September 2019 | Page 36 of 145 | Last Cryptocurrency News Feed

Japan’s Central Bank Chief Calls for International Effort on Libra Regulation

news The head of Japan’s central bank has called for international cooperation in regulating stablecoins like the Facebook-led Libra. According to a Reuters report, Haruhiko Kuroda, governor of the Bank of Japan, said: “If Libra is introduced, it could have a huge impact on society.” Talking at an event in Osaka, Japan, on Tuesday, Kuroda said the…

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Bakkt: Futures Can ‘Possibly’ Predict Halving Impact on Bitcoin Price

The COO of institutional trading platform Bakkt appears unsure about its futures market predicting the impact of the 2020 Bitcoin halving event.White: We want to “lead price discovery”Speaking to CNN in an interview on Sept. 23, Adam White said that Bakkt’s newly-launched futures contracts should help the market value Bitcoin (BTC). “We hope the Bakkt daily…

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Bitcoin Network Hash Rate Mysteriously Flash Crashes by 40%

Bitcoin’s (BTC) network hash rate dipped a record 40% yesterday, Sept. 23, in a sudden shock for the network.Bitcoin network hash rate, Nov. 2018-present. Source: Coin.danceData from Coin.dance — corroborated by other sources [insert links] — indicates that the network’s hash rate plummeted yesterday from over 166.6 PH/S to 57.7 PH/S. Mystery flash crash remains unexplainedThe flash drop…

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John McAfee: Bitcoin Custody to Become the Standard

Since Bitcoin came into being, we have had a global decentralized digital cash system that can bypass the entire banking system. But like cash, it comes with its own set of risks. If you lose the keys to your coins, you lose the coins. Seasoned Bitcoin investors know this, but it scares new users who…

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China’s Central Bank: Digital Currency Has ‘No Timetable’ for Launch

China has no specific launch date in mind for its digital currency, its central bank has said in fresh comments contradicting previous statements.Central bank governor: We need time to researchAs local English-language news outlet Global Times reported on Sept. 24, the People’s Bank of China (PBoC) has now denied Beijing is ready to debut its…

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SWIFT Chairman Says Cryptocurrencies Cause Extraordinary Change In Financial Industry

In what seems like quite the endorsement for cryptocurrencies, the Chairman of the global provider of secure financial messaging services SWIFT, said that cryptocurrencies are causing an extraordinary change in the financial industry. He also mentioned Libra, the project of social media mogul Facebook. Worthy Mention And Endorsement Speaking at the Sibos 2019 conference which…

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Crypto is an Intangible Asset, Global Accounting Standards Body Argues

news Cryptocurrency holdings are neither cash nor financial assets, but meet the definition of an intangible asset, at least according to an influential global accounting standards body. The Korea Times said in a report on Monday that according to the Korea Accounting Institute, the International Financial Reporting Interpretations Committee (IFRIC) made such decisions after a…

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SEC Charges Fantasy Market Founder With Orchestrating a Fraudulent ICO

The United States Securities and Exchange Commission (SEC) has charged Jonathan C. Lucas, the founder of adult entertainment marketplace Fantasy Market, with orchestrating a fraudulent initial coin offering (ICO).According to the SEC complaint published on Sept. 23, Lucas received around $63,000 in cryptocurrency from more than 100 investors “through the fraudulent offer and sale of…

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SEC Charges Fantasy Market Founder with Fraudulent ICO Scheme

The United States Securities and Exchange Commission (SEC) has charged Jonathan C. Lucas, the founder of adult entertainment marketplace Fantasy Market, with orchestrating a fraudulent initial coin offering (ICO).According to the SEC complaint published on Sept. 23, Lucas received around $63,000 in cryptocurrency from more than 100 investors “through the fraudulent offer and sale of…

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In Drunken Text, Kik CEO Threatens to Quit: ‘I’m Not Going to Jail for This’

news Kik CEO Ted Livingston appears to be close to quitting the social messaging startup he founded in 2009 following news Monday that the app is shutting down. In a misdirected message sent seemingly under the influence of alcohol, Livingston said he intends to leave the project, citing fears about its ongoing battles with U.S.…