Bitcoin surges past $60,000 for first time
Cryptocurrency Bitcoin has risen for the first time above US$60,000 (£43,100 / A$77,000 / €50,000), continuing its record-breaking run.
Hedge fund billionaire backs bitcoin payment startup
The funding round for Bottlepay comes amid increased interest in bitcoin from institutional investors and large corporates.
Crypto wallet and exchange company Blockchain.com raises $120 million
Blockchain.com has announced that it has raised a $120 million funding round. The company develops a popular crypto wallet as well as an exchange.
Bitcoin rises above US$50,000 for first time
Bitcoin rose above US$50,000 on Tuesday US time, before falling back a bit, the first time the digital currency has hit this level.
Bitstocks launches crowdfunding campaign
Hackney-based fintech Bitstocks has publicly launched its first-ever crowdfunding campaign for their bitcoin financial ecosystem, Gravity.
Bitcoin cash outs arrive at 16,000 ATMs in the UK
Cryptocurrency holders can now cash out their bitcoin at 16,000 ATMs across the UK thanks to a new BitcoinPoint and Cashzone partnership.
Weiss has issued its first cryptocurrency ratings, ranking Ethereum above bitcoin
The securities ratings firm is the first to give a rating to cryptocurrencies. Weiss Ratings has ranked Ethereum as “better” than bitcoin, as well as the EOS coin in its first cryptocurrency ratings. Bitcoin received a C+ rating from the firm, due to the fact that its network has some serious bottlenecks which have resulted in long transaction delays and fees. Weiss acknowledged bitcoin’s core developers were looking to address these issues, with the likes of the Lightning network, however it noted that there is no immediate mechanism for promptly. Ethereum’s B rating was received due tot he fact it benefits from more readily upgradeable technology, with a development team […]
Oxford University is getting into fintech
Oxford University is branching out into fintech prepare business executives for a future where more financial services functions are based around tech.
