April 2019 | Last Cryptocurrency News Feed

ITIF Releases Guide to Regulating Blockchain for Policymakers

The Information Technology & Innovation Foundation (ITIF) released recommendations for policymakers on how to regulate blockchain technology on April 30.Founded in 2006, ITIF is an independent nonprofit institute that provides policymakers with information, analysis and recommendations for handling new technology. In its new guide, ITIF included an array of proposals for policymakers to better regulate…

Bitcoin Magazine Feed

Bitcoin Price Analysis: Short Squeeze Imminent as Bearish Pressure Weakens

Summary: Following unconfirmed claims by the NYC Attorney General regarding Bitfinex and Tether’s insolvency, the bitcoin market had a knee jerk reaction that caused us to retest macro support. However, this pullback barely made a scratch on the market structure as we didn’t manage to break our trend of higher lows. The move was swift,…

Bitcoin Magazine Feed

“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General

Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. In short, the affidavit writes off the NYAG’s concerns, calling them baseless and requesting an Order to Show Cause that would require…

Bitcoin Magazine Feed

U.S. Citizens Can Now Accept Their Federal or State Tax Refund in Bitcoin

Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off. It’ll give you the opportunity to become one of the inaugural users of a new joint-endeavor by crypto payment processor BitPay and tax services…

CoinDesk Feed

Two Charged With Running ‘Shadow Banking’ Service for Crypto Exchanges

news The U.S. Department of Justice announced Tuesday that it has hit two individuals with bank fraud charges in connection to a system for depositing funds to cryptocurrency exchanges. In a statement, U.S. Attorney’s Office for the Southern District of New York alleged that Reginald Fowler of Arizona and Ravid Yosef, said to live in Tel…

Cointelegraph Feed

Coinbase Custody Now Supports Mainnet KIN Tokens

Coinbase Custody announced immediate support for the mainnet iteration of the KIN token today, April 30, 2019. As Cointelegraph previously reported, KIN is a cryptocurrency created by Canadian organization Kik Interactive of Kik Messenger fame. The token was originally developed on the Ethereum and Stellar networks and now operates on its own blockchain (a fork…

Cointelegraph Feed

ConsenSys Spinoff Truffle Integrates With Goldmans Sachs-Supported Blockchain: Report

Truffle is integrating with AxCore, a proprietary blockchain jointly created by Goldman Sachs and JPMorgan-supported Axoni, Forbes reported on April 29.The ConsenSys spinoff, which makes tools that are widely used by Ethereum developers, has reportedly raised $3 million as it aims to expand into enterprise-grade solutions.According to the Forbes report, Truffle plans to use the…

Cointelegraph Feed

Amazon Web Services Launches Managed Blockchain Service

Amazon Web Services (AWS), the cloud computing platform subsidiary of retail giant Amazon, has made its Amazon Managed Blockchain (AMB) generally available, according to an announcement on April 30.The product will purportedly allow customers to set up blockchain networks within their organizations, and uses the Ethereum and Hyperledger open source frameworks. Notably, Amazon states that…

Cointelegraph Feed

Prediction: 20 Percent of Leading Global Grocers to Use Blockchain by 2025

20 percent of the top 10 global grocers will use blockchain by 2025, according to information released by research firm Gartner Inc on April 30.Per Gartner, the main advantage of blockchain for grocers is that it provides a high degree of transparency.For grocers, this means they can use blockchain as a way to convey reliable…

Cointelegraph Feed

New York District Attorney Charges Two for Shadow Banking Crypto Companies

The Southern District of New York Attorney has charged an Arizona man and Israeli woman for allegedly shadow banking cryptocurrency companies, according to an official announcement published on April 30.Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced the arrest of Reginald Fowler for allegedly operating an unlicensed money…