Month: December 2016

Bitfinex Token

Bitfinex Token Signals a Bright Future

Bitfinex’s extraordinary $60 million hack earlier in 2016 resulted in major changes at the exchange. The first, and most controversial, was the introduction of the Bitfinex Token (BFX). Essentially, it symbolized the losses of their customers and were issued in 1-1 to USD losses. What is a Bitfinex Token (BFX)? The Bitfinex token was created as …

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Swiss Bitcoin ATM

Swiss Creates Giant Bitcoin ATM Network

Largest Swiss Railway Convert 1000+ ticket machines into Bitcoin ATMs Swiss national railway company SBB is rolling out machines that facilitate Bitcoin purchases. This is aimed to be part of a two year initiate in Switzerland to test the market’s appetite for mechanisms that utilize Bitcoins for transactions.While bitcoins can be purchased, they won’t be …

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Goldman Sachs Blockchain Investment

Goldman Sachs Invests in Blockchain Startup Axoni, Divests R3

Goldman Sachs Divests R3, then Invests in Axoni Fortune reports that Mega Bank, Goldman Sachs has divested from R3, the important Blockchain startup created in 2014. Goldman Sachs did this by choosing not to renew their $100,000 yearly membership and failing to meet fundraising goals. R3 is currently looking to sell 90% of its equity to …

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China Venture Capital Bitcoin

More Bitcoin Venture Capital with Huiyin Blockchain Ventures

Bitcoin Venture Capital with Huiyin Group Multi Billion dollar Chinese based investment firm Huiyin Group has launched a subsidiary fund staking $20 million dollars (USD) in Bitcoin. Huiyin Blockchain Ventures (HBV), is a fund focusing solely on Bitcoin investments. The parent company boasts Huiyin Group manages diversified investments in commerce, energy, medicine, agriculture, tourism, electronics, chemicals, and food and …

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Gemini Exchange Bitcoin

Will the Gemini Exchange Revolutionize Bitcoin’s Reputation?

The Winklevoss Twins are most notorious for “inventing” the Facebook. These events were made into the popular film, the Social Network. Nowadays, it seems that the Bitcoin community can’t get away from their name. Currently, they are trying to get an ETF approved by the SEC for over a year. In the meantime, they helped …

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IRS Coinbase Request

IRS Wants Information on CoinBase Users

IRS Requests Data on Coinbase Users In an ongoing IRS’s effort to fight tax evasion the Internal Revenue Service working with a federal court has forced Coinbase, a major bitcoin wallet service company to hand over personal information of their users. They’ve targeted those who have made transactions between the year 2013 to 2015. Another …

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