Month: October 2015

Public Launch of Bitcoin-Powered, Decentralized Reddit Alternative Possible in March

Bitcoin proponents have been talking about using the blockchain to decentralize everything from social media to the entire Internet for a few years now, and one of the projects that is attempting to take some action in this area is Datt. Datt is the brainchild of former Reddit Cryptocurrency Engineer Ryan X. Charles, who originally …

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Barry Silbert’s Digital Currency Group is Building the Largest Investment Portfolio in Bitcoin

Digital Currency Group (DCG), a holding company focused on investing and developing bitcoin and blockchain businesses, has raised its first round of funding with participation of some of the biggest American financial firms. Founder and CEO Barry Silbert said he intends to build “the largest early-stage investment portfolio in the digital currency and blockchain ecosystem.” …

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BitFinex and Blade Payments Announce Debit Card Partnership With ‘Millions’ of ATMs

Bitcoin exchange and trading platform BitFinex has announced a partnership with Blade Payments to provide crypto-funded debit cards that don’t need to be pre-loaded. Details are sparse at this point, and the community may be feeling a bit of “boy who cried wolf” syndrome. There are several debit card solutions out for bitcoin right now, …

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This is what Coin Center’s Pocket Bitcoin White Paper Looks Like

Coin Center made news recently after it announced a public/private forum in partnership with The Chamber of Digital Commerce and US Law Enforcement. But they have been focused on Bitcoin education and advocacy long before that and one of their first major projects was sending out physical “pocket” versions of Bitcoin A Peer-to-Peer Electronic Cash System better known as Satoshi’s …

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Vitalik Buterin Speaks About the Ethereum Foundation, Proof-of-Stake and More

When news broke that the Ethereum Foundation had a $9M shortfall due to the falling price of Ether and Bitcoin, it immediately brought to mind the situation with the Bitcoin Foundation, which had huge financial problems come to light early this year. Vitalik Buterin wrote a blog post both explaining the situation and attempting to …

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Coinify Secures ‘Stronger Presence’ in the Balkan Region with Two New Partnerships

Danish bitcoin startup Coinify, has signed two new partnerships with payment service providers Webteh from Croatia and EuroPayment Services from Romania. The two deals are part of Coinify’s plans to strengthen its presence in Southeast Europe by teaming up with large payment service providers to enable thousands of merchants to start accepting bitcoin all at once. …

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Gyft’s Giyom Lebleu: Following Linux ‘The Most Likely Path for Bitcoin’ (Interview)

This past summer for Bitcoin was a bit of a roller coaster. Significant investments poured in and massive financial institutions admitted that they are finally taking this Blockchain thing seriously, but that was countered with inner community fighting that put a dark cloud over the entire industry. Industry veterans will likely be able to point …

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Coin Center and the Chamber of Digital Commerce Form ‘Blockchain Alliance’ with US Law Enforcement

Coin Center and the Chamber of Digital Commerce, two bitcoin trade groups based in Washington D.C., have announced the formation of a new public-private forum aiming at combating criminal activity involving bitcoin and the blockchain. Called the Blockchain Alliance, the group seeks to provide a forum for open dialogue between the industry and the public …

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Bitcoin Will Need to Scale to Levels Much Higher Than Visa, Mastercard, and PayPal Combined

During discussions and debates related to Bitcoin scalability, the idea of the blockchain handling Visa levels of transactions per second is often mentioned. While reaching Visa’s 150 million processed transactions per day may seem like a lofty goal right now, the reality is that Bitcoin will need to be able to handle a number of …

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Barclays Signs Deals with Blockchain Startups Chainalysis and Wave

Barclays has signed contracts with eight companies that participated in the bank’s New York City fintech accelerator program, among which two blockchain startups: Chainalysis and Wave. The deals with Chainalysis and Wave come a few months following Barclays’ July accelerator in London during which the firm announced it was “exploring opportunities” with seven companies, unveiling …

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Volante Technologies Launches Ripple Interface for Global Real-Time Settlements

Volante Technologies, a software company specialized in the integration and processing of financial messages, data and payments within institutions and corporate enterprises, has launched a new interface with Ripple that enables global real-time settlements. The new interface is part of Volante’s VolPay, a suite of products dedicated to enabling financial institutions and corporates to accelerate …

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Ponzi Accusations Fly As BanxShares Is Set To Be Removed From CoinMarketCap Rankings

BanxShare’s marketcap is artificially pumped, with the vast majority of its 24 hour volume coming way of off market trades from “private” investors that cannot be verified and an enforced floor price that makes selling the altcoin all but impossible. Because of this, the coin is expected to be removed from Coinmarketcap tomorrow, October 13th. …

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Streamium Developers: Many News Articles About Argentina and Bitcoin are ‘Totally Not True’

Argentina is often touted as a hub of Bitcoin adoption and innovation by those who wish to see the peer-to-peer digital cash system succeed; however, there does not seem to be much evidence to back up those claims. There have been plenty of articles written about the potential for bitcoin to takeover as a major …

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Tunisia’s Postal Services Teams Up With Blockchain Startup for National Payment Platform

La Poste Tunisienne, the national postal services of Tunisia, has announced the launch of a pilot for a new payment infrastructure powered by the Monetas platform. Monetas, a Swiss software company focusing on blockchain-based infrastructures, will provide la Poste Tunisienne with an enhanced version of the institution’s payment app. The new digital payment infrastructure will …

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Xapo’s Casares: There’s Nothing Revolutionary About Private, Permissioned Blockchains

A panel discussion on whether or not Bitcoin is finished was featured on day one of Techcrunch Disrupt late last month, and the participants in the chat were Xapo CEO Wences Casares, BTCC (formerly BTC China) CEO Bobby Lee, and Nathaniel Popper of the New York Times. Although the future of Bitcoin is still largely …

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A New Block Size Increase BIP is Planned for the ‘Rough Consensus’ from Montreal

A panel on Bitcoin governance was featured at Bitcoin Pacifica 2015 last month, and it featured two Bitcoin Core contributors who do not see eye-to-eye on many Bitcoin-related issues. These contributors were Bitcoin Foundation Chief Scientist Gavin Andresen and Perpetual Bitcoin Researcher Peter Todd. Although there were certainly areas of disagreement explored during the panel …

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Winklevoss Twins’ Bitcoin Exchange Gets New York’s DFS Approval

Gemini Trust Company, LLC, the much anticipated bitcoin exchange founded by the Winklevoss brothers, has finally received approval from the New York State Department of Financial Services (NYDFS) to operate as a financial services firm. Gemini, which has been granted a license to operate as a chartered limited liability trust company last week, will officially …

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Gavin Andresen: Bitcoin Core Won’t Make the Consensus Rules in the Future

Although many bitcoiners see Bitcoin XT as nothing more than a BIP 101 enabled software client, the implications of Mike Hearn’s creation go much deeper than that. While the alternative implementation of the Bitcoin protocol has not been able to gain wide acceptance among the Bitcoin mining community, the fact that this new Bitcoin client …

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