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Ripple Makes Last-Ditch Attempt to Dismiss Securities Lawsuit (cryptocurrencynews.com) 12/06/2019 - 5:16pm
Ripple has filed a final motion to dismiss a lawsuit alleging that it held an unauthorized securities sale of its XRP tokens, arguing that the plaintiffs failed to meet a legal deadline for filing the suit. The crypto company has reiterated its stance that XRP tokens are not a security and, therefore, not held to SEC regulations regarding...
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Ethereum Gets Solid Support from Ernst & Young: What to Expect (cryptocurrencynews.com) 12/06/2019 - 2:59pm
The past few days have been quite difficult for the crypto space due to the continuing poor performance by some of the leading tokens; however, major cryptocurrency Ethereum received some boost today. In a new development, consultancy giant Ernst & Young announced a new source code that could make the ETH blockchain far more efficient and...
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Ethereum Devs Propose Hard Fork to Address Impending Ice Age (cryptocurrencynews.com) 12/04/2019 - 3:26pm
Ethereum developers have proposed a hard fork, titled the Muir Glacier, which is aimed at addressing the impending Ice Age that could potentially slow down the Ethereum mainnet. A hard fork refers to a radical change to a network’s protocol that makes previously invalid blocks and transactions valid or vice-versa and requires all nodes or users to...
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VeChain (VET) Gains Momentum, But Will It Sustain? (cryptocurrencynews.com) 12/04/2019 - 1:29pm
The crypto sphere is going through a fair share of trouble at this point in time and many tokens have seen their prices crash in the last few days, but VeChain (VET) has emerged as an exception of sorts. This week, the VET token enjoyed an excellent rally and rose by as much as 18% to hit $0.00786 per token on most exchanges. What’s Next? That...
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Binance Announces Tezos Support and Acquisition of Dapp Platform (cryptocurrencynews.com) 12/03/2019 - 2:58pm
Binance, the world’s second-largest crypto exchange by daily volume, has announced that it will begin supporting Tezos (XTZ) staking and also announced its acquisition of Beijing-based DappReview, which offers data-driven research and advertising services to blockchain-based decentralized applications (dapps). Beginning from tomorrow, December 4,...
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Ethereum Dev Arrested After Speaking at North Korea Crypto Conference (cryptocurrencynews.com) 12/02/2019 - 5:46pm
Virgil Griffith, a developer who currently works with the Ethereum Foundation, has been arrested upon arrival in the US after speaking at the Pyongyang Blockchain and Cryptocurrency Conference in North Korea in April. The United States Attorney’s Office for the Southern District of New York announced on Friday that Griffith had been arrested at...
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Ripple Releases XRP Worth $225 Million From Escrow (cryptocurrencynews.com) 12/02/2019 - 1:44pm
Ripple has found itself in the eye of the storm at different points this year for selling a large amount of XRP at regular intervals. The San Francisco-based company is the biggest holder of XRP, the third-largest cryptocurrency in the world by market cap, and hence its actions have a bearing on the price of the token. How Will the Market React?...
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IDAX Exchange Suspends Accounts After CEO “Disappears” (cryptocurrencynews.com) 11/29/2019 - 5:46pm
IDAX, a Chinese cryptocurrency exchange, has suspended deposits and withdrawals after its CEO allegedly disappeared in what looks like an exit scam. In a blog post earlier today, IDAX said it was suspending all activity on the exchange after staff said they had been unable to contact their CEO, Lei Guorong, since November 24. As a result, the...
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TRON (TRX) Recovers After the Recent Sell-Off: What’s Next? (cryptocurrencynews.com) 11/29/2019 - 1:09pm
The cryptocurrency space has been in a bit of turmoil over the past week or so due to a variety of reasons, and the pressure was felt by TRON (TRX) as well. On Monday, there was a massive selloff in the token, and there were concerns over whether the crypto market still believed in the project or not. However, things have now improved, and the TRX...
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Bakkt Futures Trading Volumes Continue to Grow—But There’s a Catch (cryptocurrencynews.com) 11/28/2019 - 3:21pm
Bakkt futures trading volume hit a record high of 4,269 BTC in a single day; however, very little Bitcoin has actually been physically settled on the exchange. The launch of the futures trading exchange from the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, was one of the most highly anticipated events on the...
