Life has become a lot harder for people who enjoy using cryptocurrency debit cards. A few months ago, Visa announced it would suspend all crypto debit cards outside of the European Economic Area (EEA). It now turns out MasterCard will be doing the exact same thing. This is bad news for a lot of people outside of Europe who want to use these prepaid cards. Existing cards will remain active for three more months, after which point they will be blocked automatically. MasterCard Issues new Guidelines In a way, it was to be expected that MasterCard would follow Visa’s example as far Source: http://bitnewz.net/news/article/MasterCard-Removes-Cryptocurrency-Debit-Card-Availability-Outside-EEA
PNC Bank may be the Next Bank to Prevent Customers From Buying Bitcoin
Banks all over the world have been opposing Bitcoin for several years now. Not only do they advise against buying cryptocurrency, but they take invasive measures as well. Several banks have closed customer accounts for their involvement in cryptocurrency. PNC Bank appears to be on this list as well as we speak. They are actively … Continue reading PNC Bank may be the Next Bank to Prevent Customers From Buying Bitcoin
Why HODLING Is Hobbling Bitcoin's Prospects as a Common Currency
Bitcoin's appeal as an investment could diminish its effectiveness as a currency, and alternative models should be tested, writes Michael Casey. Source: http://bitnewz.net/news/article/Why-HODLING-Is-Hobbling-Bitcoins-Prospects-as-a-Common-Currency
Jamie Dimon says he's not going to talk about bitcoin anymore
Jamie Dimon, chairman and CEO of JPMorgan Chase, said he is no longer going to discuss bitcoin after his comments last month that the digital ... Source: http://bitnewz.net/news/article/Jamie-Dimon-says-he39s-not-going-to-talk-about-bbitcoinb-anymore
Bitcoin Explodes To New Record High Over $5200
For example, a 'bitcoin desk' at Goldman Sachs would certainly be a game changer. News had hit the wires earlier this month that Goldman Sachs is ... Source: http://bitnewz.net/news/article/bBitcoinb-Explodes-To-New-Record-High-Over-5200
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Accenture Develops DLT Prototypes for Singapore's Central Bank
Professional services firm Accenture is working on several prototypes being developed as part of Singapore's "Project Ubin" blockchain initiative. Source: http://bitnewz.net/news/article/Accenture-Develops-DLT-Prototypes-for-Singapores-Central-Bank
NEO Price Takes a Beating in Both USD and BTC Value
With all of those positive Bitcoin price momentum taking place as we speak, the cryptocurrency community is in for a very wild ride. No one knows how things will evolve in the coming hours and days. One currency suffering from rather substantial losses right now is NEO. Given the recent NEO price trend, a correction was bound to happen sooner or later. Pushing the value below $30 again is somewhat of a surprise, though. NEO Price Struggles To Maintain $30 Everything that gains a lot of value must eventually come down before a new all-time high can even be considered. Source: http://bitnewz.net/news/article/NEO-Price-Takes-a-Beating-in-Both-USD-and-BTC-Value
Latest ccMiner 2.2 fork by Nanashi Meiyo-Meijin For MonaCoin Mining
It seems that the last day MonaCoin (MONA) has exploded in price and profitability for mining as a result, so there is increased interest from miners. So here is a 32-bit Windows binary (CUDA 8.0) of the latest ccMiner 2.2-based fork from Nanashi Meiyo-Meijin (source) with optimized Lyra2REv2 performance. The code is based around the […] Source: http://bitnewz.net/news/article/Latest-ccMiner-22-fork-by-Nanashi-Meiyo-Meijin-For-MonaCoin-Mining
$5,160: Bitcoin Buoyant as Price Sets New All-Time High
Bitcoin is has reached a new all-time high today, with prices hitting a record $5,161. Source: http://bitnewz.net/news/article/5160-Bitcoin-Buoyant-as-Price-Sets-New-All-Time-High
Bitcoin soars to a new all-time high above $5200
Some attributed the jump to speculation that China will allow bitcoin trading to resume by licensing exchanges for cryptocurrencies, but initial reports ... Source: http://bitnewz.net/news/article/bBitcoinb-soars-to-a-new-all-time-high-above-5200
FinTech Gains: Singapore & Indian State Foresee Blockchain Cross-Border Payments
Bitcoin Breaks $5,000 and Reaches New All-time High
Bitcoin has been struggling over the last couple of weeks, with considerable volatility influencing the value of the cryptocurrency. However, thanks to rising investor interest, another rally for the price of the digital currency was caused, hence pushing Bitcoin towards a new all-time high on Thursday morning. Bitcoin hits all-time high of $5,144 The newest all-time high provided by CoinDesk is well-above its previous, valued at $5,013 back on the 2nd of September. Therefore, it finally seems like the market has managed to shrug off the negative news that has affected bitcoin this past month. Not long ago, for instance, Source: http://bitnewz.net/news/article/Bitcoin-Breaks-5000-and-Reaches-New-All-time-High
Filmmakers Team With Programmers to Tackle Piracy and Content Accessibility Issues with Blockchain
A team of seasoned film producers, distributors and software developers has announced White Rabbit, a project seeking to monetize P2P streaming to the benefit of fans and filmmakers. The project's blog post states, with reference to British and Australian research, that 60% of those who watch movies illegally only do so because they cannot access … Continue reading Filmmakers Team With Programmers to Tackle Piracy and Content Accessibility Issues with Blockchain