Blockchain

Article contentAnt Group Co has agreed on a restructuring plan with Chinese regulators under which the fintech giant will be turned into a financial holding company, according to Bloomberg News. The plan calls for putting all of Ant’s businesses into the holding company, including its technology offerings in areas like…

India has signalled it intends to create a digital version of its currency. The Lok Sabha - the lower house of India’s Parliament – last week issued a bulletin listing bills it will consider in its next sitting. The bulletin lists “The Cryptocurrency and Regulation of Official Digital Currency Bill,…

Hey guys, it's me again with a cryptic tweet that wreaks havoc on the market. Image: BRITTA PEDERSEN / gettyimages By Stan Schroeder2021-01-29 10:59:39 UTC As the man himself said, it was inevitable.  On Friday, Tesla CEO Elon Musk changed his Twitter bio to "#bitcoin." This alone perhaps wouldn't be…

Overstock spins its blockchain subsidiary into crypto investment fund Online technology retailer Overstock is converting its blockchain investment wing into a cryptocurrency-focused investment fund as it seeks to maximize profits amid the crypto boom. Overstock.com (NASDAQ:) announced on Monday that its wholly owned blockchain-focused subsidiary, Medici Ventures, will become a…

A small toy figure and representations of the virtual currency Bitcoin stand on a motherboard in this picture illustration Reuters Bitcoin fell back below the $32,000 support level on Sunday as the cryptocurrency's trading range narrowed further. The token has steadily fallen from its early-January highs as experts warn of…

Single trades can lead to huge changes to the price of bitcoin. Yuriko Nakao/Getty Images There are around 1,000 individuals, known as whales, who own 40% of the market.  Whales have the potential to manipulate the currency valuations. "The big players can easily move the price," crypto-skeptic David Gerard, told…

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Warren Buffett Getty Images / Spencer Platt Warren Buffett has repeatedly criticized Bitcoin and other cryptocurrencies as risky and worthless."I can say almost with certainty that they will come to a bad ending," the billionaire investor and Berkshire Hathaway CEO said.Bitcoin has skyrocketed as much as 350% in the past…

Img source: unsplash.com Many say it is a development the blockchain was fueled by the 2008 global financial crisis. Dissatisfaction with governments and institutions, and especially banks, resulted in a decentralized system that was believed to replace the existing, centralized one, subject to the dictates of small groups of people…

Disruptive technologies like blockchain and artificial intelligence are powerful catalysts for change — they can change not just how a company works, but what it’s possible for it to do. Consider the case of Interac Corp., Canada’s largest digital payments company, which partnered with an energy company to change consumer…