Bitcoin & Crypto News

Last news from Bitcoin and Cryptocurrency World

Month

November 2018

No Bitcoin ETF Before Important Changes to BTC Markets: SEC Chairman

SEC Chairman Jay Clayton has claimed that bitcoin exchanges lack sufficient transparency and monitoring for the market to see approved Bitcoin Exchange Traded Funds (ETFs). According to CNBC, at the Consensus Invest Conference in New York City recently, Clayton said:… Continue Reading →

ASUS Partners with Quantumcloud to Allow Crypto Mining Through Idle GPUs

Taiwan-based computer hardware giant ASUS is the latest player in the block to join the cryptocurrency mining party. According to a report by Hard Fork, published November 29, 2018, ASUS is persuading gamers to mine cryptocurrencies when their gaming systems… Continue Reading →

Sirin Labs Launches Blockchain-Centric ‘Finney’ Smartphone

On Nov. 29, Sirin Labs announced the commercial launch of its new blockchain smartphone known as the Finney. According to the cellphone creators, the Finney offers “secure and state of the art mobile technology” alongside an embedded cold storage cryptocurrency… Continue Reading →

HBUS Launches Crypto Billboard Campaign Mocking Coinbase And Wall Street

The newer HBUS cryptocurrency exchange has taken its message to the streets with a new billboard campaign. According to a blog post by the exchange themselves, they are the first in the nation to do this, and we find nothing… Continue Reading →

Andreas puts the energy consumption FUD to bed once and for all

submitted by /u/smeggletoot [link] [comments]

Report: No Correlation Between Crypto Mining Attacks and Legal Status of Cryptocurrency in the Country

The growing popularity of cryptocurrencies has forced cybercriminals to invest resources in the development of more robust mining technologies to replace the typical ransomware Trojans, reports Kaspersky Lab’s cyber threat research arm Securelist, November 28, 2018. Cryptojacking Almost as Famous… Continue Reading →

500-Year Old Swiss University Makes Vitalik Buterin an Honorary Doctor

The co-founder of Ethereum, Vitalik Buterin, has been awarded an honorary doctorate by Switzerland’s oldest institution of higher learning, the University of Basel. According to the university’s Faculty of Business and Economics, which awarded Buterin the honorary doctorate, the award… Continue Reading →

New Bitcoin Cash Opcode Shows an Onchain Game of Chess is Possible

Since the recent Bitcoin Cash (BCH) upgrade, the protocol now has some newly added features like the re-enabled opcode OP_Checkdatasig. After the implementation, a few developers have been experimenting with the opcode and have developed concepts such as “spending constraints.” Moreover,… Continue Reading →

Bitcoin Price Nearing ‘Capitulation Moment’: IG Market Analyst

Bitcoin is not far from a critical loss of investor confidence that will lead to the market hemorrhaging vast amounts of value as nervous investors dump their holdings. This is the opinion of Chris Beauchamp, an analyst at the online… Continue Reading →

Crypto Merchant Bank Galaxy Digital lost $136 million between January and October 2018

Galaxy Digital Holdings, a cryptocurrency merchant bank owned by former Goldman Sachs macro trader Mike Novogratz, has revealed that it lost $41 million in the third quarter of 2018 in an official filing. According to a Bloomberg report on November 29,… Continue Reading →

Mainstream Media Coverage of Bitcoin Goes up as Price Falls: Survey

Research suggests that when it comes to covering bitcoin, bad news sells. According to a study conducted by blockchain firm Clovr, the coverage of bitcoin by the mainstream media peaked at the time when the cryptocurrency fell from its all-time… Continue Reading →

Intel Gains Patent for Energy-Efficient Bitcoin Mining Design

Intel has been awarded patent #10,142,098 , which pertains to a system they’ve designed which improves the energy efficiency of Bitcoin miners. While it takes a hardware engineer to fully understand what’s going on in their patent, relevant to the… Continue Reading →

Decentralizing Central Banks How R3 Envisions the Future of Fiat

In a new report, bank consortium R3 compares two competing concepts for moving fiat currency to a blockchain or distributed ledger.nSource

Bitcoin Mining Startup Envion Ordered to Close by Swiss Court

A court in Switzerland has ordered the closure of bitcoin mining startup Envion AG over concerns of poor corporate governance. The company raised $100 million in an initial coin offering (ICO) in January, but a succession of boardroom wrangles have… Continue Reading →

Coinbase ‘Pump’ Fails to Boost Zcash in 17% Drop from Daily Peak

On November 30, Zcash (ZEC), a privacy-focused cryptocurrency, was integrated into Coinbase Pro, a U.S.-based regulated digital asset exchange operated by Coinbase. The exchange told investors that throughout the foreseeable future, withdrawals of Zcash shielded transactions, private or anonymous transactions… Continue Reading →

People Are Still Sending Funds to Iranian Bitcoin Addresses Banned by the US Government

The two addresses publicized by the US Treasury this week as belonging to associates of those behind the SamSam Ransomware attack, a lucrative operation that ran for years and affected computer systems the world over, have received a few transactions… Continue Reading →

SEC Hits Floyd Mayweather and DJ Khaled With Fines for Unlawful ICO Promotion

The U.S. Securities and Exchange Commission has hit two celebrities with record fines for shilling initial coin offerings (ICOs). Boxer Floyd Mayweather Jr. and music producer DJ Khaled were taken to task for failing to disclose payments they received for… Continue Reading →

Bitcoin Price Falls Under $4,000: Was Immediate Pullback Expected After Big Spike?

On November 28, the price of Bitcoin (BTC) spiked from $3,771 to $4,355, by more than 15.4 percent. In less than 48 hours, the dominant cryptocurrency has fallen back down to $3,861, dropping below the $4,000 mark. Bitcoin recorded a… Continue Reading →

Flawed Cryptocurrencies Will Never be a Store of Value, Claims UBS’ Chief Economist

The global chief economist of Swiss financial giant UBS, Paul Donovan, has reiterated his position that cryptocurrencies have no ‘future’. Speaking to business channel CNBC, Donovan said that cryptocurrencies are flawed and will never go mainstream. According to Donovan, from… Continue Reading →

Deutsche Bank Headquarters Raided by 170 Police Officers Over Money Laundering

Deutsche Bank’s headquarters and five other offices have been raided by 170 police officers, prosecutors, and tax inspectors over money laundering allegations. The bank’s written and electronic business documents were reportedly seized. Its employees allegedly helped clients set up offshore… Continue Reading →

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