Winter is Coming: Bitcoin Mining for Heat (And Profit)

CoinDesk

2016. Sep. 24. 20:30

Winter is Coming: Bitcoin Mining for Heat (And Profit) Winter is coming... So does it make sense to use bitcoin miners to subsidise your heating costs? CoinDesk investigates.

Source

Chicago Students Get Free BTC For Educational Purposes

Bitcoin News

2016. Sep. 24. 18:25

Chicago Students Get Free BTC For Educational Purposes

The Blockchain Education Network (BEN) has announced a Bitcoin airdrop to four Chicago Universities today. This year BEN’s “Back-to-School Blockchain Initiative” has spread to more cities than ever before to show students the power of cryptocurrency. Also read: UCL to Hold Writing Competition on Bitcoin, Blockchain and Cryptography Chicago College Students Get A Free Taste of Bitcoin The

The post Chicago Students Get Free BTC For Educational Purposes appeared first on Bitcoin News.

Trump Vs Clinton: Bitcoin Illiteracy in 2016 Presidential Election

Bitcoin News

2016. Sep. 24. 18:00

Trump Vs Clinton: Bitcoin Illiteracy in 2016 Presidential Election

U.S. presidential candidates Hillary Clinton and Donald Trump remain clueless about the latest technological innovations, such as: artificial intelligence, the Internet of Things, and one of the biggest inventions ever, Bitcoin. These innovations are the very technologies currently transforming human civilization.  Also Read: Blockchain Will Transform the Agriculture Industry However, alarmingly, the two major candidates

The post Trump Vs Clinton: Bitcoin Illiteracy in 2016 Presidential Election appeared first on Bitcoin News.

The Looming War for Blockchain Patents

CoinDesk

2016. Sep. 24. 14:40

The Looming War for Blockchain Patents There’s a patent land grab developing that could potentially make doing business more challenging for blockchain startups.

Source

Ripple: New Banking Group Is First Blockchain-Based Settlement Network

Bitcoin News

2016. Sep. 24. 12:00

Ripple: New Banking Group Is First Blockchain-Based Settlement Network

Ripple has formed a six-bank Global Payments Steering Group (GPSG), calling it “the first interbank group for global payments based on distributed financial technology.” Also read: Canadian Bank, Ripple and SAP Send First Int’ Blockchain Payment A New SWIFT Challenger Although the announcement does not mention it explicitly, the new network is a potential challenger

The post Ripple: New Banking Group Is First Blockchain-Based Settlement Network appeared first on Bitcoin News.

GFT Testing Blockchain Bank Integration Through Google Cloud

Bitcoin News

2016. Sep. 24. 01:00

GFT Testing Blockchain Bank Integration Through Google Cloud

GFT Technologies, an IT service provider for the banking industry, has revealed it will be testing blockchain technology on Google’s Cloud Platform.   Also read: Jaxx to Add Litecoin to Mobile Wallet Despite Apple ‘Blacklist’ Issues GFT Believes Google’s Cloud Service Will Help Them Promote Distributed Ledger Tech The Stuttgart-based GFT is an IT provider and

The post GFT Testing Blockchain Bank Integration Through Google Cloud appeared first on Bitcoin News.

Bitstamp Users Can Now Send Funds to Ledger Wallet

Bitcoin News

2016. Sep. 23. 20:42

Bitstamp Users Can Now Send Funds to Ledger Wallet

Bitstamp has announced integration with the Ledger hardware wallet platform, allowing users to send their BTC directly to and from cold storage. Also read: A $99 Trezor Could Have Prevented the $70M Bitfinex Theft Bitstamp Integrates Ledger Wallet’s BOLOS Protocol This summer’s Bitfinex hack, resulting in the loss of $70 million USD in bitcoin, has shaken

The post Bitstamp Users Can Now Send Funds to Ledger Wallet appeared first on Bitcoin News.

Global Banks Partner to Form Blockchain Payments Network

CoinDesk

2016. Sep. 23. 19:47

Global Banks Partner to Form Blockchain Payments Network Ripple joins with Bank of America, Santander, the Royal Bank of Canada and more to build a global blockchain steering group.

Source

Sberbank CEO Warns Russian Gov’t: Hands Off the Blockchain!

Bitcoin News

2016. Sep. 23. 18:01

Sberbank CEO Warns Russian Gov’t: Hands Off the Blockchain!

The head of Russia’s largest bank, Sberbank, has warned that Russia risks falling behind in technological innovation if it bans virtual currencies and their underlying blockchain technology. Also read: Monero Mastercard? Wirex Bridges Altcoins with Legacy Payments Gov’t Should ‘Not Get in the Way’ It is “critically important” for the government to not get in the

The post Sberbank CEO Warns Russian Gov’t: Hands Off the Blockchain! appeared first on Bitcoin News.

Swiss Finance Infrastructure Firm Testing Blockchain with Digital Asset

CoinDesk

2016. Sep. 23. 17:20

Swiss Finance Infrastructure Firm Testing Blockchain with Digital Asset A major financial infrastructure provider in Switzerland is developing a proof-of-concept focused on securities market infrastructure.

Source

Node40 Leaves Beta, Claims to Bolster Dash Governance

Bitcoin News

2016. Sep. 23. 15:00

Node40 Leaves Beta, Claims to Bolster Dash Governance

Blockchain service provider Node40 has announced the conclusion of its beta phase. The Albany, New York-based company hosts and assists the growing number of Dash Masternodes on the currency’s network.    Also Read: Needham Downgrades GBTC Rating, But Predicts Bitcoin Rally to $848 Node40: A Masternode Hosting Platform According to Node40, its beta phase has been successful, the

The post Node40 Leaves Beta, Claims to Bolster Dash Governance appeared first on Bitcoin News.

