Month: August 2016

Headlines US Health Department Blockchain Research Contest Sees 15 Winners15 winners have been selected by the Office of the National Coordinator for Health Information Technology (ONC), a division of the Department of Health and Human Services (HHS) following its blockchain research challenge. Announced last month, the HHS sought whitepapers as a part of the “Use […]

Headlines German Consumers Flock To Cash As Faith in Banks Reaches new LowHaving faith in a bank is not something most people are accustomed to these days. Things seem to be going from bad to worse in Germany. Savers are pulling funds out of savings to park cash in such a way they can avoid […]

Headlines Experts: FBI Not Bidding On Hacked NSA Code With Bitcoin From Silk Road SeizureThe FBI is not bidding on stolen National Security Agency (NSA) source code with bitcoins seized from Silk Road, contrary to a widely reported allegation. That’s according to security experts interviewed by The Hill. The allegation emerged when a bitcoin user […]

Headlines What Venture Capitalists Need to Know before Investing in BitcoinBitcoin and blockchain spaces have received much attention in recent years as investors recognize massive opportunities in the spaces – they themselves can enter into the cutting edge of financial technology. Financial technology, in general, has received attention as banks cut down on bank branches, […]

Headlines Code is Law? Not Quite YetShould code be law? In this opinion piece, Lukas Abegg argues there are many scientific hurdles to cross before this is likely to be possible. U.S. Government: Ransomware Attacks Have Quadrupled This YearRansomware attacks have quadrupled this year over last year, averaging 4,000 per day, according to the U.S. […]

Headlines 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) compliant chip that allows people to implant cryptographic keys under their skin, as reported by Motherboard. The chip is scheduled for release next year. Benefits Versus Privacy Implantable […]

Headlines China Issues Harsh Regulations For Peer-to-peer LendingPeer-to-peer lending has always been a very popular trend in China. That is not entirely surprising, as the country is keen on innovation and embracing new trends. But there have been a fair amount of problems with P2P lending in China over the past few months. New rules […]

Headlines R3 Files Patent Application for Distributed Ledger TechNew York-based startup R3CEV has reportedly filed for a patent for a blockchain-inspired financial platform. 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 […]

Headlines CCN Catches up with the CEO of CHBTC, One of China’s Largest ExchangesHi, thank you for the interview. Many of our readers are not familiar with yourself. Could you please give us a brief introduction? Hello, I’m Dawei Lee, chief executive officer of CHBTC, which is one of the mainstream digital currency exchanges in […]

Headlines Eris Industries COO: “The DAO Is a Cargo Cult”“[Projects like the DAO] are an inelegant and wholly unconvincing way to commit securities fraud, speaking kindly,” Preston Byrnes said at the Blockchain Conference in New York. He compared the DAO and other blockchain crowdsales to “cargo cults.” Such cults revolve around the belief that ritualistic […]

Headlines Isilines Accepts Bitcoin Payments For International Bus TravelInternational bus travel is becoming a popular trend these days. Isilines, a French bus travel company and subsidiary of the Transdev group, is currently experimenting with cryptocurrency payments. They are the first company to publicly accept Bitcoin payments for this service, which will hopefully become the new […]

Headlines Bitcoin Exchanges Consider Integrating Microsoft AuthenticatorIf there is one thing people should have learned from the Bitfinex hack, it is that security remains of the utmost importance. While users can’t do much about platform security beyond their control they should take appropriate steps to protect their own account. The new Microsoft Authenticator, which is […]

Headlines FinTech Startup Says Law Enforcement Is Ramping Up Ransomware ArrestsChainalysis has stated that ransomware arrests will soon take place targeting cyber criminals behind ransomware attacks. Rise of Ransomware Attacks Over the past six months, ransomware attacks have become an issue to government, business and healthcare organizations. In January, CCN reported that three banks and […]

Headlines Bitcoin Price Analysis for 08/18/2016 – Bears in ControlBitcoin price is pulling up from its slide but might be ready to trend lower upon testing the resistance. BitGo CEO Mike Belshe Believes in Bitcoin Despite Bitfinex HackBitGo’s Mike Belshe has said that questions raised about the security of bitcoin with some suggesting that digital […]

Headlines Bitfinex: Cause of Bitcoin Hack Still ‘Unknown’Nearly two weeks after losing more than $60m in customer funds, Bitfinex reports it has not yet identified how the theft was carried out. Researchers Uncover Cerber as Largest Ransomware-As-A-Service RingCheck Point researchers have discovered the sophisticated organization of Cerber, a Ransomware-as-a-Service (RaaS), which is reported to have […]

