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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
The SEC's Hester Peirce Isn't a Bitcoin Champion, Just a Regulatory Realist
Regulators like the Securities and Exchange Commission shouldn't be acting as gatekeepers to new technologies like bitcoin, according to Commissioner Hester Peirce.
Bitcoin Drifts Down as Price Breaks Below Key $7.8K Support
At press time, BTC is changing hands at $7,536 on Bitfinex, down 6.9 percent on the day, a figure that also finds the price breaking a. key support level at $7,800.
PwC: Among Digital Assets, Only Digital Currencies 'Can Really Be Used at Present'
A PwC Switzerland executive said that among the various types of digital asset, only digital currencies are can reasonably be used at present, according to a post on the PwC website July 31.
One Year Later, A Wave of Apps Is Emerging on Bitcoin Cash
Since many of bitcoin's most active developers were adamantly against the tweaks bitcoin cash stood for, the developers behind the alternative protocol see these apps as proof their offering is competitive.
Korean Authorities Investigate Alleged Crypto Scam That Promised Investors Shipwreck Gold
South Korean authorities are investigating a possible crypto investment scam involving the Seoul-based Shinil Group as the key figure, Korea JoongAng Daily reported July 31.
In Its First Public Acquisition, Binance Buys Decentralized Trust Wallet
Major crypto exchange Binance has made its first public acquisition, having bought Trust Wallet, according to an announcement July 31.
Asset Management Firm Northern Trust to Start Crypto Custody Business
Northern Trust Corp., a leading global asset management firm with $954 billion in total assets under management, is planning to start a custody service for digital assets, Bloomberg reported July 31.
Why Tokenization Is Still a Chimera: Expert Take
Tokenization is nothing new The term "Tokenization" is mainly associated with securities, equities and real assets, and it indicates the creation of a digital token which represents ownership rights of the underlying assets and which is issued on a blockchain.
Stellar Cryptocurrency Lives Up to Name With 40% July Gains
Bitcoin's 26 percent rally left many a cryptocurrency in the dust over the course of July.
Ripple Partners With Madonna to Fundraise for Orphans in Malawi
Cryptocurrency payments startup Ripple is partnering with Madonna to raise funds for orphans in the African nation of Malawi.
Forrester Research: 90% of Blockchain Initiatives by US Firms Will Never Become Operational
About 90 percent of currently active U.S. companies' blockchain initiatives will ultimately be abandoned.
Korean Officials Probe Shipwreck ICO for Possible Fraud
Korean police are investigating a cryptocurrency startup claiming to be selling treasure from a sunken ship, the Korea Joongang Daily reported Tuesday.
US Lawmakers Seek Blockchain Solution in Fight Against Fungal Disease
A group of U.S. lawmakers has proposed the creation of a blockchain pilot as part of a wider effort to combat infectious fungal diseases.
Nobel Prize Winning Economist Paul Krugman Expresses Skepticism About Crypto, Predicts Collapse
Nobel Prize winning economist Paul Krugman has expressed his skepticism about the value of cryptocurrencies in a New York Times Opinion piece published July 31.
Former US President Bill Clinton to Give Keynote Speech at Ripple's Fall Tech Conference
Ripple's global payments tech conference, Swell, will start off this fall with a keynote speech from 42nd President of the United States Bill Clinton, according to Ripple's July 31 blog post.
Ripple Taps Bill Clinton to Give Keynote at Upcoming Conference
Former U.S. President Bill Clinton will headline Ripple's Swell conference later this year, the cryptocurrency payments startup announced Tuesday.
KPMG Report: US Blockchain Investment in 2018 to Date has Outstripped 2017's Total
Fresh analysis from KPMG shows that blockchain investment in the U.S. in the first half of 2018 has exceeded the overall total seen in 2017, according to its biannual "The Pulse of Fintech" report released today, July 31.
Audit Firm to Build a Bug Prediction Market for Smart Contracts
Ethereum-based startup Solidified is developing a decentralized, smart contract audit platform, aiming to make the process easier to arrange and to provide a transparent and accountable metric of smart contract security.
Binance Acquires Anonymous Mobile Wallet for Ethereum Tokens
Cryptocurrency exchange Binance has acquired mobile ethereum wallet Trust Wallet, the startups announced Tuesday.
Will Blockchain Protect the World Economy from Financial Crises?
At least that's what many crypto visionaries and financial experts often claim - the latest being Pang Huadong, the former vice president of North American investment banking for J.P. Morgan Chase.
Steam Yanks Game From Marketplace Over Crypto Mining Allegations
Video game marketplace Steam removed an alleged crypto miner from its platform Monday amid user complaints, Motherboard reported.
Former Pershing Exec Jeff Horowitz Joins Coinbase as Chief Compliance Officer
Major U.S. cryptocurrency wallet and exchange Coinbase announced in a July 31 blog post that ex-Pershing exec Jeff Horowitz will join the company as its Chief Compliance Officer.
Bitcoin Price Hits One-Week Low In Drop Below $8K
The price of bitcoin fell below $8,000 for the fourth time in seven days as the cryptocurrency's value sank to its lowest level since July 24th. As of press time, the world's largest cryptocurrency by market capitalization is averaging $7,764.
Australian Bank Utilizes Ethereum for Cross-Border Shipments
A 17-ton, cross-border container of almonds was successfully transported from Australia to Germany utilizing the Ethereum blockchain, in a collaborative move between Commonwealth Bank of Australia and five logistics organizations.
New Ripple-Based Decentralized Exchange Launches in San Francisco
A new Ripple-based decentralized crypto marketplace, DCEX, has now opened registration for retail and institutional accounts, according to a press release published July 30.
China's Government Censorship Agency Is Hiring a Crypto Expert
The state-level Chinese government agency responsible for censoring media output in the country may soon have a cryptographer on the payroll - and with expertise in blockchain technology.
Bitcoin Dips Below $8,000 Amid Market-Wide Losses
July 31: Crypto assets are posting market-wide losses on the day, with Bitcoin dipping back below the $8,000 psychological price point and virtually all coins in the red, according to data from Coin360.
Fintech Firm Billon Partners With FIS to Explore Blockchain Tech Solutions
UK fintech firm Billon has signed a letter of intent with international financial services tech provider Fidelity National Information Services Inc. to integrate blockchain tech solutions, according to a July 31 press release.
Thomson Reuters Is Adding 50 Crypto Assets to Finance Data Feed
"Despite the decline in the price of many of the leading cryptocurrencies during 2018, we continue to see increasing demand from our customers for pricing coverage of the major names. ... This partnership puts pricing data for this emerging market alongside other asset classes, giving our customers a more comprehensive trading view in Eikon."
Sky Mining CEO Disappears With $35 Million, Claims Medical Issues
The CEO of Vietnam-based mining platform Sky Mining has allegedly disappeared with over $35 million in company and investor funds, claiming that medical issues have required him to temporarily leave the country.