Coin News

US based HashingSpace Corporation (OTCQB: HSHS) announced today that it has retained the services of Duff & Phelps, a global valuation and corporate finance advisor. HashingSpace builds key infrastructure for the global adoption of Bitcoin and Blockchain services with hosted ASIC mining. WENATCHEE, WA / August 7, 2015 / HashingSpace Corporation (OTCQB: HSHS), a Bitcoin ASIC mining and hosting company, announced today that the company has reached an agreement with Duff & Phelps Corporation to secure their expertise in business incentives advisory services. Duff & Phelps is the premier global valuation and corporate finance advisor with expertise in complex valuation, dispute and legal management consulting, M&A, restructuring, and compliance and regulatory consulting. The firm’s more than 2,000 employees serve a […]

The post Bitcoin Solutions Provider HashingSpace Secures Business Incentives Advisory Services from Duff & Phelps appeared first on Bitcoin Magazine.

The head of the US Office of the Comptroller of the Currency has called for balanced regulation for financial technology such as bitcoin.

In a paper titled Money is no object: Understanding the evolving cryptocurrency market, just published by PricewaterhouseCoopers, the multinational professional services network examined and explained its position on cryptocurrencies. Its verdict: The inherent value of cryptocurrency has “gained acceptance from a critical mass of investors, technologists, regulators, merchants, entrepreneurs and consumers … In fact, in our view, cryptocurrency represents the beginning of a new phase of technology-driven markets that have the potential to disrupt conventional market strategies, longstanding business practices, and established regulatory perspectives – all to the benefit of consumers and broader macroeconomic efficiency.” Structured in part as a primer for investors and business professionals with a limited understanding of cryptocurrencies, the document opens with a just-the-facts overview of […]

The post PwC Report: Cryptocurrency Represents the Beginning of a New Phase of Technology-driven Markets appeared first on Bitcoin Magazine.

In February Bitcoin Magazine reported that Crypto Facilities Ltd., a London-based broker founded by former Goldman Sachs Executive Director Timo Schlaefer, had announced the launch of its bitcoin derivatives trading platform. The Crypto Facilities platform is trading bitcoin forwards, which are directly linked to the price of bitcoin, but also developing other digital currency derivative products. “This is uncharted territory,” said Schlaefer as reported by Reuters. “It’s an exciting opportunity to participate in a new area of technology that has massive potential.” Wall Street and Bitcoin used to be completely separated and incompatible worlds, but now there is more and more interpenetration and talent exchange between the two worlds. Recently Santander InnoVentures and other financial firms launched a call to […]

The post The Growing Talent Exchange Between Bitcoin and Wall Street appeared first on Bitcoin Magazine.

US based HashingSpace Corporation (OTCQB: HSHS) announced today that it has secured the services of Kane Kessler, a leading law firm with corporate and securities expertise. HashingSpace’s mission is to build out key infrastructure for the global adoption of Bitcoin and Blockchain services with hosted ASIC mining. WENATCHEE, WA / August 10, 2015 / HashingSpace Corporation (OTCQB: HSHS), a Bitcoin ASIC mining and hosting company, announced today that the company has retained the services of a leading law firm, Kane Kessler, to advise us in corporate and securities compliance matters. Kane Kessler, a New York law firm, has been offering exceptional legal services for over 80 years. They provide expertise in corporate and securities compliance issues. Specifically, they will provide […]

The post Bitcoin and Blockchain Provider HashingSpace Secures Corporate and Securities Services from Kane Kessler appeared first on Bitcoin Magazine.

San Francisco-based bitcoin exchange Kraken has announced the dismissal of its service in New York due to the state’s BitLicense and strict regulations for financial exchanges. “Regrettably, the abominable BitLicense has awakened. It is a creature so foul, so cruel that not even Kraken possesses the courage or strength to face its nasty, big, pointy teeth. It’s at least a 40-man, bro,” the Kraken team wrote on their blog. According to the Kraken team, some of the reasons for their decision include no user-support from New York banks, no guarantee of enforcement against unlicensed competitors and reduced customer protection for all New York-based users and traders. Kraken is the third company to leave New York over the last two weeks, following […]

The post Kraken Joins Exchanges Refusing to Apply for a BitLicense, Suspends Service in New York appeared first on Bitcoin Magazine.

