Montana Passes Bill to Recognize Utility Tokens and Exempt Them From State Securities May 24, 2019

The United States State of Montana has recognized utility tokens and exempted them from state securities by passing a new bill this month. House bill 584, titled “Generally revise laws relating to cryptocurrency,” was signed by the Governor of Montana Steve Bullock on May 8. Initiated by State Representative Shane Morigeau, the bill had its […]

Ryan Kavanaugh’s Media Firm Secures $100 Million Investment for Crypto Project May 23, 2019

United States-based film producer Ryan Kavanaugh’s Proxima Media has unveiled a $100 million investment for a cryptocurrency-based film funding tool, entertainment industry news outlet TheWrap reported on May 23. Per the report, Proxima Media — which Kavanaugh founded and owns — announced plans for a new crypto-enabled financing tool for film, TV, music and other […]

NYMEX Trader: Bitcoin Soon to Move Back to $7,000, Markets to Consolidate May 22, 2019

A cryptocurrency trader at the New York Mercantile Exchange (NYMEX) said that bitcoin (BTC) will likely move back to $7,000 and consolidate soon in an interview with CNBC on May 21. Delivering his comments on CNBC’s Trade Alert show, Anthony Grisanti of NYMEX said that he thinks the price of bitcoin will get back to […]

‘Blockchain Is Really Democratizing a Lot of Things,’ Interview With Marta Piekarska, Director of Hyperledger’s Ecosystem May 21, 2019

This interview has been edited and condensed. Hyperledger, an open source project, was created in 2016 by the Linux Foundation in order to support the development of blockchain-based distributed ledgers. All the members of Hyperledger — including such major actors as Intel, Accenture, JPMorgan Chase, Hitachi, Fujitsu, Alibaba Cloud, Citigroup, Deutsche Telekom and many others […]

White Hat Hackers Earn $32,000 for Finding Crypto Security Exploits in Last Two Months May 20, 2019

White hat hackers have earned $32,000 in bounties over the last two months by reporting security holes in crypto and blockchain projects, according to a report by Hard Fork on May 20. This lump sum of over $30,000 was distributed by 15 firms from March 28 to May 16 and documented in 30 public bug […]

Hodler’s Digest, May 13–19: Top Stories, Price Movements, Quotes and FUD of the Week May 19, 2019

Top Stories This Week Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Bitstamp Starts Investigation After Large BTC Sell Leads to […]

Blockchain as Key to Vienna’s Digital Future — Interview with Ulrike Huemer, CIO of Vienna, Austria May 18, 2019

Austria is Europe’s leader in terms of applying modern day technology to better the all-around welfare of its citizens. Making cities “smart” and digital is a key part of transforming public goods and services in order to reach that goal. Vienna is especially keen on innovation, trying to find new solutions by way of digitization. Easy […]

Bitstamp Starts Investigation After Large BTC Sell Leads to $250 Mln Liquidated on BitMEX May 17, 2019

Major crypto exchange Bitstamp has launched an investigation after a large bitcoin (BTC) sell order heavily impacted its order book, as the firm announced in a tweet on May 17. Bitstamp reported an execution of a large sell order in BTC to United States dollars (USD) on its platform today, as the exchange wrote earlier […]

Blockchain Sister Startups Allegedly Pull $8 Million Exit Scam May 16, 2019

Blockchain startups RepuX and JoyToken have reportedly pulled a joint initial coin offering (ICO) exit scam, according to an exposé by Hard Fork of The Next Web (TNW) on May 16. RepuX and JoyToken reportedly ran their ICO promotions during March and April of 2018, and are now walking away with $4.7 million and $3.3 […]

Reserve CEO Predicts Central Banks Will Tokenize, Still Room for Stablecoins May 15, 2019

CEO Nevin Freeman of stablecoin startup Reserve predicts that central banks will tokenize their currency at some point, but stablecoins will likely still have an advantage in offering privacy. Freeman delivered his remarks at the Consensus 2019 panel “The End of Volatility? Stablecoins on the Rise” on May 15. During the panel, moderator Joel Telpner, […]

Bank of France is Closely Watching Stablecoin Developments, Says Governor May 14, 2019

The Bank of France has taken an interest in stablecoins, as indicated by the bank’s governor Francois Villeroy de Galhau in a Bloomberg report on May 14 . Villeroy has said that the bank is “observing with great interest” growing networks that allow members to exchange stablecoins for tokenized securities, goods, and services. He makes […]

Research: ICO Market Down Almost 100% From a Year Ago, Raised $40 Million in Q1 2019 May 13, 2019

The initial coin offerings (ICO) market is down 97% on a year-on-year basis making $40 million so far in 2019, according to research by cryptocurrency exchange BitMEX released on May 13. In the first quarter (Q1) of 2019, the ICO market has reportedly dropped by 97% based on the amount of attracted capital. The slump […]

Hodler’s Digest, May 6–12: Top Stories, Price Movements, Quotes and FUD of the Week May 12, 2019

