Coinbase sees more trades/minute last week than it has since early 2018 – via Chepicap
It has been observed by Coindesk Markets that last week, major exchange Coinbase recorded more trades per minute, on average, than it has seen since the week of March 4th, 2018. This comes along with the recent rally in price and return of the bull market, so it makes sense more people are trading.
Coinbase sees more trades/minute last week than it has since early 2018 – via Chepicap
Bitcoin [BTC] ownership, trading should be legal in China, says Bank of China Council member – via AMBCRYPTO
Bitcoin [BTC] received a major boost after Sa Xiao, Council Member at the Bank of China’s Law Research Association, said that it should be legal for people in China to own Bitcoin [BTC], despite the government’s ban on crypto transactions and assets.
Huobi Global Celebrates BTC Pizza Day With PrimeBTC Trading – via Cryptodaily
It’s actually nine years to the day that the exchange happened and so to honour the tradition, Huobi Global is setting up a range of initiatives. This includes the launch of the Reserve Protocol’s Reserve Rights Token through their premium coin launch platform Huobi Prime. HG will also be hosting a special sale of Bitcoin featuring prices discounted up to fifty percent off market value.
MAC Foundation Announce New Location For Atomic Chain – via Cryptodaily
MAC Foundation is pleased to announce the opening of its new office in the downtown of Singapore. The new building will host the business units that are used to expand business develop and software development. The new office space provides capacity for customer support, engineering, sales and services and leadership functions across the entity.
Crypto Security and Privacy: Why VPNs Matter – via Cryptoglobe
With exchange hacks, crypto thefts and phishing incidents seemingly hitting headlines every week, safely buying and transacting with cryptoassets online has never been more important
KaratGold Coin (KBC) Presents A New Blockchain-Enabled Smartphone To Join The Race Of Blockchain-Focused Handsets – via Cryptodaily
An array of software and hardware solutions around KaratGold Coin (KBC) is an example of an ecosystem that allows a new-born cryptocurrency to be accepted within and beyond the cryptocurrency sphere. The line of technical innovations, from the code for online vendors to the blockchain-enabled smartphone, is designed to provide an unprecedentedly smooth user experience with security as the main principle.
Whoops: User loses 1 BTC after sending to Huobi’s cold wallet – via Chepicap
A Redditor has shared his experience of losing 1 BTC after mistakenly sending it to what he believes is Huobi’s cold wallet; and now, he wants your help to get it back…
Israeli Court Rules Bitcoin Is an Asset in Feud Over Tax Payment – via Coindesk
An Israeli court has ruled that bitcoin is an asset and not a currency, and thus subject to capital gains tax (CGT).
Ethereum 2.0 Testnet Went Live: ETH Price Completes 50% Increase Since Then – via Cryptopotato
The crypto space has been buzzing lately with talk of an “Ethereum 2.0.” As of now and starting from the beginning of May 2019, the Ethereum 2.0 testnet is live, touting staking ability for participants.
How Banks Are Pushing Ripple Adoption More Than Ever Before – via Cryptodaily
The founder of Gokhshtein Magazine, David Gokhshtein is a very big XRP supporter and thinks that Ripple is placing themselves in the perfect position to infiltrate the international financial system.
Russia’s Central Depository to Launch Security Token Blockchain Next Month – via Coindesk
Russia’s National Settlement Depository (NSD) plans to launch its long-awaited digital asset ledger next month
Tether Reveals It Invested Some of Its Reserves in Bitcoin and ‘Other Assets’ – via Cryptoglobe
Recently obtained court documents reveal that Tether, the firm behind the popular USDT stablecoin and that shares management with crypto exchange Bitfinex, used some of its reserves to invest in bitcoin and ‘other assets’.
Bulgaria Betting on Bitcoin, Holds Over 200,000 BTC in Reserve – via beincrypto
Bulgaria is betting big on Bitcoin (BTC). The country is allegedly sitting on a vast amount of BTC wealth which it is holding in reserves. The country acquired the BTC during operation PRATKA when it seized the cryptocurrency from criminal enterprises in Macedonia, Greece, Romania, and Serbia.
Justin Sun’s TRON (TRX) Keeps Advancing – Sun Network About to Launch on Testnet – via U.TODAY
At the moment, the Tron community expects the launch of the Sun Network, otherwise known as DappChain. Major Tron supporter Misha Lederman tweeted to remind the community that the testnet for the Sun Network is to launch on May 30, with only eight days to go.
Monero’s [XMR] Riccardo Spagni calls Craig Wright ‘so dumb’; attacks Wright’s lawyer credentials – via AMBCRYPTO
Craig Wright, Chief Scientist at nChain, has been in cryptocurrency hot waters for quite some time now, with his claims of being Satoshi Nakamoto being disputed by most of the cryptoverse. The latest chapter in this episode was written when Wright filed a copyright for the Bitcoin whitepaper, something that was seen by the Twitter community as a gimmick and “just another form.”
Crypto Lending Startup BlockFi Slashing Interest Rates on Ether Deposits – via Coindesk
From June 1, customers with 25–100 ETH balances in a BlockFi Interest Account (BIA) will see the interest rate drop from the current 6.2 percent annual percentage yield (APY) to 3.25 percent, the startup announced Tuesday. Those holding over 100 ETH balances will earn just 0.2 percent APY.
ECB praises cryptocurrency. Sees future in stablecoins – via FXSTREET
The European Central Bank (ECB) has made it clear that it does not regard cryptocurrencies as a threat to financial stability in Europe. The Central Bank has highlighted the importance of crypto assets on economic advancement and monetary policies in the region in a recently released paper called “Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures.”
