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Umbrella Coin Aims to Democratize the Insurance Industry

Many different types of projects are being developed on top of the Ethereum blockchain as we speak. Umbrella Coin is one of those projects and it has a lot of potential. More specifically, the team is looking into providing the next generation insurance platform. Life will happen in one way or another and being prepared … Continue reading Umbrella Coin Aims to Democratize the Insurance Industry

The post Umbrella Coin Aims to Democratize the Insurance Industry appeared first on NEWSBTC.

Many different types of projects are being developed on top of the Ethereum blockchain as we speak. Umbrella Coin is one of those projects and it has a lot of potential. More specifically, the team is looking into providing the next generation insurance platform. Life will happen in one way or another and being prepared … Continue reading Umbrella Coin Aims to Democratize the Insurance Industry

The post Umbrella Coin Aims to Democratize the Insurance Industry appeared first on NEWSBTC.

MONACO MCO TOKEN TO LIST ON BINANCE.COM, CHINA’S FASTEST GROWING EXCHANGE

HONG KONG, August 16, 2017 — Monaco, the pioneering payments, and cryptocurrency platform, today announced its partnership with Binance, China’s fastest growing digital asset exchange. Binance will list Monaco’s MCO token on Wednesday, August 23, as its first exchange in China. Kris Marszalek, Co-founder, and CEO of Monaco commented, “Since the successful closing of our token … Continue reading MONACO MCO TOKEN TO LIST ON BINANCE.COM, CHINA’S FASTEST GROWING EXCHANGE

The post MONACO MCO TOKEN TO LIST ON BINANCE.COM, CHINA’S FASTEST GROWING EXCHANGE appeared first on NEWSBTC.

HONG KONG, August 16, 2017 — Monaco, the pioneering payments, and cryptocurrency platform, today announced its partnership with Binance, China’s fastest growing digital asset exchange. Binance will list Monaco’s MCO token on Wednesday, August 23, as its first exchange in China. Kris Marszalek, Co-founder, and CEO of Monaco commented, “Since the successful closing of our token … Continue reading MONACO MCO TOKEN TO LIST ON BINANCE.COM, CHINA’S FASTEST GROWING EXCHANGE

The post MONACO MCO TOKEN TO LIST ON BINANCE.COM, CHINA’S FASTEST GROWING EXCHANGE appeared first on NEWSBTC.

Bitcoin is literally soaring into space after rocket-like surge – Economic Times

Economic TimesBitcoin is literally soaring into space after rocket-like surgeEconomic TimesBlockstream Inc. plans to make the digital ledger underpinning the cryptocurrency accessible via satellite signal so people without Internet access, or in places…


Economic Times

Bitcoin is literally soaring into space after rocket-like surge
Economic Times
Blockstream Inc. plans to make the digital ledger underpinning the cryptocurrency accessible via satellite signal so people without Internet access, or in places where bandwidth is expensive, can trade and mine bitcoin. The company also touts the ...
Max Keiser, Peter Todd Debate Bitcoin in Space Post-Blockstream AnnouncementCoinTelegraph

all 5 news articles »

MediBond Proposes to Build Decentralized Healthcare Applications on Blockchain

Blockchain continues to prove itself as a resourceful technique for bringing more transparency and security to the global business market. Many industries in past have opened up about their interests in the decentralized ledger. And some of them already have incubation labs in place to see a possible blockchain integration. A similar development is also … Continue reading MediBond Proposes to Build Decentralized Healthcare Applications on Blockchain

The post MediBond Proposes to Build Decentralized Healthcare Applications on Blockchain appeared first on NEWSBTC.

Blockchain continues to prove itself as a resourceful technique for bringing more transparency and security to the global business market. Many industries in past have opened up about their interests in the decentralized ledger. And some of them already have incubation labs in place to see a possible blockchain integration. A similar development is also … Continue reading MediBond Proposes to Build Decentralized Healthcare Applications on Blockchain

The post MediBond Proposes to Build Decentralized Healthcare Applications on Blockchain appeared first on NEWSBTC.

