Former Barclays Chief Believes Blockchain and Cryptocurrencies Could Make Banks Irrelevant

Bitcoin News

2017. Jun. 30. 22:00

Former Barclays Chief Believes Blockchain and Cryptocurrencies Could Make Banks Irrelevant

Former Barclays chief executive and current UK shadow chair of the Institute for Apprenticeships, Antony Jenkins has warned that banks may become antiquated and irrelevant should they fail to embrace contemporary fintech solutions in a recent interview with CNBC. Also Read: Barclays Want UK Government to Regulate Bitcoin Mr. Jenkins Suggested That Emerging Financial Technologies

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Former Barclays Chief Says Blockchain and Crypto Could Make Banks Irrelevant

Bitcoin News

2017. Jun. 30. 22:00

Former Barclays Chief Says Blockchain and Crypto Could Make Banks Irrelevant

Former Barclays chief executive and current UK shadow chair of the Institute for Apprenticeships, Antony Jenkins has warned that banks may become antiquated and irrelevant should they fail to embrace contemporary fintech solutions in a recent interview with CNBC. Also Read: Barclays Want UK Government to Regulate Bitcoin Mr. Jenkins Suggested That Emerging Financial Technologies

The post Former Barclays Chief Says Blockchain and Crypto Could Make Banks Irrelevant appeared first on Bitcoin News.

German Politicians Join Advisory Panel for Blockchain Advocacy Group

CoinDesk

2017. Jun. 30. 20:45

German Politicians Join Advisory Panel for Blockchain Advocacy Group A new organization focused on public advocacy for blockchain has been launched in Germany.

Source

PR: XinFin.Org Blockchain Releases Business White Paper Showcasing IoT Enabled Real World Connectivity

Bitcoin News

2017. Jun. 30. 18:30

PR: XinFin.Org Blockchain Releases Business White Paper Showcasing IoT Enabled Real World Connectivity

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. XinFin.org which opened it’s Pre ICO sale 3 weeks ago is

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Bitcoin Exchanges Launch Insurance Products in Japan

CoinDesk

2017. Jun. 30. 18:30

Bitcoin Exchanges Launch Insurance Products in Japan Two bitcoin exchanges in Japan are launching insurance products aimed at preventing losses tied to failed transactions.

Source

The Future of Bitcoin Conference Begins in the Netherlands ‘Bitcoin City’

Bitcoin News

2017. Jun. 30. 17:28

The Future of Bitcoin Conference Begins in the Netherlands ‘Bitcoin City’

Arnhem, Netherlands, June 30-July 1st, 2017 — Today kicks off ‘The Future of Bitcoin’ conference, a two-day event that highlights the decentralized, peer-to-peer, and permissionless global technology known as Bitcoin. Watch The Future of Bitcoin Live Stream Here  The Future of Bitcoin: Two Days of Presentations and Productive Discussions in the Netherlands ‘Bitcoin City’ Over

The post The Future of Bitcoin Conference Begins in the Netherlands ‘Bitcoin City’ appeared first on Bitcoin News.

Japan to Test Blockchain for Government Contract System

CoinDesk

2017. Jun. 30. 17:15

Japan to Test Blockchain for Government Contract System Japan is reportedly looking to integrate blockchain into its online systems for accepting government contract bids.

Source

How Michael Richo Stole Bitcoins via Imposter Exchange Sites and Dark Web Phishing Schemes

Bitcoin News

2017. Jun. 30. 17:00

How Michael Richo Stole Bitcoins via Imposter Exchange Sites and Dark Web Phishing Schemes

Michael Richo waived his right to be indicted and pleaded guilty in a Connecticut courthouse on June 27 for charges related to operating a dark web phishing scheme. He pleaded guilty to money laundering charges and charges of fraud. Richo was originally arrested on October 5, 2016, in connection with the crimes. In the scheme,

The post How Michael Richo Stole Bitcoins via Imposter Exchange Sites and Dark Web Phishing Schemes appeared first on Bitcoin News.

PR: Rivetz Introduces Decentralized Cybersecurity Token to Secure Devices

Bitcoin News

2017. Jun. 30. 16:24

PR: Rivetz Introduces Decentralized Cybersecurity Token to Secure Devices

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. RvT Token Technology Can Enable Provable Cybersecurity Controls, Putting Device Security

The post PR: Rivetz Introduces Decentralized Cybersecurity Token to Secure Devices appeared first on Bitcoin News.

Illinois Lawmakers Pass Bill Forming Blockchain Task Force

CoinDesk

2017. Jun. 30. 16:00

Illinois Lawmakers Pass Bill Forming Blockchain Task Force Lawmakers in Illinois have passed a bill to create an intergovernmental working group that will study public sector applications of blockchain.

Source

Swift Completes Blockchain Smart Contracts Trial

CoinDesk

2017. Jun. 30. 15:00

Swift Completes Blockchain Smart Contracts Trial Interbank messaging platform Swift has completed a blockchain proof-of-concept built using a data oracle from startup SmartContract.

Source

Delaware Blockchain Stock Bill Likely to Advance in House Vote Today

CoinDesk

2017. Jun. 30. 14:00

Delaware Blockchain Stock Bill Likely to Advance in House Vote Today The US state of Delaware is today expected to vote on a bill that would recognize stock recorded on a blockchain.

Source

The $28-Billion Challenge: Can Ethereum Scale to Meet Demand?

CoinDesk

2017. Jun. 30. 12:30

The $28-Billion Challenge: Can Ethereum Scale to Meet Demand? While it is now vying with bitcoin for the No. 1 cryptocurrency crown, ethereum is still far from becoming the "world computer" originally envisioned.

Source

Japanese Bitcoin Exchanges Roll Out Insurance to Help Merchants Accept Bitcoin

Bitcoin News

2017. Jun. 30. 12:00

Japanese Bitcoin Exchanges Roll Out Insurance to Help Merchants Accept Bitcoin

Japan’s leading bitcoin exchanges, Bitflyer and Coincheck, will start offering insurance for merchants to cover failed transactions involving bitcoin. Also read: Bitpoint Adds Bitcoin and Ether Payments to Platform with Unionpay, Wechat Pay and Alipay Insurance for Bitcoin-Accepting Merchants Two of Japan’s leading bitcoin exchanges, Bitflyer and Coincheck, are partnering with large Japanese insurance companies to

The post Japanese Bitcoin Exchanges Roll Out Insurance to Help Merchants Accept Bitcoin appeared first on Bitcoin News.

Japanese Exchanges Roll Out Insurance to Help Merchants Accept Bitcoin Instantly

Bitcoin News

2017. Jun. 30. 12:00

Japanese Exchanges Roll Out Insurance to Help Merchants Accept Bitcoin Instantly

Japan’s leading bitcoin exchanges, Bitflyer and Coincheck, will start offering insurance for merchants to cover failed transactions involving bitcoin. Also read: Bitpoint Adds Bitcoin and Ether Payments to Platform with Unionpay, Wechat Pay and Alipay Insurance for Bitcoin-Accepting Merchants Two of Japan’s leading bitcoin exchanges, Bitflyer and Coincheck, are partnering with large Japanese insurance companies to

The post Japanese Exchanges Roll Out Insurance to Help Merchants Accept Bitcoin Instantly appeared first on Bitcoin News.

China's Central Bank Opens New Digital Currency Research Institute

CoinDesk

2017. Jun. 30. 11:00

China's Central Bank Opens New Digital Currency Research Institute The People's Bank of China released the official address and other details about its new cryptocurrency research institute this week.

Source

Asia-Focused Luxury Travel Agency Smiling Albino to Start Accepting Bitcoin

Bitcoin News

2017. Jun. 30. 09:00

Asia-Focused Luxury Travel Agency Smiling Albino to Start Accepting Bitcoin

The Southeast Asian travel agency, Smiling Albino, announced they would begin accepting bitcoin for payment on August 1. The company is based out of Bangkok, Thailand. They work with clients to provide specialized and tailored traveling throughout Southeast Asia. They will accept bitcoin transactions for organizing customized travels in Thailand, Cambodia, Vietnam, Laos and Myanmar. The

The post Asia-Focused Luxury Travel Agency Smiling Albino to Start Accepting Bitcoin appeared first on Bitcoin News.

Pantera Capital Files With SEC for ICO Hedgefund

Bitcoin News

2017. Jun. 30. 07:00

Pantera Capital Files With SEC for ICO Hedgefund

United States-based bitcoin investment firm, Pantera Capital, has filed with the U.S Securities and Exchanges Commission (SEC) for an Initial Coin Offering (ICO) hedgefund. Also Read: SEC Eyes Initial Coin Offerings for Regulatory Oversight If Successful, Pantera ICO Fund LP Will Be the World’s First ICO Hedgefund Pantera Capital is hoping to become the first

The post Pantera Capital Files With SEC for ICO Hedgefund appeared first on Bitcoin News.

Valenok Becomes First Restaurant in Moscow to Accept Bitcoin

Bitcoin News

2017. Jun. 30. 04:00

Valenok Becomes First Restaurant in Moscow to Accept Bitcoin

A large dining establishment in the center of Moscow reportedly became the first restaurant to accept bitcoin payments in Russia’s capital city on Tuesday, according to local media outlets. Valenok is part of the Novikov Group, which owns over 50 restaurants and franchises. Now the company is considering installing bitcoin ATMs as well. Also read: Bitpoint

The post Valenok Becomes First Restaurant in Moscow to Accept Bitcoin appeared first on Bitcoin News.

Midwest Peace and Liberty Fest: Intimate Fireside Bitcoin Conversations

Bitcoin News

2017. Jun. 30. 01:00

Midwest Peace and Liberty Fest: Intimate Fireside Bitcoin Conversations

On June 22 to 26, many anarchists and freedom families congregated in Delton, Michigan for the Midwest Peace and Liberty Fest 5. It is a gathering for all liberty lovers who are looking to network, connect, mingle, and spend some time in nature. Bitcoin.com was lucky enough to make an appearance at the festival and provide

The post Midwest Peace and Liberty Fest: Intimate Fireside Bitcoin Conversations appeared first on Bitcoin News.

Miners Boost Ethereum's Transaction Capacity With Gas Limit Increase

CoinDesk

2017. Jun. 29. 22:30

Miners Boost Ethereum's Transaction Capacity With Gas Limit Increase Ethereum miners are raising the network’s transaction capacity, a move that comes amid criticism about blockchain congestion.

Source

Felt Boot Restaurant Valenok Becomes the First in Moscow to Accept Bitcoin

Bitcoin News

2017. Jun. 29. 20:00

Felt Boot Restaurant Valenok Becomes the First in Moscow to Accept Bitcoin

A large dining establishment in the center of Moscow reportedly became the first restaurant to accept bitcoin payments in Russia’s capital city on Tuesday, according to local media outlets. Valenok is part of the Novikov Group, which owns over 50 restaurants and franchises. Now the company is considering installing bitcoin ATMs as well. Also read: Bitpoint

The post Felt Boot Restaurant Valenok Becomes the First in Moscow to Accept Bitcoin appeared first on Bitcoin News.

Valenok Becomes First Restaurant in Moscow to Accept Bitcoin

Bitcoin News

2017. Jun. 29. 20:00

Valenok Becomes First Restaurant in Moscow to Accept Bitcoin

A large dining establishment in the center of Moscow reportedly became the first restaurant to accept bitcoin payments in Russia’s capital city on Tuesday, according to local media outlets. Valenok is part of the Novikov Group, which owns over 50 restaurants and franchises. Now the company is considering installing bitcoin ATMs as well. Also read: Bitpoint

The post Valenok Becomes First Restaurant in Moscow to Accept Bitcoin appeared first on Bitcoin News.

US Government Organizes 'Federal Blockchain Forum' for July

CoinDesk

2017. Jun. 29. 20:00

US Government Organizes 'Federal Blockchain Forum' for July The US government is set to host an inter-agency blockchain event next month.

Source

Russia Wants Regulators to Research Blockchain Security Risks

CoinDesk

2017. Jun. 29. 18:40

Russia Wants Regulators to Research Blockchain Security Risks The Security Council of Russia plans to research the risks of blockchain, according to a government statement published today.

Source

Arizona Bitcoin Trader Charged With Money Laundering

CoinDesk

2017. Jun. 29. 17:35

Arizona Bitcoin Trader Charged With Money Laundering A bitcoin trader and advocate in Arizona has been charged with operating an unlawful money transmission.

Source

Fidelity's Charity Arm Has Raised $9 Million in Bitcoin So Far in 2017

CoinDesk

2017. Jun. 29. 16:35

Fidelity's Charity Arm Has Raised $9 Million in Bitcoin So Far in 2017 Fidelity Charitable has announced it has raised nearly $9m in bitcoin in 2017, a figure that already surpasses last year's total.

Source

Fidelity Charitable Has Raised $9 Million in Bitcoin So Far in 2017

CoinDesk

2017. Jun. 29. 16:35

Fidelity Charitable Has Raised $9 Million in Bitcoin So Far in 2017 Fidelity Charitable has announced it has raised nearly $9m in bitcoin in 2017, a figure that already surpasses last year's total.

Source

The Online Porn Industry Continues to Adopt Bitcoin for Payments

Bitcoin News

2017. Jun. 29. 16:00

The Online Porn Industry Continues to Adopt Bitcoin for Payments

There’s a lot of talk about drug purchases on darknet markets with bitcoin and the use of the censorship-resistant currency growing within the online gambling industry. However, there is another taboo industry that uses bitcoin more profoundly than we can imagine — The pornography business has been embracing bitcoin for quite some time and continues

The post The Online Porn Industry Continues to Adopt Bitcoin for Payments appeared first on Bitcoin News.

Pot-Friendly Bitcoin Payments Startup Raises $1.5 Million

CoinDesk

2017. Jun. 29. 15:00

Pot-Friendly Bitcoin Payments Startup Raises $1.5 Million POSaBIT, a Seattle-based digital currency payments startup with a focus on serving legal cannabis outlets, has raised $1.5m in funding.

Source

Pot-Friendly Bitcoin Startup Raises $1.5 Million

CoinDesk

2017. Jun. 29. 15:00

Pot-Friendly Bitcoin Startup Raises $1.5 Million POSaBIT, a Seattle-based digital currency payments startup with a focus on serving legal cannabis outlets, has raised $1.5m in funding.

Source

Bitcoin Scaling Project Segwit2x to Release New Code Tomorrow

CoinDesk

2017. Jun. 29. 14:10

Bitcoin Scaling Project Segwit2x to Release New Code Tomorrow Code for a popular but controversial bitcoin scaling proposal is set to be released on Friday, marking a major milestone for the effort.

Source

Bitcoin Scaling Project Segwit2x to Release New Code Today

CoinDesk

2017. Jun. 29. 14:10

Bitcoin Scaling Project Segwit2x to Release New Code Today Code for a popular but controversial bitcoin scaling proposal is set to be released on Friday, marking a major milestone for the effort.

Source

Bitcoin Phishing Scheme Perpetrator Pleads Guilty in Connecticut Court

CoinDesk

2017. Jun. 29. 13:00

Bitcoin Phishing Scheme Perpetrator Pleads Guilty in Connecticut Court A Connecticut resident has pleaded guilty to charges that he stole more than $300,000 in bitcoin as part of a phishing scheme.

Source

Electronics Giant LG is Testing R3's Distributed Ledger Software

CoinDesk

2017. Jun. 29. 12:00

Electronics Giant LG is Testing R3's Distributed Ledger Software A subsidiary of multinational electronics firm LG has announced it intends to investigate blockchain use cases in finance.

Source

Researcher: `Here’s Mathematical Proof the Lightning Network Will Be Centralized´

Bitcoin News

2017. Jun. 29. 12:00

Researcher: `Here’s Mathematical Proof the Lightning Network Will Be Centralized´

An article by Jonald Fyookball, which appeared on Medium, demonstrated that Lightning Network may not be as decentralized as some have imagined. The article is noteworthy because it attempts to criticize the problem of Lightning Network from a mathematical perspective. However, even though it goes into rigorous formulation, it also provides an non-mathematical explanation for the

The post Researcher: `Here’s Mathematical Proof the Lightning Network Will Be Centralized´ appeared first on Bitcoin News.

Celebrity Investor Mark Cuban is About to Participate in His First ICO

CoinDesk

2017. Jun. 29. 11:01

Celebrity Investor Mark Cuban is About to Participate in His First ICO Celebrity investor Mark Cuban has revealed he intends to purchase tokens as part of an ICO launched by one of his portfolio startups, Unikrn.

Source

India’s Finance Minister Holds Private Meeting On Bitcoin Regulation

Bitcoin News

2017. Jun. 29. 08:00

India’s Finance Minister Holds Private Meeting On Bitcoin Regulation

Just recently Bitcoin.com reported that the Indian government was soon planning to regulate bitcoin and the use of virtual currencies within the country. Now according to local reports, India’s Finance Minister Arun Jaitley held a private inter-ministerial meeting to discuss risks and concerns related to bitcoin regulation. Also read: Indian Bitcoin Adoption Responds to Government Signalling

The post India’s Finance Minister Holds Private Meeting On Bitcoin Regulation appeared first on Bitcoin News.

Revealing Your Digital Currency Holdings Online Is a Horrible Idea

Bitcoin News

2017. Jun. 29. 04:00

Revealing Your Digital Currency Holdings Online Is a Horrible Idea

This week a cryptocurrency trader who traded altcoins and bitcoin on the digital currency exchange Bittrex lost over 7 BTC ($18,000 USD) while recording the entire theft. The trader from New Zealand revealed his testimony and believes he was hacked by malicious bots created to steal digital assets. Also Read: GPU Shortage Intensifies as Cryptocurrency

The post Revealing Your Digital Currency Holdings Online Is a Horrible Idea appeared first on Bitcoin News.

Bitpoint Adds Bitcoin and Ether Payments to Platform with Unionpay, Wechat Pay and Alipay

Bitcoin News

2017. Jun. 29. 01:00

Bitpoint Adds Bitcoin and Ether Payments to Platform with Unionpay, Wechat Pay and Alipay

Japanese bitcoin exchange Bitpoint announced on Wednesday the partnership with Nippon Pay to offer cryptocurrency payment options alongside China’s three most popular payment services. Also read: Japan’s Largest Online Travel Agent Bringing Bitcoin to 1400+ Hotels This Summer “The World’s First” Bitpoint informed their customers on Wednesday that the company has “agreed to form a business

The post Bitpoint Adds Bitcoin and Ether Payments to Platform with Unionpay, Wechat Pay and Alipay appeared first on Bitcoin News.

Ether Rebounds As Price Rises Back Above $300

CoinDesk

2017. Jun. 29. 00:01

Ether Rebounds As Price Rises Back Above $300 The price of ether experienced an uptick on Wednesday after falling below the $300 mark during the day's trading session.

Source

Asus and Nvidia Announce Purpose-Built Cryptocurrency Mining GPUs

Bitcoin News

2017. Jun. 28. 23:00

Asus and Nvidia Announce Purpose-Built Cryptocurrency Mining GPUs

Leading graphics processing unit (GPU) manufacturers Asus and Nvidia have announced the release of new GPUs targeting the cryptocurrency mining market. Also Read: Sapphire Technology Announce Production of Graphics Cards Designed Solely for Cryptocurrency Mining The Announcements Follow Sapphire Technology Becoming the First GPU Producer to Target Cryptocurrency Miners GPU manufacturing giants Asus and Nvidia

The post Asus and Nvidia Announce Purpose-Built Cryptocurrency Mining GPUs appeared first on Bitcoin News.

Daimler AG Issues €100 Million Corporate Bond in Blockchain Trial

CoinDesk

2017. Jun. 28. 22:30

Daimler AG Issues €100 Million Corporate Bond in Blockchain Trial German automaker Daimler AG has issued a corporate bond worth €100m as part of a blockchain pilot project.

Source

Unlicensed Bitcoin Exchange Coin.mx Operator Sentenced to Five and a Half Years in Prison

Bitcoin News

2017. Jun. 28. 21:00

Unlicensed Bitcoin Exchange Coin.mx Operator Sentenced to Five and a Half Years in Prison

The former operator of Coin.mx, Anthony Murgio, has been tried and sentenced to five and a half years in prison, for running an unlicensed bitcoin exchange suspected of aiding and facilitating money laundering. Also Read: Assisting in Bitcoin Purchases for Ransomware May Be Illegal in the US Coin.mx Has Been Accused of Processing Millions of

The post Unlicensed Bitcoin Exchange Coin.mx Operator Sentenced to Five and a Half Years in Prison appeared first on Bitcoin News.

Europe's Second Largest Port Launches Blockchain Logistics Pilot

CoinDesk

2017. Jun. 28. 20:30

Europe's Second Largest Port Launches Blockchain Logistics Pilot The second-largest port in Europe by container capacity is now running a pilot blockchain project focused on logistics automation.

Source

Burger King Russia Franchise Plans to Accept Bitcoin Payments This Summer

Bitcoin News

2017. Jun. 28. 19:00

Burger King Russia Franchise Plans to Accept Bitcoin Payments This Summer

According to the regional news outlet, Uznay Vse, a Russian Burger King located in Moscow has begun testing bitcoin payments for food and drink purchases. The option to use the decentralized currency at Burger King Russia locations is expected to be rolled out across a few more restaurants in the country by the end of

The post Burger King Russia Franchise Plans to Accept Bitcoin Payments This Summer appeared first on Bitcoin News.

Pantera Capital to Raise $100 Million in Investment for ICO Hedge Fund

CoinDesk

2017. Jun. 28. 18:59

Pantera Capital to Raise $100 Million in Investment for ICO Hedge Fund A new hedge fund backed by Pantera Capital has raised $100m to invest in the open-source digital token space.

Source

CFTC Chief Asks Congress for More Money to Oversee Blockchain

CoinDesk

2017. Jun. 28. 17:30

CFTC Chief Asks Congress for More Money to Oversee Blockchain The CFTC has cited the advance of technologies like blockchain in a request to obtain additional funding for its oversight activities.

Source

Colombia Clarifies Stance on Bitcoin

Bitcoin News

2017. Jun. 28. 17:00

Colombia Clarifies Stance on Bitcoin

Colombia’s top financial regulator published a circular about digital currency last week, naming bitcoin several times. Citing its potential risks, the authority clarified its stance on the cryptocurrency. Also read: Colombia’s Poor Banking Infrastructure Great Potential for Bitcoin Bitcoin in Colombia The Colombian government and central bank have made statements in the past about bitcoin, but

The post Colombia Clarifies Stance on Bitcoin appeared first on Bitcoin News.

Blockchain Startup ChromaWay to Launch 'Hybrid Database' Product

CoinDesk

2017. Jun. 28. 16:45

Blockchain Startup ChromaWay to Launch 'Hybrid Database' Product Swedish startup ChromaWay has released a new product called Postchain that mixes blockchain and standard database technology.

Source

Bitcoin Legal Experts: nChain SegWit Criticisms Are Flawed

CoinDesk

2017. Jun. 28. 15:50

Bitcoin Legal Experts: nChain SegWit Criticisms Are Flawed An evaluation of the possible legal risks of a bitcoin protocol change written by startup nChain has been criticised by industry legal experts.

Source

IMF Publishes Report Detailing Regulatory Recommendations for the Cryptocurrency Industries

Bitcoin News

2017. Jun. 28. 15:00

IMF Publishes Report Detailing Regulatory Recommendations for the Cryptocurrency Industries

The International Monetary Fund (IMF) has released a report that focuses on advancements within the fintech industry, specifically looking at the rapidly evolving cross-border payments industry. An emphasis is placed upon discussing distributed ledger technology, which is presented as having the “potential to offer important service improvements and costs savings.” Much of the report seeks

The post IMF Publishes Report Detailing Regulatory Recommendations for the Cryptocurrency Industries appeared first on Bitcoin News.

New York Preschools Accept Bitcoin and Ether for Tuition Payments

CoinDesk

2017. Jun. 28. 14:30

New York Preschools Accept Bitcoin and Ether for Tuition Payments Two private preschools in New York City now allow parents to pay for tuition with bitcoin, ether and litecoin.

Source

Why Silicon Valley Accelerator 500 Startups Isn't Backing ICOs – Yet

CoinDesk

2017. Jun. 28. 13:30

Why Silicon Valley Accelerator 500 Startups Isn't Backing ICOs – Yet A famed early-stage Silicon Valley investment firm breaks its silence on ICOs and how the new funding method might affect its approach.

Source

Silicon Valley Accelerator 500 Startups Isn't Backing ICOs – Yet

CoinDesk

2017. Jun. 28. 13:30

Silicon Valley Accelerator 500 Startups Isn't Backing ICOs – Yet A famed early-stage Silicon Valley investment firm breaks its silence on ICOs and how the new funding method might affect its approach.

Source

R3 Completes DLT Commercial Paper Prototype with Bank Partners

CoinDesk

2017. Jun. 28. 12:35

R3 Completes DLT Commercial Paper Prototype with Bank Partners Consortium startup R3 has completed work with four banks on a prototype that issues short-term debt over its Corda distributed ledger platform.

Source

Sapphire Technology Announce Production of Graphics Cards Designed Solely for Cryptocurrency Mining

Bitcoin News

2017. Jun. 28. 12:00

Sapphire Technology Announce Production of Graphics Cards Designed Solely for Cryptocurrency Mining

Computer hardware company, Sapphire Technology, have announced that they will be releasing a line of headless graphics cards marketed towards cryptocurrency miners, as opposed to their traditional gamer customer-base. Also Read: GPU Shortage Intensifies as Cryptocurrency Mining Offers up to Twice the Average Russian Monthly Wage Sapphire Technology Is Hoping to Capitalize on the Recent

The post Sapphire Technology Announce Production of Graphics Cards Designed Solely for Cryptocurrency Mining appeared first on Bitcoin News.

'End Poverty, Restore Trust': World Bank Dives into Blockchain with Lab Launch

CoinDesk

2017. Jun. 28. 11:00

'End Poverty, Restore Trust': World Bank Dives into Blockchain with Lab Launch The World Bank is launching a blockchain lab to develop projects that can improve governance and social outcomes in the developing world.

Source

World Economic Forum Publishes Blockchain Governance Taxonomy

CoinDesk

2017. Jun. 28. 10:38

World Economic Forum Publishes Blockchain Governance Taxonomy The World Economic Forum has published a paper arguing that blockchain stakeholders should organize in a way that would dwarf the largest consortia.

Source

A 2017 Collection of the Past Six Month’s Dank Crypto-Memes

Bitcoin News

2017. Jun. 28. 04:00

A 2017 Collection of the Past Six Month’s Dank Crypto-Memes

Bitcoin’s first six months of 2017 has been very exciting as the decentralized currency has seen all-time highs in both price and popularity. Alongside the year’s record-breaking achievements, the cryptocurrency community has also seen the production of a vast array of dank memes giving us some humor during the thrilling Bitcoin rollercoaster ride. Also Read: 70 Percent

The post A 2017 Collection of the Past Six Month’s Dank Crypto-Memes appeared first on Bitcoin News.

Surveys Suggest Bitcoin Still Has Enormous Growth Potential

Bitcoin News

2017. Jun. 28. 01:00

Surveys Suggest Bitcoin Still Has Enormous Growth Potential

A recent survey conducted by HSBC polling 13 developed nations indicates that the majority of citizens still have not heard of blockchain technology, with only 41% of respondents indicating familiarity with the technology underpinning bitcoin. Also Read: Malaysian Bitcoin Users Divest Carefully Into LTC and ETH HSBC’s Report Adds to a Growing List of Surveys

The post Surveys Suggest Bitcoin Still Has Enormous Growth Potential appeared first on Bitcoin News.

ICO Hype Attracts Investors but Also Skeptics and Financial Regulators Worldwide

Bitcoin News

2017. Jun. 27. 22:00

ICO Hype Attracts Investors but Also Skeptics and Financial Regulators Worldwide

The Initial Coin Offering (ICO) craze has been a crowdfunding spectacle over the past two years gathering millions of dollars from investors. Lately, ICOs have been more prominent than ever and are starting to draw attention from government regulators and skeptics of these token projects filled with promises. Also read: A Def Con 25 Demonstration Claims

The post ICO Hype Attracts Investors but Also Skeptics and Financial Regulators Worldwide appeared first on Bitcoin News.

ICO Hype Attracts Investors but Also Skeptics and Regulators Worldwide

Bitcoin News

2017. Jun. 27. 22:00

ICO Hype Attracts Investors but Also Skeptics and Regulators Worldwide

The Initial Coin Offering (ICO) craze has been a crowdfunding spectacle over the past two years gathering millions of dollars from investors. Lately, ICOs have been more prominent than ever and are starting to draw attention from government regulators and skeptics of these token projects filled with promises. Also read: A Def Con 25 Demonstration Claims

The post ICO Hype Attracts Investors but Also Skeptics and Regulators Worldwide appeared first on Bitcoin News.

