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What is Bitcoin?

Bitcoin is a digital crypto-currency with no single point of failure due to its decentralized peer-to-peer architecture. The source code is publicly available and changes to the reference Bitcoin client are made via concensus within the community. Advantages of Bitcoin include irreversible transactions (i.e. no possibility of chargebacks as with credit cards), pseudo-anonymous, limited and fixed inflation, near instant transactions, multi-platform, no double-spend and little to no barriers to entry and more. It was created by an anonymous person known as Satoshi Nakamoto. Find out more at WeUseCoins.com.

Bitcoin Latest News

Ether Rebounds As Price Rises Back Above $300

The price of ether experienced an uptick on Wednesday after falling below the $300 mark during the day's trading session.

Source

Posted on 28 June 2017 | 4:01 pm

Bitcoin Price Analysis: Double Bottom Reversal Chases Out the Bears - Bitcoin Magazine


Bitcoin Magazine

Bitcoin Price Analysis: Double Bottom Reversal Chases Out the Bears
Bitcoin Magazine
In our previous BTC-USD analysis, there was a fear of a massive Head and Shoulders pattern that had very low price projections for the entire crypto market. In a turn of events, when BTC-USD made its test of the Head and Shoulders neckline, it actually ...

and more »

Posted on 28 June 2017 | 3:33 pm

What delivered the best return of 2017's first half? Bitcoin and ethereum - MarketWatch


MarketWatch

What delivered the best return of 2017's first half? Bitcoin and ethereum
MarketWatch
Digital currencies hit a number of key milestones in 2017, including breaking into the 12-digit club, as the combined market value of all cryptocurrencies—led especially by bitcoin and ethereum—surpassed $100 billion for the first time ever, and ...

Posted on 28 June 2017 | 3:30 pm

Bitcoin Price Analysis: Double Bottom Reversal Chases Out the Bears

Bitcoin Price Analysis

In our previous BTC-USD analysis, there was a fear of a massive Head and Shoulders pattern that had very low price projections for the entire crypto market. In a turn of events, when BTC-USD made its test of the Head and Shoulders neckline, it actually responded in a market reversal.

BTCUSD HS Rejection.png

Figure 1: BTC-USD, 6-hr Candles, GDAX, Head and Shoulders Rejection

Yesterday, the crypto market took a turn upward as the market leader made a Double Bottom Reversal pattern that sent a market-wide bear run into an immediate bull run. As the BTC-USD market made an attempt to test the boundaries of the lower prices of the bear run, volume began to pick up and sent us into a market reversal. How does one spot this pattern and where are we headed in the next few days?

BTCUSD Double Bottom.png

Figure 2: BTC-USD, 30-min. Candles, GDAX

Characteristics of a Double Bottom Reversal pattern include the following:

  1. A descending trendline within an established bear trend (shown in white)

  2. An initial bottom that temporarily reverses before retesting the established low (basically forming a “W” pattern)

  3. After a test of the previously established low, the test is rejected

    1. It is important to note that in order to confirm the reversal pattern, typically you want to see consistent increased volume at the lower values (shown in dark pink)

  4. After the low is rejected a second time, it continues upward and breaks the descending trendline established in step 1 (shown in yellow)

  5. After breaking the descending trendline, the price then forms a “neckline” with the rest of the pattern (shown in light pink)

  6. From there, to confirm the trend reversal, we would want to see a break of the neckline followed by a retest of the neckline (shown in light blue)

All the above characteristics are very strong indicators of a complete bear market reversal into a bull market. As mentioned in the previous BTC-USD analysis, the bear run would continue the trend downward until significant volume picked up. In our case, the volume picked up very strongly and made a complete market reversal. Much like BTC-USD, this pattern is seen throughout several major players in the crypto market: ETH-USD, LTC-USD, ETH-BTC, etc.

It is unclear where the top of the bull run will lead us, but what is clear is that volume has dramatically picked up, indicating market interest in the higher prices. Until the volume begins to die down, the price will continue to push higher.

