All posts in "Bitcoin"
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Alleged Criminal Activity by HitBTC on Customer Accounts

Mexican businessman Ricardo Rivera Palazuelos has filed a lawsuit against Hong Kong-based cryptocurrency exchange HitBTC today (10 August 2018).   Mr Rivera alleges that HitBTC has blocked his account and locked down his funds, running into the millions of dollars. This process, according to Mr Rivera, can be tracked through the blockchain and you can […]

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How Does Bitcoin Mining Work?

Bitcoins have been the talk of the town these days, but understanding how the cryptocurrency works has been a real challenge for most people. No one can blame them because there’s a whole lot of numbers and maths involved, making it a complex subject to comprehend. As you probably know, Bitcoin is basically a digital […]

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7 Things You Need to Know About Bitcoin

The mega-coin, Bitcoin, made its first mark on the web in 2008. No one, even its creator, could have expected the success it has embarked on to the present day. Especially during the past year, it has grown tremendously in popularity. Here, the Bitcoin basics are covered for all interested in this cryptocurrency giant. Who […]

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What is a Distributed Ledger?

The term “distributed ledger” refers to a database kept and updated independently by all the concerned participants, in a broad spectrum of the network.  The distribution is unique and consensually pooled and coordinated among a vast network, which is connected to various sites, financial institutions, and countries.  There isn’t any central authority to transfer or […]

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How to Sell Bitcoins: A Brief Overview

Bitcoins are much more than mere digital tokens. With more and more traders investing in Bitcoins, they have evolved to become an excellent alternative to the fiat currency. Anyone who has an insight into the market and can analyse the economic trends can invest in Bitcoins. So, if you have a few Euros to spare, […]

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Bitcoin Price Drop

Bitcoin surprised many with a steep pullback on price in September to $2,980. This caused panic in many, thinking it would go down and down, with no end in sight. It is easy to have confidence now that bitcoin is okay and doing well now that it is doing well. Once bitcoin starts dropping, especially […]