Tag: Bitcoin
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“Cryptosecurity” That Works Just Like Bitcoin?
Overstock, an American online retailer based in Utah, announced its plans to offer a new kind of digital security that works just like bitcoin. According to its CEO Patrick Byrne, the company has already hired developers and lawyers needed to put this plan to action. Their next step is to secure approval from financial authorities,…
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Richard Branson to Host Bitcoin Summit on Private Island
Billionaire entrepreneur Richard Branson is set to bring “the greatest minds in cryptocurrency” together to discuss bitcoin and the blockchain on his personal private island this May. Taking place on Necker Island in the British Virgin Islands from the 25th to 28th, Branson’s eventwill feature discussions moderated by Hernando De Soto, president of the Institute for…
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Cash vs Bitcoin: Battle of Traditions and Innovations
Photo: Egor Pavlovich/CoinSpeaker The world is getting more computerized, payment methods don’t stand back as well. Financial sector has changed greatly since the appearance of digital currencies. Probably we are not far from the time when people will prefer paying in bitcoin or using Venmo and Apple Pay to submit payments believing that it will…
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First Licensed Digital Currency Broker-Dealer
The former bitcoin trading division of SecondMarket, has relaunched under the new name Genesis Trading in bid to become “the partner of choice for large institutional buyers and sellers” in digital currency trading, while creating an identity of its own from this specification. Genesis Trading, which claims to be the first fully licensed digital currency-centric…
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Bitcoin and the competition
Photo: Thomas Trutschel/Photothek via Getty Images Bitcoin is the digital currency exchanged online that has taken a bad rap. News abound of the currency being used for nefarious ends, such as drug running, illegal gun sales, human smuggling and terrorist activities. In the past couple of years, the value of the currency has been on…
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Paypal merchants can now accept Bitcoin
Image by Lars Plougmann Flickr CC In a long SEC filing, PayPal states that its merchants can now begin accepting Bitcoin. In September 2014, PayPal announced it would accept Bitcoin via integration with Braintree, and the same month announced partnerships with Coinbase, BitPay and GoCoin. Via the PayPal Payment’s Hub merchants could use customizable APIs to integrate Bitcoin into their…
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Why this Billionaire is Betting Big on Bitcoin
Image by Jason Benjamin Flickr CC Reid Hoffman has an expert eye for promising tech startups. The LinkedIn chairman and co-founder’s early stakes in Facebook, Airbnb and Dropbox prove he’s able to see the next big thing before most of us even know what it is — and it’s paid off for him time and again.…
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How to invest in Bitcoin
People usually enter the wide world of cryptocurrencies after having learned about Bitcoin. The digital currency has a range of appeals which cater to all kinds of tastes. For a start, the cryptocurrency is decentralised, which means that no institution or entity can control it. Secondly, this derives from the previous point, it is universal.…
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Why you need to love Blockchain and Bitcoin
Most people following developments in Bitcoin are familiar with the often repeated mantra proclaiming that blockchain is an innovative technological breakthrough. The blockchain is a peer-to-peer public ledger maintained by a distributed network of computers.There is no central authority, and no need a trusted third party to process and verify transactions.Eliminating the need for third…
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Why you need to love Blockchain and Bitcoin
Most people following developments in Bitcoin are familiar with the often repeated mantra proclaiming that blockchain is an innovative technological breakthrough. The blockchain is a peer-to-peer public ledger maintained by a distributed network of computers. There is no central authority, and no need a trusted third party to process and verify transactions. Eliminating the need…
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IDEO visualizes Bitcoin
In an attempt to understand Bitcoin, IDEO has created a website that visualizes the transactions in real time as they appear on the network and get confirmed. On average, every 10 minutes new interactions are confirmed and get packaged into a block. They are now a permanent part of the growing list of transactions, called…
Richelle Sibolboro 