Bitcoin Exchange Operator Sentenced to Five-and-a-Half Years in Prison

CoinDesk

2017. Jun. 27. 21:25

Bitcoin Exchange Operator Sentenced to Five-and-a-Half Years in Prison The former operator of the now-defunct bitcoin exchange Coin.mx has been sentenced to five-and-a-half years in prison.

Source

A Look at the Upcoming US Uniform Regulation of Virtual Currencies Business Act

Bitcoin News

2017. Jun. 27. 21:00

A Look at the Upcoming US Uniform Regulation of Virtual Currencies Business Act

According to reports, some proposed U.S. legislative framework for virtual currencies will be presented in San Diego sometime between July 14-20. The “Uniform Regulation of Virtual Currencies Business Act” was drafted by the Uniform Law Commission (ULC), a nonprofit that tries to establish a statutory law across many jurisdictions and states. Also Read: Scheduled Scaling Updates

The post A Look at the Upcoming US Uniform Regulation of Virtual Currencies Business Act appeared first on Bitcoin News.

Asus Announces New Graphics Cards Focused on Cryptocurrency Mining

CoinDesk

2017. Jun. 27. 19:30

Asus Announces New Graphics Cards Focused on Cryptocurrency Mining One of the world's largest technology hardware makers has released new graphics cards (GPUs) aimed at the cryptocurrency mining market.

Source

Major Indian Bitcoin Exchange Unocoin Offline After Discovering Major Security Flaw

Bitcoin News

2017. Jun. 27. 19:05

Major Indian Bitcoin Exchange Unocoin Offline After Discovering Major Security Flaw

Unocoin, an industry leader among India’s bitcoin exchanges, went offline on Monday night following the discovery of a serious security vulnerability. Also Read: Indian Bitcoin Adoption Responds to Government Signalling for Regulation The Vulnerabilities Have Surfaced Just Weeks After a Unocoin Customer’s Account Was Hacked Major Indian bitcoin exchange, Unocoin, went offline late Monday night

The post Major Indian Bitcoin Exchange Unocoin Offline After Discovering Major Security Flaw appeared first on Bitcoin News.

Major Indian Bitcoin Exchange Unocoin Offline After Security Flaw

Bitcoin News

2017. Jun. 27. 19:05

Major Indian Bitcoin Exchange Unocoin Offline After Security Flaw

Unocoin, an industry leader among India’s bitcoin exchanges, went offline on Monday night following the discovery of a serious security vulnerability. Also Read: Indian Bitcoin Adoption Responds to Government Signalling for Regulation The Vulnerabilities Have Surfaced Just Weeks After a Unocoin Customer’s Account Was Hacked Major Indian bitcoin exchange, Unocoin, went offline late Monday night

The post Major Indian Bitcoin Exchange Unocoin Offline After Security Flaw appeared first on Bitcoin News.

Indian States Look to Launch Blockchain Land Registry Efforts

CoinDesk

2017. Jun. 27. 18:20

Indian States Look to Launch Blockchain Land Registry Efforts New details have emerged about some of the blockchain applications being pursed by state governments in India.

Source

Pakistani Economic Think-Tank Argues That Pakistani Monetary Policy Should Mimic Bitcoin

Bitcoin News

2017. Jun. 27. 17:30

Pakistani Economic Think-Tank Argues That Pakistani Monetary Policy Should Mimic Bitcoin

The Policy Research Institute of Market Economy in Pakistan has outlined a number of economic issues that could be alleviated by greater adoptions of bitcoin and other virtual currencies within Pakistan. The institute cites a large underbanked population, underdeveloped financial apparatus, and rampant inflation as major economic and social problems that could be addressed by

The post Pakistani Economic Think-Tank Argues That Pakistani Monetary Policy Should Mimic Bitcoin appeared first on Bitcoin News.

China's Central Bank Vows to Push for Blockchain in Five-Year Plan

CoinDesk

2017. Jun. 27. 16:45

China's Central Bank Vows to Push for Blockchain in Five-Year Plan The People's Bank of China has indicated it intends to support the continued development of blockchain tech as part of a new strategic plan.

Source

The Contradictions of the Alt-Right Embracing Bitcoin for Crowdfunding

Bitcoin News

2017. Jun. 27. 16:00

The Contradictions of the Alt-Right Embracing Bitcoin for Crowdfunding

Alt-Right leaders are increasingly turning to bitcoin to conduct fundraising following account closures from leading crowdfunding platforms. Despite the libertarian underscoring of many cryptocurrency projects, the use of bitcoin poses several fundamental challenges to altright ideology. Also Read: Russian GPU Prices Spike, Miners Turn to International Markets for Graphics Cards Crowdfunding Has Increasingly Become a

The post The Contradictions of the Alt-Right Embracing Bitcoin for Crowdfunding appeared first on Bitcoin News.

The Risks of Segregated Witness: Possible Problems Under US Contract Law

CoinDesk

2017. Jun. 27. 15:00

The Risks of Segregated Witness: Possible Problems Under US Contract Law Jimmy Nguyen of nChain provides an opinion on possible legal issues with the SegWit scaling proposal should it activate on bitcoin's network.

Source

Hyperledger Fabric Blockchain Publishes Software Release Candidate

CoinDesk

2017. Jun. 27. 14:05

Hyperledger Fabric Blockchain Publishes Software Release Candidate The developers behind the open-source Hyperledger Fabric blockchain project have issued the software's first official release candidate.

Source

EU to Consider Adopting New Italian Anti-Money Laundering Laws That Directly Address Bitcoin Exchanges

Bitcoin News

2017. Jun. 27. 14:00

EU to Consider Adopting New Italian Anti-Money Laundering Laws That Directly Address Bitcoin Exchanges

EU lawmakers will consider amending current anti-money laundering laws that were introduced last month in Italy. The modified law introduces specific definitions and articles with regards to virtual currency exchanges that facilitate trading between fiat currencies and bitcoin and other virtual currencies. Also Read: European Commission launches Digital Currency and Dark Web Consortium The Proposed

The post EU to Consider Adopting New Italian Anti-Money Laundering Laws That Directly Address Bitcoin Exchanges appeared first on Bitcoin News.

EU to Consider Adopting Anti-Money Laundering Laws That Address Bitcoin Exchanges

Bitcoin News

2017. Jun. 27. 14:00

EU to Consider Adopting Anti-Money Laundering Laws That Address Bitcoin Exchanges

EU lawmakers will consider amending current anti-money laundering laws that were introduced last month in Italy. The modified law introduces specific definitions and articles with regards to virtual currency exchanges that facilitate trading between fiat currencies and bitcoin and other virtual currencies. Also Read: European Commission launches Digital Currency and Dark Web Consortium The Proposed

The post EU to Consider Adopting Anti-Money Laundering Laws That Address Bitcoin Exchanges appeared first on Bitcoin News.

ASIC on Blockchain: Australia's Securities Watchdog Unlikely to Regulate ICOs

CoinDesk

2017. Jun. 27. 13:00

ASIC on Blockchain: Australia's Securities Watchdog Unlikely to Regulate ICOs In a new interview with CoinDesk, ASIC chairman Greg Medcraft opens up about how the regulator is observing blockchain innovation – including ICOs.

Source

Australia's Securities Watchdog 'Unlikely' to Regulate ICOs

CoinDesk

2017. Jun. 27. 13:00

Australia's Securities Watchdog 'Unlikely' to Regulate ICOs In a new interview with CoinDesk, ASIC chairman Greg Medcraft opens up about how the regulator is observing blockchain innovation.

Source

ASIC on Blockchain: Australia's Securities Watchdog 'Unlikely' to Regulate ICOs

CoinDesk

2017. Jun. 27. 13:00

ASIC on Blockchain: Australia's Securities Watchdog 'Unlikely' to Regulate ICOs In a new interview with CoinDesk, ASIC chairman Greg Medcraft opens up about how the regulator is observing blockchain innovation.

Source

Financial Stability Board: Blockchain Could Raise Cross-Border Data Issues

CoinDesk

2017. Jun. 27. 12:30

Financial Stability Board: Blockchain Could Raise Cross-Border Data Issues The Financial Stability Board has published a new report on fintech including blockchain, raising questions about data privacy and smart contracts.

Source

Bitspark Embarks on Blockchain Remittance Trial with UN in Tajikistan

CoinDesk

2017. Jun. 27. 12:00

Bitspark Embarks on Blockchain Remittance Trial with UN in Tajikistan Bitspark has revealed is working with the United Nations Development Programme on a trial aimed to build financial inclusion in Tajikistan.

Source

BTCC Launches DAX Cryptocurrency-Only Exchange Worldwide

Bitcoin News

2017. Jun. 27. 12:00

BTCC Launches DAX Cryptocurrency-Only Exchange Worldwide

Chinese bitcoin exchange BTCC is launching its own pure cryptocurrency-to-cryptocurrency exchange. The new platform begins trading on Tuesday with one trading pair, ETC/BTC. Also read: BTCC Launches Multi-Currency Twitter-Enabled App and Debit Card DAX Launched Worldwide The longest-running bitcoin exchange in the world, BTCC, announced on Monday the launch of a pure cryptocurrency-to-cryptocurrency exchange called BTCC

The post BTCC Launches DAX Cryptocurrency-Only Exchange Worldwide appeared first on Bitcoin News.

Blockchain Payments Startup Veem Integrates With Intuit QuickBooks

CoinDesk

2017. Jun. 27. 11:01

Blockchain Payments Startup Veem Integrates With Intuit QuickBooks Blockchain payments startup Veem has inked a new partnership with accounting software provider Intuit.

Source

A Def Con 25 Demonstration Claims to ‘Break Bitcoin Hardware Wallets’

Bitcoin News

2017. Jun. 27. 09:29

A Def Con 25 Demonstration Claims to ‘Break Bitcoin Hardware Wallets’

The well-known hacker conference Def Con 25 is happening once again at Caesars Palace in Las Vegas on July 27-30. The event schedule has a vast array of hacking exhibits and keynote presentations, but one notable group of Def Con demonstrators on the list claims they will show the audience how to break a bitcoin

The post A Def Con 25 Demonstration Claims to ‘Break Bitcoin Hardware Wallets’ appeared first on Bitcoin News.

European Banks Select IBM Blockchain for Small Business Trade Finance

CoinDesk

2017. Jun. 27. 00:08

European Banks Select IBM Blockchain for Small Business Trade Finance IBM has been chosen by Digital Trade Chain, a consortium of major European banks, to build a new blockchain platform for SMEs.

Source

Crypto Correction: Bitcoin and Ether Dive as Market Sheds $13 Billion

CoinDesk

2017. Jun. 26. 22:48

Crypto Correction: Bitcoin and Ether Dive as Market Sheds $13 Billion Cryptocurrencies suffered widespread losses today, as traders took profits and rebalanced their portfolios.

Source

Blockchain Research Lab to Combat Financial Fraud in Shenzhen

CoinDesk

2017. Jun. 26. 22:25

Blockchain Research Lab to Combat Financial Fraud in Shenzhen A group of universities in China are teaming up to research blockchain technology and its potential impact on financial fraud.

Source

PR: Polybius ICO Climbs & Climbs

Bitcoin News

2017. Jun. 26. 19:30

PR: Polybius ICO Climbs & Climbs

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Hashcoins, the team behind popular cloud mining platform ‘Hashflare’, have successfully

The post PR: Polybius ICO Climbs & Climbs appeared first on Bitcoin News.

GDAX Exchange to Reimburse Traders After Ether Flash Crash

CoinDesk

2017. Jun. 26. 19:25

GDAX Exchange to Reimburse Traders After Ether Flash Crash Digital asset exchange GDAX is moving to issue refunds after a stunning flash crash last week stoked anger amongst affected traders.

Source

Barclays Want UK Government to Regulate Bitcoin

Bitcoin News

2017. Jun. 26. 19:00

Barclays Want UK Government to Regulate Bitcoin

In a recent interview with CNBC, Barclays CEO, Ashok Vaswani revealed that the bank has been in communications with Britain’s Financial Conduct Authority (FCA) to discuss ways in which to safely regulate bitcoin. Also Read: UK Regulator Warns Investors Bitcoin Trading is Risk “I’ve Actually Gone… to the FCA, to Talk About How We Could

The post Barclays Want UK Government to Regulate Bitcoin appeared first on Bitcoin News.

Proof-of-Life: Vitalik Buterin Uses Ethereum to Disprove Death Hoax

CoinDesk

2017. Jun. 26. 18:25

Proof-of-Life: Vitalik Buterin Uses Ethereum to Disprove Death Hoax Ethereum creator Vitalik Buterin was at the center of a debunked story suggesting that he had died this weekend.

Source

Barclays Pitches UK Finance Regulator on Cryptocurrencies

CoinDesk

2017. Jun. 26. 17:25

Barclays Pitches UK Finance Regulator on Cryptocurrencies Barclays has been in contact with one of UK's top finance regulators, a senior official for the bank said today. According to Ashok Vaswani, CEO of Barclays UK, the bank communicated with the Financial Conduct Authority (FCA) to bring cryptocurrencies  "into play". Vaswani disclosed the conversations on Monday in an interview with CNBC. Vaswani did not […]

Source

How The EU’s Data Grab Could Affect You

Bitcoin News

2017. Jun. 26. 17:00

How The EU’s Data Grab Could Affect You

The EU is poised to grab personal data in a way that could impact people around the globe. Information is power; it is power over your life and almost always includes a raid upon your wealth. The control of information is particularly important to cryptocurrencies because, unlike cash, they leave a transaction trail that makes

The post How The EU’s Data Grab Could Affect You appeared first on Bitcoin News.

Bitcoin Adoption Grows in World’s Leading Electronics District

Bitcoin News

2017. Jun. 26. 15:30

Bitcoin Adoption Grows in World’s Leading Electronics District

Bitcoin adoption is growing in Akihabara, an area in Japan known as “the world’s largest electrical equipment marketplace.” Als read: The Japanese are Using Bitcoin More than Expected World’s Largest Electronics Marketplace According to Japan National Tourism Organization (JNTO), Akihabara is “the world’s largest electrical equipment marketplace.” Locally known as Akiba, the area is also a

The post Bitcoin Adoption Grows in World’s Leading Electronics District appeared first on Bitcoin News.

The US Navy Wants to Connect Its 3-D Printers with a Blockchain

CoinDesk

2017. Jun. 26. 15:15

The US Navy Wants to Connect Its 3-D Printers with a Blockchain The US Navy will run a blockchain trial this summer – a test largely aimed to boost the security of its manufacturing systems.

Source

Bank of China, Tencent to Trial Blockchain in New Research Effort

CoinDesk

2017. Jun. 26. 14:30

Bank of China, Tencent to Trial Blockchain in New Research Effort The Bank of China is partnering with Tencent, one of the country's biggest internet companies, to trial blockchain tech in financial applications.

Source

PR: Dentacoin Presale List – More Than 2K Individuals Declared Their Interest

Bitcoin News

2017. Jun. 26. 14:00

PR: Dentacoin Presale List – More Than 2K Individuals Declared Their Interest

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. With the upcoming Exclusive Hard-Capped Token Presale on July 1st, it

The post PR: Dentacoin Presale List – More Than 2K Individuals Declared Their Interest appeared first on Bitcoin News.

Gemalto Seeks to Patent Method for Secure Blockchain Identity

CoinDesk

2017. Jun. 26. 13:45

Gemalto Seeks to Patent Method for Secure Blockchain Identity Security giant Gemalto has filed for a new patent in the US that seeks to protect a method for verifying identity using blockchain technology.

Source

Poland’s Largest Food Delivery with 5000+ Restaurants Starts Accepting Bitcoin

Bitcoin News

2017. Jun. 26. 13:30

Poland’s Largest Food Delivery with 5000+ Restaurants Starts Accepting Bitcoin

Poland’s largest website for ordering food online, Pyszne.pl, now accepts bitcoin for all orders. The site boasts the largest selection of restaurants in the country with approximately 5,062 locations and 883,000 active customers. Also read: Polish Bitcoin Adoption Escalating with Strong Ecosystem Largest Food Ordering Site in Poland Pyszne.pl is Poland’s largest service for ordering food

The post Poland’s Largest Food Delivery with 5000+ Restaurants Starts Accepting Bitcoin appeared first on Bitcoin News.

Counting Chickens: Can Blockchain Restore Trust in China's Food Supply?

CoinDesk

2017. Jun. 26. 13:03

Counting Chickens: Can Blockchain Restore Trust in China's Food Supply? A new Chinese food-tracking initiative hints at the power of blockchain to improve society's deeper issues.

Source

PR: Aigang To Build DAO Insurance For IoT Devices Using Smart Contracts

Bitcoin News

2017. Jun. 26. 12:20

PR: Aigang To Build DAO Insurance For IoT Devices Using Smart Contracts

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Aigang Network is building the decentralized insurance blockchain protocol for IoT

The post PR: Aigang To Build DAO Insurance For IoT Devices Using Smart Contracts appeared first on Bitcoin News.

Onecoin Operators Get In Trouble Again In Three More Countries

Bitcoin News

2017. Jun. 26. 12:04

Onecoin Operators Get In Trouble Again In Three More Countries

The accused Ponzi scheme Onecoin is starting to get into more trouble these days as the fraudulent operations are becoming more apparent than ever. Just recently Vietnamese officials have reported Onecoin has forged an official license to operate in Vietnam during a One Life investor’s event held last week in the region. Also read: Buyer Beware!

The post Onecoin Operators Get In Trouble Again In Three More Countries appeared first on Bitcoin News.

Getting Smarter About Smart Contracts

CoinDesk

2017. Jun. 26. 12:00

Getting Smarter About Smart Contracts A lawyer breaks down the existing legislation that determines whether smart contracts are smart, legally binding or a even contract at all.

Source

Are Smart Contracts Smart? A Critical Look at Basic Blockchain Questions

CoinDesk

2017. Jun. 26. 12:00

Are Smart Contracts Smart? A Critical Look at Basic Blockchain Questions A lawyer breaks down the existing legislation that determines whether smart contracts are smart, legally binding or a even contract at all.

Source

'Flippening' Flop? As Ethereum's Price Pulls Back, Market Remains Bullish

CoinDesk

2017. Jun. 26. 11:00

'Flippening' Flop? As Ethereum's Price Pulls Back, Market Remains Bullish After weeks of growth, it seems ether's much-hyped 'Flippening' – overtaking bitcoin as the most valuable cryptocurrency – is on hold.

Source

Six Legal Issues Bitcoin Faces in South Korea

Bitcoin News

2017. Jun. 25. 18:00

Six Legal Issues Bitcoin Faces in South Korea

South Korea currently has no regulations regarding bitcoin, even as the digital currency has gained immense popularity following its recent price spikes. Lawyer Kim Kyung Hwan outlines the six most important legal issues surrounding bitcoin in the country. Also read: Why South Korean Bitcoin Adoption Could Outpace Most Other Countries This Year Regulations Expected in the

The post Six Legal Issues Bitcoin Faces in South Korea appeared first on Bitcoin News.

ICOs: Why There's More Than One Way

CoinDesk

2017. Jun. 25. 15:00

ICOs: Why There's More Than One Way EY's Pascal Leblanc discusses an alternative approach to ICOs, putting forth a new model aimed to mitigate the price volatility of tokens.

Source

EOS: Unpacking the Big Promises Behind a Possible Blockchain Contender

CoinDesk

2017. Jun. 25. 14:22

EOS: Unpacking the Big Promises Behind a Possible Blockchain Contender Dan Larimer says his new project has an infinitely scalable blockchain, but skeptics doubt the controversial figure's ability to pull it off.

Source

Markets Update: After Some Stability Bitcoin Price Trends Downwards

Bitcoin News

2017. Jun. 25. 12:00

Markets Update: After Some Stability Bitcoin Price Trends Downwards

On June 24 the price of bitcoin dipped down 7 percent to a low of $2512 USD after remaining relatively stable at $2680-2700 for the past few days. Also Read: Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer Bitcoin’s Price Drops 10 Percent Against the Dollar As bitcoin maintained the $2700 average, a few

The post Markets Update: After Some Stability Bitcoin Price Trends Downwards appeared first on Bitcoin News.

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer

Bitcoin News

2017. Jun. 25. 01:00

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer

Over the past six months, the bitcoin scaling debate has been going on relentlessly as many cryptocurrency proponents are trying to figure the best solution to improve the network’s fees and transaction throughput. There have been many ideas brought to the table, but this summer there are some specific plans that all bitcoin holders should

The post Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer appeared first on Bitcoin News.

GDAX Announces It Will Absorb Investor Losses From Recent ETH Flash Crash

Bitcoin News

2017. Jun. 24. 23:43

GDAX Announces It Will Absorb Investor Losses From Recent ETH Flash Crash

Global Digital Asset Exchange (GDAX) Vice President, Adam White, issued a follow-up statement regarding the multi-million dollar market sell order induced flash crash that momentarily drove prices as low as $0.10 USD after the order triggered an avalanche of stop order executions and margin position liquidations. The press release states that customers who experienced stop

The post GDAX Announces It Will Absorb Investor Losses From Recent ETH Flash Crash appeared first on Bitcoin News.

Cryptobuyer Installs First Bitcoin ATMs in Latin American Commercial Bank

Bitcoin News

2017. Jun. 24. 18:00

Cryptobuyer Installs First Bitcoin ATMs in Latin American Commercial Bank

Major Latin American cryptocurrency and digital assets company, Cryptobuyer, has installed two bitcoin ATMs on the premises of a commercial bank in Panama City. Also Read: Bitinka Announces Expansion of Bitcoin-Based Payment-App Services Across Latin America Cryptobuyer Has Ambitious Plans for Expanding the Presence of Its Bitcoin ATMs Across the Latin American Continent Cryptobuyer has

The post Cryptobuyer Installs First Bitcoin ATMs in Latin American Commercial Bank appeared first on Bitcoin News.

Analyzing Ether: A Long-Time Bitcoin Investor's Skeptical Take

CoinDesk

2017. Jun. 24. 12:00

Analyzing Ether: A Long-Time Bitcoin Investor's Skeptical Take Miner and investor 'P4man' looks at the altcoin market to see if there is a credible alternative to bitcoin. Can ethereum cut the mustard?

Source

Analyzing Ether: A Bitcoin Investor's Skeptical Take

CoinDesk

2017. Jun. 24. 12:00

Analyzing Ether: A Bitcoin Investor's Skeptical Take Miner and investor 'P4man' looks at the altcoin market to see if there is a credible alternative to bitcoin. Can ethereum cut the mustard?

Source

Russian GPU Prices Spike, Miners Turn to International Markets for Graphics Cards

Bitcoin News

2017. Jun. 24. 12:00

Russian GPU Prices Spike, Miners Turn to International Markets for Graphics Cards

An increasing number of Russian nationals living abroad are generating an income through reselling graphics cards to Russian cryptocurrency miners, following a dramatic GPU price hike in response to surging Russian demand for mining hardware. Also Read: GPU Shortage Intensifies as Cryptocurrency Mining Offers up to Twice the Average Russian Monthly Wage For Many Living

The post Russian GPU Prices Spike, Miners Turn to International Markets for Graphics Cards appeared first on Bitcoin News.

Changing Exchanges: Will the Coinbase of Tomorrow Be Decentralized?

CoinDesk

2017. Jun. 24. 11:03

Changing Exchanges: Will the Coinbase of Tomorrow Be Decentralized? A new wave of decentralized cryptocurrency exchanges that exist almost entirely on a blockchain could do away with middlemen.

Source

Bitpay to Launch Bitcoin Wallet App for Windows Phone Market

Bitcoin News

2017. Jun. 24. 09:05

Bitpay to Launch Bitcoin Wallet App for Windows Phone Market

Bitcoin payment processor Bitpay Inc. has announced that it will be making its bitcoin wallet app available to Windows Phone users, despite Windows representing less than 1% of smartphone market. Also Read: Bitpay’s Bitcoin Prepaid Card Now Available to 131 Countries Bitpay Has Catered to the Windows Phone Market Since 2015 in the Form of

The post Bitpay to Launch Bitcoin Wallet App for Windows Phone Market appeared first on Bitcoin News.

Canadian Luxury Home Listed for Sale on Beijing Craigslist for 1,075 Bitcoins

Bitcoin News

2017. Jun. 24. 01:00

Canadian Luxury Home Listed for Sale on Beijing Craigslist for 1,075 Bitcoins

An eight-bedroom luxury home in Canada has been listed for sale on the Beijing Craigslist website with an asking price of 1,075 bitcoins. Also Read: State-Funded Bitcoin Data Center Infuriates Montana Locals With an Asking Price of Nearly $3 Million USD and Such a Narrow Marketing Strategy, the Listing Immediately Aroused Curiosity Approximately one month

The post Canadian Luxury Home Listed for Sale on Beijing Craigslist for 1,075 Bitcoins appeared first on Bitcoin News.

Local Government in China Trials Blockchain for Public Services

CoinDesk

2017. Jun. 23. 23:15

Local Government in China Trials Blockchain for Public Services A city district in southern China is using blockchain to streamline government services for its one million residents.

Source

Private Schools for Kids Are Now Accepting Bitcoin for Tuition

Bitcoin News

2017. Jun. 23. 22:00

Private Schools for Kids Are Now Accepting Bitcoin for Tuition

Over the last few years, there have been many colleges and well-known universities all across the world that have started accepting bitcoin. Alongside paying for a higher education with bitcoins, now people can utilize the decentralized currency at private daycares and schools that offer the Montessori educational approach for children. Also read: Most Popular Contactless Smart Cards

The post Private Schools for Kids Are Now Accepting Bitcoin for Tuition appeared first on Bitcoin News.

OneCoin 'License' is a Fake, Says Vietnamese Government

CoinDesk

2017. Jun. 23. 21:25

OneCoin 'License' is a Fake, Says Vietnamese Government OneCoin doesn't have a license to operate in Vietnam despite claims to the contrary, the government said this week.

Source

18-Year Old Erik Finman Details How Bitcoin Made Him a Millionaire

Bitcoin News

2017. Jun. 23. 20:00

18-Year Old Erik Finman Details How Bitcoin Made Him a Millionaire

This week the 18-year old entrepreneur, Erik Finman, recently did an Ask Me Anything (AMA) on a technology subreddit where he details his experiences investing in bitcoin, which led to him becoming a millionaire by age 18. Also Read: Australian Financial Authorities Look Into Ethereum’s Conflicts of Interest Eighteen-Year-Old Entrepreneur Makes His First Million Investing

The post 18-Year Old Erik Finman Details How Bitcoin Made Him a Millionaire appeared first on Bitcoin News.

Top Secret? Bitcoin Scaling Plan Segwit2x Leaves More Questions Than Answers

CoinDesk

2017. Jun. 23. 19:20

Top Secret? Bitcoin Scaling Plan Segwit2x Leaves More Questions Than Answers While SegWit2x has significant support, according to some in the bitcoin community, the group is closing off software development to opposition.

Source

Indian Bitcoin Adoption Responds to Government Signalling for Regulation

Bitcoin News

2017. Jun. 23. 18:00

Indian Bitcoin Adoption Responds to Government Signalling for Regulation

The Indian government recently announced that it is in favor of regulating bitcoin. A task force is being set up to provide recommendations. Bitcoin.com spoke with the CEO and co-founder of bitcoin exchange Unocoin, Sathvik Vishwanath, to find out the effect this decision has on Bitcoin adoption in India. Also read: Indian Government to Recommend Bitcoin

The post Indian Bitcoin Adoption Responds to Government Signalling for Regulation appeared first on Bitcoin News.

UN Sees Possible Role for Blockchain in Advancing Paris Climate Accord

CoinDesk

2017. Jun. 23. 17:20

UN Sees Possible Role for Blockchain in Advancing Paris Climate Accord The United Nations is eyeing blockchain as part of its fight against climate change.

Source

Netcents and VISA Team up to Offer Bitcoin Purchases via Credit Card

Bitcoin News

2017. Jun. 23. 17:00

Netcents and VISA Team up to Offer Bitcoin Purchases via Credit Card

Netcents and VISA have announced a partnership to facilitate the direct purchase of bitcoins using a credit card. Also Read: Cryptocurrency Hedge Funds Outperform Rivals Netcents Have Announced That They Will Be Partnering With VISA to Allow Customers to Purchase Bitcoin Using a Credit Card Netcents are a wallet service provider and payment processor that

The post Netcents and VISA Team up to Offer Bitcoin Purchases via Credit Card appeared first on Bitcoin News.

