August 2016

Square adds more robust software services

This story was delivered to BI Intelligence " Payments Briefing " subscribers. To learn more and subscribe, please click here . Square, which has recently been laser-focused on its software and services growth, announced an expansion of its Instant Deposit program in order to add…

cineramaAugust 1, 2016

Bitcoin Business

ETHXBT Technical Analysis – Fresh Downside Breakout!

ETHXBT was previously consolidating inside a descending triangle pattern before finally making a break lower. This signals that sellers are taking control of price action, likely leading to more declines for ethereum against bitcoin. Risk aversion seems to be weighing on financial markets once more,…

cineramaAugust 1, 2016

Bitcoin Business

Coinbase CEO Brian Armstrong States The Company Can Cover All User Deposits

There has been some concern regarding the solvency of the Coinbase exchange ever since a bug was discovered to receive “free” ETC when buying Ethereum. Many people felt the company was not taking precautionary steps to protect themselves from the replay attack vector. But in…

cineramaAugust 1, 2016

Bitcoin Business

Brave Bitcoin Browser Secures Funding And Announces September Launch

The Brave Bitcoin browser has been attracting a lot of attention as of late. Now that the team has secured US$4.5m in funding, the tentative launch date has been scheduled for September 2016. The company hopes to change the way people browse the internet and…

cineramaAugust 1, 2016

Bitcoin Business

Without Unified, Federal Regulations for Digital Currencies, the U.S. Risks Falling Behind

The divided regulatory policies and frameworks on digital currencies, including Bitcoin, in the United States have created an impractical ecosystem for startups to operate in.The country’s state-by-state regulations for money transmission licensing has led to an unclear regulatory framework for digital currencies, with some states,…

cineramaAugust 1, 2016

Bitcoin Business

The Solution to the Breakdown in Public Blockchains Governance

The most exciting thing to happen in the digital currency space since its invention is the controversial hardfork of Ethereum . Unlike much of what has gone before, the hardfork brings to the forefront an immense power of public blockchains, full freedom for all and…

cineramaAugust 1, 2016

Bitcoin Business

NAV Coin Releases World’s First X13 Mobile Wallet

Bitcoin Press Release : In late July, the Nav team announced that their Electrum Mobile Wallet had gone live. This news came off the back of a successful coin swap, giving Nav Coin a modern code base that is a platform for a huge range…

cineramaAugust 1, 2016

Bitcoin Business

Bitcoin Payroll Bitwage Offers Direct Invoicing In Brazil

announces that starting from Monday, August 1 2016, Brazilian contractors and freelancers can invoice in the United States (USD), Eurozone (Euro), Canada (CAD), Australia (AUD), Switzerland (CHF), or the U.K. (GBP), without requiring their clients to sign up with them. Bitwage The announcement says that…

cineramaAugust 1, 2016

Bitcoin Business

Anonymous Blockchain Micropayments Advance With ‘Bolt’ Proposal

Can blockchain micropayments be fast, decentralized and private? That question arguably forms the core of a new white paper penned by researchers at Johns Hopkins University that explores methods for bringing greater anonymity to off-blockchain micropayment networks.In the paper, researchers Matthew Green and Ian Miers…

cineramaAugust 1, 2016

Bitcoin Business

Is Bitcoin Currency? What The Torah Says

The question of whether or not bitcoin is really money has gained attention in light of recnt events in the bitcoin world. Even the Torah, the traditional Jewish law, has weighed in on what defines currency, according to a recent post in Chabad.org , a…

cineramaAugust 1, 2016

Bitcoin Business

MasterCard and PayPal have ‘constructive dialogue’

