Bitcoin and Blockchain News May 7, 2016

Bitcoin Price Climbs Past $460 After Craig Wright Stumble -

Bitcoin has had a quiet week, experiencing low trading volume and rather modest price changes as market observers saw Australian academic Craig Wright claim to be Satoshi Nakamoto, the pseudonymous creator of bitcoin. Late Friday, the price of bitcoin surged past the $460 market heading into the weekend.

Charles Bovaird / May 06, 2016 09:46 pm

In London, Researchers Look at Blockchain Beyond Financial Services -

Blockchain technology is picking up steam in several other sectors of the economy far away from financial services – and some researchers are looking to explore applications beyond finance as well. CoinDesk speaks with a researcher from Imperial College London's cryptocurrency R&D efforts.

Sid Kalla / May 06, 2016 07:23 pm

Bitcoin Organized Crime Research Funded by Germany and Austria -

The Austrian and German governments are funding a research effort focused on the use of digital currencies in organized crime. Dubbed 'BitCrime', the initiative is backed by a number of governmental agencies in the two countries, and is split into two sub-projects.

Stan Higgins / May 06, 2016 05:44 pm

Workshop Experts Explore Problems in Implementing Blockchain IDs -

In the final workshop of the Consensus 2016 conference, experienced identity developers walked through the creation of the self sovereign identity, what are the attributes of that, and the need to build an identity platform on the strongest blockchain.

Jacob Donnelly / May 06, 2016 04:48 pm

2016 Has Brought a Bitcoin Awakening -

In this opinion piece, investor and Civic founder Vinny Lingham offers a bullish outlook for bitcoin, arguing that certain headwinds are beginning that will increase interest in the digital currency as an asset. Lingham's remarks come two years after he predicted a down period was in store for the market and industry.

Vinny Lingham / May 06, 2016 03:42 pm