Silicon valley startup 21 Inc has raised $116 million in venture funding to help broaden the uses of bitcoin technology, the Wall Street Journal reported.
Tags: Bitcoin
Bitcoin Blockchain Technology On its Way; Nine Large Banks Signed the Initiative
Bitcoin blockchain technology might just be the solution to market trading. As reported, nine banks have signed the initiative to get this technology going.
Citibank Is Working On Its Own Digital Currency, Citicoin Proposing U.K. Government To Run Its Own Digital Cash
Citibank is testing on a new digital currency Citicoin at this point, handling a run-through platform and evaluating key measures. In line with this, the premier bank is also suggesting the U.K. government to provide its own digital cash.
USAA creates research team to study use of bitcoin technology
USAA, a San Antonio, Texas-based financial institution serving current and former members of the military, is studying the underlying technology behind the digital currency bitcoin to help make its operations more efficient, a company executive said.
Bitcoin prices fall after Altcoin Exchange hacking, Is the much-touted `cash of the future' on the wane?
Bitcoin as a convenient digital currency has gained widespread use the past several years. Hack attacks have happened, and the recent one that happened to the Bitcoin and Altcoin Exchange Cryptoine, which led to stoppage of its operations, got many people's attention. It underscored the need to step up security measures.
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How high could bitcoin climb? Bitcoin has been rising like crazy over the last few days, and looks like the price of bitcoin may be rising to a certain peak.
Google was reported to be making plans to develop Android Pay that would work alongside the already established Google Wallet, which was aimed to beat its top competitor Apple Pay.
As the price of Bitcoin goes up, many companies on e-commerce are looking on the possibilities of tapping the potential of Bitcoin in their businesses.
Bitcoin could be the next step in cracking a recent Pirate Bay-related hacking. The Pirate Bay, the notorious file-sharing torrent site, has been on shaky ground ever since it returned to the Internet.
Bitcoin was founded on the precept that peer-to-peer transactions should be made easy and cheap. However, terrorists organizations gave allegedly exploited the alternative payment method.
Bitstamp, one of the largest exchanges for trading the digital bitcoin currency, said it has temporarily suspended service after "some" of its "operational wallets were compromised" on Sunday, resulting in loss of about 19,000 bitcoins.
After skyrocketing to more than a thousand dollars in price late last year and attracting global attention, bitcoin, the leading digital currency, has stalled.
Hundreds of alleged usernames and passwords for online document-sharing site Dropbox were published on Monday on Pastebin, an anonymous information-sharing website.
Tech-savvy Venezuelans looking to bypass dysfunctional economic controls are turning to the bitcoin virtual currency to obtain dollars, make Internet purchases -- and launch a little subversion.
