Blockchain News

OTC Exchange Network Secures Series A Funding for Blockchain-Based FX Platform
OTC Exchange Network Inc. (OTCXN), a participant in Silicon Valley's fintech and Blockchain community, today announced the closing of its Series A round of financing. OTCXN leverages Blockchain, also known as Distributed or Shared Ledger Technology, ...
Financial sector expands use of blockchain databases
Banks and financial markets are adopting blockchain distributed database software for their payments and lending services at a pace faster than once expected, according to a survey of 400 such businesses globally. Blockchain software is the basis of ...
Blockchain Startups Are Hoping to Fix the Cannabis Industry's Banking Problem
Now, a number of startups are using blockchain technology to to facilitate business transactions in the cannabis industry. With digital currency, they're hoping to target the nearly 75 percent of all cannabis businesses that operate only in cash and ...
Bitcoin Price Watch; Let's Get Some Momentum Going…
So it is Wednesday morning, and time to take the first of our two looks at the bitcoin price. Action this week has been relatively dull. We have seen some up and down action, and a few decent scalp entries have enabled us to draw a quick profit on the ...
Bitcoin? Nonsense!
It was in the media recently that an entity is trying to set up a Bitcoin exchange in Jamaica. I am astounded that any Jamaican authority would even shake hands with any proposer of this idiocy. I am therefore alarmed that, according to the deputy ...
Ethereum Classic Price Technical Analysis – ETC Just Formed Bottom
Ethereum classic price after forming a bottom near 0.00182BTC against the Bitcoin jumped higher. There was a sharp move higher, as the ETC/BTC pair broke yesterday's highlighted bearish trend line on the hourly chart (data feed via Simplefx). The price ...
Ethereum Price Technical Analysis – Buy Dips In ETH/USD?
Ethereum price after struggling for a few sessions against the US Dollar finally managed to trade higher. There was a nice upside move, and the price managed to clear a couple of short-term resistances. I highlighted a bearish trend line on the hourly ...
ASX completes blockchain trading platform prototype
The Australian Securities Exchange (ASX) has said that its blockchain initiative is on track for a final decision in the second half of 2017, with the prototype complete and the organisation now moving to building an "industrial-strength solution" to ...
Public blockchain investments heat up: $5 million in 5 minutes
No longer are young blockchain startups laboring in the traditional capital markets of angel investors and venture capital firms. Instead, we're seeing massive demand for blockchain assets from investors globally who have no qualms about sending ...
The Needham Report Forecasts Bitcoin Price to Hit $848
According to the report, the adoption rate of Bitcoin has been better than all previous expectations. With increasing demand, the price projections for the digital currency has improved as well. The Needham report has revised its project from $655 to ...
1776 to open new center focused on blockchain technology ...
1776 to open new center focused on blockchain technology ...
A Second Internet, Coming Soon, Courtesy of the Blockchain
A Union Square Ventures and Y Combinator backed startup called Blockstack, just barely out of stealth mode, has been designing an alternative browser for what could be fairly described as another internet, one powered by the bitcoin blockchain. “They ...
South Africa Loves Bitcoin
CT: Could you paint a vivid picture of the Bitcoin Start-up landscape in South Africa? WR: The biggest adoption in South Africa seems to be investors using it as a store of wealth. We've seen a big increase in the amount of investors and funds ...
It's Q4 2016, So Where Is Bitcoin's Consumer Demand?
Bitcoin's main problem, to be frank, is that it's core development is run by backroom programmers and cryptographers – all of whom lack a basic understanding of the payments industry, the type of software consumers want, and the mechanisms through ...
R3, Banks, Fintech Startups Test Blockchain Platform for Syndicated Loans
A group of banks, the R3 blockchain consortium and Fintech startup Symbiont have created completed the trail of a proof of concept blockchain simulating an exchange of syndicated loans. An increasing number of financial instruments are being tested, ...
Currency Settlement Service CLS Reveals Big Blockchain Ambitions
Multi-currency cash settlement system provider CLS is building a payments netting service that will enable cash trades on IBM's Fabric blockchain. Unveiled today at the Sibos financial industry conference in Geneva, the service will mark the entrance ...
ICONOMI 'Uberizing' Blockchain Platform Eclipses $6m In Fintech Crowdsale
Tantalisingly dubbed a Blockchain 'Uber for Fund Management', ICONOMI, has today raised over on $6m to become the third largest crowdfunded investment sale ever. And, the initiative's founders are on a mission to prove that the concept of 'uberization ...
Ethereum Based US Gaming Company Raises $6 Mln in Crowdsale
“Ethereum has three main advantages. These include smart contracts, fast block times, and a vibrant ecosystem,” said Zack Coburn, FirstBlood's smart contract architect. “Smart contracts allow us to design our token, witness/jury system and game ...
Introducing BCoin, Purse's Bitcoin Javascript Library
I'm no programmer, but even I know BitcoinQt (Core) is difficult to work with. Every programmer says so. Core is tried and tested but cumbersome and its development is byzantine. Enter BCoin, the Javascript bitcoin library that includes all the latest ...
India: Migration, Remittance & Bitcoin
At the time when bitcoin is rising on the popularity charts in India, Coinsecure and OKCoin have entered into a partnership to enable remittances into India via the blockchain technology. Bitcoin's underlying technology – the blockchain is the buzz ...
Ethereum vs Ethereum: Which Is the Ship of Theseus?
Now we are seeing this sort of scenario in our crypto community with the Ethereum hard fork, which was met by many, not with anger but with compliments and commendations for being exemplary and kindhearted. By modifying Ethereum codes, the hard fork ...
