May 29, 2016

Biometrics Privacy Rule Change Put On Ice In Illinois

Another victory is in the books for people who value encryption and privacy, as a plan to weaken biometric privacy has been put on ice. This proposal was initially pitched by Illinois Senator Terry Link, as he wanted to collect more biometric data from consumers.for…

cineramaMay 29, 2016

Bitcoin Business

Colony Will Have Its Own Non-Profit Foundation

In an extensive blog post, Jack du Rose, Founder of Colony, announced the creation of the non-profit Colony Foundation, which will develop the open source Colony smart contract network on Ethereum. Colony is a startup using Ethereum’s Blockchain to make it easy for people all…

cineramaMay 29, 2016

Bitcoin Business

Bitcoin Market Cap Above $8 Billion as Price Crosses $520

Photo: Finance Magnates The world’s leading cryptocurrency, Bitcoin, has marked another important milestone today with regard to market valuation. The total capitalization of all bitcoins in existence is now well over $8 billion again, a benchmark not seen since July 2014. For comparison, the market…

cineramaMay 29, 2016

Bitcoin Business

Bitcoin Price Analysis (Week of May 29th)

After an almost month-long correction toward the upward trend, Bitcoin has continued its long-term upward movement. What is the nature of that growth, and what should be expected now? The current growth was anticipated The possibility of the long-term upward trend contuing was evident since…

cineramaMay 29, 2016

Bitcoin Business

Technological innovation is often simply an innovation in how we think about technology

It may slip our notice, but technological innovation is often reducible to an innovation in the marketing and conceptualization of technology. Take Viv, the new personal assistant from the makers of Siri. It promises to simplify the process of ordering pizza or buying cinema tickets,…

cineramaMay 29, 2016

Bitcoin Business

Bitcoin Price Advances Above $500

Bitcoin price continued advancing strongly and cleared $500 with minimal effort yesterday. Sunday trade has been mostly corrective, but there is no strong sign that the advance is over. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here .…

cineramaMay 29, 2016

Bitcoin Business

D10e to Deliver First-of-its-Kind Blockchain Event With Virtual Reality

Bitcoin Press Release: July’s two-day conference also featuring Andreas Antonopoulos as keynote speaker Vancouver, B.C. — The Vanbex Group and d10e are proud to announce a new partnership between the Vancouver-based professional services firm and the international conference hosts. The Vanbex Group will provide communications,…

cineramaMay 29, 2016

Bitcoin Business

Why ABN Amro Wants to Separate Bitcoin from the Blockchain

For ABN Amro’s director of transaction banking, the company’s strategy on blockchain tech can be best described with a restaurant analogy. If you were looking to enter the business, Karin Kersten argues, you might first invest in a restaurant. Next, you might try to get…

cineramaMay 29, 2016

Bitcoin Business

Venezuelan Pastry Shop Accepts Bitcoin Despite Public Distrust

A Venezuelan pastry shop, Tortas Don Eduardo, accepts bitcoin , despite the fact that acceptance has been slow, according to diariobitcoin.com , a Latin American bitcoin journal. The proprietor, Eduardo Hernandez, investigated bitcoin while using the web in his work. “At first, the concept of…

cineramaMay 29, 2016

Bitcoin Business

Why I’m a Proud “Altcoin Shill”

I have been a vocal enthusiast of cryptocurrency for years now, so much so that now I write about it every chance I get. However, when I write about cryptocurrencies other than Bitcoin, I occasionally get some flak in the comments. Some Bitcoin lovers can…

cineramaMay 29, 2016

Bitcoin Business

Revisiting The Bitcloak Bitcoin Mixing Service

The primary purpose of a Bitcoin mixing service is to provide additional anonymity and privacy to its users. Bitcloak is a new mixing service trying to make a name for itself, and it looks like some things have changed since its initial launch in February…

cineramaMay 29, 2016

Bitcoin Business

Bitcoin Prices Break $500 Barrier to Hit 20-Month High

Bitcoin prices broke through $500 on 28th May, building on the previous day’s momentum to reach a level not seen since August of 2014. The sharp increase notably helped extend the digital currency’s recent rally, which has provided a stark contrast to the relative stability…

cineramaMay 29, 2016

Bitcoin Business

Surging Bitcoin Price Is Appealing To Chinese Depositors

It has been a pretty stellar weekend for Bitcoin enthusiasts all over the world so far, as the price keeps going up and there is no end in sight. Albeit some resistance has been made at an earlier peak, the Chinese market keeps driving the…

cineramaMay 29, 2016

Bitcoin Business

Recap of The First 24 Hours of Trading The DAO Token

Now that people can trade The DAO tokens, various exchanges are trying to compete for the top spot. Poloniex remains the clear market leader, and Kraken is taking a bigger lead over Bittrex than yesterday. These are still the very early days of trading this…

cineramaMay 29, 2016

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