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CoinLive Weekly Recap: Find Out Last 7 Days' Top Stories

Author: CoinLive News Team Jul 16, 2018 at 06:43

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Coinbase Is Exploring The Addition Of Cardano, Zcash, Stellar, BAT And 0x Onto Its Platform

 Coinbase has stated that it is “exploring” the addition of these 5 tokens which does not guarantee the addition of all these tokens

US Judge Delays Crypto Fraud Ruling Pending CFTC Response

A federal judge has postponed any decision on a crypto fraud case brought by the Commodity Futures Trading Commission (CFTC) against alleged scammer Patrick McDonnell.

Something Strange Is Going On at a Crypto Exchange Called WEX

Users of WEX, the cryptocurrency exchange built on the ashes of BTC-e, are reporting withdrawal problems, raising new questions about an already mysterious trading platform.

Hedge Fund Billionaire Steven Cohen Is Getting into Crypto

Billionaire investor Steven Cohen, once dubbed the "Hedge Fund King," has reportedly entered the crypto space.

Tezos Foundation to Launch Grantmaking Process

The Tezos Foundation has announced that it will hold their first formal call for proposals through an open grantmaking process, according to an announcement published July 13.

Bloomberg: R3 Considers IPO Launch, Potential Buyers Express Interest

R3, a blockchain software enterprise that leads a consortium of more than 200 members, is considering launching an initial public offering (IPO), Bloomberg reported July 13.

Crypto Markets Show No Friday 13th Fear as Assets U-Turn on Previous Losses

Cryptocurrency markets staged a modest comeback Friday, July 13, following a week in which Bitcoin (BTC) lost over 5 percent against the dollar and Ethereum (ETH) over 7 percent.

Bitcoin Futures Volume Spike As Cboe Awaits ETF Decision

Everyone knows that bitcoin and cryptocurrency prices have been on a steady decline since the last month of 2017. 

Litecoin, Bitcoin Cash Are Latest Crypto Additions to Robinhood Investing App

U.S.-based mobile stock trading app Robinhood has added two new cryptocurrencies to its no-fee trading service.

100 Tokens By 2020: Ledger Pledges Big Expansion for Crypto Custody

The race among crypto custodians to secure high-end clients is growing fiercer by the day.

Tether Hires Former Bank Analyst as Chief Compliance Officer

Tether, the company behind the controversial, dollar-tied "stablecoin" known as USDT, has hired a chief compliance officer from the eighth-largest bank in North America.

Watch Out Bears, Crypto’s Only Getting Started: Coinbase CTO

Coinbase CTO Balaji Srinivasan ignited a Twitter firestorm yesterday when he tweeted that while 63% of the world’s adults own smartphones, only 8% of those in the U.S. ...

Report: More Than Three-Quarters of ICOs Were Scams

About half of the existing crypto-asset market today – numbering some 1,500 – functions on top of an existing blockchain like ethereum, according to a new report.

Binance Exchange Backs First-Ever Decentralized Bank in Malta

Binance, one of the biggest cryptocurrency exchanges in the world, is reportedly among a number of investors backing a decentralized bank to be launched in Malta.

Only 12 out of 23 Korean Crypto Exchanges Pass Probe – Inspector Under Fire

The self-regulatory inspection of South Korean cryptocurrency exchanges is complete. Fourteen out of 23 exchanges agreed to be inspected. 

New York State Regulators Approve New Power Rate Structure for Crypto Miners

New York state regulators have approved a new electricity rate scheme for cryptocurrency miners that will allow them to negotiate contracts...

Crypto Markets Continue to Descend as Governments Globally Clarify Regulations

Crypto markets continue to see red today, July 12, as data from Coin360 shows, with Bitcoin (BTC) falling below the $6,200 price point. All of the top 50 coins by market cap ...

Trump Task Force to Aid Crypto Crime Investigations

U.S. President Donald Trump signed an executive order Wednesday creating a task force that will focus in part on developing guidance for cryptocurrency fraud investigations.

Korean lawmakers racing to regulate crypto, ICO, blockchain

South Korean lawmakers are racing to make rules on cryptocurrency, initial coin offerings (ICO) and blockchain.

Bitcoin Awareness and Usage in Canada: An Update by the Bank of Canada

This note provides an update of the results of the 2017 Bitcoin Omnibus Survey (BTCOS) conducted by the Bank of Canada from December 12 to 15, 2017. 

Ripple Taps Facebook Payments Exec for Business Development Role

Ripple has a new senior vice president of business and corporate development. The San Francisco-based distributed ledger startup announced Wednesday...

Augur Passes CryptoKitties: Ethereum App Sees $400K in First-Day Betting

That may have summed up the state of affairs Tuesday, hours after the Forecast Foundation, the non-profit behind the Augur protocol, announced the launch of its decentralized...

Litecoin Price Spikes Above $80 on Bank Acquisition News

The price of litecoin spiked to $81 on Wednesday amid notable news for the cryptocurrency often called the silver to bitcoin's gold.

