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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Google, Facebook and Uber: Has Their Blockchain Time Arrived?
British company Juniper Research recently published a study which suggests that the use of blockchain technology by multinational companies is just a matter of time.
Price Watch: Stellar Lumens, Cardano, TRON and EOS Experience Price Hikes
The cryptocurrency market cap rose significantly in the past 24 hours.
Decentralized Data: The Key to Safer Air Travel?
Every year, the aviation industry generates a torrent of data essential to keep air travel reliable and safe.
The EOS Project Sends 200,000 ETH to Bitfinex for Liquidation
EOS recently completed a record-breaking $4 billion ICO. Now, it has been discovered on the Ethereum blockchain that the EOS project sent 200,000 ETH to Bitfinex for liquidation.
Ripple Partners with Kuwait Finance House, One of the Largest Islamic Banks in the World
Kuwait Finance House recently announced that it is partnering with the real-time payments system Ripple.
Is IBM a Better Bet Long-Term than Bitcoin?
At the same time, many people recognize that the blockchain, the technology that underpins digital currencies, is an extreme value proposition in itself.
Bitcoin Mining's Electricity Bill: Is It Worth It?
They say it takes money to make money; in order to make a profit off Bitcoin mining, you have to buy mining equipment and pay your electricity bill first.
EOS Price Jumps on News of EOSIO 1.0 Release, $50 mln Fund to Support 'Ecosystem'
One has released version 1.0 of their open-source blockchain protocol, EOSIO, according to an official blog post published today, June 2.
How to Watch the EOS Blockchain As It Goes Live
One of them will need to be randomly chosen to create the genesis block, and then voting on the official first slate of block producers will take place.
Save the World? Blockchain's Big Dreams Come Back to Earth in DC
Whispered between attendees in a crowd of 300 at the Blockchain for Social Impact conference in Washington D.C. on June 1, the statement may have summed up the sentiment at the event.
Crypto Exchange Huobi Jointly Launches $93 mln China-South Korea Blockchain Fund
Huobi, the world's third largest cryptocurrency exchange by trade volumes, has entered into a partnership to launch a $93 mln China-South Korea investment fund for blockchain companies, the China Money Network reported yesterday, June 1.Huobi, together with Chinese investment firm NewMargin Capital and South Korean securities firm Kiwoom Securities Co., Ltd., will use the $93 mln fund to invest in blockchain startups and foster collaboration between the two countries.
Supplemental IRS Guidance on Taxation of Cryptocurrencies is Needed: Expert Take
"We recommend the IRS release immediate guidance regarding the tax treatment of virtual currency transactions, similar to that of Notice 2014-21 so that authoritative guidance exists," said Annette Nellen, CPA, CGMA, Esq., chair of the AICPA Tax Executive Committee.
Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin Struggle to Remain Afloat
Since our previous price watch, the cryptocurrency market cap has remained stable at $333 billion.
Norwegian Bank and IOTA Announce Partnership
On Thursday, May 31, IOTA officially announced a partnership with Norway's largest bank, DNB ASA. The bank is exploring the possible benefits that IOTA's distributed ledger, otherwise known as the Tangle, will bring to the table.
Estonia Rolls Back Its Plan to Issue National Digital Currency
Estonia rolled back its plan to establish a national cryptocurrency Estcoin following criticism from the President of the European Central Bank, Mario Draghi, and local banking authorities, Bloomberg reported June 1.The managing director of the Estonian e-residency program, Kaspar Korjus, proposed the development and issuance of Estcoin in August last year.
Crypto Funds Explode in 2018 as Venture Capital Attacks the ICO Model
Blockchain technology and cryptocurrencies have become a prime target for forward-leaning hedge funds, venture capitalists, and private equity firms in 2018 as the crypto ecosystem rapidly matures.
New York State Legislature Proposes Creation of Cryptocurrency Task Force
The banks committee of the New York state legislature voted on Wednesday, May 30 to progress a bill that would create a digital currency task force.
Beverage-Blockchain Stock Jumps, Loses Gains in Same Hour
Shares of Future Fintech Group Inc., formerly SkyPeople Fruit Juice Inc., jumped and subsequently fell following announcements of a "Strategic transformation plan" involving blockchain, Bloomberg reports June 1.Future Fintech's shares jumped 27 percent following the announcement Friday, but the rally did not last long.
Singapore Startup Secures $12.3 Bln in Assets on Blockchain Platform
Singapore-based crypto-finance company FUSION has secured $12.3 bln in financial assets from three strategic partners, who will lock those assets on the startups' public blockchain platform, Reuters reported June 1.
EOS About to Secure a Record $4 Bln in Year-Long ICO
One's EOS will complete its year-long token crowdsale later today, becoming the largest initial coin offering in history having raised a total of over $4 bln.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 01
04 level breaks, the digital currency can fall to $5,450 levels.
EOS, Cardano, Decred Receive Top Ratings by Weiss Ratings
On Tuesday, May 29th, the infamous investment rating bureau, Weiss Ratings, made public a PDF list composed of 93 cryptocurrencies usually only viewable to its paying customers.
Blockchain Media Company Acquires the Beyond Bitcoin Documentary at Cannes Film Festival
Blockchain media company Slate Entertainment Group revealed its 'seven figure deal' on acquiring rights for a documentary about blockchain during the Cannes film festival, company representatives reported to Cointelegraph.
Crypto Candy? Expect Free Giveaways When the EOS Blockchain Launches
Most EOS holders will find they also own a bunch of other new tokens with real-world value since loads of startups are planning to jumpstart their efforts by gifting tokens to EOS users, the lion's share coming in the first blocks.
Visa Card Payments Failing in UK, Europe, Highlighting Need for Decentralized Options
We are currently experiencing a service disruption which is preventing some Visa transactions in Europe from being processed.
One of Europe's Most Energy-Efficient Data Centers Tests BTC, ETH Mining
Holland's ITB2 Data Center has set up a cryptocurrency mining lab for Bitcoin and Ethereum, according to a report by Emerce Thursday, May 31.
Huobi Partners on $93 Million China-South Korea Blockchain Fund
Hot on the heels of its recently announced cryptocurrency ETF offering, Huobi has revealed a new partnership that will see it launch an investment fund dedicated to blockchain startups in China and South Korea.
Japan: Financial Watchdog Probes Crypto Exchanges Over AML Compliance
Japan's Financial Services Agency has issued business improvement orders to multiple domestic crypto exchanges, Cointelegraph Japan reports today, June 1st. One of FSA' main concerns is the exchanges' compliance with anti-money-laundering requirements.
Ex-Thomson Reuters Senior Executive Joins Blockchain KYC Startup
Greg Pinn, who previously served as head of the corporation's risk intelligence and financial crime screening platform, has already taken up the post.
Netherlands' Land Registry to Test Blockchain Solution for Real Estate
The Netherlands' Land Registry is expected to test blockchain technology for national real estate data, local tech platform Computable reported Thursday, May 31.