Crypto Blog

Blockchain startup LO3 Energy has scored a partnership with the European Power Exchange, known as EPEX SPOT, to link local electric microgrids to broader wholesale markets The two organizations said Tuesday that they signed a memorandum of understanding committing themselves to finding ways to connect local...

Blockchain Startup LO3 Partners With Power Exchange

Blockchain startup LO3 Energy has scored a partnership with the European Power Exchange, known as EPEX SPOT, to link local electric microgrids to broader wholesale markets The two organizations said Tuesday that they signed a memorandum of understanding committing themselves to finding ways to connect local...

Bitcoin bulls look set to push prices as high as $20,000 over the next few days, according to the price chart analysis. As expected, solid dip demand around $14,000 levels seen over the weekend fueled the move to fresh record highs above $17,000 yesterday. As of...

No Stopping? After New High, Bitcoin Price Eyes $20k

Bitcoin bulls look set to push prices as high as $20,000 over the next few days, according to the price chart analysis. As expected, solid dip demand around $14,000 levels seen over the weekend fueled the move to fresh record highs above $17,000 yesterday. As of...

The price of bitcoin has pushed back above $17,000, hitting a new all-time high on CoinDesk’s Bitcoin Price Index (BPI). As of press time, the BPI had climbed as high as $17,382.64, beating the $17,364.56 reported previously on Dec. 7. As previously reported, that day...

Bitcoin Price Back Above $17k to Set New All-Time High

The price of bitcoin has pushed back above $17,000, hitting a new all-time high on CoinDesk’s Bitcoin Price Index (BPI). As of press time, the BPI had climbed as high as $17,382.64, beating the $17,364.56 reported previously on Dec. 7. As previously reported, that day...

The head of the Securities and Exchange Commission’s investment management office said the agency is weighing questions related to newly-registered funds that plan to hold cryptocurrencies. Speaking at the ICI Securities Law Developments Conference in Washington, D.C., on Thursday, Division of Investment Management director...

SEC Official: Cryptocurrency Investment Funds Raise Questions

The head of the Securities and Exchange Commission’s investment management office said the agency is weighing questions related to newly-registered funds that plan to hold cryptocurrencies. Speaking at the ICI Securities Law Developments Conference in Washington, D.C., on Thursday, Division of Investment Management director...

“What is bitcoin? Can I buy, like, pizza with it?” Asked by sports blogger Dave Portnoy in his inaugural video as a bitcoin investor, the comment cuts to the core of a truism about the network: while it’s been billed as a “digital currency,” it’s actually...

Lightning: The Bitcoin Scaling Tech You Really Should Know

“What is bitcoin? Can I buy, like, pizza with it?” Asked by sports blogger Dave Portnoy in his inaugural video as a bitcoin investor, the comment cuts to the core of a truism about the network: while it’s been billed as a “digital currency,” it’s actually...

Bitcoin cash (BCH) is well bid today, but a close look at the numbers indicates the positive move could be deceptive. Prices dropped for the third straight day yesterday, signaling a transient victory for the bears in the ongoing tug of war with the bulls. Looking...

Bull Trap? Bitcoin Cash Price Is Up, But Gains May Be Short-Lived

Bitcoin cash (BCH) is well bid today, but a close look at the numbers indicates the positive move could be deceptive. Prices dropped for the third straight day yesterday, signaling a transient victory for the bears in the ongoing tug of war with the bulls. Looking...

The financial press has been in aflutter over the launch of bitcoin futures trading on not one but two reputable, regulated and liquid exchanges: CME and CBOE. CME Group, the largest derivatives exchange in the world, as well as one of the oldest, will...

The Threat of Bitcoin Futures

The financial press has been in aflutter over the launch of bitcoin futures trading on not one but two reputable, regulated and liquid exchanges: CME and CBOE. CME Group, the largest derivatives exchange in the world, as well as one of the oldest, will...

The world’s largest bitcoin exchanges by trade volume are reporting significantly varying prices as the cryptocurrency’s price soars to new all-time highs, market data shows. In some cases, the differences amount to more than $2,000 in value, particularly among some of the most voluminous...

As Bitcoin Soars, Prices Diverge Wildly Across Exchanges

The world’s largest bitcoin exchanges by trade volume are reporting significantly varying prices as the cryptocurrency’s price soars to new all-time highs, market data shows. In some cases, the differences amount to more than $2,000 in value, particularly among some of the most voluminous...

The former chairman of the U.S. Federal Reserve, Alan Greenspan, has joined the many financial luminaries to recently criticize bitcoin’s value. Speaking to CNBC, Greenspan compared bitcoin to that of an early American form of money called “Continental currency” that came into use in 1775 and had...

Alan Greenspan Likens ‘Irrational’ Bitcoin to Civil War Currency

The former chairman of the U.S. Federal Reserve, Alan Greenspan, has joined the many financial luminaries to recently criticize bitcoin’s value. Speaking to CNBC, Greenspan compared bitcoin to that of an early American form of money called “Continental currency” that came into use in 1775 and had...

Bitcoin’s recent – and eye-popping – price movements above $12,000 have some observers saying the market is in bubble territory. While he’s not ruling it out entirely, Naval Ravikant, the co-founder of AngelList, holds a less alarmist view. “Money is a bubble that never pops,”...

AngelList’s Naval Ravikant: Bitcoin Solves ‘Money Problems’

Bitcoin’s recent – and eye-popping – price movements above $12,000 have some observers saying the market is in bubble territory. While he’s not ruling it out entirely, Naval Ravikant, the co-founder of AngelList, holds a less alarmist view. “Money is a bubble that never pops,”...

Bitcoin’s long wait for the Lightning Network is almost over. Announced today, the startups behind the three most active Lightning implementations have revealed test results, including live transactions, proving their software is now interoperable. The findings, released by ACINQ, Blockstream and Lightning Labs, effectively bring...

Lightning at Last? Test Shows Bitcoin Scaling Solution Almost Ready

Bitcoin’s long wait for the Lightning Network is almost over. Announced today, the startups behind the three most active Lightning implementations have revealed test results, including live transactions, proving their software is now interoperable. The findings, released by ACINQ, Blockstream and Lightning Labs, effectively bring...

The price of bitcoin has risen above $12,000 for the first time. According to CoinDesk’s Bitcoin Price Index (BPI), the price of the world’s largest cryptocurrency by market capitalization is trading at $12,201.67 at press time. This represents a gain of just over $500...

$12,000 and Rising: Bitcoin’s Price Hits New All-Time High

The price of bitcoin has risen above $12,000 for the first time. According to CoinDesk’s Bitcoin Price Index (BPI), the price of the world’s largest cryptocurrency by market capitalization is trading at $12,201.67 at press time. This represents a gain of just over $500...

A Missouri lawmaker wants to prevent blockchain from being used to track firearms – in most cases, that is. State Representative Nicholas Schroer (R-107), public records show, introduced a bill that would make it illegal to use a distributed ledger and other types of decentralized...

A Missouri Lawmaker Wants to Ban Blockchain Gun Tracking

A Missouri lawmaker wants to prevent blockchain from being used to track firearms – in most cases, that is. State Representative Nicholas Schroer (R-107), public records show, introduced a bill that would make it illegal to use a distributed ledger and other types of decentralized...

For bitcoin traders, all eyes should be on Dec. 10 and Dec. 18. That’s when former self-styled bitcoin whales will be swallowed up like plankton as the CBOE and CME Group launch bitcoin futures contracts for the first time in history. Over the next few days,...

Bitcoin Futures: Make Way for a New Kind of Whale

For bitcoin traders, all eyes should be on Dec. 10 and Dec. 18. That’s when former self-styled bitcoin whales will be swallowed up like plankton as the CBOE and CME Group launch bitcoin futures contracts for the first time in history. Over the next few days,...

Bitfinex has hired the law firm of Steptoe & Johnson and is threatening legal action against a pseudonymous blogger and others who it says have made false claims about the bitcoin exchange. In a statement, Bitfinex said it hired Steptoe to respond to such...

Bitfinex Hires Law Firm to Challenge Critics

Bitfinex has hired the law firm of Steptoe & Johnson and is threatening legal action against a pseudonymous blogger and others who it says have made false claims about the bitcoin exchange. In a statement, Bitfinex said it hired Steptoe to respond to such...

The Chicago Board Options Exchange (CBOE) has announced that its planned bitcoin futures product will begin trading on Dec. 10. In a statement published today, the firm said that trading would commence at 5 p.m. CT, with the first full day of trading starting that Monday. Trading...

CBOE to Begin Bitcoin Futures Trading on December 10

The Chicago Board Options Exchange (CBOE) has announced that its planned bitcoin futures product will begin trading on Dec. 10. In a statement published today, the firm said that trading would commence at 5 p.m. CT, with the first full day of trading starting that Monday. Trading...

The developer who created core technology that has helped launch thousands of initial coin offerings (ICOs) isn’t all that impressed with the fruits of his creation. Looking ahead to 2018, Fabian Vogelsteller is interested in taking the model he pioneered with ethereum’s ERC-20 token standard,...

Forget Token Sales? The Father of the ICO Is All About Identity Now

The developer who created core technology that has helped launch thousands of initial coin offerings (ICOs) isn’t all that impressed with the fruits of his creation. Looking ahead to 2018, Fabian Vogelsteller is interested in taking the model he pioneered with ethereum’s ERC-20 token standard,...

If you have spent any time in the cryptocurrency sector, or looking into initial coin offerings (ICOs), you know that the process revolves around “the white paper.” This is a document that lays out facts about the blockchain, protocol, or distributed application (dapp) that...

Scrap the White Paper: How to Evaluate Tokens and Blockchains

If you have spent any time in the cryptocurrency sector, or looking into initial coin offerings (ICOs), you know that the process revolves around “the white paper.” This is a document that lays out facts about the blockchain, protocol, or distributed application (dapp) that...

One of the developers behind the Drivechain project for bringing sidechains to bitcoin is seeking feedback on the project’s code as well as two improvement proposals related to the tech. In a message on the bitcoin development email thread, Paul Sztorc posted links for two proposedBitcoin Improvement Protocols (BIPs),...

Sidechains Project Pushes Ahead with Bitcoin BIP Submission

One of the developers behind the Drivechain project for bringing sidechains to bitcoin is seeking feedback on the project’s code as well as two improvement proposals related to the tech. In a message on the bitcoin development email thread, Paul Sztorc posted links for two proposedBitcoin Improvement Protocols (BIPs),...

The wait is over for regulated bitcoin futures contracts (at least in the U.S.), and markets are reacting strongly to the news. As per CoinMarketCap, bitcoin (BTC) moved above $10,500 after the news this morning that the U.S. Commodity Futures Trading Commission (CFCT) had approved...

Bitcoin Price Above $10,500 on US Futures Listings

The wait is over for regulated bitcoin futures contracts (at least in the U.S.), and markets are reacting strongly to the news. As per CoinMarketCap, bitcoin (BTC) moved above $10,500 after the news this morning that the U.S. Commodity Futures Trading Commission (CFCT) had approved...

U.S. financial firms CME Group, CBOE and Cantor Fitzgerald revealed today they will list financial products offering exposure to cryptocurrencies starting December 18. First unveiled in an announcement by the U.S. Commodity Futures Trading Commission (CFTC), the regulator said all three companies will pursue a self-certified initial listing,...

US Regulator Clears CME, CBOE to Begin Bitcoin Futures Trading

U.S. financial firms CME Group, CBOE and Cantor Fitzgerald revealed today they will list financial products offering exposure to cryptocurrencies starting December 18. First unveiled in an announcement by the U.S. Commodity Futures Trading Commission (CFTC), the regulator said all three companies will pursue a self-certified initial listing,...

After months of radio silence, Bitfinex, the world’s largest cryptocurrency exchange, and Tether, the issuer of a dollar-pegged cryptocurrency, are responding to accusations of mismanagement. In a statement emailed late Thursday to reporters, Ronn Torossian, a newly hired outside spokesman for both companies, blamed...

Bitfinex and Tether Break Silence, Go on Media Offensive

After months of radio silence, Bitfinex, the world’s largest cryptocurrency exchange, and Tether, the issuer of a dollar-pegged cryptocurrency, are responding to accusations of mismanagement. In a statement emailed late Thursday to reporters, Ronn Torossian, a newly hired outside spokesman for both companies, blamed...

Dash is shedding gains at press time, but looks set to defend $600 levels. As per CoinMarketCap, the world’s fifth largest cryptocurrency by market capitalization is trading at roughly $685 – down 9.3 percent on the day – after rising to an all-time high of...

Down, Not Out? Dash Price Likely to Defend $600

Dash is shedding gains at press time, but looks set to defend $600 levels. As per CoinMarketCap, the world’s fifth largest cryptocurrency by market capitalization is trading at roughly $685 – down 9.3 percent on the day – after rising to an all-time high of...

Nasdaq Inc. and broker Cantor Fitzgerald are both eyeing cryptocurrency as a key part of their respective businesses, come 2018. As the price of bitcoin surged past $11,000 on Wednesday, details emerged about how each company looked to cash in on the crypto craze. Nasdaq...

Nasdaq and Cantor Fitzgerald have bitcoin plans in place for 2018

Nasdaq Inc. and broker Cantor Fitzgerald are both eyeing cryptocurrency as a key part of their respective businesses, come 2018. As the price of bitcoin surged past $11,000 on Wednesday, details emerged about how each company looked to cash in on the crypto craze. Nasdaq...

Bitcoin may be starting to show signs of bull market exhaustion. As per CoinDesk’s Bitcoin Price Index (BPI), bitcoin (BTC) rose to a new all-time high of $10,831.75 at 05:35 UTC, having first moved above $10,000 in Asian trading hours. As of writing, BTC is at $10,900. The meteoric...

Overstretched? Bitcoin Price on Shaky Ground After 1,000% Gains

Bitcoin may be starting to show signs of bull market exhaustion. As per CoinDesk’s Bitcoin Price Index (BPI), bitcoin (BTC) rose to a new all-time high of $10,831.75 at 05:35 UTC, having first moved above $10,000 in Asian trading hours. As of writing, BTC is at $10,900. The meteoric...

After a day of tepid approaches toward the total, the price of bitcoin rose above $10,000 on CoinDesk’s Bitcoin Price Index (BPI) for the first time in history today. Having scaled to $9,000 this weekend, the world’s largest cryptocurrency by market capitalization hit a new high...

It’s Official: Bitcoin’s Price Makes History Passing $10k

After a day of tepid approaches toward the total, the price of bitcoin rose above $10,000 on CoinDesk’s Bitcoin Price Index (BPI) for the first time in history today. Having scaled to $9,000 this weekend, the world’s largest cryptocurrency by market capitalization hit a new high...

“I think it’s very important to make a distinction between a bubble and a fraud.” So says Glenn Hutchins, the co-founder of private equity firm Silver Lake and one of the panelists this morning during CoinDesk’s Consensus: Invest event. Appearing alongside Galaxy Investment Partners...

Early Bitcoin Buyers Talk Bubbles and Origin Stories at Consensus: Invest

“I think it’s very important to make a distinction between a bubble and a fraud.” So says Glenn Hutchins, the co-founder of private equity firm Silver Lake and one of the panelists this morning during CoinDesk’s Consensus: Invest event. Appearing alongside Galaxy Investment Partners...

  This is not “normal.”  Of course, not being normal is part of bitcoin’s appeal. Bitcoin has redefined money and created the hitherto non-existent concept of a scarce digital asset. It’s hard to hold it to the standards of “normal” assets. But as someone who spent...

To the Moon? Time to Grow Up, Bitcoin

  This is not “normal.”  Of course, not being normal is part of bitcoin’s appeal. Bitcoin has redefined money and created the hitherto non-existent concept of a scarce digital asset. It’s hard to hold it to the standards of “normal” assets. But as someone who spent...

“Unfortunately, I don’t have anything interesting, intelligent or even funny to say.” That’s no small statement from Wences Casares, the man often credited with waking up Silicon Valley to the opportunity of cryptocurrency. Indeed, Casares’ loss for words appears to be one shared by...

As Price Eyes $10,000, Bitcoin Faces ‘Mainstream’ Moment

“Unfortunately, I don’t have anything interesting, intelligent or even funny to say.” That’s no small statement from Wences Casares, the man often credited with waking up Silicon Valley to the opportunity of cryptocurrency. Indeed, Casares’ loss for words appears to be one shared by...

Bitcoin’s price “feels speculative,” according to the chief equity strategist for Nuveen Asset Management. Speaking with CNBC today, Nuveen’s Bob Doll made the remark, becoming the latest traditional finance analyst to point to the speculation in the market. Doll’s comments were driven by bitcoin’s surge...

Bitcoin Price Rally Has Been ‘Amazing’ Says Nuveen’s Bob Doll

Bitcoin’s price “feels speculative,” according to the chief equity strategist for Nuveen Asset Management. Speaking with CNBC today, Nuveen’s Bob Doll made the remark, becoming the latest traditional finance analyst to point to the speculation in the market. Doll’s comments were driven by bitcoin’s surge...

Bitcoin’s price “feels speculative,” according to the chief equity strategist for Nuveen Asset Management. Speaking with CNBC today, Nuveen’s Bob Doll made the remark, becoming the latest traditional finance analyst to point to the speculation in the market. Doll’s comments were driven by bitcoin’s surge...

Bitcoin Price Rally Has Been ‘Amazing’ Says Nuveen’s Bob Doll

Bitcoin’s price “feels speculative,” according to the chief equity strategist for Nuveen Asset Management. Speaking with CNBC today, Nuveen’s Bob Doll made the remark, becoming the latest traditional finance analyst to point to the speculation in the market. Doll’s comments were driven by bitcoin’s surge...

Bitcoin’s meteoric gains are continuing unabated, with prices looking like they could pass the psychological milestone of $10,000 today. The world’s largest cryptocurrency by market capitalization clocked a new lifetime high of $9,9731.51 at 09:00 UTC, as per CoinDesk’s Bitcoin Price Index. That came after blowing...

$10,000 Today? Bitcoin Price Primed to Break Psychological Barrier

Bitcoin’s meteoric gains are continuing unabated, with prices looking like they could pass the psychological milestone of $10,000 today. The world’s largest cryptocurrency by market capitalization clocked a new lifetime high of $9,9731.51 at 09:00 UTC, as per CoinDesk’s Bitcoin Price Index. That came after blowing...

It’s unusual for panels to get heated, but that’s just what happened during a discussion on securities law and the Simple Agreement for Future Tokens (SAFT) on Tuesday. Called “Structuring Legally Compliant Token Sales,” the panel took place at the Cardozo School of Law,...

Are Tokens Like Gold? Attorneys Ask Tough Questions on ICOs

It’s unusual for panels to get heated, but that’s just what happened during a discussion on securities law and the Simple Agreement for Future Tokens (SAFT) on Tuesday. Called “Structuring Legally Compliant Token Sales,” the panel took place at the Cardozo School of Law,...

Overstock founder and CEO Patrick Byrne, a longstanding bitcoin supporter, recently appeared on FOX Business’ “Mornings with Maria” to explain why he’s bullish on bitcoin. During the interview, Patrick Byrne notably pointed out that it isn’t about how high bitcoin will go, but about...

Overstock CEO: It’s Time We Switch to Real Money, Either Bitcoin or Gold

Overstock founder and CEO Patrick Byrne, a longstanding bitcoin supporter, recently appeared on FOX Business’ “Mornings with Maria” to explain why he’s bullish on bitcoin. During the interview, Patrick Byrne notably pointed out that it isn’t about how high bitcoin will go, but about...

Bitcoin has witnessed decent two-way business in the last 24 hours. A drop below $8,000 during the Asian day was quickly undone and the world’s largest cryptocurrency by market value once again approached record highs, hitting $8,333 this morning. At press time, bitcoin is...

Holding Strong: Failed Breakdown a Boon for the Bitcoin Bulls?

Bitcoin has witnessed decent two-way business in the last 24 hours. A drop below $8,000 during the Asian day was quickly undone and the world’s largest cryptocurrency by market value once again approached record highs, hitting $8,333 this morning. At press time, bitcoin is...

Raiffeisen Bank International (RBI) has become the first Austrian banking group to join the R3 distributed ledger (DLT) consortium. The bank, which operates a banking network in central and eastern Europe, confirmed its participation in the enterprise-focused DLT project this week, indicating its desire to “exchange...

Austrian Bank Raiffeisen Enlists in R3 Blockchain Consortium

Raiffeisen Bank International (RBI) has become the first Austrian banking group to join the R3 distributed ledger (DLT) consortium. The bank, which operates a banking network in central and eastern Europe, confirmed its participation in the enterprise-focused DLT project this week, indicating its desire to “exchange...

Chief financial officers (CFOs) around the world seem to distrust bitcoin, according to a CNBC survey published Tuesday. CNBC received 43 responses from their Global CFO Council to a survey about their views bitcoin, with 12 of these respondents stating that it was “real but in...

Survey: CFOs Think Bitcoin Is ‘Real’ But Are Divided on Price

Chief financial officers (CFOs) around the world seem to distrust bitcoin, according to a CNBC survey published Tuesday. CNBC received 43 responses from their Global CFO Council to a survey about their views bitcoin, with 12 of these respondents stating that it was “real but in...

It’s possible bitcoin’s Lightning Network will fall short of its lofty ambition – at least, that’s what a group of researchers are arguing. Often trumpeted as the future of bitcoin, Lightning’s particular twist on payments channels has served as one of the foundational ideas for scaling all public...

How Will Bitcoin’s Lightning Network Be Used?

It’s possible bitcoin’s Lightning Network will fall short of its lofty ambition – at least, that’s what a group of researchers are arguing. Often trumpeted as the future of bitcoin, Lightning’s particular twist on payments channels has served as one of the foundational ideas for scaling all public...

A plurality of respondents to a new survey from brokerage firm Triad Securities said they believe bitcoin is in a bubble that’s primed to crash. The survey was conducted earlier this month by New York-based Triad as well as Datatrek Research, garnering responses from...

Survey: Institutional Traders Are Split on Bitcoin’s Price, Wary of ICOs

A plurality of respondents to a new survey from brokerage firm Triad Securities said they believe bitcoin is in a bubble that’s primed to crash. The survey was conducted earlier this month by New York-based Triad as well as Datatrek Research, garnering responses from...

Stakeholders in the burgeoning market for initial coin offerings (ICOs) have reached consensus: the practice of presales needs to be reformed. Originally conceived as a way to bootstrap new tokens by covering their legal and marketing expenses, some ICO issues are now offering crypto-insiders...

