31 January 2017

Headlines European Commission Considering Limits on Virtual Currency TransactionsThe European Commission has released an Inception Impact Assessment [PDF] considering transaction limits on virtual currency transactions as it steps up efforts in its fight against the financing of terrorism. On 2 February, 2016, the Commission published a Communication to the Council and the Parliament on an Action […]

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30 January 2017

Headlines A Plan to Scale the World’s First ‘Sports Blockchain’ is AcceleratingTaiwanese insurance giant Fubon Life is aiming to place a sports blockchain called Bravelog at the heart of its blockchain initiatives. Federal Reserve Staffer Fined for Mining Bitcoins at WorkA Fed staffer has plead guilty to mining bitcoins at work. Australian Federal Treasurer Pushes […]

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29 January 2017

Headlines Can Ethereum-Based Akasha Revolutionize Social Networks?“Governments of the Industrial World, you weary giants of flesh and steel, I come from Cyberspace, the new home of the Mind. On behalf of the future, I ask you of the past to leave us alone. You are not welcome among us. You have no sovereignty where we […]

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28 January 2017

Headlines Bitcoin Volume is On the Move to New No-Fee ExchangesBitcoin volume has been migrating to no-fee exchanges, data shows, but analysts suggest it will be a short-term trend. Bank of England Governor: Fintech Brings Great Promise and RisksFintech is democratizing financial services, creating new benefits for businesses and consumers, but also posing new risks, […]

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27 January 2017

Headlines Bitfinex’s Hacked Bitcoins Are on the Move; 5% Recovery Bounty OfferedBitfinex has confirmed that 876.82084947 stolen bitcoins have moved with Scorechain, a Bitcoin and Blockchain compliance & regulations firm, publicly stating 153 BTC, worth around $137,000, was moved on January the 25th and another 723 BTC, worth around $800,000, moved overnight. Chris Ellis, a […]

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26 January 2017

Headlines Will PBOC’s Intervention Help or Harm Bitcoin?Following complaints in a previous CCN article that PBOC was engaging in “secretive unilateral actions taken without any consultation nor any explanation,” China’s Central Bank responded yesterday with another notice. It appears to say little – the investigation will continue – but in fact PBOC announced that “problems […]

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25 January 2017

Headlines Bitcoin Price Watch; Here’s What’s On TodayThe action we saw in the bitcoin price overnight was in contrast to that which we expected based on yesterday’s intraday action. We thought we might see some degree of medium-term value add, or in other words an increase in value, as volume picked up, and volatility followed. […]

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24 January 2017

Headlines Kim Dotcom’s Bitcache Backs Out of Merge Over “Intrusive” “Complexities”Kim Dotcom took to Twitter, where he has the eyes of some half a million people, to explain that there was a snag in the recent planned launch of Bitcache and Megaupload2, the Bitcoin enhancement layer (allowing for tiny, automated transactions) and the incentivized file […]

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23 January 2017

Headlines Reddit’s Reversal Over Roger Ver Ban For Doxing Theymos Sparks Firestorm over CensorshipRoger Ver, a self-described bitcoin evangelist who renounced his U.S. citizenship and lives in Japan, was recently banned from Reddit for referring to the bitcoin administrator Theymos by his real name, but soon had his account restored. His actions, and those of […]

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22 January 2017

Headlines Blockchain Wallets Are Coming (Maybe Soon) to a Car Near YouA new project envisions how motorists’ lives could be made easier by automated payments over a blockchain. Blockchain for Journalism: How a Big Funding Idea is Starting SmallAs print newspapers suffer from the move to digital, and online ad revenues prove an insufficient funding […]

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21 January 2017

Headlines PBOC Unveils Plans To Create Blockchain-based RMBCoinEven though China is not a big fan of Bitcoin, they see the merit of digital currencies. In fact, the PBOC has been working on RMBCoin, a national digital currency project. By the look of things, RMBCoin will not allow users to control the private keys. For the […]

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20 January 2017

Headlines U.S. Financial Regulatory Agency Explores Blockchain’s Impact On Securities TradingThe Financial Industry Regulatory Authority released a report on blockchain’s impact on the securities industry in its efforts to support financial institutions investing in the technology. Many FINRA rules, as well rules by other regulators such as the Securities and Exchange Commission, are potentially implicated […]

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19 January 2017

Headlines Report: Bitcoin Wallet Blockchain Eyes Dubai for ExpansionEditor’s note: The article has been updated and amended to clarify that Blockchain has not partnered with the Dubai government, as confirmed by a representative for the government. Bitcoin wallet and block explorer resource Blockchain has focused its expansion efforts with investment in the Middle Eastern region. […]

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18 January 2017

Headlines China’s Biggest Blockchain Startup Will Release New Tech in 2017Shanghai-based Juzhen Financials plans to launch its own proprietary blockchain technology for banks this year. The Blockchain is Still Waiting for Its Web. Here’s a BlueprintWilliam Mougayar examines what it would take to introduce technologies and standards that make blockchain as ubiquitous and user-friendly as […]

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17 January 2017

Headlines Miami’s Third Bitcoin Hackathon Was All (OK, Mostly) Fun And GamesGamification emerged as a major trend at the third-annual Miami Bitcoin Hackathon this week. Here’s our summary of the event: Accenture: Blockchain Could Save Investment Banks $12 Billion AnnuallyA new report from Accenture posits that large investment banks could trim their operational costs by […]

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16 January 2017

Headlines Russia’s Central Bank Adds Blockchain-Friendly Firm to FinTech Working GroupRussia’s central bank is continuing to grow its blockchain footprint. Bitcoin Price Watch; Playing This Evening’s LevelsIn this morning’s analysis, we noted that the bitcoin price seemed to have settled down a bit, and was carving out a relatively tight range. In turn, we highlighted […]

