The Crypto ‘Trichotomy’

The crypto space has split into three different areas, and the term “crypto” no longer applies to all of them, argues Tim Enneking.

Hot Stories

A Top-20 Crypto Exchange Is Replacing Tether With a Rival Stablecoin

Tether, despite questions surrounding its finances, remains the dominant stablecoin. Following a recent announcement, is that starting to change?

Australia Cracks Down on Misleading and Deceptive Initial Coin Offerings

Australia’s financial regulator is cracking down on deceptive and misleading initial coin offerings (ICOs), citing “a serious breach of the Australian law.” As a result of the regulator’s inquiries, some issuers have halted their token sales or are modifying their structures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space ASIC Takes Action Against ICOs…

Iran Could Ban Bitcoin for Payments, Central Bank Report Suggests

The Iranian central bank has drafted a new report outlining cryptocurrency regulations in the country.

Judge Appoints 2 Law Firms to Represent Quadrigacx Clients

Two law firms have been appointed to represent the clients of insolvent Canadian crypto exchange Quadrigacx in court. The number of affected users has been estimated at approximately 115,000 and lawyers will have to contact as many as they can. The digital asset trading platform owes them approximately $190 million. Also read: Hacked NZ Exchange…

Russian Parliament Postpones Adoption of Digital Assets Bill

The State Duma, the lower house of Russia’s parliament, has postponed the second reading of a long-awaited bill intended to regulate cryptocurrencies in the country. Lawmakers will review the draft law “On Digital Financial Assets” during the spring parliamentary session next year, the house deputy speaker Sergey Neverov announced. Also read: Transnistria Welcomes Crypto Miners,…

Ethereum Could Soon Launch Its First Casper Testnet

An experimental consensus algorithm that's long been proposed as a pillar of the ethereum protocol could soon see its first testing.

Rapper Soulja Boy Brags About Bitcoin Gains in New Rap Track

Soulja Boy is diving head-first into the crypto world with a song titled "Bitcoin" off his latest track.

Kazakhstan wants to launch its own cryptocurrency G-Global based on the intellect.

The President of the Republic of Kazakhstan Nursultan Nazarbayev announced the intention to create a world cryptocurrency that will be based not on abstract trust but will be secured by specific assets, will be democratic and transparent. The new cryptocurrency will be called G-Global. “It will help the world get rid of monetary wars, black-marketeering…

BitConnect Token Loses 90% Amid Exchange Closure Announcement

The post BitConnect Token Loses 90% Amid Exchange Closure Announcement appeared first on CCN BitConnect, a once-promising crypto entity, has lost nearly 90 of its value, as its price has fallen to $26.00 in the wake of announcing the closure of its exchange and lending operation amidst legal problems with U.S regulators. The currency’s market…

MUST READ

Regulation

‘Not a White Paper’: Marketing Document Details $1 Billion Bitfinex Token Sale

New details are emerging about a planned $1 billion token sale to be held by iFinex, the parent company of Bitfinex and Tether, two cryptocurrency companies currently being sued by the state of New York for allegedly covering up a $850 million loss in customer funds. Released today on Twitter by known company shareholder and…

Tip Bitcoin Cash Effortlessly on the Web With the Money Button

Ryan X Charles, the founder of Yours.org, has been talking a lot about a new bitcoin cash-powered tipping plugin for websites called Money Button. According to Charles, the Money Button software is almost complete and the developer plans to launch the tipping button for websites soon. On September 6 the software programmer showed a preview…

Japanese Regulator Clarifies Stance on Bitcoin ETFs and Derivatives

Japan’s top financial regulator has clarified to news.Bitcoin.com its stance on bitcoin exchange-traded funds (ETFs), cryptocurrency derivatives, and upcoming regulatory changes. This follows reports that the agency may be considering approving an ETF that tracks cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Bitcoin ETFs and Derivatives Following recent reports…

Cambodia’s Crypto Industry Marches Forward Despite Legal Grey Area

Cambodia’s cryptocurrency sector appears to be marching forward, despite the absence of clear regulatory guidelines pertaining to virtual currencies.  Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018 Regulatory Ambiguity Fails to Deter Cambodia’s Cryptocurrency Sector A report published by The Phnom Penh Post suggests that Cambodia’s virtual currency industry is pressing forward in spite of…

Facebook Contractor Spies on Horrified Moderators. When Does It End?

