This article is part of a series on governments with an anti-crypto stance. China is most likely one of the countries with the lowest tolerance towards the digital currency community. Despite this aspect, holding Bitcoin alongside other cryptos isn’t illegal, nor is purchasing or selling coins as long as it’s done without the involvement of an exchange.…

For those not familiar with cryptography, encryption, in its most basic sense, is a cryptographic equivalent of a lock and key. In a way similar to locking your valuables in a safe, encryption allows sensitive data to be protected. Once data has been encrypted, it’s converted to an unreadable, meaningless form that cannot be understood.…

This article is part of a series on governments with an anti-crypto stance. Understanding the cryptocurrency market in Iran Back in April 2018, the Central Bank of Iran published their decision to prohibit local financial institutions and banks from getting involved with cryptocurrencies. The reasoning consisted of terrorism financing and money laundering risks. Despite this aspect, numerous studies showcase…

Bitcoin hit an all-time colossal value of $19,800 in December 2017. With other altcoins proportionately following suit, the total market capitalization value went beyond $600 billion in that year. In 2018, the cryptocurrency capitalization value shrunk to less than a third in comparison to 2017. Bitcoin's price is based on supply and demand. If the…

Cryptocurrency has a history of gaining strength when nations experience economic challenges. Despite their volatility, Blockchain assets are often viewed as a safe haven for those seeking to move wealth out of unstable, or inflation-prone fiats. There is reason to believe that this phenomenon is a key player in the present market rebound of Bitcoin…

If you're looking to enter the cryptocurrency market and looking for both a trading platform and a secure crypto wallet, you should understand a little about what you need to safeguard. Cryptocurrency is one of the most secured currencies out there because unlike regular currency which gets stored in online bank accounts and often managed…

Weekly Summary Russia is looking at Bitcoin as a way to mitigate the effect of the latest U.S. sanctions, Fortnite accidentally accepts Monero for merchandise shop, New York State forms a cryptocurrency task force, Overstock becomes the first company to pay taxes in crypto, New Swiss president is pro-crypto, Japan makes moves towards a crypto…

A fifty-one percent attack has been launched against EthereumClassic (ETC), causing a single malicious player to take control of the network. Several blocks have been re-written, resulting in double spends for what could be several hundred thousand dollars worth of the platform’s tokens. In response, a number of exchanges, including CoinBase, have suspended withdrawals. Also,…

Although it is far too early to know if a price recovery is underway, this year promises significant development in terms of investment options in the crypto space. Already a number of banks and traditional financial institutions are preparing to offer crypto products, and institutional investment is all but certain to begin soon. Adding to…

It is quite reasonable to call 2018, the blockchain year. We have been observing a wave of crypto and blockchain developments in pretty much all sectors. Let it be ICO launchings, Venezuela planning to trade its oil for Petro token, or US states competing with one another to wear the crown for the most crypto-friendly state, the progress (as…