Coin News

A new Bitfury white paper aims to advance the study of how bitcoins sent using certain privacy-enhancing techniques can be traced to participants.

A federally funded research laboratory run by a subsidiary of Lockheed Martin is developing a bitcoin analytics tool for the US government.

Hi, thank you for the interview. Many of our readers are not familiar with yourself. Could you please give us a brief introduction? Hello, I’m Dawei Lee, chief executive officer of CHBTC, which is one of the mainstream digital currency exchanges in China. Before founding CHBTC, I have served successively as marketing executive, product manager […]

The post CCN Catches up with the CEO of CHBTC, One of China’s Largest Exchanges appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Following the announced forthcoming launch of Nxt’s Ardor Blockchain, a near-anonymous and leading investor within the NXT community dubbed ‘Megalodon’ is offering 5 million (c.$150,000) in NXT digital tokens to anyone who runs NXT nodes. Requiring no registration to participate, potential parties need automatically to download the NXT client and run the node.

Bitcoin price has faked advance, and now proceeds to retest the consolidation zone near $570 (Bitstamp). This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis Time of analysis: 13h00 UTC Tuesday Bitstamp 4-Hour Candle Chart From the analysis pages of xbt.social, […]

The post Bitcoin Price Rally Delayed appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

We are amid the largest era of institutional change in the history of our planet. We're calling it “the Great Rewrite.” In a series of reports, here and in Forbes magazine, we will explore the profound forces at work in business and beyond.

An anonymous bidder purchased 2,700 bitcoins worth about $1.6 million in an anonymous auction held by US Marshals Service on Monday. The Feds confirmed the sale to CoinDesk, a site that reports on the digital currency, and said that four bids were received in the auction.

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The U.K.’s Financial Conduct Authority (FCA) is thinking about approving a number of blockchain companies as it actively encourages businesses to utilize bitcoin’s underlying technology. Despite the fact that some regulators are cautious over the use of blockchain technology, the U.K.’s FCA is known as the most forward-thinking. It comes as no surprise then, that […]

The post UK Financial Regulator Considers Approving Blockchain Startups appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

A Linux flaw that allows an attacker to hijack a target’s internet traffic via a TCP connection exploit also impacts about 4 in 5 Android devices – nearly 1.4 billion Android devices – security researchers have discovered.

The post Linux Flaw Puts 1.4 Billion Android Devices at Risk appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin is looking more attractive to potential investors particularly those who have had some disappointments using traditional forms of investments such as in the stock market or gold market. Investments in the digital currency have more than doubled in the past twelve months. According to CoinMarketCap, one bitcoin was worth about $230 around September 2015. […]

The post Guardian Article Puts Spotlight on Bitcoin as an Investment appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

After experimenting the payment of bus tickets with virtual currency, Bitcoin, since 2 August 2016, a French company has become the first in its sector to set up this type of payment across Europe. Isilines is a new offering of the leading long-distance passenger transport by bus operator in Europe, Transdev Group, a French-based international private […]

The post French Bus Operator First in Europe to Accept Bitcoin appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

“Shifting from a perspective of 'only humans control money' to 'machines and software control money' is really radical and it changes a lot of things,” says the Bitcoin and blockchain expert in the latest Unchained podcast.

E-commerce giant Rakuten has acquired the IP assets of the Bitnet payment platform and opened a blockchain lab in Belfast, U.K. Rakuten Blockchain Lab (RBL) will be a research and development organization focused on blockchain technology and its applications to fintech and e-commerce. Rakuten invested in Bitnet Technologies Ltd., a blockchain-powered digital payments platform, in 2014.   […]

The post Rakuten Acquires Bitnet, Establishes Blockchain Lab For Fintech And E-Commerce appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

LARA, which operates on the belief that nothing is impossible in a world that gives equal opportunity to everyone and that the worst situations can turn out to be the most beneficial ones, has reported a $3m investment in its automatic fund management system. It says on its Telegram news channel: “Now, nothing can stop […]

The post LARA announces $3 million investment – $1 million+ in 5 days  appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Good morning! Here's what you need to know in markets on Tuesday.

Europe is heading towards a "cataclysmic event" that could lead to the collapse of the euro and the end of the European project as we know it, according to Nobel prize-winning economist Joseph Stiglitz. In an interview with Business Insider following the launch of his latest book, Stiglitz said that a "disastrous" political event similar to the United Kingdom's decision to leave the European Union could trigger such a collapse.

Oil is still falling. Crude oil is down 1.24% to $46.82 at the time of writing (6.30 a.m. BST/1.30 a.m. ET), while Brent is down 0.96% to $48.69. Prices dived on Monday after Morgan Stanley's chief energy analyst warned the recent rally may be unwarranted.

A French government report omitted significant details about how Renault’s diesel cars were able to emit fewer deadly gases when subject to official emissions testing, members of the state inquiry have told the Financial Times. Three of the 17 members of the commission told the paper that the published report did not include the full details of their findings, including the fact that a NOx “trap” in the Renault Captur went into overdrive when the sport-utility vehicle was prepared for emissions testing but not during normal driving conditions.

It's preliminary PMI day. Early estimates are coming for manufacturing, service sector, and overall economic growth in key EU nations in August. From 8.00 a.m. BST (3.00 a.m. ET) onwards we'll get readings for France, Germany, and the EU as a whole. The EU's economic growth is expected to hold steady at 53.2. (Anything above 50 signals growth, below means contraction.)

Asian stock markets are treading water. China's benchmark Shanghai Composite Index is up 0.27% at the time of writing (6.30 a.m. BST/1.30 a.m. ET), while Japan's Nikkei is down 0.60%, and the Hong Kong Hang Seng is down 0.26%.

Verizon Communications, the largest telecommunications company in the US, is experimenting with blockchain technology. Blockchain technology, which powers Bitcoin and other cryptocurrencies, depends on a distributed ledger that allows users to verify transactions without an intermediary.

Lyft President John Zimmer is disputing a series of recent news stories saying that the US ride-hailing company failed to find a buyer after talking to six different companies. "Lyft is not seeking a buyer," Zimmer told Business Insider. "Getting approached and then having it characterized as us wanting to sell the business and failing to do so is a large mischaracterization."

Amazon is working on a music subscription service that would cost about $5 (£3.80) a month and would only work on its Echo hardware, Recode reported, citing sources. Amazon would like to launch the services in September, but has not finalized deals with major music labels and publishers, Recode reported.

FolgerHill Asset Management has suffered through investor redemptions and losses that have cut the hedge fund firm's assets by nearly one-third from its 2015 peak, people familiar with the situation told Reuters. Launched in 2014 by an acolyte of SAC Capital Advisors founder Steven A. Cohen, FolgerHill was one of the most prominent hedge funds to come on the scene.

Shoppers spent £9.27 billion ($12.2 billion) in the UK on 1.1 billion contactless payments between January and July, compared to £7.75 billion ($10.2 billion) during last year, according to the UK Cards Association, a trade body. The Telegraph reports that last month nearly one in five purchases made on a card used contactless readers, up from 7% a year ago.

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In the wake of a $55 million dollar compromise of the DAO, a distributed fund created to fund Ethereum projects, a desperate debate regarding how to rectify the issue came to fruition. The issue at hand was Ethereum’s future change to a proof of stake protocol, whereby the hacker – should he have kept his […]

The post What the Experts Tweeted about the Ethereum Hard Fork, Ethereum Classic appeared first on CCN: Financial Bitcoin & Cryptocurrency News.