April 2019 | Page 3 of 111 | Last Cryptocurrency News Feed

Fractional Reserve Stablecoin Tether Only 74% Backed by Fiat Currency, Say Lawyers

The company behind USD stablecoin Tether (USDT) only has enough cash to back three-quarters of its increasing supply, its lawyers confirmed in documents released on April 30.As part of an ongoing legal process involving the New York Attorney General, Zoe Phillips of law firm Morgan Lewis said that at the time of writing, 74% of…

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Crypto Price Analysis & Overview April 30: Bitcoin, Ripple, Ethereum and IOTA

Bitcoin Bitcoin traded around the resistance range at $5,200 and from there the next resistance level is at $5,500. Following the correction and the current Tether Saga, the market is looking to understand where the wind is blowing to and it is quite likely that the way up will go through some pitfalls as the…

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Bankers meet Bitcoiners In Munich

For the first time, a Bitcoin conference bringing together advocates and critics. Beyond the price volatility, the adoption of Bitcoins continues at a rapid pace. At BayernLB in Munich international experts discuss the value of Bitcoin and its potential impact on businesses and the world economy. Munich, Germany, April 29, 2019 — Senior decision-makers must…

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“Publicly Traded Crypto Exchange” Bitcoin Generation Hit by SEC Sanctions

An official announcement published on April 29, 2019, has revealed that the United States Securities and Exchange Commission (SEC) has temporarily suspended the trading of shares in Bitcoin Generation (BTGN), a blockchain-based company out of Oklahoma. The company also operates a crypto exchange platform that supports popular cryptocurrencies, and it bills itself as the “first…

CoinDesk Feed

Microsoft Outlook Hackers Stole Crypto Using Victims’ Emails: Report

news Hackers who breached Microsoft Outlook have reportedly used the email service to steal cryptocurrency users’ funds. Motherboard reported Tuesday that hackers had managed to gain access to Microsoft customer support employee’s accounts in recent weeks, after which they were able to access non-corporate email accounts, including in Hotmail and MSN. Microsoft confirmed the breach to…

CoinDesk Feed

HTC Plans to Launch Another Blockchain Phone This Year, Exec Says

news Taiwanese consumer electronics firm HTC is doubling down on its mission to offer blockchain features to its cellphone customers. HTC decentralized chief officer Phil Chen said at a recent event in Taipei that the company is preparing to release a second generation of its blockchain phone, the EXODUS, by the year’s end, Taiwan News…

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UK Central Bank Deputy Governor Dave Ramsden: Crypto Is Not a Store of Value

Dave Ramsden, deputy governor of the United Kingdom’s central bank, has said that crypto assets are too volatile to be a store of value. Ramsden made his comments in an interview with CNBC published on April 30.Bank of England (BOE) deputy governor Ramsden noted that over a year ago, the U.K.’s Financial Policy Committee (FPC)…

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JPMorgan Chase Senior Executive Becomes CEO of Blockchain Precious Metals Firm

Blockchain-powered precious metals platform Tradewind has appointed an ex-JPMorgan Chase executive as its new CEO, the company confirmed in a press release on April 30.Michael Albanese, who previously worked as the bank’s Global Head of Agency Collateral Management and Global Head of Securities Clearance, will take over Tradewind’s operations immediately.Those currently include the management of…

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Bitcoin Price Analysis April 30: BTC Steady But Fragile, Tight Range Ahead Of The Next Major Move

Since our previous Bitcoin price analysis, nothing much had changed in the bigger picture, as the coin still trading inside the tight range between $5000 and $5200. It looks like the market is searching for its direction, getting ready for its the next big move. The crypto world is still under the unclear situation coming…

CoinDesk Feed

Bitcoin Startup Unveils ‘Thunder Bird’ Lightning Code for IoT Devices

news Japanese startup Nayuta is releasing an in-progress lightning implementation with a compelling new focus: the internet of things (IoT). As revealed exclusively to CoinDesk, Nayuta is publishing the first lightning implementation geared specifically toward IoT, or networks of connected devices that feed data to one another. The idea behind Nayuta’s release is that it…