Kraken has officially launched in Canada following a partnership with digital currency industry-focused risk management specialist Vogogo. The San Francisco-based bitcoin exchange now allows users in Canada to convert Canadian dollars into digital currencies using Interac e-Transfer and electronic fund transfers (EFT). Trading fees are then priced between 0.10%…
It was the second week of February 2013 when I first ventured a public opinion that Bitcoin is the real deal. The dollar exchange rate was at $25, on its way toward another run-up and crash that had been the pattern for two years. How can you create money out of computer code? That struck me as absurd.I had just returned from a conference where some Bitcoiners…
According to a Wall Street Journal article, Soros Fund Management, the $30 billion fund which oversees Soros’s investments, made a series of large investments into precious metals. Soros bought a $264 million stake, or 1.7% in Canada-based Berrick Gold, while cutting investments in US-based stocks by one third. Hedging against potential EU collapse triggered…
We wanted to provide customers notice of how a possible hard fork of the Bitcoin protocol into Bitcoin Core and Bitcoin Unlimited will affect Coinbase accounts. The only version of Bitcoin supported on the Coinbase platform today is Bitcoin Core, currently represented by the symbol BTC. We may provide support for Bitcoin Unlimited in the future depending on market…
The Solution What if we gave this ledger — to everybody? Instead of the ledger living on a Blizzard computer, it’ll live in everybody’s computers. All the transactions that have ever happened, from all time, in digital apples will be recorded in it. You can’t cheat it. I can’t send you digital apples I don’t have, because then it wouldn’t sync up with everybody…
With just a few dollars worth of Bitcoin you can start trading cryptocurrencies right now. There are no broker fees, there are no middlemen to deal with, nor really any barriers to entry or red tape. All you need is some percentage of a single Bitcoin. There is no reason not to try it out. If you can accept risking a few dollars, it’s a great way to get into…
Forex an CFD broker, AvaTrade has announced that they are launching bitcoin (BTC/USD) trading. The digital currency will be available as a CFD, and is being offered on both its AvaTrader and MetaTrader 4 platforms. The CFD is available for both short and long trades with the broker offering up to 5:1 leverage for trading the digital currency. AvaTrade announced…
If we refuse to recognize the high utility value of USD and its global ease of flow, then we will continue to misunderstand the demand for the dollar and its appreciation. I have covered the many reasons why the U.S. dollar (USD) has strengthened in dozens of posts over the past 5 years, (Could the U.S. Dollar Rise 50%?, January 12, 2011), and I described the…
If you are about to explore Bitcoin, there are a few things you should know. Bitcoin lets you exchange money in a different way than with usual banks. As such, you should take time to inform yourself before using Bitcoin for any serious transaction. Bitcoin should be treated with the same care as your regular wallet, or even more in some cases! Securing your…
Bitbond is a global peer-to-peer online lending platform which allows you to earn high returns on your investments and help fund businesses globally with Bitbond’s dollar and bitcoin denominated loans. Signing up only takes seconds and you could be making your first bitcoin investment in just a couple of minutes. Bitcoin lending at Bitbond is completely free…
Setting up mining servers in india is simply not feasible. Mining requires many hardware tools which are very expensive. Along with the hardware you also require cheap 24x7 electricity, high speed Internet and other factors which are not possible in india. Without mining if you buy one bitcoin at a price of $1 the price of bitcoin will fluctuate and it can go…
Charities are often open to all sorts of donations, whether in money or in kind. Now they’re turning to a new source: donations of bitcoin. Among the charities soliciting donations from bitcoin users are Save the Children, an aid agency that receives hundreds of millions of dollars in donations every year, American Red Cross and Greenpeace. “There is a sense…
In its annual Outrageous Predictions report, the Danish firm Saxo Bank stated that America s expected spending binge in 2017 and beyond by the Trump administration will cause “U.S. growth and inflation to sky rocket, forcing the Federal Reserve to accelerate its hikes and the USD dollar to hit the moon.” As a result, Russia, China, and other emerging markets…
The Oxford Dictionaries Online is adding a slew of words, from bitcoin to twerk. Before you completely lose it, the Oxford Dictionaries Online is separate from the Oxford English Dictionary, though both are published by the Oxford University Press. The ODO changes much more frequently, and has added text-speak acronyms like OMG and LOL in recent years. The OED…
