S

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Fishers, Indiana

See what makes Fishers, Indiana one of our best places to live.<p>When Rocky Walls, 34, was looking for a new home for his video production company, …

Bitcoin pioneer calls for regulatory guidance from EU

BRUSSELS (Reuters) - Europe should update its laws to reflect the rise of digital currencies, the head of a bitcoin start-up said, after a successful U.S. auction of bitcoins was seen as a sign of their broadening appeal.<p>A bitcoin sticker is seen in the window of Locali Conscious Convenience store, …

EU steps up controls on bitcoin, pre-paid cards to curb terrorist funds

BRUSSELS (Reuters) - The European Union will increase controls on pre-paid cards, money remittances and bitcoin in a bid to curb terrorism funding after the attacks in Paris that killed 129 people.<p>A Bitcoin logo is displayed at the Bitcoin Center New York City in New York's financial district July …

A New Service Called CoinCube Can Help Manage Your BTC

In the future, all currencies will be crypto. And you’ll need someone to manage all that crypto cash. That’s what CoinCube is trying to do: a way to manage cryptocurrency investments intelligently.<p>Created by Robert Allen, Eric Kittell, Jibben Nee and Giovanni Meacci, the system is still in its …

Bitcoin Exchange Kraken Acquires Coinsetter To Expand To The U.S.

According to Bitcoinity, Kraken is the largest EUR bitcoin exchange in the world with Bit-x and Gatecoin not far behind. But Kraken has one weakness — there isn’t much volume when it comes to other currencies. The company is trying to fix that by acquiring Coinsetter to expand to the U.S. and …

Here's what the future of bitcoin looks like -- and it's bright

Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this rhetoric, it’s not all that difficult to compare the rise of bitcoin to that of …

Bitcoin

Africa’s big banks are betting on fintech startups and bitcoin to beat disruption

<i>This post has been corrected.</i><p>African banks have been late to the fintech party, but after leaving huge swaths of the population to get their financial services from telcos (most famously Safaricom’s M-Pesa in Kenya), banks here are increasingly seeing the continent as a testing ground for new …

Financial Services

Virtual currencies create pathways for people in emerging economies

Immense hype surrounds virtual currencies and distributed ledgers these days. Maybe this is inevitable if you combine an inscrutable, cutting-edge technology, its enigmatic origins, and a flow of $1 billion in venture funding thus far. But will these technologies create pathways for people in …

Fintech could be bigger than ATMs, PayPal, and Bitcoin combined

<i>This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here.</i><p>Fintech broke onto the scene as a disruptive force following the 2008 crisis, but the industry's influence on the …

Financial Services

Calculating The Long-Term Value Of A Bitcoin

<b>Editor’s note:</b> <i>Joshua Seims is an angel investor and entrepreneur based in San Francisco. He is currently building a company that provides secure storage of bitcoins. Follow him on Twitter @jseims.</i><p>A big question that’s debated in the Bitcoin community is “How much will Bitcoins be worth in the long …

Bitcoin Payments Could Quickly Become Competitive Wedge In Online Gaming

Have you ever wondered why new technology tends to be exploited in the adult entertainment and online gambling industries first? An ultra-competitive market environment and a willingness to try anything in the quest for traffic and profits has made these two industries technology’s early adopters. …

Bitcoin: Huge Hype Belies Low Awareness

Last week I had the good fortune to attend an event put on by VLAB at Stanford called Virtual Currencies: Gold Rush or Fools' Gold, The Rise of Bitcoin in a Digital Economy. This event explored the rise of the Bitcoin virtual currency. It also included a presentation by OpenCoin on their …

Bitcoin

For Bitcoin VCs, There’s No Sexier Word Than “Compliance”

There are few things that people agree on about bitcoin, the virtual currency that has increasingly come under the media spotlight this year. But …

Bitcoin Exchange

Should you trust Bitcoin? It depends what you think it's for

There is a future when the City of London <i>really</i> doesn't sleep:<p>Trading still stops on the Stock Exchange at five sharp, but the banker doesn't stop. He just switches kit. He checks his bespoke Bitcoin miner humming away on the corner of his desk. 0.6 coins mined this year, not bad. Then he opens up …

BitPesa Uses Bitcoin to Slash Kenyan Remittance Costs

BitPesa.co, a new global remittance company servicing Kenya's ever-expanding population, is planning to use bitcoin.<p>The company is targeting Kenya's …

World Bank

What Bitcoin's History Means For Its Future: Q&A With Nathaniel Popper, Author Of 'Digital Gold'

Many are describing Bitcoin as the Internet of money. But digital currency’s development is in such an early stage, it’s currently similar to the Internet in 1994.<p>The new technology’s short, turbulent history makes for a riveting book, “Digital Gold: Bitcoin and the Inside Story of the Misfits and …

New bitcoin technology can tell banks where coins come from with incredible accuracy

The company has created a sophisticated bit of software that it says can identify where a bitcoin has come from. That's a big deal for banks, which have a legal obligation to find out where the money they hold is coming from to ensure they're not holding proceeds of crime.<p>Bitcoin isn't untraceable …

Bitfinex says expects 'socialized loss' for $72 million bitcoin hack

HONG KONG (Reuters) - Hong Kong-based crypto-currency exchange Bitfinex, from which hackers stole about US$72 million worth of bitcoin this week, said on Friday that it expected to “socialize” the losses among bitcoin balances.<p>A Bitcoin (virtual currency) paper wallet with QR codes and a coin are …

Should You Put Your Bitcoin in...a Bank?

Hacks and the irreversible nature of transactions stand in the way of broader acceptance<p>As Bitfinex, the digital-currency exchange that suffered a hack this past week, struggles to reopen, a wider question is again being asked about bitcoin: Is it really a better mousetrap?<p>On Tuesday, cyberthieves …

Hacking

Banks pilot blockchain to simplify trade

Bank of America Merrill Lynch and HSBC have teamed up with the Infocomm Development Authority of Singapore (IDA) to test blockchain applications for global business-to-business (B2B) transactions, according to the International Business Times.<p>The firms have designed a proof of concept, using …

FinTech

Simple Cryptocurrency Portfolio Setup And Management Based On Risk Tolerance

<i>First</i>, if you believe that Bitcoin is a fraud, like Jamie Dimon, then you will not gain any value here. A fundamental assumption is that you are …

Dow plunges 317 points, now down for year

The best thing we can say about Thursday's stock market trading is that it is now over. The Dow fell 317 points, erasing all of its gains for the year.<p>The S&P 500 and Nasdaq fell sharply as well, each down about 2%. They gave back the all the gains they had made in July.<p>Heavy selling overseas, …