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Crypto news

Breaking news headlines about Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and blockchain technology.

Crypto news

Blockchain - New patent for Alibaba in Domain Name Management

Blockchain - New patent for Alibaba in Domain Name Management

08:51 am 2019-08-16

Alibaba, the online trading giant, continues its invention and study on emerging Blockchain technology by increasing the number of its patents in the field. The Chinese online retail giant Alibaba has applied for a US patent entitled "Domain Name Management System for Cross-Interactions in Block Chain Systems". Alibaba submitted its latest request on Thursday, August 15, continuing a request filed in November 2018. According to the filing, Alibaba intends to patent a system that uses what they call the “Unified Blockchain Domain Name” (UBCDN) to signify and exchange information. In the system, Alibaba suggested using a…

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Bitcoin Mining in Malaysia steals electricity worth $ 25 million

Bitcoin Mining in Malaysia steals electricity worth $ 25 million

02:31 pm 2019-08-15

Malaysian energy utilities company Tenaga Nasional Bhd (TNB) has tightened measures in an attempt to stop millions who have been lost due to electricity theft by Bitcoin Mining (BTC). According to a recent report released Thursday, August 15, by EdgeProp, tampered electricity distribution panels used in local BTC mining operations have cost RM10 million ($ 25.3 million) as of June 2019. There were 437 mining-related energy thefts on the peninsula of Malaysia during this time period, 370 of which were recorded in Selangor. TNB is the only electricity utility company on the peninsula of Malaysia and…

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Blockchain used in improving electric vehicle charging systems

Blockchain used in improving electric vehicle charging systems

02:22 pm 2019-08-15

Researchers at the University of Waterloo in Canada have used Blockchain technology to improve confidence in electric vehicle charging systems (EV), the academic publication portal EurekAlert reported Wednesday (August 14th). This development may further absorb and expand the overall charging infrastructure for electric vehicles. In general, the EV shipping service provider will look for property owners to set up and install shipping points. Electric car owners can use these fees for a fee, which is shared between the equipment supplier and the landlord. The supplier operates the device, so the landlord must trust him to compensate to some…

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​Crypto Trading Coinbase is facing a new siege of Santander Bank

​Crypto Trading Coinbase is facing a new siege of Santander Bank

09:30 am 2019-08-15

One source claimed that the Crypto Trading Coinbase would not be able to deposit their paper money in the large Spanish bank Santander. An unverified source, in a post on Reddit, said on Wednesday, August 14, that he was informed of the development over the phone, by a representative of Santander. The source claimed that after being notified by telephone, they filed a complaint with the Bank's Complaints Unit, which then confirmed that the customer must move to an alternative bank if you wish to make a payment. The Complaints Unit has reportedly revealed that this restriction…

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Blockchain - Healthcare company settles its own ICO fees

Blockchain - Healthcare company settles its own ICO fees

04:21 pm 2019-08-14

The healthcare company focused on Blockchain technology has settled fees with the US Securities and Exchange Commission (SEC) for the 2017 ICO project. On Monday, August 12, the Securities and Exchange Commission (SEC) clarified that New England-based Blockchain SimplyVital Health technology raised about $ 6.3 million from ETH through a pre-sale of HLTH codes to fund an "eco-system for a series of healthcare related squares." "Is called Health Nexus. Advance sale was significantly under a simple future code arrangement agreement (SAFTs) - a model that is supposed to be designed to simplify the ICO process and minimize…

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Blockchain Shinhan Bank solution to develop security problems

Blockchain Shinhan Bank solution to develop security problems

11:37 am 2019-08-14

South Korea's Shinhan Bank has entered into a new partnership to develop a security solution based on emerging blockchain technology with two other companies. According to a report published on Wednesday, August 14, by local news outlet TheKoreaTimes, Shinhan Bank, South Korea's oldest bank, signed a memorandum of understanding with financial technology start-up company Ground X and developer of block chain Hexlant technology to develop a block chain security system. According to the report, the deal will see the organization's partners participate in the development of its private key management system for its banking services. Ground…

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Crypto Trading BitMEX for derivatives receives a complaint

Crypto Trading BitMEX for derivatives receives a complaint

09:05 am 2019-08-14

The UK Advertising Standards Authority (ASA) has upheld its complaint against Bitcoin's announcement from the Crypto Trading BitMEX derivatives exchange. According to the ASA announcement of August 14, Wednesday, the regulator faced a problem with the alleged misleading nature of charts showing the price of Bitcoin (BTC) performance in a newspaper in January this year. As the ASA chart illustrates, the ad in question consists of multiple spreads for the logarithmic graph showing the value of Bitcoin against the US dollar over the past decade. Besides the chart, the BitMEX announcement included two texts: the first,…

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​Bitcoin reaches the highest trading price in Hong Kong

​Bitcoin reaches the highest trading price in Hong Kong

08:25 am 2019-08-14

Bitcoin (BTC), started trading at a higher price in Hong Kong, as continued political uncertainty has led to an increase in demand on a large scale. Data from P2P Bitcoin exchange LocalBitcoins showed that traders pay around $ 300 per currency, which is more than anywhere else, on Wednesday, August 14, which translates into a premium of about 2%. HONG KONG - Hong Kong is the latest jurisdiction to see investors raise the implied US dollar price of the cryptocurrency market, with Argentina in a similar position this week. As reported by news sites interested in…

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Bitcoin stolen from Binance appear through Chipmixer

Bitcoin stolen from Binance appear through Chipmixer

04:55 pm 2019-08-08

At least 4,836 Bitcoin (BTC) stolen from the Binance cryptocurrency exchange were washed last May this year, through the Chipmixer mixing service. After a major security breach on the cryptocurrency exchange Binance, which led to a loss of 7,000 BTC (more than $ 80 million at press time), hackers began to launder stolen money on June 12, 2019, according to research published by Luxembourg-based crypto capital flow firm Clain. As Clain noted in the study, it was very easy to follow the steps of the attackers as it was "virtually impossible to wash large amounts of

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Cryptocurrency - Galaxy Galaxy is funding a new digital lending project

Cryptocurrency - Galaxy Galaxy is funding a new digital lending project

02:33 pm 2019-08-08

Digital lender DrawBridge Lending (DBL) has announced that it has received funding from CryptocurrencyGalaxy Galaxy, a press release said Thursday, August 8. DrawBridge, in a press release published on Thursday, said it had received funding from Galaxy Digital, further enhancing DBL's lending and investment capabilities in digital currency. In addition, it was reported that the two companies jointly plan to develop a co-branded special-purpose financing facility to provide structured financing against the Cryptocurrency that is occupied in institutions. Michael Novogratz, CEO and Founder of Galaxy Digital, commented on the development: “The process of institutionalizing digital…

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