Day: April 17, 2019

US District Attorney Indicts Three for Laundering Millions With Bitcoin

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The Manhattan district attorney has indicted a group of individuals with allegedly selling drugs and laundering millions of dollars with bitcoin (BTC). The development was announced in a press release published on April 16. Manhattan District Attorney Cyrus R. Vance, Jr., the United States Secret Service, the U.S. Postal Inspection Service (USPIS), and U.S. Homeland Security Investigations (HSI) have indicted Chester Anderson and his criminal accomplices Jarrette Codd and Ronald Maccarty. The defendants allegedly operated stores on the dark web that sold and shipped “hundreds of thousands” of tablets of…

Binance Responds to Notre Dame Tragedy by Launching Crypto Donation Channel

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Major global crypto exchange Binance has launched a crypto donation program to support the reconstruction of the Notre Dame cathedral, the firm tweeted on April 16. Binance has initiated a donation program “Rebuild Notre-Dame,” calling the crypto community to support their campaign to restore the medieval cathedral that suffered “colossal damages” from a major fire that nearly destroyed the landmark on April 15. In the post accompanying the new crypto-fundraising channel, Binance stated that the recent event was a “great moment of loss for culture, arts, and history shared by…

New $50 Million Blockchain VC Fund Partners With HTC

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An executive at electronics giant HTC is leading a new $50 million blockchain-focused venture capital fund, Proof of Capital, that includes a partnership with the firm, TechCrunch reports on April 17. The new blockchain fund is reportedly held in fiat currency and focused on “regular VC deals, as opposed to token-based investments.” The fund will reportedly mainly target early stage blockchain firms in fintech, as well as the consumer sphere of blockchain ecosystem. According to the firm’s LinkedIn profile, the San Francisco-based fund will have a particular focus on Asian…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 17

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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. Bitcoin’s dominance has increased from just below 50% in early-April to 52.3%. This suggests that the focus is back on Bitcoin after the initial rally by the altcoins from the lows. As long as the leader stays strong, the recovery is on track. While…

Bitcoin Approaches $5,250, US Stocks Slightly Down

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Wednesday, April 17 — most of the top 20 cryptocurrencies are reporting discreet gains on the day by press time, as bitcoin (BTC) approaches the $5,250 mark. Market visualization courtesy of Coin360 Bitcoin is up over two percent on the day, trading at around $5,242 by press time, according to CoinMarketCap. Looking at its weekly chart, the current price is also about 1% lower than the price at which bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Ethereum (ETH) is holding onto its position as the largest altcoin…

EY Makes Privacy Enhanced Ethereum Tech Public Domain

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: In four-to-six weeks, a blockchain product developed by Ernst & Young (EY), one of the “big four” professional services organizations, will be made public domain (open source). Privacy…

Lack Of Standard Terms for Crypto Hampers Global Regulatory Response

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The lack of standard global terminology for crypto assets is a major impediment for the adoption of clear regulatory policies in the industry, according to a study by the Cambridge Centre for Alternative Finance (CCAF) released on April 16. According to the report, a variety of major terms in the crypto industry is often used interchangeably and without a clear definition, which hampers global regulatory response. Conducted with support from the Nomura Research Institute (NRI), the research provides a detailed analysis of the regulatory landscape on crypto asset activities in…

Litecoin Price Running Out of Gas After Meteoric Rally: Crypto Analyst

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: The litecoin price has been one of the cryptocurrency market’s top performers in 2019, climbing a ridiculous 162 percent since the new year. Among large-cap cryptoassets, only binance…

Strong Evidence Suggests a Single Entity Mined More Than 1 Million Bitcoin

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On April 16, RSK Labs chief scientist Sergio Demián Lerner published a new research study concerning the earliest blocks mined on the Bitcoin network. The report concerning one of Bitcoin’s earliest miners provides strong evidence to suggest that a single miner processed 22,000 blocks. Additionally, Lerner has released a new website called Satoshi Blocks that aims to help crypto enthusiasts visualize mining during the protocol’s earliest days. Also read: Are You Ready for What Happens If Satoshi’s Coins Move? New Data Stemming from Bitcoin’s Earliest Miners Hardens Prior Evidence Years…

Exchange Gate.io Sees Almost $3 Billion in Orders in First Week Of IEO for Native Token

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Chinese cryptocurrency exchange Gate.io saw almost $3 billion worth of orders placed during the first phase of its in-house token sale, the company confirmed in a blog post on April 14. Gate, which offers cryptocurrency-only trading, is currently raising funds to support its projects through the issuance of Gatechain Tokens (GT), which users will ultimately be able to use for trading fee payments. The tokens do not yet exist, the exchange currently offering so-called “Gate.io POINTs” in the ongoing sale, which will be exchangeable for GT at a maximum rate…