Blockchain, arguably bitcoin’s most prominent wallet provider has commenced beta-testing a feature that will enable users to fund their bitcoin wallets near-instantaneously and directly. The feature comes as the result of a partnership between Blockchain and Danish Fintech payments startup Coinify.

Read More: https://www.cryptocoinsnews.com/bitcoin-buying-gets-boost-new-blockchain-coinify-partnership/

A recent assessment from the Hong Kong Central Bank has warned that blockchain could increase the risk of money laundering, according to The Business Times.

In a study, the HKMA said even though bitcoin’s distributed ledger could save on cost and cut down on time, it also had the potential to provide criminals with a way of undertaking illegal activities.


Read More: https://www.cryptocoinsnews.com/hong-kong-monetary-authority-sees-blockchain-money-laundering-risk/

Token Hub Asia in the Philippines recently celebrated its one-year anniversary as a remittance service for an altcoin called Eternal Coin (XEC) serving the Philippines, Japan, Hong Kong and Korea. Eternal Coin is owned by a Japanese company called Atom Solutions.

The service charges users a flat 2 Philippine peso (approx $ 0.04 USD) remittance fee. It is possible to send the funds directly to a recipient’s mobile phone.

Read More: https://www.cryptocoinsnews.com/remittance-alt-coin-turns-year-south-east-asia/

Vit Jedlicka, the first president of Liberland, is working hard to create a utopia on what he believes is unclaimed land between Croatia and Serbia, according to the BBC. The utopia would have bitcoin as its currency and there would be no mandatory taxes or gun control.

The land in question includes 2.5 square miles of uninhabited marshland.

Read More: https://www.cryptocoinsnews.com/bitcoin-liberland-president-recognition/

India’s new PM, targeting people who skirt taxes, outlawed 500 and 1,000 rupee bills – a staple in ATMs in the country. He did it in what’s being called a “shock and awe” manner so that black market savers didn’t have enough money to figure something out to do about it.

People have stood in line at banks to receive new currency and ATMs, no longer stocked with the larger denominations, are running out of money. The moves will likely lead to an increase in demand for Bitcoin in India.

Read More: http://bitcoincreative.com/?p=11393

Donald Trump and Hillary Clinton may be considered to be the least popular presidential candidates in the history of American politics, but that hasn’t stopped punters from pouring in a record number of wagers into betting sites.

Bitcoin betting surges during US election seasonThe recently held 2016 U.S. presidential elections has been called the biggest non-sporting betting in the UK’s history, surpassing even the Brexit referendum, with punters spending more than £150 million on the outcome.



Read More: http://calvinayre.com/2016/11/15/business/bitcoin-betting-surges-us-election-season/

HT: Poland 1 vs 0 Slovenia
FT: Poland 2 vs 0 Slovenia

Across the world, unaccountable, unelected, bureaucrats, continue to mismanage their nations’ money in numerous ways at a high cost for the people. The most striking case is in India.

It is difficult to imagine waking up one morning to suddenly find out that 85% of your money is not actually money any longer, but that is exactly what happened at one of the most populous country on earth, where, what the day before was worth 500 rupees or 1,000 rupees, around $7 and $15, was instantly declared worthless.

Read More: https://www.cryptocoinsnews.com/bitcoin-thrives-china-india-zimbabwe-plunge-monetary-chaos/

The Bitcoin market is relatively unchanged from yesterday.  A bit higher but nothing remarkable.  Here is the 8-hour chart we looked at yesterday:



As we can see, the 2nd arc of the pair provided support, but the top of the square has been solid resistance.  This leads us to the recurring question traders ask all the time”  Which will give first? Resistance or Support?

Read More: https://www.cryptocoinsnews.com/bitcoins-quiet-storm/

R3 and Singapore’s central bank, the Monetary Authority of Singapore, have partnered up to establish a “distributed ledger technology center” to give Singapore a lead position in Asia’s FinTech industry.

Setting up a lab

The MAS will be collaborating with the NY-based company to develop and potentially implement Blockchains into financial institutions with the R3 Asia Lab. Both companies are aiming to disrupt the FinTech industry with efficient, transparent and cost-effective solutions which could improve transaction security and be used on capital markets worldwide.

