40 Global Banks Run Blockchain Tests from Multiple Vendors

The R3-led blockchain consortium of the world’s biggest banks has completed their second known proof of concept experiment of blockchain technology with trials spanning five different blockchain solutions. Forty of the world’s biggest banks that are partners in the private blockchain consortium led by New York-based blockchain-tech startup R3 have tested distributed ledger systems from […]

South Africa’s Biggest Online Marketplace Adds Bitcoin Payments

Bidorbuy, an online auction and marketplace in South Africa and among the biggest e-commerce platforms in Africa has included bitcoin as a mode of payment for users – buyers and sellers in the marketplace. Major African e-commerce platform Bidorbuy has enabled bitcoin as a payment option for product purchases, as reported by local bitcoin publication […]

XBT Provider Sees Growing Bitcoin Demand: "Private Blockchain Hype Will Translate to Higher Bitcoin Prices at a Later Stage"

XBT Provider, a Swedish company that has launched the world’s first Bitcoin-backed instrument on a regulated exchange (Nasdaq Nordic) is planning a global expansion following its success in the Scandinavian region. The firm manages two Bitcoin instruments called Bitcoin Tracker One and Bitcoin Tracker Euro. The latter was launched with the approval Sweden’s financial supervisory […]

Korea’s Kookmin Bank Partners With Coinplug to Develop a Blockchain Forex Application

Kookmin Bank, one of South Korea’s largest commercial banks and one of the four largest financial institutions in the country by asset value, has secured a partnership with Bitcoin wallet service and merchant payment solutions provider Coinplug to develop a blockchain-based foreign exchange business model. The bank will collaborate closely with Coinplug, which registered several […]

New OBPP Report Outlines Troubling State of Privacy in Bitcoin Wallets

Although Bitcoin has a reputation as a haven for criminals who wish to transact online in an anonymous manner, it doesn’t appear the currently available wallet options are very helpful for this potential use case of the digital cash system. In their second edition of the Bitcoin Wallet Privacy Rating Report, released Sunday, the Open […]

Coinbase Initiates Bitcoin Purchase through US Debit Cards

In an announcement today, Bitcoin exchange Coinbase has announced the beta launch of a new feature that will lead to enabling US customers to purchase bitcoin instantly via debit cards. Coinbase has announced the beta launch of a new feature that will facilitate the purchase of bitcoin(s) instantly with US-based debit cards. The feature is […]