Even Investors with Access Want ICO Presale Reform

Stakeholders in the burgeoning market for initial coin offerings (ICOs) have reached consensus: the practice of presales needs to be reformed. Originally conceived as a way to bootstrap new tokens by covering their legal and marketing expenses, some ICO issues are now offering crypto-insiders...

LedgerX just initiated its first long-term bitcoin futures option. Called a Long-Term Equity Anticipation Security (LEAPS), the trade was matched by the platform this morning and is set to expire on December 28, 2018. Under the terms of the deal, the buyer has the...

First Long-Term LedgerX Bitcoin Option Pegs Price at $10,000

LedgerX just initiated its first long-term bitcoin futures option. Called a Long-Term Equity Anticipation Security (LEAPS), the trade was matched by the platform this morning and is set to expire on December 28, 2018. Under the terms of the deal, the buyer has the...

The Internet Archive, the digital library of internet artifacts and webpages, has added new cryptocurrency payment options for supporters wanting to help keep their servers running. In a blog post published Thursday, the non-profit host of the Wayback Machine – a service which takes...

Internet Archive Adds Bitcoin Cash, Zcash to Donation Options

The Internet Archive, the digital library of internet artifacts and webpages, has added new cryptocurrency payment options for supporters wanting to help keep their servers running. In a blog post published Thursday, the non-profit host of the Wayback Machine – a service which takes...

Bitcoin is still looking upwards, having achieved fresh record highs overnight. As per CoinDesk’s Bitcoin Price Index (BPI), the world’s largest cryptocurrency by market capitalization rose to an all-time high of $7,990 at 01:18 UTC. According to CoinMarketCap, the cryptocurrency has gained 4 percent in the last...

Up and Away? Bitcoin Price Eyes $8,000 Or Higher

Bitcoin is still looking upwards, having achieved fresh record highs overnight. As per CoinDesk’s Bitcoin Price Index (BPI), the world’s largest cryptocurrency by market capitalization rose to an all-time high of $7,990 at 01:18 UTC. According to CoinMarketCap, the cryptocurrency has gained 4 percent in the last...

Swiss asset management firm Vontobel will launch a new futures product designed to let customers bet against the price of bitcoin. To be launched on SIX Exchange this Friday, the offering will enable investors to reap gains even if the bitcoin price plunges. According...

Swiss Firms to Let Traders Short Bitcoin With New Futures Products

Swiss asset management firm Vontobel will launch a new futures product designed to let customers bet against the price of bitcoin. To be launched on SIX Exchange this Friday, the offering will enable investors to reap gains even if the bitcoin price plunges. According...

Kik, the first mainstream company to complete an initial coin offering (ICO) on ethereum, is reportedly considering whether it might migrate its token network to a new blockchain. The social messaging platform, which raised $98 million in its token sale earlier this year, first broached the subject...

Kik Might Just Move Its ICO Tokens to a New Blockchain

Kik, the first mainstream company to complete an initial coin offering (ICO) on ethereum, is reportedly considering whether it might migrate its token network to a new blockchain. The social messaging platform, which raised $98 million in its token sale earlier this year, first broached the subject...

Morgan Stanley chairman and CEO James Gorman has said that bitcoin is “punching above its weight,” according to a news report. Speaking to CNBC this morning, however, Gorman further said that the cryptocurrency “doesn’t deserve the attention it’s getting,” arguing: “Something that goes up 700 percent in...

Morgan Stanley CEO: Bitcoin Is ‘By Definition Speculative’

Morgan Stanley chairman and CEO James Gorman has said that bitcoin is “punching above its weight,” according to a news report. Speaking to CNBC this morning, however, Gorman further said that the cryptocurrency “doesn’t deserve the attention it’s getting,” arguing: “Something that goes up 700 percent in...

Bitcoin is maintaining a bid tone today, with prices testing the $7,000 mark. As per the CoinDesk Bitcoin Price Index, the world’s largest cryptocurrency by market capitalization rose to an intraday high of $7,009 at 11:25 UTC. At press time, the bitcoin-U.S. dollar (BTC/USD) exchange...

Turning Tide? Bitcoin Tops $7,000 As Price Pushes Up

Bitcoin is maintaining a bid tone today, with prices testing the $7,000 mark. As per the CoinDesk Bitcoin Price Index, the world’s largest cryptocurrency by market capitalization rose to an intraday high of $7,009 at 11:25 UTC. At press time, the bitcoin-U.S. dollar (BTC/USD) exchange...

A senior official at Russia’s central bank said earlier today that he believes initial coin offerings (ICOs) could drive funding opportunities for startups. According to the state-owned news service TASS, Bank of Russia first deputy chairman Sergei Shvetsov said that the central bank would “support the...

Russian Central Bank Official: ICOs Have ‘Huge Potential’

A senior official at Russia’s central bank said earlier today that he believes initial coin offerings (ICOs) could drive funding opportunities for startups. According to the state-owned news service TASS, Bank of Russia first deputy chairman Sergei Shvetsov said that the central bank would “support the...

A senior official for the government of Hong Kong has said blockchain could bolster China’s ongoing efforts to significantly expand its trade capabilities. According to Chinese news service Caixin, James Lau, Hong Kong’s Secretary for Financial Services and the Treasury, touted the technology during a...

Hong Kong Official Touts Blockchain for China’s ‘Belt and Road’ Plan

A senior official for the government of Hong Kong has said blockchain could bolster China’s ongoing efforts to significantly expand its trade capabilities. According to Chinese news service Caixin, James Lau, Hong Kong’s Secretary for Financial Services and the Treasury, touted the technology during a...

CME Group chairman and CEO Terry Duffy has said that the derivatives exchange operator could list a planned bitcoin futures product as early as next month. The firm made waves in October when it revealed that it was seeking regulatory approval to list its first bitcoin-related...

CME CEO: Bitcoin Futures Could Begin Trading As Soon As December

CME Group chairman and CEO Terry Duffy has said that the derivatives exchange operator could list a planned bitcoin futures product as early as next month. The firm made waves in October when it revealed that it was seeking regulatory approval to list its first bitcoin-related...

The United Nations has partnered with the World Identity Network (WIN) to develop a blockchain identity pilot aimed to help curb child trafficking. Announced during the Humanitarian Blockchain Summit in New York on Friday, the pilot involves participation from the United Nations Office for Project Services (UNOPS) and the United Nations Office...

UN Agencies Turn to Blockchain In Fight Against Child Trafficking

The United Nations has partnered with the World Identity Network (WIN) to develop a blockchain identity pilot aimed to help curb child trafficking. Announced during the Humanitarian Blockchain Summit in New York on Friday, the pilot involves participation from the United Nations Office for Project Services (UNOPS) and the United Nations Office...

Would you swallow a random pill that you saw on the counter in the pharmacy? Of course not. You don’t know anything about it! But what if this pill came in a package with details from the manufacturer? And you had a prescription from...

Assets Will Be Tokens (And It Will Change Finance)

Would you swallow a random pill that you saw on the counter in the pharmacy? Of course not. You don’t know anything about it! But what if this pill came in a package with details from the manufacturer? And you had a prescription from...

The price of bitcoin appears to be stabilizing. Amid what has been a wild weekend in the crypto markets, BTC is now down just 5 percent in the last 24 hours to a value of $6,102. Yet, that number doesn’t tell the whole story, as...

Flimsy Floor? Bitcoin Charts Suggest Price Declines Still in Play

The price of bitcoin appears to be stabilizing. Amid what has been a wild weekend in the crypto markets, BTC is now down just 5 percent in the last 24 hours to a value of $6,102. Yet, that number doesn’t tell the whole story, as...

Bitcoin has gained a lot of fans recently, but Goldman Sachs CEO Lloyd Blankfein is not one of them. In an interview with CNBC’s Kayla Tausche, he said that “maybe bitcoin is a kind of a bubble,” adding: “I don’t like it. I’m not...

‘Maybe bitcoin is a kind of a bubble,’ Goldman Sachs CEO Blankfein says

Bitcoin has gained a lot of fans recently, but Goldman Sachs CEO Lloyd Blankfein is not one of them. In an interview with CNBC’s Kayla Tausche, he said that “maybe bitcoin is a kind of a bubble,” adding: “I don’t like it. I’m not...

The price of bitcoin is down more than 8 percent today, continuing losses that began after the cryptocurrency slipped below the $7,000 level. Markets have fallen to as low as $6,475.40, according to the CoinDesk Bitcoin Price Index (BPI), the lowest level reported since...

Bitcoin Price Decline Continues As Markets Drop Below $6,500

The price of bitcoin is down more than 8 percent today, continuing losses that began after the cryptocurrency slipped below the $7,000 level. Markets have fallen to as low as $6,475.40, according to the CoinDesk Bitcoin Price Index (BPI), the lowest level reported since...

Bitcoin cash is on fire today. As per CoinMarketCap data, the bitcoin cash-U.S. dollar (BCH/USD) exchange rate rose to a three-month high of $872.24 at 11:29 UTC. The cryptocurrency’s record all-time high of $920 was set on Aug. 19. As of writing, the cryptocurrency is trading...

‘2x’ Boost? Bitcoin Cash Closes on Record High

Bitcoin cash is on fire today. As per CoinMarketCap data, the bitcoin cash-U.S. dollar (BCH/USD) exchange rate rose to a three-month high of $872.24 at 11:29 UTC. The cryptocurrency’s record all-time high of $920 was set on Aug. 19. As of writing, the cryptocurrency is trading...

“Grotesque” might not be the word you’d think ethereum developers would ascribe to the ICO environment. But that’s exactly how some of the platform’s ardent supporters described the current state of affairs. At Devcon3 in Cancun, Mexico, last week, developers were decidedly unenthusiastic when approached...

Ethereum to ICOs: You’re Doing It Wrong

“Grotesque” might not be the word you’d think ethereum developers would ascribe to the ICO environment. But that’s exactly how some of the platform’s ardent supporters described the current state of affairs. At Devcon3 in Cancun, Mexico, last week, developers were decidedly unenthusiastic when approached...

New charges have been filed against a Philadelphia-based day trader accused of manipulating a series of online brokerage accounts and using bitcoin to hide the source of his profits. Joseph Willner has been charged with multiple offensives, including those related to computer intrusions and...

More Charges Filed Against Trader Who Used Bitcoin to Conceal Fraud Profits

New charges have been filed against a Philadelphia-based day trader accused of manipulating a series of online brokerage accounts and using bitcoin to hide the source of his profits. Joseph Willner has been charged with multiple offensives, including those related to computer intrusions and...

Quantum computers are coming and encryption – including the kind used to underpin cryptocurrencies – is in trouble, researchers say. That’s according to researchers at the National University of Singapore and colleagues who have estimatedhow soon the computers might be able to break bitcoin’s security....

Quantum Computers Could Jack Your Crypto Private Key in 10 Years, Researchers Say

Quantum computers are coming and encryption – including the kind used to underpin cryptocurrencies – is in trouble, researchers say. That’s according to researchers at the National University of Singapore and colleagues who have estimatedhow soon the computers might be able to break bitcoin’s security....

Citigroup CEO Michael Corbat has predicted that state-sponsored digital currencies will arise from the threat posed by bitcoin. In an interview with Bloomberg at a summit in New York yesterday, Corbat said that cryptocurrencies represent a “real enough threat” to the financial system, and that governments...

Citigroup CEO: Bitcoin Threat Will Give Rise to State Cryptocurrencies

Citigroup CEO Michael Corbat has predicted that state-sponsored digital currencies will arise from the threat posed by bitcoin. In an interview with Bloomberg at a summit in New York yesterday, Corbat said that cryptocurrencies represent a “real enough threat” to the financial system, and that governments...

Joseph Lubin, ethereum co-founder and CEO of blockchain firm ConsenSys, has said the cryptocurrency market is “totally a bubble,” according to a report. However, in comments made to Bloomberg, Lubin clarified that the market is a “good kind of bubble” that comes when a “profound...

Cryptocurrency Market a ‘Good Bubble,’ Says ConsenSys CEO Joseph Lubin

Joseph Lubin, ethereum co-founder and CEO of blockchain firm ConsenSys, has said the cryptocurrency market is “totally a bubble,” according to a report. However, in comments made to Bloomberg, Lubin clarified that the market is a “good kind of bubble” that comes when a “profound...

The organizers of a controversial bitcoin scaling proposal are suspending an attempt to increase the block size by way of a software upgrade. Known for its strong early support from bitcoin startups and mining pools, the plan, called Segwit2x, or simply 2x, was to...

2x Called Off: Bitcoin Hard Fork Suspended for Lack of Consensus

The organizers of a controversial bitcoin scaling proposal are suspending an attempt to increase the block size by way of a software upgrade. Known for its strong early support from bitcoin startups and mining pools, the plan, called Segwit2x, or simply 2x, was to...

A Nasdaq executive has argued that the initial coin offering (ICO) markets are still immature and that the stock exchange is still the best place for a company to raise money. Talking to CNBC during the Web Summit tech conference in Lisbon yesterday, Nasdaq vice chairman Bruce Aust said...

‘Young’ ICOs: Nasdaq Exec Says Exchange Still the Place to Raise Capita

A Nasdaq executive has argued that the initial coin offering (ICO) markets are still immature and that the stock exchange is still the best place for a company to raise money. Talking to CNBC during the Web Summit tech conference in Lisbon yesterday, Nasdaq vice chairman Bruce Aust said...

One of the senior figures at derivatives giant CME Group believes that bitcoin is on course to become its own tradable asset class. In an interview with Reuters on Tuesday, the company’s chairman emeritus Leo Melamed said bitcoin will likely come to trade in a similar...

CME Group’s Leo Melamed: We’ll ‘Tame’ Bitcoin

One of the senior figures at derivatives giant CME Group believes that bitcoin is on course to become its own tradable asset class. In an interview with Reuters on Tuesday, the company’s chairman emeritus Leo Melamed said bitcoin will likely come to trade in a similar...

Bitcoin traders seem a touch tentative today. At press time, the bitcoin-U.S. dollar (BTC/USD) exchange rate is at $7,200 levels. BTC prices dropped to a four-day low below $6,950 yesterday before regaining poise, although the 5-day moving average (located above $7,200) is proving tough...

Short-Lived Rebound? Bitcoin Struggles to Retake $7,200

Bitcoin traders seem a touch tentative today. At press time, the bitcoin-U.S. dollar (BTC/USD) exchange rate is at $7,200 levels. BTC prices dropped to a four-day low below $6,950 yesterday before regaining poise, although the 5-day moving average (located above $7,200) is proving tough...

Blockstack isn’t going along with business as usual for its initial coin offering (ICO). As the new funding method gains momentum, token issuers have often allowed investors to access tokens in so-called “pre-sales” in advance of opening up to the public. The pre-sales, aimed...

A More Equitable ICO? Why Blockstack Said No to a Token Pre-Sale

Blockstack isn’t going along with business as usual for its initial coin offering (ICO). As the new funding method gains momentum, token issuers have often allowed investors to access tokens in so-called “pre-sales” in advance of opening up to the public. The pre-sales, aimed...

Ethereum classic rose to eight-week high today – its highest level since Sep. 9. At press time, the fork of the etheruem blockchain is trading at around $15.00. As per CoinMarketCap, the ninth largest cryptocurrency by market capitalization has gained 16.90 percent in the last...

Ethereum Classic Snaps Slump as Price Hits Eight-Week High

Ethereum classic rose to eight-week high today – its highest level since Sep. 9. At press time, the fork of the etheruem blockchain is trading at around $15.00. As per CoinMarketCap, the ninth largest cryptocurrency by market capitalization has gained 16.90 percent in the last...

The chief economist for financial services giant UBS came out against bitcoin and cryptocurrencies in a big way on Twitter last week. In a series of tweets on Nov. 1 and 2, UBS global chief economist Paul Donovan compared bitcoin to the Netherland’s 1637 tulip...

UBS Chief Economist Compares Bitcoin to Tulip Mania

The chief economist for financial services giant UBS came out against bitcoin and cryptocurrencies in a big way on Twitter last week. In a series of tweets on Nov. 1 and 2, UBS global chief economist Paul Donovan compared bitcoin to the Netherland’s 1637 tulip...

“Bitcoin is the currency of enemies.” If adversarial thinking like Tadge Dryja‘s was on display, it’s target was relegated to theoretical targets on day one of Scaling Bitcoin Saturday. Held this year at Stanford University, the event’s fourth edition, first started to bridge bitcoin’s then-scaling crisis, saw noticeably...

Hold the Fork: No 2x But Everything Else Goes at Scaling Bitcoin Event

“Bitcoin is the currency of enemies.” If adversarial thinking like Tadge Dryja‘s was on display, it’s target was relegated to theoretical targets on day one of Scaling Bitcoin Saturday. Held this year at Stanford University, the event’s fourth edition, first started to bridge bitcoin’s then-scaling crisis, saw noticeably...

“I was expecting maybe 15-20 people to care about zk-snarks, but wow.” Despite his reservations, the crowd scrambled for seats as zcash researcher Andrew Miller took to the stage at Devcon3 today. But the response, at times elated, perhaps shouldn’t have been a surprise...

Zk-Snarks Everywhere: Ethereum Privacy Tech Hits Tipping Point

“I was expecting maybe 15-20 people to care about zk-snarks, but wow.” Despite his reservations, the crowd scrambled for seats as zcash researcher Andrew Miller took to the stage at Devcon3 today. But the response, at times elated, perhaps shouldn’t have been a surprise...

Goldman Sachs CEO Lloyd Blankfein says that he isn’t comfortable with bitcoin, but he is open to the cryptocurrency. In an interview with Bloomberg at the Goldman Sachs Sustainable Finance Innovation Forum in New York, the CEO said that he has a “level of discomfort” over...

Goldman Sachs CEO Lloyd Blankfein: I’m Open to Bitcoin

Goldman Sachs CEO Lloyd Blankfein says that he isn’t comfortable with bitcoin, but he is open to the cryptocurrency. In an interview with Bloomberg at the Goldman Sachs Sustainable Finance Innovation Forum in New York, the CEO said that he has a “level of discomfort” over...

Bitcoin cannot be considered a currency, one of the world’s most prominent financial commentators and institutional investors said. Mohamed El-Erian told CNBC that currencies normally serve as a store of value, but that they must be predictable and stable to work as a medium of...

Finance Bigwig Mohamed El-Erian Says Bitcoin Is a Commodity

Bitcoin cannot be considered a currency, one of the world’s most prominent financial commentators and institutional investors said. Mohamed El-Erian told CNBC that currencies normally serve as a store of value, but that they must be predictable and stable to work as a medium of...

You can count Credit Suisse CEO Tidjane Thiam among those who think bitcoin is in a bubble. At a press conference today, the New York Times reports, the bank chief called bitcoin’s anonymity a “challenge,” before going on to say: “From what we can identify, the...

Credit Suisse CEO: Bitcoin the ‘Very Definition of a Bubble’

You can count Credit Suisse CEO Tidjane Thiam among those who think bitcoin is in a bubble. At a press conference today, the New York Times reports, the bank chief called bitcoin’s anonymity a “challenge,” before going on to say: “From what we can identify, the...

Ethereum mobile wallet Status, which recently raised more than $100 million in a token sale, has announced a $1 million bug bounty. Announced at ethereum’s annual developer conference Devcon3 today, the program invites people to submit possible solutions to issues currently facing the wallet. While the initial bounties...

Ethereum Wallet Status Pledges $1 Million for New Bug Bounty Program

Ethereum mobile wallet Status, which recently raised more than $100 million in a token sale, has announced a $1 million bug bounty. Announced at ethereum’s annual developer conference Devcon3 today, the program invites people to submit possible solutions to issues currently facing the wallet. While the initial bounties...

The price of bitcoin has reached yet another all-time high this week, rising past $6,600 for the first time. Markets hit an average high of $6,629.00 around 16:34 UTC, data from the CoinDesk Bitcoin price Index (BPI) shows. The market ramp came hours after CoinDesk’s Bitcoin...

Bitcoin’s Price Climbs Above $6,600 to Reach New Market High

The price of bitcoin has reached yet another all-time high this week, rising past $6,600 for the first time. Markets hit an average high of $6,629.00 around 16:34 UTC, data from the CoinDesk Bitcoin price Index (BPI) shows. The market ramp came hours after CoinDesk’s Bitcoin...

The bitcoin price has reached record levels this week, peaking at a global average of $6,634 on Tuesday morning. Whenever bitcoin reaches an all-time high, investors who have considered purchasing bitcoin but have yet to do so lament that they should have bought in...

Bitcoin Price Climbs to $12,400 in Zimbabwe

The bitcoin price has reached record levels this week, peaking at a global average of $6,634 on Tuesday morning. Whenever bitcoin reaches an all-time high, investors who have considered purchasing bitcoin but have yet to do so lament that they should have bought in...

Bitcoin has once again smashed expectations. The largest cryptocurrency by total value hit record highs on CoinDesk’s Bitcoin Price Index (BPI) this morning, with prices reaching $6,600 at 11:00 UTC. At the time of writing, the bitcoin-U.S. dollar (BTC/USD) exchange rate has dropped somewhat to $6,498,...

Bright Futures: Bitcoin Climbs on CME News, But Is $7,000 in Sight?

Bitcoin has once again smashed expectations. The largest cryptocurrency by total value hit record highs on CoinDesk’s Bitcoin Price Index (BPI) this morning, with prices reaching $6,600 at 11:00 UTC. At the time of writing, the bitcoin-U.S. dollar (BTC/USD) exchange rate has dropped somewhat to $6,498,...

The central bank of the Kingdom of Swaziland is researching cryptocurrencies, according to its governor. Speaking at an economic forum last week, Central Bank of Swaziland (CBS) chief Majozi Sithole struck an optimistic note about the technology, according to a report from the Swazi Observer. While he...

Swaziland Central Bank Governor: It’s ‘Not Wise’ to Dismiss Cryptocurrency

The central bank of the Kingdom of Swaziland is researching cryptocurrencies, according to its governor. Speaking at an economic forum last week, Central Bank of Swaziland (CBS) chief Majozi Sithole struck an optimistic note about the technology, according to a report from the Swazi Observer. While he...

The price of bitcoin has hit an all-time high, crossing $6,400 for the first time. According to data from the CoinDesk Bitcoin Price Index (BPI), the price reached an average of $6,415.28 across global exchanges at roughly 14:00 UTC today. On Oct. 29, the...

Bitcoin’s Price Climbs Above $6,400 to Hit All-Time High

The price of bitcoin has hit an all-time high, crossing $6,400 for the first time. According to data from the CoinDesk Bitcoin Price Index (BPI), the price reached an average of $6,415.28 across global exchanges at roughly 14:00 UTC today. On Oct. 29, the...

