Blockchain News

Terror Thursday: It's a Cryptocurrency Bloodbath
The market correction that a number of analysts have predicted has hit, with leading cryptocurrencies losing in double digits in the last 24 hours. Market leaders bitcoin and Ethereum were not among the biggest losers, dropping 12.81% and 16.04% in the ...
MORGAN STANLEY: There's one company pulling ahead in blockchain tech
Major Wall Street banks have been investing in blockchain technology for years now, but few products have yet to actually reach the market. That's because we're still in a "proof of concept" phase, according to new Morgan Stanley research published ...
Singapore Exchange to Trial Blockchain Verification for Diamond Trading
Singapore Diamond Investment Exchange (SDiX) is working with Kynetix, which develops blockchain-powered commodity marketplaces; and Everledger, which uses the tech to track the trade of diamonds. The three firms are working on an authentication ...
Ethereum News: People Are Making Their Own Ethereum Rigs To Mine Cryptocurrency
Blockchain enthusiasts are cashing in on the cryptocurrency gold rush by making their own hardware rigs for mining tokens like zcash and ether on the Ethereum network. “Mining,” or computational accounting, is the fuel that runs the blockchain networks ...
TrueFlip: Become a Token Holder in the World's Largest Blockchain Lottery
TrueFlip is an international anonymous Blockchain lottery with instant payouts, open source code and a transparent prize fund. The Token Crowdsale will begin on June 28 and will last 30 days – or until all tokens are sold, at a fixed price of 0.0005 ...
Bitcoin Tumbles Most in More Than Two Years After Record Run
Bitcoin tumbled as much as 19 percent, putting the digital currency on pace for its worst week since January 2015, as volatility climbs following a record-setting surge in the price. After flirting with $3,000 on Monday, the cryptocurrency has ...
Bitcoin Loses 13.7 Percent in 24 Hours, Monero Leaves Top 10
The latest cryptocurrency slide has seen Bitcoin and others lose more than 15 percent and Monero leave the top 10. Data from CoinMarketCap shows the effects of Bitcoin's depreciation on Wednesday and Thursday, with every premier altcoin following it ...
Thomson Reuters is making a blockchain push
At a time when financial institutions (FIs) are increasingly building blockchain technology proofs of concept (POCs), data providers have begun capitalizing on this boom by stepping in as secure suppliers of external market data for such solutions ...
Sea of Red: Top 10 Cryptocurrencies See Steep Declines as Market Turns
Just hours after traders reported a shift in strategy, the global cryptocurrency markets appear to be correcting – and fast. At press time, the top 10 cryptocurrencies by market capitalization were all in steep periods of decline, with eight seeing ...
Bitcoin tumbles 12%, erases gains for June
Bitcoin slid to its lowest for the month on Thursday amid a broader sell-off in digital currencies. Bitcoin dropped more than 12 percent to $2,185.96 Thursday, its lowest since May 31 when it hit a low of $2,162.23, according to CoinDesk. The move ...
Bitcoin Price Growth Is Speculation, Bubble Will Burst: MacLeod
Gulden lead developer, Malcolm MacLeod, has stated that the current Bitcoin price rally is not real growth and that eventually it will burst. In an exclusive interview with Cointelegraph, he explained that the price rise is merely from contemplation ...
Phoenix Rise of the Bolivian Cryptocurrency Market
The Bolivian cryptocurrency community is small and undereducated. Besides, according to Fernando Ontiveros, former System Analyst at Banco de Crédito BCP, a Peruvian bank in Bolivia, and currently director of engineering, Blockchain and DLT ...
Thomson Reuters Plugs its Market Data to Ethereum, Corda Blockchains
Dubbed 'BlockOne IQ', the tool was released in its beta phase on Wednesday to its clients who use Thomson Reuters data on trading platforms using smart contracts on the Ethereum blockchain and R3's Corda 'distributed ledger platform'. Thomson Reuters ...
