Search Results for: mining
Deloitte likes blockchain for loyalty rewards programmes
October 13th, 2016
Big four consultancy firm Deloitte has published a report examining how loyalty rewards programmes can be optimised by blockchain-based technology. Customer loyalty programs are not realising their full potential due to low client retention and redemption rates, time delays, ...
Dollar Climbs as Samsung Drives Asian Stock Retreat; Bonds Drop
October 11th, 2016
Bond yields surge as traders bet on December Fed rate hike Offshore yuan falls an eighth day for longest slump since 2014 The dollar climbed versus all its major peers as bonds dropped after investors boosted expectations for a ...
TechCrunch Creates a New Series on Cryptocurrencies and Blockchain Technology
October 10th, 2016
Bitcoin is probably the hottest invention of the last decade. At the current rate of growth, combined with its limitless potential, Bitcoin’s underlying blockchain technology may become the most disruptive revolutionary technological invention of this century. Irrespective of individual ...
Credit Suisse Paying $90 Million to settle charges
October 6th, 2016
The Securities and Exchange Commission today announced that Credit Suisse AG has agreed to pay a $90 million penalty and admit wrongdoing to settle charges that it misrepresented how it determined a key performance metric of its wealth management ...
Asian Stocks Climb With Oil Near $50 as Fed Bets Weigh on Bonds
October 6th, 2016
Yen steadies after seven-day slide as Korean won gains Samsung Electronics rises to all-time high; Sompo surges Asian stocks rose as the yen’s slide to a one-month low boosted Japanese exporters and energy companies rallied following gains in oil ...
Spain to impose Taxation on Bitcoin Miners
October 3rd, 2016
A recent notice from the official taxation authority in Spain sees bitcoin mining fall under the purview of an economic activity, opening cryptocurrency mining to taxation. Bitcoin and cryptocurrency miners in Spain will see taxation of their profits, a ...
Regulators Block Sale of Bitcoin Miner Avalon
September 30th, 2016
A deal that would have seen Chinese manufacturer Shandong Luyitong purchase bitcoin mining hardware firm Canaan is no more. The deal is said to have been scuttled as a result of apprehension on the part of regulators from the Shenzhen ...
Dollar edges up from one-month low v.s. yen; euro nurses losses
September 28th, 2016
The dollar rose versus the yen on Wednesday, while the euro nursed its losses after retreating on concerns over the health of the European financial system. The dollar JPY= rose 0.2 percent to 100.69 yen, regaining some footing after ...
FCA UK issued a warning for trading with OneCoin digital currency
September 27th, 2016
FCA has issued a warning to inform that consumers should be wary of dealing with OneCoin, which claims to offer the chance to make money through the trading and ‘mining’ of virtual currencies. According to FCA, OneCoin markets itself ...
FTSE-100 sets aside billions for legal bills
September 26th, 2016
Top UK-listed companies under intense regulatory scrutiny are setting aside more cash than ever before for anticipated legal bills, according to latest research. Thomson Reuters says FTSE 100 companies set aside £31.3bn last year – up nearly £6bn on ...
