Back in 2009, Bitcoin was introduced as a radically new “financial system” that was intended to take the place of the current fiat currency system. There are some crypto aficionados that would like to see the fiat currency system switched over to crypto. On the other hand, many economists argue that fiat can never be replaced by cryptocurrency. When it...
2019 turned to be a less wild year for Bitcoin (BTC). However, BTC is still faced with volatility, causing harm to the world’s top digital currency’s potential as a payment method. To dive deeper into the topic and know who can best help you with a Bitcoin merchant account, keep on reading this post. Bitcoin Merchant Account: What to Know...
Bitcoin is one of the first and most popular cryptocurrencies in the world. It is a decentralized digital currency that does not belong to a central bank or an administrator. It can be sent from one user to another by utilizing a peer-to-peer blockchain network, all without any type of middleman. The inventor or inventors that go by the pseudonym...
Fraud continues to be a headache for businesses of all sizes, especially midsized and large online retailers. They saw on average a 35% in fraud during 2017, according to the recently released 2018 “True Cost of Fraud” study by LexixNexis Risk Solutions. The cost of fraud is definitely expensive for these firms – every $1 of fraud costs midsized and...
SEC Registration Charges Two cryptocurrency companies must return millions to investors for violating ICO federal regulations. CarrierEQ Inc. (Airfox) and Paragon Coin Inc. agreed to repay funds to their harmed investors and register tokens as securities under the Securities Exchange Act of 1934, according to the settlement they reached with the U.S. Securities and Exchange Commission (SEC). Additionally, they each...
It would be difficult to have missed the growing interest in Bitcoin and the alternate versions of cryptocurrency that are now available. There has been a significant growth of interest in the world of crypto finances, but for the millions of new users, many are not giving much consideration to the security of their digital finances. One of the most...
Bitcoin will mark 2018’s first quarter as its worst ever. The world’s top cryptocurrency dropped significantly standing at $6,782.64. While newbie’s in the financial world may panic or even choose to liquidate what’s left of their Bitcoin investments, a recent forecast by financial experts from howmuch.net indicate that the popular cryptocurrency may make an unexpected comeback. According to the financial...
The domain name “bitcoin.org” was registered on 18 August 2008. In November 2008, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. Nakamoto put the Bitcoin software into implementation as open source code. It was released in January 2009. The identity of Nakamoto remains unknown. More...
Move over credit cards: Cryptocurrency is the future of retail Blockchain may still be in its early stages–, but if recent trends can tell us anything, it’s that this and the next few years are set to establish the technology as a dominant force in e-commerce. Essentially, a cheat-proof ledger that monitors and authenticates financial transactions, blockchain has been widely...
Virtual currency can be characterized as a type of unregulated, digital money that is issued and sometimes controlled by its developers. It’s used and accepted among the members of a specific virtual community. The most famous virtual currency is bitcoin. Need a Bitcoin Merchant Account? Bitcoin is a public-ledger distributed virtual currency, which means anyone can see everyone else’s bitcoin...
