CoinDesk: news on page 490

Class-Action Suit Targets ICO Promoted By Floyd Mayweather, Jr.

An initial coin offering (ICO) promoted by boxing champion Floyd Mayweather, Jr., is at the center of a newly filed class-action complaint.

US Treasury Report: DLT Data Storage Raises Oversight Concerns

The Financial Oversight Stability Council acknowledged that virtual currencies are becoming more common, but have a limited impact on the economy.

'Clear and Loud': Parity to Drop First Bid for Frozen Ether Fix

After critical feedback from the ethereum community, Parity Technologies will not follow-up on any of its proposals for restoring frozen ether funds.

Monero Mining Malware Hits Russian Pipeline Giant Transneft

The world's largest oil pipeline reportedly had some of its computer systems affected by cryptocurrency mining malware.

US Commodities Regulator Proposes Definition for Cryptocurrency 'Delivery'

The CFTC has published a proposed interpretation of how it will deem that a cryptocurrency has been "delivered" from a buyer to a seller.

Ethereum, Ripple And Litecoin Have Arrived on Bloomberg Terminals

Financial data firm Bloomberg has added three new cryptocurrencies to its Terminal service.

$20k Bitcoin? Changing Charts Favor Crypto Rivals

A look at bitcoin's value across various crypto trading pairs suggests a substantial push higher might not be likely in the short term.

Blockchain Brain Drain Is About More Than Money

The next-generation of financial technologists will want more from corporations and businesses, argues ex-CME digitization lead Sandra Ro.

Crypto Collectables? Ethereum's Next Killer App Is on Its Way

The rise of CryptoKitties has called attention to ERC-721, an ethereum technical standard that could start a blockchain-based collectibles rush.

Ethereum Browser Bug Could Put User Funds At Risk

Using ethereum browser Mist may put cryptocurrency private keys at risk, according to an Ethereum Foundation blog post.

More to Come? Bitcoin Sets Record High Near $18k

Having successfully defended $16,000 earlier this week, bitcoin regained bid tone today and clocked a fresh record high above $17,800.

UK's FCA Chief Warns Bitcoin Investors: Be Prepared to Lose Your Money

The head of the UK's Financial Conduct Authority has warned that people stand to lose their funds if they invest in bitcoin.

US Government to Sell Off $10 Million in Seized Bitcoin and Bitcoin Cash

U.S. prosecutors in the state of Utah are moving to sell millions of dollars-worth of cryptocurrencies seized in an opioid drug case.

Survey: Most Bitcoin Investors Expect Even Fatter Returns in 2018

According to the survey by LendEDU, almost three-quarters of bitcoin investors in the U.S. plan to increase the size of their holdings next year.

2018: The Year We Make Cont(r)act

2017 may have been a historic year in blockchain, but Banca IMI's Massimo Morini argues the seeds for this revolution were sown in 2016.

Mimblewimble's Small Step: Grin Raises Funds for New Development

Bitcoin startup BlockCypher is among those backing development for a new alternative blockchain that aims to break cryptographic ground.

As Wall Street Bids Up Bitcoin, ICO Tactics Change

Facing new regulation and a run-up in crypto prices, the ICO market is feeling the squeeze of maturity.

DOJ Alleges Bitcoin Involved in Attempted ISIS Funding

Prosecutors have accused a New York woman of using credit cards to purchase bitcoin and then launder those funds to send money to ISIS.

Goodbye Ethereum: Kik Plans to Move Its ICO Tokens to Stellar

Kik founder Ted Livingston announced on Wednesday that his company was moving its Kin token app from ethereum to Stellar.

Malaysia's Central Bank Releases Draft Rules for Cryptocurrency Exchanges

Bank Negara Malaysia published draft guidelines for cryptocurrency exchanges to report their usage statistics to prevent illicit transactions.