Blockchain News

New Token Sale for Blockchain-Based Currency EOS to Launch on Monday
NEW YORK (Reuters) - Block.one will launch the sale of a new blockchain-based digital currency or token called EOS on Monday, the tech company said on Thursday. The sale is the latest capital-raising exercise by a technology startup creating its own ...
How to bet on bitcoin, without the crazy volatility? Here's one idea
For those who are willing, Rupert Hargreaves, blogging for ValueWalk, offers up a “less volatile way” to bet on cryptocurrencies over just buying bitcoin or ethereum -- though there's still plenty of risk involved. He says there's big money being made ...
Petition Requests for Jeff Bezos and Amazon to Accept Bitcoin and Litecoin As Payments
An Amazon customer made a petition directly addressed to its CEO Jeff Bezos to accept Bitcoin and Litecoin as mode of payments on the e-commerce platform. The petition which has been lodged through Change.org is mainly requesting the e-commerce ...
Buyers beware: Lessons from the ethereum 'flash crash'
The price of the digital currency ethereum briefly dropped from more than $300 to 10 cents on Wednesday on one exchange. The "flash crash" shows how the young infrastructure isn't yet able to handle large trades. Big Wall Street firms have increased ...
This Ethereum flash crash shows how cryptocurrency markets are super risky
The price of ether, the cryptocurrency of the suddenly hot Ethereum platform, has since rebounded and is trading back at about $318. The crash, however, remains as a big reminder that this is a volatile, new market. Plenty of people have made small ...
State of Illinois Sponsors Month-Long Blockchain Hackathon
The state of Illinois will be hosting a month-long virtual Blockchain hackathon which officially starts on July 1. The hackathon aims to unite industry leaders and students to work together in creating new innovations in digitized government, e ...
Monero, Stratis Continue to Fight Over Number 10 on CoinMarketCap
For some time now, Cointelegraph has been highlighting how Monero has been declining gradually in terms of market capital ranking. Therefore, it was no surprise to us when it finally left the top 10 last week Friday. However, the anonymous coin has ...
Should You Use Skype to Buy or Sell Bitcoin?
When it comes to buying Bitcoin these days, there are many ways to do so. Bitcoin exchanges and brokers are two popular methods, even though they verify the user's identity quite thoroughly. A Bitcoin ATM is another choice, assuming there is such a ...
Blockchain-Based Remittance Companies Win at RemTECH Awards Ceremony
The global remittance industry's blockchain-based startups got a boost recently at the Remittance Technology (RemTECH) awards held at the United Nations in New York, from June 16 to 18 as part of the UN Global Forum on Remittances, Investment and ...
Dubai's Rise as an Epicenter for Blockchain Innovation
At the beginning of this year, Dubai announced plans to develop the first blockchain-based city. Following in the footsteps of Estonia, which has embraced blockchain technology to ensure data integrity, Dubai aims to have all governmental services and ...
TenX Figured out How to Make Cryptocurrency Spendable Immediately In Real Life
Entrepreneur's have officially gotten their hands in the cookie jar of the cryptocurrency world. And believe me that's a good thing. TenX, who is launching their highly anticipated ICO this coming Saturday has figured out how to solve one of the ...
The company called Blockchain raises $40 million
Blockchain (the company) just raised a $40 million Series B funding round led by Lakestar. Blockchain has been working on the most popular bitcoin wallet in the world. You can open a wallet on the company's website or through its mobile apps. GV ...
Aberdeen Says Cryptocurrency Bubble Will Burst Even If Coins Change Finance
Aberdeen's venture capital arm, which has about $1.8 billion entrusted in early stage funds, is considering investing in funds that hold blockchain-based companies and digital coins, Denious said. Still, he said the cryptocurrency boom that's ...
The Bitcoin Bubble Will Turn Into Mania Before It Bursts
For the last nine months, the Bitcoin rally that took the digital currency from a few hundred dollars to close to $3000 had all the elements of a bubble that has yet to turn into a mania before it bursts. Every asset bubble is different, and can be ...
Ethereum Wallet Review – MyEtherWallet
There are quite a few different Ethereum wallet solutions available. Most people have taken a liking to MyEtherWallet, as it provides a convenient solution. More importantly, MyEtherWallet also comes with hardware wallet support, which allows for the ...
Why Nvidia and AMD Continue to Ride the Cryptocurrency Mining Wave
But what's behind the recent boost in cryptocurrency mining demand? It's coming from China and Eastern Europe, where miners of an alternative cryptocurrency called Ethereum are buying desktop graphics cards in droves, according to analysts. Mining is ...
Zcash apuesta por Latinoamérica y se integra al monedero argentino Ripio
América Latina sigue abriéndose al mercado de las monedas criptográficas con mejores y más variados servicios. Ahora, Sooko Wilcox, fundador y CEO de Zcash, y Sebastián Serrano, CEO de Ripio, anunciaron la integración de la criptomoneda zcash a los ...
Cambodian Central Bank Is Trialing Blockchain Technology
In April, the Cambodian central bank entered into a partnership with Japanese blockchain startup Soramitsu to co-develop the Hyperledger Iroha ledger to build a new payment infrastructure on top of distributed ledger technology. Hyperledger Iroha is an ...
Legal Implications Surrounding Bitcoin
Bitcoin has been making its way into the news and into legal discussion for the past couple years and more so now as its value continues to rise. Bitcoin is a decentralized, virtual, form of currency, created in 2009. Bitcoin is decentralized because ...
Illicit Cryptocurrency Use Targeted in Proposed 2018 FBI Budget
The FBI is requesting $21m and 80 new employees in a bid to investigate emerging tech that could help the agency combat cybercrime. In a budget request for fiscal year 2018, sent on 21st June, Andrew McCabe, acting director of the FBI, testified to the ...