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Binance Launches Tezos (XTZ) Margin Trading: Key Points to Watch (cryptocurrencynews.com) 11/27/2019 - 2:25pm
The crypto market might be going through a massive slump at this point in time, but that has not stopped the biggest crypto exchanges from introducing new products. In a new development that will come as a further boost to crypto traders, Binance Binance has decided to launch margin trading in Tezos (XTZ) on its platform. Important News for Tezos...
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Libra Co-Founder Says It Isn’t Competing With Fiat Currencies (cryptocurrencynews.com) 11/26/2019 - 3:01pm
Libra co-founder and chief economist of Calibra Wallet Christian Catalini has attempted to clear up misconceptions in relation to the planned digital coin in an interview with CNN’s Julia Chatterley. The release of the whitepaper on Facebook’s (NASDAQ:FB) proposed coin back in June prompted massive debate from politicians around the world, most of...
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Ripple Finalizes $50 Million Investment in MoneyGram (cryptocurrencynews.com) 11/26/2019 - 2:02pm
Blockchain service provider Ripple Labs has finalized its $50 million investment in MoneyGram International (NASDAQ:MGI). The money transfer company received the final $20 million from the San Francisco-based firm as part of the commitment made in June 2019. Ripple Completes Investment in MoneyGram In June, the blockchain provider committed $30...
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Bitfinex and Tether Hit With Another Market Manipulation Suit (cryptocurrencynews.com) 11/25/2019 - 3:04pm
Bitfinex and its sister stablecoin issuer Tether have been handed another lawsuit alleging both firms manipulated the crypto market, following a similar such suit last month in New York, which claimed the companies created “the largest bubble in human history.” The second suit has been filed by Eric Young and Adam Kurtz at the district court in...
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Bitcoin Falls Another 10% on China’s Crackdown: Should You be Worried? (cryptocurrencynews.com) 11/25/2019 - 2:19pm
The biggest cryptocurrency in the world by market cap started off the year with a rally that went on for six months, but since then, it has been a bit chaotic. On Monday, Bitcoin slumped to its lowest level in six months after the Chinese central bank, The People’s Bank of China (PBOC), launched a crackdown on cryptocurrencies. The PBOC warned...
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Altcoins See Red as Bitcoin Capitulation Drags Down Market (cryptocurrencynews.com) 11/22/2019 - 5:52pm
Almost all the leading altcoins are shrinking in value today after Bitcoin (BTC) crashed below the $7,000 mark earlier on Friday before recovering to around $7,300 at the time of writing. The sizeable decline in BTC sent crypto investors scrambling as altcoins followed suit, with Ethereum (ETH), Ripple (XRP), and Binance Coin (BNB) leading the way...
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Bakkt to Launch Cash-Settled Bitcoin Futures on December 9 (cryptocurrencynews.com) 11/22/2019 - 12:48pm
The cryptocurrency industry has come a long way from the days when it used to be tough for people to buy tokens online and hence, the emergence of Bitcoin futures did not come as a massive surprise for most market watchers. So what does newly-created crypto exchange Bakkt have in store? Let’s dig in. Key Expansion A few months back, Bakkt...
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Binance Shanghai HQ Shut Down After Police Raid (cryptocurrencynews.com) 11/21/2019 - 2:48pm
Binance has reportedly closed its Shanghai office, where over 100 staff, including senior management, were employed, following a raid by Chinese law enforcement, according to sources cited by The Block. Binance Denies Office Raid Binance has moved to deny reports of the raid after CEO and Founder Changpeng Zhao tweeted just yesterday that offices...
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Bitcoin Extends the Fall, Now at One-Month Low Below $8K (cryptocurrencynews.com) 11/21/2019 - 2:41pm
The year commenced with a massive rally in Bitcoin (BTC) that ultimately led to a sustained bull run, and the price of the world’s biggest cryptocurrency eventually reached levels that raised visions of 2017’s climb. However, that eventually came to an end, and the last few months have been pretty tough for the crypto industry at large. Why the...
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Binance Drops Out of CryptoCompare’s Top 10 Exchanges (cryptocurrencynews.com) 11/20/2019 - 6:05pm
Binance has sunk to 12th in the top ten cryptocurrency exchanges, according to the latest list published by London-based crypto data provider CryptoCompare. In what is the second edition of the list of top ten exchanges from CryptoCompare, with the first being published in June of this year, Binance has fallen from 8th to 12th, despite being the...
