Blockchain

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MIT scientist develops algo to predict bitcoin price

/Blockchain

MIT scientist develops algo to predict bitcoin price

Bitcoin's notoriously volatile price may look like it bounces around arbitrarily but an MIT computer scientist has developed a machine-learning algorithm that appears to have found a pattern in the mayhem, helping him to nearly double his investment in less than two months.

Visa veterans raise $14.5m for bitcoin processing platform

/Blockchain

Visa veterans raise $14.5m for bitcoin processing platform

Bitnet, a bitcoin payments processor targeting large merchants that was set up earlier this year by a gaggle of Visa and CyberSource veterans, has raised $14.5 million in a series a funding round led by Highland Capital Partners.

Coinfloor to expand trading to wider range of currencies

/Blockchain

Coinfloor to expand trading to wider range of currencies

London-based bitcoin exchange Coinfloor is to open up to new currencies, accepting deposits in US dollars, euros and Polish zloty, this Tuesday. Coinfloor is already the the biggest exchange for bitcoin-to-sterling transactions by volume of currency traded.

Crook dumps Target card details on Russian forum

/Blockchain

Crook dumps Target card details on Russian forum

A cyber-crook has uploaded the details of more than five million cards, many of them stolen during the data breach at US retailer Target, to a Russian carding site, says security firm Group-IB.

W3C standards body looks to improve web payments

/Blockchain

W3C standards body looks to improve web payments

The World Wide Web standards organisation, W3C, is bringing together banks, retailers and tech firms in an effort to develop standards for payments on the open web.

Lawsky bows to BitLicense backlash

/Blockchain

Lawsky bows to BitLicense backlash

Individual users, software developers and bitcoin miners will be exempt from new regulations being drawn up to regulate the crypto-currency markets by New York's State Department of Financial Services.

Overstock hires developers to create crypto-securities exchange

/Blockchain

Overstock hires developers to create crypto-securities exchange

Online retailer Overstock has hired developers who worked on the P2P decentralised exchange Counterparty to build a marketplace for corporate stocks issued as 'cryptosecurities'.

Madrid street transforms into Bitcoin Boulevard

/Blockchain

Madrid street transforms into Bitcoin Boulevard

Madrid has become the latest city to embrace the concept of a Bitcoin Boulevard, with the Spanish capital's Serrano Street getting a cryptocurrency makeover this weekend.

Crypto-currency outfit Epiphyte triumphs at Innotribe Startup Challenge

/Blockchain

Crypto-currency outfit Epiphyte triumphs at Innotribe Startup Challenge

US-based crypto-currency startup Epiphyte has emerged as the winner of the Innotribe Startup Challenge at Sibos in Boston.

Reddit ponders own cryptocurrency to distribute shares to community

/Blockchain

Reddit ponders own cryptocurrency to distribute shares to community

After closing a $50 million funding round, Reddit could create its own cryptocurrency as a way of handing over shares in the platform to its massive user-base.

Bitcoin to make big splash at Sibos and Money20/20

/Blockchain

Bitcoin to make big splash at Sibos and Money20/20

Bitcoin values may be languishing at the $400 mark, but financial services interest in the crypto-currency shows no signs of abating, with two of the biggest shows in the banking calendar - Sibos and Money20/20 - devoting significant airtime to the technology.

Visa Europe mobile director joins Apple

/Blockchain

Visa Europe mobile director joins Apple

Visa Europe's director of mobile, Mary Carol Harris, has jumped ship to join Apple, where she will lead the firm's push into the mobile payments sector on the continent.

Bitcoin price lifts as Paypal wades in

/Blockchain

Bitcoin price lifts as Paypal wades in

PayPal has partnered with three of the leading bitcoin processors to enable support for the crypto-currency among its digital merchants.

Bangladesh threatens jail time for bitcoin users

/Blockchain

Bangladesh threatens jail time for bitcoin users

Bangladesh's central bank has warned that anyone using bitcoin in the country could face a jail term of up to 12 years.

Blockstock bitcoin festival gets ready to rock

/Blockchain

Blockstock bitcoin festival gets ready to rock

A ten-day festival promoting the use of bitcoin kicks off with a round of drinks at the Old Shoreditch Station pub in London on Friday evening.

Bank of England takes a closer look at bitcoin potential

/Blockchain

Bank of England takes a closer look at bitcoin potential

Digital currencies do not currently pose a material risk to monetary or financial stability in the United Kingdom, says the Bank of England, but the underlying technology does have the potential to transform the financial system more generally.

Bitcoin ATM network introduces palm vein authentication

/Blockchain

Bitcoin ATM network introduces palm vein authentication

Bitcoin ATM manufacturer Robocoin is to use PalmSecure biometric technology from Fujitu to strengthen authentication in its worldwide network of kiosks.

PayPal pips Apple with One Touch mobile and bitcoin payments

/Blockchain

PayPal pips Apple with One Touch mobile and bitcoin payments

With the Apple juggernaut about to steamroller all other payments-related news, PayPal has pushed the innovation bar a little higher by announcing plans to enable 'One Touch' transactions on iOS and Android phones and adding support for bitcoin purchasing.

ATM Industry Association opens up to bitcoin

/Blockchain

ATM Industry Association opens up to bitcoin

The ATM Industry Association has called on bitcoin ATM operators to join with it in promoting improved security and governance for virtual currency machines.

Fintech players back UK's Startup Manifesto

/Blockchain

Fintech players back UK's Startup Manifesto

Heavy hitters from the fintech community have backed a 'Startup Manifesto' offering recommendations to the next UK government on everything from tax to visas to bitcoin.

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