Search Results for: mining
Bitcoin.com co-founder sells entire stash, calls it ‘virtually unusable’ as a currency
December 19th, 2017
In an interview with Swedish website Breakit, Emil Oldenburg, the co-founder and chief technology officer of Bitcoin.com — which offers various services including mining, currency exchange and wallet storage — warned very high fees and long transaction waiting times ...
Interactive Brokers LLC pays $250,000 penalty
December 14th, 2017
Interactive Brokers LLC (‘Interactive’) has paid a penalty of $250,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (‘the MDP’). The MDP found it had reasonable grounds to believe that Interactive had breached ...
Bitcoin: Does it really use more electricity than Ireland?
December 12th, 2017
Can something which has no physical presence consume as much electricity as an entire country? The internet has recently been awash with claims that the digital currency Bitcoin could be using more electricity than a number of developed nations. ...
Bitcoin Futures Trading Begins On CBOE Futures Exchange In Chicago
December 11th, 2017
Bitcoin has begun trading on a major exchange for the first time, launched on the CBOE Futures Exchange in Chicago at 23:00 GMT Sunday, allowing investors to bet on whether Bitcoin prices will rise or fall. In the lead-up ...
A little-known digital currency surges 70% after teaming up with firms like Microsoft
December 7th, 2017
A digital currency has added more than $3 billion to its market value after the firm behind it said it was teaming up with a number of big tech firms, including Microsoft and Samsung on a “data marketplace.” Called ...
Oil prices latest update
November 30th, 2017
Oil prices edged up on Thursday, ahead of an OPEC meeting in Vienna at which producers are expected to extend a supply-cut deal that came into effect in January with the goal of tightening supplies and propping up prices. ...
J.P. Morgan Securities fined $1.25 Million
November 22nd, 2017
The Financial Industry Regulatory Authority (FINRA) announced it has fined J.P. Morgan Securities, LLC $1.25 million for failing to conduct timely or adequate background checks on approximately 8,600, or 95 percent, of its non-registered associated persons from January 2009 ...
Overall Demand For Platinum Is Forecast To Increase In 2018: WPIC
November 21st, 2017
The World Platinum Investment Council (WPIC) announced the publication of its latest Platinum Quarterly – the first independent, freely-available, quarterly analysis of the global platinum market. This report incorporates analysis of platinum supply and demand for the third quarter ...
Cryptocurrency is hot commodity as Bitcoin reaches record-high value
November 20th, 2017
Cryptocurrency is a digital currency with no physical form or intrinsic value, but is an increasingly hot commodity as Bitcoin, its most well-known iteration, flirts with a record high. Bitcoin, the self-proclaimed original decentralized digital currency, is hovering around ...
Oil Prices Leap On Back Of Major Pipeline Leak
November 20th, 2017
The combination of a major US pipeline leak of 795,000 litres and additional OPEC production cuts saw oil prices jump more than two per cent after a series of falls. Brent crude contract prices for January closed at $US62.72, ...