Facebook released a video last year apologizing for its data misuse that likely swayed the 2016 election. It ends by saying “if this place does what it was built for, we all get a little closer.” That is the problem, Facebook. It's time to back off. The Intercept just released an exposé detailing how managers…

Warning: This John McAfee-Pumped Cryptocurrency Has Major Red Flags

By CCN.com: Another day, another John McAfee tweet pumping a cryptocurrency project that has alarming red flags. The latest dubious crypto token is called Apollo, an “all-in-one” cryptocurrency with supposedly-private transactions. Crypto Developers Call Out McAfee-Linked Apollo However, according to crypto development firm Jelurida, Apollo’s so-called privacy features promoted are not so private after all.…

Mining

Above $300: Ether Price Clocks 10-Month High

The price of ethereum’s native cryptocurrency ether surpassed $300 today to hit ten-month highs.

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

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

$600 Fraud? Fake ICO White Papers Draw Scrutiny in China

A report from China's Beijing News says copywriters in China are offering to fabricate ICO white papers for a fee.

Thailand Greenlights Japanese Exchange to Operate 4 Crypto Businesses

The Thai government has issued four licenses to a new crypto exchange. Prior to this, only existing exchanges that were in business before the country’s crypto regulation took effect were approved. The first licensed new exchange in Thailand is a subsidiary of a regulated Japanese exchange, Bitpoint. Also read: SEC Chair Explains Key Upgrades Needed…

Crypterium Introduces Global Crypto Payments Card

The card offers zero fees for bitcoin, ethereum, and litecoin transactions.
Please install the Cryptocurrency Price Ticker Widget

LATEST POSTS

Back Above $4K: Bitcoin’s Price Hits a Two-Week High

The price of bitcoin is trading above $4,000, its highest level in two weeks, a move that was backed by strong volume.

Russia Developing Own Mining Pools

The Russian crypto association is working on two projects to create mining pools offering better conditions to the local mining companies. The industry has seen robust growth with 70,000 enterprises currently operating in the field. Miners are taking advantage of the cheap electrical energy produced in Russia. Many companies believe it’s time to legalize all…

Bitcoin Exchange Coinbase Launches SegWit Compatability

The post Bitcoin Exchange Coinbase Launches SegWit Compatability appeared first on CCN Coinbase have announced that the site will now be implementing SegWit on Bitcoin deposits and withdrawals. The transition is being implemented over the coming week, and should improve transaction speeds and lower fees. SegWit was introduced August of last year through BIP 141 (Bitcoin Improvement Proposal),…

Major Banks Sign Up for New EU Commission Blockchain App Association

The European Commission, the EU's executive body, is launching a blockchain app association next year and already has major banks on board.

Digital Asset Loses Second CTO in 6 Months as Startup Shake-up Continues

James Powell, CIO and CTO of engineering at Digital Asset, has left the enterprise blockchain startup after just six months.

Future of Cryptocurrency in India Uncertain, Fate to be Decided in Summer

India, one of the largest countries in the world with a population of 1.3 billion potential future users of cryptocurrencies, remains in a legal limbo as cryptocurrency exchanges await more clarity from the Reserve Bank of India (RBI) and the country’s supreme court. Operators have recently been barred by banks, under orders from the central…

UK Financial Game Show Uses Comedy & Bitcoin to Entertain, Inform

Who is the richest person in the world? Who said, “It costs a lot of money to look this cheap?” Where do they drink the most alcohol per capita? Ireland, Scotland, Russia or France? Readers who immediately answered just might be perfect guests on Dominic Frisby’s Financial Game Show, launching in the United Kingdom. Prizes…

Ethereum Price Analysis: ETH Facing Uphill Task Near $105 Resistance

ETH price declined recently, tested the $100 support, and later recovered against the US Dollar. There is a major bearish trend line formed with resistance near $105 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to face a strong resistance near $105 and the 100 hourly simple moving average.…

CoinMarketCap Says Data Glitch Boosted Its Crypto Price Numbers

A "price calculation error" on CoinMarketCap led the site to list inflated prices for several coins on the platform.