Crypto Week In Review: Nasdaq Leads Regulation Talks, Legitimizing Bitcoin July 29, 2018

Discussion about cryptocurrency-related regulation continued into this past week, as Bitcoin took the lead, driving the market up by just under 10% overall. Winklevoss Twins’ Revised ETF Gets Shot Down By The SEC On Thursday, the announcement of the most recent verdict regarding the Winklevoss Twins’ Bitcoin ETF hit headlines all across the industry. According […]

Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange July 29, 2018

Altcoins A South Korean firm claimed to have found the wreck of a Russian warship sunk in 1905 with $130 billion worth of gold on board. The cruiser and its treasure are linked to a crypto exchange and token which the firm reportedly promised to distribute to anyone signing up with the exchange. As the […]

Bitflyer Cracks Down on Market Manipulation – Coincheck Eyes August Relaunch July 29, 2018

Exchanges Japan’s largest crypto exchange, Bitflyer, may freeze accounts caught manipulating prices. Meanwhile, GMO Internet has released quarterly earnings for its crypto exchange subsidiary, currently looking to borrow some BTC from customers. In addition, Coincheck plans to reopen next month after it was hacked earlier this year. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

Secret Plots, Google Bans, and Augur Assassination Markets: This Week in Crypto July 29, 2018

Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes or wherever you get your podcasts. Price Watch: Bitcoin increased nearly 9% this week after a non-trivial gain of 18% last week. The price was all over the place this […]

Japan Self-Regulatory Crypto Exchange Association Considers Trading Cap for Some Clients July 28, 2018

The Japan Virtual Currency Exchange Association (JVCEA) will obligate its member exchanges to place limits on the trading activity of some clients, Cointelegraph Japan reports today, July 28. The self-regulatory body has reportedly established a policy of to require its member crypto exchanges to place maximum limits on the volumes traded by the exchanges’ customers. […]

Blockchain May Add $5 Billion to Indian Economy In The Next Five Years, Expert Says July 28, 2018

Distributed ledger technology may add $5 billion to Indian economy in the next five years, according to NASSCOM’s VP Industry Initiatives. The non-profit trade association, which represents the sector of software and services companies in the country, has backed blockchain technology for many years. NASSCOM Promotes Blockchain In India for Its Potential for Economic Growth […]

Interview: Joe Fanelli, Co-Founder of Top 21 Block Producer EOS Asia July 28, 2018

Since going live a couple of months ago, EOS has generated a lot of column inches for good or for bad. One man who knows a things or two about the cryptocurrency, fifth-largest by market cap, is Joseph Fanelli. He is the co-founder of EOS Asia, which is an active block producer on the EOS […]

Telegram Reveals Personal ID Verification Tool for Sharing Data with ‘Finance, ICOs’ July 28, 2018

The crypto and blockchain industry’s go-to encrypted messenger app Telegram has released a personal identification authorization tool, according to an official statement published July 26. The tool, dubbed Telegram Passport, reportedly encrypts a user’s personal ID information and let’s users securely share their ID data with third parties, which the Telegram post elaborates on as […]

DragonEx Launched Supernode Program with Support from Multiple Capitals July 28, 2018

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned […]

Digitising Timber with Blockchain and IoT to Modernie Energy and Manufacturing Sectors in Laos July 28, 2018

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned […]

The Daily: US Presidential Candidate Accepts Crypto, KICKICO Hacked – $7.7M Stolen July 28, 2018

The Daily US presidential candidate, Andrew Yang (D), has announced that his campaign for the 2020 election is now accepting cryptocurrency donations. Also in the Daily, Chinese social network, Tianya, is about to issue a native token, and the KICKICO project has been hacked – resulting in the loss of $7.7 million USD worth of […]

Chinese Social Network Tianya is Launching a Native Cryptocurrency July 28, 2018

The Tianya Community in China, a social network of 130 million users that seeks to create the country’s most influential platform for content and knowledge creation, has announced a blockchain based initiative to rebuild its ecosystem. The new ecosystem will launch on Aug. 8 and will make use of a blockchain based token, TYT, according […]

G20 Hears Out Multiple Crypto Reports in July, Waiting for FATF to Test Its Standards by October July 28, 2018