The FBI Received Over 2,600 Ransomware Complaints in 2016

CoinDesk

2017. Jun. 23. 16:15

The FBI Received Over 2,600 Ransomware Complaints in 2016 The law enforcement agency received more than 2,600 complaints about ransomware last year, according to a new report.

Source

FBI Requests New Funding To Investigate Use Of Virtual Currencies

Bitcoin News

2017. Jun. 23. 15:00

FBI Requests New Funding To Investigate Use Of Virtual Currencies

On June 21 the acting director of the FBI, Andrew McCabe, gave a speech to U.S. bureaucrats requesting a new budget for the fiscal year of 2018. The request proposal totals of $8.77 billion, and some of that funding will be appropriated towards investigating the use of virtual currencies by criminals who “obscure their transactions.” Also

The post FBI Requests New Funding To Investigate Use Of Virtual Currencies appeared first on Bitcoin News.

Coin Center: US Senate's Digital Currency Bill Is 'Counterproductive'

CoinDesk

2017. Jun. 23. 15:00

Coin Center: US Senate's Digital Currency Bill Is 'Counterproductive' US advocacy group Coin Center believes a bill before the Senate could disrupt existing rules for digital currency businesses.

Source

Accounting Coalition Moves to Work with Regulators on Blockchain Innovation

CoinDesk

2017. Jun. 23. 14:00

Accounting Coalition Moves to Work with Regulators on Blockchain Innovation To prevent regulation falling behind innovation, the Accounting Blockchain Coalition launched five working groups at an event this week.

Source

Ukrainian Government to Start Blockchain Land Registry Trial in October

CoinDesk

2017. Jun. 23. 13:00

Ukrainian Government to Start Blockchain Land Registry Trial in October The Ukraine government has revealed plans to trial a land registry system underpinned by blockchain technology.

Source

PR: Compcoin Announces $45M Initial Coin Offering For Its A.I. Trading Platform

Bitcoin News

2017. Jun. 23. 12:30

PR: Compcoin Announces $45M Initial Coin Offering For Its A.I. Trading Platform

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. ORLANDO, Fla., June 13, 2017 — Compcoin, the digital coin catering

The post PR: Compcoin Announces $45M Initial Coin Offering For Its A.I. Trading Platform appeared first on Bitcoin News.

Cryptocurrency Hedge Funds Outperform Rivals

Bitcoin News

2017. Jun. 23. 12:00

Cryptocurrency Hedge Funds Outperform Rivals

The cryptocurrency hedge fund industry has significantly expanded in recent years. The meteoric rise in the price of bitcoin has solidified the success of many of these hedge funds, with reports suggesting that cryptocurrency hedge funds are outperforming their mainstream counterparts. Also Read: Cryptocurrency Hedge Fund Polychain Raises $10 Million Cryptocurrency Hedge Funds Have Outperformed

The post Cryptocurrency Hedge Funds Outperform Rivals appeared first on Bitcoin News.

Cryptocurrency: How We Hook the Masses

CoinDesk

2017. Jun. 23. 12:00

Cryptocurrency: How We Hook the Masses Could cryptocurrency rewards demonstrate the value of the technology and ultimately help bring mass adoption? Jaywalk CEO Rich Svinkin believes so.

Source

Too Many Cryptocurrencies? Huobi Launches Quantitative Model for Investors

CoinDesk

2017. Jun. 23. 11:00

Too Many Cryptocurrencies? Huobi Launches Quantitative Model for Investors A major China-based exchange has launched a new quantitative analysis tool designed to help traders make long-term cryptocurrency investments.

Source

South Korean Mobile Commerce Leader Omnitel Adds Bitcoin Services

Bitcoin News

2017. Jun. 23. 09:10

South Korean Mobile Commerce Leader Omnitel Adds Bitcoin Services

South Korean mobile commerce leader Omnitel announced that its subsidiary Omni Networks is starting a bitcoin remittance business. In addition, the company plans to accept the digital currency for its video streaming service. Also read: South Korea to Dispose of 216 Bitcoins in First Public Auction Revised Bill Paves the Way for Omnitel The revised bill

The post South Korean Mobile Commerce Leader Omnitel Adds Bitcoin Services appeared first on Bitcoin News.

Mycelium Employee Quits After ICO Funds Was Used for Spanish Vacation

Bitcoin News

2017. Jun. 23. 04:00

Mycelium Employee Quits After ICO Funds Was Used for Spanish Vacation

In a recent interview former backend developer for Mycelium, Daniel Drawisz, has detailed his reasons for leaving the company. Daniel cites deceptive sale terms and conditions and misuse of ICO funds as his primary motivation for leaving the company, including shockingly the financing of a vacation to Spain for the development team. Also Read: Australian

The post Mycelium Employee Quits After ICO Funds Was Used for Spanish Vacation appeared first on Bitcoin News.

Mycelium Employee Quits After ICO Funds Was Used for Vacation

Bitcoin News

2017. Jun. 23. 04:00

Mycelium Employee Quits After ICO Funds Was Used for Vacation

In a recent interview former backend developer for Mycelium, Daniel Krawisz, has detailed his reasons for leaving the company. Daniel cites deceptive sale terms and conditions and misuse of ICO funds as his primary motivation for leaving the company, including shockingly the financing of a vacation to Spain for the development team. Also Read: Australian

The post Mycelium Employee Quits After ICO Funds Was Used for Vacation appeared first on Bitcoin News.

Mycelium Employee Quits After ICO Funds Was “Used for Vacation”

Bitcoin News

2017. Jun. 23. 04:00

Mycelium Employee Quits After ICO Funds Was “Used for Vacation”

In a recent interview former backend developer for Mycelium, Daniel Krawisz, has detailed his reasons for leaving the company. Daniel cites deceptive sale terms and conditions and misuse of ICO funds as his primary motivation for leaving the company, including the financing of a vacation to Spain for the development team. Also Read: Australian Financial

The post Mycelium Employee Quits After ICO Funds Was “Used for Vacation” appeared first on Bitcoin News.

Analyst: Like Amazon, Bitcoin Offers a Lucrative Multi-Decade Investment Opportunity

Bitcoin News

2017. Jun. 23. 01:00

Analyst: Like Amazon, Bitcoin Offers a Lucrative Multi-Decade Investment Opportunity

A financial analyst looked closely at the spikes in Amazon’s stock price and bitcoin recently. While detailing similarities between the two investments, he explains why bitcoin may be one of the most lucrative trading opportunities for decades. Also read: Most Popular Contactless Smart Cards in Japan Adding Bitcoin Hardware Wallets Bitcoin is Most Lucrative Education consultant and

The post Analyst: Like Amazon, Bitcoin Offers a Lucrative Multi-Decade Investment Opportunity appeared first on Bitcoin News.

PR: iDice June Development Update

Bitcoin News

2017. Jun. 22. 23:50

PR: iDice June Development Update

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. It has been two and a half months ago since the

The post PR: iDice June Development Update appeared first on Bitcoin News.

GDAX Exchange Sees Colossal ETH Flash Crash, Angered Traders Mount Lawsuit

Bitcoin News

2017. Jun. 22. 23:26

GDAX Exchange Sees Colossal ETH Flash Crash, Angered Traders Mount Lawsuit

Details have surfaced of a violent flash crash on Global Digital Asset Exchange’s (GDAX) ETH markets today, with Ethereum tokens being sold for prices as low as $0.10. Amidst a dramatic uproar from angered traders, some are attempting to mount a class action lawsuit against the company. Also Read: Australian Financial Authorities Look Into Ethereum’s

The post GDAX Exchange Sees Colossal ETH Flash Crash, Angered Traders Mount Lawsuit appeared first on Bitcoin News.

BitInka Announces Expansion of Bitcoin-Based Payment-App Services Across Latin America

Bitcoin News

2017. Jun. 22. 22:00

BitInka Announces Expansion of Bitcoin-Based Payment-App Services Across Latin America

Bitinka, a platform that allows users from 9 South American nations to purchase and sell bitcoins, has announced significant uptake of Inkapay, Bitinka’s bitcoin-based payment app for the Latin American markets. Also Read: Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued Bitinka Has Announced That Its Popular Bitcoin-Based Payment App, Inkapay, Will See

The post BitInka Announces Expansion of Bitcoin-Based Payment-App Services Across Latin America appeared first on Bitcoin News.

Yet Another Mainstream Journalist Makes Bizarre Attempt at Living for a Week Using Bitcoin

Bitcoin News

2017. Jun. 22. 19:00

Yet Another Mainstream Journalist Makes Bizarre Attempt at Living for a Week Using Bitcoin

CNBC journalist Seema Moody recently published a report detailing the trials and tribulations of her attempt to live for a week solely using bitcoin as currency. This report, and others like it, fail to represent the actual ease with which one can exclusively use bitcoin as a money commodity, and spreads myths about the impracticality

The post Yet Another Mainstream Journalist Makes Bizarre Attempt at Living for a Week Using Bitcoin appeared first on Bitcoin News.

Mainstream Journalist Makes Bizarre Attempt at Living On Bitcoin for a Week

Bitcoin News

2017. Jun. 22. 19:00

Mainstream Journalist Makes Bizarre Attempt at Living On Bitcoin for a Week

CNBC journalist Seema Moody recently published a report detailing the trials and tribulations of her attempt to live for a week solely using bitcoin as currency. This report, and others like it, fail to represent the actual ease with which one can exclusively use bitcoin as a money commodity, and spreads myths about the impracticality

The post Mainstream Journalist Makes Bizarre Attempt at Living On Bitcoin for a Week appeared first on Bitcoin News.

Coinbase Appeals Decision in Cryptsy Collapse Lawsuit

CoinDesk

2017. Jun. 22. 18:35

Coinbase Appeals Decision in Cryptsy Collapse Lawsuit Coinbase is appealing a court decision from earlier this month in a lawsuit filed on behalf of customers of Cryptsy.

Source

Illicit Cryptocurrency Use Targeted in Proposed 2018 FBI Budget

CoinDesk

2017. Jun. 22. 17:25

Illicit Cryptocurrency Use Targeted in Proposed 2018 FBI Budget Cryptocurrency is being cited by the FBI as a reason it needs to increase its spending in an effort to combat more advanced cybercrime.

Source

South Korean Officials Bash ICO:s and Plan to Approach Bitcoin ‘Cautiously’

Bitcoin News

2017. Jun. 22. 17:00

South Korean Officials Bash ICO:s and Plan to Approach Bitcoin ‘Cautiously’

On June 18, government officials from South Korea revealed some opinions concerning cryptocurrency ‘speculation’ taking place in the region. Also read: Korea Steadily Becoming a Cryptocurrency and Fintech Hub  Speculation and Unreasonable Profits South Korean financial regulators and government agencies have been watching and researching the use of digital currencies within the country. According to the

The post South Korean Officials Bash ICO:s and Plan to Approach Bitcoin ‘Cautiously’ appeared first on Bitcoin News.

US Government Seeks Blockchain Solutions for Contract Bidding System

CoinDesk

2017. Jun. 22. 16:45

US Government Seeks Blockchain Solutions for Contract Bidding System The US government’s main logistical agency is looking at blockchain as a way to re-envision its contract review process.

Source

Chainalysis Says They’ve Found the Missing $1.7 Billion Dollar Mt Gox Bitcoins

Bitcoin News

2017. Jun. 22. 16:04

Chainalysis Says They’ve Found the Missing $1.7 Billion Dollar Mt Gox Bitcoins

On June 8 the U.S. House Financial Services Subcommittee on Terrorism and Illicit Finance discussed the possible connection between cryptocurrencies and criminal activity. The hearing also revealed law enforcement officials know the “destination” of the missing 650,000 BTC lost during the Mt Gox insolvency. Also Read: Global Bitcoin ATM Proliferation Nearly Doubled During May Missing

The post Chainalysis Says They’ve Found the Missing $1.7 Billion Dollar Mt Gox Bitcoins appeared first on Bitcoin News.

Bitcoin Games Amazing Summertime 10% Cashback Bonus

Bitcoin News

2017. Jun. 22. 15:00

Bitcoin Games Amazing Summertime 10% Cashback Bonus

To celebrate the beginning of summer and make things a lot more exciting we are offering Bitcoin Games players who register their email 10 percent cashback on all their losses. Also Read: 70 Percent of the Bitcoin Hashrate Begins Signaling Segwit2x Hundreds of Bitcoins Paid Out to Lucky Players All Around the World Our entertainment

The post Bitcoin Games Amazing Summertime 10% Cashback Bonus appeared first on Bitcoin News.

IMF's Lagarde Touts Distributed Ledger as Defense Against Terror

CoinDesk

2017. Jun. 22. 14:53

IMF's Lagarde Touts Distributed Ledger as Defense Against Terror The head of one of the world's largest financial organizations has issued new comments addressing blockchain trends.

Source

Identity without the Blockchain? Skepticism Grows for Once-Hot Use Case

CoinDesk

2017. Jun. 22. 14:30

Identity without the Blockchain? Skepticism Grows for Once-Hot Use Case Launched at the UN, the ID2020 Alliance is seeking to revolutionize identity, but will blockchain be the technology of choice?

Source

Bitcoin Startup Blockchain Raises $40 Million Series B

CoinDesk

2017. Jun. 22. 13:08

Bitcoin Startup Blockchain Raises $40 Million Series B Bitcoin wallet software startup Blockchain has raised $40m in Series B funding to continue its mission of improving financial services.

Source

BITCF and SAMCO to Install Automated Check-Cashing Bitcoin ATMs in California

Bitcoin News

2017. Jun. 22. 13:00

BITCF and SAMCO to Install Automated Check-Cashing Bitcoin ATMs in California

First Bitcoin Capital Corp (BITCF) and Simple Automated Money, Inc (SAMCO) have announced a partnership to introduce check-cashing Bitcoin ATMs into Northern California’s high traffic markets. Also Read: Global Bitcoin ATM Proliferation Nearly Doubled During May The Partnership With SAMCO Will Begin With a Trial of 3 Check Cashing Kiosks in Northern California First Bitcoin

The post BITCF and SAMCO to Install Automated Check-Cashing Bitcoin ATMs in California appeared first on Bitcoin News.

Buddhist Monks Said to Be Targeted by Bitcoin Pyramid Scheme

CoinDesk

2017. Jun. 22. 13:00

Buddhist Monks Said to Be Targeted by Bitcoin Pyramid Scheme A bitcoin-focused pyramid scheme appears to have targeted Buddhist meditation practitioners in Thailand, according to a local news source.

Source

Power to the User: Accenture and Microsoft Are Changing Identity with Ethereum

CoinDesk

2017. Jun. 22. 12:00

Power to the User: Accenture and Microsoft Are Changing Identity with Ethereum Centralized ways to prove identity may now have an expiration date, thanks to a new blockchain prototype jointly built by Microsoft and Accenture.

Source

Power to the User: Accenture & Microsoft Are Changing Identity with Ethereum

CoinDesk

2017. Jun. 22. 12:00

Power to the User: Accenture & Microsoft Are Changing Identity with Ethereum Centralized ways to prove identity may now have an expiration date, thanks to a new blockchain prototype jointly built by Microsoft and Accenture.

Source

What's Blockchain? HSBC Survey Finds 59% of Consumers Don't Know

CoinDesk

2017. Jun. 22. 11:00

What's Blockchain? HSBC Survey Finds 59% of Consumers Don't Know A recent survey from the UK-based bank suggests that ordinary consumers are still largely in the dark about blockchain tech.

Source

Bitcoin Wallet Blockchain.Info Raises $40 Million From Well-Known Investors

Bitcoin News

2017. Jun. 22. 08:59

Bitcoin Wallet Blockchain.Info Raises $40 Million From Well-Known Investors

The popular online bitcoin wallet, Blockchain.info, has announced the completion of a successful series B funding round by raising $40 million. The company started its services back in 2011 and aims to continue making digital currencies easier to use for everyday people. Also Read: State of Montana Funds Bitcoin Mine to Bolster Local Jobs Blockchain Raises

The post Bitcoin Wallet Blockchain.Info Raises $40 Million From Well-Known Investors appeared first on Bitcoin News.

Bitcoin Wallet Blockchain Raises $40 Million From Well-Known Investors

Bitcoin News

2017. Jun. 22. 08:59

Bitcoin Wallet Blockchain Raises $40 Million From Well-Known Investors

The popular online bitcoin wallet, Blockchain.info, has announced the completion of a successful series B funding round by raising $40 million. The company started its services back in 2011 and aims to continue making digital currencies easier to use for everyday people. Also Read: State of Montana Funds Bitcoin Mine to Bolster Local Jobs Blockchain Raises

The post Bitcoin Wallet Blockchain Raises $40 Million From Well-Known Investors appeared first on Bitcoin News.

Hackers Use NSA Exploit to Mine Monero Using Victims’ Computers

Bitcoin News

2017. Jun. 22. 04:00

Hackers Use NSA Exploit to Mine Monero Using Victims’ Computers

Reports have surfaced detailing a malware trojan that uses an NSA hacking tool to infect Windows computers with a cryptocurrency mining bug. The virus identifies available resources on a victim’s PC that can be used to initiate the mining of XMR (Monero). The Trojan Was First Reported by Russian Antivirus Dr.Web Bleeping Computer has reported

The post Hackers Use NSA Exploit to Mine Monero Using Victims’ Computers appeared first on Bitcoin News.

Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With Bitcoin

Bitcoin News

2017. Jun. 22. 01:00

Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With Bitcoin

US cannabis merchants could soon have a major new service to accept payments using bitcoin, which would sidestep the federal ban on cannabis businesses using bank accounts. Also read: Washington State Bill to Ban Bitcoin for Pot Fails Funding Acquired Singlepoint Inc. is a publicly traded holding company based in Phoenix, Arizona, that focuses on

The post Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With Bitcoin appeared first on Bitcoin News.

$13: Ether Prices Plunge in GDAX Exchange Flash Crash

CoinDesk

2017. Jun. 21. 23:11

$13: Ether Prices Plunge in GDAX Exchange Flash Crash Ether's price plunged to $13 on GDAX amid signs the Ethereum network is struggling with growing usage.

Source

Status ICO Generates Over $60 Million, Fails to Deliver, Triggers Ethereum Overload

Bitcoin News

2017. Jun. 21. 23:00

Status ICO Generates Over $60 Million, Fails to Deliver, Triggers Ethereum Overload

A decentralized messaging app called Status — built on the Ethereum blockchain — raises over $60 million dollars during its initial coin offering campaign. However, as soon as the sale started the network became congested, and the Status team was unable to immediately provide everyone with their promised tokens.  Also read: Bitstamp Initiates Litecoin Trading Function as the Currency’s

The post Status ICO Generates Over $60 Million, Fails to Deliver, Triggers Ethereum Overload appeared first on Bitcoin News.

Startups See Service Outages Amid Ethereum Blockchain Backlog

CoinDesk

2017. Jun. 21. 21:25

Startups See Service Outages Amid Ethereum Blockchain Backlog The ethereum network's transaction backlog has ensnared a number of cryptocurrency exchanges.

Source

Unicode Consortium Adds Official Bitcoin “B” Symbol

Bitcoin News

2017. Jun. 21. 21:00

Unicode Consortium Adds Official Bitcoin “B” Symbol

On June 20 the Unicode Consortium revealed new version 10.0. They finally added the bitcoin symbol to their code. Now users can type the “B” symbol with their keyboards. The updated version has 8,518 new characters, with a total of 136,690. The Unicode site also mentions they have new scrips and emoji characters.  Also read: New

The post Unicode Consortium Adds Official Bitcoin “B” Symbol appeared first on Bitcoin News.

Bitstamp Initiates Litecoin Trading Function as the Currency’s Price Surges

Bitcoin News

2017. Jun. 21. 20:00

Bitstamp Initiates Litecoin Trading Function as the Currency’s Price Surges

European digital currency exchange Bitstamp rolled out Litecoin trading on Monday. The trading function will be accomplished by using trading pairs. It is paired with USD, EUR, and BTC. Now customers are able to effectively trade Litecoin via Bitstamp’s service.  Also read: China Blames Bitcoin Transactions for Leading to More Synthetic Drug Deaths Bitstamp’s official press release

The post Bitstamp Initiates Litecoin Trading Function as the Currency’s Price Surges appeared first on Bitcoin News.

NSA 'DoubleStar' Backdoor Blamed for Cryptocurrency Mining Malware

CoinDesk

2017. Jun. 21. 19:30

NSA 'DoubleStar' Backdoor Blamed for Cryptocurrency Mining Malware A type of cryptocurrency mining malware has spread due to an exploit developed by the US National Security Agency.

Source

State-Funded Bitcoin Data Center Infuriates Montana Locals

Bitcoin News

2017. Jun. 21. 19:10

State-Funded Bitcoin Data Center Infuriates Montana Locals

Citizens of Bonner have complained to their local council about noise pollution coming from a state-funded data processing center owned by Project Spokane LLC – a blockchain security company. Also Read: State of Montana Funds Bitcoin Mine to Bolster Local Jobs “It’s a Horrendous Noise,” Elaine Nagle Who Lives Near the Site Told Local News

The post State-Funded Bitcoin Data Center Infuriates Montana Locals appeared first on Bitcoin News.

Porsche Names Winner of Blockchain Startup Contest

CoinDesk

2017. Jun. 21. 18:30

Porsche Names Winner of Blockchain Startup Contest German automaker Porsche has revealed the winner of a blockchain startup competition first announced in April.

Source

Investment Legend Bill Miller Still Bullish on Bitcoin

Bitcoin News

2017. Jun. 21. 18:00

Investment Legend Bill Miller Still Bullish on Bitcoin

In a recent interview with CNBC, investment legend Bill Miller described bitcoin as “a true disruptor and true innovation in money”. Also Read: Global Bitcoin ATM Proliferation Nearly Doubled During May Miller Revealed That He and His Son Are Still Highly Bullish on Bitcoin Famed investor Bill Miller discussed his thoughts on bitcoin with CNBC

The post Investment Legend Bill Miller Still Bullish on Bitcoin appeared first on Bitcoin News.

China's ZhongAn Unveils Blockchain Tech for Food Supply Chain

CoinDesk

2017. Jun. 21. 17:15

China's ZhongAn Unveils Blockchain Tech for Food Supply Chain One day you may be able to check where your chicken was bred, raised, processed and examined.

Source

Bitcoin.com Cloud Mining Contracts — Record Daily Sellouts

Bitcoin News

2017. Jun. 21. 17:00

Bitcoin.com Cloud Mining Contracts — Record Daily Sellouts

This past May, Bitcoin.com launched our cloud mining service which was met with phenomenal success. Since then we’ve had significant demand, with cloud mining contract sales consistently outpacing supply. Furthermore, we’ve also had a bunch of customers tell us the excellent results they’ve seen with our premiere cloud mining plans. Demand for Hashrate Follows Bitcoin’s

The post Bitcoin.com Cloud Mining Contracts — Record Daily Sellouts appeared first on Bitcoin News.

New Bitcoin.com Podcast Episode with Stefan Thomas of Ripple Labs

Bitcoin News

2017. Jun. 21. 16:30

New Bitcoin.com Podcast Episode with Stefan Thomas of Ripple Labs

During this week’s Bitcoin.com podcast our host, Richard Jacobs, sits down with Stefan Thomas, CTO of Ripple Labs to discuss his company’s “real-time gross settlement protocol” Ripple (XRP). Also read: New Bitcoin.com Podcast Episode with Charlie Shrem and Anthony Di Iorio of Jaxx Currently, traditional settlement times for international bank transfers can cost a lot of

The post New Bitcoin.com Podcast Episode with Stefan Thomas of Ripple Labs appeared first on Bitcoin News.

Cambodia's Central Bank Pushes Ahead with Blockchain Payments Trials

CoinDesk

2017. Jun. 21. 16:15

Cambodia's Central Bank Pushes Ahead with Blockchain Payments Trials The National Bank of Cambodia has said it will continue to develop interbank payment solutions using blockchain tech.

Source

PBOC Will Not Release Regulations for Chinese Bitcoin Exchanges Anytime Soon

Bitcoin News

2017. Jun. 21. 16:00

PBOC Will Not Release Regulations for Chinese Bitcoin Exchanges Anytime Soon

Local Chinese publications reported last month that the People’s Bank of China (PBOC) will issue regulatory guidelines for Chinese bitcoin exchanges in June. However, last week, the bank reportedly dispelled the rumor and confirmed that no bitcoin regulations will be released this month. Also read: Regulations for Chinese Bitcoin Exchanges Expected in June, Withdrawals Could Soon

The post PBOC Will Not Release Regulations for Chinese Bitcoin Exchanges Anytime Soon appeared first on Bitcoin News.

No ICO: Hedge Fund Numerai Releases Blockchain Token But Skips the Funding

CoinDesk

2017. Jun. 21. 15:10

No ICO: Hedge Fund Numerai Releases Blockchain Token But Skips the Funding Autonomous hedge fund startup Numerai is releasing a new token today, though in a way that deviates from recent market trends.

Source

IBM Announces Blockchain Truck-Tracking Solution with Colombian Partner

CoinDesk

2017. Jun. 21. 15:00

IBM Announces Blockchain Truck-Tracking Solution with Colombian Partner IBM has teamed up with Colombian logistics firm AOS to develop a solution that uses blockchain and the Internet of Things to track deliveries.

Source

GPU Shortage Intensifies as Cryptocurrency Mining Offers up to Twice the Average Russian Monthly Wage

Bitcoin News

2017. Jun. 21. 14:00

GPU Shortage Intensifies as Cryptocurrency Mining Offers up to Twice the Average Russian Monthly Wage

European consumers in general and especially russian consumers have faced massive graphics card shortages following a dramatic increase in demand for cryptocurrency mining hardware. With some miners claiming that they can make up to $1600 USD a month and the average Russian wage sitting at less than $700 USD monthly it is unlikely that demand will

The post GPU Shortage Intensifies as Cryptocurrency Mining Offers up to Twice the Average Russian Monthly Wage appeared first on Bitcoin News.

Armed with an Ethereum ICO, Can Kik Succeed Where Facebook Failed?

CoinDesk

2017. Jun. 21. 13:30

Armed with an Ethereum ICO, Can Kik Succeed Where Facebook Failed? Social media platform Kik opens up about its plans to launch a cryptocurrency, saying the move could fulfill long-held business goals.

Source

New York Regulator Reports on Cryptocurrency Licensing, Inspects Businesses

Bitcoin News

2017. Jun. 21. 12:00

New York Regulator Reports on Cryptocurrency Licensing, Inspects Businesses

An annual report by the New York State Department of Financial services reiterates the importance of regulating digital currency businesses. The report was released on June 15, and it summarizes the departments activities with regards to its Bitlicense regulation for crypto-companies.  Also read: Australian Financial Authorities Look Into Ethereum’s Conflicts of Interest It said cryptocurrencies provide

The post New York Regulator Reports on Cryptocurrency Licensing, Inspects Businesses appeared first on Bitcoin News.

Uniform Law Commission Sets Date for Debate on Digital Currency Regime Rules

CoinDesk

2017. Jun. 21. 12:00

Uniform Law Commission Sets Date for Debate on Digital Currency Regime Rules The creators of model digital currency regulation for use by US lawmakers are set to convene to discuss key obstacles to their work in July.

Source

Uniform Law Commission Sets Date for Debate on Digital Currency Rules

CoinDesk

2017. Jun. 21. 12:00

Uniform Law Commission Sets Date for Debate on Digital Currency Rules The creators of model digital currency regulation for use by US lawmakers are set to convene to discuss key obstacles to their work in July.

Source

IBM Announces Blockchain Truck-Tracking Solution

CoinDesk

2017. Jun. 21. 11:55

IBM Announces Blockchain Truck-Tracking Solution IBM has teamed up with Colombian logistics firm AOS to develop a solution that uses blockchain and the Internet of Things to track deliveries.

Source

Markets Update: Bitcoin Price Climbs Higher After Last Week’s Low

Bitcoin News

2017. Jun. 21. 11:22

Markets Update: Bitcoin Price Climbs Higher After Last Week’s Low

Since our last markets update bitcoin’s fiat value dipped 30 percent throughout the second week of June. Following the correction, the price of bitcoin started moving back up on June 16th taking 15 percent off the previous day’s downfall. The price has been moving up the ladder ever since and is testing the $2780 range

The post Markets Update: Bitcoin Price Climbs Higher After Last Week’s Low appeared first on Bitcoin News.

