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Posts Tagged ‘Money’

Australia’s CSIRO, CommBank Complete ‘Smart Money’ Blockchain Trial

Australia’s federal science agency and one of the biggest commercial banks in the country say they have completed a successful trial of a prototype blockchain app that aims to make money “smart.” The Commonwealth Scientific and Industrial Research Organization’s (CSIRO) Data61 division and Commonwealth Bank of Australia (CommBank) announced the end of the trial Wednesday,…

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Without a Digital Currency, Sweden Faces the Privatization of Money

Retail payments in Sweden are now almost entirely cashless. Without a central bank digital currency (CBDC) Sweden’s entire payments market would be reliant on the private financial sector. Cecilia Skingsley, Deputy Governor of the Central Bank of Sweden, has authored an article as part of the World Economic Forum’s Annual Meeting of the Global Future…

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Bitcoin Money Velocity Hits 2010 Lows, As BTC Price Flatlines

Bitcoin’s monetary velocity is at its lowest point in eight years, and investors should be “realistic” about the chances of the 2018 bear market ending in the medium term. Echoes Of The Dawn Of Bitcoin Speculation That was the message from data analyst Willy Woo October 29, who uploaded new data tracking quarterly velocity for…

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3 Ways Cryptocurrency Investors Can Adapt to Make Money in 2019

Cryptocurrency investors have endured an unbelievably tumultuous year but in spite of the markets dismal performance, there are still a few strategies investors could employ to make money in a down market. [Editor’s note: This is a guest op-ed submitted by Julia Magas. The views expressed in this article do not necessarily reflect the views of…

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Google: ‘Money Isn’t Real’ – Bitcoinist.com

The search engine mogul Google subtly revealed its feelings on Bitcoin and cryptocurrencies through an ad for its new Call Screen service. ‘Well, I’ve Got News For You – Money Isn’t Real’ Google recently released an ad for its new Call Screen service which allows users to interact with callers prior to answering the phone.…

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Rapper Soulja Boy Drops Song About Making Money on Bitcoin

Famous rapper Soulja Boy might just be a bitcoin hodler. The 28-year-old musician, perhaps best-known for his debut single “Crank That,” debuted a new song about bitcoin in his latest album “Young Draco.” Simply titled “Bitcoin,” the track describes how Soulja “made [$1] million off of bitcoins” after seemingly buying in at $6,000. “Man, this…

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ShapeShift CEO Erik Voorhees Refutes WSJ Reports of ‘Dirty Money’

Cryptocurrency exchange ShapeShift has refuted a recent Wall Street Journal report that $9 million in ill-gotten funds went through the exchange, according to an announcement published October 1. On September 28, WSJ released an article dubbed “How Dirty Money Disappears Into the Black Hole of Cryptocurrency,” alleging that $88.6 million in fraudulently obtained funds had…

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