Belarus legalizes cryptocurrency
Belarus has legalized the cryptocurrency industry. President Alexandar Lukashenko has signed a decree that will make all the cryptocurrency transactions tax-free for the next five years. Belarus will become a tempting location to mine and control cryptocurrencies with these latest provisions.
Goldman Sachs prepares to launch a bitcoin trading platform.
With Goldman Sachs setting up a trading market for bitcoin, Wall Street finally seems to be welcoming digital currencies. The multinational finance firm will launch the trading desk by the end of June 2018, as reported by Bloomberg.
Someone has bet $1 million on bitcoin for December 2018
Bitcoin futures is a new derivative-based technique to trade bitcoin based on future estimations. Following the release of bitcoin futures, someone has bet $1 million that bitcoin cash will reach a value of $50,000 by December, 2018.
Telegram Open Network (TON) – a blockchain-based social media
The main motive behind the creation of TON is to aid those who live under oppressive regimes. The new platform will probably be an extension of Telegram, a famous messaging application.
Apple patents blockchain technology
Apple Inc. has turned in a new patent application, which uses the blockchain technology to create and verify timestamps. The system operates within a prospective system, according to U.S Patent and Trademark Office.
Everything you need to know about litecoin
One of the top five cryptocurrencies by market cap in December 2017, Litecoin (LTC) is well worth looking into. Litecoin is an open-source, peer-to-peer cryptocurrency that was first introduced in October 2011.
Everything you need to know about Ethereum
Based on blockchain technology, Ethereum (ETH) is a public, open-source software platform which allows for the creation of decentralized applications (Dapps). This is done through the use of digital code called smart contracts. With the Ethereum Virtual Machine (EVM) often described as a “world computer,” Ethereum is designed to offer the same functionality to everyone, anywhere in the world. Ethereum has its own form of currency called ether (ETH). Described as fuel, ether allows clients to request the platform to carry out a particular operation.
Five South Korean cryptocurrency exchanges fail basic security tests
A security firm was able to use basic tools to hack into five popular South Korean cryptocurrency exchange platforms.
Everything you need to know about bitcoin
If you’ve heard of cryptocurrency, then you’ve almost certainly heard of Bitcoin. Founded in 2009, Bitcoin was the very first decentralized cryptocurrency. A software developer, by the name of Satoshi Nakamoto, is said to be the creator of Bitcoin. Unlike fiat currency, bitcoin isn’t controlled by any central authority. Created and stored electronically, bitcoins are produced by computers around the world.
Bitfinex and Tether close new account registration
Two of the biggest exchanges in the world, Tether and Bitfinex, have closed the registration of new accounts. The news came without any warning, with Bitfinex stating that in order to protect professional traders, it will be temporarily shutting down new registrations.
