Bitcoin Startups Face Backlash for Perceived Pivots
Bitcoin industry startups are facing backlash over a new series of articles in which they have been portrayed as pivoting away from the digital currency and toward more general FinTech applications. Spurred by articles in Business Insider and The Guardian that accused companies including BitPay, Circle and Uphold (formerly Bitreserve) of "turning their back" on the technology, social media forums became venues for an airing of community grievances over the more inflammatory language used by the publications this week. "Bitreserve, which used to be a bitcoin wallet and exchange, has....
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GSC Game World and Ubisoft Take Different Approaches
Two game developers that recently announced the introduction of NFT elements as part of their upcoming and existing games are dealing with....
Bitcoin Startups Munich, was founded by corporate finance consultant and author of the industry report “The Intelligent Crypto-Investor” Dr. Bastian Brand. In response to the perceived need to create a business-oriented networking group that brings together Bitcoin enthusiasts with investors, entrepreneurs and developers from the Munich region, Bitcoin Startups Munich aims to operate on two levels. First, it organizes a range of events and workshops. Within the context of these events presentations are given that help people understand how Bitcoin works both from a technical as well as....
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The Bitcoin Price flash crashed from ~$250 to ~$163 on Bitcoin exchange BitFinex around 5:00 PM Pacific Time on 8/18/15. The drop in the USD/BTC trading pair was quickly mirrored on other Bitcoin exchanges. The Bitcoin price has since recovered to the $210-225 range, but is still subject to heavy volatility on all exchanges. It is worth remembering that in previous Bitcoin market moves, the dreaded ending of large and red leveraged bets have often led to nearly-identical price drops led by Bitfinex. To grossly simplify the situation, the Bitcoin community has recently been in perceived....
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