Indian Authorities Investigate Darknet and Bitcoin Roles in Drug Trafficking

Indian authorities are investigating two syndicates selling drugs over the darknet using bitcoin. R.R. Bhatnagar, the director general of the Narcotics Control Bureau (NCB), said that for the first time, the bureau has detected drug dealers using bitcoin and the darknet operating illegal drug trafficking in India. The NCB investigations have indicated that some of […]

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Research: US Blockchain Industry Big on Bitcoin, UK Most Diverse

Research suggests that while the U.K. may be behind the U.S. with the number of blockchain startups, it leads the way in diversity compared to any other country. The world’s first blockchain startup tracker was introduced by Outlier Ventures in May of this year. Its aim was to provide a comprehensive overview of the various […]

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EU IP Office: Pirates Are Accepting Bitcoin to Hide Criminal Proceeds

In a newly released report, the European Union Intellectual Property Office (EUIPO) has analyzed certain websites or ‘business models’ that infringe on intellectual property rights, some of which that relies on bitcoin and TOR. The EUIPO, the authority that manages the EU trade mark and works alongside the IP offices of other EU member commissioned a […]

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iPayYou Allows Users to Send Bitcoin via Twitter

iPayYou, a bitcoin wallet that allows users to send bitcoin to people who don’t have bitcoin accounts, has introduced Pay-by-Twitter, enabling users to send bitcoin directly to Twitter accounts. iPayYou becomes the first full-service wallet that enables peer-to-peer payments over the Twitter social media network. Users can send payments via email without the recipient having a […]

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Bitcoin Price Advance Still Unconfirmed

Bitcoin price pushed higher in a small advancing wave today, Although the price wave resembles the initial stages of advance, there is not yet high confidence that the push higher will continue. 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 […]

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Miners Vote Overwhelmingly in Support of Ethereum’s Hardfork

In just three days, Ethereum is to undertake the first of its kind hardfork in the digital currency space. With Geth, Parity and Mist all having a hardfork release, all eyes are now on the miners. Ethpool/Ethermine was the first to open the decision to miners with more than 81% voting in support of the […]

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Research: Swiss Fintech Startups Lag behind Other Countries

Switzerland’s fintech is failing to make an impact compared to New York, London, and Berlin, according to research, while Luxembourg and the Netherlands are threatening to overtake the country as a European fintech center. Other countries such as China, India, and Singapore are also making headway in the fintech industry. According to research group Statistica, […]

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IBM Launches Blockchain Cloud Services On Linux Server

IBM has introduced a cloud-based blockchain service for business-to-business networks that allows companies to test performance, interoperability and privacy of blockchain ecosystems. The company noted in a press release that the service is suited to organizations in regulated industries. IBM’s blockchain cloud is supported by IBM LinuxOne, which IBM considers the industry’s most secure Linux-only server. […]

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Bitcoin Price Compression Building Pressure

Bitcoin price keeps consolidating in a narrowing price range. Although there is a breakout building pressure in the chart, there is not yet any technical evidence of the eventual direction. 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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Ripple: It’s Time for a Blockchain Cross-Border Payment Network

Blockchain or distributed ledger technology (DLT) has yet to achieve widespread use, but it is mature enough to begin commercial use. Ripple, a DLT technology provider, believes the time is ripe for banks to work together to initiate a network for more efficient inter-bank and cross-border payments, according to a white paper [PDF] by Ripple and […]

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