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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Bithumb Hacked for $31.5 Million, Withdrawals and Deposits Frozen
South Korean Exchange Bithumb confirmed that it temporarily stopped all deposit and withdrawal services subsequent to a large-scale hack.
World's Sixth Largest Crypto Exchange by Trade Volume Bithumb Hacked
Hackers have stolen cryptocurrencies worth $30 million from South Korea's leading virtual currency exchange Bithumb, Cointelegraph Japan reported June 19.
CBOE Global Markets President: ICO Market to Face a 'Regulatory Reckoning'
CBOE Global Markets President Chris Concannon has claimed that the initial coin offering market could soon face a two-fold regulatory "Reckoning," Business Insider reports June 19.According to Concannon, the reckoning will come in two waves.
Freedom of Press Foundation Receives 1000 ETH First Day of Accepting Donations
Since inception, blockchain technology enables users worldwide the ability to access previously restricted services and information.
Crypto Exchange Bithumb Halts Services Amid $31 Million Hack
Bithumb, one of the largest cryptocurrency exchange in South Korea by trading volume, is halting asset deposit and withdrawal services after a hack that has stolen 35 billion won worth of cryptos from the platform.
TRON Token Migration Notice
The TRON token migration is set to launch on June 21st, 2018.
CEO of BBVA Bank: Blockchain 'Is Immature and Has Major Challenges'
Carlos Torres, CEO of Spanish bank BBVA, said blockchain technology is "Not mature" and faces major challenges, el Economista reported June 18.Torres expressed his concerns about blockchain's current limitations at an event organized by the Spanish Association for Economic Journalism which focused on the prospects of the technology.
$800 Million ICON's Token Swap Is Launching Within 24 Hours
The countdown has begun for smart contracts protocol ICON's June 20 token swap.
John McAfee Will No Longer Promote ICOs, Cites 'SEC Threats'
Anti-virus pioneer and crypto evangelist John McAfee tweeted that he will no longer work with initial coin offerings or promote them due to "Threats" from the U.S. Securities and Exchange Commission.
Blockchain Platform to Challenge App Stores With 'Borderless Payments'
A new platform is going to allow anyone to establish their own eCommerce content store and receive payments from anywhere in the world - reducing costs for their consumers and opening the door to fast-growing emerging markets.
Tron Bought BitTorrent And Crypto Won't Stop Talking
First leaked last week, more details emerged Tuesday on how Justin Sun, the founder of a controversial cryptocurrency project called Tron, is acquiring the file-sharing service BitTorrent for as much as $140 million.
IBM Launches Blockchain-Powered Media Transactions Tracker to Prevent Advertising Fraud
IBM iX has partnered with software supplier Mediaocean to launch a blockchain-powered tracker for digital media transactions, the company tweeted June 19.
Bitcoin Is 'Not For Me' Says Goldman Sachs CEO
For Lloyd Blankfein, bitcoin just isn't his thing.
BitTorrent Has 'No Plans to Change' After $120 Million Tron Acquisition
Peer-to-peer file sharing service BitTorrent seemingly pushed back against claims it would begin using cryptocurrencies after being acquired by the Tron Foundation.
Driving Blockchain Forward: Automotive Advances With Blockchain Technology
This is just one application of blockchain technology in the automotive industry.
The World's Largest Brewer Is Using Ethereum to Track Ad Data
Brewing giant Anheuser-Busch InBev is aiming to shake up digital advertising supply chains with the help of blockchain technology.
Cointelegraph Launches Aggregator Platform for DApp Discovery, Analysis
Tuesday, June 19, Cointelegraph is announcing the launch of an aggregator for decentralized applications, DApphub, for easy discovery and analysis of the growing number of DApps in existence.
Crypto Startup Circle Reveals How It Chooses New Token Listings
Blockchain startup Circle has released new details about how it will select cryptocurrencies for its trading and investment platforms.
Cambodian Regulators Say Dealing in Crypto Without License Is Illegal
"Competent authorities clarify that the propagation, circulation, buying, selling, trading and settlement of Crypto Currencies [sic] without obtaining license from competent authorities are illegal activities."
Malaysian Gov't Committee Partners With Korean Lab to Develop Sharia-Compliant Blockchain
South Korean blockchain lab IncuBlock has signed a Memorandum of Understanding with a Malaysian government advisory committee for blockchain tech development permissible under Sharia law, local news outlet IT World reported yesterday, June 18.Blockchain tech has previously been used in terms of tracking halal foods, as UK-based HALAL TRAIL has begun using blockchain to track livestock and fresh food from farm to table through the halal food chain.
John McAfee Won't Promote ICOs Anymore Because of 'SEC Threats'
John McAfee, the cybersecurity tycoon-turned-cryptocurrency backer said Tuesday that he will end his work on initial coin offerings.
Self-Advertised as Turkey's 'National Cryptocurrency,' Turcoin Outed as Ponzi Scheme
Turcoin, advertised by its creators as Turkey's "National" cryptocurrency, has been outed as a ponzi scheme, Hürriyet Daily News reports Monday, June 18.Muhammed Satıroğlu, a major shareholder of the company that launched the coin has told the media it "Doesn't have a single dollar in the bank."
France Opens 'First' Blockchain Accelerator in Europe With 30 Participants
France became host to Europe's first blockchain accelerator as Paris moves to become the "Capital of ICOs," Finance Magnates reports Monday, June 18.Chain Accelerator, a joint scheme involving around thirty cryptocurrency and finance entities and professionals, aims to offer mentoring to international blockchain startups.
Tron Price Spikes After Blockchain Founder Acquires BitTorrent
The cryptocurrency seemingly picked up a bid after reports started doing the rounds that Tron Foundation founder Justin Sun acquired BitTorrent - the owner of popular file-sharing client uTorrent - for $140 million.
South Korea Makes Advances in Cryptocurrency Regulation
On June 8, the South Korean Policy Advisory Council met to develop a regulatory framework for national cryptocurrency exchanges.
IBM, Mediaocean Partner to Tackle Ad Industry Opacity with Blockchain
IBM iX - Big Blue's digital strategy arm - and ad software provider Mediaocean are teaming up to form a blockchain consortium aimed to solve some of the biggest issues in the advertising world.
EOS Block Producers Freeze User Funds to Prevent Theft, Resulting in Twitter Backlash
EOS has frozen seven accounts compromised by the registration process through phishing scams, according to a Steemit post by EOS42, an EOS block producer candidate.
Blockchain Sports Betting App to Predict Outcome of World Cup Matches
A blockchain-based application that helps sports fans receive "Reliable and transparent" betting advice has launched its main platform - only a couple of days after the football World Cup kicked off in Russia.
Regulated Cryptocurrency Custody in the Works, Leading Institutional Investors to Crypto
Coinbase - the second largest company in the cryptocurrency market behind $12 billion giant, Bitmain - is working with third-party custodians and hedge funds to bring institutional investors into the cryptocurrency market.
Freedom of Press Foundation Starts Accepting Crypto, Sees $550K Donation on First Day
Nonprofit organization the Freedom of the Press Foundation began accepting cryptocurrency donations June 18, opening its doors to Bitcoin and four altcoins.