Ethereum, EOSIO Blockchain Platforms Set For Game Launches, Get A Boost
Game developer Arcade Distillery is set to launch a game for the PS4, built on ethereum blockchain. Startup Mythical Games received $16 million funding to develop console games on EOSIO blockchain.
Bitcoin Falls Below $5000, Other Cryptocurrencies Plunge As Well
The price of bitcoin fell by over 11 percent in 24 hours, slipping below the $5,000 mark Monday night. The last time bitcoin had sunk to this level was in October 2017.
X8 Crypotocurrency Gets Halal Certification From Islamic Scholars
Islamic scholars have certified Swiss financial technology firm X8's cryptocurrency as a form of investment for Muslim investors. This certification is necessary for the firm to expand into the Middle East.
SIX Swiss Exchange To List World’s First Cryptocurrency Exchange-Traded Product
The cryptocurrency-linked trading option is the first global multi-crypto exchange-traded product to be approved and the third crypto-related product to be listed on a stock exchange.
Bitcoin 'Evil Spawn Of Financial Crisis', European Central Bank Board Member Says
The European Central Bank's Benoît Cœuré shared the opinion of Agustín Carstens, a Mexican economist, that bitcoin is "a combination of a bubble, a Ponzi scheme, and an environmental disaster."
Cryptocurrency Regulation: Japan's Financial Services Agency Framing Rules For Wallet Services
Japan's Financial Services Agency discussed in a meeting the likely regulatory measures — internal control, management of cryptocurrencies, audits — that could be applied to cryptocurrency wallet services.
Cryptocurrency Mining Facilities In Sweden Abandoned, Unpaid Electricity Bills Of $1.5 Million
Two mining companies — Miami-based NGDC and Sweden's Chasqui Tech — abandoned their mining facilities with around $1.5 million and $50,000 in unpaid bills, respectively.
After Warhol, Blockchain Platform Maecenas To Tokenize Picasso's Work
Blockchain-based Art Platform Maecenas said it will conduct the first “perpetual” digitalization and tokenization of a Picasso work of fine art under a project named Project Phoenix.
IBM's Blockchain Platform Selected By European Companies For Tracking Services
European companies from a variety of industries have partnered with IBM to develop greater trust and transparency by using blockchain, the company said in a press release Wednesday.
Mining Bitcoin, Energy-Intensive Cryptocurrencies Could Worsen Climate Change, Report Says
A recent United Nations report said we have about 12 years to contain the climate change catastrophe. Cryptocurrency mining is being flagged as a large contributor to the crisis.
Bitmain Sues Unknown Hacker For Alleged Theft Of $5.5 Million
Well known mining rig manufacturer Bitmain has filed a lawsuit against an unknown hacker for allegedly stealing $5.5 million worth of cryptocurrency from its Binance account.
Stellar Becomes 5th-Most Valued Cryptocurrency By Market Cap
On Sunday, Lumens' market cap rose from $4.81 billion to $5 billion. Previously, the fifth place in the list of cryptocurrencies was held by EOS token, whose market cap fell from $5.1 billion to $4.8 billion.
Irish Startup Wants To Use Blockchain To Compensate And Refund Flight Passengers
An Irish payment solutions platform plans to develop a blockchain-based mobile app to compensate and refund passengers when flights get delayed or canceled.
French Lawmakers Push For a Tax Cut On Bitcoin
A French lawmakers' panel has adopted a budget amendment that will align the taxation of gains made from bitcoin with the taxation of capital income.
SEC Penalizes Ethereum-Based Digital Exchange EtherDelta For Violation Of Securities Law
The SEC said this was its first enforcement action against a digital token trading platform, based on findings that EtherDelta operated as an unregistered national securities exchange.
Blockchain Can Help Regulators Oversee Markets, Says CFTC Chairman
CFTC chairman Christopher Giancarlo said technological advances including DLT could help regulators better oversee trading markets.
A Cryptocurrency Millionaire Wants To Build A City Entirely On Blockchain
Jeffrey Berns said that every resident and employee in the new city will have an ethereum address, which they could use to vote on local measures and store their personal data.
Cryptocurrency Prices Up 2-13% As SEC Deadline For Public Comments On ETFs Ends
The investment community had expected a statement from the SEC after its Nov. 5 deadline for public comments on nine bitcoin ETF applications ended.
Crypto Wallet Firm Blockchain To Airdrop $125 million In Stellar Lumens To Users
Stellar hopes the biggest crypto airdrop will put its name and technology in front of Blockchain’s 30 million account holders, and will bring many new users into the ecosystem.
HSBC And ING Execute Trade Transaction For Reliance Using Blockchain
The blockchain-enabled letter of credit transaction facilitated shipment between Reliance and the US-based Tricon Energy. ING Bank issued the LC and HSBC India was negotiating bank for Reliance Industries.
Top Cryptocurrencies Up, Riding On Anticipated Bitcoin Cash Hardfork
The highest gainers in the last 24 hours among the top 10 cryptocurrencies by market cap are ethereum, bitcoin cash, litecoin, and monero.
Rapper T.I. Sued For $5 Million Over Alleged Crypto Fraud
T.I. and his partner Ryan Felton are accused of deceiving investors by using the money raised from them to drive up FLiK token’s price, and dumping the token when the price fell, according to a report in The Blast.
Bitcoin ATM Operator Coinsource Gets License From New York Regulator
Bitcoin ATM operator Coinsource's virtual currency license was approved Thursday by the New York State Department of Financial Services.
Morgan Stanley Hails Crypto Assets, Nasdaq Declares Its Compliance Credentials
Nasdaq plans to curb manipulation and scams that have plagued cryptocurrency space. Morgan Stanley is tracking the implications and the future of bitcoin says bitcoin is now increasingly traded against digital assets.
Hong Kong's Securities Watchdog Outlines Plan To Regulate Cryptocurrency Exchanges
Hong Kong's securities regulator has laid down guidelines on regulatory standards expected of virtual asset portfolio managers and fund distributors, and said it will explore regulating virtual currency exchanges.
10 Years Of Bitcoin, 5 Stories Of Success
Its been 10 years since the white paper on bitcoin was published by an unknown person or a group of people using the name Satoshi Nakamoto.
Fujitsu Examining Blockchain's Banking Potential With 9 Japanese Banks
Along with nine Japanese banks, Fujitsu plans to examine the potential of blockchain technology as a "funds transfer settlement system."
Goldman Sachs Taking On Clients For Trading Bitcoin Derivatives
In September, Goldman Sachs had dismissed reports of starting trade of bitcoin derivatives, but new reports suggest the company has already taken on clients for its new business.
Big 4 Accounting Companies Enter Crypto Space, PwC Has 400 Blockchain Experts
Despite a lack of clear regulations for the cryptocurrency space, Deloitte, EY, KPMG and PricewaterhouseCoopers are all staffing experts in the field.
Cryptocurrency Exchange Bitstamp Acquired At $60 Million Valuation
Nejc Kodrič, CEO of Bitstamp, said the reason to sell the company was the fact that the cryptocurrency industry was at a point where consolidation "makes sense."