Blockchain News

Adoption of Bitcoin Picking Up Speed in Venezuela, Called “Lifesaving” Currency
Venezuela's hyperinflation has rendered the national currency, the Bolivar, nearly worthless. Thousands of ordinary people have begun turning to the world of cryptocurrency to salvage what little value remains in their savings.. One Venezuelan, John ...
North Korean hackers behind attacks on cryptocurrency exchanges, South Korean newspaper reports
Another cyber attack on about 10 cryptocurrency exchanges by North Korean hackers in October, using emails containing malware, was thwarted by the Korea Internet Security Agency (KISA), the newspaper reported. The NIS found that the malware used in ...
Can Blockchain Solve The Common Problems Freelancers Face?
If there is one word we heard a lot in 2017, it would be “blockchain”. Apart from the unprecedentedly high bitcoin price, the technology has made it to the headlines for disrupting pretty much any industry you can think of - banking, governmental ...
Members of European Parliament Agree Cryptocurrency Has Come to Stay
Tadas Langaitis, Member of the Lithuanian Parliament and Chair of the Digital Economy Committee, indicated that providing guidelines on Cryptocurrency is very pertinent and will lead to mass adoption in the European Union. Tadas, who has been ...
Four Blockchain Bills Introduced in New York State Assembly
According to blog post written by Vanel, blockchain technology is “a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block of information contains a pointer to the previous block of information ...
Overstock CEO Considers Selling Company to Fund Blockchain Venture
The joint venture is taking place between Overstock subsidiary Medici Ventures, which manages the company's Blockchain investments, and Peruvian economist Hernando de Soto himself. The venture will make a framework for local property records which will ...
Teenage bitcoin millionaire: 'It's a wonderful time to buy bitcoin"
A lot has changed since 2011, when Erik Finman invested a cash gift from his grandmother into bitcoin. Six years later, bitcoin's value is up exponentially, and Finman, now 18, is a millionaire. But one thing that hasn't changed is Finman's enthusiasm ...
Futures File: Bitcoin futures debut
A look at futures prices on commodities that impact the Des Moines metro area and greater Iowa. Two major U.S. futures exchanges are launching bitcoin futures, which is adding fuel to the fire behind the cryptocurrency market, pushing prices over $17 ...
How a cloud computing company is helping people mine for bitcoin
But now bitcoin mining requires ever more and faster computing. A few companies, including Genesis, are starting to provide the cloud services needed to supply that capacity. "We provide everyone access to mining through our cloud-based infrastructure ...
Bitcoin buyers see cryptocurrency in their financial future
Bitcoin long was associated with a former online black market called the Silk Road, but today's enthusiasts are trying to distance the cryptocurrency from illegal uses. Dore argues the dollar is far more anonymous than Bitcoin, and the majority of ...
Prosecutors Are Planning to Sell Millions of Dollars Worth of Seized Bitcoin
Prosecutors got approval from a federal judge in Utah to sell more than 513 bitcoins and 512 bitcoin cash they had seized from a man allegedly running a counterfeit pharmaceuticals ring on the darknet, Ars Technica reports. The cryptocurreny was taken ...
The Creator of Signal Has a Plan to Fix Cryptocurrency
In the early bitcoin years, proponents promised that you would soon be able to pay for anything and everything with cryptocurrency. Order pizza! Buy Etsy trinkets! Use a bitcoin ATM! While PayPal had existed for more than a decade, frictionless, social ...
Startup Aims to Build Open-Source Telecom Ecosystem on Blockchain
“Qlink believes the development of the Blockchain industry as a whole will experience a long period of explorational development and then seek merger and integration. Public chain services with different purposes will communicate via agreements and ...
Mass. securities regulator plans 'aggressive policing' of cryptocurrency sales
Several days after Massachusetts' top securities watchdog, Secretary of the Commonwealth William Galvin, warned investors to stay away from the cryptocurrency Bitcoin, he now says his office will engage in "aggressive policing" of so-called initial ...
Blockchain Consortium Hyperledger Loses Members, Funding
More than 15 members of blockchain consortium Hyperledger have either cut their financial support for the project or quit the group over the past few months, according to documents seen by Reuters. Exchange operators CME Group and Deutsche Boerse have ...
Blockchain Consortium Hyperledger Loses Members, Funding: Documents
FILE PHOTO - The logo for blockchain technology company Hyperledger is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren Reuters. By Anna Irrera. NEW YORK (Reuters) - More than 15 ...
As online ads fail, sites mine cryptocurrency
So it's no wonder that the always-sketchy, ever-scammy, and terminally exploitative online ad industry is starting to get replaced in favor of cryptocurrency mining -- the nonconsensual use of a website visitor's computer to make more imaginary coins ...
Chinese Man Buys 4 F1 Cars With $5.3 Million in Litecoin
A Chinese millionaire recently bought four rare Formula One (F1) cars in the United Kingdom using Litecoin, the fourth most popular cryptocurrency, with the total amount believed to be around 4 million British pounds (more than $5.3 million). According ...
Blockchain jobs continue to explode, offer salary premiums
An uptick in job openings for technologists with blockchain development skills continued through the last quarter of 2017. Blockchain developers rank second among the top 20 fastest-growing job skills, and job postings for workers with those skills ...
Ripple Overtakes Bitcoin Cash To Become Third Biggest Cryptocurrency
Ripple is now the third biggest cryptocurrency, thanks to its surging prices. At 17:51 UTC, Ripple was trading at $0.78, up 4% in the last 24 hours. Yesterday its price shot up to as much as $0.89 before paring back its gains. Ripple's market ...
