Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

Former SEC Official Rails Against ICOs
Former SEC Official Rails Against ICOs
November 27, 2017  |  Blockchain

Initial coin offerings (ICOs) have sprung up seemingly out of the blue to become the new go-to financing method for up-and-coming startups (often with less...

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Physical Money Is Here To Stay – For Now, Says Bank Of Japan
Physical Money Is Here To Stay – For Now, Says Bank Of Japan
November 23, 2017  |  Bitcoin

Digital currencies are growing in popularity but, in terms of replacing physical money, that isn’t going to happen anytime soon. That’s according to Hiromi Yamaoka,...

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Swiss Consortium Adopts Single Digital Identity For Online Purchases
Swiss Consortium Adopts Single Digital Identity For Online Purchases
November 22, 2017  |  eCommerce

A consortium of nine large companies — including UBS, Credit Suisse, Swisscom, Swiss Post, SIX, Raiffeisen, Swiss Railways, Zuercher Kantonalbank and Mobiliar — will enable Swiss consumers...

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ECB Says Cryptocurrencies Now Too Small To Pose Threat
ECB Says Cryptocurrencies Now Too Small To Pose Threat
November 21, 2017  |  Bitcoin

The president of the European Central Bank, Mario Draghi, said cryptocurrencies in the Eurozone have had a limited impact on the economy. According to a...

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Bitcoin Startup Pulls Disappearing Act After Raising $375K
Bitcoin Startup Pulls Disappearing Act After Raising $375K
November 21, 2017  |  Digital Payments

Confido, the startup that raised $374,477 in an initial coin offering (ICO), has reportedly disappeared with the investors’ money. According to a news report in...

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Top Blockchain CEOs Say Many ICOs Are Fraudulent
Top Blockchain CEOs Say Many ICOs Are Fraudulent
November 20, 2017  |  Bitcoin

Two top bitcoin rivals are in agreement: Many initial coin offerings (ICO) are fraudulent. According to news from CNBC, both Joseph Lubin, co-founder of Ethereum, and...

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Swiss Bank Gives Investors A Way To Bet Against Bitcoin
Swiss Bank Gives Investors A Way To Bet Against Bitcoin
November 17, 2017  |  Bitcoin

Vontobel, the Swiss bank, is giving investors the ability to bet against cryptocurrency, gearing up to launch two mini futures to short bitcoin. According to...

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After Its Big ICO, Tezos May Be In Serious Trouble
After Its Big ICO, Tezos May Be In Serious Trouble
November 17, 2017  |  Blockchain

Troubling times over at Tezos — the blockchain company that made headlines in July when it snapped up $232 million through its independent coin offering. The...

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Tezos Backers Told They’ll Lose All Their Money
Tezos Backers Told They’ll Lose All Their Money
November 16, 2017  |  Bitcoin

Tezos backers who want to get refunds shouldn’t expect to do so, according to news from Reuters, citing Bitcoin Suisse, the Swiss cryptocurrency broker that...

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