Students at elite business schools bypass Wall Street for Blockchain

Students at elite business schools bypass Wall Street for Blockchain

Students from elite business schools are increasingly attracted to job opportunities in blockchain. Stanford will teach its first comprehensive class on blockchain and cryptocurrencies in spring 2018. Blockchain was the second fastest-growing skill in the third quarter out of more than 5,000 skills tracked by the online freelancing site Upwork.   A growing number of…

Bitcoin Exchanges Struggle With Massive Influx of Users

Bitcoin Exchanges Struggle With Massive Influx of Users

A rollercoaster ride of a week for Bitcoin has seen exchanges suffer outages as current and new users clamored to trade the sought-after virtual currency. Popular exchange Coinbase and other exchanges saw a massive surge in the volume of traffic on their exchange – causing delays for users on their platforms. The exchange eventually had to…

Almost Half of ICO Funding Goes to Europe, Report Finds

Almost Half of ICO Funding Goes to Europe, Report Finds

Startups in Europe raised more capital through initial coin offerings (ICOs) in the last three years than any other region on the planet, according to a study released Thursday. More than a third of all ICOs – 40% – are based in the European Union (EU), according to the analysis by venture capital firm Atomico. These 446…

Bitcoin Going Mainstream: Coinbase has more users than Charles Schwab has brokerage accounts. Adoption is growing.

Bitcoin Going Mainstream: Coinbase has more users than Charles Schwab has brokerage accounts. Adoption is growing.

If you think Bitcoin is still just a fringe economic event, consider that Coinbase has more users than Charles Schwab has brokerage accounts. Adoption is growing. In a sign of growing mainstream acceptance, digital currency exchange Coinbase now boasts more accounts than brokerage firm Charles Schwab. According to its website, Coinbase has 13 mln users…

(US Defense Bill NDAA) Modernizing Government Technology Act (MGT) Could Give Big Boost to Blockchain

(US Defense Bill NDAA) Modernizing Government Technology Act (MGT) Could Give Big Boost to Blockchain

An obscure provision tucked into a defense spending bill could serve as a springboard for blockchain adoption across U.S. government agencies. Part of a larger bill called the National Defense Authorization Act (NDAA), the Modernizing Government Technology Act (MGT) will allow the public sector to redirect cost savings (which normally must be returned to the Treasury…

Major ATM Manufacturer Integrates Bitcoin, Exposure to Millions of Users

Major ATM Manufacturer Integrates Bitcoin, Exposure to Millions of Users

South Korea’s Hyosung, one of the largest ATM manufacturers in Asia, which also has its headquarters in Texas, has officially integrated Bitcoin into its international ATM models.     Importance of Hyosung’s Bitcoin integration Since 2014 Hyosung has collaborated with leading Bitcoin service providers within the South Korean cryptocurrency industry such as the Tim Draper-backed…

Bitcoin Going More Mainstream: Targets $10 Billion in Institutional Investment Funds

Bitcoin Going More Mainstream: Targets $10 Billion in Institutional Investment Funds

Coinbase CEO Brian Armstrong officially introduced Coinbase Custody, a platform targeted at institutional investors. The new product is intended to be ultra-secure: We are designing Coinbase Custody to meet the needs of institutional clients. In particular, we feel that institutional clients require: Strict financial controls (multiple signers, audit trails, limits, etc) Dedicated account representatives and…

Interesting Read On ICO Definitions: “purposeful” vs “poorly disguised, illegal, unregistered security offering”

Interesting Read On ICO Definitions: “purposeful” vs “poorly disguised, illegal, unregistered security offering”

Zoe Dolan is a lawyer focusing on crypto and blockchain projects, fintech and start-up business representation, and constitutional rights and freedoms. She is an experienced federal trial and appellate attorney and the author of various books. In this opinion piece, Dolan proposes a practical way to structure token sales that complies with securities laws and…

EU: Commission Releases Report “Blockchain in Education”

EU: Commission Releases Report “Blockchain in Education”

EC Releases Report on Possible Blockchain Applications in Education The European Commission has published a report on its study on the possible applications of Blockchain technology in the education sector. Among the things that were analyzed by the commission are the feasibility, challenges, benefits and risks of the use of the technology in schools and…

$16 Bln Payments App Square Integrates Bitcoin

$16 Bln Payments App Square Integrates Bitcoin

Earlier this week, $16 bln payments app Square officially integrated Bitcoin into its mobile platform, enabling three mln active users to buy, sell and store Bitcoin seamlessly. Jack Dorsey, the CEO at Twitter and Square, particularly expressed his enthusiasm towards the potential of Bitcoin as a robust store of value, and the Square team’s optimism…

Another layer sandwiched between the Blockchain and Lightning?

Another layer sandwiched between the Blockchain and Lightning?

[References to “Blockchain” refer to the only Blockchain (PoW, which also runs Bitcoin) — TJACK]   Researchers are putting new effort into developing bitcoin’s Lightning Network. With the Segwit2x hard fork – which looked to increase the bitcoin block size parameter to 2MB – suspended, ETH Zurich researchers Conrad Burchert and Roger Wattenhofer and Blockstream…

Kik Might Just Move Its ICO Tokens to a New Blockchain

Kik Might Just Move Its ICO Tokens to a New Blockchain

Kik, the first mainstream company to complete an initial coin offering (ICO) on ethereum, is reportedly considering whether it might migrate its token network to a new blockchain. The social messaging platform, which raised $98 million in its token sale earlier this year, first broached the subject late last month on the Kin Foundation’s Telegram tech channel.…

Real Time Transfers: MasterCard has filed a patent on its own blockchain-based money transfer solution

Real Time Transfers: MasterCard has filed a patent on its own blockchain-based money transfer solution

In about 2014, most bitcoin companies quickly pivoted to the “next big thing”: blockchain. Among them were the financial and fintech houses that were eager to avoid SEC scrutiny of their cryptocurrency holdings but were happy to use blockchain technology to speed up transaction times. Many of those early efforts are now apparently bearing fruit.…