Student Faces Charges for Stealing $5 Million in Crypto via “SIM Jacking”

Motherboard has reportedly obtained court documents pertaining to the arrest of Joel Ortiz, a 20-year-old from Boston, who is accused of stealing $5 million USD in bitcoin and other cryptocurrencies. Mr. Ortiz and his currently unidentified accomplices stole crypto from roughly 40 victims through a hacking technique known as “SIM jacking.” Also Read: Archaeologists Argue Micronesian […]

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In Its First Public Acquisition, Binance Buys Decentralized Trust Wallet

Leading crypto exchange Binance makes its first public acquisition, buying Ethereum and ERC20 mobile wallet Trust Wallet. Major crypto exchange Binance has made its first public acquisition, having bought Trust Wallet, according to an announcement July 31. Launched in 2017, U.S.-based Trust Wallet is an open source, anonymous, and decentralized wallet that supports Ethereum (ETH) […]

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Paul Krugman is Wrong Again

Paul Krugman, the famed economist who’s made a career out of being wrong about things, is wrong again. That in itself is no more surprising than the fact that his latest op-ed takes aim at his favorite bête noire – bitcoin. The surprising part is that Krugman has resorted to the same hackneyed arguments he […]

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Asset Management Firm Northern Trust to Start Crypto Custody Business

Chicago-based asset management firm Northern Trust Corp. is looking to begin a custody service for digital assets such as cryptocurrencies. Northern Trust Corp., a leading global asset management firm with $954 billion in total assets under management, is planning to start a custody service for digital assets, Bloomberg reported July 31. The company’s head of […]

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Why Tokenization Is Still a Chimera: Expert Take

Does the on-chain tokenization of real assets and private equities bring more advantages or more problems? In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption […]

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Market infrastructure provider CLS, nine financial institutions and IBM are collaborating on a proof-of-concept (PoC) for LedgerConnect, a distributed ledger technology (DLT) platform designed to enable banks, financial institutions, fintechs and software vendors to share and deploy applications and services hosted on a shared distributed ledger network. LedgerConnect, which will operate on a single, enterprise-grade […]

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75% of Millennials are More Likely to Date Someone Who is Into Bitcoin

A recently conducted study has reportedly found that 75% of millennials would be more likely to date someone who possesses knowledge about cryptocurrencies. The survey comes amid apparently increasing fascination with millenials’ views regarding cryptocurrencies. Also Read: Kim Kardashian Receives Her First Bitcoin Surveys Probe Millennials’ Views on Crypto An increasing number of companies have published […]

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Huobi Lists Verge (XVG), Price Increases: Getting the Ball Rolling

In a sea of sellers, a light has been cast on Verge (XVG). Huobi lists Verge, as announced Tuesday, causing the altcoin to increase nearly 5%. Here’s what we know. Huobi Lists Verge: Deposits Now, Trading Tomorrow! On July 31st, Huobi announced the listing of XVG as a trading pair. According to the post, deposits are currently […]

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More Than a Ledger: How Blockchains Will Democratize Wealth

To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate.” It represents a historical reversal of the movement toward an evermore centralized society. “The major problem is […]

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Behlendorf: Google Can Benefit From “High-Velocity Development on Fabric”

Google is the latest tech giant to offer blockchain technology to its customers. The company announced that it would be introducing open-source integrations for applications built with both Ethereum and Hyperledger later this year through its Google Cloud Product marketplace. Speaking with Bitcoin Magazine, executive director of Hyperledger Brian Behlendorf explains, “This decision follows a […]

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Fintech Firm Billon Partners With FIS to Explore Blockchain Tech Solutions

Billon and FIS have signed a Letter of Intent to explore blockchain integration for the global financial markets. UK fintech firm Billon has signed a letter of intent (LOI) with international financial services tech provider Fidelity National Information Services Inc. (FIS) to integrate blockchain tech solutions, according to a July 31 press release. Billon refers […]

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Thomson Reuters Partners With CryptoCompare to Track 50 Crypto Assets

Thomson Reuters will use CryptoCompare to track digital asset data on its Eikon platform. Canadian mass media and information company Thomson Reuters has announced a crypto asset data partnership with cryptocurrency tracking resource CryptoCompare, according to a July 31 press release. As the press release explains, CryptoCompare will now provide order book and trade data […]

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Major Swiss Online Bank Posts Soaring Profits After Offering Clients Crypto Investing

Switzerland-based online banking service provider Swissquote has seen a 44% surge in profits in the first half of 2018, an uplift imputed to the “crypto boom” earlier this year. Online banking service provider Swissquote has seen a 44 percent surge in profits in the first half of 2018, an uplift attributed to the “crypto boom” […]

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China: World’s Fourth Largest Bank by Assets Trials Blockchain Loans Backed by Land

