Bitcoin a Safe Haven as Global Equities and Commodities Tumble

On the first week of trading in 2016, U.S. and European markets have fallen markedly. Britain has undergone its worst trading start to the new year in 16 years. China, with a long history of command-and-control economics, has enjoyed recent literature about its more laissez-faire ways, but in times of crisis, the government institutes regulations […]

Accenture Innovation Lab Includes Blockchain Startup

Services and consulting firm Accenture has added a blockchain startup to the latest class of its financial innovation lab in London. Blockchain technology startup Crowdaura joins other 14 other startups to be included in Accenture’s 2016 FinTech Innovation Lab London. The London Lab is now in its fourth year. The 12-week long mentoring program is […]

Stanford University Offers Course On Building Bitcoin-Enabled Applications

Stanford University is offering a lab course on building bitcoin-enabled applications. The course is scheduled to run from Jan. 4 to March 11 from 4:30 p.m. to 5:20 p.m. Mondays and Thursdays in building 420-041 at the Stanford campus.   The introduction to bitcoin (Jan. 4) presented concepts like digital signatures, the blockchain, transactions and […]

Bitcoin Price Advancing To Recent Top

Bitcoin price has surged higher after a protracted consolidation below 2900 CNY and $440. Technical analysis of the price chart identifies some advance targets. 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 […]

BitFury to Mass Produce New 16nm Chip and Sell to Public

BitFury, the third-largest mining operation by total hashrate, announced in December that it will be mass-producing its custom 16nm ASIC chip and selling the chip directly to consumers. “Each chip will achieve 40-55 GH/s at the highest possible efficiency of 0.055-0.07 J/GH. From 55 GH/s to 180 GH/s the chop follows nearly linear slop of […]

Bitcoin Wallet Developer Andreas Schildbach: I Will Not Invest My Time in Lightning Networks

Andreas Schildbach, one of the developers of the popular Bitcoin Wallet app for Android and maintainer of alternative Bitcoin implementation Bitcoinj , calls for a block-size increase to allow for more Bitcoin transactions. Rather than relying on additional layers built on top of the blockchain, Schildbach believes the network should be designed to scale “on-chain”, […]