The Keza app, an IOS app which allowed users to invest in bitcoin stocks and fixed incomes, has closed down shortly after launching, according to its website. The project had received $357,000 in funding backed by Digital Currency Group and Jason Calacanis of HOF Capital. The clo … | Continue reading
Recently the Russia’s National Settlement Depository (NDS), an organization that provides settlement and depository services, began testing blockchain technology as a potential solution for a corporate e-proxy voting system. The results will not shock you but the origin of praise … | Continue reading
This is part 3 of CCN’s “Peace & Stability Through the Blockchain” Series. For part 1, click here. For part 2, click here. So far, we’ve gone over the precedent some of the multinational corporations exploring blockchain technology have set historically about promoting peace thro … | Continue reading
The hacking heist of $81 million from the Bangladesh central bank demonstrates the vulnerability of many banks’ existing financial security platforms that cry for blockchain-based security. Investigators at BAE Systems, a U.K.-based defense contractor, believe the attackers hacke … | Continue reading
Bitcoin exchange Coinbase has announced that it now enabled instant purchase of bitcoin via debit cards. The feature is available to all users in the United States. Coinbase users in the United States will, like their European counterparts, have the means to instantly buy bitcoin … | Continue reading
Japan’s first blockchain industry organization, the Blockchain Collaborative Consortium (BCCC), sees 34 companies as founding members coming together. BCCC will help promote blockchain solutions and innovation to the public as well as working with other blockchain organizations f … | Continue reading
Frequent bitcoin- and blockchain-focused investment firm Digital Currency Group now sees Western Union as an investor in a new funding round. Money-transfer giant Western Union is Digital Currency Group’s newest investor, in a new funding round. Digital Currency Group (DCG) is al … | Continue reading
For cryptocurrency enthusiasts, there are quite a few options where they can do business in regards to trading and exchanging one type of digital currency for another via a digital exchange. Some exchanges offer sophisticated trading options with limiting, stop order and more. Ho … | Continue reading
Bitcoin price has recovered from sell-off lows at $434 and 2800 CNY today. Can the market bounce price through resistance and continue to new highs? Or has yesterday’s lack of commitment at a critical moment cut bitcoin’s price wings? This analysis is provided by xbt.social with … | Continue reading
EdgeVerve Systems’ newly-introduced Blockchain Framework furthers the adoption of blockchain technology by the global financial services sector. A subsidiary of Infosys, which offers the Infosys Finacle universal banking solution suite, EdgeVerve introduced the product at the Inf … | Continue reading
At a Blockchain Conference in San Francisco last month, a spat between Tone Vays, Head of Research at Bitcoin news portal Brave New Coin, and Safe Cash’s Chris Kitze, highlighted the paradigm shift in the blockchain technology industry. Whereas historically Bitcoiners have often … | Continue reading
BTC-e, a European exchange, has added bitcoin-based trading pairs on Ethereum and Dash, extending the trading possibilities for these coins, according to Finance Magnates. Ethereum and Dash are the second and fifth largest cryptocurrencies, respectively, based on market capitaliz … | Continue reading
Leading Japanese bitcoin exchange bitFlyer has revealed the successful completion of a ¥3 billion ($27 million) funding round, the largest funding round ever by a bitcoin and Fintech company in Japan. In a funding round led by Japanese investor SBI Investment and Tokyo-based vent … | Continue reading
Bitcoin price sold-off from $470 (Bitstamp) and 3100 CNY earlier today. A Fed rates announcement is widely expected to catalyze global market trends later on Wednesday, yet the bitcoin market just took profit, for good measure, before the Fed even spoke. This analysis is provided … | Continue reading
The British government is considering disbursing research grants using bitcoin or some other blockchain-based currency, according to Matthew Hancock, the Minister of the Cabinet Office and Paymaster General. In a speech at Digital Catapult, a government-funded think tank., Hancoc … | Continue reading
The Bitstamp Price Index came close to hitting the $470 mark late on 26th April. The bitcoin price is the latest in a series of key milestones of $444, 450 and $460, all setting respective yearly highs. Bitcoin has been experiencing a resurgence, with a rally began last week foll … | Continue reading
