Blockchain News

The SEC is Now Weighing an Ethereum ETF Proposal
The SEC has quietly begun the process of weighing whether to approve an exchange-traded fund (ETF) for the cryptocurrency ether (ETH). The backers of the EtherIndex Ether Trust first filed in July 2016, seeking to launch an ETF backed by a cache of ...
A New Startup Just Proved That Blockchain Is Going to Utterly ...
A New Startup Just Proved That Blockchain Is Going to Utterly ...
UASF Developer Revises Controversial Bitcoin Scaling Proposal
A controversial proposal for upgrading the bitcoin blockchain saw a notable strategy shift this weekend. Since its publication on the bitcoin-dev mailing list on 25th February, a proposal by pseudonymous contributor Shaolinfry for a user-activated soft ...
How Bitcoin Transaction Fees Maintain Decentralization
Vogel explains that the reason for transactions fees in Bitcoin is to serve as an incentive for miners to confirm transactions. He also notes that it essentially comes down to the good-will of a miner to confirm a transaction that is not associated ...
Bitcoin is getting close to its all-time high
However, bitcoin has rallied off its March 24 low of $959.45 as it has gained acceptance elsewhere. First, Japan announced it was accepting the crypticurrency as a legal payment method, then, Russia said it would consider recognizing bitcoin and other ...
Vitalik Buterin Wants to Give Up the Ethereum Mantle… Maybe in Five Years
However, just like Facebook, Google or Apple were built by many, but are personified by one person, the face of ethereum is undoubtedly Vitalik, probably because this space already has a leaderless currency, bitcoin, and some think that's not going ...
What's Driving Ether Classic to All-Time Highs?
The cryptocurrency that powers the alternative ethereum software platform ethereum classic reached a fresh high of $4.11 at 12:00 UTC yesterday, according to data from CoinMarketCap. At this price, the digital asset was more than 16% above its previous ...
In Bitcoin Litecoin Drama, BitPay Presses On With “Secondary Blocks”
BitPay CEO Stephen Pair has signaled progress in the company's Bitcoin upgrade. BitPay wants extension blocks, but no hard forks. Pair suggested the company has been doing some groundwork on testing extension blocks longer than what they've made ...
Internet Giant Tencent is Building a Blockchain Platform
Chinese internet conglomerate Tencent is building a suite of blockchain services, detailing the plans in a new white paper. The firm – the maker of popular social services such as QQ and WeChat – is planning to use the technology to offer digital asset ...
Bitcoin Price Soars Toward $1275 in 45-Day High
Bitcoin price is pushing on with its bullish gains as the cryptocurrency continues to reach the dizzying heights scaled in early March during the lead-up the SEC decision of the Winklevoss bitcoin electronic traded fund (ETF). It has been a month of ...
Why US and Europe's Regulators Plug Bitcoin, Blockchain Access to Legit Financial System
After declining the approval of the Winklevoss twins' Bitcoin ETF, the SEC has recently rejected the proposal of NYSE Arca to list and trade SolidX's Bitcoin Trust. NYSE Arca is the first all-electronic exchange in the United States and has more than 8 ...
Inside the JBI: China's First State-Backed Blockchain Research Group
The government of the Chinese province of Jiangsu is backing a new research effort aimed at offering unbiased information to businesses coming up to speed on blockchain. Launched in September 2016, the Jiangsu Huaxin Blockchain Research Institute ...
IBM Partners NUS to Train Students on Blockchain in Singapore
The National University of Singapore (NUS), the country's largest university by curriculum offered and student enrollment, is collaborating with IBM to develop educational modules on blockchain technology. Come January 2018, students at the National ...
Trusted Identities in Blockchain Apps Shown to Work
A recently completed proof of concept study demonstrates that robust identity trust can be integrated with blockchain technology. This development has significant implications for the use of distributed electronic ledgers (i.e., blockchain) for ...
Fastest-Ever ICO: Ethereum-Based Gnosis Creates $300 Mln in ...
Fastest-Ever ICO: Ethereum-Based Gnosis Creates $300 Mln in ...
Altcoin Created by BitTorrent's Cohen To Combat “Bitcoin Flaws”
Incorporating a Bitcoin-based content distribution system called Bitcache, the project makes direct use of Bitcoin wallets to allow content creators to receive payments for the material they publish. In preparation for Bitcoin's latest rival, meanwhile ...
P2P Giant Dianrong is Preparing for Full Blockchain Integration
The newly appointed chief financial officer of P2P lending platform Dianrong has some big plans for blockchain. Already, Dianrong has co-founded a blockchain lending platform called Chained Finance; now, less than a week after the firm hired IPO expert ...
$150000 in Stolen Indian Bank Money Used to Invest in Bitcoin
The breach affected 23 branches in the Pune district and some of the stolen funds were used to invest in bitcoin was invested into bitcoin via three companies in Ahmedabad, Gujarat – a state in Western India. Police reportedly froze the accounts of the ...
Why investing in bitcoin this year is the best choice
Technology has truly revolutionized the way people invest these days. From online Forex trading to online stock trading through smartphones and now cryptocurrency. Bitcoin is gradually replacing the position of gold as an asset in financial crises ...
The Global Financial World Is Banking On Blockchain. Synechron Explains Why.
Blockchain is big news in the finance world right now. A complicated database system that's an integral part of Bitcoin, Blockchain creates time-stamped, secure blocks of data that can't be altered. The finance world loves it: Both IBM and Microsoft ...
