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Find the latest, and the most interesting, cryptocurrency news collected from around the net.

US SEC Appoints New Senior Crypto Advisor to Coordinate Digital Asset Regulation
The US Securities and Exchange Commission has announced a new Associate Director of the Division of Corporation Finance and Senior Advisor for Digital Assets and Innovation, creating an entirely new position that will oversee the application of US securities law to the cryptocurrency and digital asset industry.
Nasdaq CEO: Cryptocurrencies Are at 'Height of Hype'
In an interview on Bloomberg Businessweek on June 5, Adena Friedman, president and CEO of Nasdaq Inc., said that cryptocurrencies are at "The height of a hype cycle" and can become a "Financial element of the Internet."
Belgian Gov't Launches Website to Warn Public About Crypto Scams, Risks
Belgian authorities have launched a website to raise awareness of the risks associated with investments in crypto, the FPS Economy announced in a public statement June 5.The FPS noted the sharp spike in interest towards crypto investments, which they said "Causes a lot more people to be scammed." According to the statement, Belgian investors reported the loss of €2.2 mln in crypto scams to the FPS last year.
South Africa's Central Bank Pilots Tokenized Fiat Interbank Payment System
South Africa's Central Bank has successfully piloted a Proof-of-Concept for an interbank payment system that tokenizes fiat using Quorum, according to an SARB press release published June 5th. Quorum is an Ethereum-based private blockchain.
Money20/20: Central Bank Execs Conclude Crypto Is No Threat to Fiat, Yet
Representatives from multiple central banks discussed whether or not cryptocurrency could spell the end of fiat currencies during the Money20/20 conference in Amsterdam today, June 5.During a panel talk titled "Cryptocurrency, the Central Question", representatives from the Swiss National Bank, the Bank of Lithuania, the Bank of England, and the Bank of Canada took turns responding to the question "Can cryptocurrencies spell the end of fiat currencies?".
Judge Reopens Cryptsy Customer Class Action Against Coinbase
A judge in the U.S. District Court for the Southern District of Florida has reopened a case involving cryptocurrency startup Coinbase and the now-defunct exchange service Cryptsy.
Lawmaker Wants New York State to Pilot Local Cryptocurrencies
New York Assemblyman Ron Kim wants cryptocurrencies to help support local communities.
World's Largest Crypto Exchange Binance Invests in Blockchain-Based Esports Platform
The world's largest crypto exchange Binance has made an undisclosed investment into blockchain-based esports voting platform chiliZ, according to a press release published today, June 5.According to the announcement, the Malta-based platform in which Binance is investing is part of Mediarex Group, a global sports and entertainment company.
US: Gov't Telecoms Agency Seeks Feedback on Blockchain for Its International Agenda
A U.S. government telecoms agency reached out for feedback on blockchain policy June 4 as officials forecast "Increasing focus" on the technology in the coming years.
Belgian Government Launches Site to Warn Crypto Investors About Scams
Belgium's government is backing a website that seeks to warn cryptocurrency investors about the signs of potential fraud.
Vietnam's Finance Ministry Proposes Temporary Ban on Crypto Mining Hardware Imports
Vietnam's Ministry of Finance has proposed a temporary blanket ban on crypto mining hardware imports, local news outlet VN Express reports today, June 5.The MoF reportedly raised the proposal on Monday, alleging that crypto mining hardware can be used to launch new digital currencies that are "Very difficult to regulate."
Ripple Lawyers Up With Former Chair of SEC in Legal Battle
Ripple is to be represented by two former Securities and Exchange Commission officials - one a former SEC Chair - in the US cryptocurrency's ongoing private lawsuit.
Samsung Unveils Blockchain Platform to 'Enhance Competitiveness' of Finance Businesses
South Korean electronics giant Samsung is launching its own blockchain platform Nexfinance for finance-related businesses, the company announced in a press release June 4.Samsung SDS, the corporation's IT arm, confirmed the platform would cater to digital finance businesses looking to transform their structures using cutting-edge technology.
U.S. Telecom Agency Wants Blockchain Policy Suggestions
The National Telecommunications and Information Administration, a wing of the U.S. Department of Commerce, wants to help American entrepreneurs use blockchain technologies.
