In an international first, the Swiss town of Zug in central Switzerland will begin accepting Bitcoin payments for government services on a trial basis, the international service of the Swiss Broadcasting Corporation SwissInfo reports. Zug residents will be able to make payments of up to 200 Swiss francs ($205) using Bitcoin. Mayor Dolfi Mueller said […]
CapGemini took its latest step on its bid to dramatically increase its investment in blockchain tech this week, announcing a retail payments trial.
A leaderless, distributed organization raised $50m worth of ether to invest in sharing economy projects, but how it came to be is largely a mystery.
Big data company Palantir says it has no involvement with a Hong Kong cloud mining service that claims to be owned by it.
Bitcoin price has returned to $450 after retesting this week’s low. Local support is holding and the market has, so far, avoided additional lows. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price […]
Avalara, a Seattle, Wash.-based provider of tax compliance automation for businesses that has already embraced bitcoin in its tax compliance engine, announced plans to explore blockchain technology during its conference in New Orleans Wednesday, according to Accounting Today. Peter Horadan, executive vice president of engineering, compared blockchain to cell phones. He said it can be adapted […]
The private consortium led by R3, partnered by 42 of the world’s biggest banks is reportedly looking to raise up to $200 million from members in return for equity on a new product that will run blockchain-enabled solutions for the financial industry. In a report by Financial News, New York-based private blockchain consortium R3 is […]
The Lightning Network may well be Bitcoin’s primary solution to the issue of scalability, but many skeptics believe there are unresolved issues with this layer-2 system for the blockchain. The possibility of too much centralization via so-called “supernodes” is one of the common criticisms of the Lightning Network, and attached to that is the fear […]
Alan Meckler, the man behind the 1990s’ Internet World and Inside Bitcoins over the past few years, is launching a new conference in collaboration with TMC: Inside Dark Web. The new dark web conference will take place at the Museum of Jewish Heritage in New York City on May 12th, 2016. Internet World, as a […]
A new paper on blockchain technology has been released by the head of interest rate and credit models at Banca IMI, an investment banking and capital markets subsidiary of Intesa Sanpaolo. The paper highlights “real business cases” for the technology, arguing that financial services need to be reformed and not simply improved. There has been some […]