Bitcoin ransomware has been plaguing various companies and institutions for quite some time now. Up until this point, most traditional financial institutions were spared from ransomware attacks but that situation has come to change. Three Greek banks are being targeted by Bitcoin ransomware, and the hackers are requesting a total sum of €21m to decrypt the files.
As much as digital currency enthusiasts would like to steer away from the banking system as we know it today, collaboration between both worlds will be quite important for the foreseeable future. Even Santander’s, Mariana Belinsky, seems to think along those lines. Any innovation in the Fintech industry will need some form of support by traditional financial institutions and Bitcoin – or Ripple, in this case – are no exception.
With the evolution of the payment landscape and constant change these days the main question is what kind of solutions can we use in every single store. According to Walmart executive Mike Cook, it will not be a payment method support by NFC, nor will it be Google Wallet. This announcement narrows down the field and leaves Bitcoin as one of the possible options.
It is not often we can take the time to educate people on some of the core Bitcoin terminologies, but some misconceptions need to be addressed sooner rather than later. The recent issues affecting the Blockchain.info wallet and website are causing many people to believe there is something wrong with the Bitcoin blockchain, although they are two different matters entirely.
The combination of Bitcoin and regulation is not a happy marriage so far, but that doesn’t mean things are not going to improve sooner or later. Ever since BitLicense was released in the state of New York, many companies decided to abandon that local market. But Bitcoin Sportsbook mBit Casino is seeing a major increase in the number of bets ever since the NY Attorney General announced restrictions.
Generating a passive revenue stream with digital currency is something most people can only dream of these days. Openledger, the recently launched decentralized exchange, is planning to provide exactly that type of functionality. Danish Bitcoin and cryptocurrency exchange CCEDK is launching a new currency that offers holders a share in both current and future revenue streams.
Ever since banks and other financial institutions around the world have started to show an interest in blockchain technology, the Bitcoin community has been speculating on what projects might entail from this interest. In the case of Lloyd’s, one of London Market’s key players, there seems to be a keen interest in using blockchain technology to revolutionize insurance markets as we know them.
Insurance Sector is Ripe For The Picking
The financial sector has seen little to no innovation over the past fifty years, and the lack of thinking ahead is clearly showing as of late. In fact, hardly anyone can make sense of the financial system we use today, not even the people who are actively working in the sector on a daily basis.
Many people around the world would like nothing more than to keep an eye on the Bitcoin price at any time of any day. However, that is not always possible, as people need to work and sleep as well, every now and then. Real Coin Tickers has come up with a creative solution to solve this problem, with their recently launched Tixie, a physical Bitcoin price ticker.
It is no secret how there seems to be a major opportunity for digital currency to gain mainstream adoption in the iGaming world. Even though Bitcoin adoption is still fairly slow when looking at things on a global wallet, companies like Cubits are working hard to pave the way. Thanks to this convenient wallet service, iGaming operators from all over the world can accept Bitcoin payments without too much hassle.
As we celebrate Black Friday today, various companies in the world of Bitcoin and digital currency are offering some special discounts for a limited time. Both popular trading card game Spells of Genesis, as well as Bitcoin debit card provider E-Coin, have special offers for customers all over the world.
Spells of Genesis Black Friday Sales
Black Friday is all about snagging up some interesting discounts on goods or services people are interested in. In the case of Spells of Genesis, which is a blockchain-based trading card game, there will be several in-game store discounts of up to 20%. Several in-game blockchain-based cards will be made available at a discount.