October 2015

Bitcoin Business

Fed Chair: Bitcoin’s Popularity Unrelated to Central Bank Policy

federal reserve US Federal Reserve chairwoman Janet Yellen has issued new comments on how she believes the country's financial regulators should address bitcoin and blockchain technologies, stating that these agencies must be careful not to "stifle innovation".The statements were issued in response to a question…

cineramaOctober 5, 2015

Bitcoin Business

Transparent Bitcoin Applications like OKLink Are a Huge Market in China, Says OKCoin’s Jack Liu

OKCoin's new superwallet allows bitcoin as a background method of money transfers not only across borders, but across currencies as well.Jack Liu, head of international at OKCoin, recently discussed bitcoin in China and as an alternative payment system in an interview with Bloomberg Business .Liu…

cineramaOctober 5, 2015

Bitcoin Business

Former SEC chief Levitt on his push to take on Wells Fargo

The longest serving SEC chairman weighs in on online lending, the Internet bubble, and regulation. SoFi, a company that refinances student loans, said Wednesday that it raised $1 billion in funding . The investment, led by Japanese tech company SoftBank, is believed to be the…

cineramaOctober 5, 2015

Bitcoin Business

Bitcoin Staggers in Australia as Banking Cartel Conspires Against Exchanges

Australia, one of the world’s biggest and most promising Bitcoin markets, has seen a major drop in Bitcoin demand due to a coordinated attack by the banking system against Bitcoin exchanges, reports Reuters Saturday. When Central Bankers Attack Within September alone, 13 out of the…

cineramaOctober 5, 2015

Bitcoin Business

Winklevoss Twins’ Gemini Bitcoin Exchange Finally Wins Regulatory Approval

The Gemini bitcoin exchange, which seems to have been caught up in red tape forever, has finally won regulatory approval from the New York State Department of Financial Services, according to the company’s blog this morning. A Long Time Coming Bitcoin investors and enthusiasts Tyler…

cineramaOctober 5, 2015

Bitcoin Business

Update on BitNation’s Syrian Refugee Relief Efforts Using Blockchain

Syrian Refugee Relief Efforts Using Blockchain. refugee crisis illustration. newsbtc bitcoin news The Syrian refugee crisis in several parts of Europe has been going on for months, as tensions in the country continue to escalate. While some European nations have pledged to accept thousands of…

cineramaOctober 5, 2015

Bitcoin Business

Winklevoss Twins Receive Approval To Launch Bitcoin Exchange Gemini

Gemini, the bitcoin exchanged started by Cameron and Tyler Winklevoss, has finally received approval to launch from the New York State Department of Financial Services (NYSDFS). More specifically, the company is now allowed to operated as a chartered limited liability trust company. Notably, this is…

cineramaOctober 5, 2015

Bitcoin Business

New York regulator issues license to Winkelvoss bitcoin venture

Gemini Trust Company, founded by investors Tyler and Cameron Winklevoss, has been granted a license to operate as a chartered limited liability trust company by the New York State Department of Financial Services, the state regulator announced on Monday.Under the charter, Gemini will operate a…

cineramaOctober 5, 2015

Bitcoin Business

With Gemini, Winklevoss brothers seek respect in bitcoin

The angel-investing twins want to bring Bitcoin mainstream with their exchange. Cameron and Tyler Winklevoss say their approach with their new company was to “ask permission” rather than “ask forgiveness.” That’s why they waited for months to obtain licensing from the New York Department of…

cineramaOctober 5, 2015

Bitcoin Business

Ukraine’s National Bank Issues Bitcoin Warning

Ukraine Central Bank Ukraine's National Bank has warned against the associated risks that come with digital currencies such as bitcoin.A statement from the bank dated 1st October, first reported by Ukrainian news site Finance.ua , said it should not be held liable for any losses…

cineramaOctober 5, 2015

Bitcoin Business

Bitcoin Exchange Gemini Approved for Launch in New York

Gemini, the much-anticipated bitcoin exchange led by entrepreneurs and investors Cameron and Tyler Winklevoss, has received approval from the New York State Department of Financial Services to begin serving US customers.First announced in January , the New York-based startup was advertised as a "fully regulated…

cineramaOctober 5, 2015

Bitcoin Business

SEC Files Charges Against Digital Currency Ponzi Scheme Company

digital currency ponzi scheme illustration. newsbtc bitcoin news The US Securities and Exchange Commission (SEC) filed fraud charges against the operator of an alleged digital currency Ponzi scheme. The US regulator also froze the assets of individuals connected with this purported scam.According to the SEC…

