Blockchain News

Man Accidentally Makes $1.3 Million Buying a House With Bitcoin
In a recent interview with Bloomberg Markets, Bitpay CCO Sonny Singh told the story of how the bitcoin payment processor helped a man purchase a house with bitcoin and how this individual unintentionally made $1 million on the exchange from bitcoin to ...
Washington state legislators look to ban bitcoin in the pot business
Ann Rivers, R-La Center, introduced Senate Bill 5264 earlier this month to make bitcoin — a nearly 10-year-old virtual currency — illegal in transactions involving marijuana in Washington. Sen. Ann Rivers. This would cover transactions between ...
Top 7 Bitcoin Merchant Services
In the world of bitcoin and cryptocurrency, there is a growing demand for merchant services. Quite a few companies offer payment processing capabilities, although some enterprises have a much bigger name compared to the rest. It appears the number of ...
Op Ed: Energizing the Blockchain — A Canadian Perspective
We're seeing a lot of movement in the mining and energy sector demonstrating blockchain technology's enormous potential to contribute to this retooling. This post aims to summarize these movements and demonstrate how blockchains can impact upstream ...
Works Like Magic: Blockchain to Help Streamline Loyalty Programs
Blockchain certainly has a potential to bring changes to the industry but perhaps it would be fairer to consider it as a system facilitator rather than a replacement for a current system. Besides, the success of the undertaking would largely depend on ...
Venezuelan authorities arrest 4 bitcoin miners
Venezuelans are warming to bitcoin as a worsening economic crisis has led to massive inflation and food shortages. Some Venezuelans are using bitcoin to buy food, medicine and airplane tickets, Criptonoticias reports. It didn't elaborate on how exactly ...
Bitcoin Looks Likely to Advance
Bitcoin is approaching once again the arc which stopped the advance in the recent past. Here is an 8-hour chart of that chart: This setup shows us that we are at a point in time and price that is a bit precarious. The market has turned at this arc pair ...
LendingRobot is Moving Its Records to the Public Ethereum Blockchain
With the LendingRobot Series of investments announced today, the data will be hashed on the ethereum blockchain to establish the “proof-of-state” for the entire portfolio. LendingRobot plan to hash its first data on the ethereum blockchain when the ...
Stricter Bitcoin Regulation, Ban on Mixers Recommended at Interpol, Europol Conference
Several of the recommendations specifically refer to Bitcoin and digital currencies, while others concern money laundering in general. If the recommendations are followed, they would significantly increase regulation of the digital currency space ...
LendingRobot launches hedge fund that uses blockchain and machine learning — with no human intervention
The fund will use blockchain technology to deliver a public ledger that the company described as unalterable. “Usually a hedge fund is a black box: you get an email each month detailing how your investment is doing, but you don't know what the ...
Bitcoin is Abuzz With New Satoshi Nakamoto Rumors
If the gossip at a recent invite-only bitcoin conference is any indication, news may be forthcoming in the long-simmering Satoshi Nakamoto saga. On the sidelines of the two-day Satoshi Roundtable conference in Cancun, rumors were swirling that new ...
Bundesbank President: Blockchain is a 'Multi-Purpose Tool'
While Bundesbank president Jens Weidmann largely steered clear of such statements, he did briefly note the central bank's work with exchange operator Deutsche Börse on a blockchain-focused securities trade project, as well as internal research on the ...
Blockchain Ever After: Matchpool Plans Dating Site Launch With Valentine's Event
... purposes within the app. In addition, every new female user will get free tokens which will be minted,” Shimon continued. “The private part of user data is on the Blockchain, which means it's basically stored on the user's phone and we do not have ...
Blockchain believers hold fast to a utopian vision
The 37-year-old is one of a group of chief executives developing the new form of technology and who, instead of only talking in the corporate language of strategy and returns on investment, argue zealously that blockchain will change the world, making ...
Bitcoin is worth over $1000 for the first time since 2013
If you're hoarding cryptocurrency, now might be a good time to cash in: Bitcoin's value has jumped to $1,023, a figure it hasn't come close to since December 2013. Reuters reports that the currency climbed by 125 percent last year, with the largest ...
Bitcoin On The Rise in India: Steady in Growth, Impossible to Shut Down
Recognizing the rapid growth rate of local Bitcoin exchanges, Belfrics decided to expand its services to India to ensure the general population of India has a wider range of Bitcoin service providers and trading platforms to choose from. The entrance ...
Blocked By Block Size, Bitcoin's Brain Trust Goes Back to Basics
"That's the thing with bitcoin. You shouldn't be able to all come to Cancun and make a decision that changes the entire game." Faced with a stalemate on critical issues, day two of Satoshi Roundtable saw a notable decline in participation, as the ...
Blockchain tech needs to be regulated, says MonetaGo CEO
For crypto or digital currencies like Bitcoin, blockchain technology is used as a public ledger to track every unit of currency from the stage of mining to ultimate sale and blockchain works as a public ledger available to all concerned. Off late, the ...
Lured Away? Wells Fargo Loses Blockchain Visionary to Rival IBM
Since Cuomo's interview with CT, IBM has made significant progress in the Blockchain market, securing partnerships with major financial institutions such as the Depository Trust & Clearing Corporation (DTCC) to settle and facilitate complex financial ...
International Law Firm Steptoe Joins Global Blockchain Business Council
Steptoe was one of the first law firms to establish a global, multidisciplinary Blockchain practice, led by two former top American regulators. The firm helped create and currently serves as counsel to the Blockchain Alliance—a coalition of over 60 ...