One of China’s “Big Four” banks has piloted a blockchain loans network in the Guizhou province. The Agricultural Bank of China (ABC), the world’s fourth-largest bank by assets, has issued its first loan on blockchain, local news outlet Financial News reported July 31. State-owned ABC, which counts itself among China’s “Big Four” lenders, revealed it […]

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Litecoin Creator Charlie Lee to Advise HTC Crypto-Friendly Smartphone Development Team

Charlie Lee announced HTC’s new blockchain-compatible smartphone will have native support for Litecoin and Lightning Network, adding that he was joining the HTC Exodus development team as an advisor. Initially Lee tweeted the news on July 29 with HTC confirming the announcement Monday, saying the team was “honored” to get Litecoin creator onboard. Met the […]

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Australian Government Awards Grant to Blockchain Project for Sustainable Sugar

The Australian government has funded an initiative to ensure the provenance of sustainable sugar supplies using blockchain technology. The Australian government has granted A$2.25 million ($1.7 million) to the Sustainable Sugar Project, Foodnavigator-Asia reports July 30. The Sustainable Sugar Project, led by the Queensland Cane Growers Organization, will use blockchain technology to track the provenance […]

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Washington Utility Stops Accepting Applications for Crypto Mining

A Washington customer-owned utilities company has stopped accepting applications for electricity use for crypto mining and related blockchain operations. A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30. The Franklin Public Utility District commissioners (PUD) have approved a […]

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Indie Game Delisted From Steam Marketplace for Alleged Cryptojacking and Scams

The Steam platform has removed a game from its store for hijacking users’ computers to mine cryptocurrency. Valve Corporation has removed a game from its video game marketplace Steam that allegedly hijacked users’ computers to mine cryptocurrency, Motherboard reported July 30. The Steam game store has delisted Abstractism, an indie game accused of deceptive practices […]

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New Extradition Request Complicates Case of Bitcoin Fraud Suspect Alexander Vinnik

A Greek court has accepted a Russian request to extradite Alexander Vinnik, complicating his case as France and the U.S. also vie for his extradition. A Greek court has accepted a Russian request to extradite Bitcoin (BTC) fraud suspect Alexander Vinnik, complicating subsequent international litigation, the Associated Press reported July 30. A panel of senior […]

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Blockchain on Campus: Universities Finding Their Role as Researcher and Promoter

University blockchain research groups are increasing, and they promote crypto almost as much as they study it. The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com Blockchains and cryptocurrencies are still young. The ones in actual operation still have a range of teething problems and weaknesses, while they […]

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Archaeologists Argue Micronesian Stone Money Comprises Bitcoin Predecessor

Archaeologists are arguing that a pre-modern stone money used by Micronesian islanders resembles a precursor to bitcoin and distributed ledger technology. Also Read: Largest Cannabis Community Market in Israel to Accept Bitcoin Payments Archaeologists Highlight Similarities Between Micronesian Stone Money and Bitcoin Scott Fitzpatrick, an archaeologist at the University of Oregon in Eugene, has argued that […]

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Chamber of Digital Commerce Proposes Guidelines for ‘Responsible’ Crypto Market Growth

The Chamber of Digital Commerce Token Alliance has released a report proposing guidelines and principles for “responsible” crypto market growth. The Chamber of Digital Commerce Token Alliance has released a collaborative report of proposed guidelines for “responsible growth” of the cryptocurrency market, according to their July 30 press release. The Chamber of Digital Commerce is […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 30

With the debate over the importance of a Bitcoin ETF approval still raging on, how are the markets reacting? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making […]

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An Australian Blockchain Experiment: Tracking Global Almond Shipments

Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain. The Experiment Originating in […]

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Football Team in Gibraltar to Pay Its Players in Cryptocurrency

Gibraltar just scored a major unexpected goal in the great tournament to be known as the most Bitcoin-friendly jurisdiction in Europe. A local football team made international sports headlines for deciding to pay its players with cryptocurrency. Also Read: Banks Don’t Really Want to Use ‘Blockchain’ for FX Settlement After All Gibraltar United to Pay […]

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Smart Dubai and DIFC Courts Partner to Explore Blockchain-Powered Judiciary

The Dubai International Financial Centre Courts and Smart Dubai have partnered to develop a “Court of the Blockchain” that would harness the tech for the judiciary. The Dubai International Financial Centre (DIFC) Courts and Smart Dubai have announced their partnership to develop a “Court of the Blockchain,” for streamlining the legal system, local news outlet […]

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Chamber of Digital Commerce Sets Out ICO and Token Guidelines

The Chamber of Digital Commerce’s Token Alliance is producing a new group of guidelines built to help the cryptocurrency and initial coin offering (ICO) markets grow responsibly. Released today as a whitepaper, the report is entitled “Understanding Digital Tokens: Market Overviews & Guidelines for Policymakers & Practitioners.” The paper will specifically pertain to “utility tokens,” […]

