On January 20, 2016 at the World Economic Forum in Davos, during the panel on Transformation of Finance, the International Monetary Fund (IMF) released a paper titled “Virtual Currencies and Beyond: Initial Considerations.” “Virtual currencies and their underlying technologies can provide faster and cheaper financial services, and can become a powerful tool for deepening financial […]
The long-lasting block-size dispute has catapulted into the center of attention again. One of the most talked-about developments is Segregated Witness, of which a public testnet iteration was launched last week. The innovation as recently proposed by Blockstream co-founder and Bitcoin Core developer Dr. Pieter Wuille is a centerpiece of a scalability “roadmap” set out […]
Bitcoin users have not been shy about using the currency to make large purchases in the past. With the wide range of Bitcoin-friendly retailers on the Internet, it’s become even easier to purchase everything from land to jewelry with the digital currency. As of January 17, 2016, in Philadelphia, you could buy a condo. The […]
As the #3 cryptocurrency in the world for consumer payments behind Bitcoin and Litecoin, Dash is in the spotlight for doubling its blocksize (from 1 MB to 2 MB) recently. Furthermore, the alternate currency claims to be superior to Bitcoin in a number of ways such as: aiding in better person-to-person commerce due to its […]
BNY Mellon hosted a blockchain discussion event at its Jersey City, New Jersey, campus earlier this week.
Ripple, a provider of financial settlement solutions, and SBI Holdings, Inc., a financial services company, have partnered in launching a new company, SBI Ripple Asia, to serve China, Japan, Taiwan, Korea and ASEAN countries. SBI Ripple Asia will establish a sales and engineering group to sell and install its enterprise solutions for cross-border payments at banks. […]
First Bitcoin Capital Corp., which bills itself as the first vertically-integrated, publicly-traded bitcoin entity, has signed an evaluation agreement with Emercoin International Development Group to provide distributed blockchain services for business and personal use. First Bitcoin Capital Corp. is a Vancouver, Canada-based mining company holding concessions in gold in Venezuela and is working on a […]
SBI Holdings, the financial services business division of Japan’s SBI Group, has announced it is creating a new company with Ripple.
A draft bill that would ban “money surrogates” was submitted to the Russian Parliament last month. But what might it mean for digital currencies?
BTCC, one of the world’s largest bitcoin exchanges by market share, has recently reported unusually high transaction volume following the recent slump in values of global stock and commodities. “The trading volumes we saw over the past few days are not the highest we have seen since 2011, but we expect greater trading volumes in […]