Cryptocurrency is a term that is commonly heard everyday though not many know about its evolution, and even few understand its applications. One of the important cryptocurrencies is Bitcoin, which was first developed by a software expert with the pseudonym Satoshi Nakamoto, who built the electronic payments system and grounded it in a mathematical proof. The most distinguishable feature of…
Bitcoin is gaining more popularity than ever this year. The crypto has been used for different types of transactions, and casino gaming has become one of them. Roulette, one of the top casino game operators, has recently started accepting BTC as the payment option. This step has taken the popularity of bitcoin casinos to the next level, and soon multiple…
Chinese based firm, BTE.TOP offers services to digital currency market; unfortunately, the CEO of the firm Hui Yi has committed suicide. The reason for him taking this step could be due to huge loss while trading Bitcoin through 100x leverage. While trading with Bitcoin, he nearly lost 2,000 BTC that were of his clients. The Chinese businessman was 42 years…
When it comes to layered security, all those trading in the cryptocurrencies reaches to the point of no return. The added security from different layers makes it difficult to breach the funds even if they do end up breaking in the blockchain which in itself is a big challenge. With Schnorr Signatures coming to BTC on 15th May, this added…
The much-awaited moment for Crypto enthusiasts is here! Bitcoin has surged past yesterday’s $4,000 mark and is trending higher at 0.06%. Ethereum, the green token has just followed suit and is having a corrected higher of 1.85% on the day. Since the Crypto Winter set in, it has been difficult for the Bulls to meet their targets. Bitcoin did show…
Cryptocurrency forks of various types have become a common concept. Bitcoin had also faced various iterations and branches in this way. One of its largest and most discussed forks – Bitcoin Gold (BTG) was formed on October 24, 2017, on block 419406. Bitcoin Gold is an open source cryptocurrency, and its purpose was to make Bitcoin decentralized again. BTG changed…
According to the latest Chainalysis report, the year 2018 witnessed a surge of 70% in the value of Bitcoin sent to the darknet markets. The report was published on January 18 and revealed that last year’s bear market had little impact on the darknet activity. The report also stated that the price of Bitcoin – which tumbled in 2018 –…
On January 3, Bitcoin (BTC) blockchain marked a decade since the foundation of its first block. Referred as most progressive specialized parlance as a “Genesis square,” the first square on a blockchain is quite interesting in that it intelligently contains no reference to any past ventures, and in every case hard-coded into the system’s product, building up the majority of…
January 3, 2019, marked Bitcoin’s 10th birthday. Though October 31, 2008, marks the birth of the whitepaper ‘Bitcoin: A Peer-to-Peer Electronic Cash System’ published by the mysterious Satoshi Nakamoto, heralding a revolutionary electronic cash system, but it was on January 3, 2009, that the first block of bitcoins was mined. Coinbase had a text inserted that read, “The Times 03/Jan/2009…
Even though Coinbase has lately turned out to be a contentious corporation, particularly since it started to include crypto assets in every aspect, the corporation from quite some time had an unremitting drive for modernization. After constructing a store in 2012, the San Francisco-based establishment, run by an ex-Airbnb worker having the visualization of splendor, has rapidly put up the…
