The Latest News about Cryptocurrency

Chinese police from multiple cities have arrested three individuals who allegedly stole bitcoins and other cryptocurrencies worth around $87 million.

Sa Wang has co-founded several successful companies in the tech and blockchain space, first at popular Chinese self-service kiosk startup Dora, and now at top 50 crypto project and blockchain protocol IOST. We hear a lot about women in the cryptocurrency and blockchain space.

According to a report on TrustNodes, mining revenue accounts for about 8.3 percent of Ethereum's market cap - which stands at $30 billion at the time of writing.

Shipping giant UPS has filed for a new patent that uses blockchain as part of a distributed system for sending packages worldwide.

In the past eight months, the valuation of the crypto market has declined by more than 76 percent, from $900 billion to $215 billion.

Joseph Lubin, the co-founder of Ethereum and ConsenSys, said in an interview this week that he doesn't believe that crypto market slumps prevent further growth.

August 19: The crypto market picture shows signs of recovery following last week's major market crash, but momentum has not yet rallied sufficiently to indicate a categorical reversal of the bear market.

In trading, there are similar barriers that limit the movement of price action known as support and resistance.

From longer approval processes to the threat they might lose access to the European market, it's safe to say U.K. blockchain startups are looking for contingency plans.

Despite falling prices of cryptocurrencies like Bitcoin and Ether, a few market analysts believe 2018's extended bear market is a mere price correction, and so-called Bitcoin "Obituary" reports are "Greatly exaggerated."

There has been a push, through the SEC, to try and get a Bitcoin ETF in place for some time now, starting with the Winklevoss twins' first attempt in March 2017.

Saturday, August 18: crypto markets have seen another slump today, with some coins wavering following weekly gains, according to data from Coinmarketcap.

An official from SoftBank has denied their involvement in the investment deal with Bitcoin mining behemoth Bitmain that was reported last week by both crypto and mainstream media sources.

Porn website Tube8 has revealed plans to create a blockchain-based platform for users to earn crypto tokens as they watch and interact with Tube8 videos, according to Hard Fork, August 17.

Digital asset exchange Coinbase continues to make strides in streamlining user access to cryptocurrency payments and trading, following an application for a direct bitcoin payments system patent, filed Aug. 14.Making Bitcoin Payments More Convenient and Secure.

As the Los Angeles Times reported on Aug. 14, Playboy - one of the pioneers in global erotica - is suing the Canadian firm Global Blockchain Technologies, claiming that it failed to integrate blockchain technology into Playboy's online media channels.

Amid a cryptocurrency market downturn, institutional investor interest continues to take rise.

Axoni, a New York-based enterprise provider of blockchain technology, has completed a $32 million Series B funding round.

The Bitcoin ETF has been one of the biggest stories of 2018 in the crypto space.

"Security tokens will save crypto."

The first project to use ethereum's ERC-721 standard, CryptoKitties has since been rolled out into a standalone company with backing from some of the industry's top investors, while NFTs themselves have become one of tech's hottest buzzwords.

The regulatory scrutiny over ICOs has led to the arrival of token "Airdrops," or free tokens in exchange for a few marketing efforts.

On Aug. 15, American investor Michael Terpin filed a $224 million lawsuit against AT&T. He believes that the telecoms giant had provided hackers with access to his phone number, which led to a major crypto heist.

Despite showing reluctance toward cryptocurrencies, the South Korean government revealed its intention to "Nurture" eight growing sectors of the domestic economy-including blockchain technology.

Ethereum co-founder Vitalik Buterin launched a "Tweet storm," Aug. 16, presumably to succinctly explain the Casper protocol to crypto-enthusiasts while dismissing rumors and misconceptions.

In another example of blockchain technology's prowess, the Union of European Football Associations revealed that it distributed 100 percent of the tickets for a recent football match solely using blockchain.

Tech giant IBM has applied for a blockchain patent for the development of transaction data identifiers based on nodes, according to a patent document published by the U.S. Patent and Trademarks Office Aug. 16.

Cryptocurrency- and blockchain-focused investment fund Pantera Capital is aggressively pursuing its belief in the burgeoning asset class as it seeks a mammoth $175 million in investments from institutional investors for its third crypto venture.

Thomas Zeeb, CEO of securities services at Switzerland's top stock exchange SIX, revealed that the firm is unlikely to launch crypto trading, Business Insider reported August 17.

SFOX, a San Francisco-based cryptocurrency prime broker, has successfully closed a $22.7 million funding round to build an institutional-grade asset management platform for the industry's largest investors.