Although other alternative currencies have tried to gain traction as Bitcoin struggles with internal divisions, none have succeeded in doing so — until now. A rival virtual currency, Ethereum, has gained the interest of a wide range of finance and technology behemoths, including JPMorgan, Chase, Microsoft and IBM. As a result, its value has shot up 1,000 percent over the last three months. Built on a blockchain in which every transaction is publicly recorded as is Bitcoin, Ethereum promises to do more. Continue reading Bitcoin Rival Ethereum Offers Online Markets, Smart Contracts

One of France’s largest banks, Group BPCE, is teaming up with Twitter to let their customers transfer money to friends or charities via tweets. Payments will be managed by the bank’s S-Money service that allows transfers via text messages and uses credit-card security standards. Twitter users can also now listen to select iTunes and SoundCloud tracks via a new audio feature launched last week. Users can listen to music while reading tweets, and even buy tracks directly from the iTunes store. Continue reading Twitter Launches Money Transfers and Access to Music Tracks