currency

  • Bitcoin breaks $3,000 to reach new all-time high

    Bitcoin breaks $3,000 to reach new all-time high

    Bitcoin has reached a record high valuation of $3,000 per coin to complete a rollercoaster week that begin with the long-awaited split of the cryptocurrency. A number of exchanges, including popular destinations Coinbase and Kraken, valued a single bitcoin at over $3,000, an all-time high that is up $485 on the valuation one month ago. Earlier this year, Bitcoin surged to surpass $2,000 for… Read More

  • From barter to blockchain: A history of money Crunch Network

    From barter to blockchain: A history of money

    The Big Bang brought the universe into existence 13.7 billion years ago. Life first appeared on our planet 3.8 billion years ago. Earth witnessed a hominid species, Home erectus, walking upright for the first time 1.9 million years ago. And, 7,000 years ago, money was invented. Read More

  • Business in the age of Ethereum Crunch Network

    Business in the age of Ethereum

    When Bitcoin burst onto the scene in 2009, it challenged preconceived notions about the limitations of transactions. Fast-forward 8 years, and another platform is dominating the headlines. Ethereum has built on Bitcoin’s potential and is driving a revolution in financial transactions. Ethereum is an open-source platform that facilitates the development of next-generation… Read More

  • Even the world’s largest bitcoin exchange couldn’t handle this week’s cryptocurrency boom

    Even the world’s largest bitcoin exchange couldn’t handle this week’s cryptocurrency boom

    For those operating a bitcoin exchange — where people can buy cryptocoins — you’d imagine that the current surge in value for bitcoin and others like Ethereum’s ether coin is a dream come true. The answer is yes and no. Read More

  • Naspers pours $5M into Coins, a fintech startup for Southeast Asia’s unbanked population

    Naspers pours $5M into Coins, a fintech startup for Southeast Asia’s unbanked population

    Prolific investment firm Naspers is making a push into bitcoin and financial services after it backed Philippines-based startup Coins.ph to the tune of $5 million. Coins is focused on offering financial services for the unbanked in the Philippines and Thailand. It uses the blockchain as its underlying technology to facilitate transfers and remittances. It announced the new funding —… Read More

  • Elk is a zero clutter currency converter app

    Elk is a zero clutter currency converter app

    There’s no shortage of currency converter apps for travelers to load onto their iPhones, but there’s also no shortage of badly designed currency converter apps — so the simplicity and speed of this nicely designed newcomer Elk stands out. Read More

  • The price of Bitcoin just hit an all-time high

    The price of Bitcoin just hit an all-time high

    Wow — Bitcoin just hit an all-time high. The digital currency is currently trading at around $1,186 — which is about $20 more than its previous all-time high of ~$1,165, which it hit in November 2013, at the height of Bitcoin-mania. Read More