Bitcoin has been a raging topic amongst enthusiasts and the critics alike. As it is gaining prominence, it is also approaching a technical challenge that can define its future to a great extent. The security measure that was added by the Bitcoin creator, Satoshi Nakamoto, will soon become one of…
Xapo, Bitcoin Start-up, just recently made an announcement that the industry leader – Larry Summers, Former US treasury secretary, John Reed, Former CEO of Citibank and Dee Hock, Visa founder have joined the Xapo bandwagon as the advisory board members. This news is a clear indication of how seriously Wall…
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…
The majority of bitcoin transactions carried out over the last 30 days came from yuan trades, it has been revealed. China-based exchange BTC China tweeted that a total of 71% of bitcoin trades last month could be attributed to yuan users – the Chinese market, in other words. The exchange cited data…
