Top 5 Crypto Performers: BSV, BNB, LTC, BCH, DASH

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Instant messaging service Telegram reportedly plans to launch its Telegram Open Network (TON) in the third quarter of this year. It has created a new programming language called Fift, which will help develop and manage TON blockchain smart contracts and interact with the…

What Will It Take to Regulate Crypto Exchanges?

Konstantinos Stylianou is an assistant professor at the University of Leeds School of Law, and a visiting scientist at the Brown University Department of Computer Science. Shortly after Bitcoin SV was delisted from Binance, CoinDesk advisor Michael Casey published an insightful op-ed discussing whether the delisting amounted to censorship (it doesn’t), whether exchanges should be held to high standards of neutrality (they should) and whether regulation is necessary to achieve this result (it is). The idea is that because major exchanges play such a crucial role in the industry (Casey…

Crypto Funds, Lending and Market Manipulation

Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for institutional investors interested in cryptoassets, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. It’s not easy being a crypto fund manager. As well as unruly markets and elusive valuations, there’s the increasing competition and pressure on fees. And performance has been lackluster: Vision Hill’s Q1 report…

ICO Sector Signals Uptick After Crypto Winter

The initial coin offerings (ICO) sector is showing signs of an uptick due to positive investor sentiment, apparently spurred by the recent crypto market rally. The data was revealed in a new report from token rating platform ICObench, shared with Cointelegraph on May 25. Providing data as of May 21, the report notes that the success rate of ICOs has increased, ostensibly reflecting a rise in projects’ quality. 85% of total funds raised so far in May reportedly belong to projects with a high (3-3.5) rating — as compared with…

Crypto Market Remains Strong: Bitcoin Cash, BNB, EOS, TRX Price Analysis

The total crypto market cap grinded higher and tested the $245.0B resistance area. Bitcoin price is currently consolidating near the $8,000 level. EOS price broke the $6.30 resistance and it is currently moving towards the $6.40 level. Binance Coin (BNB) is surging higher and it recently broke the $35.00 resistance. Bitcoin cash price is trading nicely above the $400 support area. Tron (TRX) price is slowly moving higher towards the $0.0292 and $0.0295 resistance levels. The crypto market cap is gaining bullish momentum, with positive moves in bitcoin (BTC) and…

LocalBitcoins Bans Bitcoin Buying in Iran in Blow to Rising Crypto Commerce

LocalBitcoins has officially shut off service for Iran-based users, a move that follows weeks of rising rial trading volumes on the platform. The Helsinki-based peer-to-peer exchange has not explicitly said why Iranians are suddenly being cut off from its service, though U.S. sanctions are almost certainly the cause. News of the move first circulated across local language Telegram channels earlier this week that the exchange had blocked Iranians. Users reported encountering problems in posting new trades and updating previous ones on the website. “If you have an account already, you will…

Swiss Telecom Company Is Bringing Crypto Collectables to TV

Telecommunications giant Swisscom has unveiled a new approach to using non-fungible tokens (NFTs). The product, called Noow, will display art that you own and you and the artist will know how many copies of his or her works have been distributed. The app comes from a Zug-based, Dloop, which spun out of Swisscom’s accelerator, Kickbox. From the Greater Zurich Area News: Digital art is displayed on screens in places such as hotels, restaurants and offices. Changing sequences or animations create a unique ambience. However, a lack of copy protection systems…

UK Financial Watchdog Warns Public of Crypto Clone Firm

The primary financial regulator of the United Kingdom, the Financial Conduct Authority (FCA), warned that ICAP Crypto is a clone firm in a public announcement on May 24. According to the report, ICAP Crypto is a clone firm of ICAP Europe Limited. Clone firms are a type of scam in which the scammers use information from legitimate firms in an attempt to convince targets that they are genuine. In this case, ICAP Europe Limited is a legitimate firm that is authorized by the FCA, and its details are being propagated…

Crypto Derivatives Platform Vows to Tackle Socialized Losses Seen on Other Exchanges

A crypto futures exchange says its features mean it is well-positioned to solve current problems that exist among rivals. The team behind FTX claims they were driven to act after “hours of feedback” to established exchanges about the problems with their products went ignored. As a result, the company claims that its platform “reduces the likelihood of clawbacks” through a three-tiered liquidation model — tackling the problem represented by “significant amount of customer funds on other derivatives exchanges that have been claimed by socialized losses.” In a blog post, the…

Blockchain Browser Brave Tests Crypto Tips for Twitter Users

Blockchain browser Brave is testing a new tipping function for social media platform Twitter on its Nightly version, it announced in a tweet on May 23. The post reads that users of Brave Nightly — the testing and development version of blockchain-based browser that blocks ads and website trackers — will have access to the browser’s new feature for tipping tweets with the Brave Rewards program. The feature is designed to award content creators with Brave native digital tokens, basic attention tokens (BAT). A related announcement on the project’s website…