Blockchain News

Federal regulators file fraud charges against three bitcoin operators
Following an already rough month for bitcoin, three U.S. virtual currency operators have been charged with fraud by the United States Commodity Futures Trading Commission (CFTC). The CFTC alleges that CabbageTech, Entrepreneurs Headquarters Ltd., and ...
Ethereum Back At No. 2 Market Cap Among Cryptos After Volatile Week
Ethereum has reclaimed the No. 2 spot for market capitalization in cryptocurrenices after being supplanted by Ripple's XRP earlier in the month. Ethereum more than tripled since its Nov. 30 low of $401.24, and finally peaked on Jan. 13 at $1,432.88. It ...
Bitcoin was supposed to kill Western Union — that hasn't happened
Bitcoin was envisioned as a “peer-to-peer electronic cash system” in Satoshi Nakamoto's original 2008 white paper, and one of its biggest appeals was frictionless international payments. Bitcoin promised shorter transfer times and lower transfer fees ...
'Ethereum is here to stay' Cryptocurrency will mirror bitcoin warns expert
He added ethereum holds some advantages over bitcoin - it can be used to do more and it holds different functions like a computer. It comes as China and South Korea announce clampdowns on cryptocurrencies - a move Mr Torvekar brands "neccesary". Mr ...
The Next Bitcoin: Buy Ethereum Now or Wait?
Bitcoin is the entry point for those who are unaware of what cryptocurrency is but just heard of its growth and great earning potential for traders and investors. By the next stage, when a person is already familiar with the concept of cryptocurrency ...
Power Moves: Ron Resnick to Enterprise Ethereum Alliance, Eric Berry to Gitcoin, more
Resnick will oversee the Enterprise Ethereum Alliance, a group of more than 200 businesses, including some of the largest in the world, that works to bring blockchain technology to the corporate world. It was started in March of 2017 by East ...
CFTC files charges in two cryptocurrency fraud cases
The Commodity Futures Trading Commission (CFTC) filed charges against two companies for fraud involving the sale of and advice on cryptocurrency investments, the agency said Friday. The CFTC charged Dillon Michael Dean and his company, The ...
Debitum Network Leverages Ethereum Blockchain to Deliver Game-changing Small Business Finance Solution
An innovative funding platform based on the Ethereum blockchain, Debitum Network strives to free the SMEs around the world from the middlemen and provide them financing opportunities that have always been out of bounds to them. Almost all small ...
Ethereum Price Forecast: Ether Continues to Gain
Ether remains well bid against the US dollar and bitcoin. ETH/USD is consolidating above the $1,050.00 level and it seems to be preparing for further upsides. Key Highlights. Ether is showing positive signs with a 2-hour close above the $1,000.00 level ...
OKCoin Eyes Cryptocurrency Exchange Launch in South Korea
Cryptocurrency exchange OKCoin is reportedly moving to launch in South Korea – possibly as soon as next month. According to The Korea Times, the Beijing-based firm is eyeing a partnership with NHN Entertainment, a Korean developer, publisher, and ...
Bitcoin is teaching libertarians everything they don't know about economics
Bitcoin changes prices too quickly to be a currency and processes transactions too slowly to be a payments system, but it is juuust right for teaching libertarians everything they don't know about economics. Not that they're paying attention. If you ...
Shell Buys Into Blockchain Company
In January 2017, Mercuria, in partnership with ING and Societe Generale, announced it was preparing the first oil trade using blockchain technology. The trade involved an African crude shipment to Mercuria shareholder ChemChina. When he announced the ...
How Chinese bitcoin buyers are getting around the government ban
18, when bitcoin (BTC-USD) was trading at $11,730 on Coinbase, the biggest U.S. brokerage, the lowest price on the Huobi OTC platform was 84,000 yuan, or $13,085. The premium that Chinese investors pay is a direct result of the limited OTC coin supply ...
