The Latest News about Cryptocurrency

The Bank of Montreal and Ontario Teachers' Pension Plan have tested a Canadian-dollar debt deal using blockchain, Bloomberg reports August 15.

The cryptocurrency market is flashing green Wednesday following a major downturn, with the total capitalization rising more than $11 billion on a 24-hour basis.

Built on Ethereum, AirSwap is one of the first decentralized exchanges to gain public adoption as a peer-to-peer value transfer network.

As much as 59 percent of U.K. companies have been affected by cryptojacking malware at some point.

Privately held insurance advisory American Association of Insurance Services has introduced its blockchain-based insurance database and reporting tool, according to an announcement video posted August 15.

Coinbase has acquired Distributed Systems, a San Francisco-based digital identity startup, the company announced Wednesday.

According to prominent venture capital investor Chris Burniske, the crypto market fell by nearly 80 percent in 2018 due to the lack of adoption of major digital assets.

Cryptocurrency investor Michael Terpin has sued the telecom giant AT&T, alleging that the company failed to protect his cell phone from a hacking incident that ultimately cost him $24 million.

An U.S. investor has filed a $224 million lawsuit against telecoms giant AT&T over alleged negligence that he claims caused him to lose $24 million in crypto, CNBC reports August 15.

The legal woes of biotech company-turned-crypto miner Riot Blockchain don't appear to be slowing down.

Brian Armstrong, chief executive of San Francisco-based Coinbase appears to be unfazed by the market's undisguised downturn, and has stated his cryptocurrency exchange was signing up 50,000 new members a day last year.

The American Association of Insurance Services is turning to the IBM Blockchain platform to support a new automated insurance reporting tool, the organization announced Wednesday.

California-based asset manager Reality Shares has become the latest competitor in the Bitcoin hedge fund space, an anonymous source told Business Insider August 15.

On Aug. 15, venture capital firm Pithia confirmed an investment deal with blockchain startup Lucidity.

Japanese social messaging app LINE announced the creation of a $10 million blockchain venture fund Wednesday, August 15, as part of its expansion into the cryptocurrency market.

Almost a third of U.K. businesses said they had been hit by cryptocurrency mining malware within the previous month, according to new research.

Several blockchain associations in South Korea are pushing back against a government plan they fear will stifle industry innovation.

Unveiled Aug. 10, the KuCoin ambassador program will allow crypto-industry experts to suggest new blockchain and cryptocurrency projects for listing on the exchange.

Bitcoin looks to have fought off a recent bear market breakdown that saw prices landing just above the yearly low of $5,755.

Y Combinator has just announced a new China division and its chief believes blockchain will bring long-term advantages to startups, according to a report.

The European Parliament's Committee on Economic and Monetary Affairs has called for the creation of strict regulations pertaining to initial coin offerings.

Prime Trust, a small U.S. financial institution that's played a behind-the-scenes role in several dollar-backed cryptocurrencies, is entering the hotly competitive crypto custody business.

West Indian fintech startup Bitt has entered a Memorandum of Understanding with Sint Maarten and the Central Bank of Curaçao to explore the possibilities and advantages of introducing a state-backed digital currency.

Japanese messaging giant LINE has launched a token venture fund with a capital commitment of $10 million via its recently established subsidiary called Unblock Ventures.

One of bitcoin's most famous developers, Greg Maxwell, even aroused quite a bit of interest when he proposed something called Taproot back in January.

Venezuelan President Nicolás Maduro has announced that the national oil-backed cryptocurrency, the Petro, will be used as a unit of account within the country, news outlet ABC International reported August 14.

The Jamaica Stock Exchange has selected Canadian fintech company Blockstation to facilitate the trading of digital currencies and tokens on the JSE, according to an August 14 press release.

Spearheading development to establish Jeju Island as a blockchain and cryptocurrency hub, Governor Won Hee-ryong issued a formal request to the Korean government, Aug. 14, to designate the island as a special economic zone for the burgeoning digital asset sector.

Cybercriminals earned more than $2.3 million from cryptocurrency scams during the second quarter of 2018, according to a new report from Kaspersky Lab.

Beverly Hills-based Playboy Enterprises is suing Canadian firm Global Blockchain Technologies, claiming that it failed to integrate blockchain technology into Playboy's online media channels, the Los Angeles Times reported August 14.