Mining Hardware Company Alpha Technology: Bad Luck or Bad Business?

CCN received a tip from a customer who was very, very unhappy with an often unmentioned Bitcoin mining hardware outfit, Alpha Technology. Here is what he said: This story is the same as KnC’s some guys claiming they could produce a scrypt miner and that they were based in England. I ordered back in May […]

Bankers Begin Using Block Chain Technology Without Bitcoin

Like the Internet did 25 years ago, Bitcoin and its block chain technology are bringing the next generation of technological advancement to industries around the globe. One industry that certainly needs an infusion of new technology and efficiencies is the banking industry. Major financial companies like Goldman Sachs, NASDAQ, and The New York Stock Exchange […]

Financial Institutions Show Interest in Bitcoin Technology

Now that cryptocurrenies are gradually gaining mainstream acceptance, financial institutions are showing increased interest in bitcoin technology. Prior to this, mostly governments were involved in understanding how the digital currency industry could overtake the current monetary system. In particular, the technological innovation behind bitcoin or the blockchain protocol has been the main focus. Industry experts have noted […]

How to Fight Climate Change Using Bitcoin

There have been concerns regarding the negative impact of bitcoin mining on the environment, as the sheer amount of equipment and power needed to carry on these operations might have negative repercussions. However, some bitcoin enthusiasts say that it is actually possibly to fight climate change using bitcoin. Former NASA engineer James D’Angelo pointed to […]

Can Bitcoin Move on from the Closure of Silk Road?

Bitcoin has usually been associated with underground market operations or criminal activity, thanks to its rampant use in Silk Road. This anonymous marketplace has been shut down a few years back and its founder, Ross Ulbricht, recently sentenced to life imprisonment but bitcoin enthusiasts say that this doesn’t mark the end of bitcoin. In fact, […]

Moneytis Launches Open Beta of Global Bitcoin Remittance Service

A new consumer remittance startup is on the block, and it’s bringing bitcoin to new corridors in Europe, China and Mexico. Freshly out of private beta, Moneytis has now opened its beta to the public. The service allows users to send international transfers from their bank accounts to the receiver’s for a fee of two […]