News

A cryptocurrency stealing app found on Google Play was downloaded over a thousand times  TechCrunch

Researchers have found two apps masquerading as cryptocurrency apps on Android's app store, Google Play. One of them was largely a dud. The second was ...

Cryptocurrency market update: Bitcoin and major altcoins consolidate losses, bearish sentiments are dominant  FXStreet

The cryptocurrency market is consolidating losses after a plunge during late US hours on Wednesday. The total capitalization of all digital coins in c.

Rabobank is the second major bank to cancel its cryptocurrency wallet  The Next Web

After exploring the opportunity last year, major Dutch bank Rabobank has decided it's not going to take its plans for a cryptocurrency wallet any further.

How can cryptocurrency improve cross-border payments?  Yahoo Finance

Bitcoin can be viewed as an uncensorable form of money that can be sent by anyone to anywhere in the world. It can be sent much cheaper and more quickly ...

Nonprofits turn to cryptocurrency to help Venezuelans in need  NBC News

A handful of charities are using digital currencies to send relief directly to Venezuelans, where it's estimated the annual inflation rate is a staggering 67000%.

European Authorities Shut Down Cryptocurrency Mixing Service  OCCRP

Dutch and Luxembourg authorities,in collaboration with Europol, have shut down one of the best cryptocurrency mixing services in the world, Europol ...

Cryptocurrency Market Enters Sharp Correction as Bitcoin Risks Harder Fall  Hacked

Bitcoin and the broader cryptocurrency market entered into a sharp correction on Thursday, paving the way for more sustained losses in the very near term.

Insured Cryptocurrency Custody Services and Their Potential Impact: The Key to Institutional Investment Growth?  Cointelegraph

Global Conglomerate Believes Insured Custody Services to Be the 'Key' to Cryptocurrency Institutional Investment Growth.

Cryptocurrency market update: Bitcoin and major altcoins stay green, Bitcoin SV defies gravity  FXStreet

Bitcoin and al major altcoins stay bid during early Asian hours on Wednesday. The total capitalization of all digital coins in circulation hit $250 bi.

Just 376 Individuals Hold 33% of All Ether Cryptocurrency: Chainalysis  CoinDesk

A third of all ether, ethereum's native cryptocurrency, is owned by just 376 whales as of May 1, new research indicates. Blockchain analysis startup Chainalysis ...

55,000 Brazilians scammed out of $200M+ worth of fake cryptocurrency  The Next Web

A Brazilian crime ring has been shut down after conning over 55000 investors for over $200 million by promising fake returns on cryptocurrency investments.

Facebook Registers Secretive 'Libra' Cryptocurrency Firm in Switzerland  CoinDesk

According to a Reuters report, Facebook registered a new company, Libra Networks, in Geneva on May 2. This coincides with the slow roll-out of their internal ...

Platform Allows Users to Send and Receive Cryptocurrency With Gadget of Their Choice  Cointelegraph

The team behind a private digital currency for secure payments says its goal is to make every consumer their own bank — enabling them to send and receive ...

Russian Sberbank Demands Client Provide Data on Cryptocurrency Revenue  Cointelegraph

Russia's largest bank Sberbank has requested that a client provide information on their income from cryptocurrency, the Russian version of Forbes reported on ...

Brazil Shuts Down Cryptocurrency Pyramid Scheme That Defrauded 55,000 of $200 Million  Cointelegraph

Brazillian police have arrested ten people suspected of operating a cryptocurrency pyramid scheme worth 850 million reals ($210 million), local news media ...

Top Cryptocurrency Coin Mixer Seized; Grayscale Has 'Big News'; CME Group Bitcoin Futures High Continues  CryptoGlobe

Today's crypto news: European authorities in a world-first seizure of cryptocurrency coin mixer; New York's Grayscale Investment to drop "big news" today; ...

This Coinbase-Backed Cryptocurrency Surged 75% in a Single Day  CCN

A little-known cryptocurrency backed by Coinbase surged 75% in a single day, and it may be due to a surprise announcement from Binance.

