Coin News

As Silvergate Bank prepares to give its 16th bitcoin account its CEO talks about how he got in the business of working with digital currency startups.

Bitcoin Press Releases: NEWBIUM has begun its evolution in the Digital Currency space to provide a service to Crypo Experts, Traders and Investors in this field with smart tools to be able to make smarter decisions. Using cutting edge technology and precision marking data that anyone involved will be able to access in order to […]

The post Newbium – Bringing New Tools to the Cryptosphere appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin Press Release: In partnership with Softswiss, Roger Ver’s Bitcoin.com is proud to announce the official Bitcoin.com casino, a trusted platform where players can bet bitcoins on a number of fun and fair games. All new customers will receive 2 free bitcoins to get them started as a welcome bonus. Casino.bitcoin.com is owned and operated […]

The post Bitcoin.com Launches Bitcoin Casino with Over 1000 Games and Free Bitcoin Bonus appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

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Like an expert player in a game of Risk, Apple is spreading across the globe.

Apple Pay has expanded in Canada with a launch to support Canadian Visa, MasterCard, and Interac cardholders with cards issued by the Royal Bank of Canada, Cibc, ATB Financial, and Canadian Tire Bank.

Apple Pay debuted in Canada last fall, but it was exclusive to American Express cardholders.

Many expect the mobile wallet to also expand to cardholders from the other three major Canadian banks (TD Bank, Scotiabank, and Bank of Montreal) in the next few months.

This expansion should substantially increase Apple Pay adoption, especially if it follows the Australian trend.

Apple Pay also launched for Australian Amex cardholders last fall and subsequently expanded to include Visa and MasterCard customers with cards from the ANZ Bank. And since that expansion on April 28, interest in ANZ deposit and credit accounts has soared, reports the Sydney Morning Herald. This success has led other Australian banks to partner with the tech giant to deliver Apple Pay to its customers.

It's likely that Canadian customers would have the same interest level in Apple Pay, so a successful launch should lead to more bank partnerships in the not-too-distant future.

The spread of Apple Pay is one of many ways in which the payments ecosystem in today's world is evolving. Simple cash and card transactions are giving way to mobile wallets and other forms of digital payment.

Evan Bakker and John Heggestuen, analysts at BI Intelligence, Business Insider's premium research service, have compiled a detailed report on the payments ecosystem that drills into the industry to explain how a broad range of transactions are processed, including prepaid and store cards, as well as revealing which types of companies are in the best and worst position to capitalize on the latest industry trends.

Here are some key takeaways from the report:

• 2016 will be a watershed year for the payments industry. Payments companies are improving security, expanding their mobile offerings, and building commerce capabilities that will give consumers a more compelling reason to make purchases using digital devices.
• Payments is an extremely complex industry. To understand the next big digital opportunity lies, it's critical to understand how the traditional credit- and debit-processing chain works and what roles acquirers, processors, issuing banks, card networks, independent sales organizations, gateways, and software and hardware providers play.
• Alternative technologies could disrupt the processing ecosystem. Devices ranging from refrigerators to smartwatches now feature payment capabilities, which will spur changes in consumer payment behaviors. Likewise, blockchain technology, the protocol that underlies Bitcoin, could one day change how consumer card payments are verified.

In full, the report:

• Uncovers the key themes and trends affecting the payments industry in 2016 and beyond.
• Gives a detailed description of the stakeholders involved in a payment transaction, along with hardware and software providers.
• Offers diagrams and infographics explaining how card transactions are processed and which players are involved in each step.
• Provides charts on our latest forecasts, key company growth, survey results, and more.
• Analyzes the alternative technologies, including blockchain, which could further disrupt the ecosystem.

To get your copy of this invaluable guide, choose one of these options:

1. Subscribe to an ALL-ACCESS Membership with BI Intelligence and gain immediate access to this report AND over 100 other expertly researched deep-dive reports, subscriptions to all of our daily newsletters, and much more. >> START A MEMBERSHIP
2. Purchase the report and download it immediately from our research store. >> BUY THE REPORT

The choice is yours. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of the payments ecosystem.