A Bitcoin Scaling Upgrade: How It Could Finally Happen (And How It Could Fail)

CoinDesk

2017. Jun. 21. 11:00

A Bitcoin Scaling Upgrade: How It Could Finally Happen (And How It Could Fail) As various scaling proposal deadlines loom, bitcoin is either on the verge of the biggest change in its history, or its biggest political failure.

Source

Ayondo to Offer Bitcoin Trading Through Tradehub and Wetrade

Bitcoin News

2017. Jun. 21. 09:00

Ayondo to Offer Bitcoin Trading Through Tradehub and Wetrade

Ayondo have joined the growing list of mainstream contracts for difference (CFD) brokers who are offering bitcoin trading, with Ayondo announcing that bitcoin pairings will be available through its social trading platform Wetrade in addition to Tradehub. Also Read: HYCM Offer Bitcoin-USD Pairing Bitcoin Trading Will Also Be Made Available by Ayondo via Wetrade and

The post Ayondo to Offer Bitcoin Trading Through Tradehub and Wetrade appeared first on Bitcoin News.

Indian Government to Monitor Bitcoin Before Deciding If Regulator Is Needed

Bitcoin News

2017. Jun. 21. 07:00

Indian Government to Monitor Bitcoin Before Deciding If Regulator Is Needed

Representatives of various Indian government departments have made statement regarding the Indian government’s inquiry into virtual currencies. The statements clarify that Indian officials will first monitor cryptocurrency before determining if regulators are needed, and elude to the possibility that bitcoin may be recognized as a form of payment. Also Read: India Cracks Down on Illegal

The post Indian Government to Monitor Bitcoin Before Deciding If Regulator Is Needed appeared first on Bitcoin News.

How to Piggy Bank Bitcoin Keys in a Cold Storage Mosaic Artwork

Bitcoin News

2017. Jun. 21. 04:00

How to Piggy Bank Bitcoin Keys in a Cold Storage Mosaic Artwork

Just recently Bitcoin.com chatted with Max Hampton-Fischer, an industrial design student at the Rhode Island School of Design to talk about his new physical bitcoin creation. Fischer has created a piece of artwork that also safely stores bitcoin keys in what he calls the ‘Bitcoin Cold Storage Mosaic.’ Also read: State of Montana Funds Bitcoin Mine

The post How to Piggy Bank Bitcoin Keys in a Cold Storage Mosaic Artwork appeared first on Bitcoin News.

Forbes Encourages Readers to Buy Bitcoin at All-Time Highs

Bitcoin News

2017. Jun. 21. 01:00

Forbes Encourages Readers to Buy Bitcoin at All-Time Highs

An article posted in Forbes’ Level-Up encouraged its readers to buy into bitcoin, despite bitcoin’s price currently sitting within range of its all-time high, following gains of several hundreds of percent over the course of the preceding year. The Forbes owned magazine’s article highlights a consistent pattern among mainstream media outlets’ coverage of cryptocurrency, in

The post Forbes Encourages Readers to Buy Bitcoin at All-Time Highs appeared first on Bitcoin News.

ICO Blues: Status Raises $64 Million (So Far) But Leaves Buyers Waiting

CoinDesk

2017. Jun. 20. 23:20

ICO Blues: Status Raises $64 Million (So Far) But Leaves Buyers Waiting A much-anticipated ICO helped a project called Status raise more than $60m in funds, though many would-be buyers were left locked out.

Source

UK Regulator Warns Investors Bitcoin Trading is Risky

Bitcoin News

2017. Jun. 20. 22:00

UK Regulator Warns Investors Bitcoin Trading is Risky

A high ranking UK regulator recently warned people about the pitfalls and perils of bitcoin investing. Chris Woolard, The Financial Conduct Authority’s executive director of strategy and competition, said there are many trades happening in the cryptocurrency and bitcoin space. He just wants investors to know there are risks with speculating in digital assets, that

The post UK Regulator Warns Investors Bitcoin Trading is Risky appeared first on Bitcoin News.

You Can Now Type the Bitcoin 'B' Symbol in Unicode Text

CoinDesk

2017. Jun. 20. 21:20

You Can Now Type the Bitcoin 'B' Symbol in Unicode Text A decades-old computer character standard has been updated with a symbol for bitcoin.

Source

China Blames Bitcoin Transactions for Leading to More Synthetic Drug Deaths

Bitcoin News

2017. Jun. 20. 20:00

China Blames Bitcoin Transactions for Leading to More Synthetic Drug Deaths

China is expected to ban a new synthetic heroin substance called U-47700, and they blame bitcoin as the currency “criminals” use to conduct transactions with their customers. They tend to think anonymous bitcoin trades on the dark web lead to people’s deaths at the hands of these synthetics. Also read: HYCM Offers Bitcoin-USD Pairing A June 19th article

The post China Blames Bitcoin Transactions for Leading to More Synthetic Drug Deaths appeared first on Bitcoin News.

Illinois Government Sponsors Month-Long Blockchain Hackathon

CoinDesk

2017. Jun. 20. 20:00

Illinois Government Sponsors Month-Long Blockchain Hackathon The state of Illinois is backing an upcoming blockchain hackathon. The IBI Hack, a month-long virtual hackathon set to begin on 1st July, is being organized by the Illinois Blockchain Initiative along with blockchain technology startup Fulcrum. The event is open to students and recent university graduates from around the world, with all entries due on 31st […]

Source

PR: How Ethereum Is Used in CTFs (Coin Traded Funds) and What the Benefits Are

Bitcoin News

2017. Jun. 20. 19:00

PR: How Ethereum Is Used in CTFs (Coin Traded Funds) and What the Benefits Are

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Thanks to blockchain technology and the rise of cryptocurrencies, investment scenarios

The post PR: How Ethereum Is Used in CTFs (Coin Traded Funds) and What the Benefits Are appeared first on Bitcoin News.

Comcast, Disney and NBCUniversal: Media Giants to Launch Blockchain Ad Platform

CoinDesk

2017. Jun. 20. 18:50

Comcast, Disney and NBCUniversal: Media Giants to Launch Blockchain Ad Platform US telecom giant Comcast has announced a new blockchain platform focused on advertising.

Source

Comcast, Disney, NBC: Media Giants to Launch Blockchain Ad Platform

CoinDesk

2017. Jun. 20. 18:50

Comcast, Disney, NBC: Media Giants to Launch Blockchain Ad Platform US telecom giant Comcast has announced a new blockchain platform focused on advertising.

Source

Most Popular Contactless Smart Cards in Japan Adding Bitcoin Hardware Wallets

Bitcoin News

2017. Jun. 20. 17:30

Most Popular Contactless Smart Cards in Japan Adding Bitcoin Hardware Wallets

Sony’s Felica technology is behind many of the most popular contactless NFC smart cards. Already the de facto standard in Japan for commuter travel payments, Felica is being used at the point of sale, railway and air ticketing, as well as for University ID cards – to name a few. It was recently announced that

The post Most Popular Contactless Smart Cards in Japan Adding Bitcoin Hardware Wallets appeared first on Bitcoin News.

Bitfury Inks Deal With DC Firm in Blockchain Insurance Push

CoinDesk

2017. Jun. 20. 17:25

Bitfury Inks Deal With DC Firm in Blockchain Insurance Push Bitfury has formed a new partnership focused on the insurance intermediation market with a Washington, DC-based insurance advisory firm.

Source

PR: HashMining.eu Cloud Mining Allows Anyone To Mine Ethereum

Bitcoin News

2017. Jun. 20. 16:30

PR: HashMining.eu Cloud Mining Allows Anyone To Mine Ethereum

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Amsterdam, The Netherlands – Hash Mining is pleased to announce our

The post PR: HashMining.eu Cloud Mining Allows Anyone To Mine Ethereum appeared first on Bitcoin News.

India Inches Closer to Developing Cryptocurrency Rules

CoinDesk

2017. Jun. 20. 16:15

India Inches Closer to Developing Cryptocurrency Rules Government agencies in India are reportedly moving closer to developing regulations around cryptocurrencies.

Source

New York's Financial Regulator Is Now Inspecting Bitcoin Startups

CoinDesk

2017. Jun. 20. 15:00

New York's Financial Regulator Is Now Inspecting Bitcoin Startups The NYDFS is now carrying out legislated examinations of digital currency startups licensed in the state, according to an annual report.

Source

PR: This Investment Is Just Like Buying Bitcoin in 2012

Bitcoin News

2017. Jun. 20. 14:30

PR: This Investment Is Just Like Buying Bitcoin in 2012

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Imagine if you had invested in Bitcoin in 2012. Just five

The post PR: This Investment Is Just Like Buying Bitcoin in 2012 appeared first on Bitcoin News.

UN Leaders Urge Blockchain Startups to Collaborate on Identity

CoinDesk

2017. Jun. 20. 14:01

UN Leaders Urge Blockchain Startups to Collaborate on Identity Representatives of the UN are calling for blockchain firms and others to collaborate on better identity solutions.

Source

Australian Financial Authorities Look Into Ethereum’s Conflicts of Interest

Bitcoin News

2017. Jun. 20. 14:00

Australian Financial Authorities Look Into Ethereum’s Conflicts of Interest

This week Bitcoin.com spoke with an anonymous individual from Australia who has been in contact with the Australian Securities and Investments Commission concerning Ethereum’s (ETH) possible violation of financial laws that originated from the DAO hack and the ETH hard fork last year. Also Read: 70 Percent of the Bitcoin Hashrate Begins Signaling Segwit2x Ethereum’s Conflict

The post Australian Financial Authorities Look Into Ethereum’s Conflicts of Interest appeared first on Bitcoin News.

Too Easy? Critics Take Aim at Ethereum Token Standard Amid ICO Boom

CoinDesk

2017. Jun. 20. 13:00

Too Easy? Critics Take Aim at Ethereum Token Standard Amid ICO Boom Ethereum launched its ERC-20 token standard with good intentions, but as ICO fever takes hold, some are wondering if it's now too easy to raise funds.

Source

Assisting in Bitcoin Purchases for Ransomware May Be Illegal in the US

Bitcoin News

2017. Jun. 20. 12:00

Assisting in Bitcoin Purchases for Ransomware May Be Illegal in the US

‘White hat’ security consultant, Vinny Troia, had his Coinbase account suspended for breaching US regulations by paying cyber-ransoms, amidst growing concerns that US anti-money laundering legislation needs to be updated for the cryptocurrency era. Also Read: US Lawmakers Urged to Take Action Against Unlicensed Offshore Bitcoin Exchanges Troia Was Unable to Provide U.S. Department of

The post Assisting in Bitcoin Purchases for Ransomware May Be Illegal in the US appeared first on Bitcoin News.

Japan's Financial Firms Test Distributed Ledger With R3 Corda Trial

CoinDesk

2017. Jun. 20. 12:00

Japan's Financial Firms Test Distributed Ledger With R3 Corda Trial A group of Japanese financial institutions has tested a prototype that uses DLT to streamline international transaction agreements.

Source

IMF Explores ICOs and Central Bank Coins in New Blockchain Note

CoinDesk

2017. Jun. 20. 11:00

IMF Explores ICOs and Central Bank Coins in New Blockchain Note A new research note from the IMF digs deep into blockchain, touching on topics in the technology's development both new and old.

Source

Indian Government to Recommend Bitcoin Regulation Within 6 Months

Bitcoin News

2017. Jun. 20. 10:00

Indian Government to Recommend Bitcoin Regulation Within 6 Months

The Indian government will meet to discuss the regulatory framework of Bitcoin and other digital currencies next week, according to a local publication. Bitcoin.com talked with India’s leading bitcoin exchanges to find out what to really expect from the meeting. Also read: India’s Government Divided Over Bitcoin Legalization Government Working on Bitcoin Framework Next Week

The post Indian Government to Recommend Bitcoin Regulation Within 6 Months appeared first on Bitcoin News.

Blockchain Comes to East London With Colu Local Currency Launch

CoinDesk

2017. Jun. 20. 10:00

Blockchain Comes to East London With Colu Local Currency Launch Israel-based blockchain firm Colu has launched ‘Local Pound, East London’, a digital currency for shoppers and small businesses in east London.

Source

Indian Government to Recommend Bitcoin Regulatory Framework Within 6 Months

Bitcoin News

2017. Jun. 20. 05:32

Indian Government to Recommend Bitcoin Regulatory Framework Within 6 Months

The Indian government will meet to discuss the regulatory framework of Bitcoin and other digital currencies next week, according to a local publication. Bitcoin.com talked with India’s leading bitcoin exchanges to find out what to really expect from the meeting. Also read: India’s Government Divided Over Bitcoin Legalization Government Working on Bitcoin Framework Next Week

The post Indian Government to Recommend Bitcoin Regulatory Framework Within 6 Months appeared first on Bitcoin News.

HYCM Offers Bitcoin-USD Pairing

Bitcoin News

2017. Jun. 20. 01:00

HYCM Offers Bitcoin-USD Pairing

In response to popular pressure from clients, forex and CFDs broker HYCM have announced that they have added the BTC-USD pairing to their list of traded financial instruments. The decision comes during a period of increased cryptocurrency engagement on the part of major financial institutions. Also Read: Coincheck Reopens Lending Service with 11 More Cryptocurrencies

The post HYCM Offers Bitcoin-USD Pairing appeared first on Bitcoin News.

Warning: Cryptocurrency Scams Are Posing as China's Central Bank

CoinDesk

2017. Jun. 19. 23:40

Warning: Cryptocurrency Scams Are Posing as China's Central Bank The central bank of China has issued a new warning over fraudulent activities in the cryptocurrency sector.

Source

Bank of Thailand Governor Heralds Blockchain's Coming Impact

CoinDesk

2017. Jun. 19. 22:00

Bank of Thailand Governor Heralds Blockchain's Coming Impact The Bank of Thailand has issued new remarks that highlight its evolving thinking on blockchain and distributed ledgers.

Source

Malaysian Bitcoin Users Divest Carefully Into LTC and ETH

Bitcoin News

2017. Jun. 19. 21:00

Malaysian Bitcoin Users Divest Carefully Into LTC and ETH

Luno has published results of a survey conducted from its Malaysian userbase. The findings yield fascinating insights into the development and psychology of the Malaysian cryptocurrency community. Also Read: Malaysia Bitcoin Trading Volumes Rise as Capital Controls Tighten Approximately 60% of Survey Respondents Described Their Engagement With Cryptocurrency as Being Financially Motivated A recent survey

The post Malaysian Bitcoin Users Divest Carefully Into LTC and ETH appeared first on Bitcoin News.

Litecoin's Price Tops $50 to Set New All-Time High

CoinDesk

2017. Jun. 19. 20:40

Litecoin's Price Tops $50 to Set New All-Time High Spurred by a sudden exchange listing, the price of the cryptocurrency litecoin hit a new all-time high today above $50.

Source

Bitcoin Miners Unite Behind Scaling Proposal Segwit2x

CoinDesk

2017. Jun. 19. 19:25

Bitcoin Miners Unite Behind Scaling Proposal Segwit2x Bitcoin miners are now actively showing their support for a network scaling proposal by flagging signaling directly on the blockchain.

Source

70 Percent of the Bitcoin Hashrate Begins Signaling Segwit2x

Bitcoin News

2017. Jun. 19. 18:37

70 Percent of the Bitcoin Hashrate Begins Signaling Segwit2x

On June 16 the alpha code for the scaling solution Segwit2x was released to the public following a large number of mining pools having vocally supported the plan. Since then a large majority of miners who back the Segwit2x roadmap have started signaling with their hashrate. Also Read: Australian Opposition Leader Believes Bitcoin is Fueling

The post 70 Percent of the Bitcoin Hashrate Begins Signaling Segwit2x appeared first on Bitcoin News.

Financial Firms Offer Diverse Blockchain Views in European Commission Response

CoinDesk

2017. Jun. 19. 17:50

Financial Firms Offer Diverse Blockchain Views in European Commission Response With a public comment period over, financial firms are beginning to publish remarks submitted to the European Commission on DLT.

Source

Feecon 2017: Bolstering the Principles of a Free Society and Bitcoin

Bitcoin News

2017. Jun. 19. 17:00

Feecon 2017: Bolstering the Principles of a Free Society and Bitcoin

On June 15-17 hundreds of liberty focused individuals attended the Foundation for Economic Education’s Feecon 2017 to learn about economics, free markets, and network with like-minded thinkers who are inspired to change the world. Bitcoin.com was a proud sponsor of Feecon and got the chance to teach attendees about the decentralized currency’s attributes while also

The post Feecon 2017: Bolstering the Principles of a Free Society and Bitcoin appeared first on Bitcoin News.

Russia's National Payment Card Provider: Blockchain Isn't for Us

CoinDesk

2017. Jun. 19. 16:40

Russia's National Payment Card Provider: Blockchain Isn't for Us New statements by Russia's top card issuer suggests the domestic financial industry is still warming slowly to blockchain.

Source

'Absolutely Necessary': How Blockchain Could Help Tech Giant Cisco Reboot

CoinDesk

2017. Jun. 19. 15:00

'Absolutely Necessary': How Blockchain Could Help Tech Giant Cisco Reboot As hardware sales fall, Cisco is now pushing even deeper into blockchain, seeking efficiency benefits and improved profits from the tech.

Source

Australian Tells Story of Throwing Away Hard Drive Hosting 1400 Bitcoins

Bitcoin News

2017. Jun. 19. 15:00

Australian Tells Story of Throwing Away Hard Drive Hosting 1400 Bitcoins

Sydney-based technology journalist Campbell Simpson details his story of throwing away a hard drive containing 1400 bitcoin 5 years ago. Also Read: Australian Opposition Leader Believes Bitcoin is Fueling Terrorism “I Paypal’d Some Random Stranger From the Other Side of the World a Few US Dollars for a Digital Transaction of an Effectively Worthless Faux-Currency”

The post Australian Tells Story of Throwing Away Hard Drive Hosting 1400 Bitcoins appeared first on Bitcoin News.

Australian Tells Story of Throwing Away Hard Drive With 1400 Bitcoins

Bitcoin News

2017. Jun. 19. 15:00

Australian Tells Story of Throwing Away Hard Drive With 1400 Bitcoins

Sydney-based technology journalist Campbell Simpson details his story of throwing away a hard drive containing 1400 bitcoin 5 years ago. Also Read: Australian Opposition Leader Believes Bitcoin is Fueling Terrorism “I Paypal’d Some Random Stranger From the Other Side of the World a Few US Dollars for a Digital Transaction of an Effectively Worthless Faux-Currency”

The post Australian Tells Story of Throwing Away Hard Drive With 1400 Bitcoins appeared first on Bitcoin News.

UK Financial Regulator Calls for Caution on Cryptocurrency Investing

CoinDesk

2017. Jun. 19. 14:00

UK Financial Regulator Calls for Caution on Cryptocurrency Investing An official at the UK's Financial Conduct Authority has issued cautionary comments amid a wave of new investment in the cryptocurrency market.

Source

Nevada Senator: We Want to Be 'Home Base' for Blockchain Startups

CoinDesk

2017. Jun. 19. 13:01

Nevada Senator: We Want to Be 'Home Base' for Blockchain Startups A new law in Nevada is paving the way for the US state's broad bid to attract new blockchain startups.

Source

Coincheck Reopens Lending Service with 11 More Cryptocurrencies

Bitcoin News

2017. Jun. 19. 12:00

Coincheck Reopens Lending Service with 11 More Cryptocurrencies

The bitcoin lending service has resumed at Japanese exchange Coincheck, with the addition of eleven more cryptocurrencies that the exchange’s customers can lend out. Also read: Bitcoin to Be Accepted at 260,000 Stores in Japan by This Summer Extending Lending Service to 11 Cryptocurrencies Last month the Tokyo-based bitcoin exchange Coincheck launched a bitcoin lending

The post Coincheck Reopens Lending Service with 11 More Cryptocurrencies appeared first on Bitcoin News.

Forfeit Your Bitcoin? Congressional Bill Draws Fire Over Border Check Rules

CoinDesk

2017. Jun. 19. 11:45

Forfeit Your Bitcoin? Congressional Bill Draws Fire Over Border Check Rules A group of influential US senators want to see digital currency holdings declared at the border – and advocates of the tech are pushing back.

Source

Craig Wright on “The Risks of Segregated Witness: Opening the Door to Mining Cartels”

Bitcoin News

2017. Jun. 19. 11:13

Craig Wright on “The Risks of Segregated Witness: Opening the Door to Mining Cartels”

Written by Dr. Craig Wright. The bitcoin community continues to debate Segregated Witness, the Bitcoin Core development team’s proposed scaling solution which would separate signature data (witnesses) from transaction data. There are numerous risks with SegWit, but one in particular needs more attention: SegWit opens the door to methods of collusion and mining cartels which

The post Craig Wright on “The Risks of Segregated Witness: Opening the Door to Mining Cartels” appeared first on Bitcoin News.

Blockchain and the Birth of a New Financial Instrument

CoinDesk

2017. Jun. 19. 10:30

Blockchain and the Birth of a New Financial Instrument A less-hyped blockchain trial in the Middle East could come to have a big impact on banking.

Source

Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued

Bitcoin News

2017. Jun. 19. 01:00

Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued

A Bloomberg article pointed out June 15 that Bitcoin trading volume has jumped to 1.3 million this past week in Venezuela. There seems to be ever-increasing excitement about cryptocurrency in the country.  Also read: Legality of Basic Attention Token and Other ICOs Called Into Question In many places, people are hesitant and skeptical about digital currencies

The post Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued appeared first on Bitcoin News.

Lower mining fees

Bitbargain.com

2017. Jun. 18. 23:49

Lower mining fees

The txfee calculation has been optimised, the dropdown information has been improved.

What’s changed:

- Instead of taking the recommended fastest fee from bitcoinfees.21.co, we now process and evaluate the full statistics.

- Instead of using the recommended fee as the basis and splitting it to offer different options, we now use specific block targets (first block, within 3 blocks, within 10 blocks as high/medium/low respectively).

- We now look up and display the expected block delay for the minimum txfee option (ie. free withdrawals using the txfee paid by us).

- The availability of a free withdrawal is no longer determined by the mempool backlog but rather if the block delay for the free withdrawal is below 20 blocks.

- The expected sat/B amount for your transaction is shown in the dropdown.

- The expected block delay is shown in the dropdown.

Chinese Explore Future of OTC Trading at Bitcoin Meetup

Bitcoin News

2017. Jun. 18. 22:00

Chinese Explore Future of OTC Trading at Bitcoin Meetup

In a recent meeting in Chengdu, China, traders explored how over-the-counter (OTC) exchanges will function in the future. The meeting was arranged by BitKan in order to allow bitcoin investors and professionals to come together to build shared trust and understanding.  Also read: Central Bank of Samoa Issues Warning Against Digital Currency The meeting is a result

The post Chinese Explore Future of OTC Trading at Bitcoin Meetup appeared first on Bitcoin News.

Lower mining fees

Bitbargain.com

2017. Jun. 18. 21:49

Lower mining fees

The txfee calculation has been optimised, the dropdown information has been improved.

What’s changed:

- Instead of taking the recommended fastest fee from bitcoinfees.21.co, we now process and evaluate the full statistics.

- Instead of using the recommended fee as the basis and splitting it to offer different options, we now use specific block targets (first block, within 3 blocks, within 10 blocks as high/medium/low respectively).

- We now look up and display the expected block delay for the minimum txfee option (ie. free withdrawals using the txfee paid by us).

- The availability of a free withdrawal is no longer determined by the mempool backlog but rather if the block delay for the free withdrawal is below 20 blocks.

- The expected sat/B amount for your transaction is shown in the dropdown.

- The expected block delay is shown in the dropdown.

Celebrities Continue to Discuss the Subject of Bitcoin With Optimism

Bitcoin News

2017. Jun. 18. 19:00

Celebrities Continue to Discuss the Subject of Bitcoin With Optimism

Over the past few months, many well-known investors have been coming out of the woodwork to discuss the decentralized cryptocurrency bitcoin. In parallel with these investment types chatting about the rise of digital assets many popular socialites, musicians, and celebrities are talking about bitcoin as well. Also Read: Increased South African Bitcoin Adoption Highlights Need

The post Celebrities Continue to Discuss the Subject of Bitcoin With Optimism appeared first on Bitcoin News.

Top Bitmex Representatives Discuss The People’s Bank of China and Bitcoin’s Future

Bitcoin News

2017. Jun. 18. 17:30

Top Bitmex Representatives Discuss The People’s Bank of China and Bitcoin’s Future

In a recent interview published on Technode with CEO Arthur Hayes and COO Ben Delo, Bitmex’s co-founders discussed Bitmex’s growth, changes within the Chinese cryptocurrency landscape, and the future of the bitcoin and cryptocurrency industries. Also Read: Researcher from China’s Central Bank Discusses an ICO Regulatory Sandbox Bitmex Has Shown an Invulnerability to Recent Chinese Regulatory

The post Top Bitmex Representatives Discuss The People’s Bank of China and Bitcoin’s Future appeared first on Bitcoin News.

Bitpesa CEO Claims Bitcoin-Based Remittance Companies Have Reduced Costs by 75%

Bitcoin News

2017. Jun. 18. 15:00

Bitpesa CEO Claims Bitcoin-Based Remittance Companies Have Reduced Costs by 75%

Bitpesa founder and CEO, Elizabeth Rossiello, has claimed that bitcoin-based remittance services have reduced the costs of international payments by 75%, and reduced the average time of settlement from 12 days to approximately 12 hours. Rossiello also discussed the African cryptocurrency economy and changing attitudes towards bitcoin on the part of major international financial institutions

The post Bitpesa CEO Claims Bitcoin-Based Remittance Companies Have Reduced Costs by 75% appeared first on Bitcoin News.

Financial Inclusion & Cryptocurrency: Why We Need an AML/KYC Safe Harbor

CoinDesk

2017. Jun. 18. 13:00

Financial Inclusion & Cryptocurrency: Why We Need an AML/KYC Safe Harbor Compliance rules may be boosting blockchain innovation, but legal uncertainty is excluding some developing nations from the global banking system.

Source

Banking and Blockchain: Why We Need an AML/KYC Safe Harbor

CoinDesk

2017. Jun. 18. 13:00

Banking and Blockchain: Why We Need an AML/KYC Safe Harbor Compliance rules may be boosting blockchain innovation, but legal uncertainty is excluding some developing nations from the global banking system.

Source

PR: The Secret to Becoming a Crypto Millionaire

Bitcoin News

2017. Jun. 18. 13:00

PR: The Secret to Becoming a Crypto Millionaire

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Are you a crypto millionaire? If so, you probably bought into

The post PR: The Secret to Becoming a Crypto Millionaire appeared first on Bitcoin News.

Chinese Miners Announce Accelerated Development and Activation of Segwit2x

Bitcoin News

2017. Jun. 18. 12:00

Chinese Miners Announce Accelerated Development and Activation of Segwit2x

A new agreement has been struck among Chinese Bitcoin exchanges and mining companies representing the majority of Bitcoin’s hashing power. They agree to accelerate the development and activation of the Segwit2x scaling upgrade. Also read: Bitmain Announces Hard Fork Protection Plan Against UASF Miners Supporting Segwit2x Segwit2x, also known as the New York Agreement, is an

The post Chinese Miners Announce Accelerated Development and Activation of Segwit2x appeared first on Bitcoin News.

Blockchain in France: A Primer on an Emerging Market

CoinDesk

2017. Jun. 18. 12:00

Blockchain in France: A Primer on an Emerging Market A startup founder gives an overview of the French blockchain scene, arguing that now is the time to take official engagement to the next level.

Source

Popular Japanese Capsule Hotels Embracing Bitcoin

Bitcoin News

2017. Jun. 18. 01:00

Popular Japanese Capsule Hotels Embracing Bitcoin

Since the Japanese government started recognizing bitcoin, an increasing number of merchants in the country have adopted it as a payment option. Among them are a couple of Japan’s iconic and popular capsule hotels. Also read: Bitcoin to Be Accepted at 260,000 Stores in Japan by This Summer Capsule Hotels Accepting Bitcoin Capsule hotels, sometimes called

The post Popular Japanese Capsule Hotels Embracing Bitcoin appeared first on Bitcoin News.

Central Bank of Samoa Issues Warning Against Digital Currency

Bitcoin News

2017. Jun. 17. 21:00

Central Bank of Samoa Issues Warning Against Digital Currency

The Central Bank of Samoa has issued a warning against digital currency, including bitcoin, as part of a larger effort to crack down on get rich quick schemes. Also read: Digital Currency Regulations Coming Soon to Iran The Central Bank’s Warning The Central Bank of Samoa (CBS) has issued a warning against get rich quick schemes

The post Central Bank of Samoa Issues Warning Against Digital Currency appeared first on Bitcoin News.

