NiceHash Got Hacked, Lost Over 4,000 Bitcoins
Dec13

NiceHash Got Hacked, Lost Over 4,000 Bitcoins

It has been reported that NiceHash, a Bitcoin mining service, was hacked and BTC funds to the tune of nearly $62 million have been stolen. According to the users of NiceHash, their funds have been taken from their Bitcoin address at the service to another Bitcoin address under the control of an unknown entity. NiceHash is a company based out of Slovenia and was founded in the year 2014. NiceHash serves as a marketplace where people...

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Square Cash App Lets You Buy and Sell Bitcoin
Nov27

Square Cash App Lets You Buy and Sell Bitcoin

San Francisco-based Square Cash, a merchant aggregator and financial services company, has started a new pilot feature on that allows users to invest in Bitcoin. Square, the parent company of the aforementioned Square Cash, was created in 2009 to offer a wide range of financial services including its payment reader app, register platform and much more. The company’s financial app, which is used for making payments between friends,...

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Bitcoin SegWit2x Explained
Nov14

Bitcoin SegWit2x Explained

The cryptocurrency world is waiting with bated breath for November 16 when the decision on the future of Bitcoin as a stable digital currency will be made. In the midst of the issue is the software code SegWit2x (short for Segregation Witness 2x). Let’s place the issue in perspective to make it simple for you to know what happened and what to expect: Size of the Blocks Behind the Fork After the concept had been established and Bitcoin...

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Australia Introduces Bill to Eliminate Double Taxation of Bitcoin
Oct17

Australia Introduces Bill to Eliminate Double Taxation of Bitcoin

According to existing Australian laws and policies, all traders and investors of cryptocurrencies such as Bitcoin and Ethereum are potentially liable for the goods and services tax (GST). As such, digital currency users in Australia are again taxed for the GST that’s charged on the currency used in the transaction. The double taxation for cryptocurrencies has received heaps of criticism from the local Bitcoin investing community in...

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Cryptocurrency Bitcoin in the Browser
Sep26

Cryptocurrency Bitcoin in the Browser

Some of the top tech companies in the world have created an API for internet browsers that will soon allow people to buy various products online with cryptocurrencies like Bitcoin instead of traditional payment methods. Online shopping has been a revelation ever since businesses started expanding their reach to the internet. It made the entire experience of buying products an extremely convenient one. Until now, traditional payment...

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Lawmakers Draft Bill to Protect Cryptocurrencies
Sep06

Lawmakers Draft Bill to Protect Cryptocurrencies

https://www.youtube.com/watch?v=akfL4wgwBHg Lawmakers are drafting legislation aimed to protect cryptocurrencies. The law should also prevent illicit practices using digital currencies, such as money laundering.

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