Summary:
  1. Head and Shoulders pattern was strongly rejected in the form of a Double Bottom Reversal

  2. Bearish trend has ended in a strong bull trend

Trading and investing in digital assets like bitcoin and ether is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment advice. Statements and financial information on Bitcoin Magazine and BTCMedia related sites do not necessarily reflect the opinion of BTCMedia and should not be construed as an endorsement or recommendation to buy, sell or hold. Past performance is not necessarily indicative of future results.

The post Bitcoin Price Analysis: Double Bottom Reversal Chases Out the Bears appeared first on Bitcoin Magazine.

Posted on 28 June 2017 | 3:29 pm

Why You Shouldn't Pay the Petya Ransomware - Fortune


Fortune

Why You Shouldn't Pay the Petya Ransomware
Fortune
If you were affected by the latest global cyber attack that locked businesses out of their computer systems, here's a tip: Don't pay the Bitcoin ransom. You'll be sorry if you do. Beginning in Ukraine and quickly spreading to large multinational ...
$10200: Global Petya Ransomware's Bitcoin Earnings so FarCryptoCoinsNews
WannaCry Some More? Petya Bitcoin Ransomware AttacksCoinTelegraph
Today's huge ransomware attack has only made about $7500 so farTechCrunch
New York Times -The Verge -Washington Post -Securelist
all 1,459 news articles »

Posted on 28 June 2017 | 2:59 pm

Daimler AG Issues €100 Million Corporate Bond in Blockchain Trial

German automaker Daimler AG has issued a corporate bond worth €100m as part of a blockchain pilot project.

Source

Posted on 28 June 2017 | 2:30 pm

Europe's Second Largest Port Launches Blockchain Logistics Pilot

The second-largest port in Europe by container capacity is now running a pilot blockchain project focused on logistics automation.

Source

Posted on 28 June 2017 | 12:30 pm

Pantera Capital to Raise $100 Million in Investment for ICO Hedge Fund

A new hedge fund backed by Pantera Capital has raised $100m to invest in the open-source digital token space.

Source

Posted on 28 June 2017 | 10:59 am

CFTC Chief Asks Congress for More Money to Oversee Blockchain

The CFTC has cited the advance of technologies like blockchain in a request to obtain additional funding for its oversight activities.

Source

Posted on 28 June 2017 | 9:30 am

Blockchain Startup ChromaWay to Launch 'Hybrid Database' Product

Swedish startup ChromaWay has released a new product called Postchain that mixes blockchain and standard database technology.

Source

Posted on 28 June 2017 | 8:45 am

Bitcoin Legal Experts: nChain SegWit Criticisms Are Flawed - CoinDesk


CoinDesk

Bitcoin Legal Experts: nChain SegWit Criticisms Are Flawed
CoinDesk
An effort by stealth bitcoin startup nChain to raise awareness of supposed issues with code that would boost the capacity of the distributed payments network is coming under fire. Following its publication yesterday, legal experts raised concerns about ...

and more »

Posted on 28 June 2017 | 8:00 am

Bitcoin Legal Experts: nChain SegWit Criticisms Are Flawed

An evaluation of the possible legal risks of a bitcoin protocol change written by startup nChain has been criticised by industry legal experts.

Source

Posted on 28 June 2017 | 7:50 am

New York Preschools Accept Bitcoin and Ether for Tuition Payments

Two private preschools in New York City now allow parents to pay for tuition with bitcoin, ether and litecoin.

