Blockchain News

Ethereum Classic Price Technical Analysis – Selling ETC Worked
Ethereum classic price traded further lower against the Bitcoin, and tested the last low of 0.00182BTC. Yesterday's highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a perfect barrier for the bulls. The ...
Bitcoin-Inspired Technology Starts to Reshape Currency Markets
Bitcoin-inspired ledger technology is taking its first steps in foreign-exchange markets. Companies that provide payments systems to banks are unveiling products that use distributed ledgers to lower the costs of cross-border transactions, amid signs ...
Ethereum Price Technical Analysis – ETH Traders Await Break ...
Ethereum Price Technical Analysis – ETH Traders Await Break ...
Bitcoin Price Technical Analysis for 09/27/2016 - Bullish Momentum Returning?
Bitcoin price is still hovering around the bottom of the ascending channel on its 4-hour time frame. Bullish momentum seems to be returning as price made a more convincing bounce and is in a continuation pattern. A bullish flag pattern has formed after ...
Blockchain Just Made Some New Friends in Congress
Mick Mulvaney (R-SC) announced the creation of a “Blockchain Caucus” to promote laws and policies to encourage the development of crypto-currencies and other blockchain-related tools. “Blockchain technology has the potential to revolutionize the ...
Kyckr's Rob Leslie on Blockchain and Regulatory Compliance
Kyckr is a blockchain-centric solutions provider that delivers end-to-end compliance data sourced from over 150 business registers worldwide. Information captured and disseminated through the use of Kyckr's verification API is used by banks, financial ...
Gavin: Ethereum Will Outgrow Bitcoin at This Pace
What's up with Ethereum? Is it really going to be the “Bitcoin Killer” as people labeled it in its early days, or not? At least Gavin Andresen, one of the leading personalities in the Bitcoin community seems to think so. He has made his opinion public ...
Problems Associated With Bitcoin Mining Centralization May Be Overstated
For many, the level of centralization found in the Bitcoin mining ecosystem is the biggest issue for the peer-to-peer digital cash system today. As a technology that relies on decentralization in order to provide a censorship-resistant bearer ecash ...
These Banks Are Testing an Intel-Powered Blockchain Platform for Bond Transactions
U.S.-based financial innovation start-up R3 announced on Monday that it and eight banks, including HSBC and State Street, have successfully tested a blockchain platform powered by Intel intc technology for bond transactions. The platform featured ...
Blockchain Could Be Music's Next Disruption
This could all change under blockchain-based platforms — clever pieces of code called smart contracts, and their capacity to link and act upon data. The new technology runs on millions of devices, from desktops to smartphones, and is open to anyone ...
P&C Insurer Trials Blockchain for Catastrophe Coverage
One of Japan's largest property insurers is co-developing a prototype blockchain system for insurance derivatives. Sompo Japan Nipponkoa Holdings announced today that it is working with a firm called Soramitsu to develop a means to purchasing and ...
R3, eight banks successfully test Intel blockchain platform for bond tradi...
R3, eight banks successfully test Intel blockchain platform for bond tradi...
Ethereum DDoS Attack Abuses Internal Attributes
The first sign of trouble was when geth nodes started to crash in the network due to lack of memory on a specific block, according to Ethereum's blog. The crash only affected clients that were based on the Go language, and Ethereum created a hotfix the ...
Blockchain FinTech Startups in New York - What Will Be the Next Bitcoin?
Blockchain, a cryptographically secure list of transactions, is used by startups that mine and distribute digital financial instruments and digital currencies. Coinbase, a popular example, is one of the main startups underpinning widespread adoption of ...
The US Congress now has a caucus dedicated to bitcoin and blockchain
A U.S. Congressional group dedicated to studying the technology underpinning the bitcoin cryptocurrency was set up today (Sept. 26) by two congressmen. The Congressional Blockchain Caucus was formed by Jared Polis, a Democrat congressman from ...
Can a blockchain-IoT hybrid finally give us smart guns?
But first, let's delve into guns before we explore the inclusion of the blockchain. In April this year, President Obama made funding for smart gun research part of his end-of-term efforts. The smart gun promises a technological fix for gun violence by ...
London Fintech Firm Launches Formal Verification Platform for Blockchain-Based Smart Contracts
The new cloud-based platform will be used initially by Ethereum, a decentralized blockchain app platform that runs smart contracts. “Imandra is a tool for analyzing smart contracts to help individuals understand what they do, why they do it, and what ...
8 R3 Banks Test Intel Blockchain Platform
A group of eight undisclosed R3 member-banks have successfully tested a blockchain prototype that simulated the exchange of US Treasury bonds. Though a familiar use case for the tech, the test is notable given that it used technology developed by Intel ...
[Updated] A College Non-Profit Handed Out Free Bitcoin to Chicago Students
The Blockchain Education Network, a grassroots non-profit college collective of cryptocurrency enthusiasts and advocates distributed free bitcoin to students in multiple Chicago campuses this weekend. Bitcoin is a cryptocurrency that fundamentally goes ...
Lawmakers announce blockchain technology caucus
Bitcoin and other blockchain based-currencies have been associated with libertarian hopes of anonymous digital payments and criminals on dark websites like the Silk Road who used the currency to purchase contraband anonymously. Blockchain ...
BitGirls: Japan using cute 'idol' girls to get consumers interested in bitcoin and cryptocurrencies
A new TV show is launching in Japan that will use cute girl "idols" to introduce the concept of cryptocurrency and blockchain to a consumer audience, allowing the audience to vote for the girls they like. The BitGirls TV show is a new reality programme ...
