Swift Payments CEO Doesn’t See Block Chain Replacing Current ‘Efficient’ Banking Systems

While Swift CEO Gottfried Leibbrandt acknowledges that block chain technology is here to stay, he believes some of the current fintech being spoken about is “hype” and notes that blockchains in the private sphere are more substantial than it getting to replace existing commercial banking systems. Speaking to the Financial Times, international payments network Swift […]

5 Awesome Bitcoin stories shared by Redditors

The post 5 Awesome Bitcoin stories shared by Redditors appeared first on 99 Bitcoins. The internet is a great source of amazing stories, and Reddit’s r/Bitcoin is not an exception. Over the past few years, several Redditors and Bitcoiners took to the social platform to share their stories and experiences about discovering, buying and selling cryptocurrency. Some of them […]

Debunking the 11 Most Stubborn Lightning Network Myths

Earlier this year, Joseph Poon and Thaddeus Dryja released the Lightning Network white paper. In it they theorize how a layer on top of the Bitcoin blockchain can allow for instant and cheap bitcoin transactions, while vastly improving its scalability. As a result of the block-size limit debate, the Lightning Network has been getting a […]

The UK Treasury Is Embracing Block Chain, Digital Currencies and Big Data Research

The UK Government’s Ministry for Economy and Finance – Her Majesty’s Treasury, tasked with setting the UK’s future economic policies is steadfast in its approval and welcoming of block chain technology and digital currencies. It started when the UK Treasury issued a public call in November 2014, seeking inputs for ways to effectively regulate digital […]

Chain Games launches a Bitcoin gambling platform with 70% commission

Bitcoin Press Release: San Jose, Costa Rica – October 15th 2015 Chain Games has today launched first two game titles: Fancy Roulette and Fancy Slots. Chain Games enables casino operators to offer new high definition HTML5 games to their players by adding just one line of HTML code to their site. Either embedding the games […]

Bitwala Stakes Claim as the Cheapest Bill Payment Service, Anywhere

Bitwala has announced that it will begin process all Euro transfers via payment processor BitPay and with it – provide the best exchange rate in the market. Netherlands-based Bitwala, a crypto-to-SEPA service that uses its own bank account to make fiat-currency transfers to settle payments for its users who pay in bitcoin; has claimed to […]

UK to spend £10m on cryptocurrency research

Harriet Baldwin, Economic Secretary to the Treasury of UK, in a speech, that she delivered at the Alan Turing Institute for Data Science, has declared a £10million funding for cryptocurrency research. Baldwin also mentioned that the country was working hard to create the right regime for cryptocurrency businesses and to attract overseas investors to the […]