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The Consumers’ Research Executive Director Joe Colangelo unveiled a new blockchain whitepaper titled “Bretton Woods 2015: the Promise of Bitcoin and the Blockchain” at the North American Bitcoin Conference held in Miami on Friday, January 22nd, 2016. The whitepaper provides a summary and analysis of the “Bretton Woods 2015” Bitcoin & Blockchain workshop/seminar that was attended by an A-list cast …
The Latest Bitcoin News
January, 2016
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25 January
CoinDesk: 5 Main Points from UK Gov’t Blockchain Report
Summary: CoinDesk has gone through the recent UK Government Blockchain Report prepared by their top Chief Scientific Advisor. Here are the five main points made in the report they think you should know about. UK Gov’t should take the lead as an “expert customer” and begin incorporating blockchain technology into gov’t services today so they can help shape its future. …
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25 January
Australian Craig Wright is “Officially” Not Satoshi Nakamoto
Summary: In early December, 2015, Gizmodo and Wired both reported that they had (once again) uncovered the secret identity behind Bitcoin’s anonymous creator, Satoshi Nakamoto. They tapped a relatively unknown “Australian genius” named Craig Wright. An anonymous source had provided the publications with “credible” proof to back up their claim that Craig Wright was the mysterious and elusive Satoshi Nakamoto. Although the …
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20 January
People’s Bank of China To Launch Own Digital Currency
Summary: The People’s Bank of China, China’s Central Bank, released a statement on January 20th, 2016 that they are looking into the possibility of launching their own digital currency. A meeting was held, attended by the governor and deputy governor of the PBOC and “currency experts” from Deloitte and Citibank. According to the statement, the meeting was ‘overall positive towards …
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20 January
R3CEV Tests “Proof of Concept” Private Blockchain with 11 Partner Banks
Summary: R3CEV, or simply R3, is the big-bank funded startup that is working to research and create blockchain products for use in banking. They currently have support from 42 banks around the world. The consortium has announced today that they have completed a proof of concept test involving 11 banking partners, including Barclays, Credit Suisse, and Wells Fargo. The test …
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19 January
BitGo unveils new product “Instant,” Shapeshift.io enables it for ‘lightning fast exchanges’
Summary: BitGo, the leading multi-signature wallet service provider, has released a new product called “BitGo Instant.” It allows BitGo customers to make instant transactions with BitGo partners, including Bitcoin exchanges BitStamp, BitFinex, and ShapeShift.io’s no-account-needed Altcoin exchange. For the user, this means that as soon as they send a Bitcoin transaction the funds will be credited to their account — …
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19 January
Kraken Acquires Bitcoin Exchange Coinsetter
Summary: Bitcoin exchange Kraken has acquired New York-based Bitcoin exchange Coinsetter (which itself acquired Canadian Bitcoin exchange Cavirtex) in an effort to get back into the North American Bitcoin trading market. Kraken is well known throughout Europe and Asia as a top-tier Bitcoin exchange. Although headquartered in San Francisco, Kraken left the U.S. trading market in 2014 citing issues with banking …
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18 January
The New BitcoinCenterNYC.com
Bitcoin Center NYC is the best place to keep up with the latest Bitcoin, blockchain, and other cryptocurrency news and developments. Our editors scour the Internet to find all the information that you need to know! You will find links to the best articles, with a summary and (sometimes) analysis. Feel free to add in your $0.02 (or 0.00005BTC) in …
October, 2014
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2 October
Bitcoin 101
Bitcoin is an entirely digital currency done in a way never before seen. Based on open source code, Bitcoin is decentralized and all transactions are completely peer-to-peer – there are no middlemen such as banks or payment processors. Bitcoin transactions happen in seconds and are extremely cheap – there is a flat fee of about $0.05 to send Bitcoin to …