Blockchain News

Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment
In 2014, Andresen noted Ethereum was a Bitcoin 2.0 project creating “a revolutionary new platform for applications.” In July of 2015, Andresen emailed the Bitcoin Core development mailing list that the “worst of all possible worlds” for bitcoin was “no ...
Gatecoin Adds Ethereum-Based eSports Dapp Token FirstBlood For Trading
Gatecoin, a regulated cryptocurrency trading platform based in Hong Kong, has launched trading of FirstBlood (1ST), the token that powers the Ethereum-based eSport platform operating under the same name. FirstBlood is a decentralized eSports gaming ...
Why Bitcoin is Failing to Take Over the World
As far as leading the digital currency revolution, Bitcoin just isn't getting it done. Ryan Taylor of Dash sees why Bitcoin is failing to take over the world. Bitcoin is in a lull. For the past several months, the frontrunner of the cryptocurrency ...
Inside Bank of America's New Microsoft-Powered Blockchain Project
Microsoft has been digging deep into the data created by its $120bn treasury unit in search of real-world use cases where blockchain could cut costs. Culling through this trove of information, Microsoft's newly appointed principal program manager and ...
Ethereum Community Points Out Kibo Project Flaws
There have been some serious questions regarding the Kibo ICO. This Ethereum-based decentralized lottery project has garnered a lot of attention in recent weeks. However, ever since the code for this project has been released, Ethereum community ...
Standard Chartered Completes Cross-Border Blockchain Payment in 10 Seconds
Tapping blockchain technology, London-based multinational banking and financial institution Standard Chartered has announced the completion of its first cross-border real-time payment. Standard Chartered is the latest bank to successfully implement a ...
Analysts: Bitcoin Price Expected to Hit $848 Soon
Viewing the evidence, it would appear that bitcoin's present shift to higher ground is undoubtedly occurring in incremental stages (a few dollars at a time). On the plus side, most analysts seem to be unanimous in the idea that bitcoin is again ...
Blockchain: how the revolutionary technology behind Bitcoin could ...
Blockchain: how the revolutionary technology behind Bitcoin could ...
BitFury Lightening Network Successfully Tested with French Bitcoin Company
The objective and intention behind the creation of Flare was to establish a more efficient and improved ecosystem for the settlement of microtransactions in the Bitcoin network. The BitFury development team believed that Flare could open Bitcoin to a ...
Equiniti Promotes Michael Foley to Head of Blockchain, R&D
Equiniti Group plc, a provider of financial and technology solutions, has appointed Michael Foley, the group's current Chief Strategist, to head its Blockchain/Distributed Ledger Technology Research and Development (R&D), according to an Equiniti ...
Got bitcoin? Despite early setbacks, some say it is stronger than ever
Bitcoin, the digital currency that captivated the world just three years ago before being tainted by scandals, may be making a comeback. In fact, many experts say it never really went away despite wild swings in its value. "I think the future of ...
FXOpen Becomes First Retail Forex Broker to Accept Ethereum ...
FXOpen Becomes First Retail Forex Broker to Accept Ethereum ...
Japanese exchanges launch initiatives to drive bitcoin adoption
Two leading Japanese bitcoin exchanges recently unveiled initiatives to accelerate bitcoin adoption in Japan. “Since Mt. Gox incident image of bitcoin in Japan is terrible,” the Business Development Lead of Coincheck, Kagayaki Kawabata, told BNC. The ...
Ethereum Classic Price Technical Analysis – ETC Approaching Support
Ethereum classic price after trading as high as 0.00204BTC against the Bitcoin started correcting lower. There is a short-term bullish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may provide support. The 0.00195BTC ...
Zcash founder Zooko Wilcox: privacy in a blockchain - that's our whole thing
Zcash founder Zooko Wilcox: 'Privacy in a blockchain - that's our whole thing'. The Zcash blockchain is currently running on a testnet and will go live on 28 October. Ian Allison. By Ian Allison. September 29, 2016 07:46 BST. Updated 34 min ago. Zcash ...
D+H and Rabobank Execute Successful Blockchain Proof of Concept
Rabobank has been investigating blockchain since 2014 and sees this technology as a game changer for many financial use cases. In addition to cross-border payments, the bank is investigating the use of blockchain for other ongoing projects, including ...
Ethereum Network Faces Computational DDoS Attack
Jeffrey Wilcke, Co-founder of Ethereum, ensures that effect of the DOS attack is restricted to slowdown of network, and there was no consensus failure or overload of memory because of that attack. Newsbtc.com posted on September 23rd, 2016, that ...
Bigger than bitcoin: Here comes blockchain
Blockchain has so far proved to be a bomb-proof way of registering and storing information about a product or an event so that it is indelibly preserved and impervious to hacking. With bitcoin, it is about a form of currency, or money, but that ...
Gartner Senior Executive: Blockchain is Being Over-Hyped
The fervent enthusiasm for blockchain technology among the banking and financial industry is a case of the innovation being “over-hyped” according to a senior executive of technology research firm Gartner. As blockchain takes center stage at the annual ...
Final Countdown: Bitcoin Core's Segwit to be Released After Long Testing
Bitcoin Core's innovative solution designed to scale the Bitcoin network by moving witness data outside the traditional block structure is finally approaching its release. The Bitcoin Core team announced on Twitter that the Segregated Witness release ...
