Australia’s Two Leading Blockchain Advocate Groups Announce Merger

Two groups seeking to promote blockchain tech in the Asia-Pacific have officially merged to open up greater opportunities in the region.

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Investors Can Now Trade Ether and British Pounds on the Same Blockchain

LAB577, a team of ex-Royal Bank of Scotland engineers, has built a system for settling crypto and fiat trades on R3's Corda Network.

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What the Next 4 Years of Ethereum Look Like

Ethereum celebrated its fourth birthday yesterday. Here's what insiders had to say about the blockchain's next four.

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Marijuana-focused Stablecoin Issuer Added to Arizona Fintech Sandbox

Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations

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Judge Rules for Roger Ver in Craig Wright Libel Lawsuit

Though the suit was dismissed on jurisdictional grounds, Judge Sir Nicklin denied Wright's claims of "reputational harm" in the decision.

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QuadrigaCX Judge Approves $1.6 Million in Expenses for EY, Law Firms

A Nova Scotia Supreme Court judge approved more than $1.6 million in fees for the companies appointed to recover funds on behalf of QuadrigaCX's former users.

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Ripple Extends University Investment Program to Japan

Ripple Labs UBRI program adds two new universities amidst increasing pressure from market incumbents

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Litecoin Is ‘Halving’ Soon: What’s Happening and What You Should Know

A rule embedded within litecoin’s (LTC) code is set to soon reduce rewards for the miners. Here's what traders and investors should know.

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Kraken to Enable Worldwide Fiat Funding Options

A partnership with custodian Etana will enable Kraken clients to wire funds to their exchange accounts.

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NBA and ‘CryptoKitties’ Creator Team Up to Launch In-Game Collectables

You can now buy in-season highlights from the NBA's biggest stars via the creators of CryptoKitties.

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Beating Bakkt, LedgerX Is First to Launch ‘Physical’ Bitcoin Futures in US

LedgerX has launched the first physically-settled bitcoin futures contracts in the U.S., beating Bakkt to the punch.

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Kraken Boosts Institutional Offerings With Acquisition of Dan Held’s Interchange

Cryptocurrency exchange Kraken has acquired Interchange, a startup offering a way for institutional investors to better manage their portfolios.

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Blockchain Ticketing Platform From Top Russian Airline Took $1 Million in July

Russia's second largest airline is touting the benefits of blockchain after a ticketing platform it developed raked in over $1 million in a month.

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Bitcoin on Track to Post First Monthly Price Loss Since January

Bitcoin looks set to end its five-month winning run with a 9 percent price drop in July.

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Sony Co-Leads €13 Million Raise for Crypto Banking Startup Bitwala

Bitwala raised almost $14.5 million in a Series A funding round led by Sony Financial Ventures and NKB Group.

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UK Financial Watchdog Issues Full Guidance on Crypto Assets

The U.K.'s Financial Conduct Authority has finalized its guidance on crypto assets following a consultation which began in January.

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Fold App Adds Bitcoin ‘Kickbacks’ for Purchases at Target, Starbucks

Mobile shoppers can earn bitcoin for purchases from Amazon, Starbucks, and Target, just to name a few. 

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Blockchain Insurance Group B3i Launches First Product on R3’s Corda

B3i, a consortium startup working to use blockchain tech in the insurance industry, has launched its first product on R3's Corda platform.

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Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report

Canaan Creative, the major bitcoin miner manufacturer, has confidentially filed for an IPO in the U.S., say IFRAsia sources.

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Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East

BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank

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Importer of Bitmain’s Bitcoin Miners Draws Criminal Investigation in Russia

An importer of Bitmain's bitcoin miners is under investigation for underpaying customs fees, a search warrant obtained by CoinDesk reveals.

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WATCH: Metal Pay CEO Says He Isn’t a Bitcoin Maximalist

Cypherpunk and CEO of Metal Pay, Marshall Hayner, thinks regulation is coming one way or another and that the best thing to do is keep an open mind and get educated.

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Overstock to Pay Its Shareholders a Dividend in tZERO Tokens

The digital dividend, Series A-1, will be paid in a ratio of 1:10 to the company's common stock.

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Coinbase Pro to Enable Tezos Trading

Inbound transfers of Tezos will be supported 12 hours ahead of full functionality on Monday, August 5.

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$500K, 60 Lawyers: Filing Reveals Costs of Bitfinex’s Fight With NY Regulators

Bitfinex has spent half a million dollars producing documents in its ongoing battle with the New York Attorney General's office, a new filing says.

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WATCH: Blockstack CEO Discusses His Regulatory ‘Ah-Ha’ Moment

In a conversation with Leigh Cuen, Blockstack CEO Muneeb Ali explains why he "optimistic" towards the coming regulatory policies.

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VP of Engineering Tim Wagner Becomes Latest Exec to Leave Coinbase

Coinbase is losing a number of high-ranking engineering staffers, CoinDesk has learned, including VP of engineering Tim Wagner.

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Philippines’ UnionBank Launches Stablecoin, Conducts the Country’s First Bank Blockchain Transaction

The group ran its first transaction between three rural banks in an effort to improve its remittance offerings.

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Firearm Firm Wins Patent for Integrating Blockchain into ‘Black Box’ for Guns

A new solution adds a blockchain-based recording system to firearms.

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US Senator: ‘I Don’t Think You’ve Persuaded Anyone’ Crypto Creates Financial Inclusion

Sen. Brian Schatz (D.-HI) questioned the claim that blockchain spurs financial inclusion at Tuesday's Banking Committee hearing.

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Coinbase-Backed Securitize Issues Token Representing a Financial Newsletter Business

The token produced in collaboration with Curzio Research is Securitize's tenth issuance.

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Former Mt Gox CEO Karpeles Must Face US Class Action, Judge Rules

Mark Karpeles, former CEO of the early bitcoin exchange Mt. Gox, must face a class action lawsuit in Philadelphia over the firm's 2014 collapse.

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Watch the Senate Banking Committee’s Crypto Regulation Hearing Live

The U.S. Senate Banking Committee is about to hold its hearing on regulation for cryptocurrencies and blockchain. Here's how you can watch it.

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Coinbase Custody to List YouNow’s Props Token

Since the token launched in early July, more than 230,000 YouNow and XSplit users and content creators have been given 'Props.'

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Samsung’s Galaxy S10 Adds Wallet App from Blockchain Phone Rival Pundi X

The blockchain smartphone makers are working together to boost crypto adoption, with Pundi X's wallet being added to the Galaxy S10's options.

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Multicoin Leads $20 Million Round for Speed-Focused Solana Blockchain

Claiming it can handle many more transactions per second than existing blockchains, Solana has raised capital to ramp up development.

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Bitcoin’s Largest Wallet Blockchain Just Launched Its First Crypto Exchange

Bitcoin wallet provider and blockchain explorer Blockchain just launched its first exchange platform, the PIT.

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Golden Cross Provides Glimmer of Hope for Bitcoin Price Revival

Bitcoin's bulls have reason to be optimistic despite the recent 33 percent price drop, as a long-term technical indicator has turned bullish.

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BitFlyer launches ‘Simple’ Bitcoin Buying and Selling Service for EU Market

The European arm of Japan-based cryptocurrency exchange bitFlyer has launched a bitcoin buying and selling service aimed to be easy to use.

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Facebook Libra Might Not Ever Launch, Concedes Firm

Facebook has acknowledged what many have been saying – that regulatory issues may be an insurmountable barrier to its Libra project.

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Crypto Exchange and Custodian Smart Valor Goes Live in Switzerland

With $3.25 million in new funding, Smart Valor says it's launching the first regulated bitcoin exchange in crypto-friendly Switzerland.

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Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King

Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily.

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Crypto Trader XBTOI Snags Bermuda License`

Crypto finance solutions may be finding lower regulatory hurdles abroad as one of the most venerable exchanges takes to the islands.

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Prime Trust Launches Instant Settlement Network for Crypto-Fiat Trades

Nevada-based Prime Trust has launched a real-time settlement service for crypto and fiat transfers among clients.

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US Defense Department Is Developing a Blockchain Cybersecurity Shield

The DoD thinks blockchain can help authenticate its agents, secure interagency communication, and handle petabytes of data to predict attacks.

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SEC Cyber Unit Chief That Pursued Actions Against ICOs, Kik to Resign

Robert A. Cohen pursued actions against a number ICOs and crypto exchange platforms as Cyber Unit chief. He will resign in August.

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US Investment Firm Launches a Hedge Fund With Holdings in Coinbase, Bakkt

The NYCQ Fund is a tokenized venture fund with holdings in Coinbase, Bakkt, Nomics, and Tagomi.

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Crypto Exchange Bitstamp Is Adding UK Pound to Funding Options

The world's longest running exchange will soon allow deposits and withdrawals made in GBP.

