M&T Weekly News Update


Storj Network Launches New Test Phase

6:30pm May 20th, 2015 by
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Storj is an open source project aiming to offer a completely decentralized, secure, and efficient cloud storage service that also serves as a peer-to-peer payment system like Bitcoin. Storj allows users to rent out their unused space to other participants. The network uses StorjcoinX (SJCX), as the currency for driving the network. In an effort to ensure a good performance, the Storj team has started a test phase for their […]

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Want to Diversify Your Portfolio With Bitcoin? Well, Now You Can!

6:24pm May 20th, 2015 by
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Investments in Bitcoin, as an asset class, have been going downhill because of the unnatural volatility, thereby leading to a further drop in the price. In 2014, even with investments in the underlying technology soaring to all-time record levels, Bitcoin bagged the “worst performing currency of the year” with a sharp 80 percent decline in value. Bitcoin has till date, utterly failed in reversing those losses and continues to trade […]

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Bitcoin Lending Platform Bitbond Rakes in 600K Euro Investment

5:16pm May 20th, 2015 by
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  Global Bitcoin P2P lending platform Bitbond has raised 600,000 euros in second tranche of angel funding. The platform’s total funding for the round has now reached 800,000 euros. The prominent angel investors this time included Florian Heinemann and Uwe Horstmann (Project A), Christian Vollmann (early investor in ResearchGate), and Felix Jahn (co-founder of Home24). Bitbond will utilize the funding to expand its customer base and make a highly pronounced […]

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TransferWise CEO: “Bitcoin is a Friend”

4:11pm May 20th, 2015 by
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  Back in 2013, TransferWise had stopped processing transfers to Bitcoin exchanges. The money transfer service however was extremely apologetic, and simply blamed their banks for making them take such a “heart-breaking” decision, saying: “The banks – just like everyone else in the sector – are nervous because they don’t know what to think of Bitcoin. The regulators and politicians’ silence on the topic leaves us all in the dark.” […]

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Mastercard Bitcoin Debit Card Now Available

4:07pm May 20th, 2015 by
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  A cryptocurrency exchange in Europe announced the launch of a Mastercard bitcoin debit card, which is in compliance with the region’s financial regulators. Danish exchange CCEDK said that the Bitcoin Debit NanoCard MasterCard will enable withdrawals from their multi cryptocurrency exchange to ATMs and MasterCard-enabled merchants worldwide. Other bitcoin debit cards have already been available in the past but CCEDK says that this particular one is different from the rest […]

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