Mainstream media outlets are beginning to advance the idea that Ethereum and Bitcoin are traditional competitors. This notion does not make much sense. Ethereum and Bitcoin are two different expressions of a similar notion, with important differences that ultimately make them fundamentally different. While it is true both have great uses for online gambling, especially […]
Needham & Co. LLC, a New York City-based investment firm, has begun covering the Bitcoin Investment Trust (BIT), giving it a “buy” rating and a $62.00 price target (PT). Needham estimates the present per-bitcoin value at $655. BIT is sponsored by Grayscale Investments, which is owned by Digital Currency Group, which invests in the blockchain […]
Caribbean digital currency exchange Bitt has received $4m in new funding from online retailer Overstock.
In February, Bitcoin Magazine reported that The Linux Foundation’s Hyperledger Project, a collaborative effort started in December to establish, build and sustain an open, distributed ledger platform that will satisfy a variety of use cases across multiple industries, was announcing new members from across the industry, technical updates and a formal open governance structure. Now, […]
For the past few years, many of the biggest players in the Bitcoin industry have talked about the need to build bridges to the traditional financial system. This sort of basic infrastructure has been in development by Coinbase, the Winklevoss twins and others, and it’s now getting to the point where user-friendly wallets and regulated […]
Deputy Governor of the Bank of England Ben Broadbent has spoken out on the implications of a central bank digital currency (CBDC) for the financial system as we know it. In Broadbent’s lecture at the London School of Economics on March 2, he focused on what a central bank digital currency could look like, and […]
There has been a long list of figures who the press and online commenters have speculated are Satoshi Nakamoto, creator of Bitcoin. At one point, when Newsweek claimed Dorian Nakamoto, an unnamed individual left a cryptographic message stating, “I am not Dorian Nakamoto.” Many argued this in-and-of-itself does not prove Satoshi left the message. Read […]
A research consultant for Canada’s central bank has published a paper that envisions a world with a monetary standard based on bitcoin.
In a nod to the growing popularity of Bitcoin, Microsoft Excel – the most popular and widely used spreadsheet program in the world, will provide native support for the cryptocurrency’s format within the program. The Microsoft Office software suite, a collection of various programs which altogether makes for the most popular and widely used office […]
The headquarters of Brooklyn-based ConsenSys, don’t look like your typical financial sector offices. Check out this rare behind-the-scenes tour.