Blockchain News

Out with the Old: Blockchain Requires a New Regulatory Approach
The first requirement is to create a level playing field for both DLT firms and consumers that guarantees legal and institutional certainty. Without certainty, we cannot have the required scalability for the technology. Moreover, institutional and ...
Litecoin, Bitcoin, IOTA: Aber was ist bei Ethereum los + 8.710 %
Viele Investoren haben Ethereum gekauft, weil es sonst kein Bitcoin gab oder weil sonst auch keine andere Kryptowährung gekauft werden konnte. Ethereum ist oftmals Mittel zum Zwecke aber nun macht die Digitalwährung auf einen Sprung auf fast 600 Euro ...
Man Who Lost $22000 In Cryptocurrency Scam: 'I Gave Him The Password'
Justin Newton is the CEO of Netki, which helps other companies that work in cryptocurrency. He warns investors to only interact with known support agents. “Bring to it the same kind of caution, or same kind of skepticism that you would to any type of ...
Bitcoin triggers ponzi fear: Government in a huddle, plans crackdown
Have you been invited to invest in a Bitcoin-linked investment scheme? Watch out, it could be just another ponzi scheme riding on the latest craze. Bitcoin, the virtual cryptocurrency, is surging higher and higher, leading to fears that it can lead to ...
Ethereum Price Achieves All-Time High at $752, Up 20% in 24 Hours
Decentralized applications such as CryptoKitties and EtherDelta have also demonstrated the potential of Ethereum as the base protocol for decentralized exchanges and digital asset trading platforms, which is an application that is useful beyond finance ...
Are Bitcoin Salaries the Future? This Japanese Internet Company Thinks So
While Japanese labor laws stipulate paying salaries in yen, GMO told Kyodo News that it was not breaking any regulations since the bitcoin payment would be optional, based on mutual agreement and deducted from an employee's monthly paycheck. The tech ...
Bitcoin Faces Competition As Rival Litecoin Surges 200% In One Week
The market capitalization of litecoin rose from $1 billion in November 2013 to $4.6 billion in November 2017 when a coin's price hit $85. In less than a month, its price has now surged to $300, giving a mammoth return of over 250%. What makes a ...
Bitcoin Gets High in Korea
That sounds like a pretty good mantra for governments the world over trying to wrap their heads around this tamagotchi of finance better known as bitcoin. South Korea is the latest to propose cryptocurrency measures after a surge in trading started to ...
Tax authorities have gatecrashed India's bitcoin party
Officials are investigating several bitcoin exchanges across the country, including in Mumbai, Bengaluru, Pune, Hyderabad, and New Delhi, Surabhi Ahluwalia, spokesperson for the tax department, told Reuters on Dec. 13. “We are looking at collecting ...
Bitcoin's New Barons No Longer Have to Sell to Live in Luxury
Someone looking to tap $100,000 in cash would probably need to put up $200,000 of bitcoin as collateral, and pay 12 percent to 20 percent in interest a year, according to David Lechner, the chief financial officer at Salt, which has arranged dozens of ...
William Galvin: Bitcoin can bite
That sharp spike in value and the accompanying media coverage has many deciding to put money in bitcoin, hoping to see returns many times over. Investors who are jumping into the bitcoin mania without understanding the technology and what influences ...
Walmart, JD.com Back Blockchain Food Tracking Effort in China
Retail giants Walmart and JD.com are among several companies backing a new blockchain effort in China focused on food safety and traceability. Along with Tsinghua University National Engineering Laboratory for E-Commerce Technologies and IBM, the four ...
Bitcoin fever exposes cryptocurrency market weaknesses
(Reuters) — As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds ...
Bitcoin, ethereum, litecoin: 3 reasons to doubt cryptocurrencies ...
Bitcoin, ethereum, litecoin: 3 reasons to doubt cryptocurrencies ...
Plan B? Ethereum Innovators Are Reviving the Fight for Net Neutrality
Case in point, Floersch thinks ethereum, the world's second-largest blockchain by market size, could be of help. Floersch supports the idea that if net neutrality is abolished, blockchain technology could be used to disrupt the middlemen who currently ...
Bitcoin Trading Thrives Wherever Regulators Crack Down Most
Bitcoin's creators also set a limit to the amount of currency that could be created to avoid the inflation that ensues when central banks print money. In China, where regulators closed local exchange operations, peer-to-peer trading rose more than 2 ...
A bubble? We don't even know how to value Bitcoin
Bitcoin currently accounts for 59.4% of the total global cryptocurrency market but at the beginning of 2016 it was 91.3%. Many of these other cryptocurrencies have more functionality than Bitcoin (such as Ethereum's ability to execute smart contracts ...
Bitcoin latest: Third of millennials will be invested in the cryptocurrency in 2018
One in three millennials will be invested in a cryptocurrency by the end of next year, possibly enticed by the meteoric rise in the value of bitcoin over recent months, according to new research. The study by cryptocurrency exchange London Block ...
Here's What You Should Know About Bitcoin's Third Largest Market: South Korea
South Korea's government held an emergency meeting about regulating bitcoin on Wednesday—and traders paid close attention to the outcome. The Asian nation is the third biggest market for buying and selling bitcoin, behind Japan and the U.S., according ...
Someone is selling a 'spectacular' penthouse in Miami — but they're only accepting bitcoin
Justino Ferret, the agent on the property, told Business Insider that this seller is only accepting bitcoin. The cryptocurrency has surged more than 1,500% this year against the US dollar as it gained popularity with Wall Street and retail investors ...
