<br /><br /> <br /><br /> U.S. citizen Morgan Rockcoons has been sentenced to fines and prison time for running unlicensed money exchange services on LocalBitcoins.Advertising himself on the peer-to-peer bitcoin trading network, Rockcoons made more than 1,000 transactions with hundreds of different users. The U.S. Department of Justice (DoJ) pursued him on charges of not registering...
Bitcoin Price Analysis: Bullish Market Structure Upheld Following Strong Sell Off
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<br /><br /> <br /><br /> <br /> <br /><br />Summary:Although we saw a strong sell off yesterday, the bullish market structure has yet to be violated. The weekly support has been confirmed for the time being and our parabolic advance is still intact.We are currently failing to hold support in the $8,500s for our intraday market structure. As we test the failed...
Puerto Rico Bank to Crowdfund on Circle, Crowdcube
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19:12
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A financial entity with a license from Puerto Rico could soon be operating for US crypto startups, if it can raise capital on Circle’s SeedInvest and Crowdcube according to CoinDesk.
Arival Bank is now waiting for Puerto Rican regulators to issue an International Financial Entity (IFE) license before...
A Crypto-Friendly Puerto Rico Bank Is Crowdfunding on Circle’s SeedInvest
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Arival Bank aims to serve crypto firms rejected by traditional banks and is crowdfunding $3 million on Circle's SeedInvest platform.
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Bitcoin Shines Amid Wall Street Losses
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Bitcoin decoupled from traditional markets in the month of May, rising more than $3,000.
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Japan Hardens Rules for Cryptocurrency Storage and Trading
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The Japanese government is creating new – and potentially expensive – rules for all cryptocurrency companies.
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Coinbase President Steps Down, Emilie Choi Named as Replacement
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Asiff Hirji is leaving Coinbase after 18 months on the job. The crypto exchange also announced that current executive Emilie Choi would take over as COO.
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Coinbase Announces Support for EOS: Growing List of Crypto Assets
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Coinbase has announced that from today, EOS will be supported by its custodial wallet. Coinbase users can now buy, sell, receive, convert, and store crypto on the platform as well as exchange it against fiat currencies that are supported. EOS is currently among the top cryptocurrencies, and it is...
Is Nobody Spending Bitcoin? Chainalysis New Data Reflects Rally
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11:28
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Bitcoin is closing out the month near $8,500 USD. Surging more than 60% since the beginning of the month, its revival has caused a global stir. However, in the midst of the excitement, blockchain researcher Chainalysis is discovering a problem that perhaps most of us already know: hardly anyone...
Australian Government Publishes Update on Cryptocurrency and ICO Rules
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10:39
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<br /><br /> <br /><br /> The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs).In this guideline, the financial regulator outlines requirements that need to be followed for cryptocurrency businesses to be compliant with the ASIC Act.This update is noteworthy...
ARK Releases Revolutionary Free-to-use Blockchain Creation Tool, the ARK Deployer
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10:28
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Following ARK’s vision for a blockchain fueled future, is the launching of its widely applauded ARK Deployer. The event will be a game changer in the field of blockchain creation and adoption by mainstream services. ARK, is set to establish a unique and less complex process made readily available for...
EY Open-Sources ‘Nightfall’ Code for Private Transactions on Ethereum
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One of the world's largest consultancy firms has released a new set of protocols for enabling private transactions atop the ethereum blockchain.
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Bitcoin Price Looks Poised for Pullback But June Could Revive Rally
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Bitcoin is teasing a short-term bearish reversal at the onset of the historically strong month of June.
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University of Pennsylvania Latest Ivy Leaguer with Crypto Course on Offer
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The University of Pennsylvania has become the latest prestigious university to join a growing list either launching into blockchain or cryptocurrency via education centers and course.
Students will now be able to participate in an online program on financial technologies, including digital currencies...
Bitcoin Buys Profitable in 122 out of 125 Months
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06:58
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A Twitter user called Bitcoin Birch, as reported by NewsBTC, has pointed out today that out of the 125 months of Bitcoin existence, there have only been 3 months where Bitcoin buys would be in a losing position today at its current price of USD 8,300.