Ignore the State’s Coming Blockchain Grab. Be Happy Libertarians

Bitcoin News

2017. Jun. 17. 17:00

Ignore the State’s Coming Blockchain Grab. Be Happy Libertarians

A May 30th article in the Atlantic declared, “Cryptocurrency Might be a Path to Authoritarianism. Extreme libertarians built blockchain to decentralize government and corporate power. It could consolidate their control instead.”  Also read: SEC Eyes Initial Coin Offerings for Regulatory Oversight The article distorts important points but it raises a valid concern. Namely, bitcoin and the

The post Ignore the State’s Coming Blockchain Grab. Be Happy Libertarians appeared first on Bitcoin News.

PR: How to Profit from “The Flippening”

Bitcoin News

2017. Jun. 17. 13:00

PR: How to Profit from “The Flippening”

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. There has never been a more exciting time in cryptocurrency. Bitcoin

The post PR: How to Profit from “The Flippening” appeared first on Bitcoin News.

Coinbase to White Hat Hacker: We Don't Want Your Bitcoin

CoinDesk

2017. Jun. 17. 12:45

Coinbase to White Hat Hacker: We Don't Want Your Bitcoin Black hat hackers are asking for bitcoin. White hat hackers, at the behest of clients need to pay up. But Coinbase is kicking the 'good guys' out.

Source

Ethereum's ERC-20 Tokens Are All the Rage. But What Are They Anyway?

CoinDesk

2017. Jun. 17. 12:08

Ethereum's ERC-20 Tokens Are All the Rage. But What Are They Anyway? At the root of a high-profile wave of mega-ICO fundraising efforts on ethereum is a token standard called ERC-20. So what is it anyway?

Source

Ethereum 'Tokens' Are All the Rage. But What Are They Anyway?

CoinDesk

2017. Jun. 17. 12:08

Ethereum 'Tokens' Are All the Rage. But What Are They Anyway? At the root of a high-profile wave of mega-ICO fundraising efforts on ethereum is a token standard called ERC-20. So what is it anyway?

Source

Legality of Basic Attention Token and Other ICOs Called Into Question

Bitcoin News

2017. Jun. 17. 12:00

Legality of Basic Attention Token and Other ICOs Called Into Question

At the start of June, Brave Software raised $35 million USD in 30 seconds, selling out their Initial Coin Offering (ICO) in record time. With recent reports indicating that the United States Securities and Exchanges Commission will be taking steps toward developing regulations for ICOs, questions have surfaced as to whether or not pre-sale token distribution

The post Legality of Basic Attention Token and Other ICOs Called Into Question appeared first on Bitcoin News.

Second Annual Coinsbank Blockchain Cruise ‘Massive Success’

Bitcoin News

2017. Jun. 17. 10:55

Second Annual Coinsbank Blockchain Cruise ‘Massive Success’

Just recently Bitcoin.com reported on the Second Annual Coinsbank Blockchain Cruise that took place this past May 25th through June 3rd. The event held on the Royal Caribbean’s Anthem of the Seas vessel was filled with a broad range of entertainment and educational resources focused on the future of cryptocurrency solutions and blockchain innovation. Coinsbank

The post Second Annual Coinsbank Blockchain Cruise ‘Massive Success’ appeared first on Bitcoin News.

New Dandelion Proposal Aims to Anonymize Bitcoin Transaction Broadcasts

Bitcoin News

2017. Jun. 17. 04:00

New Dandelion Proposal Aims to Anonymize Bitcoin Transaction Broadcasts

Back in February a new privacy white paper for the Bitcoin network called ‘Dandelion’ was published and received a lot of attention from the bitcoin community. Now the researchers and programmers involved with the idea have submitted a Bitcoin Improvement Proposal (BIP) to the bitcoin developers list for feedback and review. Also Read: Some Blockchain

The post New Dandelion Proposal Aims to Anonymize Bitcoin Transaction Broadcasts appeared first on Bitcoin News.

Coinbase Temporarily Disables Ross Ulbricht’s Account, Hires Silkroad Prosecutor

Bitcoin News

2017. Jun. 17. 01:00

Coinbase Temporarily Disables Ross Ulbricht’s Account, Hires Silkroad Prosecutor

Yesterday, cryptocurrency exchange Coinbase disabled alleged Silkroad founder Ross Ulbricht’s account. They reactivated it later, citing security concerns. After this happened, some people pointed out Coinbase just hired Silkroad prosecutor, Kathryn Haun, which exacerbated worries that Coinbase may be targeting the Ulbricht campaign.  Also read: Top German Banker Warns Cryptocurrencies Could Precipitate a Financial Crisis When people mentioned Haun

The post Coinbase Temporarily Disables Ross Ulbricht’s Account, Hires Silkroad Prosecutor appeared first on Bitcoin News.

PR: Nimiq Delivers the World’s First Browser-Based Blockchain Technology to Enable Mass Adoption

Bitcoin News

2017. Jun. 16. 23:23

PR: Nimiq Delivers the World’s First Browser-Based Blockchain Technology to Enable Mass Adoption

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Have you ever tried to tell someone about bitcoin and blockchain

The post PR: Nimiq Delivers the World’s First Browser-Based Blockchain Technology to Enable Mass Adoption appeared first on Bitcoin News.

In the Green: Cryptocurrency Prices Rebound After Market Correction

CoinDesk

2017. Jun. 16. 21:30

In the Green: Cryptocurrency Prices Rebound After Market Correction Cryptocurrency prices have rebounded, reversing the price declines seen during a broad market correction.

Source

Survey Shows Bitcoin Has Much Room to Grow with Retail Investors

Bitcoin News

2017. Jun. 16. 21:00

Survey Shows Bitcoin Has Much Room to Grow with Retail Investors

A recent survey of retail investors in Japan, the US, and Hong Kong shows that only a tiny fraction of them are currently investing in digital currencies like bitcoin, leaving tremendous potential for growth. Also read: Bitcoin ETN Crosses $100 Million After Unprecedented Demand From Investors, Partners With Xapo Monex Group’s Survey The Monex Group is

The post Survey Shows Bitcoin Has Much Room to Grow with Retail Investors appeared first on Bitcoin News.

You Can Now Watch Every Minute of CoinDesk's Consensus 2017 Online

CoinDesk

2017. Jun. 16. 20:05

You Can Now Watch Every Minute of CoinDesk's Consensus 2017 Online Video replays of the Consensus 2017 panels, workshops and keynotes are now available for viewing.

Source

Watch Every Minute of CoinDesk's Consensus 2017 Conference Online Now

CoinDesk

2017. Jun. 16. 20:05

Watch Every Minute of CoinDesk's Consensus 2017 Conference Online Now Video replays of the Consensus 2017 panels, workshops and keynotes are now available for viewing.

Source

Top German Banker Warns Cryptocurrencies Could Precipitate a Financial Crisis

Bitcoin News

2017. Jun. 16. 19:00

Top German Banker Warns Cryptocurrencies Could Precipitate a Financial Crisis

A top German banker, Jens Weidmann, commented Wednesday that digital currencies like bitcoin could cause a financial catastrophe. The banker alluded to the idea digital currencies are unstable and prone to violent fluctuations on the market. Weidmann said for people to expect banks to adopt digital currencies so the average citizen begin to have faith in

The post Top German Banker Warns Cryptocurrencies Could Precipitate a Financial Crisis appeared first on Bitcoin News.

South Korean Government to Auction $5.4 Million in Bitcoin

CoinDesk

2017. Jun. 16. 18:25

South Korean Government to Auction $5.4 Million in Bitcoin The South Korea government plans to auction 216 bitcoins that it confiscated during a 2016 criminal investigation, according to local reports.

Source

South Korean Government to Auction $540k in Bitcoin

CoinDesk

2017. Jun. 16. 18:25

South Korean Government to Auction $540k in Bitcoin The South Korea government plans to auction 216 bitcoins that it confiscated during a 2016 criminal investigation, according to local reports.

Source

Chinese Tech Firms, Universities to Launch Blockchain Consortium in Chengdu

CoinDesk

2017. Jun. 16. 17:16

Chinese Tech Firms, Universities to Launch Blockchain Consortium in Chengdu A new blockchain consortium is taking shape in China.

Source

Philippines’ Central Bank Issues Guidelines for Virtual Currency Exchanges

Bitcoin News

2017. Jun. 16. 17:00

Philippines’ Central Bank Issues Guidelines for Virtual Currency Exchanges

The BSP (Central Bank of the Philippines) has released official guidelines for the regulation of virtual currency exchanges. The statements emphasize the potential benefits of remittances, threats posed by money laundering, and the desire for the Philippine government to foster development in bitcoin businesses. Also Read: Bitcoin Regulatory Guidelines Are Coming to the Philippines It Is

The post Philippines’ Central Bank Issues Guidelines for Virtual Currency Exchanges appeared first on Bitcoin News.

Europe's IT Systems Agency Explores Blockchain At Industry Roundtable

CoinDesk

2017. Jun. 16. 15:30

Europe's IT Systems Agency Explores Blockchain At Industry Roundtable A European agency focused on IT interoperability discussed blockchain technology during a recent industry event.

Source

First Look: Bitcoin Scaling Proposal Segwit2x Gets Alpha Release

CoinDesk

2017. Jun. 16. 14:45

First Look: Bitcoin Scaling Proposal Segwit2x Gets Alpha Release The first code for bitcoin scaling proposal SegWit2x has been released for testing. Notably, it might be compatible with another proposal, BIP 148.

Source

Bitcoin Scaling Proposal Segwit2x Moves Ahead With Initial Code Release

CoinDesk

2017. Jun. 16. 14:45

Bitcoin Scaling Proposal Segwit2x Moves Ahead With Initial Code Release The first code for bitcoin scaling proposal SegWit2x has been released for testing. Notably, it might be compatible with another proposal, BIP 148.

Source

Initial Coin Offerings: Where the SEC Might Stand

CoinDesk

2017. Jun. 16. 14:00

Initial Coin Offerings: Where the SEC Might Stand Should purveyors of ICOs fear the long arm of US law? Legal experts cite a recent case that suggests the answer may be yes.

Source

Exchange-Traded Bitcoin Vehicle Announces Cold Storage Deal

CoinDesk

2017. Jun. 16. 13:01

Exchange-Traded Bitcoin Vehicle Announces Cold Storage Deal XBT Provider, a Swedish bitcoin investment company, has announced a new partnership with cryptocurrency storage startup Xapo.

Source

1 in 4 UK Drug Users Have Purchased Narcotics via Dark Web Marketplaces in the Last Year

Bitcoin News

2017. Jun. 16. 13:00

1 in 4 UK Drug Users Have Purchased Narcotics via Dark Web Marketplaces in the Last Year

According to London-based drug and alcohol research group, The Global Drug Survey (GDS), 25.3 percent of UK drug users have used anonymous markets hosted on the dark web to purchase illicit substances in the last year, a 7 percent increase from 2016’s figures. Also Read: Macransom Bitcoin Ransomware Attacks Apple Users European Nations See the Highest Adoption of

The post 1 in 4 UK Drug Users Have Purchased Narcotics via Dark Web Marketplaces in the Last Year appeared first on Bitcoin News.

PR: iDice: The Most Innovative Online Casino in History

Bitcoin News

2017. Jun. 16. 12:37

PR: iDice: The Most Innovative Online Casino in History

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. iDice will undoubtedly be the world’s first and leading mobile blockchain

The post PR: iDice: The Most Innovative Online Casino in History appeared first on Bitcoin News.

SEC Eyes Initial Coin Offerings for Regulatory Oversight

Bitcoin News

2017. Jun. 16. 12:00

SEC Eyes Initial Coin Offerings for Regulatory Oversight

The Securities and Exchange Commission is looking hard at Initial Coin Offerings. This information comes after SEC recently piped up, saying ICO’s need to protect their investors. The regulation agency may be getting more aggressive because cryptocurrencies are growing more visible and valuable. Regulators are especially concerned with “ICO’s. The reason is they lack transparency and oversight.  Also read: Remitano Expands Bitcoin Remittance Services

The post SEC Eyes Initial Coin Offerings for Regulatory Oversight appeared first on Bitcoin News.

TechCrunch Disrupt Seeks Startups For 'Blockchain Pavilion' in San Francisco

CoinDesk

2017. Jun. 16. 12:00

TechCrunch Disrupt Seeks Startups For 'Blockchain Pavilion' in San Francisco Popular media firm TechCrunch is seeking blockchain startups for its San Francisco 'Disrupt' conference.

Source

Markets Update: Bitcoin Sees Largest Dollar-Value Retracement in History

Bitcoin News

2017. Jun. 16. 11:29

Markets Update: Bitcoin Sees Largest Dollar-Value Retracement in History

Between the 12th and 15th of June, bitcoin lost approximately 30% of it’s value, seeing the largest dollar-value retracement across 4 days in bitcoin’s history of approximately $900 – $950 USD on both USD market leading exchanges Bitstamp and Bitfinex. The Past 7 Days Has Seen Bitcoin Experience Both Record-Breaking Price Gains, and Record-Breaking Price Losses

The post Markets Update: Bitcoin Sees Largest Dollar-Value Retracement in History appeared first on Bitcoin News.

As Crypto Markets See Slowing Growth, Traders Say Look Long

CoinDesk

2017. Jun. 16. 11:00

As Crypto Markets See Slowing Growth, Traders Say Look Long As the cryptocurrency markets show signs of cooling, traders are beginning to emphasize a return to long-term strategic bets.

Source

As Crypto Markets See Slowing Growth, Traders Look Long

CoinDesk

2017. Jun. 16. 11:00

As Crypto Markets See Slowing Growth, Traders Look Long As the cryptocurrency markets show signs of cooling, traders are beginning to emphasize a return to long-term strategic bets.

Source

Bitcoin.com to raise base mining payout to 120%

Bitcoin News

2017. Jun. 16. 10:00

Bitcoin.com to raise base mining payout to 120%

Bitcoin.com is happy to announce we are raising the base mining pool payout from 110% to 120%. We made this decision as a result of the unnecessary high fees due to the current block size limit, which has been supported by the Blockstream and Core teams. It is our hope that this issue is resolved

The post Bitcoin.com to raise base mining payout to 120% appeared first on Bitcoin News.

Crypto Fund AG Announces New Cryptocurrency Fund…But It’s No ETF

Bitcoin News

2017. Jun. 16. 09:20

Crypto Fund AG Announces New Cryptocurrency Fund…But It’s No ETF

Crypto Fund AG recently announced they are introducing the “world’s first diversified cryptocurrency fund”, which is touted as a legitimate investment outlet for professionals. The press release states that it is regulated and controlled. This provides it with more respectability and acceptance and transparency.  Also read: Macransom Bitcoin Ransomware Attacks Apple Users The CEO of Crypto

The post Crypto Fund AG Announces New Cryptocurrency Fund…But It’s No ETF appeared first on Bitcoin News.

Remitano Expands Bitcoin Remittance Services Into Nigeria, Kenya, and Tanzania

Bitcoin News

2017. Jun. 16. 01:00

Remitano Expands Bitcoin Remittance Services Into Nigeria, Kenya, and Tanzania

Cryptocurrency exchange Remitano has expanded beyond Asia to offer its bitcoin remittance services to millions of citizens in Africa. Also Read: Bitmari Becomes First Bitcoin Company to Partner With an African Commercial Bank Remitano Now Provides Remittance Services to More Than 10 Different Nations The remittance industry has been expected to suffer great disruption at the

The post Remitano Expands Bitcoin Remittance Services Into Nigeria, Kenya, and Tanzania appeared first on Bitcoin News.

Former People's Bank of China Official to Give Cryptocurrency Lecture

CoinDesk

2017. Jun. 15. 23:55

Former People's Bank of China Official to Give Cryptocurrency Lecture A former official of China's central bank is set to give a lecture on cryptocurrencies later this month.

Source

Global Bitcoin ATM Proliferation Nearly Doubled During May

Bitcoin News

2017. Jun. 15. 21:00

Global Bitcoin ATM Proliferation Nearly Doubled During May

The global proliferation of bitcoin ATMs nearly doubled during May when compared with April. The United States and Canada saw increases in the number of bitcoin ATMs by almost 8%, whilst Russia’s bitcoin ATM presence evaporated following the withdrawal of Bitlish. Also Read: South Korea to Dispose of 216 Bitcoins in First Public Auction  Coinatmradar

The post Global Bitcoin ATM Proliferation Nearly Doubled During May appeared first on Bitcoin News.

UK Finance Watchdog Adds More Blockchain Startups to Regulatory Sandbox

CoinDesk

2017. Jun. 15. 20:20

UK Finance Watchdog Adds More Blockchain Startups to Regulatory Sandbox One of the UK's top finance regulators is expanding its regulatory 'sandbox' to include more blockchain startups.

Source

The US Should Encourage Blockchain Investments, Says Former Defense Official

CoinDesk

2017. Jun. 15. 18:42

The US Should Encourage Blockchain Investments, Says Former Defense Official The US should promote investments in blockchain as part of a broader fight against cyberthreats, a former Defense Department official has said.

Source

US Should Encourage Blockchain Investments, Says Former Defense Official

CoinDesk

2017. Jun. 15. 18:42

US Should Encourage Blockchain Investments, Says Former Defense Official The US should promote investments in blockchain as part of a broader fight against cyberthreats, a former Defense Department official has said.

Source

Singapore Exchange to Trial Blockchain Verification for Diamond Trading

CoinDesk

2017. Jun. 15. 17:40

Singapore Exchange to Trial Blockchain Verification for Diamond Trading A diamond exchange service based in Singapore is partnering with two blockchain startups.

Source

Nepal Joins Cadre of Communist Countries Who Seek to Stifle Local Bitcoin Adoption

Bitcoin News

2017. Jun. 15. 17:30

Nepal Joins Cadre of Communist Countries Who Seek to Stifle Local Bitcoin Adoption

Nepal has emphasized the need to develop a legal framework for monitoring Bitcoin and other ‘informal channeling of funds’ during recent budget and tax announcements, joining a number of communist societies that are seeking to control the use of bitcoin. Also Read: Tealet is Decentralizing the Tea Industry with Bitcoin Nepal Hosts One of the World’s

The post Nepal Joins Cadre of Communist Countries Who Seek to Stifle Local Bitcoin Adoption appeared first on Bitcoin News.

PR: Blockchain-based TV Production 21 Million Project Hits ETH Funding Target, Reveals Advisory Board

Bitcoin News

2017. Jun. 15. 17:00

PR: Blockchain-based TV Production 21 Million Project Hits ETH Funding Target, Reveals Advisory Board

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. 15th June, London, UK. Having achieved critical mass by raising almost

The post PR: Blockchain-based TV Production 21 Million Project Hits ETH Funding Target, Reveals Advisory Board appeared first on Bitcoin News.

Sea of Red: Top 10 Cryptocurrencies See Steep Declines as Market Turns

CoinDesk

2017. Jun. 15. 16:30

Sea of Red: Top 10 Cryptocurrencies See Steep Declines as Market Turns Hours after traders reported taking steps to prepare for a correction, the global cryptocurrency market began to see declines Thursday.

Source

Blockchain Startup Circle Launches Fee-Free Cross Border Payments

CoinDesk

2017. Jun. 15. 16:00

Blockchain Startup Circle Launches Fee-Free Cross Border Payments Payments startup Circle is offering no-cost international transactions to its users, the company announced today.

Source

Digital Currency Regulations Coming Soon to Iran

Bitcoin News

2017. Jun. 15. 15:00

Digital Currency Regulations Coming Soon to Iran

After years with little to say about bitcoin, the Iranian government is reportedly just a few months away from passing proposed regulations for digital currencies. Also read: Court Rules Banks Can Legally Deny Service to Bitcoin Businesses in Israel The Proposal Iran’s National Center of Cyberspace (NCC) has drafted a proposal for regulating digital currencies, reported The Financial Tribune,

The post Digital Currency Regulations Coming Soon to Iran appeared first on Bitcoin News.

Game of Bluffs? With Bitmain Plan, Bitcoin Scaling Becomes Digital 'Missile Crisis'

CoinDesk

2017. Jun. 15. 15:00

Game of Bluffs? With Bitmain Plan, Bitcoin Scaling Becomes Digital 'Missile Crisis' In yet another turn to bitcoin's scaling debate, mining firm Bitmain says it would split the network should an upgrade known as 'BIP 148' activate.

Source

Game of Bluffs? With UAHF Plan, Bitcoin Scaling Becomes Digital 'Missile Crisis'

CoinDesk

2017. Jun. 15. 15:00

Game of Bluffs? With UAHF Plan, Bitcoin Scaling Becomes Digital 'Missile Crisis' In yet another turn to bitcoin's scaling debate, mining firm Bitmain says it would split the network should an upgrade known as 'BIP 148' activate.

Source

Game of Bluffs? With UAHF, Bitcoin Scaling Becomes Digital 'Missile Crisis'

CoinDesk

2017. Jun. 15. 15:00

Game of Bluffs? With UAHF, Bitcoin Scaling Becomes Digital 'Missile Crisis' In yet another turn to bitcoin's scaling debate, mining firm Bitmain says it would split the network should an upgrade known as 'BIP 148' activate.

Source

PR: Insurex Announce Crowdsale for Blockchain-Based Marketplace for Insurance Products

Bitcoin News

2017. Jun. 15. 14:00

PR: Insurex Announce Crowdsale for Blockchain-Based Marketplace for Insurance Products

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. 14 June, London, UK. Insurance blockchain startup InsureX has announced that

The post PR: Insurex Announce Crowdsale for Blockchain-Based Marketplace for Insurance Products appeared first on Bitcoin News.

Common Enemy? Swift Says Hackers Can Unite Banks and Blockchain Disruptors

CoinDesk

2017. Jun. 15. 14:00

Common Enemy? Swift Says Hackers Can Unite Banks and Blockchain Disruptors Live on stage yesterday, the CEO of Swift asked some hard-hitting questions of his members and one potential blockchain competitor regarding security.

Source

Swift CEO Says Hackers Can Unite Banks and Blockchain Disruptors

CoinDesk

2017. Jun. 15. 14:00

Swift CEO Says Hackers Can Unite Banks and Blockchain Disruptors Long a target of blockchain disruptors, the ultimate banking middleman, Swift, is looking to re-position itself as part of the fight against hackers.

Source

Florida Firm Triggers SEC Suspension with Cryptocurrency Claims

CoinDesk

2017. Jun. 15. 13:00

Florida Firm Triggers SEC Suspension with Cryptocurrency Claims A publicly traded Florida firm has attracted scrutiny from the SEC over its cryptocurrency launch claims.

Source

Bitcoin ETN Crosses $100 Million After Unprecedented Demand From Investors, Partners With Xapo

Bitcoin News

2017. Jun. 15. 12:30

Bitcoin ETN Crosses $100 Million After Unprecedented Demand From Investors, Partners With Xapo

The issuer of Europe’s only bitcoin-based exchange-traded notes (ETNs), XBT Provider, on Thursday announced that its assets under management (AUM) have doubled within the last 45 days to $100 million, due to “rapidly escalating” demand from investors. In addition, the Swedish-domiciled company has partnered with leading Bitcoin wallet and custodian Xapo. Also read: Britain’s Largest Broker

The post Bitcoin ETN Crosses $100 Million After Unprecedented Demand From Investors, Partners With Xapo appeared first on Bitcoin News.

South Korea to Dispose of 216 Bitcoins in First Public Auction

Bitcoin News

2017. Jun. 15. 12:00

South Korea to Dispose of 216 Bitcoins in First Public Auction

The South Korean government will hold its first public auction of bitcoins that were seized from criminal proceeds, according to local publications. In doing so, the economic value of bitcoin will be recognized by the country for the first time. Also read: Why South Korean Bitcoin Adoption Could Outpace Most Other Countries This Year Korean Government’s

The post South Korea to Dispose of 216 Bitcoins in First Public Auction appeared first on Bitcoin News.

Bitcoin Exchange Gemini Leverages Banking Charter in Washington State Launch

CoinDesk

2017. Jun. 15. 12:00

Bitcoin Exchange Gemini Leverages Banking Charter in Washington State Launch Bitcoin exchange Gemini took an unusual path to extending its services to Washington state customers this week.

Source

Traders Plan for Correction as Cryptocurrency Market Tops $100 Billion

CoinDesk

2017. Jun. 15. 11:00

Traders Plan for Correction as Cryptocurrency Market Tops $100 Billion As a boom in the cryptocurrency market shows signs of slowing, traders are taking defensive measures and hedging their bets.

Source

Traders Plan for Correction as Crypto Market Falls Below $100 Billion

CoinDesk

2017. Jun. 15. 11:00

Traders Plan for Correction as Crypto Market Falls Below $100 Billion As a boom in the cryptocurrency market shows signs of slowing, traders are taking defensive measures and hedging their bets.

Source

Bitmain Announces Hard Fork Protection Plan Against UASF

Bitcoin News

2017. Jun. 15. 09:00

Bitmain Announces Hard Fork Protection Plan Against UASF

On June 14 the Beijing-based bitcoin company Bitmain released a contingency plan for the upcoming so called user activated soft fork (UASF) that’s scheduled for August 1. The announcement details that if the UASF is attempted a protection plan called a user activated hard fork (UAHF) will be deployed. Also Read: Macransom Bitcoin Ransomware Attacks Apple

The post Bitmain Announces Hard Fork Protection Plan Against UASF appeared first on Bitcoin News.

Australian Opposition Leader Believes Bitcoin is Fueling Terrorism

Bitcoin News

2017. Jun. 15. 01:00

Australian Opposition Leader Believes Bitcoin is Fueling Terrorism

The left opposition leader of Australia, Bill Shorten, has indicated he wants to deter use of cryptocurrencies and bitcoin. The leader said this Tuesday in a house of representatives meeting. Shorten suggested that terrorists are starting to leverage dark markets and other nefarious venues to fuel their bad deeds.  Also read: The Hidden Reason Behind Bitcoin’s Increasing Fees: Darknet

The post Australian Opposition Leader Believes Bitcoin is Fueling Terrorism appeared first on Bitcoin News.

Bitquence Announces Crowd Sale for Crypto Wallet With Asset Management and Liquidity Network

Bitcoin News

2017. Jun. 15. 00:55

Bitquence Announces Crowd Sale for Crypto Wallet With Asset Management and Liquidity Network

This is a paid press release, which contains forward-looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Silicon Valley, California, 13 June. Cryptocurrency wallet provider Bitquence announced today that

The post Bitquence Announces Crowd Sale for Crypto Wallet With Asset Management and Liquidity Network appeared first on Bitcoin News.

PR: Bitquence Announces Crowd Sale for Crypto Wallet With Asset Management and Liquidity Network

Bitcoin News

2017. Jun. 15. 00:55

PR: Bitquence Announces Crowd Sale for Crypto Wallet With Asset Management and Liquidity Network

This is a paid press release, which contains forward-looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Silicon Valley, California, 13 June. Cryptocurrency wallet provider Bitquence announced today that

The post PR: Bitquence Announces Crowd Sale for Crypto Wallet With Asset Management and Liquidity Network appeared first on Bitcoin News.

US, Kenya, Singapore: AIG Completes Multinational Blockchain Insurance Test

CoinDesk

2017. Jun. 14. 23:00

US, Kenya, Singapore: AIG Completes Multinational Blockchain Insurance Test American insurance giant AIG has made what appears to be its first foray into blockchain, completing a trial with Standard Chartered today.

Source

Bitcoin Price Hits 10-Day Low As Crypto Markets Tumble

CoinDesk

2017. Jun. 14. 22:45

Bitcoin Price Hits 10-Day Low As Crypto Markets Tumble Bitcoin prices continued to edge lower after setting a new all-time high this weekend. Other cryptocurrencies saw a similar shift into the red today.

Source

MobileGo Token to Begin Trading on Bittrex Exchange Following Successful Crowdsale

Bitcoin News

2017. Jun. 14. 22:00

MobileGo Token to Begin Trading on Bittrex Exchange Following Successful Crowdsale

This is a paid press release, which contains forward-looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. LOS ANGELES, CA–(Jun 12, 2017) – MobileGo (https://mobilego.io/), the new Ethereum ERC

The post MobileGo Token to Begin Trading on Bittrex Exchange Following Successful Crowdsale appeared first on Bitcoin News.