Source

Posted on 28 June 2017 | 6:30 am

Burger King to Accept Bitcoin in Russia This Summer - CoinTelegraph


CoinTelegraph

Burger King to Accept Bitcoin in Russia This Summer
CoinTelegraph
Russian Burger King restaurants are due to start accepting Bitcoin as a payment method this summer, reports state on Wednesday. According to local news resources, a Moscow branch of the burger chain has started piloting Bitcoin payments, with officials ...
Burger King in Russia Will Enable Bitcoin Payments This YearnewsBTC
Burger King in Russia to Accept Bitcoin As Payment for its Fast FoodCoin Idol (press release)
First restaurant in Russian capital accepts payment in bitcoinRT

all 5 news articles »

Posted on 28 June 2017 | 5:38 am

Silicon Valley Accelerator 500 Startups Isn't Backing ICOs – Yet

A famed early-stage Silicon Valley investment firm breaks its silence on ICOs and how the new funding method might affect its approach.

Source

Posted on 28 June 2017 | 5:30 am

Hackers have made just 3.7 bitcoin – or less than $10000 – with the latest cyberattack - CNBC


CNBC

Hackers have made just 3.7 bitcoin – or less than $10000 – with the latest cyberattack
CNBC
Those behind the recent cyberattack affecting businesses around Europe have successful received a total of nearly 4 bitcoins, worth around $9621 at today's price. On Tuesday, reports emerged of a ransomware virus affecting businesses and governments ...
Victims of the global cyberattack have paid $9000 so far but can't get their files backBusiness Insider UK

all 15 news articles »

Posted on 28 June 2017 | 5:06 am

Powell: Buying bitcoin to fund retirement? Make sure it fits plans - USA TODAY


USA TODAY

Powell: Buying bitcoin to fund retirement? Make sure it fits plans
USA TODAY
Average investors are often accused of buying high and selling low. And that may very well be the case for investors who are jumping on the bitcoin bandwagon. Bitcoin, a digital currency, has doubled and then some since the start of 2017 (it's risen ...
Bitcoin bull unfazed by cyberattacksPhilly.com
Crypto Massacre: Why Ethereum, Bitcoin & Top 30 Currencies Declined in ValueCoinTelegraph
Bitcoin could reach $5 trillion in five years, predicts NovogratznewsBTC
CNBC -CryptoCoinsNews -Business Insider -Quartz
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Posted on 28 June 2017 | 5:00 am

R3 Completes DLT Commercial Paper Prototype with Bank Partners

Consortium startup R3 has completed work with four banks on a prototype that issues short-term debt over its Corda distributed ledger platform.

Source

Posted on 28 June 2017 | 4:35 am

'End Poverty, Restore Trust': World Bank Dives into Blockchain with Lab Launch

The World Bank is launching a blockchain lab to develop projects that can improve governance and social outcomes in the developing world.

Source

Posted on 28 June 2017 | 3:00 am

World Economic Forum Publishes Blockchain Governance Taxonomy

The World Economic Forum has published a paper arguing that blockchain stakeholders should organize in a way that would dwarf the largest consortia.

Source

Posted on 28 June 2017 | 2:38 am

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Russia's Crypto-Winter Shows Signs of a Thaw in Saint Petersburg

stpetersburg.jpg

A mixed crowd of denim jeans and custom-tailored suits, typical for crypto-events, is standing across the vertical aisle of the the main conference area at the Blockchain & Bitcoin Conference in Saint Petersburg, blocking the line of sight for those lucky enough to have snatched themselves a chair in the back. The hall, while spacious — high ceiling, tall arched windows partly covered with ASIC mining billboards — still isn’t quite large enough to fit all interested visitors.

The speaker on stage works for Alfa Bank, one of the biggest banks in Russia. The financial sector in the former Soviet block is taking as much interest in Bitcoin and, of course, blockchain technology as anywhere else is. Having skipped Russia’s second-biggest city for the past two years, Smile-Expo re-introduced its Eastern European conference tour in Saint Petersburg last Thursday.

“The event had over 600 visitors, 25 exhibitors and some 20 speakers. Four of those work for Russia’s largest financial institutions,” event organizer Pavol Likhomanov told Bitcoin Magazine. “Entrepreneurs and finance professionals are increasingly taking this technology seriously. This is evident from the turnup here in Saint Petersburg; and we’ve seen year-over-year growth in interest at our Moscow event as well.”

