CoinDesk, 1/1/0001 12:00 AM PST Purse has announced 'Instant', a new product that aims to broaden the appeal of its existing Amazon-based e-commerce marketplace. |
CoinDesk, 1/1/0001 12:00 AM PST Bitcoin donations have been flooding in to help rebuild the country in the aftermath of the natural disaster. |
CryptoCoins News, 1/1/0001 12:00 AM PST The small energetic bitcoin price wave that developed in yesterday’s chart was retraced today. As price approaches a long-term trendline from December 2013, xbt.social members discuss how to handle the subsequent trend direction. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and […] The post Bitcoin Price Approaching Another Watershed appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST The Nevada Attorney General's Office is seeking the arrest of the operator of the popular bitcoin poker service Seals with Clubs. |
Entrepreneur, 1/1/0001 12:00 AM PST From May 25 to 28, the Virgin Group founder will co-host a forum about the future of Blockchain and Bitcoin |
Bitcoin Magazine, 1/1/0001 12:00 AM PST The Salt Lake City-based online retailer Overstock is working on a revolutionary new development: a new independent stock exchange powered by Bitcoin technology. The new stock exchange could sidestep traditional stock exchanges such as NYSE and NASDAQ and issue corporate stock directly over the Internet. Overstock, one of the first and largest online retailers to accept bitcoin payments, first announced the project in October 2014. “There is an opportunity to recreate the financial world as we know it in the parallel universe that is the blockchain,” Overstock’s CEO Patrick Byrne told Wired. “We are writing rules for this whole new universe. “ In a recent Coin Telegraph interview, Byrne said that Overstock is building the platform that will let companies […] The post Overstock Files Crypto Stock Exchange Prospectus with the SEC appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST This is a guest post by Elizabeth Ploshay, Connie Gallippi, Victoria van Eyk, and Sarah Martin. Last week, Nepal was hit with a magnitude 7.8 earthquake – the worst in 80 years. More than 4,000 people died, and hundreds more are without food, water or shelter. Natural disasters shake not just the core of our communities, but also the core of our humanity. Many of us feel a deep-seated need to reach out and help during major catastrophes. But it can sometimes seem overwhelming when the scale is so large, and hard to know how to make a real difference. Three leaders in the Bitcoin ecosystem – the BitGive Foundation, ChangeTip, and BitPay – have solutions to help: The BitGive Foundation […] The post Make an Impact: Donate Bitcoin to Projects on the Ground in Nepal appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST Chainalysis offers a service that provides financial institutions with the means to obtain regulatory compliance through real-time analysis of the blockchain. Based in Switzerland and headed by ex-Kraken COO Michael Grønager and former Mycelium engineer Jan Møller, the company provides an API for sophisticated in-depth real-time blockchain transaction analysis. Chainalysis customers – including regulatory entities, law enforcement and financial service providers – are empowered with unique insight on all transactions recorded in the Bitcoin blockchain and tools to determine the origin of the bitcoin held by any address. Bitcoin transactions are not anonymous. Every transaction and the full transaction history of any Bitcoin address are permanently recorded in the tamper-proof public blockchain and open to analysis. The illusion of anonymity […] The post Leaked Chainalysis Roadmap Angers Bitcoin Community appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST Bitcoin exchange itBit has filed for a banking license in New York, Reuters reports. Approval for the license may come in the next couple of weeks, people familiar with the matter told Reuters. That could make itBit the first Bitcoin company to be regulated as a bank in the United States. Founded in 2012, itBit has offices in two key financial markets, New York and Singapore. The company moved its headquarters from Singapore to New York in 2014. “Bitcoin has become mainstream, the volume of bitcoin trading has grown exponentially, and the majority of bitcoin trading now takes place in the U.S.,” said CEO Charles Cascarilla. “Regulators are getting clearer about their policies, and we’re hopeful that we will be […] The post itBit Files for Banking License in New York appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST Singaporean-based Bitcoin exchange, CoinHako, has integrated the BitGo digital currency security platform and insurance offering and will now be run with multi-signature wallets and a state-of-the-art