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Cryptocurrency

Fear surrounding the hack was blamed for a $42 billion cryptocurrency market selloff. On 9 July 2018 the exchange Bancor had $23.5 million in cryptocurrency stolen. Profits and losses on cryptocurrencies are subject to capital gains tax. The Central Bank of Jordan prohibits banks, currency exchanges, financial companies, and payment service companies from dealing in …Read more…

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The Future Of Cryptocurrency

Ripple’s native coin XRP is now the third-largest cryptocurrency by market cap, treading on heels of the industry’s veterans – Bitcoin (BTC) and Ethereum (ETH). In the cryptocurrency industry, most people believe the bear market is over as BTC price has been hovering around the $10,000 mark for the past few weeks. The Bitcoin mining …Read more…

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Major Cryptocurrency Abbreviations

We’ve explored some terminology from the general cryptocurrency and blockchain space, now let’s look specifically at the leading digital asset, Bitcoin. An ICO is an Initial Coin Offering, similar to an Initial Public Offering (IPO) in the stock market. The process of validating transactions and adding new blocks to the blockchain is called mining. This …Read more…

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FBI Warns Surge in Bitcoin

Instead of having the victim wire money via Western Union or transfer funds to a bank account, con artists are contacting victims and demanding that victims transfer bitcoins. The best way to avoid this scam is to be skeptical of phone calls or emails that say they’re from a government agency. Your acceptance and transfer …Read more…

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Bitcoin's value is skyrocketing — here's how to figure out if you should sell

To prevent double-spending, computers known as “miners” receive transaction fees and free Bitcoins in exchange for running a proof-of-work system. On paper, it sounds like Bitcoin Loophole is similar to all other investment platforms that deal with auto trading cryptocurrency. Why should you choose to invest $250 into Bitcoin Loophole instead of another program? Bitcoin …Read more…