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digital currency News Archive


Ekasi Bucks is set to undergo digital currency training and receive financial support from Swiss blockchain company Lykke..
Last month, US start-up Civic, founded by Lingham, $33 million in digital currency tokens for its identity verification project in a public sale..
Day two provided an insight into which central banks are exploring the concept of issuing their own blockchain-based digital currency. These include the Bank of England, Banque de France, the People's Bank of China, the Bank of Canada, the Central Bank of Russia, the Dutch Central Bank, and the Federal Reserve in the US.
The US start-up, headed by SA entrepreneur Vinny Lingham, sold $33 million in digital currency tokens for its identity verification project in a public sale..
Blockchain, first developed as a public ledger of all transactions in the digital currency Bitcoin, is increasingly being used to securely track data in other fields..
Blockchain technology, which powers the digital currency Bitcoin, enables data sharing across a network of individual computers. It has gained worldwide popularity due to its usefulness in recording and keeping track of assets or transactions across all industries.
A lack of liquidity keeps US-based mutual fund managers from investing in Bitcoin, even as the digital currency hits record highs..
Coinbase suffered outages this week as the Bitcoin exchange saw "unprecedented traffic and trading", with the digital currency hitting record levels..
The Kin token will be created on the Ethereum blockchain, another online public ledger much like that of Bitcoin, the original digital currency. A sale of the token will be scheduled sometime this year, Ted Livingston, Kik founder and CEO, said in an interview with Reuters.
The digital currency hit a fresh record high yesterday, as demand for crypto-assets soar with the creation of tokens to raise start-up funding..
The database would use blockchain, a public online ledger of transactions that first became well known as the software underpinning Bitcoin, the first digital currency..
With SA's international investments at stake, there's little chance this legislation will be toothless, writes TransUnion Africa CEO Lee Naik..
Bitcoin was set up in 2008 by someone – or some group – calling themselves Satoshi Nakamoto, and was the first digital currency to successfully use cryptography to keep transactions secure and hidden, making traditional financial regulation difficult if not impossible..
A Telefonica spokesman said a window appeared on screens of infected computers that demanded payment with the digital currency bitcoin in order to regain access to files..
The creation of tokens to raise funding for start-ups using blockchain technology boosts the digital currency to a new high..
Billionaire venture capitalist Tim Draper soon plans to take a step that even he, a long-time Bitcoin aficionado, has eschewed to now: buying a new digital currency offered by a technology start-up..
Bitcoin surged to an all-time high above $1 400 yesterday, after more than tripling in value over the past year, with its most recent rise attributed to strong demand in Japan, where the digital currency has been deemed a legal means of payment..
A handful of digital currency funds have emerged over the past year..
Blockchain is a ledger of transactions that first emerged as the software underpinning digital currency Bitcoin. It has become a key global technology in both the public and private sector, given its ability to permanently record and keep track of assets or transactions across all industries.
In December last year, the total value of all Bitcoins in circulation a record high of above $14 billion. However, in January this year, the dramatic rally in digital currency came to a spectacular end with a plunge of up to 20% as China's yuan rose sharply.

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