• Bitcoin has jumped in price again. Following a near two-week excursion down south, bitcoin has hit a detour and is now hovering at $581 as of press time. That’s a near $10 rise since our previous price piece. However, the price is still down overall. Although many factors may be contributing to bitcoin’s slight slump, many seem to believe that ransomware poses a particularly nasty threat to the currency’s future. Also read: Bears and Bulls Continue

    Ransomware May Threaten the Future of Bitcoin

    | 2016/08/22 12:00 pm
  • India has expanded their draconian internet copyright and media enforcement policies from DNS filtering banned IPs, to enforcing those bans with up to 3 years jail time and up to a $4500 USD fine for attempting to visit a blocked site. Said enforcement is facilitated with assistance from Indian ISPs Read Also: Secure Boot Hack is a Good Thing: Here’s Why India Lets John Doe Go Too Far Many sites are blocked in India at

    India Plans to Enforce Internet Censorship With 3 Years Jail Time

    | 2016/08/21 10:25 pm
  • The decentralized digital content distributor, DECENT, is getting ready to launch its ICO in September. People can already participate in the ICO, though, through the project’s bounty system. Also read: Bet on MMA with Bitcoin: UFC Fight Night 21 DECENT ICO and the Bounty System According to Matej Budo, the ICO will begin September 10th, but for now, people can engage in bounties to participate in the pre-ICO campaign that allows people to earn DECENT

    DECENT Bounty System Allows Users to Earn Coin before ICO Launch

    | 2016/08/06 5:00 am
  • Svante Lehtinen sat down with Bitcoinist to talk about the proposed HEAT ledger. Billed as a ‘blockchain 3.0 technology,’ The project claims to improve upon current blockchain technologies by dramatically improving transaction speeds through a synthesis of proof-of-stake and proof-of-work. Lehtinen is the project leader of HEAT and an experienced entrepreneur of 20 years. He is also the founder of the 2.0 cryptocurrency, FIMK, and the COB of the nonprofit Krypto Fin ry association. Also

    Blockchain 3.0 Technology: Project Leader on the New HEAT Ledger

    | 2016/08/04 12:38 pm
  • VANCOUVER, B.C., July 21, 2016 – NetCents Technology Inc. (“NetCents” or the “Company”) (CSE: NC) is pleased to announce the launch of its newly updated Enterprise Solutions Payment Gateway. Disclaimer: This is a press release. Bitcoinist is not responsible for this firm’s products and/or services. NetCents has commenced its beta testing on its Payment Gateway platform, a streamlined, ecommerce application that processes and authorizes secure credit card transactions, in both digital and traditional fiat currency,

    NetCents Payment Gateway API Commences Beta Testing

    | 2016/07/21 2:13 pm
  • On July 10, 2016, Chinese smartphone manufacturer, Xiaomi, announced that their cheap line of phones, known as Redmi, had sold over 110 million units in just 3 years. This news could have implications for bitcoin, as cheaper smartphones could directly result in higher trading volume in the country. Also read: Bullish Trading Ahead? Bitcoin Price Sees New Technical Patterns The Redmi and Redmi Note, less than half the price of other Xiaomi phones like the

    Record Sales for Xiaomi Smartphones Could Benefit Bitcoin Users

    | 2016/07/13 2:12 am
  • According to a new report from market research firm Counterpoint Research, Apple has dropped into fifth place in China’s smartphone market. Also read: New EU Cybersecurity Laws to Cover Online Banking, Markets Is the iPhone Trailing Behind its Competitors Because of Bitcoin? This news is a huge blow to the tech giant, as China represents Apple’s biggest customer base outside of the United States. Additionally, this news follows an earlier market report from the second

    Is Apple’s Attitude Towards Bitcoin Hurting Chinese iPhone Sales?

    | 2016/07/08 11:59 am
  • Is Canada going cashless? Are PayPal and Coinbase an item? Is IBM testing the blockchain? Take a look below to catch up on all the Bitcoin and digital currency news. Also read: Industry Report: How Badly Was the DAO Attacked? Is the Finance Sector Getting Cozy With Bitcoin? COINBASE In what’s being called a “stellar move,” Bitcoin exchange Coinbase is adding PayPal and credit card support for its users. Coinbase recently reported on its blog:

