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 […]
A secretive bitcoin mining operation in China. $8 million in mining revenue every year and a 360° view of the secretive facility. Chandler Guo is a Chinese bitcoin entrepreneur and owner of Bitbank, a secretive Chinese mining operation far removed from the control of the Chinese government who haven’t taken a clear stance on the […]
New details have emerged in the ongoing class action suit against the now-defunct digital currency exchange Cryptsy.
Fidor Bank CIO Patrick Gruban takes CoinDesk inside a recent tech trial it conducted using the Ethereum blockchain.
Distributed marketplace OpenBazaar pubished its plan to integrate with the Tor browser, IPFS, and to build a mobile app with chatbot integration.
Norway police made their largest drug bust ever last month when they arrested 15 people selling drugs on what they claim is the second version of the notorious Silk Road online marketplace that the U.S. Federal Bureau of Investigation closed in 2013, according to the The Local Europe AB, a Swedish news source. Investigation Launches Kripos, Norway’s […]