The government of Jersey, an autonomous island and a dependent of the British Crown, is set to introduce new regulation for digital currency exchanges. Legislators of the State of Jersey, a British Crown dependency are amending laws to regulate digital currency exchanges in the i … | Continue reading
With just over a month to go, the countdown for the most important collective decision in living memory has now begun. We present the two contenders, starting with the Republican nominee Donald J. Trump, to ascertain the direct or, more likely, indirect effects of his policies on … | Continue reading
With his extradition to the United States on charges of racketeering, money laundering, and criminal copyright violation looming (having recently concluded an appeal), Kim Dotcom appears optimistic about his business ventures. The veteran entrepreneur whose endeavors have include … | Continue reading
Purse, an online marketplace that encourages bitcoin use and innovation, has introduced bcoin, a Javascript library to help bitcoin businesses build applications. Purse provides a full node implementation that allows it to utilize new additions to the bitcoin code base as they be … | Continue reading
Hackers who raid corporate bank accounts often launder stolen funds by depositing them in accounts owned by “money mules,” people recruited through work-at-home job scams. The mules are usually instructed to wire the stolen funds to the scammers. Increasingly, however, the mules … | Continue reading
Ahead of the Blockchain Protocol Analysis and Security Engineering 2017 conference slated for January 2017, the Cyber Initiative of Stanford University has announced its call for papers from interested presenters. The conference will explore the use of formal methods, empirical a … | Continue reading
A recent notice from the official taxation authority in Spain sees bitcoin mining fall under the purview of an economic activity, opening cryptocurrency mining to taxation. Bitcoin and cryptocurrency miners in Spain will see taxation of their profits, a recent notice issued by th … | Continue reading
Bitcoin price is setting up for advance but the consolidation process appears incomplete. A large wave of advance into the final months of 2016 is building pressure. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. … | Continue reading
JP Morgan, America’s largest bank with total assets of $2.35 trillion, is building a private blockchain based on ethereum according to a recently published presentation. JP Morgan’s Quorum, built in partnership with EthLab, co-founded by Jeffrey Wilcke, an Ethereum core developer … | Continue reading
Shanghai-based blockchain startup Antshares has raised over $4.5 million a crowdsale, enabling it to complete the first ever open-source blockchain project in China. Antshares Blockchain, an open-source blockchain project has raised over $4.5 million in a crowd sale. The funds wi … | Continue reading
A new report from Ovum has found that 75 percent of corporate treasures in Africa and Latin America are interested in the solutions that blockchain can deliver to banks. Developed in partnership with Temenos, a Swiss financial services software specialist, the report, Understandi … | Continue reading
FirstBlood, an Ethereum-based, decentralized sports platform based on smart contracts, has raised 465,312.999 ETH in a crowdsale. The FirstBlood app allows eSports fans to compete in games through an automated, decentralized platform. The proceeds from the crowdsale, which lasts … | Continue reading
The Linux Foundation-run Hyperledger Project will see a new member join the ranks, in Russia’s largest bank (by assets) Sberbank. The Hyperledger Project will now include Russian bank Sberbank among its roster of members and participants, revealed a report by regional industry p … | Continue reading
Bitcoin price continues trading above support as 4,000 CNY and $600 holds. Slowing price action implies an imminent ramp-up in volatility, yet technical analysis suggests traders wait for additional consolidation. This analysis is provided by xbt.social with a 3-hour delay. Read … | Continue reading
Called a fund management platform for the decentralized economy, ICONOMI, an Ethereum-based investment fund for cryptocurrencies and blockchains, has raised over $8.9 million in operational capital and equity through an Initial Coin Offering (ICO). ICONOMI raised $3 million in t … | Continue reading
Gavin Andresen raised eyebrows recently when he tweeted that Ethereum has more nodes now than bitcoin and that it will grow its lead as its block size exceeds bitcoin’s. Ethereum has more nodes today than Bitcoin. Prediction: it's lead will grow even as its blockchain size e … | Continue reading
