News
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,…
New Status of Bitcoin in Britain
As we know the question of a bitcoin`s status is very relevant and topical. There are different reasons of it: from taxes to management. The same way it happened in Britain and the government had so pure and loyal relations. That`s why it`s not unexpected that they have recognized digital currencies as property. Bitcoin gets its…
A Code of Practice by The Association of Cryptocurrency Enterprises and Startups
Despite the goal of Bitcoin to decentralize the global banking system, the banks have scored another win. The Association of Cryptocurrency Enterprises and Startups (ACCESS) has created a Code of Practice in partnership with the law firm Linklaters, a multinational entity. A report Per a report released on August 19th, The Association of Cryptocurrency Enterprises…
New “Wallstreet” Of Crypto: London Is Pulling Ahead
London could soon be a haven for crypto and cryptocurrencies throughout the world as it prepares to become the new “Wallstreet” for digital currencies. The Financial Conduct Authority (FCA) recently updated its guidelines on cryptocurrencies. They also planning on hosting consultations on crypto regulation towards the end of this year. London needs for change in…
BiTA IS Increasing: A Partnership with EPAM Systems Inc.
Blockchain technologies scores another win as engineering firm EPAM Systems Inc joins the Blockchain in Transport Alliance (BiTA) group. It means the BiTA developes blockchain standards in the transportation, logistics, and supply chain industry. BiTA very much acts like an IEEE standards body but focuses on blockchain for specific business segments. Jitin Agarwal about it…
Typing of Cryptocurrency Wallets
A cryptocurrency wallet is a software which stores data regarding crypto on a hard drive of a PC (or another device) or connects to an internet service where the currency is stored. To perform a transaction the software connects to blockchain which serves as a ledger and stores records on movements of each coin, the…
Blockchain In New Areas — “Bitcoin, Blockchain, And the Energy Sector”
To begin with, the US Congressional Research Service released a report on August 9th, titled “Bitcoin, Blockchain, and the Energy Sector”, detail the potential advantages and disadvantages of deploying a blockchain-based ledger system to control the transactions and sales of energy. That report has stated that while there may be a lot of advantages to…
Blockchain In A Wine Industry
Blockchain technology has entered into the wine and spirits trading industry. WiV technologies recently hired EY auditing firm to help provide blockchain technology as it continues to develop its services. Wine and spirits trading have become a serious source of trade in goods. It’s only rivaled by the stock market. WiV technologies help to improve…
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…
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…