Cryptocurrency Trading: PwC Partners Cred To Enhance Methods
The partnership between PricewaterhouseCoopers and Cred is aimed to build trust and establish standards in place to support the next 10 million users of cryptocurrency assets.
Blockchain Could Reduce International Transaction Costs, WTO Report Says
A report by the World Trade Organization said that Ripple, the remittance network, "has ambitions to circumvent the correspondent banking model through its distributed ledger platform."
$400 Million Cryptocurrency Fund Gets Investment From Yale University
The contribution by Yale University is considered significant the investment is headed by David F. Swensen, chief investment officer at the university and a pioneer in institutional investing.
Cryptocurrency Mining Threats Jump 80% In 2018 2nd Quarter: McAfee
A report by McAfee Labs showed that malware infections related to cryptocurrency mining grew by 80 percent in the April-June quarter of 2018, compared to the previous three months.
BitTorrent Creator Says Bitcoin Harms Environment, Planning A Better Cryptocurrency
Bram Cohen, one of the creators of BitTorrent, is set to launch his Chia cryptocurrency in 2019, and he said mining it would be like "farming."
Alibaba Files Patent For Blockchain-Based Smart Contracts System
According to Alibaba's patent application, the smart contracts system would effectively supervise all accounts in a blockchain network.
Crypto Exchange Binance Invests In Payments Startup TravelbyBit
TravelbyBit is a multi-currency payment platform and currently supports payments in bitcoin, ethereum, and litecoin. It is targeted at the travel industry.
Cryptocurrency Prices On Exchanges Being Manipulated By Trading Bots
Price manipulation has been a huge concern in the cryptocurrency market that has affected both the growth of cryptocurrencies and their regulatory acceptance.
CFTC Announced That Federal Court Recognizes Virtual Currencies As Commodities
"This is an important ruling that confirms the authority of the CFTC to investigate and combat fraud in the virtual currency markets," the agency's director of enforcement said Wednesday.
Coinbase Valuation Could Reach $8 Billion If Tiger Global Investment Deal Happens
Tiger Global Management is in talks with cryptocurrency exchange Coinbase, which was valued at $1.6 billion in August after a $100 investment million by a venture capital firm.
Over Half Of Cryptocurrency Exchanges Have Poor Security For User Accounts: Report
Over the past 8 years, about 31 cryptocurrency exchanges have been hacked and about $1.3 billion have been stolen. A new report says over half of all exchanges don't have proper user account security in place.
iPhone XS Passcode Bypass Hack Allows Access To Contacts, Photos
A video on YouTube shows a series of complex steps involving Siri, Apple's VoiceOver screen reader feature, and Notes application that can get by the passcode security on iPhone devices running iOS 12.
Zebpay Cryptocurrency Exchange Shuts Operations As Indian Government Delays Regulations
Launched in 2015, Zebpay was originally called BuySellBitco and had raised close to $1 million in equity funding from angel investors.
Former UBS Executives Want To Build Licensed Crypto Bank, Raise $100 Million
By securing investment, the startup from Switzerland which is run by former USB executives, intends to become a licensed bank and securities dealer called SEBA Crypto AG.
Cryptocurrency Lobbyists In Congress To Receive Payment In Ripple Tokens
Securing America's Internet of Value Coalition plans to pay Klein/Johnson Group, a bipartisan lobbyist and a public policy firm, about $25,000 and 10,000 XRP tokens every month.
Dell Planning Blockchain, Artificial Intelligence Investments To Drive Server Growth
Dell EMC's servers and networking business posted a revenue of $5.1 billion in the second quarter of 2018, a 34 percent increase from 2017.
Bitmain IPO Coming: Crypto Mining Hardware Maker Reveals Plans, Profits
The maker of Antminer devices for mining cryptocurrencies, Bitmain grossed over $2.5 billion in revenue in 2017, and sales in first six months of 2018 surpassed $2.8 billion.
Coinbase To Add More Digital Assets, New Policy Says
Currently, Coinbase supports five cryptocurrencies - bitcoin, bitcoin cash, ethereum, ethereum classic, and litecoin - on its exchange platform.
Airline Frequent Flyer Miles Being Sold By Hackers For Cryptocurrency
The prices of the stolen frequent flyer miles on the dark web were not consistent across vendors, and could be based on the vendor’s own needs rather than on supply and demand.
Walmart, IBM Launch Blockchain-Enabled Food Tracing Initiative
For tracing the food products sold in its stores, Walmart has tied up with technology company IBM to implement blockchain in its food supply chain process.
Dubai Integrates Blockchain Into Online Payment Portal For Real-Time Transactions
DubaiPay collected about $3 billion from 9.4 million transactions in 2017, an increase of 17 percent compared to 2016.
To Stop Cryptocurrency Firms From Leaving, Switzerland Issues New Blockchain Guidelines
Around 530 blockchain startups have settled in Switzerland’s Crypto Valley hub around Zurich and Zug.
Bitcoin, Other Cryptocurrency Donations Accepted By UNICEF France Now For Charity Work
In March, a total of 85 ethereum tokens were raised by an earlier UNICEF initiative, called Game Chaingers, that mined cryptocurrencies for humanitarian activities.
Cryptocurrency Tax: Congressmen Want IRS To Frame Clearer Code
Current IRS guidance on cryptocurrency dates back to 2014 when bitcoin traded at a fraction of its current value and most altcoins had not yet been created.
Ripple To Launch Payment Service, XRP Price Surges By 74% Since Announcement
Ripple has major institutions and companies — including MoneyGram, Western Union, Mercury FX and Cambridge Global Payments — testing xRapid, which could use the XRP token.
State Department Email Breach Leaks Employees' Personal Data
According to the State Department's own records, it employs 69,000 people, of which about 600-700 were affected by the breach of the department's unclassified email system.
Cryptocurrency Exchange Zaif Hacked, $60 Million Worth Of Tokens Stolen, Operations Suspended
Out of the $60 million worth of tokens that were stolen from Zaif, $20 million was owned by the cryptocurrency exchange.
Fidelity Investments To Announce Cryptocurrency, Blockchain Products By 2018-End
The public charity of Fidelity Investments started to allow philanthropists to donate using bitcoin in 2015 and raised up to $6 million in cryptocurrency donations in the first half of 2017.
Cryptocurrency Regulation: UK Treasury Committee Report Calls For New Rules
Some of the problems in the cryptocurrency space are volatile prices, vulnerabilities to hacking, minimal consumer protection, and anonymity that could aid money laundering.
Cryptocurrency News: Hackers Infect Indian State Government Websites With Mining Tool
Cryptojacking has become an increasingly popular way for hackers to acquire unauthorized access to personal computers for mining cryptocurrencies.