MENU

Cryptocurrencies
Category

1337

Decentralizing IoT networks through blockchain

By Ben Dickson for Techcrunch

magine a washer that autonomously contacts suppliers and places orders when it’s low on detergent, performs self-service and maintenance, downloads new washing programs from outside sources, schedules its cycles to take advantage of electricity prices and negotiates with peer devices to optimize its environment; a connected car, smart enough to find and choose the best deal for parts and services; a manufacturing plant where the machinery knows when to order repairs for some of its parts without the need of human intervention. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 29, 2016

Brexit And The Rebirth Of Bitcoin

By Thom Lachenmann with Parke Shall

We have to admit that we didn’t take Bitcoin seriously when it first hit the scene. Like many investors, we simply didn’t understand it, nor did we understand what the appeal would be of a type of currency that was not regulated and not widely accepted. Here we are, eight years later, and Bitcoin is having arguably the most shining moment in its history as it is actually being used as somewhat of a safe haven by both Chinese investors looking to exit local currencies and investors that are looking to avoid the volatility of the Pound, post-United Kingdom exiting the European Union. (more…)

Blockchain, Cryptocurrencies

June 27, 2016

Bitcoin Loses 25% in Five Days as Brexit Odds Fall, Ether Sinks

By Justina Lee for Bloomberg

Bitcoin plunged for a fifth day as concern Britain will vote to leave the European Union waned and a hack suffered by another cryptocurrency undermined confidence in such digital assets. (more…)

Blockchain, Cryptocurrencies

June 23, 2016

1052

PayPal is warming up to bitcoin

By Ian Kar for Quartz

PayPal is slowly dipping its toes in the bitcoin waters. (more…)

Blockchain, Cryptocurrencies, Fintech news

June 23, 2016

1104

Cryptocurrency faces political fight to clean up $53 million theft

By Russel Brandom for the Verge

On Friday morning, one of the central institutions in the Ethereum cryptocurrency was hit with a $53 million theft. Thieves had targeted the smart contract system used by a collective investment bank called the DAO, draining out $53 million in Ethereum coins in a matter of hours.

(more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 21, 2016

Australian ‘bitcoin founder’ quietly bidding for patent empire

By Byron Kaye for Reuters

Craig Wright, the Australian who claimed to be the inventor of bitcoin, is attempting to build a large patent portfolio around the digital currency and technology underpinning it, according to associates of his and documents reviewed by Reuters. (more…)

Banks, Blockchain, Cryptocurrencies

June 21, 2016

839

New Initiative Aims To Eliminate Corruption With Blockchain Technology

By Laura Shin for Forbes

The potential for the technology behind Bitcoin, commonly called blockchain, to transform financial services is becoming somewhat well-known. However, fewer people are aware that the technology could also transform governance to make it more transparent. (more…)

Blockchain, Cryptocurrencies, Global trends, Hotnews

June 21, 2016

907

What Are the Use Cases for Private Blockchains? The Experts Weigh In

By Justn O’Connel for Bitcoinmagazine

Many people argue that private blockchains, run by private firms, are useless, since they make users dependent upon a third party ‒ the firm managing the blockchain. Many believe that private blockchains currently being considered are not blockchains, but rather, distributed ledger technology which has already existed. (more…)

Blockchain, Cryptocurrencies, Global trends

June 21, 2016

814

Deals: Singapore Bitcoin Exchange Quoine Raises $20m; Moves to Tokyo

Bitcoin companies are seeing significant interest from investors all over the world. Quoine, a Singapore Bitcoin exchange, has recently raised US$20m in VC funding. This is quite a step up from the company’s previous investment round, which was worth ‘only” US$2m. (more…)

Blockchain, Cryptocurrencies, Deals

June 21, 2016

1458

Take a closer look at Blockchain technology (Infographic)

By Jeremy Drane, Director, FinTech, PwC

There’s been a lot of noise recently about bitcoin, blockchain, and cryptocurrency. Some of it is hype, but some of it points to important forces in the financial services industry. So what does it all mean? (more…)

Blockchain, Cryptocurrencies, Hotnews

June 21, 2016

What Blockchain Is and What It Can Do

By WSJ

Digital Asset CEO Blythe Masters on how the technology works in transactions (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 21, 2016

What the Attack on the DAO Means for Banks

By Brian Patrick Eha and Tanaya Macheel for The American Banker 

Changing the rules in the middle of the game. Rescuing the investors who took big risks at the expense of those who behaved prudently. Undermining the credibility of the system. (more…)

Blockchain, Cryptocurrencies, Global trends

June 19, 2016

845

Ethereum Might Betray the Blockchain to Recover From a $56M Hack

By Motherboard

Bitcoin rival Ethereum, which has been called the ‘World Computer’ because of its dual function as a currency and a coding platform, is thought by many to be the next evolution in digital financial systems. The system has grown quickly, and gained millions of dollars in support from its users. But on Friday, the system faced its first major challenge in the form of an attack that siphoned away more than $56 million USD of users’ money (as of this writing) from one of its biggest projects to date, after hackers managed to exploit a loophole in its code. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 19, 2016

685

A $79 million cryptocurrency heist just happened, and it’s threatening the future of blockchains

By Joon Yan Wong for Quartz.com

The Decentralized Autonomous Organization (DAO) is a radical experiment in crowdsourced investing, and it raised over $150 million in ether, a cryptocurrency that’s starting to rival bitcoin. The funds were stored at an address on the ethereum blockchain (the protocol underpinning ether) where they would sit until members of the DAO decided how they wanted to spend these funds, by collectively voting on proposals put before them. (more…)