ATB Coin announces the second stage of ICO

The ATB Coin project continues to develop, improve and expand its network of partners. Recently, we agreed to cooperate with the famous Chinese crypto-exchange dabtc.com. Also we are happy to announce the imminent start of the second stage of the ICO! At 8 am on August 15, EST, New York (GMT-4) starts the crowdsale of the unique cryptocurrency, … Continue reading ATB Coin announces the second stage of ICO

The post ATB Coin announces the second stage of ICO appeared first on NEWSBTC.

The ATB Coin project continues to develop, improve and expand its network of partners. Recently, we agreed to cooperate with the famous Chinese crypto-exchange dabtc.com. Also we are happy to announce the imminent start of the second stage of the ICO! At 8 am on August 15, EST, New York (GMT-4) starts the crowdsale of the unique cryptocurrency, … Continue reading ATB Coin announces the second stage of ICO

The post ATB Coin announces the second stage of ICO appeared first on NEWSBTC.

Bitcoin is back above $4000 – Business Insider UK

Business Insider UKBitcoin is back above $4000Business Insider UKBitcoin is back above $4,000 a coin on Wednesday, as the digital currency pars back losses. Bitcoin fell below $4,000 late on Tuesday after a sensational rally on Sunday and Monday that s…


Business Insider UK

Bitcoin is back above $4000
Business Insider UK
Bitcoin is back above $4,000 a coin on Wednesday, as the digital currency pars back losses. Bitcoin fell below $4,000 late on Tuesday after a sensational rally on Sunday and Monday that saw the cryptocurrency break the $4,000 and $4,500 mark for the ...
Why You Should Attend Bitcoin and Blockchain MeetupsThe Merkle

all 41 news articles »

Bitcoin is back above $4000 – Business Insider

Bitcoin is back above $4000Business InsiderBitcoin is back above $4,000 a coin on Wednesday, as the digital currency pars back losses. Bitcoin fell below $4,000 late on Tuesday after a sensational rally on Sunday and Monday that saw the cryptocurrency …


Bitcoin is back above $4000
Business Insider
Bitcoin is back above $4,000 a coin on Wednesday, as the digital currency pars back losses. Bitcoin fell below $4,000 late on Tuesday after a sensational rally on Sunday and Monday that saw the cryptocurrency break the $4,000 and $4,500 mark for the ...

and more »

Rogue Silk Road Agent Admits to Stealing Bitcoins Seized by U.S. Marshals

Rogue Silk Road Agent Admits to Stealing Bitcoins Seized by U.S. MarshalsBack in 2015 two rogue U.S. Secret Service agents, Shaun Bridges and Carl Mark Force, were caught and sentenced to prison for stealing funds while investigating the first high profile darknet market the Silk Road. Now according to reports, Shaun Bridges plead guilty on August 15 for moving 1,600 bitcoins of seized bitcoins confiscated by federal […]

The post Rogue Silk Road Agent Admits to Stealing Bitcoins Seized by U.S. Marshals appeared first on Bitcoin News.

Rogue Silk Road Agent Admits to Stealing Bitcoins Seized by U.S. Marshals

Back in 2015 two rogue U.S. Secret Service agents, Shaun Bridges and Carl Mark Force, were caught and sentenced to prison for stealing funds while investigating the first high profile darknet market the Silk Road. Now according to reports, Shaun Bridges plead guilty on August 15 for moving 1,600 bitcoins of seized bitcoins confiscated by federal authorities.

Also read: Goldman Sachs Technical Analyst Predicts Bitcoin’s ‘Top’ Is $4800

Former U.S. Secret Service Agent Shaun Bridges Admits to Stealing 1600 Bitcoins Seized by the Federal Authorities

Rogue Silk Road Agent Admits to Stealing Bitcoins Seized by U.S. MarshalsThe tale of the underground Silk Road marketplace seems to never end, as U.S. prosecutors have recently charged former special agent Shaun Bridges with money laundering crimes. According to court documents uploaded to Pacer, Bridges moved 1606.6488 BTC worth US$6.6B at press time out of a federal account held on Bitstamp. At the time the stolen coins were only worth about a half of a million, and according to documents some of the funds moved to the two exchanges BTC-e and Bitfinex.

According to Arstechnica, Bridges was willing to answer questions and agreed to a plea bargain. William Frentzen, the Assistant United States Attorney, details to the publication that the stolen funds were dispersed between BTC-e, a hardware wallet, and the Bitfinex exchange.

