The cryptocurrency market, which trades various digital-based coins, can look exciting, scary, and mysterious all at once to the casual observer. Its pioneer, Bitcoin, dramatically surged in value and steeply dropped (before picking back up) in recent months. ICOs (initial coin offerings for new cryptocurrencies), meanwhile, are emerging at a head-spinning rate.
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It could transform how we track nearly every transaction. You may have heard the term “blockchain” used when people talk about cryptocurrencies like bitcoin. If you’re unsure of what it means, think of blockchains as ledgers that keep track of transactions. In the case of bitcoin, the blockchain is a record of financial transactions between […]
Venezuela launched the presale of its own cryptocurrency, the petro, today. There are currently 82 million tokens available, which the government plans to follow with an initial coin offering (ICO) launch in a month. It’s the world’s first sovereign cryptocurrency, built on the Ethereum blockchain and intended in part to save the country from wild […]
Bitcoin futures debut with 26% rally, trigger Cboe trading halts.
Square’s Cash app has added new features that allow users to buy and sell bitcoin. Currently, the features are in beta and available to a small number of users, but future updates may add support for easy bitcoin transactions between friends and family members.
Blockchain technology is being used to distribute the financial market, rather than keep it in the control of a few major companies. Now, a startup wants to do the same for artificial intelligence.
Blockchain technology has been slowly creeping into our lives, and today its presence can be felt like never before, with Google search trends showing new records and the collective cryptocurrency market cap being at its highest.
Financial institutions have been taking a good hard look at blockchain, and now, six of the world’s biggest banks have decided the best way to take advantage of the decentralized, distributed digital ledger technology is by partnering on their own cryptocurrency.
Blockchain, the secure distributed ledger technology first created to track bitcoin ownership, has taken on a number of new roles in recent years tracking anything of value from diamonds to real estate deeds to contracts. The blockchain offers the promise of a trusted record that can reduce fraud. Some industry experts say that over the […]
In early June, Russian President Vladimir Putin attended the annual St. Petersburg International Economic Forum. The headline moment at the event was a wide-ranging and at times combative interview with Megyn Kelly. But Putin quietly made news in another way—he signaled an official volte-face on the issue of cryptocurrencies, digital financial instruments such as bitcoin.