Read More: https://cointelegraph.com/news/singapores-central-bank-pairs-up-with-r3-to-create-blockchain-rd-center

Seattle 17 @ 20 New England

It may seem ironic, but privacy dominated the public digital currency discussion in October.

Spurred by a growing awareness that bitcoin is not as anonymous as it has been advertised by banks and regulators, innovators and speculators are now seeking to capitalize on what they see as an opportunity to create new products for developers and new value for investors.

Propelling this debate to the forefront was the debut of a long-in-the-making blockchain project called Zcash, which generated significant visibility (not to mention market activity) by leveraging claimed advances in bleeding-edge cryptography.

Read More: http://www.coindesk.com/blockchain-investing-monero-zcash-october-bitcoin-markets/

In a reaction to the U.S. government’s renewed commitment to tax Bitcoin transactions, the owner of Bitcoin.com, Roger Ver, says that while he’s not a fan of taxes and the IRS, he thinks it is a strong sign Bitcoin has come to stay, and governments are coming to terms with that.

Mainstream adoption

While the crypto entrepreneur doesn’t agree that taxing is good for the community, he affirms that it is an indication of mainstream adoption.

Read More: https://cointelegraph.com/news/roger-ver-if-irs-is-trying-to-tax-bitcoin-that-seems-like-acceptance

When discussing consensus mechanisms for different cryptocurrencies, one issue that often causes arguments is a lack of understanding (and definition) of the security model that they provide for the historical data in the ledger. While each consensus model aims to prevent various theoretical attacks, it’s important to understand the goals for the model.

Every security model has two main parts: assumptions and guarantees. If the assumptions used as inputs hold true, then so should the guarantees that are output by the model.

Read More: http://www.coindesk.com/bitcoins-security-model-deep-dive/

A page in the book of history has turned, and there is an opening to think about some of our problems from a new perspective,” the gay Bitcoin enthusiast, Peter Thiel, who will serve on Donald J. Trump’s presidential transition team, told the New York Times after the election. “I’ll try to help the president in any way I can.”

Since Donald J. Trump assumed the role of president-elect in last Tuesday’s U.S. election, much scrutiny has been put on his statements and team as the transition begins between President Obama and Mr. Trump.

Read More: https://www.cryptocoinsnews.com/donald-j-trump-bitcoin-peter-thiel/

The global desire for change seems to be growing. It looks like the people just want something different, no matter what. These recent developments  have coincided with the recent rise in Bitcoin price and awareness.

Examples include events such as Brexit, the U.S. elections and even the general elections in Nigeria, after which Bitcoin awareness has become overwhelming in the African nation.

“History has shown us many times that when the economy and the official currency have struggled, people were seeking alternatives,” says Alena Vranova, co-founder and CEO at SatoshiLabs.

Read More: https://cointelegraph.com/news/global-desire-for-change-positions-bitcoin-for-imminent-surge-in-price

The election of Donald Trump as the next president of the United States has evoked few mixed feelings among the population, but will he be good for Bitcoin?

Will Bitcoin emerge as a winner in the United States following the election of Donald Trump as the 45th President of the United States? A significant number of US residents are not happy with the outcome of the recent elections which has created an uncertainty in the market, in turn, reducing the confidence among traders and investors. However, Bitcoin has emerged as a winner in this scenario.

Read More: http://www.newsbtc.com/2016/11/13/bitcoin-trump-presidency/

One of the oldest banks in South Korea, Shinhan Bank, has revealed it will launch a cryptocurrency remittance service using Bitcoin. A joint effort between the bank and Streami Inc. will oversee the cross-border service between Korea and China.

Shinhan Bank and Streami Plan to Launch South Korean Bitcoin Remittance Platform

According to Pulse, Shinhan Bank will be the first major financial institution in the region to utilize the Bitcoin blockchain. Streami Inc. is a blockchain remittance middleware and infra provider that aims to ensure secure and cheaper cross-border remittance. Additionally, Shinhan Bank helped lead Streami’s investment round last year and the two organizations formed a partnership.

Read More: http://bitcoin.xyz/south-korean-bank-creates-cross-border-bitcoin-service/

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