Is the hype over distributed ledger technology (DLT) overblown? Not according to Yves Mersch, a member of the European Central Bank (ECB) executive board. Speaking to the Deutsche Bank Transaction Bankers’ Forum in Frankfurt yesterday, Mersch said in his prepared remarks that DL … | Continue reading
A bitcoin transaction of 291.241 BTC saw a fee of 291.2409 BTC, making it an entirely generous fee from the user toward the miner or, more likely, a huge error on the user’s part. Eagle-eyed bitcoin enthusiasts spotted a notably large transaction on the blockchain, one which stoo … | Continue reading
In a majority vote, the European Parliament’s Committee on Economic and Monetary Affairs has voted to adopt its virtual currencies and blockchain report. The vote comes during a time when the Commission is looking to bring digital currency exchanges under the purview of its Anti- … | Continue reading
With the announcement of Gem Health, Gem is continuing their impressive growth in delivering blockchain platforms for smart networks. Gem has always made it clear that they consider healthcare to be an attractive target for their solutions. With this announcement they have taken … | Continue reading
Itaú Unibanco, the largest private sector bank in Latin America has announced a partnership agreement with private blockchain consortium R3, making it the first Latin American bank to join the banking blockchain collective. Joining the ranks of over 40 other global banks, Itaú Un … | Continue reading
While Russian authorities are currently going through the notions to enforce a ban on bitcoin and cryptocurrencies, the hardline stance could change in the future. The Federal Financial Monitoring Service of the Russian Federation (also known as Rosfinmonitoring) has revealed tha … | Continue reading
Bitcoin price continues consolidating to resistance at $470 (Bitstamp) and 3000 CNY. Technical analysis looks at the significance of these levels and what they suggest for trend. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a membe … | Continue reading
The US government is trying to recruit blockchain developers to consult on blockchain and bitcoin developments. This should come as no surprise considering the interest in blockchain technology demonstrated by the world’s largest banks via the R3 CEV project, and the largest tech … | Continue reading
Why is ransomware the new rage? Denis Sinegubko, the founder of Unmask Parasites and senior malware researcher at Sucuri, a network security firm, notes in a Sucuri blog that the answer to this question has to do with the way ransomware demands are paid. Unlike false anti-viruses … | Continue reading
Kathleen Moriarty, who was instrumental in directing the setup of exchange traded funds (EFTs) from a legal perspective in the early 1990s, is supporting a bitcoin ETF, which she is optimistic about, according to The Wall Street Journal. An ETF is a marketable security that track … | Continue reading
Afrikanus teaches young people how to be entrepreneurs in Ghana. He works with Bitnation to issue blockchain-based title deeds and establish what he terms a “Free Economic Enclave” in northern Ghana, where the poorest parts of the nation are located. Ghana, a nation of 27 millio … | Continue reading
European bitcoin exchange Bitstamp has become the first fully licensed bitcoin exchange in Europe. The license will go into effect on July 1st and marks the first time that a bitcoin exchange acquires the license as a fully regulated payment institution, in the world. Bitcoin exc … | Continue reading
Bitcoin price pushed to $470 (Bitstamp) overnight and then corrected for most of today. At the time of writing a series of green candles from the low shows determined buy-power aiming for a new high. Can the bulls do it? This analysis is provided by xbt.social with a 3-hour delay … | Continue reading
Nobody cares when or what price you first bought Bitcoin. Many people use this as a refrain to establish their legitimacy, but it highlights a paucity of other things which to discuss. It’s an “I” centric statement that degrades the overall discussion around Bitcoin. Laughably, p … | Continue reading
Alongside 14,000 terms and phrases, Bitcoin has been added to the Merriam-Webster Unabridged. The company has also revised, updated and enhanced hundreds of entries. Many of the words added to Unabridged have been used in popular culture for much longer than Bitcoin. That Bitcoi … | Continue reading