Volkswagen to Partner Blockchain-based Startup for Developing Automotive Applications
Lithuania-based company carVertical, who developed a platform for used car history reports, has been granted a ticket to the Volkswagen Future Mobility Incubator in Dresden, as the company became the winner of a manufacturer's pitch competition, says the official press release.
Getting Into Japanese Market Won't Be Easy For Coinbase
On June 4, Coinbase - one of the largest wallets and cryptocurrency exchanges in the US - revealed its plans to enter the Japanese crypto market.
$1,999: GMO Reveals Details of Its New 7nm Bitcoin Miner
Japanese IT giant GMO Internet has revealed prices and specs for its new-from-the-ground-up bitcoin miner - the world's first based on a 7nm chip.
Magic Number? Chart Data Hints at June 6 Bitcoin Boost
A major reprieve just may be in the offing for the battered bitcoin bulls in the next 36 hours - if, that is, historical patterns repeat themselves.
Enron Prophet Chanos: Bitcoin 'Fraud Cycle' Is 'Speculation Masquerading as Breakthrough'
Hedge fund mogul Jim Chanos claimed Bitcoin was "Masquerading as a technological breakthrough" in a new interview with Bloomberg June 4.
HSBC Exec Warns 'Digital Islands' Could Inhibit Blockchain Trade
When HSBC's Vinay Mendonca thinks about how distributed ledger technology will reshape global trade, he sees two scenarios - one inspiring, the other dispiriting.
Large Crypto Exchange Invites Users to Vote on Token Listing Proposals
OKEx, a Hong Kong-based prominent crypto assets exchange and a top 3 trading floor in many crypto assets, implemented a participatory mechanism that allows its users to vote on token listing proposals.
China Has Built a Blockchain System That Could Replace Paper Checks
China's central bank has finished work on a blockchain-based system that digitizes checks issued by domestic businesses, according to a senior official.
Denmark Joins EU Blockchain Partnership, Plans to Implement Tech in Shipping
Denmark has signed a declaration to join a total of 24 European Union member states that support pan-EU blockchain standards and solutions, local news outlet Finans Watch reported June 4.
DHL Announces Partnership With Global Blockchain Trade Finance Platform TradeIX
DHL is partnering with blockchain trade finance platform TradeIX, according to a presentation today, June 5, at the Money20/20 conference in Amsterdam.
Telecoms Giant Wants to Move Mobile Data Top-Ups to a Blockchain
China Mobile Corporation, one of the three state-owned telecommunications giants in the country, is exploring the use of distributed ledger technology within its core mobile data business.
Failed Breakout Revives Bitcoin's Bull-Bear Tug-of-War
Bitcoin's retreat from Sunday's high of $7,779 has poured cold water over the bull mood generated by the weekend's positive price action and neutralized the immediate outlook.
Russian Court Overturns Cryptocurrency Media Ban
A city court in St. Petersburg, Russia, has overturned a decision made by a district court in 2016 that effectively blocked cryptocurrency media site bitcoininfo.
Coinbase Invades Japan With New Office, FSA Compliance
US-based cryptocurrency exchange Coinbase officially announced an expansion into the booming Japanese cryptocurrency market with the launch of a new Japan office.
Moment of Truth for EOS: What's Next for $4 bln EOSIO Following Launch of v1.0
The EOS token sale started in June 2017 as an Ethereum-based ERC-20 token - but as of June 2, 2018, EOS token holders that had registered for the mandatory token swap would see those ERC-20 tokens converted to EOS tokens on the EOSIO platform.
Verge's Blockchain Attacks Are Worth a Sober Second Look
Verge, a privacy-oriented cryptocurrency recently propelled into the limelight by a partnership with popular adult entertainment site Pornhub, suffered two hacks perpetrated through 51-percent attacks that saw the attackers absconding with millions of dollars-worth of its native cryptocurrency, XVG. During the first attack in April, the hacker was able to get away with 250,000 XVG. And during the latest in mid-May, an attacker was able to exploit $1.7 million-worth of the cryptocurrency from the protocol.
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