virtual currency

Virtual currency, or virtual money, is a type of unregulated digital currency, which is issued and usually controlled by its developers and used and accepted among the members of a specific virtual community.

Source: en.wikipedia.org

DBS Bank CIO Calls Bitcoin A ‘Ponzi Scheme’

DBS Bank CIO Calls Bitcoin A ‘Ponzi Scheme’
DBS Bank CIO Calls Bitcoin A ‘Ponzi Scheme’
November 15, 2017  |  Bitcoin

The chief information officer of one of Asia’s largest banks, DBS, has made his bank’s official position on bitcoin known, bluntly. Get the Full Story...

READ MORE >
ESMA Joins List Of Regulators Warning About ICOs
ESMA Joins List Of Regulators Warning About ICOs
November 14, 2017  |  Investments

The European Securities and Markets Authority (ESMA) warned investors about the risks of initial coin offerings (ICOs) in a statement on Monday (Nov. 13) and...

READ MORE >
CIOs Not Sold On The Blockchain
CIOs Not Sold On The Blockchain
November 02, 2017  |  Blockchain

Despite a heavy round of hype — for most financial services CIOs, the blockchain is not all that big or pressing a priority, according to Gartner’s...

READ MORE >
Following The ICO Wave, SEC Is Warning Celebrities Away From Virtual Coins
Following The ICO Wave, SEC Is Warning Celebrities Away From Virtual Coins
November 02, 2017  |  Blockchain

Looks like the Securities and Exchange Commission (SEC) has had enough of the sudden run of celebrity-backed independent coin offerings, or ICOs.  As of yesterday,...

READ MORE >
Goldman Sachs Prefers Gold Over Bitcoin
Goldman Sachs Prefers Gold Over Bitcoin
October 27, 2017  |  Bitcoin

Goldman Sachs said that when it comes to being assessed on the majority of the key characteristics of money, there’s no competition — gold wins...

READ MORE >
How Hackers Compromise Computers To Mine Bitcoin
How Hackers Compromise Computers To Mine Bitcoin
October 27, 2017  |  Bitcoin

Hackers are using virus-infected consumer computers to generate bitcoin, according to news from The Wall Street Journal. Unknowing users may be having their processing power commandeered...

READ MORE >
Breitmans On Tezos Coin Dispute: ‘It Stinks’
Breitmans On Tezos Coin Dispute: ‘It Stinks’
October 26, 2017  |  Digital Payments

One of the largest initial coin offerings (ICOs) ever is in danger of falling apart over a board dispute, according to news from Reuters. On Tuesday,...

READ MORE >
JPMorgan’s Dimon Sounds Off (Again) About Bitcoin
JPMorgan’s Dimon Sounds Off (Again) About Bitcoin
October 16, 2017  |  Bitcoin

JPMorgan’s CEO Jamie Dimon is at it again – he’s slamming bitcoin, the popular digital currency, just weeks after receiving flack for calling it a...

READ MORE >