Bitcoin Foundation will hold a DevCore Workshop on October 16, 2015 from 9:00 am to 4:30 pm in Draper University, Menlo Park, California. The goal of the workshop is to build knowledge, widen understanding, and deepen technical expertise to support the future development of Bitcoin Core. Speakers include Jeff Garzik, Gavin Andresen, and Charlie Lee, among many others to be announced soon. The group is also adhering to an anti-harrasment policy that does not tolerate offensive verbal comments or harrasment of any form that could prompt organizers to sanction or expel participants from the event. Bitcoin Foundation Workshop One of the speakers in the event, Gavin Andresen, has co-created Bitcoin XT in hopes of providing the network with an alternative version of…
A California politician has become embroiled in a growing controversy surrounding an investment company, an alternative digital currency and investors who say they’ve been duped. According to reports by The Pasadena Star-News, state and federal regulators are investigating US Fine Investment Arts Inc (USFIA), a company backing a digital currency called Gemcoin. The Los Angeles Times reports that the US Federal Bureau of Investigation (FBI) is also speaking with investors who have accused the company of running a scam. An official with the California Department of Business Oversight confirmed that an investigation was underway, the Star-News reported, but declined to comment further. As a result of the growing controversy, Arcadia City Councilman John Wuo – who…
Greg Medcraft, Chairman, Australian Securities and Investments Commission (ASIC) in a speech at Carnegie Mellon University underlined the importance of blockchain and how they can transform the capital market. In the speech, he cited four main points that he said, proved that blockchain has the capacity to help transform the capital market. Continuing in the same vein, the Chairman said that blockchain stands for efficiency and speed and has in it the potential to automate the financial system which will cut down the time duration that is needed for transactions. Secondly, he mentioned that blockchain by its very nature evokes trust as it eliminates the need for any intermediaries. This mistrust, he said, was a regular feature in the traditional market and due to…
Bitcoin price was massaged lower in the week leading up to the Fed rates hike announcement, and then eagerly traded up on the day. The chart technicals implied a bull trap and the sound of a can being kicked was its closing bell. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h23 UTC OKCoin 3Month Futures 15-Minute Chart From the analysis pages of xbt.social, earlier today: The Fed has declined their new unregulated shadow bank clients the lucrative opportunity of a rates hike. Its not a matter of if but when – and it was not yesterday. The bitcoin market got its knickers in a knot by trading price…
Bitcoin in the Headlines is a weekly analysis of bitcoin media coverage and its impact. The bitcoin and blockchain industry have a new major newsmaker: distributed ledger startup R3CEV. Leaving behind a week filled with impressive funding rounds, the coverage over the last few days has been largely dominated by the company’s partnership with nine well-known banks including JP Morgan and Goldman Sachs. Journalists from across the world jumped at the chance to cover the news – perhaps still a sign that mainstream media will deem industry events newsworthy if traditional finance is involved. In stark contrast, more negative news events received less attention, and were far more focused on the other half the blockchain – bitcoin, the digital token for which the…
When you decide to trade in Bitcoin, you must know that there are currently many options available for individuals looking for Bitcoin exchanges. However, there are always a chance of you stumbling upon an exchange that is nothing but scam. We have seen multiple events in past that conjointly point to the same “scandalous” conclusion — people losing money. Therefore, it becomes necessary to research a bit before zeroing-in on a Bitcoin exchange. As a Bitcoin news website, our search for such a reliable exchange has now brought us on the doors of Cryptonit. Looking at their website, one can see how the exchange caters for traders wishing to trade between multiple fiat and cryptocurrencies. These assets include: Bitcoin, Litecoin, Peercoin, Namecoin, Dogecoin, as…