Five fintech trends to watch in 2019 March 6, 2019 | City Talk There’s no shortage of stories on how tech breakthroughs will transform financial services, from changing the way we interact with our personal finances to threatening entire banking institutions with disruption. It can be difficult to predict exactly what this landscape will look like in the next few years, but most seem to agree that the [...]
Ethereum hard fork: What is it, when will it happen and what will it do to prices? January 15, 2019 Tomorrow marks the first major event in the world of cryptocurrencies in 2019, which could bring about a range of consequences from price swings to falling user numbers. But what do analysts think will actually happen? The so-called hard fork, which will see the Ethereum network upgrade its code to sit on a new version [...]
Ethereum hard fork: Just a temporary distraction from the crypto gloom January 7, 2019 | City Talk Ethereum has started 2019 on strong form. Its native Ether cryptocurrency gained 10 per cent in the first week of January, and has doubled in value since bottoming out at $75 in mid-December. It has usurped Ripple to reclaim the latter’s title as the world’s second-largest cryptocurrency. Traders are snapping up the currency ahead of next [...]
The year crypto went crazy: what’s next for bitcoin in 2019? December 19, 2018 This was the year the world woke up to cryptocurrencies. When the Bitcoin price bubble burst in December last year, having hit almost $20,000 (£15,886) per coin in value, governments, banks and tech giants alike began to sit up and take notice. The City was faced with a decision: is Bitcoin a vehicle for fraud [...]
Bitcoin scrambles back above $4,000, on course for biggest rise since April after week of plunging value November 28, 2018 Bitcoin has bounced back above $4,000 (£3,128) today after plunging in value earlier this week. The cryptocurrency hit $4,205.47 during today’s trading, bouncing back from a 14-month low of $3,474 on Monday according to data from Luxembourg-based Bitcoin exchange Bitstamp. Today’s rally has seen a rise of more than 11 per cent and puts the world’s largest [...]
Crypto-craze: Why a third of London investors back digital currencies September 24, 2018 Londoners are twice as likely to invest in cryptocurrency than the rest of the country, new research has found. A total of 30 per cent of London investors are planning to invest in digital currencies in the near future compared to 13 per cent nationwide, according to a survey by Rathbone Investment Management. Read more: Regulate 'Wild [...]
Silk Road case: US agent investigating dark web drug site admits to $800,000 Bitcoin theft September 1, 2015 The drama surrounding the Silk Road case continues, after another US federal agent has admitted to laundering hundreds of thousands of dollars worth of Bitcoin during the investigation. Former secret service agent Shaun Bridges has pleaded guilty to Bitcoin theft, admitting to sending over $800,000 worth of the digital currency to his personal account while [...]
Mark Karpeles: Head of bitcoin exchange Mt. Gox arrested in Tokyo on suspicion of manipulating data August 1, 2015 The chief executive of bankrupt bitcoin exchange Mt. Gox has been arrested by Japanese police on suspicion fiddling with transaction data to inflate the balance in an account under his control. Read more: Why the end of MtGox is great news for Bitcoin Mark Karpeles is being held in Tokyo for allegedly manipulating transaction records on [...]
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 [...]