    Industry Report: Bitcoin ‘Hooking Up’ With Traditional Finance

    | 2016/06/25 1:52 pm
  • The DashnDrink is back! Disclaimer: This article was provided by the Vanbex Group. Bitcoinist is not affiliated with the firms represented by the Vanbex Group and is not responsible for their products and/or services.  DashnDrink Returns Better Than Ever The innovative point of sale soda machine project put together by Jeremy Maus and Dustin Eward, two Dash investors, two pioneering chaps, will be making another long-awaited appearance at this year’s d10e Conference in San Francisco

    ‘DashnDrink’: Dash-Powered Vending Machine Returning for d10e

    | 2016/06/17 3:56 pm
  • The recent news of how Snapchat is valued at US$18bn has sent shockwaves through the financial world. For a company that is not monetized in a traditional way, there seems to be a lot of interest from investors. So much even that the company continues to raise cash, albeit their business model may not be very clear to most people. Also read: Swift Investigation Highlights Twelve More Potential Breaches Most people know Snapchat as a

    Snapchat Valuation Soars Due To Fintech Features

    | 2016/05/28 5:55 am
  • Success in the world of Bitcoin and cryptocurrency inadvertently leads to unwanted attention. In the case of Tech Bureau Corp, the company behind Zaif and Mijin blockchain technology, they became the victim of Akitsu, Co, Ltd. using some of their product names for commercial purposes. Also read: Bitcoin.com Launches Official Casino, Free Bitcoin Bonus Akitsu Crowdfunds By “Borrowing” Tech Bureau Corp. Resources Both Tech Bureau, Corp and Dragonfly Pte, Ltd saw some names of their

    Japanese Company Raising Funds Abuses Tech Bureau Corp. Credentials

    | 2016/05/14 3:28 am
  • On 21 and 22 June over 1,500 people from the world of fintech will come to Nave Boetticher, Madrid to take part in MoneyConf. This invite­ only event is being brought to Madrid by the organisers of the world’s largest startup event Web Summit. Disclaimer: This is a press release. Bitcoinist is not responsible for this firm’s products and/or services. Web Summit’s MoneyConf Coming to Madrid MoneyConf is the most important global meeting place for

    Web Summit to Host Two-Day FinTech Event in Madrid

    | 2016/05/13 10:08 am
  • Editor’s Note: The following article is the opinion of the writer. It has started debate along with both positive and negative reactions. All voices should be heard and acknowledged. Andreas Antonopoulos and others are perpetuating a misconception about the nature of power by advancing the notion that the most monied institutions on the planet won’t crack the code for their own blockchain-based systems. Antonopolous claims that, if a blockchain is not an “open” — or

    Andreas Antonopoulos’ Folly On Private Blockchains

    | 2016/05/11 11:48 am
  • Europe is taking blockchain technology and fintech solutions very seriously. All across the land, government officials, new startups, financial executives, and educators are promoting these emerging markets with much excitement. With investments being made within various European countries, and strategic discussions with parliament, it seems the Europe wants a leading edge in this growing environment. Also read: Peter Todd Exposes MIT ChainAnchor Project That Enables Tracking Bitcoin User’s Identity Dutch Bank Partners With Nexuslab Blockchain Ventures A recent partnership

    Europe Blockchain Fever: Public, Private Sectors Jumping on Board

    | 2016/04/29 5:00 am
  • On April 26th, Taiwan held its first public hearing concerning blockchain technology and its relationship with money transmission, current regulations, and academic research. The meeting saw Government officials, blockchain promoters, and scholars gathering at the Taiwanese Legislative Council to discuss distributed ledgers and the economic implications they will bring. Also read: Vitalik Buterin: Blockchain and the Future of Courts Taiwan Bankers Should Research Blockchain Technology ‘As Soon As Possible.’ During the meeting National Taiwan University Professor,

