07-June-2019

5 months ago

Reserve Bank of India Denies Involvement in Draft Bill to Ban Cryptocurrencies – via Coindesk
The Reserve Bank of India is denying any knowledge of a proposed ban on cryptocurrencies — despite reports that a number of governmental agencies have backed the draft legislation — according to a Right to Information request filed on June 4.

5 months ago

Large Polish cryptocurrency exchange Coinroom committed an exit scam on thousands of users – via FXSTREET
One of the largest cryptocurrency exchanges in Poland, Coinroom, without warning closed down its operations in April, which was said to have been as part of an exit scam. It saw thousands of users as victims to the theft.

5 months ago

Ethereum Classic to Test Code for ‘Atlantis’ Upgrade This Month – via Coindesk
Ethereum classic developers are speeding up plans to test a proposed upgrade for the blockchain network.

5 months ago

Bitfinex Faces Yet Another Controversy, Denies Its Involvement – via U.TODAY
Bitfinex has recently denied its involvement in a suspicious transfer of funds that are linked to the major hack the embattled exchange suffered back in 2016, Hard Fork reports. On June 7, more than $1.3 mln worth of BTC was transferred to an unknown wallet.

5 months ago

Charlie Lee: If a crypto can’t be 51% attacked, it’s centralized – via Chepicap
Charlie Lee, the creator of the fourth biggest cryptocurrency, Litecoin, has tweeted a response “thought-provoking observation.” Lee argues that if a network isn’t susceptible to a 51% attack, its permissioned and centralized.

5 months ago

Bitcoin Mining Consumes More Electricity Than New Zealand, Report Finds – via Cryptobriefing
Bitcoin mining currently consumes more electricity than the entire country of New Zealand, according to a new report. But the cloud has a green lining: researchers determined that much of that electricity comes from renewables, indirectly subsidizing environmentally-friendly sources.

5 months ago

Bitcoin Network Has Become More Secure in 2019 – via U.TODAY
According to data provided by Bitcoin developer Jameson Lopp, it would now take more than Proof-of-Work (PoW) equivalent 400 days to rewrite the entire Blockchain by somebody who controls 100 percent of all hashrate. This is the longest it has ever been.

5 months ago

Roger Ver launches new Bitcoin Cash trading platform – via Chepicap
Bitcoin Cash proponent and CEO of Bitcoin.com, Roger Ver recently announced the launch of Local.bitcoin.com, a Bitcoin Cash peer-to-peer trading platform. His new platform is in direct competition with Bitcoin-based LocalBitcoins.com, Coindoo reports.

5 months ago

Australian tax authorities cracking down on cryptocurrency tax avoidance schemes – via FXSTREET
The Australian Taxation Office (ATO) are potentially set to crack down on major tax avoidance scheme, which is reportedly being done via the use of cryptocurrencies.

5 months ago

India’s crypto ban draft bill suggests 10-year jail term for those dealing in cryptocurrencies – via FXSTREET
The cryptocurrency space in India is headed for the worst if a proposed draft bill on Banning Cryptocurrencies and Regulation of Official Digital Currency Bill, 2019 passes into law. As per a report by Bloomberg Quint, the proposed deal is will double down on those holding, mining, buying or selling digital assets.

5 months ago

Bitcoin Miners Move From China To Other Countries Due To The Current Uncertainty – via UsetheBitcoin
Bitcoin miners could be moving to the United States due to the current uncertainty in China. The Asian country has grown as a hub for mining operations and around 70% of the mining activities happened there. Nevertheless, things seem to be changing now, and miners are searching for new places where to mine digital assets.

5 months ago

Max Keiser: “Banksters know they can’t stop Bitcoin” – via Chepicap
SEC Chairman Jay Clayton sat down with CNBC’s Squawk Box yesterday. During the interview, Clayton stated the SEC traditional fiat markets have methods of preventing manipulation and malpractice while the cryptocurrency markets don’t. Max Keiser feels differently and he let Clayton know about it.

5 months ago

Forbes: Bitcoin and Crypto Now to Be Supported by Apple’s New iOS 13 – via U.TODAY
iOS 13, which is about to be released for the iPhone, contains a new feature – a “cryptographic” developer tool. Apple seems to be following the lead of Facebook and Samsung with its recent S10 Galaxy model that allows one to store private keys for several major coins and a few altcoins.