CNLedger, a trusted news source within the Chinese cryptocurrency industry, has revealed that OKEX will soon launch peer-to-peer (P2P) over-the-counter (OTC) bitcoin-to-fiat trading platform. “More OkEx (and likely, Huobi-Pro) will soon launch P2P bitcoin tradings with various fiat currency support,” CNLedger reported. “We believe they’ll support CNY...

Is China Planning to Resume Bitcoin and Cryptocurrency Trading Soon?

CNLedger, a trusted news source within the Chinese cryptocurrency industry, has revealed that OKEX will soon launch peer-to-peer (P2P) over-the-counter (OTC) bitcoin-to-fiat trading platform. “More OkEx (and likely, Huobi-Pro) will soon launch P2P bitcoin tradings with various fiat currency support,” CNLedger reported. “We believe they’ll support CNY...

A government official involved in the US Treasury’s investigation of distributed ledgers is pushing for further testing of the technology. In an article published in the Journal of Federal Financial Management this week, Craig Fischer, who serves as program manager for the Office of Financial Innovation and...

More Blockchain Pilots Needed, Says US Treasury Official

A government official involved in the US Treasury’s investigation of distributed ledgers is pushing for further testing of the technology. In an article published in the Journal of Federal Financial Management this week, Craig Fischer, who serves as program manager for the Office of Financial Innovation and...

Bitcoin’s rally is showing no signs of abating. Prices surged to record levels on the CoinDesk Bitcoin Price Index (BPI) yesterday, with the world’s largest cryptocurrency clocking a new all-time high of $6,306.58. With the push, bitcoin passed its previous high of $6,183 set on...

Making Noise: Bitcoin Price Looks Higher as Global Volumes Grow

Bitcoin’s rally is showing no signs of abating. Prices surged to record levels on the CoinDesk Bitcoin Price Index (BPI) yesterday, with the world’s largest cryptocurrency clocking a new all-time high of $6,306.58. With the push, bitcoin passed its previous high of $6,183 set on...

Ethereum is out to prove itself at its annual developer event, set to begin next Wednesday. Once arguably the most active corner of the booming cryptocurrency market, it’s safe to say enthusiasm for the project has cooled, if only by comparison. Despite meteoric growth that...

Proving Ground? Ethereum Gears Up for Show of Force at Devcon Event

Ethereum is out to prove itself at its annual developer event, set to begin next Wednesday. Once arguably the most active corner of the booming cryptocurrency market, it’s safe to say enthusiasm for the project has cooled, if only by comparison. Despite meteoric growth that...

A few blockchain companies have recently been touting a “legal” or “compliant” ICO. After digging into the details, however, I am realizing that these ICO teams have very little understanding of SEC requirements, and that their token sales are not compliant.  This isn’t surprising....

The Basics on FACTS: A New Model for Compliant ICOs

A few blockchain companies have recently been touting a “legal” or “compliant” ICO. After digging into the details, however, I am realizing that these ICO teams have very little understanding of SEC requirements, and that their token sales are not compliant.  This isn’t surprising....

Established brokers and startups want in on the crypto boom – but, Trading 212 is a bit of both. Founded by Bulgarians Ivan Ashminov and Boris Nedialkov, Trading 212 is the trade name for Avus Capital, a broker-dealer with roots going back 14 years in...

Where to Trade Bitcoin? Brokerage Apps Move In Amid Market Boom

Established brokers and startups want in on the crypto boom – but, Trading 212 is a bit of both. Founded by Bulgarians Ivan Ashminov and Boris Nedialkov, Trading 212 is the trade name for Avus Capital, a broker-dealer with roots going back 14 years in...

Since bitcoin was invented, its backers have pitched it as an innovation that will upend the financial world as we know it. Many believe that initial coin offerings (ICO), which typically blend aspects of cryptocurrencies and crowdfunding, are an important step in that revolution, a...

A high-profile ICO is touting its latest invention: a dividend

Since bitcoin was invented, its backers have pitched it as an innovation that will upend the financial world as we know it. Many believe that initial coin offerings (ICO), which typically blend aspects of cryptocurrencies and crowdfunding, are an important step in that revolution, a...

The U.S. government agency in charge of logistics is taking the next step in its effort to better understand blockchain. Through its Emerging Citizen Technology (ECT) program, a blockchain analysis effort first announced in September, the General Services Administration (GSA) this week opened to contributions...

US Logistics Agency Launches Blockchain Sector Mapping Tool

The U.S. government agency in charge of logistics is taking the next step in its effort to better understand blockchain. Through its Emerging Citizen Technology (ECT) program, a blockchain analysis effort first announced in September, the General Services Administration (GSA) this week opened to contributions...

Bitcoin cash price caught a fresh bid wave today, reaching a nine-day high of $373. At press time, the bitcoin cash-U.S. dollar (BCH/USD) exchange rate is trading at $346 levels. The relatively new cryptocurrency has gained 4.12 percent in the last 24 hours, as...

Stuck in Limbo? Bitcoin Cash Price Clocks 9-Day High

Bitcoin cash price caught a fresh bid wave today, reaching a nine-day high of $373. At press time, the bitcoin cash-U.S. dollar (BCH/USD) exchange rate is trading at $346 levels. The relatively new cryptocurrency has gained 4.12 percent in the last 24 hours, as...

More Rumors Amazon Could Accept Bitcoin as All Eyes on Conference Call

Further rumors are surfacing that Amazon will announce a Bitcoin-related innovation Thursday, as a German newspaper fuels speculation. In an article Tuesday, Die Welt reported that fintech sources in Silicon Valley were echoing previous hints from investor James Altucher that the global giant could soon integrate Bitcoin...

More Rumors Amazon Could Accept Bitcoin as All Eyes on Conference Call

Further rumors are surfacing that Amazon will announce a Bitcoin-related innovation Thursday, as a German newspaper fuels speculation. In an article Tuesday, Die Welt reported that fintech sources in Silicon Valley were echoing previous hints from investor James Altucher that the global giant could soon integrate Bitcoin...

Peter Thiel, the billionaire co-founder of PayPal, believes that critics of bitcoin are “underestimating” the cryptocurrency. In remarks made on the third day of the Financial Investment Initiative event, Thiel said that while he is “skeptical of most ,” he believes bitcoin in particular...

Peter Thiel: Bitcoin Is Like A Reserve Form Of Money

Peter Thiel, the billionaire co-founder of PayPal, believes that critics of bitcoin are “underestimating” the cryptocurrency. In remarks made on the third day of the Financial Investment Initiative event, Thiel said that while he is “skeptical of most ,” he believes bitcoin in particular...

Decentralized journalism marketplace Civil has announced $5 million in funding from blockchain development firm ConsenSys. The in-development blockchain-based news platform said in a blog post that it plans to set aside half the funds as capital, while the remaining half will go towards building out its services....

Blockchain Journalism Platform Civil Receives $5 Million in Funding

Decentralized journalism marketplace Civil has announced $5 million in funding from blockchain development firm ConsenSys. The in-development blockchain-based news platform said in a blog post that it plans to set aside half the funds as capital, while the remaining half will go towards building out its services....

The head of a Chinese investment bank says he believes bitcoin’s underlying technology is more important than the cryptocurrency itself. Fan Bao, the CEO of China Renaissance, said in an interview with CNBC that while bitcoin’s market may be a bullish one, he believes that underlying...

China Renaissance CEO: Blockchain More Important Than Bitcoin

The head of a Chinese investment bank says he believes bitcoin’s underlying technology is more important than the cryptocurrency itself. Fan Bao, the CEO of China Renaissance, said in an interview with CNBC that while bitcoin’s market may be a bullish one, he believes that underlying...

Is the market big enough for two forked bitcoin currencies? Early indications suggest so, as bitcoin cash is alternating gains with losses by trading in a tight range so far on Wednesday. At press time, the bitcoin cash-US dollar (BCH/USD) exchange rate is $328....

Room for More? Bitcoin Cash Defends $300 Amid Competition

Is the market big enough for two forked bitcoin currencies? Early indications suggest so, as bitcoin cash is alternating gains with losses by trading in a tight range so far on Wednesday. At press time, the bitcoin cash-US dollar (BCH/USD) exchange rate is $328....

A new report from the U.S. Drug Enforcement Administration (DEA) claims that bitcoin is being used to facilitate trade-based money laundering (TBML) schemes. Published by the Department of Justice, the report offers a broad overview of the U.S. government’s efforts to police the illicit drug trade....

DEA Report: Bitcoin Used for Trade-Based Money Laundering

A new report from the U.S. Drug Enforcement Administration (DEA) claims that bitcoin is being used to facilitate trade-based money laundering (TBML) schemes. Published by the Department of Justice, the report offers a broad overview of the U.S. government’s efforts to police the illicit drug trade....

Overstock.com subsidiary tØ has formally announced an initial coin offering (ICO), set to begin next month. Debuted at the Money2020 conference in Las Vegas, the ICO will be facilitated via the sale of Simple Agreements for Future Tokens (SAFTs), a model that was previously used in...

Overstock’s TØ is Launching an Initial Coin Offering Next Month

Overstock.com subsidiary tØ has formally announced an initial coin offering (ICO), set to begin next month. Debuted at the Money2020 conference in Las Vegas, the ICO will be facilitated via the sale of Simple Agreements for Future Tokens (SAFTs), a model that was previously used in...

Intense price swings in cryptocurrencies are luring the highest-volume traders on Wall Street as they search for relief from the low volatility blanketing financial markets. Proprietary trading firms, which bet their own capital in markets from stocks to futures, are wading into bitcoin, ethereum...

Wall Street traders jump into cryptocurrencies

Intense price swings in cryptocurrencies are luring the highest-volume traders on Wall Street as they search for relief from the low volatility blanketing financial markets. Proprietary trading firms, which bet their own capital in markets from stocks to futures, are wading into bitcoin, ethereum...

One of the figures behind the blockchain R&D effort within the US Health and Human Services (HHS) Department recently spoke out on the tech’s potential in Medicare and other public-sector functions. Speaking with Federal News Radio last week, Debbie Bucci, a lead IT architect for the HHS...

HHS Architect Talks Blockchain’s Potential Role in Healthcare Administration

One of the figures behind the blockchain R&D effort within the US Health and Human Services (HHS) Department recently spoke out on the tech’s potential in Medicare and other public-sector functions. Speaking with Federal News Radio last week, Debbie Bucci, a lead IT architect for the HHS...

Add Saudi billionaire Prince Alwaleed bin Talal to the roster of high-profile investors and financiers who don’t believe bitcoin and other cryptocurrencies are here to stay. “I just don’t believe in this bitcoin thing. I think it’s just going to implode one day,” Alwaleed told...

Bitcoin is ‘just going to implode one day’: Saudi Prince Alwaleed

Add Saudi billionaire Prince Alwaleed bin Talal to the roster of high-profile investors and financiers who don’t believe bitcoin and other cryptocurrencies are here to stay. “I just don’t believe in this bitcoin thing. I think it’s just going to implode one day,” Alwaleed told...

According to SEC filings this week, the firm has raised about $85 million combined for the two funds. One of the funds — Blockchain Capital Parallel Fund IV — only accepts contributions in cryptocurrencies, according to a source familiar with the firm. Blockchain Capital...

Crypto venture firm Blockchain Capital is raising $150 million for two funds

According to SEC filings this week, the firm has raised about $85 million combined for the two funds. One of the funds — Blockchain Capital Parallel Fund IV — only accepts contributions in cryptocurrencies, according to a source familiar with the firm. Blockchain Capital...

As cryptocurrencies and ICO’s burst on to the scene, many users/traders have become frustrated with the way most platforms only trade in a specific type of Cryptocurrency. This leads to multiple login credentials for each trading platform. Blockbid’s newest ultra-secure Exchange will allow the...

Blockbid Announces Launch Of ICO Backed By First Of Its Kind Multi-Cryptocurrency Trading Platform

As cryptocurrencies and ICO’s burst on to the scene, many users/traders have become frustrated with the way most platforms only trade in a specific type of Cryptocurrency. This leads to multiple login credentials for each trading platform. Blockbid’s newest ultra-secure Exchange will allow the...

LONDON (Reuters) – Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion. Yet for all the hype, mainstream institutional investors are...

Big money stays away from booming bitcoin

LONDON (Reuters) – Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion. Yet for all the hype, mainstream institutional investors are...

Bruce Fenton is the CEO of Chainstone Labs and Atlantic Financial. He has worked in the investment management industry for over 25 years and is a board member of the Bitcoin Foundation and Medici Ventures, and is the host of the Satoshi Roundtable event....

To the Moon – Or Bust? Questions to Ask When Evaluating ICOs

Bruce Fenton is the CEO of Chainstone Labs and Atlantic Financial. He has worked in the investment management industry for over 25 years and is a board member of the Bitcoin Foundation and Medici Ventures, and is the host of the Satoshi Roundtable event....

Mobile bitcoin wallets users might not realize it, but their money might be at a heightened risk this November. While advertised as a tool bitcoin users can tap to achieve an experience more akin to a conventional financial product, mobile bitcoin wallets today send...

Money at Risk? Mobile Wallets Become New Battleground in Bitcoin Fork Debate

Mobile bitcoin wallets users might not realize it, but their money might be at a heightened risk this November. While advertised as a tool bitcoin users can tap to achieve an experience more akin to a conventional financial product, mobile bitcoin wallets today send...

The price of bitcoin may have hit a new all-time high above $6,000 today, but it’s already showing signs it may be primed to push higher. At press time, the bitcoin-US dollar (BTC/USD) exchange rate was roughly $5,950, down slightly from the day’s high,...

Bitcoin Breather? Higher Price Push Still Possible on Search Demand

The price of bitcoin may have hit a new all-time high above $6,000 today, but it’s already showing signs it may be primed to push higher. At press time, the bitcoin-US dollar (BTC/USD) exchange rate was roughly $5,950, down slightly from the day’s high,...

Microsoft CEO Satya Nadella closed out Sibos 2017 with what sounded an awful lot like a challenge. At day three of the annual financial conference, hosted by interbank messaging service Swift, Nadella provided a footnote on what was otherwise an event focused largely on...

Microsoft CEO Challenges Swift: Build ‘Useful’ Blockchain Applications

Microsoft CEO Satya Nadella closed out Sibos 2017 with what sounded an awful lot like a challenge. At day three of the annual financial conference, hosted by interbank messaging service Swift, Nadella provided a footnote on what was otherwise an event focused largely on...

Bitcoin exchange-traded funds are coming, helped by the emergence of derivatives on the digital currency, according to industry executives. Don Wilson, founder of Chicago-based trading powerhouse DRW Holdings LLC, said on a panel at the Futures Industry Association annual conference in Chicago that it...

Industry Executives Think a Bitcoin ETF Is on Its Way

Bitcoin exchange-traded funds are coming, helped by the emergence of derivatives on the digital currency, according to industry executives. Don Wilson, founder of Chicago-based trading powerhouse DRW Holdings LLC, said on a panel at the Futures Industry Association annual conference in Chicago that it...

Bank of America is exploring how it might use a blockchain to better track the processing of file transfers in real time. The proposed system, outlined in a pair of patent applications recently released by the US Patent and Trademark Office, detail a system by which a blockchain...

Bank of America Seeks Patent for Blockchain Processing System

Bank of America is exploring how it might use a blockchain to better track the processing of file transfers in real time. The proposed system, outlined in a pair of patent applications recently released by the US Patent and Trademark Office, detail a system by which a blockchain...

The Australian Senate has begun deliberating a bill that would apply the country’s anti-money laundering (AML) statutes to domestic cryptocurrency exchanges. The bill was first unveiled in August – introduced in the House of Representatives, one of two chambers in Australia’s Parliament – revealing that lawmakers...

Australian Senate Panel Throws Support Behind Crypto Exchange Bill

The Australian Senate has begun deliberating a bill that would apply the country’s anti-money laundering (AML) statutes to domestic cryptocurrency exchanges. The bill was first unveiled in August – introduced in the House of Representatives, one of two chambers in Australia’s Parliament – revealing that lawmakers...

The Enterprise Ethereum Alliance just welcomed its first Russian member. After signing up more than 100 businesses to build enterprise distributed ledger technology compatible with the ethereum blockchain, the group has added Sberbank, the nation’s largest bank, to its growing list. Revealed in interview with...

Russia’s Largest Bank Joins Enterprise Ethereum Alliance

The Enterprise Ethereum Alliance just welcomed its first Russian member. After signing up more than 100 businesses to build enterprise distributed ledger technology compatible with the ethereum blockchain, the group has added Sberbank, the nation’s largest bank, to its growing list. Revealed in interview with...

A Spanish blockchain consortium launched earlier this year has changed its name, revealing dozens of new members. Alastria, formerly known as Red Lyra, was unveiled in May with the backing of several notable Spanish banks, including Banco Sabadell, Banco Santander and BBVA, as well as a group...

‘Red Lyra’ No More: Bank Blockchain Group Rebrands

A Spanish blockchain consortium launched earlier this year has changed its name, revealing dozens of new members. Alastria, formerly known as Red Lyra, was unveiled in May with the backing of several notable Spanish banks, including Banco Sabadell, Banco Santander and BBVA, as well as a group...

Bitcoin’s most controversial mining firm, Bitmain, is under threat of having a key chip patent revoked. Forcing a review of the patent is an ex-employee of the China-based mining giant: former director of design Yang Zuoxing, who has now founded a rival mining firm...

Former Bitmain Chip Designer Seeks to Revoke Mining Giant’s Patent

Bitcoin’s most controversial mining firm, Bitmain, is under threat of having a key chip patent revoked. Forcing a review of the patent is an ex-employee of the China-based mining giant: former director of design Yang Zuoxing, who has now founded a rival mining firm...

Former Federal Reserve chairman Ben Bernanke is bullish on blockchain. Speaking at Ripple’s Swell conference in Toronto today, being held the same week and in the same city as Sibos, the annual gathering hosted by Ripple’s rival Swift, Bernanke told a room of several hundred attendees...

Bernanke at Ripple Event: Blockchain Has ‘Obvious’ Benefits in Payments

Former Federal Reserve chairman Ben Bernanke is bullish on blockchain. Speaking at Ripple’s Swell conference in Toronto today, being held the same week and in the same city as Sibos, the annual gathering hosted by Ripple’s rival Swift, Bernanke told a room of several hundred attendees...

Digital Asset Holdings LLC has raised $40 million in a Series B round, bringing the enterprise blockchain startup’s total funding so far to $110 million. Jefferson River Capital led the funding round, which included new and previous investors. Digital Asset, founded by Wall Street...

$40 Million: Digital Asset Holdings Closes Series B Fundraising

Digital Asset Holdings LLC has raised $40 million in a Series B round, bringing the enterprise blockchain startup’s total funding so far to $110 million. Jefferson River Capital led the funding round, which included new and previous investors. Digital Asset, founded by Wall Street...

Hyperledger, the Linux foundation-backed blockchain consortium for enterprises, has added business network startup Tradeshift as a premier member. With the announcement, Tradeshift, which helps companies send and pay invoices using its cloud service, joins other Hyperledger premier members including Accenture, American Express, Cisco, IBM...

Tradeshift Joins Hyperledger Blockchain Consortium as Premier Member

Hyperledger, the Linux foundation-backed blockchain consortium for enterprises, has added business network startup Tradeshift as a premier member. With the announcement, Tradeshift, which helps companies send and pay invoices using its cloud service, joins other Hyperledger premier members including Accenture, American Express, Cisco, IBM...

With $30 billion on the line, all eyes are likely to be on ethereum tomorrow as it seeks to navigate one of its biggest-ever updates. Will all software users upgrade to the updated blockchain? Or will a new, competing token be created? That’s exactly what...

Hours to Go: How to Watch Ethereum’s Fork as It Happens

With $30 billion on the line, all eyes are likely to be on ethereum tomorrow as it seeks to navigate one of its biggest-ever updates. Will all software users upgrade to the updated blockchain? Or will a new, competing token be created? That’s exactly what...

While 2016 was referred to as the year of the blockchain proof-of-concept, 2017 has become the year of the blockchain pilot. While the progress has been remarkable, it’s important to be mindful of the critical role that industry collaboration has played in accelerating development...

Collaboration FTW: How Blockchain Came So Far, So Fast

While 2016 was referred to as the year of the blockchain proof-of-concept, 2017 has become the year of the blockchain pilot. While the progress has been remarkable, it’s important to be mindful of the critical role that industry collaboration has played in accelerating development...

A commercial bank in Mauritius has inked a deal with blockchain lending startup SALT to test the use of digital assets as collateral for loans. The “exploratory” deal between the State Bank of Mauritius (SBM) and SALT, which offers a platform allowing users to...

State Bank of Mauritius Launches Lending Pilot With Blockchain Startup

A commercial bank in Mauritius has inked a deal with blockchain lending startup SALT to test the use of digital assets as collateral for loans. The “exploratory” deal between the State Bank of Mauritius (SBM) and SALT, which offers a platform allowing users to...

Jamie Dimon is back on the bitcoin commentary bandwagon. Just a day after declaring on a third-quarter earnings call that he would refrain commenting on the cryptocurrency, the JPMorgan Chase CEO offered a critical take on those investing in bitcoin. “If you’re stupid enough...

At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Will ‘Pay the Price’

Jamie Dimon is back on the bitcoin commentary bandwagon. Just a day after declaring on a third-quarter earnings call that he would refrain commenting on the cryptocurrency, the JPMorgan Chase CEO offered a critical take on those investing in bitcoin. “If you’re stupid enough...

The value of a bitcoin reached a new all-time high of $5,856.10 at around 02:45 UTC this morning. The new price record comes just hours after setting new highs with a strong move beyond $5,000 yesterday, according to CoinDesk’s Bitcoin Price Index. At 16:30 UTC Thursday,...

$5,856: Bitcoin Price Hits New Record High

The value of a bitcoin reached a new all-time high of $5,856.10 at around 02:45 UTC this morning. The new price record comes just hours after setting new highs with a strong move beyond $5,000 yesterday, according to CoinDesk’s Bitcoin Price Index. At 16:30 UTC Thursday,...

Cryptocurrency exchange startup Coinbase has announced that some users will now be able to access “instant” purchases of bitcoin, ethereum and litecoin. The new service is currently only available for users making payments from a U.S. bank account and in amounts of under $25,000....

Bitcoin, Ether, Litecoin: Coinbase Enables ‘Instant’ Purchases for US Buyers

Cryptocurrency exchange startup Coinbase has announced that some users will now be able to access “instant” purchases of bitcoin, ethereum and litecoin. The new service is currently only available for users making payments from a U.S. bank account and in amounts of under $25,000....

