Ethereum Testnet Successfully Verifies ZCash Transaction’s zkSNARKS

Bringing more privacy to the Ethereum blockchain is not an easy feat. To do so, developers have to implement a bunch of new code. The obvious solution is integrating zkSNARKS, which are also used by ZCash. It now appears the Ropsten testnet successfully verified this particular component of a ZCash transaction. A big step forward for the developers looking to bring more privacy to Ethereum in the future. Up until this point, the Ethereum blockchain has been unable to “read” Read more …

Urbit Is Moving Its Virtual Server Galaxy Over to Ethereum

Urbit, the galactically inspired network of cloud servers, has announced plans to rebuild its infrastructure based on ethereum tech. A network of P2P personal cloud servers that conceives of itself as “virtual real estate,” Urbit has always borne a certain kinship to blockchain technology, but never deployed a blockchain as part of its infrastructure. However, the test version of Urbit, which has been online for about a year, will now be upgraded to use ethereum’s smart contracts. According to a blog Read more …

Bitso Exchange Raises Cryptocurrencies for Mexican Earthquake Victims

Crowdfunding The Mexican bitcoin exchange Bitso has announced they are soliciting donations for victims of the 7.1 magnitude earthquake that took place on September 19. The trading platform was previously raising funds for the devastating quake that took place on September 7. Also read: Bitcoin Software Wars: Discussions Heat Up as November Hard Fork Approaches The Mexican Bitcoin Exchange Bitso is Raising Cryptocurrencies for Earthquake Charities in Mexico Mexico is having an unfortunate time with catastrophic earthquakes that Read more …

PR: Rocket ICO Soft Cap Reached

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. TheRocket ICO team is glad to announce that it has reached its soft cap of 500 ETH and continue to raise funds. 526 ETH were collected during the pre-ICO stage, which will last for another 5 Read more …

Genesis Vision Brings Blockchain to Crypto and Mainstream Financial Markets

Genesis Vision is a platform that has prospered in both the traditional private trust management markets and crypto assets management markets. With the emergence of blockchain technology, and consequently the newest generation of smart contract protocols, untapped niches have begun to surface, and most are all but ready to erupt in the coming months. Establishing a headquarters in Ireland, one of the few countries that are still very lenient toward ICOs, allows for the minimization of legal and other risks, Read more …

Blockchain History? IBM Ventures Is Close to Making Its First Industry Investment

The venture arm of one of the most recognizable names in the tech industry hasn’t yet put its money where its mouth is on blockchain – but that may be about to change. While global tech giant IBM has so far focused mostly on investing employee time and energy into the emerging technology, it’s only just now gearing up to take an equity stake in an industry startup. In what will no doubt be taken as a sign of the blockchain industry’s maturity, for Read more …

How digital currency can overcome wild reputation

A major problem for bitcoin is its extreme volatility, which is a cause of concern for many investors. A lack of liquidity may be to blame for the cryptocurrency’s volatile nature, an expert tells CNBC. “The high volatility I think is due to the low liquidity we have on exchanges today,” Cedric Jeanson, CEO of BitSpread, told CNBC’s Street Signs on Thursday. Bitcoin has attracted a lot of criticism in recent weeks from big names including JPMorgan’s Jamie Dimon and Read more …

Changelly Partners with Coinomi wallet

Changelly, the leading instant cryptocurrency exchange, has announced its partnership with Coinomi, one of the oldest, safest and most well-known wallets in the crypto industry. Coinomi has fully integrated Changelly’s API right into its wallet application, allowing users to easily swap between a wide range of listed cryptocurrencies. What is Changelly Changelly is one of the most popular instant cryptocurrency exchanges supporting over 65 coins. The exchange performs conversion between all the supported coins and tokens in easy and comprehensive Read more …

Australia Cites Blockchain In ‘Digital Economy’ Strategy Launch

Australia’s government is plotting an ambitious new Digital Economy initiative, citing the country’s previous work with blockchain and its future potential in a new public consultation call. The scope of the project is outlined in a new paper published this week by the The Department of Industry, Innovation and Science, which also includes a series of questions aimed to spur public debate around digitized businesses and services. Though none of the questions explicitly mention blockchain, the document highlights the technology in several areas, and Read more …

IBM Beats Microsoft in Blockchain Technology Deployment

Blockchain technology is cropping up everywhere these days, from copy machines to the financial industry. However, a recent survey called the “Blockchain Enterprise Survey” indicates that IBM is most successful at deploying Blockchain technology solutions. Undertaken by market research firm Juniper Research, the survey included four hundred top-level executives and concluded by ranking IBM before other industry giants like Microsoft and Accenture. The survey also painted an encouraging picture for the future of Blockchain technology. Among those who responded, 67 percent said they had already Read more …

Malaysia Legalizing Bitcoin? Bank Negara Issuing Guidelines for Crypto

In the wake of recent and painful Chinese cryptocurrency lockdowns, other countries are beginning to be more open to Bitcoin and others. A recent statement by Malaysia’s Bank Negara governor Tan Sri Muhammad Ibrahim at the Global Symposium on Developing Financial Institutions would indicate that Malaysia may be the next to open its doors to Bitcoin. The governor addressed a number of different financial sectors but stated clearly that the Bank Negara was working on cryptocurrency guidelines. He said: “We hope to Read more …

McAfee at Shape The Future; “Pandora’s box has been opened”

Conferences “Pandora’s box has been opened.” John McAfees’ words echoed through the halls of the Grand Hyatt in Hong Kong. The several hundreds of us that had gathered together on the 20th September were hanging on to his every word. Also read: Bitcoin Software Wars: Discussions Heat Up as November Hard Fork Approaches McAfee had perfectly captured the crypto enthusiasts’ sentiment. Blockchain technology has begun to erode governments’ control over money and will continue to do so. These Read more …