Home Tags Bitcoin

Bitcoin Related Content

Bitcoin is a type of Cryptocurrency meaning digital currency that uses cryptography for security. Although it’s value may fluctuate, it still remains one of the most popular forms of online currency. The unknown person or group using the name, Satoshi Nakamoto are the inventor of bitcoin. The unknown inventor did not intend to create an entire currency but instead an Electronic Cash System resembling peer-to-peer networks for file sharing. Satoshi was able to create a decentralised digital cash system something many have tried and failed at.

Where can you use it?

The currency can be used in online transactions, there are currently a lot of merchants that accept bitcoin as payment. And can be exchanged for currencies, products and services. It has also been used as an investment tool. However several agencies have issued investor alerts about it.

payment method

Northern Ireland property developer accepts bitcoin as payment method

Bitcoin is to be accepted as a payment method by a Northern Ireland property developer amid significant growth
new cryptocurrencies

deVere adds new cryptocurrencies to app as market remains highly volatile

deVere, one of the world’s largest independent financial services organisations has today added two new cryptocurrencies to its trading app
blockchain booking system

Blockchain booking system could cut hotel prices

Concierge.io claims its blockchain booking system would eradicate commission fees for vendors, while also allowing them to interact directly with customers
major blockchains

FinTech startup connects ten major blockchains to developing world banks

AirTM, which enables individuals and businesses to complete financial transactions, has announced that it is expanding its reach to include ten major blockchains including bitcoin
cryptocurrency regulation

deVere CEO: Cryptocurrency regulation is necessary and must be welcomed

According to deVere Group CEO, Cryptocurrency regulation is necessary, on its way, and the vital work being done by many international financial watchdogs and lawmakers must be supported
Cryptocurrency trade body

Cryptocurrency trade body formed by UK companies

Seven crypto companies operating in the UK have announced the formation of an independent cryptocurrency trade body
divorcing couples

Bitcoin causes clash between divorcing couples

Divorcing couples have been advised to disclose all assets amid fears that some may use digital currencies such as Bitcoin to hide their money
customer data

Microsoft harness blockchain technology to protect customer data

Microsoft has announced plans to use blockchain technology to create a decentralised identity system making it easier for consumers to self-control their customer data.
online dating

How Blockchain can transform online dating

AI and Blockchain could have the potential to help spark life back into online dating The perception of Valentine’s Day has changed dramatically, with more singles feeling less pressured to have a date for the hallmark occasion, but it has become a problem for dating apps. As a result, some operators...
ICO regulations

Gibraltar to introduce ‘World’s First’ ICO regulations

Gibraltar’s Government and Gibraltar Financial Services Commission announce that they will develop ICO regulations The draft law, which will be developed in the coming weeks, will aim to regulate the promotion, sale and distribution of digital tokens in Gibraltar. The law will also be the first ever set of regulations developed...
crypto mining

Crypto mining companies will consume more energy than households in 2018

Iceland is set to consume more energy for crypto mining than for household this year, according to the Associated Press Icelandic businessman Johan Snorri Sigurbergsson of the energy company Hitaveita Sudurnesja predicts a doubling of the country’s cryptocurrency mining energy consumption to 100 megawatts this year, more energy than the...
criminal money

Billions of criminal money laundered through cryptocurrencies

Three to four billion pounds of criminal money in Europe is being laundered through cryptocurrencies, according to Europol Europol, the European Union Agency for Law Enforcement Cooperation, estimates that about 3-4% of the £100bn in illegal proceeds in Europe are laundered through cryptocurrencies. Europol’s director Rob Wainwright has said that regulators...
cryptocurrency markets

Regulation within cryptocurrency markets

Alexander Larsen from the Institute of Risk Management (IRM) provides an in-depth look at the state of play concerning regulation within cryptocurrency markets According to Reuters: “Japan’s financial regulator said on 2nd February it had ordered all crypto - currency exchanges to submit a report on their system risk management,...
cryptocurrency jobs

Cryptocurrency jobs in India increase despite Delhi’s stance on bitcoin

Jobs and applicants for employment in the cryptocurrency sector have increased substantially according to the Indian Indeed branch The number of postings related to blockchain and cryptocurrency jobs has increased by 290%, along with its job searches containing crypto related keywords which have risen by 52%. The trend was reported by...
exchange-traded fund

Canada approves first blockchain exchange-traded fund

Canada’s first exchange-traded fund (ETF) is set to launch on the Toronto Stock Exchange next week as the price of bitcoin continues to fall The independent Canadian investment management company filed the paperwork for its Blockchain Technologies ETF in January, as it seeks to provide Canadian investors an opportunity to...

deVere officially launches cryptocurrency app with bold Bitcoin predictions

Nigel Green, CEO of deVere group, announces cryptocurrency app launch and predicts demand for bitcoin will ‘sky rocket’ Available for Apple and Android, the new deVere cryptocurrency app allows its users to store, transfer and exchange Bitcoin, Ethereum and LiteCoin. More cryptocurrencies will be added in the coming weeks as the...
buy bitcoins

Lloyds Bank bans customers from using credit cards to buy bitcoins

Lloyds banking group has banned credit card customers from being able to buy bitcoins over fears it could lead to huge debt The group is thought to be the first bank in the UK to ban credit card customers from borrowing money to buy bitcoins due to its plunging value. The...
Blockchain Innovation

Blockchain Innovation February 2018

Welcome to the February 2018 Blockchain Innovation supplement. We begin with an article by Vice-President and European Commissioner for Digital Single Market, Andrus Ansip, who shares his thoughts on how digitisation is changing both people and society, including disruptive technologies such as blockchain. Updating us on the latest developments in...
cryptocurrency adverts

Facebook bans cryptocurrency adverts

Facebook's ban on cryptocurrency adverts has led to an 11% drop in the value of bitcoin Investors have become spooked by Facebook's advert ban on cryptocurrencies, causing bitcoin to drop to its lowest value since November 2017. The popular social media platform has decided to ban all ads promoting cryptocurrencies, in...
Economic policies

European Commission Officials discuss economic policies for Cryptocurrencies

The European Commission has discussed the development of blockchain technology and how cryptocurrencies fit into international economic policies in a series of speeches Commissioner of the European Commission Digital Economy and Society Mariya Gabriel said “think blockchain” at the Digital-Life Design Conference in Munich as she determined how regulation and...

Follow Open Access Government