OKCoin’s Star Xu Questioned as Police Investigate Bitcoin Futures Allegations

Crypto exchange OKCoin's founder Star Xu has been released from a police department in Shanghai after 24 hours assisting an investigation into investors' accusations that OKEx manipulated bitcoin futures on its...

Is Bitcoin Building a 2015-Style Price Bottom?

Bitcoin's price action this year may be dismal, but it might not be without precedent. Having hit a record high near $20,000 in December, the world's largest cryptocurrency began 2018 backed a...

Softbank Completes Blockchain Test for Cross-Carrier Mobile Payments

Japanese telecoms giant Softbank Corp. has completed a blockchain proof-of-concept (PoC) that allows P2P mobile payments across different carriers. Softbank said on Wednesday the technology was developed in partnership with blockchain startup...

Bitcoin Price Charts Hint at Recovery Rally Above $6.4K

Bitcoin (BTC) could witness a minor corrective rally if the bulls' persistent defense of key support leads to a break above the resistance at $6,400, technical charts indicate. The leading cryptocurrency suffered...

Huobi Eyes Japan Expansion With Acquisition of Licensed Crypto Exchange

Huobi Group is to expand its trading services to Japan via an imminent deal to purchase local licensed cryptocurrency exchange BitTrade. In an announcement on Wednesday, Huobi said its wholly owned subsidiary Huobi Japan...

Crypto Billionaire Di Iorio Seeks New Start for Jaxx as All-in-One Wallet

One mobile app to rule them all. That's how Anthony Di Iorio sees the new Jaxx Liberty crypto wallet. As one of the cryptocurrency industry's wealthiest entrepreneurs, Decentral CEO Di Iorio said he...

Carbon Becomes Latest Startup to Launch a Dollar-Pegged Stablecoin

Following an eventful week that saw the release of dollar-pegged stablecoins from both Paxos and Gemini, crypto project Carbon has now launched one of its own, dubbed CarbonUSD, that is based on...

Korean Financial Watchdogs Probing Blockchain Firms Over ICO Activity

South Korean financial watchdogs are contacting domestic blockchain startups as part of an investigation into initial coin offerings (ICOs). According to an exclusive report from CoinDesk Korea, the probe is causing jitters among...

Below $50: Litecoin Price Clocks 12-Month Low

The price of litecoin (LTC) hit a 12-month low below $50.00 on Wednesday. The world's seventh largest cryptocurrency by market capitalization sank to $47.67 at 10:34 UTC – its lowest price since...

BitTorrent Courted EOS, Filecoin Crypto Creators Prior to Tron Sale

A number of well-known crypto startups had their eyes on BitTorrent prior to its acquisition by Tron's Justin Sun. CoinDesk has learned that in addition to Tron and Neo, blockchain governance-focused project Icon...

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