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| What Is Ripple? Cryptocurrency Passes Major Dollar Milestone As investors worry about a cryptocurrency correction with bitcoin falling a third in value after reaching record highs, digital currency advocates are touting another "coin": Ripple, or XRP. The team behind it seek to convert funds in any currency or cryptocurrency to another form of currency in mere ...
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| What Does Cryptocurrency Have to Do With Blockchain Anyway? Cryptocurrency is a misnomer. Almost none of the hundreds of cryptocurrencies function anything like currencies. To invest in cryptocurrencies is not to engage in foreign exchange trading. Instead, think of cryptocurrencies as digital assets tied to the value of a particular blockchain protocol. Admittedly ...
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| Bitcoin plunges as 'sharks' circle in key test of cryptocurrency Bitcoin faced one of its biggest tests this week, losing almost 20 percent of its value after the world's largest cryptocurrency reached a record high on Monday. The digital currency plunged as much as 30 percent last Friday, before paring losses, as this week's selloff extended to a fourth day. The weekly ...
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| Israel Government Considering National Cryptocurrency Following in the footsteps of Russia and Dubai, Israel is considering offering a national cryptocurrency - a digital shekel - which would correspond in value to physical shekels. According to the sources close to the Finance Ministry, Israel's black market is approximately 22 percent of the country's gross ...
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| Bundesbank: No Plans to Introduce Fiat-Based Eurozone Cryptocurrency An official cryptocurrency could benefit the Eurozone by allowing higher borrowing costs in prosperous national economies of the Northern Europe, and keeping them low where inflation is key to growth – places like Greece and Italy. Currently, the European Central Bank (ECB) conducts a uniform policy ...
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| Digmine Cryptocurrency Mining Malware Invades Facebook Messenger Hackers who are hijacking devices to mine cryptocurrency are becoming more and more common as the value of the digital currencies grow rapidly in the current market. There are hackers targeting just about every platform out there with the Loapi Android malware enslaving smartphones to mine ...
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| Bundesbank says no euro zone cryptocurrency in sight But the cryptocurrency plunged by 30 percent to below $12,000 on Friday as investors dumped it after its sharp rise to a peak close to $20,000 prompted warnings by ... Some high profile individuals such as Nobel Prize-winning economist Joseph Stiglitz have said the cryptocurrency should be outlawed.
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Five Bitcoin Must Reads of 2017 In November, a federal judge set an important precedent by ordering CoinBase to supply the IRS with details of users who bought, sold, sent, or received $20,000 or more in the cryptocurrency in a single year between 2013 and 2015. To many, one of the most appealing aspects of cryptocurrency is the ...
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