Search Results for: FIA
Bitcoin Got 99 Problems, But What Are The Solutions?
May 19th, 2016
As the volume of transactions on the Bitcoin blockchain keeps increasing, transaction delays have become more apparent. The problem relates to how transactions are processed on the blockchain. Are there any solutions offered by the Bitcoin community yet? Bitcoin ...
The Endgame
May 18th, 2016
And how we got here There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally ...
Bitcoin Exchange CEX.IO Sees over $40 Million in VISA & Mastercard Deposits
May 18th, 2016
European bitcoin exchange CEX.IO has announced a milestone of over $40 million in fiat currency deposits via payment cards. The figure underlines users’ preference of purchasing bitcoins with credit and payment cards over other conventional methods. London-based CEX.IO has ...
Cryptocurrency Exchange Gatecoin confirms that lost $2 Mln in Hot Wallet Breach
May 16th, 2016
Gatecoin, the Hong Kong-based regulated and secure financial institution for blockchain assets has issued an official statement regarding the breach the firm experienced and lost 15% of our crypto-asset deposits. Below is the Gatecoin statement as it was published: ...
Bitcoin operators await regulation in Japan
May 11th, 2016
Bitcoin operators await regulation in Japan amid push for legitimacy and widespread use Bitcoin operators are keenly watching the Diet as it deliberates bills to regulate the currency, believing the legislation is key to regaining the public trust’s in ...
The creator of digital currency service “Liberty Reserve” was sentenced to 20 years in prison
May 9th, 2016
Bitcoin was not the first type of online money to be ever created, as it was preceded by E-Gold and Liberty Reserve, to name a few. The creator of Liberty Reserve was sentenced to 20 years in prison on ...
Craig Wright Says He Will Prove He Is Bitcoin Creator ‘Satoshi Nakamoto’
May 4th, 2016
One day after Australian businessman Craig S. Wright declared he created the virtual currency bitcoin, he says he plans to prove it. After many bitcoin experts expressed skepticism about Mr. Wright’s claims, the 45-year-old computer scientist and engineer wrote Tuesday on his ...
Taking the petro out of the dollar
May 4th, 2016
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While the House of Saud remains strongly resistant to change, a mixture of reality and ...
TICKING TIME-BOMB: Greece set to run out of cash by MAY pushing Europe into ANOTHER crisis
April 28th, 2016
DEBT-ridden Greece is dangerously close to running out of cash and plunging the eurozone into a fresh crisis. Athens desperately needs £4 BILLION worth of aid from creditors but is refusing to make any further cutbacks to government spending. ...
Thomson Reuters Reports First-Quarter 2016 Results
April 27th, 2016
Thomson Reuters (TSX / NYSE: TRI) today reported results for the first quarter ended March 31, 2016. The company also re-affirmed its 2016 full-year outlook. Reported revenues declined 1%. Before currency, revenues grew 1% Excluding recoveries, revenues increased 2% ...