For some time, we have seen some stability on the Bitcoin price, and a large belief that even the volatility was seemingly decreasing was starting to be accepted by many people. But yesterday, an enormous collapse on the Bitcoin price made this conviction go away. Despite its speculative nature, bitcoin is emerging as a viable […]
Filament, an enterprise technology company formerly known as Pinocc.io, was able to garner $5 million in Series A funding from a number of investors, including the Digital Currency Group. The company creates smart industrial infrastructure by connecting existing machinery, equipment, and assets to a wireless sensor network. The funding was led by Bullpen Capital and […]
It’s been a wild couple of days for the team at Augur. Just 48 hours into their crowdsale, which launched at noon EST on August 17, they have raised in excess of 4200 BTC and 549000 ETH. “Unfortunately, the ether and BTC price keep falling, so the buys can’t keep up with the (USD) price,” said Augur’s marketing director, Tony […]
Awareness for Bitcoin has been steadily increasing in India, as online e-commerce merchants and small businesses have begun to understand the benefits of bitcoin as an international currency and as billion dollar tech giants such as Microsoft, IBM and VISA have begun to sponsor Bitcoin- and blockchain-related conferences, hackathons and meetups throughout the country. India […]
While the BitLicense has caused many companies to leave New York, those that intend to stay are progressing though the regulatory process. This week, one of the world’s largest Bitcoin services and wallet providers Coinbase became the 25th company to file for a BitLicense, which is expected to cost more than $100,000 in legal and […]
The Commonwealth Virtual Currencies Working Group is meeting for the first time next week to discuss the pros and cons of cryptocurrencies.
CoinWallet, a London, U.K.-based bitcoin wallet, says it will conduct a stress test of the bitcoin network in early September that will render most bitcoin wallet software worthless and create a “nearly 30-day backlog,” according to the International Business Times. They plan to accomplish this by flooding bitcoin wallets with small amounts of bitcoin. CoinWallet’s […]
Bitcoin’s price fell 14% in a period of just 30 minutes following a ‘flash crash’ on exchange Bitfinex yesterday night.
A proposed California law to regulate virtual currency has drawn mixed reactions from industry advocates, in stark contrast to the New York BitLicense that met united industry opposition. AB 1236 sponsored by Assemblyman Matt Dababneh requires virtual currency companies to be licensed. The measure passed the Assembly in June and awaits Senate action. The Electronic […]
The Spanish tax authorities have clarified how the country’s existing tax law should be applied to bitcoin losses.