Bitcoin is 125 months old..
If you bought $BTC...
SBI Plans Launch of In-Store Payments With Ripple-Powered ‘Money Tap’ App
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SBI Ripple Asia is live testing in-store payments using its Ripple xCurrent-powered Money Tap app before a full launch "this year."
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Coinbase Adds Support for EOS Cryptocurrency on Retail Site and Apps
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Coinbase has added support for the EOS cryptocurrency for customers on Coinbase.com and its Android and iOS apps.
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Paxful CEO: From Homeless in New York to Building Homes in Africa
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04:27
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Bitcoin News has been following the fortunes of peer-to-peer Bitcoin marketplace Paxful since covering Africa in our Humanitarian Blockchain series published last year. One Crypto Briefing interviewer was lucky enough to catch up with company founder Ray Youssef to discuss the ups and downs of the...
Collapsed Crypto Exchange Cryptopia Owes Creditors $2.7 Million: Liquidators
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The liquidators of hacked New Zealand crypto exchange Cryptopia say it owes over $2.7 million to creditors, while user losses are still unknown.
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Blockchain.info Adds PAX Stablecoin to Mobile Wallet
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Crypto-wallet powerhouse Blockchain is adding a dollar-pegged stablecoin to attract more users.
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Bitcoin Taps $9,000 but Falls 10% After Rejection
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02:24
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After finally flashing past USD 9,000 briefly, Bitcoin, profit taking resulted in a sudden pullback that left Bitcoin at USD 8,025 after three hours, before recovering to its current levels at USD 8,250 as Europe markets open for trading at 6:00 am UTC (CoinDesk).
For an entire 10 hours during Asian...
Top Irish Banks Take to Blockchain to Validate Employee Credentials
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In an attempt to maintain the regulatory standards of the Central bank of Ireland, three of the “Big Four” banks are collaborating on a new education-based blockchain platform aimed to validate their employee credentials. The announcement was made during Blockchain Ireland week, hosted by government...
What to Expect at the SEC’s Blockchain Forum on Friday
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At a fraught moment for government-industry relations, the SEC and crypto insiders are sitting down for a meeting.
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North Korean Hackers Target Crypto Exchange UpBit’s South Korean Users
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North Korean hackers have been using a familiar phishing tool to steal UpBit customer details.
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Altcoins on the March Hitting 10-Month Peak
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For those that might have given up on altcoins as they watched them tumble last year, now might be a good time to take a second look, as it appears that many investors are doing exactly that with values latching on to Bitcoin’s latest wild ride and moving in the right direction.
‘Altseason’ is the...
North Korea Crypto Hacks Motivated by US Sanctions
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US intelligence have apparently blamed economic sanctions enforced by the US on North Korea as the primary motivations behind the cryptocurrency-related cybercrimes blamed on North Korean hackers, as reported by local English daily Korea Herald.
Authorities from the Federal Bureau of Intelligence (FBI)...
New Game From ‘CryptoKitties’ Creator Nets $275K in First-Week Spending
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"Cheeze Wizards" is the new crypto game from Dapper Labs, and it's already seeing interest from NFT collectors.
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Who Is Wei Liu? Second Copyright Filing Appears for Bitcoin White Paper
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Craig Wright now has a legal rival for claimed authorship of the bitcoin white paper, as a second registration is filed with the U.S. Copyright Office.
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A Closer Look at Satoshi Nakamoto: Facts, Fictions, and Identities
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Satoshi Nakamoto is the alias used by a person or group who authored the Bitcoin whitepaper. Satoshi is the creator of the first release of the Bitcoin protocol and blockchain database. The alias was used in email and forum correspondence from August 2008 through April 2011.
History
Satoshi’s first...
Exploring Illegal Mining Camps in Western China
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<br /><br /> <br /><br /> This article was originally published by 8btc and written by Vincent He.Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous. Now, 70 percent of the world’s bitcoins are produced in China, while 70 percent of China’s “stock” are in Sichuan, a western province of China,...
FT: “Level 10” Bitcoin FOMO Is on Its Way
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Financial Times journalist Adam Samson has proclaimed that we are headed straight for “Level 10” FOMO (Fear of Missing Out) in the Bitcoin market, referencing earlier talks of Bitcoin FOMO by Fundstrat crypto analyst Tom Lee.