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Circle CEO Allaire to Congress: Treat Crypto as a New Asset Class

Circle CEO Jeremy Allaire calls for Congress to treat digital assets as their own asset class in testimony for Tuesday's Senate Banking hearing.

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Square Crypto Lead: ‘The Product We’re Focusing on Is Bitcoin’

In a Twitter AMA on Monday, Square Crypto made it clear that its focus is on building for bitcoin, not for Cash App.

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OpenBazaar Developers Launch a Crypto Marketplace for Mobile

The developers behind decentralized marketplace OpenBazaar have released a mobile counterpart.

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Tether Stablecoin Launches on Blockstream’s Liquid Sidechain Network

A new version of the widely used but controversial stablecoin tether is launching on Blockstream's Liquid Network.

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Judge Punts on Decision in NYAG Case Against Bitfinex and Tether

A New York judge has delayed making a decision on whether Bitfinex and Tether need to turn over documents to the state Attorney General.

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Dark Web Drug Dealer to Hand Over Bitcoin Millions After Plea Deal

A dark web drug dealer must forfeit $4 million in funds including bitcoin after pleading guilty in New York.

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Crypto-Focused Finance App Aximetria Wins License From Swiss Regulator

Aximetria, a firm offering a personal finance app for fiat and cryptocurrencies, has been awarded a financial intermediary license in Switzerland.

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Iran’s Government Gives the Official Nod to Crypto Mining

Cryptocurrency mining is now an official industrial activity in Iran after winning approval from the country's cabinet.

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Bitcoin Faces Sub-$9K Price Move as Bear Trend Strengthens

Bitcoin is continuing to feel the brunt of the short-term bearish trend, with charts calling a move to $9,100 and possibly lower.

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200-Year-Old Passport Printing Firm Launches Hardware Crypo Wallet

An Austrian printing company that has history going back to the early 1800s has launched a secure bitcoin storage device.

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Meet Vitalik Buterin’s Mom. Her Mission Is Inclusion, Not Ethereum

Natalia Ameline's nonprofit, CryptoChicks, is spreading the blockchain gospel in emerging markets.

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Perverse Outcomes: FATF, Bitcoin and Financial Exclusion

How do we break a vicious cycle of KYC and financial exclusion? The answer may lie in blockchain technology’s own capacity to track transfers.

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WATCH: The Facebook Libra Hearings: Everything You Missed in 5 Minutes

From Silicon Valley to Washington, DC, Facebook's Libra is causing concern everywhere it turns up. This CoinDesk video explores what happened in the halls of power when the first major corporation joined the crypto party.

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Crypto Exchanges Are Benefiting from Algorithmic Trading: Here’s How

Matthew Trudeau, chief strategy officer at crypto asset exchange ErisX, responds to a recent article on high-frequency trading by CoinDesk

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Binance Charity Foundation’s Donation Records Aren’t Transparent Yet

Less than half of the donations made to the Binance Charity Foundation are accounted for on its website.

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Bitcoin-Rewards App Lolli Expands to 900 Retail Locations

CEO Alex Adelman says the average Lolli user has earned $26 in bitcoin rebates.

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Prosecutors File Formal Complaint Against Infamous BTC-e Crypto Exchange

Prosecutors have filed a complaint against the infamous crypto exchange BTC-e calling a haven for crime.

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Huawei CEO Calls on China to Create a Rival to Facebook’s Libra Crypto

Huawei's CEO said: "Even China is able to issue such currencies, why wait for Libra?"

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IRS Says It Is Sending Warning Letters to US Cryptocurrency Owners

The IRS has begun contacting U.S. taxpayers, warning them about possible back taxes owed on their crypto holdings.

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Lightning Labs Designs Monitoring Tool for ‘Layer 2’ Bitcoin Network

The lightning network, seen as the future of bitcoin payments, is now a bit easier to monitor. This Wednesday, Lightning Labs released a new network analysis tool dubbed “Lndmon” that bitcoin lightning network users can use to pull up data about the state of their node and the rest of the network. The offering features […]

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Croatian Post Trials Crypto Exchange Service Before Possible Wider Rollout

While post offices sometimes offer banking services, Croatian Post is looking at launching a nationwide cryptocurrency exchange service.

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Bull Case for Bitcoin Weakest Since February, Price Indicator Says

The bullish mood in the bitcoin market is at its weakest in five months, according to key technical indicator.

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Abra App to Restrict Services for US Users Over Regulatory Issues

Crypto investment app Abra is cutting back the crypto options for U.S. customers citing "regulatory uncertainty and restrictions" in the country.

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Binance Will Now Sell You Bulk Crypto Orders Over the Counter

The top cryptocurrency exchange by trading volume has launched an OTC service it's calling "block trading."

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Coincheck-Owner Monex Group Moves to Join Facebook Libra

Monex Group, the Japanese financial services company that owns the Coincheck crypto exchange, has applied to join Facebook's Libra project.

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MIT Fellow Accuses Facebook of ‘Lifting’ His Ideas for Libra Cryptocurrency

MIT fellow Alex Lipton claims Facebook borrowed the guts of its Libra project from a paper he co-authored last year.

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Too Sick for Buffett Lunch, Justin Sun Attends Tron Influencer Party in SF

Justin Sun said he postponed the Buffett lunch due to kidney stone. But that didn't stop him from briefly mingling at a Tron party on Thursday night in SF.

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Firm That Monitors Coinbase’s Stablecoin Audited Over $10 Billion in Client Assets

Grant Thornton audited more than $10 billion spread over 40 cryptocurrencies in more than 100 million addresses.

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SEC Clears Blockchain Gaming Startup to Sell ‘Quarters’ Tokens

The SEC has issued a no-action letter to Pocketful of Quarters (PoQ), a gaming startup looking to issue tokens on ethereum.

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DOJ Says Bitcoin Escrow Firm Bilked Investors for $7 Million

U.S. prosecutors have charged the head of a bitcoin escrow company with defrauding investors for $7 million. 

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Bancor Raised $153 Million and Found Actual Users. Why Did Its Token Tank?

Bancor raised $153 million as one of the top initial coin offerings of 2017. With its BNT token trading near all-time lows, here's an update on the project.

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Venezuela Turned Airport Taxes Into Bitcoin to Avoid Sanctions: Report

Venezuelan President Nicolás Maduro and his administration are said to be using proceeds from the airline industry – and cryptocurrency – to avoid sanctions.

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Craig Wright’s Wife Could Testify Under Oath in Ongoing Kleiman Trial

Three witnesses including the self-defined Nakamoto's wife, biographer, and contractual overseer are called to testify.

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‘However Long It Takes’: Zuckerberg Vows to Win Over Regulators on Libra

Facebook's CEO said it will spend "however long it takes" to get regulators on board before launching Libra.

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FBI Suspects Insider Trading Around Long Island Iced Tea’s Blockchain Pivot

The FBI is seeking evidence of insider trading and securities fraud relating to the 2017 blockchain pivot of Long Island Iced Tea, a warrant indicates.

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Crypto Loans Firms Left Thousands of Users’ Financial Data Exposed Online

Crypto loans platform YouHodler left a database with millions of logs containing users' private financial data unprotected, researchers found.

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Bitcoin Price Retakes $10K But Remains Short of Bull Revival

Bitcoin is back above $10,000, but the technical charts indicate a bull revival is still $1,000 away.

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Norwegian Air to Accept Bitcoin Through Exchange Set up By Founder

Business magnate Bjørn Kjos and his family have reportedly set up a crypto exchange and plan to offer bitcoin payments at Norwegian Air Shuttle.

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US Investors Used Loophole to Buy Bitfinex Exchange’s LEO Tokens

Bitfinex says it won't sell its LEO tokens to U.S. investors. But two such entities bought the asset via third parties.

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New Jersey Man Indicted Over Unlicensed Bitcoin Exchange

A resident of New Jersey has been charged for running an unlicensed bitcoin exchange service called Destination Bitcoin.

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Andrew Yang Super PAC Will Accept Lightning-Powered Bitcoin Donations

Supporters of presidential candidate Andrew Yang can now send bitcoin donations to a new super PAC via the Lightning Network.

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Justin Sun Apologizes to Regulators for Over-Marketing the Buffett Lunch

Justin Sun, founder of the Tron cryptocurrency, just issued a public apology in Chinese for his over-marketing conducts over the Buffett lunch.

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TD Ameritrade CEO: We’re Taking ‘Crawl, Walk, Run’ Approach to Crypto

The firm's early investment in derivative platform ErisX may enable the firm to expand their crypto investment opportunities.

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Ripple Sold $251 Million Worth of XRP in Q2, Increasing Total Nearly 50 Percent

XRP's global trading volume dropped 28 percent after CryptoCompare filtered out inflated statistics.

