Bitcoin rival ethereum can make Russia global hub for blockchain technology


Russia can become a world leader in blockchain, a technology that could revolutionize the financial sector. RT interviewed ethereum founder Vitalik Buterin and the currency’s representative in Russia Vladislav Martynov. World leadership could be achieved with the assistance of ethereum, a decentralized computing platform, and its limitless applications, according to Buterin. Ethereum has become such…

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Alternative cryptocurrency ‘ethereum’ looks to topple bitcoin

Despite a seven-fold difference in price, the market capitalization of a virtual currency called ‘ethereum’ is rapidly approaching that of bitcoin. According to a chart presented by CoinMarketCap, bitcoin currently accounts for nearly 39 percent of the combined market capitalization for all cryptocurrencies, though that figure is down sharply from late February’s 87 percent. Read…

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Cryptocurrency exchanges shut down amid heavy trading, rollercoaster Bitcoin

The Bitcoin market hit record highs over the weekend before dropping further than it has in years. Several exchanges for the cryptocurrency suffered outages during the fluctuation, leaving customers unable to buy or sell for hours. Coinbase, one of the most popular ways to buy and sell popular cryptocurrencies such as Bitcoin, ethereum and litecoin…

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Bitcoin use to expand in near future – ex-Russian Finance Minister

The use of Bitcoin will expand in the coming years, former Russian Finance Minister Aleksey Kudrin told RT at the St. Petersburg International Economic Forum (SPIEF). Kudrin warned of online crime and lack of regulation concerning the cryptocurrency. Bitcoin has been surging in popularity as a digital payment system that allows users anywhere in the…

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