May 10, 2016

One of Ripple’s Early Supporters is Now Using Ethereum to Rethink Banking

One of the first banks to become involved in the blockchain space, German online bank Fidor has long been quiet about the shifts in its tech strategy even as more financial incumbents have followed in its footsteps through investments and partnerships.Just how early was Fidor?…

cineramaMay 10, 2016

Bitcoin Business

BitPagos uses the blockchain to enable credit for online payments in emerging markets

The world is familiar with bitcoin being used for many things. Online payments, long-distance remittance, even a substitute for gold, but what about credit? Not so much — and that’s where BitPagos , a startup competing in the Battlefield pitch competition at TechCrunch Disrupt New…

cineramaMay 10, 2016

Bitcoin Business

Dark Web Conference Coming to New York May 12

Alan Meckler , the man behind the 1990s’ Internet World and Inside Bitcoins over the past few years, is launching a new conference in collaboration with TMC: Inside Dark Web . The new dark web conference will take place at the Museum of Jewish Heritage…

cineramaMay 10, 2016

Bitcoin Business

Does the Lightning Network Threaten Bitcoin’s Censorship Resistance?

The Lightning Network may well be Bitcoin’s primary solution to the issue of scalability , but many skeptics believe there are unresolved issues with this layer-2 system for the blockchain. The possibility of too much centralization via so-called “supernodes” is one of the common criticisms…

cineramaMay 10, 2016

Bitcoin Business

Bitcoin Price Correction Below Resistance

Bitcoin price confidently pushed into the resistance zone below $470 yesterday, only to fall short and sell-off, today. Today’s analysis identifies potential technical support in the chart. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here . Not a…

cineramaMay 10, 2016

Bitcoin Business

Norway Authorities Nab 15 Drug Dealers In Silk Road ‘2.0’ Operation

Norway police made their largest drug bust ever last month when they arrested 15 people selling drugs on what they claim is the second version of the notorious Silk Road online marketplace that the U.S. Federal Bureau of Investigation closed in 2013, according to the…

cineramaMay 10, 2016

Bitcoin Business

Blockchain Fueled Financial Operating Network Fluent Closes $1.65MM Seed Round

Fluent , the financial operating network for global commerce built on Blockchain technology, has just released it has raised $1.65 million in a series seed funding round led by ff Venture Capital and joined by Digital Currency Group, Crosscut Ventures, Draper Associates, Fenbushi Capital, Lindbergh…

cineramaMay 10, 2016

Bitcoin Business

Lisk releases modular cryptocurrency with sidechains

Following a $6.5m crowdsale, Lisk, the JavaScript compatible cryptocurrency, has deployed its version 3.0 with sidechains capability. Lisk is an app store for peer-to-peer apps that work with a blockchain (the digital ledger popularly used by Bitcoin) or its sidechains (essentially, blockchain-to-blockchain operations and ledgers).By…

cineramaMay 10, 2016

Bitcoin Business

The Blockchain Revolution: 10 European Fintech Startups to Watch in 2016

NexusLab , Zurich-based business platform, has gathered 10 teams to develop new applications of blockchain technologies in different industries; half of startups are from Nordics.Daniel Grassinger, managing director of Nexuslab and co-founder of Nexussquared, says: “Having identified and scouted more than 260 European early-stage blockchain…

cineramaMay 10, 2016

Bitcoin Business

Why CME, ICE Pricing Data Are About to Boost Bitcoin

Mainstream exchange embrace of Bitcoin could lead to less volatility and further acceptance and new opportunities. In what can be seen as a mainstream financial world’s embrace of Bitcoin, the Chicago Mercantile Exchange (CME) and Intercontinental Exchange Inc. (ICE) are all set to publish data…

cineramaMay 10, 2016

Bitcoin Business

Bitcoin Market OpenBazaar Unveils Plans for Tor Support, Mobile App

The distributed bitcoin-powered marketplace app OpenBazaar has published a long-term roadmap in a bid to become a global leader in censorship-resistant trade. Since launch, OpenBazaar has seen a wide variety of vendors sign up to sell goods including caramel waffles, chili peppers and cannabis seeds…

cineramaMay 10, 2016

Bitcoin Business

Dark Web Conference Coming to New York May 12

Alan Meckler , the man behind the 1990s’ Internet World and Inside Bitcoins over the past few years, is launching a new conference in collaboration with TMC: Inside Dark Web . The new dark web conference will take place at the Museum of Jewish Heritage…

cineramaMay 10, 2016

Bitcoin Business

Does the Lightning Network Threaten Bitcoin’s Censorship Resistance?

