Blockchain News

US Top Banking Exec Backs Ethereum Over Bitcoin
"When looking at Bitcoin Blockchain versus Ethereum, there's no doubt Ethereum is superior. It doesn't cost as much to mine Ether tokens because it requires less electricity than Bitcoin. Ethereum is not only cheaper than Bitcoin, it is also more ...
Thomson Reuters Launches Blockchain Startup Incubator
In a recent press release, Thomson Reuters, the behemoth news and information company, announced the formation of a new startup tech incubator designed to help facilitate up and coming technological innovation including Blockchain. The new forum ...
Banks trial blockchain solution to speed up guarantee process
“Whether it's crypto currencies or other public applications of blockchain, so far they have not been business grade,” Mr Dobson said. “This proof of concept trial has allowed us to think about how the technology can be used to change onerous ...
Vitalik Buterin: Ethereum's “Scalability Sucks”
The unlikely statement, which is demonstrative of intellectual honesty, came about as a result of a post made to Reddit's Ethereum trading community. The author of the post decided to praise Buterin's handling of a recent post made in the alternative ...
How Blockchain Can Prevent Storage Scams That Hit Banks
Blockchain is a distributed ledger that holds records of digital data or events in a way that makes them tamper-resistant. While many users may access, inspect or add to the data, they can't change or delete it. The original information stays put ...
Dogecoin Exchange Founder Ryan Kennedy In Hot Soup Over Theft of Bitcoins, Money Laundering
Dogecoin exchange founder and convicted rapist Ryan Kennedy lands in fresh hot soup over the theft of Bitcoins, money laundering and fraud. British police have released a statement saying that Ryan Kennedy has been taken into custody. Kennedy is the ...
Bitcoin's Price Surge is Making Hobby Mining Profitable Again
Roque Solis never imagined the bitcoin mining equipment he bought in February would have already paid for itself. And on top of that, made him money. Solis is the president of SoliSYSTEMS Corp, a company that developed an EMV smart card for electronic ...
Ripple's XRP: Giving the Third-Largest Cryptocurrency a Second Look
He has been a member of the online discussion forum Bitcoin Talk since September, 2011. In this opinion piece, P4man looks at the cryptocurrency market to see if there is a credible investment alternative to bitcoin, focusing this time on XRP, the ...
The Healthcare Industry Turns to Blockchain Tech for Security
IBM Watson Health announced in January that they are cooperating with the US Food and Drug Administration (FDA) in order to research blockchain tech applications towards the exchange of data in the industry. The tech giant set an expected date for the ...
Amit Bhardwaj Launches Pioneering e-Book on Cryptocurrency
Amit Bhardwaj, the Founder of Amaze Mining & Research Limited, today announced the launch of his pioneering e-book, 'Cryptocurrency for Beginners'. The book seeks to provide context and clarity on the relatively unexplored and technology-dense world ...
ConsenSys Sets Up Blockchain for Social Impact Coalition, 22 Members Onboard
In order to encourage the use of blockchain technology to create a positive social impact, ConsenSys has put together a group of companies to influence the development of blockchain solutions. The initiative called the Blockchain for Social Impact ...
Ethereum Price Weekly Analysis – ETH/USD Breakdown Looks Real
Ethereum Price Weekly Analysis – ETH/USD Breakdown Looks Real. Posted on 5:08 am July 9, 2017 Author Aayush JindalCategories Altcoins, Analysis, Ethereum Analysis, Opinion, TradingTags Ethereum Price analysis, Ethereum Price chart, ethereum ...
$100 Billion Cryptocurrency Market Showing Signs of Maturity as Mainstream Investment Appeal Grows
Cryptocurrency has burst onto the financial scene like a blazing comet, offering investors a new asset class to grow their wealth, hedge against instability and escape the grips of central banking. As the market for digital coins crossed the $100 ...
Cryptocurrency Electricity Requirements Surpasses Annual Energy Consumption of Few Nations
The dissent against Bitcoin and other PoW based cryptocurrencies is fueled by the extent of mining operations. As the mining hardware continues to become more powerful, the mining difficulty rises proportionally to maintain a constant emission of new ...
Why Bitcoin's value could get even more volatile
Bitcoin's price could be in for a big drop, and that's because the cryptocurrency is facing a potentially contentious upgrade to its core software in August. If you haven't heard about the impending deadline for a “user-activated soft fork”, here's the ...
Bitcoin Can't Be Considered as Money, Says PBOC Adviser
While the number of Bitcoin users continue to grow, there is still a lack of clarity about the cryptocurrency's status in the financial system. Countries like Japan have already assigned a legal position to Bitcoin as a currency, and there are others ...
Anyone buying hardware to mine Ethereum is going to lose
Know anyone who just spent thousands on hardware for Ethereum mining? Well...
Bitcoin vs Ethereum – Transaction Throughput and Fees
Cryptocurrency enthusiasts often like to compare Bitcoin and Ethereum. These are the two most popular cryptocurrencies and Ethereum is even attempting to take Bitcoin's place as top cryptocurrency. Comparing some aspects show the strengths and ...
Largest Food Delivery Platform in Germany Integrates Bitcoin
Lieferando, the largest food delivery platform in Germany, officially integrated Bitcoin. Users on the platform will be able to pay for food deliveries using Bitcoin. Originally, Lieferando obtained over $18 mln in funding as a regional food delivery ...