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Novogratz’s Crypto Bank Galaxy Digital to Start Trading Aug. 1 on Canadian Exchange

Crypto-focused merchant bank, Galaxy Digital LP, is set to begin trading on Canada’s TSX Venture Exchange on August 1st. Mike Novogratz’s crypto-focused merchant bank, Galaxy Digital LP, is set to begin trading on Canada’s TSX Venture Exchange on August 1, Bloomberg reports July 30. The New-York headquartered firm will reportedly trade on the TSX Venture […]

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P2P Network to Stop Private Data Breaches and Censorship Via New Protocol, DApp Platform

sponsored A digital cooperative community aims to give users complete control over their personal information, eliminating censorship and obstruction by governments and large companies. A major cryptocurrency exchange says the world is on the brink of a data crisis, and is launching a digital cooperative designed to give users total control over their personal information. […]

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DSTOQ mobile app

DSTOQ, a licensed, decentralized stock exchange for trading security tokens, has come out of stealth mode and launched its minimum viable product (MVP), the company said on Monday. The first version of the DSTOQ platform, which allows users to invest in real-world assets including equity, bonds and gold using cryptocurrency, runs on the Stellar blockchain […]

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Fatfish Internet Group: Markets Could ‘Accept’ Bitcoin ETF Within ‘Couple Of Months’

Fatfish Internet Group’s CEO is confident in both Bitcoin’s price increase lasting and the potential for markets to open up to an ETF. Global markets will be “ready to accept” a Bitcoin (BTC) exchange-traded fund (ETF) in as soon as a “couple of months,” Fatfish Internet Group CEO Kin-Wai Lau told CNBC on July 29. […]

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Largest Movie Theater Chain in Thailand Going Crypto

Thailand’s largest movie theater chain, Major Cineplex, is reportedly integrating crypto payments to allow customers to pay for its services and products with cryptocurrency, including movie tickets and popcorn. Thailand recently began regulating crypto businesses. This week, the Thai Securities and Exchange Commission started accepting license applications from crypto operators. Also read: Yahoo! Japan Confirms Entrance […]

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Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners

In recent mining news, it has been alleged that the CEO of Vietnam-based Sky Mining has fled the country with $35 million USD in investor funds in his possession. Meanwhile, in the US, Tmgcore has acquired a 100-megawatt data center in Dallas, Texas, and local media have reported that Bitmain will open a mining facility […]

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Largest Cannabis Community Market in Israel to Accept Bitcoin Payments

Before it was turned into an investment asset, the invention of Bitcoin promised to usher in a world where anyone can pay for anything they like without a need for getting prior approval from the powers that be. The demand for uncensorable transactions still exists, and the latest example of this comes from Israel where […]

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Arrington XRP Capital Owns More BTC Than Ripple

During a recent interview with CNBC Crypto Trader’s Ran Neu-Ner, Michael Arrington of Arrington XRP Capital revealed that his fund owns more BTC than XRP, and discussed the company’s decision to denominate in XRP. Also Read: Huobi Informs Users on Decision to Launch P2P Trading in India Arrington XRP Capital’s Exposure to XRP is “3 – […]

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Total Market Cap See Slight Decline, Bitcoin Keeps Holding Its Position

Total market cap is slightly down, while nine out of the top ten coins by market cap show slight green. Sunday, July 29: crypto markets have seen diverging trends over a 24 hour period, with nine out of the ten top cryptocurrencies by market cap slightly in the green, according to Coinmarketcap. Market visualization from […]

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Flow and Cryptomkt Enable Crypto Payments at 5000+ Stores

Cryptocurrency exchange Cryptomkt has partnered with Chilean payment platform Flow to allow customers to pay with three cryptocurrencies at over 5,000 stores. The announcement follows two Chilean courts ruling that banks must reopen the accounts of crypto exchanges they previously closed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 5,000+ Stores Accept Cryptocurrencies Cryptocurrency […]

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Six Tools Used by Hackers to Steal Cryptocurrency: How to Protect Wallets

Every year, thousands of users become victims of hacking attacks by voluntarily sending fraudsters $200 millions of dollars in cryptocurrency. Why does this happen and what are the possible solutions? In the early July, it was reported that Bleeping Computer detected suspicious activity targeted at defrauding 2.3 million Bitcoin wallets, which they found to be […]

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Capitalise CEO and Co-Founder Shahar Rubin on Simplifying Trading Algorithms

If there is a single shared experience beginners and new traders have when entering the cryptocurrency world, it’s usually the overwhelming complexity of getting anything done. From buying their first bitcoin or conducting their first altcoin trade, newcomers are likely going to encounter several hazy areas. While the total market size of complex blockchain-based projects […]

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Binance Labs Announces Partnership With Libra Credit

