Coin News

Bitso has closed a seed funding round led by the Barry Silbert-backed investment fund Bitcoin Opportunity Corp.

CoinDesk speaks to ex-Coinbase CCO Martine Niejadlik regarding the state of compliance and regulation in the digital currency industry.

Some lovely art atop your latte’s foam: a perk of frequenting a fancy cafe. But a new machine called the Ripple promises to make it commonplace at any coffee shop—and the foam can spell out any message you like!

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Kids will have a chance to learn about bitcoin and even take their in-game currency to the real world, thanks to games from Minecraft server PlayMC.

In March, Bitcoin Magazine covered the digital economy startup Digital Asset Holdings, headed by the financial superstar Blythe Masters, a former JPMorgan Chase & Co. executive. Digital Asset Holdings uses distributed ledgers to track and settle both digital and mainstream financial assets in a cryptographically secure environment where counterparty risk is minimized, and settlement times are drastically reduced. Now, Digital Asset Holdings LLC announced two acquisitions, Bloomberg Business reports. The company bought San Francisco-based Hyperledger and Budapest-based Bits of Proof for undisclosed amounts. “Hyperledger and Bits of Proof add valuable new dimensions to our product offering and great talent to our team,” said Masters. “We build tools to help clients harness the power of distributed ledgers to serve their own […]

The post Blythe Masters’ Digital Asset Holdings Acquires Hyperledger and Bits of Proof appeared first on Bitcoin Magazine.

Blockstack, a San Francisco-based firm, is adapting the technology of Bitcoin for mainstream finance, including clearing and settlement. A small group of banks have started beta testing Blockstack’s technology, Bloomberg Business reports. The startup, run by former Google Inc. and Nasdaq OMX Group Inc. employees, is jumping into the competition to use digital-currency technology to tackle financial companies’ slow, antiquated back-office operations. “We’re not trying to destroy banking or financial services as they are today,” said Peter Shiau, Blockstack’s co-founder and chief operating officer, who previously worked at Standard Chartered Bank in product innovation. “We see what we’re building as technology that can help improve the back-office infrastructure that financial institutions are using.” Blockstack’s team also includes Philip Harris, a […]

The post Blockstack Joins the Growing Number of Fintech Companies That Use the Blockchain to Streamline Mainstream Finance appeared first on Bitcoin Magazine.

According to BitcoinRichList.com there are over $750 million worth of bitcoin sitting idle. Magnr, a company dedicated to providing Cryptocurrency Financial Services, is trying to change this by allowing the first-ever blockchain-based “savings accounts.” Magnr currently operates across two verticals: trading and saving. “Magnr allows users to independently verify the safety of their deposit on the blockchain’s public ledger,” says CEO Joe Lee. “Additionally, the interest payout is calculated from blockchain data. This lets users verify they are being paid the correct amounts. This is the first time that savings accounts have received a fintech makeover.” Magnr was created from the founding team of BTC.sx. It is a new, rebranded version of the BTC.sx trading platform. BTC.sx Bitcoin Trading Platform […]

The post BTC.sx Rebrands as Magnr, Introduces Bitcoin Savings Accounts appeared first on Bitcoin Magazine.

Filament, a technology platform company focused on Internet of Things (IoT) applications and long-range wireless sensor networks for industrial settings, is developing ad-hoc mesh networks of smart sensors for industrial applications, operating on the blockchain. Announced at the O’Reilly Solid Conference, Filament‘s wireless sensor devices, or Taps, can cover industrial areas with low-power autonomous mesh networks for data collection and asset monitoring. Taps have built-in environmental sensors, a USB port for other sensors or devices, and are equipped with hardware cryptographic chips and long-range radios for secure accessibility and communication across large geographic areas. Taps can talk directly to each other at distances of up to 10 miles and have a battery life of up to 20 years. “We believe […]

The post Filament Develops Ad-Hoc Mesh Networks of Smart Sensors Operating on the Blockchain appeared first on Bitcoin Magazine.

Since the revelation that Bitcoin was more than just something that was used on the darknet markets, interest has steadily been growing in Bitcoin and cryptocurrencies. A narrative has emerged where the block chain itself is the only value of the Bitcoin project. Many feel this is a dismissive and misunderstanding way to view the technology while others figure it doesn't matter how their interest in Bitcoin manifests, so long as it does. A distributed, transparent ledger would certainly help an organization like the Nasdaq. It would aid in the settlement of trades, and it could help regulators keep an […]

The post Chain Partners with Nasdaq to Bring Block Chain Technology to the Private Market appeared first on CCN: Financial Bitcoin News.

In a move that many are protesting, the ICANN organization which makes many of the rules for the World Wide Web is presently considering a move that will require websites with "business activity" to dox their owners. They will no longer be allowed to use privatized information, they will have to display their real name, address, phone number, and so on, for all the world to see, under the new rules.

