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.

November 28th, 2015

EU ministers want the European Commission to propose controls on virtual currencies like Bitcoin. So far, it won’t happen in a little while, says the SWIFT Institute report.

November 27th, 2015

Only today you can buy goods at best prices for bitcoin.

November 25th, 2015

The central bank of the UK announced a contest for the best ideas of using blockchain potential in order to change the society.

November 25th, 2015

A Bitcoin exchange Coinizy Financial Services, Inc. has recently launched the world’s first Bitcoin to PayPal service.

November 25th, 2015

London-based digital currency firm Plutus brings a new Bitcoin app to the cryptocurrency world. The smartphone application will permit to pay with BTC at any Near-Field Communication enabled payment terminal.

November 25th, 2015

Uphold stands by bitcoin offering new services for U.S. members.

November 23rd, 2015

Digital currency miner Bitcoin Group has reissued its prospectus following a request by the the Australian Securities and Investments Commission to provide a report on bitcoin mining.

November 23rd, 2015

The Ionic developer Crunchbase examines the companies that built Ionic applications.

November 23rd, 2015

Venture capital database CB Insights says 83% of the top fintech unicorns, worth more than $1 billion, are in the payments or lending sectors.

November 22nd, 2015

Bitcoin startups get focused on blockchain shifting away from bitcoin as a digital currency.