Search Results for: Bitcoin
Innovator Launches New Digital Currency eQuid with a Focus on the Money System Side of the Coin
September 6th, 2016
eQuid will launch on select cryptocurrency exchanges in late fall 2016 after running a crowdfunding campaign to build support. When the currency is active on those exchanges, anyone with an account can purchase eQuid. Garth Wells, the founder of ...
Cryptocurrency exchanges under attack, risking repeat of Mt. Gox debacle
August 31st, 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 cybertheft — the second largest by an exchange since hackers took roughly ...
New digital currency Monero spikes after giving criminals more secrecy
August 30th, 2016
Forget Bitcoin. There’s a new digital currency that is surging as online drug-dealers begin adopting it to conduct business with more anonymity. The two-year-old currency Monero has more than quadrupled this month after gaining support from prominent websites that ...
Coda Payments raises $2M to enable alternative online payments in Asia
August 25th, 2016
Relying on credit cards doesn’t work in Southeast Asia, where less than 10 percent of the 600 million population are estimated to own plastic. That makes alternative payments, like bank transfer or over-the-counter, critical for anyone doing business in ...
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 ...
UBS’ blockchain chief is leaving
August 18th, 2016
The man leading UBS’ exploration of blockchain and cryptocurrency technologies is leaving the bank, according to an internal memo seen by Business Insider. Alex Batlin is leaving “to pursue an opportunity outside of UBS” the memo written by UBS’ ...
Multi-platform software wallet Jaxx now stores Dash, the seventh most valued cryptocurrency in the world
August 17th, 2016
Multi-platform software wallet Jaxx now stores Dash, the seventh most valued cryptocurrency in the world with a market cap of about $80 million. Jaxx is available across nine platforms and devices including Android and iOS Mobile, Android and iOS Tablet, Firefox and Chrome Extensions, ...
Banks and tech firms apply blockchain to trade finance
August 10th, 2016
An HSBC (HSBA.L) (0005.HK) and Bank of America Merrill Lynch (BAC.N) venture and financial technology firm R3 said separately on Wednesday that they had created ways of using blockchain technology to simplify trade finance processes. The two banks said ...
Bitfinex looks for fresh funding; spreads losses across all user acounts
August 8th, 2016
Hacked Hong Kong bitcoin exchange Bitfinex is looking to raise fresh funding to compensate user who lost out as a result of a $71 million currency theft last week. In the interim, the exchange is sharing the losses across ...
Kim Dotcom predict that the cryptocurrency will be valued at $2000 per unit by 2017
August 8th, 2016
Megaupload owner, Kim Dotcom, announced via twitter account information about his new venture. It is no secret that the ‘business’ man is working in a new cloud storage service. The German-Finnish entrepreneur revealed however, that is working on a couple of ...
