Search Results for: Digital currency
Bitcoin Just Surged Past $7,000. Here’s Why
November 3rd, 2017
As of late Thursday, the price of Bitcoin was about $7,000, having reached the threshold for the first time just hours earlier. The upswing continued a rally that started Wednesday, when the Chicago Merchantile Exchange announced plans to offer ...
Bitcoin Is Paying Out Dividends Now — Just Not to Everyone
October 25th, 2017
On top of stupendous capital gains, investors in bitcoin are also getting a dividend — if they’re lucky. A split in the blockchain created a new offshoot in the form of bitcoin gold on Tuesday, with bitcoin holders receiving ...
FMA commentary on ICOs and cryptocurrencies
October 25th, 2017
The Financial Markets Authority (FMA), a regulatory authority for the capital markets and financial services in New Zealand, has published commentary on initial coin offers (ICOs) and cryptocurrency services alongside online resources for investors. Innovation is increasingly shaping financial ...
Bitcoin market cap tops $128 billion for the first time in its history
October 23rd, 2017
Institutional investors are avoiding Bitcoin, saying it is the most crowded trade in global markets. On Monday, the crypto-currency experienced a surge in trading volume that boosted it to $7710 a coin ($US6026) and surpassed a market capitalisation of ...
Breaking: Russia officially decided to regulate bitcoin and other cryptocurrencies
October 12th, 2017
The Russian government has decided to officially regulate the mining and circulation of cryptocurrencies. The decision was made at a meeting between President Vladimir Putin with officials and business leaders. “We have agreed on the following: the state should ...
Feds Miss out on $600 Million Payday in Silk Road Bitcoin Auction
October 9th, 2017
The U.S. Department of Justice recently claimed the proceeds from the sale of 144,336 bitcoins found in Ross Ulbricht’s laptop, gained from Silk Road’s seizure in 2013. Claiming the proceeds took a couple of years, and netted the government little over ...
Government officials fired when caught mining bitcoin using government computers
October 5th, 2017
Two government officials of the Crimean Council of Ministers were caught mining bitcoin using government computers and were subsequently fired. They reportedly installed “malicious software” on the government’s server and programmed over a dozen computers to mine bitcoin. The ...
Canadian Securities Regulators Announce Ban On Binary Options
September 29th, 2017
The Canadian Securities Administrators (CSA) announce the implementation of Multilateral Instrument 91-102 Prohibition of Binary Options, which makes it illegal to advertise, offer, sell or otherwise trade binary options shorter than 30 days with any individual. “Binary options are ...
Deloitte announces record global revenue of US$38.8 billion
September 15th, 2017
Deloitte Global today reported aggregate member firm revenue of US$38.8 billion for the fiscal year ended 31 May 2017 (FY2017), representing a 7.1 percent revenue increase in local currency terms or a US$2 billion revenue increase and 8.3 percent ...
Town in Switzerland accepts tax payments in bitcoin
September 13th, 2017
Switzerland ramped up its bid to become a global hub for financial technology (fintech) and cryptocurrency start-ups with the decision by a town on the Italian border to accept tax payments in bitcoin. Chiasso announced that it would take ...