Headlines Blockchain World Expo Postponed Until 2017A scheduling conflict has resulted in the postponement of the Blockchain World Expo. 340,000 Euro Worth of Bitcoin Seized During Darknet BustGerman police officials have arrested four individuals suspected of selling drugs on the darknet. Keeping in mind how government officials and law enforcement agencies are cracking down on […]

Headlines Cryptsy CEO Denies He Stole From His Own ExchangeCryptsy CEO Paul Vernon has hit back at allegations he mishandled funds during his tenure as an executive at the exchange. Central Bank Action On Money Transfer Services Gives Bitcoin Yet Another BoostThe Central Bank of Nigeria has passed a rule that leaves most Nigerian money transfer operators […]

Headlines Bitcoin Price Weekly Analysis –BTC/USD Under Bearish PressureKey Points Bitcoin price recovered a few points recently against the US Dollar, but later found resistance near $590. There was a crucial contracting triangle pattern formed on the hourly chart (data feed from SimpleFX) of BTC/USD, which was cleared by sellers for a downside move. An […]

Headlines The Emergence of Blockchains as Activity RegistersIn this opinion piece, Antony Lewis argues that the term ‘distributed ledger’ needs clarifying due to the new emerging use cases for the technology. 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 […]

Headlines How Blockchain Could Make Robot Swarms SmarterAn MIT Media Lab research affiliate believes that by using the blockchain to distribute information, robots could solve problems more efficiently. Online Securities Brokerage Offers ‘Dark Pool’ Exchange for Large Bitcoin TradesTradeZero, an online securities brokerage that offers free stock trading software, has launched what it claims is […]

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 Dubai Government Seeks Blockchain Projects for Startup FundA technology initiative backed by the Dubai government has launched a $275m startup investment fund. Britain’s Lead as Fintech Sector Hub Still Shaky Post-BrexitSince Britain’s vote to leave the European Union in June, there have been several discussions surrounding London losing its spot as a leading global […]

Headlines Bitcoin ‘Hacker Residency’ to Launch in New YorkChaincode Labs is offering a new training course and mentorship program for developers who want to learn the basics of bitcoin. Isle of Man Tests Blockchain Prototype for IoTThe Isle of Man has announced an Internet of Things proof-of-concept in partnership with blockchain startup Credits. Apple Lists […]

Headlines Recent Exchange Hack Calls For Better Safeguards For BitcoinThe recent bitcoin exchange hack underscores the vulnerability of bitcoin exchanges, an issue that needs to be addressed if bitcoin is to gain a larger following, according to Megan McArdle, a Bloomberg columnist. (McArdle most likely referred to Bitfinex.)  Safeguards have been considered, such as a virtual “exploding […]

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 Colombia’s First Bitcoin Exchange Colbitex Forced Close Up ShopColbitex, Colombia’s first Bitcoin exchange launched its platform in testnet mode on June 3, 2016. The service was working without any incidents for the past month, and on July 25 the exchange entered a beta phase, where real transactions took place. Colbitex’s Run Lasted 8 Days The […]

Headlines Failed Mobile Banking Initiative In India Creates New BTC OpportunityEven though there has been a significant increase in mobile device usage among residents of India, mobile banking will not be coming anytime soon. The country has plans to improve financial inclusion through a new set of mobile banking services. Unfortunately for them, that project […]

Headlines Bitcoin Price Analysis for 08/03/2016 – Bulls to Return?Bitcoin price is testing a long-term support area, with technical indicators hinting at a continuation of the climb. Elliptic Partners With LexisNexis on Bitcoin AnalysisBlockchain analytics startup Elliptic has integrated with LexisNexis, a move that provides the startup’s clients with access to the vendor’s global money laundering […]

Headlines Bitcoin Geocaching Game Takara Adds Support for Counterparty TokensThe first ever Bitcoin geocaching iOS app, Takara, has added support for Counterparty assets, allowing users to hunt and plant bitcoin treasures around the world, using IndieSquare’s API. Developed by Christian Moss of MandelDuck, users will have the ability to not only find Counterparty tokens, but […]

Headlines Enterprise Software Leader SAP Taps Blockchain to Improve its ProductsSAP, a multi-national enterprise resource planning software provider, is writing specialized software to allow customers to connect blockchains to its Hana Cloud Platform, which provides an online database for adding new functions to their SAP systems, according to Bloomberg. Juergen Mueller, chief information officer for […]