It has been said plenty of times in the past and it’ll be said again in the future. Taavet Hinrikus, CEO of TransferWise, a popular peer-to-peer international money transfer service has stated that bitcoin, is dead. TransferWise is a prominent player in the Fintech space. Founded … | Continue reading
Bitcoin price pushed to a new high at resistance today, and we have to ask: Why another high when your bitcoins are fundamentally threatened? 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 discoun … | Continue reading
Editor’s Note: This is part 1 of CCN’s “Peace & Stability Through The Blockchain” Series. As Zbigniew Brzezinski wrote in The New York Times, an ongoing global political awakening means more politically enlightened people, who hold a better understanding of colonialism and empir … | Continue reading
Olga Skorobogatov, deputy chairman of the Bank of Russia (Russia’s central bank) has, in a blockchain conference, spoken about the possible development and creation of a national digital currency in the Russian Federation. Speaking at the “Blockchain and Open Platforms” conferenc … | Continue reading
The ShapeShift.io bitcoin exchange expects to be back online soon after rebuilding its infrastructure on account of hot wallet thefts, according to a Reddit post by Erik Voorhees, company CEO. Shapeshift’s website currently states it is upgrading its infrastructure and will be do … | Continue reading
Bitcoin price continued sideways today in low volume trade that is looking more and more likely to turn to decline. 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. Bi … | Continue reading
With April coming to a close and the halving in three months, bitcoin’s scalability is reaching decision time. Following a year of heated debate, wide consensus has been achieved on a maxblocksize increase, segwit deployment and support for the Lightning Network. The only outstan … | Continue reading
In one of the first instances of blockchain technology developed and tested for accounting systems rather than post-trade settlement and securities processes among financial institutions, the SBI Sumishin Net Bank in Japan has conducted a successful blockchain test which saw dist … | Continue reading
When Balaji Srinivasan talks, people listen. As a co-founder of 21 Inc., the company that has raised more money in the cryptocurrency space than any, Srinivasan naturally gains attention when he talks about cryptocurrency’s future. He recently set off a volley of engaging comment … | Continue reading
Adam Draper, the founder and CEO of BoostVC, a Silicon Valley accelerator focused on bitcoin, stopped by Wall Street Journal’s MoneyBeat and spoke with Paul Vigna. Draper was an early investor in Coinbase in 2012. He discussed with Vigna, for the most part, the evolution of Bitc … | Continue reading
Hana Financial Group, a large bank holding company that specializes in a multitude of financial services including banking has now joined the financial blockchain consortium led by R3. Global private blockchain consortium R3 sees its first Korean financial institution join its ra … | Continue reading
Russia’s Investigative Committee Chairman Alexander Bastrykin has, once again, opined that virtual and cryptocurrencies like Bitcoin are money substitutes or surrogates that need to be outlawed. He also claimed that virtual currencies are “often used” for the financing of terrori … | Continue reading
Bitcoin price wasted more time below resistance, today, as the bulls bought into an assumed rally. Indeed, a rally is possible, but the exchanges have more to gain from pulling price down into liquidation than giving small fish retail traders what they explicitly want. This analy … | Continue reading
Coinroll, a bitcoin casino, noted on its website that some customers reported their funds were stolen. A security researcher for MacKeeper, a Mac security firm, found a database of information about Coinroll customers that anyone could have downloaded, according to Softpedia. Coi … | Continue reading
Global Bitcoin payment processor BitPay has notified users to of a newly discovered Trojan virus that is affecting some bitcoin purchases. Notably, the virus has not compromised any user wallets of payment systems. In an alert issued on Friday, bitcoin payment service provider Bi … | Continue reading
Secrecy scandal after secrecy scandal have rocked the financial world since the 2008 financial crisis. In early 2014, the LIBOR scandal uncovered the manipulation of Forex markets. Last week, the Panama Papers detailed the behavior of Panamanian law firm Mossack Fonseca, which ha … | Continue reading
