Archive for September, 2016

The pressure is building for Deutsche Bank. Germany’s largest and most financially leveraged bank continues to see its stock price languish as other firms distance themselves from the beleaguered financial institution. Indications that the bank may pay billions of dollars to the US government in order to settle charges related to mortgage lending practices have […]

Dash and Monero, two of the top ten cryptocurrencies, gained the following based on their improved privacy options. Monero is ranked as the most privatized money in the world, and while Dash has shifted focus to usability and a robust governance since abandoning the Darkcoin branding, it nonetheless features a Private-Send option for even more […]

Sep 30, 2016

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by: admin

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Tags: Bitcoin, Darkcoin, Money

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Categories: Crypto Currency, Economy

Bangalore-based startup UnoCoin has raised an impressive $1.5 million in a pre-series A funding round Bangalore-based startup UnoCoin has raised an impressive $1.5 million in a pre-series A funding round, the largest sum ever comprised for a digital currency company in India’s history. Among the investors were Blume Ventures, Mumbai Angels, Bank to the Future, […]

Sep 30, 2016

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by: admin

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Tags: Bitcoin, Blockchain, India

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Categories: Crypto Currency, Economy, Market Commentary

The team behind a long-contentious proposal to upgrade the bitcoin protocol has announced it is making new funding available for research. In a blog post today, the Bitcoin Unlimited team revealed it has “several hundred thousand” dollars available to fund work it believes will help restore “Satoshi’s vision” for a global peer-to-peer digital cash system. […]

Sep 30, 2016

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by: admin

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Tags: Bitcoin, Blockchain, Dollar, Satoshis

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Categories: Crypto Currency

Tapping blockchain technology, London-based multinational banking and financial institution Standard Chartered has announced the completion of its first cross-border real-time payment. Standard Chartered is the latest bank to successfully implement a blockchain solution for the payments. As with many banks pulling off the feat for business transactions, Standard Chartered used Fintech startup Ripple’s enterprise blockchain […]

Sep 30, 2016

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by: admin

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Tags: Bitcoin, Blockchain

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Categories: Banking, Crypto Currency, Ecology, Economy

A country with a high-rate of the unbanked, a large informal economy and a tumultuous history of inflation sounds like a perfect scenario for Bitcoin and cyrpyocurrencies to thrive. However, a quick glimpse on Bitcoin-related groups on social media shows otherwise. The Bolivian Bitcoin community is yet to take off. Unbanked majority The majority of […]

Sep 30, 2016

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by: admin

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Tags: Argentina, Bitcoin, Brazil, Inflation, Venezuela, World Bank

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Categories: Crypto Currency, Economy

Brian Kelly is an investor and financial markets commentator, founder and CEO of BKCM LLC and one of the founders of PAR, a blockchain-based hedge fund administration system. In this opinion piece, Kelly argues that making blockchains editable allows users to rewrite history, therefore opening up financial systems to the potential for fraud. *** A […]

Sep 30, 2016

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by: admin

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Tags: Bitcoin, Blockchain, Law

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Categories: Corruption, Crypto Currency, Economy, Government

Can the unbanked benefit from bitcoin, or are they merely the experimental subjects of bitcoin adherents, lobbyists and scientists? This week’s Bitcoin Tracker takes a look at the recent bitcoin projects that are in the news and that are targeting the unbanked. Bitso Eyes The Latin Market The regulatory framework for bitcoin is a mess […]

Fraudsters who hack corporate bank accounts typically launder stolen funds by making deposits from the hacked company into accounts owned by ‘money mules,’ willing or unwitting dupes recruited through work-at-home job scams. The mules usually are then asked to withdraw the funds in cash and wire the money to the scammers. Increasingly, however, the mules […]

Sep 30, 2016

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by: admin

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Tags: Australia, Bitcoin, Canada, Money

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Categories: Corruption, Crypto Currency

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