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Bitcoin Bursary in Bulgarian University

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Bitcoin’s ascension  into the mainstream financial world has done wonders for its value, but its spiritual home still resides in the minds of IT aficionados. Walk into any development studio and you are bound to find IT staff musing over Blockchain, Bitcoin and all things cryptocurrency related. With that in mind, Varna University of Management in Bulgaria will become one of the first tertiary education institutions to offer bursaries in Bitcoin. In 2018, ten software engineering students will be awarded scholarships in Bitcoin - to the value of €1000 per semester. The University will also give their candidates the option of taking the scholarship in either euros or Bitcoin. While the lucky candidates will land themselves a share of the valuable virtual currency, the University is also working on plans to accept Bitcoin as a payment method for tuition fees. Prospective software engineering students can also look forward to new modules in cryptocurrency and Blockcha...

South Korea Pushes Ripple Price Up 71%, as Japanese Banks Conduct Payment Trials

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The South Korean cryptocurrency market has pushed the Ripple price up 71 percent over the past 24 hours, triggered by the Ripple blockchain-based payment trial conducted by Japanese and South Korean banks. South Korea Accounts For 50 Percent of Ripple Trades Bithumb, Korbit, and Coinone, three of the largest cryptocurrency exchanges in the South Korean cryptocurrency market, currently account for more than 50 percent of global Ripple trades. Over the past 24 hours, the three trading platforms have processed over $1.7 billion worth of trades, surpassing the combined daily trading volume of Bittrex, Poloniex, Bitfinex, Bitstamp, Binance, and Kraken. In South Korea, investors tend to move rapidly through word of mouth. Once several people are invested, everyone else rushes to invest in that particular asset, as Korbit co-founder and CEO Tony Lyu emphasized several times. When a leading cryptocurrency like Ripple begins to surge in value within the South Korean market, by 10 to...