Bitcoin Drifts Down as Price Breaks Below Key $7.8K Support

Bitcoin has broken the key support level at $7,800 as the bears take back full control of the market during an exhaustive sell-off.

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One Year Later, A Wave of Apps Is Emerging on Bitcoin Cash

Now a year old, bitcoin cash is carving out a unique niche for itself with new applications.

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Stellar Month: July's Top Performing Crypto Asset Saw 40% Gains

Stellar (XLM) was the best performing cryptocurrency amongst the 25 largest cryptocurrencies by market capitalization during the month of July.

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Ripple Partners With Madonna to Fundraise for Orphans in Malawi

Cryptocurrency payments startup Ripple is partnering with Madonna to raise funds for orphans in the African nation of Malawi.

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Korean Officials Probe Shipwreck ICO for Possible Fraud

Korean police are investigating a cryptocurrency startup claiming to be selling treasure from a sunken ship, the Korea Joongang Daily reported.

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US Lawmakers Seek Blockchain Solution in Fight Against Fungal Disease

A group of U.S. lawmakers has proposed the creation of a blockchain pilot as part of a wider effort to combat infectious fungal diseases.

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Ripple Taps Bill Clinton to Give Keynote at Upcoming Conference

Former U.S. President Bill Clinton will headline Ripple's Swell conference later this year, the cryptocurrency payments startup announced Tuesday.

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Binance Acquires Anonymous Mobile Wallet for Ethereum Tokens

Cryptocurrency exchange Binance has acquired the open-source and anonymous mobile ethereum wallet Trust Wallet, it was announced Tuesday. 

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Steam Yanks Game From Marketplace Over Crypto Mining Allegations

Video game marketplace Steam removed an alleged crypto miner from its platform Monday amid user complaints.

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Bitcoin Price Hits One-Week Low In Drop Below $8K

The price of bitcoin fell below $8,000 for the fourth time in seven days as the cryptocurrency's value sank to its lowest level since July 23rd.

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China's Government Censorship Agency Is Hiring a Crypto Expert

A high-level government media censor in China wants to hire a cryptographer with expertise in blockchain technology.

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Thomson Reuters Is Adding 50 Crypto Assets to Finance Data Feed

Thomson Reuters will soon track 50 crypto assets on one of its desktop finance feeds, thanks to a new deal with market data aggregator CryptoCompare.

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Bitcoin's Price Moves Below $8K as Bull Case Weakens

Bitcoin's price faces the risk of a deeper drop as an extended period of low volatility action has ended up making way for a downside move.

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National Football League Union Partners With Blockchain Startup

The National Football League Player's Association is partnering with a blockchain startup to help its athletes license products in return for tokens.

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Coinbase Taps Regulation Veteran for First-Ever Crypto Compliance Chief

Coinbase has announced the appointment of its first-ever chief compliance officer as it moves to become a licensed broker-dealer.

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Another US County Hits Pause on Crypto Mining Power Requests

Franklin, Washington State, is the latest U.S. county to have suspended new utility applications from crypto mining farms over spiking power demands.

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BBVA Can't Hold Cryptocurrency – And That's a Problem

The bank wants to use ethereum as a notary, but regulators discourage holding even the tiny bit of ether needed to put data on the public blockchain.

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Chinese Banking Giant Trials Blockchain to Issue Land-Backed Loans

One of the "Big Four" commercial banks in China has completed the issuance of a loan worth of $300,000 using a blockchain system. 

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Bitcoin's Second-Ever Developer Is Back (With a Big Vision for Crypto)

The first developer to code alongside Satoshi couldn't stay away from crypto for long. He's now helping to launch a new token.

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AlphaPoint Helps Launch XRP-Based Cryptocurrency Exchange

Cryptocurrency services firm AlphaPoint is powering a new decentralized exchange, the company announced Monday. 

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Gallup Poll: 75% of US Investors Think Bitcoin Is 'Very Risky'

Three-quarters of U.S. investors think bitcoin is too risky to invest in, a new poll by Gallup and Wells Fargo showed Monday.

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Novogratz's Galaxy Digital Will Start Trading on a Stock Exchange This Week

Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week.

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HTC Says Its Crypto-Friendly Smartphone Will Support Litecoin

Litecoin creator Charlie Lee revealed Monday he will serve as an advisor to HTC's Exodus, the blockchain-powered smartphone.

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Crypto Mining CEO Said to Disappear With $35 Million In Funds

Crypto mining firm Sky Mining's CEO Le Minh Tam has reportedly stolen $35 million from investors and fled to America.

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Dubai Plans to 'Disrupt' Its Own Legal System with Blockchain

Dubai is planning to develop what it calls a "Court of the Blockchain" as part of a wider push for smart government operations.

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Draper Dragon Backs $20 Million Raise for Alibaba Vets' Blockchain Startup

A public blockchain project founded by former members of Alibaba's blockchain arm has raised over $20 million in a combined token and equity sale.

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A Blueprint for Reforming the Crypto Token Market

The Token Alliance, a Chamber of Digital Commerce initiative, has laid out guidelines for how token sponsors and regulators can meet in the middle.

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Bitcoin's Price Needs Move Above $8,350 to Regain Bull Bias

Bitcoin bulls could make a strong comeback if prices find acceptance above the key resistance at $8,300.

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Blockstack's First Business App Wants to Help Employees Earn More Crypto

Misthos' new multi-signature bitcoin wallet for businesses aims to empower workers and democratize the setting of wages.

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Korean Government Seeks to Strip Tax Perks From Crypto Exchanges

Cryptocurrency exchanges in South Korea may soon lose eligibility for tax benefits currently granted to smaller companies and startups.

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IBM, Barclays and Citi Team Up to Launch Blockchain App Store for Banks

Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software giant IBM.

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Commonwealth Bank Claims Success in Global Trade Blockchain Trial

Commonwealth Bank of Australia has announced the completion of a cross-border shipment that was tracked with blockchain.

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Mount Sinai Hospital to Explore Blockchain Applications

The Medical School of the Mount Sinai hospital system announced it will explore the use of blockchain in healthcare on Tuesday.

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Bitcoin Core 0.16.2 Released

Bitcoin Core version 0.16.2 is now available for download. All users are encouraged to upgrade to this maintenance release that fixes several bugs and provides backports of new minor features, such as:

• The verifytxoutproof RPC is no longer vulnerable to a particular expensive attack against SPV proofs publicly disclosed in early June. The attack was considered unlikely given that much cheaper attacks of roughly equal effectiveness are well known. Similarly, the getblock RPC also now returns extra information that can be used to defeat this attack even if the requested block has been pruned. None of this mitigates the attack for actual SPV clients.

• The abandontransaction RPC has been fixed to abandon all descendant transactions, not just children. As before, you can call this RPC when you no longer want your wallet to re-broadcast an old unconfirmed transaction. Note that the RPC can not force miners or other nodes to forget about the transaction.

For a complete list of changes, please see the release notes. If have any questions, please stop by our IRC chatroom and we’ll do our best to help you.

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Bitcoin Core 0.16.2

Bitcoin Core installation binaries can be downloaded from bitcoincore.org and the source-code is available from the Bitcoin Core source repository.

Bitcoin Core version 0.16.2 is now available from:

https://bitcoincore.org/bin/bitcoin-core-0.16.2/

This is a new minor version release, with various bugfixes as well as updated translations.

Please report bugs using the issue tracker at GitHub:

https://github.com/bitcoin/bitcoin/issues

To receive security and update notifications, please subscribe to:

https://bitcoincore.org/en/list/announcements/join/

How to Upgrade

If you are running an older version, shut it down. Wait until it has completely shut down (which might take a few minutes for older versions), then run the installer (on Windows) or just copy over /Applications/Bitcoin-Qt (on Mac) or bitcoind/bitcoin-qt (on Linux).

The first time you run version 0.15.0 or newer, your chainstate database will be converted to a new format, which will take anywhere from a few minutes to half an hour, depending on the speed of your machine.

Note that the block database format also changed in version 0.8.0 and there is no automatic upgrade code from before version 0.8 to version 0.15.0 or higher. Upgrading directly from 0.7.x and earlier without re-downloading the blockchain is not supported. However, as usual, old wallet versions are still supported.

Downgrading warning

Wallets created in 0.16 and later are not compatible with versions prior to 0.16 and will not work if you try to use newly created wallets in older versions. Existing wallets that were created with older versions are not affected by this.

Compatibility

Bitcoin Core is extensively tested on multiple operating systems using the Linux kernel, macOS 10.8+, and Windows Vista and later. Windows XP is not supported.

Bitcoin Core should also work on most other Unix-like systems but is not frequently tested on them.

