Category: Crypto

Bitcoin Up $1,000 in Just Two Days, Almost All Top 100 Coins See Green

Wednesday, July 18: crypto markets are continuing to climb fast, with 98 out of the 100 top cryptocurrencies by market cap in the green over the past 24 hours, according to data from Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC)...

/ July 18, 2018

China to Lead International Standardization Research Group for IoT, Blockchain Tech

China will lead an international research group on the standardization of the Internet of Things (IoT) and blockchain technology, local news outlet Science and Technology Daily reports July 18. The joint technical committee of the International Organization for Standardization (ISO)...

/ July 18, 2018

Crypto Exchange to Target African Market by Offering Low Transaction Fees

An “advanced and robust” trading platform is vowing to help emerging economies embrace cryptocurrencies and blockchain technology — in the hope that inclusion and education will bring economic freedom to the masses. KuBitX claims that there is widespread reluctance to...

/ July 18, 2018

Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier

Avenue Capital Group co-founder Marc Lasry has said that Bitcoin’s (BTC) price is going to hit $40,000 n bullish comments to CNBC on July 18. Speaking in an interview for the network’s Squawk Box segment, Lasry, whose debt management firm...

/ July 18, 2018

Robin Hood Movie and Robinhood App Hold $50k Crypto Scavenger Hunt at Comic-Con

News Lionsgate studio and Robinhood app have teamed up to give away $50,000 in a crypto scavenger hunt at the San Diego Comic-Con this week. This is to promote the studio’s upcoming Robin Hood movie. Attendees will search for coins,...

/ July 18, 2018

Malwarebytes’ Cybercrime Q2 2018 Report: Cryptojacking is Plateauing in Response to Markets

Interest in cryptojacking is potentially waning among cybercriminals in response to lower cryptocurrency market valuations, according to a report from MalwareBytes Labs released July 17. Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without...

/ July 18, 2018

Wells Fargo Files Patent for Tokenization System to Protect Sensitive Data

San-Francisco-based bank Wells Fargo has outlined a patent for a tokenization system that would protect data, according to a filing published by the U.S. Patent and Trademark Office (USPTO) July 17. The newly published application details a system in which...

/ July 18, 2018

Bank of America Reveals Blockchain Patent for External Data Validation

Bank of America (BoA) has filed a patent for a blockchain-based system allowing the external validation of data, according to a United States Patent and Trademark Office (USPTO) patent filing released July 17. BoA’s patent filing proposes using blockchain for...

/ July 18, 2018

The Daily: Report Sees UK as Crypto Leader, Jersey Adopts ICO Rules

The Daily The United Kingdom has what it takes to become a true leader in the crypto space, according to a new report covered in today’s Bitcoin in Brief. Also in The Daily, the British Crown dependency of Jersey has...

/ July 18, 2018

Coinbase Retracts Announcement of Regulatory Approval to List Coins Considered Securities

Crypto exchange and wallet Coinbase has retracted its previous statement that it received approval from the U.S. Securities and Exchange Commission (SEC) to trade in securities, Bloomberg reports July 18. Last week, Coinbase reported that it could now operate as...

/ July 18, 2018

Mastercard Files Patent for Payment System Linking Blockchain Currency, Fiat Accounts

Mastercard has filed a new patent for consumer protection and payment transactions based on blockchain technology, according to a US Patent and Trademark Office (USPTO) patent filing published July 17. The new patent application includes a new form of a...

/ July 18, 2018

IBM Backs the Development of Latest New Stablecoin, Stronghold USD

Altcoins It seems like a new alternative for Tether (USDT) pops up at least once a week recently. And the latest stablecoin to hit the market involves an interesting supporter, computer technology giant IBM. Stronghold USD is said to be...

/ July 18, 2018

Coinsmart Launches Cryptocurrency Exchange for Canadian Tax Payers

Exchanges With the international regulatory drive to tackle tax evasion by cryptocurrency users, combined with a lack of clear guidance from authorities in many places, everyday people are concerned about handling reporting themselves. And where there is a need, companies...

/ July 18, 2018

Hedge Fund Issues Bearish Call on Ethereum and Sides with BTC

Markets and Prices Hedge fund Tetras Capital has issued a bearish call on ethereum and opined that bitcoin has more upside potential. The New York-based fund has been blessed with perfect timing, with ETH falling in BTC terms following the...

/ July 18, 2018

Stellar Becomes ‘First’ Sharia-Certified Blockchain for Payments And Asset Tokenization

Stellar, an open-source platform for distributed payments, is reportedly the first distributed ledger protocol to obtain Sharia compliance certification in the money transfer and asset tokenization field, according to a Stellar blog post published July 17. The Shariyah Review Bureau,...

/ July 18, 2018

Litecoin Founder Says in ‘Best Case’ Recent Bank Stake Could Result in Crypto Services

Litecoin founder Charlie Lee posted on Reddit today, July 17, to clarify his position within the Litecoin Foundation and the future of the Foundation following its acquisition of a stake in German bank WEG Bank AG. In his post, Lee...

/ July 18, 2018

Kodak-Branded Bitcoin Mining Scheme Collapses

Mining The Kodak-branded bitcoin mining rigs unveiled at the CES technology trade show this year will no longer be available to mine for customers. Amid scam accusations, the company behind the Kodak Kashminer crypto mining scheme has reportedly confirmed the...

/ July 18, 2018

Japan Revamps Financial Regulatory Agency to Address Issues in FinTech, Cryptocurrencies

Japan has overhauled its financial regulator, the Financial Services Agency (FSA), in order to better deal with fintech-related fields, including cryptocurrencies, news outlet Nikkei Asian Review reported July 17. Changes were made to various bureaus in order to make the...

/ July 18, 2018

Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners

Mining With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the...

/ July 17, 2018

Change.org Launches Screensaver That Mines Crypto for Charity

Crowdfunding Social petition platform, Change.org, has announced the launch of a screensaver that mines Monero on behalf of the organization. “The Mining Screensaver” will pool the computing power of the program’s users, with all XMR generated being automatically transferred to...

/ July 17, 2018