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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
New York AG Finds It 'Perverse' For Bitfinex and Tether to Criticize Investigation
In a filing with the New York State Supreme Court's Appellate Division, New York Attorney General Letitia James roundly criticized the efforts of Bitfinex and Tether to halt her office's investigation into the companies.
Blockchain Pilot Makes Waves in Russia's Energy Sector
Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector.
Bitcoin longs hit record high on Bitfinex, long squeeze incoming?
The number of Bitcoin long contracts on margin trading platform Bitfinex has exploded in December to reach the highest level in years, far exceeding the levels of BTC's late 2017 bull market.
Highest in 2 Years: 65% of Bitcoin Hash Power Is in China, Report Finds
Skeptics like economist Nouriel Roubin often claim there is a massive centralization of power among miners and the blockchain is not even close to decentralization and democracy.
Stellar Tried to Give Away 2B XLM Tokens on Keybase. Then the Spammers Came
Spammers started showing up on Keybase as soon as Stellar announced a giant airdrop on the encryption app.
75% of IoT Firms Want to Add Blockchain: Survey
While there are still few large-scale use cases of blockchain, the Internet of Things industry turns out to be "a sweet spot" for the adoption of such technologies.
Bitcoin Miner Canaan's Shares Plunge 40% Since IPO in November
Chinese Bitcoin mining giant Canaan Creative's depositary shares have seen a 40 percent drop in value since November initial public offering.
QuadrigaCX Victims Request Proof of Gerald Cotten's Death By Exhuming Body
Canadian law firm Miller Thomson has made a request to the Royal Canadian Mounted Police to conduct an exhumation and post-mortem autopsy on the body of Gerald Cotten, the deceased owner of the now-defunct Canadian crypto exchange QuadrigaCX.On Dec. 13, the Miller Thomson lawyers explained in a letter to the RCMP that the request to exhume and examine Cotten's body was appropriate given the "Questionable circumstances surrounding Mr. Cotten's death and the significant losses" sustained by users of the cryptocurrency exchange.
Ripple-Based Remittance Firm SendFriend Claims to Save Up to 80% in Fees
Blockchain-based money transfer startup SendFriend utilizes Ripple's technology to save up to 80% in remittance fees, according to a blog post published on Dec. 12.SendFriend uses Ripple's xRapid product for cross-border payments, converting between the United States dollar, XRP and Philippine pesos and circumventing the longer process of traditional banking systems.
Cardano will be joining Microsoft, LinkedIn, and Norwegian Airlines as McCann's client
The Cardano Foundation announced that it has appointed McCann Dublin, the Ireland-based hand of the global advertising agency, as its brand strategy and design agency.
Can 'Dogfooding' Altcoins Find Real Users in 2020?
Which raises the question: If companies are giving tokens away, do they have a legitimate business with organic demand? So far, it appears there's more supply than take-up for many altcoins.
German Bank Launches Digital Assets Unit to Offer Custody Products
German bank solarisBank is jumping into the crypto custody space.
Russian Drugs and The Most Illegal ICO Ever?
With bitcoin recovering after four straight days of decline we're talking about what may be the most illegal ICO ever, tokens for Mongolian taxi fares, Bitmain's Texas hedge and one "Suicidal" startups surprising success....Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad Keoun run down recent action, track interesting longer-term trends, and highlight the best "Thinking with tokens" and some of the most important crypto industry developments of the day.
'Request for Exhumation': QuadrigaCX Creditors Ask for Proof That Cotten Is Dead
Gerald Cotten, late CEO of QuadrigaCX, circa 2015, image via Decentral.
It's Time to Walk-the-Talk on Decentralized Governance
In 2019, governance proved essential to moving decentralized communities forward.
Bitcoin App Bottle Pay Shuts Down Over Impending EU Money-Laundering Laws
The bitcoin payments startup Bottle Pay shut down on Friday, citing the AMLD5 European Union regulation coming into effect Jan. 10, 2020.The Bottle Pay app once allowed users to send tiny amounts of bitcoin using just social media texts and handles, from Twitter to Telegram.
VeChain Foundation Hacked for $6.5M in VET Token Theft
Enterprise blockchain platform VeChain has been hacked, losing 1.1 billion VET tokens worth an estimated $6.53 million, the firm announced Friday.
Silk Road Darknet Marketplace Founder: BTC Will Reach $100,000 in 2020
The price of Bitcoin will skyrocket up to $100,000 in the coming year, according to the founder of infamous darknet marketplace Silk Road. In a series of blog posts on Dec. 10, Ross Ulbricht - the founder of now-defunct anonymous marketplace Silk Road - predicted that BTC's price will reach $100,000 in 2020.
Project Ragnarok: Digix Integrates Dissolution Mechanism for DigixDAO
Gold-backed stablecoin issuer Digix has integrated a dissolution mechanism into its DigixDAO platform, created to fund projects which encourage the growth of the Digix ecosystem.
Libra Updates White Paper, Removes Dividends for Libra Association
The white paper for Facebook's proposed Libra currency has been quietly updated, according to a Dec. 10 article written by Georgetown University law professor, Chris Brummer.
VeChain Loses 1.1B VET Tokens to Hacker in Attack on Buyback Wallet
VeChain Foundation's wallet has been compromised in a hacker attack targeting funds earmarked for the foundation's buyback program.
Sweden's Central Bank to Partner with Accenture to Launch E-Krona
Sweden's central bank is planning plans to create a pilot platform for a digital currency known as the e-krona.
Price Analysis 13/12: BTC, Cryptos Prepare for Possible 'Santa Rally'
If the bulls can scale above this resistance, a rally to the downtrend line is possible.
200K Users 'Already in Line' for Robinhood's Fractional Stock Trading
More than 200,000 Robinhood clients have already expressed their intent to use its new fractional stock trading app announced yesterday.
Bitcoin Price Short-Term Indicators Hinting at $7.4K Weekend Bounce
The price of Bitcoin has headed north over the last 24 hours, up over 1% at $7,272.
The European Central Bank is evaluating the development of a stablecoin
The president of the European Central Bank, Christine Lagarde, pledged to meet the growing demand for stablecoins by getting "Ahead of the curve" in the rapidly evolving economic environment.
Binance Latamex creates a fiat gateway for customers in Latin America
Binance, one of the largest cryptocurrency exchanges in the world, announced the launch of its new fiat gateway for Latin America.
Bitcoin's Best Ally Is Just Time: Pompliano
Anthony "Pomp" Pompliano is one of bitcoin's biggest boosters.
'New Risks': Swiss Government Skeptical on Central Bank Digital Currency
A digital Swiss franc would do more harm than good, according to the nation's government.