Join the conversation about this story »

OpenBazaar, a decentralized, unregulated and open-source marketplace that uses bitcoin, has released a roadmap to its second version following a better-than-expected response to its first version in April, according to Medium. OpenBazaar, which opened for business last month, has long-term plans to be a major e-commerce player. Its immediate focus is traditional e-commerce for digital […]

The post Bitcoin Marketplace OpenBazaar Unveils Several Additions in Major Roadmap appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

The Obama administration should move quickly to embrace bitcoin and blockchain technology, a former government regulator has argued in a new op-ed.

The Australian government has officially responded to a Senate report that offered regulatory recommendations for digital currencies.

The distributed ecommerce platform OpenBazaar (OB) soft-launched in April and has received $1 million in venture funding from Andreessen...

The post OpenBazzar Celebrates 100,000 Downloads of Bitcoin-Powered Social Marketplace appeared first on Bitcoin Magazine.

Judging from various reports in the media over the past year, Bitcoin is in a serious crisis that threatens its very existence. Longtime...

The post Bitcoin Reaches a Crossroads With the Scaling Debate, Not a Crisis appeared first on Bitcoin Magazine.

Bitcoin price has drawn sideways around $450 (Bitstamp) for most of the day before making a rounded push higher. The decline may be over but additional price action is needed so soon after the strong upside reversal. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? […]

The post Bitcoin Price: Can Trade Hold $450? appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

CoinDesk has released its latest "State of Blockchain" report, analyzing news and events from Q1 2016.

The AKASHA Project hopes to deliver an Internet where privacy and freedom of expression are embedded into the code, using the Ethereum and the Inter-Planetary File System (IPFS). Mihai Alisie, founder and CEO of AKASHA, recently celebrated World Press Freedom Day by inviting people to sign up for its alpha release, according to his blog. Alisie, […]

The post Ethereum Based Censorship-Immune Social Media Network “Akasha” Unveiled appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

A writer should have this little voice inside of you saying, Tell the truth. Reveal a few secrets here. – Quentin Tarantino Frustrated, The Man sat there and looked at the effervescence of his computer screen from within a desert of red. Outside of his window, the kangaroo which had been plotting for months to kill […]

The post Satoshi Nakamoto Outs Himself As Craig Steven Wright appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Today on In Case You Missed It: MIT's Tangible Media Lab built a shifting interface that can be used to test basic physics and even help seismologists understand the ripple fallout from an earthquake. A Kickstarter device for a tortilla-maker costi...

Citing security concerns with the possibility of endangering personal information and the privacy of users in relation to the planned release of the list of bitcoin addresses controlled by now-defunct Bitcoin exchange Mt. Gox, the trustee has suspended the release. Nobuaki Kobayashi, the Tokyo District Court assigned Trustee, who revealed “significant progress” had been made […]

The post Mt.Gox Trustee Suspends Release of Exchange’s Bitcoin Addresses List appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

The changes considered by the Australian Securities Exchange (ASX) to its listing regulations could potentially lead to early-stage technology startups including bitcoin and Fintech companies being blocked from listing on Australia’s primary securities exchange. The ASX is notable for its endeavor to explore and implement blockchain technology as its post-trade clearing and settlement solution, replacing […]

The post ASX Listing Changes Could Dissuade Bitcoin & Fintech Startups appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

The court-appointed receiver for Cryptsy, the defunct, Florida-based cryptocurrency exchange that claims to have lost more than $5 million in investors’ funds to theft, has filed a report that identifies some of the banks and exchanges the defendants used in operating the scheme that left hundreds of investors without access to their accounts. The receiver, […]

The post Investigation into Bitcoin Exchange Cryptsy Issues Subpoenas, CEO Remains Missing appeared first on CCN: Financial Bitcoin & Cryptocurrency News.