Paypal CEO Dan Schulman takes part in the company's relisting on the Nasdaq in New York This story was delivered to BI Intelligence " Payments Briefing " subscribers. To learn more and subscribe, please click here . In late July, Visa and PayPal announced a…

cineramaAugust 1, 2016

Bitcoin Business

Bitcoin Accepted! Real Estate Crowdfunding Website Brelion Welcomes Investors

Brelion , a real estate crowdfunding website, is allowing investors to use bitcoin to invest in real estate, making it the first company to offer such an investment option, according to the company. Brelion vets projects from small to mid-sized renovation companies. Investors can create…

cineramaAugust 1, 2016

Bitcoin Business

Bitcoin Price Falls as Miners Meet Bitcoin Core Developers

Bitcoin’s price dropped by $30 this morning (July 31st, 2016) as market uncertainty increases due to a closed door meeting between Bitcoin miners and Bitcoin Core developers. Details are sparse as no media representatives or independent observers have been invited to arguably the most important…

cineramaAugust 1, 2016

Bitcoin Business

Lobbyists Can Relieve Regulatory Concerns For Fintech and Blockchain Startups

Promoting fintech and blockchain is not an easy task these days, as there is a lot of opposition around every corner. Some of the industry experts feel these companies and startups need to step up their marketing game, instead of lawyering up. An open dialogue…

cineramaAugust 1, 2016

Bitcoin Business

Brave, the ad-blocking browser from former Mozilla CEO, grabs $4.5 million

Brave Software , the new web browser company co-founded by former Mozilla CEO Brendan Eich, has raised $4.5 million in seed funding for the continued development of its open source browser that blocks online ads and other trackers. Unlike traditional web browsers where ad-blocking takes…

cineramaAugust 1, 2016

Bitcoin Business

Here’s What’s Next for Bitcoin Wallet GreenAddress After Being Acquired by Blockstream

Blockstream announced the acquisition of Bitcoin wallet provider GreenAddress on Wednesday. In a post on the company’s official blog, Blockstream President Adam Back noted, “GreenAddress has a demonstrated track record of delivering an industry-leading product that prioritizes security, privacy and convenience.”GreenAddress has been quick to…

cineramaAugust 1, 2016

Bitcoin Business

Should Bitcoin Hard Fork To End The Block Size Discussion?

The ongoing Bitcoin blocks size debate remains a source of considerable controversy. Despite a meeting taking place between Bitcoin developers over the weekend, there are rumors regarding a possible hard fork to increase the block size. Interestingly enough, this approach was proposed quite some time…

cineramaAugust 1, 2016

Bitcoin Business

Bitcoin Markets Under Pressure Following Drop in Price and Hash Rate

The combination of weak near term technicals, a dip in hash rate, questions over a secretive miner/Core dev meeting, and sustained interest in ETH/ETC has pushed Bitcoin’s exchange rate down more than $20 over the weekend.While the drama continues to run high in the Ethereum…

cineramaAugust 1, 2016

Bitcoin Business

Coinbase CEO Objects Reddit Bitcoin Censorship, Decides to Censor Moderators

Brian Armstrong, the CEO of Coinbase, recently hosted a firechat with Reddit CEO Steve Huffman, to discuss the seriousness of the censorship in /r/Bitcoin, a subreddit moderated and curated by Bitcointalk administrator Theymos.The long-lasting feud between Armstrong and Theymos began on June 6, 2015, when…

cineramaAugust 1, 2016

Bitcoin Business

Ethereum Classic Price Technical Analysis – Continuous Gains

Key Highlights Ethereum Classic (ETC) moved higher further against Bitcoin and traded as high as 0.0030BTC. There is currently a contracting triangle pattern formed on the 30-min charts of ETC/BTC, which may break soon for the next move. The chances of an upside break are…

cineramaAugust 1, 2016

Bitcoin Business

UK’s Largest Banks to Charge Negative Interest Rates; Merit of Bitcoin?

Over the past few days, some of Britain’s major banks including Santander UK, the Royal Bank of Scotland and UK-based commercial bank NatWest have been notifying their customers of potential implementation of negative interest rates on current bank accounts.While the RBS and NatWest are yet…

cineramaAugust 1, 2016

Bitcoin Business

Surging Growth of FinTech in Africa Set to Challenge Current Financial Providers

CAPE TOWN, South Africa, Aug. 1, 2016 /PRNewswire/ -- The FinTech sector in Africa is poised for exponential and rapid growth that will challenge existing financial services providers, despite the fact that it is in the early stages of adoption relative to the rest of…

cineramaAugust 1, 2016

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