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Bitcoin, Libra Heading for Social Media Showdown

Twitter’s cofounder and chief executive Jack Dorsey and Facebook’s co-founder and chief executive Mark Zuckerberg have emerged as champions of two similar but opposing ideas: the internet needs its own currency, but one sees it as centralized, through Facebook, the other sees it as decentralised, through bitcoin, Billy Bambrough reported in Forbes. Zuckerberg appears

Major Milestone for Bitcoin on its 11th Birthday

It is estimated that around $4.2bn worth of cryptocurrency has been stolen by hackers so far this year, exceeding the record total from last year. On October 31, bitcoin’s 11th anniversary, the world’s first cryptocurrency reached a major milestone – $1 billion in cumulative transaction fees. Analytics firm Coin Metrics said its data

CoinText launches Bitcoin Cash (BCH) Wallet in Bangladesh

CoinText.io, a cryptocurrency wallet provider that enables users to conduct bitcoin cash transfers without internet through text message has launched its Bitcoin Cash (BCH) wallet in Bangladesh. "Bangladesh is the ideal country for CoinText," explains CoinText founder and CTO Vin Armani. "Very few people have smartphones or cellular data in Bangladesh. CoinText

UNICEF France accepts crypto donations

The French office of the United Nations Children’s Fund (UNICEF) has announced that it will begin to accept donations in cryptocurrency. Following the success of GameChaingers, a crypto fundraising program launched in February of this year, UNICEF France announced it is now accepting donations in nine cryptocurrencies, including bitcoin, ethereum, Litecoin,

DISTRIBUTED LEDGER TECHNOLOGY

It seems everybody is talking about it, but in reality, it is relatively small. It is generating a huge hype, but few have the underlying fundamentals. When bitcoin first emerged back in 2009, it was described as a ‘cryptocurrency’ based on ‘blockchain’ using ‘DLT’.DLT is the generic name for various implementation

HOW IT ALL BEGAN- THE BIRTH OF THE BLOCKCHAIN TECHNOLOGY

The Blockchain technology was first conceptualized in 2008 by Satoshi Nakamoto, a pseudonym used by an anonymous person. Nakamoto implemented the technology in 2009 as a core component of bitcoin, the first ever cryptocurrency. Bitcoin, and subsequently other cryptocurrencies that followed on Nakamoto’s footsteps, effectively decentralized transaction for the first

SILICON VALLEY IS HOT ON A NEW CRYPTOCURRENCY

Ether, the unit of cryptocurrency used on the Ethereum blockchain, has given investors a wild ride lately. Its value more than doubled in May, peaked in June at more than $400 an ether, and then lost more than half that value by early this week. That may sound like a bubble bursting.

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