'Nowhere Near the Web'? Blockchain Adoption Sees Debate at MIT Event
Speaking at MIT Fintech Conference 2017, Narula discussed where blockchain is in terms of its evolution, offering strong words of caution for more novice observers. The comments cut to the core of popular comparisons to the internet that seek to ...
Live Player Games removes the middleman with new Ethereum poker app
Live Player Games removes the middleman with new Ethereum poker app And yet with all of this happening, people still sit down in a casino, hand over paper fiat money, receive plastic chips, and play poker, a game that has been around since the early ...
Ethereum Prediction Market Gnosis Raises $12.5m in Lightning ...
Ethereum Prediction Market Gnosis Raises $12.5m in Lightning ...
Deloitte's Dublin lab is in the middle of a blockchain reaction
Dublin is at the forefront of global disruption being wrought by the evolution of blockchain. The building blocks of blockchain that will impact a variety of industries, not only finance, are being formed in a new Deloitte blockchain lab in Dublin's ...
Swift Selects Hyperledger Tech For Cross-Border Blockchain Test
Swift has officially selected Hyperledger's Fabric codebase for use in its most prominent blockchain project. Designed to simplify the nostro-vostro accounts banks held to facilitate international transactions, the trial includes participation from BNP ...
Blockchain technology is the coolest thing in Indian finance right now but nobody really gets it
It's tough to keep up with technology. And India's finance sector knows it too well. Blockchain technology, based on concepts that underpin cryptocurrencies like bitcoin, is fast gaining pace in Asia's third-largest economy but business executives ...
How to Expose a Bitcoin Mining Scam
Recently we stumbled on a company – Foxminers LLC – supposedly offering cutting edge ASICs for unbeatable prices. The company claimed these ASICS are made with proprietary chips capable of mining both Sha256 and Scrypt. Upon investigating, it ...
Dubai Aims to Be a City Built on Blockchain
Now it's planning another transformation to bolster its claim as the leading center for business in the Middle East—to an economy that relies heavily on blockchain technology. Blockchain is perhaps best know as the technology behind the digital ...
ICO Insanity? $300 Million Gnosis Valuation Sparks Market Reaction
The latest in a long line of initial coin offerings, a sale held today for tokens that will power the ethereum prediction market Gnosis is emerging as a novel entry – if not for the reason intended. Ostensively designed to discourage the kind of ...
Blockchain will link payer, provider, patient data like never before
Blockchain is poised to become the next big healthcare innovation, and both insurance and provider organizations see real value in it. The technology that began with Bitcoin in 2009 promises to provide the safe, interoperable sharing of real-time data ...
Global Blockchain Startup Ecosystem, 2017
Blockchain and distributed ledger technology are disrupting multiple vertical industries with their innovative applications and new capabilities. As well as reducing costs, blockchain technology enables new revenue streams through new tools for ...
North Korea May Be Responsible for Recent Spate of Bitcoin Attacks
Bitcoin offers a number of potential advantages over other types of currency. It is decentralized, by necessity digital, easily transacted, and more. On the other hand, though, the requirement that Bitcoin be tied with a digital footprint means that ...
BlockChain for U.S. Financial Institutions Now a Reality: eZforex.com, Ripple, and Star One Credit Union Collaborate ...
BlockChain for U.S. Financial Institutions Now a Reality: eZforex.com, Ripple, and Star One Credit Union Collaborate ...
9 Things We Bought With Bitcoin
But doing so would make us a bit annoying. We head over to South Korean company Kimchi Socks to buy their Bitcoin branded socks. That way, maybe people will notice and ask about Bitcoin themselves? Bitcoin socks, paid with Bitcoin. We are so much fun ...
Scam Alert: Fake Blockchain Conference Angers Bitcoin Community
Andreas Antonopoulos and other experts have denied having any connection with the advertisement of a Blockchain conference in Lagos, Nigeria on 14 and 15 ...
Charlie Lee Convinces Major Litecoin Miner to Signal SegWit, Bitcoin Next?
Most mining pools that are mining or signaling SegWit on Litecoin plan to push SegWit on Bitcoin if it performs as expected on the Litecoin network. Major Bitcoin mining pools such as F2Pool have publicly announced that they intend to signal SegWit on ...
Suddenly, Europe is Starting to Become Bitcoin Haven
Countries like France, Germany and the UK have already established regulatory frameworks for Bitcoin companies, users and traders. Other European countries have offered their unique regulatory frameworks with clarity, to ensure there exists no conflict ...
Monero Price Analysis - Unexpected Retrace Is No Cause For Panic
The weekend has not been kind to Monero holders, which comes as a bit of a surprise. With the XMR value dropping below the US$20 mark for the first time in a while, some holders may have panic sold over the past few days. However, a push for upward ...
Bitcoin Has Power to Break People Out of Poverty, Current System Broken
Digital currencies are transparent and some currencies like Bitcoin offer a transaction ledger that is public. These currencies can help the poor gain freedom from cash which is money that offers anonymity to drug dealers, corrupt officials and others ...
Blockchain Could Expand Central Bank Access, Says Bank of Japan
Central banks could allow access to accounts around the clock if they used blockchains or cryptocurrencies, a senior Bank of Japan official speculated last week. Speaking during a finance forum on 21st April, deputy governor Hiroshi Nakaso touched on ...