Bitcoin Savings and Trust founder sentenced to prison for 18 months
Jul 22, 2016 06:21 am UTC| Digital Currency
In a first U.S. securities fraud case involving a Bitcoin Ponzi scheme, a Texas-based man has been sentenced to 18 months in prison. Trendon T. Shavers, going by the alias pirateat40, was the founder and operator of...
EY Startup Challenge program woos startups to evolve blockchain technological solutions
Jul 22, 2016 05:57 am UTC| Digital Currency
The Ernst Young (EY) Startup Challenge, a six-week mentorship program attracting talents in emerging technology, has announced that it is returning with a focus on building blockchain solutions for two important industry...
Banks unprepared to face challenges posed by digital currencies, Bain's research reveals
Jul 22, 2016 05:36 am UTC| Digital Currency
In a recent survey, management consulting firm Bain Company has found that while theoretically banks are well positioned to confront the changes triggered by the rise of distributed ledgers, the reality is far more...
Coinbase adds Ethereum support for wallet users
Jul 22, 2016 04:32 am UTC| Digital Currency
Coinbase, a San Francisco based leading bitcoin exchange and wallet service, has announced that it is adding support for Ethereum, allowing users to easily buy, sell, send, and store Ether in their Coinbase...
LTC/EUR faces resistance 55 day EMA, break above confirms minor bullishness
Jul 21, 2016 12:38 pm UTC| Digital Currency
LTC/EUR is seen trading weak in red on Thursday. The pair is trading in anarrow range between 3.80 and 3.70 levels (BTCE) for the past three trading session. It is currently trading around 3.73 at the time of...
ETH/EUR upside capped by 61.8% retracement, further bullishness only above the level
Jul 21, 2016 11:34 am UTC| Digital Currency
ETH/EUR is seen trading below in red on Thursday. The pair has broken minor resistance 11.40 and jumped till 12.07 levels (KRAKEN) yesterday. It is currently trading at 11.26 at the time of writing. Ichimoku analysis of...
LTC/USD trades weaker, finds support near 4.00
Jul 21, 2016 11:21 am UTC| Digital Currency
After trading in a narrow range for past couple of days, LTC/USD showed weakness today, falling to 4.04 levels at the time of writing (BTC-e). Ichimoku analysis of daily chart: Tenkan Sen: 4.10 Kijun Sen:...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects