Controversial firm BitConnect has elected to shutter its lending platform and cryptocurrency exchange following a wave of warnings from regulators.
Germany’s central bank has stated that it believes that the international regulation of cryptocurrencies could be the only way forward.
An unidentified hacker has reportedly succeeded in stealing over $400K USD in Stellar Lumens after attacking wallet provider BlackWallet.
Venezuelan President Nicolas Maduro has called on ten countries in the Bolivarian Alliance to embrace his planned petrocurrency.
According to Treasury Secretary Steven Mnuchin, the US Financial Stability Oversight Council has formed a new working group focussing on cryptocurrencies.
NASA has awarded a grant to the University of Akron, which will partly be used to research a networking system using the Ethereum blockchain.
KFC has launched the Bitcoin Bucket – a new promotion offering chicken pieces which can be purchased for $20 CAD’s worth of Bitcoin.
Venezuela’s opposition-controlled parliament has officially moved to outlaw the country’s planned petrocurrency, declaring it ‘null and void’.
Ripple has announced a new partnership with MoneyGram that would leverage XRP to speed up fiat settlements.
Goldman Sachs has stated that, given use cases in emerging markets, cryptocurrencies such as Bitcoin could succeed as ‘real money’.