There’s Still No Bitcoin ETF, But U.S. Investors Just Got a Consolation Prize

The long-anticipated bitcoin ETF has yet to materialize, but American investors seeking to gain exposure to the flagship cryptocurrency through their standard brokerage accounts now have a consolation prize. Bloomberg reports that Bitcoin Tracker One, an exchange-traded note (ETN) that has been listed on Nasdaq Stockholm since 2015, can now be traded in U.S. brokerage

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VeChain Price Explodes 30% as Cryptocurrency Market Extends Recovery

The vechain price (VET) exploded by 30 percent on Thursday, headlining a widespread recovery that raised the cryptocurrency market cap by more than $5 billion over the past 24 hours. The cryptocurrency, which serves as the native token of the smart contracts and supply chain management-focused VeChain blockchain, had traded below $0.008 during Thursday’s early

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Bitcoin Wallet Browser Toshi Rebrands to ‘Coinbase Wallet’

Toshi, the open source DApp browser and wallet designed by Coinbase will now be known as Coinbase Wallet. In a Medium post published on Wednesday, the company says the name change is beyond branding, and more of a “larger effort to invest in products” that will shape the future of the decentralized web. Siddharth Coelho-Prabhu,

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UK Watchdog: Summer’s Cryptocurrency Fraud Costs £2 Million in Losses

The UK’s national policing lead for fraud has revealed figures wherein victims have reported 203 instances of cryptocurrency fraud totaling a little over £2 million ($2.54 million) in losses. In an announcement published this on August 10, Action Fraud – the UK’s national fraud and cybercrime reporting center – warned the public of fraudsters pushing

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Crypto Market Recovers to $210 Billion, Tokens Surge as Ethereum Rises 4%

In the past 24 hours, despite the strong downtrend of major cryptocurrencies, the crypto market demonstrated a quick recovery from this week’s losses. On August 14, as the BItcoin price dipped below the $6,000 mark, the valuation of the crypto market plummeted below the $200 billion mark. At its lowest point of this year, the

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Thailand Bitcoin Fraud Case Ropes in Bank Staff and Prominent Stock Investor

The investigation into the Thailand bitcoin fraud case involving a Finnish national who lost 5,564 bitcoins to Thai fraudsters has now widened its reach to include a stock investor and bank employees. According to the Bangkok Post, Prasit Srisuwan, an investor at the Stock Exchange of Thailand, as well as employees of three Thai commercial

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Korea’s Crypto Industry Condemns Exclusion Plan from Venture Firms List

Crypto exchanges and blockchain startups in South Korea are protesting against a recent legislative proposal by the government to exclude the industry from recognized venture businesses. In a proposal outlined by South Korea’s Ministry of SMEs and Startups this week, the government body revealed its intention to exclude the blockchain industry, including cryptocurrency exchanges, from

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Coinbase Effect: Ethereum Classic Price Surges Ahead of Listing

The cryptocurrency Ethereum Classic moved ahead of the market in recent hours when it surged by a further 15% on top of Wednesday’s 20% gains and is now trading at around $13.80 on Bitfinex. The upward gains follows crypto exchange giant Coinbase’s announcement, posted on Twitter, indicating that ETC would be available for purchase and

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Malta Regulator Issues Virtual Assets Rulebook – Reaction from Stakeholders Muted or Negative

The Malta Financial Services Authority (MFSA) has now published a Virtual Financial Assets (VFA) Rulebook specifically pertaining to the regulation of Issuers of VFAs under the Virtual Financial Assets Act (VFAA). However, it seems that the publication of this rulebook has not got down very well with financial services providers who spoke to CCN. Some

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Cryptocurrency Startup Swarm Is Selling Tokens Backed by Robinhood Shares

Cryptocurrency startup Swarm has an ambitious plan to democratize venture capital, and it has today taken a major step toward that goal by listing tokens that allow investors to purchase fractional shares in privately-owned fintech darling Robinhood. No, Robinhood, a wildly-popular commission-free stock trading app that recently earned a $5.6 billion valuation, isn’t holding a

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