Search Results for: crypto currency
Apple Removes ShapeShift From App Store
September 12th, 2016
Apple appears once again to be restricting the use of digital currencies on iOS, with the removal of multi-currency trading app ShapeShift from its mobile App Store. ShapeShift’s Currency Swaps Without Accounts ShapeShift offers direct swaps between 34 popular cryptocurrencies, ...
Inexperienced Chinese investors are getting stung by fintech scams
September 8th, 2016
China is witnessing a fintech boom. Companies providing electronic payments, cryptocurrency trading and other online financial services there are not only mushrooming, they are among the biggest and most highly rated in the world. The Fintech 100, a ranking ...
Bitcoin Regulation in Russia Takes a U-Turn, Subject to Review
September 5th, 2016
Russia’s stance towards Bitcoin and other cryptocurrencies has taken a U-turn. Last week, the country’s finance ministry stated that it is not in a hurry to introduce the Bitcoin draft law. The ministry is planning to review the draft ...
Ad-Blocking Browser Brave Launches Bitcoin Micropayments
September 2nd, 2016
Web browser developer Brave Software has a new weapon in its arsenal against third-party advertisements. While the Brave browser has been automatically blocking ads that target users based on their browsing habits since earlier this year, the beta version of Brave ...
keza app relaunched enabling bitcoin investing in us stocks
August 31st, 2016
Satoshi Citadel Industries (SCI) has acquired the bitcoin-powered Keza app which allows users to invest in mainstream U.S. stocks, and has relaunched it. The Keza app closed in April shortly after launching, CCN reported. The project had received $357,000 in funding backed by Digital ...
MetLife joins R3 distributed ledger consortium
August 31st, 2016
Insurance giant MetLife, Inc. has joined the R3 partnership, a consortium of 60 of the world’s largest financial institutions focused on designing and applying distributed and shared ledger-inspired technologies for global financial markets. As one of the largest insurers ...
Cyber threat grows for bitcoin exchanges
August 29th, 2016
When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cyber theft — the second largest by an exchange since hackers took ...
Baidu Freezes Bitcoin related promotions
August 29th, 2016
China’s leading search engine Baidu has halted—sans any warning—all bitcoin and digital currency-related advertising on its network. Chinese media outlet CnLedger broke the news on Friday, with a tweet that said Baidu “has stopped all virtual coin related keyword advertising (paid search), including bitcoin.” Local bitcoin exchanges ...
UBS wins big bank backing for Utility Settlement Coin concept
August 24th, 2016
BNY Mellon, Deutsche Bank, Icap and Santander have joined with UBS and Clearmatics to advance the Utility Settlement Coin, an asset-backed digital cash instrument implemented on distributed ledger technology. UBS and Clearmatics floated the model in September 2015 to ...
Litecoin Price Spikes 10% as Coinbase Exchange Turns on Trading
August 24th, 2016
Litecoin prices rose nearly 10% today as word the digital currency would be listed on Coinbase’s GDAX exchange spread among traders. The move by the exchange to list LTC/USD and LTC/BTC currency pairs, however, was long anticipated, given that ...