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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Alibaba Advances Blockchain Food Fraud Platform to Pilot Phase
Chinese e-commerce giant Alibaba is trialling a blockchain platform for supply chain tracking in bid to prevent food fraud.
Coincheck Crypto Exchange Posts $490 Mln Profit, On Par With Japan's Top Stock Exchange
Japanese crypto exchange Coincheck earned an estimated ¥53.2 bln in the ten months between April 2017 and January 2018, the month of its unprecedented hack, according to data from parent company Monex Group Inc., Bloomberg reports April 27.
PBoC Research Lead Touts Hybrid Approach to Blockchain Decentralization
Giving up absolute decentralization could solve many of the problems facing blockchain technology, according to Yao Qian, the People's Bank of China's digital currency research lead. In an opinion article, published by Chinese business news site Yicai on Friday, Yao summarized the current state of development of bitcoin and blockchain technology and offered his view on how the future of the tech should play out.
IBM Files Patent For Proof-Of-Work Protocol Tailored To IoT Networks
Tech giant IBM has filed a patent for an Internet of Things-focused Blockchain configuration which would tailor the proof-of-work protocol in order to address potential security issues in IoT networks, in an application published April 26.
Pullback Over? Bitcoin Retakes $9K, Eyes Further Gains
Having recovered from a five-day low hit yesterday, bitcoin has potential for a move higher towards major resistance at $9,880, the technical charts indicate.
After Millions Raised, the SAFT Is Alive But Who Knows How Well
More broadly, the SAFT is an idea that a company that wants to build a service platform that runs on tokens can raise money by selling contracts to receive those tokens once it has been built.
Pantera CEO Thinks Crypto Market Could Reach $40 Trillion, Calls Bitcoin "Screaming Buy"
Pantera Capital, a blockchain investment fund, has issued its most brazen show of positive sentiment to date, its founder stating the cryptocurrency market could one day reach $40 trillion.
Singapore to Speed Up Process of Awarding Blockchain Payment Patents
Singapore's Intellectual Property Office announced an initiative to expedite the patent-granting process for fintech-related applications such as blockchain-based payments.
New Study Highlights Cryptocurrency's Role in Cybercrime
Cybercrime is generating at least $1.5 trillion dollars in revenue every year via illicit online markets, IP theft, crimeware, and ransomware.
Binance Outpacing Deutsche Bank In Overall Profit Yield
Deutsche Bank's net profit results for this year's first quarter are in and not surprisingly, Binance, one of the world's largest cryptocurrency exchanges, has surpassed the German financial institution in its overall profit yield.
IBM Reimagines Proof-of-Work for Blockchain IoT Devices
IBM is seeking to patent a method for ensuring that a network of connected devices can securely execute blockchain-based smart contracts.
Japanese Crypto Exchange Everybody's Bitcoin Receives Citation From Financial Regulators
Tokyo-based virtual currency exchange Everybody's Bitcoin Co. Ltd. has been issued an official warning by the Japanese Financial Services Agency, according to a press release April 25.Citing articles of the Supplementary Provisions Act on Financial Settlement, the FSA issued the company an improvement notice, which obliges them to rectify any inconsistencies or shortcomings in their business operations.
What Crypto Investors Can Learn from Billionaire George Soros
One of the billionaire's most famous ideas might be even more important to understanding how the market functions, with or without his participation.
AMD CEO: Blockchain Is Important But "A Bit Of Distraction"
CEO Lisa Su of AMD, an American multinational semiconductor company, said that Blockchain is "a bit of a distraction in the short term" in an interview with CNBC April 26.Su admitted the importance of blockchain, stating, "It's a very important technology The idea you can do all these peer-to-peer transactions, a decentralized network, it's a good technology, but frankly l think it's a bit of a distraction, in the short term."
Weekly Price Overview: NEO, April 26
At the end of May 2017, the price started to rise and hit a high of about $58 levels in August of last year.
Trading Tips: Introduction to Ichimoku Clouds
Ichimoku clouds are a charting indicator created by Goichi Hosoda, a Japanese trader, that wanted to create a quick and easy way to look at a chart and be able to tell what is going on.
IBM And Jewelry Industry Leaders To Use Blockchain To Trace Origin Of Diamonds
Leaders in the gold and diamond industry have partnered with IBM to develop a blockchain network for tracing the origin of finished pieces of jewelry, IBM announced in a blog post April 26.The TrustChain Initiative is partnership of precious metals refiner Asahi Refining, jewelry retailer Helzberg Diamonds, precious metals supplier LeachGarner, jewelry manufacturer The Richline Group, and independent verification service UL. The measure aims to provide increased transparency across the supply chain.
Crypto Collectible Game Launches A Platform Allowing Users To Breed Virtual Pets
Blockchain Cuties is a new example of such a platform.
Sony Eyes Blockchain Use for Digital Rights Data
Japanese technology giant Sony is looking at using blockchain to store digital rights data.
Comcast's Venture Capital Arm Is Bullish On Bitcoin and Blockchain
Gil Beyda, managing director of the venture capital arm of Comcast, appeared on CNBC today, April 26, with a bullish outlook for Bitcoin and real world applications of blockchain technology.
Mt. Gox Moves Around $165 Mln In BTC And BCH From Its Wallets
16,000 Bitcoin and 16,000 Bitcoin Cash have been moved out of cold wallets associated with the infamous, now defunct Japanese Bitcoin exchange MT. Gox today, April 26, according to Mt. Gox cold wallet tracking data on Crypto Ground.
Cardano April Update: Up 53% Over Past Month On New Developments and Exchange Listings
A string of recent developments has seen Cardano continue to assert its position as a cardinal cryptocurrency, giving its holders every reason to turn their fling into a long-term relationship.
CBOE Saw Its Highest-Ever Bitcoin Futures Volumes Yesterday
Two major markets for bitcoin futures contracts saw a major boost in volume on Wednesday.
Let's Not Destroy Bitcoin: What's Wrong With MIT Technology Review's Article
On April 24, the MIT Technology Review published an article with a catchy headline, titled "Let's Destroy Bitcoin".
Aims And Goals Of Japan's New Self-Regulatory Cryptocurrency Exchange Association
The latter hack, which saw thieves make off with $530 mln in NEM, prompted Japanese regulators to step in and address security concerns at many of the exchanges in the country.
17 Mln Of Total 21 Mln Bitcoins Now Mined In Milestone For Digital Scarcity
In a round million milestone, 17 mln bitcoins have now been mined as of today, April 26, according to data from statoshi.
Ripple Says Sales of XRP Cryptocurrency Rose 83% In Q1
Ripple reported Wednesday that sales of its cryptocurrency XRP totaled $167.7 million in the first three months of 2018, an increase of 83% compared to the previous quarter and of 2,400% compared to the first quarter of 2017.
Blockchain-based Ad Service Revolution: Crypto Answer to Social Media Bans
Widespread bans of initial coin offering and cryptocurrency adverts on major social media platforms and search engines could provide the opportunity for a Blockchain-based advertising service revolution.
Romania's Oldest Bitcoin Exchange Is Shutting Down Next Week
Romania's BTCxChange announced it was closing its platform earlier this week.
Crypto Mining Made Up 10% of AMD's Revenue in Q1
Cryptocurrency mining demand accounted for as much as 10% of AMD's first-quarter revenue this year, according to the chip maker.