Bitcoin Price Remains Stagnant Around $600 As Traders Wait for More Definitive Signals
Last week we made a point of discussing price volatility, or the lack thereof, because we thought there was a decent chance it could make a return to the Bitcoin markets in the not too distant future. Well, apparently we are not there yet given that ...
Juzhen Raises $23 Million to Bring Blockchain Post-Trade to China
The Series A funding was led by Wanxiang Holdings and included support from its blockchain-focused investment subsidiary Fenbushi Capital. The funding marks the largest investment round raised yet by an Asia-based blockchain startup, CoinDesk data ...
Blockchain-Based Smart Identity Will Free World of Paper ID's
A universally compatible Blockchain-based smart identity project by Deloitte has the potential to impact every aspect of our lives. In an era where we are increasingly using mobile and electronic devices to move data around, identity management is ...
Investment Firm Values Bitcoin Price at $848 Over Improving Fundamentals, $2231 By 2020
Needham & Company, LLC, an investment banking and asset management firm, just bumped the estimated value of bitcoin from $655 to $848, due to faster than expected adoption and improving fundamentals, according to Money Morning. The new estimate ...
Bitcoin Finds Berth at Sberbank's Moscow Office Despite Ban Talk
While Russian authorities are still trying to define the legal status of bitcoin, the virtual currency has found use in Moscow in the lobby of the country's biggest bank. A coffee stand at the headquarters of state-owned Sberbank PJSC is one of the ...
Bitcoin Price Volatility Exciting Bulls, Rally Still Expected
In just the last five years, the inflation rate of bitcoin has dropped massively from between 30 and 50 percent, to about four percent in 2016. The numbers suggest that the adoption rate of bitcoin as the world's number one cryptocurrency is rapidly ...
Blockchain Startups Want to Solve Cannabis' Banking Problem
Tokken's core business is providing sustainable and transparent solutions in the cannabis industry using blockchain technology. Working with companies like Blockscore and Tierion, Tokken believes blockchain technology will allow the cannabis industry ...
Blockchain experts get to the point of the Ethereum hard fork
The Ethereum community was recently faced with a game-changing decision. Experts from Deloitte's Grid Blockchain Lab examine the route taken and what it means for the platform going forward. Immutability exists to ensure the preservation of truth ...
Swift Kicks-Off Sibos By Unveiling Blockchain Contest Winners
The hosts of Sibos kicked off the global banking conference today by announcing the winners of a blockchain challenge it launched earlier this year. Unveiled by Swift's head of innovation programs, Kevin Johnson, the news set a tone that was fitting ...
BNP Paribas Announces Multiple Blockchain Pilots For Transaction Banking
Everyone in the cryptocurrency world is well aware of how BNP Paribas is actively working on blockchain technology. Things have taken an interesting turn, as the financial institution is going into co-development mode. Various clients will be invited ...
Blockchain in Capital Markets
While Bitcoin by no means eclipses all other delivered proofs of concept, it continues to provide the single highest profile instance of blockchain enabling a secure, decentralised ledger currency. Bitcoin bestows confidence in blockchain. This ...
Gavin Andresen Causes A Stir With Controversial Ethereum Nodes Comments
The world of cryptocurrency remains one of competition, even though various ecosystems can coexist without any issues. The Bitcoin and Ethereum ecosystems often seem to be at war with one another, even though they could not be more different. A new ...
Bitcoin Advocate Roger Ver on OKEX Case: “They Forged My Signature”
Coin Telegraph: How can you explain the genesis of the case? Roger Ver: They signed a contract to rent Bitcoin.com, and then violated that contract. They then produced a fake contract that they forged my signature on to, and violated the forged ...
Utility venture to promote cheaper electricity payments via bitcoin
A bitcoin startup plans to join Japan's growing ranks of power utilities and accept the cryptocurrency as payment for electricity charges, promising bills four to six percent cheaper than the competition. ResuPress Inc., a Tokyo-based startup that runs ...
Hyperledger Adds to Blockchain Group in Time for Sibos
The new Hyperledger members are verification firm Aesthetic Integration, enterprise blockchain foundation BLOCKO Inc, research exchange firm Hangzhou Fuzamei Technology, decentralized platform provider PDX Technologies and data storage firm ...
Ethereum eSports Rewards Platform FirstBlood Raises $6m in Crowdsale
Were you planning on taking part in FirstBlood's crowdsale today? Too late, the funding round was completed just moments after it began. Within seconds the decentralized eSports platform raised just over $6 million in Ethereum (ETH 465,312.999), in ...
Bitcoin Price Watch; Monday Morning's Targets
It's Monday morning, and time to take a look at the bitcoin price for the first time this week. Action was nice and volatile last week, and price gave us plenty of opportunities to get in and out of the markets according to the rules of our standard ...
Ethereum Classic Price Technical Analysis – ETC Lacking Momentum
Ethereum classic price recovered a few points against Bitcoin recently, but failed to hold gains. There is a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), acting as a downside move catalyst. The price is also below ...
Ethereum-based eSports Platform FirstBlood Raises US$5.5m in Mere Minutes
Crowdfunding campaigns in the cryptocurrency world are nothing new under the sun. Despite best efforts by developers and marketers to create promising products, not every round of funding is a big success. For FirstBlood, an autonomous and ...