Coin News

ItBit has hired former NYDFS general counsel Daniel "Danny" Alter as its general counsel and chief compliance officer.

The California Senate Appropriations Committee has voted 6-1 to advance a bill that would create a licensing regime for bitcoin companies.

DigitalBTC, the Australia-based miner, has reported a first-year net loss of $6.77 million on annual mining revenue of $6.4 million, according to zdnet.com. The company nonetheless claims to be very bullish on bitcoin. The company, which trades as Digital CC Limited on the Australian Securities Exchange (ASX), reported negative earnings before interest, tax, depreciation, and amortization (EBITDA) of $3.16 million for the full year ending June 2015. Second Quarter Brought $1.2 Million Loss In this year's second quarterly report in late July, DigitalBTC reported $1.2 million in losses. Despite this, the company purchased a total of more than $29.6 million […]

The post DigitalBTC Reports $6.77 Million First Year Net Loss; Management Nonetheless Bullish appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin price is maintaining an east-bound course as we start counting weeks and not days in this nondescript pattern. 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: 15h32 UTC OKCoin 15-Minute Chart From the analysis pages of xbt.social, earlier today: A quick glance at the 15-minute chart, above, shows the narrow price range and flat trading conditions. One scenario, as discussed during the past week-and-a-half, is that price just keels over and […]

The post Bitcoin Price Coiling Up Tighter appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

This is a Bitcoin Press Release. A Star is born! Friday, 28 August 2015 started out just like any other, until with a single deposit of €200, a BitStarz player WON an incredible €51,438.47. It is with great pride that BitStarz has recognized Rebecca as their single largest winner to date. Deciding to test the waters and throw a penny into the pond, turned out to be quite a profitable decision for this adventurous lady, and we could not be happier. In a mere 48 hours, this lucky new BitStarz player scooped several impressive wins, taking her account balance to […]

The post BitStarz Player Wins €51,438. And Breaks The Bitcoin Casino's Single Win Record appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin payments services startup Paymium has raised €1m in new seed funding from investors including Newfund and Kima Ventures.

 Coinbase has added Singapore to the list of countries where you can buy and sell bitcoin using their platform. This is Coinbase’s first foray into Asia and it will allow users with Singapore Dollars to buy bitcoin. “Regulators have taken a fairly progressive stance toward the technology, and appetite for use cases like remittances and cross-border payments bodes well for… Read More

Major banks and mainstream financial institutions are warming up to the blockchain technology that powers Bitcoin, and launching internal experiments and pilot projects to find out how they can use the blockchain. However, most banks frown at the chaotic anarchy of public “permissionless ledgers” like the Bitcoin blockchain, where any individual anonymous user can join and contribute hashpower to verify transactions without having to ask anyone’s permission. Instead, they would prefer “permissioned ledgers” owned and by the banks, which can be operated only by vetted players. Think of “BankCoin” blockchains that only the banks and the authorities have access to. Since this trend appears to be rising fast, many startups are developing infrastructures for permissioned ledgers. SETL is a permissioned […]

The post Blythe Masters and Wall Street Opt for ‘Permissioned’ Non-Bitcoin Blockchains appeared first on Bitcoin Magazine.

Leading bitcoin exchange and wallet provider Coinbase has expanded its services to Canada and Singapore as a part of its project to expand their services globally. Now, consumers in Singapore are able to buy and sell bitcoin for Singapore dollars through Coinbase. This follows the company’s announcement from ealier this week that Coinbase users based in Canada will be able to buy and sell bitcoin with Canadian dollars instantly, using the Coinbase Wallet. Additionally, users will be able to buy and sell bitcoin with a Canadian bank account directly and trade BTC/CAD on Coinbase’s exchange. “Our mission at Coinbase is to spur mainstream bitcoin adoption, which we’ve set out to achieve by providing people with a simple, secure on-ramp to […]

The post Coinbase Expands to Canada and Singapore to ‘Spur Mainstream Bitcoin Adoption’ appeared first on Bitcoin Magazine.

 Hello friends, and welcome back to another episode of Bullish, TechCrunch’s first talk show. This week, Sonny Singh of Bitpay swung by TCSFHQ to help us dig into the current commercial side of bitcoin: Is the pace of adoption accelerating, is bitcoin’s community itself becoming stronger, and, of course, where do both Bitpay and Sonny land in the Great Block Size Debate. At stake… Read More

Bitcoin services firm Coinbase has expanded to Singapore, a move that marks the $106m startup's introduction to the Asian market.

BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips.

Digital Currency DNotes has founded numerous platforms to confront the challenges facing the industry as it seeks mass acceptance. The latest initiative is DCEBrief: providing executive briefs on Digital Currency issues that matter for busy executives, decision makers and everyday people worldwide. DNotes, launched on February 18th, 2014, is one of the market’s most stable cryptocurrencies. Founded at a critical time when the Digital Currency industry faced many challenges; DNotes decided to take a different path, embarking on a long term strategic plan to build a trusted brand supported by its own ecosystem. DNotes’ latest project is DCEBrief; to provide […]

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Bitcoin Press Release: Sync.com, the 100% private cloud storage and file sharing platform with over 100,000 users, announced today they now accept Bitcoin as a payment method, via BitPay. Toronto Ontario – September 2, 2015 Sync offers a completely private alternative to consumer grade cloud storage services such as Dropbox, through the use of zero-knowledge encryption. Simply put, we can’t access the data stored on our servers. said Thomas Savundra, CEO of Sync. With Bitcoin, our customers can enjoy absolute privacy in the cloud for both their data and payments. Having launched as a proof of concept beta in July […]

The post Sync.com Now Accepts Bitcoin For Encrypted Cloud Storage and File Sharing appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Global bitcoin marketplace LocalBitcoins is operating again following over six hours of downtime it attributed to a "hardware failure". The company announced the outage at 20:22 UTC yesterday. By 03:02 it said the service was "back up and running", though it appears some site functionality – including user logins – is still problematic. LocalBitcoins community manager 'Max' told Reddit the problem […]

Leading UK Bank Barclay's has denied it will accept Bitcoin later this year as reported in numerous publications including The Sunday Times and Ars Technica. The report stated Barclay's would work with an un-named Bitcoin exchange and that, at first, only charities would be able to pay bitcoins into Barclays accounts. However, CCN received an email from Barclays regarding the reports, and the bank promptly denied any such plans. "Barclays is not accepting or holding any Bitcoin as some outlets have suggested," Barclays' Candice Macdonald, Vice President of Group Media Relations, wrote. "No Bitcoin is travelling through Barclays systems." We […]

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Bitcoin price is giving clear signals in the chart and its indicators. For the time being we can predict, with some confidence, that price will most definitely be traveling due east. 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: 16h06 UTC OKCoin 3Mth Forward 4-Hour Chart From the analysis pages of xbt.social, earlier today: This morning’s general xbt.social assessment of Bitcoin ecosystem mood, and by extension the mood of the market, gives […]

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Yahoo's Marissa Mayer isn't the only exec whose personal news has rattled investors.