Bitcoin News: Bitcoin (BTC) is the first ever cryptocurrency, developed and released by an unknown programmer or programmers named Satoshi Nakamoto. The Bitcoin whitepaper introduced the concept of cryptocurrencies to the world in 2008 and since then a digital currency revolution has started. That’s why Bitcoin news became so important. Cryptocurrencies are peer-to-peer and open-source digital currencies or tokens that use blockchain technology or other distributed ledger technology, thus eliminating third party involvement. The Bitcoin whitepaper introduced the concept of blockchain technology and added a Proof-of-Work (PoW) consensus protocol for increased security.
Bitcoin has proven many times that it’s the most valuable cryptocurrency from the whole digital currency economy. Bitcoin gradually became the digital gold for the whole economy, acting as a store of value in Bear markets. The maximum Bitcoins that will be mined is 21 million BTC and in time the digital currency will become scarce, increasing in value with time. Scalability is the biggest problem that Bitcoin is facing, but with the introduction of more and more technology improvements, only time will show the true potential of Bitcoin.
The Security and Exchange Commision (SEC) has finally cleared Ethereum confirming that it was not a security. This means the digital currency does not fall under the scrutiny of the SEC. This announcement spiked Ether’s price up to 7%. The all-clear came from the director of corporate finance at the SEC, William Hinman, who was […]
The South Korean subsidiary of Huobi crypto exchange is partnering with a leading university in South Korea, the Korea University. Dubbed industry-academia, the partnership is in a bid to encourage blockchain development. This partnership will allow the South Korean subsidiary – which began trading in May -to work with the Blockchain Security Research Center at […]
Seminole County Tax Collector’s office in Florida is the very first US Government Agency to accept Bitcoin as a form of payment for services. . This is a huge step in the adoption of cryptocurrency
Fake News are everywhere. Most people have begun to hear about this just recently. What can be done to combat the mass spread of disinformation?
Last year’s bitcoin run was nothing short of phenomenal; in just under one year the currency came from just under $1000 to a record-setting $20,000. Now what the world believed was legit trading and an incredible run from the currency might just have been manipulated by cryptocurrency exchange Bitfinex and digital currency Tether. A 66-page […]
Switzerland has always been the global financial innovator. It comes as no surprise that they have their own Crypto City. South Korea has decided to follow.