Bitcoin [BTC]: Israel classifies the world’s largest cryptocurrency as an asset, and not as a currency  AMBCrypto News

The acceptance and adoption of Bitcoin [BTC] as a mainstream form of payment has been the main focus of a lot of proponents in the space, with some regions ...

The Ledger: AT&T Blamed for Cryptocurrency Hacks, 'Game of Thrones' Meets Crypto, Barry Silbert Talks Bitcoin  Fortune

Last week was blockchain week in New York, and on Wednesday I was at the Consensus conference to moderate a couple of panels, one of which was titled ...

Bitcoin Pizza Day: How a hungry Florida man made cryptocurrency history  The Next Web

Nine years ago today, the first ever Bitcoin transaction for a consumer product took place after a Florida man spent 10000 BTC on two pizzas.

South Korean Cryptocurrency ICON Poised For Big Year  Seeking Alpha

ICON is one of the more known crypto projects in South Korea, a nation known for being crypto forward It has revealed an impressive and immersive roadmap ...

SEC Shuts Down Ponzi Scheme Which Duped 300 Into ‘Diamond-Backed’ Cryptocurrency  Cointelegraph

The United States Securities and Exchange Commission (SEC) has halted a confirmed cryptocurrency Ponzi scheme after it took funds worth $30 million, the ...

Australian civil servant faces 10 years for mining cryptocurrency on government computers  The Next Web

An Australian government employee is appearing in court today after using work equipment to mine cryptocurrency for his own gain.

Ripple’s Brad Garlinghouse talks cryptocurrency on Kara Swisher podcast  Vox.com

Garlinghouse's company sells the software to banks to let them transact on blockchain, which means he spends a lot of his time reassuring people that the Silk ...

No Borders, Inc. (Ticker: NBDR) Announces Coinbase Payments Integration - Now Accepting Cryptocurrency for CBD and Medical Equipment  Associated Press

Press release *content* from Globe Newswire. The AP news staff was not involved in its creation.

The economy of cryptocurrency networks  Yahoo Finance

There's been much talk around cryptocurrency networks recently, especially with the expected launch of traditional media platform cryptocurrencies such as the ...

Cryptocurrency market update: To the moon?  Yahoo Finance

At the time of writing, the positive momentum in the crypto markets is roaring on. I can't really say how or where the rally started. My personal bet is that it started ...

Cryptocurrency development updates: Lightning Network and altcoins  Yahoo Finance

Last week, one of the most anticipated and exciting crypto conferences took place in New York. I'm of course talking about MCC 2019 – the Magical Crypto ...

Police Arrest Dutch Cryptocurrency CEO in Rumored $25 Million Fraud Case  Cointelegraph

Disclaimer. This article has been updated to change the amount involved in the fraud case, as it was misreported in an English version of a Dutch article on the ...

Bitcoin Breaks $8,000 as Cryptocurrency Extends Two-Week Rally  Bloomberg

Bitcoin rallied past $8000, extending its longest winning streak since 2013 while giving *fresh* momentum to a cryptocurrency market that crashed only last year.

SEC Halts Alleged Ponzi Scheme Involving Diamond-Backed Cryptocurrency  Wall Street Journal

U.S. regulators have halted an alleged $30 million Ponzi scheme that targeted roughly 300 investors and involved a diamond-related cryptocurrency business, ...

Hacked Cryptocurrency Exchange Cryptopia Goes Into Liquidation  CoinDesk

Cryptopia, the cryptocurrency exchange hit by a major hack in mid-January, has gone into liquidation and suspended trading operations. The news was ...

Top 7 Waves of Cryptocurrency Layoffs Throughout Early 2019  NullTX

After the brutal year 2018 turned out to be for cryptocurrencies, it was to be expected a lot of companies would struggle. As a result, a lot of firms have laid off staff ...

