Reuters reports that Barclays Bank will announce investment banking job cuts across Asia sometime next week. The news publication’s sources said that these jobs cuts will include closures in South Korea and Taiwan. Also read: Grantcoin Makes Regulatory History in the US, Plans to Launch Two New Charity Programs These rumored cuts come after the Asian region’s failure to produce sustained growth in the post-2008 economy created a difficult business environment for investment bankers in
Grantcoin is a cryptocurrency project aimed at global philanthropy and “economic justice” through the use of currency. This unique project has recently made history in the cryptocurrency world by becoming the first of its kind to achieve 501(c)(3) tax-exempt charity status in the United States. Also read: Hacking Team Kept A Close Eye On The Bitcoin Ecosystem Evolution Putting a Unique Spin on Cryptocurrency Charity Launched in Spring of 2015, Grantcoin has taken on
Earlier today, the entire online banking platform of popular institution HSBC became inaccessible, leaving millions of customers without access to their finances in an online manner. While technical issues can happen at any time, it is the second time in as many days this type of event has transpired. The Bitcoin network, powered by blockchain technology, has never gone down in its near seven years of existence. Also read: Blockchain Commuication Could Replace Email, IM,
Yesterday’s news regarding the Chinese stock market once again showed how brittle the global economy is at this point. With stocks tumbling slightly over 7 percent, trading was suspended a few hours before the markets closed. Things did not get off to a good start earlier today, as an early 2% loss was worrying a fair few investors. But things calmed down once the People’s Bank of China intervened and poured money into money markets.
Bitcoin exchanges around the world have been looking at various ways to make the purchase of digital currency much easier for novice users. Instant bank transfers are not available in every individual country, but credit and debit cards are widely accepted. Bitstamp has enabled support for residents in the UK and Slovenia to buy Bitcoin with these traditional payments. Also read: Bitcoinist Weekly News Re-Hash: Samsung Pay Hits Online Shopping, Moe Levin Talks 2016 Bitstamp
2015 is coming to a close, and you should have a plan for growing your Bitcoin business in 2016. Many people think that 2016 will be a huge year for Bitcoin, so this could be the best time to get your foot in the door of one of the fastest growing industries in the world. Bitcoinist wants to help your business achieve that growth, so we are having a New Year’s sale on our banner
This week proved to be a quiet one as the community showed little activity following the Christmas holiday and going into New Year’s. The price grew during the week, but not much; overall, we saw a 0.97% growth. There were a few bits of interesting news to break up the monotony of the price’s sideways pattern, but even then the post-Christmas week did not yield much excitement. Also read: Bitcoiners Beware: Microsoft has your Encryption
The financial situation in China is anything but stable right now, as the continuing devaluation of the Chinese Yuan is causing a lot of worry and confusion. To make matters even worse, the country’s entire market crashed yesterday, leading to an emergency stop all trading activities. When all was said and done, the stock market lost 7% of their value in less than a day, and more chaos would have ensued if trading hadn’t been
One of Windows 10’s coolest security features may be rendered totally useless if you don’t take the correct precautions. Disk encryption is built in and activated by default on this latest iteration of Windows, but a hidden function of Windows may allow Microsoft to access your encrypted data. Also read: Senator John McCain Pushing Government Access to Encryption Protected Data The Intercept recently reported that users who login to Windows 10 with a Microsoft account
By the look of things, more and more financial experts are starting to see the benefits of Bitcoin as a way to diversify their portfolio. In this day and age, investors want to be able to switch between assets quickly if the need arises, something that is not always possible through traditional financial solutions. Bitcoin offers them an option to circumvent those issues, as it operates outside of the realm of traditional finance. Also read:
The Consumer Electronics Show for 2016 is just around the corner, and a lot of eyes will be on how the technology industry will keep evolving throughout the next few years. These evolutions are of great importance to the Bitcoin community as well. With more and more internet-connected devices, Bitcoin adoption can thrive in due time. Also read: One-Tap Ordering Could Be Bitcoin’s Killer App What Type of Devices Will Be Internet-Connected At CES 2016?
