Search Results for: digital currency
The Central Bankers’ Bold New Idea: Print Bitcoins
July 20th, 2016
When it comes to bitcoin and digital currencies, central banks might be considering the adage: “If you can’t beat them, join them.” In a research paper published on Monday, economists at the Bank of England advocated that central banks issue their own ...
Bitcoin Trading is Exceeding Gold Trading in Brazil
July 14th, 2016
A report has revealed that the total value of bitcoin trading among digital currency exchanges in Brazil has now surpassed that of gold spot trading on the Brazilian Securities, Commodities and Futures Exchange – the country’s securities market authority ...
Bitcoin challenger YoCoin launches
July 8th, 2016
Cryptocurrency has become a phenomenon that will not be going away anytime soon, and YoCoin is leading the charge to take cryptocurrencies mainstream and make them accessible to everyone. Unlike most of the alternative cryptocurrencies, YoCoin is a decentralized, ...
Social Media Blockchain Steem Issues $1.3 Million Payout To Steemit Users
July 6th, 2016
Steemit users had countless reasons to celebrate this most recent Independence Day Weekend thanks to a special reward. On July 4, the fast-growing social media site Steemit distributed digital currency payouts worth approximately $1.3 million, or 10% of Steem’s ...
The 18 companies that control bitcoin in 2016
July 1st, 2016
Flashy startups like Coinbase, Circle, Blockchain, and BitPay are some of the most famous companies in bitcoin. But arguably more important are the miners — individuals and organisations who form the core backbone of bitcoin, ensuring the digital currency’s ...
Is Bitcoin money?
June 30th, 2016
Is Bitcoin actually money? American Banker reports a Florida circuit court judge will rule on the question Friday (July 1) as part of a “first-of-its-kind money-laundering case.” The report says Michel Espinoza was arrested at a Miami Beach motel in February ...
Possible Consequences of Brexit on the FinTech Industry
June 29th, 2016
Financial Technology (FinTech) is an economic ecosystem or industry consisting of companies, mainly startups, that employ technology in an innovative way in order to improve the way that financial services operate, e.g. payments and transfers, auditing, contracts, policy enforcement, ...
Australia has sold $22 million worth of seized bitcoins in a global auction
June 29th, 2016
Australia has sold $22 million worth of bitcoins seized as the proceeds of crime in a global auction. Ernst and Young transactions partner Adam Nikitins said multiple bidders claimed 24,518 units of the digital currency during the auction, which ...
Kraken Acquires Dutch Bitcoin Exchange CleverCoin
June 28th, 2016
San Francisco-based digital currency exchange Kraken is making yet another acquisition, scooping up Dutch exchange CleverCoin. The deal is Kraken’s second acquisition of 2016, coming just over five months after it purchased New York-based Coinsetter, which had acquired Canadian bitcoin ...
Investors see bitcoin as safe haven
June 27th, 2016
Demand is up following drop in pound as a result of Brexit Demand surged for bitcoin as a safe haven from the British pound, which plummeted after the UK voted to leave the European Union (EU). The pound fell ...
