#business

Statue of Liverty with a Bitcoin Torch illuminating New York

BCI Summit Day Two: Crypto Needs a Makeover Before Institutional Investors Return the Bulls

June 14, 2018 by Liam J Kelly at Altcoins, Bitcoin, Business, Commentary, Finance, News

In day two of the BCI Summit, panels continued the discussion about how best to get in the way of all this tokenized money. A few speakers also discussed what investors should do to protect their digital assets best. Marketing and Security The first point was made most clear via...

ShapeShift’s Non-Custodial Cryptocurrency Exchange Is Now Live

Shapeshift CEO: The “Time Has Come” for Cryptocurrencies

June 12, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News, Tech

Erik Voorhees, CEO of cryptocurrency exchange Shapeshift, called on finance industry regulators to embrace cryptocurrencies as a competition to the existing financial system, instead of viewing the asset class as a threat to be controlled. “Most Regulation Is Superfluous” In an interview with Bloomberg, Voorhees spoke on a range of issues...

Obelisk Takes the Lead in Fight against Mining Centralization with “Launchpad”

June 11, 2018 by Priyeshu Garg at Business, Mining, News, Tech

Application Specific Integrated Chip (ASIC) manufacturer Obelisk has announced their ambitious plan to turn the ASIC-dominated crypto mining industry on its head with the release of the “Obelisk Launchpad,” a new community-focused service. Cryptosphere Is Sick of ASICs The release of Launchpad comes at a time when most significant cryptocurrencies...

Bitmain Considers Billion Dollar IPO after Expansion in Other Sectors

June 11, 2018 by contributor at Bitcoin, Business, Finance, Mining, News

Bitmain, the world’s largest mining equipment manufacturer, may soon go public with its company. The move could propel the Chinese firm to one of the world’s most valuable companies. Bitmain’s IPO Push Speaking to Bloomberg, Jihan Wu, the founder of Bitmain, revealed that he is pursuing an expansion beyond the...

Press Release

Blocform Establishes a Strong Partnership Network

June 11, 2018 by Guest Post at Press Releases

“Two heads are better than one.” Especially in a highly competitive environment. If you are not familiar with this rising star in the ICO market, let’s correct that immediately. Blocform is a sensational project originally designed for musicians and their fans. Its primary goals are to move the music industry...

“Cryptocurrencies Are Here to Stay,” Believes Founder of Saudi Arabian Remittance Firm

June 10, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Commentary, Finance, News, Regulation, Tech

According to Abdulaziz Al Jouf, CEO of Saudi based digital payments platform PayTabs, cryptocurrencies will succeed as an asset class regardless of the worldwide concerns around their unregulated and volatile nature. Can’t Control, Will Ban Speaking to the Arabian Business, Al Jouf said that he does not see digital currencies...

Australian Cryptocurrency Firm Scams Business Partner of $6.6 Million with “Software Backdoor”

June 10, 2018 by contributor at Altcoins, Business, Finance, News

In what seems like the world’s first revenge cryptocurrency transaction, an Australian cryptocurrency firm is being investigated by the police after allegations that it fraudulently used a “software backdoor” to reclaim its digital tokens following a failed business deal. Cryptocurrency Firm Gone Rogue As per an Information Security Media Group...

DigitalTown Becomes First Ever U.S. Company to Be Acquired via Cryptocurrency

June 9, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Business, Finance, News

Pithia has announced it filed a Schedule 13D with the United States Securities and Exchange Commission (SEC). The filing was made after it acquired a stake in the publicly traded company DigitalTown. It is the first Schedule 13D filing ever where an investor has paid in cryptocurrency instead of fiat...

Coinmint Repurposes Aluminum Smelting Plant into Mega Bitcoin Mining Center

June 8, 2018 by Priyeshu Garg at Bitcoin, Business, Mining, News, Tech

Coinmint has revealed plans to open a massive bitcoin mining facility in upstate New York. The mining company unveiled its latest plan in a statement on June 5, 2018. The new facility is expected to provide 150 jobs within the next 18 months and will cost roughly $700 million to...

Japan’s Cryptocurrency Regulatory Watchdog Orders FSHO Exchange to Shut down Operations

June 8, 2018 by Ogwu Osaemezu Emmanuel at Business, Finance, News, Regulation

It is stale news that the Japanese Financial Services Agency (FSA) has increased regulatory oversight in the nation's crypto space for quite some time now. However, the surprising aspect of the entire scenario now is that the FSA is on the verge of rejecting the application of a local exchange...

Blockchain Technology and AI Merge to Form Virtual Girlfriend

June 8, 2018 by Cindy Huynh at Blockchain, Ethereum, News, Tech

Couger, a Tokyo-based startup is currently working with blockchain technology, artificial intelligence (AI), and augmented reality to create a virtual human agent or a ”virtual girlfriend.” Atsushi Ishii, the CEO of Couger said at the Community Ethereum Development Conference (EDCON) in early May that the combination of these technologies is...

Streamlabs Announces Crypto-tipping Feature, Facilitated by Coinbase

June 7, 2018 by contributor at Altcoins, Bitcoin, Entertainment, Ethereum, News

Streamlabs, the popular Twitch streaming app, will now allow users to tip the streamers using cryptocurrency, announced via their blog on June 1, 2018. The Coinbase Connection Streamlabs will use Coinbase as its crypto payments portal; this entails that the streamers will require to link their Streamlabs account to their...

Institutional Cryptocurrency Exchange BlockBid Partners with LexisNexis

June 7, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News, Tech

It seems that the mega deal between analytics firm RELX Group and ThreatMetrix has finally come to fruition, as LexisNexis Risk Solutions, a RELX subsidiary, has now entered into a partnership with a cryptocurrency exchange using the newly acquired database of 1.4 billion users. RELX Group bought ThreatMetrix back in...

COBINHOOD to Launch Decentralized Cryptocurrency Exchange, Aims at Instantaneous Trade Execution

June 7, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News

COBINHOOD, a cryptocurrency exchange positioned at 123rd in the world by daily traded volume, announced the launch of peer-to-peer exchange platform Dexon. Decentralized Exchanges Swiftly Coming Up As per a press release on June 6, 2018, Dexon is a fully decentralized exchange (DEX), based on blockchain technology and boasting zero...

Bitcoin Market Maturing as OTC Firms Move to Digital, Finds Report

June 7, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News, Tech

In a sign of a maturing market, Chicago-based Jump Trading now allows its customers to trade bitcoin through an electronic Over-the-counter (OTC) platform. Digital Trading Push As per a report on Business Insider, the company’s graphical user interface has been well-received by clients, allowing them to trade with others in...

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