IBM on French Hiring Spree to Launch Blockchain and AI Projects

IBM has announced that it will be creating 1,800 jobs in France for its emerging-tech initiatives, including distributed ledger technology development. The American multinational technology company has recently shown off a salt-grain computer designed to spread blockchain to the masses. IBM to Add 1,800 Jobs In France for Tech Initiatives, Including Blockchain The International Business

The post IBM on French Hiring Spree to Launch Blockchain and AI Projects appeared first on NewsBTC.

Bitcoin Pressured as Federal Prosecutors Investigate Price Manipulation

The U.S. Justice Department has opened a criminal investigation into cryptocurrency price manipulation purported by market participants. In the meantime, Bitcoin continues to move lower towards the $7,000 line in an overall gloomy week for digital currencies. U.S. Justice Department Launches Criminal Investigation Into Cryptocurrency Price Manipulation U.S. federal prosecutors are working with the Commodity

The post Bitcoin Pressured as Federal Prosecutors Investigate Price Manipulation appeared first on NewsBTC.

Banks Lose International Payments Business to Disruptive Solutions Like Blockchain

Transaction banking faces continued pressure from disruptive solutions from blockchain and cryptocurrency ventures, which are taking a significant share of a once-upon-a-time undisputed market. While bleeding customers and transaction volumes, banks remain confident that its legacy technology is ‘good enough for now.’ Banking Industry in Denial While Losing International Payments Business Over the last year,

The post Banks Lose International Payments Business to Disruptive Solutions Like Blockchain appeared first on NewsBTC.

Binance Postpones Listing of ZenCash Following Pump and Dump

Binance, the world’s largest digital-asset exchange by traded value, has announced the listing of ZenCash (ZEN) today, only to see the currency’s network overload due to a price pump, which led the operator to postpone the listing until their blockchain is stable. ZEN is currently trading at the $40 area and Binance is about to list the

The post Binance Postpones Listing of ZenCash Following Pump and Dump appeared first on NewsBTC.

Survey: Most Cryptocurrency Traders are Young with Little Experience

Social trading platform eToro has analyzed the profiles of its users who invested in cryptocurrencies between March 2017 and February 2018. The report reveals that Ripple (XRP) is the most traded digital currency on eToro’s marketplace. eToro Reveals Popularity of Crypto-Investment By Age, Gender, And Job Sector Global trading and investment platform eToro has reported

The post Survey: Most Cryptocurrency Traders are Young with Little Experience appeared first on NewsBTC.

US Regulator Issues Guidance for Cryptocurrency Derivatives Contracts

The U.S. Commodity Futures Trading Commission (CFTC) has published new guidance to exchanges and clearing houses for cryptocurrency derivatives listings. The move was long awaited by the trading industry amid concerns over the vetting process for new contracts. CFTC Publishes Rules for Cryptocurrency Derivatives Contracts The advisory from the CFTC, headed by Amir Zaidi, director of

The post US Regulator Issues Guidance for Cryptocurrency Derivatives Contracts appeared first on NewsBTC.

Cryptocurrency Market Dropped $52 Billion in Blockchain Week, Factors and Trends

Blockchain Week New York City aka Consensus 2018 was highly anticipated within the cryptocurrency ecosystem with many analysts expecting the event to trigger a new bullish momentum for Bitcoin and altcoins. The market, however, managed to lose $52 billion during the week of the conference. Consensus 2018 Turned Out to be a Dud for Bitcoin

The post Cryptocurrency Market Dropped $52 Billion in Blockchain Week, Factors and Trends appeared first on NewsBTC.

Future of Cryptocurrency in India Uncertain, Fate to be Decided in Summer

India, one of the largest countries in the world with a population of 1.3 billion potential future users of cryptocurrencies, remains in a legal limbo as cryptocurrency exchanges await more clarity from the Reserve Bank of India (RBI) and the country’s supreme court. Operators have recently been barred by banks, under orders from the central

The post Future of Cryptocurrency in India Uncertain, Fate to be Decided in Summer appeared first on NewsBTC.

Pacific Island to Establish its Own Government and Cryptocurrency With 300 Households

The government of French Polynesia, an overseas collectivity of France in the South Pacific, is supporting a pilot program aiming to develop an off-shore housing that uses its own currency and operates outside of government regulations. The project is funded by a company called Blue Frontiers, which is planning to launch an initial coin offering

The post Pacific Island to Establish its Own Government and Cryptocurrency With 300 Households appeared first on NewsBTC.

Australia is Exploring the Blockchain for Welfare Payment Distribution

Australia’s Digital Transformation Agency (DTA), which works with government agencies, users, and private sector partners to develop public services, has announced it is studying the use of blockchain for welfare payment distribution. A prototype could be in the market come mid-2019. Australia May Deliver Welfare Payments over Blockchain The approved Australian 2018-19 Budget last week included

The post Australia is Exploring the Blockchain for Welfare Payment Distribution appeared first on NewsBTC.