Basis’ CEO has confirmed the stablecoin is shutting down due to regulatory concerns over its “secondary token” implementation.

Orbs, an Israeli blockchain startup, has received an investment from South Korea’s largest messaging app operator Kakao.

After seeing a small rebound yesterday, crypto markets are again in the red, Bitcoin trading around $3,400.

Mining and blockchain software company Bitfury partners with global consulting group PwC to launch a blockchain accelerator in Russia.

The number of crypto users has nearly doubled in the first three quarters of this year, according to a recently published study.

Opera has launched its “Web 3-ready” browser for Android, with crypto wallet integration, support for Ethereum and interactions with decentralized applications.

UAE Exchange has partnered with Ripple to launch blockchain-based cross-border remittances to Asia by Q1 2019.

Paxos Standard (PAX), the U.S. dollar-backed stablecoin issued by blockchain trust company Paxos, has exceeded $5 billion worth of transaction volume.

A new report says France should offer perks to private Bitcoin mining farms and boost blockchain spending.

Venezuela has reportedly automatically converted pensioners’ most recent monthly bonus into its national oil-backed cryptocurrency, the Petro.

Hackers are continuing to find exposed mining rigs and wallets, which make easy targets for stealing ETH funds.

Major algorithmic stablecoin Basis, which raised $133 million in April, is shutting down and returning funds, say anonymous sources.

Open source initiative Hyperledger has announced 12 new members including Alibaba Cloud, Citi and Deutsche Telekom, among others.

A blog post from the University of Oxford Faculty of Law highlights the potential impact of a recent Canadian court ruling on lost or stolen crypto claims.

A U.S. federal court has ordered the founders of crypto startup AriseBank to pay $2.7 million in fines for allegedly defrauding hundreds of investors.

The Go Ethereum software client has published a code upgrade that includes a list of new features, including an activation time for the Constantinople hard fork...

Crypto markets have overcome yesterday’s downturn, as the top 20 coins are seeing green across the board.

The recent slump in markets has provided traders with a good buying opportunity, but a recovery may not come in the form of a dramatic vertical rally.

Russia’s cryptocurrency legislation draft won’t be dramatically changed, according to deputy prime minister Maxim Akimov.

Cryptocurrency service providers will soon be required to hold a license issued by the Dutch Central Bank in the Netherlands.

Russia’s parliament will discuss a draft bill on blocking suspicious financial websites, and experts believe it might affect “scam” ICOs.

IBM Research has teamed up with U.S.-based agritech firm Hello Tractor to boost the African agriculture industry with blockchain.

Calgary, a city in the Canadian province of Alberta, allows citizens to pay for local goods and services via its new digital Calgary dollar.

SolarisBank and Stuttgart Exchange Group are jointly developing a crypto exchange meant to be launched in the first half of next year.

Allianz Global Investors’ CEO has called for crypto assets to be “outlawed,” citing surprise over regulators’ lack of intervention.