Blockchain News

Bitcoin and Blockchain: A Russian Money Laundering Bonanza?
And it's not just attracting cybercriminals—the Kremlin wants to get in on the cryptocurrency revolution by issuing state-backed “bit-ruble.” Cryptocurrencies, such as bitcoin, work on a technology known as blockchain, a decentralized network of ...
The Bitcoin Rally Is Back
“The efficacy of any bitcoin ban is pretty dubious,” said Van Valkenburgh. “It's bullish because if a powerful government like China feels the need to ban major trading, then it's a good indicator that the technology works and that it does what it's ...
Harvest Project Mines ZCash to Fund Climate Change Research
While climate change is a very real problem, it is not something cryptocurrency can solve directly. However, the Harvest project challenges this notion. This project uses a wind turbine to mine the ZCash cryptocurrency. It is an interesting concept ...
This Company Has Brought Cryptocurrency Into The Real World
You've probably heard about cryptocurrency, or its most popular currency, Bitcoin. But you may not have realized there aren't any actual coins, but rather lines of code. And there are very few merchants that are set up to process payments using Bitcoin ...
Bitcoin 'Double Taxation' Relief Bill Introduced in Australia
This state of affairs has been the target of criticism from the country's local bitcoin community, and in March 2016, the government announced a plan to resolve the issue by removing the tax at the time of purchase. Now, months after unveiling a budget ...
Blockchain Industry and Regulatory Leaders Launch Token Alliance
The Token Alliance is open to participants from across technology, legal, advisory and other sectors, with an expertise in Blockchain technology. Companies interested in learning more and participating are encouraged to contact the Chamber of Digital ...
Monero Analysis (XMR/USD) September 19, 2017
Monero had a slightly positive session on Monday, reaching towards the $104 level. That's an area that has been both support and resistance in the past, so it makes sense that we would Paul is here. I do think we eventually break out though, especially ...
Bitcoin just might be forming a top when... your 68-year-old dad paints a picture of it
Some fervent supporters add to their positions. Others keep “hodling,” or maybe take profits. Then there's Ludvig Manukyan, who apparently celebrates bitcoin's incredible rally with his paintbrush. Manukyan's son shared his 68-year-old dad's creation ...
Blockchain marketing technology has arrived and is about to explode
When you think of blockchain, you usually think about cryptocurrencies like Bitcoin, Ethereum, and Litecoin. While these are interesting and disruptive in their own right, it is the non-currency applications of blockchain that could truly revolutionize ...
Bitcoin Bounties to Sniff Out Online Pirates
Bitcoin is often seen as the currency of online pirates. But content producers and rights holders may soon be embedding hidden Bitcoin bounties on to their work to help lead authorities to the pirates spreading it illegally. Anonymously claiming a ...
China Cryptocurrency Ban Only Fuels GPU Sales: RBC
As news broke last Thursday that the Chinese government had moved to halt the exchange of digital currencies in the country, prices for cryptocurrencies such as bitcoin took a dive. Investors also remain fearful as to what the ban means for chipmakers ...
First Part of Ethereum's Metropolis Hard Fork to Hit Ropsten Testnet Next Week
A lot of big things will be happening in the Ethereum ecosystem over the next few months. The first part of the Ethereum Metropolis hard fork is scheduled to be launched in the near future. In fact, it appears the hard fork may arrive on the Ropsten ...
Satoshi vs. Uncle Sam: What Happens When Governments Issue Cryptocurrencies?
What would happen if Bitcoin's and Ethereum's biggest competitor in the cryptocurrency space was the U.S. Federal Reserve? A new report issued by the Bank for International Settlements (BIS) considers whether central banks should issue their own ...
China tightens cryptocurrency ban with new directive
Chinese regulators have decided on a “comprehensive ban” on platforms that allow people to buy or sell virtual currency in China, reports The Wall Street Journal. China is cracking down on Bitcoin trading and also planned to shut down Bitcoin exchanges ...
Scammers Target ICO Investors with Fake Token Sales Offers
The latest trend investors need to look out for now is fake ICO offers where scammers send messages via email, Slack or Telegram falsely claiming to be related to a project and presenting their own address to send funds. One such email received by ...
India Considering Launching Its Own Bitcoin-Like Cryptocurrency
on Saturday, the Business Standard reported that while working on creating a legal framework for bitcoin and other digital currencies, the Indian government is considering launching its own bitcoin-like cryptocurrency. Preempting a report by the BIS ...
Four Facts About Bitcoin
Some experts think that Bitcoin is the “people's currency,” destined to replace national currencies, one day. Others think the digital currency a “fraud” and a “tulip bulb.” What does the average American know and think about Bitcoin? Some Americans ...
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin: Price Analysis, September 18
Nevertheless, after the pullback of the past four days, the digital currency has reached the 50 percent Fibonacci retracement level of the fall from $4975 to $2974, which should act as a resistance. Additionally, Bitcoin is likely to face resistance ...
Bitcoin Secretly Being Used for Money-Laundering?
"Bitcoin or other digital currencies do not require holders to trade under their real name which allows them to be used for money laundering activities," Chan said on the sidelines of a conference on Monday. "Bitcoin and other digital currencies are ...
Why Are GoldMint Launching Their ICO After Chinese Hungry Ghost Festival?
The festival has an impact on decisions like investments and it's why GoldMint have decided to launch their initial coin offering (ICO) on a very special day. We've already covered what GoldMint is about at Cointelegraph, and how they plan to ...
