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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
LocalBitcoins Trader 'Bitcoin Maven' Sentenced to Year in Prison
A Los Angeles bitcoin trader was sentenced Monday to one year in federal prison after she admitted to operating an unlawful money transmission business.
Trading Opens on Huobi's New US-Based 'Strategic Partner' HBUS
Huobi crypto exchange has opened trading on its newly created U.S.-based "Strategic partner" HBUS, according to a press release shared with Cointelegraph today, July 10.
People's Bank Of China Vice Governor: 'We Must Remain Vigilant' and Stop Rogue ICOs
The People's Bank of China doubled down on its rhetoric regarding ICOs July 9, warning those who attempt to serve Chinese residents that it would "Crush" their operations.
Malta to Host 'World's First ICCO' as Palladium, Bittrex Build New Crypto Exchange
Malta-based company Palladium will launch the world's first so-called initial convertible coin offering with two partners including Bittrex, a press release announced July 10.
Chinese Yuan Now Below 1% of Total Bitcoin Trading Volume, Down From Peak of 90%
In an attempt to stem growing enthusiasm for cryptocurrency trading among the Chinese public, the Chinese government has been cracking down hard on cryptocurrency traders and speculators, banning cryptocurrency exchanges and outlawing ICOs.
Torrent Site Pirate Bay Spells Out Monero Mining Software Use
Torrent website The Pirate Bay is doubling down on its plan to use visitors' processing power to mine crypto.
Payment Service CoinGate Launches Bitcoin Lightning Network Pilot for 100 Merchants
Cryptocurrency payment gateway CoinGate is launching a pilot program for 100 merchants to test transactions on a Bitcoin Lightning Network variant of their service, according to news shared with Cointelegraph today, July 10.
Crypto Markets Take Deep Plunge, Market Cap Back to Monthly Lows
Tuesday, July 10: crypto markets have taken a deep plunge today, after a week of relatively stable growth.
EOS Block Producers Crash After RAM Fault
Several block producers of the recently-launched EOS temporarily crashed after running into a RAM-related limitation.
SEC Settles Trader Lawsuit Tied to Blockchain Firm Stock Sales
The U.S. Securities and Exchange Commission has settled with two Nevada men over charges that they illegally profited from sales of stock in a claimed blockchain company, according to an SEC release.
NZ Exchange Cryptopia Starts Planned Maintenance Early, Users Report Withdrawal Issues
New Zealand digital assets exchange Cryptopia raised concern this week among users after bringing its planned maintenance window forwards "Due to unforeseen circumstances." The announcement was made on the platform's Twitter account yesterday, July 9.
Google Co-Founder Reveals He is Mining Ethereum with Son
Over 40,000 people use Google every second - although this is an astonishing number, it is no revelation.
More Than Half of ICOs Fail Within 4 Months, Study Suggests
While over 4,000 ICO projects have managed to raise a combined total of around $12 billion to date - and most since January 2017 - a majority of them fail within four months of their token sales, a new study suggests.
Ethereum's Joe Lubin: We're Moving Into Phase Two of ETH Blockchain 'This Year'
Ethereum's Joseph Lubin said that with the fundamental "Layer one" in the Ethereum ecosystem now established, 2018 will see "Layer two" systems ramify and mature.
NEO Investors Are Being Airdropped $42 Million Worth of Ontology
On July 9th, 2018 those who held NEO on March 1st, will receive their share of the second, ten million Ontology token airdrop.
R3 Consortium Releases New 'Version' of Its Corda Platform for Businesses
Blockchain technology company R3 announced July 10 that it had released a "Version" of its Corda blockchain platform aimed specifically at businesses.
100 Merchants Can Now Trial Bitcoin's Lightning Network Risk Free
A few lucky merchants now have one less obstacle to accepting bitcoin payments via the Lightning Network.
PBoC Will 'Crush' Foreign ICOs Targeting Chinese Investors: Official
A vice governor of the People's Bank of China has again issued strong statements against initial coin offerings, singling out those that have moved overseas, but are still marketing to investors in China.
CBOE Seeks SEC Approval for Bitcoin ETF
On June 26, 2018, the SEC received an application from CBOE Futures Exchange to launch the world's first Bitcoin ETF.Another Attempt at the Crypto Holy Grail.
Bitcoin Bull Bias Fades as Price Drops Below $6.5K
Bitcoin is on the defensive today and could suffer deeper losses in the next few days should the bulls fail to defend the key moving average support, technical charts indicate.
Established Cosplay Platform Turns to Blockchain to Tackle Harassment and Copyright Issues
A company that bills itself as the "World's largest cosplay platform" is turning to blockchain to help the industry develop a sustainable economy - tackling issues such as harassment and copyright in the process.
Crypto Tycoon Resigns From Blockchain Fund After Alleged Defamation
Li Xiaolai, a noted cryptocurrency investor and early bitcoin evangelist in China, has resigned from his role as managing partner of the $1 billion Hangzhou Xiong'An Blockchain Fund after alleged defamatory comments were made against him.
Bancor Exchange Hacked, $12M in Ether Stolen
Despite cryptocurrency markets maturing, the pandemic of exchange hacks has yet to be resolved.
R3 Launches Corda Enterprise With First-Ever 'Blockchain Firewall'
More than a year in the making, Corda Enterprise has arrived.
Augur Is Live: Decentralized Prediction Market Launches After 2-Year Beta
Now, the Forecast Foundation, the not-for-profit behind Augur's development, has announced the launch of the long-awaited platform, which was accompanied by the release of the final version of the Augur application as open-source software.
Augur Mainnet Launch Seeks to Decentralize Prediction Markets on Ethereum
Augur, a protocol aiming to create a decentralized prediction marketplace, was successfully funded through an ICO that began in August 2015 and generated $5.5 million of ETH. After launching their beta on the Ethereum testnet over two years ago, successfully completing a security audit, and spending the last four months finding and fixing bugs, Augur is migrating to its mainnet on July 9th, 2018, at 11:01 PST.REP migration is planned to begin at 11:01AM PT tomorrow, July 9th. At that time, the current REP contract will be frozen indefinitely.
Benson Oak Raising $100 Million for Blockchain-Focused Fund
Benson Oak, a Prague-based investment bank, has announced it is raising $100 million to launch an investment fund dedicated to the Israeli market with a focus on blockchain startups.
BitGo Adds 57 Ethereum Tokens In Largest-Ever Custody Service Expansion
The security startup BitGo exclusively told CoinDesk on Tuesday, July 10, it will expand its suite of custody products and services to support 57 new ethereum assets, a move driven by demand for services that safeguard private keys - the alphanumeric strings that act as passwords for crypto assets - and that, once lost, are gone forever.
Crypto Markets Seeing Red, Total Market Cap Down Almost $15 Bln
Monday, July 9: crypto markets are mainly seeing red today, with total market capitalization down almost $15 billion from yesterday's high, according to data from Coinmarketcap.
Chinese Regulator Warns Against "Mythologizing" Blockchain
The head of the international department of the China Banking and Insurance Regulatory Commission has warned against "Mythologizing" blockchain technology, news outlet South China Morning Post reported July 9.