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Japanese Internet Giant GMO Announces Entrance to Bitcoin Wallet Market

January 20, 2017 by Malcolm Cannon at Bitcoin, Finance, News

GMO Internet Inc., the Japanese IT services conglomerate, have announced their entry into the Bitcoin wallet market. In an official Japanese language statement on their site they explain their reasons for entering the sphere on their estimation that the market will reach "1 trillion yen ($8.78 billion) in the next...

Retelling the Bitcoin Story: ‘Banking on Bitcoin’ Review

January 13, 2017 by Malcolm Cannon at Bitcoin, Entertainment, News

Banking on Bitcoin, released in independent cinemas across the US on January 5, tackles the true life stories and public misconceptions surrounding the cryptocurrency's rise to prominence. Stylistically, Banking on Bitcoin feels a little bit like the 2015 movie about the financial crisis: The Big Short. There are neat graphics...

Ambisafe Inc. and ICOrating Partner to Form “Moody’s” of ICO Investing

January 10, 2017 by Malcolm Cannon at Altcoins, Bitcoin, Finance, News, Regulation

As the cryptocurrency economy continues to mature, investors have been funding blockchain startups with millions of dollars through what the crypto world calls "ICOs," or Initial Coin Offerings. To help individuals and institutional investors make informed decisions, U.S. corporation Ambisafe Inc. has partnered with Russian rating agency ICOrating, to analyze...

Ripio Raises $1.9 Million for Financial Inclusion in South America

January 8, 2017 by Malcolm Cannon at Bitcoin, Business, News

Buenos Aires-based Bitcoin payments service Ripio, formerly known as BitPagos, has secured $1.9 million in Series A funding. The South American startup plans to broaden its user base in its home country Argentina and neighboring Brazil, as well expand its digital payment services into Mexico. Ripio users can buy and...

State Street Amps up their Blockchain Technology for 2017

January 6, 2017 by Malcolm Cannon at Business, Finance, News, Tech

Leading-edge US-based financial services holding company State Street is getting ready to implement technology that will enable them to move their internal operations and some external business transactions onto the blockchain. In October 2016, the Winklevoss brothers invited State Street to support their application to the SEC for a Bitcoin...

Bitcoin or Gold for 2017?

January 2, 2017 by Malcolm Cannon at Bitcoin, Commentary, News

For many people, 2016 is a year they would rather forget. But for some investors Bitcoin's steady rise, in response to 2016's political and financial surprises, suggests the cryptocurrency is poised to take the safe-haven mantle away from gold in 2017. Whether it was the post-Brexit BTC-GBP prices helping the...