Bitcoin Price Slipping From $600, Downside Risk

Bitcoin price looks to be slipping from $600 and 4,000 CNY in some exchanges exchanges. Failure to hold this critical level opens the possibility of another corrective wave of decline. 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 […]

Ethereum Responds to Recent DDoS Attack

The Ethereum network was recently attacked by an opcode called Excodesize that slowed down the network, causing blocks to take as long as 60 seconds to validate, Ethereum founder Vitalik Buterin noted in a blog on Thursday. Buterin recently noted on Reddit that Go developers are actively working on client code changes to process Wednesday’s attack blocks […]

The Fintech Race Sees the U.S. Playing Catch up to the U.K.

As the U.K.’s Financial Conduct Authority accepts 24 applicants to take part in its FinTech sandbox, a House bill in the U.S. has been introduced aiming to prevent financial businesses from moving to the U.K. At the British Bankers’ Association conference, Christopher Woolard, director of strategy and competition at the FCA, gave a two-year progress […]

Blockchain Entrepreneurs Launch Blockgeeks, Offering Expertise to Companies

Big financial institutions are investing huge sums of money in blockchain technology, recognizing the improvement it can bring to their operations. But what about the many companies that don’t have access to the capital and human resources these big institutions have? Many companies don’t have IT staff with blockchain development skills. To make sure that no one […]

BlockApps Brings Ethereum Blockchain Service Offering To China

Enterprise blockchain-as-a-service provider BlockApps announced in a press release that it has raised Pre-­Series-­A Venture Funding and will expand into China. The move is to enable Chinese companies to create Ethereum blockchain-based solutions in collaboration with Alibaba Cloud Computing and Microsoft Azure China operated by 21Vianet, Tencent, and WanCloud. BlockApps has created a development platform that allows […]

Cryptocurrencies Can Destroy Russian Economy, Says State Official

The deputy general director of Russia’s Federal Financial Monitoring Service has reportedly stated that cryptocurrencies -like bitcoin- threatens the Russian economy and could lead to its destruction. Paul Livadniy, the deputy director at the Federal Financial Monitoring Service of the Russian Federation, aka Rosfinmonitrong, has warned that the cryptocurrency industry represents a threat to the […]

Bitcoin Price Reaching for $600

Bitcoin price has held support and advanced on $600 and 4,000 CNY earlier today. However, the bear is not yet out of the woods. 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: 12h00 UTC Friday Bitstamp 1-Hour […]

Ripple, Big Banks Launch First Interbank Blockchain Group for Global Payments

With the launch of the “Global Payments Steering Group”, blockchain startup Ripple has revealed details of a new interbank group that will create the first “rules-based blockchain payments network” for global money transfers. In an announcement today, blockchain and Fintech startup Ripple has revealed that banks are getting closer toward uniform policies and governance for […]

MIT Study: Bitcoin Not Popular with Students

A study by the Massachusetts Institute of Technology (MIT) has found that, contrary to popular belief, bitcoin is not the payment of choice for students. In 2014, two MIT students, Jeremy Rubin and Dan Elitzer, raised $500,000 and started the MIT Bitcoin Project. For every undergraduate student that signed up to the project they were […]