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Tag Archives: BTC

This Robot Plant Needs You and Bitcoin to Reproduce

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If androids dream of electric sheep, then Plantoids dream of digital currency. The robot plant species, debuted at last month’s Ars Electronica festival by French artist group Okhaos, relies on bitcoin to stay alive and – once it has enough – even reproduce. How does it work? Just as bees …

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Bitcoin in the Headlines: Blockchain Scores Economist Cover

First Bloomberg, now The Economist.

Bitcoin in the Headlines is a weekly analysis of industry media coverage and its impact. In yet another sign that mainstream news coverage is all about blockchain technology, one of the world’s most prestigious financial publications devoted its front cover to the emerging technology – and the week was not …

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Bitcoin Price Hits New High for 2015

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The price of bitcoin has hit a new high for 2015, with the CoinDesk Bitcoin Price Index (BPI) peaking at $333.75 this morning. Bitcoin, which opened the day at $313.31, rose 6.5% to $333.75 at 8.16am (UTC). It has since decreased to $326.55 at press time. The cryptocurrency began the …

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How Payment Giants Are Embracing Bitcoin and Blockchain Tech

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MasterCard’s participation in Digital Currency Group’s undisclosed funding round sent ripples of excitement across the crypto-sphere earlier this week. While this is MasterCard’s first crypto-related investment, the multinational corporation is not the first mainstream finance company to dip its toe in the bitcoin and blockchain technology pool. Banks have publicly …

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Microsoft Rolls Out Ethereum Toolkit for Business Users

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Computing giant Microsoft is rolling out a toolkit that will let its enterprise users build on the Ethereum protocol. Thanks to a partnership with Ethereum collective ConsenSys, business users of Microsoft’s cloud-based Azure service will be able to access Ethereum Blockchain-as-a-Service, or ‘E BaaS’. The sandbox initiative, announced today, will …

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Ebay Files For Two Cryptocurrency Patents

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Multinational e-commerce giant eBay has filed two cryptocurrency-related patent applications. Published by the US Patent and Trademark Office (USPTO) last week, the applications were both submitted on 18th April last year. According to the filings, eBay wants to patent a “distributed cryptocurrency unauthorised transfer monitoring system” and a “distributed cryptocurrency …

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Bitcoin Startup Cleared of Breaching Securities Law

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The Financial and Consumer Affairs Authority (FCAA) of Saskatchewan, Canada, has cleared a bitcoin startup of breaching securities law. A decision from the FCAA panel, announced on 22nd October, found that Dominion Bitcoin Mining Company Ltd did not solicit investors, nor offer shares illegally. Its statement reads: “It is the …

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Australian Securities Exchange ‘Considering’ Blockchain Technology

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The Australian Securities Exchange (ASX) is seriously considering replacing its current clearing and settlement system with blockchain technology, reports claim. According to the Sydney Morning Herald, ASX CEO Elmer Funke Kupper said blockchain technology could help cut the cost and time associated with its Clearing House Electronic Subregister System (CHESS). …

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