Marinea – Sustainable ‘Village At Sea’ – Plans To Use Bitcoin

Marinea, a company planning to establish a self-sustaining “Village At Sea’ between Miami and Cuba, plans to use bitcoin as its currency and eventually have its own electronic currency. Bitcoin, a decentralized currency with no centralized governing authority, naturally fits the Marinea goals of being an independent, self-sustaining society. Marinea is a utopian concept for a […]

Santander Backs Ethereum with Gold Sponsorship of Devcon2

Santander, one of the biggest global banks with almost 200,000 employees and yearly revenue of more than $12 billion announced today the gold sponsorship of Devcon2, one of the biggest event of the year in the blockchain space to be held in just over three weeks. The sponsorship follows Santander’s participation in the Universal Settlement […]

Chronicled Launches Open Registry for Consumer IoT on Ethereum Blockchain

Blockchain startup Chronicled has launched the first of its kind ‘open registry for Internet of Things’ on the Ethereum blockchain, enabled via NFC and BLE microchips. Heralding the new open registry as a major leap in the growth and interoperability of the consumer Internet of Things, Chronicled announced the open source project under the Apache […]

Monero’s 200% Gain On Darknet Marketplace Adoption

The popular crypto-currency Monero has increased approximately 200% over the past week as darknet marketplaces have adopted the currency. The cryptocurrency, formerly BitMonero, focuses on privacy and scalability as its two main use-cases. The recent gains bring the Monero market cap to more than $20 million.  Monero functions on the proof of work consensus algorithm, […]

Bitcoin Exchange BTCTürk Halts Operations in Turkey

Turkish bitcoin exchange BTCTürk, operational since 2013 has been forced to cease its operations in Turkey after failing to find support from local banks, the last of whom terminated BTCTürk’s banking account. Turkey’s sole bitcoin exchange, BTCTürk, has revealed that it is left with no choice but to stop operations in the country after failure […]

US Govt Backed Research Develops Bitcoin ‘De-Anonymization’ Tool

The U.S. Department of Homeland Security (DHS) Science and Technology (S&T) directorate is backing Sandia research with the creation of an analysis tool designed to overcome bitcoin challenges to assist law enforcement. As bitcoin becomes an increasingly accepted form of payment in our day-to-day lives, law enforcement are realizing that they need to utilize innovative […]

R3 Files Patent for its Banking Blockchain Tech; Codenamed Concord

R3, the blockchain startup leading the banking blockchain consortium consisting of over 60 of the world’s leading banks has reportedly filed a patent for its distributed technology. A report by The Wall Street Journal has revealed that New York-based startup R3 CEV filed for a patent for its software, codenamed “Concord”, on Tuesday this week. […]

Australia Post Plan for Blockchain Voting by 2017

The Australian government-owned Australia Post has unveiled plans that it will conduct tests through digital voting via the blockchain technology in a bid to reduce costs and improve efficiency. The plans have been met with criticism from a prominent privacy consultant. Recently a submission was presented to the Victorian Electoral Matters Committee by the Australia […]

Bitcoin Price At The Final Slump?

Bitcoin price continues slumping as the smaller timeframe chart indicators continue to swing wildly. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis Time of analysis: 13h00 UTC Wednesday Bitstamp 4-Hour Candle Chart From the analysis pages of xbt.social, earlier today: […]