The Deputy Finance Minister of the Russian Federation has now stated that the spread of bitcoin in Russia does not represent a threat the country’s financial ecosystem, at its current rate of adoption. As such, the plan to ban the cryptocurrency is now paused. Alexei Moiseev, the … | Continue reading
In the past few days, we have focused on the long term chart of Bitcoin. We have a reasonable degree of confidence that the long-term trend remains up, so we want to keep an eye out for opportunities to go long, rather than short. From today we will look at the daily chart to ge … | Continue reading
The never ending bitcoin blocksize debate returns to the forefront as ViaBTC, a new pool with around 10% network hashrate, moves all of its mining operations to Bitcoin Unlimited. In a new public statement, ViaBTC delivered the most scathing criticism yet of the current bitcoin s … | Continue reading
A molecular information company called Medicinal Genomics (MCG) has partnered with 12 cannabis processors and cultivators to develop genomics-based safety and quality standards, and they are using the bitcoin blockchain to track DNA sequencing cannabis strains. Inconsistent Strai … | Continue reading
In what will come as welcome relief to bitcoin adopters in the country, Japan is set to end its 8% ‘consumption tax rate’ imposed on buyers of bitcoin through digital currency exchanges. Japan is now looking to end the sales-tax collection on transactions related to purchases of … | Continue reading
Millions have been raised in minutes over the past few weeks as new business models form on top of Ethereum. However, even while the network was under DoS and Vitalik called for a temporary pause, some rushed through their token sale. What are, therefore, the legal, practical and … | Continue reading
The president and chief operating officer of Nasdaq, Adena Friedman, has said that it is hoping to share information with the Hong Kong Stock Exchange on its blockchain technology, according to a report from the South China Morning Post. According to Friedman, it has become a pri … | Continue reading
Barclays Bank received the most complaints in the first half of 2016 of all financial services firm, according to latest figures from the UK financial regulator. The Financial Conduct Authority said that between January and June Barclays complaints increased 3% from the second ha … | Continue reading
There is no shortage of ideas about how to meet the bitcoin scaling challenge. More importantly, however, is the willingness of the community to share its ideas and work on ways to bring them to fruition. This much was obvious from this weekend’s Scaling Bitcoin “Retarget” confer … | Continue reading
Presidential Candidate Hillary Clinton believes Wall Street insiders can lead financial reform of themselves. The revelations, however, did not grab the attention of mainstream media unlike chauvinistic comments made by her opponent, Republican Presidential Candidate Donald Trump … | Continue reading
Ripple has reached an all-time high in market capitalization, according to CoinMarketCap. Ripple’s CoinMarketCap chart threw up unexpected numbers this morning. Whether an error or a rabid surge, Ripple registered an explosion in market capital early Monday morning (GMT), scaling … | Continue reading
Keene, New Hampshire launched a local bitcoin radio ad campaign today in a bid to empower local bitcoin owners so that they can keep more from each sale instead of paying a percentage fee to credit card companies. When it comes to the adoption of bitcoin, Keene is considered a fo … | Continue reading
Lael Brainard, Federal Reserve Governor, made the case this Friday for blockchain technology in a speech delivered at the Institute of International Finance Annual Meeting announcing a “working group that is engaged in a 360-degree analysis of financial innovation across the broa … | Continue reading
A section of US Democrat and Republican congressmen now agree to something about cryptocurrencies: the need for them, as lawmakers, to know more about what it is. According to U.S. Rep. Mick Mulvaney, most of the lawmakers do not know the difference between bitcoin and the blockc … | Continue reading
For anyone familiar with the dark net markets on the Deep Web, exit scams – the sudden disappearance of a market’s website and forum without any legitimate explanation, along with the bitcoin or any other cryptocurrency held in escrow, such as a hacking, DDoS attack, or seizure b … | Continue reading
Long-time readers of CCN may remember me. I was a technical analyst in 2014 reporting on Bitcoin price from a traders’ perspective. I believe many readers will find my analysis a bit different from those of other technical analysts. While I am familiar with the indicators used … | Continue reading
