Monthly Archives: May 2019

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Bitcoin SV, Stellar, Cardano: Price Analysis May 31

Most major cryptocurrencies have pulled back. Can they spring back up or will they spend some time in a range? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Michael Novogratz, founder and CEO of cryptocurrency merchant bank Galaxy Digital, believes that the adoption of the blockchain technology by mainstream […]

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10 People Who Might Be Satoshi Nakamoto

We are all Satoshi Nakamoto, but some of us are more Satoshi than others. The following 10 characters have all been flagged as Bitcoin’s elusive creator on account of similarities with the digital man of mystery. Whether one of these characters is Satoshi himself is a matter for you to decide. Also read: Facebook Globalcoin: Killer or Multiplier? Vili Lehdonvirta Pros: The Finnish professor is one of the first people to be suggested as Satoshi, in a 2011 New Yorker article. Due to the lack of fevered […]

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Australian Government Publishes Update on Cryptocurrency and ICO Rules

The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs). In this guideline, the financial regulator outlines requirements that need to be followed for cryptocurrency businesses to be compliant with the ASIC Act. This update is noteworthy as the country continues to battle crypto scams, losing almost $4.3 million in 2018. Going forward, companies issuing crypto assets deemed to be financial products will be required by law to procure an Australian Financial Services […]

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Man Sentenced for Illegal Money Transmission Services on LocalBitcoins

U.S. citizen Morgan Rockcoons has been sentenced to fines and prison time for running unlicensed money exchange services on LocalBitcoins. Advertising himself on the peer-to-peer bitcoin trading network, Rockcoons made more than 1,000 transactions with hundreds of different users. The U.S. Department of Justice (DoJ) pursued him on charges of not registering his business with the Financial Crimes Enforcement Network (FinCEN). Rockcoons’ sentencing marks the end of a somewhat protracted legal battle, following his arrest in February 2018. Rockcoons attempted to sell 10 BTC to an undercover […]

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Big Four Auditing Firm EY Open Sources its Ethereum Private Transaction Solution

Big four auditing firm Ernst & Young open sourced the code of its Nightfall Ethereum private transactions solution. Big four auditing firm Ernst & Young (EY) open sourced the code of its Nightfall Ethereum (ETH) private transactions solution and released it on GitHub on May 31. The readme information file featured on the GitHub repository explains the function of the software in question: “Nightfall integrates a set of smart contracts and microservices, and the ZoKrates zk-snark toolkit, to enable standard ERC-20 and ERC-721 tokens to be transacted […]

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Bitwise Calls Out to SEC: 95% of Bitcoin Trade Volume Is Fake, Real Market Is Organized

The size of the legitimate BTC trade volume is just as large as the bitcoin futures market, Bitwise tells the SEC. At the 1997 edition of the annual Worldwide Developers Conference — an event put together by iPhone-maker Apple Inc. to communicate directly with its community of developers and users — a participant asked founder and then-CEO Steve Jobs the following question: “What do we do about the press? Wall Street Journal reporters get up in the morning, sell Apple short and then go write stories about […]

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Bitcoin and Top Altcoins See Losses as US Stock Market Sees Slight Uptrend

Most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time. Friday, May 31 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) still holds over the $8,300 mark, with minor gains on the day. Market visualization courtesy of Coin360 Bitcoin is nearly 5% down on the day, trading at $8,320 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up over 3.7%. Bitcoin 7-day price […]

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Bitcoin Blender Cryptocurrency Mixing Service Shuts Itself Down

Cryptocurrency mixing service Bitcoin Blender has willingly shut down after issuing a short notice asking its users to withdraw their funds. Cryptocurrency mixing service Bitcoin Blender has reportedly willingly shut down after issuing a short notice asking its users to withdraw their funds, tech news outlet BleepingComputer reports on May 30. Per the report, the message describing the service that appeared on the homepage of the website present both on the Tor network (often referred to as the darknet, dark web or deep web) and on clearnet […]

More info Confirms In-Wallet Paxos Stablecoin Trading Rollout for June 3

Next week’s mobile wallet trading will mark the return of a fifth cryptocurrency to the company’s wallet. Cryptocurrency data aggregator and wallet provider will launch trading of its fifth coin, paxos standard token (PAX), on Monday, the company told industry news outlet CoinDesk on May 31. Paxos is a United States dollar-pegged stablecoin, and its addition will be a first for in the stablecoin space. Blockchain currently supports four cryptocurrencies: bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH) and stellar (XLM), having removed its limited bitcoin […]

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Russia: Raiffeisen Bank Introduces Blockchain Platform for Corporate Settlements

Raiffeisenbank, a Russian subsidiary of Austria’s Raiffeisen Bank International, developed a blockchain platform for settlements by holding firms. Raiffeisenbank, a Russian subsidiary of Austria’s Raiffeisen Bank International (RBI), has developed a corporate blockchain platform, the bank announced in a press release on May 31. Targeting holding firms, the new blockchain platform claims to automate settlements by corporate clients and enable a trusted network for sharing data between a group of companies, the press release notes. Specifically, the product reportedly automates the process of supply settlements between buyers […]

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