One-tap ordering is an interesting concept when it comes to conducting business online, especially where the food delivery service is concerned. Rather than having customers go through a checkout process and entering their card details to pay, a one-tap solution allows them to add items to their cart and pay with a single tap. Domino’s Pizza has integrated this type of solution in their wearable application. Such a feature could be useful to Bitcoin users
Bitcoin Core is at the center of Bitcoin; changes made here have the biggest effects on the network. Scalability has always been an issue of hot debate in Bitcoin, and it has only gotten bigger as time has elapsed. Entire threads are filled with thoughts and suggestions on how Bitcoin should be adapted for long-term use as Bitcoin inevitably will have to support more users. To bring all of the efforts of various members in one
Just a few days ago, there was some concern among the Bitcoin community regarding how fast new blocks were being mined on the network. In a normal world, the time between Bitcoin blocks is roughly 10 minutes. Earlier this week, however, blocks were being found in under six minutes, thanks to a major network hashrate increase. Based on today’s Bitcoin network statistics, everything is back to normal. Also read: John McAfee Doesn’t Think Bitcoin Is
Hacking Team has made a lot of media headlines over the past year. Not only because this collaborative is known for its hacking exploits all over the world, but also because of their contacts with governments around the world. Ever since Hacking Team became the subject of a hacking attempt themselves, a lot of people have been wondering what day-to-day operations for this group looked like. Apparently they were keeping a very close eye on
Presidential candidate John McAfee, who has had a controversial past, made comments regarding Bitcoin, and some of its possible shortcomings, in a recent interview with an irreverent libertarian podcast called Revolution Report Live. Also read: Solving The Bitcoin Block Size Debate With A Two-Pronged Proposal In the interview, McAfee posited Bitcoin as a corollary with other emerging technologies of the past. Many of the first companies which are borne into a new genre of invention are not necessarily
It doesn’t happen often a country of this world is actively looking at replacing their own currency. Or to be more precise, Tunisia is replacing its self-created eDinar digital currency with a blockchain-based version. In doing so, Tunisia becomes the world’s first country to issue national currency using advanced blockchain technology. Also read: Coinbase Tests Bitcoin XT, Gets Removed From Bitcoin.org Issuing National Currency on The Blockchain Tunisia is one those countries where financial services
As much as most people would like to think otherwise, the Bitcoin block size debate is far from over. Various new proposals have been suggested in the past, and another interesting concept was posted on Reddit earlier today. According to this user, a small block size increase should be done first, followed by the integration of Segregated Witness. Addressing the key issue as soon as possible should be the top priority for all Bitcoin developers.
Moe Levin, the organizer of The North American Bitcoin Conference, has set up an excellent lineup of speakers and presenters for the 2016 show. This year, people like Patrick Byrne, Tone Vays, Bobby Lee, Jerry Brito and others will highlight a packed conference. Also Read: Coinbase Tests Bitcoin XT, Gets Removed From Bitcoin.org The 2016 conference will take place between January 21 and 22. The North American Bitcoin Conference is one of the largest events
Bitcoin finally had a successful comeback towards the end of 2015, declared by many as the “Year of the Blockchain.” With all the hype surrounding Bitcoin and the blockchain during 2015, there has been much speculation towards next year’s approach to cryptocurrency. As 2014 was filled with scandal, Altcoins, and ending up being the worst global currency of that year. Also read: Pirate Bay Co-Founder Attacks Music Industry With New Gadget The New Year is approaching, and many are wondering
If there was anyone left on this planet who thought there was nothing going on with the Chinese economy you might want to rethink that statement very soon. Over the past few months, the Chinese Yuan has been losing value, and things have taken a turn for the worse now that China suspended some foreign banks from FX trading. Capital outflows for the Chinese Yuan are getting out of hand, as investors are looking for
According to CEO Brian Armstrong, Coinbase is now running the new version of Bitcoin software, Bitcoin-XT, a move which has divided the Bitcoin community in the past few days. The company is merely experimenting with the software, it stresses; however, this has inspired much contentiousness on online Bitcoin forums, including being removed from Bitcoin.org. Also read: Samsung Pay Bringing More Competition to Bitcoin by Enabling Online Shopping in 2016 Coinbase is now running BitcoinXT (BIP101)