Category: News Updates

Bitcoin, Ethereum, Altcoins, Mining, Trading & more

Bitcoin remains key despite previous signals to Circle’s Strategy

  Circle Financial seems to have been executing a 180 degree shift in their strategy after having spent a couple of years in making an impressive shift in the focus from cryptocurrencies and Bitcoin; thereby boosting their crypto-related offerings in a series of moves that most say they see that they are positioning themselves on…
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Kaspersky Lab: Cybercriminals Are Moving from Ransomware to Cryptojacking

As per a report that has been published by Kaspersky Lab, there has now recently been a major shift in cyber-attacks from ransomware attacks to crypto mining – malware attacks. This type of attack is called as crypto jacking and has become all the more profitable for hackers and is one of the major reasons…
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World Cup: Few real opportunities to pay with cryptocurrencies

Currently, the FIFA world cup is being held in Russia and it highlights some the world’s best football players and gives everyone also the opportunity to know more about the life in the country that is hosting the World Cup. There have been hundreds of thousands of fans that have to come to the host…
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Emergency decrees on digital assets enacted by Thailand

The Thai Government published two Emergency Decrees in the Royal Gazette on 13 May 2018, to the law and regulations that were related to digital asset business operations; and (ii) Thai tax ramifications on certain income earned from digital assets. As of 14 May 2018, the law has come into full effect. The law also…
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Victims who lost USD 1 Billion of Bitcoins in Mt. Gox hack to be returned

On Friday, a Japanese court had ruled to pull infamous Bitcoin exchange Mt. Gox out of bankruptcy. There is at least an amount of USD 1 Billion in the worth of Bitcoins to be returned back to the rightful owners. Since the creation of Bitcoin close to a decade ago, this news and decision is…
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What is Mnemonic Phrase & Mnemonic Passphrase?

The number of cyber-crimes in the recent days have only been increasing, even as we speak. Every week there are more and more new cases popping up regarding the hacks, and other cyber-activities. Hence, in a scenario where the Bitcoins which were inside your Bitcoin-wallet has been missing or in fact you realise that they…
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Steve Bannon is betting on Bitcoin and may release his own ‘deplorables’ cryptocurrency

  Steve Bannon, who is a former strategist at the White House, had announced that he is very much interested in the goodness of Bitcoin. He also declared that he would be interested in creating his own ‘Deplorables coin’ currency. What exactly does Bannon have to say about it? According to Bannon, the libertarian politics…
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John mcafee poisoned; tells culprits: ‘you will soon understand the true meaning of wrath’

On the 22nd of June, 2018, John McAfee who is the founder of the eponymous antivirus company, shared a photo of himself admitted in the hospital on Twitter, mentioning that he had been poisoned. What was the possible reason behind poisoning John McAfee? A month before, John, who is the Cyber Security Pioneer, had spoken…
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Bitcoin price tumbles after USD 31 million hack on Bithumb cryptocurrency exchange

Bithumb is considered as the home for many of the world’s largest trading centres. On the 20th of June, 2018, it became the second cryptocurrency exchange which was hacked this month, in South Korea. Also, it marked the second time that the exchange was breached in less than a year. The effect of the Bithumb…
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BitPay, Coinbase or others: Can anybody replace Visa?

On the 1st of June, 2018, Visa announced that the Visa cards would not be available for payment purposes in the UK as well as Europe. Visa is clearly known as the most used payment mode and when it went down, the discussions were once again opened regarding the path towards decentralized networks. Even though…
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