Properties in Cook County, Illinois, will be the first to be conveyed in a blockchain by a government agency, according to cre.tech, a news source for commercial real estate technology. Velox, a blockchain technology provider, will provide the technology that will furnish better … | Continue reading
Blockchain technology has won accolades for improving efficiency and transparency in business operations. It has also been seen as improving security. But blockchain security is a complex issue that pits anonymity against trust, according to IBM’s Security Intelligence, a thought … | Continue reading
Earlier this week, the Polish government opened up the floor to bitcoin and blockchain issues, with an open meeting organized by a member of parliament that saw participation from the Polish Bitcoin Society. In a first of its kind meeting this Monday, October 3rd, an open televis … | Continue reading
Voice will be the first Russian-language social media platform built on top of a blockchain. With cyber.Fund using Steemit as a template, Voice is intended to cater to the uniqueness of the Russian people, as contributions to the Steemit website are primarily in English, although … | Continue reading
MGT Capital Investments, the John McAfee-led investment firm that owns operates a bitcoin mining facility in Washington has begun “Phase Two” of its mining operations, which sees a goal to expand its processing power to more than five PetaHash this year. New York-based MGT Capit … | Continue reading
Ethereum-based investment fund platform, ICONOMI, has set a record by raising the 11th largest crowdsale in history through its Initial Coin Offering (ICO), which was completed last month. In September, the Slovenian-based company announced that it had raised more than $8.9 milli … | Continue reading
The Bank of Russia has developed and tested on an Ethereum-based blockchain prototype called ‘Masterchain’ for financial messaging, to be used by banks in Russia. The Bank of Russia, the country’s central bank, has developed a technical prototype called ‘Masterchain’. The prototy … | Continue reading
Ether Camp, organizers of the biggest hackathon in the blockchain space, with now 1,086 hackers taking part, is to launch a new token – Hacker Gold – through which start-up tokens can be acquired. Roman Mandeleil, founder of Ether Camp, which is to hold its second hackathon in No … | Continue reading
Today marks a significant day for Ross Ulbricht, founder of Silk Road, as he rests his hopes on an appeal that could see him spending any part of his sentence outside prison. Before Silk Road was seized by the FBI in 2013, it was considered as the most sophisticated marketplace o … | Continue reading
Readers may remember our coverage of a Roger Ver interview from a few days ago where the veteran Bitcoiner and entrepreneur told Bitcoin Uncensored that Lightning Network was still untested and could take a long time to get off the ground. At the time, he was right. But this morn … | Continue reading
The CFPB, the government agency overseeing consumer protection in the financial sector has not included bitcoin and other virtual currencies and related products from its new prepaid regulatory requirements. Virtual currencies like bitcoin and related products are outside the sco … | Continue reading
A senior Bank of Japan (BoJ) official has stated that bitcoin and other Fintech innovation isn’t a threat to the fiat money central banks print. According to Hiromi Yamaoka, head of the BoJ’s payment and settlement systems department, central banks need to maintain the public’s t … | Continue reading
Attendees at this weekend’s Hackers Congress Paralelni Polis were able to buy Red Bull from a vending machine using bitcoin. The three-day hacking congress sponsored by the Institute of Cryptoanarchy was held in Holešovice, near Prague. The vending machine at the hackers congress … | Continue reading
IBM has invested $200 million USD in the Watson Internet of Things (IoT) global headquarters in Munich, Germany, including new IoT capabilities related to blockchain. IBM will support Watson IoT Technologies efforts to deliver insights from billions of sensors in cars, drones, ma … | Continue reading
Gavin Wood, founder of Ethcore, maintainers of Parity, Ethereum’s second most used client, has called for a hardfork stating that it would instantly fix “the underlying flaws that the attacker is exploiting.” For more than two weeks Ethereum has been undergoing a number of Dos at … | Continue reading
Following the Brexit vote in June, there has been a significant drop in venture capital funding in London, prompting some to think that the city could lose its position as the FinTech capital. According to a report from the Financial Times, new figures released show that funding … | Continue reading
