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Find the latest, and the most interesting, cryptocurrency news collected from around the net.

Omniex Appoints Former SEC and FDIC Execs to Board of Advisors
Institution-oriented crypto trading platform Omniex has expanded its staff with high profile experts, including former execs of major U.S. financial regulators, according to a press release Aug. 7.
Bitmain Hits $15 Billion Valuation With Recent Backing From Uber's Largest Shareholder
Bitcoin mining behemoth Bitmain is now valued at $15 billion after closing a pre-Initial Public Offering funding round with backing from high-profile investors, QQ News reported August 4.
Answering Vitalik Buterin's 7 Hard Questions For the Blockchain World Part 7: Fundamentally Flawed Governance
Ethereum co-founder Vitalik Buterin put forward a series of open questions to the cryptocurrency community in a recent discussion with Mars Finance International WeChat group, postulating seven issues present within the blockchain ecosystem.
Bounty Hunt Gone Wrong: 'Unhackable' Wallet Bitfi Denies It Has Been Hacked
In July, cryptocurrency hardware wallet manufacturer Bitfi's executive chairman, John McAfee, claimed that Bitfi was "The world's first unhackable device," urging security experts to breach its security for a $100,000 bounty.
Chamber of Digital Commerce Report, Reviewed
On July 30, the Chamber of Digital Commerce Token Alliance published a 108-page collaborative report of proposed guidelines for the "Responsible growth" of the cryptocurrency market.
Bitcoin Becoming Preferred Payment Method of $60 Billion Art Market
Since mid-2017, the art market, worth more than $60 billion, has seen an increase in Bitcoin as an alternative payment method to wire transfers.
SEC Delays VanEck-SolidX Bitcoin ETF Decision to September
The U.S. Securities and Exchange Commission has delayed a decision on a proposed bitcoin ETF, pushing its final determination ahead by more than a month.
KB Financial Group Report Finds Only 2% of South Koreans Interested in Crypto Investing
South Korean financial holding company KB Financial Group Inc. has released an Aug. 6 report on crypto investments in 2018, finding the majority of domestic respondents revealed no intention to invest in crypto.
Ukraine Election Official Launches Voting Trial Using NEM's Blockchain
A member of the Ukraine Central Election Commission is investigating the use of blockchain in elections.
Here's the Bitcoin ETF Presentation SolidX Gave to the SEC Last Week
The Securities and Exchange Commission recently published a presentation given to agency staffers by crypto startup SolidX in late July, a move that comes days ahead of an expected decision on its bitcoin exchange-traded fund.
Bitcoin Posts Solid Gains to Break Above $7,000 While Altcoins See Green
Bitcoin has seen solid growth to break back above the $7,000 mark today, August 7.
Coinbase Is Boosting Its Crypto Buying Limit to $25K a Day
Cryptocurrency startup Coinbase will boost its daily purchase limits and allow for "Instant" trading following user bank transfers, the company announced Tuesday.
Goldman Sachs CEO: 'It's Arrogant to Deny Cryptocurrency'
On Aug. 6, Goldman Sachs CEO, Lloyd Blankfein, shared his thoughts on cryptocurrency during an interview with the Economic Club of New York.Cryptocurrency Could Be the Next Evolution in Cash.
Researchers Discover Huge Crypto Scam Botnet on Twitter
Researchers have uncovered a huge botnet that mimics legitimate accounts on Twitter to spread a cryptocurrency "Giveaway" scam.
UK Financial Authority Creates Global Alliance for Fintech Innovation Collaboration
The UK Financial Conduct Authority has announced the creation of a global initiative to improve collaboration on fintech innovations - like blockchain - between regulators and companies, according to an official August 7 press release.
South Korean Biotech Firm to Use Blockchain for Genomic Big Data Ecosystem
Public South Korean biotech enterprise Macrogen, the country's leading gene sequencing service provider, is developing a genomic big data blockchain-based platform together with local tech firm Bigster, according to an August 6 press release.
US DEA: Criminal Activity in Cryptocurrency Has Dropped 80 Percent Since 2013
An agent of the U.S. Drug Enforcement Administration has noted that Bitcoin's role in crimes has dropped to just 10 percent of transactions, while transactions themselves have "Grown tremendously," Bloomberg reports August 7.
Fundstrat's Tom Lee: Bitcoin Misery Index Indicators Show the Crypto 'Isn't Broken'
Bitcoin "Isn't broken" if it's holding at the current price and volatility levels, Fundstrat's Tom Lee said to CNBC's "Fast Money" on August 6.
Millennials, Gen Z Look to Diversify Investment Options with Cryptocurrency
An inordinate number of Millennials are looking to line their pockets, or rather their investment portfolios, with cryptocurrencies, according to a recent study conducted by blockchain technology investment firm, Sustany Capital.
New Blockchain App Claims Its Already Tracking 760,000 Diamonds
A subsidiary of China's first web-only insurer, ZhongAn Insurance, says it has put the data of 760,000 diamonds on a blockchain.
Swiss Bank Maerki Baumann to Become Second in Country to Accept Cryptocurrency Assets
The Maerki Baumann private bank will become the second Swiss bank to accept cryptocurrency assets, financial news outlet International Investment reports August 6.
Barclays Denies Crypto Products as Staff Removes 'Digital Asset Project' LinkedIn Info
UK-based bank Barclays has denied it is working on cryptocurrency products despite two employees removing LinkedIn evidence they were doing so after receiving mainstream media attention, Business Insider reports August 6.
Ethereum-Powered Insurer Nexus Is Winning Over Blockchain Skeptics
Nexus is one of a handful of blockchain startups, at various stages of development, aiming to use the technology for this purpose.
Goldman Sachs Explores Custody Offering for Crypto Funds
Earlier this year, Goldman Sachs confirmed plans to launch a Bitcoin futures trading desk to meet rising client demand.
Bitcoin Price Eyes $7.4K After Defense of Key Support
Bitcoin looks primed for a minor rally, having defended a key moving average support in the last 72 hours, technical charts indicate.
Coinbase Hires Former AWS and Microsoft Employee Tim Wagner as New VP of Engineering
Former Amazon Web Services and Microsoft employee Tim Wagner has joined Coinbase as vice president of engineering, according to a blogpost August 6.
Bitcoin Mining Giant Bitmain to Invest $500 Million in Texas Data and Mining Facility
Bitcoin mining firm Bitmain will build a $500 million blockchain data center and mining facility in Texas as part of its expansion into the U.S. market, the company revealed in a press release August 6.
West Virginia Offers Overseas Residents Blockchain Voting Option for Midterm Elections
U.S. troops serving overseas will be able to use a smartphone app based on blockchain technology for casting federal election ballots in West Virginia this November, CNN reports August 6.
Ohio Becomes Latest US State to Legally Recognize Blockchain Data
Ohio has become the latest U.S. state to legally recognize data stored and transacted on a blockchain.
Bithumb Crypto Exchange Re-opens Deposits and Withdrawals
In mid-June 2018 Bithumb was hacked for $31 million worth of cryptocurrency and subsequently halted all withdrawal and deposit services.
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