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$500K Round Led by FBG Capital Will Help Dapp.com Build ‘Dapp Store’

Prominent Asian investment firm FBG Capital is backing Dapp.com's attempt to build an easy-to-use "Dapp Store."

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US Treasury Secretary Mnuchin Thinks Outlook for Bitcoin is Bleak

Secretary Steven Mnuchin said, "I will personally not be loaded up on bitcoin in 10 years.”

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Desktop Crypto Mining Malware Is Disappearing but Cloud Computing Exploits Are Growing

A new report suggests that cloud containers are the next target for mining malware.

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REPORT: People in US Trust Bitcoin More Than Facebook’s Libra

Compared with bitcoin, people in the U.S. don't trust Facebook's anticipated new stablecoin Libra, according to a new survey.

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PUBG Players Can Get Crypto Rewards for Winning Games This Summer

Refereum says a partnership with Fortnite competitor PlayerUnknown's Battlegrounds will reward players with the startup's RFR tokens.

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Tech Retailer Newegg Expands Bitcoin Payments to Another 73 Nations

Online electronics and software retail giant Newegg has expanded its bitcoin payments option to a host of new countries in partnership with BitPay.

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Facebook Libra Backers Are Not Official Partners Yet, Says Visa CEO

While Facebook's Libra project was said to have 28 founding partners when unveiled, that isn't quite the case, says Visa CEO Alfred F. Kelly.

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Where in the World Is John McAfee?

We've seen the guns, booze and wild tweets. But now John McAfee is allegedly missing.

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Bitcoin Faces Further Price Losses After Breaching Long-Term Support

Bitcoin is on the defensive for the fourth straight day and may be facing a further drop toward $9,050.

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BitFlyer, Sumitomo Aim to Wrap up the Property Rentals Business With a Blockchain App

BitFlyer Blockchain and Japanese business giant Sumitomo Corporation will develop a blockchain app allowing users to sign rental contracts and more.

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Facebook Libra Hasn’t Responded to Information Request: Swiss Watchdog

Facebook hasn't responded to a request by Switzerland’s data privacy regulator for more details on Libra, despite the project being based in Geneva.

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Civic, BitGo Announce a Consumer Mobile Wallet

The wallet will maintain user's anonymity, but will also be recoverable.

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New York Times Confirms It’s Using Blockchain to Combat Fake News

The New York Times is testing blockchain solutions to authenticate news photos in partnership with IBM Garage.

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Senate Banking Committee to Hold Hearing on Crypto Regulation Next Week

The Senate Banking Committee has scheduled a hearing on cryptocurrency and blockchain regulatory frameworks for July 30.

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New NYDFS Division to Oversee Licensing for Cryptocurrency Startups

The Research and Innovation Division will include an in-house team that supervises cryptocurrencies.

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New York Legislature Names Initial Members to Crypto Task Force

The 6 named members of the state's Digital Currency Taskforce will assist in determining how to regulate, define, and use cryptocurrencies.

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South Korea’s Top Financial Overseer Quits Abruptly

During his tenure Chairman Choi Jong-ku took a hard line against ICOs but enacted some favorable policies towards blockchain businesses.

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WATCH NOW: CoinDesk LIVE Presents Beyond ICOs: The Future of Tokens

In this session of CoinDesk LIVE we'll explore the future of tokens as we move past the ICO Wild West.

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Bitfinex Investor Raising $21 Million for Binance-Style Exchange Cryptocurrency

OTC trader Dong Zhao's crypto lending startup has lined up $21 million in commitments for a BNB-like token sale.

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Genesis’ Lending Surges Again in Q2 – and Not Just in Crypto

Genesis Global Trading's lending business remains on a growth tear, especially its loans of dollars and stablecoins.

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UK Finance Watchdog Mimicked in Crypto Scam Email

British regulator, the Financial Conduct Authority, is being impersonated in an email promoting a cryptocurrency scam.

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Bitcoin Drops Below Long-Term Price Support at $10K

Bitcoin fell below key support above $10,000 earlier today and could be facing a deeper drop, according to price and volume analysis.

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Utah County to Offer Blockchain Voting App in Municipal Elections

Utah County is to pilot the mobile voting app from Voatz in its municipal primary election in August.

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Indian Panel Proposes Fines and Jail Time for Cryptocurrency Use

The panel also encouraged some distributed ledger projects including a government-owned cryptocurrency.

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

Tron’s Justin Sun Denies Media Accusation of Illegal Crypto Fundraise

A Chinese news source said Sun's cancellation of the lunch with Warren Buffett may not be for health reasons as was claimed earlier today.

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German Regulators Approve $280 Million Ethereum Token Sale

German startup Fundament has obtained regulatory approval to sell $280 million-worth of a real estate-backed ethereum token to retail investors.

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

AT&T Fails to Win Dismissal in $24 Million Crypto SIM-Swap Lawsuit

Crypto investor Michael Terpin has won an early victory in his attempt to sue AT&T over a SIM-swapping hack that lost a claimed $24 million.

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Congress Drew a Fine Line Between Libra and Crypto – That’s a First

Lawmakers at last week’s hearings took pains to distinguish Facebook’s Libra from the broader crypto space, showing a new maturity in their approach.

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Tron’s Justin Sun Postpones Lunch With Warren Buffet

Tron founder Justin Sun's hotly-anticipated lunch with billionaire investor Warren Buffett has been postponed.

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Bitfinex Claims ‘New York’ Customers Cited by NYAG Are Foreign Entities

Supposed New York residents and companies that used Bitfinex's trading platform were actually "foreign entities," according to a new filing by the exchange's attorneys.

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Daimler Partners With Riddle & Code to Produce Automotive Hard Wallet

The wallet has implications for ride-sharing, autonomous vehicles, and on-the-go payments, according to the company.

from CoinDesk https://ift.tt/2M4ERnX

Iran Legalizes Crypto Mining

Iran is officially recognizing bitcoin mining as an industry it will regulate and for which it will set electricity rates.

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Domain Name Registrar EnCirca Starts Pre-Registrations for Ethereum Addresses

Like a traditional DNS, the ethereum naming service will allow .eth names to propagate on the internet.

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Robinhood Raises $323 Million From DST, Sequoia, and Ribbit Capital

The $323 million in funding from crypto notables, including Ribbit Capital and Sequoia, brings Robinhood's valuation to $6.7 billion.

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Circle Moves Exchange Operations Offshore With New Bermuda Office

Circle is moving the majority of its Poloniex exchange operations offshore, citing a "lack of regulatory frameworks" in the U.S.

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Bakkt Is Scheduled to Start Testing Its Bitcoin Futures Contracts Today

Bakkt is scheduled to begin testing its bitcoin futures contracts Monday, more than six months after its originally planned launch date.

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Ugandan President Backs Bid to Tackle Fake Meds With Blockchain

Uganda's government is supporting a project using blockchain tech to fight the problem of counterfeit medicines.

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A New Platform Called AFOX Will Tokenize Media Buying Contracts

The Advertising Futures and Options Exchange (AFOX) platform will allow for the tokenization of media contracts and the selling of advertisements in the futures and options markets.

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UK Lawmakers May Probe Facebook Libra Over Privacy, Fraud Concerns

A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users.

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Crypto Exchange QuickBit Confirms Data Breach That May Impact 300,000 Users

The crypto exchange left a database open on the internet and leaked data for up to 300,000 users.

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Bitcoin Price Ends Longest Losing Streak Since December

Bitcoin ended its longest losing streak in seven months over the weekend, but the outlook still remains bearish.

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Crypto Bank FairX Shuts Down Citing Lack of Funds, Bleak Future

FairX, a crypto bank that planned to run on the Stellar network, ran out of steam.

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FINRA Extends Deadline for Firms to Report Crypto Activity

The self-regulatory body for brokers and exchanges has quietly extended its deadline for member firms to report their crypto activity.

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South Korea Estimates 2-Year Losses from Crypto Crimes at $2.3 Billion

Nearly 2.7 trillion won (US$2.3 billion) have been lost to cryptocurrency crimes in the last two years, not including exchange hacks.

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Libra’s Biggest Problem

Facebook's Libra is trying to simultaneously be pro-privacy and pro-KYC; this forms an inherent contradiction.

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Tron’s Justin Sun Invites eToro Founder To Lunch With Buffett

There are only four days left until Tron founder Justin Sun’s lunch with Warren Buffett and Sun has handed out another golden ticket. The lucky winner? Yoni Assia, founder and CEO of eToro. Sun wrote: I'd like to invite my good friend @yoniassia, Founder & CEO of @eToro, to join my lunch with @WarrenBuffett. 4 days […]

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Using the Awesome Oscillator to Find Bitcoin Buy and Sell Signals

While some traders prefer to watch multiple indicators for buy signals on their charts, others prefer a simpler setup like the Awesome Oscillator.

