Post Tagged with: "Bitcoin"

Bitcoin Is Currency Now. Or Not. Or Yes?

Bitcoin Is Currency Now. Or Not. Or Yes?

by September 21, 2016 at 11:30 am 0 comments

Yes, I am using this meme, moving on: yesterday CoinDesk reported that New York Federal Judge Alison Nathan ruled that “bitcoins are funds within the plain meaning of that term.” In other words, bitcoin is currency. Before you celebrate (or cry), other U.S. judges this year have also ruled thatRead More

Since When Did Bitcoin Become the ‘B’ Word?

Since When Did Bitcoin Become the ‘B’ Word?

by September 20, 2016 at 2:06 am 0 comments

The annual Finovate confab in New York is a pretty good way to gauge trends in the world of fintech. The roundup of companies presenting were a mix of the usual suspects — including a lot of backend work that would help banks serve consumers better and protect them fromRead More

Reporting from Finance 2.0 #Crypto16: The Internet of Value, Suing Smart contracts, and Bitcoin use cases

Reporting from Finance 2.0 #Crypto16: The Internet of Value, Suing Smart contracts, and Bitcoin use cases

by September 19, 2016 at 2:00 am 0 comments

    “Now forget Bitcoin altogether…. What is here to stay – what we’re left with – is a platform whereby how we perceive value will increasingly become more crucial to our growth as a species, eventually creating cultural and societal shifts that defy our limited analog imaginations.” Excerpt from the “WhatRead More

Blockchain, Bitcoin In Space. Also, Florida

Blockchain, Bitcoin In Space. Also, Florida

by September 16, 2016 at 11:00 am 1 comment

You might have seen Ripple’s news yesterday, but turns out that is not the only big development in blockchain this week—it’s now exploring the final frontier. Yep, that’s right: blockchain in space. If you don’t know, Ripple raised $55 million in funding yesterday, as well as adding seven new banksRead More

Brave Payments Uses Bitcoin Micropayments to Block Ads

Brave Payments Uses Bitcoin Micropayments to Block Ads

by September 2, 2016 at 9:53 am 1 comment

There’s a war on in digital advertising. Facebook, whose ads are its lifeblood, is fighting ad blockers, while other services continue to find innovative ways to help users skip the marketing. Another such way was announced yesterday: Brave, a web browser designed to eliminate ads co-founded by former Mozilla executive Brendan Eich,Read More

‘Bankcoin’ Is Not Currency, It Is a Digital Vehicle to Move Money

‘Bankcoin’ Is Not Currency, It Is a Digital Vehicle to Move Money

by August 26, 2016 at 11:35 am 4 comments

It was announced this week that four of the world’s banks—Santander, UBS, BNY Mellon, and Deustche Bank—are collaborating, along with brokerage firm ICAP, in order to produce what they’re calling a “utility settlement coin,” or USC, run on blockchain technology, originally the rails beneath bitcoin and now the talk of the financial, corporate,Read More

Blockchain Or No-Chain: Is Blockchain Really the Future Of Fintech?

Blockchain Or No-Chain: Is Blockchain Really the Future Of Fintech?

by August 19, 2016 at 9:54 am 5 comments

Former bitcoin champion Stefan Thomas caused a small stir in the blockchain world today when he posted an essay entitled “The Subtle Tyranny of Blockchain,” which, as the title suggests, does not reflect favorably on the technology. “In any protocol, everyone has to act the same. But in a blockchainRead More

Hot Hashtag: Fintech and the #IoT

Hot Hashtag: Fintech and the #IoT

by August 16, 2016 at 12:31 pm 1 comment

The Internet of Things — the network of internet-connected devices that might include your alarm clock, thermostat, and refrigerator– is growing, and that carries important implications for fintech and beyond. On Twitter, the hashtag #IoT has reached over 3.3 million users in the past several hours, with around 387 retweets and counting, whichRead More

Bitfinex Offers $3.5M Bounty for Stolen Bitcoin as Socialization Plan Stalls

Bitfinex Offers $3.5M Bounty for Stolen Bitcoin as Socialization Plan Stalls

by August 16, 2016 at 9:14 am 1 comment

It’s been another week, an eternity in the bitcoin world, and it looks like Bitfinex’s chosen recovery plan, in which it would “socialize” its losses by having its customers share 36% of the loss, may not actually, strictly speaking, be legal. “I think these questions are falling into a bit ofRead More

Who Will Win With Blockchain? How About Card Networks, Says Credit Suisee

Who Will Win With Blockchain? How About Card Networks, Says Credit Suisee

by August 15, 2016 at 9:54 am 1 comment

Credit Suisse recently published a 135-page report on the outlook for bitcoin and the blockchain, and there’s a lot to chew on. The investment bank surveyed 31 analysts across five disciplines in five different regions. In sum, the analysts were excited about the prospects for blockchain but less so forRead More