“We would also prove that Mr. Bridges, following the government’s discovery that the bitcoin were missing and that they had in fact been moved, the government was able to obtain the bitcoin at Bitfinex,” explained the court’s prosecutor. “And we then met with Mr. Bridges, and through the course of that time we returned the bitcoin.”   

Plea Bargains and ‘Keys to the Kingdom’

After the prosecution read their statements, Judge Seeborg asked Bridges if everything that was said to him was true. The former federal agent replied by stating the facts were accurate while also admitting he processed the bitcoin transactions shown to him in court. It’s unclear right now what kind of plea bargain Bridges made with the prosecution, but he could face ten years in prison and a $250,000 fine.

Rogue Silk Road Agent Admits to Stealing Bitcoins Seized by U.S. Marshals
New court documents uploaded to Pacer show Shaun Bridges moving 100 BTC increments of seized bitcoins to accounts held on BTC-e. 

According to Ross Ulbricht’s family, Bridges and Carl Mark Force tainted the entire Silk Road investigation and Ulbricht’s hearing as well. Much of the information about the two rogue officers were kept hidden from courts even though the Ulbricht family said the two agents had “keys to the Silk Road Kingdom.”

Ulbricht’s defense said Force and Bridges had access to Silk Road administrator passwords, they could commandeer accounts, including DPR’s (and act as DPR), access private bitcoin keys, bank accounts and more. So far, Bridges has admitted to stealing millions of dollars worth of seized bitcoins, stolen before the two officers were taken into custody. Now Bridges will face more prison time when Judge Seeborg sentences the former agent in the next few months.

What do you think about the rogue agent Bridges being charged for money laundering and stealing 1600 BTC from the Feds? Let us know what you think in the comments below. 


Images via Shutterstock, Pacer, and KTVU.


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The post Rogue Silk Road Agent Admits to Stealing Bitcoins Seized by U.S. Marshals appeared first on Bitcoin News.

Segwit2x, ‘The New York Agreement’

On May 23rd the Digital Currency Group released a statement declaring that 58 signatories had agreed on a way to end Bitcoin’s ‘scaling debate’.

Known as the New York Agreement (NYA) it was said to be a compromise between the two sides of the debate — those who want to achieve scaling through Segregated Witness (Segwit) and those who prefer to scale by increasing the block size. It consists of two sequential phases — to activate Segwit using BIP 91 (making it compatible with the UASF) and then to hard fork the base block size to 2 MB ninety days later. 

On May 23rd the Digital Currency Group released a statement declaring that 58 signatories had agreed on a way to end Bitcoin’s ‘scaling debate’.

Known as the New York Agreement (NYA) it was said to be a compromise between the two sides of the debate — those who want to achieve scaling through Segregated Witness (Segwit) and those who prefer to scale by increasing the block size. It consists of two sequential phases — to activate Segwit using BIP 91 (making it compatible with the UASF) and then to hard fork the base block size to 2 MB ninety days later. 

Bitcoin Price Technical Analysis for 08/16/2017 – Head and Shoulders Forming?

Bitcoin price is forming a head and shoulders pattern on its 1-hour time frame to signal a potential selloff.

The post Bitcoin Price Technical Analysis for 08/16/2017 – Head and Shoulders Forming? appeared first on NEWSBTC.

Bitcoin price is forming a head and shoulders pattern on its 1-hour time frame to signal a potential selloff.

The post Bitcoin Price Technical Analysis for 08/16/2017 – Head and Shoulders Forming? appeared first on NEWSBTC.

e-Best Ventures Receives Backing From Japanese Investment Bank for Blockchain Investment

e-Best Ventures, an Estonia-based venture capital management company, is set to receive support from FinTech Global Inc., a boutique investment bank, placing e-Best a step closer to start a fund that will invest in startups with blockchain technology. Currently, e-Best is fully owned by Blockhive, an organization that builds community consisting various businesses around blockchain … Continue reading e-Best Ventures Receives Backing From Japanese Investment Bank for Blockchain Investment

The post e-Best Ventures Receives Backing From Japanese Investment Bank for Blockchain Investment appeared first on NEWSBTC.

e-Best Ventures, an Estonia-based venture capital management company, is set to receive support from FinTech Global Inc., a boutique investment bank, placing e-Best a step closer to start a fund that will invest in startups with blockchain technology. Currently, e-Best is fully owned by Blockhive, an organization that builds community consisting various businesses around blockchain … Continue reading e-Best Ventures Receives Backing From Japanese Investment Bank for Blockchain Investment

The post e-Best Ventures Receives Backing From Japanese Investment Bank for Blockchain Investment appeared first on NEWSBTC.

