Some millenniums ago, trading was done through the barter system. The early man exchanged goods and services through the barter system whereby one type of good or service was exchanged for another. Then, it evolved to coins before cash was introduced as well. In the 20th century, the card system was introduced which has been gradually taking over cash and […]
Zcash is a peer to peer cryptocurrency like Bitcoin. Unlike Bitcoin, it’s sole priority is to focus on private, anonymous, and fungible transactions that Bitcoin can’t do. Zcash was forked out of Bitcoin and launched in October 2016, and it was previously known as Zerocoin. It is based on a special cryptographic protocol that shields a sender’s information, a receiver’s […]
Is there a single place where you can learn all about bitcoin with well-curated Bitcoin resources? Yes! That is what we have created with this guide to the best bitcoin articles, blogs, forums, and courses. Bitcoin, as we all know, is an emerging field and offers a potential and exciting opportunity which is set to revolutionize the cash industry. Because […]
Fireblocks, the New York-based digital assets security firm has simply accomplished its most significant examination carried out by Big Four firm Ernest &Young. On the 19th of December, a blog was released that Fireblocks,which provides an institutional grade platform for a secured transfer of blockchain based digital assets,received the service organization control(SOC) 2 Type lol certification performed by EY. Corresponding […]
The eight members of the United States (U. S) congress was sent a letter to the agency by Internal Revenue Service (IRS) urging them to provide more valid clarity on cryptocurrency tax laws. A letter signed by eight of the U. S Congress on the 20th of December stated : “We wrote in April of this year urging the issuance […]
On the 18th of December, the Department of Justice announced the charges relates to the purported theft of sensitive information from companies in the St Louis area and also threats to release this information unless a ransom was paid in BTC(bitcoin). 39 Years Wyatt Nathan begged not guilty to being charged for aggravated identity theft, who threatened to destroy a […]
According to a Forbes article published on December 19, an Arizona Congressman,Paul Gosar has introduced a draft bill, which aimes at ultimately bringing regulatory clarity to the crypto industry in the U.S..The Crypto-Currency Act of 2020 points out which Federal agencies should control each type of cryptocurrency assets. Three flavors of cryptocurrency asset One of the main things that the […]
Ripple, The third biggest altcoin by market cap and the blockchain payments company behind XRP, has raised over two hundred million dollars($200 million) in a new funding round. The company announced on December 20, led by closed-ended investment firm, Tetrgon, the new Series C funding round was additionally joined by Ripple’s main Japanese partner SBI Holdings and ventures capital company […]
This month, december has witnessed a lot of Bitfinex’s developments, with the exchange and cryptocurrency store Bitrefill partnered to enable the trading podium’s customers to shop with Bitcoin (BTC) over the Lightning Network. The partnership will enable customers to purchase over 2,000 numerous prepaid vouchers with Bitcoin(BTC(. The vouchers will cover the costs of products and services useful to entertainment, […]
Tencent, the operator of Chinese social media app WeChat has partnered with the world’s largest Diamond mining firm on a new blockchain based e-commerce project. According to a blog on the 16th of December, Tencent and Alrosa will launch a new diamond focused retail mini program targeted at WeChat’s one billion active users, together with blockchain platform Everledger. With a […]
