SEC Closely Monitoring Proliferation Of Blockchain Technology, Chairwoman White Says
Apr 04, 2016 05:26 am UTC| Digital Currency
Speaking at the SECs and Rock Centers Silicon Valley Initiative, the chair of the Securities and Exchange Commission (SEC) shed light on how the SEC is monitoring and responding to developments in the private markets, as...
Caribbean Bitcoin Startup Bitt Receives Funding From Overstock
Apr 04, 2016 04:34 am UTC| Digital Currency
Online retailer Overstock.com, Inc. has made a strategic investment in a Caribbean-based financial technology firm Bitt.com. Overstock.com is investing $4 million in Bitt initially. The announcement was made at a media...
The "halving" sounds like a horror story and may well turn out to be one for Bitcoin
Apr 03, 2016 23:32 pm UTC| Digital Currency
Bitcoin relies on the participation of people and organisations to act as the bankers of the system. Called Bitcoin miners, they effectively record each transaction on a ledger called the Blockchain and in return, they are...
Apr 01, 2016 12:20 pm UTC| Digital Currency
Ransomware attacks can be regarded as the dark side of the ongoing technological revolution. Ransomware encrypts files, so that people can no longer access their data and demands payment for decrypting the files. These...
Citi Discusses Digital Disruption, Says Blockchain Still A ‘Bleeding Edge’ Technology
Apr 01, 2016 11:52 am UTC| Digital Currency
US bank Citi has released a new report discussing how fintech revolution is forcing banking system to a tipping point. Titled Digital Disruption, the report among other things, tries to answer the question Blockchain: The...
US Bank Regulator’s Vision For Responsible Innovation Includes Distributed Ledger Technology
Apr 01, 2016 10:58 am UTC| Digital Currency
The US Office of Comptroller of the Currency (OCC) has released a new white paper that describes its vision for responsible innovation in federal banking system. The paper entitled Supporting Responsible Innovation in...
Bitcoin Standard Would Not Last Long, Says Bank of Canada Researcher
Apr 01, 2016 10:10 am UTC| Digital Currency Central Banks
Warren E. Weber, Research Consultant, Bank of Canada, has published a new working paper that envisions a world in which countries are on the Bitcoin standard, a monetary system in which all media of exchange are Bitcoin or...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects