• Everything you need to know about the bitcoin 'halving' event - Quartz

    Bitcoin halving event: What you need to know

    QZ.com 30 Jun '16, 3pm

    One of the keys to preventing fraud is the process of mining . Bitcoin transactions are stored on something called a “block.” If the bitcoin network is essentially a massive accounting book, then the blocks are its pages. Each block can store 1 megabyte of data, and it’s the miners’ j...

  • World currencies are tanking on Brexit, but bitcoin is surging

    World currencies are tanking on Brexit, but bitcoin is surging

    QZ.com 24 Jun '16, 7am

    Global currency markets are a sea of red in the wake of this morning’s shock Brexit news . The pound is down 6.44% against the euro and weakened 10% against the dollar. But one currency–or more accurately, cryptocurrency–is surging: Bitcoin is up 7% in the last seven hours of trading,...

  • Paypal (PYPL) has partnered with Coinbase for a bitcoin deal

    QZ.com 22 Jun '16, 5pm

    PayPal is slowly dipping its toes in the bitcoin waters. The company has partnered with Coinbase , a virtual currency wallet and exchange, so Coinbase users can sell bitcoin and cash out to their PayPal accounts. Buying bitcoin isn’t possible yet, but the small integration is a notewo...

  • The price of bitcoin just surged to a 20-month high

    The price of bitcoin just surged to a 20-month high

    QZ.com 29 May '16, 7pm

    Bitcoin is having a great weekend. Since Friday morning, the price of bitcoin has increased 15% and briefly reached $530. That’s the cryptocurrency’s highest price since August 2014, when bitcoin traded around $532. The market value of all bitcoin in circulation crossed $8 billion. Th...

  • Singapore is taking the internet away from all of its 140,000 public servants

    Singapore is taking the internet away from all of its 140,000 public servants

    QZ.com 08 Jun '16, 1pm

    Singaporean public servants are about to lose their internet privileges. The government will cut internet access on computers used by “all government agencies, ministries and statutory boards” starting May 2017, the Straits Times reports . Singapore’s Infocomm Development Authority, w...

  • Bitcoin’s price rose 20% over the weekend and hit a two-year high https://t.co/eI9tfcvizZ

    Bitcoin’s price rose 20% over the weekend and hit a two-year high —

    QZ.com 13 Jun '16, 5pm

    Bitcoin soared more than 20% over the weekend, and hit a two-year high of $719.85 on Monday morning trading GMT, before dropping a bit when European markets opened. Bitcoin’s been on a tear recently. On May 22, the price was at $438.77. Then the big rally started, rising 59% so far. I...

  • The price of Ether, a bitcoin rival, is soaring because of a radical, $150 million experiment

    The price of bitcoin rival Ethereum (Ether) is soaring because of a radical, $150 million experiment called the DAO

    QZ.com 20 May '16, 5pm

    Thousands of people have pumped $150 million into what might be the biggest crowdfunded project in history, something called the Decentralized Autonomous Organization (DAO). Compare this to the $20 million raised by the project with the most funds on Kickstarter, the Pebble Time smart...

  • I’m ditching traditional banks in favor of Bitcoin—and you can, too — Quartz

    QZ.com 23 May '16, 11am

    I’ve been interested in bitcoin (BTC) as a concept since its inception. Until recently, however, I considered bitcoin more of a cryptographic experiment than something that could affect my daily life. One of the biggest obstacles for me was practicality. A few years ago, buying bitcoi...

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