Coin News

Bitcoin wallet service Blockchain has added a former banking chairman and a former Facebook executive to its team of advisors.

Bitcoin start-up E-Coin has launched a virtual bitcoin debit card that works where VISA is accepted. The virtual bitcoin debit card has until now existed in the realm of possibilities largely due to the idiosyncrasies of the global financial system. E-Coin solves a problem that has affected bitcoin users worldwide. Bitcoin users have had to cope with limited spending opportunities. By combining bitcoin with VISA, users of the virtual prepaid card will now be able to perform all the normal transactions that ordinary cardholders are able to do such as load funds, withdraw, and shop online. The most exciting aspect […]

The post E-Coin Launches VISA-Branded Bitcoin Debit Card appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

In many recent articles, Bitcoin Magazine reported the trend toward private, “permissioned” non-Bitcoin blockchains, supported by Accenture and Digital Asset Holdings CEO Blythe Masters, among others.  Permissioned blockchain developments for banks and financial operators have been started by giant Swiss bank UBS, Bitcoin exchange itBit and more. Permissioned blockchains would offer the advantages of digital currencies powered by public blockchains – fast and cheap transactions permanently recorded in a shared ledger – without the troublesome openness of the Bitcoin network where anyone can be a node on the network anonymously. Instead of anonymous miners, only banks and vetted financial operators would be allowed to validate transactions in permissioned blockchains. While Wall Street seems determined to go ahead with permissioned blockchains, it’s […]

The post Nick Szabo on ‘Permissioned Blockchains’ and the Block Size appeared first on Bitcoin Magazine.

E-Coin wants to make managing your personal finances easier with their debit card that allows you to pay for goods and services instantly by converting bitcoin into U.S. dollars, euros or British pounds. Since 2014, E-Coin’s physical debit cards have allowed users to pay for goods and services in person wherever VISA cards are accepted. Today, E-Coin is announcing the release of a virtual debit cards. Now, anyone can create an account online and receive a virtual VISA card number that they can use to instantly spend bitcoin online at any merchant that accepts VISA. This announcement opens up thousands of new places that bitcoiners can shop online and pay with bitcoin through E-Coin. E-Coin virtual debit cards can also be used with other payment networks […]

The post Spend Bitcoin Online at Any Merchant that Accepts VISA with E-Coin’s New Virtual Debit Card appeared first on Bitcoin Magazine.

Extortion group DD4BC has stepped up the number of attacks this year and is now targeting the financial services industry, according to a new report.

Bitcoin isn't about enabling libertarian techno-hippies to buy weed online. The underlying technology is nothing less than a better way to move money around the world--and the planet's financial heavyweights are making it their own.

Why the Bitcoin revolution will play out differently in places where financial services are less robust.

Big financial institutions, from UBS to Visa, are starting to explore Bitcoin technology. Here's what they're up to.

Nearly 25,000 creditors are claiming JPY 2,663,398,225,570 (more than $22 billion USD) from Mt. Gox Co. Ltd., according to bankruptcy trustee attorney Nobuaki Kobayashi. Kobayashi filed a report with the Tokyo District Court, Collegiate Section of the 20th Civil Division. The report summarizes the status of claims against the bankrupt company, along with the status of the investigation into the disappearance of bitcoins from the exchange. The trustee published the report distributed at the fourth credits meeting, according to leaprate.com. Report Lists Assets and Balance Sheet As of Sept. 8, 2015, the bankruptcy trustee has secured JPY 1,242,068,375, i.e., a […]

The post Mt. Gox Creditors Seek More Than $22 Billion: Claims Investigation Extended appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Using the blockchain to track stock trades like bitcoin transactions.

The post Brad Peterson: Bitcoin Could Transform the Stock Market appeared first on WIRED.

CoinDesk explores whether bitcoin and blockchain technology could make a difference in the global aid sector.

Bitcoin price advanced to a new corrective high today before the market nervously started taking profit below $250 (Bitstamp). The chart technicals imply additional highs are in store. 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: 15h53 UTC Bitstamp 1-Hour Chart From the analysis pages of xbt.social, earlier today: Price advanced to a new corrective high today and the move caused divergence in the momentum indictors as annotated in magenta. Typically, bitcoin […]

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The launch of the Laissez Faire (LZF) digital currency-to-fiat exchange platform in 49 states marks the first U.S.-based exchange to operate legally throughout the entire U.S., with the exception of New York. The goal is to provide a digital currency-to-fiat exchange platform that provides the most secure, incentivized trading environment. Using a structure similar to a Saas (software as a service) platform, LZF provides an autonomous system with fully-implemented banking capabilities. The autonomous, synchronized system minimizes the need to manually process user requests (with the exception of crypto cold storage). LZF does not serve New York due to the state’s BitLicense […]

The post LZF Launches First U.S.-Based Exchange To Operate Legally In 49 States Today appeared first on CCN: Financial Bitcoin & Cryptocurrency News.