The G20, after it was called upon by France’s finance minister Bruno Le Maire to have a public debate about cryptocurrencies at the G20 Summit in Buenos Aires, made strides towards a global front for regulation of digital currencies. Those strides could however be only considered baby steps as, at the conclusion of a meeting […]

South Korean Regulator Presses Lawmakers to Pass Crypto Bill Urgently July 28, 2018

Regulation South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges. There are currently several crypto-related laws pending at the National Assembly. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Law Urgently Needed South Korea’s top financial […]

Thai Bond Market Association to Launch Blockchain-Based Registrar Bond Service Platform July 28, 2018

The Thai Bond Market Association (TBMA) will deploy a blockchain-powered solution on its registrar service platform, local news agency Bangkok Post reports July 28. The new registrar service platform, which is scheduled to be introduced this year, intends to provide a faster bond certificate issuance and, in turn, boost the liquidity of the secondary market, […]

Circle Taps Fmr. Goldman Sachs Executive to Spearhead Regulatory Affairs July 28, 2018

Circle Internet Financial has hired Benedicte Nolens, a former Goldman Sachs executive director, as its new head of global regulatory affairs and head of compliance for Europe and Asia operations, as the company expands into global crypto securities trading, according to Business Insider. Benedicte Nolens | Source: LinkedIn Nolens brings significant regulatory experience, joining Circle […]

Tezos Foundation Taps ‘Big Four’ Firm PwC for Independent Audit July 28, 2018

Major auditing firm PricewaterhouseCoopers (PwC) Switzerland has agreed to conduct an independent audit of the Tezos Foundation’s finances and operations, the foundation announced on Monday. PwC, considered one of the “Big Four” auditing firms, will review the finances of the Tezos Foundation, which is holding hundreds of millions of dollars worth of cryptocurrencies and other […]

The Daily: Twitter Blocks Bots Mimicking Musk, Coinvault Hackers Sentenced July 27, 2018

The Daily In Friday’s edition of The Daily, Twitter has taken measures against crypto scammers imitating the profile of Tesla’s CEO Elon Musk and a Dutch court has sentenced the operators of the Coinvault ransomware. Also, crypto has been labeled as ‘junk’ by Mastercard CEO Ajay Banga, and Wirex has reported $2 million worth of […]

Indian Government-Appointed Commission Recognizes Crypto as Means of Payment July 27, 2018

Regulation The law commission established by the order of the Indian government has issued a report recognizing cryptocurrency as a means of payment. This is reportedly the first time that a body appointed by the government admitted cryptocurrencies have value and can be used in transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government-Appointed […]

Japanese Cryptocurrency Exchanges Plan Limits on Borrowed Margin Trading July 27, 2018

Japan’s primary self-regulatory body for cryptocurrency exchanges is finalizing a proposal to enforce a limit on the amount of funds investors can borrow for margin trading of cryptocurrencies. The Japan Virtual Currency Exchange Association (JVCEA) is proposing a 4-to-1 limit on margin trading wherein investors will only be allowed to borrow up to four times […]

FlipNpik Is the Gateway for a New Generation of Influencers July 27, 2018

This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Although FlipNpik is currently undergoing an ICO, the app has already been successfully launched in a number of countries. You can now combine your love of photography with an […]

SECC: Blockchain Security Is in an Era of Vulnerability July 27, 2018

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned […]

Crypto Wallet to Replace Private Keys With Encrypted QR Codes July 27, 2018

Decentralized cryptocurrency wallet SafeWallet is launching a new QR code-based user identification system to replace mnemonic phrases and private keys, the firm announced Friday. The app, operated by China-based Cheetah Mobile, will use a two-tier security system to grant users access to their holdings, according to a press release. The first stage will have users scan […]

New Crypto Mining Malware Targeting Corporate Networks, Says Kaspersky July 27, 2018

Researchers at Kaspersky Lab have uncovered a new form of cryptojacking malware targeting corporations in multiple countries, the cybersecurity firm reported Thursday. PowerGhost, a form of fileless malware – which uses a system’s native processes to hijack a computer – has reportedly been spreading on corporate networks in India, Brazil, Colombia and Turkey. The software […]

HashFlare’s Exit and the Future of Cloud Mining July 27, 2018

The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com. Cloud mining — a service that enables individual users to lease hashing power from dedicated cryptocurrency mining operations — came forth as professionalization and cartelization of the mining business began to drive out smaller and insufficiently equipped players […]