Dutch Brothers Arrested for Stealing Electricity to Mine Bitcoin

Bitcoin News

2016. Sep. 23. 12:47

Dutch Brothers Arrested for Stealing Electricity to Mine Bitcoin

ROTTERDAM, Netherlands — Two brothers from Rotterdam have been arrested for stealing electricity to mine bitcoins. According to the Openbaar Ministerie, local police confiscated the mining equipment and 200 thousand euros. Also read: Microsoft Unveils Roadmap for ‘Bletchley’ Blockchain Project Two Brothers Allegedly Stole Electricity to Mine Bitcoin and Grow Marijuana Local reports said the two unnamed

The post Dutch Brothers Arrested for Stealing Electricity to Mine Bitcoin appeared first on Bitcoin News.

World's Largest Mining Company to Use Blockchain for Supply Chain

CoinDesk

2016. Sep. 23. 12:01

World's Largest Mining Company to Use Blockchain for Supply Chain The world's largest mining firm as ranked by PwC intends to begin using the ethereum blockchain to improve its supply chain processes.

Source

China's Financial Firms Urge Regulators to Help Mature Blockchain

CoinDesk

2016. Sep. 23. 06:28

China's Financial Firms Urge Regulators to Help Mature Blockchain China’s major financial institutions believe governance should not be replaced in any larger transitions to blockchain.

Source

Blockchain to Drive Wanxiang's $30 Billion Smart Cities Initiative

CoinDesk

2016. Sep. 23. 03:55

Blockchain to Drive Wanxiang's $30 Billion Smart Cities Initiative Auto giant Wanxiang announced today that it will be using blockchain as part of its newly announced smart cities program.

Source

IBM, China UnionPay Develop Blockchain Loyalty Points Exchange

CoinDesk

2016. Sep. 23. 03:00

IBM, China UnionPay Develop Blockchain Loyalty Points Exchange International Business Machines is working with a Chinese credit card company to to create a blockchain-based system for trading loyalty points.

Source

IBM, China UnionPay Develop Blockchain Loyalty Exchange

CoinDesk

2016. Sep. 23. 03:00

IBM, China UnionPay Develop Blockchain Loyalty Exchange International Business Machines is working with a Chinese credit card company to to create a blockchain-based system for trading loyalty points.

Source

UCL to Hold Writing Competition on Bitcoin, Blockchain and Cryptography

Bitcoin News

2016. Sep. 23. 01:00

UCL to Hold Writing Competition on Bitcoin, Blockchain and Cryptography

University College London (UCL) is seeking submissions about Bitcoin and blockchain technology for its 2016 Thesis/Paper Competition.  Also read: Students at Berlin University Build Chess Game on Ethereum What UCL Wants Located in central London, UCL is the largest postgraduate institution in the country by enrollment. Its Center for Blockchain Technologies made the announcement looking for

The post UCL to Hold Writing Competition on Bitcoin, Blockchain and Cryptography appeared first on Bitcoin News.

MineCoin ‘Central Bank’ Claims to Solve Cryptocurrency Volatility

Bitcoin News

2016. Sep. 22. 22:54

MineCoin ‘Central Bank’ Claims to Solve Cryptocurrency Volatility

Disclaimer: Bitcoin.com does not endorse nor support this product, use at your own risk. This is a Press Release. Submit yours today here! Bitcoin Press Release : Minex Ecosystem – is self-regulating financial system created for decreasing volatility and making MineCoin as a new payment unit based on blockchain technology. September 16, 2016, Kyiv, Ukraine –

The post MineCoin ‘Central Bank’ Claims to Solve Cryptocurrency Volatility appeared first on Bitcoin News.

New Lawsuit Filed Against Xapo Founder Wences Casares

CoinDesk

2016. Sep. 22. 22:10

New Lawsuit Filed Against Xapo Founder Wences Casares Online identity company Lifelock has filed another lawsuit against bitcoin wallet startup Xapo founder Wences Casares.

Source

New Lawsuit Filed Against Bitcoin Wallet Xapo Founder

CoinDesk

2016. Sep. 22. 22:10

New Lawsuit Filed Against Bitcoin Wallet Xapo Founder Online identity company Lifelock has filed another lawsuit against bitcoin wallet startup Xapo founder Wences Casares.

Source

Needham Downgrades GBTC Rating, But Predicts Bitcoin Rally to $848

Bitcoin News

2016. Sep. 22. 21:04

Needham Downgrades GBTC Rating, But Predicts Bitcoin Rally to $848

Needham & Company has revised its bitcoin price projection as well as its outlook on the Bitcoin Investment Trust (OTCQX: GBTC). The firm sees improvement in bitcoin’s fundamentals, but not in GBTC, downgrading the firm’s rating from “Buy” to “Hold.” Also read: Genesis Trading and Bitcoin Investment Trust ordered to pay disgorgement to SEC  Needham Sees

The post Needham Downgrades GBTC Rating, But Predicts Bitcoin Rally to $848 appeared first on Bitcoin News.

At Ethereum Mega-Event, the 'Church of Vitalik' Sobers Up

CoinDesk

2016. Sep. 22. 20:20

At Ethereum Mega-Event, the 'Church of Vitalik' Sobers Up At Devcon2, the Ethereum community's strengths and limitations were on display.

Source

Roger Ver Sues Bitcoin Exchange OKCoin For $570k

CoinDesk

2016. Sep. 22. 18:57

Roger Ver Sues Bitcoin Exchange OKCoin For $570k In the latest round of a long-standing feud, bitcoin investor Roger Ver is suing bitcoin exchange OkCoin for $570,000.

