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, called altcoins, 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.

Charlie Shrem Sentenced to 2-Years for Silk Road Money Laundering
December 20th, 2014

Bitcoin entrepreneur Charlie Shrem was sentenced for two years in prison after being accused of illegal activities on Silk Road marketplace.

Cryprocurrency Exchange UMEX Became Available for Trading in Beta-Testing Mode
December 19th, 2014

UMEX Exchange team is glad to announce that today the exchange became available for trading in beta-testing mode.

How Bitcoin Casinos Work
December 19th, 2014

Bitcoin transactions continue to gain popularity, at the same time they have also enabled a new arena for gambling, gaming and lotteries through online bitcoin casinos.

Benjamin Lawsky Has Revised Regulations on Bitcoin
December 18th, 2014

Benjamin Lawsky is laying out a new policy on Bitcoin and other digital currencies after public comments encouraged him to scale back proposed rules.

UK Entrepreneur Launches BTXDeals, the First Bitcoin Online Marketplace
December 18th, 2014

BTXDeals.com has just launched an e-tail website where sellers are offering goods and services to buy with Bitcoin.

Bitcoin Isn’t Dead at All, Although There’s a Panic Selling Today
December 18th, 2014

Despite high volatility and value drop, bitcoin still has potential and is expected to recover in the near future.

An Incredibly Successful Year for Bitcoin Gambling
December 18th, 2014

BitCasino, one of the market’s leaders in Bitcoin gambling, shares its success with CoinSpeaker’s readers!

PeerNova Raises $8.6M to Accelerate Enterprise Use of Blockchain Technologies
December 17th, 2014

PeerNova, a vendor of hardware and software for enterprises, has obtained investments of $8.6 million that will be used to finance the company’s new blockchain enterprise software.

Netagio Launches USD and EUR Books in Response to Customer Demand
December 17th, 2014

 UK-based bitcoin exchange Netagio announced the launch of additional USD and EUR order books on its already established Bitcoin/GBP exchange.

Bitcoin Startup Coinkite Now Offering its Starter Membership Free of Charge
December 17th, 2014

Canada-based bitcoin wallet provider Coinkite announced that its starter memebership will imply no charges and will be completely free.

Time Inc. Partners with Coinbase to Accept Bitcoin Payments
December 16th, 2014

Time Inc’s brands like Fortune, Health, This Old House and Travel + Leisure now accepting bitcoin payments for subscriptions.

Bitcoin Future: What to Expect in 2015
December 16th, 2014

An overview of the future of digital currency, including the key drivers of bitcoin industry in 2015.

Bitcoin and Russian Rouble are the Worst Investments of 2014
December 15th, 2014

The Russian rouble is doing very badly. The country’s Central Bank is trying to stem the damage with a huge interest-rate hike. And now the currency is performing worse than bitcoin.