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A Suspect Crypto Site Stole My Identity – and I’m Furious

A site called "US Veteran Token" looks to be using goodwill toward military vets to scam investors. And one of our bios was stolen to promote it.

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Diana, a Blockchain ‘Lunar Registry,’ Attempts to Tokenize the Moon

The cadastral map will offer a chance for everyone to claim a stake in the moon before Jeff Bezos claims it.

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Anchorage Chose South Dakota for Its Crypto Custody – Here’s Why

After a $40 million Series B, buzzy crypto startup Anchorage is setting up a new subsidiary in Sioux Falls, South Dakota.

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Could Donald Trump Ban Bitcoin?

He can try, argues Noelle Acheson – but the risk he might succeed is outweighed by the benefits of the heightened conversation.

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Token Startup Founder Took Steps to Sue Lubin, ConsenSys for $13 Million

The former head of a ConsenSys-incubated startup filed paperwork to sue the venture studio and its founder, Joe Lubin.

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Global Accounting Firm KPMG Partners with Microsoft, R3 on Telecoms Blockchain

KPMG is piloting a way to handle massive amounts of telecom data prior to the full implementation of 5G service. They're trying blockchain.

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R3 Taps Software Sales Vet to ‘Evangelize’ Paid Version of Corda

R3 has hired software sales pro Cathy Minter as chief revenue officer to grow the user base for its paid DLT product, Corda Enterprise.

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Ex-CEO of Crypto Exchange WEX Arrested In Italy

Dmitri Vasilev, the former CEO of now-defunct crypto exchange WEX, has reportedly been arrested in Italy.

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Trademark Troll? Someone Is Trying to Register ‘Samsung Coin’

Someone in South Korea appears to be trying to take advantage of Samsung's blockchain efforts by nabbing the "Samsung Coin" trademark.

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UK Thieves Burgle Bitcoin Center, Find Zilch

A bold maneuver in the dark nets a group of wannabe crypto thieves in Birmingham, UK, very little.

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Binance Jersey Lists Exchange’s New UK Pound-Backed Stablecoin

The Jersey arm of Binance has listed the cryptocurrency exchange's own British pound-backed stablecoin.

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What It’s Like to Review Bitcoin’s Code

CoinDesk dives deep into the complex process of reviewing code for the Bitcoin Core software.

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Short of Target: Bitcoin’s $1K Rally Still Leaves Bear Bias Intact

Bitcoin (BTC) has rallied sharply in the last 24 hours, but the bulls must still beat key resistance just over $11,000.

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New Jersey Takes Online Marketplace to Court Over 2018 Crypto Token Sale

The U.S. state of New Jersey is taking legal action over alleged securities violations by blockchain rental marketplace Pocketinns.

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US Treasury Secretary Mnunchin Says G7 in Agreement on Libra, Cryptocurrencies

“There was a clear agreement ... that Libra in particular raises some very significant concerns, and cryptocurrencies more broadly," said Mnuchin.

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Crypto Exchange BitMEX Under Investigation By CFTC: Bloomberg

Seychelles-based cryptocurrency exchange BitMEX is being probed by the U.S. Commodity Futures Trading Commission over client trades, Bloomberg says.

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Steve Wozniak Has Joined an Energy-Focused Blockchain Startup in Malta

The Apple co-founder has backed a blockchain investment enterprise targeting more efficient use of energy in Malta.

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Altcoins Back on the Rise With Litecoin Leading the Charge

The crypto markets are once again back on the rise with litecoin (LTC) leading the way in the top 10 cryptocurrencies at CoinMarketCap.

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WATCH: ‘Mother of Blockchains’ Defends Facebook’s Choice of Controversial Swiss Foundation

Joshua Ashley Klayman Kuzar sees Libra as a turning point in the march to mass adoption. "Facebook didn't come to congress," she said. "Congress came to Facebook."

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Consumer Advocates Urge Libra Members to Quit Facebook’s Crypto Project

A coalition of consumer advocacy groups urged the Libra Association's 28 member firms to quit the Facebook-led project.

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Privacy Coin Zcash Will Soon Undergo Its First ‘Friendly’ Fork – Meet Ycash

A new privacy coin, Ycash, will be created in a matter of hours. Here's everything you need to know about the spin-off.

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WATCH: Former CFTC Advisor Sees ‘Mistrust’ as Libra’s Fatal Flaw

Scandal after scandal hasn't done Facebook any favors, says former CTFC advisor Jeff Bandman.

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Bitcoin Ransomware That Infiltrated 100 US Enterprises Spreads to China

Bounties demanded by the Ryuk hackers reach upwards of $5 million to be paid in bitcoin, according to the FBI.

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WATCH: A FinTech Lawyer Breaks Down Libra’s Legality

Joel Telpner is chair of the Fintech and Blockchain Practice Group at Sullivan & Worcester LLP and sees Libra's creation as setting a fascinating - and potentially treacherous - precedent.

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Bitcoin Price Jumps $1K In 30 Minutes to Top $10,000 Again

Bitcoin surged $1,000 in just 30 minutes during U.S. trading hours Thursday, a move that found the leading cryptocurrency rising to $10,400.

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WATCH: Lukka CEO Believes in a Future Full of Corporate Tokens

Lukka CEO and investor Jake Benson sees Libra's real value as a guinea pig that will allow regulators to test the limits of crypto.

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Facebook Libra Risks to Financial Stability Demand ‘Highest’ Regulatory Standards, Says G7

The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for regulation.

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LibertyX Surpasses 1,000 Bitcoin ATMs Across the U.S.

The first crypto ATM provider in the U.S. passed this milestone after expanding to 90 new locations in Arizona and Nevada.

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Bitcoin Bounce Capped by $10K Price Resistance

Bitcoin's recovery from one-month lows looks to have stalled near $10,000 and may be short lived.

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WATCH: Investor Nisa Amoils Expects Libra to Reduce Regulatory Risk

Nisa Amoils believes that Facebook's Libra is a platform play.

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Web Search Data Indicates Soaring Interest for Facebook Libra in China

China has emerged as a perhaps surprising leader when it comes to public interest in Facebook's Libra cryptocurrency project.

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Japan Has FATF Green Light to Create ‘SWIFT Network’ for Crypto: Report

Japan is said to be leading the creation of an international cryptocurrency payments network similar to banking network SWIFT.

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For $15K, He’ll Fake Your Exchange Volume – You’ll Get on CoinMarketCap

A 20-year-old college student explains how he made a business of faking trade volumes at crypto exchanges.

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WATCH: Former ConsenSys Fintech Lead Says Facebook Will Rule Crypto Payments

Llanos sees Facebook's rise in the payments space as nearly inevitable. So how can startups compete? He has some ideas.

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Coder Proposes Alternative to Bitcoin’s ‘Notoriously Unreliable’ Testnet

Introduced Wednesday, a new proposal called Signet offers a fresh alternative to bitcoin’s test network. The software plays a crucial role for developers, serving as a place where they can test their apps, to make sure they work reasonably well on the network by putting only test money on the line. Further, protocol developers can […]

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Coinbase Releases New Data Tools for ‘First-Time’ Crypto Investors

A new suite of tools from Coinbase shows how the crypto exchange's top traders are managing their assets.

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Sexual Misconduct Allegations Emerge Against Bitcoin Coder Peter Todd

New court filings have accused former Bitcoin Core contributor Peter Todd of sexual misconduct.

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Swiss Crypto Broker Bitcoin Suisse Applies for Banking and Securities Licenses

These anticipatory steps have been taking in face of a "maturing" regulatory environment, as the firm plans to expand its crypto-related financial services.

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Grin Network Executes First Hard Fork in Bid to Decentralize Mining Power

Wednesday's planned system upgrade for the Grin blockchain tweaked a mining algorithm.

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Lawmakers Amp Up Pressure on Facebook to Halt Libra Cryptocurrency Development

U.S. lawmakers repeatedly pressed Facebook's top blockchain exec to halt development of the Libra cryptocurrency in Tuesday's hearing.

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JP Morgan’s Jamie Dimon: Facebook’s Crypto Isn’t a Short-Term Concern

“We’re going to be talking about Libra three years from now," JPMorgan Chase CEO Jamie Dimon said Tuesday.

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The Case $7.5K Could Become Bitcoin’s New Price Support

The world's most valuable cryptocurrency could find price support at $7,500 – that is if it follows past patterns on the charts.

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Huobi Revamps HUSD Stablecoin to Help Power ‘Fiat On-Ramp’

Huobi is overhauling its HUSD stablecoin in a new partnership with Paxos and Stable Universal.

