Tag: bitcoin

Singapore Fintech Festival Takes Asean Focus In Third Run

THE Singapore Fintech Festival will focus on fintech developments and opportunities in Asean in its third run this year, said organisers from the Monetary Authority of Singapore (MAS) on Wednesday. The annual festival – to be held from Nov 12 to 16 this year – comes as Singapore holds the chairmanship of Asean. To that ...

Goldman Sachs to Open a Bitcoin Trading Operation

SAN FRANCISCO — Most big banks have tried to stay far away from the scandal-tainted virtual currency Bitcoin. But Goldman Sachs, perhaps the most storied name in finance, is bucking the risks and moving ahead with plans to set up what appears to be the first Bitcoin trading operation at a Wall Street bank. In ...

What is the Bitcoin “Lightning Network?”

Bitcoin developers and users alike have been looking for a solution to the ongoing problems that have resulted from the rapidly growing interest and demand for the cryptocurrency. August 24, 2017 was seen as a big day for Bitcoin; it was on this day that SegWit was implemented on the Bitcoin network. SegWit is a protocol which will allow ...

Nasdaq Is Open to Becoming Cryptocurrency Exchange, CEO says

Once the space matures, Nasdaq is open to becoming a platform for trading cryptocurrencies like bitcoin, according to the company’s CEO. “Certainly Nasdaq would consider becoming a crypto exchange over time,” Nasdaq CEO Adena Friedman told CNBC’s Squawk BoxWednesday. “If we do look at it and say ‘it’s time, people are ready for a more regulated market,’ ...

Is Directed Acyclic Graph (DAG) Blockchain’s New Competitor?

Directed Acyclic Graph (DAG) stands as a possible competitor to the blockchain, capable of making new cryptocurrencies while overcoming some of the issues inherent to blockchain tech. This brief overview examines the emergence of DAG and whether it can compete with blockchain. B to D: From Blockchain to DAG If you’ve been reading up on ...

How to Mine Bitcoins and What You Should Know

Bitcoin is likely here to stay. Its value remains volatile and unpredictable, but it has come a long way from the bitcoin of four or five years ago — left for dead and dismissed as a fad. Bitcoins are still around, and people are interested in learning what bitcoin is, how to get them, whether as ...

Let’s Talk About Bitcoin Nodes

Due to the decentralized nature of Bitcoin, sometimes key terms or definitions may unintentionally be misconstrued by members of the community. This is particularly problematic for those who want to learn about Bitcoin because they may get confused by variant vocabulary. For example, a Full Bitcoin Node to one person may mean something slightly different ...

Singapore Launches The First Blockchain Challenge to Boost Innovation

Singapore’s Infocomm Media Development Authority (IMDA) launched its very first Blockchain Challenge to accelerate the application of blockchain beyond fintech. To boost innovation and adoption of blockchain technology beyond fintech, Singapore’s Infocomm Media Development Authority (IMDA) launched its very first Blockchain Challenge. “To ensure every business is a digital business, Singapore’s digital economy requires technologies ...

What Makes Bitcoin so Volatile?

Bitcoin is one of the most popular subjects in the financial arena. Since its inception, there has been a lot of changes in the digital finance. Cryptocurrencies have influenced the global economy in numerous ways. However, cryptocurrencies like Bitcoin are itself a highly volatile product. Their value is fluctuating every now and then. According to ICO ...

Kakao Confirms Creation of Blockchain Platform, Denies ICO Rumor

South Korean internet giant Kakao has confirmed it is setting up a new blockchain subsidiary, but quashed rumors of a planned initial coin offering. In a press conference hosted Tuesday, the operator of South Korea’s largest messenger app, Kakao Talk, said the company has launched a new division to start developing a blockchain-powered platform for ...