Credit China FinTech Invests $30m to Sell BitFury Bitcoin Mining Equipment
The collaboration with BitFury is in line with Credit China FinTech's strategy and the company believes that it will assist it in maximising the adoption of the Bitcoin Blockchain and private blockchains into its various services. Mr. Phang Yew Kiat ...
Bitcoin Price Watch; Here's What's On This Morning
Overnight action in the bitcoin price was a little strange. Before the European session shutdown for the evening last night, we published the second of our twice-daily bitcoin price watch pieces, and in the piece, we highlighted what we thought was a ...
The Growth of Bitcoin Online Casinos
Bitcoin has risen to particular prominence over 2016, as the digital currency continues to increase its profile. For the first time, it is gaining mainstream acceptance as a form of payment, and while the Bitcoin market remains volatility, it's fast ...
Indian Automaker Mahindra to Open Blockchain Incubator
Indian multinational and conglomerate Mahindra will set up a blockchain incubator to support startups in the development of blockchain-based applications in a number of industries. As a conglomerate, Mahindra & Mahindra (M&M) has a foothold as a major ...
Indian automobile manufacturer Mahindra plans blockchain incubation center
Indian automobile manufacturer Mahindra & Mahindra has planned to set up a global start-up blockchain incubation center outside of the country, in order to attract blockchain start-ups that can help the group in using the tech in as many ways as ...
Ethereum Price Technical Analysis – ETH/USD Attempting Trend Change
Ethereum Price Technical Analysis – ETH/USD Attempting Trend Change. Posted on 6:00 am January 26, 2017 Author Aayush JindalCategories Altcoins, Analysis, Opinion, TradingTags Ethereum Price analysis, Ethereum Price chart, ethereum technical ...
Bitcoin Lovers, Thank Beijing
The 10-day volatility of bitcoin dropped 50 percent in a matter of days after authorities stopped leveraged bets and, on Monday, nudged exchanges to start charging transaction fees. The squeeze began in the first two weeks of January when a spike that ...
China's Central Bank is Testing a Blockchain-Backed Digital Currency
In conjunction, the PBOC will also establish a digital currency research institute for which it is seeking experts in big data, cryptography and blockchain tech. The reports follow statements from PBOC governor Zhou Xiaochuan in February, in which he ...
Bitcoin Price Technical Analysis for 01/26/2017 – New Channel in the Works
The ongoing crackdown by Chinese authorities on bitcoin exchanges and clients continues to sour the mood of investors in the mainland, leading to more liquidation of long positions and reluctance to open new ones. Activity has been subdued as liquidity ...
HK fintech company Credit China Fintech invests $30 million in blockchain provider BitFury Group
Blockchain infrastructure provider BitFury Group announced on Thursday a deal with Hong Kong-listed fintech company Credit China Fintech Holdings to set up a joint venture that will focus on promoting the technology in China. As part of the deal ...
Press Release: Bitcoin Faucets become the new entry points for Bitcoin in developing countries
99Bitocins' Bitcoin Faucet WordPress plugin is now powering more than 200 Bitcoin sites around the world, allowing more than 2.5 billion unbanked adults from around the world to participate in a permissionless global economy. The original Bitcoin ...
Four Bitcoin Miners Arrested in Venezuela
Source: Twitter ||| Federal police in Venezuela today arrested four bitcoin miners in the town of Charallave. Three men and one women were accused of "electricity theft" and "internet fraud." The news, which was reported earlier today by Venezuela's ...
Despite Drop in Volume, Traders Stick With China's Bitcoin Exchanges
Despite the fact that major Chinese exchanges have seen their bitcoin volumes take a hit after introducing trading fees, these bourses still stand out as some of the top marketplaces when ranked by volume, according to market data. OKCoin, BTCC and ...
Here's How Blockchain Will Eliminate Banks and Democratize Money
Blockchain — a decentralized, distributed database that makes the cryptocurrency bitcoin possible — is poised to permanently disrupt the way we think about money, from transferring funds to making day-to-day purchases to the very concept of a ...
Has This Ethereum Classic Developer Solved Proof of Stake ...
Has This Ethereum Classic Developer Solved Proof of Stake ...
Third Bitcoin ETF Filed With SEC, but Will They Actually Become a Reality?
Bitcoin pioneers Cameron and Tyler Winklevoss filed the first Bitcoin ETF back in 2013 with the intention to bring mainstream investors to Bitcoin . The ETF, which is intended for listing on the Bats exchange, has been waiting for SEC approval for over ...
Third Bitcoin ETF Filed With SEC, but Will They Actually Become Reality?
Bitcoin pioneers Cameron and Tyler Winklevoss filed the first Bitcoin ETF back in 2013 with the intention to bring mainstream investors to Bitcoin. The ETF, which is intended for listing on the Bats exchange, has been waiting for SEC approval for over ...
Has This Ethereum Classic Developer Solved Proof of Stake?
Charles Hoskinson was one of the original founders and the initial CEO of Ethereum, but left the project before Ethereum's official launch in 2015. Along with another Ethereum veteran, Jeremy Wood, Hoskinson went on to Input/Output, or IOHK, a research ...
Commonwealth Bank Develops Blockchain for Government Bonds
The Australian Financial Review reported that Commonwealth Bank of Australia has designed a blockchain network concept that could be utilized to issue and exchange government bonds. The Queensland Treasury Corporation, which acts as the Australian ...
IoT, Smart Contracts Focus of Blockchain Expo London 2017
The genius of Ian Johnson from Six Degree Events - who also managed to get “the Woz” involved in the “Hackfest” Hackathon in Berlin - has combined Blockchain with IoT, which will inevitably play an enormous role in maturing Blockchain as a great boxed ...