Singapore has the most liberal and transparent treatment for the cryptocurrency industry in Asia, according to Jarrod Luo, COO and co-founder of Tembusu Systems, a blockchain startup. Speaking with Deal Street Asia, Luo argued that compared with the likes of Tokyo and Hong Kong, Singapore “has not seen similar levels of regulatory interference into the …
Singapore’s Cryptocurrency Sector Expected to Grow Further Read More »
David Andolfatto, who is the Vice President of Research at the Federal Reserve Bank of St. Louis, recently let it be known that bitcoin may work as a store of value. The comments related to this topic came during a recent interview on the Epicenter Bitcoin podcast. In the past, Andolfatto has written on the …
St. Louis Fed’s David Andolfatto: Bitcoin Can Be a Store of Value Read More »
ShapeShift.io CEO Erik Voorhees was recently interviewed by Paul Buitink, Jop Hartog, and Tuur Demeester on the deBitcoin weekly hangout, and he discussed his company’s recent reaction to the finalized BitLicense. Last week, it was announced that ShapeShift.io would no longer offer its services to the good people of New York, which now joins North …
The Canadian Imperial Bank of Commerce (CIBC), one of the country’s largest banks, is closely studying blockchain technology, peer-to-peer lending, in a time where fintechs are threatening to shake up the financial services sector. In a speech to the Empire Club of Canada, Victor Dodig, the chief executive of CIBC, said the bank is investigating …
Leading Canadian Bank CIBC is ‘Closely Studying Blockchain Tech’ Read More »
Edit: It should be noted that current Bitcoin Foundation Bruce Fenton was in a car accident in May. It is still unclear who deleted the post or why. Update: Bitcoin Foundation Executive Director Bruce Fenton responded to this post on Reddit. He stated that the post had been written by a “communications person” and that …
Is The Bitcoin Foundation Deleting Its Own Posts? Read More »
Los Angeles-based Block26, has launched a blockchain and digital currency-dedicated investment fund that seeks to make “aggressive investments” into blockchain startups. Headed by Pedram Hasid and Ni’Coel Stark, the venture capital organization will help incubate a portfolio of “hand-selected companies that embrace the blockchain” and provide these startups with capital and talent among other resources. …
Block26 Plans to Make ‘Aggressive Investments’ into Blockchain Startups Read More »
During his recent introductory presentation about Sidechain Elements, Blockstream Co-Founder and Bitcoin Core Developer Greg Maxwell explained why altcoins are not the proper solution for adding new features to the cryptocurrency ecosystem. In the past, Maxwell has noted that he has “ethical concerns” with altcoins, but he mainly focused on a technical explanation of why …
Bitcoin Core Developer Gregory Maxwell on Why Altcoins Don’t Work Read More »
Bitcoin has come a long way from its Silk Road roots, and it seems that participants in the industry are now interested in mainstream adoption rather than crypto-anarchy. Some people in the space have gone as far as to say bitcoin was not created for political reasons, but there is plenty of evidence to the …
Bitcoin in Australia is a topic surrounded by quite some controversy. The history between both parties has been colorful to say the least, and the cherry on top came earlier this year when the announcement was made that Bitcoin is taxable in Australia. With a 10% tax on profits from Bitcoin and other digital currency …
Australian Bitcoin Survey Shows 1 in 3 People Know About Digital Currency Read More »
Santander, one of the world’s biggest banks and the second largest in Europe, has set up a team dubbed ‘Crypto 2.0’ to carry out experiments with the Bitcoin blockchain. The bank is investigating how it could use the distributed ledger for international payments and smart contracts. “We have internally identified 20 to 25 use cases …
Santander Creates Working Group to Experiment with Blockchain Tech Read More »
In his recent review of Nathaniel Popper’s Digital Gold, bitcoin researcher Tim Swanson collected a bit more evidence that the 2013 rise in the bitcoin price was not due to the block reward halving from late-2012. Contrary to what seems to be common belief, the bitcoin price rise from 2013 was likely due to bullish …
Bullish Speculators, Not the Block Reward Halving, Led to Bitcoin’s 2013 Boom Read More »
Bitcoin is often viewed as a new payment method that is here to replace the existing financial infrastructure. Whether or not that will ever take place, remains to be seen, as it is hard to imagine the world without bank accounts. However, Bitreserve is launching a new feature that will effectively let users bypass the …
Bitreserve Connect To Shake Up Financial World As We Know It Read More »
D-CENT, a European-wide project aiming to build an open, decentralized and distributed social networking platform for large-scale collaboration, is being supported by €1.905 million from the European Commission (EC). Triggered in October 2013, the Decentralised Citizens ENgagement Technologies (D-CENT) initiative has received backing from the EC to build a distributed, federated and privacy-aware social networking …
Network scalability has been a key topic of discussion in the bitcoin community over the past few years, and there are already many different solutions in the works from a variety of bitcoin developers. Although the block size debate has taken center stage in 2015, another proposal, the Lightning Network, could be just as useful …
Bitreserve has announced that they are dropping fees for currency conversions, allowing users enrolled in a new membership program to invest in, hold and change between the service’s eight fiat currencies and Bitcoin without a fee. The change does not apply to their various physical commodities offered on Bitreserve. Founded by CNET creator Halsey Minor, Bitreserve …
Bitreserve Eliminates Fees For Currency Conversion Read More »
A Chinese-language hacking blog in the deep web has described a technique that could theoretically reroute mining rewards to the hacker’s account. The post was found on a Chinese-language hacking blog, linked by a popular deep web wiki/site lister. It appears to describe a technique in which the hacker would use already installed viruses and …
Chinese Deep Web Sites Explains How To Hijack Mining Profits Read More »
The Cape Innovation and Technology Initiative (CiTi) has announced the launch of South Africa’s first digital currency hub and incubator, an initiative aiming to support the local cryptocurrency community and foster the digital currency eco-system. CiTi, a government-backed non-profit organization that supports local tech startups, has showcased its intention to encourage development and innovation in the …
South Africa Gets Its First Digital Currency Hub and Incubator Read More »
Citi has announced the winners of its Citi Mobile Challenge in Europe, the Middle East and Africa (EMEA). Among the winners, GetGems, a mobile bitcoin wallet and messaging app, received the title of the “Most Visionary Social Media Solution,” while Billon, a peer-to-peer blockchain-based payment solution, was named the “Most Innovative Blockchain Solution.” Launched in February, …
Citi Rewards Two Bitcoin Startups in ‘Mobile Challenge’ Read More »
While looking at the results of our recent poll of bitcoin users in the UK, it’s easy to find a few questions that didn’t come back with surprising answers. For example, the vast majority of bitcoin users are males in their 20s or 30s, and 82 percent of them feel as though not enough retail …
Bitcoin Poll Reveals 3 Surprising Facts About UK Users Read More »
BitPay created their Bitcoin wallet solution quite some time ago.In order to properly test this new Bitcoin wallet service, CoPay has undergone vigorous beta testing for over a year. But the time has come to reveal CoPay to the public, as this is one of the only Bitcoin wallets available to Windows phone users. CoPay …
CoPay Exits Beta And is Now Available On All Major Platforms Read More »