    Taiwan Holds First Public Blockchain Hearing

    | 2016/04/27 9:00 pm
  • Apr. 22, 2016 — With headlines each week spotlighting millions of dollars in fintech funding for the development and trialing of cutting-edge technology like the distributed ledger, digital currencies or their deploying platforms, it’s easy to lose sight of the core, perhaps altruistic, driving force of creating technology: advancement. This article was provided by the Vanbex group. Written by Brandon Kostinuk Fintech in the Developing World “Globally, we’re seeing the emergence of payment systems via mobile

    Vanbex Report: The World’s Unbanked and Fintech Innovation

    | 2016/04/22 3:08 pm
  • Chip-Chap, the Bitcoin app that is usable at more than 10,000 ATMs in Spain and Europe, expands its network to the Hellene country of Greece with more than 500 EasyPay ATMs, which from now on will allow the purchase of bitcoin via the Chip-Chap android app. Also read: First Blockchain Hackathon In Greece Disclaimer: This is a press release. Bitcoinist is not responsible for the products and/or services of these firms. Buy Bitcoins In Greece

    Chip-Chap Allows You to Buy Bitcoin At More Than 500 ATMs In Greece

    | 2016/04/14 9:28 am
  • On Wednesday afternoon at the Money20/20 Conference in Copenhagen, a panel of experts from the Bitcoin industry shared their thoughts on the current state and potential of Blockchain technology.  The discussion was delivered to an overcrowded room, as interest in Blockchain was widespread at the conference.  The talk was wide-ranging, with topics consistent of the Blockchain’s potential to Ethereum to long term applications of the blockchain. Also read: WageCan Launches Euro-Based Bitcoin Debit Card Discussing

    Money20/20: Blockchain Technicalities and Potential

    | 2016/04/08 12:00 pm
  • On Wednesday afternoon, a leading panel of leading Bitcoin experts and figures from around the industry met on a panel focused around the scaling of Bitcoin technology. This block size talk was decidedly less crowded than the previous talks around the blockchain, yet attracted a more technically focused discussion and engaged crowd of enthusiastic Bitcoiners, many of who lingered around the room afterwards, than any other panels at the conference. As Moderator Jon Matonis of the

    Money 20/20: Bitcoin industry Leaders Discuss Block Size Debate

    | 2016/04/08 9:00 am
  • At the Money20/20 Conference in Copenhagen on Thursday morning, Patrick Byrne of Overstock and t0 discussed challenges to traditional settlement infrastructure and the opportunities provided through using blockchain technology to process bonds settlements. Mr. Byrne started off by telling a story of the United States capital market in the early 1960’s, whose employees had difficulty managing the quadrupling of paper work by delivery persons on bicycles. As a result, the DTCC was created to create a

    Money20/20: Patrick Byrne Discusses t0 and Blockchain Securities

    | 2016/04/08 6:00 am
  • On Tuesday afternoon at the Money 20/20 conference in Copenhagen, a panel of industry leaders discussed the ongoing trends towards the tokenization of financial data and their respective involvements in these endeavors. Tokenization is growing in popularity among payment processors and their clients alike, and there are a number of overlapping ideas with how the Blockchain obfuscates sensitive information while still making information accessible for applicable parties or use cases. MasterCard in particular wants to

    Money20/20: MasterCard to Launch Tokenization Initiatives

    | 2016/04/06 9:00 am
  • At the Money20/20 conference in Copenhagen, Western Union announced the launch of the WU EDGE platform, designed to provide increased transaction channels and analytics opportunities for Western Union small and middle-sized business clients. The Enterprise Digital Global Exchange (EDGE) is the new Western Union business-to-business digital platform which will make buying and selling overseas much more seamless and cheap. Also read: How to Implement the Blockchain in Financial Institutions Western Union Borrows From the Blockchain Given Western

    Western Union Launches B2B Platform for Global Payments

    | 2016/04/06 6:00 am
  • In today’s world of advancing technology and innovation, the creation of bitcoin sparked in interest in the use of digital currencies in global financial institutions, and set the foundation for the development of blockchain. The use of this digital ledger to revolutionise tradition banking structures by providing a record of transaction between parties is expected to reduce banking risks and speed up the efficiency of transaction processes. Now is the time for banks to think about the benefits

    How to Implement the Blockchain in Financial Institutions

    | 2016/04/05 6:00 pm