Coin News

San Francisco-based digital currency exchange Kraken has launched a new dark pool for bitcoin trades.

Augur, a decentralized platform allowing individuals to create prediction markets on a vast array of topics, announced today that it was launching its alpha test. “Traditionally, prediction markets have fallen short due to their need for volume in order to be valuable forecasting tools,” explained Jeremy Gardner, the Director of Operations at Augur. “Having a global, unstoppable, blockchain-based prediction markets platform means anyone in the world with internet can connect to Augur.” However, Augur is not, itself, a prediction market. Rather, it is open-source code for a prediction markets platform. In essence, the team doesn’t actually operate the software nor does the team own it. One of the concerns for prediction markets is that they will come under assault from […]

The post Augur Launches Alpha Version of Prediction Market Platform appeared first on Bitcoin Magazine.

Kleiner Perkins, one of the most storied VC firms in Silicon Valley, has named a bitcoin startup founder to the staff of its new seed fund.

The Cape Innovation and Technology Initiative (CiTi) has announced it will launch South Africa’s first digital currency hub, BitHub. It will serve to be a center point for anyone currently involved in digital currency or interested in learning more. CiTi has already made a name itself in its nearly 20 years of serving the local South African community where it has been a pioneer of new technologies. The nonprofit organizes tech meetups and events, such as a recent virtual reality community gathering, provides resources to developers and runs an incubator for local tech startups. “In South Africa, we are faced with different challenges from the rest of the world,” says Sonya Kuhnel, organizer of the recent Bitcoin Africa Conference and […]

The post Cape Innovation and Technology Initiative Launches Digital Currency Hub in South Africa appeared first on Bitcoin Magazine.

Bitcoin Press Release: US based HashingSpace Corporation is pleased to announce it is officially open for business. HashingSpace provides hosted Bitcoin ASIC mining, Bitcoin cloud mining solutions, and Bitcoin ATM’s, among other essential services to the Bitcoin ecosystem. WENATCHEE, WA, June 16, 2015 – (OTC: MLSO) HashingSpace Corporation, a Bitcoin ASIC mining and hosting company, […]

The post HashingSpace Corporation Launches Bitcoin ASIC Mining and Hosting Operations appeared first on CryptoCoinsNews.

Crypto Jewellery is a new company that produces unique jewellery devoted to crypto currency and to bitcoin in particular. All jewellery items are gathered into collections that are strictly limited in number. All sets in each collection are also limited. E.g the first collection called ‘DigiSymbol’ contains only 888 sets with five jewellery items in […]

The post Crypto Jewellery – Jewellery for Bitcoin Enthusiasts appeared first on CryptoCoinsNews.

Bitcoin price has surged to $250 and 1600 CNY in what can only be described as magnificent price action. No other market instrument can do this and it is a unexpected reminder of the speculative potential in Bitcoin! This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not […]

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BitShares, a blockchain-based financial smart contract platform has announced the upgrade of BitShares 2.0. The platform is now built on a system known as “Graphene toolkit,” which is developed by an independent blockchain development company founded by the core developers of BitShares, called Cryptonomex Inc. With the implementation of a new crypto-technology called SmartChains, the soon-to-be released BitShares 2.0 reportedly is set to have the “Speed of the NASDAQ,” with a new “high-performance protocol and engine, capable of handling over 100,000 transactions per second.” To test its efficiency and capability of the technology, the BitShares team had set up a pilot blockchain with 200,000 accounts, and issued an asset to every account, which involved around a million operations/transactions. After the […]

The post BitShares 2.0 Plans to Adapt New SmartChains Cryptotechnology appeared first on Bitcoin Magazine.