This interest is not necessarily self-evident. It was only in 2014 — indeed, around the time of the last Saint Petersburg conference — that Russia seemed to emerge as one of the most crypto-hostile nations on the globe. In an attempt to curb criminal activity, the Putin administration introduced draft legislation that would essentially ban any use of cryptocurrencies. Not much later, access to a number of Bitcoin websites, including bitcoin.org, was blocked in the country.

But so far, the proposed law has never actually been implemented.

“Bitcoin and cryptocurrencies still have no legal status in Russia,” Artem Tolkachev told Bitcoin Magazine. The director of Deloitte Russia’s legal services for technology projects was one of the headline speakers at the event, where the legal implications of blockchain technology represented a big chunk of the morning program.

“The central bank considers cryptocurrency like bitcoin a money surrogate, which is a progressive stance. But the Ministry of Finance is more conservative. They don’t like anything they don’t understand and cannot control,” he said. “And Russian policymakers are not always very open-minded. They prefer to have their own internet … their own currency.”

Needless to say, Bitcoin is not a great fit in such a worldview.

The Thaw

But the initial icy stance on digital currencies seems to be getting a bit less frosty these days.

It was only a couple of weeks ago that Russian president Vladimir Putin met Ethereum creator Vitalik Buterin at the International Economic Forum, also held in Saint Petersburg. In the widely reported event, within the crypto-sphere at least, the president was said to have “supported the idea of establishing ties with possible Russian partners” — referring to Buterin’s technology pitch.

The announcement has been interpreted as a sort of preliminary green light for Russian blockchain entrepreneurs and investors. While not quite an official endorsement from the Kremlin, let alone formal regulation, it’s been a hopeful sign nonetheless.

But until it’s official, Russian cryptocurrency users across the halls in the historic Vedensky Hotel, the site of last week’s event, remain reserved.

“The Russian market is volatile,” Timur, a former forex trader, told Bitcoin Magazine. He offers a platform that allows Russian brokers to trade on behalf of their clients, Russian cryptocurrency speculators. Speaking from his exhibit stand in Saint Petersburg, he explained: “We never know for sure if what’s accepted today will be legal tomorrow. Official policy could change at a whim.”

That’s why his company sets customers up with foreign bank accounts in Switzerland, or Lithuania, or maybe offshore. The coins themselves — bitcoin, litecoin, ether — never leave the exchange where they are traded.

And these exchanges are not in Russia either … at least not officially. Incorporating abroad is a typical strategy for Russians and their cryptocurrency startups.

Mining

It’s not just traders and the finance sector that are taking an interest. Bitcoin mining is growing in Russia too.

This is perhaps most evident from the rise of mining pool BitClub Network over the past months. While officially established outside of Russia, the team works from Kazan, a city to the east of Moscow. Already one of the biggest non-Chinese miners on the Bitcoin network, BitClub Network’s founder — he’s casually wearing a T-shirt emblazoned with an image of Putin — assured Bitcoin Magazine his will be a top-five pool by the end of the year. At least, that’s what one of his employees translated into English, his smartphone showing videos of data centers full of humming ASIC miners.

Russian miners are now setting up data centers such as these in the east of Russia, Alex of mining service provider MyRig told Bitcoin Magazine. “The temperature in Irkoetsk, for example, is ideal for Bitcoin mining: it can be -40 degrees Celsius. Meanwhile, electricity is cheap. There’s a big raw material industry, but with the crisis, some factories are out of use. With energy to spare, miners are starting to fill that void.”

MyRig, a rebranding of Bitmain Warranty (not to be confused with Bitmain), is not the only mining business at the Saint Petersburg conference. The company is vying for attention with several competitors in one of the exhibition rooms. One of them sells entire containers full of equipment, not unlike BitFury’s mobile data centers. Another is re-selling Antminers, the best-selling Bitmain machines.

