Search Results for: bitcoin
Coinbase is adding support for Ethereum
July 22nd, 2016
Since Coinbase was founded in 2012, hundreds if not thousands of Bitcoin competitors (typically referred to as alt-coins) were created. But Coinbase ignored the noise and remained focused on supporting just one currency – Bitcoin. But today that changes, as Coinbase ...
Digital currency Steem soars 1,000% in value in two weeks
July 13th, 2016
Currency behind social media website Steemit, in which users are rewarded or paid based number of ‘thumbs up’, has rocketed to more than $150m in value Steem, the digital currency behind the new social media website Steemit, soared more ...
Evaluating the EU’s New Definition for Virtual Currencies
July 11th, 2016
The European Commission this week adopted a legislative proposal meant to bring virtual currency exchanges and custodian wallet providers under the scope of the EU’s Anti-Money Laundering Directive. This step should have been expected, as it has been clear that ...
Just How Big Is the Digital Currency Industry?
July 8th, 2016
New startups, new investment, new innovation and new ideas, we talk of them all often in the cryptocurrency industry, and often talk of the need for the industry to build into a wider audience. But what is the reality ...
Possible Consequences of Brexit on the FinTech Industry
June 29th, 2016
Financial Technology (FinTech) is an economic ecosystem or industry consisting of companies, mainly startups, that employ technology in an innovative way in order to improve the way that financial services operate, e.g. payments and transfers, auditing, contracts, policy enforcement, ...
Biggest developments in fintech in 2016
June 23rd, 2016
To get to grips with one of the 21st century’s biggest changes in digital – especially in regards to finance and investment – is no easy task for any business. Startups, SMEs and even multi-national corporations have discovered that ...
Bank of Tokyo-Mitsubishi will develop its own digital currency
June 16th, 2016
Bank of Tokyo-Mitsubishi UFJ confirmed on Tuesday it is conducting experiments on a digital currency utilizing the technology behind the virtual currency bitcoin. The statement came following a report from the Asahi Shimbun newspaper last week that the bank ...
An Everyman’s Guide To Understanding Cryptocurrencies
June 13th, 2016
Cryptocurrencies have a role that could increase as global currencies are devalued. When an asset rises by almost 30% in a few weeks, it tends to attract attention. Recently, that asset was bitcoin (BTC). The price of BTC in ...
Contactless payments take off in Canada
June 1st, 2016
The value of contactless payments made by consumers in Canada more than doubled over the past year, according to a new study published by Technology Strategies International Inc. The report titled, Canadian Payments Forecast – 2016, estimates that the ...
Japan approves new regulations for digital currency exchanges
June 1st, 2016
According to latest reports, the Diet in Japan (the legislature that is composed of the Lower and the Upper Houses) has approved a bill on Wednesday to regulate operators of virtual currency exchanges in the country, in order to ...
