Business

The latest Bitcoin inventor claims don't add up
www.theverge.com

Bitcoin is based on a simple idea: all you need is math. It's the same idea that fueled the cypherpunks and forged large parts of the web. If you get the math right, you can trust it, and then you don't need to trust authorities or institutions. Over ...

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Cryptocurrency Competition: What's Next in Alt Spending
www.trefis.com

The advent of the internet has changed virtually every aspect of our lives – from dating and shopping, to even money. Cryptocurrencies such as Bitcoin (which has cemented itself as the leader) serve as a medium of exchange that converts traditional ...

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​Former bitcoin miner Digital X reports $1.2m Q3 loss
www.zdnet.com

Fintech firm Digital X has reported a third quarter operating loss of $1.27 million. For the three months ended March 31, 2016, Digital X's bitcoin trading activity produced approximately $5.7 million in revenue, which the company said helped to offset ...

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First Bitcoin ATM arrives in Akron as virtual currency challenges the real thing
www.ohio.com

But the new machine tucked into the back corner of Starz Market across from the University of Akron could be a digital banking revolution in a box. This specialized ATM offers deposits and withdrawals of Bitcoin, the most widely circulated digital ...

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Opposition to bitcoin isn't unique. We've seen this before — with a happy ending
venturebeat.com

From the story of Nikola Tesla, I saw parallels between his invention, alternating current (AC), and what bitcoin has been experiencing for some time now. On June 6, 1884, Tesla arrived in New York. The Serbian immigrant, who was from modern day ...

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Blockchain platform, Emercoin, moves beyond cryptocurrencies
bravenewcoin.com

While cryptocurrencies have received increasing attention with the rise of Bitcoin, there is perhaps more excitement and utility for real businesses in using the underlying technology, the blockchain. Founded by Shumilov in December 2013, Emercoin was ...

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Blockchain Platform Emercoin is Moving Beyond Cryptocurrencies
bitcoinist.net

Though cryptocurrencies have received much attention with the rise of Bitcoin, what has resulted in more excitement and utility for real businesses has been what is possible using the underlying technology of cryptocurrencies, the blockchain. The team ...

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Bitcoin price hits 18-month high at $465
www.marketwatch.com

Bitcoin, the world's largest digital asset and payment system when measuring by market capitalization, hit an 18-month high just north of $465 earlier this week, according to Coindesk's bitcoin price index. The price for the so-called cryptocurrency ...

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Bitcoin Price Ends Turbulent Week as Bull Run Fades
www.coindesk.com

Bitcoin prices fluctuated significantly during the week ending 29th April, reaching a yearly high of $470 before falling below $440. Global bitcoin prices enjoyed a strong rally at the beginning of the week, rising 4.2% from $451.10 at 12:00 UTC on ...

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