Bitcoin declined as much as 17% on Monday, while smaller competitor ether continued to slide after experiencing a “flash crash” last week, raising concern about mainstream acceptance of the digital currencies. Bitcoin slumped to as low
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If you have heard of bitcoin and ethereum, you are also likely to be aware that these cryptocurrencies have been reaching record highs. Since the start of the year, the value of a single bitcoin has risen from US$968 to a peak of over
Bitcoin’s astronomical rally has cryptocurrency bulls feeling vindicated. Not so fast, sceptics say. The digital currency’s more than 100% surge in the past two months looks eerily familiar, argue the bears
An effort to transform how businesses work by using blockchain technology added new members from multiple industries as Toyota, Merck, State Street and other companies joined industry group the Enterprise Ethereum Alliance
You may not know it by looking at bitcoin’s recent price surge, but the infrastructure underpinning the world’s most popular virtual currency is teetering. While speculators continue to push the value of the digital money to record
South Africa’s largest banks have successfully swapped an asset via a blockchain network, set up among themselves. The banks – Absa, Investec, Nedbank, Rand Merchant Bank/First National Bank and Standard Bank
Forget bitcoin. There’s a new digital currency that is surging as online drug dealers begin adopting it to conduct business with more anonymity. The two-year-old currency monero has more than quadrupled this month after gaining
South African Reserve Bank governor Lesetja Kganyago has expressed openness to blockchain technologies which underlie cryptocurrencies like bitcoin. Blockchain technology acts as a digital distributed ledger
Blockchain — the technology that underlies cryptocurrencies such as bitcoin — is grabbing the attention of banks, says a prominent local law firm. The technology acts as a digital distributed ledger to confirm
Imagine a company with no managers and no employees. Imagine that said company operates as a democracy, and that its shareholders vote electronically on every aspect of its operations. Sounds crazy, right? Except that such a company