Daily Archives

May 27, 2016

Kraken Announces Multiple Fiat-based Pairs for DAO tradersBitcoin Business

Kraken Announces Multiple Fiat-based Pairs for DAO traders

San Francisco-based digital currency exchange Kraken has announced support for DAO (Decentralized Autonomous Organization) tokens, with seven fiat-based DAO trading pairs: DAO/XBT, DAO/ETH, DAO/EUR, DAO/USD, DAO/CAD, DAO/GBP and DAO/JPY.The launch of the new trading pairs, which is scheduled for May 28th, will come with all…
cinerama
May 27, 2016
Kraken to Add DAO Trading as Critics Call for ‘Moratorium’Bitcoin Business

Kraken to Add DAO Trading as Critics Call for ‘Moratorium’

Just over two weeks after Ethereum-powered The DAO sparked global headlines, San Francisco-based digital currency exchange operator Kraken has announced it will offer trading pairs for tokens representing voting rights in the decentralized autonomous organization.The move comes amid continued discussion in the blockchain community about…
cinerama
May 27, 2016
Will Blockchain Technology Replace Cash?Bitcoin Business

Will Blockchain Technology Replace Cash?

500 euros banknote(THOMAS COEX/AFP/Getty Images) The European Central Bank (ecb) decided on May 4 to withdraw the €500 banknote from circulation by the end of 2018. The stated reason is that the bill is often used for illicit cash transactions. Although most supporters of this…
cinerama
May 27, 2016
Bitcoin Mining Firm KnCMiner Declares BankruptcyBitcoin Business

Bitcoin Mining Firm KnCMiner Declares Bankruptcy

Sweden-based bitcoin mining firm KnCMiner, a startup that has raised $29m in venture funding from investors including Accel and Creandum, has declared bankruptcy.Once one of the industry's fastest-growing mining firms, the bankruptcy filing and entrance into receivership marks a new and perhaps penultimate phase for…
cinerama
May 27, 2016
Bitcoin Price At a 2016 HighBitcoin Business

Bitcoin Price At a 2016 High

Bitcoin price has been traded through resistance – an initial sign of a larger wave of advance. A few cautions remain as we await additional confirmation that resistance has become support. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis…
cinerama
May 27, 2016
Ethereum Mining Made Possible on Weak PCsBitcoin Business

Ethereum Mining Made Possible on Weak PCs

Minergate , one of the largest multi-currency mining pools, has recently added the Ethereum mining feature to its mining client.The main idea behind Minergate is the ease of use and approachability for amateur miners, without any associated drawbacks for professionals. Variable difficulty, a defining feature…
cinerama
May 27, 2016
Russia Is Considering Its Own CryptocurrencyBitcoin Business

Russia Is Considering Its Own Cryptocurrency

The Russian Ministry of Finance, known for its disdain and intent to criminalize bitcoin activity, is considering the issuance of a state-controlled cryptocurrency in discussions with banks and regulators. The idea of a state-controlled cryptocurrency in Russia is currently being deliberated in meetings between the…
cinerama
May 27, 2016
Greece Government Approves New Strategy To Ban CashBitcoin Business

Greece Government Approves New Strategy To Ban Cash

The financial situation in Greece is not improving by any means, as new regulation imposes even more restrictions. Cash purchase limits have been reduced, and significant transactions must be completed with a payment card. Greece imposes More Financial Guidelines People who have been following the…
cinerama
May 27, 2016

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