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.

Bitcoin Price Drops $40 Following Reports of New PBOC Warnings
April 25th, 2014

Bitcoin prices fell after PBOC issued warnings to banks and other payment institutions to restrict interactions with bitcoin exchanges.

April 25th, 2014

Lookout, a mobile security app, has recently discovered five wallpaper apps that carried bitcoin mining malware program BadLepricon.

April 24th, 2014

Bitcoin wallet provider Xapo has announced the launch of a bitcoin debit card – a new product it is lauding as the first to allow virtual currency users similar spending freedoms to traditional debit cards.

April 24th, 2014

Virtual bitcoin incubator Seedcoin has announced its 2nd funding round for bitcoin startups.

April 24th, 2014

Tokyo Court ordered liquidation of bitcoin exchange Mt Gox after the firm collapsed in February.

April 24th, 2014

Many merchants and investors are taking notice of Litecoin, which is pitched by its developers as cheaper to generate, more plentiful and easier to use for small transactions than Bitcoin.

April 24th, 2014

Newly launched eGifter points program provides 3% rewards on purchases made with bitcoin, litcoin and dogecoin.

April 23rd, 2014

Bitcoin lovers hope a new initiative from Dunvegan Space Systems and Deep Space Industries Inc. will make the digital currency more secure and easier to access after the two companies announced they will take the peer-to-peer financial system into space.

April 23rd, 2014

“The Rise and Rise of Bitcoin” documentary premieres at the Tribeca Film Festival this Wednesday, gathering Bitcoin investors and entrepreneurs.

April 22nd, 2014

Dorian Nakamoto, who has said he suffered enormously when Newsweek claimed he is mysterious Bitcoin founder Satoshi Nakamoto, just got a 48 BTC (around $23,000) consolation prize, thanks to a fundraiser held on Reddit’s Bitcoin channel.

April 22nd, 2014

With the rise of wearable devices like Google Glass and Samsung Gear and the Bitcoin trend, it’s not a surprise that eventually both of their paths would cross and the result is a bracelet-like device that is being made by a startup called MEVU.

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.