BTC/USD struggles to break above 21 MA, break above confirms bullishness
Jul 22, 2016 07:38 am UTC| Digital Currency
BTC/USD is trading in a narrow range on Friday, between 662 and 666 levels. The pair managed to break above 21 MA recentlybut seems to be failing to sustain its strength. It is currently trading at 665.12 levels at the...
Bitcoin startup Bitnet to sell assets to Japan’s Rakuten
Jul 22, 2016 07:16 am UTC| Digital Currency
Bitnet Technologies Ltd, a bitcoin payments processing firm has announced that it is in the process of selling its intellectual property assets to a Japan-based e-commerce giant Rakuten Inc, Wall Street Journal...
Fintech startup BnL Growth Partners joins Banking on Blockchain Fund
Jul 22, 2016 07:07 am UTC| Digital Currency
BnL Growth Partners, a fintech-focused smartmoney company, has partnered with the Banking on Blockchain Fund to boost investments and facilitate banking use cases in the Central and Eastern European (CEE) blockchain...
Bitcoin Savings and Trust founder sentenced to prison for 18 months
Jul 22, 2016 06:21 am UTC| Digital Currency
In a first U.S. securities fraud case involving a Bitcoin Ponzi scheme, a Texas-based man has been sentenced to 18 months in prison. Trendon T. Shavers, going by the alias pirateat40, was the founder and operator of...
EY Startup Challenge program woos startups to evolve blockchain technological solutions
Jul 22, 2016 05:57 am UTC| Digital Currency
The Ernst Young (EY) Startup Challenge, a six-week mentorship program attracting talents in emerging technology, has announced that it is returning with a focus on building blockchain solutions for two important industry...
Banks unprepared to face challenges posed by digital currencies, Bain's research reveals
Jul 22, 2016 05:36 am UTC| Digital Currency
In a recent survey, management consulting firm Bain Company has found that while theoretically banks are well positioned to confront the changes triggered by the rise of distributed ledgers, the reality is far more...
Coinbase adds Ethereum support for wallet users
Jul 22, 2016 04:32 am UTC| Digital Currency
Coinbase, a San Francisco based leading bitcoin exchange and wallet service, has announced that it is adding support for Ethereum, allowing users to easily buy, sell, send, and store Ether in their Coinbase...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects