Search Results for: blockchain
Spanish banking group Santander to build digital bank in the UK
May 16th, 2018
Spanish banking group Santander said it is building a standalone digital bank in the UK in a move aimed at boosting its online presence. This comes amid intense competition in the market with the rise of digital investment advice ...
Bitcoin sees Wall Street warm to trading virtual currency
May 10th, 2018
Some of the biggest names on Wall Street are warming up to Bitcoin, a virtual currency that for nearly a decade has been consigned to the unregulated fringes of the financial world. The parent company of the New York ...
Will the world have a global cryptocurrency?
May 9th, 2018
Former Goldman Sachs President Gary Cohn said Tuesday he thinks the world will have a global cryptocurrency that is not bitcoin. “I’m not a big believer in bitcoin. I am a believer in blockchain technology,” Cohn told CNBC’s Bob ...
Goldman Sachs plans to trade bitcoin futures contracts
May 4th, 2018
Goldman Sachs, one of the most well-known investment banking and financial services providers in the world, announced plans to trade bitcoin futures contracts – a Wall Street first. Goldman’s competitors like JP Morgan have so far shunned the risks ...
Major cryptocurrencies record strong gains, Ethereum price up 7%, Bitcoin at $9,300
May 3rd, 2018
The cryptocurrency market has recorded strong gains once again over the past 24 hours, as the valuation of the market broke the $440 billion, moving one step closer to the $0.5 trillion region. Bitcoin, Ethereum, Cardano, Bitcoin Cash, and ...
Warren Buffett explains one thing people still don’t understand about bitcoin
May 3rd, 2018
When it comes to bitcoin, billionaire investor Warren Buffett wants to make one thing clear: Unlike buying stocks, bonds or real estate, buying bitcoin is not an investment. That’s because it lacks intrinsic value, Buffett says. “If you buy ...
Bitcoin makes a comeback
April 13th, 2018
Tax selling was the culprit behind this year’s massive bitcoin sell-offs, Spencer Bogart, a partner at Blockchain Capital, told CNBC. “People realized way more tax gains in 2017 than they expected to,” Bogart said Thursday on “Fast Money.” “And ...
ACCA warns professional accountants over the risks of cryptocurrencies like bitcoin
March 16th, 2018
ACCA (the Association of Chartered Certified Accountants) has issued a new warning to professional accountants over the importance of maintaining an up-to-date understanding of developments in the fast-moving space of cryptocurrencies like Bitcoin. Maggie McGhee, director of Professional Insights ...
‘Big Bitcoin Heist’—Iceland Cryptocurrency Thefts Lead to 11 Arrests
March 6th, 2018
Eleven people, including a security guard, were arrested in Iceland in connection with the theft of almost $2 million worth of cryptocurrency-mining equipment from local data centers. Icelandic media are referring to the theft as the “Big Bitcoin Heist.” ...
How to choose the best bitcoin or cryptocurrency exchange
March 1st, 2018
During the bitcoin frenzy at the end of December, Coinbase, one of the premier exchanges, halted trading briefly due to crushing volume as prices plunged. Many of Coinbase’s competitors also have suffered growing pains as digital money grows ever ...