0.16.2 change log

Wallet

• #13622 c04a4a5 Remove mapRequest tracking that just effects Qt display. (TheBlueMatt)
• #12905 cfc6f74 [rpcwallet] Clamp walletpassphrase value at 100M seconds (sdaftuar)
• #13437 ed82e71 wallet: Erase wtxOrderd wtx pointer on removeprunedfunds (MarcoFalke)

RPC and other APIs

• #13451 cbd2f70 rpc: expose CBlockIndex::nTx in getblock(header) (instagibbs)
• #13507 f7401c8 RPC: Fix parameter count check for importpubkey (kristapsk)
• #13452 6b9dc8c rpc: have verifytxoutproof check the number of txns in proof structure (instagibbs)
• #12837 bf1f150 rpc: fix type mistmatch in listreceivedbyaddress (joemphilips)
• #12743 657dfc5 Fix csBestBlock/cvBlockChange waiting in rpc/mining (sipa)

GUI

• #12432 f78e7f6 [qt] send: Clear All also resets coin control options (Sjors)
• #12617 21dd512 gui: Show messages as text not html (laanwj)
• #12793 cf6feb7 qt: Avoid reseting on resetguisettigs=0 (MarcoFalke)

Build system

• #13544 9fd3e00 depends: Update Qt download url (fanquake)
• #12573 88d1a64 Fix compilation when compiler do not support __builtin_clz* (532479301)

Tests and QA

• #13061 170b309 Make tests pass after 2020 (bmwiedemann)
• #13192 79c4fff [tests] Fixed intermittent failure in p2p_sendheaders.py (lmanners)
• #13300 d9c5630 qa: Initialize lockstack to prevent null pointer deref (MarcoFalke)
• #13545 e15e3a9 tests: Fix test case streams_serializedata_xor Remove Boost dependency. (practicalswift)
• #13304 cbdabef qa: Fix wallet_listreceivedby race (MarcoFalke)

Miscellaneous

• #12887 2291774 Add newlines to end of log messages (jnewbery)
• #12859 18b0c69 Bugfix: Include <memory> for std::unique_ptr (luke-jr)
• #13131 ce8aa54 Add Windows shutdown handler (ken2812221)
• #13652 20461fc rpc: Fix that CWallet::AbandonTransaction would leave the grandchildren, etc. active (Empact)

Credits

Thanks to everyone who directly contributed to this release:

• 532479301
• Ben Woosley
• Bernhard M. Wiedemann
• Chun Kuan Lee
• Cory Fields
• fanquake
• Gregory Sanders
• joemphilips
• John Newbery
• Kristaps Kaupe
• lmanners
• Luke Dashjr
• MarcoFalke
• Matt Corallo
• Pieter Wuille
• practicalswift
• Sjors Provoost
• Suhas Daftuar
• Wladimir J. van der Laan

And to those that reported security issues:

• Braydon Fuller
• Himanshu Mehta

As well as everyone that helped translating on Transifex.

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A Small Crypto Coin Is Making Big Claims About a Private Proof-of-Stake

Even though it's yet to gain much notoriety, token project Spectre is innovating in a trending area – private staking for proof-of-stake blockchains.

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A Solution to China's Pharma Woes Might Be a Blockchain Away

Could blockchain help China avoid its next vaccine scandal – or at the very least, allow for more conversation about such issues?

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Rejection Aside, Calls for a Bitcoin ETF Are Only Escalating

Despite the rejection of a bid for a bitcoin ETF, the crypto market remains confident other proposals will persevere.

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Monero-Style Privacy Is Ready for Ethereum – Who Will Implement It?

A new white paper contends that monero-style privacy can be implemented on ethereum without much work.

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10,000%: Pantera Reports Massive 5-Year Crypto Investment Return

Pantera Capital announced it had seen a lifetime return of more than 10,000 percent in its first five years.

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What Volatility? How Facebook's Historic Loss Became Crypto's Gain

Facebook had a bad day in the market this week – and the crypto community quickly pounced.

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Ethereum Is Testing Code for Its Next Hard Fork

Ethereum developers are already implementing code that's set to be activated in Constantinople, the network's next system-wide upgrade.

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ICO Platform Promises Full Refund Following $7 Million Hack

Initial coin offering support platform KickICO lost $7.7 million in KICK tokens in a hack on Thursday, the company reported. 

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New Crypto Mining Malware Targeting Corporate Networks, Says Kaspersky

Researchers at Kaspersky Lab have uncovered a new form of cryptojacking malware targeting corporations in multiple countries.

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Google Bans Crypto Mining Apps from Play Store

Google has now joined Apple in banning cryptocurrency mining applications from its mobile app store. 

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Crypto Wallet to Replace Private Keys With Encrypted QR Codes

Decentralized crypto wallet SafeWallet is launching a new QR code-based user identification system to replace mnemonic phrases and private keys.

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Why Blockchain Is Becoming the 'New Normal' In Enterprise

Markets are decentralized, so they need decentralized software. After years of discussion and planning, blockchain is delivering, writes R3's CTO.

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Bitcoin Retains Bull Bias Despite Price Drop to Below $8K

The bitcoin charts retain a bullish bias today, despite a pullback in prices to a three-day low of $7,848.

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Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper

Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada's central bank. 

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There's a Bigger Scam Than Anything in Crypto, It's Called KYC/AML

Anti-money-laundering and know-your-customer practices have cost many billions more than all ICO scams put together – yet, what they have produced?

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$1 Billion Chinese Blockchain Fund Denies Report of Government Pull-Out

A major Chinese blockchain fund launched in April has denied a report that the local government will withdraw its financial support.

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No, Crypto Isn't Just for Libertarians Anymore

The crypto community is more ideologically diverse than you might think, according to survey results in CoinDesk's Q2 2018 State of Blockchain report.

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Accenture May Use Blockchain to Track the Quality of Shipments

Professional consulting giant Accenture Global Solutions may be considering using blockchain technology to streamline shipping logistics.

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Winklevoss Brothers Bitcoin ETF Rejected By SEC for Second Time

The U.S. Securities and Exchange Commission (SEC) has once again rejected an effort by investors Cameron and Tyler Winklevoss to list a bitcoin ETF.

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South Carolina Ends Cease & Desist Orders Against Crypto Startups

South Carolina's securities regulator has ended cease-and-desist orders against two blockchain startups, public documents revealed Thursday.

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Google Yanked MetaMask From the Chrome Store, Left a Phishing Scam Up

Scams are an epidemic in the crypto space, and clumsy actions by big tech companies can open up the opportunities, as MetaMask learned recently.

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Court Sentences Bitcoin Ransomware Creators to Community Service

The developers behind the CoinVault and BitCryptor ransomware were sentenced to 240 hours of community service in a Dutch court on Thursday.

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Crypto Bank Galaxy Digital Loses $134 Million in Q1

Crypto investment bank Galaxy Digital lost $134 million in the first quarter of 2018, largely due to declining cryptocurrency prices.

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BRICS Bank Consortium to Research Blockchain Applications

BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.

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Korean Regulator Urges Haste on Crypto Bill After Exchange Hacks

An executive at the Financial Services Commission has called on politicians to pass a bill regulating cryptocurrency exchanges "as soon as possible."

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Vietnam's Securities Regulator Warns Industry to Avoid Crypto Activities

Vietnam's securities regulator has warned industry companies and funds in the country to avoid activities related to cryptocurrencies.

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Swiss Markets Authority Investigates Troubled $100 Million ICO

Swiss watchdog FINMA announced Thursday that it is investigating Envion AG for potentially breaking financial market rules with its ICO.

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Vaccine Blockchain Plan Prompts Enquiries Amid China Pharma Scandal

Following China's pharma scandal, investors are buying into a firm's claim to be developing a vaccine-tracking blockchain, but not everyone is happy.

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Bitcoin's Cutting-Edge 'Coin Selection' Tech Gets First Major Integration

BitGo is taking advantage of a long-promised scaling tech that should see user's transaction fees slashed by up to one-third.

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Venezuela's New National Currency Will Be Tied to the Petro, Says President

Venezuela is replacing its national currency, the bolivar, with a new one that will reportedly be tied to its controversial "petro" token.

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Up 45%: Is Bitcoin's Price Preparing for a Long-Term Bull Market?

Bitcoin's price has rallied 45 percent in the last four weeks, setting the stage for a long-term bull market, according to technical charts.

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Iran Plans National Cryptocurrency as New US Sanctions Loom

Iran may soon issue its own cryptocurrency in a move aimed to bypass economic sanctions enacted by U.S. President Donald Trump.

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Reflections on a Swatting: Inside One Bitcoin Engineer's Security Battle

Bitcoin developer and Casa wallet engineer Jameson Lopp recounts his 2017 swatting, and his fight to find his harasser.

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Hitachi Trials Blockchain to Settle Retail Payments Using Just Fingerprints

Tech conglomerate Hitachi and teleco giant KDDI are piloting a blockchain payments system that can identify shoppers via their fingerprints alone.

