Blockchain News
Dutch Brothers in Court for Bitcoin Mining With Stolen Power
THE HAGUE, Netherlands — Prosecutors in the Netherlands are seeking prison sentences for two brothers who they say used stolen electricity to power computers they used to mine bitcoins worth an estimated 200,000 euros ($223,500). Prosecutors said in ... (Sep 21, 2016, New York Times)
Ethereum Devs Applaud the Audience at Devcon's Closing
Microsoft took the headlines today with their announcement of Benchley, which makes it easy to create your own ethereum based private blockchain, Cryptolet, a smart contracts oracle, and Enclaves, “an area of the chip itself where you can have code and ... (Sep 21, 2016, CryptoCoinsNews)
AmsterdamGold Taps BitPay To Accept Bitcoin Payments
Bitcoin is playing a significant role of importance in the precious metals sector. BitPay has added another client to their growing list of companies accepting Bitcoin payments. AmsterdamGold, a Dutch company in the precious metal trade, is now ... (Sep 21, 2016, The Merkle)
Bitcoin Mining with Zero Fee: BTC.com Joins Mining Pool Race
Despite suggestions that Bitcoin mining pools are not as profitable as they used to be, the new open-source platform by China's website for Bitcoin block statistics seems to have found a place on the list of the top ten mining pools. According to the ... (Sep 21, 2016, CoinTelegraph)
A New York judge says bitcoin is money, two months after a Florida judge ruled it wasn't
The ruling followed an opposite conclusion in Florida in July. A judge in that state dismissed charges of illegally transmitting and laundering $1,500 in bitcoin on the grounds that bitcoin wasn't a currency. This time around, US District Judge Alison ... (Sep 21, 2016, Mashable)
Bitcoin Price At Critical Support Pre-FOMC
Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Bitcoin price slumped overnight. Markets are beginning to rear ahead of today's Fed rates announcement. This analysis is provided by xbt.social ... (Sep 21, 2016, CryptoCoinsNews)
Blockchain Tracker: Edits, Approvals, Music & Bono
Bono once said, “Music can change the world because it can change people.” Blockchain proponents would argue in favor of that concept, especially after this week's announcement from Ujo Music. The startup has its eyes — or, in this case, ears — on ... (Sep 21, 2016, PYMNTS.com)
Bitcoin Price Watch; A Short-term Cascade Effect
The cascade effect has put us on back-foot — we are expecting Bitcoin price to go further down, towards our immediate downside target near 589.77 fiat. A further slip will instantly bring 584 back in sight, while establishing the overall bear control ... (Sep 21, 2016, newsBTC)
State Street and PeerNova Trial New Blockchain Prototype for Capital Tracking
PeerNova and State Street have been trialing a blockchain-enabled platform for the tracking and monitoring the flow of funds. The two partners anticipate completing all the relevant milestones by October 2016 and will eventually move forward to a pilot ... (Sep 21, 2016, Bitcoin Magazine)
Blockchain Smart Contracts Need a New Kind of Due Diligence
In this article, Mlynar and Schaefer examine the issues that can arise when recording smart contracts in an immutable system and raise the need for enhanced due diligence before any transactions are written in "blockchain stone". Disclaimer: The views ... (Sep 21, 2016, CoinDesk)
DARPA Awards $1.8 Million Contract to Verify a Blockchain Solution
KSI's blockchain technology uses a public ledger much like the bitcoin blockchain, even predating the most robust and well-known blockchain of them all. Data transactions are recorded on the KSI ledger, removing the need for trusted insiders for ... (Sep 21, 2016, CryptoCoinsNews)
When a Blockchain Isn't a Blockchain
The consulting company Accenture has come up with a way to render the blockchain -- the technology behind Bitcoin -- more palatable to the world of high finance. The innovation: Make it not a blockchain. One of the defining features of the blockchain ... (Sep 21, 2016, Bloomberg)
Microsoft delivers version 1 of 'Bletchley' Azure blockchain as a service middleware
Microsoft is making an early version of its Azure Blockchain as a Service middleware available to customers as of this week. azureblockchainbletchley.jpg Credit: Microsoft. Codenamed "Project Bletchley," that fabric is meant to provide some of the ... (Sep 21, 2016, ZDNet)
Coinbase CEO Armstrong: Ethereum Scaling Better Than Bitcoin
Fred Ehrsam, co-founder of Coinbase, had noted that in May that in its first nine months, Ethereum's level of app development had already outpaced bitcoin's. Ehrsam did not advocate a contest between the two cryptocurrencies. He said there is a ... (Sep 21, 2016, CryptoCoinsNews)
Singapore Road Tests Future of B2B Blockchain Contracts
The future of decentralized contract is here - Singapore is road testing its first B2B contract registered to the Blockchain between two enterprises. While last week's debut of smart contract between IBM and Bank of Tokyo-Mitsubishi UFJ is private in ... (Sep 21, 2016, CoinTelegraph)
