Blockchain News

Race to launch bitcoin futures stirs anger
“Get Exposure to Bitcoin Price Moves without Holding Bitcoins,” the website of Cboe Global Markets says about the exchange's new bitcoin futures, which began trading this week. Why someone would voluntarily seek out bitcoin's gyrations might not be ...
Bitcoin: too risky or too good to miss? What the experts think
As the bitcoin price began to nosedive — just a day after the cryptocurrency smashed through a $10,000 milestone — Alfred Churchill was frantic. Despite desperate attempts to withdraw thousands of dollars' worth of bitcoin from his account with ...
Japanese company to start paying employees in bitcoin
“We hope to improve our own literacy of virtual currency by actually using it.” The offer will be open to around 4,000 employees of the GMO group in Japan, she said. The company started a Bitcoin trading and exchange business in May. And next month, it ...
Ethereum Price Hits All Time High of $750 Following Speed Boost
Ethereum's price surge continued into today as the digital currency topped $700 to reach a high of $750 according to coinmarketcap.com. This brought Ethereum's market capitalization to an astonishing $72.5 bln. However, as Bitcoin mounted a comeback ...
A New York Woman Has Been Accused of Laundering Bitcoin to Support ISIS
(CENTRAL ISLIP, N.Y.) — A Long Island woman is accused of laundering bitcoin and other cryptocurrencies and wiring the money overseas to help the Islamic State group, according to federal prosecutors. Zoobia Shahnaz, a 27-year-old Pakistani-born ...
US woman used bitcoin to move cash to Islamic State, police say
A New York woman has been accused of laundering bitcoin and other cryptocurrencies and wiring the money to help the so-called Islamic State. Zoobia Shahnaz, 27, was charged with bank fraud, conspiracy to commit money laundering and money laundering and ...
Litecoin founder Charlie Lee talks bitcoin, cryptocurrencies
Litecoin Founder Charlie Lee wants people to stop fussing over the gravity-defying rally in the cryptocurrency. "I would be happy if litecoin stays at around $300 by the end of next year," Lee told CNBC's Squawk Box, as the cryptocurrency surged more ...
Blockchain Technology, Artificial Intelligence Enabling Democratization of Investing
Financial markets play a vital role in today's economic framework, enabling companies to access the necessary capital to expand. They also allow investors to safeguard the value of their savings by hedging against economic outcomes. But the way markets ...
US Prosecutors Are Rushing to Cash In on a Drug-Ring's Seized Bitcoins
(SALT LAKE CITY) — U.S. attorneys in Utah prosecuting a multimillion-dollar opioid drug-ring are moving quickly to sell seized bitcoin that's exploded in value to about $8.5 million since the alleged ringleader's arrest a year ago. The U.S. Attorney's ...
Is Bitcoin the new way of doing business? At the moment it's slow and costly
Paradoxically, however, these developments have undermined the very proposition that is supposed to give Bitcoin its ultimate value. As the name cryptocurrency implies, Bitcoin was intended not as a speculative asset but as a free-standing currency to ...
Moves in South Korea to Make Cryptocurrency Trading More Transparent
FILE PHOTO: A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. REUTERS/Dado Ruvic/File Photo Reuters. By Dahee Kim and Joyce Lee. SEOUL (Reuters) - A South Korean blockchain association announced on ...
Tobacco company makes a hard pivot to cryptocurrency mining
Rich Cigars just made the ultimate pivot: from high-end cigars and tobacco products to cryptocurrency. The Miami-based company announced Thursday it had become Intercontinental Technology, Inc., and was phasing out the cigar part of the business — aka ...
How the Cryptocurrency IOTA Fell Victim to the FOMO-FUD Cycle
With the Bitcoin revolution in full force, the cryptocurrency market is also booming. Actually, 'booming' might be an understatement—exploding like a supernova is more like it. The crypto-economy is comprised of over a thousand different digital ...
Price Analysis, December 14: Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash
The views and opinions expressed here are solely those of authors/contributors and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move is risky, you should conduct your own research when making a decision ...
Bloomberg Adds Ethereum, Litecoin and Ripple to Its Terminal
Ethereum relies on a more versatile type of software that has made it a popular platform for many other digital tokens, while Litecoin is built as a quicker, more efficient clone of bitcoin. Ripple, meanwhile, is actually a private company that ...
Woman busted sending thousands in bitcoin to ISIS
A Long Island woman was busted sending tens of thousands of dollars worth of Bitcoins to ISIS fighters overseas — after swindling money from banks using bogus information. Zoobi Shahnaz, 27, of Brentwood allegedly then planned to flee the US for Syria ...
Banks tap Ethereum smart contracts for MiFID II compliance
As MiFID II looms into view, Swiss bank UBS is leading a pilot that will use Ethereum smart contracts to improve the quality of counterparty reference data through anonymous reconciliation. Barclays, Credit Suisse, KBC, SIX and Thomson Reuters are all ...
Denmark considers blockchain a new weapon in the fight for human rights
The use of blockchain and cryptocurrency is merely some of the technologies which can give us new tools in the development cooperation toolbox," Danish Minister for Development Cooperation Ulla Tørnæs said. "It is clear that if we are to succeed in ...
UK finance watchdog head says no plans to push bitcoin regulation
The head of the UK's financial regulator has said he currently sees no systemic risk in bitcoin and is not pushing government to make the cryptocurrency part of his remit. Andrew Bailey, the head of the Financial Conduct Authority, repeated calls that ...
Op-Ed: Litecoin creator Lee warns about the risks of buying litecoin
Recently the price of litecoin a smaller competitor of bitcoin, and in many ways similar, shared in the meteoric rise of its big brother. Its price more than doubled from Sunday Dec. 10 to over $300 on Tuesday morning. Litecoin(LTC) is now the fourth ...
