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.

May 8th, 2016

The Australian entrepreneur has lost the courage to offer more definitive proof that he is a developer of virtual currency, after providing false evidence.

May 2nd, 2016

5 months after Craig Steven Wright, an Australian computer scientist and entrepreneur, was outed against his will as Satoshi Nakamoto, he says he is indeed the creator of bitcoin.

April 29th, 2016

The London-based bitcoin exchange has allowed clients to transfer funds to credit cards, thus becoming the first cryptocurrency exchange to offer instant fiat currency withdrawals.

April 28th, 2016

The US-based video game developer introduced a new bitcoin payment option that will allow users in emerging countries to buy games without using their credit cards.

April 25th, 2016

The major bitcoin exchange has finally received a license from the government of Luxembourg, thus becoming the first regulated digital currency trading platform in Europe.

April 22nd, 2016

The news doesn’t mean any possible inconvenience for developers as Valve will employ a third-party Bitcoin processor.

April 20th, 2016

The bitcoin exchange is planning to get an electronic money license to offer its regulated bitcoin trading services for users across Europe.

April 19th, 2016

Capgemini and Efma publish an annual report on Retail Banking that highlights points of view of banking customers and banking executives from around the world on FinTech.

April 19th, 2016

Coinsecure focuses on establishment of reliable bitcoin trading platform and promotion of the cryptocurrency to Indian users.

April 14th, 2016

Trump is going to block the flow of remittance funds from United States to Mexico to subsidize the construction of the wall between these two countries.