In July Bitcoin Magazine reported that researchers and entrepreneurs at the MIT Media Lab had started the development of a new encryption system, dubbed Enigma, based on the blockchain technology. Enigma will enable untrusted and anonymous participants to securely share sensitive information with a third party. The name “Enigma” is part of the history of […]
Financial Services Club chairman Chris Skinner discusses why 2015 marked a turning point for global bitcoin and blockchain discussion.
Banks are spending billions to battle cyber attacks, according to the Wall Street Journal. Much of the efforts focus on employees who unintentionally expose information to hackers. Many banks are now banning workers from using USB drives, warning them to be careful about what they post on social media, and telling them not to put “out […]
CoinDesk has published a new research report investigating the potential for blockchain technology within the sphere of banking and finance.
Last month, three European Parliament representatives filed a motion seeking to give member-states the power to regulate bitcoin activities.
Blockchains have eclipsed bitcoin in the mainstream media lately, largely due to financial institutions looking for ways to use blockchains. But in addition to these initiatives, some big technology companies are exploring Ripple, Factom and Ethereum protocols, according to Finance Magnates. Microsoft’s Azure cloud service recently acquired Ethereum capabilities, followed by Factom, Ripple and others. […]
Its been a bit of an odd day in the bitcoin price markets. Having initially kicked off the European session with some interim gains, the bitcoin price reversed pretty sharply from intraday highs and collapsed to reach lows just shy of where things currently sit. This has two implications for tonight’s session. The first, that […]
Bitcoin mining firm BTCS, formerly known as Bitcoin Ship has completed a $1.45 million round of financing on December 16, led by Cavalry Fund LP. Originally known as Bitcoin Shop, BTCS was an e-commerce retailer that shifted its business model to bitcoin mining. The company was in need of a cash-boost after a recent SEC […]
Its been a few months now since NeuCoin launched its much anticipated digital currency, and today, the organization has launched its first consumer application – giving users the ability to tip emerging new artists with NeuCoin through the Jango platform. Additionally, NeuCoin has launched a Facebook game – Solitaire Racer – which gives players the […]
Since the beginning of 2015, an increasing number of central banks and government agencies have begun to show interest in bitcoin and digital currencies. Investment Strategist Philipp Vordran believes that countries are considering turning their currencies into crypto-currencies. “Countries are thinking about turning their currencies into crypto-currencies. I don’t know if that’s a smart idea. […]