Bitcoin receives red carpet welcome in the Isle of Man June 10, 2014 Digital currencies have received a ringing endorsement from the government of the Isle of Man. The crown dependency has announced it will be taking specific measures to protect businesses and customers utilising digital currencies, such as Bitcoin. "Our stance is intended to welcome those who can meet the necessary standards while also preserving the Island’s good [...]
Capital One is looking for someone to help them understand Bitcoin June 9, 2014 One big player in financial services is taking Bitcoin more seriously. Capital One, the US bank holding company, is looking to hire a data scientist to help investigate the impact of the cryptocurrency. Capital One wants a recruit with a bachelor's degree in a quantitative discipline, at least a year of experience with a programming [...]
Why Bitcoin’s extraordinary price rise is driven by more than speculation June 5, 2014 One of the most potent criticisms that has been leveled against the popular cryptocurrency Bitcoin, is that the price is intimately linked with speculation and that there are few fundamental factors driving its extraordinary rise from $5 per Bitcoin in 2011, to $660 today. Those with a more bullish dispositon on the cryptocurrency counter that there [...]
Bitcoin Britain: Could London become the capital of cryptocurrencies? June 4, 2014 Prospects for Bitcoin in the UK have been boosted over the past week after the Financial Conduct Authority (FCA) launched a new fast-track initiative – Project Innovate. Speaking at the project's launch, FCA chief executive Martin Wheatley said, "positive developments" in financial innovation that improve the lives of consumers should be supported by the country's [...]
Apple gives Bitcoin apps new hope June 3, 2014 Apple's latest update to its app store guidelines may have opened the way to allow apps that deal in Bitcoin and other cryptocurrencies. Apps for transmitting "approved virtual currencies" may be permitted so long as they do not break any laws. However, the tech giant did not provide any clarification regarding its new rules. The [...]
Bitcoin set to take on Argentina’s peso as new exchange launches in Latin America June 2, 2014 Bitcoin and Litecoin exchange Bitex.la has made its official launch, with the intention of being Latin America's "first regional exchange". Bitex.la boasts users in Colombia, Mexico, Spain and the US, but hopes to expand to more countries in the near future. The Buenos Aires-based exchange will also be providing services in Argentina, widely touted as [...]
Bitcoin’s success hinges on the rule of law says Canadian think tank May 29, 2014 The success or failure of the world's favourite cyrptocurrency depends on its legal status, according to a research note from the Montreal Economic Institute (MEI). Examining a host of countries that have implemented regulatory frameworks regarding Bitcoin, MEI find there are three factors which are critical to the success of the digital currency. First, users [...]
MtGox operator set to sell Bitcoin trademarks May 28, 2014 The holding company of the stricken Bitcoin exchange MtGox is hoping to sell the trademarked word Bitcoin, according to the Wall Street Journal. Tibanne is looking to raise around $1m from the sale, which would include the Bitcoin trademarks in Japan, the European Union and the Bitcoins.com domain name. The company's chief executive said they [...]
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 [...]