Namibian Central Bank Says Bitcoin Purchases are illegal

Namibian Central Bank Says Bitcoin Purchases are illegal

The Central Bank of Namibia has made a statement that all Cryptocurrency exchanges or relating transactions are to be declared illegal. According to financial researchers, Cryptocurrencies have been linked to a number of different money laundering events that have taken...

/ September 16, 2017
Kik Messaging App Raises $75m in first ICO

Kik Messaging App Raises $75m in first ICO

Kik, the Canadian messaging app operator, raised a total of $125 million by way of an initial coin offering that took place on September 12. Prior to this, the company had raised $50 million from earlier investors, and was looking...

/ September 15, 2017
OKCoin and Huobi Shutdown

Huobi and OKCoin to Suspend Yuan Based Bitcoin Trading in Ocotber

Following on from the closure of ViaBTC and BTCC, Huobi and OKcoin are closing down their Yuan based trading at the end of October. They have been given a month extra to facilitate that closure because of their size relative...

/ September 15, 2017

How Blockchain Can Streamline Supply Chains

It seems like blockchain is everywhere you look at the moment. Analysts are talking breathlessly about its potential impact on global finance, whilst there is an ever-increasing confidence in its ability to fight cyber crime and fraud. And then of...

/ September 15, 2017
Northern Rock Bank Run

10 Years on: The Northern Rock Bank Run and the Argument for Cryptocurrencies

They are some of the most chilling images from the financial crash – the sight of long queues forming outside branches of Northern Rock as thousands of its customers tried desperately to rescue their savings before the bank went under....

/ September 14, 2017
Finland Researchers Back Bitcoin

Researchers at the Bank of Finland have praise for Bitcoin as “Revolutionary”

On the 5th of September 2017, Gur Huberman, Jacob Leshno and Ciamac Moallemi, respected Finnish Central Bank Research economists released a report into Bitcoin technology. The report claimed that the virtual currency’s infrastructure provides a degree of protection against manipulation...

/ September 14, 2017

BTCChina Closing Exchange by October

It has become official, China’s second largest Bitcoin exchange has decided that they will be closing their operation on the 30 of September. This is an unfortunate turn for traders who were hoping that the news out of China was...

/ September 14, 2017

No Ban After All as China will Likely not Ban Bitcoin Exchanges

Was it all FUD? Was China ever really considering banning Bitcoin exchanges or was it just people who were spreading rumours based on insufficient information. There were conflicting reports by exchanges, government officials and others. These rumours were also perpetuated...

/ September 14, 2017

What is Segregated Witness?

Segregated witness, or SegWit as it is commonly called, has just been implemented on the Bitcoin Blockchain and was deployed on the LiteCoin network back in May of this year. Although this has become so much of the public lexicon,...

/ September 13, 2017

Blockchain Technology and Data Protection

The recent hacking of US credit report giant Equifax, which saw the personal information of up to 143 million customers compromised, is sadly nothing new in today’s world. Massive security breaches of this kind and the subsequent exposure of customer...

/ September 13, 2017