May 2019 | Page 30 of 113 | Last Cryptocurrency News Feed

$71 Million: Galaxy Digital Sells Stake in EOS Blockchain Maker Block.One

news Galaxy Digital, the crypto merchant bank founded by former hedge fund manager Michael Novogratz, has received $71.2 million after selling its shares in Block.one, the maker of the EOS blockchain. Galaxy Digital said in an announcement on May 21 that it closed the transaction on Monday after a tender offer for its position in…

CoinDesk Feed

$19 Million: Ethereum Foundation to Fund Work on 2.0 Upgrade, Plasma and More

news The Ethereum Foundation detailed Tuesday how an estimated $30 million will be spent by the organization on key projects within the ethereum ecosystem. The group said that $19 million has been earmarked over the next 12 months to be put towards “building the ethereum of tomorrow.” Namely, this includes an ambitious scaling upgrade dubbed…

CoinDesk Feed

Bitfinex Argues Why Judge Should Dismiss NYAG Case in Latest Court Filings

news Bitfinex and Tether have asked a judge to dismiss the New York Attorney General’s (NYAG) case against the controversial cryptocurrency firms, claiming they have no customers in the state. In new court filings Tuesday, lawyers for the two companies, which have overlapping owners and managers, also asked Judge Joel M. Cohen of the New…

CoinDesk Feed

At Blockchain Week, Maturity Is the Motto as Ethereum Organizations Push Toward 2.0 Upgrade

feature The ethereum movement, headed by flagship organizations like the Ethereum Foundation and the Brooklyn-based conglomerate ConsenSys, emerged from Blockchain Week 2019 with a common goal and a newfound sense of urgency. In short, building ethereum 2.0 — the blockchain network’s ambitious reinvention plan — will require maturity. “The only people left are those that…

CoinDesk Feed

Crypto Startup Circle Lays Off 30 Employees Citing Market, Regulatory Conditions

news Crypto startup Circle has laid off roughly 30 people, or about 10 percent of its staff, CoinDesk has learned. The company – which owns trading platform Poloniex, equity crowdfunding site SeedInvest and the USDC stablecoin in partnership with Coinbase – is looking to cut costs, Circle CEO Jeremy Allaire told CoinDesk via a spokesperson.…

CoinDesk Feed

Bitcoin SV Surges 200% as Wright Registers Copyright to Satoshi White Paper

news The standout performer in the cryptocurrency markets today is one of the world’s largest by market cap, Bitcoin SV (BSV), which at one point surged over 200 percent on some exchanges during today’s trading session. At 13:15 UTC, the price 11th largest crypto by market cap rank reached a 24-hour high of $139.31, a…

Cointelegraph Feed

Ethereum Foundation Announces Details on $30 Million Network Development

The Ethereum Foundation has announced a three-pronged approach to allocating the $30 million it has designated for developing the Ethereum network over the next year, in an official blog post on May 21.The breakdown for the three categories is future projects at $19 million, current projects at $8 million, and developer supports at $3 million.…

Cointelegraph Feed

New Zealand Blockchain Group to Request Government Blockchain Strategy

New Zealand-based blockchain industry group BlockchainNZ announced that it will request a national blockchain strategy from the government next Thursday, according to a press release on May 21.The executive director of Blockchain NZ, Mark Pascall, will give a presentation to the New Zealand parliament’s economic development, science and innovation select committee hearing on the potential…

Cointelegraph Feed

Central Bank of Laos Issues Warning Against Using Cryptocurrency

The central bank of Laos has warned the public against the use, purchase or sale of digital currencies, local news outlet Vientiane Times reported on May 21.The Bank of the Lao PDR has issued a warning to financial market participants and the public against cryptocurrency transactions as they are considered illegal in the country. The…

Cointelegraph Feed

Firefox Quantum Offers Anti-Cryptojacking Feature

Firefox Quantum, the latest version of open-source internet browser Firefox, has a new privacy toggle that protects against cryptojacking, according to a blog post by Mozilla on May 21.Mozilla previously warned official blog post that websites can deploy scripts that launch a crypto miner on a user’s machine without them being aware — a practice…