Coin News

ItBit CEO Charles Cascarilla discusses his company's market strategy following its $25m fundraising and US market launch.

That’s Janah Riddle of Coinbase living the dream after a hike through Colombian rainforest to drink some cold coffee and dip into a few waterfalls. She and her husband, Luke, are taking on the #ProofOfWorkout challenge to stay active while they travel and work remotely. Follow their journey on the Roaming Riddles blog. You can imagine a blockchain saying to a miner, “Do you even lift, brah?” and the answer being, “Yah, dude, here’s the bitcoin to prove it.” This simple joke explains, in essence, the concept of proof of work. Proof of work is simply the ability to show through a piece of data that your machine has used some of its precious computing power crunching cryptographic functions. The […]

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The Euro Banking Association (EBA) has published two reports on Digital Customer Service Interfaces (DCSI) and crypto-technologies, with the intention of detailing the electronic payments landscape of the future. The reports have been announced at the EBAday payments conference in Amsterdam, Finextra reports. The Euro Banking Association is a practitioners’ body for banks and other service providers supporting a pan-European vision for payments, with membership including more than 180 institutions from across Europe and beyond. Its mission is to provide payment professionals with a country-neutral forum for driving and contributing to the delivery of pan-European co-operative payment initiatives and business practices. The reports, produced by the EBA’s Working Group on Electronic Alternative Payments (e-AP WG), are intended to help financial […]

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On May 14 the Social Media Leadership Forum will host the inaugural meeting of the Bitcoin and Blockchain Leadership Forum, a new initiative to explore the future of bitcoin and other digital currencies as well as the disruptive impact of the blockchain. The event will take place in London at Allen & Overy, a legal consulting firm. Currently, the Bitcoin and Blockchain Leadership Forum website is scant on details and invites interested readers to subscribe to their mailing list. On Twitter, the Forum invites people to come and explore the next generation Internet and hints at regular sessions after the inaugural event. The Social Media Leadership Forum is a membership organization that organizes periodic events focused on business-related aspects of […]

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Blockchain startup Onename launched its new product Passcard this week, which uses a blockchain-tied profile to create a secure and “trustless” identity. Onename plans on eventually using it as a sort of digital key to your identity, potentially replacing passwords, the keys to your house and even your passport. Onename takes advantage of Bitcoin’s distributed ledger, the blockchain, which is used to record and verify bitcoin transactions. It is what enables the digital currency to properly function and can also be used to record any kind of information in a public ledger. “Passcards are a digital form of identity and access control designed to initially replace passwords, and in the future, replace forms of physical identification like passports and driver’s […]

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You might think of gravity as an invisible force here on Earth, but that's not entirely true... if you have the right computer simulation, that is. Researchers at the National Center for Atmospheric Research have developed a climate model that shows ...

After its recent purchase of the bitcoin exchange Cointrader.net, Canadian company Newnote Financial has now moved into the multi-vendor website market. On May 12, 2015, the Vancouver-based corporation announced its acquisition of PayIvy.com, an online site that allows vendors to register and sell digital products and services, including ebooks, software, graphic designs, web designs and intellectual property. PayIvy co-founder Lode Kennes says in a press release that the company hopes to better reach its potential following the acquisition. “With the investment from Newnote, PayIvy will be able to serve more sellers with features that no other site can offer,” he said. Kennes, along with co-founders Ton Manh Nguyen and David Snyder, will stay on at PayIvy to assist with daily […]

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Bitcoin price has been bubbling under a strong resistance layer and with an apparent five wave impulse visible in the chart, the market is stumbling over itself trying to position for the Big One. Technical analysis reveals there is tough resistance overhead. This analysis is provided by xbt.social with a 3 hour delay. Read the […]

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SWEDEN, Stockholm – May 7, 2015 – After record breaking growth in April, YrGrid, a virtual world driven by its Bitcoin economy, reports that more than 2,000 users across 67 different countries have joined their service since it opened in January. YrGrid fashions itself as a platform for both entertainment and business with an emphasis […]

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Ethereum has released the ninth and final phase in the Ethereum Proof-of-Concept series, and the project has asked the Bitcoin community to take part in the “ongoing” Proof-of-Concept IX testnet in their most recent release, Olympic, which is now available here. As Vitalik Buterin details on the Ethereum blog: The purpose of Olympic is to […]

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Steve Albini, American singer-songwriter, record producer and audio engineer, perhaps best known for his work on Nirvana’s In Utero and in his band Shellac, has destroyed the concept of “smart contracts,” a potential application of the Bitcoin block chain much championed by the Bitcoin community. While Bitcoiners regularly celebrate Bitcoin’s creation of an alternative to […]

The post Nirvana Producer Steve Albini Destroys The Notion Of Smart Contracts, Appreciates Bitcoin As Technological Innovation appeared first on CryptoCoinsNews.

If you are building a car, and you either want the car to be faster or more efficient than ever before, you can do one of two things to it. You can increase the power of the car to make it faster (or lower the power rating to make it more efficient.) Or you can […]

The post Euro Banking Association (EBA) Reports on Bitcoin Benefits appeared first on CryptoCoinsNews.

 Product Hunt, the product aggregation site known for putting new tech products to a vote went off its regular tech product vertical today with the launch of Snoop’s new “Bush” album and a coinciding AMA with the rapper. Snoop spent several hours chatting with fans about everything from buying “house shoes” with bitcoin and the best way to support artists to how… Read More

What is stealth startup 21 working on? Documents suggest a comprehensive plan to use mining and micropayments to expand the bitcoin network.