News by results: Cryptocurrency

Hyundai’s Blockchain Arm to Set Up $10M Fund for Mainnet Launch: Report

Hdac Technology, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group, plans to set up a $10 million blockchain investment fund in 2019.

Youtube Star Thinks Bitcoin is the “Most Important Investment”

While readers might not have heard of Michelle Phan, Bitcoin adoption may be dramatically boosted by this one social media star.

Vyacheslav Kunev: Regulators will not allow the cryptocurrency capitalisation to exceed $ 1 trillion

How is the blockchain industry developing in Moldova and why are regulators disapprove corporate private money? These and other questions were discussed in an exclusive interview for LetKnow.News with Vyacheslav Kunev, the President of the Blockchain Association of Moldova and member of the Economic Council under the President.

Poll Finds Chinese Crypto Investors Bullish on BTC

Over 30 percent of Chinese cryptocurrency investors polled predicted that the bitcoin price will surpass $30,000 over the next 12 months, according to a recent survey conducted by local crypto financing company BabelFinance.

Bitmain Brand Co-Opted by ‘MangoCoin’ in Cloud Miner Sale

MangoCoin (MGC), a little-known cryptocurrency, has fraudulently used the Bitmain brand in the sale of the so-called “Bitmain Cloud Miner”, according to a blog post by the cryptocurrency mining tech giant.

New global cryptocurrency system set to fight money laundering

A number of countries have plans to create a new system to collect and share personal data on individuals who conduct cryptocurrency transactions. The goal is to prevent funds from being laundered, going to terrorist organizations or otherwise being put to illicit use.

Japanese Crypto Exchange Bitpoint Restarting Trade Services

Japanese crypto exchange Bitpoint is resuming some trading services following a $28 million hack in mid-July.

Top 4 European Countries Ranked by Cryptocurrency Adoption

When it comes to determining the popularity of cryptocurrencies in Europe, it seems things are not looking all that great. For some reason, the continent has not seen much cryptocurrency-related activity, although things are not as dire as one might think.

MIT Fellow Says Facebook ‘Lifted’ His Ideas for Libra Cryptocurrency

Avid students of the literature on monetary innovation might feel deja vu when reading Facebook’s Libra white paper.

7 CEOs on the Future of Bitcoin

Many people have strong opinions on Bitcoin, but does anyone really know where the digital currency is going? At Fortune's recent Brainstorm Finance conference, we put the question "What's the future of Bitcoin?" to seven CEOs—and one COO.

Kleiman v. Wright Case Update: Man From Belgium Tells Judge He Is Satoshi

A new person has stepped forward and claimed to be Satoshi Nakomoto, the pseudonymous creator of Bitcoin (BTC). Debo Jurgen Etienne Guido made his claim in a letter filed with a federal courthouse in Florida on July 22.

BlackRock CEO: We Don’t Need Libra, We Need Technology

CEO of the world’s largest exchange-traded fund provider BlackRock claimed that he does not consider Facebook’s Libra a cryptocurrency.

Why Tether is dangerous for crypto market

Stablecoin Tether is one of the main channels for converting fiat money into cryptocurrency. The recent erroneous emission of 5 billion USDT has once again reminded that the centralisation of projects can seriously harm the entire crypto industry.

Expert: Tether is like another printing press from a central bank

Stablecoin Tether may be printed to infinity, since the coin is not secured by anything. That’s what Alpari analyst Maxim Parkhomenko told LetKnow.News.

Mnuchin: US has ‘very serious concerns’ that Facebook’s Libra could be misused by terrorists

Treasury Secretary Steven Mnuchin has concerns about Facebook’s proposed cryptocurrency and its potential illicit use.

MyDashWallet Was Compromised For 2 Months — Users, Move Your Cryptocurrency

MyDashWallet, a service that purports to be the fastest way of using DASH cryptocurrency, has revealed its platform was compromised for two whole months, and is now urging users to move their funds as soon as possible (if they’re still there).

India: Leaked Draft Bill Would Ban All Crypto Except ‘Digital Rupee’

Draft legislation that would allegedly impose a ban on the use of cryptocurrencies in India is being circulated by local blockchain legal experts on social media.

“Stable” bitcoin: what influences the exchange rate of the prime cryptocurrency

The Bitcoin exchange rate has recently demonstrated a rapid growth, after which, as a rule, a correction occurs. However, it is not known how large-scale it will be and what to expect from the crypto market in the future.

'Bitcoin is a gambling instrument for Chinese, Koreans and Japanese'

Cryptocurrency will not be recognized as a legal currency due to its high volatility, with only a handful of exchange operators standing to gain, a noted global economist and financial market expert said Thursday.

India to Educate High-Ranking Police Officers on Cryptocurrency

India’s national police academy has launched a cryptocurrency course for high-ranking officers of the Indian Police Service. Among the objectives of the course are the functioning and legal aspects of cryptocurrencies, as well as investigations of cases involving digital coins. The Indian police continue to regularly uncover crypto-related schemes as the government deliberates on the regulatory framework for cryptocurrency.