Month: September 2017

Deloitte has become the latest major corporation to fall victim to hackers, with rumors suggesting five mln emails are at risk. Reports surfacing Tuesday mention six “blue-chip” customers across the firm’s international presence have felt an “impact” from a hack which “went unnoticed for months,” according to the Guardian. A dedicated task force is attempting to find the source of the attack, while blame is already pointing to lax security setups. Like the now infamous Equifax breach which surfaced earlier Read more …

A well-known gold dealer based in London is now accepting bitcoin payments for its precious metal products. The company, Sharps Pixley, announced on September 26 that it would begin accepting the cryptocurrency through a partnership with payments processor startup BitPay. In statements, representatives from the firm framed the move as a way to offer wealthier clientele a way to invest in gold using their cryptocurrency holdings instead of fiat money. “It is our view that many investors in bitcoin would Read more …

Regulation South Korea’s Ministry of Science and ICT and Korea Communications Commission reportedly announced that they will conduct on-site inspections of cryptocurrency service providers including bitcoin exchanges. They will focus on the cybersecurity of these providers and their compliance with privacy laws. Also read: Japan’s Financial Authority to Begin Bitcoin Exchange Surveillance Next Month On-Site Inspections The Korea Communications Commission and the Ministry of Science and ICT announced on Tuesday that they will cooperate to conduct on-site inspections Read more …

Banks in Japan are considering creating a digital currency, the J-Coin, intended to eliminate cash as a payment option. The news broke through an article indicating that the coin is being planned with the blessing of financial regulators for before the 2020 Olympic Games in Tokyo and is intended to streamline the financial system. Recently, Japan has once again become the largest Bitcoin exchange market with 50.75 percent market share of the global Bitcoin exchange market. But Japan is currently functioning as a Read more …

Bitcoin, bitcoin cash, bitcoin gold? There could be as many as four cryptocurrencies bearing the bitcoin name if a small group of miners and developers carry out a planned fork of the blockchain this month. Styled as a rebellion of sorts, bitcoin gold aims to follow a similar launch plan as bitcoin cash – the blockchain that split from bitcoin this summer by way of a “hard fork.” The idea of the project is to release an improved protocol, one that will challenge Read more …

News This week Kolin Burges of the website “Mtgoxprotest,” wrote an interesting new blog post called “Who will get our 200,000 bitcoins?” After attending a few creditors meetings, Burges is upset about the Mt Gox bankruptcy process, because when it finally comes to an end claimants will likely only receive $483 per BTC. Further Mt Gox victims are still uncertain about the bankruptcy trustee’s plan, and no one truly knows when claimants will be paid due to Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Astronaut, the highly anticipated ICO management platform, continues a successful presale raise with over US$1.2m in contributions as of Monday the 25th of September. Astronaut is a platform which seeks to gain exposure to a specific selection Read more …

Technology Founded by Abraham Cambridge and co-founder Larry Temlock in 2016, The Sun Exchange (Sunex) is an innovative company seeking to use bitcoin as a vehicle to enhance access to solar energy throughout South Africa. Sunex allows investors to purchase solar cells, before distributing returns on power generation in the form of bitcoin or South African Rand. Also Read: South Africa’s Second Largest Supermarket Chain Pick n Pay Trials Bitcoin Payments The Sun Exchange Lets Members Purchase Solar Read more …

Key Highlights Ethereum classic price gained momentum intraday and moved above $11.80 against the US Dollar. There is a major bullish trend line forming with support at $11.20 on the hourly chart of ETC/USD (Data feed via Kraken). The pair is now in the bullish zone and eyeing further gains above $12.00 in the near term. Ethereum classic price managed to outpace negative sentiment against the US Dollar and Bitcoin. ETC/USD is now above $12.00 and looking to extend gains. Read more …

Key Highlights ETH price failed to move above the $295 level against the US Dollar and traded down. There was a break below yesterday’s highlighted bullish trend line with support at $291 on the hourly chart of ETH/USD (data feed via SimpleFX). There is now a new connecting bearish trend line forming with resistance near $290.50. Ethereum price is again heading south against the US Dollar and Bitcoin. ETH/USD might correct further lower towards $282 in the near term. Ethereum Read more …

Nowadays there is no doubt that the technological potential of Blockchain is immense, and its uses will only grow with time. And while some companies are still focused solely on its application to handle payments, others are about to change a whole industry by activating the decentralized power of the crowd through a custom-made token. Meet Dentacoin – the first integral Blockchain Solution for the global dental industry, aimed at improving dental care worldwide and making it affordable. Through the Read more …