Category: Currency and Forex
-
Big Book Accepting Bitcoin for NFL Title Game Wagers With Same-Day Payouts
SAN JOSE, Costa Rica, Feb. 2, 2018 /PRNewswire/ — The online service Big Book is announcing the launch of an unprecedented BitCoin Sportsbook experience that offers live wagering of the NFL Championship game with the surging cryptocurrency. According to the creators of the one-of-a-kind service, the biggest advantage for users is not having to worry about chargebacks from large financial institutions. In addition, the…
-
Early Coinbase And Ripple Investor Injects $57.5M Into Uphold To Advance Crypto Protection
Uphold Partners with Greg Kidd to Increase Loss Assurance and Crypto Protection to Industry-Leading Levels SAN FRANCISCO, Jan. 29, 2018 /PRNewswire/ — Uphold, the digital money platform, today announced that it has entered into a $57.5 million partnership with Greg Kidd, investor in Ripple, Square, Coinbase and others, to increase its loss assurance for consumers to around 20% of total current crypto…
-
Weiss Announces First Bitcoin and Cryptocurrency Grades by U.S. Rating Agency
Risky Crypto Market to Get the Clarity Only Impartial Ratings (Cryptocurrency Grades) Can Provide PALM BEACH GARDENS, Fla., Jan. 17, 2018 /PRNewswire/ — Weiss Ratings, the nation’s leading independent rating agency of financial institutions, will issue letter grades on cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, NEM, Litecoin, Stellar, EOS, IOTA, Dash, NEO, Monero, Bitcoin Gold and many others.…
-
BCX Mainnet Launches: Delivering the Future for the Bitcoin Community
NEW YORK, Jan. 15, 2018 /PRNewswire/ — BCX, operated by BitcoinX Foundation, is a promising fork of Bitcoin, today announced that it’s Mainnet launched successfully on January 15, 2018. This indicates BCX is able to offer unlimited possibilities for the Bitcoin community. With its successfully Mainnet launch, BCX now supports SegWit, Lightning Network, Replay Protection, Unique Address Format, DAA difficulty Adjustment and blake2b GPU mining. Slow transaction…
-
Same Day ACH Payments Grew 51 Percent from November to December 2017 and Totaled More than 75 Million in 2017
Payroll, Bill Payment and B2B Payments Are Significant Use Cases HERNDON, Va., Jan. 11, 2018 /PRNewswire-USNewswire/ — Same Day ACH debit and credit transactions totaled 15.2 million in December, an increase of 51 percent over November’s volume, according to data released today by NACHA—The Electronic Payments Association®. The significant increase in Same Day ACH transactions from November…
-
Bitcoin Price Holds Near the $14,000 Mark
Bitcoin price holds at about $14,000 on thursday after rebounding from a sell-off last week. According to data from Coinbase, the leading U.S. cryptocurrency trading platform, bitcoin price was trading near 14,204 on Thursday evening. Bitcoin, the world’s largest cryptocurrency by market cap, rebounded over 40 percent from a low of $10,400 it hit on Friday. The price rose…
-
SBI BITS and nChain Announce Strategic Partnership to Support Cryptocurrency Security and Bitcoin Cash
TOKYO, Dec. 6, 2017 /PRNewswire/ — SBI BITS Co., Ltd., the financial technology provider company that is a wholly-owned subsidiary of SBI Holdings, Inc. (HQ: Tokyo, Japan; Representative Director, President & CEO: Yoshitaka Kitao) and nChain, the blockchain research and development pioneer (HQ: Antigua; nChain research business in London, UK; Chairman of the Board: Stefan Matthews) announce a strategic partnership to collaborate on…
-
What Gives Cryptocurrencies Their Value
The value of cryptocurrencies like bitcoin, just like any other kind of money, comes fundamentally from what you can do with it. As a follow up to What Backs Bitcoin, I want to dig into that value. The idea, which comes from Austrian economist Carl Menger, is that just as a shovel’s value comes from its…
-
Bitcoin Investment Trust Announces Abandonment of Bitcoin Diamond and Bytether
NEW YORK, Dec. 1, 2017 /PRNewswire/ — Grayscale Investments, LLC, the sponsor (the “Sponsor”) of the Bitcoin Investment Trust (OTCQX: GBTC) (the “Trust”), announced that it has irrevocably abandoned (i) all of the rights to Bitcoin Diamond tokens currently held by the Trust as a result of the fork in the Bitcoin blockchain on November 24, 2017 and (ii) all…