Cryptocurrency News

Welcome to our cryptocurrency news page. Here you will find the most up to date articles, discussions and breaking news as it unfolds into the crypto currency world. Our goal is to bring you the latest information from around the globe as well as real time fluctuations, market caps, prices and charts to help you with all your trading needs. Below you will find the latest cryptocurrency news articles and information conveniently listed by date.

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15 Aug

 IBM Blockchain to Enhance US Insurance Reporting

IBM Blockchain To Enhance US Insurance Reporting

Blockchain technology will back the insurance industry again, as the American Association of Insurance Services (AAIS) is piloting a platform built on IBM (NYSE:IBM) blockchain that is set to automate the regulatory reporting of insurance data in the US.

15 Aug

 Chinese City Announces Blockchain Receipt

Chinese City Announces Blockchain Receipt

The Chinese city of Shenzhen is introducing a new ‘fapiao,’ a legally accepted receipt used for tax purposes. The new fapiao unveiled by the municipality is in digital form, or more specifically a blockchain receipt, reports EEO.

15 Aug

 Bittrex-Powered CatalX Targets Canadian Exchange Market

Bittrex-Powered CatalX Targets Canadian Exchange Market

CatalX will bring a wide range of cryptocurrency trading pairs to the Canadian market, following its partnership with Bittrex. The recently announced collaboration is slated to provide more than 200 asset pairs. However, some of the key details that seasoned traders may be looking for have not yet been provided.

15 Aug

 Bitmain Targeting $3B IPO, Ready to File Application this September

Bitmain Targeting $3B IPO, Ready To File Application This September

China-based cryptocurrency mining equipment maker Bitmain might initiate an initial public offering (IPO) in Hong Kong as early as this September, sources familiar with the matter told Bloomberg. The largest crypto mining chips manufacturer is targeting $3 billion, the sources said. Bitmain, which is led by co-founder Jihan Wu, intends to file a listing application with the Hong Kong stock exchange. The company has recently completed a funding round, during which its total valuation was estimated at around $15 billion.

15 Aug

 Bitwise Launches 3 More Crypto-Related Indexes, Creates Index Advisory Board

Bitwise Launches 3 More Crypto-Related Indexes, Creates Index Advisory Board

Crypto-oriented asset manager Bitwise Asset Management, which created the world’s first crypto index fund, announced on Wednesday the launch of three more indexes that would track mid-cap, small-cap, and total-market segments of the cryptocurrency space. The new indexes are introduced via its subsidiary Bitwise Index Services. The company is also renaming its HOLD 10 Index.

15 Aug

 Cryptocurrency Theft Triggers $224M Lawsuit Against AT&T

Cryptocurrency Theft Triggers $224M Lawsuit Against AT&T

Michael Terpin, a US entrepreneur and crypto trader, filed on Wednesday a $224 million lawsuit against telecoms giant AT&T (NYSE:T), claiming that the company was engaged in fraud and negligence when tokens were stolen from Terpin’s personal account, Reuters reported. The investor, who filed the lawsuit with the US District Court in Los Angeles (LA), said in the document that three million tokens were stolen on January 7 this year via a “digital identity theft” of his mobile phone account, which is served by AT&T.

15 Aug

 Edge Crypto Enables Litecoin (LTC) Purchase with Credit, Debit Cards

Edge Crypto Enables Litecoin (LTC) Purchase With Credit, Debit Cards

The multi-coin wallet Edge has released a new version, 1.3.0., which enables Litecoin (LTC) buying with credit and debit cards and expands cryptocurrency offerings with four new coins, Bitcoin Gold (BTG), Tether (USDT), Digibyte (DGB), and Vertcoin (VTC), Edge said on Tuesday.

15 Aug

Ethereum Dips Below 293.84 Level, Down 13.57%

Ethereum Dips Below 293.84 Level, Down 13.57%

Ethereum fell bellow the $293.84 level on Wednesday. Ethereum was trading at 293.84 by 11:52 (15:52 GMT) on the Investing.com Index, down 13.57% on the day. It was the largest one-day percentage loss since April 12.

15 Aug

 Hungary Says Cryptocurrencies are Not Legal Payment Method

Hungary Says Cryptocurrencies Are Not Legal Payment Method

Cryptocurrencies do not qualify as a legal tender, electronic cash, financial instrument or cash equivalent under the current Hungarian legislation, according to a statement of the country’s Finance Ministry quoted by local media.

15 Aug

 Canadian Minerals Mining Company Switches to Crypto

Canadian Minerals Mining Company Switches To Crypto

Squire Mining, a minerals mining company traded on the Canadian Securities Exchange said it is moving from physical to cryptocurrency mining. The company has finalized a non-brokered private placement equity financing of C$ 25.5 million, which Squire Mining will use to fund its business model change.

15 Aug

 Playboy Sues Company behind VIT Token

Playboy Sues Company Behind VIT Token

Playboy Enterprises, the parent company of the legendary adult magazine and websites and other entertainment mediums, is suing Global Blockchain Technologies for breach of contract.

15 Aug

 Coinbase CEO Keeps Calm over Delay in SEC Decision on Bitcoin ETF

Coinbase CEO Keeps Calm Over Delay In SEC Decision On Bitcoin ETF

Coinbase CEO Brian Armstrong, one of the best-known names in the cryptocurrency space, is not concerned about the decision of the US Securities and Exchanges Commission (SEC) to postpone its ruling on a proposed Bitcoin exchange-traded fund (ETF). This was one of the topics Armstrong discussed in an extensive interview with Bloomberg, touching also on initial coin offerings (ICOs), Bitcoin’s price swings, altcoins, and regulatory issues. The hottest current topics

15 Aug

 Japanese Line Creates $10M Token Venture Fund

Japanese Line Creates $10M Token Venture Fund

Line Corporation, the parent company of one of the most popular mobile applications in Asia, has established a $10 million fund to focus on investments in cryptocurrency startups, the company said on Wednesday.

15 Aug

 Ex-Google Engineer Accuses Bitmain of Meddling with Bitcoin Cash (BCH)

Ex-Google Engineer Accuses Bitmain Of Meddling With Bitcoin Cash (BCH)

After documents revealed that Bitmain had stashed away around $550 million in Bitcoin Cash (BCH), possibly purchasing it after the network was created, the world went into detective mode, attempting to decipher exactly why a multi-billion-dollar company would have such an interest in the coin.

15 Aug

 Tron (TRX) Cryptocurrency Jumps on Bitbox Listing

Tron (TRX) Cryptocurrency Jumps On Bitbox Listing

Tron (TRX), one of the largest cryptocurrencies, leaped more than 13% on Wednesday as Bitbox, the new exchange of Asian messenger giant Line Corporation, announced the start of trading in the coin.

15 Aug

 SEC Nixes Fraudulent Tomahawk ICO, Bars Company Founder

SEC Nixes Fraudulent Tomahawk ICO, Bars Company Founder

The US Securities and Exchange Commission (SEC) announced on Tuesday it had secured prohibitions against the founder of Tomahawk Exploration — a company which attempted to raise money issuing a Tomahawkcoin (TOM) in an allegedly fraudulent initial coin offering (ICO).

15 Aug

 Tether (USDT) Market Release Sends Bitcoin (BTC) Back Above $6,300

Tether (USDT) Market Release Sends Bitcoin (BTC) Back Above $6,300

The Tether (USDT) asset finally stemmed the market slide yesterday, as a total of 90 million USDT hit the markets. There was no new printing, but only a movement of funds from the treasury. In an earlier transaction on Tuesday, Tether sent out 50 million tokens, followed by another tranche of 40 million tokens a few hours later.