Binance Labs, the investment wing of the leading cryptocurrency exchange, Binance, has announced that it has invested in Libra Credit – “a decentralized digital asset financial services platform.” The partnership will allow holders of Binance’s native token, Binance Coin (BNB), to use their BNB as collateral for loans in crypto or fiat currency. Also Read: Pantera […]

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FX Settlement Provider CLS Begins Final Testing for Blockchain Payment Banking Service

FX markets settlement provider CLS is expected to launch its blockchain-powered payment service for banks later this summer. Forex exchange (FX) settlement giant CLS is in the final stages of testing its blockchain payment service for banks, Financial News reported July 27. The service is reportedly set to be launched later this summer, with at […]

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The Weekly: Muskbots Blocked, US Candidate Accepts Bitcoin, Herd of Institutional Investors

In this week’s daily editions of Bitcoin in Brief, we reported about Twitter blocking ETH scambots mimicking Elon Musk, a US presidential candidate who accepts crypto donations, the expected arrival of a ‘herd of institutional investors’ and much more. The most commented-on article during the week covered the latest development of the ongoing legal battle […]

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Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange

A South Korean firm claimed to have found the wreck of a Russian warship sunk in 1905 with $130 billion worth of gold on board. The cruiser and its treasure are linked to a crypto exchange and token which the firm reportedly promised to distribute to anyone signing up with the exchange. As the country’s […]

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Rare: Bitcoin Mining Company Cleared of Wrongdoing by Regulator

The Securities Commissioner of South Carolina dismissed its previous order of nearly half a year ago against Genesis Mining. It’s rare, and some say this is a first for the state, as the Commissioner hasn’t previously withdrawn such an order. The company plans to resume services in the United States as a result. The case also […]

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Bitflyer Cracks Down on Market Manipulation – Coincheck Eyes August Relaunch

Japan’s largest crypto exchange, Bitflyer, may freeze accounts caught manipulating prices. Meanwhile, GMO Internet has released quarterly earnings for its crypto exchange subsidiary, currently looking to borrow some BTC from customers. In addition, Coincheck plans to reopen next month after it was hacked earlier this year. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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Libertarian Hotspot the Free Keene Project Bolsters More Crypto-Adoption

The Free Keene Project, a growing community of libertarians and cryptocurrency proponents, has announced the region now has a dentist, Indian restaurant, hair salon, and vape shop that accept cryptocurrencies. Also Read: Markets Update: Crypto-Prices See Some Recovery After the Dip The Free Keene Project Manages to Persuade a Slew of Mom-n-Pop Shops to Accept Cryptocurrencies […]

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The Story of How Bitcoin Was Compromised

Cryptocurrency is to money what the internet is to information. It is a powerful and potent technology, with the power to transform the world. It is an evolutionary tool in the sense that it is already propelling humanity forward. Crypto will help human beings abolish banks, governments, and other organizations with single points of failure. […]

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Deep Web Roundup: BCH Adoption Increases and Dread Rises

The specter of the deep web looms large over everything bitcoin does. You won’t hear it mentioned by VCs funding blockchain startups, or by options exchanges applying for bitcoin ETFs, but the darknet is the reason we’re all here. A periodic glance into the latest from the deep web provides an insight into the underbelly […]

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Report: 3 Million Brits Invested in Crypto via Exchanges, Few Sought Advice

According to a new study, about 3 million British investors have put money into crypto through online trading platforms and only 5 percent of them have been advised by professionals. The survey also found that 2.5 million Brits have casually invested in cryptocurrency without fully understanding it. Also read: Crowd Psychology Driving BTC Prices, Finance […]

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Pantera Capital Reports Lifetime Return of More Than 10,000%

Major cryptocurrency investment firm, Pantera Capital, has reported a lifetime return of more than 10,000% on its fund. The company has announced the impressive return in celebration of its five-year anniversary. Also Read: Markets Update: Crypto-Prices See Some Recovery After the Dip Pantera Reports Fund has Generated 10,000% Return Over 5 Years It has been reported […]

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New Gallup Poll Shows Only 2% of US Investors Own Bitcoin, But 26% Are ‘Intrigued’

New Gallup poll finds most U.S. investors will not be investing in the cryptocurrency any time soon, though there is still interest. The results of a Wells Fargo/Gallup poll published July 27 finds that only two percent of U.S. investors own Bitcoin, but 26 percent are intrigued by it. The online survey was conducted May […]

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Telegram Reveals Personal ID Verification Tool for Sharing Data with ‘Finance, ICOs’

The crypto industry’s go-to messenger app Telegram launches an encrypted personal identification tool, Telegram Passport. The crypto and blockchain industry’s go-to encrypted messenger app Telegram has released a personal identification authorization tool, according to an official statement published July 26. The tool, dubbed Telegram Passport, reportedly encrypts a user’s personal ID information and let’s users […]