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Reddit Co-Founder Ohanian Leads $3.75 Million Round in ‘Hearthstone’ Competitor

Horizon Games is announcing a seed round from leading crypto investors as it ramps up production on its flagship game, "Skyweaver."

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Watch Today’s Facebook Libra Hearing at the House Financial Services Committee

Watch the live webcast of the House Financial Services Committee hearing on Facebook's Libra cryptocurrency project.

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Hacked BITpoint Exchange to Refund 50,000 Affected Users in Crypto

BITPoint Japan has said that the roughly 50,000 users who lost funds in its recent hack will be reimbursed in cryptocurrency on a 1:1 basis.

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Overstock’s tZERO Lures New Execs from Barclays and IMAX

The security token platform is strengthening its leadership team with three new hires as it prepares to onboard more tokens.

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Bitcoin Price Looks South After Second 13% Drop of 2019

Bitcoin logged one of the biggest daily price losses of the year on Tuesday, confirming a short-term bullish-to-bearish trend change.

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France’s Financial Watchdog Proposes ‘Voluntary’ Regulatory Framework for Crypto Firms

In exchange for regulatory approval, crypto firms can opt to abide by capital, tax, and consumer protection requirements.

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40-Strong Blockchain Insurance Group B3i Appoints CEO

Insurance industry blockchain group B3i has appointed John Carolin as chief executive officer.

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Cryptofinancier Nexo Partners With Korea’s Terra to Create Loan Platform

Singapore and Switzerland are joining forces to bring crypto lending to East Asia.

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Tether Stablecoin to Launch on 5th Blockchain

The popular and sometimes controversial stablecoin tether (USDT) is to launch on the algorand blockchain.

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It’s Not Up to Facebook to Decide What Libra Is, Ex-CFTC Advisor Says

Security? Payment token? Utility token? Defining Facebook's Libra won't be easy, and it's not Facebook's call, says Jeff Bandman.

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Waves Founder Sells Blockchain Startup to Russian Financial Consultant

Vostok was developed by the Waves platform team and will work to secure data for GHP’s mining, production, and logistics projects.

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Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra

For a panel about a proposed cryptocurrency, Tuesday's Senate Facebook hearing was light on actual crypto talk.

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Cuba Libra? Island Nation Slowly Explores Cryptocurrency Options

Cuba highlights the difference between bitcoin and corporate token projects like Libra.

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German Finance Minister: Facebook Shouldn’t Be Allowed to Compete with the Euro

“The issuance of a currency does not belong in the hands of a private company," according to Germany's finance minister.

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‘Expect Chaos’: Polkadot to Launch Experimental Kusama Network This Summer

Polkadot will be launching an experimental "canary network" called Kusama for early application testing and development.

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CoinDesk LIVE: Unpacking the Libra Hearings

CoinDesk LIVE presents opinions and commentary on Libra's hard road ahead. Join six experts and our own editors for a detailed discussion of the future of Mark Zuckerberg's cryptocurrency.

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Facebook’s Marcus Says He’d Accept 100% of His Pay in Libra

Facebook blockchain exec David Marcus told lawmakers he would be willing to accept 100 percent of his salary in Libra.

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Watch the Facebook Libra Hearing Live Now

Facebook's hearing in front of the U.S. Senate is live online and we will be running commentary all day.

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Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them

Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again.

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Facebook’s Libra Should Be Regulated Like a Security, Says Former CFTC Chair

Former CFTC Chairman Gary Gensler believes Facebook's Libra looks – and should be regulated like – a security.

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Traditional Money Could Be ‘Surpassed’ By E-Money, Stablecoins: IMF Paper

A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.

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Hackers Are Turning Binance’s Stolen Bitcoin Into Fiat

Another tranche of stolen funds have hit exchanges and are being turned into fiat.

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Key Bitcoin Price Indicator Turns Bearish in First Since December

The widely tracked MACD bitcoin price indicator has turned bearish for the first time in seven months.

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Binance Eyes Launch of Crypto Exchange in South Korea

Binance is "working with local partners" on the launch of a branch in South Korea, CEO Changpeng Zhao has reportedly said.

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Crypto Companies Offer Deals to Amazon Prime Day Shoppers

These three blockchain firms are offering discounts in honor of the Amazon ecommerce extravaganza.

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Top Republican Touts Blockchain Privacy as Alternative to Regulating Big Tech

U.S. House minority leader Kevin McCarthy has argued for the use of blockchain networks in protecting users' data from "exploitation."

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Polkadot Tokens Valued at $75 Pre-Launch in Crypto ‘Futures’ Offering

They don't exist yet, but you can soon buy Polkadot tokens from CoinFLEX via a new mechanism: the initial futures offering (IFO).

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Polychain Leads $7 Million Round in Crypto Trading Desk Altonomy

Altonomy, a trading desk and cloud mining company, has raised $7 million in equity investment.

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Huobi’s Burns 116 Percent More Tokens Amid Quarterly Revenue Gains

“There are two big trends reflecting the size of this quarter’s buyback. The first is a rapidly strengthening market for digital assets and the other is the increasing popularity of our entire product line," said Huobi Group CEO, Leon Li.

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Crypto Genius or Fake? The Craig Wright Saga Explained

Craig Wright may or may not be Satoshi Nakamoto but his appearance in court doesn't bode well for the cryptographer.

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US Treasury Secretary Mnuchin Is ‘Not Comfortable’ With Facebook’s Libra

In a press conference Monday, Mnuchin voiced the Trump administration's concerns with Facebook's Libra and cryptocurrencies like bitcoin.

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Set Protocol Launches Ethereum Trading Strategy Bots

The ETH 20 Day Moving Average Set acts as a "tokenized trading bot," said Felix Feng, Set Protocol CEO.

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What to Expect When Congress Grills Facebook on Cryptocurrency This Week

The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions.

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New York Grants Bitlicense to Institutional Crypto Exchange Seed CX

NYDFS has granted two BitLicenses to subsidiaries of Seed CX, allowing the company to offer crypto services to financial firms.

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Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting

Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week.

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Samsung Teams With Banks, Telcos for Mobile ID Network Based on Blockchain

Tech giant Samsung Electronics is joining six other major South Korean firms to develop a blockchain-based certificate and ID authentication network.

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Bitcoin’s Price Could Rise If Facebook’s Crypto Survives Congress Hearings

Bitcoin is under pressure ahead of U.S. congressional hearings on Facebook’s Libra cryptocurrency on July 16 and 17. But what happens next?

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Korea’s Biggest Credit Card Firm Wins Patent for Blockchain Credit System

Shinhan Card has been granted a patent for a blockchain payment system that could reportedly do away with physical credit cards.

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UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime

The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.

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Blockchain Consortium Startup R3 Said to Be Considering an IPO

Blockchain consortium startup R3 is mulling an IPO, according to Bloomberg sources.

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Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing

After a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it's discovered that another $2.3 million is missing. 

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What Trump’s Bitcoin Tweet Changes

Donald Trump took aim at bitcoin last week. He also kicked off a whole new phase in bitcoin's mainstream moment.

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US May Bar Large Tech Firms From Issuing Cryptocurrencies

Lawmakers in the U.S. are discussing a bill that seeks to prevent large technology institutions in the country from issuing cryptocurrencies.

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Below $10K: Bitcoin Price Drops $1.4K in 24 Hours to Hit 2-Week Low

The cryptocurrency markets fell sharply on July 14 after bitcoin endured a $1400 sell-off, denying the bulls a chance to revisit 2019 highs.

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Police Bust Chinese Bitcoin Mining Farm After Surge in Power Usage

Police confiscated over 4,000 mining devices in a 20 person bust.

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Crypto Prediction Market and Derivatives Platform Veil Is Closing

Veil launched six months ago with an Auger protocol to make decentralized predictions on real world events.

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CEO of BitFunder Exchange Gets 14 Months in Prison for Fraud, Obstruction

The operator of BitFunder and WeExchange will serve 14 months in prison after defrauding investors and misrepresenting a hack.

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IRS Confirms It Trained Staff on Finding Crypto Wallets

The IRS may subpoena tech firms like Apple, Google and Microsoft in search of taxpayers’ unreported crypto holdings. 

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Mark Cuban ‘Not a Big Fan’ of Facebook’s Libra

The Shark Tank co-host things Facebook's Libra is a "big mistake."

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Another Crypto Company Wants to Offer Bitcoin Derivatives in the US

Institutional digital assets platform TrueDigital Holdings has announced plans to offer bitcoin derivatives for U.S. investors – if the CFTC approves.

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Binance Destroys $26 Million Worth of Its Team’s BNB Tokens

Binance says it has completed the eight quarterly "burn" of Binance coin tokens – all from its team's allocation.

