Ban U-Turn? India’s Central Bank Admits Cryptocurrency Regulation is Necessary July 23, 2018

In a first, India’s central bank has called for the regulation of the domestic cryptocurrency sector during Friday’s hearing at the Supreme Court, weeks after enforcing a banking ban against crypto companies. Earlier in April, the Reserve Bank of India (RBI) issued a circular that forbade all financial institutions – banks included – from offering […]

Don't Let the Crypto Circus in Congress Fool You July 23, 2018

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Progress? Judging from the most eye-catching headlines from two separate hearings on Capitol Hill Wednesday, […]

South Korea’s Crypto Regulation Shakeup: New Bureau, Agreement With China July 23, 2018

Regulation South Korea’s top financial regulator is planning a major organizational restructuring that includes introducing some new crypto policy initiatives. A bureau dedicated to financial innovations that include cryptocurrencies is being set up. In addition, an agreement with Chinese authorities relating to crypto and initial coin offerings has also been reached. Meanwhile, the contracts between […]

Cryptowhispers: DDoS Attacks, Major Exec in Serious Crash, Twitter Drama July 23, 2018

Op-Ed Cryptowhispers explores the wildcatting world of direct denial of service (DDoS) attacks, and why the socially maladjusted tend to flock to that particular vector … especially for coin projects they hate; a popular cryptocurrency trading application executive was involved in a serious car accident on the eve of an anticipated cross promotion at Comic […]

EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis: Altcoins Priming for Further Gains July 23, 2018

From the charts, it’s likely that EOS, Litecoin, IOTA and even Tron buyers will continue with their upward trajectory after yesterday’s rejection of lower lows. It’s important to note that this injection of buy momentum happened right at key support lines. Solely because of this and the way our charts are set up, we expect […]

Over 500 BTC Belonging to Iranians Seized by US Government: Report July 22, 2018

Finance According to the head of Iran’s Blockchain Association, over 500 BTC belonging to Iranians were confiscated by the U.S. government last year, and the number is still rising. He explains that Iranians are unable to take action through proper channels from within their country due to Iran’s legal status of cryptocurrency. Also read: Yahoo! Japan […]

Crypto Week In Review: Sentiment Starts To Shift As Bitcoin Moves Up 15% July 22, 2018

Sentiment regarding the cryptocurrency market took a large shift this past week, as Bitcoin rallied 15% due to a series of positive technical and fundamental indicators. IBM To Use Stellar-Based Stablecoin For Faster Financial Payments IBM, one of the largest technology firms in the world, has just announced that it will be exploring the utilization […]

Bitcoin Price Booms, App Launches and Acquisitions: This Week in Crypto July 22, 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. Also make sure you check out last weeks interview with Bridge CEO Stephen Hyduchak. Price Watch: Bitcoin increased nearly 18% this week after […]

Asian Asset Manager Focusing on Family Offices to Launch Crypto-Custody Solution July 22, 2018

The Fusang Investment Office, an Asia-based fund management firm focusing on family offices, is planning to launch a crypto-custody service in Hong Kong, local news outlet the South China Morning Post reports Sunday, July 22. The custody service, Fusang Vault, will hold digital assets for clients as well as provide periodic audits, according to the […]

Patent for GabroTech Blockchain Technology on Loyalty Rewards Solution July 22, 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 […]

Hodler’s Digest, July 16-22: Coinbase Backpedals on Regulatory Approval and Switzerland Becomes Even More Crypto Friendly July 22, 2018

Coming every Sunday, the Hodler’s Digest will help you to 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. Top Stories This Week Crypto Exchange Coinbase Retracts Announcement Of Getting Regulatory […]

Korean Firm Discovers $130 Billion in Gold from Sunken Russian Battleship, Plans To Launch ICO July 22, 2018

Shinil Group, a South Korea treasure-hunting company, has announced that it will launch an ICO after discovering worth $130 billion in gold from the wreckage of the Russian cruiser Dmitrii Donskoi. Dmitrii Donskoi was scuttled in 1905 after being severely damaged in the Russo-Japanese War. Since then, it has been ‘found’ many times in the past two decades. […]

Reserve Bank of India Urges Supreme Court to Regulate Crypto July 22, 2018

India’s central bank, the Reserve Bank of India (RBI), has urged the country’s Supreme Court to regulate cryptocurrencies, local news outlet the Financial Express reports July 21. In April of this year, the RBI announced it will stop providing services to businesses or persons dealing with cryptocurrencies, citing high risks. The RBI’s senior advocate Shyam […]

