Understanding the Lightning Network, Part 2: Creating the Network

The Lightning Network is the probably most highly anticipated technological innovation to be deployed on top of Bitcoin. The payment layer, first proposed by Joseph Poon and Tadge Dryja about a year ago, promises to support a virtually unlimited number of off-chain transactions among users, at nearly no cost – while leveraging the security offered […]

Wall Street Blockchain Alliance Launches Educational Platform for Financial Markets

New York-based blockchain advocacy group the Wall Street Blockchain Alliance (WSBA) recently announced the unveiling of the WSBA Certification Framework (WCF)  in partnership with Positrust LLC, a blockchain technology company.  Speaking to Bitcoin Magazine, WSBA Chairman Ron Quaranta said that the WCF will serve as a platform to educate and increase the availability of distributed ledger technology […]

Capgemini and Ascribe Build Blockchain Project for Banking Loyalty Rewards

Capgemini has partnered with Ascribe to create a blockchain database solution built on BigchainDB. The consulting, technology and outsourcing services provider operates in more than 40 countries and employes around 180,000 people worldwide In a bid to continually improve its consulting services, it seems as though Capgemini has caught the blockchain bug. In November, the company published a report advising clients […]

MtGox Victims Targeted by Bitcoin Theiving Scammers

MtGox victims are not having an easy time reclaiming their money back after the 2014 collapse. According to cybersecurity firm Cyren, customers are receiving spam messages claiming to help them recover their money. Kraken, the altcoin exchange is distributing $91 million in Bitcoins to people left out of pocket from the MtGox crumbling; however, the company […]

Winklevoss Twins: Bitcoin is Better at Being Gold Than Gold

In a televised interview, the Winklevoss Twins state that bitcoin is more stable than gold as a store of value, opining that investors are starting to look at storing their wealth in the cryptocurrency. The Winklevoss Twins are understandably going through a press-tour, plugging their Gemini exchange which began operations in Canada yesterday. Speaking to […]

Bitcoin Price $600 Pullback

Bitcoin price has made little progress during the past week and the market is falling away from $600 (Bitstamp). The depth of the downward correction is uncertain and we look for potential support levels. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and […]

Bitcoin Price Advance Pauses

Bitcoin price corrected downward earlier today as an apparent attempt at advance was slammed down by strong selling across the exchanges. Profit taking or is it reversal? 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 […]