“But to mine bitcoin in Russia at scale, you do still need to have the right connections,” Alex continues. “If you don’t know your way around local policymakers you risk being shut down.” Though with the increase in profits that the mining sector has seen over the past half year or so, the “big dicks” are entering the space, Alex said. “The guys with lots of money — and lots of connections. I’d expect mining in Russia to continue to grow significantly over the next year.”

And official regulation should be coming too, Deloitte’s Tolkachev said. A draft bill for cryptocurrency should be introduced within a few months, and could be approved by early 2018. This could bring some much-desired regulatory clarity for Russians wanting to open cryptocurrency-related businesses and otherwise openly engage in the industry without needing to work around the existing legal structure.

That is, visitors in the Vedensky Hotel generally seemed to agree, unless Putin changes his mind.

The post Russia's Crypto-Winter Shows Signs of a Thaw in Saint Petersburg appeared first on Bitcoin Magazine.

Posted on 27 June 2017 | 2:10 pm

Bitcoin Exchange Operator Sentenced to Five-and-a-Half Years in Prison

The former operator of the now-defunct bitcoin exchange Coin.mx has been sentenced to five-and-a-half years in prison.

Source

Posted on 27 June 2017 | 1:25 pm

Fanciful Bitcoin Banknotes Show How Digital Currency Might Look in the Real World - NBCNews.com


NBCNews.com

Fanciful Bitcoin Banknotes Show How Digital Currency Might Look in the Real World
NBCNews.com
Bitcoin isn't like traditional currencies, and not just because it doesn't exist as actual coins or paper banknotes. Unlike traditional currencies like the dollar or euro, Bitcoin isn't controlled by a single government or central bank. Instead, every ...

Posted on 27 June 2017 | 12:08 pm

Asus Announces New Graphics Cards Focused on Cryptocurrency Mining

One of the world's largest technology hardware makers has released new graphics cards (GPUs) aimed at the cryptocurrency mining market.

Source

Posted on 27 June 2017 | 11:30 am

FBI: Hackers Extorted $28 Million in Cryptocurrencies Last Year

FBI report on cryptcurrencies and hackers

On June 22, the Federal Bureau of Investigation presented its annual Internet Crime Report for the year of 2016. The FBI analyzed the victim reports at the Internet Crime Complaint Center (IC3) and used the information from their database to publish the annual study. It is important to mention that, according to the Department of Justice’s research, only an estimated 15 percent of the U.S. fraud victims reported their crimes to law enforcement.

The FBI highlighted multiple “hot topics” regarding internet crimes for the year of 2016. This included Business Email Compromise (BEC), which resulted in the loss of $360 million from victims, currently standing in first place in the category of most damage caused. BEC is a sophisticated scam targeting companies working with international or foreign businesses or suppliers who conduct wire transfer payments at regular intervals.

Ransomware, an emerging “business form” among cyber criminals, was specially mentioned in the report. When launching such attacks, the hackers target electronic devices — mostly computers and laptops — with malware that locks up the data of the machines. After the criminals successfully breach the systems of the victims, they demand ransom from them. According to the FBI, in most cases, the ransom is paid in digital currencies, such as bitcoin. In 2016, the IC3 identified 2,673 complaints connected to ransomware attacks, with an estimated loss of over $2.4 million.

Another featured sort of internet crime was tech support fraud demanding approximately $7.8 million from the victims. The scam occurs when the criminals impersonate technical support agents from a computer software, security, cable or internet company. After the hackers get in contact with the victims, they convince them to provide remote access to their devices. Once the criminals have control over their systems, additional criminal activity occurs. Multiple companies, including Microsoft and Mozilla, alerted their customers on their websites regarding such fraudulent activities.

The IC3 recorded 17,146 cases of extortion with losses over $15 million, which occurred using the internet. By the FBI’s description, in extortion cases, cyber criminals “demand something of a value from a victim by threatening physical or financial harm or the release of sensitive data.” The agency identified various forms of the crime, including denial of service attacks, hitman schemes, “sextortion,” government impersonation schemes, loan schemes and high-profile data breaches. According to the FBI, cyber criminals often demand the payments in cryptocurrencies from the victims, which provides the perpetrators an additional layer of security since they are easy to send but harder to trace.

