Binance DEX: Navigating Country-Specific Cryptocurrency Trading Restrictions June 9, 2019

At the start of June 2019, reports emerged that Binance DEX’s website was blocking users with IP addresses from 29 countries. This news immediately caused confusion with some commentators, using it as an opportunity to reaffirm their stance that Binance DEX is not truly a decentralized exchange (DEX). However, as it turned out, the initial […]

Life of Luxury: Fashion Turns to Blockchain June 8, 2019

Although once confined largely to agriculture, blockchain technology is now making major inroads into the luxury goods supply chain market. Thus, Consensys recently announced a new platform with French multinational luxury goods conglomerate LMVH and the technology behemoth Microsoft to verify the authenticity of luxury goods. Luxury brands trial blockchain Although many products in the […]

Crypto Exchange With 2 Million Users Launches Apps for Apple and Android Devices June 7, 2019

A crypto exchange that claims it has amassed more than 2 million registered users in the space of four months has released new apps for Android and Apple smartphones. As well as supporting transactions in a multitude of cryptocurrencies, Bitsdaq says its app offers real-time updates on movements in the markets — and enables users to […]

SL Benfica Offers Cryptocurrency Payment Option for Online Store June 6, 2019

Major Portuguese sports club SL Benfica now accepts cryptocurrency for merchandise and tickets, Verdict reports on June 6. According to the report, SL Benfica partnered with cryptocurrency service Utrust to provide the new payments option. Fans and customers can now buy tickets any products on the club’s website with Utrust’s native token (UTK), or with […]

P2P Bitcoin Exchange HodlHodl Launches Lightning Network Support June 5, 2019

Non-custodial peer-to-peer (P2P) bitcoin (BTC) exchange HodlHodl announced Lightning Network support in a Medium article published on June 5. The announcement claims that now “everyone is able to buy bitcoins and receive them directly into their Lightning wallet & sell bitcoins directly from their Lightning wallet.” The post also notes that the platform has previously […]

SEC Sues Kik for Conducting Allegedly Unregistered $100 Million ICO in 2017 June 4, 2019

The United States Securities and Exchange Commission (SEC) has sued Canadian startup Kik for an unregistered $100 million token offering, the regulator officially announced on June 4. According to the SEC’s complaint, Kik violated the registration requirements of Section 5 of the Securities Act of 1933. The agency is seeking a permanent injunction, disgorgement plus […]

Indian Police Uncover Cryptocurrency Scam Involving BitConnect Promoter June 3, 2019

Indian police have reportedly discovered an alleged multi-million dollar cryptocurrency scam, involving a BitConnect promoter, local media outlet the Times of India reported on June 3. The Criminal Investigation Department (CID) in Gujarat, India, has accused Divyesh Darji — a promoter of now-defunct cryptocurrency investment program BitConnect that ceased its operations in January of last […]

Binance DEX Will Geoblock Users From 29 Countries, Including the US June 2, 2019

The decentralized exchange (DEX) developed by major cryptocurrency exchange Binance will block access to users based in 29 countries. The DEX informs potential users of the restriction via a message that appears when accessing the platform from one of the regions. The message appearing on the platform states: “It seems you are accessing www.binance.org from […]

Bitcoin Price Approaches $8,600 as Top Cryptos See Slight Gains June 1, 2019

Saturday, June 1 — most of the top 20 cryptocurrencies are reporting slight gains on the day by press time, as bitcoin (BTC) approaches the $8,600 mark. Market visualization courtesy of Coin360 Bitcoin is up just over 1% on the day, trading at $8,532 at press time, according to CoinMarketCap. Looking at its weekly chart, […]

Ernst & Young Exec: Most Ethereum Decentralized Apps Not Used Productively May 31, 2019

83% of decentralized applications (DApps) on the Ethereum network are “not in the most productive uses,” according to Ernst & Young’s (EY) head of innovation. Paul Brody, Global Innovation Leader for blockchain at Big Four audit firm EY, spoke about developments in the blockchain and digital asset industries during a Fintech Forum hosted by the […]

Coinbase Now Supports Cryptocurrency Token EOS May 30, 2019

Major United States-based cryptocurrency exchange and wallet service Coinbase has added support for EOS, according to a press release on May 30. The new addition is reportedly available for trading and storage in most areas covered by Coinbase, with the exception of the United Kingdom and New York at press time. The announcement also notes […]

Block.one’s EOSIO Labs Release iOS and Chrome Authenticator Apps May 29, 2019

Block.one’s EOSIO Labs has released Reference Authenticator Apps for iOS and Chrome. The development was announced in a blog post published on May 29. Per the post, the newly implemented developments address improvements to the security, interoperability and usability of authenticators by contributing working code and examples. Authenticators are software-based tools that implement two-step verification […]

Velocity Ledger Technology Launches Testnet and Blockchain API in Bermuda May 28, 2019

Bermuda-based fintech firm Velocity Ledger Technology (VLT) has launched a testnet and blockchain API for trading digital assets in Bermuda, according to a press release shared with Cointelegraph on May 28. VLT is reportedly letting users develop digital asset applications with their blockchain viewer and web portal, if they are granted early access to the […]

Computer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple Users May 27, 2019

Online cryptocurrency paper wallet creator WalletGenerator.net previously ran on code that caused private key/public key pairs to be issued to multiple users. The vulnerability was described in an official blog post by security research Harry Denley of MyCrypto on May 24. According to the post, the bad code was in effect by August 2018, and […]

Top 5 Crypto Performers: BSV, BNB, LTC, BCH, DASH May 26, 2019

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Instant messaging service Telegram reportedly plans to launch […]

Confident in the Future: EOS Developers Attempt 10% Buyback Ahead of Major Announcement May 25, 2019

Earlier this week, it was revealed that EOS developer Block.one is attempting a 10% buyback of its stock, reportedly the second one in less than a year. It seems that some of the company’s investors are up for a big payday: The earliest backers could expect a hefty 6,567% return on their initial investments, while […]

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 […]