PR: MobileGo Token to Begin Trading on Bittrex Exchange Following Successful Crowdsale

Bitcoin News

2017. Jun. 14. 22:00

PR: MobileGo Token to Begin Trading on Bittrex Exchange Following Successful Crowdsale

This is a paid press release, which contains forward-looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. LOS ANGELES, CA–(Jun 12, 2017) – MobileGo (https://mobilego.io/), the new Ethereum ERC

The post PR: MobileGo Token to Begin Trading on Bittrex Exchange Following Successful Crowdsale appeared first on Bitcoin News.

Australian Politician Calls for Bitcoin Scrutiny in Fight Against Terrorism

CoinDesk

2017. Jun. 14. 20:15

Australian Politician Calls for Bitcoin Scrutiny in Fight Against Terrorism A major Australian politician has called for increased scrutiny on bitcoin transactions as a means of combatting terrorism.

Source

Illinois Eases Burden for Cryptocurrency Startups with New Guidance

CoinDesk

2017. Jun. 14. 19:18

Illinois Eases Burden for Cryptocurrency Startups with New Guidance A major financial regulator in the state of Illinois has issued new guidance for startups working in the nascent blockchain sector.

Source

Morgan Stanley: `Regulators Need the Blockchain Master Keys´

Bitcoin News

2017. Jun. 14. 18:00

Morgan Stanley: `Regulators Need the Blockchain Master Keys´

Investment bank Morgan Stanley stated in a report they have been receiving many calls from people interested in investment opportunities with bitcoin and other cryptocurrencies. However, the bank implied bitcoin and its ecosystem would need to submit itself to regulation prior to seeing any future growth. They want regulators involved so the blockchain can be `adequately´

The post Morgan Stanley: `Regulators Need the Blockchain Master Keys´ appeared first on Bitcoin News.

Australian Politician Propose to Extend Anti-terrorism Regulations to Bitcoin

CoinDesk

2017. Jun. 14. 17:49

Australian Politician Propose to Extend Anti-terrorism Regulations to Bitcoin Australia's opposition leader Bill Shorten has suggested in a speech that governmental regulations to deny use of encryption to terrorists should also extend to Bitcoin.   Shorten, who leads the Australian Labor Party said in a speech to the House of Representatives on June 12 that: “We need to track and target terrorists as they […]

Source

Survey: Enthusiasm for Ethereum Hit an All-Time High in Q1

CoinDesk

2017. Jun. 14. 17:06

Survey: Enthusiasm for Ethereum Hit an All-Time High in Q1 CoinDesk highlights the results of a survey it conducted in Q1 on the state of the ethereum protocol and its sentiment among users.

Source

FINRA To Host Blockchain Event in New York Next Month

CoinDesk

2017. Jun. 14. 15:00

FINRA To Host Blockchain Event in New York Next Month FINRA, the self-regulatory organization for US brokers, has announced a new blockchain event and a fintech communications hub this week.

Source

Hyperledger Takes on Blockchain Scaling with New Working Group

CoinDesk

2017. Jun. 14. 14:00

Hyperledger Takes on Blockchain Scaling with New Working Group Hyperledger has launched a Performance and Scalability Working Group to build tools for measuring how blockchains cope with increasing popularity.

Source

Bolenum’s Project to Widen Cryptocurrency Adoption

Bitcoin News

2017. Jun. 14. 13:00

Bolenum’s Project to Widen Cryptocurrency Adoption

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. It is always nice to see projects attempting to better the

The post Bolenum’s Project to Widen Cryptocurrency Adoption appeared first on Bitcoin News.

Finance Firms Back New Blockchain Research Lab in Beijing

CoinDesk

2017. Jun. 14. 13:00

Finance Firms Back New Blockchain Research Lab in Beijing A Beijing-based equity exchange is partnering with a group of crowdfunding and VC firms on a new blockchain research lab.

Source

Macransom Bitcoin Ransomware Attacks Apple Users

Bitcoin News

2017. Jun. 14. 12:00

Macransom Bitcoin Ransomware Attacks Apple Users

Internet security experts are warning of new Mac-targeting viruses available for sale on the darknet. Also Read: Scam Alert Round-Up: We Grow Bitcoin, Ethereumchamber and Etherum Project Macransom Is Available for Purchase on the Darknet – Leading to Concerns About the Potential for the Virus to Spread Rapidly Bitcoin-based ransomware viruses have gained international attention following

The post Macransom Bitcoin Ransomware Attacks Apple Users appeared first on Bitcoin News.

Bitcoin Scaling: How to Give Everyone More Control

CoinDesk

2017. Jun. 14. 12:00

Bitcoin Scaling: How to Give Everyone More Control Jimmy Song of Paxos discusses bitcoin's scaling debate, arguing that adding sidechains to the protocol could ultimately provide the best path forward.

Source

Litecoin Foundation Reports 'No Issues' Since SegWit Activation

CoinDesk

2017. Jun. 14. 11:00

Litecoin Foundation Reports 'No Issues' Since SegWit Activation The litecoin cryptocurrency adopted an upgrade called Segregated Witness just over a month ago and, so far, things seem to be going smoothly.

Source

Thomson Reuters to Power Blockchain Contracts with Experimental Service

CoinDesk

2017. Jun. 14. 10:04

Thomson Reuters to Power Blockchain Contracts with Experimental Service Thomson Reuters bets on new revenue for its data from firms involved in blockchain consortia efforts, R3 and the Enterprise Ethereum Alliance.

Source

Localbitcoins Introduces New Fee Structure

Bitcoin News

2017. Jun. 14. 08:00

Localbitcoins Introduces New Fee Structure

In the face of rising Bitcoin network transaction fees, the premier over-the-counter exchange Localbitcoins is enacting several changes to their fee structure. The company aims to cover the higher fees by spreading the cost fairly among customers. Also read: Popular Demand Spurs Goldman Sachs to Start Covering Bitcoin  New Fee Structure Localbitcoins has introduced a new fee

The post Localbitcoins Introduces New Fee Structure appeared first on Bitcoin News.

PwC Principal: Cryptocurrencies Could Power New Economy

CoinDesk

2017. Jun. 14. 05:15

PwC Principal: Cryptocurrencies Could Power New Economy A keynote speech at a New York blockchain conference today saw a notable financial executive discuss the potential benefits of cryptocurrency.

Source

The Hidden Reason Behind Bitcoin’s Increasing Fees: Darknet Mixers

Bitcoin News

2017. Jun. 13. 23:10

The Hidden Reason Behind Bitcoin’s Increasing Fees: Darknet Mixers

Just recently a darknet marketplace (DNM) vendor who details he’s been involved with the bitcoin industry for five years, says the rising fee market is caused by marketplace mixers that process multiple transactions at a time. The vendor details that DNM sales using these mixers are forcing him and many others to pay for 50 transactions

The post The Hidden Reason Behind Bitcoin’s Increasing Fees: Darknet Mixers appeared first on Bitcoin News.

Goldman Sachs Strikes Bearish Note Amid Bitcoin's Price Highs

CoinDesk

2017. Jun. 13. 21:00

Goldman Sachs Strikes Bearish Note Amid Bitcoin's Price Highs Wall Street banking giant Goldman Sachs warned its clients that the bitcoin market may be headed for bearish territory.

Source

Bitcoin Developers Publish BIP For 'Dandelion' Privacy Project

CoinDesk

2017. Jun. 13. 19:35

Bitcoin Developers Publish BIP For 'Dandelion' Privacy Project Researchers looking to beef up bitcoin’s privacy features have released a new proposal on GitHub.

Source

CrypViser and ChronoBank – Efficient Collaboration

Bitcoin News

2017. Jun. 13. 19:00

CrypViser and ChronoBank – Efficient Collaboration

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. On the 7th of July 2017, the innovative encrypted messenger CrypViser

The post CrypViser and ChronoBank – Efficient Collaboration appeared first on Bitcoin News.

Vermont Approves Blockchain Impact Study

CoinDesk

2017. Jun. 13. 18:35

Vermont Approves Blockchain Impact Study The governor of Vermont has signed a bill that mandates a study on how blockchain tech will impact the state.

Source

Exchanges Kraken, Coinbase, Gdax and Poloniex Repeatedly Overloaded During Big Price Movements

Bitcoin News

2017. Jun. 13. 18:00

Exchanges Kraken, Coinbase, Gdax and Poloniex Repeatedly Overloaded During Big Price Movements

After testing $3000 USD, bitcoin entered a sharp retracement which saw several major bitcoin exchanges experience significant technical difficulties. Also Read: Poloniex Suffers Attacks Seeing 600% More Active Traders in 2017 The Problems Experienced by Exchanges May Have Contributed to the Intensity of Yesterday’s Crash All eyes have been on bitcoin in recent days, as btc

The post Exchanges Kraken, Coinbase, Gdax and Poloniex Repeatedly Overloaded During Big Price Movements appeared first on Bitcoin News.

Exchanges Repeatedly Overloaded During Big Price Movements

Bitcoin News

2017. Jun. 13. 18:00

Exchanges Repeatedly Overloaded During Big Price Movements

After testing $3000 USD, bitcoin entered a sharp retracement which saw several major bitcoin exchanges experience significant technical difficulties. Also Read: Poloniex Suffers Attacks Seeing 600% More Active Traders in 2017 The Problems Experienced by Exchanges May Have Contributed to the Intensity of Yesterday’s Crash All eyes have been on bitcoin in recent days, as btc

The post Exchanges Repeatedly Overloaded During Big Price Movements appeared first on Bitcoin News.

Wanted: Police Seek Six OneCoin Promoters in India

CoinDesk

2017. Jun. 13. 17:30

Wanted: Police Seek Six OneCoin Promoters in India India is looking to arrest six more people connected to the OneCoin digital currency scheme.

Source

BIP 148 + SegWit2x? A Bitcoin Scaling Compromise Might Not Be So Easy

CoinDesk

2017. Jun. 13. 16:30

BIP 148 + SegWit2x? A Bitcoin Scaling Compromise Might Not Be So Easy Popular bitcoin scaling solutions BIP148 and SegWit2x aren't compatible, but should they be to avoid a network split?

Source

Kazakhstan's Central Bank Tests Blockchain App for Debt Sales

CoinDesk

2017. Jun. 13. 15:30

Kazakhstan's Central Bank Tests Blockchain App for Debt Sales The central bank of Kazakhstan has revealed it is looking to harness blockchain tech to sell short-term notes to investors.

Source

Civic's ICO Pre-Sale Sells Out, But Crowd to Get Second Chance

CoinDesk

2017. Jun. 13. 14:30

Civic's ICO Pre-Sale Sells Out, But Crowd to Get Second Chance Decentralized identity startup Civic has already sold out of its planned token offering – even before the sale took place.

Source

Civic's ICO Sells Out Before Sale, But Crowd to Get Second Chance

CoinDesk

2017. Jun. 13. 14:30

Civic's ICO Sells Out Before Sale, But Crowd to Get Second Chance Decentralized identity startup Civic has already sold out of its planned token offering – even before the sale took place.

Source

Investors are Swarming to Buy the iDice ICO: Here’s Why.

Bitcoin News

2017. Jun. 13. 14:00

Investors are Swarming to Buy the iDice ICO: Here’s Why.

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. iDice is the world’s first mobile gambling platform that offers support

The post Investors are Swarming to Buy the iDice ICO: Here’s Why. appeared first on Bitcoin News.

Europe's Executive Arm Launches New Blockchain Study Group

CoinDesk

2017. Jun. 13. 13:31

Europe's Executive Arm Launches New Blockchain Study Group The European Commission is launching a new blockchain research project focused on non-financial applications of the tech.

Source

Russian Central Bank Group Prepares 'Masterchain' Ethereum Fork for Testing

CoinDesk

2017. Jun. 13. 12:00

Russian Central Bank Group Prepares 'Masterchain' Ethereum Fork for Testing Russia's financial incumbents are moving ahead with work on a new distributed ledger platform designed for enterprise use.

Source

Popular Demand Spurs Goldman Sachs to Start Covering Bitcoin

Bitcoin News

2017. Jun. 13. 12:00

Popular Demand Spurs Goldman Sachs to Start Covering Bitcoin

After numerous client requests, Goldman Sachs has reportedly started covering bitcoin. The firm released a report on Monday with a bearish outlook for the digital currency. Also read: Hedge Funds Are Quietly Investing in Bitcoin ‘Due to Popular Demand’ Bitcoin.com recently reported on hedge funds quietly investing in bitcoin. An article by Zero Hedge on Monday confirms

The post Popular Demand Spurs Goldman Sachs to Start Covering Bitcoin appeared first on Bitcoin News.

Dentacoin: The First Blockchain Concept for the Global Dental Industry With an Exclusive Hard-Capped Presale

Bitcoin News

2017. Jun. 13. 11:55

Dentacoin: The First Blockchain Concept for the Global Dental Industry With an Exclusive Hard-Capped Presale

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Dentacoin (DCN) is a new Ethereum-based token, customized for the Global

The post Dentacoin: The First Blockchain Concept for the Global Dental Industry With an Exclusive Hard-Capped Presale appeared first on Bitcoin News.

United Nations Sends Aid to 10,000 Syrian Refugees Using Ethereum Blockchain

CoinDesk

2017. Jun. 13. 11:00

United Nations Sends Aid to 10,000 Syrian Refugees Using Ethereum Blockchain UN food aid has been issued to thousands of Syrian refugees, signaling success for one of the largest charitable implementations of ethereum.

Source

Delaware Blockchain Stock Bill Advances Ahead of Major Deadline

CoinDesk

2017. Jun. 13. 10:15

Delaware Blockchain Stock Bill Advances Ahead of Major Deadline Delaware has moved a step closer toward enshrining a recognition of blockchain-based stocks in state law.

Source

Hong Kong and Australia's Securities Regulators Strike FinTech Agreement

CoinDesk

2017. Jun. 13. 09:52

Hong Kong and Australia's Securities Regulators Strike FinTech Agreement A new fintech agreement in the Asia-Pacific region could ease collaborative burdens for blockchain and distributed ledger startups.

Source

The #Flippening: Will Ether 'Pass' Bitcoin And What Would It Mean?

CoinDesk

2017. Jun. 13. 02:15

The #Flippening: Will Ether 'Pass' Bitcoin And What Would It Mean? Will ether's market capitalization surpass bitcoin's? Market analysts weigh in on a market trend that could mark a historic shift in the sector.

Source

The Rise of Digital Money Has Exploded Since Bitcoin’s Creation

Bitcoin News

2017. Jun. 13. 01:00

The Rise of Digital Money Has Exploded Since Bitcoin’s Creation

Bitcoin changed the landscape of digital money when it was introduced to the world in 2009, and was followed by many other types of cryptocurrencies. Now bitcoin and the over 800 copycats (so called altcoins) have reached a very large market valuation of $110 billion. Let’s take a look at how this emerging digital assets landscape began

The post The Rise of Digital Money Has Exploded Since Bitcoin’s Creation appeared first on Bitcoin News.

Indian Banks Select Microsoft As Exclusive Cloud Blockchain Provider

CoinDesk

2017. Jun. 12. 21:15

Indian Banks Select Microsoft As Exclusive Cloud Blockchain Provider A group of India-based banks have struck a new strategic partnership with US tech giant Microsoft.

Source

Bitmari Becomes First Bitcoin Company to Partner With an African Commercial Bank

Bitcoin News

2017. Jun. 12. 21:00

Bitmari Becomes First Bitcoin Company to Partner With an African Commercial Bank

Bitmari, the largest pan-African wallet provider, is making history by partnering with the Zimbabwe Bank of Agriculture to integrate bitcoin into their products. Also Read: Increased South African Bitcoin Adoption Highlights Need For Taxation Clarity  Bitmari Has Applied for an International Remittance License With the Reserve Bank of Zimbabwe Africa is well documented as the

The post Bitmari Becomes First Bitcoin Company to Partner With an African Commercial Bank appeared first on Bitcoin News.

$150 Million: Tim Draper-Backed Bancor Completes Largest-Ever ICO

CoinDesk

2017. Jun. 12. 19:45

$150 Million: Tim Draper-Backed Bancor Completes Largest-Ever ICO The initial coin offering (ICO) for the Bancor project has collected more than $150mm worth of ethers at then-current prices.

Source

UAE’s Emirates Islamic Bank Launches Blockchain Check Service

CoinDesk

2017. Jun. 12. 18:05

UAE’s Emirates Islamic Bank Launches Blockchain Check Service Emirates Islamic Bank, part of the wider Emirates NBD group, is formally integrating blockchain into its paper checks. The launch of “Cheque Chain”, announced today, comes months after Emirates NBD tested the feature in conjunction with the central bank of the United Arab Emirates. The banking group began testing the tech in a bid to […]

Source

CryptoPing Announces Subscription-Based Services and Adds Trading Analysis of Yobit Exchange.

Bitcoin News

2017. Jun. 12. 17:00

CryptoPing Announces Subscription-Based Services and Adds Trading Analysis of Yobit Exchange.

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. CryptoPing’s new subscription-based services will be available soon after the ICO

The post CryptoPing Announces Subscription-Based Services and Adds Trading Analysis of Yobit Exchange. appeared first on Bitcoin News.

Coin Center to Lawmakers: Blockchain Startups Are Best Advised to Leave US

CoinDesk

2017. Jun. 12. 17:00

Coin Center to Lawmakers: Blockchain Startups Are Best Advised to Leave US A recent Congressional hearing saw the non-profit blockchain advocacy group Coin Center call for a federal approach to money services licensure.

Source

Bitcoin Price Flips Downward After Almost Reaching $3,000

Bitcoin News

2017. Jun. 12. 16:47

Bitcoin Price Flips Downward After Almost Reaching $3,000

The price of bitcoin has been surging over the weekend almost touching $3000 per BTC on Sunday, June 11 across most global exchanges. The following day roughly around 6:30 am bitcoin’s price took a steep decline dropping to a low of $2700 but has since bounced back a touch after the dip. Also Read: Russian

The post Bitcoin Price Flips Downward After Almost Reaching $3,000 appeared first on Bitcoin News.

Advertising Trade Group to Use Ethereum Tokens in Fight Against Online Fraud

CoinDesk

2017. Jun. 12. 15:59

Advertising Trade Group to Use Ethereum Tokens in Fight Against Online Fraud Digital advertising group DMA has announced the launch adChain, an ethereum-based solution for online marketers.

Source

Hyperledger Releases Beta Version of Fabric Blockchain

CoinDesk

2017. Jun. 12. 15:01

Hyperledger Releases Beta Version of Fabric Blockchain One of the main blockchain initiatives within the Linux Foundation-led Hyperledger project has passed a key development milestone.

Source

Coinbase to Face Trial over Possible Role in Cryptsy Exchange Collapse

CoinDesk

2017. Jun. 12. 14:07

Coinbase to Face Trial over Possible Role in Cryptsy Exchange Collapse A growing legal dispute between the customers of now-defunct cryptocurrency exchange Cryptsy and digital currency startup Coinbase is moving ahead.

Source

Bitcoin Drops $300 in One Hour as Price Falls Abruptly and Rebounds

CoinDesk

2017. Jun. 12. 13:00

Bitcoin Drops $300 in One Hour as Price Falls Abruptly and Rebounds The price of bitcoin saw renewed volatility today, just hours after setting a new all-time high above the $3,000 mark.

Source

Japan’s Largest Online Travel Agent Bringing Bitcoin to 1400+ Hotels This Summer

Bitcoin News

2017. Jun. 12. 12:00

Japan’s Largest Online Travel Agent Bringing Bitcoin to 1400+ Hotels This Summer

The bitcoin exchange Bitpoint has partnered with Japan’s largest online travel agent Evolable Asia to bring bitcoin payments and exchange services to over 1,400 hotels and inns across Japan this summer. Also read: Japan’s Bitpoint to Add Bitcoin Payments to 100,000+ Stores Bitcoin Coming to 1400+ Accommodation Facilities Bitpoint, a subsidiary of the publicly traded conglomerate Remixpoint, last

The post Japan’s Largest Online Travel Agent Bringing Bitcoin to 1400+ Hotels This Summer appeared first on Bitcoin News.

R3's Distributed Ledger Software Corda Enters Public Beta

CoinDesk

2017. Jun. 12. 12:00

R3's Distributed Ledger Software Corda Enters Public Beta Consortium startup R3 is moving ahead with development of its distributed ledger software Corda, which has now entered beta.

Source

R3's DLT Software Corda Enters Public Beta

CoinDesk

2017. Jun. 12. 12:00

R3's DLT Software Corda Enters Public Beta Consortium startup R3 is moving ahead with development of its distributed ledger software Corda, which has now entered beta.

Source

Bitcoin, Ethereum and a New Direction for Cryptocurrency Investment

CoinDesk

2017. Jun. 12. 10:40

Bitcoin, Ethereum and a New Direction for Cryptocurrency Investment Could there be an asset reallocation ongoing in the crypto sector? That's one possible takeaway from CoinDesk's recent State of Blockchain report.

Source

Bitcoin Mines in Chinese Province Sichuan Allegedly Forced to Shut Down

Bitcoin News

2017. Jun. 12. 07:37

Bitcoin Mines in Chinese Province Sichuan Allegedly Forced to Shut Down

Reports have emerged detailing the alleged forceful cessation of large-scale bitcoin mines in China’s southwest, with insiders quoting a lack of state-sanctioned regulatory policy regarding cryptocurrency mining as the official reasoning cited for such. Also Read: Russian Government To Introduce KYC Guidelines For Cryptocurrency Purchases The Closures Come at a Critical Moment for Mining Businesses,

The post Bitcoin Mines in Chinese Province Sichuan Allegedly Forced to Shut Down appeared first on Bitcoin News.

As Bitcoin’s Price Rises Security Shouldn’t Be Taken for Granted

Bitcoin News

2017. Jun. 12. 01:00

As Bitcoin’s Price Rises Security Shouldn’t Be Taken for Granted

Recently there have been numerous reports of people losing their bitcoins to hackers and malware as bitcoin’s price continues to grow in value. It is safe to assume that organizations and individuals trying to steal people’s bitcoin reserves will persistently increase because the decentralized cryptocurrency becomes more valuable to thieves. Also read: Rising Network Fees Are

The post As Bitcoin’s Price Rises Security Shouldn’t Be Taken for Granted appeared first on Bitcoin News.

Bitcoin Price Crosses $3,000 Milestone to Set New All-Time High

CoinDesk

2017. Jun. 11. 19:50

Bitcoin Price Crosses $3,000 Milestone to Set New All-Time High The price of bitcoin hit a new all-time high today, rising above $3,000 for the first time on the CoinDesk Bitcoin Price Index.

Source

Court Rules Banks Can Legally Deny Service to Bitcoin Businesses in Israel

Bitcoin News

2017. Jun. 11. 18:00

Court Rules Banks Can Legally Deny Service to Bitcoin Businesses in Israel

A recent trial in the Tel Aviv district court ruled in favor of a large bank which dropped a bitcoin exchange as a client, despite the exchange following all of the proper anti-money laundering (AML) and know your customer (KYC) requirements. Also read: Considering Bitcoin An Asset Could Set Back Adoption in Israel Court Ruled in

The post Court Rules Banks Can Legally Deny Service to Bitcoin Businesses in Israel appeared first on Bitcoin News.

New Bitcoin.com Podcast Episode with Charlie Shrem and Anthony Di Iorio of Jaxx

Bitcoin News

2017. Jun. 11. 16:59

New Bitcoin.com Podcast Episode with Charlie Shrem and Anthony Di Iorio of Jaxx

This week Bitcoin.com’s podcast host Richard Jacobs talks with the ‘bitcoin folk hero’ Charlie Shrem, and the Jaxx Wallet founder and CEO Anthony Di Iorio.   Also read: Bitcoin.com Podcast Episode with Stephen Pair of Bitpay Charlie Shrem a is well-known entrepreneur in the cryptocurrency space, known for running the company Bitinstant during bitcoin’s early

The post New Bitcoin.com Podcast Episode with Charlie Shrem and Anthony Di Iorio of Jaxx appeared first on Bitcoin News.

3 Reasons the Global Cryptocurrency Exchange Market is Maturing

CoinDesk

2017. Jun. 11. 12:45

3 Reasons the Global Cryptocurrency Exchange Market is Maturing CoinDesk Research looks at the major shifts in the composition of bitcoin, ethereum and other exchange traded volume in Q1 and the weeks since.

Source

3 Reasons the Cryptocurrency Exchange Market Is Maturing

CoinDesk

2017. Jun. 11. 12:45

3 Reasons the Cryptocurrency Exchange Market Is Maturing CoinDesk Research looks at the major shifts in the composition of bitcoin, ethereum and other exchange traded volume in Q1 and the weeks since.

Source

3 Signs the Cryptocurrency Exchange Market Is Maturing

CoinDesk

2017. Jun. 11. 12:45

3 Signs the Cryptocurrency Exchange Market Is Maturing CoinDesk Research looks at the major shifts in the composition of bitcoin, ethereum and other exchange traded volume in Q1 and the weeks since.

Source

Charlie Lee Resigns From Coinbase to Focus on Litecoin

Bitcoin News

2017. Jun. 11. 12:00

Charlie Lee Resigns From Coinbase to Focus on Litecoin

Founder of Litecoin, Charlie Lee, tweeted Friday that he will no longer be working for Coinbase. He is leaving the company to focus on his brainchild creation, Litecoin. This news comes as a welcome surprise to the Litecoin community, who are entering into a new stage of maturation, as they recently elected to activate segregated witness.

The post Charlie Lee Resigns From Coinbase to Focus on Litecoin appeared first on Bitcoin News.

The Legal Future of Cryptocurrencies in Brazil

CoinDesk

2017. Jun. 11. 10:00

The Legal Future of Cryptocurrencies in Brazil A legal expert argues that attempts to regulate Brazil's cryptocurrency industry at this stage are misguided, but likely wont change much, if passed.

Source

Hedge Funds Are Quietly Investing in Bitcoin

Bitcoin News

2017. Jun. 11. 09:00

Hedge Funds Are Quietly Investing in Bitcoin

Bitcoin’s price has gained over 180 percent this year, while hedge funds have only returned 3.5 percent on average. Most hedge fund managers have stayed away from bitcoin. However, the few that have included it are significantly outperforming their peers. Also read: Bitcoin Bubble? Analysis Suggests More Room to Grow Average Hedge Funds Return 3.5% This

The post Hedge Funds Are Quietly Investing in Bitcoin appeared first on Bitcoin News.

Russian Government To Introduce KYC Guidelines For Cryptocurrency Purchases

Bitcoin News

2017. Jun. 10. 23:43

Russian Government To Introduce KYC Guidelines For Cryptocurrency Purchases

The Russian Ministry of Finance has announced its intention to introduce KYC guidelines for cryptocurrency purchases, amidst increased user adoption across BRICS nations. Also Read: Russian President Vladimir Putin Discusses Using Ethereum with Vitalik Buterin Russia Has Come a Long Way in Recent Months With Regards to Its Regulatory Position on Cryptocurrencies The move in favor

The post Russian Government To Introduce KYC Guidelines For Cryptocurrency Purchases appeared first on Bitcoin News.

Enigma Project Announces ‘Catalyst’ a Decentralized Hedge Fund Platform

Bitcoin News

2017. Jun. 10. 17:30

Enigma Project Announces ‘Catalyst’ a Decentralized Hedge Fund Platform

On June 6 the MIT Media Lab graduates who created Project Enigma announced a new platform called ‘Catalyst.’ The financial application claims to “empower anyone” to build their own decentralized cryptocurrency hedge fund. Also read: Indospace Allows Cannabis Merchants to Accept Bitcoin Effortlessly Enigma Project Announces ‘Catalyst’ a Peer-to-Peer and Trustless Hedge Fund Platform    Enigma is

The post Enigma Project Announces ‘Catalyst’ a Decentralized Hedge Fund Platform appeared first on Bitcoin News.

Striking Twice? Lightning's Joseph Poon Takes On Ethereum Exchange Project

CoinDesk

2017. Jun. 10. 13:30

Striking Twice? Lightning's Joseph Poon Takes On Ethereum Exchange Project Lightning's Joseph Poon is now building an ethereum-based decentralized exchange in an effort to eliminate third parties from trades.

Source

Orocrypt; The Ethereum Blockchain Meeting the Precious Metals

Bitcoin News

2017. Jun. 10. 13:00

Orocrypt; The Ethereum Blockchain Meeting the Precious Metals

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Orocrypt; a Panama-based blockchain platform created by a team with members

The post Orocrypt; The Ethereum Blockchain Meeting the Precious Metals appeared first on Bitcoin News.

