The Japan-based Mt. Gox exchange had its bankruptcy stayed due to a petition filed by some of the creditors for the commencement of civil rehabilitation proceedings in Tokyo District Court on November 24, 2017, and heard today, June 22, 2018. Mt. Gox was forced into criminal bankruptcy after more than $473 millions worth of bitcoins werestolen from…
A decentralized exchange (DEX) is a marketplace for cryptocurrencies or blockchain investments that is totally open sourced. Nobody is in control at a DEX, instead buyers and sell deal with each other on a one-on-one basis via peer-peer (P25) trading applications. A good way to think of a DEX is as a “do-it-yourself trading solution…
By 2050, it is predicted that Litecoin will be the currency you will use to buy and sell products and services. Most of the fiat currencies will disappear. These cryptocurrencies are still at a very nascent stage. Either they will be massive or they will vanish. We still cannot predict the future path these coins will…
In 2017 the value of Bitcoin was just $900. By December, it had jumped to nearly $20,000. What ?? Yes you heard it right. To the casual observer, it appeared the world was finally buying into the promise of cryptocurrencies. And who would’nt, the dream currency going closer to the original dream, every believer of crypto…
Zebpay sent an email to the platform users today at 1:39 Pm in light of recent Reserve Bank Of India Circular, dated April 6th, on ‘Prohibition on dealing in virtual currencies. Zebpay said that they have approached the Supreme Court of India to challenge. In case the rupee holders choose to place a withdrawal request, they shall…
Bitcoin is now listed on exchanges and has been paired with leading world currencies such as the US dollar and the euro. The US Federal Reserve acknowledged the growing importance of bitcoin when it announced that bitcoin-related transactions and investments cannot be deemed illegal. At the start bitcoin’s attractiveness was attributed partly to the fact…
For Lloyd Blankfein, bitcoin is just not his thing. The Goldman Sachs director and CEO said in an assembly on tuesday that “it is not for me” while gotten a few records approximately the arena’s largest digital cash by means of show off capitalization. displaying up at the monetary membership of recent york, he commented: “I don’t…
The simplest reason we believe is that:- It is fashionable. 99% people do not even understand the iota of what Blockchain is in reality. People are lucky that they are living in times of corporations funding and ICO’s, as people know that it is easy to get funding with term Blockchain and get published in…
Network of blockchain-based community currencies will be launched in Kenya, said Bancor. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration. By utilizing the Bancor Network, the disadvantaged communities in Kenya will have the capacity to make computerised monetary forms that can hold at least one adjusts…
Many people believe that because Bitcoin is decentralised, it is also private. This is not true. Since the inception of Bitcoin there has been a keen interest in Privacy tokens. Individuals that support privacy tokens are not necessary criminals or bad actors, just have strong beliefs over retaining their individual rights for financial security. Here’s…
