Search Results for: blockchain technology
The 18 companies that control bitcoin in 2016
July 1st, 2016
Flashy startups like Coinbase, Circle, Blockchain, and BitPay are some of the most famous companies in bitcoin. But arguably more important are the miners — individuals and organisations who form the core backbone of bitcoin, ensuring the digital currency’s ...
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 ...
Bitcoin exchange Quoine raises $20m venture investment
June 21st, 2016
Quoine, a Singapore-based Bitcoin exchange, has closed a $20 million funding round, leveraging off the large opportunity for Bitcoin in the Japanese market, led by venture capitalists (VCs) and other ‘strategic investors’. It’s last funding round was a $2 million ...
Bitcoin price rises to the highest in more than two years
June 17th, 2016
In another bitcoin price rally the cryptocurrency smashed through the $750 (£530) mark during trading today to reach a 2016 high, after falling below $700 on Tuesday. By mid-afternoon (GMT), bitcoin was still trading up 5.8 per cent at more ...
Three reasons why bitcoin’s price is surging higher
June 1st, 2016
Bitcoin is trading at its highest price in almost two years, driven by several factors including market conditions in Asia, according to experts in the cryptocurrency. The online currency ended Monday at around $542.77 and hit a high of ...
Deloitte choose Dublin as part of its FinTech initiative
May 25th, 2016
Deloitte today announced Dublin as the base for the creation of an EMEA Financial Services Blockchain Lab as part of its FinTech initiative ‘The Grid’. Deloitte Ireland has over 2,000 people in Ireland and provides audit, tax, consulting, and ...
Ethereum, explained: why Bitcoin’s stranger cousin is now worth $1 billion
May 25th, 2016
Bitcoin has struggled to live up to the hype that surrounded its emergence into the mainstream three years ago. Despite more than a billion dollars of venture capital funding, Bitcoin startups have failed to develop applications that appeal to mainstream customers. ...
UAE’s First Bitcoin Startup Shuts Down
May 25th, 2016
Bitcoin payments firm YellowPay, by some accounts the first industry startup in the Middle East, has shut down for undisclosed reasons according to members of its founding team. Forming in 2014, YellowPay had sought to promote bitcoin as an e-commerce solution in ...
Cryptocurrency Ethereum has seen its value skyrocket
May 23rd, 2016
Ethereum, the world’s second-most valuable cryptocurrency, has seen its value skyrocket as investors and developers have sought different ways to use the technology introduced by bitcoin. But is it ready for the big time? That’s what some are asking ...
Russia’s ‘Bitcoin Ban’ Faces Uncertain Future After Draft Bill Withdrawn
May 20th, 2016
A bill prepared by Russia’s Ministry of Finance targeting the creation and circulation of so-called money surrogates, a classification that would include digital currencies like bitcoin, has been at least temporarily withdrawn from consideration following comments from the country’s ...