platform, and their holdings will be insured against theft and hacks. The insurance offering is through an undisclosed A-rated insurer from XL Group, which covers up to $250,000 of losses for all BitGo customers. Clients can choose to increase the amount with a 1 percent flat fee. The security firm also provides transparency, improved management controls and internal checks for better monitoring of the exchange’s security. “We’re excited to have CoinHako’s Bitcoin exchange secured on our platform”, said BitGo CEO Mike Belshe. “The team at CoinHako has been a great development partner, and we […] The post Singaporean Bitcoin Exchange CoinHako Insures Holdings Through BitGo Partnership appeared first on Bitcoin Magazine. |
CoinDesk, 1/1/0001 12:00 AM PST Online retailer Overstock.com has outlined how it might issue digital securities in a new Securities and Exchange Commission (SEC) filing. |
CryptoCoins News, 1/1/0001 12:00 AM PST If there is one influential person who has never showed any lack of support for cryptocurrencies and Bitcoin, in particular, it is Sir Richard Branson. He has been backing Bitcoin for years and has even offered people the possibility to go into space with their virtual money. Today, we see him opening up the gates […] The post Richard Branson & Block Chain Summit to Make Privileged People Talk Bitcoin appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST CoinMate.io has been in beta since December, but has finally gone public. The Britain-based Bitcoin to fiat exchange bills itself as offering numerous security features which it believes the whole industry should adopt. In particular, the exchange plans to use Trezor hardware wallets to secure coins stored with it. CCN spoke with Roman Valihrach, CEO […] The post Bitcoin Exchange CoinMate.io to Utilize Trezor Wallets to Offer “Banking Grade Security” appeared first on CryptoCoinsNews. |
Business Insider, 1/1/0001 12:00 AM PST Algorithms can learn to collude. Two law professors, Ariel Ezrachi of Oxford and Maurice E. Stucke of the University of Tennessee, have a new working paper on how when computers take get involved in pricing for goods and services (like, say, at Amazon or Uber), the potential for collusion is even greater than when humans are making the prices. Computers can't have a back-room conversation to fix prices, but they can predict the way that other computers are going to behave. And with that information, they can effectively cooperate with each other in advancing their own profit-maximizing interests. Ezrachi and Stucke explain: Computers may limit competition not only through agreement or concerted practice, but also through more subtle means. For example, this may be the case when similar computer algorithms promote a stable market environment in which they predict each other’s reaction and dominant strategy. Such a digitalised environment may be more predictable and controllable. Furthermore, it does not suffer from behavioural biases and is less susceptive to possible deterrent effects generated through antitrust enforcement. The problem is that the law hasn't caught up to the technology. The first prosecution for this type of collusion wrapped up last month, but the law is still way behind. More frighteningly, it isn't clear if it can ever catch up. Sometimes, a computer is just a tool used to help humans collude, which theoretically can be prosecuted. But sometimes, the authors find, the computer learns to collude on its own. Can a machine be prosecuted? In a type of algorithmic collusion the authors call Autonomous Machine, "the computer executes whichever strategy it deems optimal, based on learning and ongoing feedback collected from the market. Issues of liability, as we will discuss, raise challenging legal and ethical issues." How does antitrust law punish a computer? If an algorithm isn't programmed to collude, but ends up doing so independently through machine learning, it isn't clear that the law can stop it. (via Jill Priluck) SEE ALSO: Bitcoin regulation is coming to New York Join the conversation about this story » NOW WATCH: Watch this robot carve one of Michelangelo's unfinished works |
CoinDesk, 1/1/0001 12:00 AM PST Billionaire Richard Branson is set to bring "the world's greatest minds in cryptocurrency" together to discuss bitcoin on his personal private island. |
CryptoCoins News, 1/1/0001 12:00 AM PST CCN received a tip about a gambling site that may be falsely advertising its abilities and wrongfully netting bitcoin in the process. The subject of the complaint was a site called BETwitter, which is unique in its space. The game allows users to bet on the odds of various words appearing in tweets during a […] The post BETwitter: Provably Unfair Bitcoin Gambling? appeared first on CryptoCoinsNews. |