Daily Archives

July 25, 2016

PayPal breaks new company recordsBitcoin Business

PayPal breaks new company records

This story was delivered to BI Intelligence " Payments Briefing " subscribers. To learn more and subscribe, please click here . PayPal processed $86.2 billion in total payment volume (TPV) in Q2 2016, marking an increase of 29% year-over-year (YoY).That’s a new record for the…
cinerama
July 25, 2016
Bitcoin Is Not Money, Miami Judge RulesBitcoin Business

Bitcoin Is Not Money, Miami Judge Rules

Case dismissed. A judge dismissed a widely watched money laundering case in Florida on Monday by ruling that Bitcoin, the cryptocurrency, is not money.Michell Esponiza, the defendant, had sold $1,500 worth of the virtual currency to undercover police officers who said they intended to buy…
cinerama
July 25, 2016
Paying With Bitcoin Through Payza Can Get ComplicatedBitcoin Business

Paying With Bitcoin Through Payza Can Get Complicated

Using intermediary services when making payments can be quite a pain to deal with. Unfortunately, companies dealing with Bitcoin are not exempt from this rule. Payza, a well-respected online payment platform, recently started accepting Bitcoin payments for deposits and withdrawals. However, there are still some…
cinerama
July 25, 2016
Bitcoin Scam Site Warning – 10BitzBitcoin Business

Bitcoin Scam Site Warning – 10Bitz

The time has come to look at yet another Bitcoin Ponzi Scheme, of which there are far more than one can count these days. 10Bitz offers some interesting rewards for investors, but no one should expect any legitimacy from this company whatsoever. Earning 10% daily…
cinerama
July 25, 2016
Don Tapscott Believes Blockchain Can Disrupt Any IndustryBitcoin Business

Don Tapscott Believes Blockchain Can Disrupt Any Industry

Don Tapscott, CEO of the Tapscott Group and the co-author of Blockchain Revolution, appeared on an interview hosted by multi-billion dollar management consulting firm McKinsey & Company, to discuss the serious disruptive nature of the blockchain technology and its applications.Circumventing the realm of the financial…
cinerama
July 25, 2016
Bitcoin Price Analysis: Bear JunctionBitcoin Business

Bitcoin Price Analysis: Bear Junction

Bitcoin price continues teetering on the edge of a precipice. A valiant effort to escape gravity, late on Sunday, has only seen price slump back toward $650. Unless the buyers capitulate, a large decline seems inevitable. This analysis is provided by xbt.social with a 3-hour…
cinerama
July 25, 2016
Visa's new portfolio could give it a boostBitcoin Business

Visa’s new portfolio could give it a boost

This story was delivered to BI Intelligence " Payments Briefing " subscribers. To learn more and subscribe, please click here . Visa posted gains in revenue and payments volume in Q2 2016, despite global political and economic challenges and initial losses from the recent purchase…
cinerama
July 25, 2016
Gibraltar Stock Exchange adds Bitcoin ETIBitcoin Business

Gibraltar Stock Exchange adds Bitcoin ETI

BitcoinETI, an asset-backed Exchange Traded Instrument that exclusively invested in bitcoin will be included in the Gibraltar Stock Exchange under the ticker BTCETI. In an announcement today, the Gibraltar Stock Exchange (GSX) has revealed its addition of BitcoinETI, a bitcoin-centric Exchange Traded Instrument (ETI). The…
cinerama
July 25, 2016
AI will solve planet’s hardest problemsBitcoin Business

AI will solve planet’s hardest problems

LONDON: As you’re choking down your latest serving of Trump Clinton Brexit Racism Terrorism Wealth Gap Climate Change Casserole, you could use some good news.Let’s start with The Inevitable, the new best-seller by Kevin Kelly, the founder of Wired magazine some 20 years ago and…
cinerama
July 25, 2016
Blockchain: Good or Bad for Art and Artists?Bitcoin Business

Blockchain: Good or Bad for Art and Artists?

An artistic project has launched a crowdfunding program to highlight the perceived negative influence of blockchain technology on art.The project, based in the UK, aims to print an illustrated book titled: Artists Re:Thinking the Blockchain to explore the effects of this new technology on the…
cinerama
July 25, 2016
PwC FinTech Lead Joins Blockchain Startup LibraBitcoin Business

PwC FinTech Lead Joins Blockchain Startup Libra

PwC US FinTech lead Jeremy Drane has officially left the 'Big four' firm to serve as chief commercial officer for blockchain startup Libra.Formerly a startup offering tax compliance and reporting software to bitcoin users, the moves comes amid a transition at Libra that finds the…
cinerama
July 25, 2016

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