The Latest News about Cryptocurrency

UK watchdog The Financial Conduct Authority has granted its third e-money license to a crypto-related company, Financial Magnates reports August 23.

The U.S. Federal Trade Commission is blowing the whistle on of a new Bitcoin blackmail scam-one purportedly targeting men with a disposition for extramarital "Activity."

A California-based Bitcoin mining company has completed work on a repurposed hydroelectric dam to service its new mining farm, a press release announced Thursday, August 23.

The newly appointed chief of Japan's top financial regulator has stated his belief that there is no need for "Excessive" regulation of the country's cryptocurrency industry.

LG CNS, a subsidiary of South Korean multinational conglomerate LG Corporation, has announced a plan to strengthen its enterprise offerings in seven key areas including blockchain, according to an official press release published August 22.

Police in California have arrested an alleged hacker who stole Bitcoin totalling more than $1 million by hijacking cellphones, investigative cybercrime blog Krebs on Security reported Wednesday, August 22.

With increasing regulatory scrutiny, cryptocurrency exchanges are preparing for the proliferation of security tokens, and fintech startup Securrency is ahead of the curve in issuing them.

China is prohibiting all commercial venues from hosting any cryptocurrency-related events in Beijing's Chaoyang district, local news outlet The Paper reported August 22.

South Korean cryptocurrency exchange Bithumb made net profits of 39.34 billion won in the first half of this year, despite a rough June for the firm.

Stockholm IT Ventures AB, a Swedish company specializing in cryptocurrency and blockchain technology, has announced its subsidiary has finalized a software license agreement with Valens Bank, according to the official August 22 press release.

At the time of the pump, the premium for Bitfinex Bitcoin rose by almost $150, meaning the market order pushed up the price on Bitfinex first, and the Bitcoin price on Coinbase followed.

Bitcoin is teasing a minor rally today, having defended key support at $6,230 despite a string of bad news.

North Korean hackers have infected a cryptocurrency exchange with malware for both Windows and macOS for reportedly the first time, Russian internet security company Kaspersky Lab announced Thursday, August 23.

Hawaii's Democratic Representative Tulsi Gabbard has joined the list of U.S. politicians who have invested in cryptocurrency, having disclosed purchases of Litecoin and Ethereum, Bloomberg reports Thursday, August 23.

The World Bank is expected to settle its first blockchain-based bond worth $73 million this month.

Launched Aug. 22, Revolut released a new metal debit card that gives customers cashback in cryptocurrency.

To that end, burning tokens, or destroying the cryptographic keys to these assets so they can't ever be recovered, has proven to be a selling point for investors, with ICO white papers finding projects promising they will destroy new tokens as they return to the issuer as earnings.

Two prominent, China-based cryptocurrency businesses are undergoing contrasting fortunes; while Bitmain is facing flak for several inconsistencies in its investor deck and competition from mining rivals, the Bitcoin Mercantile Exchange just moved into the world's most expensive office.

Chinese regulators are moving to block more than 100 overseas crypto exchanges offering trading services to domestic investors.

The Division of Consumer and Business Education of the U.S. Federal Trade Commission published an article August 21 titled "How to avoid a Bitcoin blackmail scam."

With more Bitcoin ETF decisions on the horizon, cryptocurrency traders are adopting new methods to forecast upcoming rallies-including trader Jacob Canfield, who has developed a Bitcoin indicator that uses CNBC tweets to predict prices.

His startup, Kuvacash, was seeded with a grant for roughly $550,000 worth of the cryptocurrency from the Dash Treasury DAO, a pool of mining rewards that allows dash fans worldwide to submit proposals and vote on which ideas get funding.

The commissioner of Japan's financial regulator the Financial Services Agency said that the agency wants the cryptocurrency industry to "Grow under appropriate regulation," in an interview with Reuters August 22.

Below, CryptoSlate takes a closer look at why VeChain and Ontology have both gained over 50 percent this week.

A Norway-based crypto mining farm accused of making too much noise may have to suspend its operations due to regulatory problems.

WeChat, the Chinese messenger app owned by Tencent, has banned several blockchain and cryptocurrency media accounts.

The U.S. Securities and Exchange Commission has rejected a total of nine applications to list and trade various Bitcoin exchange-traded funds from three different applicants, according to a three separate orders published by the SEC today, August 22.

The South Korean National Assembly has kickstarted an "Extraordinary" meeting for discussing ICO regulation, cryptocurrency and blockchain frameworks, as well as other steps to support optimal growth of the digital assets sector, Business Korea reported.

Retail investors have long awaited a Bitcoin ETF to draw in an influx of new institutional capital.

UPDATE: The SEC has also disapproved two bitcoin ETFs from GraniteShares.