Month: August 2016

Headlines Bitcoin Price Watch; Tightening Things UpSo, we are a little into the Europeans session on Wednesday, and it’s been an interesting week so far. Things have been up and down, and we’ve been chopped out a couple of times, but we’ve also managed to get in and out according to our intraday strategy for […]

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 Could the Blockchain End Bureaucracy?In this OpEd, Reform researcher Alexander Hitchcock discusses how blockchain could lead to big savings in civil services. Blockchain Executives Sign Pledge to Address Governance IssuesFourteen blockchain executives have signed a letter calling for changes to the way blockchain governance is managed. IBM Bridges Blockchain, AI With New Business UnitIBM […]

Headlines Blockchain Projects Gear up for the Biggest Blockchain Competition of the YearThe blockchain ecosystem is to be on display in about three weeks during the International Blockchain Week when the blockchain world is expected to descend on Shanghai for one of the biggest event of the year, held by Wanxiang Blockchain Labs, where leading […]

Headlines ACI’s Roger Oliphant: “Open Blockchain Standards Are Too Slow”Ever since corporations garnered an interest in the blockchain, the topic of scalability has been kicked around a fair few times. A new report by Gartner indicates the technology has hit the “peak of inflated expectations”>. With more money flowing into blockchain every year, the question […]

Headlines Ethereum Classic Prices Plunge 20% as Trader Interest WanesThe price of classic ether plunged against several currencies over the last week amid concerns of waning market enthusiasm. Bitcoin Price Watch; The Week’s Final TakeSo the weekend has pretty much arrived, but we’ve still got the close of the US session ahead of us, and […]

Headlines Bank of Thailand Expects New Fintech RegulationRegulation of Bitcoin has always been a topic of substantial debate. Some people see the benefit of being officially recognised, whereas others are not overly bothered by it. But if Bitcoin is to go mainstream, some regulation may be necessary for the long run. Bank of Thailand is […]

Headlines MIT Study Reveals New Data on Free Bitcoin AirdropA new study by MIT researchers has provided details on a free bitcoin giveaway conducted at the US university in 2014. Moscow Government to Explore Blockchain VotingGovernment officials in Moscow today revealed plans to investigate applications of blockchain technology. R3 Files Patent Application for Distributed Ledger […]

Headlines 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 collecting all of the dirty money in the country. Several hundred people have been arrested who are involved in illegally transferring money out of China. In fact, a total […]

Headlines 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. Japanese financial services giant SBI Holdings and its subsidiary SBI Ripple Asia, have collaborated to launch a consortium that will seek to use blockchain innovation […]

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. BTC Relay Bridges BTC With Ethereum, Allowing BTC Verification For Smart ContractsConsenSys, a blockchain technology company, and Ethereum have developed BTC Relay, an Ethereum contract that allows Ethereum users to […]

Headlines 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 deposits is becoming the new norm in Germany, and more of them will follow in the coming months. So far, two more banks have taken this route, including […]

Headlines Over 30,000 People In India Use Bitcoin For TransactionsThe status of Bitcoin in India has been relatively unsure for quite some time now. Even though the country can benefit a lot from cryptocurrency in their e-commerce and m-commerce sectors, adoption rates were still low. But things are changing in a positive manner as of […]

Headlines To Go Big on Blockchain, ‘Big Four’ Firm PwC Thinking SmallTo scale up its blockchain operations, ‘Big Four’ audit firm PwC is thinking small with its strategy. 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 Gartner: Blockchain Tech Hits Hype Cycle PeakBlockchain technology has hit the peak of its hype cycle according to a new report by Gartner. Moscow Opens its First Bitcoin ExchangeDays after Russian authorities reversed plans to penalize bitcoin use, the country’s capital has unveiled that it has opened its first digital currency exchange. Launched in […]

Headlines UK Fraud Office Comments on ‘Increasing’ Bitcoin Use By CriminalsA criminal investigatory unit in the UK has said that it would consider investigating cases involving bitcoin. Blockchain World Expo Postponed Until 2017A scheduling conflict has resulted in the postponement of the Blockchain World Expo. Bitcoin Price Watch; Stop Loss Hit!The markets have just about […]

