Bank of America may be looking into cryptocurrency exchange services for its corporate clients – or at least keeping its options open should they become interested. In a patent awarded by the U.S. Patent and Trademark Office on Tuesday, the second-largest bank in the U.S. outlined a potential cryptocurrency exchange...
The price of bitcoin is surging on the back of a strong night-time trading session (18:00 to 24:00 UTC) in which the cryptocurrency rose 10 percent to top $14,000 for the first time. The second-best performing asset during the trading period (trailing only the largely unknown crypto asset TRON),...
The Australian Securities Exchange (ASX) has announced that it will replace its CHESS post-trade settlement system using technology developed by blockchain startup Digital Asset. After two years of building proofs of concept, working with potential users and testing the implementation, the much-anticipated decision represents a key milestone, as ASX...
Ron Paul wants to know: would you take $10,000 in bitcoin, cash or something else? The former U.S. Congressman from Texas is currently holding a poll on his official Twitter account that asks in which form they would take $10,000 from a "wealthy person". The catch: you can't get rid...
The price of bitcoin has broken yet another all-time high today, crossing the $13,000 line for the first time. The CoinDesk Bitcoin Price Index (BPI) has posted a high of $13,017.96, representing a gain of more than 10 percent since the day's open and an overall rise of over...
The cryptocurrency mining marketplace NiceHash has been hacked, its team said in a newly released statement. Posting on social media, NiceHash said that "there has been a security breach involving NiceHash website" resulting in a loss of funds. NiceHash, formed in 2014, serves as a marketplace for miners to rent...
The upper chamber of Mexico's national legislature has approved a financial technology bill that would bring local bitcoin exchanges under the oversight of the central bank. According to Reuters, the bill cleared the Mexican Senate on Dec. 5, setting the stage for its consideration and potential passage in the...
Bitcoin's recent – and eye-popping – price movements above $12,000 have some observers saying the market is in bubble territory. While he's not ruling it out entirely, Naval Ravikant, the co-founder of AngelList, holds a less alarmist view. "Money is a bubble that never pops," he said at yesterday's Token Summit II...
A co-founder of Wikipedia doesn't like what Wikipedia has become. Dr. Larry Sanger has been an outspoken critic of the online encyclopedia he helped found for some time, but his latest move, joining venture-backed startup Everipedia as its chief information officer shows just how serious he is about disrupting...
Bitcoin's long wait for the Lightning Network is almost over. Announced today, the startups behind the three most active Lightning implementations have revealed test results, including live transactions, proving their software is now interoperable. The findings, released by ACINQ, Blockstream and Lightning Labs, effectively bring Lightning (the mechanism many see as...