The Latest Crypto News From The Interwebs - 8th June 09:00
Cryptocurrencies Not a Risk to Stability, Russian Study Concludes
Via Lubomir Tassev Fri Jun 08 08:40:24 BST 2018
A study has found that despite their volatility, cryptocurrencies do not endanger the financial system and the economy of Russia, as the risks are offset by the highly concentrated ownership of digital assets. Crypto fluctuations are not believed to affect consumption either. Russian residents have controlled cryptocurrency worth between $7.5 and $14 billion in the […]
Tagged with #Economy-&-Regulation #ACRA #adoption #Coins #commodities #crypto #Crypto-markets #crypto-payments #Cryptocurrencies #Cryptocurrency #cryptos
Crypto Auction: $5.6 Million Andy Warhol Art to be Sold via Ethereum Blockchain
Via Shaurya Malwa Fri Jun 08 08:35:38 BST 2018
very day. Stepping aside from its use in financial and industrial sectors, the ethereum blockchain will be utilized in June 2018 to facilitate the auction of Andy Warhol’s 1980 work 14 Small Electric Chairs for cryptocurrencies. The auction will be carried out.....
Tagged with #Accepts-Bitcoin #Ethereum-News #News #andy-warhol
Quebec Halts Crypto Mining Approvals Pending New Rules, Price Hikes
Via Nikhilesh De Fri Jun 08 08:00:28 BST 2018
Quebec has halted approvals for new cryptocurrency mining operations while it draws up new rules and may raise energy costs......
Tagged with #Regulation #News #Business-News #Mining #Queensland #Energy #Hydro-Quebec
BTC Markets Update: Major Symmetrical Triangle Set to Break
Via Samuel Haig Fri Jun 08 07:20:39 BST 2018
The BTC markets are currently testing two major trendlines comprising a major symmetrical triangle. As of this writing, bitcoin appears to be following a major ascending trendline that dates back to mid-2017, whilst simultaneously testing a descending trendline that runs from December’s all-time high of nearly $20,000 USD to the local high of approximately $10,000. […]
Tagged with #Market-Updates #BCH #Bitcoin #bitcoin-cash #Break #BTC #Cash #major #Markets #N-Markets-and-Prices #SET
Alibaba Affiliate to Boost Blockchain Development After $14 Billion Raise
Via Wolfie Zhao Fri Jun 08 06:30:45 BST 2018
Alibaba's Ant Financial has raised $14 billion in a new funding, part of which will be used to continue its development of blockchain technology......
Tagged with #News #Payments #Investments #Alibaba #Ant-Financial
Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws
Via Samuel Haig Fri Jun 08 06:20:18 BST 2018
In recent regulatory news, the United States Commodity Futures Trading Commission (CFTC) has rejected a Freedom of Information Act (FOIA) request regarding the subpoenas recently received by Bitfinex and Tether; the United States Securities and Exchanges (SEC) Chairman, Jay Clayton, has indicated that the regulator will not alter existing securities legislation to cater to cryptocurrencies. […]
Tagged with #Regulation #ACT #CFTC #Chairman #clayton #commission #commodity #Digital-Assets #Exchange #Financial-Services #FOIA
Blockchain's Once-Feared 51% Attack Is Now Becoming Regular
Via Alyssa Hertig Fri Jun 08 05:00:53 BST 2018
At least five cryptocurrencies have recently been hit with a 51% attack, a vulnerability users used to scoff at......
Tagged with #Features #Other-Public-Protocols #Technology-News #Security #Technology #51%-attacks #Featured
Korean Crypto Exchange Coinone and 20 Traders to Face Charges Over Margin Trading
Via Kevin Helms Fri Jun 08 04:20:08 BST 2018
The South Korean police are reportedly preparing to charge Coinone’s executives, including its CEO, and 20 of the exchange’s members. This follows a 10-month investigation on allegations that the exchange provided gambling services through its crypto margin trading program. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinone’s Investigation Concludes South Korea’s Cybercrime Investigation […]
Tagged with #Exchanges #Bitcoin #Bithumb #BTC #ceo #Coinone #Crime #crypto #Cryptocurrency #Digital-Currency #Exchange
Registration for Dfinity's 'Biggest Airdrop Ever' Is Closing Soon
Via Annaliese Milano Fri Jun 08 04:00:09 BST 2018
Startup DFINITY claims to be carrying out the largest airdrop ever......
Tagged with #News #Investments #Initial-Coin-Offerings #Airdrops #CoinList #DFINITY
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Sources bitcoin.com , cointelegraph.com ,coindesk.com,blockchain.com,ccn.com,cryptocurrencynews.com
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