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

Up 24%: Bytecoin Only Gainer In Bad Month for Big Cryptos
Bitcoin's failure to scale the $10,000 mark and the following 19 percent slump did not bode well for the cryptocurrency markets last month.
Alibaba-Founded Insurtech Firm Promotes Blockchain Use in Healthcare Industry
China's ZhongAn Tech is planning to use blockchain technology to cut risk and costs in healthcare insurance, local news outlet the South China Morning Post reported May 29.
Third Largest Crypto Exchange Launches Crypto-Based Exchange Traded Fund
Huobi, the world's third largest cryptocurrency exchange by volume, is launching a crypto-based exchange traded fund today, June 1, according to a company announcement May 31.
Top Crypto Exchange Binance Seeks 20 Major Partners for Giant $1 Bln Fund
Binance, currently the world's largest cryptocurrency exchange by trade volume, plans to create a $1 bln cryptocurrency-based fund, an executive confirmed June 1.
Trading Platform With Support for Beginners Aims to Achieve Full Compliance with the SEC
Announced in late 2017, the Mandala Platform aims to design and develop an easy-to-use trading platform for novice traders and inexperienced investors, all the while seeking full compliance as a digital asset exchange and engaging with the US Securities and Exchange Commission.
Binance Reveals Plan for $1 Billion Blockchain Startup Fund
Binance, one of the world's largest cryptocurrency exchanges, has announced it is launching a $1 billion "Social Impact Fund" to foster the growth of blockchain and cryptocurrency startups.
GMO Launches Mobile App That Lets Gamers Earn Bitcoin
Japanese technology firm GMO Internet Group has developed a new mobile app that lets users earn bitcoin simply by playing games, the company said on Thursday.
Buy Crypto While It Is Cheap, Says Major Crypto Hedge Fund CEO
Dan Morehead, CEO of a $1 bln cryptocurrency hedge fund Pantera Capital, says today's crypto markets are "Very cheap" and now's the time to buy.
Former Reuters Risk Intelligence Exec Joins Crypto Compliance Startup
So far the startup has launched a know-your-customer tool, as well as a toolkit for blockchain startups looking to add governance and compliance systems, according to a press release.
This Long-Term Indicator Could Complicate Bitcoin's Price Recovery
A long-term price indicator has turned bearish for the first time in four years, threatening to impede continued gains in bitcoin's price.
Bitmain's New AntMiner Is Drawing Criticism From Early Chinese Users
Mining hardware giant Bitmain has been criticized over one of its latest mining products, the AntMiner B3, with Chinese users making allegations about its marketing tactics and quality control.
Taking Back Power: An Upstart Government Is Planning to Tokenize Energy
Despite the police crackdown that followed last October's failed bid for independence, the Catalan Government plans to airdrop an energy trading token to people in the northeastern Spanish region.
Ethereum's Active and Unique Addresses Overtake Bitcoin
Ethereum - the second-largest cryptocurrency by market cap - now claims more unique and active addresses than Bitcoin.
Huobi Is Launching A Cryptocurrency Exchange Traded Fund
Cryptocurrency trading platform Huobi is launching a crypto-based exchange traded fund, an investment option that will allow retail investors to gain exposure to a basket of assets instead of just one at a time.
TRON Transitions to Native Blockchain with Odyssey 2.0 Release
TRON, the tenth largest cryptocurrency by market cap, is beginning its transition from the Ethereum blockchain to a public blockchain produced by the TRON Foundation and a community of developers around the world.
Norway's Largest Bank to Explore Applications for IOTA's Distributed Ledger Technology
DNB ASA, Norway's largest financial services group, and the IOTA Foundation have signed a memorandum of understanding, according to a press release May 31.
The EOS Blockchain Launch: What Should Happen
Upon the software's release, this group of block producers - which includes an unknown set of exchanges, crypto mining operations, consultancies and others - will first take a "Snapshot" of the EOS tokens to determine the quantity of EOS tokens that must migrate to users EOS wallets.
Decentralizing eCommerce and Empowering Shoppers: Exclusive Interview with SHOP CEO John Wantz
Founded in 2017, SHOP is on a mission to decentralize e-commerce by empowering shoppers and brands through the tokenization of personal data.
IMF Official Calls for Regulation, Tech Adoption By Banks to Fight 'Crypto Competition'
An official from the International Monetary Fund suggested that central banks need to make fiat currencies "More attractive for the digital age" in an article published May 31.
Bitcoin Scalability Update: SegWit, Transaction Efficiency, and Lightning Network Implementation
Bitcoin SegWit transactions now constitute over 40% of all Bitcoin network activity as adoption continues steady growth amongst scalability concerns.
BitLicense Approval Shines Fresh Light On New York-Crypto Relationship
The recent approval of Genesis Global Trading's BitLicense application has shone fresh light on New York State's relationship with the cryptocurrency industry.
Japanese Gov't-Licensed Crypto Exchange Acquired By International Investor for $50 Mln
Japanese crypto exchange BitTrade has been acquired for S$67 mln by a Singaporean multi-millionaire and entrepreneur, Asia One reported yesterday, May 30.The acquisition will see Mr. Eric Cheng take a 100 percent stake in BitTrade Co., Ltd, one of only 16 domestic crypto exchanges to receive a license from Japan's financial watchdog, the Financial Services Agency.
Blockchain-Powered Trust Paxos Raises $65 Mln From Investors
Paxos, an American financial technology startup, has attracted $65 mln from investors, including venture capital firms RRE Ventures and Liberty City Ventures, and private equity executive Jay Jordan, Reuters reported May 31.The company was initially founded in 2012 as Bitcoin exchange itBit and later rebranded as Paxos, a business focused on providing services using blockchain technology.
Crypto Payment Gateway to Help Start-ups Increase Adoption of Custom-made Tokens
A company that describes itself as a "Pioneer in the digital payments space" has unveiled plans to become the first company to offer payment processing capabilities for transactions involving ERC20-compliant tokens.
Mastercard Looks to Blockchain to Make Coupons Immutable
A new patent application from Mastercard suggests that the payments giant is eyeing blockchain as part of a way to verify the authenticity of consumer coupons.
US Crypto Exchange Signs Agreement to Offer Fiat-Crypto Trading to Corporate Clients
"They really do look and pore through the entire business. They want to make sure that we've got robust AML/KYC processes, that we've got the right controls on our finances. They do background checks and everything. They really look at our business soup to nuts."
Coinbase Board Member: Crypto Ecosystem Will Not See Regulation for Years
Kathryn Haun, board member of Coinbase and HackerOne claimed that cryptocurrency and blockchain will not see regulation for years, Techcrunch reports May 31.
Polish Gov't Invites BitBay to Join Working Group as Exchange Forced to Leave Country
Recently expatriated Polish cryptocurrency exchange BitBay tweeted yesterday, May 30, that the Polish Financial Supervision Authority has asked them to join a Blockchain Working Group.
IMF Official: Central Banks Need to Compete With Crypto
A deputy director for the International Monetary Fund's Monetary and Capital Markets Department believes that central banks need to offer "Better" fiat currencies in order to fend off any potential competition from cryptocurrencies.
Ripple CEO Compares Bitcoin to Napster, Says BTC's Influence on Market Could Lessen
"There's gonna be a bit of a correction along the way here where a lot of the players in the space that don't actually solve a real problem are going to get washed out."
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