Bitcoin Latest News
The former operator of a bitcoin poker site has plead guilty to one count of operating an unlicensed gambling site in the state of Nevada, reports say. Having avoided a maximum sentence of 10 years in prison, Bryan Micon, who ran the now-defunct Seals with Clubs, will have to pay a $25,000 fine and serve a probation term, VegasInc reports. […]
Posted on 7 July 2015 | 5:23 am
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Emerging markets-focused bitcoin services provider BitX has launched services in Nigeria.
Posted on 7 July 2015 | 12:00 am
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A fork in the bitcoin network has raised issues regarding how key participants in the payment network process and confirm transactions.
Posted on 6 July 2015 | 1:05 pm
Posted on 6 July 2015 | 11:31 am
Earlier this week, Greece became the first developed nation ever to default on the International Monetary Fund (IMF). Negotiations with the European Union (EU) and the IMF are stalling, and Greek voters on Sunday rejected new bailout terms. On Monday, Greece closed its banks and imposed capital controls to prevent financial chaos after the breakdown of bailout talks. Banks and ATMs are still working on a very limited basis, which makes things difficult for families and pensioners. For businesses and entrepreneurs who depend on cross-border sales and imported goods or services, the situation couldn’t be worse: They are unable to pay their suppliers abroad because cross-border bank wires are suspended, and the have only limited access to their sales income. […]
The post Spartan Route Offers Invoicing and Bitcoin Payment Service to Greek Businesses appeared first on Bitcoin Magazine.
Posted on 6 July 2015 | 9:03 am
Writing on Quintessence, the financial magazine of BNP Paribas, financial securities research analyst Johann Palychata analyzes the possible impact and future implications of the blockchain for securities markets. He believes that Bitcoin is really an innovation and a disruptive open-source technology for the financial world. “Its core is the first successful attempt for a secure and decentralized register,” says Palychata. “It should be considered as an invention like the steam or combustion engine. ” BNP Paribas, a French bank headquartered in Paris that was formed through the merger of Banque Nationale de Paris (BNP) and Paribas in 2000, is one of the largest banks in the world. Based on 2012 information BNP Paribas was ranked as the third-largest bank in […]
The post The Blockchain Could Make Existing Securities Industry Players Redundant, Says BNP Paribas Analyst appeared first on Bitcoin Magazine.
Posted on 6 July 2015 | 9:00 am
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Customers affected by Mt Gox's insolvency have been given more time to file their online bankruptcy claims.
Posted on 6 July 2015 | 4:09 am
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Can bitcoin help the world's unbanked?CNBC
struggles to gain mass appeal, advocates of the digital currency are turning to a new audience to promote adoption: the global unbanked. More than 2 billion adults lack access to financial services such as a bank accounts and credit cards to ...
Posted on 5 July 2015 | 5:03 pm
Posted on 5 July 2015 | 5:01 pm
CoinDesk reviews Reveal, a new mobile social network with a built-in cryptocurrency that seeks to create an economy for attention.
Posted on 5 July 2015 | 5:00 am
Travis Patron argues that bitcoin is an intrinsically valuable form of money because it is regulated through time-bound algorithms.
Posted on 4 July 2015 | 4:00 am
Customers in Canada will be now able to deposit Canadian dollars into their Bitstamp accounts following the exchange's partnership with Vogogo.
Posted on 3 July 2015 | 12:37 pm
As Greece gets to grips with its upcoming bailout referendum the media has taken its coverage of bitcoin to a whole new level.
Posted on 3 July 2015 | 11:05 am
Blockchain technology will bring either doom or opportunity to securities services firms, according to European banking giant BNP Paribas.
Posted on 3 July 2015 | 9:00 am
KPCB Edge partner Anjney Midha explains why his new $4m seed-stage investment firm is bullish on the bitcoin blockchain.
Posted on 3 July 2015 | 7:19 am
Mailman has won Coinbase's second hackathon, which gave away $70,000 worth of bitcoin in prizes.
Posted on 3 July 2015 | 4:03 am
CoinDesk speaks with Ascribe CTO Trent McConaghy, who co-founded a startup behind a blockchain-powered IP ownership platform.
