As much as $50 million may have been lost by an international group of investors after putting their money into a bitcoin investment group called BTC Global. A report from South African news outlet Sunday Times indicates that "more than 27,500 people" may be impacted, with investors spread across...
The Tezos Foundation announced Friday that it is deploying resources in an effort to hire more developers to be based out of Paris. The new hires will help the Foundation "advance its primary objective" of developing the Tezos protocol, as well as to promote it to potential users, the...
PayPal is eyeing a way to boost the speed of cryptocurrency payments, a newly-released patent filing shows. An application for an "Expedited Virtual Currency Transaction System" published on March 1 by the U.S. Patent and Trademark Office (USPTO) details a method by which private keys - the strings of...
The Smart Dubai Office (SDO) has won an award for its Dubai Blockchain Strategy initiative. Announced during the Smart Cities Expo and World Congress that took place in Barcelona last week, the City Project Award recognizes...
Bitcoin mania is cooling off, and with it, changes are happening in its global market. Indeed, the price furor that began in early November when talk that bitcoin futures listings would go live in the U.S. triggered a wave of speculation - bitcoin, which traded at $6,500 on Nov. 1, rose...
The head of the U.K.'s central bank has said that the institution will step up its efforts to combat the use of cryptocurrencies in illegal financial activities. During a speech at the Scottish Economics Conference in Edinburgh on Friday, Mark Carney, governor of Bank of England, said he thinks...
In a pinch and need a little extra cash? Looking for ways to make money at home? You are not alone. In fact, Google logs nearly 250,000,000 (that’s 250 million) searches each year by people just like you. Whether you’re a broke college student who needs a little extra spending cash, or you’re actually an...
A Liechtenstein-based family bank has become one of the first banks in the world that allows clients to directly invest in cryptocurrencies. Making the announcement earlier this week, Bank Frick said that the first batch of cryptocurrencies to be available for trading will include bitcoin, bitcoin cash, litecoin, Ripple...
The theft of hundreds of cryptocurrency miners in Iceland has led to a series of arrests amid an ongoing investigation. The Associated Press reports that as many as 600 miners - which have yet to be recovered - were stolen during four separate incidents in December and January. Eleven people,...
Tanzeel Akhtar is an independent British journalist whose work has been published in the Wall Street Journal, CNBC, FT Alphaville, Investing.com, Forbes, Euromoney and Citywire. Often, when a cryptocurrency tanks, holders of a rival coin will tease them with "SFYL" - sorry for your loss. But the entire industry needs...