Bitcoin has emerged as one of the most novel methods to transact business in the present times. The dependency on this form of currency is increasing with time. The currency is available in the form of bitcoin and at the same time, it is available in the form of distributed ledger technology. In this situation, […]
A New York Airport Test Pilots Blockchain-based Coronavirus Cleanliness App
The new coronavirus detection app will detect any unhealthy or unclean surface so that necessary steps can be taken immediately. Using blockchain technology, the app will identify the persons who are not healthy and fit. This will help network airports to curb the spread of coronavirus. Albany Airport has started exploring different avenues regarding the […]
Your Crypto Is Not Outside Government Reach, Vc Firm Partner Says
A collaborator with the Collaboration Project, Morgan Housel, said that the government would easily monitor individuals’ digital properties. We all know that the government keeps a keen eye on every asset of the citizens, and your digital assets are also not left behind. Housel said that some of the crypt claims are illogical in a […]
Crypto Travel Company Adds VeChain Token as a Payment Method
Apart from other sectors, the tourism sector is also entering into the race of crypto adoption. One such travel platform is Travala.com. The travel platform has announced that it will incorporate the VET as one of the payment methods. VET is VeChain’s token that is being used by many platforms to receive payments. In short, […]
Authorities Find Illegal Bitcoin Mining Farm in Kyrgyzstan Free Economic Zone
Kyrgyzstan’s law enforcement agencies have been shocked and surprised after finding a large scale illegal cryptocurrency mining farms operating at the heart of a neighbouring FEZ or Free Economic Zone. The video of the illegal operation unit was posted by the State Service for Combating Economic Crimes which is the anti-corruption unit of the Republic […]
The Blockchain Paradox: Decentralization through Centralized Institutions
The potential of blockchain technologies has been well reported to decentralize regulation over our financial system. It’s one of the key elements of the new technology’s roots, with digital currencies blockchain network bearing a nod to the 2008–2009 economic meltdown The Times Chancellor on the verge of a second bank rescue. While never explicitly explained […]
Industry Summoning On The US Regulator To Open the Valves On Crypto Capabilities Of Banks
There are numerous crypto organizations and nonprofits who have written to the chief banking manager of the US so that the banks can own more power to handle crypto. Responding for a request for comment on plausible mandates put by the OCC (the Office-of-the-Comptroller-of-the-Currency), there are several leading crypto participants to have written asking the […]
Major Indian Company TCS Launches Cryptocurrency Trading Solution
Tata Consultancy Services or TCS, a leading IT company based out of India, is all set to launch its own cryptocurrency trading platform for financial institutions such as to banks that will make it easier for its customers to invest safely in cryptocurrencies. Tata Group is a large multinational company that conducts businesses across many […]
Defending Bitcoin’s Integrity in the Great Twitter Hack
How Secured is Bitcoin? Bitcoin transactions are highly susceptible to scams and major frauds. Though they are useful, bitcoin should be only kept and managed through wallets, that the user can control. Bitcoins transactions are virtual, and this is the primary reason, for so many deceitful activities and scams around it. These scams are hard […]
Plutus, The Crypto Management App, Denies Claims Of Being Hacked
On 9th July, 2020, there was an uproar on Twitter as an Israeli Cyber Security company, Sixgill, claimed that Plutus’s database was compromised. However, Plutus has made it known that, as per their security checks, no data has been leaked by hackers. Sixgill put up a tweet on 9th July, which read, “Threat actors are […]