IT contractor allegedly abused government systems for cryptocurrency mining  ZDNet

A 33 year old man from Sydney was arrested and charged by the Australian Federal Police (AFP) for allegedly manipulating the computer programs of a federal ...

Bitcoin plunges back below $8,000 level in cryptocurrency selloff  MarketWatch

Bitcoin remained sharply lower Friday after a rally that had taken it back above the $8000 level this week appeared to suddenly run out of steam. One...

How cryptocurrency scams work  The Conversation - US

Cryptocurrency fraudsters have swindled their victims out of hundreds of millions – even billions – of dollars. What do they do to earn people's trust and then take ...

2020 Presidential Hopeful Eric Swalwell Accepting Cryptocurrency Donations  Ethereum World News

Another presidential candidate in the upcoming U.S. 2020 elections has thrown his hat into the cryptocurrency ring. Just a week after Andrew Yang made ...

Fake Cryptocurrency Cons 55,000 Brazilians for $200 million  CryptoNewsZ

Crypto related frauds continue to be a headache for the market. Another one pops out its head from Brazil, where a fake cryptocurrency scams over 55,000 ...

Crypto Tidbits: ‘Spedn’ Bitcoin At Whole Foods, Cryptocurrency Cynic Flips Bullish, And Bakkt Looms  newsBTC

Another week, another round of Crypto Tidbits. Over the past week, Bitcoin (BTC) has traded in a crazy range, moving between $6000 and $8350 in a.

Israeli court declares 'cryptocurrency is an asset' in landmark tax ruling  CoinGeek

The Central District Court backed Israel Tax Authority in holding cryptocurrencies to be an asset, which means profits on crypto sales would be liable to capital ...

Cryptocurrency Project OneCoin Denies Ponzi and Pyramid Scheme Claims  Cointelegraph

Cryptocurrency project OneCoin is denying claims that it is a “hybrid ponzi-pyramid scheme” and scam, news outlet Samoa Observer reported on May 14.

The cryptocurrency startups trying to save Argentina from itself  MIT Technology Review

Some cryptocurrency startups think Argentina's economy is ripe for cryptocurrency adoption.

Cryptocurrency scams triple in a year – at £27m total cost to victims  The Guardian

Investment scams involving cryptocurrencies such as bitcoin and foreign currency trading have tripled in a year, with the average victim losing £14,600, ...

Facebook's Cryptocurrency Might Work Like Loyalty Points  WIRED

A report says Facebook is seeking investors for its planned cryptocurrency, and merchants who might accept the virtual coin.

How KYC compliance keeps your cryptocurrency protected  Yahoo Finance

The battle between the regulators and the crypto-anarchists is going to be a long one. Now that the Bitcoin genie is out of the bottle and has been since 2008, ...

Peter Thiel Startup Block.One Pays Out 6,567% Investor Return  Bloomberg

After raising $4 billion in a record token sale, Block.one gives some back to shareholders.

Bronn of the VeganCoin: Game of Thrones Star Advises on Cryptocurrency Project  Ethereum World News

With the popular Television show Game Of Thrones recently coming to an end, one of its stars has taken up other interests, interests related to cryptocurrency.

Cryptopia hack: Stolen Ethereum, ERC20 tokens land up in ‘major cryptocurrency exchanges’  AMBCrypto News

Exchange hacks have always been one of the major setbacks in the cryptocurrency space, with several renowned platforms falling victim to a security breach.

Cornell Cryptocurrency Professor Launches Ava Testnet, Challenges Visa  Ethereum World News

Emin Gun Sirer, one of the world's leading academic experts on blockchain, is launching his own cryptocurrency. Sirer is the co-director of the Initiative for ...

Bitcoin price explained: How a single trade crashed the cryptocurrency market  The Independent

Even for something as notoriously volatile as bitcoin, the cryptocurrency's recent price fluctuations have been extraordinary. Its value surged from $4000 at the ...