The post Domain Organization ICANN to Reveal Business Owner Identities appeared first on CCN: Financial Bitcoin News.

In this episode, Evan Duffield of the Dash project gives us an extended interview in which we talk about a new feature in Dash which will give Dash users and masternode operators a much greater say in how things are done. Called the Decentralized Governance System, this new aspect of Dash allows users to essentially propose projects for Dash to fund, and those which get the most approval receive funding until the budget runs out. We also talk about the Bitcoin block size troubled times, about the history of Darkcoin, and more. Following that, the song "Detonate" by the pro-Bitcoin […]

The post Podcast Episode 10: Evan Duffield from Dash on Decentralized Governance & the Bitcoin Block Size Debate appeared first on CCN: Financial Bitcoin News.

RBS confirmed it is undertaking a proof-of-concept with Ripple technology, following a high-profile payments mishap earlier this month.

The New York Department of Financial Services has released the application for a "License to Engage in Virtual Currency Business Activity" more commonly known as the Bitlicense. You can view it here (PDF). Bitlicense Controversy The Bitlicense application is 31 pages. I just checked my handy bible, and Genesis is only 33 pages. God needed 2 more pages to create the world than Ben Lawsky needs to vet Bitcoin companies. In case you're not familiar, Ben Lawsky is a former regulator who is primarily responsible for the new virtual currency regulations in New York. Eric Voorhees, CEO of shapeshift.io, recently said […]

The post BitLicense Application Released by New York State appeared first on CCN: Financial Bitcoin News.

Bitcoin price has been steadily declining ever since the last week's unexpected rally high. Depending on what the market does in the coming weeks, we may soon see an end to the tedious consolidation, described by xbt.social since February, and a return to the Bitcoin price action we've been waiting for. However, for now, there is still some decline on the cards. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 05h17 UTC […]

The post Bitcoin Price Near The End Of Downtrend appeared first on CCN: Financial Bitcoin News.

International bitcoin mobile phone top-up service BitMoby has won two prizes at the technology-focused iAwards in Australia.

Is Anonymous making a comeback? The loosely organized conglomerate of worldwide hacktivists – hackers who are politically motivated – has been on the offensive in recent months.

The post Anonymous Publishes Baltimore P.D. E-Mail & Passwords in Response to Freddie Gray appeared first on CCN: Financial Bitcoin News.

China's ChiNext Market is a tech-focused index akin to Nasdaq. The Shenzhen based index is currently crumbling: down nearly 8% today and more than 27% over the last three weeks. ChiNext in Free Fall   The ChiNext market has suffered tremendous losses recently. According to Reuters, the index is crumbling because of policy concerns. The dramatic losses come as Morgan Stanley advised it's clients to avoid Chinese stocks Friday Morning, telling their clients "Don't buy this dip". Evidently analysts at Morgan Stanley don't think this is rock-bottom, and the charts agree. The ChiNext has lost nearly 8% and is still […]

The post China's ChiNext Market is Crashing - Down 8% Today appeared first on CCN: Financial Bitcoin News.

If you’ve ever registered a domain name, you’ve probably stumbled across WHOIS, a series of databases that contains basic information on whoever registered a particular domain name. While WHOIS makes this information public by default, it’s long been possible to hide behind a proxy — something the entertainment industry is hellbent on changing.

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Bryan Micon agreed to plead guilty to operating an unlicensed interactive gaming system to avoid jail time, his lawyer told a Nevada judge Thursday. Should he complete the probation time and pay a $25,000 fine, that charge would be reduced to a gross misdemeanor, according to his attorney Richard Schonfeld, reported The Las Vegas Review Journal. Micon operated a site called Seals with Clubs which accepted bitcoin. Micon to surrender his bitcoin, computers and more Micon will have to surrender the computers and 3.0996 bitcoins that gaming authorities seized from his home during a February raid. He will also pay $900 in […]

The post Bitcoin Poker Site Operator Pleads Guilty To Avoid Jail appeared first on CCN: Financial Bitcoin News.

Blythe Masters, the Wall Street banker famous for being called "the woman who invented financial weapons of mass destruction" in regards to credit default swaps, a key misuse of which contributed greatly to the financial meltdown at the end of the last decade, has made yet another move in the cryptocurrency space. The firm she heads, Digital Asset Holdings, has acquired two start-ups in the space the firm aims to reign in: HyperLedger and Bits of Proof. HyperLedger may seem familiar, as it has made headline after headline. The "distributed asset ledger" company did not focus solely on Bitcoin, or […]

The post Wall Street Takeover? Blythe Masters Gobbling Up Block Chain Companies Left and Right appeared first on CCN: Financial Bitcoin News.

A bitcoin poker website operator has agreed to plead guilty to a charge of operating an unlicensed gaming website in Nevada.