22-AUG-2019

2 months ago

Ripple’s XRP Announced as Cheapest Method for Transnational Payments by Major DBS Bank in South-East Asia – via U.TODAY
On Wednesday, one of the major XRP community members, going by the nickname @BankXRP, published some positive news about Ripple on their Twitter account. This user generally promotes Ripple and XRP and its ecosystem. This time, @BankXRP published some information regarding one more acknowledgement of Ripple by major global banks. One of them, DBS Bank, which is one of the top banking institutions in the South-East Asia, has referred to Ripple as the cheapest way of conducting transnational payments.

2 months ago

Australian crypto scammer brought before Court; incident highlights rise in crypto scams – via AMBCRYPTO
Australia has been a pro-crypto country for quite some time and cryptocurrencies are treated as a legal commodity in the country; however, cryptocurrency exchanges register with the AUSTRAC, a government financial intelligence agency set up to monitor financial transactions. People often question the need for regulations in the crypto world, but crypto-related scams and hacks lead to the need for implementing regulations. Recently, an Australian was under the gun for conning Australian investors off $3 million.

2 months ago

Blockchain Education Initiatives Launch at California Universities – via Coindesk
A VC-backed blockchain firm that helped curate courses at Harvard, Oxford and Cambridge is officially rolling out its programs at three California universities. MouseBelt‘s Blockchain Accelerator launched Wednesday at UC Davis, UC Los Angeles and UC Santa Barabara, boosting the educational presence at the noted U.S. schools. Backed by over $40 million in funding from New Value Capital, MouseBelt currently aids 65 student blockchain community groups at 14 universities worldwide.

2 months ago

The Company that Operated Zaif To Shut Down Crypto Exchange Business – via Coingape
Tech Bureau, the original operator of Zaif, a cryptocurrency exchange has decided to shut down its business, once it completes the refund for all customers. This operation marks the first case of a virtual currency exchange registrar returning from registration and closing its business.

2 months ago

Bitcoin Price Prediction: Final Corrective Wave For BTC/USD – via beincrypto
On August 20, 2019, the Bitcoin price reached a high of $10,993. A gradual decrease followed and the cryptocurrency market leader made a lower high of $10,892 on the next day. A rapid decrease ensued and the BTC price decreased by more than seven percent in roughly seven hours. Since then, it has been gradually decreasing.

2 months ago

Litecoin Price Analysis: LTC Post-Halving Dumping Intensifies; What Went Wrong? – via Coingape
Litecoin among other cryptocurrencies is courageously drilling the rabbit hole. This follows the reject from the levels slightly above $100 (immediately after the 2019 reward halving). The mining reward as a rule in Litecoin’s blockchain code occurring every four years. If history was anything to go by, past halving saw Litecoin double in value. However, several weeks following the most recent halving and Litecoin is dumping instead of pumping. It is hard to understand the dynamics of the halving events, therefore, let us stick to what we know best, chart analysis.

2 months ago

Bitcoin Is Now Correlated with Gold and Stocks: Digital Asset Data Report – via U.TODAY
According to a new report released by crypto-related analytical firm Digital Asset Data, there is a growing correlation between Bitcoin and traditional assets, such as gold and stocks. Hence, it validates the narrative that the cryptocurrency that started it all has joined the ranks of hedge assets.

2 months ago

Binance CEO Criticizes Ethereum Co-Founder Over Blockchain Scalability – via beincrypto
CZ, the CEO of Binance, has taken aim at Vitalik Buterin’s suggestion that the speed and capacity of blockchains is still an unsolved problem. According to him, this issue has been resolved by newer blockchains. Buterin and CZ have gotten into a spat on Twitter over how much progress the blockchain space has actually made.

2 months ago

‘Power to the People’: Privacy Was the Rallying Cry of Berlin’s Web3 Summit – via Coindesk
It may seem trivial in some cases, but digital anonymity is no joking matter to American whistleblower and privacy advocate Edward Snowden. “We need someone to be able to post something truly idiotic on the internet and not have it haunt them for the rest of their lives,” he said through a webcam to a crowd of roughly 1,000 at the Web3 Summit in Berlin. “To be able to engage in private trade is one of the basic human freedoms,” Snowden said during his Tuesday keynote. “On the internet today you can’t do that without incredible technological familiarity.”

