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.

Barry Silbert’s Digital Currency Group Acquires CoinDesk
January 13th, 2016

Together the teams will start a new New York-based subsidiary with focus on reliable industry news coverage.

Silk Road Operator Ross Ulbricht Seeks New Trial as Investigation Improprieties Leak Out
January 13th, 2016

Ulbricht’s defense team filed a multipage argument with a list of improprieties and abuses in Ulbricht’s investigation and trial.

Bruce Fenton, Patrick Byrne, Brock Pierce, Bobby Lee Will Speak at TNABC 2016 in Miami
January 13th, 2016

This year, the North American Bitcoin Conference is anticipated to include presentations from some of the leading players in the cryptocurrency sector, including Bobby Lee and Bruce Fenton.

Members of Cybercriminal Group DD4BC Detected in Bosnia and Herzegovina, Says Europol
January 13th, 2016

The detention became possible due to united efforts of Austria, Bosnia and Herzegovina, Germany, the United Kingdom and Europol.

TechCrunch Editor John Biggs Leaves ‘Best Job Ever’ And Becomes FinTech Entrepreneur
January 12th, 2016

John Biggs launches Freemit, a new platform to transform the business of money transfers.

‘It Sure Would Be Nice to Have Bitcoin in Terms of a Global Currency,’ Says Netflix CFO
January 12th, 2016

David Wells touched the topic of bitcoin recently stating that the digital currency can be useful in countries where traditional payment options are not adopted well.

The Capital of Lithuania to Host Baltics’ Largest Blockchain and Bitcoin Conference
January 11th, 2016

On April 8, 2016, venture capital fund Nextury Venture, in association with Vilnius City Municipality, will host “The Bitcoin Conference 2016” attract startups, firms, and investors from all over the world to Lithuania.

Bitstamp Partners with Moro & Kunst, Adds Physical Gold Delivery as Withdrawal Option
January 7th, 2016

BitStamp offers to exchange gold only for US dollars now but it is going to add a bitcoin-for-gold option soon.

Interledger Protocol Wants to Unite Bitcoin with All Other Digital Currencies
January 7th, 2016

The project called “interledger protocol” aims at connecting all existing ledgers.

Beyond Bitcoin: ‘Blockchain is Coming to Disrupt Your Industry,’ Says Deloitte
January 5th, 2016

Deloitte insists that if properly applied, blockchain has potential to enhance financial services.