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Cardano Founder Charles Hoskinson Explains Why ADA’s New Smart Contract Tools are a Boon for Fintech

IOHK, a leading blockchain research and development firm, announced two tools developed by a world-leading team for writing smart contracts for the Cardano blockchain. The apps are called Plutus and Marlowe and were launched in test format at the first… Continue Reading →

Allianz Global Investors CEO Calls for Cryptocurrencies to Be Outlawed

The head of one of Europe’s largest asset managers, Allianz Global, has called for global regulators to “outlaw” crypto assets. The outburst from CEO Andreas Utermann came during a panel discussion in London.  Also read: Netherlands to Regulate Cryptocurrencies in Bid to… Continue Reading →

Bitcoin Rises 4.65% as Crypto Market Creeps Toward Breakout

The bitcoin price on Wednesday jumped as high as 4.65 percent from its opening price and established an intraday high at $3,488. The BTC/USD rate is now trading at 3440-fiat on the Coinbase exchange, coupled with a notable rise in… Continue Reading →

Venezuela: Church’s Chicken Accepts Crypto Payments after KFC Denies Rumors

Church’s Chicken, an international fast-food franchise known its hand-battered fried chicken, has reportedly partnered with Dash Venezuela to become the first fast-food franchise to accept cryptocurrencies throughout its locations in Venezuela. According to a press release, a strategic alliance between… Continue Reading →

Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement

Japanese prosecutors are seeking a 10-year jail term for Mark Karpeles, the former CEO of Mt. Gox. The embattled Frenchman, who has been previously accused of diverting company money for prostitutes, business acquisitions and luxury items, is facing charges of… Continue Reading →

Romania: Bitcoin Exchange CEO Vlad Nistor Arrested for Money Laundering, May Face US Extradition

According to a local Romanian news outlet Ziar de Cluj and others, Vlad Nistor — the CEO of Romania-based Bitcoin exchange CoinFlux — has been detained on behalf of the US government and is awaiting extradition. He was arrested in the… Continue Reading →

Samsung Files for Three Blockchain-Related Applications in the European Union

Electronics giant Samsung has filed for three blockchain-related trademark applications in the European Union on December 10, 2018. Some tech websites suggest these applications are related to the company’s plan to offer a cryptocurrency cold wallet on its phones. Details on… Continue Reading →

Prosecutors Seek 10-Year Jail Sentence for Karpeles Over Mt. Gox Embezzlement

n nn nn Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt. Gox.According to a local Japanese news… Continue Reading →

The Worlds First ERC-20 and Bitcoin Atomic Swap Has Taken Place

n nn nn At the December 7, 2018, TenX Summit, a group of developers showcased an industry first an atomic swap between a non-native asset, TenXs PAY token, and a native asset, bitcoin.By non-native, the team is referring to an… Continue Reading →

BCH Devs Discuss Securing Instant Transactions With the Avalanche Protocol

Over the last couple of weeks, the Bitcoin Cash (BCH) community has been talking fervently about zero-confirmation transactions and a new pre-consensus mechanism called Avalanche. On Monday, Openbazaar developer Chris Pacia published a comprehensive description of the pre-consensus protocol that… Continue Reading →

‘What is Bitcoin’ Ranked Among Top Google Searches in 2018

About a year ago, Google searches for “Bitcoin” surpassed searches relating to Donald Trump. Now that Google has published its 2018 year-in-review of search terms, “What is Bitcoin” is among the top questions that people are asking Google, at least… Continue Reading →

Proof of Keys Celebration Encourages Individuals to Take Control of Their Digital Assets

The Proof Of Keys Celebration hosted on January 3 is encouraging members from the Bitcoin community to demand and take possession of their bitcoins currently held by trusted third parties. According to the Proof of Keys video uploaded on December… Continue Reading →

IBM Launches Blockchain Platform for US Oil Trade

[…] The post IBM Launches Blockchain Platform for US Oil Trade appeared first on CryptoCoinsNews.

Bitwala Begins Offering Bank Accounts With Bitcoin Wallet and Debit Card

Cryptocurrency banking provider Bitwala has started offering its banking service to cryptocurrency users in Germany, starting with 40,000 pre-registered customers. A spokesperson for the company has shared details with about this new service which will soon add support for… Continue Reading →

Bitcoin Price ‘Could Go from Bad to Worse’: Bearish Analyst

The most potential use case of bitcoin today is the store of value. But an analyst thinks otherwise. Stephen Innes, head of Asia Pacific trading at Oanda, a New York-based forex firm, believes that the world’s leading digital currency is due… Continue Reading →

Blockchain PR Firm Wachsmann Terminates 16 Employees as Crypto Market Plunges

According to an article by PR Week, published on December 10, 2018, blockchain public relations and events company Wachsman has laid off 16 employees due to the current crypto market turbulence. 16 Employees Axed by Wachsmann Founded in 2015, Wachsman… Continue Reading →

Razer Wants Gamers to Mine Cryptocurrency Using their Idle GPUs — But You Probably Shouldn’t

Gamers invest considerable sums in the GPU chips that power their computers. However, even the most hardcore “Fortnite” player will leave his or her gaming rig on idle for a significant chunk of each day while they go to work,… Continue Reading →

What is Holding Coinbase Back From Integrating Ripple (XRP) Into its Exchange?

On December 7, Coinbase, a leading crypto-to-fiat exchange, announced it is exploring 31 crypto assets to integrate into its exchange. One of the cryptocurrencies the exchange has been looking into is Ripple (XRP), the second most valuable asset in the… Continue Reading →

Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering

The Netherlands is seeking to regulate cryptocurrency companies, supposedly in a bid to prevent money laundering and alleged terrorist financing. All virtual currency businesses will now be required to obtain an operating license from De Nederlandsche Bank, the country’s central… Continue Reading →

Stablecoins Experience a Major Increase in On-Chain Transactions Despite Bear Market

Stablecoins have experienced a meteoric rise in popularity during the second half of 2018, with currencies such as TrueUSD, USDC, Paxos, and GUSD experiencing a 1032 percent increase in on-chain transactions took place in November vs. September 2018, Diar reported… Continue Reading →

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