Blockchain News

Bitcoin Provisions in the North Carolina Money Transmitter Act
The North Carolina Money Transmitter Act was recently extended to cover bitcoin traders with House Bill 289, signed in July 2016 by State Governor Pat McCrory. Deemed as the 'virtual currency law' in the state, the bill introduces a legal framework for ...
Yuan Becomes World's Fifth Reserve Currency, Can Bitcoin Be Sixth?
While Bitcoin may become the unofficial reserve currency (favourite safe haven asset) of people worldwide, it is unlikely to become a part of the IMF's SDR. Even if Bitcoin-denominated transactions pick up across the world, major global economies fill ...
Could Rising Interest Rates Threaten Bitcoin Prices?
It could be said that bitcoin was born in an era of low interest rates. The world's first decentralized digital currency was first mined and traded in 2009, at a time when central banks were using unprecedented stimulus in an effort to keep borrowing ...
Greece Seizes 500000 Bank Accounts worth Euro 1.6 Bln, Escape With Bitcoin
The national debt of almost $20 trillion already surpasses Bitcoin's value several thousand times over. Key economic indicators, including farm machinery sales and transportation, point towards a recession on the horizon for the US. Meanwhile, Bitcoin ...
What Would Trump Do for the Blockchain Industry?
We present the two contenders, starting with the Republican nominee Donald J. Trump, to ascertain the direct or, more likely, indirect effects of his policies on the blockchain industry, to be followed by an article on Hillary Clinton and a final ...
Kim Dotcom Sees Bitcoin Hitting $2000
Bitcache purports to be a blockchain-powered method of attaching Bitcoin microtransactions to file transfers. Other endeavors have sought to intertwine the two in the past, with last year's release of Joystream, a torrent client which pays users for ...
Adult entertainment site 'Naughty America' exploring blockchain for digital rights management
Adult entertainment conglomerate Naughty America Productions is exploring blockchain for digital rights management using technology from Switzerland-based DECENT to pilot a "next generation video content distribution platform". Naughty America is ...
EasyBit Opens Six New Bitcoin ATMs in Four US States
With offices in the U.S and in Bitcoin Center Argentina, EasyBit operates about 35 ATM machines in 9 countries and on three continents around the world. Founded in December of 2013, the cryptocurrency kiosks provider works with both BitAccess and ...
An Insight into Bitcoin Trading in China
The impact of Bitcoin's growing popularity is being felt across the world. While these changes aren't that evident in liberal economies, it is visible in plain sight in China. Individual investors in China are increasingly adopting Bitcoin as an ...
Ethereum Price Weekly Analysis – ETH Primed For Lift-Off
Ethereum price slowly and steadily traded higher this past week versus the US Dollar. There is a crucial bullish trend line formed on the 4-hours chart of ETH/USD (data feed via SimpleFX), which may continue to act as a support. As long as the price is ...
Silicon Valley Selects Synereo Over Ethereum As Blockchain Platform
Synereo scored a big win this week when NFX announced a major deal with Synereo. The two will be working together to build the decentralized web on top of Synereo's Blockchain 2.0 platform. NFX Guild has chosen Synereo over other blockchain platforms ...
BitScan Launches an ICO for Its 'Incent' Blockchain Loyalty Rewards Token
SYDNEY, Oct. 1, 2016 /PRNewswire/ -- BitScan announces the launch of its crowdfunding initiative for the new blockchain loyalty token, Incent through an ICO. Starting October 1, 2016, at 00:01 (GMT), the ICO will go on until 23:59 (GMT) on November 30, ...
How Blockchain Would Improve Governance of Charities
The Charities Aid Foundation (CAF), a U.K.-based organization, has taken a pioneering role in exploring how blockchain technology can improve the governance of charities and not-for-profit organizations. The fact that a U.K. organization would take a ...
