Chain’s iOS API Provides Fingerprint Authorisation for Bitcoin Apps
Chain has released a demo iOS app with a new feature it says is the future of bitcoin on mobile devices – the ability to send bitcoin using fingerprint recognition technology. The team says that by using Apple’s built-in Touch ID feature, users can now authenticate a transaction with the dab of a digit, and describes the technology as a “simple solution for mobile bitcoin apps that need to sign transactions and store private keys”. The best news, perhaps, is that the new AP…
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When Payments Become Political Weapons of Mass Destruction
Jon Matonis (@jonmatonis) | Published on May 7, 2014 at 11:35 BST | Analysis, News inShare16
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People Use It, Bitcoin Has Intrinsic Value
Professor Susan Athey: ‘If People Use It, Bitcoin Has Intrinsic Value’
Susan Athey is a senior fellow at the Stanford Institute for Economics Policy Research, specializing in auction-based marketplaces and the economics of the Internet. She is also an advisor at Ripple Labs and serves as Microsoft’s Chief Economist. Athey brought an independent academic perspective to discussions atCoinSummit San Francisco last week, using her expertise and research to assess the technology’…
PBOC Deadline Day: Business as Usual for BTC China
The rumored deadline for China’s banks to cut off bitcoin exchanges from deposits has arrived, with no official word from the authorities that such a policy even exists. Chinese exchange BTC China claims it has no intention of changing the way it does business. The story has contributed to turbulence in the bitcoin markets since it first began circulating as a rumor last month. Bitcoin saw its value fall beneath $400 briefly for the first time since November 2013. This is d…
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Bitcoin Price Drops 10% as Chinese Exchanges Stop Bank Deposits
Bitcoin prices crashed today as Chinese businesses began receiving official deposit shutdown notices from banks, confirming recent suspicions of an impending crackdown. Exchanges will stop account recharging via bank accounts between now and 15th April. Even though the news has been anticipated for over a week now, bitcoin prices sank under $403 from a high of $450.74 on the CoinDesk Bitcoin Price Index after companies began making public announcements on their sites.
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