Factom Signs Deals for Blockchain Notarization Services and “Smart Cities” in China

Blockchain-based data management solution Factom is set to integrate its technology with Ancun Zhengxin’s electronic data notarization services in China, International Business Times reports. Earlier in February, Factom signed a deal with technology consulting firm iSoftStone to collaborate on a “smart cities” initiative for several regions in China. Factom says it wants to apply blockchain ...

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Kraken Reports 2x Increase in New Accounts After U.S. Expansion

The world’s largest Bitcoin exchange by euro volume, Kraken, acquired New York City-based exchange Coinsetter and Canada’s first exchange, Cavirtex, on January 19, enabling an immediate expansion into the North American market. In a related deal, Kraken also secured a strategic partnership with American payment provider SynapsePay, enabling institutional clients and individuals in 37 states to process domestic deposits and withdrawals in ...

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XBT Provider Sees Growing Bitcoin Demand: "Private Blockchain Hype Will Translate to Higher Bitcoin Prices at a Later Stage"

XBT Provider, a Swedish company that has launched the world’s first Bitcoin-backed instrument on a regulated exchange (Nasdaq Nordic) is planning a global expansion following its success in the Scandinavian region. The firm manages two Bitcoin instruments called Bitcoin Tracker One and Bitcoin Tracker Euro. The latter was launched with the approval Sweden’s financial supervisory authority, Finansinspektionen, on October 5, ...

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New OBPP Report Outlines Troubling State of Privacy in Bitcoin Wallets

Although Bitcoin has a reputation as a haven for criminals who wish to transact online in an anonymous manner, it doesn’t appear the currently available wallet options are very helpful for this potential use case of the digital cash system. In their second edition of the Bitcoin Wallet Privacy Rating Report, released Sunday, the Open Bitcoin Privacy Project (OBPP) has ...

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Korea’s Kookmin Bank Partners With Coinplug to Develop a Blockchain Forex Application

Kookmin Bank, one of South Korea’s largest commercial banks and one of the four largest financial institutions in the country by asset value, has secured a partnership with Bitcoin wallet service and merchant payment solutions provider Coinplug to develop a blockchain-based foreign exchange business model. The bank will collaborate closely with Coinplug, which registered several blockchain technology patents under its ...

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Why Some Changes to Bitcoin Require Consensus: Bitcoin’s 4 Layers

The long-lasting block size dispute and the recent introduction ofseveral new Bitcoin implementations highlighted that not all Bitcoin nodes apply the exact same rule –  and, perhaps more important, that not all development teams apply similar policies when it comes to implementing these rules. The development team behindBitcoin Core, Bitcoin’s historic “reference client,” requires widespread community consensus before it implements ...

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‘Bitcoin Always Needed More Than One Body of Developers’: An Interview With Libbitcoin’s Eric Voskuil

Launched in 2011 by an ensemble of dedicated open-source developers led by Bitcoin’s rebellious hacker Amir Taaki, Libbitcoin was born a tool of resistance.  Offering an alternative to the original Bitcoin client, its goal was to diversify the Bitcoin development ecosystem, ensuring no single development team retained effective control over the network. “Centralized software is vulnerable to the dictates of whoever controls ...

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Why the Great Firewall of China Is Causing Serious Issues for Bitcoin Miners

What’s wrong with increasing the block size limit? This is the question that a portion of the Bitcoin community has been asking almost nonstop since the controversy around this possible alteration to the protocol went into hyperdrive last year. In a recent appearance at Bitcoin Meetup Switzerland, Bitcoin Core Contributor Jonas Schnelli covered at least one possible issue with raising ...

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ChangeTip Launches ChangeTip Wallet, a Decentralized Version of Its Social Tipping Service

This post is by John Camdir. San Francisco based Bitcoin microtransactions startup ChangeTip announced the launch of a new service called ChangeTip Wallet today. ChangeTip Wallet is being launched as a decentralized version of ChangeTip’s social tipping service ChangeTip. ChangeTip Wallet will offer the same services as ChangeTip but it is decentralized and has fewer restrictions in terms of account size, transaction ...

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Bitcoin Mining Company Butterfly Labs Settles Case With Federal Trade Commission for $38.6M

This article is by Rebecca Campbell. Butterfly Labs has agreed to settle the Federal Trade Commission’s charges of making misleading claims about their products to their customers. In a lawsuit that has dragged on since September 2014, the Kansas-based Bitcoin company presold computer hardware that was optimized for mining Bitcoin, charging as much as $30,000 for the specialized hardware. According to the ...

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