Blockchain News

Can Bitcoin Be Considered A Real Asset Class Or Currency?
Bitcoin rally takes a breather. It has real world value and prices should continue to increase or remain fairly stable going forward. If you are an investor, take extreme caution in the current exuberance taking hold of cryptocurrencies. There seem to ...
Okay, WTF Is Ethereum?
But unless you're already pretty involved in the cryptocurrency world, you may not have heard of ethereum, the second largest crypto asset that's recently been giving bitcoin a run for its virtual money. Even if you have heard of ethereum, you may be ...
First Look: Bitcoin Scaling Proposal Segwit2x Gets Alpha Release
The working group behind the Segwit2x bitcoin scaling proposal has announced that the first version of its code is now ready for review and testing. As such, the release provides the market with a first look at the technology underlying one of the most ...
Cryptocurrency Initial Coin Offerings Are Helping Startups Raise Millions
You may have heard of Bitcoin, Ethereum and other various cryptocurrencies in the news recently. Now, entrepreneurs have officially got their hands on the market for fund raising purposes. Just the other day, Bancor raised $155 million in ...
U.S. Tech Firm in Blockchain Tie-Up With Insurance Advisory Firm ...
U.S. Tech Firm in Blockchain Tie-Up With Insurance Advisory Firm ...
US tech firm in blockchain tie-up with insurance advisory firm
"Blockchain technology can bring transparency and security to the insurance industry, and can be a catalyst for new insurance business models," Bitfury Chief Executive Valery Vavilov said in a statement. While the insurance industry writes more than $5 ...
Skincoin Aims to Become an Irreplaceable Cryptocurrency in the Online Gaming Market
Skincoin is a unique cryptocurrency, designed exclusively for the online gaming community. The Skincoin tokens (SKIN) can be used to trade game skins, wager bets on gambling and eSports platforms and more. The token will be accompanied by its own ...
US Tech Firm in Blockchain Tie-Up With Insurance Advisory Firm
The partnership will initially explore putting cyber-insurance and political risk activities on a blockchain-based system, Risk Cooperatives founder and CEO Dante Disparte said in an email. "This system will speed up the underwriting process on a ...
We Need More Blockchain Companies in Remittance Sector, Here's Why
According to Cassidy, Blockchain technology in the remittance sector is developing at a very fast rate. New creations on top of the Ethereum Blockchain have the potential to make a real impact, as is already being recognized within the mainstream ...
As energy markets change, GE, blockchain hope to provide economic solutions
Energy traders are a less visible part of the market compared to retail and wholesale power suppliers. They exist in certain markets to bid on the constantly fluctuating price of electricity, which is useful for owners of power-generating plants to ...
Bitcoin storms back - Business Insider
Bitcoin has come all the way back from Thursday's steep slide. The cryptocurrency tumbled as much as 18.5% to $2,076 a coin after the scaing debate came ...
Israel's blockchain blockbuster
A record-setting round of fundraising by Israel-based blockchain startup Bancor has focused international attention on the new and fast-moving technology in the country. Bancor on Monday (June 12) managed to gather around $150 million in what is called ...
Messenger app Kik betting on its own cryptocurrency to upend the online business model
But that's about to change. Kik recently became the first company outside the cryptocurrency community to announce plans to launch a crypto-token, a digital asset transferred through a shared database, or blockchain, that ensures all transactions are ...
At AICPA Engage, blockchain is on the brain
Blockchain was a favored subject during the American Institute of CPAs annual conference, AICPA Engage, in Las Vegas this year, held June 11-15. Sessions on the technology were well attended, with attendees clearly interested in learning how the ...
Why Bitcoin Went Down Hard
Wow, Bitcoin (COIN) took a rather spectacular dive since 6-12 but interestingly it's only down 18% since last week. There has been a FED hike, competing crypto currency Ethereum nearly overtook Bitcoin as the leader in market cap and there have been ...
Investing In Bitcoin: A Wise Choice?
June 16, 20175:05 AM ET. Heard on Morning Edition. Kevin Leahy. The price of bitcoin has been soaring, leading some amateur investors to jump into the virtual currency market. But even enthusiasts are worried the price surge might be a bubble about to ...
Bitcoin Foundation Individual Seat Candidate Transcription: Nilam Doctor
Adam B. Levine (Let's Talk Bitcoin): Please introduce yourself and give a brief overview of what you hope to accomplish with your candidacy. Nilam Doctor: I am Nilam Doctor from India. And also [couldn't understand] Mauritius. I'm a lifetime member of ...
Cryptocurrency Analysis: Bitcoin, Ethereum, Ripple, Litecoin, Dash, Ethereum Classic, Monero
Coins rebounded strongly yesterday after the morning massacre as both Bitcoin and Ethereum respected the support levels that we have been monitoring. The quick correction sliced a large chunk out of the capitalization of the majors, but the whole ...
Ethereum Price Technical Analysis – ETH/USD To Correct Further
Ethereum Price Technical Analysis – ETH/USD To Correct Further. Posted on 6:00 am June 16, 2017 Author Aayush JindalCategories Altcoins, Analysis, Ethereum Analysis, Opinion, Trading. Ethereum price correction looks real against the US Dollar and ...
Small Chinese firm threatens to derail plummeting bitcoin
A little-known Chinese company is threatening to put a fork in the high-flying bitcoin rally — a “hard fork,” to be precise. The controversial cryto-currency, long favored by tech geeks and drug lords alike, has taken a painful price hit this week ...
Ray Kurzweil Embraces Blockchain Technology, Cites Instability in Bitcoin
If Kurzweil characterized Bitcoin as an unstable digital currency due to Blockchain congestion and its underlying scaling issues, it is important for anyone to consider why it is so difficult and complex to come to a consensus and agreement within the ...