Santander InnoVentures, Oliver Wyman and Anthemis Group have today published “The Fintech 2.0 Paper: Rebooting financial services.” The paper is presented as “a call to action to banks, financial institutions and financial technology (fintech) businesses to work together to undertake a fundamental ‘reboot’ of the core processes, systems and infrastructure of the banking industry.” “The research underpinning the paper has identified several markets with huge potential,” said Emmet Rennick, head of innovation at Oliver Wyman. “In these areas banks can realize efficiencies, customers benefit from better services and [fintech startups] can grow their businesses.” According to Andrew Veitch, Director of Anthemis Group, “the greatest opportunity in the industry lies at the meeting point of large financial institutions and young, ambitious […]

The post Santander: Banks and Innovators Should Join Forces to Create Fintech 2.0 appeared first on Bitcoin Magazine.

Bitcoin Press Release: US based HashingSpace Corporation is pleased to announce it is officially open for business. HashingSpace provides hosted Bitcoin ASIC mining, Bitcoin cloud mining solutions, and Bitcoin ATM’s, among other essential services to the Bitcoin ecosystem. WENATCHEE, WA, June 16, 2015 – (OTC: MLSO) HashingSpace Corporation, a Bitcoin ASIC mining and hosting company, announced today that it has officially launched and is open for business. As an aggressively growing Bitcoin datacenter and hosting company, HashingSpace is excited to be a part of the revolutionary technology that Bitcoin and the blockchain has to offer the world. “We are delighted to be a part of the Bitcoin marketplace at a time when consumer demand for Bitcoin mining opportunities are increasing,” […]

The post HashingSpace Corporation Launches Bitcoin ASIC Mining and Hosting Operations appeared first on Bitcoin Magazine.

One of the less-discussed features of digital currencies are how they can help existing financial institutions. In the crypto world, we like to talk more about how Bitcoin and others enable us to have no need of the banks. More recently, there has been a lot of buzz around how the real winner of the […]

The post Banks Who Choose the Block Chain Can Save $20 Billion Per Year appeared first on CryptoCoinsNews.

BTC Guild will shut down its mining servers on June 30, 2015 at 23:59 UTC, the company announced on its website. Users will be able to log in and retrieve their history and request withdrawals until Sept. 30, 2015. The notice marks the second time BTC Guild has announced its closing, “but this time the […]

The post Bitcoin Mining Pool BTC Guild To Close June 30, 2015; Risk Of Loss And New York BitLicense Cited appeared first on CryptoCoinsNews.

A new poll taken by Miningpool.co.uk reveals some interesting information on Bitcoin views and use throughout the United Kingdom. Miningpool.co.uk has spent the last two months polling over 10,000 unique monthly visitors to find out how the British Bitcoin community uses and sees Bitcoin. Bitcoin use still dominated by the usual suspects The new poll […]

The post United Kingdom Poll Reveals People Want Bitcoin Regulated appeared first on CryptoCoinsNews.

In a Cryptocoins News exclusive interview, co-founder of BitNational, Drew Glover, discusses the success BitNational has experienced by switching to BitAccess software. BitNational operates nine bitcoin teller machines (BTMs) across western Canada and recently acquired the Canadian Bitcoin brokerage, Bitcoin Brains. They debuted their flagship BTM in North America’s largest mall in February 2014 to […]

The post Exclusive Interview: BitNational Dumps Robocoin over Privacy Concerns appeared first on CryptoCoinsNews.

 BitReserve, the currency conversion and transaction platform based on Bitcoin that was launched by CNet founder Halsey Minor, has created a platform for application programming interfaces (APIs) and has signed agreements with partners who are using the service. Read More

Mastercard seems to be between a rock and a hard place. They will never catch Visa in the payments markets, according to the latest global figures, and see a real threat on the horizon in Bitcoin. Why would they spend the last year attacking digital currency in videos, to the Australian Senate, and now in […]

The post Mastercard Expresses Fear and Ignorance of Bitcoin in Writing appeared first on CryptoCoinsNews.

Bitcoin mining pool BTC Guild is shutting down later this month, and its operator has cited the BitLicense finalization as a major factor.