The Lightning Network may well be Bitcoin’s primary solution to the issue of scalability , but many skeptics believe there are unresolved issues with this layer-2 system for the blockchain. The possibility of too much centralization via so-called “supernodes” is one of the common criticisms…

cineramaMay 10, 2016

Bitcoin Business

Wladimir van der Laan: “There is Something Truly Fishy Going On”

Wladimir van der Laan, one of the Bitcoin Core developers, has shared his thoughts with the world on recent Satoshi Nakamoto debacle. He strongly feels there is something”truly fishy” is going on, and Bitcoin has attracted opportunists of all kinds in the past. Wladimir van…

cineramaMay 10, 2016

Bitcoin Business

Was There a Connection Between Craig Wright and Bitcoin Price?

The mainstream media has been having a field day ever since Craig Wright, the Australian computer scientist proclaimed himself to be the Satoshi Nakamoto. After Craig Wright failed to convincingly prove that he and Satoshi Nakamoto are one and the same, the media has painted…

cineramaMay 10, 2016

Bitcoin Business

Bing Search Results Riddled With Fake Bitcoin Wallet Providers

When novice users are on the lookout for a proper Bitcoin wallet solution, search engines are the first tool they will wield. However, throughout the years, various fake wallet providers have made their way to the top of search results, and especially Bing seems to…

cineramaMay 10, 2016

Bitcoin Business

Lack of Dough Forces Spondoolies-Tech to Stop Operations

The Bitcoin industry can get unpredictable sometimes, just like the value of digital currency. In one such sudden, out of the blue announcement, Spondoolies-Tech’s CEO, Guy Corem in a post on the company’s page has announced that they have shut down their operations.The Israeli Bitcoin…

cineramaMay 10, 2016

Bitcoin Business

Banca IMI Researcher: Blockchain Won’t Work if Banks Don’t Change

A new paper on blockchain technology has been released by the head of interest rate and credit models at Banca IMI , an investment banking and capital markets subsidiary of Intesa Sanpaolo. The paper highlights “real business cases” for the technology, arguing that financial services…

cineramaMay 10, 2016

Bitcoin Business

Coinfirm Opens First Blockchain Lab in Central Europe

Blockchain startup Coinfirm.io has announced the launch of the first Blockchain lab to collaborate on the innovation’s development, research and collaboration in the region. Coinfirm, a Polish blockchain startup has launched the Coinfirm Block Lab, a go-to hub for blockchain development and research. The platform…

cineramaMay 10, 2016

Bitcoin Business

Password Manager LastPass Hints at Bitcoin Acceptance

LastPass, commonly known as the most popular password manager and vault around has hinted at Bitcoin acceptance as payment for its paid (and premium) accounts. Widely-used password manager and storage vault LastPass could soon begin accepting bitcoin as payment from users. The reveal came via…

cineramaMay 10, 2016

Bitcoin Business

LendingClub and Hedge-Fund Pay

LendingClub. I confess that I don't understand the LendingClub scandal. LendingClub sold $22 million worth of "near-prime loans" to one investor ( Jefferies ) "in contravention of the investor's express instructions as to a non-credit and non-pricing element"; it noticed the problem "with the discovery…

cineramaMay 10, 2016

Bitcoin Business

10 Quotes That Defined Consensus 2016

Held one week ago in New York City, CoinDesk's Consensus 2016 blockchain conference brought together speakers from all over the world to unveil new products, discuss the major issues of the day and begin to help plotting a course forward for the future of the…

cineramaMay 10, 2016

Bitcoin Business

Banca IMI Researcher: Blockchain Won’t Work if Banks Don’t Change

A new paper on blockchain technology has been released by the head of interest rate and credit models at Banca IMI , an investment banking and capital markets subsidiary of Intesa Sanpaolo. The paper highlights “real business cases” for the technology, arguing that financial services…

cineramaMay 10, 2016

Bitcoin Business

Bitcoin Wallet iPay You Simplifies Sending And Receiving Bitcoin

iPay You, a Seattle, Wash.-based bitcoin wallet created by Gene Kavner, a former director of Amazon Associates and a Microsoft veteran, allows users to send bitcoin to people who don’t already have a bitcoin account, using text or email. It also makes it possible to…

cineramaMay 10, 2016

Bitcoin Business

5 Reasons to join BTCPOP

Bitcoin Press Releases: You already know that BTCPOP is the best P2P bitcoin lending website, but maybe you’re still unsure about whether or not it’s the right platform for your bitcoin needs. Well, doubt no more, we’ve got a list of BTCPOP’s Top Five features…

cineramaMay 10, 2016

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