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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Low Capitalization, Institutional Exposure Make Crypto Low Risk, Says Dutch Gov't Report
A branch the Dutch government has recently released an economic risk report, claiming that cryptocurrencies present a low risk to financial stability in the country, according a report published on May 29.
ConsenSys, MakerDAO and Dether Launch Bifrost, a Project to Help Aid Groups In Conflict Zones
ConsenSys, MakerDAO, and Dether joined forces to launch Bifrost.
Forex Settlement Provider CLS Invests in Blockchain Consortium R3
CLS, a provider of foreign exchange settlement and processing, has invested $5 mln in R3, a New-York-based blockchain consortium, Reuters reported May 30.
Central Bank Of Russia: Crypto Assets Do Not Pose Risk to Global Financial Stability
The Central Bank of Russia released a report May 30, stating that crypto assets do not currently threaten global financial stability as the global volume of crypto transactions is very low.
John McAfee Announces Crypto-Backed 'Fiat' Currency Redeemable for Face Time With Him
Businessman and crypto advocate John McAfee is releasing his own "Fiat" currency backed by cryptocurrency, the McAfee Redemption Unit, on June 25, according to his tweet from yesterday, May 29.No hoax.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, May 30
We had recommended buying the leading cryptocurrency on a sharp fall below $7,000 in our previous analysis, but the bulls held on to the $7,100 levels on May 28 and May 29.The current rebound will face resistance at the downtrend line and above that at the 20-day EMA, which is at $7,963.
Quebec Gov't Reportedly Lifts Moratorium on Energy Sales to Crypto Miners
The government of Quebec will reportedly lift its moratorium on the sale of electricity to cryptocurrency miners, sources familiar with the matter told local news Le Journal De Montreal May 30.
Will Bitcoin and Crypto Payments Go Mainstream at the 2018 World Cup?
Following Real Madrid's recent Champions League triumph and the conclusion of the club soccer season, the world eagerly awaits the 2018 World Cup in Russia.
Headphones Maker Monster Is Quietly Planning A $300 Million ICO
Monster Products, Inc. has been losing money for years, but a $300 million initial coin offering may be what it takes to turn the company around.
South Korea Moves to Allow Domestic ICOs
South Korea's National Assembly - the legislative body of the East Asian Nation - has officially proposed to allow domestic Initial Coin Offerings.
New Blockchain App For Quick Identity Verification To Help Protect Users' Data
A company has launched a new blockchain-powered identity verification app to help users avoid online fraud during internet transactions.
India's Telecom Regulator to Use Blockchain to Prevent 'Pesky' Telemarketing Spam
The Telecom Regulatory Authority of India is planning to use blockchain to prevent unsolicited telemarketing communications, Business Standard reports today, May 30.Trai claims that the technology will enable regulators to accurately track 'pesky' telemarketing spammers, who often use unregistered 10-digit phone numbers to evade tracking.
New Zcash Software Sets Stage for 'Sapling' Upgrade
The development team of the zcash cryptocurrency has released new software that contains support elements of the network's planned Sapling upgrade, set to take place later this year.
Goldman Sachs-Backed Tradeshift Eyes Blockchain After Successful $250 Mln Funding Round
Cloud-based supply chain company Tradeshift said it would push blockchain development with cash it received from its latest funding round Wednesday, May 30.The Series E round, which included Goldman Sachs among its major contributors, was worth $250 mln, bringing the total investment funding to over $400 mln.
$30 Million Crypto Startup Fund Launched By Mobile Game Maker
A maker of mobile games based in Japan has launched a $30 million investment fund focused on cryptocurrencies and blockchain.
EOS Lacks Price Direction Ahead of Mainnet Launch
EOS' move from the ethereum blockchain to its own mainnet is just a couple of days away, yet its native cryptocurrency is looking indecisive on the price charts.
BlockShow in Berlin Sets New Record With Largest Turnout Yet
The BlockShow Europe 2018 conference ended yesterday, May 29, after two days of panels and speakers, including Wikipedia founder Jimmy Wales and BTCC co-founder Bobby Lee.Speaking about the conference, Bobby Lee told Cointelegraph: "I think conferences are important to get the word out there, to educate people and help them learn about cryptocurrency and blockchain. This is how we get on-board the next billion people."
Asus' New Crypto Mining Motherboard Has Space for 20 GPUs
Computer hardware giant Asus has debuted a new product aimed specifically at cryptocurrency miners.
New Report Suggests Average ICO Investor Sees 82% Profit
Recent analysis of Initial Coin Offerings has found that the average ICO investor sees returns of 82 percent, according to report published by the Boston College Carroll School of Management May 20.The 54-page report, titled 'Digital Tulips? Returns to Investors in Initial Coin Offerings,' found evidence of "Significant ICO underpricing" after analyzing a dataset of over 4,000 planned and realized ICOs.
Hackers Demand $1 Million in XRP After Bank Data Theft
Hackers who stole information on thousands of Canadian bank users have demanded $1 million-worth of the cryptocurrency XRP to not release the data trove.
Ethereum Classic Upgrades Network Protocol to Ensure Mining Remains Viable
Ethereum Classic has now successfully implemented a protocol upgrade that will ensure that mining remains viable in future, according to ETC Block Explorer data yesterday, May 29.The fork, dubbed ECIP-1041, has removed the so-called "Difficulty Bomb" feature from the ETC network at block 5,900,000.
Company to Open Mining Centers in Unused Buildings Across Swiss Alps to Reduce Energy Costs
A company believes it has found a way to reduce the impact that blockchain-driven businesses and mining for cryptocurrencies have on the environment: open specialist facilities in the Swiss Alps.According to Swiss Alps Energy AG - or SAE for short - the energy-intensive nature of mining is one of the biggest issues facing the blockchain community today.
Tradeshift Plans Blockchain Push After $250 Million Funding
Supply chain management firm Tradeshift has announced plans to further expand into blockchain following a $250 million Series E funding round led by Goldman Sachs and PSP Investments.
'Layer 2' Blockchain Tech Is an Even Bigger Deal Than You Think
Michael J. Casey is chairman of CoinDesk's advisory board and a senior advisor of blockchain research at MIT's Digital Currency Initiative.
China's President Xi Says Blockchain Part of New 'Technological Revolution'
President of China Xi Jinping openly praised blockchain technology during a speech May 28, as the technology continues to cement itself in the country's future plans.
Korea Seizes Bitcoin Worth $1.4 Million Following Supreme Court Ruling
The South Korean government is moving to confiscate 191 bitcoins seized in a child-porn cybercrime case in which the perpetrator has now been sentenced to jail and a $640,000 fine.
$7,560: Bitcoin Bulls Fight Back, But Too Early to Call Reversal
Bitcoin's bulls have staged a defense after nearly a month of losses, but a short-term bullish trend reversal is not yet confirmed, the technical charts indicate.
Tencent Drives China's Tech Hub to a Blockchain Future
Chinese conglomerate Tencent is aiming to launch a range of distributed ledger technology-based solutions with both taxation and ride-sharing onto the blockchain by partnering with government and local developers.
Indian Telecoms Watchdog to Combat Nuisance Calls with Blockchain
India's telecoms watchdog is planning to leverage blockchain technology to combat nuisance calls and SMS messages.
EOS Is Coming, If Anyone Can Figure Out How to Vote
Still, there are a few videos and blog posts circulating about how the validator voting process will work.