• One of bitcoin's biggest problems is showing signs of getting better

    3 monthes ago - By Business Insider

    Deutsche Bank examined whether bitcoin's scaling problem is improving in a note out to clients this week.
    Fees to transfer the coin have fallen even as the cryptocurrency price climbs back from lows set earlier this month.
    "Is bitcoin getting better?"
    That's a question research analysts at Deutsche Bank examined in a short note sent out to clients Wednesday.
    Analysts Paul Condra and Mrinalini Bhutoria examined how bitcoin's scaling problem might be improving despite a slight uptick in the coin's price.
    Bitcoin, which was designed as a cheap, transparent payment network to rival old guard...
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  • Bank of America is worried about the threat of cryptocurrency to its business

    Bank of America is worried about the threat of cryptocurrency to its business

    3 monthes ago - By CNBC

    Cryptocurrencies pose a competitive threat to Bank of America's business, the company said in an SEC filing Thursday.
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  • Bank of America just showed how terrified Wall Street is of cryptocurrencies

    Bank of America just showed how terrified Wall Street is of cryptocurrencies

    4 monthes ago - By Business Insider

    Bank of America mentioned cryptocurrencies in a regulatory risk filing for the first time late Thursday.
    The firm warned that cryptocurrencies could undermine many of its services, and that customers might go elsewhere if the firm fails to adapt.
    Bank of America has warned that cryptocurrencies could potentially undermine its entire business, the firm said Friday.
    In a lengthy, 13,000-word regulatory filing late Thursday , the US' third-largest bank by assets mentioned cryptocurrencies three times in the document's risk factors section.
    "The widespread adoption of new technologies...
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