Bank of Russia Executive: 50% of Today’s Banking Industry Shuts Down in 10 Years

The Russian central bank’s director of Fintech, Projects and Process Management has opined that half of the banks’ branches and jobs in existence today will be obsolete in 10 years. The Fintech revolution is poised to deal a comprehensive blow to the current banking sector, according to Vadim Kaluhov, director of the Financial Technology, Projects […]

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Ethereum’s Price Skyrockets after Hardfork and Coinbase Integration

Ethereum is back in its upwards trajectory following a successful hardfork and Coinbase integration. The psychological resistance level of 0.02 has just been broken, paving a clear path towards the next resistance level of 0.025 with some suggesting it may surpass last month’s all-time high. The increase directly follows a successful hardfork where more than […]

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Ripple Blockchain Payment from Canada to Germany Takes 20 Seconds

A collaboration between Canadian financial institution ATB Financial, German software multinational SAP, blockchain startup Ripple Labs and Geman bank ReiseBank AG has demonstrated the potential of blockchain technology, wherein an international payment took 20 seconds as opposed to several working days. German multinational software firm SAP has announced the results of an international cross-border payment […]

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Why I Don’t Care Someone Stole My Article & Made $400 on Steemit

Someone told my CCN post and published it on Steemit. They earned $400 [Editor’s note: The payout did not occur after the article was found to be plagiarized]. I earned substantially less. Why don’t I care? Because I am realistic about the nature of the Internet, the economy – and most importantly, Bitcoiners. I often […]

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Bitcoin Ponzi Schemer Gets 18 Months in Prison

In a landmark case involving the first-ever federal securities fraud involving bitcoin, a Texas man identified as the operator behind a Ponzi investment scheme has received a sentence of 18 months in prison. Trendon Shavers, aka “Pirate@40” was sentenced to 18 months in prison for the charge of one count securities fraud due to his […]

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Coinbase Adds Ethereum

Coinbase adds Ethereum just a day after a historical and highly successful hardfork. Coinbase customers in 32 countries can now easily directly buy, sell store and send eth from their Coinbase account, making a conversion from btc to eth unnecessary, saving money in conversion fees. The ability to buy eth further extends to a new […]

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Bitcoin Price Racing Towards Support

Bitcoin price continues declining and we have to ask “why”? Unfavorable news? Bad fundamentals? Truth is: neither – commodities rise and fall due to leveraged speculation in their price charts. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis Time of […]

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MinerGate CEO Opposed Ethereum Hard Fork On Legal, Business And Philosophical Grounds

While most miners supported the Ethereum hard fork to prevent future breaches, Claude Lecomte, CEO at MinerGate, opposed the plan and posted a statement shortly before the hard fork took effect yesterday, claiming it will jeopardize Ethereum on legal, business and philosophical levels.   Ethereum holders previously voted for a hard fork to deprive the DAO […]

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Bitcoin Miners in Washington State Face Higher Power Tarrifs

Bitcoin miners in Chelan County, Washington, will have to pay more for electricity due to the approval of a new electric rate for customers with energy intends loads. Public Utility District (PUD) commissioners in Chelan County, Washington have approved a new electricity tariff for customers with an appetite for high energy. The new “high-density load […]

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Bitwala Announces Global Transfers For Ether, Litecoin, Dogecoin And Dash

Bitwala, a crypto-to-SEPA service that allows fiat currency transfers towards settlements from users who pay in cryptocurrency, now offers the least expensive way to use altcoins for international transfers, providing an economical option for the unbanked who wish to send money across borders, the company announced on its website. Users can make SWIFT or SEPA […]

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