The Latest News about Cryptocurrency

Coil, a new company founded by Ripple's former chief technology officer Stefan Thomas, has launched a closed beta.

Bitcoin, currently ranked #1 by market cap, is up 2.51% over the past 24 hours.

Michael Terpin is an American blockchain and crypto investor who has worked with over 100 projects running Initial Coin Offerings since entering the blockchain space in early 2013.Terpin co-founded BitAngels in 2013 and, more recently, founded blockchain PR firm Transform Group.

If prices break out of $7,127, the BTC/USD pair can pick up momentum and scale above the 50 percent Fibonacci retracement level of $7,198.

The research arm of Bitcoin Mercantile Exchange recently analyzed leaked data about mining giant Bitmain to pinpoint fallacies and other investor accusations toward the mining business.

Firefox, the popular Web browser, will soon begin automatically blocking crypto mining malware scripts as part of a wider performance-enhancing push.

Colombian President Ivan Duque has recently promised to cut taxes for cryptocurrency and blockchain startups, local newspaper El Tiempo reported Wednesday, August 29.Duque delivered an opening message during ANDICOM, an international congress on information and communications technology held annually in Cartagena de Indias, Colombia.

A proposal that, if enacted, would change how much new cryptocurrency is released on the world's second-largest blockchain was finalized Friday, with developers agreeing to include the code for such a change as part of ethereum's upcoming October upgrade, Constantinople.

Bitcoin is trading at around $6,925 at press time, up around 1 percent on the day, according to Cointelegraph's Bitcoin price index.

Bitcoin got a new mainstream mention from U.S. rapper Ryan Daniel Montgomery, better known as Royce Da 5'9,' in a track featured on Eminem's new album "Kamikaze," Forbes reports August 31.Rappers Eminem and Royce Da 5'9' have collaborated several times throughout their careers, having recorded a combined 66 songs that have made it into the Billboard Hot 100 record chart.

Rapper and actor Eminem has given bitcoin's public awareness another boost, giving it a mention in a song on his latest album, "Kamikaze."

At the same time, the experience of traditional banks in ensuring cybersecurity is still not in demand within the crypto industry, which leads to users' millions of dollars theft or data breach, like in an incident happened to Atlas Quantum account owners on Aug. 25.The top five attacks on crypto exchanges are well known to traders and studied by cybersecurity specialists around the world.

A policy advisor for the Netherlands' central bank has claimed that Bitcoin price changes coincide with Google searches for the cryptocurrency, CNBC reports Friday, August 31.In an interview with the network Wednesday, De Nederlandsche Bank's Joost van der Burgt said that the trend became clearer last December with the advent of the first Bitcoin futures hitting the market.

Data indicates that the blockchain job industry has seen a sustained uptrend in Asia, while cryptocurrency-specific applications appear to wax and wane with volatile markets, CNBC reports August 31.Recruitment firm Robert Walters told CNBC that it has seen a 50 percent increase in the number of roles related to blockchain or cryptocurrencies in Asia since 2017, noting that developers skilled in Python language programming are among the most coveted of applicants.

Pushing further into the public eye, CryptoKitties has partnered with Meural to showcase the "Bringing Blockchain to Life" art exhibit.

NEO's dismal performance in August has likely strengthened the already strong bear grip on its market.

The government of a South Korean province will issue its own blockchain-based digital currency in a move to replace a state loyalty scheme, local media first reported Monday, August 27.Officials in Gyeongsangbuk-do will partner with blockchain startup Orbs to create Gyeongbuk Coin, which it will roll out to consumers in lieu of the existing "Hometown Love Gift Cards."

Japan's National Police Agency is to fund development of new software to help track individuals behind illicit crypto transactions.

Japanese e-commerce giant Rakuten, which has a market capitalization of over $12.5 billion, has revealed a 265 million yen deal to acquire domestic crypto exchange Everybody's Bitcoin, in an announcement published August 31.The deal, which will reportedly be settled by October 1, has been made via Rakuten's subsidiary, Rakuten Card Co. Ltd. It is based on a stock purchase agreement between the latter and Everybody's Bitcoin parent company Traders Investment.

U.K.-based multinational professional services network PricewaterhouseCoopers will bolster its employees' blockchain knowledge through a dedicated program next year, Digiday reported Thursday, August 30.Part of a coordinated push to enhance digital awareness, the company will put 1000 staff through its Digital Accelerators program, which will run for two years from January.

Japanese social messaging giant LINE has launched its own cryptocurrency and in-house blockchain, according to an announcement released today, August 31.LINE has revealed that the genesis block of its new mainnent, LINK chain, was generated August 23.

The United Arab Emirates is the latest country to join the movement, as Adab Solutions launches the first-ever Sharia-compliant cryptocurrency exchange.

Bitcoin is all set to end August with double digit-losses, but a closer look at the price action suggest better times lie ahead for the leading cryptocurrency.

Japanese e-commerce giant Rakuten is planning another step into the cryptocurrency industry with the acquisition of a local bitcoin exchange.

This week, South Korean lawmakers observed the government's confusing stance on distributed ledger applications, with blockchain technology promoted across the board and ICO projects facing strict crackdowns.

UPDATE: This article has been updated to include a comment from LINE on the technical aspects of the blockchain.

Illicit cryptocurrency mining attacks are showing no signs of slowing down, with IT security firm Trend Micro reporting a 956 percent jump in such attacks since the start of 2017.Crypto Prices Fall, Attacks Do Not.

Yahoo Finance, one of the world's largest news sites for real-time stock quotes and market information, has added a new feature to allow cryptocurrency trading on its platform.

Dfinity, a Switzerland-based blockchain startup, has secured $102 million in funds from venture capitalist firm Andreessen Horowitz and crypto fund Polychain Capital to support its "World computer" project, according to Fortune.

A research unit for crypto exchange BitMEX analyzed recent data on Bitmain which was leaked to Twitter earlier this week.