Draft Bill anti-crypto law proposes 10-year jail for dealing in Bitcoin and other cryptocurrencies

In India now if you hold, sell or dealing in cryptocurrencies such as Bitcoin could soon land you in jail for 10 years. The “Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019” draft has proposed 10-year prison sentence for persons who “mine, generate, hold, sell, transfer, dispose of, issue or deal in … Read moreDraft Bill anti-crypto law proposes 10-year jail for dealing in Bitcoin and other cryptocurrencies

Is Gold Is Superior To Bitcoin?

“Bitcoin needs gold to exist,” writes Sebag. “Gold doesn’t need Bitcoin to exist.” While Sebag is splitting hairs here – after all, bitcoin, as a digital asset, is invisible, tasteless, and odorless while gold is a physical object you can wear around your neck – his point is simply that we shouldn’t yet discount gold … Read moreIs Gold Is Superior To Bitcoin?

FCA warns after £27m lost to crypto and forex investment scams

The UK’s financial watchdog FCA has warned of the development of fraudulent online trading platforms following the reported variety of cryptocurrency and international exchange scams greater than tripled in the past fiscal year to over 1,800. The FCA was probing the possible damage done to customers using crypto assets like bitcoin, an electronic money that … Read moreFCA warns after £27m lost to crypto and forex investment scams

eToroX Crypto Exchange Review

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eToroX Review: eToroX crypto assets exchange eTorox is a platform that is launched by leading eToro Group. eToro is the one of the largest social trading platform for last few years and has over 10M users now to the global market for all types of crypto currency trade and it is created so that individuals … Read moreeToroX Crypto Exchange Review

Hackers Steal $40.7 Million in Bitcoin From Crypto Exchange Binance

Hackers steal over $40 million worth of bitcoin from one of the world’s largest cryptocurrency exchanges Hackers have stolen over $40 million worth of bitcoin from Binance crypto echane, one of the world’s largest cryptocurrency exchanges, the company said on Tuesday. Binance announced that a “large scale security breach” was discovered earlier on May 7, finding that … Read moreHackers Steal $40.7 Million in Bitcoin From Crypto Exchange Binance

Why bitcoin down today

Earlier today, on October 18, the cryptocurrency market endured a major correction, as the price of Ethereum fell by 10 percent and Bitcoin trading declined by over 5 percent. After having rallied more than 90%  from a September low of $2,980, the Bitcoin-US dollar (BTC/USD) exchange rate is trading at $5,240 today, a figure that, … Read moreWhy bitcoin down today