New Darknet Analytics Toolkit Can Threaten Bitcoin Pseudonymity
Bitcoin users should take note of this new development as well. Although Bitcoin offers all users pseudonymity, these tools can also be used to link wallet addresses to user profiles. Keeping in mind how the majority of Bitcoin users is also active on ...
Kim Dotcom Reiterates His Bitcoin Price Forecast, $2000 in 2 Years
Kim Dotcom, the internet entrepreneur has yet again reiterated his forecast for Bitcoin price in the coming days. In his latest tweet, Kim states that the launch of MegaUpload 2.0 and BitCache will soon ensure the price of Bitcoin to cross $2000 in the ...
Incent Blockchain Platform Launches 'Decentralized' Exchange-Backed Crowdfund ICO
Blockchain-based loyalty platform Incent, which has been created by crypto-business hub BitScan, is launching its crowdfund Initial Coin Offering (ICO) alongside OpenLedger's 'decentralized conglomerate' (DC). The ICO, which commenced today (October ...
Multi-Billion Dollar Dutch Bank Runs Successful PoC Blockchain Tests
Multi-billion dollar financial services corporation D+H states that its development team successfully tested its proof-of-concept Blockchain with Dutch financial company Rabobank. Netherlands-based Rabobank, which has an annual revenue of nearly US$15 ...
Purse Introduces Bcoin Library To Spur Bitcoin Applications
Purse, an online marketplace that encourages bitcoin use and innovation, has introduced bcoin, a Javascript library to help bitcoin businesses build applications. Purse provides a full node implementation that allows it to utilize new additions to the ...
Why Blockchain Won't Disrupt Banks First
Oliver Bussmann is a FinTech advisor and former group CIO of UBS, and Nick Williamson is the CEO and founder of custom blockchain provider Credits. In this opinion piece, the authors argue that, despite the promise that blockchain solutions hold for ...
Bitcoin Defender Speaks Out at London Blockchain Event
Making the conference keynote, Dixon laid out the history of bitcoin and blockchain companies, especially those working in the financial services sector, and what he considers lies ahead for the rapidly evolving industry. Dixon's take as a venture ...
'Money Mule' Scams Adopting Bitcoin ATMs For Transferring Hacked Funds
She then received a QR code to save on her smartphone and given the location of the closest bitcoin ATM. She was sent an instructional Youtube video on how to make payments using a Lamassu bitcoin ATM and told to process the payment within three ...
Monero's Bubble Pops, Price Plummets As Currency Loses Top Five Ranking
Now, Monero has lost over $70 million of that value, $43 million of which disappeared over the last week alone. Investors are divesting so fast that its 24-hour volume is second only to Bitcoin, beating out both Ethereum and Ripple. XMR has dropped ...
Community Prefers Bitcoin As Exchange Medium Over Store of Value, Survey Shows
According to the outcomes of a community survey released by the Foundation, 37% of the respondents choose to focus on Bitcoin as a medium of exchange - i.e. used to actually buy things - over its use as a store of value (18%), 10% who do not know and ...
Russian, South African CSDs Collborate to Explore Blockchain Technology
South Africa's Central Securities Depositories (CSDs) Strate has signed a Letter of Intent with Russia's National Settlement Depository NSD at the Sibos event in Geneva in September 2016 to forge a partnership that will develop solutions utilizing ...
Bitcoin Unlimited Team May Have Received Stolen Kraken Funds
Although this news has gone by largely unnoticed, some users have been keeping tabs on the funds. As it turns out, the funds have ended up in the donation address for Bitcoin Unlimited. A coincidence, or did the hacker realize there is no way to ...
Stanford University to Host Blockchain Conference
Ahead of the Blockchain Protocol Analysis and Security Engineering 2017 conference slated for January 2017, the Cyber Initiative of Stanford University has announced its call for papers from interested presenters. The conference will explore the use of ...
