Coin News

Perhaps no segment of the altcoin industry is more volatile than the privacy-centric coin market. Coins rise and fall constantly, and investors can become wealthy or see their investments vanish in hours. Currently, Stealthcoin holders are experiencing the latter scenario. The Stealthcoin price has decreased more than 37% in the past day alone, leaving the […]

The post Stealthcoin Price Plummets amid Overt Community Chaos appeared first on CryptoCoinsNews.

The “mining” industry is bursting with innovation, right now. It started as a way to incentivize people to support the Bitcoin network without allowing any one entity to take control, but has grown with new blockchain technologies. Cryptocurrencies are now being used to incentivize contribution to all kinds of initiatives, like solar energy adoption and the race to cure diseases like cancer. Instead of mining bitcoins by solving a cryptographic math problem, you can mine solarcoins or curecoins by generating photoelectricity or folding proteins, respectively, rather than by wasting processing power. Society could accomplish a lot of great things this way without the need for a central authority, but if we want to have a real impact, we need to […]

The post Merchant Mining and the Proof-of-Commerce Protocol appeared first on Bitcoin Magazine.

As we know, the mining competition for the leading crypto-currency raged since the progressive emergence of quasi-industrial mining farms and dedicated computing machines (ASICS) . However, in this tough environment, one brave bitcoiner started to mine bitcoin solely by the power of his brain. Also read: The Next Generation of ASIC Mining can Save Coin Mine […]

The post Let’s Mine Bitcoins Using Your…. Brain! appeared first on CryptoCoinsNews.

Some 20 million Romanians received a huge win this past week. Bitcoin Romania has teamed up with ZebraPay to allow users around the country to buy Bitcoin at over 800 ZebraPay Payment Terminals. Europe has been a hotbed of Bitcoin activity for years. The recent 2014 Bitcoin Foundation Bitcoin Conference was held in Amsterdam, instead […]

The post Romanians Can Buy Bitcoin At Over 800 ZebraPay Payment Terminals appeared first on CryptoCoinsNews.

The Congress has a new Platinum partner that is sponsoring cheaper tickets! Bitcoin 2 Business Congress Brussels will take place on 16-17 October in the B19 Business Club. The event is mainly focused on Bitcoin business and monetary future, debates, speeches by key players in the industry, B2B meetings, networking and start-ups. The event is designed for 100-150 attendees. The main aim is to accomplish more of a personal and friendly atmosphere where everyone will be able to meet with anyone. From the beginning the organizers setup the prices higher to make sure they will be able to cover all expenses. “It was against our idea of having friendly atmosphere and make our events accessible to everyone. Every Bitcoin Conference has a […]

The post BTC2B Congress Brussels Is Close and Thanks to the New Platinum Sponsor Transaction Coin, Tickets are Cheaper! appeared first on Bitcoin Magazine.

With the rise of Kickstarter, the average person now has a greater opportunity to raise money for his or her ideas than ever before. The Kickstarter model, in which campaigners solicit donations to support a project that produces something they can share with their funders and others at large, is a new technological take rooted in an old idea. For instance, in 1713 Alexander Pope rallied funding to publish English translations of Greek poetry by offering generous donators credits on a page in the finished translated publication, once enough funding was gathered to bring the project to fruition. The crowdfunding method was also employed in 1783 by Mozart who developed a campaign to fund the performance of three new concertos […]

The post A New Way to Fund Ideas: Crowdfunding, Crypto-Assets, and the Future of Decentralized Investments appeared first on Bitcoin Magazine.

TeraExchange, a New Jersey-based swap execution facility announced Thursday the completion of the first bitcoin derivatives transaction on a regulated exchange. The maiden transaction was completed between digitalBTC and a hedging counterparty. Incidentally, this first bitcoin derivatives transaction happened on the same day that the Commodities and Futures Trading Commission is hosting the Global Markets […]

The post TeraExchange Completes First Bitcoin Derivatives Trade appeared first on CryptoCoinsNews.

Jamie Dimon has returned!

The JPMorgan CEO spoke on a panel today at the Institute of International Finance in Washington. It was his first public appearance since he announced he has throat cancer, back in July.

Dimon was on the panel, titled the Future of Finance, with Tim Adams, the CEO of the IIF, James Gorman, the CEO of Morgan Stanley, Brian Moynihan, the CEO of Bank of America, and Anshu Jain, the Co-CEO of Deutsche Bank.

The panelists covered a variety of topics related to the future of the industry, including regulatory concerns, the global economy, technological disruption, cyber security, and Wall Street's image issues. 

On the economy, Dimon mentioned that he thinks "America's chugging along," although income inequality continues to be a problem. "Until we are doing better for everybody, you’re going to have some of this sour attitude [about the economy]," he said.

Gorman said that he doesn't think a Fed rate increase is going to be bad for business — in fact, he thinks the opposite. A rate increase means the economy is growing, he said, and that's good for the banks.

On technology, Dimon said banks need to be conscious of using new technology and big data to improve the business for both the bank (things like using big data for information about borrowers) and the customer (things like mobile payments and real-time money movement). On the later point, he stated he thought moving money in real time could be a reality within a few months. 

This isn't just about young customers, either, said Moynihan. "Fifty-five year old people are doing what millennials were doing 24 months ago. That creek [between them] is shrinking and drying up quickly."

