Following the strategic investment of Westpac Banking Corporation’s venture capital firm Reinventure earlier this year, Coinbase co-founder Fred Ehrsam announced that the company has set its plans to a potential expansion to Australia, and is currently trying to educate the local regulators on the benefits of bitcoin. Coinbase’s Series C funding round, participated in by […]
Earlier this week, Greece became the first developed nation ever to default on the International Monetary Fund (IMF). Negotiations with the European Union (EU) and the IMF are stalling, and Greek voters on Sunday rejected new bailout terms. On Monday, Greece closed its banks and imposed capital controls to prevent financial chaos after the breakdown […]
The bitcoin block chain could potentially upend the existing post-trade infrastructure and make financial companies redundant, according to an analyst at BNP Paribas Security Services, an international bank. Johann Palychata, a research analyst at the company, makes this observation in the current issue of bank’s publication, Quintessence. This article marks the first time a major […]
I wonder what kind of descriptive headline newsbtc will use when bitcoin ACTUALLY rockets. ?? is there a term to describe something going up faster then a rocket? lazer? Point is.. I will completely ignore ‘newsbtc’ headlines now.. a 10% move in bitcoin is not a ‘price rockets’
Customers affected by Mt Gox’s insolvency have been given more time to file their online bankruptcy claims.
CoinDesk reviews Reveal, a new mobile social network with a built-in cryptocurrency that seeks to create an economy for attention.
The BIP66 update was meant to align miners on stricter cryptographic signatures through a form of block chain Democracy. As part of the BIP rules, once 950 of the past 1,000 blocks upgraded to the newer version all miners would older version blocks. This morning the network met that goal and a small, non-upgraded miner […]
The current Bitcoin price correction, since the 30 June high around $265 and 1665 CNY, has been tracing a path similar to the previous 17-25 June correction. Should the market take this pattern to its logical conclusion, we can expect another advancing wave and for trade to take price to a new high. However, alternate […]
Travis Patron argues that bitcoin is an intrinsically valuable form of money because it is regulated through time-bound algorithms.
Many were not surprised when NSA-contracted analyst Edward Snowden blew the whistle on the government organization, revealing massive, likely illegal domestic spying programs. The post Metadata Doesn’t Always Mean Metadata: New Snowden Revelations Reveal Government Spying Went Much Deeper appeared first on CCN: Financial Bitcoin News.