Government Supports the Launch of New Chicago Blockchain Center
The Chicago Blockchain Center (CBC) was established to oversee the development of Blockchain startups and provide mentorship for entrepreneurs, students, and anyone who wants to learn about the intricacies of Blockchain. CBC will also host different ...
Bitcoin and Ethereum Just Crashed, Taking Coinbase Down With Them
After both hit all-time highs earlier this week, Bitcoin and Ethereum prices plummeted as much as 25% Thursday — but many investors were unable to trade for much of the selloff. Coinbase, a leading cryptocurrency exchange, confirmed that it was ...
Former People's Bank of China Official to Give Cryptocurrency Lecture
A former official of China's central bank is set to give a lecture on cryptocurrencies later this month. Ping Xie was the first bureau chief of the People's Bank of China's Financial Stability Bureau. During his time at the PBoC, Xie worked in the ...
Opinion: Stay away from bitcoin — it's complete garbage
Bitcoin, the grandaddy of them all, might at one point have claimed value as a unique entity. If it had a monopoly of the people who wanted to use a cryptocurrency so they could play online poker or finance international crime, it had some worth. Yet ...
Surging bitcoin gets tarnished, dropping 19% in a day
The cryptocurrency bitcoin tumbled 19 percent on Thursday, halting for now its torrid advance this year. Previously, the digital currency has more than tripled this year, recently nearing $3,000. On Thursday, though, it slid to almost $2,000, according ...
Bitcoin is on pace to have its worst week since 2015
Bitcoin BTCUSD, -3.56% has dropped 18.5% over the past week to a value of $2,317, which would mark its steepest weekly decline since Jan. 16, 2015, according to WSJ Market Data Group. Thursday's more-than-15% drop would represent its largest ...
The Ethereum Network Is DDoS-ing Itself
However the huge number of transactions being carried out as people rushed to buy Bancor tokens caused the Ethereum network to grind to a halt. In other words, the popularity of the Bancor ICO had caused the Ethereum network to essentially launch a ...
5 Intriguing Ethereum ERC20 Blockchain Projects
Blockchain-based crypto-tokens can be issued on the Ethereum. There are different token types that may be deployed on Ethereum. One such, the ERC20 token standard, has become a favorite of developers. The intriguing projects which are issuing ERC20 ...
Cryptocurrencies More Assets Than Actual Currencies, Says Morgan Stanley
The analysts, including James Faucette, stated that BTC and other cryptocurrencies, such as Ethereum and Ripple, are more like “investment vehicles” than fiat currencies that people can spend on products and services. Additionally, Morgan Stanley ...
Bitcoin Faces Urgent Scalability Problems
Bitcoin is on a bull run as investors are becoming more comfortable with the technology and what it offers. As a currency, Bitcoin faces major problems with its transaction speed, which if left unaddressed can limit Bitcoin's potential. The two most ...
Crypto Massacre: Why Value of Bitcoin, Ethereum, Ripple, NEM & Others Sharply Fell
On June 15, the cryptocurrency market experienced a major market correction as the value of leading cryptocurrencies including Bitcoin, Ethereum, Ripple, Ethereum Classic and NEM sharply fell. In total, the cryptocurrency market lost around $16 bln in ...
Bitcoin is Not Responsible for Online Drug Dealing
Bitcoin is a currency that is born out of the Internet and is used on networks both for legal and illegal purposes - the intervention of the state at some level is a foregone conclusion. When it comes to the sale of drugs online, the issues are complex ...
What is Ethereum? Is it the next Bitcoin? 3 misconceptions about the hot new digital technology
Ethereum, a new technology invented by a 19-year-old genius, has been taking the finance world by storm. The media is buzzing about its growth of over 2,000% in 2017. But like Bitcoin, a cryptocurrency that's much better known, Ethereum is still ...
Bitcoin-Ethereum Flippening Fervor “Makes No Sense,” Claims Vinny Lingham
Bitcoin is designed to function as a currency (which is why Bitcoin nodes validate addresses), while ether is meant to serve as fuel for Ethereum's decentralized smart contracts platform; this is why the developers of Ethereum refer to ether as a ...
Ethereum Classic Becomes First Crypto Research On Bloomberg Terminals
Ethereum Classic has made history becoming the first digital currency research available on Bloomberg Terminals. Barry Silbert, the creator of the Ethereum Classic Fund administered by his Grayscale Investments, oversaw the asset's thesis become ...
Ethereum unleashed the “initial coin offering” craze, but it can't handle its insane success
The latest craze in the cryptocurrency markets just got crazier. An outfit called the Bancor Foundation raised $153 million worth of ether (the coin of the cryptocurrency ethereum) by selling its digital tokens (the equivalent of shares) for three ...
Bitcoin bubble bursts as cryptocurrency plunges nearly 20 per cent
After flirting with US$3,000 on Monday, the cryptocurrency has retreated to as low as US$2,076.16 in intraday trading. Other digital coins are also falling. The decline coincides with a slide in technology stocks that began after a report from Goldman ...
US Should Encourage Blockchain Investments, Says Former Defense Official
The US should promote investments in blockchain-based solutions as part of a broader fight against cyberthreats, a former US Defense Department official has said. Eric Rosenbach, in testimony before the US Senate Foreign Relations Committee earlier ...
Goldman Sachs Side-Eyes Bitcoin Just Long Enough To Perfectly Call The Top
Goldman_Sachs-bitcoin It was with the air of a Julliard-trained violinist reluctantly bowing the first notes of Devil Went Down To Georgia for a family wedding that Goldman Sachs initiated coverage of the speculative money-laundering-based asset and ...