US Government Seeks Blockchain Solutions for Contract Bidding System
According to a request for quotation published on 19th June, the General Services Administration is looking for a contractor to help it assess how blockchain could be integrated into FAStlane, a system launched last year as part of a broader effort to ...
Traders Get Burned In Ethereum Flash Crash
The white hot cryptocurrency Ethereum went on a wild ride on Wednesday, plummeting from around $320 to around 10 cents in a so-called "flash crash." The price soon recovered but not before some investors took a terrible bath and some others made out ...
NSA's DOUBLEPULSAR Exploit Aids in Distributing New Monero Mining Malware
It has been a while since cybercirminals leveraged one of the many NSA exploits in circulation. It now turns out a new type of malware is making the rounds. This particular tool infects Windows computers with a cryptocurrency mining Trojan. The ...
The Identity Solution
Second and quite amazingly, there is now an immutable recording mechanism that can securely log each identity in a system called the blockchain – otherwise known as the Bitcoin blockchain or the public blockchain. What's more, the blockchain is ...
Amazon's 6000 Percent 1990s Growth Still Beats Bitcoin, Ethereum
In a comparison today, Investopedia notes that Ethereum, the rise of which has taken an increasing chunk of the financial world by storm, still fails to compete with the 6,000 percent rise achieved by Amazon almost 20 years ago. Chart. So too does ...
Identity without the Blockchain? Skepticism Grows for Once-Hot Use Case
A rising tide of skeptics is arguing that identity might not be the blockchain use case it's often cracked up to be. For much of 2016 and 2017, the general consensus has been that by distributing a ledger that can validate identifying information ...
Bitcoin Investors Still Small Minority of Investors Worldwide: Survey
“We asked retail investors about much-talked-about “virtual currency” such as Bitcoins. The results showed that the percentage of retail investors actually investing is still low, with only 3% of retail investors in Japan and the US, and only 10% of ...
Bitcoin Startup Blockchain Raises $40 Million Series B
In December, Blockchain added former Barclays executive Antony Jenkins to its board, while former UK Prime Minister David Cameron helped the company open its London office in February. The news comes on the heels of rumors bitcoin wallet provider, ...
This play beats bitcoin with 100%-plus returns — and it's less risky
Summertime and the living isn't so easy, if you're a stock investor looking over your shoulder at oil. The hesitation we saw yesterday, as we adjust to the oil-in-a-bear-market world, looks set to continue today. So you just might just like to escape ...
Power to the User: Accenture and Microsoft Are Changing Identity with Ethereum
Powered by a private version of the ethereum blockchain, the prototype runs on Microsoft's Azure cloud computing platform, according to an Accenture statement, and sets out to comply with principles established by the Decentralized Identity Foundation, ...
Blockchain bitcoin wallet start-up raises $40 million from Google, billionaire Richard Branson
Blockchain, a bitcoin wallet start-up, has raised $40 million led by venture capital firm Lakestar, Google's investment arm GV, and billionaire Richard Branson, the company said on Thursday. The investment comes at a time of rising interest in ...
ZenCash's Robert Viglione Talks Borderless Cryptocurrency and More
Yesterday Viglione talked with Finance Magnates about the state of cryptocurrency adoption in different regions around the world such as Venezuela and Africa, how fast the technology could take over digital finance, the response in academia to his ...
Bitcoin Startup Blockchain Takes $40 Million in New Funding
Blockchain, the Luxembourg-based bitcoin currency service provider, has raised $40 million of fresh funding, led by Lakestar, representing one of the largest investment rounds in the financial technology sector since Britain's vote to leave the ...
What's Blockchain? HSBC Survey Finds 59% of Consumers Don't Know
A recent survey suggests that ordinary consumers are still largely in the dark about blockchain. According to the survey, published in May by UK-based bank HSBC, 59% of consumers polled said they'd never heard of blockchain technology. Furthermore ...
Decentralized Cryptocurrency Exchange openANX Launches Token Sale
Ever since the collapse of MtGox, centralized exchanges have been seen as a point of failure in the cryptocurrency ecosystem vulnerable to hackers, cyber attacks, government coercion or just plain fraud. Now a new project is seeking crowdfunding via a ...
VIDEO: Digital Golden Cryptocurrency Introduced
In May, Dubai-based Islamic financial services company OneGram introduced a gold-backed digital currency, or cryptocurrency, that is fully Sharia compliant. Each of OneGram's digital tokens represents and is redeemable for one gram of gold, which is ...
Bitcoin Price Analysis - Bitcoin erases losses
This has largely been seen as a compromise between bitcoin core developers, nodes, Blockstream, miners, and others who wanted a hard fork block size increase. The implementation of SegWit is expected to be a large bullish event for price, as it will be ...
Ethereum crashed from $319 to 10 cents in seconds on one exchange after 'multimillion dollar' trade
The price of ethereum crashed as low as 10 cents from around $319 in about a second on the GDAX cryptocurrency exchange on Wednesday, which is being blamed on a "multimillion dollar market sell" order. Ethereum is an alternative digital currency to ...
Payza Adds New Cryptocurrencies to Exchange, Including Ethereum, Ripple, Litecoin, Dash & Monero
In the majority of the countries where Payza is available, verified Payza members may now sell Ethereum, Ripple, Litecoin, Dash, Monero, Zcash and dozens of other cryptocurrencies to Payza, which will be exchanged to US dollars in their e-wallets and ...
Giga Watt's First Ever Hardware-Backed ICO Makes Cryptocurrency Mining Profitable
Cryptocurrencies can't exist without mining. The miners are the backbone of the networks, providing the necessary processing power. Without them, none of the cryptocurrency transactions would be possible. But with the constant increase in mining ...