Blockchain is touted as a technology that will revolutionize the finance sector. Slow transaction speeds and a lack of standardization threaten to restrict growth. Deloitte has highlighted five hurdles that the technology must overcome to hasten widespread adoption.
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Success could transform these territories into cryptocurrency tax havens and safe spaces, and models for smaller economies of the future. Payday won’t be the same next year for the soccer players of Gibraltar United, a team in the premier division of the sport’s league in the British overseas territory. Only a part of their salary […]
Right now, there’s an online bidding war over whether or not Donald Trump will die before the year is out. All a would-be assassin has to do is stake a whole bunch of money on “yes” and they’d make a fortune. These not-quite death threats reportedly lodged against the president and other public figures, including […]
Public embarrassment is a horrible feeling. We’ve all experienced in one form or another. Predicting the future of technology is daunting enough but mix that with the future of money and markets – forget about it. The effort was to convey a whole worldview in less than ten minutes. Needless to say, it required a […]
At this point, mining Bitcoin requires such intensive, specific hardware that the only way for most people to get in on the crypto game is to simply purchase the coin via an exchange. But that doesn’t mean mining has slowed down. Rather, the opposite has been happening, giving environmentalists (and anyone but the most adamant […]
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.
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.