Blockchain News

Bitcoin Gets Close to $5000
Bitcoin began September by approaching $5,000, following up on a record-breaking run in August spurred by optimism that faster transaction times will hasten the spread of the cryptocurrency. The largest digital tender has surged on the acceptance of a ...
BTC-e's Big Claim: Bitcoin Withdrawals to Begin Tomorrow
BTC-e, the long-running and controversial bitcoin exchange targeted by US authorities last month, has claimed that users will be able to withdraw their funds beginning tomorrow. As previously reported, BTC-e – after its original domain had been seized ...
The Government Blockchain Association, Fostering Blockchain Technology Among the Government Sector
On September 1, 2017, the Government Blockchain Association (GBA), an organization dedicated to creating a public dialogue around blockchain-based solutions for civil servants and government organizations, provided updates of its continuing efforts and ...
Cryptocurrency Retirement Fund Bitcoin IRA Launches Ripple Savings
Miguel Vias, Head of XRP Markets at Ripple, said: “As institutional adoption of Ripple's enterprise blockchain solution has grown, people increasingly understand the future opportunity for banks, payment providers, and other institutions to use XRP as ...
Six Banking Giants Just Decided to Partner to Create a New Cryptocurrency
That's why banks and other financial institutions have been taking a good hard look at blockchain, a decentralized, distributed digital ledger technology first created to support the bitcoin cryptocurrency. Now, six of those banks have decided the best ...
Russia Could Pass Cryptocurrency Law This Year, Senior Lawmaker Says
The comments come amid a flurry of news out of Russia on the cryptocurrency front. The country's deputy finance minister, for example, said earlier this week that he thinks bitcoin trading should be restricted to qualified investors. The chief internet ...
AxionV: AI Cryptocurrency Fund Leading the Way in ICO Security
In this regard, one such company rises above the rest. Its name is AxionV, and it is currently about to undergo its Initial Coin Offering (ICO) on September 16. AxionV is an AI crypto fund which uses proprietary algorithms and complex trading ...
Illinois Blockchain Initiative And Evernym Will Verify Birth Certificates With Blockchain Technology
On August 31, 2017, the Illinois Blockchain Initiative (IBI), a collaboration sponsored by the state of Illinois to explore blockchain innovation, announced a partnership with digital identity company Evernym in an effort to put birth certificates on a ...
Microsoft Joins IC3 To Advance Work On Blockchain Infrastructure
IC3 and Microsoft will work together to make the financial system more flexible, transparent, and secure by researching blockchain applications for enterprise adoption. Other industry partners include IBM, Intel, Fidelity Labs, and Digital Asset. IC3 ...
Ethereum's Founder Struck a Deal with a Russian Bank to Create 'Ethereum Russia'
Ethereum founder Vitalek Buterin has struck a deal to create a completely new entity, called Ethereum Russia, with Russia's state-owned Bank for Development and Foreign Economic Affairs, otherwise known as Vnesheconombank (VEB). Ethereum Russia ...
HEROcoin is the Ethereum based cryptocurrency for gamers who gamble
Herosphere is preparing an ICO to issue HEROcoin, an Ethereum based cryptocurrency for betting. On September 14th customers will be able to spend ETH for HERO and become part of a community that's being designed to rub out the middle-man, and ...
HIT Think How blockchain could help boost healthcare security
If we were to make a word-cloud of buzzwords, I have little doubt that blockchain would be represented by a very large font. Despite the potential risks and unknowns around blockchain, there does appear to be some incredibly exciting and useful ...
Seattle-based RChain takes on Bitcoin and Ethereum with new blockchain technology
Although blockchains have largely been used to power digital cryptocurrencies like Bitcoin or Ethereum, they could also enable new kinds of decentralized social networks, smart financial technologies, or ultra-secure medical record systems. However ...
Ethereum Classic Price Jumps Past $20 During 23% Climb
When the cryptocurrency markets soared in May and June, ethereum classic was one of the greatest beneficiaries. Between April and June, the ethereum classic price rose 800%, peaking at $24 on June 18. However, the markets took a turn for the worse, and ...
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A physical Satori bitcoin is seen at the Coin Trader bitcoin retail store in Tokyo, Japan, on Wednesday, Aug. 30, 2017. Stock of Bitcoin, the best-known digital currency, has surged 358 percent this year. While staggering, lesser-known competitors have ...
Here are 8 of the most bizarre cryptocurrencies on the market
Digital currencies, such as Bitcoin, are powered by distributed ledger technology and are not controlled by a centralized authority. Cryptocurrencies have been around for almost a decade but the rapid appreciation of bitcoin and other cryptocurrencies ...
Monopoly-Resistant Mining? Paper Claims Bitcoin Centralization Fears Overblown
Bitcoin might be naturally resistant to mining monopolies – or so claims a new research paper authored by University of Siena professor of economics, Nicola Dimitri. At a high level, the paper contends "the intrinsic structure of the mining activity ...
Monero Is Not Just a Tool for Hiding Illegal Activity
Bitcoin saw most of its first use cases thanks to the darknet. Unfortunately, this also means Bitcoin and some other cryptocurrencies will always be associated with criminal activity, especially over the internet. Monero falls victim to the same ...
Sitcom Silicon Valley's Pied Piper is Now Real Thing Thanks to Blockchain
HBO's popular sitcom, based on a startup trying to make it big in Silicon Valley, under the same name, has seen its made-up product become a reality with the power of Blockchain technology and cryptocurrencies. Pied Piper, which has a phony website ...
Current State of Bitcoin, Ethereum Market - Tips for Classic Traders, Crypto Businesses
Newcomers are strengthening their positions in the financial markets: the cryptocurrencies are taking their places among the products of broker companies and in portfolios of investors and speculators. What is going on in the market of Bitcoin and ...