How B2B Companies Unlock Blockchain Without The Development Headaches
2018 will see a plethora of blockchain announcements and initial coin offerings (ICOs). Here's how your business can tap into the blockchain growth without the hard-core development headaches. If you're old enough to remember the early days of the web ...
Former FDIC Chair Says 'We Don't Ban Assets,' Bitcoin Just Needs To Be Regulated
Sheila Bair, former US Federal Deposit Insurance Corporation (FDIC) chair, told CNBC's “Fast Money” on Friday, Jan. 19 that there is no precedent to ban Bitcoin (BTC) as an asset, but there is a need for additional regulation of digital currencies ...
TEPCO Invests in Blockchain Startup in Bid to Decentralize Systems
TEPCO has had a long-standing interest in blockchain systems, particularly after the destruction of its Fukushima Daiichi nuclear power plant in 2011 following a devastating earthquake and subsequent tsunami. TEPCO revealed last year, as previously ...
Forget bitcoin. Here come the blockchain ETFs.
These two funds are set up to take advantage of the growing interest in blockchain. This is not the Winklevoss Bitcoin Trust, a fund that only owns bitcoin and is run by Cameron and Tyler, of Facebook and "The Social Network" movie fame. The Winklevii ...
On January 18-19 analysts noticed ZCash (ZEC) fall by -2.20%
ZCash is a privacy driven cryptocurrency. It uses the Equihash as an algorithm, which is an asymmetric memory-hard Proof of Work algorithm based on the generalized birthday problem. It relies on high RAM requirements to bottleneck the generation of ...
The Beginner's Guide To Cryptocurrency And How Teens Can Benefit
Simply put, cryptocurrency is money in digital form that utilizes computer cryptography to secure transactions. It's almost like digital cash. Cryptocurrencies are revolutionizing the way we do financial transactions. Here's the big kick ...
Cryptocurrencies crash: Is the boom over for bitcoin, Ripple and Ethereum?
The cryptocurrency crash was stoked by fears of a ban on trading by South Korea, which sent the markets into freefall on Tuesday. More than $200billion was wiped off the crypto markets' market capitalisation as a result on Tuesday. Bitcoin bottomed out ...
Staten Island-based 'CabbageTech' charged with bitcoin-related fraud after promising 300% returns in a week
The U.S. Commodity Futures Trading Commission announces Friday it has charged Patrick K. McDonnell and his company CabbageTech with "fraud and misappropriation in connection with purchases and trading of Bitcoin and Litecoin." The company promised ...
Litecoin Price Prediction: Upcoming Litecoin Upgrade To Make it Even Cheaper Than Bitcoin
It's a quiet day in the cryptocurrency world. The storm has settled and the sun is out. Investors are finally out of choppy waters and trading with more peace of mind. Top cryptos, including Litecoin are trading in the green. At this point another ...
The 1 Thing Everyone Overlooks With Blockchain Technology
We're already witnessing a number of partnerships where blockchain technology is being deployed. IBM (NYSE: IBM), for instance, has been among the first adopters of blockchain technology for payment processing. It announced a partnership with Stellar ...
North Korea accused of hacking cryptocurrency exchanges selling Bitcoin and Monero
Has Kim 'Rocket Man' Jong-un ordered his hackers to attack cryptocurrency exchanges? (Picture: Getty). North Korea has been accused of hacking South Korean cryptocurrency exchanges in a series of cyber-heists. A mysterious hacking squad called the ...
The 1 Thing Everyone Overlooks With Blockchain Technology -- The ...
The 1 Thing Everyone Overlooks With Blockchain Technology -- The ...
What's The Real Story Behind Bitcoin?
Sometimes we elevate belief beyond factual truth. This a core principle of religion and politics. When belief supersedes reason in finance, we call it speculation. Is belief crowding out reason when it comes to Bitcoin and other cryptocurrencies? While ...
