July 3, 2016

Bitcoin Business

Top Ten Books This Week – July 4, 2016

Top fiction and non-fiction works of this week | By Yentha Non Fiction------------------1.Erin Meyer :The Culture Map :Decoding How People Think Lead and Get Things Done Across Cultures :Rs 599.00 Whether you work in a home office or abroad, business success in our ever more…

cineramaJuly 3, 2016

Bitcoin Business

Bitcoin Price Technical Analysis for 07/04/2016 – Slow Climb From Here?

Bitcoin Price Key Highlights Bitcoin price recently sold off but found support around the $650 area as predicted in an earlier article . This was in line with the 200 SMA, which held as a dynamic support level. Bullish pressure seems to be building up…

cineramaJuly 3, 2016

Bitcoin Business

Walmart Pay Is Now Live In Over 30 US States

The world of mobile payments is filled with different competitors these days. Walmart, one of the biggest brands in the US, has created their own payment solution. Walmart Pay, as this concept is called, is slowly expanding its reach across the US. For now, this…

cineramaJuly 3, 2016

Bitcoin Business

DAO Attack Nullified Using Synereo’s Smart Contracting Language

Designing expressive distributed protocols that can gracefully withstand attacks and manipulation is not a trivial task. Even solving a relatively simple use case, Bitcoin’s success in providing currency free of central control was certainly cause for celebration. When dealing with more complex problems, like financial…

cineramaJuly 3, 2016

Bitcoin Business

MGT’s Bitcoin Mining Facility to Counter Growing Chinese Dominance?

China has always been considered as a threat in the capitalistic economic system. The world’s largest country in terms of population has been blamed for eating into the jobs as it continues to be a favored manufacturing destination for many companies across the world. The…

cineramaJuly 3, 2016

Bitcoin Business

Boom or bust ahead for fintech companies?

BI Intelligence What’s really going on in financial technology?Financial technology, or “fintech” for short, is threatening to turn traditional financial fields like banking, lending, asset management and insurance upside down. New firms are using new mobile, social and digital technology to find new customers and…

cineramaJuly 3, 2016

Bitcoin Business

Heifer International Now Accepts Bitcoin Donations Through BitPay

The non-profit industry is definitely warming up to the thought of adopting bitcoin as an additional channel for receiving donations. Heifer International, a 72-year-old nonprofit has become the latest one to join the ranks by tying up with BitPay. BitPay , the leading bitcoin payments…

cineramaJuly 3, 2016

Bitcoin Business

Bitcoin Price Sell-Off To $650

Bitcoin price made a corrective high at $705 (Bitstamp) and was then sold off to $650 for the duration of the day. What the market does next will determine trend for the next week. This analysis is provided by xbt.social with a 3-hour delay. Read…

cineramaJuly 3, 2016

Bitcoin Business

Making Bitcoin Taxable: Pros and Cons

Would Bitcoin enhance taxing and provide more effective ways for governments to make citizens accountable, or would it create a hole for users of the currency to evade tax? Cointelegraph asked experts how Bitcoin could affect certain government and societal processes such as taxation.The pro-Bitcoin…

cineramaJuly 3, 2016

Bitcoin Business

The Cobra-Bitcoin Mystery Needs To Be Solved

In a story we covered yesterday, it became apparent that Cobra-Bitcoin is for releasing newer versions of the Satoshi Nakamoto Bitcoin whitepaper. However, many people assumed Cobra is a member of the BlockStream development team. While that is hard to confirm or deny at this…

cineramaJuly 3, 2016

Bitcoin Business

Pound Sterling Continues Downward Trend On Bank of England News

This week has not been a good one for the Pound Sterling. As it turns out, the currency continues to lose its value out of bears the Bank of England will create a stimulus package. If the Bank of England has anything to say in…

cineramaJuly 3, 2016

Bitcoin Business

Mexican Central Bank Raises Rates to Counter Peso Slump: Opportunity for Bitcoin

Facing a weakening peso, Mexico raised interest rates on Thursday. Banco de Mexico, the nation’s central bank, raised its rate by half a percentage point to 4.25%, higher than projected.According to Jose Rodriguez , VP of Payments for cryptocurrency exchange Bitso , this is because…

cineramaJuly 3, 2016

Bitcoin Business

#Brexit + #fintech: What happens now?

Shefali Roy is the former European Compliance Officer and Money Laundering Reporting Officer for Stripe. Prior to Stripe, Shefali headed up compliance, business conduct and risk across Europe, the Middle East, India and Africa for Apple, was the Chief Compliance & Ethics Officer for Christie's…

cineramaJuly 3, 2016

Bitcoin Business

Puerto Rico Debt Default Creates Bitcoin Opportunities

Puerto Rico is not often mentioned in a positive content when it comes to the financial sector. Neither is this story, unfortunately, as the country decided to default on its debt. But at the same time, the reason for doing so makes a lot of…

cineramaJuly 3, 2016

Bitcoin Business

Bitcooin BIP 75 Proposal Raises Debate: Security/Privacy vs Easy-To-Use Wallets

The BIP 75 proposal to improve bitcoin’s ease of use has drawn a lot of criticism among bitcoiners on account of the option for a receiver to identify himself to the sender, according to an article by Bitcoin Magazine’s Kyle Torpey disseminated by Nasdaq .…

cineramaJuly 3, 2016

Bitcoin Business

John McAfee to Launch Giant Bitcoin Mining Operation in the U.S

Photo: John McAfee (YouTube) It is feared by many that the utter dominance of Bitcoin mining by a handful of Chinese firms will doom the cryptocurrency. However, despite the fact that international competitors such as KnCMiner were driven to bankruptcy , a new venture dares…

cineramaJuly 3, 2016

Bitcoin Business

Another Look at Emercoin Blockchain as It Rides Higher on Microsoft Azure Release

Emercoin recorded a surge in its 24 hour trade volume , after the Emercoin Blockchain Engine was released on Microsoft’s Azure platform.Working with the Azure platform enables it to be deployed using CentOS or Ubuntu in the cloud.A news release from Emercoin says: “With this…

cineramaJuly 3, 2016

Bitcoin Business

Puerto Rico Defaults on Debt: Invest in Bitcoin Instead

Puerto Rico defaulted on its public debt . The US island territory failed to pay its general obligation bonds on Friday. It owes an estimated $800 million to creditors, while only retaining $350 million in cash on hand.A spokesperson for the governor defended the decision…

cineramaJuly 3, 2016

Bitcoin Business

Bitcoin Ransomware May Soon Become a Thing of the Past

Ransomware has been around since 1989 after Joseph Popp created the first malware known as AIDS or PC Cyborg . After 27 years, internet users are still finding themselves becoming targets to advanced versions of these malware which holds them for ransom by encrypting all…

cineramaJuly 3, 2016

Bitcoin Business

The Silk Road Saga Continues, Shaun Bridges May Have Stolen More Bitcoins!

It has been over a year since the news about the involvement of two law enforcement agents from the US Drug Enforcement Agency (DEA) and US Secret Service in the theft of bitcoin belonging to Silk Road hit the stands. Shaun Bridges , the convicted…

cineramaJuly 3, 2016

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