Archive for June, 2015

Russia’s ruble has been on a roller-coaster ride, facing the second biggest drop in value of global currencies in 2014, then bouncing back this year with the highest rise against the dollar, euro, pound and yen. Even tech giant Apple took time off from online sales in Russia due to ‘extreme’ ruble fluctuations in December, […]

Recently, Wall Street companies have become increasingly interested in Bitcoin’s technology. One of these companies is Nasdaq OMX Group Inc.; this week Nasdaw announced a partnership with Cain – a new San Francisco-based startup – for a ‘Pilot Test Program’ to test trading private company shares with the blockchain. Also Read: Nasdaq OMX to Bring […]

Jun 30, 2015

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by: admin

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Tags: Bitcoin, Blockchain, Nasdaq

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Categories: Crypto Currency, Economy

Primedice, one of the biggest bitcoin gambling sites, has suffered a loss of $1 million when one of its members figured out a way to game the system. The user went under the name ‘Hufflepuff’ and was able to device a method to hack the dice roll game that allows people to win bitcoin. According […]

Jun 30, 2015

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by: admin

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Tags: Bitcoin, Money

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Categories: Crypto Currency

BitGo has announced a new service that leverages the security firm’s status as a consigner on its multisig accounts to allow customers the means to provide greater financial transparency. As part of the announcement, bitcoin firm ChangeTip will use the new Verified by BitGo service to demonstrate its account holdings. The tipping platform will display […]

Jun 30, 2015

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by: admin

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Tags: Bitcoin, Liabilities

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Categories: Crypto Currency, Economy

Blockchains without bitcoin? The idea has been swirling around in bitcoin conversations as of late. At the front of the conversation is blockchain consultant Tim Swanson who often injects skepticism into the space. He explained some of the details of permissioned blockchains and how that would work in last week’s Epicenter Bitcoin, a podcast dedicated […]

Jun 30, 2015

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by: admin

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Tags: Bitcoin, Blockchain

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Categories: Crypto Currency, Economy

Many entrepreneurs from all over the world are keeping a close eye on Bitcoin and blockchain technology. Ever since Bitcoin started gaining popularity in 2011, quite a few entrepreneurs have dabbled in digital currency companies, not always knowing what they were getting themselves into. SmartUp is an application that virtually mentors entrepreneurs, which could be […]

Jun 30, 2015

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by: admin

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Tags: Bitcoin, Blockchain, Money

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Categories: Crypto Currency, Economy

Australia’s second-largest bank Westpac has directed its venture capital fund, Reinventure Group, to invest in Coinbase, a San Fransisco-based Bitcoin startup. It is believed that the aforementioned vertical has joined the Coinbase’s $75 million funding round, the same which received support from some of the biggest financial sharks, including New York Stock Exchange (NYSE) and […]

Kraken has officially launched in Canada following a partnership with digital currency industry-focused risk management specialist Vogogo. The San Francisco-based bitcoin exchange now allows users in Canada to convert Canadian dollars into digital currencies using Interac e-Transfer and electronic fund transfers (EFT). Trading fees are then priced between 0.10% and 0.35%, with more active traders […]

Jun 30, 2015

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by: admin

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Tags: Bitcoin, Canada, Dollar

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Categories: Crypto Currency, Economy

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