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Crypto Broker Prasos Wins EU Payment Institution License

The Finland-based crypto firm says it can expand its fiat payment offerings after being granted the license.

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Pullback Over? Bitcoin Bounces $600 From Historically Strong Price Support

Bitcoin has bounced up from historically strong price support, raising the prospects of a renewed push toward recent highs above $13,000.

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Facebook Is Seeking an Economics Researcher for Its Calibra Wallet

Facebook is continuing to grow the team for its Libra cryptocurrency project with the hiring of a new economics researcher.

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The Miami Dolphins Now Have an ‘Official Crypto’ – And It’s Litecoin

The American football team has teamed up with the Litecoin Foundation to accept cryptocurrency payments.

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How Bitcoin Might Help the World’s Oppressed Sidestep Censorship – in Space

An advocacy group is testing out the idea that the combination of bitcoin and orbital communication can help fight news censorship.

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Japanese Exchange Bitpoint Hacked by $32 Million Worth in Cryptocurrencies

Bitpoint, a licensed cryptocurrency exchange based in Japan, has been hacked with $32 million worth in crypto assets stolen from the platform.

from CoinDesk https://ift.tt/2JsG72x

Bitcoin Unaffected as Markets Shrug Off Trump’s Critical Tweets

On thursday evening, the US president stated in a tweet that unregulated crypto assets possess the ability to facilitate unlawful behavior, so far the markets have been slower to react.

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US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin

US President Donald Trump tweeted about bitcoin and Facebook's Libra on Thursday. He's not a fan.

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Fed Chairman Jerome Powell Compares Bitcoin to Gold

Powell compared bitcoin to gold, referring to them both as speculative stores of value.

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Police in Spain Say Bitcoin ATMs Expose Problems in Europe’s AML Laws

Spanish police authorities are raising the alarm because a recent criminal case involved the use of bitcoin ATMs, making their jobs more difficult.

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SEC Gives YouNow’s Ethereum Token ‘Props’ Reg A+ Approval

The U.S. securities regulator has given two blockchain token-centric projects its approval this week.

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110 Crypto Exchanges Are Reportedly Trying to Get Licensed in Japan

In 2019 the Financial Services Agency has approved 3 new exchanges, following a year without any new openings.

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Bitcoin’s 3-Day Price Charts Point to an Impending ‘Golden Cross’

Bitcoin's three-day chart suggests that a "golden cross" is set to occur for the first time since early 2016.

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ConsenSys May Finally Fix Its ‘Chaotic’ Employee Equity Situation

ConsenSys founder Joseph Lubin is responding to employee complaints about how shares in the ethereum venture studio are doled out, sources say.

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Protestors Set Alleged Bitcoin Ponzi Scheme Perpetrator’s Home on Fire

Before shutting down, Bitcoin Wallets' "manager" promised 100-percent returns on investors' money in just two weeks. Then they burned down his house.

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Amazon, Deloitte, Fidelity Partner With IDEO CoLab on Blockchain Accelerator

The new blockchain accelerator is aiming to boost 12 promising startups this year.

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Fidelity Digital Assets Is Hiring 10 More Blockchain and Trading Experts

The crypto-focused branch of the major asset manager is looking to grow its team with the addition of 10 new roles across blockchain and trading.

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China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief

China should revamp its plan for a national digital currency in the face of Facebook's Libra cryptocurrency, says the central bank's former head.

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Wala Was Africa’s Perfect Crypto Success Story – Until It Collapsed

Wala went from serving customers in Uganda to shuttering its payments app. Here's what sources say happened.

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Multicoin, Coinbase Ventures Invest $1.5 Million in ‘Decentralized Flickr’

The investment in Textile is aimed to help developers build tools that give web users control of their own data.

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‘Lots of Shady Stuff’: BitMEX Posts Part of Debate Between CEO and Nouriel Roubini

Dr. Doom and the BitMEX CEO "Tangle In Taipei" in a set of videos.

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Bitcoin Price Drops $2K in 24 Hours But Bull View Still Intact

Bitcoin dropped around $2,000 in the last 24 hours, but the outlook isn't as gloomy as you might think.

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Canada’s Crypto Exchanges Must Now Register as MSBs, Report Transactions Over $10K

Canada has updated its anti-money laundering rules, classing crypto exchanges as MSBs and mandating financial compliance and reporting.

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Winklevoss-backed Crypto Self-Regulatory Group Prepares to Woo Congress

The Virtual Commodity Association has launched six committees to write “well-informed, sensible regulation” for the crypto industry.

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Binance Launches Platform ‘2.0’ as Margin Trading Goes Live

Binance has launched version 2.0 of its platform – a move that officially adds margin trading for its customers.

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Oil Giant Shell Invests in Startup That Uses Blockchain Tech for Energy Tracking

A blockchain startup that says it's working to give energy consumers more choice has raised an undisclosed sum from Shell and Sumitomo Group.

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Bitcoin Dips $1k In 1 Hour As Markets Take A Hit

The cryptocurrency markets fell sharply on June 10 after bitcoin (BTC) suffered another $1000 sell-off, denying a bullish breakout that looked primed to test its recent 2019 highs.

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Blockstack Is Planning One of the First Reg A+ Compliant Token Offerings In the US

The token offering could be a way forward for other startups looking to raise using SEC-approved funding rules.

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US Election Authority Set to Approve Congressional Candidate’s Plan to Issue Ethereum Token

A candidate for Congress wants to reward campaign volunteers and participants with an ethereum-based token. FEC officials are set to give their approval.

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Turkey’s New Economic Roadmap Calls for Central Bank Cryptocurrency

The initiative is part of Turkey's 11th Development Plan aimed at to reinvigorating the national economy.

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Fed Chair Says Libra ‘Cannot Go Forward’ Until Facebook Addresses Concerns

Fed Chairman Jerome Powell said Facebook should not be allowed to launch its Libra cryptocurrency until the company details how it will handle a number of regulatory concerns.

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Metropolitan Bank Says It Shut Down Tether’s Account After 5 Months

Metropolitan Commercial Bank maintained accounts for Tether and affiliated companies for less than half a year before shutting them down.

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Dapp Platfrom Near Raises $12.1 Million From Metastable, Accomplice

The funding round included Pantera Capital, Electric Capital and Amplify Partners.

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Winklevoss Twins’ Gemini Exchange May Join Facebook’s Libra Project

The Winklevoss twins might mend fences with Mark Zuckerberg through the Libra cryptocurrency project.

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Fold App Enables Bitcoin Lightning Payments at Whole Foods, Starbucks

The payments feature will facilitate in-store or online purchases at blue chip retailers including Starbucks, Whole Foods, AMC, Home Depot, and Southwest Airlines.

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Binance-Backed Firm Working to Boost Blockchain Speeds Raises $3 Million

Marlin Protocol, which offers relayer networks to make blockchains faster, has raised $3 million from Binance Labs, Arrington XRP Capital and others.

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Samsung Quietly Releases a Blockchain SDK for Dapp Creation

The SDK melds Dapp creation with a device-based key storage system for private key management.

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Commercial Debt Market Goes Live With Backing From Coinbase Ventures

With Cadence, an ethereum-powered marketplace, institutional and accredited investors can now fund short-term loans to small businesses.

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Sia Network Raises $3.5 Million From Bain Capital to Become Crypto Hulu

Nebulous, the startup behind the Sia network for decentralized file storage, is doubling its staff and focusing on media streaming.

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Visa, Blockchain Capital, A16Z Back $40 Million Series B for Crypto Custodian Anchorage

Institutional crypto custody provider Anchorage just raised $40 million in a Series B round backed by Blockchain Capital, Visa and a16z.

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Bitcoin Price Recovers 85% of Recent Losses With Move Above $13K

Bitcoin bolstered its already bullish technical setup with a move above $13,000 earlier today.

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Blockchain Firm Diginex May Soon List on Nasdaq in the US: Report

The blockchain and cryptocurrency services firm could soon to go public in the U.S. via a reverse IPO, a report says.

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Coinbase Is in Talks to Launch Its Own Insurance Company

Coinbase is exploring plans to set up its own regulated insurance company with the help of broker Aon, sources told CoinDesk.

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Facebook Says It Won’t Launch Crypto in India Due to Regulatory Issues

Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India.

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Singapore’s Stock Exchange Backs New Ethereum Security Token Platform

A new security token platform has launched with backing from Singapore stock exchange SGX and technical help from ConsenSys.

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Goldman Sachs Seeks Executive to Lead ‘Unprecedented’ Digital Asset Projects

Goldman Sachs is looking for a project manager to join its digital asset team, who will be developing road maps for distributed ledger technology.

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Exchange Behemoth Binance Opens Singapore Branch

This is the third exchange within the Binance ecosystem, including Binance Uganda and Binance Jersey.

