Chronicled, a Californian technology company founded in 2014 that leverages blockchain technology specifically for the authentication, tracking and social engagement of vintage and collectible sneakers has announced $3,425,000 in additional funding raised as a part of its Series … | Continue reading
As bitcoin use keeps growing and gaining public attention, the question naturally arises: will it replace fiat currency? Bitcoin’s price gains in 2015 and the current emergence of two competing bitcoin versions – Bitcoin Core and Bitcoin Classic – have raised expectations in some … | Continue reading
An event called the London Bitcoin Forum scheduled for later this month has raised concerns in the bitcoin community of being a scam, as revealed by comments posted on Reddit and elsewhere. The website for the event says it is scheduled for March 23 and 24 at QEII Centre, London, … | Continue reading
The chairman of the Australian Securities & Investments Commission (ASIC) has encouraged regulators around the world to embrace blockchain innovation, the technology that underpins bitcoin. ASIC chairman Greg Medcraft has spoken about the potential and promise that blockchain tec … | Continue reading
Bitcoin trading has been holding price between technical constraints just above $400. The option of moving out of this range has been tried to the upside and down, recently, without igniting a meaningful trend. Classic(TM) dithering and consensus breach may be unnecessary, after … | Continue reading
Since attending the invite-only Satoshi Roundtable last week, Gavin Andresen, the Chief Scientist of the Bitcoin Foundation has offered some reflection on the happenings on his blog. As is to be expected, Andresen mainly focused on the main subject of the weekend, which was the v … | Continue reading
Sometimes it is hard to understand just how little finance institutions actually understand blockchain technology. While blockchain is certainly not a panacea for financial institutions, it’s pretty close. And SWIFT is certainly no match. In a recent article featured on the websi … | Continue reading
Bitcoin users want more exchange opportunities. JM Bullion announced that it’s now possible to buy gold and silver with bitcoin on the BitPay platform. The firm now offers its customers the option to pay with the cryptocurrency. According to the firm, accepting bitcoin provides f … | Continue reading
Nathan Blecharczyk, one of the co-founders of the accommodations platform giant Airbnb, has revealed that the company could potentially look at blockchain applications to help establish user reputation and trust. Airbnb co-founder and chief technology officer Nathan Blecharczyk h … | Continue reading
After its year(s)-long endeavor to be the world’s first publicly listed bitcoin miner, Australian bitcoin mining firm Bitcoin Group Ltd., has been forced to withdraw its IPO. The move comes after the Australian Securities Exchange (ASX) sought the miner to make a fresh offer. The … | Continue reading
Bitcoin price continues trading across critical support just above $400. Maintaining this position is the key to additional advance. Losing it, will open a proverbial can of downside toward the lows of 2015. This analysis is provided by xbt.social with a 3-hour delay. Read the fu … | Continue reading
Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), is the financial regulatory authority for Germany. They too, like every other regulatory authority the world over, have begun to seriously consider the usages and ramifications of blockchain. Recently, BaFin published an ar … | Continue reading
Much of the bitcoin industry no longer shares the same vision and are not likely to pragmatically compromise to avert a serious risk facing the industry. That was the impression of Peter Smith, CEO of Blokchain.info, at the recent Satoshi Roundtables, writing in Medium. Smith, in … | Continue reading
While Fintech has had most of the limelight when it comes to controlling the future revolutionary applications of blockchain technology, there are still several massive industries ripe for disruption that will potentially be able to use blockchain for their business models. In an … | Continue reading
Regulators, banks and private blockchain consortiums aren’t particularly enthused about a public blockchain or distributed ledger providing the platform for banking or financial services, going by the common sentiment at an industry conference in London today. While they don’t wa … | Continue reading
Bitcoin price has climbed back above $400 and 2700 CNY. Whether this is a new wave of advance, or merely a correction prior to more decline remains to be seen. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and rec … | Continue reading
