Search Results for: Coinbase
How Bitcoin is infiltrating the $60bn global art market
July 26th, 2017
Why is the art world getting excited about digital currency Bitcoin and its underlying technology blockchain? Eleesa Dadiani owns and runs an art gallery in London’s famous Cork Street. She was born in Georgia in the Caucasus and was ...
Cryptocurrencies Down 23% for July. Is This the Bottom?
July 13th, 2017
The great digital currency bull run of 2017 came to a screeching halt in early June. Shortly after hitting all-time highs—bitcoin broke $3,000 and Ethereum nudged $400—the party ended, and cryptocurrencies of all stripes plunged. Now, almost two weeks ...
Ethereum Traders File Class Action Lawsuit Over Kraken Flash Crash
July 6th, 2017
A class-action lawsuit has been filed against cryptocurrency exchange startup Kraken over issues stemming from its management of a May flash crash. Less than two months later, five customers of the exchange are alleging negligence, breach of contract and ...
Cramer says it’s possible bitcoin could reach $1 million one day
June 8th, 2017
European banks are frantically trying to buy bitcoin so they can pay off ransomware, Jim Cramer says. “It’s a short-term way to be able to deal with cybersecurity,” he says. Cramer says it’s possible Bitcoin could reach $1 million ...
Increased Bitcoin Demand Puts a Strain on Global Exchanges
May 29th, 2017
May 25th was a hectic day in Bitcoin-land as trade volumes hit an all-time high of over $2.4 billion during the day. Many traders are making moves to accumulate profits by day trading or utilizing intra-range strategies. Although quite ...
A Bitcoin civil war is threatening to tear the digital currency in 2 — here’s what you need to know
March 27th, 2017
There’s a civil war in the bitcoin community over the digital currency’s future. Developers, miners, and other stakeholders are locked in a heated debate over how best to scale the network, with chances steadily rising of irreconcilable differences causing ...
Legal Sparring Continues in Bitcoin User’s Battle with IRS Tax Sweep
January 3rd, 2017
In a strange twist, Coindesk reports that the IRS has, somewhat indirectly, removed one target from its broad request for data about U.S. users of the Bitcoin exchange Coinbase. It no longer wants data about Jeffrey Berns, a lawyer ...
MUFG is Using Digital Currency to Reward its Employees
October 20th, 2016
Mitsubishi UFJ Financial Group (MUFG), the parent company of the Bank of Tokyo-Mitsubishi UFJ, has embarked on a new digital currency trial through one of its subsidiaries. MUFG is conducting the test through a subsidiary called Kabu.com Securities Co, at which ...
Goldman Sachs Files Blockchain Patent for Foreign Exchange Trading
September 19th, 2016
Goldman Sachs has submitted a patent application focusing on how blockchain could cut out the middle man with transaction costs, claiming that the technology could change the current process. The patent, “Systems and Methods for Updating a Distributed Ledger-Based ...
Ad-Blocking Browser Brave Launches Bitcoin Micropayments
September 2nd, 2016
Web browser developer Brave Software has a new weapon in its arsenal against third-party advertisements. While the Brave browser has been automatically blocking ads that target users based on their browsing habits since earlier this year, the beta version of Brave ...
