New bitcoins are created through "mining" — using computers to solve complex algorithms, helping to contribute to the upkeep of the network powering bitcoin in the process. It can be profitable... Read More
Going public at such a low share price also leads to reverse stock splits, another concern. These processes reduce the number of outstanding shares, which increases stock prices, making the s... Read More
Though Byrne sees the call as his finest moment — a moment when he exposed the dark underbelly of the financial world — much of the press painted it as poppycock. The next day, he appeared in the ... Read More
In addition to Gallagher, Symbiont added to its board Todd Ruppert, a former CEO and president for T. Rowe Price Global Investment Services. The startup said that both additions would help the firm as... Read More
IBM Says Blockchain Can Power 'Open Scientific Research' in New Patent Filing
A patent application published Thursday claims the process of conducting scientific research can benefit from the blockchain.
Led by a team at IBM's Watson Research Center, the patent application p
CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud
The U.S. Commodity Futures Trading Commission (CFTC) has jailed a bitcoin trader and fined him over $1 million for running a fraudulent bitcoin and litecoin scheme.
According to a press release iss
Japanese Firms Claim Success in Marine Insurance Blockchain Trial
One of Japan's largest insurance companies, Tokio Marine & Nichido Fire Insurance, and IT firm NTT DATA have completed a trial that put the paperwork for marine cargo insurance claims on a blockchain.
Accenture Puts Software License Management on a Blockchain Platform
Global professional services giant Accenture has rolled out a new software license management application built with tech from distributed ledger startup Digital Asset.
Accenture announced in a pre