Month: September 2016

Velocity Previews SC System, Short/Long on ETH Price

Velocity is previewing its smart contract Ethereum-powered system. Velocity will offer long and short contracts based on an asset’s price. Yesterday, they launched a Testnet Alpha program. The platform is currently limited to betting on the ETH/BTC price and the Testnet’s play money. That said, its tools look impressive for a project in its pre-launch stage. Velocity grabs the Ethereum price …

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Gatecoin Adds Ethereum-Based eSports Dapp Token FirstBlood For Trading

Gatecoin, a regulated cryptocurrency trading platform based in Hong Kong, has launched trading of FirstBlood (1ST), the token that powers the Ethereum-based eSport platform operating under the same name. FirstBlood is a decentralized eSports gaming platform built on Ethereum that lets users compete and challenge each other on popular online games such as League of …

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Introducing BCoin, Purse’s Bitcoin Javascript Library

I’m no programmer, but even I know BitcoinQt (Core) is difficult to work with. Every programmer says so. Core is tried and tested but cumbersome and its development is byzantine. Enter BCoin, the Javascript bitcoin library that includes all the latest enhancement. Made by Purse specifically for its wallet and merchant backend, it is completely opensource and according …

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IBM and China UnionPay Unveil New Blockchain System For Loyalty Points

IBM Research and China UnionPay E-payment Research Institute have unveiled a new blockchain system for loyalty bonus points exchange among multiple banks. A demo of the collaborative project was showcased during the International Blockchain Week 2016, a major event that took place last week in Shanghai, following a successful pilot. ‘Breaking New Ground With Blockchain’ …

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Congressional Blockchain Caucus Formed

Coin Center’s efforts in Washington D.C. seem to be paying off. A bipartisan caucus dedicated to the “advancement of sound public policy” relating to blockchain technologies has been formed. Rep. Mick Mulvaney  (R.-SC) and Rep. Jared Polis (D.-CO) announced the formation of the Congressional Blockchain Caucus and credited Coin Center in being vital in its formation. …

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This Blockchain Startup CEO Doesn’t Think Bitcoin is Going Away

Over the past year or two, large financial institutions and tech companies have taken a liking to Bitcoin’s underlying blockchain technology. Many bank executives, such as JPMorgan Chase CEO Jami Dimon, were initially dismissive of Bitcoin entirely, but they now see value in the some aspects of the technology first released by Satoshi Nakamoto in …

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Litecoin To Be Added To Jaxx

Cryptocurrency wallet Jaxx has announced plans to integrate litecoin into its platforms and apps following “significant community demand.” Litecoin, the fourth largest cryptocurrency by market capitalization valued at approximately US$180 million, has already been pre-approved by Apple. The integration will come into effect in early-October. “We received countless requests from the community to add support …

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Wirex Combines With Shapeshift to Bring Altcoins To Debit Cards

Wirex’s bitcoin funded debit cards have seen favorable reviews. Now, users can use any popular cryptocurrency to fund their cards. Wirex has announced via press release that it has integrated Shapeshift, enabling “dozens” of the alternative cryptocurrencies supported by that platform. Shapeshift also posted the news on its blog. Wirex offers both virtual and physical VISA …

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Seven Financial Institutions Complete Proof of Concept of Blockchain Platform

Seven financial institutions, including Alliance Bernstein, Citi, Credit Suisse and HSBC, have completed a multi-month proof-of-concept aimed at assessing the merits of blockchain to simplify reference data processes. The group, working with fintech startups R3 and Axoni through the Securities Industry and Financial Markets Association (SIFMA), sought to use blockchain technology to enhance risk management, …

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House of Representatives Proclaims Support Of Blockchain, Non-Fiat Currencies

The United States House of Representatives has passed House Resolution 835. The resolution, among other things, expresses support for blockchain technologies and non-fiat currencies. The House of Representatives of the 114th Congress passed the Resolution on September 12th. Cryptocurrencies and blockchain technology are not the entire focus of the resolution. Rather, it is a declaration that …

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French Financial Institution BNP Paribas Expands Blockchain Platform

BNP Paribas Securities Services, a French provider of securities services and a wholly-owned subsidiary of French financial institution BNP Paribas Group, has expanded its blockchain platform for private stocks to allow private companies to issue mini-bonds via crowdfunding platforms. For the initiative, the firm has partnered with renewable energy crowdfunding startups Lendosphere, Enerfip and Lumo. …

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Siam Commercial Bank Becomes First FI in Thailand to Embrace Blockchain Technology

SBC Digital Ventures, the venture arm of Siam Commercial Bank, has participated in Ripple’s US$55 million Series B funding round, making it the first Thai financial institution to invest in a blockchain company and to express interest in the use of the technology for financial services. “Siam Commercial Bank is excited to take a pioneering …

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Apple Approves Steem, Lisk and Digicash for App Store; Rejects Ethereum Classic

Steem, Lisk and Digicash have officially been approved by Apple and accepted for inclusion in the iOS App Store, bringing the current number of supported cryptocurrencies by Apple to nine. Steem, Lisk and Digicash join bitcoin, dogecoin, litecoin, ether, Ripple and DAO tokens. The approval of Steem, Lisk and Digicash comes shortly after a previous version …

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Cryptocurrency Pubcon to Launch in NYC in October

3DHR Holdings has announced the launch of Cryptocurrency Pubcon, a new networking show to discuss Bitcoin, Ethereum, blockchain technology and investment strategies. The event, which will take place on October 08, 2016, is expected to attract over 1,000 cryptocurrency enthusiasts. “CryptoCurrencyPubCon is the first cryptocoin and blockchain event that is reasonably priced so that anyone …

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Blockchain Investment in 2016 Hits US$290M as Banks Accelerate Development

Venture capital investment into blockchain and Bitcoin companies has reached US$290 million in the first six months of the year through over 30 deals, according to a report by Juniper Research. More than a third of all investment was accounted for by three companies: Circle with its US$60 million Series D round; Blockstream, a US$55 …

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