Coin News

IBM on Tuesday announced a new Bluemix Garage in New York, located at Galvanize’s newly launched New York campus in SoHo. This enables...

The post IBM Opens New York Bluemix Garage for Cloud Blockchain Application Development appeared first on Bitcoin Magazine.

Following a majority vote of the North Carolina Senate, the General Assembly of the state has now approved the amendment of a statutory article – the North Carolina Money Transmitters Act. The move will see the term “virtual currency” added to the existing law. Bitcoin exchanges and other industry companies in North Carolina will now […]

The post Bitcoin Bill Approved by North Carolina Senate appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin price is trading into a narrowing range and the market will soon be forced to choose a direction. Upside options are limited while the long-term indicators return to neutral, and if the outcome is decline, it will hopefully be contained above $500. This analysis is provided by xbt.social with a 3-hour delay. Read the […]

The post Bitcoin Price Squeeze Into Decision-Time appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin right now is not really anonymous. While Bitcoin addresses aren't necessarily linked to real-world identities, they can be....

The post Local Trade and Decentralized Exchange: Protecting Privacy When Moving in and Out of Bitcoin appeared first on Bitcoin Magazine.

A bill requiring money transmission licenses for companies working with digital currencies in the state of North Carolina has passed.

Banco Bradesco, one of Brazil’s largest banking and financial services firms has joined the R3-led banking blockchain consortium, R3CEV. So too, has Toyota Financial Services, the financial arm of automotive giant Toyota Motor Corporation. A leading Brazilian bank has joined the banking blockchain consortium led by New York-based R3, an announcement today revealed. Banco Bradesco […]

The post Brazilian Banking Giant Banco Bradesco & Toyota Financial Services Join the R3 Blockchain Consortium appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

“Bitcoin bank” Circle is betting big on China. The company has announced that it raised $60 million in a new Series D funding round led by...

The post Circle Bets Big on China Amid New Capital Raise appeared first on Bitcoin Magazine.

A seven-strong consortium has joined forces to explore how blockchain technology could help lower the cost of providing post-trade settlement services to small- to medium-sized enterprises (SMEs). BNP Paribas Securities Services, Caisse des Dépôts, Euroclear, Euronext, S2iEM, Société Générale and Paris EUROPLACE revealed that they have signed a memorandum of understanding to create the initiative. […]

The post 7 French Financial Firms to Build Blockchain Infrastructure for SMEs appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin exchange Kraken has announced the acquisition of Dutch bitcoin exchange CleverCoin. to its expansion after previously acquiring New York-based Coinsetter and Canadian bitcoin exchange CAVirtex earlier this year. San Francisco-based bitcoin exchange Kraken has acquired CleverCoin, a Dutch bitcoin exchange based in Eindhoven. The acquisition is only the latest addition to Kraken’s growing presence […]

The post Kraken Acquires Dutch Bitcoin Exchange CleverCoin appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

ICICI Bank in India has created a chief technology and digital officer position (CTDO) along with a technology and digital group (TDG) to work on improving the bank’s digital capabilities, Chanda Kochhar, managing director and CEO noted in an interview, according to Mint, an Indian business publication. Blockchain technology, the bank believes, will make banking […]

The post Indian Bank ICICI Establishes Digital Division to Harness Blockchain Technology appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

In this episode of the Unchained podcast, legendary VC Bill Tai reveals how the Bitcoin mining ASIC chip was designed by people with no training and what blockchain organization was founded in Sir Richard Branson's hot tub on Necker Island.

Ernst & Young revealed today that it has successfully auctioned off 24,518 bitcoins worth around A$22 million ($16 million) as part of a scheduled auction after the Australian government confiscated the bitcoins from a Silk Road user. Financial services firm Ernst & Young oversaw the closed international auction, which was open to bidders from 20 […]

The post $22 million worth of Bitcoin sold in Australian-first auction appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

LONDON (Reuters) - Royal Bank of Scotland Chief Executive Officer Ross McEwan has warned staff that Britain's decision to leave the European Union has caused a range of economic uncertainties "in the short, medium and long term", a memo seen by Reuters showed.

Although he said the result was a surprise for many, McEwan said the state-backed bank has planned extensively for both outcomes to ensure it was well placed to support customers and colleagues.

New Zealand-born McEwan also paid tribute to the RBS staffers in all parts of the lender who managed the immediate market fallout that followed the result on Friday, who he said "did us all proud."

He also noted that the result had rippled beyond markets and into "everyday exchanges between colleagues, friends and family" but called on RBS employees to remember how diversity was a major contributor to the bank's success.

"As someone born outside the UK, I see one of this country's biggest strengths as its openness to the rest of the world, and the people of it. As a major employer and backer of the economy we have a duty to ensure that we reflect that," he said.

"The diversity of those who make up this bank at every level is key to our success. In uncertain times I want to ensure that everyone understands that."

Shares in RBS have fallen by 27.5 percent in the three days since the decision after earnings downgrades and sell off by worried investors.

(Reporting By Andrew MacAskill, editing by Sinead Cruise)

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Bitcoin gambling has increased over time. It represents an opportunity for players to make big money in the digital currency. The gambling space is one of the largest in Bitcoin. Erik Vorhees, for instance, sold Satoshi Dice for $11.5 million in July 2013, which many experts cite as the first major Bitcoin business buyout. John […]

The post The Biggest Winners & Losers Of Bitcoin Gambling appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

A new Australian political party called Flux is aiming to ‘upgrade democracy’ and change the way Australians vote by using the Flux app built entirely on the blockchain platform. What is the Flux? This is a tool that enables Australians to participate directly with parliament, making the need for trust in elected officials to become […]

The post An Australian Political Party with Blockchain Ideals appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

San Francisco-based digital currency exchange Kraken is making yet another acquisition, scooping up Dutch exchange CleverCoin.

As many as four bidders have claimed $16m in bitcoin recently auctioned off in Australia by Ernst & Young.