Bitcoin Price Fall Is Not Real - Marc Kenigsberg
Secondly, the market is still reacting to Bitmain's threat tactics and the risk of a possible hard fork as retaliation for UASF. Ultimately Bitcoin is still up almost 150 percent YTD so I'm not concerned at all. Clearly, the fundamentals are strong and ...
Blockchain to Help Control US Marijuana Industry
Recent ballot measures in a number of states have made marijuana legal for different uses, including medicine. However, states have created complex monitoring systems that require extensive manpower to manage. Enter Blockchain technology. CyberCar ...
Poloniex interrompe depósitos e retiradas de Zcash (ZEC)
Devido a essa situação toda, provavelmente, o Zcash sofreu uma queda em seu preço médio para hoje. Segundo o CoinMarketCap, serviço que monitora os mercados de capitalização das criptomoedas, o Zcash, para as últimas 24h está contabilizando ...
Whitepaper Calls for Reforming Justice System in UK Using Blockchain
A recent analysis shows that the justice system in the UK is 'archaic and paper-based.' These problems resulted in inefficient services and poor planning and even worse organization. In fact, only half of trials took place on the day they were supposed ...
Cryptocurrency Ecosystem Continues to Grow as Coinbase Adds 1m new Users in June
Bitcoin adoption is increasing lately. According to some unconfirmed sources, Coinbase has seen a huge growth in customers throughout June of 2017. The company allegedly added one million users to its already substantial customer base. Unfortunately ...
Software Engineer Buys 20000 BTC in 2010, Quits Job to Travel Around Globe
The recent meteoric rise of Bitcoin and other cryptocurrencies has led to the appearance of some unlikely millionaires. A recent interview by Forbes magazine shows just how powerful Bitcoin has been over the course of the past decade for those who ...
U.S. CFTC Approves Blockchain Startup LedgerX As Cryptocurrency ...
U.S. CFTC Approves Blockchain Startup LedgerX As Cryptocurrency ...
How Blockchain Changes the International Logistics Industry
When blockchain technology turned from a geeky thing into a buzzword for major businesses a few years ago, it was only a matter of time before it expanded far beyond finance into other industries. Its advantages, like tamper-proof design, utter ...
Ripple's Technology Strips Away the Unnecessary Parts of a Pure Blockchain
A lot of people are aware of what the Ripple project is trying to achieve. Their version of blockchain technology is mainly tailored toward banks and financial institutions. However, they also issue a warning when it comes to other banks embracing ...
Smart Contracts for Bitcoin? Lightning's Tadge Dryja Is Working on It
During his work on the transaction-boosting technology Lightning Network, which he has been working on more recently at MIT, he came up with a method of adding some smart contract functionality to bitcoin in a way that he believes could preserve both ...
China and Japan are largely responsible for cryptocurrency's success
The age of cryptocurrencies is upon us, and two countries in particular have been instrumental in their stratospheric rise: China and Japan. Cryptocurrencies have become popular in China due to the government's stringent control of the yuan — a power ...
Is Ripple Set to be the Superstar of Cryptocurrencies?
Bitcoin was the first cryptocurrency, but it has opened the floodgates for many more. One that is catching the eye is Ripple's XRP. The San Francisco start-up has seen its currency grow to a market capitalisation of $10.5bn, which is still small ...
Daily Roundup - July 7, 2017 - Crypto Insider - Bitcoin and ...
Daily Roundup - July 7, 2017 - Crypto Insider - Bitcoin and ...
Former Bain & Co Senior Manager Launches $50 Mln Bitcoin and Ethereum Assets Fund
Former senior manager at management consultancy firm Bain & Co, Roberto Ponce Romay, has launched a Crypto Assets Fund (CAF) to attract investments from wealthy families in the Latin American region. The fund initially aims to raise $50 million to ...
What is the Ethereum Parity Chrome Extension?
Most Ethereum users are too aware of the different wallet solutions at their disposal. Parity is one of the most popular wallet options in this regard. Interestingly enough, the Parity project also has a Chrome extension, which provides similar ...
Futures Grow Closer For LedgerX And Cryptocurrency - ETHNews ...
Futures Grow Closer For LedgerX And Cryptocurrency - ETHNews ...
Swiss City Announces Plan to Verify IDs Using Ethereum
A Swiss city known for its cryptocurrency startup ecosystem is launching a new ethereum-based identity service. The City of Zug announced today that, starting in September, it will offer digital identity services through a new app, connecting a person ...
Blockchain Can Help Save Companies Billions of Dollars with Fraud Protection: Research
China-based Southwestern University of Finance and Economics professors Jun Dai and Yunsen Wang believe Blockchain technology can be used to save companies billions of dollars in losses resulting from the creation of fraudulent electronic files and ...
Delaware Passes Groundbreaking Blockchain Regulation Bill
In April it was reported that the Corporation Law Section of the Delaware State Bar Association (DSBA) had approved Delaware Law Amendments with the intention of delivering statutory authority for businesses in the state to use the blockchain to ...
Lombrozo: Bitcoin Core Developers May Never Use Miner-Focused BIP 9 Signaling Again
One of the key points of contention in the politicization of Bitcoin protocol development over the past couple of years has been the concept of miner signaling. While not intended to be a vote among miners to decide the future of the Bitcoin network ...
China and Japan Are Largely Responsible for the Current Success of Cryptocurrency
The adoption of digital currencies on both the individual and institutional level in China and Japan is propelling cryptocurrencies to ever greater heights. However, some are still skeptical that they are the finance systems of the future due to their ...