Bitcoin Weathers Overnight Sell-Off, Looks to Test $12K



Bitcoin (BTC) has recovered 38 percent of an overnight sell-off and remains on track to test the long-term inflection point above $12,000, technical charts indicate. The cryptocurrency ran into offers...
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Russia's Capital Is Leading the Charge for Blockchain Democracy

Even as Russia stands accused of meddling in the 2016 U.S. presidential election, its national capital is taking a leadership role in making democracy more transparent. Using an existing program...
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Gibraltar Will Take Market-Driven Approach to ICO Rules

Gibraltar may be moving to regulate initial coin offerings (ICOs), but officials say it will be up to the market to determine what a "good" token sale looks like. The...
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Venezuela Claims $735 Million Raised in First Cryptocurrency Sale

Venezuelan president Nicolas Maduro is claiming that the country has raised $735 million in the first day of a sale for its controversial "petro" cryptocurrency. Announced late Tuesday night, Maduro...
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Tesla's Cloud Hit By Crypto Mining Malware Attack

Electric vehicle maker Tesla has reportedly fallen victim to a cryptocurrency mining malware attack. On Tuesday, cybersecurity software firm RedLock reported  that hackers had exploited an insecure Kubernetes console, which...
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Dutch Bank ING Says Crypto Exchange Bitfinex Is An Account Holder

ING confirmed Tuesday that cryptocurrency exchange Bitfinex has an account with the Dutch bank. According to Bloomberg News and Reuters, a spokesperson for the financial services company acknowledged Bitfinex's account...
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US Securities Regulator Rejects BitConnect Records Request

The U.S. Securities and Exchange Commission (SEC) has denied a Freedom of Information Request (FOIA) on the BitConnect cryptocurrency investment scheme, citing an exemption usually applied to records tied to...
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What We've Learned About Venezuela's Petro Token

The government of Venezuela published several guides Tuesday in support of the presale for its "petro" cryptocurrency. Announcing the oil-backed token as a form of legal tender that can be...
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Report: Japanese Crypto Exchanges Unite to Form Self-Regulatory Group

A group of Japanese cryptocurrency exchanges is reportedly uniting to form a new self-regulatory body in the wake of the recent Coincheck hack. According to Reuters , which cites unnamed...
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Lisk Relaunches Blockchain Project With 'Accessibility' in Mind

The team behind the Lisk blockchain network is hosting a relaunch event in Berlin on Tuesday, boasting a new look and long-term plan for the project. "Rebranding normally only involves...
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EU Regulators to Discuss Crypto Regulation Next Week

A group of European Union regulators will meet next week to discuss the regulation of cryptocurrencies. Speaking to reporters on Tuesday, European Commission vice president Valdis Dombrovskis said that the meeting...
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Game Over: Vigilante Pulls Plug on Crypto All Stars

Crypto-All Stars
A red-hot ethereum game is off the market, collapsing Tuesday in a complex tale involving crypto-economics, community backlash, and finally, a sudden takeover. Launched just earlier this month, Crypto All...
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500 Startups, Huobi Labs to Incubate Blockchain Projects

500 Startups, the Silicon Valley startup accelerator, announced Tuesday it is partnering with cryptocurrency exchange Huobi's incubator wing, Huobi Labs. The two companies will support startups in various areas, including...
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Finland Mandates Cold Storage, Public Auctions for Seized Bitcoins

Finland's government released new guidelines on Tuesday that set out how law enforcement officials must handle cryptocurrencies they confiscate. The official agencies in charge of storing the cryptocurrencies will now...
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Vitalik Has a New Idea for ICOs – And It's Being Tested

Investors need more control over ICOs At least, that's according to ethereum creator Vitalik Buterin . One of the early thinkers to shape the crypto funding mechanism concept, he hasn't...
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Bitcoin Price Ticks Higher Amid Strong Korean Demand



Bitcoin's recovery continues apace, with prices passing $11,600 in the morning's trading. According to CoinDesk's Bitcoin Price Index , at around 07:00 UTC today, the cryptocurrency reached $11,645.12, before dropping...
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South Korea to Support 'Normal' Crypto Trading, Says Finance Watchdog

South Korea appears to be softening its stance on cryptocurrency trading. According to Yonhap News , Choe Heung-sik, governor of the Financial Supervisory Service, has said the government "will support...
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Grocer Albertsons to Buy Drugstore Retailer Rite Aid


Grocery retailer Albertsons Companies will buy drugstore retailer Rite Aid in a move that will accelerate its omnichannel strategy and offer it enhanced data and analytics. Learn the details of...
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BofE governor Carney says bitcoin has failed as a currency

Bank of England Governor Mark Carney has called time on bitcoin, saying that it has failed as a currency. In a Q&A session follwing a speech on leadership to students...
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Starling Bank moves into merchant acquiring

Starling Bank is to expand its payment services business and will become the first UK challenger bank to offer Merchant Acquiring services. The introduction of Starling Merchant Services will enable...
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