Search Results for: bitcoin transactions
Russia’s Biggest Bank Wants To Adopt Blockchain. Not Bitcoin
December 11th, 2015
Sberbank, the biggest bank in Russia might adopt blockchain technology in the future. The bank plans to join the international consortium R3 and develop blockchain based services. However, as in the case of other international big banks, it doesn’t plan to use ...
SEC Charges Bitcoin Mining Companies
December 2nd, 2015
The Securities and Exchange Commission today charged two Bitcoin mining companies and their founder with conducting a Ponzi scheme that used the lure of quick riches from virtual currency to defraud investors. According to the SEC’s complaint filed in ...
Barbados Central Bank Should Consider Holding Bitcoin
December 1st, 2015
Two Barbadian economists have concluded that the country’s central bank may want to consider holding a small amount of bitcoin as part of its portfolio of foreign reserves. In a new working paper, the authors examine the potential role cryptocurrencies could ...
ISIS parks its cash in Bitcoin, experts say
November 26th, 2015
Just days after the hacker group Anonymous pledged to hunt down Islamic State members and launch cyberattacks against their accounts, a separate group of techies claims it has identified a key funding avenue for the terror network – bitcoin accounts. Ghost ...
Bank of Canada: Bitcoin Could Create ‘New Monetary Order’
November 17th, 2015
Central banks would “struggle” to implement monetary policy in a world where digital currencies are more widely used, a senior official from the Bank of Canada said in a speech last week. During an appearance at the Rotman School of Management ...
Bitcoin has no future, says UBS chairman Axel Weber at Bank of England’s Open Forum
November 13th, 2015
The chairman of investment bank UBS, Axel Weber, has played down the potential of crypto-currencies such as Bitcoin. During a discussion at the Bank of England’s Open Forum, he said private currencies will fail to take off “because there ...
Bitcoin Has Come Crashing Back to Earth
November 12th, 2015
Bitcoin‘s recent rally has reversed in a major way. While the virtual currency is still about 20 percent higher than it was a month ago, it has fallen sharply in recent days. Searching for reasons behind bitcoin’s price movements often feels like an ...
Bitcoin to be 6th largest reserve currency by 2030: Research
November 5th, 2015
Bitcoin industry insiders have issued an optimistic prediction for the cryptocurrency over the next few decades, suggesting it could be as widely used as the Swiss franc or the Australian dollar. U.K.-based Magister Advisors, which advises the technology industry ...
Bitcoin’s price jumps more than 70% in one month
November 4th, 2015
Bitcoin, the world’s most popular digital currency, has been on a roll — but no one is really sure why. After dipping well below $200 in January, bitcoin traded at more than $410 Tuesday afternoon before cutting some of ...
Bitcoin blunders its way to an ASX listing
November 2nd, 2015
ASX hopeful Bitcoin Group has delayed its listing after running into trouble with the corporate watchdog over claims Prime Minister Malcolm Turnbull is a shareholder and “misstatements” about the company’s profitability. Bitcoin, which counts former St Kilda president and former NewSat director ...
