Wed, May 08, 2024

Cryptocurrencies

Bitcoin marketplace Paxful and Russia

Crypto money and holiday season

The importance of cryptocurrencies is increasing as more and more people around the world are willing to invest in the cryptocurrencies. One of the most expensive and well-known crypto money is Bitcoin. The news surrounding this currency is spreading fast as Bitcoin is attracting attention for several years. Bitcoin’s price increased on Wednesday and reached …

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facebook logo with a bitcoin net to it on the phone

Cryptocurrency: Details Released About Facebook Currency Rivaling Bitcoin

Later this month Facebook is planning to release new cryptocurrency. The new digital currency will be called GlobalCoin and will significantly differ from its main rival: Bitcoin. The main difference between the Bitcoin and GlobalCoin would be the function of the tokens. GlobalCoin will act as a stablecoin pegged to the US dollar 1:1. Stablecoins …

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bitcoin concept netcoin allows to buy crypto directly

Netcoins App Enables Direct Fiat Purchase of Altcoins

A new crypto-buying portal, Netcoins, is allowing users to buy more than 20 cryptocurrencies and altcoins using fiat directly. Netcoins, which is the Canadian company that created the app, says the recently launched service is operational 24/7 online. This helps to delivery real-time transaction without delays. The Netcoins team says its offering stands out from …

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Inside indian business

IDRBT Issues Strategy for Blockchain Adoption in India

India Institute for Development and Research in Banking Technology (DRBT) has published a blueprint on blockchain implementation in the banking sector, according to an Indian local newspaper. IDRBT was established by the Reserve Bank of India (RBI) in 1996 with the mission to conduct research and experiments in the banking sector. The organization is reportedly …

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Crypto news

$16 Million Stolen from Cryptopia in Recent Hack

As much as $16 million worth of Ethereum (ETH) and ERC20 tokens were stolen in the recent hack of New Zealand exchange Cryptopia, according to an analysis from blockchain infrastructure firm Elementus. Elementus’ research and analysis were published under a week after Cryptopia first publicly announced its detection of the breach. As reported, the exchange …

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McAfee and its report on Netwalker

Bitcoin Should Veer Away from PoW, Says BIS

Bitcoin (BTC) problems are only solvable by departing from proof-of-work (PoW) system, according to research published by the Bank for International Settlement (BIS) on January 21. According to the paper, when the future Bitcoin’s block rewards fall to zero – given that only a limited number of new Bitcoin will ever be created – transaction …

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