JPMorgan Chase chief executive Jamie Dimon has said he won’t be commenting on bitcoin anymore. It’s a statement that comes a month after his now-infamous declaration that the cryptocurrency is a “fraud.” Dimon made the remarks during a third-quarter earnings call with reporters this...

Jamie Dimon Says He’s Done Talking About Bitcoin

JPMorgan Chase chief executive Jamie Dimon has said he won’t be commenting on bitcoin anymore. It’s a statement that comes a month after his now-infamous declaration that the cryptocurrency is a “fraud.” Dimon made the remarks during a third-quarter earnings call with reporters this...

IBM and Hyperledger have signed on with the Decentralized Identity Foundation (DIF), a consortium formed earlier this year in a bid to promote interoperability and standards for blockchain-based ID systems. The two enterprise blockchain heavyweights join a diverse group of organizations, including big corporates...

IBM, Hyperledger Join Blockchain Identity Consortium

IBM and Hyperledger have signed on with the Decentralized Identity Foundation (DIF), a consortium formed earlier this year in a bid to promote interoperability and standards for blockchain-based ID systems. The two enterprise blockchain heavyweights join a diverse group of organizations, including big corporates...

Japanese IT giant Fujitsu and three major banks have announced plans to pilot a peer-to-peer money transfer system built with blockchain technology. In partnership with Mizuho Financial Group, Sumitomo Mitsui Financial Group and Mitsubishi UFJ Financial Group, Fujitsu will field trial a cloud-based blockchain platform for sending funds...

IT Giant Fujitsu Joins Major Banks for Blockchain Money Transfer Pilot

Japanese IT giant Fujitsu and three major banks have announced plans to pilot a peer-to-peer money transfer system built with blockchain technology. In partnership with Mizuho Financial Group, Sumitomo Mitsui Financial Group and Mitsubishi UFJ Financial Group, Fujitsu will field trial a cloud-based blockchain platform for sending funds...

Russian president Vladimir Putin said in a meeting today that cryptocurrencies pose significant risks related fraud and money laundering. Quoted by Russian state news service TASS, Putin was speaking during a meeting that was focused on the subject of cryptocurrencies and financial tech more broadly. In...

Russian President Vladimir Putin: Cryptocurrency Poses ‘Serious Risks’

Russian president Vladimir Putin said in a meeting today that cryptocurrencies pose significant risks related fraud and money laundering. Quoted by Russian state news service TASS, Putin was speaking during a meeting that was focused on the subject of cryptocurrencies and financial tech more broadly. In...

Supported by strong volumes, bitcoin prices sprinted to a five-week high of $4,875 last night before the move ran out of steam. The bitcoin-U.S. dollar (BTC/USD) exchange rate spent 12 hours working hard to retake $4,800. However, at press time, bitcoin’s price had dropped...

$5,000 in Reach? Bitcoin Falls Back After Hitting 5-Week High

Supported by strong volumes, bitcoin prices sprinted to a five-week high of $4,875 last night before the move ran out of steam. The bitcoin-U.S. dollar (BTC/USD) exchange rate spent 12 hours working hard to retake $4,800. However, at press time, bitcoin’s price had dropped...

Ripple’s native XRP token jumped to a near seven-week high of $0.28 yesterday despite technical indicators that suggested the cryptocurrency’s recent rally might be overdone. While a re-test of the August 31 high of $0.26 was on the cards, the rally was something of a...

On the Rebound? Ripple’s XRP Price Jumps to 7-Week High

Ripple’s native XRP token jumped to a near seven-week high of $0.28 yesterday despite technical indicators that suggested the cryptocurrency’s recent rally might be overdone. While a re-test of the August 31 high of $0.26 was on the cards, the rally was something of a...

Hedge fund manager Kyle Bass just took sides in the raging battle over the viability of the cryptocurrency market.  Calling many of the dozens of initial coin offerings that have taken place this year “frauds,” the Hayman Capital Management founder warned in a Bloomberg...

Kyle Bass Says ICO Investors Will Get Wiped Out in Crypto ‘Mania’

Hedge fund manager Kyle Bass just took sides in the raging battle over the viability of the cryptocurrency market.  Calling many of the dozens of initial coin offerings that have taken place this year “frauds,” the Hayman Capital Management founder warned in a Bloomberg...

While Jamie Dimon may be convinced bitcoin is a fraud, it appears that the competition has a different view. Earlier last week, The Wall Street Journal reported on a rumor that Goldman Sachs is considering putting together a new trading outfit for cryptocurrencies. Its CEO,...

Rumor or Not: Goldman Trading Would Change Bitcoin

While Jamie Dimon may be convinced bitcoin is a fraud, it appears that the competition has a different view. Earlier last week, The Wall Street Journal reported on a rumor that Goldman Sachs is considering putting together a new trading outfit for cryptocurrencies. Its CEO,...

Database software giant Oracle is officially a player in the world of blockchain. The firm unveiled its enterprise-grade blockchain cloud platform Monday at its OpenWorld 2017 conference in San Francisco. With the initial debut – a public launch is expected sometime next year –...

Oracle’s Entrance: Database Giant Unveils Enterprise Blockchain Strategy

Database software giant Oracle is officially a player in the world of blockchain. The firm unveiled its enterprise-grade blockchain cloud platform Monday at its OpenWorld 2017 conference in San Francisco. With the initial debut – a public launch is expected sometime next year –...

Frustrated by the red tape of the U.S. healthcare system, blockchain startups founded to improve the sharing of patient data are looking abroad to prove their use cases. The moves by Gem, which has partnered with a Scandinavian company, and IncentHealth.io, which is scouting...

Better Off Abroad? Blockchain Health Firms Are Gaining Ground Outside the US

Frustrated by the red tape of the U.S. healthcare system, blockchain startups founded to improve the sharing of patient data are looking abroad to prove their use cases. The moves by Gem, which has partnered with a Scandinavian company, and IncentHealth.io, which is scouting...

Ethereum’s core developers assembled yesterday for a final scheduled meeting before the blockchain network, the world’s second-largest by total value, undergoes its next upgrade, expected on October 16. Held via Google Hangouts at 14:00 UTC, the discussion centered on ensuring all ethereum clients upgrade their software...

Ethereum Developers Optimistic Ahead of Byzantium Blockchain Fork

Ethereum’s core developers assembled yesterday for a final scheduled meeting before the blockchain network, the world’s second-largest by total value, undergoes its next upgrade, expected on October 16. Held via Google Hangouts at 14:00 UTC, the discussion centered on ensuring all ethereum clients upgrade their software...

A principal developer of the Lightning Network, Olaoluwa “Laolu” Osunokun is understandably interested in tools that could be made possible by bitcoin. But while most developers have been focused on ironing out bitcoin’s much-discussed protocol-level problems, Osunokun is taking a notable step in that...

Bitcoin Meets Netflix? Laolu Is Building a Lightning-Powered App for That

A principal developer of the Lightning Network, Olaoluwa “Laolu” Osunokun is understandably interested in tools that could be made possible by bitcoin. But while most developers have been focused on ironing out bitcoin’s much-discussed protocol-level problems, Osunokun is taking a notable step in that...

Public documents reveal that a second US financial services firm has withdrawn an effort to create exchange-traded futures (ETFs) tied to bitcoin. In a letter dated October 5, an executive for Connecticut-based REX ETFs requested to pull back an amendment related to two previously proposed...

Bitcoin Derivatives ETFs Withdraw Filings at SEC Request

Public documents reveal that a second US financial services firm has withdrawn an effort to create exchange-traded futures (ETFs) tied to bitcoin. In a letter dated October 5, an executive for Connecticut-based REX ETFs requested to pull back an amendment related to two previously proposed...

Fresh off setting a one-month high, the price of ripple’s native cryptocurrency, XRP, is struggling to cut through resistance offered by a rising channel hurdle. At press time, the ripple-US dollar (XRP/USD) exchange rate is $0.24, and while that figure is up 4.24 percent...

Is Ripple’s Rally Over? XRP Price Runs Into Roadblock

Fresh off setting a one-month high, the price of ripple’s native cryptocurrency, XRP, is struggling to cut through resistance offered by a rising channel hurdle. At press time, the ripple-US dollar (XRP/USD) exchange rate is $0.24, and while that figure is up 4.24 percent...

Andres Martin-Lopez is obsessed with music. As a child, the former senior project manager for global music corporation Universal Music Group, thought it was fun to organize and reorganize his CDs by genre, artist or whatever other classification he could imagine. Now, he’s merging...

Fight for Your Right: Universal Music Veteran Launches Ethereum IP Platform

Andres Martin-Lopez is obsessed with music. As a child, the former senior project manager for global music corporation Universal Music Group, thought it was fun to organize and reorganize his CDs by genre, artist or whatever other classification he could imagine. Now, he’s merging...

A US federal judge has signed off on a final judgment against Homero Josh Garza, the CEO of the now-defunct cryptocurrency mining firm GAW Miners. The judgment, entered on October 4, comes less than two years after the Securities and Exchange Commission (SEC) first...

GAW Miners CEO Held Liable for $9.8 Million Judgment in SEC Case

A US federal judge has signed off on a final judgment against Homero Josh Garza, the CEO of the now-defunct cryptocurrency mining firm GAW Miners. The judgment, entered on October 4, comes less than two years after the Securities and Exchange Commission (SEC) first...

The cryptocurrency that powers Ripple’s XRP ledger is showing signs it may be consolidating ahead of a boost. At press time, the XRP-U.S. dollar (XRP/USD) exchange rate seems to be building a base around $0.20-levels. The third largest cryptocurrency by market capitalization has gained...

Ripple Price Consolidates, But Could It ‘Swell’ Higher?

The cryptocurrency that powers Ripple’s XRP ledger is showing signs it may be consolidating ahead of a boost. At press time, the XRP-U.S. dollar (XRP/USD) exchange rate seems to be building a base around $0.20-levels. The third largest cryptocurrency by market capitalization has gained...

The Chinese government’s media arm, the Xinhua News Agency, has defended regulators’ recent decision to outlaw token sales, or ICOs, and the voluntary closure of bitcoin exchanges that followed. Heavily critical of cryptocurrency exchanges, Xinhua said they had become a favourite among criminals across...

China State News Calls for ‘Iron Fist’ Regulation of Bitcoin Exchanges

The Chinese government’s media arm, the Xinhua News Agency, has defended regulators’ recent decision to outlaw token sales, or ICOs, and the voluntary closure of bitcoin exchanges that followed. Heavily critical of cryptocurrency exchanges, Xinhua said they had become a favourite among criminals across...

Four major banks have joined a trade finance initiative launched late last year by Switzerland-based UBS and tech giant IBM. Bank of Montreal (BMO), CaixaBank, Commerzbank and Erste Group are now taking part in the project, which is being built on top of the...

New Banks Join UBS-Backed Blockchain Trade Finance Platform

Four major banks have joined a trade finance initiative launched late last year by Switzerland-based UBS and tech giant IBM. Bank of Montreal (BMO), CaixaBank, Commerzbank and Erste Group are now taking part in the project, which is being built on top of the...

Christine Lagarde sees a path ahead for cryptocurrency. The managing director of the International Monetary Fund, or IMF, talked up the potential of virtual currencies to supplant traditional monies in coming decades on Friday. Cryptocurrencies, or virtual currencies, are a new class of digital...

IMF Head: Cryptocurrency Could Be the Future. Really.

Christine Lagarde sees a path ahead for cryptocurrency. The managing director of the International Monetary Fund, or IMF, talked up the potential of virtual currencies to supplant traditional monies in coming decades on Friday. Cryptocurrencies, or virtual currencies, are a new class of digital...

The weekend rally in the bitcoin-U.S. dollar (BTC/USD) exchange rate may have come to a halt at $4,470 on Monday, but bulls appear to be crowding out the weak hands. The retreat to $4,255 over the last day suggests investors who lack the financial resources...

Golden Crossover: Bitcoin Charts Suggest Price Readying for Bump

The weekend rally in the bitcoin-U.S. dollar (BTC/USD) exchange rate may have come to a halt at $4,470 on Monday, but bulls appear to be crowding out the weak hands. The retreat to $4,255 over the last day suggests investors who lack the financial resources...

Researchers at the European Central Bank (ECB) have published a new research report on the impact of distributed ledger technology (DLT) on the harmonization of post-trade settlement systems. Released by the Advisory Group on Market Infrastructures for Securities and Collateral late last week, the 134-page...

European Central Bank Calls for DLT Post-Trade Interoperability

Researchers at the European Central Bank (ECB) have published a new research report on the impact of distributed ledger technology (DLT) on the harmonization of post-trade settlement systems. Released by the Advisory Group on Market Infrastructures for Securities and Collateral late last week, the 134-page...

Lindsay Lin is a counsel and program manager at Lightyear.io, a company that leverages the open-source Stellar protocol to build digital payments infrastructure and services. In this opinion piece, Lin argues that issuers of ICOs should not only accept but embrace regulators’ classification of...

Why ICOs Should Want to Be Securities

Lindsay Lin is a counsel and program manager at Lightyear.io, a company that leverages the open-source Stellar protocol to build digital payments infrastructure and services. In this opinion piece, Lin argues that issuers of ICOs should not only accept but embrace regulators’ classification of...

  Deloitte is taking non-financial applications of blockchain technology into uncharted waters. To record the inspection certificates for ships, oil rigs and the like on a private, shared ledger, the consulting firm’s blockchain lab for Europe, the Middle East and Africa recently partnered with...

Sea Change? Deloitte Is Tracking Ships’ Certificates with Blockchain

  Deloitte is taking non-financial applications of blockchain technology into uncharted waters. To record the inspection certificates for ships, oil rigs and the like on a private, shared ledger, the consulting firm’s blockchain lab for Europe, the Middle East and Africa recently partnered with...

“A myth,” that’s what one developer called it. At a meeting of the team behind the monero cryptocurrency last week, suspicion was high about a new item on the roadmap – so-called “zk-starks.” Described as a “trustless” solution to a problem that’s long prevented...

Zk-Starks? New Take on Zcash Tech Could Power Truly Private Blockchains

“A myth,” that’s what one developer called it. At a meeting of the team behind the monero cryptocurrency last week, suspicion was high about a new item on the roadmap – so-called “zk-starks.” Described as a “trustless” solution to a problem that’s long prevented...

Bitcoin and other cryptocurrencies are unlikely to weaken the Fed Reserve’s influence on the U.S. economy. That’s according to the president of the Federal Reserve Bank of Philadelphia, Patrick Harker, who issued the new remarks on the second day of a fintech event hosted...

Philly Fed Chief: Bitcoin Has Little Chance of Thwarting Monetary Policy

Bitcoin and other cryptocurrencies are unlikely to weaken the Fed Reserve’s influence on the U.S. economy. That’s according to the president of the Federal Reserve Bank of Philadelphia, Patrick Harker, who issued the new remarks on the second day of a fintech event hosted...

Japan’s Financial Services Agency (FSA) has issued operating licenses to 11 bitcoin exchanges. In an announcement today, the regulator confirmed the action, one that follows an amendment to the payment services law that mandated all cryptocurrency exchanges register with authorities by the end of...

Japan Issues Licenses for 11 Bitcoin Exchanges

Japan’s Financial Services Agency (FSA) has issued operating licenses to 11 bitcoin exchanges. In an announcement today, the regulator confirmed the action, one that follows an amendment to the payment services law that mandated all cryptocurrency exchanges register with authorities by the end of...

The acting comptroller of the currency for the U.S. Treasury Department has said he is open to the idea that a new breed of banks might one day conduct business in bitcoin and other cryptocurrencies. Speaking at an event hosted by the Federal Reserve...

US Bank Regulator Opens Door to National License for Bitcoin Firms

The acting comptroller of the currency for the U.S. Treasury Department has said he is open to the idea that a new breed of banks might one day conduct business in bitcoin and other cryptocurrencies. Speaking at an event hosted by the Federal Reserve...

Japanese telecommunications conglomerate KDDI Corporation has announced that it has joined the Enterprise Ethereum Alliance. KDDI, which is ranked number 219 on the Fortune Global 500 list, also revealed it is working with Japanese startup Couger on a smart contracts proof-of-concept built using technology developed through...

Telecom Giant KDDI Joins Enterprise Ethereum Alliance

Japanese telecommunications conglomerate KDDI Corporation has announced that it has joined the Enterprise Ethereum Alliance. KDDI, which is ranked number 219 on the Fortune Global 500 list, also revealed it is working with Japanese startup Couger on a smart contracts proof-of-concept built using technology developed through...

Countless experts and pundits, including Chase CEO Jamie Dimon, have proclaimed that Bitcoin is in a massive bubble right now, and it certainly could be. Yet these “experts” fail to consider one possibility that some in the Bitcoin community are beginning to suspect: mass...

$50,000+ Bitcoin Could Happen if This Isn’t a Bubble But an S-Curve

Countless experts and pundits, including Chase CEO Jamie Dimon, have proclaimed that Bitcoin is in a massive bubble right now, and it certainly could be. Yet these “experts” fail to consider one possibility that some in the Bitcoin community are beginning to suspect: mass...

A senior analyst for Macquarie Group has pushed back against some of the criticism of bitcoin coming from Wall Street figures like JPMorgan Chase CEO Jamie Dimon. In a new note to clients obtained by Business Insider, Viktor Shvets, head of global and Asia-Pacific equity...

Wall Street Analyst Rejects Jamie Dimon’s Bitcoin ‘Fraud’ Critique

A senior analyst for Macquarie Group has pushed back against some of the criticism of bitcoin coming from Wall Street figures like JPMorgan Chase CEO Jamie Dimon. In a new note to clients obtained by Business Insider, Viktor Shvets, head of global and Asia-Pacific equity...

A Maryland-based exchange-traded fund (ETF) firm has filed to launch two new bitcoin futures-based products. According to a Form S-1 dated September 27, ProShares Capital Management wants to create two bitcoin-tied funds: the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF. Like other...

Two More Bitcoin Futures ETFs Are Up for SEC Approval

A Maryland-based exchange-traded fund (ETF) firm has filed to launch two new bitcoin futures-based products. According to a Form S-1 dated September 27, ProShares Capital Management wants to create two bitcoin-tied funds: the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF. Like other...

Accenture has been awarded a patent tied to its work on an “editable blockchain.” First unveiled last year, the professional services firm sought to create a permissioned blockchain that would allow parties to alter data in the event of errors or fraud. It was a move that...

Accenture Awarded Patent for ‘Editable Blockchain’ Tech

Accenture has been awarded a patent tied to its work on an “editable blockchain.” First unveiled last year, the professional services firm sought to create a permissioned blockchain that would allow parties to alter data in the event of errors or fraud. It was a move that...

The head of one of Wall Street’s biggest banks believes bitcoin is “more than just a fad.” James Gorman, CEO of Morgan Stanley, made the comments during an event hosted by the Wall Street Journal today. According to Bloomberg, Gorman said that the privacy...

Morgan Stanley CEO: Bitcoin Is ‘More Than Just A Fad’

The head of one of Wall Street’s biggest banks believes bitcoin is “more than just a fad.” James Gorman, CEO of Morgan Stanley, made the comments during an event hosted by the Wall Street Journal today. According to Bloomberg, Gorman said that the privacy...

Get ready for regulated token trading. Announced today, tØ, the capital markets arm of Overstock‘s blockchain-focused subsidiary Medici, is launching a first-of-its-kind alternative trading system (ATS) that will provide a platform for the exchange of cryptographic tokens categorized in the U.S. as securities. A...

Regulated ICOs Arrive: Overstock to Open Exchange for Legal Token Trading

Get ready for regulated token trading. Announced today, tØ, the capital markets arm of Overstock‘s blockchain-focused subsidiary Medici, is launching a first-of-its-kind alternative trading system (ATS) that will provide a platform for the exchange of cryptographic tokens categorized in the U.S. as securities. A...

Trend forecaster and commentator Gerald Celente said in a new interview that he believes that banks are “afraid” of bitcoin. Speaking with TheStreet, Celente, who is the publisher of Trends Journal, argued that banks are fearful that bitcoin and cryptocurrencies will “take away their business,”...

Forecaster Gerald Celente: Banks Are Afraid of Bitcoin

Trend forecaster and commentator Gerald Celente said in a new interview that he believes that banks are “afraid” of bitcoin. Speaking with TheStreet, Celente, who is the publisher of Trends Journal, argued that banks are fearful that bitcoin and cryptocurrencies will “take away their business,”...

A well-known gold dealer based in London is now accepting bitcoin payments for its precious metal products. The company, Sharps Pixley, announced on September 26 that it would begin accepting the cryptocurrency through a partnership with payments processor startup BitPay. In statements, representatives from...

Gold Dealer Sharps Pixley Begins Accepting Bitcoin

A well-known gold dealer based in London is now accepting bitcoin payments for its precious metal products. The company, Sharps Pixley, announced on September 26 that it would begin accepting the cryptocurrency through a partnership with payments processor startup BitPay. In statements, representatives from...

A former principal at Fortress Investment Group is reportedly moving to establish a $500 million hedge fund focused on cryptocurrency and blockchain. Bloomberg News, citing a source with knowledge of the plans, reports that Mike Novogratz is investing $150 million of his own, with...

Ex-Fortress Billionaire: Crypto Market Will Be ‘Largest Bubble of Our Lifetimes’

A former principal at Fortress Investment Group is reportedly moving to establish a $500 million hedge fund focused on cryptocurrency and blockchain. Bloomberg News, citing a source with knowledge of the plans, reports that Mike Novogratz is investing $150 million of his own, with...

As the cryptocurrency space gains traction and Bitcoin matures, consider yet another type of digital currency, Ethereum. It’s the second most popular with investors and also uses Blockchain technology. As of this writing, Ethereum is trading at $290.65 ETHUSD Daily What distinguishes Ethereum from...

Ethereum: Here’s What To Watch For

As the cryptocurrency space gains traction and Bitcoin matures, consider yet another type of digital currency, Ethereum. It’s the second most popular with investors and also uses Blockchain technology. As of this writing, Ethereum is trading at $290.65 ETHUSD Daily What distinguishes Ethereum from...

Mario Draghi, president of the European Central Bank (ECB), has indicated that his institution does not have the powers to regulate cryptocurrencies. Making his statements to the European Parliament’s Committee on Economic and Monetary Affairs, Draghi said that “it would actually not be in our powers...