Source

Bitcoin: A Legitimate Cure for a Broken Money System

Bitcoin News

2016. Sep. 22. 18:00

Bitcoin: A Legitimate Cure for a Broken Money System

When Satoshi created Bitcoin, it was a revolutionary concept. The idea was so innovative it has spurred a constellation of alternative cryptocurrencies and blockchain protocols. However, some of these distributed ledger concepts are no more than hype and illusionary technologies. Also Read: Bitcoin: The Most Immutable Ledger of Them All Bitcoin’s Birth and Projects That Followed When

The post Bitcoin: A Legitimate Cure for a Broken Money System appeared first on Bitcoin News.

Symbiont Showcases Blockchain Catastrophe Swaps to Insurance Execs

CoinDesk

2016. Sep. 22. 15:50

Symbiont Showcases Blockchain Catastrophe Swaps to Insurance Execs Blockchain startup Symbiont has demonstrated a self-executing catastrophe swap smart contract on a platform designed for a wide-range of industries.

Source

Monero Mastercard? Wirex Bridges Altcoins with Legacy Payments

Bitcoin News

2016. Sep. 22. 15:15

Monero Mastercard? Wirex Bridges Altcoins with Legacy Payments

Wirex users can now fund Mastercard debit cards with Ethereum, as well as two dozen other cryptocurrencies. Also read: Microsoft Unveils Roadmap for ‘Bletchley’ Blockchain Project Not Just a Bitcoin Mastercard ShapeShift.io, an instant digital asset exchange for Bitcoin and other blockchain tokens, has announced an API integration with Wirex, a London-based service that bridges

The post Monero Mastercard? Wirex Bridges Altcoins with Legacy Payments appeared first on Bitcoin News.

UK Government Seeks Distributed Ledger Projects in £15 Million Competition

CoinDesk

2016. Sep. 22. 15:01

UK Government Seeks Distributed Ledger Projects in £15 Million Competition The UK Government has launched a new technology competition inviting submissions related to distributed ledger technology.

Source

Unsung to ‘Hack Hunger’ With New iOS App

Bitcoin News

2016. Sep. 22. 12:00

Unsung to ‘Hack Hunger’ With New iOS App

Unsung.org has just announced the release of its iOS app on October 21. Jason King, founder of the “hunger hacking” platform, says he’s thrilled to bring the app to the masses. Also read: Anonymous Donor Gives 38 Bitcoins to African Water Project Unsung Aims To Hack More Hunger 49 million people across the U.S. go without food

The post Unsung to ‘Hack Hunger’ With New iOS App appeared first on Bitcoin News.

Bank Tech Provider Sinodata Calls for Blockchain Collaborations

CoinDesk

2016. Sep. 22. 11:49

Bank Tech Provider Sinodata Calls for Blockchain Collaborations Bank technology provider Sinodata is seeking to collaborate with blockchain startups.

Source

Bitcoin.com Podcast: Charles Lee, Litecoin Creator

Bitcoin News

2016. Sep. 22. 02:23

Bitcoin.com Podcast: Charles Lee, Litecoin Creator

In the latest Bitcoin.com Podcast, host Gavin Knight chats with Litecoin creator and head of GDAX exchange Charles Lee about his plans for Litecoin and experiences in the cryptocurrency world. Also read: Historic Day For Bitcoin As Bitcoin.com Pool Starts Mining In the interview, Lee reveals he started Litecoin as a fun project and never expected

The post Bitcoin.com Podcast: Charles Lee, Litecoin Creator appeared first on Bitcoin News.

Bitcoin Classic: Transaction Malleability Solved With ‘TransFlex’?

Bitcoin News

2016. Sep. 22. 01:01

Bitcoin Classic: Transaction Malleability Solved With ‘TransFlex’?

The Bitcoin Classic team has announced the release of Bitcoin Classic 1.2 beta on GitHub, a release that will include a whole host of new features like TransFlex, which, according to the announcement, will solve transaction malleability problems. Also read: Jaxx to Add Litecoin to Mobile Wallet Despite Apple ‘Blacklist’ Issues Bitcoin Classic Tackles Transaction Malleability

The post Bitcoin Classic: Transaction Malleability Solved With ‘TransFlex’? appeared first on Bitcoin News.

Jaxx to Add Litecoin to Mobile Wallet Despite Apple ‘Blacklist’ Issues

Bitcoin News

2016. Sep. 21. 22:15

Jaxx to Add Litecoin to Mobile Wallet Despite Apple ‘Blacklist’ Issues

The popular, multi-cryptocurrency wallet application Jaxx has just revealed that it will integrate Litecoin. Toronto-based Decentral details that the fourth-most valuable digital currency will be added to all nine Jaxx platforms this October. Also read: Coinbase’s GDAX Exchange Adds Litecoin, Price Spikes 10% Due to Customer Demand, Jaxx Wallet Adds Litecoin This move comes in response

The post Jaxx to Add Litecoin to Mobile Wallet Despite Apple ‘Blacklist’ Issues appeared first on Bitcoin News.

Brothers Face Jail Time for Stealing Power to Mine Bitcoins

CoinDesk

2016. Sep. 21. 22:12

Brothers Face Jail Time for Stealing Power to Mine Bitcoins Two brothers in the Netherlands face months in prison after allegedly siphoning power to fuel a small bitcoin mining operation.

Source

Brothers Face Jail Time for Allegedly Stealing Power to Mine Bitcoins

CoinDesk

2016. Sep. 21. 22:12

Brothers Face Jail Time for Allegedly Stealing Power to Mine Bitcoins Two brothers in the Netherlands face months in prison after allegedly siphoning power to fuel a small bitcoin mining operation.

