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Tag Archives: Bitcoin Banks

Barclays Showing Interest in BlockChain Technology

Barclays Showing Interest in BlockChain Technology

Barclays in conjunction with a start-up is working on how to use underlying technology of bitcoins, BlockChain, in their day to day banking activities. As per Finextra, the bank has joined hands with a Swedish company, Safello, that was also a part of Fintech accelerator program in London to understand …

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Bitcoin Ransom Crime Resurfaces, this time in Hong Kong

Bitcoin Ransom Crime Resurfaces, this time in Hong Kong

The standard recently reported about two financial institutions in Hong Kong that were inflicted with Bitcoin ransom crime. As per the information that has been made public, the Bank of China and the bank of East Asia were under attack that also led to some abnormalities in the functioning of …

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Bank of England: Bitcoin could transform stock markets

Bank of England Bitcoin could transform stock markets

The technology behind digital currency bitcoin could have far-reaching implications and the potential to reshape the financial industry, according to a new report by the Bank of England (BoE). The reason for the BoE’s excitement? Virtual currencies – most notably bitcoin – have at their heart a publicly distributed ledger system called …

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