Cloud mining provider, Genesis Mining, is expanding its mining operations with the launch of Ether Cloud Mining contracts. For the first time, customers of Genesis Mining will be able to mine for Ether, the fuel that powers the Ethereum network. “Our customers asked and we listened. Due to our large-scale GPU mining activities we are […]
Patrick M. Byrne, the Chairman and CEO of Overstock.com (NASDAQ: OSTK), confirmed in a phone interview with Bitcoin Magazine that the SEC had declared the company’s Form S-3 statement effective, bypassing a large hurdle for the crypto-friendly firm. “Effective means approved in this sense,” Byrne said. “You file it [Form S-3] with the SEC, you […]
The wider adoption of blockchain technology by financial incumbents is likely to take place over four stages according to a new report by McKinsey.
A new blockchain-based football prediction market, courtesy of Satoshi Fantasy, is likely to help fantasy football players gain information and insight in more accurate ways than ever before. With the new Trading.Football platform, developer Satoshi Fantasy has seemingly tapped into unique market intelligence directly influenced by the trading community that routinely makes projections on the […]
Japan’s financial regulators are reportedly moving closer to creating a system for registering and overseeing domestic virtual currency exchanges.
Japan’s SBI Sumishin Net Bank has announced it will develop a proof-of-concept to explore blockchain banking.
In this morning’s bitcoin pricewatch article, we noted that – as a result of the recent selloff – we would be wary heading into today’s action. The bitcoin price collapsed last night, likely not as the result of any underlying fundamental pressure but simply on the back of individual speculators taking profits at weekly highs. […]
While the world looks to label Bitcoin for all of the things it isn’t–as a major financial mechanism of terrorism, or a smart way to perform money laundering–let’s take a look at one of the paths it does take. The charitable donation, for example. The charity industry has had their own public relations issues over […]
Bitcoin has been the world’s top-performing currency again in 2015, surpassing the growth rate of major world reserve currencies such as the pound sterling, US dollar and the Japanese yen. Since 2010, Bitcoin has shown an incredible rate of adoption as a currency, recording a staggering 1,698% average increase in price. Below is the annual […]
A group of Bitcoin developers along with the makers of btcsuite have, in an announcement today, revealed that they are building Decred, an alternative digital currency. The project, according to the press release, is seen as one to address “the issues of project governance and development funding” that is seen as prevalent in Bitcoin today. […]