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South Korean millennials are keen to invest in cryptocurrencies more than any other generation presently, according to a new report by the Bank of Korea (BOK). Not only are they interested but anxious to get in on the opportunity. Cryptocurrency trading has gripped the South Korean population and inspired a bandwagon effect in which the

The post Poll: Two-Fifths of South Korean Millennials Keen to Invest in Bitcoin appeared first on CCN

This article originally appeared on Bitcoin Magazine.

Reddit no longer accepts Bitcoin payments for its premium membership program, Reddit Gold, although the feature may return to the social media platform in the future. Last week, a Reddit user noticed that he or she was unable to use Bitcoin to gift another user a Reddit Gold subscription, a common way to show appreciation … Continued

The post Reddit Disables Bitcoin Payments Amid Coinbase Commerce Overhaul, But Are They Gone Forever? appeared first on CCN

Rumors of a new ASIC mining rig from Bitmain have driven Ethereum prices well below their one-week high of $585. An ASIC – or Application-specific integrated circuit – in the cryptocurrency world is a chip that designers create for the specific purpose of mining a single currency. Early Bitcoin ASICs, for example, drove adoption up […]

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Cryptocurrencies have another skeptic at the Federal Reserve.

Speaking to the Hope Global Forum in Atlanta on Tuesday, Atlanta Fed President Raphael Bostic urged attendees to avoid bitcoin and other cryptocurrencies

"Don't do it," he said, according to Bloomberg. "They are speculative markets. They are not currency. If you have money you really need, do not put it in these markets."

Here are the current prices:

SEE ALSO: Google is banning all bitcoin, ICO, and cryptocurrency ads starting in June

Join the conversation about this story »

NOW WATCH: In 50 years we'll have 'robot angels' and will be able to merge our brains with AI, according to technology experts

Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.

Cryptocurrencies have another skeptic at the Federal Reserve.

Speaking to the Hope Global Forum in Atlanta on Tuesday, Atlanta Fed President Raphael Bostic urged attendees to avoid bitcoin and other cryptocurrencies

"Don't do it," he said, according to Bloomberg. "They are speculative markets. They are not currency. If you have money you really need, do not put it in these markets."

Here are the current prices:

SEE ALSO: Google is banning all bitcoin, ICO, and cryptocurrency ads starting in June

Join the conversation about this story »

NOW WATCH: In 50 years we'll have 'robot angels' and will be able to merge our brains with AI, according to technology experts

Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.

Cryptocurrencies have another skeptic at the Federal Reserve.

Speaking to the Hope Global Forum in Atlanta on Tuesday, Atlanta Fed President Raphael Bostic urged attendees to avoid bitcoin and other cryptocurrencies

"Don't do it," he said, according to Bloomberg. "They are speculative markets. They are not currency. If you have money you really need, do not put it in these markets."

Here are the current prices:

SEE ALSO: Google is banning all bitcoin, ICO, and cryptocurrency ads starting in June

Join the conversation about this story »

NOW WATCH: In 50 years we'll have 'robot angels' and will be able to merge our brains with AI, according to technology experts

Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.

Cryptocurrencies have another skeptic at the Federal Reserve.

Speaking to the Hope Global Forum in Atlanta on Tuesday, Atlanta Fed President Raphael Bostic urged attendees to avoid bitcoin and other cryptocurrencies

"Don't do it," he said, according to Bloomberg. "They are speculative markets. They are not currency. If you have money you really need, do not put it in these markets."

Here are the current prices:

SEE ALSO: Google is banning all bitcoin, ICO, and cryptocurrency ads starting in June

Join the conversation about this story »

NOW WATCH: In 50 years we'll have 'robot angels' and will be able to merge our brains with AI, according to technology experts

Reddit no longer allows users to pay in bitcoin for subscriptions to its premium membership program, Reddit Gold.

• BMW will start testing its upcoming car subscription service next week, Bloomberg reports.
• According to Bloomberg, the service, called Access by BMW, will debut as a pilot program at a BMW dealership in Nashville on April 2.
• A BMW spokesperson told Business Insider that the pilot program will arrive in 2018, but did not comment on when or where the the program would begin.

BMW will start testing its upcoming car subscription service next week, Bloomberg reports.

According to Bloomberg, the service, called Access by BMW, will debut as a pilot program at a BMW dealership in Nashville on April 2. A BMW spokesperson told Business Insider that the pilot program will arrive in 2018, but did not comment on when or where the the program would begin.

