Brave, a cryptocurrency startup, launched a so-called coin offering last week to bankroll a new web browser and was able to raise the equivalent of $35 million. According to a report in Fortune, initial coin offerings, in which companies sell cryptocurrency tokens to backers,is one...
The bitcoin exchange Coinbase, according to The Wall Street Journal, is in the midst of talking to investors about a potential funding round that would value the exchange at around $1 billion. The WSJ stated that its sources remained unnamed people “familiar with the matter.” The WSJ...
BITPoint Japan Co. is reportedly gearing up to enable hundreds of thousands of Japanese retail outlets to accept the digital currency bitcoin, reported Bloomberg News. In a Bloomberg report, Genki Oda, BITPoint’s president, said the company is in talks with a retail-related company and that “by going...
On Monday, bitcoin prices hit a record high at $2,100 per coin. On Wednesday, the cryptocurrency hit another milestone at $2,416 a coin. On Thursday, it peaked at $2,690. But if you ask Wences Casares, CEO of bitcoin wallet Xapo and member of PayPal’s board...
An agreement to upgrade the speed of processing transactions propelled bitcoin to new heights on Thursday (May 25). The value of the cryptocurrency soared another 10 percent to land at $2,690, bringing this year’s total gains to 182 percent. Bitcoin’s Satoshi blockchain can only process...
Coinbase, the world’s largest bitcoin company, announced that it suffered outages this week when the bitcoin exchange saw “unprecedented traffic and trading,” with the digital currency hitting record levels. According to Reuters, Bitcoin fell as much as 6.5 percent to $2,263.72 at around 1730 GMT on...
Bitcoin continued its unprecedented climb on Wednesday (May 24), setting a new record at $2,409 per crypto-coin. The digital currency has more than doubled in value since the start of the year. Bitcoin is a virtual currency that can be moved around the world quickly...
Fidelity Investments announced that it will soon allow its clients to see their holdings of bitcoin and other virtual currencies held on digital asset exchange Coinbase on the company’s website. According to Reuters, this makes the Boston-based asset manager one of a handful of large...
The WannaCry hackers aren’t the only ones asking to be paid in bitcoin. On May 22, Peach Aviation Ltd. announced that it will now accept bitcoin as payment for airline tickets, following in the footsteps of Latvian airline airBaltic and Universal Air Travel Plan. The...