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Grayscale Files to Become First SEC Reporting Crypto Fund (cryptocurrencynews.com) 11/20/2019 - 3:30pm
Grayscale Bitcoin Trust is trading higher by 3% after it filed Form 10 with the United States Securities and Exchange Commission (SEC) to become the first-ever crypto fund to report to the regulator. Major Development The crypto ecosystem has grown at a breakneck pace over the past few years, and it can be said that a viable ecosystem has taken...
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Bitcoin Stays Bearish: Is the Bottom Finally in Sight? (cryptocurrencynews.com) 11/19/2019 - 3:39pm
Bitcoin (BTC) bled yet again this week, as the bears assert their dominance in an increasingly volatile market, with BTC losing as much as $400 USD yesterday and tumbling towards the $8,000 milestone. The bearish movement of Bitcoin has been ongoing for months, with the exception of a few relatively small reprieves, and has many speculators...
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TRON (TRX) Slumps Over 10% After Justin Sun’s Banking Fiasco (cryptocurrencynews.com) 11/19/2019 - 1:51pm
Over the course of the past few years, a wide range of altcoins have come into existence that have made the crypto ecosystem a bit less dependent on Bitcoin, and TRON (TRX) is definitely one of those. Why the Sudden Fall? The crypto token TRX has grown in stature over the years and is now regarded as one of the leading altcoins in the world...
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LiteLink Expands to East Coast and Enters Agriculture And Produce Industry Through Strategic Partnership with Pommes Ma-Gic Inc (cryptocurrencynews.com) 11/19/2019 - 8:15am
VANCOUVER, British Columbia, Nov. 19, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B), a key player in digital freight & logistics platforms as well as payment solutions, is pleased to announce that it will be expanding to the east coast and bring its 1SHIFT Logistics platform to the agriculture...
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Libra Testnet Surpasses 50,000 Transactions Since September Launch (cryptocurrencynews.com) 11/18/2019 - 5:28pm
The Libra testnet has logged over 51,000 transactions since it was reset in September, with 34 projects having been developed on the network according to an update released by The Libra Association last week. In a blog post titled “Five months and growing strong: the Libra project,” the project’s lead developer, Michael Engle, said, “It’s been...
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Tether to Launch Gold-Backed Stablecoin: What to Expect (cryptocurrencynews.com) 11/18/2019 - 1:31pm
Over the course of the past few years, stablecoins have become one of the most important constituents of the crypto ecosystem, and Tether is certainly the most well-known. The stablecoin is backed by several fiat currencies, and over the years, it has worked as an excellent substitute for fiat currencies for crypto traders. Key Points to Watch In...
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Binance Gets Banned on Weibo as China Continues Crypto Crackdown (cryptocurrencynews.com) 11/15/2019 - 6:10pm
Binance has had its official account on Weibo, the Chinese version of Twitter, banned due to unknown violations as the Chinese government tightens regulations on cryptocurrency. Binance and Tron Blocked on Weibo Weibo is claiming “violation of law and regulation” as the reason for the ban, but “China’s Twitter” failed to give any additional...
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Coinbase Card Includes 5 More Cryptos and Launches in 10 Countries (cryptocurrencynews.com) 11/15/2019 - 1:20pm
The crypto space has grown at a breakneck pace over the course of the past few years and a fair share of the credit for that should go to mega crypto exchanges like Coinbase. Over the years, the company has introduced a wide range of products that have managed to further expand the crypto ecosystem, and on Thursday, it made another major...
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Kik “Void for Vagueness” Plea Against SEC Dismissed by Judge (cryptocurrencynews.com) 11/14/2019 - 5:46pm
Kik, the former messaging app now shifting its focus to cryptocurrency, has been involved in a court case with the SEC, which alleges that a 2017 ICO breached the commission’s regulations due to the fact that its coin, Kin, is actually a security. Kik Legal Team Struggle for Plausible Explanation The legal team for Kik has argued in the court of...
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Canaan Targets $100 Million Through US IPO: Key Points to Watch (cryptocurrencynews.com) 11/14/2019 - 1:17pm
One of the most significant developments of the past few months in the crypto sphere has been the potential initial public offering of Bitcoin miner maker Canaan. The company is the second-biggest company in the category, and its IPO is all set to be one of the biggest events in the crypto space this year. In a new development, the company stated...