Bitcoin to Get First-Ever Daily Auctions on Winklevoss's Gemini
Gemini Trust Co., the U.S.-based digital-currency exchange founded by entrepreneurs Cameron and Tyler Winklevoss, is introducing a daily bitcoin auction to facilitate price discovery and larger trades at lower costs. The auctions, to be held at 4 p.m ... (Sep 21, 2016, Bloomberg)
Elite Dating Service HePays Ventures Into The Bitcoin World
The relation between Bitcoin and online dating has always seemed a bit off to people. Butt hat isn't keeping companies from trying to explore the cryptocurrency payment option. HePays is a new social platform which seems to target singles who want to ... (Sep 21, 2016, newsBTC)
Winklevoss Exchange Gemini to Launch Daily Bitcoin Auctions
Gemini Trading, the bitcoin and ethereum exchange founded by Tyler and Cameron Winklevoss, is set to begin hosting daily bitcoin auctions. While such auctions are commonplace as a way to determine more accurate closing prices for the New York Stock ... (Sep 21, 2016, CoinDesk)
What's The Best Price For A Bitcoin? Winklevoss Exchange Gemini Aims To Find Out With Daily Auction
In the nascent bitcoin trading industry, it's hard to settle on one price each day. Because it's a relatively thinly traded market, and that is compounded by the fact that cryptocurrencies are traded 24/7, exchanges all over the globe vary widely when ... (Sep 21, 2016, Forbes)
Indian Bitcoin Exchange Coinsecure Partners OKLink for Blockchain Remittances
“We at Coinsecure not only recognize Bitcoin as the most important application of blockchain but also its potential role in alleviating global transaction woes and expedite remittance. Coinsecure is thrilled to partner with OKLink to provide faster and ... (Sep 21, 2016, Finance Magnates)
Asset Managers Expect to Be Using Blockchain in Five Years
A new survey has found that nearly two-thirds (64%) of asset managers expect to using blockchain technology within the next five years. Conducted by consultancy Roubini ThoughtLab, the findings are part of a report entitled "Wealth and Asset Management ... (Sep 21, 2016, CoinDesk)
European banks will offer bitcoin wallets soon
Bitcoin Suisse founder Niklas Nikolajsen believes it's only a matter of time before European banks will start offering bitcoin wallets. European banks will offer bitcoin wallets soon Digital currencies like bitcoin are proven to be faster and cheaper ... (Sep 21, 2016, CalvinAyre.com)
KPMG Lists Blockchain Startup OnChain among Top 50 FinTech Companies
It is always positive to see blockchain companies being labeled as a “top fintech company”. A new list of 50 top fintech businesses, released by KPMG, mentions OnChain. This particular company offers enterprise-grade multisignature Bitcoin wallet API ... (Sep 21, 2016, newsBTC)
Microsoft Offers Cookie-Cutter Ethereum Blockchain Deployment
Azure is Microsoft's cloud-based business service, which supports multiple programming languages and provides for the creation of custom applications on Microsoft's infrastructure. In October 2015 Azure added Ethereum support with the goal of allowing ... (Sep 21, 2016, Finance Magnates)
With a $10 payment, NAB starts to unlock blockchain
It was one small transfer for National Australia Bank, one giant leap for Australian banks. NAB says it has successfully transferred $10 across the world using blockchain – the algorithmic technology that underpins cryptocurrencies such as bitcoin. NAB ... (Sep 21, 2016, The Sydney Morning Herald)
DevCon2: Ethereum Mist and how to build apps that are truly unstoppable
Ethereum designer Alex Van de Sande began his talk on the Mist browser project with an apology for "outlandish" claims on the Foundation's website, such as its statement of intent to "build unstoppable apps". Perhaps there is a veiled reference here to ... (Sep 21, 2016, International Business Times UK)
Thomson Reuters Demos New Ethereum Blockchain Use Cases
Nugent also highlighted Thomson Reuters work to promote its blockchain efforts through hackathons held in partnership with the Ethereum Foundation, indicating these events help it better test its solutions with the open-source community. Thomson ... (Sep 21, 2016, CoinDesk)
Ethereum Price Technical Analysis – ETH Overbought, Caution Ahead
Ethereum price continued to impress, as it registered solid gains not only against the US dollar, but also against Bitcoin. There was a move above the $14.00 handle, which is a sign that the price is an uptrend. My yesterday's idea of buying ETH worked ... (Sep 21, 2016, newsBTC)
DevCon2: Microsoft marches further into Ethereum BaaS with 'Cryplets' and 'Enclaves'
In the year since it publicly announced backing for Ethereum via the Azure Cloud Blockchain-as-a-Service (BaaS), Microsoft has been busy. Taking to the stage at DevCon2, Marley Gray, who heads the Ethereum BaaS on the Azure project, pointed out that he ... (Sep 21, 2016, International Business Times UK)
Bitcoin Price Technical Analysis for 09/21/2016 - Bulls Holding the Fort?
