The world’s largest ever bitcoin transaction has just taken place

The world’s largest ever bitcoin transaction has just taken place, with just over $1 billion (£802 million) worth of cryptocurrency transferred between accounts. The single transaction of 94,504 bitcoins represents around 0.5 per cent of all bitcoins currently in existence, and it has left analysts confused by who made it and for what purpose.

Read More

A Bitcoin ATM Could Be Coming To A Gas Station Or Vape Store Near You

When bitcoin’s price skyrocketed last year, suddenly a bunch of people wanted to get in on the action but didn’t know how. But the currency’s shady origins and digital only echo-system isolated it from a whole swath of interested investors. Soon start-ups set about trying to bridge the gap between the digital and physical world, […]

Read More

Bitcoin is on the move

Traders are feeling very bullish at the moment. Magnr Trading offers 10x leverage.

Read More

Citibank and Nordea invest in Bitcoin

As global financial institutions become more interested in bitcoin and blockchain technology, some are beginning to invest and work with startups they believe will empower them with the tools to one day engage with the industry. Today, this means partnerships like that between UK banking giant Barclays and bitcoin compliance startup Chainalysis. The two companies […]

Read More

How Bitcoin Could Make Basic Income Possible

In today’s political climate, you might laugh at the idea of doling out basic income to everyone on Earth. But cryptocurrencies like Bitcoin have technological quirks that make the utopian dream easier. Or at least more efficient. There are a zillion reasons why people think universal basic income is an attractive welfare option—futurists like it […]

Read More

Russians embrace Bitcoins, the West sticks with PayPal

One day, as you’re busy surfing on one of your favorite online stores, you stumble upon a pair of chic shades … they’re the very ones you’ve been looking for, for quite some time. And that’s not it. Best of all, they are really cheap. So you add the sunglasses to your shopping cart, proceed […]

Read More