Apple Pay, one year later: Why mobile payments have failed to catch on as we’re still looking for something better December 17, 2015 Mobile payments became a hot topic just about the time when first iPhone was introduced by Steve Jobs in 2007. Back then experts in payment, retail, telecommunication, and banking industries started thinking about a smartphone as a viable alternative to physical wallets suggesting many different technologies, but no one knew how exactly the winner was [...]
Bitcoin just became the national currency of Atlantis (really) December 14, 2015 No seriously, bear with us here… Bitcoin just became the national currency of the tiny island Pontinha, a self-proclaimed country off the coast of Portugal. The micronation, which is in the process of being renamed Atlantis after the mythical lost civilisation, has officially adopted bitcoin as its currency – making it “the first country in [...]
Banks are still betting on blockchain over bitcoin December 10, 2015 Bitcoin is back in the limelight, with speculation again swirling around the mysterious identity of the creator of the world’s biggest cryptocurrency. Intense media coverage caused a spike in the bitcoin price, following the publication of parallel investigations by tech news sites Wired and Gizmodo into the identity of the founder. In Wired’s own words: [...]
Bitcoin price surges after Craig Wright supposedly identified as anonymous creator Satoshi Nakamoto December 9, 2015 Bitcoin’s on the move again, with the cryptocurrency spiking $16.50 over a 15-minute period following reports that the true identity of its mysterious creator had been uncovered. The digital currency is currently trading at $415 and is moving up. But experts are split on whether the potential unmasking of anonymous creator Satoshi Nakamoto is the [...]
Bitcoin Black Friday 2015: Get your bitcoin wallets ready as the cryptocurrency gets in on the retail bonanza November 27, 2015 Get your bitcoin wallets ready: Bitcoin Black Friday is here again. Because of course, this year’s biggest shopping frenzy is hardly restricted to high street shoppers, and bitcoin spenders will be able to make the most of slashed-price bargains until midnight today. Over 150 merchants are offering discounts to mark the event, as the sale [...]
Bitcoin price: More people are now searching for bitcoin than Chinese yuan or Japanese yen – but it can’t match the pound or the dollar November 16, 2015 Bitcoin’s wild surge and fall has had people flocking around the cryptocurrency. Now fresh data reveals that more people are interested in finding out how bitcoin is doing than the Chinese yuan, or renminbi. Google search data shows that more people have been searching for the digital currency than the renminbi over the past month, [...]
Bitcoin has no future, says UBS chairman Axel Weber at Bank of England’s Open Forum November 11, 2015 The chairman of investment bank UBS, Axel Weber, has played down the potential of crypto-currencies such as Bitcoin. During a discussion at the Bank of England’s Open Forum, he said private currencies will fail to take off “because there is no lender of last resort – there will always be boom and bust”. During a [...]
Bitcoin price has smashed the $500 mark November 4, 2015 Bitcoin has gone through the roof, with the cryptocurrency passing $500 – a new 2015 high. The digital currency has surged 50 per cent in the past five days alone, as its gains have begun accelerating dramatically on the back of the EU’s recent decision to accept it as a currency. Charles Hayter of CryptoCompare [...]
Jeremy Corbyn and the leadership result: Labour’s Thatcher moment won’t win over the country September 10, 2015 Say what you like about Jeremy Corbyn, but at least you know where he stands. His principled, straight-talking platform has the potential to transform the Labour Party. In fact, Corbyn could change Labour as radically and fundamentally as Margaret Thatcher changed the Conservatives. Indeed, while he would not thank me for saying this, [...]
The blockchain won’t just change banking – it could help you buy your house July 21, 2015 There’s been a lot of attention focused on Bitcoin in recent years but arguably the most intriguing aspect of this crypto currency is the technology that underpins it – the blockchain. The blockchain facilitates Bitcoin and works by sequentially ordering blocks of transactions into a chain which is distributed to and can be viewed [...]