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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Banks and Cryptocurrencies Global Evaluation: Africa
Bitcoin's appeal is in large part due to its accessibility and inclusivity, but the trust-free component of using cryptocurrencies also resolves the long standing issue of Africans' distrust of banks on online payment platforms.
Blockstack Fund to Give Crypto Social Networks $1 Million Boost
Decentralized web developer Blockstack has earmarked $1 million to fund decentralized social networks projects, the company announced on Thursday.
China Will Issue Blockchain 'Standards' In 2019, Says Gov't Official
China will seek to release nationwide blockchain standards by the end of 2019, a government official told local news media May 10.
Bank Of America CTO Calls Bitcoin 'Troubling', Reconfirms Credit Card Purchase Ban
Bank of America doubled down on its decision to stop customers buying Bitcoin with its credit cards May 10.
Australia: Gov't Considering Blockchain For Trade Supply Chains
The Australian government is considering a framework governing emerging technologies such as blockchain in order to transform trade, an official said May 10.
Ebay for CryptoKitties Raises $2 Million from All-Star VCs
The ethereum-based decentralized application for buying, selling and breeding digital cats was a quick hit within the community, launching in November last year and peaking in December, when the game nearly brought the ethereum blockchain to a halt as it tried to deal with a significant increase in transactions.
KODAKCoin Fundraising to Begin Later This Month
A sale of Simple Agreements for Future Tokens for KODAKCoin - the forthcoming digital rights token bearing the name of imaging company Kodak - is set to begin later this month.
Kin Plans to Keep Ethereum Token, But Fork Stellar Blockchain To Avoid Scalability Issues
Developers of Kin, the altcoin that facilitates transactions within the Kik ecosystem, are planning a fork from Stellar to steer clear of potential issues of scalability and high transaction fees.
Australian Government Airs Blockchain Plan for Trade Modernization
Australia's Department of Home Affairs is looking to blockchain technology to provide secure and transparent international trade supply chain management.
Ethereum 'Stakeholders' Meet To Discuss Governance, Without Vitalik Buterin's Involvement
Ethereum co-founder Vitalik Buterin has said he did not attend nor give "Permission" for approval of a roadmap cementing "Governance" this week.
Drop to $9K Still in Play Despite Brief Bitcoin Rally
Despite a brief rally yesterday, bitcoin is still in corrective mode and risks falling back below $9,000, chart analysis suggests.
Ethereum Founder Provides Updates on the Progress of Casper After Community Development Conference
Last week, the Community Ethereum Development Conference wrapped up, and Ethereum co-founder, Vitalik Buterin, provided significant updates on the progress of Casper, the Proof of Stake consensus protocol that is expected to propel the future of Ethereum.
Venture Capitalist 'Disciple' of Buffett Condemns His Views On Bitcoin
Venture capitalist Chamath Palihapitiya has countered billionaire Warren Buffett's recent derogatory statements on bitcoin, stating that the cryptocurrency is "Important."
Investment Advisor Morgan Creek Tokenizes Tech Company's Paper Shares
Morgan Creek Blockchain Capital is tokenizing a private company's equity, turning its existing shares into new security tokens.
Technical Analysis: EOS, Cardano, NEO, IOTA and TRON
Taking a look at the cloud, we see the Lagging Span above price, and a bullish Senkou Span cross.
Colorado Blockchain Bill Voted Down In State Senate
HB 1426, a piece of state legislation that would have created guidelines for identifying "Open blockchain tokens" as securities, was voted down in the Colorado state Senate on May 9, according to public records.
JP Morgan's New DLT Lead: We're Not Done With Blockchain Innovation
As JP Morgan Chase's new blockchain lead, Christine Moy has big shoes to fill.
Winklevoss Twins Acquire Patent for Cryptocurrency Exchange Traded Products
As the sentiment of major investment firms begins to shift, the demand for derivative-based cryptocurrency investments has seen rapid growth.
US: West Virginia Completes First Blockchain-Supported State Elections
Polls closed in West Virginia's primary election May 8, completing the first government-run, blockchain-supported vote in US history, ETHNews reported May 9.
Ethereum's EIP:0 Attendees Commit to Governance Plan
Several stakeholders in the ethereum community have pledged support for a governance plan produced by attendees of the EIP:0 Summit.
Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin Show Signs of Recovery After Recent Downward Spirals
Following a 72-hour period of descension for most cryptocurrencies, assets such Bitcoin, Ethereum, and Bitcoin Cash are showing signs of potential recovery, while Litecoin and Ripple are taking longer to reascend.
Survey: 30% Of Financial Executives To Commit Resources To Blockchain
The Financial Executives Research Foundation has released a report prepared in partnership with one of the 'Big Four' accounting and consulting firms Deloitte, on how blockchain technology is being employed in financial applications, Accounting Today reported May 9.The report entitled "Blockchain for Financial Leaders: Opportunity vs. Reality" analyzes how blockchain could affect financial reporting, staffing, and other areas essential to executives.
Mike Novogratz and Bloomberg Team Up to Create the First Institutional-Grade Benchmark for Crypto Market
Bloomberg announced today that they are teaming up with Galaxy Digital Capital Management, founded by Michael Novogratz, to create the Bloomberg Galaxy Crypto Index.
Chinese Social App WeChat Suspends Third-party Blockchain App
WeChat, a Chinese messaging, social media, and payment application developed by Tencent, has suspended a third-party blockchain application that initiates contract agreements by app users, local news outlet Caijing reported May 9.Xiao Xieyi, a mini-program launched on Wednesday, was promoted as a service to allow users on WeChat to create contract agreements and a unique social media ID using blockchain technology.
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, IOTA, EOS: Price Analysis, May 09
Currently, the BTC/USD pair has again pulled back above the $9,000 levels, which is a positive development.
New Report On Crypto Ownership Shows 'Majority Of Early Adopters Already On Board'
The report shows differences in crypto ownership and knowledge along lines of education, gender, and nationality.
Zcash Privacy Weakened by Certain Behaviors, Researchers Say
Researchers have identified patterns in certain kinds of zcash transactions that weaken their anonymity, according to a paper published Tuesday.
South Korean Exchange Coinone Leverages Ripple Technology in New Cross-Border Payment System
One of the largest cryptocurrency exchanges in South Korea has recently announced it intends to implement Ripple technology in a new cross-border payments solution.
Messaging Giant WeChat Suspends Third-Party Blockchain App
China's most popular messaging application, WeChat, has frozen a third-party blockchain application designed to introduce the nascent technology to a wide user base.
This Blockchain Tosses Blocks: Naval, MetaStable Back Twist on Crypto 'Cash'
"What attracted me was a small, scalable blockchain that's still independently verifiable on small nodes," Ravikant told CoinDesk.