Search Results for: Digital currency
Bitcoin splits: Will it break, or be better than ever?
August 21st, 2015
With a market valued currently at more than $3 billion, and hundreds of millions invested in related technologies, a lot is riding on bitcoin. But the digital token some say could replace government-backed currencies is facing a crisis that ...
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 ...
Bitnet and PAY.ON Enter Strategic Partnership to Enable PSPs Globally
August 19th, 2015
Bitnet and PAY.ON Enter Strategic Partnership to Enable PSPs Globally to Offer Simplified Bitcoin Acceptance Bitnet, an enterprise bitcoin payments processor, and PAY.ON, a leading provider of white label global payment gateway solutions, today announced a strategic partnership that ...
Coinify Acquires Coinzone
August 17th, 2015
Coinify announced that it will be taking over the operations of Coinzone, a leading Bitcoin payment provider. Coinzone will bring development and volume to the table, and this new partnership will result in a number of new opportunities for ...
Bitcoin’s Dark Side Could Get Darker
August 13th, 2015
Investors see riches in a cryptography-enabled technology called smart contracts–but it could also offer much to criminals. Some of the earliest adopters of the digital currency Bitcoin were criminals, who have found it invaluable in online marketplaces for contraband ...
Bitcoin: The hottest game for Chinese gamblers
August 3rd, 2015
Bitcoin trading is the hottest game in China. The digital currency has been embraced by Chinese users who like to take a gamble: It’s all “about trading, about volatility, about making a profit — buy low, sell high,” said ...
Microsoft and MIT Explore Unique Applications of the Bitcoin Blockchain
July 30th, 2015
Microsoft New York and MIT Media Lab presented a 70-minute report called #Blockchain4good this week. Speakers included Brian Forde, MIT Media Lab director of digital currency and former senior technology adviser at the White House, and John Paul Farmer, ...
8 Banking Giants Embracing Bitcoin and Blockchain Tech
July 28th, 2015
In its relative short history, bitcoin – and its underlying technology the blockchain – have captivated thinkers around the world, but not everyone was quick to see the potential. Due in part to its initial billing as a threat ...
7 bitcoin-related court cases
July 24th, 2015
Bitcoin is back in the headlines again this week, but for all the wrong reasons. It surfaced yesterday that two operators of bitcoin exchange Coin.mx were being charged by US prosecutors for working without a money transmission license. This ...
European Court of Justice Official Proposes Bitcoin VAT Exemption
July 17th, 2015
Bitcoin operations should be exempt from Value Added Tax (VAT), the Advocate General of the European Court of Justice said in an opinion document published today. Citing existing exemptions for currency and money transactions in Europe’s VAT Directive, Attorney ...
