Bit News

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  1. R3CEV Blockchain banking consortium R3CEV almost has completed the largest in the industry round of funding. As it is expected, soon it will be able officially to announce the receipt of investments in the amount of $ 150 million. Read More
  2. Bitcoin exchange BTCC Bitcoin exchange BTCC confirmed the beginning of its checking by financial regulators. It will no effect on our work, BTCC says. "On January 11, 2017, a command of controllers, representing the Shanghai branch of the People's Bank of China, the Shanghai Finance Bureau, and others visited the BTCC office. During the meeting, we continued previous debates, described nuances of our biz format and operations. Additional meetings should be held on this week". Read More
  3. DTCC - IBM, Axoni and R3 The Depository Trust & Clearing Corporation (DTCC), the world's largest post-trade hub, has informed it would transform Trade Information Warehouse (TIW) using blockchain, this structure manages post-trading processing for all credit derivatives in the US market. The launch will be held in 2018. The main contractors are IBM, Axoni and R3. Read More
  4. Founder of Wikileaks During the last session of Ask Me Anything on Reddit, founder of Wikileaks, Julian Assange has confirmed that he is still alive. He read a Bitcoin block hash online. As it is known that 45-year-old Australian journalist last five years has hidden on the territory of the Embassy of Ecuador in London. At the same time, there are rumors about that he was killed or captured by the security services, Wikileaks could be under the control of US intelligence. Read More
  5. Bitcoin exchange BTCC The People's Bank of China and the Shanghai Municipal Finance Office started on Wednesday, Jan. 11, to check cryptocurrency exchange BTCC. Read More
  6. Blockchain technology Japan's Financial Services Agency has permitted the Japan Exchange Group (JPX) to apply new financial technologies, including blockchain. It is reported by Nikkei Asian Review. Previously, the regulator had limited activities of JPX branches related to currency transactions, but the new explanation of the rules of their work permit to set technologies that contribute to more efficient work of trading platforms. Read More
  7. DTCC - blockchain The Depository Trust & Clearing Corporation (DTCC) has announced the start of the practical adoption of blockchain technology, utilizing it for clearing and settlement transactions with credit derivatives. Read More
  8. Documentary about Bitcoin A documentary called Banking on Bitcoin came out on January 6. It dedicated to the History of Bitcoin, key events of recent years. It proposes to look to the future of crypto technology. Read More
  9. Bitcoin’s volatility New Chappuis Halder & Co's work notes that by 2019 the volatility of Bitcoin will get the same mark as fiat money. In it was examined the question whether it is feasible to forecast the worth of the digital coin as the worth of any other coin. The research’s target was to form a sample that could forecast the demeanor of the digital coin's prices or determine its prospective costs within certain ranges. Today, such model prevails for various coins. The research's target was specifically to realize the conduct of Bitcoin prices. It provides a sketch of its logistics, the Blockchain technology then explains aspects affect the worth of the asset. Read More
  10. Bloсkchain apps The Institute for Development & Research in Banking Technology (IDRBT) reported on the successful testing blockchain solutions developed for the local finance system. According to CryptocoinNews. IDRBT's report, entitled, "Apps of Blockchain Technology to Banking and Financial Sector in India", indicates the studies have been carrying out over the past two years by a small group of developers. At the same time, scientists, banks and companions were involved as consultants. Read More
  11. The U.S. Securities Exchange Commission (SEC) has once again postponed the consideration of SolidX's application. In concordance with the document published this week, the question should be considered until 30 March 2017, reported This is the second postponement in the consideration of SolidX’s listing - in September 2016, the SEC similar deferred the verdict, arguing it needed more time to review the application and make the appropriate changes to the current rules. Read More
  12. Ethereum Foundation A new undercover project is emerging in financial circles of Wall Street. Its main goal is to turn Ethereum in a more convenient and practical tool for corporate utilizers. Read More
  13. Bitcoin After several weeks of rapid growth, suddenly the Bitcoin course on Thursday, 5 January, went down. Within a few minutes, the cost of the сoin on global exchanges fell by more than $ 200, dropping below $ 900. Read More
  14. Chief of Digital Currency Group Barry Silbert, Chief of Digital Currency Group, said he would abandon shares in 2017. Instead, in order to preclude global financial crisis plus economic unsteadiness, he is going to concentrate on digital coins: Bitcoin, Ethereum Classic, and ZCash. Bitcoin’s rally above $ 1,000 has significantly changed the outlook of large investors and concerns. The recognition of the digital coin as a worldwide value amid growing Fed indexes and compressing government rules on conventional assets is pushing the price up. Read More
  15. Winklevoss Bitcoin Fundd The U.S. Securities and Exchange Commission (SEC) has once again postponed a decision upon ETF of the Winklevoss twins. Earlier it was expected the possible positive decision would be made until January 10, but the deadline was postponed until 11 March, according to MarketWatch. Read More