Mario Draghi: European Central Bank Has ‘No Power’ to Regulate Bitcoin

Mario Draghi, president of the European Central Bank (ECB), has indicated that his institution does not have the powers to regulate cryptocurrencies. Making his statements to the European Parliament’s Committee on Economic and Monetary Affairs, Draghi said that “it would actually not be in our powers...

The bitcoin rally is proving hard to stop. The cryptocurrency has breached $4,000, soaring more than 20 percent from the lows reached Friday, as concern eases that a crackdown by Chinese regulators will hinder the growth of the alternative method of exchange. After reaching a...

The Bitcoin Rally Is Back

The bitcoin rally is proving hard to stop. The cryptocurrency has breached $4,000, soaring more than 20 percent from the lows reached Friday, as concern eases that a crackdown by Chinese regulators will hinder the growth of the alternative method of exchange. After reaching a...

The neo-US dollar (NEO/USD) exchange rate is showing signs of renewed life today. As a China-based project, neo (formerly antshares) perhaps bore most of the brunt of the decision by the country’s regulators to ban initial coin offerings (ICOs), falling nearly 40% over the day’s trading on September 4. However, neo appears to now be recovering, posting...

Neo ICO Token Wins Traders as China Worries Fade

The neo-US dollar (NEO/USD) exchange rate is showing signs of renewed life today. As a China-based project, neo (formerly antshares) perhaps bore most of the brunt of the decision by the country’s regulators to ban initial coin offerings (ICOs), falling nearly 40% over the day’s trading on September 4. However, neo appears to now be recovering, posting...

For public health practitioners, the ability to quickly collect, analyze and take action on data is paramount to containing the spread of a deadly new virus or disease. But despite the advent of big data technologies, collecting this information today remains a highly cumbersome...

Centers for Disease Control to Launch First Blockchain Test on Disaster Relief

For public health practitioners, the ability to quickly collect, analyze and take action on data is paramount to containing the spread of a deadly new virus or disease. But despite the advent of big data technologies, collecting this information today remains a highly cumbersome...

In the mid-1990s, Johnson Leung embarked on a career in shipping. In the early 2000s, he moved to finance. And now, he runs a Hong Kong startup that aims to improve how container ships are booked using blockchain technology.  Many in Hong Kong hope...

Crypto-Mania Grips Hong Kong as City Looks for Life Beyond Banks

In the mid-1990s, Johnson Leung embarked on a career in shipping. In the early 2000s, he moved to finance. And now, he runs a Hong Kong startup that aims to improve how container ships are booked using blockchain technology.  Many in Hong Kong hope...

I have long suspected, owing to its sheer brilliance and idiosyncratic beauty, that bitcoin was in fact brought here by aliens from another planet. Brian Patrick Eha’s vivid history of bitcoin, “How Money Got Free: Bitcoin and the Fight for the Future of Finance,”...

Vivid History: ‘How Money Got Free’ Is the Untold Story of Bitcoin

I have long suspected, owing to its sheer brilliance and idiosyncratic beauty, that bitcoin was in fact brought here by aliens from another planet. Brian Patrick Eha’s vivid history of bitcoin, “How Money Got Free: Bitcoin and the Fight for the Future of Finance,”...

Developers often use words like “monolithic,” “blob” and “tangled” to describe the code underpinning bitcoin. These words paint a picture of how difficult the code can be to comprehend and, in turn, work with, and it’s not exactly a comforting thought for a network...

Untangling Bitcoin: Why Russell Yanofsky Is Taking Apart Crypto’s Oldest Code

Developers often use words like “monolithic,” “blob” and “tangled” to describe the code underpinning bitcoin. These words paint a picture of how difficult the code can be to comprehend and, in turn, work with, and it’s not exactly a comforting thought for a network...

Not everything is tameable – that’s a truism that might apply to bitcoin above all. Recently, researchers from City University and Stockholm University introduced the concept of the “bandit organization,” calling it “a form of association or ‘band’ (frequently led by a charismatic individual)...

Welcome to Bitcoin Country: Silk Road and the Lost Threads of Agorism

Not everything is tameable – that’s a truism that might apply to bitcoin above all. Recently, researchers from City University and Stockholm University introduced the concept of the “bandit organization,” calling it “a form of association or ‘band’ (frequently led by a charismatic individual)...

Ethereum users may soon be getting a much-needed privacy boost. Long a shortcoming for all public blockchain networks, the world’s second-largest blockchain is nonetheless aiming for big improvements in its upcoming Byzantium release. For most buy-and-hold users, these limitations might not be apparent, but that’s...

Better in Byzantium? Ethereum Takes Baby Steps Toward a Privacy Boost

Ethereum users may soon be getting a much-needed privacy boost. Long a shortcoming for all public blockchain networks, the world’s second-largest blockchain is nonetheless aiming for big improvements in its upcoming Byzantium release. For most buy-and-hold users, these limitations might not be apparent, but that’s...

As many as four blockchain-related amendments, funding various initiatives, could find their way into the European Union’s 2018 budget. Public documents published yesterday reveal a proposal to use blockchain as a payments rail for an EU-wide free Wi-Fi access project, as well as funding...

EU Budget Amendments Call For Millions in Blockchain Funding

As many as four blockchain-related amendments, funding various initiatives, could find their way into the European Union’s 2018 budget. Public documents published yesterday reveal a proposal to use blockchain as a payments rail for an EU-wide free Wi-Fi access project, as well as funding...

The developers behind a bitcoin privacy solution called Dandelion have unveiled a new roadmap that addresses previously discovered code issues. Originally launched in January, Dandelion modifies the bitcoin network’s payment protocol to conceal the original IP address behind a transaction. It does this by breaking...

Bitcoin Developers Reveal Roadmap for ‘Dandelion’ Privacy Project

The developers behind a bitcoin privacy solution called Dandelion have unveiled a new roadmap that addresses previously discovered code issues. Originally launched in January, Dandelion modifies the bitcoin network’s payment protocol to conceal the original IP address behind a transaction. It does this by breaking...

The lawyer who asked a Nebraska state legal ethics board about accepting bitcoin as payment says his practice will soon begin taking the cryptocurrency. As CoinDesk previously reported, the Nebraska Lawyers’ Advisory Committee was asked if lawyers could accept bitcoin from either a client...

Nebraska Lawyers to Begin Accepting Bitcoin Following State Panel Approval

The lawyer who asked a Nebraska state legal ethics board about accepting bitcoin as payment says his practice will soon begin taking the cryptocurrency. As CoinDesk previously reported, the Nebraska Lawyers’ Advisory Committee was asked if lawyers could accept bitcoin from either a client...

Y Combinator, the Silicon Valley-based startup accelerator, is looking at blockchain as a possible way to boost access for investors. Sam Altman, who serves as president of the accelerator, highlighted the plan during this week’s TechCrunch Disrupt event in San Francisco. While the strategy...

Y Combinator President Calls ICOs A ‘Bubble’ – But His Firm Might Use Blockchain

Y Combinator, the Silicon Valley-based startup accelerator, is looking at blockchain as a possible way to boost access for investors. Sam Altman, who serves as president of the accelerator, highlighted the plan during this week’s TechCrunch Disrupt event in San Francisco. While the strategy...

Blockchain is in America’s “national interest.” That’s according to J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC), who issued the bold proclamation in remarks at a gathering of government technology executives in Washington, D.C. Wednesday morning. But while the blockchain industry has...

CFTC Chair Giancarlo: Embracing Blockchain Is in the ‘National Interest’

Blockchain is in America’s “national interest.” That’s according to J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC), who issued the bold proclamation in remarks at a gathering of government technology executives in Washington, D.C. Wednesday morning. But while the blockchain industry has...

World boxing champion Floyd Mayweather, popular for his uncommon attitude towards money, has taken his relationship with cryptocurrency a step further by partnering with Centra Card to spend his cryptocurrency in mainstream commerce. With posts under some of his social media handles earlier this...

Popularity of Crypto Debit Cards Will Encourage Mainstream Adoption

World boxing champion Floyd Mayweather, popular for his uncommon attitude towards money, has taken his relationship with cryptocurrency a step further by partnering with Centra Card to spend his cryptocurrency in mainstream commerce. With posts under some of his social media handles earlier this...

  If you haven’t heard of Ripple (XRP) already, now is a good time to get to know the digital currency. Though still low key, Ripple has huge potential and could soon rival Bitcoin. So what exactly is Ripple? Ripple uses blockchain and distributed...

Is Ripple Poised To Disrupt Bitcoin?

  If you haven’t heard of Ripple (XRP) already, now is a good time to get to know the digital currency. Though still low key, Ripple has huge potential and could soon rival Bitcoin. So what exactly is Ripple? Ripple uses blockchain and distributed...

Regardless of its recent crackdown on bitcoin exchanges and initial coin offerings (ICOs), China’s government still appears committed to the potential of blockchain in other areas. According to a report by Caixin, the country’s Ministry of Industry and Information Technology has launched a research...

China’s IT Ministry Backs New Blockchain Research Lab

Regardless of its recent crackdown on bitcoin exchanges and initial coin offerings (ICOs), China’s government still appears committed to the potential of blockchain in other areas. According to a report by Caixin, the country’s Ministry of Industry and Information Technology has launched a research...

When the price of bitcoin plunges — as it did last week — seasoned investors are caught in a market that doesn’t exactly have the mechanisms they’re used to. Case and point, hedging long positions, is today a difficult prospect. Unlike most traditional stocks,...

Bitcoin’s Parimutuel Problem (Or Why Shorting Doesn’t Pay Today)

When the price of bitcoin plunges — as it did last week — seasoned investors are caught in a market that doesn’t exactly have the mechanisms they’re used to. Case and point, hedging long positions, is today a difficult prospect. Unlike most traditional stocks,...

South Africa’s second-largest supermarket chain tested bitcoin payments earlier this year – but it doesn’t plan to roll out the option to its stores anytime soon, according to its CEO. Pick n Pay, which operates in a number of African countries as well as...

Pick n Pay Double Take? The Supermarket Chain Isn’t Accepting Bitcoin, It Tested It

South Africa’s second-largest supermarket chain tested bitcoin payments earlier this year – but it doesn’t plan to roll out the option to its stores anytime soon, according to its CEO. Pick n Pay, which operates in a number of African countries as well as...

  The bitcoin-US dollar BTC/USD) exchange rate closed above the 50-day moving average yesterday – crossing a key milestone for the first time since September 13. However, while this might be read as a bullish signal, the follow-through has not been encouraging so far....

Bull Signal? Bitcoin’s Price Breaks Above 50-Day Moving Average

  The bitcoin-US dollar BTC/USD) exchange rate closed above the 50-day moving average yesterday – crossing a key milestone for the first time since September 13. However, while this might be read as a bullish signal, the follow-through has not been encouraging so far....

An adviser to Russian President Vladimir Putin has a strong message for state governments: stop competing for blockchain dominance. As China, Russia, the U.S. and other countries around the globe seek to distinguish themselves in the way they regulate their approach to blockchain and...

Blockchain Truce? Putin’s Internet Adviser Calls for US-Russia Cooperation

An adviser to Russian President Vladimir Putin has a strong message for state governments: stop competing for blockchain dominance. As China, Russia, the U.S. and other countries around the globe seek to distinguish themselves in the way they regulate their approach to blockchain and...

Bitcoin wallet startup Luno has raised $9 million in new funding as part of a Series B round. Announced today, the round was led by Balderton Capital, a London-based VC firm that has invested in startups like Revolut, which launched cryptocurrency services earlier this...

$9 Million: Bitcoin Startup Luno Completes Series B Funding

Bitcoin wallet startup Luno has raised $9 million in new funding as part of a Series B round. Announced today, the round was led by Balderton Capital, a London-based VC firm that has invested in startups like Revolut, which launched cryptocurrency services earlier this...

New survey data from online student loan marketplace LendEDU suggests that younger consumers in the United States are more interested in investing in bitcoin. The startup published the results of its survey today, which was conducted online in August and drew 1,000 participants from...

Survey: Younger Americans More Likely to Invest in Bitcoin

New survey data from online student loan marketplace LendEDU suggests that younger consumers in the United States are more interested in investing in bitcoin. The startup published the results of its survey today, which was conducted online in August and drew 1,000 participants from...

The US Securities and Exchange Commission (SEC)’s investor advisory committee is set to discuss blockchain at an event next month. According to a newly published notice, the meeting – set for October 12 – will feature “a discussion regarding blockchain and other distributed ledger...

SEC Advisory Committee to Discuss Blockchain’s Investor Impact

The US Securities and Exchange Commission (SEC)’s investor advisory committee is set to discuss blockchain at an event next month. According to a newly published notice, the meeting – set for October 12 – will feature “a discussion regarding blockchain and other distributed ledger...

The Bank of International Settlements (BIS) has published a report arguing that distributed ledger technology (DLT) could help central banks replace their ageing payment systems. BIS, which is effectively a bank for central banks, commissioned the report to look at both DLT and cryptocurrencies with the...

‘End of Life Cycle’: BIS Report Positions DLT as Needed Banking Update

The Bank of International Settlements (BIS) has published a report arguing that distributed ledger technology (DLT) could help central banks replace their ageing payment systems. BIS, which is effectively a bank for central banks, commissioned the report to look at both DLT and cryptocurrencies with the...

As summer draws to a sultry close in the northern hemisphere, we should all spare a thought for those whose holidays were marred by lost luggage, hotel complications and very strange weather. However, one bane of the frequent traveller – delayed flights – could...

Now Boarding? AXA’s Ethereum Test Could Be Blockchain’s Ticket Mainstream

As summer draws to a sultry close in the northern hemisphere, we should all spare a thought for those whose holidays were marred by lost luggage, hotel complications and very strange weather. However, one bane of the frequent traveller – delayed flights – could...

Joshua Ashley Klayman is a counsel in the Finance + Projects group at global law firm Morrison & Foerster LLP and co-head of the firm’s Blockchain + Smart Contracts group. Martin Kovnats, Donald Johnston, Matthew Liberatore and Shannon Corregan work at Canadian law firm Aird...

Canada Confirms Tokens May Be Securities and Pacific Coin Is the Test

Joshua Ashley Klayman is a counsel in the Finance + Projects group at global law firm Morrison & Foerster LLP and co-head of the firm’s Blockchain + Smart Contracts group. Martin Kovnats, Donald Johnston, Matthew Liberatore and Shannon Corregan work at Canadian law firm Aird...

There’s a new party interested in initial coin offerings (ICOs): global governments. This time, though, they aren’t just out to warn citizens or regulate the new mechanism. Instead, at least one progressive government is considering whether it can take advantage of the technology. The...

Estonia Wants to ICO, But Is Currency Law a Deal-Breaker?

There’s a new party interested in initial coin offerings (ICOs): global governments. This time, though, they aren’t just out to warn citizens or regulate the new mechanism. Instead, at least one progressive government is considering whether it can take advantage of the technology. The...

Developers at some of the top tech companies have created a browser API that could soon make it easier to buy goods and services online with cryptocurrency. The work, started by the World Wide Web Consortium (W3C) with the help of Microsoft, Google, Facebook, Apple...

Bitcoin in the Browser: Google, Apple and More Adopting Crypto-Compatible API

Developers at some of the top tech companies have created a browser API that could soon make it easier to buy goods and services online with cryptocurrency. The work, started by the World Wide Web Consortium (W3C) with the help of Microsoft, Google, Facebook, Apple...

Marc Hochstein is the managing editor for CoinDesk and a former editor-in-chief of American Banker. In this opinion piece, Hochstein takes a quick look at the current state of the bitcoin markets, finding that just because there’s smoke, there’s not necessarily fire. Tl;dr: this...

China, Shmyna: Bitcoin Trading Is Way More Distributed Now Anyway

Marc Hochstein is the managing editor for CoinDesk and a former editor-in-chief of American Banker. In this opinion piece, Hochstein takes a quick look at the current state of the bitcoin markets, finding that just because there’s smoke, there’s not necessarily fire. Tl;dr: this...

Cryptocurrency trading volume reached a new milestone on Friday, crossing $11 billion for the first time amid regulatory uncertainty in China. Crypto Markets Post Record Volume According to data obtained from CoinMarketCap, the combined 24-hour trading volume of all cryptocurrencies rose to $11.5 billion...

$11 Billion: 24-Hour Cryptocurrency Trading Volume Hits New Record

Cryptocurrency trading volume reached a new milestone on Friday, crossing $11 billion for the first time amid regulatory uncertainty in China. Crypto Markets Post Record Volume According to data obtained from CoinMarketCap, the combined 24-hour trading volume of all cryptocurrencies rose to $11.5 billion...

BTC-e appears to have successfully launched a new bitcoin exchange platform. Announced today via Twitter, WEX is allegedly the result of a months-long effort by the bitcoin exchange to return service to customers after it was raided and fined by US authorities in July. But...

Meet WEX: Bitcoin Exchange Launches for BTC-e Users with BTC-e Design

BTC-e appears to have successfully launched a new bitcoin exchange platform. Announced today via Twitter, WEX is allegedly the result of a months-long effort by the bitcoin exchange to return service to customers after it was raided and fined by US authorities in July. But...

Amidst the current crackdown on initial coin offerings (ICOs) in China and around the globe, some cryptocurrency fans are holding strong. International boxing star Floyd Mayweather, for one, posted yet another image on social media citing his allegiance to an ICO yesterday. No industry...

Floyd Mayweather Stumps for Crypto Credit Card in Latest ICO Promotion

Amidst the current crackdown on initial coin offerings (ICOs) in China and around the globe, some cryptocurrency fans are holding strong. International boxing star Floyd Mayweather, for one, posted yet another image on social media citing his allegiance to an ICO yesterday. No industry...

The sell-off in the bitcoin-US dollar exchange rate (BTC/USD) appears to have stalled, with prices trading at $3,550 at press time. Over the course of a volatile day, the cryptocurrency fell to a low of $2,980 oversold technical conditions came into play, as we discussed...

Back at $3,500: Has Bitcoin’s Price Found a Short-Term Bottom?

The sell-off in the bitcoin-US dollar exchange rate (BTC/USD) appears to have stalled, with prices trading at $3,550 at press time. Over the course of a volatile day, the cryptocurrency fell to a low of $2,980 oversold technical conditions came into play, as we discussed...

“Why won’t you die?” That’s what Josh Brown, money manager and CEO of Ritholtz Wealth Management, kept asking himself as he watched the price of bitcoin rise and rise. After years of skepticism toward cryptocurrency, Brown finally relented, buying bitcoin for the first time in...

From Bear to Bull: Bitcoin Just Won’t Die (So Josh Brown Buys)

“Why won’t you die?” That’s what Josh Brown, money manager and CEO of Ritholtz Wealth Management, kept asking himself as he watched the price of bitcoin rise and rise. After years of skepticism toward cryptocurrency, Brown finally relented, buying bitcoin for the first time in...

Gene Simmons, the co-founder and front-man for the 70’s rock band Kiss, is a fan of bitcoin, according to a new interview. Simmons revealed his interest in an interview with TheStreet, during which he said he views the cryptocurrency primarily as an investment that...

Kiss Front-Man Gene Simmons Is ‘Interested in Bitcoin’

Gene Simmons, the co-founder and front-man for the 70’s rock band Kiss, is a fan of bitcoin, according to a new interview. Simmons revealed his interest in an interview with TheStreet, during which he said he views the cryptocurrency primarily as an investment that...

The bitcoin-US dollar exchange (BTC/USD) rate fell to a fresh four-week low of $3,413 this morning following reports that Shanghai-based bitcoin exchange BTCC will shut down its domestic trading operations effective September 30. As such, the announcement is the latest that supports the rumor regulators...

Bitcoin Price Drops Below $3,500, But Is Relief Rally In Sight?

The bitcoin-US dollar exchange (BTC/USD) rate fell to a fresh four-week low of $3,413 this morning following reports that Shanghai-based bitcoin exchange BTCC will shut down its domestic trading operations effective September 30. As such, the announcement is the latest that supports the rumor regulators...

Cryptocurrency exchanges are not allowed in Namibia under a decades-old law, and merchants in the African country may not accept them as payment for goods and services, the nation’s central bank has said. In a new nine-page position paper, the Bank of Namibia said...

Namibian Central Bank: Bitcoin Purchases Illegal Under Law

Cryptocurrency exchanges are not allowed in Namibia under a decades-old law, and merchants in the African country may not accept them as payment for goods and services, the nation’s central bank has said. In a new nine-page position paper, the Bank of Namibia said...

John McAfee on Wednesday challenged JPMorgan CEO Jamie Dimon‘s skepticism of bitcoin. Dimon on Tuesday called bitcoin a “fraud” that will eventually blow up. McAfee, whose company MGT Capital Investments mines the cryptocurrency, said he respects Dimon and people in his position “are not...

John McAfee challenges Jamie Dimon’s bitcoin skepticism

John McAfee on Wednesday challenged JPMorgan CEO Jamie Dimon‘s skepticism of bitcoin. Dimon on Tuesday called bitcoin a “fraud” that will eventually blow up. McAfee, whose company MGT Capital Investments mines the cryptocurrency, said he respects Dimon and people in his position “are not...

A minister within the Russian government is speaking out against the idea cryptocurrencies should be banned, calling the technology “impossible to ignore.” Mikhail Abyzov, who was appointed Minister for Open Government in 2012, made the remarks during an interview with Russian-language news source RIA this...

Russian Minister: It’s ‘Impossible’ to Ignore Cryptocurrencies

A minister within the Russian government is speaking out against the idea cryptocurrencies should be banned, calling the technology “impossible to ignore.” Mikhail Abyzov, who was appointed Minister for Open Government in 2012, made the remarks during an interview with Russian-language news source RIA this...

A financial services regulator in Dubai has issued a warning on initial coin offerings (ICOs) to investors. The Dubai Financial Services Authority (DFSA), in a new statement, became the latest markets regulator to urge caution to prospective investors, a list which include agencies from...

Dubai Financial Regulator Issues Warning on ICOs

A financial services regulator in Dubai has issued a warning on initial coin offerings (ICOs) to investors. The Dubai Financial Services Authority (DFSA), in a new statement, became the latest markets regulator to urge caution to prospective investors, a list which include agencies from...

The bitcoin-US dollar exchange rate fell below $4,000 on Tuesday, extending losses in the overnight trade to hit a three-week low of $3,781. At press time, the cryptocurrency is trading at $3,844 levels, which amounts to a 25% drop from the record high of...

Correction Not a Crash: Bitcoin Price Eyes $3,000 as Traders Take Profits

The bitcoin-US dollar exchange rate fell below $4,000 on Tuesday, extending losses in the overnight trade to hit a three-week low of $3,781. At press time, the cryptocurrency is trading at $3,844 levels, which amounts to a 25% drop from the record high of...

