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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
U.S. Court Rules Money Laundering-Related Case Against Coinbase Must Have Public Trial
A U.S. federal court has ruled that law firm Silver Miller's money laundering-related class action lawsuit against crypto exchange and wallet Coinbase must be held in open court as opposed to a private arbitration boardroom, Silver Miller attorney David Silver told Cointelegraph in an email today, April 23.
Ethereum Devs Publish Upgrade Proposal To Move Network Away From Mining-Related Issues
Developers of Ethereum, the largest altcoin by market capitalization, have published Ethereum Improvement Proposal #1011 on Friday, April 20, to create a hybrid system of consensus that seeks to push the network away from issues associated with crypto mining.
SEC's New Cyber Unit Tasked with Blockchain Securities Fraud
The SEC has recently created a Cyber Unit focused on investigating digital misconduct and fraud to protect retail investors.
Chinese Gov't Reiterates Strict Stance On Crypto, Focuses On Illegal Fundraising
The Chinese government has recently reiterated its negative stance towards Initial Coins Offerings and cryptocurrency exchanges at a news conference in Beijing, claiming that financial authorities will continue to monitor private lenders' interest rates, securities companies, and futures firms to combat illegal fundraising, Reuters reports April 23.
Coinbase-Cryptsy Lawsuit Will Head to Jury Trial
Coinbase has lost another appeal in a lawsuit brought by former customers of the defunct cryptocurrency exchange Cryptsy, and the case will now proceed to a jury trial.
Indian Exchange Coinsecure Prepares Customer Claims Process Following $3.5 mln Theft
Indian Bitcoin exchange Coinsecure says it has started work on the claims process for customer funds lost in the theft of 438 BTC from the exchange's wallet earlier this month, in an update posted on its website April 21.
Total Crypto Market Cap Hits 7-Week High At $400 Bln, BTC Holds Near $9K
The crypto market is continuing to grow with only slight dips today, April 23, as Bitcoin remains close to $9,000 after two weeks of gains and total market cap hits a 7-week high, according to data from CoinMarketCap.
How British Financial Regulator Creates A Foundation For UK Cryptocurrency Adoption
Traditional financial institutions and big banks in the UK haven't been overly supportive of cryptocurrencies over the years, but change could be on the horizon.
Goldman Sachs Hires Crypto Trader As VP Of Digital Assets 'In Response To Client Interest'
Goldman Sachs has hired crypto trader Justin Schmidt as vice president of digital asset markets of their securities division in order to help clients navigate cryptocurrencies, Bloomberg reports today, April 23.
$125 Million: Orchid Is Raising One of 2018's Biggest Token Sales
Orchid Labs is raising $125 million in a SAFT sale, filings from the Securities and Exchange Commission reveal.
Circle Doubles Minimum Bitcoin Trade To $500K As CEO Says Volumes Will Rise
The over-the-counter trading platform of Goldman Sachs-backed financial services startup Circle doubled its minimum Bitcoin trade amount to $500,000 amid what it calls a "Robust market", Business Insider reports Monday, April 23.
Amber Baldet: Blockchain Alone Isn't A Privacy Cure-All
Blockchain "Maximalism" will not solve internet privacy concerns, Amber Baldet said on Monday.
California Bill Would Legally Recognize Blockchain Stocks
California could become the next U.S. state that allows companies to store data - including information about stockholders - on a blockchain.
Shenzhen, China Backs $79 Million Fund To Support City's Blockchain Startups
The launch of a 500 mln yuan Blockchain venture capital fund for Chinese city Shenzhen was announced at a Blockchain Expo held in the city, local news outlet Sohu reported yesterday, April 22.
Ethereum More Decentralized Than Bitcoin According to University Study
Emin Gun Sirer, Professor of Computer Sciences at Cornell University, said at the Genesis London Conference earlier this year that "Ethereum delivers a higher-degree of decentralization than Bitcoin".
Iceland: $2 Mln Bitcoin Mining Theft Suspect Vows To Return Home After Fleeing To Sweden
The Icelandic man who allegedly stole Bitcoin mining hardware worth $2 mln vowed to return home in a statement reported by local news media outlet Fréttablaðið April 20.
Overbought? Bitcoin Cash Looks Extended After 80% Gain
The world's fourth largest cryptocurrency looks overbought and due for a pullback.
Indian High Court to Hear Case Against Central Bank Crypto Ban
The High Court of Delhi has issued a notice to India's central bank over its order barring banks from engaging with cryptocurrency services, following a petition from a bitcoin exchange operator.
Former US Gov't Regulator Considers ETH, XRP Likely 'Noncompliant Securities'
Former Goldman Sachs partner and government regulator Gary Gensler believes that altcoins Ethereum and Ripple should likely be considered unregistered securities, The New York Times reported Sunday, April 22.
Iran Said to Bar Banks from Bitcoin Market
Iran's financial businesses should not deal in bitcoin or other cryptocurrencies, according to the country's central bank and one of its principal market regulators.
Messaging Giant Line to Support Dapps on Own Blockchain
Line, the Japan-based messaging app provider, is planning to build a custom blockchain aimed to boost development of decentralized apps for its platform.
Locked Out of Coinbase: Why Are Wyoming's Bitcoin Users Still Waiting?
For over two years, Coinbase users in Wyoming have been unable access their cryptocurrency.
Another Chinese City Is Backing a Big Blockchain Investment Fund
The city government of Shenzhen, China, is backing a dedicated blockchain investment fund, soon after Hangzhou city supported a similar effort.
Central Bank Of Iran Bans Banks From Crypto Dealings
The central bank of Iran has banned domestic banks and other financial institutions from dealing in cryptocurrencies, citing money-laundering concerns first raised in a circular from December 2017, Reuters reported Sunday, April 22.
Bitcoin Struggles Above $9K as Bull Breakout Stalls
Having witnessed a major bullish breakout, bitcoin is now struggling to find acceptance above the $9,000 mark.
Softbank Wants to Cut Carbon Emissions with Green Energy Blockchain
In bid to reduce carbon emissions, a group of Japanese technology and energy firms is launching a pilot project aimed to allow consumers in rural areas to trade renewable energy over a blockchain-based platform.
Down Not Out: Revived Tezos Team Predicts Mega-ICO Will Launch In 2018
Tezos, the blockchain project backed by the largest ever initial coin offering at the time of its 2017 launch, hasn't exactly been able to translate its hype into success as yet.
Crypto Week in Review: Bitcoin, Ethereum, Ripple and Litecoin Up Double Digits Over Past Week
As the week closes, we reflect on some of the maneuvers in the crypto arena that have seemingly placed most major digital currencies in the green after a somewhat shaky start to the week.
Major UAE Bank Implements Blockchain Tech To Prevent Check Fraud
The National Bank of Dubai, one of the largest banking groups in the Middle East by assets volume, has reportedly become the first bank in the region to successfully implement Blockchain technology in a check-issuance system to prevent fraud, local news outlet Arabian Business reported Saturday, April 21.
Blockchain Platform Signs Deals To Boost Profitability Of Social Media Influencers
A Blockchain-based platform which aims to boost the earnings of social media influencers by eliminating their reliance on middlemen has forged several new partnerships ahead of its launch.