Bitcoin’s growth – not government regulation – could kill bitcoin, according to one financial industry observer. David Yermack, chairman of the New York University (NYU) Stern School of Business finance department, told Fortune Magazine that bitcoin’s growth has jammed its paymen … | Continue reading
In what is quickly becoming a recurring theme among stock exchanges around the world, the Toronto Stock Exchange (TSX) is exploring blockchain technology applications for securities trading and clearing. The foray into understanding blockchain or distributed ledgers, the technolo … | Continue reading
The second day of the MIT (Massachusetts Institute of Technology) Bitcoin Expo in Cambridge, Mass. featured speakers on a variety of topics ranging from technical issues like the size of the blockchain to social concerns like social inequities that technology perpetuates, accordi … | Continue reading
Blockchain technology is largely associated with the financial sector, but distributed ledger applications have much to offer other industries as well. Deloitte University Press recently released a report titled, “Beyond bitcoin, blockchain is coming to disrupt your industry,” ex … | Continue reading
Zebpay, a bitcoin wallet with offices in India and Singapore, has added some innovative features to its app. Users can set their own bid/ask price when trading bitcoin, they can keep a rupee balance to instantly buy bitcoin, and they can check transaction status, according to the … | Continue reading
Bitcoin price is extending below target as the idiocy of Gav&MikeCoin becomes apparent. Not only is Gav a limited capacity coder, but Mike has run away – leaving bright-spark Brian “Buzz” Armstrong to fend for his Silicon Valley Bank licence alone. It’s all going to end in tears. … | Continue reading
Business Law Magazine, a German publication, reviewed a European Court of Justice ruling exempting bitcoin from value added tax (VAT) which was hailed as a victory by bitcoin advocates. The article by attorney Heinz Zimmermann noted that bitcoin has seldom been the focus of analy … | Continue reading
A U.S. court has charged Trevon Gross, the former chairman of a Jackson, N.J. federal credit union, with accepting $150,000 in bribes to turn the credit union’s functions over to the operators of Coin.mx, an illegal bitcoin exchange, according to NJ.com, a New Jersey news site. T … | Continue reading
What makes a currency “real?” Is it any given government or just the imagination of the people who chose which currency they want to use? In Japan, the Cabinet has recognized that virtual currencies, including but not limited to Bitcoin are in fact similar to real money and the i … | Continue reading
Bitcoin price corrected over-night. At the time of writing decline has resumed and Gavin Andresen better call a truce in his personal stand-off with the Core developers or risk splitting off a Classic(TM) altcoin. This analysis is provided by xbt.social with a 3-hour delay. Read … | Continue reading
Recently noted Bitcoin developer and commentator, Peter Todd, interviewed Vitalik Buterin, the co-founder of ethereum. Their conversation ran the gamut, but some of the most interesting ground they covered were the public and private applications of blockchain tech. As Todd put i … | Continue reading
Keza, a New York-based startup, launched an iOS app that allows users to invest bitcoin in stocks and fixed incomes, according to Nasdaq. There are moderate, conservative and aggressive portfolios. The company has raised $357,000 and is backed by Digital Currency Group and Jason … | Continue reading
Over the weekend a conference took place billed as “Satoshi Roundtable.” For one, Satoshi was not there. And for two, even though the conference was comprised largely of self-identifying libertarians or “anarcho-capitalists,” the symbolism of the event – a Roundtable – couldn’t b … | Continue reading
Prasos, the leading Bitcoin brokerage in Finland, has announced the acquisition of the Bitcoin exchange service Coinmotion. Coinmotion of Helsinki “aims to provide a seamless platform for using Bitcoin to both consumers and vendors.” With the strategic acquisition, Prasos is posi … | Continue reading
Bidorbuy, an online auction and marketplace in South Africa and among the biggest e-commerce platforms in Africa has included bitcoin as a mode of payment for users – buyers and sellers in the marketplace. Major African e-commerce platform Bidorbuy has enabled bitcoin as a paymen … | Continue reading
Bitcoin price decline accelerated overnight. Downside progress has seen price dip below $420 earlier today, and a correction currently has price retesting this level. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now … | Continue reading
