Hang out at any music industry conference these days, and everyone’s talking about Bitcoin, blockchain, and the powerful possibilities for a crypto-currency to transform the entire music industry. Imogen Heap, one of its biggest proponents, is now releasing her music via Blockchain technology, and indies, DIY artists, and music entrepreneurs view the cypto-currency as a solution endless transparency problems plaguing major label contracts, streaming payouts, and even live music. http://www.digitalmusicnews.com/2016/01/19/bitcoin-has-totally-failed-says-a-top-bitcoin-engineer/ |
|
|
|
This brief article helps to clear up a common misconception about Bitcoin. Bitcoin is frequently portrayed as the chosen currency of crooks. There is no doubt that criminal activity has been associated with the Bitcoin ecosystem, but I would argue that cash is still king in the underworld. Jason Bloomberg writes in his recent Forbes article [1]: “Professional criminals’ number one requirement is a secure, anonymous way to move and store money, and Bitcoin fits the bill perfectly.” There’s a really big problem with that statement: it is simply and provably not true. It displays ignorance in how Bitcoin really works. In fact, Bitcoin is a potential nightmare for criminals. If they want to minimize getting caught, they’ll stick with cash and the legacy banking system, but more on that later. Many people mindlessly repeat the meme that Bitcoin is anonymous, and therefore conclude it must be the ideal currency of criminals. But is this really true? Don’t forget, every transaction that occurs in Bitcoin is recorded in the blockchain—the ledger is completely transparent. The history of every Bitcoin transaction is publicly accessible. These statements bear repeating. Every Bitcoin transaction is cemented in the blockchain, which can be examined and analyzed at will by anyone with minimal technical know-how. http://blog.cryptoiq.ca/?p=164 |
|
|
|
Since their inception in 2011, Kraken has focused their attention on developing market share in Europe, cementing themselves as the world’s largest bitcoin exchange in euro volume and liquidity. They’ve often been reviewed as one of the most innovative exchanges in the space and amongst other accolades were the first to have their market data displayed on the Bloomberg Terminal. http://coinjournal.net/kraken-acquiring-coinsetter-and-cavirtex/# |
|
|
|
There are multiple signals that our current global financial structure is not working optimally, and the recent price restructuring by Apple is yet another indication of why things need to change soon. App store prices will go up in seven countries around the world, as tech giant Apple needs to account for volatile exchange rate changes in the affected regions. Bitcoin remains the only global currency in existence today where the playing field is even for anyone in the world. http://bitcoinist.net/local-apple-app-store-pricing-changes-show-why-bitcoin-is-the-only-global-currency/ |
|
|
|
Recently in a post on their blog, Shapeshift.io has warned users of various scams that are taking place on social media and attempt to lure users into depositing cryptocurrency on impostor sites such as “shapeshit.io” Shapeshift has released a detailed report to help users protect their funds and avoid falling victim to these attacks. please read detail : http://bitcoinist.net/protect-yourself-from-these-shapeshift-io-based-scams/ |
|
|
|
The Bitcoin price plunged as much as 16% today (Friday) as the market reacted to a blog post by a former Bitcoin developer that said the digital currency had "failed." According to the CoinDesk Bitcoin Price Index, the price of Bitcoin was about $432 yesterday (Thursday), but news of the damning blog post sent it skidding below $400. The Bitcoin price dipped as low as $359 at one point. http://moneymorning.com/2016/01/15/why-the-bitcoin-price-is-falling-today-3/ |
|
|
|
Bitcoin exchange Cryptsy International has explained the problems it has been undergoing for some time in a blog post. Cryptsy completely denied all allegations that problems were caused by recent phishing attacks or a ddos attack. The exchange has been under investigation since a class action lawsuit against it was filed. First-hand explanation comes just in time as numerous users continue complaining of withdrawal issues and Cryptsy remaining silent. Until the problems began, Cryptsy was a successful exchange with more than 270,000 registered users from all over the world making over 300k trades per day. It serviced more than 200 different types of crypto-currency. http://www.coinspeaker.com/2016/01/15/bitcoin-exchange-cryptsy-finally-explains-loss-of-millions/ |
|
|
|
Bitcoin’s block-size dispute rages on. A proposed change to a single parameter in Bitcoin’s reference implementation has spawned into a great debate, resulting in tireless discussion, multiple conferences , a growing split within the Bitcoin community and at least one prominent developer joining a bank-run alternative. The subject of debate itself, moreover, started out in the technical realm, predominantly relating to the increased propagation time of larger blocks, and the level of mining centralization. Over the past year, however, the same debate mostly moved into the political domain, leading to the big question of governance, and the spawning of several competing Bitcoin implementations. https://bitcoinmagazine.com/articles/on-consensus-or-why-bitcoin-s-block-size-presents-a-political-trade-off-1452887468 |
