Tag: Bitcoin

With Bitcoin at an all time high, the shadow of a bubble looms

With Bitcoin at an all time high, the shadow of a bubble looms

Written by on August 10, 2017 in Features, News with 0 Comments

LONDON (Reuters) – Bitcoin and other “cryptocurrencies” are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined. The price of a single bitcoin hit an all-time high of above $3,500 this week, dragging up the value of hundreds of newer, smaller digital rivals in its wake. Now some investors fear […]

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Bitcoin Cash split-off gets off to a slow start

Bitcoin Cash split-off gets off to a slow start

Written by on August 3, 2017 in News with 0 Comments

NEW YORK (Reuters) – Bitcoin’s underlying software code was split on Tuesday, generating a new clone called “Bitcoin Cash,” but the new virtual currency got off to a slow start due to lackluster support for its network. The initiative was headed by a small group of mostly China-based bitcoin miners – programmers who essentially operate […]

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News highlights – 31 July 2017

News highlights – 31 July 2017

Written by on August 1, 2017 in News with 0 Comments

News highlights for 31 July 2017 Ukraine cyber attack not just lax IT, but no password discipline KIEV (Reuters) – When the chief of Microsoft Ukraine switched jobs to work for President Petro Poroshenko, he found that everyone in the office used the same login password. It wasn’t the only symptom of lax IT security […]

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Bitcoin speculation does not pose threat to wider arena: BlackRock

Bitcoin speculation does not pose threat to wider arena: BlackRock

Written by on July 14, 2017 in News with 0 Comments

NEW YORK (Reuters) – BlackRock Inc’s global chief investment strategist on Tuesday suggested that loose monetary policy may have aided speculation in digital currencies like bitcoin, but he said the risk to the broader financial system appears limited. The strategist, Richard Turnill, said it might be possible to view price movements in blockchain-based cryptocurrencies as […]

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Bitcoin gains traction even in slow moving asset management situations

Bitcoin gains traction even in slow moving asset management situations

Written by on July 13, 2017 in News with 0 Comments

ZURICH (Reuters) – Wealthy clients of Swiss private bank Falcon will be able to store and trade bitcoin via their cash holdings with the bank from Wednesday, a move that signals the traction the virtual currency is gaining even in slow-changing asset management. The group’s new blockchain asset management service is being offered in partnership […]

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Bitcoin as a currency or credit card – possibly, but then…..

Bitcoin as a currency or credit card – possibly, but then…..

Written by on July 7, 2017 in Opinion with 0 Comments

Ever since its creation, Bitcoin has been derided by various economic experts, who predicted that the cryptocurrency would flop, become worthless, and would never break into mainstream awareness. With Bitcoin flying in the face of those particular predictions, the nay-sayers have instead switched their arguments to the limitation of how it can be used. Of […]

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The risks of the ICO: why Ethereum suffered the flash crash

The risks of the ICO: why Ethereum suffered the flash crash

Written by on June 30, 2017 in Guest Blog with 0 Comments

The cryptocurrency space has been gripped by the ICO (Initial Coin Offering) craze, with many offerings raising tens of millions of dollars in minutes. But the success of ICOs has little to do with advancing the cause of cryptocurrencies as a decentralized key to freedom from central bank tyranny, and more to do with good […]

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News highlights – 15 June

News highlights – 15 June

Written by on June 16, 2017 in News with 0 Comments

News highlights for 15 June Snap shares sink back to IPO levels SAN FRANCISCO (Reuters) – Shares of Snap Inc dropped 4.9 percent on Thursday to their initial public offering price, highlighting investors’ loss of confidence in the social media company that faces fierce competition from Facebook. Read more… Retail reaction to Amazon arrival in […]

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News highlights – 31 May

News highlights – 31 May

Written by on June 1, 2017 in News with 0 Comments

News highlights for 31 May German court rules that parents have no rights over dead children’s Facebook account FRANKFURT (Reuters) – A German court rejected a mother’s demand on Wednesday that Facebook grant her access to her deceased daughter’s account. Read more… Nokia 3310 in Africa? They already have the originals LAGOS (Reuters) – For […]

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News highlights – 14 May

News highlights – 14 May

Written by on May 15, 2017 in News with 0 Comments

News highlights for 14 May Labour shortage pushing midsized Japanese companies to buy robots TOKYO (Reuters) – Desperate to overcome Japan’s growing shortage of labor, mid-sized companies are planning to buy robots and other equipment to automate a wide range of tasks, including manufacturing, earthmoving and hotel room service. Read more… Australia and New Zealand […]

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