Entries by Caroline Wylie

Pennies to Pounds

In case you are a hermit (and even hermits have mobile phones a la Sue Perkins) and haven’t heard, Bitcoin is closing in on $20,000 or around £14,600. If you’ve been actually following what’s going on, you may have come across a strange phenomenon. If you put in a very low transaction fee to send […]

UK Treasury to regulate crypto currencies

We’ve been saying it for months, and now you know what we said was true. The United Kingdom Treasury has announced plans to regulate the trading and transfer of cryptocurrencies with a view to cracking down on money laundering and tax evasion. The regulations have not yet been specifically stipulated, but will certainly include anti-money […]

SCOTCOIN COMPLETES £80,000 FUNDING ROUND

The Scotcoin Project CIC (“Scotcoin”) announces it has raised £80,000 in its latest funding round. The funds will be used to increase awareness of the Scotcoin crypto currency and promote its usage as both a store of value and as an emerging means of acquiring goods and services, online and instore. Further announcements are expected […]

Jamie Dimon’s company changes its mind

J.P. Morgan is considering whether to provide its clients access to CME’s new Bitcoin product through its futures-brokerage unit. Oh Jamie… The irony of the announcement, of course, is that Jamie Dimon has been the most outspoken critic of Bitcoin on Wall Street, calling it a ‘fraud’ and saying that anyone who invests in Bitcoin […]

Bitcoin versus Scotcoin

I’ve been busy recently with all the work going on in respect of our new private blockchain. Bitcoin of course has continued to rise (and may I say, I told you so every time it “crashed” it was going back up). But the rise in Bitcoin has had a profound effect which is now changing […]

Scotcoin moves to private blockchain

PRESS RELEASE: 23 October 2017 – SCOTCOIN TO MIGRATE TO ITS OWN PRIVATE BLOCKCHAIN The Scotcoin Project is pleased to announce that it has awarded the contract to manage the migration from the Counterparty blockchain to its own private blockchain to Scotesq, a fintech company based in Edinburgh, Scotland. The new blockchain will remove intermediate […]

Whither Scotcoin

Cryptocurrency a scam? There have been quite a few gyrations in the Bitcoin market especially since China put the mockers on ICOs. This was then followed by Jamie Dimon – he of JPMorgan fame – saying Bitcoin was a scam. Yet today, one of the doyens of the London Gold market  – Sharps Pixley – […]

The Scotcoin Pizza… Mark this date!

At our MeetUp in Dundee last night, intrepid blockchain enthusiasts joined our cryptocurrency development team for a momentous occasion.  We now have 250 regular guests at these events and we discuss all manner of things blockchain, Q&A for newbies, and it’s a chance to meet the team behind the Scotcoin Project and find out more […]

China and the Bitcoin stumble

If you’ve been following crypto currencies, you couldn’t help but notice a 20% slide in the Bitcoin dollar price. With the way these things work, that means the whole crypto market is down by a similar amount. Bitcoin is a bit like Rocky Marciano at the moment – groggy and not doing too well, then […]

Scotland’s First House Purchase with Scotcoin!

A residential apartment in Glasgow has been sold for 10 million Scotcoin. It is believed to be the first time a property in Scotland has changed ownership using a crypto currency to settle the transaction. At the current exchange rate for Scotcoin it is the equivalent price of 60,000 GBP which will be the price […]