It appears that the Central Bank of Kenya considers bitcoin, and cryptocurrencies in general, to be a threat, and has issued a statement discouraging the use of bitcoin in Kenya. Their justification for this stance is their assumption that the unregulated nature of the Bitcoin pr … | Continue reading
In a significant endorsement of blockchain technology, the underlying innovation of bitcoin, the Dubai government will see of its documents on a blockchain. The government of Dubai will see all of its documents on a blockchain by the year 2020. The announcement was made via the D … | Continue reading
Factom, a startup that developers solutions that leverages the bitcoin blockchain has raised $4.2 million in a new round of funding led by Tim Draper of Draper Associates. Factom Inc., a blockchain technology company that has previously revealed major projects such as creating la … | Continue reading
Antony Lewis, the former director for business development at bitcoin exchange Paxos, has now joined private banking blockchain consortium led by New York-based R3. A former executive who oversaw business development with a focus in Asian markets for bitcoin exchange Paxos (itBit … | Continue reading
Brave, a browser that improves browsing speed by eliminating unwanted ads has generated largely positive feedback from users. Brave was developed as a solution for web users frustrated with the pervasive advertising that slows data connections and clogs web pages with tracking pi … | Continue reading
Richard Branson, Virgin Group founder and billionaire entrepreneur, said yesterday at an event in London that the blockchain technology could create an ‘economic revolution’ to numerous countries worldwide. At the Virgin Disruptors Week in London, Branson took some time out to ta … | Continue reading
Calling electronic voting “inevitable,” a new paper by Philip Bucher for the European Parliament speculates on the possibility of Bitcoin’s revolutionary blockchain technology to bring transparency, efficiency, and greater fairness to elections in its various member democracies. … | Continue reading
Bitcoin is an example of a new innovation that will see the current financial infrastructure governed by central banks challenged, as the current negative/zero interest rates threaten capitalism itself, says billionaire Bill Gross, the financial manager who runs the Janus Global … | Continue reading
The Sydney Stock Exchange (SSX) has successfully prototyped its open blockchain ledger for real-time issuance and allocation of equity security, within a month after confirming the project. Following its mid-September confirmation that it is pressing ahead to build an open, publi … | Continue reading
Peter Rizun, known to many simply as “Peter R.,” made a recent summary post on Medium outlining a way for projects which aim to scale within the framework of Bitcoin Unlimited. Bitcoin Unlimited is an ongoing fork of the Bitcoin project which allows for larger blocks. It is an an … | Continue reading
A newly formed coalition of over 50 prominent lawyers in the United States will help digital currency users – individuals – who are unable to afford legal services, with pro bono attorney referrals. A new coalition, called the Digital Currency and Ledger Defense Coalition (DCLDC … | Continue reading
Rob Reeg, president for operations and technology at multinational payments giant Mastercard has revealed that while the company is invested in blockchain technology, he doesn’t care for Bitcoin. The global payments landscape is primarily dominated by Visa and MasterCard, in that … | Continue reading
Potentially in an effort to avoid any censorship or seizure of funds to get his new project off the ground, Kim Dotcom’s Megaupload2 and Bitcache funding round at Bnk to the Future is only accepting Bitcoin. While most investments on the platform allow for investments in variou … | Continue reading
A strong turnout of engaged listeners at the recent Blockchain & Bitcoin Conference in Kiev reflects the high level of bitcoin interest in the Ukraine as it fights recession, according to NASDAQ. One of the main speakers, however, Max Krupyshev, COO of Cubits, a London-based bitc … | Continue reading
ACINQ, a French startup that develops bitcoin products, successfully tested the Bitfury Group’s payment routing solution called Flare on the Lightning Network, according to an ACINQ press release. The test bodes well for addressing the bitcoin scaling challenge. Bitfury Group’s w … | Continue reading
Continuing its global expansion plan, New York-based bitcoin and ether exchange Gemini, founded by the Winklevoss twins, has begun operations in Hong Kong and Singapore. Users in Singapore and Hong Kong will be now be able to access Gemini, the Winklevoss twins’ digital currency … | Continue reading