Ethereum Classic Price Defies Bear Market in Single-Day Rally

The ethereum classic price continued its inexorable rise on Thursday afternoon as it reached $17.71 on cryptocurrency exchange Binance — a single-day increase of 7%. There could be several factors which are affecting this price movement. The principal one is the listing on Coinbase, which was something of a surprise when it beat other contenders

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Exclusive: Researchers Allege Tron Plagiarized Code from other Crypto Projects

Researchers from Digital Asset Research (DAR) have discovered multiple instances of code copied from other projects in the Tron codebase. It seems that Tron developers plagiarised code from Ethereum among other projects and changed filenames to make it difficult to identify the source of the code. DAR published an article on Medium about the plagiarism

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Crypto-Friendly Robinhood Wants to Offer Bank Accounts

Stock trading app Robinhood, which recently began rolling out cryptocurrency trading to many of its US customers, wants to offer its customers savings accounts and other traditional banking services. Bloomberg reports that the $5.6 billion firm, based out of Menlo Park, CA, has already approached regulators at the Office of the Comptroller of the Currency

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SEC Obtains Another Order to Freeze Plexcoin ICO Assets

The US Securities and Exchange Commission has obtained an additional emergency court order from a federal court in Brooklyn, New York freezing assets linked to Dominic Lacroix, the founder of PlexCoin whose assets were frozen when the its ICO was halted amid a fraud investigation in December 2017. Announcing the court order in a communique

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Renowned Geopolitical Analyst Says Blockchains Will Be Decrypted [Eventually]

George Friedman has recently shared some very negative thoughts on the blockchain and its future. Regardless, he recognizes its current value. In a recent interview with CNBC, George Friedman, a worldwide known geopolitical analyst, has allegedly said the blockchain will become obsolete. During the UBS CIO Global Forum in New York, he shared, “I’ve never

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Interview: UK Exchange Crypto Facilities Launches Litecoin Futures Trading

A cryptocurrency futures trading platform based in the UK called Crypto Facilities is launching a new futures product allowing traders to take positions on Litecoin futures. Crypto Facilities CEO Timo Schlaefer spoke to CCN about the project. “We have seen extremely strong growth in futures trading volumes, up 84% in Q1 2018 on Q4 2017,

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Bitcoin Makes Historic First Appearance in US Supreme Court Opinion

Thursday marked a historic day for bitcoin, as the flagship cryptocurrency made its first appearance in an opinion published by the US Supreme Court. The case, Wisconsin Central Ltd. v. United States, did not involve bitcoin’s regulatory or legal status. Rather, it examined whether employee stock options represent taxable compensation under the Railroad Retirement Tax

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Goldman Sachs CEO: It’s ‘Arrogant’ to Think Cryptocurrency Won’t be Successful

Lloyd Blankfein, the CEO of Goldman Sachs, one of the biggest investment banks in the global finance sector valued at $87 billion, has criticized skeptics that believe Bitcoin and cryptocurrency do not have a future. Open-Minded and Forward Thinking Since early 2017, Blankfein has stated that he is not yet convinced the cryptocurrency market has

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Stellar in Talks to Acquire Blockchain Startup Chain for $500 Million in XLM: Report

Stellar, the creator of the lumens (XLM) — often stylized as stellar — cryptocurrency, is said to be engaged in talks to acquire blockchain startup Chain for $500 million. Citing anonymous sources familiar with the discussions, Fortune reports that Stellar will pay $500 million worth of XLM to acquire Chain, which had previously raised more

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