Exactly what Walmart pays for the privilege of accepting Visa, MasterCard and the others is not publicly known, but 2% would probably not be an unreasonable estimate (this would already be almost a ... Read More
A perfect solution here is in fact something that the Bitcoin community is doing already: Satoshi Square meetups. Rather than meeting up to make trades in anonymous restaurants, what safer place is th... Read More
A Bitcoin user had $480 cleared out from their MtGox account even with two-factor authentication installed. It appears that an attacker had managed to somehow get into the account before the two-facto... Read More
As for where this savings account money is invested, the chief borrowers are the “state owned enterprises” (SOE), which are not known for their productivity as engines of long term economic growth... Read More
laBITconf (Latin American Bitcoin Conference) is perhaps the last BIG conference of the year and will be the first one simultaneously translated for Hispanic audiences. Wisely hosted in Argentina, it ... Read More
Barclays Joins CLS Blockchain Consortium in Search of Swift Alternative
Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium founded by cash settlement system provider CLS Group.
Revealed today, the Londo
Bitcoin is too risky to treat as a 'serious' investment, financial advisers say
Last spring, a man walked in to Dunston Financial Group in a jubilant mood. He told the firm's founder, Lynn Dunston, that he'd put all of his savings and retirement funds into cryptocurrency, the
HAZZA to Create the Global Unified Payment Network
The senior leadership of OCTO3, a Hong Kong based payment solution provider, announced the coming development of HAZZA, the world’s first global unified payment network.
“Our vision for HAZZA is to
China Construction Bank Partners IBM for Blockchain ‘Bancassurance’ Solution
China Construction Bank, the world’s second-largest bank by market capitalization, is working with IBM to develop and launch a blockchain-enabled bancassurance platform for its retail and commercial b