Month: August 2016

Headlines R3 Blockchain Consortium Sees American Insurance Giant MetLife Join RanksMetLife Inc., one of the largest insurers in the world has joined the R3-led blockchain consortium that now counts 60 of the world’s largest financial institutions. Insurance giant MetLife is the latest financial institution to join the financial private blockchain consortium led by New York-based […]

Headlines Bitcoin Price Watch; Volatility Ahead?The trading day has now drawn to a close out of Europe, and it’s time to take a second look at the bitcoin price markets and see if we can’t outline an intraday strategy for this evening’s session out of Asia. Things have been pretty flat today, and since our […]

Headlines 5 Popular Sites That Take BitcoinLong gone are the days when Bitcoin was considered as this obscure digital currency only used by computer engineers or criminals operating via dark web channels. Nowadays, it seems that the only concern surrounding the crytpocurrency is the fear of hacking attacks or theft that have occasionally occurred in […]

Headlines Bitcoin Tracker Offers A New Way Look At Cryptocurrency TransfersMany people associate Bitcoin with anonymity these days. According to most people, it is next to impossible to track Bitcoin transfers. This is a very odd statement, considering how all Bitcoin Transactions are visible on the blockchain in real-time. A new service, called Bitcoin Tracker, […]

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 Speculators Push BFX Token Price Back To 43 CentsEver since Bitfinex unveiled their BFX token, the markets have gone through ups and downs. Initially priced at US$1 per token, the prices started to plummet rather quickly. Its lowest point was around the 25-cents range, although this has improved again over time. The rumours of […]

Headlines Bitcoin Price Technical Analysis for 08/25/2016Bitcoin price seems to be done with its climb, as sellers pushed for a break of the near-term channel support. Marinea – Sustainable ‘Village At Sea’ – Plans To Use BitcoinMarinea, a company planning to establish a self-sustaining “Village At Sea’ between Miami and Cuba, plans to use bitcoin […]

Headlines South African Central Bank Open to Cryptocurrencies and Blockchain TechSouth Africa’s central bank is open to the innovation of cryptocurrencies and blockchain technology, the bank’s governor revealed in a speech given in cybersecurity conference in Johannesburg, yesterday. The South African Reserve Bank (SARB) organized and hosted a cybersecurity conference in Johannesburg yesterday. While opening […]

Headlines Bank of Japan: Blockchain Could Alter Financial ServicesJapan’s central bank issued remarks this week that found it forecasting that blockchain could come to have a fundamental impact on finance. China Going After Dirty Money Creates Bitcoin MomentumExciting things are happening in China, albeit money launderers will not agree with that statement. Beijing authorities are […]

Headlines Japanese Firms Test Blockchain for E-Check ManagementThe Bank of Tokyo-Mitsubishi UFJ and tech giant Hitachi are working on a blockchain proof-of-concept aimed at digitizing checks. Japanese Banks Plan Blockchain Forex Services  A new consortium of Japanese banking and financial services giants will seek to use blockchain technology to provide domestic and foreign exchange services. […]

Headlines California Lawmaker Shelves Bitcoin LegislationCalifornia won’t become the second state after New York to have a “BitLicense” type of law any time soon. The lawmaker who introduced AB 1326, California Assembly member Matt Dababneh, D-Encino, has shelved it, marking the second straight year such legislation has been sidelined. After several conversations and meetings with […]

Headlines Keene, N.H. Food Truck Features Vietnamese Food, Accepts BitcoinA food truck that specializes in Vietnamese, French and vegetarian food in Keene, N.H. accepts bitcoin, according to Free Keene, a pro-decentralization and pro-bitcoin organization in New Hampshire, a very independence-minded state in the U.S. The food truck features a bitcoin sign and may be the […]

Headlines Bitcoin Price Watch; Here’s Our Weekend Scalp StrategyThis morning, in the first of our twice daily bitcoin price watch pieces, we noted that the week so far had given us plenty to go at, and that this meant we were net up on the markets heading into the final session. We also noted that […]

Headlines Ripple CTO Says Blockchain Is a Complex Technology Than InterledgerIn his new piece on Medium, Ripple CTO Stefan Thomas has explained why he thinks blockchain is a complex technology when compared with the Interledger Protocol. In his recent post, he said: Blockchains are a pain to work with. Everyone who has done it knows what […]

Headlines German Survey Participants Say Bitcoin Is Heading in the Right DirectionA recent survey has found that a high percentage of German participants have heard of the digital currency, bitcoin while 80 percent have stated that they know what it is or have used it in the past. A survey by BearPointStudy has found that […]

