Tag: cryptocurrency

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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World’s biggest banks join to form blockchain partnership

World’s biggest banks join to form blockchain partnership

Written by on September 17, 2015 in News with 0 Comments

LONDON (Reuters) – Nine of the world’s biggest banks including Goldman Sachs and Barclays have joined forces with New York-based financial tech firm R3 to create a framework for using blockchain technology in the markets, the firm said on Tuesday. It is the first time banks have come together to work on a shared way […]

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Betting on blockchain: firms seek fortune in bitcoin’s plumbing

Betting on blockchain: firms seek fortune in bitcoin’s plumbing

Written by on July 22, 2015 in News with 0 Comments

LONDON (Reuters) – A year ago, bitcoin was widely dismissed as little more than a way for drug-dealers and terrorists to move money around anonymously. Now, some of the world’s biggest banks and companies are buying into the technology behind it. Underlying the controversial web-based “cryptocurrency” is the blockchain (explained here) – a massive ledger […]

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Bitcoin surges as Greece EU exit worries mount

Bitcoin surges as Greece EU exit worries mount

Written by on June 17, 2015 in News with 0 Comments

LONDON (Reuters) – Bitcoin surged by as much as 7 percent on Tuesday and was on track for its longest winning streak in 18 months, as concerns that Greece could tumble out of the euro drove speculators and Greek depositors into the decentralized digital currency. Prime Minister Alexis Tsipras lashed out at Greece’s creditors on […]

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