Source

Microsoft Unveils Roadmap for ‘Bletchley’ Blockchain Project

Bitcoin News

2016. Sep. 21. 18:00

Microsoft Unveils Roadmap for ‘Bletchley’ Blockchain Project

During Blockchain Week in Shanghai, tech giant Microsoft revealed its roadmap for the Bletchley Blockchain Project. The announcement was introduced by Marley Gray, the program manager of Azure’s blockchain engineering team.    Also read: Microsoft & IBM Declare Blockchain Open for Business Microsoft’s Bletchley and Cryptlet Roadmap Project Bletchley wants to start harnessing the power of

The post Microsoft Unveils Roadmap for ‘Bletchley’ Blockchain Project appeared first on Bitcoin News.

Blockchain Smart Contracts Need a New Kind of Due Diligence

CoinDesk

2016. Sep. 21. 16:33

Blockchain Smart Contracts Need a New Kind of Due Diligence Two legal experts argue that we need enhanced due diligence before smart contract transactions are written in "blockchain stone".

Source

China’s Increasing Debt Burden Could Affect the Bitcoin Economy

Bitcoin News

2016. Sep. 21. 15:00

China’s Increasing Debt Burden Could Affect the Bitcoin Economy

According to the Bank for International Settlements’ credit-to-GDP gap, China could be dangerously close to a banking crisis that could threaten the future growth of the entire economy. Also read: Historic Day for Bitcoin as Bitcoin.com Pool Starts Mining Is China’s Debt-driven Economy on an Unsustainable Path? The Bank for International Settlements (BIS), a widely-respected financial

The post China’s Increasing Debt Burden Could Affect the Bitcoin Economy appeared first on Bitcoin News.

Winklevoss Bitcoin Exchange Gemini to Launch Daily Auctions

CoinDesk

2016. Sep. 21. 14:00

Winklevoss Bitcoin Exchange Gemini to Launch Daily Auctions Gemini Trading, the bitcoin and ethereum exchange founded by Tyler and Cameron Winklevoss, is set to host its first bitcoin auction.

Source

Winklevoss Exchange Gemini to Launch Daily Bitcoin Auctions

CoinDesk

2016. Sep. 21. 14:00

Winklevoss Exchange Gemini to Launch Daily Bitcoin Auctions Gemini Trading, the bitcoin and ethereum exchange founded by Tyler and Cameron Winklevoss, is set to host its first bitcoin auction.

Source

Asset Managers Expect to Be Using Blockchain in Five Years

CoinDesk

2016. Sep. 21. 13:38

Asset Managers Expect to Be Using Blockchain in Five Years A new survey has found that nearly two-thirds (64%) of asset managers expect to using blockchain technology within the next five years.

Source

WINGS: The New DAO on the Block Says it Won’t Fail Like Slock.it

Bitcoin News

2016. Sep. 21. 12:00

WINGS: The New DAO on the Block Says it Won’t Fail Like Slock.it

In the wake of the Etherum-based Slock.it DAO’s catastrophic failure, new project Wings thinks it can make a DAO that is both better and more secure. Also read: Bitmain CEO: Bitcoin Can Advance China’s Economy in a Big Way WINGS: A New DAO Instead of a “simple” venture capital platform, Wings provides a forecasting service. With this service,

The post WINGS: The New DAO on the Block Says it Won’t Fail Like Slock.it appeared first on Bitcoin News.

Historic Day For Bitcoin As Bitcoin.com Pool Starts Mining

Bitcoin News

2016. Sep. 21. 11:54

Historic Day For Bitcoin As Bitcoin.com Pool Starts Mining

Bitcoin is about to change for the better – Bitcoin.com’s own mining pool mined its first block today, running software that allows miners and nodes to set their own block sizes. Also read: ‘Bitcoin Unlimited’ Reveals $500k Donation, Formal US Registration First Block Mined Today The Bitcoin.com pool mined its first block, block 430757, on Wednesday September 21,

The post Historic Day For Bitcoin As Bitcoin.com Pool Starts Mining appeared first on Bitcoin News.

Thomson Reuters Demos New Ethereum Blockchain Use Cases

CoinDesk

2016. Sep. 21. 07:49

Thomson Reuters Demos New Ethereum Blockchain Use Cases Thomson Reuters scientist Dr Tim Nugent detailed the company's ethereum research efforts at Devcon2 today.

Source

Thomson Reuters Presents New Ethereum Blockchain Research

CoinDesk

2016. Sep. 21. 07:49

Thomson Reuters Presents New Ethereum Blockchain Research Thomson Reuters scientist Dr Tim Nugent detailed the company's ethereum research efforts at Devcon2 today.

Source

Microsoft's Bletchley Blockchain Project Enters Next Phase

CoinDesk

2016. Sep. 21. 02:30

Microsoft's Bletchley Blockchain Project Enters Next Phase Microsoft unveiled a new version of its consortium blockchain software Bletchley today.

Source

Microsoft Bletchley Blockchain Project Enters Next Phase

CoinDesk

2016. Sep. 21. 02:30

Microsoft Bletchley Blockchain Project Enters Next Phase Microsoft unveiled a new version of its consortium blockchain software Bletchley today.

Source

Accenture to Debut “Editable” Blockchain Next Week

Bitcoin News

2016. Sep. 21. 01:00

Accenture to Debut “Editable” Blockchain Next Week

Global professional services group Accenture has announced a prototype that they call an “editable blockchain.” The firm says the concept addresses immutability concerns and the right to be forgotten laws. Also read: Accenture Exec Says Bitcoin Immutability Is a Flaw, Not a Virtue Accenture Editable Blockchains Preferred By Banks Last week, an executive from Accenture described Bitcoin’s

The post Accenture to Debut “Editable” Blockchain Next Week appeared first on Bitcoin News.

Blockchain Revolution Won't Happen 'Soon', Says Bank of England

CoinDesk

2016. Sep. 20. 21:05

Blockchain Revolution Won't Happen 'Soon', Says Bank of England A senior Bank of England official doesn’t believe widespread blockchain adoption will happen anytime soon.

