Overstock revealed Friday it invested $4 million into a blockchain-forward financial technology firm in the Caribbean. The announcement, made in Barbados and attended by principals from the island’s company Bitt and Overstock, enters in a big move by Overstock into the space. It’s involvement had largely been focused on innovation through its t0 project. “A […]
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The British Financial Conduct Authority (FCA) and its Australian counterpart, Australian Securities and Investments Commission (ASIC) have signed the first-of-its-kind agreement whereby innovative Fintech companies in Australia and the United Kingdom will have more support from financial regulators as they attempt to enter the others’ market. Christopher Woolard, director of strategy and competition at the […]
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Bitcoin price continues hovering around $415 and 2690 CNY. The chart’s technical conditions are primed for a break into either rally or decline. 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 […]
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The open-source Hyperledger Project led by the Linux Foundation sees 10 new members joining the initiative. The blockchain endeavor also sees the filling of key leadership positions in a recent announcement. In a recent announcement, the Hyperledger Project revealed 10 new companies that joined the blockchain endeavor. The companies include a number of bitcoin- and […]
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For anyone who likes online gambling, Fortunejack.com is an online casino that uses digital currency to help ensure fairness and security. The site offers many live-games such as Texas Hold’em, Roulette, Dragon Tiger, Baccarat and CarribeanPoker, and provides round-the-clock customer support. But that’s not all. Thanks to technology, it is possible now to verify the […]
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How would a bitcoin standard fare for a monetary system? An analysis by the Bank of Canada examined that scenario, conjecturing how a bitcoin standard would perform based on the performance of a gold standard that existed from 1880 to 1913. The gold standard was a monetary system in which nations’ currencies were tied to […]
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Ethereum continues to make waves on the cryptocurrency landscape, with developers introducing new applications that take advantage of its smart contract and crowdsale capabilities. The Ether’s market cap has soared above $1 billion recently. As Ethereum grows, it earns media coverage which in turn fuels its growth. The New York Times recently ran a feature […]
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