NXT-ID, Inc., an Oxford, Conn.-based biometric technology company focused on the mobile commerce market, has filed for a patent for its electronic cryptocurrency management system. The NASDAQ-listed company also completed a public offering, providing funds to support the launch of its smart wallet. The NXT-ID technology manages multiple traditional financial accounts and cryptocurrency accounts, including initiating transfers, currency exchanges, submitting payments, and receiving payments. An “abbreviated block chain” synchronizes transactions and balance validation to enable both online purchases as well as brick-and-mortar retail store transactions from a smart wallet. Helping Crypto Go Mainstream NXT-ID seeks to usher bitcoin and other cryptocurrencies […]

The post Biometric Technology Firm NXT-ID Seeks Patent For Cryptocurrency System, Completes Funding Round appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

NXT-ID, Inc., an Oxford, Conn.-based biometric technology company focused on the mobile commerce market, has filed for a patent for its electronic cryptocurrency management system. The NASDAQ-listed company also completed a public offering, providing funds to support the launch of its smart wallet. The NXT-ID technology manages multiple traditional financial accounts and cryptocurrency accounts, including initiating transfers, currency exchanges, submitting payments, and receiving payments. An “abbreviated block chain” synchronizes transactions and balance validation to enable both online purchases as well as brick-and-mortar retail store transactions from a smart wallet. Helping Crypto Go Mainstream NXT-ID seeks to usher bitcoin and other cryptocurrencies […]

The post Biometric Technology Firm NXT-ID Seeks Patent For Cryptocurrency System, Completes Funding Round appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

US based HashingSpace Corporation (OTCQB: HSHS) announced today that it has secured the services of Kane Kessler, a leading law firm with corporate and securities expertise. HashingSpace’s mission is to build out key infrastructure for the global adoption of Bitcoin and Blockchain services with hosted ASIC mining. WENATCHEE, WA / August 10, 2015 / HashingSpace Corporation (OTCQB: HSHS), a Bitcoin ASIC mining and hosting company, announced today that the company has retained the services of a leading law firm, Kane Kessler, to advise us in corporate and securities compliance matters. Kane Kessler, a New York law firm, has been offering […]

The post Bitcoin and Blockchain Provider HashingSpace Secures Corporate and Securities Services from Kane Kessler appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

RollJam, a contraption put together by a security researcher for less than $50 can unlock car and garage doors at will by exploiting digital keys, also known as rolling codes.

The post $32 Hacking Device Opens Car & Garage Doors appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Microsoft launched XiaoIce, a social assistant that people can add as a friend on the Chinese social networks. Now XiaoIce is a huge hit in China, and millions of Chinese chat with her every day.

The post Millions of Chinese Love Microsoft's Virtual Girlfriend, Xiaoice appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

The release of the Senate Economics References Committee Report on Digital Currencies marks the start of the next phase for bitcoin in Australia.

Throughout history, legislation and regulations pertaining thereto have been passed amid significant dissent. The Bitlicense proposal, from start to finish, might serve as a thorough example, leaving out none of the telltale characteristics: a) insular and limited information gathering techniques b) lack of definitive necessity c) unintended consequences (below) Friday, professional trader-friendly Bitcoin exchange Bitfinex announced to clients residing in New York that all remaining deposits would be liquidated to cash at then-market rates on Friday. Fundamentally, Bitfinex expressed dissent concerning the Bitlicense's passage and the new requirements made as a result. Its inevitable conclusion was that its business model […]

The post Bitcoin Exchange Kraken: Solidarity with Rival Bitfinex v. Bitlicense appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

American comedian Louis CK is accepting bitcoin payments for audio recordings of his shows. The five-time Emmy award winner, whose real name is Louis Székely, is accepting payments in the digital currency through bitcoin payment processor BitPay. Although all of Székely's audio recordings can be purchased with bitcoin – costing the equivalent of $5 – the comedian said […]

International markets are mixed today, as investors and speculators try to find yield in a shifting world economy. Production is slowing and commodities are declining in unison, but the scramble for illusive profits increases. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! Economic Indicators World Indexes and Forex Rates Commodities In the Calendar This Week Sun 9 August Chine CPI y/y 1.6% (expected: 1.5% previous: 1.4%) Mon 10 August Japan Bank Lending y/y 2.6% (previous: 2.5%) Tue 11 August Australia NAB Business Confidence German ZEW Economic Sentiment Wed 12 August China Industrial […]

The post Global Economic Outlook: Production Slowdown appeared first on CCN: Financial Bitcoin & Cryptocurrency News.