Bitcoin price made a sharp break from the recent short-term consolidation and sold off. Price still found support at the ascending channel visible on the 1-hour and 4-hour time frames, suggesting that buyers are trying to hold the fort. Technical ... (Sep 21, 2016, newsBTC)
Microsoft's Bletchley Blockchain Project Enters Next Phase
Released as part of the update is its first "Quickstart Template", a tool designed to make it easier for Project Bletchley users to spin up a consortium using a private version of the ethereum blockchain. The template, Microsoft representative said, is ... (Sep 21, 2016, CoinDesk)
Federal judge says Bitcoin is money in case connected to JP Morgan hack
Murgio was not directly charged with conducting any of the hacks, but the Justice Department did claim that Murgio ran a sketchy Bitcoin exchange website called Coin.mx with Gery Shalon, the alleged mastermind of the JP Morgan hacks. According to a ... (Sep 21, 2016, Ars Technica)
Deloitte Sets Good Example, Installs Bitcoin ATM in Toronto Office
Deloitte unveiled their new personal Bitcoin ATM machine in their Toronto office off Yonge St. The Bitcoin ATM itself will be used heavily by Deloitte's Rubix division which specializes in Blockchain technology. This will provide Deloitte with a faster ... (Sep 20, 2016, CoinTelegraph)
Toward the Moon: Genesis Mining Sends the First Bitcoin Into Space
Speaking to Bitcoin Magazine , Marco Streng, CEO and cofounder of Genesis Mining, said that the Bitcoin community started using the catchphrase "to the moon" when the growth of the digital currency was rapidly escalating. For the company, this was ... (Sep 20, 2016, Nasdaq)
Toward the Moon: Genesis Mining Sends the First Bitcoin Into Space ...
Toward the Moon: Genesis Mining Sends the First Bitcoin Into Space ... (Sep 20, 2016, Bitcoin Magazine)
Why Accenture's Plan to 'Edit' the Blockchain Is a Big Deal
Blockchain is not just about money—it's about ideas as well. That's why a new plan to “edit” the blockchain, announced by Accenture on Tuesday, is causing a stir among fin-tech purists who see it as a betrayal of what the technology is all about. A ... (Sep 20, 2016, Fortune)
State Street Tests Blockchain for Tracking Investment Transactions
State Street is working on a new blockchain project aimed at cataloging transactions tied to investment assets. The Boston-based investment services firm is partnering with California-based blockchain startup PeerNova on the project. The prototype ... (Sep 20, 2016, CoinDesk)
Bank of England Says No to Blockchain Tech
A blockchain revolution to simplify stock and bond settlement won't happen anytime soon, though change to today's “cat's cradle” of costly intermediaries is unstoppable, a senior Bank of England official said on Tuesday. Andrew Hauser, executive ... (Sep 20, 2016, Fortune)
JPMorgan Seeks Faster Settlement Times in Blockchain Trials
In spite of massive investment in financial technology, JPMorgan Chase still has a long way to go to meet its blockchain objectives. Abhijit Gupta, multinational bank's head of science and technology in the Asia Pacific, told Chinese news service Sina ... (Sep 20, 2016, CoinDesk)
Bitcoin Is for Winners: Simon Denny's Crash Course on Cryptocurrency
At the opening for Simon Denny's latest show at Petzel Gallery, "Blockchain Future States," a colleague and I stood in front of a vitrine devoted to the tangled origin story of Bitcoin. My colleague read the first few lines of text UV-printed onto it ... (Sep 20, 2016, Village Voice)