Ethereum Foundation reveals the roadmap for 2019 – via FXSTREET
Recently the Ethereum Foundation has released its Spring 2019 update, that reveals the roadmap of the project for the year ahead.
$71 Million: Galaxy Digital Sells Stake in EOS Blockchain Maker Block.One – via Coindesk
Galaxy Digital, the crypto merchant bank founded by former hedge fund manager Michael Novogratz, has received $71.2 million after selling its shares in Block.one, the maker of the EOS blockchain.
60 Minutes Introduces Bitcoin to an Older Generation of Americans – via beincrypto
CBS’s 60 Minutes premiered a segment on Bitcoin. Surprisingly positive, the coverage explained the Bitcoin concept to an older generation of Americans for the first time.
Zimbabwe Stock Exchange (ZSE) seeks regulatory clarity over Blockchain-based products – via FXSTREET
Zimbabwe Stock Exchange (ZSE) chief executive Justin Bgoni reportedly announced that the firm is interested in taking on blockchain technology if they obtain regulatory clarity. Bgoni is waiting for the regulatory certainty issues to be resolved to plunge into blockchain technology.
Ron Paul: The U.S. Dollar Is In a Bubble, Bitcoin An Alternative – via NewsBTC
Former US presidential candidate and congressman Ron Paul is a regular critic of the United States Federal Reserve and of the country’s economic policy. In the past, the libertarian politician has spoken out in support of cryptocurrencies, suggesting that making the digital assets exempt from taxation could help avoid a “Fed-created recession.”
Ethereum transactions have risen 44% in just 3 months – via Chepicap
It is being reported by LongHash that transactions on the Ethereum network have been on the rise lately, and have recently seen a new high that is 44% above where it was only 3 months ago.
Circle has laid off about 10% of its employees, cites “regulatory climate” – via Chepicap
It has been reported by Coindesk that prolific crypto startup Circle, which owns the Poloniex exchange and created the USDC stablecoin with Coinbase, has announced that it has layed off 30 employees, or about 10% of its staff, citing the market and current regulatory situations within the United States as a cause.
Dish Will Launch ‘Internet of Things’ Network in Early 2020 – via beincrypto
Dish Network has announced to its employees and partners that it plans to launch a network for the ‘Internet of Things’ in early 2020. It will go together with the company’s plans to become the first standalone 5G provider in the United States, that same year.
Bitfinex Implements a Standard 0.1% Fiat Withdrawal Fees for All Verified Users – via Coingape
Bitfinex is taking a step towards making its customers happier, especially following the court incidence which is ongoing. The exchange is lifting its high frequency/size fiat withdrawal fees. According to an announcement on its Bitfinex website, all verified users will pay a standard fee of 0.1% of withdrawal amount for fiat withdrawals moving forward.
Crypto Events for today – via Cryptocalendar.pro
1. MaidSafeCoin (MAID) — Meetup in London
2. Kambria (KAT) — Seminar in Hanoi
3. Syscoin (SYS) — TPS Results Release
4. ICON (ICX) — AAMA Fintech Connect Conference in San Francisco
5. Pundi X (NPXS) — XPOS Flash Sale
6. Bionic (BNC) — Trade Satoshi Exchange Delisting
7. Mirai (MRI) — Trade Satoshi Exchange Delisting
8. BunnyCoin (BUN) — Trade Satoshi Exchange Delisting
9. Elite (1337) — Trade Satoshi Exchange Delisting
10. HTMLCOIN (HTML) — Trade Satoshi Exchange Delisting
11. Espers (ESP) — Trade Satoshi Exchange Delisting
12. Zap (ZAP) — Bitrue Exchange Listing
13. Telcoin (TEL) — AMA on Telegram
14. TRON (TRX) — ZBX Echange Listing
15. Crypto.com Chain (CRO) — CoinTiger Exchange Listing
16. Golem (GNT) — AMA on Reddit
New User-Friendly Explorer for EOS Developers Released By Block.one – via Cryptoglobe
Block.one, a Cayman Islands-registered firm focused on publishing open-source software for EOS, one of the largest cryptoasset platforms for building and deploying decentralized applications (dApps), have released the EOSIO Explorer.
Bitfinex claims NYAG case should be dismissed, outside of NY jurisdiction – via Chepicap
As most know by now, Bitfinex and Tether are being investigated by the New York Attorney General (NYAG) over the alleged cover-up of an $850 million loss by the company. Now, the two entities are pushing back, and it has been reported that they are asking for a full dismissal of the investigation, citing the fact they have no customers in New York or the US, and so are outside of the NYAG’s jurisdiction.
Crypto Custodian Koine Launches Fintech platform Hireabl – via FXSTREET
Cryptocurrency custody provider Koine has recently announced that it will launch a new startup called Recruitable Ltd, aka Hireabl, which is a fintech platform for automated client on-boarding.
Weiss Ratings Considers Cardano An Effective And Profitable Blockchain Platform – via UsetheBitcoin
The independent rating agency Weiss Ratings seems to be bullish about Cardano (ADA), one of the largest digital currencies in the market. The blockchain project has been discussed for a long time and investors are very excited about it. In a recently uploaded Tweet, Weiss Ratings said that Cardano is one of the best projects in the market.
Cryptopia: Stolen Ethereum [ETH] funds continues to move; a portion sent to EtherDelta – via AMBCRYPTO
The hacker who stole a mammoth amount of cryptocurrency funds from Cryptopia, a New Zealand cryptocurrency exchange, continues to move to stolen funds in the market. Unlike the previous attempts, this time around the attacker transferred the funds to a decentralized exchange, EtherDelta.
We will 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.