Darkcoin crashes 23pc after blockchain forks May 27, 2014 Privacy centred cryptocurrency Darkcoin has suffered a massive 23 per cent fall after its blockchain split into several forks. Cryptocurrencies can only have a single path stemming from the original block. However, one-block forks can be created when two blocks come into being only moments apart. Yesterday, Darkcoin implemented the much anticipated masternodes, which conceal [...]
Darkcoin surges ahead of Dogecoin to become fourth biggest cryptocurrency May 22, 2014 The good news just keeps on coming for privacy-centered cryptocurrency Darkcoin. In just 24 hours the digital currency has jumped 30 per cent to $10 per Darkcoin. Darkcoin's market cap has raced ahead of peers such as Dogecoin, reaching $43.2m. Darkcoin is now within striking distance of fellow virtual currency Peercoin, ranking as the world's [...]
Darkcoin surges ahead of Dogecoin to become fourth biggest cryptocurrency May 22, 2014 The good news just keeps on coming for privacy-centered cryptocurrency Darkcoin. In just 24 hours the digital currency has jumped 30 per cent to $10 per Darkcoin. Darkcoin's market cap has raced ahead of peers such as Dogecoin, reaching $43.2m. Darkcoin is now within striking distance of fellow virtual currency Peercoin, ranking as the world's [...]
Bitcoin in China and an episode of The Good Wife. What’s the connection? May 21, 2014 CEOs of some of the world's largest Bitcoin exchanges are meeting in Beijing at the Global Bitcoin Summit to discuss the future of the cryptocurrency. At an off-conference event, digital currency news website Coindesk, interviewed the founders of OKCoin and Huobi. Amid the discussion of China's regulatory clampdown and plans for the future, OKCoin's founder Star [...]
Central bank report says Bitcoin could threaten the global financial system May 15, 2014 A report by the Bank of Canada (BoC) has warned that the widespread adoption of cryptocurrency Bitcoin could bring serious risks to the established financial system. Entitled Understanding Platform Based Digital Currencies, the authors wrote "there could be potential risks to overall financial stability if Bitcoin became a significant means of payment and the Bitcoin [...]
Richard Branson bets on Bitcoin with new stake in payment firm May 13, 2014 BITPAY, the Atlanta-based Bitcoin payments processor, has reportedly raised $30m (£17.8m), and Richard Branson is one of the investors. In an email cited by the Wall Street Journal, the business magnate took the opportunity to make a statement about virtual currency more widely, saying: “Banking as we know it is in the midst of enormous [...]
Darkcoin: The cryptocurrency putting privacy first May 12, 2014 One of the newest cryptocurrencies has been experiencing a surge in recent days. Created on 18 January 2014, Darkcoin has seen its price jump from $1.65 last Thursday to $2.58 today, while its market capitalisation has boomed from less than $7m to more than $11m. This new cryptocurrency has not been been created to lower [...]
Introducing Bitcologne: The world’s first cryptocurrency themed fragrance May 6, 2014 A whiff of something fresh in the cryptocurrency space. Eruditium has launched a new company – Bitcologne – as the vessel for the world's first Bitcoin-themed cologne. The fragrance is "bold" and "goes against the traditional model of more commercial fragrances." "You won't get gimmicky, small, over-compensating-ly flashy or over-priced bottles of cologne," says the [...]
Bitcoin CEOs pull out of global summit amid regulatory crackdown May 6, 2014 The CEOs of five Chinese Bitcoin exchanges have pulled out of the Global Bitcoin Summit, reports CoinDesk. The chief executives of OKCoin, Huobi, BTC China, BtcTrade and CHBTC said they would no longer attend large-scale Bitcoin conferences and events. In further bad news for the cryptocurrency, BTC China announced today that it had suspended yuan [...]
Why this central bank isn’t worried about the rise of Bitcoin May 1, 2014 Top officials from the Canadian central bank have said they are not worried about the rise of Bitcoin and other digital currencies. Speaking to the Senate banking committee, Bank of Canada (BoC) governor Steven Poloz said "these are early days … and so far digital currencies have not made it to what we call money." [...]