Algorithmic Cryptocurrency Trading Firm GSR Launches New Bitcoin Halo Option Derivative  Cointelegraph

Algorithmic cryptocurrency trading firm GSR announced the launch of a new bitcoin (BTC) halo option derivative in a Medium post published on May 13. Per the ...

Commentary: How are investors still falling for cryptocurrency scams?  CNA

One scam cryptocurrency founder defrauded investors billions by convincing others that their nonexistent cryptocurrency was real, Nir Kshetri at University of ...

Why humanitarian groups are turning to cryptocurrency to feed a broke and starving Venezuela  The West Australian

Andreina Cordero started the year skipping meals so her three kids could eat. Her husband, a construction worker, was out of a job. And the family's savings had ...

Privacy Cryptocurrency Grin Receives Mysterious $300K Bitcoin Donation  CoinDesk

The developers behind the cryptocurrency project Grin have reportedly received an anonymous donation of 50 BTC – worth an estimated $300,000. The news ...

Why You Should Use a VPN for Cryptocurrency Trading in 2019  Toshi Times

The global scene for cryptocurrency trading looks drastically different depending on where people are: so one might consider using a VPN for crypto trading.

What Facebook’s Cryptocurrency Could Look Like  Barron's

It will likely resemble Bitcoin more than Starbucks Rewards, says one analyst. The social-media giant's crypto ambitions may surprise you.

Cryptocurrency exchanges see massive increase in monthly trading volume, bull market solidifying  CryptoSlate

CryptoCompare, a leading provider of cryptocurrency data and indices, found that the top 15 exchanges all experienced an increase in monthly volume.

5 Things to Know About Facebook’s Cryptocurrency Ambitions  The Motley Fool

Facebook (NASDAQ:FB) is building a cryptocurrency payment platform for its social network, according to The Wall Street Journal. The platform, codenamed ...

Crypto Tidbits: Binance Bitcoin Hack, Buffett Hates Cryptocurrency, Ethereum Futures Inbound  newsBTC

Another week, another round of Crypto Tidbits. Over the past week, Bitcoin (BTC) has surged yet again, with the asset moving past $6,000 — one of 2019's most ...

4 Major Concerns Regarding the WhatsApp Cryptocurrency Bot  NullTX

Getting more people excited about Bitcoin and other cryptocurrencies remains an ongoing problem. The average person on the street may know Bitcoin, but they ...

Bitcoin Gained In April. What's Next For The Cryptocurrency?  Forbes

Bitcoin prices rose in April, marking the third straight month of gains. At this point, the question on everyone's mind is: what will the market's most prominent ...

XRP Tops Cryptocurrency Price Gains After Coinbase and ETN Rollout  Cointelegraph

Coinbase releases trading for New York residents in a move which sparked a 22% XRP price move.

TD Ameritrade Makes Headway with Bitcoin Futures And Cryptocurrency Exchange  Coingape

TD Ameritrade is one of the best online brokers in the US that had recently announced its plans to include cryptocurrency trading on their platforms. The broker ...

Hackers Swipe More Than $40 Million of Bitcoin From Cryptocurrency Exchange  The Wall Street Journal

Binance, one of the world's largest cryptocurrency exchanges, said hackers stole more than $40 million worth of bitcoin from its platform in what it called a “large ...

Is Facebook Moving Closer Towards Cryptocurrency Payments?  ZyCrypto

Step by step, Facebook continues to make progress it what seems to like a cryptocurrency payment system designed for WhatsApp, as the latest.

Is This Bitcoin Rally Just Capital Outflow From Cryptocurrency Exchanges?  BeInCrypto

The recent Bitcoin (BTC) rally might simply be the result of Tether (USDT) sales and capital flight from major cryptocurrency exchanges.

US Tax Authority Prioritizes Issuing Guidance on Cryptocurrencies  Cointelegraph

The United States Internal Revenue *Service* (IRS) has prioritized issuing tax guidance on cryptocurrencies, according to a May 16 letter. The letter from the IRS ...

