Ron Paul: ‘I’m All for Cryptocurrencies, I Like Competing Currencies’

Former Republican congressman and presidential candidate Ron Paul says he is in favor of cryptocurrencies and blockchain technology because he likes competing currencies. Ron Paul delivered his remarks in a “Squawk Alley” interview on CNBC on July 15. According to Paul, cryptocurrencies are a great idea, and governments should...

Siemens Considers Using Blockchain Tech for Carsharing

Self-proclaimed electrification, automation and digitalization global giant Siemens has shown an interest in adopting blockchain-based solutions. In particular, Siemens is exploring the use of blockchain in the transportation industry, as per a report by Forbes on July 15. According to Siemens Corporate Technology’s head of cybersecurity and blockchain, Andreas...

Market Maker Altonomy Raises $7M in Funding Round Led by Polychain Capital

Cryptocurrency asset management firm Altonomy has raised $7 million in a seed round from digital assets investment company Polychain Capital, according to a press release on July 15. Singapore-based market maker Altonomy is planning to allocate the raised funds to source liquidity for institutional customers like spot and derivatives...

Binance Chain Announces Galileo, the Latest Version of Its Mainnet

The blockchain launched by cryptocurrency exchange Binance, Binance Chain, has completed an upgrade to its mainnet. The latest iteration is called Galileo — v.0.6.0 — as announced by Binance on July 15. According to the announcement, there are four major changes implemented in Galileo: the matching engine has been...

Brazil: Member of Former Royal Family Speaks Out Against Crypto Regulation

Luiz Philippe de Orleans-Braganza, a descendant of the former royal family of Brazil, has spoken out against cryptocurrency regulation in the country, Cointelegraph Brazil reported on July 15. Orleans-Braganza, who is also a federal deputy in the Brazilian National Congress, spoke out during a special commission meeting wherein lawmakers...

Bitcoin Cash Multi-Party Escrow, Retail Adoption, and Upgrade Discussions

Another week has passed for the Bitcoin Cash (BCH) community and as usual, there’s been a bunch of announcements and developments. BCH supporters this week saw the release of a multi-party onchain escrow system, Ethereum cofounder Vitalik Buterin discussed using the BCH chain as a data layer, and more...

Monero Reports on Resolving Fake XMR Minting Bugs a Month After Fix

Cryptocurrency is so far on the cutting edge that it almost defines it, yet some are finding out the hard way that it’s even sharper than anticipated. The frightening reveal ofnine security bugs through HackerOne internet security platform that had affected Monero (XMR) in recent months — ranging from...

Industry Reacts as US Treasury Secretary Deems Crypto a “National Security Issue”

Following US President Donald Trump’s scathing remarks about Bitcoin and cryptocurrencies in general, the U.S. Treasury Secretary – Steven Mnuchin – is now placing crypto on the center stage of the US’ regulatory policy. Naturally, the crypto industry reacted swiftly to Mnuchin’s remarks that were made during a press...

Price Analysis 15/07: BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, TRX, XLM

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The sharp recovery...

US Treasury Secretary Shares Trump’s Concerns on Crypto, Stresses Compliance

United States Treasury Secretary Steven Mnuchin shares President Donald Trump’s concerns on the use of cryptocurrency to finance illicit activity, and stresses the role of enforcing FinCEN regulations with respect to crypto-dealing organizations. Mnuchin made his remarks at a press conference on July 15. Mnuchin called the use of...