Cryptocurrency is a digital currency that uses a type of encryption algorithm for carrying out processes like conducting transactions and generating coins. It does not have any physical representation and is not regulated by any financial or government body. The full transaction is conducted online. Bitcoin is the 1st currency that was developed way back
Deutsche Bank has been ordered to pay $150 million by the New York state financial regulators. This follows the unearthing of “significant compliance failures” by the Bank in having a customer-bank relationship with Jeffery Epstein, the alleged child sex trafficker. The regulators have indicted the Bank for providing banking services to Epstein despite knowing about
Japan’s Government Pension Investment Fund (GPIF) has posted a record quarterly loss of 17.71 trillion yen ($164.74 billion) in the first quarter of 2020 as COVID-19 hit stock markets. The damage is equivalent to the Bitcoin’s entire market capitalization. The GPIF decreased by almost 11% to 150.63 trillion yen ($1.4 trillion) in assets. The world’s largest
An Overview The recent news in the world of Bitcoin is creating a sensation. Bitcoin has exposed loads of data on personal accounts. However, this horrible data leakage affected thousands of people by this sudden data breaching. Nevertheless, experts in BTC (Bitcoin) groups reclaiming it to be a phishing swindle. According to them, it is
Introduction Bitcoin ATMs allow cryptocurrency wallet users to buy or sell Bitcoins, by depositing or withdrawing cash. A wallet is a key element in Bitcoin ATM transactions, by probably being the only way to identify the user. Bitcoin ATMs come in a variety of touchpad and/or touchscreen-based kiosks, sometimes as extended features of traditional cash-based
The crisis caused by COVID-19 globally has kept the investors pondering about the suitability of investing in cryptocurrency like the Bitcoin. The scenario of this market turmoil where stock exchanges were getting badly affected and every other business is at stake, which has made the investors difficult to make decisions. However, trying to get a
The crypto fad has taken the gambling industry by storm. Cryptocurrencies have shown immense potential in both constructive and destructive ways in the industry. Hence every nation thriving on crypto follow some stringent rules laid down by their respective regulators. To pin a generic attitude of regulators towards cryptocurrencies, let’s find out how different countries
The Simple Ledger Protocol is making it easier for people to create tokens over the Bitcoin cash Network. This allows traders from around the world to make crypto transactions more common than ever. As Tokyo based Alliance Cargo Direct’s token ACD starts being accepted by both online and offline Merchants of the world, along with
Since the beginning of April, Bitcoin has been showing good progress, and the green light is relatively better as compared to the last year. The bitcoin is in the bullish trend. Rest of the market and altcoins are still struggling to reach its position at present. The bullish trend of bitcoin started after breaking the
If we observe the cryptocurrency market of the past twenty days, the crypto market has been successful in maintaining its gains and even created new trading levels. Numerous coins have reached new record break levels. When it comes to Bitcoin, the coin has surpassed more than $5000 level mark. Analysts believe that this trend can
