Tag "bitcoin"

7 reasons why countries should legalize cryptocurrencies

Vishal Gupta Bitcoin’s popularity and surge in usage has not been without cons. However, some countries took it upon themselves to ban the new age currency. For example, in Vietnam, Bitcoin can be used freely by citizens but credit institutions

Russia to launch state issued cryptocurrency ‘CryptoRuble’

By : CIOL Writers

Russian President Vladimir Putin has stated that the country will be issuing its own cryptocurrency, the CryptoRubble, which in a way is very similar to the likes of Bitcoin and Ethereum. The news was first reported by CoinTelegraph, citing Russian Minister

Bitcoin surges past $5K to record an all time high

By : CIOL Writers

Bitcoin, the biggest and best-known cryptocurrency, has jumped past the $5,000 barrier, as reported by Reuters. The cryptocurrency rose by more than 8 percent to $5,243 having started this year at $966. Bitcoin has increased by more than 750 percent

Bitcoin breaks $3K barrier to record an all-time high

By : CIOL Writers

Bitcoin, the worldwide cryptocurrency, and digital payment system has recorded an all-time high valuation of $3000 per coin. A number of exchanges, including Coinbase and Kraken, have valued a single bitcoin at over $3,000, that is up $485 on the valuation

Bitcoins could be legalized in India as early as next month

By : CIOL Writers

Cryptocurrency is making waves in the global currency market. And let us tell you, the craze is very much valid. Last month, Bitcoins made headlines for crossing the value of $2,000 per coin for the first time in history. Well

Creating history, Bitcoin valuation tops $2,000 per coin

By : CIOL Writers

Bitcoin, the world’s most popular cryptocurrency, has broken all its previous records and achieved a new milestone with the value of Bitcoin reaching $2,000 per coin for the first time in history. Bitcoin was trading as high as $2,185.89 in

Bitcoin: Digital currency or criminal currency?

By : CIOL Writers

WannaCry cyber attack that engulfed more than 100 countries over the weekend indeed left many people crying. The ransomware apparently based on stolen US National Security Agency’s surveillance tools affected tens of thousands of machines worldwide, that included Spanish telecommunications giant Telefónica, operations at the

Indian govt sets up high-level committee to study virtual currency

By : CIOL Writers

As digitisation penetrates deeper into the country’s economy, the spotlight has now shifted to virtual or cryptocurrency. The Central government has set up an inter-disciplinary committee to look at the framework of virtual or digital/cryptocurrencies, in order to keep a check on

Paytm, Freecharge and MobiKwik seek opportunity in adversity

By : CIOL Writers

Though PM Narendra Modi’s latest move of demonetizing Rs 500 and Rs 1,000 notes gave sleepless night to many across the country, there is a coterie of digital payment and wallet companies who see a big opportunity in this adversity.

Unocoin releases API for Bitcoin wallets

BANGALORE, INDIA: India’s popular bitcoin company, Unocoin has implemented its first-ever, easy-to-access Application Programming Interface (API) allowing companies from around the world to access the world’s largest potential market for Bitcoin. Unocoin’s API allows individuals and companies in India to

Blockchain: Made of Steel, Copper or Mercury?

Pratima H INDIA: Whenever something new happens, people first ask ‘why’ until they slowly move to

Blockchains and Banks: The Blind Date has begun

Pratima H INDIA: When one first stumbles upon the words – hard fork and soft fork,

Bank of Canada testing digital currency bitcoin

By : CIOL Writers

In what can be called the first known test by a major central bank for alternate

Tech This Week: Bobbing up – Bitcoins, Missing-Plane signals and Whistleblowers at Oracle

By : Pratima Harigunani

INDIA: No matter if what happened this week was cryptic or clear, one thing is for sure;

Australian tech entrepreneur Craig Wright is the Bitcoin Creator

By : CIOL Writers 1

Australian tech entrepreneur Craig Wright has publicly identified himself as Bitcoin creator,ending years of speculation about

Bitcoin under threat?

MUMBAI, INDIA: Bitcoin which took the market by storm is under threat. According to a new

Bitcoins and Home Routers – the new chinks in security armor?

MUMBAI, INDIA: As wearable technology becomes more widespread in the next year, expect to see the first

New page in MtGox controversy and bitcoin potboiler

SAN FRANCISCO:  Kraken, a San Francisco-based bitcoin exchange, announced that it has been selected to support

Bitcoins better for donations?

WASHINGTON, D.C. , USA: The Bitcoin Foundation, BitGive Foundation and Bitcoin Black Friday have teamed up

American Red Cross opens up to bitcoins

ATLANTA: BitPay, a bitcoin payment processor, is supporting the American Red Cross by helping the organization