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15 January 2017

Headlines Why Industries May Experiment Smart Contracts via Bitcoin in 2017Smart contracts were a popular trend throughout 2016, as investors, banks and major financial institutions explored the potential of smart contract-based protocols such as Ethereum to build innovative and decentralized applications. Yet, even Ethereum, a network valued at nearly US$930 million, struggled to demonstrate practical […]

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14 January 2017

Headlines Blockchain Technology Explored for US Homeland SecurityThe Department of Homeland Security (DHS) has announced that it is exploring the use of blockchain technology, which could facilitate security and privacy controls. In a recent news release on the DHS webpage, it states that ‘blockchain technology represents an innovative leap forward that has many uses and […]

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13 January 2017

Headlines Bitcoin Correction Not over YetIn the last column, we discussed the multiple reasons to believe that the $760 area looked attractive as a buy.  I urged anyone still short there to close their short positions.  However, I cautioned that I was not yet ready to buy the chart, as it still felt like the […]

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12 January 2017

Headlines A Chinese Bitcoin Startup Has Stopped Some Services Due to Central Bank ConcernsA long-running bitcoin investment platform is shifting gears in light of regulatory scrutiny in China. What Central Bank? China’s Big Bitcoin Traders Are All-In On BitcoinDespite recent reports suggesting China’s central bank is casting a critical eye on domestic bitcoin exchanges, local […]

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11 January 2017

Headlines Japanese Government Sends Blockchain Startups Abroad for Innovation ProgramJapan’s government is sending three blockchain startups to the US as part of a technology innovation program. Bitcoin Falls Below $800 As Volatile Week ContinuesBitcoin prices tumbled more than 10% in morning trading, dipping below the $800 mark. BTC Price Tech Analysis for 01/11/2017 – Bullish […]

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10 January 2017

Headlines Respectonomy Social Network Eliminates Censorship Using PoW BlockchainRespectonomy, a decentralized, self-moderated social network, will allow users the freedom to share content without any fear of censorship and be rewarded for it. The developers of this soon-to-be-released network believe it will be the first to remove all forms of censorship. The open-source, browser-based network assigns […]

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9 January 2017

Headlines How Barclays Stole the Blockchain Spotlight in 2016Was Barclays the leading bank when it came to blockchain in 2016? CoinDesk’s Bailey Reutzel explores perception and reality. Why 2017 is Blockchain’s Make or Break YearDeloitte’s Eric Piscini argues blockchain needs to prove its worth in the boardroom this year – or else risk ‘enterprise fatigue’. […]

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8 January 2017

Headlines Bitcoin Price Weekly Analysis – BTC/USD Back Testing ResistanceKey Points Bitcoin price dived against the US Dollar before ending the week and closed below $1000. The BTC/USD pair is now back trading higher, but facing a major confluence resistance near $960-980 on the 4-hours chart (data feed from SimpleFX). The price is also below […]

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7 January 2017

Headlines Do Not Mention Devaluation, China Tells Its Bitcoin ExchangesChina has ordered the most liquid and popular global bitcoin exchanges based in the country to refrain from any “offline promotions,” to not engage in any “fake trading,” to enact “mandatory strong KYC,” and, in a clear sign of nervousness about the country’s currency, to not […]

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6 January 2017

Headlines Bitcoin-Powered Internet Advances With $4 Million Blockstack FundingA bitcoin blockchain-based Internet is a step closer to reality thanks to this $5.3m investment in Blockstack led by Union Square Ventures. Breaking: China’s Central Bank Weighs in on Bitcoin Price RollercoasterChina Done It! The People’s Bank of China Meets BTCC. Cigars and Benches: the way to […]

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5 January 2017

Headlines 3 Things Smart Contracts Need Before They Can Finally Take OffGovernance, transparency and audibility could emerge as the three big hurdles for smart contracts this year, according to the founders of Tezos. China Intervenes, Yuan Soars, Bitcoin CrashesYuan increased by almost 1% against the dollar last night as overnight borrowing costs in Hong Kong […]

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4 January 2017

Headlines Bitcoin Reaches All Time High at BTC ChinaBitcoin triumphantly rises once more, reaching an all-time high today at around 2PM London time in one of the most liquid exchanges: BTC China. Proclaimed dead or worthless so often by so many, the currency has been turning heads in the past few weeks when a two […]

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3 January 2017

Headlines FinTech Marvel Bitcoin Turns 8Eight years ago, Satoshi Nakamoto released the Bitcoin Whitepaper on October 31, 2008, ushering in the era of cryptocurrency. And if 2016 is any indication, digital age is here and now as proved by the recent bitcoin high over gold. After having released the Bitcoin whitepaper, On January 3rd, 2009, Satoshi Nakamoto […]

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2 January 2017

Headlines Mexico’s Largest Bank Acquires Fintech Payments Startup OpenpayBBVA Bancomer, the largest financial institution in Mexico, has acquired Openpay, a payments Fintech startup based in Mexico that enables real-time payments for individuals, small businesses, and large enterprises. The acquisition comes after a collaborative partnership between the bank and the Openpay which saw the bank benefit […]

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1 January 2017

Headlines Bitcoin Starts 2017 at the $1000The new year starts memorably for bitcoin, as the bullish trend seen throughout late 2016 continued into 2017, with bitcoin striking a high – at the time of publishing – of $998 on the Bitstamp Price Index (BPI). However, bitcoin price in China is already above $1000 in its […]

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