After mounting a modest recovery in the wake of rumored regulatory scrutiny, the price of bitcoin is back below $4,000. The average price of bitcoin across global exchanges fell below $4,000 at roughly 3:15 UTC today, hitting a low not observed since September 10....

Bitcoin Drops Below $4,000 as Market Mood Turns Uncertain

After mounting a modest recovery in the wake of rumored regulatory scrutiny, the price of bitcoin is back below $4,000. The average price of bitcoin across global exchanges fell below $4,000 at roughly 3:15 UTC today, hitting a low not observed since September 10....

North Korea, a pariah state widely believed to have been behind cyberattacks on financial institutions around the world in recent years, may also have tried to pilfer cryptocurrencies to get around sanctions, a prominent cybersecurity firm said. Actors tied to the isolated nation have...

North Korea Is Targeting South Korea’s Bitcoin Exchanges, Report Claims

North Korea, a pariah state widely believed to have been behind cyberattacks on financial institutions around the world in recent years, may also have tried to pilfer cryptocurrencies to get around sanctions, a prominent cybersecurity firm said. Actors tied to the isolated nation have...

JPMorgan Chase chief executive Jamie Dimon doubled down on his past criticisms of bitcoin today, declaring it a “fraud” and saying he would fire any trader known to be trading the cryptocurrency. Dimon gave the remarks during an appearance at an event hosted by...

JP Morgan’s Jamie Dimon: Bitcoin Is a ‘Fraud’

JPMorgan Chase chief executive Jamie Dimon doubled down on his past criticisms of bitcoin today, declaring it a “fraud” and saying he would fire any trader known to be trading the cryptocurrency. Dimon gave the remarks during an appearance at an event hosted by...

BitKan, a over-the-counter (OTC) trading service for cryptocurrencies in China, announced today that it will suspend its OTC operations amid growing scrutiny from regulator, a notable development given rumors that OTC markets may be excluded from a possible ban. In the news post, BitKan...

Bitcoin OTC Service Suspends Trading Citing China Pressure

BitKan, a over-the-counter (OTC) trading service for cryptocurrencies in China, announced today that it will suspend its OTC operations amid growing scrutiny from regulator, a notable development given rumors that OTC markets may be excluded from a possible ban. In the news post, BitKan...

The team behind the open-source, bitcoin-powered marketplace OpenBazaar has published the beta version of its forthcoming 2.0 release. The launch, announced over the weekend, delivers a number of additions that developers outlined back in February. Among those is an integration with The Onion Router (Tor)...

Tor and More: Bitcoin Market OpenBazaar Adds Features in 2.0 Beta Release

The team behind the open-source, bitcoin-powered marketplace OpenBazaar has published the beta version of its forthcoming 2.0 release. The launch, announced over the weekend, delivers a number of additions that developers outlined back in February. Among those is an integration with The Onion Router (Tor)...

The bitcoin-US dollar exchange rate (BTC/USD) may have climbed back above $4,000, but it might be ready to push higher even though China uncertainty reigns supreme. Following reports the country’s regulators may be seeking to shut down domestic bitcoin exchanges, the bitcoin price fell to...

Bitcoin Finds Bottom at $4,000 as Price Awaits Post-China Breakout

The bitcoin-US dollar exchange rate (BTC/USD) may have climbed back above $4,000, but it might be ready to push higher even though China uncertainty reigns supreme. Following reports the country’s regulators may be seeking to shut down domestic bitcoin exchanges, the bitcoin price fell to...

Microsoft is stepping into a new role as matchmaker in its creation of the Microsoft Azure Blockchain Council. Confirmed in new statements to CoinDesk, the council has been established to better connect those looking for distributed ledger tools with the kinds of companies that...

Microsoft Plays Blockchain Matchmaker with Azure Council Creation

Microsoft is stepping into a new role as matchmaker in its creation of the Microsoft Azure Blockchain Council. Confirmed in new statements to CoinDesk, the council has been established to better connect those looking for distributed ledger tools with the kinds of companies that...

David M. Adlerstein is counsel at New York law firm Wachtell, Lipton Rosen & Katz, where he focuses on mergers and acquisitions, corporate, securities law and regulatory matters. In this opinion piece, Adlerstein highlights a deficiency of many ICOs that he believes has received...

The ICO Governance Deficit

David M. Adlerstein is counsel at New York law firm Wachtell, Lipton Rosen & Katz, where he focuses on mergers and acquisitions, corporate, securities law and regulatory matters. In this opinion piece, Adlerstein highlights a deficiency of many ICOs that he believes has received...

Computer scientists from the Swiss university ETH Zürich have found a way to make off-blockchain payment networks even more scalable. At the heart of this work lies bitcoin’s years-old scaling debate, which comes down to the fact that bitcoin and all cryptocurrencies today have limited...

Scaling Lightning? How Revive Could Boost Bitcoin’s Boldest Scaling Plan

Computer scientists from the Swiss university ETH Zürich have found a way to make off-blockchain payment networks even more scalable. At the heart of this work lies bitcoin’s years-old scaling debate, which comes down to the fact that bitcoin and all cryptocurrencies today have limited...

Joshua Cook is a corporate and securities partner at business law firm Gunderson Dettmer, where he specializes in the representation of emerging growth companies and private equity investment funds. In this opinion piece, Cook gives his view on developments in the fast-growing blockchain use case,...

ICOs: Compelling Advantages, Real Risk

Joshua Cook is a corporate and securities partner at business law firm Gunderson Dettmer, where he specializes in the representation of emerging growth companies and private equity investment funds. In this opinion piece, Cook gives his view on developments in the fast-growing blockchain use case,...

The Oaktree Capital co-chairman who called cryptocurrencies “not real” in July appears to be rethinking his earlier position. In a new investor note published September 7, Howard Marks revisited the topic he explored earlier this summer, when at the time he dubbed cryptocurrencies “an unfounded fad” that...

Howard Marks Softens Cryptocurrency Stance After ‘Not Real’ Comments

The Oaktree Capital co-chairman who called cryptocurrencies “not real” in July appears to be rethinking his earlier position. In a new investor note published September 7, Howard Marks revisited the topic he explored earlier this summer, when at the time he dubbed cryptocurrencies “an unfounded fad” that...

Regulators in China are said to be considering a move to close all domestic bitcoin and cryptocurrency exchanges. According to a report from business media Caixin, sources close to China’s internet financial risk rectification work group, have said the decision has not only been...

Report Casts Doubt on Future of China’s Bitcoin Exchanges

Regulators in China are said to be considering a move to close all domestic bitcoin and cryptocurrency exchanges. According to a report from business media Caixin, sources close to China’s internet financial risk rectification work group, have said the decision has not only been...

Blockchain, the provider of the world’s most popular bitcoin wallet, has entered a strategic partnership with Indian cryptocurrency exchange Unocoin. The news means that Unocoin’s exchange services are now directly available within the Blockchain wallet, allowing users to more easily buy and sell bitcoin....

Wallet Provider Blockchain Partners With Indian Bitcoin Exchange

Blockchain, the provider of the world’s most popular bitcoin wallet, has entered a strategic partnership with Indian cryptocurrency exchange Unocoin. The news means that Unocoin’s exchange services are now directly available within the Blockchain wallet, allowing users to more easily buy and sell bitcoin....

Digital identity startup Cambridge Blockchain is opening a new office in Paris. The Massachusetts-based firm is setting up shop at at a startup campus founded by Partech Ventures, which invested in Cambridge Blockchain’s $2 million funding round earlier this year. That the startup would...

Cambridge Blockchain Joins Government-Backed DLT Group in Luxembourg

Digital identity startup Cambridge Blockchain is opening a new office in Paris. The Massachusetts-based firm is setting up shop at at a startup campus founded by Partech Ventures, which invested in Cambridge Blockchain’s $2 million funding round earlier this year. That the startup would...

Members of a Russian political organization formed by President Vladimir Putin have announced plans to advocate for an eco-friendly cryptocurrency. The All-Russia People’s Front, known as ONF and formed in 2011, recently organized a conference focused on the environment. It was there, according to...

Putin-Backed Political Group Advances ‘Green’ Cryptocurrency Concept

Members of a Russian political organization formed by President Vladimir Putin have announced plans to advocate for an eco-friendly cryptocurrency. The All-Russia People’s Front, known as ONF and formed in 2011, recently organized a conference focused on the environment. It was there, according to...

The Isle of Man is opening its doors to entrepreneurs looking to launch initial coin offerings (ICO). In an interview today, Brian Donegan, head of operations for fintech and digital development at the Isle of Man’s Department of Economic Development, told CoinDesk that the...

ICOs Welcome: Isle of Man to Unveil Friendly Framework for Token Sales

The Isle of Man is opening its doors to entrepreneurs looking to launch initial coin offerings (ICO). In an interview today, Brian Donegan, head of operations for fintech and digital development at the Isle of Man’s Department of Economic Development, told CoinDesk that the...

Cryptocurrency exchanges in China are moving to delist cryptographic tokens sold through initial coin offerings (ICOs) in the wake of a government crackdown on the funding model. As previously reported, regulators issued a statement over the weekend which declared that ICOs constitute an illegal form of...

China’s Exchanges Yank Token Listings Amid ICO Ban Fallout

Cryptocurrency exchanges in China are moving to delist cryptographic tokens sold through initial coin offerings (ICOs) in the wake of a government crackdown on the funding model. As previously reported, regulators issued a statement over the weekend which declared that ICOs constitute an illegal form of...

The litecoin price surged to an all-time high of over $90 on September 1, taking its year-to-date gains above 2,000 percent. But while the cryptocurrency was riding high on technological advances, China’s abrupt ICO ban delivered a blow to...

Litecoin Retreats From All-Time Highs, But Is $100 in Reach?

The litecoin price surged to an all-time high of over $90 on September 1, taking its year-to-date gains above 2,000 percent. But while the cryptocurrency was riding high on technological advances, China’s abrupt ICO ban delivered a blow to...

After declining nearly 25% from an all-time high observed earlier this week, the cryptocurrency market is once again in the green. Heading into Wednesday’s trading session, the value of all publicly traded cryptocurrencies was once again on the rise, climbing 17% from a low...

Cryptocurrency Prices Rise Back Above $150 Billion as Investment Rebounds

After declining nearly 25% from an all-time high observed earlier this week, the cryptocurrency market is once again in the green. Heading into Wednesday’s trading session, the value of all publicly traded cryptocurrencies was once again on the rise, climbing 17% from a low...

Canada’s financial intelligence agency, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), has concerns over the role of cryptocurrency in crime and policing problems caused by the tech’s anonymity, according to a new report. The Globe and Mail reports that, citing FINTRAC documents and presentations (obtained through...

Report: Canadian Finance Watchdog Has Concerns Over Blockchain Anonymity

Canada’s financial intelligence agency, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), has concerns over the role of cryptocurrency in crime and policing problems caused by the tech’s anonymity, according to a new report. The Globe and Mail reports that, citing FINTRAC documents and presentations (obtained through...

The Internet Archive, the nonprofit digital library dedicated to providing “open access to all knowledge,” has spoken out on why it accepts – and holds onto – the bitcoin donations it receives. In a recent blog post, the organisation spelled out that it includes the cryptocurrency on its balance...

‘Not an Investment’: Internet Archive Defends Decision to Hold Bitcoin

The Internet Archive, the nonprofit digital library dedicated to providing “open access to all knowledge,” has spoken out on why it accepts – and holds onto – the bitcoin donations it receives. In a recent blog post, the organisation spelled out that it includes the cryptocurrency on its balance...

The ether-US dollar exchange rate (ETH/USD) nosedived on Monday after reports hit the wires that China has officially banned ICOs. Other digital currencies like bitcoin, bitcoin cash and others were dragged lower as well. It’s a notable development for the industry – the world’s number...

Heading Up? Ether Prices Consolidate After China’s ICO Crackdown

The ether-US dollar exchange rate (ETH/USD) nosedived on Monday after reports hit the wires that China has officially banned ICOs. Other digital currencies like bitcoin, bitcoin cash and others were dragged lower as well. It’s a notable development for the industry – the world’s number...

Bitcoin appears to be moving into a new period of price discovery. Following a new ruling that finds China’s regulators moving to outlaw initial coin offerings (sales of new cryptographic tokens often exchanged for bitcoin), the bitcoin price fell to its lowest total since...

Bitcoin’s Price Is Now Down 20% from Its $5,000 High

Bitcoin appears to be moving into a new period of price discovery. Following a new ruling that finds China’s regulators moving to outlaw initial coin offerings (sales of new cryptographic tokens often exchanged for bitcoin), the bitcoin price fell to its lowest total since...

The cryptocurrency market is a sea of red today, a development skeptics will no doubt quickly use to make the case against bitcoin as a 21st century gold. In times of economic or political stress, investors prefer to hold safe haven assets, and while many...

Bitcoin Price Corrects on China News, But Uptrend Still Intact

The cryptocurrency market is a sea of red today, a development skeptics will no doubt quickly use to make the case against bitcoin as a 21st century gold. In times of economic or political stress, investors prefer to hold safe haven assets, and while many...

Eugene Etsebeth is a former central bank technologist with the South African Reserve Bank. There, he notably chaired the virtual currency and distributed ledger working group. In this opinion piece, Etsebeth outlines why he believes all central banks will attempt to dematerialise notes and coins...

Central Banks, Cryptocurrency and the Quest to Dematerialize Money

Eugene Etsebeth is a former central bank technologist with the South African Reserve Bank. There, he notably chaired the virtual currency and distributed ledger working group. In this opinion piece, Etsebeth outlines why he believes all central banks will attempt to dematerialise notes and coins...

  Just two days after achieving a historic high of over $5,000 on September 2, bitcoin’s price has plummeted to below $4,400. The notable sell-off – the biggest in the crypto markets since July 15 – began immediately after the record high of $5,013.91 had been...

Bitcoin Price Falls Below $4,500 as Crypto Markets Lose Billions

  Just two days after achieving a historic high of over $5,000 on September 2, bitcoin’s price has plummeted to below $4,400. The notable sell-off – the biggest in the crypto markets since July 15 – began immediately after the record high of $5,013.91 had been...

The total value of all cryptocurrencies has dropped 11 percent since Saturday, declining from a high of nearly $180 billion to under $160 billion today. But that might not be cause for alarm, according to one bullish analyst. In fact, Ronnie Moas, the founder of Standpoint...

As Crypto Market Sheds Billions, One Analyst Sees Buying Opportunity

The total value of all cryptocurrencies has dropped 11 percent since Saturday, declining from a high of nearly $180 billion to under $160 billion today. But that might not be cause for alarm, according to one bullish analyst. In fact, Ronnie Moas, the founder of Standpoint...

After Reaching $5K, Bitcoin Bears Take the Reigns Bitcoin climbed the mountain to the $5K territory on a few eastern exchanges yesterday exciting bitcoin proponents everywhere. However, following the highs, bitcoin’s price dropped seven legs down to a low of $4,475 per BTC. Bitcoin’s market...

MARKETS UPDATE: BITCOIN TAKES A $300 DIP AFTER A BIG RUN

After Reaching $5K, Bitcoin Bears Take the Reigns Bitcoin climbed the mountain to the $5K territory on a few eastern exchanges yesterday exciting bitcoin proponents everywhere. However, following the highs, bitcoin’s price dropped seven legs down to a low of $4,475 per BTC. Bitcoin’s market...

Regulators in China have reportedly made up their mind to crack down on initial coin offerings (ICOs), the nascent funding mechanism through which blockchain projects have now raised more than $1.8 billion. According to a report from Caixin, although the official statements have not been...

Report: China’s Regulators Close to Taking Action Against ICOs

Regulators in China have reportedly made up their mind to crack down on initial coin offerings (ICOs), the nascent funding mechanism through which blockchain projects have now raised more than $1.8 billion. According to a report from Caixin, although the official statements have not been...

It’s the biggest sell-off since mid-July. At press time, the total value of all publicly traded cryptocurrencies was $166 billion, a figure that was down more than 7 percent from a high of nearly $180 billion last night. That’s when bitcoin, surging on technical...

Bitcoin Drops Below $5,000 as Crypto Markets See $13 Billion Sell-Off

It’s the biggest sell-off since mid-July. At press time, the total value of all publicly traded cryptocurrencies was $166 billion, a figure that was down more than 7 percent from a high of nearly $180 billion last night. That’s when bitcoin, surging on technical...

An official for Russia’s national legislature believes that new laws regulating the exchange of cryptocurrencies will be complete by the end of the fall. Anatoly Aksakov, who leads the State Duma’s financial markets committee, told Russian media this week that next steps involve the formation...

Russia Could Pass Cryptocurrency Law This Year, Senior Lawmaker Says

An official for Russia’s national legislature believes that new laws regulating the exchange of cryptocurrencies will be complete by the end of the fall. Anatoly Aksakov, who leads the State Duma’s financial markets committee, told Russian media this week that next steps involve the formation...

  Via CoinMarketCap Markets continue to be buoyant today with gains across many of the top cryptocurrencies, including most notably, perhaps, litecoin. The digital asset once dubbed “the silver to bitcoin’s gold” passed $78 to achieve a new all-time high at 06:54 UTC this morning, according to CoinMarketCap data. Standing...

Litecoin Surges to New High Amid Buoyant Cryptocurrency Markets

  Via CoinMarketCap Markets continue to be buoyant today with gains across many of the top cryptocurrencies, including most notably, perhaps, litecoin. The digital asset once dubbed “the silver to bitcoin’s gold” passed $78 to achieve a new all-time high at 06:54 UTC this morning, according to CoinMarketCap data. Standing...

Bitcoin’s price briefly passed above the $4,800 mark for the first time today. According to data from CoinDesk’s Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading....

Bitcoin Price Jumps Above $4,800 for the First Time

Bitcoin’s price briefly passed above the $4,800 mark for the first time today. According to data from CoinDesk’s Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading....

BTC-e, the bitcoin exchange charged by US authorities last month with a host of money laundering crimes, has launched a new website weeks after its original one was seized by law enforcement. The site is accessible through the domain btc-e.nz, though it appears that users in some...

Weeks After Seizure, Troubled Bitcoin Exchange BTC-e Is Back Online

BTC-e, the bitcoin exchange charged by US authorities last month with a host of money laundering crimes, has launched a new website weeks after its original one was seized by law enforcement. The site is accessible through the domain btc-e.nz, though it appears that users in some...

A platform for investing in initial coin offerings (ICO)s in China has suspended its services as government officials reportedly begin scrutinizing the funding model more closely. ICOINFO, in a notice posted to its website, cited “a shifting regulatory environment” in its decision to freeze...

Chinese ICO Site Suspends Services Amid Reports of Regulator Scrutiny

A platform for investing in initial coin offerings (ICO)s in China has suspended its services as government officials reportedly begin scrutinizing the funding model more closely. ICOINFO, in a notice posted to its website, cited “a shifting regulatory environment” in its decision to freeze...

The creator of the first ever commercial fuel pump to accept bitcoin has revealed a plan to add Lightning Network functionality to his design. The original machine, designed and built by Andy Schroder in 2014, allows users to scan a QR code and send bitcoin instead of more traditional...

Creator of World’s First Bitcoin Fuel Pump Plans Lightning Support

The creator of the first ever commercial fuel pump to accept bitcoin has revealed a plan to add Lightning Network functionality to his design. The original machine, designed and built by Andy Schroder in 2014, allows users to scan a QR code and send bitcoin instead of more traditional...

The chief internet advisor to Russian President Vladimir Putin has announced the creation of a new association focused on blockchain and cryptocurrency, reports say. According to local news source RNS, Herman Klimenko revealed the new group – the Russian Association of Blockchain and Cryptocurrency (RABIK) – yesterday during...

Putin Advisor Announces New Blockchain Advocacy Group

The chief internet advisor to Russian President Vladimir Putin has announced the creation of a new association focused on blockchain and cryptocurrency, reports say. According to local news source RNS, Herman Klimenko revealed the new group – the Russian Association of Blockchain and Cryptocurrency (RABIK) – yesterday during...

Chip maker AMD rolled out a new graphics card (GPU) earlier this week – and the product swiftly sold out in minutes. Tech bloggers closely watched the release of the Vega 56, which was released on popular online marketplaces like Newegg and Ebay on on...

New AMD Graphics Card Sells Out In Minutes Amid Crypto Mining Boom

Chip maker AMD rolled out a new graphics card (GPU) earlier this week – and the product swiftly sold out in minutes. Tech bloggers closely watched the release of the Vega 56, which was released on popular online marketplaces like Newegg and Ebay on on...

A UK-based startup has announced an ethereum-powered platform aimed to reward users for sharing their transport data. DOVU, which reportedly already has notable investors on board, plans to create a secure environment for individuals and companies to share any data relating to mobility – such as location,...

Jaguar-Backed Blockchain Startup Wants to Trade Tokens for Transport Data

A UK-based startup has announced an ethereum-powered platform aimed to reward users for sharing their transport data. DOVU, which reportedly already has notable investors on board, plans to create a secure environment for individuals and companies to share any data relating to mobility – such as location,...

  The markets for crypto- currencies are making a dramatic shift which will create huge profits reaching unbelievable levels. Therefore, your best once-in-a-lifetime opportunity to create massive wealth is right here and NOW! The price of bitcoin is now trading at its’ highest level...

Once-In-A-Lifetime Opportunity! A Paradigm Shift!

  The markets for crypto- currencies are making a dramatic shift which will create huge profits reaching unbelievable levels. Therefore, your best once-in-a-lifetime opportunity to create massive wealth is right here and NOW! The price of bitcoin is now trading at its’ highest level...

A team of monero enthusiasts based in Hong Kong have launched an alternative version of LocalBitcoins.com. Called LocalMonero.co, the website will connect buyers and sellers of the cryptocurrency based on country of residence. Users can meet and exchange monero for cash, or buy it online...

Monero Is Getting Its Own Version of LocalBitcoins

A team of monero enthusiasts based in Hong Kong have launched an alternative version of LocalBitcoins.com. Called LocalMonero.co, the website will connect buyers and sellers of the cryptocurrency based on country of residence. Users can meet and exchange monero for cash, or buy it online...

Bitcoin cash’s developer team is shedding new light on how it might manage the world’s third most valuable cryptocurrency network. Details, not only about its development roadmap, but also the ideas of its development team, have so far been sparse since the new blockchain forked...

Hard Forks Galore: Bitcoin Cash Debates Ambitious Tech Roadmap

Bitcoin cash’s developer team is shedding new light on how it might manage the world’s third most valuable cryptocurrency network. Details, not only about its development roadmap, but also the ideas of its development team, have so far been sparse since the new blockchain forked...

