Florida Man Charged In Connection With Illegal Bitcoin Exchange

U.S. prosecutors late last week charged a Florida man in connection with an illegal bitcoin exchange. According to a report by Reuters, Ricardo Hill, 38, was arrested in Florida in October and charged with conspiring to operate an unlicensed money transmitting firm. Hill is linked to an illegal bitcoin exchange owned by a person in Israel that … Read more

Ethereum Classic Price Technical Analysis – ETC To Remain In Downtrend?

Ethereum classic price may remain in a downtrend against the Bitcoin, as even the higher time frame charts are turning bearish at the moment. SPONSORED ARTICLE:  Tech Analysis articles are sponsored by SimpleFX – Simple as Never Before, SimpleFX is a robust online trading provider, offering trading with Forex CFDs on Bitcoins, Litecoins, indices, precious … Read more

Ripple & Coinbase Want to Operate in New York

A notice published on the The New York State Department of Financial Services’s (NYDFS) website shows that the state agency received application from both companies on April 28th, 2016. These notices are generally published after cryptocurrency firms have already completed the necessary paperwork — signaling that the licensing process is nearly complete. However, the time-frame … Read more

IBM’s Cloud-Based Blockchains Secure & Regulatory Compliant

IBM believes that with better security and satisfying corporate requirements early on, it can allow anyone to securely operate distributed ledger framework in the cloud. Developers can apply this protocol to government services, healthcare, and financial applications without worrying about compliance. Jerry Cuomo, vice president, Blockchain IBM says clients they spoke with want top-notch security … Read more

Wall Street is Blockchain’s Weak Link

Blockchain — the “B”-word — is in vogue among bankers. UBS CEO Sergio Ermotti said this month the technology could disrupt the current financial system. JPMorgan and Citigroup were among several banks to pour over $50 million into Blythe Masters’ blockchain startup, Digital Asset Holdings, in January. A group of 40 banks is trialing the … Read more