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Remittance Firm Transfergo Launches Cryptocurrency Trading

In a recent interview, Daumantas Dvilinskas, the founder and chief executive officer of Transfergo, a U.K.-based remittance firm that processes 1 million transactions each year on average, discussed the company’s decision to launch a cryptocurrency trading facility. Also Read: Bitcoin Mining News: Brookstone to Build Wind Farm in Morocco, Québec Increases Rates Transfergo Launches Cryptocurrency Trading […]

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Markets Update: Crypto-Prices See Some Recovery After the Dip

Digital assets, this weekend, have recovered a touch after a temporary price dip that started roughly 48 hours ago but crypto-values have rebounded once again on July 27. This Saturday, all 1600+ digital currencies are seeing slight gains as the entire cryptocurrency market capitalization at the start of the weekend is around $297.9Bn USD, with […]

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The Daily: US Presidential Candidate Accepts Bitcoin, Kickico Hacked – $7.7M Stolen

US presidential candidate, Andrew Yang (D), has announced that his campaign for the 2020 election is now accepting cryptocurrency donations. Also in the Daily, Chinese social network, Tianya, is about to issue a native token, and the Kickico project has been hacked – resulting in the loss of $7.7 million USD worth of tokens due […]

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Bitcoin Mining News: Brookstone to Build Wind Farm in Morocco, Québec Increases Rates

In recent mining news, Brookstone Partners has announced its intention to build a 900-megawatt wind farm in Dakhla, Morocco, Hydro-Québec has been given permission to charge cryptocurrency miners increased rates, and DMG has begun installing its 85-megawatt substation in Canada. Also Read: Crowd Psychology Driving BTC Prices, Finance Experts Say Brookstone Partners Plans 900 MW Wind […]

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G20 Hears Out Multiple Crypto Reports in July, Waiting for FATF to Test Its Standards by October

July’s data collecting deadline for the G20 has come, and they were greeted with a host of information from a number of different committees and commissions. The G20, after it was called upon by France’s finance minister Bruno Le Maire to have a public debate about cryptocurrencies at the G20 Summit in Buenos Aires, made […]

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PR: Coinloan Opens Platform to Bridge Gap Between Lenders and Borrower

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. CoinLoan, an Estonia-based startup, has launched a crypto-to-fiat lending platform […]

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Nasdaq Holds a Closed-Door Meeting to Discuss Cryptocurrencies Legitimization

The road to shaking its history of shady transactions and fraud is proving long for cryptocurrencies, but Nasdaq Inc. thinks it can help get the industry on the path to legitimacy. As Bloomberg reports, Nasdaq hosted a closed-door meeting earlier this week in Chicago with representatives from about half a dozen companies, including traditional exchanges […]

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Giant Bitcoin Merchant Bank Posts Losses Over $130 Million

Galaxy Digital, one of the earliest and largest cryptocurrency merchant banks in the space, founded by billionaire Mike Novogratz, posted first quarter earnings. Published accounts suggest the firm has lost $134 million due to a combination of an extended bear market and the usual course of starting a large company. Many analysts wonder aloud what […]

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Research Finds Number of Crypto Funds has Exceeded 300

According to analytics firm Autonomous Next, the number of active crypto funds has reached 312 – a 24% increase from the end of 2017. Also Read: You Can Become a Citizen of Antigua and Barbuda for Less Than 13 BTC Number of Active Crypto Funds Reaches 312 The number of cryptocurrency funds has significantly expanded in […]

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US Gallup Poll Shows Only 2% of American Investors Own Bitcoin

According to a Wells Fargo Gallup Investor and Retirement Optimism Index poll, just 2 percent of Americans surveyed own bitcoin. The poll is based on US adults who have at least $10,000 or more invested in things like mutual funds, stocks, and bonds. The Gallup survey also reveals that 26 percent of the US residents […]

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Canada’s DMG Blockchain Starts Installing 85 MW Substation for Crypto Mining Expansion

DMG Blockchain has begun installing an 85 megawatt substation for a flagship crypto mining facility Canada-based DMG Blockchain Solutions has launched the installation of an 85-megawatt substation for crypto mining expansion, according to an official statement July 26. The DMG crypto mining operation will be implemented on an industrial scale with direct support from the […]

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Crowd Psychology Driving BTC Prices, Finance Experts Say

According to a survey conducted among finance professionals, ‘crowd psychology’ is the main factor determining the movements of bitcoin market prices. More than half of the polled experts shared this opinion. Many of the individuals surveyed also expressed concerns about the issue with crypto custody, saying that the way cryptocurrency is stored now prevents BTC from becoming […]

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US: Lawmaker Calls for More Action from Congress on Regulating Crypto