Bitcoin price is on an advance, pushing ceilings higher after scaling $440 to reach $450 last week. On Sunday, bitcoin price scaled to $460. In the early hours of Monday, the Bitstamp price index was trading at a new record high for the year at $470.02. The price of bitcoin is go … | Continue reading
Osterman Research recently completed what it calls a “first-of-its-kind” database security industry report. According to the study, just 19 percent of organizations enjoy “excellent” visibility into data and database assets. As Osterman states, “this level of visibility is necess … | Continue reading
Bitcoin price pushed above $450 and 2900 CNY overnight and at the time of writing is retesting a resistance level it pushed through to make the new high. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a … | Continue reading
Police arrested Michael Murgio in Palm Beach, Fla. for participating in a scheme to pay bribes to allow the Coin.mx bitcoin exchange gain control of a New Jersey credit union, according to Fortune. Prosecutors claim the scheme stole information on 100 million people. Murgio, 65, … | Continue reading
Bitcoin price re-attempted $450 (Bitstamp) and 2900 CNY (BTCC) earlier today. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: … | Continue reading
Mike Hearn wrote a Medium post which went viral and was the topic of much debate in the Bitcoin world. In his opinion, the Bitcoin community was dead. He wrote: “[Bitcoin] has failed because the community has failed… Worse still, the network is on the brink of technical collapse. … | Continue reading
Custos Media Technologies, a Stellenbosch, South Africa-based company that uses the blockchain to fight media piracy, marks one of the more unusual but interesting commercial applications of bitcoin. A pair of academics, G-J van Rooyen and Dr. Herman Engelbrecht, came up with the … | Continue reading
Bitcoin price achieved $450 (Bitstamp) and 2900 CNY (BTCC) overnight. Since then price has entered a pullback that appears incomplete at the time of writing. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and recei … | Continue reading
Cashila, a bitcoin payment and bitcoin-to-euro conversion service, has partnered with Bitnik Reload, a Slovenian bitcoin service that automatically repurchases spent bitcoin from exchanges. The partnership will allow people to live truly on bitcoin, according to Jani Valjavec, co … | Continue reading
Loyalty and payments platform provider nanoPay had a memorable start to 2016. The Toronto-based startup acquired MintChip, a digital currency developed by the Canadian Mint as a fiat alternative to bitcoin and originally backed by the Canadian dollar. With the acquisition, nanoPa … | Continue reading
The news last week that production for Bill & Ted 3 will most definitely begin soon came as welcomed news to the Internet. In 1989, when Bill & Ted’s Excellent Adventure was released, there was no Internet, and George Herbert Walker Bush was President. That’s a long time ago, dud … | Continue reading
A father-son duo from the state of Louisiana pleaded guilty to operating an illegal, unlicensed bitcoin exchange. An announcement from the U.S. Department of Justice revealed that Randall Lord, 58 and his son Michael Lord, 29, both from Shreveport, Louisiana, plead guilty to one … | Continue reading
The draft law proposed by the Ministry of Finance in Russia to ban the circulation of cryptocurrencies like bitcoin in the Russian Federation is delayed in its entry to the State Duma. A proposal by the Finance Ministry that is seeking to officially ban bitcoin and cryptocurrenci … | Continue reading
Bitcoin price has made gains over the past few days to set a new 3-month high of $443.69 today. The Bitstamp Price Index struck $440 at 16:00 yesterday, April 20 and has remained to hover over the figure ever since. At the time of publishing, the price of bitcoin was trading at $ … | Continue reading
Ed Moy, a former U.S. Mint Director, has recommended cryptocurrency like bitcoin as one of three useful ways to diversify your personal portfolio, according to Newsmax’s finance section. As long as the Internet exists, digital currencies such as bitcoin will have value, and they … | Continue reading
Kraken, one of the largest bitcoin exchanges in the world has announced the appointment of Edward Stadum, a lawyer and fintech advisor with over five decades of legal experience and insight into international law. Global Bitcoin exchange Kraken has hired Edward M. Stadum as its G … | Continue reading
Palo Alto Networks has discovered a unique malware family that can mine bitcoins via the victim’s CPUs and GPUs. The malware, called PWOBot, is completely written in Python and compiled via PyInstaller, generating a Microsoft Windows executable, according to a Palo Alto Networks … | Continue reading