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Decentralized Exchange Waves Scored a $6 Million Debut. Then It Got Hacked

This booming crypto platform could hardly be described as institutional, but it isn't fully decentralized either.

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AMD Sees Q2 Drop in GPU Sales to Crypto Miners

GPU sales for cryptocurrency mining fell quarter-over-quarter, AMD announced in its Q2 report on Wednesday.

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US Lawmakers Want FinCEN Mandate to Explicitly Cover Crypto

A new bill facing the U.S. Congress would have FinCEN more closely examine the cryptocurrency space, according to public documents.

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Rogue Employee Mined 500K Bitcoins in 2011, Qiwi CEO Says

An employee at Qiwi reportedly mined roughly 500,000 bitcoins in 2011 by hijacking the company's payment terminals, CEO Sergey Solonin said Wednesday.

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CFTC Chair Says Regulator Is 'Behind' on Blockchain

The U.S. Commodity Futures Trading Commission is "falling behind" in understanding blockchain technology, chairman Christopher Giancarlo said.

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Bitcoin Price Awaits Possible Spoiler Ahead of July Futures Close

Bitcoin has historically performed poorly leading up to CME futures expiry, a correlation traders might not want to ignore.

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Uber, E*Trade Vets to Launch No-Fee Crypto Exchange

A new cryptocurrency exchange is set to launch with no-feed trading – and it's got some notable backers behind it.

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Tron Foundation Officially Completes Acquisition of BitTorrent

File sharing software provider BitTorrent announced Tuesday that its acquisition by the Tron Foundation is now officially complete.

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China's Answer to Reddit Is Launching a Crypto Token

One of the oldest social networking platforms in China is launching its own crypto token in an apparent bid to boost declining user activity.

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Crypto Security Startup BitGo to Custody Zcash

Cryptocurrency security startup BitGo says it is adding privacy coin zcash to its supported crypto assets.

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Bitcoin Seeks Bargain Buyers As Price Retreats Back Toward $8K

Bitcoin price pullback could find bargain hunters at key support levels.

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CoinDesk Releases Q2 2018 State of Blockchain Report

To use crypto parlance, Q2 was a painful time if you were HODLing – but a productive one if you were BUIDLing, our quarterly research report shows.

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The First Augur Assassination Markets Have Arrived

People are now placing bets on whether public figures will be assassinated on decentralized prediction market Augur.

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Coinbase Launches Crypto Gift Card Service in Europe

Coinbase now offers a way for users to purchase retail goods and services with cryptos, thanks to a deal with a digital gift card service in Europe.

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Japanese Crypto Exchanges Push for Limit on Margin Trading Borrowing

A self-regulatory organization formed by crypto exchanges in Japan is proposing a limit on how much investors can borrow when margin trading

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What Scams? Ethereum's Vision for Apps Is Only Growing Bolder

Popular Ponzi dapps aside, for ethereum developers, there's plenty of work being done to make legit dapps an integral part of web 3.0.

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Singapore Airlines' Blockchain-Based Loyalty Program Takes Off

Singapore Airlines has officially launched its blockchain-based loyalty program for frequent customers.

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Tezos Hires 'Big Four' Firm PwC to Conduct External Audit

"Big Four" financial firm PriceWaterHouse Coopers Switzerland will audit the Tezos Foundation, the latter announced Monday.

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Investment Startup Bitwise Proposes ETF for Top 10 Cryptos

Crypto investment startup Bitwise announced it filed to offer a cryptocurrency exchange-traded fund (ETF) Tuesday. 

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BlockFi Raises $52.5 Million in Round Lead by Novogratz's Galaxy Digital

Crypto-lending firm BlockFi raised $52.5 million in a fundraising round led by Mike Novogratz's Galaxy Digital.

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Ripple Report: XRP Sales Dropped 54% in Q2, But Customer Base Grew

Ripple's sales of the XRP cryptocurrency fell 54 percent to $75.53 million in Q2, but the firm gained more customers, its latest report says.

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Bitcoin's Price Is Nearing $10K On a Single, Troubled Exchange

Crypto exchange WEX continues to see prices well out of step with the rest of the market amid the continuation of a near-total freeze on withdrawals.

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Hubble Researcher Focuses on Blockchain for Space Data Processing

A Hubble Space Telescope researcher is testing a blockchain network for processing the vast amounts of data produced.

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SEC Delays Decision on Asset Manager's Bitcoin ETFs Until September

The SEC has delayed a decision on whether to approve five bitcoin-related ETFs, public documents reveal.

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Meet Honeyminer: The App That Lets You Earn Bitcoin With a Laptop Again

Honeyminer's downloadable app isn't the most profitable way to mine cryptocurrency, but it may be one of the easiest methods to date.

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South Korean Telecoms Giant KT Has Built Its Own Blockchain

The second largest mobile carrier in South Korea has launched its own blockchain network and aims to apply the tech across several sectors.

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Indicator Suggests Bitcoin's $8K Rally Is Overstretched

Bitcoin bulls could have a breather after 40 percent month-on-month rally.

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Another $1 Billion Blockchain Fund to Launch With Government Backing

The Chinese city of Nanjing is launching a fund worth over $1 billion to support development of blockchain projects.

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Scam or Be Scammed? Ponzi Games Are Breaking Out on Ethereum

Two dapps on ethereum that bear all the hallmarks of Ponzi schemes are the most popular games on the site now.

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Bitcoin Price Climbs Back Above $8k to Reach 60-Day High

Bitcoin's price jumped by $200 within two hours on Wednesday and passed $8,000 for the first time in two months, data shows.

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A New Bitcoin Wallet Fulfills an Old Privacy Promise

These cypherpunk crypto wallet projects want to bring fungibility to bitcoin.

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UK Central Bank Says New Payments System Will Be Blockchain Friendly

The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms.

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Crypto Stock Exchange Operator Pleads Guilty to Fraud

Jon Montroll, who ran the now-defunct bitcoin investment platform BitFunder, has plead guilty to securities fraud and obstruction of justice charges.

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US Chamber of Commerce Calls for Clarity on ICOs

The U.S. Chamber of Commerce urged the SEC and CFTC to provide clear guidance on initial coin offerings to encourage more token sales to launch.

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Crypto Really (Really) Wants a Bitcoin ETF

The crypto universe has spoken. They want an SEC-approved bitcoin ETF and they want it now.

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Wanchain's Bridge to the Ethereum Blockchain Is Now Open

Wanchain announced the release of version 2.0 Monday, allowing for cross-chain transactions between its platform and ethereum.

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Decentralized Exchanges Aren't Living Up to Their Name – And Data Proves It

"DEX" is a hot buzzword in crypto trading, but the current models actually offer a spectrum of technologies with varying degrees of centralization.

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Google Cloud Inks Deal With Blythe Masters' Blockchain Startup

Google Cloud is teaming up with distributed ledger startup Digital Asset to provide development tools for blockchain apps.

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Pharma Scandal Prompts Calls to Put Vaccine Data on a Blockchain

Blockchain technology could help track vaccine data and help avoid safety scandals like the one currently causing uproar in China.

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Chinese Region to Shut Down 'Illegal' Bitcoin Miners By September

China's Xinjiang autonomous region is set to halt "illegal" bitcoin mining operations by the end of August, a government agency has confirmed. 

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Bitcoin Price Hits Two-Month High as Dominance Rate Spikes

Bitcoin's rally to two-month highs has more substance than initially thought, the BTC dominance rate indicates.

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Lufthansa, SAP Competition Seeks Ideas for Blockchain in Aviation

Lufthansa has partnered with software giant SAP to launch a blockchain competition seeking ideas for blockchain applications in the airline industry.

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Don't Let the Crypto Circus in Congress Fool You

Washington understands cryptocurrency better than this week's circus on Capitol Hill suggests, writes Michael J. Casey.

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G20 Eyes October Deadline for Crypto Anti-Money Laundering Standard

G20 member countries are looking at an October deadline for reviewing and implementing a global AML standard on cryptocurrency assets.

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An $8 Million ICO Ran Out of Tokens. What's Next Is Anyone's Guess

What can a blockchain startup do when it runs out of its own tokens? According to U Network, buy back tokens from its ICO investors.

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Bitcoin's Price Sets Sights on $8K After Sunday Sell-off

Bitcoin continues to hold ground amid market sell-off with growing momentum to take out its next target of $8,000.

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Mastercard Had An Outage, So Crypto Had a Field Day

Mastercard suffered an outage last week that led to a hold-up for some transactions – and crypto supporters on social media quickly pounced.

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Crypto Trading 101: Stochastic Oscillators and Price Momentum

A leading indicator, the stochastic oscillator can help inform traders of when to enter or exit a market – even in the volatile world of crypto.