Headwinds or Tailwinds? How US Tax Reform Could Impact Bitcoin's Price

CoinDesk

2017. Jun. 10. 12:30

Headwinds or Tailwinds? How US Tax Reform Could Impact Bitcoin's Price Are headwinds or tailwinds for bitcoin's price in store? That depends on Washington's ability to reform corporate tax.

Source

US Lawmakers Urged to Take Action Against Unlicensed Offshore Bitcoin Exchanges

Bitcoin News

2017. Jun. 10. 12:00

US Lawmakers Urged to Take Action Against Unlicensed Offshore Bitcoin Exchanges

US lawmakers have been urged to take action against unlicensed offshore bitcoin exchanges, following a subcommittee hearing within the House of Representatives. The hearing, “Virtual Currency: Financial Innovation and National Security Implications”, is being hosted by the Terrorism and Illicit Finance Subcommittee. Also Read: Financial Analyst Andy Hoffman Says We Should Be Thankful for Bitcoin

The post US Lawmakers Urged to Take Action Against Unlicensed Offshore Bitcoin Exchanges appeared first on Bitcoin News.

Scandinavian Investor Pivots: Sells All Stocks and Buys Bitcoin

Bitcoin News

2017. Jun. 10. 10:01

Scandinavian Investor Pivots: Sells All Stocks and Buys Bitcoin

With the bitcoin price point on the upswing, investors are negotiating opportunities to take advantage of its momentum. This is exactly the pivot Norwegian investor Kristoffer Hansen made. He sold all his stock shares and bought up bitcoin. This move landed him on Friday’s cover of the national newspaper, Dagens Næringsliv.  Also read: Sweden Sees Record Trading Volume

The post Scandinavian Investor Pivots: Sells All Stocks and Buys Bitcoin appeared first on Bitcoin News.

Bitcoin Bubble? Analysis Suggests More Room to Grow

Bitcoin News

2017. Jun. 10. 01:00

Bitcoin Bubble? Analysis Suggests More Room to Grow

With all the media attention and the skyrocketing price of bitcoin of late, it is common to hear that bitcoin is in a bubble. However, some analysts disagree, offering reasons why the digital currency has more room to grow. Also read: Are Asian Markets Creating a Bitcoin Price Bubble? Some Say Bitcoin Is in a Bubble

The post Bitcoin Bubble? Analysis Suggests More Room to Grow appeared first on Bitcoin News.

Google's Director of Engineering Won't Invest in Bitcoin

CoinDesk

2017. Jun. 09. 23:40

Google's Director of Engineering Won't Invest in Bitcoin Google's director of engineering, Ray Kurzweil, says he wouldn't buy bitcoin because it's too unstable, but he has high hopes for blockchain.

Source

Rising Network Fees Are Causing Changes Within the Bitcoin Economy

Bitcoin News

2017. Jun. 09. 19:00

Rising Network Fees Are Causing Changes Within the Bitcoin Economy

Bitcoin’s value has grown significantly this year making people’s digital asset holdings worth quite a bit these days. Alongside this, bitcoin mining fees have swelled almost in unison with the price rise and some people have been paying an average of $3-4 per transaction. The rising fees continue to cause concern for bitcoin proponents and

The post Rising Network Fees Are Causing Changes Within the Bitcoin Economy appeared first on Bitcoin News.

Russia Likely to Mandate Identity Checks for Bitcoin Purchases

CoinDesk

2017. Jun. 09. 18:10

Russia Likely to Mandate Identity Checks for Bitcoin Purchases Russia’s deputy finance minister said this week that cryptocurrency purchasers will be required to prove their identity under forthcoming regulations.

Source

US State Department Forms New Blockchain Working Group

CoinDesk

2017. Jun. 09. 17:34

US State Department Forms New Blockchain Working Group The US State Department is looking to boost its research resources in support of a new working group focused on blockchain.

Source

Dubai Plans Digital Passports Using Blockchain Tech

CoinDesk

2017. Jun. 09. 16:05

Dubai Plans Digital Passports Using Blockchain Tech The Dubai government has partnered with UK startup ObjectTech to bring blockchain-based security to the emirate's airport.

Source

Sweden Sees Record Trading Volume as MP Sundin Joins Bitcoin Exchange BTCX

Bitcoin News

2017. Jun. 09. 15:45

Sweden Sees Record Trading Volume as MP Sundin Joins Bitcoin Exchange BTCX

The Swedish Bitcoin markets have emphatically responded to Mathias Sundin, the world’s only elected politician to accept campaign donations exclusively in Bitcoin, assuming the position of Chairman of The Board with Sweden’s largest Bitcoin exchange, BTCX. Also Read: ETF Blues? Check These Alternative Exchange-Traded Bitcoin-Backed Instruments The Surge In Localbitcoins Trading Volume Can Be Interpreted

The post Sweden Sees Record Trading Volume as MP Sundin Joins Bitcoin Exchange BTCX appeared first on Bitcoin News.

3,000% Gains in 2017: What's Next for Ether Prices?

CoinDesk

2017. Jun. 09. 15:00

3,000% Gains in 2017: What's Next for Ether Prices? Ether prices have surged this year, but where do leading analysts and market observers believe they will go next?

Source

Bitcoin Experts to Congress: Overseas Exchanges Are Enabling Cybercrime

CoinDesk

2017. Jun. 09. 14:00

Bitcoin Experts to Congress: Overseas Exchanges Are Enabling Cybercrime A hearing at US congressional subcommittee yesterday saw discussion of the role cryptocurrencies play in cybercrime.

Source

ICO Investments Pass VC Funding in Blockchain Market First

CoinDesk

2017. Jun. 09. 13:00

ICO Investments Pass VC Funding in Blockchain Market First CoinDesk data suggests that entrepreneurs in the blockchain industry are now raising more money via initial coin offerings than traditional VC rounds.

Source

US Army Guardsmen Convicted For Bitcoin Credit Card Fraud

CoinDesk

2017. Jun. 09. 12:00

US Army Guardsmen Convicted For Bitcoin Credit Card Fraud Two members of the US Army National Guard have been convicted of running a credit card fraud scheme involving bitcoin.

Source

Indospace Allows Cannabis Merchants to Accept Bitcoin Effortlessly

Bitcoin News

2017. Jun. 09. 11:55

Indospace Allows Cannabis Merchants to Accept Bitcoin Effortlessly

This week Bitcoin.com spoke with Justin Nahin, the founder of Indospace, a payment platform startup connecting cannabis dispensaries with bitcoin. Also read: Bitcoin Price Skyrockets — Touches $2860 Across Global Exchanges Indospace.io is the first online payment solution that incorporates a dispensary’s updated menu with a bitcoin checkout. The company is a white label bitcoin payment platform that

The post Indospace Allows Cannabis Merchants to Accept Bitcoin Effortlessly appeared first on Bitcoin News.

Swedish Government Utility Trials Blockchain Energy Transfers

CoinDesk

2017. Jun. 09. 11:00

Swedish Government Utility Trials Blockchain Energy Transfers The trading branch of Vattenfall, a leading Swedish power company wholly owned by the government, is testing a blockchain trading platform.

Source

Canadian Government Agencies Join Tapscott-Led Blockchain Research Effort

CoinDesk

2017. Jun. 09. 10:30

Canadian Government Agencies Join Tapscott-Led Blockchain Research Effort The government of Canada has joined a blockchain research effort launched earlier this year by two prominent industry authors.

Source

Scam Alert Round-Up: We Grow Bitcoin, Ethereumchamber and Ethereum Project

Bitcoin News

2017. Jun. 09. 08:35

Scam Alert Round-Up: We Grow Bitcoin, Ethereumchamber and Ethereum Project

Accusations has surfaced suggesting that the two MLM projects “We Grow Bitcoin” and “Ethereum Project” as well as the ERC20-token wallet service provider “Ethereumchamber” are outright scams – among many others. Also Read: Garza Fined $12 Million by SEC for GAW Mining and Zenmining Ponzi Schemes We Grow Bitcoin and Ethereum Project Promises Profits and Philantrophy Earlier

The post Scam Alert Round-Up: We Grow Bitcoin, Ethereumchamber and Ethereum Project appeared first on Bitcoin News.

Experienced Blockchain Developers Demand Big Salaries

Bitcoin News

2017. Jun. 09. 04:00

Experienced Blockchain Developers Demand Big Salaries

As cryptocurrency solutions and distributed ledger technology grow more popular, many fintech startups, consultancy firms, and legacy financial institutions are looking for blockchain specialists. According to reports blockchain developers and qualified cryptocurrency engineers see the demand for their talents and are asking for salaries of over £250,000 and £500,000. Also read: India’s Government Divided Over Bitcoin

The post Experienced Blockchain Developers Demand Big Salaries appeared first on Bitcoin News.

Financial Analyst Andy Hoffman Says We Should Be Thankful for Bitcoin

Bitcoin News

2017. Jun. 08. 22:30

Financial Analyst Andy Hoffman Says We Should Be Thankful for Bitcoin

This week the financial analyst and precious metals proponent Andy Hoffman spoke with Greg Hunter from USAwatchdog.com concerning his opinion about the decline of our global economy. During the interview, Hoffman talked about the rise of cryptocurrencies and why he thinks bitcoin might be a game changer for the world. Also read: Japan’s Bitpoint to

The post Financial Analyst Andy Hoffman Says We Should Be Thankful for Bitcoin appeared first on Bitcoin News.

Libertarian Party Blasts Government Case Against Bitcoin Trader

CoinDesk

2017. Jun. 08. 21:50

Libertarian Party Blasts Government Case Against Bitcoin Trader The US Libertarian Party sharply criticizing the sentencing of a bitcoin trader on an unlawful money transmission charge this week.

Source

Chinese Regulators Expected to Release Bitcoin Exchange Rules This Month

CoinDesk

2017. Jun. 08. 19:23

Chinese Regulators Expected to Release Bitcoin Exchange Rules This Month China’s central bank is reportedly expected to release new rules for bitcoin exchanges later this month.

Source

China's Banking Regulators Push for Blockchain Securities Rules

CoinDesk

2017. Jun. 08. 19:01

China's Banking Regulators Push for Blockchain Securities Rules The Chinese securities market needs new rules focused on blockchain in order to ward off potential risks, according to a new paper.

Source

€7 Million: Blockchain Startup Stratumn Completes Series A

CoinDesk

2017. Jun. 08. 17:59

€7 Million: Blockchain Startup Stratumn Completes Series A Blockchain startup Stratumn has raised €7m in a new Series A round as part of a bid to expand to new markets.

Source

Contraction of Total Cryptocurrency Market Cap May Be Inevitable

Bitcoin News

2017. Jun. 08. 17:00

Contraction of Total Cryptocurrency Market Cap May Be Inevitable

The total market capitalization of all cryptocurrency markets has exceeded $100 billion USD following bitcoin’s recent establishment of new all-time price highs, in tandem with dramatic value increases in most altcoins. Also Read: Bitcoin Markets Increasingly Reflect Global Transition Towards ‘The Asian Century’ The Total Cryptocurrency Market Capitalization Has Now Surpassed Major Companies Such As Ford

The post Contraction of Total Cryptocurrency Market Cap May Be Inevitable appeared first on Bitcoin News.

Charts: Bitcoin's Network is Objectively More Congested Than Ever

CoinDesk

2017. Jun. 08. 16:15

Charts: Bitcoin's Network is Objectively More Congested Than Ever CoinDesk's research team takes a look at the changing economics of the bitcoin blockchain, using charts to tell the story of the scaling debate.

Source

Hewlett Packard Enterprise to Integrate R3's Corda Platform

CoinDesk

2017. Jun. 08. 15:16

Hewlett Packard Enterprise to Integrate R3's Corda Platform The startup behind the R3 consortium has partnered with Hewlett Packard Enterprise to integrate its enterprise-focused digital ledger tech.

Source

India Cracks Down on Illegal Bitcoin Activities while Considering Regulations

Bitcoin News

2017. Jun. 08. 15:00

India Cracks Down on Illegal Bitcoin Activities while Considering Regulations

The Indian government is currently deciding whether to regulate Bitcoin. Meanwhile, some Parliament members are working towards cracking down on illegal activities involving the digital currency. Bitcoin.com spoke with Sandeep Goenka, co-founder of the leading Indian bitcoin broker Zebpay, to find out more about the situation in his country. Also read: India’s Government Divided Over Bitcoin Legalization

The post India Cracks Down on Illegal Bitcoin Activities while Considering Regulations appeared first on Bitcoin News.

New Chicago Blockchain Center Launches With Government Backing

CoinDesk

2017. Jun. 08. 14:30

New Chicago Blockchain Center Launches With Government Backing Major enterprises have joined forces with the State of Illinois to launch a new blockchain center in the Windy City.

Source

Bitcoin's 'Independence Day': Could Users Tip the Scales in the Scaling Debate?

CoinDesk

2017. Jun. 08. 13:30

Bitcoin's 'Independence Day': Could Users Tip the Scales in the Scaling Debate? Is 'BIP 148' a beneficial change or risky update? Here's what both sides are saying about bitcoin's upcoming 'Independence Day'.

Source

Virtual Currency in Washington State: What Changes in July

CoinDesk

2017. Jun. 08. 12:30

Virtual Currency in Washington State: What Changes in July An overview of upcoming legal changes in Washington state that affect the virtual currency industry.

Source

New Hampshire Governor Signs Bill Designed to Protect Bitcoin from Regulation

Bitcoin News

2017. Jun. 08. 12:00

New Hampshire Governor Signs Bill Designed to Protect Bitcoin from Regulation

New Hampshire governor John Sununu signed House Bill HB436 on Friday. The bill provides bitcoin with clear protection from debilitating and Orwellian regulations. The bill states that anyone who uses a “virtual currency” is exempt from having to register as a money transmitter. This is important news for a State that vouches for being one of

The post New Hampshire Governor Signs Bill Designed to Protect Bitcoin from Regulation appeared first on Bitcoin News.

At MoneyConf, An Unexpectedly Subdued Outlook for Blockchain Impact

CoinDesk

2017. Jun. 08. 11:00

At MoneyConf, An Unexpectedly Subdued Outlook for Blockchain Impact While disruption is not as strong as anticipated, MoneyConf 2017 showcased how blockchain is steadily becoming an important part of the fintech scene.

Source

At MoneyConf, An Unexpectedly Subdued Outlook for Blockchain

CoinDesk

2017. Jun. 08. 11:00

At MoneyConf, An Unexpectedly Subdued Outlook for Blockchain While disruption is not as strong as anticipated, MoneyConf 2017 showcased how blockchain is steadily becoming an important part of the fintech scene.

Source

BTC.com Partners with Kraken to Enable In-Wallet Bitcoin Buying

Bitcoin News

2017. Jun. 08. 09:15

BTC.com Partners with Kraken to Enable In-Wallet Bitcoin Buying

The company behind one of the largest mining pools and a popular Bitcoin wallet in China, BTC.com, has partnered with the bitcoin exchange Kraken to allow users to buy bitcoin directly from within the BTC.com wallet. Also read: Iphone Users Can Now Buy Bitcoins Directly Inside Breadwallet Buying Bitcoin Directly Inside BTC.Com Wallet BTC.com offers a

The post BTC.com Partners with Kraken to Enable In-Wallet Bitcoin Buying appeared first on Bitcoin News.

AMD and NVIDIA Dive Into the Graphics Card Mining Business

Bitcoin News

2017. Jun. 08. 06:55

AMD and NVIDIA Dive Into the Graphics Card Mining Business

Graphics card manufacturers NVIDIA and AMD are preparing to release models of their cards for cryptocurrency mining. They have began to eye the digital coin market, because customers have been buying up cards to the point of depleting their supply.  Also read: Global Supply of Graphics Processing Units Depleted Due to Mining Craze According to a Videcardz press article,

The post AMD and NVIDIA Dive Into the Graphics Card Mining Business appeared first on Bitcoin News.

Uniting Exponential Tech? Think Tank Event Heralds Blockchain's Bright Future

CoinDesk

2017. Jun. 08. 01:02

Uniting Exponential Tech? Think Tank Event Heralds Blockchain's Bright Future Singularity University is exploring blockchain as a possible connecting layer between other exponential technologies at its Exponential Finance event.

Source

State of Montana Funds Bitcoin Mine to Bolster Local Jobs

Bitcoin News

2017. Jun. 08. 01:00

State of Montana Funds Bitcoin Mine to Bolster Local Jobs

This week Montana’s Governor Steve Bullock announced the distribution of $1,124,030 in economic development grants that will be given to local businesses within the region. What’s interesting about the job initiative is the $416,000 of stimulus funding that will go to a bitcoin mining data center in Missoula County, called “Project Spokane.” Also read: Bitcoin:

The post State of Montana Funds Bitcoin Mine to Bolster Local Jobs appeared first on Bitcoin News.

New Hampshire Governor Signs Bitcoin MSB Exemption Into Law

CoinDesk

2017. Jun. 07. 21:50

New Hampshire Governor Signs Bitcoin MSB Exemption Into Law The governor of New Hampshire has signed a bill into law that exempts digital currency traders from the state's money transmission regulations.

Source

Increased South African Bitcoin Adoption Highlights Need For Taxation Clarity

Bitcoin News

2017. Jun. 07. 21:00

Increased South African Bitcoin Adoption Highlights Need For Taxation Clarity

With Localbitcoins trading volume up over 20% in recent weeks and over 1,000 merchants accepting bitcoin in South Africa, it’s clear that the nation’s lawmakers must provide a regulatory framework for businesses and speculators to operate within. Also Read: Bitcoin Startups Believe Africa Is Fertile Ground for Crypto-Solutions The South African Reserve Bank Has Not Released A

The post Increased South African Bitcoin Adoption Highlights Need For Taxation Clarity appeared first on Bitcoin News.

UC Berkeley Partners With Blockchain Startup For Health Data Research

CoinDesk

2017. Jun. 07. 20:15

UC Berkeley Partners With Blockchain Startup For Health Data Research The University of California, Berkeley is working with blockchain startup Bitmark on a pair of research studies focused on secure data sharing.

Source

Australia's Government Publishes Blockchain Research Studies

CoinDesk

2017. Jun. 07. 18:10

Australia's Government Publishes Blockchain Research Studies The Australian government's top research agency has released twin reports focused on blockchain technology.

Source

Prepare For SB1241’s Pit Bull Assault on Bitcoin Freedom

Bitcoin News

2017. Jun. 07. 17:30

Prepare For SB1241’s Pit Bull Assault on Bitcoin Freedom

Senate Bill 1241 defines digital currencies as “monetary instruments” and digital exchanges/tumblers as “financial institutions” for purposes of enforcing anti-money laundering laws. If successful, the “Combating Money Laundering, Terrorist Financing and Counterfeiting Act” would inflict unhappy consequences on bitcoin freedom. [Note: for a section-by-section analysis of the bill, please click here. Section 13 deals directly

The post Prepare For SB1241’s Pit Bull Assault on Bitcoin Freedom appeared first on Bitcoin News.

Blockchain Exchange Bitsane Introduces Ripple Trading

Bitcoin News

2017. Jun. 07. 16:50

Blockchain Exchange Bitsane Introduces Ripple Trading

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Bitsane, the Irish Blockchain trading platform adds Ripple trading support on

The post Blockchain Exchange Bitsane Introduces Ripple Trading appeared first on Bitcoin News.

Montana Boosts Local Bitcoin Miner With $416k Grant

CoinDesk

2017. Jun. 07. 16:45

Montana Boosts Local Bitcoin Miner With $416k Grant In a US first, Montana's state government is providing public funds to support a local bitcoin mining firm as part of an effort to fuel job creation.

Source

US Congressional Group Calls on IRS to Clarify Bitcoin Tax Guidance

CoinDesk

2017. Jun. 07. 15:30

US Congressional Group Calls on IRS to Clarify Bitcoin Tax Guidance A US congressional caucus is calling for more guidance from the Internal Revenue Service on the tax requirements for digital currencies like bitcoin.

Source

Japanese Airline to Install BTM’s and Introduce Its Own Bitcoin Wallet

Bitcoin News

2017. Jun. 07. 15:00

Japanese Airline to Install BTM’s and Introduce Its Own Bitcoin Wallet

Japan’s first low budget airline, Peach Aviation, has unveiled plans to offer various Bitcoin services to air travelers. This follows the company’s announcement last month that it would be the first Japanese airline to accept bitcoin payments for tickets. Also read: Japan’s Bitpoint to Add Bitcoin Payments to 100,000+ Stores  Japan’s First Airline to Accept Bitcoin

The post Japanese Airline to Install BTM’s and Introduce Its Own Bitcoin Wallet appeared first on Bitcoin News.

Chain is Now Working on Six 'Citi-Sized' Blockchain Networks

CoinDesk

2017. Jun. 07. 14:30

Chain is Now Working on Six 'Citi-Sized' Blockchain Networks After revealing its part in a Nasdaq to Citi blockchain, Chain's Adam Ludwin talks about the half a dozen other projects his company is behind.

Source

Colu Open-Sources Protocol to Help Central Banks Issue Digital Currencies

CoinDesk

2017. Jun. 07. 13:11

Colu Open-Sources Protocol to Help Central Banks Issue Digital Currencies Colu is open-sourcing its banking infrastructure known as Bankbox and becoming "blockchain agnostic" to ease adoption among cryptocurrency issuers.

Source

Bitcoin Used to Buy Stake in Company on the Australian Securities Exchange

Bitcoin News

2017. Jun. 07. 13:00

Bitcoin Used to Buy Stake in Company on the Australian Securities Exchange

The Australian Securities Exchange (ASX) announced on Wednesday that bitcoin will be used to buy a stake in a company listed on its exchange. Blockchain Global Limited (BGL) has agreed to buy a 40% interest in Digitalx, paying partly in bitcoins. Also read: Bitcoin Double Taxation Ends in Australia July 1st The First Case of Bitcoin Strategic

The post Bitcoin Used to Buy Stake in Company on the Australian Securities Exchange appeared first on Bitcoin News.

Western Union Reveals Pilot Coinbase Integration

CoinDesk

2017. Jun. 07. 12:21

Western Union Reveals Pilot Coinbase Integration Western Union could soon be sending people's funds via an integration with Coinbase, the remittance firm's CTO has revealed.

Source

Bitcoin Markets Increasingly Reflect Global Transition Towards ‘The Asian Century’

Bitcoin News

2017. Jun. 07. 08:00

Bitcoin Markets Increasingly Reflect Global Transition Towards ‘The Asian Century’

A resurgence in Chinese Bitcoin trading volume following huge growth in the Japanese and South Korean markets is forecasting a future where the US markets follow Asian price moves. Also Read: Researcher from China’s Central Bank Discusses an ICO Regulatory Sandbox China’s Bitcoin Markets Had Come To Resemble A Sleeping Giant In Recent Weeks Chinese

The post Bitcoin Markets Increasingly Reflect Global Transition Towards ‘The Asian Century’ appeared first on Bitcoin News.

Billionaire Investor and Shark Tank Star Mark Cuban Changes Mind and Tells Fans to Watch Bitcoin

Bitcoin News

2017. Jun. 07. 01:00

Billionaire Investor and Shark Tank Star Mark Cuban Changes Mind and Tells Fans to Watch Bitcoin

Just recently Bitcoin.com reported on the significant influx of mainstream attention bitcoin has been receiving over the past few months. Lots of investors these days are shining a positive light on the decentralized cryptocurrency and some of them have changed their opinions held in the past. Also read: Bitcoin Experiences an Intense Flow of New Money

The post Billionaire Investor and Shark Tank Star Mark Cuban Changes Mind and Tells Fans to Watch Bitcoin appeared first on Bitcoin News.

Mark Cuban Changes His Mind: Tells Fans to Watch Bitcoin

Bitcoin News

2017. Jun. 07. 01:00

Mark Cuban Changes His Mind: Tells Fans to Watch Bitcoin

Just recently Bitcoin.com reported on the significant influx of mainstream attention bitcoin has been receiving over the past few months. Lots of investors these days are shining a positive light on the decentralized cryptocurrency and some of them have changed their opinions held in the past. Also read: Bitcoin Experiences an Intense Flow of New Money

The post Mark Cuban Changes His Mind: Tells Fans to Watch Bitcoin appeared first on Bitcoin News.

Nevada Senate Bill 398 Becomes Law, Prohibiting Tax on Blockchain Technology

Bitcoin News

2017. Jun. 06. 21:40

Nevada Senate Bill 398 Becomes Law, Prohibiting Tax on Blockchain Technology

Judging by recent legislation, which is mostly hostile towards blockchain technology, Senate Bill 398 in Nevada seems like an unprecedented step in a positive direction. SB398 prohibits taxation and regulations regarding the use and implementation of blockchain technology, and it was approved by Nevada governor Brian Sandoval.  Also read: Japanese Companies Embracing Bitcoin See Stocks Soar with Rising Bitcoin

The post Nevada Senate Bill 398 Becomes Law, Prohibiting Tax on Blockchain Technology appeared first on Bitcoin News.

Cryptocurrency Investment Manager Seeks $400 Million for New Fund

CoinDesk

2017. Jun. 06. 21:40

Cryptocurrency Investment Manager Seeks $400 Million for New Fund Cryptocurrency investment manager Tim Enneking is seeking to raise as much as $400m for a new fund.

Source

Garza Fined $12 Million by SEC for GAW Mining and Zenmining Ponzi Schemes

Bitcoin News

2017. Jun. 06. 21:00

Garza Fined $12 Million by SEC for GAW Mining and Zenmining Ponzi Schemes

American citizen Homero Joshua Garza has been fined $12 mUSD for running the fraudulent GAW Miners and Zenmining cloud-mining scams. Also read: European Commission Launches Digital Currency and Dark Web Consortium Allegations of fraud emerged against the former CEO of GAW Miners during 2015, as US investors accused Garza of running a Ponzi scheme that

The post Garza Fined $12 Million by SEC for GAW Mining and Zenmining Ponzi Schemes appeared first on Bitcoin News.

AT&T Awarded Patent for Bitcoin-Powered Subscriber Server

CoinDesk

2017. Jun. 06. 19:32

AT&T Awarded Patent for Bitcoin-Powered Subscriber Server US telecom giant AT&T has been awarded a patent for a kind of home subscriber server backed up by blockchain tech.

Source

Japanese Companies Embracing Bitcoin See Stocks Soar with Rising Bitcoin Price

Bitcoin News

2017. Jun. 06. 18:00

Japanese Companies Embracing Bitcoin See Stocks Soar with Rising Bitcoin Price

Japanese companies continue to benefit from embracing Bitcoin following its approval by the government as a form of payment. Small businesses listed on stock exchanges that offer bitcoin-related services are seeing their share prices rise as the price of bitcoin spikes. Also read: Japan’s Near-Zero Savings Rates and Pension Problems Drive Retail Investors to Bitcoin Bitcoin’s

The post Japanese Companies Embracing Bitcoin See Stocks Soar with Rising Bitcoin Price appeared first on Bitcoin News.

Nevada Becomes First US State to Ban Blockchain Taxes

CoinDesk

2017. Jun. 06. 17:45

Nevada Becomes First US State to Ban Blockchain Taxes Nevada has become the first state to ban local governments from taxing blockchain use.

Source

Deutsche Börse Reveals Three “Pillars” of Its Pervasive Blockchain Integration

CoinDesk

2017. Jun. 06. 16:27

Deutsche Börse Reveals Three “Pillars” of Its Pervasive Blockchain Integration After generating 1.1b euros last year, German institutional trading network Deutsche Börse reveals a three-pillared plan to blockchain.

Source

Deutsche Börse Reveals Three 'Pillars' of Its Pervasive Blockchain Integration

CoinDesk

2017. Jun. 06. 16:27

Deutsche Börse Reveals Three 'Pillars' of Its Pervasive Blockchain Integration After generating 1.1b euros last year, German institutional trading network Deutsche Börse reveals a three-pillared plan to blockchain.

Source

US General Services Administration Plans Blockchain Trial

CoinDesk

2017. Jun. 06. 16:02

US General Services Administration Plans Blockchain Trial The main US agency for governmental logistics has revealed it is launching a blockchain pilot this summer.

Source

CoinDesk Research Launches State of Blockchain Q1 Report

CoinDesk

2017. Jun. 06. 15:00

CoinDesk Research Launches State of Blockchain Q1 Report CoinDesk Research has released its full Q1 State of Blockchain report. Here's a look at six notable highlights.

Source

Blockchain Consortium Draws Enterprise Giants to Revolutionize Digital Identity

CoinDesk

2017. Jun. 06. 14:10

Blockchain Consortium Draws Enterprise Giants to Revolutionize Digital Identity The Digital Identity Foundation is seeing interest from key players like IBM who want to develop a software layer to make online identity seamless.