Bitcoin continues record price run as Ethereum nears $400
Bitcoin's price has surged to a new record-breaking high of $4,890, as the price of rival currency ethereum climbed up to just below $400. The volatile cryptocurrency's record-breaking run has continued, with its value soaring above $4,700 for the ...
Is John Cena Wrestling Bitcoin Price Towards The Moon?
itcoin has recently hit another rally after moving sideways at about $4,300 for a week or so, but the recent spike has been hard to explain - so perhaps it was wrestler John Cena? The WWE super star posted a cryptic picture of a bunch of physical ...
Central Bank-Backed Group Plans Blockchain Platform Launch in India
A research group founded by India's central bank has reportedly announced plans to launch a new blockchain platform. Though the specifics of the launch aren't clear, the Institute for Development and Research in Banking Technology (IDRBT), founded in ...
Bitcoin Is Getting Crazy Close to Breaking the $5000 Mark
Bitcoin's rise comes despite concerns that the cryptocurrency could split into two come November, forming a so-called "hard fork." In November, an upgrade to bitcoin's underlying software is expected to speed up transactions by increasing how many it ...
What will we see first: Dow 30000 or bitcoin $30000?
Those targets would represent vastly different growth stories. The Dow Jones Industrial Average DJIA, +0.22% is currently trading around 22,000, meaning it would need to rise about 36.5% to hit that milestone. Bitcoin BTCUSD, +2.07% meanwhile, is at ...
ICO Analysis: Enjin Coin
Enjin says on the token ICO page that they will be using Bancor to issue the tokens, but they don't mention much in their whitepaper about their thinking here, or how this makes things better. In any case, Bancor is an established way of issuing tokens ...
PayThink Custom tokens are the future of cryptocurrency
At more than 850 crytpocurrencies already in less than a decade, it is no wonder that explorations are now diverting to use of custom tokens to address the immediate needs of specific industries. Major industries are grappling with major constraints in ...
Bitcoin – Recent Trends in Cryptocurrency
Working outside centralized financial institutions, this digital or cryptocurrency – regulated by encryption techniques rather than fiscal regulations – has now been providing a means to generate personal wealth that is thriving beyond traditional ...
Blockchain Is Slowly Changing Digital Banking In India, Thanks To These Startups
After years of talk and hype, Indian banks are slowly taking the first steps toward moving a significant piece of financial infrastructure onto a so-called blockchain — the engine that drives the virtual currency Bitcoin. Last October, ICICI Bank ...
What Cryptocurrencies and Value Investing Have In Common
The word 'cryptocurrency' is a synonym for 'gambling' in the minds of many traditional stock market investors. It's definitely true that assets like Bitcoin and Ethereum are of a very speculative and volatile nature. However, the steadily increasing ...
Swiss Govt-Backed Ambrosus Raises $30 Million Ahead of ICO
Ambrosus says its token presale, which is ongoing, has already surpassed $30 million. On September 13, the Ambrosus ICO will open to the public and has a hard cap of 100 million CHF (est. $100 million). Ambrosus Co-Founder and CEO Angel Versetti ...
China's Internet Finance Association Issues ICO Warning
Already, the central bank is said to be drafting regulations which may seek to suspend all ICO activity. A draft of regulatory measures for ICOs was published last week that suggested they could be classified as illegal. It seems some domestic ICO ...
Bitcoin - The New Hedging Tool
Recent events shows that investors are increasingly using Bitcoin as a hedging tool against geo-politics and market uncertainties. In the next 10 years, Bitcoin will gain immense popularity as a hedging tool. 10% divest of money from gold to Bitcoin ...
Equity podcast: The Uber saga, delayed IPOs and just what is an ICO?
With the help of Angus, we then chewed through the dynamics that are keeping a host of private companies private, looking backwards through time to understand how the market got to be where it is today. And, to cap things off, we dove into the ICO pool ...
Blockchain settlement project steams ahead
The Utility Settlement Coin (USC) project was established in 2015 with the aim of developing a form of asset-backed digital cash, USC tokens, to be used in clearing and settling financial transactions on a platform built using blockchain technology ...
Another Bitcoin New York Agreement Partner Cancels SegWit2x Support
While Bitcoin (BTC) markets have shaken off uncertainty, commentator Oleg Andreev has conversely suggested the hard fork is a “FUD project” hampering Bitcoin prices. “We would like to honor the agreement that we subscribed to (as one of the first ...
Cannabis Revolution and the Blockchain it Will Be Built On
This has caused Jessica Versteeg to head up Paragon to try and revolutionise the Cannabis industry on Blockchain technology. Versteeg witnessed first hand how Cannabis can heal when her former boyfriend, Tyler Sash of the New York Giants, would use ...
How Bitcoin's Retail Champion Rolls With Volatile Punches
However, Overstock.com is not fussed as it has a plan for dealing with these changes. Overstock's policy with the Bitcoin it receives from their online store is to keep half, and turn the other half into dollars. This effectively gives them a reserve ...
Microsoft Joins Cornell Blockchain Research Group
Tech giant Microsoft has joined the Cornell Tech-based Initiative for Cryptocurrencies and Contracts (IC3) research effort, it was announced today. Yorke E. Rhodes III, global blockchain business strategist at Microsoft said in a statement that the ...
Blockchain Is Set To Disrupt Industry Infrastructures
In its simplest form, blockchain is a digital ledger system shared and publicly hosted by a verified network of peers, each with a synchronized and identical transcript of the information accommodated in a digital ledger. Blockchain technology does not ...