Latest news — Page 1378

Circle has become the latest company in the crypto space to lay off staff, CoinDesk reported.

Craig Wright, the self-proclaimed bitcoin creator, has filed United States copyright registrations for the original bitcoin code and the Satoshi white paper, CoinDesk reported.

Support: 20.98 (21-EMA); Resistance: 25.75 (converged 61.8% Fib and trendline)

Cryptocurrency exchange Kraken has raised more than $6.5 million in a couple of days, Bitcoinist reported.

Support: 7764 (5-DMA); Resistance: 9532 (38.2% Fib)

The Shenzhen Fintech Research Institute is seeking blockchain talent, the institute’s recent job posting has revealed.

Austrian fiber producer Lenzing has announced its plans to use blockchain technology for end-to-end traceability of its fibers.

Support: 86.49 (5-DMA); Resistance: 97.70 (trendline)

The U.S. Securities and Exchange Commission (SEC) has once again deferred its decision on the bitcoin exchange-traded fund (ETF) proposed by VanEck and SolidX.

Support: 10.36 (110-EMA); Resistance: 13.85 (trendline)

Automotive giants General Motors and Honda are teaming up for joint blockchain research focused on electric vehicles and smart grids, Nikkei reported.

The city of Seoul in South Korea is planning to implement blockchain technology in citizen cards, Cointelegraph reported referring to a report from Queen.co.kr.

The United States Internal Revenue Service is currently drafting its first crypto tax guidance since 2014, Commissioner Charles P. Rettig said recently, CoinDesk reported.

The UK Financial Conduct Authority (FCA) has found that the reported number of crypto and foreign exchange scams more than tripled in the last financial year, the Financial Times reported.

Global funds transaction network Calastone has announced that its blockchain-enabled Distributed Market Infrastructure (DMI) is now live.

Support: 344.70 (21-EMA); Resistance: 439.92 (Upper BB)

Support: 229 .24 (1H 200-SMA); Resistance: 261.91 (Upper BB)

Support: 10.9220 (1H 200-SMA); Resistance: 12.4282 (Upper BB)

Inverter manufacturer ABB has rolled out a blockchain pilot to determine how technology can enhance the role of solar energy in peer-to-peer (P2P) energy trading.

Digital currency exchange Coinbase on Friday announced that its Coinbase Earn Program has expanded to more than 100 countries, allowing users to earn while learning cryptocurrencies.

The Securities Commission of The Bahamas (SCB) has proposed a new framework to regulate the issuance and sale of digital tokens to lure blockchain businesses and crypto investments to the island nation.

Facebook has registered a new financial technology company, Libra Networks, in Geneva, Switzerland, on May 2, as shown on Geneva’s commercial register.

Dutch bank ABN Amro announced on Friday that it plans to launch a digital blockchain platform that aims to securely and effectively manage post-trade processing of commodity transactions.

Billon Group’s subsidiary, Billon Solutions, inked a cooperation agreement on Friday with the Centre for Research on Legal Aspects of Blockchain Technology, operating at the Faculty of Law and Administration of the Un…

The European Central Bank (ECB) said that crypto-assets currently do not have any risks or threat to Europe’s economy, according to its May report.

Foreign exchange company FXCM announced on Friday that it will start offering two cryptocurrencies.

Support: 75.14 (21-EMA); Resistance: 84.40 (5-DMA)

ECB official sees more potential in stablecoins than bitcoin An official of the European Central Bank (ECB) recently said that all cryptocurrencies are not created equally, Bloomberg reported. Speaking in Paris this w…

ETH/USD extends retrace from 8-month highs of 281

A number of banking giants are teaming up for a blockchain-based settlement project, Computer World reported May 17.

Support: 6588 (21-EMA); Resistance: 8488 (Jul 24 high)

Leading cryptocurrency exchange Coinbase is in talks to acquire crypto custody provider Xapo for about $50 million, sources familiar with the matter told The Block.

South American crypto startup Ripio has released a trading platform and an over-the-counter (OTC) desk, as reported by Cointelegraph.

Brave, a free and open-source web browser developed by Brave Software Inc., is looking to pull in between $30 million and $50 million at a valuation of around $133 million in a Series A equity round, CoinDesk reported.

Blockchain smartphone maker Sirin Labs has announced that FINNEY users can now purchase cryptocurrencies with a credit card directly through the smartphone.

Poloniex, one of the world’s largest and most popular cryptocurrency market platforms, announced that it will stop offering nine coins in the United States, according to a blog post.

Cryptocurrency exchange Bitfinex announced on Thursday that a New York Supreme Court judge has granted its motion to modify an injunction obtained by the New York Attorney General (NYAG).

The European Central Bank and the National Bank of Belgium have issued a call for papers, including those focused on blockchain and cryptocurrencies, for a payments innovation conference to be held on 26 and 27 Novemb…

LVMH, a French multinational luxury goods conglomerate which owns brands like Louis Vuitton and Christian Dior, in collaboration with ConsenSys and Microsoft, has formed blockchain consortium targeted at the luxury in…

Many technology industry lobby groups and fintech startups have urged the Reserve Bank of India (RBI) to include cryptocurrency and other related crypto-assets in the regulatory sandbox framework, the Economic Times r…