Adult Film Industry Goes Blockchain, Now Alicia Machado Sex Tapes Won't Be Altered
Swiss Blockchain Company Decent has agreed to help Naughty America Productions create a content distribution platform by utilizing the most recent advancements in Blockchain technology, digital video fingerprinting and cryptography. A join pilot ...
Blockchain is Behind a Massive $30B Smart City Project in China
Chinese electric car manufacturer Wanxiang announced that it will drive its smart cities initiative using blockchain technology. The company will invest ¥200B, or about $30B, into the project over the next seven years. The business revealed its plans ...
Bitcoin Fintech Unocoin Sets $1.5M VC Indian Investment Record
Bangalore-based Bitcoin start-up Unocoin has raised $1.5 million (m) in a Pre 'Series-A' investment round, a record high for any digital currency venture in Indian history. But while the founder's vision is to “scale Bitcoin” to the masses and address ...
Spain to Tax its Bitcoin Miners up to 47% of Profits
A recent notice from the official taxation authority in Spain sees bitcoin mining fall under the purview of an economic activity, opening cryptocurrency mining to taxation. Bitcoin and cryptocurrency miners in Spain will see taxation of their profits ...
Would a Deutsche Bank Collapse Impact Bitcoin Prices?
"The capital markets have awakened to bitcoin as a disaster hedge," analyst Chris Burniske told CoinDesk. The digital currency doesn't correlate with other asset classes, an aspect that may make it more attractive in times of uncertainty, said Burniske ...
Government And Bitcoin: Their Mutual Discomfort
The topic is the adaptation of Bitcoin (Pending:COIN), the original implementation of blockchain technology, to existing requirements of standing governments, along with the promise of the blockchain technology to improve the lot of the global ...
Bitcoin Price Watch; The Weekend Ahead
So Friday has now drawn to a close, and with it the week, and it is time to take the final look at the bitcoin price of the week. In this morning's analysis, we noted that price has been relatively flat all week, ranging between a pretty solid and well ...
Paxos (ItBit) and Euroclear to Deploy Blockchain Network For Gold Markets
Paxos CEO Charles Cascarilla believes that a robust and secure Blockchain-based infrastructure will enable the London Bullion Market as well as other leading gold exchanges to autonomously process trades and increase the efficiency of the post-trade ...
Why Bitcoin Mining Pools Aren't Incentivized to Broadcast Blocks Quickly
It is generally accepted that latency in block propagation is one of the bottlenecks for Bitcoin scaling. This is why many of Bitcoin's most active developers and researchers have presented a series of solutions to compress blocks and speed up ...
Bitcoin Unlimited Announces Research Grant Program
The statements reflect criticisms of Bitcoin Core, the protocol's dominant development team, who have pushed to implement top-level networks that extend bitcoin's functionality without altering its current blockchain rules. Bitcoin Unlimited, by ...
JP Morgan Joins Ethereum in Developing Private Blockchain 'Quorum'
JP Morgan, America's largest bank with total assets of $2.35 trillion, is building a private blockchain based on ethereum according to a recently published presentation. JP Morgan's Quorum, built in partnership with EthLab, co-founded by Jeffrey Wilcke ...
Chinese Open-Source Blockchain Startup Antshares raises $4.5 Million
Shanghai-based blockchain startup Antshares has raised over $4.5 million a crowdsale, enabling it to complete the first ever open-source blockchain project in China. Antshares Blockchain, an open-source blockchain project has raised over $4.5 million ...
How Blockchain can bolster interoperability and information security at the same time
Blockchain technology gained international attention as the technology supporting bitcoin, a digital asset and a payment system that relies on peer-to-peer transactions taking place between users directly, without an intermediary. These transactions ...
Here's A First Look at Thomson Reuters's New Ethereum Identity Tools
Thomson Reuters has revealed it will soon launch an identity verification platform for ethereum smart contract developers. Conceived as part of the mass media company's recent ethereum "hackethons", the tools will be available in beta via the BlockOne ...