Pandacoin #39;s hybrid cryptocurrency wallet speed test - Full blockchain under 4 minutes.
Here you see a typical windows sync with the new PandaBank, the Pandacoin wallet. Syncing a full blockchain under 4 mins! To give you an idea, with this technology you can download the full...

By: Pandacoin (PND)

Read the original post:
Pandacoin's hybrid cryptocurrency wallet speed test - Full blockchain under 4 minutes. - Video

World Bank releases report saying bitcoin is not Ponzi scheme, while Ethereum trumps Facebook(IBTimes UK)

The price of bitcoin has continued to slump, falling by a further 6% over the last 24 hours to take its value below $360.

Most other major cryptocurrencies have followed in bitcoin's lead, with litecoin, dogecoin, darkcoin and namecoin all falling by between 4% and 6%.

One of the biggest movers across all markets was czechcrowncoin. The unofficial altcoin of the Czech Republic shot up by more than 50%.

Vitalik Buterin, the developer of the bitcoin 2.0 platform Ethereum, has beaten Facebook founder Mark Zuckerberg to a prize at the World Technology Awards.

Buterin trumped Zuckerberg in the award for IT software, making him the only person from the digital currency industry to win an award this year.

Other winners on the night included Tesla and SpaceX founder Elon Musk and co-founders of Y-Combinator Paul Graham, Jessica Livingston, Robert Morris and Trevor Blackwell.

Finland has broken the conventional EU mould in its approach to cryptocurrency by classifying bitcoin as a financial service.

The classification by the Finnish Central Board of Taxes makes bitcoin VAT exempt under Finnish law.

"By making bitcoins a recognized payment instrument, Finland has pushed it towards being regarded as a formal currency," Richard Asquith, vice president of global tax compliance at Alavara, told theInternational Tax Review.

Go here to read the rest:
Cryptocurrency Round-Up: Ethereum Beats Facebook in Tech Award and Bitcoin 'Not a Ponzi Scheme'

080 Anonymous Justice CryptoCurrency Bitcoin BearWhale Innovation Philosophy Comedy JCCVW CCBP Bible
http://www.twitter.com/VanosEnigmA @SoulTradeGame #FollowBack 😉 https://www.facebook.com/VanosEnigma http://www.facebook.com/JCCVWJusticeCourtComedyInVirtualWorlds ...

By: VanosEnigmA Enigmaisland

See the original post here:
080 Anonymous Justice CryptoCurrency Bitcoin BearWhale Innovation Philosophy Comedy JCCVW CCBP Bible - Video

The price of bitcoin has dipped back below $400 following its remarkable surge last week.(IBTimes UK)

The price of bitcoin has dropped again slightly over the last 24 hours, making last week's surge look increasingly like a spike.

Most other major cryptocurrencies have seen a similar decline, with litecoin, dogecoin, and namecoin all falling by between 2% and 3%.

The worst hit of the big players was darkcoin, which fell by around 12% since yesterday. The anonymity-focussed cryptocurrency now has a market cap of less than $12 million having risen to almost $15m last week.

The US Marshals Service (USMS) is to auction a further 50,000 bitcoins seized from Ross Ulbricht, the alleged creator of the Silk Road online black marketplace.

It follows a similar auction of 30,000 bitcoins in June, from an estimated pot of 140,000 bitcoins - worth around $54 million at today's prices.

"On January 27, 2014, the United States District Court for the District of New York entered a Stipulation and Order for Interlocutory Sale of Bitcoins," the USMS announced.

"In this order, both the United States and Ross William Ulbricht agreed that 'the United States, in its sole discretion, may sell any portion or all of these bitcoins, on a date or dates and in a manner to be determined by the government.'"

The auction will take place on 4 December between 8am and 2pm EST, with any bidders required to register by midday on the 1 December.

Scotcoin, the unofficial national cryptocurrency of Scotland, has taken a major step forward in its development by migrating to the Counterparty.io solution.

See original here:
Cryptocurrency Round-Up: Silk Road Bitcoin Auction and Scotcoin Migration to Counterparty

Quicksilver Coin (QSLV) - The Taxicab Cryptocurrency
Quicksilver Coin Streamlining Taxicab Payments, (http://quicksilvercoin.co) is the first large-scale cryptocurrency foray into the taxicab industry. Quicksil...

By: Quicksilvercoin

View original post here:
Quicksilver Coin (QSLV) - The Taxicab Cryptocurrency - Video

As cryptocurrency markets begin to settle, Coinbase reportedly seeks funding and Reddit's cryptocurrency receives an unexpected boost.(IBTimes UK)

The price of bitcoin currently hovers at around $400 following another tumultuous few days for the world's most valuable cryptocurrency.

The dramatic price swings of last week continued into the weekend, however most markets have remained relatively stable over the last 24 hours.

One of the biggest movers across all markets was scotcoin. The unofficial national cryptocurrency of Scotland rose in value by 30% since yesterday to take its market cap up towards $70,000.