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China's Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad

Bitcoin is flowing out of China, into California mansions – and changing global real estate patterns.

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Crypto Trading 101: Bull and Bear Flags (And What They Mean for Price)

When it comes to making big money in trading, the trend is your friend. But spotting the trend early is challenging. That's where flags can help.

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Crypto Exchange Coinbase Forms Political Action Committee

Coinbase formed a Political Action Committee, though it is unclear which candidates it plans to support at this time.

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Who's In Control of Tezos? That Answer Is About to Change

Get ready for a frenzy of community baking.

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Malta Says Crypto Rules Aren't Yet In Force

The latest crypto laws passed on the island of Malta haven't quite taken effect just yet.

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Huobi Launches Service to Build Crypto Exchanges in the Cloud

Crypto exchange Huobi is now offering a business arm to help customers build their own digital asset exchanges.

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CoinMarketCap Announces Changes to Counter Fake Volume Concerns

CoinMarketCap explained the difficulties in offering volume data on Thursday, but added it would incorporate new features to reduce this.

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$8K In Reach? 4 Barriers Await Emboldened Bitcoin Bulls

A break could be imminent as bitcoin has been consolidating for three days. But while the charts say bullish, plenty of resistance awaits.

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India's Supreme Court Pushes Crypto Banking Ban Hearing to September

A Supreme Court decision on the Reserve Bank of India's efforts to bar crypto firms from receiving banking services has been pushed to September.

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South Korea's Finance Watchdog Is Forming a Crypto Division

South Korea's Financial Services Commission has revealed it is setting up a department dedicated largely to cryptocurrencies and blockchain.

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TSMC Says Crypto Mining Demand Will Fall in Q3

Semiconductor manufacturing giant TSMC said Thursday that it expects demand for cryptocurrency mining-related products to cool.

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BitFunder Operator 'Close to' Plea Bargain in SEC Fraud Case

The operator of defunct bitcoin investment platform BitFunder is negotiating a plea deal over criminal charges laid against him by the SEC.

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Bitcoin's Biggest Startups Are Backing a New Effort to Keep Fees Low

A project called Bitcoin OpTech is launching to ensure companies like Coinbase and Square know the best technologies out there to reduce user fees.

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Police Force Confiscates 295 Bitcoins from Criminal in UK First

A British county police force has become the first in the country to have successfully seized and sold bitcoins obtained in a criminal case.

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Financial Exchange Patent Explores Tamper-Proof Blockchain Bidding

A state-backed financial asset exchange in China is exploring how to build a secure blockchain-based system for online auctions.

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The 'Dark DAO' Threat: Vote Vulnerability Could Undermine Crypto Elections

According to researchers at Cornell, blockchains utilizing on-chain voting – such as EOS and Tezos – are vulnerable to certain vote buying attacks.

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UK Begins Research on Law Reform for Use of Blockchain Smart Contracts

The U.K. Law Commission has launched research looking at reforms that would clarify the use of blockchain-based smart contracts under British law.

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A Japanese Telecom Giant Wants to Use Blockchain to Store Contracts

Nippon Telegraph and Telephone is looking to invent a new contract agreements system based on blockchain technology.

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Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative

A blockchain startup has raised $8 million in a seed funding round with a mission to develop a protocol to serve the unbanked.

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Congressman's Call for Crypto Ban Sparks Social Uproar

In the span of a few hours, it became Crypto Twitter vs U.S. Representative Brad Sherman.

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Barclays Seeks Twin Blockchain Patents for Banking Services

Barclays Bank proposed using blockchain to make various banking processes more efficient in a pair of patent applications.

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It Took Just A Day for Tron's Founder to Win His Own Blockchain's Election

After announcing his candidacy just one day ago, Tron founder Justin Sun has already been elected to run a node in the network.

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Malta Stock Exchange Inks Deals to Build Security Token Exchanges

A new arm of the Malta Stock Exchange is partnering with Neufund to launch a stock exchange for tokenized securities and crypto assets.

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Ethereum Scaling Solution Raiden Releases Last Testnet Before Launch

The team behind the Raiden, which creates payment channels to help ethereum scale, has launched the final testnet before the tech goes live.

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Report: Blockchain Spending to Hit Nearly $12 Billion By 2022

Spending on blockchain solutions is forecasted to increase annually at a growth rate of close to 75 percent through 2022, according to a new report.

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Ex-Trump Advisor Steve Bannon Is Making a Cryptocurrency

Steve Bannon, former chief strategist to President Donald Trump, confirmed Wednesday that he is working on a cryptocurrency of his own.

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US Consumer Finance Watchdog Opens Regulatory Sandbox to Blockchain

The CFPB is launching a regulatory sandbox to encourage innovation in new tech such as blockchain, acting head Mick Mulvaney announced Wednesday.

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Ethereum's Most Heated Tech Debate Is Proving It's Far From Over

A resurgence of debate surrounding fund recovery on the ethereum network shows the topic is still as divisive as ever.

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Vietnam Inches Closer to Suspending Imports of Cryptocurrency Miners

The country's central bank has agreed to a proposed suspension of cryptocurrency miner imports, a local new source reported on Thursday.

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Bitcoin Price Prepares to Test $8K After Bull Breather

Bitcoin's price pullback is seen yielding a more sustainable rally to $8,000, according to technical studies.

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All 'Big Four' Auditors to Trial Blockchain Platform for Financial Reporting

The world's four biggest auditing firms will join 20 banks to trial a blockchain service for validating public companies' financial reports.

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Stablecoins Will Do More Than Just Reduce Crypto Price Volatility

Stablecoins will play an important role bridging traditional markets with the programmable financial tools enabled by crypto, argues Abra's CEO.

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Government-Backed Blockchain Trade Platform Launches in Singapore

A digital services firm owned by a Singapore government agency and a major port operator has launched a blockchain platform for cross-border trade.

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These Digital Monsters Live on Ethereum, But They'll Fight on Zilliqa

A popular decentralized game couldn't take ethereum's slow, costly transactions. But it's not leaving the chain behind entirely.

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$20K in Crypto: The First Bets on Prediction Market Augur Just Paid Out

A week after going live, the crypto-powered prediction market platform Augur is proving that it really works in the wild.

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Billionaire Marc Lasry Sees Bitcoin's Price Reaching $40,000

Billionaire investor and fund manager Marc Lasry said the price of bitcoin has the potential to reach $40,000.

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Pop Icon Peter Gabriel Has Invested in a Blockchain Startup

Legendary musician and former Genesis lead singer Peter Gabriel has invested in blockchain startup Provenance.

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Bitcoin Trading Volume Is Up 100% From Its Recent Low

Bulls are back with a vengeance as shown by a 100 percent increase in trading volume from just four days ago.

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US Congressman Calls for Ban on Crypto Buying and Mining

A U.S. congressman called for banning all U.S. residents from buying or mining cryptocurrencies during a hearing Wednesday.

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Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering

The Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.

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CFTC Official to Congress: Don't Be 'Hasty' With Crypto Rules

LabCFTC director Daniel Gorfine advocated for thoughtful regulation of the cryptocurrency space in Congressional testimony Wednesday.

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Mining Malware Now a Bigger Threat than Ransomware, Says Report

Illicit crypto-miners and ransomware have swapped places in popularity among cybercriminals, says a security firm.

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Ethereum Client Parity Drops Wallet Tech in Major Upgrade

Parity, the ethereum software client, has announced some major changes, including the stripping away of its graphical user interface (GUI).

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Baidu's Blockchain Photo App Launches With Its Own Token

Chinese internet search giant Baidu has created a proprietary token to power its new blockchain-based photo validating and sharing service. 

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South Korea Plans Tax Perks for Blockchain Startups

South Korea is planning to cut tax for companies developing nascent technologies such as blockchain as part of its push for innovation growth.

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Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela's Unbanked

Paxful says business is surging in developing nations, where mobile phones are abundant and cheap, but access to exchange platforms remains scarce.

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Bitcoin Price Risks Pullback Before Testing $8K Again

Bitcoin could witness a minor technical correction before rising to the $8,000 mark.

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Bitcoin Mining Firms Make Chinese Unicorns List for First Time

For the first time, three bitcoin mining companies have made it onto a list of Chinese startups worth over $1 billion.

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Fiat Currencies Are About to Become Essential to Public Blockchains

If we want blockchains to deliver upon their promise, we must be able to transact using traditional fiat currencies, EY's blockchain lead writes.

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Sequoia China, Polychain Lead Blockchain Startup's $28 Million Round

Blockchain startup Nervos Network just raised $28 million from Sequoia China and Polychain, as well as several token funds and traditional VCs.

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Democracy of Two: NEO and the Crypto 'Election' That Wasn't

Early results from elections on the neo blockchain suggest the world's 12th largest cryptocurrency may be struggling to deliver on promised claims.