Posted on 2 July 2015 | 3:15 pm
Featuring 75+ top experts’ specific strategies and recommendations as well as in-depth classes on current hot sectors such as on REITs and cannabis investing SARASOTA, FL, June 25, 2015 – MoneyShow, the world’s leading producer of investment tradeshows and cruises, will host The MoneyShow San Francisco, July 16-18, 2015, at the Marriott Marquis San Francisco. http://yBitcoin.SanfranciscoMoneyShow.com Admission is free and thousands of investors from more than ten countries are expected to attend, joining over 75 globally-renowned money managers, economists, financial newsletter editors, tech and biotech company CEOs, media personalities who will be speaking in person at the Show. Kicking off this event at our opening ceremonies will be author, economist, and technologist George Gilder, creator of ‘Telecosm’, who will […]
The post The MoneyShow San Francisco – Where Informed Investors Discover Tomorrow’s Unique Growth & Income Investments Today! appeared first on Bitcoin Magazine.
Posted on 2 July 2015 | 1:58 pm
On August 3rd 2015, the FinTech conference Keynote2015 will be landing in Los Angeles to unpack distributed ledgers – the tech behind bitcoin – and enlighten participants as to how they can revolutionize the financial world with this radical new ledger. Geared for those that want to know not only how this new disruptive tech works, but how it can work for them, Keynote2015 offers a compact one-day agenda that boasts the biggest and brightest names in the industry, including Surash Ramamurthi, Yobie Benjamin, and Aaron Cooper from the DOJ. Keynote2015 will take place in the opulent surrounds of the Legendary Park Plaza Hotel in downtown Los Angeles. Representatives from businesses such as Paypal, Square, Twitter and Uber will be […]
The post KEYNOTE 2015: Rebooting Finance with a New Kind of Ledger appeared first on Bitcoin Magazine.
Posted on 2 July 2015 | 1:56 pm
There has been a longstanding debate within the Bitcoin ecosystem on the concept of regulation and standardization of the industry. There are generally two camps of Bitcoin enthusiasts. One side contends that Bitcoin was meant not to be regulated. The other side wants to work alongside regulators to bring about mass adoption of the digital currency. Currently, it is very easy for a wallet manufacturer to make claims about privacy that cannot be easily checked by the average user. Recent scams and fraudulent players in a rapidly growing industry have prompted both sides to reach a consensus; the industry needs a watchdog to protect consumers. Enter the Watchmen Last March Bitcoin Magazine covered C4’s announcement of a new Crypto Security […]
The post Bitcoin Standardization, Security and Accountability: the DCC, C4, and OBPP appeared first on Bitcoin Magazine.
Posted on 2 July 2015 | 12:58 pm
Brazilian Congressman Manoel Junior has proposed a public hearing to discuss the potential regulation of bitcoin and the blockchain.
Posted on 2 July 2015 | 12:16 pm
Paypal announced on Wednesday that it was acquiring San Francisco-based Xoom, a company that facilitates the digital transfer of money internationally, Forbes reports. The all-cash deal values Xoom at $890 million, or $25 a share. “Expanding into international money transfer and remittances aligns with our strategic vision to democratize the movement and management of money,” said PayPal President Dan Schulman. “Acquiring Xoom allows PayPal to offer a broader range of services to our global customer base, increase customer engagement and enter an important and growing adjacent marketplace,” he said. “Xoom’s presence in 37 countries – in particular, Mexico, India, the Philippines, China and Brazil – will help us accelerate our expansion in these important markets.” Xoom is a digital money […]
The post Weeks Before the eBay Split, PayPal Acquires Digital Payment Provider Xoom appeared first on Bitcoin Magazine.
Posted on 2 July 2015 | 11:01 am
Former DEA agent Carl Mark Force IV has admitted stealing over $700,000 worth of bitcoin whilst running the Baltimore Silk Road investigation.
Posted on 2 July 2015 | 5:45 am
London-based bitcoin exchange Coinfloor has announced the launch of a broker-based peer-to-peer marketplace.
Posted on 2 July 2015 | 4:43 am
Six employees of bitcoin exchange Bitstamp were targeted in a phishing attack leading up to the theft of roughly $5m in bitcoin, an unconfirmed report claims.
Posted on 1 July 2015 | 3:45 pm
The Monetary Authority of Singapore has funded a blockchain-based recordkeeping system as part of a five-year $225m investment plan.
Posted on 1 July 2015 | 3:00 pm
Bitcoin wallet hardware maker Ledger and bitcoin exchange Paymium are among the 36 fintech startups backing France FinTech, a new trade group.
Posted on 1 July 2015 | 6:31 am
The Chamber of Digital Commerce, a digital currency advocacy group, has appointed former Wall Street executive Blythe Masters as an advisor.
Posted on 1 July 2015 | 4:30 am
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