Bitcoin Price Drops $380; Ethereum, Ripple (XRP) Plunge 9%

Cryptocurrency analysts had predicted that the bitcoin price was about to break away from its $6,550 peg, and those predictions came true early Thursday morning. Unfortunately for investors, though, this movement did not occur to the upside. After briefly making a push toward $6,700 earlier in the week, the bitcoin price was holding steady between …

Did SEC Chairman Jay Clayton Just Throw Shade on Ether?

A new statement issued by Securities and Exchange Commission (SEC) Chairman Jay Clayton has some within the cryptocurrency community questioning whether the agency could change its tune on ether — the native currency of Ethereum — which a top official previously said should not be regulated as a security. SEC Chair: Staff Guidance Non-Binding Clayton, …

Joe Rogan Discusses Ethereum-Based Twitter, In Light of Alex Jones

On the Joe Rogan podcast (JRE podcast), American singer-songwriter Shooter Jennings and Joe Rogan discussed Ethereum-based Twitter alternative Peepeth, which allows anyone to release permanent tweets embedded into the blockchain, without censorship. Throughout the podcast, Rogan and Jennings went back and forth on the Alex Jones situation, sharing the general sentiment that Facebook, YouTube, and …

World Bank to Settle $73 Million Blockchain Bond on Ethereum Next Week

The World Bank has priced what it deems the ‘world’s first public blockchain bond’ at AUD$100 million ($73 million) in a settlement to occur next week. The two-year bond, designed to improve the efficiency of automated financing for countries with extreme poverty by moving away a decades-old manual bond sales process, will be settled on …

Mass Adoption Matters More Than Cryptocurrency ETFs

Ethereum co-founder Buterin Vitalik believes that the crypto community has focused too much on ETFs rather than making cryptocurrency easier to use as a method of payment for everyday purchases via payment cards, according to a recent tweet. An ETF will benefit cryptocurrency prices, he believes, but making it easier for people to use it …

Audit Gives Binance-Listed ERC20 Tokens Clean Bill of Health from ‘batchOverflow’ Bug

Smart contract security firm Quantstamp has given Binance-listed ERC20 tokens a clean bill of health after conducting an audit to determine whether any of the exchange’s listed assets were subject to the recently-discovered batchOverflow and proxyOverflow vulnerabilities. Quantstam released its audit report in late April, confirming that no ERC20 token currently listed on Binance — the …

First Assassination Markets Appear on Prediction Platform Augur

Everyone knew that it was inevitable that assassination markets would quickly pop up on decentralized prediction market platform Augur, but that doesn’t make the fact that users are now betting on whether U.S. President Donald Trump will be assassinated by the end of the year any less jarring. Assassination Markets Let Augur Users Gamble on …

U.S. Judge Throws Out ‘Meritless’ Lawsuit Against Ethereum Game CryptoKitties

A U.S. judge has thrown out a lawsuit that alleged that CryptoKitties creator Axiom Zen had stolen trade secrets and violated a confidentiality agreement in connection with a recent promotion that featured celebrity-based CryptoKitties. According to an order dated July 9 and reviewed by CCN, U.S. District Judge Janis L. Sammartino denied cryptocurrency start Starcoin’s …