DASH and Litecoin Analysis January 22, 2018
DASH continues to try to rebound after the bloodbath in the crypto currency space, but all low-volume like we have seen a lot of the currencies. Currently, the $900 level is the next resistance barrier to overcome, but until we get a strong push in ...
Ethereum Analysis January 22, 2018
Ethereum has rallied slightly during the trading session on Friday, but quite frankly we still have a major problem with volume. $1100 looks likely to offer resistance, and we will probably roll over to consolidate some more. The next move that has ...
2018's Challenge: Promote Responsible Blockchain Innovation
A dedicated web page was established on OCC.gov with links to innovation guides for community banks, financial technology companies (for example, marketplace lenders and startups in the blockchain technology and cryptocurrency space), and other non ...
Cryptocurrency ETFs Are Off the Table for Now, the SEC Says
The Securities and Exchange Commission (SEC) has turned down plans by members of two Wall Street trade groups to set up exchange-traded funds (ETFs) for bitcoin and other cryptocurrencies, essentially killing off the idea for now. The move was laid out ...
Cryptocurrency Doors Close in Asia, Open in US
A new digital wallet and new ETF options are helping to open up the U.S. cryptocurrency market for Americans. (Getty Images). Major cryptocurrencies rebounded sharply after a steep mid-week selloff on concerns about regulatory crackdowns in South Korea ...
Cryptocurrency Doors Close in Asia, Open in US
A new digital wallet and new ETF options are helping to open up the U.S. cryptocurrency market for Americans. (Getty Images). Major cryptocurrencies rebounded sharply after a steep mid-week selloff on concerns about regulatory crackdowns in South Korea ...
Telegram to Launch Cryptocurrency: Joins Blockchain Bandwagon
The encrypted messaging startup Telegram is the latest company to get in on the blockchain and digital currency craze. According to a report by Tech Crunch, Telegram plans to launch its own blockchain platform as well as a native cryptocurrency which ...
Ethereum Price Forecast: DApps Might Send ETH Price Soaring in 2018
Because blockchains build trust through consensus, which is more likely to happen on credible platforms than random tokens. Value trickles down to the bottom layers of technology, rather than pushing to the top. As a result, Ethereum and other ...
I fell in love with bitcoin—but am cheating with its best friend
Andreas Antonopoulos, the de facto spokesperson/preacher of bitcoin, started his involvement in early 2012, quitting all other work to research and promote bitcoin full time. Antonopoulos deserves massive respect, as he is the springboard from which ...
Investors should beware of bitcoin
Investment icons like Berkshire Hathaway Chairman Warren Buffett, Berkshire Vice Chairman Charlie Munger, and Vanguard founder Jack Bogle have been chided on many fronts for suggesting that bitcoin is a bubble and that it won't end well for “investors ...
Trade Recommendation: Litecoin
This is a short term trade. The trading idea is based on a breakout above the resistance zone formed by SMA100 and 200.00 resistance level. If the price breaks this zone, we'll get a signal confirming further upward movement. Entry level should be at ...
The Lightning Network Could Make Bitcoin Faster—and Cheaper
In 2014, Joseph Poon and Thaddeus Dryja were bitcoin-obsessed engineers hanging out at pizza-fueled meetups in San Francisco. Their conversation often turned to the central problem of bitcoin: How to make it more useful? The bitcoin network's design ...
Will a cryptocurrency crackdown kill Bitcoin, Ripple and Ethereum? Investors speak out over 'bloodbath' fears
The cryptocurrency world was terrified by rumours suggesting a global crackdown on the trading of virtual coins is imminent. But new rules could slow the pace of bitcoin's rise but should not threaten its existence, investors and market participants at ...
Stuck at $12K: Bitcoin Price Needs Quick Progress to Avert Further Losses
Stuck in the doldrums today, bitcoin needs a quick break above $12,500 or the tide may turn in favor of the bears, the charts suggest. The "V" shaped recovery in bitcoin (BTC) from Wednesday's low has stalled below the $12,000 mark in the last 12 hours ...