Following the Fourth of July holiday in the United States, Bitcoin traders were split on the opinion as to whether the first major rally of 2018 had arrived in earnest. Traders who favor technical analysis had high hopes that Bitcoin would reach the psychological mark of $7,000; however, market forces […]
With the advent of Bitcoin futures contracts and the potential for cryptocurrency exchange-traded funds getting Wall Street approval in the future, volatility is starting to decrease in the markets, which means that stakeholders can return to focusing on adoption and circulation. Spread of Cryptocurrency Integration Development Over the last few […]
The Chief Financial Officer of the Sunshine State has introduced a Cryptocurrency Oversight Initiative that would appoint an official to handle matters related to blockchain monetary tokens. Florida CFO Jimmy Patronis believes that the state’s various tech hubs are moving quickly in the direction of blockchain development, which merits involvement […]
Just as Americans were preparing to enjoy their Independence Day holiday, Bitcoin investors were busy following the cryptocurrency markets and taking long positions as hints of a long-awaited rally appeared to materialize. Signs of Rallying Prices The very first trading session of July resulted in a quick price recovery for […]
As the third week of June 2018 came to an end, the price of Bitcoin reached a new low for the year. On the major cryptocurrency exchanges, Bitcoin was trading below the $6,000 mark, and some analysts believe that this downward trend could extend a few more weeks, which means […]
The Chinese Ministry of Industry and Information Technology recently published the second edition of the Global Public Chain Technology Evaluation Index, a report that looks at 30 cryptocurrencies and ranks them according to their performance and development. The June report puts EOS at the top of the list, followed by […]
The United States Securities and Exchange Commission has determined that the cryptocurrency known as Ethereum does not meet the definition of an investment security, thereby clearing the way for the Chicago Board Options Exchange as well as the Chicago Mercantile Exchange to develop ETH futures contracts. ETH futures contracts have […]
The world of cryptocurrency trading and development is getting the Hollywood treatment with a new film that is expected to debut next year. “Crypto” is a thriller currently undergoing development by Yale Productions; the film will be directed by John Stalberg Jr., who is known for his work on the […]
Hypothekarbank Lenzburg, a staid bank based in Switzerland, is now accepting commercial accounts from business entities that deal in cryptocurrencies. Hypothekarbank is known as a traditional mortgage lender with a history dating back more than a century; it is widely considered to be a legacy institution in a country that […]
Major Latin American bitcoin exchange, Buda, recently suddenly become the subject of a banking embargo in Colombia, according to local reports. Buda similarly experienced the termination of its Chilean banking services in March of this year.
Also Read: Six Major Banks in Chile Sued by Another Cryptocurrency Exchange
Buda Suffers Termination of Banking Services in Colombia Buda, a Latin American bitcoin exchange formerly known as Surbtc servicing the Argentinian, Chilean, Colombian, and Peruvia..
Digital Jersey has signed an MOU with Binance to launch a crypto exchange and promote blockchain initiatives on the island of Jersey.
Digital Jersey, an independent organization that represents Jersey’s digital industries, has signed a memorandum of understanding (MOU) with cryptocurrency exchange Binance, according to a press release published June 11. Per the terms of the MOU, the two firms aim to develop a compliance base and cryptocurrency exchange on the island.
Digital Jersey will report..
Financial Action Task Force to develop new binding rules for crypto exchanges
The Financial Action Task Force (FATF), the international group that combats money laundering and terrorism financing, will start developing binding rules for crypto exchanges in June, a Japanese official familiar with the matter told Reuters June 12.
The new rules would be an upgrade to the non-binding resolutions which were adopted by the FATF in June 2015. The FAFT will consider whether existing guidelines on anti..
Japan’s police are reportedly investigating a case of illegal cryptojacking with Coinhive software, defendants argue it was a method of traffic monetization.
Japanese police are investigating a case of cryptojacking that involves Monero-mining software Coinhive, sources familiar with the matter told local news outlet Mainichi June 12.
Investigators suspect that the alleged culprits are in violation of the law banning the use of computer viruses. According to the sources, the suspects involved ..
The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U.S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). In the article, Mrs. Bair argues that the development of a state-issued cryptocurrency could “reduc[e] the risk of financial crises” and “improv[e] monetary policy tools.”
Also Read: Twitter Experience Worsens, Ether Fake Giveaways Taking Over
Sheila Bair Authors Article Advocating C..
The US Congress has proposed a bill calling for the study of crypto usage in sex and drugs trafficking.
The US House of Representatives Financial Services Committee has proposed a bill today that would initiate a study on how cryptocurrencies are used in sex trafficking.
Should the bill be approved and signed into law, it would require the Comptroller General of the US to research how “virtual currencies and online marketplaces are used to buy, sell, or facilitate the financing of goods or ser..
Leading players from Switzerland's financial, technological, academic, and legal sectors have formed a new organization to promote blockchain technology.
A new organization called the Capital Markets and Technology Association (CMTA) has been formed in Switzerland in order to facilitate the use of blockchain technology in financial markets, according to a press release published June 12.
The CMTA was established in Geneva by Swiss leader in online banking Swissquote, market software provi..
President of the German financial regulator BaFin said that they will prioritize systemic risks with crypto regulation, not individual investors
Felix Hufeld, President of the Federal Financial Supervisory Authority in Germany (BaFin), said the primary role of his regulatory authority is not individual investor protection, but the preservation of overall financial stability, Cointelegraph auf Deutsch reported today, June 12.
