Founder of Bitcoin cryptocurrency exchange BitFunder arrested and charged

The founder of a Bitcoin exchange was arrested yesterday during a probe into a huge cryptocurrency heist. Jon Montroll, founder of BitFunder, is accused of lying to American regulators in a bid to avoid taking responsibility a theft in which hackers escaped with a stash of Bitcoin that is now worth almost … read more …

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Forget Bitcoin. It’s All About The Blockchain.

Blockchain is a public distributed ledger. Throughout most of history, we've been living in a centralized world. We have governments, financial institutions, big tech companies, and credit bureaus as 'trusted' third parties enabling us to transact and interact. These intermediaries control and have access to … read more …

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Blockchain nears peak hype: UK politicos to probe crypto-coin

Hot on the heels of Bitcoin's dramatic rise and fall – and rise, British parliamentarians have decided to launch an inquiry into digital currencies. The Treasury Committee, one of the more influential of the House of Commons' talking shops, today confirmed it will investigate the impact of cryptocurrencies … read more …

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This blockchain-based startup will cut out the middlemen in travel booking

Concierge is now building a decentralised travel booking marketplace on the NEO blockchain for an industry that it believes is stuck using these outdated processes. The startup goes on to claim that its transaction costs for customers are around 30% lower than the typical fees seen in the industry today … read more …

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Platts deploys blockchain to track oil storage data in UAE

S&P Global Platts has deployed a blockchain network for reporting oil storage data in the UAE, in one of the first real-world commercial applications of the technology to go live in the energy industry. The system, developed between Platts and the Fujairah Oil Industry Zone (FOIZ), allows traders to … read more …

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Draghi sul Bitcoin: “Attenzione, ma non spetta alla Bce bloccarlo”

Il governatore Draghi

l governatore risponde via Twitter: “Il peggio della crisi è alle spalle”. Rossi (Bankitalia) sulle criptovalute: “Sono Ufo speculativi”

MILANO – “Un euro oggi, è un euro domani. Il suo valore è stabile. Il valore del Bitcoin oscilla enormemente”. Per questo motivo la Bce non considera la criptovaluta una moneta. Ma anche per una seconda ragione: “L’euro è supportato dalla Banca centrale europea, il dollaro dalla Federal Reserve, le monete sono sostenute dalle banche centrali. Nessuno sostiene il Bitcoin”. L’intervento è di Mario Draghi, il governatore dell’Eurotower, che entra nel dibattito sulle criptovalute attraverso Twitter, nell’iniziativa #AskDraghi con la quale la Banca centrale europea ha risposto alle domande degli utenti read more …

L’Islanda rischia di rimanere al buio per colpa dei Bitcoin: la criptovaluta consumerà più di tutti i cittadini

L’allarme dell’azienda energetica dell’isola: se tutti i progetti di costruzione dei nuovi computer per il mining andassero in porto la domanda di corrente per questo settore potrebbe presto superare quella utlizzata oggi da tutti i cittadini.

Un´economia piccola ma florida e creativa, quella della bellissima Islanda, rischia di restare al buio per colpa dei Bitcoin. O piú precisamente a causa dell´alto consumo d´energia dei supercomputer di ditte installatesi nell´isola per coniare virtualmente la valuta virtuale. Il grido d´allarme non viene da ong ecologiste o politici radicali, ma dalla HS Orka, grande azienda islandese del comparto energetico. La quale ha già allertato le famiglie, i singles, tutti i circa 340mila cittadini islandesi read more …

 

Next Level for Cryptocurrencies: When Will Amazon Accept Bitcoin Payments?

Experts agree that the future of cryptocurrencies will critically depend on whether they are accepted as a regular payment from leading online retailers. The signs for that are not bad.

For all the euphoria that cryptocurrencies have triggered in recent months, Bitcoin, Ethereum, Ripple and Co. have not yet arrived in the so-called real economy. Aside from some (sometimes shady) online retailers and some less permanent shops, cryptocurrencies are not accepted as a means of payment read more …

Why do Bitcoins have value?