Facebook faces opposition from US lawmakers over Libra cryptocurrency amid privacy concerns Facebook finally on Tuesday unveiled its ambitious cryptocurrency project called “Libra” and its wallet called “Calibra” that it had been working on for more than a year. The Mark Zuckerberg-led company, which is hoping to begin the project […]
Categories Cryptocurrency
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Libra: Facebook’s own cryptocurrency aims to empower billions of users to make financial transactions Facebook on Tuesday took a plunge into the world of cryptocurrencies by unveiling its own digital money called ‘Libra’ that can be used by billions of people using its apps and social network. The social media […]
India proposes a draft bill suggesting 10-year prison term for holding or dealing in cryptocurrency If you are involved in holding, selling or dealing in cryptocurrencies such as Bitcoin and Ethereum in India, then you may want to think twice, as you could land yourself in jail for 10 years for doing […]
Bitcoin breaches the $8,900 mark for the first time in 2019 Bitcoin (BTC), the most popular digital asset in the market, for the first time in 2019 reached a new high of above $8,900 on Sunday before retracting slightly, according to CoinDesk’s price data. The last time Bitcoin peaked that […]
By all accounts, 2018 was a rough year for the cryptocurrency markets. Bitcoin, for example, fell from $20,000 to just under $3,000—a massive loss. And other coins followed suit, many losing more than 90% of their value from the all-time high. This blood-letting drove investors out of the marketplace, resulting […]
Introduction When Bitcoin debuted in 2009 after the global financial meltdown; many people made bold predictions about it being the future of money. The underlying Blockchain technology that powered Bitcoin started getting attention after Ethereum debuted in 2013. It wasn’t long before tech enthusiasts were forecasting a decentralized world powered […]
It all happened 10 years ago when someone by the name of Satoshi Nakamoto has posted on the p2pfoundation blog the concept of a decentralized virtual currency, that changed the world of finance forever. This mysterious person was articulating the truth about the current banking system and the serious flaws […]
Eight Malicious Crypto-Mining Apps Removed From Microsoft’s Windows App Store Microsoft has removed eight applications from its Windows App Store that were mining Monero crypto-currency without the knowledge of users. The illicit eight crypto-jacking Windows 10 applications were discovered by the cybersecurity company, Symantec in the month of January this […]
BitTorrent releases TRON-based cryptocurrency to fund faster downloads BitTorrent Inc., the giant peer-to-peer file sharing platform, will be launching its own cryptocurrency token called BitTorrent (BTT) based on the TRON protocol to pay for faster downloads. BTT will be exclusively available to non-U.S accounts on Binance Launchpad, the token sale platform for cryptocurrency […]
Bitcoin price falls below $4,000 Bitcoin (BTC), the number 1 ranked cryptocurrency, hit a 14-month fresh low over the weekend when its price sunk under $4,000, according to CoinDesk. The last time when Bitcoin price fell below $4,000 was in September 2017. Other cryptocurrency tokens like ether and Litecoin too suffered […]