Category

Cryptocurrency

Chinese central bank official says cryptocurrency trade needs to end

Chinese authorities might consider banning centralized trading of virtual currencies as well as individuals and businesses that provide related services, according to CNBC. In a memo outlining details of discussions at a meeting of internet regulators and other policymakers, PBOC Vice Governor said the government would continue to apply pressure to the virtual currency trade…

Crypto-mining marketplace gets breached, Bitcoin funds stolen

NiceHash, a crypto-mining marketplace, has published a statement on social media announcing that hackers breached its site and stole all the Bitcoin from its main wallet. The incident appears to have taken place on December, 5, according to BeepingComputer, and many users complained about losing Bitcoin from their NiceHash wallets. At press time, the company’s…

Tokyo Financial Exchange to launch Bitcoin futures

Tokyo Financial Exchange has formed a working group as part of an early effort to start listing futures contracts based around Bitcoin cryptocurrency, according to Bloomberg News. Cited by CoinDesk, this would constitute a first step toward pushing for a change in Japanese national law that would clear the runway for a Bitcoin future. The disclosure…

Bitcoin Bubble Burst lets you know in advance if the bitcoin bubble is bursting

From its initial worth of only about USD$0.08 (RM0.33) a unit, the price of bitcoin has risen to an all-time high of over US$10,000. With this rise, more and more people, believers and skeptics alike, are preparing for the inevitable burst of the Bitcoin bubble. If you’ve sworn allegiance to the former camp, then you…

WorldKoins is an app that converts leftover currency into digital eGift cards

A new mobile app called WorldKoins was introduced in collaboration with AirAsia, which fundamentally lets travelers convert their remaining currency to eGift cards and vouchers that can be used to shop online from their smartphones. The service is a six-months pilot program that will end in April 2018 and will be available to all travelers flying onboard selected flights from…

Bitcoin platform Luno expands to new markets across Europe

Luno, a popular Bitcoin platform, has announced its expansion to 35 new markets across Europe.   Moreover, the platform also received USD 9 million in a Series B funding round, led by London-based Balderton Capital. New investors AlphaCode and existing investors Digital Currency Group also participated in the round. This follows Luno’s USD 4 millionSeries…

Google, Apple could start accepting Bitcoin payments via new API

  Developers at Google, Apple and other tech companies have created a browser API that enable users buying goods and services online with cryptocurrency.   The World Wide Web Consortium (W3C) with the help of Microsoft, Google, Facebook, Apple and Mozilla initiated the project in 2013. Currently, the API is being implemented in browsers including…

SatoshiPay switches from Bitcoin blockchain to IOTA

SatoshiPay has teamed up with the IOTA Foundation, a non-profit that oversees network development, to explore replacing Bitcoin with IOTA as its settlement network.   Both parties have agreed to work on a proof-of-concept project, to be supported by the IOTA Ecosystem Fund, which would combine SatoshiPay’s content payment interface with IOTA’s technology. SatoshiPay is a company…