Search Results for: Virtual currencies
Swiss canton to launch its own cryptocurrency
February 21st, 2017
Ticino, the southernmost canton of Switzerland, is planning to issue its own local digital currency for everyday use. Its circulation may be confined to Ticino territory. The future cryptocurrency called ticinocoin (TIC) is a brainchild of computer scientists Claudio ...
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 ...
Asia stocks at 19-month high, dollar up
February 15th, 2017
Asian stocks scaled 19-month peaks on Wednesday, helped by a record-setting night on Wall Street after Federal Reserve Chair Janet Yellen flagged a possible interest rate rise next month, keeping the dollar near three-week highs. Spreadbetters saw the boon ...
What’s next for blockchain and cryptocurrency
January 24th, 2017
In May of 2010, someone on a Bitcoin forum by the name of Lazlo claimed to have bought two pizzas for 10,000 bitcoins. It was the first time anyone had purchased anything with the new digital currency, which at ...
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 ...
Gold and Bitcoin jumps after Trump win; investors seek safe assets
November 10th, 2016
Digital currency joins gold surge as bitcoin price climbs nearly 4% after Trump win Trump’s shock election wins sent shock-waves across the world’s financial markets. As uncertainty reigned supreme, investors turned away from equities and towards bitcoin. Joining the ...
U.S. Securities and Exchange Commission to Host Public Fintech Forum
September 28th, 2016
In an announcement today, the Securities and Exchange Commission said it will host a public forum to discuss Fintech innovation at its Washington D.C. headquarters in November. The Securities and Exchange Commission (SEC), the federal body which serves as ...
The Forex business is officially shrinking for the first time since 2001
September 8th, 2016
The latest triennial survey of the FX industry by the Bank for International Settlements (BIS) has revealed a decline in volumes for the first time in 15 years. The conclusions of the survey are broadly in line with the ...
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 ...
