Category: Crypto
A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. Cryptocurrency does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to a central bank digital currency (CBDC).
When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
NCLA Files Appeals Against the Internal Revenue Service
- by Team
The Tax Administration of the United States (USTA) has filed a Petition for a Writ of Certiorari in the United States Supreme Court seeking to quash the Tax Court’s order on the grounds that the Tax Court did not have jurisdiction to hear the case. The IRS has filed an Interim Notice of Amendment to…
Read MoreCivic Coin – A New Cryptocurrency for Smartphones
- by Team
This is the first of the two posts on the development of the proposed Civic coin. We expect to release a working paper describing the features of the coin this summer. A recent study showed that over 80% of cryptocurrency users are on mobile, which means that a new cryptocurrency that is launched on a…
Read MoreTomoChain (TOMO-USD) is on Bullish Momentum
- by Team
The TomoChain coin was created based on the concept of utility tokens and utility tokens would be used to purchase other tokens which the community would use to purchase the full utility token. Since the community would use the full utility tokens to purchase the remaining tokens, it would essentially be a utility token like…
Read MoreSynthetix Has Fail to Replicate Initial Coin Offering Success
- by Team
“Synthetix, a blockchain project backed by some of the top Wall Street firms, has failed to replicate its initial coin offering success in the U. “The company’s website claims that it has ‘more than 300,00,000 coins and tokens available’. In actual fact, the company has an ‘in progress’ web wallet, but no funds have been…
Read MoreHathor Cryptocurrency – A Bitcoin (HTR-USD) Currency on the Bullish Momentum
- by Team
Hathor cryptocurrency has risen today to hit a record high for the last 7 days. The Hathor digital currency is one of the first cryptocurrency products targeting the youth and an emerging digital asset. It started as a project by a group of young researchers, whose objective was to facilitate the real time trade of…
Read MoreThe Future of Cryptocurrency
- by Team
The world of cryptocurrencies is coming of age, as investors are starting to realize its potential as a new class of investment medium. This growing trend is set to disrupt the existing financial system landscape and bring about a radical change for all. The cryptocurrency system itself is set to introduce a new and powerful…
Read MoreA Cryptocurrency Lab Has Been Seized by Ukraine
- by Team
A cryptocurrency laboratory has decided to stop operating as a farm and become part of another, rather than shutting it down. In order to make this process easier, the lab has agreed to pay back money due to the confiscation of the lab’s assets and have a certain period of time to come up with…
Read MoreRegulated Cryptocurrency Transactions Under Indian Law
- by Team
A bill seeking to regulate cryptocurrency transactions in India. Cryptocurrency, one of the hottest digital assets, is increasingly being used in commerce, investment, and other economic activities. It is rapidly becoming the preferred method of payment over cash and other traditional payment methods, which have largely been embraced and regulated by the Indian government. Currently,…
Read MorePolkadot – The Decentralized Exchange
- by Team
“Polkadot is a protocol that does an excellent job in creating a community, where people of many backgrounds and experience levels can come together to learn about and discuss specific topics. The network has strong communities that are highly supportive of each other in a way that will likely make it easier for people to…
Read MoreMonsoon Arrival in Jaipur
- by Team
Monsoon arrival in Jaipur; Monsoon arrival in Jaipur. Monsoon arrival in Jaipur : Monsoon arrival in Jaipur. – The first monsoon arrived in India and the capital of the ‘Kasargod’ region. This natural phenomenon occurs when the high pressure on the ocean creates an opening in the upper part of the atmosphere. This opening forms…
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