13 - 19 June 2015
Bitcoin price went up mid-week. Some are speculating that this is because of increase in demand from Greece in fears of Grexit while others seem to suggest otherwise. This article provides a good summary of whether Greece was behind the mid-week price surge.
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The price of bitcoin broke out this week, spiking to a high of $257 on 17th June in what amounted to a jolt of life for the bitcoin economy.
San Francisco-based digital currency exchange Kraken has launched a new dark pool for bitcoin trades.
Chain.com has partnered with Gyft to power USD digital gift card issuance, transfer, and redemption for their small and medium businesses that are using Clover terminals.
New York-based bitcoin hardware wallet provider Case (formerly CryptoLabs) has raised $1.5m in new seed funding.
Fred Wilson offers a solution for banks who are uncomfortable with unknown miners managing their infrastructure - participate in bitcoin mining! Banks could even create a mining pool and blockchain applications can then route its transactions to certain miners to process.
During his talk at IDX Derivatives Expo in London, Alex Batlin, UBS Bank’s CIO mentioned that UBS is working on smart-bonds on the Bitcoin blockchain. The smart-bonds were described by Batlin as bonds where “risk-free interest rates and payment streams were fully automated, creating a self-paying instrument.”
Finextra: Estonia's LHV Bank is tapping blockchain technology for an experiment that will see it issue EUR100,000 worth of "cryptographically protected" receivables claims against the bank.
Guillaume Lebleu, Head of Gyft Block at Gyft explains the problems with gift cards 1.0 and how the blockchain can resolve these problems.
The creators of btc.sx have launched their next product, Magnr, an interest-paying savings account for Bitcoin at roughly 2.18% AER interest rate.
JoyStream rewards seeders for providing bandwidth with micropayments, and this leads to much higher download speeds on all content.
Bitcoin was supposed to result in the bitcoinization of the world; instead, JP Koning argues that the world of bitcoin is being dollarized.
After hearing from a broad range of witnesses in Ottawa, the Committee has concluded that digital currencies and their technologies present a variety of opportunities. In the Committee’s view, it is likely that the innovation underlying these currencies and technologies has applications that have not yet been imagined. A key focus, then, is the actions that the federal government and other entities could take to maximize those opportunities.
Sandhill Exchange has reported that it has been fined by the Securities and Exchange Commission.The Menlo Park startup has stated it was fined $20,000 USD for various violations and that the company is settling with the commission.
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