cineramaOctober 5, 2015

Bitcoin Business

Bitcoin’s New ATM Capital of the World Moves Near Military Hot Zone

2015 has been a stabilizing year for Bitcoin, but now its global expansion has taken a unique twist. Thousands of bitcoin ATMs have multiplied like rabbits all year long, but where they have ended up may surprise you. The new global Bitcoin consumer ATM Mecca…

cineramaOctober 5, 2015

Bitcoin Business

Cryptocurrency Trading News: Bitcoin Reattempts Bull Run

ForexMinute.com — The gone weekend in the cryptocurrency market saw Bitcoin reattempting a bull run towards prevailing resistance level. The action seemed typically impulsive, taking price to local peak level once again and offering enough long trade opportunities. However, there was a very little correction…

cineramaOctober 5, 2015

Bitcoin Business

Ukraine’s Central Bank Issues Bitcoin Warning

Bitcoin Orange Logo LG WD The National Bank of Ukraine (NBU), the country’s central bank, has issued a Bitcoin warning to regional banks and other financial institutions, the second after an year’s gap.The latest warning comes in the wake of Bitcoin’s growing popularity within the…

cineramaOctober 4, 2015

Bitcoin Business

Why The Internet Needs IPFS Before It’s Too Late

Amber Case is the former CEO of Geoloqi, a location-based software company acquired by Esri in 2012, a past keynote speaker for SXSWi and at TED, and author of the upcoming O’Reilly book Calm Technology: Designing for Billions of Devices and the Internet of Things…

cineramaOctober 4, 2015

Bitcoin Business

The Ongoing Bitcoin Malleability Attack

Over the past 72 hours, the Bitcoin protocol has been suffering from a malleability attack. The attack has been happening to quite a few users moving funds on the network. The transactions look like bitcoin being sent twice or “double spent.” Typically the real action…

cineramaOctober 4, 2015

Bitcoin Business

$32 Million Cryptocurrency Scam Ceased by the SEC

The US Securities and Exchange Commission (SEC) has ceased a US$32 million cryptocurrency investment scam created by Steve Chen, who misled hundreds of investors to raise millions of dollars, by claiming that the investment firm US Fine Investment Arts, Inc. (USFIA) was a subsidiary of…

cineramaOctober 4, 2015

Bitcoin Business

Bitcoin Takes a Back Seat in Australia. Merchants Stop Accepting it

Bitcoin is now up against another challenge in Australia. Things have never been smooth to this digital currency in the land of kangaroos and koalas. Many merchants across Australia have stopped accepting bitcoin payments, dealing a severe blow to bitcoin adoption in the country.The decision…

cineramaOctober 4, 2015

Bitcoin Business

Exclusive: An Interview with Susanne from Bitnation

Bitnation was recently in the news for assisting European nations to process the refugees entering Europe and providing support to these refugees as well. We caught up with Ms. Susanne Tarkowski Tempelhof, the founder and CEO of Bitnation to know more about the organization, projects…

cineramaOctober 4, 2015

Bitcoin Business

Coinplug Raises $5 Million, Will Launch New Products Soon

Coinplug, the South Korea and Silicon Valley based bitcoin company has recently closed its Series B fundraising round. The company has managed to raise $5 million in investment from a group of investment firms led by SBI Investment.According to reports, with the latest investment Coinplug…

cineramaOctober 4, 2015

Bitcoin Business

Bitcoin flounders in Australia as regulatory worries bite

Australian businesses are turning their backs on bitcoin, as signs grow that the cryptocurrency's mainstream appeal is fading.Concerns about bitcoin's potential crime links mean many businesses have stopped accepting it, a trend accelerated by Australian banks' move last month to close the accounts of 13…

cineramaOctober 3, 2015

Bitcoin Business

World Economic Forum Survey — Bitcoin to Reach the Tipping Point by 2027

Introduced in 2009, Bitcoin adoption has gradually increased across the world. However, the levels of adoption hasn’t reached the threshold numbers to reach mainstream yet. In order to enter mainstream economy, the bitcoin user base has to touch the threshold level. According to a recent…

cineramaOctober 3, 2015

Bitcoin Business

Is a Corrupt FBI Official Threatening Ross Ulbricht’s Family?

Is Ross Ulbricht’s family in danger? According to CoinTelegraph , Diamond, the alleged alias of a possibly corrupt FBI agent, has delivered threats of torture towards Ulbricht’s mother and sister, hoping to obtain the password for a bitcoin account allegedly containing 300,000 bitcoins (roughly about…

cineramaOctober 3, 2015

Bitcoin Business

Jakob de Haan on Dutch Central Bank and Bitcoin

‘Bitcoin is the future of global economy’ is the mantra for many bitcoin enthusiasts. The potential of bitcoin as a global currency, replacing existing fiat currencies has been widely covered by many publications, including NewsBTC . Considering the scenario, many people are automatically led to…

cineramaOctober 3, 2015

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