Generally, car subscription services allow users to switch between different models of a brand's vehicles for a monthly fee that's often higher than the one a customer would pay after buying or leasing a vehicle. Part of that premium comes from the user's access to multiple vehicles, and part of it comes from the insurance and maintenance services that come with the subscription.

BMW follows brands like Cadillac, Porsche, and Volvo, which have all introduced subscription services in recent years. Lincoln and Mercedes-Benz will reportedly join BMW in launching their own subscription services this year.

Subscription services are seen by the auto industry as a potential solution to its boom-or-bust nature. By having users pay a consistent, monthly fee — rather than buying a car once every three-to-five years — auto companies can create more predictable revenue streams. While the auto industry has posted strong sales numbers in recent years, car manufacturers and dealerships are worried that a downturn is near.

A 2016 report from the consulting firm McKinsey & Company predicted that "on-demand mobility services and data-driven services" like subscriptions, ride-hailing services, and remote software upgrades could create $1.5 trillion in additional revenue for the auto industry in 2030.

SEE ALSO: Volvo just launched a new subscription service for its cars — but it's a bad deal for consumers

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NOW WATCH: Goldman Sachs investment chief: Bitcoin is definitely a bubble, Ethereum even more so

One of Bitcoin’s biggest bulls is doubling down on his conviction that the future is bright for cryptoassets. Mark Yusko, founder and chief investment officer at Morgan Creek Capital, announced that the Chapel Hill, North Carolina-based firm is seeking to raise up to $500 million to start a new hedge fund focused exclusively on cryptoassets

The post Bitcoin Bull Mark Yusko Raising Capital for $500 Million Cryptoasset Hedge Fund appeared first on CCN

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Major technology companies, particularly Facebook, are gearing up for rounds of marathon hearings and heavy scrutiny from Congress in the wake of the Cambridge Analytica scandal and other concerns about individual privacy.

The Senate Judiciary Committee extended an invitation to Facebook founder and CEO Mark Zuckerberg on Monday to testify on consumer privacy protections, adding to the list of congressional panels requesting his presence.

Zuckerberg, along with Twitter CEO Jack Dorsey and Google CEO Sundar Pichai, are slated to face a barrage of questions about their respective companies' data collection and privacy policies. In related news, Twitter dropped after Citron Research said it's the social media company "most vulnerable to privacy regulation."

Back in finance news, a top Deutsche Bank executive has described the bank as "most dysfunctional" company she has ever worked for, amid reports that chairman Paul Achleitner is preparing to oust CEO John Cryan.

The CEO of hyped trading startup Algomi has left.

And in markets news:

• Stocks haven't been this wildly unpredictable in years — but one key historical comparison could reveal what's next
• Millennials must avoid one big 'temptation' if they want to properly save money, UBS' US equity chief says
• A crowded stock trade is at risk of unraveling — and its collapse could cause a brutal reckoning for the market

Join the conversation about this story »

NOW WATCH: Goldman Sachs investment chief: Bitcoin is definitely a bubble, Ethereum even more so

The first regulated US exchange to list bitcoin futures contracts has asked the Securities and Exchange Commission (SEC) to reconsider its hardline approach toward Bitcoin ETFs and other cryptocurrency-based exchange-traded products (ETPs). In a letter dated March 23, CBOE President Chris Concannon addressed concerns raised that the SEC had raised in a January letter sent … Continued

The post CBOE Nudges SEC to Allow Bitcoin ETFs in New Letter appeared first on CCN

• Stu Taylor, the CEO and cofounder of Algomi, a bond trading startup with big name backing, has left. 
• The firm has won a number of fintech awards, while Taylor was named one of the most powerful executives in trading. 
• The firm's last set of financial accounts show a loss of £15.5 million in the 18 months to December 2016.

Stu Taylor, the CEO of hyped bond trading startup Algomi, has left the firm.

The firm runs the Honeycomb Network, a platform that lets investors see which dealer is best placed to make corporate bond trades happen. The firm told Business Insider last year it had 250 buy-side firms on the platform, along with 20 banks.

The firm has won a bunch of fintech awards, and counts investment from Lakestar, Euronext, AllianceBernstein and S&P Global. In November, it launched Algomi ALFA, a pre-trade fixed income data aggregation and market surveillance tool for bond investors. That followed Algomi's acquisition of AllianceBernstein's ALFA platform earlier in the year. 