Compared to the previous year, the number of reported internet crime cases increased by 3.7 percent in 2016, with the damage caused to the victims rising by $380 million. Excluding the United States, the top five countries affected by internet crime are ranked in the following order: Canada (3,722 cases), India (2,188 cases), the United Kingdom (1,509 cases), Australia (936 cases) and France (568 cases). Among the states of the U.S., California had the most victims (39,547) followed by Texas (21,441) and Florida (21,068).

The FBI also compared the age groups affected by internet crime. Victims aged above 60 had the most damage ($339 million) and the most cases (55,043). People between the ages of 30 and 39 had the second most cases (54,670); however, they lost only 56 percent ($190 million) to the criminals compared to those over 60. Young persons under the age of 20 had both the least amount of cases (10,004) and damage ($6.7 million).

ic3-2016-internet-crime-report-highlights-infographic-2.jpg


The post FBI: Hackers Extorted $28 Million in Cryptocurrencies Last Year appeared first on Bitcoin Magazine.

Posted on 27 June 2017 | 10:48 am

Indian States Look to Launch Blockchain Land Registry Efforts

New details have emerged about some of the blockchain applications being pursed by state governments in India.

Source

Posted on 27 June 2017 | 10:20 am

Bitcoin Development Similar to 1800s Gold Rush: Expert - CoinTelegraph


CoinTelegraph

Bitcoin Development Similar to 1800s Gold Rush: Expert
CoinTelegraph
Present day Bitcoin and altcoin development appear to be recounting a theory that played out in the early mining industry. As was the pattern during the actual gold rush of the 1800s, while some people took the risk and spent their time looking for ...

Posted on 27 June 2017 | 9:30 am

China's Central Bank Vows to Push for Blockchain in Five-Year Plan

The People's Bank of China has indicated it intends to support the continued development of blockchain tech as part of a new strategic plan.

Source

Posted on 27 June 2017 | 8:45 am

Hyperledger Fabric Blockchain Publishes Software Release Candidate

The developers behind the open-source Hyperledger Fabric blockchain project have issued the software's first official release candidate.

Source

Posted on 27 June 2017 | 6:05 am

How The Bitcoin Revolution Will Affect Entrepreneurs - Forbes


Forbes

How The Bitcoin Revolution Will Affect Entrepreneurs
Forbes
It's been dubbed digital gold for Millennials and anybody else with a sense for good investments. Virtual currencies like Bitcoin are revolutionizing how we make transactions and interact with our global financial system. These unconventional and ...
Bitcoin Price, ExplainedCoinTelegraph
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The Merkle -newsBTC
all 71 news articles »

Posted on 26 June 2017 | 6:01 am

Blockchain-Based Remittance Companies Win at RemTECH Awards Ceremony

RemTech Awards

The global remittance industry’s blockchain-based startups got a boost recently at the Remittance Technology (RemTECH) awards held at the United Nations in New York, from June 16 to 18 as part of the UN Global Forum on Remittances, Investment and Development.

Of the 11 award-winning remittance companies, five startups built on the blockchain were winners. The entries were judged on price, speed, the onboarding of enterprise clients (for white label solutions) and seamless delivery.

The aim of the RemTECH awards is to showcase the most innovative and outstanding ideas, models and projects designed to improve remittance services worldwide by improving transparency, speed, cost and reliability for companies and end-users that send and receive remittances.

Hugo Cuevas-Mohr, Director of the RemTECH Awards, told Bitcoin Magazine:

“Even though large money transfer companies still don’t see the importance of the breakthroughs of blockchain-based and Bitcoin remittance startups, the RemTECH Judging Panel was impressed by some of the solutions presented by companies like Bitso and Everex, just to name two of them.”