UK Financial Regulators Are Preparing for a World of Crypto Assets

Blockchain crowdfunding ideas may be ten-a-penny these days, but seeing the concept tested out by a financial regulator and a major stock exchange is pretty unique.

Opera Is Testing a Mobile Browser With a Built-In Crypto Wallet

In a first for the company, Opera is launching new browser software that has a built-in cryptocurrency wallet.

Canadian Crypto Exchange Coinsquare to Launch in Japan

Canadian cryptocurrency exchange Coinsquare has announced its plan to enter the Japanese market pending approval by the country’s financial regulator. 

Indian Central Bank Responds About Crypto Restrictions

India’s central bank has responded to a representation about its crypto banking ban. The Supreme Court gave the central bank seven days to reply following a hearing last week ...

Crypto Markets Take Deep Plunge, Market Cap Back to Monthly Lows

Tuesday, July 10: crypto markets have taken a deep plunge today, after a week of relatively stable growth. All but one of the top 20 cryptocurrencies by market cap are in the red...

Augur Network Launches Successfully after Token Migration Completes

Augur, a decentralized prediction market platform, has successfully launched after being in development for over 2 years.

Cryptocurrency Concept Is a 'Fallacy' Says Finnish Central Bank Advisor

Using digital currencies synonymously with the term cryptocurrencies, a paper published by the Bank of Finland and written by one of its advisors argues that cryptocurrencies aren't real forms of money.

LocalBitcoins Trader 'Bitcoin Maven' Sentenced to Year in Prison

A Los Angeles bitcoin trader was sentenced Monday to one year in federal prison after she admitted to operating an unlawful money transmission business.

More Than Half of ICOs Fail Within 4 Months, Study Suggests

While over 4,000 ICO projects have managed to raise a combined total of around $12 billion to date – and most since January 2017 – a majority of them fail within four months of their token sales, a new study suggests.

100 Merchants Can Now Trial Bitcoin's Lightning Network Risk Free

A few lucky merchants now have one less obstacle to accepting bitcoin payments via the Lightning Network.

PBoC Will 'Crush' Foreign ICOs Targeting Chinese Investors: Official

A vice governor of the People's Bank of China (PBoC) has again issued strong statements against initial coin offerings (ICOs), singling out those that have moved overseas, but are still marketing to investors in China.

Ledger Reportedly Attracts Tech Giant Investors After Selling Over 1 Mln Wallets in 2017

Ledger, one of the leading security-focused hardware wallet suppliers, has sold more than one million hardware crypto wallets in 2017, earning a profit of $29 million, the firm said in an interview with Forbes July 9.

Bancor Urges Industry Players to Collaborate After $23.5 Million Hack

On July 9, the decentralized crypto platform Bancor was compromised. The hackers managed to drain over $23 million worth of crypto.

New EU Directive Sets Stricter Transparency Rules for Digital Currencies

The EU Fifth Anti-Money Laundering Directive came into force yesterday, July 9, Cointelegraph auf Deutsch reports July 10. Measures within the directive will set a new legal framework...

$13.5 Million in Crypto Stolen From Token Platform Bancor

Token creation platform Bancor has gone offline following a "security breach" that took place Monday morning that saw the platform lose millions of dollars worth of cryptocurrency.

Major Futures Exchange CBOE Files For Bitcoin ETF, Increasing Probability of Approval

Cboe, the world’s largest futures exchange, has filed for a bitcoin ETF with the US Securities and Exchange Commission (SEC), to enable investors in the public market to trade bitcoin.

BitGo Adds 57 Ethereum Tokens In Largest-Ever Custody Service Expansion

The security startup BitGo exclusively told CoinDesk on Tuesday, July 10, it will expand its suite of custody products and services to support 57 new ethereum assets.

$42 Million In Crypto Is Now Being Airdropped to NEO Investors

Select Neo users are now receiving free crypto money. Beginning this weekend, those who held tokens on the Neo blockchain, the 11th largest in the world, began to receive 10 million ONT tokens (worth $42,100,000 at press time).

YouTube Accused of Negligence in BitConnect Fraud Lawsuit

Digital media giant YouTube has been named in class action lawsuit tied to the collapse of BitConnect, the cryptocurrency lending platform widely accused of fraud.

World's Largest Bank Eyes Faster Asset Exchange With Blockchain

The Industrial and Commercial Bank of China (ICBC), one of China's "Big Four" state-owned commercial banks and one of the world's largest by total assets, is seeking to patent a blockchain system for the exchange of financial assets.

Bitcoin Still in a Good Position After 70% Fall: Binance CEO Changpeng Zhao

Changpeng Zhao (CZ), the founder and CEO at the world’s biggest crypto exchange Binance, has said that bitcoin is still in a positive position after its 70 percent fall since early 2018, especially considering its strong rally throughout 2017.

Study: Crypto Could Become Mainstream Means of Payment Within Next Decade

A new study has found that cryptocurrencies like Bitcoin (BTC) have the potential to become a mainstream means of payment and already meet one of the three main criteria of money.


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