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 [...]
Blockchain boss Eddy Travia on Coinsilium’s IPO: Why I chose to float a FinTech business in London July 15, 2015 Whilst the bitcoin price may have stolen some headlines during the Greece negotiations it is the underlying technology, blockchain, that is really making waves across the financial world. Last year $330m (around £211m) flowed into bitcoin and blockchain companies, and in the first half of 2015 $373m was invested into the same space, bringing the [...]
Finovate Europe: Global FinTech stars meet up at London’s Old Billingsgate February 10, 2015 London played host to a financial technology (FinTech) showcase yesterday as over 70 startups from around the world met at Old Billingsgate market for a showcase of their latest wares. Each presenting company at Finovate Europe was given seven minutes on stage to wow an audience of over 1,000 executives, venture capitalists, journalists, analysts, and [...]
Will Ecuador ditch the dollar for its own bitcoin? September 1, 2014 Ecuador is launching its first digital currency, backed by the country’s central bank, supposedly as a way to help poorer people who haven’t previously been able to access traditional banking. The nameless crypto-currency will come into use in December and could mean that the country might drop the US dollar – the currency Ecuador introduced [...]
$100,000 in Bitcoin lost in Cannabis Road hack August 25, 2014 Hackers have made off with $100,000 worth of Bitcoin from Cannabis Road, an online marketplace dedicated to Cannabis products, reports cryptocurrency news site Coindesk. Cannabis Road is now offline, and those trying to get onto the website will be greeted with a message informing visitors about the hack and how the developers intend to proceed. [...]
Britcoin surging: A digital currency that claims to uphold “British morals” August 4, 2014 Another day and another cryptocurrency is surging. However, this crypto is not one that has received the attention of Bitcoin, Darkcoin, Peercoin – and understandably so given its size and age. This month-old crypto is none other than Britcoin, a digital currency that "upholds British morals", according to its creator William Thomas. Quite how a decentralised [...]
Bitcoin now legal alternative to US dollar in California June 30, 2014 The governor of California has signed assembly bill 129, which gives Bitcoin and other digital currencies the status of legal money. Jerry Brown's signature has finally clarified Bitcoin as valid form of payment in the golden state after AB-129 was passed in February by the California Senate Banking and Financial Institutions Committee by a 7-1 [...]
Blockchain breaks new ground with DNA wallet June 27, 2014 The blockchain technology which underpins the network of cryptocurency Bitcoin, is breaking new ground through an Israeli startup called DNA.Bits. DNA.Bits is planning to store genetic and medical data, with genetic information available to researchers. However, privacy will be maintained through the use of private keys to keep a digital DNA Wallet. The new technology [...]
Google Glass hits UK: what to expect June 25, 2014 They’re here! And they makes you look just as daft as we thought they would! Google Glass augmented reality specs – a computer you wear on your face, including a camera and personal organiser – have finally hit shelves in the UK – but only for early-adopting geeks rich enough to fork out a cool £1,000. [...]
Bitcoin banned by Bolivian central bank as a threat to national currency June 20, 2014 Bitcoin is facing another crackdown from government authorities after the El Banco Central de Bolivia banned any currency that is not issued or regulated by the Bolivian government. The list of cryptocurrencies that were mentioned by name in the Bolivian central bank's directive included Bitcoin, Namecoin, Peercoin, Quark, Primecoin and Feathercoin. The announcement was the [...]