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3 Signs Bitcoin's Move Above $7K Might Just Hold

Bitcoin is on the rebound entering Wednesday, and three trading indicators suggest the charts are changing in the crypto asset's favor.

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Civic Is Turning Identity.com Into a Crypto-Powered Personal Data Market

Civic secures a high-quality URL from a longstanding internet company, raising the profile of the whole blockchain industry.

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What to Expect When Congress Talks Crypto (Twice) Tomorrow

Two Congressional committee hearings will examine whether crypto is the future of money, as well as what sort of regulation the space may need.

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Litecoin's Lee: Bank Deal Might Lead to New Crypto Services

Charlie Lee took to reddit Tuesday to clarify his and the Litecoin Foundation's roles in the new acquisition of nearly 10 percent of a German bank. 

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Above $7K: Bitcoin's Price Shot Up $600 in 30 Minutes

Bitcoin's price shot well above $7,000 Tuesday in a dramatic move.

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Mastercard Wins Patent for Speeding Up Crypto Payments

Mastercard is looking to improve crypto by designing a payments system that will link accounts holding both fiat currency and cryptocurrencies.

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Russian Firm Will Reward Staff With Crypto Tokens Tied to Profits

The blockchain subsidiary of the Russian e-payments firm Qiwi plans to incentivize staff by giving them tokens tied to the firm's net profits.

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GMO's New Internet Bank Will Settle Payments With Blockchain

Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments.

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IBM Teams With Columbia University to Launch Blockchain Research Center

Tech giant IBM is seeking to its widen blockchain research, development and education efforts through a partnership with Columbia University.

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IBM Is Helping Launch a Price-Stable Cryptocurrency Insured By the FDIC

The latest attempt to create a crypto pegged to the U.S. dollar, or stablecoin, combines 21st-century technology with an invention from the 1930s.

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Banks Take Sides as Blockchain Trade Finance Race Heats Up

NatWest, part of Royal Bank of Scotland, has joined Marco Polo, a blockchain consortium started by R3 and trade finance specialist TradeIX.

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Coinbase Says It Now Has Regulatory Approval to List Security Tokens

The exchange says it has got the go-ahead to acquire three regulated firms, the first step in a plan to offer tokens deemed as securities in the U.S.

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Bitcoin Price Retakes Key Moving Average for First Time in Two Months

BTC found acceptance above the 50-day moving average support on Monday, however, a bull reversal is still not confirmed.

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World's First Bank-Backed Crypto Exchange Finally Opens to the Public

VCTRADE, the new crypto exchange built by financial giant SBI Holdings, is finally open to all Japanese residents after months of delays.

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US Government Backs DLT-Based Energy Grid With $1 Million Grant

A small energy blockchain startup based in Colorado received a grant of nearly $1 million from the U.S. Department of Energy.

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Is Pied Piper Serious? How HBO Inspired Crypto's Most Confounding Coin

What began as a parody quickly became a coin. Soon it might – might – become its own blockchain. What is happening?

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The CFA Exam Is Getting a Crypto Section Next Year

The Chartered Financial Analyst Program Exams are about to add topics on cryptocurrencies as examinable material for candidates in August 2019.

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Augur Betting Volumes Just Topped $1 Million (And They're Accelerating)

Data shared with CoinDesk shows a rapid spike in betting on Augur, a decentralized platform that's been live for just a few days.

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CFTC Says Buyer Beware in New ICO Advisory

The Commodity Futures Trading Commission (CFTC) has issued a warning on initial coin offerings (ICOs) and crypto-assets.

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Congress Is Now Holding Two Crypto Hearings This Wednesday

Congress is set to hold not one but two separate hearings related to cryptocurrencies on Wednesday.

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The Kodak KashMiner's Flashy Debut Ends In Failure

The much-publicized partnership that would have resulted in digital media brand Kodak's name appearing on a series of bitcoin miners is no more.

from CoinDesk https://ift.tt/2LrnbA0

Bitcoin's Road Back to $7K (And the Chart Hurdles In the Way)

Bitcoin is inching its way closer to the $7000 dollar range, but there are key technical hurdles in its way to greener pastures.

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Court Approves Alleged Bitcoin Money Launder's Extradition to France

In a legal tug-of-war between France, Russia and the U.S., Greek courts have ruled in France's favour to take over custody of Alexander Vinnik.

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Peter Thiel, Bitmain Co-Founder Invest in EOS Developer Block.one

In a fresh round of funding, Block.one has added to its line-up of major investors PayPal co-founder Peter Thiel and bitcoin mining giant Bitmain.

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Hong Kong's Blockchain Trade Finance Platform to Go Live By September

The Hong Kong Monetary Authority is poised to launch a live blockchain trade finance platform within two months.

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A Crypto Exchange Is Buying Back $24 Million-Worth of Its Own Tokens

Crypto exchange FCoin is to buy back 100 million of its own tokens to provide capital for a new fund of funds.

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Report: World's Biggest Asset Manager BlackRock Exploring Bitcoin

Global investment management company BlackRock may be mulling a move into bitcoin futures, according to a report.

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​​Market Mania Is Unavoidable, But Crypto Must Get Past It

There has to be broad-based value to society if blockchain technology and the market it supports are to survive and prosper, argues Michael J. Casey.

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G20 Watchdog Releases Framework for 'Vigilant' Monitoring of Crypto Risks

The global Financial Stability Board has published its expected framework for monitoring risk in the cryptocurrency markets.

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Bitcoin Struggles for Gains as Volume Hits 36-Week Low

The lowest trading volume since November 2017 is slowing up bitcoin's price recovery.

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Sex Workers Have Serious Issues With a Crypto-Powered 'Uber for Escorts'

Describing itself as the "Uber of escorting," PinkDate is one of several sex industry startups launching a cryptocurrency-fueled booking app.

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Thailand Is Planning a 'Bond Coin' for Faster Securities Settlement

A self-regulatory organization in Thailand is planning to create a custom token aimed to speed up corporate bond settlement in the country.

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Schnorr Is Looking Poised to Become Bitcoin's Biggest Change Since SegWit

Highly-respected bitcoin developer Pieter Wuille unveiled a draft document outlining the technical makeup of bitcoin's likely next major upgrade.

from CoinDesk https://ift.tt/2Jnyabz

American Express Thinks Blockchains Could Help Prove Payments

Credit card giant American Express may be looking into developing a new proof-of-payment (PoP) system based on blockchain technology.

from CoinDesk https://ift.tt/2Liaibm

What Crypto Really Thinks About Litecoin's Banking Ambitions

A much-talked-about deal between a cryptocurrency non-profit and a bank saw cheers and jeers this week, and all sorts of reactions in between.

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$13.5 Million Hack Ignites Fresh Debate Over Crypto Project Bancor

The security breach of a well-funded blockchain project renewed critiques against its technology this week.

from CoinDesk https://ift.tt/2JtQVtY

A US Election Probe Implicated Bitcoin – And the Reaction Was Swift

The revelation bitcoin may have played a role in one of the biggest U.S. elections scandals has crypto supporters and mainstream pundits talking.

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Muh Monopoly! How a Banker's Talk Sparked All Kinds of Crypto Mockery

The head of the Bank of International Settlements briefly became the butt of crypto Twitter trolling last week after issuing new comments on the tech.

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5 Crypto Assets Are Soaring Big on Possible Coinbase Listings

Coinbase announced they might add five more cryptocurrencies to their platform, and the market reacted with glee.

from CoinDesk https://ift.tt/2Lgyvia

Something Strange Is Going On at a Crypto Exchange Called WEX

Users of WEX, the cryptocurrency exchange built on the ashes of BTC-e, are reporting withdrawal problems.

from CoinDesk https://ift.tt/2NNxnUI

Tezos Is Giving Away Grant Money to Crypto Developers

The Tezos Foundation is launching a grant program to encourage its community to participate on its platform starting next month.

from CoinDesk https://ift.tt/2Na2l8z

Russians Indicted for US Election Hacks Used Bitcoin to Fund Operations

Twelve Russian officials indicted for hacking into Democratic National Committee email accounts allegedly used cryptocurrencies, the DOJ announced.

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Major League Baseball Collectibles Are Coming to Ethereum

Major League Baseball (MLB) is partnering with a blockchain startup to launch a decentralized app trading game.