“The Awards gave new blockchain startups a chance to shine in the spotlight of the United Nations Forum where the public and private sector met to discuss the challenges of the remittance industry. At IMTC (International Money Transfer Conferences) we are striving to create this dialog of incumbents and fintech firms to work together and create win-win partnerships. It’s not easy but it is happening,” added Cuevas-Mohr.

Bitcoin and blockchain services AirPocket, Bitso, Everex, Moneytis and Trulioo took home the following awards:

Remittances and Financial Inclusion: AirPocket

AirPocket, built on the Bitcoin blockchain, serves Latin America with tens of thousands of payout locations and is supported by the top banks in each country.

Pioneering Spirit: Bitso

Mexican bitcoin exchange Bitso, which raised $2.5 million last September, has been working with Canadian payments startup Paycase to create a new remittance corridor between the two countries and send funds from bank accounts in Canada to Mexico.

Most Innovative Service: Moneytis

Bitcoin blockchain-based Moneytis aims to offer the lowest possible fees to help empower unbanked groups in the developing world. They also have a notification service that monitors all exchange rates in real-time and sends alerts when a significant change happens.

Potential for Growth: Trulioo

Trulioo is a Canadian blockchain-based financial technology company that in addition to remittance services, offers identity verification services for businesses and organizations worldwide using government and private databases.

Service Originality: Everex

Everex was the only Ethereum-based platform nominated. In addition to its contributions to remittance services, Everex has also developed a system for placing national currencies on the blockchain. By doing so, Everex allows people living in cash-based societies to earn a public financial reputation.

“The judges knew about Ethereum, and were excited by the ongoing experiments taking place on the network by individual users, small businesses and multinational corporations,” said Alexi Lane, CEO of Everex, in a statement. “This technology will transform the remittance industry and increase financial inclusion everywhere.”

Greta Geankoplis, a CEO and IMTC (International Money Transfer & Payments Conferences) advisor and entrepreneur who has developed blockchain systems and technology, co-chaired the judges panel. She told Bitcoin Magazine:

“Blockchain (and some Bitcoin specifically) platform-based companies competed shoulder to shoulder with older technology for delivering cross-border value to diverse customers in widely varying environments.

But this is just the beginning. Blockchain platforms in the $700 billion remittance industry holds the promise of leveraging many other needed services in the fastest growing markets: mobile based, micro insurance, loans, education, and remote healthcare to name a few.”

Other blockchain-based companies that were nominated for a RemTECH award included Bitex, Cashaa, DigitalX and OKLink.

The post Blockchain-Based Remittance Companies Win at RemTECH Awards Ceremony appeared first on Bitcoin Magazine.

Posted on 22 June 2017 | 11:18 am

Bitcoin reaches new all-time high: $ 3,000

Posted on 12 June 2017 | 1:06 am

Consulting firm EY Switzerland accepts Bitcoin

Posted on 26 November 2016 | 12:47 am

Bitcoin Trading Bots

There have been a wide variety of situations in which algorithmic trading programs have proven to be beneficial for investors. However, investors who only trade a cryptocurrency can also take advantage of bitcoin trading bots. Through bitcoin bot trading, traders can become more flexible and prompt, minimize errors and process information more rapidly. At this… Read More »

Posted on 8 November 2016 | 6:20 pm

Steam accepts Bitcoin

Posted on 29 April 2016 | 1:09 am

Microsoft accepts Bitcoin

Posted on 11 December 2014 | 5:06 am

PayPal and Virtual Currency

Posted on 23 September 2014 | 9:52 pm

Wikimedia Foundation Now Accepts Bitcoin

Posted on 30 July 2014 | 3:14 pm

German Newspaper "taz" accepts Bitcoin

Posted on 22 July 2014 | 1:32 pm

airBaltic - World’s First Airline To Accept Bitcoin

Posted on 22 July 2014 | 11:03 am

Bitcoin Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 pm

June 28, 2017 -
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