Bitcoin Latest News
Posted on 31 July 2015 | 3:10 pm
Posted on 31 July 2015 | 11:50 am
This week's media coverage, though interrupted by the launch of Ethereum's decentralised app network, largely scrutinised bitcoin's reputation.
Posted on 31 July 2015 | 11:41 am
Zone Startups India, BitStreet and Block Chain University are hosting India’s first bitcoin hackathon at the Bombay Stock Exchange in India named “HackCoin Mumbai.” The hackathon will be joined by over a hundred developers looking to build blockchain-based applications for payments, big data and digital experience. “There are three problem statements – one for each theme,” explained Ajay Ramasubramanian, project head of Zone Startups India. “There are possibilities for the winning outputs to be rolled out into full-scale projects.” The hackathon is sponsored by Microsoft, IBM and Citruspay, and the executives of these companies will participate in the event as mentors and panelists. “What we are really excited about is not only that we are the first fintech hackathon in […]
The post HackCoin: Bitcoin Hackathon in India Sponsored by Microsoft, IBM and Citruspay appeared first on Bitcoin Magazine.
Posted on 31 July 2015 | 11:20 am
Writing on CIO Journal, a Wall Street Journal blog for corporate technology executives, Owen Jelf and Sigrid Seibold , respectively global managing director of Accenture’s capital markets practice and managing director of Accenture’s digital capital markets efforts, weigh in on the fashionable debate about the blockchain as a system vs. bitcoin as a currency. Not surprisingly, the two Accenture writers propose to do without bitcoin as a currency, but they are bullish about the potential of the blockchain in financial markets. “Blockchains present an enormous opportunity for the world’s banks and financial institutions, which have moved quickly to make investments in it,” they say. Accenture, a Fortune Global 500 company, is the world’s largest consulting firm as measured by revenues […]
The post Accenture Executives Propose Replacing Bitcoin with a Closed Blockchain appeared first on Bitcoin Magazine.
Posted on 31 July 2015 | 10:48 am
One of the strengths of Ethereum is its decentralized nature, giving it a wider, more stable base. There are Ethereum project teams in different parts of the world, including Amsterdam, Berlin, Switzerland and Brazil. (For example, Geth was deployed by the Amsterdam team while Eth was produced by the Berlin team.) If there is a center to Ethereum, it would be in the beautiful town of Zug, Switzerland, home of the Ethereum Foundation that overseas the project’s finances, manages the funds raised in the Ether sale and determines the long-term vision and direction of Ethereum. Stephan Tual, chief communications officer for the Ethereum project, told Bitcoin Magazine that the new executive director and board members represent a fresh start, a […]
The post New Ethereum Foundation Executive Director and Board Members Signal a Reboot for Ethereum appeared first on Bitcoin Magazine.
Posted on 31 July 2015 | 10:37 am
Deutsche Bank is exploring the use of the blockchain for a variety of potential applications, according to a recent letter from the German megabank.
Posted on 31 July 2015 | 10:07 am
Canadian Senator Cautions on BitcoinnewsBTC
In a personal blog post titled Bitcoin
: Madness or Innovation?, Canadian Senator Celine Hervieux-Payette has advised a cautionary approach to Bitcoin
as it is prone to frauds and other illegal uses. The Senator, who is the Deputy Chair of Banking ...
Posted on 31 July 2015 | 8:30 am
Posted on 31 July 2015 | 8:27 am
Microsoft's Bing Launches Bitcoin Rewards SweepstakesCoinDesk
A new partnership between Bing Rewards and Tango Card will let users of the search engine redeem reward points for the ability to win $500 in bitcoin
. Bing Rewards awards credits to search engine users that can be redeemed for gift cards and other ...
Posted on 31 July 2015 | 8:27 am
A new partnership between Bing Rewards and startup Tango Card will let users of the search engine receive rewards in bitcoin.
Posted on 31 July 2015 | 8:20 am
Posted on 31 July 2015 | 6:13 am
A company near San Fransisco has come up with a novel way to deliver bitcoin-purchased marijuana, via drone.
Posted on 31 July 2015 | 3:49 am
Posted on 31 July 2015 | 2:48 am
The Tokyo Metropolitan Police is reportedly pursuing fraud charges against Mt Gox CEO Mark Karpeles.
Posted on 30 July 2015 | 2:08 pm
A new report from Kaspersky Lab shows that developers continue to target users with malware geared toward illicitly generating or stealing bitcoins.
Posted on 30 July 2015 | 12:51 pm
The National Science Foundation has awarded research grants on the science and applications of crypto-currency, with approximately $1 million awarded to date. The NSF initiative is part of the “Secure and Trustworthy Cyberspace” program for cybersecurity research and development to minimize the dangers of cyber technology, promote education and training in cybersecurity, establish a science of cybersecurity and convert promising cybersecurity research into practice. The NSF grant has been awarded to Emin Sirer at Cornell University (grant information here), Elaine Shi, Michael Hicks, Jonathan Katz and David Van Horn at the University of Maryland (grant information here), and Dawn Song at the University of California-Berkeley (grant information here). Emin Sirer, an associate professor of computer science at Cornell University, researches […]
The post National Science Foundation Awards Research Grants on the Science and Applications of Cryptocurrency appeared first on Bitcoin Magazine.
Posted on 30 July 2015 | 11:49 am
This is a guest post by Eugene Illovsky, a partner at Morrison & Foerster in Palo Alto. He advises on corporate compliance and represents companies in their interactions with government investigatory, enforcement, and prosecutorial authorities. What compliance expectations does the Department of Justice have for businesses entering the virtual currency space? How can a company meet those expectations to stay out of trouble with DOJ, or at least mitigate the effects of any criminal inquiry on it as well as its executives, employees and investors? A recent speech by the Criminal Division head, Assistant Attorney General Leslie Caldwell, provides critical guidance on DOJ’s “approach to the emerging virtual currency landscape” and expands on its view that “compliance and cooperation from exchanges, […]
The post Five Recommendations for Bitcoin Companies to Ensure Compliance with the Department of Justice appeared first on Bitcoin Magazine.