Botswana Bitcoin & Blockchain Summit Will Train Developers To Build Apps
The Satoshi Centre in collaboration with GDG Gaborone and Partners are putting together the first ever Botswana Bitcoin & Blockchain Summit. It is scheduled from 25-26 November, 2016, at the Botswana University in Gaborone. With the theme 'Bitcoin ...
Swedish Investment Portal Sees Bitcoin as a Currency for the Future
Aktiespararna, a news site of the Swedish Shareholders' Association that offers investment advice, has posted an article presenting bitcoin as a future currency that can address the problems of security. The article focuses on the importance of ...
R3 Banks, Startups Test Blockchain System for Syndicated Loans ...
R3 Banks, Startups Test Blockchain System for Syndicated Loans ...
Tens of Thousands of Merchants Accept Bitcoin in South Africa as Government is Friendly
WR: The biggest adoption of Bitcoin in South Africa seems to be investors using it as a store of wealth. We've seen a big increase in the amount of investors and funds dedicating a section of their portfolio to Bitcoin. This enables companies like BitX ...
Blockchain Database Startup BigchainDB Raises €3 Million
A startup seeking to scale blockchain for enterprise use has raised €3m ($3.37m) in venture capital to do for databases what bitcoin's blockchain did for ledgers. Led by Earlybird Ventures and featuring participation from Anthemis Group, RWE Ventures, ...
Bitcoin Takes on Eastern Europe as Blockchain & Bitcoin Conference Lands in Kiev
“The audience engagement at this conference is really impressive,” Krupyshev told Bitcoin Magazine after his talk. “People here are really curious about Bitcoin and blockchain technology. They're not passive or bored listeners. [They] actually want to ...
Microsoft-BAML Blockchain Partnership Aims to Improve Trade Finance
Microsoft msft and Bank of America Merrill Lynch have joined forces on a project to use blockchain technology to make trade finance transactions faster, cheaper, safer, and more transparent, the companies said Tuesday. The two multinationals said at ...
“Uber for Fund Management” Ethereum-based ICONOMI Raises $5.8m in Crowdsale
Developed by Cashila, one of the first registered bitcoin companies in Europe, Ethereum-based ICONOMI is creating a disintermediated alternative to the dollar fund management industry, or as they refer to it, “uberizing Wall Street”. Take the lead from ...
Russian Coffee Shop Pours For Bitcoin
While Russia continues its back-and-forth internal debate on bitcoin, analysts say many governments have already decided that, if they ban bitcoin or any other cryptocurrency, they risk suppressing innovation and perhaps missing out on the quickly ...
Ethereum (ETH and ETC) Price Trends (Week of September 26th)
Also, as was predicted on the day of the Shanghai conference by Jeffrey Wilke, one of the core developers, Ethereum was targeted by a DDoS attack on September 22. As a direct consequence, the network began running much slower. This attack was ...
Microsoft and BAML team up on blockchain-based trade finance project
N) have joined forces on a project to use blockchain technology to make trade finance transactions faster, cheaper, safer and more transparent, the companies said on Tuesday. The two multinationals said at the Sibos financial services conference in ...
Can This 22-year-old Coder Out-Bitcoin the Bitcoin?
The letters in DAO stood for decentralized autonomous organization, and the idea was that the startup would be a new type of corporation—built on the technology that powers cryptocurrencies, such as Bitcoin—with algorithms executing the strategy ...
Microsoft Supports Ethereum Classic, Hosts Meetup with Charles Hoskinson
Microsoft, an American multinational technology corporation, recently hosted an Ethereum Classic meetup joined by original Ethereum founder Charles Hoskinson in its London headquarters. Hoskinson, who left the Ethereum foundation in 2014 before the ...
Bitcoin Price Watch; Will We See A Debate Hangover?
So it's Tuesday morning, and after yesterday's first presidential debate in the US, there's every chance we will see some level of increased volatility in the bitcoin price as we head into the European open this morning. When the US kicks off for the ...
Swiss Central Banker: Blockchain Turning Finance 'On Its Head'
The president and and chairman of the board of Switzerland's central bank described a financial system "turned on its head" by blockchain and distributed ledgers to kick off the Sibos conference yesterday in Switzerland. Addressing a crowd of some 8 ...
BraveNewCoin to Distribute Bitcoin Pricing and Analytics on RIMES MDS
With this new partnership, RIMES' clients have the ability to receive BNC bitcoin pricing from RIMES Benchmark Data Service, for use in their local databases or analytic tools. The BNC index, 'Bitcoin Liquid Index' (BLX), provides tick by tick data ...
Bitcoin is Undervalued as Volumes of Over-The-Counter and Exchange Markets in China Show
Unlike most traditional forms of assets and investment tools in China, Bitcoin is unique in a way that investors and traders can simple move the Cryptocurrency out of the country without any borders or boundaries. Since smuggling the Chinese Yuan, gold ...
New WordPress plugin allows any website to host a Bitcoin faucet
Bitcoin faucets have been around ever since Bitcoin started out more or less. The idea of faucets is simple – visit the faucet in order to get a small amount of Bitcoin to experience your first Bitcoin transaction. The first Bitcoin faucet ever created ...
Don't let banks fool you, the blockchain really does have other uses
Speaking to The Register, fintech consulant Diana Biggs said it seemed "pretty evident that blockchain is very hyped at the moment" and noted a "marked change" from even two years ago, "when no financial institution or professional services firm would ...