Dimon is bearish on bitcoin. "Regulators aren't going to like it because they can't control it," he said, adding that widespread bitcoin adoption isn't "about the technology. It’s about governments."

Toward the end of the conversation, Dimon was pushed on two issues that JPMorgan has run into problems with recently: cyber security and Wall Street culture. On the former he thinks, "this is a big deal, there are going to be a lot of battles," some of which the banks are going to lose. However, he said, "the money is safe."

As for the Wall Street culture, the solution, said Dimon, is to "minimize the number of bad apples." As for the ones who slip through? Fire them.

Join the conversation about this story »

Bitcoin charity Sean's Outpost is appealing for funds following financial problems brought on by the low price of bitcoin.

People in Romania can now buy bitcoin from nearly 800 terminals operated by ZebraPay across the country.

The US Commodities Futures Trading Commission (CFTC) recently held a meeting on Bitcoin. The public meeting was held by the CFTC’s Global Markets Advisory Committee (GMAC) and was sponsored by CFTC Commissioner Mark P Wetjen. The meeting was first called in September to discuss whether or not the CFTC has jurisdiction over Bitcoin derivatives. The CFTC was […]

The post US Commodities Futures Trading Commission Enthusiastic about Bitcoin appeared first on CryptoCoinsNews.

A  recent story published by Bloomberg reports that Bitcoin usage by pedophiles is on the rise. While the use of a potentially anonymous digital currency by the scum of the online world has been long predicted, the Internet Watch Foundation was able to point to some specific statistics in their recent report on payment methods […]

The post The Proper Response to the Rising Bitcoin Use by Pedophiles appeared first on CryptoCoinsNews.

Bitcoin derivatives exchange BitMEX has won the Slush Hong Kong competition, where startups pitched their plans to venture investors.

Bitcoin Address Blacklists have been found in the Gentoo Linux bitcoind 0.9.3 distribution. The patch was deployed by Bitcoin developer Luke Dashjr (aka Luke-Jr), who maintains the Gentoo distribution. A bug report was posted to Gentoo’s bug repository: net-p2p/bitcoind and net-p2p/bitcoin-qt enables ljr use flag by default, breaks bitcoin The official bitcoind and bitcoin-qt in […]

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 Bitcoin is a global phenomenon, growing from mathematical curiosity to possible threat to the world’s currency system in a few short years. Coinbase has recently been at the center of the bitcoin boom. Flush with more than $30 million in venture capital, the company has big plans. Joining the TechCrunch crew at Disrupt London 2014 in under two weeks is Coinbase CEO Brian Armstrong. Read More

In an article titled “Why Bitcoin Fans Don’t Believe in Bad News,” published by Time, Jacob Davidson reports that Meir Statman, a professor at Santa Clara University specializing in behavioral finance, thinks that Bitcoin is a scam. The Professor also thinks that Bitcoin enthusiasts suffer from “confirmation bias” (a buzzword often used by politically correct […]

The post Why Bitcoin Haters Don’t Believe in Good News appeared first on CryptoCoinsNews.

A new partnership between Wallettec and BitPay will bring bitcoin POS payments to brick-and-mortar retailers.

Andrew Barisser of Assembly Coins makes strong arguments for building on top of the pure Bitcoin blockchain, rather than creating alternatives. Recently he wrote an open letter to Reddit, where he argued that Reddit should stick to a pure Bitcoin blockchain approach to building their planned cryptocurrency initiative, rather than going sidewise with alternative approaches. […]

The post Andrew Barisser Defends The Pure Bitcoin Blockchain appeared first on CryptoCoinsNews.

The long-awaited film “The Rise And Rise of Bitcoin” is out and can be purchased from the online store on the film’s website. I was alerted by Reddit and immediately went to download the torrent from The Pirate Bay. I recommend that you follow the recommendation in the title of the Reddit post by The […]

The post The Rise And Rise of Bitcoin is Out appeared first on CryptoCoinsNews.

The Bitcoin Price is still advancing and has hit our target of $390 during yesterdays US trading session. The layout of the article has changed. Bitcoin price analysis is posted as the final section and updates during the European and US sessions will be added at the bottom of the article. The chronology of price […]

The post Bitcoin Price Still Advancing appeared first on CryptoCoinsNews.

The CFTC held a meeting today to discuss bitcoin and its potential effects on US derivatives markets.

Although it has yet to overtake Ripple, Jed McCaleb’s Stellar has performed respectably in its first several months. The payment gateway’s native currency has consistently remained in the top-twenty on the market cap charts. However, the stellar price has not been living up to its name over the past couple weeks. Also read: Stellar Price Rises […]

The post Stellar Price Reaches Three-Week Low appeared first on CryptoCoinsNews.

Following its debut at the Tribeca Film Festival, The Rise and Rise of Bitcoin celebrates its worldwide VOD release.

KNC is working with mining pools to improve the hash rate for their Titan customers after learning that customers saw hash rates under the promised 300MH/s. KNC is focusing on working with CleverMining as they’re the largest pool on the Litecoin network. KNC has tested the Titan on several mining pools and has noted that […]

The post Litecoin Mining Pools Receive Help from KNC to Improve Titan Hash Rate appeared first on CryptoCoinsNews.