Bitcoin

Bitcoin
Bitcoin Tracker: Crypto-Catch-22
April 28, 2017

In the last few weeks, three separate bitcoin exchanges have reported a halt on processing transactions in dollars — the result of global banks pulling out of high-risk areas. Banks are still exploring blockchain technology in various capacities — as a consortium in Japan recently...

Bitcoin
Big Banks Pulling Back From Bitcoin
April 27, 2017

As global banks are pulling out of high risk areas, bitcoin seems to be running into a bit of a problem. In the last few weeks, three separate bitcoin exchanges have said they cannot process transactions in dollars as a result of that pullback. Bitfinex,...

Bitcoin
Alleged Bitcoin Creator’s Company Sold To Private Investors
April 25, 2017

Craig Wright, who has claimed to have invented the bitcoin cryptocurrency under the pseudonym Satoshi Nakamoto, has seen the firm built around his research sold to a private equity firm. The company, nChain Holdings, was sold to Malta-based High Tech Private Equity Fund SICAV in...

Bitcoin
Bitcoin Tracker: No More Wire Transfers?
April 21, 2017

Bitcoin’s (BTC) riding high once again as the third week of April rolls to a close. BTC values are rising to approach the all-time highs seen in early March before all the China troubles, the Securities and Exchange Commission denial double whammy and fears of...

Bitcoin
Bitcoin Tracker: Miner’s Delight
April 14, 2017

The past week saw bitcoin (BTC) rise to near-record highs above $1,230, only to fall sharply during Thursday afternoon trading. At the time of writing, one bitcoin was equivalent to $1,174.45, down 3.46 percent from Wednesday’s close and trending downward still. Bitcoin’s come a long...

Bitcoin
Bitcoin Miners Rake In $2B+
April 13, 2017

Bitcoin’s come a long way since its inception way back in 2008. According to a recent report published by the Cambridge Centre for Alternative Finance, being a bitcoin miner has become incredibly lucrative since the cryptocurrency’s early days. In a nutshell, the way miners generate...

Bitcoin
Bitcoin Exchange Sues Wells Fargo
April 12, 2017

A bitcoin exchange has filed suit against Wells Fargo after the U.S. bank limited its ability to move funds globally. Hong Kong-based exchange Bitfinex filed suit in the U.S. District Court for the Northern District of California, alleging that Wells suspended outgoing wire transfers to...

Bitcoin
Bridge21 Using Bitcoins For Remittance To Mexico
April 10, 2017

Bridge21, the startup in Mexico, is aiming to use bitcoin to send money internationally to Mexico. According to a report in American Banker, bridge21 lets users with a bank account in the U.S. send money to a Mexican bank account. Money is withdrawn from the user’s...

Bitcoin
Bitcoin Tracker: A Bitcoin In Spring
April 07, 2017

A beacon of hope has emerged for bitcoin just in time for spring — and it’s brought up prices with it. While the world’s most popular cryptocurrency recently suffered some defeats in the U.S. at the hands of the Securities and Exchange Commission (SEC), bringing...