Category: Blockchain

The Chicago Board Options Exchange (CBOE) has announced that its planned bitcoin futures product will begin trading on Dec. 10. In a statement published today, the firm said that trading would commence at 5 p.m. CT, with the first full day of trading starting that Monday. Trading on the CBOE Futures Exchange (CFE) under the “XBT”…

Mining is the lifeblood of Bitcoin but like any industry, it consumes power to unlock the precious virtual currency. There are massive mining operations around the world and they are bound to be more popping up in the next few years as Bitcoin and other cryptocurrencies continue their path into mainstream acceptance. As it stands,…

Students from elite business schools are increasingly attracted to job opportunities in blockchain. Stanford will teach its first comprehensive class on blockchain and cryptocurrencies in spring 2018. Blockchain was the second fastest-growing skill in the third quarter out of more than 5,000 skills tracked by the online freelancing site Upwork.   A growing number of…

The more traction Blockchain & Bitcoin get, the more scared all the monopolies act. — TJACK The US Senate Judiciary Committee is currently tackling bill S.1241 that aims to criminalize the intentional concealment of ownership or control of a financial account. The bill also would amend the definition of ‘financial account’ and ‘financial institution’ to…

Bitcoin is now the sixth most circulated currency in the world, behind five super powers, and outranking the Pound, the Ruble, and the Won, according to the Bank for International Settlements. The figure is based on a value of Bitcoin at $10,765 each, meaning that the total value of all Bitcoins in circulation is $180 bln. While the…

A rollercoaster ride of a week for Bitcoin has seen exchanges suffer outages as current and new users clamored to trade the sought-after virtual currency. Popular exchange Coinbase and other exchanges saw a massive surge in the volume of traffic on their exchange – causing delays for users on their platforms. The exchange eventually had to…

Startups in Europe raised more capital through initial coin offerings (ICOs) in the last three years than any other region on the planet, according to a study released Thursday. More than a third of all ICOs – 40% – are based in the European Union (EU), according to the analysis by venture capital firm Atomico. These 446…

If you think Bitcoin is still just a fringe economic event, consider that Coinbase has more users than Charles Schwab has brokerage accounts. Adoption is growing. In a sign of growing mainstream acceptance, digital currency exchange Coinbase now boasts more accounts than brokerage firm Charles Schwab. According to its website, Coinbase has 13 mln users…

1,468 Watts, 16 TH/s, … no info on form factor: I assume built on 16nm. Neglibible improvement from BitMain’s S9 .. i.e. another “toybox” — TJACK BtcDrak, the most active pseudonymous Bitcoin Core contributor to date, is making a move into the mining hardware industry. The developer, who besides having contributed to the Bitcoin Core…

With Thanksgiving in one day and cryptocurrencies being a hot topic, you are going to want to be able to talk the talk when it comes to Bitcoin. If not, you’ll at least want to understand what grandpa Rick is saying at the dinner table when he tells the family he is thankful he HODL’d…

South Korea’s Hyosung, one of the largest ATM manufacturers in Asia, which also has its headquarters in Texas, has officially integrated Bitcoin into its international ATM models.     Importance of Hyosung’s Bitcoin integration Since 2014 Hyosung has collaborated with leading Bitcoin service providers within the South Korean cryptocurrency industry such as the Tim Draper-backed…

Please note: Blockchain is not “anonymous” but “pseudonymous” — TJACK Major stock exchange operator Nasdaq has filed a patent for a Blockchain technology-based asset ownership data storage system. The system uses distributed ledger technology (DLT) to record the owner of an asset and employs digital wallets to enable an owner to access his/her assets. In…

Coinbase CEO Brian Armstrong officially introduced Coinbase Custody, a platform targeted at institutional investors. The new product is intended to be ultra-secure: We are designing Coinbase Custody to meet the needs of institutional clients. In particular, we feel that institutional clients require: Strict financial controls (multiple signers, audit trails, limits, etc) Dedicated account representatives and…

Zoe Dolan is a lawyer focusing on crypto and blockchain projects, fintech and start-up business representation, and constitutional rights and freedoms. She is an experienced federal trial and appellate attorney and the author of various books. In this opinion piece, Dolan proposes a practical way to structure token sales that complies with securities laws and…

EC Releases Report on Possible Blockchain Applications in Education The European Commission has published a report on its study on the possible applications of Blockchain technology in the education sector. Among the things that were analyzed by the commission are the feasibility, challenges, benefits and risks of the use of the technology in schools and…

Earlier this week, $16 bln payments app Square officially integrated Bitcoin into its mobile platform, enabling three mln active users to buy, sell and store Bitcoin seamlessly. Jack Dorsey, the CEO at Twitter and Square, particularly expressed his enthusiasm towards the potential of Bitcoin as a robust store of value, and the Square team’s optimism…

[References to “Blockchain” refer to the only Blockchain (PoW, which also runs Bitcoin) — TJACK]   Researchers are putting new effort into developing bitcoin’s Lightning Network. With the Segwit2x hard fork – which looked to increase the bitcoin block size parameter to 2MB – suspended, ETH Zurich researchers Conrad Burchert and Roger Wattenhofer and Blockstream…

Kik, the first mainstream company to complete an initial coin offering (ICO) on ethereum, is reportedly considering whether it might migrate its token network to a new blockchain. The social messaging platform, which raised $98 million in its token sale earlier this year, first broached the subject late last month on the Kin Foundation’s Telegram tech channel.…

In about 2014, most bitcoin companies quickly pivoted to the “next big thing”: blockchain. Among them were the financial and fintech houses that were eager to avoid SEC scrutiny of their cryptocurrency holdings but were happy to use blockchain technology to speed up transaction times. Many of those early efforts are now apparently bearing fruit.…