We are apparently headed straight for LEVEL 10 FOMO in the #bitcoin market...
‘Everyone Can Be Satoshi’: Wei Liu Breaks Silence on Bid to Contest Craig Wright’s Bitcoin Copyright
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Crypto trader Wei Liu says he registered a copyright on the Satoshi White Paper to poke fun at what he calls the "cult of CSW."
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Down $500 in Minutes: Bitcoin Rally Stalls As Price Rejected Above $9K
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Bitcoin's price pierced $9,000 earlier today for the first time in over a year but quickly retreated to price levels sub $8,600.
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The Most Common Misconceptions About Bitcoin: Breaking the Mold
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Most people from around the world that hear about Bitcoin are confused. It is completely normal to feel like that. Bitcoin is relatively new. It appeared in 2008 as a white paper written by Satoshi Nakamoto, an alias of a person that nobody knows. Then, the official launch as a currency took place...
Initial Exchange Offering: A Newcomer in the Blockchain Evolution
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10:59
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You’ve heard of Initial Coin Offerings (ICOs), but have you heard of an Initial Exchange Offering (IEO)? If not, don’t worry—today we’re taking a closer look at IEO.
What Exactly is an Initial Exchange Offering?
An Initial Exchange Offering and an Initial Coin Offering have the same goal—to raise...
Ripple (XRP) Records 5-Month High: Trading Volumes Continue Increasing
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When Ripple (XRP) was created, the developers had in mind a platform that could support financial and banking institutions. Almost a decade later, the company has started to see success, and although it’s not quite at a rate that was expected, there is some visible progress.
Ripple Growing Relationship...
Bitcoin Remains on Hunt for $9K After Defense of Key Price Support
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Bitcoin still has potential for a move to $9,000, having established a bullish pattern at key price support in the last 24 hours.
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Huobi Clamps Down on Crypto Wash Trading After Bitwise Report
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Huobi said it has taken steps to discourage wash trading in the wake of a report that implied the exchange inflated trading volume.
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Institutional Crypto Investment Could Initiate 244% Rise in Bitcoin Value
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09:24
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Institutional cryptocurrency investment could Initiate a 244% rise in Bitcoin’s value, so says Jehan Chu, co-founder and managing partner of blockchain investment firm Kenetic Capital.
The influencer is predicting BTC poised for leap taking cryptocurrencies Ripple and XRP, Ethereum, Litecoin, Tron,...
Australian Securities Watchdog Updates Guidance on ICOs and Crypto Assets
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06:36
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ASIC, the Australian securities regulator, has updated its guidance for businesses involved with initial coin offerings and crypto assets.
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Binance to Offer Crypto Lending and Borrowing Through Cred Partnership
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Binance exchange is making cryptocurrency lending and borrowing firm Cred an official partner.
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$180,000 CoinJoin Bounty Awarded to Wasabi and JoinMarket
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06:24
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A 20 BTC (USD 180,000) bounty for the CoinJoin privacy implementation for Bitcoin has been awarded to privacy-centric Bitcoin wallet Wasabi and CoinJoin solution JoinMarket.
The bounty, co-held by Bitcoin core developers Gregory Maxwell, Pieter Wuille and bitcointalk.org owner Theymos, was awarded...
LiteLink Technologies Signs MOU with InstaPay to Offer Freight Factoring to 1SHIFT Logistics Customers
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05:49
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VANCOUVER, British Columbia, May 30, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:BAXS) (FRA: C0B) , a leader in logistics, artificial intelligence and digital payment solutions, is pleased to announce that it has signed a Memorandum of Understanding (MOU) with InstaPay Flexible...
LiteLink Technologies Signs MOU with InstaPay to Offer Freight Factoring to 1SHIFT Logistics Customers
how to
05:49
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VANCOUVER, British Columbia, May 30, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:BAXS) (FRA: C0B) , a leader in logistics, artificial intelligence and digital payment solutions, is pleased to announce that it has signed a Memorandum of Understanding (MOU) with InstaPay Flexible...
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