U.S. Congressman Bill Huizenga called for more action in Congress on regulating crypto and empowering financial authorities. Congressman Bill Huizenga has urged for the U.S. Congress to focus on crypto regulation in an interview with Bloomberg July 27. Huizenga wants to see more oversight in what he considers the “muddied and fairly opaque” initial coin […]

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Officials in South Africa Propose VAT-Exemption for Bitcoin Trades

Cryptocurrencies are becoming more prevalent to residents living in South Africa and over the past year bitcoin interest stemming from the region has grown exponentially. Furthermore, just recently the South African Treasury has proposed a few amendments that apply to the country’s Taxation Laws Amendment Bill (TLAB) and how cryptocurrencies are taxed. According to regional […]

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Lyn Ulbricht and the Effort to Free Ross: Looking at “the End of the Road”

The darknet site founded by Ross Ulbricht, Silk Road, has been offline for years now. But the legal questions behind his conviction and subsequent sentencing to life in prison without the possibility of parole in 2015, remain fresh, raw and real to Ulbricht’s advocates. Among the people most passionate in their belief that Ulbricht has […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 27

With the SEC rejecting one Bitcoin ETF application and postponing decision on another, we should closely monitor the markets’ reaction. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when […]

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Telegram Launches Passport Service for ICO Verification

Messaging service Telegram launched a new crypto-oriented feature on Thursday. Telegram Passport is a “unified authorization method for services that require personal identification”. KYC for ICOs in other words, which the Russian chat platform names as one of its intended use cases for Passport. Documents will be secured by end-to-end encryption, and Telegram has promised […]

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Google Bans Cryptocurrency Mining Apps From Play Store

In the Google’s latest move against virtual currencies, cryptocurrency mining apps have been banned from the Google Play Store. Despite the ban, Google has indicated that it will continue to permit mining apps that mine for cryptocurrency from outside of a device, such as cloud-based mining. Also Read: Exchanges Round-Up: CME Volume Doubles Q2, Lawyer Predicts […]

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Capital Goods Giant CNH Industrial Partners With IBM on Long-Term Blockchain Upgrade

Capital goods giant CNH Industrial will use IBM Blockchain products to update various internal processes. One of the world’s largest capital goods companies has agreed to a multiyear deal with IBM to implement blockchain technology, a press release confirmed July 26. UK-based CNH Industrial, which owns twelve international brands including Iveco and Case IH, will […]

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Canadian Cryptocurrency Miner to Install 85-Megawatt Power Substation

DMG Blockchain Solutions Inc., a diversified blockchain company, is in the process of installing an 85-megawatt transformer and electric substation for the company’s cryptocurrency mining facility, according to a company statement. The new substation is  commissioned to be operational by September 2018, with 60 megawatts available for energizing mining rigs. The Canadian company offers a range of […]

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BCH PLS: Lil Windex Earns 1 Million Views for “Bitcoin Ca$h” Video

Canadian rap artist Lil Windex has scored a legitimate, platinum hit with his track “Bitcoin Ca$h”. In only four months since its drop, the video has passed 1,000,000 views on Youtube alone – not counting downloads or streams. His accomplishment is particularly impressive because he managed to succeed in an extended crypto bear market.  Also […]

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SEC Commissioner Publishes Dissent Letter Disagreeing with the Agency’s Bitcoin ETF Rejection

A commissioner at the U.S. Securities and Exchange Commission (SEC) has published a letter of dissent that disagrees with the agency’s decision to reject a second attempt by the Winklevoss twins to launch the first-ever Bitcoin ETF. Yesterday it was announced that the SEC had denied an application from Cameron and Tyler Winklevoss, founders of […]

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Top 10 Crypto Deals in 2017 Returned Over 136,000% on Average, Report Shows

Research into the top ten crypto deals in 2017 based on their return on investment has revealed that on average each returned over 136,000%. Research into the top ten crypto deals in 2017 based on their investment returns (ROI) has revealed that on average each returned over 136,000 percent, according to data shared with Cointelegraph […]

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FINMA Launches Proceedings Against $100 Million ICO

Switzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), has announced that it has launched proceedings against initial coin offering (ICO) issuer, Envion AG. Also Read: Bolivar ‘Anchored’ to the Petro to Be Issued in August, Maduro Says FINMA Launches Proceeding Against $100 Million ICO A press release published by the Swiss Financial Market Supervisory […]

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Japanese Class Action Against Gambling Coin Claims $12m Damages

Withcoin, a virtual currency reportedly designed for casinos, and listed on the Hitbtc exchange around May, is accused of selling coins using a promotional video propagating alleged lies and misleading information. In April 2018, a video promoting Withcoin went viral on the internet, inviting investors to purchase in advance a coin that was going to […]

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Bitcoin Price Drops Under $8,000 as SEC Again Rejects Winklevoss Brothers Bitcoin ETF

