Search Results for: cryptocurrency
CBA builds a blockchain in its innovation lab
December 7th, 2015
In its Innovation Lab in Darling Harbour, a team of Commonwealth Bank of Australia computer engineers have built a working “blockchain”. For CBA, a “distributed ledger” is no longer a concept on a whiteboard, but a matter of hardware. ...
GOLDMAN SACHS: ‘The Blockchain can change… well everything’
December 4th, 2015
Goldman Sachs is a big bull on blockchain, the distributed ledger software that underpins digital currency bitcoin. In an “Emerging Theme Radar” note sent to clients on Wednesday, the bank says: “While the Bitcoin hype cycle has gone quiet, ...
Goldman Sachs Seeking Crypto Trade Settlement Patent
December 2nd, 2015
Goldman Sachs filed a patent application last month for a securities settlement system based on a new cryptocurrency called “SETLcoin”. In a US Patent & Trademark Office application, dated 19th November, Goldman Sachs outlines a “Cryptographic Currency For Securities Settlement” that allows ...
Over 10,000 people were duped by Bitcoin mining startup, feds say
December 2nd, 2015
SEC: Josh Garza and GAW Miners “robbed one investor to pay another.” On Wednesday, the Securities and Exchange Commission sued the founder of a now-shuttered Bitcoin mining company, alleging that it committed $19 million worth of fraud in a Ponzi scheme. ...
Barbados Central Bank Should Consider Holding Bitcoin
December 1st, 2015
Two Barbadian economists have concluded that the country’s central bank may want to consider holding a small amount of bitcoin as part of its portfolio of foreign reserves. In a new working paper, the authors examine the potential role cryptocurrencies could ...
Interview with Roger Ver: 10 Questions to Bitcoin Angel Investor & Evangelist
November 30th, 2015
Every week CoinSpeaker interviews famous people involved with Bitcoin, Blockchain, Internet of Things and FinTech industries. Roger Ver, an early Bitcoin adopter and voluntaryist, has been closely involved with the most discussed cryptocurrency since 2011. Also known as the ...
Bitcoin Price Surges by 12%, Setting Weekly High
November 27th, 2015
The price of bitcoin jumped 12% today, setting a weekly high of $368.51 at 12:30 (UTC). According to the CoinDesk USD Bitcoin Price Index (BPI), the digital currency opened the day at $328.98 before increasing $40. The price has shed about $20 from its intra-day peak, trading around ...
EU clamps down on bitcoin, anonymous payments to curb terrorism funding
November 19th, 2015
European Union countries plan a crackdown on virtual currencies and anonymous payments made online and via pre-paid cards in a bid to tackle terrorism financing after the Paris attacks, a draft document seen by Reuters said. EU interior and ...
Bank of Canada: Bitcoin Could Create ‘New Monetary Order’
November 17th, 2015
Central banks would “struggle” to implement monetary policy in a world where digital currencies are more widely used, a senior official from the Bank of Canada said in a speech last week. During an appearance at the Rotman School of Management ...
Bitcoin Has Come Crashing Back to Earth
November 12th, 2015
Bitcoin‘s recent rally has reversed in a major way. While the virtual currency is still about 20 percent higher than it was a month ago, it has fallen sharply in recent days. Searching for reasons behind bitcoin’s price movements often feels like an ...