Headlines Hyperledger Tests Open Strategy With First Blockchain ExplorerCoinDesk profiles ongoing developments at business blockchain consortium Hyperledger and its collaborative effort to launch an open-source tool. Everything You Need to Know About Bitcoin Based Binary TradingA few years ago (in 2008, to be exact,) there were two major innovations that entered the world of trading, […]

Headlines As Bitcoin Debates Block Size, Multinationals Make Blockchain ProgressWhile the Bitcoin Community debates the merits of a bigger block size so as to accommodate more transactions per second (the current rate is approximately 7 transactions per second), the world’s largest corporations – from financial institutions to technology firms – have entered into the blockchain industry with new […]

Headlines Researchers Reveal Altcoin to Reward Participating in DDoS AttacksA pair of researchers has developed a cryptocurrency called DDoSCoin that rewards users for participating in distributed denial of service (DDoS) attacks. The currency only works when the user’s computer targets a TLS-enabled website. TLS stands for Transport Layer Security, a cryptographic protocol for secure Internet […]

Headlines Caribbean-oriented Bitcoin Wallet Caricoin Is Quite SuccessfulWhen looking at things from a broader perspective, there are quite a few digital currency initiatives in circulation already. Caricoin, a project that has not made any headlines outside of the Caribbean, has been pretty successful so far. This Bitcoin wallet solution tailored specifically to the needs of […]

Headlines Bitcoin Price Watch; Pushing Forward Towards 600The end of the week is the here, and it is time to take a look at the bitcoin price for the penultimate time this session. As far as the week just gone is concerned, we had some decent opportunities to get in and out of the markets […]

Headlines How Fintech Is Dragging Banks to Blockchain and AIFintech companies have now been provided with a great opportunity by the growing preference of millennials to accomplish tasks through digital applications. CEO of FIS, Anthony Jabbour, says the digitally native ways of millennials have given more insight into their needs and wants than any previous generation. FIS, […]

Headlines Bitcoin Price Analysis for 08/10/2016 – Stuck in a Range!Bitcoin price is settling inside a range but technical indicators seem to be hinting at an upside breakout. Anti-Money Laundering Software to Help Banks Prevent Illicit TransfersA pair of entrepreneurs has developed a solution to help banks reduce the risks involved in remittances. Route Trading […]

Headlines Bitcoin Price Eyes $600 as Trader Optimism ReturnsBitcoin prices recently neared $600, showing their resiliency after falling to lows of $480 in the aftermath of the Bitfinex hack. Ex-Cop Caught in Undercover Sting Pleads Guilty to Selling Bitcoin Mining HardwareA former New Jersey police officer is reported to have plead guilty to attempting to […]

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. The DAO Hacker is Getting AwayThe DAO hacker may walk away with millions in spite of efforts by the ethereum community to prevent this […]

Headlines How Peercoin Got A Boost From Bitcoin’s HalvingWith bitcoin mining becoming less profitable, one recipient of excess hashpower is Peercoin, a lesser-known digital currency. 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 […]

Headlines OKCoin’s Jack Liu: Bitcoin Still Safe Following Bitfinex HackJack Liu, chief strategy officer at OKCoin, the largest bitcoin exchange, assured customers that bitcoin is still a sound currency, despite the recent hack at Bitfinex. OKCoin keeps 95% of its deposits offline, according to Nikkei Asian Review. The theft of the 119,756 bitcoins from Bitfinex […]

Headlines BitGo Claims Its Software Not at Fault during Bitfinex HackBitGo has declared that its systems were not breached, and its software functioned correctly during the Bitfinex hack. Co-founder and CEO at BitGo, Mike Belshe, wrote on the company’s blog saying: Our job is to protect your Bitcoin and continue to improve the security of the service. BitGo […]

Headlines Bitcoin Price Watch; We Got Some Action!We’ve spent the last week or so wishing for some volatility in the bitcoin price, and today we finally got some during the European session. Having outlined a triangle pattern earlier this morning, we set up against both sides of the market with the intention of getting in […]

Headlines Bitcoin Firm Elliptic and LexisNexis Bring Money Laundering Solutions to BitcoinLexisNexis has joined forces with bitcoin blockchain surveillance firm Elliptic to restrict illicit transactions with the cryptocurrency, according to reports from Reuters. London-based blockchain startup Elliptic and LexisNexis are hoping that with their service they can include bank-grade Anti-Money Laundering (AML) regulations to the […]

Headlines R3 Blockchain Consortium Adds Thomson ReutersThomson Reuters, the parent company of prominent international news agency Reuters is the newest member joining the R3 blockchain consortium. The private blockchain consortium led by New York-based R3 will now include mass media company Thomson Reuters. The data and technology provider will contribute insights from its engagement with […]

Headlines Public Blockchains: The Community vs The EcosystemIn this opinion piece, author William Mougayar breaks down the term “community” and what it means for blockchain governance. 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 […]