5 months ago

Blockchain Technology Could Have Helped Avoid the 2007-08 Financial Crisis, CFTC Chairman Claims – via beincrypto
Christopher Giancarlo, chairman at the Commodity Futures Trading Commission (CFTC), recently said that blockchain technology has “tremendous potential” for the market while also stating that, had we had the technology in 2007-08, regulators could have been much more accurate with their solutions in the wake of the Great Recession.

5 months ago

Crypto Developer Komodo ‘Hacks’ Wallet Users to Foil $13 Million Theft – via Coindesk
Cryptocurrency wallet developer Komodo has effectively hacked its own customers to avert an attack that could have resulted in the theft of funds worth nearly $13 million.

5 months ago

Ripple rumored to have acquired MoneyGram – via FXSTREET
Ripple has been in the headlines over the past few days mostly the good. The blockchain startup focused on developing financial solutions is aiming at becoming a global sensation in terms of international money remittance.

5 months ago

CME Bitcoin [BTC] Futures scale new heights as bullish run yields results – via AMBCRYPTO
Bitcoin’s [BTC] recent bullishness has not only had a positive impact on its price and market cap, but also on all its connected entities. This was reflected in recent reports that revealed CME volumes were up by 36 percent since April 2019, and had witnessed a year-on-year growth of 250 percent.

5 months ago

John McAfee launches Bitcoin Debit Cards – via FXSTREET
John McAfee, a creator of the famous cybersecurity company and an odious cryptocurrency evangelist, announced the giveaway of his cryptocurrency debit cards. The first 20 cards will be distributed among the members of established media.

5 months ago

Dutch Billionaire and Big Brother Creator File Lawsuit against Facebook for Fake Bitcoin Ads – via beincrypto
Dutch billionaire John de Mol filed a lawsuit in an Amsterdam court claiming that the social media platform was promoting fake ads. De Mol’s face and name were used in fraudulent ads promoting Bitcoin.

5 months ago

Binance Coin [BNB] a perfect example of how cryptocurrencies have changed fundraising, says CFO Wei Zhou – via AMBCRYPTO
Wei Zhou, Chief Financial Officer at Binance, spoke at the Money 2020 conference and outlined how tokenization has changed the way to raise money. Zhou stated that tokenization has gained traction ever since Bitcoin started going mainstream.

5 months ago

Poloniex loses 1,800 BTC in margin lending pool, recovers funds from users – via Chepicap
Poloniex has released a statement regarding the loss of 1,800 Bitcoin due to a severe price crash in the CLAM market caused a number of margin loans to default

5 months ago

Retail Banks Will Save Billions by Adopting Blockchain: McKinsey Report – via U.TODAY
Unlike investment banks, their retail competitors are cautious about the Blockchain technology. A new McKinsey study, which was analyzed by Bloomberg, signifies the potential benefits of using Blockchain for such banking institutions.

5 months ago

Three new crypto exchanges authorized by Malaysian financial regulator – via FXSTREET
The exchanges have nine months to comply with the local regulatory rules fully. The laws regulating the token sales received some criticisms

5 months ago

Crypto Events for today – via Cryptocalendar.pro
1. Storm (STORM) — Airdrop for Unsold Tokens
2. Veros (VRS) — Token Burning
3. QLC Chain (QLC) — Staking Portal Opens
4. DADI (DADI) — AMA Session
5. STASIS EURS (EURS) — Bitibu Exchange Delisting
6. NeosCoin (NEOS) — Bittrex Exchange Delisting
7. Lunyr (LUN) — Bittrex Exchange Delisting
8. HempCoin (THC) — Bittrex Exchange Delisting
9. Tokes (TKS) — Bittrex Exchange Delisting
10. Litecoin Cash (LCC) — Bounty Program Launch
11. Kambria (KAT) — AI for Virtual Assistants Workshop in Ho Chi Minh City
12. Quantstamp (QSP) — AMA on Reddit
13. Zilla (ZLA) — GLOBLA 2019 in Singapore
14. Ethereum Classic (ETC) — AMA on Discord

We post Live Crypto News by gathering them from various sources available, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and fellow crypto enthusiasts.

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