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Mastercard Eyes Cryptocurrency Refunds in New Patent Application

August J, 2017
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Mastercard Eyes Cryptocurrency Refunds in New Patent Application A new patent application from Mastercard suggests that the global credit card issuer is exploring ways to build refund services for cryptocurrency users.   The application, titled "Information Transaction Infrastructure", was published by the the U.S. Patent and Trademark Office (USPTO) on August 3, having been submitted in late January. Vladimir Goloshchuk, who according to LinkedIn previously worked as a senior analyst at Mastercard, is listed as the sole inventor.   The…

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Grandpa Had a Pension. This Generation Has Cryptocurrency

August J, 2017
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Grandpa Had a Pension. This Generation Has Cryptocurrency. Most readers have probably heard of Bitcoin, the digital coin that dominates the cryptocurrency market. It has gained notice both because of its skyrocketing value (from less than a cent in early 2010 to around $2,600 currently) and because it is frequently a key player in hacking- and black-market-related stories, from the looting of nearly half a billion dollars in coins from the Mt. Gox exchange in 2014 to the recent demand…

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Bitcoin Slide Looks Limited Even After Cryptocurrency Splits

August J, 2017
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Bitcoin Slide Looks Limited Even After Cryptocurrency Splits Bitcoin might be dividing into two separate blockchains, but its downward slide has so far been contained, signaling confidence the biggest cryptocurrency will come out of the split unscathed. The debate over how to scale bitcoin came to a head Tuesday as some cryptocurrency miners started using software called Bitcoin Cash and splitting a new blockchain off the old one. Blockchain is the technology used for verifying and recording digital currency transactions.…

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Bitcoin Cash Futures Plunge on ViaBTC

August J, 2017
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Bitcoin Cash Futures Plunge on ViaBTC   The creators of Bitcoin Cash believe support for segregated witness was a mistake – and a diversion from Satoshi Nakamoto’s vision for Bitcoin – and they aim to help bitcoin scale by immediately increasing the block size from 1 MB to 8 MB. Since Bitcoin Cash is forking the Bitcoin blockchain, most bitcoin holders will receive an equal number of bitcoin cash. As long as you control the private keys of your bitcoin…

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Bitcoin Cash – Another Fork in the Road for Bitcoin

July J, 2017
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Bitcoin Cash – Another Fork in the Road for Bitcoin Last week the bitcoin community and investors breathed a sigh of relief as BIP 91 locked in and activated, signalling what we thought was a great step forward in finally resolving the long standing Bitcoin scaling debate. Confidence soared and the price recovered from a previous tumble. And then came a twist. In the last 72 hours, Bitcoin increasingly looks as though it is heading for a user activated hard…

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Indian Trade Survey – 97% Aware of Bitcoin, but Use of the Cryptocurrency Remains Low

July J, 2017
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Indian Trade Survey – 97% Aware of Bitcoin, but Use of the Cryptocurrency Remains Low A study by India’s market and trade body has found that while 97 percent of participants are aware of bitcoin, its use within their services remains low. PHD Chamber of Commerce and Industry, which plays a role in India’s industrial development processes, hosted a meeting ‘Roundtable on Industry Perspective on Bitcoins: A New World of Payments and Deals,’ on Wednesday, according to News 18. According…

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Philippine Government Yet to Approve Cryptocurrency Exchange Applicants

July J, 2017
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Philippine Government Yet to Approve Cryptocurrency Exchange Applicants Philippine business press, Businessmirror, has reported that the government has been yet to approve a single virtual currency exchange application. The Philippine central bank, Bangko Sentral ng Pilipinas, introduced regulations for virtual currencies earlier this year – which focussed heavily on creating guidelines for the operations of cryptocurrency exchanges. The Philippine Central Bank Has Received Less Than 10 Applications For Virtual Currency Exchange Registration The Philippine Central Bank’s Supervision and Examination Sector…

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Malta Entrepreneur has Installed the Country’s First Cryptocurrency ATM

July J, 2017
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Malta Entrepreneur has Installed the Country’s First Cryptocurrency ATM A Malta entrepreneur has installed the country’s first cryptocurrency ATM. The installation has occurred just days after local media reported that a start-up had launched a crowdfunding campaign to finance the country’s first bitcoin ATM. The Cryptocurrency ATM Has Been Installed Days After a Crowdfunding Campaign Was Launched to Fund a Rival Terminal A local Malta entrepreneur, Gabriel Cretu Torica, has installed the country’s first cryptocurrency ATM. The terminal has been…

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All Cryptocurrency Prices Today Have Volatile Swings

July J, 2017
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All Cryptocurrency Prices Today Have Volatile Swings   All Cryptocurrency prices were volatile today, and most were down as of 2:00 p.m., with the total value of the global marketplace falling from nearly $95 billion to roughly $86.8 billion over the last 24 hours. The biggest story moving cryptocurrency prices today (Tuesday) was renewed fear over a potential August fork in Bitcoin that could split the currency. Bitcoin Cash has announced plans to proceed with a fork. BCC is generating…

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Now You Can Pay For Your University Degree With Cryptocurrency

July J, 2017
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Now You Can Pay For Your University Degree With Cryptocurrency Cryptocurrency has taken the online e-currency market by storm in recent years. The likes of Bitcoin have gone all out and it’s currently the fastest growing e-currency in the world by a considerable margin. As of July 2017, Bitcoin has made investors billions and it’s currently worth more than $2,200 apiece. It’s uncertain how much further the value of Bitcoin is expected to grow, but as its market cap alone…

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