Cryptocurrency News

Crypto analytics firm Coin Metrics partnered with Social Market Analytics (SMA) to collaborate on a feed of real-time sentiment towards cryptocurrency based on social media data, according to a press release on June 17.

Individual cryptocurrencies registered mixed trade on Tuesday, breaking an eight-day winning streak, while Facebook (NASDAQ:FB) stole headlines with details for the launch of Libra coin and its plans to create a digital wallet.

By Katie Paul and Anna Irrera

Litecoin is looking promising going into this week despite the #4 cryptocurrency currently being stuck in a strong downtrend after peaking at 0.0177BTC on June 12.

The Coincheck heist in the winter of 2018 may have been the work of Russian hackers, and not North Koreans, as previously thought. A recent investigation by Japanese newspaper Asahi Shinbun shows that one of the largest heists in crypto history may be based on a virus attack through Russian malicious software.

The United States Commodity Futures Trading Commission (CFTC) launched action against a reportedly fraudulent $147 million bitcoin (BTC) scheme, fintech news outlet FinanceFeeds reports June 18.

Microsoft (NASDAQ:MSFT), Salesforce and the Ethereum Foundation are among the major new companies joining enterprise blockchain platform Hyperledger. The company’s executive director, Brian Behlendorf, confirmed the news to Cointelegraph ahead of a public unveiling at the ongoing Synchronize Europe conference in London on June 18.

(Bloomberg) -- Facebook Inc (NASDAQ:FB).’s ambitious plan to roll out its own cryptocurrency ran into immediate political opposition in Europe, with calls for tighter regulation of the social-media giant.

The list of public addresses and other evidence claiming that Dr. Craig Wright is the creator of Bitcoin has been sealed behind a password by Judge Bruce Reinhard. The evidence of early access to the Bitcoin network, potentially coinciding with the activity of the pseudonymous Satoshi Nakamoto, has been presented as part of the case of Wright against the estate of Dave Kleiman. The address list still exists in unofficial sources.

Popular chart analysis service TradingView reportedly contains a bug in the Fibonacci retracement technical analysis tool, according to a tweet by self-proclaimed certified Elliott wave analyst Cryptoteddybear published on June 13.

In perhaps a historic moment for the validation of blockchain technology, social media giant Facebook (NASDAQ:FB) has officially revealed its plans for a digital currency, which is only part of an ecosystem aimed at providing financial services to billions of people.

Global accounting giant Accenture (NYSE:ACN) will sign a formal deal with Canada, the Netherlands and other parties to use blockchain in identifying travelers. The company’s managing director of capital markets, David Treat, confirmed the move at the Synchronize Europe conference in London on June 18, attended by a Cointelegraph correspondent.

Libra Coin, Facebook’s proposition for blockchain-based payment, will be revealed this week through a White Paper published by the social media. The crypto community views the project with some skepticism, due to the potential for Libra to become a centrally controlled digital asset. Big questions are also raised, on whether a coin that could potentially reach more than 2 billion users, would be able to topple Bitcoin (BTC), or even Ripple’s XRP.

Binance is planning to launch new types of tokens with values pegged to Bitcoin (BTC), and in the future, to other leading coins. The reason for pegging assets to other coins is the need to trade BTC and other leading coins on Binance DEX, the decentralized marketplace.

Ripple is aiming to build a share in its rival MoneyGram, paying $4.10 per share in a $30 million deal, reported Fortune. Ripple will have the option of investing another $20 million in the payment processor.

Blockchain software firm Digital Asset has partnered with Amazon (NASDAQ:AMZN) Web Services (AWS) Aurora to make its open-source smart contract language Digital Asset Modeling Language (DAML) more interoperable. The partnership was revealed in a press release acquired by a Cointelegraph correspondent at the IMN Synchronize Europe Conference in London on June 18.

Social media giant Facebook (NASDAQ:FB) has released the white paper for its long-awaited cryptocurrency and blockchain-based financial infrastructure project today, June 18.

By Katie Paul and Anna Irrera

Prices of the major cryptocurrency were mostly higher on Tuesday in Asia, with Bitcoin still above the key $9,000 level as analysts hailed Facebook’s move into the cryptocurrency arena.

Throughout the past six months, seven crypto exchanges have reported large-scale hacking attacks in the tune of tens of millions of dollars, with the most recent platform to suffer a security breach being GateHub.

Japan’s Consumer Affairs Agency has reported that 2018 saw a 170% uptick in the number of consumer queries about cryptocurrencies as compared with the previous year. The news was reported by Cointelegraph Japan on June 18.

Members of the community around decentralized platform Tezos have raised concerns about an alleged upcoming hard fork of its blockchain. The issue appeared in a blog post by Tezos Commons executive director Shaun Belcher on June 17.

Bitcoin rose above the $9,231.6 threshold on Tuesday. Bitcoin was trading at 9,231.6 by 00:54 (04:54 GMT) on the Index, up 0.86% on the day. It was the largest one-day percentage gain since June 17.

Prices of the major cryptocurrency were mostly higher on Tuesday in Asia, with Bitcoin hovered above the key $9,000 level on Facebook’s reported move into cryptocurrency.

Insurance tech firm BlockClaim has recently received £500,000 ($627,000) in funding for its blockchain-based claims solution, according to an official blog post on June 17.