Tapping blockchain technology, London-based multinational banking and financial institution Standard Chartered has announced the completion of its first cross-border real-time payment. Standard Chartered is the latest bank to successfully implement a blockchain solution for the p … | Continue reading
Following the recent statement issued by the UK Financial Conduct Authority that warned users against trading or engaging in the alleged cryptocurrency scheme OneCoin, the company has said it is “disappointed” with the regulator’s statement. As the UK’s primary financial regulato … | Continue reading
The fervent enthusiasm for blockchain technology among the banking and financial industry is a case of the innovation being “over-hyped” according to a senior executive of technology research firm Gartner. As blockchain takes center stage at the annual Swift-organized banking and … | Continue reading
DNB, Norway’s largest bank, has dismissed Norges Bitcoinforening, a recently-formed, non-profit bitcoin association, over concerns about terrorist financing and money laundering, according to e24.no, a Norwegian news site. Norges Bitcoinforening has since decided to take its busi … | Continue reading
According to an IBM survey that gathered insights from 200 global banks, 15% of those banks could be running blockchain solutions as early as 2017. While 2016 is the year that has – already – seen blockchain prototypes tested and trialed, 2017 will be the year banks start putting … | Continue reading
As Accenture files a patent prototype that would allow changes to be made to the blockchain in ‘exceptional circumstances’ the consultancy firm has come under criticism. Earlier this month, Richard Lumb, global head of financial services at consultancy firm Accenture, wrote a col … | Continue reading
Technology giant Microsoft and financial institution Bank of America Merill Lynch have announced a collaboration with the aim to “fuel transformation of trade finance transacting”, with blockchain technology. In an announcement at the annual SWIFT-organized Sibos conference, Micr … | Continue reading
Mockit, the popular eSports site which has received more than five million replays on Amazon.com’s Twitch.tv, is the platform to unveil eBoost, the world’s first cryptocurrency to be used in the eSports field. Its crowdfunding is currently underway. Created and issued by the Inte … | Continue reading
In an announcement today, the Securities and Exchange Commission said it will host a public forum to discuss Fintech innovation at its Washington D.C. headquarters in November. The Securities and Exchange Commission (SEC), the federal body which serves as the regulator for all of … | Continue reading
Stumbled upon an ingenious new cryptocurrency? Perhaps you’re the developer of your own altcoin, looking for others to take notice? Or you’re simply looking to share an interesting and undiscovered article with the cryptocurrency crowd. CoinUpVote is the community for you! With i … | Continue reading
A group of banks, the R3 blockchain consortium and Fintech startup Symbiont have created completed the trail of a proof of concept blockchain simulating an exchange of syndicated loans. An increasing number of financial instruments are being tested, successfully, for transfers an … | Continue reading
The Financial Conduct Authority, citing an investigation by the City of London Police, has issued an official warning, urging users to be wary of trading with the altcoin, OneCoin. In an official warning published yesterday, the Financial Conduct Authority in London has sought to … | Continue reading
Bitwage, a payment solution that allows employees, freelancers and contractors to be paid in a variety of payment methods, has developed a solution to enable people seeking work to provide verified references, according to a blog by Jonathan Chester, Bitwage founder and president … | Continue reading
Bitcoin exchange and services firm Coincheck will soon enable Japanese citizens to pay utility bills with bitcoin. Bills will be cheaper, compared to payments made through traditional means. Come November 2016, users in Japan will be able to pay their electricity bills with bitco … | Continue reading
A new partnership between Indian bitcoin exchange Coinsecure and global money transfer platform OKLink – a spinoff of Chinese bitcoin exchange OKCoin – will see digital currency and fiat remittances to Indians using blockchain technology. Indian citizens will soon be able to send … | Continue reading
An MLM-based investment scheme that used bitcoin as its transactional currency has gone bust, in Vietnam. A Vietnamese investment scheme that used multi-level-marketing (MLM) and bitcoin as its currency to promise investors returns of 144% a month has come to an end. MLM trading … | Continue reading
