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cryptocurrency News Archive

An ICO is a popular way to raise money for a new cryptocurrency project by distributing a percentage of the initial coin supply among the early supporters and backers..
The Barclays Africa Accelerator programme is looking for start-ups with capability in machine learning, lending, digital banking solutions, trading, cyber security, data analytics, payments, cryptocurrency, insurance, wealth management and beyond..
The total value of all bitcoins in circulation is now above $14 billion, as the cryptocurrency jumped 5% to its highest levels in three years..
The cryptocurrency's value has been highly volatile – after rocketing above $1 100 in 2013, it had fallen to around $150 by early 2015. But it has since stabilised, staying above $500 for the past six months.
Blockchain first emerged as the software underpinning cryptocurrency Bitcoin..
Tackett added the breach did not "expose any weaknesses in the security of a blockchain", the technology that generates and processes Bitcoin, a Web-based "cryptocurrency" that can move across the globe anonymously without the need for a central authority..

Dishing the digital dosh

19 Jul 2016 Features
By Tamsin Oxford

"Building on the experience gained by WEF, the Singularity University, the Deloitte cryptocurrency Community (DC3) and the MIT MediaLab Digital Currency Initiative, we set off on a journey to realise a series of artefacts that would ultimately become part of Deloitte Digital Bank," says Thys Bruwer, director, Deloitte Digital Africa. "We have developed unique artefacts that adhere to essential design principles such as currency-agnostic supports and near real- time processing of payment transactions.
Fearmongering by the authorities, however, is misleading and misplaced. Mostly, criminals deal in cash.
Via messages on their now-hijacked PC, users are guided through a step-by-step process and instructed to pay the ransom in the cryptocurrency Bitcoin. As more time passes, the Petya Web site notes that the ransom price increases.


18 May 2016 Features
By Matthew Burbidge

It's well known that bitcoin has died a number of times, most recently, it appears, in March this year, when a well-known software developer in the cryptocurrency community said he was throwing in the towel..

Sweatcoin pays you to move

9 May 2016 Internet
By Lauren Kate Rawlins and Reuters

A new cryptocurrency, Sweatcoin, rewards users for physical movement. It is the second digital ‘fitness' currency to launch within a few months.
The entrepreneur who claims he is the enigmatic creator of the cryptocurrency says he will no longer provide further evidence..
Uncovering Nakamoto's real identity would solve a riddle dating back to the publication of the open source software behind the cryptocurrency in 2008, before its launch a year later..

Bidorbuy intros Bitcoin payments

11 Mar 2016 Internet
By Admire Moyo

Charles Elliman, head of business development at PayU EMEA, says: "As with any new technology, but especially for matters related to finance, it takes time for people to develop trust. In this case, trust in the cryptocurrency, and in companies that provide Bitcoin services.
This was the Blockchain and Bitcoin Africa Conference 2016, where industry CEOs, engineers, entrepreneurs, and even a US federal prosecutor, gathered at The Core in Johannesburg to discuss the future of the cryptocurrency..
Mike Hearn ends his involvement with the cryptocurrency after denouncing it in a blog post..
Australian Federal Police raided the Sydney home on Wednesday of a man named by Wired magazine as the probable creator of cryptocurrency bitcoin, a Reuters witness said..

Why Blockchain matters

18 Nov 2015 TechForum
By Craig Leppan

Blockchain is the open, secure and distributed database that powers the more infamous cryptocurrency BitCoin. Craig Leppan, Director of Business Development at Ovations says that Blockchain is in short a public ledger of transactions and can best be described as a massive distributed Google spreadsheet, on which participating users are constantly looking to add entries about a consistent set of transactions, but that can't be tampered with, even by its administrator.
Australian businesses turn their backs on Bitcoin, as signs grow that the cryptocurrency's mainstream appeal is fading..
Bitcoin, a Web-based "cryptocurrency" sold through exchanges, provides a vehicle for moving money across the world quickly and anonymously without the need for third-party verifications..

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