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Facebook to Senators: Libra Crypto Will Respect Consumer Privacy

Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats.

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LG Expands Blockchain Applications With Food Ledger and Potential Crypto Wallet

LG has experimented with blockchain since 2017 through its many subsidiaries. This is the closest its gotten to releasing a wallet.

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tZERO Tokenizes Atari Founder’s Biopic

The subsidiary of Overstock is attempting to break into the movie business.

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Openfinance Adds Hedge Fund Token Portos to Its Trading Platform

Alternative trading system Openfinance is adding PRTS to its platform.

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$1 Million Loans Are Being Minted on MakerDAO – More May Be on the Way

A bullish ETH market appears to be increasing the number of large collateralized debt positions on MakerDAO.

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John McAfee Offers to Build Cuba’s First Cryptocurrency

The tech guru has wants to be Cuba's crypto advisor.

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Kakao Claims Its New Blockchain Is 15x Faster than Ethereum

Kakao's blockchain subsidiary GroundX says its recently launched Klaytn blockchain can mine a block in as little as a second.

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Multicoin, Binance, Coinbase Invest in Startup Keeping Private Keys Secure

Private key management startup Torus has raised $2 million from some heavy hitters, including Coinbase Ventures, Binance Labs and Multicoin Capital.

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North Carolina’s Lt. Governor Launches Blockchain Initiative

North Carolina Lieutenant Governor Dan Forest has launched an initiative to study the "unique attributes and use-cases" of blockchain tech.

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Bitcoin Price Eyes Move Above $13K as Dominance Rate Hits 2-Year High

Bitcoin’s break above a key price hurdle looks to have set the tone for a retest of recent highs above $13,800.

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Binance Cuts Time Needed for BTC, ETH Deposits and Withdrawals

Binance has just cut the number of block confirmations needed to make withdrawals and deposits in two top cryptocurrencies.

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Bitcoin Mining Difficulty Posts Biggest Jump in 12 Months

Bitcoin mining difficulty has grown faster in the last two weeks than in any period since August 2018, a sign that competition is heating up.

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Polish Crypto Exchange Bitmarket Suddenly Shuts Down

Polish cryptocurrency exchange Bitmarket has just shut down without warning, citing "loss of liquidity."

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Safety Without Silos: Why Businesses Will Learn to Love Public Ethereum

Enterprises are finally realizing that mainnet ethereum is a way to end decades of brittle, balkanized and bespoke system integration, writes John Wolpert.

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NYAG: Bitfinex, Tether Served New York Residents Longer Than They Claim

The New York Attorney General's Office (NYAG) has submitted a series of new evidence to prove the crypto exchange Bitfinex and Tether had served New York customers longer than it claimed. 

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Tron Says Protestors at Beijing Office Invested in Imposter Scheme

The price of Tron tanked Monday on inaccurate rumors of a "police raid" at the company's office in Beijing. The real story was more interesting.

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Fortress Will Buy Mt Gox Creditors’ Claims for $900 Per Bitcoin Owed

Former Mt Gox customers can recoup $900 per bitcoin owed by selling their claims to Fortress Investment Group.

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SEC, FINRA Issue Explanation of Crypto Custodian Approval Delay

The SEC and FINRA are examining issues such as custody and investor protections before they can approve broker-dealer applications by crypto startups, the agencies said.

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Crypto Ponzi Scheme Says It Has ‘No Cash to Pay out’ to Upset Investors

Hundreds of locals who used to eagerly gather outside the Bitcoin Wallet office in Ladysmith, South Africa are now mobbing the office to demand their money back.

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Hyundai’s Token Company Partners With CasperLabs to Build a PoS Blockchain

HDAC, issuer of the Hyundai-DAC token, is working with CasperLabs to move from proof-of-work.

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Indian Police to Get Special Training to Spot Crypto Scams

A new training session seeks to create "domain expertise" for cryptocurrency related crimes.

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Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official

China's central bank could hasten development of its own digital cash to counter the threat posed by Facebook's Libra cryptocurrency, an official says.

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ShapeShift’s New Platform Aims to Make Crypto Self-Custody as Easy as Coinbase

ShapeShift’s new one-stop shop for non-custodial crypto management is launching out of private beta today.

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KuCoin Launches Bitcoin Derivatives Trading With 20x Leverage

IDG-backed cryptocurrency exchange KuCoin has just launched a crypto derivatives trading platform called KuMEX in public beta.

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Bitcoin Price Nears $12K After Rising $500 in Minutes

Bitcoin leaped into the green in the European trading hours, and is now looking to scale key resistance above $12,000.

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Korean Watchdog Warns of Financial Stability Risk From Facebook’s Libra

Facebook's Libra cryptocurrency project threatens the stability of financial systems, according to South Korea's Financial Services Commission.

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Ex-R3 Exec’s New Mission: Run $100 Trillion Fund Trade on Private Blockchains

Former R3 executive Brian McNulty has launched a blockchain startup aiming to streamline fund management.

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Facebook’s Libra Is a ‘Wake-Up Call’ for Regulators, Says ECB Policymaker

Benoit Coeure of the European Central Bank has said projects like Facebook's Libra require faster action from regulators.

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High-Frequency Trading Is New Battleground in Crypto Exchange Race

Crypto exchanges including Huobi, ErisX and Gemini are rolling out the red carpet for high-frequency traders.

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Singapore Proposes to End GST Taxation on Cryptocurrencies

The Singaporean government's taxation agency is proposing to exempt its goods and services tax (GST) on cryptocurrency transactions.

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Facebook’s Libra Lacks Foundational Components for Crypto Key Security

After a review of documentation for the Libra protocol and its planned ecosystem, Steven Sprague believes Facebook left out key security components.

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Crypto 101: Gauging Trend Strength With the Chaikin Money Flow

CoinDesk details the Chaikin Money Flow indicator, which is used to quantify trend strength around volume and market pressure.

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Libra Isn’t a Cryptocurrency. It’s a Glimpse of a New Asset Class

Noelle Acheson argues that Libra is not a cryptocurrency, it’s a security. That in itself is a huge innovation, and perhaps a glimpse of what is yet to come.

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Rising Institutional Investment Setting Pace For Future Crypto Growth

Financial institutions have begun to enter crypto with a quickening pace, setting the tone for the remainder of 2019 and 2020.

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XRP Was Worst Performing Top-10 Crypto in H1 – But BNB Shone

The first half of 2019 brought goods times for cryptos in general, and particularly Binance coin. XRP, though, eked out relatively meager gains.

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Arrington-backed Crypto Loans Firm to Accept Telegram’s Token as Collateral

Cryptocurrency loans firm Nexo says it will accept the gram ICO token from messaging app giant Telegram as collateral.

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Electrum Wallet Is Adding Support for Bitcoin’s Lightning Network

The popular wallet service Electrum is soon to add official support for bitcoin's lightning network, its founder has told CoinDesk.

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Bitcoin Drops 5% Making $12K the Level to Beat for the Bulls

Following another $1,000 drop, bitcoin’s bulls now have target of $12,061 to mitigate bearish pressure.

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Venezuela’s Maduro Orders Top Bank to Make Petro Available to Public

President Maduro has ordered the Bank of Venezuela to open public counters for his controversial cryptocurrency, the petro.

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Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash

A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so would require the country to abandon cash.

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Dogecoin Price Surges 37% Following Binance Listing Announcement

The price of the popular dogecoin cryptocurrency is surging after the announcement that it will soon be listed on the Binance exchange.

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Billion-Dollar Returns: The Upside of Facebook’s Libra Cryptocurrency

If Libra achieves even modest adoption, the payoff for Facebook and its partners could be in the billions.

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Litecoin Outperforms Top-10 Cryptos Ahead of August Reward Halving

With the supply of new coins to be halved in less than five weeks, litecoin is outpacing its peers.

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Twitter Study Finds US Posts Most on Bitcoin and Facebook’s Libra

New research has found that the U.S. leads the world in the volume of tweets referencing bitcoin and Facebook's planned cryptocurrency.

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Scammer Taunts Couple Who Lost Thousands in Bitcoin Fraud

An Australian couple lost over AU$20,000 in a bitcoin scam, and were even taunted by the perpetrator over their losses.

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Brazilian Bank Plans to Use Tezos Blockchain for STOs Worth $1 Billion

BTG Pactual, Brazil's fifth largest bank, plans to utilize the Tezos blockchain for security token offerings potentially worth $1 billion.

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South Korea’s Shinhan Bank Is Cracking Down Harder on Anonymous Crypto Users

New rules make it even harder to create anonymous crypto exchanges in South Korea.

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Bitcoin Eyes Independence Day Price Gains for Fifth Year Running

After clawing back 25 percent of recent losses, bitcoin looks set to close in the green on July 4 for the fifth consecutive year.