Source

Blockchain Revolution Won't Happen 'Any Time Soon', Says Bank of England Official

CoinDesk

2016. Sep. 20. 21:05

Blockchain Revolution Won't Happen 'Any Time Soon', Says Bank of England Official A senior Bank of England official doesn’t believe widespread blockchain adoption will happen anytime soon.

Source

‘No More Ransom’: A Summer Ransomware Project by Tech Security Giants

Bitcoin News

2016. Sep. 20. 21:00

‘No More Ransom’: A Summer Ransomware Project by Tech Security Giants

Europol, the Dutch national police, McAfee, Intel Security and Kaspersky Labs have spent this past summer helping victims of ransomware. Calling themselves the “No More Ransom Project,” the group helps people learn about ransomware and how to prevent it, as well as offering tools to help victims recover lost data.  Also read: OpenBazaar 2.0 Now Running on Tor Network

The post ‘No More Ransom’: A Summer Ransomware Project by Tech Security Giants appeared first on Bitcoin News.

State Street Tests Blockchain for Investment Tracking

CoinDesk

2016. Sep. 20. 19:20

State Street Tests Blockchain for Investment Tracking State Street is working on a new blockchain project aimed at cataloging transactions tied to investment assets.

Source

State Street Tests Blockchain for Tracking Investment Transactions

CoinDesk

2016. Sep. 20. 19:20

State Street Tests Blockchain for Tracking Investment Transactions State Street is working on a new blockchain project aimed at cataloging transactions tied to investment assets.

Source

JPMorgan Seeks Faster Settlement Times in Blockchain Trials

CoinDesk

2016. Sep. 20. 18:12

JPMorgan Seeks Faster Settlement Times in Blockchain Trials A JPMorgan executive says the multinational bank still has a long way to go to meet its blockchain objectives.

Source

‘Facebook-Killer’ Synereo Raises $2M in First Six Hours of Crowdsale

Bitcoin News

2016. Sep. 20. 18:00

‘Facebook-Killer’ Synereo Raises $2M in First Six Hours of Crowdsale

Synereo, a new social platform with ambitions to “decentralize the web,” has launched its second crowdsale, raising almost $2 million USD in the first six hours. Also read: ‘Yours Network’ to Use Bitcoin in Competition Against Steemit $2 Million Raised and Counting The Tel-Aviv-based startup aims to be more than just a decentralized version of Facebook. Synereo said

The post ‘Facebook-Killer’ Synereo Raises $2M in First Six Hours of Crowdsale appeared first on Bitcoin News.

Bitmain CEO: Bitcoin Can Advance China’s Economy in a Big Way

Bitcoin News

2016. Sep. 20. 15:48

Bitmain CEO: Bitcoin Can Advance China’s Economy in a Big Way

Bitcoin and blockchain are going mainstream in China. As a sign, a major fintech forum in Shanghai recently invited Bitmain CEO Jihan Wu to talk about its role in transforming finance and China’s economy. Also read: Purse and Unocoin Partner to ‘Drive Indian Bitcoin Adoption’ The event attracted dozens of media representatives, while over 300 financial industry participants also watched

The post Bitmain CEO: Bitcoin Can Advance China’s Economy in a Big Way appeared first on Bitcoin News.

Nasdaq Veteran Joins Ethereum Foundation as Security Lead

CoinDesk

2016. Sep. 20. 13:45

Nasdaq Veteran Joins Ethereum Foundation as Security Lead Nasdaq information security specialist Martin Holst Swende has officially joined the Ethereum Foundation as its full-time security lead.

Source

New York Judge Classifies Bitcoin As Money

Bitcoin News

2016. Sep. 20. 12:00

New York Judge Classifies Bitcoin As Money

On September 19 U.S. Federal Judge Alison Nathan in Manhattan declared Bitcoin is money. The judgment follows the recent Florida ruling in which the Judge decided the opposite — that Bitcoin is not money. The decisions in both states show U.S. officials don’t see eye to eye on classifiying cryptocurrency. Also read: Bitcoin Legislation Coming to Florida

The post New York Judge Classifies Bitcoin As Money appeared first on Bitcoin News.

Accenture: Absolute Immutability Will Slow Blockchain Progress

CoinDesk

2016. Sep. 20. 11:22

Accenture: Absolute Immutability Will Slow Blockchain Progress David Treat, managing director and head of Accenture's capital markets blockchain practice, opines on the difficulties of immutability.

Source

Accenture: Absolute Immutability Will Slow Permissioned Blockchain Progress

CoinDesk

2016. Sep. 20. 11:22

Accenture: Absolute Immutability Will Slow Permissioned Blockchain Progress David Treat, managing director and head of Accenture's capital markets blockchain practice, opines on the difficulties of immutability.

Source

7 Financial Firms Test Blockchain for Data Management

CoinDesk

2016. Sep. 20. 10:28

7 Financial Firms Test Blockchain for Data Management Credit Suisse, Citi and HSBC are among seven financial firms to participate in a blockchain data management trial.

Source

Santander Vies to Become First Bank to Issue Cash on Blockchain

CoinDesk

2016. Sep. 20. 05:43

Santander Vies to Become First Bank to Issue Cash on Blockchain Spanish banking giant Santander is working on a project that explores how it could digitize customer cash using the public ethereum blockchain.

Source

Cash Culture: Bitcoin Is a Savior in a World that Demonizes ‘Big Bills’

Bitcoin News

2016. Sep. 20. 04:42

Cash Culture: Bitcoin Is a Savior in a World that Demonizes ‘Big Bills’

Harvard Public Policy professor Kenneth Rogoff might be a world-renowned economist, but he’s dead wrong on banning cash. Or, as he prefers, getting rid of ‘big bills’ like $50s and $100s. Even if his opinions on cash prevail, though, there is one form of cash he can never ban: Bitcoin. Also read: Purse and Unocoin Partner

The post Cash Culture: Bitcoin Is a Savior in a World that Demonizes ‘Big Bills’ appeared first on Bitcoin News.

