The Latest News about Cryptocurrency

JP Morgan CIO Lori Beer said at a press conference in Buenos Aires that blockchain will "Replace existing technology" in a few years, according to Argentinian website Cripto247 August 23.

Despite an infamous crackdown on digital assets, the Reserve Bank of India has created a task force to explore avenues and unique use-cases pertaining to blockchain technology, artificial intelligence and cryptocurrencies.

A new survey from Deloitte found that 40 percent of executives from the telecom, media and technology space want to invest millions in blockchain research during the next year.

Samsung SDS, the IT arm of tech giant Samsung, has developed BankSign, a blockchain-based certification tool for banks, according to an official announcement August 27.

Bitcoin has been rocked with another remarkable late-night buy rally, seeing the coin scrape the $7000-mark for the first time in weeks after a $2 billion, 5-minute feeding frenzy.

Regulatory uncertainty and trust are major barriers to blockchain adoption among businesses, according to a study released August 27 by 'Big Four' auditing firm PricewaterhouseCoopers.

After WeChat and Tencent distanced themselves from cryptocurrency-related activities and businesses last week, the Chinese search engine Baidu stated it would actively work to eradicate cryptocurrency footprints from Chinese internet forums.

Randi Zuckerberg, the elder sister of Facebook founder Mark Zuckerberg, has joined the advisory board of cryptocurrency exchange Huobi to develop Huobi's new public blockchain, according to a recent press release.

Chinese cryptocurrency exchange Huobi has reportedly acquired the controlling stock interest in Hong Kong-based Pantronics Holdings Ltd. through a backdoor listing deal, local news outlet JRJ.com reported August 27.

On August 24, the price again broke out of the downtrend line of the descending triangle, which is a bullish sign.

On the heels of declaring Coinbase a "Cryptocurrency company" instead of a tech/finance firm, Natalie McGrath, head of people and operations, revealed that the startup reached 500 employees, Aug. 24.Coinbase Hits 500 Employee Mark.

Bearish positions for non-commercial contracts of Bitcoin futures are on the decline, according to the latest Commitments of Traders report released by the U.S. Commodity Futures Trading Commission August 24.

Monday, August 27: crypto markets have seen another recovery attempt, with all of the top 20 coins by market cap in the green, according to data from CoinMarketCap.

Blockchain-based social entertainment platform TaTaTu will screen the documentary Friedkin Uncut in North America and the U.K. on its platform, the startup announced Monday.

South Korea continues its drive to promote and expand uses for blockchain, announcing a hackathon to bring new ideas from the public Monday, August 27.

While countries like China, India and the U.S. are limiting the cryptocurrency sector, smaller countries like Singapore, Venezuela, Colombia and Malta are creating optimal regulations and infrastructure for the burgeoning digital asset ecosystem.

Brazilian crypto trading platform Atlas Quantum has recently suffered a major data breach which led to the exposure of clients' personal data, the company's official Facebook page stated Sunday, August 26.

The Monetary Authority of Singapore and the Singapore Exchange are looking to blockchain to create a secure platform for selling tokenized securities.

Noises in the Indian media Monday, August 27 suggest the country's central bank is keen to improve its understanding of cryptocurrency and blockchain, allegedly setting up a dedicated unit a month ago.

Announced via a Medium post, the GitHub repository published by the OmiseGO team provides an insight into OmiseGO's Tesuji milestone.

Samsung SDS, a subsidiary of South Korea's tech conglomerate, has developed a blockchain-based certification platform for South Korean banks, it announced Monday.

Bitcoin is still in a bear market with its price stable in the mid-$6,000 range.

Japanese ICT conglomerate Fujitsu is launching an IOTA-based proof-of-concept for audit trail processes in the manufacturing industry, according to an official notice released August 25.

Cloud computing giant Red Hat may be looking into tapping a blockchain-based system to track software usage.

Russian air carrier S7 Airlines has partnered with state-owned oil giant Gazprom Neft to use blockchain-based smart contracts for aircraft fuelling, a press release confirmed Friday, August 24.

The music industry already tested the waters of the financial benefits of blockchain technology, but Slovenian electro producer Gramatik has also seized inspiration from the blockchain to create a new track entitled "Vitalik Buterin."

Chinese tech giant Baidu has joined Tencent and Alibaba in imposing new anti-crypto measures in line with Beijing's toughened stance, South China Morning Post reports Monday, August 27.

S7, one of the largest airline operators in Russia, has tested a blockchain-based application that tracks data and paperwork connected to the process for refueling planes.

BitMEX Research, the think-tank of the world's largest BTC/USD exchange, re-tackled old evidence suggesting the original cryptocurrency's enigmatic creator may hold up to a million Bitcoin.

The bearish sentiment in the bitcoin futures market hit a record low last week, likely indicating the worst of the plunge in the leading cryptocurrency is behind us.