Bitcoin Magazine, 1/1/0001 12:00 AM PST Augur, a fully-decentralized, open-source prediction market platform based on blockchain technology, intended to revolutionize forecasting, decision-making and the manner in which information consensus is collected and aggregated, has been selected as one of the five finalists in the “Breakthrough” category at the XCS Challenge at Exponential Finance 2015. The Singularity University and CNBC hosted the Exponential Finance 2015 conference (New York, 2-3 June), which examines how rapidly accelerating technologies such as artificial intelligence, quantum computing, crowdfunding, digital currencies, and robotics are rapidly disrupting businesses throughout the financial industry. The Singularity University, based at Moffett Federal Airfield in California and sponsored by high-profile high-tech firms including Google, is an educational center dedicated to world-changing applications of disruptive, exponentially accelerating technologies. Augur, […] The post Blockchain Prediction Market Augur Elected as a ‘Breakthrough’ Finalist at Exponential Finance 2015 appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST Swiss ASIC miner developer Bitmine AG was officially declared bankrupt by the local court of Bellinzona, Switzerland, in May 2015. All accounts, assets and company documents have been handed over to the Swiss justice ministry and are under investigation. In an open letter released on the official website of Bitmine AG, the company’s management claimed that Bitmine AG had tried to restructure its products and services by seeking new investments. It failed, however, to raise enough funding to continue its production of ASIC miners which led to the company’s bankruptcy. Bitmine AG initially engaged in a contract with Innosilicon, a Chinese chip manufacturer to develop their 28nm ASIC. The company provided the manufacturer with explicit instructions, process of creating the […] The post ASIC Developer Bitmine AG Goes Bankrupt, Faces Lawsuits appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST After a year of beta testing, the first version of BitPay’s multi-signature wallet Copay was released on June 3. Copay is a multi-signature wallet built on BitPay’s Bitcore, an open-source platform for bitcoin- and blockchain-based applications. Copay multi-sig wallet is a shared bitcoin wallet, in which each owner holds a unique private key and the ability to push out payments or withdrawals. A transaction initiated in a Copay multi-sig wallet requires the approval of multiple people – efficient for businesses and privacy-conscious users. “With Copay, a small company can, for example, manage their bitcoin holdings by requiring 3 of 5 officers to sign transactions that spend funds,” BitPay Chairman Tony Gallippi explained. “A household can use a 2-of-3 wallet to manage […] The post BitPay Launches Open Source, Multisig Wallet Copay appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST Gymnut, the first peer-to-peer app connecting people and trainers, is now accepting bitcoin for its in-app store. Gymcoins, the prepaid store tokens, will allow users to pay for specialized workouts and more through the app. Gymnut’s founders are scientists pursuing their PhDs who realized that the best way to counter the rise of chronic disease was through focus on proactive health and tangibles like exercise, nutrition and lifestyle combined with technology that allows connection for personal training. The underlying principles of personal training encompass goal-setting, motivation, personalized workouts, nutrition plans, accountability and tracking to drive behavioral change. Current personal training models are badly broken. Similar to the analogy of outdated banking software stifling commercial models, large gyms have a monopoly […] The post Bitcoin Gets Fit Through Social Fitness App Gymnut appeared first on Bitcoin Magazine. |
CryptoCoins News, 1/1/0001 12:00 AM PST Several days of correction have the Bitcoin price drawing a flatline around $225 and 1400 CNY. Whereas the chart used to give us $20 and $100 moves a month ago, we now see traders pour into $1.50 moves with everything they have. Price may continue consolidation for a while longer. This analysis is provided by […] The post Bitcoin Price In a Flatline appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST Overstock.com, Inc., the e-commerce retailer, became the first company to solicit qualified institutional buyers in a digital corporate bond that will trade using the bitcoin block chain. This development is part of Overstock’s larger cryptofinance initiative known as Medici. “The cryptorevolution has arrived on Wall Street,” said Overstock.com CEO Patrick M. Byrne. “We’re making it […] The post Overstock.com Launches Offering Of World’s First ‘Cryptosecurity’ appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST Piggy.Link allows websites to charge for content quickly and easily using bitcoin. Visitors to a Piggy.Link-linked website will be able to use their credit card to buy Piggy.Link credits. When they click the monetized links, they spend their Piggy.Link credit and the website gets paid in bitcoin. Hence, visitors don’t need to own bitcoin to […] The post Piggy.Link Allows Websites To Charge For Content Quickly And Get Paid In Bitcoin appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST E-retail giant Overstock has announced it will utilize colored coins to issue what it calls a "digital corporate bond", or a cryptocurrency-based security, based on the bitcoin blockchain. The company said in a 5th June press release the issuance forms part of its development of cryptographic security technology aimed at reducing trade settlement friction. Overstock previously expressed […] |
Gizmodo, 1/1/0001 12:00 AM PST Brooklyn Libertarians and/or Reddit gold account owners beware: police say a man was robbed at gunpoint for $1,100 in Bitcoin in Crown Heights last week. ![]() |