|
|
|
New York-based Digital Asset Holdings, a startup that began as a bitcoin-centric company and is now deemed a blockchain-based firm is opening a new office in London to expand its presence into the European market. Digital Asset, led by former JPMorgan executive Blythe Masters as the company’s CEO announced in a media release that the company will open an office in London to support its clients and expand its presence in the UK and European markets. https://www.cryptocoinsnews.com/digital-asset-holdings-expands-to-europe/ |
|
|
|
The 21 Bitcoin Computer is now available for purchase in Bitcoin at its equivalent value to $399.00 USD on its official website. The latest billing option which allows purchase with Bitcoin also comes with added privacy and security in mind. The company does not ask for a name on the address and will send to a P.O. Box labeled simply for “Postal Customer.” This nuanced approach to billing and shipping with a level of anonymity in mind comes as a signal of support for the continued decentralized nature of Bitcoin and the privacy of its community and users. https://www.cryptocoinsnews.com/21-bitcoin-computer-available-purchase-using-bitcoin/ |
|
|
|
BitPay has announced a new partnership with European information technology provider Ypsilon.Net. The company provides a platform with booking engines and the payment processing framework for tens of thousands of websites, processing millions of transactions every month. A new partnership between payment processor BitPay and Ypsilon.Net, a leading IT solutions provider for the travel industry will soon see thousands of online agencies and travel booking platforms offer a bitcoin settlement option for customers. https://www.cryptocoinsnews.com/bitcoin-flies-farther-in-the-travel-industry-after-bitpays-latest-partnership/ |
|
|
|
Price has been declining consistently all day and punched below $400 (Bitstamp) at 13h00 UTC. Despite momentum indicators showing price to be oversold at all timeframes we reference (1-day, 4-hour, 1-hour and 15-minute) the decline has continued. The 1-day and 4-hour RSI is reverse diverged to the downside and this implies that price will return to the upside at some point. When, or from what level is unknown, because if there is one thing the market will teach a trader during strong decline it is to never try to catch a falling knife. https://www.cryptocoinsnews.com/bitcoin-price-below-400/ |
|
|
|
E-coin, one of the leading bitcoin debit card providers, announced a survey with pleasant gifts for all participants. Taking part, you get a possibility to receive a free virtual e-coin debit card or enter into a $100 drawing for free bitcoin. “We are doing a survey to better understand our customers and continue to improve our service. We are much more than a bitcoin debit card. We are adding new services to make it easier to buy/sell and use bitcoin,” Tim Frost, VP of Marketing and Business Development at E-Coin, told CoinSpeaker. The survey is available here. http://www.coinspeaker.com/2016/01/15/e-coin-announced-survey-with-free-bitcoin-debit-card-to-each-participant/ |
|
|
|
Earthport, known for its extensive payment network for cross-border transactions and robust ACH infrastructure, has created the world’s first Distributed Ledger Hub (DLH). The DLH service is accessed through Earthport’s Distributed Ledger Gateway, previously announced in August of 2015, and will provide full connectivity to the Ripple ecosystem, including Ripple instances, Ripple market makers, and eventually other Distributed Ledgers. https://www.cryptocoinsnews.com/earthport-unveils-worlds-first-distributed-ledger-hub/ |
|
|
|
People are often looking to address how Bitcoin has become so popular throughout all of the years, even though it’s not hard to find reasons why people take a liking to digital currency. Unfortunately, that success sometimes comes at a severe price, and multiple major Bitcoin exchanges have been suffering from distributed denial of service attacks over the past week and a half. http://themerkle.com/news/various-bitcoin-exchanges-faced-ddos-attacks-this-past-week/ |
|
|
|
Marc Faber, also known as “Dr. Doom” in the investment world, has long made a name for himself with his perpetually bearish outlook and his “Gloom Boom & Doom Report” newsletter. In recent interviews aired with Bloomberg and CNBC, the swiss investment advisor and fund manager repeated his claim that the US is most likely in a recession. He divulged his evidence for the abysmal state of the US economy, and hinted that Bitcoin is something that investors should be looking into. http://bravenewcoin.com/news/bitcoin-as-an-asset-could-help-balance-portfolios/ |
|
|
|
|
Show Posts
