Wednesday, August 12, 2020

China passes new crypto laws ahead of launching its own digital national currency

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The Chinese government seems eager to launch its very own digital currency backed by the Chinese yuan. The country’s National People’s Congress has passed a new cryptography la...

Bitcoin mining experiences a major boost as computing power hits an all-time high

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The mining of cryptocurrency has been driven by sufficiently immense processing power over the years. However, after a hiatus that has seen considerable interest deviating from Bitcoin mining. It appears that...

Telegram is launching its cryptocurrency by the name of Gram

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The cloud-based instant connectivity application is soon going to launch its cryptocurrency.Being termed as ‘Gram’, the new cryptocurrency from the social media giant will soon be launched with the company introducing...

This Pakistani claims to be the founder of Bitcoin

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Bilal Khalid, a Pakistani currently living in the UK, has pledged to be the founder of Bitcoin. Till the advent of Bitcoin, no one really knew the true identity of Satoshi...

Most countries trying to ban Bitcoin cause their citizens want cryptocurrency more: CEO Binance

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The whole idea of the crackdown against cryptocurrency has just got scrapped. As the CEO of the top crypto firm believes that the more you will try to curb cryptos, more...

Ex-Microsoft engineer arrested for stealing $10 million worth of cryptocurrency from tech giant

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Well, it appears that when you become a thief, it’s easy to get a new electric car and lakefront house but you would eventually get caught. A former Microsoft employee has...

Facebook’s new digital currency plan faces scrutiny in Congress

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Facebook’s new digital currency called Libra faces intense scrutiny as the Congress begins two days of hearings on the cryptocurrency project on Tuesday, starting with the Senate Banking Committee.The US Treasury...

Trump rants against Bitcoin and Facebook’s Libra, says they ‘facilitate unlawful behavior’

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When President of the United States Donald Trump is not tweeting spontaneously or letting everyone know how he’s making America great again, he’s heatedly railing against, well, something. His favorite subject...

Facebook’s Libra must be kept away from becoming a default currency, NYU professor claims

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Both the finance industry and academia have expressed concerns over the potential dominance of Facebook’s crypto ambitions of launching Libra to take on the US dollar.A new report by CNN in...

Thousands of investors fooled by a Bitcoin Ponzi scheme that generated $135,000 per day

The crypto wallet promised returns of 100 percent in just 15 days.A new Bitcoin Ponzi scheme reportedly defrauded thousands of residents of South Africa. According to TheNextWeb, people living in Ladysmith,...
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TECH

Microsoft-backed counter terrorism group spins out as independent organization

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It’s been six months since a gunman opened fire at two mosques in Christchurch, New Zealand and live-streamed the attack on Facebook, ushering in a new age of ...

SCIENCE