Search Results for: Ethereum blockchain
Bitcoin Prices Soar in May: Analyzing the Market’s Second Best Month of 2016
June 10th, 2016
With the price of bitcoin appreciating nearly 20% in May and breaking past $500 for the first time since 2014, it’s safe to say the digital currency is once again back in the mainstream spotlight as an investment opportunity. However, what ...
Colbitex, Colombia’s First Bitcoin Exchange Released In Testnet
June 7th, 2016
On June 3, 2016, Colombia’s first Bitcoin exchange, Colbitex, launched in testnet. The Colombian market seems to have all the right characteristics for increased adoption and the embrace of exchanges. Time will tell. The Vision For Colbitex The project was founded ...
Cryptocurrency Market for Bitcoin Worth $19.48 Billion in 2016
May 26th, 2016
The report titled “Global Cryptocurrency Market (Bitcoin, Ripple, Litecoin, Ethereum)- Insights and Analysis: Technology, Sizing, Growth and Potential – (By Value, By Transaction Volume, Bitcoin ATMs, Company Analysis)” suggests that the cryptocurrencies have a huge potential in disrupting the ...
Cryptocurrency Exchange Gatecoin confirms that lost $2 Mln in Hot Wallet Breach
May 16th, 2016
Gatecoin, the Hong Kong-based regulated and secure financial institution for blockchain assets has issued an official statement regarding the breach the firm experienced and lost 15% of our crypto-asset deposits. Below is the Gatecoin statement as it was published: ...
NY regulator approves Winklevoss bid to trade digital currency ether
May 6th, 2016
New York state has approved the application of Gemini Trust Company, founded by investors Tyler and Cameron Winklevoss, to trade digital currency ether on its bitcoin exchange, Governor Andrew Cuomo announced on Thursday. Ether, an alternative currency that differs ...
Bitcoin graduate Circle launches free social payment app in UK with Barclays
April 6th, 2016
Circle, the leading digital payments company which uses the blockchain as a settlement rail, is launching a social payment app in the UK with the help of Barclays. It’s the first time the Financial Conduct Authority has granted an ...
Bitcoin Technology Tested In Trial By 40 Big Banks
March 3rd, 2016
The technology behind Bitcoin is starting to make progress on Wall Street. By December, financial technology company R3 CEV had brought together a consortium of 42 banks to create standards and protocols for using blockchain technology in financial services. ...
Password cracking attacks on Bitcoin wallets net $103,000
February 16th, 2016
Hackers have siphoned about $103,000 out of Bitcoin accounts that were protected with an alternative security measure, according to research that tracked six years’ worth of transactions. Account-holders used easy-to-remember passwords to protect their accounts instead of the long cryptographic ...
R3 brings eleven major global financial institutions together on a cloud based distributed ledger
January 21st, 2016
Financial technology innovation company, R3 CEV, today announced the successful completion of a ground breaking distributed ledger experiment involving eleven of the world’s largest financial institutions. R3 and consortium member banks Barclays, BMO Financial Group, Credit Suisse, Commonwealth Bank of ...
Deloitte, Libra, Accenture: The work of auditors in the age of Bitcoin 2.0 technology
August 20th, 2015
Back in the late 1990s the cryptographer Nick Szabo predicted the paper-era techniques of auditing and accounting would be dramatically augmented by, and eventually integrated into, smart contracts. The last year or two has seen lots of opinion about ...
