Bitcoin Price Keeps The Market In Suspenders

Bitcoin price looks like it may make a drop to new lows, but then again, gold is pushing higher; actually the US dollar is strengthening – oh, wait the yuan is being devalued… The pushes and pulls on prices are extreme. Like Cargo Cult members expecting the best or the worst, bitcoin traders are left […]

Bitcoin Exchange itBit Adds NSA Codebreaker and Technology Veteran to its Board of Directors

itBit, a bitcoin exchange that leverages block chain technology with traditional capital infrastructure, named two financial technology veterans to its board of directors: Jim Manzi and Ed Giorgio. Manzi is former chairman and CEO at Lotus Development Corp., while Giorgio is a National Security Agency (NSA) veteran and co-founder of Ponte Technologies. “Jim and Ed are important […]

UBS Launches Future of Finance Challenge for Fintech Entrepreneurs and Startups

In April, Bitcoin Magazine reported that UBS was planning to investigate blockchain technology in a new innovation lab based in London. The innovation lab located in Level39, Europe’s largest technology accelerator space for finance and cyber-securities, focuses on exploring the role of blockchain technology in financial services. “Our innovation lab at Level39 will provide a unique […]

HashFin Corporation a wholly owned subsidiary of HashingSpace Corporation Launches Bitcoin Mining Pool – HASHPOOL.COM with iOS and Android Apps for Bitcoin Miners

Launched today, HashPool offers both GEO-IP load balanced, Stratum and P2P mining pools and is seeing higher payouts than other leading pools with a more user friendly, intuitive and functional system then seen in rest of the market. HashPool has undergone extensive testing and improves on features from the top 10 current Bitcoin mining pools […]

Coinbase: We Have Applied For a New York BitLicense

Coinbase has submitted an application for a BitLicense in New York State, making it one of the leading bitcoin businesses to seek the necessary regulatory approval. Coinbase advised CCN of its action in the wake of plans by other cryptocurrency businesses – such as LocalBitcoins, BitFinex and Kraken – to bolt New York due to […]

Australian Parliamentary Committee Shares Stance on Bitcoin

According to an Australian parliamentary committee, bitcoin is not a financial product yet. Based on their recommendation, the federal government should hold off on classifying cryptocurrencies as products that are subject to taxation. This parliamentary committee was created in October last year to investigate developments and applications of bitcoin and whether or not it should […]