But the firm has struggled financially, according to its most recent UK accounts. It lost £15.5 million in the 18 months to December 2016 and ended the year with net liabilities of £6.2 million. Revenues were £9.3 million but the business was pushed to a loss by administrative expenses of £22 million.

Taylor cofounded Algomi in 2012 with Usman Khan, having previously held senior roles in fixed income at UBS. Khan is now interim CEO, according to a spokesman. The spokesman said: 

Stu Taylor has left his role as CEO and director of Algomi to pursue new challenges. The Algomi board and other shareholders would like to thank Stu for his considerable contribution over the past six years and wish him the very best in his future endeavors.  Stu will continue to be a significant shareholder in Algomi.

Algomi is currently led by executive chairman Glen Moore, who was appointed earlier this year, and interim CEO and cofounder Usman Khan. 

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NOW WATCH: Goldman Sachs investment chief: Bitcoin is definitely a bubble, Ethereum even more so

Bitcoin is yet to find acceptance as "digital gold," an S&P 500 and bitcoin price comparison suggests.

The post (+) Long-Term Cryptocurrency Analysis: Selling Pressure Persists as Altcoins Still Weigh appeared first on CCN

• Opentrons, a Brooklyn-based startup that's building robots to help out with routine lab work, just closed a $10 million seed-funding round led by Khosla Ventures.
• Its robots help scientists by automating the process of pipetting, a necessary task for things like getting DNA samples ready for sequencing.
• Opentrons has been using the funding to develop its new robot, OT-2, which has a starting price of $4,000 — a much lower cost than traditional lab equipment that performs the same task. 
• The hope is to open the technology up to more people who might be interested in biotech, including areas like fashion and food tech, that until now weren't able to pay high prices for the equipment. 

Opentrons, a Brooklyn-based startup that's trying to replace lab work that scientists often have to do by hand with a $4,000 robot, just raised $10 million. 

The seed funding round was led by Khosla Ventures, which was joined by the Y Combinator Continuity Fund, Lerer Hippeau Ventures, and former Pfizer CEO Jeff Kindler. The company got its start back in 2014 with a Kickstarter campaign, and went on to be a part of Y Combinator in 2016.

Opentrons develops robots that help scientists by automating the process of pipetting, which transports a certain amount of liquid from one place to another. It's a necessary part of doing things like getting DNA samples ready for sequencing. 

The funding, which has come in over the last year, has been used in part to get Opentrons' new robot, the OT-2, developed, along with now launching the product.  The OT-2 starts at $4,000, a price point Opentrons says is 10 times less than traditional lab robots. 

Here's what it looks like in action in Opentrons' offices in Brooklyn's Dumbo neighborhood.

The hope is that by making the robot cheaper, it'll open up the world of biotech to not only those developing medications but to folks that don't come from traditional biotech backgrounds who might be interested in applying biotech to their industry, like fashion and food. Will Canine, chief product officer at Opentrons, told Business Insider said about 75% of Opentrons customers hadn't had a lab robot before their Opentrons machine. 

Canine compared the easier accessibility of the robots to the advancements that were made with early computers. In the same way early computers were only available in certain institutions that could afford them, that's how lab equipment's been so far. Canine sees Opentrons robots transforming labs the ways PCs changed how people interacted with computers.

The robots are also open-source, with the hope that this will make it easier to share scientific protocols between labs so that those running the robots don't have to start from scratch. Going forward, Canine said, the plan is to build more products and applications to add on to the robot.

SEE ALSO: A startup that uses software to discover new drugs just raised $10 million

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NOW WATCH: Goldman Sachs investment chief: Bitcoin is definitely a bubble, Ethereum even more so

• Ethereum was trading at $451 early Tuesday, its lowest price the year so far.
• The second-largest cryptocurrency by market cap has lost 39% since the start of the year

Ethereum hit its lowest price of 2018 so far, bottoming out at $451.19 per token, early Tuesday, according to Markets Insider data.

The second-largest cryptocurrency by market cap's previous low was $460 per token, set just over a week ago on March 18, according to historical data from CoinMarketCap.com.

This year has been a marked departure from 2017 for all cryptocurrency. Even the flagship bitcoin, whose meteoric rise in 2017 led to a frenzy of investment and media interest, is down 41% since January 1.

