Month: August 2016

Headlines DirectBet Sees Influx of Ethereum BettorsDirectBet, the leading Cryptocurrency Sportsbook, Racebook & Casino, is now accepting Ethereum and is the first major company to accept Ether as a coin. “We are now seeing lots of Ethereum enthusiasts betting with their Ether on Sports, Horse Racing, Politics and other special events such as the Eurovision, […]

Headlines EU Parliament Rep Seeks €1 Million for Blockchain ResearchA member of the European Parliament is proposing $1.1m be spent on a task force focused on studying digital currencies and blockchain. Blockchain Updates On-Chain Settlement for Thunder NetworkBlockchain, the bitcoin-centric startup, recently offered an update on its Thunder Network on-chain settlement, having released the alpha […]

Headlines Venezuelan Cryptocurrency Exchange Adds Dash to Roster  Cryptobuyer, a Venezuelan cryptocurrency brokerage has announced support for Dash, which sees the digital currency joining bitcoin on Cryptobuyer’s platform. Caracas-based cryptocurrency brokerage and firm Cryptobuyer has added Dash to its platform, citing “soaring demand” of the cryptocurrency. Dash, currently the 8th largest cryptocurrency in the world […]

Headlines Sorry Blockchain, Any Joe Schmoe Shouldn’t Be Able to Start a BankSafety issues with some new, disruptive business models highlight why regulations exist. Surely the same goes for firms that hold our money. Bitcoin Price Finding Support?Bitcoin price dropped back toward $660, overnight, but now seems to be engaged in a sideways base formation. […]

Headlines Best Places to Bet Bitcoins on Trump and HillaryIt’s election season and now it’s time to get active: betting on the 2016 Presidential election in bitcoins is a thing! It’s going to be a wild one, so buckle up. There are still numerous events forthcoming before the election on November 7.  Things could change. […]

Headlines Bitcoin Confiscated in €1 Million Finnish Drug BustCustoms agents in Finland revealed today that they seized bitcoin and other items worth about €1m earlier this year. Future Shock? Device Allows You to Implant Cryptographic Keys under the SkinWant to be a cyborg?   Dangerous Things, a biohacking company, has developed a near-field communication (NFC) […]

Headlines US Govt Backed Research Develops Bitcoin ‘De-Anonymization’ ToolThe U.S. Department of Homeland Security (DHS) Science and Technology (S&T) directorate is backing Sandia research with the creation of an analysis tool designed to overcome bitcoin challenges to assist law enforcement. As bitcoin becomes an increasingly accepted form of payment in our day-to-day lives, law enforcement […]

Headlines Four Big Banks Are about to Launch a Blockchain Token Digital CurrencyFour banks are teaming up to bring a blockchain inspired clearance and settlement system for worldwide transactions. BNY Mellon, Deutsche Bank, Santander and UBS believe they can launch a commercial blockchain by 2018. The banks work with a blockchain startup called Clearmatics. The […]

Headlines Rex Linux Trojan Turns Infected Machines to BTC Miners, via DDoSThe number of attacks on computers is increasing almost exponentially these days. The latest one to make news is the Rex Linux Trojan. This “Swiss knife” of a malicious program is a piece of work capable of running DDoS attacks, hold the infected computer […]

Headlines Silk Road Bitcoin Funds Is Used For The Shadow Brokers AuctionThe Shadow Brokers are attracting a lot of attention with their so-called NSA exploit kit auction. Although the group is demanding a price of 1 million Bitcoin, several of the bis which have been confirmed raise some questions. The US government obtained several thousand […]

Headlines Can Two Ethereum Markets Co-Exist?A month after the ethereum market split in two, analysts wonder whether ETH and ETC can coexist in the long-term. Bitcoin Price Weekly Analysis –BTC/USD Poised For GainsKey Points Bitcoin price after trading in a range for some time against the US Dollar started moving higher. There was a crucial […]

Headlines Why Big Bank Blockchain Leads Are Leaving for StartupsBank blockchain leads are leaving to build startups, a trend signalling that opportunities in the private blockchain space remain abundant. The Bank of Ireland Will Penalize Large Cash DepositsHolding cash is becoming a less favourable option for many customers around the world. Charging fees on cash […]

Headlines Bitcoin Ponzi Schemer Hints at Dealings With Mt Gox CEOConvicted Ponzi operator Trendon Shavers is now insinuating that the unidentified debtor cited in his defense against the SEC was Mark Karpeles. Over 30,000 People In India Use Bitcoin For TransactionsThe status of Bitcoin in India has been relatively unsure for quite some time now. […]

Headlines Bitcoin Price Holds Above $550 SupportBitcoin price has halted decline and may have found support at the $555 (Bitstamp) level. The 4-hour candle chart shows that advance is possible, but that a critical watershed for decline remains close-by. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not […]

Headlines Fintech Funding Breaks All RecordsInvestment in Fintech companies has reached an all-time high with $8.2 billion invested in the second quarter of 2016, double the more than four billion invested in Q1 2016. Asia and, in particular, China, significantly lead, with $7.22 billion invested in Chinese Fintechs during 2016. In total, almost $23 billion […]

