Tag Archives: Cryptocurrencies

VR Penny Stock Up 200% on Crypto Business Pivot

VR Penny Stock Up 200% on Crypto Business Pivot

Another penny stock just joined the crowd of public market options that has seen a significant price surge after announcing it would shift its corporate focus to cryptocurrency related business. TimefireVR Inc, an Arizona-based company that was founded in 2014 to develop a virtual reality application platform, announced Thursday in a release that the company has sold […]

Crypto Market Sets New High as Bitcoin Dominance Drops to Historic Low

Crypto Market Sets New High as Bitcoin Dominance Drops to Historic Low

The cryptocurrency market appears to be starting the new year off by cementing a recovery. At press time, the total value of the more than 1,300 publicly traded cryptocurrencies, as listed by data CoinMarketCap, set a new all-time high of $667 billion. As such, it’s the latest sign that the entire cryptocurrency market has recovered from a […]

Bitcoin Policies Should Protect Investors, Not ‘Feed the Frenzy,’ Ex-FDIC Chair Bair

Bitcoin Policies Should Protect Investors, Not ‘Feed the Frenzy,’ Ex-FDIC Chair Bair

Former US Federal Deposit Insurance Corporation (FDIC) Chairperson Sheila Bair has recently commented that the Bitcoin policies created by governments should protect the investors rather than ‘feed the frenzy’ over the cryptocurrencies. The opinion comes from Bair’s op-ed articlepublished on Yahoo Finance this Tuesday. The former chair further explains that Bitcoin should not be prohibited just for the reason that […]

Ethereum, Ripple And Litecoin Have Arrived on Bloomberg Terminals

Financial data firm Bloomberg has added three new cryptocurrencies – ethereum (ether), Ripple (XRP) and litecoin – alongside bitcoin on its Terminal service. According to a Fortune report, sources said the addition of the new price data is aimed at forex traders seeking to explore the new instruments. They also suggested that Bloomberg terminal data for the […]

SEC Official: Cryptocurrency Investment Funds Raise Questions

SEC Official: Cryptocurrency Investment Funds Raise Questions

The head of the Securities and Exchange Commission’s investment management office said the agency is weighing questions related to newly-registered funds that plan to hold cryptocurrencies. Speaking at the ICI Securities Law Developments Conference in Washington, D.C., on Thursday, Division of Investment Management director Dalia Blass offered some insight into how the agency – tasked […]

Russian Central Bank Official: ICOs Have ‘Huge Potential’

Russian Central Bank Official: ICOs Have ‘Huge Potential’

A senior official at Russia’s central bank said earlier today that he believes initial coin offerings (ICOs) could drive funding opportunities for startups. According to the state-owned news service TASS, Bank of Russia first deputy chairman Sergei Shvetsov said that the central bank would “support the development” of the blockchain funding model. It’s a notable development, given […]

Quantum Computers Could Jack Your Crypto Private Key in 10 Years, Researchers Say

Quantum Computers Could Jack Your Crypto Private Key in 10 Years, Researchers Say

Quantum computers are coming and encryption – including the kind used to underpin cryptocurrencies – is in trouble, researchers say. That’s according to researchers at the National University of Singapore and colleagues who have estimatedhow soon the computers might be able to break bitcoin’s security. Based on the most aggressive estimates for the advancement of quantum […]

Citigroup CEO: Bitcoin Threat Will Give Rise to State Cryptocurrencies

Citigroup CEO: Bitcoin Threat Will Give Rise to State Cryptocurrencies

Citigroup CEO Michael Corbat has predicted that state-sponsored digital currencies will arise from the threat posed by bitcoin. In an interview with Bloomberg at a summit in New York yesterday, Corbat said that cryptocurrencies represent a “real enough threat” to the financial system, and that governments wont take the disruption of their capabilities around data, tax collection, […]

Ethereum Wallet Status Pledges $1 Million for New Bug Bounty Program

Ethereum Wallet Status Pledges $1 Million for New Bug Bounty Program

Ethereum mobile wallet Status, which recently raised more than $100 million in a token sale, has announced a $1 million bug bounty. Announced at ethereum’s annual developer conference Devcon3 today, the program invites people to submit possible solutions to issues currently facing the wallet. While the initial bounties will be used to compensate people that find bugs within Status’ […]

Bitcoin Price Gains Continue with Record High of over $7,000

Bitcoin Price Gains Continue with Record High of over $7,000

[Update: Bitcoin’s price passed $7,000 soon after 10:00 UTC, and has reached a record high of $7,034.14 so far today.] Another day, another record… Bitcoin prices have continued to climb overnight, building on consecutive highs in recent days and ultimately reaching a new all-time high close to $7,000.  At 07:00 UTC, bullish bitcoin trading saw […]