'Clear and Loud': Parity to Drop First Bid for Frozen Ether Fix
Parity Technologies suggested today it may not continue to pursue changes to the ethereum blockchain's software as a way to reclaim hundreds of millions in inaccessible customer funds. The development comes days after the company outlined four ethereum ...
UPS bets on blockchain as the future of the trillion-dollar shipping ...
UPS bets on blockchain as the future of the trillion-dollar shipping ...
UPS bets on blockchain as the future of the trillion-dollar shipping industry
The world is run by trade. Freight and logistics in the U.S. alone account for nearly $1.5 trillion annually (2015 data). As the world's economies scale up, that number is only expected to increase as we become more dependent on the international ...
Five myths about bitcoin
This month, bitcoin, the digital currency launched by Satoshi Nakamoto in 2009, hit a record price of $17,428.42 per coin. It got its own futures market at a traditional brokerage firm, and it even earned a joke in a recent "Saturday Night Live" sketch ...
16.3 million Americans buy and sell bitcoin frequently
Cboe's bitcoin futures are on track for a stellar first week, the CME will launch its own contract Monday and Nasdaq plans to do the same next year. Still, 74% of adults have never used the digital asset at all, according to a new Morning Consult ...
Venezuela to Regulate Bitcoin Mining
According to local sources, the government of Venezuela is scheduled to launch an online registry for Bitcoin miners by Dec. 22. All Bitcoin miners in the country will be required to sign up. The registry is the first step in the development of a full ...
Monero Mining Malware Hits Russian Pipeline Giant Transneft
Russian pipeline giant Transneft, according to Reuters, had to clear malware from its systems that clandestinely mined the privacy-oriented cryptocurrency monero. It's not clear how many computers were impacted, but Reuters quoted a senior Transneft ...
Italian woman jailed in Denmark for ordering murder online in bitcoin
An Italian woman who ordered the murder of her boyfriend through a website and paid a hitman in bitcoin digital currency was sentenced on Friday to six years in a Danish jail. The 58-year-old woman ordered the murder - which was never carried out - in ...
Long Island Woman Charged With Using Bitcoin To Launder Money To Support ISIS
According to Justice Department court filings, the defendant used more than a dozen credit cards — six of which allegedly were fraudulently obtained — to buy approximately $62,700 in Bitcoin and other cryptocurrencies. The government says Shahnaz ...
Another Major Agency Wants to Regulate Bitcoin Because it's Growing So Fast
Bitcoin's meteoric rise has moved it out of the shadows of finance. The latest sign that it's becoming part of the mainstream came Friday when a key U.S. agency proposed that trading be regulated much like other commodities. Specifically, the Commodity ...
Bitcoin Proxies Outperformed the Digital Currency Itself This Week
Bitcoin-related stocks, often seen as a safer bet than the volatile cryptocurrency, have outperformed the digital token since Monday, after a dose of optimism brought on by its futures debut on the Cboe exchange spurred a crypto feeding frenzy. The ...
Cryptocurrency: From Basic Definitions to Expert Issues in One Interview
You'd have to be living in some kind of a news blackout not to have heard chatter about cryptocurrencies recently. The granddaddy of 'em all – BitCoin – has appreciated roughly 2000% over the past twelve months. This puts the total value of all BitCoin ...
US Commodities Regulator Proposes Definition for Cryptocurrency 'Delivery'
The U.S. Commodity Futures Trading Commission (CFTC) has published a proposed interpretation of how it will deem that a cryptocurrency has been "delivered" from a buyer to a seller. The agency – which more than two years ago announced that it would ...
The Federal Government Is Starting to Cash In Millions of Seized Bitcoin
A federal judge in Utah has given federal authorities permission to sell its cache of seized Bitcoins, which have a current value of over $9 million. (Feds were also cleared to sell Bitcoin Cash that was seized, which add just under $1 million to the ...
Woman jailed over failed Bitcoin plot to murder her boyfriend
The Italian woman, who lives in Denmark, ordered the killing in March by transferring 4.1 Bitcoin, then worth around £3,000. 18:44, UK, Friday 15 December 2017. Bitcoin. Image: The woman paid about £3,000 worth of Bitcoin to the hitman. A woman who ...
New Blockchain-Based Startup Creates New Opportunities for Charity
All proceeds from these auctions will be donated to the Blockchain Education Network (BEN), an international nonprofit organization dedicated to forming a network of students; the Bancor Foundation, which promotes the development and adoption of the ...
Ethereum, Ripple And Litecoin Have Arrived on Bloomberg Terminals
Financial data firm Bloomberg has added three new cryptocurrencies – ethereum (ether), Ripple (XRP) and litecoin – alongside bitcoin on its Terminal service. According to a Fortune report, sources said the addition of the new price data is aimed at ...
Video Websites Used For Mining By Hackers
In the past, the likes of torrent website PirateBay has grabbed headlines for mining cryptocurrencies with users hardware. Adguard, makers of privacy and ad-blocking software, estimate that over a billion users have had malicious software installed on ...
Bitcoin Futures Jump Above $18000 Ahead Of CME's Launch
The cryptocurrency Bitcoin shot up nearly 8% Friday morning on Cboe Global Markets (CBOE), as investors await the launch of CME Group's (CME) Bitcoin futures on Monday. X CBOE's Bitcoin futures contracts, which began trading on Sunday, were up 7.7% to ...
HPE Will Offer R3 Corda Blockchain Tech On Its Non-Stop Computing Platform
“Our customers have been playing with blockchain for two or three years, and especially in finserv which leads the pack in terms of investment and experimentation,” said Davison. “With some exceptions, platforms are still pretty immature but banks are ...