Bitcoin's Biggest Startups Are Backing a New Effort to Keep Fees Low

2017 was a wake-up call for bitcoin supporters to say the least. With so many people using the software amid a price boom, the fees for sending transactions swelled higher than ever before, even rising to as much as an average of $26 for a single transaction. It was a...

Police Force Confiscates 295 Bitcoins from Criminal in UK First

A British county police force has become the first in the country to seize and exchange bitcoins discovered during a criminal investigation. According to a report from the Financial Times yesterday, the Surrey police force obtained 295 bitcoins last October after...

Financial Exchange Patent Explores Tamper-Proof Blockchain Bidding

A state-backed financial asset exchange in China's Chongqing city is turning to blockchain to make online auctions tamper-proof and transparent. According to a patent application filed in December and revealed on Friday by the China State Intellectual Property Office,...
Banking on Mobile Technology

Banking on Mobile Technology

Every day, people turn to technology to replace the traditional banking experience. In fact, 50% of all adults will use a mobile device to access financial services by 2021.However, banks aren’t exactly optimistic about this change. Since 2012, several major US banks...

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