Technology giant IBM has signed a contract with the Bank of Tokyo-Mitsubishi, Japan’s largest bank, to develop and implement a blockchain based on smart contracts among business entities. The Hyperledger Project, an open-source blockchain platform led by the Linux Foundation wil … | Continue reading
The Sydney Stock Exchange (SSX) has confirmed its project to build a public blockchain platform that will drastically reduce settlement times of trades and equities. The Sydney Stock Exchange is pressing ahead with a new blockchain settlement system that will position itself as a … | Continue reading
India’s third-largest software and information technology firm Wipro Ltd., has established a blockchain research facility in India’s IT capital of Bangalore. The IT giant is looking to develop real-world applications and software based on distributed ledger or blockchain technolo … | Continue reading
The halving of the bitcoin block reward this past July has changed the profitability of new miner entries, a development that could ultimately impact bitcoin’s decentralization, according to Sveinn Valfells of Flux, Ltd. and Jon Helgi Egilsson of the Faculty of Economics at the U … | Continue reading
The Roskomnador, Russia’s federal administrator of telecommunications and the internet has blocked access to prominent peer-to-peer bitcoin exchange platform LocalBitcoins. In a move that won’t come as a surprise to the cryptocurrency community, Russia’s telecom regulator has blo … | Continue reading
A senior central bank official has stated that the priority of the Bank of England is to create a regulatory approach to Fintech as it understands its impact, according to Reuters. Victoria Cleland, the BoE’s Chief Cashier, explained that the risks and advantages of digital curre … | Continue reading
The Deputy Chairman of Russia’s central bank has poured cold water on the frenzied buzz surrounding blockchain, opining that the innovation is still years away from being adopted by the banking industry. Speaking at a banking conference that focused on Russian banks in the 21st c … | Continue reading
Revelator, a cloud-based provider of sales and marketing intelligence for independent music businesses, has raised $2.5 million this week in its recent Series A funding round led by Exigent Capital. Revelator promises to efficiently track music rights and distribute royalties to … | Continue reading
New television series cements the digital currency in primetime. Bitcoin has made its way into the popular mind and most recently this can be seen with depictions in television, of which there have been a great many. But, perhaps most interesting, entire series are taking Bitcoin … | Continue reading
Krypton, an Ethereum-based blockchain, has announced that in order to protect its token coin KR from being stolen from exchanges through a double spend it has decided on a temporary course of action. In an announcement today, founder of Krypton Stephanie Kent said: Krypton is mov … | Continue reading
Bitcoin price was drawing close to its 4hr candle chart 200-period moving average (200MA). A surpise break above this level opened advance yesterday. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price An … | Continue reading
The Chinese government is to use blockchain technology for social security payments such as unemployment benefits and pensions. According to China Daily, Wang Zhongmin, vice-chairman of the National Council for Social Security Fund states: “There’s no doubt that blockchain techno … | Continue reading
For the first time ever, Apple’s approved blockchains and cryptocurrencies have been revealed. The biggest technology firm in the world did this after reaching out to Anthony Di Iorio, founder of Jaxx, a crypto-currency wallet, to tell him they could no longer feature a version o … | Continue reading
Bitcoin price is drawing close to its 4hr candle chart 200-period moving average (200MA). Crossing above it will signal an intermediate period of advance. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Pri … | Continue reading
Tonybet.com, an online betting and gaming site, has started to allow players to make deposits in bitcoin, then convert the funds to regular currency while playing, the company announced on its website. TonyBet is managed by Tonybet OU in Tallinn, Estonia and is licensed and regul … | Continue reading
Fan Yifei, vice-governor of the People’s Bank of China believes the best way to make the most of digital currencies is to supervise them and to create their own digital currency. Writing in the Bloomberg View column, Fan states that in order for the PBOC to tackle the challenge o … | Continue reading