Scotland’s University of Strathclyde has announced the launching of its new FinTech masters course, making it a first in the U.K. in an announcement on the university’s website. The Master of Science (MSc) in Financial Technology will provide students the financial, programming and analytical skills needed to help companies accelerate and enhance their security. It is hoped that this new course will support the digital transformation of Scotland’s growing financial sector. Boost in Scottish Jobs An economic modelling study found last year that Scotland could lose more than 14,000 jobs in its financial sector over the next ten years if it fails to embrace the FinTech wave. In a bid to retain those jobs within Scotland the launch of the new intensive 12-month…
The last 12 months have solidified bitcoin’s crucial role in the global economy. Investors and traders have relied on the digital currency to protect their wealth and avoid economic and financial crisis resulting from excessive government monopoly over current monetary systems. Indian government’s decision to demonetize 500 and 1,000 rupee banknotes led to one of the worst economic disasters in recent history, essentially halving the economy’s cash circulation and causing a nationwide financial turmoil. China’s imposition of heavy regulations and impractical policies on cash outflow to prevent the devaluation of the Chinese yuan also pushed the demand for bitcoin further, as investors sought out for assets and stores of value that can be used to bring money…
We’ve come to the end of the week for our daily bitcoin price analysis, and it has been quite an interesting one, to say the least. After the initial sharp run we saw last Sunday (which came on the back of a previous run seen throughout the holiday period) and the follow-through heading into the middle of the week, price seemed to have had enough, and took a nose dive. The bitcoin price broke support at 1200, 1100, then 1000 – levels we had smashed through just days earlier, and fell to find what amounts to (albeit weak) support around current levels. What happens from here on out is anyone’s guess. If this author was to have a go at a near term forecast, I reckon current levels will serve to hold as support, and then we’ll see a run back up to test…
Following a meeting between the People’s Bank of China and representatives of BTC China, OKCoin and Huobi, which in combination account for some 90% of bitcoin trading volumes, BTCC has e-mailed CCN an official statement in reply to our request for comments: “BTCC regularly meets with the People’s Bank of China and we work closely with them to ensure that we are operating in accordance with the laws and regulations of China. As the longest running exchange in the world, we have always adhered to strict AML/KYC policies and continue to be compliant with all current regulations in China. The press release put forth from the PBOC today outlines that there is significant volatility in bitcoin trading, and also quoted from a notice released in 2013 saying that…
At Dragons.tl, win bitcoin rewards even when taking a break to relax! The popular MMORPG casino platform rewards its players with bitcoins even to just sit on a nearby bench or to light up a smoke. So every time a player buys a cigar from humidor in Dragons.tl, they get the chance to earn rewards out of the cigar smoke. Whenever a player decides to celebrate a win with cigars, they further get a chance to win more. And it is not just the player with the cigar but also the people standing around that benefit from the cigar smoke. The people around a player smoking a cigar can make money by simply taking the ‘whiffs’ of the cigar smoke. This option to passively earn money is really interesting. What makes the game even more fun is that the amount of money one earns…
Coinbase CEO Brian Armstrong is the latest cryptocurrency industry figure to lend support to Segregated Witness, hereinafter SegWit, technology as Bitcoin’s future. In a tweet Thursday, Armstrong stated he thought the technology, which has traditionally struggled to find wider community support, can “help the industry move forward.” From learning more about SegWit I think we should activate it. It’s prob the best path forward for bitcoin at this point. https://t.co/oNLSYcf3vn — Brian Armstrong (@brian_armstrong) January 6, 2017 Litecoin on board The comments were made in response to a similar call from Litecoin creator Charlie Lee. Lee described SegWit as “maybe not the full scaling solution you want” but nonetheless doing…