Blockchain News

Regulator warns Bitcoin buyers: Be ready to lose all your money
The head of one of Britain's leading financial regulators has warned people to be ready to "lose all their money" if they invest in Bitcoin. Andrew Bailey, head of the Financial Conduct Authority, told the BBC that neither central banks nor the ...
Cryptocurrency Market Cap Tops Record $500 Billion
As of this week, the cryptocurrency industry across the globe is worth more than half a trillion dollars. The landmark achievement occurred thanks to rallies in the altcoin space and continued strong performance from leaders like bitcoin. As ethereum ...
Denmark Government Could Tap Blockchain For Foreign Aid Delivery, Says Report
Denmark's Ministry of Foreign Affairs has released a new report on the applicability of blockchain to foreign aid. The study was prepared in conjunction with blockchain startup Coinify and Sustania, a think tank, in a bid to explore the ways in which ...
A Guide to the World Bitcoin Created
Bitcoin. Cryptocurrencies. Smart contracts. Many people have now heard of the rapidly changing ecosystem of financial technology, but few have wrapped their heads around it. Hundreds of central banks and corporations are incubating a game-changing ...
A Cryptocurrency Without a Blockchain Has Been Built to Outperform Bitcoin
by Mike Orcutt; December 14, 2017. Bitcoin isn't the only cryptocurrency on a hot streak—plenty of alternative currencies have enjoyed rallies alongside the Epic Bitcoin Bull Run of 2017. One of the most intriguing examples is also among the most ...
How Bitcoin earnings are still taxable
Using an example of how Bitcoin can be taxed, Carolissen explained that like a Krugerrand which is sold, the capital appreciation on it will be taxed as capital gains tax. Carolissen said that SARS is also negotiating with international counterparts on ...
Yellowing Paper: What's Delaying a Crucial Ethereum Update?
The technical paper that's meant to provide the definitive rules for all computers running ethereum's software is falling out of date. Called the Yellow Paper, the document is what ethereum developers use as a reference when coding, and it's what ...
IBM & Walmart Launching Blockchain Food Safety Alliance In China With Fortune 500's JD.com
In further move to apply Blockchain technology for food traceability to support offline and online consumers, IBM, Walmart and Nasdaq-listed Chinese retailer JD.com together with Tsinghua University National Engineering Laboratory for E-Commerce ...
Japan's GMO Internet Group Will Pay Thousands of Workers in Bitcoin
GMO Internet Group, a Japanese provider of a full spectrum of internet services for both the consumer and enterprise markets, is introducing a system for employees to receive part of their salary in bitcoin. Headquartered in Tokyo, GMO Internet Group ...
Visit the Top Blockchain and Cryptocurrency Power Hubs of the World (VIDEO)
That's the message, at least, of my friend Jonathan Roth's short film on blockchain technology and cryptocurrencies, titled “Cryptocurrency Revolution: On the Frontlines of the World's Hottest Tech Opportunity.” Genesis Mining. Genesis Mining. I was ...
What is cryptojacking, how does it work and can you protect your cryptocurrency from theft?
It used to happen when the victim unknowingly installed a program that secretly mines cryptocurrency. In-browser cryptojacking uses JavaScript on a web page to mine the digital cash. Because JavaScript runs on almost about every website you visit, the ...
Gibraltar to Launch License Scheme for Blockchain Startups
The Gibraltar Financial Services Commission (GFSC) plans to create a new a license for startups working with blockchain. According to Reuters, the license would apply to firms transmitting money or assets using blockchain or distributed ledger ...
Xage emerges from stealth with a blockchain-based IoT security ...
Xage emerges from stealth with a blockchain-based IoT security ...
Xage emerges from stealth with a blockchain-based IoT security solution
Getting the myriad of devices involved in the industrial internet of things provisioned and communicating with one another in a secure way will be one of the great technological challenges facing companies in the coming years. Xage (prounounced Zage ...
Armed robbers steal $1.8 million worth of cryptocurrency
... perpetrator was also charged with computer tampering, criminal possession of stolen property, and computer trespass. The DA notes that the crime is a vivid illustration that hacking isn't the only way crooks can get their hands on your Bitcoins and ...
Deutsche Bank Says 'Mrs. Watanabe' Behind the Surge in Bitcoin
That term is often used to describe the individual Japanese investor, traditionally a housewife who runs her family's finances. And that's who behind the surge in bitcoin, according to a Deutsche Bank AG note Thursday. “We think that retail investors ...
Washington Is Trying to Regulate Bitcoin. These People Are Trying to Stop It
Bitcoin enthusiasts struck it rich this year as the cryptocurrency surged. Now they're preparing for battle in Washington to protect their industry's ascent. Advocacy groups are gearing up in Washington for a lobbying push in 2018, looking to limit ...
The booming cannabis industry has a serious cash problem — and cryptocurrency isn't the solution
The rapidly-growing cannabis industry has a cash problem, but dispensary owners around the country say cryptocurrency isn't a miracle solution. Most banks won't take cannabis cash, so dispensaries in states where the sale of cannabis is legal have been ...
What's ripple & why is it setting cryptocurrency world on fire?
A relatively cheap digital currency called ripple used to be on the crypto market periphery. Ripple has made serious strides this week, having almost tripled in price in the last 48 hours and pushing litecoin aside by market cap value. The world's ...
US Government Loses $2 billion on Early Bitcoin Trade
Ever wondered who is paying for all these FBI investigations? It's you, me, and every other tax paying citizen. However, it turns out the government and FBI department could have gone a long way to foot the bill by doing absolutely nothing. Yes, if the ...