Former New York regulator Benjamin Lawsky, who oversaw what many consider the most restrictive state bitcoin regulation known as BitLicense, now works as a counsel and media liaison for Axoni, a blockchain technology firm that uses blockchain in settling derivative transactions, … | Continue reading
Bitcoin price touched long-term resistance in the Bitstamp chart, today. Although the picture looks different across different exchange charts it is clear an important moment for the longer-term outlook has arrived. This analysis is provided by xbt.social with a 3-hour delay. Rea … | Continue reading
Jeff Garzik, a bitcoin code veteran, offered some insight into his purpose for launching Bloq a code-for-hire service to develop features for blockchain software and provide access to blockchain support. In a podcast interview on Bitcoin Uncensored co-hosted by Chris DeRose, a se … | Continue reading
Bitcoin price was eagerly traded to the upside today in wave that now appears to have topped out just below long-term overhead resistance. Upward continuation will break resistance and herald a rally, but so far it looks like price is falling back into the consolidation range. Th … | Continue reading
The blockchain project New Economic Movement (NEM) has big goals; namely, re-creating the economic system without the predominance of traditional power brokers. As the project’s website states: “NEM is a movement which aims to create a new economy based on the principles of decen … | Continue reading
Over the course of next week, the European Parliament will host a four-day conference in an effort to educate members of the European Parliament about distributed ledgers and virtual currencies. A non-commercial conference organized next week by the European Parliament is being p … | Continue reading
Auroracoin suddenly spiked last week, perhaps upon the leak of the Panama Papers. The papers promptly angered Icelanders, who now feel that the nation is suffering yet another 2008. Although Auroracoin has not been an overwhelming success, it’s market cap has increased three-fol … | Continue reading
Following the temporary closure of trading and the subsequent downtime of the website in its entirety, bitcoin and digital currency exchange ShapeShift has now revealed that the instigating hack stemmed from an insider who previously worked with the exchange. In a new Reddit post … | Continue reading
A Bitcoin Core addition called Opt-In Replace-By-Fee (Opt-in RBF) allows transactions to be flagged as replaceable and replaced until the transaction gets confirmed in the next block, according to Nasdaq. It gives wallets the chance to add a signal to a transaction that gives per … | Continue reading
Bitcoin price kept within its corrective range around $425 Bitstamp today. As has become the daily pattern during 2016, the bulls and bears are fighting for dominance and the current wave’s direction. This analysis is provided by xbt.social with a 3-hour delay. Read the full anal … | Continue reading
John C. Williams, president and CEO of the Federal Reserve Bank of San Francisco, Calif., sees fintech as holding great promise for the financial system, but he also believes regulation plays an important role in allowing fintech to fulfill its potential. Speaking to the LendIt U … | Continue reading
Two websites, both very fundamental to the functioning of the “alt-coin” market, have been unreliable in the last week for various reasons. First, the website Shapeshift.io believed its infrastructure had been compromised. CEO Erik Vorhees shared this message: Hello everyone, We … | Continue reading
BIT.AC, a London-based crypto wallet, has a built-in exchange and accommodates 14 different cryptocurrencies. The wallet allows users to instantly convert from one cryptocurrency to another. Currencies include bitcoin, Ethereum, Litecoin, Peercoin, Dash, Monero, Factom, Dogecoin, … | Continue reading
One of Donald Trump’s many campaign promises if he is elected President of the United States is a tall wall along the Mexico-U.S. border. Mexico is footing the bill, if it were up to the Donald. Refuse and Trump will put the brakes on the $24 billion remittance flow from U.S. to … | Continue reading
Australia’s standards authority, Standards Australia, has asked the International Standards Organisation, commonly known as ISO, to commence work on setting global standards for blockchain technologies. Geneva-based ISO, the international standard-setting body that is widely reco … | Continue reading
Bitcoin trading sold price from the $425 price level and is now turning back up in what should be a telling price move. 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 … | Continue reading
