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Category: Bitcoin

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LocalBitcoins China Continues To Thrive Amid PBoC Clampdown Against Exchanges No Comments

China has always been a peculiar country when it comes to bitcoin and cryptocurrency. The PBoC's most recent efforts force exchanges to suspend bitcoin withdrawals for the time being. Contrary to what people expect, bitcoin's popularity in China has not declined all that much. LocalBitcoins trading is more popular than ever, which results in high weekly trading volumes. Bitcoin's status in Ch...

Bitcoin Price Technical Analysis for 03/24/2017 – Bears Waiting at $1050 No Comments

Bitcoin Price Key Highlights Bitcoin price recovered from its slide late in the week as dollar demand dipped on the failure to repeal Obamacare. A few more gains could be in the cards for bitcoin price as it makes its way up to the channel resistance near $1050. If the top of the channel keeps gains in check, bitcoin could fall back to support or the previous lows at $900. Bitcoin pr...

NewsBTC_NYDFS OCC Fintech Regulation

The Competition to Attract Fintech Companies Continues, EU Undercuts UK with Passporting No Comments

The year 2017 can as well be called the "Year of Fintech", thanks to the development in the fintech sector driven by blockchain infrastructure and smart contract applications. With the traditional banking and financial institutions across the world increasingly expressing interest in adopting these solutions, it is a lucrative business opportunity for many companies in the sector. The governments ...

First Ever Blockchain Hackathon to be Held in Dublin. newsbtc bitcoin news

Bajaj Displays the Potential of Blockchain Technology to Revolutionize Indian Manufacturing Sector No Comments

In recent days, the Indian government has been making a hard push to strengthen the country's manufacturing sector with its “Make in India” campaign. While this campaign encourages companies and entrepreneurs to manufacture things within the country, the blockchain technology implementation is attempting to make it more efficient. Bajaj Electricals, one of the leading electrical appliances man...

Mirai IoT Botnet

Blockchain Powered IoT Vaccine, NeuroMesh Scores at MIT 100K Accelerate No Comments

The Internet of Things (IoT) revolution is currently underway. As companies work on developing interconnected IoT devices by utilizing a variety of technologies including the blockchain technology, it opens the whole infrastructure to new levels of threats. NeuroMesh, a trusted distributed IoT and smartphone platform intends to prevent such incidents with its botnet security suite. NeuroMesh, f...

world food programme

World Food Programme Uses Blockchain Technology to Alleviate Hunger No Comments

Blockchain technology has become popular across various industry segments due to its versatile nature. Applications built on the distributed ledger can be implemented to solve a range of problems, improve the efficiency of existing systems and even bring in transparency. All these qualities are something critical in today's social sector. Realizing its potential advantages, the United Nations Worl...

First Global Credit HKEX Stocks

Brave New World Investments Allows Investment in Iranian Equities with Bitcoin No Comments

Bitcoin is probably one of the best inventions of the humanity in today's modern world. The universal and decentralized nature of Bitcoin is capable of erasing geographical boundaries and political differences to create an open economy. A Swedish investment company, Brave New World Investments is trying to do just that by making use of the versatile cryptocurrency. Founded by Mairtin O'Duinnin ...

Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Resume Its Downtrend No Comments

Key Points Bitcoin price failed to gain traction, and moved below the $1000 level against the US Dollar. There are two bearish trend lines with resistance near $1040-1060 formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD. The price might correct higher in the near term, but broadly remains under a bearish pressure. Bitcoin price made a nice downside move recently below...

bitcoin ponzi bitclub. newsbtc

Indian Politician Thinks Bitcoin Is a Ponzi Scheme No Comments

A recent statement made by one of the Indian politicians shows the lack of awareness about the digital currency among many. The politician in question is Kirit Somaiya, a Member of Parliament from the ruling party. He was reported calling Bitcoin a “hypothetical currency” and a “Ponzi scheme”. Bitcoin is one of the first and most widely used cryptocurrencies in the world. The decentrali...

SWIFT Vulnerable Hacking

Apple Denies Turkish Crime Family Hack, New Ransom Details Emerge No Comments

Earlier this week, there were reports on the media outlets stating a hacking incident affecting millions of iCloud and Apple Mail accounts. The accounts were said to be compromised by a hacker group calling themselves the “Turkish Crime Family”, who have claimed to now possess the capability to access these compromised accounts to wipe the devices associated with them. However, Apple has categ...