Blockchain ICOs and Uber CEOs
The idea of an initial coin offering is that a company builds, or promises to build, some blockchain-based platform that allows people to buy or sell some product or service. (It seems like it's usually cloud storage.) And then it creates a digital ...
Bitcoin Extends Weekly Decline Past $750 as US Dollar Rebounds After Fed Hike
Morgan Stanley, however, doesn't believe that cryptocurrencies such as Bitcoin will be a viable currency in the future, still seeing them more like investment vehicles than anything else. The firm argues that Bitcoin is a "more inconvenient way to pay ...
Top 5 Languages Driving Google Trends' Bitcoin Results
It is always quite interesting to see why and when people search for the term “Bitcoin.” It is even more intriguing to figure out what language these people speak, and how they search for Bitcoin exactly. The results recently published on Reddit are ...
Game of Bluffs? With Bitmain Plan, Bitcoin Scaling Becomes Digital 'Missile Crisis'
Long a sort of Cold War, bitcoin's scaling debate is escalating into what may be best described as a digital Cuban Missile Crisis. No longer open for diplomacy, users the $40bn economic network, which hit an all-time high in value last weekend, are now ...
Ciao Group Announces Blockchain Frontier Markets Project With Initial $530 Billion Target
Ciao Group, Inc. (USOTC: CIAU) today announced the Blockchain Frontier Markets Project. The Company recently announced the launch of its Cryptographic Enterprise Division lead by Henryk Dabrowski coming to Ciao from Alternet Systems, Inc. (USOTC: ...
Alternative cryptocurrency 'ethereum' looks to topple bitcoin
Some experts say ethereum is definitely set to overtake its rival. The young cryptocurrency “has almost five times as many nodes in its network as bitcoin, meaning more people are using their computers to support it,” according to the Motherboard.vice ...
Common Enemy? Swift Says Hackers Can Unite Banks and Blockchain Disruptors
When the CEO of Swift wants to learn about blockchain, he does it in style. On stage yesterday in New York, Gottfried Leibbrandt gathered senior executives from some of the largest banks in the world – which also happened to be members of his interbank ...
World's First Blockchain Insurance Marketplace To Launch Ambitious ICO
The world's first Blockchain-based insurance marketplace, InsureX, is set to launch an ICO in July 2017 in a bid to raise at least 2200 ETH. The first in a large number of token sales set to launch in the next few weeks, London-headquartered InsureX ...
Head of Bundesbank Proposes Digital Currency To Compete With Bitcoin
Jens Weidmann, the head of Germany's central bank Bundesbank and one of the most powerful bankers in Europe, proposed the development of central bank-issued digital currencies to compete with Bitcoin. Weidmann argued that Bitcoin could potentially ...
Bitcoin is tumbling
That run prompted tech billionaire Mark Cuban to call bitcoin a "bubble." Goldman Sachs also sounded the alarm on bitcoin in a note to clients sent out earlier this week, saying "the balance of signals are looking broadly heavy" and that the price ...
MORGAN STANLEY: Bitcoin isn't a currency
In new research published this week, analysts at the bank say that bitcoin (and its counterparts like ethereum) are still more like investment vehicles than fiat currency that you could spend on goods and services. In addition, it said there are few ...
Florida Firm Triggers SEC Suspension with Cryptocurrency Claims
The US Securities and Exchange Commission (SEC) is taking action against a publicly traded venture capital firm in Florida that has issued its own cryptocurrency. In a 7th June order, the top US securities regulator made public its attempts to suspend ...
Stockholm will host the first large conference on cryptocurrency and blockchain
On September 7, for the first time, the Swedish capital will host a large conference dedicated to blockchain technology and cryptocurrency – Blockchain & Bitcoin Conference Stockholm. The event is a part of Blockchain & Bitcoin Conference, which is the ...
Blockchain Project Bancor Raises Record US$153 Million In ICO
Blockchain project Bancor has raised a record of US$153 million in an initial coin offering (ICO). 396,000 ethers, the native cryptocurrency of the Ethereum network, were collected in less than three hours with participation of notorious venture ...
