Month: August 2020

August 25, 2020

Attorney Ordered to Pay $5.2M for Releasing Bitcoin Funds From Escrow

Another major news is coming from the Cryptocurrency world. As per a new news story, a federal judge from New York has ruled that a New York-based attorney was responsible for paying a crypto investment firm. As per the claims made and the ruling given by the judge, the attorney released escrow account funds and set aside $5 million for investing in bitcoins.  As per […]

August 20, 2020

The Govt Of Russia Puts A Strict Ban On 10 Million Online Wallet Deposits

Recently the Govt of Russia has put a prohibition on several anonymous wallets and that has made millions to talk about. Let’s get into the juicy details. The Russian Federation has put a strict prohibition on each and every anonymous deposit made to the online wallets in one go. This is something to put a great deal of trouble on above 10 million users who […]

August 10, 2020

How Can You Mine Bitcoin?

Bitcoin is the oldest cryptocurrency. In other words, it is the currency of the Internet by the Internet. This digital money can’t be printed like regular money as it is actually a peer-to-peer network that’s controlled by no single entity. It can also never be created. Only 21 million Bitcoins can ever be created, and this cryptocurrency has to be mined. What does Mining Mean? […]

August 4, 2020

Greatest chess player of all time backs bitcoin

Bitcoin crypto and blockchain technology are a response to demand for anonymity in the capital sector. In a conversation with Forbes writer, Roger Huang, on the 23 July Kasparov, states he has found several upsides to the cryptocurrency situation. Bitcoin Garry Kasparov, the Russian cheesemaking man, who confronted the “Deep Blue” IBM computing system, has been able to find a solution. According to him, they […]