Posted on 30 July 2015 | 11:38 am
Long one of the most ambitious projects in the industry, decentralized application platform Ethereum is set to open to the public tonight.
Posted on 30 July 2015 | 9:44 am
The founder of Australia-based bitcoin exchange igot has refuted claims that his business is a scam.
Posted on 30 July 2015 | 5:47 am
Bitcoin Press Release: US Based HashingSpace Corporation Announced it has been uplifted to a higher reporting status on the OTC Market. HashingSpace will now be listed as OTCQB: HSHS. HashingSpace provides scalable datacenter and technology infrastructure for the global adoption of Bitcoin including Bitcoin ATMs and hosted ASIC mining. WENATCHEE, WA / July 29, 2015 / HashingSpace Corporation (OTCQB: HSHS), a company focused on the global adoption of Bitcoin, announced today that it has officially been uplifted to a higher reporting status. HashingSpace will no longer be listed on the Pink Sheets and has been moved to OTCQB status. HashingSpace Corporation submitted all the mandatory documents and has successfully met all of the initial requirements to receive this upgrade. The […]
The post Leading Global Bitcoin Adoption, HashingSpace Corporation Uplifts to the OTCQB appeared first on Bitcoin Magazine.
Posted on 29 July 2015 | 4:21 pm
Bitcoin Press Release: Over 2 years old, CryptoBullion is pleased to announce an unprecedented Proof-of-Stake-Participation algorithm and expansion into emerging Chinese markets. Designed to be rare and valuable, less than 1 million CBX are in circulation, with a variable annual interest rate of over 2% for stakers. FLORIDA, USA / July 29, 2015 / CryptoBullion (CBX), launched in June of 2013, is an exclusive cryptocurrency with less than 1-million units in circulation (21 times more rare than Bitcoin). CBX has successfully completed its distribution phase and has reached the planned stage where its money supply grows by 2% per year. This economically sound annual increase mirrors the supply fundamentals of precious metals, positioning CBX as the “platinum” alternative to Bitcoin’s […]
The post Over 2 Years Old Valuable Bitcoin Alternative CryptoBullion (CBX) Announces Unprecedented PoSP Algorithm and Expansion Into Chinese Markets appeared first on Bitcoin Magazine.
Posted on 29 July 2015 | 4:19 pm
US presidential candidate Rick Perry has stated he supports "regulatory breathing room" for digital currencies such as bitcoin.
Posted on 29 July 2015 | 1:53 pm
Blockchain startup Ripple Labs has added a former US Treasury Department official to its board of advisors.
Posted on 29 July 2015 | 12:19 pm
A new survey has found that consumers believe bitcoin to be more inconvenient to use than traditional payment methods.
Posted on 29 July 2015 | 12:05 pm
Three US universities are set to conduct research on cryptocurrencies using roughly $3m in grant funding from the National Science Foundation.
Posted on 29 July 2015 | 10:55 am
It wasn’t just regular consumers who were able to benefit from the much-anticipated Amazon Prime Day. Purse.io, the escrow service that connects users with bitcoin to users with Amazon gift cards, saw a significant amount of growth leading up to the big day. “We had the highest number of new users in a single week,” Andrew Lee, CEO of Purse, said in an interview with Bitcoin Magazine. There were a total of 2,145 new users during the week. However, the people weren’t just signing up and then forgetting about the website. Instead, they were actively participating on the site, purchasing goods. What surprised the team, though, was that it wasn’t just prime purchases that people were making. “There was a […]
The post Purse.io Sees Record New Users and $24,000 in Purchases on Amazon Prime Day appeared first on Bitcoin Magazine.
Posted on 29 July 2015 | 10:12 am
As Bitcoin usage grows worldwide and attracts the attention of more governments and regulators, the complexities of ensuring compliance across different jurisdictions become greater and greater. Many quickly growing Bitcoin startups struggle with this issue and lack the knowledge base to ensure that compliance is sufficient. Taking it a step further, even if local regulations in an area are relatively lax, operating a financial services business without a bank account can prove tremendously difficult. And due to the fact that Bitcoin businesses are considered high risk and banks operate very conservatively, obtaining a local banking partner can be very difficult. “If we look at what’s going on the U.K., the country is very laissez-faire with regulation, but the banks won’t […]
The post Bitcoin’s Largest Publicly Traded Company Bridges Gaps to the Banking Industry appeared first on Bitcoin Magazine.
Posted on 29 July 2015 | 10:08 am
Russia's media watchdog has told Zuckerberg Pozvonit, a local tech news site, it must delete or edit a bitcoin-related article.
Posted on 29 July 2015 | 4:56 am
American Banker's Digital Currencies + the Blockchain featured speakers from across the blockchain and finance sectors.
Posted on 28 July 2015 | 4:00 pm
Former New York State Department of Financial Services (NYDFS) superintendent Benjamin M Lawsky has said he won't advise on the BitLicense.
Posted on 28 July 2015 | 1:14 pm
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The topic of how blockchain technology can be used to support social good was discussed at an event hosted by Microsoft last night.
Posted on 28 July 2015 | 9:32 am
A new service, CoinTape, is offering bitcoin users an answer to the burning question: what is the optimum transaction fee?
Posted on 28 July 2015 | 5:16 am
Two Accenture directors have published a new article suggesting that blockchains must operate without bitcoin to be used by major financial firms.
Posted on 27 July 2015 | 2:45 pm
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