Bitcoin Returns to Its Cypherpunk Roots: An Interview With Lupták and Sip of Hackers Congress Paralelní Polis
First announced on the cryptography mailing list in 2008, Bitcoin was the embodiment of a decade-old cypherpunk vision. A digital currency not controlled by any government, bank, or company existed in the hearts and minds of hackers and cryptographers ...
With Formal Verification, Ethereum Searches for Smart Contract Certainty
But if conversation at ethereum's developer summit last week was any indication, it could play an increasing role given the security questions that still surround smart contracts and blockchains more broadly. As evidenced by multiple talks dedicated to ...
DNB, Norway's Largest Bank Shuns Bitcoin, Boots Bitcoin Association
DNB, Norway's largest bank, has dismissed Norges Bitcoinforening, a recently-formed, non-profit bitcoin association, over concerns about terrorist financing and money laundering, according to e24.no, a Norwegian news site. Norges Bitcoinforening has ...
Classic Ether's Decline Highlights Bitcoin's Biggest Potential Weakness
Despite that fundamental difference, limited, albeit increasing, investment funds and public interest left many with the feeling that rapid growth in Ethereum would inevitably result in a decline in interest, and therefore value, when it came to ...
Blockchain Will Be Used By 15% of Big Banks By 2017
In fact, banking and financial markets are adopting the technology “dramatically faster than initially expected,” according to a Wednesday IBM report titled “Leading the Pack in Blockchain Banking: Trailblazers Set the Pace.” More from Fortune on Banks ...
100 Zimbabwean Women Farmers Will Learn Power of Bitcoin
The idea is to raise US $22,500 for 100 women farmers. Ten farmers in each of Zimbabwe's 10 provinces will be given Bitcoin on their free BitMari Bitcoin Wallets. Just like Bitcoin, which removes the need for large middleman in financial transactions ...
Blockchain Tracker: Capitol Hill To Startups, Incubators Inbetween
Could be the beginning of a riddle: Why did a new caucus and an incubator show up on Capitol Hill? Trick question, no riddle here: In all of about 48 hours, Washington, D.C. showed that America's capitol has increased interest in blockchain — through ...
Bitcoin on Amazon! Sort of...
Bitcoin on Amazon! Sort of...
Bitcoin Price Reclaims $600
Bitcoin price maintains position above $600 and 400 CNY. This is a bullish chart condition but does not preclude a dip lower prior to a new wave of advance. Wait for the bullish chart signals. With trading its better to get in on a move a little late ...
Banks adopting blockchain 'dramatically faster' than expected: IBM
The technology company said 65 percent of banks expected to have blockchain projects in production in three years' time, with larger banks - those with more than 100,000 employees - leading the charge. IBM, whose findings were based on a survey of 200 ...
Op-Ed: Blockchain Can Make Globalization Work
De-globalization is not just about Brexit and rising U.S. protectionism. It is much more than that. It's a pervasive negative attitude regarding globalization that includes various autonomous and sometimes antagonistic movements, such as anti-Western ...
CME Group Adds New Exchange to Bitcoin Index
CME Group has added China-based digital currency exchange OKCoin to its bitcoin pricing indexes, first announced in May. Created through a partnership with London-based Crypto Facilities, the CME CF Bitcoin Reference Rate & CME CF Bitcoin Real ...
Euroclear Blockchain targets bullion markets
Paxos, a financial technology company delivering revolutionary blockchain solutions for the financial services industry, and Euroclear, one of the world's largest settlement houses, announced today that they are working on the development of a ...
New Bipartisan Blockchain Caucus Will Promote the Use of Bitcoin and Blockchain Technology
A year ago, Bitcoin Magazine highlighted the work of U.S. Congress Representative Jared Polis and noted his work meeting with politicians and businesses, promoting the many economy-building possibilities of Bitcoin and, by extension, blockchain ...
Russia's Largest State-Owned Bank's Cafe Accepts Bitcoin
A cafe located in Russia's largest state-owned bank Sberbank, which has demonstrated an increasing interest in the development of Blockchain networks and cryptocurrencies, is officially accepting Bitcoin payments in Sberbank headquarters in Moscow, ...
Scaling Bitcoin Conference Criticized For Rejecting Bitcoin Unlimited Proposals
Scaling Bitcoin Conference workshops and conferences are designed to discuss the implementations of various innovative technologies in scaling the Bitcoin network efficiently and securely. The industry's top wallet service providers, exchanges, trading ...
BTC/USD: Bitcoin Price Consolidates Above $600
The price of bitcoin continued to hold above $600 Wednesday, as the market consolidated in a familiar range after a series of sharp fluctuations earlier this month. The BTC/USD exchange rate was last down 0.2% to $603.40, according to CoinDesk. It ...
In Washington, Momentum Grows for Blockchain Action
While only Wednesday, the week has already seen the launch of the Congressional Blockchain Caucus (an effort led by Rep Jared Polis and Rep Mick Mulvaney), and the opening of the DC Blockchain Center, an information hub for policymakers. The two ...
Washington DC Launches First Blockchain Innovation Center
The Chamber of Digital Commerce and technology incubator 1776 have joined forces to launch the DC Blockchain Center. It will serve as Washington DC's entrepreneurial resource for technology providers, government contractors and agencies investing ...
CGI Launches Blockchain Lab for Trade Finance
CGI has launched a lab dedicated to helping its trade finance and supply chain clients harness the efficiencies of blockchain for new and existing products. The formal launch today at the Sibos finance conference in Geneva is part of the company's ...