Headlines Bitcoin Price Watch; Profit Target Hit!The European market is now closed, and it’s time to take a second look at the bitcoin price for today. In this morning’s analysis, we highlighted a range of around six dollars width, and suggested that we would focus on breakout scalp trades if priced managed to clear the […]

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 Russia Reverses Plan to Penalize Bitcoin UseRussian authorities have gone back on their idea to penalize whoever is caught in bitcoin operations in the country, says a report by Russian news agency Interfax. Though Interfax referenced unnamed sources close to the Russian government’s financial departments, it suggested that representatives from the country’s Ministry of […]

Headlines Hyperledger Blockchain Project to Elect New Tech CommitteeThe Linux Foundation-led Hyperledger blockchain project will soon elect a new technical steering committee (TSC) and TSC chairperson. Bank Regulator Calls for Broader Oversight of EU Bitcoin ServicesThe European Banking Authority is calling for greater regulatory oversight for bitcoin exchanges and custodial wallets. Bitcoin Price Technical Analysis […]

Headlines Call Public Blockchain Developers What They Are: Open Source Coders Not FiduciariesAngela Walch, Associate Professor at St. Mary’s University School of Law, has written a thought-provoking editorial where she argues that developers are in a position of trust, therefore, they must be burdened with responsibilities – including, perhaps, outright licensing requirements to ensure a […]

Headlines Bitcoin Sales Are Currency Transactions, Russia’s Tax Office SaysRussia’s tax agency wants its citizens to report the purchase or sale of digital currencies as currency transactions. R3, 15 Consortium Members Complete Prototypes on Using Smart Contracts for Trade FinanceThe R3 consortium has disclosed that it has worked with over 15 of its member banks […]

Headlines Bitcoin Price Watch; Here Are Tonight’s Key LevelsIt’s coming to the end of the European session now, and it is time to take a look at the bitcoin price for the second time today. In this morning’s analysis, we discussed the relatively flat action we have seen across the last few days, and said […]

Headlines The DAO Hacker is Getting AwayThe DAO hacker may walk away with millions in spite of efforts by the ethereum community to prevent this outcome. Blockchain Implementation by ASX Questioned by Australian MediaThe Bitfinex security breach, which closely followed the hacking incidents faced by Shapeshift and Gatecoin has shaken the finance community. With so […]

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 Bitfinex Alerts Users of Phishing EmailsBitfinex has alerted of phishing emails being circulated from an address that is made to appear to be one of its email addresses. The distressed company notes in a blog post on its website that the email is not from any @bitfinex.com address but from @ibitfinex.com, stressing the additional i. Bitfinex […]

Headlines What the Bitfinex Hack Means for Bitcoin Multi-Sig SecurityCoinDesk explores the impact of the Bitfinex hack on perception of multi-sig wallet technology, a security feature used by the exchange. 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. […]

Headlines BitSpark Partners With Asian Ecommerce MLM Vitaxel GroupFintech and Bitcoin startup Bitspark, based in Hong Kong, has partnered with Vitaxel Group. As part of this new agreement, the Bitcoin company will start offering its remittance services in Malaysia over the coming weeks. This news comes on the heels of the Malaysian government deciding to […]

Headlines Overstock Taps New Lead for Medici Blockchain ProjectOverstock chairman of the board Jonathan Johnson will now serve as president of Medici, its blockchain technology division. Credit Suisse Report Explores Blockchain Impact on 14 Public StocksResearch from financial services giant Credit Suisse examines how the stock performance of incumbent financial firms could be impacted by […]

Headlines Bitfinex Confirms Stolen Bitcoin, Suspends Trading; Price CrashesProminent Hong Kong-based bitcoin exchange Bitfinex has announced that it has halted all trading on its platform while investigating a breach that has seen customers lose their funds due to theft. Bitcoin exchange Bitfinex has halted all trading on its platform, including all deposits and withdrawals. An […]

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 […]