Central banks all over the world are looking for ways to counter the Bitcoin “threat” these days. Although the issuance of Bitcoin regulation will not do much in this regard, it’s still an option being considered. The Bank of England had plans to issue its own digital currency not that long ago, but it seems this idea has been put on ice indefinitely. That’s due to the potential instability such a currency might cause. Bank of England Reverses Course There have been various rumors regarding the Bank of England issuing its own digital currency at some point in the future. This financial institution is not the only onePowered by WPeMatico
Developers of major cryptocurrencies spend a lot of time and effort polishing code and adding new features. While a lot of people contribute to projects on a voluntary basis, there is always a desire for more consistent funding. In the case of Bitcoin Cash, one Reddit user recently tipped the developers over US$2,000 to keep the development going. This is quite different from how Bitcoin Core operates, to say the least. Funding Bitcoin Cash Developers In the world of Bitcoin, there is the Bitcoin Core development team. Although a lot of people contribute code to this project without getting paid
Cryptocurrency prices are sliding downwards since our last markets update, as the top ten digital assets are all seeing a loss of gains on January 8. BTC/USD markets reached a high of $17,200 on Saturday evening on January 6, but the value has dropped since then to a low of $13,900 per BTC. The price […]
Although cryptocurrencies became a lot more popular last year, they also pose a big problem for regulators. Most recently, the Israel Securities Authority proposed a ban on trading shares of cryptocurrency-related companies. This is a rather interesting development, especially when considering that no other country around the world has done so. Israel Takes an Aggressive Stance Toward Cryptocurrencies When it comes to Bitcoin and other cryptocurrencies, opinions are still divided. Governments and regulators don’t always see eye-to-eye on this front, which is anything but surprising. After all, the concept of regulating cryptocurrency itself is ludicrous, since no one can control these currencies.
There have always been concerns that governments could backdoor existing technology to spy on consumers and enterprises. Although such claims have always been considered conspiracy theories, there may be a lot more to them than originally assumed. A person claiming to work for Intel confirms there is such a thing as a backdoor in the Intel Management Engine. It’s a very problematic development, assuming there is any truth to such claims. What is Going on With the Intel ME? It is important to put statements like these into their proper perspective. A random person on the internet claims to have been working for
In recent days a number of conflicting reports have surfaced pertaining to the stance of China’s government with regards to bitcoin mining. Last week, Bloomberg reported that the People’s Bank of China (PBOC) had met to discuss curbing mining operations in China, whilst Chinese media reports denied such – however, it has since emerged that […]
The team at Nav Coin have just released NavPay – the world’s first mobile wallet that allows users to send private payments. At a time when governments around the world are cracking down on internet freedoms – such as a few weeks ago with the U.S. repealing net neutrality – it’s more important than ever for users to have access to tools that safeguard their rights. Nav Coin is a cryptocurrency that takes this right to privacy seriously. Having been around since 2014, Nav Coin has built a second blockchain (NavTech) for transactions to be routed through, which completely disconnects