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LATEST CRYPTO & BLOCKCHAIN NEWS FROM AROUND THE WEB

Ominent’s crypto news section is providing the latest cryptocurrency, ICO and blockchain news, including Bitcoin, Ethereum, Litecoin, Ripple.

Bitfinex’s Parent Company Has a New Offshore Services Provider
iFinex, the parent company of Bitfinex, has parted ways with its old offshore services provider for a new firm. [ ... ] read more
Found on: CoindeskPublished on: 2018-11-16By David Floyd
51 mins ago

Battle of BCash: McAfee Nails His Colors to the Mast
In the ongoing battle of Bitcoin Cash, John McAfee has taken to Twitter pledging his allegiance to Jihan Wu. Wu, along with Roger Ver, is one of the main proponents of the ABC version of BCash. Pledge of Allegiance In the modern world, ‘Pledge of Allegiance’ would’ve been a colorful and playful way to describe someone confirming their stance. In the [ ... ] read more
Found on: BitcoinistPublished on: 2018-11-16By Emilio Janus
59 mins ago

Stablecoins Demand More Trust than Fiat Currency
This article about the problem with stablecoins was written by Kevin Murcko, the CEO at cryptocurrency exchange, CoinMetro, and forex broker, FXPIG. Stablecoins — digital coins which peg their value rigidly to the dollar, the euro, or a collage of national currencies — are all the rage right now. Tether, in particular, is on everyone’s lips. In fact, it’s one [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-11-16By OP-ED
3 hours ago

Nvidia Q3 Results Reveal ‘Crypto Hangover’ Due to Disappearance of Miner Sales
U.S.-based GPU manufacturer Nvidia released its Q3 earnings report today, revealing a “crypto hangover” from disappearing demand among crypto miners [ ... ] read more
Found on: CointelegraphPublished on: 2018-11-16By Cointelegraph By Ana Alexandre
4 hours ago

Coinbase-Backed Startup Releases Home Cryptocurrency Miner
A startup backed by Coinbase and Arrington Ventures has launched a cryptocurrency miner for domestic use. The new device, however, won’t be powerful enough to mine Bitcoin (BTC). Mass-Market Appeal Coinmine — a startup ran by computer scientist Farb Nivi and industrial designer Justin Lambert — has taken the challenge to bring cryptocurrency mining to the masses. They’re set to release [ ... ] read more
Found on: BitcoinistPublished on: 2018-11-16By Georgi Georgiev
4 hours ago

OmiseGo Partners With Singapore Ride Hailing App to Trial Blockchain Solutions
OmiseGo, a payment platform based on the Ethereum blockchain, will develop a Proof-of-Concept with Singaporean decentralized ride hailing app TADA [ ... ] read more
Found on: CointelegraphPublished on: 2018-11-16By Cointelegraph By Ana Berman
4 hours ago

Japanese Regulator Unveils Plan to Regulate Cryptocurrency Wallet Services
Japan’s top financial regulator, the Financial Services Agency, has unveiled a plan to regulate cryptocurrency wallet services. The regulator has put forward a number of regulatory measures as well as proposing how to implement them. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space The Plan The Financial Services Agency (FSA) held its ninth cryptocurrency study group meeting on Monday. [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-11-16By Kevin Helms
5 hours ago

Report: Application for Chinese Crypto Miner Canaan’s $400 Mln IPO Lapses
The IPO application of crypto mining hardware manufacturer Canaan has expired amid questions from regulators about the firm’s business model [ ... ] read more
Found on: CointelegraphPublished on: 2018-11-16By Cointelegraph By Ana Alexandre
5 hours ago

French Financial Markets Regulator Estimates ICOs Have Raised $21.9B Globally Since 2014
France’s financial markets regulator, the Autorité des marchés financiers (AMF), has published a report examining trends relating to initial coin offerings. The AMF describes ICOs as a “marginal” method of financing, estimating that the global ICO industry has raised €19.4 billion ($21.9 billion) since 2014. Also Read: Russian Developers to Help Iran Build Its Crypto-Economy Significant Centralization of Capital The AMF report [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-11-16By Samuel Haig
7 hours ago

Swedish County Battles with Unpaid Electricity Bills Left by Bitcoin Mining Companies
The Swedish county of Norrbotten has seen the failure of not one, but two recent cryptocurrency mining initiatives, has two companies have disappeared leaving millions in unpaid electricity bills, Sverige Radio reported on November 13, 2018. Crypto Mining in Sweden Stalls as Companies Bail The prolonged bear market of 2018 appears to have affected two cryptocurrency mining operations in the...Read [ ... ] read more
Found on: BTCmanagerPublished on: 2018-11-16By Priyeshu Garg
7 hours ago

The Only Regulated Bitcoin Exchange in Germany Will Become A Bank in 2019
The operator of Germany’s only regulated cryptocurrency exchange has confirmed it will de facto become a bank after securing a 100 percent takeover of Tremmel Wertpapierhandelsbank. Bitcoin.de Buys Tremmel Wertpapierhandelsbank Bitcoin Group SE, which operates Bitcoin.de, will be able to offer a raft of services connected with cryptocurrency thanks to a banking license once the deal goes through. Frankfurt-based Tremmel [ ... ] read more
Found on: BitcoinistPublished on: 2018-11-16By Esther Kim
7 hours ago

Hours After Bitcoin Cash Network Update Begins, Bitcoin ABC Over 10 Blocks Ahead
Hours after the Bitcoin Cash upgrade started, the Bitcoin ABC camp is leading in terms of hash rate and blocks [ ... ] read more
Found on: CointelegraphPublished on: 2018-11-16By Cointelegraph By Ana Alexandre
7 hours ago

