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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Majority of Businesses Have No Plans for Blockchain, Gartner Finds
A new survey from research and advisory firm Gartner suggests that organizations are largely apathetic toward blockchain integration.
Gartner Survey: 77% Of CIOs Have 'No Plans' For Blockchain
Blockchain may be known to 66% of chief information officers but only 22% plan on using it, a new survey from Gartner released May 3 claims.
Inclusive Insurance? Businesses See Blockchain As Change-Enabler
The concept of microinsurance is getting a shot in the arm from new technologies, not least among them blockchain.
China National Radio Alleges OKEx Illegally Trading Crypto Futures In China
China National Radio's "Voice of China" program has alleged that the crypto exchange OKEx is illegally working in China with Chinese clients, CNR reports Thursday, May 3.
Sell In May and Go Away? Not for Bitcoin Bulls
Sell in May and go away? While the month may traditionally give equity bulls cold feet, it should probably not be a cause of worry for the bitcoin market.
Reddit CTO: 'I Think Crypto Payments Will Come Back' To Platform
Reddit's CTO blamed "High fees" for the platform no longer accepting Bitcoin payments in an interview May 2, but hinted they may soon return to the platform.
Bloomberg: Crypto Not Really Comparable To Traditional Asset Classes, Future Uncertain
Bloomberg has detailed the course of cryptocurrency's volatility, trading activity, and correlation with other assets over a period of 16 months.
Reddit to Relaunch Bitcoin Payments
Social media platform Reddit is planning to reinstate cryptocurrency as a payment option for its gold members - and this time bitcoin won't be the only option.
Payments Company Square Unveils Low Returns From Bitcoin Business Last Quarter
US payments processing company Square recently reported low profits from Bitcoin trading in its Cash App last quarter, according to an article by Fortune Wednesday, May 2.
Goldman Sachs Says Bitcoin 'Is Not A Fraud', Plans Trading
Goldman Sachs has said Bitcoin "Is not a fraud" as it unveiled plans to buy and sell cryptocurrency, the New York Times reported May 2.
Request Network Partners With Wikimedia to Launch Blockchain-Powered Donations
Request Network announced that it has partnered with Wikimedia Foundation to provide a transparent donation mechanism for one of the internet's most popular websites.
China National Radio Questions Legality of OKEx Bitcoin Futures Trading
China National Radio, a high-level government mouthpiece, has aired doubts about the legality of services offered by OKEx, the Hong Kong-based cryptocurrency exchange launched by OKCoin, previously one of the "Big Three" trading platforms in China.
Crypto Exchange Bitgrail Opens For Three Hours Before Legally Forced Shutdown
Recently hacked Italian crypto exchange Bitgrail tweeted Wednesday, May 2, that they reopened their exchange, only to report its temporary closure three hours later.
Investment Bank Doomsayers Predict Crypto Extinction Event in "Mass Market Wipe Out"
Cryptocurrency market observers may be calling for an impending bull run, but despite total market cap surging beyond the $430 billion mark, some financial analysts remain unconvinced.
The Blockchain Data Problem Is Bigger Than You Think
A straightforward data point - the total supply of bitcoin hit 17 million.
EEA Aims to Standardize Blockchain Implementation With New Enterprise Ethereum Architecture Stack
The Enterprise Ethereum Alliance has announced the release of a new Enterprise Ethereum Architecture Stack that is set to standardize the specifications of Ethereum enterprise solutions, assisting organizations in developing Ethereum-based solutions.
Goldman Sachs to Begin Bitcoin Futures Trading Within Weeks
Investment banking giant Goldman Sachs will use its own money to trade bitcoin futures on behalf of its clients, according to the New York Times.
Goldman Sachs Confirms Launch of Bitcoin Futures Trading Desk
Multinational investment bank Goldman Sachs has recently confirmed that it will be launching a Bitcoin trading desk in response to client demand for cryptocurrency services.
Berkeley City Council Moves Ahead With Pilot Program For Issuing City Bonds On Blockchain
The city of Berkeley, California has moved forward with an initiative to apply blockchain technology to public financing to raise funds for community projects, Bloomberg reports May 2.
Asset Freeze Continues for Public Company That Pivoted to Crypto
The U.S. Securities and Exchange Commission is likely to win its case against three individuals associated with Longfin Corp, a company whose stock skyrocketed after a blockchain pivot, said a federal judge.
Love Crypto? Love to Travel? How to Travel the World Using Crypto
Cryptocurrency is not mainstream yet, but for those comfortable with using it, it may be the answer to making the travel experience smoother.
South Korean Lawmakers Introduce Bill To Legalize New ICOs
A group of South Korean lawmakers is working on a bill to legalize the launch of new initial coin offerings and digital currencies, local news outlet The Korea Times reported May 2.Rep. Hong Eui-rak of the ruling Democratic Party of Korea is leading the move along with 10 other legislators to back the bill and have it endorsed this year.
BlackRock Investment Firm Analysts Quit To Establish $20 mln Blockchain Venture Fund
Three analysts quit their jobs at $6.3 trln international investment giant BlackRock to found a $20 mln venture capital fund Eterna Capital, which will focus on blockchain projects, Financial News reported May 2.The $20 mln venture capital fund reportedly aims to attract institutional investors and will operate under the direction of Andrea Bonaceto, who established online recruitment platform HiredGrad in 2014.
#EIP-999: Why A Vote To Release Parity Locked Funds Evoked So Much Controversy
Parity's recent call for a vote on their submitted EIP-999, which would allow for affected users to regain access to their assets stored in the multisig wallet, caused a stir within the Ethereum community, even prompting Vitalik Buterin himself to call for a boycott of Consensus 2018, stating "Sensationalist" coverage of EIP-999 as part of the reason.
Reddit Co-Founder Says Ethereum Price Will Reach $15,000 This Year
Alexis Ohanian, a co-founder of Reddit, said that he predicts the price of Ethereum will reach $15,000 in 2018, Fortune reports May 2.Ohanian, who now works full-time at a venture capital firm Initialized Capital, said in an interview, "At the end of the year, Bitcoin will be at $20,000. And Ethereum will be at $15,000. Great, now people can call me out if I'm wrong." He said that he's bullish on ETH because "People are actually building on it."
Mastercard: Crypto Card Bans A Factor in Q1 Volume Decline
Moves by major banks to ban their customers from using their payment cards to buy cryptocurrencies led to a dip in cross-border transaction volume during the first quarter of 2018, Mastercard's chief financial officer said Wednesday.
Coinbase Discloses Corporate Data In Response to NY Crypto Inquiry
Coinbase, the U.S.-based cryptocurrency exchange startup, has posted part of its response to New York Attorney General Eric Schneiderman's ongoing inquiry.
Crypto Price Watch: Bitcoin, Ethereum, Bitcoin Cash, Ripple and Litecoin Climb Further into the Green
While a $10,000 price boost is still considered possible and BTC is lying on an ascending plane, a drop to $8,700 could occur granted support for the currency falls below present levels.
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, TRON, EOS: Price Analysis, May 02
A breakdown below $1,221 will prove to be negative, and the BCH/USD pair can slide to below $1,000 levels.
BlackRock Staffers Depart to Start Blockchain Investment Fund
The steady drumbeat of departures from traditional finance to the blockchain industry continues.