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Australian consumers lost more than $2.1 million to cryptocurrency scams in 2017, the country's Competition and Consumer Commission says.

The Mitsubishi UFJ Financial Group has partnered with major U.S.-based cloud delivery platform Akamai Technologies to release a global payment network based on blockchain, Cointelegraph Japan reports today, May 21.

If a series of high-profile vulnerabilities weren't enough to persuade you that today's smart contracts are insecure, a group of computer scientists that have been researching the tech since the 1980s just might.

Since the beginning of the ICO fervor in early 2017, cryptocurrency investing became a worldwide trend - making and toppling millionaires each day.

An "International crackdown" on cryptocurrency scams was launched Monday by a group of securities regulators in Canada and the United States.

Poland's Ministry of Finance will temporarily suspend tax collection for cryptocurrencies, the Polish Press Agency reported May 18.

Bitcoin hogged the limelight in the cryptocurrency markets last week as it fell to one-month lows below $8,000.

Bank of Tokyo-Mitsubishi UFJ, one of the world's five largest banks, confirmed it is currently working toward its own cryptocurrency launch.

Canaan Creative, one of the biggest manufacturers of bitcoin mining chips and devices, has filed for an initial public offering with the Stock Exchange of Hong Kong.

Bitcoin.com's CEO Roger Ver and COO Mate Tokay have become advisors to a fintech startup MoneyToken, as reported in MoneyToken's announcement.

On Hainan Island, China's Hawaii, in the shadow of sanctions, tit-for-tat tariffs and a looming trade war, China's paramount leader stood up for globalization last month by launching a surprise defense of world trade.

A major Blockchain Industry White Paper published by China's Ministry of Industry and Information Technology reveals that the domestic blockchain industry saw "Exponential" growth in 2017, according to a ministry press release today, May 21.The 157-page report shows that 178 new blockchain startups were launched in China in 2017, bringing the total number to 456.

UK trading platform LMAX has announced its entrance into the cryptocurrency market, launching an exchange targeting institutional investors, Financial Times reports today, May 21.

The state of Colorado could soon allow political committees to accept contributions in cryptocurrency.

The Oyster team plans to release another token known as Oyster Shell.

The outgoing CEO of OKEx crypto exchange has joined rival exchange Huobi just days after resigning from his former post, Cointelegraph Japan reports today, May 21.

Chris Lee, the former CEO of Hong Kong-based crypto exchange OKEx, has announced he is joining rival platform Huobi as its vice president of global business development.

VeChain's VEN token rose 5% after an announcement from the VeChain Foundation unveiling a new development plan and whitepaper.

Bitcoin has bounced back above $8,500, but the rally is not backed by decent trading volumes, the technical charts indicate.

Nearly 40 percent of all Chinese blockchain startups emerged in 2017 alone, according to a new white paper published by China's Ministry of Industry and Information Technology.

Michael J. Casey is the chairman of CoinDesk's advisory board and a senior advisor of blockchain research at MIT's Digital Currency Initiative.

Decentralized digital content entertainment platform and Ethereum competitor TRON's TRX token has surged by over 19% in the last 24 hours as positive market sentiment gathers momentum ahead of the impending TRON mainnet launch.

The difficult thing about the cryptographic and economic systems behind blockchains is that there is an intricate balance within the ecosystem that is difficult to maintain at larger scales.

It's an odd situation, because while businesses in the blockchain sector are already empirically.

Looking at the cloud, we see that $8,000 was the bottom of a flat cloud.

The Ethereum distributed app ecosystem is currently experiencing explosive growth, with Etherueum dApps capturing over $7.5 million USD across 500 different applications and 11,000 users in the last 24 hours.

Many governments are worried about the mass adoption of cryptocurrencies and hence are considering the merits of creating a central bank digital currency.

The thriving prevalence of cryptocurrency investing has become a topic unavoidable by regulatory agencies worldwide.

Jack Ma, executive chairman and founder of Chinese tech juggernaut Alibaba, stated while he's bullish about blockchain technology, Bitcoin is in a bubble.

May 20: Crypto markets saw some growth over the past 24 hours, with all of the top ten cryptocurrencies listed on Coinmarketcap currently in the green and total market capitalization approaching $392 bln.