Bitcoin price is holding on to gains, hovering around $10,000 February 16, 2018 Bitcoin was holding on to gains this morning, hovering around $9,800 a day after it reached $10,000 for the first time following a spectacular crash in which it lost 70 per cent of value in a matter of weeks. The cryptocurrency rose to $10,000 yesterday, for the first time since the end of January, having [...]
Bitcoin, ripple and other cryptocurrency assets are now part of divorce settlements February 14, 2018 Forget the plush pad, wine cellar or luxury car lot – bitcoin is now being fought over by divorcing couples. Cryptocurrency assets are at the centre of three high value divorce cases for law firm Royds Withy King, but that number expected to grow as digital cash becomes more mainstream. “These are the first cases [...]
Government websites have secretly been mining bitcoin in “cryptojacking” of ICO and student loans company with Coinhive February 12, 2018 Government websites in the UK and US, including those belonging to the data regulator and the Student Loans Company, have been secretly commandeered by hackers to mine bitcoin. The website of the Information Commissioner’s Office was among several to be taken offline after a security researcher discovered that malware was being used to illegally mine [...]
A match made in blockchain? The case for bitmarriage February 12, 2018 “Are you married?” For most people this feels like an obvious question. But despite common acceptance of the definition of marriage, marital status can be highly complex. English marriage law comes from a mix of statutes from the last two centuries, which throw up bizarre lacunae: a marriage in a synagogue is automatically legally valid, [...]
Is Lloyds’ decision to ban credit card holders from purchasing cryptocurrency an overreaction? February 8, 2018 Is Lloyds’ decision to ban credit card holders from purchasing cryptocurrency an overreaction? James Collier, a tech entrepreneur, says YES. It is quite clear from Lloyds’ reaction to the blockchain market that the bank fundamentally lacks an understanding of the technology. Out of the 700 or so cryptocurrencies in existence, there are many that, while [...]
Ranked: Here are the 20 wealthiest people in cryptocurrency revealed by Forbes’ first ever Crypto Rich List February 7, 2018 Forbes has compiled its first ever Crypto Rich List to rank the 20 wealthiest people in crypto, saying billion-dollar fortunes have been created almost overnight. Top of the list is Ripple founder Chris Larsen, with Forbes saying his net worth came close to $20bn in early January, as a result of owning 5.2bn XRP – [...]
The office of robots will require more human expertise, not less February 1, 2018 This year is expected to be all about the acceleration of the process to replace people with robotics and automation – but are we really that close to seeing robots as fellow employees in the financial services sector, and, if so, how will it actually work? In reality, it is already working. Robotics Process Automation [...]
Ranked: The British cities most and least at risk of job losses due to automation and globalisation | City A.M. January 29, 2018 Over 900,000 London jobs will be put at risk due to the potential impact of automation and globalisation, but the capital is well-placed to draw in the new jobs technology will bring, according to a new Centre for Cities report. The think tank has London among the 10 cities least at risk of job losses [...]
LatteCoin? Starbucks chairman Howard Schultz denies planning a cryptocurrency launch but says there’s “potential” in blockchain January 27, 2018 There is already a whoppercoin for Russian Burger King, a KodakCoin for image rights, and even a cryptocurrency based on Theresa May. But could caffeine fiends soon be using blockchain to pay for their Venti non-fat latte with caramel drizzle at Starbucks? Not just yet, according to the company’s president and former CEO Howard Schultz. [...]
How ‘blockchain’ compares with ‘dotcom’ in the company name game January 24, 2018 One of the first things you learn as a value investor is to dig below the surface of any potential investment – analysing a business’s balance sheet and other data to ensure you really understand its underlying value, its financial strength and how it works. In short, a relentless focus on the numbers means we [...]