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Hedge Fund Billionaire Steven Cohen Is Getting into Crypto

Billionaire Steven Cohen, once dubbed the "Hedge Fund King," has reportedly invested in a crypto hedge fund.

from CoinDesk https://ift.tt/2KSgfzn

Chinese Tech Firm Probed Over Launch of Crypto-Mining Video Console

Leshi Internet, a video streaming service with a history of financial issues, is being questioned by a stock exchange over its move into crypto. 

from CoinDesk https://ift.tt/2uiERH9

US Judge Delays Crypto Fraud Ruling Pending CFTC Response

A judge in New York has postponed a decision on a crypto fraud lawsuit until the CFTC can explain how it calculated damages.

from CoinDesk https://ift.tt/2uv65tI

CoinList's Fifth ICO Is a $61 Million Bid to Tokenize All the Assets

CoinList, arguably the top site for listing token sales, has chosen TrustToken as the fifth ICO to be hosted on its website.

from CoinDesk https://ift.tt/2Na3TQ4

Bitcoin Again Shows Green Shoots After $6K Defense

Bitcoin (BTC) could soon test $6,400, having seen a high-volume reversal from the two-week lows hit yesterday.

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University Researchers Turn to Blockchain to Preserve Cultural Heritage

A team from China's Tsinghua University is patenting a way to store and share digital versions of culturally important objects using a blockchain.

from CoinDesk https://ift.tt/2ugkRVY

Robinhood's Plan to Win the Crypto Exchange War? Kill Trading Fees

CEO of Robinhood Markets, Vlad Tenev, explains why he thinks fee-based cryptocurrency trading will soon become a relic of the past.

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OKCoin Exchange Launches in US With Fiat-to-Crypto Trading

Crypto exchange OKCoin has launched a branch in the U.S. market to offer trading services between U.S. dollars and several major cryptocurrencies. 

from CoinDesk https://ift.tt/2KVYKyc

Why Litecoin's Creator Is Buying Into A Bank (And How It Could Go Wrong)

If all goes according to plan, TokenPay and Charlie Lee's Litecoin Foundation will transform a tiny German bank into crypto's smoothest on-ramp.

from CoinDesk https://ift.tt/2Las1Bk

Bitcoin Price Defends $6K As Upside Potential Builds

A charting pattern suggests the bitcoin price might be able to successfully defend $6,000, despite a tug-of-wars between bulls and bears of late.

from CoinDesk https://ift.tt/2JiknTH

Police Seize $1.5 Million in Crypto During FIFA Gambling Crackdown

A Chinese city has recently cracked a cryptocurrency-traded gambling case and confiscated over $1.5 million worth of cryptocurrencies.

from CoinDesk https://ift.tt/2NOo72L

New Power Rates Approved for Crypto Miners in Upstate New York

A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners.

from CoinDesk https://ift.tt/2LbWqiM

Lawmakers to Discuss If Crypto Is 'The Future of Money' Next Week

The U.S. House Financial Services Committee will host a crypto hearing focused on its use as a form of money next week.

from CoinDesk https://ift.tt/2NaywEJ

Korean Government-Backed Researchers File for Blockchain Patent

A South Korean government-funded organization has submitted a blockchain-related patent application to the U.S. Patent and Trademark Office.

from CoinDesk https://ift.tt/2JiysAA

Tether Hires Former Bank Analyst as Chief Compliance Officer

Tether, the company behind the dollar-tied USDT, has hired a chief compliance officer from the eighth-largest bank in North America.

from CoinDesk https://ift.tt/2KTntTI

Report: More Than Three-Quarters of ICOs in 2017 Were Scams

In a report by an advisory firm on initial coin offering (ICO) investments, data shows close to 80% of all ICOs in 2017 were scams.

from CoinDesk https://ift.tt/2zw1LjF

Binance Exchange Backs First-Ever Decentralized Bank in Malta

Binance is reportedly among a number of investors backing a decentralized, blockchain-based bank to be launched in Malta.

from CoinDesk https://ift.tt/2KRArSc

IT Giant Fujitsu Is Launching a 'Ready-to-Go' Blockchain Service

Fujitsu has launched a new blockchain consultancy service it claims will deliver a minimum viable product in just five days.

from CoinDesk https://ift.tt/2ufoaN2

Litecoin, Bitcoin Cash Are Latest Crypto Additions to Robinhood Investing App

U.S.-based mobile stock trading app Robinhood has added two new cryptocurrencies to its trading service.

from CoinDesk https://ift.tt/2JdxtSh

100 Tokens By 2020: Ledger Pledges Big Expansion for Crypto Custody

Wallet and custody startup Ledger is ramping up the number of cryptocurrencies it supports to meet demand from institutional investors.  

from CoinDesk https://ift.tt/2KNO8S1

Bank of Queensland Rules Out Crypto Purchases With Mortgage Funds

The Australian retail bank has revised its loan agreements to prohibit borrowers from using mortgages to purchase cryptocurrency.

from CoinDesk https://ift.tt/2L8oQu4

Bitcoin Bull Move on Hold as Downside Risks Grow

Bitcoin risks falling below $6,000, the bearish continuation pattern seen no the hourly chart indicates.

from CoinDesk https://ift.tt/2zzolYE

Cartier Owner Richemont Plans to Track Diamonds With Blockchain

A board member at Swiss luxury goods maker Richemont has said the firm will use blockchain to bring transparency to its supply chain.

from CoinDesk https://ift.tt/2ufkD1g

Code Is Speech: Amir Taaki on Crypto's Debt to Phil Zimmerman

Fresh from meeting legendary cryptographer Phil Zimmermann, hacktivist and early bitcoin adopter Amir Taaki reflects on the PGP inventor's legacy.

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Shanghai Stock Exchange Explores DLT Use In New Research Paper

Shanghai Stock Exchange is pushing for the use of DLT in the securities market but says a lack of regulatory framework is a key hurdle at the moment.

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A $3.3 Billion Claim: Has Cardano's Blockchain 'Solved' Proof-of-Stake?

Charles Hoskinson explains cardano's iterative approach to security, and how its interaction with academic gives it an advantage over other designs.

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85% Of Canadians Are 'Aware' Of Bitcoin, Says Bank of Canada

The results of a nationwide bitcoin survey conducted December by the Bank of Canada are now in.

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Federal Judge Wavers As CFTC Seeks Injunction in Crypto Fraud Case

The CFTC is wrapping up its case against accused fraudster Patrick McDonnell – but the hearings in New York this week have been anything but simple.

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Trump Task Force to Aid Crypto Crime Investigations

President Trump has signed an executive order establishing a new task force that targets consumer fraud, including those involving "digital currency."

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Crypto Market Downturn Puts Drag on High-End GPU Prices

New research suggests that prices for high-end graphics cards – coveted by both cryptocurrency miners and gamers alike – are falling.

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Bitcoin Price Spikes to Nearly $9K on Little-Known Crypto Exchange

Crypto exchange WEX – formerly known as BTC-e – saw its BTC/USD market spike to nearly $9,000 on Wednesday.

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Report: Korean Political Parties to Propose New Crypto Laws

Lawmakers in South Korea are said to be racing to make laws to regulate the sector.

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Coinbase Co-Founder Backs Blockchain Startup's $3 Million Seed Round

DIRT, a startup building an ethereum-based blockchain platform for validating information across datasets, has raised $3 million in seed funding.

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Ripple Taps Facebook Payments Exec for Business Development Role

Ripple said today that it will have Kahina Van Dyke, who previously worked at Facebook, as its new senior VP of business and corporate development.

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Litecoin Price Spikes Above $80 on Bank Acquisition News

Litecoin is reporting gains on Wednesday, following news that its foundation has acquired a stake in a German bank.

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$3 Million Fund to Create 25 Marketplaces for Kik Messenger's Token

Kik CEO Ted Livingston created the kin token so people could easily buy and sell digital stuff online. Now he's paying devs to make the stuff.

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Augur Passes CryptoKitties: Ethereum App Enters Top 5 with $400K Debut

With strong first day volumes, newly launched crypto app Augur has surpassed what may be the most popular decentralized application.

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Bitcoin's Price May Be Charting a Bull Reversal

All is not lost for the bulls as BTC could create a major bullish reversal pattern over the next few days.

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CryptoKitties to Debut Mobile App on HTC's Flagship Phone

CryptoKitties will first roll out its new mobile application on select HTC devices by the end of this year.

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Litecoin Foundation Acquires 9.9% of Bank in Payments Partnership

Litecoin Foundation, the non-profit behind the popular cryptocurrency, says it now owns part of a German bank thanks to a new deal with TokenPay.

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UK Financial Regulators Are Preparing for a World of Crypto Assets

Technology startups Nivaura and 20|30 are shaking up equity crowdfunding with the FCA and LSE.

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Opera Is Testing a Mobile Browser With a Built-In Crypto Wallet

The web browser Opera is looking to get ahead with changing times by launching its first full-featured browser with a built-in crypto wallet.

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The Philippines Wants to Earn $67 Million By Crypto Exchange Licensing

A government authority that governs a special economic zone in the Philippines wants to earn $67 million by issuing crypto exchange licenses. 

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Regulators Are Slowly Starting to Get It: Utility Tokens Are Real

Regulators are doing their homework and recognizing there's at least potentially something different going on here from what they're used to seeing.