Betmaster commences ICO campaign
Online sports betting platform Betmaster has launched an ICO campaign in an effort to raise additional funds. The company intends to use the finances to support a new range of features, as well as its wider expansion plans. Participants in the ICO ...
Here's why the worst of the bitcoin pullback might still be to come
Then Jamie Dimon, JPMorgan Chase's CEO, took the stage at CNBC's Delivering Alpha conference on Wednesday and called bitcoin a "fraud worse than tulip bulbs." That set off an enormous correction across all these digital currencies. At one point early ...
Bitcoin Surpasses $4000 As Cryptocurrencies Rise In Value
At this level, the cryptocurrency had surged roughly 10.5% in the last 24 hours. Other digital currencies also experienced notable gains during the day. Ether, the second-largest cryptocurrency by market cap, had climbed more than 18% in the last 24 ...
$4000: Bitcoin's Price Shrugs Off China Exchange News
Bitcoin's price has bounced back above $4,000 following market losses linked to the recent regulatory crackdown in China. After China's early September ban on initial coin offerings (ICOS), news on September 15 that bitcoin exchanges were shutting down ...
How to Avoid Confusion With ICO Ticker Selection for Tokens
There are no hard and fast rules in place yet for the selection of ticker symbols to represent a tokenized asset in the crypto space. However, the ability to avoid the use of similar tickers in a decentralized and budding cryptocurrency environment ...
IBM far outranks Microsoft as blockchain industry leader, research says
Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to a study. Big Blue has been making considerable steps forward with research and development projects aimed at broadening the scope of ...
Cash or credit? How about neither — a Columbus clinic will soon accept bitcoin.
A local medical clinic is taking a step into the world of cryptocurrency after it announced it would begin accepting bitcoin as a payment method for treatment. Columbus Physical Medical Center at 118 Enterprise Ct. announced in a press release that it ...
Microgrids and the blockchain are powering our energy future
To ensure that accurate records of these transactions are kept, LO3 has opted to use blockchain distributed ledger technology. This means the microgrid's accounting is decentralised and shared by everyone on the network. “It's virtually unhackable ...
All That's Needed To Hack Gmail And Rob Bitcoin: A Name And A Phone Number
In a video demonstration, shown to Forbes ahead of publication today, benevolent hackers from Positive Technologies were able to take control of a Coinbase bitcoin wallet and start pilfering funds via the SS7 flaws. SS7 weaknesses, despite fixes being ...
Dubai Financial Regulator Issues ICO Warning
A financial markets regulator in Dubai has joined a growing list of authorities around the world to issue a warning on initial coin offerings (ICOs). The Dubai Financial Services Authority (DFSA), the financial regulator of a purpose-built ...
Ethereum-based Lottery Platform KIBO LOTTO Reaches Final Stage of Implementation
The Singapore-based Ethereum platform, which harnesses smart contracts to ensure a transparent formation and distribution of prize funds, confirmed this feat in a recent public announcement. The team is said to have combined 16 working smart contracts ...
Bitcoin Is Back Near $4000 as Price Recovery Proves Staying Power
Overall, this was the lowest total observed on the CoinDesk Bitcoin Price Index since August 5, when a V-shape recovery saw prices rise all the way to $3,875. Yet, just a few days later, the price is already back at that level, having gained 33% in ...
How Blockchain Could Transform The Way International Aid Is Distributed
The technology behind cryptocurrencies such as bitcoin and ethereum, blockchain is essentially a shared digital ledger system: a decentralized database that allows information to be exchanged among several parties but not altered. Transactions become ...
Ethereum Price Heads Toward $300 as Korean Trading Volume Swells
The Ethereum market is always an interesting creature to keep an eye on. To this day, it is still the best-performing cryptocurrency which initially started out as a cryptocurrency ICO. Surpassing the growth Ethereum has seen over the past few years ...
China Widens Bitcoin Crackdown Beyond Commercial Trading
BEIJING—Chinese authorities are moving toward a broad clampdown on bitcoin trading, testing the resilience of the virtual currency as well as the idea its decentralized nature protects it from government interference. Regulators have decided on a ...
Dubai's Afterschool Set to Launch ICO, Aims to Go Global
Dubai-based two-sided after school activity marketplace, Afterschool, has announced its Initial Coin Offering (ICO) to raise $1 million with the issuance of its own Afterschool Tokens (AST). This is an initial step towards the company's goal of ...
Bitcoin price bounces back by nearly $1000 as market moves on from recent drama
Bitcoin has since recovered by around 32 percent since its low on Friday and is currently trading at $3,923.13 per bitcoin. The recent fall was caused by a crackdown by China's regulators. But crypto investors are realizing that China no longer ...
Malta Unveils Blockchain Advisory Board as National Strategy Advances
The government of Malta is forming a new task force to advise on the implementation of the country's national blockchain strategy, announced in April. According to the Malta Independent, the group will review proposals and make recommendations for a ...
Monero Analysis (XMR/USD) September 18, 2017
Monero initially fell during the session on Friday, reaching down towards the $60 level. However, since then we have seen this market go much higher, and now I think we're going to test a significant resistance barrier in the form of $96. The $96 level ...
The Pirate Bay is hijacking visitors' web browsers to mine cryptocurrency
Well, very quickly: Cryptocurrencies (a class of digital currencies, the most famous of which is bitcoin) don't have any central bank or regulatory authority. Instead, people on the network are encouraged to contribute to the network's upkeep by ...