Month: December 2015

Uphold Becomes First Money Platform to List Voxels

2015 has been a busy year for cloud-based financial plaform Uphold, from rebranding the company and hiring Nike’s former CIO, Antony Watson, to their recent recording-breaking crowdfunding campaign. The company who’ve powered over $690 million in transactions are now preparing for the launch of their own cryptocurrency “Voxels”, the official currency of the hotly anticipated virtual …

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Government, Not Data-Thieves, Is Why The War On Encryption is Insane

With the Holiday Season here, we are in the midst of the real or imagined “War on Christmas.” Where overly sensitive Conservatives get angry when someone says Happy Holidays and overly sensitive liberals get upset when someone says Merry Christmas, and everyone involved forgets about that whole “peace on earth” thing. This year, a more sinister war …

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Singapore’s IDA Teams Up With Banks To Develop Blockchain-Based Invoice Platform

The Infocomm Development Authority of Singapore (IDA), a statutory board of the Singaporean government, Standard Chartered Bank and DBS Bank, have developed a proof-of-concept for a blockchain-based invoice trading platform dedicated to banking institutions. Built for Singapore, the platform is expected to start being commercialized in 2016, Gautam Jain, Standard Chartered’s managing director and global …

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R3, Digital Asset, JP Morgan, IBM Join Linux Foundation Blockchain Initiative

Yesterday, the Linux Foundation welcomed its latest collaborative initiative the Hyperledger project, an association of some of the world’s largest tech firms and financial institutions aimed at developing an enterprise grade, open source blockchain dedicated to support business transactions. Twenty leading technology companies and financial institutions including ANZ Bank, Digital Asset Holdings, IBM, Intel, JP …

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No, A Country Did Not Just Adopt Bitcoin As Its National Currency

Juan Galt, my former colleague at CoinTelegraph, reported at NewsBTC Sunday that a “country” known as Pontinha had officially declared Bitcoin as its national currency. The article came with a podcast/interview with the alleged nation’s Prime Minister and head of Finance, Joby Weeks. Both the short article and headline were extremely misleading and irresponsible and while the interview did …

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Digital Asset Hires SWIFT’s Former Chief Executive; SETL Appoints Barclays’ Ex-Chairman As Its Own Chairmanships

Digital Asset Holdings is in negotiations with investors for a US$35 million funding round that will value the firm at US$100 million. The company hopes to close the round by Christmas Eve, reported the New York Post. Founded in 2014 by financial markets entrepreneurs Donald Wilson and Sunil Hirani, Digital Asset develops technology that leverages …

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Wired and Gizmodo Back Off Wright Claims, That Doesn’t Make Them Bad Journalists

On Tuesday, Andy Greenberg of Wired and Andy Crush and Sam Biddle of Gizmodo put out articles from congruent but separate investigations that put forth the theory that Australian born Craig Wright is the famed and anonymous creator of bitcoin known as Satoshi Nakamoto. While neither article went as far as to say that Wright was …

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This Is What The NSA Told Their Employees About Digital Currencies, In 1995

If news goes unnoticed for years, is it still new news, especially if the present brings new perspectives to light? While researching another article I came across an internal NSA document that was written in 1995 and declassified in 2008, not long before the invention of Bitcoin. The document, which is publicly available on the NSA website, …

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Austin Hill Of Blockstream: A lot of the Discussions About Private Chains Are Shallow

Austin Hill is a man who’s history is firmly cemented in the history of digital currencies, founding Zero knowledge systems in the 1990s, he hired and worked with many of the Cypherpunks who are credited with developing the first examples of digital currency. Meeting with him at Techcrunch Disrupt, London, It feels logical to begin our discussions where …

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Australian Startup Brighton Peak Launches Bitcoin Exchange

Melbourne-based Brighton Peak has announced today the public launch of its bitcoin exchange, the company’s flagship product. The exchange, powered by AlphaPoint’s technology, promises to be liquid, secure and user-friendly. AlphaPoint is a US-based financial technology company that develops blockchain-enabled solutions to store, track and trade digital assets. The firm is providing Brighton Peak with …

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Why Is the DOJ Bragging About ‘Catching’ A Suspect That Turned Himself In?

Canadian citizen Thomas Roger Clark has been arrested by the FBI in Thailand and is awaiting extradition to the United States on charges of money laundering conspiracy and narcotics conspiracy. If convicted of both charges he could face anywhere between thirty years and life in prison. The FBI alleges that Clark went by the online names …

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Head of Research Says R3 Open Source Blockchain Will Start Operating Within A Year

Tim Swanson, the head of research of R3 CEV has unveiled that the firm’s development team in London is currently developing an open-sourced, generic blockchain, which he said is expected to start operating within a year. Speaking to the Sydney Morning Herald, Swanson said that member banks of R3, the fintech firm based New York leading …

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Uphold Surpasses 3 Million As Record Breaking CrowdInvesting Campaign Ends

Uphold’s crowdfunding campaign on BnkToTheFuture.com ended over the weekend, with the company raising more than $3.1 million, surpassing its $2.5 million minimum goal. Uphold gave out 2.36% equity during this campaign, making it the highest valuation ever on BnkToTheFuture and the second highest total raised in a single campaign. Accounting for Uphold’s previous campaign on BnkToTheFuture …

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Ethereum Announce Launch Of Wallet

Mainstream adoption was a hot topic at the recent Devcon1 conference, with many contributing to the open, honest discussions about how to attract a mainstream audience, one who doesn’t want, or need to understand how the underlying technology works. In the opening panel, wallet designer, Alex van de Sande explained the importance of appealing to …

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