The United Kingdom has established a role as a global fintech leader and the government is committed to continuing this leadership, according to Harriett Baldwin, MP at HM Treasury. Baldwin announced several new steps the country is taking in this direction at Innovate Finance’s … | Continue reading
One of the largest bitcoin and cryptocurrency exchanges in the world, Kraken, has announced an investment from a leading Japanese foreign exchange brokerage, in the exchange’s Series B round of financing. Cryptocurrency exchange Kraken has announced an investment from Tokyo-based … | Continue reading
Coming up on May 19th, 2016, the Blockchain & Bitcoin Conference Prague will be held in the Central European location of the Czech Republic. Previous conferences and others held in 2016 take place in locations such as Moscow and St. Petersberg Russia and Kiev, Ukraine. Besides th … | Continue reading
Home-rental and accommodations giant Airbnb has “acqui-hired” a number of engineers from the development team at ChangeCoin, the startup behind popular bitcoin micropayments service ChangeTip. An undisclosed number of employees at ChangeCoin, the company behind bitcoin tipping se … | Continue reading
Bitcoiners have a knack for rebellion. They champion above all else the decentralized nature of Bitcoin, and how it can’t be controlled by a central bank or other centralized entity. They can carry an aversion to banks – private or public – and governments, as well. That explains … | Continue reading
Bitcoin price eeks it out in a narrow range. Some lows, some highs but none of them to a new extreme. The eventual direction of trend remains unclear. 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 $2 … | Continue reading
MMM Global has announced that it is closing its Republic of Bitcoin, a website promising up to 100% returns on donations. The company, called a “Ponzi” scheme by many, stated in a blog that the Republic of Bitcoin was an experiment that has failed. The post said the Republic of B … | Continue reading
With the halving looming and transaction capacity maxed out, some are predicting a doomsday scenario. Much, therefore, depends on the Lightning Network. A “decentralized network using smart contract functionality in the blockchain to enable instant payments” which is capable of a … | Continue reading
Distributed financial settlement solutions provider Ripple has announced the hire of Marcus Treacher, a veteran in transaction and payment systems banking. Treacher is a former executive at HSBC and member of the Global Board at SWIFT. In a press release, Ripple has announced a n … | Continue reading
A proliferation of illegal activities admittedly took place on darknet Silk Road marketplace. Very quickly, politicians like Charles Schumer took aim at the Silk Road. Brought down in 2013 by law enforcement, the Silk Road did put an idea into society that is likely here to stay; … | Continue reading
The Chamber of Digital Commerce (CDC) has launched the Global Blockchain Forum (GBF), a partnering of the leading trade associations for the blockchain and digital asset industries. The goal is to create industry best practices and international regulatory interoperability. Found … | Continue reading
CoinWallet, an online bitcoin and multicoin wallet service has announced the closure of its services. The announcement cites a recent data breach that struck the wallet and bitcoin services provider on April 6, 2016. Online multicoin wallet service Coinwallet is shutting down its … | Continue reading
The Australian Digital Currency and Commerce Association (ADCCA) is recommending a code of conduct for bitcoin companies on account of the inability of the Igot bitcoin exchange to deliver bitcoins people paid for or refund their money, according to ABC. Igot clients said the exc … | Continue reading
For decades, Latin American elections have been rigged. In the 21st century, technology has abetted the practice, resulting in the region’s dirtiest elections over the past half-decade. And, when hacking an election, Bloomberg reports, using Bitcoin is crucial. As Enrique Peña Ni … | Continue reading
Bitcoin price eeks it out in a narrow range. Some lows, some highs but none of them to a new extreme. The eventual direction of trend remains unclear. 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 $2 … | Continue reading
A report has revealed that Russia’s Central Bank is considering a blockchain, albeit not the Bitcoin blockchain, to be used among banks in Russia to store all transactions on a shared distributed ledger. In a nod toward embracing blockchain technology, the Bank of Russia, the cou … | Continue reading