The Global Bitcoin Summit of 2014 was held in the China National Convention Center on May 10-11, 2014. The Chinese Government and People’s Bank of China have imposed harsh bans on Bitcoin funding banks to curb Bitcoin transactions. This act
The year 2014 has seen a heavy increase in Bitcoin awareness and adoption. With more and more companies accepting Bitcoin as a mode of payment, Bitcoin is slowly creeping up the path of gaining mainstream acceptance. There are many Bitcoin
The recent Chinese regulations have made it difficult for Bitcoin services to flourish in China. In December 2013, the price of a Bitcoin fell close to 28% in one single day due to the announcement of a ban from People’s
China, the world’s most populous country and the second largest global economy has strict regulations against Bitcoin. China National Bank – The People’s Bank of China, banned third-party payment companies from processing Bitcoin transactions on Dec 16, 2013. This move
For entrepreneurs all over the world, finding a source of funding is one of the most problematic aspects of their entrepreneurial experience. Finding investors could be as painstaking as coming up with an innovative idea to start a new venture.
With the Bitcoin being a massive hit in the financial industry, anything about Bitcoins becomes a news headline. Investors are flocking to Bitcoin markets as they see them as the future. To add to this huge Bitcoin’s crazy success, come
The recent volatility of Bitcoin price in various major Exchanges, has created a lot of buzz in the financial markets. People have started taking Bitcoins seriously. Although the recent transaction malleability has feared some, a lot of business have started
Last month, Mt. Gox had halted all transactions due to a technical glitch in its system (Transaction Malleability DDOS). This sent shock waves all over the world, consequently the Bitcoin price plummeted in all major Bitcoin Exchanges. The Mt. Gox
The Bitcoin system is probably the most transparent payment system in the world, since anyone with a node can track a transaction. But, when cautiously used the Bitcoin offers high levels of privacy. The privacy that the Bitcoin market offers
Typing “Bitcoin” in Google search would give you a million articles on news related to Bitcoin – “Bitcoin ATM opens in Canada, A major Bitcoin Exchange halts trading, Bitcoin traders make millions in just a few days,” and what not!