2 months ago

UK NGO Implements Blockchain to Provide Banking Services to Sierra Leone – via Coingape
UK-based Technology Charity Organization, Kiva, is implementing blockchain to create an online ID database in the African Country of Sierra Leone. The move will ease the process of providing loans and banking aid to its population. Reportedly, Schan Duff, Vice President of Strategy for Kiva with Sierra Leone President, Julius Maada Bio, established the system in the capital free-town on Wednesday. Kiva provides for loans as small as $25. Nevertheless, it creates a huge impact on these nations.

2 months ago

Here’s What You Need to Know About Binance’s Next IEO, Perlin – via beincrypto
Binance’s next IEO, Perlin (PERL), will go live in 3 days. Here’s what you need to know about this new launch. From Harmony to Matic, Binance’s IEO has been a kickstarter for many promising cryptocurrencies this year. Participation is dependent on BNB holdings and, almost always, the demand exceeds expectations.

2 months ago

SEC Penalizes ICORating for Engaging in Shady Promotional Practices – via beincrypto
The US Securities and Exchange Commission (SEC) announced Tuesday that it has penalized ICORating for failing to disclose it was shilling cryptocurrency projects in exchange for money. The Russia-based analytics firm has agreed to settle the charges by paying $268,998 in fines, although it didn’t admit to (or deny) any wrongdoing.

2 months ago

White House Advisory Says Cryptocurrencies Used for Fentanyl Purchases – via Coindesk
The White House issued two advisories on drug purchases in the U.S. Wednesday, using the communications to make specific references to the role of cryptocurrencies in such transactions. The advisories, addressed to both financial institutions and digital payment platforms, state that “convertible virtual currencies,” particularly bitcoin, bitcoin cash, ethereum and monero, can be and have been used for illicit substance purchases on the clear, deep, and dark nets.

2 months ago

Blockstream CSO Accused of Hypocrisy Over Investment in Ethereum-Based Token IPO – via beincrypto
The Chief Security Officer at Blockstream has come under fire for backing INX’s security token sale issued on the Ethereum blockchain. Samson Mow has been accused of hypocrisy after previously calling out Ethereum’s impracticalities. The editor of The Block cryptocurrency news publication, Mike Dudas, provided evidence of Mow’s investment in the INX trading platform project via Twitter earlier today.

2 months ago

Belgium Watchdog Extends List of Scam Crypto Companies – via NEWSBTC
Belgium’s Financial Services Authority (FSMA) has added new warnings to its list of firms thought to be involved with crypto-related fraud. The financial watchdog has now alerted the nation’s investing public to a total of 121 different scam cryptocurrency-focused investment prospects since it started listing them in early 2018. The FMSA is one of the few global authorities to maintain such a list. Last year alone incidents of crypto-related fraud are thought to have accounted for well over 4.5 million euros in lost funds.

2 months ago

23 Texan Towns Hit By Coordinated Ransomware Attack – via beincrypto
The computer systems of 23 Texan towns have been hacked via a ransomware attack which seems to be an organized assault. As for now, it is unclear who the culprits are. Ransomware attacks are exploding this year and a large number of Texan towns are struggling with an attack which may be the largest coordinated assault yet.

2 months ago

Kraken’s Head of OTC Sales believes Bitcoin’s high price acts as marketing tool for cryptocurrencies – via AMBCRYPTO
Kraken, a San Fransisco-based cryptocurrency exchange, has been operating since 2013, making headlines consistently for its donations, funding, and issues with its site and API. OTC Head at Kraken, Nelson Minier, recently shared his journey into the cryptoverse, while also discussing the many developments in the Kraken ecosystem, in a recent podcast. Minier stated that the volatile nature of cryptocurrencies and their prices drew him into the world of cryptocurrencies. He cited the case of Bitcoin’s price surging by 10% in one instance, as an example of what caught his attention.

2 months ago

Max’s Corner: Regulators Crank The Heat Up – via Cryptodaily
In this edition of Max’s Corner, Max addresses the recent regulatory changes that have been shaking things up across the industry. During the Libra hearings in Congress and the US Senate last month one thing that was often brought up by crypto skeptical lawmakers was the use of cryptocurrency to facilitate illicit activity. The argument goes that there is no reason for a law-abiding citizen to use cryptocurrency. Law abiding citizens have nothing to hide so anyone seeking to protect themselves or their financial information must have an ulterior, sinister motive for doing so.

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 other crypto enthusiasts.

Leave a Reply