ABN AMRO, a Dutch bank disavows its reveal plan about a custodial bitcoin wallet called “Wallie”. The bank abandons the launch due to endanger worries, as per a report by The Next Web. As in the report, Jarco de Swart, the ABM AMRO’S senior press officer mentions in an email that the bank is not […]
According to Google Trends, Bitcoin’s search interest this year has apparently been getting an ever-increasing number. Bitcoin has of late hit a 14-month high in the search interest. The cryptocurrency currently trading at $7,900, saw a sudden surge in the search interest this year. Such a rise in search interest hasn’t been seen since February […]
Soon cybersecurity genius John McAfee will launch bitcoin debit card. McAfee has mentioned this in a recent tweet on his official handle. According to him, this card will be accepted everywhere. A cardholder has to load it with bitcoins. Then it can convert into local currencies. The card will bear the VISA branding. Mr. McAfee […]
One of the premier Bitcoin firm Lightning Labs Releases Desktop App on Mainnet. Users can now perform the transaction with real money and also control their funds. The system makes use of the Neutrino light client technology. The app is desktop only and supports versatile platforms such as MacOS, Windows and Linux. As of now, […]
The controversy of cryptocurrencies is not going to die any sooner. Right from the time of start till date, crypto investors have always been on a roller coaster journey. Out of many, here are a few cryptocurrency scams that looted people and left them bankrupt during 2018. Check them out! $530 Million Hack in Japan […]
Bitfinex, an advanced cryptocurrency exchange, has announced the recovery of a part of the stolen Bitcoins which was reported in 2016. The exchange had lost 120,000 BTC (approx. $72 million) and currently retrieved 27.7 BTC of it, which be refunded to about 5,000 of its affected customers. The exchange had collaborated with unnamed law enforcement agencies from both the U.S. and Europe to conduct investigations into the case.
The Lightning Network provides cryptocurrency investors with an alternative over congested blockchain networks. Ever since, people have started facing scalability issues with Bitcoins, alongside several problems have been highlighted such as transaction delays and associated transaction fees. With lightning Networks, investors are able to enjoy faster transactions at lower costs. People have high expectations from […]
Have you ever thought of printing your own dollars, or any other currency? Well, this may sound a bit absurd to people who know nothing about cryptocurrencies. But, when you’ve already arrived on this page, it means that you already have the basic understanding of digital or virtual coins. Unlike fiat currencies, creating a new […]
The Mumbai Crime branch, in India, has uncovered a gang behind a $13 million (INR 100 crore) cryptocurrency scam, which was spread over the states of Maharashtra, Gujarat, and Uttar Pradesh. The scammers had launched a scam coin, dubbed Cashcoin, which was claimed to be similar to Bitcoins. The gang cheated people by promising them double returns within two months.
JPMorgan has cleared that JPM Coin is not a cryptocurrency, which can be used for trading purpose, rather it is a stable coin created for payments processing and settling debts within JPMorgan Chase. Umar Farooq, JP Morgan’s head of digital treasury services and blockchain, has linked the launch of the coin to the firm’s decision to meet its customers’ demand for a secure and instant payments processing platform.