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Telegram Denies All SEC Allegations and Requests Dismissal of Trial (cryptocurrencynews.com) 11/13/2019 - 5:35pm
Telegram has refuted allegations by the US Securities and Exchanges Commission in court, which claim that the planned Gram token from the messaging app is a security and, therefore, subject to regulations from the commission and has requested that the trial be dismissed because of this. Last month, the SEC successfully sought an injunction...
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NetCents Technology Signs its 50th Partnership Agreement (cryptocurrencynews.com) 11/13/2019 - 1:46pm
Vancouver, British Columbia–(Newsfile Corp. – November 13, 2019) – NetCents Technology Inc. (CSE:NC)(OTCQB:NTTCF) (Frankfurt: 26N) (“NetCents” or the “Company”) . NetCents is pleased to announce the signing of its 50th Partnership Agreement with Agape Global Services Inc., (“Agapay”). Agapay provides premium credit card processing services...
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Vechain (VET) Soars 100% in Few Weeks: Here are the Key Drivers (cryptocurrencynews.com) 11/13/2019 - 1:33pm
One thing that has remained a constant over the past few years in the crypto space is the sort of seemingly unexplained volatility that is experienced by certain tokens like Vechain (VET). Vechain is a blockchain-powered platform and is primarily meant for helping users with supply chain management solutions. VET recently enjoyed a massive rally,...
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Bakkt to Launch Institutional Bitcoin Custody Services (cryptocurrencynews.com) 11/12/2019 - 3:23pm
Bakkt, the crypt subsidiary of the Intercontinental Exchange, has announced that it will begin holding the Bitcoin assets of its institutional investors, which was one of the most sought-after services of the platform prior to its launch in September. Launch of Bakkt Warehouse Upon launch, Bakkt initially only offered custody services to customers...
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Tether Fires Back At “Flawed” Study, Says Coin is Backed By USD Again (cryptocurrencynews.com) 11/08/2019 - 5:28pm
Tether has responded to what it describes as a “flawed” paper written by academics from the University of Texas and Ohio State University, which claimed that a single address on the Bitfinex exchange was responsible for manipulating the surge in Bitcoin value in 2017. Tether Claims Study Was Lacking in Data Professor John Griffin and Amin Shams...
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Bakkt Futures Monthly Trading Volume Starts to Pick Up Pace (cryptocurrencynews.com) 11/07/2019 - 5:22pm
Bakkt, the crypto exchange platform from the Intercontinental Exchange, has seen its futures trading volume soar to 1,061 contracts, indicating that institutional investors are finally getting on board with the platform. Since its launch on September 27, Bakkt has endured a sluggish start to life despite being one of the most highly anticipated...
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Coinbase to Offer Tezos Staking to US Consumers (cryptocurrencynews.com) 11/07/2019 - 2:18pm
While it is true that the crypto space has grown at a breathtaking pace over the past few years in the United States, it should be noted that it would not have been possible without the stellar service provided by crypto exchanges like Coinbase. Over the years, the exchange has provided crypto enthusiasts, investors, and traders with a world-class...
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uBUCK Signs Strategic Alliance Agreement with Deltec Bank & Trust (cryptocurrencynews.com) 11/07/2019 - 12:08pm
LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) and its subsidiary uBUCK Technologies announced some exciting news this week that will offer the digital wallet and payment platform a major edge on its competition. uBUCK announced that it has signed an alliance agreement to form a strategic commercial relationship with Deltec Bank & Trust, a...
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uBUCK Signs Agreement for Strategic Commercial Relationship with Deltec Bank And Trust Limited (cryptocurrencynews.com) 11/07/2019 - 11:39am
VANCOUVER, British Columbia, Nov. 07, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B), a key player in logistics platforms and payment solutions, is pleased to announce that its subsidiary uBUCK Technologies SEZC (“uBUCK” or the “Company”) has signed a Strategic Alliance Agreement with Deltec Bank...
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Bitcoin Price Gains as China Scraps Crypto Mining Ban (cryptocurrencynews.com) 11/06/2019 - 5:08pm
Bitcoin made gains last week after new documents from the Chinese government revealed that the country was reversing its decision to ban blockchain mining, with President Xi Jinping expressing his support for blockchain technology. Back in April, The National Development and Reform Commission in China published a list of industries that it...
