Bitcoin prices dive as concern over security flaw spooks investors February 10, 2014 BITCOIN prices plummeted as much as 22 per cent during trading yesterday after top Bitcoin exchange MtGox said a flaw with the crypto currency had led it to stop withdrawals last week over security concerns. MtGox described the issue: “A bug in the Bitcoin software that makes it possible for someone to… alter transaction details [...]
Wow, so bucking the trend, very resilience: Why is Dogecoin gaining today? December 20, 2013 While most cryptocurrencies are crashing today – one remains triumphant. Dogecoin has managed to combined two things that are huge right now – virtual currencies and the Doge meme. News that Bitcoin has been hit by fresh regulation in China has seen millions wiped off the market capitalisation of more established currencies, but Dogecoin is [...]
Disruptive technology isn’t a miracle: We can harness its future power now | City A.M. December 20, 2013 THE ASTONISHING rise of firms like Twitter (founded just seven years ago, yet now expected to float for $10bn), is often seen as a grand romantic narrative – an exciting story, difficult to predict. But transformation, disruption, and change should be easier to forecast. The only weapon we need is the deceptively simple power of [...]
Hackers launch assault against Chinese central bank December 19, 2013 The People's Bank of China was hacked on Wednesday in possible retaliation for the country's crack down on the crypto currency Bitcoin. The attack made the Chinese central bank's website temporarily inaccessible. The website was disabled through a Distribute Denial of Service attack. The online Bitcoin exchange BTC China was also hacked. The attack follows [...]
Wow, so bucking the trend, very resilience: Why is Dogecoin gaining today? December 18, 2013 While most cryptocurrencies are crashing today – one remains triumphant. Dogecoin has managed to combine two things that are huge right now – virtual currencies and the Doge meme. News that Bitcoin has been hit by fresh regulation in China has seen millions wiped off the market capitalisation of more established currencies, but Dogecoin is [...]
Forget a Bitcoin bubble: A wider crypto revolt is challenging everything | City A.M. December 13, 2013 FOR ALL the talk of a Bitcoin bubble, it’s easy to miss the real significance of what is currently happening. The rise of Bitcoin is just the beginning. Cryptocurrencies are no longer the domain of activists and grassroots movements, they are nothing less than “new money”. Many are waiting for the moment when a central [...]
Forget a Bitcoin bubble: A wider crypto revolt is challenging everything December 10, 2013 FOR ALL the talk of a Bitcoin bubble, it’s easy to miss the real significance of what is currently happening. The rise of Bitcoin is just the beginning. Cryptocurrencies are no longer the domain of activists and grassroots movements, they are nothing less than “new money”. Many are waiting for the moment when a central [...]
Bitcoin breaches $600 barrier November 18, 2013 Crypto currency Bitcoin has breached the $600 barrier this morning, having passed $500 yesterday. In April the digital store of value crashed from $220 – then thought spectacularly high – to fall below $100. While many thought that this may herald the end for the currency, its value has continued to rise since then (although [...]
Entrepreneurship week comes to London: Four events worth watching November 17, 2013 IT’S GLOBAL Entrepreneurship Week, and this year’s theme (Take a Step Forward) is more timely than usual. Despite record numbers of new startups, UK entrepreneurs still find it more difficult to scale or reach the next stage of their development than their peers in the US. Whatever the reasons (and they are much debated), this [...]
Disruptive technology isn’t a miracle: We can harness its future power now September 15, 2013 THE ASTONISHING rise of firms like Twitter (founded just seven years ago, yet now expected to float for $10bn), is often seen as a grand romantic narrative – an exciting story, difficult to predict. But transformation, disruption, and change should be easier to forecast. The only weapon we need is the deceptively simple power of [...]