Cryptocurrency news

• AIG Issues Its First Insurance Policy on Blockchain

  18-06-2017 21:30 via newsbtc.com
  
  AIG, the multinational insurance provider, has announced its first blockchain based insurance policy, that was issued to UK’s Standard Chartered Bank. The blockchain policy termed the “master policy” governs multiple policies for the bank’s operations in various countries. The insurance sector has found that blockchain technology can offer them loads of benefits at a fraction … Continue reading AIG Issues Its First Insurance Policy on Blockchain
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• Zero Confirmation Transactions are no longer science-fiction

  18-06-2017 20:01 via crypto-news.net
  
  The very basis of bitcoin transactions – the blockchain – has always relied on miner confirmations to determine whether a bitcoin transfer was indeed valid. For most bitcoin users, confirmations are essential to prevent double-spending, a scam where one bitcoin is spent at two different places at the same time. For the most part, this verification system is highly reliable, and usually 6 confirmations guarantee that a transaction was indeed valid. While verification was not so much o
  
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• Indian Blockchain Startup Audience Farm Enters AdTech Space

  18-06-2017 17:30 via newsbtc.com
  
  In the recent days, India has emerged as one of the strong forces in the crypto-sector as it attempts to keep up with many developed countries when it comes to research, development, and deployment of blockchain solutions. The focus of Indian blockchain sector is gradually expanding beyond fintech, to other segments like shipping and logistics … Continue reading Indian Blockchain Startup Audience Farm Enters AdTech Space
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• Sia: The Future of Decentralised Cloud Storage

  18-06-2017 16:16 via crypto-news.net
  
  Crypto-coins have seen an explosive growth over the past year, each altcoin coming up with innovative methods of coin generation and unique services for its users. An example of such a currency is Sia, which aims to revolutionize the way digital cloud storage works.
  According to its founders, Sia aims to be a “completely private, affordable and redundant medium” for storing files on the internet, utilizing the power of blockchain technologies along with sharing data servers. Unlike m
  
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• Yet Another Bank Warns About the Dangers Associated With Digital Currencies

  18-06-2017 15:00 via newsbtc.com
  
  One recurring trend we saw over the past few year sis how banks continue to warn about Bitcoin and cryptocurrency. For some reason, banks are legitimately afraid of digital currencies. That is not entirely surprising, as digital currencies bring competition to the traditional financial ecosystem. The Bank of Samoa feels now a good time to … Continue reading Yet Another Bank Warns About the Dangers Associated With Digital Currencies
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• Banking and Blockchain: Why We Need an AML/KYC Safe Harbor

  18-06-2017 13:00
  
  Compliance rules may be boosting blockchain innovation, but legal uncertainty is excluding some developing nations from the global banking system.Source
  
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• Blockchain in France: A Primer on an Emerging Market

  18-06-2017 12:00
  
  A startup founder gives an overview of the French blockchain scene, arguing that now is the time to take official engagement to the next level.Source
  
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• According to the ViaBTC team, All Bitcoin Core Developers Should be Fired

  18-06-2017 12:00 via newsbtc.com
  
  There are quite a few different opinions on Bitcoin and the scaling debate. According to some, Bitcoin Core should remain in charge. Others, such as ViaBTC, feel Bitcoin Core developers should be fired. Not only is that an impossible statement, it only fuels the ongoing bickering even more.  Statements like these add nothing of value … Continue reading According to the ViaBTC team, All Bitcoin Core Developers Should be Fired
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• Gene-Chain Strikes a Balance Between Privacy and Scientific Advancements

  18-06-2017 10:30 via newsbtc.com
  
  What the Human Genome Project took years to do can now be achieved within minutes, thanks to advancements in genetic sequencing techniques and state-of-the-art laboratory equipment that accelerates the gene mapping process. At the same time, scientists still don’t have a clear understanding of the whole human genome, which has turned genetic research and studies … Continue reading Gene-Chain Strikes a Balance Between Privacy and Scientific Advancements
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• Blockchain, a Threat as Well as an Opportunity for Conventional Accountants

  18-06-2017 08:30 via newsbtc.com
  
  It is increasingly becoming important for people to have an idea of Bitcoin and blockchain technology. With Bitcoin gaining legal status in various countries and the ever-growing implementation of blockchain technology across different industries, it is now important for those working in finance and accounting line of work to be prepared for the upcoming shift … Continue reading Blockchain, a Threat as Well as an Opportunity for Conventional Accountants
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• Top Cryptocurrencies in 2017

  18-06-2017 08:04 via crypto-news.net
  
  There were over 700 cryptocurrencies in existence at the end of 2016. In 2017, the trading volume for the 8-year-old cryptocurrency market has grown to exceed $100 billion. Five of the top cryptocurrencies in 2017 are Bitcoin, Litecoin, Ethereum, Ripple, and Dash. The growing popularity of cryptocurrencies has helped bolster the market value of these five coins during the first half of 2017.
  Bitcoin
  Bitcoin (BTC) is the first public blockchain and was launched on January 3rd, 2009
  
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• Bitcoin Price Weekly Analysis – BTC/USD Poised For Gains

  18-06-2017 07:00 via newsbtc.com
  
  Key Points Bitcoin price after a strong correction found support at $2040 against the US Dollar, and started a recovery. There is a monster ascending channel forming with support at $2260 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price may soon gain momentum and break $2700 for a move towards the … Continue reading Bitcoin Price Weekly Analysis – BTC/USD Poised For Gains
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• Ethereum Price Weekly Analysis – ETH/USD Eyeing Break above $400

  18-06-2017 05:48 via newsbtc.com
  
  Key Highlights ETH price corrected lower this past week towards $255 against the US Dollar, but later it recovered very well. There is a crucial bullish trend line with support at $310 forming on the 4-hours chart of ETH/USD (data feed via SimpleFX). It looks like the price is about to retest $390 and may … Continue reading Ethereum Price Weekly Analysis – ETH/USD Eyeing Break above $400
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• Chinese Mining Pools Support SegWit2x and aim for Activation by July 31st

  18-06-2017 00:00 via newsbtc.com
  
  A lot of Bitcoin enthusiasts are looking forward to August 1st. On this day, we will see the activation of Segregated Witness through the user-activated soft fork. It remains unclear who will effectively support this solution, though. We do know a list has been published regarding companies support SegWit 2x. Interestingly enough, this includes virtually … Continue reading Chinese Mining Pools Support SegWit2x and aim for Activation by July 31st
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