Blockchain News
Russia's Biggest Bank Joins the Hyperledger Blockchain Project
As reported by Banking Technology, Khasis sees the bank using blockchain solutions for various sectors of industry beyond banking and finance, such as real estate. The bank will also see a dedicated developer team working with the Hyperledger Project, ... (Sep 29, 2016, CryptoCoinsNews)
BitFiniti: Industry Meets Blockchain in Miami
This October, a new kind of blockchain conference will debut in Florida. BitFiniti aims to take blockchain from "behind the veil" and showcase the technology to select industries in hopes of raising awareness about the potential of the technology and ... (Sep 29, 2016, Nasdaq)
'Money Mule' Gangs Turn to Bitcoin ATMs
Fraudsters who hack corporate bank accounts typically launder stolen funds by making deposits from the hacked company into accounts owned by “money mules,” willing or unwitting dupes recruited through work-at-home job scams. The mules usually are ... (Sep 29, 2016, Krebs on Security)
Congressional Caucus Created to Push Blockchain
The Congressional Blockchain Caucus debuted with two members this week, a bipartisan duo who seek to shape policies on cryptocurrencies - technology that is already being evaluated within the cable and media businesses for payments and other secure ... (Sep 29, 2016, Multichannel News (blog))
Why Rabobank's Blockchain Cross-Border Tool Isn't Just a Database
In addition to the cross-border payments functionality, the blockchain tool notifies recipients before taking any actions so they can decide if they want to receive the money and in what form. Then, it lets the bank's independent affiliates work from a ... (Sep 29, 2016, CoinDesk)
Bitcoin Price Slowdown
Bitcoin price continues trading above support as 4,000 CNY and $600 holds. Slowing price action implies an imminent ramp-up in volatility, yet technical analysis suggests traders wait for additional consolidation. This analysis is provided by xbt ... (Sep 29, 2016, CryptoCoinsNews)
Wealth and Asset Management Report Predicts Blockchain Use by 2021
At the same time, artificial intelligence, virtual reality, blockchain, and real-time analytics are a few of the smart technologies that investment providers are embracing. As a result, it is predicted that by 2021, the convergence of these smart ... (Sep 29, 2016, Bitcoin Magazine)
With Its Unbanked Majority, Bolivia Can Gain Much From Adopting Bitcoin
A country with a high-rate of the unbanked, a large informal economy and a tumultuous history of inflation sounds like a perfect scenario for Bitcoin and cyrpyocurrencies to thrive. However, a quick glimpse on Bitcoin-related groups on social media ... (Sep 29, 2016, CoinTelegraph)
Bitcoin Price Watch; Our Take On The Late US Session
So that's it for another session in the bitcoin price. Things have been pretty wild all week, but there haven't been too many opportunities to get in to the market other than on short, scalp breakout entries. We're looking for some degree of sustained ... (Sep 29, 2016, newsBTC)
Regulators Block Sale of Bitcoin Miner Avalon
A deal that would have seen Chinese manufacturer Shandong Luyitong purchase bitcoin mining hardware firm Canaan is no more. The deal is said to have been scuttled as a result of apprehension on the part of regulators from the Shenzhen Stock ... (Sep 29, 2016, CoinDesk)
Ethereum-Based Investment Fund ICONOMI Raises Over $8.9 ...
Ethereum-Based Investment Fund ICONOMI Raises Over $8.9 ... (Sep 29, 2016, CryptoCoinsNews)
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 ... (Sep 29, 2016, CryptoCoinsNews)
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 ... (Sep 29, 2016, CoinJournal (blog))
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 ... (Sep 29, 2016, CoinTelegraph)
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 ... (Sep 29, 2016, CoinDesk)
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 ... (Sep 29, 2016, The Merkle)
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 ... (Sep 29, 2016, CryptoCoinsNews)
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 ... (Sep 29, 2016, Bitcoinist.net)
Blockchain: how the revolutionary technology behind Bitcoin could ...
Blockchain: how the revolutionary technology behind Bitcoin could ... (Sep 29, 2016, Art Newspaper)
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 ... (Sep 29, 2016, CoinTelegraph)
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 ... (Sep 29, 2016, Finance Magnates)
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 ... (Sep 29, 2016, CNBC)
FXOpen Becomes First Retail Forex Broker to Accept Ethereum ...
FXOpen Becomes First Retail Forex Broker to Accept Ethereum ... (Sep 29, 2016, Finance Magnates)
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 ... (Sep 29, 2016, Brave New Coin)
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 ... (Sep 29, 2016, newsBTC)
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 ... (Sep 29, 2016, International Business Times UK)
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 ... (Sep 29, 2016, PR Newswire (press release))
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 ... (Sep 29, 2016, SPAMfighter News (press release))
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 ... (Sep 29, 2016, The Boston Globe)
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 ... (Sep 28, 2016, CryptoCoinsNews)
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 ... (Sep 28, 2016, CoinTelegraph)
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 ... (Sep 28, 2016, Bitcoin Magazine)
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 ... (Sep 28, 2016, CoinDesk)
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 ... (Sep 28, 2016, CryptoCoinsNews)
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 ... (Sep 28, 2016, Nasdaq)
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 ... (Sep 28, 2016, Fortune)
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 ... (Sep 28, 2016, CoinTelegraph)
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 ... (Sep 28, 2016, PYMNTS.com)
Bitcoin on Amazon! Sort of...
Bitcoin on Amazon! Sort of... (Sep 28, 2016, Linux Journal)
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 ... (Sep 28, 2016, CryptoCoinsNews)