Bitcoin

This tag is associated with 4 posts

Russia Looks To Introduce First National Virtual Currency By 2016

Posted by EM_Equity ⋅ September 18, 2015 ⋅ 1 Comment

Russia’s QIWI payment system is looking to become the first national crypto-currency as it looks to roll out the “bit-ruble” and enter the $3.8 billion virtual currency market by 2016, according to Russian news agency RT. QIWI, the Moscow-based payments firm, is looking to launch the new crypto-currency by 2016, however it will need several millions of dollars in … Continue reading →

Why Bitcoin Is A Good Idea For Brazil

Posted by Ana Paula Picasso ⋅ August 3, 2015

Things are not looking good for Brazil’s Real – news articles flooded with reports of a ten-year low of the Brazilian currency against the US dollar. After a turbulent presidential election and international oil prices hike, those factors finally hit the country’s economic very hard. Having said that, could bitcoin be a good way to … Continue reading →

$5M Worth Of Bitcoin Missing In Major Cryptocurrency Exchange Hack

Posted by ETFalpha ⋅ January 8, 2015 ⋅ 1 Comment

About $5.1 million in virtual currency, or 19,000 units, went missing from Bitstamp, a major bitcoin exchange, after a colossal security lapse forced it to halt services. The heist follows bitcoin’s more than 50 percent collapse in value. The missing bitcoins have forced the company to freeze all user activity, from deposits to withdrawals, reported Coindesk, … Continue reading →

Mt Gox Looks Like Bitcoin Fraud, Says Japanese Press Report

Posted by ETFalpha ⋅ January 3, 2015 ⋅ Leave a comment

It has been a difficult year for Bitcoin, and now confirmation from investigative authorities in Japan working on the Mt Gox “disappearance” of customer bitcoins appears to be making things worse. Bitcoin down near $316 As the digital currency / payment method is trading down near $316 to start 2015, after reaching a high near … Continue reading →