The U.S. Securities and Exchange Commission for the second time disapproved a Bats BZX Exchange application to list the Winklevoss Bitcoin ETF, causing the bitcoin price to drop by more than 3.5% to below $8,000. The move comes more than a year after the SEC turned down a rule change request from the Bats BZX […]

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More Than 6% of Securities Lawsuits Filed in 2018 Related to ICOs

Cornerstone Research, an economic and financial consulting company, has published a report finding that more than 6% of the securities class action filings made in 2018 have related to initial coin offerings (ICOs) and cryptocurrencies. Also Read: Markets Update: BTC Gains 30% in Two Weeks, Alts Lose Correlation 6% of Securities Filings in 2018 Have Related […]

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Indian State of Telangana to Sign MoUs With Blockchain Firms, Streamline Gov’t Services

The Indian state of Telangana will sign MoUs with blockchain-focused firms to introduce DLT-powered government services. The Indian state of Telangana announced it will sign several memoranda of understanding (MoUs) with blockchain firms as to eventually implement the technology in state applications, local Indian news agency the Business Standard reports July 26. Telangana IT Secretary […]

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CME Will Not Introduce Altcoin Futures Anytime Soon, Says CEO

The CEO of the Chicago Mercantile Exchange will not introduce altcoin futures on the exchange in the near future. The Chicago Mercantile Exchange (CME) will not introduce futures on cryptocurrencies other than Bitcoin (BTC) in the near future, CME CEO Terry Duffy revealed in an interview with Bloomberg July 26.   In the interview, Duffy said […]

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BRICS Summit: Major Banks From Member States Sign MoU on DLT Research

Major banks from BRICS member states; Brazil, Russia, India, China, and South Africa, will study blockchain tech implementation. Five major banks from each BRICS member state signed a Memorandum of Understanding (MoU) on the development of distributed ledger technology (DLT), according to an official press release July 26. During the 10th International BRICS Summit in […]

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Winklevoss Bitcoin ETF Proposal Denied by U.S. SEC

The United States Securities and Exchange Commission (SEC) has rejected the Winklevosses’ latest attempt to list a bitcoin ETF. After having a proposal rejected last year, the Gemini exchange founders had hoped to secure their Winklevoss Bitcoin Trust on BATS Global Market’s BZX stock exchange with this latest attempt. But BZX’s June filing was curbed in […]

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Bitcoin Price Analysis: Sign of Strength Shows Continued Buyer Interest

At the time of this article, the news from the Winklevoss ETF being denied by the SEC is still fresh and it is unclear what impact it may have on the overall macro trend of the market. Prior to the ETF ruling, the bulls continued to show demand as the bitcoin market saw a strengthening […]

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South Carolina State Regulators Withdraw Enforcement Actions on Two Blockchain Startups

South Carolina securities regulators removed cease-and-desist orders against two blockchain startups, which were previously halted due to selling unregistered securities. The Securities Division of the Office of the Attorney General of South Carolina has removed cease-and-desist orders against two blockchain startups, according to public documents published July 26. Today’s order removed a cease-and-desist order filed […]

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Swiss Crypto Mining Firm Faces Enforcement Action for Potentially Unauthorized ICO

Swiss regulator FINMA has launched enforcement proceedings against crypto mining firm Envion AG for its potentially unauthorized token sale in Dec. 2017-Jan. 2018. The Swiss Financial Market Supervisory Authority (FINMA) has launched enforcement proceedings against crypto mining firm Envion AG over its potentially unauthorized token sale, according to a FINMA press release today, July 26. […]

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Major Crypto Assets See Solid Growth, Total Market Cap Holds Above $300 Billion

Crypto markets are seeing a healthy flush of green, with most of the top ten coins seeing solid growth between 1-7% over the 24-hour period. July 26: crypto markets are seeing a healthy flush of green, with most of major crypto assets seeing solid growth over the 24-hour period, as data from Coin360 shows. After […]

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Canada Central Bank: Bitcoin Safe From 51% Attack, Double Spending

Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW). Also read: Coinbase Flexes Muscle, Creates Political Action Committee […]

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Cache Is Aiming to Boost Blockchain Development for Global Mass Adoption

Blockchain development shouldn’t be rocket science. At the moment, though, the development of the technology is complicated and can be confusing, making it difficult to produce meaningful applications that will achieve mass adoption for end users. For Cache, a token and series of projects, it believes that it has the answer to this problem. As […]

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Bitcoin Unlimited Merges Graphene Block Propagation Technology

Over the past week, Bitcoin Cash (BCH) proponents have been discussing ideas like pre-consensus and faster block times. Now, on July 25, the Bitcoin Unlimited (BU) development team has announced merging a block propagation concept called ‘Graphene’ into the BU client. Graphene is a technology that is a fraction of the size of current methods […]