Senior VP Says eBay “Seriously Considering” Bitcoin Integration
Throughout the past 12 months, the stock price of Overstock has increased by over 130 percent, triggered by the company's involvement in various Bitcoin and Blockchain technology ventures. Several major conglomerates such as Japan's GMO have also ...
How bots are manipulating cryptocurrency prices
The cryptocurrency market has grown exponentially this year, with a current market cap of $440 billion at time of writing. The largest cryptocurrency is, of course, Bitcoin, which has gone up 1,500 percent year to date and trades a daily notional value ...
India's Tax Man Knocks on Door of Cryptocurrency Exchanges; Seeks Identifying Information
India's Income Tax Department, which falls under the Department of Revenue of the Ministry of Finance, began conducting surveys across the country on December 13, 2017. Investigators for the government agency visited nine exchanges spread out across ...
Thinking about investing in bitcoin? The currency may be virtual, but the risk is real.
A lot of people have the “FOMO” disease. It's a common ailment defined as the fear of missing out. And now that bitcoin is the hottest financial craze, I'm afraid that you might be extremely anxious that you'll be proven a fool if you don't invest in ...
Want to Invest In Bitcoin? Here's What You Need to Know
Bitcoin has captured America's imagination. Whether or not the cryptocurrency will ultimately turn out to be a good investment or just a passing fad remains to be seen. Indeed, in the past several months Bitcoin prices have enjoyed a run-up that makes ...
Synergizing Gaming Industry Through Blockchain
The online gaming industry is endowed with enormous potential that can only be achieved through the collaborative synergy of all the parties involved within the ecosystem. Developers, publishers, advertisers and gamers themselves have all pursued their ...
Goodbye Ethereum: Kik Plans to Move Its ICO Tokens to Stellar
Mobile messaging startup Kik is planning to shift its Kin token network from ethereum to Stellar, CEO Ted Livingston confirmed on Wednesday. Speaking in a live question-and-answer session on YouTube, the company's founder explained that ethereum's ...
Cryptocurrency Is Fighting Back against the FCC's Net Neutrality Repeal
Cryptocurrency is literally a response to malfeasance by global governments, mega-banks and mega-corporations. The genesis block of bitcoin had this Financial Times headline coded in to it: The Times 03/Jan/2009 Chancellor on brink of second bailout ...
Hackers Hijacked an Internet Provider to Mine Cryptocurrency with Laptops In Starbucks
When Noah Dinkin, CEO of mailing list startup Stensul, visited a Starbucks in Buenos Aires last week, he discovered that the store's Wi-Fi provider was hijacking his laptop to mine a digital currency. At the time, a Starbucks spokesperson stated that ...
How Fear Is Being Used to Manipulate Cryptocurrency Markets
With the Bitcoin revolution in full force, the cryptocurrency market is also booming. Actually, 'booming' might be an understatement—exploding like a supernova is more like it. The crypto-economy is comprised of over a thousand different digital ...
Malaysia's Central Bank Releases Draft Rules for Cryptocurrency Exchanges
The publication follows months of work in this area. The proposed regulations require businesses to verify their customers' identities, monitor transactions and report any suspicious activities to Malaysian authorities. Additionally, companies must ...
Litecoin Surge: 5 Likely Scenarios Why It Occurred
Created as one of the first imitators of bitcoin after its initial release in 2009, Litecoin was largely ignored as a clone, and accordingly stayed in the single-digits in terms of fiat value. For years, Litecoin lounged in bitcoin's shadow, serving as ...
Agencies cautious on blockchain applications
As agencies search for technology solutions to improve authentication, testing biometrics and federated identity, some have suggested that blockchain, the much-discussed distributed ledger technology, might play a role. Blockchain could be one ...
Cryptocurrency Can Promote National Security
After long careers in national security and law enforcement, the two of us have taken jobs at a digital-currency exchange. This probably would surprise anyone who has heard the critiques of cryptocurrencies: They're potentially lucrative, but only as a ...
Bitcoin is failing as a currency
It's been a good year for bitcoin investors but a terrible one for those who hoped that the cryptocurrency would become the de facto tender for the internet. Satoshi Nakamoto, its creator, may be dismayed at what has become of the project, intended as ...
Why Some Claim Ripple Isn't a 'Real' Cryptocurrency
There are many cryptocurrencies out there, each of which gained inspiration from bitcoin, the ancestor to them all. Bitcoin was humanity's first definition of what it means to be a cryptocurrency, but it is a complicated creature that relies on many ...
Six Major Banks Develop Ethereum Solution for New EU ... - Nasdaq
Six of the world's largest banks - Barclays, Credit Suisse, KBC, SIX, Thomson Reuters and UBS - are collaborating to automate Markets in Financial Instruments Directive (MiFID) and Markets in Financial Instruments Regulation (MiFIR) regulatory ...
Intel Sees Role for 'Blockchain Mining' in Genetic Sequencing
The combination of blockchain tech and genetic sequencing isn't exactly new, and cryptocurrency projects like genecoin have highlighted how the energy-intensive mining process (by which new transactions are added to a blockchain, with new coins being ...
How to decide if bitcoin is safe for you to trade
If you buy an amount of Bitcoin that does not coincide with the price per coin, your ownership would be indicated in fractions of a Bitcoin or as one or more whole Bitcoins plus a fraction, Drake says. Where can you buy Bitcoin? Cryptocurrency ...
Cryptocurrency & The Loyalty Market: The future or Just another Hype?
Another great benefit of a loyalty program constructed from cryptocurrency technology is that merchants don't need to store customer account information. Protecting identifying information for customers is becoming increasingly difficult, and therefore ...