Bitcoin, and cryptocurrencies in general, remain an enigma to most people. Their understanding of the concept is typically limited to the fact that it is a virtual currency that exists solely online. Continue reading Hackers May be Using Your Computer to Make Bitcoin
Bitcoin, the controversial nine-year-old crypto-currency, is now worth over $100 billion. Its anonymous founder with the alias of Satoshi Nakamoto remains unidentified. One interesting theory is that Nakamoto abandoned the open-source currency to avoid legal cases in the United States. Another speculation says the mysterious creator of Bitcoin prefers anonymity because he uses the digital platform for his financial gain. Continue reading Here’s Why BitCoins Founder Remain Anonymous
Could bitcoin be the biggest market bubble in history? According to financial research firm Birinyi Associates, the answer is a resounding yes. Continue reading Is Bitcoin the Biggest Bubble Ever?
Bitcoin and cryptocurrency anonymity may be coming to an end for many Europeans after actions by EU and UK politicians who want to regulate cryptocurrency exchanges under anti-money laundering and anti-terrorism finance initiatives. The crackdown is motivated by concerns that cryptocurrencies may soon become a financial tool for tax evasion and criminal enterprises. Continue reading Bitcoin: UK and EU plan crackdown amid crime and tax evasion fears