Cryptocurrency News

Plattsburgh, New York, is considering bringing in stricter requirements on commercial cryptocurrency mining farms operating in the city.

Blockchain startup Adhara, which boasts a stellar line-up of former banking innovators, has secured $15 million in new funding from Consensys, the ethereum design studio.

A hacker was supposed to buy enough hashing power for just $10 to take over the network of Einsteinium (EMC2) in a 51% attack. An advance announcement gave the date of the event as October 13. The community bought all spare capacity, making a mockery of the hacking attempt.

Monday, Oct. 15: Crypto markets are seeing solid growth, with virtually all of the major cryptocurrencies seeing green as of press time. An outlier in the space is “stablecoin” Tether (USDT), which has today lost its U.S. dollar peg and is trading well below its historical trading range as of press time.

Cardano (ADA), the ninth largest cryptocurrency ecosystem by market capitalization, has experienced a major leadership shakeup, with the chairs of IOHK and Emurgo taking their leave. Along with the Cardano Foundation, IOHK and Emurgo are the governing bodies of the project. Their respective leaders, Charles Hoskinson and Ken Kodama, published an open letter on Friday, informing the community they were parting ways with the Cardano Foundation due to its “lack of performance.”

Japanese conglomerate Sony has developed blockchain-based software for controlling and dealing with intellectual property rights in a bid to resolve authentication problems in this field. The new system currently focuses on written works, but its broader applications target all related sectors, including films, music, and e-books, the company said on Monday.

Japanese technology multinational Sony revealed it is working on a blockchain-powered extension of its digital rights management system Monday, Oct. 15. The project is a joint endeavor with both Sony Music Entertainment Japan and Sony Global Education.

The TRON (TRX) price rose more than 10% on Friday on anticipation of an upcoming partnership with an “industry giant.”

Bitcoin (BTC) spiked to multi-month highs Monday, likely due to a sell-off in tether (USDT), but a bullish reversal is still not confirmed, technical charts indicate.

The former architect of China's central bank digital currency (CBDC) initiative has left the position to head the country's central securities clearing house.

The price of the tether stablecoin (USDT) has fallen to an 18-month low Monday, despite a general rise in the wider crypto markets.

KPMG has decided to "refresh" its distributed ledger technology (DLT) strategy, according to new U.S. blockchain lead Arun Ghosh, who took over the group in September.

Bitcoin, the world's largest cryptocurrency by market capitalization, jumped by 11 percent on Monday, pushing prices above $6,900 for the first time in a month.

Bitfinex and Tether (USDT) keep giving indications of trouble, based on accelerating movements of Bitcoin (BTC) out of the exchange. At the same time, the Bitfinex Tether wallet is positively bloated, adding hundreds of millions of USDT over the weekend.

The adoption of blockchain technology is slowly taking shape across a multitude of industries. At the forefront of the amalgamation of payment systems and logistics is US tech giant International Business Machines (NYSE:IBM) Corporation ( IBM ), which has established itself as a leader in terms of blockchain-based products and offerings.

Leaders from across the globe will gather at the Silicon Valley on October 29 this year to join some of the most exciting startups in the distributed ledger technology (DLT) space for the Responsible Blockchain World Championship (RBWC) launch to pick the best blockchain innovations, reported Xinhua.

Spring Labs, a company leveraging blockchain technology to create a credit data sharing platform called Spring Network, announced on Friday that Gary Cohn, former White House economic advisor and former president and chief operating officer of Goldman Sachs (NYSE:GS), has joined the startup’s Board of Advisors. The news comes several months after Spring Labs raised about $15 million in a seed round to fund its blockchain project. Also, the startup recently completed founding its advisory board, which includes Coinbase’s chief legal officer Brian Brooks and Bobby Mehta, former head of Transunion.

During the little-known Sixth Pridnestrovian International Investment Economic Forum in the Republic Palace of Tiraspol in the breakaway Moldovan region of Transnistria, the idea of a sovereign cryptocurrency was circulated that could provide the territory with some advantages.

Within about an hour on Monday, the Bitfinex trading premium on Bitcoin (BTC) went through the roof, soaring from around $138 to as high as $700. This is seen as the launch of a catastrophic or at least anomalous event for Bitcoin trading since the price on Bitfinex reflects the fact that Tether (USDT) has effectively broken its dollar peg. As of 06:35 UTC, BTC continued to shoot upward on Bitfinex, going as high as $7,045, with no end in sight. Later, prices moved up to $7,280.

Canadian firm Global Blockchain Technologies, listed with on Canadian Securities Exchange with the ticker BLOC, announced on Thursday that its subsidiary Hyperion Crypto Exchange partnered with Stellar to support Stellar-based assets on its exchange. Hyperion, co-founded by the current BLOC President and CEO Shidan Gouran, secured a $5 million investment from BLOC earlier this year.

(Bloomberg) -- Traders are increasingly questioning their faith in the cryptocurrency world’s most important dollar peg.

Bitcoin was trading at $7,248.9 by 02:48 (06:48 GMT) on the Investing.com Index on Monday, up 12.12% on the day. It was the largest one-day percentage gain since October 15.

EOS was trading at $5.9654 by 02:48 (06:48 GMT) on the Investing.com Index on Monday, up 11.12% on the day. It was the largest one-day percentage gain since October 15.

Litecoin was trading at $60.830 by 02:48 (06:48 GMT) on the Investing.com Index on Monday, up 11.21% on the day. It was the largest one-day percentage gain since October 15.

Cardano was trading at $0.08411 by 02:49 (06:49 GMT) on the Investing.com Index on Monday, up 12.21% on the day. It was the largest one-day percentage gain since October 15.