Looking Back at a Decade Of Bitcoin
Article

Looking Back at a Decade Of Bitcoin

Bitcoin was introduced to the world 10 years ago. Let us look at the most notable events from this decade-long journey. 2008 18th August marks the date when the domain bitcoin.org is registered. 31st October, a paper is published by “Satoshi Nakamoto” that made way for Bitcoin – a peer-to-peer …

Coinbase Shuts down Accounts Belonging to Gab and its CEO
Bitcoin Exchange

Coinbase Shuts down Accounts Belonging to Gab and its CEO

Gab which is known to be an anti-censorship social media platform has reportedly been de-platformed by Coinbase. As said by the Gab team on January 5, the accounts of both Gab and its CEO, Andrew Torba, were shut down by Coinbase, one of the largest Bitcoin exchanges and wallets. In …

The Reserve Bank of India Says Cryptos Are not a Threat | Coindelite News
Cryptocurrency Regulations

The Reserve Bank of India Says Cryptos Are not a Threat

Recently the Reserve Bank of India (RBI) published a report which says cryptocurrencies are not currently a threat. The central bank says that due to the rapid growth and adoption of cryptocurrencies, this assessment could change. RBI also included that constant monitoring of cryptocurrencies is needed. RBI published its “Report …

Proof-of-Work For Newbies
Crypto Concepts

Proof-of-Work For Newbies

What is Proof-of-Work? Proof-of-Work, also known as PoW is the original consensus algorithm that s present within a Blockchain network. Blockchain requires a pre-defined algorithm to create new blocks on the chain and for confirming transactions. Miners compete for rewards for completing transactions. In order to send digital currencies over …

2018 : A Tough Year for Cryptocurrencies
Cryptocurrency News

2018 : A Tough Year for Cryptocurrencies

2019 is upon us and as we look towards this new year with optimism, it’s important that we look back and reflect at the passing year. As 2017 ended with exploding of prices in Bitcoin and other cryptocurrencies. In fact, when Bitcoin reached $20,000, each and every news outlet covered …

BitTorrent To Introduce Own Cryptocurrency
Crypto News

BitTorrent to Introduce Own Cryptocurrency

The famous peer-to-peer file sharing platform BitTorrent has announced that it is planning to create its cryptocurrency with the help of Tron network. Along with other uses, the token will be used to make payments for higher speed file download on the company’s uTorrent client for Windows. The CEO of …

Crypto Mining: A Major Contributor Towards Global Warming
Crypto Mining

Crypto Mining: A Major Contributor Towards Global Warming

The cryptocurrencies market has observed quite a rollercoaster ride in the past decade. There have been times when Bitcoin was able to achieve a value of $20,000 in December 2017, while 2018 saw the downturn as the price dropped to sub $4,000 mark. Bitcoin mining and cryptocurrency mining overall has …

Bitcoin Exchange HitBTC suspends Customers’ Accounts | Coindelite News
Crypto News

Bitcoin Exchange HitBTC suspends Customers’ Accounts

According to several sources, the cryptocurrency exchange HitBTC has frozen its customers’ accounts ahead of an annual proof of keys event. The firm replied to an open complaint on Reddit after the user accused them of suspending his withdrawal requests. Redditor PEDXS alleged that he had duly passed the Know-Your-Customer …

Abkhazia Govt Cuts of Crypto Mining Power
Crypto Mining

Abkhazia Govt Cuts of Crypto Mining Power

The Republic of Abkhazia is looking to cut down on electricity consumption amidst concerns. Chernomorenergo RUE, the state electric utility company announced that it is cutting power for multiple cryptocurrency mining farms. This announcement was made on December 31st via Facebook. According to the announcement, Chernomorenergo has cut down the …

Almost 1000 Altcoins Died As Bitcoin Struggled In 2018
Bitcoin News

Almost 1000 Altcoins Died As Bitcoin Struggled In 2018

A retrospective account of cryptocurrency in 2018 has indicated that Bitcoin (BTC) recovered from a “dead” position in the media about 90 times, as shown by the industry news and information portal 99bitcoins. The site’s Bitcoin Obituaries section which tracks media claims that Bitcoin was unsuccessful, with almost 100 such …

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