money

Why Ethereum crashed this week ($ETH)

Why Ethereum crashed this week ($ETH)

The cryptocoin system known as Ethereum crashed in the middle of the day yesterday due to a single mega-massive trade. While the ticker showed a relatively significant drop in price throughout the day, it was at 12:30PM (on the 21st of June) that a single order kicked the entirety of the Ethereum universe in the pants. Not on all exchanges - not all at once - but the shockwaves were swift and merciless.

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Send money from PayPal to your bank account almost instantly

Send money from PayPal to your bank account almost instantly

PayPal has always tried to make it easier to move money around without actually moving money around. But, despite those conveniences, there are still some processes that are either too involved, impossible, or simply take too long. For example, getting your own money from PayPal into your bank account can take a whole day, which is almost unreasonable when you think about it. Soon however, those in the US will be able to enjoy near instant gratification when they transfer money from PayPal to their bank accounts.

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Why is $POT so high? PotCoin, North Korea, Dennis Rodman

Why is $POT so high? PotCoin, North Korea, Dennis Rodman

Over the past 24 hours, the cryptocurrency known as PotCoin, or $POT, has risen over 81-percent. That's nuts - and it doesn't just happen because a lot of investors suddenly happened upon the little-known coin. The reason PotCoin is suddenly cashing in in a big way has very little to do with its first sponsorship of an American peace-brokering mission with a foreign entity. PotCoin just sent Dennis Rodman to North Korea.

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Why DigiByte’s price is soaring: $DGB, Minecraft, Memes, and Citibank

Why DigiByte’s price is soaring: $DGB, Minecraft, Memes, and Citibank

This morning it became apparent that the cryptocoin called DigiByte ($DGB) was set to skyrocket in price. In the past 24 hours, the price of the coin went up a cool 43%, and beat its own previous top price (from May 21st) - once, and hasn't looked back since. But why - why has DigiByte suddenly turned into the third most traded coin on the market overnight? We've got a few answers.

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This Twitch streamer wants you to play the stock market with his money

This Twitch streamer wants you to play the stock market with his money

Remember the glory days of TwitchPlaysPokemon? Twitch chat was working toward a common goal - beating Pokemon Red and Blue using only chat commands - and for that initial run, it was an incredible sight to see. Now, one Twitch streamer is giving us an evolution of the TwitchPlaysPokemon idea, but there's more at stake than just beating a video game this time around.

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Bitcoin price on the rise, 1-day value drops return

Bitcoin price on the rise, 1-day value drops return

While Friday is generally a profit taking sort of day for stock markets around the world, Bitcoin seems to be moving in the opposite direction. This adds up, of course, since here in the warmer months of 2017, many traders in the cryptocurrency make use of Bitcoin as their trading currency, choosing to value their quick-trade coins in the slightly more reliable value of the most famous of them all. Bitcoin rose a wild 9.8% in early morning trading to around $2,550 a coin.

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Plastc burns backers for $9m as smart credit card is declined

Plastc burns backers for $9m as smart credit card is declined

Three years ago the folks at Plastc came together to make a smart credit card - now that dream is over. A note sent to potential users, investors, and everyone in-between, was sent out this week. This note spoke about how not only would Plastc not be dolling out smart credit cards, they'd be filing for Chapter 7 Bankruptcy as well. This means that the money is gone, and the party is over.

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MasterCard now has a fingerprint-protected card

MasterCard now has a fingerprint-protected card

Fingerprint sensors are now everywhere. Once the stuff of science fiction and spy movies, the biometric system now unlocks smartphones, laptops, and credit cards. Yes, credit cards. That is, if MasterCard’s pilot test is successful. The financial services giant has just announced that it has kicked off test in South Africa for a “next generation” card that combines the usual chips you find in cards today with a biometric sensor that promises more secure transactions and less opportunities for fraud.

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Gmail update allows requesting and sending money

Gmail update allows requesting and sending money

The folks responsible for developing Gmail have teamed up with the folks behind Google Wallet to put money in email. Transferring money from one person to the other takes place within the Gmail app or in Gmail on the web. Users can send money or claim money. The best bit about this update is the lack of need for a separate app from the receiving end of the transaction.

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Bitcoin is now worth more than an ounce of gold

Bitcoin is now worth more than an ounce of gold

A single Bitcoin is currently worth more than an ounce of gold, marking a new milestone for the cryptocurrency. The move follows a steady rise in Bitcoin value, a trend that itself ended the cryptocurrency's long-running streak of low value throughout 2015 and part of 2016. At the moment, an ounce of gold is worth just under $1,238 and a single Bitcoin is worth just a tad over $1,238.

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Razer zGold and zSilver detailed: Virtual Currency for gear and games

Razer zGold and zSilver detailed: Virtual Currency for gear and games

The folks at Razer have introduced zVault, a virtual currency system that can be used to buy gear and earn games. Fans of Razer can pay real cash to get zGold - or earn zGold for verifying their Razer account with zVault. Once they've earned or purchased an amount of zGold, they can head to gaming stores such as the unfortunately titled GamersGate to trade zGold for goods.

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Google Wallet on the web now lets you send, receive money

Google Wallet on the web now lets you send, receive money

‘Tis the season for giving. Or so they say. Sometimes, however, it’s also the season for giving back. Yes, we’re talking about that money you owe your best bud from your last Starbucks. OK, so maybe that’s not the only reason you need to send someone money or even, gasp, ask for money, but whatever the reason, Google is making it a lot easier to do just that. The new Google Wallet web experience isn’t just snazzier, it also lets you send and request payments right then and there on your browser, no apps needed.

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