Bitcoin became the first decentralized cryptocurrency back in 2009, and ever since interest in digital currencies has exploded. According to CoinMarketCap.com, there are 796 cryptocurrencies currently trading around the world, with a combined market cap of $ 29,374,919,176. Of those, only 10 have a market cap of $ 100 million or more. Check them out: SEE ALSO: The first investor in Snapchat thinks each bitcoin could realistically be worth $ 500,000 by 2030 — Here’s how Join…"There’s $29.4 billion in cryptocurrencies — here’s which ones people are using the most"
A controversial solution to a massive theft in the world of cryptocurrencies was implemented on Wednesday. If it works, it will see tens of millions returned to the original owners, but doing so may harm the reputation of the platform on which that currency was created. The “hard fork” of the underlying software behind Ethereum went live Wednesday morning, with miners, developers, and users being give a choice of whether or not to adopt it, setting…"Ethereum Gets Its Hard Fork, and the ‘Truth’ Gets Tested"
Bitcoin is trading at its best level in a month. The cryptocurrency is up 2.8% at $ 1241.35 a coin and is within striking distance of its all-time closing high of $ 1277.65, which was set on March 6. Four days later, bitcoin put in a record high of $ 1327.19 before crashing more than 25% after the US Securities and Exchange Commission rejected the Winklevoss twins’ plans for a bitcoin ETF. The SEC rejected the plans…"Bitcoin is closing in on its all-time high"
Blythe Masters is walking a tightrope to her next career in high finance. The 46-year-old finance whiz, once the most powerful woman on Wall Street, is in high-stakes negotiations with investors for a $ 35 million financing round at the technology startup she now heads that will value the company at $ 100 million, The Post has… bitcoins | New York Post"Blythe Masters’ startup seeks $35M financing round"
Bitcoin’s price has stabilized following this week’s massive hack and theft of $ 65 million in bitcoin from a Hong Kong exchange, as some traders seized on the lower price to strategically buy the dip. Myriad questions about the hack itself remain unanswered, however. On Tuesday, a trading site called Bitfinex was attacked by a hacker, who exploited the site’s security protocols and stole just under 200,000 bitcoins, at the time worth about $ 65…"Bitcoin Price Recovers as Hacked Exchange Remains Offline"
R3 CEV, the much-watched but opaque startup that brought together more than 60 banks in an effort to build a blockchain-based platform for the financial industry, finally took the wraps off its plans, filing a patent application for software within a new platform it calls Concord. Executives from the company sat down with us earlier this week and gave us a preview of the product, from which the following was derived. Concord is a platform that…"A Closer Look at R3′s Concord"
Bitcoin is higher for a second straight day on Tuesday, trading up 6.5% at $ 1,110 a coin as of 2:13 p.m. ET. The cryptocurrency has rallied about 17% since Sunday’s low, rebounding from a slump over the weekend that followed a Wall Street Journal report that the cryptocurrency’s developers were threatening to set up a “hard fork,” or alternative marketplace for bitcoin. The new platform would be incompatible with the current platform, thus creating a split…"Bitcoin is roaring back"
From Bruce Springsteen to bitcoin guru? Michael Solomon, a New York talent mogul who lately has shifted his focus from rock stars to tech geniuses, just landed a client who he says qualifies as both. Jeff Garzik — a core developer of the blockchain technology that underlies the controversial cryptocurrency bitcoin — is now available… bitcoins | New York Post"Bruce Springsteen’s promoter ventures into bitcoin"
The UK’s Royal Mint is teaming up with the world’s biggest futures exchange operator to launch a new way to trade physical gold based on the technology behind the digital currency bitcoin. The product, to be called Royal Mint Gold, or RMG, will launch in 2017, the mint said in a joint press release with Chicago-based exchange giant CME Group on Tuesday. Each RMG will be a digital record certifying ownership of gold at a…"Using the Blockchain to Trade Gold, Via a 1,000-Year-Old Institution"
One of the world’s hottest assets is also the newest way to invest for retirement. But it carries the most old-fashioned risk of all: losing buckets of money in the blink of an eye. Since last June, Bitcoin IRA, a firm based in Sherman Oaks, Calif., has been offering Individual Retirement Accounts that can provide direct ownership interests in bitcoin, the so-called cryptocurrency. The firm’s timing couldn’t be better: Bitcoin’s market value shot up 123%…"Should You Put Bitcoin in Your IRA?"