Tagged: bitcoin

January 15, 2016 @ 1:38 pm By JD Alois  |  

“Despite knowing that Bitcoin could fail all along, the now inescapable conclusion that it has failed still saddens me greatly. The fundamentals are broken and whatever happens to the price in the short term, the long term trend should probably be downwards. I will no… Read More

January 14, 2016 @ 11:50 am By JD Alois  |  

CoinDesk, a bitcoin / cryptocurrency media platform has been acquired by Digital Currency Group.  According to a statement by CoinDesk, the editorial and business teams will merge with DCG’s recently launched events platform while forming a New York based subsidiary focuses on the curation of… Read More

January 11, 2016 @ 10:30 am By JD Alois  |  

John Biggs, East Coast Editor of TechCrunch, says he is leaving the “best job I ever hard” to launch a Fintech startup. While Biggs is still listed as an Editor at TechCrunch and the stories continue to roll in, but the migration to entrepreneur is clearly under… Read More

January 8, 2016 @ 9:04 am By JD Alois  |  

The Securities and Exchange Commission charged two Bitcoin mining companies for a Ponzi Scheme last month as part of an ongoing investigation into the activities of Homero Joshua Garza. Yesterday the SEC filed for an entry of default as  Garza apparently has not responded to… Read More

December 17, 2015 @ 10:35 am By JD Alois  |  

Overstock, a publicly traded company managed by maverick CEO Patrick Byrne, has received SEC approval to regarding a plan to issues shares using Bitcoin Blockchain.  According to a filing with the SEC, the use of the “technology and distributed ledger technology by the Pro Securities… Read More

December 16, 2015 @ 10:28 am By Samantha Hurst  |  

Reportlinker, a market research solution company, announced on Wednesday its new research on cryptocurrency, Bitcoin. The company shared: “Bitcoin is the first successful digital currency. Its success lies in its ability to create consensus for a transaction database, a blockchain, between a large number of… Read More

December 13, 2015 @ 5:56 pm By Therese Torris  |  

Is there more to the current blockchain hype than there was to the Bitcoin hype of the past? 7 myths debunked. 7 reasons to be skeptical. Two years ago, Bitcoin was at the peak of its hype cycle. The digital currency’s value skyrocketed. Increasing tenfold in… Read More

December 6, 2015 @ 11:48 am By JD Alois  |  

The SEC filed charges against two Bitcoin mining operations last week accusing the founder of launching a Ponzi scheme to defraud investors lured in by get rich quick claims. Homero Joshua Garza operated two Bitcoin companies, GAW Miners and ZenMiner.  The Connecticut-based scam paid early… Read More

November 29, 2015 @ 9:30 am By JD Alois  |  

New Zealand based Brave New Coin and Australia based Smartbit have formed a partnership to create a new cryptocurrency index. The duo have launched the BNC Bitcoin Liquid Index (BNC-BLX) in an attempt to create the “first provable index” for financial markets. According to information provided… Read More

November 18, 2015 @ 4:00 am By JD Alois  |  

Taking a page out of the august Economist, Bitbond has launched BitcoinPPI; an index that measures bitcoin purchasing power measured in Big Macs.  Yes, that eternal benchmark of consumable wealth is put to use once again. The hamburger. The Big Mac index was launched by the… Read More

November 16, 2015 @ 10:49 am By Erin Hobey  |  

Founded in May 2014, the Philippine-based fintech startup  Satoshi Citadel Industries (SCI) initiated Boom Cash, an SMS-based wallet that allows a person to send and receive money digitally without an Internet connectivity. SCI co-founder and CEO John Bailon told Deal Street Asia that Boom Cash is the product of an internal hackathon,… Read More

November 16, 2015 @ 10:28 am By Erin Hobey  |  

  Quadriga Fintech Solutions Corp. claims that it launched Canada’s first R&D lab for blockchain technology. The lab’s first project will be the development of a platform with two core functions: handling the onboarding and client data management for financial crime systems using the blockchain and… Read More

October 22, 2015 @ 12:38 pm By Erin Hobey  |  

In a Deloitte report entitled “Bitcoin at the crossroads,”  Managing Director Jon Watts opines that Bitcoin need not yet be regulated, offering three reasons why global policy makers and regulators may want to consider giving Bitcoin more time to develop. Regulation could in fact slow innovation, an innovation with a… Read More

October 12, 2015 @ 2:00 am By Barry James  |  

Crowdfunding and the democratisation of finance where key themes as over 300 experts from banks, startups, technology and finance came together for France’s first conference on FinTech. Perhaps surprisingly, a major centre for MedTech and computer science,  Bordeaux had gone out of it’s way to… Read More

September 24, 2015 @ 3:50 pm By JD Alois  |  

The U.S. Commodity Futures Trading Commission (CFTC) has settled charges against TeraExchange for “failing to enforce its prohibition on wash trading and prearranged trading on a Swap Executive Facility (SEF) platform”.  According to the CFTC, Tera, a provisionally registered SEF, failed to enforce a prohibition… Read More

September 17, 2015 @ 4:21 pm By JD Alois  |  

The US Commodity Futures Trading Commission has told SanFrancisco based Derivabit (aka Coinflip) to cease operating as a trading platform for processing swaps in Bitcoin.  This is the first action against an unregistered Bitcoin options trading platform and draws a line for other possible derivative cryptocurrency platforms. Coinflip and… Read More

September 15, 2015 @ 11:00 pm By Barry James  |  

Crowdfunding and ‘Alt-Finance’ are of course one of the cornerstones of FinTech as key parts of the ‘Finance’ leg. Although FinTech is broader-based encompassing cryptocurrencies such as BitCoin and related technologies (especially Blockchain) as well as new and faster ways of transacting and transferring ‘legacy’… Read More

September 12, 2015 @ 12:16 pm By JD Alois  |  

The UK’s Innovate Finance has partnered-up with Hartree Centre to create the FinTech Blockchain lab.  Hartree Centre is a “high performance” computing and data analytics research facility which was founded by the UK government.  Innovate Finance is a not for profit group that was created… Read More

September 10, 2015 @ 12:02 pm By Erin Hobey  |  

“We believe in the power of blockchain technology to transform how financial assets are transferred, but it has to be done with the right partners to insure it gets off the ground,”  Adam Ludwin, CEO of Chain said in an interview with the WSJ. It feels like everything… Read More

August 31, 2015 @ 4:44 pm By Samantha Hurst  |  

Ready to share details about the newly launched bitcoin-powered crowdfunding platform, Gok!llo, the site’s Business Development Manager Ram Budime sat down with Coin Telegraph to discuss how it stands out from the competition. According to the media outlet, Gok!llo is a crowdfunding platform that uses bitcoin as… Read More