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South Korea’s Financial Watchdog Urges Lawmakers to Move Forward With Crypto Bill

South Korea’s Financial Services Commission has urged lawmakers to hasten their approval of the country’s first cryptocurrency bill, in light of recent exchange hacks. South Korean watchdog the Financial Services Commission (FSC) has urged lawmakers to hasten their approval of the country’s first cryptocurrency bill, Bloomberg reports July 26.    Hong Seong-ki, head of the […]

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Ethereum’s MetaMask Reflects On Temporary Chrome Delisting

The blockchain Dapp browser extension recently posted a retrospective about Wednesday’s events. [Read More …] Source: JUST BITCOIN NEWS

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Venezuela’s New Petro-Backed National Currency to Start Circulating in August

Venezuela’s president Nicolás Maduro announced that the country’s new national currency will be anchored to cryptocurrency Petro. The president of Venezuela Nicolás Maduro has announced that the country’s new cryptocurrency-backed national currency will start circulating August 20, local state news agency Telesur reported July 25. Telesur reports that the new currency, the Bolívar Soberano (Sovereign […]

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Japanese Crypto Exchanges Working on Lowering Margin Trading Limits

Japanese cryptocurrency exchanges may soon set a strict limit on the leverage they offer for margin trading in order to better protect investors. The association comprised of 16 government-approved crypto exchanges is reportedly imposing a leverage limit as part of its self-regulatory rules. There will be a grace period and exceptions. Also read: Yahoo! Japan Confirms […]

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Digital Asset Trading Platform Unveils Plan to Share Revenue With Users

sponsored An established digital asset trading platform is emphasizing the importance of “openness and co-governance” as it unveils its plans for growth. A digital asset trading platform says its “superior circulation capabilities” can help tokens thrive in the crypto world, through financial-level services that enable tokens to be issued more quickly. BitForex claims that many […]

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Major Chinese Social Network Tianya to Launch Native Cryptocurrency Token

Chinese social network Tianya has said it will distribute a blockchain-based token to some users and wants to “adhere to the spirit of blockchain consensus.” One of China’s top twenty-five websites, social network Tianya Club, announced it was releasing an internal blockchain-based token July 25. In a blog post, Tianya said its 90 bln Tianyan […]

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The Daily: Skrill Launches Crypto Trade, Luxury Market Reaches $100M Transactions

In today’s edition of Bitcoin in Brief we cover stories about Skrill launching crypto buying and selling, luxury marketplace The White Company reaching $100 million in transactions, Bitmex setting a trading record, and weak mining-related sales hurting AMD. Also Read: Bitmain Reveals the Total Hashrate of Its Mining Hardware Skrill Launches Crypto Trading Skrill, the […]

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How Blockchain Is Reshaping External Audit: Crypto Developments by PwC, KPMG, EY and Deloitte

How blockchain is reshaping external audits. The recent initiative of the world’s four largest auditing — Deloitte, Ernst & Young, KPMG and PwC — to join a pilot of 20 Taiwanese banks to test blockchain technology for fiscal audits, confirms how developments are expected in the work of external audit. Despite the auditors have been sometimes criticized […]

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PR: Propy – This California Property Was Sold On The Blockchain Without Using Banks

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. PALO ALTO, California — Propy, the global real estate store […]

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Binance Prepares to Enter the South Korean Market

Binance is preparing to expand into South Korea, having already hired Koreans for some local positions. CEO Changpeng Zhao has stressed the importance of the Korean market, noting that some Koreans are already using Binance, especially to trade newer coins. However, the exchange is reportedly waiting for the country’s crypto regulatory framework to be fine-tuned […]

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Non-Fungible Tokens, Explained

Many tokens are identical and shared with ease, but there’s a special class of one-of-a-kind tokens gaining popularity. Learn more about the non-fungible future. What does non-fungible mean? To fully appreciate what makes these tokens special, it’s worth taking a look at the difference between “fungible” and “non-fungible.” When something is fungible, in this case […]

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Altcoins Round-Up: Bitgo Adds ZEC, Wirex Supports XRP, PwC to Audit Tezos

In recent news pertaining to altcoins, Bitgo has announced the addition of Zcash to the roster of cryptocurrencies supported by the cryptocurrency custody firm; Wirex has enabled XRP support for its cryptocurrency debit card; and Tezos has commissioned PricewaterhouseCoopers (PwC) to audit the Tezos foundation’s finances and operations. Also Read: Bitmain Reveals the Total Hashrate of […]

Altcoins Round-Up: Bitgo Adds ZEC, Wirex Supports XRP, PwC to Audit Tezos was originally published on: https://www.justbitcoinnews.com

Altcoins Round-Up: Bitgo Adds ZEC, Wirex Supports XRP, PwC to Audit Tezos syndicated from https://www.justbitcoinnews.com/