weekly series detailing blockchain-focused companies that advance and cultivate their mission with venture capital.
US SEC Halts Fraudulent ICO That Claimed to Possess Regulator's Approval
The U.S. Securities and Exchange Commission has halted a planned Initial Coin Offering that falsely claimed have SEC approval, the agency reported in an official press release Thursday, Oct. 11.The SEC suspended the ICO project with an emergency court order, and also halted pre-ICO sales by the company Blockvest LLC, and its founder Reginald Buddy Ringgold III.The complaint by the SEC alleges that Blockvest falsely claimed that their ICO and affiliates had acquired approval from major financial regulators, including the SEC itself.
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