Source

Kim Dotcom Says Beta Launch of Megaupload 2 and Bitcache Coming in August

Bitcoin News

2017. Jun. 06. 14:00

Kim Dotcom Says Beta Launch of Megaupload 2 and Bitcache Coming in August

After missing his launch window in January, Megaupload creator Kim Dotcom has repeatedly hinted about the upcoming launch of Megaupload 2.0 and its Bitcoin wallet, Bitcache. On Monday, the Internet bad boy finally announced when the private beta of his much-hyped system will be launched. Also read: Kim Dotcom Previews Bitcache, Introduces Megaupload 2’s Bitcontent New

The post Kim Dotcom Says Beta Launch of Megaupload 2 and Bitcache Coming in August appeared first on Bitcoin News.

BP, Wien Energie Complete Blockchain Energy Trading Trial

CoinDesk

2017. Jun. 06. 13:00

BP, Wien Energie Complete Blockchain Energy Trading Trial A group of energy firms including BP have completed an energy trading pilot using blockchain tech from Canadian startup BTL.

Source

SibCoin Offers a Simple Cross-border Money Transfer Solution

Bitcoin News

2017. Jun. 06. 13:00

SibCoin Offers a Simple Cross-border Money Transfer Solution

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. SibCoin, a Russia-based project known for developing a cryptocurrency that would

The post SibCoin Offers a Simple Cross-border Money Transfer Solution appeared first on Bitcoin News.

Venezuela Launches Its First Regulated Bitcoin Exchange Monkeycoin with Draglet

Bitcoin News

2017. Jun. 06. 12:00

Venezuela Launches Its First Regulated Bitcoin Exchange Monkeycoin with Draglet

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Bitcoin hasn’t always had an easy time in Venezuela. The government

The post Venezuela Launches Its First Regulated Bitcoin Exchange Monkeycoin with Draglet appeared first on Bitcoin News.

US House Committee to Hold Virtual Currency Hearing

CoinDesk

2017. Jun. 06. 12:00

US House Committee to Hold Virtual Currency Hearing The US House of Representatives Financial Services Committee is holding a hearing on virtual currencies this week.

Source

European Commission Launches Digital Currency and Dark Web Consortium

Bitcoin News

2017. Jun. 06. 11:00

European Commission Launches Digital Currency and Dark Web Consortium

A recent announcement from the European Commission details the formation of a new consortium dedicated to preventing illegal activities tied to virtual currencies and the dark web. The group consists of fifteen members from seven European countries that will develop technical solutions for investigating and mitigating this types of illicit activities. Also read: Blockchain Collectibles: A

The post European Commission Launches Digital Currency and Dark Web Consortium appeared first on Bitcoin News.

SmartPlay.Tech Releases Win-Win Roulette: RLT Token Price Grew by 4 Times

Bitcoin News

2017. Jun. 06. 10:15

SmartPlay.Tech Releases Win-Win Roulette: RLT Token Price Grew by 4 Times

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. SmartPlay.tech presented its users the first win-win roulette in which players will

The post SmartPlay.Tech Releases Win-Win Roulette: RLT Token Price Grew by 4 Times appeared first on Bitcoin News.

Bitcoin Price Skyrockets — Touches $2860 Across Global Exchanges

Bitcoin News

2017. Jun. 06. 08:26

Bitcoin Price Skyrockets — Touches $2860 Across Global Exchanges

On June 5 Bitcoin has once again captured another all-time high touching $2860 across global exchanges. The decentralized currency’s price has jumped leaps and bounds since last week’s downturn. Also read: Osforensics Founder Explains His Bitcoin Transaction Monitoring Tools Bear Market Predictions Shunned as Bitcoin Bulls Take the Lead A lot has changed since the last

The post Bitcoin Price Skyrockets — Touches $2860 Across Global Exchanges appeared first on Bitcoin News.

Bitcoin Price Shoots Past $2,900 to Hit New All-Time High

CoinDesk

2017. Jun. 06. 05:08

Bitcoin Price Shoots Past $2,900 to Hit New All-Time High The price of bitcoin has hit a new all-time high, according to the CoinDesk Bitcoin Price Index (BPI).

Source

Researcher from China’s Central Bank Discusses an ICO Regulatory Sandbox

Bitcoin News

2017. Jun. 06. 04:00

Researcher from China’s Central Bank Discusses an ICO Regulatory Sandbox

Cryptocurrency Initial Coin Offerings (ICO) have become all the rage these days as that particular part of the digital asset economy has raised millions of dollars over the past year. Just recently the Deputy Director of Science and Technology Department of People ‘s Bank of China (PBOC) and Director of the Digital Currency Research Institute

The post Researcher from China’s Central Bank Discusses an ICO Regulatory Sandbox appeared first on Bitcoin News.

SEC Wins $11 Million Default Judgment Against GAW Miners

CoinDesk

2017. Jun. 05. 23:53

SEC Wins $11 Million Default Judgment Against GAW Miners The US Securities and Exchange Commission (SEC) has won default judgments against cryptocurrency mining firms GAW Miners and Zen Miner.

Source

Bitcoin Picks up Steam in India as Young Traders Emerge

Bitcoin News

2017. Jun. 05. 23:00

Bitcoin Picks up Steam in India as Young Traders Emerge

Young Indian investors are flocking to bitcoin and starting to trade with vigor. This sudden interest in trading and speculation in India has been exacerbated by a flood of positive news in the bitcoin ecosystem, including Japan’s acceptance of the currency and its ever-climbing, covetous price point. Also read: Russian President Vladimir Putin Discusses Using Ethereum with Vitalik

The post Bitcoin Picks up Steam in India as Young Traders Emerge appeared first on Bitcoin News.

Vladimir Putin and Vitalik Buterin Discuss Ethereum 'Opportunities'

CoinDesk

2017. Jun. 05. 19:31

Vladimir Putin and Vitalik Buterin Discuss Ethereum 'Opportunities' The president of Russia briefly met with ethereum inventor Vitalik Buterin during an event last week.

Source

Nevada Lawmakers Send Blockchain Tax Bill to Governor's Desk

CoinDesk

2017. Jun. 05. 18:26

Nevada Lawmakers Send Blockchain Tax Bill to Governor's Desk Legislators in Nevada completed work on a bill to block the taxation of blockchain use.

Source

Walmart: Blockchain Food Tracking Test Results Are 'Very Encouraging'

CoinDesk

2017. Jun. 05. 17:02

Walmart: Blockchain Food Tracking Test Results Are 'Very Encouraging' Global retail giant Walmart presented its blockchain work during an annual investor event last week, showing encouraging results.

Source

Global Supply of Graphics Processing Units Depleted Due to Cryptocurrency Mining Craze

Bitcoin News

2017. Jun. 05. 16:50

Global Supply of Graphics Processing Units Depleted Due to Cryptocurrency Mining Craze

As Bitcoin’s value continues to grow, cryptocurrency mining has grown into a vibrant economy. According to a recent article from the online tech shop and publication, Where Consumers Come First (Wccftech), the global supply of graphics processing units (GPU) are being depleted these days and are worth three times the original value in most cases. Also

The post Global Supply of Graphics Processing Units Depleted Due to Cryptocurrency Mining Craze appeared first on Bitcoin News.

Global Supply of Graphics Processing Units Depleted Due to Mining Craze

Bitcoin News

2017. Jun. 05. 16:50

Global Supply of Graphics Processing Units Depleted Due to Mining Craze

As Bitcoin’s value continues to grow, cryptocurrency mining has grown into a vibrant economy. According to a recent article from the online tech shop and publication, Where Consumers Come First (Wccftech), the global supply of graphics processing units (GPU) are being depleted these days and are worth three times the original value in most cases. Also

The post Global Supply of Graphics Processing Units Depleted Due to Mining Craze appeared first on Bitcoin News.

IT Firm Fujitsu Debuts Blockchain System for Secure Data Sharing

CoinDesk

2017. Jun. 05. 16:00

IT Firm Fujitsu Debuts Blockchain System for Secure Data Sharing Japanese IT firm Fujitsu has developed a new blockchain-based system for securely exchanging data.

Source

Are Sidechains a Better Solution for Bitcoin's Scaling Debate?

CoinDesk

2017. Jun. 05. 15:15

Are Sidechains a Better Solution for Bitcoin's Scaling Debate? Once seen as an experimental technology, sidechains are emerging as a scaling solution that could please all sides of the debate.

Source

Why a Swedish MP Is Joining Bitcoin Exchange BTCX

CoinDesk

2017. Jun. 05. 14:30

Why a Swedish MP Is Joining Bitcoin Exchange BTCX Swedish Parliament member, and now chairman of the board for BTCX, Mathias Sundin talks about his love of bitcoin.

Source

Bancor Launches First Crowdfunding Valuation and Promotion by a DAO on the WINGS Platform

Bitcoin News

2017. Jun. 05. 14:00

Bancor Launches First Crowdfunding Valuation and Promotion by a DAO on the WINGS Platform

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Zug, Switzerland — June 5, 2017 — Bancor Protocol, the standard

The post Bancor Launches First Crowdfunding Valuation and Promotion by a DAO on the WINGS Platform appeared first on Bitcoin News.

Bancor Launches First Crowdfunding Valuation and Promotion by WINGS DAO on Ethereum

Bitcoin News

2017. Jun. 05. 14:00

Bancor Launches First Crowdfunding Valuation and Promotion by WINGS DAO on Ethereum

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Zug, Switzerland — June 5, 2017 — Bancor Protocol, the standard

The post Bancor Launches First Crowdfunding Valuation and Promotion by WINGS DAO on Ethereum appeared first on Bitcoin News.

The World's Largest CSDs Are Forming a New Blockchain Consortium

CoinDesk

2017. Jun. 05. 13:30

The World's Largest CSDs Are Forming a New Blockchain Consortium Some of the world's most influential central securities depositories are uniting to build their own blockchain consortium.

Source

EthereumChamber – A New Ethereum Wallet

Bitcoin News

2017. Jun. 05. 12:45

EthereumChamber – A New Ethereum Wallet

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. EthereumChamber.net is a brand new Client Side Ethereum Wallet hoping to outperform

The post EthereumChamber – A New Ethereum Wallet appeared first on Bitcoin News.

Back to Basics for Blockchain Tokens?

CoinDesk

2017. Jun. 05. 12:00

Back to Basics for Blockchain Tokens? CoinDesk's Noelle Acheson discusses recent trends around initial coin offerings (ICOs) – and how the game seems to be changing.

Source

Russian President Vladimir Putin Discusses Using Ethereum with Vitalik Buterin

Bitcoin News

2017. Jun. 05. 11:00

Russian President Vladimir Putin Discusses Using Ethereum with Vitalik Buterin

At the 2017 St. Petersburg International Economic Forum (SPIEF), Russian President Vladimir Putin met with Ethereum founder Vitalik Buterin. Putin also spoke about Russia’s economic reform and the digital economy, while the central bank discussed bitcoin’s taxation and its own digital currency. Also read: Russia Considers Recognizing Bitcoin in 2018 to Fight Money Laundering St Petersburg

The post Russian President Vladimir Putin Discusses Using Ethereum with Vitalik Buterin appeared first on Bitcoin News.

Osforensics Founder Explains His Bitcoin Transaction Monitoring Tools

Bitcoin News

2017. Jun. 05. 01:00

Osforensics Founder Explains His Bitcoin Transaction Monitoring Tools

Blockchain surveillance is slowly becoming the norm as cryptocurrencies become a more popularized technology. These days there are many startups and private investigators dedicated to helping global law enforcement and private businesses track bitcoin transactions. Also read: Blockchain Collectibles: A Discussion With the Creator of Curio Cards Bitcoin.com recently chatted with Richard Amores, a blockchain surveillance

The post Osforensics Founder Explains His Bitcoin Transaction Monitoring Tools appeared first on Bitcoin News.

Blockchain Collectibles: A Discussion With the Creator of Curio Cards

Bitcoin News

2017. Jun. 04. 15:00

Blockchain Collectibles: A Discussion With the Creator of Curio Cards

This week Bitcoin.com chatted with Thomas Hunt otherwise known as ‘Mad Bitcoins’ about a new blockchain based collectibles project he started — Curio Cards. The collectibles are a digital trading card that can be exchanged or stored on the Ethereum blockchain. Also read: Mining Pool Viabtc Launches New Cryptocurrency Trading Platform Collectible trading cards is a

The post Blockchain Collectibles: A Discussion With the Creator of Curio Cards appeared first on Bitcoin News.

Three Thoughts on the 'Crypto Bubble'

CoinDesk

2017. Jun. 04. 13:00

Three Thoughts on the 'Crypto Bubble' A VC offers his insight on the price of bitcoin and ether. Even if speculators are running wild, he says, that may not mean the assets are overbought.

Source

A Counterargument to the Value Proposition of Ripple's XRP Token

CoinDesk

2017. Jun. 04. 12:40

A Counterargument to the Value Proposition of Ripple's XRP Token With the price of Ripple's XRP rising, Factom's Piotr Piasecki offers a valuation based on the underlying protocol and the token's desired utility.

Source

Jeff Garzik Asks Community if Asicboost Optimization Should be Disabled

Bitcoin News

2017. Jun. 04. 09:00

Jeff Garzik Asks Community if Asicboost Optimization Should be Disabled

Jeff Garzik posted a section to his Bitcoin Improvement proposal (BIP) June 1 on Github. He asked the community if the Asicboost optimization should be banned or removed entirely from the Segwit-2mb plan. He brought up the issue to determine if the community wants the patented feature to be disabled or rendered ineffective.  Also read: Segregated Witness and the

The post Jeff Garzik Asks Community if Asicboost Optimization Should be Disabled appeared first on Bitcoin News.

Coinbase Seeks $1 Billion Valuation From Committed Investors

Bitcoin News

2017. Jun. 04. 00:32

Coinbase Seeks $1 Billion Valuation From Committed Investors

According to a report from the Wall Street Journal, the bitcoin company Coinbase is seeking investors in a new funding round that aims for a $1 billion dollar valuation. Also read: Bitcoin Could Progress the Fourth Industrial Revolution Says Wealth Manager Coinbase Seeks Investment Pledges of ‘$100 Million or More’ for a $1 Billion Valuation Goal Sources familiar

The post Coinbase Seeks $1 Billion Valuation From Committed Investors appeared first on Bitcoin News.

Andresen is Back With a One-Man Security Project Inspired by Bitcoin Mishaps

CoinDesk

2017. Jun. 03. 11:40

Andresen is Back With a One-Man Security Project Inspired by Bitcoin Mishaps Back with a new project tangential to bitcoin, Gavin Andresen says his one-man Random Sanity Project is perfect: boring and stress-free.

Source

Japan’s Near-Zero Savings Rates and Pension Problems Drive Retail Investors to Bitcoin

Bitcoin News

2017. Jun. 03. 11:00

Japan’s Near-Zero Savings Rates and Pension Problems Drive Retail Investors to Bitcoin

The Japanese have long put up with near-zero interest rates on their personal savings accounts. At the same time, they are worried about a serious shortfall in the national pension program. These problems have pushed retail investors to consider investing in bitcoin. Also read: Japan’s Bitpoint to Add Bitcoin Payments to 100,000+ Stores Low Savings Rates

The post Japan’s Near-Zero Savings Rates and Pension Problems Drive Retail Investors to Bitcoin appeared first on Bitcoin News.

Why the Blockchain Needs More Failures to Succeed

CoinDesk

2017. Jun. 03. 11:00

Why the Blockchain Needs More Failures to Succeed Tired of scams? Entrepreneur William Mougayar argues that more failures are what's needed to take blockchain technology to the next level.

Source

Segregated Witness and the Possibility of Patent Infringement

Bitcoin News

2017. Jun. 03. 02:00

Segregated Witness and the Possibility of Patent Infringement

During the late evening of June 1, Bitcoin.com received an email from an anonymous source who has been researching possible patent infringements associated with the Segregated Witness (Segwit) protocol. According to the researcher, Segwit may be at risk violating two specific patents filed with the U.S. Patent and Trademark Office (USPTO). Also read: Bitcoin Could Progress

The post Segregated Witness and the Possibility of Patent Infringement appeared first on Bitcoin News.

Two U.S. Senators Submit a Bill to Investigate Digital Currencies

Bitcoin News

2017. Jun. 02. 21:00

Two U.S. Senators Submit a Bill to Investigate Digital Currencies

Following the recent ransomware fiasco and multiple traders from a variety of U.S. states arrested for bitcoin related money laundering charges two senators have introduced a new bill to regulate these activities. The legislation submitted last week aims to classify bitcoin as a monetary instrument in the 2017 ‘Money Laundering, Terrorist Financing, and Counterfeiting Act.’

The post Two U.S. Senators Submit a Bill to Investigate Digital Currencies appeared first on Bitcoin News.

Ethereum Smart Contract Error Costs Cryptocurrency Exchange $14 Million

CoinDesk

2017. Jun. 02. 20:00

Ethereum Smart Contract Error Costs Cryptocurrency Exchange $14 Million A Canada-based digital currency exchange is out as much as $14m worth of the cryptocurrency ether.

Source

Ethereum Client Update Issue Costs Cryptocurrency Exchange $14 Million

CoinDesk

2017. Jun. 02. 20:00

Ethereum Client Update Issue Costs Cryptocurrency Exchange $14 Million A Canada-based digital currency exchange is out as much as $14m worth of the cryptocurrency ether.

Source

Bitcoin-Powered Marketplace OpenBazaar Raises $200k in New Funding

CoinDesk

2017. Jun. 02. 18:30

Bitcoin-Powered Marketplace OpenBazaar Raises $200k in New Funding OB1, the startup behind the bitcoin-powered decentralized marketplace OpenBazaar, has raised new funding from investment firm DCG.

Source

EU Commits €5 Million to Fund Blockchain Surveillance Research

CoinDesk

2017. Jun. 02. 17:30

EU Commits €5 Million to Fund Blockchain Surveillance Research A group of government agencies, law enforcement groups and academic researchers are partnering on a new digital currency surveillance project.

Source

Bank of Russia: 'It's Time to Develop National Cryptocurrencies'

CoinDesk

2017. Jun. 02. 15:50

Bank of Russia: 'It's Time to Develop National Cryptocurrencies' Russia's central bank believes the time is right to develop and launch its own digital currency, one of its senior officials said today.

Source

Bitcoin Solves Runaway Inflation by Undermining Trusted Third Parties

Bitcoin News

2017. Jun. 02. 15:00

Bitcoin Solves Runaway Inflation by Undermining Trusted Third Parties

Bankers, governments, and other trusted centralized organizations require society to be steeped in runaway inflation. These fiduciary cartels thrive when they manipulate the money supply and cause drastic shifts in prices within the market economy they lord over. They believe the money supply must be regulated and controlled for the economy to function optimally, lest society collapses as

The post Bitcoin Solves Runaway Inflation by Undermining Trusted Third Parties appeared first on Bitcoin News.

An Amoral Defense of Blockchain Tokens as an OK Thing

CoinDesk

2017. Jun. 02. 14:45

An Amoral Defense of Blockchain Tokens as an OK Thing Everyone seems to have an opinion on cryptographic 'tokens' of late. But maybe we should save the moral outrage?

Source

An Amoral Defense of ICOs as an OK Thing

CoinDesk

2017. Jun. 02. 14:16

An Amoral Defense of ICOs as an OK Thing Everyone seems to have an opinion on cryptographic 'tokens' of late. But maybe we should save the moral outrage?

Source

A Dispassionate Defense of ICOs as an OK Thing

CoinDesk

2017. Jun. 02. 14:16

A Dispassionate Defense of ICOs as an OK Thing Everyone seems to have an opinion on cryptographic 'tokens' of late. But maybe we should save the moral outrage?

Source

Interoperability Boost: Ripple Sends Blockchain Transaction Across 7 Different Ledgers

CoinDesk

2017. Jun. 02. 14:03

Interoperability Boost: Ripple Sends Blockchain Transaction Across 7 Different Ledgers Ripple has open-sourced a bitcoin plug-in, making the biggest cryptocurrency interoperable with other ledgers. Litecoin could be next.

Source

Interoperability Boost: Ripple Sends Blockchain Transaction Across 7 Ledgers

CoinDesk

2017. Jun. 02. 14:03

Interoperability Boost: Ripple Sends Blockchain Transaction Across 7 Ledgers Ripple has open-sourced a bitcoin plug-in, making the biggest cryptocurrency interoperable with other ledgers. Litecoin could be next.

Source

A Discussion on Responsible Protocol Token Funding

CoinDesk

2017. Jun. 02. 12:36

A Discussion on Responsible Protocol Token Funding Early token sale pioneer Tom Ding shares his thoughts on how projects can best use the ICO funding method.

Source

Britain’s Largest Broker Offers Exchange-Traded Bitcoin Investments

Bitcoin News

2017. Jun. 02. 08:00

Britain’s Largest Broker Offers Exchange-Traded Bitcoin Investments

Britain’s leading brokerage firm, Hargreaves Lansdown, now offers bitcoin exchange-traded products to its 876,000 customers. These investments are available for regular brokerage accounts as well as self-invested personal pension accounts. Also read: Chinese Bitcoin Exchanges Resume Withdrawals Largest British Broker Hargreaves Lansdown plc is a financial service company based in Bristol, a city in South West

The post Britain’s Largest Broker Offers Exchange-Traded Bitcoin Investments appeared first on Bitcoin News.

Bitcoin's 'Segwit2x' Scaling Proposal: Miners Offer Optimistic Outlook

CoinDesk

2017. Jun. 02. 05:54

Bitcoin's 'Segwit2x' Scaling Proposal: Miners Offer Optimistic Outlook A proposal to boost the capacity of the bitcoin network is gaining traction. But what do miners think about what's on the table?

Source

Discovering the Many Diverse Types of Cryptocurrency Proponents

Bitcoin News

2017. Jun. 02. 01:00

Discovering the Many Diverse Types of Cryptocurrency Proponents

If you’re invested in bitcoin, you will find out really fast that a lot is going on within the cryptocurrency economy. Moreover, there are all types of bitcoin investors, and each and every one of them is taking part in this economy for various reasons. Here are a few examples of the different categories of

The post Discovering the Many Diverse Types of Cryptocurrency Proponents appeared first on Bitcoin News.

Ethereum Developers Stymie Blockchain Spammer's Latest Attack

CoinDesk

2017. Jun. 01. 23:35

Ethereum Developers Stymie Blockchain Spammer's Latest Attack An effort to disrupt the ethereum blockchain was quickly put down today by a team of network developers.

Source

Ethereum Developers Stymie Blockchain Spammer's New Attack

CoinDesk

2017. Jun. 01. 23:35

Ethereum Developers Stymie Blockchain Spammer's New Attack An effort to disrupt the ethereum blockchain was quickly put down today by a team of network developers.

Source

Japan's NEC Expands Role in Hyperledger Blockchain Project

CoinDesk

2017. Jun. 01. 21:30

Japan's NEC Expands Role in Hyperledger Blockchain Project One of Japan's biggest IT corporations is expanding its role in the Hyperledger blockchain project.

Source

USV's Fred Wilson: ICOs Won't Displace VC Investors

CoinDesk

2017. Jun. 01. 20:15

USV's Fred Wilson: ICOs Won't Displace VC Investors USV co-founder Fred Wilson isn't all that concerned about initial coin offerings, or ICOs, disrupting his line of work.

Source

U.S. Court Denies Ross Ulbricht’s Life Sentence Appeal

Bitcoin News

2017. Jun. 01. 19:00

U.S. Court Denies Ross Ulbricht’s Life Sentence Appeal

Just recently Bitcoin.com reported on the two-year anniversary of Ross Ulbricht’s double life sentence for his involvement with the Silk Road marketplace. On May 31 a three-judge appellate panel denied Ulbricht’s sentence appeal while at the same time criticizing U.S. drug policies. Also read: India’s Government Divided Over Bitcoin Legalization Officials May Someday Regard Drug

The post U.S. Court Denies Ross Ulbricht’s Life Sentence Appeal appeared first on Bitcoin News.

Bitcoin.com Now Offers Mining Servers at Discounted Rates

Bitcoin News

2017. Jun. 01. 18:13

Bitcoin.com Now Offers Mining Servers at Discounted Rates

The mining sector within the bitcoin economy has grown exponentially as the digital currency’s value continues to make mining operations more lucrative. With the recent surge in bitcoin’s price and mining revenue, Bitcoin.com is offering discounted Avalon 6s and Bitmain Antminer S7s for purchases of 100 servers or more. Also read: The Case for Using

The post Bitcoin.com Now Offers Mining Servers at Discounted Rates appeared first on Bitcoin News.

Bitcoin Miner BTCS Raises $1 Million in New Funding

CoinDesk

2017. Jun. 01. 17:30

Bitcoin Miner BTCS Raises $1 Million in New Funding Publicly traded bitcoin miner BTCS, formerly known as Bitcoin Shop, has raised $1m in new funding, public records show.

Source

Russia's Vnesheconombank Reveals Blockchain Product Strategy

CoinDesk

2017. Jun. 01. 16:00

Russia's Vnesheconombank Reveals Blockchain Product Strategy A state-owned development bank in Russia has revealed its plans for launching products built around blockchain.

Source

The IRS is Due to Present its Digital Currency Strategy to Congress Next Week

CoinDesk

2017. Jun. 01. 13:30

The IRS is Due to Present its Digital Currency Strategy to Congress Next Week Congress wants answers from the Internal Revenue Service about its investigation into bitcoin tax avoidance – and they’re due by next week.

Source

Chinese Bitcoin Exchanges Resume Withdrawals

Bitcoin News

2017. Jun. 01. 12:01

Chinese Bitcoin Exchanges Resume Withdrawals

Chinese bitcoin exchanges have reportedly resumed bitcoin withdrawals. Customers of BTCC and Okcoin can now withdraw their coins up to certain daily limits. Huobi is also expected to follow suit shortly. Also read: India’s Government Divided Over Bitcoin Legalization Bitcoin Withdrawals Resumed Following the inspections by the People’s Bank of China (PBOC), BTCC, Huobi, and

The post Chinese Bitcoin Exchanges Resume Withdrawals appeared first on Bitcoin News.

Bitcoin's 'Segwit2x' Scaling Proposal: Core Developers React

CoinDesk

2017. Jun. 01. 11:30

Bitcoin's 'Segwit2x' Scaling Proposal: Core Developers React A new solution to the bitcoin scaling debate known as 'Segwitx2' has garnered notable support, but what do bitcoin's developers think of the proposal?

Source

Bitcoin's 'Segwit2x' Scaling Proposal: Core Developers Strike Critical Stance

CoinDesk

2017. Jun. 01. 11:30

Bitcoin's 'Segwit2x' Scaling Proposal: Core Developers Strike Critical Stance A new solution to the bitcoin scaling debate known as 'Segwitx2' has garnered notable support, but what do bitcoin's developers think of the proposal?

Source

Bitcoin ETN Issuer Partners With UK’s Hargreaves Lansdown Investment Service

CoinDesk

2017. Jun. 01. 09:00

Bitcoin ETN Issuer Partners With UK’s Hargreaves Lansdown Investment Service The issuer of a bitcoin exchange-traded note (ETN) based in Sweden has announced a new integration with UK investment service Hargreaves Lansdown.

Source

Bitcoin ETN Issuer Integrates With UK’s Hargreaves Lansdown Investment Service

CoinDesk

2017. Jun. 01. 09:00

Bitcoin ETN Issuer Integrates With UK’s Hargreaves Lansdown Investment Service The issuer of a bitcoin exchange-traded note (ETN) based in Sweden has announced a new integration with UK investment service Hargreaves Lansdown.

Source

UK Asset Manager Integrates Exchange-Traded Bitcoin Product

CoinDesk

2017. Jun. 01. 09:00

UK Asset Manager Integrates Exchange-Traded Bitcoin Product The issuer of a bitcoin exchange-traded note (ETN) based in Sweden has announced a new integration with UK investment service Hargreaves Lansdown.

Source

Mining Pool Viabtc Launches New Cryptocurrency Trading Platform

Bitcoin News

2017. Jun. 01. 01:20

Mining Pool Viabtc Launches New Cryptocurrency Trading Platform

This week the Chinese company and mining pool, Viabtc has announced the launch of a new cryptocurrency trading platform called Viabtc.cn. The announcement follows the startup’s recent series A funding back in March which is now being used to expand domestic cryptocurrency trading in China. Also read: Use of Bitcoin in Ecuador Continues to Grow Despite

The post Mining Pool Viabtc Launches New Cryptocurrency Trading Platform appeared first on Bitcoin News.