247exchange has expanded its cryptocurrency exchange services for bitcoin, Litecoin, Peercoin and Namecoin to Canada, allowing Canadians to buy cryptocurrency with CAD. Canadians can also buy bitcoin using a credit or debit card. 247exchange is owned by InterMoney Exchange, which … | Continue reading
Visa has, in a job posting, revealed that it is looking to hire a senior software engineer to be a part of its research team to help develop a “secure and scalable blockchain” network. The job posting comes via a posting by Visa Research, a newly created arm of the payments compa … | Continue reading
How private is your bitcoin wallet? The Open Bitcoin Privacy Project (OBPP), a global, not-for-profit organization devoted to improving financial privacy in the bitcoin ecosystem, attempts to offer some guidance with its Bitcoin Privacy Rating Report. OBPP has released its second … | Continue reading
Bitcoin price continues labored decline. Optimistic buying intermittently pulls price to lower highs while the technical indications in favor of additional decline are compounding. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a mem … | Continue reading
The Bank of America is developing a trail based on the blockchain for trade finance transactions in an attempt to tap into the applications of blockchain or distributed ledger technology for real world applications. Bank of America has revealed the development of a blockchain-bas … | Continue reading
HYPR Corp., a New York, N.Y.-based firm which decentralizes the storage of biometric data to enable secure passwordless authentication across mobile, desktop and IoT systems, has partnered with Palo Alto, Calif.-based BitGo, Inc. to extend biometric authentication to the blockcha … | Continue reading
Ever since the arrest of Ross Ulbricht in San Francisco, online darknet marketplaces have remained a formidable means by which individuals can procure illegal goods. Authorities, well-aware, have investigated and made arrests in the time since Ulbricht’s trial. During that time, … | Continue reading
In an announcement today, Bitcoin exchange Coinbase has announced the beta launch of a new feature that will lead to enabling US customers to purchase bitcoin instantly via debit cards. Coinbase has announced the beta launch of a new feature that will facilitate the purchase of b … | Continue reading
Bitcoin price declines reluctantly and has not achieved a new high since Sunday. Successive lows are printing in the chart and the bulls seem to be using each as an enthusiastic buying opportunity, making for a jagged decline. This analysis is provided by xbt.social with a 3-hour … | Continue reading
The Melrose Police Department in Massachusetts fell prey to ransomware that spread was triggered from a malicious email opened by a member of the department. To regain access and control of the files encrypted by the cryptographically-coded ransomware, the Police Department paid … | Continue reading
The second annual Satoshi Roundtable, a group of blockchain technology developers, investors and early adopters, discussed important issues such as block chain capacity and the scalability of bitcoin this past weekend, but according to posted comments, they did not reach any conc … | Continue reading
Two U.K. men who pleaded guilty to selling drugs on the Silk Road Marketplace website were each sentenced to five years in jail, according to The Express & Star in the U.K. Richard Hiley worked with Peter Ward, who was reported to be a major figure on the dark web and used the na … | Continue reading
South Korea’s securities exchange, the Korea Exchange (KRX) is developing a blockchain platform to link sellers and buyers to trade securities directly. Korea’s stock exchange operator is reportedly seeking to launch a platform powered by blockchain technology to stir up the off- … | Continue reading
In a press release shared jointly, Red Hat Software, ConsenSys and BlockApps announced the launch of a new offering called STRATO on Red Hat’s OpenShift container application platform. STRATO offers a single-node blockchain instance which will be where developers can test Ethereu … | Continue reading
Bitcoin price was pushed higher by eager buying today. The price move shows signs of being a corrective advance that will soon give way to the declining scenario discussed in weekend analysis. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis her … | Continue reading
In what has been one strange and cryptic piece of news after another about the troubles that Cryptsy and its founder have been surrounded by, an update of the class action lawsuit against them has been released and it expands the subjects of whom is liable for the lost assets ove … | Continue reading