UK Police Top up Budget With Proceeds From Sale of Seized BTC July 22, 2018

A UK police department has sold 295 BTC which they say were legally seized from a drug dealer. The court ordered him to forfeit his crypto stored in a hardware wallet. The police reportedly get to keep 18.8% of the sale proceeds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space British Police Seized BTC […]

Indian Central Bank Makes a Case Before Supreme Court Against Allowing Crypto Use July 22, 2018

Regulation India’s central bank told the country’s supreme court on Friday that “allowing dealings in cryptocurrencies like bitcoin would encourage illegal transactions.” Other crypto petitions being heard include one asking the government to “take emergency steps to restrain the sale and purchase of illegal cryptocurrencies.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI’s […]

Bitcoin Makes Major Headway: CFA Exam Will Now Include Crypto Topics July 21, 2018

Cryptocurrencies and blockchain technologies are making serious headway in the financial industry, the most recent sign being the decision by the CFA Institute, which offers the Chartered Financial Analyst designation, a three-level program, to include cryptocurrencies and blockchain to its Level I and II curriculums next year, according to Bloomberg. The material for the 2019 […]

Newly Created Industry Group Initiative Aims to Address Bitcoin Scalability Issues July 21, 2018

A team of Bitcoin engineers has announced the launch of the Bitcoin Operations Technology Group (Bitcoin Optech) addressing the problem of Bitcoin’s scalability, according to their statement published July 20. Bitcoin Optech is a non-profit organization backed by leading industry players like Xapo CEO Wences Casares, executive of Kohlberg Kravis Roberts & Co. Ltd John […]

Worst Not Yet Over for Bitcoin Price: BitMEX CEO Arthur Hayes July 21, 2018

Seems like that anticipated trip to the Lambo dealership will have to be put off for later. According to the co-founder and CEO of Bitcoin Mercantile Exchange, Authur Hayes, the rally that bitcoin has experienced this week was accompanied by healthy volumes, making it possible for higher levels to be reached. However, prices could reverse […]

CME Bitcoin Futures Daily Volume Spikes 93% in Q2 2018 July 21, 2018

CME Group’s bitcoin futures average daily volume spiked 93% in the second quarter over the previous quarter, while open interest posted a 58% increase, the company noted on Twitter. Average daily volume jumped from 1,854 in the first quarter to 3,577 in the second quarter, while open interest rose from 1,523 to 2,405 in the […]

Bitcoin Cash Developers Debate an Idea Called Pre-Consensus July 21, 2018

Technology & Security This past Thursday, the lead developer of Bitcoin ABC, Amaury Séchet, published a paper on the social media platform Yours.org about a protocol technique called ‘pre-consensus.’ According to Séchet, and other BCH developers like Bitcoin Unlimited’s Peter Rizun, pre-consensus could improve block propagation time, benefit zero-confirmation reliability and help delegate decisions tethered […]

Insurance Giants See ‘Big Opportunity’ in Cryptocurrency Storage Coverage July 21, 2018

Big insurance companies such as XL Group, AIG and Chubb are quietly offering cryptocurrency insurance as cryptocurrencies and blockchain technology continue to gain acceptance. While the insurance companies active in this sector are not doing a lot to publicize their activities, those interviewed said they can avoid liabilities. According to Bloomberg more than a dozen […]

Harassment Is a Real Issue for Cosplayers but Help Is at Hand July 21, 2018

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Harassment of cosplayers is a serious issue that needs to be tackled earnestly. “Cosplay is not consent” signs have been up since 2014 at the New York Comic […]

XMAX – A New Vision for Blockchain Development July 21, 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 […]

A Cutting-Edge Multi-Cryptocurrency Hardware Crypto-Wallet from OraSaifu is About to Hit the Global Market July 21, 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 […]

India Has Become More Optimistic in Crypto as Big Companies Challenge Court July 21, 2018

Crypto companies were heard in India today as they told the supreme court that the ban on banks interacting with cryptocurrencies is illegal. The global community has placed widespread pressure on the courts to stop the ban, as crypto exchanges have threatened to take their business elsewhere. Banking Ban Could be Lifted Imminently On July […]