CryptoCurrency News: Polkadot Tokens Valued at $75 Pre-Launch in Crypto ‘Futures’ Offering

They don't exist yet, but you can soon buy Polkadot tokens from CoinFLEX via a new mechanism: the initial futures offering (IFO).

via CoinDesk

CryptoCurrency News: Polychain Leads $7 Million Round in Crypto Trading Desk Altonomy

Altonomy, a trading desk and cloud mining company, has raised $7 million in equity investment.

via CoinDesk

CryptoCurrency News: Huobi’s Burns 116 Percent More Tokens Amid Quarterly Revenue Gains

“There are two big trends reflecting the size of this quarter’s buyback. The first is a rapidly strengthening market for digital assets and the other is the increasing popularity of our entire product line," said Huobi Group CEO, Leon Li.

via CoinDesk

CryptoCurrency News: Crypto Genius or Fake? The Craig Wright Saga Explained

Craig Wright may or may not be Satoshi Nakamoto but his appearance in court doesn't bode well for the cryptographer.

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CryptoCurrency News: US Treasury Secretary Mnuchin Is ‘Not Comfortable’ With Facebook’s Libra

In a press conference Monday, Mnuchin voiced the Trump administration's concerns with Facebook's Libra and cryptocurrencies like bitcoin.

via CoinDesk

CryptoCurrency News: Set Protocol Launches Ethereum Trading Strategy Bots

The ETH 20 Day Moving Average Set acts as a "tokenized trading bot," said Felix Feng, Set Protocol CEO.

via CoinDesk

CryptoCurrency News: What to Expect When Congress Grills Facebook on Cryptocurrency This Week

The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions.

via CoinDesk

CryptoCurrency News: New York Grants Bitlicense to Institutional Crypto Exchange Seed CX

NYDFS has granted two BitLicenses to subsidiaries of Seed CX, allowing the company to offer crypto services to financial firms.

via CoinDesk

CryptoCurrency News: Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting

Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week.

via CoinDesk

CryptoCurrency News: Samsung Teams With Banks, Telcos for Mobile ID Network Based on Blockchain

Tech giant Samsung Electronics is joining six other major South Korean firms to develop a blockchain-based certificate and ID authentication network.

via CoinDesk

CryptoCurrency News: Bitcoin’s Price Could Rise If Facebook’s Crypto Survives Congress Hearings

Bitcoin is under pressure ahead of U.S. congressional hearings on Facebook’s Libra cryptocurrency on July 16 and 17. But what happens next?

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CryptoCurrency News: Korea’s Biggest Credit Card Firm Wins Patent for Blockchain Credit System

Shinhan Card has been granted a patent for a blockchain payment system that could reportedly do away with physical credit cards.

via CoinDesk

CryptoCurrency News: UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime

The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.

via CoinDesk

CryptoCurrency News: Blockchain Consortium Startup R3 Said to Be Considering an IPO

Blockchain consortium startup R3 is mulling an IPO, according to Bloomberg sources.

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CryptoCurrency News: Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing

After a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it's discovered that another $2.3 million is missing. 

via CoinDesk

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