Bitcoin.com Podcast: New Host, New Episodes

Bitcoin News

2016. Sep. 20. 02:15

Bitcoin.com Podcast: New Host, New Episodes

In the latest Bitcoin.com Podcast, new hosts Gavin Knight and Stephen Polsky chat with Monero project leader Riccardo Spagni (a.k.a. “Fluffypony”) about block sizes, the future of cryptocurrency privacy and why he doesn’t care about markets. Also read: Purse and Unocoin Partner to ‘Drive Indian Bitcoin Adoption’ Gavin and Fluffypony talk Monero Spagni said he became interested in

The post Bitcoin.com Podcast: New Host, New Episodes appeared first on Bitcoin News.

Federal Judge Rules Bitcoin is Money in US Trial

CoinDesk

2016. Sep. 20. 01:19

Federal Judge Rules Bitcoin is Money in US Trial A federal judge in New York has ruled that bitcoin constitutes a form of money.

Source

US Federal Judge Rules Bitcoin is Money in Trial

CoinDesk

2016. Sep. 20. 01:19

US Federal Judge Rules Bitcoin is Money in Trial A federal judge in New York has ruled that bitcoin constitutes a form of money.

Source

Purse and Unocoin Partner to ‘Drive Indian Bitcoin Adoption’

Bitcoin News

2016. Sep. 19. 23:52

Purse and Unocoin Partner to ‘Drive Indian Bitcoin Adoption’

Bitcoin shopping platform Purse.io today announced a partnership with leading Indian cryptocurrency exchange Unocoin. Bitcoiners can use Purse to get 15-22 percent discounts on Amazon.in. Also Read: Unocoin Expands, Wants to ‘Take Bitcoin to Billions’ Purse and Unocoin Want to Encourage More Indian Bitcoin Use Bitcoin use in India is growing rapidly, so Purse wants Indian residents to take advantage of

The post Purse and Unocoin Partner to ‘Drive Indian Bitcoin Adoption’ appeared first on Bitcoin News.

Bank of England Considers Blockchain Compatibility for Settlement Service

CoinDesk

2016. Sep. 19. 20:14

Bank of England Considers Blockchain Compatibility for Settlement Service The UK’s central bank said last week that it wants its next-generation settlement system to be blockchain-compatible.

Source

IBM Tests Smart Contract Prototype With Mitsubishi UFJ

Bitcoin News

2016. Sep. 19. 19:26

IBM Tests Smart Contract Prototype With Mitsubishi UFJ

Multinational technology company IBM has recently announced a blockchain collaboration with the Bank of Tokyo-Mitsubishi UFJ (BTMU). As part of this partnership, the two plan to research the execution of contracts between companies using blockchain technology. Also read: OpenBazaar 2.0 Now Running on Tor Network Blockchain-Based Automated Agreements Between Both Companies The two firms plan on

The post IBM Tests Smart Contract Prototype With Mitsubishi UFJ appeared first on Bitcoin News.

Bitcoin Price Still Bruised After Bitfinex Hack

CoinDesk

2016. Sep. 19. 19:21

Bitcoin Price Still Bruised After Bitfinex Hack Bitcoin suffered a black eye in August because of the Bitfinex hack, but the digital currency quickly mounted a recovery.

Source

BNP Paribas Announces New Mini-Bond Blockchain Platform

Bitcoin News

2016. Sep. 19. 16:32

BNP Paribas Announces New Mini-Bond Blockchain Platform

French multinational financial services company BNP Paribas is building a new blockchain platform to allow private companies to issue mini-bonds — short-term debt instruments issued by private companies to investors. Also read: BNP Paribas Launches First American Blockchain ‘Bizhackathon’  BNP Paribas Announces Newest Initiative The bank’s custody arm, BNP Paribas Securities Services, is leading the new

The post BNP Paribas Announces New Mini-Bond Blockchain Platform appeared first on Bitcoin News.

Hyperledger Director Draws Dividing Line With 'Umbrella' Statement

CoinDesk

2016. Sep. 19. 15:10

Hyperledger Director Draws Dividing Line With 'Umbrella' Statement The new director of blockchain consortium Hyperleder lays out plans going forward and makes clear that competitors will be expected to cooperate.

Ethereum's Creator Proves Blockchain Scaling Vision is No Joke

CoinDesk

2016. Sep. 19. 13:52

Ethereum's Creator Proves Blockchain Scaling Vision is No Joke Ethereum creator Vitalik Buterin gave a lengthy speech at Devcon2 this week focused on efforts to scale the protocol.

Ethereum's Creator Proves Blockchain Scaling is No Joke at Devcon Keynote

CoinDesk

2016. Sep. 19. 13:52

Ethereum's Creator Proves Blockchain Scaling is No Joke at Devcon Keynote Ethereum creator Vitalik Buterin gave a lengthy speech at Devcon2 this week focused on efforts to scale the protocol.

Ethereum's 'Holy Trinity' Takes Shape As Swarm Testnet Arrives

CoinDesk

2016. Sep. 19. 11:15

Ethereum's 'Holy Trinity' Takes Shape As Swarm Testnet Arrives One-third of ethereum's 'Holy Trinity' of protocols may soon pass a key milestone.

French Bank BNP is Testing Blockchain for Mini-Bonds

CoinDesk

2016. Sep. 19. 05:37

French Bank BNP is Testing Blockchain for Mini-Bonds BNP Paribas has announced its latest blockchain project will focus on 'mini-bonds' for small investors.

Quantum Computing: The Answer to Bitcoin Mining Centralization?

Bitcoin News

2016. Sep. 19. 01:00

Quantum Computing: The Answer to Bitcoin Mining Centralization?