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This Artist Explores the Art and Politics of Crypto Culture

The crypto artist has worked with Dorian Nakamoto and recently expanded his reach into South America.

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Fujitsu Develops Blockchain IDs That Score Trustworthiness in Transactions

Fujitsu Laboratories has unveiled digital identity tech that scores users' reliability to increase the security of online transactions.

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IBM, Top Australian Banks to Pilot Blockchain for Retail Lease Bank Guarantees

The blockchain pilot will digitize the bank guarantee process in an effort to tackle fraud and improve efficiency.

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ZenGo Introduces Non-Custodial, Keyless Competitor to Calibra Wallet

ZenGo's product shows how Libra can be held in other wallets.

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Coinsquare, Just Cash Partnership Enables Non-Bank ATM Crypto Transactions

The software upgrade can potentially be introduced to approximately 170,000 machines across America.

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Third Defendant Pleads Guilty in Fake ID-for-Bitcoin Case

A fake ID ring operated between June, 2013, and February, 2018 and may have netted over $4.7 million in bitcoin.

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Facebook’s David Marcus: Libra Crypto Users Won’t Have to Trust Us

In a note published Wednesday, Facebook blockchain lead David Marcus pushed back against calls to stop Libra's development.

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‘Release the Tape!’: Nouriel Roubini Calls for BitMEX CEO Debate Video

The anti-bitcoin NYU professor debated the founder of BitMEX. It didn't go well.

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Blockstream Launches Atomic Swaps on Liquid Bitcoin Sidechain

Blockstream has created an "experimental" tool making it easier for users to trade "trustlessly" between tokens on its Liquid sidechain.

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June Sets Records for CME Bitcoin Futures as Sign-Ups Surge 30%

CME's bitcoin futures product is increasing in popularity, with June setting a record for open interest amid a surge of new account sign-ups.

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Casa Launches Lightning Node Mobile App for Bitcoin Newbies

Casa's new wallet aims to help aspiring cypherpunks graduate from getting their first bitcoin to running their own lightning node.

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‘Moderation Bot’ Blacklists Telegram Users to Tackle Crypto Scams

Blockchain advisory firm AmaZix is launching a "moderation bot" to help stamp out cryptocurrency scams on popular messaging app Telegram.

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Bitcoin Rallies By $2K But Bulls Still Aren’t Out of the Woods

Bitcoin has risen sharply in the last 24 hours, but a key price hurdle must still be passed to confirm a bull revival.

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UK Finance Watchdog Takes Step Toward Ban on Crypto Derivatives, ETNs

The U.K.'s Financial Conduct Authority is now consulting on a ban of cryptocurrency-based derivatives and ETNs in a bid to protect investors.

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Now Japanese Regulators Are Getting Anxious About Facebook’s Cryptocurrency

Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency.

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Sanctions-Hit Cuba Eyes Cryptocurrency as Solution to Financial Woes

Cuba has announced it is considering the use of cryptocurrency in order to bolster its finances amid U.S.-led sanctions.

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eToro Is Adding the First ERC-20 Crypto Tokens to Its Wallet – 120 of Them

The eToro cryptocurrency wallet is rolling out support for 120 ERC-20 standard tokens, starting Tuesday with MKR, BAT and OMG.

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4 US Lawmakers Join Call to Freeze Facebook’s Libra Project

Several House Democrats called for a moratorium on Libra development in a letter to Facebook executives on Tuesday.

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US Watchdog Groups Call for Congress to Put a Freeze on Facebook’s Libra

A group of privacy and consumer watchdogs is asking the U.S. Congress to halt Facebook's Libra project.

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UK Regulators Want a Long Look at Libra, Admonish Facebook’s Mantra to ‘Move Fast, Break Things’

The startup mantra just won't cut it with U.K. regulators.

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BitFlyer to Resume Opening New Accounts After One Year Voluntary Suspension

BitFlyer suspended its exchange service after an inquiry from Japan's Financial Services Agency.

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Nestle Announces New Blockchain Initiative Separate From Ongoing IBM Project

The largest food company by revenue has doubled down on blockchain pilots.

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Ethereum Leaders Are Slowly Courting Gulf Coast Royals and Investors

The Ethereum Foundation and ConsenSys are both working to bring blockchain technology to the Middle East.

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U.K. Regulators Approve First Cryptocurrency Hedge Fund

The fund was founded in 2017 by former BlackRock and REW AG employees.

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Bitfinex Repays Tether $100 Million of $700 Million Loan

Bitfinex said it has paid back $100 million of the $700 million borrowed from stablecoin issuer Tether.

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CloudFlare Outage Takes Down Coinbase, CoinMarketCap and Other Top Crypto Websites

The outage hit multiple major exchanges and information sites.

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Gemini to Apply for Broker-Dealer License in Bid to Trade Crypto Securities

The Winklevoss-owned cryptocurrency exchange Gemini is applying for a broker-dealer license from FINRA.

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Former Ripple Exec to Lead Binance’s US Expansion as New Exchange CEO

The operator of Binance's upcoming U.S. crypto exchange has hired a former Ripple executive to lead the roll out of the new platform. 

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Planned Solution for FATF ‘Travel Rule’ Compliance Keeps User Data Private

CipherTrace is teaming with Shyft on a blockchain solution to help crypto firms meet tough new standards from the Financial Action Task Force.

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Huobi to Target Decentralized Finance With New Public Blockchain

Huobi Group is building a "regulator-friendly" public blockchain specifically designed for use cases within decentralized finance.

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IBM-Maersk Shipping Blockchain Gains Steam With 15 Carriers Now on Board

IBM has recruited two more major shipping carriers to join the blockchain platform it owns with container giant Maersk.

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Bitcoin Price Dips Below $10K With Deeper Losses Likely

Bitcoin was trading below $10,000 on exchanges for the first time in 11 days Tuesday morning, and may face further losses ahead.

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Russia’s Largest Bank Is Quitting Central Bank’s Blockchain Project

Enterprise blockchain project Masterchain is falling short of expectations – and Russia's largest bank is quitting in frustration.

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Binance Exchange Is Launching Crypto Futures Trading Platform

Binance is planning to roll out futures trading and a test version could be launched in about two weeks time from now.

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Longenesis Brings South Korean Medical Records to the Blockchain

A new partnership lets patients and doctors store medical records privately on the blockchain using Bitfury's Exonum platform.

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TD Ameritrade-Backed ErisX Gets Green Light to Settle Futures in Bitcoin

The CFTC just granted ErisX a derivatives clearing organization license, clearing the way for it to launch bitcoin futures contracts.

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All Time Lows by Lil Bubble Captures the Spirit of the Moment as Altcoins Fail to Keep Pace

From the creator of When Moon comes another blockchain banger.

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Blockchains.com Founder Purchases Community Bank to Finance Blockchain Dreams

Blockchains CEO Jeffrey Berns hopes the bank will fund not only his vision, but the blockchain industry's.

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Facebook’s Inches Towards Global Regulatory Compliance, Applies for New York BitLicense

If the project is to be truly global, Facebook may need “literally hundreds, perhaps thousands, of licenses from hundreds of different regulators,” said Sean Park.

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Bitcoin’s ‘Kimchi Premium’ Returns With $1K Price Spreads on Crypto Exchanges

Bitcoin may be back over $10,000, but the price increase is bringing with it similar market inconsistencies as seen in the cryptocurrency’s meteoric 2017 ascent. At press time, bitcoin prices in South Korea are once again trading at a notable premium to Western exchanges. The spread, popularly known as the “Kimchi Premium” after a Korean […]

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Monarch Unveils a Marketplace and Crypto Trading Platform

Monarch aims to streamline the crypto industry by offering a suite of services while supporting 1,900 different currencies.

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Russia Won’t Ban Facebook’s Libra Currency, Deputy Finance Minister Says

The Russian Ministry of Finance will not issue special regulations for Facebook's upcoming cryptocurrency, an official said.

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S&P 500 Gains Can Earn You Bitcoin on New Bain Capital-Backed Exchange

Crypto derivatives exchange EverMarkets is opening its doors to customers worldwide, with trades collateralized in bitcoin.

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Metronome Now Lets Users Move Tokens Between Blockchains

Co-founder Jeff Garzik says the insistence on one currency to one blockchain introduces unnecessary risk for token holders.

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Bitcoin Charts Hint At Price Pullback to Below $10K

With technical charts flashing signs of buyer exhaustion, bitcoin risks falling to levels below $10,000 this week.

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Deutsche Börse’s Xetra Exchange Lists First Blockchain Firm

Xetra, a Deutsche Börse-operated trading venue for financial assets such as stocks and ETFs, has just listed its first blockchain company.

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BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’

The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.

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