Saudi, UAE Central Banks Team Up to Test Cryptocurrency
The central banks of the United Arab Emirates and Saudi Arabia are reportedly launching a pilot initiative that will see the two institutions test a new cryptocurrency for cross-border payments. Regional news sources such as The National and Gulf ...
App Stores of Future Will Be Based on Blockchain, Promote Transparency
In 2017, app stores saw record revenues and downloads. Across both iOS and Android platforms, downloads grew by 15 percent year-over-year to reach nearly 50 billion worldwide, taking total revenue to $15 billion. Google Play and the Apple App Store are ...
Commentary: Why Bitcoin Would Make a Great Holiday Gift
Today, hovering at a price around $17,000, it looks more like that bitcoin will pay for Alex's tuition. However, that was not always the case. In 2013 it simply felt appropriate to give a child who will never know life without hyper-connectivity the ...
Marathon Patent Group: Bright Red Flags With This Newfangled 'Blockchain' Play
Marathon recently announced an agreement for the acquisition of Global Bit Ventures Inc (GBV) that will leave prior common shareholders with just 19% of the company. GBV was an entity set up only in August of this year and appears to have an ...
Do Not Go into Debt to Buy Bitcoin, You Idiots
Thinking back to the first time you heard about Bitcoin is probably painful, and not just because it might conjure up memories of the dreadlocked white dude you went to college with who knew what was good with the dark web. The most gut-wrenching fact ...
'Highly Speculative Asset.' The Fed Chair Just Issued a Stark Warning About Bitcoin
Federal Reserve Chair Janet Yellen called the digital currency bitcoin a “highly speculative asset” that “doesn't constitute legal tender.” Bitcoin, the cryptocurrency, has surged about 17 times in value this year, prompting caution from central ...
South Korea May Tax Cryptocurrency Trades
South Korea is considering taxing profit gains on from trades of bitcoins and other cryptocurrencies. According to reports, the South Korean government held an emergency meeting yesterday to discuss measures to tamp down on overheated trading in ...
Bitcoin's value is skyrocketing — here's how to figure out if you should sell
If you had invested $100 in bitcoin seven years ago, it would be worth around $28 million today. Even if you had hopped on the train three years ago, a $100 investment in 2014 would be worth $5,000 today. Of course, those lucky early investors can't ...
Google's Cryptocurrency Easter Egg
Google has often been a forerunner of new technology, and in the case of blockchain -backed currencies, it pounced again! Great googly moogly! The search engine giant's latest blockchain-related surprise is better described as an Easter egg hiding in ...
Argentinian Starbucks Rewards Site Mined Monero Using Visitors' Computers
We have seen a lot of companies use browser-embedded mining scripts to piggyback on visitors' user resources. In virtually every case, such scripts are used to mine Monero, a very popular altcoin with a strong focus on privacy and anonymity. One thing ...
Beyond Bitcoin: How federal agencies are discovering new uses for blockchain
You rarely hear blockchain mentioned outside of the context of Bitcoin, the cryptocurrency taking Wall Street by storm. That's because the concept was created to make cryptocurrencies possible. But defining it that narrowly would be like calling the ...
Mexican authorities warn cryptocurrency offerings could be a crime
The authorities urged only seasoned investors to dabble in cryptocurrencies and to remain vigilant for signs of fraud. “Given their nature, virtual currencies have shown high volatility, as they are the subject of broad speculative activity,” the ...
Ethereum Price Just Keeps on Trucking as $700 Resistance Is Pulverized
Even though most cryptocurrencies have seen meteoric rises throughout the year already, the fun isn't over just yet. After strong gains yesterday, we've seen the Ethereum price move up yet again. With a value of US$714 per ETH, things are looking ...
Someone Created an IOTA Token on the Ethereum Blockchain
People seemingly like to issue existing cryptocurrencies and digital assets as ERC20 tokens on top of the Ethereum blockchain. There is very little to gain by doing so, other than tricking novice cryptocurrency users into buying these crappy tokens. It ...
Bitcoin's 8.7% Decline Pales in Comparison to Record Run
Bitcoin slumped by as much as $1,495 after a record-breaking few days that saw the digital currency move closer to the mainstream through the introduction of futures. Today's drop did trigger a volatility halt at Cboe, with futures trading paused for ...
Chinese Baller Buys Rare F1 Cars Using Litecoin
Now we're moving on to millionaires buying more ridiculous stuff with Litecoin, Bitcoin's quicker little brother. According to Bitcon.com, a Chinese multi-millionaire just agreed to buy four rare F1 cars from the U.K.'s Heritage F1 dealership. The ...
Here's the Differences Between Bitcoin, Litecoin and Ethereum
The revolution will not be televised. It'll be sent to your inbox by us. sign up. Bitcoin, Litecoin, Ethereum. The big players in the world of cryptocurrency have jumped in value in recent months, as people get to grips with online wallets and try ...
Mingis on Tech: Blockchain explained
"It," in this case, is blockchain – the buzz-worthy distributed ledger technology that first came into widespread use with Bitcoin represents a new paradigm for the way information is shared. FinTech firms are embracing it and a variety of companies ...
5 Sectors Blockchain Is Disrupting That Are Not Cryptocurrency
For a few years now, "blockchain" and "cryptocurrency" have gone hand-in-hand. The blockchain concept is complicated, and involves constant-growth record lists linked together and secured through cryptography (think of the Cryptex from The Da Vinci ...
Parity Technologies Suggests Hard Fork To Release Locked Ether
This mishap affected one in 128 accounts produced by some teams and rendered useless. Thousands of additional Ethers got stuck. The DAO hack and the subsequent fork delivered problems with transactions that replayed across both Ethereum and the ...