Burger King restaurants in Russia are set to begin offering a cryptocurrency-based loyalty program. According to a blog post on Burger King Russia’s website, the “WhopperCoin” initiative will see customers receive one blockchain-based token for each ruble they spend in-store. Once 1,700 WhopperCoins have been accrued,...

WhopperCoin: Burger King Russia Launches Blockchain Loyalty Program

Burger King restaurants in Russia are set to begin offering a cryptocurrency-based loyalty program. According to a blog post on Burger King Russia’s website, the “WhopperCoin” initiative will see customers receive one blockchain-based token for each ruble they spend in-store. Once 1,700 WhopperCoins have been accrued,...

Representatives from China’s central bank and several research organizations visited San Francisco last week to find out more about blockchain technology and related financial regulation in the U.S. The trip saw Yao Qian, director of the People’s Bank of China’s Digital Currency Research Institute, as well...

China’s Central Bank Visits US on Blockchain Research Trip

Representatives from China’s central bank and several research organizations visited San Francisco last week to find out more about blockchain technology and related financial regulation in the U.S. The trip saw Yao Qian, director of the People’s Bank of China’s Digital Currency Research Institute, as well...

The price of bitcoin is now trading at its highest level ever. At press time, the average price of bitcoin across global exchanges was $4,703.21, a figure that was up roughly 4% from a previous high of $4,522.13 set on August 18. The move comes...

The Bitcoin Price Just Set a New All-Time High Above $4,700

The price of bitcoin is now trading at its highest level ever. At press time, the average price of bitcoin across global exchanges was $4,703.21, a figure that was up roughly 4% from a previous high of $4,522.13 set on August 18. The move comes...

An in-progress blockchain project could one day help users trade bitcoin for zcash without a trusted third party. Created by zcash developers Jay Graber and Ariel Gabizon, ZBXCAT is a new command-line tool that developers can use to exchange the two cryptocurrencies. With today’s bitcoin exchanges having...

Bitcoin Meets Zcash: Developers Test Tool for Trustless Trades

An in-progress blockchain project could one day help users trade bitcoin for zcash without a trusted third party. Created by zcash developers Jay Graber and Ariel Gabizon, ZBXCAT is a new command-line tool that developers can use to exchange the two cryptocurrencies. With today’s bitcoin exchanges having...

Russia’s deputy finance minister, Alexei Moiseev, has spoken out on how he believes cryptocurrencies should be regulated in the country. According to reports issued by RT yesterday, Moiseev suggested in a televised interview that bitcoin should not be classified as a currency, but rather as a property or...

Russian Regulator: Bitcoin Should Be Limited to ‘Qualified Investors’

Russia’s deputy finance minister, Alexei Moiseev, has spoken out on how he believes cryptocurrencies should be regulated in the country. According to reports issued by RT yesterday, Moiseev suggested in a televised interview that bitcoin should not be classified as a currency, but rather as a property or...

Regulators in China are discussing a plan to possibly suspend all initial coin offerings (ICOs) within the country, reports say. According to Tencent Finance, regulators proposed an action plan in a meeting on August 18 hosted by the financial market department of the People’s Bank...

Reports: China’s Regulators Consider Suspending All ICOs

Regulators in China are discussing a plan to possibly suspend all initial coin offerings (ICOs) within the country, reports say. According to Tencent Finance, regulators proposed an action plan in a meeting on August 18 hosted by the financial market department of the People’s Bank...

Vnesheconombank (VEB), the Russian state-owned development bank, and several government ministries have unveiled a new research centre focused on blockchain and other technologies. Headquartered at the National University of Science and Technology in Moscow, the centre will form part of a broader digital initiative being...

Russia’s Vnesheconombank Unveils New Blockchain Research Centre

Vnesheconombank (VEB), the Russian state-owned development bank, and several government ministries have unveiled a new research centre focused on blockchain and other technologies. Headquartered at the National University of Science and Technology in Moscow, the centre will form part of a broader digital initiative being...

A new bitcoin investment fund launched last week in the US is part of a wider strategy that includes a planned effort to offer institutional investors a way to short the market. Last week, CoinDesk reported that REX ETF, an investment firm based in Connecticut, had...

Bitcoin Short: ETF Firm Rex Eyes Downside Potential With Fund Filing

A new bitcoin investment fund launched last week in the US is part of a wider strategy that includes a planned effort to offer institutional investors a way to short the market. Last week, CoinDesk reported that REX ETF, an investment firm based in Connecticut, had...

The U.S. Securities and Exchange Commission (SEC) has ordered a temporary freeze on trading for a publicly listed bitcoin exchange company. On August 24, officials for the securities markets regulator announced a trading suspension for American Security Resources Corp. (ARSC), effective until 11:59 am ET on September...

Third in a Month: SEC Moves to Halt OTC Trading for Bitcoin Firm

The U.S. Securities and Exchange Commission (SEC) has ordered a temporary freeze on trading for a publicly listed bitcoin exchange company. On August 24, officials for the securities markets regulator announced a trading suspension for American Security Resources Corp. (ARSC), effective until 11:59 am ET on September...

China UnionPay, the payment card giant, hopes to patent a system for connecting a network of ATMs using blockchain technology, public records reveal. Documents released late last month by the State Intellectual Property Office of the People’s Republic of China details a concept by which a group of...

ATMchain? Card Giant China UnionPay Files New Blockchain Patent

China UnionPay, the payment card giant, hopes to patent a system for connecting a network of ATMs using blockchain technology, public records reveal. Documents released late last month by the State Intellectual Property Office of the People’s Republic of China details a concept by which a group of...

Litecoin prices have surged over the past 24 hours, reaching a new all-time high following a month of generally sideways trading. Peaking last night at 21:24 UTC, the fifth-largest cryptocurrency by market capitalization reached a record high of just over $64 – a 36 percent increase...

Litecoin Price Surges to New All-Time High Over $60

Litecoin prices have surged over the past 24 hours, reaching a new all-time high following a month of generally sideways trading. Peaking last night at 21:24 UTC, the fifth-largest cryptocurrency by market capitalization reached a record high of just over $64 – a 36 percent increase...

Features  •  Markets  •  Exchanges  •  Markets News Cryptocurrencies are a unique financial asset class. For one, they do not simply live within national borders. They trade frictionlessly around the globe, and, whether you live in America or Armenia, Canada or Cameroon, the process of buying, selling and trading cryptocurrencies...

Annyeong Bitcoin: South Korea, Canada and a Changing Crypto Market

Features  •  Markets  •  Exchanges  •  Markets News Cryptocurrencies are a unique financial asset class. For one, they do not simply live within national borders. They trade frictionlessly around the globe, and, whether you live in America or Armenia, Canada or Cameroon, the process of buying, selling and trading cryptocurrencies...

Several blockchain startups have pursued taking on the middleman-heavy music industry, but still business-as-usual persists. But maybe not for long, with Slovenia gig-booking blockchain platform, Viberate, snagging two high-profile advisors – bitcoin entrepreneur Charlie Shrem and Pinterest chief scientist Dr. Jure Leskovec – to...

Charlie Shrem’s Next Act? Helping This Blockchain Startup Disrupt Music

Several blockchain startups have pursued taking on the middleman-heavy music industry, but still business-as-usual persists. But maybe not for long, with Slovenia gig-booking blockchain platform, Viberate, snagging two high-profile advisors – bitcoin entrepreneur Charlie Shrem and Pinterest chief scientist Dr. Jure Leskovec – to...

Since it appeared online about a month ago, new cryptocurrency bitcoin cash has been under scrutiny from users, miners and investors, all intrigued by how this first large-scale hard fork in the original bitcoin network will affect them. But it’s maybe the consumer-facing businesses, namely the exchanges, that...

Risk or Reward: What It Takes for an Exchange to Cash In on a New Currency?

Since it appeared online about a month ago, new cryptocurrency bitcoin cash has been under scrutiny from users, miners and investors, all intrigued by how this first large-scale hard fork in the original bitcoin network will affect them. But it’s maybe the consumer-facing businesses, namely the exchanges, that...

Bitcoin exchange BTC-e is planning to release more updates about its recovery efforts weeks after a stunning crackdown by US authorities. As previously reported by CoinDesk, BTC-e was the target of a law enforcement operation in late July, during which one of its alleged...

Bitcoin Exchange BTC-e Promises ‘Daily’ Updates During Relaunch Attempt

Bitcoin exchange BTC-e is planning to release more updates about its recovery efforts weeks after a stunning crackdown by US authorities. As previously reported by CoinDesk, BTC-e was the target of a law enforcement operation in late July, during which one of its alleged...

Vietnam’s prime minister has approved a plan that could see the country formally recognize bitcoin as a form of payment by 2018. According to regional news services VNA, Prime Minister Nguyen Xuan Phuc has tasked Vietnam’s central bank as well as the Ministry of Finance and the Ministry of...

Vietnam Is Preparing to Legally Recognize Bitcoin in 2018

Vietnam’s prime minister has approved a plan that could see the country formally recognize bitcoin as a form of payment by 2018. According to regional news services VNA, Prime Minister Nguyen Xuan Phuc has tasked Vietnam’s central bank as well as the Ministry of Finance and the Ministry of...

  Bitcoin prices have once more climbed past $4,400 following days of generally sideways movement within the $4,100–$4,200 range. Starting to pick up from around 22:00 UTC yesterday, prices across global exchanges opened the session at $4,362, and had reached a high of $4,420. Prices were again at that level at...

Bitcoin Prices Bounce Back Above $4,400

  Bitcoin prices have once more climbed past $4,400 following days of generally sideways movement within the $4,100–$4,200 range. Starting to pick up from around 22:00 UTC yesterday, prices across global exchanges opened the session at $4,362, and had reached a high of $4,420. Prices were again at that level at...

Distributed ledger startup Ripple is stepping up its attempt to disrupt Swift, the infrastructure provider that today connects over 11,000 banks around the world. On the same day, in the same city as Swift’s flagship event Sibos, Ripple has announced it will host Swell, an event also aimed...

Bernanke, Berners-Lee to Headline Ripple’s ‘Sibos-Killer’ Conference

Distributed ledger startup Ripple is stepping up its attempt to disrupt Swift, the infrastructure provider that today connects over 11,000 banks around the world. On the same day, in the same city as Swift’s flagship event Sibos, Ripple has announced it will host Swell, an event also aimed...

The relationship between bitcoin and bitcoin cash continued to evolve today, with the two blockchain networks competing for miner interest and computing power. At press time, the bitcoin cash blockchain has seen five downward difficulty adjustments after struggling to produce blocks yesterday. Blocks 481,878...

Bitcoin Cash Returns to Profitability Amid Mining Adjustments

The relationship between bitcoin and bitcoin cash continued to evolve today, with the two blockchain networks competing for miner interest and computing power. At press time, the bitcoin cash blockchain has seen five downward difficulty adjustments after struggling to produce blocks yesterday. Blocks 481,878...

“SegWit is old news for the market.” So says crypto analyst Petar Zivkovski, and there’s evidence to suggest traders largely agree. Despite just completing perhaps its most significant technical upgrade ever, the price of bitcoin is down just under 1% over the last 24...

No SegWit Bump? Bitcoin Price Shrugs Off Upgrade with Sideways Trading

“SegWit is old news for the market.” So says crypto analyst Petar Zivkovski, and there’s evidence to suggest traders largely agree. Despite just completing perhaps its most significant technical upgrade ever, the price of bitcoin is down just under 1% over the last 24...

An ETF firm based in Connecticut is launching a new fund that will invest in bitcoin-based derivatives and other exchange products, public records reveal. REX ETFs, founded in 2014, filed to create the “REX Bitcoin Strategy Fund” yesterday, according to a new filing with the US Securities...

ETF Firm REX Seeks SEC Approval for Bitcoin Derivatives Fund

An ETF firm based in Connecticut is launching a new fund that will invest in bitcoin-based derivatives and other exchange products, public records reveal. REX ETFs, founded in 2014, filed to create the “REX Bitcoin Strategy Fund” yesterday, according to a new filing with the US Securities...

That’s when Segregated Witness (SegWit) will activate on bitcoin late today or tomorrow morning, bringing the years-long debate over the contentious code upgrade to an official close. At that time, users will finally be able to take advantage of the long-promised technology. Looking back, it’s important...

50 Blocks to SegWit: Bitcoin’s Coming Upgrade Is a Blockchain Game-Changer

That’s when Segregated Witness (SegWit) will activate on bitcoin late today or tomorrow morning, bringing the years-long debate over the contentious code upgrade to an official close. At that time, users will finally be able to take advantage of the long-promised technology. Looking back, it’s important...

Lightning Network creator Tadge Dryja is developing an experimental tool he hopes will help bitcoin users safely claim their newly created bitcoin cash. To recap, on August 1, a group of users and mining pools who didn’t agree with bitcoin’s technical direction split off to create...

Lightning’s Tadge Dryja is Working On a Bitcoin Cash ‘Splitter’

Lightning Network creator Tadge Dryja is developing an experimental tool he hopes will help bitcoin users safely claim their newly created bitcoin cash. To recap, on August 1, a group of users and mining pools who didn’t agree with bitcoin’s technical direction split off to create...

A former employee of bitcoin’s best-funded startup is seeking to raise $20 million for a fund that will invest exclusively in cryptographic assets. Headed by one-time Coinbase product manager and Runa Capital principal, Nick Tomaino, the fund, called 1confirmation and launched officially today, already boasts...

Mark Cuban Backs Former Coinbase Employee’s $20 Million Token Fund

A former employee of bitcoin’s best-funded startup is seeking to raise $20 million for a fund that will invest exclusively in cryptographic assets. Headed by one-time Coinbase product manager and Runa Capital principal, Nick Tomaino, the fund, called 1confirmation and launched officially today, already boasts...

The price of XRP is up more than 40 percent in the past 24 hours, a move that comes amid a period of heightened volume in global cryptocurrency markets. Data from CoinMarketCap reveals that of XRP – the cryptocurrency of the Ripple network – is...

Ripple’s XRP Price Climbs 40% on Surge in Korean Trading

The price of XRP is up more than 40 percent in the past 24 hours, a move that comes amid a period of heightened volume in global cryptocurrency markets. Data from CoinMarketCap reveals that of XRP – the cryptocurrency of the Ripple network – is...

Coinkite is launching a new version of its Opendime bitcoin hardware wallet. The third iteration of the popular USB stick wallet, the latest model will feature a range of changes on the hardware front, as well as some adjustments to its software, a company blog post said....

The Newest Version of the Opendime Bitcoin Wallet Is Out

Coinkite is launching a new version of its Opendime bitcoin hardware wallet. The third iteration of the popular USB stick wallet, the latest model will feature a range of changes on the hardware front, as well as some adjustments to its software, a company blog post said....

Their XRP business model is entwined with the success of the company. One cannot succeed without the other, that much is evident. There is still a lot of confusion regarding Ripple and their XRP token. Unlike cryptocurrencies such as Bitcoin and Ethereum, Ripple is...

Can Ripple Effectively Rival Bitcoin and Ethereum in Terms of Success?

Their XRP business model is entwined with the success of the company. One cannot succeed without the other, that much is evident. There is still a lot of confusion regarding Ripple and their XRP token. Unlike cryptocurrencies such as Bitcoin and Ethereum, Ripple is...

Bitcoin may be winning the battle for investment dollars, but when it comes to attracting mining power, competition is heating up. After the bitcoin cash blockchain experienced a major adjustment this weekend, the less than one-month-old cryptocurrency has seen a dramatic reduction in mining difficulty, and perhaps more...

Bitcoin Cash Wins Mining Power as Price Falls Back Below $600

Bitcoin may be winning the battle for investment dollars, but when it comes to attracting mining power, competition is heating up. After the bitcoin cash blockchain experienced a major adjustment this weekend, the less than one-month-old cryptocurrency has seen a dramatic reduction in mining difficulty, and perhaps more...

As much as $500,000 in ether has been stolen from supporters of the Enigma blockchain project following a security compromise. According to a statement from the Enigma team, those involved in the thefts were able to take control of the project’s website domain, one...

ICO Scammers Steal $500k in Phony Enigma Project Pre-Sale Launch

As much as $500,000 in ether has been stolen from supporters of the Enigma blockchain project following a security compromise. According to a statement from the Enigma team, those involved in the thefts were able to take control of the project’s website domain, one...

Even the skeptics can’t avoid weighing in on bitcoin. It seems like everyone is coming up with a price forecast these days, with some of the biggest banks including Goldman Sachs Group Inc. jumping into the action, while speculators to long-time investors are also making...

Bitcoin Analysts Compete for the Highest Price Forecast

Even the skeptics can’t avoid weighing in on bitcoin. It seems like everyone is coming up with a price forecast these days, with some of the biggest banks including Goldman Sachs Group Inc. jumping into the action, while speculators to long-time investors are also making...

Since 2012, Bitcoin price has demonstrated an exponential increase in value amidst a rapid rise in global adoption, growing demand from institutional investors, and significant maturation of international markets. A well-performing asset A well-known cryptocurrency researcher known as “Jack Sparrow” recently released his findings...

Bitcoin Price Jumped From $3,000 to $4,000 in Just 60 Days: Reasons & Trends

Since 2012, Bitcoin price has demonstrated an exponential increase in value amidst a rapid rise in global adoption, growing demand from institutional investors, and significant maturation of international markets. A well-performing asset A well-known cryptocurrency researcher known as “Jack Sparrow” recently released his findings...

The price of monero, the privacy-oriented cryptocurrency created in 2014, shot up by over 80 percent this morning, shattering its previous record by around $35. According to data from CoinMarketCap, the cryptocurrency has been largely trading in the $40–$55 range since May, yet at 07:00 UTC today, a spike...

Monero Price Hits Record High Near $100 on New Exchange Listing

The price of monero, the privacy-oriented cryptocurrency created in 2014, shot up by over 80 percent this morning, shattering its previous record by around $35. According to data from CoinMarketCap, the cryptocurrency has been largely trading in the $40–$55 range since May, yet at 07:00 UTC today, a spike...

Following the all-time highs set over the last week, bitcoin has been trading sideways for the last 48 hours, and prices are fluctuating in the $4,050 to $4,200 range. Prices for the asset across global exchanges averaged $4,109 at press time, having opened the session at...

Bitcoin Trades Sideways as Bitcoin Cash Price Drops to $800

Following the all-time highs set over the last week, bitcoin has been trading sideways for the last 48 hours, and prices are fluctuating in the $4,050 to $4,200 range. Prices for the asset across global exchanges averaged $4,109 at press time, having opened the session at...

Eugéne Etsebeth is an ex-central banker who was employed as a technologist at the South African Reserve Bank from 2013 to 2017. During his time at the reserve bank, he notably chaired the virtual currency and distributed ledger working group. In this opinion piece, Etsebeth outlines...

10 Reasons Why Central Banks Will Miss the Cryptocurrency Renaissance

Eugéne Etsebeth is an ex-central banker who was employed as a technologist at the South African Reserve Bank from 2013 to 2017. During his time at the reserve bank, he notably chaired the virtual currency and distributed ledger working group. In this opinion piece, Etsebeth outlines...

Josh Stark (@0xstark) is a member of Ledger Labs and Blockgeeks Lab, a blockchain co-creation company in Toronto, Canada. In this CoinDesk opinion piece, Stark argues that the term “cryptoeconomics” is widely misunderstood, despite being a crucial concept needed to understand and analyze the blockchain industry. A...

Making Sense of Cryptoeconomics

Josh Stark (@0xstark) is a member of Ledger Labs and Blockgeeks Lab, a blockchain co-creation company in Toronto, Canada. In this CoinDesk opinion piece, Stark argues that the term “cryptoeconomics” is widely misunderstood, despite being a crucial concept needed to understand and analyze the blockchain industry. A...

Following a week of thrilling price gains and two all-times highs – $4,483 on August 15, and $4,520 on August 17 – bitcoin prices have now slumped back toward $4,000. Opening the session at $4,159, price across global exchanges peaked early at $4,406 and have since steadily dropped and at...

Bitcoin Prices Retreat Toward $4,100 While Bitcoin Cash Soars

Following a week of thrilling price gains and two all-times highs – $4,483 on August 15, and $4,520 on August 17 – bitcoin prices have now slumped back toward $4,000. Opening the session at $4,159, price across global exchanges peaked early at $4,406 and have since steadily dropped and at...

Bitcoin cash surged above $700 today, passing a notable milestone amidst a two-day rally during which the price of the cryptocurrency more than doubled. Heading into weekend trading sessions, bitcoin cash has emerged as the third-largest cryptocurrency by network value, behind bitcoin and ethereum. And...

$700 and Rising: What’s Driving the Price of Bitcoin Cash?

Bitcoin cash surged above $700 today, passing a notable milestone amidst a two-day rally during which the price of the cryptocurrency more than doubled. Heading into weekend trading sessions, bitcoin cash has emerged as the third-largest cryptocurrency by network value, behind bitcoin and ethereum. And...

Bitcoin cash’s surge above $500 today is changing more than just the the net worth of its investors and users. The rising price is also creating the incentive for miners to dedicate computing power to the bitcoin cashblockchain, one that could find them moving away from bitcoin. With...

Bitcoin Cash Is Now More Profitable to Mine Than Bitcoin

Bitcoin cash’s surge above $500 today is changing more than just the the net worth of its investors and users. The rising price is also creating the incentive for miners to dedicate computing power to the bitcoin cashblockchain, one that could find them moving away from bitcoin. With...

You might not expect bitcoin miners to leave money on the table – but according to estimates, some are, and lots of it. Rather than simply mining the version of the bitcoin blockchain that’s purely the most profitable (today it’s the original BTC blockchain), a...

What’s Next for Bitcoin Cash? Making Profitless Mining Profitable

You might not expect bitcoin miners to leave money on the table – but according to estimates, some are, and lots of it. Rather than simply mining the version of the bitcoin blockchain that’s purely the most profitable (today it’s the original BTC blockchain), a...

Cryptocurrency exchange service is reviewing its listings in light of recent statements on initial coin offerings (ICOs) from the US Securities and Exchange Commission. In a new blog post, the exchange said that it was launching the review, which could see it delist some of...

SEC Statements Spur ShapeShift to Review Cryptocurrency Listings

Cryptocurrency exchange service is reviewing its listings in light of recent statements on initial coin offerings (ICOs) from the US Securities and Exchange Commission. In a new blog post, the exchange said that it was launching the review, which could see it delist some of...