The quantity of energy Bitcoin mining consumes, and the related detrimental impact on the environment, is of great concern. Specifically, electricity continues to make up the largest cost associated with Bitcoin mining. Thanks to advances in quantum computing research, reductions in energy consumption and costs might be just around the corner. Also Read: NIST Starts Developing

The post Quantum Computing: The Answer to Bitcoin Mining Centralization? appeared first on Bitcoin News.

Dark Net Market Vendors Reveal Their Day-to-Day Lives on Reddit

Bitcoin News

2016. Sep. 18. 21:00

Dark Net Market Vendors Reveal Their Day-to-Day Lives on Reddit

The subject of Dark Net Markets (DNM) is considered taboo, and people often wonder how these markets operate from the inside. So, on September 16, a person decided to ask on the subreddit r/darknetmarkets what a day in the life of a DNM vendor was like. A few vendors decided to share their personal anecdotes on life

The post Dark Net Market Vendors Reveal Their Day-to-Day Lives on Reddit appeared first on Bitcoin News.

9 Must-Watch Talks at Ethereum's Big Developer Event

CoinDesk

2016. Sep. 18. 18:53

9 Must-Watch Talks at Ethereum's Big Developer Event Heading to Devcon2 yourself or watching the livestream? Here’s our round-up of the events on our schedule.

ZCoin Launching Soon: Promises Full, Untraceable Anonymity

Bitcoin News

2016. Sep. 18. 16:55

ZCoin Launching Soon: Promises Full, Untraceable Anonymity

When it comes to privacy in the vast realm of digital currencies, non-traceable software is a big deal. On September 25, ZCoin will launch the first cryptocurrency that utilizes the Zerocoin protocol, which promises full anonymity on the blockchain. Also read: OpenBazaar 2.0 Now Running on Tor Network A Cryptocurrency Using Zero-Knowledge Cryptographic Proofs Is Coming Soon

The post ZCoin Launching Soon: Promises Full, Untraceable Anonymity appeared first on Bitcoin News.

Bitcoin and the Brave Future of Browsers

CoinDesk

2016. Sep. 18. 16:17

Bitcoin and the Brave Future of Browsers A new bitcoin-powered browser called Brave promises to bring users a more private, ad-free Internet experience, and boost income for web publishers.

Bitcoin Salary Startup Nominated for Innovation Award

Bitcoin News

2016. Sep. 18. 12:00

Bitcoin Salary Startup Nominated for Innovation Award

Australian Bitcoin salary company Get Paid In Bitcoin is competing for an “Innovative Startup” award in its home state, Tasmania. Voting is now underway. Also read: Self-Driving Cars Don’t Need Uber, They Need Digital Cash GPIB is nominated in the Innovative Startup category at the Innovative Tasmania Awards 2016. Voting for the awards, which are part of a

The post Bitcoin Salary Startup Nominated for Innovation Award appeared first on Bitcoin News.

Overstock’s TØ to Issue First Public Blockchain Equities

Bitcoin News

2016. Sep. 18. 04:54

Overstock’s TØ to Issue First Public Blockchain Equities

Overstock.com’s blockchain-based trading startup, TØ, has announced its partnership with the Keystone Capital Corporation. The collaboration marks the first public issuance of blockchain equities. Also read: Overstock.com to Take the Bitcoin Blockchain Public in ‘Matter of Weeks’ Keystone Capital and TØ’s Public Blockchain Equities On September 14, Overstock’s TØ was selected by Keystone Capital Corporation to use

The post Overstock’s TØ to Issue First Public Blockchain Equities appeared first on Bitcoin News.

Bitfinex Issues Bitcoin Hack Repayment Plan Update

CoinDesk

2016. Sep. 18. 00:00

Bitfinex Issues Bitcoin Hack Repayment Plan Update Bitfinex has announced two ways for account holders to exchange their BFX tokens for a beneficial interest in Bitfinex parent firm, iFinex Inc.

Bitfinex Issues Hack Repayment Plan Update

CoinDesk

2016. Sep. 18. 00:00

Bitfinex Issues Hack Repayment Plan Update Bitfinex has announced two ways for account holders to exchange their BFX tokens for a beneficial interest in Bitfinex parent firm, iFinex Inc.

How Ethereum's Wallets Are Evolving

CoinDesk

2016. Sep. 17. 18:08

How Ethereum's Wallets Are Evolving Ethereum was built using different consensus rules than bitcoin, so wallets also need to function in an alternative way. But what are the options?

OpenBazaar 2.0 Now Running on Tor Network

Bitcoin News

2016. Sep. 17. 16:00

OpenBazaar 2.0 Now Running on Tor Network

OpenBazaar has just run the first successful test on its upcoming version 2.0, designed to run on the Tor privacy network. Also read: Etsy’s Payment Problems Are OpenBazaar’s Opportunity OpenBazaar on Tor Developer Chris Pacia connected to OpenBazaar over Tor using an alpha version of the upcoming v2.0 software in his lab. This version of OpenBazaar is not complete, and

The post OpenBazaar 2.0 Now Running on Tor Network appeared first on Bitcoin News.

OpenBazaar 2.0 Now Running Tor Network

Bitcoin News

2016. Sep. 17. 16:00

OpenBazaar 2.0 Now Running Tor Network

OpenBazaar has just run the first successful test on its upcoming version 2.0, designed to run on the Tor privacy network. Also read: Etsy’s Payment Problems Are OpenBazaar’s Opportunity OpenBazaar on Tor Developer Chris Pacia connected to OpenBazaar over Tor using an alpha version of the upcoming v2.0 software in his lab. This version of OpenBazaar is not complete, and

The post OpenBazaar 2.0 Now Running Tor Network appeared first on Bitcoin News.

