Search Results for: Bitcoin cash
The world’s first Bitcoin bank opened in Austria
February 16th, 2017
The Austrian capital Vienna has its first ‘Bitcoin bank’, located on the popular Mariahilfer Strasse shopping street. Customers can exchange cash for Bitcoin, and find out information about the digital currency. In January Bitcoin saw its value top $1,000 ...
University of Luxembourg: Researchers develop Zcash cryptocurrency
February 13th, 2017
Scientists at the Interdisciplinary Centre for Security, Reliability and Trust (SnT) of the University of Luxembourg have developed an important mathematical algorithm called “Equihash”. Equihash is a core component for the new cryptocurrency Zcash, which offers more privacy and ...
Hotel pays Bitcoin ransom after guests are locked out of rooms
January 30th, 2017
The Romantik Seehotel Jäegerwirt, Jäegerwirt, a luxury hotel in Austria, has gone public with the news that it was recently the victim of an attack during which hackers took control of the electronic key card system that prevented guests ...
Daimler Financial Services acquires PayCash Europe SA
January 18th, 2017
PayCash Europe SA will become the electronic payment system for services provided by the Daimler Group under the new “ Mercedes pay” brand name “Mercedes pay” enables payments on-the-go with a smartphone Bodo Uebber, Member of the Board of ...
A controversial Russian Ponzi scheme is betting on Bitcoin to relaunch in Nigeria
January 12th, 2017
A month after it suspended operations in Nigeria, Mavrodi Mondial Moneybox (MMM), a Russian Ponzi scheme with over 2 million participants in Africa’s most populous country, is already plotting its comeback. MMM claimed it had to temporarily close operations ...
Bitcoin Extends Loss After China’s Central Bank Warns Investors
January 9th, 2017
PBOC officials tell bitcoin platform to rectify issues Bitcoin surged 120% in 2016 as yuan depreciation quickened Bitcoin extended Friday’s tumble amid concern China will tighten rules on the digital currency to curb capital outflows. The cryptocurrency slid 1.2 ...
Bitcoin price jumped above $1,000 for the first time in three years
January 3rd, 2017
It has been a bumper year for bitcoin. Having risen in value in 2016 by 125 percent the digital currency started the new year by jumping above $1,000 for the first time in three years. As most bitcoin trading ...
China going cashless thanks to fintech boom
December 30th, 2016
Standing in line at a Starbucks in downtown Shenzhen, I suddenly realize that no one in front of me is paying with cash. They aren’t paying by credit card either. In fact, I can’t see a single customer holding a wallet or a ...
World-first listing on CISE for global bitcoin fund
December 21st, 2016
Global Advisors Investment Fund plc (GABI) has today been admitted to the Official List of the Channel Islands Securities Exchange (CISE) to become the first regulated bitcoin fund to be listed on any exchange globally. The CISE has approved ...
Bitcoin crushed every other currency in 2016. Here are five reasons why
December 20th, 2016
Bitcoin, that nebulous digital currency that trades in cyberspace and is “mined” by code-cracking computers, emerged as a better bet this year than every major currency, stock index and commodity contract. The electronic coin that trades – and is ...
