Ellen DeGeneres explains What is Bitcoin and How Does it Work?

What is Bitcoin and how does it work, Ellen DeGeneres Described Well, TV host Ellen DeGeneres took herself to explain to her audience what cryptocurrency is. Ellen described that bitcoin is like a stock market where people can make money off of it, but said that she’d “rather own a …

Japan’s Cryptocurrency Industry has Decided to Launch Self-Regulating Body

Japan’s Cryptocurrency Industry to introduce Self-Regulating Body Japan’s two cryptocurrency industry groups have planned to join to form a self-regulating body, which is expected to have a better safeguard investor after last month’s $530 million (£375.68 million) hack of digital currency. The Japan Blockchain Association and the Japan Cryptocurrency Business …

Bitcoin is Growing above $10,000 and Predictors Expects New High in July

Predictors expect Bitcoin to reach a new high in July, Since it his growing beyond $10,000 Bitcoin grew more than $10,000 on Thursday for the first time in more than two weeks, since the investors purchased the cryptocurrency after falling 70 percent from its all-time top growth in mid-December. Bitcoin …

CITI Bank in India Stops its Customers to Trade Cryptocurrency through Debit/Credit Cards

CITI bank Stops customers from using its Debit/Credit card for Cryptocurrency Transactions Citibank India announced debit card and credit card users via email on the 13th of February they would no longer be able to participate in cryptocurrencies such as bitcoin. Because of the regional and global concerns from regulators, …

Ripple Partners with Saudi Central Bank for Cross-Border Payments

Saudi Central Bank to work with Ripple for Processing the Cross-Border Payments Fintech giant Ripple has cracked a new deal with the Saudi Arabia’s central bank in order pilot instant cross-border payments on a blockchain between domestic banks in the country. According to the announcement, the Saudi Arabian Monetary Authority …

Australian Bank CBA also Bans Buying Cryptocurrencies through Credit Cards

Australian Bank also going to stop its customers to buy cryptocurrencies by Credit Cards Australia’s largest bank has stopped its customers from purchasing cryptocurrencies such as bitcoin using their credit cards. Due to the regulations and high volatility of cryptocurrencies, the Commonwealth Bank of Australia (CBA) has stopped credit card …

Bitcoin Buyers Should be Ready to Take the Risks and Look After Themselves

Kraken CEO warned Bitcoin Investors and told be Aware while Investing Jesse Powell, founder, and CEO of Kraken says that Traders are so excited o invest in Cryptocurrency but afterward they need to carry the burden of responsibility. Powell told: “I think ultimately consumers need to look out for themselves, …

Microsoft to welcome Decentralized Identity Systems Built on Bitcoin and other Blockchains

Microsoft is moving forward to launch Decentralized Identity Systems According to Microsoft’s new post, which was posted today, described that Microsoft is going to welcome public Blockchain, Bitcoin, and Ethereum, for decentralized identity systems. The company will be supporting the blockchain-based decentralized IDs (DIDs) through the Microsoft Authenticator app. Unlike …

Investing in Cryptocurrencies will be Highly Risky, EU Regulators

EU Regulators warn people and say Cryptocurrencies are Highly Risky to Invest On Monday, three European Union (EU) regulators warned and told that Cryptocurrencies are “highly risky” assets and are not the place to invest. The European Supervisory Authorities (ESAs) for securities, banking and insurance and pensions told in a joint …

KYC Requirements are Making ICOs Riskier Instead of Providing any Safety

ICOs will be Riskier rather than Secure through KYC Requirements Initial Coin Offerings (ICOs) were open to everyone, so, the gaining entry to ICOs has become more difficult. Due to the regulatory attention from the SEC, crypto startups have started asking for KYC requirements, but now it has become a …