Cryptocurrencies

A cryptocurrency is a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, called altcoins, or specifically of digital currencies.

Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. The most popular altcoins now (August 2016) – Ethereum, Steem, Ripple, Ethereum Classic, Litecoin, Dash, Dogecoin.

Cryptocurrencies use decentralized control as opposed to centralized electronic money/centralized banking systems. The decentralized control is related to the use of bitcoin’s blockchain transaction database in the role of a distributed ledger.

February 24th, 2016

The Financial Services Agency is planning to register all exchanges and companies dealing with virtual currencies for better control.

February 21st, 2016

Once the decision of the Roundtable discussion appeared, bitcoin price shot up.

February 19th, 2016

Bitcoinstad has already encouraged more than 100 merchants in Arnhem to allow payments in bitcoin.

February 19th, 2016

FTC closed Butterfly Labs in September 2014 for public misrepresentation and fraud.

February 18th, 2016

Hollywood Presbyterian Medical Center had to pay bitcoin ransom equivalent to $17,000.

February 17th, 2016

America’s pharmaceutical villian, Martin Shkreli, has tricked out of millions of dollars in bitcoin after he concluded a fake agreement with a guy who said to be from Kanye’s team.

February 14th, 2016

21 Inc. launches a free online service that estimates the fees and delay associated with bitcoin transactions.

February 14th, 2016

Coinbase’s Chief Executive has announced they are planning to run Bitcoin Classic nodes.

February 13th, 2016

Before you pack your bags and start trading currencies, let us give you the basics of this fast-paced world with this how to trade forex beginner’s guide.

February 12th, 2016

BitFury advocates the block size increase to be implemented correctly and with minimum risk.