25 August 2016

On This Day

Bitcoin price

Closing price: $575.7338 Powered by Coindesk

Headlines

Judge Grants Cryptsy Lawsuit Class Action Status
A Florida judge has certified a class action lawsuit filed on behalf of customers of the now-defunct digital currency exchange Cryptsy.
Ethereum Wallet Update Sparks Debate Over 'Corporate' Integration
One of ethereum's best-known wallets released new updates today, though one drew outsized attention and provoked discussion.
Santander Backs Ethereum with Gold Sponsorship of Devcon2

Santander, one of the biggest global banks with almost 200,000 employees and yearly revenue of more than $12 billion announced today the gold sponsorship of Devcon2, one of the biggest event of the year in the blockchain space to be held in just over three weeks. The sponsorship follows Santander’s participation in the Universal Settlement

The Bitcoin Patent – Only A Matter Of Time?
In this OpEd, two patent attorneys discuss whether bitcoin could be patented, and whether a bitcoin patent would be enforceable if it was granted.
China Issues Harsh Regulations For Peer-to-peer Lending

Peer-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 have been announced, which will put a...

Bitcoin Price Watch; Stop Hit!

The European session has now drawn to a close, and it’s time to take a look at the action we saw in the bitcoin price throughout the day, and see if we can use that action to put together a strategy for this evening out of the US, and beyond, into Asia. Once again, it’s...

Coinbase Introduces Credit and Debit Card Support

Coinbase is known to capture new markets and introduce new features on a regular basis. Keeping up with the trend, the leading cryptocurrency platform recently announced the inclusion of credit and debit card payments for its European customers. Coinbase’s new offering is influenced by its performance in the home country, United States. In its blog,...

Blockchain Book Author Appears in New TED Talk
Author Don Tapscott recently helped kick off the TED Summit in Banff, Alberta with a talk about blockchain technology.
Australia Post Plan for Blockchain Voting by 2017

The Australian government-owned Australia Post has unveiled plans that it will conduct tests through digital voting via the blockchain technology in a bid to reduce costs and improve efficiency. The plans have been met with criticism from a prominent privacy consultant. Recently a submission was presented to the Victorian Electoral Matters Committee by the Australia

US Govt Backed Research Develops Bitcoin ‘De-Anonymization’ Tool

The 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 are realizing that they need to utilize innovative

Why the Winklevoss Brothers Are Still Waiting for a Bitcoin ETF
Confusion over deadlines may be leading to premature excitement about the Winklevoss Bitcoin ETF, a bitcoin investment vehicle awaiting SEC approval.
Chronicled Launches Open Registry for Consumer IoT on Ethereum Blockchain

Blockchain startup Chronicled has launched the first of its kind ‘open registry for Internet of Things’ on the Ethereum blockchain, enabled via NFC and BLE microchips. Heralding the new open registry as a major leap in the growth and interoperability of the consumer Internet of Things, Chronicled announced the open source project under the Apache

Marinea – Sustainable ‘Village At Sea’ – Plans To Use Bitcoin

Marinea, a company planning to establish a self-sustaining “Village At Sea’ between Miami and Cuba, plans to use bitcoin as its currency and eventually have its own electronic currency. Bitcoin, a decentralized currency with no centralized governing authority, naturally fits the Marinea goals of being an independent, self-sustaining society. Marinea is a utopian concept for a

Majority of Global Exchanges Now Testing Distributed Ledger Tech
The majority of global exchanges are now exploring distributed ledgers according to a new trade organization report.
Bank of Thailand Expects New Fintech Regulation

Regulation 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 working on a new set of fintech...

Bitcoin Exchange BTCTürk Halts Operations in Turkey

Turkish bitcoin exchange BTCTürk, operational since 2013 has been forced to cease its operations in Turkey after failing to find support from local banks, the last of whom terminated BTCTürk’s banking account. Turkey’s sole bitcoin exchange, BTCTürk, has revealed that it is left with no choice but to stop operations in the country after failure

Monero’s 200% Gain On Darknet Marketplace Adoption

The popular crypto-currency Monero has increased approximately 200% over the past week as darknet marketplaces have adopted the currency. The cryptocurrency, formerly BitMonero, focuses on privacy and scalability as its two main use-cases. The recent gains bring the Monero market cap to more than $20 million.  Monero functions on the proof of work consensus algorithm,

R3 Files Patent for its Banking Blockchain Technology

Editor’s Note: A spokesperson for R3 reached out to CCN to clarify content from the WSJ article. The patent applied for by R3 is for its software Corda, not Concord, as reported earlier. The article has been edited. R3, the blockchain startup leading the banking blockchain consortium consisting of over 60 of the world’s leading

Bitcoin Price Watch; Gapped Down, Recovery?

It’s time to take a first look at the bitcoin price for today, and see if we can set up against the action seen last night I order to draw a profit from the market. It was a bit of a strange night last night. Price took a hit and gapped down on no real...

Bitcoin Privacy Tool 'CoinShuffle' Sees First Transaction
A type of anonymous bitcoin transaction that privacy enthusiasts have been awaiting for years has finally been tested successfully.
Bitcoin Price Technical Analysis for 08/25/2016

Bitcoin price seems to be done with its climb, as sellers pushed for a break of the near-term channel support.

Is Bitcoin about to soar to new heights?

The internet’s number one e-currency is already making waves in financial markets, but as yet there is still a high percentage of businesses that are unaware of Bitcoin’s potential. The time is ripe for a sole internet currency, and with virtual reality around the corner it could be the perfect opportunity for Bitcoin to rise...

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