A cryptocurrency (virtual token, digital asset) is an innovative, advanced and distributed accounting system that stores all information about the state of ownership and contractual units. The mentioned holding level is closely related to individual system nodes, called cryptocurrency wallets, in a way that ensures constant control over a given wallet only to the owner of the corresponding private key. If the holder wishes to make a transaction, it's online: between him and the given contractor directly. Each and every unit of cryptocurrency has its own unique code, with all information, preventing its copying or re-spending. Cryptocurrencies are distinguished mostly because of their decentralized nature. They do not have any control body (regulator) that could decide to increase their supply with a potential decrease in value. Crypto transactions are online only, directly between at least two users (P2P technology - peer-topeer), without the participation of banking systems or other financial supervisory institutions. There is no entity that could control these transactions. The most popular and at the same time the most important cryptocurrencies include Bitcoin, which from the very beginning has been in the leading position with the unrivalled market capitalization. Other important digital assets are Ethereum, Ripple or Litecoin, but there are also many other currencies, which are becoming more and more popular. Because the world of virtual tokens is constantly evolving, and the industry is dynamically changing, it is necessary to keep track of all the news, experts' opinions or important information. In this section, you will find the latest news from the world of cryptocurrencies, showing the functioning of the entire industry. New projects, current prices, rates and charts of the most popular coins, with analysis and statements from industry professionals, are something that will make you understand this difficult, but revolutionary technology better.
The Fairspin blockchain casino is the first online casino to combine classic gambling and blockchain. With the integration of the TruePlay platform, Fairspin stores all gaming transactions in TPLAY tokens of the ERC20 standard. Players can check all deposits and withdrawals in blockchain explorers with the anonymity being saved.
How much does Bitcoin cost? This question is very often from the mouth. Novices, but is it worth focusing on its price? Here are some important points about what we could consider when analyzing the BTC chart!
George Floyd, who died at the hands of American policemen, has touched whole world. On the streets of many countries there are protests against the abuse of power by uniformed services. Some time ago someone also emitted a coin encouraging to fight injustice called Floyd Token (FLYD).
After an increase of over 6% in the last 24 hours, Ethereum has exceeded USD 250 - for the first time since February. Currently, the ETH exchange rate is USD 251.6. According to analysts, the planned launch of Ethereum 2.0 may further increase the price of ETH in the near future.
Fear, uncertainty and doubt are the worst enemies of cryptocurrencies investors. What is worst, there are months of uncertainty ahead of us, which can change the course of history. It's all about the US elections...
The data published by the UK financial application Revolut shows that restrictions and limitations related to the coronavirus have affected the number and value of cryptocurrencies transactions made by its users.
According to local news agency Izvestia The Russian state-owned bank Sberbank is introducing non-contact ATMs in Russia using blockchain technology. The aim is to improve security and reduce the spread of coronavirus. A pandemic has paved the way for contactless technology. From touchless travel, payments, touchless toilets to touchless ATMs introduced in the Russian market. Touchless solutions are becoming increasingly popular and are setting new prospects.
Governments around the world are introducing laws that impose taxes on the income from BTC transactions, but there are still a few countries that allow investors to buy, sell or store digital assets without paying a penny. Today we present you with a list of eight countries that can be considered as a Bitcoin tax haven.
Italy is one of the countries most affected by the economic crisis caused by COVID-19. It is slowly starting to recover the economy. Among the programmes aimed at improving the situation, there is a project to combat counterfeiting and its key aspect is the development and implementation blockchain technology.
Just before halving, Bitcoin's Hash Rate almost reached its new ATH. Unfortunately, shortly after halving (as expected by many analysts), drastic drops was recorded. According to data provided by blockchain.com, the 7-day average HR value of the BTC network increased for the first time since May 11th. Although small, as only 1% of the rebound may suggest a slow stabilization of this very important indicator.
Mastercard, has joined the ID2020 Alliance, a global company whose main goal is to create a digital identity for every person in the world by 2030. According to the company this would improve quality of life.
According to the Russian government, cryptocurrencies trading is about to become a crime, and traders could end up in prison. This is part of a law bill through which Russia wants to regulate cryptocurrencies.
Many central banks around the world are considering their own digital currencies to start competing with cryptocurrencies such as bitcoin. Some countries have speeded up their work on this technology after Facebook announced its plans for the global digital currency Libra in June 2019, but only a few have taken real steps in this direction, while France has just successfully tested its CBDC central bank currency, the digital euro.
Shopify - Canadian e-commerce giant, which offer to easy create own online shop will accept crypto payments because it has signed a contract with the company that offers crypto payment processor - CoinPayments
According to Chinese reports, another crypto scam has taken place this week, which is similar to the Plustoken platform. Over 700,000 users have been scammed by Dubbed WOTOKEN, and it has stolen a crypto worth over $1 billion.
After the third halving in the history of Bitcoin, its price has reacted by 13% increase. According to the data monitoring website, as many as 93% of the days brought profit for those clinging to the HODL strategy.
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