Ethereum Classic Price Technical Analysis – ETC/USD Nosedives

Key Highlights Ethereum classic price failed to hold the $14.00 support area against the US Dollar and moved down. There are two bearish trend lines forming with resistance at $13.60 and $14.00 on the hourly chart of ETC/USD (Data feed via Kraken). The price may struggle to move higher and could even trade towards the … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Nosedives

The post Ethereum Classic Price Technical Analysis – ETC/USD Nosedives appeared first on NEWSBTC.

Key Highlights Ethereum classic price failed to hold the $14.00 support area against the US Dollar and moved down. There are two bearish trend lines forming with resistance at $13.60 and $14.00 on the hourly chart of ETC/USD (Data feed via Kraken). The price may struggle to move higher and could even trade towards the … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Nosedives

The post Ethereum Classic Price Technical Analysis – ETC/USD Nosedives appeared first on NEWSBTC.

Bitcoin Cash Price Technical Analysis – BCH/USD Poised for Declines

Key Points Bitcoin cash price remained in the bearish zone below the $310 level against the US Dollar. Yesterday’s highlighted crucial descending channel pattern with current resistance at $311 on the hourly chart of BCH/USD (data feed from Kraken) is intact. The price may continue to decline and might fail on rallies towards $310-320. Bitcoin … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Poised for Declines

The post Bitcoin Cash Price Technical Analysis – BCH/USD Poised for Declines appeared first on NEWSBTC.

Key Points Bitcoin cash price remained in the bearish zone below the $310 level against the US Dollar. Yesterday’s highlighted crucial descending channel pattern with current resistance at $311 on the hourly chart of BCH/USD (data feed from Kraken) is intact. The price may continue to decline and might fail on rallies towards $310-320. Bitcoin … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Poised for Declines

The post Bitcoin Cash Price Technical Analysis – BCH/USD Poised for Declines appeared first on NEWSBTC.

Obsidian’s Use of C# Based Stratis to Empower the OSM Ecosystem

Obsidian Inc., the company behind the revolutionary Obsidian Platform, is putting cryptocurrency’s underlying blockchain technology to good use by creating a communications system. The system, Obsidian Secure Messenger (OSM) allows users to send and receive messages over a highly secure protocol with assured privacy and secrecy. The creators of OSM have built the platform over … Continue reading Obsidian’s Use of C# Based Stratis to Empower the OSM Ecosystem

The post Obsidian’s Use of C# Based Stratis to Empower the OSM Ecosystem appeared first on NEWSBTC.

Obsidian Inc., the company behind the revolutionary Obsidian Platform, is putting cryptocurrency’s underlying blockchain technology to good use by creating a communications system. The system, Obsidian Secure Messenger (OSM) allows users to send and receive messages over a highly secure protocol with assured privacy and secrecy. The creators of OSM have built the platform over … Continue reading Obsidian’s Use of C# Based Stratis to Empower the OSM Ecosystem

The post Obsidian’s Use of C# Based Stratis to Empower the OSM Ecosystem appeared first on NEWSBTC.

Companies are buying bitcoin to pay off hackers, says top cybersecurity CEO – CNBC

Companies are buying bitcoin to pay off hackers, says top cybersecurity CEO
CNBC
The HBO hack is just one recent example of how cyberattackers are now targeting corporations, and CyberArk chief Udi Mokady said that bitcoin is often used to pay them off. “That’s the requirement of most of these hackers,” the founder, chairman and

and more »


Companies are buying bitcoin to pay off hackers, says top cybersecurity CEO
CNBC
The HBO hack is just one recent example of how cyberattackers are now targeting corporations, and CyberArk chief Udi Mokady said that bitcoin is often used to pay them off. "That's the requirement of most of these hackers," the founder, chairman and ...

and more »