Since the ban on cryptocurrency, traders in India have resulted to underground crypto trade to buy or sell their favorite coins. The efforts of the Indian governments seem to have bore little fruit as cryptocurrency trade in the country continues to grow. Traders have resulted to Dabba trading which according to reports, is trading outside…
The CEO and majority shareholder of Qiwi- a Russian e-payment firm, Sergey Solonin, revealed that a company employee had mined 500,000 bitcoins in 2011 using his hardware without his knowledge. Solonini told the story while addressing students at the Moscow Advanced Communication School last week on Wednesday. According to reports, Solonin discovered that one of…
Hacking cases in the cryptocurrency industry are becoming more frequent costing the exchanges hundreds of millions this year alone. Etherscan becomes the latest hacking victim on Monday after an unknown person hacked its sites. According to reports, the hacker was able to penetrate Etherscan’s system and leave pop-up text that stated: “1337,” decades’ old hacker…
A few months ago, the Iranian government turned to cryptocurrency in preparation for the upcoming sanctions. Iran had announced in April that it had developed an experimental domestic cryptocurrency to test whether or not cryptocurrency would be the much-desired savior. Iran’s new currency will allow people in Iran to send and receive money both locally…