Blockchain, Cryptocurrencies

June 19, 2016

799

How an experimental cryptocurrency lost (and found) $53 million

 

By Russel Brandom for the Verge

This morning, users of the Ethereum cryptocurrency woke up to some very alarming news. Someone was trying out a new attack on one of the currency’s biggest and richest institutions, the Decentralized Autonomous Organization or DAO. The DAO holds immense cash reserves, and someone had figured out a way to drain out $53 million. (more…)

Blockchain, Cryptocurrencies, Global trends

June 19, 2016

What Venture Capitalists Look For In A Blockchain Startup

By Jonathan Chester for Forbes

With over $1b invested in bitcoin firms and much more within the general blockchain ecosystem, many entrepreneurs, from experienced to aspiring and anywhere in between are looking at this technology and saying “How can I use this?” (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 17, 2016

The Beauty Of The Blockchain

By Perianne Boring for Forbes

This post marks the launch of my new blog on Forbes, The Beauty of the Blockchain. I (more…)

Blockchain, Cryptocurrencies, Deals, Fintech news

June 17, 2016

1245

Fund Based on Digital Currency Ethereum to Wind Down After Alleged Hack

By Paul Vigna for WSJ

A futuristic experiment appears to have fallen prey to a common technological risk, as operators of a new investment fund based on a digital currency said they had suffered a catastrophic hack. (more…)

Blockchain, Cryptocurrencies, Fintech news

June 17, 2016

869

Here’s How IBM Is Planning to Use Its Own Blockchain Software

By Klint Finley for Wired

BITCOIN MAY STILL bring to mind images of clandestine drug markets and anarchist hackers bent on liberating finance from financial companies. But some of the world’s largest corporations are embracing the technology behind the cryptocurrency. (more…)

Blockchain, Cryptocurrencies

June 17, 2016

787

How blockchain technology can prevent the next financial crisis, disrupt Uber, and give us control of our data

By Ian Karr for QZ.com

You’ve probably heard about “the blockchain” recently. A lot. The technology underpinning bitcoin has attracted billions in venture capital funding, the interest of almost every global bank, and the attention of governments around the world. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 16, 2016

978

The blockchain could give a big boost to local economies

By Pauline Bock for Wired

Widespread use of blockchain technology could help local economies stay local and support small and medium-sized businesses, according to Colu CEO Amos Meiri (more…)

Blockchain, Cryptocurrencies, Global trends, Hotnews

June 16, 2016

950

MIT’s Brian Forde: “Companies Will Be Disrupted the Most by Public Blockchains”

By Giulio Prisco for the bitcon Magazine

The Exponential Finance 2016 conference, organized by Singularity University and CNBC, was held in New York on June 7 and 8. Once again, distributed ledger technology and applications were extensively featured, with MIT Media Lab director Brian Forde giving attendees a glimpse of current initiatives. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 16, 2016

1011

Microsoft planning blockchain-as-a-service for Azure apps

By Lain Thomson for the Register 

Microsoft might not be keen on Bitcoin, but it’s cock-a-hoop about the backend blockchain the currency uses and has given the first details of Project Bletchley, a plan to add the tech into Azure services via some new middleware. (more…)

Blockchain, Cryptocurrencies

June 16, 2016

913

India Witness Boom in Bitcoin And Fintech Investments

By BTC
Over 180 Fintech startups were analyzed to create this report, most of whom seem to focus on the payment sector in general.

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 14, 2016

753

Ethereum Hits $1.5 Billion Market Cap amid Bitcoin Surge

By BTC

It is positive to see multiple cryptocurrencies faring well at the same time. Bitcoin and Ethereum are not competing with each other by any means, and they can peacefully co-exist.

(more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 14, 2016

807

Australian bitcoin exchanges announce Ethereum support

By Gola Yashu for Bitcoin News

Two of Australia’s leading bitcoin exchanges, CoinTree and CoinLoft, have announced this week new services allowing users to purchase a variety of altcoins including ether.

(more…)

Blockchain, Cryptocurrencies, Deals, Fintech news, Government activities

June 14, 2016

Bitcoin Surges to Two-Year High as Supply Seen Shrinking in July

By Justina Lee for Bloomberg

Bitcoin surged to a two-year high amid expectations supply of the digital currency will shrink next month. (more…)

Blockchain, Cryptocurrencies, Fintech news

June 14, 2016

Union Square Venture’s Fred Wilson Calls Out Banks for Ignoring Bitcoin

Fred Wilson of Union Square Ventures has little doubt about his bets on bitcoin.

In fact, the legendary investor called out the world’s major banks today for eschewing the first digital currency atCB Insight‘s “The Future of Fintech” conference in New York. On a panel interview with Nathaniel Popper of The New York Times, Wilson made it clear that he believes banks are missing the most important opportunity presented by bitcoin as they build private blockchains, locked inside their own servers. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 10, 2016

1219

Bitcoin and the Blockchain Take the Stage for International Summit of Central Banks at the Federal Reserve

By Jessie Willms for the Bitcoin Magazine

When Satoshi Nakamoto released the Bitcoin white paper in 2008, little did Bitcoin’s creator know that less than 10 years later, Federal Reserve Chair Janet Yellen would be encouraging central banks around the world to take a closer look at the benefits of Bitcoin and blockchain technology to improve the world’s financial systems. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 10, 2016