Cryptocurrencies

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.

LocalBitcoins Sets New All-Time High As Chinese Traders Skirt Official Clampdown
February 21st, 2017

Chinese leading trading platforms have imposed halts on withdrawals resulting in traders flocking to peer-to-peer marketplaces to continue buying and selling bitcoin.

Bitcoin Price Keeping Close to $1,000 Barrier
February 15th, 2017

Bitcoin future in the Asian market is arousing speculations after Chinese exchanges suspend Bitcoin withdrawals.

Could Bitcoin Become a New Global Currency? [Infogrpahic]
February 14th, 2017

Bitcoin will continue expanding in the upcoming years, as more governments continue to adopt the technology, says the new infographic from the New Jersey Institute of Technology.

Three Japanese Megabanks Invest in Country’s Largest Bitcoin Exchange BitFlyer
February 14th, 2017

Japanese banking giants are looking to invest in financial technology startups, as the government is promoting innovation in the competitive fintech market.

BitFury Group Partners with Republic of Georgia to Secure Land Titles On the Blockchain Tech
February 13th, 2017

The Republic of Georgia is expanding the use of blockchain-based land-titling services, following a successful trial of land title registrations in the second half of 2016.

The Qtum Foundation Releases the Blockchain Economy Whitepaper
February 13th, 2017

Supported by reliable partners and third parties, Qtum aims to establish a smart contract hub, offering secure contract templates for a number of industries and use cases, such as supply chain management, telecommunications, IoT, social networking, and more.

China’s Biggest Exchanges Stop Bitcoin Withdrawals After Crackdown
February 10th, 2017

Chinese exchanges suspend withdrawals of virtual currency while the country’s central bank increases pressure on bitcoin companies to stem capital outflows.

Bitcoin Startup 21 Inc Wants to Replace Your Public Email with an Inbox that Pays You
February 10th, 2017

The new tool 21 profile will help you to start monetizing your internet presence.

Accenture Offers to Increase Blockchain Security
February 9th, 2017

Accenture develops a technology that focuses on the most questionable aspect of the blockchain – security.

Four Bitcoin Companies Launch Blockchain and Virtual Currency Association of India
February 9th, 2017

The Association aims to raise bitcoin awareness in the country and warn about the possible risks of investment and Ponzi schemes that use the cryptocurrency.

Experts Point to Donald Trump’s Actions Driving Bitcoin Price Up
February 7th, 2017

President Donald Trump has recently announced a number of executive orders that aroused global uncertainties and resulted in bitcoin price recovery.

Bitcoin Price Again Exceeds $1,000 Mark, Industry Veterans Explain Possible Reasons
February 3rd, 2017

Managers of world’s leading bitcoin exchanges discuss why bitcoin price has been so volatile recently.

Cryptocurrency Exchange Gemini Introduces Zero-Confirmation Bitcoin Deposits
February 1st, 2017

The exchange, founded by the Winklevoss twins, has unveiled a new option to enable its clients instantly trade their digital funds via the platform.