Are Sharia-Compliant Asset-Backed Tokens the Future of Cryptocurrency?
Yet, the cryptocurrency industry now has a market capitalization in excess of $100 billion, jumping threefold since 2016 with no signs of slowing. Conventional analysts believe that the drive is due to shortened supply from individuals holding Bitcoin ...
AIG sets up blockchain policy for Standard Chartered
AIG has sold what it says is the first blockchain-based multinational insurance policy to UK-based bank Standard Chartered. Excitement has been building in the insurance world over the potential for the technology, with its fans saying it will cut ...
Blockchain Beyond Bitcoin: How Blockchain Will Transform Business in 3 to 5 Years
"Blockchain builds trust among parties that normally depend on third parties to verify transactions and ensure legal obligations are fulfilled," Owyang writes in a new report, "The Business Models of Blockchain: Exploring Blockchain Use Cases Beyond ...
Ethereum Price Technical Analysis – ETH/USD Breaks Key Support
Ethereum Price Technical Analysis – ETH/USD Breaks Key Support. Posted on 6:00 am June 15, 2017 Author Aayush JindalCategories Altcoins, Analysis, Ethereum Analysis, Opinion, TradingTags Ethereum Price analysis, Ethereum Price chart, ethereum ...
Bitcoin Misses $3000 Due To Issues... And The 'Flippening' May Happen
Bitcoin is selling off after yet another near miss on the $3,000.00 level. The fact is that while there is a great deal of buzz around the crypto-currency, there are also a lot of problems, or growing pains. As more and more surges occur and the ...
Bitcoin Mining Scheme Backfires – Josh Garza Charged by the SEC
Another attempted Bitcoin scheme was interrupted, and the responsible party, Homero Joshua Garza is now being sued for fraud. The founder of ZenMiner and GAW Miner, Homero Joshua Garza, was caught mining for bitcoin and sued by the Securities and ...
Apple Co-Founder Steve Wozniak Took Interest in Bitcoin When It Was Still Priced at $700
Though his initial Bitcoin investment would have already made him a chunky profit if he sold them at its current price, Wozniak stated that one of his main curiosities was in Bitcoin's underlying technology as the tech genius wanted to know how it ...
AIG teams with IBM to use blockchain for 'smart' insurance policy
N) to develop a "smart" insurance policy that uses blockchain to manage complex international coverage, the companies said on Wednesday. AIG and IBM completed a pilot of a so-called "smart contract" multi-national policy for Standard Chartered Bank PLC ...
Inside Ripple's plan to make money move as fast as information
It takes a while to sort through Ripple's offerings. There is the Ripple consensus ledger, a public blockchain network tied to XRP (confusingly also called Ripple). There is an enterprise software solution that has nothing to do with digital currency ...
Bitmain Responds to UASF With Another Bitcoin Hard Fork Announcement
Major Bitcoin mining hardware producer Bitmain today announced that it may launch a “hard fork” in August. Labeled a “contingency plan,” this announcement is a response to the upcoming user activated hard soft fork (UASF), as defined by Bitcoin ...
Fragmented Consensus: Considering a Blockchain Future
Taking the morning Amtrak to Consensus 2017, I bumped into a fellow Boston VC — it was 6 a.m and I was waiting for the caffeine to kick in, but we energetically discussed the craze around cryptocurrencies, developments within the enterprise blockchain ...
US, Kenya, Singapore: AIG Completes Multinational Blockchain Insurance Test
Insurance giant American International Group (AIG) and UK global bank Standard Chartered have completed a blockchain pilot designed to simplify some of the industry's most complicated insurance policies. Built by IBM using the open-source Hyperledger ...
Thomson Reuters To Provide Market Data Through The Ethereum-Compatible BlockOne IQ Tool
According to Thomson Reuters, the new tool, called BlockOne IQ, is designed to work seamlessly with the Ethereum and Corda blockchains. Thomson Reuters, which sells news, data, and other information to Wall Street, has ramped up blockchain technology ...