Curated blockchain and cryptocurrency news – Week 45
Welcome back to another week of our collection of the most interesting cryptocurrency and blockchain news stories. Google gets hacked on Twitter, Social good campaigns, a headmaster gets busted for stealing electricity to mine ETH, blockchain voting apps, an island state looking to create their own national cryptocurrency and more in this week’s cryptocurrency and blockchain news update. November 8th [ ... ] read more
Found on: CryptoNewsPublished on: 2018-11-16By Zoran Spirkovski
7 hours ago

What We Know About Bitcoin Cash’s Two Blockchains
The bitcoin cash blockchain officially split today into two competing networks – but the story seems to be far from over. [ ... ] read more
Found on: CoindeskPublished on: 2018-11-16By Christine Kim
7 hours ago

What We Know About Bitcoin Cash’s Two Competing Blockchains
The bitcoin cash blockchain officially split today into two competing networks – but the story seems to be far from over. [ ... ] read more
Found on: CoindeskPublished on: 2018-11-16By Christine Kim
7 hours ago

Blockchain App Factory Helps Three Real Estate Firms Tokenize Assets Worth $225M
Blockchain App Factory, a blockchain and security token-oriented firm located in Singapore, said that it helped three clients tokenize their assets. [ ... ] read more
Found on: CryptovestPublished on: 2018-11-15By Anatol Antonovici
8 hours ago

Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills
Two mining companies with operations in Sweden have reportedly abandoned their facilities in the country’s northernmost county of Norrbotten. One of the companies, U.S. miner NGDC, appears to have suddenly fled from the area, leaving $1.55 million in unpaid electricity bills in its wake. Also Read: Seba Crypto Eyes Swiss Bank License, Independent Reserve Integrates Tax Tool US-Based NGDC Bails on [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-11-15By Samuel Haig
8 hours ago

Microsoft Releases Cloud-Based Azure Blockchain Development Kit
Microsoft has introduced a serverless blockchain-powered development kit, focused on connecting interfaces, data integration and deploying smart contracts [ ... ] read more
Found on: CointelegraphPublished on: 2018-11-15By Cointelegraph By Ana Alexandre
9 hours ago

Is Bitcoin ABC Really Winning the Bitcoin Cash “Hash War”?
A lot of cryptocurrency enthusiasts are currently focused on the Bitcoin Cash hard fork. That is only normal, even though its impact on the entire crypto industry remains to be determined. As far as the hashrate is concerned, a somewhat uncertain picture is being created. Both chains seem neck-in-neck, although there are a few things unclear about Bitcoin SV’s network. [ ... ] read more
Found on: The MerklePublished on: 2018-11-15By JP Buntinx
9 hours ago

U.S. Trader Fined $1.1 Million and Sentenced to 15 Months for Commiting Bitcoin Fraud
According to a report by Bloomberg, published November 13, 2018, U.S. resident named Joseph Kim has been fined $1.1 million and sentenced to 15 months in prison for orchestrating fraudulent schemes related to bitcoin (BTC), and litecoin (LTC), thus duping his employer and several other customers of their money. Illegal Transfers and Fund Misappropriation In 2017, the U.S. Commodity Futures...Read [ ... ] read more
Found on: BTCmanagerPublished on: 2018-11-15By Aisshwarya Tiwari
9 hours ago

Binance Warns Iranian Traders to Withdraw Crypto Amid Sanctions
Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with international sanctions. [ ... ] read more
Found on: CoindeskPublished on: 2018-11-15By Leigh Cuen
9 hours ago

‘First’ Collectible on Two Blockchains: ‘The Cutest Crypto Game’ Now Available on EOS
“The first game which officially supports two blockchains simultaneously”: a decentralized crypto collectible game has announced that it is now available on EOS, which is supposed to make transactions faster #SPONSORED [ ... ] read more
Found on: CointelegraphPublished on: 2018-11-15By Cointelegraph By Maria Yavuz
9 hours ago

Swell 2018: Siam Commercial Bank Seeks a Payments Vendor, Finds a Business Partner in Ripple
How does a 111-year old bank go about reinventing itself? According to Siam Commercial Bank SEVP, Chief Technology Officer & Head of Operations Colin Dinn, it’s about finding the right partner to help aggressively solve problems with an eye towards the future. Dinn took the stage at Swell to unpack how Siam Commercial Bank (SCB) is working with Ripple, [ ... ] read more
Found on: RipplePublished on: 2018-11-15By Team Ripple
9 hours ago

Coinbase Ventures Backs Home Crypto Mining Startup Coinmine
Coinmine is a new startup that aims to make in-home mining accessible for non-technical users, based in Los Angeles and founded by Farb Nivi and Justin Lambert. The company has reportedly raised about $2 million from VC funds and angel investors such as Coinbase Ventures and Tinder Chief Product Officer Brian Norgard. Also Read: Kucoin Exchange Raises $20 Million in [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-11-15By Avi Mizrahi
10 hours ago

Bitcoin Miner ‘Canaan Creative’ IPO Will Not Happen in 2018
Bitcoin mining equipment maker, Canaan Creative, on Thursday (November 15, 2018) allowed its Initial Public Offering (IPO) filing to elapse. Reports suggest that the company will shelve its IPO plans at least for the remainder of the year. Canaan Allows $400 Million IPO Application to Lapse According to Reuters, Canaan Creative allowed its $400 million IPO listing to expire. This [ ... ] read more
Found on: BitcoinistPublished on: 2018-11-15By Osato Avan-Nomayo
10 hours ago

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