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A little-known digital currency surges 70% after teaming up with firms like Microsoft A digital currency has added more than $3 billion to its market value after the firm behind it said it was teaming up with a number of big tech firms, including Microsoft and Samsung on a "data marketplace." Called IOTA, the cryptocurrency saw a spike on Sunday evening, rallying just over 70 percent in ...
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Venezuela's Petro cryptocurrency tipped as way out of economic crisis Venezuelan President Nicolas Maduro has revealed a new cryptocurrency which has been created in an attempt to lessen the country's current economic nightmare. On Sunday, as reported by the BBC, the president unveiled "Petro," a new kind of cryptocurrency which would be supported by the ...
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Helvetic launches cryptocurrency fund Helvetic Investments has launched a regulated, open-ended cryptocurrency fund, the Cryptocurrency Balanced Large Cap Fund SP, which it says is the first Asian institutional grade, diversified, crypto investment fund. The fund will provide family offices, accredited and institutional investors access to an ...
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Scotland Yard warns criminals could be exploiting cryptocurrency ATMs to launder cash It is believed there are 91 cryptocurrency ATMs across the UK, the Met said. The force said they are aware of the introduction of these ATMs – common in convenience stores and newsagents – which could be used by criminals to launder the proceeds of crime. The machines allow cash to be moved ...
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Cryptocurrency Market Capitalisations Soar Another week, another rollercoaster ride in the cryptocurrency world. Bitcoin is on the verge of an enormous $200bn market capitalisation and is currently trading at around $11,800 apiece. After breaking through the $10,000 barrier at the start of last week, bitcoin crashed as low as $9,000 before soaring ...
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