Ripple is crushing litecoin with an $18 billion jump in market cap this week
On Friday, A group of Asian banks plans to test the technology for global money transfers. Ripple, a cryptocurrency focused on bank transfers, is up 51% in the past 24 hours after following a report major banks in Japan and South Korea plan to test the ...
Why blockchain is perfect for building a distributed AI platform
"The next AI revolution is going to solve these problems: It's going to bring more intelligence, it's going to coordinate and connect many different special AIs together, and it's going to enable AI to be applied for broader benefit," says ...
One group of traders has risen to dominate bitcoin trading
Japanese men in their 30s and 40s are the biggest drivers of the bitcoin boom. Forty percent of bitcoin trading between October and November was conducted in yen, according to a Nikkei report cited in a note by Masao Muraki, a global financial ...
DASH and Litecoin Analysis December 15, 2017
DASH continues to be very volatile, as we have recently broken above the vital $800 level. As we pull back, I believe we are trying to form a bit of an uptrend in channel, eventually building up enough momentum to break above the vital $1000 level ...
Israeli PM: Bitcoin Could Replace Banks
In a video published on Tuesday, Israeli Prime Minister (PM) Benjamin Netanyahu claimed that the operation of traditional banks will eventually become obsolete and could be replaced by Bitcoin. He based his claim on the trustless nature of Blockchain ...
4 Blockchain Contenders in Competition with Ethereum
The advent of Ethereum created a new paradigm in a still-young blockchain industry and shifted its focus away from cryptocurrencies as financial tools and toward a more utilitarian purpose. With smart contracts on Ethereum and similar blockchains ...
John McAfee: Verge (XVG) is the Best Buy; XVG Price Doubles Overnight
McAfee is a vocal advocate of cryptocurrencies and believes that privacy-centric coins, such as Monero, Zcash and Verge are going to go big in the future as governments scramble to get a grip on cryptocurrency transactions around the globe. Getting ...
First Came Bitcoin. Then Came Bitcoin Lenders
The woes of an early bitcoin investor. Until recently, people who paid virtually nothing for the virtual currency and watched it soar had only one way to enjoy their new wealth — sell. And many weren't ready. Lenders on the fringe of the financial ...
3 Questions for Governments Embracing Blockchain in 2018
Now, a new technology is emerging that supports open government initiatives focused on unleashing innovation in the public sector. Using blockchain, governments can address the dual challenges of trust and transparency, and the need for data protection ...
Corporate Shareholders in Russia to Vote Via Blockchain
According to local sources, Russia has become one of the first countries to develop an online system for corporate E-voting based on Distributed Ledger (Blockchain) Technology. The system is designed by DataArt and The National Settlement Depository ...
Down We Go? Bitcoin Looks Lower as Traders Chase 'Small Cap' Gains
Bitcoin is looking heavy today after failing to see a decisive move higher in the last 24 hours. While bitcoin (BTC) clocked a lifetime high of $17,631.42 just two days ago, it has since retreated to sub-$17,000 levels, as per CoinDesk's Bitcoin Price ...
Bitcoin is No Longer Just a Man's Game
The stereotype of the early Bitcoin adopter is one of a techie camped out in his mom's basement mining Bitcoin by the hundreds, and now living the high life off the profits. In those early days there was little room or scope for women in the burgeoning ...
Overstock.com's CEO May Sell Its Online Retail Business to Focus on Blockchain Projects
On Wednesday, Overstock.com (NASDAQ:OSTK) CEO Patrick Byrne announced a for-profit joint venture known as De Soto, Inc. with world-renowned economist Hernando de Soto to develop a blockchain-based global property registry system. The purpose of the ...
Not Just Bitcoin: Ethereum Passes $750, Dash Approaches Magic $1k
Ethereum (ETH) is crossing $750 for the second time in a day as prices continue hitting unbelievable all-time highs. In a frenzy of activity mirroring Bitcoin, ETH appears to be on track to continue its own historic surge, with the magic $1,000 price ...
Gibraltar Launches Financial Services License for Blockchain
FILE PHOTO: The Spanish city of La Linea de la Concepcion (rear), and the top of the Rock, a monolithic limestone promontory, are seen next to the construction (R) of Cape Vantage, in the British overseas territory of Gibraltar, south of Spain, August ...
As Bitcoin, other currencies soar, regulators urge caution
The public's interest in all things bitcoin and efforts by entrepreneurs to fund their businesses with digital currencies is starting to draw more attention from regulators. The head of the Securities and Exchange Commission this week warned investors ...
Tech firm raises $118 million in virtual coin offer to fund blockchain phone
ICOs allow startups founded on cryptocurrency technologies such as blockchain to quickly raise capital by issuing virtual tokens to investors. Such offerings have become more common in the past year, but Europe's top markets regulator warned last month ...
Japanese Shipping Giant, IBM to Trial Blockchain in Cross-Border Trade
... the Japan Research Institute, Sumitomo Mitsui Financial Group (SMFG), Sumitomo Mitsui Banking Corporation and other arms of the Mitsui Group. The proof-of-concept will utilize the Hyperledger Fabric blockchain framework, developed by the Linux ...
As Bitcoin Soars, Advocates Seek to Head Off New Restrictions
The committee is considering anti-money laundering legislation that would deploy new tools and close loopholes to undercut terrorism financing, counterfeiting and other criminal activity, Chairman Chuck Grassley, an Iowa Republican, said in a prepared ...
'Cryptojacking': Some Websites Are Using Your CPU to Mine Monero
If you've recently used Streamango, Openload, OnlineVideoConverter, or RapidVideo, your computer or phone may have been hijacked to mine cryptocurrency without your knowledge. Learn how to buy Bitcoin and Ethereum safely with our simple guide! The ...