While the role of BaFin is to protect consumers and maintain general ..
Following the announcement by South Korean crypto exchange Coinrail that it has been hacked, a local publication reported that some banks had identified suspicious transactions at the exchange and stopped providing services to company months before the incident.
Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space
Suspicious Transactions Detected South Korea’s seventh-largest cryptocurrency exchange, Coinrail, announced that it was hacked on Sunday, June 10, with the thieves targeti..
Over the past six months, cryptocurrencies have been steadily entering the mainstream world more and more by being featured on billboards, newspapers, radio broadcasts and television shows. Now, this July residents from the New England region will be able to hear a weekly radio broadcast called Cryptomania which aims to educate the masses about the benefits of cryptocurrencies and broadcasts every Saturday on Boston’s FM radio signal 104.9.
Also Read: Canadian Exchanges to Report Transactions O..
A new partnership has been announced between Korea University and a subsidiary of major cryptocurrency exchange Huobi
Korea University is teaming up with the South Korean subsidiary of crypto exchange Huobi for “industry-academia” cooperation in the field of blockchain development, Seoul Daily reports, June 12.
The agreement between one of South Korea’s most prestigious universities and Huobi Korea seeks to bridge academic research of the innovative technology with products useful for the indu..
Exchanges have been a weak spot in bitcoin going back to the Mt. Gox days. It is a decentralized currency, so why do so many people store their coins in centralized depositories? There are a lot of reasons, chief among them are ease of use and accessibility. Most of the time it is just laziness. […]
The post Decred Proposes a DEX Without a Blockchain appeared first on Coinjournal.
A leading blockchain professional service company has announced that it has hired senior bankers from investment firms JPMorgan and Jefferies Financial Group to lead a new blockchain strategy and advisory division. Wachsman, with offices in New York and Dublin, has the world’s largest blockchain-focused public relations team, who have helped over 100 organisations to achieve […]
The post PR Firm Hires Investment Bankers from Jefferies and JPMorgan to Lead Blockchain Strategy Advisory Division a..
Cryptocurrency exchange and investment platform eToro is attributing yesterday’s nearly $1000-dollar USD price drop for bitcoin to a technical correction in the market. Though many have differing thoughts on why the price has dropped, most are in agreeance that the hacking of CoinRail, an exchange with a tiny share of the Korean market is not […]
The post Is Bitcoin’s Price Drop a Technical Correction? appeared first on Coinjournal.
Women are leading the way when it comes to considering new investments in cryptocurrency, with figures doubling in the last six months, a new study has found. The market research was conducted by London Block Exchange (LBX) – the U.K.’s only dedicated multi-cryptocurrency exchange. LBX commissioned Opinium Research LLP to carry out online research among […]
The post Study: Women Make Up the Numbers for New Cryptocurrency Investors appeared first on Coinjournal.
“The whole thing was going haywire, even the brakes failed. Very scary.” said a driver after an automotive security company hacked his vehicle in a controlled environment. With more than 125 million cars set to be connected globally by 2022, and Gartner predicting that a fifth of all cars will have WiFi by 2020, security is […]
The post Why Connected Cars Need a New Approach for Security appeared first on Coinjournal.
Blockchain security company BitGo has been a leader in the crypto space since the company’s inception in 2013. BitGo offers a suite of products for institutions and individual cryptocurrency holders including web wallets, institutional custody services, cold storage solutions, and private blockchain construction. The company began by offering the first multisig Bitcoin wallet and has […]
The post Ben Chan Discusses The Future Of BitGo appeared first on Coinjournal.
Cryptocurrencies have grown popular of late and attracted an increasing number of thieves looking to capitalize on the crypto frenzy to lure naive investors and unvigilant users. According to cybersecurity firm Carbon Black, the illicit, dark web economy for cryptocurrency-related malware development and sales now represents a US$6.7 million economy. Research conducted by the firm […]
The post Research Finds “Crypto Theft” Markets are on the Rise appeared first on Coinjournal.
Cryptocurrency hardware wallet manufacturer KeepKey has launched native support for ERC20 tokens, now allowing users to send, receive and exchange between 30 ERC20 tokens including Augur, Bancor, Numeraire, and District0x, directly on their KeepKey device. Through its native ERC20 token support, KeepKey users can create and view raw transactions directly on the device without connecting […]
The post Crypto Hardware Wallet KeepKey Launches Native ERC20 Token Support appeared first on Coinjournal..
The biggest cryptocurrency exchange in the U.S. has announced that it is on track to list SEC-regulated crypto securities, pending approval from federal authorities. Asiff Hirji, president and chief operating officer at San Francisco-based exchange Coinbase, revealed the company’s intentions. If approved, Coinbase will soon be able to offer blockchain-based securities, under the oversight of […]
The post Coinbase Announces Plans to List SEC-Regulated Crypto Securities appeared first on Coinjour..
A first-of-its-kind think tank is aiming to bridge the gap between creative and emerging technology industries such as the blockchain. The Digital Future Council is where media, advertising, and technology meet to ‘ignite meaningful debates and conversations, formulate tangible advice, and promulgate best practices for the global marketing and advertising communities when integrating new technologies,’ […]
The post Top Execs from eBay, The Lego Group, IBM Join Digital Future Council to Discuss ..