It is also interesting to note there is a significant increase in the number of Indian Fintech startups receiving funding. The total amount invested more than quintupled in 2015 to US$1.5bn, up from US$247m. These figures indicate an unprecedented growth in the Fintech sector in India, and that growth is expected to continue for the foreseeable future. http://fintechist.com/central-bank-india-greenlights-fintech/ |
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Among the many supported funding options for the contactless payment ring is PayPal, debit and credit cards, and bank transfers. Unfortunately, Bitcoin is not on this list, despite its global appeal and no chargebacks. Companies such as Plutus are actively exploring the role of Bitcoin in contactless payments, though. http://bitcoinist.net/kerv-funding-options-bitcoin/ |
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What Stripe does is make it a lot easier for retailers and merchants to accept a wide variety of payment options. So far, the solution supports 130 different fiat currencies, as well as modern payment methods such as Android Pay, Bitcoin, and Apple Pay. A great solution for merchants in France, despite the plans by Front National to ban Bitcoin as a currency. http://www.newsbtc.com/2016/06/08/bitcoin-fintech-stripe-lands-france/ |
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At the time of writing, the Bitcoin price has recovered to a US$575 price level. The price has been hovering around this value for the past few days, albeit a lot of people are wondering if we can get past the US$600 point shortly. It is certainly possible, but it will take a lot of volume to reach that threshold. http://themerkle.com/brief-bitcoin-price-dip-followed-by-another-upward-trend/ |
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Swirlds claims they can create the next generation of distributed consensus through their hashgraph platform. While still promoting fairness and distributed trust, it is also resilient to DDoS attacks. However, it does not require proof-of-work to achieve any of these goals, which makes it rather peculiar.The associated whitepaper does not mention specifically how the company delivers this technology http://bitcoinist.net/swirlds-blockchain-limitations-hashgraph/ |
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Up until this point, many security experts felt that EMET was the most efficient ways to prevent Windows computers from being attacked or infected. Moreover, it has never been possible to bypass this layer of protection entirely. FireEye researchers discovered the new code in the Angler exploit kit on Monday, June 6. http://bitcoinist.net/ransomware-spike-angler-bypassing-emet/ |
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Poloniex is the largest altcoin exchange in the world today, as they continue to dominate nearly every alternative cryptocurrency trading market. Especially Ethereum and The DAO tokens are seeing a lot of daily trading volume on these platforms. But now that Poloniex is temporarily offline, a lot of traders are panicking and show concerns over their funds. http://bitcoinist.net/poloniex-funds-are-safe-despite-outage/ |
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In most cases, deep web buyers are only punished when they involve weapons or other tools to do harm to others. Large drug purchases are also frowned upon, yet 17 orders of between 1.5 and 7.4 gram of cannabis are not that extraordinary. It does not appear as if the arrest has anything to do with this user further distributing the marijuana either, yet he was fined over 3,000 EUR for his involvement. http://themerkle.com/original-silk-road-cannabis-buyer-arrested-by-german-police/ |
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“Basically, if it’s not possible for us to turn this into donated money. Perhaps we could use it to help buy supplies online. I know I’ll probably be lambasted for not performing the due diligence and research myself.. but things are very hectic around here, and our generators don’t run on Sunday. So the batteries will be losing power soon. If anyone is willing to recommend some online suppliers of tech/gear, that might be suitable for an anti-poaching group. I’d appreciate the input.” http://bitcoinist.net/chinko-project-reddit-bitcoin-donations/ |
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“The Silk Road model presents a new threat to public safety and health. The website expands the serious drug market to all reaches of the country, and indeed the world. The website reaches those who are too apprehensive to conduct a deal on the street, or those, say in rural areas, who may not have a direct drug supplier. This new frontier is dangerous—and a clear message needs to be sent that those who peddle their poison on the internet—face serious penalties.” http://themerkle.com/silk-road-2-0s-doctorclu-sentenced-to-eight-years-in-prison/ |
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Contrary to what people expected, the Bitcoin price did not stumble in the meantime. Cryptocurrency community members know it does not matter who created Bitcoin in the end. Bitcoin was never designed to be governed or led by one or several individuals. It is all about decentralization, distribution, censorship-resistance, and transparency. http://fintechist.com/turbulent-2016-bitcoin-price-580/ |
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It is not the first time the blockchain makes waves in India, as the Reserve Bank of India saw potential in this technology last December. Moreover, this innovation can help banks in cutting costs across nearly all services and products. Infosys is actively exploring these opportunities through EdgeVerve Systems, and so far, they are are in preliminary talks with various banks in the country. http://www.newsbtc.com/2016/06/03/indian-giant-infosys-market-blockchain-among-local-banks/ |
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What is noteworthy is how the Flashpoint research indicates these crime rings usually rely on personal relationships. With no central command and control infrastructure, affiliates get carte blanche as to how they distribute ransomware. Moreover, they need to keep tabs on how many and which systems have been infected successfully. http://bitcoinist.net/flashpoint-study-spreading-ransomware/ |
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