The unusual resignation of Reddit CEOYishan Wongon Thursday has seen the return ofReddit co-founder Alexis Ohanian to the role of executive chairman of the company.

While Wong was an outspoken critic of bitcoin, Ohanian has been vocal in his support of the digital currency, leading to speculation that cryptocurrency communities on the site could be featured more prominently on the social news site's homepage.

"If it can get to the point where my Dad is like, 'Hey, tell me about this Bitcoin thing, I'm really intrigued by it' then I'll be like, 'OK, all right.' That'll be the moment," Ohanian said in 2013.

In September, Reddit announced plans to create its own cryptocurrencyfollowing a $50m funding round.

According to Re/code, between $40m and $60m is expected to be raised, with venture capital firm Draper Fisher Jurvetson rumoured to be the biggest contributors.

In a recent interview with IBTimes UK, Coinbase CEO Brian Armstrong revealed that over 1.7 million Coinbase bitcoin wallets had been downloaded, giving the firm around a quarter of the consumer wallet marketshare.

See the rest here:
Cryptocurrency Round-Up: Pro-Bitcoin Founder Returns to Reddit and Coinbase Seeks Funding

SilverBACKcoin - Silver backed cryptocurrency
Preservation of wealth via embedded intrinsic data. Cryptocurrency backed by physical silver.

By: David Hughes

See original here:
SilverBACKcoin - Silver backed cryptocurrency - Video

Daniel Peled: Social Messaging Meets Cryptocurrency with Gems
Our guest is Daniel Peled, CEO of Gems social messaging app. The Gems presale will kickoff on December 1st and take place on Koinify. Gems website: http://getgems.org/ Gems Video: http://vimeo...

By: Epicenter Bitcoin

Continue reading here:
Daniel Peled: Social Messaging Meets Cryptocurrency with Gems - Video

Branson extols virtues of bitcoin and other cryptocurrencies as markets slide(IBTimes UK)

The price of bitcoin has dipped back below $400 following its remarkable surge mid-week that saw its value rise as high as $454.

The drop has resonated across the cryptocurrency markets, with litecoin, dogecoin, peercoin, darkcoin and namecoin all falling by between 7% and 12% over the last 24 hours.

Invulnerable to such market movements has been cryptonite. The Superman-themed cryptocurrency rose in value by over 200% since yesterday to take its market cap up towards $100,000.

Serial entrepreneur Richard Branson has extolled the virtues of bitcoin and other cryptocurrencies in a new blogpost ahead of the Global Digital Currency Conversation (GDCC) in Australia this weekend.

In his post titled 'How digital currency could transform the world', Branson describes his reasons for investing in bitcoin and why he believes in its potential to bring greater levels of control, freedom and scrutiny over money.

"I have invested in Bitcoin because I believe in its potential, the capacity it has to transform global payments is very exciting," Branson said.

"It has been obvious to us all for quite some time that people aren't satisfied with the business as usual approach adopted by the major payment networks.

"Through making investments in the likes of Square and Blockchain, I hope to be a part of what could be a democratisation that helps to put more power and control back into the hands of the everyday citizen."

An identity provider that uses blockchain technology to create a decentralised identity protocol has announced a roadmap to push forward its social solution.

Link:
Cryptocurrency Round-Up: Markets Slide as Richard Branson Backs Bitcoin's Revolutionary Potential

Bitcoin and other altcoins see remarkable upturn in fortunes, climbing 15% to 20% in 24 hours(IBTimes UK)

The price of bitcoin and other major cryptocurrencies have seen significant gains over the last 24 hours.

Bitcoin's market cap topped $6bn (3.8bn) at one stage, as a market-wide surge saw the price of one bitcoin rise by more than $90 since yesterday.

Litecoin, often referred to as silver to bitcoin's gold, has risen by 20% since Tuesday, while meme-inspired cryptocurrency dogecoin rose in value by around 15%.

Bitcoin's remarkable recovery follows several weeks of steadily declining prices that saw its value fall to as low as $305 in October.

The price of bitcoin has reached its highest levels since September(CoinMarketCap)

It is difficult to pin the upturn on one single factor, though analysts have suggested it could be as a result of recent positive media coverage combined with bitcoin being oversold.

"It's increasingly clear in this current run-up that bitcoin is oversold, with a great many more investors bullish long term and seeking the right entry point than short-term traders running out of coins to sell,"Michael Terpin, co-founder of BitAngelsand creator of the CoinAgenda conference, told IBTimes UK.

"I predicted during Money 20/20 that we could go as high as $600 by year's end and I'm sticking to that prediction."

A new way to encourage mainstream adoption of cryptocurrencies like bitcoin and dogecoin has been devised by a London startup.

Continue reading here:
Cryptocurrency Round-Up: Bitcoin, Litecoin and Dogecoin Prices Rocket