The prices of many of the major cryptocurrencies tend to trade in tandem with one another, something Goldman Sachs said in February was "contrary to what one would expect in a rational market."

Since the beginning of 2018, the total market for cryptocurrencies has more than halved and is currently just $301 billion, according to CoinMarketCap, after starting the year at $608.2 billion.

You can track the price of ethereum in real-tome on Markets Insider here>>

SEE ALSO: Dow Jones soars to 3rd-biggest point gain ever

Join the conversation about this story »

NOW WATCH: What would happen if humans tried to land on Jupiter

• Ethereum was trading at $451 early Tuesday, its lowest price the year so far.
• The second-largest cryptocurrency by market cap has lost 39% since the start of the year

Ethereum hit its lowest price of 2018 so far, bottoming out at $451.19 per token, early Tuesday, according to Markets Insider data.

The second-largest cryptocurrency by market cap's previous low was $460 per token, set just over a week ago on March 18, according to historical data from CoinMarketCap.com.

This year has been a marked departure from 2017 for all cryptocurrency. Even the flagship bitcoin, whose meteoric rise in 2017 led to a frenzy of investment and media interest, is down 41% since January 1.

The prices of many of the major cryptocurrencies tend to trade in tandem with one another, something Goldman Sachs said in February was "contrary to what one would expect in a rational market."

Since the beginning of 2018, the total market for cryptocurrencies has more than halved and is currently just $301 billion, according to CoinMarketCap, after starting the year at $608.2 billion.

You can track the price of ethereum in real-tome on Markets Insider here>>

SEE ALSO: Dow Jones soars to 3rd-biggest point gain ever

Join the conversation about this story »

NOW WATCH: Neo-Nazi groups let a journalist in their meetings and rallies — here's what he saw

• The number of foreign businesses looking to leave Britain as a result of Brexit is falling.
• Twelve per cent of Eurozone businesses with operations in the UK plan on "pulling all of their capacity out of the UK as a result of Brexit," according to a survey from Swiss bank UBS
• That's down from 15% at the time of a previous survey by the bank.

LONDON — The proportion of foreign businesses looking to leave Britain as a result of Brexit is falling, according to a survey from Swiss bank UBS.

The survey, conducted by the UBS Evidence Lab found that 12% of Eurozone businesses with operations in the UK plan on "pulling all of their capacity out of the UK as a result of Brexit." That is substantially from the 15% share with the same plan at the time of UBS' previous survey.

The share of businesses planning on moving any of their operation out of the UK also fell from the previous survey, UBS said, with 36% of firms planning some form of relocation, compared to 43%.

Around a quarter of businesses said they would move a "large" amount of work out of the UK, compared to 28% previously.

Here's UBS' chart:

While businesses are now less likely to move operations out of the UK after Brexit, they are planning on reducing the amount of investment they make in the UK instead.

"The share of companies that anticipate reducing their investment went up to 39% in Q1 2018 from 35% in Q3 2017," UBS said. "28% of firms expect to cut back investment "somewhat" (up from 21%) and 11% "significantly" (down from 14%)."

German businesses were the most likely to be more negative on their UK investment prospects, the bank said.

"As regards country-specific responses, the attitude of German companies turned more negative: In our last survey from Q3 2017, 30% of German corporates said they would react negatively to Brexit – less than in France, Spain or Italy. But in our latest survey, the share of negative responses from Germany rose to 45%, more than in the other three countries," the report noted.

Here's the chart:

Companies from overseas have been looking for clarity over Brexit ever since the referendum almost two years ago. Earlier in March, EU leaders agreed to move Brexit talks into the final phase after agreeing their negotiating guidelines for the next round of talks.

This provides businesses with greater clarity, although it should be noted that the agreement occurred after UBS' survey was completed.

UBS surveyed 600 Eurozone corporates between mid-January and early March.

SEE ALSO: JD Wetherspoon boss threatens to stop selling prosecco and champagne in post-Brexit trade war

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NOW WATCH: Goldman Sachs investment chief: Bitcoin is definitely a bubble, Ethereum even more so

The Bitcoin price once again dipped below $8,000 on Tuesday, demonstrating an inability to break out of its prolonged slump. The wider markets failed to fare much better, placing the cryptocurrency market cap at risk of descending below the $300 billion mark At present, the market has an aggregate value of $301.8 billion, down from

The post Bitcoin Price Dips Below $8,000, Wider Market Struggles to Hold Above $300 Billion appeared first on CCN

The bears continued to be in the driver's seat on Monday, but bitcoin could see a minor corrective rally soon.

