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+46 +7
Bitcoin might not change the world, but the blockchain that makes it work, might
Digital cryptocurrencies like Bitcoin may have failed to unseat their more traditional rivals, but the technology that underpins Bitcoin may yet bring about a revolution in finance and other industries…
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+38 +6
Alexander Hamilton safe for now as Treasury delays choosing woman for $10 bill
Alexander Hamilton's days aren't so numbered, after all. On Friday, US Secretary of the Treasury Jack Lew announced that the Department would delay its $10 bill redesign, slated to put a yet-to-be-determined American woman on paper currency for the first time in over 100 years. Whoever she is, her portrait will share the 6.14-by-2.61 inch space that has been occupied by Alexander Hamilton since 1929.
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+21 +5
China anti-counterfeiting agents make many of the fakes themselves
Multinational corporations doing business in China face a losing battle when it comes to keeping copies of their products off the market, with anti-counterfeiting investigators either collaborating with producers of the fake goods, or copying the goods themselves, according to a report. The Associated Press said it had found that anti-counterfeiting investigators were widely involved in copying products of their own western customers so they could claim bounties for “seizing” them.
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+1 +1
7 Bitcoin Cloud Mining Scammers — ABIZCAREER
The latest trend in Bitcoin Mining is utilizing the cloud to mine for Bitcoins which is cost effective and can produce on average 5% returns on your investment as long
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+47 +11
China’s Renminbi Is Approved by I.M.F. as a Main World Currency
The International Monetary Fund on Monday designated the Chinese renminbi as one of the world’s elite currencies, a major milestone that underscores the country’s rising financial and economic heft. The decision will help pave the way for broader use of the renminbi in trade and finance, securing China’s standing as a global economic power. Just four other currencies — the dollar, the euro, the pound and the yen — have the I.M.F. designation.
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+37 +8
Critics Wonder Whether Pennies Make Sense Anymore
Is it finally time to get rid of the penny? The question was put to the top currency official in the country this week after comedian John Oliver took a swing at pennies on his TV show. "Two percent of Americans admitted to regularly throwing pennies in the garbage, which means the U.S. Mint is spending millions to make garbage," Oliver said.
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+18 +4
EU against Bitcoin payments after Paris attacks
European Union countries are planning a crackdown on Bitcoin and other anonymous payment methods in light of the Paris attacks.
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+20 +4
I (Shall Happily) Accept the 2016 Nobel Prize in Economics on Behalf of Satoshi Nakamoto
Nearly 25 years after receiving my PhD in Finance from the University of Chicago, I finally heard from the Prize Committee for the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel -- popularly known as the Nobel Prize in Economic Sciences. No, I was not awarded the prize -- I was not expecting to. The committee has invited me to nominate someone for the 2016 Prize. I feel honored. Frankly, this is as close as I am going to get to the Nobel Prize.
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+23 +7
Zerocoin Startup Revives the Dream of Truly Anonymous Money
Bitcoin, despite its reputation as anonymous internet cash, was never designed for perfectly private payments. For the promise of fully untraceable money, cryptocurrency fans have been waiting for Zerocoin—a technology designed to have default uncrackable anonymity. After years of development, that incognito cryptocash is finally showing signs of a life, now in the form of a stealthy startup.
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+18 +4
Record $1 billion invested in Bitcoin firms so far
Bitcoin companies have raised a whopping $1 billion in 2015 so far. Blockchain technology is finally going mainstream.
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+25 +6
I Broke Bitcoin
A lesson in the virtues of specificity.
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+1 +1
Currency exchange scandal by PayPal, Amazon and eBay With Millions in Iranian Rial Sales
Americans are illegally buying Iranian Rial, while PayPal and other two are helping them in open defiance of US law and international sanctions against Iran
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+27 +5
U.K. media loves the idea of a Margaret Thatcher $10 bill
Britain is abuzz with U.S. presidential candidate Jeb Bush's suggestion that Margaret Thatcher should grace the new $10 bill. Mock-ups of a $10 note featuring the former prime minister feature prominently on newspaper websites Thursday. Even the BBC couldn't resist, pasting an image of a steely-eyed, if slightly smiling, Thatcher onto the bill. Bush made Thatcher his choice during Wednesday's night's Republican...
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+24 +7
IBM Adapts Bitcoin Technology for Smart Contracts
International Business Machines Inc. thinks the technology that underpins the bitcoin digital currency can do a lot more than support cash 2.0. Within the next few months, the venerable tech giant plans to release open source software that could be used to create digital contracts that—like bitcoin transactions—would be recorded publicly and securely on a world-wide computer network.
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+28 +8
Visa, Nasdaq, Others Invest $30 Million in Bitcoin-Related Startup
Some of the biggest companies in the financial sector have invested $30 million in Chain Inc., a San Francisco-based company that works with banks and other institutions to develop ways to trade and transfer financial assets using the system that underpins the virtual currency Bitcoin.
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+2 +1
Her Majesty The Queen becomes the UK's longest reigning monarch
Her Majesty The Queen enters the record books as she becomes the longest reigning monarch in British history. And this cool infographic from the Royal Mint explores the coins featuring her profile that have been struck during her 63 year and 216 day reign.
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+56 +18
Putin proposes new common currency among former Soviet states to replace the dollar
When Russian President Vladimir Putin submitted a bill aimed to help de-dollarize the post-Soviet space, it came as no surprise for many in the former U.S.S.R. On August 28, Putin asked parliament to ratify a treaty among members of the Commonwealth of Independent States that would expand the use of their national currencies -- instead of the dollar or euro -- in foreign trade payments and financial services.
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+47 +8
50 Dollar Bill is actually a 10 Dollar Bill
Removing fake coated from 50 dollar Bill #FraudAlertPeople say: "it isn't a recent type of fraud" "Even in the 90s decade, people used to use this method to deceive".
2 comments by dianep -
+20 +7
Canadian dollar closes below 75 cents US for 1st time since 2004
The Canadian dollar dropped to its lowest level in more than a decade today, despite oil prices that rebounded a little from yesterday's lows.
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+22 +2
Russian Ruble Collapses to 7-Month Low
The Russian ruble has plunged 2.3 percent to hit a seven-month low amid a further drop in oil prices, the country's key export.
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