Venezuela and Russia in Talks to Use State-Backed Petro Cryptocurrency for Bilateral Trade  Blokt

Russia and Venezuela, two countries hit with U.S. sanctions, are negotiating on how to replace the USD with state-backed Petro cryptocurrency and the Russian ...

Russia FSB vary of cryptocurrency terrorism use; Bortnikov speaks | Cryptopolitan  Cryptopolitan

Crypto is being used for good purposes like charity but there has been more than one incident where crypto some people using it for terrorist funding. Fund.

HBUS Survey: Almost 12% of US Cryptocurrency Holders Are Long-Term Investors  Cointelegraph

Almost 12% of crypto holders are long-term investors, according to a survey shared with Cointelegraph on May 13 by HBUS, the operator of United States-based ...

Bloomberg: Major Crypto Traders Meet to Establish Industry Blacklist, Standards  Cointelegraph

A group major cryptocurrency traders is considering the idea of creating a blacklist of counterparties engaged in nefarious activities in the crypto space, ...

You can now pay with cryptocurrency at Whole Foods  MIT Technology Review

Cameron and Tyler Winklevoss want you to pay for groceries, movies, ice cream, and many other everyday retail products using cryptocurrency.

Fidelity Will Offer Cryptocurrency Trading Within a Few Weeks  Bloomberg

Fidelity Investments, which began a custody *service* to store Bitcoin earlier this year, will buy and sell the world's most popular digital asset for institutional ...

Samsung’s Budget Smartphones Will Reportedly Have Cryptocurrency and Blockchain Features  Cointelegraph

Budget smartphones released by South Korean consumer electronics giant Samsung will reportedly feature cryptocurrency and blockchain features, local ...

Untethered A fresh probe raises fears of systemic problems in the cryptocurrency market  The Economist

TO CRITICS, predicting cryptocurrencies' value is like flipping a coin. Volatility is so high, they say, that a buyer might as well place a wager at a casino. Others ...

Crypto Tidbits: Elon Musk Tweets ‘Ethereum’, Square Sees Massive Bitcoin Demand, Facebook Cryptocurrency Nears  newsBTC

Another week, another round of Crypto Tidbits. Over the past 72 hours, Bitcoin (BTC) has begun to rapidly pick up steam. As of the time of writing this, the ...

How I Got Cash, Gift Cards and Cryptocurrency for My DNA Data  Bloomberg

Megaphone.fm: Gift Cards for Your DNA Data by Progn...

Bitcoin Accounts for 95% of Cryptocurrency Crime, Says Analyst  Fortune

Bitcoin is still criminals' favorite cryptocurrency for illicit activity, according to blockchain tracking firm Chainalysis.

Facebook reverses its policy barring cryptocurrency ads  The Block Crypto

As Facebook continues to ramp up its crypto efforts, the social media giant is rolling back its 2018 banishment of cryptocurrency-related ads from its platform.

Victims who lost £27,000,000 in cryptocurrency scams say police aren't doing enough  Metro.co.uk

People who've lost millions of pounds to cryptocurrency 'get rich quick scams' say UK authorities have been far too slow to react. Members of a victim support ...

Wirex and Elliptic team up to develop solution to combat cryptocurrency fraud  SiliconANGLE News

Cryptocurrency-based personal banking company Wirex Ltd. and anti-fraud security intelligence and compliance outfit Elliptic Enterprises Ltd. today announced ...

Venezuela’s Failed Cryptocurrency Is the Future of Money  Bloomberg

El Petro couldn't save Venezuela, but may save the world.

South American Startup Ripio Rolls Out Crypto-Fiat Exchange and OTC Desk  Cointelegraph

Latin America-based cryptocurrency startup Ripio has launched a trading platform, including an over the counter (OTC) desk, according to a press release ...

EBay Denies Rumors It Will Start Accepting Crypto, Despite Advertising at Crypto Event  Cointelegraph

EBay has denied rumors that it is going to start accepting cryptocurrency as a payment method, according to a Bloomberg report on May 14. Speculation has ...

