Today – May 18, 2021. China banned financial institutions and payment service providers from offering any services related to cryptocurrency transactions. This is China’s latest attempt to curb the digital trading market. According to Reuters, “Under the ban, such institutions, including banks and online payments channels, must...
We’ve seen some major changes for Bitcoin in the past year. In the middle of March 2020, at the start of the pandemic, Bitcoin saw a significant low of just under $5,000 in line with the stock market crashing. Like the stock market, Bitcoin saw a huge...
Bitcoin, the world's most famous cryptoocurrency, has reached yet another all-time high today, now valued at a whopping $7,815. The cryptocurrency and digital payments system was first released as open source software in 2009. It has since had ups and downs, but lately is on a...
If you follow payments and financial technology news, you may have heard the word "Blockchain" popping up more and more over the past little while. Blockchain is the technology behind Bitcoin and is an unalterable public ledger of all transactions that have been ever been executed...
Another Bitcoin ATM has entered the scene and is now open for pre-order (on their website). Lamassu, the Portuguese based Bitcoin company, plans to manufacture 15 Bitcoin machines to ship in September. Any pre-orders beyond the initial 15, will be shipped by the end of...
BitCoin is a decentralized digital currency that can be exchanged for goods and services in lieu of traditional payment options like credit cards, bank-to-bank transfers and cash. BitCoin is based on unique cryptographically signed blocks called BitCoins that can be traded between parties like currency. By...