Top Stories This Week Hackers Withdraw 7,000 Bitcoins in Binance Crypto Exchange Security Breach Binance, one of the largest cryptocurrency exchanges by daily trade volume, experienced a security breach this week, losing a little over 7,000 bitcoins (BTC). CEO Changpeng Zhao stated at the time that the bitcoins were withdrawn from its hot wallets, which […]

US Blockchain Investor Terpin Awarded Over $75 Million in SIM Swapping Case May 11, 2019

United States blockchain and crypto investor Michael Terpin has won $75.8 million in a civil case against 21-year-old Nicholas Truglia, who reportedly defrauded him of crypto assets. Reuters reported the news on May 10. Per the report, the California Superior Court last week ordered Manhattan resident Truglia to pay the amount above in compensatory and […]

Messari CEO: Ethereum 2.0 Proof-of-Stake Transition Not to Happen Until at Least 2021 May 10, 2019

The Ethereum (ETH) 2.0 proof-of-stake (PoS) transition will not take place until 2021, the CEO of crypto analytics firm Messari predicted at a panel of ConsenSys’ Ethereal Summit on May 10. During the panel titled “The Smart Contract War Is Coming,” Messari’s Ryan Selkis pointed out major risks associated with Ethereum’s migration from a proof-of-work […]

Overstock’s Blockchain Arm Receives $5 Mln From Chinese Firm Following Delays May 9, 2019

Overstock’s blockchain subsidiary tZero has finally secured a $5 million investment from Chinese investment firm GSR Capital, Overstock announced on its latest earnings conference call on May  9. Following an investment in cash and marketable securities, Overstock evaluated tZero’s worth at $1 billion, which is $500 million less than the company initially projected in August […]

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 8 May 8, 2019

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Hackers have breached the security cover of one of […]

Cybercriminals Sneak in Crypto Mining Malware via Confluence Software Exploit May 7, 2019

Cybercriminals are now reportedly exploiting known vulnerability CVE-2019-3396 in the software Confluence, a workspace productivity tool made by Atlassian, according to a report by security intelligence firm Trend Micro Inc. on May 7. The exploit that has been developed allows cybercriminals to stealthily install and run a monero (XMR) miner on a vulnerable computer, as […]

Cobinhood Crypto Exchange Co-Founder Ceases to Participate in Firm Following Disputes May 6, 2019

Co-founder of Taiwan-based crypto exchange Cobinhood has been removed from corporate affairs since late April 2019, the firm announced on its Telegram group on May 6. Tai-yuan Chen, also known as Popo Chen, has “ceased to participate” in the firm due to “personal and investor disputes,” the announcement says. Specifically, Cobinhood wrote that their team […]

Hodler’s Digest, April 29 – May 5: Top Stories, Price Movements, Quotes and FUD of the Week May 5, 2019

Top Stories This Week Fractional Reserve Stablecoin Tether Only 74% Backed by Fiat Currency, Say Lawyers According to documents released by USD stablecoin tether’s (USDT) lawyers, the company behind the stablecoin only has enough fiat reserves to back a little less than three-quarters of its existing supply — 74%. Tether executives had previously publicly promised […]

How Security Tokens Can Prevent an Impending Financial Crisis May 4, 2019

Many economists argue that the root causes of the 2008 global financial crisis have yet to be addressed comprehensively, or that measures taken have been exhausted, such as the extent to which quantitative easing was used, which has been put forward by the deputy director of the International Monetary Fund (IMF). Some argue that the […]

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 3 May 3, 2019

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Intercontinental Exchange Inc (ICE) has been loading up on […]

Vanbex Founders Sue Former Contractor for False Statements That Firm Was a Scam May 2, 2019

Canadian blockchain firm Vanbex has filed a lawsuit against its former contractor for spreading false and defamatory statements about the firm, as Vanbex announced on May 1. On March 14, Canadian police froze personal assets of the firm’s founders Kevin Hobbs and Lisa Cheng due to an allegedly fraudulent initial coin offering (ICO). According to […]

Grayscale to Launch Pro-Bitcoin Ads ‘Drop Gold’ on Social Media, Linear TV May 1, 2019

New York-based digital asset manager Grayscale Investments has introduced its pro-bitcoin (BTC) advertising initiative “Drop Gold” in a press release on May 1. The Drop Gold campaign is based on the emergence of bitcoin as an alternative to gold investments. In particular, the advertising campaign is promoting bitcoin investment within Grayscale’s publicly traded Bitcoin Investment […]

JPMorgan Chase Senior Executive Becomes CEO of Blockchain Precious Metals Firm April 30, 2019

Blockchain-powered precious metals platform Tradewind has appointed an ex-JPMorgan Chase executive as its new CEO, the company confirmed in a press release on April 30. Michael Albanese, who previously worked as the bank’s Global Head of Agency Collateral Management and Global Head of Securities Clearance, will take over Tradewind’s operations immediately. Those currently include the […]