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Huobi to Freeze All US Accounts and Push Users to New Platform (cryptocurrencynews.com) 11/05/2019 - 4:07pm
Huobi, the popular Singapore-based crypto exchange, has announced that it will freeze all US accounts by November 13 due to the particularly stringent regulatory environment that has forced the exchange to prohibit US users. Huobi Pushes Users to New Independent Platform In a blog post from the exchange published over the weekend, Huobi has said...
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Stellar (XLM) Soars 18% as 55 Billion Tokens are Burned (cryptocurrencynews.com) 11/05/2019 - 1:52pm
Over the course of the past few years, many cryptocurrencies have emerged that have demonstrated a definite use case, and one of those is Stellar (XLM). SDF or the Stellar Development Foundation, which looks after the entire ecosystem of the cryptocurrency, made a major announcement today, and it could have far-reaching implications. Major Boost...
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Bitcoin’s 2017 Boom Largely Fueled by a Single Trader (cryptocurrencynews.com) 11/04/2019 - 5:34pm
Bitcoin’s 2017 bull run, which saw the world’s leading digital asset top out at nearly $20,000 USD, was mostly driven by a lone anonymous trader, according to analysis gathered by two finance professors from the University of Texas and Ohio State University. Professors John Griffin and Amin Shams analyzed over 200 gigabits of data relating to the...
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Microsoft Targets Blockchain Tokens: Unveils Platform for Minting Enterprise (cryptocurrencynews.com) 11/04/2019 - 2:18pm
It goes without saying that the blockchain industry has come a long way over the last decade, and it is no wonder that an idea like that of blockchain tokens is finally taking concrete shape. In a new development that is going to cause waves in the crypto sphere, tech behemoth Microsoft announced that it is going to create a platform that is going...
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Ethereum (ETH) Picks Up Momentum Amidst Sudden Interest in Crypto (cryptocurrencynews.com) 11/01/2019 - 1:19pm
While it is true that Bitcoin is clearly the biggest cryptocurrency in the world by way of market cap, over the years, Ethereum (ETH) has often been touted as the cryptocurrency that could eventually topple it. Although nothing of the sort has actually happened yet, there is now new hope among traders and market watchers that ETH could be heading...
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Libra Chief Praises Its Anti Money Laundering Standards (cryptocurrencynews.com) 10/31/2019 - 5:39pm
Libra Chief David Marcus has claimed that the Anti Money Laundering Standards of the underfire project are superior to any other payment networks on the market today. Libra Scrutiny Means Its On Track, Says Chief Marcus is the CEO of Calibra, the corresponding digital wallet of Libra, and previously served as president of PayPal and a member of...
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Binance US to Include NEO and ATOM for Trading (cryptocurrencynews.com) 10/31/2019 - 2:34pm
One of the biggest reasons behind the remarkable growth of the cryptocurrency space is due to the establishment of big-ticket exchanges, and in that regard, Binance US could end up becoming one of the most influential. It is the world’s biggest crypto exchange by trading volume, and its entry into the United States is a major event. Key Details It...
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Ripple Invests in Cybersecurity Startup Funding Round (cryptocurrencynews.com) 10/30/2019 - 3:08pm
Ripple has invested in a $2.2 million USD seed funding round by London-based cybersecurity startup Keyless via its investing division, Xpring. Keyless claims to be the first company in the world to combine biometrics with secure multi-party computation. Xpring was launched in 2018 with the intention of enabling the Internet of Value, an online...
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Altcoins Attempt to Build Gains After a Big Jump in Bitcoin (cryptocurrencynews.com) 10/30/2019 - 1:56pm
It is a well-known fact that Bitcoin is the most important token in the entire crypto ecosystem; however, it should also be noted that altcoins have now become just as popular. Bitcoin Rally a Sentimental Boost Despite the fact that many of those coins now command multibillion-dollar valuations, the prices of most of these tokens are intimately...
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Bitcoin in Bull Territory? Some Analysts aren’t Sure (cryptocurrencynews.com) 10/29/2019 - 5:11pm
Bitcoin (BTC) has made some serious upward movement in the last few days. In less than 24 hours, the world’s largest cryptocurrency shot up over 40% to $10,350, having traded as low as $7,300 the previous day. The undoubtedly bullish movement represented BTC’s fourth-largest single day movement ever, and the biggest since 2011. However, some...
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