• European stocks appreciate sharply as trade war fears subside.
• Europe's gains follow a huge session in the USA on Monday, when the Dow Jones saw the third biggest single day gain in points terms in its history.
• Markets have moved "from extreme pessimism to wild optimism," according to one strategist.

LONDON — Stocks across Europe are climbing sharply on Tuesday as investors' fears of a trade-war between the US and China continue to subside. 

Europe's gains follow a huge session in the USA on Monday, when the Dow Jones Industrial Average saw the third biggest single day gain in points terms in its history. Monday's gains came after stocks saw their worst one-week drop in more than two years, falling 5.9%.

Those gains have now spread into Europe, with all major indices on the continent strongly higher after just over an hour of trading. Here's the scoreboard as of 9.10 a.m. BST (4.10 a.m. ET):

• Britain's FTSE 100 — up 1.45% at 6,988 points
• Germany's DAX — up 1.4% at 11, 952
• France's CAC 40 — up 1.21% at 5,127
• Italy's FTSE MIB — up 1.39% at 22,318
• Spain's IBEX 35 — up 0.82% at 9,458

"Shifts from extreme pessimism to wild optimism are driving markets today," Hussein Sayed, chief market strategist at FXTM said in an email.

"Investors should get used to President Trump talking big to make the business news headlines, only to follow up with much less radical action. Since he took office, the administration has been shaken by many high-profile departures - five of whom were fired - but the one “key advisor” he cannot fire is the U.S. stock market," Sayed added.

Stocks initially fell last week after President Donald Trump's announcement that the US would impose new tariffs on imports from China.

Trump's tariffs, which act as a tax on imports, are slated to apply to goods worth about $50 billion annually and hit industries from aerospace to pharmaceuticals. Additionally, the crackdown will limit certain types of Chinese investment into the US.

SEE ALSO: REPORT: 'Dysfunctional' Deutsche Bank is preparing to oust CEO John Cryan

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NOW WATCH: Goldman Sachs investment chief: Bitcoin is definitely a bubble, Ethereum even more so

• Deutsche Bank COO Kim Hammonds told a conference that the bank is the "most dysfunctional" company she has ever worked for.
• Hammonds made the comments at an internal managerial conference.
• Her comments come as it is reported that chairman, Paul Achleitner is preparing to oust CEO John Cryan after a clash over strategy.

A top Deutsche Bank executive has described the bank as "most dysfunctional" company she has ever worked for, amid rumours that chairman Paul Achleitner is preparing to oust CEO John Cryan.

According to a German language report from the Frankfurter Allgemeine Zeitung, Deutsche's COO Kim Hammonds — who was previously global chief information officer at Boeing, and has held senior positions at both Ford and Dell — made the comments at a management conference in Germany.

Hammonds did not deny making the comments, according to the Handelsblatt newspaper, but said they were made at an "internal, confidential managerial conference." A spokesman for Deutsche Bank didn't immediately respond to a request for comment.

"The situation at Deutsche Bank is vastly more complex [than anywhere else], which isn’t really surprising. We’re a global bank in a difficult transformation," she added.

Deutsche Bank is in the midst of a major overhaul, spearheaded by John Cryan as it looks to end years of lacklustre performance.

The bank has sought to trim costs after reporting its third consecutive annual loss, losing almost half a billion euros in 2017. Germany's largest lender is also seeking to cut as many as 500 jobs from its investment bank, it was reported in February.

Separately, The Times reported that Deutsche Bank's chairman, Paul Achleitner, is preparing to oust CEO Cryan, and that the bank has started approaching possible candidates to replace Cryan after he and Achleitner clashed over strategy.

Cryan was brought in to Deutsche Bank in 2015 to spearhead a turnaround problem, but is believed to have faced resistance to the pace of change he wants to implement. "It is quite clear the relationship is broken between the chief executive and the chairman," an unnamed source told The Times.

The Times lists Goldman Sachs' London-based international CEO Richard Gnodde, Standard Chartered boss Bill Winters, and Jean Pierre Mustier, the head of Italy's biggest bank Unicredit, as possible replacements for Cryan. Financial News reports that headhunters Heidrick & Struggles are leading external recruitment efforts.

Gnodde is said to have been approached by Deutsche Bank already, but is believed to have turned down the advances. 