The operators of the Kraken alt-coin exchange will distribute $91m in Bitcoins to people left out of pocket by the 2014 MtGox collapse. Kraken, appointed to oversee what remains of the MtGox estate, says it has reviewed thousands of claims by MtGox s customers, who want their BTC back. Kraken will now hand out millions of dollars in the virtual currency to some…
A curious and probably accidental artefact has popped up in the Bitcoin blockchain, with a user reporting that it s identified as containing a virus by Microsoft s Security Essentials. The reason El Reg is inclined to think it s accidental: in this discussion on a Microsoft discussion board, user edc678 says MSE is identifying the signature of the STONED virus…
Best wishes to all our clients and the crypto community for happy holidays and a great new year! Here’s a look back at some of the major Kraken milestones of 2016. It was a year of major growth for Kraken with four landmark acquisition deals and many new exciting digital assets added to the platform. We are already busy planning to make 2017 even better! Kraken…
This is the second in our series of visual posts on how to read the Exchange Dashboard: Order Book and Depth Chart (this article) Part 1 looked at the Trade History and Price Chart, which provide information on trades that have already taken place. This article will focus on the Order Book and Depth Chart, which provide information about orders that have not…
At Open Whisper Systems, we often get emails from people who d like to donate money to the project. For an OSS project, particularly one that aspires to a collective sense of ownership, handling donations is not always entirely straightforward. The fundamental contradiction is that while donations are meant for a project , they re traditionally sent to a person…
Another $1 bln will be added to the market cap of Bitcoin in one day - that is by tomorrow December 24 if the digital currency’s uptake continues at its current pace. According to CoinMarketCap, the currency, as at the time of this publication, increased by 5.34 percent to push its market cap to $14.6 mln at a rate of $912 per Bitcoin, having recorded around…
A bitcoin. Photograph by Karen Bleier — AFP/Getty Images Bitcoin believers don t want to share the pain. Bitfinex, one of the world s largest bitcoin exchanges, has decided to shave off just over 36% of each of its users accounts to make up for its losses, rather than consolidate the deficit to users who had lost bitcoins in the hack. The haircut doesn t apply…
Share — who is said to be helping install the first bitcoin ATM on Capitol Hill following the big event. Recognizing the tension that may arise at such an event, Obama addressed the country in an early morning press briefing today (April 1) leading up to the event. “Folks, today isn’t about blue states or red states. It’s about the United States of America —…
Hong Kong is set to get its first few bitcoin ATMs this week. Two companies, ANXBTC Bitcoin and the Bitcoin Group Hong Kong, both announced yesterday that they plan to launch ATMs within days. While ANX has yet to decide on a location, the Bitcoin Group s first machine will be in operation today at Mr Bing, a Chinese pancake restaurant, in Central. Unveiling…
One of the popular Bitcoin casino platforms, Nitrogen Sports has recently announced the addition of a new game – Baccarat. The popular game is now available alongside some of the most-played games on the platform like Dice, 1-deck Blackjack, 2-deck Blackjack and 8-deck Blackjack. The Baccarat game offered on Nitrogen Sports is definitely different from other…
30 00BCE The Sumerian Shekel As far as historians know, the barter economy was the only form of trade until 3, BCE, when the Shekel started being used as the first standard unit of currency 600BCE Gold & Sivler Coins Money as we know it today started to take shape around 600 BCE, when the Lydian government minted gold and silver coins to create the first…
To use bitcoins, at some point you actually have to acquire some bitcoins. Unfortunately, doing so is not quite as easy as sticking a card into an ATM. The following are a few of the ways you can get your hands on some bitcoins. Establish that the platform you are using or the person you are buying from is legitimate, as you would with any other online transaction…
That Mark Karpeles, the infamous CEO of Mt Gox, was released on bail yesterday. The video from News24 Japan says Karpeles was let out after being imprisoned for a year and he was released on a $100, bail. Also read: Mark Karpeles was arrested last year by Japanese authorities for being involved with the Mt Gox fiasco, losing roughly 700 thousand Bitcoins. Prosecutors…