The Upside of the Internet: Defending Bitcoin's 'Downside'

CoinDesk

2016. Sep. 17. 15:45

The Upside of the Internet: Defending Bitcoin's 'Downside' BlockCypher's Josh Cincinnati critiques a recent NYTimes article that suggested bitcoin's immutable ledger of transactions is its weakness.

Ripple Secures $55M in Funding From Legacy Institutions

Bitcoin News

2016. Sep. 17. 12:00

Ripple Secures $55M in Funding From Legacy Institutions

San Francisco-based Ripple announced it has received $55 million in a Series B funding round. The capital injection makes the startup one of the largest funded blockchain-based projects in the industry. Also read: New Santander App Combines Ripple & ApplePay $55 Million Gives Ripple Labs ‘Tons of Runway’ The permissioned blockchain has continued to make progress since

The post Ripple Secures $55M in Funding From Legacy Institutions appeared first on Bitcoin News.

Economists Have Admitted a Mistake That Could Change How We View Capitalism

Bitcoin News

2016. Sep. 17. 01:14

Economists Have Admitted a Mistake That Could Change How We View Capitalism

The “elephant chart.” It has been used since 2012 to explain how capitalism causes income inequality, which in turn has been a top political issue, picked apart, dramatized and demonized by social justice warriors for years. It turns out that that chart was wrong, and economists are back to square one in explaining income equality. Also

The post Economists Have Admitted a Mistake That Could Change How We View Capitalism appeared first on Bitcoin News.

‘Keys to the Kingdom’: Ulbricht Defense Slams Court in Latest Brief

Bitcoin News

2016. Sep. 16. 23:07

‘Keys to the Kingdom’: Ulbricht Defense Slams Court in Latest Brief

The defense team for Ross Ulbricht recently filed a reply brief in the Second Circuit U.S. Court of Appeals, in addition to the original appeal. Both Ulbricht’s family and defense attorney Joshua Dratel believe the Silk Road founder received an unfair trial for multiple reasons. Also read: In Depth Interview With Lyn Ulbricht: Family, Activism, and

The post ‘Keys to the Kingdom’: Ulbricht Defense Slams Court in Latest Brief appeared first on Bitcoin News.

Does the Original Bitcoin Wallet Still Matter?

CoinDesk

2016. Sep. 16. 18:40

Does the Original Bitcoin Wallet Still Matter? The descendant of Satoshi's original bitcoin wallet is still available today, and continuing to see upgrades.

Self-Driving Cars Don’t Need Uber, They Need Digital Cash

Bitcoin News

2016. Sep. 16. 18:00

Self-Driving Cars Don’t Need Uber, They Need Digital Cash

By combining bleeding-edge technologies like Bitcoin, smart-contracts and the self-driving car, ride-sharing companies such as Uber and Lyft could become obsolete as payment intermediaries. Also read: Ethereum’s Blockchain ‘Makes Most Sense’ for ‘Gamified’ Ride-Sharing Uber Testing Self-Driving Cars Everyone’s excited about Uber’s latest pilot program to test self-driving vehicles in the city of Pittsburgh, Pennsylvania. But the dirty little secret

The post Self-Driving Cars Don’t Need Uber, They Need Digital Cash appeared first on Bitcoin News.

Making Sense of Blockchain's Summer of Stupid (On Perfect Illusions)

CoinDesk

2016. Sep. 16. 16:00

Making Sense of Blockchain's Summer of Stupid (On Perfect Illusions) What do we make of the blockchain's confounding summer of 2016? CoinDesk's Pete Rizzo attempts to explain.

German Energy Giant Now Accepts Bitcoin for Utility Bills

Bitcoin News

2016. Sep. 16. 15:56

German Energy Giant Now Accepts Bitcoin for Utility Bills

Customers of one of Germany’s largest energy providers Enercity can now pay their electricity bills with bitcoin, the company announced today. Also read: KPMG Collaborates with Microsoft to Offer Blockchain Services Hanover Residents Can Pay Utility Bills With Bitcoin Enercity provides both the public and industry with electricity, gas, district heating, and drinking water. One of

The post German Energy Giant Now Accepts Bitcoin for Utility Bills appeared first on Bitcoin News.

Bank of Tokyo is Planning to Use Blockchain for Contract Management

CoinDesk

2016. Sep. 16. 14:50

Bank of Tokyo is Planning to Use Blockchain for Contract Management Bank of Tokyo-Mitsubishi UFJ (BTMU) intends to begin managing its contracts on a blockchain-based platform.

Overstock: Broker-Dealer Deal Will Open Blockchain Floodgates

CoinDesk

2016. Sep. 16. 14:00

Overstock: Broker-Dealer Deal Will Open Blockchain Floodgates Overstock subsidiary tØ signs its first broker-dealer, Keystone Capital, in its ongoing effort to build a blockchain post-trade solution.

Overstock: Broker-Dealer Deal Will Open Blockchain Securities Floodgates

CoinDesk

2016. Sep. 16. 14:00

Overstock: Broker-Dealer Deal Will Open Blockchain Securities Floodgates Overstock subsidiary tØ signs its first broker-dealer, Keystone Capital, in its ongoing effort to build a blockchain post-trade solution.

Life in the Bitcoin.com Bus: An Interview With Catherine Bleish

Bitcoin News

2016. Sep. 16. 12:00

Life in the Bitcoin.com Bus: An Interview With Catherine Bleish

Bitcoin.com chatted with Catherine Bleish, who embarked on the Dash Across America Tour on the Bitcoin.com Bus. Bleish gave us an inside look at her family’s travels, where they used cryptocurrency as their only means of funding the trip. The tour was a great success and managed to show thousands of people the benefits of decentralization, unschooling, and our favorite cryptocurrency

The post Life in the Bitcoin.com Bus: An Interview With Catherine Bleish appeared first on Bitcoin News.

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