Posts Tagged ‘bitcoinox’
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,…
Back to the Future: A History of Crypto
Introduction Surely, we know that in the earliest time goods, using to daily living, were considered money (e.g. cows and sheep). Then the progress of society brought the need to track money across large territories of land which resulted the appearing of paper and coin money, issued from the ruling governments. According to near past,…
Repetition is the Mother of Learning: Basic of Exchange
A crypto exchange is a place where customers can trade digital currencies for other assets. It is where buyers and sellers conduct their business. A seller of a Bitcoin or all any coin deposits funds with the exchanges address. He can then use his positive balance to sell his digital money for fiat currency. Similarly,…
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…
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…
Bitcoin’s (BTC) Hash Rate Scales Up To Hit New All-Time-High Of 74.5 Million TH/s
July, 2019 marked a new precedent for Bitcoin mining when the Bitcoin hash rate reached an all time high. July 3rd marked this special occasion when that hash rate jumped to more than 65 TH/s (terra hashes a second), the current all-time high record. Why is this such a momentous record? There are a few…
Ecosystem vs Egosystem: Which is more important?
Introduction The world today is a dynamic place that keeps on changing and evolving. Humanity constantly adapts to changes, sometimes unwittingly to utilize new solutions tailored to the realities at hand. In other words, we live in a world of constant disruption and this shapes our world dramatically. These changes also mean that at any…