Deutsche Bank declined to comment when approached by Business Insider.

Deutsche's current co-head of corporate and investment banking, Marcus Schenck, is also said to be seen as a possible internal replacement for Cryan, according to Financial News. Christian Sewing, co-head of commercial and private banking, and chief financial officer James Von Moltke are also said to be in contention.

SEE ALSO: Bank accounts could disappear within 15 years according to one of Deutsche Bank's most senior execs

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NOW WATCH: Goldman Sachs investment chief: Bitcoin is definitely a bubble, Ethereum even more so

Good morning! Here's what you need to know.

1. Yanis Varoufakis, Greece's former finance minister, launched a new party on Monday promising to free his country from debt bondage. The economist - who once described the austerity imposed by Greece's creditors as "fiscal waterboarding" - said his new MeRA25 party would revive the economy through debt restructuring and other measures.

2. Spotify expects revenue to grow 20-30% this year as currency swings slow the pace from 2017 and it gears up for one of Europe's most anticipated stock listings. The Swedish company said it expected 2018 revenue of up to €5.3 billion, which would mark a slowdown from the 39% percent growth recorded in 2017.

3. European Central Bank inspectors found shortcomings and miscalculations worth more than €10 billion when going through euro zone banks' loan books last year. The ECB's annual report on its work as the euro zone's top banking watchdog shows some banks were found to be deficient in the way they identify problem customers and loans.

4. A Brazilian appeals court rejectedo bjections raised by lawyers of former leftist President Luiz Inacio Lula da Silva against his conviction for corruption. It raises the possibility that he will soon be jailed.

5. Saudi Aramco will be ready for an initial public offering in the second half of 2018, Amin Nasser, the CEO of the state oil company, said in a Bloomberg television interview. "We are doing a lot of work to prepare the company for listing," he said.

6. Billionaire hedge fund manager Daniel Loeb's firm Third Point wants to build a stake in United Technologies. That's according to a filing with the Federal Trade Commission, as the US aero parts maker explores a breakup of its businesses.

7. Banks should adopt compensation plans that discourage excessive risk-taking and place greater onus on senior managers for wrongdoing, the outgoing head of the New York Federal Reserve said. William Dudley, who plans to step down later this year, said regulators should encourage banks to overhaul their corporate cultures to reduce risk and bad behavior.

8. The average Wall Street bonus rose 17% to $184,220 in 2017, according to a report released on Monday by New York state's chief fiscal officer. The securities industry averaged 176,900 jobs in New York City last year, down slightly after three straight years of gains.

9. Britain and the European Union are looking at whether interim taxation is needed to ensure digital firms are paying the right amount of tax, Prime Minister Theresa May said.  "We believe that the best result is an international result, but it is right to look, as the European Union, whether there are any interim steps that need to be taken to ensure that we are properly taxing these companies," May told parliament.

10. Goldman Sachs pays employees a much bigger portion in stock than Wall Street rivals, a trend that has come into sharper focus as the bank overhauls its business strategy. Goldman’s “burn rate” – the proportion of outstanding stock used to pay staff – averaged 3% over the past three years.

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NOW WATCH: Goldman Sachs investment chief: Bitcoin is definitely a bubble, Ethereum even more so

Jed McCaleb, co-founder of Ripple and the creator of the Mt. Gox exchange before selling it in 2011, claims a decentralized network is necessary for a cryptocurrency to be successful in the long term. This is why he split off from Ripple to form Stellar in 2014. A centralized financial payment system will be no

The post Stellar Founder/Ripple Co-Founder Cites Importance Of Decentralization appeared first on CCN

Bitcoin isn’t illegal, but SESTA-FOSTA could be used to sue miners or node operators depending on what they store in the blockchain.

Ads for cryptocurrencies are now banned on the biggest online platforms, but boosters still see Bitcoin reaching new heights soon.

House prices falling in almost half of all postcodes in the capital, figures reveal

House prices are falling in almost half of all London postcodes, according to new figures showing the most widespread collapse in property values across the capital since the 2008 financial crisis.

The latest signs of distress will stoke concerns that sliding prices are far from confined to the most expensive homes in central London, with the figures showing a ripple effect spreading into the suburbs.

This article originally appeared on Bitcoin Magazine.

This article originally appeared on Bitcoin Magazine.

Litecoin merchant processor LitePay is closing up shop.