BITCOINOX

Posts by Jacinta Ann

A Brief Overview of Cryptocurrency Lawsuits over the world

A Brief Overview of Cryptocurrency Lawsuits over the world

Over the last year, most of the legal system around the globe have been busy trying to develop rules and guidelines that will control operations within the blockchain sector. So, this is because, before the invention of blockchain technology, such laws do not exist. Hence, the world is keenly observing the outcome of recent court…

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Eleven Free Resources to Learn Bitcoin, Blockchain, and Cryptocurrency

Eleven Free Resources to Learn Bitcoin, Blockchain, and CryptoCurrency

The best thing about the digital technology industry is its constant evolution – developing new ideas and practical implementation. Although some people are fast learners, others require some set of consistent guidelines to catch up with the emerging industry. To achieve this, we have compiled 11 reliable resources where both the pro and the beginner…

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Biotokens: An advantage to the Australian Environment – Commonwealth Bank of Australia

Biotokens: An advantage to the Australian Environment – Commonwealth Bank of Australia

To begin with, the biggest bank in Australia, is making plans to launch a blockchain biotokens that will promote investment and sustainable development. Moreover, government at all levels, landowners, environmental agencies, and developers are all principal beneficiaries of this project. Commonwealth Bank’s “Biotokens” First of all, n the 21st of August 2019 the bank, through…

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White House Claims Cryptocurrencies are used to Purchase Illegal Drugs

White House Claims Cryptocurrencies are used to Purchase Illegal Drugs

White House has issued 2 memos to sternly warn the public that prohibited drugs such as fentanyl and other synthetic opioid are being purchased with crypto. The notices were sent to all financial institutions and digital payment companies to alert them of the development. And also to guide them to uncover such illicit transactions. So,…

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Ukraine Nuclear Plant Compromise: Crypto Miners under detention for Security Breach

Ukraine Nuclear Plant Compromise: Crypto Miners under detention for Security Breach

First of all, Ukraine security agents have arrested operators of the Yuzhnoukrainsk nuclear power plant for engaging in crypto mining activities. Also, this development was revealed on the 21st of August by Ukrainian news platform, UNIAN. According it, the crypto miners breached the nuclear facility security protocol by using the mining plant’s internet services. So,…

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Cryptojacking Code Uncovered in 11 Open Libraries with Thousands Infected

Cryptojacking Code Uncovered in 11 Open Libraries with Thousands Infected

Of course, we all know that cryptocurrency is very reliable and secure. However, unfortunately, this does not mean that it cannot be abducted. Also, as the crypto defense system grows, so do the skills and inventiveness of hackers. A few lines of code are enough, and cryptocurrency holders are already in a serious situation. Moreover,…

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New Zealand Has Ruled Bitcoin Transaction as Legal and Subjective to Tax

Finally, New Zealand government has legalized the acceptance of bitcoin and, also, provided a guideline for its taxation. So, the New Zealand Inland Revenue made this decision known through its monthly bulletin of July by giving a summary of the part of the constitution backing these decision (S. 91D of the Tax Administration Act of…

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Indian Famous Telecom Company Jio Provides 330 Million Consumers with Blockchain Network

Famous indian company Jio has promised to erect what will be known as the world’s biggest blockchain network in India. Jio Chairman: Blockchain Network to be active from the First Day While giving his speech during the company’s 42nd AGM in August, Shri Mukesh, Jio Chairman, said blockchain technology is one of the three tiers…

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Volvo is adopting Blockchain to monitor and control conflict-free Cobalt

Volvo is adopting Blockchain to monitor and control conflict-free Cobalt

The Chinese-owned automobile brand Volvo has launched electric cars that will add blockchain technology to monitor and control conflict-free Cobalt Blockchain implored to tackle Cases of child labor According to recent reports, Volvo has not only indicated interest but have moved to partake in the project that will carefully observe cobalt supply from the Democratic…

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The Use of Blochchain Platform for Supplier Data Management to Take-Off The IBM

IBM, in partnership with Chainyard, a blockchain firm, has invented a blockchain-based platform for the control of supply chain management. IBM made this announcement in its press report, which was shared with us on the 5th of August. The platform is named “Trust Your Supplier.” made this announcement in its press report, which was shared…

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