A cryptocurrency is a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.

Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. The most popular altcoins now (August 2016) – Ethereum, Steem, Ripple, Ethereum Classic, Litecoin, Dash, Dogecoin.

Cryptocurrencies use decentralized control as opposed to centralized electronic money/centralized banking systems. The decentralized control is related to the use of bitcoin’s blockchain transaction database in the role of a distributed ledger.

How Quantum Computers Can Affect Bitcoin
October 16th, 2016

Computer scientists predict that the appearance of quantum computers can result in bitcoin’s demise.

Japan Wants to Drop 8% Sales Tax on Buying Bitcoins
October 13th, 2016

Japan authorities make a step as the country is the only one among the Group of Seven leading industrial economies that taxes bitcoin purchases.

Bitcoin Price Jumped to 10-Week High as Chinese Yuan Hits 6-Year Low
October 12th, 2016

The value of digital currency surged to a 10-week high on October 11, following the devaluation of the Chinese currency that led to a growing bitcoin demand.

TechCrunch Launches New Series ‘Trust Disrupted: Bitcoin and the Blockchain’
October 11th, 2016

The six-episode series will focus on bitcoin future and people behind the cryptocurrency.

Billionaire Finance Manager Bill Gross Says Bitcoin, Blockchain May Counter Central Banks
October 5th, 2016

According to Gross, bitcoin is more attractive for investors comparing to the traditional financial sphere.

Kim Dotcom Predicts Bitcoin Price To Hit $2000
October 3rd, 2016

According to the internet entrepreneur, the launch of MegaUpload 2.0 and BitCache will cause the bitcoin price surge.

Japanese Users Can Soon be Able to Pay Utility Bills with Bitcoins
September 27th, 2016

ResuPress will offer two payment plans both for advanced bitcoin users and newcomers.

Bitcoin is ‘Real’ Money, Rules Federal Judge in Case Tied to JPMorgan Hack
September 20th, 2016

The Judge rejected a bid by Anthony Murgio who tried to prove that bitcoin does not qualify as “funds”.

itBit Launches Its Blockchain-Based Service ‘Bankchain’ Under New Brand Named Paxos
September 14th, 2016

Bankchain offers to reduce risk exposure and increase operational efficiency by delivering instantaneous transaction settlement.

Bitmain Launches BTC.Com, a New Open-source Bitcoin Mining Pool with Zero Mining Fee!
September 14th, 2016

Starting from 31 December 2016, will offer the lowest fee in the industry.

US Futures Commission Merchant Straits Financial to Accept Bitcoin via BitPay
September 12th, 2016

Straits Financial will be able to accept bitcoin via the partnership with digital bank WB21 Ltd.

Developers Explore Blockchain Technology at Courses and Bootcamps
September 12th, 2016

As the interest in blockchain grows, numerous educational programs appear all over the world to give developers a clear understanding of the technology.

Apple Adds Circle Pay’s Bitcoin Wallet in Updated iMessage App
September 9th, 2016

Apple includes multiple apps, music and GIF sharing abilities in the iOS 10 update.