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Cryptocurrency Concept Is a 'Fallacy' Says Finnish Central Bank Advisor

A paper published by the Bank of Finland explains why cryptocurrencies will never become a form of money.

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LocalBitcoins Trader 'Bitcoin Maven' Sentenced to Year in Prison

A Los Angeles bitcoin trader was sentenced Monday to one year in federal prison.

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Torrent Site Pirate Bay Spells Out Monero Mining Software Use

Torrent website The Pirate Bay is doubling down on its plan to use visitors' processing power to mine crypto.

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SEC Settles Trader Lawsuit Tied to Blockchain Firm Stock Sales

Two Nevada men have settled with the SEC over alleged illicit trading of a claimed blockchain company's stock.

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More Than Half of ICOs Fail Within 4 Months, Study Suggests

A new study suggests that, while many ICOs become inactive soon after launch, there are rewards for investors willing to take a risk.

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100 Merchants Can Now Trial Bitcoin's Lightning Network Risk Free

CoinGate is making Lightning payments accessible for mainstream merchants and reaping research in return.

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PBoC Will 'Crush' Foreign ICOs Targeting Chinese Investors: Official

Pan Gongsheng, a vice governor of the People's Bank of China, has once more issued strong statements on initial coin offerings.

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Bitcoin Bull Bias Fades as Price Drops Below $6.5K

A daily close (as per UTC) below 10-day moving average would abort bitcoin's short-term bullish view.

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Crypto Tycoon Resigns From Blockchain Fund After Alleged Defamation

Li Xiaolai, a Chinese crypto investor, has resigned from a $1 billion blockchain fund following an online spat that led to a defamation lawsuit.

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R3 Launches Corda Enterprise With First-Ever 'Blockchain Firewall'

Not a traditional firewall, the term denotes how Corda is able to limit communication between blockchain nodes operating in different environments.

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Augur Is Live: Decentralized Prediction Market Launches After 2-Year Beta

A platform for creating decentralized prediction markets, which held one of the first-ever ICOs, has gone live. Finally.

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Benson Oak Raising $100 Million for Blockchain-Focused Fund

Prague-based Benson Oak announced it is raising $100 million to launch an investment fund with a focus on blockchain startups in Israel.

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BitGo Adds 57 Ethereum Tokens In Largest-Ever Custody Service Expansion

Bitcoin veterans are jumping into the token economy with new licenses and custody options.

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$7K Back in Play? Price Indicators Shift In Bitcoin Rally's Favor

It's been a standoff between the bitcoin bulls and bears over the past few days, but the bulls might getting ready to take charge.

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Token Platform Bancor Goes Offline Following 'Security Breach'

Bancor is said to have suffered "a security breach" this morning.

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$42 Million In Crypto Is Now Being Airdropped to NEO Investors

The second half of the Neo Council's airdrop of ONT tokens is finishing up. Now NEP-5 ONT holders need to migrate to Ontology's mainnet.

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YouTube Accused of Negligence in BitConnect Fraud Lawsuit

The drama around the shutdown of the controversial BitConnect's lending and exchange platform continues.

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Binance Taps UNIDO Goodwill Ambassador to Lead Charity Effort

Binance announced today that it has appointed Helen Hai as the new head of its charity foundation.

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UK Watchdog Welcomes First Crypto Startups to Regulatory Sandbox

The U.K.'s financial regulator is allowing startups focused on blockchain and crypto assets into its regulatory sandbox for the first time.

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Metals Exchange Forms Blockchain Group to Modernize Minerals Industry

A Switzerland-based trading platform for metal concentrates is forming a blockchain consortium to streamline mineral industry supply chains.

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Block.One Is Taking a Bigger Role With EOS (And That's a Big Deal)

When the company that created EOS starts voting for validators, there will be little chance of winning a spot without earning its support.

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World's Largest Bank Eyes Faster Asset Exchange With Blockchain

ICBC, one of China's "Big Four" state-owned commercial banks, is seeking to patent a blockchain system to better execute financial asset transactions.

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Bitcoin Price Constrained Below Key Resistance at $6,800

BTC is showing signs of exhaustion near a key resistance zone, still, the short-term outlook remains bullish.

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A16z Leads $45 Million Raise for Blockchain Startup Oasis Labs

Cloud computing startup Oasis Labs has raised $45 million in a private token pre-sale to develop its blockchain platform.

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1 Million Computers Hacked to Mine $2 Million-Worth of Cryptos

Hackers reportedly reaped more than $2 million in different cryptocurrencies after spreading malware across computers in China.

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FINRA Wants to Know All About Member Firms' Crypto Activities

The U.S. financial self-regulatory body is asking member firms to submit every detail of their existing or future activities in cryptocurrency.

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Crypto Bounty Hunting Is Offering A Way Out of Poverty

Completing small tasks by "bounty hunting" for cryptocurrency is becoming a lucrative career for users in less advantaged regions of the world.

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Filings Link Crypto Exchange Bitstamp to Game Maker Nexon

Public filings released in late May establish the strongest link yet between Bitstamp and Korean gaming firm Nexon.

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Walmart Looks to Blockchain for Better Package Tracking

A new patent filing finds retail giant Walmart seeking to utilize blockchain technology to solve problems when scheduling deliveries.

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Blockchain for IoT: A Big Idea Meets Hard Design Questions

Cut through the tantalizing visions of cars with wallets trading with each other, and you'll find debates taking shape over nitty-gritty details.

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What Happened When A Secret Bitcoin Key Went Public

The long-awaited reveal of the private keys – once able to trigger a bitcoin alert system – occurred Monday via email by two Bitcoin Core developers.

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With Journalists on Ethereum, Will Fake News Meet Its Match?

The ambitious project thinks token-based governance can tackle not just censorship, but fake news, echo chambers and journalism's other crises.

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Timing the Crypto Market With RSI (A Beginner's Guide)

Snoozers always lose in the crypto market. This guide to the RSI indicator will assist you in making timely trades so you can walk away with the win.

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Tezos Investors Got a Chance to Sell This Week – And They Took It

Tezos' price dropped by a third in its first 24 hours of trading as a real token, rather than an IOU.

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Cloud Provider Xunlei Launches Blockchain File System

Xunlei Limited announced that it has launched a distributed file system called ThunderChain File System (TCFS) for its blockchain platform.

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Crypto Exchange Gemini Hires Former NYSE Tech Chief

Crypto exchange Gemini has hired former NYSE chief information officer Robert Cornish to serve as its first chief technology officer.

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Bitcoin's Price Declines Over Q2 for First Time on Record

CoinDesk's looks at bitcoin's price performance over Q2 2018, finding that the crypto asset underperformed according to historical data.

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Facebook Has a New Director of Engineering for Blockchain

Facebook is getting even more serious about blockchain, appointing a new director of engineering to focus on the technology.

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Bernstein: No, Crypto Markets Aren't Like the Dot-Com Bubble

Cryptocurrency and blockchain developers are building "parallel financial networks," according to a new report by Alliance Bernstein.

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Stuck Between Key Chart Points, Bitcoin Price Seeks Direction

Bitcoin is reporting a $400 trading range and an upside breakout would signal a resumption of the rally.

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Swiss Stock Exchange to Tokenize Securities In New DLT Platform

Switzerland's principal stock exchange will build a blockchain-based platform to tokenize traditional securities for further trading and settlement.

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Ethereum's Growing Gas Crisis (And What's Being Done to Stop It)

The ethereum network is seeing new levels of congestion with rising use, a development that is spurring proposals for technical improvements.

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MakerDAO Pilots Stablecoin With TradeShift to Speed Up Payments

MakerDAO is partnering with TradeShift to test how its stablecoin DAI can help to speed up the payment process for small businesses.

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Report: Mining Giant Bitmain Valued at $12 Billion in New Funding Round

Chinese bitcoin mining giant Bitmain has reportedly closed a Series B round funding, which values the firm at approximately $12 billion. 

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India's Ruling Party Accused of Involvement in 'Mega Bitcoin Scam'

The largest political party in India is accusing the ruling Bharatiya Janta Party (BJP) of being involved in a bitcoin scam to launder money.

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PoWx: The New Effort to Change Bitcoin (And Who's Backing It)

Technologists unveiled a foundation dedicated to rewriting bitcoin's underlying tech, giving the long-controversial idea new wings.

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The EU's Biggest ETF Firm Expands Into Crypto Products

Europe's largest trader of exchange-traded funds(ETF) is entering the crypto world.

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Bittrex and Invest.com Partner on New Crypto Trading Platform

Bittrex and invest.com announced that they will partner to launch a cryptocurrency trading platform under the invest.com brand name.

