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Crypto Recap July 10: Crypto Markets Back to Monthly Lows

Author: CoinLive News Team Jul 11, 2018 at 07:41

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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...


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