Headlines Study Shows Bitcoin and Blockchain Investments Near $300 Million in First Six MonthsA study conducted by Juniper Research has found that the total value of Venture Capital (VC) blockchain and bitcoin investments totalled $290 million in the first six months of 2016. While more than 30 startups were involved that received funding during that […]

Headlines FGC on Security: We know our customers and our customers know usThose of us involved in the cryptocurrency space right now are all certified early adopters and we wear that badge with great pride. We are individualists, a bit edgy and a bit libertarian. Because of this, companies like First Global Credit that take […]

Headlines July Bitcoin Price Report: Confidence Hits 2016 Highs Amid HalvingBitcoin prices experienced modest fluctuations in July, pushing higher in anticipation of the halving and then declining after the event. Bitcoin Price Decline Targets $500 BitfinexBitcoin price continues decline as the crowd keeps selling. Bitfinex management, so eager to create an impression of recovery, are […]

Headlines Lawyers: Legal Options Possible for Bitfinex CustomersBitfinex customers who got socked for a 36 percent loss on account of the recent hack could have legal recourse against the Hong Kong exchange, according to lawyers from Kobre & Kim, a global law firm, CNBC reported. The Hong Kong exchange, due to the attack’s indiscriminate nature, […]

Headlines Bitcoin-Accepting Irish Deep Web Drug Vendors Await Their TrialThe dark web once used to be a place where anonymity was virtually guaranteed, and internet criminals got away with just about anything. But that is no longer the case, as more and more people get arrested for their illicit activities. Moreover, using Bitcoin as a […]

Headlines Bitcoin Price Watch; Ultra Tight ScalpsWe are closing in on the end of the week, and it’s been pretty eventful period as far as trading the bitcoin price is concerned. With ups and downs, and also some pretty decent breakouts, there’s been plenty of opportunity to get in and out the markets according to […]

Headlines Blogger David Seaman Calls Ethereum Classic a Scam; Questions Silbert’s and CoinDesk’s RolesDavid Seaman, a crypto blogger, has written a blog in the Huffington Post saying that sources have told him authorities are examining Barry Silbert’s role with Ethereum Classic, which Seaman considers a scam. In another Huffington Post blog, Seaman claims CoinDesk, which […]

Headlines Is California Set to Get Its Own BitLicense?California is set to follow New York’s lead, but the Bitcoin Foundation wants to stop the state from getting its own version of the BitLicense. The California Bitcoin License bill designated as AB1326 has undergone several changes in the assembly and senate since it was first introduced […]

Headlines Questions Abound as Bitfinex Issues Digital Assets to CustomersDigital currency exchange Bitfinex has issued its own digital token in an unusual attempt to off-set about $66m worth of bitcoin stolen. Bitspark Partners With Vitaxel Group To Launch Remittance Platform In MalaysiaBitspark Limited, a remittance service that leverages bitcoin and blockchain technology, has partnered with Vitaxel […]

Headlines Bitcoin Payments Are More Secure Than EMV Chip Based CardsThe ongoing competition between fiat based electronic payments and digital currency payments doesn’t have a winner yet.  The credit and debit card based electronic payments systems score over Bitcoin payments when it comes to number of users and the rate at which transactions are processed. […]

Headlines 3 Liverpool Men Jailed For Blowing Up Bank ATMsAutomated teller machines are far from secure devices, as they are often targeted by hackers and other criminals But in some countries, things get taken to the very next level. Several gang members in Scotland have been blowing up bank ATMs in Aberdeenshire. As a result, […]

Headlines Four New Bitcoin ATMs Make Coinsource America’s Largest OperatorCoinsource has become America’s largest bitcoin operator after announcing it has installed four new ATMs in the month of July, bringing the total number to 42 across seven states. The Texas-based company’s latest additions include new bitcoin ATMs in New York, Nevada, and Pennsylvania with one […]

Headlines Digital Currency Exchange Launches New Ethereum Splitter ToolIn a bid to tackle the issue of how users can separate their Ethereum (ETH) and Ethereum Classic (ETC) coins, ShapeShift has unveiled a new digital currency feature designed to do the job. The Ethereum Splitter tool is a new feature unveiled by the digital exchange platform, […]

Headlines Bitcoin Price Watch; A Slow Day’s SessionIn this morning’s bitcoin price watch analysis, our primary focus was the forming of a triangle, a classical charting pattern, and the implications of this triangle from our strategy throughout the day. We hoped that we would see price break out of the triangle in a definitive direction […]

Headlines Thomson Reuters Joins R3 Blockchain ConsortiumMass media company Thomson Reuters has become the latest member of the R3 blockchain consortium. The firm announced today that it had joined the effort, which has seen dozens of banks and finance firms collaborate to explore the technology. Recent members include Absa Bank, one of South Africa’s largest banks, […]

Headlines IBM Building Blockchain Dispute Resolution SystemIBM could launch a finance-oriented blockchain solution as early as this fall. According to The Wall Street Journal, IBM’s Global Financing unit is looking to kick off a project that would focus on resolving transaction disputes. The system reportedly won’t replace the Global Financing unit’s existing systems, at least not in […]