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Block.one Appoints Former Jefferies Asia CEO to Lead VC Arm

Block.one, the company behind the EOS blockchain, has just hired a former Jefferies Group LLC executive to lead its $1 billion venture capital arm.

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IBM Wants to Track 'Collaborative Coding' Milestones on a Blockchain

A new patent application from IBM suggests that the tech giant is eyeing blockchain as a way to chart programmer contributions for projects.

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Romania Drafts Bill to Regulate Cryptocurrencies

Romania has drafted an emergency ordinance to regulate cryptocurrency issuing.

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Another Ripple Lawsuit Claims XRP Is A Security

A third investor in three months is suing Ripple on grounds that the XRP cryptocurrency is a security issued by the firms. 

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Up 50%: Ethos Rallies Big After Crypto Wallet Launch

A token seeking to power an ecosystem of applications is consolidating gains after a bout of big news this week.

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BIS Chief to Crypto Coders: 'Stop Trying to Create Money'

Agustín Carstens, general manager of the Bank for International Settlements, made strong comments again on cryptocurrency.

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Bitcoin Rally Hits a Speed Breaker at $6,750

Bitcoin's short-term bull market has paused at the key technical resistance of $6,750.

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Thailand SEC Reveals Date for Enacting ICO Licensing Rule

After a months-long process that saw public hearings and legislative debates, Thailand regulators said a rule on ICOs will take effect this month.

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Summer Blues or Crypto Moon? Take CoinDesk's State of Blockchain Survey

This past quarter saw price declines, hacks, regulatory clarity, and many more.

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Crypto Exchanges Are Already Adapting to India's Bank Account Ban

As the Indian Supreme Court declined to end the Reserve Bank of India's crypto curb, exchanges in India are taking different actions.

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Big Insurers Are Uniting Behind R3's Blockchain Tech

The RiskBlock Alliance, whose members include insurance giants Chubb, Marsh and Liberty Mutual, has decided to build its blockchain on R3's Corda.

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Spain's Lawmakers Push for Blockchain Use in Governance

Spain's ruling party submitted a proposal encouraging the government to adopt blockchain technology in managing public services.

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EU Regulator: DLT In Trade Finance Still Faces Legal Uncertainty

The European Banking Authority published a report to raise public awareness of the benefits and risks associated with the use of DLT in finance.

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Bitcoin Still Bullish Despite Price Pullback

Bitcoin retains the short-term bullish bias despite the pullback from the 11-day highs.

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UK Government Should Have A Chief Blockchain Officer, Lawmaker Says

A U.K. lawmaker proposes the government should appoint a public-facing blockchain chief officer in order to boost blockchain adoption in the country.

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Among Blockchain-Friendly Jurisdictions, Malta Stands Out

Malta is writing laws for tomorrow's economy rather than trying to impose yesterday's rules upon it. Consider the way it is legally recognizing DAOs.

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Binance Halts All Trading Over Abnormal Crypto Transactions

Binance has suspended trading services after one token on its platform was reported with abnormal transactions.

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Crypto Exchanges Are Suddenly Being Censored In Iran

Iranians using cryptocurrency to hedge against inflation have recently hit a roadblock, an apparent outage of domestic onramps to the market.

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International Task Force Notes Use of Cryptocurrencies in Financial Crime

Tax authorities from five different nations are coming together to combat international financial crimes, with a focus on cryptocurrencies.

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VeChain Revises Roadmap to Address Token Swap Concerns

VeChain has changed its token swap timeline in response to pressure from token holders.

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Blockstream Launches Tokenized Assets Tool on Liquid Sidechain

Blockstream unveiled a new feature that allows users to create custom tokenized assets secured on its Liquid sidechain.

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Court Says India's Crypto Exchange Bank Account Ban Will Continue

India's central bank won a key victory in court this week.

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Why Companies Need to Get on the Tokenization Train

EY's blockchain lead makes the case for enterprises to embrace tokenization and move away from simply treating blockchains like fancy notaries.

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$7K Ahead? Bitcoin Charts Appear Constructive Short-Term

The bullish falling channel breakout has opened the doors for a stronger rally towards the $7,000 mark.

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Smartphone Giant Xiaomi Disavows ICO Token Pegged to Its Stock

An initial coin offering is selling a token that claims to be pegged to smartphone maker Xiaomi's stock price in its IPO next week.

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Korea's Oldest Mileage Program May Convert Cash Points to Cryptos

The company behind OK Cashbag, the oldest mileage point program in South Korea, is mulling a plan to convert cash points into cryptocurrency.

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Bankers Tout Trade Finance as the Sweet Spot for Blockchain

London's Blockchain Summit heard banks weigh the possible savings blockchain could bring to global trade – as well as noting the pain points.

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European Banks Complete First Live Blockchain Financial Trades

We.trade, the blockchain-based financial trade platform jointly developed by nine European banks, has completed first live cross-border transactions.

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Tether on Strings? Crypto Debates Fresh Round of Manipulation Claims

An investigative Bloomberg article raising concerns about market manipulation of tether on the Kraken exchange has sparked a social media firestorm.

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Voorhees vs Schiff: Bull Meets Bear at NY Bitcoin Debate

Bitcoin will eventually come to replace government-backed fiat currencies, Shapeshift CEO Erik Voorhees argued at a debate Monday.

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Crypto Valley Declares Blockchain Voting Trial a 'Success'

Zug, home of the "Crypto Valley" in Switzerland, has successfully completed its first test of a blockchain-based voting system.

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UK Food Watchdog Trials Blockchain for Meat Inspection

The U.K.'s food watchdog announced its success in a pilot project tracking and monitoring data about meat on the blockchain.

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Dead Cat Bounce? Bitcoin Charts Show This Rally Could Be Different

Bitcoin has teased the bulls several times over the past few weeks, but the charts suggest today's rally might hold more weight.

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SEC Charges Two In Illicit UBI Blockchain Stock Sale

The U.S. Securities and Exchange Commission charged two Nevada residents with illegally profiting off stock sales of a self-described blockchain firm.

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The Russian Military Is Building a Blockchain Research Lab

The Russian Ministry of Defense is launching a blockchain research lab to examine how to combat cybersecurity threats.

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For Litecoin's Price, This Week's Close Could Be Pivotal

Litecoin's close this week will likely set the tone for the next major move in prices, the technical studies indicate.

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Coinbase's New Custody Service Is Now Live

Having accepted its first deposit last week, Coinbase Custody is officially "open for business," the exchange said Monday.

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Thai Securities Firms to Team Up for Crypto Exchange Launch

With a new cryptocurrency law taking effect soon, a group of traditional securities firms in Thailand plans to jointly launch an exchange.

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It's Too Soon for On-Chain Governance

The EOS governance disaster offers a strong reminder of how entrenched human mistrust can be difficult to overcome.

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Self-Proclaimed Satoshi Nakamoto Says Bitcoin Book in the Works

An individual claiming to be bitcoin inventor Satoshi Nakamoto has announced they are writing a book about the cryptocurrency and its history.

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Back Above $6K: Bitcoin's Bull Reversal Is a Work in Progress

Having bounced back over the weekend, bitcoin needs to clear the falling channel resistance before claiming a short-term bullish reversal.

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Huobi's New Voting Rules Anger Crypto Fund 'Supernodes'

Huobi has set new rules for selecting new tokens on its HADAX exchange, a move that offended several crypto funds and led to a boycott.

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Charts: SEC Data Shows Token Filing Figures Just Keep Rising

Since SAFT came into to use last year, the number of companies reporting to the SEC to work in this framework has increased, CoinDesk finds.

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BTCC Relaunches Exchange Business With Plan for Own Token

One of the longest-running crypto exchanges is relaunching its trading service nearly a year after China's regulatory clampdown.

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Crypto Startups Don't Need Sandboxes, They Need Greenhouses

"Sandbox" is a bad term to describe these regulatory programs, under which financial technology solutions can be safely seeded, fed, and controlled.

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'Secret Contracts' Developer Engima Launches Test Blockchain

A built-from-scratch blockchain aiming to enable private contracts between users has officially entered testing. 

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F1 Champ Alonso Adopts KodakCoin Platform for Image Protection

Fernando Alonso, the world's top Formula One racing driver, is tapping a blockchain-secured platform to safeguard his image rights.

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Bitcoin's Unknown 'Kings': The Magazine Mystery That's Got Crypto Guessing

A recent magazine cover attracted international commentary. After all, it isn't every day that relative unknowns are touted as "Bitcoin Kings."

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EU Report Says Cryptocurrencies 'Unlikely' to Challenge Central Banks

Cryptocurrencies are "unlikely" to shake up the dominance of central banks and sovereign currencies, the EU's newest report says.

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What Does Crypto Care if Zooko Is a Millionaire?

The creator of zcash has prompted controversy after revealing details about his salary at a conference focused on the privacy-centric blockchain tech.

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