Brazilian Authorities Shutdown A Cryptocurrency Crime Cartel That Stole Over $200 Million from Investors  Crypto Economy

Operation Egypto has been a success and led to the shutting down of a crime cartel operating an unlicensed financial institution in Brazil.

Eternal Coin (EIS Token): Gaming Cryptocurrency Network Platform?  Bitcoin Exchange Guide

Eternalcoin (EIS) is an ERC20-based token that will be used in connection with the Eternal Inc Network. EIS serves for both trading cards and participating in.

Facebook Acquires ‘Libra’ Trademark to Work on Its Secretive Cryptocurrency  Cointelegraph

Social media giant Facebook acquired the rights to the “Libra” trademark for its secretive cryptocurrency project, crypto news website The Block reported on May ...

Research Shows US Users Visit Cryptocurrency Exchanges 22 Million Times Each Month  Cointelegraph

News. The United States, Japan and South Korea are the world's biggest fans of cryptocurrency exchanges, new research from software firm DataLight reported ...

This Congressman Wants to Make All Cryptocurrency Illegal  Futurism

Congressman Brad Sherman (D-CA) urged his colleagues to “nip this in the bud” and introduce a bill to outlaw all types of cryptocurrency during remarks at a ...

Japan’s GMO Internet Sees 45% Cryptocurrency Profit Dip for Q1 2019  Cointelegraph

Japanese internet giant GMO Internet Group saw its cryptocurrency profits drop in Q1 2019 amid market weakness, Cointelegraph Japan reported, quoting a ...

This Cryptocurrency Exploded in Just Two Hours to Gain Meteoric 700%  CCN

By CCN.com: One has probably never heard of Japanese *Content* Token (Ticker: JCT), a crypto-asset issued by a Singapore-based blockchain firm. But that has ...

Major U.S. retailers are now accepting Bitcoin and other cryptocurrency  Mashable

Those taking the digital money include clothing store Nordstrom, grocer Whole Foods, and movie chain Regal Cinemas. The move is thanks to a new deal ...

First cryptocurrency cafe in US opens in West Palm Beach  WPTV.com

WEST PALM BEACH, Fla. — Have you ever heard of a cryptocurrency cafe? Neither have we. Well, the first one in the United States is now open on Clematis ...

PayPal CFO Says Firm Not Interested in Crypto Sector Right Now  Cointelegraph

PayPal CFO John Rainey said that the firm is not interested in getting involved in the cryptocurrency sector at the moment.

Nasdaq Adding Index for XRP Cryptocurrency to Global Data Service  CoinDesk

Stock exchange operator Nasdaq is adding yet another cryptocurrency index – this time for the world's third-largest cryptocurrency, XRP. The company ...

Cryptocurrency thefts, scams, and fraud top $1.2 billion in Q1 2019  VentureBeat

Cryptocurrency criminals and fraudsters stole more than $1.2 billion in the first quarter of 2019, according to a report by CipherTrace.

Frenzy Ensues As GoT's Bronn Unveils New Vegan Cryptocurrency  CryptoManiaks

It would seem that Bronn's title as Master of Coin extends past the Game of Thrones TV series. His portraying actor, Jerome Flynn, has joined the advisory board ...

What You Need to Know Before Investing in Cryptocurrency  Coindoo

The blockchain world is full of different nuances of cryptocurrencies and tokens as well as projects and coin offerings.Read more about these differences in our ...

Cryptocurrency Café Makes its First Debut in Florida  BTC Wires

We all have heard of regular cafes. This time, the United States of America has introduced use to the idea of a cryptocurrency cafe. Crypto and Coffee The first ...

A Perfect Cryptocurrency With No Flaws, Is It Ripple’s XRP?  ZyCrypto

A seemingly very confident twitter user is challenging people online, and not with something meaningless. This user, going by the handle XRP.