Users who weren’t able to claim their bitcoin cash in the wake of this month’s hard fork now have a better chance of retrieving their lost funds. Announced this week, BTC.com has launched a recovery tool for the cryptocurrency, one designed to let users whose wallets...

Couldn’t Claim Your Bitcoin Cash? BTC.Com Now Has a Tool for That

Users who weren’t able to claim their bitcoin cash in the wake of this month’s hard fork now have a better chance of retrieving their lost funds. Announced this week, BTC.com has launched a recovery tool for the cryptocurrency, one designed to let users whose wallets...

Bitcoin wallet startup Blockchain is today launching an option for users to create ethereum software wallets, a move that marks the first time the startup has integrated a new cryptocurrency since it launched in 2011. Announced today, the launch also coincides with a new partnership with...

Bitcoin’s Biggest Software Wallet Blockchain Adds Ethereum

Bitcoin wallet startup Blockchain is today launching an option for users to create ethereum software wallets, a move that marks the first time the startup has integrated a new cryptocurrency since it launched in 2011. Announced today, the launch also coincides with a new partnership with...

Bitcoin’s much-anticipated Lightning Network is now compatible with seven different payment networks. Today, blockchain services firm Bitfury and payments network provider Ripple are releasing new code that makes it possible to conduct Lightning-style transactions across a range of both blockchain and legacy payment networks. While still in its early stages...

Lightning Bank Ledgers? Bitfury and Ripple Demo New Twist on Bitcoin Tech

Bitcoin’s much-anticipated Lightning Network is now compatible with seven different payment networks. Today, blockchain services firm Bitfury and payments network provider Ripple are releasing new code that makes it possible to conduct Lightning-style transactions across a range of both blockchain and legacy payment networks. While still in its early stages...

Following two days of near sideways trading, bitcoin prices have once again reached record levels. Since setting its most recent all-time high of $4,483 on August 15, prices have fluctuated in the $4,000–$4,200 range until starting to rise once again Wednesday afternoon. This morning, however, after a...

Bitcoin Prices Reach New All-Time High of Over $4,500

Following two days of near sideways trading, bitcoin prices have once again reached record levels. Since setting its most recent all-time high of $4,483 on August 15, prices have fluctuated in the $4,000–$4,200 range until starting to rise once again Wednesday afternoon. This morning, however, after a...

Bitcoin Cash’s price rose above the $400 mark today, breaking the rangebound market trend of the past several days. The cryptocurrency climbed as high as $406 today, according to data from CoinMarketCap. The move followed days of steady market fluctuations, with the price of Bitcoin Cash trading no...

Bitcoin Cash Breaks Price Doldrums to Push Past $400

Bitcoin Cash’s price rose above the $400 mark today, breaking the rangebound market trend of the past several days. The cryptocurrency climbed as high as $406 today, according to data from CoinMarketCap. The move followed days of steady market fluctuations, with the price of Bitcoin Cash trading no...

Technology giant Xerox wants to patent a way to securely revise electronic documents using blockchain, public records show. The company – perhaps best known for its eponymous copying machines – filed a pair of applications in February 2016, according to new records released by the US Patent and...

Xerox Patent Applications Reveal Plan for Blockchain Records System

Technology giant Xerox wants to patent a way to securely revise electronic documents using blockchain, public records show. The company – perhaps best known for its eponymous copying machines – filed a pair of applications in February 2016, according to new records released by the US Patent and...

Bitcoin wallet provider Breadwallet has announced $7 million in new funding. The startup – which debuted in 2014 – raised funds from a group of investors that includes DAS Capital, East Ventures, Globe Advisors, Liberty City Ventures, Maffin Inc, OKWAVE and Saison Ventures. An unnamed group of angel investors...

$7 Million: Bitcoin Wallet Startup Breadwallet Raises New Funding

Bitcoin wallet provider Breadwallet has announced $7 million in new funding. The startup – which debuted in 2014 – raised funds from a group of investors that includes DAS Capital, East Ventures, Globe Advisors, Liberty City Ventures, Maffin Inc, OKWAVE and Saison Ventures. An unnamed group of angel investors...

Cryptocurrency exchange startup Coinbase has been awarded a new patent related to private key security, public records show. The U.S. Patent and Trademark Office (USPTO) published the patent yesterday, entitled “Key ceremony of a security system forming part of a host computer for cryptographic...

Coinbase Awarded Patent for Bitcoin Security Concept

Cryptocurrency exchange startup Coinbase has been awarded a new patent related to private key security, public records show. The U.S. Patent and Trademark Office (USPTO) published the patent yesterday, entitled “Key ceremony of a security system forming part of a host computer for cryptographic...

Australia is moving to introduce a new bill that would extend the country’s anti-money laundering (AML) rules to cover domestic cryptocurrency exchanges. In a statement this morning, the Ministry of Justice announced that the legislation would seek to bring exchanges within the jurisdiction of the Transaction Reports and Analysis Centre (AUSTRAC), the...

Australia Takes Aim at Cryptocurrencies With New Money Laundering Bill

Australia is moving to introduce a new bill that would extend the country’s anti-money laundering (AML) rules to cover domestic cryptocurrency exchanges. In a statement this morning, the Ministry of Justice announced that the legislation would seek to bring exchanges within the jurisdiction of the Transaction Reports and Analysis Centre (AUSTRAC), the...

Donat Sorokin | TASS | Getty Images  A girl poses for a photograph on a stone sphere monument that unidentified persons have painted with the white Bitcoin cryptocurrency symbol in Oktyabrskaya Square, Yekaterinburg, Russia. Bitcoin hit a record high above $4,500 Thursday, giving it...

Bitcoin’s market value tops that of Netflix

Donat Sorokin | TASS | Getty Images  A girl poses for a photograph on a stone sphere monument that unidentified persons have painted with the white Bitcoin cryptocurrency symbol in Oktyabrskaya Square, Yekaterinburg, Russia. Bitcoin hit a record high above $4,500 Thursday, giving it...

Ripple is opening up about its plans to enter one of the world’s largest markets. In new statements to CoinDesk, the San Francisco blockchain startup aimed to address rumors that first appeared last Thursday on XRP Chat, a forum dedicated to gossip and commentary on both...

Ripple Confirms China Expansion Plans, Shoots Down Alibaba Rumor

Ripple is opening up about its plans to enter one of the world’s largest markets. In new statements to CoinDesk, the San Francisco blockchain startup aimed to address rumors that first appeared last Thursday on XRP Chat, a forum dedicated to gossip and commentary on both...

Bitcoin prices have fallen below $4,000 hours after hitting a new all-time high. According to the CoinDesk Bitcoin Price Index (BPI), bitcoin markets hit a low of $3,892.72 – more than $500 below the high of $4,483.55 reached earlier this morning. At press time, the price of bitcoin is trading at around $3929, more than...

Bitcoin’s Price Is Down More Than $500 After Hitting a New High

Bitcoin prices have fallen below $4,000 hours after hitting a new all-time high. According to the CoinDesk Bitcoin Price Index (BPI), bitcoin markets hit a low of $3,892.72 – more than $500 below the high of $4,483.55 reached earlier this morning. At press time, the price of bitcoin is trading at around $3929, more than...

Recent disclosures by members of Ukraine’s national legislature revealed that three lawmakers have a combined wealth in bitcoin of more than $45 million. According to a report from RIA Novosti, Russia’s international news service, the three lawmakers are all members of the “Petro Poroshenko Block,” which constitutes...

$45 Million: Ukrainian Lawmakers Reveal Big Bitcoin Holdings

Recent disclosures by members of Ukraine’s national legislature revealed that three lawmakers have a combined wealth in bitcoin of more than $45 million. According to a report from RIA Novosti, Russia’s international news service, the three lawmakers are all members of the “Petro Poroshenko Block,” which constitutes...

The price of bitcoin continued its recent bullish surge last night, reaching a new all-time high of over $4,480. The news follows days in which the climbing value of the digital asset has seen it repeatedly break new ground. Since May, bitcoin had been fluctuating in the mid to...

Bitcoin Sets New Record High of $4,483 in Overnight Trading

The price of bitcoin continued its recent bullish surge last night, reaching a new all-time high of over $4,480. The news follows days in which the climbing value of the digital asset has seen it repeatedly break new ground. Since May, bitcoin had been fluctuating in the mid to...

A US-based money manager wants to launch an exchange-traded fund (ETF) tied to the price of bitcoin. VanEck, which is headquartered in New York, is seeking to create the “VanEck Vectors Bitcoin Strategy ETF”. The goal, SEC filings reveal, is to have the ETF listed...

New Bitcoin ETF Effort Launched by Money Management Firm

A US-based money manager wants to launch an exchange-traded fund (ETF) tied to the price of bitcoin. VanEck, which is headquartered in New York, is seeking to create the “VanEck Vectors Bitcoin Strategy ETF”. The goal, SEC filings reveal, is to have the ETF listed...

Bitcoin could pass $100,000 by February 2021; a Harvard academic has said announcing Bitcoin is the first digital currency to follow Moore’s Law. In emailed comments to Business Insider, investor Dennis Porto said that after analyzing Bitcoin’s performance, it was the “first” currency to follow...

Bitcoin Price Could Exceed $100,000 by 2021: Harvard Academic

Bitcoin could pass $100,000 by February 2021; a Harvard academic has said announcing Bitcoin is the first digital currency to follow Moore’s Law. In emailed comments to Business Insider, investor Dennis Porto said that after analyzing Bitcoin’s performance, it was the “first” currency to follow...

Bitcoin can be an intimidating place for the new investor. Scrolling through your news feed, you’re more than likely to be greeted by apocalyptic headlines and strange terms – and you might not immediately understand the risks either poses to your investment. Take the term “forks,”...

What the Fork? Why Bitcoin Tech Changes Impact Price

Bitcoin can be an intimidating place for the new investor. Scrolling through your news feed, you’re more than likely to be greeted by apocalyptic headlines and strange terms – and you might not immediately understand the risks either poses to your investment. Take the term “forks,”...

Bitcoin has continued to trade at over $4,000 since reaching a record level of $4,225 yesterday, and has now set a new all-time high of $4,241. According to the CoinDesk Bitcoin Price Index, average prices across exchanges today opened at $4,111 and have seen a 2.97 percent increase...

Bitcoin Prices Reach (Yet Another) All-Time High, Passing $4,240

Bitcoin has continued to trade at over $4,000 since reaching a record level of $4,225 yesterday, and has now set a new all-time high of $4,241. According to the CoinDesk Bitcoin Price Index, average prices across exchanges today opened at $4,111 and have seen a 2.97 percent increase...

What we understand by the term “token” is actually best defined as the balance of some kind of account. But, perhaps most importantly, it’s a balance that can really mean anything its founder wants it to mean. To date, tokens have been made to...

Know Your Tokens: Not All Crypto Assets Are Created Equal

What we understand by the term “token” is actually best defined as the balance of some kind of account. But, perhaps most importantly, it’s a balance that can really mean anything its founder wants it to mean. To date, tokens have been made to...

  You’ve probably been there: an interview, either for a job or university admission, with the interviewer sitting across from you scrutinizing a piece of paper that holds your credentials. And you can’t shake the feeling that she doesn’t believe you. It turns out...

Blockchain and Education: A Big Idea in Need of Bigger Thinking

  You’ve probably been there: an interview, either for a job or university admission, with the interviewer sitting across from you scrutinizing a piece of paper that holds your credentials. And you can’t shake the feeling that she doesn’t believe you. It turns out...

Benjamin Sauter and David McGill of Kobre & Kim LLP are civil litigators and criminal and regulatory defense attorneys. They are also part of the Digital Currency & Ledger Defense Coalition, a group of over 50 lawyers dedicated to protecting US blockchain innovators. In...

LedgerX and CBOE: The CFTC’s Trojan Horse in an SEC Turf War

Benjamin Sauter and David McGill of Kobre & Kim LLP are civil litigators and criminal and regulatory defense attorneys. They are also part of the Digital Currency & Ledger Defense Coalition, a group of over 50 lawyers dedicated to protecting US blockchain innovators. In...

Bitcoin is “digital gold” and “blockchain technology will change the world,” said Hadley Stern of Fidelity Labs. Fidelity announced Wednesday that it started allowing clients to view bitcoin and other cryptocurrencies on its website, a rare move for an established institution. Although bitcoin is...

Blockchain technology will change the world’: Fidelity Labs SVP

Bitcoin is “digital gold” and “blockchain technology will change the world,” said Hadley Stern of Fidelity Labs. Fidelity announced Wednesday that it started allowing clients to view bitcoin and other cryptocurrencies on its website, a rare move for an established institution. Although bitcoin is...

The Enterprise Ethereum Alliance is on the verge of kicking off a new phase of its development. After launching earlier this year, and quickly growing to include more than 150 members from around the world, the alliance is about to initiate a flurry of activity from its diverse group of members...

Enterprise Ethereum Alliance Gets to Work at 90-Member ‘Town Hall’ Meeting

The Enterprise Ethereum Alliance is on the verge of kicking off a new phase of its development. After launching earlier this year, and quickly growing to include more than 150 members from around the world, the alliance is about to initiate a flurry of activity from its diverse group of members...

Bank of America is emerging as one of the most active banks when it comes to filing patents over claimed innovations in blockchain and cryptocurrency. Three new submissions, initially filed with the U.S. Public Patent and Trademark Office early last year, add to a total of...

Bank of America Has Filed for Over 20 Blockchain Patents Already

Bank of America is emerging as one of the most active banks when it comes to filing patents over claimed innovations in blockchain and cryptocurrency. Three new submissions, initially filed with the U.S. Public Patent and Trademark Office early last year, add to a total of...

Nvidia is riding high on the boom in cryptocurrency mining, according to the graphics card (GPU) manufacturer. Revealed yesterday, the California-based company’s second-quarter earnings were up 56 percent year over year, with its GPU division taking in $1.9 billion during the second quarter – a rise of 59...

Nvidia CEO: Cryptocurrencies Are ‘Here to Stay’

Nvidia is riding high on the boom in cryptocurrency mining, according to the graphics card (GPU) manufacturer. Revealed yesterday, the California-based company’s second-quarter earnings were up 56 percent year over year, with its GPU division taking in $1.9 billion during the second quarter – a rise of 59...

The average price of bitcoin across global exchanges today reached $3,550 on the CoinDesk Bitcoin Price Index, setting yet another new all-time high. The uptick coincides with a palpable improvement in public sentiment about the world’s first cryptographic asset, with bitcoin recently receiving positive mentions...

The Bitcoin Price Just Inched Up to Set Another All-Time High

The average price of bitcoin across global exchanges today reached $3,550 on the CoinDesk Bitcoin Price Index, setting yet another new all-time high. The uptick coincides with a palpable improvement in public sentiment about the world’s first cryptographic asset, with bitcoin recently receiving positive mentions...

The total value of all cryptocurrencies set a new all-time high today, rising above $126 billion for the first time in history, according to data from CoinMarketCap. The new benchmark was set at 8:00 UTC and comes just four days after the crypto asset class set...

$126 Billion: The Cryptocurrency Market Just Set a New All-Time High

The total value of all cryptocurrencies set a new all-time high today, rising above $126 billion for the first time in history, according to data from CoinMarketCap. The new benchmark was set at 8:00 UTC and comes just four days after the crypto asset class set...

Microsoft is today revealing a new blockchain framework designed to make it easier to build enterprise networks using any distributed ledger. Out of the box, the new Coco platform – built to supercharge transaction speeds and simplify governance decisions – will be integrated with a number...

Coco Revealed: Microsoft, JPMorgan & More Demo Blockchain-Boosting Tech

Microsoft is today revealing a new blockchain framework designed to make it easier to build enterprise networks using any distributed ledger. Out of the box, the new Coco platform – built to supercharge transaction speeds and simplify governance decisions – will be integrated with a number...

Coinbase has raised $100 million in Series D funding in what is the largest single traditional funding round for a public blockchain or cryptocurrency startup, according to CoinDesk data. Announced today, the round was led by Institutional Venture Partners (IVP), a Silicon Valley venture...

$100 Million: Coinbase Raises Biggest-Ever Round for Bitcoin Startup

Coinbase has raised $100 million in Series D funding in what is the largest single traditional funding round for a public blockchain or cryptocurrency startup, according to CoinDesk data. Announced today, the round was led by Institutional Venture Partners (IVP), a Silicon Valley venture...

Barring unlikely interruptions, the scaling proposal called Segregated Witness (SegWit) is expected to lock in on the bitcoin network today. Should enough miners continue signaling support, SegWit is projected to meet the necessary threshold later this afternoon (around block 479,708). And while it’s theoretically possible miners could change...

SegWit’s Lock-In: What Today’s Milestone Means for Bitcoin

Barring unlikely interruptions, the scaling proposal called Segregated Witness (SegWit) is expected to lock in on the bitcoin network today. Should enough miners continue signaling support, SegWit is projected to meet the necessary threshold later this afternoon (around block 479,708). And while it’s theoretically possible miners could change...

The token sale for a blockchain-based prediction market promoted earlier this month by boxing champion Floyd Mayweather, Jr., has raised $30 million. Stox, which launched its sale yesterday, has collected roughly 134,000 ETH as of press time, according to data from Etherscan. The ICO garnered...

The ICO Boxing Champ Floyd Mayweather Promoted Has Raised $30 Million Already

The token sale for a blockchain-based prediction market promoted earlier this month by boxing champion Floyd Mayweather, Jr., has raised $30 million. Stox, which launched its sale yesterday, has collected roughly 134,000 ETH as of press time, according to data from Etherscan. The ICO garnered...

Chicago Board Options Exchange parent CBOE Holdings is getting into the bitcoin market in collaboration with the Winklevoss twins, best known for their role in the birth of Facebook. Chicago-based CBOE, which also operates a young futures exchange, aims to launch a bitcoin futures...

CBOE plans Bitcoin futures contract

Chicago Board Options Exchange parent CBOE Holdings is getting into the bitcoin market in collaboration with the Winklevoss twins, best known for their role in the birth of Facebook. Chicago-based CBOE, which also operates a young futures exchange, aims to launch a bitcoin futures...

Digital currency exchange Bitfinex has revealed that it will be launching a new trading platform for ethereum-based tokens Dubbed Ethfinex, the service aims to function as a decentralized exchange for tokens under the ERC20 standard. Bitfinex, founded in 2012, is one of the world’s largest bitcoin...

Bitfinex Is Issuing Another Token – and a New Ethereum Exchange to Go With It

Digital currency exchange Bitfinex has revealed that it will be launching a new trading platform for ethereum-based tokens Dubbed Ethfinex, the service aims to function as a decentralized exchange for tokens under the ERC20 standard. Bitfinex, founded in 2012, is one of the world’s largest bitcoin...

Three new patent applications reveal that the Bank of America has been working on using distributed ledger technology (DLT) to validate the veracity of information – and those who handle it. First filed in February 2016, the details of the three applications were made available to...

Bank of America Files for 3 New Blockchain Patents

Three new patent applications reveal that the Bank of America has been working on using distributed ledger technology (DLT) to validate the veracity of information – and those who handle it. First filed in February 2016, the details of the three applications were made available to...

Volume went to a new low and price did not.  This is marked on the chart with the blue lines. This signifies lots of selling pressure but price holding up.  You could have bought as we did and used a very tight stop. This...

LiteCoin had a classic setup at the recent low

Volume went to a new low and price did not.  This is marked on the chart with the blue lines. This signifies lots of selling pressure but price holding up.  You could have bought as we did and used a very tight stop. This...

Litecoin is now trading above $55.  After the expected “Back Up To The Creek” at $33,  Litecoin tested the area again at $36, then we experienced increase price spreads to the upside with steadily increasing volume.  This is the exact action you would expect...

Litecoin rally after the “Back Up To The Creek” is impressive!!

Litecoin is now trading above $55.  After the expected “Back Up To The Creek” at $33,  Litecoin tested the area again at $36, then we experienced increase price spreads to the upside with steadily increasing volume.  This is the exact action you would expect...

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much...

Bitcoin Explained

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much...

Monero (XMR) is a secure, private, untraceable currency. It is open source, freely available to all, and was fairly launched on April 18th, 2014, without premine or instamine. The technology behind Monero has already spiked the interest of several established people in the Bitcoin development...

Monero Explained

Monero (XMR) is a secure, private, untraceable currency. It is open source, freely available to all, and was fairly launched on April 18th, 2014, without premine or instamine. The technology behind Monero has already spiked the interest of several established people in the Bitcoin development...

Dash (DASH) is a privacy-centric digital currency with instant transactions. It is based on the Bitcoin software, but it has a two-tier network that improves it. Dash allows you to remain anonymous while you make transactions, similar to cash. With Bitcoin, transactions are published...

Dash Explained

Dash (DASH) is a privacy-centric digital currency with instant transactions. It is based on the Bitcoin software, but it has a two-tier network that improves it. Dash allows you to remain anonymous while you make transactions, similar to cash. With Bitcoin, transactions are published...

Zcash (ZEC) is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private. Zcash is based on peer-reviewed cryptographic research, and built...

Zcash Explained

Zcash (ZEC) is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private. Zcash is based on peer-reviewed cryptographic research, and built...

Ethereum Classic (ETC) is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain – the classic version preserving untampered...

Ethereum Classic Explained

Ethereum Classic (ETC) is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain – the classic version preserving untampered...

Litecoin (LTC) is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their...

Litecoin Explained

Litecoin (LTC) is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their...

Ripple (XRP) is an independent digital asset, native to the Ripple Consensus Ledger. With proven governance and the fastest transaction confirmation of its kind, XRP is the most efficient settlement option for financial institutions and liquidity providers seeking global reach, accessibility and fast settlement...

Ripple Explained

Ripple (XRP) is an independent digital asset, native to the Ripple Consensus Ledger. With proven governance and the fastest transaction confirmation of its kind, XRP is the most efficient settlement option for financial institutions and liquidity providers seeking global reach, accessibility and fast settlement...

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value...

Ethereum Explained

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value...

The following Crypto’s should be monitored for relative strength. Viacoin (VIA, .00051594 ), Vericoin (VRC, .00015503), Vertcoin (VTC, .00028199), Antshares (ANS, 5.9180683), Cloakcoin (CLOAK, 8.4924914), Europecoin(ERC, .3056487).

Some other Cryptocurrencies are looking strong here…

The following Crypto’s should be monitored for relative strength. Viacoin (VIA, .00051594 ), Vericoin (VRC, .00015503), Vertcoin (VTC, .00028199), Antshares (ANS, 5.9180683), Cloakcoin (CLOAK, 8.4924914), Europecoin(ERC, .3056487).