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.

April 21st, 2014

London-based start-up Coinfloor is launching a new market for Bitcoin aimed at institutional investors, amid growing interest in the virtual currency from hedge funds and investment banks.

Accelerator 500 Startups Funds Five Bitcoin Companies with $100,000 Each
April 21st, 2014

California-based seed accelerator 500 Startups has reported it is funding five startups giving each of them $100,000.

April 18th, 2014

Former presidential candidate and congressman Ron Paul recently took to Q&A site Quora to express his views on digital currencies.

April 17th, 2014

Adam Draper is the CEO and Founder of Boost, an accelerator in the bay area which believes that with the proper business and product guidance, any entrepreneur can transform a great idea into an amazing company.

Amsterdam’s Bitcoin 2014 Conference to Host First Annual Blockchain Awards
April 16th, 2014

The Bitcoin Foundation today announced on their blog that the first annual Blockchain Awards will be hosted at the Bitcoin 2014 Conference that takes place in Amsterdam from May 15th – May 17th.

April 16th, 2014

Anyone in China with a smartphone can now act as a bitcoin ATM with BTC China’s new mobile app that lets users buy and sell bitcoins in different major world currencies.

April 16th, 2014

Colorado is making the most of the state’s recent legalization of cannabis by introducing the world’s first marijuana vending machines.

April 16th, 2014

Defunct Bitcoin exchange Mt. Gox has asked a Tokyo court for permission to be liquidated, according to the Wall Street Journal, apparently abandoning plans to rebuild under bankruptcy protection.

April 16th, 2014

William Quigley, a managing director of Clearstone Venture Partner in Santa Monica, and a member of investors group aiming to buy and resuscitate the bankrupt exchange, recently appeared on CNBC channel to discuss the current situation. As it was announced on 10th April, the investor group offered to buy Mt. Gox for a price of […]

April 14th, 2014

Mt. Gox attorneys say in a court filing that Mark Karpeles is unwilling to travel to the US to address questions regarding the exchange’s closure.

April 14th, 2014

Bitcoin exchange BTC-e was down briefly on Sunday after a distributed denial of service (DDoS) attack against its servers.

April 13th, 2014

BitcoinVigil is a web service that constantly looks at bitcoin honeypots and alerts you when bitcoins are surreptitiously removed.

Bitcoin Gets Easier to Buy and Spend
April 13th, 2014

It’s getting much easier for consumers to buy and spend bitcoins. Additionally enterpreneures are offering new technology for customers to store and buy bitcoin, send money to your friends or do online shopping.